Category: Cryptocurrency

How Do AI Workflow Automations Work?

A 2022 survey from Vanson Bourne revealed that around 91%1 of respondents saw increased demand for automation from business teams. As AI technology evolves, that demand will only grow. AI automations can help organizations work smarter at every level. But how exactly do these workflows function? This article unpacks what AI workflow automation is and how it works behind the scenes.

What is AI workflow automation?
AI workflow automation is the use of artificial intelligence to automate complex, multi-step tasks that typically require human decision-making. While rule-based automation may rely on rigid instructions, AI automation adapts to data patterns. It learns over time and can flexibly handle unstructured input like emails, documents, or customer requests.

AI workflow tools can understand, decide, and act based on context. These tools can help streamline processes and reduce manual effort while improving speed and accuracy.

How do AI workflows function?
AI workflows function by connecting a series of intelligent tasks or steps to complete a goal from start to finish. The specific tasks can vary depending on the use case. Some workflows may be entirely automated, while some may require human input. Let’s take a closer look at some core components that power AI workflows.

Machine learning (ML)
Machine learning models can make predictions, identify problems, or find patterns. Machine learning has many uses in a workflow including classifying documents or prioritizing tasks. ML acts as the “decision engine”, helping automate steps that would otherwise require manual analysis or classification.

Natural language processing (NLP)
NLP allows AI systems to understand and interpret human language for seamless communication. It’s a crucial component in workflows that involve text, speech, or communication. For example, NLP can automatically extract key data from emails or summarize meeting notes. This enables organizations to automate content-heavy tasks without sacrificing understanding or context.

Automation triggers
AI workflows are usually event-driven. A trigger might be a form submission, a task status update, or an incoming message. Once initiated, the AI workflow executes a sequence of tasks based on logic, conditions, and model predictions. These triggers help organizations respond faster, reduce delays, and eliminate manual intervention.

Predictive algorithms
Predictive AI models help forecast future outcomes based on past behavior. These algorithms can be used to detect workflow bottlenecks or even predict them based on past occurrences. Effective predictive models require good data and smart integration. When done right, they can help businesses make smarter, data-informed decisions with minimal human input.

Benefits of AI workflows
Here are some of the advantages that AI workflows offer.

  • Increased efficiency: Automations can take on repetitive and time-consuming tasks. This frees up teams to focus on more strategic work.
  • Scalability: AI workflows can process large volumes of data or requests without extra headcount. They make it easier to scale services or operations.
  • Improved accuracy: Trained models and rule-based logic may help reduce the risk of human error.
  • Faster decision-making: AI workflows can analyze data and trigger decisions in real time. This may enable businesses to respond to problems or opportunities faster.

From streamlining internal operations to powering real-time customer experiences, AI workflow automation is helping businesses scale their operations at a reduced cost. AI workflows offer a powerful path toward enhanced efficiency.

[1] Vanson Bourne – Case studies Salesforce Business Demand for Automation. June 2022. https://www.vansonbourne.com/case-studies/business-demand-for-automation/

CONTACT:
Sonakshi Murze
Manager
sonakshi.murze@iquanti.com

SOURCE: iQuanti

GBA Business Confidence Index eases to the 50 neutral mark

  • Survey reveals recovery momentum intact

Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the Standard Chartered GBA Business Confidence Index (GBAI) for the second quarter of this year. The current performance of “business confidence” eased to the 50 neutral mark while the expectations index remained in the expansionary territory (58.7), the second-highest reading in two years. The headline expectations index for credit also remained expansionary at 51.6, reflecting sanguine underlying growth expectations among companies in the region. Both expectations and credit indices point to further recovery in the third quarter.

Resilient investment appetite
The softer Q2 GBAI readings were expected considering the strong first-quarter GBAI performance brought by Mainland China’s swift post-COVID sentiment rebound. The performance of underlying sub-indices was more diverse this quarter after a more uniform increase in Q1. Fixed Asset Investment had the highest score of 52.9 among components, suggesting that respondents remained optimistic towards the longer-term GBA business outlook, by acknowledging the need to invest in capacity expansion in anticipation of further demand normalisation.

Industry sub-indices vary
The current performance index for Professional Services rose 4.0 points to an industry-best 56.1. The sector’s expectations index also outperformed by being the lone print above 60 (61.9). The current performance and expectations index of Financial Services and Innovation and Technology saw the largest quarter-to-quarter drops among sectors. Financial respondents’ sentiment was driven by margin pressures and credit worries amid an easing recovery momentum while the tech sector continues to face many headwinds, led by the ongoing global semiconductor downcycle.

China on modest recovery path
“The dip in the index in Q2 reflects the normalisation of base effects, softening of nationwide macro data quarter-to-date, and the novelty of reopening was bound to wear off. However, the index did not fall back into contractionary territory, suggesting only a softening of the recovery momentum. Given that GBA is a microcosm of Mainland China’s diverse economic drivers making it a bellwether for overall growth, we see the mainland managing to stay on a modest recovery path,” said Mr Kelvin Lau, Senior Economist, Greater China, Standard Chartered.

