NEWPORT BEACH, Calif., Dec. 23, 2021 /PRNewswire/ — Crown Sovereign (CSOV) token, innovated by Crown Sterling Limited LLC, an encryption and digital asset solutions provider, is listed on HitBTC Exchange beginning December 23, 2021. The CSOV token is backed by a quantum-resistant blockchain security protocol, developed exclusively by Crown Sterling. CSOV has been successfully engineered to be the first blockchain utility for One-Time Pad encryption, enabling secure communication, data protection and control. HitBTC will host a trading competition with a prize pool of 150,000 CSOV from 00:00 (UTC) on December 24th to 00:00 (UTC) on January 10th, 2022.
CSOV enables token holders to pay for the secure transmission of their data with each transaction on the Crown Sterling Wallet, Crown Sterling’s native data transfer and messaging application. With data emerging as the most valuable asset of the digital age, the CSOV serves as a tool that will enable individuals to protect, control and monetize their data in an era of largely unregulated big tech vulnerability and monopolization.
The Crown Sterling chain is a live network on the Polkadot blockchain and is the first to implement quantum-resistant, One-Time Pad encryption as an option for a blockchain’s state transition function, which is the process flow of transactions on a network. Crown Sterling is built on Polkadot to enable high speed, concurrent transaction, and integration of custom encryption solutions, which Polkadot permits.
“The token is backed by real utilities: quantum-resistant cryptography and quantum-resistant NFTs as well as other future compression technologies. With CSOV, consumers will be able to NFT their own digital assets, including data, empowering original producers with the ability to claim, protect, control and monetize their digital assets. We are excited about the expanding utility of our tokens through our broad product offering and continuing development efforts,” said Robert Grant, CEO and co-founder of Crown Sterling.
For more on CSOV and data sovereignty technology, please visit https://csov.crownsterling.io/csov and read the White Paper. For announcements and updates, join the Telegram channel and follow CSOV on Twitter.
About Crown Sterling Limited LLC
Crown Sterling’s mission is to empower individuals to claim, protect, and control their data in an era of largely unregulated Big Tech vulnerability and monopolization. Crown Sovereign (CSOV) utility token enables users to access the novel product suite, including quantum-resistant cryptography and NFTs, end-to-end encrypted messaging, and other future data compression technologies. The Crown Sterling Chain is an independent high-speed Layer 1 solution built using Polkadot’s Substrate framework. With CSOV token and ecosystem, users can also encrypt personal data, including geolocation and browsing history, and convert that data into NFTs with the option to monetize it on exchanges. With data emerging as the world’s most valuable asset, Crown Sterling looks forward to ushering in a new paradigm of Personal Data Sovereignty.