InterPrice Technologies, Inc. provides a first-to-market web-based platform that empowers corporations to make financing decisions with accuracy, speed and precision. Companies can finally obtain a clear picture of their cost of capital and capital structure, specifically related to bonds, loans and interest rate hedging. The SaaS platform created by Wall Street veterans and technology experts gives corporations a comprehensive picture into the obscure capital markets, enabling finance professionals to make informed financing decisions for the betterment of their employees, customers, and shareholders

InterPrice Technologies

Refactoring legacy code helps us to ensure that a codebase remains maintainable and effective over time. What is Legacy code? Legacy code refers to code that has been inherited from previous developers or software systems and is no longer actively maintained or supported. This type of code can be difficult to work with because it may not have documentation, use outdated programming languages or frameworks, and not adhere to current coding standards. Legacy code can be a problem for organizations because it can be difficult and time-consuming to maintain and modify, and it may not be compatible with newer systems or technologies. It can also be a risk as it may contain security vulnerabilities or bugs that have not been addressed. To manage legacy code, organizations may need to invest in refactoring or rewriting the code to make it up-to-date and easier to maintain. They may also need to implement processes to ensure that new code is properly documented and follows current best practices so that it does not become legacy code in the future. Rewrite and refactoring legacy code Rewriting legacy code involves creating a new version of the code from scratch while maintaining the same functionality as the original code. This can be a time-consuming and expensive process, but it can be necessary if the legacy code is no longer maintainable or if it is not compatible with new technologies or systems. Refactoring legacy code, on the other hand, involves modifying the existing code to improve its structure and make it easier to understand and maintain, without changing its functionality. This can involve reorganizing the code, improving variable names and comments, and following current coding standards. Refactoring can be a more efficient and cost-effective way to improve legacy code, but it may still require a significant investment of time and resources. When deciding whether to rewrite or refactor legacy code, it is important to consider the complexity of the code, the resources available, and the organization’s long-term needs. It may be necessary to rewrite code if it is too complex to refactor or if it is not feasible to maintain the legacy code. Example\Original code: def calculate_total(items):
total = 0
for item in items:
total += item.price
return total Refactored code: def calculate_total(items):
return sum(item.price for item in items) In this example, the original code calculates the total price of a list of items by iterating through the list and adding up the price of each item. The refactored code uses a built-in function (sum()) to achieve the same result in a more concise and readable way. Refactoring can involve a wide range of techniques, such as renaming variables and functions to be more descriptive, reorganizing code to improve its structure and readability, and removing unnecessary or redundant code. The goal of refactoring is to make the code easier to understand and maintain, without changing its functionality. Improvement and uniqueness of legacy code Refactoring can often be a more efficient and cost-effective way to improve legacy code, particularly if the code is still in use and needs to be maintained. Many developers use legacy as a base, reference code to develop their new applications. In this case, it may be necessary to uniquely code the application being developed. Mobile applications that are not unique may not pass the AppStore and Google Play check and get banned, and web applications created on template platforms may have problems with indexing in search engines.

A Brief Intro to Legacy Code

The is a new technology product within Smart Token Labs TokenScript framework. Delivered as an open-source NPM package to provide on and off-chain token attestations into any website. Token Negotiator (Brand Connector) https://www.npmjs.com/package/@tokenscript/token-negotiator The goal of this article is to show you how to integrate the library into a website for building your first tokenized web app (TAPP - which we have coined internally at this time). In this walkthrough, we will use the popular library React to demonstrate how to connect tokens to any web experience. To ensure you get the most from this article let’s cover some initial definitions and terminology used in a Q & A format. What is a token? All tokens described in this article refer to an NFT (non-fungible tokens found on a blockchain) or a cryptographically created non-fungible token (held in device memory, email or web storage). These types of tokens can represent anything in a digital format such as a car key, a concert ticket, piece of art or your identity. However, there are many possibilities still to be discovered. What is the tokenized web? The tokenized web is an evolutionary idea where the use of tokens drives the user experience. What is attestation? Attestation is evidence or proof of something. For example, you show a valid passport and flight ticket at the airport to prove you are eligible to fly. The same idea can be applied to the tokenized web, where token ownership rights can be attested against to do something in return. Why do I need to consider using tokens? Tokens are not bound to a specific use case or centralized service. They can be authenticated and used anywhere. They offer decentralized types of security and privacy. Provide more user control compared to centralized services. Through the adoption of tokens, a new form of the internet can be derived that enables interoperable user journeys with less friction than today to access services we need Is there an alternative? Traditional web services (commonly referred to as Web 2.0) provide various ways to accomplish tasks that can be done with tokens (gated experiences, creation of a proof that can be used across different domains), however, what we will disclose in this article will open your imagination to a new paradigm that has more possibilities and capabilities than the web we know today. What are the risks of using (or not using) tokens? The Tokenized web is a fairly new concept where there is much to learn and build in this space to understand its full capability and risks of using this technology. To date, we have found little risk to using tokens for users who keep their credentials safe and for
businesses that apply suitable solutions to their needs. What are some of the benefits? As a business, you can reach out to new audiences through NFT collections that were previously not discoverable. As a user, you will be able to utilize the same token(s) across many applications reducing friction to acquire access token authorized web services. As a developer, you can build new types of applications where the ownership of a token can be used as the building block to driving new types of experiences. Ok, Let’s Get Started 🙂 ! First install a new instance of a React App, with the following command. npx create-react-app my-app Once complete change the directory. cd my-app Then npm run start Where you should now see the following. Let’s next install the Token Negotiator (Brand Connector) with the following command. npm i @tokenscript/token-negotiator Once installed, we can work towards loading some tokens into the page. Next, create a script inside your directory called “tokenContextProvider.js” as shown in the application directory below. Inside this file, we are going to configure the library implementing this via Reacts ContextProvider API which will provide the tokens via props to components. Inside the newly created file add the following. import React, { createContext, useState, useEffect } from 'react';
import { Client } from '@tokenscript/token-negotiator';
import "@tokenscript/token-negotiator/dist/theme/style.css";

const TokenContext = createContext({ 
  tokens: []
});

let negotiator;

const TokenContextProvider = (props) => {

  const [tokens, setTokens] = useState([]);

  useEffect(() => {
    
    negotiator.on("tokens-selected", (tokens) => { 
    
      let selectedTokensState = [];
	
      const { selectedTokens } = tokens;

      if(selectedTokens["demo-tokens"].tokens) {

        selectedTokensState.push(...selectedTokens["demo-tokens"].tokens);
	
      }
	
      setTokens(selectedTokensState);

    });
      
