Sovereign Yidindji Government and Sovereign Wallet Join Forces on Currency Alliance Initiative 9745

The Yidindji Sovereign Government, an Australian Aboriginal micro state, has formed a partnership with Sovereign Wallet Co., Ltd. to use the MetaMUI CBDC platform for developing the Allodial Unity Digital Dollar (AUDD). This initiative seeks to foster economic cooperation, trade, and mutual prosperity among Indigenous nations on the Australian continent through a unified digital currency.

Since January 2022, Sovereign Wallet has provided the Yidindji with advanced National Identity and CBDC solutions, facilitating easy access to critical financial services. This collaboration introduced the world’s first self-sovereign identity-based national identity system. Moreover, together, they launched the Sovereign Yidindji Dollar (SYD), marking a significant achievement by deploying a CBDC in about 4 hours using the MetaMUI CBDC Cloud Service, a testament to the partnership’s success in financial innovation.

Sovereign Wallet’s MetaMUI identity-based blockchain underpins AUDD, ensuring legal compliance, privacy, and enabling immediate peerto-peer transactions. This decentralized method reduces reliance on central banks and enhances financial stability in the AUDD alliance. Unlike the Euro, AUDD acts as an account unit for Indigenous currencies, backed by their nation’s unique assets, eliminating the need for a central managing authority. This framework allows Indigenous communities to regain economic independence and build collective economic resilience.

Key Highlights of the AUDD Initiative:

  • Unified Ledger CBDC: AUDD serves as a relay chain that connects and unifies each Indigenous nations own national currency. Each nations currency would have their own ledger. It will be powered by Chained Cash technology pioneered by Sovereign Wallet.
  • Co-existence of Common Currency and Sovereign National Currency: Each currency alliance participating countries does not need to give up their own currency to join common currency alliance. Each country can increase its monetary power through a common currency while maintaining its independent currency sovereignty. This is a reproduction of Bancor, which Keynes had proposed.
  • Decentralized Monetary System: The AUDD features a decentralized monetary system where each participating country is a member of the governance council, collectively managing the common currency, AUDD, via a voting mechanism on the MetaMUI blockchain. Exchange rates between national currencies, like the Yidindji Dollar, and AUDD are automatically determined by the volume of AUDD reserves and the issuance volume of the national currency by each country.
  • Direct cross-border payment and algorithmic exchange bank: Leveraging MetaMUI’s Chained Cash technology, residents of Indigenous nations can conduct cross-border transfers directly from their wallets, bypassing traditional banking institutions.

Murrumu of Walubara, the Minister for Financial Technology, representing Sovereign Yidindji Government, stated, “The AUDD Initiative marks a crucial move towards creating an inclusive and sustainable future for indigenous communities. AUDD is more than just a digital currency; it’s a symbol of empowerment and collective effort. We’re honored to collaborate with Sovereign Wallet, utilizing their knowledge to empower our communities and change the story of economic exclusion.”

Seokgu (Phantom) Yun, CEO of Sovereign Wallet Co., Ltd, adds, “Three years ago, Yidindji became the first nation to adopt MetaMUI’s CBDC platform. We’re thrilled to further this partnership and initiate a new phase of fast cross-border payments. AUDD holds the promise to transform the financial framework for Indigenous communities, promoting economic inclusion and sustainable growth.”

The AUDD Initiative represents a significant leap towards economic sovereignty for indigenous tribes, aligning with global efforts to build a more sustainable and inclusive financial ecosystem.

About Sovereign Wallet Co., Ltd

Sovereign Wallet is dedicated to deliver financial services to millions of people by leveraging identity-based blockchain. Our flagship technology, MetaMUI, is reshaping the financial landscape, fostering self-sovereign finance, and constructing a sustainable, inclusive economic model. We digitize vital national infrastructure – from identity and credentials to financial transactions – eliminating the need for paper and empowering individuals with self-sovereign finance. MetaMUI’s hybrid structure is ideal for global applications, ranging from central banks to digital stock exchanges and cross-border payments, reinforcing our vision of an inclusive and sustainable economy.

About Yidindji

The Yidindji people are a rainforest-based society with several clan groups in the area as far north as Queensland on the Australian continent. The Sovereign Yidindji Government has a rich history and deep connection to the land. Since its inception in 2014, the SYG has established various departments and consistently enacted laws for the well-being of its people. The AUDD Initiative represents a key pillar in its ongoing efforts to secure economic self-determination and build a brighter future for generations to come.

