Numbers Protocol NUM Price

What is Numbers Protocol (NUM)?

Numbers Protocol (NUM) is a decentralized protocol designed to enable the verifiable and authentic creation, sharing, and management of digital images. By leveraging blockchain technology, it ensures that images are not only easily accessible but also traceable to their original source, thus combating issues related to copyright infringement and misinformation. The protocol uses a unique identification system for images, allowing users to verify the authenticity of digital content, which is increasingly important in a world where fake news and manipulated media are prevalent. According to recent statistics, the global digital image market is expected to reach $4.6 billion by 2025, highlighting the growing importance of image authenticity.

Who are the Founders of Numbers Protocol?

Numbers Protocol was co-founded by a team of experienced professionals in the fields of blockchain, technology, and digital media. Key founders include:

• Dr. Yifan Wang: A blockchain expert with a background in computer science and extensive experience in developing decentralized applications.
• Daniele Bianchi: An entrepreneur and technologist with a focus on leveraging blockchain to solve real-world problems, particularly in media and content verification.
• Shuai Yang: A specialist in digital marketing and media, contributing expertise in user engagement and platform scalability.

This diverse team combines technical prowess with market insight to build a robust ecosystem for image authenticity.

How does Numbers Protocol Work?

Numbers Protocol operates on a decentralized network that utilizes blockchain technology to create a secure and transparent environment for digital images. The process involves several key components:

• Image Identification: Each image uploaded to the Numbers Protocol is assigned a unique identifier, ensuring it can be tracked and verified throughout its lifecycle.
• Decentralized Storage: Images and their metadata are stored on a decentralized network, eliminating single points of failure and enhancing security.
• Verification Mechanism: Users can verify the authenticity of an image by checking its unique identifier against the blockchain ledger, which records all transactions related to that image.
• Community Engagement: The protocol encourages community participation by allowing users to contribute to the verification process and earn rewards in NUM tokens.

This structured approach ensures that images are authentic, verifiable, and tamper-proof, addressing the growing concerns around digital content integrity.

Top Use Cases of Numbers Protocol

Numbers Protocol has a range of applications across various industries. Here are some of the top use cases:

• Media and Journalism: Journalists can use the protocol to authenticate images before publication, ensuring the credibility of their reporting.
• Art and Photography: Artists can establish provenance for their digital works, protecting against unauthorized use and copyright infringement.
• Social Media: Platforms can integrate Numbers Protocol to allow users to verify the authenticity of images shared on their networks, combating fake news.
• Advertising: Brands can use the protocol to guarantee the authenticity of images in their marketing campaigns, enhancing trust with consumers.
• Education: Educational institutions can verify the authenticity of images used in academic materials, ensuring the integrity of educational resources.

The versatility of Numbers Protocol positions it as a valuable tool for enhancing trust in digital imagery across numerous sectors.

How to Keep your Numbers Protocol Safe?

Keeping your Numbers Protocol assets safe involves several best practices to ensure security and privacy:

• Use Strong Passwords: Create complex passwords for your wallet and accounts associated with the Numbers Protocol to prevent unauthorized access.
• Enable Two-Factor Authentication (2FA): Always activate 2FA for an additional layer of security on your accounts.
• Keep Software Updated: Regularly update your wallet software and any associated applications to protect against vulnerabilities.
• Be Wary of Phishing: Always verify website URLs and avoid clicking on suspicious links that may lead to phishing sites.
• Backup Your Keys: Ensure you have secure backups of your private keys and recovery phrases in case of device failure or loss.

By implementing these measures, users can enhance the security of their NUM tokens and digital assets within the Numbers Protocol ecosystem.