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4 Steps to Started with Cryptocurrency Exchange Software

Crypto Industry is experiencing a great revolution with a recent price hike. At the time of writing this article, the price of Bitcoin is around $10k. With this surge, users are looking for crypto exchange platforms to perform trading the cryptocurrencies.

So, How cryptocurrency exchange software assists the Entrepreneurs with profits?

Cryptocurrency Exchange platform usually helps the traders to buy or sell their cryptocurrencies with fiat currencies. While the trade is done between a buyer and seller, the crypto trading platform charges a piece of fees in return for this.

Therefore, if you are one such person, it is ideal to start a cryptocurrency exchange business with premier Cryptocurrency Exchange Script in the industry.

Determining the Location & Regulations to start the Cryptocurrency Exchange

Here are the Bitcoin-Friendly countries where you can start your crypto trading platform:

*The United States
*Canada
*Australia
*The European Union
*Singapore
*Malta
*Bermuda
*Japan

If you have planned to develop a crypto exchange software in any of these countries, there are high possibilities that your platform will hit success instantly!

Once you have decided on the location, go through the regulations in the specific country with legal advisories.

1. Layout the features in your exchange

Now it is time to kick-start with your desired Cryptocurrency Exchange platform. If you are not sure of the ideas, you can draft down the features in Top 10 Cryptocurrency Exchanges like Binance, Coinbase, Kraken, Poloneix, etc. You can determine and list out the unique features you require from it.

Additionally, analyze the Pros and Cons of these cryptocurrency exchange software. You can try to resolve the issues with the existing popular exchanges by adding those features in your Crypto Exchange Platform.


2. Finding a Best Crypto solution provider

Now you can start contacting the solution provider who brings in great results and can deliver you the outcomes based on your customized requirements. BR Softech, one of the premier Cryptocurrency Development Company is one such firm that provides complete requirements solutions & satisfaction.

Provide them with your requirements and look for the end results. Since it is a cryptocurrency exchange software, it is a must that there are functionalities like Cryptocurrency Bitcoin Wallets, Initial Exchange Offerings, etc being implemented with upgraded security features like Face Recognition, 2-factor authentication, etc.

3. Start Marketing

Begin introducing your Crypto Trading Platform to your Target Audience. There are a plethora of Digital marketing strategies available for this. Social Media Marketing has been the most common strategy to market your Cryptocurrency Exchange Script.

You can start expecting a good number of users or traders for your cryptocurrency exchange platform script.

4. Have a Customer Support Team

The final step is to assist your users with a Crypto support team. Identify their pain points by collecting regular feedback from them. You should also resolve issues if reported by any! This enhances reliability and trustworthiness with you by your customers!