More diverse performance among GBA cities
There was a more diverse city performance among the current performance sub-indices. Most notably, Shenzhen (from 51.5 to 51.9) and Dongguan (from 53.5 to 56.4) showed their second consecutive improvement while other city sub-indices fell. Shenzhen weathered weaker responses from its tech respondents by posting the highest manufacturing and trading score among all city sub-indices. Guangzhou and Hong Kong, the other two GBA core cities, outperformed Shenzhen across the other four industry sub-indices.

Sustained recovery momentum in the coming quarters
Ms Irina Fan, Director of Research at the HKTDC, said: “We continue to take comfort from the fact that all city expectations indices stood comfortably in the 50+ expansionary territory, consistent with our view of a sustained recovery momentum in the coming quarters. That includes Hong Kong, which, despite returning to the lowest score of the pack, still managed to record a solid 54.7 expectations print (led by retail and professional services), making it two straight quarters of expansion.”

Overseas global supply chain migration yet to happen
Although there has been a lot of discussion about global supply chain shifts in the market, 91% of survey respondents said they have not moved any capacity overseas, and 87% reported no plans to do so for now. The survey found the biggest hurdles and concerns for relocating production capacity overseas are “cost of production higher than expected” topped the list at 34.6%, followed by “poor labour quality and productivity” at 29.9%, and “lack of good suppliers / proximity to suppliers” at 22.8%.

Related materials
– Standard Chartered GBA Business Confidence Index Report: https://www.sc.com/hk/gba/gba-index-report/
– HKTDC Research: https://research.hktdc.com/en/article/MTQxNzI2NzQ2MA

About Standard Chartered
We are a leading international banking group, with a presence in 57 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR’s three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn and Facebook.

About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Corporate Affairs Department
Standard Chartered Bank (Hong Kong) Limited
Sharon Cheung, Tel: +852 3843 0144, Email: Sharonps.cheung@sc.com

Communications & Public Affairs Dept
Hong Kong Trade Development Council
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

CIPHER-CORE, Inc. President Invited to Present Company at Digital Currency Conference

CIPHER-CORE, Inc., (Pink sheets:CFCI) a company that provides end-to-end protection technology for communication systems, remote authentication technology for IoT systems and Crypto Cash technology.

Mr. Takatoshi Nakamura, CEO and President attended the Digital Currency Conference (DCC) May 17 through May 19, 2023 in Mexico City. Seventy-one organizations from 33 countries focused on technology and design aspects of both Central Bank and Private Digital Currencies. It was successful to join DCC and introduce our products for the future of Digital Currencies with the participants at this conference.

The first day of the Conference, Digital Currency Fintech Innovation showcased the most outstanding start-up Fin-Techs, several innovation hubs within established commercial banks, and organizations with digital currency innovation.

Ten innovative companies were selected to make a presentation of their projects. CIPHER-CORE, Inc., Mr. Nakamura was one of the ten selected companies who highlighted the following for the executives of the central banks and the companies.

1. Why our product is different from existing solutions:
Our product is the world’s first application of unbreakable complete cipher technology based on “Information-theoretic security” to CBDC. This is the world’s first and only technology and Product that realizes the “digital cash” ideal for CBDC in retail.

2. Why we think we can make a difference in the digital currency area:
First, for retail CBDC, it is the world’s one and only solution to realize “digital cash”. On the other hand, for wholesale CBDC, since it will always use some kind of network, we are able to provide a solution that can eliminate “man-in-the-middle” attacks, for which there is no Fundamental solution even today, by applying complete ciphers.

Mr. Nakamura joined the various presentations performed by the Banks and other companies and events arranged by the DCC pursuant to the program.

Mr. Nakamura spoke directly about CIPHER’s unique technologies for CBDC with 11 executives of the central banks, all of whom indicated their great interest in his proposal and willingness to proceed with opportunities.

Investor Relations:
Claire Singleton
Tel: 801-580-9928
Email: clairesingleton@aol.com
URL: http://www.ciher-core.com/en

First Bitcoin NFT Marketplace to Use RGB Smart Contracts, DIBA Launches on Mainnet

  • DIBA’s mainnet launch includes a Bitcoin-only tokens wallet using apocalypse-resistant storage technology via its partnership with the largest bitcoin mining company in North America

DIBA, the first Bitcoin NFT marketplace leveraging RGB smart contracts, launches on mainnet. The launch includes BitMask, a one-of-a-kind, Bitcoin-only wallet that can hold music and art unique digital assets (UDAs), and Carbonado, hosted on high availability storage and cloud services provided by Hut 8, one of North America’s largest innovation-focused digital asset miners and high performance computing provider.

Backed by notable bitcoin investors Tim Draper of Draper Associates, Bill Tai of ACTAI Unicorn Fund, Yasmeen Drummond of NIMA Capital, and Erez Kalir of Martial Eagle Fund, DIBA aims to bring Bitcoin utility to the masses through enabling the exchange of UDAs on the most decentralized, censorship-resistant network.

