Category: Cryptocurrency

SMARTCHEM Announces Its SMAC Token Sale

SMARTCHEM (Intelligent Fluids GmbH), a green chemistry blockchain project, has announced its SMAC Token Sale which starts on October 10th.

Presently the company is majoring in three business areas, such as microelectronics, maintenance and oil & gas. Moreover, it would not hurt to mention that the SMAC Token Sale will fuel the company’s ambitions in development of safer, healthier and more sustainable world we live in.

SMARTCHEM (Intelligent Fluids GmbH), a green chemistry blockchain project, has announced its SMAC Token Sale which starts on October 10th.

By offering a SMARTCHEM Token, SMAC, Intelligent Fluids GmbH is planning to attract companies to support green chemistry products instead of continuing to use toxic and harmful liquid solvents. At the same time, Non-Governmental Organizations (NGOs) such as the Climate Analytics and the Ocean Care will benefit from the SMAC Token Sale through automatic donation system. SMARTCHEM’s management team plans to use the funds, raised from the SMAC token’s private sale, to support the chemical industry with demonstration labs and production sites in target markets.

Another SMARTCHEM project is the DeepTech company Intelligent Fluids, focusing on development and marketing of unique multiphase fluids. It offers a sustainable, efficient and powerful solution for industrial cleaning by applying physical effects instead of using toxic chemicals to meet nowadays nature-friendly production standards, therefore developing a positive impact to our planet. Intelligent fluids have the potential to transform the chemical industry into the solvent-free era of industrial cleaning, meeting the United Nations goals and complying with the European Union regulations.

The Intelligent Fluids technology replaces the chemical reactions of solvents with physical interactions on molecular level to enable cleaning agents to break down and wash off all kinds of surface dirt with zero negative impact to health and the environment. Due to the primary characteristic of Intelligent Fluids, such as net-like, highly dynamic molecular structure, these agents can penetrate, fragment, and dislodge dirt from the surface without any ongoing chemical reactions. Unlike solvent-based cleaning agents, SMARTCHEM is providing ground-breaking solutions for a stable and sustainable world with the following features:

  • Dermatologically approved, pH neutral
  • Up to 65-70% energy reduction
  • Biodegradable, up to 70% less consumption, filtrable
  • 2/3 energy reduction, non-inflammable, no ATEX required
  • Reduced process cost by reducing and optimizing process steps
  • No identification of hazards
  • No high operating temperatures necessary
  • Water-based, thermodynamically stable
  • 100% regulatory compliant & future proof

To achieve its goals and also attain massive adoption, SMARTCHEM is onboarding several powerful investors as well as reputable customers such as Philips Research, INFINEON, Heidelberger Druck, RF360, subsidiaries of Wurth Group and more. Currently, SMARTCHEM (Intelligent Fluids) has 50 existing clients, on average each of their target clients have a demand of 300 tons of production per year. The eco-friendly project has more than 500 fluid formulations and 26 approved patents of technologies that can be effectively used across a wide range of industrial cleaning applications. The patented technology of Intelligent Fluids supports 10 out of the 17 United Nations sustainable development goals such as healthy living, clean water and sanitation, sustainable land and underwater life, sustainable production and consumption patterns, clean and affordable energy, and climate action.

The Intelligent Fluid has already secured numerous awards and nominations such as the 2021 winner of the Green product award, TechShare 2020 nomination, 2019 winner of the Blockchain Stars, and so on.

Tokenomics
The native token of SMARTCHEM, SMAC token, is based on the ERC-20 token standard. It is good to mention that there is the SMAC token airdrop going on – totally about 145,000 SMAC tokens will be sent to users. The first 1000 users will get 50 Free SMAC tokens, the next 1000 will get 40 Free SMAC tokens, the next 1000 users will get 30 Free SMAC tokens and last 1000 users will get 25 Free SMAC tokens.

Maximum supply for the SMAC utility tokens is 150M, price per token will be $0.2. 120M SMAC tokens will be listed on top crypto exchanges in October, November and December, 2021 and available for purchase. 30M SMAC tokens will be reserved for future sale in 2022.

Funds Distribution (TBD)
5% — Legal advisors and Reserve
5% — CSR/ Marketing
10% — Employee loyalty program
80% — Crowdsale

Initial Token Allocation
5% — Investor relations
10% — Global demo-labs & Test centers
10% — R&D, Innovation, Patents
15% — Marketing community & Partnerships
25% — Key account sales
35% — Upscaling production sites

SMARTCHEM (Intelligent Fluids) plans to raise funds through token sale to scale the company and achieve a significant global market share. Participating in the token sale will give customers the opportunity to invest in the next generation of industrial cleaning, gain massive returns from a rapidly growing market while also contributing to a cleaner, healthier planet. They will also benefit from reduction of total cost of ownership and thus higher yields. SMARTCHEM investors will benefit from increasing coin value, and revenue.

