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#Digital asset management platform
great-one-us · 9 months
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We are one of the top wealth management companies that provides online digital asset management to balance your wealth management and investment management.
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hugecount · 1 year
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Maximizing the Value of Your Digital Assets with a Digital Asset Management Platform | HugeCount
As the world continues to digitize at an accelerating pace, the value of digital assets has become increasingly significant for businesses and individuals alike. From photos and videos to music and documents, digital assets are the lifeblood of many organizations and individuals. In today’s age of digitalization, businesses and individuals require digital assets for almost […]
Source: https://hugecount.com/digital-assets-management/maximizing-the-value-of-your-digital-assets-with-a-digital-asset-management-platform/
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johnsmithrewind · 1 year
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GreatOne - Best Digital Assets Management Company
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We are one of the top wealth management companies that provides online digital asset management to balance your wealth management and investment management.
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Understanding digital asset management, first, involves knowing what a digital asset is. A digital asset is anything with a value that you can store digitally and has special usage rights.
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cimcondigital · 8 months
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Transforming Predictive Maintenance with CIMCON Digital’s IoT Edge Platform: Unlocking Proactive Asset Management
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Introduction
In today’s fast-paced and technologically advanced world, the need for efficient and proactive asset management is paramount for businesses to stay competitive. CIMCON Digital’s IoT Edge Platform emerges as a game-changer in the realm of Predictive Maintenance, empowering organizations to detect anomalies in advance using ML algorithms. This capability not only enables customers to plan schedules well in advance and avoid costly downtime but also provides real-time visibility into the remaining useful life of assets. In this article, we delve into how CIMCON Digital’s IoT Edge Platform revolutionizes Predictive Maintenance with practical examples of proactive asset management.
1. The Challenge of Reactive Maintenance
Traditionally, companies have been plagued by reactive maintenance practices, where assets are repaired or replaced only after failures occur. This reactive approach leads to unexpected downtime, reduced productivity, and increased maintenance costs. Predicting asset failures and planning maintenance schedules in advance is critical to ensure smooth operations, optimize resource allocation, and minimize overall downtime.
2. Empowering Proactive Maintenance with ML Algorithms
CIMCON Digital’s IoT Edge Platform is equipped with advanced Machine Learning algorithms that analyze real-time data from connected assets and machines. By continuously monitoring sensor data and historical performance trends, the platform can accurately detect anomalies and deviations from normal operating patterns. This proactive approach allows businesses to predict potential asset failures well in advance, providing ample time to schedule maintenance activities before any critical failures occur.
3. Planning Ahead to Avoid Downtime
Imagine a scenario in a manufacturing facility where a critical piece of equipment experiences an unexpected failure. The consequences could be disastrous, leading to costly downtime and missed production targets. With CIMCON Digital’s IoT Edge Platform in place, the same equipment would be continuously monitored in real-time. As soon as the platform detects any unusual behavior or signs of potential failure, it triggers an alert to the maintenance team.
Armed with this early warning, the maintenance team can plan the necessary repairs or replacements well in advance, avoiding unplanned downtime and minimizing disruption to production schedules. This capability not only ensures smooth operations but also optimizes maintenance resources and lowers the overall maintenance costs.
4. Real-Time Visibility into Asset Health
The IoT Edge Platform goes beyond detecting anomalies; it also provides real-time insights into the remaining useful life of assets. By analyzing historical performance data and asset health indicators, the platform estimates the remaining operational life of an asset with high accuracy.
Consider a scenario in a utility company managing a fleet of aging turbines. The maintenance team needs to know the remaining useful life of each turbine to plan proactive maintenance and avoid sudden breakdowns. With CIMCON Digital’s IoT Edge Platform, the team can access real-time information on the health of each turbine, enabling them to make data-driven decisions about maintenance schedules, parts replacement, and resource allocation.
5. Benefits of CIMCON Digital's IoT Edge Platform
CIMCON Digital’s IoT Edge Platform offers a host of benefits to businesses seeking to enhance their Predictive Maintenance capabilities:
a) Proactive Decision-making: By detecting anomalies in advance, the platform enables proactive decision-making, reducing reactive responses and enhancing overall operational efficiency.
b) Minimized Downtime: With the ability to schedule maintenance activities in advance, businesses can avoid costly downtime, leading to increased productivity and higher customer satisfaction.
c) Optimal Resource Allocation: The platform’s real-time visibility into asset health allows for better resource allocation, ensuring that maintenance efforts are targeted where they are most needed.
d) Cost Savings: By avoiding unexpected failures and optimizing maintenance schedules, businesses can significantly reduce maintenance costs and improve their bottom line.
