Thursday, January 5, 2023

The DGTA does not see its tokens as securities in any way

Users of the Digitra platform can access a variety of functions by exchanging DGTA tokens. The DGTA does not see its tokens as securities in any way. The only way to access the Digitra website is with a token that was granted by the DGTA. Purchasing DGTA tokens does not give you ownership of Digitra, or the ability to vote or administer the platform. In the event that unanticipated events take place, it is possible that the DGTA project and token attributes described in this whitepaper will undergo revisions or be removed entirely. Tokens for the DGTA cannot be purchased anywhere designated by Digitra, including the United States. If you reside in the United States, have a place of business there, or are employed there, you are unable to utilize DGTA tokens. In certain nations, the use of DGTA tokens and the services they enable may be unlawful.

#DIGITRA #ICO #CRYPTO #BITCOIN


Cardano Daily Discussion - January 06, 2023

Hello everyone,

Welcome to the Cardano Daily Discussion!

The standard sub rules apply here (see sidebar), with the exception that price discussion is allowed in this thread, though we encourage you to try not to make this the focus and talk about the project itself. Please ask questions, help others and be civil - be sure to get involved in Project Catalyst too!

If you're new, please make sure you're read through the newbies guide and share it with others (use the ?newbies comment command to reference it).

⚠️ Scam Warning ⚠️

Please read the Cybersecurity guidelines for Cardano Users.

There are ongoing giveaway scams on youtube and many scammers lurking in Cardano's social channels impersonating ambassadors/moderators/official staff contacting users via direct messages.

For example, searching 'cardano' on youtube and sorting by most recent upload date shows several giveaway scams running (all videos in screenshot are scams):

Ongoing 'giveaway' scams on Youtube

The youtube scams are automated; use stolen footage usually of Charles Hoskinson and are restreamed so to appear to be 'live'; appear to have many watchers (which are bots); use bought hacked channels and are edited to appear like official channels.

Do not be fooled!

To be clear:

  • ⚠️ There is no such thing as a Cardano giveaway
  • ⚠️ Never share your seed phrase with ANYONE
  • ⚠️ Never send ADA to someone promising to send you more ADA back
  • ⚠️ You will never be contacted by ambassadors/moderators/staff

Please report scams on the Cardano Fraud Detection Bureau.

⚠️ Scam Warning ⚠️

https://preview.redd.it/60ofludzpq8a1.png?width=284&format=png&auto=webp&s=aed52fbdcc57c4593d065c9396e11623f949280d

Midnight Subreddit

In anticipation of Input Output's new data protection blockchain 'Midnight', I've managed to acquire r/Midnight through some negotiation and repurpose it for the Cardano Community (the sub was created for a card game back in 2011 but was mostly unused).

I decided to do this as I thought the project will eventually need a home on reddit and best to setup now before any scammers do. Obviously there's not much to post about on there right now as it's early days as the project is yet to be released, but if you'd like to be kept up to date on the project please feel free to join the new subreddit if the project interests you and I'll be sure to post updates as and when they become available.

Right now the sub is mostly a carbon copy of r/cardano, I've copied most of the automod and rules over, so certain aspects may seem a little incongruent atm, but I'll tailor and tweak the sub as we go. Feel free to send me or post any input if you want stuff to change.

Cheers all


Friday, 6th January 2022

The Daily Spin. First Friday Edition. Wow, what a first week it has been for the world of crypto. As with 2022, we’ve managed to keep the attention of the public eye through extreme lows and extreme highs. As a matter of fact, keeping the interest of the public may actually contribute to the price of Bitcoin holding quite steady – as people look to see what’s going to happen next. But in this first week of the year, whether the bottom is officially in or not; some very interesting market behaviors are flashing right this very moment, with the decoupling of crypto prices and stock market prices. To be even more precise, crypto companies are being propped up; while at the same time, their syndicated equities markets are dropping in share price. Greyscale, DCG, Silvergate to name a few… there’s so much happening in the space right now, I’m going to reduce today’s summary to one-word sentences and get on with the actual news.