These are the primary steps involved in getting started with Cryptocurrency Exchange Platform. Undoubtedly, Cryptocurrency Exchange Business can be a profitable idea for reaping dividends!
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ICON Network: An Overview
What Is ICON? ➤ #1 Blockchain project in Korea with an expanding global footprint ➤ Open source platform building a community of communities based on consensus, governance and protocol specifications ➤ BTP(chain interoperability), parallel processing, multichannel and modular architecture creating a highly scalable network able to interconnect private and public chains. ICON Benefits ➤ Various blockchain platforms are able to interact via smart contracts. ➤ No need to make multiple wallets. ➤ No need to buy multiple tokens: Owning just ICX gives access to all interconnected chains. ➤ Ease of dApp accessibility: frictionless dApp usage across multiple chains. ➤ DPoC: (Delegated Proof of Contribution) variant of PoS based on contributions. ICONSENSUS P-Reps: A Public Representative (P-Rep) is a block validator on the ICON Network that participates in consensus and governance. ➤ P-Reps consist of the top 22 Main P-Reps and 78 Sub P-Reps,. ➤ P-Reps are elected by delegation of stake. 1 ICX token is worth one vote. ➤ For delegating and voting for P-Reps, ICONists (ICX token holders) receive rewards. ➤ I-SCORE: All contributions are quantified in the form of I-SCORE that can be converted 1ICX to 1000 I-SCORE to redeem rewards. DBP (DApp Booster Program) DApps on the network receive a portion of block rewards based on their delegation ranking. EEP (Ecosystem Expansion Program) Community members receive a portion of the block rewards by proposing and implementing projects that expand or grow the network. Fee Sharing 2.0 Developers can choose to pay for transaction fees themselves so users may access their dApps easily. Virtual Step Virtual fee that credits developers transaction fees for locking up their ICX. ICX: ICON’s unique native token ➤ Provides governance rights to the network ➤ Used for computation, transaction fees and rewards ICON’s Unique Reward System Dynamic reward system that autonomously adjusts based on varying network conditions: ➤ When high % of network is staked, then reward is decreased to encourage using ICX elsewhere. ➤ When low % of network is staked, then reward is increased to encourage staking more ICX. Select Blockchain Products On ICON Network somesing.io The world's first Karaoke app on a blockchain. DPASS Global authentication system with sovereign identity. A Decentralized Passport/DID, and cryptocurrency wallet, all in one. broof.io Blockchain certificate issuance service. Permanent record of genuine certificates. Facilitates blockchain adoption with secured partners including, Seoul City, Citizen Hall, Postech and Studypie. ICON Ecosystem ICONLOOP MyID Alliance ICON Strategic Partner - ICON DAO P-Rep candidate and ICON strategic partner committed to providing the tools and services needed for users to develop and manage decentralized communities to mass collaborate and fund projects. ICON DAO Medium ICON DAO Twitter ICON DAO Telegram Resources Homepage: https://icon.foundation Community: https://icon.community Developer Center: https://icondev.io Github: https://github.com/icon-project Medium: https://medium.com/helloiconworld Works Cited ▸ Dr. Ben Lee, "Economic Incentives of ICON Network", Hashnet 2019 Blockchain Conference, October 2019. ▸ "ICON Network Partnerships" Retrieved from: "https://spec-rationality.com/icon/#21Nov" ▸ Amy Dang, November 5, 2019, "A Comprehensive look at ICONLOOP's MyID Alliance" Retrieved from: "https://theicon.ist/2019/11/05/a-comprehensive-look-at-iconloops-myid-alliance-its-partners-advisors-and-upcoming-roadmap/"
An Overview of Blockchain in Retail Banking and Retail Industry
Blockchain has gone from an obscure innovation to the seat of a technological revolution very quickly. People still debate its viability. But proponents of blockchain know that this public ledger system can change the way we view the world. From an initial standpoint, blockchain has direct financial applications. With the cryptocurrency market gaining steam, it is subject to immense volatility. After all this is said and done, it is general consensus that blockchain is here to stay for the long term. Studies suggest that the general public will completely accept this new tech by 2025 or even earlier. This makes it all the more necessary to adapt and assimilate blockchain into the various industrial sectors. One such prominent sector is the retail industry. The retail industry is growing at an all time high. Burgeoning demand, availability of products, and market penetration have grown several fold due to online shopping. So how does blockchain fit into the picture? Michael Carney, principal at Upfront ventures, says blockchain and decentralized systems give retailers an opportunity to drive efficiency, maintain authenticity and