Zilliqa (ZIL) Blockchain Platform - ICO Review, Rating and Details of Zilliqa ICO (Token Sale) - Rating: Not Rated

Zilliqa is a scalable, secure public blockchain platform. It’s the first public blockchain platform that implemented sharding and achieved a throughput of 2828 transactions per second in its test net. This enables new use cases that have high-throughput demands that were not previously possible on legacy public blockchain platforms.

Problems & Solutions

Many proposals have surfaced to scale up the transaction throughput of existing blockchain protocols, for instance, re-parameterizing the original Bitcoin protocol (e.g., increasing block sizes), moving as much computation off-chain (e.g., micropayment channels and lightning network), creating hierarchy of blockchains (e.g., sidechains). None of these protocols directly make the blockchain protocol itself more scalable. Zilliqa targets the heart of the scalability problem - its own blockchain. Having said that, any of these scaling mechanisms can be used on top of Zilliqa to further scale its throughput.

Zilliqa is based on ideas inspired by Bitcoin-NG, CoSi, ByzCoin, and the Elastico proposal. The scalability goal is intrinsic throughout the different layers of Zilliqa, from network sharding, secure and efficient consensus protocol with multi-signature, to computational sharding and verifiable smart contract language. Without any legacy of blockchain design and protocols and transaction or block formats that hinder scalability, Zilliqa has a promising trajectory to hundreds and thousands of times more scalability than existing public blockchains.

Features & Highlights

  • Network Sharding: Zilliqa dynamically splits the network of blockchain nodes into different subgroups, called shards, with each shard formed to process and reach consensus on a subset of transactions. This way, disjoint subsets of transactions can be processed in parallel, and significantly boost the transaction throughput by orders of magnitude. Eventually, such transactions are merged into a new block that is committed to the blockchain. The primary challenge in realizing such network sharding is how to ensure the security of the protocol. The naive approach would suffer from much higher susceptibility to compromised blocks as the size of the consensus groups is smaller under network sharding. To address security implications from it, we invent a new protocol that achieves scalability with strong security guarantees, inspired by our innovative research outcome [1] and other state-of-the-art research literature [2] [3]. The gist of our network sharding protocol is to leverage a proof-of-work (PoW) puzzle to elect and update a directory service committee in a decentralized and democratic manner. The directory service committee is tasked to coordinate the sharding process, as well as validate the blocks of transactions proposed by each shard and verify if they have received approval from a sufficiently large quorum within the shard. Unlike several existing blockchain platforms (such as Ethereum and Bitcoin), Zilliqa does not employ PoW to achieve consensus. In fact, PoW is used only to prevent sybil attacks and perform sharding. As a result, it can potentially be replaced by any other sybil resistance mechanism such as proof-of-stake (PoS). Our choice of PoW is motivated by the fact that its security guarantees have been well studied in the literature unlike PoS which is still under active research.

  • Secure & Efficient Consensus Algorithm: Within the directory service committee and each shard that processes and accepts transactions, we run a secure and efficient consensus protocol. The protocol enables each shard to reach an agreement on the blocks to propose. Our consensus protocol is based on the idea of byzantine fault tolerance (BFT) [4] with heavy optimizations. We choose BFT to design our consensus protocol to ensure that the resulting blocks are definitive, without the need of long confirmation times as required in the popular “longest-chain” rule in existing cryptocurrencies. However, existing BFT protocols entail a large communication bandwidth and hence time elapsed to converge. As a result, they do not scale well to a large network of nodes. We specifically identify a recently proposed scalable signature scheme CoSi [5] that has the potential to make BFT protocols much more scalable. The challenges we faced here was that CoSi was proposed to work in a much less hostile environment than that of a public blockchain. With several significant enhancements we develop for the CoSi scheme. In particular, we add extra steps and message rounds to the CoSi protocol both on the leader's side and on the signer's side to prevent malicious leaders and signers in the protocol. The added steps and checks ensure that malicious behaviors get detected as early as possible. As a result, we derive a secure scheme and apply it to develop a scalable BFT protocol for consensus in Zilliqa.

  • Transaction Sharding: Zilliqa employs account-based design. The account-based design allows transactions to be sharded according to the sending accounts. This ensures that attacks akin to double spending or replay can be thwarted by the same shard of nodes. For better scalability, Zilliqa makes two conscious choices in the design of transaction sharding: 1) Zilliqa provides atomic transaction commits without involving cross-shard communication that is often costly and complex. 2) Zilliqa allows transactions to be processed asynchronously with the consensus processes of the blockchain. Zilliqa adopts a “reject-and-retry” mechanism to asynchronously process transactions as and when the majority of nodes become up-to-date.

