Tag Archives: BLN

PR Newswire

Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021

Leave a comment

November 17th to 19th 2020, speakers and participants will assess the economic and technological rollercoaster of the year 2020,and will discuss whether DeFi will change the game for fintech.

HONG KONG, Oct. 20, 2020 — During a week-long virtual event, speakers from institutions, businesses, regulatory bodies, innovative companies will evaluate the outcomes of 2020 for blockchain, technology and economy, and deliver valuable predictions about what will be trending in the nearest future. 

Hong Kong Blockchain Week 2020/Block O2O Global Virtual Summit 18 Nov
Hong Kong Blockchain Week 2020/Block O2O Global Virtual Summit 18 Nov

Hosted by The NexChange Group, Hong Kong Blockchain Week is co-organised by Hong Kong Cyberport, the main regional technology hub driving the innovation force and nurturing a growing digital community in Hong Kong.

"Blockchain technology has become more widely adopted and increasingly pivotal in various areas of application, such as the financial services industry. The recent Digital Currency Electronic Payment (DCEP) initiative by the People’s Bank of China has put Blockchain and Crypto back on the radar screen. Home to the largest FinTech community in Hong Kong with well over 300 FinTech start-ups and companies in the community, Cyberport is pleased to be powering Hong Kong Blockchain Week to examine the latest developments of blockchain and showcase Hong Kong’s capabilities in this area. Our goal is to draw blockchain talents together to exchange ideas, to co-create business opportunities as well as to lead the city in embracing blockchain," said Peter Yan, Chief Executive Officer of Cyberport.

Attendees will follow the experts’ discussions on such hot topics shaping the global agenda such as fintech, investment, and digital assets. Here, Dan Morehead, CEO of Pantera Capital, notes: "Digital assets have out-performed nearly all other asset classes year-to-date as unprecedented monetary and fiscal stimulus drive up the prices of things whose quantity cannot be eased. We strongly believe we are in the early stages of a large bull market fueled by both a powerful global macro tide and growing fundamentals in the underlying technology."

Quickly gaining traction, DeFi has become the center of attention throughout most of 2020. Decentralised Finance has undoubtedly disrupted the whole ecosystem of DLT-based financial services. From Yield Farming in trading, to DAOs and stablecoins, to NFTs (non fungible tokens) in asset tokenization and gamification, DeFi has shown interesting endless possibilities and applications which made it one of the hottest trends of the year. 

"With decentralization at its core the blockchain space was built for unprecedented times like these," said Justin Sun, Founder of TRON and CEO of BitTorrent. "The Crypto community has succeeded in rapidly pivoting to a virtual approach to conferences making it accessible to an even wider audience. I was looking forward to attending this year’s Hong Kong Blockchain Week, and hope to see you all there."

After the core event which is the Block O2O Global Virtual Summit set for November 18th, organizers prepared a DeFi special: a whole DeFi Day will be held on November 19th, featuring virtual discussions, workshops and livestreams. 

Yat Siu, Co-founder and Chairman, Animoca Brands, Founder and CEO, Outblaze: "As the COVID-19 pandemic continues worldwide, Hong Kong Blockchain Week 2020 will allow global blockchain leaders and investors to safely discuss the latest developments, opportunities and solutions in today’s most exciting field of technology. We are especially looking forward to the evolving discussions about the many benefits of non-fungible tokens for the general public."

As one of the most anticipated events for blockchain and fintech, Hong Kong Blockchain Week 2020 enjoys a rich agenda of associated events, including an online ceremony of the world’s first international TADS Awards 2020 on November 18th, celebrating the Tokenized Assets and Digital Securities industries by recognizing and honouring significant contributions worldwide.

About NexChange: NexChange Group is a venture innovation and media platform specializing in Blockchain, FinTech, HealthTech, AI, and Smart Cities. By creating a global O2O community, NexChange creates, markets, accelerates and provides access to innovative products.

For more information on the speakers, agenda, side events and partnerships, please visit https://www.hkblockchainweek.net/ or contact: info@nexchange.com 

"PR Newswire is the ‘Official Press Release Distribution Partner" of Block O2O Virtual Global Summit 2020 and Official Hong Kong Blockchain Week 2020"

PR Newswire

Future FinTech Appointed Weicheng Pan as Chief Strategy Officer

Leave a comment

BEIJING, Oct. 1, 2020 — Future FinTech Group Inc. (NASDAQ: FTFT) (hereinafter referred to as "Future Fintech", "FTFT" or "Company" ) a leading blockchain e-commerce company and a service provider for financial technology, today announced it has appointed Mr. Weicheng Pan as Chief Strategy Officer of the Company. Mr. Pan will be responsible for the Company’s strategic planning, international M&A, investment and financing activities, and will support the management team to promote the Company’s global development strategy.