establish an advantage. It can help build trust with customers, minimize paperwork, and increase transparency across the process. The four major ways blockchain can impact the entire retail industry are listed below. https://www.aciworldwide.com/-/media/images/general/blockchainforretailers1.pngh=387&w=1042&la=en&hash=4320F495B9D82352AD5FF7266F5F64016C36484A The retail industry is one of those which requires and consists of the supply chain which has numerous parties involved within the procedure like manufacturers, suppliers, retailers and the end consumer. Blockchain in retail Industry: eCommerce and retail banking Here are some of the cases for which the retail industry needs a blockchain for the better and free flow of Blockchain in the entire retail industry including retail banking. Blockchain in retail banking Retail banks deal with individual customers by providing them with basic banking services like savings and transactional accounts, mortgages, loans, card payments, overdrafts, etc. this entire process of giving, taking and transferring money from one account to another and vice-versa comprise a lengthy process. It includes lots of paperwork and involves third party interference. Since blockchain technology introduces a decentralized ledger, it stores a bank’s or financial sector’s complete transaction history across multiple controlled-access computers replicating a breadcrumb trail of banking activity that is impossible to edit, delete or update. Blockchain in retail banking reimagines many of the core workflows in finance and banking, from records keeping and cybersecurity to currency, debt and equity management. And banks have only begun waking up to its potential. Some of the banks that are already harnessing the power of blockchain technology are JP Morgan Chase, Goldman Sachs, Bank of America and others. Role of blockchain in retail banking The foremost and obvious benefit of blockchain in retail banking is the technology can manage, approve and log any transaction instantaneously. In addition, it directly contrasts today’s often manual authentication, verification and data-sharing finance workflows banking and finance professions still rely upon to carry out transactions. Also, in retail banking an average KYC request in today’s date usually takes between 30 and 50 days to review and then go for further approvals. A blockchain system allows approved users to access the same data system instead of every bank and third party vendor maintaining siloed customer data portals and having data duplication for each order. It expedites verifications, netting more than $160 million in KYC cost savings annually. When it comes to borrowing loans, loan syndication activities take a 21 days journey from loan application to loan disbursement. However, this particular process can immensely benefit from blockchain. With blockchain, loan activities are safer, quicker, as well as traceable, again reducing admin overheads, third-party approvals, data duplication and instances of human error. With smart contract blockchain, core pieces of a contract are also visible, irreversible and indisputable. But that’s not the end! Blockchain offers many more unlocked benefits to the entire retail industry. Blockchain in retail industry When it comes to the application of blockchain in the retail industry, there is a need to accurately reflect the different steps in the supply chain and the transfers of ownership and product transformations at each stage. Quicker in transaction Blockchain reduces the time taken to complete a process, thus making it much faster and easier. When placing an order under a blockchain-based platform, the ability to make payments is quicker and there is not any delay either. The supplier or distributor or vendor receives the payments immediately as soon as the transaction is made. This allows them to verify and confirm the order placed with transparency. The order is sent out for delivery and it also reaches the customer at the right time and place. Logistics also become much more efficient with the use of blockchain as the decentralised network encourages effective peer to peer connection. The supplier can make connections with local logistics easily when the demands are higher. If there is any replacement to be made or refunds, with the help of blockchain, the time period of waiting to get these refunds is also faster. No central authority In retail and eCommerce, there is too much involvement of third party entities in every operation that takes place. 