Press Release
Achieve the secret transaction of digital currency, Red Capital builds PAP decentralized electronic cashier’s check system
How long did the openness and transparency of the blockchain become its own pain point? The blockchain technology that changes the world combines distributed ledgers, peer-to-peer networks, and consensus mechanisms. It has the characteristics of decentralization, anonymity, non-tamperability, and encrypted operations. However, the current mainstream blockchain adopts an open and transparent ledger. Anyone can query the total amount of funds and fund relevance of each address, which is extremely easy to be monitored, and there are programs on the market to monitor specific addresses and transactions, although the addresses have Anonymity, but most digital currency exchanges need to complete real-name verification, so as long as the digital currency enters a centralized exchange or wallet, there is a high probability that the private information of the digital asset owner can be found.
There are hundreds of billions of dollars of digital currency circulating in the market every day, and these transactions are recorded on an open and transparent blockchain ledger. Any user can find it on it, whether it is account balance, transaction records, and capital flow. under the sun. The application of digital currency is an inevitable trend. Imagine that you use digital currency to buy goods in the store in the future. When you pay to the store, the store will know how much money is in your wallet, where the money comes from, and where the money will go in the future. Although the characteristics of openness and transparency help regulatory agencies to conduct supervision, it is a big challenge for user privacy and security. As the number of users and the utilization rate of digital assets continue to increase, the demand for asset security, privacy and stability has formed a market. The pain point is that it needs to be reformed by new technology.
The current “hidden coins” are all built on their own blockchains, and their own digital currency transactions must be used to achieve the effect of concealment, which does not meet market needs. Such as DASH Dash, XMR Monero and ZEC, the market for these hidden coins is not very hot. Most users still use Bitcoin BTC, Ethereum ETH, TEDA USDT or issued based on ERC-20 specifications. Digital currency.
Red Capital and PAP Labs have developed a solution that can be applied to mainstream digital currencies and can achieve decentralization, security and concealment-the “decentralized electronic cashier’s check system”, which is expected to be in the hundreds of billions of dollars. The asset trading market occupies a place and contributes to the implementation of digital currency to solve the privacy and security pain points of future physical transactions.
The decentralized electronic cashier’s check system PAP SYSTEM , named after privacy and protection , is a set of decentralized “electronic cashier’s check protocol”, built on Ethereum In the smart contract, the code is completely open, and the “indefinite bearer electronic promissory note” that does not require a third-party trust basis, adopts the “zero-knowledge concise non-interactive knowledge argumentation” (zk-SNARK) and a mixed data structure, and at the same time guarantees the holding of the promissory note Some of the anonymity, privacy of message transmission, and privacy of data structure provide the most secure hidden transactions to ensure that the platform’s core data information is safe and correct. Even big data trackers cannot track transactions.
Using Zero Knowledge Proof Technology Zero Knowledge Proof Zero Knowledge Proof
is an encryption protocol that allows the prover to confirm the authenticity of the statement to the verifier without revealing any information about the proven message to the verifier. The simplified non-interactive proof of knowledge (zk-SNARK) algorithm in the zero-knowledge proof can be used to prove the declaration of private data, anonymous authentication, anonymous payment and outsourcing calculations, so in digital currency transactions, the availability of funds for user transactions can be checked , Without revealing the identity of the user and how much money is in his account to network participants, so it is very suitable for hiding the amount and flow of digital assets of the user.
If the mixed data structure
only uses zero-knowledge proof of zk-SNARK, it cannot achieve true on-chain concealment, because the data structure of the smart contract is public. If a single transaction is separately coded and recorded in the smart contract, then Just checking the field changes can connect the depositor and the proposer. The PAP system has joined the hybrid collection technology. Anyone who deposits into the contract to generate an electronic promissory note will be added to a growing data structure, and this structure is protected by encrypted calculations, and only the key of a certain promissory note is known. People who use zk-SNARK to send the encrypted key into the contract can verify that the key is indeed listed in the data structure. The entire process, including the key and the data structure, will not be completely encrypted, so there is no way to know After all, the key belongs to which depositor.
