Blockchain
300,000+ Can Now Claim Crypto UBI via Newly Released GoodDollar Android App
Tel Aviv, Israel–(Newsfile Corp. – February 24, 2022) – GoodDollar, an economic opportunity protocol and DAO that leverages decentralized finance (DeFi) to provide a crypto UBI to hundreds of thousands of members around the world, today announced the availability of its GoodDollar for Android app – the latest in a string of positive developments this year.
The app has already been downloaded by 27,000+ users since the release of the beta version in December. Enhancements introduced in February included a cleaner and simpler sign-in interface and a feature that automatically shows members the U.S. dollar value of their G$ balances. Developed by GoodDollar LLC, the non-profit software development firm that builds simple products that enable more underserved people to access the GoodDollar protocol, the Android app makes it faster and easier for more people to receive a daily allocation of G$ crypto UBI.
February saw GoodDollar reach record levels of growth for both membership and the market capitalization of the G$ crypto UBI token.
Membership grew past 300,000 individuals for the first time, while G$’s market cap breached $1 million mid-month. G$ market cap stood at $1.16 million as of February 23, while the value of the GoodDollar Reserve – the reservoir of supported cryptocurrency that backs the generation and distribution of G$ – hovers around $1 million. To date, GoodDollar has distributed more than $50,000 worth of G$ tokens to hundreds of thousands of people around the world, with daily active users concentrated in emerging markets suffering from high rates of inflation, such as Nigeria, Vietnam, Indonesia, Argentina and Venezuela.
This run of good news comes in the wake of a major protocol upgrade, GoodDollar Version 2, which was released in December. The upgrade opened the protocol’s smart contracts to enable anyone to support the GoodDollar UBI scheme by staking or holding G$ tokens, and coincided with the handover of governance to the community-run GoodDAO. By aligning the financial and social incentives of the members that receive crypto UBI with those of supporters that fund the economic model, GoodDollar protocol presents a scalable, market-incentivized approach to fund global UBI at scale.
“GoodDollar has gone from strength to strength since the introduction of V2 and there is terrific momentum and excitement amongst members,” GoodDollar co-founder Anna Stone said. “It now seems clear that the upgrade has been a catalyst for significant and healthy growth in the GoodDollar impact economy.”
Patricia Pedrosa, Impact Lead and Head of Product Management said: “The ongoing evolution of the GoodDollar app will help us better serve GoodDollar’s growing ecosystem. Over the coming weeks, the development team will introduce a host of other improvements, including an in-app GoodDollar news feed and education modules, an improved user interface, and integrated governance, staking and swapping functionality.”
About GoodDollar
GoodDollar is an anti-poverty blockchain protocol and DAO that leverages the tools of decentralized finance to enable greater financial empowerment of underserved people across the globe. GoodDollar unites the interests of current crypto investors with the potential of future crypto users, through G$, an ERC-2o token that is both used for liquidity mining rewards and openly distributed as universal basic income. All GoodDollar code is open-source and operates on the Ethereum mainnet and Fuse.io, an Ethereum side-chain. Users with an Internet connection and the GoodDollar app can sign up to claim a small amount of G$ daily.
Press Contact
Anna Stone
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114698
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Blockchain
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Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
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.
“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.”
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