Mr. Weicheng Pan is an angel fund investor in China and a trainer for Chinese enterprises. Since November 2019, Mr. Pan has served as dean of Guangdong Jewish Mindset Business School and president of Malaysia Chengji Business School. From January 2016 to October 2019, Mr. Pan served as chairman of Chengji Group, a company incorporated in China.

Mr. Pan has conducted over 100 lectures in Malaysia and Singapore with over 10,000 students attendance with the "Jewish business thinking" as its main lecturing topic. In September 2019, Mr. Pan was awarded the Asia-Pacific Education Lifetime Achievement Prize. From April 2014 to December 2015, Mr. Pan served as an investment banking adviser of Huatai Securities and he assisted several Chinese companies listed on the ChiNext and NEEQ in China. Currently Mr. Pan serves as an independent director of the Board of TD Holdings, Inc. (NASDAQ: GLG)

In July 1999, Mr. Pan graduated from Wuhan University of Science and Technology with a Bachelor degree in Business Administration.

"Mr. Pan is a leader with innovative ideas and forward thinking. He has more than 20 years of experience in corporate strategic planning, M&A, financing and investment strategies, and has extensive expertise in negotiating and executing complex transactions. "Future FinTech CEO, Mr. Shanchun Huang, said, " Mr. Pan will greatly enhance the strength of FTFT management team and guide FTFT to a new growth stage. He has the business acumen to evaluate investment opportunities and has many successful M&A experience. We are very happy to have Mr. Pan as our chief strategy officer and join the Company’s management team which will benefit the Company and its shareholders."

Mr. Weicheng Pan said: "I am very happy to join a dynamic team such as FTFT. I am believe that with my years of experience and channels in global business, I could help the Company making the right decisions and providing new solutions to assist FTFT’s business transformation into challenger banking and online payment fields. I look forward to working with the FTFT team to implement our growth strategy in these new fields."

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based e-Commerce technology as well as financial technology. For more information, please visit http://www.ftftex.com/.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

 

 

 

PR Newswire

OKEx Is First Exchange to Offer a Full Suite of Trading Products for Uniswap’s UNI

Leave a comment

VALLETTA, Malta, Sept. 18, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has announced the listing of UNI, the governance token of popular DeFi protocol Uniswap. Not only has OKEx added support for spot trading of UNI, but it is also providing its users with the most comprehensive range of trading products for this hot DeFi token, including margin, swap trading, coin-margined perpetual swap and Savings, making OKEx the first exchange to offer UNI derivatives. 

Deposits of UNI went live at 2:00 am UTC on Sept. 17, and withdrawals were available beginning at 8:30 am UTC on Sept. 17. UNI spot trading against USDT began at 2:30 am UTC on Sept. 17, while trading pairs against ETH and BTC were made available at 3:30 am UTC on Sept. 17. 

The coin-margined perpetual swap for UNI was listed at 11:00 am UTC on Sept. 17, 2020. In order to avoid unreasonable charges when the new contract launches and the premium is unstable, the upper limit of the funding rate before 8:00 am UTC on Sept. 18 has been reduced to 0.03%.

To celebrate the listing of UNI, and being the first exchange in the world to offer UNI derivatives, OKEx will offer zero transaction fees in UNIUSD perpetual trading, for both the taker and maker. 

"We are very pleased to be one of the earliest exchanges to list UNI, and the first to provide a complete set of trading tools including margin, swaps and savings for it. As one of the largest decentralized exchanges today, Uniswap has made outstanding contributions to the current development of DeFi, which we very much appreciate," commented OKEx CEO Jay Hao, adding: 

"We continue to collaborate with participants in the DeFi space to grow this industry together. CEX or DEX, CeFi or DeFi is not a simple single-choice question. The goal of blockchain and DeFi has never been to replace CeFi, but to use its own characteristics of trustlessness, low friction and low costs to make up for the deficiencies of the existing financial system."

As a decentralized exchange in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client, to a certain extent, Uniswap has marked the starting point of a recent DeFi trend. Uniswap is a 100% on-chain market maker allowing the swapping of ERC-20 tokens, as well as ETH to ERC-20 and vice-versa. Today, Uniswap is not just a DEX, but a platform where emerging DeFi projects can often earn their initial reputation.

