Generation Digital

generationdigital

Banking is one of the sectors that most successfully implements technological developments in their products, services and processes. However, the actors of the transformation started with digitalization in finance are not only these banks anymore. According to Facebook report of , , the largest single generation ever with their average age of 26.5, don’t trust traditional banks and this is no doubt shaped by the 2008 Financial Crisis. The most striking result was the new products and services which have for a while started to appear in the market and extend their reach. For example, in recent years, tech giants, Alibaba and Tencent, Ping An, Baidu and more that have both massive customer bases and vast cash reserves have provided new choice of payment for especially many unbanked customers with their digital wallet services replacing cash and credit cards in both local and global market. When the integration of technology and innovation into the financial sector is considered, it’s possible to say that despite its late start compared to its Western “counterparts”, the most important one, US, China was currently enjoying a “late-mover” advantage in fintech sector along with the liberalization of its economy. Millennials + Money: The Unfiltered Journey 92% of millennials According to MIT Review January 2019 The China Issue China’s mobile payment market has reached a whopping 15.4 trillion $ magnitude, about 41 times that of the US. The growth and adaptation difference between the two countries demonstrate how different approaches, investments and supports by the general population can create two sets of trends. If you look back a couple of years ago It’s not surprising that while two Chinese technology and payment companies, Tencent’s WeChat Pay and Ant Financial’s AliPay had respectively reached of 231.9 and 213.4 bn USD capitalization, whereas the US companies, Paypal, Mastercard and Visa were standing at of 47.6, 112.4 and 181.2 bn USD according to . In another market study done by PWC “ ” report published in 2018, There are two new entrants in the top ten, Chinese technology companies, Tencent and Alibaba, replacing US companies Exxon Mobil and Wells Fargo. While the US still dominates Global Top 100 with 54 companies in 2018 compared to 42 in 2009, China holds the second position with 12 companies (two more than last year and three more than 2009). Especially, Chinese technology and payment companies have the second largest absolute increase in 2018 compared to the data in 2017 with the rates of change, respectively 82% and 75% in market cap among 20 top countries across the globe. 2016 Factset financial data and analytics report Global Top 100 Companies by Market Capitalisation As of March 1st, 2019 So, where does all of the Tencent and Alibaba’s value come from? Let’s start with Alibaba. The success of it lies in part, with Alipay, the third-party mobile and online payment platform under Ant Financial, Alibaba’s affiliate company that processed on Alibaba Group’s Tmall.com and Taobao.com. Ant Financial has now approximately 450 million active users by providing an ecosystem for Alipay according to data from ; and this digital payment service has already begun expanding outside Alibaba’s reach to provide e-commerce operations for a larger client base in Mainland China. payments for 1.1 billion transactions Analysys International Enfodesk The second giant company, transforming itself virtually into a digital bank for its customers, Tencent was designed as a popular messaging application used by over 800 million people for daily communication and payment activities. Mobile Payment Market China Since 2016, there has been in user acquisition because of the opportunities provided by its flagship product, WeChat and digital payment business WeChat Pay that gives access to financial management, banking transactions, peer-to peer payments and more. 30% annual growth rate Mobile Payment Market China From Payment to Banking Hong Kong government has planned to provide to the China’s top technology and payments companies, for the first time. This is another groundbreaking accomplishment by these tech giants that disrupt the older traditional banking system that we are familiar with. Such an attempt of Hong Kong government can be understood in the context of a policy change based on the aim of transforming the country, as this semi-autonomous region governed by China, is now evolving into a smart city by opening its own market to the online competition. digital banking licenses Ant Financial, Tencent, ZhongAn, Xiaomi Image by from Brigitte Werner Pixabay Until recently, we’ve come to know only a few banks such as Hang Seng Bank, Standart Chartered and HSBC owning a lion’s share of credit cards and retail mortgage loans with approximately 66% in Hong Kong according to Goldman Sachs researches. For example, HSBC ensured its leader position in the market in last year with $1.4 billion profit obtained thanks to its wealth management and retail operation policy for the second quarter. However, we still could see unsatisfied customers with the existing bank models. According to the Accenture researchers’ report published in 2017, just over half of customers in Hong Kong are satisfied with their current banks compared to 88 percent in the US. Accenture Asia Pacific managing director Fergus Gordon commented, “There is a large majority of customers in major markets who are willing to do banking with different models, and digital banks have a great opportunity to tap into that.” The rise of the new fintech giants also seems the have started to affect the lending scene. Growth is very significant, both in amount and transactions which is a true indication of the success of their expansions. WeChat’s WeiliDai, although started operations in 2014, have seen a massive growth to surpass 133 billion dollars of loan amount in 2017 with 12 million customers. The growth ratios suggest much more growth in the upcoming years. It’s not just the loans given out, these two major platforms also are becoming the mainstream methodology for investing funds. Alipay’s money-market fund Yu’e Bao, receives investments up to $3,000 yielding an annual return of 4%. The total amount has surpassed $160 billion. However, we can say that the unsatisfied customers with traditional banking models is not just peculiar for the Hong Kong market. For a long time, the bidders hope to challenge the “oligopoly” of traditional banks in market by offering a digital alternative to customers who are unsatisfied with their current options in most of the markets in global scale in today’s world. Hong Kong Other fields of tech stepping into the banking scene As the competition grows between the tech giants and traditional banks to satisfy their customers, we’ve come across a wide range of new tools and platforms such as artificial intelligence (AI), machine learning and Blockchain infrastructures which opened the door to other capabilities. It can be concluded that such technologies disrupt traditional financial landscape and reshape the methods of financial institutions on providing services in accordance with the expectations of “incredulous” customers. Especially the Blockchain technology, as a disruptive innovation, is shaping up to be a challenge to the existing social, economic and thereby, political relationships in both local and global level. It seems to perfectly combine the transparency of Internet with the security of cryptography. People’s expectation for a more “trustful” and democratic world of data is coming to being day by day. The democratic character of Blockchain is not just related to its capacity to enable people to verify their own data but also to its ability to provide an infrastructure for sharing economy that involves all participants in the network. The Tech giants are aware of the power of Blockchain technology in various fields and they have recently started to integrate the technology into the artificial intelligence mechanisms of their companies. For example, Alibaba, one of the most giant e-commerce company in China, started to use Blockchain technology to accelerate payment process in the international arena. On the basis of Blockchain technology, the users’ account balance will be verified through smart contracts. Thus, without the need for more servers, the system will be more cost-effectively worked over Blockchain networks. Old Players, New Looks As the most “disruptive” innovation in today’s world, the Blockchain has been the “buzzword” and ubiquitous technology of 2018. Today, even messaging app Telegram have conducted the TON project based on the Blockchain technology with the aim of increasing the real-world applications of cryptocurrencies through the idea of first-ever mass-market cryptocoin. Basically, “TON is a decentralized and robust supercomputer transferring high volumes of information or value.” The project is expected to bring non-censorship and anonymity through Blockchain decentralized infrastructure. As TON will achieve maximum security with minimum transactional time, the ecosystem is poised to become a Mastercard/VISA alternative. According to TheBlock, a report for investors of the project, TON Virtual Machine is a software enabling smart contracts to be executed is mostly completed at that time. that they were also working on a new coin that would enable Whatsapp users to exchange crypto coins. Facebook announced As blockchain and fintech revolution is happening worldwide, more giants from various countries are getting more eager to jump into the scene. In the last week of February, that they will be launching a new stable coin J-Coin with the hopes to use it in payments and remittance services. This is a second move after Facebook had announced that they were also working on a new coin that would enable Whatsapp users to exchange crypto coins. If we are speaking of giants interested in the blockchain technology, we also have to take into consideration the latest . As one of the biggest banks of USA, JP Morgan seems to have started to get involved in the blockchain scene and they are now after being a “reliable” institution with their stable currency in a considerably volatile market. These three examples are not the perfect representations of a “decentralized” coin per se, but it is a perfect use case of the blockchain technology deployed by a centralized company. Japanese “Megabank” Mizuho Financial Group, which is currently standing at 1.8 trillion $, announced stablecoin project of JPMorgan Race of blockchain adoption Telegram a direct competitor of Whatsapp is one a few steps closer to the finish line of their vision. The 5 year-old new messaging app already managed to raise 1.7 billion dollars in a private ICO and is fiercely bearing down on the vision to create a cryptocurrency platform based on their messaging app. This is considered to be 2018’s boldest attempts to drive mass adaption of blockchain applications. Messaging Apps and Their Payment Services At this point, it’s inspiring to realize the increasing wave of the “alternative economy” channels created not only by the traditional banks that have started to use digital technology and above-mentioned BigTechs transforming into the new digital banks but also by newly emerged Blockchain-based startups with the “shared economy” slogan. Is Blockchain for BigTechs or against Tech Giants? Although BigTechs can be considered alternative digital banks for the traditional in recent years, it is paradoxical for massive technology companies to unite Blockchain and AI since such tech giants continue to act as “gatekeepers” for preservation of data. In contrast, cryptographic protocols designed around Blockchain aims to allow users to have more control over their private data. Therefore, as the number of alternative channels aimed at the idea of “self-sovereign” user identity increases day by day, the suspicion toward the efficiency of BigTechs increases in a similar manner. Therefore, the mission of some Blockchain-based startups can be understood in the context of “uncompleted” shared economy. Their intention is to create a path based on the trade of data instead of currency, and thereby, erasing the hegemony of the technology oligopolies by providing free access to the information. Through decentralized and distributed ledger system of Blockchain technology, the entire process divided between several nodes is now faster and more trustful because of the requirement of licensing that includes legally binding contracts and permissions for commercial purposes. As a result of which, through Blockchains, it can be considered more fairly awarded content creators for the work they do in the context of “sharing economy.” Blockchain enables users to sketch contracts easily using built-in tools and efficiently transfer the rights to their data to other entities. The new technology implies decentralization and the world seems to adapt to the idea very quickly It would be a very optimistic prediction if we say that blockchain technology will have an equal positive effect all over the world. We have already begun to see major differences in approach to these new tokens and innovations. Some countries are already assuming the leader role thanks to their innovative approach and risk appetite. China’s increasing trend in technological investments and growth in patent applications favor the country immensely. However, many western countries like Switzerland, Malta, Germany, USA, Estonia and the other Asia giant Japan do not lag following suit. The Swiss city of Zug has already earned the reputation as the Blockchain Valley thanks to their early recognition of the power of this recent technology, which they supported by establishing regulations for the private ventures that intend to use blockchain. The new technology implies decentralization and the world seems to adapt to the idea very quickly, as we are drawing closer to a future where Silicon Valley giants will not be leading the world anymore. With the new lead of these countries and more of them joining in this ultimate technological revolution, the regions adapting the new tech is expected to go through a significant improvement in revenue and growth. Sources: https://www.pymnts.com/news/digital-banking/2019/ant-tencent-xiaomi-hong-kong-digital-banking-license/ _Some of the world’s biggest banks are about to go head to head with China’s top technology and payments companies for…_www.ft.com Hong Kong opens banking market to online competition https://www.jpmorgan.com/europe/merchant-services/fin-tech-revolution https://www.ccn.com/japan-megabank-mizuho-digital-currency-payments https://www.bcg.com/en-gb/publications/2017/marketing-sales-how-digital-leaders-transforming-b2b.aspx https://etherworld.co/2019/01/23/how-blockchain-could-break-big-techs-hold-on-ai/ https://www.icotokennews.com/icos/telegram/ http://www.analysyschina.com/ https://techcrunch.com/2018/12/21/facebook-stablecoin/ https://www.pwc.com/gx/en/audit-services/assets/pdf/global-top-100-companies-2018-report.pdf https://www.emarketer.com/Article/Ant-Financial-Rebrands-Lazadas-Payments-Service-Alipay/1015705 https://www.hbs.edu/faculty/Pages/item.aspx?num=52493 https://etcsummit.com/wp-content/uploads/2018/09/Tom-Lee-Fundstrat-How-Millennials-are-Powering-Wall-Street%E2%80%99s-Interest-in-Crypto.pdf https://technode.com/2017/04/07/alipay-leads-chinas-third-party-mobile-payment-market-in-q4-2016/ https://www.forbes.com/sites/ywang/2018/03/28/is-alipay-losing-to-wechat-in-chinas-trillion-dollar-payment-war/#48be89ca8822 https://www.investinblockchain.com/breaking-1-8-trillion-japanese-megabank-launching-a-stablecoin-for-payments-and-remittances-in-march/ https://www.reuters.com/finance/stocks/ http://www.iresearchchina.com/content/details7_49288.html

