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Checkdot Announces First Anonymous Validations through Decentralized Forms using blockchain

Team Bitcoin Daily

Published

3 years ago

on

Tech company, CheckDot has announced the first-ever decentralized trust protocol – CheckDot –  that allows crypto enthusiasts and firms to ascertain the legitimacy, transparency, and trustworthiness of any crypto project or company on the blockchain, anonymously. The projects include smart contracts, NFTs, codes, and others on the blockchain.

With this innovation, CheckDot becomes the first company on the Binance Smart Chain to create an “opinions platform” that helps to unearth hidden information about companies and different digital projects through the collection of information from different people on the blockchain. Hence, the new technology will help increase the trusts their users/clients have in them.

The objective of the company is to address the growing trust deficit that presently exists in the blockchain world by helping companies and project owners maintain or regain the trust of their users through an anonymous validation system.

As the global demand for digital assets keeps rising each day, the digital asset space has continued to be filled with various forms of projects and firms springing up with unverifiable claims. Determining those that are genuine about their provisions of trusted, tech-based solutions to users on the blockchain, has increasingly become a herculean task given the manner in which they present their operations. Some of these so-called brands have operated fraudulently with misleading information and data. It has led to a reduction in the level of trust and confidence for blockchain activities, among digital asset users, across the board.

CheckDot has taken it upon itself to design the new protocol that eradicates the trust deficit on the blockchain by providing digital asset enthusiasts with technology to help ‘sanitize’ the value chain via anonymous verifications of various projects and brands, including smart contracts, codes, forms, firms, special blockchain services, Non-Fungible Tokens (NFTs), and others. It has lined up ten special services for the project and the first of them all – the Code Audit – will be accessible by users by the end of 2021. CheckDot users will be able to request for advice or carry out audits through the assistance of one or two layers of advisors in the community.

An interesting side of the project for every user is that they can earn simply by performing or engaging in any of these, on the platform: Smart Contract Audits, KYC Audits, NFT Trust Indexes, Rare Objects, Anonymous Forms, E-Commerce Pre-Verification Opinions, Businesses Verification, E-Document Verification, and Services Trust Analysis. To participate, a user is expected to have some specified amount of the platform’s unique digital coin – Check Dot Token. This token is used to gain access to and initiate the validation process, after which a user is rewarded with more CDTs. The presale of the CheckDot CDT starts November 6 at 19:00 (UTC). 

Company’s Plans

By the first quarter of 2022, the company will be moving to the second phase of its service rendering when community members would be able to validate special services and firms, then the results listed on its platform for reviews by users. Crypto projects that have been evaluated by the community using the CheckDot guidelines, will be listed on the platform by professionals who understand how to evaluate a business.

CheckDot also plans to extend its token offering to other exchanges other than Pancakeswap, by the last quarter of 2023. The company is going to be introducing its Decentralized Autonomous Organization (DAO) Governance which will ensure that all community members can contribute to discussions centered around the development and implementations of future projects, by 2022.

About CheckDot

CheckDot is a tech-based company that is focused on helping digital assets users build trust in crypto projects and companies that they have subscribed to, verify whether they are transparent, legit, and trustworthy.

The CheckDot team is made up of qualified and highly professional tech experts in crypto and digital assets, with Jeremy Guyet as the Chief Executive Officer.

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Press Release

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

Published

3 days ago

on

July 24, 2024

By

We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

Published

4 days ago

on

July 24, 2024

By

The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

Published

5 days ago

on

July 22, 2024

By

We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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