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Develop a futuristic DeFi Decentralized Application at an affordable price
The DeFi decentralized application is the most discussed topic in the real world since it significantly impacted global users for its efficiency to transact funds faster. The DeFi DApp is an excellent platform for investors to create various projects to benefit their future growth. It helps the global users from experiencing various DeFi DApp services like yield farming, crowdfunding, liquidity mining, and lending & borrowing to reap profits. The DeFi DApp platform is powered by automated smart contracts that manage the overall flow of transactions without any delay to benefit the users. It is entirely decentralized, and there is no need for central authority permission to transact users' funds. The DeFi DApp platform helps the user to gain high returns over their investment, in the long run, to flourish their business growth in a short period. Benefits of investing in the DeFi DApp platform : Investors can gain immediate liquidity based on the trade volume in the DeFi DApp platform to increase their business revenue, It is highly flexible and scalable for users to enhance hassle-free transactions round the clock in the DeFi DApp platform. Anyone can access the DeFi DApp platform irrespective of their wealth or social status with less investment. There is no possibility of changing or altering user transaction details in the DeFi DApp platform since it is highly secured. It is integrated with high-end security protocols like Escrow protection, HTTP authentication, and end-to-end encryption to prevent various hacks. It maintains high transparency over user transaction details in the blockchain-based DeFi DApp platform to gain their trust. The DeFi decentralized application is becoming more popular in the digital world that gained user’s attention in less time after its launch in the global market. The DeFi DApp has great demand and value in the marketplace. Investors can contact a reputed Blockchain App Factory to get ready to launch the DeFi App platform with high-end features cost-effectively.
One Of The Largest Bank, PNC Bank Has Joined The Ripple Network
One of the largest banks has joined the Ripple network Transfers based on the distributed ledger began to be officially offered to the clients of the credit institution. US blockchain giant Ripple continues to support investor hopes through new partnerships, despite a lawsuit filed by the US financial regulator. Good news for BankDhofar from Ripple Ripple has announced a partnership with BankDhofar, Oman's second-largest bank. BankDhofar will now use RippleNet for certain money transfer transactions and money transfer channels. Transfer transactions between Pune-based IndusInd Bank and BankDhofar will be carried out using the RippleNet infrastructure. According to a post posted by Ripple, this partnership actually contains the former. This is the first time that real-time mobile payments can be made between two banks, and Ripple's infrastructure plays a big role in this. BankDhofar customers will be able to send transfers of up to $ 2,600 to India directly using the app. For the first time between India and Oman thanks to Ripple The fact that real-time payments will be made from Oman to India for the first time also reveals just one of the benefits offered by Ripple's infrastructure. The statement made by Ripple said that it is proud to have realized this partnership and also highlighted that India is a leader in the money transfer industry. India is the country with the most remittances in the world, and Indian citizens working in other countries send money to their countries in a variety of ways. The fact that Ripple is the first in this regard shows how important and future-oriented the proposed technology is. XRP was also influenced by positive changes A few days ago, Ripple signed a partnership agreement with the National Bank of Egypt, Egypt's largest bank. With this move taken for a remittance channel between Egypt and the United Arab Emirates, Ripple's partner network has expanded significantly. It is not yet clear if XRP, which is said to be the security in the lawsuit filed against Ripple, will be used in these channels. XRP is up 10% after these announcements, surpassing $ 1 again. In fact, the cryptocurrency industry is currently experiencing a general upward trend. However, XRP's sluggish rate has been interrupted for a while by news of new partnerships. XRP is known to be used especially in ODL products and Ripple contributes to XRP by constantly developing its partner network. PNC Bank embraces blockchain technology and has joined RippleNet PNC - the eighth-largest bank in the United States by assets, managing nearly $ 400 billion in funds - was the first in the country to use RippleNet's distributed ledger to make cross-border customer payments. It is reported that the department of the treasury of the credit institution announced the beginning of the provision of such blockchain services: “The ability to receive payment overseas almost instantly after invoicing is an important and effective transformation of the receivables management process that arises when working with counterparties around the world, and this, in turn, leads to the fact that there is an opportunity to significantly improve the process of managing working capital in the organization. ". As explained in the bank, clients will be able to improve the liquidity of working capital by converting accounts receivable into "live" cash much faster, more reliable, and less costly than in standard financial transactions, when the debtor is paying off his debt. It is especially worth