  • Computational Sharding & Sharding-Friendly Smart Contract Language: Smart contracts allow applications to be built on top of the distributed ledger provided by the blockchain storage and consensus. However, today’s mainstream public blockchains are not suitable for running computation-intensive tasks, as any of the computation tasks would have to be repeated at all full nodes for validation. Albeit being secure, such a fully redundant programming model is prohibitively expensive for running large-scale computations. With scalability as the main goal of Zilliqa, we propose a new smart contract language Scilla that scales much better for a multitude of applications that range from automated auctions, shared economy to financial modelling [6]. Beyond verifiability of security and correctness properties, Zilliqa’s smart contract language will run efficiently on a blockchain architecture with sharding. Moreover, it will enable sharding of computational resources in the blockchain network via an overlay above the consensus process, i.e., computational sharding. Computational sharding allows users of Zilliqa and applications running on Zilliqa to specify the sizes of consensus groups to compute for each of the subtasks. Each consensus group will then be tasked to compute the same subtask, and produce the results. The user specifies the condition on acceptance of the results, e.g., all in the consensus group must produce the same results, or ¾ of them must produce the same results, etc. We apply gas fees to bound the computation required for smart contract execution and prevent abuse of computational resources available on the blockchain. A user of the application running on Zilliqa can budget how much he or she wants to spend on computing and security, respectively. In particular, a user running a particular application may spend more gas fee on running different subtasks than letting too many nodes repeat the same computation. In this case, he or she can specify a smaller consensus group for running each computation. On the other hand, a sophisticated modeling algorithm that requires greater precision may task consensus groups of larger number of nodes to compute the critical portions of the algorithm to be more resilient against potential tampering and manipulation of the results. Finally, equally important to the efficiency of smart contract execution is its friendliness to programmers. Notwithstanding the efficiency and verifiability benefits, Scilla being very formal, may not be the programming language and model that most programmers today are familiar with. To address this challenge, Zilliqa will provide a front-end higher level language to programmers, whose syntax will be similar to Solidity. We will develop compilers to automatically convert such Solidity-like smart contracts into Scilla. We believe such syntax-level compatibility with Solidity will ease the migration cost of some existing smart contracts to Zilliqa for much higher-throughput.

  • Profitable Mining: As discussed earlier, Zilliqa uses PoW only to establish identities and prevent sybil attacks. Zilliqa does not use PoW to reach consensus on blocks. This has the following two advantages:

    • Once the identities are established, nodes can reach consensus on several blocks in a row. As a result, a PoW can be performed after, say every few hundred blocks. This is in contrast with the use of PoW as in Bitcoin and Ethereum where, a new PoW solution is required to reach consensus on every new block. As a consequence, the energy cost often associated with PoW per block will on average be very low in Zilliqa.
    • Since miners can reach consensus on multiple blocks during an epoch, they are guaranteed more stable rewards with low variance.

The unprecedented throughput of Zilliqa also has an important impact on the incentives that miners draw from transaction processing, i.e., gas fees (or transaction fees). In many of today’s popular blockchains, users have to compete for the small number of transactions that can be processed every second. Miners also tend to pick transactions with higher fees to compensate for their operational costs. As a result, transactions with low or insufficient transaction fees will experience delays in processing, or worse can be held indefinitely. The situation may further deteriorate as mining rewards close to zero in blockchain projects with finite supply such as Bitcoin. In August 2017, the average transaction fee in Bitcoin rose as high as USD 9 . Such issues will be significantly alleviated in Zilliqa. As the number of 2 transactions processed per second becomes 200x more or beyond, the competition in terms of transaction fees will be less intense. At the same time, the cost of processing a transaction on the miners’ side is also cut by orders of magnitude. We expect that the bar for transaction fees acceptable to miners will be lowered significantly. Note that a low fee in Zilliqa does not necessarily imply that miners are insufficiently incentivized. On the contrary, due to its high throughput, the aggregated sum of incentives from several transactions can compensate the low fee per transactions.

Token Allocation

"Private Sale","Public Sale ","Team","Advisor","Strategic Sale","Token Treasury","One-time Advisors","Mining Rewards" {"name": "Private Sale","value": 27.3},{"name": "Public Sale ","value": 2.7},{"name": "Team","value": 5},{"name": "Advisor","value": 2.1},{"name": "Strategic Sale","value": 10},{"name": "Token Treasury","value": 12},{"name": "One-time Advisors","value": 0.9},{"name": "Mining Rewards","value": 40}