Conclusion:
CIMCON Digital’s IoT Edge Platform empowers businesses to transcend traditional reactive maintenance practices and embrace a proactive approach to asset management. With the platform’s advanced ML algorithms, businesses can detect anomalies in advance, plan maintenance schedules proactively, and gain real-time visibility into asset health. This transformative capability results in minimized downtime, optimized resource allocation, and substantial cost savings. As CIMCON Digital’s IoT Edge Platform continues to revolutionize Predictive Maintenance, businesses can embark on a journey towards greater efficiency, productivity, and long-term sustainability.
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martechcube · 1 year
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Lumavate, the digital experience platform (DXP) making it easy for marketers to create powerful digital experiences, today announced the launch of its Product Information Management (PIM) solution.
Using Lumavate’s PIM, marketers no longer need to rely on countless spreadsheets of product information and disparate product files. Instead, marketers can easily create and manage all of their product data and digital assets in a centralized location. Lumavate’s PIM also provides the following benefits:
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securrencycapital · 1 year
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Digital Assets | Securrency Capital Ltd
When buying digital assets, go with Securrency Capital Ltd. SAS offers both traditional and online financial services as an institutional, full-service DeFi brokerage firm under regulatory oversight. By providing institutional and retail clients with access to various digital products and asset classes through a single, user-friendly marketplace, we hope to help them benefit from asset tokenization. 
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theambitiouswoman · 1 year
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How To Get Started Investing In The Stock Market
Educate yourself: Before investing in the stock market, it's important to educate yourself about the basics of investing, including the different types of investments, the risks involved, and how to build a diversified portfolio. There are many resources available, including books, online courses, and investment blogs.
Determine your investment goals: It's important to have clear investment goals before investing in the stock market. Are you investing for retirement, a down payment on a house, or to generate passive income? Your investment goals will help determine the types of investments that are appropriate for you.
Open a brokerage account: To invest in the stock market, you'll need to open a brokerage account with a reputable brokerage firm. Some popular options include Fidelity, TD Ameritrade, and Charles Schwab. When choosing a brokerage firm, consider factors such as fees, investment options, and customer service.
Build a diversified portfolio: Diversification is key to successful investing. By investing in a mix of stocks, bonds, and other assets, you can reduce your risk and increase your chances of long-term success. Consider investing in a mix of large-cap and small-cap stocks, domestic and international investments, and bonds with varying maturities.
Start investing: Once you have a brokerage account and have determined your investment strategy, it's time to start investing. Consider starting with a small amount of money and gradually increasing your investments over time.
WAYS TO INVEST
There are several ways to invest in the stock market, including:
Individual Stocks: This involves buying shares of individual companies on the stock market. You can buy shares through a broker or an online trading platform.
Mutual Funds: Mutual funds pool money from multiple investors and invest in a diversified portfolio of stocks. This allows you to invest in a variety of companies with a single investment.
Exchange-Traded Funds (ETFs): ETFs are similar to mutual funds, but they trade like individual stocks on an exchange. This allows you to buy and sell ETFs throughout the trading day.
Index Funds: Index funds track the performance of a specific index, such as the S&P 500. This provides exposure to a broad range of companies and can be a good option for long-term investors.
TOOLS TO START INVESTING
Online Trading Platforms: Many brokers offer online trading platforms that allow you to buy and sell stocks and funds. These platforms typically provide research tools and stock charts to help you make informed investment decisions.
Robo-Advisors: Robo-advisors are digital platforms that use algorithms to create and manage investment portfolios for you. They can be a good option for beginner investors who want a hands-off approach.
Investment Apps: There are several investment apps available that allow you to buy and sell stocks and funds from your mobile device. These apps are often designed for beginner investors and offer low fees and user-friendly interfaces.
PLATFORMS
A few popular options:
Robinhood: Robinhood is a commission-free trading app that offers stocks, ETFs, and cryptocurrency trading. It’s designed for beginner investors and offers a user-friendly interface.
