Core Blockchain acknowledges the incredible contributions of the Orb i2 miners, which have actively been mining for almost three years since May 2022. These devices have played a crucial role in strengthening the network and decentralizing mining operations.

For the past two years, CoDeTech has fully covered the hosting and maintenance of these miners, providing their owners with 100% of the benefits. This commitment has ensured optimal uptime and seamless operations, all at no cost to the owners. However, as the factory warranties have now expired, we have been encountering frequent hardware failures, requiring daily maintenance visits to the hosting premises. This situation has become increasingly unsustainable and costly to maintain.

Next Steps for Orb i2 Miners

🔹 Shutdown & Maintenance: Given the ongoing operational challenges, we have made the difficult decision to shut down the Orb i2 miners within the next day or two.

🔹 Refurbishment & Cleaning: Nearly 2,000 Orb i2 devices will be sent to a service provider for a thorough cleaning and repair to ensure they are in optimal condition before being shipped to their owners.

🔹 Shipment Preparation: Once the service provider completes the maintenance process, we will prepare the devices for shipment and provide frequent updates on the logistics process.

🔹 Future Plans & Opportunities: In the coming weeks, we will share several exciting options for your Orb i2 devices, focusing on how they can contribute to the Core Blockchain ecosystem or be integrated into the Lunaº Mesh network.

What This Means for Orb i2 Owners

✅ Your miner will undergo professional maintenance to ensure long-term functionality.
✅ We will provide updates on shipment timelines once the servicing is complete.
✅ You will receive details on alternative ways your device can be utilized within Core Blockchain or Lunaº Mesh.

While this marks a temporary pause in Orb i2 mining operations, it also paves the way for new opportunities and potential enhancements for your devices. We appreciate your patience and continued support as we navigate this transition.

For further updates, stay connected via our official channels.

About Core Blockchain
Core Blockchain remains committed to building a secure, decentralized, and efficient network. Through continuous innovation and strategic improvements, we strive to create lasting value for our community.

Major Update: Orb i2 Miners Transition Plan Released was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

As we draw closer and closer to the end of 2024, the VEGA NFTs are becoming more and more of a hot topic in our community. And, after two years of providing utility and value to its holders, we are proud to announce that the team is ready to unbundle the VEGA NFTs with the rest of the Christmas presents this year.

A small refresher for those unfamiliar with the VEGA NFT project:

The VEGA NFT project has been a game-changer in the world of blockchains, showing how NFTs can go beyond digital art to offer real utility and value. Launched over 2 years ago, these innovative NFTs gave their owners exclusive rights to mine Core Coin (XCB) on the Core Blockchain and earn Core Token (CTN) rewards. Unlike traditional NFTs, VEGA NFTs were all about functionality and letting holders actively take part in a growing blockchain ecosystem.

Over these past two years, VEGA NFTs didn’t just perform — they exceeded expectations. The rewards still keep flowing, even extending far beyond the original timeline. While new regulations meant these NFTs couldn’t be traded on the Ping Exchange, the project stuck to its core mission: rewarding its community. This project has been a bold step forward, showing how NFTs can combine technology, utility, and financial growth.

So, how will the VEGA NFTs be distributed?

The VEGA NFTs will be distributed directly to the Ping Exchange accounts of all VEGA NFT owners without any additional inputs or actions from the user. However, there are a couple of things you should keep in mind:

1. Edit your PoDE Store email address for the address that you are using in the CorePass application and on Ping Exchange. If you have a registered Ping Exchange account, please make sure your PoDE Store email address matches with the Ping Exchange account.
2. You can see your ordered VEGA NFTs in the PoDE Store client area: https://pode.store/clientarea/services/starburst-nft/
3. You need to have a registered and functional Ping Exchange account, which you can create via the CorePass application. After doing the KYC procedure, you will have an active account.
4. The email you use to verify this account needs to be the exact same email you used to purchase the VEGA NFTs in the first place. (The one you used to create your PoDE store account)
5. In case your email is different in the PoDE store, you can change it in the pode store under your profile settings.
6. Wait for the distribution.
7. After the distribution has taken place, you can click in the top bar to unbundle your NFTs.

As the journey of the VEGA NFTs reaches its final chapter, it’s clear this project has been a standout story in the blockchain world. From redefining what NFTs can be to delivering consistent value to its holders, VEGA NFTs have set a benchmark for innovation and utility. Now, with the distribution process streamlined and rewards ready to flow, this marks not just the end of the project, but the beginning of a legacy for utility-driven NFTs.

As we unwrap our Christmas gifts this year, VEGA NFT holders can celebrate the rewards of their vision and patience. Here’s to the community that made this groundbreaking project possible and to the bright future of blockchain technology. Stay tuned for the next exciting chapter, and let’s continue building the future of the Core Blockchain Ecosystem together!