Token Release Schedule

"May 2018","Jun 2018","Jul 2018","Aug 2018","Sep 2018","Oct 2018","Nov 2018","Dec 2018","Jan 2019","Feb 2019","Mar 2019","Apr 2019","May 2019","Jun 2019","Jul 2019","Aug 2019","Sep 2019","Oct 2019","Nov 2019","Dec 2019","Jan 2020","Feb 2020","Mar 2020","Apr 2020","May 2020","Jun 2020","Jul 2020","Aug 2020","Sep 2020","Oct 2020","Nov 2020","Dec 2020","Jan 2021","Feb 2021","Mar 2021","Apr 2021","May 2021","Jun 2021","Jul 2021","Aug 2021","Sep 2021","Oct 2021","Nov 2021","Dec 2021","Jan 2022","Feb 2022","Mar 2022","Apr 2022","May 2022","Jun 2022","Jul 2022","Aug 2022","Sep 2022","Oct 2022","Nov 2022","Dec 2022","Jan 2023","Feb 2023" {"name": "Private Sale", "icon": "roundRect"},{"name": "Public Sale", "icon": "roundRect"},{"name": "Team", "icon": "roundRect"},{"name": "Advisors", "icon": "roundRect"},{"name": "Strategic Sale", "icon": "roundRect"},{"name": "Token Treasury", "icon": "roundRect"},{"name": "One-time Advisor", "icon": "roundRect"},{"name": "Mining Rewards", "icon": "roundRect"} {"data": [27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27,27.27],"name": "Private Sale", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73,2.73],"name": "Public Sale", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [1.67,1.67,1.67,2.08,2.08,2.08,2.50,2.50,2.50,2.92,2.92,2.92,3.33,3.33,3.33,3.75,3.75,3.75,4.17,4.17,4.17,4.58,4.58,4.58,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00,5.00],"name": "Team", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.70,0.70,0.70,0.88,0.88,0.88,1.05,1.05,1.05,1.23,1.23,1.23,1.40,1.40,1.40,1.58,1.58,1.58,1.75,1.75,1.75,1.93,1.93,1.93,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10,2.10],"name": "Advisors", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [3.33,3.33,3.33,4.17,4.17,4.17,5.00,5.00,5.00,5.83,5.83,5.83,6.67,6.67,5.67,7.50,7.50,7.50,8.33,8.33,8.33,9.17,9.17,9.17,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00,10.00],"name": "Strategic Sale", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [4.00,4.00,4.00,5.00,5.00,5.00,6.00,6.00,6.00,7.00,7.00,7.00,8.00,8.00,8.00,9.00,9.00,9.00,10.00,10.00,10.00,11.00,11.00,11.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00,12.00],"name": "Token Treasury", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90,0.90],"name": "One-time Advisor", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.00,0.00,0.00,0.00,0.00,0.00,0.00,0.00,0.00,0.15,0.31,0.46,0.62,0.77,0.92,1.08,1.23,1.39,1.54,1.70,1.85,2.00,2.16,2.31,2.47,2.62,2.77,2.93,3.08,3.24,3.39,3.55,3.70,3.85,4.01,4.16,4.32,4.47,4.62,4.78,4.93,5.09,5.24,5.39,5.55,5.70,5.86,6.01,6.17,6.32,6.47,6.63,6.78,6.94,7.09,7.24,7.40,7.55,7.71],"name": "Mining Rewards", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}}

Token Utility & Use Cases

ZIL is the core utility token of the Zilliqa network. A few examples of the use cases of the ZIL token include:

  • Incentive for PoW mining
  • Payment as gas fees for smart contract execution
  • Tender for transaction fees

Roadmap & Updates

  • June 2017
    • Project Zilliqa started
  • August 2017
    • Whitepaper released
  • September 2017
    • Release result of internal Testnet ver0.1
  • October 2017
    • Release result of internal Testnet ver0.5
  • December 2017
    • Release Scilla design document
  • January 2018
    • Release source code
  • March 2018
    • Testnet v1.0 released
  • June 2018
    • Testnet v2.0 released
  • January 2019
    • Mainnet Launch
  • Q1 2019
    • Token swap
  • Q1 2019
    • Token dApps
  • Q2 2019
    • Zilliqa core protocols enhancements
  • Q3 2019
    • Core protocol refactoring
  • Q3 2019
    • Scilla enhancements
  • Q4 2019
    • Support for higher-level languages

Team Members

  • Amrit Kumar, President & Chief Scientific Officer, Amrit is the Head of Research for Zilliqa. He holds a PhD from Université Grenoble-Alpes, France and was hosted at Inria's Grenoble center. Prior to his PhD, he obtained an Engineer's diploma from Ecole Polytechnique, France, where he studied Computer Science and Mathematics. His research interests broadly span security, privacy and applied cryptography. Linkedin.

