Category: Technology

AI-Blockchain Platform ChainGPT Secures Launchpad with Blockpass KYC

The advanced AI model for blockchain solutions, ChainGPT, and Blockpass, the Web3 compliance provider, are pleased to announce that ChainGPT’s decentralized fundraising platform and launchpad utilizes Blockpass’ KYC platform to secure its ecosystem and ensure the highest standards of compliance are met. Through this move, ChainGPT Pad – ChainGPT’s combined incubator and launchpad – is able to facilitate the development of projects in a safe and regulated manner.

ChainGPT utilizes the power of AI to create revolutionary tools such as AI crypto trading analysis, AI NFT generation, AI smart contract generation, and more. Its ChainGPT Pad solution is an IDO platform that enables projects looking to introduce a token into their systems and launch it via Initial DEX Offerings (IDOs). Through this, ChainGPT Pad will facilitate the development of the next generation of AI, Infra, DeFi, DecSi, and SocialFi projects. Pooling capital from retail users through its decentralized platform, ChainGPT’s IDOs provide higher security for end users than alternate fundraising methods by collecting the funding and only releasing to the projects after the satisfaction of certain criteria. At the same time, the ChainGPT Lab incubation and acceleration program is a multi-month-long program of an intense and intimate collaboration between promising projects that are looking to launch into Web3 that provides support and guidance alongside the acceleration of development for the projects.

Blockpass, the Safe Network for Crypto™, pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With more than one million verified identity profiles, Blockpass facilitates instant onboarding, and to date more than two thousand businesses have benefitted from Blockpass’ compliant network.

“With the integration of Blockpass KYC into ChainGPT Pad, we are setting a new standard for compliance and security in the decentralized fundraising space. Our collaboration ensures that ChainGPT ecosystem is providing a secure environment for our community and fostering trust in the ecosystem,” said the ChainGPT Team.

“ChainGPT and ChainGPT Pad represent the next stage in the evolution of blockchain solutions by harnessing the power of AI, and we’re delighted to be able to play a part in seeing its new and exciting possibilities brought to fruition,” said Blockpass CEO Adam Vaziri. “AI has the potential to fundamentally change how services and solutions are developed and we’re fully prepared to ensure that such processes are carried out in accordance with the highest regulatory standards in order that we can all realize this future without issue.”

By working together to develop these solutions, Blockpass and ChainGPT aim to create a safe and secure ecosystem where Artificial Intelligence can transform crypto, blockchain and Web3 through improved efficiencies, privacy-centric solutions, increased automation and a host of other benefits that machine learning and AI can enable.  

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot(TM) for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC(TM) to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

About ChainGPT
ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. From automated smart contract generation and auditing to advanced Web3 AI chatbot, AI-powered news aggregation, AI Trading Assistant, Cross-Chain Swap, and AI NFT Generator, ChainGPT is the most sophisticated, end-to-end AI solution on the market. To learn more about ChainGPT AI Tools, we invite you to visit the ChainGPT use-case page.

For more information, visit: https://www.chaingpt.org/

Standard Chartered GBA business confidence survey shows sentiment holding up

Findings highlight sustained growth momentum

Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the Standard Chartered GBA Business Confidence Index (GBAI) for the second quarter of 2024. The “current performance” index for business activity remained largely unchanged in Q2 at 54.1, compared to 54.3 in Q1, and near its strongest level since Q2 of 2021. The GBAI “expectations” index rose to 54.8 in Q2 from 54.0 in Q1, registering its first rise in five quarters. The figures remain comfortably above the 50 neutral mark, reflecting sustained expansionary momentum following a solid start to the year.

At the city level, Hong Kong’s “current performance” rose to 47.1 from 43.3, while “expectations” increased to 49.7 from 44.2, getting closer to the 50 neutral level. However, Guangzhou’s “current performance” index fell to 53.6 from 57.1 and “expectations” dropped to 56.6 from 60.6. Shenzhen posted the highest “current performance” at 57.3 and “expectations” at 57.1.

