Blockchain
NetSepio joins peaq to build a DePIN-powered VPN service
peaq, the layer-1 blockchain for DePIN and Machine RWAs, announces the expansion of its ecosystem as NetSepio joins to decentralize VPN services. NetSepio is building a network enabling anyone to add their bandwidth to its DePIN and provide secure and anonymized Internet access to people and businesses anywhere in the world. It will leverage peaq to build a live repository of the available hotspots and mint its token natively on peaq, the home of DePIN.
Online privacy is one of the top worries of today, spurred by the blossoming AI industry and its gargantuan appetite for data. Virtual private networks, or VPNs, are a crucial tool for anyone who’d like to keep their browsing private, working to obfuscate your location, identity, and IP address. However, centralized VPN services are not without their flaws, with some of them selling their users’ data, which effectively defeats their own purpose.
NetSepio changes the game by tapping the Web3 stack to decentralize the VPN and Wi-Fi services. Anyone can join its Erebrus network and earn rewards for sharing their bandwidth with people who want to privately browse the Web or access geo-fenced applications. Enterprises can sponsor VPN for their end users and expand their reach and user base. The network uses zero-knowledge proofs to ensure the users’ privacy by validating authenticity of nodes and peers. It also leverages community insights to proactively detect possible threats, granting the community an additional level of security. The VPN service runs on NFT subscriptions, which can be purchased with crypto in a pseudonymous way. In its beta phase, it has already onboarded 500 users and has grown to 10 nodes, with dozens more to join.
As part of its integration with peaq, NetSepio will make its network of VPN and Wi-Fi nodes discoverable via peaq, using peaq IDs as its identity standard. It will deploy the smart contracts running its business logic on peaq and add real-time status reporting for the nodes. Finally, it will deploy its dApp on peaq mainnet and mint its token on peaq.
“Our online footprint has never been hunted as vehemently as it is today,” says Shachindra Kumar, CEO and Founder of NetSepio. “NetSepio is here to grant everyone the last-mile connectivity and privacy they deserve, leveraging the DePIN model to give the community ownership over the very infrastructure that delivers it the VPN and Wi-Fi services. By leveraging peaq’s secure, scalable, and versatile network, Erebrus Protocol offers reliable, high-speed Internet access while ensuring data integrity and privacy, perfectly aligning with our mission to democratize Web access and security.”
“Privacy is a core Web3 value, and a decentralized VPN service is perfectly aligned with its ethos,” says Leonard Dorlöchter, co-founder of peaq. “With its Erebrus Protocol, NetSepio is giving the world a community-owned VPN and Wi-Fi service secured by trustless Web3 mechanisms and top-notch encryption. We are thrilled to see it join peaq, the home of DePIN, and look forward to its launch and growth.”
The post NetSepio joins peaq to build a DePIN-powered VPN service appeared first on HIPTHER Alerts.
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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