digital assets Archives - AiThority https://aithority.com/tag/digital-assets/ Artificial Intelligence | News | Insights | AiThority Tue, 09 Jan 2024 08:36:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 https://aithority.com/wp-content/uploads/2023/09/cropped-0-2951_aithority-logo-hd-png-download-removebg-preview-32x32.png digital assets Archives - AiThority https://aithority.com/tag/digital-assets/ 32 32 CODEX: Choose CODEX for a Cutting-Edge Future in the Ethereum Blockchain and Beyond! https://aithority.com/technology/codex-choose-codex-for-a-cutting-edge-future-in-the-ethereum-blockchain-and-beyond/ Tue, 09 Jan 2024 08:36:13 +0000 https://aithority.com/?p=556285 CODEX: Choose CODEX for a Cutting-Edge Future in the Ethereum Blockchain and Beyond!

In the ever-expanding world of cryptocurrencies, CODEX emerges as a game-changer, offering a suite of services that redefine how we engage with digital assets. Let’s delve into the groundbreaking utilities this project introduces, opening new doors to simplicity, privacy, and accessibility. Recommended AI News: Riding on the Generative AI Hype, CDP Needs a New Definition in […]

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CODEX: Choose CODEX for a Cutting-Edge Future in the Ethereum Blockchain and Beyond!

In the ever-expanding world of cryptocurrencies, CODEX emerges as a game-changer, offering a suite of services that redefine how we engage with digital assets. Let’s delve into the groundbreaking utilities this project introduces, opening new doors to simplicity, privacy, and accessibility.

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The Utilities:

Codex Marketing (BOT):

The CODEX Marketing Bot stands as a groundbreaking tool set to revolutionize how blockchain projects and crypto-enterprises position themselves within the digital marketplace. Specializing in the provision of services such as dApps, trend analysis, voting, and the amplification of social media interactions, this bot is engineered to maximize the visibility and engagement of our clientele.

Through the Marketing Bot, CODEX delivers a comprehensive suite of automated marketing tools that work in synergy to augment a brand’s online presence. From securing votes that elevate a project’s rank to deploying targeted strategies that spur conversation and interaction across major social media platforms, each service is crafted to organically integrate into the web’s dynamics, adhering to platform guidelines and maintaining user integrity.

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For blockchain startups, the CODEX Marketing Bot becomes an essential ally, capable of accelerating growth processes and laying the groundwork for a robust and engaged community. The intuitiveness of the interface and the efficacy of the algorithms ensure a seamless user experience and quantifiable outcomes, making CODEX’s services highly sought-after in an increasingly competitive market.

Swap: Revolutionizing Decentralized Trading

CODEX Swap is a decentralized trading architecture empowering seamless exchanges within the Ethereum landscape. This platform ensures a secure, non-custodial environment, tapping into deep liquidity pools fostered by our community.

Innovations in CODEX Swap:

Gas Fee Elimination: By utilizing meta-transactions, CODEX Swap eradicates upfront gas fees, promoting inclusivity for all traders.
Transaction Security: The platform guards against frontrunning risks, ensuring trade integrity and security.
Minimal Transaction Fee: A nominal 0.05% transaction fee fuels community projects and rewards liquidity contributors.

Using CODEX Swap:

Accessible through integrated browsers or web browsers.
Facilitates ERC20 token trading without worrying about additional ETH gas fees.
A step-by-step process guides users through token swaps, including managing ETH transactions seamlessly.