The Unbundling and Distribution of VEGA NFTs was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Core Community,

We’re thrilled to share an important update with you, one that marks a significant step forward in enhancing your CorePass experience, especially for our Japanese users. After extensive collaboration with our service provider, we’ve resolved the transliteration issues from Japanese to English. This update is all about making your experience smoother and more efficient.

The Issue We Faced:
We identified transliteration challenges affecting our Japanese community members, impacting the accuracy of document translation within CorePass. We’ve worked tirelessly with our service provider to address these issues.

The Plan to Rectify the Situation:

The resolution will be in effect from Monday, January 15 at 6 PM GMT+9 (Japanese Time). It involves a few critical steps on your end, which we’ve outlined below.

Your Assets Are Safe:

Before we delve into the process, we want to assure you:

- Your trades, profile, data, XCB, CTN, and other coins are secure, adhering to stringent security measures.

- You will not lose any funds currently in your possession.

- Your trade and withdrawal history will remain intact.

- Your Core ID will stay the same.

Preparations:

1. Seed Phrase: Ensure you have your Seed Phrase written down. You’ll need it to recover your account. If unsure, find it in the Settings, accessible via your PIN Code.

2. Close Open Trades on Ping Exchange: To avoid disruptions, close all open trades. You won’t be able to do this once the process starts.

3. Timing: The platform will be inaccessible during the update. To minimize impact, we advise going through the process as soon as it becomes available after the specified start time.

4. Do Not Start Early: Begin the process only after Monday, January 15, 6 PM GMT+9.

The Process:

1. Account Deletion/Reinstallation: Go to settings and delete your account or reinstall the application.

2. Account Recovery: Upon return, opt NOT to recover your account. Instead, choose to recover with your Seed Phrase.

3. Seed Phrase Input: Enter your Seed Phrase.

4. Document Verification: Your account will now contain Vouchers for previously verified documents and information, free of charge. Verify these anew.

5. Wait for Minting: Allow time for your documents and information to be minted.

6. KYC on Ping Exchange: Log in and complete the new KYC process.

7. Compliance Approval: Give our officers time to approve your recovered account.

Reassurance:

We guarantee that all digital assets, trading, and withdrawal histories are safe and linked to your CoreID. They will be immediately accessible post-completion of the process. This update is designed to enhance your experience while maintaining the utmost security and integrity of your data.

​​It’s important to understand why this process is essential. In blockchain technology, once data is entered, it cannot be deleted — this immutability is what ensures the reliability and trustworthiness of the system. However, when updates or corrections are necessary, as with our transliteration issues, the original data cannot simply be erased. Our solution involves rendering the old data invalid and replacing it with corrected information. This step is crucial for maintaining the integrity of our system and ensuring the accuracy of the data on the blockchain. By following these steps, you are playing a key role in enhancing the CorePass experience, contributing to the strength and efficiency of our ecosystem.

We’re excited to bring you these improvements and thank you for your ongoing support and understanding. Here’s to a smoother, more efficient CorePass experience!

This process only applies to Japanese users!

Warm regards,

Your CoDeTech Team

Exciting Update for Our Community: Streamlining CorePass with Enhanced Japanese Transliteration was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Early Adopters,

As we are getting closer to the upcoming launch of CorePass and Ping by the day, we would like to inform you of the important steps to take regarding the claiming process of the Early Adopter NFT.

We will guide you through the process step by step to ensure you are ready to claim your NFTs and your Core Tokens.

The process unfolds as follows:↘️

1. Download the live mainnet version of the application and create a new account. If you have previously installed a testnet version of the app, make sure to uninstall it first. It is not necessary to recover your old testnet account.

Attention! A change in the process❗️

As a result of improvements in the CorePass application, it is no longer necessary to recover your account using your SEED phrase and PIN code that you used in the first phase of the Early Adopter campaign, as initially stipulated. From now on, your email address will serve as your main identifier!

2. Verify the same email that you have used to receive the QR code for claiming your Early Adopters NFT.

3. Do a KYC on your Identity Document.

4. Do a KYC on your Proof of Address.

5. Log in to Ping Exchange and register yourself to unlock trading.

6. Deposit one of the following cryptocurrencies to a minimum value of $250:

• BTC
• LTC
• ETH
• USDC

7. Perform at least 2 trades with a minimum value of $100 on either the Core Coin (XCB) or Core Token (CTN) market.

Core Token (CTN) rewards will be distributed to everyone’s Ping Exchange wallets who have completed all the necessary steps:

• Successfully completed their KYC,
• Verified contact information in the CorePass ID App,
• Deposited $250,
• Performed their first trade on the specific markets to the value of $100.

The process will be available to complete during a 14-day period, starting the day of the initial Ping Exchange and CorePass ID release. This period will automatically start on the same day as the releases of CorePass ID and Ping Exchange. After this period has passed, you will receive your NFT in your CorePass and your Core Tokens in Ping Exchange.