The PAP system supports mainstream Ethereum wallets (Metamask, imtoekn) and mainstream digital currencies (Ether, USDT, and ERC-20 digital currencies). Users deposit digital currencies into the PAP system, and a set of encrypted electronic currencies will be generated at this time. The promissory note, when you want to retrieve the digital currency, you can use the group of promissory notes to redeem it to any address in the PAP system. The process is fully encrypted and protected.
- Figure: PAP decentralized electronic cashier’s check logic
The PAP system collects a handling fee of 0.2% of the promissory note value as income for each service, and creates an exclusive token economy, issuing PAP Token secret coins, and when issuing electronic promissory notes, users can obtain PAP Token secret coins as rewards. PAP can be pledged. Based on the spirit of the sharing economy, the fee income will be proportionally distributed to all users who pledge PAP Token. In addition to the pledge, it can also be taken out at will. Users who hold PAP can participate in community governance, and can vote on related governance parameters, including but not limited to currency denominations, number of rights, handling fees, profit sharing ratio, or vote for new ERC-20 specification currencies to be listed.
Red Capital took the lead in supporting the PAP decentralized electronic cashier’s check system. It is the only company that opens up public participation and shares profits, solves the pain points of digital currency payment and creates a new era of digital currency transactions.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Bitcoin trading market fluctuates and adjusts, XBIT platform helps investors grasp the market pulse
On April 27, 2025, the global cryptocurrency market continued to fluctuate. After experiencing a strong rise in the previous period, the price of Bitcoin (BTC) has recently entered a period of adjustment. According to the latest data, the current price of BTC is about US$94,450, down about 0.66% from the previous trading day. Market analysts pointed out that the current Bitcoin trading market is affected by multiple factors, and investors need to pay close attention to market dynamics and reasonably adjust their investment strategies.
Twitter : @XBITDEX
Market analysis: Bitcoin market enters adjustment period
Recently, Bitcoin price has experienced a certain degree of correction after breaking through the $100,000 mark. Analysts pointed out that the current market sentiment tends to be cautious, and some investors choose to take profits, resulting in price fluctuations. In addition, macroeconomic factors such as expectations of US interest rate hikes and global inflationary pressures also have an impact on Bitcoin prices.
Although Bitcoin prices have adjusted in the short term, the market remains optimistic about Bitcoin’s prospects in the long run. Many institutions predict that by the end of 2025, the price of Bitcoin is expected to reach $200,000, mainly benefiting from the continued influx of institutional investors and the reduction in Bitcoin supply.
XBIT platform: Providing investors with a stable trading environment
Against the backdrop of increased market volatility, it is particularly important to choose a safe and stable trading platform. XBIT (dex Exchange) provides users with a reliable trading environment with its advanced technical architecture and strict security measures. The platform uses multiple encryption technologies to ensure the security of user assets and automates and makes transactions transparent through smart contracts.
Twitter : @XBITDEX
In addition, XBIT (dex Exchange) also provides rich market data and analysis tools to help users grasp the Bitcoin trading market in real time and make wise investment decisions. The platform’s user interface is simple and intuitive, supporting a variety of trading strategies to meet the needs of different investors.
It is worth mentioning that the XBIT platform also actively responds to market demand and continuously launches new features and services, such as leveraged trading, option trading, etc., which further enriches users’ trading options. The platform’s professional customer service team also provides users with 24-hour support to ensure that problems encountered by users during the transaction process can be solved in a timely manner.
Investment advice: look at market fluctuations rationally and formulate reasonable strategies
In the face of the current fluctuations in Bitcoin trading, investors should remain rational and avoid blindly following the trend. It is recommended that investors formulate reasonable investment strategies and diversify investment risks based on their own risk tolerance. At the same time, pay close attention to market dynamics and adjust investment portfolios in a timely manner to cope with market changes.
