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First Global Press Conference of the Lotus Exchange – London Station, England

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November 24, 2020 3:00 p.m, First “Lotus Exchange Global Press Conference-London Station, England” officially opened. Hosted by COIN UNION LIMITED, The Asian Block chain Association (ABS), the Australian Electronic Commerce Association (AECA), the Korean Block Chain Research and Education Institute (KBCI), the British Research Institute Coin Shares、 the British Investment Agency Passion Capital and other 100 industry associations and institutions, Net the core brand of the global decentralized exchange, Bringing together the core leaders of the Lotus Consensus community in 178 countries, Set up the upper, middle and lower trading service industry ecosystem, Witness the growth of Lotus exchanges.

Lotus Exchange as the world’s leading decentralized digital asset exchange, relying on the experience of senior trading platform and high-looking situation judgment, decentralization as the core into the exchange field, combined with distributed storage technology, to achieve user asset custody, dealmaking, asset liquidation are placed on the block chain, all trading instructions are implemented by open source intelligent contracts, without the participation of trading platform to participate in the supervision, Perfect solution to the traditional centralized exchange “capital manipulation, data fraud, security loopholes, excess operating costs, trading restrictions” inherent drawbacks, will dominate the digital asset trading mode, To create a global interactive three-dimensional trading service market, for the global block chain trading service market prosperity, inserted the wings.

The President of the COIN UNION LIMITED Foundation William  attended and delivered a speech. He said,Since the launch of Lotus Exchange, the experience and response of consensus community users have been very good. Among the many exchanges, Lotus Exchange is undoubtedly the shining star. This innovative mechanism, which maximizes the value of user consensus, represents the most advanced form of decentralized exchange that can be foreseen at present, and is the most subversive application of decentralized technology.

LTS Token the opening day of trading is a miracle of 10 times the increase, Lotus the exchange has always insisted on the consensus value and interests of all users in the first place, we believe that a thriving decentralized trading platform, Only by sharing the wealth of block chain technology and obtaining richer, reliable and secure trading services will it be based on the industry and open a new era of decentralized exchanges.

Aria Lorence, chief development engineer of the Lotus exchange, said that after more than ten years of baptism, the blockchain trading service industry ushered in a transition period from germination to specialization and maturity. At present, most exchanges have the disadvantages of centralization, which drag down the pace of the trading service industry, Lotus the exchange insists on taking decentralization as the starting point, and tries its best to construct a truly decentralized digital asset trading environment.

Lotus Exchange also adopts reasonable and feasible power distribution mechanism and destruction mechanism to ensure the dynamic balance of output and destruction of the whole LTS ecology, integrates main chain access network, side chain node and cross chain consensus technology in the output mechanism, and realizes fast and efficient full chain design, IPFS storage mechanism, Proof  of Work, Capacity of Work on a safe and robust basis. Block packing of public chain is no longer the main goal of mining, and a large number of meaningless transactions are reduced by packing blocks free of charge, Avoid a large amount of resource consumption of miners, objectively improve the system transaction throughput. Based on this, a permanent storage mechanism of Internet data is constructed, which makes it more convenient for commercial organizations to carry out self-operation on the basis of LTS public chain, carry out value interconnection, apply circulation strategy, and construct a new block chain application new economic ecological circle.

The economist Michael Kevin pointed out that the essence of Lotus exchange consensus link is the revolution of community economic system. For a long time, humanity has been unable to address the very inequitable distribution of wealth. Bitcoin, POW、POS、IPFS and so on all raise and inspire the possibility that Lotus exchanges are very likely to establish a truly computationally based community economic system, measured by community value. This community economic system is likely to be the most equitable and reasonable distribution system, so that the community economic system can maintain the stability of the wealth system caused by the digital economy, the broad calculation force and the wealth system.

Lotus exchange has achieved a breakthrough from “single computing power” to “multi-latitude computing power “, from reducing mining costs and optimizing output structure, to create a more fair, easier to achieve, higher consensus value of the community economic system. It will push forward the expansion of computing power revolution to the whole field of digital assets to support the growth and expansion of digital wealth in the future and form a system of computing power distribution mechanism for sustainable development.

Lotus exchange will also use high-performance matchmaking engine technology, high-frequency trading quantization strategy, IPFS distributed storage technology to achieve high concurrent processing speed, learn from the IPFS distributed network system, build unlimited expandable server, solve the problem of block chain network efficiency and block expansion. Lotus exchange also adopts ring signature encryption algorithm to strengthen chain security governance. Generally speaking, the Lotus exchange will solve the problem that the block chain can not be triangular (decentralization, security, transaction processing efficiency coexist at the same time). Besides, LTS ecology also adds modular design and ease of use to the development process. For easy development and maintenance, the LTS is divided into three modules: technical module, user interaction module and business path module. In order to meet the operating system and development needs of different users and truly open source, LTS provide different application versions of the application system, and provide mobile services. Encourage third-party development agencies and LTS to jointly promote the global application of block chain technology, and develop a convenient and efficient popular block chain mobile terminal service.