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The new energy index trading platform PHPGOV has announced a strategic partnership with leading energy companies to promote the development and application of energy globally 2674

As global demand for renewable energy continues to rise, the new energy sector has become a focal point for development by governments and corporations worldwide. Recently, PHPGOV, a leading new energy index trading platform, announced strategic partnerships with several top energy companies to jointly advance the development and application of new energy globally and contribute to building a clean and sustainable energy future.

PHPGOV, recognized as a pioneer in the new energy sector, is committed to establishing a globally leading new energy index trading platform that offers investors a secure and convenient channel for investing in new energy. By forming strategic alliances with top energy companies, PHPGOV aims to leverage its strengths and consolidate resources to explore development opportunities and innovative models within the new energy sector.

This strategic cooperation will encompass various areas including, but not limited to, technology research and development, market expansion, and industrial collaboration. PHPGOV and its partners will jointly conduct research and innovation in new energy technologies, pushing for breakthroughs and applications to enhance energy efficiency and utilization. Moreover, the parties will intensify market cooperation, collectively penetrate new energy markets, and expand sales channels for new energy products, thus promoting the healthy development of the new energy industry.

Additionally, PHPGOV will engage in industrial collaboration with leading energy companies to build a new energy industrial chain, fostering mutual growth within the industry. The partners will enhance collaboration in project investment, financial operations, and risk management to advance the realization of new energy projects and ensure the sustainable development and profitability of the new energy sector.

For PHPGOV, this strategic partnership is of significant importance. It will not only elevate PHPGOV’s influence and competitiveness in the new energy sector but also accelerate its global expansion. Furthermore, collaboration with leading energy companies will provide PHPGOV with additional resources and support, fueling the platform’s growth and expansion.

For the top energy companies, partnering with PHPGOV represents a crucial strategic decision. As a leader in the new energy index trading platform market, PHPGOV offers extensive industry experience and superior service quality, providing professional services and support to explore opportunities and business models in the new energy sector.

In conclusion, the strategic partnership between PHPGOV and leading energy companies will inject new vitality into the global energy sector, promoting the healthy development and sustainable growth of the new energy industry. PHPGOV is poised to make a positive contribution to building a clean, sustainable energy future.

PHPGOV Exchange Co., Ltd was established in October 2020 in the United States with the company number: 20201931985. The registered address is 1670 Broadway, Denver, CO 80202, United States.

Discover the rise of Surf Protocol: Becoming the top perpetual Dex on Bitcoin Layer 2 3150

Surf Protocol has achieved significant milestones, with its total trading volume exceeding $200 million and its Total Value Locked (TVL) surpassing $30 million in May, making it the largest perpetual DEX on Bitcoin Layer 2.

As the largest Perp Dex on BTC L2, Surf Protocol distinguishes itself by being selected for Binance’s prestigious Most Valuable Builder (MVB) Season 7 program. This recognition by Binance Labs highlights Surf Protocol’s innovative approach and its contribution to the blockchain ecosystem, particularly in enhancing Bitcoin native on-chain leverage trading and offering single-currency liquidity provision yield solutions that eliminate impermanent losses.

The competition within the Perp DEX arena is fierce and dynamic. Historically, platforms like dYdX have dominated the scene, capturing a substantial 59.7% of the 30-day trading volume as of October 2023. However, the DeFi ecosystem is inherently fluid, with Hyperliquid clinching the top spot by February 2024, showcasing the market’s evolving preferences and the shifting dynamics that new entrants like Surf Protocol are adeptly navigating.

Despite the competition, Surf Protocol distinguishes itself through a relentless pursuit of innovation tailored to meet the changing needs of its users. As the first to introduce a Bitcoin-denominated vault with zero impermanent loss and to allow BTC as collateral for trades, Surf Protocol has not only addressed key market gaps but has also set new benchmarks for what on-chain traders can expect. This innovative streak has propelled Surf towards a trajectory of rapid growth, with the platform nearing an average of 1000 daily users and aiming for higher total value locked (TVL) and volume.

Moreover, Surf’s acknowledgment of the competitive landscape doesn’t detract from its vision; rather, it fuels its drive to innovate. In a market where Perp DEXes like GMX have captivated users with sustainable fees and earning mechanisms, and where dYdX has pushed the envelope towards complete decentralization and scalability, Surf Protocol has carved its niche. It has done so by not only matching the pace of innovation but by also introducing unique features that resonate with a broad spectrum of users.