Gideon Nweze, Founder & CEO of DIBA, said, “It’s our view that Bitcoin is the only network that is positioned to become the foundation for the next world economy given its decentralized, censorship-resistant, Proof-of-Work design. Bitcoin is designed to be built in layers and this one reason is why we’re very excited to announce the launch of DIBA, which enables the exchange of Unique Digital Assets for the first time on Bitcoin. This marks a major milestone in the transition of the internet onto Bitcoin.”

Tim Draper, American Venture Capital & Bitcoin Investor, said, “The bull case for Bitcoin assets is in the ballpark of $10bn market cap over the next couple of years. What Gideon and the team at DIBA have built is a testament to the potential NFTs on Bitcoin hold in capturing the creative and sovereign spirit of this next generation. I am excited about DIBA’s launch and look forward to their future growth.”

Josh Rayner, VP of High Performance Computing at Hut 8, shared, “We are bullish on Bitcoin and the potential of Layer 1 and 2 protocols, and are proud to support DIBA’s Bitcoin NFT platform with high availability storage and cloud services on our HPC infrastructure, as part of that evolution.”

The DIBA marketplace uses RGB, a Smart Contract Protocol on Bitcoin that enables encrypted transactions, and the Lightning Network to offer free NFT mints, sovereign and private assets, as well as deterministic unhackable smart contracts.

To learn more about DIBA, visit DIBA.io and follow them on Twitter @trydiba.

For media inquiries, please contact Phil LeRoy at (310) 260-7901 or phil(at)melrosepr(dot)com.

About DIBA

DIBA Global builds decentralized application Infrastructure on Bitcoin and the Lightning network. As the first marketplace on Bitcoin using RGB Smart Contract Protocol and Lightning Network to exchange Unique Digital Assets (UDAs), commonly referred to as NFTs, DIBA Marketplace is focused on accelerating art & entertainment utility on Bitcoin. DIBA’s mission is to help millions of people own, use and exchange non-custodial digital assets that are censorship resistant while catalyzing access, equity, and fairness. Visit DIBA at www.DIBA.io.

GMEX Group launches ZERO13 digital carbon credits aggregation ecosystem

GMEX Group Limited (“GMEX”), a leader in digital business and technology solutions for capital, commodities and sustainability markets, announces the launch of ZERO13, a climate fintech.

ZERO13 provides an automated AI and multi-blockchain driven aggregation ecosystem delivering trusted supply, digital issuance, trading, clearing and settlement for a broad range of carbon credits and related ESG real-world assets. ZERO13 digitally interconnects multiple stakeholders, including registries, banks, custodians, asset managers, corporates, buyers and sellers, markets, exchanges, climate tech and fintech firms to help achieve Net Zero.

The Verdana Eco-Consortium is partnering with ZERO13 to provide collective safeguards to address double counting by integrating its dMRV (digital measurement, reporting, verification), registry infrastructure, and connecting to standards bodies for carbon credits, with data sharing into the World Bank sponsored Carbon Action Data Trust (CAD Trust) to provide transparency. Alléo Energy and Pay DIRT are bringing fuel replacement and nature-based carbon credits into ZERO13, giving them the end-to-end digital provenance to address green washing, as well as enhanced distribution.

The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) estimates that demand for carbon credits could increase by a factor of 15+ by 2030 and up to 100 by 2050. Recent independent research shows that the global carbon credit market traded value was US$978.56 billion in 2022. The market is expected to reach US$2.68 trillion by 2028, at a CAGR of 18.23% during 2023-2028. Carbon credits are a high priority for corporations and institutions yet are beset by problems, impacting:

  • Trust: fraudulent carbon credits, double counting and green washing
  • Efficiency: lack of price transparency, vertical silos and market fragmentation
  • Distribution: lack of digital registry enablement and too many intermediaries

At this time there is no cohesive global carbon ecosystem, as the market is fragmented with multiple silos. Registries have manual supply and are mostly isolated, as are carbon exchanges and over the counter trading, and there is very little peer-to-peer connectivity within the market. This missing link prevents market growth and development.

Hirander Misra, CEO of ZERO13 and GMEX Group commented, “ZERO13 provides a desperately needed, interconnected global carbon ecosystem for all types of participants, in a regulatory compliant manner, to more efficiently match supply with demand.” He added, “It’s a privilege to collaborate with Verdana’s Eco-Consortium to digitally address the end-to-end issues in voluntary carbon markets and to unlock carbon credits supply from partners such as Pay DIRT and Alléo Energy, bringing trust by demonstrating full digital provenance.”

Asad Sultan, CEO of Verdana and Co-Founder of Eco-Consortium, commented “To ensure greater credibility with institutional and corporate market participants, the supply of all types of carbon credits should be transparently verifiable and then securely tradeable in regulated markets.” He added, “Our partnership with ZERO13 aims to make carbon credits and related ESG markets more trusted and efficient using a digitally integrated approach.”