The last step to the technology of tomorrow and becoming one of the pioneers of blockchain is yours to take. Finish the process to become an Early Adopter and walk into the future with us.

Early Adopter Stage 2 — Claim your NFT and Core Tokens on Ping was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Token Holders,

CorePass and Ping Exchange are about to be released! Those who participated in the pre-sale will have the opportunity to claim their Core Tokens. Below, please find a few simple steps, once Ping Exchange is live, to claim your Core Tokens.

Instructions:

1. Register on CorePass and do your KYC and Proof of Address:

a. ID document, Passport, Drivers License, or Residency Permit

b. Proof of Address not older than 3 months (Bank statement, Tax bill, Utility bill, Credit card statement, and others)

c. Email address ‒ Make sure to use the same email address that you used in the Core Token pre-sale.

• Should you no longer have access to your original email, please contact the support team at contact@coretoken.net.

2. Buy a minimum of 10 CHF in CTN and 2 CHF in XCB for your data exchange.

3. Register on Ping Exchange using the CorePass application. Please be sure to follow all steps required on the Ping Exchange platform to unlock your trading.

4. A pop-up window will appear prompting you to claim your tokens. Should you close or misclick and the window disappears, you can always initiate the process in the top bar to claim your tokens.

5. Once you claim your Core Tokens, they will be automatically deposited into your Ping Exchange portfolio.

🌐As the Core Ecosystem is about to start, the Core Tokens will open a whole new world of opportunities and use cases coming on board.

How to Claim Core Tokens from Pre-sale on Ping Exchange was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

Highlighting the progress in the upcoming release of Ping Exchange and CorePass ID, encompassing both recent accomplishments and forthcoming advancements.

Dear community,

We are pleased to update you on the significant progress achieved in multiple areas of our development over the period of the past month.

Acknowledging the unfortunate slight delay in the ultimate release of CorePass ID and Ping Exchange is a challenging subject to tackle, albeit necessary to maintain transparency. While we sincerely apologize for any inconvenience this may have caused and empathize with the community’s understandable frustration, it shall be acknowledged that the primary factor impeding the release is presently beyond our control.

That being said, let us delve into the primary reason behind this delay and dissect the remaining adjustments necessary to ensure a flawless launch.

Current iOS Situation with Regard to CorePass🔄

Below, find updates on the status of the CorePass ID app approvals. While the Google Store approval remains in place, the iOS store has presented our developers with a considerable volume of feedback, which they’ve been diligently addressing.

We understand that the iOS team prioritizes user experience and UX/UI, and while this is commendable, it has inevitably slowed down progress for other teams and the ultimate releases of CorePass ID and Ping Exchange.

However, our initial stance still holds true. We’re committed to ensuring that the app is accessible to the entire community. Releasing it to only one platform wouldn’t be equitable for users and potential traders, given that accessing Ping Exchange is contingent on CorePass login. Given the extensive revisions requested by the iOS Store, we’re preparing a resubmission, which we anticipate will be submitted within approximately a week’s time.

The tweaks required for the application will also result in submitting an update for the Google Store, which is expected to grant approval rather smoothly, yet could prove to cause an extra day’s delay. Naturally, this process is of great importance to ensure that both the iOS and Google Store versions of the app are identical.

Due to the confidentiality of information exchange with iOS, we cannot specify the issues and subsequent changes, but we can bring you a general list of the tweaks to the CorePass ID application and developer updates:

• Fixed an issue in P2P communications that caused errors in P2P data transfers.
• Fixed image flicker problem in the document detail images page.
• Appropriated checks for document validity from multiple single requests to a batch request.
• Added English transliterations to document full names and address details.
• Changed the name of the field “state” into “division” to be compatible with different countries.
• Renamed “friends” to “contacts” to reflect the tone of the application.
• Added PDF support for POA.
• Added compatibility for the new connector.
• Added DateTime check for the app.
• Fixed a bug that caused data to be saved multiple times.
• Fixed showing insufficient funds at the bottom sheet.
• The application has also now been translated into a multitude of languages, which currently include: Slovak, Czech, German, Dutch, Turkish, Chinese (traditional and simplified), Japanese, Italian, French, Hungarian, Spanish, and Russian.
• Languages currently being translated or in translator negotiations entail Portuguese, Brazilian Portuguese, and Finnish.

Advances in Ping Exchange Alpha✅

On a more positive note, the delays and proceedings with the iOS Store allowed our developers to perfect the Ping Exchange platform and bring forth several updates:

• Compliance verification steps for the users now include different tiers of users and document verification flows.
• A compliance dashboard has been utilized for the compliance officers.
• The ability to transfer funds between Ping accounts has been added.
• Notification services have been tweaked to notify specific users. Prior notifications were only used for notifying users of approving signatures.
• Increased load handling on the market data to be able to handle thousands of users per second.
• Infrastructure changes to make the system more reliable and scalable.