  }, []);

  return (

    <TokenNegotiatorInstance render={({ negotiator }) => (

      <TokenContext.Provider props={negotiator} value={{ tokens, negotiator }}>

        {props.children}

      </TokenContext.Provider>

    )} />

  )
}
class TokenNegotiatorInstance extends React.Component {
  
  constructor(props) {
    
    super(props);

    if(negotiator) return;

    negotiator = new Client({
      type: 'active',
      issuers: [
        { collectionID: "demo-tokens", contract: '0x26472AA24D795AbcB687bddb44d733ef55Ebdf09', chain: 'Rinkeby' }
      ],
      options: {
        overlay: {
          openingHeading: "Open a new world of discounts available with your tokens.",
          issuerHeading: "Discount with your tokens",
          repeatAction: "try again",
          theme: "light",
          position: "bottom-right"
        }
      },
      filter: {}
    });

    negotiator.negotiate();
    
  }
  render() {
    return this.props.render({ negotiator: negotiator })
  };
}

export { TokenContext, TokenContextProvider } Change the contract address ’0x264...’ and chain ‘rinkeby’ to match the smart contract address and location of an NFT you own. If you don’t own an NFT there are many ways to mint them on a test net, with and without code with platforms such as . OpenSea issuers: [
  { 
    collectionID: "demo-tokens", 
    contract: '0x26472AA24D795AbcB687bddb44d733ef55Ebdf09', 
    chain: 'rinkeby' 
  }
] Once you have an NFT and you’ve configured the Token Negotiator, let’s next add four changes to enable the library to read user tokens. Next, inside the “App.js” include the following changes. This connects the library and injects a token overlay component into the class element “overlay-tn”. import { TokenContextProvider } from './TokenContextProvider';
import StoreFront from './StoreFront';

const App = () => {
  return (
    <TokenContextProvider>
      <>
        <StoreFront />
        <div className="overlay-tn"></div>
      </>
    </TokenContextProvider>
  )
}

export default App; Then create a new component called “StoreFront.js” which is made to show a list of products for sale. import React, { useContext } from 'react';
import StoreItem from "./StoreItem";

import { TokenContext } from "./TokenContextProvider";

export default function StoreFront() {

  const { tokens } = useContext(TokenContext);

  const mockStoreFrontItems = [
    { size: "140px", price: 200, src: "https://picsum.photos/id/100/200/300", title: "Lorem" },
    { size: "90px", price: 150, src: "https://picsum.photos/id/200/200/300", title: "Aliqua" },
    { size: "170px", price: 400, src: "https://picsum.photos/id/300/200/300", title: "Adipiscing" },
    { size: "120px", price: 300, src: "https://picsum.photos/id/400/200/300", title: "Sit" },
    { size: "100px", price: 600, src: "https://picsum.photos/id/500/200/300", title: "Exercitation" },
    { size: "110px", price: 300, src: "https://picsum.photos/id/600/200/300", title: "Consectetur" },
  ];
  
  const tokenSelected = tokens.length > 0;
  const storeWideDiscount = tokenSelected ? 0.9 : undefined;

  return (
    <div>
      <h1 style={{ textAlign: "center", marginTop: "38px", fontSize: "24px" }}>
        The Art Gallery
      </h1>
      <h2 style={{ textAlign: "center", marginTop: "38px", fontSize: "16px", margin: 0, fontWeight: 400 }}>
        Discover original paintings & artwork in our beautiful online collection.
      </h2>
      <div style={{ display: 'flex', flexFlow: "row wrap", justifyContent: "center", margin: "20px" }}>
        {mockStoreFrontItems.map((item, index) => {
          return <StoreItem key={index} discount={ storeWideDiscount } item={item} />;
        })}
      </div>
    </div>
  );
} Lastly, create a new component called “StoreItem.js” which will display data about each store product. export default function StoreItem({ item, discount }) {

  const { price, title, src, size } = item;

  const itemPrice = discount ? (price * discount).toFixed(2) : price;

  return (
    <div style={{ textAlign: "center", margin: "20px" }}>
      <p style={{ fontWeight: "800" }}>{title}</p>
      <img style={{ border: "4px solid black", width: size }} src={src} />
      <div>Price: ${itemPrice}</div>
      { discount && 
          <span style={{ textDecoration: "line-through" }}> ${price} </span>
      }
    </div>
  );
} Configuration Step: Based on Create-React-App / webpack 5 changes. Or jump ahead with the finished version we made earlier. In Webpack version 5, they stopped providing Node.js profiles by default and now ask that developers import which of them they need. This has impacted many projects including Create-React-App, however, there is a solution below to fix this. https://www.alchemy.com/blog/how-to-polyfill-node-core-modules-in-webpack-5 Alternatively, if you want to jump ahead without completing this step you can find the completed example code here. https://github.com/TokenScript/token-negotiator-examples/tree/main/art-gallery-medium-article-website Great job, now this has been configured we can test the example application. You should now see the following display when serving the application. From within the project directory, on the command line run npm run start When clicking on the Token Negotiator component fab button, it will display the configured details around the usage of the token. To progress, the end-user will next connect their wallet where their tokens can be found. The user can next choose which of their token collections to load into the website. In this example, there is just one token collection used. In a real-world example, you may wish to include several for different uses, where tokens open up different features during a user’s web experience. Now the end-user can load their tokens into the website gaining a discount. This technique could be used for any special utilities that a website business wishes to provide for token holders of a specific collection(s). Summary In this guide, we’ve shown how to install the Token Negotiator (Brand Connector) within a React JS project. This enables owners of a specific NFT collection to enable a discount. We hope this article has inspired you, where there are endless possibilities of what can be done with tokens using the TokenScript framework. “TokenScript will set a new standard for token composability in a Web3 future where tokens are as ubiquitous as web pages, and where tokens will become primary objects of ownership, identity, and interaction.” ~ Weiwu CTO Thanks for reading Our passion is to build open-source technologies toward building a better web for everyone. Please share any feedback and thoughts below. We will soon follow up with another article to explain the use of off-chain tokens, which are cryptographically designed without the requirement of using a blockchain. Resources Smart Token Labs - https://smarttokenlabs.com/ Token Negotiator - https://www.npmjs.com/package/@tokenscript/token-negotiator Examples - https://tokenscript.github.io/token-negotiator-gh-pages/ TokenScript - https://tokenscript.org/ Twitter - https://www.twitter.com/tokenscript Attestation Working Group Discord - https://discord.gg/jgGTX99s

