Blockchain

Aleph Zero Joins CAMARA as the First Blockchain Organization

Brussels, Belgium, September 6th, 2024, Chainwire

 

Aleph Zero will work alongside the world’s largest telecommunications organizations to help to develop standardized blockchain APIs for the industry

Aleph Zero, a blockchain ecosystem engineered for speed, data confidentiality, and ease of development, has officially joined the CAMARA Foundation as a General Member. This strategic move marks a significant step towards integrating advanced blockchain technology with global telecommunications standards, particularly in the realm of Decentralized Identifiers (DIDs).

As a General Member, Aleph Zero will work closely with global telecom and tech leaders within CAMARA to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration will be the Blockchain Public Address API, which has the potential to revolutionize how users interact with blockchain technologies through their mobile devices.

The CAMARA Project, launched in 2021 under the Linux Foundation and GSMA, aims to create standardized APIs for telecommunications networks. This initiative is designed to simplify network complexities and provide seamless access to network capabilities across different operators and countries. A cornerstone of this effort is the Blockchain Public Address API, which was initiated in June 2023 and is currently in version 0.1.0. The CAMARA Project now includes over 230 companies – including Deutsche Telekom, stc, Vodafone and Telefónica – and 650 individual participants.

This API allows for the management of blockchain addresses associated with phone numbers, offering features such as retrieval of blockchain public addresses linked to phone numbers, and the binding and unbinding of these addresses. By utilizing blockchain public addresses as Decentralized Identifiers (DIDs), the API enables telecom service providers to offer third parties the capability to pair phone numbers with blockchain addresses, thereby simplifying transactions for end-users.

Aleph Zero’s expertise in zero-knowledge proofs and privacy-preserving technologies will contribute significantly to the further development and refinement of the group’s blockchain-related solutions.

Antoni Zolciak, co-founder at Aleph Zero, said: “The integration of blockchain technology into mainstream infrastructure is accelerating at an unprecedented rate. Forward-thinking organizations across various sectors are recognizing the transformative potential of distributed ledger technologies. We’re looking forward to collaborating with various members of the Foundation and contributing to the telecommunications APIs from a blockchain standpoint.”

Aleph Zero, known for its cutting-edge blockchain ecosystem, offers secure, scalable, and privacy-focused solutions for Web3 applications. With its zkOS and EVM Layer 2 network, Aleph Zero continues to push the boundaries of blockchain technology, focusing on privacy, scalability, and interoperability. Aleph Zero recently launched its EVM-layer, an exceptionally fast and efficient blockchain, boasting a block time of up to 250 milliseconds with near-instant transaction finality.

For more information about the CAMARA Project, visit https://camaraproject.org/

About Aleph Zero

Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via highly optimized Zero Knowledge Proofs, and offers a comprehensive toolset for development across web3 that range from WASM to EVM environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For all media inquiries, users can contact josh@serotonin.co

 

Contact

PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co

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Uzbekistan-based Ecosystem Humans Releases H1 2024 Financial and Operating Results for Humans Pay

2024-09-18T15:17:51Z

Humans Ecosystem

TASHKENT, Uzbekistan, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Uzbekistan-based Humans ecosystem brings together all payment and transfer services under the Humans Pay brand and releases financial and operating results for the Humans Pay for H1 2024.

Following the acquisition of the Maroqand LLC's payment service in 2022 (operating under the UPay trademark), all services have been fully integrated into the Humans ecosystem, providing seamless financial solutions to users across Uzbekistan. This has allowed the company to significantly increase its share in all segments of Uzbekistan’s fintech market.

In the first half of 2024 alone, Humans Pay achieved several impressive milestones:

  • Customer Growth: The number of Humans Pay users increased by 45% compared to the same period in 2023.
  • Revenue Growth: Humans Pay generated over $5 million in revenue in the first six months of 2024, which is 65% higher than in the first half of 2023.
  • Transaction Volume: The number of transactions also showed consistent growth, amounting to 60 million transactions, which is 21% more than in the first half of 2023.
  • Turnover: The Humans Pay turnover in the first half of 2024 increased by 85% compared to the same period in 2023, underscoring the growing demand for its services.

Vlad Dobrynin, CEO and founder of Humans Group

Commenting on this remarkable growth, Vlad Dobrynin, CEO and founder of Humans Group, said, “We are seeing how the convenient and accessible services of the Humans ecosystem are rapidly gaining market share. Our client base is growing, along with the service’s turnover and capitalisation, and all these indicators prove Humans' significant role in popularising cashless payments and increasing financial literacy in the country. According to Western experts, the capitalization of the Humans Pay service alone amounts to 60 million dollars today. In turn, we see prospects for further active growth of the ecosystem associated with the dynamic development of Uzbekistan’s entire digital economy.”

Due to the high demand for the payment and transfer service, the company’s management made the decision to further develop all fintech services within the Humans ecosystem under the Humans Pay brand. This strategic move aims to solidify the brand’s position as the core driver of growth within the Humans ecosystem and continue its mission of empowering users with convenient and reliable financial solutions. As Uzbekistan’s digital economy rapidly evolves, Humans Pay remains at the forefront of transforming the country’s financial services sector, ensuring that cashless payments and financial inclusivity are accessible to all.

____________________________________

About Humans ecosystem

Humans.uz is a super-app that combines financial services (Humans Pay), mobile services (Humans Mobile), and a product marketplace (Humans Market). The project was launched in June 2020 in Uzbekistan by the Humans Group, which is also developing the Humans.net employee search platform in the USA. The group’s offices are located in the USA, Uzbekistan, Poland, Singapore, and Germany.

Website: https://humans.uz/en/

Contact:
Natalia Ikonnikova
pr@humans.net

Disclaimer: This content is provided by the Humans. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/5404e971-246a-400f-8534-b75e7c90eeb3

https://www.globenewswire.com/NewsRoom/AttachmentNg/4f13e1a5-4250-4375-966d-b491ecd8da3c


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