Bob Waun, Principle of Pay DIRT, LLC commented, “Proven advances in economics and efficacy of biochar in reducing water need and fertilizer inputs will increase ROI on crop land investment.” He added, “By utilizing these methods and harnessing the technological capabilities of our partner ZERO13 to generate and distribute a trusted supply of digital biochar carbon credits, we will both benefit our business and have a positive impact on the environment, food nutritional value and economy of American farm communities.”

Tim Adkins, Managing Partner of Alléo Energy, LLC commented, “We are excited to announce our partnership with ZERO13, which is a game changer from a sustainability perspective, as we are able to generate carbon credits from our production of a truly sustainable fuel product at, or below, the cost of a comparable fossil fuel, and optimise their distribution into the market digitally.” He added, “This and our production and supply of biochar and its application to the agricultural land banks of Pay DIRT, LLC optimizes the generation of carbon credits, with provenance that buyers can trust to avoid green washing.”

About GMEX Group Limited

GMEX Group (GMEX) offers sustainable digital solutions for the new age of global markets. The firm is a leading global provider of multi-asset exchange trading and post-trade software/software as-a-Service (SaaS) market infrastructure solutions and ‘network of networks’ digital platform services. GMEX addresses end-to-end regulatory and contract environment needs for issuance, trading, clearing and settlement across exchanges and across multiple asset classes including traditional, digital and hybrid assets, as well as digital carbon credits and ESG real-world assets.

It is the ‘Winner of:

  • ‘Best Development in Fintech of the Year’ – 2022
  • ‘Best Global Hybrid Finance FinTech Company’ – 2022
  • ‘Best Solution for Trading Digital Assets’ – 2023
  • ‘Most Influential Financial Technology Firms of 2023′ – 2023

For further information on GMEX, please visit https://www.gmex-group.com/.

About ZERO13

ZERO13, a venture by GMEX, is an automated AI and blockchain-driven international carbon exchange, registry and aggregation hub ecosystem. The ZERO13 Hub provides a Platform-as-a-service, which offers a distributed point of entry for digital issuance, trading and settlement of carbon credits and real-world assets such as ESG securities. ZERO13 Hub connects multiple international carbon exchanges, registries, custodians and ESG project owners globally for supply verification, transparent pricing and real-time settlement using APIs and across blockchains enabled by ZERO13 Chain (‘Pyctor’).

For further information on ZERO13, please visit https://www.zero13.net/.

About Verdana

The Verdana Platform is a cloud-native SaaS system, with a dMRV engine that sits as a node on Blockchain to extend the Blockchain’s immutability to remote emission reduction projects. The platform is operational and currently used to gather power consumption and carbon footprint data from dispersed commercial facilities across AsiaPac. It is scalable, secure, built on open-source modules, and accessible to authorized parties over their smart devices. While the carbon footprint management business is expected to grow to $12B by 2025, Verdana’s Blockchained SaaS Platform is uniquely different from others by providing immutable, end-to-end automation that restores credibility to the carbon trade.

For further information on Verdana, please visit https://www.verdana.io/.

About Verdana Eco-Consortium

Eco-Consortium is Verdana’s majority owned subsidiary that integrates Verdana’s Measurement, Reporting, Verification (dMRV) engine with the equity partner Eco-Registry’s GHG Accounting Blockchain to provide digital infrastructure for national and voluntary sector registries, to support sovereign commitments in reducing Green House Gas (GHG) emissions. Eco-Consortium currently hosts the carbon standards registry, CerCarbono. Additionally Eco-Consortium connects to the World Bank sponsored Carbon Action Data Trust (CAD Trust) that provides a metadata layer to connected entities. This helps Eco-Consortium tag carbon credits as compliant with Article 6.2 of the Paris Rule Book, i.e., prevent double counting of lowered GHG emissions.

About Pay DIRT, LLC

Pay DIRT, LLC (“Pay DIRT”), is a private company focused on high impact investing in agricultural land. It partners with local farmers and organizations to keep the positive economic impacts of their investments in these American communities by focusing on building up the soil health, first, instead of the traditional seasonal crop yield thesis of farmland valuation. The USDA states that “adding biochar to soil has been shown to reduce water use by up to 40% while increasing crop yields.” Facts support Pay DIRT’s initiative to purchase tens of thousands of acres of near-degraded US farmland to implement innovative soil health improvement strategies.

For further information on Pay DIRT, please visit https://www.dirtinvest.com/

About Alléo Energy, LLC

Alléo Energy, LLC (“Alléo Energy”) is a renewable energy and renewable commodities company with a mission to revolutionize the renewable liquid fuel industry by converting wood-waste into 100% renewable high value commodities. This state-of-the-art process turns locally sourced excess cellulosic waste (e.g., wood chips, etc.) into energy resources and high value commodities that can be refined into multiple energy products as well as natural (and carbon negative) soil, and crop yield ameliorants.

