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Home » Blog » UAE to be launch pad for global initiative to tackle massive crypto theft
UAE

UAE to be launch pad for global initiative to tackle massive crypto theft

Aisha Al Habibi
Aisha Al Habibi
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The EAU will be the proof field of what is announced as a global initiative to assume the multimillion -dollar threat of piracy and cryptometric theft with infallible biometric access for the storage and transactions of digital currencies.

The initiative launched by Serenity, a decentralized blockchain application that Champions Privacy and Security, which has had important operations in the EAU, through a new physical card for the recognition of digital fingerprints, saxorial, is aimed at the $ 40Batis estimated ETS. $ NATE $ NATE $ NATED $ ETED $ NATED $ ETED $ ETED $ NATED $ ETED $ NATED $ ETED $ ETED $ NATED $ NATED $ NATED $ NATE $ 4ATED $ NATE $ NATE $ ACHADO $ ACHADO $ ACHADO $ ACHADO $ NATE $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED $ NATED. Massive $ 147 billion by 2034.

The key characteristics of the Saxcess application, which is made available to APP Store, will include biometric access only through the verification of digital fingerprints of the card and the management of cryptocurrencies for safe storage, shipping and reception within the application.

Eau cryptocurn security

“Initially we are focused on the EAU and the surrounding countries, given their strong impulse in cryptography, digital storage and identity innovation,” said Venket Naga, CEO of Serenity, said Arab business In an exclusive interview.

“To make a strong presence in the EAU first makes strategic sense, since it is our base of operations and an ideal launch platform for the Saxor, giving the high concentration of cryptographic users of technology in the region,” he said.

Naga said that the EAU launch platform will allow the company to adjust the product with the initial feedback of the users and “climb our effective operations as we grow worldwide.”

The EAU, and the broader Mena region will be closely followed by Europe, a market where Serenity anticipates a significant demand for safe self -odial solutions such as Saxor, he said.

Serenity’s executive director said that the market opportunity that the company is looking at is massive.

“Specifically, we are looking at the global biometric identification and authentication market, which is currently valued at around $ 40 billion and is projected to reach approximately $ 147 billion by 2034.”

Naga said he firmly believed that Saxor will bring a change of security that focuses on prevention instead of recovery in the field of cyber crime.

He also revealed the company’s multichannel multichannel strategy to boost the awareness and adoption of its new application.

“This will include influence marketing campaigns with respected opinion leaders in the blockchain space, specific pay media locations and coverage coverage in the main cryptographic publications, web3 and web2 to develop credibility and buzz.

“We will also forge new strategic associations to implement massive transverse marketing initiatives that range from Ama Co-Anfitrions (Ask Me Anything) and joint promotional campaigns to products to integrate products that show the work sajas in conjunction with higher solutions.” Naga said.

He said that Serenity will aim to accelerate the adoption of the user and the broadest awareness of the Saxcess application taking advantage of the users of its partners and combining strengths.

“On the global stage, we will guarantee a strong presence by participating in the key web and blockchain events from important events in the Mena region to the International Blockchain summits in Europe to connect with the key actors in space,” Naga said.

Serenity executive director said “SaxESS” will not be just another cryptographic hardware storage wallet, since it is the first platform to eliminate passwords completely with biometric access alone.

“By positioning our eels at this intersection of biometric security and digital asset management, we are taking advantage of two high growth areas, directly addressing the growing demand for convenient security technology and future proof,” he said.

Naga said Beidens The Biometic-AOO-OCOSS function, the new application will be integrated with the Decentralized Solution and Ultra Insured Storage (SBOX) of Serenity to protect seed phrases, passwords and critical documents, providing an additional security layer.

“It Will Be an All-in-one Wallet, Supporting about 10,000 cryptocurrencies across multiple block chains, allowing users to manage all their coins and tokens in one place,” I have the app’s integrated identity verification and your itform and conures this andures are this are This Andur Andeses This Andeses This Andures Are This and Conures This and Conures This and Conures This and Your Itetes This and Your Itetes This and Your Itetes This and Conures This and your Itetos this and your Itetos this and your itetes.

In addition, each transaction or cryptographic payment will require biometric confirmation, adding an additional verification layer before any funds move, he said.

Naga said that the new application will also allow EAU users to always maintain complete control of their private assets and keys, thus avoiding the possibilities of piracy or theft.

“When addressing multiple weak points at the same time, we are providing a real property with the complete security of assets and identity through Sajas, protecting users from vulnerabilities, infractions and hacks in all areas.

“We believe that gathering all thesis capabilities on a platform will promote a strong adoption between the use of SAIA in a more safe and convenient way to administer its identities and digital assets in the biometric era,” said Serenity executive director.

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