Silvergate. 3AC. Liquidations. DCG. Gemini. Chapter 11. Subpoenas. Mashinsky. Justin. Tron. USDD. Huobi. Blackrock. Goldman. CoreScientific. Ant. FTX. Congress. Solana. BONK. NFT. Mutants. Rug. CoinDeal. Dubai. SEC. ECB. CBDC. China. Quantum. Shopify. AVAX. UTXO. Bitcoin. Falling. Wedge. Unpack. That…is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed now after the holiday season with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform
https://twitter.com/CoinwebOfficial/status/1610610603412041728?s=20&t=ujtXi4IDhi6jFT7zbOZ8DA

Coinweb to Deliver Cross-Chain Smart Contract Architecture and Blockchain Loyalty Programme to BMW
https://cryptoslate.com/bmw-to-bring-blockchain-loyalty-program-through-coinweb-and-bnb-chain/

Block Tides' exclusive interview with Coinweb at the London Digital Asset Week
https://www.youtube.com/watch?v=jmPk_74nNlw

Toby’s Presentation at CryptoExpo Thailand, Oct 8
https://www.youtube.com/watch?v=FfUdcHFMXHg

Toby quoted in “Decoding cryptocurrency market: Can cryptos finally bounce back in 2023 after 2022 devastation”
https://www.ibtimes.co.in/decoding-cryptocurrency-market-can-cryptos-finally-bounce-back-2023-after-2022-devastation-855336

Latest Video Release: Liquidity Pools Explained (Part I) (4mins)
https://youtu.be/Z5byW7OOMP8

KuCoin Labs launches incubation program to accelerate builders (Coinweb, DoraHacks, Ava Labs)
https://cointelegraph.com/press-releases/kucoin-labs-launches-incubation-program-to-accelerate-builders

“Coinweb’s Cross-chain Routing System and Eliminating Platform Risk” a Thread by Anton on Twitter
https://twitter.com/coinwebofficial/status/1602615630879985664?s=46&t=yj1lrGctwO-5NBlfjKPvUg

Toby Interviewed at the Benzinga Future of Crypto Conference, Dec 7 (New York)
https://www.benzinga.com/markets/cryptocurrency/22/12/30022360/coinweb-is-making-a-splash-as-a-leading-layer-two-platform

World Blockchain Summit, Dec 8-9 (Bangkok)
https://coinweb.io/events/its-a-wrap-for-2022-world-blockchain-summit/

Crypto AM Summit and Awards, Nov 23-24 (London)
https://twitter.com/tobycoinweb/status/1595909263263662081?s=46&t=V-EQfqnAOG7fXAWZ3sMk1Q

“Understanding the Great Crypto Tradeoff” by Toby Gilbert
https://dailyhodl.com/2022/11/16/understanding-the-great-crypto-tradeoff/

“The Time is Now for Blockchain” article on Times of Malta
https://timesofmalta.com/articles/view/time-now-blockchain-a2.994854

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

World Crypto Conference, Jan 13-15 (Zurich)
https://worldcryptoconference.org/

Coinweb’s 1st Event in Collaboration with Offchain Sydney, Jan 18 (Sydney)
https://coinweb.io/events/the-1st-event-of-23-coinweb-x-offchain/
https://offchain.social/events/january-18-2023-sydney/

European Blockchain Convention, Feb 15-17 (Barcelona)
Interop Summit, Feb 27-28 (Denver)

Blockchain Life 2023, Feb 27-28 (Dubai)

On the Block(chain)

Silvergate Capital bank forced to sell assets at loss, fires 40% of staff
https://cryptoslate.com/silvergate-capital-bank-forced-to-sell-assets-at-loss-fires-40-of-staff/

DCG Confirms Shutdown of Wealth Management Subsidiary HQ
https://decrypt.co/118533/dcg-hq-shut-down-genesis-layoffs

Update: Genesis sacks 30% of workers, may file for Chapter 11 bankruptcy
https://cryptoslate.com/genesis-sacks-30-of-workers/

Fake Solana NFTs Are Being Sold on Magic Eden in 'Massive' Exploit
https://decrypt.co/118412/fake-solana-nfts-magic-eden-massive-exploit

Research: Bitcoin super whales remain aggressive accumulators, retail sells
https://cryptoslate.com/research-bitcoin-super-whales-remain-aggressive-accumulators-retail-sells/

Research: Bitcoin UTXOs grow despite bear market
https://cryptoslate.com/bitcoin-utxos-grow-despite-bear-market/

New York Attorney General files lawsuit against Celsius’ Alex Mashinsky for defrauding investors
https://cryptoslate.com/new-york-attorney-general-files-lawsuit-against-celsius-alex-mashinsky-for-defrauding-investors/

