Stratos Partners with MetaTrust Labs to Enhance Web3 Security

Monday, November 11, 2024 12:00 AM
28
Stratos Partners with MetaTrust Labs to Enhance Web3 Security cover

In a significant development for the Web3 ecosystem, Stratos has announced a partnership with MetaTrust Labs, a leading provider of Web3 AI security tools and code auditing services. This collaboration is set to enhance the security and resilience of Web3 applications by merging advanced AI-powered security measures with Stratos’ decentralized storage solutions. The partnership aims to create a robust infrastructure that not only protects data but also ensures the reliability and efficiency of Web3 applications, a crucial aspect for developers and users alike.

MetaTrust Labs, which was incubated at Nanyang Technological University in Singapore, is recognized for its innovative approach to Web3 security. The company specializes in developing advanced AI solutions designed to assist developers and stakeholders in safeguarding their applications and smart contracts. This focus on security is essential in the rapidly evolving digital landscape, where vulnerabilities can lead to significant risks. By leveraging AI technologies, MetaTrust Labs aims to create safer and more efficient digital ecosystems that can withstand potential threats.

Stratos, known for its commitment to decentralized infrastructure solutions, plays a pivotal role in this partnership. The company provides a decentralized storage framework that supports high availability, scalability, and resilience for Web3 platforms. By integrating its decentralized storage solutions with MetaTrust Labs’ AI-driven security tools, the partnership promises to deliver an unparalleled level of protection for code and data within Web3 applications. This collaboration not only enhances security confidence for developers but also contributes to the overall integrity of the Web3 space, paving the way for a more secure digital future.

