Blockchain Press Releases
ShelterZoom debuts the first-ever ‘Genesis Control’ solution via document tokenization, tapping into a $2.5 trillion market
ShelterZoom secures trademark rights for its ‘Single Source of Truth’® tech and announces upgrades to its suite of SSOT® blockchain solutions. The solution empowers individuals and businesses across all industries to fully control their sensitive documents shared via email attachments or the newly launched iOS mobile app to operate securely, easily and sustainably.
ShelterZoom, a leading blockchain-based, smart-document SaaS provider, was awarded a registered trademark for its suite of industry-agnostic Single Source of Truth (SSOT) blockchain tools. Chiefly composed of Document GPS, DocuWalk and document tokenization and tracking APIs, ShelterZoom offers businesses and governments the first-ever native email extension using blockchain security to control and track email attachments, effectively representing the only true GENCON (Genesis Controlled) solution on the market. While ORCON is an access control policy used by the U.S. government requiring recipients to gain originator’s approval for re-dissemination of disseminated digital content, GENCON refers to all other industries including gov-tech.
In today’s cloud-based business environment, all organizations are vulnerable to cyberattacks in the form of business-email compromise (BEC). These attacks threaten all cloud-based organizations and have cost organizations $43 billion in losses since 2016. Theft of sensitive data from email accounts is one of the biggest threats BEC attacks present, and companies often have trouble surviving, let alone rebounding, from these types of breaches.
Document GPS leverages blockchain technology to securely tokenize content for the purpose of protecting ownership of original work. With Document GPS, documents or other types of file attachment can be sent securely through the email extension, empowering organizations to track the content they send out and revoke access even after the recipient has opened the email. The feature can also prevent downloads, significantly reducing excessive carbon emissions and data pollution from the repeated uploading and downloading of tens of billions of attachments being sent on a daily basis.
ShelterZoom’s SSOT solutions’ classification provides a true GENCON infrastructure, enabling it to be leveraged by government officials to share highly classified information. Gov-tech is expected to blossom into a nearly $1 trillion industry by 2025, but other industries including finance, real estate, legal, healthcare, media, and digital preservation and publishing, open up a combined potential market of over $2.5 trillion for Document GPS by the end of the decade.
ShelterZoom also debuts Document GPS on the Microsoft and Apple stores, along with enhanced security and performance upgrades including:
- Enhanced cryptographic capabilities to further enhance security and to mitigate loss of control over attachments, providing users with the highest Web3 security environment throughout the content’s journey.
- Folders, or envelopes, are now available on the Gmail desktop version of Document GPS which allows users to easily organize their content through the use of eTags to appropriately label each individual document. This feature is coming to Microsoft during Q1 of 2023.
- Mobile app will be available later this month on iOS, and launching soon on other platforms.
“Single Source of Truth is one of the core principles of what we deliver, so it is wonderful to have the importance of this technology recognized with an official trademark,” says Chao Cheng-Shorland, CEO and Co-Founder of ShelterZoom. “The GENCON label solidifies the value that SSOT can bring to a wide range of sectors. With Document GPS and DocuWalk, organizations across all industries, ranging from healthcare to financial services to legal, can navigate the internet with even more security and flexibility, allowing the management of all vital documents and contracts to be done efficiently, conveniently and transparently.”
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
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Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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