[PRESS RELEASE – Stockholm, Sweden, October 2nd, 2024]

This marks the first investment from Chromia’s recently launched Data and AI Ecosystem Fund, which is aimed at supporting projects that utilize data in innovative ways within the blockchain space.

Chromia has announced a strategic investment and partnership with Elfa AI, an AI-powered social platform designed to help users navigate the crypto market through real-time, data-driven insights.

Elfa AI utilizes artificial intelligence to interpret large volumes of data from platforms such as X, Telegram and other on-chain data sources, streamlining the process of identifying actionable market opportunities. Users can customize signals to their unique preferences, trade cryptocurrencies directly within the app and share opportunities with friends.

Chromia’s relational blockchain architecture, which supports efficient management of large datasets, aligns with Elfa’s data-centric approach. The collaboration between the two platforms will explore ways to enhance data accessibility and transparency by leveraging Chromia’s infrastructure to allow public verification of data used within the Elfa ecosystem. Additionally, Elfa will explore integration with Chromia’s developer-friendly tools, facilitating more efficient retrieval and analysis of on-chain data for both users and developers.

The collaboration also presents longer-term opportunities for ecosystem growth, with the potential for Elfa users to create their own tools and solutions using open-source datasets stored on Chromia blockchains. Over time, as more developers and users interact with these tools, both platforms aim to advance the application of AI technology to produce actionable market insights.

Yeou Jie, Head of Business Development at Chromia, commented on the partnership:

“Elfa AI stands out because of their ability to harness AI to deliver real-time, actionable information in the fast-paced world of crypto. We believe their platform has the potential to change how users engage with crypto markets, and we see a natural alignment between their data-driven approach and Chromia’s blockchain infrastructure.”

The investment is part of Chromia’s broader strategy to support projects that enhance the capabilities of decentralized applications by improving data management and accessibility.

About Chromia

Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.

About Elfa AI

Elfa AI is a social platform powered by AI that helps users navigate the complex world of cryptocurrency. By analyzing large datasets from social media platforms, Elfa provides real-time insights and signals that allow users to make informed decisions. The platform aims to simplify how users engage with cryptocurrency data, offering a streamlined and efficient approach to staying informed in a rapidly changing market.

[PRESS RELEASE – Zug, Switzerland, October 2nd, 2024]

Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks.

Bank Pekao, Aleph Zero, and Degen House are proud to announce the launch of Archiv3, a project to tokenize and preserve Polish cultural heritage on the Aleph Zero blockchain, with digital reproductions securely stored in the Arctic World Archive (AWA). This initiative combines blockchain technology with a commitment to cultural preservation, ensuring the safekeeping of Poland’s artistic legacy for future generations.

With Archiv3, Bank Pekao becomes the first universal bank to tokenize historical art specifically for preservation purposes. This initiative follows the bank’s earlier “Unique” project, marking its role in integrating blockchain technology with traditional banking. It also highlights the bank’s ongoing commitment to modernizing its services and expanding the reach of digital assets. Notably, Archiv3 is the first project to tokenize artworks for long-term storage in the Arctic World Archive, known as the “Doomsday Library.” In its press release, Bank Pekao pointed out that the deciding factor in using the Aleph Zero blockchain has been not only its speed and security but also its attention to optimizing for a low carbon footprint and its carbon offset program.

“We have chosen Aleph Zero for their privacy-focused, top-class technology combined with sound experience in cooperation with large institutions,” says Michał Walęczak, Director of the Private Banking Strategy and Development Department at Bank Pekao S.A. “Minimal carbon footprint as well as low storage costs were also important factors in our decision-making process. Tokenization of art requires modern and flexible technology, unforced creativity and some out-of-the-box thinking; these features we were happy to find in co-operation with Aleph Zero.”

ARCHIV3 involves the meticulous digitization of masterpieces from iconic Polish artists, such as Jan Matejko, Stanisław Wyspiański, Wojciech Kossak, and others, facilitated by Degen House, the bank’s technological partner, who also managed the Aleph Zero integration. The process began with the creation of high-quality, museum-grade 3D scans using ultra-sensitive cameras, which capture every detail of the original artworks. These digital replicas were then minted as NFTs on the eco-friendly Aleph Zero blockchain, which ensures minimal carbon footprint during the process. The tokenized versions are subsequently archived in the Arctic World Archive, where they are expected to remain secure for at least 1,000 years.

The artworks in the Archiv3 collection span a range of historical periods, primarily featuring 19th-century works and select modern pieces, such as those by contemporary artist Lia Kimura. This initiative aims to preserve these treasures not only for their cultural and historical significance but also as a resource for future study, conservation, and potential virtual exhibitions.

Preserving Art for Future Generations

The Arctic World Archive, located on the remote Svalbard archipelago, serves as a highly secure data vault designed to protect invaluable cultural, historical, and scientific information from natural disasters, cyber threats, and other risks. Established in 2017, the archive uses advanced storage technology to ensure data longevity without the need for electricity or human intervention, making it one of the safest places in the world for preserving irreplaceable records.

The AWA already houses manuscripts from the Vatican Library, documentation from UNESCO and UNICEF, the entire GitHub code repository, as well as literary works by Nobel Prize laureates Olga Tokarczuk and Wisława Szymborska. Bank Pekao is the first financial institution to archive culturally significant artworks at the AWA, while doing the same using decentralized storage, setting a precedent for how blockchain technology can be used to bridge traditional art with new digital solutions.