In addition to the ongoing developments, SMARTCHEM (Intelligent Fluids) has set ambitious goals for the next ten years. Currently focusing on Germany and Europe, they plan to expand production sites to reach key target markets in Asia, the USA, the Middle East and Africa areas. SMARTCHEM (Intelligent Fluids) intends to raise production from 500 tons per year to more than 13,500 tons per year in Europe. In a leap to expand its footing in the microelectronics and maintenance space, SMARTCHEM plans to dive deeper into its next promising sector: Oil & Gas.

About SMARTCHEM
SMARTCHEM (Intelligent Fluid GmbH), a green chemistry blockchain project focused on developing powerful and smart cleaning fluids for industrial cleaning. The patented technology is based on smart and powerful physical cleaning with micro-earthquake effects which offers high performance and also supports 10 Sustainable Development Goals of the United Nations. With the SMARTCHEM-Token (SMAC), Intelligent Fluids will attract companies to change to Green Chemistry instead of using aggressive and harmful solvents.

Social links
Twitter: https://twitter.com/ScmSMARTCHEM
Telegram: https://t.me/SMARTCHEMICO
Linkdln: https://www.linkedin.com/company/intelligentfluids/
Facebook: https://www.facebook.com/Intelligent-Fluids-100218264751838

Media Contacts:
Intelligent Fluids GmbH
Naluteva Kazungo, Sales and Marketing Assistant
E: info@intelligent-fluids.com
U: https://www.intelligent-fluids.com/de/

SOURCE: Intelligent Fluids GmbH

Web23 and NexBLOC Using Butterfly Protocol for Creating a Blockchain Naming System on the Cardano Blockchain Platform

Web23 Inc., a USA company and NexBLOC, a British Virgin Islands company, are partnering to develop a blockchain based naming system that runs natively on the Cardano blockchain platform. The initiative continues the move of the Butterfly Protocol onto numerous blockchains to ensure that those communities have the tools needed for full decentralized internet optimization.

The Butterfly Protocol was originally created using the Ethereum blockchain and continues to provide resources and tools for the Ethereum community. But, according to Dana Farbo, Founder of NexBLOC, the move helps expand the various blockchain development communities’ access to a unified naming convention. Mr. Farbo stated that, “we will continue to lock the root domain on Ethereum but by using other blockchains, we can prepare for wider acceptance of blockchain DNS (bDNS) and lower costs for using the decentralized web.”

Som Kirann, Founder of Web23 went on to say “Cardano has been driving decentralization at its core and with the recent deployment of their Plutus smart contract capabilities, we wanted to be a first mover in creating capabilities for human readable naming that exist on other chains. Working with Butterfly and NexBLOC allows us to move fast and prepare for a bright future within the Cardano community.”

This marks the second blockchain in the NexBLOC roadmap for naming system ubiquity across chains. Earlier this year, the buildout on XDC Networks was announced and work is progressing rapidly on the XDC blockchain. Supported by a grant from the XDC Foundation, a full deployment and rollout is expected for November 1st, 2021. In addition to the standard access tools for connecting websites using IPFS, wallet authentication and browser extensions, NexBLOC is working with XDC Networks dApp developers to integrate specific dDNS solutions for their projects.

Web23 is known for its work on allowing companies or individuals to create domains at scale. This is important for building an offensive and defensive system around brands and professional work. The SaaS solution creates an artificial intelligence supported capability to acquire similar names automatically based on trends, word searches and social media chatter. They are integrating the system into the decentralized domain acquisition space with low gas fee blockchains such as Cardano. As per Mr. Kirann, “rapid and bulk domain acquisition with the current state of Ethereum gas fees makes it prohibitive to deploy at scale. Cardano, XDC Networks and other blockchains allow us to provide a solution that supports the brand owner.”

The Cardano deployment is expected to be ready in mid-Q4, 2021, with other blockchains planned as part of the collaboration between Web23 and NexBLOC.

About Butterfly Protocol (https://www.butterflyprotocol.io/)

Butterfly Protocol is a decentralized autonomous organization (DAO) that aims to replace the Domain Name System (DNS) system and change the economics of domain ownership.

