On-Chain KYC(TM) provider Blockpass is excited to announce a partnership with Next Block Expo, one of the biggest industry events in Europe. This new partnership will see Blockpass CEO Adam Vaziri speaking at the Next Block Expo event in Berlin on November 23rd and 24th of this year. Those looking to attend should take advantage of the early discounts being offered.
Next Block Expo is styled as ‘The Blockchain Festival of Europe’ and boasts an impressive 5000 attendees, 100+ sponsors & exhibitors, and 80+ speakers. The event promises to be a hotbed of activity with presentations, roundtables, workshops, pitch contests, hackathons, VC ‘speed dating’ and numerous side events. Topics being discussed and explored during the two day extravaganza cover all manner of crypto- and blockchain-related topics including DeFi, blockchain gaming, the metaverse and NFTs, scaling and infrastructure, Web3 discovery, fundraising and investing. Next Block Expo offers a chance for attendees to meet founders and CEOs of fast-growing startups, VCs, angel investors, advisors and blockchain experts that can elevate business to the next level.
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 more than 500,000 verified user identity profiles, Blockpass facilitates instant onboarding, and to date over 3000 services have taken advantage of this opportunity to get access to users with reusable digital identity profiles.
“We’re delighted to be getting back into the events scene with such an important company as Next Block Expo.” said Adam Vaziri, Blockpass CEO. “We’ve always been determined to bring regulation and compliance to the widest possible audience and bring legitimacy to the blockchain ecosystem, and with the foresight of the Next Block Expo team in realizing the importance of compliance this promises to be a great place to do so.”
“Next Block Expo wants to focus on the future of Web3 – we are witnessing a new economy that is a combination of what Web3 already created and now traditional sectors are jumping in. So let’s discuss, brainstorm and share our vision of the future. Compliance is the big and important part of it.” said Tom Kopera, Next Block Expo Co-Founder.
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 have led to a surge in interest for Blockpass’ On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Through its recent work with Animoca Brands, Blockpass is developing the ability to provide KYC 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, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass’ KYC ConnectTM platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network – a decentralized oracle solution – last year, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come. Additionally, Blockpass’ partnership with Animoca Brands has demonstrated how verification and adherence to standards can be proved on a blockchain without revealing any underpinning data – a significant boon for verifying Animoca Brands’ NFT prize winners and a huge step towards securing the ecosystem of the Metaverse. The Blockpass App is available from the App Store and Google Play.
About Next Block Expo Next Block Expo – The Blockchain Festival of Europe will be held in Berlin, 23-24 November 2022. NBX brings founders, investors and blockchain experts together to redefine & discover the future of web3. With the magnitude of 14.000m2 venue, 5.000 attendees, 100+ sponsors and 80+ speakers it aims to become one of the biggest industry events in Europe.
The event is called “The Blockchain Festival of Europe” for a reason as it serves its participants 6 content tracks within multiple formats including: Presentations, Roundtables, Workshops, Pitch Contest, Hackathons, Speed Dating, Side Events and Expo.
Networking opportunity backed by world-class event mobile app is the core value proposition for the attendees. Target audience of the event includes founders, developers, VCs, exchanges, market makers, launchpads, dApps, service suppliers and other industry participants.
Crypto Valley Association, the Switzerland-based association of blockchain corporates and crypto professionals, has partnered with Crypto Oasis, Dubai to connect the growing blockchain communities in both Switzerland and the Middle East. Sharing several of the same goals for the growth of a thriving global blockchain ecosystem, Crypto Valley Association joins forces with Crypto Oasis to boost the development and adoption of blockchain technology.
Ralf Glabischnig, founder of the Crypto Oasis is fully focusing on connecting the Crypto Valley to the Crypto Oasis and growing the wider Inacta Group with Venture Capital and Venture Building structures in the UAE. The goal is to replicate the unique ecosystem growth strategy from the Crypto Valley into the Crypto Oasis. Inacta is also one of the founding members of the Crypto Valley Association and believes the time is ripe for this collaboration to bring the two regions closer together and bridge the geographic distance.
The Crypto Valley Association is based out of Zug, which is Europe’s crypto capital. The Association was founded to benefit from Switzerland’s strengths to connect startups and established enterprises and foster blockchain – & cryptographic tech innovation and adoption. The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and in the Middle East.
Emi Lorincz, President of the Crypto Valley Association says: “I am thrilled to help accelerate the global growth of the Crypto Valley Association. After opening our CVA Latin America Chapter, the Middle East, as a hub – with already 1000+ organisations – is the fitting next step for our expansion. We are delighted to partner with the digital economy in the Middle East with our focus on blockchain technology and we’re excited about this flourishing partnership with Crypto Oasis that will help us foster blockchain adoption at a global scale.”
Faisal Zaidi who is a co-founder of Crypto Oasis will lead the Crypto Valley Association chapter for the Middle East. He says: “We are excited to announce our new alliance with the Crypto Valley Association. The two entities will play complementary roles and expedite our mutual aim to establish a leading global blockchain ecosystem. This alliance will connect a fragmented blockchain world by connecting Switzerland, which is at the forefront of disruptive technology, with the Middle East which is all set to become the new hub for crypto and blockchain.”
To initiate building the bridge between Dubai and Switzerland, the Crypto Oasis is inviting the Dubai International Financial Centre (DIFC) to visit Crypto Valley in Zug, Switzerland. During their visit, they will identify blockchain organisations in Crypto Valley that have the potential to migrate to Dubai to further enhance the Crypto Oasis ecosystem. These crypto companies will get a chance to explore the plethora of opportunities in this region and witness a friendly jurisdiction that welcomes disruption in the digital space. Further of these visits with other major organisations like DMCC, DWTC and ADGM are planned for the future.