  • Yaoqi Jia, Chief Technology Officer, Yaoqi is the Head of Technology for Zilliqa. His prior experience focuses on building secure and privacy-preserving web and distributed systems with cryptographic mechanisms. He proposed several technologies in his research as the building blocks for next-generation blockchain, addressing consensus and privacy issues. His research work has been published in top international conferences, such as CCS, USENIX Security, PETS, RAID, ESORICS. He has received the Best Paper Award in W2SP (2014) and ICECCS (2014). His work was acknowledged by Google and Apple (CVE-2014-7948 for Chrome and CVE-2015-5907 for Safari) and has received media coverage including Dailydot, Gizmodo and Techspot. Linkedin.

  • Saiba Kataruka, Developer Marketing Lead, Saiba Kataruka has earlier worked with IBM as a consultant for five years, in the payment technology field, in Asia and Europe. He then left the company to pursue an MBA degree from the University of Oxford. He loves reading, writing, public speaking and traveling. He is most interested in the decentralization aspect of the Blockchain technology and in the ways that it can improve the current social and financial structures. Linkedin.

  • Aparna Narayanan, Communications Manager, Aparna is a communications and public affairs specialist with extensive experience in implementing strategic campaigns for the technology, energy, public and not-for-profit sectors. She is interested in the interface between advocacy, policy and technology — particularly in the use of tech for social impact. Aparna recently graduated with an MSc in Public Policy & Management from King’s College London and also has a B.A in Political Science from McGill University. Linkedin.

  • Addison Huegel, Head of Communications, Addison Huegel is a new technology communications and marketing specialist with extensive experience building communities around blockchain, B2B, and B2C applications. Over the years he’s worked with hundreds of companies, from startups to Fortune 500s. In 2015, he served as a communications consultant to the Ethereum Foundation and DEVCON1. Before entering into marketing and PR, Addison worked in the field of Condensed Matter Physics and has published a number of scientific, peer-reviewed papers. Linkedin.

  • Sophia Fang, VP, Business Development, Sophia has extensive experience in business & technology consulting and has led design and multinational rollout of large scale and complex technology initiatives across a broad array of sectors. With strong understanding of business operations and deep knowledge in technology, Sophia has displayed consistent abilities of identifying unique business opportunities, facilitating strategy planning and delivering successful implementation of solutions, to build up clients' technology capability to match the constantly evolving business environment. Linkedin.

  • Han Wen Chua, Developer Advocate, Han Wen is an idealistic libertarian seeking to help build a community of active developers on Zilliqa. He was an active member in the mining community during the early days. He previously worked in the Aerospace industry designing military drones and passenger-to-freighter solutions. His other interests include 3D printing, geopolitics and progaming. Linkedin.

  • Hazeem Mohamed, Project Manager, Hazeem has comprehensive experience in Project Management, Software QA Management, Pre-Sales & Technology Consulting and has led the team and supported the launch of many applications & products in the region in an agile environment domains such as Mobile, Enterprise Mobility, Telecom And IoT. He has a Bachelor Degree in Computer Systems Engineering from Coventry University UK, as well as a Diploma in Electronics & Telecom Engineering from Republic Polytechnic Singapore. Linkedin.

  • ​​Jasmine Song, Finance and Operations Executive, Jasmine has previously worked in various industries such as banking, IT, logistics and trading. Accounting reconciliation, audit and tax computation, business case writing and analysis are just one of the many skills she has as a Finance and Operations Executive. Being a self starter, Jasmine has run several successful initiatives over the years, and is constantly seeking to bring the same success by spearheading new initiatives at Zilliqa. Linkedin.

  • Ada Tan, Operations Executive, Ada is a double degree holder of Public Relations and Marketing from Murdoch University. She has experience in working in various sectors like insurance and food manufacturing and that experience has helped her be adept at coordinating with external and internal stakeholders. She looks forward to contribute to the team by bringing the procedural efficiency of the traditional industries to the team’s operations. Linkedin.

  • Ilya Sergey, Lead Language Designer, Dr Ilya Sergey does research in the area of programming languages, program analysis, and formal verification. Prior to joining academia, Ilya has spent a part of his career in industry, working in JetBrains Inc., a world-leading company in creating integrated development environments for software developers. His joint research efforts with the members of Zilliqa team have already resulted in the inception of Scilla, a programming language for mechanically verified smart contracts. Linkedin.

  • Sandip Bhoir, Core Developer, Have over 12 years of experience in software development across multiple domains like ATM domain, Retail banking and Investment banking. Has been involved in development of various distributed systems using C++ with the focus on the reliability, scalability and throughput. Linkedin.