Acorns: Acorns is an investment app that automatically invests your spare change. It rounds up your purchases to the nearest dollar and invests the difference in a diversified portfolio of ETFs.
TD Ameritrade: TD Ameritrade is a popular trading platform that offers stocks, ETFs, mutual funds, options, futures, and forex trading. It offers a variety of trading tools and research resources.
ETRADE: ETRADE is a popular online broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of trading tools and resources, including a mobile app.
Fidelity: Fidelity is a full-service broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of investment tools and research resources, including a mobile app.
INVESTMENT STRATEGIES
Value Investing: Value investing involves buying stocks that are undervalued by the market and holding them for the long term. This approach requires patience and a thorough analysis of a company’s financial statements and growth potential.
Growth Investing: Growth investing involves buying stocks in companies that are expected to grow faster than the market average. This approach often involves investing in companies that are at the cutting edge of technology or have innovative business models.
Dividend Investing: Dividend investing involves buying stocks in companies that pay a dividend. This can provide a steady stream of income for investors and can be a good option for those looking for more conservative investments.
Passive Investing: Passive investing involves investing in a diversified portfolio of low-cost index funds or ETFs. This approach is designed to match the performance of the overall market and requires minimal effort on the part of the investor.
Real Estate Investing: Real estate investing involves buying and holding real estate assets for the purpose of generating income or appreciation. This can include investing in rental properties, real estate investment trusts (REITs), or crowdfunding platforms.
Options trading: is a type of trading strategy that involves buying and selling options contracts, which are financial instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset, such as stocks, at a specific price within a certain time frame. Options trading can be used to generate income, hedge against risk, or speculate on market movements.
Swing trading is a type of trading strategy that aims to capture short- to medium-term gains in a financial asset, such as stocks, currencies, or commodities. Swing traders typically hold their positions for a few days to several weeks, taking advantage of price swings or "swings" in the market. Swing traders use technical analysis to identify trends and patterns in the market, and they often employ a combination of charting tools and indicators to help them make trading decisions. They look for stocks or other assets that have a clear trend, either up or down, and then try to enter and exit positions at opportune times to capture profits.
TECHNICAL ANALYSIS TOOLS
There are many technical analysis resources available for traders to use in their analysis of financial markets. Here are some popular options:
TradingView: TradingView is a web-based charting and technical analysis platform that provides users with real-time data, customizable charts, and a variety of technical indicators and drawing tools.
StockCharts: StockCharts is another web-based platform that provides a wide range of technical analysis tools, including charting capabilities, technical indicators, and scanning tools to help traders identify potential trading opportunities.
Thinkorswim: Thinkorswim is a trading platform provided by TD Ameritrade that offers advanced charting and technical analysis tools, as well as a wide range of other features for traders, including paper trading, news and research, and risk management tools.
MetaTrader 4/5: MetaTrader is a popular trading platform used by many traders around the world. It provides a range of technical analysis tools, including customizable charts, indicators, and automated trading strategies.
Investing.com: Investing.com is a website that provides real-time quotes, charts, news, and analysis for a wide range of financial markets, including stocks, currencies, commodities, and cryptocurrencies.
Yahoo Finance: Yahoo Finance is a website that provides real-time stock quotes, news, and analysis, as well as customizable charts and a variety of other tools for traders and investors.
Finviz: is a popular web-based platform for traders and investors that provides a wide range of tools and information to help them analyze financial markets. The platform offers real-time quotes, customizable charts, news and analysis, and a variety of other features.
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georgegraphys · 3 months
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2024 team sponsors recap!