Building New Generation Digital Banks with Programmable Money and Trust: Are You Ready for the Next…

London, United Kingdom, May 13th, 2024, CyberNewsWire Logicalis, the global technology service provider delivering next-generation digital managed services, has today announced the launch of Intelligent Security, a blueprint approach to its global security portfolio designed to deliver proactive advanced security for customers worldwide. Intelligent Security has been designed by Logicalis' worldwide team of security specialists to give customers the most comprehensive observability and protection available. It is based on tracking and analysing cyber threats and knowledge of the latest prevention methods deployed across its customer base. Logicalis' tenth annual CIO report surveyed 1,000 CIOs globally and found that of the 83% of CIOs who experienced cyber-attacks in the last 12 months, only 43% feel prepared for another breach. Designed to help CIOs manage these pressures, Intelligent Security will leverage Logicalis's security capabilities as well as its relationships with global partners such as Cisco and Microsoft, where it has the highest levels of security accreditations. Logicalis CTO Toby Alock said: "Many organisations focus on one area of the security fabric; we recognise in today's cyber security landscape there are no silos; organisations must look across the entire footprint, from secure connectivity, securing the cloud, securing the hybrid worker and weaving secure operations across the entire organisation". The Intelligent Security global portfolio delivers a concise and comprehensive proposition for customers, including: ● Advisory: Providing customers with a range of advisory services dedicated to helping them understand their security needs and identify the right solutions for their business. ● Secure workplace: Securing worker communications and devices as remote working continues to impact the workplace security landscape. ● Secure connectivity: Enforcing zero trust security from edge-to-edge, ensuring networks are robust enough to enable safe IoT, 5G and edge computing. ●  Secure hybrid cloud: Safeguarding cloud environments to ensure data, applications, and IT resources are safe. ● Secure Operations: Providing 24/7/365 best practice proactive threat detection and incident response, across three global security regions, using AI and automation to identify and triage. In addition to the Intelligent Security global portfolio, the company is announcing several key investments in cyber skills and capabilities to bolster its position as a global leader in security services. Expanding the Managed Security (SOC) team in Portugal, which currently serves customers across EMEA, including the UK, Ireland and Germany
Partnering with Cisco to develop a Cyber Academy and a pipeline of qualified cybersecurity graduates into the EMEA Security team
Partnering with local universities in Portugal to develop an Intern program, which helps develop cybersecurity skills to serve the EMEA region and beyond. Logicalis continues to prove its robust security offer by achieving Microsoft-verified Managed Extended Detection and Response (MXDR) Partner Status, launching Cisco Powered Intelligent Connectivity, built on zero-trust security, and being one of only six partners globally working with Cisco to develop an XDR proposition and enhance its Cisco security capabilities. Intelligent Security will be underpinned by Logicalis' Digital Fabric Platform, providing CIOs with deeper-level insights and recommendations to enhance the performance of their entire digital ecosystem. Toby Alock concludes, "We are at a pivotal point as security threats grow in scale and sophistication. CIOs and IT leaders are rethinking security in the era of AI and considering whether they have the in-house skills necessary to operate safely. Logicalis has seen a 300% surge in demand globally for Managed Security services in the past 12 months. Our customers are looking for a holistic, proactive approach to navigating security; we believe our simplified portfolio, our partnerships, and our investments in cyber talent for the next generation will deliver customers what they need: AI ready Managed Security with governance and SOC Protection wherever they are in the world". For more information please contact: Logicalis Team at Another Word Email: logicalis@anotherword.com Tel: 020 3176 0014 About Logicalis We are Architects of Change™. We help organisations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter. Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimise operations, reduce risk and empower employees. As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including; availability, user experience, security, economic performance and sustainability. Our 7000+ ‘Architects of Change’ are based in 30 territories around the globe, helping our 10,000+ clients across a range of industry sectors create sustainable outcomes through technology. Logicalis has annualised revenues of $1.7 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $5.1 billion.\ Contact Katie Fraser ANOTHER WORD katie.fraser@anotherword.com 07908229152 This story was distributed as a release by Cyberwire under HackerNoon’s Business Blogging Program. Learn more about the program here. London, United Kingdom, May 13th, 2024, CyberNewsWire London, United Kingdom, May 13th, 2024, CyberNewsWire Logicalis, the global technology service provider delivering next-generation digital managed services, has today announced the launch of Intelligent Security, a blueprint approach to its global security portfolio designed to deliver proactive advanced security for customers worldwide. Intelligent Security has been designed by Logicalis' worldwide team of security specialists to give customers the most comprehensive observability and protection available. It is based on tracking and analysing cyber threats and knowledge of the latest prevention methods deployed across its customer base. Logicalis' tenth annual CIO report surveyed 1,000 CIOs globally and found that of the 83% of CIOs who experienced cyber-attacks in the last 12 months, only 43% feel prepared for another breach. Designed to help CIOs manage these pressures, Intelligent Security will leverage Logicalis's security capabilities as well as its relationships with global partners such as Cisco and Microsoft, where it has the highest levels of security accreditations. Logicalis CTO Toby Alock said: "Many organisations focus on one area of the security fabric; we recognise in today's cyber security landscape there are no silos; organisations must look across the entire footprint, from secure connectivity, securing the cloud, securing the hybrid worker and weaving secure operations across the entire organisation". "Many organisations focus on one area of the security fabric; we recognise in today's cyber security landscape there are no silos; organisations must look across the entire footprint, from secure connectivity, securing the cloud, securing the hybrid worker and weaving secure operations across the entire organisation". The Intelligent Security global portfolio delivers a concise and comprehensive proposition for customers, including: ● Advisory: Providing customers with a range of advisory services dedicated to helping them understand their security needs and identify the right solutions for their business. ● Secure workplace: Securing worker communications and devices as remote working continues to impact the workplace security landscape. ● Secure connectivity: Enforcing zero trust security from edge-to-edge, ensuring networks are robust enough to enable safe IoT, 5G and edge computing. ●  Secure hybrid cloud: Safeguarding cloud environments to ensure data, applications, and IT resources are safe. ● Secure Operations: Providing 24/7/365 best practice proactive threat detection and incident response, across three global security regions, using AI and automation to identify and triage. In addition to the Intelligent Security global portfolio, the company is announcing several key investments in cyber skills and capabilities to bolster its position as a global leader in security services. Expanding the Managed Security (SOC) team in Portugal, which currently serves customers across EMEA, including the UK, Ireland and Germany Partnering with Cisco to develop a Cyber Academy and a pipeline of qualified cybersecurity graduates into the EMEA Security team Partnering with local universities in Portugal to develop an Intern program, which helps develop cybersecurity skills to serve the EMEA region and beyond. Expanding the Managed Security (SOC) team in Portugal, which currently serves customers across EMEA, including the UK, Ireland and Germany Partnering with Cisco to develop a Cyber Academy and a pipeline of qualified cybersecurity graduates into the EMEA Security team Partnering with local universities in Portugal to develop an Intern program, which helps develop cybersecurity skills to serve the EMEA region and beyond. Logicalis continues to prove its robust security offer by achieving Microsoft-verified Managed Extended Detection and Response (MXDR) Partner Status, launching Cisco Powered Intelligent Connectivity, built on zero-trust security, and being one of only six partners globally working with Cisco to develop an XDR proposition and enhance its Cisco security capabilities. Intelligent Security will be underpinned by Logicalis' Digital Fabric Platform, providing CIOs with deeper-level insights and recommendations to enhance the performance of their entire digital ecosystem. Toby Alock concludes, "We are at a pivotal point as security threats grow in scale and sophistication. CIOs and IT leaders are rethinking security in the era of AI and considering whether they have the in-house skills necessary to operate safely. Logicalis has seen a 300% surge in demand globally for Managed Security services in the past 12 months. Our customers are looking for a holistic, proactive approach to navigating security; we believe our simplified portfolio, our partnerships, and our investments in cyber talent for the next generation will deliver customers what they need: AI ready Managed Security with governance and SOC Protection wherever they are in the world". Toby Alock concludes, "We are at a pivotal point as security threats grow in scale and sophistication. CIOs and IT leaders are rethinking security in the era of AI and considering whether they have the in-house skills necessary to operate safely. Logicalis has seen a 300% surge in demand globally for Managed Security services in the past 12 months. Our customers are looking for a holistic, proactive approach to navigating security; we believe our simplified portfolio, our partnerships, and our investments in cyber talent for the next generation will deliver customers what they need: AI ready Managed Security with governance and SOC Protection wherever they are in the world". For more information please contact : For more information please contact Logicalis Team at Another Word Email: logicalis@anotherword.com logicalis@anotherword.com logicalis@anotherword.com Tel: 020 3176 0014 About Logicalis We are Architects of Change™. We help organisations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter. Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimise operations, reduce risk and empower employees. As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including; availability, user experience, security, economic performance and sustainability. Our 7000+ ‘Architects of Change’ are based in 30 territories around the globe, helping our 10,000+ clients across a range of industry sectors create sustainable outcomes through technology. Logicalis has annualised revenues of $1.7 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $5.1 billion.\ Contact Contact Katie Fraser ANOTHER WORD katie.fraser@anotherword.com 07908229152 This story was distributed as a release by Cyberwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Cyberwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Logicalis enhances global security services with the launch of Intelligent Security

