Connect with us

Press Release

FileMax Network: A decentralized data storage network with cross-chain support capability

Published

on

As of October 2020, the number of active internet users worldwide will exceed 4.6 billion which is over 59% of the global population. The users are distributed all over the world and with higher data capacity generated from 5G networks, daily access by users on the internet will result in a high market demand for cloud based storages.

Cloud storage refers to a collection of large number of different types of storage devices interconnected on a network. Using cluster applications, network technology, and distributed file systems, it provides data storage for business application access to the outside world. In simple terms, cloud storage is the collection of assessable storage resources for users using networkable devices at any time and any place.

The second leading global market research firm, MarketsandMarkets, projected that the global cloud storage market is set to grow from USD 50.1 billion in 2020 to USD $137.3 billion in 2025 at a Compound Annual Growth Rate of 22.3% for the period forecasted. The enormous growth of the cloud storage market has ignited a competitive war amongst storage service providers including big firms like Amazon, Alibaba Cloud, and Tencent Cloud thereby, increasing investments in their respective storage business segments.

While ensuring high availability and service convenience,  centralized cloud storage have faced many notable outage incidents. For example, in January of 2018, the Google Cloud computing was not available to multiple zones for more than 4 hours; in March of 2018, the Amazon Web Services server downtime caused a large-scale loss of voice data in the Alexa smart assistant; and, in June of 2018,  Microsoft Azure Ireland data center outaged for 11 hours which affected a large number of users.  

The rising commercial benefits of centralized data storage market is counter balanced by security threats. To address the threats faced by centralized storage, the Interplanetary File System (IPFS) from Protocol Labs is used to provide a resilient distributed file system for storage and sharing.

The IPFS protocol uses decentralized storage with encryption, point-to-point transmission and fast addressing. It enables storage of all kinds of file data safely, efficiently and permanently. Filecoin project is based on the IPFS protocol. It has achieved great success in the blockchain storage industry. However, with improvements to the blockchain technology, some limitations have emerged with Filecoin. They include design around Filecoin’s economic model and obstruction by chain links when putting together documents.

Russian technical geeks and former Amazon cloud storage core engineers have jointly developed a new blockchain project called FileMax. Based on the IPFS protocol, this project is the world’s first cross-chain storage network. It has the storage advantages of Filecoin and integrates the best practices of cutting edge cross-chain technology. FileMax Network sharing between storage in public chains is achieved by cross-chain data sharing at high-speed data transmission.

The aim of FileMax Network is to be a leader in global storage technology by disrupting the way how large amount of information is stored and shared by interconnected 5G mobile devices using the internet; and, to provide convenient, secure and efficient decentralized storage services for enterprises and individuals.

FileMax Network comprises of six main component layers: physical perception layer, data storage layer, intermediate platform layer, cross-chain layer, certificate domain layer and application services layer.

The core processing engine uses a number of technical protocols in processing transaction requests at respective layers including a FileMax Management Protocol (FMP), storage data distribution protocol, external chain interaction protocol, privacy-enhancing technology and block storage. The FMP has two core technology layers namely the physical (device) perception layer and intermediate platform layer.

The physical perception layer covers connectivity for Global Positioning Systems (GPS), Internet of Things (IoT) chips, 5G network modules, video data monitoring, sensory and auxiliary devices. This layer is the hardware endpoint of FileMax and is responsible for continuous data collection for FileMax.

The intermediate layer of the platform includes FMP, storage interfaces, IPFS interface, virtual engine, distributed computing and custom interface adapters. The FMP defines the connectivity requirements for various storage interfaces, including IPFS, storage controller interface, and general storage interfaces. The intermediate platform layer plays a vital role as the exchange hub between the software and hardware endpoints, chain nodes, and also the hub of many technologies.

With a view to support the powerful underlying technology, FileMax team will endeavor to develop and introduce products to achieve organic growth and integrity of the public chain.

The team has identified and planned the following applications: ICEY APP mining, audio-visual storage, 5G Internet of Things modules, edge computing and more interface adapters for the system using custom APIs and SDK.