About Web23 (https://web23.io)

Blockchains are starting to open whole new world of possibilities where top level domains (TLDs) as well as long and weird wallet addresses need to be converted into human readable formats, the motive for existing ICANN based domains and their resolutions to IP addresses.
As a SaaS solution, Web23 aims to:
– Automatically protect the primary domain & neighborhood domains in the ICANN world
– Optimize publishing of the domains to minimize the effects of look-alike domains
– Notify owners & admin in 24X7 mode with ongoing threats targeted to the domains
– Automatically protect the primary domain & neighborhood domains in the Blockchain world
– Notify users about impersonated accounts in social media
– Assess health of the brands with respect to domains & their resolving/publishing

At Web23, ICANN & Blockchain domains would be bought, administered, transferred & monitored in the secured, optimized & automated ways

About NexBLOC

Founded as a BVI company in 2021, NexBLOC uses the Butterfly Protocol and other technology stacks to create custom deployments of bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to roll out a free working environment for all blockchain developers using the .sandbox bTLD and other extensions.

Forward-looking statements
Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions. “Forward-looking statements” describe future expectations, plans, results, or strategies, and are generally preceded by words such as “future”, “plan” or “planned”, “expects,” or “projected.” These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company’s control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in developing and marketing products, intense competition, and additional risk factors.

DigiMax to Launch CommodityHawk — AI Driven Commodity Price Trend Prediction Tool for Institutional Investors

DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is pleased to announce it has entered an agreement with Delphi AI Systems Inc (“AI”) to utilize their previously developed, and currently enhanced artificial intelligence tools to track 10 separate commodities to predict price direction.

In a service that is similar to the CryptoHawk Price Trend Watch, CommodityHawk will be offered to institutional traders and commodity producers seeking to hedge inventory positions or profit from trading. The service will be available before the end of 2021 and will be priced at $US 1,000 per month for 4 commodities and $500 per month for each additional commodity up to a maximum of $3,500 per month. Since direct trials commenced at the beginning of 2021, CommodityHawk has demonstrated an ability to beat buy-and-hold strategies by a significant margin. Accordingly, this prediction tool provides an excellent return on the monthly cost for anyone trading $100,000 or more on average.

Commodity Hawk will be 100% owned by DigiMax but affiliate fees of up to 20% will be shared with Delphi dependent on the number of users they attract to the service. Both DigiMax and Delphi will use their growing global investor channels to share this highly valuable service with users.

DigiMax and Delphi will also commence work immediately on creating sister hedge funds (trading will be simultaneous in each) domiciled in Cayman Islands and in the US. The Cayman fund will likely be available first as it will be registered as a related fund to its Crypto Hedge Fund whereas the US fund will require new registration. At least one of the funds is expected to be operational on or before the end of 2021. These funds will be owned on an equal basis between Delphi and DigiMax and will be enabled to trade all commodities on behalf of unit holders of the fund.

About Delphi

Delphi Analytics is a decade-old technology company that utilizes a variety of data analytics, models and machine learning to generate algorithms to increase predictability and outcomes in trading and corporate financial risk management. Delphi constructs proprietary algorithms and indices (termed AiCi’s = Artificial Intelligence Confidence Indices) as well as develops AiCi’s for specific/custom use.

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:

Damon Stone
Fund Investor Communications
647-465-0148
dstone@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Monsoon Blockchain Powers the Next Generation Cryptocurrency Ecosystem for Bitcoin Latinum

Monsoon Blockchain Corporation, an innovative blockchain company based in Palo Alto, California, is announcing the next generation digital cryptocurrency ecosystem for powering Bitcoin Latinum. Bitcoin Latinum is an insured, asset-backed cryptocurrency.

Based on the Bitcoin ecosystem, Bitcoin Latinum is greener, faster, more secure, and poised to revolutionize digital transactions. Monsoon Blockchain serves as the prime developer of the Bitcoin Latinum network on behalf of the Bitcoin Latinum Foundation.

Bitcoin Latinum was built as an open-architecture cryptocurrency technology, capable of handling large transaction volumes, cybersecurity, and digital asset management. Monsoon Blockchain is unveiling Bitcoin Latinum’s official attributes, differentiating factors, and major-use advantages, which include the following areas:

Increased Transaction Volume
Bitcoin Latinum offers a highly scalable network that will initially support up to 10,000 transactions per second and millions of transactions per day to facilitate retail transactions. Its scalable architecture allows for increases in transaction rates to meet demand. With its Proof of Stake consensus method, Bitcoin Latinum ensures the network facilitates more transactions per minute at lower transaction fees.

Reduced Cost
Bitcoin Latinum reduces the cost of traditional Bitcoin transactions from the average of multiple dollars down to only cents per transaction, with an average fee per transaction of 0.1 USD in 2021. This is achieved with a variety of mechanisms including the energy-efficient consensus protocol, approved node configuration, high-performance node interconnection, and shorter confirmation.

