Community Update: April Highlights and Developments!

Greetings Metanaut(s)!

We hope you had a fantastic April! As we move into May, we wanted to take a moment to update you on what’s been happening. In addition to our participation in two vibrant, industry-critical events, we've also been making significant strides in team expansion and product development. We’re excited to share some of April’s most exciting updates with you, so read on to discover your monthly dose of behind the scenes action from the DCL team!

Our team grows
First up, we were thrilled to welcome Francisco as the fourth member of our in-house development team in April. He joins as a dedicated CI/CD specialist, and will help us automate our development process, ensuring smoother workflows and faster releases.
With Francisco's addition, our core team now comprises 6 individuals, in addition to our active consultants and advisors.

Big product news
We’ve also made significant progress with our identity access management solution, particularly with DGMV-IAM, our identity server. We've implemented recent feedback to enhance features and ensure the product is better suited for its intended purpose.

DGMV-IAM is built completely in-house, which makes it based on our own intellectual property. It forms a central pillar for all future DigiThree services – integrating seamlessly with existing security infrastructures like Active Directory and Okta.

Last week, it paired with DGMV-Secure Meets, offering 100% private access through our secure IAM service and cryptographic ID within the mobile app. These advancements are set to substantially bolster our sales endeavours. With the committed backing from our sales team, DGMV-Secure Meets, along with DGMV-Edge Box, is currently a top priority in our sales discussions.

Next-level tech, loading…
Promising times await as our newly expanded development team prepares to elevate our smart layer technology to the next level. This technology, previously demonstrated to large enterprises, is poised to transition from proof of concept to productization, thereby creating a blockchain-based non-fungible data proofing solution. This solution will empower users to demonstrate ownership, track changes, monitor locations, and validate various critical data points.

One big thank you
Finally, we want to say a huge thank you to our development team, who have shown the incredible dedication required to push more than 40 commits to the main branch, with over 100 across all branches. That means we’ve improved 37 key files, with hundreds of additions and deletions all in service of enhancing our products.

The future looks bright, and we’re looking forward to share more progress with you as it happens! Stay tuned for more updates heading your way soon, as well as details of our next AMA session in May.

Until next time – over and out!

Recap of the Spanish Fintech & Cyber Mission and Token 2049 - April 25, 2024

Greetings Metanauts!

It’s been a busy few weeks for us here at DigiCorp Labs and DigiThree Labs, with a packed events calendar and lots of opportunities to explore. We’re getting in touch to bring you an exciting update about the latest two events we attended – read on to find out what we’ve been up to!

Spanish Fintech & Cyber Mission to the Netherlands 

We were thrilled to be invited to join the Spanish Fintech & Cyber Mission to the Netherlands last week, where our CEO, Jozua Van Der Deijl, was proud to represent DigiCorp Labs and DigiThree Labs.

The event saw top-tier experts in the fintech and cybersecurity spaces come together to form new partnerships and explore groundbreaking innovations.

His Majesty the King of Spain and His Majesty the King of the Netherlands chaired the summit’s first session, with Chris van Voorden, Director of Foreign Investments & Trade at InnovationQuarter as the Master of Ceremonies. 

We heard welcoming addresses from Micky Adriaansens, Minister of Economic Affairs and Climate Policy of the Netherlands, and Xiana Mendez, Secretary of State for Trade and President of ICEX Spain Trade and Investment.

This exciting event was a catalyst for addressing cybersecurity challenges, driving future advancements and encouraging political collaboration between Spain and the Netherlands – especially in areas like open strategic autonomy and organized crime.

TOKEN2049

Dubai’s TOKEN2049 event was held on April 18-19, marking a significant gathering of global crypto and Web3 influencers. 

The conference drew over 7,500 attendees, and featured prominent figures (such as Pavel Durov of Telegram and Arthur Hayes of BitMEX) plus over 200 speakers, who covered everything from the intersection of AI and Web3 to hyperscaling solutions, decentralized infrastructure and more. 

AI dominated discussions, with concepts like decentralized computing, data decentralization, and AI research grounded in decentralized science garnering significant attention. Other core topics included the symbiotic relationship between AI and blockchain, as well as the cultural significance of memecoins.

Overall, TOKEN2049 was a testament to the resilience and enthusiasm of the Web3 community. The event continued to build on its reputation by facilitating interactions among startups, investors, and technology enthusiasts – and despite Dubai’s unexpected weather conditions, it succeeded in pushing the boundaries of blockchain and Web3 discussions and developments

A huge thank you to the organizers of both events for orchestrating such impactful, innovative and insightful gatherings. We can’t wait to attend more in the future!

Over and out, 

DigiCorp Labs and DigiThree Labs

The edge cloud and private 5G revolution: insights from our DGMV-Edge Box webinar 

Last week, core members of the DigiCorp Labs team came together in a webinar to discuss one of our revolutionary products: the DGMV-Edge Box.

Read on to discover key insights about this unique solution, from how it works and what it can do, to how it’s set to work with our other products to create a new, decentralized paradigm for data ownership.

What is the DGMV-Edge Box?

The DGMV-Edge Box is one of the smallest data centers on the market right now. It comes with built-in CPUs, storage, remote and security management, air conditioning, and UPS – plus all the external connectivity needed to get you up and running fast.

