Blockchain
Coinfield Selects Datavault’s Patented NFT Minting, Management, and Monetization Platform For Purchases In Over 187 Countries Worldwide
Data Vault Holdings Inc., leading the way in tokenomics and metaverse data visualization, valuation, and monetization, today announces a deal with leading international cryptocurrency exchange Coinfield, which has established users within 187 countries and has an average daily trade volume of $33 million per day. Coinfield will leverage patented tools provided by Datavault® that enable end users to mint their own crypto tokens and market them through its leading global exchange. Datavault’s patented technology will provide Coinfield’s NFT exchange with robust tools for both the creation and monetization of NFT assets.
In the evolution of the cryptocurrency market, NFTs surged to $10.7 billion in Q3 2021, more than eight times the sales volume in Q2 2021. Datavault® technology is strategically positioned to tap into the vast opportunities within this emergent market, and its value is unlocked inside the scale and volume that Coinfield has established within traditional cryptocurrency trading. The combination of both Coinfield’s existing and growing user base and Datavault’s NFT platform creates the largest and most technically equipped NFT exchange ever built.
“While NFTs have existed for a number of years, the market is still very nascent. It is only within the last two years that NFTs have experienced tremendous growth and interest from sectors both fringe and mainstream. For those of us dedicated to the advancement of data transformation, who have predicted the financial and societal benefit of data autonomy for years, the explosion of NFT creation and trading in 2021 is a watershed moment for the data industry. Our empowerment of Coinfield with our patented NFT platform will create minting, management and monetization capabilities that are second to none. This new Coinfield NFT Exchange powered by Datavault® will augment the company’s profitability within the growing metaverse,” states Nathaniel Bradley, co-founder and CEO of Data Vault Holdings.
Coinfield currently serves 240,000+ users and anticipates a substantial increase in trading volume with the onboarding of 9 to 10 million mobile and trading platform users from Tingo Mobile, a leading agri-fintech business based in Africa. As a fully regulated crypto-to-fiat exchange, Coinfield provides access to more than 20 of the most popular digital assets that include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and now through Datavault®, non-fungible tokens (NFT’s). Coinfield also serves as an on and off-ramp for major fiat currencies USD, EUR, GPB, JPY, CAD, and AED. In 2021, Coinfield serviced $17 billion in transactions. The exchange can also sustain 10,000 orders per second.
The introduction of an NFT exchange powered by Datavault® will allow Coinfield users to monetize individual data assets. These assets–which may include but are not limited to art, GIFs, video highlights, collectibles, avatars, music, or tweets–will be transformed into one-of-a-kind digital items to buy, sell or trade through the Coinfield NFT Exchange, powered by DatavaultⓇ.
Benefits of NFT creation through Coinfield include value preservation, increased liquidity through decentralized finance (DeFi), enhanced security through blockchain technology, and authenticated, immutable ownership.
The Coinfield NFT Exchange powered by Datavault® will enable consumers to take advantage of this new asset class. This agreement represents a leap forward in providing companies with the suite of crypto technology tools needed to access the full potential within the metaverse.
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Blockchain
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Blockchain
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.
“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.”
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