The heart of the fastest-growing blockchain ecosystem in the world is Dubai, which is emerging as a citadel of blockchain innovation and has the potential to back great blockchain enterprises. Crypto Oasis catalyses the growth of organisations in the crypto space and like the Crypto Valley Association, it brings together investors, start-ups, corporates, researchers and government entities. The cooperation and collaboration between both will aim to advance the digital economy in the Middle East and bring distributed ledger technologies to the mainstream.
About Crypto Valley
The Crypto Valley Association is a Swiss-based independent with the mission of building the world’s leading blockchain and cryptographic technologies ecosystem. The CVA is powered by its eleven Working Groups and by its driven members. The main purpose of the Association is fostering collaboration, driving adoption of digital assets and connecting startups, established enterprises through networking, research, policy recommendations, and its yearly flagship conference, – the Crypto Valley Conference (www.cryptovalleyconference.com).
The Crypto Oasis is a Middle East-focused blockchain ecosystem supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis’ vision is to be one of the leading blockchain ecosystems in the world. Today it is the fastest growing, with more than 1,100 organisations in the UAE alone. The forecast is to identify over 1,500 established organisations across the region by the end of 2022. www.cryptooasis.ae
For more information contact: Faisal Zaidi Crypto Oasis faisal@cryptooasis.ae +971552000840
Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, and Satori FP&A, a leading reseller of solutions that promote finance automation, continuous planning, reporting, modelling and data integration, today announced a strategic partnership to offer an integrated end-to-end solution for the financial and accounting process. This partnership will provide customers with a best-in-class single source of truth of their financial data, accelerating the end-to-end FP&A, consolidation, and accounting close processes in a seamless experience.
“This strategic partnership with Trintech connects financial close management to financial planning and analysis, and will help F&A teams shift their focus from manual, tedious processes to critical business priorities,” said Avron Newstadt Commercial Director of SatoriFP&A. “We’re excited to partner with Trintech as their solutions, company culture and target market is perfectly complementary to SatoriFP&A and will better position us to meet the evolving needs of the market.”
Together, the combination of SatoriFP&A and Trintech’s financial close solutions further expands Trintech’s existing partnerships with Planful and Workiva to enable these essential functions:
Financial Planning: Planning, budgeting, forecasting, including cash flow
Operational Planning: Revenue, inventory, demand planning, along with sales and operations planning
Close Management: Balance sheet reconciliation, journal entry management, high-volume transaction matching, data validation, account mapping, workflows, and accruals
Financial Consolidation: Intercompany eliminations, foreign currency, and GAAP/IFRS regulations
Reporting and Analysis: Variance analysis, performance analytics, and financial and management reporting
“We are excited to be partnering with SatoriFP&A as we continue to expand and grow the Trintech business across ANZ and APAC,” said Fintan Diviney Director, APAC at Trintech. “SatoriFP&A brings immense knowledge and experience in best practices for F&A organizations and also has existing relationships with 2 of Trintech’s strategic technology partners, Planful and Workiva. This partnership will continue to strengthen Trintech’s partner ecosystem focused on helping F&A teams to work faster, more effectively, and with more confidence with close management processes deeply connected to FP&A.”
About SatoriFP&A For the last 25 years, SatoriFP&A has been assisting companies and the office of CFO & finance with solutions to improve their Month-End Close and FP&A processes. From transaction matching, account reconciliation, budgeting, planning, forecasting, reporting, dashboards, financial modelling, financial data aggregation, and Financial Data ETL. Satori has assisted companies small medium and large across multiple industries including, Retail, Financial & Business Services, Utility, Mining, Travel, Industrial, Manufacturing & Distribution. Our team are all ex-Finance Professionals CAs or CPAs, so we know the pain of, and modern solutions for, your manual excel based processes.
About Trintech Trintech Inc., a pioneer of financial corporate performance management software, combines technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company’s cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.
Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordic countries, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.
Crypto Oasis has teamed up with the Theatre of Digital Art (TODA) to launch arte Talks, a first-of-its-kind bi-monthly initiative that will bring Web3 into the mainstream. These series of talks will be based around the innovations, developments and solutions Web3 is bringing to the digital world. There was a massive turnout at the first event, held on August 28th, attracting people who wanted to know more about developments within Web3 and blockchain.
Crypto Oasis wants arte, a Web3 Meta-Community initiative, to become a global platform that will foster creativity, entrepreneurship and collaboration across borders, by shining a spotlight on prominent voices from the art and crypto communities. The series of talks also seeks to expose some of the myths that surround Web 3 and decentralised technologies by educating a large target audience about the cultural phenomenon of NFTs, the Metaverse, and Blockchain. TODA, using its state-of-the-art technology, comes in to present a sophisticated and cutting-edge way of seeing NFTS and Blockchain art and at the same time, creates an oft-missed link between digital and traditional art forms.
“We are thrilled to be partnering with TODA,” commented Ralf Glabischnig, Founder of Crypto Oasis. “arte Talks will bring together like minded individuals and Web3 communities to create an environment that will enable individuals in the art and technology space. We expect this partnership to bring us one step closer to spreading Web3 and Blockchain adoption and awareness.”
The pilot event featured exciting speakers who explored NFTs through unique lenses. The first talk was given by award-winning artist Amrita Sethi, whose claim to fame is being UAE’s first NFT artist and visionary. Amrita turned her back on corporate life to pursue a deeper calling, leading to the creation of a new multimedia art form, called “Voice Note Art”, which is now called “SoundBYTE”. Her thought-provoking talk included topics like human behaviour and their understanding of art and technology. She talked at length about brand adoption and how NFTs and the Metaverse can seamlessly integrate into our lives, much like the Internet.
