ByteTrade Lab has reached a long-term cooperation with the DeFi Research Program at the University of California, Berkeley

Original Title: ByteTrade Lab and UC Berkeley Partner on Web 3.0 Original Author: ByteTrade Lab Compiled by: Qianwen, ChainCatcher

Decentralized, user-owned infrastructure provider ByteTrade Lab announced a long-term industry partnership with the DeFi research program at UC Berkeley on April 25, 2023, to jointly develop advanced decentralized computing and identification technologies.

This partnership combines ByteTrade's commercial advantages with UC Berkeley's academic resources, aiming to accelerate the development of Web3 technology and transform the way users interact with the internet and financial services.

Dr. Lucas Lu, CEO of ByteTrade Lab, stated, "We are excited to collaborate with the faculty and outstanding students at Berkeley to build Web3 infrastructure. We will work together to power projects such as decentralized ID and decentralized privacy using ByteTrade's proprietary operating system technology."

Dr. Allen Y. Yang, founding executive director of the Berkeley FHL Vive Center and DeFi research program, remarked, "The exponential growth of new technologies like Web3 presents innovative opportunities for academia while closely tracking the most significant challenges faced by the industry. We are thrilled to bring this partnership with ByteTrade to Berkeley, continuing the tradition of technological innovation. I believe the new Web3 computing infrastructure will be applied to many suitable research projects, sufficiently demonstrating the importance of these infrastructures in the future and the significance of data privacy."

Founded in 2018, ByteTrade aims to empower users to reclaim their data. To this end, ByteTrade plans to launch a Web3 operating system in 2023 that leverages a decentralized edge computing architecture to address bottlenecks in consumer data storage, data privacy, and data sharing, enabling end users to have full control over their personal data.

The DeFi research program at UC Berkeley was established in 2021 to promote research and educational programs at the intersection of artificial intelligence, the metaverse, and decentralized technologies (such as public chains and smart contracts). We believe that decentralized technology will lay the foundation for connecting key human elements and future metaverse applications.

About ByteTrade Lab

ByteTrade Lab is dedicated to innovative infrastructure, enabling developers and users to achieve decentralization at the application and protocol layers, ushering in a new internet paradigm and realizing the complete value proposition of Web 3.0.

ByteTrade's novel Web3.0 operating system, Terminus OS, runs on a decentralized personal server network protected by individual private keys, enabling a new decentralized internet that allows users to control their own data and services.

The company is supported by leading institutional investors, including Hina Group, INCE Capital, BAI Capital, Sky9 Capital, BlueRun, and PCG, with a Series A funding amount of $50 million.

For more information about ByteTrade Lab's vision and future path, please visit www.bytetradelab.io and follow @BytetradeLab on Twitter.

About UC Berkeley's DeFi Research Program

The focus on connecting individuals and enterprises in a fully decentralized, zero-trust manner has spurred the development of numerous new solutions in the blockchain and DeFi space. The Berkeley DeFi research program aims to leverage expertise to support the long-term development of blockchain and DeFi technologies and applications, providing aspiring students with new educational and degree programs while promoting interdisciplinary research to address pressing technological bottlenecks and offering a collaborative platform for academic and industry partners. Together, we will build our society in a more immersive, connected, and equitable digital world.

For more information about the Berkeley DeFi research program, please visit DeFi.berkeley.edu.