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Blockchain

Unlock Web3 with the First-of-its-Kind Digital Identity & Asset Protocol by NEST®

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NEST®, the world’s first digital blockchain identity solution, introduces the Self-Sovereign Distributed Identity (SSDID) – a first-of-its-kind, confidential digital identity protocol. Through encrypted ownership, crypto and NFT lovers are given complete control, confidentiality, and provenance over all their digital assets across the Web3 environment. The NEST® solution offers an individual encryption capacity to essentially solve the problems of digital asset provenance, authentication, and fraud.

As a next-generation blockchain infrastructure with confidential, distributed identity and cross-chain asset control, NEST® enables a practical Web3 economy while addressing industry challenges through distributed ledger technology (DLT) identity control protocols. From NFTs to data asset management, NEST® users can confidentially create, authenticate, secure, earn and exchange digital assets or content using their own, personalized NEST® Self-Sovereign Distributed Identity. This solution also allows unlimited Zero-Knowledge Proof transactions and exchanges on almost any mainstream network.

A novel KYC/ AML process done in a confidential and decentralized manner

Creating an SSDID with NEST® equips users with a personal, hyper-encrypted digital identity – one that is completely decentralized thanks to its bespoke layer-zero blockchain. Users may understand the concept of the SSDID as similar to the traditional KYC and AML processes. However, the SSDID is uniquely constructed in a confidential and decentralized manner, allowing for user-led confidential controls, without the sacrificing of any personal data to centralized repositories. NEST® further caters to users’ choice and network selection by letting each decide how, where, and for what their full or partial digital identity may be used or disclosed.

Charles Anderson, Founder & CEO of NEST®, notes: “A common public misconception is that blockchain and smart contracts today somehow offer ironclad security and protection to participants. The truth is, billions of dollars worth of NFTs can easily be stolen within just a few clicks. Security and protection, provenance, and authentication have not yet been made either automatic or inherent. In other words, true ownership and control of digital identities and assets, even before transaction participation, has not been solved. That’s why NEST® has been painstakingly created for many years – to provide the missing piece that users require even before approaching Web3 as a tangible environment for participation.”

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The first non-custodial omni-wallet to confidentially confer legal and real-world ownership

NEST® is set to launch the first-of-its-kind mobile app in the third quarter of 2022. While only available through invitation at the moment, the NEST® app permits an all-in-one non-custodial omni-wallet, for users’ real-world identity authentication. It is the one-stop application for open Web3 and metaverse control. The app is designed to help users instantly unlock their Web3 journey, enabling them to mint, authenticate, secure, swap, and socialize via NEST® and confidentially through the SSDID protocol.

The NEST® app is a proprietary Web3 app that allows users to instantly mint or swap NFTs on mainstream blockchain networks, including Avalanche, Binance Chain, Ethereum, Klaytn, Polygon, and Solana. With hyper-low gas fees, users can further authenticate and register NFTs using the NEST® AI digital artwork database, which attributes legal provenance and ownership rights. It also allows for blockchain-powered social media censorship-free posts and end-to-end encrypted messaging and calls. The NEST® app provides device-side encryption with private key-pairs control for the ultimate security and protection of users’ assets.

Exceeding the digital identity industry standard

As an official associate member of the Decentralized Identity Foundation (DIF) – the industry standard for structuring digital identity – NEST® constantly strives to exceed the current industry and privacy standards by providing users with a unique platform to tangibly hold proof of real-world ownership across the digital space, without compromising their confidentiality.

With NEST®, decentralization no longer means anonymous or unsecured. Its leading Web3 infrastructure ensures every user has individually authenticated control of their cross-chain activities.

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Blockchain

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

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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.

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“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.

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Blockchain

Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum

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Blockchain

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

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