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[To share your insights with us, please write to sghosh@martechseries.com]

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Image Relay Announces Digital Proofing to Simply Marketers’ Digital Asset Workflows https://aithority.com/technology/image-relay-announces-digital-proofing-to-simply-marketers-digital-asset-workflows/ Wed, 27 Sep 2023 08:12:28 +0000 https://aithority.com/?p=539618 Image Relay Announces Digital Proofing to Simply Marketers' Digital Asset Workflows

Fully integrated with Image Relay’s Marketing Delivery platform, Digital Proofing centralizes all digital asset feedback and approvals—expediting creative project management Image Relay, delivering a single source of truth for all digital assets and product information, announced the launch of Digital Proofing. The new solution streamlines the collaboration, review, and approval cycles for brands’ creative assets. […]

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Image Relay Announces Digital Proofing to Simply Marketers' Digital Asset Workflows

Fully integrated with Image Relay’s Marketing Delivery platform, Digital Proofing centralizes all digital asset feedback and approvals—expediting creative project management

Image Relay, delivering a single source of truth for all digital assets and product information, announced the launch of Digital Proofing. The new solution streamlines the collaboration, review, and approval cycles for brands’ creative assets. Integrated into Image Relay’s Marketing Delivery platform, Digital Proofing empowers creative teams, marketing departments, and agencies of any size and creative focus to much more efficiently manage projects and deliver campaign results on accelerated timelines.

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“We’re excited about Digital Proofing—it offers our customers a visually collaborative environment with very streamlined processes for preparing and refining creative brand assets,” said Jeff Olsen, Director of Product, Image Relay. “With Digital Proofing, teams and brands’ external partners can communicate and collaborate like never before, sharing their exact thoughts and requirements alongside the assets themselves—and it’s all within the Marketing Delivery platform that will seamlessly deploy those completed assets to market. We’re looking forward to seeing how our customers leverage Digital Proofing to increase their digital asset workflow productivity (and reinvest that newfound bandwidth into new creative achievements).”

Teams still relying on manual review processes with long email chains or external platforms have productivity stifled by slow and poor communication, leading to campaign delays. With Digital Proofing integrated directly into Marketing Delivery and Image Relay’s Asset Library, creative asset management and proofing collaborations all happen in one place. Rather than trying to track versions and describe nuanced change requests across emails or written logs, Digital Proofing establishes a single source of truth and allows teams to provide detailed and visual feedback directly to assets—whether that’s an image, video, PDF, or other file type. Teams working with the same asset can easily add comments, visual cues, and timestamps, and tag other editors to call attention to feedback. Empowered by precise and contextual communication, this enhanced project visibility results in highly efficient collaboration across both internal teams and external partners.

“Upgrading from much more manual processes to Marketing Delivery’s modernized, streamlined digital asset management and product information management capabilities is driving our company to around $1M in cost savings and increased productivity,” said Caleb Brown, the Creative Director at Kinder’s Sauces and Seasonings, which makes BBQ sauces, marinades, and grilling spices. “The addition of Digital Proofing into Marketing Delivery will further improve how our teams ideate, perfect, and access creative brand assets. We’re excited about even more digital asset communication and workflow efficiency—enabling us to tell consistent and effective brand stories to the market and our brand partners.”

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Digital Proofing includes a powerful versioning feature that enables team members to effortlessly compare different asset versions and review rounds, and to leverage a clear audit trail of past notes and comments. Teams can easily track changes, compare alterations, and implement revisions—enhancing control over the creative process and facilitating more effective decision-making based on accurate and up-to-date information. The solution also eliminates delays and difficulties that would otherwise arise if a decision maker missed an email or wasn’t cc’ed on a message chain: Digital Proofing provides real-time notifications to keep all stakeholders in the loop and informed on project progress.

Image Relay is inspired by helping brands and organizations tell their stories. The Vermont-based software-as-a-service (SaaS) company offers a unified DAM and PIM solution called Marketing Delivery. Customers use Image Relay to efficiently store, access, and share their brand-approved, up-to-date product information and digital assets. The Marketing Delivery system is purpose-built to enable an omnichannel presence, reduce product-to-market time, and amplify revenue. Image Relay is a proud B Corp, SOC-2 compliant, and used by over 400 companies with 100,000 users throughout the world.

