TheKey to present its MVP on a testnet

A blockchain based identity verification technology developer TheKey has completed the development of the MVP ahead far ahead of schedule and will release the testnet on May 28
23 May 2018   927

TheKey chairwoman and CEO Catherine Lin (the most Outstanding Woman Entrepreneur in China) has announced that the development of MVP got completed way ahead of schedule (as was expected earlier). The team behind made a comprehensive internal evaluation and tested the product out. Being confident of the high quality of the work done the MVP Progress Report as well as the testnet will be released on May 28.

At the same time, the code of the MVP will be released for public review on the project GitHub. THEKEY is a blockchain based identity verification technology for securing digital identities. It uses Blockchain Based Dynamic Multidimensional Identification to store big data and built on a decentralized ecosystem. China government authorities exclusively authorized TheKey to handle Personally Identifiable Information.

At the moment of publication, TheKey market characteristics are as follows:

Average price 0.014074 USD
Market cap 64,812,057 USD
Volume (24H) 900,339 USD

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   71

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.