this is completely irrelevant to F1 but i study and do these stuffs for a living sooo 😩😩 2023 sponsors are based on the sponsors that are there at the beginning of the season (new sponsors that join in the middle of the season will be classified as 2024's)
Mercedes AMG Petronas F1 Team:
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New sponsors: Whatsapp, Luminar (American tech company), SAP (German software company), nuvei (Canadian credit card services), Sherwin Williams (American painting company) 2024 data last update: 2024/02/14
Old sponsors that left: Monster Energy, Pure Storage (American technology company), fastly (American cloud computing services), Axalta (American painting company), Eight sleep (American mattresses company) 2023 data last update: 2023/01/07
Oracle Red Bull Racing F1 Team:
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New sponsors: Yeti (American cooler manufacturer, joined later in 2023), APL (American footwear/athletic apparel manufacturer, joined later in 2023), CDW (American IT company, joined later in 2023), Sui (American tech app by Mysten Labs, joined later in 2023), Patron Tequila (Mexican alcoholic beverages company, joined later in 2023) 2024 data last update: 2024/02/15
Old sponsors that left: CashApp, Walmart, Therabody (American wellness technology company), Ocean Bottle (Norwegian reusable bottle manufacturer), PokerStars (Costa Rican gambling site), Alpha Tauri (? no info if they're official partners or not but Austrian clothing company made by Red Bull), BMC (Switzerland bicycle/cycling manufacturer), Esso (American fuel company, subsidiary of ExxonMobil), Hewlett Packard Enterprise (American technology company) 2023 data last update: 2023/03/07
More: Esso is a subsidiary of Mobil so there's possibility they merged or something
Scuderia Ferrari:
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New sponsors: VGW Play (Australian tech game company, joined later in 2023), DXC Technology (American IT company, joined later in 2023), Peroni (Italian brewing company), Z Capital Group/ZCG (American private asset management/merchant bank company), Celsius (Swedish energy drink manufacturer) 2024 data last update: 2024/02/15
Old sponsors that left: Mission Winnow (American content lab by Phillip Morris International aka Marlboro), Estrella Garcia (Spanish alcoholic beverages manufacturer), Frecciarossa (Italian high speed train company) 2023 data last update: 2023/02/16
More: Mission Winnow is a part of Phillip Morris International. They are no longer listed as team sponsor but PMI is listed instead.
(starting here, 2023 data last update is 2023/02/23 and 2024 data last update is 2024/02/15)
McLaren F1 Team: (Only McLaren RACING's data is available idk if some of these are XE/FE team partners but anw..)
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New sponsors: Monster Energy, Salesforce (American cloud based software company, joined later in 2023), Estrella Garcia (Spanish alcoholic beverages manufacturer), Dropbox (American file hosting company), Workday (American system software company, joined later in 2023), Ecolab (American water purification/hygiene company), Airwallex (Australian financial tech company), Optimum Nutrition (American nutritional supplement manufacturer), Halo ITSM (American software company, joined later in 2023), Udemy (American educational tech company, joined later in 2023), New Era (American cap manufacturer, joined in 2023), K-Swiss (American shoes manufacturer, joined later in 2023), Alpinestars (Italian motorsports safety equipment manufacturer)
Old sponsors that left: DP World (Emirati logistics company), EasyPost (American shipping API company), Immersive Labs (UK cybersecurity training company?), Logitech, Mind (UK mental health charity), PartyCasino (UK? online casino site), PartyPoker (American? gambling site), Sparco (Italian auto part & accessory manufacturer), Tezos (Switzerland crypto company)
Aston Martin Aramco F1 Team:
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New sponsors: Valvoline (American retail automotives service company, joined later in 2023), NexGen (Canadian sustainable? fuel company), Banco Master (Brazilian digital banking platform, joined later in 2023), ServiceNow (American software company, joined later in 2023), Regent Seven Seas Cruise, Wolfgang Puck (Austrian-American chef and restaurant owner, joined later in 2023), Financial Times (British business newspaper), OMP (Italian racing safety equipment manufacturer), stichd (Netherlands fashion & apparel manufacturer)
Old sponsors that left: Alpinestars (Italian motorsports safety equipment manufacturer), crypto.com (Singaporean cryptocurrency company), ebb3 (UK? software company), Pelmark (UK fashion and apparel manufacturer), Peroni (Italian brewing company), Porto Seguro (Brazilian insurance company), Socios (Malta's blockchain-based platform), XP (Brazilian investment company)
Stake F1 Team (prev. Alfa Romeo):
???? Can't found their website (might be geoblocked in my country???)