Lotus exchange will reshape the blockchain trading service system, and with the help of advanced technologies such as AI, big data, cloud computing, 5G and Internet of things, it will digitize the traditional economy, accurately match and widely circulate, and finally realize the digital upgrading of the transaction service industry, and create a digital economic ecological alliance with unlimited data circulation, open value sharing and industrial collaborative innovation.

In the future, lotus exchange will also establish a set of financial investment system with high transparency, accessibility and inclusiveness through distributed open source agreement, minimize the risk of trust, make it easier and convenient for participants to get injection, and further open the financial system of blockchain world by means of decentralized lending agreement, and will be applied to currency issuance, currency transaction, loan and asset delivery E-commerce, investment and financing and other fields. With multi center trust as the core, we will create a new generation of value circulation network, so that digital assets can flow freely. To create a highly open financial services market that everyone can participate in. It enables anyone to create new markets, provide liquidity and build financial applications that were previously impossible to exist, and apply to digital assets, financial investment, equity bonds, data security and other fields.

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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

Match System’s CEO Andrei Kutin Announces Full Recovery of $68 mln Stolen Crypto Assets

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Summary:  $68 million from the incident occurred on May 3, 2024 related to the “dust” attack were fully returned to the victim today with the participation of the cybersecurity agency Match Systems and the Cryptex cryptocurrency exchange. At the moment, the victim has no complaints against the attacker.

On May 3, 2024, one of the crypto whales became a victim of a classic dust attack (or “dandruff attack”) resulting in the theft of 1,155.28 WBTC, worth over $68 million.

The stolen tokens were received by an unknown scammer to the address 0xd9A1C3788D81257612E2581A6ea0aDa244853a91, from which the funds were moved to the address 0xfB5bcA56A3824E58A2c77217fb667AE67000b7A6. After which the stolen funds began to be distributed in parts to several scammer’s addresses. 

The victim immediately sought assistance from Match Systems. As a result of promptly conducted work, the assets were found and returned to the crypto whale in full in just a week. 

This incident perfectly demonstrates that promptly contacting specialists in case of theft of crypto assets significantly increases the chances of the crypto fraud victim to get them back. Moreover, the earlier the victim seeks help, the higher the probability of getting the stolen funds back in full.

More detailed information about this type of theft is contained in the article:

https://journals.nauss.edu.sa/index.php/JISCR/article/view/2237/1275

About Match Systems:

Match Systems, is a leading company specializing in AML services, blockchain investigations, and implementation of compliance procedures for cryptocurrency projects around the world. By leveraging advanced technology and expertise in financial crime detection, the company is poised to help organizations to navigate the complex regulatory landscape as well as minimize the risks associated with digital currencies.

Media contacts:

Name: Joseph Anderson

Website:  https://matchsystems.com/    

Email: [email protected]

Address: Dubai, UAE

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Arch Town Labs Announces Focus on Investing in and Supporting Non-profit Organizations and Social Impact Initiatives

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In the realm of non-profit organizations and social enterprises, funding is a critical factor that often determines the success or failure of the mission. One increasingly popular source of capital is Venture Philanthropy, a practice of making investments in non-profit or social enterprises that aim to generate both a social return and a financial return. In this article, we will explore three prominent venture philanthropy firms that non-profits and social entrepreneurs should be aware of.

Arch Town Labs

Arch Town Labs is a prominent venture philanthropy firm founded by Artem Vershinsky and Pavel Ryzhykh in 2023. It focuses on investing in and supporting non-profit organizations and social enterprises that are dedicated to creating positive social change. This organization believes in the power of social entrepreneurship and uses its resources to help these organizations scale and maximize their impact.

New Profit

New Profit is a venture philanthropy organization that aims to break down the barriers standing between people and opportunity in the United States. It seeks to transform the way America educates its children, propels people towards social mobility, and re-engineers our workforce for the future. The organization provides funding and strategic support to a portfolio of social enterprises to accelerate their impact.

The Edna McConnell Clark Foundation

The Edna McConnell Clark Foundation has been a pioneer in the world of venture philanthropy. The foundation is committed to helping financially disadvantaged youth in the United States. It achieves this by making large, long-term grants to non-profits that have demonstrated the potential to significantly improve the lives of these children.

The Skoll Foundation

The Skoll Foundation is another key player in the field of venture philanthropy. It was established by Jeff Skoll, the first employee and first president of eBay. The foundation invests in, connects, and celebrates social entrepreneurs and innovators who are committed to solving the world’s most pressing problems.

The Omidyar Network

The Omidyar Network is a philanthropic investment firm. It was established by eBay founder Pierre Omidyar and his wife Pam. The network supports innovative start-ups and non-profits in areas ranging from education and financial inclusion to property rights and government transparency.

