Q3 2020 was a period of exceptional growth for California-based SyncFab. The manufacturing blockchain company added new partners and was recognized for its accomplishments on a global scale.
Per Aspera Ad Astra: Hard Work That Blurs All Boundaries
Last month SyncFab officially joined Starburst Aerospace – the world’s leading aerospace and defense accelerator with the largest aerospace innovation partnership stakeholder network. Earlier in August, former CEO of RUAG Swiss Aerospace & Defense Co. Urs Breitmeier joined SyncFab’s Advisory Board. “I fully believe in SyncFab’s vision for the industry and applaud their early efforts developing the supply chain support system of the future for space and aerospace and I’m honored to be part of the advisory team as it is a natural fit for me,” said Breitmeier in a statement.
Also last month SyncFab was chosen as a Showcase Technology Solution at the AFWERX Flagship Annual Event. To strengthen the aerospace & defense sector, SyncFab’s team was joined by USAF Veteran Jason Smith. Smith will be able to apply his experience and industry know-how to the aerospace industry sales cycle. “I help high-growth companies in the aviation and aerospace industry exceed ambitious revenue goals by employing effective consultative and solution selling techniques to win new business opportunities and grow key accounts,” he said.
And also in Q3 SyncFab was selected to showcase its solution at Move America 2020, the world’s most important mobility event, where disruptive technology and innovation drive much-needed change.
What to expect in Q4 for SyncFab
Per most recent company announcement, SyncFab will be doing a major end of the year production push while planning ahead to 2021 for New Enterprise Blockchain use case Application R&D for Aerospace and Automotive. In Q4, “the company will be synchronizing its team efforts to meet the needs of industry-wide efforts to achieve the strict end of year production schedules,” the team announced in a statement.
Additionally, SyncFab is planning a thorough website redesign and a significant upgrade to the Supplier MFG Rewards feature for greater ease of use and navigation. SyncFab also has planned new patent and trademark filings to demarcate recent industry innovations, plus a further team expansion to support operations and business development in Q4.
Elon Musk Advises Crypto Users To Secure Their Crypto Keys Properly
The crypto community has not gotten over the fact that the world’s richest man has now invested in Bitcoin and has been pretty active in the industry.
However, the community is now receiving security tips for storing cryptocurrencies from Tesla’s chief executive officer. While pointing the security of cryptocurrencies, Tesla also criticized Freewallet app, a crypto wallet for its slack in security.
He also added that crypto investors should not bother doing business with wallets that don’t provide them with private keys.
Users should store their private keys
The unique way cryptocurrencies are stored makes them not redeemable when the keys are lost. Whether the holder stores them with third-party custodians or exchanges, the owner can only claim them when they provide keys to the crypto funds.
That makes securing the keys the most important thing when dealing with cryptocurrencies. As a result, selecting the safest hot or cold wallet is a priority if users want to keep their crypto investments safe.
Elon Musk has come out to advise investors to always store their private keys personally. For a company to receive the attention of the world’s richest man is something to take advantage of to grow. However, FreewalletApp’s short conversation with Musk is a sort of negative publicity to them.
After the company engaged with Musk about a Dogecoin-related post, the Tesla founder pointed out faults with the firm.
He advised digital asset investors to stay…
Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC
The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.
The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.
Musk’s Tweets also impacted Dogecoin’s price
Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.
He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.
ur welcome pic.twitter.com/e2KF57KLxb
— Elon Musk (@elonmusk) February 4, 2021
Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.
But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…
Partnership Between Bridge Mutual & AllianceBlock Announced
Decentralized peer-to-peer discretionary digital asset coverage platform Bridge Mutual has announced a partnership with AllianceBlock. AllianceBlock is a decentralized, blockchain-agnostic layer 2 protocol bridging decentralized finance with traditional finance. The partnership will allow AllianceBlock and Bridge Mutual to provide traditional investors with a protected bridge to DeFi through decentralized coverage.
“Discretionary coverage is a very important part of our ecosystem, so we are excited to partner with Bridge Mutual and leverage each other’s technologies,” says Rachid Ajaja, CEO of AllianceBlock. “We look forward to building an ecosystem where all participants have access to the best products while mitigating the ever-present risk of smart contract failure, hacks, and the resultant loss of collateral value.”
In 2020, as much as $200 million worth of digital assets was lost in attacks on major digital asset services. Bridge Mutual’s platform gives users the option to purchase and provide discretionary coverage, reducing investors’ risk of losing funds because of theft, exchange hacks, stablecoin price crashes, exploited contracts, and other vulnerabilities in digital assets.
By using Alliance Block’s multi-pair liquidity mining platform, Bridge Mutual will be able to offer BMI token holders instant liquidity through staking and high APY rewards for a variety of pairs. Once integrated into AllianceBlock’s P2P lending platform, Bridge mutual will be able to provide coverage to investors. Additionally, Bridge Mutual is working towards…