For further information on Alléo Energy, please visit https://www.alleoenergy.com/

MEDIA CONTACTS:
ZERO13 and GMEX Group
Melanie Budden
The Realization Group
Tel: +44 (0)7974 937 970
Melanie.budden@therealizationgroup.com
pr@gmex-group.com

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass’ founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to register via https://www.blockpass.org/eventform/ by the expiration date of June 1st, 2023!

Since 2015, Consensus has been a major feature in the blockchain and crypto calendar, with vast swathes of the community gathering to collaborate, discuss and create all manner of Web3 ideas and solutions. Organized by CoinDesk, the event provides an amazing opportunity for those involved by hosting a platform for blockchain and crypto businesses and revolutionary thinkers to meet with the community through talks and panels. This year, the event will also feature private workshops for interested parties to meet and work on key crypto challenges which CoinDesk will publish afterward in a report.

Since the collapse of FTX and similar disasters faced by other crypto platforms, the regulation hammer is coming down hard on the crypto ecosystem. There is a fundamental lack of compliance opportunities for blockchain solutions and DeFi platforms leading to fraud and other illicit activity, which hurts the space both directly and through its perception by others. One of the first waves of measures being seen is the implementation of the Crypto Travel Rule regulations to enforce KYC and AML standards on crypto.

Blockpass is a digital identity verification provider with a bank-grade KYC/AML SaaS which enables Crypto and Web3 businesses to meet regulatory requirements and ensure the uniqueness of their users. With compliant solutions controlled by the users, it’s not hard to see why the decentralized identity system which enables onboarding to all of the crypto-space (including DeFi and NFTs) has nearly a thousand verified business profiles (KYB), around one million verified user profiles (KYC), nearly a thousand business customers, and profile resharing of more than 25%.

With a multitude of crypto wallets supported, customers of Blockpass can access our zero-knowledge service with On-Chain KYC(R), crypto-address ownership checks, Unhosted Wallet KYC(TM) and a compliant DeFi identity layer with Know-Your-Human liveness and zero-knowledge sharing of identity aspects. All these benefits go some way to explaining why Blockpass has been chosen as the exclusive KYC provider of companies and platforms such as Gamee.com, National Geographic, Delta Exchange, Animoca Brands, Yugalabs, Chromaway, Next Earth, Enjinstarter, Boson Protocol, Polkadex, Meta Soccer, Crazy Defense Heroes, Revv Racing, Pangolin, Kyber Network, Axia Capital Bank, Defied Bank, Seedify, Silk Legal, and many others.

“I’m very excited to have the chance to meet so many fellow crypto enthusiasts and revolutionary blockchain thinkers when we converge on Consensus,” said Hans Lombardo, Blockpass President/Co-Founder. “It’s been a busy year for us at Blockpass but we’re eager to bring affordable, watertight regulatory compliance to the entire industry as regulators around the world ensure this incredible space is safe for all legitimate entities to enjoy.”

Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience and meet regulatory compliance globally. The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass’ On-Chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer.

About Blockpass

Blockpass is a leader in Web3 regulatory compliance solutions, providing a diversified range of services to bring trust and security to the identification process in Web3. These services include KYC & AML for all of Web3 (DeFi, NFTs, exchanges & blockchains), Travel Rule provision for regulated VASPs, and blockchain forensics. With a decentralized network of around one million crypto enthusiasts and one thousand business customers, Blockpass offers the fastest and most affordable KYC & AML screening in the Crypto sector. Additionally, Blockpass is the first provider of a “Crypto Travel Rule” solution for unhosted wallets, which certifies the ownership and control of non-custodial wallets.

Demonstrating its commitment to data security and operational efficiency, Blockpass in March 2023 achieved the rigorous ISO 27001 certification from the British Assessment Bureau, the most coveted informational management security system in the world. In addition, Blockpass also attained the highest level of the UK Government’s Cyber Essentials program in 2022 and was invited to participate in Cohort 7 of the UK Financial Conduct Authority’s sandbox in 2021. Blockpass also introduced its On-Chain KYC(R) solution in the same year, a pioneering on-chain KYC solution that enables customers to conduct zero-knowledge verification of users and adhere to compliance standards without seeing the underlying data. Animoca Brands and Yuga Labs utilized this solution in early 2022 to onboard over 150,000 users in the $320 million Otherside NFT sale – the largest in Crypto sector history.