The performance among specific industry categories was diverse. “Retail and wholesale” (+3.9 points for “current performance” and +2.6 points for “expectations”), “financial services” (+15.0 points, +10.7 points) and “professional services” (+7.6 points, +12.3 points) all improved materially quarter-on-quarter. The May Labour Day holidays and an early start to the “618” online shopping festival probably boosted household demand, allowing “retail and wholesale” to beat “manufacturing and trading” (-0.9 points, +0.7 points), despite the latter’s stronger start to the year.

“Innovation and technology” (I&T) appeared to take a hit from tariff concerns, with the category’s “current performance” sub-index plunging to 43.9 from 57.8 previously, and “expectations” falling sharply to 38.1 from 54.6 in Q1. However, the level of confidence across I&T respondents varied in the three key cities of Shenzhen (42.0 for “current performance” and 33.7 for “expectations”), Guangzhou (50.0, 59.4) and Hong Kong (63.2, 76.0). This shows that not all tech companies are equally vulnerable to tariff hikes from countries in the west.

Kelvin Lau, Senior Economist, Greater China, Standard Chartered, said: “During the survey period, the US hiked tariffs on US$18bn worth of imports from China as part of its Section 301 review. The same period also marked the run-up to the European Commission’s more recent decision to impose anti-subsidy tariffs on Chinese electric vehicles (EVs). Some of our I&T respondents are probably part of such EV and lithium battery supply chains, and their reliance on external demand could be a lingering concern going into the US elections. That said, we take comfort from Hong Kong’s I&T outperformance, which likely reflected the city’s recent innovation and technology push via attracting strategic enterprises and related talent.”

New quality productive forces offer investment catalyst
The term “new quality productive forces” describes China’s push to modernise its economic growth model through technological innovation and transformation. While one of the main concerns over the push is whether there will be enough demand to absorb output from the increase in production capacity, only 11.7% of respondents saw “a very high risk” of overinvestment and potential overcapacity in some of the new industries, while a more substantial 36.7% described this as “only a low risk” while acknowledging that risks exist.

The risk of overcapacity or macro concerns such as an uncertain economic outlook did not deter GBA companies from upgrading equipment and planning to make other business investments in the next 12 months. Of the respondents, 26.1% said they planned to increase such investment materially or marginally, versus just 6.9% planning a decrease. A majority 67% opted for no change.

Irina Fan, HKTDC Director of Research, said: “Recent economic data from Mainland China indicates that the country’s growth remains at a solid pace so far this year. A greater role for Hong Kong is expected, particularly in the area of industrial transformation as the country focuses on pushing through the new quality productive forces. We also see room for financing and investment expectations to play catch-up.”

About the GBAI
The GBAI is the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects in cities and industries across the GBA. It is compiled based on a survey of more than 1,000 companies in the GBA covering the manufacturing and trading, retail and wholesale, financial services, professional services and innovation and technology sectors. The index enables investors and businesses to better understand the current business climate, gauge future performance prospects and formulate their market strategies for the GBA.

Related materials

Photos download: https://bit.ly/4ePUtql

A person and person holding signsDescription automatically generatedKelvin Lau (left), Senior Economist, Greater China, Standard Chartered, and Irina Fan (right), Director of Research, HKTDC, announced the latest GBA Business Confidence Index (GBAI) today (8 July).    
A person in a suit speaking into microphonesDescription automatically generatedKelvin Lau, Senior Economist, Greater China, Standard Chartered      
A person speaking into microphonesDescription automatically generatedIrina Fan, Director of Research, HKTDC 

Media enquiries

Corporate Affairs DepartmentStandard Chartered Bank (Hong Kong) Limited
Lilian Goh
Tel: (852) 3843 0341
Email: lilian.goh@sc.com 
Communications & Public Affairs DepartmentHKTDC 
Katy WongClayton Lauw
Tel: (852) 2584 4524Tel: (852) 2584 4472
Email: katy.ky.wong@hktdc.orgEmail: clayton.y.lauw@hktdc.org

About Standard Chartered
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

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

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

To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

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

Kadena Announces Nitin Gaur as Advisor

Former IBM Blockchain Lab Founder and Global Head of Digital Assets at State Street Named Advisor to Industry’s Only Scalable Proof of Work Blockchain

Kadena, the industry’s only scalable Proof-of-Work blockchain, welcomes Nitin Gaur, the founder of IBM Blockchain Lab and a former Global Head of Digital Assets at State Street, as an advisor. Gaur, a distinguished leader in blockchain with a robust patent portfolio, brings a wealth of knowledge and expertise to guide Kadena’s strategic direction for implementing a decentralized approach to traditional finance.

