Cryptocurrencies Like Bitcoin are Lifelines to People in Latin America 834

Many people often wonder what the point of cryptocurrencies is. In the Western world, the demand for financial freedom is not overly apparent. Consumers are content with entrusting their money to third parties without giving it a second thought. In countries suffering from an economic crisis, there is a dire need for Bitcoin and consorts. It is the only path of financial freedom residents have at their disposal as of right now. Venezuela has always been a great example of why Bitcoin matters in that part of the world.

There are many different reasons as to why cryptocurrencies matter. Although us Westerners don’t have a real need for them, its potential shouldn’t be underestimated. In countries suffering from a financial crisis, cryptocurrencies play a big role in people’s daily lives. There is plenty of opposition from governments and law enforcement in those regions. Numerous “raids” have occurred in regards to cryptocurrency mining. This is especially true in Venezuela, but other countries are no exception either.

Financial Freedom is not Easy to Come by

All of this begs the question why people don’t just give up on Bitcoin. That decision is rather simple to explain as well. For those seeking financial freedom, there is no other option but to embark on a cryptocurrency mining or investing trip. Despite the major risks associated with this venture, it is worth the risk for a lot of people. Even so, it’s not something everyone will pursue either. The lack of proper internet connectivity is one of the biggest hurdles for cryptocurrency adoption in countries suffering from a financial crisis.

It is safe to say Bitcoin has been a powerful tool in the quest for financial freedom. In Venezuela, even middle-class citizens are using Bitcoin as a store of value. Given the local currency’s declining value, it’s only normal people seek alternatives. Even though Bitcoin is anything but a stable currency right now, it’s still better than the other options. It is evident cryptocurrency can set people free financially. The risks hardly ever outweigh the rewards in desperate times.

It is also worth noting this trend isn’t limited just to Bitcoin. Instead, alternative currencies are also making a small impact. This extends well beyond Venezuela as well these days. Chile, Argentina, Bolivia, and even Peru are showing an increasing interest in the world of cryptocurrencies. Brazil is a powerful fintech nation, and the cryptocurrency movement is growing there as well. It is evident finding financial freedom requires some effort and risk. With cryptocurrencies, most people can achieve this goal if they put their mind to it.

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BiXBiT announced a new Bug-Bounty program as a part of testing their products 1214

The BiXBiT Dev division has launched a monitoring system (AMS) that will help make mining more safe & convenient.  Users are invited to participate in the Bug-Bounty program as testing of a new system and make suggestions for improving the program. Also, the parent company BiXBiT has created immersion cooling for cryptomining, which is recognized as innovative. About unique developments for miners — further.

The monitoring system (AMS) from BiXBiT Dev now can be tested by any user. At the same time, miners are invited to leave feedback about the system, suggest ways to improve it and make objective comments. You can also try to find the system’s vulnerabilities and AMS bugs. The company does not focus on the last two factors, but nevertheless they can be considered.

BiXBiT bounty program

As an innovative project, BiXBiT combined the classic Bug Bounty program and the Giveaway referral program. As a result, the referral system acted as an additional incentive that motivated more users to join the project.

The company offers to become participants of the main prize drawing within the Seasonal Bug Bounty project. Seasonal drawings are very relevant, as every season a new version of the product is offered.

In order to get the maximum number of points, you need to leave a review, submit a video, do additional reviews on social media or invite new participants. The company provides a table that shows how many points you can get for an action. When evaluating a review, attention is paid to its usefulness and informativeness.

Duration date: Bounty program will continue for one month from the start date.

How to participate in a bounty program?

First, you should register on the BiXBiT bounty website. After filling in all the necessary information for the Bounty, you can start testing.

To start testing, you should log in to your AMC on BiXBiT website and download the firmware to his device. The firmware can save you up to 20% of total energy consumption and reduce your fees.After testing the system, you can leave your feedback on the website. As a bonus, the company offers an award to the winner who will leave the most detailed and useful feedback.

