Blockchain
HEYBIT, a Digital Asset Robo-advisor, announced their Launch of Global Service
HEYBIT, a digital asset robo-advisor platform founded in 2018 by “Uprise,” a Korean fintech startup, announced it will hold an opening event to commemorate the launch of their global service.
In commemoration of entering the global market, HEYBIT offers the stable coin of 10 USDT (Tether) worth $10 upon initial subscription. In addition, if a user subscribes through the invitation code generates investment returns, 10% of the HEYBIT fee will be paid to the recommender and the new subscriber.
HEYBIT is a digital asset robo-advisor service with the aim of providing easy, convenient, and stable returns in volatile digital asset market. HEYBIT, Binance’s official partner, uses a quant algorithm-based strategy that can reliably handle high-frequency transactions and control volatility in digital assets to generate long-term profits.
To date, the cumulative transaction volume through HEYBIT is over $20 billion, and the cumulative return from November 2020 to December 2021 reached a rate competitive with other similar services. During the same period, MDD (Max DrawDown) was -11.25%, showing an effective defense of the decline compared to merely holding coins. As such, minimizing losses as much as possible while steadily making profits are the key strength of HEYBIT’s ForeFront strategy.
In recognition of its technological prowess, HEYBIT has won the grand prize at the startup program organized by the Korea UP Creative Audition and the Korea Development Bank (KDB) held in the same year after its establishment in 2018. Furthermore, HEYBIT was certified as “Future Unicorn” and “Technology Innovation Innobiz” through a program by the Ministry of SMEs and Startups, a Korean government agency established for SME policy.
Moreover, its business value and technology were recognized by a number of institutions such as Hana Bank, one of the largest banks in Korea, by signing R&D cooperation for financial services with robo advisor solutions. Also, it received 12 billion won (about $10 million) in investment through seed and series B round investment by 2020 and succeeded in attracting an additional $20 million dollars through series C round in 2021, increasing the total amount of investment attraction to $30 million dollars.
Now, HEYBIT is planning to expand its market share by driving the momentum to enter the global market. Visit HEYBIT’s official website for details:
SOURCE HEYBIT
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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Blockchain
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