Kadena Announces Nitin Guar as Advisor
Kadena Announces Nitin Guar as Advisor

Stuart Popejoy, CEO and co-founder of Kadena, expressed his excitement about the new addition to Kadena’s advisory team. “We are thrilled to welcome Nitin Gaur to Kadena as an advisor, joining blockchain inventor Dr. Stuart Haber, among others. His deep understanding of blockchain technology and his institutional background will be instrumental as we continue to push the boundaries of what is possible with our platform.”

Gaur shared in the excitement to join Kadena. “Kadena has a bright future with a world-class team of executives and advisors. I’m excited to bring my experience in blockchain-powered business networks, especially in financial services, to add to a strong foundation.”

Gaur’s contributions to the field extend beyond his work at IBM and State Street. He is a sought-after speaker at various global events, advised on digital currency initiatives at Stanford University, and holds 100-plus patents.

For more information about Kadena and its initiatives, please visit www.kadena.io.

About Nitin Gaur
Nitin Gaur is currently the founder and CEO of LedgerLink, an AI-driven Web2.5 platform. The goal of LedgerLink is leading Digital Asset and Technology Design, with aspirations to transition part of the company’s financial market infrastructure and its clients to the new digital economy. In this role, Gaur aims to dedicate energy to bridging traditional finance and emerging decentralized finance with concepts around enterprise-grade digital-asset custody, risk-model frameworks, tokenization of traditional assets, and fund structures to transform and modernize the market infrastructure with a vast partner ecosystem. Nitin Gaur also serves as the CTO and co-founder at Portal Asset Management, an acclaimed crypto hedge fund. He is also the co-host of the “Beyond Bitcoin” podcast, which offers deep insights into the evolution and adoption of digital assets across industries.

In his previous role, Nitin Gaur served as Managing Director at State Street and was the founder and Director of IBM Digital Asset Labs – committed to devising industry standards and use cases and working towards making blockchain for enterprise a reality. In parallel, Gaur also served as CTO of IBM World Wire – a cross-border payment solution utilizing digital assets. He also founded IBM Blockchain Labs and led the effort to establish blockchain practices for the enterprise. Prior to this role, Gaur was working in the capacity of CTO, IBM Mobile Payments, and Enterprise Mobile Solutions. Gaur holds an MS in Management Information Systems and an MBA in Finance from The University of Maryland. He was also appointed as an IBM Distinguished Engineer and was recognized as a Master Inventor with a rich patent portfolio.

About Kadena
Kadena, a blockchain technology company founded in 2017 by Stuart Popejoy and Will Martino, who created JP Morgan’s first blockchain and led the SEC’s Crypto Committee, stands as the industry’s only scalable layer-1 Proof of Work (PoW) blockchain. This unique scalability enables Kadena to deliver infrastructure-grade performance for any blockchain project. Along with our smart contract language Pact, Kadena’s platform provides the world with the tools and environment to turn ideas and ambitions into reality, paving the way for true blockchain mass adoption.

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Kadena on X (formerly Twitter)
Kadena Discord

Contact Information
Kadena Press
press@kadena.io

SOURCE: Kadena

$220 Million Worth of Invoices Tokenized as RWAs on ICP Through InvoiceMate

DUBAI, UAE, June 26, 2024 – (ACN Newswire) – The Internet Computer (ICP) blockchain has successfully tokenized more than $220 million worth of invoices in collaboration with InvoiceMate, a leading platform for invoice tokenization recognized by Deloitte. This achievement marks a significant advancement in decentralized finance (DeFi) and highlights the transformative potential of ICP’s blockchain technology in real-world assets (RWAs).