Also, when testing the system, all users automatically become members of the referral program. Everyone is given a referral code that can be used to invite new members. Points are awarded for a review left, a video sent, additional reviews and invited users.

Testing of the BiXBiT ecosystem is offered at a reduced fee or without it at all. At the same time, a branded ASIC is available to users. And, of course, the opportunity to win prizes should be considered as a motivation for activity. In the future, the AMS system will be supplemented.

It should be noted that BiXBiT is an experienced developer and implementer of innovative solutions for immersion cooling. The company’s proposals are very important when conducting cryptocurrency mining operations. High hash rates of mining equipment during overclocking and high-quality temperature control are the opportunities that the company creates.

BiXBiT immersion cooling systems

BiXBiT has repeatedly surprised miners with high-quality submersible cooling systems. These were racks, cells, as well as containers for full-fledged mining. Miners also got access to state-of-the-art firmware that optimizes settings and improves hashrate capabilities.

Core Advantages of immersion cooling

The advantage of immersion cooling is the use of a non-conductive liquid for more efficient heat dissipation. The advantage of this design is that there are no fine particulate emissions in the form of dust, which is helpful in better equipment protection. Along with noise reduction, this reduces energy costs by up to 30%.

Unlike other vendors, BiXBiT immersion cooling systems are compatible with ASICs designed for air cooling. This allows you to significantly reduce equipment costs without losing cooling efficiency.

Noise reduction makes it possible to ensure favorable working conditions. While the SRT systems equipped with air cooling are supplemented with muffling covers, as well as other similar devices, usually the noise flow is reduced only at the limit of up to 20 dB. Just a feature of immersion cooling is that the system reduces the noise level to a slightly noticeable indicator.

Will BiXBiT become an innovation in cryptomining?

For five years, BiXBiT has been creating innovations for mining cryptocurrencies.

The company offers miners safe and efficient equipment. At the same time, the details of the original design are well thought out and maximum mining performance is created.

BiXBiT miners are supplemented with submersible cooling systems. This property makes it possible to form a productive use of space and improve the potential value of the hashrate. After all, really effective cooling is carried out. The firmware performance is high, which is also important.

Results. BiXBiT offers unique solutions for miners. BiXBiT’s innovative cooling systems allow you to use space more productively, increasing the value of the hashrate. The supplied equipment is able to activate business processes, regardless of the scale of the business.

MicroCloud Hologram (NASDAQ: HOLO) Develops 3D-BIM Blockchain NFT Technology 1215

MicroCloud Hologram Inc. (“HOLO” or the “Company”), a Hologram Digital Twins Technology provider, today announced its development of a 3D-BIM multi-user collaborative design solution based on blockchain NFT technology. The solution is the result of the Company’s independent research and development, which is conducive to further improving the Company’s intellectual property protection system, maintaining its technological leadership, and enhancing its core competitiveness.

HOLO applies blockchain NFT technology to achieve highly reliable and traceable data management through the distributed ledger and consensus mechanism. Each block in the blockchain contains two hashes, the “current block hash” and the “previous block hash.” The latter block is linked to the previous block by the “previous block hash” to form a chain. Any slight modification to the block information will result in a change to the block hash. Therefore, if someone tries to tamper with a block in their local blockchain ledger, the block will be identified by other blockchain nodes due to a hash mismatch. And no single blockchain node can manipulate all the data in the blockchain. The blockchain can guarantee the security and trustworthiness of the data by keeping identical, immutable, and traceable copies of the complete data in each node.

The model developed by HOLO uses blockchain NFT technology to store drawing design information to protect designers’ copyright interests and incorporates IPFS (InterPlanetary File System) to ensure the reliability of drawings. The model is designed with a circular division mechanism to solve the problem of synchronizing drawing information when multiple people collaborate on designs. The model adopts SDT (Syntax-Directed Translation) method to realize 3D holographic drawing updates for construction projects and reduce the redundancy of blockchain information. The availability of multi-user collaborative design can effectively ensure the reliability of the drawing and reduce the redundancy of blockchain information, thus achieving copyright protection for the designer.

