Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Cardano updates the compliance indicators to the MiCA crypto regulation 6 months in advance

Published

on

cardano-updates-the-compliance-indicators-to-the-mica-crypto-regulation-6-months-in-advance

Cardano has made a significant step by updating its compliance indicators to the MiCA (Markets in Crypto-Assets) crypto regulation six months ahead of schedule. This effort is a collaboration between the Cardano Foundation and the Crypto Carbon Ratings Institute (CCRI), reflecting their commitment to sustainability and transparency in the cryptocurrency sector.

MiCA, proposed by the European Union, aims to create a clear and unified regulatory framework for cryptocurrencies and digital assets, focusing on investor protection, fraud prevention, and financial stability. Compliance with MiCA is essential for any blockchain project operating within the EU, ensuring investor trust and institutional acceptance.

Cardano’s Proof-of-Stake (PoS) architecture is significantly more energy-efficient compared to the traditional Proof-of-Work (PoW) systems used by blockchains like Bitcoin. This approach reduces energy consumption and carbon footprint, making Cardano one of the most eco-friendly blockchains. With the release of MiCA-compliant sustainability indicators, Cardano has further strengthened its position.

Indicators of Sustainability and Transparency
The indicators released cover various aspects such as energy consumption per transaction, the total carbon footprint of the network, and CO2 emissions. These metrics are crucial not only to meet MiCA requirements but also to provide transparency to users and investors. Clear and verifiable data build a climate of trust, fundamental for large-scale cryptocurrency adoption.

Advertisement

The CCRI has used scientific methodologies to assess the environmental impact of the Cardano blockchain. The collaboration between CCRI and the Cardano Foundation ensures the accuracy and relevance of these indicators, aligning with best industry practices.

By updating MiCA compliance indicators six months ahead of schedule, Cardano positions itself at the forefront of the regulatory curve. This proactive approach offers strategic benefits, including demonstrating a commitment to regulation and transparency, reducing risks associated with unforeseen regulatory changes, and ensuring continuous compliance.

Cardano’s update of MiCA compliance indicators is a significant step toward a more sustainable and regulated future for cryptocurrencies. The collaboration with CCRI has produced sustainability metrics that meet regulatory requirements and offer transparency and trust to investors. By demonstrating a commitment to innovation and regulatory compliance ahead of schedule, Cardano strengthens its market position and sets an example for other blockchains to follow. This initiative highlights how emerging technologies can align with regulatory and environmental goals, creating value for investors and society as a whole.

Source: en.cryptonomist.ch

The post Cardano updates the compliance indicators to the MiCA crypto regulation 6 months in advance appeared first on HIPTHER Alerts.

Advertisement
Continue Reading
Advertisement

Blockchain

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

Published

on

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.

Advertisement

“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.

Continue Reading

Blockchain

Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum

Published

on

bybit-supports-wildlife-conservation-through-sea-turtle-adoption-initiative-with-subsum

Bybit

Continue Reading

Blockchain

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

Published

on

libfx.com-announces-vision-to-build-a-world-class-financial-platform
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE