BERKELEY, Calif — In an era where the digital divide continues to widen, one cryptocurrency initiative, ShaktiCoin (SXE), is re-imagining the future of digital transactions through a lens of inclusion and compliance. With the advent of Satoshi's TAKE-TWO, ShaktiCoin is setting a new course for digital money, promising a stable and universally accessible future with its innovative approach.
According to the World Bank, financial exclusion remains a barrier for nearly 2 billion people worldwide. This figure represents about 25% of the global population, marginalized from the traditional banking system and the economic opportunities it affords.
ShaktiCoin (SXE) is venturing to dismantle these barriers through its novel Proof-of-Effort (PoE) protocol. This mechanism allows instant wallet creation and brings the unbanked into the global economic fold. This approach doesn't just challenge existing banking norms—it redefines them, placing inclusion at the heart of compliance and signaling a seismic shift in how we conceive of financial participation.
At its core, ShaktiCoin (SXE) operates on the principle that financial access is a foundational human right. The Proof of Effort protocol is revolutionary, embedding compliance within the very architecture of ShaktiCoin (SXE) by documenting the genesis of every coin. This ensures transparency, security, and, most crucially, an inclusive financial ecosystem.
Satoshi's TAKE-TWO extends beyond the digital realm, championing environmental stewardship through sustainable mining practices. By aligning with the Paris Environmental Agreement, ShaktiCoin is paving the way for a more inclusive and greener financial world.
The implications of ShaktiCoin's (SXE) innovations are vast, from reducing exorbitant remittance fees to creating a more equitable economic landscape for migrant workers. Through this, SXE provides a platform for financial transactions and fosters a global community bound by shared goals of inclusivity and self-empowerment.
ShaktiCoin (SXE) stands as a testament to the power of grassroots initiatives in driving significant societal change. Its mission—spanning industries, governments, and cultures—is a clarion call to rethink our financial inclusion and compliance approaches.
ShaktiCoin's (SXE) trajectory presents an optimistic future where digital currency is a lever for broad-based economic participation and social equity. With its eyes set firmly on this horizon, ShaktiCoin (SXE) invites individuals and communities from all corners of the globe to join its network and partake in this financial revolution.
As the world grapples with the complexities of digital currency and its implications for global economics, ShaktiCoin's (SXE) model of inclusion and compliance offers hope. It challenges us to envision a future where financial systems are not just tools for economic transactions but platforms for societal transformation.
About ShaktiCoin (SXE):
The Shakti Coin project is a grassroots initiative transcending industries, governments, faiths, and political ideologies. Its mission is to promote the power of education among children and help the unbanked achieve financial inclusion.
Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti
Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti
WASHINGTON (AP) — Topping the list of contests in Tuesday’s primaries in four states is a U.S. Senate race in Maryland that has further complicated Democratic efforts to keep control of the narrowly divided chamber this fall.
The Associated Press declared former Gov. Larry Hogan the winner of the Republican U.S. Senate primary at 8:38 p.m. ET, while the competitive Democratic primary was still too early to call. The AP will only declare a winner once it can determine that a trailing candidate can’t close the gap and overtake the vote leader.
Here are the primaries at a glance:
Candidates: Former Gov. Larry Hogan, former state Rep. Robin Ficker, five others
Winner: Hogan
Called at: 8:38 p.m. ET
Poll closing time: 8 p.m. ET
About the race: Hogan’s late entry into the GOP primary gave his party a rare pick-up opportunity in a usually reliable Democratic state that last sent a Republican to the U.S. Senate in 1980. The two-term governor has been a vocal critic of former President Donald Trump and briefly flirted with a presidential bid last year. Hogan’s opposition to Trump might appeal to moderates and independents in the general election, but it could have created an opening for a candidate from the right to win over Trump supporters in the more conservative corners of the state. Ficker was Hogan's chief opponent for the GOP nomination. He's a former state representative, a recently disbarred attorney and frequent candidate. Before Hogan entered the race, Ficker had the biggest war chest of the rest of the Republican field. He has also run television advertisements aligning himself with Trump and his policies.
Why AP called the race: At the moment the AP declared Hogan the winner in the GOP primary, he led Ficker by about 67% to 25%, with most of the state reporting partial results. Hogan more than doubled Ficker's performance in central and more conservative Western Maryland, as well as on the Eastern Shore. Those areas were Ficker's best chance of winning over Trump supporters who might have been alienated by Hogan's opposition to the former president.
