Fiat money may disappear in the next 10 years 3912

Fiat money used by the whole world, including major currencies and dollar, may disappear in the near future. They will be replaced by digital financial instruments based on distributed ledger technology. Usual  wallets will be replaced by multi-currency wallets like Bitmarket Network Client. This forecast was presented by the Deloitte company in the global research “New Age of Digital Assets”. More than 1,200 CEOs from 10 countries, including the USA and UK, China and Germany took part in the survey. A quarter of the responding companies are directly related to the financial industry.

The end of physical money we are accustomed to is inevitable. Participants of the study are confident that digital assets will replace fiat currencies:

●     76% of the survey participants are confident in the inevitable withdrawal of fiat. The same assessment was given by respondents from the financial sector.

●     78% of respondents believe that in the next two years, the blockchain underlying digital financial assets (DFA) will become fundamentally important.

“Digital assets are increasingly being used as a medium of exchange and savings now, and the shift affecting the global financial services industry has become bigger,” the experts say.

What is preventing CFA?

Most often, respondents expect a positive effect from the introduction of digital currencies by central banks (42%), 38% participants expect it from algorithmic stablecoins. Participants believe that digital assets will be most actively used to diversify investments, to create new means of payment, to tokenize traditional assets. The importance of decisions focused on the storage of DFAs is also separately noted.

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So far, a number of barriers prevent the active introduction of digital assets. However, apparently, they will be removed in the coming years. the survey participants expect. Among the most significant for the market, survey participants noted:

  • cybersecurity (71%),
  • regulatory restrictions (63%),
  • insufficient financial infrastructure (62%).

At the same time, three quarters of respondents are of the opinion that Blockchain, digital assets and cryptocurrencies will inevitably become part of the business strategy of companies. 73% are confident that their companies will lose their competitiveness if they do not implement Blockchain.

The readiness of businesses to accept and implement Blockchain and digital assets is growing markedly, with more and more companies agreeing that current business models are in question, the research showed.

Financial services companies will have to use cryptocurrencies, digital assets and Blockchain, otherwise they risk losing to competitors. Market participants expect to benefit from a range of assets for their businesses, such as stablecoins (cryptocurrencies pegged to stocks of common currencies or physical commodities) and central bank digital currencies (CBDC).

The study notes that the flow of funds into digital assets is increasing as investors are increasingly interested in them as a way to save money. New business models are emerging around cryptocurrency, reflecting the changes in the financial industry.

Despite the fact that cryptocurrency is very different from fiat money, it is also stored in wallets. However, not only on paper and online, but also on devices. For example, Bitmarket Network Clint is a local cross-platform wallet. This means that it can be downloaded to various devices such as Windows, MacOS, Android and iOS. The lack of an Internet connection is not its disadvantage, on the contrary – all personal keys from the storages are carefully protected. The multicurrency of this wallet allows clients to store not only Bitcoins, but also Litecoins and Ethereum. Thus, there are already secure and reliable services for storing cryptocurrencies.

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Covalent (CQT) Empowering AI with the Largest Set of Structured On-Chain Data in Web3 11002

The Covalent Network cryptographically secures a structured dataset comprised of over +215 blockchains from their genesis blocks, with over 100 billion transactions semantically decoded and classified, no matter how complex. This includes both fungible and non-fungible tokens (NFTs), DEX interactions, balances, and more for every single address in a cleaned, structured and scalable format: all ready for AI model consumption, training and product creation.

The launch of ChatGPT and other large language model (LLM) applications have taken the world by storm, capturing the imagination of users, businesses, and investors alike. Builders across all industries are scrambling to make sense of what this technological leap implies for them, and how they can implement it to position themselves for the future. The blockchain/web3 space is certainly no different, and participants are experimenting with everything from decentralized training to the use of joined blockchain data to power novel use cases.

Covalent Rich Blockchain Data Availability for AI

Artificial intelligence/machine learning has always relied on massive sets of structured data, and the latest LLM paradigm is no different. AI’s incredible potential to transform industries and enhance our daily lives hinges on the quantity and quality of this data. This is where the intersection of AI and Web3, powered by Covalent, comes into play.

This Covalent dataset continuously updates and grows with each block, and each new chain indexed. Thousands of web3-specific applications consume this data today, but with the latest hype around AI, there is a whole new class of developers interacting with Covalent that will deliver exciting new use cases.