For more information and updates, please visit and sign up to the following:
Website: http://www.blockpass.org
Email: sales@blockpass.org

Blockpass Achieves ISO Info Security Certification from British Assessment Bureau

Blockpass is proud to announce that, through consulting and advisory firm Charmwood Risk Management, Blockpass UK is now certified to ISO 27001 by The British Assessment Bureau, a UKAS Accredited Organisation. The award of this certificate (meeting the requirements of BS EN ISO/IEC 27001:2017) confirms Blockpass’ ability to provide KYC and AML tools for cryptocurrencies, Defi and other regulated industries globally, demonstrating the suitability of Blockpass for companies seeking regulatory solutions in any jurisdiction. The certificate is available to view here: https://cvs.babcert.com/babcert.asp?c=241611&v=k34q1g2c2q

Charmwood Risk Management is a consulting and advisory firm with a global team specializing in supporting businesses with; implementation, internal auditing, staff training and maintenance of a broad range of ISO Management Systems Certifications such as ISO 27001, ISO 27701, ISO 9001, ISO14001, ISO 45001, and many more including technical specifications such as Tisax and PAS 2060 (Carbon Neutrality) and bespoke supply chain audits. Charmwood Risk Management are also approved providers of technical consultancy services by several UKAS Accredited Certification Bodies.

The British Assessment Bureau awards internationally-recognised certificates that are accredited by UKAS – the government-appointed national accreditation body for the United Kingdom. Accreditation by the British Assessment Bureau determines the competence and integrity of organizations, with the ISO/IEC 27001 Information Security Management standard requiring businesses to securely manage information assets and data to an internationally recognised standard, as well as providing a robust approach for managing assets including customer and employee details, intellectual property, financial information and third-party data.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently, with around one million verified user identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to get access to users, including those with unhosted wallets, with reusable digital identity profiles.

Anthony Matthews, Managing Director Charmwood Risk Management Ltd, said: “Congratulations to all at Blockpass UK, this is an excellent achievement! ISO Management Systems are fully embedded within the culture and ethos of everything Blockpass does. Since the company embarked on their journey and successfully achieved UKAS Accredited Certification to ISO 27001 with the British Assessment Bureau, all of the staff have truly embraced the principles of ISO, from the board of directors to the delivery teams. We very much look forward to working with you all and being part of your continued future success.”

“We’re very happy to have achieved this certification, which joins our recent Cyber Essentials Plus certification in showcasing our ability to provide safe and secure solutions.” said Adam Vaziri, Blockpass CEO. “Whilst we ensure we keep to the highest standards for regulatory requirements and good practices, it is vindicating to have the standard of our work verified by an internationally trusted body such as the British Assessment Bureau.”

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass’ On-Chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer. Through its work with Animoca Brands from early 2022, Blockpass provides a zero knowledge KYC service where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all.

About Blockpass
Blockpass is building trust in the Crypto Economy by providing….
– A home for all your Crypto KYC needs – KYC & AML for DeFi, exchanges & blockchains, Travel Rule provision for regulated VASPs, and blockchain forensics.
– A decentralized network of around one million crypto enthusiasts with portable KYC profiles and around one thousand business customers.
– The fastest, most affordable, fully stacked KYC & AML screening in the Crypto sector.
– The first and only KYC & AML “Crypto Travel Rule” solution for unhosted wallets.

In 2021, Blockpass was invited to enter the Cohort 7 of the UK Financial Conduct Authority Sandbox to offer a pilot our solutions for the UK market. Blockpass also introduced the On-Chain KYC(R) solution that enables customers to access zero-knowledge verification of users so they can access provably completed verifications and adhere to standards without seeing the underpinning data. In 2022, Animoca Brands and Yuga Labs utilized On-Chain KYC(R) when they verified over 150,000 users in the $320 million Otherside NFT sale – the largest to date in Crypto sector history.

The Blockpass App is available from the App Store and Google Play. For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: sales@blockpass.org

crypto.ro Announces ‘The Alliance’, the Most Anticipated Crypto Conference in 2023

  • Crypto.ro is hosting their first crypto conference since going globally

Crypto.ro, Romania’s leading cryptocurrency and blockchain media company, is hosting “The Alliance” event in Timisoara on September 21, 2023, at prestigious Galla Events.

The event will unite the most innovative minds, game changers, entrepreneurs, investors, and blockchain enthusiasts to discuss the latest developments and opportunities in the crypto space.

“The Alliance” is set to provide a platform for innovators and community builders to connect, share experiences, and work together on fresh new ideas.

“The hosting of The Alliance conference is a significant achievement for crypto.ro. We hope this event will have a great impact in the growth and adoption of cryptocurrencies and blockchain technology both in Europe and globally,” said Alex Numeris, Founder and CEO.

With more than 500 participants expected to attend from around the world, this one-day event is set to be an incredible opportunity for attendees to network, learn, talk about the latest crypto news, and collaborate with some of the most influential voices in the field of cryptocurrency and blockchain technology.

For more information about The Alliance event, please visit the official website at events.crypto.ro.

About crypto.ro
Crypto.ro is a leading crypto media platform that provides up-to-date and accurate information on the latest developments in the world of cryptocurrencies. With an experienced team, the platform offers comprehensive coverage of the crypto industry, including market trends, regulatory updates, and a free cryptocurrency course.

The platform also offers a variety of educational oriented articles meant to help investors identify the best crypto to invest in.

Additionally, investors can benefit from crypto.ro’s reviews, which helps them to make decisions on which are the best crypto exchanges that suit them. The platform’s research covers a range of exchanges, providing investors with detailed insights into what is the best platform they can trust their money with.

