Shanghai – CyberVein, the next generation big data and analytics company announced yet another major technological breakthrough during its Third Anniversary and a Re-branding Conference in Shanghai today. The technology company has piloted the first-of-a-kind decentralized non-fungible token (NFT) issuance platform, entitled CROSS.
With Data Analytics and Valuation Engine (DAVE) - an alliance, which enables data-driven and technology companies to utilize their resources more efficiently, the CyberVein team unveiled CROSS’ NFT auction functionality during the Renaissance Conference - a celebration of CyberVein’s three-year-long journey of technological achievements.
“During the last three years, CyberVein has continued to develop new technologies, built and tested new solutions, and created a whole ecosystem with our partners,” stated Jerry Ning, CyberVein’s China Operations Director, who’s covering the company’s activities. He continued: “We are also ever-grateful for our international communities’ support, who stood by us since 2017.”
CyberVein’s cutting-edge technology
The unveiling of CROSS - the world's first big data-backed NFT issuance platform will garner support from DAVE’s ecosystem, as more partner companies and foundations are set to join the alliance in the coming months. CROSS’ unique value proposition lies within its decentralized NFT issuance and trading capabilities. The platform sports a full-category financial derivatives option, combining the best of both, Centralized Finance and Decentralized Finance (CeFi+DeFi) worlds. As such, CyberVein’s CROSS platform’s main objective is to make data more valuable.
In turn, the DAVE Alliance sets to integrate blockchain companies, which work with other adjacent technologies, like big data, Internet-of-Things (IoT), Artificial Intelligence (AI), 5G, and cloud computing, in a bid to create efficiencies. CyberVein will combine the two initiatives by creating a pool of resources with the DAVE engine while underwriting transactions through the CROSS platform’s NFT issuance.
“While DAVE combines our existing technologies - directed acyclic graph (DAG), cloud Computing Power GPU, Federated Learning, and PISR Database, yet we are also keen to collaborate with other technology companies,” stated Jack Ge, CyberVein’s Global Ambassador. Ge said: “We look forward to achieving even greater things at scale in 2021. Together with our partners, we can make data truly valuable.”
About CyberVein
CyberVein is a technology company, focusing on the enterprise-level "blockchain + big-data" customized services. The company’s CV Technology Foundation was founded in 2017 in Singapore. CyberVein’s technology can be utilized in Smart Cities, medical and healthcare industry and other data-intensive sectors. Recently, the company launched two initiatives: the Data Analytics and Valuation Exchange (DAVE), a technological alliance, which enables data-driven and technology companies to utilize their resources more efficiently and CROSS - a first-of-a-kind decentralized non-fungible token (NFT) issuance platform. CyberVein’s CV Technology Foundation was founded in Singapore in 2017. The company’s CV Technology Foundation was founded in 2017 in Singapore. For more information on CyberVein, please visit www.cybervein.org.
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