For any enquiries about this release, please contact josh@serotonin.co

About Aleph Zero

Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero knowledge proofs, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.

For more information, users can visit https://alephzero.org/

About Bank Pekao S.A. 

Bank Pekao S.A., founded in 1929, is one of the largest financial institutions in the Central and Eastern European region and the second-largest universal bank in Poland with assets of 316 billion PLN. With the second largest branch network, Bank Pekao serves 6.9 million customers. As a leading corporate bank in Poland, it serves every second corporation in Poland. Its status as a universal bank is based on its leading market position in private banking, asset management, and brokerage activities. Bank Pekao’s diversified business profile is supported by a leading market balance sheet and risk profile reflected in the lowest risk costs, strong capital ratios, and resilience to macroeconomic conditions (Pekao proved to be the most resilient bank in Europe, ranking first in the stress tests conducted by the EBA in 2023 amongst 70 banks). Since 1998, Bank Pekao has been listed on the Warsaw Stock Exchange and participates in several local (including WIG 20 and WIG) and international indices (including MSCI EM, Stoxx Europe 600, and FTSE Developed). Pekao is one of the most dividend-paying listed companies in Poland over the past 10 years, paying out a total of approx. 20 billion PLN over a decade.

About Degen House

Degen House is a full-stack blockchain solutions provider with a proven track record of collaborations spanning major CEE banks and top global blockchain ecosystems. The company offers comprehensive end-to-end solutions, from strategic consulting and product development to targeted marketing and sales.

[PRESS RELEASE – Dubai, UAE, October 2nd, 2024]

SafeWallet, a leading non-custodial cryptocurrency wallet, has released an updated version of its app. This release enhances functionality and security, allowing users to manage digital assets more effectively. Trusted by thousands.

What’s New in SafeWallet?

The updated SafeWallet brings a number of improvements and new features. The application supports the most popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tron (TRX), and many other tokens. They constantly expand the list of supported assets, adding new tokens as they become popular. The app also includes smooth animations that improve user experience, making asset management more intuitive and visually engaging.

One of the key updates is the addition of new tools for asset management. Users can now track their investments, analyze current rates and forecasts, and perform Ethereum blockchain exchanges with minimal fees. SafeWallet is integrated with leading decentralized exchanges, allowing users to trade cryptocurrencies without trusting their assets to centralized platforms.

Convenience and Usability

SafeWallet is designed for both beginners and experienced users. The app now offers customizable features: users can manage token displays, change token order, address placement, and even rename tokens, tailoring the app to their preferences.

SafeWallet provides users with the ability to flexibly manage the appearance of the application. On the token homepage, users can enable or disable token displays, change their order, manage the placement of addresses within each token, and even rename them. This makes the app experience highly customizable, allowing each user to tailor the interface to their preferences.

Additionally, SafeWallet makes cryptocurrencies accessible to everyone, regardless of knowledge or experience. The company is actively developing educational materials to help users better understand how blockchains, tokens work, and how to safely use these technologies in everyday life. The app includes detailed instructions and tips for working with cryptocurrencies, making it an ideal choice for beginners.

SafeWallet offers users a unique feature to generate personalized addresses on the TRC-20 network. When creating an address, users can choose the last three characters, making their address unique and memorable. This not only adds an element of individuality but also provides a convenient way to identify wallets during transactions.

Security and Privacy

Security is SafeWallet’s top priority. Unlike other wallets, SafeWallet does not require KYC, allowing users to remain anonymous while fully controlling their private keys. This prevents third-party access and ensures privacy.

SafeWallet uses advanced encryption to protect data and transactions, minimizing risks associated with cryptocurrency theft or loss. The application is continuously evolving, with the team regularly introducing new technologies to further enhance user security.

Support and User Interaction

The SafeWallet team is committed to providing top-notch customer service. Users can rely on round-the-clock support via chat and email. In case of any questions or issues, the support team will promptly resolve them, which is especially important for those just getting started in the world of cryptocurrencies.

SafeWallet is also building an active user community, giving them access to forums, discussions, and the latest crypto news. This allows users to stay up to date with the latest trends and events in the digital asset world while sharing their experiences and knowledge.

Additionally, SafeWallet has integrated Wallet Connect, which allows users to easily connect to decentralized applications and interact with DeFi services directly from the wallet, simplifying the process of working with various blockchains and platforms.

SafeWallet’s Future Plans

SafeWallet is actively working on further development and plans to introduce even more features in the near future. Planned improvements include expanded support for additional cryptocurrencies, the ability to use multi-signatures to enhance transaction security, and integration with decentralized financial tools (DeFi).

The company also plans to introduce new market analysis tools that will allow users to make more informed decisions about managing their assets. SafeWallet aims to become not just a storage wallet for cryptocurrencies, but a full-fledged platform for interacting with the financial products of the next generation.

Secure Solution

SafeWallet strengthens its position as a trusted, non-custodial wallet. With each update, it becomes more functional, providing full control over assets and reducing risks from centralized platforms. Through innovation and constant improvement, SafeWallet remains a reliable solution for secure cryptocurrency management.

About SafeWallet

SafeWallet is an innovative non-custodial cryptocurrency wallet that offers users full control over their digital assets. The wallet supports a wide range of cryptocurrencies and allows users to securely conduct transactions without third-party involvement. SafeWallet was created with the goal of providing a simple and reliable tool for anyone who wants to manage their crypto assets safely.

Website – https://safecryptowallet.io

X – https://twitter.com/intent/follow?screen_name=safewallet_io

Telegram User – @SafeWalletCommunity