It is a totally unique and shippable Data-Center-in-a-Box that brings new capabilities to the Edge Computing and Industrial IoT spaces. The storage-optimized Edge Data Center modular building block can be configured in various ways from a simple battery-operated server with up to 144TB of storage to a fully-fledged hyper-converged, remote-controlled, networkable computing powerhouse. Additionally, if you need even more capacity, you can hot-wire more boxes to create an automatic cluster that acts as one complete system.

The Edge box is shockproof, weatherized, compact, and lightweight, weighing under 23 kilos.

The DGMV-Edge Box can also be configured with 5G and 4G capabilities, creating the only portable ruggedized edge Data-Center-in-a-Box that provides a 5G bubble while running edge AI software simultaneously. Integrated within our Intel-powered Edge Datacenter system, the Private 5G Network In-a-Box combines multicore CPU, GPU, ultra-fast NVMe storage, and remote management. This all-in-one solution delivers high-speed, low-latency communications alongside robust, on-site data processing and storage, enhancing live events and critical operations with secure, efficient, on-premise Edge Cloud connectivity.

Why is the DGMV-Edge Box essential?

In today's digital landscape, a substantial volume of data originates "at the edge". Let's keep it there!

Everyone knows there’s a lot of data out there – especially with developments in AI and the IoT – but how do we make sure it all has a place to go? With every device creating data more rapidly than ever, network congestion, latency issues and high costs are all too common in transporting information to and from data centers.

It’s up to startups to find an interim solution – a means of crunching data on the edge that’s more efficient and flexible than ever before.

How does the DGMV-Edge Box work?

The DGMV-Edge Box is designed to operate on various power sources, ranging from solar panels, car batteries, and UPS batteries to standard AC or generator power. It's capable of connecting up to 36 cells, which serve as antennas, to the box via Ethernet or electricity cables, providing everything you need for ultimate connectivity. Initially, these cells are small, but they can be replaced with larger or different types as needed.

The edge box can connect to nearby cell towers to offload network traffic and data. Additionally, it features Starlink satellite, LAN, and WiFi connectivity, enabling swift connection to any available public/private network.

Because the DGMV Edge Box is a 5G solution with data center capabilities, it works like a remote / branch office with all hard and software needed for remote autonomous operations creating a 4 and 5G private network using the upper band (N77–N48) – which is free as long as you have permission – and is very easy to install, giving you complete control over frequency and configuration.

What are the real-world applications of the DGMV-Edge Box?

The DGMV Edge Box unlocks new possibilities for broadcasting, with the public network capacity to manage all elements from a single point. It also has uses for the military and police forces, where it can help with everything from facial recognition to search operations.

For first responders, the Edge Box can quickly build a network for communication when cell towers are down during an emergency. This means the box also has potential for innovation in the oil and gas industry, as well as in creating powerful hotspots in ‘middle of nowhere’ areas.

Another core innovation area for the Edge Box lies in business continuity, given its ability to act as a fully functional backup network and datacenter – live in just 30 minutes. This is particularly innovative in the case of hacks and hijacks, giving businesses the ability to resume normal operations and reduce costly downtime.

What makes the DGMV-Edge Box special?

As a company, our mission is to put enterprises in complete control of their data at all times. The problem with current, cloud-based solutions is that they place the ‘key’ to data in an outside provider’s hands, meaning hacks and hijacks have the power to ground all operations and production.

As big corporations begin to bring data back into their premises, the Edge Box offers a perfect way to retain control and privacy in a decentralized way – and all with passwordless authentication built-in.

Our innovative identity and access management solution, DGMV-ID, will also integrate with the Edge Box, with all users required to download the app and use the authentication system to log in seamlessly. The same goes for our DGMV-Secure Meets solution and DGMV-Smart Layer, all of which will be included in the Edge Box, acting as multipliers to the service.

Overall, we’re confident that the DGMV-Edge Box is a revolutionary product with the power to make big waves in the enterprise environment. Our deflationary DGMV token governance model also empowers both enterprises and individuals to acquire influence and actively contribute to shaping the future trajectory of our ecosystem. By participating, stakeholders play a pivotal role in steering DGMV towards its future direction.

Through it all, data ownership remains key. We’re currently in multiple discussions with partners and customers, with a lot of things happening and a lot of positive announcements in the pipeline. We’re grateful as always to our loyal community for your endless support and patience. We couldn’t do this without you – so watch this space!

Question time

Does the Edge Box have any competitors?
There are some competitor products, but they don’t have the same capabilities. Most are lacking in UPS, air conditioning or management. Amazon and Dell have similar products, but they only have around 30% of the capabilities we have.

Can you share pricing information?
The basic model costs €32,500, with the G5 coming in at €87,000. That said, our goal is to sell the Edge Box as a service, which we will create bespoke according to demand.

How many units are ready now, and what’s the plan going forward?
We have 20 units ready right now, plus more to be made on-demand. There are several options to choose from, so now we have the baseline and can make adjustments on a case by case basis.

Do you have any sales projections?
We want to have monthly 100K recurring subscriptions revenue by the end of the year – this is important for the community and use of the token. Right now, we’re focusing on recurring revenue from selling services and licenses rather than devices.

Have you pre sold any boxes, and where will the initial sales focus be?
Our focus is global, especially in the Netherlands and Germany in Europe, and in Indonesia in Asia. The Edge Box also presents some interesting opportunities for smart cities, where connected, controlled data is crucial. Our vision is a connected one, and we’re taking the time to implement it fully, so we can deploy it as a total ecosystem with the potential for true worldwide impact.