The second arte Talk was given by Patrick Mortiz, or PRM, the creator of Dubai Peeps, an avant-garde NFT project. His artistic speciality is moulding ultra-realistic sculptures out of clay. PRM shared deeper thoughts on the digital art space and how it can provide opportunities for both digital and traditional artists.
arte Talks has been launched at a crucial time as the world becomes increasingly tied to the digital asset market since the rise of NFTs in 2020. NFTs and the Metaverse are set to transform our futures and will continue to disrupt both the digital and traditional art worlds. arte offers exciting opportunities for creatives, visionaries and artists who seek to grow their brands and advance the regional digital economy. TODA is the ideal partner in arte’s journey to seamlessly connect the art community with blockchain and finance professionals.
Daria Prodaevich, Managing Director of TODA said: “At TODA it is our mission to make complicated concepts easier for everyone. We strive to educate our community and increase awareness of the utilization of WEB3 space. arte Talks enables us to bridge the gap between the art sphere and the decentralized domain of blockchain- as well as the opportunities within it.”
arte Talks will bring together the crypto community of Dubai again this month for another fascinating talk and it will spotlight some of the most exciting, emerging voices in art and blockchain. For anyone interested in taking part in arte Talks and becoming a speaker to explore and share knowledge, please apply on the following website – https://arte.community/speak-at-arte-talks
This initiative is supported by Gulf Business and GB Tech Talk (A Gulf Business brand)
About arte
arte is a Web 3.0 Meta Community initiative by Crypto Oasis. It is a digital pioneer that will enable collaborations and knowledge sharing among the Web3 community, which includes artists, finance professionals, investors, collectors, blockchain specialists, and Metaverse enthusiasts. It will help them stay updated with the latest news and trends and will also work on educating the wider public on blockchain technologies. arte will provide a space for the development of Metaverse, blockchain, and NFT (non-fungible token) solutions.
About TODA
The Theatre of Digital Art (TODA) is the UAE’s first digital art theatre that offers a 360 degrees immersive experience to its visitors using state-of-the-art technology. TODA takes you into an immersive way of appreciating masterpieces from the world’s most notable artists and contemporary digital creatives. It aims to make complicated new concepts simple and uses an innovative format to present the world’s art. TODA provides people with the best of what the art of the future can offer.
Event attracts 19,000+ participants, bringing government and business leaders together to facilitate project matching
The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), concluded yesterday (1 September). Continuing in the tradition of being a formal, substantial and high-quality event, the summit saw state leaders and senior officials, regional government leaders and business leaders gathered to explore the business potential of the Belt and Road Initiative, and to drive synergies and create a win-win situation through multilateral collaborations such as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Regional Comprehensive Economic Partnership (RCEP).
The seventh Belt and Road Summit, which ran under the theme “Heralding a New Chapter: Collaborate and Innovate”, attracted more than 80 government and business leaders to share their insights.
More than 19,000 participants from over 80 countries and regions attended online or in-person.
The 38th Prime Minister of New Zealand, John Key, Aswin Techajareonvikul, CEO and President of Berli Jucker PCL, Liu Liange, Chairman of the Bank of China, and Rod Eddington, Chairman of Infrastructure Partnerships Australia, JP Morgan’s Asia Pacific Advisory Council and Non-Executive Chairman of Lion shared their insights at Business Plenary “Collaborate for a Bright New Era”.
As one of the major celebrations to mark the 25th anniversary of the establishment of the HKSAR, the summit saw more than 80 senior government officials and business leaders from the Belt and Road region gathered to share their insights under the theme “Heralding a New Chapter: Collaborate and Innovate”. For the first time, the summit was held in a hybrid format, overcoming geographical boundaries by allowing those who were unable to attend in person to participate virtually. More than 19,000 attendees representing over 80 countries and regions participated online or at the physical event.
More than 800 one-to-one matching sessions The business matching and project pitching sessions at the summit remained popular among project owners and attendees. More than 280 investment projects from the Belt and Road region and beyond were presented at the summit, covering four main areas, namely: (1) energy, natural resources and public utilities; (2) innovation and technology; (3) urban development; and (4) transportation and logistics infrastructure. The projects focused on areas such as smart city development, data centres and e-commerce related investments. More than 800 one-to-one business matching meetings were arranged for project owners, investors and professional service providers to pave the way for collaboration agreements.
Real opportunities in RCEP but some challenges Multilateral collaboration creates more frequent cross-border trade and investment, and is becoming more important than ever in driving a strong recovery in the Asia-Pacific region following the pandemic. The RCEP, which came into effect this year, stands as the largest free trade agreement in history, accounting for 30% of the world’s population and GDP. Combined with the joint effort of more than 180 countries connected through the Belt and Road Initiative, it will further strengthen regional economic integration around the world. In the Business Plenary titled “Collaborate for a Bright New Era”, business leaders from economies along the Belt and Road and the RCEP shared their insights and explored how these initiatives and agreements can complement each other to drive strong economic growth and promote cross-border collaboration between businesses of all sizes.
The 38th Prime Minister of New Zealand, John Key, shared his views on the RCEP. “One of the things that are challenged is the supply chains. China is a really a huge market, and we source a lot of goods from China. We can see the impact the breaking down of those supply chains has had on global inflation.”
Aswin Techajareonvikul, Chief Executive Officer and President of Berli Jucker Public Company Limited, shared that the Thailand enterprises have well received the potential of the Belt and Road Initiative (BRI). “It is in tune with our 20-year strategy and Thailand’s ongoing projects for economic development under the Thailand 4.0 economic model. We are able to expand trade and investment to our neighbouring countries. We can also better link with the world market, especially for the CLMV countries [Cambodia, Laos, Myanmar and Vietnam].”
Liu Liange, Chairman of the Bank of China, said: “Most of the members in the RCEP are located in important junctions along the Belt and Road. This not only fosters connectivity between value chains and supply chains, but also further expands the ‘social circle’ of the Belt and Road Initiative, engaging more countries and businesses in the construction of the Belt and Road and in broader collaboration, as well as forming the dual-engine of the Belt and Road Initiative and RCEP within the region.”