Testing Statistics

Apart from the technical advances on the platform, the testing of the general public has been continuing, bringing astonishing results.

Thus far, the statistics confirm 103K of total executions and 45.2K of total trading orders initiated on the platform. 33.9K trading orders in total have been successfully completed and 10.1K canceled. At the moment, we have also registered 743 working orders. 568 trades have been rejected.

The top five markets are represented by XCB/CTN emerging as the leader of the chart with 22.7K orders, followed by the XCB/USDT market with 20.2K orders finished. The 3rd, 4th, and 5th places are occupied by, respectively, CTN/USDT (526 orders), CTN/ETH (473 orders), and XCB/ETH (470 orders).

The majority of the transfer types have been Deposits with 92.56%.

Core Ecosystem and Developers’ Performance🚀

To those of you who like to dip your toes into technical matters and development, we are bringing some very exciting numbers about the Core ecosystem, showcasing the active participation of the team on the numerous projects.

The monthly statistics indicate all project activities, especially Ping, CorePass, and Ting (which are the most active projects).

Within the past twelve months, the team has recognized 4,991 merge requests. Merge Requests show monthly developers’ activity on shipping new features and bug fixes to the different environments on all projects (for instance, the new NFT purchasing mechanism in CorePass or fixing UI issues in the Trading WebApp of Ping).

CI/CD Pipelines show numbers of new deployments on different environments, such as the new version of the notification service of Ping in the Testnet environment. Within the past year, there have been 15,001 of them.

CI/CD Jobs, of which there have been a staggering 63,532 in the last twelve months, show the cumulative number of jobs in said pipelines. Due to the complexity of environments for building and deployment, we put multiple Jobs in pipelines (for example, the CI job of building a new version of the login service in CorePass or the CD job of deploying it).

Scrutinizing Content, Company Testing, and Merchandise👕

Getting Our Websites Ready

Our team has been tirelessly engaged in an extensive review of various Core websites and their content, diligently ensuring that every detail is meticulously dissected. This dedicated effort aims to guarantee that not a single error escapes our attention and that the websites are optimized to be as responsive as possible.

Moreover, our team is implementing a comprehensive quality assurance protocol to assess the performance across different devices and platforms. This multi-faceted approach ensures that the websites perform optimally regardless of the user’s chosen device or browsing environment.

In addition to error-checking, we’re also working diligently to enhance the accessibility features of the websites. This includes fine-tuning aspects such as font sizes, color contrasts, and navigation options to ensure that all visitors, regardless of their specific needs, can engage with the content effortlessly.

Going into the Biggest Worldwide Internal Testing of CorePass and Ping Exchange

In terms of the ultimate release, we’re pleased to share that the entire office along with the employees around the world is gearing up for a meticulous evaluation of both the application and the exchange. This comprehensive final testing phase has already started this week.

The testing will consist of two stages, the first internal testing will take place with the participation of all employees based in the CoDeTech headquarters. The next round of testing will be more extensive and global, in which hundreds of developers, designers, analysts, and other Core team members will participate.

The scrutiny has already begun with a rigorous examination of CorePass, which involves subjecting every aspect of the application to a battery of tests, encompassing usability, security, and compatibility with a range of devices and operating systems.

Subsequently, our focus will shift to the evaluation of Ping Exchange, applying the same exacting standards of scrutiny. This phase aims to ascertain that the exchange platform operates with utmost efficiency, providing users with a reliable and user-friendly experience.

With this comprehensive testing initiative, we’re taking every measure to ensure that our offerings meet the highest standards of quality and reliability before they reach your hands.

Preparing Merchandise

We’re delighted to have shared that XCB and CorePass will soon have their own exclusive merchandise, featuring unique designs crafted by our talented design team.

Furthermore, we extended a special opportunity to our community members, allowing you to have a say in the selection of designs that will adorn T-shirts, hoodies, hats, and other yet-to-be-revealed clothing items. Your input has played a pivotal role in shaping the distinctive look of these merchandise pieces, creating a tangible connection between you and our innovative products.

Thank You

We are immensely grateful for your unwavering support and patience throughout our journey. We can assure you that we are doing everything in our power to sail this ship to the shore. Together, we are shaping a future where seamless authentication and dynamic exchange are at your fingertips.

We will bring you further updates heading up to the release on our social media platforms. We also aim to announce the final release date within the next few weeks.

Progress Report — CorePass, Ping, Testing Stats, and More was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear VEGA NFT Owners,

One year has passed since the initial introduction of the VEGA NFT. This pioneering non-art NFT is distinguished by its technical sophistication, which has granted its owners the exclusive and distinct rights to mine Core Coin (XCB) on the Core Blockchain, along with ownership of the Core Token (CTN).

The first mined XCB was paid to the XCB HODL Pool on 9/26/2022, a collective pool of rewards in a steady production of coins with a cumulative hashing power of 1.5 Mh/s.

