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TRON Ecosystem welcomes new member Wok, making it possible to interact between the physical world and the digital world

Published

4 years ago

on

Today’s world has entered the bottom of the technology cycle, the top of the financial cycle, and the edge of the collapse of the international order. The new crown epidemic has raided us, pierced the global asset bubble, penetrated the oil price, and is breaking the global order, bringing more uncertainty.

Humans use the power of the free market to fight against the uncertainties of the forces of nature, but the uncertainties of the market are counterproductive to mankind. At present, the uncertainty of the power of nature is deeply entangled with the uncertainty of the market, making the world anxious. We urgently need a new order that can turn the tide in the chaos, and we urgently need to lead the way out of the wild.

In the real world, the best manifestation of value is assets. Real estate, stocks, bonds, and copyrights are all assets. These assets are currently not truly integrated with the Internet, and there are no “real assets” on the Internet. To give a simple example, UserA transmits his real estate certificate to UserB via the Internet, but UserB can only obtain one picture, and no real estate value transfer will occur.

To deal with the development dilemma of the Internet of Value, the simplest idea is to transfer assets to the parallel world of the Internet, and achieve efficient transfer of real assets in the network. It can be understood as “asset online”, but due to problems such as the difficulty of asset identification, this The idea is obviously not valid. At this time, the blessing of blockchain technology may be able to bring some new ideas to the transfer of assets.

The nascent Web 3.0 needs to introduce exciting new technology configurations and incentive mechanisms, and the digital world and the physical world need to be cross-linked in multiple directions. How to build a link between the two worlds has become an obstacle to the progress of the world. Use technology to break the fragmented reality, so that every time, every kind of link has value. There is only one way forward, which is to make the impossible possible.

Wok uses technology to combine DEFI+NFT+wokswap to allow multi-chain cross-interaction, which broadens unlimited possibilities for the realization of WEB3.0. Wok allows everything to be interconnected, and links create value. Establish a new perspective, subversive, a new solution for blockchain finance.

The Wok token issuance module code has been audited by a third-party professional service organization.

Code audit and audit process

The preliminary audit was conducted between February 15, 2020 and March 1, 2021, and was in charge of senior security engineers Jay chen and Alex.

The sole purpose of the audit is to verify Wok’s implementation of the issuance module. The main mechanism of this module is to allow whitelisted entities (that is, issuers) to control the minting and burning of assets against the specifications provided.

The third-party organization has conducted a series of thorough security assessments with the goal of helping WOK protect its users by discovering and fixing known vulnerabilities that may lead to unauthorized access, financial losses, cascading failures, and/or other vulnerabilities. In addition to each security discovery, recommendations on repair and mitigation methods were also provided to the team. The third-party organization has conducted a series of thorough security assessments with the goal of helping WOK protect its users by discovering and fixing known vulnerabilities that may lead to unauthorized access, financial losses, cascading failures, and/or other vulnerabilities. In addition to each security discovery, recommendations on repair and mitigation methods were also provided to the team.

In-depth investigations of problematic smart contracts include static analysis and manual review techniques. The audit process focused on the following issues:

1. Test the system against common and uncommon attack vectors.

2. Evaluate the code base to ensure compliance with current best practices and industry standards.

3. Ensure that the system logic meets the customer’s specifications and intentions.

4. Cross-compare the system structure and implementation with similar systems made by industry leaders.

5. Through the manual audit of the entire code base line by line.

Wok started staking liquidity mining through TRX, and launched JUSTSWAP to start the Wok/TRX mining pool, adding new vitality to the TRON ecosystem. It is expected that the first application DAPP will start Wok pledge mining in mid-March.

Wok establishes a new perspective, subversive, a new solution for blockchain finance. Inject new vitality into the TRON ecosystem, lead the emergence of the TRON ecosystem in 2021, and provide new interactive solutions for the members of the TRON ecosystem.

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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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 Releases Anti-Scam Guide, Enhancing User Security Protections

Published

7 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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Cloud PR Wire

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Press Release

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

Published

7 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

7 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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