In a bid to further energize its community and incentivize trading activities, Surf Protocol has launched a series of campaigns that are setting the platform apart in the competitive DeFi landscape. These initiatives not only reward active traders but also provide lucrative opportunities for liquidity providers (LPs) and early supporters of the platform.

Surf Protocol’s innovative campaigns and focus on user rewards demonstrate its commitment to building a thriving DeFi ecosystem. Highlighting this commitment, Surf airdropped 100,000 USD value of award tokens to the first two weeks’ traders after the mainnet launch, showcasing a tangible effort to reward early adopters. By prioritizing community engagement and fostering a culture of inclusion, Surf Protocol is well-positioned to play a leading role in the future of decentralized trading.

Surf Protocol’s vision has garnered the support of industry leaders. In October 2023, Surf secured $5 million in funding from prominent investors including ABCDE Capital and Amber Group. This vote of confidence underscores the potential of Surf Protocol to bridge the gap between traditional finance and DeFi, catering to a diverse user base.

Surf Protocol invites traders, liquidity providers, and DeFi enthusiasts to join its mission of revolutionizing the trading landscape.

For more information, visit https://surf.one/
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Discord: https://discord.com/invite/Ma2NjR9uMs
Medium: https://medium.com/@surf.protocol

Sarson Funds Announces Official Launch of csprUSD Stablecoin on Casper Network Mainnet 3557

Sarson Funds, in partnership with the Casper Association, is thrilled to unveil the official launch of the csprUSD stablecoin on the Casper Network mainnet.

Following successful testing on the Casper Network testnet, csprUSD enters the digital currency landscape as a robust fiat-backed stablecoin, echoing recent innovations from industry leaders like Ripple and Cardano. Crafted with precision to pre-comply with anticipated U.S. regulatory standards including dollar-for-dollar collateral deposits held in with a U.S. banking partner, csprUSD mirrors the functionality of established industry titan USDC.

“We’re excited to see the culmination of our collaborative efforts with the launch of csprUSD on the Casper Network mainnet,” remarks Alizee Carli, Head of Ecosystem at the Casper Association. “This milestone underscores the growing momentum of applications and partners committed to leveraging stablecoins for critical infrastructure development.”

During its testnet phase, Sarson Funds witnessed a surge in user engagement and network expansion within the Casper ecosystem, indicative of a growing demand for stablecoins. Designed to foster growth while adhering to current and forthcoming US regulatory frameworks, csprUSD offers a stable, fiat-backed digital currency ideal for transactions on American exchanges.

The impending stablecoin legislation in the US highlights the need for robust regulatory measures to safeguard the cryptocurrency market. Sarson Funds CEO John Sarson emphasizes, “The launch of csprUSD marks a pivotal moment as stablecoin issuers seek to comply with the evolving U.S.regulatory landscape. Our rigorous testing during the testnet phase positions csprUSD as a compliant and trustworthy stablecoin.”

Sarson Funds, a leading asset manager specializing in the blockchain sector, has forged strategic alliances with industry stalwarts WeaveChain for development, BlockPass for compliance solutions, and Custodia Bank for secure banking services, ensuring the integrity and reliability of the csprUSD stablecoin.

For further details about csprUSD and its launch on the Casper Network mainnet, please visit [Stablecoin Index, LP official website] (https://www.stablecoinindex.io/).

KonnektVPN: Positive Changes in VPN Industry With AI Integration and Fresh Features 3851

KonnektVPN is a company that is going to modify the VPN industry, offering a pivotal shift from conventional VPN models. The inception of KonnektVPN signifies a bold departure from traditional approaches, prioritizing user privacy, security, and personalized experiences through the integration of cutting-edge artificial intelligence (AI) technology.

Upgrading VPN Experience

Unlike traditional VPN services that offer generalized solutions, KonnektVPN upgrades the user experience by harnessing the power of AI. The incorporation of AI technology enables KonnektVPN to tailor its services to the unique browsing habits and preferences of individual users, ensuring a personalized and optimized VPN experience.

Combatting Internet Crimes

With cyber threats on the rise, choosing the right VPN provider is a long story. KonnektVPN goes above and beyond to safeguard users from online threats by employing top-notch encryption and AI-driven security measures. Its proactive approach to cybersecurity acts as a digital bodyguard, ensuring that users can browse the internet with confidence and peace of mind.