In accordance with the initial contract, as the current year draws to a close and the VEGA NFT approaches its expiration, the anticipation of the final payouts heightens. Beginning shortly, the XCB and CTN rewards will be sent to your specified wallets.

Read on to find out the conditions and instructions for the distribution.↘️

An Amazing Performance💥🚀

The performance has met and exceeded expectations in its yearly run, resulting in selling out all the 2,000 pieces of this unique technical non-fungible token.

Some note-worthy statistics entail a collective reward of more than one million XCB mined in the XCB HODL Pool, with the numbers still growing as we speak. The collective reward will be distributed among the owners along with the 2,500 CTN reward.

Moreover, the asset’s valuation has seen an impressive surge of 73.7%, ascending from its initial price of 650€ to 1129.2€.

With this amazing performance, we are now entering the distribution stage.

The Distribution💫

The distribution of VEGA NFT rewards will be initiated once both the CorePass ID application and the Ping Exchange platform have officially been launched.

Given that the application and the platform have not been released thus far, proper mechanisms for compensating for the slight delay have been put in place. As the rewards are tightly locked in the XCB HODL pool, as per the initial contract, the management has decided that the NFT rewards keep being paid out until the eventual day of the launch, resulting in a higher amount of mined XCB per owner. The Core Token portion of the rewards shall, likewise, be paid out upon the platforms’ release.

Once the platform release date has been officially announced, which should be in the coming weeks, the VEGA NFT holders will be informed of how to claim the rewards through the Ping Exchange, with a step by step walkthrough of the process.

A Change in Trading Options (NFT as a security)❌

We believe you are aware that, over the past year, in a few selected jurisdictions, there have been notable shifts in global crypto and NFT trading regulations. For the sake of the safety of the Ping Exchange and its license, we have decided not to trade the VEGA NFT on the Ping Exchange with specific consideration to our community and any other participants in the project.

As a consequence, due to regulatory, compliance, and legal opinions, the non-fungible token will not be accessible for trading on the Ping Exchange and will not be featured on the platform.

The rationale arises from the fact that selected jurisdictions categorize NFT assets as securities. In adherence to the most current regulatory framework, the exchange is presently unable to list this type of asset.

Therefore, in order to mitigate any potential risks to both the exchange and its users, a decision has been reached to revise the initial trading conditions for this asset and disable the option for trading. This does not, however, apply to the unbundled XCB and CTN that the NFT owners will receive. The two Core Blockchain currencies shall be tradable freely as soon as the rewards are released.

Final Words✅

The release of CorePass ID and Ping Exchange is on the right track, having successfully met all regulatory prerequisites and achieved full compliance. The final preparations for the release are currently underway.

Upon the platform’s debut, VEGA NFT distributions will be promptly facilitated according to the steps that will be provided to the VEGA NFT holders.

Thank you.

VEGA NFT — Finishing the Orbit was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

CoDeTech, a software and mesh network communication solution provider, announces a partnership with The Nemesis, a leading next-generation VR/AR/Open World Metaverse platform. A crucial part of this cooperation consists of The Nemesis integrating CoDeTech technology, with the main focus laid on the CorePass ID application, NEMS token listing on Ping Exchange, and future Luna Mesh connectivity.

A New Dimension of the Metaverse Experience

The idea of integrating the metaverse with blockchain technology aims to address some of the challenges associated with virtual worlds, such as ownership of digital assets, interoperability, and security. By leveraging blockchain, the metaverse can offer decentralized ownership and control of virtual assets, creating a more immersive and transparent user experience. Starting the partnership with the integration of Core Blockchain and the CorePass ID, with the former bringing the right decentralized technology and software, and the latter’s goal of creating a secure and compliant mass-market metaverse experience.

CorePass Integration with The Nemesis Platform

🟡User Experience

The Nemesis platform’s goal is to build authentic virtual reality experiences in the Metaverse, and in order to do that, millions of people all over the world come to depend on it every day.

According to The Nemesis CEO and co-founder, Alessandro De Grandi, the main idea behind the integration of CorePass ID is the above-mentioned user experience, its enhancement, and the advancement of the platform, benefiting from the CorePass ID app’s wide range of operability in real life and digital attributes.

Alessandro, therefore, believes that CorePass is an ideal tool that will bring a convenient, easy, and accessible experience to both the worlds of blockchain and the metaverse.

🔵A Secure Login and Compliance

A decisive feature of CorePass ID that The Nemesis considers crucial is the idea of decentralized identity. The application provides you with true ownership of your digital identity, full decision rights on personal data sharing, and a unique and passwordless login.

On the one hand, users are provided with an application capable of managing their identity in an exceptionally secure environment. On the other hand, CorePass ID allows The Nemesis to fully comply with regulatory requirements and request the necessary information in an immensely transparent and swift manner.