Related News

Metavisio Unveils World's First Web3 Laptop with Integrated Crypto Wallet cover
20 hours ago
Metavisio Unveils World's First Web3 Laptop with Integrated Crypto Wallet
The emergence of Web3 technology is set to revolutionize the computing landscape, with European company Metavisio leading the charge by announcing the world's first Web3 laptop. Developed by its subsidiary, Thomson Computing, this innovative device will feature a built-in cold storage crypto wallet designed to securely store cryptocurrency private keys offline, thereby minimizing hacking risks. While specific technical specifications and a release date are yet to be disclosed, the laptop is expected to cater to a diverse audience, including students, gamers, and general users. The proprietary operating system, dubbed "Web3 OS," is anticipated to be completed by the first quarter of 2025, with initial support for Ethereum Virtual Machine (EVM) networks, Bitcoin, XRP, and Bittensor, and plans for future compatibility expansion. In addition to its advanced security features, Metavisio's Web3 laptop aims to gamify user engagement by rewarding users with token airdrops for completing specific tasks, contingent upon a KYC process. Pricing for the laptop is projected to range from €499 ($523) to €2,000 ($2,100), making it accessible to a wide range of consumers. Stephan Français, Founder & CEO of Metavisio and Thomson, emphasized that this laptop is designed for a future where users have complete ownership of their digital experiences, laying the groundwork for empowering the next billion users in the Web3 ecosystem. The announcement of the Web3 laptop comes amidst a surge in Web3 mobile devices, with Solana recently unveiling its Seeker smartphone, which has already garnered 140,000 presales. Other notable entries include XProtocol's Ethereum phone, XForge, and Jambo's JamboPhone 2, priced at $299 and $99 respectively. These developments highlight a growing trend towards integrating blockchain technology into everyday devices, signaling a significant shift in how consumers interact with digital assets and applications in the evolving Web3 landscape.
Matchain Partners with io.net to Enhance AI Development in Web 3 cover
20 hours ago
Matchain Partners with io.net to Enhance AI Development in Web 3
Decentralized GPU compute provider io.net has announced a strategic partnership with Matchain, a decentralized AI identity layer for Web 3. This collaboration aims to enhance AI application development within the Matchain ecosystem by leveraging io.net's GPU infrastructure. The partnership is designed to streamline the development process for Matchain developers, allowing them to focus on creating innovative applications without the complexities of managing infrastructure. Matchain, known for its AI-driven identity solutions, will utilize io.net's decentralized computing resources to support various applications, ultimately fostering advancements in AI integrations and innovations. The integration of io.net's GPU infrastructure will provide Matchain users with scalable and cost-effective computing resources. By utilizing io.net's GPU clusters, which are priced significantly lower than traditional cloud services, Matchain aims to deliver high-performance computing capabilities to its users. This partnership not only reduces costs but also enhances the speed and efficiency of AI application development. Jessie Xiao, Chief Commercial Officer of Matchain, emphasized that this collaboration empowers developers with the necessary tools to build next-generation applications while advancing the mission of AI-driven innovation in decentralized ecosystems. Furthermore, the partnership aligns with Matchain's goals to leverage blockchain technology for AI research. By integrating io.net's decentralized computing model, Matchain users will benefit from on-demand GPU resources and faster payment solutions via the Solana blockchain. This collaboration is expected to provide 1.1 million users with access to advanced tools for creating innovative AI identity-based applications, including identity and data management solutions. Both companies view this partnership as a significant step forward in the AI and blockchain landscape, offering practical solutions for the advancement of decentralized AI applications.
Roam Achieves Global Leadership in Hardware Node Count with Innovative WiFi Solutions cover
2 days ago
Roam Achieves Global Leadership in Hardware Node Count with Innovative WiFi Solutions
As of December 4, 2024, Roam has officially claimed the top position globally for hardware node count, as reported by DePINscan. Utilizing OpenRoaming™ technology, Decentralized Identifiers (DIDs), and Verifiable Credentials (VCs), Roam allows users to connect to WiFi without the hassle of multiple credentials or lengthy login processes. This innovative approach, combined with a robust community incentive mechanism and a free-to-use business model, has led to rapid user growth. Currently, Roam supports over 4 million OpenRoaming WiFi hotspots and 890,000 self-built nodes across more than 190 countries, boasting over 1.5 million registered users and an impressive average of 500,000 daily user interactions. The platform has successfully transitioned numerous traditional users into the Web3 ecosystem through its latest eSIM product, exemplifying mass adoption of Web3 applications. Roam's user growth strategy is anchored in product design, integrating Roam WiFi connectivity and eSIM services. The token-incentive model encourages users to contribute to the network's development by validating WiFi nodes, attracting traditional users to collaboratively build the WiFi network. Roam's eSIM offerings include the Roam Global eSIM, which operates in over 160 countries with an innovative Top-up mechanism to prevent data wastage, and the Add-on eSIM, which provides access in regions lacking roaming services. The introduction of Roam eSIM has significantly increased traditional user participation, pushing app registrations past 1.5 million and expanding the network to nearly 5 million global WiFi access nodes. Committed to establishing a next-generation global open wireless network, Roam employs a Physical Layer 1 (L1) approach to deliver a free, secure, and seamless user experience. By maintaining a location and time-based data ledger, Roam aims to enhance both supply and utilization growth through token incentives while promoting community-based management. This strategy reflects Roam's mission to cultivate a more open and diverse ecosystem, fostering long-term value for users. Transitioning from conventional reward systems to nurturing deeper relationships, Roam positions every user as a stakeholder in the network-building process, sharing benefits and creating transformative opportunities for the community. As a pioneer in the decentralized network landscape, Roam is set to revolutionize connectivity between devices, humans, and AI agents, paving the way for sustainable growth and a more interconnected digital future.