Faster Speed
Utilizing an efficient consensus mechanism, Bitcoin Latinum provides a much better on-chain payment network compared to Bitcoin, with an average transaction confirmation in 3-5 seconds. This immediately leads to reduced transaction size and increases the transaction volume capability.

Greener, Energy-Efficient Consensus
Bitcoin Latinum uses an advanced version of the Proof of Stake (PoS) mechanism to counter the inherent problems of Proof of Work (PoW) based networks. PoS enables LTNM holders to earn rewards for holding their coins as collateral to stake on the Bitcoin Latinum network. This leads to less electricity consumption. Incumbent tokens such as Bitcoin demand up to 885+ kWh, and Ethereum 102+ kWh of energy consumption per transaction, compared to Bitcoin Latinum which reduces the amount to only 0.00015 kWh per transaction.

Insured And Asset-Backed
Unlike other existing cryptocurrencies, Bitcoin Latinum is an asset-backed cryptocurrency, and is working to be the world’s largest insured digital asset. Its asset-backing is held in a fund model, so the base asset value increases over time. It accelerates this asset-backed fund growth by depositing 80% of the transaction fee back into the asset fund that backs the currency. Thus, the more Bitcoin Latinum is adopted the faster its asset funds grow, creating a self-inflating currency.

Community Governed
Bitcoin Latinum uses a representative government model to achieve democracy in its ecosystem. This is done by allowing community members to participate in the governance mechanism of the protocol via the staking model. The goal is to protect Bitcoin Latinum from 51% of attacks that often expose potential crippling flaws in many existing protocols.

As the first adopter, Monsoon Blockchain will utilize Bitcoin Latinum in developing powerful blockchain technologies and business solutions, in addition to digitizing and listing assets for companies and organizations across the globe. The initial industries to be serviced will be gaming, financial services, telecommunications, media and entertainment, and cloud and data storage. Monsoon Blockchain is facilitating the launch of Bitcoin Latinum on public exchanges in 2021.

As a cornerstone of Monsoon Blockchain’s strategic plans to further the mass adoption of Bitcoin Latinum, the company has been forging global partnerships with corporations that will integrate the token for their retail transactions. Significant adoption of Bitcoin Latinum and Monsoon’s blockchain ecosystem has been taking place, with a focus on insurance, entertainment, gaming, and data storage entities.

Global adoption of cryptocurrencies for use in retail transactions has been steadily increasing. Within a span of four months in 2021, the global crypto user base doubled from 100 million to 200 million. Major companies have taken notice. Large restaurant chains, movie theaters, and retail shopping websites have started testing and accepting cryptocurrencies for payments.

The ease of purchasing cryptocurrencies has increased significantly over the past two years. Large online payment services now allow their hundreds of millions of users to buy and sell cryptocurrencies. In the world of banking payments, large South Asia based banks have started testing cross-border payment systems for digital currencies in partnership with a consortium of central banks, according to reports.

Dr. Donald Basile, Monsoon Blockchain Corporation’s CEO and founder, is the former CEO of Fusion-IO, a company known for playing a major role in implementing the cloud systems at major financial institutions, and global IT giants.

Dr. Basile is also the Co-CEO and Chairman of Roman DBDR, a special purpose acquisition company, which raised $236 million in its initial public offering in November 2020. Roman DBDR announced a merger with CompoSecure, a pioneer in premium payment cards whose clients include some of the world’s largest financial institutions. The merger of the two companies will create a combined enterprise value of approximately $1.2 billion. CompoSecure will soon be releasing its new cryptocurrency cold-storage solution, Arculus, allowing users to safely and securely store and manage their digital assets on a state-of-the-art metal payment card.

More information about Bitcoin Latinum is available at https://bitcoinlatinum.com/
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any Bitcoin Latinum offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. Bitcoin Latinum strongly recommends you consult a licensed or registered professional before making any investment decision.

Media contact
Company: Monsoon Blockchain Corporation
Contact: Wei Ming, Director of Communications
E-mail: wei.ming@monsoonblockchaincorporation.com
Website: https://monsoonblockchaincorporation.com/
Address: 2100 Geng Road, Palo Alto, California 94303, USA
Telephone: +1 800-528-0985

SOURCE: Monsoon Blockchain Corporation

UREEQA Launches New High-yield Staking Pools

UREEQA (www.ureeqa.com), a blockchain platform for protecting, managing and monetizing creative work, will launch two new high-yield Staking Pools, both of which are designed to bring the company’s followers and investors an opportunity to greatly increase their holdings.