Lars Schlichting, legal counsel for The Nemesis and CorePass, stated that The Nemesis platform is not in need of identifying everyone and that users can still have a smooth experience without KYC. Verification is required only when users decide to monetize and purchase goods and services or exchange coins for NEMS tokens and cash out the assets outside the platform in an amount exceeding 1,000 CHF/month per user.

The Nemesis Token (NEMS) listing on Ping Exchange

According to Riccardo Zanini, the CSO, and co-founder, one of the following steps that will support and integrate The Nemesis platform into the decentralized Core Blockchain structures is the listing of the NEMS token on Ping Exchange owned by ARAX’s subsidiary, Core Business Holdings s.r.o.

The NEMS token was designed on the Ethereum blockchain and primarily functions as a tool for allowing players to procure in-game COINS with the added advantage of granting themselves a 50% discount on the price of the in-app purchases. As Zanini states in the interview, he is confident that the Core Ecosystem possesses the capabilities of changing the world.

The Nemesis Metaverse Showcase on Ting with Luna Mesh Connectivity

The negotiation and the final decision about the future partnership took place in the Swiss city of Lugano, where the CoDeTech team prepared a special presentation of the technology.

For the very first time, we could see The Nemesis Metaverse gameplay streamed on a P2P interactive video platform called Ting. The experience of the presentation was enhanced by the Lunaº Mesh project, a decentralized, borderless, without internet, mesh network topology that provided a stable connection.

View the extraordinary concept of Metaverse, P2P, and blockchain technology in the video below.

What we see in today’s world of applied technology, like the metaverse, it not only transforms how we see the world but, how we actually participate in it. In many instances, the metaverse is referred to as the new gaming world but, in reality, the technology goes far beyond game-related 3D and virtual reality. It, in fact, can create simulated reality from fintech platforms to manufacturing flow processes and even any management platforms. It is a massively scaled interoperable network of real-time user participation in virtual reality worlds. So, in short, in an open-world metaverse such as The Nemesis integrated with the CorePass, an unlimited number of users can experience synchronously and persistently each an individual sense of presence in a comfortable secure and compliant digital environment. This of course simultaneously closes the loop where online communities, organizations, and economies can emerge beyond their current form of existence, an ultimate form of inclusivity and reach.

Michael Loubser, ARAX CEO & CoDeTech Chairman

CoDeTech Partners with The Nemesis,  Bringing Metaverse into a Decentralized Web 4.0 was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

As the information on the matters surrounding the precarious developments in several jurisdictions’ legislatures aimed at digital assets has been brought to light, the legal team has been tackling these issues to the best of their abilities, taking successful steps towards various solutions.

In today’s update, we will touch upon these regulations and measures while also addressing the development aspect of the two upcoming platforms. The live version of the CorePass ID application will be submitted for both Google Play and iOS Stores with a defined estimated date, which we shall discuss in further detail later in the update.

Below is the current status of the coming release for the Ping Exchange platform and the CorePass ID Application.

Current State of Ping Exchange Alpha

The Ping Exchange team continues to work on compliance workflow tasks relevant to legal changes in several jurisdictions and improve the front-end and back-end user interface experiences.

Front-end Development Status Updates:

Completed✅

• Making the trade section more accessible by moving it to the left side of the screen
• Adding an aggregation feature to the order book to let users see the prices in their preferred decimal points
• Removing the fiat buy/sell section and making the platform completely crypto-based
• Fixing reported bugs by test users

In Progress🔄

• Adding new registration steps and dashboards for the compliance officers

🔸Adding steps to the registration, such as signing Form A and extra information, should high-risk be involved or a higher trading tier required

🔸Adding the compliance officer dashboard and enabling user data review

🔸Adding upload and download pages for users’ data transfers

Ahead➡️

• Separating the front-end code base into smaller repositories to make it easier to add new features
• Adding Web Magazine for blogging within the Ping Platform

Back-end Development Status Updates:

Completed✅

• The PriceOracle service was launched, providing the latest XCB and CTN prices for the Corepass ID and other services through the blockchain
• The wallet service has been changed to work with direct node RPC or a third-party provider
• The number of orders handled per second has been increased to about 800 requests per second, which enables the platform to accommodate over 47K active traders per minute simultaneously (we are currently working on increasing this number)
• Handling a thousand requests per second on market data
• Fiat markets and associations were removed to make the platform a crypto-only trade market
• We improved the admin-panel response times on large data sets
• We extensively tested and fixed the process of the Cold-wallet to Hot-wallet cycle to make sure the process is safe to be used in production
• We added open telemetry to the platform for monitoring the entire system’s performance

In Progress🔄

• We are adding the required APIs for handling compliance flow and the dashboards required for the compliance officers

🔸Flag management APIs

🔸User data management APIs

• We are implementing file storage APIs for handling user documents

Ahead➡️

• Developing three new services to make the system further scalable:

🔸Developing the notification service, enabling server-to-client push notifications

🔸Developing accounting service

🔸Developing identity services

The Legal Background

As touched upon at the beginning of the article, legal advancements have been made to ensure the utmost clarity in regulation and provide for a safe, secure, and compliant environment for all Ping Exchange users.

