Category: Technology

Graid Technology Announces Massive Performance Increase with New SupremeRAID Software Release

  • New release will drive up to 4X-9X increase in sequential write performance for customers protecting their data with SupremeRAID(TM), allowing users in AI/ML, video processing, and similar workloads to write data to NVMe drives at record speeds

Graid Technology, the award-winning data protection provider and developer of the only RAID card to offer customers access to the full performance of NVMe SSDs, is proud to announce a new software release for the SupremeRAID SR-1000 and SR-1010 offerings. This release, available in summer 2023, will drive even higher performance and lower CPU utilization than prior releases of SupremeRAID.

Graid Technology Announces New SupremeRAID Software Release

With traditional methods of data protection, users can expect sequential write performance of between 2GBps and 4GBps as I/O bottlenecks will prohibit full access to NVMe drive performance. Utilizing SupremeRAID with Graid Technology’s patent-pending out-of-path data flow and new groundbreaking Intelligent Parity data reduction technology, users can expect speeds of greater than 90GBps[1] for RAID5 sequential writes as all I/O bottlenecks are removed, allowing users to exploit the full performance of NVMe SSDs.

“This new enhancement offered by Graid Technology will give users of SupremeRAID a clear competitive advantage in the marketplace. The ability to write unstructured data sets to high-speed NVMe drives at such an accelerated rate will save our customers tremendous amounts of time and drive a lower TCO on their infrastructure purchases,” said Leander Yu, President and CEO of Graid Technology. “Since our first product release in 2021, we have continually improved the performance of SupremeRAID with software updates for our existing customers. This clearly demonstrates the powerful capabilities of our technology; we can’t wait to see how much further we can push it.”

The enhanced release of SupremeRAID elevates the product that Graid Technology brings to the global enterprise market. It will be available to all Graid Technology customers, regardless of channel, as a free upgrade upon general release. As Graid Technology continues to expand its OEM, distribution, and integration partnerships, it will continue to work with customers and partners to explore options for additional functionality in future product and software enhancements.

For media and sales inquiries, find SupremeRAID featured across the showroom floor at CloudFest 2023 March 21-23 in Germany. Visit our event page to book a meeting at our booth or any of our multiple partner booths. To learn more about groundbreaking SupremeRAID NVMe capabilities for high performance computing, you can also visit graidtech.com.

[1] Based on Linux RAID5 with Intel Xeon Gold 6338 CPU, 32 core with 2.0 GHz x 2, 20 Phison EPW5970 NVMe drives.

About Graid Technology
SupremeRAID is the world’s first NVMe and NVMeoF RAID card to unlock the full potential of enterprise SSD performance. Led by experts in the industry, Graid Technology is redefining next-generation RAID: a single SupremeRAID card delivers 19M IOPS and 110GB/s of throughput. Connect with us: Twitter or LinkedIn.

Contact Information
Andrea Eaken
Graid Technology Director of Marketing & Media Relations
andrea.eaken@graidtech.com

Related Files
https://cdn.newswire.com/files/x/6c/c5/256d51c000ba618936365f7150af.pdf

SOURCE: Graid Technology

Verofax to raise US$750,000 on Beban Crowdfunding Platform

  • Offering GCC retail investors interactive access to private equity investment opportunities

Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region’s largest video-on-demand platform.

Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for immersive experiences & engagements.
One of the four Professional Investors to be pitched during episode 9, Khalid Almahfouz was clearly impressed with the Verofax story, encouraging them. “I can tell that we will celebrate Verofax as a Unicorn one day.”
Beban Crowdfunding platform, for entrepreneurs to pitch retail investors. Wassim Merheby, Verofax CEO & entrepreneur, addressing Crowdfunding investors across the GCC, “We would like to become a leading tech company that started in the Middle East.”
Verofax, winning award for ground-breaking Artificial Intelligence at LEAP Saudi Arabia (Feb 2023), announced setting-up in Ryadh, key 2023 growth market, with Saudi (MCIT) Tech Champions, a soft-landing accelerator powered by Plug and Play.

Beban is the world’s first TV show to provide an interactive crowdfunding element – Beban Crowdfunding, a secure platform licensed and regulated by the Central Bank of Bahrain which offers retail and accredited investors a unique interactive access to private equity investment opportunities, such as Verofax.

GCC investors can participate in Verofax’ US$750,000 fundraising round through the Beban Crowdfunding platform, with investments beginning as reasonably as $100. The new investors will be joining leading VC investors including 500 Startups, Dubai Angel Investors, Dubai Silicon Oasis, Benson Oak Ventures, Privity FZ LLE and Wami Capital.