Mastering your data: The power of blockchain 

Boost your MDM with blockchain-inspired data capture

One of the core challenges in master data management (MDM), lies in creating a ‘single source of truth’ for your organization. 

When enterprises’ golden data is collected from many information systems and stored in a single database, how do you make sure that both the data and the language it’s described in becomes the only source of truth for all users? 

Blockchain offers interesting new opportunities for this, thanks to its ability to collect distributed data in a structured way, translate it into uniform, time-stamped data blocks and freeze them in a blockchain. 

Implementing blockchain as a database enables the simultaneous solving of several MDM challenges – and when everyone speaks the language of blockchain, the application-specific dialects common in enterprise applications can be eliminated.

The critical management of master data

MDM is a discipline that enables businesses to digitally ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of their officially shared master data. 

This data is an organization’s golden data, and refers to core enterprise entities such as customers, suppliers, products, services and finances – without which, businesses cannot function. 

Blockchain is an excellent technique for capturing master data consistently, securely and in a distributed fashion. It shows the complete transaction history of every node in a decentralized, peer-to-peer (P2P) network, making each one a complete ledger.

In most enterprises, systems such as ERP, CRM, SCM and PDM generate master data decentrally, but the real shift lies in making the entire database for this crucial business information decentralized too.

Capturing data in a distributed blockchain automatically creates a central data system that’s perfect for MDM, because when nodes become distinct connection points for individual business functions, it accelerates the processing and storage of master.

Implementing a generic protocol in the blockchain can help ensure master data is always automatically present on every node in the network.

Blockchain as a single source of truth

The unique properties of a blockchain as a distributed source of truth automatically create one large, distributed master database that provides access to every node, with each owning a complete copy and thus able to function independently if parts of the network fail.

Using blockchain also eliminates the need to rely on a central, vulnerable hub or intermediary to build the trust of a single source of truth. When MDM functionality is built into the blockchain, each application writes transaction data relevant to other applications, and communicates through a common language and platform. The resulting benefit means that connecting new enterprise systems to the blockchain requires no migration efforts.

Blockchain doesn’t just master the data – it also controls the language used to communicate between endpoints, making it an effective master language management (MLM) system too. MLM is ideal for master data generation, thanks to its ability to immediately check whether additions to the common set of data are in the same language as they are processed and stored in the blockchain.

This system will eventually result in everyone speaking the same blockchain language, with no room for the application-specific dialects often found in enterprise applications.

Master data and blockchain belong together

Migrating your MDM to blockchain has multiple business benefits. You’ll not only be migrating your golden data to a future-proof, decentralized technology, but you’ll be immediately able to build in functionality that updates, unifies and translates existing master data. Defining your future MDM architecture and capturing it in operational, immutable blockchain-based smart contracts will unify your MDM – now and in the future.

Blockchain's unique immutability creates a direct archive and a mutable MDM database for registered version control – and its distributed ledger and consensus algorithms can also help to reconcile data. 

To make this happen, you’ll need to design your blockchain MDM solution with source systems as specific nodes of the decentralized network. This will enable consensus algorithms in the blockchain protocol to take over management, ensuring data integrity and securing the same data on all nodes of the blockchain network.

Sharing master data securely

Once your master data is securely and unambiguously stored in an open blockchain, sharing it is simple.  You can grant any person, machine or organization access to any of your master data by giving them the right key and designation. Following an identity authentication and verification process, they will be able to find encrypted data in the blockchain with the relevant key.

Data encryption, data stamps, hash functions and consensus algorithms make hacking or tampering with blockchain data impossible. No technology is completely hacker-proof, but a well-configured and distributed blockchain comes pretty close.

It’s also worth noting that blockchain stores transactions, not their end results – which many MDM applications are solely designed to record as entity data.

Instead, blockchains serve as generic application platforms, storing heterogeneous transaction information and behaving like single databases, despite their distributed foundations, which use consensus mechanisms to make sure each node contains the same unified data. 

Blockchains create immutable logs, which help build trust in the system by facilitating financial or legal transactions in large, distributed networks where not all members know each other. This functionality can even eliminate the need for audits.

Digicorp Labs' MDM Smart Layer

With these enterprise advantages in mind, DigiCorp Labs has designed an MDM-capable smart layer based on an open UTXO blockchain.

The proof-of-concept at a large, multinational company confirmed our technique’s ability to capture, modify and maintain MDM functions in the blockchain. 

This year, we will build upon this unique, patent-pending product, and make it available for modern MDM solutions.

More and more, blockchain is a logical step forward in solving distribution challenges. So consider: what could unifying, cleansing, standardizing and deduplicating your entity data with pre-built data quality algorithms, DQ product suites and audit trails, histories and hierarchies do for you?

The power of peer-to-peer 

In one of our previous blogs, we explored the ongoing internet paradigm shift driven by the advancement of Web3. As we navigate this ever-evolving landscape, the pendulum of solution preferences has been swinging between centralized and decentralized approaches for some time.

Not everything goes through the cloud anymore, no matter how convenient it is to have a central connection point. Because while centralization provides ease and efficiency, traditional, point-to-point solutions have their advantages too – especially where security and privacy are concerned. 