The data storage under HOLO’s blockchain NFT technology framework adopts a hybrid storage model. Blockchain ensures the security and reliability of the data stored on-chain. Using blockchain to store summary or design information and storing 3D-BIM drawing files off-chain (because blockchain is not suitable for directly storing large files such as 3D-BIM drawings, which will create greater data redundancy) and partitioning and encryption under the IPFS distributed file storage protocol can ensure the authenticity and trustworthiness of the stored files.

HOLO’s solution addresses the security, consistency, redundancy, and copyright issues of current 3D-BIM multi-user collaborative design in mapping by using blockchain NFT technology, which mainly solves the following problems that exist in traditional methods.

HOLO uses the on-chain and off-chain collaborative storage method of blockchain NFT and IPFS to preserve data security and trustworthiness. Mutual trust and supervision among 3D-BIM drawing designers are achieved through a consensus mechanism to improve data reliability. At the same time, data security can be ensured through the tamper-proof function of blockchain NFT.

In terms of information fusion and consistency, HOLO adopts a circular division mechanism to avoid the problem of information synchronization during the design process and ensure the consistency of 3D-BIM drawings among designers,

HOLO applies blockchain NFT’s SDT method to achieve incremental updates of 3D-BIM drawings. It uses blockchain information records to provide reliable proof of copyright and safeguard the copyright interests of designers, solving the problems of information redundancy and copyright issues of 3D-BIM drawings.

HOLO developed a multi-user collaborative design solution for 3D-BIM drawings based on blockchain NFT (on-chain) and IPFS (off-chain) storage. The solution stores encrypted drawing data through a collaborative approach, which ensures data security, reliability, and integrity while improving the scalability of the blockchain. In addition, the solution uses a cycle division mechanism to avoid the problem of synchronizing information during the design of 3D-BIM drawings. It adopts the SDT method to achieve efficiency in incremental updates of 3D-BIM drawings, reduces information redundancy, and applies the blockchain to record designers’ incremental design information to provide designers with an accurate copyright basis. HOLO’s blockchain NFT technology-based 3D-BIM multi-user collaborative design solution will provide users with a secure and efficient model.

HOLO has been developing and exploring deep in the field of blockchain NFT and digital twins technology based on numerous holographic data modeling, simulation, and bionics technologies. HOLO has built a repository of holographic digital twins based on blockchain NFT technology, which holographic developers and designers rely on. HOLO’s blockchain NFT technology-based digital twins repository integrates holographic bionics and simulation digital models, as well as various holographic technologies such as holographic spatial positioning, motion capture, and hologram synthesis, and is open to all users. HOLO provides customized holographic digital technology integration services based on blockchain NFT technology for corporate clients with tailored business needs.

About MicroCloud Hologram Inc.

MicroCloud Hologram Inc. engages in the research and development, and application of holographic technology. MicroCloud Hologram provides its holographic technology services to its customers worldwide. MicroCloud Hologram also provides holographic digital twin technology services and has a proprietary holographic digital twin technology resource library. MicroCloud holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. MicroCloud Hologram technology services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic advanced driver assistance systems (ADAS).

RFOX VALT Launches AI-Enabled Metaverse Apartments for Sale 1683

0 2023 02 01 в 15 09 14

Dubai, United Arab Emirates – RFOX VALT, the leading metaverse platform, is excited to announce the sale of AI-enabled metaverse apartments on February 8th. These state-of-the-art apartments offer residents a fully immersive experience using cutting-edge AI technology, which only enhances the already existing VR world.

The AI-enabled apartments allow residents to interact with their virtual surroundings in a more natural and intuitive way. The apartments are customizable spaces that allow their residents to use the newly integrated AI tools to change and alter the look and feel of their space, to create personal and unique surroundings. The apartments will feature an invite-only system, allowing you to host gatherings, meetings, events, and more based on your requirements.

This cutting-edge technology instantly allows apartment owners the ability to implement changes that would have previously required skills in asset creation and taken considerable time to implement.