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This allows the information to be accessible anywhere and anytime which further allows the owners to track their products or service. Since blockchain operates in a decentralized network, if a change has to be made, the complete network system has to be changed. Hence, this is a way of creating a strong network between the owner and the manufacturer. With blockchain, inventory management is also efficient due to real-time data storage. It also helps to make smarter decisions. Laserfiche is an organization that provides records management edition (RME) to manage digital records for the ecommerce and retail sector. With such services, there is an open transparency in digital records stored in inventory for retail sectors. This will help retailers to manage their shelves based on reliable real-time data. Also, Provenance - another blockchain-based organization that aims to create an open transparent digital record of every inventory item for the retailers. 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Also when large amounts are transferred from offshore, blockchain makes it easy to store and record. A few startups have taken strides in this direction. TenX, a startup in Singapore has successfully connected the Visa wallet to the digital wallet. Thus, allowing consumers to use their Visa cards for payments. BitPay has integrated bitcoin and the sales point, allowing retailers to accept digital payments. Closing thoughts The adoption of blockchain technology in the retail industry will allow transparency and traceability – giving customers choices and confidence in retailers they can trust. Retailers can ethically consume the required data without compromising the customer in any manner. This will surely improve public relations and brand imaging as well. A blockchain-based solution can provide product authenticity and quality by building trust between consumers and retailers and within the entire retail supply chain. If you are looking to integrate blockchain solutions in your retail operations, do not hesitate to contact our blockchain experts.
Is Litecoin A Good Investment To Earn Money?
Should I invest in Litecoin? We all know that Bitcoin is known as "Digital Gold" and litecoin is known as "Digital silver". The cryptocurrency market is very variable. It is very difficult for any coin to stay in the top ten for a long time, but Litecoin and Bitcoin maintain a record of 409 weeks as top ten cryptocurrencies. Litecoin working principle matches BTC to one level. Litecoin is considered a good source of investment. Is litecoin a good investment? The common public scenario for Bitcoin investment is not clear due to the hater's false argument. But we will provide an explanation that supports the argument that litecoin is a good investment. Litecoin was formed by Charlie Lee by a fork of the Bitcoin blockchain. Litecoin is better than bitcoin due to various reasons: ⦁Less transaction fee ⦁Better hashing algorithm ⦁Quick blockchain generation The first difference between the two cryptocurrencies is the transaction fee. The job of miners is to verify the transactions of blockchains and add new blocks in the chain. Bitcoin miners used to earn a lot of profit from Bitcoin mining. Do you know where this profit came from? High transaction fees. When the transaction fee of Bitcoin increases, the profit rate of miners reaches high peaks. Is litecoin a good investment? The mining algorithm of Litecoin is a good investment for the average person. Lee Charlie used the Scrypt algorithm for Litecoin. Scrypt is one the first hashing algorithms which was launched after a complex algorithm SHA-256. The reason Lee chose the Scrypt algorithm for Litecoin is mentioned below. Mining is a complex process that needs strong, powerful, and efficient hardware. We can do mining with CPU, GPU, and ASIC. But ASIC provides more hash rate than CPU or GPU. Mining bitcoin with ASIC became a game of a few minutes. On April 28, Core Scientific-biggest mining pool bought 112,800 ASIC. Their strategy behind this was to become the biggest stakeholder of Bitcoin in market cap. But this is against the rule of Cryptocurrency which is decentralization. Due to this Lee launched Scrypt as a hashing Algorithm which is less susceptible to ASIC and is accessible to average miners. Is litecoin a good investment? Lee charlie called Litecoin Digital silver and Bitcoin digital gold because of its dependability. Gold being an expensive metal is used as an alternative for buying expensive things as silver being an average metal used for buying average things. Bitcoin the transaction fee is less than Bitcoin it makes it easily accessible to everyone. But this point is not good in the field of cryptocurrency. Many altcoins are rotating in a market with Litecoin code. The reason why people start hating Litecoin is when its inventor Charlie Lee sold all his shares of Litecoin. This step disappointed a lot of investors who were planning to invest in Litecoin. But Charlie did perform this task for the better and success of Litecoin. He openly and clearly explained the backend idea of doing this act in an interview done by a worldwide exchange. So all the facts provided above satisfy the fact "Bitcoin as a good investment"investment So if you are planning to invest in something which will give a heavy profit and will help you in a long way then invest in litecoin today. You can get to know about present litecoin to USD price so that you must keep on calculating profit rate after years. Buying a lite coin is easy you can buy litecoin with a debit card.