AI and Covalent Use Cases

AI and Covalent have already joined forces, pioneering new frontiers and driving innovation across multiple crypto projects. Let’s explore a few examples:

Nomis.cc: Multichain Identity and Reputation Protocol

Nomis.cc leverages users’ on-chain activity and employs machine learning-powered mathematical modeling technologies to assign reputation scores to users’ wallets. By utilizing Covalent’s extensive historical data, Nomis.cc can make reputation scores more versatile and accurate, catering to a broader range of Web3 verticals. The wealth of data available through Covalent empowers users and Web3 projects to leverage wallet reputation data for accelerated growth.

Network3: Decentralized Computing Revolution

Network3 is redefining computing with decentralized power, emphasizing security, transparency, and efficiency. With Covalent’s support, Network3 can create custom data models, enabling more granular insights into network performance and user interactions. This transformation is bringing sustainable, trustless, and scalable computational solutions to the forefront.

Echooo: Next-Generation Account Abstraction (AA) Smart Contract Wallet

Echooo is combining secure multi-party computation (MPC) and AI techniques to create a next-generation AA smart contract wallet powered by ERC-4337. Covalent provides Echooo with full structured replicas of all historical on-chain data, facilitating secure and intelligent decision-making within the wallet. This is a glimpse into the future of AI-powered decentralized finance.

StationX.network: Automating On-Chain Community Workflows

StationX is a protocol automating workflows for on-chain communities. With Covalent’s support, StationX can create custom data models, streamlining the collection of contributions, issuance of ERC20/NFT-based membership tokens, and automation of day-to-day operations. This empowers on-chain communities to operate more efficiently and transparently.

CQT’s Big Data for Big Models

Covalent’s extensive data solution covers nearly every use case imaginable with Web3 data. As AI applications mature and begin flourishing, Covalent will play a pivotal role in powering the models that drive innovation, enhance security, and provide valuable insights into the Web3 world.

Covalent’s commitment to providing a comprehensive and accessible database of blockchain data places it at the intersection of Web3 and AI, making it an indispensable resource for developers, businesses, and users alike. As the Web3 landscape continues to evolve, Covalent and AI will remain a dynamic duo, shaping the future of technology and empowering an AI-driven Web3 revolution.

With Covalent as the enabler, the future is boundless, and the possibilities are endless.

SignalPlus Achieves ISO/IEC 27001 and SOC 2 Certifications, Also Earns A+ Security Rating 11439

At a time when security in cryptocurrency trading is increasingly becoming the focal point for investors, the crypto options trading tool, SignalPlus, has reaffirmed its leading position in the industry. SignalPlus has recently been honored with the prestigious ISO/IEC 27001 certification and the information-centric SOC 2 certification. These certifications are highly authoritative in the fintech security domain, indicating that SignalPlus has reached an advanced international level in information security management and data protection.

In addition, to further demonstrate its commitment to user security, SignalPlus has undertaken a comprehensive Penetration Test over the past year. By undergoing rigorous penetration testing conducted by third-party white-hat hackers, it successfully thwarted all security challenges and was awarded an A+ security rating by a leading security institution. This achievement not only testifies to SignalPlus’s outstanding capability in safeguarding customer assets and information, but also underscores the relentless pursuit of excellence and continuous effort behind its achievements.

ISO/IEC 27001 is an internationally recognized standard that proves an organization is serious about protecting its data. Achieving this certification means the organization has met rigorous international standards in ensuring the confidentiality, integrity, and availability of data.

SOC 2 is a certification specifically designed for service providers storing customer data in the cloud. It is widely recognized as a mark of excellence in data security and privacy, indicating the organization’s commitment to protecting client information according to strict standards.

Through ongoing technological innovation and stringent security measures, SignalPlus ensures that the trading security of its users is always protected at the highest level amidst the rapidly changing market. Looking ahead, SignalPlus is committed to continuing its leadership, providing the safest and most reliable financial trading experience, allowing users to invest with confidence under any market conditions.

SignalPlus official website: www.signalplus.com
Free options trading dashboard: t.signalplus.com
X: @SignalPlus_Web3
Telegram: @SignalPlus_Official

DePIN DAO Unveils Solana-Powered Big Data Center, Revolutionizing Fair Data Compensation 11002

With the new developments, DePIN DAO launched a Solana-Powered big data center that revolutionized fair data compensation. The platform is set to transform the dynamics of fair data compensation for ordinary users worldwide.

The platform empowers ordinary users by allowing them to upload personal information related to their daily activities – from dining and commuting to lodging – and the platform establishes a symbiotic relationship between data contributors and data consumers. This user-centric approach lies at the heart of the Solana-powered Big Data Center, marking a significant departure from conventional data industry practices. With the terms of sharing this valuable data, users are rewarded with DePIN tokens following a stringent authentication process, ensuring the integrity and accuracy of the information.