Yet, DeFi is not without its limitations, and the advantages of top CEXs in terms of efficiency and operational capabilities also attract a large number of DeFi tokens. In addition, the customer service system established by investing a lot of manpower and material resources have made great contributions to industry popularity, user education and onboarding.

In a nutshell, CeFi and DeFi complement each other. The best way to push the blockchain and crypto industry forward is to combine these two powers and play to both their respective advantages.

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

Photo – https://photos.prnasia.com/prnh/20200526/2813046-1-LOGO?lang=0

Related Links :

http://www.okex.com/

PR Newswire

VeChain Joins China Animal Health And Food Safety Alliance (CAFA) As Council Member To Provide Blockchain Technology For Enterprise Members

Leave a comment

SHANGHAI, Sept. 18, 2020 — As the world’s leading enterprise friendly blockchain platform, VeChain has officially joined the China Animal Health And Food Safety Alliance (hereafter referred as CAFA) as one of the council members. VeChain will be the sole public blockchain technology provider in the alliance, providing technical and infrastructural support for the council members.

All Members of CAFA
All Members of CAFA

CAFA is a government-backed organization directly under the Chinese National Agricultural Science Technology Innovation Alliance initiated by the Ministry of Agriculture of the People’s Republic of China, which aims to build a trustworthy platform that connects the government, industry associations, producer enterprises and research institutes in the food sector.

Since its launch, CAFA has revealed more than 130 members that are already signed up as official members of the alliance. These members consist of massive companies and bodies across upstream and downstream parties in the food industry, including supermarkets, food and beverage manufacturers, e-commerce platforms and more. Other members also include major players in the CTI industry, research labs, agricultural and animal supplies.

As a council member of CAFA, VeChain intends to enhance CAFA’s strategy of "building a from-farm-to-table traceability system across the entire country".

By using VeChain ToolChain™, all enterprise members of the alliance will be capable of logging key processes of food products onto the blockchain in an immutable and secured way, bridging trust between consumers and the enterprises. Traceability can start from cultivation, processing, packaging, logistics, to retail and more, which perfectly assists CAFA’s vision of "providing consumers with safe, high-quality and healthy food of animal origin".

VeChain ToolChain’s scalable and easy-to-implement technology has already captivated the enterprise world, and the technology has already on-boarded its first alliance member as a user of the platform since the inception of CAFA, with more expected to join.

Launched in 2019, VeChain ToolChain™ has become a powerful tool for business owners to integrate the VeChainThor public blockchain into existing business processes. Based on the experience of collaborating with big enterprises such as Walmart China Food Traceability Platform and Foodgates, VeChain ToolChain™ provides built-in, ready-to-use templates and customizable tools, which enables every food enterprise to quickly achieve full lifecycle traceability for their supply chains in a controllable cost.

Positioned as the enabler for the real economy, VeChain continues to promote exponential mass adoption of blockchain technology and drive tangible value for businesses. By powering traceability platforms for alliances such as CAFA and other similar partners, the VeChainThor blockchain would be used by hundreds and thousands of businesses without needing VeChain to approach them individually.

About CAFA

Established in 2009, CAFA focuses closely on animal health and food safety issues as well as solving major technical problems and bottlenecks involved throughout the industry chain. Members of CAFA include scientific research institutes, industry associations, aquaculture enterprises, testing and certification enterprises, veterinary medicine enterprises, consulting enterprises, catering enterprises and supermarkets. The alliance is committed to providing consumers with safe, high quality and healthy animal source foods.

Website: www.cafa.org.cn

About VeChain

Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI etc.

Website: www.vechain.com

Photo – https://techent.tv/wp-content/uploads/2020/09/vechain-joins-china-animal-health-and-food-safety-alliance-cafa-as-council-member-to-provide-blockchain-technology-for-enterprise-members.jpg

Related Links :

http://www.vechain.com

PR Newswire

Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech

Leave a comment

With support from the Hong Kong community, industry leaders from across the world will converge at the largest virtual event for business, regulators, and technology.

HONG KONG, Sept. 17, 2020 — The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week is the Block O2O Virtual Global Summit which is set for November 18th. The conference is set to be an ideal platform to look back at what 2020 has brought to the industry development, and to carry out prolific discussions about the range of applications blockchain technology can offer across different industries. Hong Kong and the Greater Bay Area have become a testing ground for a Digital Currency / Electronic Payment project by the People’s Bank of China, and the conference speakers will dive into detail on this unprecedented initiative.

