Bitcoin
GSB presents its latest development and technology with the GSTelecom App
The world of technology continues to adapt to the needs of humanity today, growing and expanding at an exponential rate, and this clear and accurate statement is especially true for blockchain technology.
We are in the tenth year since the successful history of the blockchain, a technology that first became known through Bitcoin, a cryptocurrency based on a decentralised ledger system, then through the Ethereum Foundation, and now through many software and high-tech companies and communities working around the clock to develop services and products for and especially through blockchain.
One such company, led by its Chairman of the Board Josip Heit, with the corporate structure of a software powerhouse, is GSB Hamburg AG, based in the legendary port city of Hamburg, in the north of Germany, with the name and brand for itself created in this field since 2011 and made famous by successful innovations, such as the G999, among others, in the field of technology.
Their latest announcement of a new development that GSB plans to bring to the international market is their GSTelecom application. This is a blockchain-secured and operated platform that allows all users to send and receive voice chats, messages and pictures, all encrypted over the blockchain.
A blockchain is a continuously expandable list of data records, also called “blocks”, which are chained together using cryptographic methods. Each individual block typically contains a cryptographically secure hash (scatter value) of the previous block, a timestamp and transaction data, making fraud and manipulation impossible and assuring users of absolute security.
How this works has been successfully proven for centuries and, among other things, stops any kind of unsolicited as well as unwanted eavesdropping. In the short explanation, one understands the technique within seconds, because in this equally ingenious and above all ingenious technique, two sticks are symbolically placed next to each other and scratched across, whereby each notch corresponds to a debt to be assumed. The creditor takes one stick, the debtor the other. The creditor will not be able to add a notch and the debtor will not be able to remove one, since the comparison of the two sticks would immediately reveal the forgery.
Pretty simple, isn’t it? An ancient, but above all highly modern technology, which can be extended by means of time stamps and encryption, which cannot be manipulated with the current technology of the 21st century. Seen in this light, a blockchain is nothing other than a worldwide log extended to countless computers.
Why is the new development of the GSB so important, why should everyone concern themselves with it and pay attention to it?
Privacy! Privacy is king in our time, says Josip Heit as chairman of the board of GSB AG. The recent data breaches, the accompanying questionable sale and implied sharing of data by large corporations and companies is what the public is consciously and unconsciously exposing themselves to with their one-click consent. These are the so-called achievements of the new forms of communication.
Currently, most popular chat applications run on encryption keys. The fundamental flaw here, however, is that the encryption is still held, stored and also distributed on central servers. Conversely, this means that all data, messages or content shared via these encryptions are then still “held” on these servers and “accessible” at all times.
Josip Heit emphasises in this context and with regard to the latest development of GSB: “This is radically different from blockchain, and here for the app called GSTelecom!”
“GSTelecom” creates a safe, private and secure messaging platform where no information is held by or accessible to a third party. Simply put, with “GSTelecom” there is now a “paid for” service that professionals, individuals and businesses can use to share data and information without the risk of third parties being able to access and use it at a later date.
Will the public be willing to use a “paid” service when so many others are free? This question was recently posed by international journalists to the chief developer of GSB’s technical departments, to which Alexandru Cocindau replied:
“Free of charge? No, nothing in this world is free, unfortunately. In today’s world, important data is not only one of the most important commodities, it can even be equated with currencies in terms of its importance. And the same data is sold to the highest bidders and used all the time. The decisions we make about cars, clothes, houses are often made for us. Because they are advertised to us and this is perceptible all the time. This is because our data is in no way secure. People see this now. They want to get their freedom back, but it’s almost too late because time is running out.
When people switched from the horse to the car, they bought a car and then paid for the petrol to drive it. Why? Because they wanted more freedom to go further, go faster and experience more! If people see value in GSTelecom, I believe they will gladly pay a so-called “petrol” fee to have the basic necessary control over their privacy.”
To this Josip Heit adds to media representatives: “We have to understand that this is a new era of privacy that has been born, GSTelecom is certainly the chat app you want to use in the future to feel safe, as no one but the users will have control over their own communication.”