With a free cryptocurrency course, detailed market analysis, and comprehensive insights on the best crypto apps and exchanges, crypto.ro is your one-stop-shop for all things crypto.

Follow crypto.ro today to stay connected with the world of cryptocurrencies.
– Follow on Twitter https://twitter.com/cryptoro_global
– Join the Telegram Community https://t.me/s/cryptoro_global
– Follow on Instagram https://www.instagram.com/crypto.ro.global

Contact Information:
Alex Numeris
CEO
alex@crypto.ro

Maya Parker
Public Relations Officer
info@crypto.ro

SOURCE: Crypto.ro

MRHB and Gold & Silver Standard (GSS) Partner to Expand Halal DeFi Offerings with Tokenized Precious Metals

MRHB.Network, a halal decentralized finance ecosystem, partners Ainslie Wealth’s Gold & Silver Standard (GSS), a leading Australian bullion trader since 1974, and will be listing the GSS gold standard ($AUS) and silver standard ($AGS) tokens in MRHB‘s Sahal wallet.

The partnership with Gold & Silver Standard will provide to MRHB’s ethical community a new halal offering – gold & silver tokens with $AUD and $AGS to $USDC/USDT pairings made available on TijarX, the upcoming commodities DEX integrated in MRHB’s Sahal Wallet, which will be launched in late September.

“MRHB is very proud to be partnering with Gold & Silver Standard from Ainslie Wealth,” says MRHB CEO Naquib Mohammed. “Gold and silver bullion-backed stablecoins will be a great addition to our DeFi offerings. In these times of ‘crypto winter’ and global recession, when people are finding ways to protect their wealth from volatile markets and inflation, gold and silver are supposedly the safest hedge against the situation, and have been a stable form of storing wealth since 1500 BC.”

Naquib adds, “We are more than confident that the partnership will be welcomed by our investors and ethics concerned community, as the volatility of the crypto market is one of the main reasons keeping potential new entrants out of the ecosystem. Due to the benefits of tokenization and borderless trade possible on the TijarX DEX, investors will be able to buy the cheapest gold and silver in the world, even in small amounts.”

For Ainslie Wealth, parent company of Australia-based bullion dealer Ainslie Bullion, this means that their gold and silver bullion-backed tokens will now be made much more easily accessible to not only the Islamic Finance investment community but the wider crypto and Web3 community.

“We are excited to bring our gold and silver standard stablecoins to previously excluded communities through our partnership with MRHB DeFi,” comments Paul Engeman, Director of Gold & Silver Standard, Brisbane, Australia. “We are confident that Ainslie Wealth’s Australia-based vault provides one of the safest places in the world to store bullion and safeguard token value. Bullion-backed cryptocurrency has been growing in popularity worldwide, and we look forward to cementing our goal of being the #goldsilverstandard of the metaverse.”

Stablecoins are known to be secure investments against the generally volatile backdrop of the cryptocurrency markets. A research report by the Social Science Research Network found gold-backed stablecoins to be less volatile than Bitcoin. Indeed, data from Arcane Research shows that gold-backed tokens have seen massive growth in 2022 with a market cap that has surpassed USD1 Billion.

The gold and silver standard tokens will be made available in AUS-USDC/USDT and AGS-USDC/USDT pairings, allowing all MRHB users to safely make gold and silver investments using US dollar-backed stablecoins. Each AUS and AGS token is linked to exactly one gram of gold or silver bullion, present physically in the Ainslie Vaults of Melbourne and Brisbane, and audited quarterly by Australia’s leading auditing firm.

In early September this year, the MRHB Team visited the HQ of Ainslie in Brisbane to personally ensure the technical and physical infrastructure of GSS.

“Gold and Silver Standard outperforms its competitors, making it the ideal choice for investing in real gold and silver. They are fully redeemable for metal, independently audited, fully allocated with direct legal ownership, available to trade 24/7 and brought to you by a nearly 50-year-old bullion dealer, independent of government and financial institutions and domiciled in geopolitically safe Australia,” said Engeman.

As part of the partnership, MRHB and GSS will be creating multiple Gold & Silver backed crypto offerings in a 3-year roadmap.

Aimed at onboarding the USD 3 trillion Islamic Finance sector into cryptocurrency investing, MRHB DeFi’s Sahal Wallet ensures that all listed tokens in the wallet are halal, and needs to have gone through a rigorous screening process.

About MRHB.Network

MRHB.Network is a halal, decentralised finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

About Ainslie Wealth

Ainslie Wealth, parent company of Ainslie Bullion, is Australia’s oldest bullion company. Founded in 1974, Ainslie Wealth has since grown to become the nation’s leading bullion trader. In 2019, they launched their gold standard and silver standard cryptocurrency tokens, allowing investors to purchase gold and silver bullion-backed tokens 24/7 with the confidence of knowing their investments are safely locked up in a secure vault run by an established dealer in a geopolitically safe country.

