Blockchain
Hydrogen, a Leading BSC-Based DeFi Project, Aiming to Pioneer Innovative Green Energy Investment After Listing on PancakeSwap
London, United Kingdom–(Newsfile Corp. – October 28, 2021) – Hydrogen Economy (HDGN) is a Binance Smart Chain based DeFi project aimed at developing and leveraging a sustainable DeFi ecosystem to support global hydrogen segment initiatives on the road toward carbon neutrality. The platform’s native token Hydrogen (HDGN) features autonomous yield and liquidity generation. Notably, Hydrogen has a total supply of 150 million tokens and a diluted market capitalization of $1.5 million. It’s proud to announce its recent listing on PancakeSwap.
The Hydrogen Economy project is developing a DeFi platform powered by the HDGN token. The platform’s operational profit will be used towards the project’s main aim: To invest in the global hydrogen market. In a nutshell, the project will leverage the innovation of the rapidly growing decentralised digital economy to support global hydrogen segment initiatives on the road to carbon neutral, while democratising access to returns from the future hydrogen economy. More so, the platform’s investment strategy will mainly focus on assets, projects and infrastructure generating “green” hydrogen from renewable energy, and as such, making an important contribution to the global energy transition.
As the project seeks to build strategic partnerships with multinationals, governments, and academic institutions, it aims to build a portfolio of innovative investments in this disruptive growth industry. This portfolio will constitute the essential contributors of the dynamic hydrogen ecosystem and ultimately reward HDGN token holders through long-term value creation.
Key Features of Hydrogen Economy
The project offers several features for participants. Here are some of them:
- Passive Income: Token owners can earn passive income with 3% of each transaction distributed to all wallets simply through holding. Moreover, the PancakeSwap liquidity pool is automatically expanded by 3% of each transaction.
- Security: The liquidity pool is locked for 3 years, making funds safe for trading and holding.
- Deflationary tokenomics: A small percentage of each transaction goes to a burn address, plus manual buybacks and burns based on achievements to reduce supply and benefit the community over the long-term.
- Charity Donations: Small percentage of every transaction goes to the charity wallet.
- Upcoming near term operational developments: DeFi Platform offering Lending, Staking, Yield Farming and Leveraged Yield Farming. New features are being developed to build an ecosystem. Aside from this, the operational developments include audits, partnerships, ongoing marketing, and further exchange listings.
- Medium term strategic goals for core purpose: Developing mechanisms to leverage operational DeFi ecosystem to support hydrogen segment initiatives, contributing to a lower carbon future and generating long-lasting value for the community.
With the ongoing platform development programme picking up pace, the Hydrogen token price could reach great new heights, thereby attracting a huge number of crypto enthusiasts and investors.
About Hydrogen Economy
Hydrogen Economy is a Binance Smart Chain based DeFi project aimed at developing and leveraging a sustainable DeFi ecosystem to support global hydrogen segment initiatives on the road to carbon neutrality. The platform’s native token is Hydrogen (HDGN).
Social Media:
Twitter: https://twitter.com/Hydrogen_HDGN
Telegram: https://t.me/HDGN_HydrogenEconomy
Facebook: https://www.facebook.com/HDGNHydrogenEconomy
Instagram: https://www.instagram.com/hdgn_hydrogen_economy/
LinkedIn: https://www.linkedin.com/company/hdgn-hydrogen-economy
Media Contact:
E-mail: [email protected]
Website: https://www.hdgneconomy.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101135
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
![ethereum-etfs-aren’t-blockchain-but-is-a-revolutionary-tech:-top-6-amazing-reasons-to-invest-in-them](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51834-ethereum-etfs-arent-blockchain-but-is-a-revolutionary-tech-top-6-amazing-reasons-to-invest-in-them.png)
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Blockchain
Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance
![nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51836-nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance.png)
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
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