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 [To share your insights with us, please write to sghosh@martechseries.com] 

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Tetra Deploys Staking Functionality Through Strategic Partnership with Kiln https://aithority.com/technology/tetra-deploys-staking-functionality-through-strategic-partnership-with-kiln/ Thu, 10 Aug 2023 15:29:11 +0000 https://aithority.com/?p=536238 Tetra Deploys Staking Functionality Through Strategic Partnership with Kiln

Tetra Trust Company (Tetra), Canada’s only licensed custody solution for digital assets, is rolling out increased staking functionality through its strategic partnership with Kiln, a leading enterprise-grade staking platform. AiThority Interview Insights: How to Get Started with Prompt Engineering in Generative AI Projects “The solution Kiln brings to the table is quite impressive, not only does […]

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Tetra Deploys Staking Functionality Through Strategic Partnership with Kiln

Tetra Trust Company (Tetra), Canada’s only licensed custody solution for digital assets, is rolling out increased staking functionality through its strategic partnership with Kiln, a leading enterprise-grade staking platform.

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“The solution Kiln brings to the table is quite impressive, not only does Kiln meet our security and technical requirements, their all-encompassing capabilities make it a robust solution to offer our clients.”

Starting today, Tetra clients can stake their assets with Kiln on the main Proof-of-Stake (PoS) blockchains such as Ethereum, Solana, Polygon, Cardano and Tezos. This partnership will offer access to staking services by providing secure and efficient methods for institutional clients to actively participate in blockchain networks and earn rewards on their digital asset holdings.

The Tetra-Kiln Partnership

Kiln, known for its high standards of operational excellence, manages over $2 billion worth of staked assets, and has established itself as a leading enterprise-grade staking platform. Like Tetra, Kiln is SOC 2 Type II certified, making the two companies ideal partners to elevate the custodial landscape for digital assets in Canada.

“We are excited to offer our clients staking opportunities thanks to our collaboration with Kiln,” says Didier Lavallée, CEO at Tetra. “The solution Kiln brings to the table is quite impressive, not only does Kiln meet our security and technical requirements, their all-encompassing capabilities make it a robust solution to offer our clients.”

Laszlo Szabo, CEO at Kiln, stated, “We strive to enable institutions to access staking. Being our first enterprise-grade custodian partner in Canada, we’re thrilled to collaborate with Tetra, with whom we share common values.”

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Understanding the Staking Opportunity

In PoS blockchains, staking consists of locking native tokens to earn the right to help secure the chain via a validator. Validators review and approve blocks proposed by other validators, and bundle transactions together to propose new blocks when they are selected to do so. Through these activities, validators earn rewards for stakers who commit part of their assets.

Staking is considered to be the most natural way to earn rewards in the crypto space as the rewards stem from helping secure the chain. Rewards are paid out from the protocol’s inflation and a share of transaction fees.

By staking, token holders can earn rewards and grow their digital asset holdings. Staking plays a crucial role in network security, governance, and contributes to the growth of the Web3 ecosystem. This collaboration marks a significant milestone in both companies’ commitment to delivering the highest standards of security and service for institutional and corporate clients.

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 [To share your insights with us, please write to sghosh@martechseries.com] 

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Circle and Junior Achievement of Northern California Launch Digital Financial Literacy Curriculum https://aithority.com/technology/circle-and-junior-achievement-of-northern-california-launch-digital-financial-literacy-curriculum/ Sat, 05 Aug 2023 09:46:10 +0000 https://aithority.com/?p=535863 Circle and Junior Achievement of Northern California Launch Digital Financial Literacy Curriculum

Circle Internet Financial, a global fintech firm and issuer of USDC, and Junior Achievement (JA) of Northern California, a renowned non-profit organization dedicated to equipping young people with skills for economic success, announced  the launch of the Digital Financial Literacy Curriculum in the Bay Area. This program aims to empower and educate high school students […]

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Circle and Junior Achievement of Northern California Launch Digital Financial Literacy Curriculum

Circle Internet Financial, a global fintech firm and issuer of USDC, and Junior Achievement (JA) of Northern California, a renowned non-profit organization dedicated to equipping young people with skills for economic success, announced  the launch of the Digital Financial Literacy Curriculum in the Bay Area. This program aims to empower and educate high school students about internet-native financial services.