Geopolitical Tensions and Growing Need for VPNs

Amid increasing geopolitical tensions and government surveillance, the demand for VPN services has surged. KonnektVPN emerges as a reliable solution, offering robust encryption and a strict no-logs policy to protect users’ online privacy at the time of heightened surveillance and censorship.

Decentralization Done Right

While some VPN providers compromise user privacy with centralized systems, KonnektVPN embraces decentralization while prioritizing privacy. By leveraging blockchain technology and implementing a strict no-logs policy, KonnektVPN ensures that users’ online activities remain confidential and secure.

Why Opt for AI Over Traditional VPNs?

KonnektVPN’s AI-powered model offers several advantages over traditional VPNs, including redundancy, load balancing, segmentation, security, and passive income opportunities. By harnessing AI technology, KonnektVPN optimizes network performance, enhances security measures, and rewards users for their active engagement with the platform.

Continuous Improvement Through AI Training

The continuous training of its AI model is at the heart of KonnektVPN’s innovation. By refining its AI algorithms through ongoing training, KonnektVPN wants to automate processes, improve user experiences, and stay ahead of cyber threats.

Introducing SmartKPN Mode

SmartKPN mode enriches the VPN experience by harnessing the collective wisdom of the KonnektVPN community. By sharing anonymized real-time network data, users can earn rewards while contributing to the enhancement of KonnektVPN’s AI algorithms. This is a win-win for everyone involved.

Key Features of KonnektVPN

KonnektVPN’s unique features, including Proof of Time, Proof of Value, environmental-friendly mining, and AI VPN, set it apart as a frontrunner in the VPN industry. With its commitment to innovation, security, and user empowerment, KonnektVPN sets new standards of online privacy and connectivity.

KonnektVPN’s AI Models

KonnektVPN utilizes sophisticated AI models, including Convolutional Neural Networks (CNNs), Recurrent Neural Networks (RNNs), and Graph Neural Networks (GNNs), to optimize network performance, enhance security, and provide personalized user experiences. These AI models work in combination to analyze, predict, and adapt to evolving network conditions, providing a seamless and secure VPN experience for users.

Data Classification and Functions

KonnektVPN’s AI employs advanced data classification techniques and functions to optimize network performance, enhance security, and provide a seamless user experience. By leveraging predictive analytics, adaptive routing, and anomaly detection, KonnektVPN ensures maximum reliability, security, and performance for its users.

About KonnektVPN

KonnektVPN is a developing VPN service that engages artificial intelligence to provide personalized, secure, and high-performance online connectivity. With its innovative features, commitment to user privacy, and dedication to continuous improvement, KonnektVPN sets a new standard for VPN services in an era defined by technological advancement and digital empowerment.

For more information please refer to the specified channels:

Website https://konnektvpn.com
Facebook https://www.facebook.com/konnektVPN
X/Twitter https://twitter.com/konnektVPN
Medium https://blogs.konnektvpn.com/
Telegram https://t.me/KonnektVPN
Discord https://discord.gg/konnekt

KIP Protocol Announces Strategic Partnership with Aethir to Propel Decentralized AI and GPU Infrastructure 4154

KIP Protocol, the Web3 base layer for AI, is thrilled to announce its strategic partnership with Aethir, the premier provider of decentralized GPU cloud infrastructure. This collaboration combines KIP’s tested decentralized AI deployment and monetisation solutions with Aethir’s large pool of computing power. This is set to enhance and expand the capabilities of decentralized AI applications significantly.

A Strategic Alliance for Accelerating AI Development

Under this partnership, KIP Protocol will be established as Aethir’s Preferred Deployment Partner, enhancing Aethir’s AI ecosystem with essential data and payment infrastructures. Concurrently, Aethir will become KIP’s Preferred Compute Partner, supplying over 40,000 GPUs and 3,000 NVIDIA H100s to support KIP’s AI product ecosystems with enterprise-grade, decentralized GPU power.

This partnership not only reinforces KIP Protocol’s standing as a key player in the decentralized AI space but also significantly boosts its backend capabilities. Aethir will integrate KIP’s robust data and payment infrastructures, further strengthening their AI ecosystem.

Revolutionizing AI with Robust Decentralized Solutions

The strategic alliance aims to create synergy between KIP Protocol’s innovative decentralized AI deployment solutions and Aethir’s state-of-the-art GPU infrastructure. This collaboration will combine KIP’s robust data and payment rails and Aethir’s decentralized compute infrastructure, both essential for a thriving deAI ecosystem, challenging the dominance of centralized AI technologies.