Ficker led Hogan in some of the counties Hogan lost in his successful 2014 primary bid for governor, such as Somerset, Dorchester and Garrett but not by nearly enough to offset Hogan's leads elsewhere in the state.
In the more populous areas of Prince George's county in the Washington suburbs and in Baltimore City and Baltimore County, Hogan more than tripled Ficker's vote totals at the time the race was called. Montgomery County, also in the Washington suburbs, had not reported results at the time the winner was declared, but by 9 p.m. ET, Hogan had more than quadrupled Ficker's vote total in the state's most populous county. These are some of the most Democratic-friendly counties in the state, where more moderate voters helped propel Hogan to his gubernatorial primary victory in 2014. Hogan was also far ahead of Ficker both among votes cast before primary day as well as votes cast in-person on primary day, and those leads have grown since the race was called.
Candidates: Prince George’s County Executive Angela Alsobrooks, U.S. Rep. David Trone, eight others
Poll closing time: 8 p.m. ET
About the race: Alsobrooks and Trone are in a competitive race for the Democratic nomination to replace Democratic incumbent Ben Cardin, who is retiring after three terms.
The contest pits candidates from the state's two most populous counties: Montgomery and Prince George's. Trone represents the northern portion of Montgomery County in Congress, along with all of more conservative Western Maryland. Alsobrooks is the chief executive in Prince George's County, the state's second most populous county and the county with the highest share of Black residents in the state. If elected, Alsobrooks would become the first Black U.S. Senator in the state's history.
Trone is co-founder and co-owner of wine retailer Total Wine and poured more than $61 million of his own money into the race, far outspending Alsobrooks.
Much of the state’s Democratic establishment has rallied behind Alsobrooks, namely Gov. Wes Moore, U.S. Sen. Chris Van Hollen and almost all of the state's U.S. House delegation. She also recently won the endorsement of The Washington Post.
Signs are pictured outside an early voting center on Thursday, May 9, 2024, in Rockville, Md. President Joe Biden and former President Donald Trump look to pad their delegate totals in Maryland Tuesday, May 14. Maryland voters will also decide contested primaries in a Senate race. Former GOP Gov. Larry Hogan's late entry into the race has given Republicans hope of a possible pick-up in a state that hasn't elected a Republican U.S. senator since 1980. The leading Democratic primary candidates are U.S. Rep. David Trone and Prince George's County Executive Angela Alsobrooks. (AP Photo/Robert Yoon)
FILE - U.S. Rep. David Trone, D-Md., speaks at a news conference Jan. 17, 2019, on Capitol Hill in Washington. Democrats voting in Maryland's contentious primary for U.S. Senate are divided about who is best positioned to beat Republican former Gov. Larry Hogan. Trone and Prince George's County Executive Angela Alsobrooks are the most prominent candidates in the Democratic primary. (AP Photo/Andrew Harnik, File)
FILE - Former republican Maryland Gov. Larry Hogan visits the Bridge Boat Show in Stevensville, Md., April 12, 2024. Democrats voting in Maryland's contentious primary for Senate are divided about who is best positioned to beat Hogan. Congressman David Trone and Prince George's County Executive Angela Alsobrooks are the most prominent candidates in the Democratic primary. (AP Photo/Susan Walsh, File)
FILE - Prince George's County Executive Angela Alsobrooks, center, listens during a bill hearing in Maryland, Jan. 23, 2020, in Annapolis, Md. Democrats voting in Maryland's contentious primary for U.S. Senate are divided about who is best positioned to beat Republican former Gov. Larry Hogan. Alsobrooks and Congressman David Trone are the most prominent candidates in the Democratic primary. (AP Photo/Brian Witte, File)
Signs are pictured outside an early voting center on Thursday, May 9, 2024, in Rockville, Md. President Joe Biden and former President Donald Trump look to pad their delegate totals in Maryland Tuesday, May 14. Maryland voters will also decide contested primaries in a Senate race that has further complicated Democratic efforts to keep control of the narrowly divided chamber this fall. The leading Democratic primary candidates are Rep. David Trone and Prince George's County Executive Angela Alsobrooks. (AP Photo/Robert Yoon)