  • Deli Gong, Infrastructure Lead, Deli is a practitioner in building distributed and network systems using trusted hardware, e.g., Intel SGX. He has extensive experience in programming high-performance, distributed and FPGA systems. Deli was working in research at the National University of Singapore, with the focus on system security, trusted hardware, and DDoS defense. Before that, he received his Bachelor’s Degree in Computer Science and also the excellent student award from Zhejiang University, China. He was a recipient of the first-class award in ASC Student Supercomputer Challenge in 2015 and a first prize winner at the National Olympiad in Informatics in Provinces, China in 2011. Linkedin.

  • Haichuan Liu, Core Developer, Haichuan is a winner of Singapore Enterprise Scholarship and an AWS Certified Solution Architect, and currently finishing his master degree in Computer Control & Automation from Nanyang Technological University. In his last position, he was involved in an autonomous vehicle project, and in charged of the development of Mobility on Demand system from A to Z using C++, also led the grounding of DevOps. He is addicted to the realization of large distributed system, especially Blockchain. Besides, he has great interest in indie game development and AI technologies. Linkedin.

  • Antonio Nicolas Nunez, Core Developer, Antonio has bachelor degrees in Physics and Computer Engineering from Ateneo de Manila University, as well as a diploma in R&D Management from University of the Philippines Open University. He has over 10 years experience as a software engineer, deploying industry-grade solutions for multiple sectors. His programming interests include efficient C++ coding as well as build and test automation. Linkedin.

  • Kaustubh Shamshery, ​Core Developer, Kaustubh is a software developer working in area of computational intelligence and network security. He has priorly been involved in reviewing blockchain companies and also has been a part of international blockchain projects. His research interests include NLP, deep learning and blockchain scalability. Linkedin.

  • Jun Hao Tan, ​Core Developer, Jun Hao is a practitioner in various areas in the Computer Science domain including blockchain, web security, trusted computing and program analysis. He was also awarded the National Infocomm Scholarship and graduated from the National University of Singapore (NUS) with a bachelor degree in computing science with specialisation in information security. At NUS, he co-founded NUS Greyhats, a cybersecurity interest group, which has won numerous cybersecurity events. He also co-founded Edgis, a non-profit special interest group provides a platform where infosec enthusiasts can meet, exchange ideas with others and contribute to community. Linkedin.

  • Sheng Guang Xiao, Core Developer, Sheng Guang has over 9 years of experience in software development, with a focus on language parser, signal processing, image processing and multi-threaded software systems. During his former role at Keysight technologies, he developed language parsers for ICL and PDL and also developed automatic test generator for IEEE 1687 standard. Before joining Keysight, Shengguang worked in ASM Technology Pacific for 6 years where he developed new AOI (Automatic Optics Inspection) products that used high speed camera and advanced vision algorithm to find units with defects in IC manufacturing; the product is now used by more than 20 factories worldwide. Linkedin.

  • Clark Yang, Core Developer, ​​Clark has over 10 years of experience in software development, with a focus on cryptographic engineering and multi-threaded embedded systems. During his former role at MediaTek (a semiconductor company), he has built solutions for large-scale commercial software in cooperation with Google, Microsoft, and Amazon. Clark also has experience in Digital Rights Management (DRM) development on Trusted Execution Environment (TEE), with focus on ARMv7/ARMv8 OP-TEE platforms. He successfully enhanced the performance of cryptographic primitives (by X10) in video streaming via HLS/RTP/RTSP, adopting symmetric/asymmetric cryptographic algorithms using OpenSSL 1.0.2g and Public Key Accelerators on DRM software. Linkedin.

  • Jacob Johannsen, Compiler Developer, Jacob specializes in programming language semantics and compiler implementation. As a software developer Jacob has worked in compiler design, quantum cryptography, pensions and life-insurance policy management, editorial software for the newspaper industry, and bespoke web applications. His non-professional interests include comedy, snooker, American football, film and theater, literature and poetry, avantgarde music, languages, board games, craft beer, fine dining, and chocolate. Linkedin.

  • Vaivaswatha Nagaraj, ​Compiler Developer, Vaivaswatha is a compiler developer with experience working on multiple production compilers, with the latest being LLVM. His focus is on data flow analysis and machine independent optimizations, with a special interest in optimizing loop nests. His interests, outside of technology include Indian classical music and trekking the Himalayas. Linkedin.

  • Anton Trunov, Research Engineer, Anton's interests lie in the field of formal methods, program verification, interactive theorem proving, dependent types and functional programming. He loves proving theorems using computers! As a software developer he has worked on embedded systems for coal mines safety equipment, programmed supercomputers to simulate high current beams of charged particles and worked on the formalization of a fine-grained concurrent separation logic. Linkedin.

  • Ian Tan, Full Stack Developer, Ian is a full stack engineer with a keen interest in developer tooling and smart contracts. With a background in law, he is particularly fascinated by the immense potential of smart contracts and blockchain technology in the realms of trade finance and international commerce. Linkedin.