NexChange is delighted to present Hong Kong Blockchain Week taking place on 17-19 Nov 2020. The premier blockchain industry event. The anchor event for the Week – Block O2O Virtual Global Summit will be hosted online on 18 Nov. This premier blockchain industry online event brings together governments, industry leaders, academics and innovators, and aid collaboration on both regional and international level.
NexChange is delighted to present Hong Kong Blockchain Week taking place on 17-19 Nov 2020. The premier blockchain industry event. The anchor event for the Week – Block O2O Virtual Global Summit will be hosted online on 18 Nov. This premier blockchain industry online event brings together governments, industry leaders, academics and innovators, and aid collaboration on both regional and international level.

The Blockchain Week will showcase a vibrant range of events, including an official Virtual Welcome Event on November 17th for VIPs and Speakers; a DeFi Day on November 19th presenting a series of online meetings and webinars about blockchain for Decentralized Finance; and a spectacular online ceremony of the world’s first international TADS Awards 2020 on November 18th.

Samson Lee, founder and CEO, Coinstreet Partners: "TADS AWARDS celebrates the Tokenized Assets and Digital Securities industries by recognizing and honouring significant contributions and distinguished achievements worldwide. TADS aims to nurture the growth of these industries by establishing best practices and setting measuring standards."

During Hong Kong Blockchain Week attendees will delve into the various content aspects:

  • CBDCs: Use Cases around the World
  • DeFi
  • Asset Tokenization
  • Mining Industry in 2020
  • Digital Economy
  • Regulation in Asia, the US and Europe
  • Solutions for enterprise
  • Social impact of blockchain-based projects

Speakers featured on the event agenda throughout the week:

David Chung, Under Secretary for Innovation and Technology, Hong Kong
Brian Behlendorf, Executive Director, Hyperledger and Linux Foundation
Henri Arslanian, FinTech and Crypto Leader for Asia, PwC
Alex Mashinsky, Founder and CEO, Celsius Network
Alicia García-Herrero, Chief Economist for APAC, Natixis
Miko Matsumura, General Partner, Gumi Ventures
David Johnston, Managing Partner, Yeoman’s Capital
Mai Fujimoto, Miss Bitcoin & CEO, Kizuna Co
Dr Ben Goertzel, Founder and CEO, SingularityNET

Juwan Lee, Chairman of NexChange: "Hong Kong Blockchain Week bridges many industries that are being transformed by blockchain technology and the opportunities it has brought. We expect to bring together those who decide the future of these industries today: investors, governments, media, and entrepreneurs from around the world."

About NexChange: NexChange Group is a venture innovation and media platform specializing in Blockchain, FinTech, HealthTech, AI, and Smart Cities.

For more information on the speakers, agenda, side events and partnerships, please visit https://www.hkblockchainweek.net/ or contact: info@nexchange.com

"PR Newswire is the ‘Official Press Release Distribution Partner" of Block O2O Virtual Global Summit 2020 and Official Hong Kong Blockchain Week 2020"

Photo – https://photos.prnasia.com/prnh/20200916/2919174-1?lang=0

PR Newswire

Global innovators invited to participate in Taiwan’s Inaugural RegTech Challenge

Leave a comment

TAIPEI, Sept. 14, 2020 — Supervised by Financial Supervisory Commission (FSC), organized by Taiwan Financial Services Round Table (TFSR) and hosted by Institute for Information Industry (III) and Taiwan Depository & Clearing Corporation (TDCC) have joined forces to host Taiwan RegTech Challenge (TRC) 2020, an inaugural international challenge in Taiwan. This public-private-partnership, executed by TDCC and FinTechSpace, is supported by over 20 financial institutes across all financial sectors. After 3 months of interview, practical issues from financial supervision to industrial digital supervision are identified. TRC 2020 calls for local and international solutions for accelerating the implementation of RegTech in industries. All participating teams get the chance to be mentored by local experts and the winning prize includes resources and services valued near US$300,000. TRC 2020 opens up a common platform for solution providers to meet and consult with Taiwan regulators and matching with financial institutes. Starting today until October 16th, challenge rounds include the Preliminary, the Semi-final and the Final, which will be hosted on January 28 and 29, 2021.