BWT Alpine F1 Team:
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New sponsors: MNTN (American software company), H. Moser & Cie (Switzerland watch manufacturer), Amazon Music
Old sponsors that left: Bell & Ross (French watch company), Ecowatt (??? afaik French less-energy smthn smthn company), Elysium (French? American? Software company), KX (UK software company), Plug (American electrical equipment manufacturing company)
Visa CashApp RB F1 Team (prev. Scuderia Alpha Tauri):
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New Sponsors: Visa, CashApp, Hugo Boss, Tudor, Neft Vodka (Austrian alcoholic beverages company), Piquadro (Italian luxury bag manufacturer)
Old sponsors that left: Buzz (?), Carl Friedrik (UK travel goods manufacturer), Flex Box (Hongkong? shipping containers manufacturer), GMG (Emirati global wellbeing company), RapidAPI (American API company)
Haas F1 Team:
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New sponsors: New Era (American cap manufacturer, joined later in 2023)
Old sponsors that left: Hantec Markets (Hongkong capital markets company), OpenSea (American NFT/Crypto company)
Williams Racing:
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New sponsors: Komatsu, MyProtein (British bodybuilding supplement), Kraken (American crypto company, joined later in 2023), VAST Data (American tech company), Ingenuity Commerce (UK e-commerce platform), Puma (joined later in 2023)
Old sponsors that left: Acronis (Swiss software company), Bremont (British watch manufacturer), Dtex Systems (American? cybersecurity company), Financial Times (British business newspaper), Jumeirah Hotels & Resorts, KX (UK software company), OMP (Italian racing safety equipment manufacturer), PPG (American painting manufacturer), Umbro (English sports equipment manufacturer), Zeiss (German opticals/optometrics manufacturing company)
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slayingfiction · 4 months
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Navigating the World Of literary Agents
Who Are Literary Agents? Literary agents are professionals who represent writers to the publishing industry. Their primary role is to help authors sell their work to publishers. These agents are adept at understanding the market, recognizing the potential in a manuscript, and have the necessary connections within the publishing world. They act as a bridge between an author and the publisher, ensuring that the author’s interests are well-represented.
What Do Literary Agents Do?
Manuscript Assessment: Agents review manuscripts and offer guidance on how to make them more appealing to publishers.
Market Expertise: They possess extensive knowledge about what publishers are looking for and current market trends.
Submission to Publishers: Agents submit manuscripts to publishers, often knowing the right editors for specific genres.
Contract Negotiation: They negotiate contracts, ensuring that the terms are favorable for the author.
Career Management: Beyond a single book deal, agents often assist in managing an author’s career, advising on future projects and opportunities.
The Value of a Literary Agent:
Access to Major Publishers: Many large publishing houses do not accept unsolicited manuscripts and only deal with agents.
Negotiation Skills: Agents are skilled in contract negotiations, potentially securing better advances and royalties.
Industry Insight: Their insight can be invaluable in refining a manuscript and tailoring it to the current market.
Career Development: They provide ongoing career advice and support.
The Changing Publishing Landscape: The rise of self-publishing and digital platforms has undoubtedly shifted the dynamics of the publishing world. Self-publishing offers authors more control and potentially higher royalties per book. However, it also requires significant effort in terms of marketing, distribution, and sales.
Is It Still Worth Getting a Literary Agent?
Traditional Publishing Goal: If your goal is to be published by a traditional publishing house, especially a major one, an agent is almost essential.
Industry Expertise: The expertise and industry knowledge of an agent can be a significant advantage.
Time and Effort: If you prefer to focus on writing rather than the business side of publishing, an agent can be a valuable asset.
Market Access: Agents have access to markets and publishing opportunities that might be difficult to reach independently.
Conclusion: In conclusion, while the necessity of a literary agent may vary depending on an author’s goals and the path they choose to take, their value in the traditional publishing realm remains significant. They bring expertise, connections, and negotiation skills that can be crucial for a successful literary career. However, with the rise of alternative publishing routes, authors now have more options than ever, making it important to carefully consider which path aligns best with their ambitions and works.
Our Grand Opening Giveaway opens in just a few days! So exciting!
Happy Writing! :D
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sanskriti-2751 · 9 months
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What is Mutual Fund?
A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities such as stocks, bonds, and other assets. Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced.
It is managed by a professional fund manager or an asset management company (AMC) who makes investment decisions on behalf of the investors.
Mutual funds offer good investment opportunities to the investors. Like all investments, they also carry certain risks
SEBI formulates policies and regulates the mutual funds to protect the interest of the investors.