Furthermore, Heit points to a very recent example: This week, on 10 March 2021, a major fire caused destruction at Europe’s largest hosting provider OVH in Strasbourg, France, where the SBG2 data centre and parts of SBG1 burned down.
Customers of OVH, one of the largest hosting providers in Europe and also one of the more important providers worldwide behind the industry giants Amazon AWS, Microsoft Azure and Google Cloud, are currently massively affected by the destruction caused by the fire.
Heit explains that GSB’s next market sensation involves the decentralised, cost-effective storage of data with just a few clicks and also enables the secure transmission of data using blockchain technology.
With the birth of a new era of data protection, “GSTelecom” is therefore certainly more than just a platform, which you should urgently observe for your own benefit in this area. You can download the “GSTelecom App” for both Apple and Android:
GOOGLE PLAY STORE: https://play.google.com/store/apps/details?id=block.chain.chat
APPLE STORE: https://apps.apple.com/tt/app/gstelecom-by-g999-blockchain/id1547577247
Press contact:
GSB Gold Standard Corporate
Große Bleichen 35
20354 Hamburg
Federal Republic of Germany
Press Department: Ms Berger
Telephone: +49 40 376 69 19 – 0
Mail: [email protected]
Website: https://g999main.net
Source: RealWire
Photo Source: pacificbitcoin.com
LQWD Technologies (TSXV: LQWD) (OTC: LQWDF) a front-runner in Bitcoin Lightning Network solutions, is pleased to announce its participation in the Pacific Bitcoin Conference 2023. This premier event is scheduled to take place in Santa Monica, CA, on October 5-6.
Representing LQWD Technologies at the conference will be CEO Shone Anstey, who will be hosting a dedicated booth.
The Pacific Bitcoin Conference serves as a nexus for knowledge exchange and networking in the realm of Bitcoin and blockchain technologies.
Those interested in attending can find more information and purchase tickets on the official event website. To arrange a meeting with the LQWD Technologies team, please reach out to [email protected].
Website: www.lqwdtech.com
Twitter: @LQWDTech
This press release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company’s business plans and the outlook of the Company’s industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE LQWD Technologies Corp.
Leveraging its vast experience since 2017, GoMining is leading the way in bitcoin mining, providing users with an effortless and user-friendly service. Now the company has introduced the so-called North Collection.
The company’s NFT collections provide daily bitcoin rewards to holders, with their substantial fleet of real equipment installed across the globe. Continuing their successful streak after the highly acclaimed East NFT Collection, this latest release marks the next installment in a series of crypto art devoted to various regions. GoMining’s fresh North NFT Collection draws inspiration from three key references: the critical role of low temperatures in mining device operations, the restraint and resilience found in northern regions, and the empowering force driving their endeavors. These references served as the foundation for the collection’s captivating images, reflecting the core principles behind GoMining’s innovative approach to bitcoin mining.
GoMining’s new NFT series is issued on the Binance Smart Chain, utilizing the BEP-20 standard for seamless integration and accessibility. With an impressive energy efficiency rating of 35 W/TH, these NFTs ensure the quickest payback period for holders. Moreover, the NFTs offer a diverse range of computing power options, spanning from 1 to 128 TH/s, accommodating various mining requirements and preferences.
In just over two years, GoMining has achieved remarkable growth. The platform has distributed more than 2,000 BTC to holders, issued 20,000 NFTs, and elevated its overall hash power from 100,000 TH/s to an astounding 2,359,877 TH/s. This exponential progress showcases the project’s resounding success and commitment to innovation in the cryptocurrency and NFT space.
As per GoMining’s CEO Mark Zalan, the company is doing everything to offer a broad variety of options to its holders, proving its sustainability and transparent approach. “We’ve been in operation for over two years providing consistent rewards for our holders daily. All of our efforts are aimed at showing tangible infrastructure behind the product – in this case real equipment with data centers in different regions like Norway.”
