Sphre's token crowdsale will start on April 19, aiming to raise $1.5 million to build the Air consumer product.
Identity management startup Sphre is developing Air, a secure, lightweight system for digital identity and individual microeconomic engagement based on Blockchain infrastructure. A token crowdsale is scheduled to begin on April 19, with the aim of raising $1.5 million for building the Air consumer product and introduce it to the market.
Air aims to reduce friction and improve security as a user-friendly digital identity solution for the consumers and enterprises. The technology is composed of smart contracts, Application Programming Interface (API), and a mobile application for personal use.
The API will allow third-parties to integrate support into their own systems, while the mobile app secures an individual’s private key. Users will also be able to store their key within digital vaults. The Hyperledger Chaincode (smart contract) forms the basis of the identity, and enables an individual to recover their identity if their mobile device is lost.
The developers explain that Air-based digital identities will take on a variety of forms, from the individual to the enterprise, all of which are fully owned and controlled by the creator and do not rely on a centralized entity or third party for validation. Due to its blockchain-based implementation, each user’s assets such as Cryptocurrencies are intrinsically supported. At its core, an Air-based digital identity enables the user to digitally verify an action or transaction.
Daren Seymor, Sphre co-founder, answered Finance Magnates question about the established competitors in the field: "We do not feel that we are competing with Titans such as Google and Facebook in a conventional way. Our intention is to do something completely different and provide a decentralised method of identity management that removes people from the paradigm of passive involvement and agreement due to the divided nature of the various solutions and policies so far implemented. Most users of Facebook and Google are unaware when their identity data is being used and for what purpose, and that it is of great value to these organisations (and also to other bad actors).
To extend the Titan metaphor, we aim to be Prometheus who stole the fire from the Titans and gave it to mankind. We want people to receive compensation for their participation and use of the Air Platform, and we feel that this concept is so manifestly fair that it will really sell itself."
Identity management startup Sphre is developing Air, a secure, lightweight system for digital identity and individual microeconomic engagement based on Blockchain infrastructure. A token crowdsale is scheduled to begin on April 19, with the aim of raising $1.5 million for building the Air consumer product and introduce it to the market.
Air aims to reduce friction and improve security as a user-friendly digital identity solution for the consumers and enterprises. The technology is composed of smart contracts, Application Programming Interface (API), and a mobile application for personal use.
The API will allow third-parties to integrate support into their own systems, while the mobile app secures an individual’s private key. Users will also be able to store their key within digital vaults. The Hyperledger Chaincode (smart contract) forms the basis of the identity, and enables an individual to recover their identity if their mobile device is lost.
The developers explain that Air-based digital identities will take on a variety of forms, from the individual to the enterprise, all of which are fully owned and controlled by the creator and do not rely on a centralized entity or third party for validation. Due to its blockchain-based implementation, each user’s assets such as Cryptocurrencies are intrinsically supported. At its core, an Air-based digital identity enables the user to digitally verify an action or transaction.
Daren Seymor, Sphre co-founder, answered Finance Magnates question about the established competitors in the field: "We do not feel that we are competing with Titans such as Google and Facebook in a conventional way. Our intention is to do something completely different and provide a decentralised method of identity management that removes people from the paradigm of passive involvement and agreement due to the divided nature of the various solutions and policies so far implemented. Most users of Facebook and Google are unaware when their identity data is being used and for what purpose, and that it is of great value to these organisations (and also to other bad actors).
To extend the Titan metaphor, we aim to be Prometheus who stole the fire from the Titans and gave it to mankind. We want people to receive compensation for their participation and use of the Air Platform, and we feel that this concept is so manifestly fair that it will really sell itself."
Australia Gears Up for Bitcoin ETFs: ASX Leads the Charge
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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