Key benefits of this partnership include:

  • Decentralized AI Deployment: As Aethir’s Preferred AI Deployment Partner, KIP will enhance Aethir’s AI offerings with its suite of deployment and monetisation solutions (including its pioneering decentralised retrieval augmented generation (d/RAG) framework and battle-tested KnowledgeFi platform) ensuring seamless operation and integration across various platforms.
  • Enhanced Computational Power: With substantial GPU resources from Aethir as KIP’s Preferred Compute Partner, KIP can accelerate the development and deployment of advanced AI solutions.
  • Strengthening Web3 Foundations: As the Web3 Base Layer for AI, KIP will secure transactions and enable effective monetization for developers and data owners within Aethir’s ecosystem.
  • Scaling New Heights: The KnowledgeFi framework will significantly expand, backed by Aethir’s cutting-edge GPU support.

A Future of Collaborative AI Innovation

Julian Peh, Co-Founder and CEO of KIP Protocol, stated, “Our partnership with Aethir reflects our strategic alignment — KIP democratizes the tools for AI asset deployment & monetisation, while Aethir decentralizes the scarce resources of compute that are critical in AI. Together, we hope to dismantle the monopolistic hold of centralized systems to pave the way for a future where we can have true digital ownership in the AI powered future.”

Mark Rydon, CEO of Aethir, added, “Teaming up with KIP Protocol empowers us to redefine the infrastructure landscape for AI. Their leadership in end-to-end decentralized AI solutions makes KIP an ideal partner to advance our goal of broadening access and enhancing profitability within the AI community across Web3.”

KIP Protocol and Aethir are committed to reshaping the landscape of AI development, fostering a decentralized ecosystem that is more accessible, secure, and profitable. Stay tuned as these industry leaders continue to drive innovation and transform the AI ecosystem by leveling the playing field and empowering AI value creators.

About KIP Protocol

KIP Protocol builds Web3 infrastructure for AI app developers, model makers and data owners, empowering easy deployment and monetisation of AI assets while maintaining full ownership rights.

KIP was a pioneer in decentralized Retrieval Augmented Generation (d/RAG), being a winner of the Chainlink Hackathon in 2023. That expertise in d/RAG was built out into a full platform named KnowledgeFi, currently used by leading Web3 companies to monetise Knowledge Assets using AI

KIP solves mission-critical challenges faced in decentralized AI deployments, with an aim to jumpstart wholly new business ecosystems, and ensure the economic benefits brought about by AI can be enjoyed by all.

Founded and helmed by veteran AI PhDs and tech business veterans, KIP aims to be a catalyst for the widespread adoption of decentralized AI.

To learn more, visit www.kip.pro or follow them on X @KIPprotocol

About Aethir

Aethir is the leading provider of decentralized GPU cloud infrastructure, dedicated to delivering enterprise-grade solutions that empower the AI community.

The gaming ecosystem giant E-PAL declares official entry in the Web3 gaming world 4188

E-PAL, the top gaming ecosystem platform in the world, has officially announced its entry into Web3 gaming. Headquartered in LA, California, E-PAL is the leading social network where gamers pay for skills and interest-related matching with skilled E-Pals.

With the aim to transform the Web3 gaming framework, E-PAL brings numerous innovations, such as an all-inclusive gaming ecosystem podium and a gaming chain. Being one of the most innovative gaming platforms, E-PAL will combine the customized AI gaming elements, which offers a smarter and more convenient gaming experience to the users.

Founded in 2020, E-PAL has experienced significant growth in the gaming industry with five million users downloading the E-PAL app. Such a huge number of downloads reflects E-PAL’s increasing user base, growing market penetration and widening reach among gamers. It has turned out to be the world’s foremost game companion platform in only four years, winning more than 2.4 million users, 300,000 companions and associating with 200 leading games.

Plus, E-PAL’s search for capable partners in the marketplace reflects its smart moves to widen its operational base and strongly boost its market share. The gaming platform’s aim to build partnerships is a proactive step to grow its business and presence in the Web3 gaming marketplace.

E-PAL has acquired two funding rounds led by Galaxy and A16Z with extra investors, including the director of League of Legends and the founders of Riot Games and YouTube. As per the latest reports, E-PAL will introduce the gaming platform Balance.game in May 2024, along with their entrance in the Web3 gaming world and releasing their platform’s 1.0 version, starting the new age of Web3 gaming.

Twitter: https://twitter.com/Balance_Games