ICP’s decentralized network, known for its scalability, security, and interoperability, is the key driver of its success. Its innovative architecture provides an ideal ecosystem for the tokenization of real-world assets, revolutionizing traditional finance. Over 1,850 businesses have benefited, with more than 101,000 invoices tokenized, demonstrating ICP’s capacity to handle large-scale financial processes efficiently and securely.

InvoiceMate, in partnership with ICP, transforms traditional invoices into digital assets, empowering SMEs globally. “InvoiceMate is proud to collaborate with ICP in tokenizing over $220 million worth of invoices,” said Muhammad Ibrahim, head of Web3 and innovation at InvoiceMate. “This milestone underscores our commitment to driving innovation in finance and empowering businesses of all sizes.”

Supported by the Dfinity Foundation, ICP is a decentralized network protocol that revolutionizes the internet by providing a scalable, secure, and interoperable platform for blockchain-based applications. Its architecture allows for the seamless tokenization of real-world assets, unlocking new possibilities for DeFi and financial inclusion.

About InvoiceMate 

InvoiceMate is the decentralized infrastructure for invoice financing that connects conventional businesses with Web3 investors via invoices as RWAs. With a focus on innovation and transparency, InvoiceMate leverages blockchain technology to revolutionize traditional finance and drive sustainable growth for SMEs worldwide. For more information, visit invoicemate.tech.

For media inquiries, please contact:
Muhammad Salman Anjum
salman@invoicemate.tech 

SUMMER WEB3FEST 2024: A Resounding Success and a Glimpse into the Future

Crypto Valley, Switzerland, June 21, 2024 – (ACN Newswire) – The Swiss WEB3FEST 2024 has concluded with outstanding success, setting new benchmarks in the world of blockchain and WEB3 innovation. From June 5-13, 2024, the event brought together an impressive 4500 attendees, 200 speakers, and 50 exhibitors across 28 events. Some highlights of the festival was the participation of Edward Snowden and the Crypto Valley Visionaries list, honoring the pioneers and innovators of the blockchain space. This year’s festival was embedded around the pivotal Crypto Valley Conference in Switzerland, combining several ecosystems and welcoming both national and international guests and speakers from all over the world.

Event Highlights:

One of the major highlights of the Swiss WEB3FEST 2024 was the fireside chat with Edward Snowden and Brittany Kaiser at SHED Zug. Snowden, the world-famous whistleblower, joined via video link for a 2-hour discussion on Friday and a 30-minute keynote at the Unconference on Saturday. He discussed data sovereignty, digital privacy, and the role of blockchain in decentralizing power and enhancing privacy. Snowden emphasized, “Not individuals, but large tech companies and state authorities now possess the right to privacy,” highlighting the critical need for blockchain technology in protecting digital rights. This session offered unique insights from two leading figures in the realm of digital security.

Additionally, the Unconference, held at the FIVE Hotel in Zurich, was another standout with six different areas, each with its own stage,agenda and presenting projects. This dynamic setup fostered in-depth discussions and hands-on experiences across AI, NFTs, the metaverse, gaming, finance, tokenization, and more on the Web3 space.

Lastly, the Sustainability Day, co-hosted by DFINITY, was another impactful day in which industry leaders showcased their initiatives towards a greener future.. This event underscored the importance of green blockchain initiatives and sustainable corporate practices, emphasizing the positive impact of blockchain technology on the environment.

Recap of Key Sessions:

  • Investor Brunch: Partnered by Animoca Brands, VNTR and Outlier Ventures, this event set the stage for impactful discussions on investment and innovation in the WEB3 space.
  • Protocol Roundtable: An exclusive luncheon for layer-1 blockchain leaders, fostering collaboration and networking.
  • Future of Protocols Sessions: Engaging keynotes and panels featuring industry leaders like Mihai Alisie (Akasha), Dominic Williams (DFINITY), and Lily Liu (Solana Foundation).
  • Corporate Innovation Day: A summit focusing on blockchain’s transformative effects on finance, impact, and consumer engagement, held at Decentral House in Geneva.