Twitter : @XBITDEX
In addition, choosing a reliable trading platform is also the key to ensure investment security. XBIT (dex Exchange) has become the first choice for many investors with its safe and stable trading environment and rich functions. In the future, the XBIT platform will continue to be committed to providing users with better services and helping investors to move forward steadily in the cryptocurrency market.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
United States, 26th Apr 2025, – Cloom Tech, a reputable company specializing in custom wire harnesses and cable assemblies, has expanded its service offering to include prototype cable assembly manufacturing. The new service is designed to assist industries such as automotive, robotics, medical devices, and aerospace by providing high-quality prototype cable assemblies that can be tested and refined before large-scale production. This move highlights the company’s commitment to supporting its clients throughout the entire product development cycle, ensuring that projects meet the necessary functional, technical, and performance requirements.
Ivy Zhao, Spokesperson for Cloom Tech, remarked, “The introduction of prototype cable assembly manufacturing is a natural progression for Cloom Tech. By offering this service, the company enables clients to test their designs and make necessary adjustments before proceeding with full-scale production. This service addresses the need for precision and reliability in industries that require high-performance cable assemblies, such as automotive, medical, and aerospace.”
Prototype cable assembly services play a crucial role in the development of new technologies and products. They allow businesses to identify any design flaws and refine their systems before committing to large-scale production. Prototypes provide an opportunity to evaluate the functionality and reliability of cable assemblies in real-world applications, ensuring that the final product meets the required specifications. For industries with complex and highly technical needs, this service provides critical support in verifying design concepts and mitigating potential risks early in the process.
Cloom Tech’s approach to prototype cable assembly manufacturing includes offering design support, where expert teams work closely with clients to ensure that their prototypes are optimized for both performance and durability. The company’s engineers assist in every step of the design process, ensuring that each assembly is capable of meeting the client’s specific requirements. This process allows businesses to make informed decisions about their designs, ultimately improving the final product and reducing the likelihood of costly errors during mass production.
“At the core of prototype manufacturing is the need for close collaboration between the client and the manufacturer,” Zhao continued. “By offering this service, Cloom Tech helps clients refine their designs, ensuring that the final cable assemblies are reliable and ready for production. The ability to test, adjust, and perfect designs is essential to achieving the desired outcomes for complex projects.”
The growing reliance on electronics in various industries has created a need for increasingly sophisticated cable assemblies. As electronic systems become more advanced, so too must the wiring solutions that support them. Prototype cable assemblies allow industries to test these evolving technologies in a controlled environment, ensuring that the final products are both efficient and durable. Cloom Tech’s expanded service offering reflects the growing demand for high-quality cable assemblies capable of performing under demanding conditions.
With expertise across multiple industries, Cloom Tech continues to provide tailored solutions for its clients, addressing the unique needs of each sector. Whether in automotive, robotics, or medical devices, the company’s custom cable assemblies are designed to meet the stringent performance and reliability requirements that these industries demand.
Looking forward, Cloom Tech plans to continue expanding its services to better support the evolving needs of its customers. As the demand for more complex and advanced systems grows, the company aims to further enhance its capabilities, ensuring that it can provide cutting-edge solutions to industries with increasingly sophisticated technical requirements.
Zhao concluded, “The future of cable assembly manufacturing will involve continuous adaptation to meet the needs of various industries. Cloom Tech is committed to expanding its services and providing clients with the tools and support they need to innovate. The introduction of prototype cable assembly manufacturing is just one of many steps toward ensuring that the company remains at the forefront of the industry, providing reliable and high-performance solutions for complex projects.”
For more information, Cloom Tech, a provider of Prototype Cable Assemblies, can be reached at +1 863 434 8447 or via email at sales@cloomtech.com. The company is located at 9251 NW 112th Ave, Medley, FL 33178, USA.
Media Contact
Organization: Cloom Tech
Contact
Person: Ivy Zhao
Website:
https://cloomtech.com/
Email:
sales@cloomtech.com
Contact Number: 18634348447
Address:9251 NW 112th Ave
Address 2: Medley, FL 33178
Country:United States
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United States, 26th Apr 2025, – In today’s hyper-connected globe, connectivity is more critical than ever. Whether a global traveler, digital nomad, or enterprise requiring continuous IoT solutions, Eiotclub offers the intelligent connectivity required to succeed. Eiotclub serves as a single-source partner in exploring the world of eSIM and SIM card technology, providing a complete solution spectrum that makes connectivity an effortless experience.
