Xiden Developer's New CryptoDATA Project Aims to Defend the Crypto Space From Asset Losses | Crypto

Xiden Developer’s New CryptoDATA Project Aims to Defend the Crypto Space From Asset Losses

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-CryptoDATA Tech is partnering with Martoms Brothers & Co and several reinsurance companies to create a mutual guarantee fund that will provide safety for any crypto user and project that chooses its services.
-The project will be launched in September and will offer products and services that will guarantee protection against crypto losses due to hacks, scams, and bad management.
-Martoms Brothers & Co will provide insurance against total losses of up to $1 billion (in the initial stages) on selected exchanges.
-The insurance process extends to hacks, defenses for users wallets, and protection against losses suffered through potentially malicious actions.
-CryptoDATA Tech CEO Ovidiu Toma believes that the need for regulations and norms is necessary in the crypto space in order to regain users trust.
-Xiden is a blockchain alternative built for developers, that introduces a new, low-energy way of crypto mining.
-Xiden offers multiple utilities by giving users the option to use the integrated devices resources, such as storage capacity, computing power, rendering, and decentralized IPs to develop and use Apps or dApps.
-Edain, the first project developed on the Xiden blockchain, is an AI-powered knowledge-creation ecosystem designed to make knowledge accessible to everyone.
-One of the Edain teams goals is to empower all humanity to cooperate in problem-solving by developing knowledge applications that analyze unimaginable amounts of data.
-Decision Point Crypto is one of these apps; it is a sentiment analysis tool that integrates multiple indicators and analyzes large blockchain-native projects using natural language processing technology and artificial intelligence.

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