, the integration of reporting and data visualization capabilities into existing software applications, is becoming a requirement across industries. It powers next-generation digital experiences that delight users and provide competitive differentiation for SaaS companies, but custom data models lie at the heart of any strong embedded analytics feature set. Embedded analytics However, delivering impactful and tailored analytics within applications introduces unique data modeling challenges, especially for software vendors with diverse customer bases. This blog post explains the immense value of custom data models in enabling flexible yet consistent embedded analytics, unlocking a multitude of benefits for both providers and their users. What is a Custom Data Model? A custom data model is an abstracted, logical representation of the diverse data structures, relationships, and semantics required to serve each customer or tenant using an application. Within multi-tenant software platforms, custom data models: Reflect individual tenant entities, attributes, metrics, and insights needs Standardize and map disparate data sources into an integrated view Govern how users interact with data through fine-grained security policies With custom data models, tenant analytics becomes truly customizable instead of one-size-fits-none. The Limits of One-Size-Fits-All Data Models These tools come with ready-made, generic data architectures that each and every customer is required to adapt to fit their needs. While this might sound appealing due to its supposed simplicity and ease of implementation, it comes at a cost. For example, popular solutions such as and , which are renowned for their internal analytics capabilities, resort to employing centralized and standardized schemas that impose severe restrictions when it comes to enabling users to tailor their analytics experience. Tableau QuickSight This restriction becomes apparent when users attempt to merge and integrate an assortment of data sources. Because of the inflexible nature of predefined data models, these users encounter significant obstacles along the way. They are compelled to force diverse and distinct data types and use cases into constrained and rigidly defined templates or frameworks. This act of shoehorning can often lead to inefficient and less optimal outcomes. Another area negatively impacted by this lack of flexibility involves the core systems themselves – particularly the functions related to roles and permissions. These essential components of an analytics platform are frequently entrenched in the system’s code. Such rigidity in role definition and permission allocation can stifle organizational workflows rather than streamline them. Limitations of Conventional Data Warehousing in Accommodating Multi-Tenant, Customizable Data Models Traditional data warehouse technology, which forms the backbone for embedded analytics within Software as a Service (SaaS) applications, often presents a host of limitations. These systems were not originally designed to handle the dynamic and varied needs that arise in multi-tenant environments where each tenant may have unique data structures and requirements. Rigid Architecture One key problem with legacy solutions is their inherently rigid architecture. This often results in a disjointed and compartmentalized approach to data management, where data is stored in separate silos, making it challenging to achieve a holistic view across customers or tenants. Consequently, when analytics are embedded into these SaaS applications, they are met with substantial customization barriers due to the inflexible nature of these warehouse solutions. Difficult Maintenance The hurdles continue to mount as SaaS engineering teams grapple with the increasing intricacies of tailoring storage solutions, ETL (Extract, Transform, Load) processes, and hardware infrastructure to meet the specific analytical requirements of product teams. They must navigate through the labyrinth of configuration without much guidance, leading to a significant amplification in complexity and resource commitment. Too Many Versions Further exacerbating the situation is the issue of “version sprawl.” As data warehouse providers update and improve their platforms, customers using older versions find themselves locked out from these advancements. They are left dealing with outdated systems that no longer align with the evolving functionalities provided by newer releases. The lack of backward compatibility or smooth migration paths means that they are stranded on these antiquated platforms, unable to leverage the innovation and enhancements offered by newer technologies. Lack of Focus on Semantic Models Another critical shortcoming of traditional warehouse technology is its negligible focus on semantic modeling. Semantic layers allow for the addition of business context to raw data, enabling users to interact with it in a more intuitive and meaningful way. However, most legacy data warehouses do not include native support for semantic layer capabilities, which are essential for implementing fine-grained access control, ensuring data governance, and managing metadata effectively. For multi-tenant software, where these aspects are paramount in maintaining the individuality and security of each tenant’s data environment, the absence of such features is a sizable deficiency. As a result, SaaS providers and their customers in need of embedded analytics face considerable challenges due to the shortcomings of these legacy systems. The Custom Data Modeling Imperative Without custom data models, even the most advanced analytics fail to deliver value, leading users to abandon platforms. Fortunately, purpose-built solutions overcoming legacy limitations have emerged, combining: Cloud elasticity and scalability Shared metadata catalogs Tenant-level and user-level data security controls Integrated governance guardrails Automations streamlining access Flexible deployment models Together, these capabilities empower tailored analytics aligned to customer needs – at any scale. Qrvey: The Only Complete Embedded Analytics Solution Qrvey makes self-service custom data modeling accessible for SaaS providers and tenants through integrated components of a comprehensive platform. At Qrvey, we know that you cannot have a strong analytic feature without first investing in the data layer. This is one of the primary reasons over the competition. why customers choose Qrvey Multi-Tenant Data Lake Qrvey consolidates diverse data into a high-performance . It handles immense varieties of structured, semi-structured, and unstructured data including streaming and batch data at any volume. multi-tenant data lake Qrvey’s platform includes security features as well at the tenant, user, and row/column level to ensure that the platform supports any security framework a SaaS platform implements. Tenants access shared data securely through isolated roles. Real-time visibility and direct interconnectivity preserve data integrity without movement as Qrvey is deployed into cloud environments like AWS VPCs. Cloud-Native Architecture , consumption-based deployment optimizes costs while infinitely scaling. Intuitive cloud services shrink operational overheads. Serverless software development In the old way of setting up servers, developers end up spending money on the system even if no one is using their apps. This can waste cash, especially when the number of people using the app goes up and down a lot. But with Serverless, developers only have to pay for the time their app’s features are actually running. Traditional BI software vendors operate in this server-based model that combines rigid data models with expensive and wasteful hosting costs. Orchestration Automation Qrvey automates orchestrating custom models, data integration, transformation, and lifecycle management. Qrvey leverages ML for automatic data profiling on ingestion to simplify the process of understanding data. Additionally, Qrvey includes the most comprehensive workflow automation solution amongst embedded analytics software providers. As an embeddable component, SaaS users can create customer automation specific to their requirements using those same custom data models in use for analytics and reporting. Embedded Data Management Companies use custom data models in different ways, but many Qrvey customers offer custom dataset creation within each tenant on a SaaS platform. As an embeddable widget or using the platform APIs, product leaders can allow users to select the specific data points they want and create custom datasets on the fly to use with specific reports. With Qrvey, SaaS providers readily grow recurring analytics revenue while delighting users with models tailored to their needs…without infrastructure or modeling complexity. The Core Competency Driving Success Legacy solutions failed to deliver custom data modeling capabilities, crippling multi-tenant analytics. Qrvey overcame these limitations through cloud agility, automation and purpose-built functionality that comes with thoroughly understanding the challenges of SaaS platform development. As embedded insights permeate workflows across industries, custom data model flexibility unlocks immense potential for providers and users seeking differentiated value via analytics-enabled applications. Through accessible, secure, and scalable custom modeling, Qrvey pioneers this new era of multi-tenant embedded analytics with infinite potential. Get Started with Embedded Analytics Built for SaaS See for yourself how Qrvey delivers on embedded analytics custom data modeling imperative missed by previous platforms. tailored to your multi-tenant analytics needs. Request a demo Also published . here

How Custom Data Models Drive Next-Generation Embedded Analytics

কিভাবে কাস্টম ডেটা মডেল নেক্সট-জেনারেশন এমবেডেড অ্যানালিটিক্স চালায়

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कस्टम डेटा मॉडल अगली पीढ़ी के एंबेडेड एनालिटिक्स को कैसे चलाते हैं

カスタム データ モデルが次世代の組み込み分析をどのように推進するか

맞춤형 데이터 모델이 차세대 임베디드 분석을 추진하는 방법

Como os modelos de dados personalizados impulsionam análises incorporadas de última geração

Как пользовательские модели данных способствуют внедрению встроенной аналитики нового поколения

Özel Veri Modelleri Yeni Nesil Yerleşik Analitiği Nasıl Destekler?

