Press Release
Encryption: the Cornerstone of Cryptocurrencies
Dubai, UAE, 5th May 2024, Cryptography is an interdisciplinary field that intersects mathematics, computer scientists, information security experts, and many others. Its primary focus is on data privacy and integrity, which are vital for the security of users and the information they share in most imaginable apps and platforms. Naturally, cryptography is also extensively utilized in the crypto field, giving the latter its name.
Cryptography & Encryption
The developments and improvements in cryptography and encryption have been impressive throughout the years. This transformation highlights the continuous demand for improved security measures. Modern blockchain networks utilize sophisticated algorithms that depend on various encryption methods to protect digital assets and private information.
Encryption involves using ciphers to turn human and machine-readable plaintext into unreadable ciphertext. Plaintext refers to any easily readable or understandable data that anybody can thus access. Encrypting it into ciphertext provides an extra layer of security by making it unreadable to unauthorized individuals. This way, sensitive and confidential information cannot be easily intercepted and read if relayed over the Internet.
Encryption keys are the critical components of ciphering and deciphering any transferred information. Encryption types are often distinguished based on the number of keys used. Symmetric encryption rely on one secret key for both encryption and decryption, while asymmetric one utilizes a secret, private key along with a public one. Therefore, the latter is considered more advanced security-wise.
Encryption in Crypto
Encryption plays an essential role in cryptocurrencies, enabling their secure, decentralized, privacy-preserving nature. Blockchain was initially designed with the aim of establishing safe communication between parties, with cryptography and hashing being the two fundamental concepts underpinning it. Cryptography is implemented to encrypt messages in peer-to-peer networks, while hashing is utilized to safeguard data on the block and connect the blocks within a blockchain.
Hashing contributes to the security and immutability of blockchains. It is employed to code the information into an unreadable, unchangeable, and unhackable text. Unlike the traditional, key-based encryption methods, hashing uses a cipher to turn the plaintext into a distinctive and unique string of text of a fixed length. Detecting threats in a blockchain is made easier and faster by the fact that even a small alteration in the input data can produce an entirely different output. This characteristic ultimately leads to an elevation in the overall security of the blockchain.
With the development of cryptology, many new techniques, methods, and algorithms appeared that targeted different shortcomings of original methods. For instance, Elliptic Curve Cryptography (ECC) was designed to maximize the efficiency of asymmetric cryptographic methods. By taking advantage of the mathematical properties of elliptic curves over finite fields, ECC is able to offer the same level of security as orthodox asymmetric algorithms but with smaller key sizes. This allows for a higher degree of efficiency and compactness, which are highly useful for the creation of a more secure and lightweight transaction authentication.
Zero-knowledge proofs (ZK proofs) is another widely discussed direction of encryption development that is revolutionizing the DeFi space by bringing privacy and security to a new level. A ZK proof is a cryptographic method used to prove the truth of a given statement to one party by another party without disclosing any personal information at all. ZK proofs are currently receiving high interest from the crypto community, searching for ways to ensure the DeFi industry’s decentralization and security. The most prevalent ZK algorithms include zk-SNARKs and zk-STARKs. These algorithms are increasingly incorporated into DeFi projects to enable more confidential, secure, and efficient trading.
Conclusion
Encryption lies at the heart of cryptography, providing the essential mechanisms for securing transactions, communications, and digital assets in the realm of cryptocurrency. By understanding the principles and functionalities of these encryption techniques, blockchain developers, cryptocurrency users, and security professionals can effectively safeguard their digital assets and ensure the integrity and confidentiality of their transactions on the blockchain.
Kinetex Network: Website | Kinetex dApp | Blog
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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.
Lahore, Punjab, Pakistan, 27th Dec 2024 – Pakistan’s leading digital travel platform Bookme has become the first and only Pakistani platform to integrate flyadeal, Saudi Arabia’s fast-growing low-cost airline, into its system as the carrier prepares to launch flights from Pakistan to Riyadh and Jeddah.
Aligned with Bookme’s partnership with the Saudi Tourism Authority, this integration offers affordable flight options and a seamless booking experience for flights to Saudi Arabia and inside the Kingdom, using both local and international payment channels.
Passengers can book domestic services within Saudi Arabia as well as the new Pakistan route flights beginning 2nd February 2025 using transactions in Pakistani Rupees to avoid foreign transaction fees.
This move will benefit both the Pakistani travellers and expatriates in the Kingdom of Saudi Arabia, enhancing their convenience and affordability. flyadeal is known for its value for money, everyday low fares.
Faizan Aslam, CEO of Bookme, said: “By integrating flyadeal, we continue our mission to simplify travel for Pakistanis heading to Saudi Arabia. This is also part of our commitment to Saudi Vision 2030, as we expand our partnerships across the Kingdom. flyadeal’s entry into Pakistan with new flights starting soon is a great news for travellers and we look forward to being close partners with flyadeal in their success story out of Pakistan.”