Owners will be able to utilize the OpenAI integrations for personal assistance, content creation, and more. As the technology progresses, the apartments will integrate with even more AI services.

Details of the RFOX VALT Apartment sale:

  • 8th of February 2023, only through RFOX VALTs official webpage
  • 3000 Apartments only for sale at 0.25 ETH each
  • 4 variations that are randomly assigned
  • Each apartment is entitled to 1 complimentary CitiXen avatar
  • Apartments come with voting rights for future development

RFOX VALT’s metaverse platform has been praised for its ability to provide users with a truly immersive and interactive experience. The addition of AI-enabled apartments takes this experience to the next level, making it even more realistic and convenient for residents.

The sale of these apartments is a significant step forward for RFOX VALT and the metaverse industry. It demonstrates the continued growth and innovation in the field and sets a new standard for virtual living.

Each apartment is entitled to a complimentary RFOX VALT CitiXen avatar, which can act as your unique character within the RFOX VALT metaverse.

For more information about the apartment sale on the 8th of February, visit RFOX VALT’s website at https://www.rfoxvalt.com

About RFOX

RFOX is a metaverse company with a mission to be the global leader in immersive metaverse experiences focused on retail, media, gaming, and rewards, through the RFOX VALT metaverse. Since 2018, the company has built the RFOX ecosystem of products and solutions that include online games (RFOX Games), white-label NFT platform (RFOX NFTs), DeFi products (RFOX Finance), digital media platforms (RFOX Media and RFOX TV), and more. Its main token is RFOX, the digital asset that fuels the RFOX metaverse ecosystem and its immersive technology.

Contact:
Ira Go
Campaign Lead
RFOX
[email protected]

CycurID Releases the imme™ Wallet & Announces Partnership with Unstoppable Domains 1569

CycurID Technologies Ltd., (“CycurID” or the “Company”), is pleased to announce the release of the first fully compliant, transaction-monitored and privacy-based, non-custodial cryptocurrency wallet.

The imme™ Wallet has been developed to allow everyday persons to participate in the evolving digital marketplace without the fear of dealing with cryptocurrencies from illicit sources and activities, such as sanctioned wallets and the dark web.

Mehdi Mehrtash, CycurID CTO and Co-founder said, “Some of the biggest hurdles preventing the mass adoption of cryptocurrency are: the lack of understanding arising from the use of technical jargon, and misleading information regarding the true risks involved in dealing with cryptocurrencies. The imme™ app and wallet were developed to provide an easy to use, consumer-focused, and transparent experience that maintains user anonymity while providing feedback on the quality of their transactions.”

Similar to how you would open a bank account, users of the imme™ Wallet are authenticated through an automated onboarding process which performs an ID and background verification. Once the onboarding is complete, they are able to set up their wallet. The imme™ Wallet includes other functionalities such as: wallet reputation, transaction scoring, biometric transaction authorization, support for ETH and all ECR20 tokens, cloud-based wallet backup, and the ability to use Web3 domains powered by Unstoppable Domains.

“We’re working to bring Web3 to the world, and integrating with CycurID’s crypto wallet will help us do that,” said Sandy Carter, SVP and Channel Chief at Unstoppable Domains. “In order to become part of Web3, people need to feel secure, which is why we’re aligned with CycurID’s vision for a safe and compliant Web3 experience.”

All transactions from the imme™ Wallet are checked to determine if any of their funds have been commingled with funds from illicit activities or sources such as the dark web, sanctioned wallets and/or proceeds of crime. There is a 0.25% fee on every outgoing transaction that covers the continuous monitoring, and sanctioned address screening. This fee is in addition to the normal gas fee.

Mehrtash further added, “Our Company’s main goal is to ensure that consumer and business protections are central in all online transactions, while meeting regulatory and reporting requirements.”

For more information about CycurID’s complete suite of cost-effective identity solutions, visit the corporate website https://cycurid.com. Learn more about imme™ at imme.io.