Cách mô hình dữ liệu tùy chỉnh thúc đẩy phân tích nhúng thế hệ tiếp theo

自定义数据模型如何推动下一代嵌入式分析

Hakuhodo Inc., in partnership with Mazda and Mitsubishi Estate, announces the Web3 Global Hackathon 2023, aiming to merge the future of driving with decentralized digital innovation and revitalize Tokyo's landscapes. The event invites global creators to design Web3 services that make driving a rewarding experience and turn urban spaces into connected communities. Driving the Future: Web3's Intersection with Automobiles and Urban Landscapes Decentralization Takes the Wheel: Unpacking Web3's Potent Influence on Tomorrow's World Web3 isn't just digital jargon; it's the horizon of a new digital era. This next internet iteration, with its foundation in blockchain, promises more than just virtual coins. It holds the key to reshaping our cities, transport, and everyday interactions in the digital age. Leading Tokyo's innovative charge is Hakuhodo Inc., an integrated marketing juggernaut, as it announces the second of its web3 hackathon series – Web3 Global Hackathon 2023 set to commence on September 30. This grand tech challenge, championed by HAKUHODO KEY3, comes to life in collaboration with Hiroshima's automobile giant, Mazda, and Tokyo's architectural stalwart, Mitsubishi Estate. When three titans of their respective industries come together, they're bound to create ripples. Through HAKUHODO KEY3, Hakuhodo merges the innovation-driven minds of Mazda and Mitsubishi Estate, setting the stage for their next groundbreaking hackathon. Drive & Thrive: Mazda's Vision of Enriching Every Journey. With "Drive to Earn, Use for Fun", Mazda invites participants to transform every drive into an adventure. Envision a world where your car isn't just a mode of transport, but an interactive entity. Using Web3, vehicles could become sources of entertainment, with potential rewards for drivers and passengers alike. Vested Interest Disclosure: This author is an independent contributor publishing via our brand-as-author program. Be it through direct compensation, media partnerships, or networking, the author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR For the uninitiated, web3 is the futuristic version of the internet, anchored by decentralized tech, including blockchains. But why does it matter? This next-generation digital landscape aims to immerse everyone in its fold, blurring the line between digital interactions and everyday life. Two key themes guide this hackathon: Drive to Earn, Use for Fun - Beyond just transportation, Mazda envisions an entertainment hub on wheels with web3 tech at its heart. Mazda's Vision: DAO Building in Tokyo - Revitalizing Tokyo's TOKYO TORCH district as a pulsating web3 city, promoting organic connections between its inhabitants. Mitsubishi Estate's Dream: Urban Evolution: Mitsubishi Estate's Blueprint for Tokyo's Metamorphosis. Mitsubishi Estate visualizes Tokyo's iconic Tokyo Torch district as more than just buildings and roads. They see an interactive hub where every corner buzzes with Web3's digital potential, turning urban spaces into vibrant, connected communities. Shape the Future:  Your Invitation to the Digital Frontier. The Web3 Global Hackathon 2023 isn't exclusive to tech wizards. Hakuhodo extends its invitation to global creators from diverse fields to craft the digital future. And with a rewarding prize pool in Astar tokens, innovation has never been more lucrative. Hackathon & Beyond: Seeding Today's Innovations for Tomorrow's Growth. It's not just about winning; it's about shaping the future. Beyond the accolades, winning teams have the opportunity to foster long-term collaborations, ensuring their innovations find a home in our daily lives. The Sei-katsu-sha Touch: Humanizing the Digital Wave. At its core, this hackathon strives to ensure the Web3 revolution touches every individual. Recognizing people for their unique lives and aspirations, the event is a nod to the "sei-katsu-sha" philosophy, underlining the importance of intertwining technology with human experience. Why Participate? Here's What's At Stake Participants have a chance to bag over 11 million yen in Astar tokens. And it's not just about the money. Winning teams get an opportunity for joint ventures and post-hackathon collaborations, bringing their innovations to life in the real world. Important Dates: - Kickoff: September 30 - North American Mazda Event: October 28 (Details to follow) - Submission Deadline: November 24, 23:59 JST - Final Pitch & Winners' Announcement: December 9 [Click here for the complete schedule and registration.] HAKUHODO KEY3 isn't settling for mediocrity. Their goal? To lead the world in pioneering web3 services by melding 'sei-katsu-sha' insights and boundless creativity. In essence, it's not just about technology; it's about enriching human experience. Get Involved! Engineers, creators, designers, and marketers – this is your chance to shape the future. Dive into this web3 frontier and craft the next wave of digital evolution. [ ] and be a part of this groundbreaking journey. Register now For more about HAKUHODO KEY3 and their ambitions, visit their [ ] official website Join us in this revolutionary journey, where the roads of imagination merge with the highways of technology, steering us towards an unprecedented future.

With Web3 Global Hackathon, Mazda Makes a Push For 'Drive-to-Earn'

Peer Inc. today announced the launch of a breakthrough social app which the company describes as the ultimate global launchpad for next-generation digital experiences. The Peer app, now available for iOS, is built on a proprietary ecosystem that promises to offer new ways to create, interact and explore. “All the world’s a game and Peer makes everyone a player,” said Tony Tran, CEO and Founder of Peer Inc. "Get ready for a new kind of social network that’s all about fun, joy, and gamification." Peer combines world-class location sharing with adaptive 3D maps and blockchain technology to give users a dynamic game-like experience of the real world. More importantly, users will soon be able to customize and share a map of their unique social world—a world made up of stories, memories, moments, friends, and experiences. Unlike conventional social networks, Peer is designed for discovery, community building, and other real-life activities. “This launch marks a major milestone for Peer Inc. and we’re just getting started,” explained Tran. “In the coming months, AI integration and other unique features in our roadmap are sure to spark a new era of global interconnectedness. Peer will be the only social network that truly puts the world in your hands.” Available for Download The Peer app is now available for iOS in the Apple App Store. The Android version of the app will be coming to the Google Play Store later this year. About Peer Inc. Peer Inc. is a technology company focused on building the future of social networking. Peer develops products that combine cutting-edge technologies including blockchain, artificial intelligence, and augmented reality to allow people to see, share, and interact in exciting new ways. To learn more about Peer Inc. and Peer’s ecosystem, please visit and follow us on Twitter . peer.inc @peernewworld Contact: Jonathan Ghent, jon@peer.inc. This story was distributed as a release by Chainwire under HackerNoon’s Brand As An Author Program. Learn more about the program here: https://business.hackernoon.com/brand-as-author

