The first project developed on Xiden is called Edain, an AI-powered knowledge creation ecosystem that provides equal access to actionable knowledge. Two sentiment analysis applications have been developed within this ecosystem, applications that integrate multiple indicators to analyze projects available in the market: Decision Point Crypto (analyzing CMC Top 100 tokens) and Decision Point (analyzing SP500 constituents).
Through the XIDEN project, CryptoDATA promotes digitization and the creation of innovative tech projects and invites developers to create their own projects on Xiden in order to meet the needs of as many individuals as possible worldwide.
Xiden’s major advantage is that it combines the Internet of Things with blockchain technology to offer a significantly powerful protocol that enables the integration of smart devices. With this blockchain, users can integrate smart equipment to perform multiple tasks and get paid with XDEN, Xiden’s native token. XDEN was initially listed at $0.30, but the price immediately shot up, its all-time high being $60.21, and now its value has stabilized around $35, as can be seen on CMC.
Xiden has been built so that each network participant has an active role and helps other participants. By doing so, the participants benefit from all the advantages and features of the system, from rewards to free access to the internet when in the proximity of a system-registered Minter Guardian router, and a secure infrastructure on which all devices can work.
Ovidiu Toma, Co-founder and Chief Executive Officer of CryptoDATA Tech: “At CryptoDATA, we develop high-performance technologies and services based on blockchain attributes to bring tomorrow’s technology today. Right now, we are incredibly pleased to start our partnership with Dorna Sports as we become the first Romanian company to take over title sponsorship for Grand Prix events. We share their commitment to innovation, and we want to show that blockchain technology can power positive initiatives for environmental change, for people, and for the motorsport community on and off track, as it represents one of the most transparent and secure technologies with high applicability in many fields outside the crypto sphere. This being said, technology and innovation are at the core of what we do, which strategically aligns with the sport of racing, and together we will create amazing experiences at the intersection of digital technologies and MotoGP.”
About CryptoDATA Tech
CryptoDATA Tech is a global ambassador for promoting the importance of data security and digital privacy worldwide. The company has pioneered the development of services and products based on blockchain technology that enables private and secure communication between users. Starting from the premise of discovering digital privacy, CryptoDATA Tech provides cyber solutions without restrictions for traveling users who want to protect their personal information by providing them with devices and applications that offer enhanced digital security.
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