The fresh campaign comes several months after UREEQA opened three initial staking pools, all of which were full within hours of their launch. This time, two pools will be available at 12 p.m. ET on Thursday, September 30, 2021. One (called Hitchcock) is a VIP pool, only available to those who own one of the platform’s Community Qards. The other (called Angelou) is open to anyone.

Hitchcock offers a 155% annual percentage yield (APY) with a maturity date of two months and a maximum individual contribution of 100,000 URQA. Angelou offers a 55% APY with a maturity date of three months and a maximum individual contribution of 50,000 URQA.

Tokenholders will earn URQA as soon as they’re in either pool.

“Our last Staking Pools campaign was a tremendous success, and we have no doubt that we’ll build on that while helping to enrich the digital wallets of our Tokenholders with Hitchock and Angelou,” UREEQA CEO Kirk Fergusson said. “As an added benefit to all UREEQAns, the new pools should also help shore up URQA on the open market.”

For more information on our end-of-summer ‘pool party,’ visit us on Medium or Twitter.

About UREEQA
The UREEQA platform strives to protect Creators’ work, their rights and their revenue by harnessing the power of blockchain technology.

Established in Canada in 2020, UREEQA will modernize the inefficient and bureaucratic systems currently in place for copyright, patent, industrial design and trademark protection. By building a robust and compelling Package of Proof for source creative work, UREEQA only mints Validated NFTs to represent creative rights. This helps keep buyers safe by giving them confidence that the work they are purchasing was minted by the smart contract approved by the Creator of the work and is therefore authentic.

UREEQA provides value and opportunities for its Creators, Validators and Token holders via URQA, the token at the heart of the UREEQA ecosystem.

For more information on UREEQA and upcoming announcements, please visit us at Ureeqa.com, join our Telegram channel and Discord server, and follow us on Twitter, Instagram and LinkedIn.

– Discord: https://discord.com/channels/756566642418384906/824682437417369654
– Instagram: https://www.instagram.com/ureeqa_inc/
– LinkedIn: https://www.linkedin.com/company/ureeqainc/
– Medium: https://medium.com/ureeqa-inc
– Telegram: https://t.me/UREEQA
– Twitter: https://twitter.com/UREEQA_Inc
– Official website: https://www.ureeqa.com/

Crypto Financial Services Firm Blofin Raises US$12 Million Series A2 Led by KuCoin Eco Fund

Crypto financial services firm Blofin has raised US$12 million in a series A2 round of financing, led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital. In March of this year, Blofin finished a US$10 million A+ round of financing led by SIG and Matrix Partners.

At present, Blofin’s current global assets under management (AUM) has reached US$150 million. As a Cayman Island registered crypto finance service agency, its proprietary quantitative database covers over 50+ exchanges worldwide through real-time data and is connected with over 200 global quantitative trading teams.

Blofin also provides crypto asset management services by focusing on small and medium sized Quantitative Hedge Funds to provide capital investments, lower trading fees, and other financial services.

With this new round of financing, Blofin will onboard more talent to develop new products and apply for more licenses globally. Blofin obtained the US federal MSB license (the last four digits are 0143) signed by FinCEN two weeks ago. Blofin is close to securing additional digital asset management licenses for Hong Kong, Singapore and other global financial centers around the world.

According to Matt, CEO of Blofin, “the funds raised will be used to bring in talents, develop new products and continue to apply for multi-country licenses.”

Media Contact:
https://www.linkedin.com/company/blofin-digital-asset-management/
https://twitter.com/Blofin1

Justin Sun: Preserve the Blockchain Spirit of Compliance and Transparency

On September 20, the founder of TRON, Justin Sun, announced the listing of VanEck TRX ETN (VTRX) on Deutsche Borse Xetra (www.xetra.com/xetra-en/).

Meanwhile, Clearstream is leveraged to connect to Euronext’s system, which will facilitate the trading of VTRX on the major exchanges of 14 European countries including those in London, Amsterdam, Paris, and Switzerland. Not long ago, TRON also inked a partnership with the US-based asset management firm Valkyrie Investments to launch Valkyrie TRON Trust. With the listings of TRON tokens on an increasing number of mainstream exchanges around the globe, TRON is clearly stepping up its efforts to expand in a compliant and transparent manner.

Back in 2012, Justin Sun introduced the concept of “blockchain” as a “value network” to China, which established him as an early advocator and adopter of blockchain in his homeland. Later, in 2017, he founded TRON. Till today, TRON is at the forefront of various competitive races including DeFi, NFT, stablecoins, distributed storage, staking mining, and staking. Moreover, it secured the third spot on the 25th CCID Global Public Blockchain Technology Assessment Index released by China’s Center for Information and Industry Development (CCID) this August. Today, Justin himself is going all-in on blockchain with the mission of ‘building a Chinese presence in this sphere’.

