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Leading The Era Of ETH2.0, ETH Gene Creates A New Decentralized Interest System Ecology

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Throughout the history of world civilization, mankind has experienced the agricultural revolution, industrial revolution, and information revolution successively. Every industrial technological revolution has had a huge and profound impact on human production and life. The 5000-year farming civilization and 300-year industrial civilization of mankind have become the past. When the wheel of history enters the 21st century, mankind has ushered in a new form of civilization-digital civilization, which is also called the post-industrial civilization era or the information era. Digital civilization has caused fundamental changes in the methods and concepts of information dissemination and cultural consumption.

Global social development has entered the fast lane, and mankind is ushering in the fourth wave of revolution-the era of digital economy represented by block-chain technology. The global economy is increasingly showing digital features, and society is entering a new stage marked by digital productivity. Digital technology has become the key direction of a new round of technological revolution and industrial transformation. Digital transformation provides an important engine for cultivating new drivers of economic growth. Digital economy has become an important part of building a modern economic system.

According to Research And Markets report, by 2025, the global block-chain technology market is expected to reach 57.641.3 billion U.S. dollars, with a compound annual growth rate of 69.4% from 2019 to 2025.

Throughout every time progress, it is inseparable from the leading of transformative technology. Block-chain is the revolutionary technology of today’s era. Block-chain is the product of the digital economy era, and all walks of life are digitizing. In this process, the block-chain enables the credible circulation of digital assets, and smart contracts play a major role in the block-chain.

ETH (Ethereum) is an open source public block-chain platform with smart contract functions. Anyone can build a decentralized application that interacts with ETH and various tokens on the platform. At the end of 2020, ETH2.0 will be launched soon. ETH2.0, also known as ETH 2 or “Tranquility”, is the next major upgrade of the Ethereum block-chain. The development trajectory follows a four-step strategy: Frontier, Homestead ), Metropolis, Serenity. Compared with ETH1.0, ETH2.0 adopts POS consensus, the upgraded version of POW, and the change of consensus, bringing about a subversive change in the economic model of the entire Ethereum, creating a fairer network environment and creating unpredictable users Growth and economic growth improve overall security and scalability, and are more energy efficient. ETH2.0 is the largest open source work in the history of the cryptocurrency field, aiming to deliver a new system that can meet the expected goals of Ethereum.

Based on the upcoming launch of ETH2.0, in order to further promote ecological construction, plan ahead, reserve resources, better build the ETH network, and at the same time give back to members, ETH Gene hereby launches a new generation of decentralized interest system ecology. ETH Gene is a new generation of decentralized interest system ecology based on ETH2.0 POS and centered on security, stability, openness, and transparency. The ETH Gene system adopts decentralized operations and adopts an on-chain governance model, where users can directly participate ETH gene ecological construction.

ETH Gene is committed to building a global and decentralized benefit-sharing ecosystem. Users can participate in ETH Gene’s fund pledge activities and share the benefits of the ecology. The ecology includes mechanisms such as stop loss reincarnation and incremental engines, which can affect the ETH gene. Precise regulation of users’assets ensures the stable operation of ETH genes. Ecological participants in the stop-loss reincarnation mechanism share risks, which can prevent capital risks and balance user profitability. In addition, ETH Gene multi-sign wallets based on ETH smart contract to eliminate wallet security issues and prevent fund loss. Once there is a problem with the wallet or there is no operation or transaction within 10 days, the system will expose the program and return the member’s assets in the same way. Ensure the safety of user funds.

In the future, ETH Gene will continue to expand the shared revenue ecosystem, increase the governance model on the chain, and expand the capacity to carry millions of players to participate Products; establish global nodes and develop wallets on the ETH gene chain; establish exchanges, improve the ETH ecosystem, expand cross-chain functions, support multi-currency, multi-asset transactions ; create diversified products, and build a ETH2.0-based A transparent, safe and multi-benefit shared benefit ecosystem!

In the mighty wave of revolution, ETH Gene will surely take the lead with its unique ecosystem of shared benefits, leading the ETH2.0 revolution, and the future can be expected!

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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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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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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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