In its latest update on October 1st, 2024, the YEM Foundation shared crucial news and guidelines for the development of the YEM economy. While the Foundation emphasizes the security of its members and the integrity of the YEM ecosystem, the introduction of authorized domains plays a key role in achieving these goals.
By: Safezone Expert
Reading time: ca. 2 Min.
On the newly launched Authorized Domains webpage, the YEM Foundation lists all official and trusted domains associated with the YEM economy. This move was made to counter the growing threat posed by unauthorized and potentially unsafe platforms that may try to exploit the YEM community or cause harm to users.
Protection through Authorized Domains
The introduction of authorized domains ensures that all official services, from wallets to payment systems and exchanges, are only accessible through trusted and Foundation-approved platforms. This aligns with the recent security policies stating that third-party entities are currently not allowed to develop their own systems for the YEM economy, unless they receive explicit approval from the YEM Foundation.
This measure is designed to maintain control over the YEM ecosystem and ensure that all new developments meet the Foundation’s high standards and guidelines. This is especially important with the upcoming launch of YEMChain V2, a private blockchain that aims to further secure and strengthen the entire YEM ecosystem.
Benefits of the New Website
The authorized domains page offers YEM community members a clear and transparent overview of all trusted platforms they can safely engage with. It also serves as a central point for users to verify that they are using only official services.
By publishing this list, the YEM Foundation adds an extra layer of security to help prevent fraud and unsafe transactions. Members are encouraged to regularly visit the webpage to stay updated on the latest authorized domains and ensure they are not falling victim to phishing or other malicious activities.
Conclusion
The introduction of authorized domains is another step by the YEM Foundation to ensure the safety and protection of its members. Along with the strict guidelines for third-party services and the upcoming launch of YEMChain V2, the Foundation once again demonstrates its commitment to the long-term stability and integrity of the YEM ecosystem. Visit the Authorized Domains webpage to ensure you are using only official and trusted platforms, contributing to the overall security of the YEM community.
Read the Update here.