An alumnus of government-sponsored programs MBRIF (Mohammed Bin Rashid Innovation Fund & Accelerator) and Hub71, the UAE-based Verofax is a growth-stage startup serving a diverse clientele including Fortune 100 brands and sustainable enterprise through operations in Europe, North America, Asia, Africa and the Middle East.

Verofax recently won the award for ground-breaking use of Artificial Intelligence at LEAP Saudi Arabia (Feb, 2023), and announced the setting-up of operations in Ryadh, a key growth market for 2023, with the Saudi Ministry of Communications and Information Technology (MCIT) Tech Champions, a soft-landing accelerator powered by Plug and Play.

Wassim Merheby, CEO of Verofax, said “Participating in the Beban program provided us with a platform to showcase our technology, and through the Beban Crowdfunding Platform, to offer retail investors an opportunity to invest in our solutions which disrupt online marketing, and deliver unmatched results to customers and amazing experiences to end consumers.

“Investors in Verofax will benefit from the potential disruption to online marketing, and turning the products into a brand’s best marketing channel. At Verofax, our aim is to empower brands to connect with their customers in new and innovative ways,” said Merheby.

Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF representative, said: “We are thrilled to see such progress at Verofax, a company that we have proudly supported throughout its growth journey. Moreover, it’s exciting to offer retail investors the chance to share in the growth of a dynamic company, transforming the online marketing industry through its innovative solutions.

“MBRIF is committed to accelerating innovation by providing startups with the necessary resources to achieve the goals of expansion and growth. Through our Accelerator program, we offer tailored support, paving the way for these companies to succeed. Our role in Verofax’ journey is testament to our unwavering support of innovative and ambitious companies as they strive to impact the community. We look forward to continuing our support,” said Ms Al Naqbi.

Verofax has developed a proprietary, patented AI-powered product winning service that provides enterprises with increased supply chain transparency, reduced operational cost, and enhanced customer engagement. By leveraging Verofax’ award-winning, scalable technology with low-cost rapid deployment, businesses can begin to accrue benefits immediately with:

* MarTech solutions: Turning every product into an interactive direct communication channel to consumers, allowing brands to acquire and retain customers by providing relevant and personalized recommendations. By simply scanning unique identities on primary packaging, brands can convert the 60% of consumers that decide on a purchase in multi-branded stores while lowering acquisition costs by 20X vs. online marketing channels.

* Web3 rewards: helping brands to build lasting relationships with consumers and increase Customer Lifetime Values (CLTV) by adopting Web3 rewards such as brand NFTs that cost a fraction of loyalty programs.

* Retail and eCommerce virtualization: Delivering immersive and personalized shopping experiences with in-store Augmented Reality and 3D shopping experiences in e-commerce marketplaces, offering delight to 83% of consumers that expect an upgraded shopping experience vs. the current flick & click experience.

* Supply Chain transparency: providing brands with end-to-end inventory traceability to optimize availability and prevent price dilution. Counterfeiting and product diversion eats up to 30% of some industries, damaging brands’ reputations and posing severe threats to public health.

* Sustainable passporting: Helping brands become sustainable by measuring and certifying their products across complex multi-tiered supply chains and engaging directly with consumers for loyalty and advocacy.

Verofax’ solution is validated and available on partner platforms, including Oracle, Microsoft, Ant Group, Zebra, SAP and AWS. Discover the benefits of partnering with Verofax at www.verofax.com.

Investors interested in learning more about the fundraise and participating in Verofax’ journey through the Beban Crowdfunding platform should visit the Beban website at www.beban.me, and refer to the Verofax crowdfunding page at www.beban.me/campaign/verofax-.

Contact Verofax, and register for social updates:
Website: https://verofax.com/contact-us/
Instagram: https://www.instagram.com/verofaxltd/
YouTube: https://www.youtube.com/@verofaxlimited8482
Promo Video: https://youtu.be/tmekYUuRDjI
FaceBook: https://www.facebook.com/verofax
TikTok: https://www.tiktok.com/@verofaxlimited
Twitter: https://twitter.com/VEROFAXLTD
LinkedIn: https://www.linkedin.com/company/verofax-limited/

About Verofax
Verofax is the leader in product digitization, providing innovative solutions that empower brands, retailers, and governments to secure supply chains and transform customer engagement. Utilizing latest technologies such as blockchain and AI, Verofax offers a comprehensive suite of tools, immersive omni-channel consumer engagement and compliance validation. By leveraging the Verofax solution, brands can ensure supply chains are compliant and sustainable and customers are engaged through every step of the product lifecycle. Please visit www.verofax.com.