Institutional Crypto Investments Dropped 95% to $433 Million in 2022
https://decrypt.co/118425/crypto-investment-falls-95-percent-to-433-million-2022

Competitive Landscape

Coinbase Settles for $100M With Regulators Over Compliance System
https://cryptobriefing.com/coinbase-settles-for-100m-with-regulators-over-compliance-system/

Huobi Exchange Token Down 11% on Reports of Layoffs, Internal Strife at Company
https://www.coindesk.com/markets/2023/01/06/huobi-exchange-token-down-11-on-reports-of-layoffs-internal-strife-at-company/

Pionex removes Huobi’s market-making funds
https://cryptoslate.com/pionex-removes-huobis-market-making-funds/

Hong Kong Crypto Mogul Aims to Raise $1 Billion for Web3 Fund
https://www.bloomberg.com/news/articles/2023-01-05/hong-kong-crypto-mogul-aims-to-raise-1-billion-for-web3-fund

3AC Founders Kyle Davies and Su Zhu Tagged in Tweet Delivering Court Subpoena
https://decrypt.co/118514/3ac-founders-kyle-davies-su-zhu-twitter-subpoena

3AC Liquidators issue subpoena to 3AC co-founder Kyle Davis
https://cryptoslate.com/3ac-liquidators-issues-subpeona-to-3ac-co-founder-kyle-davis/

Solana’s Doge-Themed BONK Drops 54% After Bonkers 3,300% Gains
https://decrypt.co/118502/solana-doge-themed-bonk-bonkers-price-drop

BONK diluted market cap crashes $140M, Whitepaper link added
https://cryptoslate.com/bonk-diluted-market-cap-crashes-140m-whitepaper-link-added/

Fantom developers to receive up to 15% as revenue from gas monetization
https://cryptoslate.com/fantom-developers-to-receive-up-to-15-as-revenue-from-gas-monetization/

Fan tokens rise by 7% following UPbit listing
https://cryptoslate.com/fan-tokens-rise-by-7-following-upbit-listing/

World

Dow Falls 300 Points As Worsening Layoffs Confirm Tech Selloff Could Linger ‘A While Longer’
https://www.forbes.com/sites/jonathanponciano/2023/01/05/dow-falls-300-points-as-worsening-layoffs-confirm-tech-selloff-could-linger-a-while-longer/?sh=5a9716f24417

Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan
https://www.forbes.com/sites/ywang/2023/01/04/jack-mas-ant-group-gets-regulatory-nod-for-15-billion-capital-increase-plan/?sh=20f2421f3467

Exclusive Transcript: The Full Testimony Bankman-Fried Planned To Give To Congress
https://www.forbes.com/sites/stevenehrlich/2022/12/13/exclusive-transcript-the-full-testimony-sbf-planned-to-give-to-congress/?sh=50a2b2c53c47

DOJ Files Charges Against Alleged Mutant Ape Planet NFT Rug Pull
https://decrypt.co/118530/doj-charges-mutant-ape-planet-nft-rug-pull

Shopify Merchants Can Now Sell Avalanche NFTs Through Their Online Stores
https://decrypt.co/118449/shopify-merchants-can-now-sell-avalanche-nfts-through-their-online-stores

CoinDeal Scammers Nailed By SEC in $45 Million Fraud Case
https://decrypt.co/118451/coindeal-scammers-nailed-by-sec-in-45-million-fraud-case

Dubai’s New Crypto Law Attracts Bybit And Crypto.com To Set Up Local Offices
https://www.forbes.com/sites/zinnialee/2022/03/29/dubais-new-crypto-law-attracts-bybit-and-cryptocom-to-set-up-local-offices/?utm_medium=browser_notifications&utm_source=pushly&utm_campaign=2586716&sh=389777ee2d92

FTX engineering director Nishad Singh is being probed by U.S. authorities
https://cryptoslate.com/ftx-engineering-director-nishad-singh-is-being-probed-by-u-s-authorities/

ECB calls for crypto regulation, expedited CBDCs deployment
https://cryptoslate.com/ecb-calls-for-crypto-regulation-expedited-cbdcs-deployment/

France’s top bank official calls for mandatory crypto licensing rules
https://cryptoslate.com/frances-top-bank-official-calls-for-mandatory-crypto-licensing-rules/

Thought Leadership

Beware Off-The-Shelf IP License Agreements for NFTs
https://bravenewcoin.com/insights/beware-off-the-shelf-ip-license-agreements-for-nfts

