On November 20th, the 2018 IEEE International Conference on Data Mining came to a close at the Resorts World Sentosa Convention Center in Singapore. Top scholars from the global field of artificial intelligence and blockchain gathered to express the latest technology and results on data mining and artificial intelligence.
The full name of IEEE ICDM is IEEE International Conference on Data Mining, which has become the world’s premier data mining research conference, providing an international forum to showcase original research results, as well as exchange and disseminate innovative, practical development experiences. The conference covered everything in data mining, including algorithms, software and systems, and applications. ICDM has attracted a large number of researchers and application developers in data mining related fields such as statistics, machine learning, pattern recognition, database and data warehousing, data visualization, knowledge-based systems and high performance computing. The date mining has continuously come to a high level by promoting innovative, high-quality research and innovative solutions to challenging data mining problems. In addition to technical procedures, the conference also includes seminars, tutorials, and group discussions.
In the IEEE ICDM 2018 paper collection process, Ultiledger’s paper “A Scalable and Extensible Blockchain Architecture” stood out from thousands of papers worldwide and was selected. The main author of the paper, Ultiledger, Yole Yu was invited to attend the conference and gave a presentation in artificial intelligence + the blockchain.
Picture of the world’s scholars in artificial intelligence and blockchain, the second to the left of the front row is Yole Yu
At the meeting, Yole Yu analyzed the advantages of the blockchain and the existing pain points, and then proposed a multi-chain fragmentation architecture based on the status quo, and how to expand the multi-chain fragmentation and how the main chain witnesses the sub-chain transaction, Cross-chain trading through the value exchange layer. This architecture ultimately provides a new way for the new blockchain system to achieve high scalability and flexibility.
Yole Yu gave a speech at IEEE ICDM 2018
About Ultiledger
Ultilegder, the Next Generation Global Self-financing Blockchain Protocol, an open source protocol initiated by a number of IT technology geeks, gets a high-level consensus and co-governance from the communities. Ultiledger aims to build an economic and financial ecosystem based on token ULT to help any organization (contains government, business, industry clusters or individuals and communities) that needs to build trust at a low cost and rapid construction of a distributed financial book and account system of bank-grade security; zero-cost transaction settlement within the ecosystem; improved security, privacy, efficiency and capital availability of the system through the combination of the main chain and sub-chains. In the Ultiledger ecosystem, any tangible assets, data or intangible rights can be written on blockchain to become a string of code to achieve assets and data tokenization, and to use smart contracts and distributed storage for completing functions such as confirmation, notarization, trading, circulation, etc., and finally achieving “credit circulation, asset circulation, value circulation” in the algorithm world.