TheVault — May Updates & Developer Update #2
TheVault is an AI-powered fraud detection platform designed to be the Trust Layer for digital transactions, by preventing fraud, protecting the consumer and speeding blockchain payment processing.
Our Goal is to build “The Trust Layer for Digital Transactions”, prevent fraudulent activities on the blockchain, and guarantee protection for both consumers and exchanges.
In this update, we wish to bring our community up to speed with the latest happenings and future plans.
Bounty Token Distribution
It wasn’t too long ago when we announced and prepared for the distribution of bounty tokens.
We are glad to announce that bounty token distribution has now completed. Nearly 24 million VSS were distributed to thousands of participants who enthusiastically took part in our bounty program this January!
Thank you for helping us spread the word about our project and making blockchain transactions a step safer as we ramp up development on the technical side! We look forward to your continued support and we’ll be announcing a lot of exciting news to the VSS community in the coming future!
Tokens are already tradeable on the following exchanges:
· Coineal
For more information about our project, visit TheVault website.
May Developer Update #2
In the second of a bi-weekly series of development updates, our CTO, Jeff, will share with us more about the technical developments of TheVault platform below!
“Over the past two weeks, we have seen great progress in the development of our soon-to-be-released fraud check service, that we are developing in partnership with a major blockchain partner.
As we are ahead of schedule, we have decided to make an early beta release in July. This initial version will allow our exchange partners to upload blacklists as well as check existing addresses against previously uploaded addresses. If you operate or manage an exchange, please contact us at hello@thevaultlab.com for access. Both browser and API based access will be available.
Before the initial release, however, our demo will be available in mid-June. In the demo, you will get a first look at what the product will be. The demo will be open to all, and we will be looking forward to getting your feedback.
Finally, it seems that there is rarely a day that we do not hear of another theft from an exchange. One of the biggest, Binance, lost 7000 BTC.
The only way to fight this is through the implementation of TheVault’s AI-powered Fraud Detection Solution. Please reach out to us and learn about the benefits of early participants.”
Stay connected with us
Facebook: https://www.facebook.com/vaultfoundation
Medium: https://medium.com/thevault-foundation
Telegram: https://t.me/thevaultfoundation
Twitter: https://twitter.com/vaultfoundation