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Both Circle and JA of Northern California are committed to expanding the reach of financial education and preparing students to succeed in a global economy. With the help of JA of Northern California, Circle has developed the Digital Financial Literacy Curriculum, a two-part program divided into lessons on the history and evolution of money, bitcoin, blockchain, NFTs, and stablecoins. In an early pilot with JA of Northern California summer interns, the first course received a 4.1 out of 5 rating, with feedback that 92% of participants recommended the lesson as a valuable resource for high school students and young adults.

As part of the program, JA of Northern California is also managing the Circle Scholar award program. One of 20 $5,000 scholarships will be awarded to digital financial literacy students to attend a post-secondary school of their choice. Circle Scholars will be selected from candidates who complete the Digital Financial Literacy Curriculum between 2023 and 2025, apply for the scholarship, and exhibit the necessary skills to succeed in post-secondary education.

“A key part of realizing Circle’s mission is ensuring everyone understands how to participate in the growing digital economy,” said Mercina Tillemann-Perez, VP of Circle Impact at Circle. “Working with Junior Achievement to break down the complexities of decentralized technology and digital assets will prepare students with resources to participate in and build the next generation of financial services and create a more inclusive and equitable community surrounding this industry.”

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“The opportunity to partner with Circle to develop and deliver informative and relevant information about the Digital Financial Literacy Curriculum is appealing,” said Cristene Burr, President and CEO of Junior Achievement of Northern California. “We innovate and create cutting-edge curricula with our corporate partners that can scale constantly. What’s new is that we allow students to pursue their post-secondary education goals by competing for a Circle Scholar Award.

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[To share your insights with us, please write to sghosh@martechseries.com]

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Tokens.com Acquires Startup Slang Team and Its Ecommerce IP https://aithority.com/technology/tokens-com-acquires-startup-slang-team-and-its-ecommerce-ip/ Tue, 04 Jul 2023 15:35:21 +0000 https://aithority.com/?p=530103 Tokens.com Acquires Startup Slang Team and Its Ecommerce IP

Tokens.com Corp. a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that the team behind Startup Slang has joined its subsidiary, Metaverse Group. Metaverse Group will also have exclusive access to the “Shoppable” metaverse technology developed by Startup Slang that links in-game purchase transactions to Shopify Plus storefronts. […]

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Tokens.com Acquires Startup Slang Team and Its Ecommerce IP

Tokens.com Corp. a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that the team behind Startup Slang has joined its subsidiary, Metaverse Group. Metaverse Group will also have exclusive access to the “Shoppable” metaverse technology developed by Startup Slang that links in-game purchase transactions to Shopify Plus storefronts.

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“We know that three dimensional marketing is the way of the future, this is evident with all the money tech giants like Apple are spending in creating wearable headsets”

Startup Slang was the first to connect a mobile game to a Shopify Plus store. This technology is the first of its kind and can be seen in the popular interior home decor game called “Design Home”. Design Home is a mobile game that has been downloaded over 100 million times in the Apple and Android app stores. The game allows players to decorate interior design spaces with pieces that can be purchased directly from popular interior decor brands in the physical world. This new technology further bridges the gap between the physical and virtual world using middleware solutions and creates a seamless shopping experience.

This technology allows Metaverse Group to build customizable gamified experiences for brands looking to reach new audiences and sell their product in an immersive and seamless way. As leaders in web3 development, Metaverse Group’s services position brands to make an easy shift from two-dimensional to three-dimensional marketing.

