A Cryptographic asset management system
Tags: Cloud Token, Cryptocurrency, Bitcoin, Cloud Token Wallet, Cryptography

What is Cloud 2.0?

The Cloud Wallet version 2.0 is a fully distributed wealth management digital wallet that integrates all blockchain cryptographic assets into one platform. Powered by the state of the art blockchain 4.0 technology, Cloud 2.0 is equipped with a comprehensive toolset that enables users to not only secure all transactions but also store, earn, and spend cryptocurrency anytime, anywhere. To prioritize the security of users’ assets, the wallet has undergone various compression tests and is protected by powerful anti-theft technology to maintain the security and integrity of a user’s digital assets.

The decentralized nature of blockchain is one of the differentiating factors which makes it a leading technology and constitutes the system’s security — which is why Cloud Wallet Version 2.0 has leveraged the 4th generation blockchain technology to support multiple digital currency storage and perform speedy transactions. The advanced technology distributes information across different networks via nodes, enabling cross-chain encryption trading and payments.

Designed by a team of highly-skilled blockchain developers, Cloud 2.0 creates a unique, multi-faceted platform empowering users to experience the benefits of the blockchain 4.0 technology through its easy-to-navigate mobile interface. The features of the platform are summarized below:

Cloud 2.0: A Diverse Ecosystem at Your Fingertips

Cloud 2.0 is more than just a wallet or an AI trading bot. It is an ecosystem connecting all users to shape a wealthy society and empowers individuals as well as organizations to utilize digital assets in a variety of ways — all through the app itself.

Cloud OTC — collect profits and purchase different cryptocurrencies on the Ribbons DEX (Decentralized Exchange)

CloudSIM — obtain the multi-functional global data sim by using your profits

CloudRedeem — manage and redeem rewards and deals at participating outlets and service providers

CloudTravel — liquidize digital assets for the array of travel essentials offered

Cloud Merchant Program — build sustainable wealth for businesses

CloudChat — An in-app anonymous community where members and teams connect to discuss and interact

Atomic Swap — exchange cryptocurrencies seamlessly

Cloud 2.0: An Economic System

Seeking to provide true financial freedom through the integrated social and wealth management ecosystem, Cloud Wallet delivers a continuous wealth-building environment for individuals and works to address the inequality of the current financial system. Cloud 2.0 is capable of changing and contributing to the betterment of one’s lifestyle by unleashing the full potential of the underlying blockchain technology as well as the use of digital assets.

Ronald Aai, one of the masterminds of Cloud 2.0, explains the power of blockchain and the long-term economic plan of Cloud 2.0 below:

“What exactly is the blockchain? In layman terms, it’s a system that keeps you informed of the whereabouts of your money at all times. This stands in contrast to current banking systems, whereby the whereabouts of your deposited money is unknown. Most would assume the money remains in their bank account, but in reality, your assets are lent to businesses who in return, repay interest to the bank. Businesses use your money to pay tax to the government based on the profit generated, which means your money is in the hands of the government. Given the current economic situation, most businesses are unfortunately failing. This could mean that you may lose your assets anytime as the government could bail out the banks that have lent out your money to businesses.”

“With the introduction of the revolutionary blockchain technology, it’s safe to say that its decentralized and transparent nature has eliminated our fear of the unknown. Compelled by the potential opportunities of blockchain, Cloud 2.0 has implemented the technology to not only help people store their assets securely but also earn rewards by simply storing assets within the wallet. This act is known as “compound financing” and it is exactly what banks are attempting to achieve, i.e generating sustainable yield for the people. The idea is for users to collateralize the vested tokens, the yield is returned to the users to be spent on local businesses. This would facilitate a healthy economic and financial market cycle by generating more tax yields which benefit both the people and the government.”

“The traditional way of thought implies that when people are wealthy they spend more, and in return contributes to the betterment of the national economy. However, this is not exactly true. For that to happen, spendings must be performed within the local economy for it to benefit the country. How do we ensure that society is empowered to spend and stimulate the local economy? The answer lies in the following logic: Most of the working population pays taxes. By converting tax into tokenized collateral, which can then be used by the government to return to the people. The collateral can be used by the people to shop at local businesses, which in turn can use the collateral to deduct their taxes. This way, the government will not be losing any income and hence, can create a higher GDP. Cloud 2.0 is currently hard at work with government agencies to launch this comprehensive plan.”

To summarize, the cutting-edge blockchain 4.0 technology underpinning Cloud 2.0 is integrated with advanced Artificial Intelligence (AI) and online technology to foster a stable, long-term ecosystem capable of benefiting individuals, families, communities, and even countries. The vision is well underway with various features of the Cloud Wallet version 2.0 already being executed all across Southeast Asia. Further down the line, the development of Cloud 2.0 is set to greatly contribute to the development of nations and transform the economic system. Be part of the future, be part of Cloud 2.0. Download the app today!

For more information, please visit www.cloudtokenwallet.com.

A brief introduction of Ronald Aai:

Ronald Aai, the face of Cloud 2.0, is the mastermind of the formation of Cloud 2.0 and is responsible for the technical and programming aspects of the project.

Ronald has been a serial entrepreneur in the technology field for twenty-five years. In the early days of his career, Ronald has successfully built several online businesses and generated new technologies for social media, payments, mobile wallets, mobile phones, telecommunications systems, games, and blockchain technologies.

Born in the year of 1977 in Malaysia, Ronald Aai was exposed to programming under the influence of his father. At just the age of 15, he was invited to write the first version of antivirus software for DOS. At 19, Ronald Aai developed an online social networking system in just 6 months which quickly reached 350,000 members. This system was subsequently sold to a well-known Malaysian company.

His skills and achievement continued to grow his career. Ronald was hired by a technical agency cooperating with the Malaysian Ministry of Defense (MINDEF) to develop an enterprise resource planning system (ERP — Enterprise Resource Planning) based on UNSPSC (The United Nations Standard Products and Services Code). Amidst handling major projects, Ronald managed a huge team in developing Material Requirements Planning (MRP) at Perodua, Malaysia’s largest car manufacturer.

At the beginning of the 21st century, his in-depth knowledge and expertise of mobile devices led Ronald Aai to international opportunities in Argentina and South Korea as well as to the best software engineers at Samsung, Sewon, and LG, where he quickly familiarized with internal research even before the smartphone was launched to the official market.

A few years later, he worked with Danish engineers on the development of chipsets for Skyworks, Sagem, and Wavecom. Later in 2003, he became the Director of Technology responsible for the software and hardware design for a large mobile phone manufacturer in Shenzhen, China, and introduced more than 20 templates in one year for major cell phone manufacturers such as Sony and Motorola.

In 2004, Ronald established a smartphone and software-producing business, Maxitech. The company was well recognized for its exceptional achievements in the technological field and won various awards across the United States and Asia. Maxitech successfully attracted over 50 million users of the virtual gaming console platform, which was then acquired by Corous360 Pte Ltd based in Singapore.

In the year 2017 in Singapore, Ronald and his team created a mobile technology-focused company, Bit Beta Pte Ltd. The Bit Beta system is a revolutionary technology based on the fourth-generation blockchain which is shared by all network participants. It is the only ultra-fast blockchain network in the world for mobile devices (smartphones, IoT devices, etc.).

Ronald Aai is now fully engaged in the Cloud 2.0 project, focusing on bringing the breakthrough platform to the forefront of the technological and economic world.