Utilize The Power of NFTs On Your Website

GRAND CAYMAN, Cayman Islands, May 3rd, 2024/Chainwire/--Protocol launches, growth trajectory, and industry-leading technology point toward more success to come. On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains, amassing household name partners and shipping multiple technology breakthroughs in the process. In the build-up to its launch in 2023, the chatter around Sui reached a level of excitement that has not been matched by any chain that has launched since. The first anniversary of Sui represents a culmination of the remarkable milestones achieved by the network in its first year. While centralized institutions face growing public distrust due to decades of anti-competitive and anti-consumer behavior and legacy blockchains lack the speed and technology to solve the problem, in a single year, Sui has emerged as the decentralized solution most capable of disrupting the status quo at scale. The innovations of Sui begin with Sui’s novel programming language, Move, which was created by Mysten Labs Co-founder and CTO Sam Blackshear. Move introduced a new architecture centered around objects, enabling performance and functionality that was simply not available on existing blockchains. The result is a blockchain that is singular in the industry — the universal coordination layer for intelligent assets. “Like many transformative innovations before us, we knew the problem we had to solve and built the technology to solve it without applying labels, but a year after launch, it is clear that Sui is a vibrant developer ecosystem,” said Evan Cheng, Co-founder and CEO of Mysten Labs. “Developers are taking advantage of Sui’s performance, and its scalable, composable, on-chain storage, and native accessibility features to build sustainable business models with a consumer ownership-first approach. While the Network’s achievements to date are remarkable, the road to onboarding the next billion users to web3 has just started.” Technology Innovations The results Sui has achieved have validated the team’s approach. In addition to not experiencing a single minute of downtime or instance of degraded performance since Mainnet launch, in the last 12 months, Sui has achieved: Lightning-fast transaction speeds — time to finality clocked at just 400 milliseconds
Massive scale — 297,000 peak TPS in a controlled environment
Record-setting Mainnet performance — 65.8M transactions executed in a single day, the most of any blockchain ever
Extremely low fees — predictable, stable transaction fees even during high usage Yet technology improvements are a constant at Sui. In recent weeks, including at its first global in-person conference, Sui Basecamp, Sui unveiled Mysticeti, which significantly shortens Sui’s end-to-end time to finality, and Pilotfish, which enables nearly unlimited horizontal scaling by enabling individual validators to use multiple machines to extend their capacity. Sui has also introduced unique implementations of technologies that make adoption easier and make the blockchain accessible to mainstream users, both at the enterprise and retail levels. zkLogin is on-chain authorization with traditional OAuth providers like Google and Twitter, allowing all users to directly operate on-chain with the single sign-on process they have become accustomed to, removing the hurdle of managing wallet addresses and seed phrases. zkSend is an application exclusive to Sui that utilizes zkLogin to enable users to send and claim tokens simply by sharing or clicking a link. Sponsored transactions, enabled by Sui’s extremely low fees, empower builders to remove a final hurdle for engagement. Finally, Enoki, which was announced at Sui Basecamp, removes requirements for enterprises looking to incorporate blockchain technology with a turnkey solution that gives them access to build seamlessly on Sui. “The rate at which the ecosystem’s deep and talented developer community has shipped powerful protocols and industry-first technology breakthroughs has been breathtaking, and it’s only a year in,” said Adeniyi Abiodun, Co-founder and CPO at Mysten Labs. “Sui’s purpose is to redefine how individuals and businesses collaborate to create, grow, and share value in a digital-first economy and since its mainnet launch, Sui has demonstrated important and unique capabilities in that regard.” Network Momentum – Sui is a destination for DeFi, Gaming and Commerce Also owing to the strength of the network and especially notable for an ecosystem so early in its development, Sui has quickly become one of the preeminent destinations for DeFi activity. Within 9 months of its Mainnet launch, Sui ranked in the Top 10 of all blockchains in TVL. A month later, Sui’s DEX volume also achieved top 10 status. Throughout, Wormhole stats show Sui as a top destination for bridging from Ethereum, including over a 30-day period where Sui saw more inflows than all other blockchains combined, and more than twice as much as the next closest blockchain. In each of these cases, Sui eclipsed numerous well-known networks that have existed for far longer. Builders and enterprises integrating with Sui are also adding to the growing momentum. Bluefin, a derivatives exchange that had already executed billions in transaction volume in its first iteration on another chain, shut that integration down to build on Sui. Solend, a leading lending protocol on Solana, chose Sui for its first integration beyond its initial network, launching the Suilend protocol which has already amassed over $30M TVL. Additionally, First Digital Labs, creator of FDUSD, the fastest-growing stablecoin in crypto with over $4B in market cap, chose Sui for its first expansion since its launch on Ethereum and BNB. “As we mark the first anniversary of Sui's launch, the growth and innovation within the Sui ecosystem have been sensational and Sui has quickly ascended to the forefront of Layer 1 blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s global footprint has continued to expand at a remarkable rate as more and more builders see Sui as the best platform for enabling real world solutions aimed at addressing the world’s most pressing challenges.” Gaming is another focus for Sui that will continue in the coming months and years. With low, predictable fees that allow game developers to build with confidence and dynamic objects that make games built on Sui more expressive, Sui is the optimal blockchain for gaming studios. Dozens of development teams are currently building games on Sui, including established studios such as NHN (Pebble City), ONBUFF x SNK (Samurai Shodown), NDUS Interactive (Xociety), Orange Comet (The Walking Dead: Lands), and Ambrus Studio (E4C: Final Salvation). Leading professional esports team, Team Liquid, will leverage Sui for the relaunch of its fan loyalty program, and at Sui Basecamp in April, Sui joined gaming infrastructure developer Playtron in announcing SuiPlay0X1, the first handheld gaming device with native blockchain capabilities to wide acclaim. Other notable ecosystem partnerships achieved in Sui’s first year include those with Alibaba Cloud and Google Cloud, which focused on enhancing security, scalability, developer tools and user experiences across a range of Web 3.0 and AI-powered applications. BytePlus, the web3 arm of ByteDance, partnered with Sui ecosystem partner Mysten Labs to explore collaboration on data warehousing, AI recommendation algorithms, and AI visual algorithms in web3 game platforms and socialFi projects on Sui. The crowds that gathered for Sui Basecamp 2024 represented the culmination of Sui’s arrival, as over 1,000 projects, partners, investors and enthusiasts from 65 countries around the world came to Paris in April to celebrate Sui at the vaunted Layer 1’s inaugural global conference. Contact Sui Foundation media@sui.