  • Edison Lim, Application Lead, Edison is a software engineer who specialises in data science, cyber-forensics and application development. Edison believes that blockchain is an internet of value, and is interested to explore various use-cases of blockchain and accelerate the world’s transition to decentralisation.

  • Noel Yoo, Blockchain Application Developer, Neuti is a software engineer specializing in web development and blockchain application development. His focus is on building applications safe and scalable with quality codes and high standards. He is an open source enthusiast. He has a BSE in Computer Science and Engineering from Yonsei University. Linkedin.

  • Xinshu Dong, Board Member, Xinshu is a scientist and practitioner in building secure systems, ranging from blockchains to web browsers and applications. He was a technical lead for several national cybersecurity projects. The outcome of his research has been published at top international conferences. More recently, he led the research and development of Anquan’s proprietary scalable and secure blockchain, deployed for financial and ecommerce applications. He is currently leading the Zilliqa team for developing a new public blockchain Zilliqa for high-throughput applications. Linkedin.

  • ​Prateek Saxena, Advisor and Board Member, Prateek Saxena is a research professor in computer science at National University of Singapore, and has a PhD in Computer Science from UC Berkeley. He works on blockchains and computer security. His research has influenced the design of browser platforms, web standards and app stores widely used today. He has received several premier awards such as the Top 10 Innovators under 35 (MIT TR35 Asia) in 2017. Linkedin.

  • ​Juzar Motiwalla, Advisor and Board Member, Juzar Motiwalla has investment and board-level experience with global technology startups. He was a venture capitalist responsible for investments in Asia and Silicon Valley. M&A exits with leading US and Japanese companies were secured for companies he was involved with. Prior to his venture capital journey he was the CEO of a 350-person computer science research lab in Singapore. Linkedin.

  • Max Kantelia, Advisor and Board Member, Max is a financial services entrepreneur with 25 years’ experience of building professional services and technology firms in Europe, the US and Asia. He is a Co-Founder of Anquan Capital in Singapore and is on the board of Aeriandi (Oxford) and untapt (New York), both fast growth deep technology companies in the areas of voice technology and artificial intelligence. Max is an engineering graduate and started his career at GEC Marconi designing airborne radar systems. He was selected by EY as one of Asia’s Top 100 FinTech contributors in 2016 and is a part of the London Mayor’s Internationalisation programme. Linkedin.

  • Aquinas Hobor, Advisor and Board Member, Aquinas Hobor was born near Chicago, IL. He got his undergraduate degrees from the University of Chicago and his PhD in computer science from Princeton University in 2008. He does research in computer theory, including semantics, verification, machine-checked proof, logic, complexity, and algorithms. From 2008-2011 he was a Lee Kuan Yew Postdoctoral Fellow in the School of Computing, National University of Singapore. Since 2013 he has been an assistant professor with a joint appointment between Yale-NUS College and the School of Computing. Linkedin.

  • Vincent Zhou, Advisor and Board Member, Vincent is founding partner of FBG Capital, with extensive experience in digital assets trading and investment. Vincent is also an early investor of a broad spectrum of blockchain companies and projects. He is considered as one of the most well-connected and visionary crypto hedge fund managers in Asia. Linkedin.

  • Alexander Lipton, Advisor and Board Member, ​​Alexander Lipton is Founder and CEO of StrongHold Labs, Partner at Numeraire Financial, Co-Founder and Advisor of Distilled Analytics, Connection Science Fellow at MIT Media Lab and Visiting Professor of Financial Engineering at EPFL. He is an Advisory Board Member at UCL Centre for Blockchain Technologies, Clearmatics and Numerix. His prior experience includes Managing Director at Bank of America Merrill Lynch, leading the quant group. Earlier, he also worked for Citadel Investment Group in Chicago, Credit Suisse, Deutsche Bank and Bankers Trust. Linkedin.

  • Evan Cheng, Advisor, ​Evan is an engineering director at Facebook, where he oversees development of programming languages, runtimes, and compilers. He received the 2012 ACM Software System Award for his work on LLVM at Apple. Linkedin.

  • Loi Luu, Advisor, Loi is a researcher working on cryptocurrencies, smart contract security and distributed consensus algorithms. He is also a regular invited speaker at Bitcoin and Ethereum workshops such as DevCon2, EDCON. Loi believes in the force of the Ethereum and Blockchain technologies and much of his work revolves around this community. He developed Oyente, the first open-source security analyzer for Ethereum smart contracts. Loi also cofounded SmartPool, another open source project which embraces decentralization of mining pools in existing cryptocurrency. He continues to champion decentralisation and trustless properties of the Blockchain with KyberNetwork, taking inspiration and developing value for the community. Linkedin.