Now though, new Web3 technologies – such as blockchain, tokens, passwordless authentication, smart contracts, node-based grids and intelligent endpoints – make it possible to develop and apply decentralized architectures and infrastructures just as efficiently. 

That said, it’s important to remember the many drawbacks that come with centralization – from security, cyber security and unwanted reading, to viewing, monitoring and a dearth of centrally-collected, vulnerable information. 

Guaranteed privacy

A central system can never guarantee complete privacy – no matter how beautiful, smart, intelligent or strict its environment. If something can go wrong, it usually will, and the bigger the system, the bigger the disaster.

Aviation might be one of the safest ways to travel, but if something goes wrong, it does so at scale. The same can be said for the crypto space, and we see it with many mishaps on an almost daily basis. Even the most secure clouds are vulnerable to raids, hacks or hostage attempts due to a clever attacker and a stupid human or technical error.

If you’re unlucky enough to have your data stored in the location of an attack, you are the passenger on the wrong. To extend the travel metaphor one step further, public transportation lacks privacy – to maximize it, you must opt for a smaller mode. In the same way, the chance of a privacy violation in a small, point-to-point means of digital communication or data transport is much lower than that of mass transit.

Zero risk is impossible, but by balancing efficiency and privacy, it’s possible (and valuable) to minimize it. In fact, this is why Apple now stores confidential data on mobile devices rather than iCloud.

Direct communication

Ultimately, Web3 enables direct, peer-to-peer communication – think video and audio calls, screen sharing and presentations – by sharing confidential information via node-to-node connections. It also allows for private video conferencing (via a privately owned node)  to happen in the legal sovereignty of your own home, building or office. In this case, you are and remain the owner of the communication, with minimal chance of it getting into the wrong hands, since it’s not organized, distributed or delivered via a central provider. 

This model is the basis for DigiCorp Labs’ newly developed solution, Secure Meets, a peer-to-peer offering that operates in a Web3 network when initiated with a boot stick in the second laptop.

Secure Meets can run through routers such as Microsoft and OKTA, which tell your device the route to the right hub, node or local cloud to communicate with and establish a private connection from a central server.

Secure meets

DGMV-Secure Meets is developed as a fully encrypted, direct, peer-to-peer conversation technology with built-in privacy. It enables the delivery of scalable, 100% private video communication services and is completely independent of existing centralized solutions.

Hosted on a private server, DGMV-Secure Meets enables individuals and companies to retain local ownership of calls, recordings and transcriptions, meaning all data remains under their control and management. The solution works in conjunction with DGMV-ID, DigiCorp Labs' mobile, passwordless authentication solution.

Our independent Edge Box adds another layer of functionality, acting as an autonomous hardware endpoint that links with decentralized Web3 networks. The Box can be powered by grid supplies, battery or solar panels, and is able to reach any location in the world wirelessly, via Starlink. This means it can build private connections worldwide, even in areas without trustable infrastructure.

DigiCorp Labs’ blockchain-based smart layer provides a Web3 platform-as-a-service in which contracts capture communications as fixed, immutable algorithms that can’t be influenced or hacked.

Own your authentication, data and communication

Our developed enterprise solutions will also be available to the private market, where individuals can pay using the DGMV token (launched in 2022 via the crypto exchange LCX in Liechtenstein).

Users can make micropayments with this utility token in peer-to-peer chains for all decentralized Web3 services, with transactions recorded in a blockchain. Our authentication app, DGMV-ID is already available via Apple and Google store. 

By the end of 2024, Digicorp Labs will have a complete Web3-enabled ecosystem available and ready to build enterprise architectures and infrastructures – both in current networks and in modern, decentralized Web3 environments, anywhere in the world. 

We’re also involved in local-to-local initiatives, especially in parts of Asia where infrastructure is poor. We’re also exploring opportunities to connect parts of Africa by enabling enterprise operations and communications in-house and securely.

Paradigm change 

Many areas of the world do not have the edge of our current centralized cloud infrastructures, and thus opt for new secure Web3 solutions. 

Hybrid solutions are under consideration here in the West, with the cloud still able to provide efficiency, but direct peer-to-peer communication necessary to offer security and where infrastructure is non-existent or unreliable. 

In our last newsletter, we talked about the beginning of the Web3 journey, and how 2024 will see the first serious, enterprise-grade solutions enter the market. Here at DigiCorp Labs, we have already conducted pilot projects with large global companies, who are exploring how these new Web3 technologies add value for them. 

Channel partners wanted

As it stands, the year couldn’t have started better for us. December 2023 saw all our solutions – DGMV-ID, DGMV-Secure Meets, DGMV-Edge Box and the DGMV-SmartLayer proof-of-concept – become available and applicable, and we’ve got first deployments scheduled for key areas of interest in Asia and the US this quarter.

We are now delivering these solutions to market through DigiThree Labs, and are still looking for channel partners to start carrying and using our products globally. Conversations are already underway, but if you’re interested, please don’t hesitate to apply.

Webinar Recap: Embarking on the 2024 Journey


As we venture into the future at Digicorp Labs, our commitment to the Metaverse and Web3-optimized ecosystem remains steadfast. Our dedication to decentralized and trustless solutions serves as our cornerstone, empowering businesses and consumers with real-world value and security. We prioritize simplifying decentralized technology, granting users control, and minimizing external influence.

The DGMV token, solutions, and brand are central to our mission – pivotal elements in our evolving ecosystem.