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. GRAND CAYMAN, Cayman Islands, May 3rd, 2024/Chainwire/--Protocol launches, growth trajectory, and industry-leading technology point toward more success to come. On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains, amassing household name partners and shipping multiple technology breakthroughs in the process. In the build-up to its launch in 2023, the chatter around Sui reached a level of excitement that has not been matched by any chain that has launched since. The first anniversary of Sui represents a culmination of the remarkable milestones achieved by the network in its first year. While centralized institutions face growing public distrust due to decades of anti-competitive and anti-consumer behavior and legacy blockchains lack the speed and technology to solve the problem, in a single year, Sui has emerged as the decentralized solution most capable of disrupting the status quo at scale. The innovations of Sui begin with Sui’s novel programming language, Move, which was created by Mysten Labs Co-founder and CTO Sam Blackshear. Move introduced a new architecture centered around objects, enabling performance and functionality that was simply not available on existing blockchains. The result is a blockchain that is singular in the industry — the universal coordination layer for intelligent assets. “Like many transformative innovations before us, we knew the problem we had to solve and built the technology to solve it without applying labels, but a year after launch, it is clear that Sui is a vibrant developer ecosystem,” said Evan Cheng, Co-founder and CEO of Mysten Labs. “Like many transformative innovations before us, we knew the problem we had to solve and built the technology to solve it without applying labels, but a year after launch, it is clear that Sui is a vibrant developer ecosystem,” said Evan Cheng, Co-founder and CEO of Mysten Labs. “Developers are taking advantage of Sui’s performance, and its scalable, composable, on-chain storage, and native accessibility features to build sustainable business models with a consumer ownership-first approach. While the Network’s achievements to date are remarkable, the road to onboarding the next billion users to web3 has just started.” “Developers are taking advantage of Sui’s performance, and its scalable, composable, on-chain storage, and native accessibility features to build sustainable business models with a consumer ownership-first approach. While the Network’s achievements to date are remarkable, the road to onboarding the next billion users to web3 has just started.” Technology Innovations The results Sui has achieved have validated the team’s approach. In addition to not experiencing a single minute of downtime or instance of degraded performance since Mainnet launch, in the last 12 months, Sui has achieved: Lightning-fast transaction speeds — time to finality clocked at just 400 milliseconds Massive scale — 297,000 peak TPS in a controlled environment Record-setting Mainnet performance — 65.8M transactions executed in a single day, the most of any blockchain ever Extremely low fees — predictable, stable transaction fees even during high usage Lightning-fast transaction speeds — time to finality clocked at just 400 milliseconds Massive scale — 297,000 peak TPS in a controlled environment Record-setting Mainnet performance — 65.8M transactions executed in a single day, the most of any blockchain ever Extremely low fees — predictable, stable transaction fees even during high usage Yet technology improvements are a constant at Sui. In recent weeks, including at its first global in-person conference, Sui Basecamp, Sui unveiled Mysticeti, which significantly shortens Sui’s end-to-end time to finality, and Pilotfish, which enables nearly unlimited horizontal scaling by enabling individual validators to use multiple machines to extend their capacity. Sui has also introduced unique implementations of technologies that make adoption easier and make the blockchain accessible to mainstream users, both at the enterprise and retail levels. zkLogin is on-chain authorization with traditional OAuth providers like Google and Twitter, allowing all users to directly operate on-chain with the single sign-on process they have become accustomed to, removing the hurdle of managing wallet addresses and seed phrases. zkSend is an application exclusive to Sui that utilizes zkLogin to enable users to send and claim tokens simply by sharing or clicking a link. Sponsored transactions, enabled by Sui’s extremely low fees, empower builders to remove a final hurdle for engagement. Finally, Enoki, which was announced at Sui Basecamp, removes requirements for enterprises looking to incorporate blockchain technology with a turnkey solution that gives them access to build seamlessly on Sui. “The rate at which the ecosystem’s deep and talented developer community has shipped powerful protocols and industry-first technology breakthroughs has been breathtaking, and it’s only a year in,” said Adeniyi Abiodun, Co-founder and CPO at Mysten Labs. “Sui’s purpose is to redefine how individuals and businesses collaborate to create, grow, and share value in a digital-first economy and since its mainnet launch, Sui has demonstrated important and unique capabilities in that regard.” Network Momentum – Sui is a destination for DeFi, Gaming and Commerce Also owing to the strength of the network and especially notable for an ecosystem so early in its development, Sui has quickly become one of the preeminent destinations for DeFi activity. Within 9 months of its Mainnet launch, Sui ranked in the Top 10 of all blockchains in TVL. A month later, Sui’s DEX volume also achieved top 10 status. Throughout, Wormhole stats show Sui as a top destination for bridging from Ethereum, including over a 30-day period where Sui saw more inflows than all other blockchains combined, and more than twice as much as the next closest blockchain. In each of these cases, Sui eclipsed numerous well-known networks that have existed for far longer. Builders and enterprises integrating with Sui are also adding to the growing momentum. Bluefin, a derivatives exchange that had already executed billions in transaction volume in its first iteration on another chain, shut that integration down to build on Sui. Solend, a leading lending protocol on Solana, chose Sui for its first integration beyond its initial network, launching the Suilend protocol which has already amassed over $30M TVL. Additionally, First Digital Labs, creator of FDUSD, the fastest-growing stablecoin in crypto with over $4B in market cap, chose Sui for its first expansion since its launch on Ethereum and BNB. “As we mark the first anniversary of Sui's launch, the growth and innovation within the Sui ecosystem have been sensational and Sui has quickly ascended to the forefront of Layer 1 blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s global footprint has continued to expand at a remarkable rate as more and more builders see Sui as the best platform for enabling real world solutions aimed at addressing the world’s most pressing challenges.” “As we mark the first anniversary of Sui's launch, the growth and innovation within the Sui ecosystem have been sensational and Sui has quickly ascended to the forefront of Layer 1 blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s global footprint has continued to expand at a remarkable rate as more and more builders see Sui as the best platform for enabling real world solutions aimed at addressing the world’s most pressing challenges.” Gaming is another focus for Sui that will continue in the coming months and years. With low, predictable fees that allow game developers to build with confidence and dynamic objects that make games built on Sui more expressive, Sui is the optimal blockchain for gaming studios. Dozens of development teams are currently building games on Sui, including established studios such as NHN (Pebble City), ONBUFF x SNK (Samurai Shodown), NDUS Interactive (Xociety), Orange Comet (The Walking Dead: Lands), and Ambrus Studio (E4C: Final Salvation). Leading professional esports team, Team Liquid, will leverage Sui for the relaunch of its fan loyalty program, and at Sui Basecamp in April, Sui joined gaming infrastructure developer Playtron in announcing SuiPlay0X1, the first handheld gaming device with native blockchain capabilities to wide acclaim. Other notable ecosystem partnerships achieved in Sui’s first year include those with Alibaba Cloud and Google Cloud, which focused on enhancing security, scalability, developer tools and user experiences across a range of Web 3.0 and AI-powered applications. BytePlus, the web3 arm of ByteDance, partnered with Sui ecosystem partner Mysten Labs to explore collaboration on data warehousing, AI recommendation algorithms, and AI visual algorithms in web3 game platforms and socialFi projects on Sui. The crowds that gathered for Sui Basecamp 2024 represented the culmination of Sui’s arrival, as over 1,000 projects, partners, investors and enthusiasts from 65 countries around the world came to Paris in April to celebrate Sui at the vaunted Layer 1’s inaugural global conference. Contact Sui Foundation media@sui.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Sui Turns One: Debut Year Of Growth and Tech Breakthroughs Puts Sui At Forefront Of Web3