In January 2021, Justin Sun was specially appointed as a member of the Editorial Board of Information China Magazine, an authoritative national journal of China under the NDRC. Here, he has discussed with other experts and researchers of the industry the growth of China’s information industry. Prior to this, Xuexi Qiangguo (a public app featuring quality content administered by the Publicity Department of the Communist Party of China), The Study Times (the official newspaper of the Central Party School of the Communist Party of China), China Banking and Insurance News and other journals published Justin Sun’s article titled “Blockchain Redefines Trust in Financial Service”, garnering worldwide attention.

TRON has built a comprehensive ecosystem spanning from underlying protocols and smart contracts to NFT and metadata storage. With over 54 million accounts, it has handled a total of 2.4 billion transactions, settles over $6 billion per day, and contributes close to one-third to the circulating supply of stablecoins globally. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers high-scalability, high-availability, and high-throughput support that serves as the foundation for all decentralized applications in the TRON ecosystem.

TRON, as one of the world’s top three public chains, is not only committed to growing a scalable, thriving ecosystem but also to fulfilling the grand vision of the blockchain industry for mankind and the times. In his recent open letter to the community, Justin Sun mentioned that TRON is going to launch its layer-2 scaling cross-chain solution BTTC on October 30, 2021. With this release, TRON will form a closed loop of both layer 1 and 2 networks with sound cross-chain connectivity, which offers both a robust underlying network of the global human settlement layer and the heterogeneous scalable cross-chain network BitTorrent Chain that features high throughput and full compatibility with EVM. The cross-chain solution will usher in an era where all chains are connected and enable the smooth circulation of transparent and compliant digital assets worldwide.

Media Contact:
Jessica ZHANG, TRON
E-mail: jessica.zhang01@tron.network
Website: https://tron.network/

Bitdeer Group’s Mining Datacenter Boasts Unmatched Capacity and Energy Efficiency

  • Expected to approach 3,000 megawatts globally by 2023, Bitdeer Group’s Mining Datacenter represents the world’s top aggregate mining capacity.

Bitdeer Group is excited to introduce its Mining Datacenter, which makes use of its unrivaled aggregate mining capacity to provide reliable, trustworthy digital asset mining services to clients.

By placing an emphasis on clean energy and taking advantage of proprietary innovations, Mining Datacenter represents a game-changer in the field of cryptocurrency generation and cements Bitdeer Group’s position as an undisputed industry leader. Bitdeer Group is committed to providing the world’s most reliable digital asset mining service. Mining Datacenter is one of the group’s three verticals, the others being the all-in-one mining platform Bitdeer and a smart mining service Minerplus.

Drawing from eight years of experience, Mining Datacenter is the pioneer attempt within the industry to develop professional, standardized mining facilities. Since 2013, Mining Datacenter has provided site selection, facility design, construction, and post-construction maintenance service to more than 30 locations across the world, including in the United States, Norway, Canada, Indonesia, Kazakhstan, Kyrgyzstan, Tajikistan, and Bhutan, and 5 premium mining locations out of 30 have been reserved for Bitdeer Group’s proprietary and customer hosting purpose. “We are the West Point in the crypto mining industry,” said Matthew Wang, Head of Bitdeer Group’s Global Mining Datacenter.

Unparalleled Mining Capacity
The first facility of Mining Datacenter began construction in 2013 and became fully operational in January 2016. Since then, Mining Datacenter has quickly expanded its footprint across North America, Europe, and other countries and regions. In March 2021, it unveiled an ambitious construction plan for a 600,000-kilowatt facility. It also runs one of the largest mining operations in North America Currently.

Bitdeer Group’s Mining Datacenter is responsible for around 5% of the entire Bitcoin blockchain’s hashrate as of June 30, 2021, and is expected to reach approximately 3,000 megawatts in aggregate global capacity by 2023, which is now the world’s superior provider in terms of aggregate mining capacity.

Mining Datacenter offers services such as site selection, facility design, construction, maintenance, and general one-stop technical support. The team comprises former members of Bitmain’s mining department, and has broad technical expertise in power markets, operations, and electrical infrastructure.

Clean, Efficient Energy
Bitdeer Group is committed to clean, efficient energy use in mining operations and has implemented sophisticated technologies set to become next-generation industry standards. With the benefit of proprietary innovations, Mining Datacenter can operate at optimal levels under various climate conditions and link up with a range of power supplies.