Your Gateway to Seamless Connectivity
For Eiotclub, connectivity transcends mere signal strength; it encompasses the right signal quality, tailored plans, and exceptional support. This philosophy has driven the company to develop an extensive portfolio of specialized eSIMs and prepaid SIM cards designed to address diverse connectivity requirements across multiple scenarios. Whether customers need reliable connections for home routers with dedicated router SIM cards, continuous monitoring through security cameras, or seamless data access while traveling across more than 200 countries worldwide, Eiotclub delivers purpose-built solutions for every application. Their versatile product range ensures that regardless of the device or global location, customers can find the ideal connectivity solution tailored to their specific needs, including specialized options for router SIM card implementation in various IoT deployments.
Why Eiotclub?
Guaranteed Quality Eiotclub uses the best network providers to ensure their eSIMs and SIM cards offer fast and stable connections. They test their products extensively to ensure they meet the highest level of quality in performance and security.
Expertise & Guidance
At Eiotclub, their connectivity specialist team is dedicated to making expertise available and guiding customers through the decision-making process. The team is intimately familiar with the ins and outs of eSIM and SIM card technology and stands by the customer’s side.
100% Prepaid Solutions
All Eiotclub’s eSIMs and SIM cards operate on a prepaid basis, giving customers complete control over their expenses. This prepaid model eliminates the risk of bill shock or unexpected charges that often occur with postpaid plans. Customers can confidently use their connectivity solutions worldwide without worrying about receiving excessive bills.
Convenient Shopping
The Eiotclub site offers a secure and easy-to-use shopping experience. Customers can compare plans, shop products, and activate their eSIM or SIM card with just a few clicks.
Quick Shipping
Eiotclub offers fast and reliable shipping options so customers can get their SIM cards efficiently and quickly.
Dedicated Customer Care
The customer care team is available to assist with any problem or question customers may have. Eiotclub is committed to providing better support at every step of the connectivity process.
Value-Added Services
Eiotclub offers a range of value-added services, such as data monitoring, usage alerts, and customized billing solutions, to allow customers to manage their connectivity in the best possible way. All their plans are prepaid, eliminating the risk of unexpected charges and providing customers with complete control over spending.
The Eiotclub Difference: It’s Not Just Connectivity
Eiotclub doesn’t just sell eSIM and SIM cards. They are a connectivity success partner. The company is dedicated to the belief that everyone everywhere should be able to afford, depend on, and trust connectivity.
Learning about eSIM Technology
eSIMs (embedded SIMs) are revolutionizing the way people access mobile networks. In contrast to conventional SIM cards, eSIMs are built directly into devices, without needing physical SIM cards. This has numerous benefits, including:
●Convenience: Switch between different mobile networks in the blink of an eye without the need to physically switch SIM cards.
●Flexibility: Have multiple profiles on one device, ideal for travelers or for customers who have business and personal lines.
●Space Saving: eSIMs take up less space than traditional SIM cards, making devices thinner.
Discover The Product Range
●Travel eSIMs: Stay connected when abroad with affordable and easy-to-use travel eSIMs. Choose from various data plans to suit individual needs.
●IoT SIM Cards: Fuel intelligent devices with secure and trustworthy IoT SIM cards. Eiotclub has different data plans and connectivity for different IoT applications.
●Physical eSIM Card: For devices that do not support eSIM functionality, Eiotclub also provides physical eSIM cards, which provide exactly the same functionality as a standard eSIM.This innovative product provides the exact same benefits and functionality as a standard eSIM but comes in a physical card format. This means you can insert it into the regular SIM card slot of any mobile phone, even those without built-in eSIM capability, and still enjoy the advantages of a digital SIM.
Change The Way You Stay Connected Today!
Join the Eiotclub family and bring the future of connectivity into existence. Explore their library of eSIMs and SIM cards, and discover the perfect solution. From seamless travel connectivity to robust IoT solutions, Eiotclub offers it all.
Media Contact
Organization: Eiotclub
Contact
Person: Media Relations
Website:
https://www.eiotclub.com/
Email:
hannah.zhang@dxytech.com
Country:United States
The post Eiotclub: Smart IoT Solutions for a Connected World appeared first on
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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