Belt and Road Initiative drives consumption and Infratech development Global economies are pushing to achieve post-pandemic economic recovery. At the same time, countries around the world are striving to build stronger global business connections with the help of macro measures such as the BRI, the RCEP and the GBA development.
The demand for high-quality, innovative and sustainable infrastructure around the world has given rise to many new business opportunities. These innovative projects will be led and driven by visionary industry leaders as they usher in a new era of infrastructure development. In the “Faster, Greater Infrastructure” session of the thematic group discussions, business leaders who had turned futuristic concepts into reality and envisioned some of the world’s most important infrastructure projects exchanged their views.
Founder and Managing Director of Emaar Properties and Founder and Director of Noon.com, HE Mohamed Ali Rashed Alabbar, said: “I really believe that a link such as the Belt and Road Initiative and its effects on human life, economic progress, quality of life, job creation and exchange of cultures and knowledge and unity to the world – it is going to be incredible.”
Chief Marketing Officer of Hyperloop TT Robert Miller addressed the current trends in infrastructure technology (infratech) development. “Infratech is really underfunded and underdeveloped. Hyperloop really falls into the category of infratech where there is a longer time to profitability. So we need patient investors from both public and private sectors. Meanwhile, governments everywhere are looking at reducing carbon emissions. One of the biggest polluters is the transportation industry: 23% of all carbon emissions worldwide come from transportation. Europe, the United States and countries in Asia are all looking how to decarbonise the transportation industry. Hyperloop TT could be a massive driver in that decarbonisation,” he said.
The seventh Belt and Road Summit was made possible by its Strategic Partner, China International Capital Corporation (CICC); Regional Banking Partner, Bank of China (Hong Kong); and Platinum Sponsors, China Mobile International and China Unicom.
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 research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn
Media enquiries Please contact HKTDC’s Communications & Public Affairs Department: Clayton Lauw, Tel: +852 2584 4472, email: clayton.y.lauw@hktdc.org Sam Ho, Tel: +852 2584 4569, email: sam.sy.ho@hktdc.org
Win-win hybrid format overcomes limits of geography
The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today (31 August). This year’s event lasts two days and runs in a hybrid physical and digital format, helping overcome geographical boundaries. Business leaders unable to attend the summit in person at the Hong Kong Convention and Exhibition Centre (HKCEC) join all sessions online and identify potential business opportunities through the online platform. Participants and guest speakers at the physical summit can actively interact during the event as more than 80 government and business leaders share their insights and explore opportunities the Belt and Road Initiative presents.
The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region and HKTDC, opened today (31 August), with the theme “Heralding a New Chapter: Collaborate and Innovate”.
In his welcome remarks, Dr Peter K N Lam, Chairman of the HKTDC, said: “With innovation driving progress, the Belt and Road Initiative provides the framework to apply these innovations to create a sustainable future.”
The Policy Dialogue Session analysed how economies under the Belt and Road Initiative can strengthen cooperation and boost economic growth through infrastructure development and trade under “Driving Growth through Partnership and Collaboration”.
As the first major international event following celebrations for the 25th anniversary of the establishment of the HKSAR, the summit runs under the theme “Heralding a New Chapter: Collaborate and Innovate”. Project owners and operators, investors and service providers can explore opportunities arising from the Belt and Road Initiative, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) development and the Regional Comprehensive Economic Partnership (RCEP) through a variety of activities, including the Policy Dialogue, plenary sessions, thematic breakout sessions, one-to-one project matching and project pitching sessions and a virtual exhibition, creating a multi-win situation that will help boost economic growth in the region. Activities today are held both online and offline while tomorrow (1 September) will be entirely online.
In this morning’s opening session, Dr Peter K N Lam, HKTDC Chairman, delivered welcoming remarks. John Lee, HKSAR Chief Executive, delivered the opening address. Han Zheng, a member of the Standing Committee of the Politburo of the Communist Party of China Central Committee and Vice Premier of the State Council of the People’s Republic of China, delivered the keynote speech. Wang Wentao, Minister, Ministry of Commerce, the People’s Republic of China; Hao Peng, Chairman, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), the People’s Republic of China and Lin Nianxiu, Vice Chairman, National Development and Reform Commission, the People’s Republic of China, delivered special addresses while Zhang Xiangchen, Deputy Director-General of the World Trade Organization, gave a keynote address.
Mr Lee said in his opening speech: “The global rise of protectionism has reminded us of how important regional co-operation is. We have to work together for the better future of the region. Hong Kong is therefore very pleased to see the Regional Comprehensive Economic Partnership, or RCEP, come into force earlier this year. The landmark agreement underlines the open, inclusive, rules-based trade and investment partnership that RCEP’s member states are committed to realising. We believe that regional economic integration is an essential complement to multilateral trade. Hong Kong is seeking early accession to RCEP. It will enable us to deepen the collaboration and connections we enjoy with our close partners. The Belt and Road was created to build connectivity, to bring business, and people, together. No one does that better than Hong Kong, thanks to our ‘one country, two systems’ principle; thanks to our longstanding East-meets-West experience and the boundless opportunities afforded us in national development.”
Delivering the keynote speech, Mr Han said: “Hong Kong is an active participant, contributor and beneficiary of the Belt and Road Initiative. We are pleased to see that since the initiative launched, Hong Kong has actively negotiated and signed cooperation agreements with co-construction countries, developing trade and investment cooperation, service standard connection, international financial cooperation and exchange between people. Hong Kong plays an important role in Belt and Road development, as well as expanding its own development space. Hong Kong deserves full recognition for its work in this area. The Central Authorities will adhere to the principle of ‘one country, two systems’ in the long run, fully supporting Hong Kong in maintaining its unique status and advantages. Authorities fully support Hong Kong’s active participation in and contribution to the Belt and Road development.”