About

CycurID Technologies Ltd. – CycurID is a privately held personal identity management and security software developer based in Vancouver, British Columbia. CycurID™ has developed proprietary patent pending identity management and privacy software which is available via its consumer app imme™ (I’m me). CycurID is registered with the Better Business Bureau, WorkSafe BC and with FINTRAC as Money Service Business (MSB). CycurID™ and imme™ are Registered Trademarks of CycurID Technologies Ltd. CycurID is also incorporated in the United States as CycurID Technologies USA Ltd.

Unless explicitly stated, the Company does not purport to retain title or interests to any imagery. All imagery has been used under license by the Company which allows the Company to use, reproduce, archive, modify, and display the Work, in all media, for (1) advertising, marketing, promotional and decoration purposes; and (2) personal and non-commercial uses.

Unstoppable Domains – Founded in 2018, Unstoppable Domains is a Web3 domain name provider and digital identity platform. Unstoppable Domains offers Web3 domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with hundreds of apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers in 2022.

USFCR partners with ClearCryptos LLC. to accelerate enterprise adoption of Web 3.0 and Blockchain 1422

ClearCryptos, the mission-driven company charting a path to crypto optimization, and US Federal Contractor Registration (USFCR), the worldwide leader in assisting companies to efficiently and successfully conduct business with the U.S. government, are excited to announce a partnership that will allow federal government contractors to leverage the distinct and unique technological capabilities of the blockchain.

This groundbreaking partnership spearheads the introduction of blockchain technology to all USFCR’s current and future clients. Facilitating the ability via the blockchain to ensure every contract is effectively implemented and executed, while also tracking and documenting every dollar involved.

Eric Knellinger, President, USFCR, said: “We see this as the future of government contracting, so we are acting now, thinking forward for our clients, positioning them for ultimate success.”

Under the agreement, ClearCryptos becomes USFCR’s sole blockchain provider, developing a cheaper and faster way to facilitate contractor payouts. The partnership will provide USFCR’s clients the ability to develop smart contracts built on ClearCryptos’ blockchain technology, preparing them for next gen contracting that incorporates treasury-backed digital currency compensation.

Larry Lundy, CSO, ClearCryptos, said: “We are looking forward to building our relationship with USFCR to provide ease of use, security and improving several fundamental friction points in the current processes.”

In 2021, the federal government paid out an estimated $575 billion to federal contractors, including a record number of small businesses – many of them USFCR clients.

Eric Knellinger, President of US Federal Contractor Registration, said: “Government contracting is often a slow, opaque process lacking in transparency and accountability. Today’s announcement, powered by ClearCryptos’ cutting-edge platform, paves the way for the future of government contracting.”

ClearCryptos will continue to roll out additional partnerships with companies and communities that share the same values—integrity, trust, resilience—and seek to safeguard, improve, and expand the cryptocurrency space.

Benefits for the users and holders of ClearCryptos

  • Despite market conditions, enterprise solutions will promote growth and sustainability. $CCX is the membership token purchased by these customers to participate in the blockchain solution. This attracts enterprise holders in addition to retail holders. USFCR has represented over 300,000 customers and each of them is a potential enterprise customer and holder of $CCX.
  • Laying the groundwork for a new integration of Web 2.0 projects into Web 3.0. $CCX while creating the foundation for large scale Web 2.0 companies to integrate into cryptocurrency, while also solving existing issues in the financial sector. USFCR is a well-respected company that will bring confidence to other enterprise solutions to come forward and want to be a part of the ClearCryptos family.
  • Enterprise solutions and retail products that promote sustainability and growth regardless of market circumstances. This is because with every sale a portion of the sale will go toward buying $CCX to introduce the customer to cryptocurrency and establish their membership within the ClearCryptos ecosystem. Overall, this type of partnership will bring in holders annually and as USFCR grows as a company ClearCryptos will grow with them.

