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Blockchain

Orbs Provides Blockchain Infrastructure to the Masses via TON

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Tel Aviv, Israel–(Newsfile Corp. – September 7, 2022) – Orbs is expanding to The Open Network (TON) in a bid to catalyze mainstream blockchain adoption. It is the first non-EVM L1 solution supported by Orbs and a crucial part of the team’s ongoing mission to help developers build better decentralized protocols and products.

Orbs operates a separate decentralized infrastructure layer between the existing L1/L2 solution and the application layer. In essence, it grows the tiered blockchain stack, ensuring builders do not compromise on decentralization to gain mainstream traction. Furthermore, Orbs augments existing L1 blockchain layers with a strong focus on the Ethereum Virtual Machine (EVM).

The support of The Open Network (TON) marks a crucial development for Orbs and its forward-thinking vision. The team is confident TON may become the L1 solution taking blockchain mainstream. Although both networks lack the maturity of EVM-compatible networks – like Ethereum, BNB Chain, Fantom, or Polygon – they still provide tremendous promise.

Orbs will remain committed to EVM and will continue exploring opportunities to reach billions of end users. Finding the right L1 capable of sustaining such growth has proven tricky, but TON is a viable candidate. TON is home to over 1 million active users, with momentum building rapidly.

Orbs hopes to build core infrastructure on TON and establish a mutually beneficial growth curve with the network. Several use cases, products, and services will roll out on TON under the Orbs banner. Developers can explore new L3 use cases for existing and future network protocols with its technology.

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About Orbs

Orbs is a decentralized public blockchain infrastructure with proof-of-stake (PoS) consensus executed by permissionless validators. Orbs establishes a separate execution layer (layer three) that enhances the capabilities of EVM smart contracts via its interoperability with EVM-compatible blockchains and decentralized network of nodes.

About The Open Network (TON)

TON is a third-generation proof-of-stake blockchain designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to the open TON Community, which has been supporting and developing it ever since. TON was designed for lightning-fast transactions, and it’s ultra-cheap, user-friendly, and fully operational.

Contact
Ran Hammer
[email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136226

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

UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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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.

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“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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Blockchain

Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum

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Blockchain

Libfx.com Announces Vision to Build a World-Class Financial Platform

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