Building the future of RWA oracle with ZK - Compression on Solana Blockchain
Decentralised
Joined November 2021
- Tweets1.1K
- Following174
- Followers5.9K
- Likes801
Sumotex 🏦 retweeted
RWA is one of the biggest opportunities this cycle.
BlackRock just launched a tokenised fund.
Tokenised assets are set to hit $10T by 2030.
If you're still sleeping on this sector, now is the time to wake up.
🧵: My ULTIMATE guide to Real World Assets (+ top altcoin picks).👇
Sumotex 🏦 retweeted
🎉 Big News from Sumotex! 🎉
We're officially a Strategic Partner in CyberSecurity Malaysia’s Collaboration Program (CCP)! 🌟
This is a step forward from our MoU signing in December 23 (link in thread).
This partnership propels us to the forefront of national blockchain innovation and cybersecurity excellence where both parties are aiming to accelerate the next wave of blockchain adoption. #Sumotex #Partnership #blockchainadoption #smtx #moon #enterpriseadoption
Read more here: medium.com/@sumotex/sumotex-…
Stay tuned to this space as we have more news to share moving forward!
Sumotex 🏦 retweeted
[Development update] Finality testing in progress. #blockchian #smtx
Sumotex 🏦 retweeted
📣Enterprise ecosystem partnership 📣
It is with great excitement that we announce our very first pivotal Enterprise partnership between Sumotex and the Blockchain Certified Institute (BCI) ( bcinstitute.io) which will be building on the Sumotex Hybrid Network as the first ecosystem enterprise, heralding a new era in blockchain education. Sumotex, a pioneer in hybrid blockchain technology, is proud to join forces with BCI as an enterprise and node adopter, revolutionize how blockchain knowledge is disseminated, certified, and secured.
Read more at: medium.com/@sumotex/ec91ee0d…
Sumotex 🏦 retweeted
🚀 Hey everyone, we've been working tirelessly on something BIG! 🛠️
Our team has been putting in long hours building our Layer 1 hybrid blockchain, and we're thrilled to share what we've been up to. Stay tuned in the next few days and weeks for some exciting announcements:
1️⃣ Release of our Yellow Paper 📑: We're about to unveil our Sumotex Yellow Paper, outlining our project's vision and technical details. Get ready for a deep dive into our tech at docs.sumotex.co/SUMOTEX_YELL….
Feel free to read and ask any questions regarding our working paper 📝
2️⃣ Development Progress 🌐: We'll provide you with a comprehensive update on the current state of development for our Layer 1. Expect insights into the progress we've made and what's on the horizon.
3️⃣ Team Expansion 🚀: We've been growing our team with top talents in the blockchain space. We'll introduce you to some new faces and the expertise they bring to Sumotex.
4️⃣ Repurposing for True Enterprise 💼: We've been redefining our direction to focus on true enterprise solutions. Discover how Sumotex is evolving to address real-world challenges.
We can't wait to share all this with you. Thank you for your support as we work diligently behind the scenes. Stay tuned for more exciting updates! 🔥 #SumotexBlockchain #BlockchainNews #YellowPaper #TeamExpansion #EnterpriseBlockchain #BUIDL
Sumotex 🏦 retweeted
New monster post: my own current perspective on the recent debates around techno-optimism, AI risks, and ways to avoid extreme centralization in the 21st century.
vitalik.eth.limo/general/202…
Sumotex 🏦 retweeted
In a Nov. 7 statement, Tokenet said it will allow firms to borrow and lend digital assets while managing collateral positions. The platform also offers risk management tools which allow institutions to mitigate counterparty risks as they would in traditional finance.
Sumotex 🏦 retweeted
🚀 Exciting News from the Sumotex Blockchain Team! 🌐🔍
1/ Hey, Sumotex community! We've reached a significant milestone in our Layer-1 Hybrid blockchain development, and we can't wait to share the details with you. Introducing our very own Sumotex Virtual Machine (SVM)! 🎉
Sumotex 🏦 retweeted
Development progress update countdown ⏰can you guess what is it ? Something to do with our Layer 1.
-Is using Ethereum Virtual Machine, EVM as the core like any other chain feasible ?
- what consensus algorithm we will be using, PoS/PoW ?
Pick your side👋
If you haven’t, Read our technical paper here: docs.sumotex.co/SUMOTEX_YELL…
Sumotex 🏦 retweeted
Sumotex and @blockworq are joining forces to build the revolutionary L1 AssetFi blockchain for enterprise!
A Memorandum of Understanding (MoU) is inked today between the CEO of Blockworq, Aden Chan (Left bottom) and CEO of Sumotex, Dexter (Right bottom) witnessed by Dato' Dr Amirudin Abdul Wahab FASc, Chief Executive Officer of CyberSecurity Malaysia and Patron of Crypto Valley Malaysia (Top left) and Mr. Effendy Zulkifly, Organizing Chairman World Blocktech Forum 2023, Executive Chairman of Blockworq Group (Top right) at the soft launch of World Blocktech Forum 2023!
Read more here on our Strategic collaboration here: lnkd.in/dRPQgiam
#Sumotex #Blockworq #L1AssetFi #MalaysiaBlockchainHub #SMTX #Tokenization #Hybridblockchain
Sumotex 🏦 retweeted
We have just applied for the first ever @LongHashX ZK cohort, supported by @zksync, @Scroll_ZKP, @LineaBuild, @taikoxyz and other partners! Join us as we accelerate the adoption of ZK tech in the Web3 space 👉 longhashventures.typeform.co… #SMTX #ETH #ZK
Sumotex 🏦 retweeted
This is simply false. Not sure if it's the journalist or the source.
To the best of my knowledge, Binance.US had in total roughly $2 billion in user funds. This number in USD equivalent fluctuates a little as crypto prices change. And declining as users withdraw due to recent news.
All user funds are accounted for, and never left the Binance.US platform (unless users withdraw themselves of course), ever.
Sumotex 🏦 retweeted
DePIN Verticals
People @SweatEconomy @HealthBlocks
Vehicles @DIMO_Network @Drife_official
Homes @React_Energy @envirobloq
Cities @helium @weatherflow @SmartPointIO
Commerce @spexigon @elumicate @DorTechnologies
Industrial @arkreen_network @GreenPower_N @RoboticsRenatus
Sumotex 🏦 retweeted
Read our article on tokenisation here!
markets.chroniclejournal.com…