Addressing the opening session, Mr Zhang said: “The COVID-19 pandemic, geopolitical tensions, climate change and anti-globalization sentiment are the four major factors that I believe could affect the reshaping of the landscape of global trade policies. It is very challenging but can still be managed well if the whole world works together. To address these challenges, I strongly encourage enhanced dialogue and cooperation between all governments to find collective solutions because none of these challenges can be addressed by one government alone. Global challenges require global solutions.”
Dr Lam said: “The HKTDC is honoured to have Vice Premier Han Zheng deliver an important keynote speech at today’s summit, giving a more specific illustration of Hong Kong’s role as an active participant, contributor and beneficiary of the Belt and Road Initiative. Following President Xi Jinping’s important speech on 1 July, the Vice Premier’s ‘Four Hopes’ for Hong Kong’s participation in the construction of the Belt and Road further highlighted the direction of the city’s development. The HKTDC has always been committed to promoting the Belt and Road Initiative and development opportunities. The team and I will continue our efforts to promote Hong Kong as an international business platform and services hub and contribute to the Belt and Road Initiative.”
Multipartite cooperation to promote economic growth The Policy Dialogue Session, chaired by HKSAR Deputy Finance Secretary Michael Wong, analysed how economies under the Belt and Road Initiative can strengthen cooperation and boost economic growth through infrastructure development and trade under the theme “Driving Growth through Partnership and Collaboration”. The panel featured government and business leaders from several Belt and Road countries, including Lim Sidenine, Secretary of State of Ministry of Public Works and Transport, Kingdom of Cambodia; Luhut Binsar Pandjaitan, Coordinating Minister of Maritime Affairs and Investment, Indonesia; Lim Ban Hong, Deputy Minister of International Trade and Industry, Malaysia; Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, Singapore; and Chayotid Kridakon, Thai Trade Representative and Advisor to the Prime Minister.
Growing relationship between Belt and Road, RCEP and GBA The RCEP, which came into effect this year, is the largest free trade agreement in history, accounting for 30% of the world’s population and GDP. With the joint effort of more than 100 countries connected with the Belt and Road Initiative, global regional economic integration will be become more established. The Business Plenary titled “Collaborate for a Bright New Era” was held this morning, with Paul Chan, Financial Secretary of the HKSAR, delivering the welcoming remarks. Hosted by Ronnie Chan, Chairman of Hang Lung Properties Limited, the session examined how economic growth can be achieved through multipartite cooperation. Other guest speakers included the Chairman of Infrastructure Partnerships Australia, JP Morgan’s Asia Pacific Advisory Council and Non-Executive Chairman of Lion Rod Eddington; the 38th Prime Minister of New Zealand John Key; President of the Bank of China Liu Liange; Deputy Managing Director & Chairman for Hong Kong of Jardine Matheson Holdings Limited YK Pang; and CEO and President of Berli Jucker Public Company Limited Aswin Techajareonvikul.
In his welcome remarks, Paul Chan, Financial Secretary of the HKSAR, said: “We are capitalising on our strong collaboration with Shenzhen, developing Hong Kong into an international innovation and technology hub, focusing development on life and health sciences, advanced manufacturing, artificial intelligence and data industry, etc. We are also pressing ahead with more local infrastructure projects, including the Northern Metropolis and the Lantau Tomorrow Vision, as well as many other road, railway and land development projects. Talents, capital and entrepreneurs are all essential to achieving our goals. We warmly welcome businesses and talents from all over the world, Belt and Road countries included of course, to come to Hong Kong to collaborate with us and grasp the enormous opportunities together. To this end, we will have new policies and support measures to facilitate the coming of talents and enterprises.”
The strong economic resilience demonstrated by the Greater Bay Area amid the pandemic will further unleash the region’s economic potential in terms of cross-border trade and financial market liberalisation, along with the development of cutting-edge innovation and technology. The Business Plenary this afternoon, “Capturing Synergies between Belt and Road and Greater Bay Area”, was hosted by David YK Wong, Permanent Honorary President of The Chinese Manufacturers’ Association of Hong Kong. The panelists included Chairman of the Power Construction Corporation of China Ding Yanzhang; CEO, Chairman of the Management Committee, Executive Director of the Board of China International Capital Corporation Limited Huang Zhaohui; Chairman of MTR Corporation Limited Rex Auyeung; Chairman of WeLab Bank KC Chan; and Chairman of East Asia Region of Arup Group Michael Kwok. The speakers shared ideas on the potential opportunities the GBA brings as an important Belt and Road hub, and also discussed how Hong Kong can further leverage the advantages of the GBA to enhance its position and promote the development of the city’s industries.
Five breakout sessions explore hot-button issues on summit’s first day Spanning many countries and regions, the Belt and Road Initiative creates new room for the development of professional sectors. On the first day, the summit, in conjunction with a number of organisations including the Department of Justice of the HKSAR Government, the Insurance Regulatory Authority, China Foreign Contractors Association and Dun & Bradstreet, held five breakout sessions to examine a range of topics such as international dispute resolution, insurance services, GBA infrastructure development, digital technology development and future infrastructure development. More thematic breakout sessions and project pitching sessions will be held tomorrow – details of the programme, speakers and partner organisations can be found at https://www.beltandroadSummit.hk/conference/bnr/en
One-to-one business matching meetings and project pitching sessions Following the success at previous summits, the HKTDC has extended the hybrid project and business-matching sessions from two to seven days (31 August to 6 September) this year. New features include a video display at the summit to increase project exposure and give investors and professional service companies a better understanding of project details.