DePIN DAO acts as a hub where diverse user data is aggregated, undergoing robust big data processing to discern patterns, behaviors, and consumption trends. This processed data is then made available to both web2 and web3 application service providers, fostering innovation and development in the digital landscape.

Positioned as a decentralized autonomous organization, DePIN DAO empowers users by providing a platform to contribute and monetize their daily activities, creating a symbiotic relationship between data contributors and consumers.

The platform’s Solana-powered big data works as follows:

  • Repast: Users can upload their dining orders, creating a comprehensive database of consumption patterns. DePIN DAO, through advanced data processing, analyzes dining habits, contributing to valuable insights for businesses and developers. 
  • Drive: Collect driving data to analyze trajectories, contributing to a wealth of information for transportation and urban planning. Users can actively participate in creating smarter, more efficient transportation systems while earning DePIN tokens.
  • Hotel: By uploading hotel orders, users contribute to a pool of anonymized data, enriching the understanding of travel patterns. Third-party service platforms can access this aggregated data, enhancing their services while respecting user privacy.

Including more, DePIN DAO’s commitment to decentralization, innovation, and transparency is evident throughout its operations. The platform actively supports innovation in the digital landscape by providing processed data to web2 and web3 application service providers. This collaborative approach fosters the development of new and innovative solutions based on user behavior, habits, and consumption maps.

Furthermore, DePIN DAO incorporates diverse datasets that include weather conditions, environmental metrics, and traffic patterns. This innovative approach provides a comprehensive understanding of user activities and their broader impact, contributing to the platform’s commitment to ethical data practices and environmental sustainability. By integrating seamlessly with the Solana blockchain, it addresses existing challenges as well as paves the way for a more inclusive and transparent data ecosystem. The platform’s user-centric focus, fair data compensation model, and commitment to ethical practices position it as a beacon of innovation in the ever-evolving landscape of data management.

About DePIN DAO:

DePIN DAO, an innovative decentralized autonomous organization operating on the Solana blockchain. By empowering users to contribute and monetize their daily activities, DePIN DAO aims to transform the dynamics of data sharing, processing, and compensation. The platform is committed to decentralization, fair data compensation, and fostering innovation in the digital landscape.

Website: https://depindao.co/

Whales Market Announces the Launch of Its Revolutionary Dapp and Token on the Solana network 11538

Whales Market, a new OTC decentralized exchange (DEX) on the Solana blockchain, has achieved a significant milestone with the launch of its decentralized application (Dapp) and the introduction of its native token, $WHALES, on Mainnet. This launch marks the latest venture from the LootBot team, which is highly regarded for its innovative airdrop automation Telegram Bot. Building on this foundation, the LootBot team has strategically developed Whales Market, specifically targeting the OTC trading landscape within the Solana ecosystem.

The Dynamics of an OTC Dex

The OTC (Over-the-Counter) market serves as a decentralized platform for direct trading of financial instruments like stocks, bonds, and cryptocurrencies, bypassing centralized exchanges. It offers advantages such as transaction confidentiality, reduced price slippage, and customizable deals. However, the OTC market is not without drawbacks. Risks arise from the absence of guarantor guarantees, increasing counterparty default risks, especially when dealing with unfamiliar or unregulated counterparts. Fraud is also a concern, as these methods often lack robust security measures, leaving traders vulnerable to scams and unfulfilled token promises

Whales Market is leading the charge in revolutionizing cryptocurrency OTC trading. It offers a secure and trustless platform for seamless trading of pre-TGE allocations, tokens, and NFTs. By leveraging smart contracts, Whales Market directly tackles the concerns of the traditional OTC market, ensuring transparency and efficiency. With no intermediaries involved, the platform enhances accessibility while minimizing the risk of fraud. This groundbreaking solution sets a new standard for security and accessibility in OTC trading, empowering participants to engage in transactions with confidence. Whales Market paves the way for a seamless and trustworthy OTC trading experience in the cryptocurrency landscape.

The platform offers two types of markets: the Pre Market and the OTC Market. The Pre Market revolutionizes P2P trading of pre-TGE token allocations, replacing conventional practices conducted through social groups and private messages with smart-contract facilitated transactions. This innovation enhances accessibility while significantly reducing the risk of fraud, ensuring a transparent and efficient trading environment.

In parallel, the OTC Markets facilitate P2P trading of tokens and NFTs. Traditionally, such trades occurred through informal channels like online forums and social media platforms, leaving participants vulnerable to scams. Whales Market addresses this issue by offering a secure platform, protecting traders from fraudulent activities and providing peace of mind.