Chinese Researchers Claim They Cracked Encryption with Quantum Computers
https://decrypt.co/118529/chinese-researchers-claim-to-have-cracked-encryption-with-quantum-computers

Most Impressive NFT Projects of 2022
https://decrypt.co/117332/most-impressive-nft-projects-2022

Highest number of crypto layoffs seen in 2022
https://cryptoslate.com/highest-number-of-crypto-layoffs-seen-in-2022/

Pompliano and Shellenberger clash over validity of Bitcoin
https://cryptoslate.com/pompliano-and-shellenberger-clash-over-validity-of-bitcoin/

https://preview.redd.it/tkcobg2yycaa1.png?width=653&format=png&auto=webp&s=c2527616f6e293e3261d420eeafc5b53104e5f7d


“An NFT of a diploma in your crypto wallet, for instance, would turn into a permanent academic certification.”

One-quarter of the global populace is going to be spending at least an hour a day in the metaverse by 2026, according to tech consulting firm Gartner, for shopping, gaming, education and more. But at some point, people are going to have to demonstrate that it’s really them behind the avatar.

That’s just one reason many believe that decentralized identity (DI) is likely to play an increasingly important role in Web3’s evolution. And even if DI has been generally overlooked by mainstream media, recent events suggest that is about to change.

Consider that in July, the World Wide Web Consortium (W3C) announced a new standard for decentralized identifiers, culminating years of mostly quiet work and deliberations in this area. In August, Gartner proclaimed DI a “must-know” emerging technology, where people can “control their own digital identity by leveraging technologies such as blockchain […] along with digital wallets.” Earlier this year, Ethereum co-founder Vitalik Buterin proposed Soulbound Tokens (SBTs), which would include many DI elements in a non-transferable NFT format.

Sometimes called self-sovereign identity (SSI), decentralized identity can play a key role in mitigating fraud, data breaches, social engineering and theft in the expanding metaverse, say technologists, but perhaps more importantly, it may impact broad and diverse sectors of human endeavor, including education, healthcare, law, travel and employment.

https://preview.redd.it/jqo3aw8vtcaa1.png?width=600&format=png&auto=webp&s=0c3fb6025ca51c53428fcc757ad46b4ba1451cab

“I believe that SSI will be revolutionizing how we perceive identity management in the upcoming years,” Adam Gągol, co-founder of Aleph Zero, tells Magazine, while others suggest it is on course to disrupt traditional identity management.

“I’m not sure I would say ‘disrupt’ as much as ‘catalyze,’” Scott Kominers, an associate professor at Harvard Business School who has written about DI, tells Magazine. “My hope is that decentralized identity solutions will make existing sources of information on individuals’ background, activity history and interests more powerful and useful than before.”

“An NFT of a diploma in your crypto wallet, for instance, would turn into a permanent academic certification,” Kominers and Jad Esber wrote recently in a Future article.

Decentralized identity won’t necessarily exclude a bit of fun along the way, either. “With public histories, it would be possible to prove that you were early to a trend or active in a project before it took off — like, say, being into Taylor Swift before she was popular,” Kominers and Esber noted.

Recent events, like the collapse of the FTX crypto exchange, suggest other possible uses for DI/SSI, which can be applied to organizations as well as people. Fraser Edwards, CEO and co-founder at Cheqd, envisions “audit opinions issued as VCs [verifiable credentials], where the focus is less on sovereignty and identity but more on trusted data and reputation — i.e., ‘Do I operate in good faith?’ Or simply, ‘Am I trustworthy?’” he tells Magazine.

Decentralized identifiers and verifiable credentials

DI has two main components: decentralized identifiers (DIDs), which are like traditional identifiers — a legal name, an email address, a social security number, etc. — with the key difference that DIDs are controlled and sometimes even issued by individuals. An example would be an Ethereum account. You can create as many Ethereum accounts as you like and share them with whomever you like. There is no central repository. They reside on an encrypted decentralized digital ledger — i.e., a blockchain.