Global innovators invited to participate in Taiwan’s Inaugural RegTech Challenge, an inaugural international challenge in Taiwan. TRC2020 calls for local and international solutions for accelerating the implementation of RegTech in industries. All participating teams get the chance to be mentored by local experts and the winning prize includes resources and services valued near US$300,000. Registration starts today until October 16th, the Final will be hosted on January 28 and 29, 2021.
Global innovators invited to participate in Taiwan’s Inaugural RegTech Challenge, an inaugural international challenge in Taiwan. TRC2020 calls for local and international solutions for accelerating the implementation of RegTech in industries. All participating teams get the chance to be mentored by local experts and the winning prize includes resources and services valued near US$300,000. Registration starts today until October 16th, the Final will be hosted on January 28 and 29, 2021.

Taiwan RegTech Challenge 2020 proposes the challenge and seeks for solutions in three main areas

In response to FSC’s policy, financial technology development needs and pain points are consolidated and discussed by experts via workshop. These are categorized into three main topics with seven sub-topics as the following:

Topic

Sub-topic

1

eKYC

1.1

Primary and premium information process and collection for KYC purposes like electronic identification, strong authentication, etrust services (eIDAS), identity verification, etc.

2

Monitoring, Surveillance & Data Sharing

2.1

Dynamic and automatic real-time data sharing for supervisors and regulators for surveillance relating to operational risk, market risk, sanction risk, etc.

2.2

Timely incident related information collection and analysis

2.3

Data sharing in compliance

3

Financial Crime Compliance & Fraud Detection

3.1

Suspicious transactions, accounts and behavior detection for money laundering, financing of terrorism, employee misconduct, etc.

3.2

Fraud detection

3.3

Beneficial ownership identification

To effectively promote application, TRC 2020 provides data partner/mentor and one-on-one evaluation mechanisms. Participating teams which are not familiar with financial industry in Taiwan may require relevant data or pairing up with an industry expert. During the Semi-final and the Final, TRC 2020 will provide regulations & compliance and information security/feasibility checkup to ensure information security and compliance. Furthermore, participating teams have the opportunity to obtain FSC regulatory clinic’s counseling and Azure platform provided by Microsoft Taiwan as the development environment.

30 participating teams will be selected to enter the Semi-final. After matching and counseling, 15 will be selected to enter the Final competing for the TRC awards (final 3 and 2 runner-ups) and the PoC prize, awarded by the sponsoring organizations. The prizes include:

TRC Awards

PoC Prize
  • FinTechSpace resources:
    • Rent free for a hot desk in FinTechSpace for 12
      (Final 3) / 6 months (runner-ups)
    • FinTechSpace mentoring including information security check, regulatory clinic, free Baker McKenzie regulation checkup (1 hour), and free AWS cloud space (FinTechSpace AWS JIB)*
  • 2021 FinTech Taipei:
    • Free 2 standard booths for final 3 and 1 standard booth for 2 runner-ups
    • One Demo session
    • Business and venture capital matching
  • eKYC Theme Award:
    • TWCA will issue an EAPS report for the award-winning proposals.
    • After residing at FinTechSpace, the winning team can launch its API on eKYC digital sandbox.
  • AWS
  • Bank SinoPac
  • Cathy United Bank
  • E. Sun Bank
  • Far Eastern International Bank
  • LINE Bank
  • Mega International Commercial Bank
  • Next Bank
  • Taishin International Bank
  • TDCC
  • Yunta Securities

For more information: https://www.fintechspace.com.tw/trc2020-en/

*AWS credits must be applied directly to AWS through FinTechSpace. The winner must not have received past credits more than the offered credits at this time and also meet the Terms and Conditions (see https://aws.amazon.com/awscredits) of FinTechSpace and FinTechSpace Powered by AWS.

Photo – https://photos.prnasia.com/prnh/20200910/2913149-1?lang=0

PR Newswire

INX Crosses Over the Mandatory Minimum of $7.5M – Now Accepting BTC, ETH, USDC

Leave a comment

Over 3,000 retail and accredited investors registered for the INX token offering in the first 3 days

NEW YORK, Sept. 10, 2020 — INX Limited today announced it has raised over USD 7.5M in its initial public offering, exceeding the minimum requirement for the offering. The Company also starts accepting payments in Bitcoin (BTC), Ether (ETH) and USD Coin (USDC) at 10am EDT on Monday, September 14th, 2020.