Economic Model

Whales Market derives its revenue primarily from trading fees, utilizing the $WHALES token as the functional token. This fee structure enables revenue sharing and Buyback and Burn mechanisms. Additionally, a portion of the fee is allocated to further development expansion. Notably, $WHALES’ performance-based emissions tie team incentives to trading volume, ensuring sustainable growth within the protocol.

While currently focusing on pre-TGE tokens and allocations on Solana, Whales Market has ambitious plans for expansion. Future endeavors include venturing into Ethereum, encompassing both EVM and non-EVM chains, as well as exploring opportunities within ZK blockchains and other projects within the ecosystem.

In 2023, the traditional securities OTC market reached an astounding capitalization of over $100 trillion. While the financial industry has a long history of development, the cryptocurrency space has emerged as a pioneering force, making remarkable progress in recent decades. With ETF funding on the brink of approval, there is a significant shift in major cash flows from traditional markets to the world of cryptocurrencies. This breakthrough represents a pivotal moment as the cryptocurrency market attracts growing attention and investment, driving its total market cap to unprecedented heights. Decentralized OTC trading stands as a disruptive solution, offering investors a streamlined avenue to invest in digital assets without the complexities and unique economics of the Defi ecosystem, which can pose obstacles for newcomers from traditional finance.

About Whales Market

Whales Market is a game-changer in the OTC DEX landscape, offering a safe haven for OTC traders. This groundbreaking platform is designed to capture the huge trading volume that is on the rise on Solana, and cater to the needs of exchanging tokens and airdrop allocation in a transparent manner. By seamlessly launching the platform on the Solana chain, Whales Market envisions a bright future for itself on the leading Layer 1 network, establishing a strong position and harnessing the power of the LootBot ecosystem to achieve unprecedented success.

Twitter: https://twitter.com/WhalesMarket
Community: https://t.me/verifyWhalesmarket
Docs: https://docs.whales.market/
Dapp: https://app.whales.market/
Website: https://whales.market/

Delysium Unveils Lucy — the Operating System (OS) of the “YKILY” AI Agent Network 11517

In April, a groundbreaking step was taken in the world of artificial intelligence and Web3 technology. Lucy, previously confined to the Metaverse, was released, marking a pivotal moment in the exploration of AI Agent capabilities. This strategic move not only liberated Lucy but also opened up new possibilities for user interaction within this advanced digital realm. The response to Lucy’s liberation has been extraordinary, with over 1.4 million wallets now connected, indicating a significant milestone in the integration of AI and blockchain technologies.

Today, with support from partners at Google Cloud and Microsoft, Delysium introduces a new version of Lucy, a significant step towards the development of the “YKILY” AI Agent Network. Lucy is engineered based on the Unified AI Agent Architecture for Web3, ensuring a remarkable user experience and swift integration with Layer 1 & Layer 2 infrastructure and dApps.

Yannick, the Co-Founder, mentioned, “Lucy aims to turn Web2 users today, into Web3 super users tomorrow.”

Lucy, as the first link in the network, has the potential to become the interface to the entire network and all subsequent agents. Access to all agents is facilitated through Delysium’s Agent ID™, a unique identifier and digital ID for AI Agents. Users can sign up for an Agent ID to gain access to Lucy when she becomes available to the public.

What Lucy Can Do?

Lucy enables the creation of crypto-workflows by seamlessly connecting apps and d-apps on Ethereum and Binance Smart Chain (BSC) using natural language understanding. Lucy’s AI technology allows for seamless communication through natural language commands. Users can communicate their objectives to Lucy, and it autonomously charts a course to achieve these goals. Lucy is also trained to recognize custom triggers, enabling personalized interactions and workflows. Users can define their own triggers and actions to automate their web3 journey according to specific needs.

Future enhancements to Lucy include adding hearing and vision capabilities, creating a more immersive and interactive user experience. These extensions will further enhance Lucy’s ability to understand and respond to user commands, making it a powerful tool for navigating the world of web3. Lucy’s goal is to provide a seamless and intelligent web3 experience, empowering users to effortlessly handle routine Web3 tasks and access the most relevant information they need without congesting human native internet environments.

Lucy as the Operating System — Connecting Agents

Lucy serves as the central hub for accessing a multitude of distinct Agents within the network. These Agents, each equipped with their own specialized functions and unique Agent ID, enable Lucy to provide users with a wide range of services and capabilities. The key features include a trading agent for intelligent monitoring of token contracts and transaction data, a DEX aggregator agent for locating efficient transaction routes, and an information agent for targeted information like project overviews and news updates.