About MBRIF Accelerator
The MBRIF Innovation Accelerator program focuses on innovation and cooperation and provides world-class services and training to founders to accelerate their business, raise capabilities and expertise, boost standards, and create added value. Its objectives are in line with the Dubai National Innovation Strategy as it aims to help innovative companies realize their potential and contribute to shaping the future of the national economy. Visit www.mbrif.ae.

For additional information, visit:
CB Insights: https://www.cbinsights.com/company/verofax
CrunchBase: https://www.crunchbase.com/organization/dhonor
StartUp Buffer: https://startupbuffer.com/startup/verofax-limited

PT Resources Signs MoU for an International Supply Chain Intelligent Park that Integrates Digital Technology

  • Company teams up with Ocean Exchange to develop Malaysia East Coast International Supply Chain Intelligent Park and Digital Financial Comprehensive Platform Project

PT Resources Holdings Berhad, a processor and trader of frozen seafood products, and trader of other food products, is pleased to announce that the Company has signed a memorandum of understanding (MoU) with Ocean Exchange (Fujian) Foreign Trade Services Co. Ltd to establish cooperation between the two parties for the joint development of the Malaysia East Coast International Supply Chain Intelligent Park, which is inspired by the Marche International Cold Logistics and Cross-border E-commerce Project (Fuzhou Park) located in Fujian province, China.

MoU Signing Ceremony
YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib

The project, which facilitates bilateral trade between Malaysia and China through Fuzhou, China is estimated to be worth RMB1.562 billion (or approximately RM1 billion). The project involves the establishment of an International Supply Chain Intelligent Park in Kuantan, Pahang, which is intended to drive the development of food and light industries supply-chain between Malaysia and Fuzhou with the aim of rapidly achieving currency internationalisation between the two countries.

The International Supply Chain Intelligent Park will encompass amongst others, integrated cold chain facilities to facilitate cross-border supply of consumer food as well as establish a digital financial platform utilising the UnionPay network to streamline and facilitate effortless cross-border payments and settlements between the International Supply Chain Intelligent Park and Fuzhou Park. In addition, the project also aims to boost the trade between the Malaysian seafood wholesale market and China through digital transformation, whilst collaborations with cold chain logistics companies will be initiated to facilitate an integrated logistics supply chain.

The Managing Director of PT Resources, Mr. Heng Chang Hooi said, “This is an excellent opportunity for both countries to develop a logistics hub to support international trade between Malaysia and China. We expect the project to strengthen the supply chain between Malaysia and China as well as be beneficial to the end consumers.”

“In addition, we expect a growth in our overseas sales in view of the growing affluence in China which will contribute to an increase in demand for frozen seafood in China.”

Member of the Pahang State Executive Council, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib said, “We commend the governments of Malaysia and China for their foresight in ensuring that businesses in both countries run their operations seamlessly through the project. We believe these initiatives could attract both domestic and international investors and businesses. China remains as one of Malaysia’s top trading partners and it is vital to have a hub to facilitate international trades between both countries.”

The MoU was signed by PT Resources’ MD, Mr. Heng Chang Hooi and Ocean Exchange representative, Mr. Richard Gan Woei Jer. Witnessing the MoU signing were Fujian province’s Member of the Standing Committee, Fuzhou secretary Lin Baojin; Deputy Speaker of the Dewan Rakyat, YB Alice Lau Kiong Yien; Member of the Pahang State Executive Council, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib; Chinese Embassy Minister-Counselor, Lin Shiguang; and Fuzhou Deputy Mayor, Huang Jianxiong.

Image 1: MoU Signing Ceremony
[L-R]
Host:
1. Wu Yongzhong, Fuqing Mayor
Standing:
1. Huang Jianxiong, Fuzhou Deputy Mayor
2. Lin Baojin, Fujian province’s Member of the Standing Committee, Fuzhou secretary
3. YB Alice Lau Kiong Yien, Deputy Speaker of the Dewan Rakyat
4. Lin Shiguang, Chinese Embassy Minister-Counselor
5. YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib, Member of the Pahang State Executive Council
Seated:
1. Liangyong, Representative of Minqing County Government
2. Temenggong Datuk Vincent Lau Lee Ming, Representative of KTS Group
3. Heng Chang Hooi, Managing Director of PT Resources Holdings Berhad
4. Richard Gan Woei Jer, Representative of Ocean Exchange (Fujian) Foreign Trade Services Co. Ltd
( https://www.acnnewswire.com/topimg/Low_PTResources202302271.jpg )