Steven Greenway, flyadeal Chief Executive Officer, said: “flyadeal is delighted to welcome Bookme as a key travel partner in Pakistan, a market where there’s huge demand for travel to Saudi Arabia and within the Kingdom. Our new Karachi flights serving Jeddah and Riyadh are a stepping stone for further planned expansion in Pakistan.”
Bookme’s vast reach and local payment options make travel between the two countries more cost-effective and streamlined. Click here to explore tickets to and within Saudi Arabia in Pakistani Rupees. The inventory is available on Bookme.pk, its app, partner platforms, and Bookme.sa.
Operating from bases in Riyadh, Jeddah and Dammam, flyadeal serves almost 30 domestic and international year-round and seasonal destinations in the Kingdom, Europe, Middle East and North Africa. Significant international expansion is planned in 2025 with Pakistan being the airline’s first market in South Asia.
flyadeal’s extensive domestic network covers 16 destinations. Aside from its three Saudi gateway cities, flyadeal serves Abha, Al Bahah, Al Hofuf, Bisha, Gizan, Hail, Madinah, Neom, Qassim, Tabuk, and Taif, with Najran and Yanbu being added to the network from 1 January 2025.
About Bookme: Bookme is Pakistan’s first and largest all-digital travel and ticketing platform, serving over 14 million users. With integrations across 20+ banks, fintech platforms, and super apps, it offers a wide range of travel, entertainment, and ticketing services. Now expanding into the Saudi market with www.bookme.sa For more information, visit www.bookme.pk.
About flyadeal:
On 23 September 2017, National Day of the Kingdom of Saudi Arabia, flyadeal began operations with its historic maiden flight from Jeddah to Riyadh. A pioneer and innovator, flyadeal was the first regional low-cost airline to be launched only across digital distribution channels. Since day one, over 30 million passengers have flown with flyadeal.
Media Contact
Organization: Bookme
Contact Person: Muhammad Taimoor Ali (C.O.O – Bookme)
Website: https://bookme.pk/
Email: taimoorali@bookme.pk
City: Lahore
State: Punjab
Country: Pakistan
Release Id: 27122421965
The post Saudi Arabia’s biggest budget airline flyadeal appoints Bookme as key travel partner appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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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
BRP Surges as the Crypto Community Takes Notice: A New Chapter in Decentralized Governance
The Banana Republic Token (BRP) is Making Waves
Dubai, UAE, 28th December 2024, ZEX PR WIRE, The Banana Republic Token (BRP) has caught the attention of the crypto community with remarkable growth. In just 12 hours, BRP experienced a stunning +$10.3K% price surge, reaching $0.0003. This surge has sparked interest from investors and enthusiasts alike, as BRP begins carving its space in the decentralized governance landscape.
Highlights of BRP’s Momentum
Exceptional Price Growth: A notable +$10.3K% increase over a single day has propelled BRP to the top of crypto watchers’ lists.
Growing Community: With over 400 holders already on board, BRP’s community is expanding rapidly, reflecting growing interest in its vision.
Whale Activity: Addresses linked to major platforms like Binance and Bitget have been observed accumulating BRP in meaningful quantities.
Why BRP Stands Out
Innovative Governance: At the heart of BRP is BananaDAO, a decentralized governance system empowering its community to lead decision-making.
Exciting Roadmap: Key features like the Tapping Game and BRD-ID are set to enhance BRP’s utility and engagement.
Rising Institutional Interest: Early whale movements hint at the potential for broader institutional adoption.
What’s Next for BRP?
The Banana Republic’s ecosystem continues to gain traction, with its unique blend of decentralized governance and utility-driven innovation. As the project unfolds, all eyes are on BRP’s potential impact on the broader crypto landscape.
Ready to explore what’s behind this buzz? Be part of the growing community.
Trade BRP Now: gmgn.ai/sol/token/7QZ1tsRGcTa6Jmq5UZZUQqtxwVpma2an5VYjTTCbpump
Join the movement. Power to the people. Power to the peel. ????
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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.
Dubai, UAE, 28th December 2024, ZEX PR WIRE, The rise of decentralized finance (DeFi) continues to reshape the way individuals interact with financial systems. Among the notable players in this space is EtherForce, a platform positioned as a transformative force in empowering individuals with secure, transparent, and autonomous financial control. Built on the OP Ethereum blockchain, EtherForce seeks to create an inclusive and robust ecosystem where intermediaries are eliminated, and users are given equal rights and responsibilities. Let’s dive deeper into what EtherForce offers and why it matters.
What is EtherForce?