How to Use Lucy

Users can access Lucy using their unique Delysium Agent ID™, ensuring a secure network connection with advanced technologies like account abstraction and ZK encryption. Users interact with Lucy using natural language for an intuitive experience. For example, a user wanting to purchase $100 worth of $AGI can easily do so through Lucy, which gathers necessary information and formulates an efficient workflow. Lucy provides all the essential details, including execution steps and potential fees, allowing the user to make an informed decision.

What’s Next

Lucy is currently undergoing testing with key partners and will soon be available to the public. Alongside the Agent ID, Lucy will act as the operating system in a network of Autonomous Agents, enabling connections and access to various agents that provide services within the network.

Lucy represents a significant milestone in the development of AI Agents for Web3 interaction. With its advanced capabilities in natural language understanding, custom triggers and workflows, and future enhancements, Lucy empowers users to navigate the world of Web3. Serving as the central hub for accessing a diverse range of AI Agents within the Delysium “YKILY” AI Agent Network, Lucy provides services such as intelligent trading, DEX aggregation, and targeted information.

To experience the seamless and intelligent web3 experience that Lucy offers, users are invited to sign up for an Agent ID and stay tuned for its public availability.

About Delysium

Delysium presents a streamlined architecture to underpin an advanced AI-Agent Network and supporting ecosystem with a focus on ensuring security, scalability, and high-speed communication.

Visit www.delysium.com to learn more.

Hooked Protocol Unveils Education Launchpad, Debuting with Groundbreaking BRC20 Project TUNO 11568

Hooked Protocol (‘Hooked’), the world’s first Web3 social learning platform, proudly introduces Hooked Education Launchpad. As part of Hooked 2.0, it serves as a fair launch platform, empowering qualified projects to educate the community for perpetual growth. The initiative not only supports emerging forces but also drives innovation in Web3, building a diverse ecosystem through collaborative projects and rewarding active involvement.

Hooked Education Launchpad embraces a unique fair launch model, utilizing the $HOOK token for a streamlined process. This exclusive opportunity caters to early-stage projects, facilitating their growth and interaction within the Web3 community. Through a secure liquidity pool feature, early-stage initiatives can incentivize active participation and engagement, offering token rewards before their official public launch. This mechanism not only helps the projects with liquidity but also nurtures a community of eager learners and early adopters.

The launch of the Hooked Education Launchpad marks an exhilarating milestone with the introduction of the first BRC20 project, TUNO. In the dynamic landscape of the burgeoning Bitcoin ecosystem, TUNO emerges as a pioneering solution. It seamlessly combines the liquidity of the Bitcoin network (BTC) with EVM networks, integrating flawlessly within the interconnected Hooked Ecosystem. This innovation unlocks unprecedented liquidity, revolutionizes token transfers, and propels the expansion of Bitcoin, creating a seamless bridge between networks.

With the debut of the Education Launchpad and the introduction of TUNO, starting December 28th at 12 UTC, participants can now engage by staking between 20,000 to 200,000 $HOOK tokens for 30 days in the launch pool to earn $TUNO shares for free, staking 20,000 $HOOK can yield 1 Reward Share, equivalent to 10,000 $TUNO. This integration of theoretical learning with practical experience, along with thoughtfully designed incentives, allows users to stake $HOOK tokens without additional costs, earning rewards proportionate to their stake, which not only benefits the Hooked community directly but also reflects its commitment to an impactful educational approach.

With the initial unveiling of TUNO, Hooked showcases its pioneering role within the BRC20 projects and Bitcoin ecosystems, highlighting its proactive approach to exploring industry trends and providing users with enticing opportunities in pioneering projects and ecosystems. As Hooked Protocol introduces HOOKED 2.0, its commitment to reshaping Web3 education becomes even more resolute, remaining steadfast in its dedication to innovative Web3 education and the continuous empowerment of perpetual growth for everyone.

About Hooked Protocol

Hooked Protocol is the world’s 1st Web3 social learning platform, transforming over 10,000,000+ users. Our vision is to create an immersive open educational network for billions of people, to educate and engage the global community in embracing Web3, and master Web3 for perpetual growth.

At Hooked, we aim to achieve on-chain education success by building an AI-driven Web3 social learning metaverse, where people engage in learning, socialise with networks, and enjoy web3 success in the connectivity of systems of both virtual economy and real-world assets. Join us at Hooked Protocol, where the future of education meets the potential of Web3.