The second component is verifiable credentials (VCs). These can be derived from familiar credentials such as diplomas, library cards and passports, but again, they are not held on a centralized repository with a single point of control or failure, but on a blockchain where they can be read by machines. They offer familiar benefits like persistence and accessibility, but also more technical ones like cryptographic verifiability (your identity is more secure because it is encrypted) and resolvability — i.e., it’s possible to discover metadata about a user from that person’s DID.

https://preview.redd.it/zqucd0dwtcaa1.png?width=600&format=png&auto=webp&s=34e5cd4c1ea2dfbefd43d76e5852f399aedc4c46

Kim Hamilton Duffy, director of identity and standards at Centre Consortium, offers this example of how decentralized identifiers and credentials might work in an education and employment context:

A fictional “Sally” earns a master’s degree from the University of Oxford for which she receives a “digital diploma that contains a decentralized identifier she provided. This digital diploma is signed using a decentralized identifier which has been published and verified by the University of Oxford.”

Over time, Sally updates the cryptographic material associated with her DID, adding biometric protections and also a quantum-resistant algorithm. “A decade after graduation, she applies for a job in Japan, for which she provides her digital diploma by uploading it to the prospective employee’s website.” A decentralized identifier authenticates that she is the actual recipient of the degree. Moreover:

Cryptographic authentication provides a robust verification of her claim, allowing the employer to rely on Sally’s assertion that she earned a master’s degree from the stated university without having to contact the university directly.”

Generally speaking, DI has grown with the expansion of blockchain technology, and almost all DI use cases involve a cryptographically secure blockchain at some point. DI is also developing along with zero knowledge technologies that, for example, “enable individuals to prove they own or have done something without revealing what that thing is.” A person applying for a mortgage, for example, would be able to prove that their income falls within a certain approved band without revealing to the bank their actual salary.

An important milestone?

The DI movement has arguably been flying under the radar, but the recent agreement on DI standards makes for faster progress. “The announcement of DID Core as a W3C recommendation is a very important milestone, something that many DI and SSI projects have been waiting for,” Markus Sabadello, CEO at Danube Tech, tells Magazine. It’s a signal to the whole ecosystem that the technology is ready, “not just for experimentation and proofs of concept but for serious solutions to real-life projects.”

“The W3C DID standard’s importance is on par with phone numbers or email address standards’ vitality,” Rouven Heck, decentralized identity lead at ConsenSys Mesh and executive director at the Decentralized Identity Foundation, tells Magazine. “A high level of interoperability becomes possible once every provider uses the same specification.”

Today, Big Tech players like Microsoft are conducting pilots, and even some governments, including the United States, Canada the European Union, Germany and Finland, have been looking at DI “as a tool to improve state-backed identity solutions,” notes Heck.

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Still, the movement is arguably waiting for its first big use case. Pilots are happening at the fringes and are often modest in scope.

Germany, for instance, recently launched a private/public DI pilot for the travel and hospitality sector. Data from government ID cards and employee certificates were extracted and merged to create a single verifiable credential so that when a company employee checked into one of the 120 German hotels participating in the project, the front desk operator learned immediately from a swipe of the QR code on the guest’s mobile device that “this is really a traveler from that corporation and is allowed to use whatever services we have in in the contract,” reports Florian Daniel, chief information officer of Deutsche Hospitality, who added that the trial will soon be expanded beyond Germany’s borders.

It may seem surprising that pilots like these are happening in areas like travel rather than in healthcare or education or other places where the need for DI/SSI solutions seems more urgent. But cases like the travel example “are more straightforward to pilot, as less sensitive data is involved,” Heck tells Magazine.

Distributed identity’s impact in healthcare

Healthcare is one sector where DI could really change things. It sometimes defies common sense that a person’s health records are stored for years within a single hospital. At a minimum, decentralized identifiers would make it easier for individuals to change health service providers and platforms, but challenges remain.

“For clinicians, DIDs are much more of a sure thing because they enable better reputation registries and reduce the dependence on hospitals and other institutions as keepers of a clinician’s reputation,” Adrian Gropper, a medical doctor and chief technology officer of Patient Privacy Rights — a national organization representing 10.3 million patients — tells Magazine.

https://preview.redd.it/gchqw54ytcaa1.png?width=600&format=png&auto=webp&s=c977d001bf956979134668500e7af47d474a5a8a

How close is DI to mainstream adoption in the healthcare sector? “It will take many years,” says Gropper, explaining:

The single biggest obstacle is that clinicians have allowed hospitals to control their access to patient records, and hospitals have little incentive to break their control… and risk disintermediation from the clinician-patient relationship.”

DI solutions may be closer to fruition in areas like retail business. The convenience store sector has developed a DI solution called TruAge that’s aimed at curtailing underage purchases of products like alcohol and also restricting the amount of certain other products that can be purchased, Peter Steele, vice president of research at The Pinnacle Corporation, tells Magazine.