  • Stuart Prior, Advisor, Stuart Prior is a Fintech veteran with 20+ in Corporate and Investment Banking. Stuart specializes in leading corporate banking initiatives for the adoption of blockchain technology and Crypto Finance. Throughout his career he has focused on the development of banking technology applications including Ultra High Frequency / Low Latency trading and the development of large scale data management platforms. Over the years he has worked with many of the largest banks in the world, including Credit Suisse and Deutsche Bank, and will bring his expertise to help guide Zilliqa’s development and practical applications. ​Linkedin.

  • Christel Quek, Advisor, Christel is a technology executive who has built brands and digital businesses since the advent of the digital economy. She is a Co-Founder of BOLT, a live TV & gaming service (Kenya, Southeast Asia, and Latin America), and the Founder of pin8cle, a strategic consultancy to turn start-ups to rev-ups. Previously, Christel founded Brandwatch's first office in Asia-Pacific (digital intelligence product), was the Head of Content at Twitter across their International Markets, and led Social Business for Samsung Asia. Christel was selected by The Guardian as one of the top global digital strategists, Campaign Asia-Pacific as a Woman to Watch, and Business Insider as one of the 30 best executives to follow on Twitter. More recently, Christel delivered the commencement speech at the National University of Singapore, and has contributed articles to Harvard Business Review and Huffington Post. ​Linkedin.

Partnership Overview

  • Mindshare - Programmatic advertising suffers from ad frauds and too many intermediaries that reduce the value that the advertisers get for their money. Mindshare is using Zilliqa’s blockchain to tackle these issues.

  • Asteria - Asteria Corporation is listed on the Tokyo Stock Exchange under the ticker symbol 3853. It engages in the development of software, such as data integration middleware that supports automation of operations through non-programming technologies.

  • DMM.com - DMM.com is a Japan-based Internet conglomerate with a diversified group of businesses that includes online shopping and video on demand service. The company manages DMM.com, an online entertainment site and its subsidiary DMM.com Securities is the world’s second largest forex company in terms of trading volume. 

  • LayerX - LayerX is a joint-venture between Gunosy Inc (Listed on Tokyo Stock Exchange 6047) and AnyPay Inc. The firm is focused on blockchain technology and providing services in the field of smart contract development/consulting, smart contract auditing and other development/consulting activities related to blockchain projects.

  • Hg Exchange - Zilliqa and MaiCoin have teamed up to create this security token exchange in Singapore that will apply blockchain technology to the trading of traditional asset classes.

  • Bluzelle - The high-security decentralized database that scales with your users.

  • Genaro Network - The first smart data ecosystem with a Dual-Strata Architecture, integrating a public blockchain with decentralized storage.

  • Impetus One - Using behavioural economics to incentivize its users to complete fun missions.

  • BOLT - Breaking the payment barrier to give users in emerging markets access to information and entertainment.

  • Emont Frenzy - An epic underwater battle game from the makers of the Etheremon.

  • Transactrain - A multi-industry full stack blockchain-powered supply chain management platform with integrated instantaneous multi-currency payment facilities.

  • FBG Capital - FBG Capital is a digital asset management firm in blockchain-based capital market.

  • Polychain Capital - The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using software. Polychain is an investment firm committed to exceptional returns for investors through actively managed portfolios of these blockchain assets.

  • Danhua Capital - Danhua Capital is a venture capital fund that invests primarily in early stage and growth stage companies with disruptive technologies or innovative business models, big market opportunities and strong management team. Our fund focuses on innovations in high-tech space, including mobile Internet, big data, cloud computing, wearable computing, artificial intelligence, robotics, virtual reality, smart devices, gaming and entertainment, medical devices and other disruptive technologies. We invest in companies from early stage to growth stage, and we occasionally participate in later rounds of financing for extraordinary companies. We have a professional investment team with exceptional academic, industry and investment background. Our founding partners have been working together for over 10 years. They bring together a unique combination of solid experience in investment and entrepreneurship, extensive networks in both Silicon Valley and China, and in-depth knowledge in cutting-edge technologies rooted from their research achievements. Backed by enormous support from top-notch institutional investors, we aim to provide startup companies with a wide range of resources from both domestic and overseas markets that will unleash their potential for greater success on a global scale.

  • Global Brain - Global Brain is committed to providing startups with the support they need to scale the business and go global. We look forward to working with you to grow your business, and together bringing a positive impact to the economy.