Start A Powerful Crypto Exchange Like Binance
BlockchainAppsDeveloper offers customizable Binance Clone Script to Start a Cryptocurrency trading platform like Binance. BlockchainAppsDeveloper is the leading Cryptocurrency Exchange Script Development Company that provides an advanced Binance Clone Script to kick-start a Popular and on-demand cryptocurrency exchange platform like Binance. we provide tailor-made Binance Exchange Clone Script and software that supports both Desktop and Mobile applications. BlockchainAppsDeveloper Binance Clone Script is completely a White-Label script Solutions - You can customize our Binance clone website platform as per your desired business needs and requirements. We also develop a feature-packed Binance Clone website or Platform from scratch, Building a crypto exchange platform with the latest architecture, highest liquidity, and first-grade security implementations and functionalities. Binance Clone Script Binance Clone Script is a Cryptocurrency Exchange business solution designed in such a way that it contains all the key essential features of the Binance exchange. As per the client's needs and requirements, additional exchange features can be added and customized in our Binance Clone Script. BlockchainAppsDeveloper's Binance Clone is a built-in PHP / MEAN / MERN / Laravel / JAVA with a powerful architectural design to withstand ransomware attacks Features of Our Binance Clone Script 1. Basic, Advanced & Pro cryptocurrency trading interfaces. 2. Earn profit with leverage (Margin Trading). 3. Over-the-counter (OTC) trading for large trades. 4. Faster P2P Crypto exchange options 5. Spot trading & Derivative (Future) trading. 6. Supports Cryptocurrency Staking & Crypto Lending. 7. Supports multiple payment gateway integrations. 8. High speedy matching & trading engine & supports 50,000 TPS. 9. High Volume Cryptocurrency Liquidity integrations. 10. Escrow method with a trusted 3rd party or smart contract. Binance DEX Clone Script BlockchainAppsDeveloper also provides Binance DEX Clone Script to start and launch a DEX exchange website like Binance DEX that avoids the requirement for a central authority to process the cryptocurrency trade. After a deep analysis of recent cryptocurrency-based market trends, BlockchainAppsDeveloper designs and develops multi-tested and quality-enriched Binance DEX Clone using the latest technology stacks and cutting-edge business solutions. Our Binance DEX Clone business platform is high faster and 100% secure with a custom cryptocurrency trading platform. Binance Clone App Development Binance Clone App to launch and Start the Cryptocurrency Exchange / Trading App like Binance App. At BlockchainAppsDeveloper, we offer an advanced Binance Exchange Clone Application to launch Cryptocurrency trading App like Binance App. Our Binance Clone Application is highly robust, scalable and 100% supports cross-platform compatibility. Now is the right and the perfect time to cover your mass cryptocurrency traders or users with your Cryptocurrency Exchange App. Book A Live Demo - Binance Exchange Clone Script>>> BlockchainAppsDeveloper also develops the crypto exchange clone platform of other on-demand crypto exchanges like LocalBitcoins, Paxful, Remitano. Coinbase, Bitfinex, Bittrex, Bitmex, etc...
How is cryptocurrency exchange done?
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LocalBitcoins Clone Script to Start Crypto Exchange like LocalBitcoins
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Tips to secure your IOT based development solutions and services
The COVID-19 pandemic and 2020 lockdown put all analyst predictions into confusion, but as the economy begins to recover, IT consumption is predicted to pick up again, including the rise of the Internet of Things(IoT). The Internet of Things is not a single category, but rather a set of sectors and use cases. According to Research healthcare, smart offices, location systems, remote asset management, and emerging networking technology would boost IoT market growth in 2021. The Internet of Things (IoT) has a lot of advantages and risks. Supporters of technology and manufacturers of IoT devices promote the IoT services as an effort to better and simplify our everyday life by connecting billions of “smart” IoT devices  (such as Smart TVs, Smart Refrigerators, Smart Air-Conditioners, Smart Cameras, Smart Doorbells, Smart Police Surveillance & Traffic Systems, Smart Health & Performance Tracking Wearable, etc.) to the Internet. However, because of consumer privacy and data security issues with IoT Devices, IT Security Professionals believe it is unsafe and too dangerous. Secure Connection People benefit from stable cloud technology in a variety of ways, from encryption to other solutions. Other options are: Improving the security of your