While encountering challenges and technical intricacies on this journey, our dedication persists. The past has taught us to embrace flexibility and resilience in the face of Web3 innovation, often pushing us to the bleeding edge of available technologies. 

In our recent webinar, following a prolonged period of stealth development, we intentionally opened up the dialogue, fostering more interaction and elaboration with our valued attendees. We trust that future events will feature increased participation, nurturing a stronger sense of community on our platform.

Recognizing the less structured nature of our recent session, we aim to ensure your convenience by providing a recap. This summary is designed to encapsulate the crucial highlights and expressions communicated during the event.


Focus areas 2024

1. DigiThree: Delivering solutions and building relationships

The main mission of DigiThree is to roll out our core solutions to our partners and prospects – starting this month. With half a year’s worth of build up and a fully operational sales funnel, we're actively engaging potential deals and anticipate reaching a monthly subscription revenue of 100k by the end of the year. The rollout of three sales hubs in Europe, America, and Asia over the coming months is set to amplify our market presence.

We go to market with all four of our products: 


2. DigiCorp's product suite: Nurturing excellence

In tandem, we're channeling strategic energy into refining and enhancing the current DGMV suite of products. From DGMV-ID to the DGMV-MDM (master data management) Smart Layer, each component plays a pivotal role in our ecosystem. Whether in public roadmaps or internal discussions, our aim is to continuously optimize and improve these solutions. We're on a mission to provide our users with seamless and secure solutions that evolve with their needs. 

Beyond the current solutions, we are set to develop our own DGMV-ID linked wallet.


3. Shifting towards utility and governance: Community-driven evolution

Simultaneously, DigiCorp Labs is undergoing a transformative shift from a traditional company structure to a token utility and governance model. This journey will empower our community and redefine how certain decisions are made.

Community empowerment and decision-making: Our new model actively involves the community in shaping the ecosystem and development trajectory.

Transparency and trust: In the spirit of decentralization, all governance decisions are openly recorded on the blockchain, fostering transparency and trust aligned with our values.

Resilience and innovation: This shift not only decentralizes decision-making but also enhances our resilience and fosters a culture of innovation.

We will share comprehensive details in the coming months, starting with a booster for initial investors from public and private sales. Transitioning in this way will make sure DigiCorp’s journey into the era of decentralized governance is smooth.


How we’re moving forward

Choosing prudence over detailed timelines

Web3 development can be unpredictable, which makes some delays inevitable. That’s why we’re not releasing detailed timelines – we want to manage expectations and avoid the potential disappointment of unforeseen setbacks.

Why?

Prioritizing quality over speed: We are primarily focused on delivering not just functional but exemplary products. This commitment often requires rigorous testing, refinement, and perfection. Opting not to disclose detailed timelines and (potential) customers means we can prioritize quality over speed, ensuring that updates and features meet the high standards expected by both us and our community

Flexibility to adapt: In the ever-changing Web3 landscape, new technologies, regulations, and opportunities continually emerge. By avoiding rigid timelines, we maintain as a small team and company the flexibility to adapt our roadmap and priorities to align with the most current and beneficial developments in space.

Mitigating unintended fallout: In the swiftly evolving world of Web3, perceptions carry significant weight. A missed deadline, even when justified, can result in unwarranted backlash and negative perceptions. By refraining from disclosing detailed timelines, we’ll shield the project and the community from these potential adverse effects.

Building trust through delivery

We believe trust is earned through delivery and excellence. Instead of making promises based on timelines, we let our work speak for itself. Each update, feature, and improvement is testament to our commitment to the community and the Web3 space.

Key to our strategy this year is the enhancement of our current offerings. To provide more clarity, we are sharing some initiatives on our radar, and we will keep you informed of their developments:

DigiThree

DigiCorp

DigiWare

Why be part of the DGMV Community?

Building the future together: Joining our community means embracing our shared vision for a decentralized, trustless future in the Metaverse and Web3-optimized ecosystem. Together, we're on a mission to empower businesses and consumers, simplify decentralized technology, minimize external influence, and champion everyone's control over their own data. Your commitment plays a crucial role in crafting the paradigm change towards a new digital landscape that values security, transparency, and individual autonomy. Join us and become a part of this transformative journey!

Voice and influence: As we transition to a more decentralized structure, every community member has the power to shape DigiCorp's future. Your voice matters, and together, we can redefine the decentralized Web3 landscape. 

Knowledge and support: Whether you're new and seeking guidance or an expert eager to share insights, our community aims to be a hub of knowledge – the perfect place to engage in meaningful discussions, find answers and stay updated with the latest developments.

Promote and grow: Passionate about DGMV? Spread the word! Our Ambassador Program and upcoming referral initiatives allow community members to actively promote DGMV and earn rewards for their contributions. It's a win-win: help grow the DGMV ecosystem while benefiting from its expansion. Join us in making waves in the world of decentralized possibilities.

We hope to see you at our next gathering!

From here to the future: Exploring the progress of Web3 enterprise solutions 

First, everything got bigger. Data has become the most important asset, which has led to computer centers expanding – first into data centers, then (as we collected and stored more information) data lakes. The advance of artificial intelligence enlarged everything even further, demanding more computing power to extract critical insights from collected data.

At the same time, the internet has grown exponentially, with mobile devices creating billions of human endpoints (the internet of people) and the internet of things creating vast numbers of material endpoints.