Image 2: YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib
1. YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib, Member of the Pahang State Executive Council
( https://www.acnnewswire.com/topimg/Low_PTResources202302272.jpg )

PT Resources Holdings Bhd: 0260 [BURSA: PTRB], https://www.ptresourcesgroup.com.my/

Blockpass and Avalanche Secure Dapps, Enable Digitization of Assets

A new partnership, between digital identity verification provider Blockpass and Avalanche, a high-performance smart contracts platform, is revealed today as both companies seek to further the safety, security and capabilities of the blockchain ecosystem. As part of this partnership, Blockpass will be integrated with Avalanche for KYC and AML verification. Through this, Avalanche will also enjoy Blockpass’ new feature that allows users to certify their ownership of their digital wallets, providing a market suitable for Unhosted Wallets thanks to Blockpass’ Unhosted Wallet KYC.

Avalanche is a high-performance, scalable, customizable, and secure blockchain platform which enables the building of application-specific blockchains for both private and public blockchains. The Avalanche platform facilitates the creation and launching of highly scalable decentralized applications and complex digital assets with custom rules, covenants, and riders. With these smart assets and scalable Dapps, Avalanche provides a low-cost and eco-friendly platform for the creation, transfer, and trade of digital assets.

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

“Since the conception of Blockpass the digitization of assets has been one of our goals and we’re excited to be working together with Avalanche to further the development of blockchains, decentralized apps and smart assets,” said Blockpass CEO Adam Vaziri. “We started with the verification of human identity to enable both regulatory compliance and the provable ownership of digital assets; we’re pleased that we can work with Avalanche to expand this and to provide our Unhosted Wallet KYC solution.”

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

About Avalanche
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try Avalanche today.

Website: https://www.avax.network/
Whitepapers: https://www.avalabs.org/whitepapers
Twitter: https://twitter.com/avalancheavax
Discord: https://discord.com/invite/RwXY7P6
GitHub: https://github.com/ava-labs
Documentation: https://docs.avax.network/
Telegram: https://t.me/avalancheavax
Facebook: https://www.facebook.com/avalancheavax
LinkedIn: https://www.linkedin.com/company/avalancheavax
Reddit: https://www.reddit.com/r/avax
YouTube: https://www.youtube.com/c/Avalancheavax

About Ava Labs
Ava Labs is a team that makes it easy to launch decentralized finance (DeFi) applications on Avalanche, the fastest smart contract platform in the blockchain industry. Empowering people to easily and freely digitize all of the world’s assets on one open and programmable blockchain platform, Ava Labs was founded by computer scientists from Cornell University, who brought in talent from Wall Street. The company is funded by Andreessen Horowitz, Initialized Capital and Polychain Capital, with angel investment from Balaji Srinivasan and Naval Ravikant. https://www.avalabs.org/

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

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

The Blockpass App is available from the App Store and Google Play. For more information and updates, please visit http://www.blockpass.org or Email: sales@blockpass.org.

Verofax Wins Artificial Intelligence Award at LEAP23

Verofax, the leading MarTech solution for marketing and operational efficiencies, was crowned the winner of the Artificial Intelligence Award at the Rocket Fuel Startup Competition during the LEAP23 event in Riyadh (Feb 6-9). The award, powered by the Saudi Arabian National Technology Development Program and worth $150,000, recognizes Verofax’s disruptive approach to product digitization, utilizing cutting-edge artificial intelligence and computer vision to deliver unmatched marketing results.

LEAP23 Rocket Fuel Start-Up Competition Winners [Image: LEAP23]
Verofax, Winner of the LEAP23 Artificial Intelligence Award [Image: LEAP23]

An esteemed panel of judges, consisting of successful serial entrepreneurs, investors, and Dragons from BBC’s Dragons’ Den, including Ghazal Alagh, Karen Brady CBE, James Caan CBE, Steven Bartlett, and Tala Al Jabri, chose Verofax from among 90 semi-finalist global startups.

“We are thrilled to receive this recognition and grateful to our partners and customers who have helped us get to where we are today,” said Wassim Merheby, CEO of Verofax. “Our goal is to empower brands, retailers, and sustainability agencies with the tools they need to secure their supply chain, simplify compliance, and transform customer experience. With our innovative AI and blockchain solutions, we are leading the way in product digitization and helping to create a more sustainable future.”