Internet gateway Before a device boots up, it performs a stable boot, which is a software device check. Keeping the cloud-based provider’s solutions up to date on a regular basis. To protect your private browsing data from possible attacks, use a protected VPN link. Building a Secure Network Access Control should be activated on your network so that only approved devices can connect. You should take the following steps: Build a firewall. Secure your authentication keys. Install the most up-to-date antivirus software to keep your network safe and secure. Here are some IoT security solutions for the most common IoT security issues: Secure the IoT Network To protect and secure the network linking computers to back-end networks on the internet, use standard endpoint security features such as antivirus, intrusion prevention, and control mechanisms. Authenticate the IoT Devices Introduce various user management features for a single IoT device and introduce secure authentication protocols such as two-factor authentication, digital signatures, and biometrics to enable users to authenticate IoT devices. Use IoT Data Encryption Encrypt data at rest and in transit from IoT devices and back-end networks using standard cryptographic algorithms and fully encrypted key lifecycle management procedures to enhance overall protection of user data and privacy and avoid IoT data breaches. Use IoT Security Analytics  Use IoT Security Analytics Tools that can detect IoT-specific threats and intrusions that standard network security solutions such as firewalls can’t detect. Use IoT API security methods Use IoT API Security methods to not only protect the privacy of data flow between IoT devices, back-end systems, and applications using recorded REST-based APIs, but also to ensure that only approved devices, developers, and apps communicate with APIs, as well as to identify possible threats and attacks against specific APIs. Test and IoT Hardware To ensure the security of IoT hardware, set up a robust testing process. This involves detailed testing of the range, power, and latency of the IoT system. Chip manufacturers for IoT devices must also improve processors for improved protection and lower power usage without rendering them too costly for consumers or too impractical to use in existing IoT devices, provided that the majority of IoT devices on the market today are inexpensive and disposable with minimal battery power. Develop Secured IoT Apps Given the immaturity of current IoT technology, IoT application developers must place an emphasis on the security aspect of their applications by integrating any of the above IoT security technologies. Before creating any IoT applications, developers must do complete research into the security of their applications and try to achieve the best possible compromise between the user interface and the security of their IoT software. Be Aware of the Most Recent IoT Security Threats and Breach Conclusion To ensure the security of the IoT devices and applications, the device makers and app developers must beware of the latest IoT security risk and breaches.  Since the Internet of Things is also a new concept, security flaws are likely to happen. As a result, all IoT device manufacturers and IoT app developers must be prepared for security risks and have a proper exit strategy to secure maximum data in case of a security attack or data breach  Finally, all IoT device manufacturers and IoT app developers must take action to inform their staff and customers about the current IoT risks, breaches, and security solutions. Visit IoT Development Company page if you have any concerns or would like more details about it.
Why should you start accumulating bitcoins in 2020?
Many countries around the world have started legalizing Bitcoin and other cryptocurrencies. If leading countries like the USA, Europe, and India sees the value of cryptocurrencies, there must be something in there, right? US regulators have green-lighted banks for cryptocurrency custody while the Supreme court of India has also lifted the ban on banks dealing with cryptocurrencies imposed by the Reserve bank of India. If we start gathering such official news, it would take an entire day. But your time is valuable and instead of wasting it on finding sources, it would be wise to initiate the accumulation of cryptocurrencies including Bitcoin. Why would someone prefer investing in Bitcoin over a well-established stock market? Well, that’s a good question indeed. Should you invest in Bitcoins? Why? 1. A real-life usage. (Not a Ponzi scheme) Cross-border payment has become a kid thing where recipients get payment in a matter of minutes instead of days. The sender needs to pay in cents which he or she used to pay in hundreds or even thousands. Besides the more usage it has, the better its value. On top of that, they have a huge potential for industrial partnerships to make a short time gain. 2. It is still in the early phase. You may feel its late because of the price of Bitcoin ($10,999 at the time of writing), it’s not. If you just sit and watch coinmarketcap, you will only see the increment. Imagine what if Bitcoin reserves even a quarter proportion of value stored by commodities like gold? You also do know about halving, hyperinflation, and the maximum supply of Bitcoin, right? That is the answer! 