Looking Ahead:

The success of the third edition of  the Swiss WEB3FEST sets the stage for future editions around the globe. We are excited to announce the UAE WEB3FEST, scheduled for October 2024, and the second Swiss WEB3FEST Winter Edition in January 2025. The upcoming events will continue to drive innovation, collaboration, and growth in the global WEB3 ecosystem, while demonstrating their impact and contribution to attendees

Join the next editions and contribute to reshape the future of WEB3

Whether you are a tech veteran or a curious newcomer, there is something for everyone at the WEB3FEST.

For more information on tickets, participation, or sponsorship opportunities, please visit www.web3fest.ch

Some example material from our event-series, reach out to us if you have specific needs.

About WEB3FEST

WEB3FEST is a biannual series of events designed to showcase the core themes of WEB3, shaping the future of the internet’s next generation. It covers a comprehensive range of topics such as AI, blockchain, digital assets, cryptocurrencies, gaming, sustainability, IoT, metaverse, NFTs, and more. The festival offers a platform to foster innovation, advance networking, and engage with the latest technological advancements, making it a must-attend event in the global tech calendar.

About Crypto Valley

Located in Switzerland and Liechtenstein, Crypto Valley is one of the world’s leading ecosystems for blockchain and cryptographic technologies. It is a thriving hub of innovation and collaboration, attracting entrepreneurs, tech enthusiasts, and global leaders looking to reshape industries and revolutionize business practices.

About Crypto Oasis

The Crypto Oasis is the largest WEB3 ecosystem in the world focused on the Middle East and Africa region and is supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 2,040 blockchain-related organisations in the UAE alone.

Swiss NFT Association

The Swiss NFT Association is the go-to educational hub for NFT expertise and thought leadership. The Association serves as a knowledge space; it is the primary resource for all matters concerning NFTs, actively curating quality content and building a thriving community.

Contact:
Inacta Ventures Press Office
Pascal Arnold
pascal.arnold@inacta.ch 

Node Sale KYC Solidifies Blockpass’ Tagline as The Safe Network for Crypto(TM)

Blockpass is excited to reveal a brand new solution that is being offered to Web3 companies who are utilizing the potential offered by node sales. Running a node sale is an increasingly popular method for developing modular blockchains and Blockpass is now providing an extensive KYC solution customized to meet the specific demands required by node sales.

Blockpass, the Safe Network for Crypto™, has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network. More information about Blockpass’ Node Sale KYC solution is available at https://www.blockpass.org/node-sale-kyc/.

Node sales involve issuers pre-selling license keys to the community and investor base, usually in the form of an NFT. After the sale is complete, users have to undergo a KYC/KYB process to have the NFT issued to their wallet as a license key which then allows the node operator to start validating transactions and receiving mining rewards. Now with this comprehensive KYC solution, specifically designed for node sales, Blockpass simplifies the compliance process involved in this, ensuring that all participants are verified and meet the necessary regulatory requirements with ease and efficiency. Compliance requirements vary based on the issuer’s jurisdiction and Blockpass is ideally placed to navigate these with years of compliance experience and consistent monitoring of regulatory updates. Some projects may have separate workflows for individuals or companies from high-risk jurisdictions to assess the source of funds, source of wealth, or other Enhanced Due Diligence methods. Blockpass is perfectly situated to cater for these aspects of node sales without issue.

“Crypto and blockchain continue to develop and at Blockpass we make sure to be ahead of the curve when it comes to both ecosystem changes and government-enforced regulations,” said Adam Vaziri, Blockpass CEO. “Methods of funding development are crucial for the brilliant minds who continue to innovate in this space and we’re here to make sure that they can do so in a legitimate, safe and efficient manner.”

