10 Years to Forge the Sword, 100 Years to Temper the Steel

Interview with the VP of Technology from aelf

Rong Peng, VP of Technology from aelf, has a decade of experience in Internet development and management. He was a Technical Director at ABC Fintech where he was an expert in data mining and data visualization. Rong Peng also worked on a platform-based Blockchain for Tongxinclub in China. He is a former R&D Director (server-side) for Dolphin Browser.

Destiny is like a sickle, cutting paths for everyone’s future, and it allows no one to derail. Rong Peng’s career experience has given him a profound understanding towards blockchain from different technical perspectives.

He joined Dolphin-Browser, one of the most popular mobile browsers on smartphones in 2011. At the time, he was a Systems Director responsible for important projects such as Dophin Sonar (speech recognition), big data platform (similar to Umeng), news recommendation system and some innovative projects.

In 2016, Rong Peng co-founded ABC. He was part of the core management (initial shareholder) and serve as the Technical Director. At that time, the development track was defined as finance (AI+Blockchain+Cloud). The first breakthrough point was blockchain. The product was called Tongxinclub, a blockchain-based mutual assistance platform, which was designed to solve the current problems in mutual assistance, such as opacity and low efficiency. The advantages of applying blockchain are: information is made public, efficient democratic decision-making, error-free contract execution and the system will never crash. The second breakthrough point was AI+Cloud. The products were modeling.ai analyst.ai, and Eversight, which were designed to use technologies like in-depth learning and image processing to change inefficient ways of obtaining and processing information in the traditional finance field.

Rong Peng has been actively involved in the fields of software architecture, system optimization, blockchain, data aggregation, data mining and data visualization. Since joining Dolphin, he has been actively engaged in research and development as well as management (including product management), therefore accumulating a lot of experience in his management of product and research.

Coincide with the Founding Team
Since being exposed to the concept of blockchain, Rong Peng believes that blockchain is different from traditional technology. It embodies the ecology and equilibrium. It is a model that can make the productivity and the production relationship perfect, which is valuable to improve the existing organizational and social problems. Based on the potential of future development in blockchain, at the end of 2017, he decided to devote himself to the blockchain business.

In terms of platform selection, there are well-known companies with high prestige and industry status in the Centralized Internet world such as Ali, Baidu, Tencent, etc., and there are more forward-looking and dynamic entrepreneurial teams which have been in the blockchain industry for many years. In contrast, most of the traditional internet companies’ ideas for the development and application of blockchain technology, at present, remain at the research level, and it is difficult to obtain full support from all departments as Blockchain still remains as a side project. For Rong Peng, it is undoubtedly a better choice to join an entrepreneurial team which focused on the development and application of blockchain technology.

“My original intention has always been to work in a team that is solid, hardworking, and focused on doing practical things. In addition, I have been involved in the entrepreneurial team for many years, which lay solid foundation for having strong tenacity, strong execution and management experience. This enables me to use my strength to help the team grow and create a win-win situation for both the team and myself.”

In the white paper of aelf, aelf is compared to Linux in blockchain. aelf is a decentralized cloud computing platform, in which nodes are divided according to types. Specialized billing nodes (all nodes) can run on server clusters to improve the performance of the entire blockchain network; “main chain + multi-sidechain” structure can effectively achieve resource segregation, namely “One Chain to One Scenario” ; the establishment of a proxy voting system for token holders guarantees efficient network governance and healthy development. Break the “impossible triangle” and make the blockchain truly commercial.

The goal of aelf is to create a customizable OS for business applications, so that more companies can use the blockchain technology, and meanwhile implement cross-chain communication on the aelf public chain, enabling the sharing of information and assets on the chain.

Rong Peng learned from an in-depth discussion with the founder of aelf, Ma Haobo, that Ma Haobo has been working in the blockchain field for a long time and has successful experiences in developing blockchain related products. Besides, Ma Haobo has his unique insights in the blockchain business, making Rong Peng believes that such a team and such a like-minded partner is very valuable.

“aelf is a project worth looking forward to and willing to fight for. I will use my accumulated experience in technology development over the years to contribute to the globalization of aelf.”

Away from Impetuosity, Make Actual Products
Rong Peng believes that blockchain will have a great impact on the entire society in the future, which is evident. However, there is a need for breakthroughs and landscape. The landscape is heavily depended on the capabilities provided by the blockchain platform. Currently, it is the breakthrough period.

With the public’s growing understanding, more attention will be on the technological solutions rather than the currency itself. It will also be more rational, and the situation of impetuous currency will speed up this process. It will inevitably require supervision to participate in a certain degree to achieve a balanced state, and the role of supervision for future healthy development is indispensable.

The prize for life is at the end of the journey, not near the starting point. The blockchain industry is still in its infancy, and it will depend on the practitioners of the entire industry to push forward into the future. To find the perfect balance in the rapid development of the industry, to make technology and product design better, and to make blockchain applications practical, can be considered to aid the development of the industry.

In fact, Rong Peng is more like a epitome of the entire aelf team. They are deeply ploughed in the blockchain business and devoted to the research, development, and application of blockchain technology. aelf is committed and they are fueled with entrepreneurial idealism and belief. They will lead the way for the industry and let visions be reality.


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