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Media Details:

Website URL: https://archtown.org/labs

Company Name: Arch Town Labs

Contact Person: Artem Avershinsky

Email: [email protected]

Company Address: London, United Kingdom

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Press Release

Embracing a World of Mutual Understanding among People through Mountain Tourism – “International Mountain Tourism Day 2024” Theme Events Will Kick Off

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China, 19th May 2024 – The “International Mountain Tourism Day 2024” Theme Events will be held in Nice, Alpes-Maritimes, France on May 29. The Events is hosted by the International Mountain Tourism Alliance (IMTA), a non-profit international organization initiated and established by China. A series of activities will be held around the events theme “Mutual Understanding among People through Mountain Tourism” and the forum theme “Mountain Tourism Destinations Responding to Climate Change“, including a launching ceremony, theme forum, promotion conference, negotiation meeting, exhibition, etc. 

Scenery of the Nice Côte d’Azur. Image source: Nice Côte d’Azur Tourism Board 

@Ville de Nice.

The year 2024 marks the 60th anniversary of diplomatic ties between China and France, and is also the “China-France Culture and Tourism Year”. France is a cultural and artistic center of Europe and one of the earliest countries to develop mountain tourism, the Theme Events held here will be meaningful. Through multi-perspective, multi-field, and multi-topic discussions and interactions, it will bring in-depth thinking and experience to the attendees. Through various exchange activities, it will showcase and disseminate the development concept of mutual understanding among people, and promote the innovation of the “Mountain Tourism Plus” model.

At the opening ceremony on the morning of May 29, leaders and representatives from IMTA, relevant institutions in Nice, France, relevant Chinese institutions in France, and international organizations will make wonderful addresses and give high-level speeches. At the theme forum, representatives from international tourism organizations, tourism-related institutions and enterprises of related countries, and experts and scholars will propose forward-looking and guiding opinions and solutions based on challenges brought by climate change to mountain tourism, ice-snow tourism and other aspects, as well as the interrelationship between sustainable tourism and climate change. In the afternoon, a Mountain Tourism Promotion & Sino-European Entrepreneurs Exchange Conference will be held to build a platform for exchange and cooperation between mountain tourism industry in China and Europe. With the purpose of exploring models and paths for multi-field and multi-level business cooperation, IMTA will exchange MOU with the International Nordic Walking Federation (INWA), World Association for Hospitality and Tourism Education and Training (AMFORHT), and SAS Maxi Event’s FRANCE.

Recently, Serge Koenig, a professor from Ecole Nationale de Ski et d’Alpinisme (ENSA) and an expert from IMTA, and Yang Xiaohua, a mountaineering coach from China, successfully summited Mont Blanc on behalf of the IMTA. According to information, this is one of a series of events of “International Mountain Tourism Day 2024”. Following the successful summit of Mount Everest with the “International Mountain Tourism Day” flag on May 29, 2019, the summit of the highest peak in Western Europe in 2024 symbolizes the contemporary move of mountain tourism in the two countries going forward hand in hand with courage. It not only aligns with the sportsmanship spirit of the Paris Olympics but also vividly reflects the synergy and interaction between sports and mountain tourism, symbolizing the ongoing, upward and forward friendship between the Chinese and French people.

Serge Koenig (right) and Yang Xiaohua successfully summited Mont Blanc, France. Image source: IMTA.

In order to deepen international friendly exchanges and promote understanding and respect of different cultures, IMTA will host the “Nice Night” Dinner and the Mountain Community & Art Exhibition. The fusion of traditional Chinese Miao and Dong ethnic songs, dances, Western orchestral music, and the interaction between global mountainous natural scenery and humanistic life, will surely bring unique experiences to the guests. During the event, the Global Initiative of “Mutual Understanding among People through Mountain Tourism” will also be released. Relying on mutual learning among civilizations, the inheritance of mountain civilization will be empowered with new connotations of the era and will contribute to enhancing the integration and mutual understanding of world civilizations.

Dong Grand Choir of Guizhou, China. Image source: IMTA, photographed by Wang Xiao.

The “International Mountain Tourism Day” is an international commemorative day initiated and established by IMTA in 2018. At present, it has become an international platform for the global tourism industry and IMTA members to jointly cultivate, participate in, and benefit from. It is an institutional brand for IMTA to participate in the establishment of a global tourism governance system. IMTA will start with “International Mountain Tourism Day” to promote innovation of the “Mountain Tourism Plus” model, facilitate the development of the global tourism industry, and join hands with others in the industry to work together to build a sustainable tourism community a with shared future.

Media Contact

Organization: International Mountain Tourism Alliance

Contact Person: Zhang Yijing

Website: http://www.imtaweb.net/

Email: Send Email

Country: China

Release Id: 19052412304

The post Embracing a World of Mutual Understanding among People through Mountain Tourism – “International Mountain Tourism Day 2024” Theme Events Will Kick Off appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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