Due to the on-going COVID-19 pandemic, the entire crypto space including SINOVATE is experiencing a quieter than usual period for new announcements. While this is likely to remain the case until the outbreak clears, we continue to work day in, day out to achieve all of our targets. The SINOVATE team sends its best wishes to our community and all of your loved ones during this difficult time. Please stay at home, follow the rules and most important of all, stay safe.

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ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE lists on CTSC Platform

SINOVATE has been listed on the CTSC Platform. CTSC assembles information regarding cryptocurrency coins and projects, offering solutions to common issues experienced such as technical support, roadmap tracking, and finding developers. Monitoring of multiple cryptocurrencies is permitted via a wallet tracker facility, where users are notified via email if wallet updates for favorited coins are mandatory. Features include coin information and portfolios, as well as an incentivized service desk. Details of the SINOVATE project on the CTSC Platform can be viewed here.

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SINOVATE achieves KYD verification status

SINOVATE is delighted to have completed KYD verification on Know Your Developer (KYD). The KYD platform provides the perfect avenue for cryptocurrency enthusiasts to research and learn about blockchain projects, creating trust between investors and developers. This enables SIN to continue providing transparency to our community and the wider cryptocurrency spectrum, through coin and team details as well as verified team members on the KYD website. KYD’s review of the SINOVATE team can be found here.

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SINOVATE lists on BitTorro.io

SINOVATE is now available on BitTorro.io.BitTorro makes cryptocurrency trading simple, through an instant swap service supporting 45 plus coins. This exchange aims to support non-ICO, open-source, decentralized blockchain projects such as SINOVATE sustainably. For instance, when SIN coins are purchased, community members will also be supporting our development. This is because BitTorro donates a portion of generated swap revenue back to us. Features include secure and rapid delivery of trades with minimum fees. Purchase SINOVATE on the BitTorro.io exchange today.

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SINOVATE releases Webtool

The SINOVATE Webtool has now been releasedCustom-built by the SIN team, anyone with a local browser is permitted access to a wide range of fantastic features, including sending and receiving SIN coins, participating in SINOVATE Governance Proposals as well as signing and multisigning Tx’s. Invoice validation and the creation of multisig addresses is also enabled. Download our Webtool here. The SINOVATE team continues to achieve all of its goals, despite the on-going globally challenging conditions. Many thanks for your brilliant support.

ARTICLES & REVIEWS

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Decentralization in a Post COVID-19 World article published

Learn about how COVID-19 has impacted financial markets worldwide, including the cryptocurrency industry. This article also explains the inefficiencies of traditional data centers, compared to the exceptional safety and security that our Incorruptible Data Storage (IDS) protocol will provide. Many thanks to our CX Analyst & Blockchain SME Nick Moorefor writing this fantastic article.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

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Sinovate.io STATS

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DEVELOPMENT

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Released:

be16d50 [misc] Added new bitcoin “Sinovat-ed” files – giaki3003.

c387644 [misc] Removed old bitcoin counterparts from th… – giaki3003.

a61cfec [misc] Fixed broken comment url – giaki3003.

e1b4c7a [contrib] Changed the README to reflect new fil… – giaki3003.

8396e2e [contrib] Other bitcoin->sinovate conversions – giaki3003.

f70cc4b [test] Removed pruning test – giaki3003.

0aeda72 [test/lint] Misc naming changes – giaki3003.

2a2646e Identify group, signers rank – crptec.

5fb2015 Merged branch ‘development’ of github.com:SUQAOR… – crptec.

92aa25b [test] Removed segwit tests – giaki3003.

04e9e63 Some visual bugs in Combobox background color f… – hardwarewise.

403d345 SIN WebTool Guide added. – hardwarewise.

79d77a9 Updated sin_webtool_guide.md – hardwarewise.

db184b1 Relayed signers group – crptec.

0837b0d Merged branch ‘development’ of github.com:SUQAOR… – crptec.

609bc5c SIN Web Tool manual, has been added in Turkish … – hardwarewise.

aca9374 Fixed relay signers protocol – crptec.

2c0ce13 [validation] Fixed IN payment validation – giaki3003.

6437d77 [misc] Fixed typo – giaki3003.

c10f213 [misc] Minor adjustments to RPC error descriptions – giaki3003.

67928ff Show sum of all selected transactions in ‘Trans… – hardwarewise.

5c99e73 SINOVATE Whitepaper V2 Light has been added to … – hardwarewise.

733ee6b Updated SINOVATEWhitepaper V2_Light.md – hardwarewise.

6c5e85c Renamed SINOVATEWhitepaper V2_Light.md to SINO… – hardwarewise.

37dc57c Updated sidebar.md – hardwarewise.

5886dc1 Updated and rename SINOVATE_Whitepaper_V2_Light…. – hardwarewise.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • Native mobile wallets.
  • setUP VPS hosting.

I.D.S — Step 1

• Incorruptible Data Storage.
• SIN Messenger (Decentralized Direct Messaging).
• Blockchain-based Electronic Mail.

Monthly Update

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Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

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The latest Financial Statement is also available to view:

March 2020 Financial Statement Medium

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal