Greetings Metanaut(s)!
It’s been a productive time here at DigiCorp Labs, with everything from partnerships and products to solutions and structure developing at pace. If you missed our recent live event, read on to catch up on the summer’s key developments and get a behind-the-scenes look at what’s happening at DCL!
Key Pillars of Development
Authentication
First up, the team is leveraging existing technology stacks like DGMV-ID to develop new authentication methods. Moving away from traditional username and password systems, DGMV-ID simplifies authentication without compromising security. This shift addresses the growing concerns over the vulnerabilities associated with passwords, such as weak password choices and phishing attacks. By building our recent identity management server (DGMV-IAM) that supports both consumer and enterprise needs, especially for environments still using Active Directory, the team aims to provide a robust solution that integrates seamlessly with existing systems. The goal is to enhance security without requiring a complete overhaul, making it easier for enterprises to adopt more secure authentication methods without disrupting their current operations.
Video Conferencing
Efforts are being made to integrate secure authentication methods into DGMV-Secure Meets. The team is also working on solutions to securely store and manage video recordings, leveraging blockchain technology for immutable audit trails. This approach ensures that recordings are tamper-proof and can be reliably traced back to their origin, and addressing concerns over data integrity and security in virtual meetings. Collaborations with enterprise partners are underway to bring these features to market, demonstrating the demand for secure and reliable video conferencing tools in the enterprise sector. The platform, used during the Community Summer Update, is stable and ready for deployment, showcasing the progress made in this area.
SmartLayer
The third pillar focuses on using blockchain technology to enhance traditional IT infrastructures. This includes secure logging, tracing, and creating immutable audit trails. By working with a new partner, the team aims to implement Web3-based methodologies for securing ownership, metadata integrity, and more. This direction addresses the need for more secure and transparent data management practices, which are increasingly important as enterprises handle larger volumes of sensitive information. The use of blockchain technology ensures that data is securely logged and traced, providing a reliable audit trail that can be used for compliance and security purposes. Our emphasis will remain on bolt-on solutions for existing Web 2.0 infrastructures.
Commercial confidence
The DGMV-Edge Box solution has received a positive response following the CrowdStrike incident, and we’ve onboarded our new partner, Data Secure, to target telcos in the Indian market.
The DGMV Token
We remain committed to increasing productivity through blockchain technology, and our long-term vision for DGMV centers on strengthening our token offer for client and trading use. Right now, we’re focusing on delivering the solutions we’ve promised – this isn’t about hype, this is about creating an offer that truly empowers communities to thrive in the future Web3 multiverse.
Changes in governance
When it comes to governance, DGMV token holders are set to have voting power, with customer boards influenced by ownership too. Early investors will receive boosters as part of this governance structure, and we have plans to reward early investors and encourage new token purchases before our upcoming announcements in September and October.
What’s happening with LCX?
The aftermath of the LCX hack continues, with legal proceedings ongoing in the background. We are still in conversation with a lawyer and preparing for an additional court ruling soon.
Dates for your diary…
We’ll be hosting a Telegram-based AMA session at the end of September with members from both the DigiCorp and DigiThree teams to answer your questions. We look forward to making some significant announcements and updates then, as well as in October.
That’s it for now, so the only thing left to say is a huge thank you to our wonderful community for your ongoing support, endless encouragement and continued confidence in our team and projects. We couldn’t do it without you!
Stay tuned for more updates heading your way soon, as well as details of our next AMA session in September.
Until next time – over and out!