Verofax has developed and patented an AI powered product winning service that provides enterprises with increased supply chain transparency, reduced operational costs, and enhanced customer engagement. By leveraging Verofax’s scalable blockchain technology with low-cost and rapid deployment, businesses can accrue immediate benefits, including:

  • MarTech solutions: Turning every product into an interactive direct communication channel to consumers, allowing brands to acquire and retain customers and provide relevant and personalized recommendations. By simply scanning unique identities on primary packaging, brands can convert the 60% of consumers that decide on purchase in multi-branded stores, all while lowering cost of acquisition by 20X vs online marketing channels.
  • Web3 rewards: Helping brands build lasting relationships with consumers and increase Customer lifetime values (CLTV) by adopting Web3 rewards such as brand NFTs that cost a fraction of loyalty programs.
  • Retail and eCommerce virtualization: Delivering immersive and personalized shopping experiences with Augmented reality in store and 3D shopping experience in ecommerce marketplaces, offering delight to 83% of consumers that expect an upgraded shopping experience vs current flick & click experience.
  • Supply chain transparency: Providing brands with end-to-end inventory traceability to optimize availability and prevent price dilution. Counterfeiting and product diversion eats up to 30% in some industries, damaging brands reputation and posing serious threats to public health.
  • Sustainable passporting: Helping brands turn sustainable by measuring and certifying their products across complex multi-tiered supply chain and engage directly with consumers for loyalty and advocacy.

Verofax is supported by leading government sponsored programs such the Hub71, the Mohammed Bin Rashid Innovation Fund and leading investors such as 500 Startups, Dubai Angel Investors, Dubai Silicon Oasis, Benson Oak Ventures, Privity FZ LLE and Wami Capital.

With offices in key regions such as Europe, Asia, the Middle East, Africa, and North America, UAE-based Verofax serves a diverse clientele, including Fortune 100 brands like Budweiser, Corona, and sustainable entities. Verofax has confirmed its strategy to set up offices in Saudi, a key growth market for 2023, via Plug and Play powered MCIT Tech Champions soft-landing incubator.

For more information about Verofax, please visit www.verofax.com.

About Verofax
Verofax is a worldwide leader in product digitization, providing innovative solutions that empower brands, retailers, and governments to secure supply chain and transform customer engagement. Utilizing the latest technologies such as blockchain and AI, Verofax offers a comprehensive suite of tools for immersive omni-channel consumer engagement and compliance validation. By leveraging Verofax solutions, brands can ensure that their supply chain is compliant, sustainable and that customers are engaged at every step of the product lifecycle. Discover the benefits of partnering with Verofax at www.verofax.com.

Blockpass Achieves UK Gov’s Cyber Essentials Plus Certification

Blockpass is pleased to announce that it has achieved the Cyber Essentials Plus certification, certified through Forensic Control, a London-based cyber security company. The certification is a UK government-backed scheme to ensure and show protection against cyber threats. This certification follows and builds on from the Cyber Essentials certification that Blockpass earned just over a year ago, further displaying its commitment and capabilities in the region of security.

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

“When providing compliance, it’s imperative that security be at the forefront of Blockpass’ concerns,” said Adam Vaziri, Blockpass CEO. “We want people to know that we’re working to the highest standards and we want them to feel secure in trusting Blockpass with their regulatory needs which are so important as regulators step up to protect the crypto space. Achieving the Cyber Essentials Plus certification is one of the ways we can prove our commitment to safety and security.”

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

About Blockpass
Blockpass is building trust in the Crypto Economy by providing…

  • A home for all your Crypto KYC needs – KYC & AML for DeFi, exchanges & blockchains, Travel Rule provision for regulated VASPs, and blockchain forensics.
  • A decentralized network of around one million crypto enthusiasts with portable KYC profiles and around one thousand business customers.
  • The fastest, most affordable, fully stacked KYC & AML screening in the Crypto sector.
  • Unhosted Wallet KYC(TM) – The only KYC & AML “Crypto Travel Rule” solution for unhosted wallets.

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

The Blockpass App is available from the App Store and Google Play.

For more information and updates, please visit and sign up to the following:
Unhosted Wallet KYC(TM) video: https://youtu.be/tat1zmkk_qY
Website: http://www.blockpass.org
Email: sales@blockpass.org

Former Singapore Parliamentarian’s Swiss Digital Assets Company Receives Regulatory Approval

Singapore investor and former parliamentarian Calvin Cheng‘s Swiss company, Damoon Technologies (‘Damoon’) has been granted membership in the Swiss VQF, joining the ranks of some of the world’s leading digital assets businesses.

