The Daily Leo: Privacy and Economy of Individuals Protected by New Tech

20 days ago

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Privacy and Economy of Individuals Protected by New Tech

There is some problems we know tech solves, and we want more and more freedom and independence from third parties, even if they provide the infrastructure, that is why privacy is becoming really important online.

But some times we need more control and be able to have the help of people we trust to take good care of our interest. Let's dive into some news about these scenarios:

Mental illnesses are terrifying for both who suffer it and the people around them. It affects in various levels, including finances. Sibstar is a fintech solution tailored to aid dementia patients and their caregivers in managing daily finances. Combining a debit card with a mobile app, Sibstar offers features such as spending limits, usage location restrictions, transaction notifications, and auto top-up functionalities. Designed to prevent overspending and protect against online scams, Sibstar provides peace of mind for both patients and caregivers. Backed by Mastercard, Sibstar is currently available in the UK with plans for global expansion.

For the online user, privacy in certain aspects is very important, especially dealing with crypto and any economic activity on the Web. From this necessity surges Proton, a global leader in privacy solutions, created on 2014 in Switzerland by CERN scientists. Proton's core aim is to empower digital freedom while thwarting data exploitation and cybercrime. Notably, its hallmark feature is end-to-end encryption, ensuring secure communication channels. They acquired Standard Notes, an application with the same privacy ideals, and now the community becomes more central in the development. The apps are working on their integration. Privacy is becoming really important, and this integration is there to cover those needs.

Bitcoin, was once a very niche concept, embraced by tech enthusiasts and currently holds a status as a mainstream asset. It posses a decentralized nature, where users ran full nodes to ensure network stability. However, as Bitcoin gained value and attention, regulatory measures and centralized exchanges became prevalent, necessitating user identity verification through KYC procedures. It made necessary to built different solutions. Decentralized exchanges (DEX) offer an alternative, enabling crypto trading without KYC requirements.

For this reason, LeoDex holds a great importance for currencies like Hive, which have limited exposure on centralized exchanges like Binance. The listing of Leo token on Maya opens new avenues for crypto trading and diversification, offering opportunities to the Hive community to expand their reach.

LeoDex is the Dex through which Hive assets can be traded with the assets listing on Maya, including but not limited to Bitcoin and Ethereum. The token LEO will be the connection between Hive and Maya, and it's value has already duplicated in the last week. The opportunities there are incredible, Could we be facing an opportunity similar to when Bitcoin was available at $1 ?

Seems like we are at a good spot right now, to adopt different human focused technologies, and of course, to get into LEO! What do you think? Until next time.

InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.