As the edges of the internet expanded, billions of smaller data centers began to collect, process, store and transmit information. We’ve also seen edge devices – also known as nano data centers – come to the fore.

The internet: from centralized to peer-to-peer

The original internet was a simple, point-to-point connection network, with no intrinsic awareness of what each point contained. In this environment, providers could collect metadata about each endpoint and inform individuals and organizations how to find each other. 

When the internet became mobile, it needed larger providers – not only to connect users, but also to investigate the content being exchanged. Social media entities emerged, and internet 2.0 became the online world as we know it today.

Technology is now so small and cheap that we can add meta and transaction data directly at each endpoint. The networks’ intelligence now allows us to navigate their lower layers, enabling peer-to-peer communication without interference from bigger, middle-men connectors.

A big advantage of peer-to-peer communication is that it allows us to take back responsibility for our identity and security. No more locked-in usernames and passwords or credentials stored in large, centralized vaults. Now, all we need to be recognized and trust each other are our digital identities – just as we need our physical identities in the real world.

Web3 is a paradigm shift

Just like the original internet, these new, peer-to-peer networks connect people and organizations using nodes – which can vary during each exchange, yet still transfer the right data to the right end users.

Once it reaches its destination, data must be unpacked quickly and logically and composed into messages – a perfect demonstration of the internet’s intended use. This functionality allows users to choose where to store their data, which is scattered across several nodes and made invisible to third parties. 

Each node in a Web3 environment has an owner, who must receive payment for letting the data through. Some nodes also have processing and storage capabilities that can be used for a fee.

Digital tokens are a great solution for making these micropayments, as they can transact a minimum payment immediately and directly at the source of each action. This process can also settle application completions and intermediate decentralized storage – making tokenization a fundamental part of Web3.

As this process unfolds, users must have the ability to identify themselves uniquely, so that nodes can trace each transaction to a proven entity. This is where blockchain comes in – creating an indelible, open and decentralized database with enormous value.

The origin of DigiCorp Labs

All of this information was front of mind for the founders of DigiCorp Labs back in 2021, when we recognized the importance of Web3 and its associated virtual world – the metaverse. 

The team knew that enterprise solutions would be needed to make Web3 a viable, professional space. These solutions had to be maintainable, auditable, compliant, compatible and able to stand the test of laws and regulations.

We began by developing DGMV-ID, a truly decentralized way for individuals and organizations to prove their digital identities via mobile devices. Using biometrics, encryption, 2FA (Two Factor Authentication), QR code-scanning and, in the near future, the direct recording of transactions in an open blockchain, we made digital, decentralized, passwordless identification possible.

This process works with any Web3 node or application, and every authentication is auditable, compliant and indelible. DGMV-ID also includes browser plug-ins to provide access to current Web 2.0, and became available in the Apple and Google Play stores in August this year.

We also introduced the $DGMV utility token as a groundbreaking mechanism to unlock our intellectual property and activate our cutting-edge solutions. 

Decentralized nodes and smart layers

Another critical factor we must consider is the availability of enterprise nodes within and at the edges of the internet. To account for this, DigiCorp Labs recently launched the DGMV Edge Box – a decentralized, mobile, self-contained data center in a box that can be connected to the internet from anywhere in the world. 

Powered with electricity from mains, generator, battery or solar panels, the Edge Box facilitates communication via cable, Wi-Fi, 4G/5G and even Starlink satellites. On top of that, the data center is connected to an open blockchain, which means every action is recorded and retrievable.

Powerful partnership

Last year, we partnered with Shell Global IT on a successful project that allowed data from globally distributed assets to be recorded via an open blockchain via our patented smart layer. 

By assigning every transaction a timestamp and hash code, each recorded asset and document can be retrieved and – with the right key – read and used by the right people. 

Provided they can prove their identity and have the right key, services companies from across the world can find the product and asset information they need to carry out maintenance, replacements and repairs. The smart layer functions as a type of PaaS (platform as a service) layer, which enables SaaS (software as a service) on the blockchain.

Secure communication

The latest addition to our product portfolio comes in the form of DGMV Secure-Meets – a communication tool that enables confidential video and audio calls, screen-sharing, presentations and more. via a decentralized node-to-node connection.

To utilize DGMV Secure Meets, users are required to authenticate through their mobile device using an on-premise Identity Server that supports DGMV-ID authentication. Additionally, this server facilitates access management with directory services, including options such as LDAP, as well as integrations with platforms like Microsoft Active Directory and OKTA.

2024 and beyond

With a proprietary token as well as solutions including Authentication, SmartLayer, Edge Box and Secure Meets, DigiCorp Labs reaches the end of the year fully ready to enter the market. We’ve planned our first launch deployments, and are already looking ahead to a busy 2024, with growing interest in the US and Asia.

Early 2024 will see us double down on publicizing our innovative initiative for enterprise Web3 solutions. The enterprise Web3 journey is only just beginning.

Community/Investor update - December 15, 2023

THE LCX HACK: HOW DGMV HAS BEEN IMPACTED

We’re all about keeping our community informed here at DigiCorp Labs, so we wanted to share an important update with you.

WHAT HAPPENED AT LCX?

As many of you know, in January 2022, LCX, the regulated cryptocurrency exchange handling our ICO, experienced a major hack. The hack resulted in the equivalent of almost 8 million USD being stolen from one of its hot wallets.

