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Overview of the flow value public chain FLOWCOIN

Published

3 years ago

on

It is a recognized fact that traditional Internet traffic is becoming more and more expensive. How to obtain effective, accurate, and cost-effective traffic has become a common problem faced by Internet companies.

If the traffic provider provides high-quality traffic, it will give certain additional rewards, and these rewards can buy the traffic it needs again. In other words, the supplier can also obtain the flow that he needs while providing the flow to get paid, and a flow value ecological closed loop can be formed.

After the closed loop of the flow value ecology is formed, the flow side is both the provider and the demand side, and the flow is circulated in the ecology, which improves efficiency and accuracy, reduces the flow cost, and makes the flow ecology more valuable.

Blockchain technology provides the possibility to establish a closed loop of flow value ecology. It uses distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other technologies to store the data originally only recorded on the central server in a block series manner to each node in the network center, realizing data recording It is traceable and cannot be tampered with.

In the era of blockchain 4.0, the blockchain has opened up a new “Internet of Value”. “Traffic is king and user first” is still the main theme of the current era. In the future, whoever can get more accurate traffic will be able to control it. Future and wealth. Therefore, a distributed traffic storage public chain FLOWCOIN, which is developed in combination with IPFS distributed technology, was born.

FLOWCOIN is a protocol token. Its blockchain runs on a new type of proof mechanism called “time-space proof”. Its blocks will be created by miners who store data. The FLOWCOIN protocol provides data storage services and retrieval services through a network that does not rely on a single coordinated independent storage provider. Among them:

(1) Users pay for data storage and retrieval;

(2) Storage miners earn tokens by providing storage space;

(3) Search for miners to provide data services to earn tokens.

Simply put, the FLOWCOIN protocol is a decentralized storage network built on blockchain and local protocols. Users spend tokens for storing and retrieving data, and miners earn tokens by storing and providing data.

The original purpose of FLOWCOIN was to encourage all participants to make more contributions to the network. Every participant (including target customers, miners, investors, etc.) will gain income by making effective contributions to the overall network. The more you contribute, the more benefits you get. Through the incentive mechanism, the service quality of the entire network is improved. Through a fully open bidding market, all participants can obtain file storage services at a very low price. Customers can adjust storage strategies to meet their needs, creating a custom balance between redundancy, retrieval speed, and cost.

Why use blockchain to solve the traffic problem?

The Internet has no boundaries, especially traffic. Traffic has only traffic attributes, without any geographical restrictions and other factors. It faces a huge market for global Internet traffic. Moreover, each traffic party has both the identity of the supplier and the demander. For example, as a supplier, a video website can direct its traffic to a third-party platform, and as a demander, it also needs more users to watch the video.

Blockchain accelerates the operation of the traffic industry. The traditional traffic exchange method has the phenomenon of resource waste caused by low utilization rate.

In other words, there is a problem of mismatch between the supply side and the demand side of the flow, and what FLOWCOIN has to solve is the problem of precise matching.

FLOWCOIN plays more of a rewarding role in the closed-loop flow ecology. Many things cannot be accurately valued in fiat currency, especially in the traffic conversion industry. The emergence of FLOWCOIN is based on the traditional constant value, giving FLW tokens equivalent to rewards to solve this dilemma and accelerate the ecological circulation. And with the growth of business volume, FLOWCOIN will form an increasingly larger ecosystem. With the circulation of FLOWCOIN in the project, its value will gradually become prominent.

Comparison of FLOWCOIN and traditional cloud storage services

FLOWCOIN redefines the flow distribution method, all participants in the autonomous community are equal, and there is no privileged identity. The autonomous community must ensure that it cannot be controlled by any person or organization; let more enthusiasts voluntarily improve this public chain, build a community ecology, share wealth, and seek a common future.

Outstanding advantages of the FLOWCOIN project:

FLW’s mission is to build a world-class decentralized shared computing resource network ecosystem through blockchain and network acceleration technology. FLW connects both supply and demand parties to help node sharers realize their resources and improve resource utilization.

Globalization: Driven by blockchain technology, the global layout of cloud computing ecology for the sharing economy

Standards: Built with community resources and wisdom, a shared computing industry standard based on blockchain

Create value: Use redundant and idle bandwidth resources to create hundreds of billions of ecological service exchange value;

Model innovation: Shared computing model, cloud computing resource and digital commodity exchange innovative model;

Implementation principle: Shared computing connects idle bandwidth resources, computing resources, and storage resources, and then provides them to those in need. This is a disruptive innovation that reduces enterprise bandwidth costs and users’ online entertainment costs.

FLOWCOIN is positioned as an access point for global traffic in the future. Whether it is for blockchain projects or Internet projects, import more accurate and larger traffic. It is hoped that the accuracy of transactions facilitated on the platform will become higher and higher as the rules are formulated, which will bring more precise and long-term profit methods to traffic parties. Let the supply side focus on the content, and let the demand side spend the least price and get the greatest rights and interests.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

15 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. 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. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

15 hours ago

on

November 23, 2024

By

DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. 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. Please conduct your own research and invest at your own risk.

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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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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

15 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. 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. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

See author's posts

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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