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“We know that three dimensional marketing is the way of the future, this is evident with all the money tech giants like Apple are spending in creating wearable headsets,” said Andrew Kiguel, CEO of Tokens.com. “It has been challenging finding the right solutions to connect products in digital experiences to ecommerce but by acquiring the Startup Slang team and their IP, this gives Metaverse Group an added advantage to further enhance gamified shopping experiences.”

“By joining our Shoppable metaverse technology with Tokens.com and Metaverse Group, we plan to scale these types of deployments and allow brands to add an additional ecommerce source of revenue to their businesses through the metaverse. This will be a pivotal move towards the public’s mass adoption of the metaverse,” said Damiano Raveenthiran, founder and former CEO of Startup Slang.

 Latest AiThority Interview Insights : AiThority Interview with Abhay Parasnis, Founder and CEO at Typeface

 [To share your insights with us, please write to sghosh@martechseries.com] 

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NFT Tech Accelerates Monetization of Generative AI Initiatives Through Partnership with AI Product Incubator, GPT DAO https://aithority.com/machine-learning/nft-tech-accelerates-monetization-of-generative-ai-initiatives-through-partnership-with-ai-product-incubator-gpt-dao/ Tue, 13 Jun 2023 09:54:59 +0000 https://aithority.com/?p=525408 NFT Tech Accelerates Monetization of Generative AI Initiatives Through Partnership with AI Product Incubator, GPT DAO

NFT Technologies , a technology company pioneering the use of AI to create immersive, interactive experiences that bring a new level of utility to digital assets, is thrilled to announce its strategic partnership with GPT DAO, a prominent decentralized autonomous organization focused on community-driven governance and resource allocation for Generative Artificial Intelligence. Recommended: AiThority Interview with Pete […]

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NFT Tech Accelerates Monetization of Generative AI Initiatives Through Partnership with AI Product Incubator, GPT DAO

NFT Technologies , a technology company pioneering the use of AI to create immersive, interactive experiences that bring a new level of utility to digital assets, is thrilled to announce its strategic partnership with GPT DAO, a prominent decentralized autonomous organization focused on community-driven governance and resource allocation for Generative Artificial Intelligence.

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“One of the most common questions we hear about AI strategy is around protecting intellectual property while engaging with these new technologies. GPT DAO, is a dynamic organization leading the way in decentralized governance and intellectual property protection”

This collaboration aims to accelerate the way intellectual property is made accessible to emerging AI models, ensuring robust data protection and owner rights.

“One of the most common questions we hear about AI strategy is around protecting intellectual property while engaging with these new technologies. GPT DAO, is a dynamic organization leading the way in decentralized governance and intellectual property protection,” said Adam De Cata, CEO of NFT Tech. “Our collaboration embodies a significant stride in ensuring AI models can access the vast wealth of information available while ensuring data owners’ rights are uncompromised.”

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By leveraging new opportunities within NFT Tech’s partners and GPT DAOs community governance structure, NFT Tech and GPT DAO are jointly developing new venues for secure data sharing, fostering a mutually beneficial environment for AI models and data owners.

Generative Artificial intelligence models necessitate large volumes of data for continuous learning and improvement. However, a crucial challenge lies in balancing data accessibility and protection. This partnership addresses this issue head-on, ensuring the rights of data owners while empowering AI models with much-needed data accessibility.

“NFT Tech’s success in managing digital assets and IPs in the NFT and digital asset space combined with our commitment to decentralized resource allocation positions us to drive significant advancements in the generative AI field,” commented Dr. Michael Ran at GPT DAO.

This strategic partnership paves the way for Generative AI developers and researchers to gain access to high-quality data while ensuring data integrity and owner rights. The collaboration is expected to create new possibilities in the AI landscape, leading to more accurate, efficient, and ethical outcomes.