ICEY APP product build is one of the key milestones on the project plan and it is the first deliverable. It is a distributed blockchain storage application product integrating blockchain, big data, crawler technology, cloud computing and other technologies. The development team is skilled and aim to bring together top blockchain engineers, cryptography geeks, storage experts, Big data analysts and other skills as required. ICEY APP is expected to increase user adoption under a token incentivization mechanism in the growth, development and construction of FileMax Network. It will offer opportunities to ‘create and innovate’ cycles for disrupting the cloud storage market.

FileMax Network uses a native token called FIM. It has a total issuance supply of 210 million, with the first issuance supply of 21 million, and the remaining 189 million are all generated through mining. To prevent users from monopolizing the token economy, the Foundation has limited the maximum of coins to ordinary user token holdings to not more than 2,000 FIMs, and there are no restrictions on corporate entities or institutions.

FIM plays a vital role in the entire FileMax Network token economy. Participants in FileMax mainnet mining must hold FIM tokens, hardware equipment access to the mainnet, 5G application storage, enterprise personal storage that will consume FIM tokens. On the roadmap, the FileMax team intends to transform FIM into a cryptocurrency 3.0, whereby it replaces other currencies as a new digital currency. FIM token has unlimited imagination and possibilities in the foreseeable future.

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.

Continue Reading

Press Release

Vista Finance Token: A Rising Star in the Crypto Market Poised for Growth

Published

on

Dubai, United Arab Emirates, 4th Apr 2025 – Vista Finance Token has made waves in the cryptocurrency market, surging from $2 to $44, boasting a fixed supply of 21 million tokens, and laying out an ambitious roadmap. With a dramatic 95% token burn scheduled for May 2025, upcoming listings on prominent exchanges, and a diverse ecosystem covering NFTs, fitness, and mining, Vista aims to establish itself as a key player in decentralized finance. But does this explosive growth reflect lasting potential or just short-term hype?  

Vista Finance Token: A Rising Star in the Crypto Market Poised for Growth

From $2 to $44: A Promising Surge  

Vista’s price increase—jumping 22 times in value—demonstrates strong market interest. Its capped supply of 21 million tokens contributes to scarcity, supporting price appreciation. While the exact timeline of this rise isn’t specified, it’s likely fueled by investor anticipation of future developments. However, past performance isn’t always an indicator of future gains. Sustainable success depends on how well the project executes its roadmap.  

The 95% Token Burn: A Bold Bet on Scarcity  

Vista’s most aggressive strategy is its May 2025 token burn, reducing supply from 21 million to just 1.05 million tokens. Token burns are a common deflationary mechanism; Binance Coin (BNB) and Shiba Inu have used them successfully to drive long-term value. However, Vista’s burn is extreme. If demand remains high, prices could skyrocket, benefiting holders. However, if hype fades, the reduced supply could lead to low liquidity and an unstable market. The burn must be backed by real demand for Vista’s ecosystem.  

Exchange Listings: Expanding Market Reach  

Currently, Vista is listed on XT.com, ProBit Global, Vindex, Nexdex, and Bank CEX. These platforms provide liquidity but lack the influence of top-tier exchanges. In May 2025, Vista plans to expand to MEXC, BitMart, and P2B—larger exchanges that could attract institutional investors. While listings help increase visibility, they don’t guarantee long-term success without real-world utility.  

Ecosystem Development: More Than Just a Token  

Vista isn’t relying solely on tokenomics—it’s building an ecosystem. In May 2025, an NFT marketplace and game will launch, allowing users to trade digital assets and make in-game purchases with Vista tokens. While blockchain gaming and NFTs are trending, competition is fierce. To succeed, Vista must offer unique 

Media Contact

Organization: View finance dapps solution

Contact Person: Dharmender Singh

Website: https://vistafinance.io/

Email: Send Email

City: Dubai

Country:United Arab Emirates

Release id:26019

View source version on King Newswire:
Vista Finance Token: A Rising Star in the Crypto Market Poised for Growth

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

file

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.

