Crypto Stories for the Week: Adoption Continues

Crypto Stories for the Week: Adoption Continues

Crypto Stories for the Week: Adoption Continues

The holidays have mostly come to a conclusion and everyone is getting back into the swing of the satoshies.  The winter may be cold and the snow soft, but the cryptocurrency industry has not slowed down for any moment and it is as hot as ever.  We continue to see developments with regulations in sovereign nations, while private institutions find new entries into the crypto space. Fashion is diving into NFTs, while environmentally conscious investors have identified benchmarks for their support of growth and sustainability.  Crypto adoption continues strong. 

Cryptocurrency regulation is often on the agenda of governments and central banks around the world.  As reported by Decrypt, the U.S. Federal Reserve is close to releasing their “crypto report” while engaging with the public for input. Fed chair Jerome Powell has said the report will be dropped “in coming weeks.”  This will be an important development to monitor.  Remember to exercise voices and votes when the opportunities present themselves.

Fashion has been one of the most recent industries to explore possibilities with NFTs and engage first hand with their communities on various levels. Gap Inc., a popular clothing retailer, has announced their NFT collection, which will be hosted on the Tezos blockchain. Their NFTs will not only be digital collectables, but will also offer various levels of utility.  Epic-level NFTs will provide access to exclusive physical merchandise. 

Institutions continue with cryptocurrency adoption. Visa has partnered up with a blockchain tech company ConsenSys in order to develop a module to assist central banks and financial institutions to create services and applications on top of central bank digital currency (CBDC) blockchain networks.

Three factors that have become a common term that are often referred to by the crypto community and socially conscious investors are Environmental, Social responsibility, and Governance – ESG. ESG initiatives have quickly become a benchmark for many, with the main focus being on industry growth and sustainability.

Follow Sarson Funds on Twitter, LinkedIn and Facebook for the latest developments in the crypto space.

By Ivan Dimov

Crown Sterling Announces Launch of Native App & Wallet for Crown Sovereign Token

Crown Sterling App Wallet

Crown Sterling App Wallet

Crown Sterling Limited LLC announced the public launch of its native wallet and secure messaging app today. The app allows Crown Sovereign Token (CSOV) holders to store their tokens, make transfers in and out of the wallet, and access details to unlock private sale tokens. Token holders can also utilize the mail feature of the app to send encrypted messages and digital assets using the company’s proprietary cryptographic protocol, CrownEncrypt™.

“We are pleased to release the app for the wallet, our iOS mobile app is coming soon, with an Android version shortly thereafter. We are excited about our utility token, its capabilities in the app and most importantly our roadmap of future products,” said Crown Sterling Founder and CEO Robert Grant.

The Crown Sterling roadmap aims to launch an NFT collectibles feature, make enhancements to the secure messaging and blockchain state transition function, and launch new data compression technologies during 2022 and 2023. The Crown Sovereign (CSOV), a quantum-resistant utility token, enables users to participate in the secure transmission of their data with each transaction on the Crown Sterling app.

CSOV was listed on the FMFW and HitBTC exchanges in October and December of 2021. The CSOV token is backed by a quantum-resistant blockchain security protocol, developed exclusively by Crown Sterling. CSOV has been successfully engineered to be the first blockchain utility for One-Time Pad encryption, enabling secure communication, data protection and control.

“Data sovereignty has been a focus of Crown Sterling’s platform from the very beginning — something that for each of us means freedom of speech, your right to have control over your own data, and ownership of your own data. With Crown Sterling’s next- generation encryption products, digital asset investors can feel empowered to claim and protect their personal data. This feature is especially true with the launch of our new native app and crypto wallet. We put our users’ data privacy first,” adds Grant.

Sarson Funds believes that digital asset investors must keep a close eye on advancements in digital asset security. Technologies like Crown Sterling’s may inspire a new frontier of innovation for digital asset encryption and cryptography.

For questions about the CSOV token, be sure to check out the Crown Sovereign website or check out Crown Sterling’s recent AMA which answers critical questions about the details of their unique encryption solution and token utility, here.

About Crown Sterling Limited LLC

Crown Sterling is a pioneer of personal data sovereignty technologies, and is the first to implement quantum-resistant, One-Time Pad encryption as an option for a blockchain’s state transition function, which is the process flow of transactions on a network. The Crown Sovereign (CSOV), a quantum-resistant utility token, enables users to participate in the broad range of product offerings, including quantum-resistant cryptography and NFTs, as well as other future compression technologies. Crown Sterling looks forward to becoming the leading platform for data and digital asset management.

For more information, please visit https://www.crownsterling.io/.