Join the Evolution: Peer 3D Social Network is Here

Únase a la evolución: la red social Peer 3D está aquí

Rejoignez l'évolution : le réseau social Peer 3D est arrivé

विकास में शामिल हों: पीयर 3डी सोशल नेटवर्क यहां है

進化に参加: Peer 3D ソーシャル ネットワークが登場

Junte-se à evolução: a rede social Peer 3D está aqui

Tham gia Evolution: Mạng xã hội 3D ngang hàng ở đây

加入进化：Peer 3D 社交网络就在这里

Introduction, or running ahead of the locomotive So, the about the connection between two DAOs showed that the topic of NFTs has not faded in the hearts of readers. Therefore, today we will try to delve deeper into the and uncover the most interesting vector of Web 3.0: the market of programmable assets and, in particular, NFT 2.0. first article forest How to absorb NFT new formats? I understand that not everyone is interested in an academic format as it can be tedious, boring, and lengthy. However, if you are a true , I recommend the following research on the topic (just in case?): netstalker : , , Opportunities & Challenges; Non-Fungible Token (NFT) Overview Evaluation — The Interactive NFTs; NFT 2.0 : Unlocking NFT Liquidity; MetaFi NFTs; Wrapped . A Deep Dive into the Financialization of NFTs; NFTs & DeFi to Wrapped NFTs; A Beginner’s Guide NFT 2.0?; What is of NFT 2.0; A Brief Overview : New Era of NFTs. NFT 2.0 Certainly! Now that you understand that the topic was not created by me, but has been researched by me for the past three years, let's dive deeper. Shall we? Let's do it! Projects Here are some projects that I was able to study before writing this text: Abacus, Arcade, Bailout, Bend DAO, Cally, Cardinal, Charged Particles, Drops, DAO Envelop, Floor DAO, Fuku, Hook, JPEG’d, JpeX, Meta block,s Mimicr,  Mnemonichq, Mycelium, Nested, Nextround, NFT2point, NFTembe,  NFTfi, NFTftrade, NFTperp, NFTx, NIFTY, Options, OpenLand, Opensky, Optic.xyz, PartyBid, Putty, reNFT, Reservoir, Rmrk.app, Solv protocol, Spicy, Stater, SudoSwap, Swap.net, Taker, Themis, Theos, Triber3, TrustNFT, UpShot,  Vinci, YAWWW. "In total, over the course of three years, there have been more than 50 such projects. And I present this list to you for one purpose, so that you can finally understand that this is indeed a , not just a collection of thoughts on the subject. Well, knowing this, let's try to answer the first important question: "what types of NFT 2.0 are there?" Shall we try? Easily! trend NFT 2.0 types It seems that all the articles listed above lack depth and detail in terms of practicality, and therefore realism. Shall we try to fill this gap? Yes, of course! The following terms can be considered as general (collective): (sometimes mixed with NFT 1.5, such as financial NFTs); NFT 2.0 (although sometimes a subset called dNFTs is understood under this term); Interactive NFTs (there is also no standardized approach here); Smart NFTs ; NFTs Programmable There are also a number of rarer categories. There are also several other less common categories. Of course, this list will be open-ended, but here is a list that appears in the overwhelming majority of research, which tries to divide NFTs by functionality: Fractionalization (Fractional, Unic.ly, NFT20, etc.); Landing (TrustNFT, BendDAO, JPEG'd, etc.); Indexes (Envelop, NFTx, BridgeSplit, Index, etc.); Investment DAOs (The LAO, Flamingo, Palm, Pleasr, etc.); Marketplaces (OpenSea, Rarible, Gem, etc.); Derivatives (Envelop, Fuku, Putty, Nifty Options, etc.); Financial NFTs (Axie, Sandbox, StepN, etc.); Rental (Unitbox, Rentable, Prom, reNFT, etc.); Pricing (UpShot, Taker, SudoSwap, etc.); Analytics (Dune, NFTgo, Nansen, etc.) The problem with this approach is that it mixes NFT 1.0 (on OpenSea, for example), NFT 1.5 (NFTx), and NFT 2.0 (Envelop, JPEG'd, etc.) together. Moreover, there are many projects that will always be at the intersection of these categories: . example Let's try to categorize specifically NFT 2.0. Dynamic NFT (dNF) Example: . chain.link/education-hub/dynamic-nft-use-cases Many GameFi projects are developing this type of NFT (such as through controlled smart contract updates, through NFT rental cycles across different services, and so on), but the most interesting vector appears to be at Chainlink: verifiable data change is crucial for industries such as weather forecasting or insurance, and even more so if they are combined. SharkRace Unitbox Therefore, the essence of dynamic NFTs can be defined as follows: these are NFTs whose metadata can change depending on external (or occasionally internal) conditions. There are several types of dynamic NFTs: Sports-related: The Association; LaMelo Ball; Art-related: Jackson NFT; ; Ogcrystals ; Botanicatrees NFTofDAY; Game-related: Aavegotchi; SharkRace; Major League Baseball (MLB) Real-world sector: The Eternal Pump; Regenerative Resources (RRC); Gold Change NFT; Many others. However, a more nuanced categorization of dNFTs can be based on a deeper basis: , where metadata changes through an oracle (Chainlink and its analogs) dNFT , where metadata changes through joint creation and multisig signing (NFTof.day); cNFT , where metadata affects gameplay and changes on-chain rather than off-chain entities. gdNFT As for , these are so-called "community NFTs" that are created gradually and by different actors, and then changes are sent to the blockchain. This is a kind of synthetic act of creation. cNFT In this sense, the evolution from static NFTs (sNFT) to dynamic ones (dNFT) can be achieved in several ways: through cNFT; through changeable metadata (including with Verifiable Randomness Function (VRF)); by adjusting smart contract variables (SharkRace). So, a (dNFT), or a "living NFT", is an NFT that can change depending on external conditions. In the static NFT model, each NFT can be distinguished from another using a single token identifier and a unique contract address. Metadata, such as images, video files, or other data, can be attached to it, which means that you can own a token that represents a unique digital object. dynamic NFT If you want to learn more about dNFTs, I recommend this and this , or alternatively, this “ . Let's keep going! article supplement ” material Wrapped NFT (wNFT) Despite the fact that different projects call these NFTs differently, it is still worth acknowledging that they all have the same essence in the process: by wrapping interchangeable tokens and/or coins, as well as other NFTs, assets of a completely different order are created. And the term "wrapping" should be strictly technical and organizational, as we all know: wBTC as a custodial solution for transferring BTC to the Ethereum network; Wrapped assets of first-generation cross-chain bridges; Various derivatives created using this technology; Other assets. Among the projects that specifically create wNFTs, I would highlight: (2020 - idea, 2021 - MVP, 2022 - release); DAO Envelop (2020, 2021, 2022); Charge Particles (2021-2023). Solv Finance It should be noted that the emergence of these small projects has influenced much older and larger services, such as Rarible, which since June 2021 has from an NFT marketplace to a protocol; AAVE has tested its approach to programmable assets; and even in the Ethereum ecosystem, the standard was born. Not to mention much initiatives (but no less at the same time). requalified ERC-3525 smaller important Initially, is the process by which a token is locked on the blockchain through a smart contract, and its equivalent is "recreated" on the destination blockchain. is the replacement of one set of token interaction standards with another set. wrapping Token wrapping As for (wrapped NFTs), these are modernized NFTs with extended functional capabilities such as economic setting, on-chain royalties, rental mechanism, time/cost/event locking, protection against devaluation, and . wNFTs fraud protection system Hence, I call wNFTs - NFT 2.0, because this approach seeks to change the principles and rules of fundraising in particular and some other industries as a whole. An example of a general explanation. Approaches related to wrapping are generally similar, although details can always be distinguished: №01, №02, №03. And on these examples, we clearly do not finish, but we need to take one more step. Forward! example example example Financial NFT (fNFT) This passage discusses financial NFTs, which can be classified as both NFT 1.5 and 2.0 depending on their usage: If NFTs are used as collateral for services, then they fall under the 1.5 category, whereas if they are programmable to create innovative practices, then they are considered 2.0. NFTs are an improved version of NFTs with a new token standard that allows for multidimensional asset attributes to be expressed in token form. Financial Several projects have used NFTs in financial applications, such as for fixed-rate lending, for insurance token coverage, and NIFTEX for financing NFTs using ERC-20. The most well-known implementation of financial NFTs is probably the LP token of Uniswap v3, which allows for transferring NFTs with liquidity, high trading ranges, and uncollected fees, making it easier and also providing protection against vampire mining. 88mph Armor Finance pre-embedded encompasses fractionalization, lending markets, investment DAOs, derivatives, and pricing, among other things. This market is evolving rapidly and has a lot of potential. For instance, the growth of lending markets that utilize NFT mechanics has led Uniswap to enter into negotiations with leading NFT protocols for loans and credits in 2022. NFT x DeFi The reasons are: , the obvious conclusion is that evolution is inevitable. Firstly , we can move from a general statement to specifics: for example, the gradual growth of credit markets involving various NFT mechanics has led, in particular, to Uniswap starting negotiations with leading NFT protocols for loans/credit in 2022 (see ). Secondly link From here, we can discover an obvious discrepancy in indicators. What kind? I will show it now. Let's compare : Graph №01 Where we see a clear increase in the "Utility" category. And in this case, the priority remains explicitly with another category, namely, "PFP", which indicates a discrepancy between existing (widely accepted) and emerging (unnoticed) trends. The data can be verified at this link: . nftgo.io/analytics/market-overview But the question is becoming increasingly irrelevant. A lively and innovative sub-market, known as ( + ), emerged around NFT financing - regardless of how creators want to classify the nature of their projects. NFTFi Non-fungible-token Finance It is hardly surprising that such a market has emerged. In 2021, the trading volume on the NFT market was $17.6 billion. This is a staggering 27% of the sales volume in the world's traditional art markets ($65B) in the same year. You know what happened next. But there is something that not everyone pays attention to. For example, one can imagine that NFTFi is . It allows for more efficient forms of NFT trading - from swapping, hedging, fractionalization, and valuation - to full-fledged, automated rentals. simply DeFi applied to NFT Let's look at the largest sub-sectors in NFTFi: loans/credits. Financial applications and tools have emerged on the market that address NFT issues aimed at increasing and improving certainty in asset pricing, as well as improving the use of funds on NFT markets by combining NFTs and other finances to create a better user experience on the NFT market, collectively referred to as " ". liquidity dAPPs NFTfi Until 2022, almost nothing was heard about NFT lending/borrowing, but it gradually began to appear in conversations. There are two main ways of NFT lending/borrowing: P2P (peer to peer) and P2Pool (peer to pool). Representatives here include protocols such as and . They differ in transaction frequency, volume, and price discovery efficiency, but these are details. The main thing is that the overall market is still relatively small compared to the market for interchangeable tokens. And coins. NFTfi BendDAO Current NFT lending/borrowing remains in the realm of "blue chips"; as for low- and mid-level NFTs, they have not yet gained wide recognition in the market due and . to high price volatility the lack of oracles In short, NFTs are becoming suitable for various financial instruments such as collateral, staking, and leverage for exchange tokens or stocks. And? In the future, when the accumulation of historical trading prices gradually complements the NFT quotation mechanism, the NFT market will become more liquid than ever. \But a couple of important theses are still to come. NFT-based lending The Rocket LP DAO cryptocurrency lending platform once issued a loan secured by the brantly.eth domain name of the Ethereum Name Service (ENS). In turn, the press service of the NFT marketplace X2Y2 announced that from October 9, 2022, users could use their own NFT digital collectibles as collateral to borrow Ethereum (ETH) from other lenders. And do you know what all this is about? That the lending market in the DeFi segment will never be the same again. Interesting? Then here are three more articles: , , . one two three But this market is not the only one going through harsh turbulence. What else? You will find out now! Royalties 2.0 Creators of Ethereum-based NFT collections have earned over $1.8 billion in royalties. Impressive, right? By the time this article is published, the figure will likely be even higher. But if a billion dollars doesn't impress you, then there's not much that can. At the time when the staggering sum of $1,800,000,000 was reached, just 10 organizations accounted for 27% of all royalties earned, while 482 NFT collections accounted earned at that time. for 80% of all royalties Since then, much has changed. The DeGods ecosystem removed royalties from all of its affiliated NFT collections (DeGods, y00ts), even though DeGods founder Frank had defended royalties on Twitter and still believes that royalties are between operators and holders of NFT collections. the best mechanism for aligning incentives Fast-forward to 2023 and the showdown between . Interesting, right? OpenSea and Blur "Some marketplaces have also changed their royalty payouts (or removed them), for example, x2y2, while the largest marketplace, OpenSea, has not". First of all, now everyone is following suit. In addition, the largest Solana NFT marketplace, Magic Eden, made a controversial move by making all royalties on its platform completely optional. Magic Eden's latest move to eradicate royalties is especially noteworthy given that they announced MetaShield, a controversial tool aimed at improving royalty control, back in September 2022. Royalty supporters are worried that normalizing their removal will return the NFT space to the dark ages of traditional creator structures, as happened with Van Gogh. incentivization On the other hand, opponents of royalties claim that mechanisms for compulsory collection are impossible on a chain without serious compromises, which negate many of the advantages of blockchain. permissionless If you're interested, I recommend reading this . And as for us, let's move on! thread Fractionalization There are quite a few services here: Fractional.Art, Teller, and . But personally, I'm interested in why so many are focused on a special feature (fractionalizing indivisible assets), when in reality, it's just a small spectrum of the possibilities of NFT 2.0 as a whole. others Rent There are two fundamentally different vectors: Renting through (w)NFT; Renting actual NFTs. These processes are interconnected but can still be separated as distinct. Prom & Unitox, for example, offer similar but different approaches to solving the integration of these processes. In turn, BendDAO and JPED'd have implemented an efficient liquidity model called "peer-to-pool", which connects supply and demand in a customizable liquidity pool, eliminating the need to make bids and wait for requests. Another example is Cyan, the largest and brightest BNPL protocol. Additional information can be found , , or even . But the furthest in the connection of these mechanics is Unitbox - a project based on the DAO Envelop . here here here protocol And what about us? Let's try to combine all the ingredients together and the NFT 2.0 . taste dish NFT 2.0 as understood by ChatGPT Of course I couldn't help but give the floor to one of the protagonists of the start of 2023. Here's what he thinks of NFT 2.0. NFT 2.0" is not an established or standardized term within the NFT (Non-Fungible Token) space, and there is no widely accepted definition of what it encompasses. However, it generally refers to new and innovative developments in the NFT ecosystem that aim to improve the technology and user experience. Some possible features that could be included in an NFT 2.0 include: Interoperability: The ability for NFTs to interact with each other and other blockchain-based assets, allowing for more complex and integrated applications. Programmability: The ability for NFTs to have embedded functionality, enabling them to perform specific actions or operations when triggered. Sustainability: The ability for NFTs to have a smaller environmental impact, through the use of more energy-efficient or carbon-neutral technologies. Decentralization: The ability for NFTs to be more decentralized, removing the need for centralized authorities or intermediaries. Fractionalization: The ability for NFTs to be divided into smaller parts, allowing for greater accessibility and liquidity. Dynamic and Adaptive properties: The ability for NFTs to change or evolve over time, through smart contracts that allow for dynamic or adaptive properties. It's worth noting that these features are not exclusive to an "NFT 2.0" and many are already being developed and implemented by various NFT projects and platforms. NFT technology is still evolving rapidly, and new features and innovations are likely to emerge as the ecosystem continues to grow and mature. Problems Does this market have problems? Plenty. Firstly, there are standards: what we call them are not actually standards (take this or this , or many others). Secondly, there are no leaders, which is good for business, but for the user... they will have to make an effort not just to understand the trends, but also to "taste them" in practice. Finally, there is a lot of chaff in this market, connecting hype with hype (insignificant NFT collections with liquid markets... tokens that are of little use to anyone, for example). example one But none of these problems is evidence that the market will not continue to develop. Rather, they are a consequence of the of this sphere. evolution Outlook I can't tell you about all the vectors in this article, so I've chosen the ones that are closest to me. Unstoppable NFT Now there are already solutions ( ) where NFT connects with decentralized, tokenized storage, but it is much more interesting when the programmable NFT itself pays for storage of its metadata for IPFS/SWARM and other nodes. So far the solutions require oracle and centralization, but I believe the next 2-3 years will see a move towards decentralization. example ОТС Not using such solutions for trading is strange: the secondary market for tokens is highly in demand and reaches tens of billions of dollars, but there are -fledged solutions yet, and funds are quite conservative in their practices, so here too we will have to wait for at least 2-3, or even 4-5 years. OTC not so many full ZKP For me, this is probably the most promising direction, as bridge hacks (Wormhole, Allbridge, Binance Hub, etc.) and CEXs are all about liquidity centralization, and achieving its normal decentralization can be done through -NFTs, which require different approaches: both oracle software and oracle (humans), and improvements to existing concepts. cross verifiers Add in and you get a lot of interesting things. By the way, if this topic turns out to be in demand, I'll talk about it, but for now that's all. cross/multi-chain mechanics Bye!