Continue Reading

Press Release

Vista Finance Token: A Rising Star in the Crypto Market Poised for Growth

Published

on

Dubai, United Arab Emirates, 4th Apr 2025 – Vista Finance Token has made waves in the cryptocurrency market, surging from $2 to $44, boasting a fixed supply of 21 million tokens, and laying out an ambitious roadmap. With a dramatic 95% token burn scheduled for May 2025, upcoming listings on prominent exchanges, and a diverse ecosystem covering NFTs, fitness, and mining, Vista aims to establish itself as a key player in decentralized finance. But does this explosive growth reflect lasting potential or just short-term hype?  

Vista Finance Token: A Rising Star in the Crypto Market Poised for Growth

From $2 to $44: A Promising Surge  

Vista’s price increase—jumping 22 times in value—demonstrates strong market interest. Its capped supply of 21 million tokens contributes to scarcity, supporting price appreciation. While the exact timeline of this rise isn’t specified, it’s likely fueled by investor anticipation of future developments. However, past performance isn’t always an indicator of future gains. Sustainable success depends on how well the project executes its roadmap.  

The 95% Token Burn: A Bold Bet on Scarcity  

Vista’s most aggressive strategy is its May 2025 token burn, reducing supply from 21 million to just 1.05 million tokens. Token burns are a common deflationary mechanism; Binance Coin (BNB) and Shiba Inu have used them successfully to drive long-term value. However, Vista’s burn is extreme. If demand remains high, prices could skyrocket, benefiting holders. However, if hype fades, the reduced supply could lead to low liquidity and an unstable market. The burn must be backed by real demand for Vista’s ecosystem.  

Exchange Listings: Expanding Market Reach  

Currently, Vista is listed on XT.com, ProBit Global, Vindex, Nexdex, and Bank CEX. These platforms provide liquidity but lack the influence of top-tier exchanges. In May 2025, Vista plans to expand to MEXC, BitMart, and P2B—larger exchanges that could attract institutional investors. While listings help increase visibility, they don’t guarantee long-term success without real-world utility.  

Ecosystem Development: More Than Just a Token  

Vista isn’t relying solely on tokenomics—it’s building an ecosystem. In May 2025, an NFT marketplace and game will launch, allowing users to trade digital assets and make in-game purchases with Vista tokens. While blockchain gaming and NFTs are trending, competition is fierce. To succeed, Vista must offer unique 

Media Contact

Organization: View finance dapps solution

Contact Person: Dharmender Singh

Website: https://vistafinance.io/

Email: Send Email

City: Dubai

Country:United Arab Emirates

Release id:26019

View source version on King Newswire:
Vista Finance Token: A Rising Star in the Crypto Market Poised for Growth

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

file

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.

Continue Reading

Press Release

LWEX Exchange: In-Depth Analysis of Current Status and Future Planning

Published

on

In the turbulent sea of the cryptocurrency market, LWEX Exchange has rapidly risen to prominence, thanks to its innovative business model and robust technological prowess. However, trust issues and ecosystem fragmentation have long plagued the industry. By introducing the “Triple-Win Ecosystem Model,”

LWEX has successfully addressed the core contradictions of traditional exchange models, achieving a virtuous cycle of user returns, platform profitability, and ecosystem co-construction. This article delves into LWEX Exchange’s current status and future plans, exploring its position and potential within the industry.

 

I. Current Status: From Trust Crisis to Industry Benchmark

1. User Base and Trading Volume

LWEX Exchange currently boasts over 50 million registered users, with more than 3 million daily active traders. In the first quarter of 2023, it recorded a trading volume of $42 billion, securing its place among the global top 15. These figures not only reflect its competitiveness in the market but also signify the growing trust users place in the platform. The rapid expansion of its user base is attributed to LWEX’s continuous investments in technological innovation, user experience optimization, and market promotion.

2. Technology and Security Measures

LWEX, with the strong support of its parent company,has introduced a dual guarantee mechanism of “user asset custody + dynamic return model.” By utilizing an FCA-regulated cold wallet system, LWEX eliminates the risk of user asset theft from the outset, providing a secure and reliable trading environment. Additionally, LWEX has implemented multi-factor authentication, cold/hot wallet separation, and real-time monitoring to further enhance fund security.