Following the hack, LCX proceeded to distribute all DGMV tokens to investors. DigiCorp Labs accepted a later payout of the raised funds, in order not to risk the day-to-day operation of LCX. The remaining payment was required to be settled no later than March 4th, 2023.

HOW DOES IT IMPACT DGMV TOKEN HOLDERS?

More than 50% of the ICO raise, valued at 4.8 million USD at that time (after deduction of fees), comprised the aforementioned payout agreement.

Regrettably, LCX has currently only paid one minor tranche of the payout agreement. The outstanding payment has yet to be paid.

Despite the legal requirement for LCX to hold customer funds in separate wallets, the exchange has not disclosed the whereabouts of the funds during the hack. This is the underlying cause for which we have not yet been able to assess the impact on DGMV investors resulting from the breach.

HOW ARE WE TAKING ACTION?

The absence of resolution, response, and information from LCX has compelled us to escalate the matter legally. As such, the Liechtenstein Financial Market Authority (FMA) has launched an investigation into the case, which we hope will establish fairness and accountability.

At DigiCorp Labs, we believe that transparency and adherence to regulatory standards are paramount. This involves updating any new material facts in an addendum to the basic information, in line with Article 34 of the Liechtenstein Blockchain Act (TVTG).

Transparency and clarity, as provided by the regulatory framework, are essential for all DGMV token holders and buyers.

We have outlined additional information in a document, entitled ‘Addendum Basic Information’. LCX was formally requested to publish this information in July 2023, but despite our request, has still not done so. As we’ve not been able to resolve things with LCX promptly, we have initiated additional legal proceedings. 

ONWARDS AND UPWARDS

We will continue to provide community updates to keep you informed as the legal process unfolds. Our ultimate goals will always be to achieve justice and keep your rights protected.

Our go-to-market plans might have been delayed by ten months, but we remain proud of our ability to transform this setback into an opportunity.

The launch of a new DigiThree website is underway, showcasing new core products and enhancing accessibility for potential clients.

With the right resources, funds and guiding vision, DigiCorp Labs has both navigated this challenge and progressed our product development significantly – a milestone that marks the beginning of our token utility and community growth phase.

We extend our heartfelt appreciation to the venture capitalists and family offices within our network, who have contributed approximately 90% of the total funds raised. Your invaluable support and understanding amid the challenges posed by the LCX situation are deeply appreciated.

With numerous positive developments on the horizon, we’re now fully equipped to embark on our decentralized journey together – and we couldn’t be more excited.

Our dedication to the shared goals and wellbeing of the DGMV community grows stronger every day. We believe wholeheartedly in our collective power, and our sights are firmly set on a brighter, more secure future.

Media inquiries or community questions regarding the LCX situation? Drop us a line at [email protected] and we’ll do our best to help. Additionally, community questions will be curated for our upcoming AMA, where we aim to address concerns transparently and comprehensively.

*
Legal Disclaimer

This communication is for general information purposes only, and not intended to be legal advice. It therefore should not be taken to instigate an attorney-client relationship between sender and recipient. Any reliance on this information is at the recipient’s own discretion and risk. For specific legal concerns or advice, please seek qualified legal counsel. The sender disclaims all liability in respect to actions taken or not taken based on any or all the contents of this communication.*

Community news - October 5, 2023

Greetings Metanauts.

Exciting news! We're thrilled to announce that DGMV-ID is now available in the Apple and Google app stores, and the participants in the onboarding testing phase have successfully completed their onboarding processes.

This marks a huge milestone in our journey towards revolutionizing decentralized technology, and to celebrate, we’re pleased to invite our dedicated token holders to join our exclusive Early Adopter Program.

What's in it for you?

As a member of our community, you’ll get exclusive early access to the licensed part of the DGMV-ID app. Taking part in this program will make you a future pioneer of digital identity – but that’s not all. As an Early Adopter, you will:

How to join

Being part of our transformational journey towards a decentralized future is simple! Just follow these steps:

  1. Head to our new product website
    https://dgmv.id -> click on “EARLY ACCESS DGMV COMMUNITY”
  2. Check your eligibility
    Ensure you have a minimum of 500 DGMV to participate
  3. Connect your wallet
    One $DGMV token will be automatically requested once your wallet is connected

This is your exclusive chance to actively contribute to the development of DGMV-ID and be at the forefront of decentralized digital security.

Let's shape the future of digital identity together! Join the Early Access Program now and be part of something extraordinary.

If you have questions or need support in the meantime, feel free to drop us a line at [email protected], and we’ll do our best to help out.

Team DCL: over and out.

Community update - End of August 2023

Greetings to our incredible community members!

We're thrilled to have you join us for another exciting update on our journey. Here's what's been brewing in the world of DigiCorp Labs.

As you might already know, we’ve reached out to our wonderful community members to help us test out the process for our DGMV-ID early adopter program. This is the final step before we invite everyone to be part of our security revolution!

Your collective wisdom and passion are remarkable. Every insight, suggestion, and moment invested in this journey will propel the evolution of the consumer version of DGMV-ID forward. Together, we're shaping the landscape of decentralized technology.

Now, let's dive into the heart of our endeavor.

What is DGMV-ID Passwordless Authentication?

In our digital world, accessing any digital platform begins with authenticating the device or user.

Web2 environments commonly use basic forms of authentication – such as usernames and passwords – with extra layers of security, such as 2FA, token authentication, biometrics, computer recognition, CAPTCHA and single sign-on.

