Blockchain
Platinum Enters into Partnership with Almora Capital to Unleash Its Full Potential
Dubai, United Arab Emirates–(Newsfile Corp. – January 14, 2022) – Platinum Software Development is continuously trying to expand its number of strategic partners, since this makes it possible to tap into new markets and deliver the best products possible. This time, the core team of Platinum Software Development is proud to announce a brand new partnership with Almora Capital, an investment firm that offers full-lifecycle solutions to blockchain investors and businesses.
Learn more detailed information about this collaboration in today’s release.
Unleashing Platinum’s full potential with Almora Capital
“Given the highly unstable and competitive environment of the decentralized finance market, for Platinum to introduce new use cases to the crypto community, there is a need for strong and influential partners that can back Platinum with their rich resources. That is why the Platinum development team is pleased to present its new strategic partner.” – Almora Capital
Almora Capital is an eminent blockchain investment firm that’s focused on assisting their international clients to map their investments and sort them into themes in order to optimize their portfolios and achieve the best results. The company offers transparent and open communications as well as research-based industry insights to all their clients, be they individuals, institutions or businesses.
The Almora Capital core team is committed to pursuing various opportunities in the DeFi market and placing its deep understanding of technology, market economics and blockchain finance at the forefront of their activities, so as to deliver optimized investment solutions. Almora Capital is globally recognized and has an excellent reputation in the field of blockchain investment.
Almora Capital and Cheesus
Some team members of Almora have been paying attention to Cheesus, the brainchild of Platinum Software Development, an on-chain analytical tool for NFT gaming metaverse and DeFi activity. Cheesus is able to track any NFT trading activity within any metaverse, DEX and AMM. Cheesus is also quite an effective tool against fraudsters and scammers, helping users to identify only valuable and trustworthy DeFi projects.
Almora Capital recognized the great potential of Cheesus and decided to sign a partnership agreement with Platinum. This move will allow Almora Capital to develop more sophisticated investment strategies for which Cheesus will receive help in the form of Almora’s financial and marketing resources.
“Support from an authoritative venture capital firm such as Almora Capital is something to be proud of. The Platinum team has a real opportunity here to create a buzz in the DeFi market and achieve the strategic goals set out in our roadmap as soon as possible. There is no doubt that this partnership promises to be a long and fruitful one that will boost the performance of both projects,” said Anton Dziatkovskii, Platinum’s co-founder.
About Almora Capital
Almora Capital is an eminent blockchain investment firm that helps global clients map their investments and sort them into themes that will optimize the results of their portfolios. The company is dedicated to crypto investments and empowering their clients with technical and fundamental resources such as insights and data that will help them leverage the potential of up-and-coming projects in the decentralized digital economy.
Almora Capital conducts in-depth and timely analyses of industries, markets and investment frameworks, helping the project to earn a favorable reputation in the blockchain investment space.
About Platinum
Platinum Software Development Company offers enterprise IT solutions and services to improve business processes and leverage technological innovations. From consultations, strategizing and roadmap building to ongoing improvements of large transformational projects across diverse industries, Platinum provides a strategic advantage to every client it works with.
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Platinum and Almora Capital are as of this moment, official partners.
Almora Capital is an eminent blockchain investment firm focused on assisting their international clients to map their investments and optimize their portfolios.
The brand new partnership promises to be a long and fruitful one that will boost the performance of both projects.
Read about the agreement in the full release: https://bit.ly/3qbATxv.
Platinum and @AlmoraCapital are as of this moment officially partners.
The brand new partnership promises to be a long and fruitful one that will boost the performance of both projects.
Read more here: https://bit.ly/3qbATxv
Contact Details:
Company Name: Almora Capital
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109720
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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