Ping Exchange has adopted the General Authority for Investment and Free Zones (GAFI) approach, following the Financial Action Task Force (FATF) regulation guidelines that identify jurisdictions with vulnerable AML and CFT measures. These are being updated three times a year, publicly listing countries that fail to provide sufficient safety procedures.

The current GAFI black-listed countries include the Democratic People’s Republic of Korea (DPRK), Iran, and Myanmar. Ping Exchange, unfortunately, cannot provide its services in these regions as long as they operate under their current legislatures. As the list of countries is being updated regularly, it may be subject to change in the future.

The GAFI also regularly issues the so-called “grey list” of countries, containing 26 jurisdictions where due diligence is advised, and, therefore, users from these regions might be subjected to providing more detailed information on their identity to unlock trading and undergo further scrutiny.

The current “grey list” of countries consists of Albania, Barbados, Burkina Faso, Cameroon, Cayman Islands, Croatia, Democratic Republic of Congo, Gibraltar, Haiti, Jamaica, Jordan, Mali, Mozambique, Nigeria, Panama, Philippines, Senegal, South Africa, South Sudan, Syria, Tanzania, Türkiye, Uganda, United Arab Emirates, Vietnam, and Yemen.

Current State of CorePass ID

✅Improvements

1. Dynamic Pricing for XCB and CTN

To keep up with market dynamics and provide the most convenient UX, we have introduced dynamic pricing for XCB and CTN. This ensures users get the latest price updates on these assets and the price volatility will be immediately be reflected in the application.

2. Proof of Address Has Been Added

In preparation for the official launch of Ping Exchange, we have integrated Proof of Address as a verifiable document. This step is crucial due to the legal requirements associated with Ping. It solidifies our commitment to maintaining a transparent and compliant platform. Many different websites and applications, including e-commerce platforms, will also increasingly use this feature to send your orders to your verified addresses.

3. CorePass Protocol Schemas Documentation

To foster greater collaboration and integration with different websites and services, we’ve meticulously documented and added CorePass protocol schemas. This means more future integration possibilities and a more extensive network for CorePass!

4. Enhanced Payment Options

We understand that flexibility in payment options is paramount for our users. We have now integrated Stripe payments along with cryptocurrency payments to ensure every user finds their preferred payment method in CorePass.

5. Improved Document Management

Recognizing the importance of keeping your government-issued documents up-to-date, we have refined our management system for expired documents in CorePass. Users will now find it easier to identify, replace, and manage expired documents.

6. Bug Fixes and Enhancements

As with any robust system, there is always room for refinement. Our team has been hard at work, identifying and rectifying small bugs to enhance your overall experience.

➡️️What is next?

1. Revamping the Crypto Payment Gateway:

Based on our own internal reviews, we have identified UX issues with our current crypto payment gateway. In our relentless pursuit of user-friendliness, we will be transitioning to a new gateway that promises a smoother transaction experience for all our users.

2. Rigorous Internal Testing:

Before we release any new features or updates, it is crucial for us to ensure that everything works perfectly. Our team will carry out exhaustive internal tests to guarantee that CorePass remains as reliable and efficient as ever.

3. Perfecting Japanese Translations:

To better cater to our Japanese users and expand our global footprint, we are in the final stages of perfecting the Japanese translations. This ensures a seamless experience for our Japanese-speaking community.

4. App Store and Google Play Submission:

Once all enhancements and refinements are finalized, we will be re-submitting our application to the App Store and Google Play.

5. Publishing:

Once all the above steps are complete, the CorePass ID application will be published for all to use.

Expected CorePass ID App Submission Date

The planned date for the submission of the live CorePass ID application to the App Store and Google Play has been slated for September 1, 2023.

An important fact is that this is NOT the official release date, as the mobile phone stores might suggest edits to the application, resulting in new attempts at re-submission and the process possibly stretching up to several weeks before the final approval has been issued.

After receiving official approval, the application will be released for Android and iOS devices worldwide.

As per the original plan, the Ping Exchange will be released alongside the CorePass ID app after its approval.

This update has been compiled in cooperation with the CorePass ID and Ping Exchange teams.

Progress Report on CorePass and Ping Exchange was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.

Learn more about the CTN distribution, the big news for XCB miners, and the release update for CorePass and Ping Exchange.

The first part of the New Era campaign has come to a close with an impressive number of Early Adopters of the CorePass ID application!

The number of app downloads has exceeded 3000! Thank you all for your participation!

The second phase of the adoption can now begin, bringing some exciting developments that you can read about below.

🟢Attention All Core Token (CTN) HODLers!

All of you who acquired Core Tokens during the pre-sale will soon be able to claim and transfer them to your Mainnet accounts.