**TEL AVIV, Israel, May 2nd, 2024/CyberNewsWire/--**Early adoption by Fortune 100 companies worldwide, LayerX already secures more users than any other browser security solution and enables unmatched security, performance and experience. LayerX, pioneer of the LayerX Browser Security platform, today announced $26 million in Series A funding led by Glilot+, the early-growth fund of Glilot Capital Partners, with participation from Dell Technologies Capital and other investors. Lior Litwak, Managing Partner at Glilot Capital and Head of Glilot+, and Yair Snir, Managing Partner at Dell Technologies Capital, will join the LayerX board. The new capital will be used for corporate growth across talent and increasing global market presence. This round brings the company’s total investment to $34 million. Today’s modern enterprise employees rely heavily on browser-based services and SaaS applications. Yet, these fundamental work activities expose organizations to a wide range of security risks, like data leaks, identity and password theft, malicious browser extensions, phishing sites and more. LayerX was purpose-built to secure and govern browser-based work, from both managed and unmanaged devices. “We’ve transformed workforce protection for organizations without requiring the transition to a dedicated secure browser. Unlike other solutions, installed in a matter of minutes, the LayerX Browser Extension does not impact employee efficiency, speed, privacy or the browsing experience, ” said Or Eshed, co-founder and CEO, LayerX. “As the browser becomes more central to the employee, we anticipate it becomes more attractive to the attacker, particularly in the wake of GenAI tools used in browser-related activities,” he continues. “Today’s funding round is a testament to our increasing market opportunity and the innovation behind our platform’s user-friendly approach to a more secure browser experience.” LayerX's Enterprise Browser Extension is compatible with all commonly used browsers, including Chrome, Firefox, Edge and others, without requiring agents, a VPN or network modifications. Once deployed, the information security or IT team gains visibility into user activities and can block or restrict any threat in real-time, without impacting the user experience. LayerX protects against all threats, whether they were inadvertently or maliciously caused by the employee, or whether they were originated by the attacker. The solution includes an AI engine that granularly monitors the code run by the browser and automatically generates a variety of insights related to user behavior in the browser. "Since inception, LayerX showed super fast growth and adoption by the world’s leading enterprises. The company is at the forefront of defense for modern organizations. By protecting the browser, the central productivity application in organizations, from a wide range of new-generation security risks, LayerX can solve acute security problems that have remained unanswered until now,” said Kobi Samboursky, Founding and Managing Partner at Glilot Capital “We believe that this novel solution for securing browsers will replace most SASE and SSE solutions prevalent today in organizations. At an estimated market size of $7 billion, the potential inherent in LayerX’s technology is tremendous." "Similar to other successful entrepreneurs in the cybersecurity field we've collaborated with, Or and David bring significant experience and knowledge in understanding the technical issues involved in threats to organizations and the motivations of attackers. Consequently, they recognize that effective security measures should adapt to real-world user behaviors, rather than the other way around,” said Yair Snir, Managing Director at Dell Technologies Capital. “In a world where most computer operations are conducted through browsers, LayerX introduces a creative approach to corporate security that is user-friendly, robust, and easily implementable in large organizations. This approach transforms the browser from a major vulnerability to a strength, facilitating secure work across devices. Our investment in LayerX isn't just driven by the promising opportunity but also by the potential impact of the company's solution on organizations, regardless of where employees conduct their tasks." About LayerX LayerX was founded in 2022 by Or Eshed, CEO, and David Weisbrot, CTO, who developed web attack and defense systems during their military service. In 2017, Eshed led the exposure of the largest attack campaign in history on the Chrome browser, which involved tens of millions of compromised browsers and even led to the capture and trial of the hackers. LayerX has Fortune 100 clients worldwide. LayerX Enterprise Browser Extension natively integrates with any browser, turning it into the most secure and manageable workspace, with no impact on the user experience. Enterprises use LayerX to secure their devices, identities, data, and SaaS apps from web-borne threats and browsing risks that endpoint and network solutions can’t protect against. Those include data leakage over the web, SaaS apps and GenAI Tools, malicious browser extensions, phishing, account takeovers, shadow SaaS, and more. Contact Dori Harpaz LayerX dori@layerxsecurity.com This story was distributed as a release by Cyberwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **TEL AVIV, Israel, May 2nd, 2024/CyberNewsWire/--**Early adoption by Fortune 100 companies worldwide, LayerX already secures more users than any other browser security solution and enables unmatched security, performance and experience. LayerX, pioneer of the LayerX Browser Security platform, today announced $26 million in Series A funding led by Glilot+, the early-growth fund of Glilot Capital Partners, with participation from Dell Technologies Capital and other investors. Lior Litwak, Managing Partner at Glilot Capital and Head of Glilot+, and Yair Snir, Managing Partner at Dell Technologies Capital, will join the LayerX board. The new capital will be used for corporate growth across talent and increasing global market presence. This round brings the company’s total investment to $34 million. Today’s modern enterprise employees rely heavily on browser-based services and SaaS applications. Yet, these fundamental work activities expose organizations to a wide range of security risks, like data leaks, identity and password theft, malicious browser extensions, phishing sites and more. LayerX was purpose-built to secure and govern browser-based work, from both