Crust Network Advances Technical Progress and Ecosystem Collaboration cover
2 days ago
Crust Network Advances Technical Progress and Ecosystem Collaboration
Crust Network has recently made significant strides in its technical progress and ecosystem collaboration within the Polkadot framework. Notably, the platform now supports initiating place order transactions from the Polkadot Crust Parachain, which are automatically converted into orders on the mainnet. To address the rising gas fees on Ethereum, the bridge fee for transferring $CRU from the Crust mainnet to Ethereum has increased from 10 $CRU to 30 $CRU. Additionally, a bi-directional XCMP channel has been established between Crust and Bifrost, enhancing cross-chain capabilities. The team is also testing a customized Crust IPFS image based on the latest IPFS code and exploring solutions for a non-TEE lightweight mining client. In terms of ecosystem collaboration, Crust Network is actively engaging with various projects within the Polkadot ecosystem. Although Polkadot is developing a native service for object storage, third-party services like Apillon via CrustNetwork are currently available. The launch of the Polkadot ecosystem dashboard on Token Terminal marks a significant milestone. Furthermore, GoPlausible is leveraging CrustNetwork to provide permanent, decentralized storage, ensuring data security and accessibility. The Crust Parachain has opened an HRMP channel with Bifrost, facilitating seamless data and asset transfers between the two parachains. A massive airdrop event co-hosted by Crust and other networks is also on the horizon, promising exciting opportunities for the community. Community engagement remains a priority for Crust, as evidenced by their sponsorship of offline meetups for the Chainspace Community and participation in various events, including the Global AI+DePIN Exhibition in Bangkok. Crust has also been active in promoting creative initiatives, such as an AI-generated song contest and an AI Music Video Challenge, fostering a vibrant community spirit. As Crust continues to innovate and collaborate within the Polkadot ecosystem, it is poised to redefine decentralized storage solutions for Web3, offering users trustless and user-controlled data management tools.
Roam: Empowering Digital Nomads with Seamless Connectivity cover
2 days ago
Roam: Empowering Digital Nomads with Seamless Connectivity
In the post-pandemic world, the rise of digital nomadism has become increasingly prevalent, particularly among remote workers. This lifestyle allows individuals to travel freely while maintaining their professional commitments, with locations like Aruba and Cape Verde becoming popular choices. The demand for reliable internet connectivity is paramount for these nomads, and the Roam network is emerging as a leading solution. By providing a global wireless network, Roam aims to facilitate seamless connectivity for users regardless of their location, thus enhancing the digital nomad experience. The challenges associated with traditional public WiFi networks, such as cumbersome login processes and security vulnerabilities, have prompted the development of OpenRoaming™ technology. This initiative, spearheaded by the Wireless Broadband Alliance, aims to create a secure and user-friendly WiFi experience. OpenRoaming™ allows users to connect to various WiFi networks without repeated authentication, ensuring encrypted data transmission. Despite the growing number of OpenRoaming™ nodes, which currently stands at over 4 million, it still represents a small fraction of the global public WiFi landscape, indicating significant room for growth. Roam is uniquely positioned within the OpenRoaming™ alliance as a Web3 IDP project, integrating decentralized identity technology to enhance network access for users and small businesses. With innovative solutions like the Rainier MAX60 router and Roam eSIM, the platform is rapidly expanding its user base, which has surpassed 1.5 million. Roam's community-driven approach and diverse incentive models, including Roam Points and governance tokens, are designed to foster user engagement and support the growth of the OpenRoaming™ network. As Roam continues to bridge Web2 and Web3 technologies, it is set to play a pivotal role in transforming the telecommunications landscape and enhancing connectivity for digital nomads worldwide.
MapMetrics Unveils Innovative Wallet UI to Enhance User Experience cover
2 days ago
MapMetrics Unveils Innovative Wallet UI to Enhance User Experience
MapMetrics has unveiled a revolutionary update to its wallet interface, designed to enhance user interaction with digital earnings. The new wallet not only boasts a sleek design but also incorporates practical features that streamline the management of $MMAP tokens. Users can now easily view their token balance prominently displayed, allowing for quick tracking of funds earned through various activities such as navigation drops and referrals. This clarity simplifies the user experience, making it accessible for both seasoned crypto enthusiasts and newcomers alike. One of the standout features of the updated wallet UI is the detailed breakdown of earnings. The "Today’s Earnings" section categorizes daily rewards into specific streams, including SPT earnings, navigation drops, and referral earnings. This feature empowers users to identify which activities contribute most to their earnings, enabling them to strategize effectively. For instance, if navigation drops are a significant source of income, users may choose to utilize the app more frequently during their commutes to maximize their earnings potential. Additionally, the wallet interface introduces an engaging "Invite a Friend" feature, allowing users to easily share their unique referral code and track earnings from referrals. Users earn 250 MMAP tokens for each new referral and 5% of their ongoing activity. The real-time tracking of these earnings fosters a sense of accomplishment as users see their network and rewards grow. Overall, the new wallet UI is not just a cosmetic upgrade; it enhances user experience, transparency, and opportunities for passive income, making it a game changer in the MapMetrics ecosystem.