The summit also features online and offline exhibitions which have attracted more than 60 exhibitors and are divided into the “Global Investment Zone”, “Hong Kong Zone” and “GBA Tech Zone”. The project pitching sessions give entrepreneurs from different countries a platform to present projects, giving investors and service intermediaries a comprehensive understanding of investment opportunities in different sectors. Pitching sessions focus on four main areas – energy, natural resources and public utilities; innovation and technology; urban development; and transport and logistics infrastructure.
China International Capital Corporation Ltd serves as the Strategic Partner of the seventh Belt and Road Summit; Bank of China (Hong Kong) Ltd as the Regional Banking Partner; and China Mobile International Limited and China Unicom Global Limited as Platinum Sponsors.
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 research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn
Media enquiries Please contact HKTCD’s Communications & Public Affairs Department: Clayton Lauw, Tel: +852 2584 4472, email: clayton.y.lauw@hktdc.org Sam Ho, Tel: +852 2584 4569, email: sam.sy.ho@hktdc.org
NextPlay Technologies, Inc.(Nasdaq: NXTP), a digital native ecosystem for finance, digital advertisers, and video gamers, announced today that NextBank International, Inc. (NextBank), the international banking unit of NextPlay’s fintech division, has structured and signed a Collaboration Agreement with Alphabit Consulting Pte. Ltd. (Alphabit), formally launching the process of bringing deposit accounts and payment cards to members of Alphabit’s ABCC cryptocurrency exchange (ABCC).
The signed agreement creates an opportunity for tens of thousands of ABCC customers to open NextBank accounts and represents the first partner onboarding since NextBank revamped its operating systems to support this type of scalability. Once implemented, ABCC Exchange customers will be able to convert cryptocurrencies to, and use NextBank accounts to transact in, fiat currencies, and also use NextBank prepaid cards that will allow ABCC Exchange customers to transact in fiat currencies using their crypto assets. In the future, subject to NextBank’s and ABCC’s receipt of necessary regulatory approvals, the parties intend to provide an additional opportunity for ABCC customers to apply for payment cards under which approved customers will have the ability to borrow funds from NextBank, which borrowings are to be secured by cryptocurrencies held by the customer in a separate account at ABCC.
Alphabit has built a broad global user base with ABCC. As a Singapore-based cryptocurrency exchange operator, Alphabit has submitted a license application under the Payment Service Act 2019 to provide account issuance services and digital payment token services as it continues to operate under a license exemption.
Todd Bonner, chairman of the board of directors of NextPlay Technologies and head of the company’s fintech division, stated: “Last month our team implemented improvements in NextBank’s core operating infrastructure, significantly expanding the capabilities of our Fintech division, including for mobile and online banking. We intend to continue that improvement by seeking regulatory approval to add insurance products and block chained assets to our banking services. With the ABCC relationship, we have the potential to expand NextBank’s deposit base and depositor count to many multiples of their current level. The relationship with ABCC is expected to provide us with the opportunity to offer credit to this emerging class of high-net-worth crypto investors. Soon, we expect to offer unique insurance products and well-underwritten and currently not easily accessible real world alternative asset classes. We are very thankful to Calvin and his excellent team for offering us a chance to grow with ABCC.”
ABCC president, Calvin Ng, stated: “We started discussions with NextBank earlier this year seeking their financial services due to their architectural design, international online banking capabilities, and their positioning in the international online banking marketplace. We believe that such a cooperation between ABCC and NextBank will mark the beginning of a new paradigm in digital assets and banking, providing a new form of seamless services of the future. ABCC is very happy to secure this cooperation and encourages crypto exchanges globally to follow such a path.”
About Alphabit and ABCC Based in Singapore, Alphabit Consulting Pte. Ltd. operates the ABCC cryptocurrency exchange. ABCC is a leading crypto exchange that is exploring the future development of cryptocurrency projects for global users. It is working to create a world where cryptocurrency co-exists with traditional financial markets through robust Know-Your-Customers (KYC) processes. By engaging with reputable vendors, it seeks to deliver RegTech solutions that create a safe platform for its ABCC members. To learn more, visit abcc.com.
About NextPlay Technologies NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, and crypto-banking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.
Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties including, and not limited to, our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; current regulation governing digital currency activity is often unclear and is evolving; our and ABCC’s ability to secure all necessary regulatory approvals to expand the partnership to its fullest, and intended, potential; the future development and growth of digital currencies are subject to a variety of factors that are difficult to predict and evaluate, many of which are out of our control; the value of digital currency is volatile; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness, which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving Internet and e-commerce industries, which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; and that we have incurred significant losses to date and require additional capital, which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay’s periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings “Risk Factors”. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by fourth parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Company Contacts: NextPlay Technologies, Inc. Richard Marshall Director of Corporate Development Tel: (954) 888-9779 Email: richard.marshall@nextplaytechnologies.com
Alphabit Consulting Pte. Ltd Alan Li Chief Executive Officer Email: alan.li@abcc.global
As our regular readers know we’ve been using the extra time our testnet deployment afforded us to equip Paribus with the optimal conditions for our mainnet launch. As part of that process, we’re absolutely thrilled to share with the community that we’ve partnered with Multichain so that our PBX token can now be bridged to Arbitrum, Milkomeda, and Polygon.
Cross-chain interoperability has always been at the heart of everything we hope to achieve and it’s incredible that we’ve already reached this milestone. Development teams from both Paribus and Multichain have worked tirelessly to ensure the success of this move, going above and beyond our wildest expectations.
Multichain is a leader in terms of security, cross-chain speed, and costs. Since its foundation, it has evolved from a 1:1 cross-chain bridge to an innovative cross-chain router system that interconnects multiple chains. It offers an advanced and real-time Cross-Chain Router Protocol (CRP) system that supports the interoperability of tokens, NFTs, and general data across multiple chains.
