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= Cypherium = Cypherium is a New York based third-generation blockchain startup and smart contract platform, that focuses on enterprise blockchain. In 2017, Sky Guo (CEO) founded Cypherium with the aim of repairing existing shortcomings in blockchain technology, which prevent widespread adoption by organizations and industries.

The company, that has established partnerships with all the tech giants - Google, Microsoft , Amazon  and IBM  , has developed the world's first cross-chain interoperability solution and has developed a solution to facilitate interoperability between Central Bank Digital Currencies (CBDCs).

Overview
Cypherium has branded itself as an enterprise blockchain intrastructure platform. Cypherium is a highly scalable and robust smart contract platform, their hybrid design features an improved Practical Byzantine Fault Tolerance (PBFT) consensus mechanism that can achieve thousands of transactions per second. Cypherium uses a combination of proof-of-work and HotStuff consensus algorithms (also used by Facebook’s Libra project).

Cypherium Token (CPH) serves to allocate network resources to participants.Cypherium's Gas mechanism resemble to Ethereum's and charge a smart contracting fee, and each CPH represents one share of the total network resources.

Cypherium Virtual Machine (CVM) for smart contracts runs on Java (Dalvik architecture), the most widely-utilized and reliable programming language in the world .by using this type of lightweight architecture Cypherium virtual machine is enable to operate on mobile devices too.

CypherSwap a cross-chain compatible Decentralized Exchange (DEX) based on the Cypherium public chain.CypherSwap is expected to launch by the end of 2020.

Cypherium goals

 * 1) To enable enterprise use cases for all industries with smart contract platform.
 * 2) To create a secure vault to combat the increasing threats on data privacy.
 * 3) To connect isolated data islands around the world to a trusted database.
 * 4) To create an open network to enfranchise for everyone.
 * 5) To create an instant ledger to process transactions for billions of users in real-time.

History
Cypherium was founded in 2017 by former software developers at Google, Microsoft, Amazon and Tencent, whose expertise encompasses cryptography, virtualization, network security and artificial intelligence. The company raised 32$ million in capital via token (CPH) sale constitutes three rounds :

The first round was conducted in early 2018 (Institutional participants, notably Pantera Capital and Blockfolio, and the Founding Community) - 24$ million.

The second round was the Final Pre-sale that was opened in September 2020 - 4$ Million.

The final round was the Public sale in Q3 - 3.5$ Million.

Cypherium Mainnet Has Launched on October 31, 2020.

Major Events
In January 2018 Cypherium and IC3 declared on their partnership and their goal to develop new blockchain scaling solutions and to advance the integration of blockchain technology as a service.

In January 2019 Cypherium begun their Public test net and explore. on that test net launch Cypherium also presented the public release of the Cypherium Virtual Machine (CVM).

In May 2019 Cypherium, IBM and Amazon declared on their collaboration and in June 2019 the partnership with The Federal Reserve (the central bank of the U.S., that being in charge of the country’s monetary policy), has declared.

In August 2019, Google has announced on their partnership with Cypherium.

In February 2020 Randstad has begun testing a combination of the Cypherium blockchain and Google Cloud in their platform.

In April 2020 Cypherium joined Microsoft for Startups program to explore new use cases and becoming a part of the company’s blockchain as a service. In may 2020 OMFIF and Cypherium declared on their partnership.

In July 2020 Suzhou City Municipal has signed a MoU with Cypherium to advance the city's development of blockchain Infrastructure.

Cypherium Listed in August 2020 as a preferred startup at Société Générale’s Startup-Flow, the company will be invited to submit a proof of concept to introduce its innovative technologies to facilitate global CBDC interoperability.

On December 10, 2020 Cypherium participated in the "Future of Payments" panel that hosted by OMFIF, which was attended by PayPal, Master Card, S.W.I.F.T, Grab, Algrond, Citigroup and Novi.

Im 2021, Cypherium will participate in The FedNow Pilot Program that has formed by the Federal Reserve

Executive Team

 * Sky Guo (CEO): UN Blockchain Adviser, Caixin Media Columnist, Nasdaq Blockchain Analyst.


 * Dr. Solomon Zhang (CTO): Designed Cypherium’s high-level architecture and data structure, University of Science and Technology of China -( Ph.D), University of Massachusetts Amherst- Scholar.

Business Team

 * James Chang (CBDO): Cornell University ( B.S.).


 * Jake Orbison Blockchain Researcher: Yale University ( B.A.), University of Cambridge ( M.Phil.).


 * Hobai Gong Business development manager: Columbia University ( B.A.).

2017 - Present

 * Jeremy Gardner (Partner at AusumVentures): Director for the College Cryptocurrency Network, Founder at Augur.

2019 - Present

 * Javier Farfan (Principal, Strategic Adviser at J Wolf Advisors): Senior Marketer at Verizon, PepsiCo, and Microsoft; Former CMO at Cypherium.


 * Dr. Bryan Ford (Professor at Swiss Federal Institute of Technology in Lausanne (EPFL): Director at Decentralized / Distributed Systems (DEDIS) lab.

2020 - Present

 * Victor T. Samuel JD, MBA (CAMS Founder and CEO, NV Global Ventures):  Founder of NV Global Ventures, Brooklyn Law School (J.D), Baruch College ( MBA in Finance & Investments).