Bleeding Edge Technology Platform Esaiyo Launches Groundbreaking White Paper

Jun 8, 2022

Denver,United States - June 8, 2022 /PressCable/ —

For Immediate Release:

Denver, CO: Esaiyo, a bleeding-edge technology company, has released its long-anticipated White Paper.

This in-depth overview of Esaiyo Trace: Blockchain Auditing for Multi-Chain Digital Assets, is currently available for download on Esaiyo’s website www.esaiyo.com.

Esaiyo believes all objects — physical, conceptual, and digital — have stories to tell and rights to individual existence which is secure, provable, testable, and audited. Evidence of asset behaviors should be easily available to anyone, anywhere. Currently, when a digital asset is created, the history, attributes, and behavior of the asset remain intact only so long as that asset remains on the platform where it was created. For non-fungible tokens (NFTs) especially, the “nature” of the asset implies the ability to migrate between markets that can best match with the value of the asset. Over time, NFTs will spend significant time in secondary markets, perhaps even more than on their original platforms. While much attention has been paid to bridging assets between chains and platforms, there is little scrutiny regarding the metadata of the NFT — including history, digital rights, ownership, relationships to other objects and assets, legal presence and jurisdiction, and characteristics of the object.

Esaiyo Trace (Trace) preserves both the asset transactional and intended behavior as well as its characteristics and implications for the entire life of the NFT. Moving across chains need not leave valuable information behind (when “burning” NFTs on the original chain). The moves need not be “new beginnings” for an asset (when “minting” NFTs on the new chain). Over time these “re-starts” impact the intrinsic, archival, and economic values of the asset itself. Esaiyo Trace maintains all aspects of the original asset as it migrates in a manner that preserves the primary capability of blockchain technology (Antonopoulos, 2017; Arsheep Bahga, 2017)

Esaiyo Trace enables intent, execution, and state-auditing where all observed behaviors are saved on-chain for NFT’s. Esaiyo Trace provides on-chain consistency and validation for these diasporic characteristics and combines them with the rich record of behavior required to capture and present the complete asset view.

Esaiyo Trace enables the cross-blockchain transfer of detailed information and data which make up the complete view of the asset preserving its provenance in addition to a coherent audit trail of all of the steps across both the source and destination marketplaces and blockchains.

In addition to launching its White Paper Esaiyo is now working with the Government of Barbados to explore the multiple uses of their proprietary software in protecting Barbados’ ownership pertaining of their heritage data and records while amplifying this information by surfacing and connecting the stories of Barbados’ people, culture, places, and significant objects through the launch of the ROAD Initiative. This initiative was launched in December via a press conference with some of the major stakeholders in the project including Barbados Prime Minister Mia Mottley, the projects Architectural lead Sir Daivd Ajaye, and LMI’s Maxwell Anderson.

With customers as diverse as NFT platforms, sovereign nations & large manufacturers lining up to leverage the combined Esaiyo vision-the SIO Standard and the Esayio technology platform-Esaiyo is poised to help solidify humanity’s onramp to the metaverse. Esaiyo is essentially building a framework to ultimately be the source of definitive narratives, authenticity, and provenance data for virtual and physical objects across the universe.

As Esaiyo CEO Raymond. St Martin stated, “As the next wave of information technology evolves around transparency and ownership, it is important to develop trust in a system that holds and surfaces the contextual data for all native and representative digital assets. By being the context engine that allows any bridge, platform or brand to point to any digital asset and display its on and off-chain history, Esaiyo looks to be that trusted partner for many new and enterprising endeavors. We are continually building our core in support of what is really beyond what people are calling Web 3.0, and give access to those who can create social, legacy, historical, and monetary value from tools like Esaiyo Trace.

Contact Info:
Name: Esaiyo
Email: Send Email
Organization: ESAIYO
Address: 1245 Champa St, Denver, CO 80204, United States
Website: https://esaiyo.com/

Source: PressCable

Release ID: 89076343

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Hamilton sets sights on racing in African grand prix

AUSTIN, United States — Lewis Hamilton on Thursday welcomed Formula One’s decision to return to Africa, but revealed reservations over the choice of Rwanda to host the continent’s first Grand Prix in more than three decades. The seven-time world champion also said he wanted to stay in F1 racing into his forties to make sure he can fulfil his dream of racing in an African Grand Prix. Speaking to reporters ahead of this weekend’s United States Grand Prix, the Ferrari driver said he was aware of concerns regarding Rwanda and said they should not be overlooked. "Of course, I don’t get to choose where we go and, naturally, there’s problems all over the world today,” he said. “I’ve seen many of the stories, but I think we really have to approach it with humility.” Formula One announced a 10-year agreement to race in Rwanda last week with the race set to join the calendar after a circuit has been built in the early 2030s. The last time an F1 race was held in Africa was the 33rd South African Grand Prix near Johannesburg in 1993 when Hamilton was just eight years old. "There’s a lot that we don’t know,” added Hamilton who has called for a return to Africa for many years. “Growing up in England, they never taught us anything about Africa. It needs to be on the curriculum… "A lot of the problems they have there are still the results of colonialism and the west intervening, but if you see the people, you see so many designs that are out there today. Top brands come from Africa, and it’s got all the richest resources. "I really hope, and I still have hopes, that Africa unites. I know there’s many people that don’t want that to happen -- because they would be so powerful if they did, but I’m still hopeful that at some stage they will. "And, of course, going doesn’t mean that you neglect the things that are happening there. "So hopefully many people start to educate themselves a little more about what is happening, what has happened for hundreds of years and I hope that does spark the conversation.” Hamilton, who warmly praised runaway championship leader Kimi Antonelli of Mercedes as he sat alongside him at a news conference, revealed also that he hopes to continue racing into his mid-forties. "I’m looking forward to racing with him longer. I mean, I’m now forced to have to stay a lot longer because we have a race in Africa -- and that’s been my dream, to be able to race in Africa.” "So, you’ve got time,” said the 20-year-old Italian. “You’ve got to do at least the first one.” "Yeah,” replied Hamilton. “I have to keep fighting to try and stay fit if I can. If I can still punch out good results over the next year, we’ll keep it going.”