The latest development officially opens the door for Damoon to establish a presence in Switzerland. Thedigital assets company is building a platform for users to engage in crypto- to-fiat payments and vice versa, as well as a digital assets custody service.

VQF is the largest and oldest cross-industry Self-Regulatory Organisation (SRO) in the country and is officially recognised by FINMA, Switzerland’s financial services watchdog.

Damoon must now comply with Swiss anti-money laundering (AML) regulations. Thanks to this, the company is in a unique position to work with demanding clients and offer them a place that provides efficiency, security and regulatory clarity.

Calvin Cheng commented, “I believe in the future of digital assets, but this has to be done in accordance with traditional finance’s compliance standards. Switzerland is the pre- eminent global financial hub, and is the ideal place to base crypto-fiat-crypto financial services, as well as a trusted custodian.”

Recently, Damoon has also joined the Crypto Valley Association in Zug. “Crypto Valley Association are excited to welcome Damoon Technology and Mr. Calvin Cheng as members,” said a spokesperson for the organization.

Currently, Damoon is in the process of building its compliance and operational team in Zurich and Zug, Switzerland. The company expects to start operations by the end of Q2 2023.

Earlier in 2022, Cheng’s Web3 Holdings FZE was awarded the coveted provisional Virtual Asset License by VARA in Dubai, United Arab Emirates. The license granted similarly promotes greater customer assurance and risk protection.

About Calvin Cheng

Calvin Cheng is currently the Chairman of Australia Stock Exchange (ASX) listed EdTech firm ReTechTechnology Co, which he led to an Initial Public Offering, together with leading investors from China.ReTech’s shareholders include several co-founders of Alibaba, as well as founders of other leading Chinese tech companies.

Cheng was a former appointed Member of Singapore’s Parliament and a Young Global Leader of the World Economic Forum. He is also the Republic of Serbia’s first Honorary Consul to the Republic of Singapore.

For media inquiries and interview requests, please contact:
Tang Hong Ee (Financial PR) (T) 6438-2990
(E) hongee@financialpr.com.sg

Rare Artworks by Picasso and UAE Royal Family Member to be Auctioned together for the First Time

The Rare Antiquities is revolutionising the way museums and galleries are presented in the web 3.0 space through their unique technology. By making high-value art available to everyone, regardless of the budget. It is the first platform to fractionalise a Banksy and distribute the fractionalised pieces as individual NFTs, customisable in size. They have live fractionalised auctions scheduled throughout 2023 for art and antiquities valued at over $1Bn.

To start off the year The Rare Antiquities will host one of their first auctions on the 12th of February 2023. The Red carpet event will take place in Sama L Ain Gallery in Dubai where three Picassos and one painting created by one of the members of the Ras Al Khaimah Royal Family will be auctioned for shared ownership. The main aim of the event is to allow the appreciation of art to rise through shared ownership by giving more people the opportunity to own a piece of it.

The painting that will be featured in the auction was created by Artist Noora Alredhwan, the Mother of Sheikh Humaid Bin Khalid Al Qasimi. It is dedicated to the 50 year anniversary of the UAE. During EXPO 2020 Dubai it was displayed in the UAE Pavilion for six months. Now, for the first time, it will be accessible for the public.

One of the paintings on auction features a lithography that Pablo Picasso created a few years after the end of the second world war, in 1949. Picasso was particularly passionate about this technique, where stone or metal are treated in a way so that it can be painted or printed on. Another one of the Picasso paintings was created in 1945, using the gouache technique with opaque watercolor, ink and wash on paper. One of Picasso’s later works, “Like an animal”, which was created in 1957 will also be part of the auction.

Ryan Howells, Founder of The Rare Antiquities, commented on the project and explains the motivation behind it: “The fractionalisaton of art represents a new paradigm fostering a new approach to the appreciation of art. Through this event we hope to bring together like minded people where they can enjoy what each art piece has to offer.”

One of the hosts of this special event is Sheikh Humaid Bin Khalid Al Qasimi. This auction is not just about the art, it’s about bringing to market a new way of sharing ownership of artwork that at any other time would be inaccessible to the majority of people.

“For us, art is an important channel to connect with society. It is about accessibility: One aspect of this initiative is that sharing our own artwork with the people brings us closer to the public. Another aspect is that technology enables shared ownership, which allows for more people to access this art,” said Sheikh Humaid Bin Khalid Al Qasimi.

Mohamed Al Banna, initiator and mentor of the the initiative said: “The collaboration with The Rare Antiquities follows our mission of building bridges: On the one hand we’re building a bridge between Royal families and the people through art, and on the other hand we create access to highly curated art, like the Picasso works, for a larger audience and not just a few privileged people.”