managed and unmanaged devices. “We’ve transformed workforce protection for organizations without requiring the transition to a dedicated secure browser. Unlike other solutions, installed in a matter of minutes, the LayerX Browser Extension does not impact employee efficiency, speed, privacy or the browsing experience, ” said Or Eshed, co-founder and CEO, LayerX. “We’ve transformed workforce protection for organizations without requiring the transition to a dedicated secure browser. Unlike other solutions, installed in a matter of minutes, the LayerX Browser Extension does not impact employee efficiency, speed, privacy or the browsing experience, ” said Or Eshed, co-founder and CEO, LayerX. “As the browser becomes more central to the employee, we anticipate it becomes more attractive to the attacker, particularly in the wake of GenAI tools used in browser-related activities,” he continues. “Today’s funding round is a testament to our increasing market opportunity and the innovation behind our platform’s user-friendly approach to a more secure browser experience.” “As the browser becomes more central to the employee, we anticipate it becomes more attractive to the attacker, particularly in the wake of GenAI tools used in browser-related activities,” he continues. “Today’s funding round is a testament to our increasing market opportunity and the innovation behind our platform’s user-friendly approach to a more secure browser experience.” LayerX's Enterprise Browser Extension is compatible with all commonly used browsers, including Chrome, Firefox, Edge and others, without requiring agents, a VPN or network modifications. Once deployed, the information security or IT team gains visibility into user activities and can block or restrict any threat in real-time, without impacting the user experience. LayerX protects against all threats, whether they were inadvertently or maliciously caused by the employee, or whether they were originated by the attacker. The solution includes an AI engine that granularly monitors the code run by the browser and automatically generates a variety of insights related to user behavior in the browser. "Since inception, LayerX showed super fast growth and adoption by the world’s leading enterprises. The company is at the forefront of defense for modern organizations. By protecting the browser, the central productivity application in organizations, from a wide range of new-generation security risks, LayerX can solve acute security problems that have remained unanswered until now,” said Kobi Samboursky, "Since inception, LayerX showed super fast growth and adoption by the world’s leading enterprises. The company is at the forefront of defense for modern organizations. By protecting the browser, the central productivity application in organizations, from a wide range of new-generation security risks, LayerX can solve acute security problems that have remained unanswered until now,” said Kobi Samboursky, Founding and Managing Partner at Glilot Capital “We believe that this novel solution for securing browsers will replace most SASE and SSE solutions prevalent today in organizations. At an estimated market size of $7 billion, the potential inherent in LayerX’s technology is tremendous." Founding and Managing Partner at Glilot Capital “We believe that this novel solution for securing browsers will replace most SASE and SSE solutions prevalent today in organizations. At an estimated market size of $7 billion, the potential inherent in LayerX’s technology is tremendous." "Similar to other successful entrepreneurs in the cybersecurity field we've collaborated with, Or and David bring significant experience and knowledge in understanding the technical issues involved in threats to organizations and the motivations of attackers. Consequently, they recognize that effective security measures should adapt to real-world user behaviors, rather than the other way around,” said Yair Snir, "Similar to other successful entrepreneurs in the cybersecurity field we've collaborated with, Or and David bring significant experience and knowledge in understanding the technical issues involved in threats to organizations and the motivations of attackers. Consequently, they recognize that effective security measures should adapt to real-world user behaviors, rather than the other way around,” said Yair Snir, Managing Director at Dell Technologies Capital. “In a world where most computer operations are conducted through browsers, LayerX introduces a creative approach to corporate security that is user-friendly, robust, and easily implementable in large organizations. This approach transforms the browser from a major vulnerability to a strength, facilitating secure work across devices. Our investment in LayerX isn't just driven by the promising opportunity but also by the potential impact of the company's solution on organizations, regardless of where employees conduct their tasks." Managing Director at Dell Technologies Capital. “In a world where most computer operations are conducted through browsers, LayerX introduces a creative approach to corporate security that is user-friendly, robust, and easily implementable in large organizations. This approach transforms the browser from a major vulnerability to a strength, facilitating secure work across devices. Our investment in LayerX isn't just driven by the promising opportunity but also by the potential impact of the company's solution on organizations, regardless of where employees conduct their tasks." About LayerX LayerX was founded in 2022 by Or Eshed, CEO, and David Weisbrot, CTO, who developed web attack and defense systems during their military service. In 2017, Eshed led the exposure of the largest attack campaign in history on the Chrome browser, which involved tens of millions of compromised browsers and even led to the capture and trial of the hackers. LayerX has Fortune 100 clients worldwide. LayerX Enterprise Browser Extension natively integrates with any browser, turning it into the most secure and manageable workspace, with no impact on the user experience. Enterprises use LayerX to secure their devices, identities, data, and SaaS apps from web-borne threats and browsing risks that endpoint and network solutions can’t protect against. Those include data leakage over the web, SaaS apps and GenAI Tools, malicious browser extensions, phishing, account takeovers, shadow SaaS, and more. Contact Dori Harpaz LayerX dori@layerxsecurity.com 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