Blockpass has already begun providing this exciting new service to businesses at the cutting edge of blockchain development. By integrating this new solution crypto companies are able to avoid falling foul of compliance guidelines and bad actors, and the ecosystem can expand free from the risk of fraud. You can find out more about Node Sale KYC at https://www.blockpass.org/node-sale-kyc/.

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot™ for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC™ to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass – The Safe Network for Crypto™ – for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

Saakuru and Blockpass Partner for Compliance in the Best Economic Opportunities Web3 Offers

Blockpass and Saakuru are excited to reveal their new partnership, which sees the two-layer Web3 solution benefit from Blockpass’ proprietary verification services, allowing Saakuru’s users to engage with its revolutionary, frictionless blockchain and developer suite in a safe, regulated manner.

Saakuru is a consumer-centric layer-2 protocol with zero transaction fees, powered by $SKR. The platform is enhanced with the Saakuru Developer Suite which enables apps to be embedding Web3 solutions in as little as a single day. These innovative developments enable users to benefit from all the benefits of Web3 without the transaction fees and UX limitations that typically plague an ecosystem. With public-permissioned gas-less L2 blockchain boasting no transaction fees, and a comprehensive developer suite that includes token contract tools and embedded wallets, Saakuru facilitates a seamless and cost-effective transition from Web2 for developers and newcomers alike.

Blockpass, known as “Web3’s OG Identity Verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

“As the cryptocurrency landscape becomes increasingly regulated, leveraging Blockpass’ verification solutions is crucial for maintaining compliance and ensuring the integrity of our platform. Utilizing Blockpass for developer verification within the Saakuru Protocol is essential not only for securing our ecosystem but also for maintaining transparency. This partnership underscores our commitment to building a reliable and government-friendly platform by adhering to necessary regulations and minimizing the risk of scams in public permissionless blockchains. Soon, the Blockpass solution will be integrated into Saakuru’s self-service portal, ensuring that each company and developer is thoroughly reviewed before they are allowed to launch products on our platform.” said Jack Vinijtrongjit, CEO of Saakuru Labs.

“Saakuru are tackling some of the key issues with the world’s transition to Web3 and we’re delighted to be able to provide our regulatory services to ensure both Saakuru and its users are protected by comprehensive, seamless and fast verification.” said Adam Vaziri, Blockpass CEO. “Saakuru understands the importance of compliance and the central truth that verifiable identities are the core to enabling a future where everyone can interact and exchange in a trusted environment.”

Through this integration, people looking to engage with the economic opportunities that crypto, blockchain and Web3 bring can do so in a manner that is not only safe from malicious actors, but faster, simpler and more user-friendly than other solutions may provide, ensuring that the widest audience can benefit from the potential it brings.

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC BotTM for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYCTM to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

About Saakuru
Saakuru is a consumer-centric L2 Protocol with Zero Transaction Fees enhanced with Saakuru Developer Suite that enables embedding complex digital products to Web3 in 1 day. The powerful and developer-friendly product suite centered around the Saakuru blockchain allows cost-efficient and seamless connectivity from Web2 to Web3.

Saakuru’s ultra-fast block time allows developers to seamlessly run on-chain applications, like MMORPG games, delivering an authentic multiplayer experience. Furthermore, it enhances the user experience by entirely removing gas fees, making it especially user-friendly for those new to Web3.

Learn more about Saakuru Protocol & Token here:
Website: https://saakuru.com
Litepaper: https://source.saakuru.com
Twitter: https://twitter.com/saakuru_labs
Explorer: https://explorer.saakuru.network
Telegram: https://t.me/aagventures

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair.

With AI at its core, PredicXion is not merely a platform; it’s a comprehensive ecosystem designed to cater to the future of finance. It uniquely combines a prediction market, lending and borrowing services, and a crypto exchange, making financial engagement more accessible, engaging, and rewarding.

By leveraging AI, PredicXion not only stays at the forefront of trending topics but also ensures the prediction market is constantly refreshed with relevant and engaging content. This approach not only showcases the potential for innovation but also addresses the critical need for evolution in an industry that has seen minimal change over the years.

