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LBank Exchange Will List Nesten (NIT) on May 11, 2022

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Internet City, Dubai–(Newsfile Corp. – May 10, 2022) – LBank Exchange, a global digital asset trading platform, will list Nesten (NIT) on May 11, 2022. For all users of LBank Exchange, the NIT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 11, 2022.

Figure 1: LBank Exchange Will List Nesten (NIT) on May 11, 2022

Internet of Things (IoT) is expanding the possibilities and the potential of technology, but the centralized telecom networks everyone relies on now cannot provide the reliability, affordability, security or scalability IoT needs to realize its full power. Utilizing the power of blockchain, Nesten (NIT) is here to create a truly secure and transparent network for IoT where data, power, and profit stay with people themselves. Its native token NIT will be listed on LBank Exchange at 18:00 (UTC+8) on May 11, 2022, to further expand its global reach and help it achieve its vision.

Introducing Nesten

Nesten is a preeminent IoT communications provider with decades of experience developing IoT-optimized blockchains and complex, community-driven networks. Its team has deep roots in cellular technologies, dating back to the low-power architecture and implementation of its own mobile WiMAX network, which laid the foundation for key features of 4G and 5G. Launched in 2018 in Tustin, California, Nesten has been a trailblazer in the blockchain and edge computing arenas dedicated to providing people with a trusted communications platform and the tools they need to realize its myriad real-world use cases.

In 2019, Nesten began actively deploying its flagship communications and computing platform-the G1 wireless node-across several major urban areas, establishing significant network coverage footprints in more than 10 countries around the world. In the years since, it has continued to expand, establishing partnerships with globally recognized visionaries in various facets of the IoT sphere and out-pacing its competition in leading seismic paradigm change.

Furthermore, Nesten has integrated tokenization with its own token called NIT as a means of supporting microservices for large-scale, complex IoT use cases; as a currency medium for data transactions generated within the ecosystem; and as a way to provide meaningful financial incentives for maintaining network performance.

The extensibility and reliability of Nesten’s network lends itself to a range of verticals, including the company’s patent-pending shared parking and advertising solutions, already implemented using the network’s own crypto wallet and modular payment system to easily integrate NIT payments with application software. The team has partnered with major industry leaders in wireless communication and cryptocurrency, as well as leading developers of smart display assets, precision sensors, and enterprise computing equipment, and it is pursuing opportunities in remote medical care and 5G expansion.

About NIT Token

Nesten’s financial architecture is built on its own cryptocurrency NIT, which is based on Ethereum blockchain. NIT is the essential currency of the Nesten ecosystem and can be used for data access, supporting and facilitating real-world use cases in a highly efficient manner. The network’s compensation is also awarded by NIT for node operators.

A total of one billion (i.e. 1,000,000,000) NIT were created at genesis with 65% of the total quantity reserved for ecosystem functions-including network buildout, coverage verification, and proof reward allocation-and 35% reserved for company operations.

NIT token will be listed on LBank Exchange at 18:00 (UTC+8) on May 11, 2022. Investors who are interested in Nesten investment can easily buy and sell NIT token on LBank Exchange by then. 

Learn More about NIT Token:

Official Website: https://www.nesten.io/
Telegram: https://t.me/s/nestenus/2
Twitter: https://twitter.com/nestenUS
Facebook: https://www.facebook.com/nestenUS

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

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Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

PR Contact:

ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123415

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Decentralized science can be the next big thing for blockchain utilization

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Decentralized science leverages blockchain’s decentralized ledger technology to address common challenges faced by researchers, including data integrity, reproducibility, and collaboration. By recording scientific data and research findings on a tamper-proof blockchain, researchers can ensure the integrity and authenticity of their work, reducing the risk of data manipulation or fraud.

Moreover, blockchain enables transparent and traceable peer review processes, allowing researchers to validate and verify each other’s work more effectively. This enhances the credibility and reliability of scientific publications, fostering trust within the scientific community and among the general public.

Blockchain-based platforms also facilitate greater collaboration and knowledge sharing among researchers, breaking down traditional barriers to access and enabling interdisciplinary collaboration. Through decentralized science platforms, researchers can securely share data, resources, and expertise, accelerating the pace of scientific discovery and innovation.

Despite its potential benefits, decentralized science still faces challenges, including regulatory uncertainties, technological barriers, and resistance to change within the scientific community. However, as blockchain technology continues to evolve and gain acceptance, decentralized science is poised to emerge as a transformative force in scientific research and collaboration.

Source: cointelegraph.com

The post Decentralized science can be the next big thing for blockchain utilization appeared first on HIPTHER Alerts.

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Blockchain

How blockchain-based voting can restore trust in the electoral process

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how-blockchain-based-voting-can-restore-trust-in-the-electoral-process

In this article we’re discussing the potential of blockchain-based voting systems to rebuild trust in electoral processes. These systems leverage blockchain technology’s transparency and immutability to address concerns surrounding election integrity and voter fraud.

Blockchain-based voting solutions offer several advantages over traditional methods, including increased transparency, security, and accessibility. By recording votes on a decentralized ledger, blockchain ensures that each vote is securely stored and tamper-proof, reducing the risk of manipulation or fraud.

Moreover, blockchain-based voting systems can enhance voter participation by providing greater accessibility to remote and disenfranchised populations. Through secure digital platforms, voters can cast their ballots from anywhere, reducing barriers to participation and promoting inclusivity.

Despite the potential benefits, the adoption of blockchain-based voting systems faces challenges, including regulatory hurdles and technological limitations. Governments and electoral authorities must navigate these obstacles to implement effective and trustworthy voting solutions.

Overall, the article highlights the transformative potential of blockchain technology in restoring trust and integrity to electoral processes. By embracing innovative voting systems built on blockchain, societies can uphold democratic principles and ensure fair and transparent elections.

Source: tradingview.com

The post How blockchain-based voting can restore trust in the electoral process appeared first on HIPTHER Alerts.

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Blockchain

Binance Integrates USD Coin (USDC) on CELO Network

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binance-integrates-usd-coin-(usdc)-on-celo-network

Binance has announced the integration of USD Coin (USDC) onto the Celo network, marking a significant step forward in expanding the utility and accessibility of USDC within the cryptocurrency ecosystem.

This integration enables users to seamlessly transfer USDC tokens across the Celo network, leveraging its high-speed and low-cost transactions. By integrating USDC on Celo, Binance aims to enhance the interoperability and accessibility of USDC, making it easier for users to engage with decentralized finance (DeFi) applications and access financial services on the Celo network.

USDC is a stablecoin pegged to the US dollar, offering users a reliable and transparent means of transacting value on the blockchain. With its integration on the Celo network, USDC gains access to Celo’s ecosystem of decentralized applications (DApps) and services, further expanding its utility and adoption.

The collaboration between Binance, USDC, and Celo underscores the growing importance of interoperability and cross-chain compatibility within the cryptocurrency space. By leveraging the strengths of each network, users can benefit from enhanced liquidity, accessibility, and functionality when using USDC on the Celo network.

Overall, the integration of USDC on the Celo network represents a significant milestone in advancing the capabilities of stablecoins and decentralized finance, providing users with greater flexibility and choice in managing their digital assets.

Source: blockchain.news

The post Binance Integrates USD Coin (USDC) on CELO Network appeared first on HIPTHER Alerts.

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