3. Compliance Layout

LWEX has been continuously reviewing and obtaining relevant qualifications in terms of compliance, and is actively applying for them across various regions nationwide.This global compliance strategy not only paves the way for market expansion but also lays a solid foundation for long-term development. Compliance is key to the sustainable development of the cryptocurrency market, LWEX has enhanced its compliance capabilities and market influence through collaborations with major global institutions.

II. Future Planning: A Strategic Layout for Globalization and Ecosystem Building

 

1. User Growth and Market Expansion

LWEX aims to serve 100 million global users across over 200 countries and regions by 2025. The achievement of this goal will rely on its strong localized service capabilities and in-depth exploration of emerging markets. Through collaboration with GS Investment Group, LWEX has attracted 600,000 loyal users with an 82% retention rate, providing strong momentum for future user growth. LWEX will employ the following strategies to achieve user growth:

Localized Services: Tailor language support, payment methods, and compliance services to meet the demands of different countries and regions.

Market Promotion: Increase brand awareness through a combination of online and offline promotional efforts.

User Incentives: Introduce diverse user incentive mechanisms, such as referral rewards and trading rebates, to attract more users.

2. Technological Innovation and Ecosystem Co-Construction

LWEX will continue to refine its AI quantitative strategies to optimize user return mechanisms and enhance fund security through technologies like cold/hot wallet separation and multi-factor authentication. Additionally, LWEX plans to launch more innovative trading tools, such as derivatives trading and decentralized finance (DeFi) products, to meet users’ diverse investment needs.

AI Quantitative Strategies: Leverage artificial intelligence and big data technologies to develop more precise trading strategies for stable user returns.

Decentralized Finance (DeFi): Explore innovative DeFi applications like decentralized lending and liquidity mining to offer users a richer array of investment options.

Ecosystem Co-Construction* Collaborate with high-quality projects in the industry to build an open, transparent, and sustainable ecosystem.

III. In-Depth Analysis: LWEX Core Competitiveness and Industry Impact

1. Core Competitiveness

LWEX Exchange’s core competitiveness lies in its innovative business model, robust technological capabilities, and global compliance strategy. The “Triple-Win Ecosystem Model” enables the coordinated development of users, the platform, and the ecosystem. Support from its parent company, GS Investment Group, provides LWEX with solid technological and financial backing. Moreover, LWEX’s continuous investments in compliance give it a unique competitive edge in the global market.

2. Industry Impact

The rise of LWEX Exchange is not only the result of technological and business model innovation but also a reflection of its deep understanding of industry pain points and precise grasp of user needs. During the industry’s transition from the “Wild West” phase to a regulated era, LWEX has provided a trustworthy digital asset trading platform for global users through technological innovation, compliance布局, and ecosystem building. Its successful experience offers valuable lessons for the industry and drives the healthy development of the entire cryptocurrency market.

3. Future Outlook

LWEX Exchange’s future plans reveal its strategic layout for globalization and ecosystem building. Through technological innovation and compliance expansion, LWEX is not only poised to achieve its goals of user and market growth but will also play a significant role in promoting the sustainable development of the cryptocurrency market. The global and ecosystem-oriented digital asset ecosystem it constructs will deliver a safer, more convenient, and richer investment experience for users.

IV. Conclusion: From Trading to Ecosystem, Building the Future of Digital Assets

 

The rise of LWEX Exchange is the result of technological and business model innovation, as well as its deep understanding of industry challenges and user needs. During the critical transition of the cryptocurrency market from the “Wild West” phase to regulated territories, LWEX has provided a trustworthy platform for global users through technological innovation, compliance efforts, and ecosystem building.

Looking ahead, LWEX will continue to prioritize users, use compliance as its foundation, and drive innovation to build a global and ecosystem-oriented digital asset ecosystem. Choosing LWEX is not just selecting a trading platform but embracing a new era’s certainty — a place where risk control and wealth growth are no longer at odds, and trust and innovation jointly shape the future. LWEX Exchange’s vision is not only to become a leading global digital asset trading platform but also to be a driving force behind the industry’s move toward a safer, more transparent, and sustainable future.

file

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.

Continue Reading

LATEST POST