The system allows consumers to carry digital proof of their age on their mobile phones, “which can be scanned at a POS [point of sale] to approve age-restricted purchases,” says Steele, adding:

It might be possible for an ‘adult’ to purchase a large number of vape products and then give them to kids. But with TruAge, they will be restricted from purchasing a large quantity — and that restriction is across all stores, not just one type of store, or a single store.”

TruAge is now being implemented by POS suppliers, adds Steele, but “it will take a few years before it becomes ubiquitous.”

Government’s role in decentralized identity

Many governments are also following DI progress. State agencies are likely to remain the primary issuers of many identifiers like driver’s licenses, birth certificates and social security numbers, even though DIDs and related technologies will eventually give governments less control over them, says Sabadello.

“I think it will take a few more years, but there are already several governments investing into DID technology,” he says. “The EU Commission has been promoting the EBSI/ESSIF infrastructure — which is based on DIDs — as a key building block of a European digital identity framework.”

The U.S. government is also looking into DI solutions. As reported, the U.S. Department of Homeland Security contracted with Danube Tech several years back to develop blockchain security solutions for digital documents like passports and green cards. Eventually, military commanders could send orders to troops in the field across decentralized digital networks, Sabadello tells Cointelegraph, and the soldiers could verify the order using DI solutions.

“In many EU countries, we already see the exploding popularity of gov-tech solutions allowing users to identify themselves using a smartphone app,” says Gągol. One-time Know Your Customer protocols replacing repeated uploads of passports, drivers licenses, health certificates, etc. should prove popular, though this will require “much more privacy-aware solutions, as typically a lot of sensitive data is passed around in the KYC process,” Gągol adds.

Questions about SBTs

Buterin created something of a stir in SSI quarters with his May paper on non-transferable “soulbound” tokens. Does the future belong to privately controlled digital wallets that contain one’s education and employment credentials, but also some social identifiers like “fanships” and recent travel destinations?

“With NFT-based DI/SSI — or soulbound tokens — users can choose to supply or omit as much identifying information as they like,” Amit Chaudhary, head of DeFi research at Polygon, tells Magazine. “The end-user is in control of their information and decides how much they want to interact with or be targeted by businesses and marketers — if at all.”

Others aren’t so keen on SBTs, however. “I do not like the concept of incentivizing users to have a single wallet,” Gągol tells Magazine. Nor does he think that the vast majority of identity-related features like employment credentials, fan club memberships, etc. “should be private by default and revealed only at the request of the user.”

Some types of identity information, including academic credentials like diplomas, “should be ‘soulbound’ in the sense that the information is tied to the individual rather than being tradable,” says Kominers. But others say using NFT tokens like SBTs to represent specific identifiers may not be appropriate, “as this leads to a correlation of an individual’s activities and, therefore, their identity,” Alastair Johnson, founder and CEO of Nuggets, tells Magazine.

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A boon for the developing world?

Identity-related problems, including certification fraud, loom especially large in the developing world. According to the World Bank, some 1 billion people on the planet have no way of verifying their identity, which vastly limits their access to digital services.

“These problems are very large, yes,” says Snorre Lothar von Gohren Edwin, co-founder and chief technology officer of Diwala. The problems that existed with regard to identity in the U.S. and Europe 15 years ago are now bubbling up in Africa, he tells Magazine.

Diwala, which claims to be the first company to develop blockchain-enabled digital credentials on the African continent, has built a platform in Uganda that allows “skill providers” to issue digital certificates to trainees, recruiters or employers that can be easily verified online. The company claims to have issued over 10,000 credentials to people and businesses across East and West Africa, with 67% customer growth in 2022.

Scalability and usability questions

Obstacles remain before DI becomes commonplace, however. Can the technology be scaled up? Will DI as currently constituted be usable not just by businesses but by private individuals?

On the first question: DI proponents are often insistent that private information in the future be shared on a need-to-know basis. Optimally, says Gągol:

Users should have an option of performing a very exhaustive KYC for the purpose of uploading the data to the ID system, but then they should only selectively disclose the information that is absolutely necessary for a given platform.”