For PBX holders the minimum volume required for a cross-chain transaction through the router is between 2,847 PBX and 9,412 PBX depending on which chain the bridge is between. Likewise, the maximum amount per transaction is 180,000,000 PBX to 2,747,026,344 PBX, again depending on the chain that’s being bridged to.
The transaction speeds are incredible too, with most transactions arriving within 10-30 minutes. Larger transactions may however take up to 12 hours to arrive. The definition of a large transaction varies from 1,000,000 PBX to 549,405,268 PBX depending upon the chain that it’s bridging to.
For those unfamiliar with Multichain, they may remember its previous name, Anyswap, which was founded in July 2020. Anyswap started life as a cross-chain decentralized exchange, however, seeing the strength of its development in cross-chain solutions it pivoted to specialize in bridging infrastructure.
They now provide a cross-chain router service that has a strong track record in terms of both speed and security, having quadrupled their speed of transactions over time. Significantly for Paribus, they also operate a non-custodial approach using Multi-Party Computation (MPC) technology. In practical terms this enables users to keep their full private key secret during interactions with the bridge. Because Multichain is non-custodial it means that it can’t take control of users’ assets, which is something we’ve seen happen with other platforms.
As our CTO Simon recently explained in relation to DAOs controlling users’ assets, “Deciding to control another person’s wallet without their permission isn’t something that I feel should be acceptable.” As such it was hugely important to us that the bridge provider we partner with operates on a non-custodial basis and we’re delighted things have worked out so well with Multichain.
Another crucial factor for us is the approach that Multichain takes towards its security. As we all know nothing in the blockchain space is ever 100% secure. Exploits and vulnerabilities are regularly exposed and as such, we take a very cautious approach to security.
In addition to being audited by TrailOfBits, SlowMist, PeckShield, DEDAUB, and BlockSec, Multichain also operates a bug bounty program and a security fund. The bug bounty program incentivizes the reporting of bugs from the community and the security fund is intended, “to provide protection for system operation and financial security in the event of unforeseen risks”. Their security audits are available for anyone to review: GitHub: https://github.com/anyswap/Anyswap-Audit
We’re sure you’ll be as delighted as we are to welcome our new strategic partnership with Multichain. Together we can help drive forward the future of interoperable DeFi.
Click the link below for the Multichain app. Liquidity will be provided by the Paribus team in the coming days: https://app.multichain.org/#/router
About Paribus
Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets, powered by the Cardano blockchain and is traded on Kucoin, Gate and Uniswap. https://Paribus.io
Their worldwide promotional roadshow “MOMENTUM” will be continued as part of Gamescom in Cologne – the gaming metaverse will be presented at the exhibition.
Alex Suárez, CEO & Founder, GamesCoin Group
Key highlights: – GamesCoin Group has built the first ‘Play to Own’ Metaverse Platform on the Blockchain. – The company has launched the GamesCoin LAB to experiment and develop different innovative and disruptive ideas. – The next stop of their international promotional tour is at Gamescom in Cologne, from August 24 to 26, 2022.
Alex Suarez, CEO and founder of GamesCoin Group, is rewriting the history of gaming by simply merging gaming with modern blockchain technology. The immersive game world gives players full control over all assets they unlock or acquire in the game and allows them to benefit from their in-game achievements. GamesCoin Group positions itself as the pioneer and a true game changer in the blockchain gaming industry as it works with disruptive tech that incorporates metaverse and Web 3 experiences.
GamesCoin Group is providing a comprehensive ecosystem for gamers, game developers, publishers and advertising partners built on the GamesChain – its own Ethereum-based blockchain. The Hub will enable players to seamlessly move between different games and virtual worlds using NFTs and digital assets to play. Users can also effortlessly create and own their gaming experience in an open and scalable metaverse with a higher level of interactivity. A key component is their GamesCoin token, an integrated currency in all worlds of the Hub.
The world’s first ‘Play to Own’ metaverse hub for gaming on the blockchain requires increased agility and reduced reaction times. The company has launched the GamesCoin LAB, which is a think tank focused on experimentation for innovation. Experts from various disciplines, gamers and like-minded people from all around the globe meet here to contribute to the development of GamesCoin and its digital gaming ecosystem. The small-scale successes become reliable building blocks during the execution of the innovation. From the design of new games, digital asset related developments or the further refinement of decentralised technologies, the GamesCoin LAB is where ideas transform into practical applications.
“The GamesCoin LAB gives us the opportunity to invite people to join us in shaping the evolution of gaming according to their own aspirations. In doing so, we not only appeal to experienced contributors but also give the next generation the opportunity to bring their ideas to the table, shape new gaming experiences and profit from their success.” said Alex Suarez, CEO & Founder, GamesCoin Group.
As part of its international promotion tour MOMENTUM, the GamesCoin Group is making its next stop at Gamescom in Cologne. The company will welcome its visitors from August 24 to 26, 2022, and present the current state of its developing gaming metaverse to the trade audience.
About GamesCoin Group
GamesCoin is unlocking an ecosystem for a whole new gaming world by combining blockchain and gaming in innovative ways to enable a digital cosmos offering countless opportunities – from multi-utility NFT marketplaces for gaming items to cross-game promotions. Extremely secure, compliant and user-friendly wallet technology enables gamers and partners great accessibility to this next-generation gaming ecosystem. Web: https://gamescoin.io
CONTACT GamesCoin Group Christian Schon / CCO 13587 Berlin, Germany info@gamescoin.io gamescoin.io momentum.gamescoin.io T +49 30 439 73 82 80
UREEQA teamed up with renowned cigar manufacturer La Flor Dominicana for an exclusive, limited-edition NFT drop. And so far, it’s been a tremendous hit.