LayerX Security Raises $26M For Its Browser Security Platform, Enabling Employees To Work Securely 

Organizations are constantly seeking ways to enhance access management and security. One solution that has gained considerable attention is the semi-custom ADSI connector. This innovative technology allows businesses to deploy an access management system that meets their specific needs and requirements. Sampath Talluri, a seasoned professional in Active Directory (AD) integration and access management, boasts a track record of notable achievements in his field, with a focus on designing, developing, and deploying custom AD integration solutions tailored to clients' specific needs across diverse industries. Talluri has managed to significantly streamline access management processes, boost user productivity, and enhance system security. His expertise in AD and access management has seen commendation and acclaim in the industry, earning him accolades for innovative solutions, exceptional problem-solving skills, and dedication to delivering high-quality results. Through effective collaboration and communication with clients, as he shared, he has succeeded in achieving high levels of client satisfaction and fostering repeat business opportunities. Additionally, he actively contributed to the professional community by sharing insights, best practices, and lessons learned through blog posts, presentations, and industry forums. Talluri's commitment to continuous learning and skill development in Active Directory, ADSI, access management, and related technologies serves to project him as a thought leader in the field who is keen to tackle new challenges and drive innovation in the industry. As a key member of the team overseeing Saviynt IGA integration and access management, Talluri played a crucial part in pushing significant changes in the processes. He shares that he was able to enable significant cost reductions by deploying improved access management processes and automation solutions. Automating repetitive operations like user provisioning and access requests decreases manual work and operating costs, resulting in greater overall efficiency. Furthermore, the use of user-friendly access management solutions has increased productivity and happiness among their employees. While shedding light on some of the more notable projects he has been a part of, Talluri talked of overseeing a multitude of significant projects within the realm of enterprise identity and access management (IAM). These endeavors include orchestrating large-scale migrations of Active Directory infrastructure to cloud-based environments, ensuring smooth transitions while upholding data integrity and minimizing downtime. He has also spearheaded the implementation of robust access governance frameworks and compliance measures, ensuring adherence to regulatory standards and industry requirements. His expertise extends to developing customized access management solutions involving the creation of tailored scripts, tools, and applications to automate and streamline IAM processes. Talluri, as a well-known phenomenon in the domain of cybersecurity, has led initiatives to enhance the security posture of the same environments, implementing advanced security controls and swiftly responding to security incidents. For reference, he worked on facilitating the seamless migration of IAM systems to cloud-based platforms such as Azure Active Directory and Amazon Web Services (AWS), Google Cloud Platform (GCP), Human resource management system (HRMS), and REST APIs, ensuring compatibility and integration with existing infrastructure. Through his work in access management, he has been able to achieve quantifiable results that actively demonstrate the efficacy of the implemented solutions. Significant strides have been made in access provisioning efficiency, with automation workflows reducing the average provisioning time from 24 hours to just 2-4 hours, marking an impressive 80% improvement. Additionally, by automating manual access management tasks, such as user onboarding and offboarding, Sampath has realized substantial cost savings. This automation effort led to a 30% reduction in IT support costs related to access management, resulting in approximately $50,000-$100,000 in annual savings. Moreover, streamlined access management processes, including the introduction of self-service access request portals, have significantly increased employee productivity. This enhancement resulted in a 50% reduction in the time employees spent on access-related inquiries, allowing them to focus more on their core job responsibilities. Moving on, the implementation of access governance frameworks and automated access reviews by Talluri and his team ensured high levels of compliance with regulatory standards, such as GDPR or SOX. Achieving a 95% compliance rate in access reviews surpassed regulatory audit requirements, mitigating the risk of fines or penalties. Lastly, proactive security measures, including the implementation of access controls and monitoring solutions, have led to a considerable decrease in security incidents related to Active Directory. Notably, incidents attributed to unauthorized access or privilege escalation decreased by 70% post-implementation. These figures emphasize the efficacy of their access management initiatives in enhancing efficiency, reducing costs, ensuring compliance, and bolstering security. The future of identity management lies in hybrid/cloud solutions that seamlessly integrate on-premises AD with cloud-based identity providers like Azure Active Directory (AAD), databases, and Jira. Organizations are likely to increasingly adopt hybrid/cloud architectures to capitalize on the scalability and flexibility of cloud services while retaining control over their on-premises infrastructure. The Zero Trust security model stands to gain prominence as organizations shift away from perimeter-based security approaches, focusing instead on principles like continuous authentication and least privilege access to mitigate data breaches and insider threats. Moreover, Identity governance and administration (IGA) is set to become a focal point for organizations aiming to enhance access governance, ensure compliance, and manage identity lifecycles effectively. Advanced authentication mechanisms, including biometrics and behavioral analytics, too, are witnessing the likelihood of being adopted to bolster security in Active Directory environments, with multi-factor authentication (MFA) becoming standard practice. Through the ability to continuously learn and adapt, it will be essential for professionals like Sampath Talluri to stay abreast of evolving trends and best practices in the maturing landscape of IAM/IGA and access management. Organizations are constantly seeking ways to enhance access management and security. One solution that has gained considerable attention is the semi-custom ADSI connector. This innovative technology allows businesses to deploy an access management system that meets their specific needs and requirements. Sampath Talluri, a seasoned professional in Active Directory (AD) integration and access management, boasts a track record of notable achievements in his field, with a focus on designing, developing, and deploying custom AD integration solutions tailored to clients' specific needs across diverse industries. Talluri has managed to significantly streamline access management processes, boost user productivity, and enhance system security. His expertise in AD and access management has seen commendation and acclaim in the industry, earning him accolades for innovative solutions, exceptional problem-solving skills, and dedication to delivering high-quality results. Through effective collaboration and communication with clients, as he shared, he has succeeded in achieving high levels of client satisfaction and fostering repeat business opportunities. Additionally, he actively contributed to the professional community by sharing insights, best practices, and lessons learned through blog posts, presentations, and industry forums. Talluri's commitment to continuous learning and skill development in Active Directory, ADSI, access management, and related technologies serves to project him as a thought leader in the field who is keen to tackle new challenges and drive innovation in the industry. As a key member of the team overseeing Saviynt IGA integration and access management, Talluri played a crucial part in pushing significant changes in the processes. He shares that he was able to enable significant cost reductions by deploying improved access management processes and automation solutions. Automating repetitive operations like user provisioning and access requests decreases manual work and operating costs, resulting in greater overall efficiency. Furthermore, the use of user-friendly access management solutions has increased productivity and happiness among their employees. While shedding light on some of the more notable projects he has been a part of, Talluri talked of overseeing a multitude of significant projects within the realm of enterprise identity and access management (IAM). These endeavors include orchestrating large-scale migrations of Active Directory infrastructure to cloud-based environments, ensuring smooth transitions while upholding data integrity and minimizing downtime. He has also spearheaded the implementation of robust access governance frameworks and compliance measures, ensuring adherence to regulatory standards and industry requirements. His expertise extends to developing customized access management solutions involving the creation of tailored scripts, tools, and applications to automate and streamline IAM processes. Talluri, as a well-known phenomenon in the domain of cybersecurity, has led initiatives to enhance the security posture of the same environments, implementing advanced security controls and swiftly responding to security incidents. For reference, he worked on facilitating the seamless migration of IAM systems to cloud-based platforms such as Azure Active Directory and Amazon Web Services (AWS) , Google Cloud Platform (GCP), Human resource management system (HRMS), and REST APIs, ensuring compatibility and integration with existing infrastructure. Amazon Web Services (AWS) Through his work in access management, he has been able to achieve quantifiable results that actively demonstrate the efficacy of the implemented solutions. Significant strides have been made in access provisioning efficiency, with automation workflows reducing the average provisioning time from 24 hours to just 2-4 hours, marking an impressive 80% improvement. Additionally, by automating manual access management tasks, such as user onboarding and offboarding, Sampath has realized substantial cost savings. This automation effort led to a 30% reduction in IT support costs related to access management, resulting in approximately $50,000-$100,000 in annual savings. Moreover, streamlined access management processes, including the introduction of self-service access request portals, have significantly increased employee productivity. This enhancement resulted in a 50% reduction in the time employees spent on access-related inquiries, allowing them to focus more on their core job responsibilities. Moving on, the implementation of access governance frameworks and automated access reviews by Talluri and his team ensured high levels of compliance with regulatory standards, such as GDPR or SOX. Achieving a 95% compliance rate in access reviews surpassed regulatory audit requirements, mitigating the risk of fines or penalties. Lastly, proactive security measures, including the implementation of access controls and monitoring solutions, have led to a considerable decrease in security incidents related to Active Directory. Notably, incidents attributed to unauthorized access or privilege escalation decreased by 70% post-implementation. These figures emphasize the efficacy of their access management initiatives in enhancing efficiency, reducing costs, ensuring compliance, and bolstering security. The future of identity management lies in hybrid/cloud solutions that seamlessly integrate on-premises AD with cloud-based identity providers like Azure Active Directory (AAD), databases, and Jira. Organizations are likely to increasingly adopt hybrid/cloud architectures to capitalize on the scalability and flexibility of cloud services while retaining control over their on-premises infrastructure. The Zero Trust security model stands to gain prominence as organizations shift away from perimeter-based security approaches, focusing instead on principles like continuous authentication and least privilege access to mitigate data breaches and insider threats. Moreover, Identity governance and administration (IGA) is set to become a focal point for organizations aiming to enhance access governance, ensure compliance, and manage identity lifecycles effectively. Advanced authentication mechanisms, including biometrics and behavioral analytics, too, are witnessing the likelihood of being adopted to bolster security in Active Directory environments, with multi-factor authentication (MFA) becoming standard practice. Through the ability to continuously learn and adapt, it will be essential for professionals like Sampath Talluri to stay abreast of evolving trends and best practices in the maturing landscape of IAM/IGA and access management.

