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Design a comprehensive software architecture diagram for the Project Name . Include all major components such as databases, APIs, and user interfaces. Ensure to specify the technology stack for each component, including programming languages, frameworks, and tools. Highlight the interactions between components and describe any potential bottlenecks or points of failure. Additionally, provide a list of best practices for maintaining scalability and performance within this architecture. Consider security measures and compliance requirements relevant to Industry . Finally, suggest three potential improvements or innovations that could enhance the current architecture based on the latest trends in Technology .