“Traditional exchanges have long complicated the entry for many into the crypto world. PredicXion breaks down these barriers, offering a fresh, intelligible avenue into prediction markets,” says Andy Cheung, a former senior executive at OKX and a key figure behind the initiative.

While the platform is already under development and sets to launch this year, the team aims to complete more fundraising rounds by Q3 to fuel expansion and development. PredicXion differentiates itself by not only offering a space for users to engage in traditional and community-initiated predictions but also by providing lucrative opportunities for investors to become liquidity providers (LPs) in the lending sector.

“This model ensures a win-win scenario, where investors not only support the platform’s growth but also benefit from its success. Margin calls and liquidated assets, in part, will be reinvested in promising projects, creating a cycle of growth and innovation,” Cheung adds.

As PredicXion gears up for its launch in 2024, the team’s collective experience and strategic timing are set to make a significant impact on the crypto and financial prediction markets. PredicXion invites the community and investors to join in shaping the future of finance, starting now, in this unparalleled market boom.

Website: https://predicxion.io/ 

World Blockchain Summit (WBS) presented by SUN Minimeal returns to Dubai for the 29th edition

#WBSDubai, one of the world’s longest-running blockchain events, is back! Taking place on 22nd-23rd April, this eagerly awaited summit, co-hosted by SUN Minimeal and manufactured by SUN AG. Beyond being at the forefront of nutritional innovation, SUN Minimeal is breaking new ground in the blockchain sector by integrating the SUN Rewards program and SUN Minimeal Coins ($UN) into their operations. This initiative represents a significant leap forward in how blockchain technology can be applied to everyday health and lifestyle products, promoting sustainability, health, and affordability.

As the blockchain community continues to grow and evolve, the collaboration with SUN Minimeal underscores a shared commitment to innovation, sustainability, and health. With its association with one of the longest-running blockchain events, World Blockchain Summit, Sun AG exhibits its commitment to the growth and rapid adoption of innovative blockchain solutions.

“The collaboration with SUN Minimeal exemplifies our dedication to showcasing blockchain innovations that have real-world impact,” remarked Sharath Kumar, Business Director at Trescon. He further added, “In an era where blockchain technology is reshaping industries, the integration of blockchain with sustainable lifestyle solutions like SUN Minimeal is a testament to the transformative power of blockchain innovation.”

SUN Minimeal’s blockchain-based solutions extend beyond traditional dietary offerings. Their SUN Rewards program leverages blockchain technology to incentivize lifestyle changes among users, offering a digital rewards program that actively rewards users for their commitment to a healthier lifestyle.

Wolfgang Grabher, CEO and founder of SUN AG, shared his enthusiasm for the collaboration, stating, “We are excited to showcase SUN Minimeal and its innovative Rewards Programme at the World Blockchain Summit Dubai 2024, providing insight into the successful SUN use case of generating more than 100 million US$ in revenue in the food sector in its first year, using innovative blockchain technology.” He further added, “Our mission is to reduce the resources for nutrition by more than 90% and reverse the problem of high food prices through inflation. We see WBS as an excellent platform to connect SUN with the world of Blockchain.”

WBS Dubai serves as a critical platform for dialogues on the future of blockchain technology, offering unparalleled opportunities for networking, collaboration, and insight exchange among the brightest minds in the sector. The summit will feature keynote speeches, panel discussions, and workshops led by esteemed experts, alongside an exhibition showcasing the latest advancements in blockchain applications.

Seize the opportunity to immerse in technological innovation at #WBSDubai, where seminal ideas and transformative solutions converge. Engage with leading scholars, visionary entrepreneurs, and industry luminaries shaping the future of blockchain. The summit promises the latest paradigms and advancements, fertile ground for capital ventures, sage advice, and unparalleled networking opportunities.