Mining Datacenter is leading an industry-wide transition to green energy, which will prove more cost-effective in the long run to both clients and service providers. For example, one of the Mining Datacenter facilities in the U.S. depend on 100% hydroelectric energy, two in Norway depend on 95% hydroelectric energy, two other U.S. mining operations rely on a mix of wind, solar, nuclear, and/or hydroelectric energy on top of traditional fuel sources: carbon-free energy sources make up around 50% and 60% of the power supply of those sites respectively.

One of Mining Datacenter’s breakthrough patents is its modular, energy-efficient structure for housing racks of equipment tailored to mine cryptocurrency. Other innovations include its optimized load-bearing layout, “W-shape” water-cooling system, as well as cutting-edge airflow and ventilation designs. These features decrease electricity consumption while increasing the power supply’s stability, resulting in better budget management.

Full International Compliance
Mining Datacenter first established its presence in North America in July 2018, and then in Northern Europe in November 2019. With this wealth of experience, the team has accumulated comprehensive knowledge about designing and building large-scale mining facilities in different regulatory environments. This playbook also ensures that the mining operation can adapt to various climate and power supply conditions.

Bitdeer Group’s Mining Datacenter facilities around the world are in full compliance with local laws and industry-specific regulations. The U.S. operations have passed Occupational Safety and Health Administration (OSHA) assessments. Mining Datacenter relies on licensed professional contractors for the construction work, with particular emphasis on ensuring the safety and compliance of its electrical engineering.

About Bitdeer Group
Bitdeer Group is the world’s leading digital asset mining service provider. It was founded by Jihan Wu, the co-founder of Bitmain and Matrixport, along with Sequoia Capital, IDG, and other well-known investment institutions in the blockchain field. With headquarters in Singapore, Bitdeer Group has branches in the United States, Europe, and other countries and regions. The group’s three business lines – Bitdeer, Mining Datacenter, Minerplus – show its dedication to becoming the world’s most reliable digital asset mining service provider.

For more information, please get in touch with Bitdeer Group:
Website: https://www.bitdeer.com/
LinkedIn: https://www.linkedin.com/company/bitdeer-group
Media Contact: pr@bitdeer.com
Business Cooperation: contact@bitdeer.com
Mining Datacenter Partnership: MiningCenter@bitdeer.com

TrustToken Acquires EthWorks; Doubling Team Size for TrueFi Scale-Up

TrustToken, the team responsible for launching TrueFi, the leading unsecured lending protocol, and maker of popular stablecoins including TrueUSD, announces the acquisition of EthWorks, a leading Web3 development company with a deep portfolio of successful blockchain projects. The acquisition doubles TrustToken’s team size, quadruples the company’s technical talent, and brings in senior technical and design leadership to take TrustToken’s mission to the next level.

Recognized as one of the world’s top Web3 engineering firms, EthWorks has been a TrustToken partner for over a year, and contributed to the development of many of the most widely adopted Layer 1 blockchains and DeFi protocols. EthWorks has worked with the Ethereum Foundation, Bitcoin.org, Maker DAO, Polkadot, Dharma, and many more. The EthWorks team will fully integrate into TrustToken’s staff and join the technical, design, and operational roadmap across all products and services, with a special focus on scaling the TrueFi protocol.

In onboarding the EthWorks team, the TrustToken team is growing to over 100 members and significantly expands the company’s engineering, design, and cybersecurity capabilities. This new talent is expected to substantially accelerate TrustToken’s development schedule, user experience and protocol security across the company’s various products and services. TrustToken will also maintain and expand EthWorks’ open-source projects including Waffle and useDApp which are used by Ethereum developers globally.

EthWorks’ industry-recognized engineering and design leadership join TrustToken in senior positions, guiding the company’s development and branding efforts. The senior leadership team will see Marek Kirejczyk, Founder and CEO of EthWorks, become Chief Technical Officer (CTO) of TrustToken. EthWorks’ Head of Design, Natalia Kirejczyk, rises to become TrustToken’s VP of Design, while EthWorks’ CTO Krzysztof Jelski will become TrustToken’s VP of Engineering. With this investment in senior talent, Poland is set to become TrustToken’s primary engineering hub.

“As TrustToken matures and expands, we need to make sure our products and services are among the most robust, safe, and accessible in the blockchain industry,” says Rafael Cosman, CEO of TrustToken. “The acquisition of EthWorks and its world-class team of engineers and designers is crucial for the future of TrueFi, helping us scale the speed, security, and experience of the protocol, while creating the greatest possible opportunities for our lenders, borrowers, and token holders.”