⚙️Instructions:

• The CTN distribution will take place on the Ping Exchange platform.

In order to➡️

▪️ Provide equal opportunity, there will be no live trading during the CTN distribution process.

▪️ Prove your ownership of the CTN, you will be required to claim your tokens with a few final steps during a further specified period of time.

⚠️You will be required to use your registered email address used for coretoken.net or corepassport.com registration.

👤Verification of your identity in CorePass ID

All token holders are further required to verify their identity and confirm their data via the CorePass ID application, which will also serve as your Ping Exchange login gateway.

🟢XCB HODLER App is Coming

In collaboration with the CRYPTO ▪️ HUB, we would like to announce the release of the first and official XCB HODLER application.

The main features of the app include:

• Import function for Private Key and JSON (UTC) File
• Sending Core Coin
• Receiving Core Coin
• Scanning the recipient’s Core ID
• ED448 cryptography level of security

The XCB HODLER application will be available in your Android and iOS stores in the near future. Please stay tuned to Core Blockchain’s social media for the release date announcement!

🔵CorePass

The CorePass application has been successfully adopted by its early users, who also helped prove its functionality and the unmistakable uniqueness and unbreakable nature of the technology.

We remind you that the CorePass ID application has been facing public testing for more than six months. During this time period, not a single serious vulnerability or critical bug has been found.

❓What you can expect in the near future:

New CorePass Website Release✅

CorePass ID App Release✅

The release date of the CorePass ID application is set for Q2 2023 (this month). The specific day cannot be predicted due to the approval process for the live version in the Google App and iOS App Stores. And while we all believe in the best-case scenario, we always have to take into account any possible unexpected circumstances, when the approval process is managed by a third party.

Once the CorePass ID app is approved in these stores, there will be no other obstacles preventing it from being released!💎

🔵Ping Exchange

The Ping Exchange platform followed in the footsteps of the CorePass ID app and also faced public testing, which opened on May 4.

During this period, almost 700 traders visited the platform, contributing to 3000 trades across 1300 transfer types, including deposits and withdrawals. The greatest interest was found mainly in the trading of the XCB and CTN cryptocurrencies.

The Hacktrophy platform does not register any security or critical issues. All reported problems were minor user experience issues that are being resolved as we speak.

If you wish to get fully familiar with the platform before the release, the test version is still available at https://app.hextestnet.eu. In case you find a vulnerability or a bug, you can report it at https://app.hacktrophy.com/projects/ping.

Big Improvement in Scalability↗️

One of the most significant achievements in the development of the Ping Exchange platform is the increased scalability of trading orders. Specifically, we have recorded a 2500% increase from the previous version, and our goal is to keep increasing this number on a regular basis.

Ping Exchange Release✅

The release of the Ping Exchange platform does not require approval by a third party, as the CorePass ID app does. However, since this platform incorporates CorePass as its login gateway and KYC, their launch is directly linked.

Therefore, the Ping platform is ready to launch when the CorePass ID app is approved in the Android and iOS stores.

Again, please note that the CTN distribution will take place first on the Ping platform for all those who participated in the pre-sale. Only then will the trading platform with all its functions be released.

💥Phase 2 of the Early Adoption

If you belong among the successful participants of the early adoption of Core Tech and obtained the Early Adopter NFT in Phase 1 of the CorePass ID App, there are several important instructions for you to follow.

Remember SEED PHRASES and PIN CODES❗️

To successfully claim your Core Tokens from the Early Adopter NFT in the live (Mainnet) version of Ping Exchange, it is of utmost importance that every participant and the CorePass ID App user securely store their SEED PHRASE and PIN CODE that they used in Phase 1! Upon downloading the final live (Mainnet) version of the CorePass ID application, you will generate your new CorePass ID account on the Mainnet using your saved seed phrase and pin code mentioned above.

To receive the upgraded Early Adopter NFT and your 654 CTN, it is necessary to adopt Ping exchange in the following way:↘️

Step 1: Log in to Ping Exchange

Step 2: Deposit one of the following cryptocurrencies to a minimum value of $250:

BTC

LTC

ETH

USDT

Step 3: Perform at least 2 trades with a minimum value of $100 on either the Core Coin (XCB) or Core Token (CTN) market

Core Token (CTN) rewards will be distributed to everyone’s Ping Exchange wallets who have completed all the necessary steps above.⬆️

What Lies Ahead? Are You on Board?🚤

The approaching release will serve as a testament to the technology of tomorrow that CoDeTech brings forth, and we are glad that you have decided to stand on the edge of the future with us.

In the end, it is you who will be the judge of these new groundbreaking platforms, and you who will be integrating them into your everyday lives.

For this, we thank you.

CTN and XCB Gain Momentum — CorePass and Ping Release Update was originally published in CoDeTech on Medium, where people are continuing the conversation by highlighting and responding to this story.