NFT 2.0: the Era of Programmable Assets

Moonshot Commons, a global Generation-Z Web3 builder community backed by 10+ top-tier investors, successfully concluded its winter hackathon themed “Rethink, Restate, and Recharge.” The winter hackathon was the 7th Hackathon that Moonshot Commons has hosted, as the Web3 builder community celebrates its second anniversary in January. Speaking on the occasion, the founding team said, “even amidst crypto winter, Moonshot is still determined to support smart, scrappy, and globally-minded builders, founders, and researchers in the crypto space.” More than 1000 participants, in 216 teams, building in fields such as infrastructure, SocialFi, open finance, and DAO tooling responded, resulting in 22 projects being crowned and demo-ed their projects to 50+ participating VCs and receiving credits and prizes from sponsors and partners like , , , , , , and . All of them also have the opportunity to receive post-hackathon incubation support as batch 5 members of Moonshot’s founder community. KCC Mask Network Mirror World Chainbase Signum Capital UOB Vnetures AWS From Team Selection to Apollo Demo Day The Hackathon was conducted in three weeks - from Dec. 19, 2022, to Jan. 9, 2023. Starting with opening addresses from speakers including partner Xing Liu, CEO Evan Shapiro, Professor Kani Chen, and Founder Suji during the event inauguration, hackers were provided with “closed-door workshops” led by industry mentors, cohort office hours organized by Moonshot community members, and personalized pitch preparation sessions supported by top-tier investors. On Jan. 14, 2023, 22 teams were selected to enter the final battlefield “Apollo Demo Day” and showcased their creativity and innovation to 50+ VCs, funds, and media companies from across the globe. Sequoia China Mina Protocol HKUST Mask Network Unlike many hackathons which are usually backed by a single sponsor and require hackers to only build on the sponsored network, Moonshot's biannual hackathons aim to provide an open platform for Web3 project development and thus do not limit participants to a specific chain. The founding team believes that it is far more important to onboard the next generation of developers to the Web3 world rather than fight over which chain they build on or which solution they adopt to accelerate project growth. Kevin, the Founder of Moonshot Commons, expands upon the team’s vision to Hackernoon: “According to a , the number of monthly active Web3 developers reached over 23,300 as of December 2022, compared to over 20 million Web2 developers in the world. Through our hackathons and other initiatives, we want to break down the barriers for Web2 developers and establish Moonshot as the gateway to the Web3 world.” Jan. 16 report from Electric Capital One way that Moonshot supports participating projects is by hosting “closed-door workshops” led by industry mentors. This winter, Moonshot saw strong and active engagement from its founder community and brought 30 of them to interact with fellow hackers live. Sample topics and speakers include: “Cold start and GTM strategies for Web3 applications” by Founder Charles Galxe “Product design of Web3 decentralized application layer” by Founder Chess Quest3 “Opportunities and applications of zero-knowledge proof” by Co-Founder Victor Manta Network “The future and opportunities of the Move ecosystem” by Founder Wendy Momentum Safe “The spread of Web3 innovation in a decentralized world” by Founder Wu Xiao ChainIDE “Web3 community building and marketing promotion” by Founder Wilson Cyberconnect Following three weeks of intense hacking, learning, and networking, Moonshot’s “Apollo Demo Day” took place on Jan. 14, 2023. The event featured an opening address by Hash Global founder KK and a closing address by ByteTrade founder Dr. Lu, in addition to active participation and live Q&A from representatives of 50+ VCs including Sequoia China, , , , , and . HashKey Zhen Fund IOSG Matrix Partners China Redpoint Ventures Meet the Top Project Teams These 22 teams emerged victorious: an NFT-gated messaging app Chataverse: a UGC platform that combines 3D and AI, allowing users to create, share, and monetize virtual environments and AR decorations with ease ST World (System Terminal): a decentralized organization and community management tool based on the ENS subdomain Org3: a decentralized crowdfunding ecosystem governed by $KOM token Kommunitas: a decentralized open science community powered by blockchain and AI Symposium Lab: a decentralized NFT AMM, enabling instant NFT swaps and better price discovery Ladder Protocol: privacy-focused zkVM for developers Eigen Network: a Machine-Fi fitness-to-earn application project Caldance: helps Web3 builders create user-owned professional identities and warm intro networks using SBTs and verifiable credentials Lewk: a decentralized Web3 metaphysics platform Ascendant Network: a decentralized NFT marketplace that supports leverage trading, Share2Earn, and Play2Earn Winner: a next-generation on-chain podcasting platform that aims to make the spread and evolution of ‘sound civilization’ more free and diverse xCast: Kindle in the Web3 era - come to The Reader and invest in the next “The Three-Body Problem” The Reader: easy-to-use next-generation digital wallet ZK MPC Wallet: trust-worthy and security measurement platform for Web3 projects Descrypto: a Web3 intelligent investment research community MemeBook: : a Web3 marketing and loyalty management platform based on account abstraction and brand NFT Tristan Alliance brings beverage brands and consumers together via NFTs with gamification and socialization features to build a digital community centered around beverages DrinkUP: : provides gamers with a high-quality decentralized game social open platform to help game producers gather players and users Gameland a disruptive way to interact with an array of Web3 Defi dapps Avault: an SBT-based open social network Discoverse: provide users with clear and transparent dealmaking derivatives trading Scale Protocol: a non-ownership-transferred, collateral-free, protocol Ghost NFT: allows anyone to send subjective, relational, or programmable SBT based on social layer protocol Solas: Find details about all Moonshot Commons’ 2022 Winter Hackathon winners and their video pitches in the . If interested in any of the projects above, please fill out this or reach out to to be connected. pamphlet Typeform founders@moonshotcommons.com About Moonshot Commons , based in Hong Kong, Singapore, and New York, we’re a global Gen Z Web3 builder community backed by HashKey Capital, ChainIDE, Mask Network, Hash Global, Zhen Fund, and more. Within two years, our founders raised over $100 million from VCs — with many more launching soon. Moonshot Commons