emphasizing that PNC is not starting to test work with the blockchain from Ripple - similar experimental transactions have already been carried out since September 2018, when the bank began to work with the blockchain solution xCurrent. Currently, we are talking about constant and daily work with the RippleNet blockchain to carry out financial transactions. The market "considered" this and on August 29-30, the native tokens of the Ripple project, XRP, showed growth. At the same time, Ripple itself said that the use of XRP and its price are directly beginning to depend on projects for cooperation with institutional organizations of blockchain solutions offered by the fund. Thus, the volume of transactions in the XRP / Mexican peso pair grew on the local crypto exchange Bitcoin by more than 25% at the time when the payment giant MoneyGram began to cooperate with Ripple, and Ripple, in turn, acquired a 10% stake in MoneyGram. As said the head of Brad Ripple Garlinghaus: "This deal will have much more implications for the cryptocurrency market than even the publication of the White Paper of Facebook's Libra digital asset." Ripple's successes, of course, are, however, oddly enough, they can pose risks to the independent existence of the organization in the future. If you want to know about the PNC bank transactions, wire transfers then check the pnc routing number
What is the Future Plan of Soul Token in 2021
SOUL Token is a community-driven cryptocurrency that aims to make it easy for crypto investors/holders to contribute to their favorite social causes and help those in need anywhere in the world. The SOUL Token project team intends to help charitable organizations around the world through donations made with the support of token holders, investors, and users. SOUL Token is a DeFi token built on the Binance Smart Chain. It is a futuristic cryptocurrency that will help contribute to the most in need. The idea behind the development of the SOUL token is to help charitable institutions with easy & real-time access to funds in times of need. Here, we discuss the project roadmap to understand the current progress and future plans of the project. SOUL Token Roadmap - Future Plans & Timeline SOUL Token IDO/ICO is in process and will end on 28th June 2021. Q3 2021 Release of the token: SOUL Token is currently under development and is expected to be released in the third quarter of the current year. Initial Marketing: Before the token release, the team will start marketing the project and the token through different online channels, social media, forums, etc. This will help build a community around the project. Increase liquidity through investors The team is actively inviting retail and institutional investors to contribute to the project and become a partner to ensure liquidity in the token price. You can buy the token from the website http://soultoken.fund/ Adding to Trust Wallet Repository During the same period, the token information, code, development details, etc. will be added to the Trust Wallet Repository for everyone to see and access freely. Whitepaper release The team is currently working on the SOUL project whitepaper and will most probably launch it in the third quarter of the year. The whitepaper will have full project details, including goals, market research, objectives, token details, tokenomics, future plans, team information, etc. CoinMarketCap & CoinGecko listings After the token launch, SLT will be first listed on CoinMarketCap and CoinGecko websites, which are two of the leading crypto listing platforms. Q4 2021 Listings on Centralized Exchanges After a successful ICO and once there is an adequate number of investors, the SOUL token will be listed on top centralized exchanges to commence trading. Promotions through official news channels Now, the full-fledged promotion of the project and token will start. We will hire a dedicated marketing team using the funds raised through the ICO. The team will be responsible to promote the token via official news/media/community channels. First major donation through official charitable entities The first major donation by the team will be made to those in need through official charities. Launch Soul Token Merch store About the same time, the official Merchandise store of SOUL token will be launched, allowing our users to buy interesting stuff directly from the brand store. Release donation proofs on the website Following up on our commitment to complete transparency, we will release donation proofs on the website for all investors and users to see. Q1 2022 More Listings on major Centralized Exchanges After the successful commencement of SLT trading on major exchanges, we will keep listing the token on more centralized exchanges to allow more and more investors to easily buy & trade the token. Second major donation through official charitable entities During the first quarter of 2022, the team will make their second major donation to the most in need through official charitable entities. The proof for the same will be posted on the website at a later date. Increase marketing campaigns The team will continue to expand its marketing programs to reach more and more users, investors and crypto enthusiasts worldwide and to establish SOUL token as an authoritative digital currency in the industry. Website upgrade with live price data and donations schedule A major update on the website will be released in 2022, which will allow users to see live token price data along with a schedule of ongoing and upcoming donation events. To know more or to invest in the SOUL Token ICO, visit the website http://soultoken.fund/ content sources: https://blogfreely.net/soultoken/
How is cryptocurrency exchange done?