Key topics of discussions include:

Crypto Market Volatility: Bear Market vs. Bull Market TrendsDecrypting the Regulatory Landscape of Virtual AssetsDeFi Today: From Hype to RealityMaximising ESG Impact with BlockchainEmpowering Communities: Web3’s Role in Fostering Inclusive ParticipationTokenisation of Real-World Assets: The Future of FinanceNFTs Beyond Collectibles: The Renaissance of Digital Assets

Secure your registration for the World Blockchain Summit Dubai promptly. A limited number of discounted tickets are available, urging swift action to ensure your attendance at this intellectually stimulating event. 

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS), a part of Trescon, one of the world’s fastest-growing organizers of emerging tech B2B events, demand gen services and more, is a Web3 focused events organizer. The management team has over 20 years of experience organizing successful conferences, expos, and summits. WBS works with Web3 industry leaders and innovators as advisors to ensure alignment with current market trends and needs.

To book your tickets, visit: https://tinyurl.com/3xads986 

For further inquiries, please contact:
Shadi DawiDirector
Public Relations & Partnerships – MENA
Tresconshadi@tresconglobal.com
+971 55 498 4989

Animoca Brands and Blockpass forge strategic partnership for a secure and regulatory compliant Web3

Blockpass, the leading provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, the company advancing digital property rights for gaming and the open metaverse and a long-standing Blockpass customer, today announced a strategic partnership to build a safer and more compliant Web3 environment.

This collaboration will leverage Blockpass’ industry-leading KYC/AML SaaS to provide Animoca Brands and select portfolio companies with seamless and cost-effective solutions for user verification. This will ensure stronger regulatory compliance while fostering a safer, user-friendly experience within the burgeoning Web3 and metaverse landscapes.

Through this strategic partnership, Blockpass and Animoca Brands aim to:

– Enhance user safety and security:
— In an era of AI deepfakes and rampant identity fraud, Blockpass’s identity verification solutions play a crucial role in mitigating fraud risks and safeguarding users within the Animoca Brands ecosystem.

– Achieve compliance amid growing crypto regulations:
— In the evolving landscape of crypto regulations, adhering to KYC and AML requirements is essential. Animoca Brands and its participating portfolio companies will be able to operate with greater confidence knowing they are in compliance.

– Streamline user onboarding with reusable identity:
— Blockpass offers a user-friendly verification process that ensures smooth and efficient onboarding. Users can create, store, and manage a secure digital identity, simplifying access to Web3 services and other sectors that are subject to regulation.

Blockpass, renowned as “Web3’s OG identity verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 400 investments in Web3 projects, and with the mission to advance digital property rights and contribute to building the open metaverse. The company and its various subsidiaries develop and publish blockchain games, traditional games, and other products, many of which are based on popular global brands including The Walking Dead, Power Rangers, MotoGP™, and Formula E.

Yat Siu, co-founder and executive chairman of Animoca Brands, said: “One of Animoca Brands’ core philosophies has always been to support and empower mission-aligned builders who believe in the vision of Web3 and the open metaverse to usher in digital property rights for all. We work with Blockpass not only for the breadth of its offerings, but also because Adam and his colleagues are highly committed to the vision of data sovereignty and true digital ownership. This strategic partnership will enable Blockpass to tap into the potential of Animoca Brands’ ecosystem while enhancing our user verification process.”

“Animoca Brands has been an important customer of Blockpass since 2021 and we’re excited to further our relationship,” said Adam Vaziri, CEO of Blockpass. “This collaboration marks a significant step forward in establishing trust and regulatory compliance in the metaverse. By working together, we can create a safer and more accessible Web3 experience for everyone.”

This partnership marks a significant milestone in the evolution of Web3 and the open metaverse. By prioritizing user safety, regulatory compliance, and user experience, Blockpass and Animoca Brands are paving the way for a more secure and inclusive future for the decentralized world.

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot(TM) for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC(TM) to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team via the following:
Website: https://www.blockpass.org
Email: sales@blockpass.org

About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, Be., PIXELYNX, WePlay Media, Gryfyn, and Azarus. Animoca Brands is one of the most active investors in Web3, with a  portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more. For more information visit www.animocabrands.com or follow on X (Twitter), YouTube, Instagram, LinkedIn, Facebook, and TikTok.

Contact: press@animocabrands.com