Hackers Shine: Moonshot Commons Web3 Hackathon Concludes Successfully

Hackers Shine: Moonshot Commons Web3 Hackathon concluye con éxito

Les pirates brillent : le hackathon Moonshot Commons Web3 se termine avec succès

हैकर्स शाइन: मूनशॉट कॉमन्स वेब3 हैकथॉन सफलतापूर्वक संपन्न हुआ

Hackers Shine: Moonshot Commons Web3 Hackathon が成功裏に終了

Hackers brilham: Moonshot Commons Web3 Hackathon conclui com sucesso

Hackers Shine: Moonshot Commons Web3 Hackathon kết thúc thành công

黑客大放异彩：Moonshot Commons Web3 黑客马拉松圆满结束

(Image credits: A Golden Bear Market by Anndy Lian) The value of a cryptocurrency can be influenced by various factors, including news about the cryptocurrency and its underlying technology, government regulations, and overall market conditions. The market can also be influenced by investor sentiment, which can be affected by a wide range of events. There are many different types of investments in the cryptocurrency space, and the popular specific investments can vary over time. In general, some of the most popular types of cryptocurrency investments include: Bitcoin is a decentralized cryptocurrency that was the first of its kind. It is often considered a store of value and is widely recognized and accepted as a form of payment. Bitcoin: Ethereum is a decentralized platform that runs smart contracts, which are applications that execute automatically when certain conditions are met. It is also used as a platform for building decentralized applications (dApps). Ethereum: DeFi refers to financial applications built on the blockchain and decentralized, meaning that they are not controlled by a single entity. DeFi tokens are often used to access or participate in these applications. Decentralized finance (DeFi) tokens: Security tokens are digital assets representing ownership in an asset, such as a company or real estate. They are subject to federal securities laws and are often issued through initial coin offerings (ICOs). Security tokens: Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar, to reduce price volatility. Stablecoins: There are many different investment theses for cryptocurrencies. Some people believe that cryptocurrencies have the potential to replace traditional fiat currencies. In contrast, others think they will be used primarily as a store of value or a means of exchange. Still, others believe that the underlying blockchain technology has the potential to revolutionize a wide range of industries, from supply chain management to identity verification. These Are Some Specific Investment Theses for Cryptocurrencies: Some people believe that cryptocurrencies will eventually be used as a primary means of exchange, replacing traditional fiat currencies. The use of cryptocurrency as a means of exchange: Some people believe that cryptocurrencies will eventually be used as a store of value, similar to gold. The store of value thesis: Some people believe that the underlying blockchain technology has the potential to revolutionize a wide range of industries and that investing in cryptocurrencies is a way to get in on the ground floor of this technological revolution. The blockchain revolution thesis: Some people believe that the price of a cryptocurrency will continue to go up as long as someone is willing to buy it at a higher price, even if there is no intrinsic value to the cryptocurrency. This is sometimes referred to as the "greater fool" theory of investing. The "greater fool" theory: Venture capitalists (VCs) are investors who provide capital to early-stage companies in exchange for equity ownership. In the cryptocurrency space and especially after witnessing the fall of FTX, many VCs have started to be interested in investing in companies that are working on infrastructure and applications for the blockchain, rather than investing directly in cryptocurrencies themselves. Some Specific Areas of Interest for VCs in the Cryptocurrency Space. VCs have invested in companies working on building out the infrastructure for the blockchain, such as companies that are developing new consensus algorithms or building out decentralized storage solutions. Blockchain infrastructure: New blockchains get good support too. Shardeum is the world's first EVM (Ethereum Virtual Machine)-based sharded blockchain mainnet. With dynamic state sharding technology, the blockchain can linearly scale and increase TPS (transaction per second) with every node added to the network. The network can maintain low gas fees indefinitely. It was co-founded by Nischal Shetty, a co-founder of WazirX, India's largest crypto exchange by trading volume. They have raised $18.2 million in a seed funding round from more than 50 investors, including Jane Street and The Spartan Group joined this seed round along with Wemade and others. Web3, also known as Web 3.0, is the next iteration of the World Wide Web, and it is built on blockchain technology. It is designed to be more decentralized, secure, and open than the current Web. Web3 solutions: VCs are looking for projects that align with the core principles of Web3 and have the potential to drive its adoption and growth. This is another rising trend. The Venom Foundation, a Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM-regulated investment manager, have announced a partnership to launch the Venom Ventures Fund (VVF), a $1 billion venture fund. The fund aims to invest in innovative protocols and Web3 dApps, focusing on long-term trends such as payments, asset management, DeFi, banking services, and GameFi. The VVF will be blockchain-agnostic, meaning it will not be limited to any specific blockchain and will invest in projects based on their potential regardless of the underlying blockchain. The fund aims to become the leading supporter of next-generation digital technologies and entrepreneurs. I noted that the VCs in my network are also looking at blockchain applications. VCs have also invested in companies that are using the blockchain to build new applications, such as supply chain management platforms, decentralized finance (DeFi) platforms, and decentralized identity solutions. Interoperability and cross-chain solutions, for example, aim to enable different blockchain networks to communicate and interact with each other and are also one of the top investment choices. When I showed this article to some of my friends before publishing, they asked me why didn't VCs consider investing in crypto exchanges. The truth is that most of the VCs who understand how the crypto market works would know that exchanges are facing tremendous stress from the regulators. Having a license does not necessarily mean good, honestly. There are new travel rules that will tighten how crypto moves. The new rules may even force DEXs to new unknown territories where the realization of profits can be deemed a nuisance for many investors. The older existing exchanges usually have very high operating costs, overspending habits on marketing, sponsorships, and staffing. Moreover, the valuation is way too high for a good entry point, in my humble opinion. Therefore, I believe investing in blockchain infrastructure and applications will support the development and growth of the cryptocurrency ecosystem and potentially generate more sustainable returns for its investors in this bear run. It is also important to note that VC investment in the cryptocurrency space is just one aspect of the broader cryptocurrency ecosystem. There are many other types of investors, such as hedge funds, family offices, and individual investors, who may have different investment theses and strategies. Having said this, there are still many opportunities in this volatile market. I commented in the yesterday, “Gold may be a safe haven”, but there were many other [crypto] opportunities elsewhere for investors “to profit from price fluctuations.” South China Morning Post Take a recent market movement, for example. A fellow investor in Singapore reacted quickly to short bitcoin after the US report of 6.5% CPI inflation. He made money. During the same week, he noted that the resistance level had hit its low and would bounce upward soon. He injected another $10m to long it. Bitcoin went over $21,000. He made money again. And when he heard rumors that PBOC might start to print more money as a stimulus, he sold his crypto holdings into Chinese A-shares as he saw a higher upside in the longer run. As a licensed fund manager and a VC myself for over a decade, this is my humble note to all. "Believe in the underlying technology, aim for community growth and ride on the right waves for the best crypto returns."- Anndy Lian. Not financial advice, of course.

What Are Crypto Venture Capitalists (VCs) Investing in This Bearish Market?

What is digital forensics in forensic science? Digital forensics plays a major role in forensic science. It’s a combination of people, process, technology, and law. Some notable methodologies are used to identify, collect, protect, preserve, analyze, extract, incident activity, recovery, and document a digital evidence report as per regional and international jurisdictions where the cybercrime occurred. Throughout the investigation data acquisition, data analysis, data integrity, data extraction, and reporting play a crucial role in the process. The digital forensic industrial practices and services vary from one region to other regions across the globe. In 2012, ISO (the International Organization for Standardization) and IEC (the International Electrotechnical Commission) launched an for Guidelines for identification, collection, acquisition, and preservation of digital evidence. Since then, different organizations frame their policies and implement them based on the Codes of Practice and Conduct for digital Forensic standards. There are some other notable used in practice, such as for and , and standards for conducting a conformity assessment on the evidence. ISO/IEC 27037:2012 common framework ISO/IEC frameworks ISO/IEC 17025 digital testing laboratory setup ISO/IEC 17020:2012 There are several branches in digital forensics that play an active role in cybercrime divisions. As per ISO/IEC 27037 framework, the examiner should adhere to the use of tools validated  by the body. Data Acquisition, Data Validation and verification (V&V), Evidence Extraction, Data Reconstruction, and Documentation. There are many open-source and proprietary Digital Forensics Tools available in the market such as the Sleuth Kit, FTK Imager, Xplico, osForensics, Winhex, etc., What is NIST definition of digital forensics? Digital forensics is used to identify, collect, protect, preserve, analyze, extract, incident activity, recovery, and document a digital evidence report for cybercrime activities on the victim and criminal offender’s evidence for legal liabilities, civil, administrative, and criminal proceedings. Digital forensic investigation is carried out by law enforcement, and individual and private entities. Throughout the investigation data acquisition, data analysis, data integrity, data extraction, and reporting play a crucial role in the process. The key characteristics that one should possess to become a successful digital forensics examiner? Anything comes to your mind now? In the digital forensic field, the roles and responsibilities of a forensic practitioner adhere to the digital service delivery of cybercrimes, security incidents, and other related crimes. This role required several skill sets to achieve high-level forensics examiner experience in capturing, analyzing, and extracting the digital data from the evidence. The following skill sets are requisite to be a forensic practitioner. ✓Investigative strategy ✓Education and experience in Information technology, Cybersecurity, cybercrime, and forensics field. ✓Existing and new forensic Tools and Techniques (T&T). ✓Laws and Industry regulations knowledge. ✓Industry practices. ✓Ethics in professionalism. ✓Emotional intelligence. ✓Competent and problem-solving. ✓Professional certifications in Cybersecurity, digital forensics, and hacking. ✓Subject-matter expert (SME) to the team. ✓Chain of custody. ✓Communications skills. Introduction: Since the formation of intellectual property rights. The main purpose and objectives vary from country to country across the globe with consideration such as types are patents, copyrights, trademarks, and trade secrets etc., Our main investigational focus is to examine a USB drive belonging to an employee who left the company and now works for a competitor. Investigation and Development Procedures: To conduct internal digital investigations and forensics examinations on company computing systems. Our main investigational focus is to examine a USB drive belonging to an employee who left the company and now works for a competitor. We have received additional instructions with the keyword “ ” to look for the documents in the USB drive. In this section, we examine the USB drive that might relate to this case. All the required procedures such as i various operations are documented with , it’s an open-source tool . confidential to identify any evidentiary artefacts dentifying, analyzing, investigating, developing, and testing Autopsy [1] Hands-On Project 1/Hands-On Project 2/Hands-On Project 3 Assessment Scope: The assessment scope of the Digital forensic investigations for this case is as follows: To analyze the digital media with respect to the evidence on Company proprietary materials. Giggig Tech To capture a disk image using “Access Data FTK Imager Lite” for digital forensic investigations. To analyze the USB to discover evidence related to M57 Patent Case. To discover the metadata using WinHex editor. To explore different types of File Headers. Hands-On Project 1–3 First, Open the “Autopsy tool” Home screen window on your PC. As shown in Figure 1. Step 1: Start Autopsy for Windows and click the icon. In the New Case Information window, enter in the Case Name text box. Step 2: Create New Case C1Prj01 ![Figure 2. To create a new case and choose the working directory. ](https://cdn.hackernoon.com/images/-jtd3jl1.png) Now, Click next to the Base Directory text box. Navigate to and click your work folder, and then click . Step 3: Browse Next In the Select Data Source window, click the list arrow, and click . Click the button next to the “Browse for an image file” text box, navigate to and click your work folder and the file, and then click . Click . In the Configure Ingest Modules window, click . Click and then . Step 4: Select data source type Disk Image or VM file Browse C1Prj01.E01 Open Next Select All Next Finish ![Figure 4. To add a source and source type information’s. ](https://cdn.hackernoon.com/images/-ijf3jia.png) ![Figure 5. Data source added to the database. ](https://cdn.hackernoon.com/images/-9eg3jjl.png) In the Tree Viewer pane, expand , , , and . We examine each subfolder under the Tree pane section to determine which folder might contain to this case. Step 5: Views File Types By Extension Documents files of interest If you found any files related to the case, select the files as a group, right-click the selection, and click . In the Save dialogue box, click to save the files automatically in Autopsy’s case subfolder: \Chap01\Projects\C1Prj01\Export. Step 6: Extract File(s) Save Work Write a short report of no more than one paragraph in the report, including facts from any content you found. When you’re finished, leave Autopsy running if you’re continuing to the next project. Step 7 Conclusion: In this USB investigation case, we identified and analyzed the seized USB drive for any potential breakthrough in this case. As a result, we successfully extracted the two files (one text file and one Excel sheet). Based on the extracted files from Autopsy, we identified Sylvia left a suicide note as shown in Figure 8. Furthermore, in Figure 9, an Excel sheet briefs about the asset auditing information. Sylvia’s life insurance is valued at $1 million set along with the rest of the assets. That concludes this case is related to a possible murder by her boyfriend to claim the insurance and other assets as a partner. Hands-On Project 2–2 Investigation and Development Procedures: To conduct internal digital investigations and forensics examinations on company computing systems. Our main investigational focus is to examine a USB drive belonging to an employee who left the company and now works for a competitor. We have received additional instructions with the keyword “confidential” to look for the documents in the USB drive. In this section, we examine the USB drive to identify any evidentiary artefacts that might relate to this case. First, Open the “Autopsy tool” Home screen window on your PC. As shown in Figure 1. Step 1: Special Note: Please, refer to Hands-on project 1–2, and repeat the same procedures from step2 to step5. To create, browse, select folders and create a workspace, procedures are similar to Hands-on project 2–2. Click the button at the far upper right, type “confidential” in the text box, and then click . Step 6: Keyword Search Search In the Result Viewer pane, a new tab named opens. Click each file to view its contents in the Content Viewer pane. Step 7: Keyword search 1 to select the files in the Keyword search 1 tab. Right-click this selection, point to , and click . In the Create Tag dialogue box, click the button, type in the Tag Name text box, and then click . Step 8: Ctrl + right-click Tag File Tag and Comment New Tag Name Recovered Office Documents OK In the Create Tag dialogue box, click the button, type in the Tag Name text box, and then click . New Tag Name Recovered Office Documents OK Click at the top. In the Generate Report window, click the option button in the Report Modules section, and then click . Step 9: Generate Report Results — Excel Next In the Configure Artefacts Report window, click the button, click the check box, and then click . Step 10: Tagged Results Recovered Office Documents Finish In the Report Generation Progress Complete window, click the pathname to open the Excel report. This Excel file should have several tabs of information about the files you tagged for this project. Step 11: Results — Excel Write a memo to Ms. Jones, including facts from any content you found, make sure to list the filenames where you found a hit for the keyword. List the cluster numbers for hits that occurred in unallocated space. Include the Excel spreadsheet with the report. Step 12: Conclusion: In this USB investigation case, we identified, and analyzed the seized USB drive for any potential breakthrough in this case. As a result, we successfully extracted the Nine files with the given keyword “ ” and generated an Excel sheet. Confidential Based on the extracted files from Autopsy, we identified Ex-Employee taking the company’s confidential and trade secret documents as shown in Figure 8. And Figure 13. Furthermore, an Excel sheet briefs about the Confidential file information to put forward the case legally with the proceedings. That concludes, this case is related to Intellectual property (IP) theft by an Ex-employee and shared with the competitor for grants in exchange. Hands-On Project 3–3 Investigation and Development Procedures: To conduct internal digital investigations and forensics examinations on the company’s trade secret theft. Our main investigational focus is that was to the HR department belonging to , Ralph Williams, who left the company and We have received additional instructions Ralph Williams that contained from April 2006, to in the USB drive which was shared with the new employer Smith Sloop Boats, a competitor of ACE Sailboats. Ms. Olsen specified; another specialist has already made an image of the USB drive in the Expert Witness format (with an . E01 extension). In this section, we need to examine its contents for any photograph files and other artefacts that might relate to this case to justify whether the anonymous complaint is true or a false flag. to examine a USB drive received through an anonymous letter a former employee now works for a competitor. to take photos belonging to ACE Sailboats Pvt ltd., trade secrets look for the Photos First, Open the “Autopsy tool” Home screen window on your PC. As shown in Figure 1. Step 1: Special Note: Please, refer to Hands-on project 1–2, and repeat the same procedures from step2 to step5. To create, browse, select folders and create a workspace, procedures are similar to Hands-on project 3–2. In the Result Viewer pane, scroll to the right, if necessary, until the Modified Time column is in view. Sort the column by clicking the header. Step 6: Modified Time Scroll down until you find the first file with a starting month of April 2006, and then click the file to view it in the Content Viewer. Press the on the keyboard to view all files created or modified in April 2006. Step 7: down arrow + every file that has a photo of a boat or part of a boat. Right-click this selection, point to and then , and click . Step 8: Ctrl Right click Tag File Quick Tag Follow Up In the Tree Viewer pane, scroll down and expand , , and . In the Result Viewer pane, click the tab to view the tagged photos. Step 9: Tags Follow Up File Tags Thumbnail To create a report, click Generate Report at the top. In the window, click the option button in the Report Modules section, and then click . Step 10: Generate Report Results — HTML Next In the Configure Artefacts Report window, click the button, click the check box, and then click . Step 11: Tagged Results Follow-Up Finish In the Report Generation Progress window, click the pathname to view the report. When viewing the report, click the links to examine the tagged files. When you’re finished, click in the Report Generation Progress window. Step 12: Results — HTML Close Right-click on the Html Report and Click Open to view the report in detail. Step 13: Contains thumbnails of images that are associated with tagged files and results. Step 14: Conclusion: In this USB investigation case, we identified and analyzed the USB drive for any potential breakthrough in this case. As a result, we successfully extracted the Thirty-seven files with the given instruction “Photos” and generated an HTML report. Based on the extracted files from Autopsy, we identified Ex-Employee didn’t take the company’s confidential and Trade secret documents as shown in Figure 15 summary. Furthermore, an Excel sheet briefs about the Confidential file information to put forward the case legally with the proceedings. That concludes, this case is not related to Intellectual property (IP) theft by an Ex-employee, and this claim is a false flag. — — — — — — — — — — — — — — — — — — — — — — — — — THE END Thanks for reading! Have a pleasant day! Quote of the day: **Growth is often a painful process.**