Each cryptocurrency exchanger works according to the following principle - two accounts are involved in the exchange: the contractor and the customer. The customer transfers a certain amount in one currency to the account of the contractor, after which the contractor transfers the converted equivalent in another currency to the customer's account. The main tasks of the owners of modern exchangers are high speed, security of exchange operations and the most simplified use of their services by clients. If the exchange of currencies requires a large number of steps in a strict sequence, no one will use such a service. Therefore, most exchangers allow you to deposit / withdraw cryptocurrency in just a few clicks. To create an account and transactions on a cryptocurrency exchange, mandatory registration is required. It is not necessary to register on the sites of exchangers, it is enough to indicate some data about yourself when exchanging (e-mail, in some cases you will need a phone number and full name). Registration on the exchanger's website still provides a number of advantages - participation in the loyalty program (all exchanges are summed up and bonuses are provided), the referral system (if any). The exchange procedure itself is the same on all exchangers. Let's look at xmr to btc calculator as an example: On the exchanger's website, select the exchange directions (xmr to btc). The amount to be given is entered in the "give" field - in the "receive" field we can immediately see the amount that will be transferred in the selected currency to the account following the exchange results; The exchange can be done anonymously, so a lot of data is not required.
How To Create A Secure IoT Network To Guard Your Connected Devices
IoT has created a bridge between the physical world and the Virtual World. With all conviction, we can expect IoT as an indispensable part of our lives. But as the IoT implementations are growing, the security concerns are also growing at the same pace. And Today, being a leading IoT service provider, we are going to share how you can create a secure IoT network that will keep your connected devices as safe as possible. Steps To Create a Secure IoT Network Let me tell you very straight that securing the IoT network doesn’t require a completely new or complex set of ideas and principles. The core lies in the best practices while designing the IoT solution.  As there are many small to big things considerably, We can say IoT security is a multi-faceted effort that requires big moves as well as small adjustments to ensure networks, data, systems, and devices are protected.  What is Security By Design? Security by design is a practice that ensures security as a crucial consideration at all stages of product creation and deployment. Often in the IoT developments led by speed and other priority factors, the security considerations are included late in the design and prototyping phase. That results in security breaches. It’s important to remember that as devices and their firmware get obsolete and error-prone in time, they may become an attractive target of bad cyber actors. Hence, it’s crucial to manage the lifecycle of security devices and cloud spectrum to reduce the attack surface. The sad part is that most of the time, robust and long-term security strategies are overlooked during IoT implementations. Security is not a one-time activity, rather an evolving part of the IoT ecosystem that should support IoT deployments’ lifecycle in: Adding new devices and decommissioning others, Onboarding to new cloud platforms, Running secure software updates, Implementing regulated key renewals, Maintaining large fleets of devices. All these activities require comprehensive management of identities, keys, and tokens. To avoid time-consuming and expensive services in the field, IoT Security lifecycle management solutions must facilitate updates remotely while executing them across large scale device fleets. Now let’s see the Security concerns in two popular forms of IoT: Tips To Secure Consumer IoT Devices Smart speakers, domestic appliances, connected toys, and smart locks are all potentially vulnerable if not properly secured by design and during their expected lifespan.  For example, someone who owns a Google Nest Hub and other Xiaomi Mijia cameras around his home claimed that he received images from other people’s homes, randomly, when he streamed content from his camera to a Google Nest Hub. There are many such examples where the design loopholes have caused many consumers more harm than good. The good news is that ETSI recently announced ETSI TS 103 645, the first worldwide standard for consumer IoT security. This sets a benchmark for how to secure consumer products connected to the internet and aims to promote best practice. Additionally, here we are going to share tips that will help you in designing a secure IoT network for your consumers and smart homes. Know Your Network and The Connected Devices – When we put together several devices over the internet that potentially leaves your entire network vulnerable. It’s common to lose track with an increasing number of equipped devices. Hence it’s essential to know your network — the devices on it and the type of information they’re susceptible to disclosing.  