Only binary information should be required. For example, is the buyer old enough to purchase alcohol in an online shop: Yes or no? Still, the technology to do this may not be up to speed at present, Gągol tells Magazine. “Such selective reveals are certainly possible with zk-SNARK technology, but we are yet to see a large-scale deployment of such solutions.”

https://preview.redd.it/jmmupwkztcaa1.png?width=600&format=png&auto=webp&s=fdfc0bca5d38e0e388480986d6d6a5267abbf8b5

Usability must get better before DI goes mainstream, too. “We need user-friendly digital wallet solutions that can make building one’s decentralized identity intuitive and accessible to the broader population,” Kominers says.

DI’s components — DiDs, VCs and personal datastore protocols — are each “incredibly powerful” on their own, Daniel Buchner, head of decentralized identity at Block, tells Magazine. But so far they have been mostly deployed for relatively narrow use cases, usually in the business world.

Solutions do not offer “sufficient utility or new experiences to consumers that are toothbrush-frequent in use,” Buchner says.


Samsung's quarterly profit could fall to a six-year low.

According to analysts, the operating profit of Korean Samsung Electronics for the past quarter should decline in annual comparison by 50-58% to a six-year low corresponding to the range from $4.62 to $5.64 billion in equivalent value. The situation on the memory market will not contribute to the rapid recovery of positive dynamics.

Analysts are prompted to such forecasts by the negative dynamics of prices for memory chips, the largest manufacturer of which is a South Korean company. According to some estimates, the dynamics of memory price decline in the current environment is close in its drama to the events of 2008, when the global financial market was in the grip of a global crisis. Everything is exacerbated by an unfavorable combination of lower demand and overstocking of warehouses, which has not been observed in the previous ten years... Detail: https://bitcoingrandee.com/posts/96 NEWS u/Cryptocurrency u/Dogecoin u/Bytecoin u/Bitcoin u/Blockchain u/Business u/News u/SamsungElectronics u/Samsung

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Crypto Token Development Company

Crypto tokens are digital assets that exist on a blockchain network, used as a form of payment or to provide access to certain goods and services in the case of utility tokens. They’re often referred to as “crypto tokens,” since they’re similar to crypto like Bitcoin and Ether. But unlike cryptocurrencies, crypto tokens don’t represent their unit of value. Instead, they are created and issued by companies, for instance, a Crypto Token Development Company in India for use within their ecosystems.

Crypto tokens provide users with direct access to products and services from a company that might not otherwise be available. For example, if you wanted to buy a ticket for an event without going through a third-party provider like Ticketmaster or AXS, you might be able to buy it using a company’s token. You could also pay for goods and services by exchanging your crypto tokens for them directly on the company’s platform.


Seedshift - steganographically encrypt your seed words

Pertaining to recent events (both the FTX collapse and LastPass hack), self-custody of your crypto and with it safe backup of your mnemonic seed words has never been more warranted I think. I keep my seed words secured in a local KeePass database in a few different places, but this guy kept them on LastPass. I wrote this script a few years ago to be able to securely write them down in an easy human-readable format and not have to worry about it even if a thief/hacker came across them: https://github.com/mifunetoshiro/Seedshift

It steganographically encrypts your English mnemonic seed words using a date shift cipher, and optionally obfuscates them by mapping them to the Unicode characters in the Traditional Chinese BIP-39 wordlist. There is also an option to split the encrypted/obfuscated seed words into 2-out-of-3 recovery sheets.

Note that you do not need this script to encrypt/decrypt your seed words with a date shift cipher, you can do all of it by hand on a piece of paper. Please read the "Safe usage" section on GitHub!

Example usage:

Let's say oppose duck hello neglect reveal key humor mosquito road evoke flock hedgehog are your seed words. The script takes dates in YYYY-MM-DD format. So let's say you use 3 dates: your mother's birthday is 1963-07-10, your father's birthday is 1956-04-27, and your birthday is 1994-01-31. The script will automatically sort the dates from oldest to newest (you don't have to input them in that order) and split each in 3 parts (year, month, day) which will be used to right-shift the words' positions in the English BIP-39 wordlist. In the above example: 1956, 4, 27, 1963, 7, 10, 1994, 1, 31. The script will shift the words and output a table with the shifted words, their number and the Unicode codepoint of the Chinese counterpart character in the Traditional Chinese wordlist (if present):