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[To share your insights with us, please write to sghosh@martechseries.com]

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MooniCoin Set to Redefine Meme Cryptocurrency Sector with Value and Impact https://aithority.com/technology/moonicoin-set-to-redefine-meme-cryptocurrency-sector-with-value-and-impact/ Tue, 30 May 2023 10:58:59 +0000 https://aithority.com/?p=521662 MooniCoin Set to Redefine Meme Cryptocurrency Sector with Value and Impact

MooniCoin is a community-driven meme token aiming to revolutionize the cryptocurrency sector with joy, laughter, and prosperity. Setting a course for revolution within the meme cryptocurrency space, MooniCoin has announced its pre-sale on PinkSale, promising to deliver a token of real value and impact. Boldly branding itself as the “Killer of $PEPE,” MooniCoin intends to […]

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MooniCoin Set to Redefine Meme Cryptocurrency Sector with Value and Impact

MooniCoin is a community-driven meme token aiming to revolutionize the cryptocurrency sector with joy, laughter, and prosperity.

Setting a course for revolution within the meme cryptocurrency space, MooniCoin has announced its pre-sale on PinkSale, promising to deliver a token of real value and impact. Boldly branding itself as the “Killer of $PEPE,” MooniCoin intends to stand out among meme tokens, shunning the triviality often associated with such digital assets.

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“MooniCoin is not just another meme token,” states the experienced team of developers, business owners, and early cryptocurrency adopters behind the project. “Our aim is to create a thriving community around a token that has substantial value, not just novelty appeal.”

The pre-sale, set to conclude on the 30th, is only the first step of the MooniCoin journey. Upon completion, the team plans to add liquidity, burn tokens, and initiate applications to various centralized exchanges (CEX) and Coin Market (CM). At a certain project threshold, the team has pledged to reveal all members behind this ambitious venture, fostering transparency and trust within the MooniCoin community.

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In addition, MooniCoin introduces an innovative feature to engage its community: a series of remakes of popular games. Once the pre-sale concludes, users can expect to play games like FlappyMoon, an inventive take on the viral FlappyBird game, while enjoying the benefits of their MooniCoin holdings.

The cosmic vision of MooniCoin extends beyond entertainment and financial value. With a deep-rooted commitment to making a difference in the world, the project’s charity focus aims to resonate with the wider Moonicorn community. Partnerships with various charity projects are part of the plans to utilize MooniCoin for good, reinforcing its identity as a movement, not just a token.

“MooniCoin is about more than crypto. It’s about unity, strength, and the impact we can have when we come together,” the team shares. “Join us in our mission to spread happiness throughout the Mooniverse and beyond, while we work towards becoming the #1 meme token with real value for the crypto community!”

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 [To share your insights with us, please write to sghosh@martechseries.com] 

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Nami Foundation Improves AML and CFT Compliance for Digital Asset Products With Chainalysis https://aithority.com/technology/nami-foundation-improves-aml-and-cft-compliance-for-digital-asset-products-with-chainalysis/ Mon, 29 May 2023 10:40:24 +0000 https://aithority.com/?p=521402 Nami Foundation improves AML and CFT compliance for digital asset products with Chainalysis

Nami Foundation, a pioneering organization in the field of digital assets and technology financial economics in Vietnam, emphasized its commitment to compliance through the use of Chainalysis’ blockchain data platform. As a result, Nami Foundation now has stronger transaction monitoring and investigation capabilities to detect money laundering and terrorist financing while protecting users from illicit activity […]

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Nami Foundation improves AML and CFT compliance for digital asset products with Chainalysis

Nami Foundation, a pioneering organization in the field of digital assets and technology financial economics in Vietnam, emphasized its commitment to compliance through the use of Chainalysis’ blockchain data platform. As a result, Nami Foundation now has stronger transaction monitoring and investigation capabilities to detect money laundering and terrorist financing while protecting users from illicit activity on its blockchain services, Nami Exchange and Nami Insurance.