The Gold and Silver Standard: https://goldsilverstandard.com

MRHB.Network Official Channels
Website: https://mrhb.network
Twitter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/c/MarhabaDeFi
Medium: https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Discord: https://discord.com/invite/DubSjKmkBX
Facebook: https://www.facebook.com/MRHBDeFi
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR
Telegram (Persian): https://t.me/mrhbdefi_persian
Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi
SouqNFT Marketplace: https://souq.mrhb.network

Media Contact:
cecilia@marhabadefi.com
dean@yourPRstrategist.com
pr@yourPRstrategist.com

Liti Capital: The Hidden Gem of Digital Assets is Hidden No More

Liti Capital SA, the Swiss-based Litigation Funding specialist pioneering a new business model through the tokenization of its equity, has today provided a performance update following its recent announcement to pivot its focus away from its wLITI (‘wrapped’ LITI) token.

On 1 July 2022, Liti Capital notified its token holders that it would be pivoting its focus away from its wLITI token, and instead placing its efforts entirely on LITI, its highly acclaimed equity token (also referred to as a ‘security token’).

The announcement means that all LITI token holders are now unable to wrap and convert their LITI into wLITI tokens (the deadline for such conversions was 20 July 2022).

The reverse conversion however, (that is, converting wLITI to LITI), remains unaffected, subject to the holder passing the KYC process that buying LITI entails.

The Company Board’s strategic decision to be ‘all things LITI’ acknowledges that the LITI token is the company’s ‘hidden gem’ – yes, that it is the LITI token empowering opportunities and benefits that far surpass those of any other digital asset.

Liti Capital’s unique business model, which provides LITI holders with sizable payouts when assets are realized, is what most excites token holders who grasp the notion of Litigation Funding and who appreciate Liti Capital’s unique and disruptive approach within the sector.

In fact, Liti Capital’s unique business model has been instrumental in determining the action that has been taken by the majority of wLITI holders following the company’s ‘pivot’ announcement–“A large proportion of wLITI holders have converted their token over to LITI. The current circulating supply of wLITI now represents less than 20%; a huge decrease from two weeks ago when it represented 85%.”

This voluntary behavior among Liti Capital token holders demonstrates that they truly understand and appreciate the real value and opportunity of LITI – and of Liti Capital itself.

What’s more is that the overwhelming conversion from the wrapped token to the equity token was made before token holders were informed that Liti Capital has made significant progress in listing its LITI token on Taurus, one of the world’s leading digital asset platforms.

The listing of LITI on Taurus Auction will be at a price that accurately corresponds to the company’s true valuation. Of course, the development of liquidity options will take a little time, but will provide far more appealing solutions than before.

Speaking of the recent ‘pivot’ and the positive reception it has received from current token holders, Andy Christen, Co-founder and CEO of Liti Capital, comments:

“The executive team took time to reflect deeply on Liti Capital’s first year of existence. We considered and evaluated what has worked well and what needed adjusting. Having the opportunity to list one of the first equity-backed tokens in history is a crucial milestone in the company’s development and success.”

“Our new focus aims to reduce the selling pressure on wLITI, to remove wLITI tokens from the circulating supply, and to increase the price of wLITI whilst reducing the discrepancy in price between LITI and wLITI.

“We have learned a lot by issuing a tradable ‘stock option’ in the form of wLITI. Indeed, it has proved that liquidity can be attractive in the Litigation Funding space – yes, we were able to achieve an average of $18M USD in monthly trading volume.”

There are other facets of Liti Capital and LITI that compelled wLITI holders to convert to LITI without question.

First, LITI token’s underlying asset class is that of Litigation Funding.

Indeed, Litigation Funding consistently outperforms all other asset classes in terms of returns – asset classes including gold, stocks & shares, real estate, and Bitcoin. Also, Litigation Funding has an overall low-to-zero correlation to external financial markets, and is considered countercyclical to them, meaning that the industry often performs better in economic downturns.

Take COVID-19, for instance. According to The Financial Times, the pandemic could potentially provoke an unprecedented rise in claims that are anticipated to linger far beyond 2022.

Of course, Litigation Funding in its own right – as a high-performing and low-risk asset class – is one appealing aspect that investors take into consideration. The second aspect, with an equally important role to play, is underlined by the ability of a Litigation Funding company to operate efficiently, to pioneer, and to deliver outstanding performance in all facets of its business.

And here, once again, Liti Capital ticks all the right boxes.

For example, one of the most important elements to running a successful Litigation Funding company lies in its ability to source and select ‘investable’ legal cases.

In this area, Liti Capital’s ability is, arguably, completely unrivaled by all other Litigation Funding companies.

Liti Capital places significant attention on its portfolio construction and diversification. Through a mixture of human intervention and proprietary AI (artificial intelligence), the company has built an enviable pipeline of legal cases with a total winnable value in excess of $15 billion, spanning several sectors and diverse legal matters. This is, of course, on top of the four cases it has already invested in.

Web: https://liticapital.com/