Sampath Talluri: Real-World Deployment of Semi-Custom ADSI Connector for Access Management

Systems Interoperability Types: The Conclusion to Our Tertiary Study

The System Design Cheat Sheet: Relational Databases (Part 1)

Today, I am speaking with Daniel Elsawey, CEO and Founder of Tidepay, and we'll discuss how businesses can incorporate blockchain technology to foster better engagement with their customers, suggesting a move towards more personalized, efficient, and engaging consumer experiences. We'll also discuss the potential of tokenization to redefine loyalty programs, improve transaction efficiency, and offer more versatile reward systems compared to traditional approaches. Tell Us About Yourself Daniel Elsawey, CEO and Founder of Tidepay, father of one soon-to-be two! Former Investment Banker, and now a passionate advocate for web 3.0 technologies. With a penchant for classic retro games and a commitment to HIIT training like P90x. Why Did You Start Tidepay? Recognizing a growing need to revolutionize traditional consumer engagement, I founded Tidepay to seamlessly integrate web 3.0 principles into businesses of all sizes. My vision is to empower businesses with cost-effective blockchain solutions, democratizing access to advanced technologies for enhanced consumer interactions beyond conventional rewards programs. In your view, what is the core concept behind tokenizing a business, and how does it fundamentally differ from traditional financial instruments? Tokenizing a business's consumer engagement platform expands its reach by offering diverse rewards beyond its core products or services. Unlike traditional financial instruments focused on ownership and cash flow distribution, tokenization of rewards leverages blockchain technology to enhance consumer utility and choice. How would you explain the process of tokenization to someone unfamiliar with blockchain technology? Tokenizing a rewards system involves backing traditional rewards with digital tokens, enabling users to access a broader range of offers across interconnected businesses without bureaucracy. This approach is aimed at improving the user experience and engagement within an ecosystem of complementary services. Can you elaborate on how Tidepay's tokenization model works for businesses, particularly in non-traditional sectors? Enterprise - where we customize everything for a client from the ground up and can even spin up their own protocol. SMEs (small medium enterprises) - we use our AI chatbot to ask the user questions about what they would like their rewards program to look and feel like, along with rewards, offers, and membership tiers with perks. We can even generate a logo and branding for them with a couple of prompts. We generate a token and create a liquidity pool for them and preview this to the user using our proprietary tech. Universal rewards (for businesses that want a supercharged stamp model) - we can add businesses to a universal rewards scheme where they can get better engagement and visibility in their local area to attract more business. What are the key benefits that tokenization can bring to a business? Tokenization drives heightened user engagement, fostering increased interaction and revenue streams beyond traditional purchase cycles. It enables businesses to expand their market share by delivering personalized experiences and value-added rewards, enhancing brand loyalty and consumer satisfaction. Can you discuss how tokenization might enhance liquidity for assets that are traditionally considered illiquid? Tokenization enhances asset liquidity by streamlining transactions through transparent, blockchain-based protocols. This increased efficiency reduces operational costs and accelerates the liquidity of traditionally illiquid assets, unlocking new opportunities for investment and value realization. How do you envision blockchain technology and tokenization impacting your industry in the next five years? In the next five years, widespread adoption of web 3.0 technologies will revolutionize businesses across all scales, particularly SMEs. Integrating blockchain-based consumer engagement seamlessly into everyday operations will drive consumer comfort and familiarity, offering unparalleled utility and speed in engagement. People use face recognition on their phones to unlock card payments but mostly are unaware of the tech behind it. It’s the ease of use and speed which is the selling point. How does Tidepay facilitate collaborations between different brands, especially in sectors like beverage, hospitality, and sports? Tidepay fosters collaborations between brands in complementary sectors, such as beverage, hospitality, and sports, through cross-promotional offers within its rewards ecosystem. By leveraging these partnerships, businesses enhance consumer experiences and attract new clientele, thereby increasing engagement and brand loyalty. We would like all our users to be thinking about something recreational and open the rewards app of our partners to check if there are tickets to a music event, or a football match or offers based on their membership for an exclusive weekend away. What are the main challenges or disadvantages a business might face when implementing tokenization? Implementing tokenization requires significant investment in technology, operational costs, and expertise in web 3.0 principles. These challenges can be daunting for businesses, particularly smaller enterprises. However, Tidepay aims to mitigate these barriers by providing accessible and user-friendly tokenization solutions. How can tokenization affect a business’ relationship with its customers or clients? Tokenization strengthens brand loyalty by offering consumers value beyond traditional transactions, fostering deeper connections and engagement. By diversifying rewards and cross-promoting offers, businesses can enhance customer satisfaction and perception, future-proofing their brand in an evolving marketplace. Which business sectors do you think can benefit the most from tokenization, and why? Tokenization offers benefits across various sectors, particularly businesses with longer purchase cycles seeking to boost brand loyalty and visibility. Sectors like hospitality, sports, and beverages align perfectly with tokenization's capacity to enhance consumer experiences and foster lasting relationships. Our first group of clients in hospitality, sports, and beverages fit that mold exactly. End of Interview Thank you Daniel for taking the time to speak with me and share your views and experiences within the context of business tokenization. It's not every day we get to hear such a nuanced take on these complex topics, especially from someone who's right in the thick of it all.

INTERPRICE TECHNOLOGIES

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INTERPRICE TECHNOLOGIES

interpricetech.com

11-50 employees

Since 2020

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INTERPRICE TECHNOLOGIES

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