Assess the IoT Devices on Your Network First, know which devices are connected to your network, audit your devices to understand their security posture. While selecting devices check for newer models with stronger security features, etc. Further, before making a purchase, read up to understand how much of a priority, security is, for that brand. Input Strong Passwords to Protect Your Devices and Accounts Use strong and unique passwords that will assist you in securing all your accounts and devices. Get rid off the common passwords like “admin” or “password123.” Make use of a password manager, if needed, to keep track of all your passwords. At the same time ensure that you and your employees don’t use the same passwords across multiple accounts and be sure to change them periodically. Choose a Separate Network for Your Smart Devices Separating networks is a smart way to protect your smart devices in the IoT network. With network segmentation, even if attackers discover a way into your smart devices, they can’t access your business data or sniff on that bank transfer you did from your personal laptop. Reconfigure Your Default Device Settings Usually when we receive our smart devices they are packed with default insecure settings. And things become worse if we do not modify their configurations. As weak default credentials, intrusive features, ports and permissions need to be assessed and reconfigured as per your requirements. Install Firewalls and Other IoT Security Solutions to Identify Vulnerabilities To safeguard your Smart homes and other consumer IoT networks block unauthorized traffic over the wire through firewalls. At the same time run intrusion detection systems/intrusion prevention systems (IDS/IPS) to monitor and analyze network traffic. This is where you can use an automated scanner to uncover security weaknesses within your network infrastructure. Use a scanner to identify open ports and review the network services that are running. Now let’s check out the key steps to protect your enterprise network against modern security threats. Steps To Protect Your Enterprise IoT Network We have seen many manufacturing industries adopting IoT and growing. However many aren’t serious enterprise security, that’s a mistake. Because we have seen that In 2018,  21% of companies reported a data breach or cyberattack due to insecure IoT devices. So do not let that happened with you and follow the steps below to protect your enterprise IoT network: Step 1:  Be alert of the risk As IoT is relatively new as compared to IT, hence some of the threats are newer and not as widely used, and make companies reluctant. But we forget that IoT security is like buying insurance. We think we won’t ever have to use it, but the odds are, we might. So it’s better to realize that with a lot of connected devices in use, we might have vulnerabilities that need to be minimized and fixed. Step 2: Design a Secure network architecture The Ponemon study found that less than 10% of organizations are confident they know about all of the printers, cameras, and building automation systems on their networks that are connected to the Internet. Hence, it’s essential to carefully design your network architecture. And protect your devices from the network, and further protect your network from the devices. Step 3: Observe Your Suppliers and Vendors Attackers are smart today, they may target you through the suppliers and vendors. So do not underestimate the vulnerability that comes along with companies you connect with.  It’s a better practice to include the security practices as part of your vendor risk management process. Step 4: Practice For the Data Breach You must prepare for an IoT data breach the same way you prepare for disasters like fire, earthquake, or other. Make a plan, have a regular drill, and keep the plan updated. It’s good to have regular exercises to test your data-breach preparedness.  How will you tackle the situation If you get breached? you should have a well-documented plan for the same. Step 5:  Control what you can, and learn to live with calculated risk It is important to realize that while you should do everything that you can do, you can’t expect to prevent everything. So learn to live with a calculated risk. For something that’s as crucial as a backdoor into your entire network, which is really what a smart-building management company represents, you really need to keep a close eye on their security practices. Step 6: Start now, and get ready for whatever comes next IoT being an emerging technology can not and should not be removed from our enterprises.Although there is risk that comes with it but like all excellent growth you need to take that risk and better prepare yourself to reduce the chances of mishappening like data breaches and others. You know new devices are coming with each passing days, hackers are becoming more creative, and the risks are getting more profound and devastating. So, Be aware and take proactive steps to secure your IoT network. And if you are looking for any other assistance in IoT services, do not forget to check our IoT services page.
Start A Powerful Crypto Exchange Like Binance
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