OVERVIEW OF MUTUAL FUNDS INDUSTRY IN INDIA
The mutual fund industry in India was set up through a combination of regulatory changes, legislative reforms and the entry of various market players.
Unit Trust of India- UTI was founded in 1964, which is when the mutual fund sector in India first started to take off. To mobilize public funds and invest them in the capital markets, UTI was established as a statutory body under the UTI Act, 1963. The idea of mutual funds was greatly popularized in India because to UTI.
Regulatory Framework-In India, the mutual fund industry's regulatory structure began to take shape in the 1990s. The Securities and Exchange Board of India (SEBI) Act, which established SEBI as the governing body for the Indian securities markets, was passed in 1993. Among other market intermediaries, SEBI was responsible with regulating and supervising mutual funds.
The SEBI (Mutual Funds) Regulations,1996- This regulation established the legal foundation for the establishment, administration, and operation of mutual funds in India. These regulations outlined the standards for investor protection, investment restrictions, disclosure requirements, and eligibility requirements for asset management companies (AMCs).
Introduction of Private Sector Mutual Funds: UTI was the only active mutual fund provider in India prior to 1993. Private sector mutual funds were nevertheless permitted to enter the market as a result of the liberalization of the financial sector and the opening up of the Indian economy. Many domestic and foreign financial organizations launched their own AMCs and entered the mutual fund industry.
Product Line Evolution: The mutual fund sector in India has grown and increased its product selection throughout the years. Mutual funds initially mainly offered income and growth opportunities. To address various investor needs and risk profiles, the industry did, however, offer a wider range of products, such as equity funds, debt funds, balanced funds, and specialist sector funds.
Investor Education and Awareness: Serious efforts have been made to educate and raise investor awareness in order to encourage investor involvement in mutual funds. Industry groups, AMCs, and SEBI have run investor awareness campaigns, distributed instructional materials, and supported systems for resolving investor complaints. Systematic Investment Plans (SIPs) were introduced, and this was a significant factor in luring individual investors
Technological Advancements-The mutual fund sector in India has embraced technological development, making it possible for investors to access and invest in mutual funds through online platforms and mobile applications. Investors can now transact, track their investments, and get mutual fund information more easily thanks to digital platforms.
The mutual fund industry in India has developed into a strong and regulated sector through regulatory changes, market competition, and investor-centric initiatives. The sector keeps expanding, drawing in more investors and providing them with a wide variety of investment possibilities around the nation.
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johnsmithrewind · 1 year
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https://www.great.one
GreatOne - Best Digital Assets Management Platform and Company
We are one of the top wealth management companies that provides online digital asset management to balance your wealth management and investment management.
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gracelueepao · 8 months
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Aarna Finance: Bridging Traditional Finance and Digital Innovation
Discover the potential of decentralized finance with our platform, aarna finance. Elevate your investment strategy through DeFi asset management and explore the possibilities of crypto structured products. Revolutionize your financial approach and unlock the benefits of the digital economy. Join us and become part of the evolution!
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mariacallous · 4 months
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Can you imagine what a digital white ethnostate or a cyber caliphate might look like? Having spent most of my career on the inside of online extremist movements, I certainly can. The year 2024 might be the one in which neo-Nazis, jihadists, and conspiracy theorists turn their utopian visions of creating their own self-governed states into reality—not offline, but in the form of Decentralized Autonomous Organizations (DAOs).
DAOs are digital entities that are collaboratively governed without central leadership and operate based on blockchain. They allow internet users to establish their own organizational structures, which no longer require the involvement of a third party in financial transactions and rulemaking. The World Economic Forum described DAOs as “an experiment to reimagine how we connect, collaborate and create”. However, as with all new technologies, there is also a darker side to them: They are likely to give rise to new threats emerging from decentralized extremist mobilization.
Today, there are already over 10,000 DAOs, which collectively manage billions of dollars and count millions of participants. So far, DAOs have attracted a wild mix of libertarians, activists, pranksters, and hobbyists. Most DAOs I have come across in my research sound innocent and fun. Personally, my favorites include theCaféDAO, which aims “to replace Starbucks” (good luck with that!); the Doge DAO, which wants to “make the Doge meme the most recognizable piece of art in the world”; and the HairDAO, “a decentralized asset manager solving hair loss.” But some DAOs use a more radical tone. For example, the Redacted Club DAO, which is rife with alt-right codes and conspiracy myth references, claims to be a secret network with the aim of “slaying” the “evil Meta Lizard King.”
