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  • ClearSoftware teams with Zellim to launch DAO team productivity app

    ClearSoftware teams with Zellim to launch DAO team productivity app

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    Zellim, an integrated software solutions company, today announced a partnership with ClearSoftware, a build of decentralized systems, to launch a new decentralized autonomous organization (DAO) platform. The joint efforts will result in decentralized integration of Zellim’s all-in-one productivity platform.

    Many of Clear’s companies and organizations operate as decentralized autonomous organizations (DAOs) with offices all over the world including the United States, Canada, New Zealand, Taiwan, China, the Netherlands, and India.

    “With thousands of businesses having to shut their doors for good since the start of the pandemic, our team has worked hard to combine the most necessary communication and productivity tools into one affordable app. This partnership now allows us to give users the latest in privacy & security too.”
    – Jerry Ulrich, Zellim Founder & CEO

    The Zellim platform includes popular productivity and communication tools including contacts, project management, video conferences, voice channels, encrypted team chat, an automated appointment calendar, document vault, and much more.

    ClearSoftwares privacy quest is well underway and based on the partnership with Zellim, the exclusive decentralized integration of the ClearONE Teams Platform will soon be included on every ClearPHONE. These ‘new-age’ devices utilize blockchain technology to give users the utmost security.

    “With the integration of this platform, users can communicate with their team, share files, and run their business with the peace of mind that comes with ClearSoftware products. While the platform is in Alpha release, we’re accepting pre-registrations. We’re offering early adoption pricing which allows users to benefit from significant discounts. This special offer will only last while we’re wrapping up the final stage of development.”
    – Michael Proper, ClearSoftware Chairman

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  • Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs

    Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs

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    Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets.

    Both firms will first meet with an estimated 30 central banks to discuss the goals that governments hope to achieve with government-backed digital currency. The pilot program is scheduled to begin in the spring of this year.

    Visa To Pilot CBDC In Select Countries

    Visa (V) announced on Thursday that it will take its crypto services to the next level by teaming with blockchain software company Consensys to create a central bank digital currency onramp (CBDC).

    The payments giant plans to launch a “CBDC sandbox” in the spring, where central banks can try out the technology after minting it on Consensys’ Quorum network.

    visa

    Visa Trades At $214. Source: TradingView

    Customers will be able to use their CBDC-linked Visa card or digital wallet anyplace Visa is accepted globally, according to Catherine Gu, Visa’s head of CBDC, who spoke with ConsenSys in a blog post Q&A.

    Gu Said:

    “If successful, CBDC could expand access to financial services and make government disbursements more efficient, targeted and secure – that’s an attractive proposition for policy makers.”

    A CBDC is a type of central bank obligation that is issued in digital form and can be used by the general public, comparable to the US dollar.

    Related article | Visa Survey Shows Crypto Payments Could Boom In 2022

    Countries Are Launching CBDCs

    The decision comes as regulators around the world struggle to figure out how to treat CBDCs in a changing financial landscape dominated by cryptocurrencies. The notion that crypto and digital money will upend financial markets or replace fiat currency is a major issue.

    Mastercard also announced the launch of a CBDC test platform in 2020, which allowed banks to simulate the issuance, distribution, and exchange of CBDCs amongst banks, financial service providers, and consumers.

    “Central banks are moving from research to actually wanting to have a tangible product they can experiment with,” Chuy Sheffield, Visa’s head of crypto.

    If Visa is successful, it might help bridge the gap between central banks and financial institutions. Visa is accepted by over 80 million merchant locations worldwide.

    In the last year and a half, the number of countries investigating CBDCs has more than doubled. According to the Atlantic Council’s CBDC tracker, at least 87 different countries — accounting for 90% of global GDP — are considering financial technology in some way.

    China has already started a number of digital yuan pilot initiatives and plans to accept the currency for the Beijing Winter Olympics. Nigeria and the Bahamas have their own CBDCs in circulation.

    In early December, Visa announced the formation of a worldwide crypto advisory practice to assist financial institutions in developing their cryptocurrency operations as demand for crypto goods grows.

    Related article | Visa Is Building A Payment Channel Network On Ethereum

    Featured image from Pixabay, chart from TradingView.com

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  • Sentinel teams with StrongBlock for node growth and enhance dVPN utility

    Sentinel teams with StrongBlock for node growth and enhance dVPN utility

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    Sentinel, an interoperable networking layer for distributed services, today announced a new partnership with StrongBlock, a Nodes-as-a-Service (NaaS) provider. Sentinel is a blockchain framework for building decentralized VPN (dVPN) applications.

    StrongBlock is a trailblazer in monetizing node operation, utilizing DeFi protocols and NFTs to incentivize the node community. It provides tools allowing anyone, even a non-technical user, to launch blockchain nodes and be a part of the blockchain ecosystem while earning rewards for running them.

    With a community of over 55,000 StrongBlock nodes running through more than 8,300 operators; this partnership will be another step in truly scaling Sentinel’s decentralized VPN. In contrast, existing centralized VPN competitors fail to provide this scale and are at a high risk of a single point of failure.

    StrongBlock + Sentinel

    Led by blockchain and enterprise software veterans CEO David Moss, CTO Brian Abramson, and CPO Corey Lederer; StrongBlock is the first and only cross-chain protocol to reward nodes for supporting the infrastructure of their blockchain.

    The STRONG protocol and node reward mechanism integrated with NFT token incentives, lays the foundation for stronger, more secure, and economically sound blockchain networks.

    Sentinel’s network consists of nodes that share their bandwidth and which decentralized VPNs and other such services are built. The purpose of the Sentinel ecosystem is to empower universal access to the internet in a trusted and provable manner.

    Besides this news today, Sentinel offers an opportunity to be part of its ecosystem through its Ambassador Program; inviting like-minded individuals from across the globe to participate, grow the network and build communities.

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