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Blockchain

A New Kind of Network: NKN Looks to Shape the Future of the Internet Through Building the World’s Largest Decentralized Blockchain Network

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Cryptocurrency technology may have the potential to change the world, but at the moment there are only a few centralized institutions and individuals that can control the wealth, knowledge and lives of billions. NKN, (https://www.nkn.org/), envisions a future where people will take decentralization for granted, where nobody will even notice that blockchain is powering their everyday activities, and society and humanity will benefit greatly from this transformative system.

NKN has now taken considerable steps to make their vision a reality with a new kind of massively distributed, peer-to-peer network connectivity protocol and ecosystem powered by a novel public blockchain. Developed by NKN, and inspired by Dr. Stephen Wolfram’s seminal work in A New Kind of Science, this breakthrough technology is the first to utilize a unique consensus mechanism called MOCA (Majority vOte Cellular Automata) for million-node scale, as well as a mining algorithm called proof-of-relay that offers rewards for relaying network data.

The team at NKN have created a reliable network with several notable features that will bring more value to the holders, miners, and users of NKN.

“We intend to build the world’s largest blockchain network, where millions if not billions of people can participate in consensus without any permission required. We already have over 20,000 full consensus nodes, surpassing both Bitcoin and Ethereum, which stand at about 10,000 nodes each. NKN is also lightweight, giving us the ability to run our full nodes on the smallest hardware requirements including a raspberry pi or a home Wi-Fi router, saving both cost and energy,” NKN CEO and Co-Founder, Yanbo Li, said.

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Additional advantages of NKN include:

  • Aggregated High Speed: Nodes and clients can utilize the aggregated speed of several routes.
  • Zero Server: Fully peer to peer and decentralized, which significantly reduces complexity and costs, as well as removes a single point of failure and eliminates the central honeypot for hacking.
  • Unique and Global identity: Unique NKN address enables service from anywhere in the world, at any time, helping people discover and search for applications and services.
  • Extra Security and Privacy: End-to-end and hop-by-hop encryption without public key infrastructure or third-party certificates.
  • Elastic Capacity: NKN servers are multi-functional and leverage unused capacity, providing the capability to scale up and down depending on demand.

Optimized for a vertical industry, NKN has already taken steps to improve the internet experience through two of its flagship products, NKN Pub/Sub and nCDN.

  • Already launched, NKN’s Pub/Sub secure messaging service makes messaging painless by offering a true open-source solution that is developed for quick implementation. Decentralized for improved security (DDoS) and reliability (no single point of failure), Pub/Sub will enable developers to build chat, IoT, and other applications without the need to host their own enterprise-grade messaging service.
  • For those looking for reliable, low latency service at scale without exorbitant costs, nCDN is currently undergoing trials for an upcoming launch. Having multi-CDN interoperability, and being complementary to any traditional CDN solution, nCDN will be able to provide the delivery network to support any video streaming service.

Blockchain

UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.

Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.

“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”

ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.

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“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”

The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.

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Blockchain

Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum

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Blockchain

Libfx.com Announces Vision to Build a World-Class Financial Platform

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