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The impact of distributed storage of traffic data on the Web 3.0 ecology, the beginning of the transformation of the Internet economy

Published

3 years ago

on

With the accelerated development of Web 2.0, the Internet has now entered the Web 3.0 era. We know that the essence of the Web 1.0 era is alliance. Static data reading and display was the most advanced information transmission method of Web 1.0 at that time. Web 1.0 opened the door to the Internet world for the first time. Then, with the emergence of the Web 2.0 ecology, the interactive effects of the Internet began to show, and everyone was able to freely build their own Internet value IP. Unfortunately, Web 2.0 has not brought direct economic effects to people. The emergence of Web 3.0 integrates the advantages of the previous two generations of Web, avoids the shortcomings, and returns the economic effects directly to the users themselves. Web 3.0 is a brand-new Internet application model that links information transmission and economic effects. We can understand Web 3.0 as intelligent interconnection.

In recent years, with the large-scale development of the flow economy, the flow has driven the release of productivity. Nowadays, the transformation of the digital economy has no time to delay. The large-scale expansion of traffic data has also revealed the drawbacks of traditional centralized storage, such as high storage costs, low security performance, and slow transmission efficiency. As the underlying infrastructure of the current Internet economy, traffic data plays a crucial decisive factor for the future Internet economic model. But how to solve the long-standing problems in the current traffic data storage market has been plagued many people. The emergence of Flowcoin may be able to solve this series of existing problems.

Flowcoin is a new application ecology that uses distributed storage solutions to solve flow data storage. Flowcoin provides a stable network environment for flow data storage by establishing a DSN retrieval network with high stability, security, and transparency. Compared with centralized and integrated data storage, the Flowcoin network uses ledger storage, that is, excluding centralized cloud storage service providers, and directly exchanges values ​​between users. For example, user A wants to store traffic data and is willing to pay for the storage fee, user B provides storage space and performs traffic data storage for user A. And Flowcoin adopts the storage mechanism of space-time proof, which can effectively monitor user B who provides storage space in real time to prevent data storage interruption caused by human factors in the middle. During this period, all storage allocation is for each participant in the network. It’s all public. In each block, the network will check whether each required proof of distribution exists, check whether they are valid, and take corresponding measures: if any proof is lost or invalid, the network will punish storage by deducting part of the collateral User B. If a large amount of data is proved to be lost or the storage is invalid, the network will determine that the storage user B is faulty and set the order as failed, and re-launch a new order of the same fragment into the market. Ensure that user A who needs storage can meet the corresponding storage requirements. Under this scheme, value can be directly exchanged and market demand can be dynamically balanced, allowing users to achieve intelligent interconnection.

With the application of 5G, we have fully entered the era of the Internet of Everything, that is, the era of massive data storage. Everyday data is growing rapidly. The privacy, security, and value of data are particularly important. With the birth of blockchain, Web3.0 has a new definition, that is, value interconnection. Web3.0 will create a new digital economy system, create new business models and markets, and will bring convenience to the free flow of value. In the future, the transfer of value will be global, instant, free, and accessible to everyone. It will be more people-oriented, focusing on data security and privacy. The security and stability of data will be the underlying structure of the future development of the Internet, and the development of the traffic economy will promote the process of digital transformation in related industries. Data is an important “factor of production” in the Web3.0 era. Like the traditional “factors of production” of land, capital, and labor, it has circulation value and sustainable reproduction value. Flow data will also be the most important “factor of production” in the Internet economy. Therefore, whether flow data storage is reasonable, efficient, convenient and safe is indispensable. The emergence of Flowcoin is expected to break the long-standing technology in the current flow data storage market Disadvantages play a crucial decisive factor for the economic transformation of the Internet industry. With the continuous advancement of technology, Flowcoin will strengthen the stability of the overall structure of the DSN network, and provide feasible development strategy deployment, build a high-density centralized storage room, and empower the Internet economy by building a flow computing power network. Accelerate the operation of the Internet’s digital economy.

#Flowcoin’s official community link

1. Telegram:

https://t.me/FLWflowcoin

2. Twitter:

3. Facebook:

https://www.facebook.com/coin.flow.18/

4. Medium:

https://flowcoin001.medium.com/

5. Reddit:

https://www.reddit.com/user/FLOWCOIN_

About Author

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

24 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

24 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

24 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

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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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