The challenges of these methods lead to careless and improper use. Even when used correctly, we know that strong passwords with multi-factor authentication are still vulnerable to hacking – whether that’s due to inadequate safeguarding by the user or the organization.

No one likes using passwords. They understand the need for unique, complicated credentials, but we often struggle to remember them without writing them down, and often need to reset them due to forgetting.

As a result, many websites and services are implementing passwordless, decentralized login systems. Because while centralization is convenient, it often creates dependencies and lowers security – which is exactly why DGMV-ID is decentralized by design.

DGMV-ID provides passwordless entry to websites, platforms and services in Web3 environments, using multi-factor authentication (MFA) comprising QR codes and biometrics.

This challenge-response technique is based on the DigiByte Blockchain wallet (BIP39), and provides complete protection from account takeovers for both users and service providers thanks to key exchange and digitally signed messages.

What is the DGMV-ID Password Generator and 2FA Generator?

Next to passwordless authentication in web3 environments, DGMV-ID can also be used in traditional existing web2 environments, where the use of credentials (username and password) and additional factors of authentication (2FA) are still a requirement.
The DGMV-ID app generates unique, complicated passwords for all websites and platforms with password and username based login systems. All generated passwords are strong, deterministic and impossible to break with brute force.

While current password managers might create secure passwords, they usually store them, which creates an attack vector. DGMV-ID prevents this by generating new passwords for every login, so there’s no need to store them anywhere – not in the app or in the backend servers.

The DMGV-ID desktop browser extension transmits the password using ultra-secure one-time pad (OTP) encryption technology.

To use the password generator, all you need is the DGMV-ID mobile app and desktop browser extension. Service providers don’t need to change anything in their backend or websites.

Why should I use DGMV-ID 2FA instead of Google Authenticator?

Having 2FA integrated in the app means no need to switch to another application during the login process. Instead, DGMV-ID 2FA facilitates secure sharing of 2FA tokens between devices, with no need for centralized storage, QR code copying or writing down.

What’s the DGMV-ID Browser Extension?

The DGMV-ID Browser Extension displays QR codes that enable the creation of unique credentials for each individual webform. You must have it installed to use the Password Generator effectively on a desktop browser.

Underpinned by transport layer security (TLS), the extension communicates with a relay server to obtain the right credentials.

The browser also generates a one-time pad, which can then cryptographically derive multiple private keys, ensuring no third party can view sensitive information, and that only your extension and app share the encryption keys. The autofill function will then seamlessly complete the webform.

Chrome, Brave, Mozilla and Edge are all currently supported, with Safari on the roadmap.

When using passwordless authentication on a mobile web page, all you need to do is tap the QR code – no need to use the browser extension or scan the code.

What are the DGMV-ID Suite products?

Personal use:

Business use:

Passwordless B2C integration:

What’s the difference between consumer and enterprise versions of DGMV-ID?

The mobile applications are the same, but the licensing terms, functionalities and tools are different.

In the enterprise application, everything is tailored for a business setting, with white-labeling, an enterprise dashboard, customized SLAs and support for OpenID Connect Federation. This is all about establishing trust and enabling single sign-on (SSO) between an organization's internal and external systems.

We will gather consumer feedback around the app’s usage during the initial rollout. Early adopters – such as DGMV token holders – will have the opportunity to provide constructive feedback and ideas for future development.

We’ll create a Google Form to collate feedback and suggestions, taking this input and using it to execute a successful consumer market launch in Q4.

How is the DGMV utility token being integrated into the DGMV-ID framework, and what advantages will this offer to token holders?

The DGMV utility token grants access to our intellectual property and unlocks specific features.

Prerequisites for using the token vary depending on the feature or installation, so we’ve implemented a structured licensing framework to provide clarity.

Consumers need a consumer license to use the password generator, but not to use passwordless authentication or two-factor authentication (2FA).

Enterprises need an enterprise license to access the dashboard and allow their workforce to use the password generator for designated endpoints. Organizations that want to boost security levels for federation with i.e. Azure AD or Okta must get an enterprise license for the integration of an Identity Server and use of an Admin UI.

Businesses that want to provide passwordless authentication through DGMV-ID for their web users will need a license for backend code integration, which will include consultancy, maintenance and support.

You can activate consumer licenses with either DGMV tokens or fiat currency. We will calculate the equivalent DGMV token value based on current market value.

80% of the token quantity will then be transferred and securely locked in a vault for a minimum of five years, with the remaining 20% allocated to a pool for future utility purposes.

With fiat currency purchases, DigiCorp will acquire the equivalent value of DGMV tokens from the open market. The tokens required to sustain the license for the subsequent months will be sourced from the Ecosystem wallet. This deflationary model will foster a healthier token ecosystem, benefiting both token holders and DigiCorp.

Token holders will be involved in deciding how DigiCorp should use tokens after their five-year lockup.

The Road Ahead:

We're elated to share the path we're charting for the future.

Q3 and Q4 highlights:

We’ve got some super exciting updates and developments planned for the coming months, including:

Concluding note:

That’s all for now. We hope that update has left you feeling informed and inspired about what’s to come for DigiCorp! We’re excited about the progress, and our team is dedicated to continuing our journey of innovation. Stay tuned for more updates, coming your way soon.

Best regards,
DCL team