“We’re very excited to now be part of TrustToken’s story,” says Marek Kirejczyk, Founder of EthWorks. “TrueFi is the fastest growing uncollateralized lending protocol in DeFi. Our joining forces creates an unique opportunity to accelerate growth and create an outstanding impact in the DeFi space – and soon, in the world of institutional finance.”

About TrustToken

TrustToken frees money. TrustToken’s TrueFi platform, powered by the world’s first on-chain credit model, brings uncollateralized lending to DeFi, offering lenders competitive, transparent returns, and borrowers maximum capital efficiency. TrueFi is host to +$1 billion in total value locked, has originated over $500m in collateral-free loans in less than a year, and enjoys a 100% repayment rate across its dozens of vetted borrowers. TrueFi’s governance token, TRU, is trading on top exchanges like Coinbase, Binance, FTX, as well as DEXs like Uniswap and Sushiswap.

TrustToken’s TrueCurrencies are the world’s first on-chain, independently-verified, fully collateralized stablecoins, generating billions in monthly trade volume across +100 exchange and OTC partners. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service.

Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com

About EthWorks

EthWorks is a blockchain-oriented smart-contract development shop with a full stack engineering team utilizing high quality craftsmanship to deliver high quality coding. The company has been involved in the development of popular open-source projects including Waffle and useDApp. EthWorks practices test driven development, continuous delivery, rigorous code reviews, and pair programming. Successful clients include Ethereum Foundation, Polkadot, Dharma, and Status.

For more information and to explore EthWorks services, visit https://ethworks.io/index.html

Source: PlatoData Intelligence

Westar launches first permissionless public chain, Starcoin

The Westar team, the pioneer of blockchain infrastructure, has announced that Starcoin, the world’s first finished public chain developed using Move language, was officially launched.

The Westar team, the pioneer of blockchain infrastructure, announces that Starcoin, the world’s first finished public chain developed using Move language, was officially launched.

Move language is a smart contract language developed by Facebook specifically for Libra. Its primary goal is to manage the state of digital assets. It will also play an essential part in the Metaverse development and a tremendous creative experiment in the realm of blockchain. Even though the developers could envision the future of the Move language, they couldn’t imagine it at the time. Starcoin pioneered the first permissionless public chain to support Move in less than two years, ushering in a new era. Style evolution.

A thorough analysis of the Move language and its smart contracts by the Starcoin team has led them to believe it will be a key component of the future blockchain ecosystem. Digital assets are first-class citizens in Move’s design. When utilized as variables in smart contracts, digital assets may also be used as parameters, return values, and other inputs. While compiling, the security check for the compiler is made easier by the language’s static type. As a result, the smart contract’s security may be enhanced by checking “resources” for errors before release. It’s not only that the Move language is naturally compatible with digital asset security, but it may also act as a firewall against assaults on the public chain. This puts the Starcoin created on the Move language at the forefront of security and performance.

The Westar team said that in addition to innovation, creating the necessary conditions for developers is a must. At present, Starcoin has established a simple financial infrastructure to serve ordinary users, so that everyone can participate in the deployment contract, create digital assets, develop DeFi applications and so on. This financial infrastructure realizes an open permissionless public chain and has been developed and used for developers. In the first online Starcoin Move Hackathon Competition which closed recently, Starcoin attracted more than 30 project teams from around the world to build DApps based on the Move contract in Starcoin chain. In addition, Starcoin launched the first Move developer community, which attracted more developers to feel the charm of Move language to build a Starcoin ecosystem. It is said that Starcoin’s new Move Hackathon Competition is being prepared. All high-quality technical teams will be supported by STC tokens of Starcoin foundation.

As a safe and smart contract operation platform with financial system genes, Starcoin has been able to embody all the market imagination for a decentralized world. Whether Starcoin tries NFT or Swap it will be implemented soon, and these have brought more possibilities and hopes to the industry. Although Starcoin is still very young, DApp led by Move smart contract will be an important development direction in the future. The prosperity of public chains is becoming a reality. Starcoin will leave an indelible record in the history of blockchain development.

Contact:
Tim, Westar Labs
Email: tim@westar.io
Twitter: https://twitter.com/StarcoinSTC (@StarcoinSTC)
Websites: https://westar.io/ https://starcoin.org/

Westar, a pioneer of hierarchical blockchain, was founded in 2018 to create next-generation hierarchical blockchain and financial infrastructure. Through advanced technology and engineering capabilities, we build our products and basic network, thereby reducing dependence on trust and improving the efficiency of financial markets. For the blockchain ecology, we use hierarchical blockchain technology to ensure security and processing speed to achieve the purpose of commercial use. And through an open financial network, change the world and change the lives of ordinary people. (westar.io)