The Rare Antiquities brings museums and galleries to the Metaverse with Rare City which also hosts districts for education, charity, crowdfunding and more. AURA Skypool Lounge, the world’s highest 360 degree infinity pool, will now be made available to everyone through a digital space created in the Metaverse.

The move into the Metaverse for the destination is being curated by Rare City which is a part of The Rare Antiquities that leverages blockchain technology for the Rare City Metaverse. This is the first of many venues ‘The Rare City’ plans to bring into the Metaverse, allowing people to relive a memory, experience or a unique adventure from anywhere.

About The Rare Age

The Rare Age brings museums and galleries to web 3.0 through our one-of-kind technology making high valued art accessible to any individual regardless of budget. The first platform to automate fractionalisation of a Banksy and distribute fractions as individual, configurable in size, NFTs.

Live fractionalised auctions scheduled throughout 2023 for art and antiquities valued at over $1 billion. The Rare Age brings museums and galleries to the Metaverse with The Rare City which also hosts districts for education, charity, crowdfunding and more.

https://therareantiquities.com/

For more information contact:
Faisal Zaidi
Inacta Communications
faisal.zaidi@inacta.com
media@inacta.com
+971552000840

Pawswap: The Future of Decentralization on Shibarium

Have you heard of Pawswap? If you are a Shiba Inu hodler, you should be familiar with Pawswap, an upcoming decentralized exchange created to make crypto trading accessible to everyone. Pawswap is inspired by the Shiba Inu and is built on Shibarium, an upcoming Layer 2 blockchain, focused on increasing transaction speed and lowering costs to grow the Shiba Inu ecosystem. Are you prepared for the biggest game-changer yet? Pawswap is ready to change your cryptocurrency trading experience, so let’s get started right away!

What is Pawswap ($PAW)?

Pawswap’s innovative approach aims to encourage more people to venture into the world of crypto trading and make it easier for all traders. Pawswap aims to build a user-friendly platform that supports a diverse range of assets such as cryptocurrencies, stablecoins, NFTs, and more. Pawswap has the potential to provide users with a seamless trading experience and make cryptocurrency more accessible to everyone.

$PAW, a promising new asset, was officially launched on the ETH network but recently expanded its ambitions by deploying on both the BSC and Polygon networks. The innovative use of the same contract address across chains by $PAW makes it an appealing option for investors, as they can now easily track $PAW across multiple networks. This adaptation demonstrates PAW’s commitment to being an accessible and versatile option for all types of investors.

Pawswap offers a launchpad for aspiring developers to launch their projects, conduct KYC so users can make more informed decisions, and facilitate multichain trading with extremely fast transaction times. Plus, Pawswap complies with federal and regulatory laws, so you can be sure that all transactions are safe and secure. That’s not all: Pawswap also has a token-based governance system that enables the community to make autonomous decisions about plans for the future of both $PAW and the Pawswap platform.

Solid technology and strong communities

Pawswap’s alpha testing has gone as planned, with nodes being implemented so that full functionality is only a short distance away. With an eye toward the Shibarium launch, the $PAW team is commencing beta testing in a limited fashion. This will help prioritize the development timeline and receive feedback quickly to take care of any needed fixes. People using the BETA version of Pawswap can enjoy connecting to networks like ETH, Polygon, and BSC through the native token bridge, making cross-chain transactions a breeze.

By launching the native bridge onto Shibarium, users of the ETH, BSC, and Polygon networks now have access to Shibarium markets and liquidity pools. They can also easily transfer existing assets and trading capabilities. This is a huge step forward in blockchain interoperability, bringing Shibarium into contact with other chains worldwide. Plus, with the introduction of $PAW Tokenomics, Shibarium customers now have access to numerous incentives within the cross-chain liquidity pool ecosystem.

Shibarium – the multi chain network

Shibarium is finally ready to go live, and what better way to bring it into reality than with the launch of the Pawswap Multichain DEX? The Shibarium network has enabled this revolutionary piece of technology, which brings together multiple chains on one platform. To capitalize on the opportunity, the $PAW team have worked tirelessly to amplify their beta development prior to Shibarium’s release to ensure successful pre-launch testing.

