Blockchain
DappRadar Pioneers Cross-Chain Staking
Kaunas, Lithuania–(Newsfile Corp. – June 30, 2022) – DappRadar, the world’s dapp store that brings high quality, accurate insights on decentralized applications, has announced an industry-first cross-chain token staking mechanism, allowing users to claim their staking rewards on any blockchain and minimize the fees related to staking drastically.
DappRadar’s cross-chain token staking is an open-source innovation that aims to contribute to the whole ecosystem. The idea behind this mechanism is to remove barriers for cost-conscious users to participate in staking by eliminating high fees, thus democratizing financial inclusion. Users will earn the same APR for their staked assets across all blockchains, thereby eliminating the need to bridge assets themselves or pay the typical high Ethereum gas fees.
DappRadar tracks and analyzes all kinds of decentralized applications, and therefore, is a big believer in the idea that the future of the blockchain industry will be multichain, cross-chain and interoperable. To ensure the DappRadar community has the most comprehensive choice possible, cross-chain staking will be enabled for every blockchain RADAR launches on, meaning it won’t be limited to only EVM-compatible chains. The mechanism will also ensure a smooth user experience on all chains.
CEO and co-founder, Skirmantas Januskas, explained, “What we have built is in the benefit of the users, especially the margin-sensitive users in emerging economies. It also improves the cross-chain user experience massively. The best part is, what we innovated is here and anyone can take it and use it. We care deeply about contribution to the blockchain industry and we believe that we can reach much higher when we build together.”
DappRadar’s cross-chain token staking is made possible by cooperating with the LayerZero protocol, which enables smart contracts to communicate across different chains.
DappRadar’s Native Token: RADAR
RADAR is a utility token that was first launched on the Ethereum blockchain and listed on major crypto exchanges such as Crypto.com and Huobi Global.
DappRadar’s “Contribute2Earn” approach allows community members to earn RADAR by contributing to the DappRadar ecosystem. 5.000 RADAR holders gain access to DappRadar PRO features, which provides access to exclusive analytics, features, content and reports. By holding even 1 RADAR, a community member can participate in governance to shape the future of DappRadar.
RADAR Cross-Chain Token Staking will be available on any chain RADAR launches on, allowing users to stake their RADAR tokens on one chain and claim their rewards on any other chain, no matter where they were staked.
You can visit the blog post and the guide to learn more about RADAR Cross-Chain Token Staking.
About DappRadar
Founded in 2018, DappRadar is the The World’s Dapp Store: a global decentralized applications (dapps) store, which makes it easy for its base of more than 1 million users per month to track, analyze, and discover dapp activity via its online platform. The platform currently hosts more than 10,000 dapps from across 30+ protocols and offers a plethora of consumer-friendly tools, including comprehensive NFT valuation, portfolio management, and daily industry-leading, actionable insight.
Socials: Twitter – Discord – Reddit – Telegram – Facebook
Media Contact:
Dan Edelstein
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129650
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.”
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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