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Blockchain technology is revolutionizing the financial industry, including through the emergence of digital assets – and this is especially the case in Vietnam. In the Chainalysis Global Cryptocurrency Index 2022, Vietnam topped the charts for the second year in a row, as a result of the nation’s extremely high purchasing power and population-adjusted adoption across centralized, DeFi, and P2P cryptocurrency tools. Research from 2020 reported that 21% of Vietnamese consumers use or own cryptocurrency, second only to Nigeria at 32%, and the adoption rate has likely only grown since then. However, the rise of new technologies also brings potential security risks which could impact end users. In fact, the Chainalysis Cryptocurrency Crime Report 2023 found that illicit transaction volume rose for the second consecutive year in 2022, hitting an all-time high of $20.1 billion.

To minimize potential risks, many blockchain organizations have conducted audits and invested in machine learning-driven blockchain analysis tools. Organizations have also collaborated closely with security units to monitor abnormal transaction activities and prevent abuse while alerting users when necessary. By taking these measures, blockchain organizations are proactively enhancing security and ensuring the safety of financial transactions, while ensuring compliance to the latest regulations.

“Security and compliance are the top priority for blockchain organizations when developing financial products,” said Nguyen Tuan Nam, COO of Nami Foundation. “We are excited to be working with Chainalysis, one of the leading blockchain data platforms trusted by the most reputable names in the field, to strengthen our compliance and hone our capabilities in monitoring and investigating transactions, while protecting users from illicit activity.”

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Through the use of Chainalysis’ data platform with Nami Foundation’s services in late 2022, Nami’s development team can monitor transaction data on its systems, receive risk alerts from Chainalysis and then deploy asset protection solutions where required. When there are high-risk transactions occurring on Nami Foundation’s services, the product development team will be enabled with Chainalysis’ blockchain analysis tools to suspend the transaction, investigate and verify before the assets are transferred to the receiving wallet. This helps to limit fraud cases where hackers take advantage of investors’ trust. Nami Foundation’s relationship with Chainalysis highlights the importance of collaboration among industry players in maintaining the integrity and trustworthiness of the blockchain ecosystem.

Joshua Foo, Regional Director ASEAN & Central Asia at Chainalysis: “Chainalysis’ mission is to build trust in blockchains, and we are honored to be driving this with Nami Foundation. Vietnam’s burgeoning blockchain ecosystem is one that we are committed to, and blockchain analysis backed by quality data is key to ensuring a safe, secure and compliant user experience for organizations in the industry. We are looking forward to continuing supporting Nami Foundation on its journey to build trust with customers and the wider ecosystem.”

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[To share your insights with us, please write to sghosh@martechseries.com]

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The Mina Foundation and etonec Announce Privacy Prototype to Address Existing Compliance Issues for Web3 Applications and Businesses https://aithority.com/technology/blockchain/the-mina-foundation-and-etonec-announce-privacy-prototype-to-address-existing-compliance-issues-for-web3-applications-and-businesses/ Fri, 26 May 2023 13:34:49 +0000 https://aithority.com/?p=521008 The Mina Foundation and etonec Announce Privacy Prototype to Address Existing Compliance Issues for Web3 Applications and Businesses

Etonec, a leader in developing solutions at the intersection of payments, blockchain and digital assets, in partnership with Mina Foundation, a public benefit corporation serving the Mina Protocol, today announced the completion of a functional prototype to help address existing gaps within the privacy and Web3 compliance space. The etonec team plans to build a state-of-the-art zero-knowledge […]

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The Mina Foundation and etonec Announce Privacy Prototype to Address Existing Compliance Issues for Web3 Applications and Businesses

Etonec, a leader in developing solutions at the intersection of payments, blockchain and digital assets, in partnership with Mina Foundation, a public benefit corporation serving the Mina Protocol, today announced the completion of a functional prototype to help address existing gaps within the privacy and Web3 compliance space. The etonec team plans to build a state-of-the-art zero-knowledge proof solution (zkp-ID) with Know Your Customer (KYC) and Anti-Money Laundering (AML) functionality within the Lumina DEX, an exchange built on Mina Protocol, to help satisfy regulatory needs without sacrificing user privacy or data.

