Blockchain
Dione Protocol Secures Massive Funding and is Developing One of the Most Advanced Blockchains
Toronto, Ontario–(Newsfile Corp. – January 15, 2023) – Dione protocol and its mission to democratize Green Energy has been described as a project powering the crypto revolution using renewable energy. The project has now announced that they are building a blockchain, a safe and secure wallet, and a cross-chain swap for seamless transactions between blockchains.
Dione Protocol: A New Power in Charge
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Dione has so far accomplished every one of its milestones and may well achieve where many other popular projects have failed. Dione is one of Saturn’s moons, and it has more meaning than meets the eye.
Its purpose – from information gathered from its team members – is the achievement of its dedicated mission motivated by what the team calls an ‘About-Face,’ meaning “the mission that looks to accomplish what was once started.” Dione Protocol is on a mission to democratize green energy. In other words, looking to make renewable energy available to consumers, bridging the gap between the supplier and the consumer.
Despite being a new cryptocurrency, Dione has already delivered the ‘Dione Wallet’ live in the App Store and Google Play. They have also delivered the ‘Dione Decentralized Exchange’ well within the initially set timelines.
Dione’s next step is to deliver its Layer 1 blockchain powered by renewable energy. Comparatively, a Layer 1 blockchain is Ethereum, and currently, the market cap is $150,000,000,000 (150 Billion USD). Presently, the market cap of Dione Protocol is $3,000,000 (3 Million USD).
Dione Team
Dione Protocol has captured a great deal of attention, with the recent announcement revealing Ryan Arriaga and Jacob Smith as key team members. In addition, the team revealed another member, Brandon Kokoski, as the project advisor.
Funding Secured
“Funding for Dione Blockchain is secured. It’s go time,” said the Head of Blockchain Development for Dione Protocol, Ryan Arriaga. This is a major statement, as estimates describe the cost of building Blockchains running well into the hundreds of thousands, if not millions of dollars (USD).
Very few cryptocurrency projects see worldwide attention, especially during a bear market as is currently experiencing, but Dione Protocol is defying all expectations and continues to deliver time and again.
Ryan Arriaga is Head of Blockchain for Dione Protocol.
A couple of reasons why there has been a massive attraction from crypto-twitter (CT), building into the thriving community known as “Dionists” are:
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Experienced leadership – One of the most important factors why Dione Protocol has managed to capture the interest of the enthusiasts is the experienced leadership behind the project.
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Teamwork – There are effective communication channels between the various teams behind Dione, thus helping execute tasks and eliminate bugs faster.
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User-oriented policies – Every decision at Dione is taken considering its effects on the end user, all thanks to the team, and the idea has been successful in the past.
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Clear objectives – Clarity with respect to objectives is essential and a vital requirement at Dione, thus helping the project achieve every one of its goals.
Ryan Arriaga – Head of Blockchain
Ryan is a passionate entrepreneur with three previously acquired tech companies and over 8 product lines launched in Decentralized Finance (DeFi) under his leadership. As an executor, Ryan served previously as Global Head of Products, launching a wallet from start to finish and serving as CEO for Reflex Finance whilst launching over 5 DeFi centered implementations in under 6 months.
Jacob Smith – Head of Web Development
A backend and frontend Senior Website Developer for the past eight years, his passion currently is NextJS/NodeJS, with knowledge of PHP as well. Jacob worked as a Lead Website Developer.
Brandon Kokoski – Project Advisor
Brandon has been in the DeFi space for over 2 years as a competent investor/advisor and has tallied up a lot of exposure to business relations, community building, and crypto-specific marketing strategy. Prior to cryptocurrency, Brandon accrued five years of business experience in the marketing and e-commerce industry. He volunteered in the Emergency Services industry, stemming from a passion for helping people find their best selves.
The CEO, Head of Nebra, Head of Energy, Legal Team, and Senior Development Consultant are yet to be revealed, sparking many questions and speculations as to who else is behind Dione; a project with the most potential seen throughout this past year and a slow trickle of exciting releases.
What to look for in the upcoming quarters
The delivery of the blockchain will be broken down into two phases: Blockchain V1 and Blockchain V2. The Dione team has reported that sometime in 2023, V1 of their Layer 1 blockchain will be delivered and launched. This delivery will be broken down into 2 additional phases, what Dione Protocol calls Orbit 3 and Orbit 4. These phases have yet to be released and present an opportunity that has not been witnessed in years.
Any new project in this space lives or dies through its willingness to collaborate and facilitate delivery. This is emerging as a key difference between the short-lived ‘hype-coins’ versus the projects with real utility, and Dione is a prime example of the latter. Tracking timelines from their launch, Dione has proven to be punctual at each milestone. Tracking who supports Dione through social media, Dione has proven to be a fan favorite. Checking in on their community via Twitter and Telegram, Dione has a passionate community of “Zionists” that has displayed perseverance, commitment, and support. The past development, execution, and planned delivery of a V1 Layer 1 blockchain powered by renewable energy are the reasons experts believe Dione is on the path to success.
https://www.linkedin.com/in/brandon-kokoski-9b3761190/
https://www.linkedin.com/in/ryanarriaga/
https://www.linkedin.com/in/jacob-smith-9a0462122/
Media Contact:
Contact name: Brandon Kokoski
Company: Dione Protocol LLC
Email: [email protected]
City: Toronto
Country: Canada
Website: https://www.dioneprotocol.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151359
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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