                        成長は往々にして苦痛を伴う過程である。

A Guide to Doing a Digital Forensics Examination on Digital Media (USB)    

For the 13th part of Unhashed, I reached out to Ocean Liao, the CEO of Moma Finance - a project working to produce, manage, accelerate and aggregate the lending markets. During my discussion with Ocean, he shed light on a multitude of topics going from his journey into crypto to the importance of risk control in lending platforms and how to implement it. Q1: Welcome to Unhashed. What’s your story behind joining the crypto space? Answer: As early as 2013, through a circle of very close friends, I began to understand the existence of Bitcoin and its unique mixture of mathematics, economics, sociality, and its sophisticated yet simple business model captivated me instantly. Over the years, I learned about Litecoin, Dogecoin, and many other first-generation digital assets and blockchains. That’s when I began to feel that if I had to build something in this space or else I might end up in huge regret. So, a few friends and I developed an ASIC mining chip for Litecoin. Later, I continued to build a mining machine and participated in the earliest hydropower mining in Chengdu. I am considered an industry veteran. In 2017, we started to do some community and R&D work around public chains. The largest community on EOS “Gravity” is our product during that period. During the bear market that began in 2019, we launched our community App “Lichang”, and acquired over 1 million registered users. In 2020, DeFi began to rise, and we discovered the direction we really wanted to go in the future. It also happened to be something that could fully utilize our existing resources. In October 2020, we initiated “Moma Protocol”. Our goal is to realize a DeFi product that can provide a solid, infrastructure-level protocol that would support the growth of DeFi. So far, the journey has been rewarding and we have received support and participation from like-minds from all over the world. Q2: We all have heard about flash loans, zero-collateral loans, and so on, in the DeFi and crypto market. But, what’s the concept behind overcollateralized loan structure and why use it? Please explain to us how this structure works and also how it is more beneficial than a zero-collateral loan. Answer: I think that over-collateralized loans and flash loans, such as mortgage-free lending methods, have their own application scenarios and their own advantages. They will jointly provide more complete loan liquidity solutions to users in need in the future. The characteristics of smart contracts are destined to be a simple but extremely effective loan liquidity solution without human intervention. The over-collateralization and proper liquidation mechanism can ensure the security of the principal of the system and the best possible prevention of bad debts, under the circumstances with no human intervention. Flash loans also cleverly utilize the characteristics of smart contracts to complete uncollateralized loans within one single transaction, which is very innovative but also has its limitations in some use cases. It can be said that in most cases, over-collateralized loans can provide the right solutions, but flash loans are more suitable for ultra-short-term arbitrage scenarios. Again, take what you need. Q3: How does basing the security of a lending protocol around whistleblowers pan out? How is this a sustainable practice in a decentralized system? Answer: Risk control is the core of lending platforms. Trying to design a decentralized solution that could be an effective supplement to the existing centralized risk control system is a must for DeFI. The "Whistleblower" mechanism, which we have implemented on our platform, is an attempt at to allow everyone to participate without permission. "Permission-less" is one of the core design philosophies of DeFi; whether it is the production, lending, or risk control aspect, DeFi projects try to design systems and mechanisms based on this principle. How we implement the concept of Whistleblowers is that we allow everyone on our platform to become a whistleblower by staking our native tokens, MOMAT. Different platforms may implement different mechanisms, though. Now the next question is why would users want to participate? Well, exactly why they participate in so many other in DeFi: incentives. They can earn incentives by price marking and risk reminder issuance tasks. With incentives to earn, capable users can participate in the usability of the entire system. This will not only improve the risk control capability of the system but also make the entire system more decentralized, thus increasing the user's participation and engagement level. Q4: For risk management, what do you think is the best way to evaluate the governance and smart contract risk of a crypto asset? Also, do you think will a rating score to assess the associate risk react to the asset’s volatility in the external market? Answer: When evaluating the governance risk of a digital asset, it is important to first focus on the degree of centralization of its governance and the number of token holders. If the token is held and governed by a single institution, the score on this dimension will be lower. The evaluation of the risk of smart contracts can be mainly based on the length of time the smart contract exists and the number of transactions generated in the smart contract. The longer the secure subsistence time and the greater the number of transactions, there’s certainly a lower risk associate with the smart contract. Although there are always risks associated with any online, I think that these two metrics are a smart way to assess the credibility of a smart contract For the management of the risk rating database, we can combine this with a "whistleblower mechanism". Whistleblowers can help detect and mark the impact of the volatility risks of digital assets, so the risk level of the assets can be accurately and sensitively reflected. Q6: Lastly, Moma Finance recently partnered with NFT Stars. Please illustrate how the advent and growth of NFTs can improve DeFi lending. On the other hand, how can long-tail assets create liquidity for NFTs? Answer: The development of NFT will not only lead to the expansion of digital asset application scenarios but also greatly increase the types and composability among the different types of digital assets. In fact, how to provide lending liquidity to NFTs is also a very interesting challenge because it involves very different pricing mechanisms and clearing processes, which is also one of the functions and goals that we will implement in the future. The development of NFT technologies and concepts will also bring many innovations to DeFi lending platforms. For example, we can use NFTs to record user credit points to achieve credit loans with less collateral. Disclaimer: The sole purpose of Unhashed is to unhash (decode) information about projects innovating using blockchain and cryptocurrencies and share it with the community. The does not have any vested interest in any of the projects covered herein. Not that this article shares any, but still, taking investment advice from strangers on the internet is not a wise thing to do. writer

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