| # | Original | Number | Shifted | Encrypted | Number | Chinese | |----|----------|--------|---------|-----------|--------|---------| | 1 | oppose | 1245 | 1956 | mosquito | 1153 | 5BF6 | | 2 | duck | 543 | 4 | dust | 547 | 5B57 | | 3 | hello | 855 | 27 | hotel | 882 | 6162 | | 4 | neglect | 1185 | 1963 | maximum | 1100 | 7238 | | 5 | reveal | 1476 | 7 | rich | 1483 | 6C2E | | 6 | key | 977 | 10 | kitten | 987 | 6FC3 | | 7 | humor | 889 | 1994 | hair | 835 | 4E4E | | 8 | mosquito | 1153 | 1 | mother | 1154 | 5348 | | 9 | road | 1496 | 31 | salute | 1527 | 95CA | | 10 | evoke | 625 | 1956 | dream | 533 | 52E2 | | 11 | flock | 715 | 4 | flush | 719 | 932F | | 12 | hedgehog | 853 | 27 | hospital | 880 | 4E95 | 

To decrypt them and get back your original seed words, the script will accept the encrypted words, their numbers or the Unicode codepoints and the same dates you used to encrypt them (again, you can also do all of this by hand and don't need the script at all).

Note that the last encrypted word will most likely not be a valid checksum word (in the above example, hospital is valid, though). Having a valid checksum last word can provide plausible deniability in that the encrypted words are in fact encrypted, as they are valid BIP-39 seed words. You could even store a small amount of coins there, so if someone ever steals/uses your seed words, that's all they're going to think you have. The script can generate a valid last checksum word for your encrypted words if you want to replace it (if it's already valid, the script will tell you so, and you don't have to replace it). If you choose to replace it, you will have to remember or write down your original or encrypted last word as well, or you will optionally have to bruteforce/generate all valid checksum words with this script and test them one by one (there are 128, 64, 32 and 8 valid checksum words for 12, 15, 18 and 24 seed words, respectively)!

You can store the Chinese Unicode codepoints in multiple ways, since each is 4 characters long (just remember this fact when you want to rebuild your original seed words). You could write it unchanged: 5BF6 5B57 6162 7238 6C2E 6FC3 4E4E 5348 95CA 52E2 932F 4E95, or, to make it look even more random, as a bunch of hexadecimal characters that return useless nonsense when converted back to text ([ö[Wabr8l.oÃNNSHÊRâ/N), you could write it without spaces: 5BF65B57616272386C2E6FC34E4E534895CA52E2932F4E95, you could write it with a space every 2 characters: 5B F6 5B 57 61 62 72 38 6C 2E 6F C3 4E 4E 53 48 95 CA 52 E2 93 2F 4E 95, you could group two or more together: 5BF65B57 61627238 6C2E6FC3 4E4E5348 95CA52E2 932F4E95, etc. I included "mapping_table.txt" and "mapping_table_unicode_sorted.txt" files for manually looking up and converting the Unicode codepoints.

Optionally, the script can output a 2-out-of-3 recovery sheets like this:

| Sheet 1 | Sheet 2 | Sheet 3 | |----------------------------|----------------------------|----------------------------| | #1: mosquito / 1153 / 5BF6 | #1: mosquito / 1153 / 5BF6 | #2: dust / 547 / 5B57 | | #2: dust / 547 / 5B57 | #3: hotel / 882 / 6162 | #3: hotel / 882 / 6162 | | #4: maximum / 1100 / 7238 | #4: maximum / 1100 / 7238 | #5: rich / 1483 / 6C2E | | #5: rich / 1483 / 6C2E | #6: kitten / 987 / 6FC3 | #6: kitten / 987 / 6FC3 | | #7: hair / 835 / 4E4E | #7: hair / 835 / 4E4E | #8: mother / 1154 / 5348 | | #8: mother / 1154 / 5348 | #9: salute / 1527 / 95CA | #9: salute / 1527 / 95CA | | #10: dream / 533 / 52E2 | #10: dream / 533 / 52E2 | #11: flush / 719 / 932F | | #11: flush / 719 / 932F | #12: hospital / 880 / 4E95 | #12: hospital / 880 / 4E95 | 

Write down and store each sheet separately at a different location.


Market Analysis & Economic Calendar

Market analysis involves studying the macro and micro environmental factors that affect the market. The economic calendar is a tool that provides investors with a timeline of events that can potentially affect the stock market. The economic calendar is a valuable tool that helps investors make informed decisions. For more information, visit our website: https://fxt.exchange/

#investment #marketanalysis #bitcoin #blockchain #forextraing #money

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