Shibarium is on its way to becoming an incredibly powerful blockchain that expands and enriches the decentralized finance space. Shibarium has created a layer two architecture that enables scalability, innovative solutions, and next-level security. This layer two setup encourages collaborative progress with prompt and reliable operations throughout the system. Due to Shibarium’s efforts, users can utilize the ecosystem to its full potential. Shibarium’s layer 2 aims to set new standards for security, innovation, and scalability within DeFi circles and more widely across blockchain technology. Shibarium has unleashed a progressive and efficient network for individuals of all technological backgrounds, leading the way in advancing the cryptocurrency game as we know it today.

As of 2023, there were 420 million crypto users (https://triple-a.io/crypto-ownership-data/) worldwide. With Pawswap, you can join this exciting new ecosystem while trading your favorite digital asset–Shiba Inu! So, what are you waiting for? Get started today and see how Pawswap can improve your crypto trading experience.

For more information, visit:
https://pawecosystem.com
Medium – https://medium.com/@0xpawswap
Telegram – https://t.me/Paw_Community_Owned
Twitter – https://twitter.com/pawshibarium

Media contact:
Sean Thenards.
team@pawecosystem.com

BREATHE! Convention Announces Campaign Message to Counter Marketplace FUD: “The Web3 Revolution Is Just Starting”

BREATHE! Convention has recently announced its main campaign message for this year’s BREATHE! Convention: “The Web3 Revolution Is Just Starting.”

https://bit.ly/BreatheWeb3

This message reflects the rapidly growing interest in Web3 adoption, in addition to other new tech sectors including:
– Blockchain
– Cryptocurrency
– DeFi
– Metaverse
– NFTs

“We’re reaching a point where communities across the world are waiting for something new to happen in the Web3 space,” said Public Relations Director Brian Edmiston.

“What is crucial right now in this economic climate is for professionals to have a fully immersive mega-hub for networking, education, and showcasing this technology and how it affects not just business around the world, but our day-to-day lives. When we do that, the mass adoption of Web3 can finally take shape.”

BREATHE! recently released its Impact Video, detailing its campaign message, which is viewable directly on the BREATHE! Convention YouTube Channel.

With 2023 in full swing, the BREATHE! Convention has prioritized its efforts in securing and finalizing its growing line-up of expert industry experts from across the globe. These professionals were selected based on their talents and passion in sharing usable actions and best business practices throughout the Web3 space to educate both experienced Web3 followers and newcomers to the space.

The BREATHE! Convention speaker agenda includes such experts as:
– Majid Zafer, Co-founder of DCRBN
– Juliana Echavarria, Founder & President of Blockchain FIU
– Maryanne Chisholm, Artist & Community Builder of Cafe Muse
– Ashton Addison, CEO of Crypto Coin Show
– Aaron Vick, Web3 Evangelist

BREATHE! is set to showcase the latest Web3 and new tech advancements directly in one of the main exhibition halls of the Las Vegas Convention Center, one of the busiest destinations for exhibitions in North America.

BREATHE! has already secured multiple new tech giants for participation as sponsors with the convention, including Metakeep, a fully compliant multi-patented non-custody wallet protocol and smart contract infrastructure, and NFT Tix, a pioneering blockchain ticketing marketplace.

When asked about his thoughts on the current state of new technology sectors like Blockchain, BREATHE! Advisory Board Member Rory Kelly, Owner of Bithome LLC, had this to say:

“Look at what the dotcom bomb gave us. It gave us some of the greatest tech giants right now, Apple for example. There is so much innovation within blockchain and there are a lot of things that people don’t know about or hear about that blockchain is being used for or considered for…”

“Honestly, the world currency is going to come from a cryptocurrency that is run on the blockchain. That’s a fact… There are just so many ideas and so many things out there that people don’t know. I’d love this event to become the place where innovators tell us about their new products, educators tell us about the blockchain, when did it start, what’s its future. I love everything about it.”

BREATHE! Convention has also released its 2023 Roadmap to provide the path that BREATHE! intends to pave for participants, attendees, and followers of this experienced-based Web3 convention.

A full view of the roadmap is available directly on the website at: https://breatheconvention.com/roadmap/

A previous version of this press release was made available on the BREATHE! Convention website on January 25, 2023.

About BREATHE!

Taking place on May 3-5, 2023 at the Las Vegas Convention Center, BREATHE! Convention is connecting the Web3 universe that brings the power and utility of Web3 technology to life at this experience-based event.

Visit www.breatheconvention.com to secure your ticket to attend and inquire for exhibiting and sponsoring opportunities. BREATHE! is active on social media, providing the latest news and updates to the event.

Produced by 5AM Global

Press Contact:
Brian Edmiston
833-931-3128 Ext. 710
Press@5AMGlobal.com