I recently fell victim to unauthorized SIM swapping, a type of mobile phone fraud in which a cybercriminal hijacks a victim’s cell phone number in order to attack a weakness in SMS-based two-factor authentication (2FA). A fraudster often goes after a victim’s bank accounts or cryptocurrency accounts to steal money or cryptocurrencies. While there are no definitive statistics about the extent of SIM swapping, SIM swappers have allegedly stolen hundreds of millions of dollars in recent years. Michael Terpin, an American crypto investor, claims that he lost $24 million in cryptocurrency due to two SIM swapping events over the course…


Blockchain technology can reshape the digital media industry through the tokenization of content by allowing songs, videos, and other virtual goods to be traded as crypto-assets.

Since the advent of Bitcoin in 2009 and the launch of Ethereum in 2015, the world’s cryptocurrency frenzy peaked on December 16, 2017 when Bitcoin price reached $19,783[1]. At the time of this writing, there were 1,656 cryptocurrencies listed on coinmarketcap.com. But almost all the cryptocurrencies out there are just cryptocurrencies; they can be used to pay for goods and services or exchanged one type (e.g. BTC) for another (e.g. ETC). …


After we published our inaugural article, “REOS — Empowering Your Content and Reflecting the Truth,” quite a few readers have been comparing REOS to Steemit. Today, I am clarifying everyone’s questions and explaining why REOS is a different kind of decentralized platform for user-generated content (UGC).

According to its official website[i], Steemit is “a community where users are rewarded for sharing their voice.” Its basic business model is straightforward: a user uploads content and the readers in the community decide how much the content creator can make based on whether they like it or not. …


What is REOS?

REOS is a blockchain-based ecosystem for user generated content (UGC) that empowers content creators and consumers. The platform enables content creators to monetize their UGC, such as short videos, in a variety of ways, without a middleman, while making sure that the content is validated by the REOS community. All digital content contributed by content creators are also registered on the REOSchain, the main blockchain for the REOS community, to ensure accurate attribution of ownership of the digital assets. Content creators can be securely paid by various stakeholders, bypassing any intermediaries, by using REOS, a utility crypto-token…

Leon Bian

Co-founder and CEO of Fanglr, a Silicon Valley start-up that is developing big data analytics and blockchain technologies. Project Lead of REOS.

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