Core Decentralized Technologies: Investing in decentralized and Blockchain technologies

Summary

Core Decentralized Technologies is developing blockchain-based software for mesh networks and enterprise solutions. Their software, ready for release, aims to democratize connectivity. The company has acquired a public shell for going public. They've developed a unique blockchain with high scalability, up to 10,000 transactions per second, and a smart contract functionality called Viola. They're creating an eco-friendly mesh network, 'LunaMesh,' and HD wallets. Their digital identity platform complies with financial regulations and GDPR, focusing on refugees and immigrants. They've also built a hybrid exchange for trading various assets, a payment gateway, and a banking service called Wool Money. Additionally, they're working on a decentralized settlement platform and an e-commerce platform, Toktoki, with content recognition and a stable token market.

Takeaways

• 🔗 Core Decentralized Technologies is focused on blockchain-based software, mesh networks, and enterprise solutions to democratize connectivity.
• 🚀 The company is preparing for a public launch, having acquired a public shell to go live with their software solutions.
• 🌐 Their blockchain is open-source and decentralized, allowing contributions from the public and operating without the need for internet connectivity through the LunaMesh system.
• ⚡ The blockchain can handle up to 10,000 transactions per second and features smart contracts powered by a proprietary language called Viola, which enhances security.
• 🔒 The company offers a decentralized digital identity solution that complies with GDPR and consumer protection laws, ensuring users have full control over their data.
• 💱 Core built a hybrid exchange combining the speed of centralized exchanges with the security of decentralized ones, allowing for crypto-to-crypto, fiat-to-crypto, and asset trades.
• 💳 Their payment gateway, CorPay, enables merchants to accept multiple currencies and digital assets, with an instant currency-swapping feature.
• 🏦 The Wool Money app offers a banking-as-a-service platform where users can manage fiat and digital assets, with full KYC verification integrated.
• 🛍️ TokToki, their decentralized e-commerce platform, supports peer-to-peer transactions and integrates with existing platforms like Shopify, offering global search and multicart options.
• 📽️ Core has also developed a peer-to-peer decentralized video streaming platform that provides secure, serverless content distribution and supports content recognition for e-commerce.

Q & A

What is Core Decentralized Technologies' primary focus?

Core Decentralized Technologies focuses on selling blockchain-based software mesh networks and enterprise software solutions to democratize connectivity.

What is the status of Core's software release?

The software is ready to be released, and they are preparing to go public with the software and the company after acquiring a public shell.

How does Rossi describe the uniqueness of Core's blockchain software?

The blockchain is developed in a centralized manner, allowing it to be open source. It operates on the LunaMesh system, which doesn't require internet, and it's scalable, capable of handling up to 10,000 transactions per second.

What is the significance of the VLM smart contract functionality?

VLM smart contract functionality allows for the building of centralized applications on top of a blockchain without needing internet connectivity, enhancing security.

How does the Luna Mesh network contribute to eco-friendliness?

The Luna Mesh network consumes only six watts of energy for verifying transactions and streaming information, making it highly energy-efficient.

What is the role of digital identity in Core's ecosystem?

Digital identity is the cornerstone of Core's ecosystem, providing a blockchain-based decentralized identity where individuals control their data and comply with financial regulations and GDPR.

What are the capabilities of the hybrid exchange Core has built?

The hybrid exchange offers the speed of a centralized exchange with the security of a decentralized one, allowing trading of crypto to crypto, crypto to fiat, fiat to fiat, asset securities, and commodities.

How does Core's Corpay differ from traditional payment gateways?

Corpay allows payments in any form of digital asset and also with debit cards. It utilizes instant swapping, enabling merchants to accept various currencies while only holding a few of their choice.

What is Wool Money and how does it integrate with digital identity?

Wool Money is a banking-as-a-service application that allows users to manage both fiat and digital assets. It integrates with digital identity for KYC purposes, origin of funds checks, and other security measures.

How does Core's settlement platform differ from traditional financial systems?

Core's settlement platform allows for digital settlement in 42 seconds worldwide, providing a faster and more efficient alternative to traditional systems that may require settlement accounts and longer processing times.

What is Toktoki and how does it innovate e-commerce?

Toktoki is a peer-to-peer, borderless, decentralized e-commerce platform that allows for customized stores, integration with centralized environments, and a discovery section for finding the best deals worldwide.

How does Core's video streaming platform differ from traditional platforms?

Core's video streaming platform is serverless, borderless, peer-to-peer, and decentralized. It uses digital identity for decentralized digital rights management, allowing content creators to assign rights and receive royalties through smart contracts.

What is the potential for arbitrage in Core's secondary markets?

Core is digitizing passive bonds and creating a secondary trade environment, allowing for arbitrage opportunities in fluctuating digital asset markets, which is a first in blockchain technology.