La Flor Dominicana’s Golden NFT release is validated by UREEQA, resulting in one of the most unique and secure NFT drops in history. The auctions themselves are taking place on the UREEQA marketplace from 8/11 to 8/23 and can be accessed at https://bit.ly/UREEQAXLFD.
Earlier last week, La Flor Dominicana and UREEQA launched a first of its kind NFT drop that provides an opportunity for seven people across the world to become the exclusive buyers of the Andalusian Bull – The Golden NFT, allowing them to purchase up to 70 cigars per month. The original buyers of these seven NFTs will also receive a personalized 50-count Gold Bullion Humidor filled with cigars.
Auctions for five of the seven have been completed, with prices hitting $90,000. The auctions themselves are taking place on the UREEQA marketplace and can be accessed at https://bit.ly/UREEQAXLFD.
Those who purchase The Golden NFT on the UREEQA Marketplace won’t just be comforted by the fact the digital asset and related utilities have been protected by UREEQA’s patent pending validation service, but they’ll also gain the exclusive right to buy the newly created Andalusian Bull — a special LFD cigar that is not available on the cigar market.
What is The Golden? It is a never-before released Lonsdale version of the famed Andalusian Bull; which pays homage to Spain, the birth country of company founder Litto Gomez and was named Cigar Aficionado Magazine’s Cigar of the Year in 2016.
“Personally, it’s my favorite cigar,” said Tony Gomez, Vice President of La Flor Dominicana. “There is just something special about the Lonsdale, I think it’s the most beautiful cigar size, and when combined with the Andalusian Bull blend there emerges an elegance and depth of flavor that is nothing short of spectacular.”
The 42″ x 6.25″ Lonsdale has, until now, been a private blend that Litto Gomez and his son Tony have kept for themselves and their friends. That is changing; altogether, seven NFTs will be minted and auctioned off. Those who purchase an NFT will gain the right to buy up to 70 of these cigars per month for as long as they own the NFT. La Flor Dominicana guarantees that these seven NFT owners will be the only people in the world who can buy The Golden directly from them. Owners of the NFTs will be allowed to re-sell the digital asset in the future, transferring the right to purchase the cigars to a new owner.
“La Flor Dominicana is an adventurous, creative brand entering uncharted territory with an NFT release that is historic and unprecedented in their industry,” UREEQA Chief Marketing Officer Shannon Powell said. “We’re happy that they’ve recognized we can offer LFD and their clients the ultimate protection and guidance for their highly anticipated release. This is the beginning of something big!”
UREEQAs patent pending validation service verifies the authorship, ownership and originality of any asset that can be tokenized. From cigars to digital art, the integration of people, processes and technology works in tandem to maintain the integrity of an NFT. This creates more value and trust for sellers and purchasers; especially for an industry navigating into the unfamiliar world of digital assets.
“Our industry is rather old school, and we realize that this idea will expose a lot of people to a totally unknown world,” said Gomez, “so being able to provide a safe, secure platform for bidding and purchasing that offers assurances regarding authenticity is extremely important. The way we see it, these NFTs aren’t just access to a special cigar — they are an investment and UREEQA’s validation services provide protection on that investment.”
It doesn’t get much more important than that and to the Gomez family and the LFD brand, it’s personal.
La Flor Dominicana was founded by Tony’s father, Litto Gomez, and his stepmother, Ines Lorenzo Gomez in 1994. In a relatively short lifespan, the brand has managed to compete with generational cigar brands that have been around for lifetimes. Still, the company’s focus has always been on quality over quantity.
“We never make more cigars than we can,” Tony Gomez said, “even if demand far exceeds production, which it always does. And we control the entire process behind our products, which includes owning both our own farm and factory.”
That is being employed in full force for La Flor Dominicana’s Golden NFT release, resulting in one of the most unique and secure NFT drops in history. You still have a chance to jump in!
NFT release schedule: Each NFT will be released one at a time with a 48-hour window. #1 – 8/11 – Completed at $85,000 #2 – 8/13 – Completed at $78,000 #3 – 8/15 – Completed at $90,000 #4 – 8/17 – Completed at $90,000 #5 – 8/19 – Drops at Noon 8/21 EST #6 – 8/21 – Drops at Noon EST #7 – 8/23 – Drops at Noon EST
About UREEQA UREEQA strives to protect creators’ work, their rights and their revenue through the process of validation when harnessing the power of secure blockchain technology.
Established in Canada in 2020, UREEQA advances an always evolving secure digital ecosystem of people, processes and technology – trusted and unique – that enables Creators to efficiently and affordably protect, control and monetize their assets, anywhere around the world.
Wielding best-in-class processes, UREEQA mints NFTs that prove and validate any original creation can be tokenized through a Package of Proof, verifying the authorship, ownership and originality for source creative work. Performed by unbiased, third party validators and attested by the Creator, this NFT empowers Creators to securely monetize their assets on the blockchain while giving buyers reassurance of authenticity.
At the heart of the UREEQA global digital ecosystem is URQA, the token that innovatively brings value and opportunities for the creator community, validators and token holders.
For more information on UREEQA and upcoming announcements, please visit our website, join our Telegram channel and Discord server, and follow us on Twitter, Instagram and LinkedIn.
About La Flor La Flor Dominicana was founded in 1994 in Santiago, Dominican Republic by husband and wife team Litto and Ines Gomez and remains a family business to this day. Over the years they have developed a wide range of award-winning blends to fulfill the ever-changing needs of today’s cigar smokers. Their well-known quality and consistency is made possible through their philosophy of vertical integration. From the seeds planted on their farm to the cigars rolled in their factory, they have achieved a rare level of control over every process behind their products. https://laflordominicana.com/
Disclaimer: Statements in this article, including any statements relating to UREEQA’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in technology development and commercialization. As a result, actual results may vary materially from those described in the forward-looking statements. Do your own research!