At its core, EtherForce is a decentralized financial platform that operates entirely on the OP Ethereum blockchain. The platform’s backbone is its immutable smart contract—a self-executing code that ensures that all operations are autonomous, transparent, and irreversible. Unlike traditional financial systems that depend on centralized institutions, EtherForce removes intermediaries and empowers users to engage directly with one another.
The philosophy behind EtherForce is simple yet profound: equal rights for everyone. Both founders and users are given the same opportunities, making the platform a level playing field. This concept of decentralized equality is one of EtherForce’s key differentiators.
How Does EtherForce Work?
EtherForce leverages smart contracts to handle all transactions and operations. These contracts ensure:
• Decentralization: All activities on EtherForce are fully peer-to-peer, without reliance on central authorities.
• Transparency: Every transaction is recorded on the Ethereum blockchain, offering full visibility to participants.
• Immutability: Once deployed, the smart contract cannot be altered, guaranteeing that the rules governing the platform remain consistent.
• Security: By removing centralized points of failure, EtherForce mitigates risks like hacks or fraud.
These features make EtherForce a trusted ecosystem for individuals seeking financial autonomy in a secure and efficient manner.
Key Features of EtherForce
1. Decentralization:
Unlike traditional financial platforms that rely on central banks or intermediaries, EtherForce is entirely decentralized. This ensures that users have full control over their assets and transactions.
2. Autonomous Operations:
The platform’s smart contract operates independently, meaning no central authority governs it. This eliminates human error and biased decision-making.
3. User Equality:
EtherForce prides itself on creating an equal-opportunity environment where all participants—whether early adopters or new users—have the same rights and responsibilities.
4. User-Friendly Dashboard:
To simplify user experience, EtherForce provides a real-time dashboard. This interface offers seamless monitoring and control, with data-driven insights that empower users to make informed decisions.
5. Security and Transparency:
All transactions and activities are visible on the Ethereum blockchain. This open ledger ensures transparency while maintaining high security standards.
6. Cost Efficiency:
By removing intermediaries, EtherForce reduces costs associated with traditional banking or payment platforms.
Why EtherForce Matters in the DeFi Ecosystem
EtherForce represents the core values of DeFi: autonomy, transparency, and inclusivity. Here are a few reasons why this platform is significant in today’s rapidly evolving financial landscape:
• Financial Freedom: Users no longer need to rely on centralized institutions for transactions or asset management. EtherForce offers complete control over funds and decisions.
• Immutable Contracts: The trustless nature of the platform ensures users are not at the mercy of human interference or changes in policies.
• Borderless Transactions: EtherForce enables global, borderless transactions, making it an ideal platform for individuals and businesses worldwide.
• Economic Empowerment: By offering equal opportunities to all users, EtherForce empowers individuals, regardless of their financial or
geographical background.
How EtherForce is Unique
While many DeFi platforms offer decentralization, EtherForce takes it a step further by emphasizing true equality between founders and users. Traditional systems—even in decentralized environments—often allocate privileges or rewards disproportionately to early adopters or founders. EtherForce disrupts this dynamic by ensuring fairness across all participants.
Additionally, the platform’s real-time dashboard sets it apart, providing an intuitive and powerful tool for users to monitor and manage their activities. Whether you’re an experienced crypto enthusiast or a newcomer, EtherForce simplifies the complexities of blockchain-based finance.
Use Cases for EtherForce
1. Peer-to-Peer Transactions:
Individuals can send and receive funds directly, without intermediaries or excessive fees.
2. Transparent Investments:
Investors can engage in blockchain-based projects with the assurance of transparency and security.
3. Global Accessibility:
EtherForce’s decentralized nature makes it accessible to anyone with an internet connection, removing barriers imposed by traditional financial systems.
4. Community-Centric Governance:
The platform aligns with the principles of decentralized governance, giving all users a voice in how the system evolves.
Conclusion: The Future of Decentralized Finance
EtherForce is more than just a DeFi platform; it is a movement towards a fairer and more inclusive financial future. By combining the power of Ethereum’s blockchain with a user-centric approach, EtherForce is setting a new standard in decentralized finance. With its focus on autonomy, transparency, and equality, the platform has the potential to revolutionize how individuals and businesses interact with financial systems.
Whether you’re a seasoned blockchain enthusiast or someone exploring DeFi for the first time, EtherForce provides a compelling ecosystem to experience the power of decentralized finance. As the platform continues to grow, it stands as a beacon of what financial systems can achieve when built on the principles of trustlessness, security, and inclusivity.
Join the revolution. Explore the EtherForce ecosystem today.
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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.
Saudi Arabia’s biggest budget airline flyadeal appoints Bookme as key travel partner
BRP Surges as the Crypto Community Takes Notice: A New Chapter in Decentralized Governance
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