GoMining remains dedicated to introducing updated versions of its NFTs, originally crafted to provide easier access to bitcoin mining. All NFT collections, such as the renowned collaboration with MMA star Khabib Nurmagomedov, combine visually stunning designs with real equipment-generated computing power, offering continuous mining rewards to their owners.
The new North collection is available here.
A new study has revealed the cryptocoins Americans want to sell the most, with Bitcoin taking the top spot.
The research was conducted by crypto gambling experts at cryptogambling.tv, who analyzed Google Trends data to establish the cryptocurrencies the US wants to sell the most out of the 24 largest cryptocurrencies by market cap, giving an average weekly search volume for the interest in selling each cryptocoin.
The study revealed that Bitcoin has the highest number of searches from Americans looking to sell this cryptocurrency. Searches to ‘sell bitcoin’ were the highest at the end of July in the United States and worldwide.
Many factors might sway someone to sell their Bitcoin, with the main reason being the current financial and economic strain many countries in the world are facing, prompting people to tap out and cut their losses. Last year the price of the cryptocoin dropped below $16,000, which highlights its downfall tremendously, and with Bitcoin’s value being based purely on speculation, it can be challenging for those who don’t know whether or not to stick with it.
Ethereum is the second cryptocoin Americans want to sell the most, with searches for ‘sell Ethereum’ being the highest in September worldwide. Although the currency is known for owning around 20% of the global crypto market, those wanting to invest tend to agree that it is one of the safest long-term coins. The current price of Ethereum is $1,458, and with the cryptocoin shifting its process from PoW to PoS, it’s predicted its supply may reduce.
XRP is the third cryptocoin Americans want to sell the most, as it is predicted that its price will be near $0.198 by the end of this year. XRP runs by RippleNet and is a low-cost coin which is excellent for those who want to begin investing; however, due to the current lawsuit proceedings with the SEC, there is a significant decrease in interest for the currency, which has undoubtedly urged investors to act fast and sell.
The fourth cryptocoin Americans want to sell the most is Dogecoin, which, although it has remained one of the top cryptocurrencies in the industry, is still not a solid investment for many investors. The coin rose over 15,000% over 2021, and for a cryptocoin which was created as a joke when it first began, it has truly exceeded expectations. Many avoid investing in Dogecoin due to its price volatility, no supply limit, and not being as widely accepted as other competing coins; these are reasons why many also want to sell.
Shiba Inu is the fifth cryptocoin that Americans are looking to sell, and while the coin is top-rated, it is advised that those looking to invest should not use it as a long-term investment. The coin is down almost 92% since 2021, but many investors hope it will still go up in time as it is currently at over 589 trillion.
An expert at cryptogambling.tv commented: “The cryptocurrency market is forever fluctuating, and with the increase in economic stress worldwide, it can be an uncertain and nerve-racking time for those hoping to make sound investments in the crypto world.
“This study offers an interesting insight into which cryptocoins Americans currently want to sell, with Bitcoin being the most popular to sell.”
-
Blockchain Press Releases5 days agoSweat Your Way to Rewards: Live4Well Revolutionizes Wellness with Innovative “Exercise-to-Earn” Ecosystem
-
Blockchain3 days agoReynold Lemkins Group Attends The Asset ESG Annual Summit to Explore New Paths for Corporate Sustainable Development
-
Blockchain Press Releases5 days agoEthiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
-
Blockchain Press Releases4 days ago
Compass Mining Expands into Iowa with New 30 MW Bitcoin Mining Facility
-
Blockchain3 days agoBybit Web3 Deepens Outreach and Support for TON Community with TON Foundation, TON Society, and TON X at Devcon 7
-
Blockchain5 days ago
Adapt or Die: The Urgent Shift from VASP to MiCA
-
Blockchain5 days ago
Frontiers of Fintech: Innovative Practices of SILEGX Exchange
-
Blockchain4 days agoWhiteBIT Exchange Celebrates 6 Years of Innovation and Partnerships in the Crypto Industry