Eyes on the Future

With this partnership, ClearCryptos is working to integrate hundreds of thousands of small, medium, and large-scaled businesses into cryptocurrency, helping people further understand and grow the importance of cryptocurrency for normal everyday business. This partnership will be a way to significantly reduce payout times for businesses in the future without the friction and limitations of current financial systems. This blockchain technology, with active contract tracking, the government will be able to hit their small business set aside thresholds, benefiting both the government and small businesses.

Cryptocurrency opens new doors for smaller to medium US federal contractors

The federal government awarded contracts valued at $575-billion in 2019, up from about $545-billion in 2018. Of the contracts awarded in 2018, the U.S. Small Business Administration estimates that 25.05% (or an estimated $120.89 billion) went to small businesses.

ClearCryptos is hoping to transition a majority of those contracts to cryptocurrency through their platform, reducing the time it takes for contractors to be paid by over 95%, for their government contracts.

This is an exciting evolutionary step for cryptocurrency in general with crypto projects starting to integrate with contract-based Web 3.0 companies. We look forward to ClearCryptos serving as a major catalyst to the US economy and streamlining, protecting crypto and fiat money transactions.

USFCR Background

USFCR (US Federal Contractor Registration) is the world’s largest and most trusted full-service government contracting solution provider. With over 14 years of experience in the federal marketplace USFCR has completed over 200,000 compliant SAM (System for Award Management) registrations for businesses and nonprofits. In addition to managing SAM registrations, USFCR offers a proprietary platform, the Advanced Procurement Portal, and turn-key total solutions such as contract consulting and contract lifecycle management to take federal contractors from registration to award and beyond.

ClearCryptos Background

ClearCryptos (CCX), a company based in San Juan, Puerto Rico, first protocol is a decentralized exchange (DEX) with an aggregated solution that will search for the best pathway for the user to swap cryptocurrencies giving the user the best rates possible, while also showing the user alternate options.

ClearCryptos trading and analytics is based on our powerful SiriusIQ DNA platform, which is designed for secure, reliable, and scalable workflow, AI, analytics, and data automation operations.

The Launching of the BIFROST Network, a Multichain Gamechanger 1706

The multichain middleware platform BIFROST run by PiLab Technology, a South Korean VC specializing in blockchain services, recently unveiled their mainnet, the BIFROST Network. Fueled by their own mainnet, BIFROST hopes to create an easy-to-use multichain experience and to foster a unique blockchain ecosystem that leverages the multichain technology.

The BIFROST Network is a permissionless Substrate-based, EVM-compatible layer-one blockchain solution, with reasonable fees (averaging $0.03) and fast finality. Through node operators called relayers, the BIFROST Network formulates an optimal crosschain route and provides an excellent environment in which DApps can easily grow.

With the launch of the mainnet, BIFROST is introducing an advanced bridge function that supports automatic rollback of transactions should any crosschain transaction fail. This mechanism reverts the transaction to its original state to prevent assets from being lost. Also, by providing a reliable price oracle with prices verified by network validators, BIFROST further enhances its security through decentralization. The fact that BIFROST’s previous DeFi projects including BiFi and ChainRunner are available on the mainnet, is another benefit of the network.

Furthermore, BIFROST created the BIFROST Ecosystem Fund in an effort to nurture their newly-founded ecosystem. By incentivizing development of multiple DApps on the ecosystem, it will foster and support the BIFROST Ecosystem and the many projects that decide to make BIFROST their homes.

Dohyun Pak, the CEO of BIFROST, exclaimed that he is thrilled to showcase PiLab’s technological prowess to the global audience with the launch of their mainnet, and that the company will continue to focus on the public adoption of blockchain technology by building a healthy ecosystem.

PiLab Technology is a blockchain-based technology company that has developed multiple multichain services, including BIFROST and BiFi. With the mission of enabling DApps to operate on top of multiple protocols, Dohyun Pak founded the company with Jonghyup Lee, CTO, and Changhyun Yoo, COO, in 2017.

Recognized for its innovative technology and proving the scalability of its products, PiLab has raised $8.4 million in Series A led by Korea Investment Partners, STIC Ventures, and Yuanta Investment.