30 December 2020 — This year has been greatly hit by the coronavirus pandemic. As 2020 comes to a close, let’s look back at our milestones this year, emphasizing blockchain adoption, system optimization and ecosystem development. V Systems believes 2021 will be another momentous year.

In July, we unveiled the newest iteration of the V Systems blockchain, VSYS 2. The upgrade has greatly expanded the functionality of the V Systems blockchain through supporting the Fermat Smart Contract functions including lock contract, NFT contract and payment channels.

Introduced in November 2019, Staking 2.0 has distributed around 50% of the dedicated IPX…


Engineering Updates

Mainnet Development

We have completed the mainnet update and core smart contracts development for our next release, final touches are in smooth progress. Unitest of V Swap Contract, V Option Contract, V Stable Swap Contract has been completed; network testings of V escrow contract, Token V2, and NFT V2 are near completion. Our current focus is still on the user interface component. We hope to provide a user experience that is both faster and clearer than on other platforms, and be the finest user interface DeFi has yet seen.

Utility Development

On the application development side, we have…


On 26 August 2021, V Systems CEO Alex Yang was invited by Hong Kong Crypto Assets Federation (CAF), a crypto community aims to educate and promote industry practice on Crypto-Assets, to speak about the use cases of Blockchain application in Hong Kong for artists, collectors and the gold industry.

Alex’s talk reviewed the many advantages of blockchain, especially V System’s blockchain and DeFi technology, as well as some of the challenges that remain before they can be commercially viable and competitive. …


Decentralized exchanges will replace centralized exchanges. To further decentralize cryptocurrency trading, a cross-chain solution is needed to make it possible to exchange coins between different blockchains without any intermediate tokens or third parties.

V Atomic Swap

V Atomic Swap allows for cross-chain communication between different cryptocurrencies such as Bitcoin and Ether in non-custodial wallet without the need to trust third-party providers, and without any pegged tokens.

By using the properties of a hash function which is deterministic (the same input gives the same output) and cannot be reversed (the input cannot be determined from the output), users can trade directly…


Engineering Updates

Mainnet Development

We have completed the mainnet update and core smart contracts development for our next release, final touches are in smooth progress. Unitest of V Swap Contract, V Option Contract, V Stable Swap Contract has been completed; network testings of V escrow contract, Token V2, and NFT V2 are near completion. Our current focus is still on the user interface component. We hope to provide a user experience that is both faster and clearer than on other platforms, and be the finest user interface DeFi has yet seen.

Utility Development

On the application development side, we have…


Derivatives are synthetic financial instruments whose value is based on a function of an underlying asset or group of assets. A derivative could be based on the value of a stock, commodity, digital asset, at the present time or in the future. Options are one of the most popular derivative instruments in the world, according to Stastista, 21.22 billion option contracts were traded worldwide in 2020, up from 9.42 billion in 2013.

In traditional finance, option traders rely on various intermediaries to accept orders to buy or sell contracts. Traders submit their orders to their respective clearing member firms, which…


Series of the Sneak Peek of Up-coming VSYS 3 Projects #1

Bridging the physical and digital world has always been our passion, we are helping our clients to transform innovative ideas into real-life projects while bridging the physical and digital world.. We have the knowledge base and technical capabilities to tailor designs fit for any community and real-world project who wants to bring their innovations into the digital world.

Using V Systems blockchain and smart contract technology, we took our partners’ ideas and projected them into reality.

The Monozyg

Monozyg — Create digital twins

NFTs have sent the art world into a…


Progress in Featured Projects

In V Systems, we aim to build a well-thought-out DeFi platform that empowers active and experienced industry practitioners, creators, and investors in the digital world. We design tools which allow them to easily tackle opportunities made by the markets.

In the past month, we have made good progress on our featured projects including asset-backed tokens and NFTs — all embedded with new innovations offered by V Systems. …


In conventional markets exchanges connect buyer and seller directly; this is usually done by an auction based market. In an auction based market, buyers enter competitive bids and sellers submit competitive offers, an “order book based” exchange keeps track of all bids and offers in an orderbook, and tries to match two orders if possible.

The order book helps keep track of the level of interest for a tradable instrument and shows the market depth, and helps traders become more informed about the trades they make by allowing them to analyze current buy and sell activity, and thus increase their…


Our Philosophy

Before diving into the first smart contract of our up-coming Reimann release, we would like to discuss our development philosophy.

At V Systems, we seek to disintermediate finance by innovating at the intersection of blockchain, digital assets, and financial services. We seek to support DeFi-focused ecosystems, developers and users with higher throughput and lower fees at the base layer, without compromising decentralization or security. Our Reimann DeFi contracts aim to enable the delivery of our ecosystem partners’ applications faster and cheaper, with minimal hand-coding to speed up the process of getting an application to production.

The development of our V…

V Systems

A blockchain platform that supports the efficient and agile development of decentralized applications. Visit our website at www.v.systems

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