The year 2024 might be one in which extremists start using DAOs strategically. Policies, legal contracts, and financial transactions that were traditionally the domain of governments, courts, and banks can be replaced with smart contracts, non-fungible tokens (NFTs), and cryptocurrencies. The use of anonymous bitcoin wallets and non-transparent cryptocurrencies such as Monero is already widespread among extremists whose bank accounts have been frozen. A shift to entirely decentralized forms of self-governance is only one step away.
Beyond practical reasons that encourage extremists to create their own self-governed structures, there is an ideological incentive too: their fundamental distrust in the establishment. If you believe that the deep state or the “global Jewish elites” control everything from governments and Big Tech to the global banking system, DAOs offer an appealing alternative. Conversations on far-right fringe platforms such as BitChute and Odysee reveal that there is much appetite for decentralized alternative forms of collaboration, communication, and crowdfunding.
So what happens if anti-minority groups establish their own digital worlds in which they impose their own governing mechanisms? What are the stakes if trolling armies start cooperating via DAOs to launch election interference campaigns? The activities of extremist DAOs could challenge the rule of law, pose a threat to minority groups, and disrupt institutions that are currently considered fundamental pillars of democratic systems. Another risk is that DAOs can serve as safe havens for extremist movements by enabling users to circumvent government regulation and security services monitoring activities. They might also allow extremists to find new ways to fundraise, plan, and plot radicalization campaigns or even attacks. While many governments have focused on developing legal frameworks to regulate AI, few have even recognized the existence of DAOs. Their looming exploitation for extremist and criminal purposes is something that has flown under the radar of global policymakers.
Technology expert Carl Miller, who has long warned of potential misuse of DAOs, told me that “even though DAOs behave like companies, they are not registered as legal entities.” There are only a few exceptions: The US states of Wyoming, Vermont, and Tennessee have passed laws to legally recognize DAOs. With no regulations in place to hold DAOs accountable for extremist or criminal activities, the big question for 2024 will be: How can we ensure the metaverse doesn’t give rise to digital white ethnostates or cyber caliphates?
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martechcube · 1 year
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Share Creators, a startup that makes it easier for game developers, ecommerce marketers and product designers to collaborate online and manage massive digital files, today announced it has raised a $5M Series A round led by 5Y Capital with additional funding from Foxit. Additionally, the company launched significant new releases of its digital asset management platform and project management tools for remote workforces that require advanced online collaboration.
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soon-palestine · 4 months
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Israel Buys Tech for Mass Influence Operations
Haaretz reports, “Israel has responded to its "clear loss" to Hamas on the digital battlefield by making its first-ever purchase of a technological system capable of conducting mass online influence campaigns, according to numerous sources with knowledge of the matter.
The system can, among other things, automatically create content tailored to specific audiences. The technology was purchased as part of a wider attempt by Israeli bodies, both civilian and military, to address what sources termed "Israel's public diplomacy failure" following the Hamas massacre on October 7 and subsequent war.”
“a few weeks into the war, Israel set up a "hasbara forum" comprising government agencies, offices and ministries, as well as military, defense and intelligence bodies – including the IDF, the Shin Bet security service and the National Security Council – alongside tech firms, civilians volunteer initiatives and even Jewish organizations, that meets weekly.
Officials from different bodies, including the Public Diplomacy Directorate and Diaspora Affairs Ministry, charged with countering antisemitism against world Jewry, held talks with different firms and tech providers active in various mass online campaigns. Assets are one thing, an intelligence source explains, but you also want a system for managing them.
“Mass influence systems can often get their operators in trouble, and their public exposure can severely damage their clients' credibility.”
“As a result, Israel decided to purchase an existing technology instead of risk developing one independently. A number of civilian tools and programs developed for business and political campaigns were procured: a system for mapping online audiences; a system capable of automatically creating websites, among other things, as well as content tailored to specific audiences; a system for monitoring social media and messaging platforms, and others. Thus, Israel hoped to launch campaigns that would advance Israel's core message and improve global perception.”
https://t.co/dfcZuFXJr9
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