3. Highly secured network. We are already facing millions of dollars of digital money thefts. That’s how vulnerable our baking system is. But when it comes to Bitcoin backed by blockchain technology, you don’t question its security. No hackers till today have successfully managed to steal Bitcoins out a hardware wallet, not they will be able to do so. The money you have invested is secure, you bet! 4. A digital store of value. If you research to analyze how much return on investment (ROI) the gold has given in the past 10 years and then compare it with Bitcoin, you will understand what is the store of value you can have. Yes, it is volatile but if you consider it for the long term, you are sitting on safest bet. At least one BCT is what you need to store for like 5 or 10 years and you will thank me later. 5. Easy liquidation. If you are worried about liquidizing your crypto assets, just stop worrying right now. Because of the worldwide establishment of trading platforms, exchanges, and P2P platforms; you can easily trade your assets with fiat currency and even in commodities, with considerably low fees. Even if you are looking for short-term profit, you got nothing to worry about at all. How to accumulate Bitcoins in 2020? Well, if you are considering it for an investment, you will have to invest it. But if you are still not sure about investing in Bitcoins, there are plenty of ways to collect bitcoin by investing your time and skills. So today, in this article, we are going to discuss one such amazing way to actually gather Bitcoins without investing your fiat money. Let’s get started. ReferCoins basically hires people like you and me to promote their partner projects on social media channels. You will be asked to share, retweet their posts and tweets on your timeline in order to get a reward in Bitcoins. There are many campaigns you can join to earn as much as you can. Yes, it is as simple as that with the help of a few official rules. Are you excited? Before you jump to join, let me introduce their campaigns for the ease of understanding. 1. Facebook Campaign This is the simplest campaign on ReferCoins to earn your first millibitcoins. A genuine Facebook account with a minimum of 100 friends is the only requirement to join the campaign. You will be basically sharing their official posts on your timeline with predefined hashtags. You are also required to submit proof of your work by means of the snapshot. 2. Twitter Campaign This is another easiest campaign for you on the platform. A real Twitter account with 100 followers is a prerequisite in order to join the campaign. In this campaign, you will need to retweet their official tweets with certain hashtags mentioned under the rule section. You also need to submit a snapshot of your work in order to get it approved. 3. Article Campaign This is an effort seeking campaign but worth your time totally. You are asked to write an article covering ReferCoins and publish it on your website. Based on the traffic your site is bringing, you will be categorized between low, medium, and high payout. If you don’t own a site, you can publish it on crypto-focused sites like Steemit, Murmur, Sphere, etc. 4. Video Campaign This is the highest paying campaign on the platform currently. Under this campaign, you will be creating a video about ReferCoins and publishing it on your own channel having at least 100 subscribers. As it pays great, you should also make sure that the video you are submitting is of good quality. Based on the number of views and quality of your video, you will be awarded. These are 4 campaigns currently active on the platform. But you will be able to see a few more soon as they are onboarding various projects. Here is the stepwise guide to join the ReferCoins and withdraw your earned BTCs. 1. Open your web browser and type https://refercoins.com 2. Go to the signup section from the menu bar and fill your basic details. 3. Click on the link you will have received on your registered email to verify yourself. 4. Once you are logged in, you will able to see four above-mentioned campaigns. 5. Let’s join the Facebook campaign. Go to Facebook Campaign and submit your Facebook profile. 6. Wait for 24 hours till your profile gets reviewed and verified. 7. Now perform the task as per the rules mentioned there. 8. You need to take a snapshot of your activity and upload it on the platform through your dashboard. 9. They will review and approve the allocated rewards. 10. Now go to My Wallet > Withdraw and fill the all details. Submit your request and you will get it on your wallet.
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.