This news comes as a follow-on to the Feasibility Study Mina and etonec published with The Interdisciplinary Centre for Security, Reliability and Trust of the University of Luxembourg and Hauck Aufhäuser Lampe entitled “How to design a compliant, privacy-preserving fiat stablecoin via zero knowledge proofs” at the end of last year.

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“Remaining compliant with KYC and AML rules while providing decentralized, private and trustless solutions for dApps is critical to the long-term sustainability of Web3,” said Jonathan Knoll, Co-Founder and Head of Strategy at etonec. “The prototype focused on leveraging zkApps to enable private and compliant transactions. Our team is hard at work in concert with Mina Foundation to integrate those learnings into the Lumina DEX. This work will further demonstrate DEXs’ and other dApps’ commitment to traditional KYC and AML guidelines while also adhering to the data privacy needs of Web3 users.”

Mina Foundation awarded a grant to etonec to help build the zkp-ID solution. The etonec team has already completed the initial stages of the solution development, which is expected to go live by the end of this year. The solution will be universally available for other Web3 DeFi applications and businesses at launch. It is envisioned that zkp-ID will help many Web3 use cases that will need to combine privacy that end users and businesses demand with oversight and compliance that regulators require.

“Mina Foundation’s focus has been and always will be to enable developers to build zkApps. The zkp-ID solution will ensure builders can do so in a way that helps satisfy concerns of KYC and AML regulators around the globe without requiring users to share sensitive personal identifying information. This new prototype shows how dApps can effectively close the gap in Web3 compliance and privacy,” said Kurt Hemecker, Chief Operating Officer at Mina Foundation.

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Bitkub Coin (KUB): A Thailand Blockchain Infrastructure With its Own Ecosystem https://aithority.com/technology/blockchain/bitkub-coin-kub-a-thailand-blockchain-infrastructure-with-its-own-ecosystem/ Fri, 14 Apr 2023 10:45:54 +0000 https://aithority.com/?p=509574 Bitkub Coin (KUB): A Thailand Blockchain Infrastructure With its Own Ecosystem

Bitkub Blockchain Technology Co., Ltd. is involved in computer services and information technology, specifically in the development and design of blockchain technology. Their objective is to create Bitkub Chain, a widely used platform for industries and businesses, to provide easy access to digital assets to everyone. “Listing KUB on Coinstore is a significant step towards […]

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Bitkub Coin (KUB): A Thailand Blockchain Infrastructure With its Own Ecosystem

Bitkub Blockchain Technology Co., Ltd. is involved in computer services and information technology, specifically in the development and design of blockchain technology. Their objective is to create Bitkub Chain, a widely used platform for industries and businesses, to provide easy access to digital assets to everyone.

“Listing KUB on Coinstore is a significant step towards establishing Bitkub Chain as blockchain infrastructure in Southeast Asia. This move will broaden the adoption of Bitkub Chain, and increase global awareness of the platform, attracting more users in the future.” said Passakorn Pannok, CEO of Bitkub Blockchain Technology Co., Ltd.

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Bitkub Chain is an open-source blockchain aimed at the mass adoption of blockchain technology for developers in small and medium businesses of the Bitkub ecosystem. Bitkub Chain advocates to first gradually remove many of the obstacles that exist in the current blockchain ecosystem in ThailandThailand lacks its own infrastructure, and these infrastructure providers charge extremely high gas fees, which is one of the problems encountered by Thai retailers and business owners.

Bitkub Chain aims to provide various partners with easy-to-use infrastructure solutions to promote innovation and create an overall ecosystem around Bitkub Chain. These partners can also operate nodes and become validators to reduce fees, while also combining with other projects on Bitkub Chain.

Bitkub Chain’s vision is to democratize economic opportunity and create unprecedented levels of financial access and security for everyone.

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[To share your insights with us, please write to sghosh@martechseries.com]

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