Press Release
Soileum Network Unveils Revolutionary SOIL Technology for Decentralized Identity, Announces Public Testnet, and Airdrop
October 21, 2024 – Soileum Network, a visionary player in the blockchain space, is leading the charge in transforming decentralized identity solutions through its innovative Secure Open Identity Layer (SOIL) technology. With the highly anticipated launch of its public testnet on the horizon, Soileum is inviting developers, businesses, and Web3 enthusiasts to join a new era of identity-powered decentralized applications (dApps). The testnet will provide a global platform for developers to start building Self-Sovereign Identity (SSI) solutions that empower users to own and control their digital identities across multiple platforms and services.
A New Dawn for Decentralized Identity Solutions
Soileum Network was founded in 2022 with a vision to bridge the gap between traditional identity systems and the decentralized Web3 ecosystem. Working alongside a skilled team of blockchain developers, Soileum Network has developed a state-of-the-art identity layer that enables secure, scalable, and self-sovereign identity solutions. This breakthrough aims to accelerate Web3 adoption, particularly in industries where identity verification and management are critical, such as finance, healthcare, e-commerce, and supply chain.
“Decentralized identity is the next frontier in blockchain technology, and Soileum Network is poised to lead the revolution. We envision a world where individuals control their own identities without relying on centralized institutions, and businesses can seamlessly adopt secure identity solutions in a decentralized framework,” said Badrinath M, Founder and CEO of Soileum Network.
The SOIL-Powered Ecosystem: Governance, Security, and Staking Opportunities
As a Layer 1 blockchain network, Soileum Network’s ecosystem is powered by SOIL coin, the native token that underpins its decentralized identity solutions. SOIL coin serves multiple functions, including powering the identity layer, maintaining network governance, and providing incentives for network validators through a robust staking mechanism.
By staking SOIL coins, investors and participants can contribute to the security and governance of the network while earning rewards. Stakers also gain access to the validator ecosystem, where they can help secure the network and participate in decision-making processes.
The introduction of decentralized identity technology within Soileum Network’s blockchain will pave the way for secure and frictionless interactions in digital environments, ensuring that identity verification processes can be trusted without sacrificing user privacy or control. This is particularly valuable in traditional industries where digital identity verification is essential, enabling businesses to transition smoothly into the decentralized Web3 world.
Developer-Centric Approach: SDKs for Seamless Integration
Soileum Network is committed to providing a seamless developer experience, with its team actively working on building Software Development Kits (SDKs) for various technologies. These SDKs are designed to simplify the integration of Soileum-powered decentralized identity solutions into applications and platforms, enabling developers to build secure, identity-first dApps with minimal friction.
The availability of these SDKs will significantly lower the barrier to entry for developers and businesses, allowing them to integrate decentralized identity solutions into their systems more easily. This focus on usability and accessibility ensures that the Soileum Network ecosystem can grow rapidly, fostering innovation and new use cases across industries.
Biggest Airdrop Yet: An Invitation to Join the Decentralized Identity Movement
In celebration of the upcoming testnet launch, Soileum Network has announced its biggest-ever Airdrop. This global campaign invites blockchain enthusiasts, crypto investors, and anyone passionate about the decentralized future to participate and win free SOIL tokens. The Airdrop offers an exciting opportunity for early supporters to get involved with the project and benefit from its future growth.
“With our Airdrop, we aim to reward our early supporters and those who believe in the power of decentralized identity. This is just the beginning of our journey, and we’re excited to bring the global community along with us,” said Badrinath M.
Following the testnet launch, Soileum Network will also kick off its presale, providing crypto investors with an opportunity to not only support the decentralized identity revolution but also potentially build wealth with SOIL coin as the network grows.
Web3 Adoption at the Core of Soileum’s Mission
Soileum Network is uniquely positioned to bring decentralized identity into mainstream use. Its Secure Open Identity Layer (SOIL) is designed to power a wide array of decentralized applications, making it easier for businesses to adopt Web3 technologies while providing users with greater control over their personal data.
With identity being at the core of so many business use cases, from finance and healthcare to online retail and entertainment, Soileum’s technology addresses a fundamental need in the transition to Web3. By offering Self-Sovereign Identity (SSI) solutions, Soileum ensures that users can manage their digital identities across platforms in a secure, decentralized, and privacy-preserving manner.
Join the Revolution
As Soileum Network continues to build momentum ahead of its public testnet launch, the team remains committed to its vision of revolutionizing decentralized identity and driving global Web3 adoption. To join the movement, participate in the Airdrop, and learn more about the presale, visit https://soileum.com.
For developers eager to get started building on the Soileum Network, more information on the testnet and SDKs will be available soon.
Stay connected and follow Soileum Network https://soileum.com/community for the latest updates.
About Soileum Network:
Founded in 2022, Soileum Network is a next-generation Layer 1 blockchain focused on transforming decentralized identity through its innovative Secure Open Identity Layer (SOIL) technology. The network empowers developers, businesses, and individuals to adopt decentralized identity solutions, driving the growth of Web3. SOIL coin powers the ecosystem, serving as the token for governance, security, and staking. With its upcoming testnet, Soileum Network is poised to become a key player in the decentralized identity space.
Company Name: Soileum Network
Contact Person: Badrinath M
Contact Email: team@soileum.com
City: Bangalore
State: India
Website link: https://soileum.com
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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
UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections
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.
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.
Press Release
UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation
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.
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.
Press Release
UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms
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
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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