  • NGC - Founded in December 2017, NGC strives to become one of the best investment platforms in the blockchain industry by professionally adopting best practices from traditional investments; selectively partnering with leading investment professionals and technical developers in the world; while strategically leveraging and amplifying portfolios' ecosystems to create lasting competitive advantages. NGC is one of the largest institutional investor of blockchain technologies and has been a key contributor to a number of leading projects including Zilliqa, Ontology, NKN, Oasis, Mainframe, Certik, Bluzelle, and Iotex.

  • Signum Capital - We are a Singapore-based firm that exclusively consults in Blockchain-enabled companies. Our mission is to realize the future of Blockchain economy by consulting in game changing projects and companies. We participate in Pre-sale stages of Token Generation Events and Equity investments.

  • HyperChain Capital - One of the first in the world, HyperChain is a digital assets management company focused on Blockchain based projects and decentralized protocols. Blockchain assets or digital assets are one of the main pillars of the new economy, emerging as a new digital asset class where people get rewards at the protocol level. If TCP/IP or HTTP protocols were tokenized as digital assets in their early development, it would have unleashed billions of dollars in value for their users and investors. HyperChain's philosophy is to do good, as an early participant and consultant to Blockchain protocol projects and organizations that support innovative technologies. We value our partners and work hard every day to make sure that every team working with us succeeds and does good.

  • One Block Capital - One Block Capital is a leading blockchain investment & advisory group based in Asia. One Block firmly believes in the transformational nature of the blockchain in (i) bringing about a transparent & more effective financial system; and (ii) pushing forward a decentralized, trustless, and more equitable Internet.

  • Node Capital - Node Capital is a venture capital company focusing on blockchain industry. It is also one of the world’s earliest professional investment institutions of blockchain industry layouts. Node Capital aims to connection every node of blockchain industry by project investment and cooperation, thus building industry ecosystem, and promote healthy and stable development of blockchain industry. So far, Node Capital has invested many projects of blockchain industry, such as news information, digital asset transactions, storage, technology development and application. Including enterprises such as Huobi, Coldlar, Bocheninc, fengwo, Jinse Finance , Lianshang Technology, Yulian, Qukuai Leida.

  • Talenta - The first and leading blockchain consulting firm in Asia. Being the only in-house end-to-end service provider in the region, Talenta was featured on the news website of the Economic & Commercial Counsellor’s Office.

  • Continue Capital - Founded in 2016, Continue Capital focuses on investing in global blockchain technology, early-stage technology startup and providing Quant-Trading service. We are built to incubate and partner with those ambitious enterprises that promote technological innovation and advance business model revolution.

  • Metachain Capital - aving been part of the blockchain space for more than 3.5 years, we have seen enthusiastic booms, depressing busts, sneaky scams, crafty hacks, and in the midst of all this, some of the most fascinating experiments in decentralization, done at the frontier of technology, economics and politics. 
Gradually we have gained invaluable insights into project planning, technical evaluation, team building, decentralized collaboration, execution, strategic deals, evaluation and creation of ICOs, and perhaps most important, what it takes to successfully bootstrap a project from an idea to a global scale. Building on this, we've created Metachain Capital, a digital asset investment fund focused on supporting some of the most ambitious teams and ingenious technologies in the blockchain space.

Social Media Links

Twitter Updates

  • Zilliqa's blog just got a major makeover. Here's presenting our first-ever monthly newsletter - the November 2019… https://t.co/YxBzHUaNBo
  • Our Head of Growth & Strategy @BokKenneth will be talking about @zilliqa's 2020 growth plans at @CRYPTO101Pod's Cry… https://t.co/Qt36ExhMs1
  • Our Developer Marketing Lead @SaibaKataruka had a great talk with @moneyfm893 on entrepreneurship, diversity within… https://t.co/gNCFihTpcS
  • @ConquerorCrypto @ZilliqaFan @BlockchainNewsM @SaibaKataruka Try https://t.co/KGtvzKAVdZ
  • Proud to support's @hummingbot_io's new liquidity mining campaign launch together with other leading projects! Lea… https://t.co/L95R23KbgZ
  • In a 2-part interview series with @BlockchainNewsM, @SaibaKataruka discusses Zilliqa’s technological roadmap… https://t.co/EiPHc1Q2FW
  • We would like to congratulate our President and Chief Scientific Officer @maqstik for his birthday! It has been a b… https://t.co/FXKg56h2K0
  • @XanpoolOfficial @DappPocket @CryptoApis @teexio @chain_security @Hydrax_io @AtomicWallet @Equal_Network… https://t.co/eVQZDSEGaJ
  • On this note, join us in welcoming our fifth wave of talented grantees into the newly rebranded #ZILHive Grants pro… https://t.co/KltaSJKY3F
  • UPDATE! Zilliqa is consolidating all its education, incubator & grants initiatives under a common umbrella called… https://t.co/WmghwJpCbC