INX has launched the first-ever SEC-registered security token IPO aiming to raise up to $117 million from both retail and institutional investors. INX intends to use the net proceeds raised from the sale of INX Tokens for a launch of a regulated trading platform for digital assets  including cryptocurrencies, security tokens, and their derivatives, for the establishment of a cash reserve fund, and for the continued development and operation of INX Trading Solutions, .

INX has set the offering price at $0.90 per Token with a minimum investment of $1,000. BTC/USD, ETH/USD and USDC/USD exchange rates will be determined in the manner as disclosed in the final prospectus.  More information can be found in the final prospectus and at https://token.inx.co/.

A registration statement relating to the offering of these securities was declared effective by the SEC on August 20, 2020. Copies of the registration statement can be accessed by visiting the SEC website at www.sec.gov. The offering is being made only by means of a prospectus. A final prospectus describing the terms of the offering has been filed with the SEC and forms a part of the effective registration statement. A copy of the final prospectus relating to the offering may be obtained, when available, by visiting the SEC’s website or the following website (click here) or by email to INX at investors@inx.co.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is available in California*, Colorado, Connecticut, Georgia, Hawaii, Illinois, Louisiana, Michigan, Minnesota, New York, Texas*, Washington*, Wisconsin and Wyoming.

 * Subject to suitability standards as described in the "Suitability Standards" section of the final prospectus.

About INX:

INX aims to provide a regulated trading platform for digital securities and cryptocurrencies combining traditional markets expertise and a novel fintech approach. INX is led by an experienced team of business, finance, and blockchain technology experts unified by the vision of redefining the world of capital markets via blockchain technology and novel regulatory approach.

Forward-Looking Statements

Some of the statements in this press release constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "project," "anticipates," "believes," "estimates," "predicts," "potential," "intends," or "continue," or the negative of these terms or other comparable terminology. These forward-looking statements may include, but are not limited to, statements relating to our objectives, plans, and strategies; statements that contain projections of results of operations or of financial condition; statements relating to the research, development, and use of our products; and all statements (other than statements of historical facts) that address activities, events, or developments that we intend, expect, project, believe, or anticipate will or may occur in the future. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties. We have based these forward-looking statements on assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments, and other factors they believe to be appropriate. These statements are only current predictions and are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels of activity, performance, or achievements to be materially different from those anticipated by the forward-looking statements. We discuss many of these risks in greater detail in the preliminary prospectus that forms a part of the effective registration statement filed with the SEC, including under the headings "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements." You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable as of the date hereof, we cannot guarantee future results, levels of activity, performance, or achievements. Except as required by law, we are under no duty to update or revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Logo – https://techent.tv/wp-content/uploads/2020/09/inx-crosses-over-the-mandatory-minimum-of-7-5m-now-accepting-btc-eth-usdc.jpg

Media Contact:

Alona Stein
ReBlonde for INX   
alona@reblonde.com

Related Links :

https://token.inx.co/

PR Newswire

OKEx Jumpstart to Support OKB Mining on Its Platform

Leave a comment

VALLETTA, Malta, Sept. 8, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has announced that its cryptocurrency project accelerator, OKEx Jumpstart, will now support mining on its platform. OKB holders can stake their OKB tokens 14 days before each new Jumpstart project is launched to earn high rewards and staking incentives while enjoying the secure and robust infrastructure that the OKEx exchange provides.

OKEx Jumpstart Mining will allow OKB holders to participate for high yields from OKB staking, with an individual limit of between 100 and 5,000 OKB and a total cap of 8 million OKB. Unlike other existing protocols, there is no lock-up period necessary, and users can decide to unstake at any time, as generous yields are calculated by the minute. 

Participation in Jumpstart Mining begins 14 days before the next new project is launched. 48 hours after their initial tokens are staked, trading can begin. Yield is calculated by minute dividing the total staked OKB amount by the individual’s staked total.

Through the Jumpstart Mining initiative, OKEx aims to create even wider interest for its Jumpstart projects as well as continue to drive value for its adopted utility token OKB by offering holders further incentives. OKB holders can also stake their tokens in a safe environment free from lock-up periods or some of the protocol vulnerabilities experienced in the DeFi space. 

OKEx CEO Jay Hao said:

"We are really excited by this latest initiative, as it deepens our commitment to OKB holders to continue to drive value and utility for the token. Now, they can stake their OKB and earn high rewards in a safe way that lets them unstake their tokens at any time, as the yield is calculated every minute. This gives them an alternative to practices like yield-farming in DeFi where they can earn rewards for locking up their tokens without exposure to some of the risks on current protocols."

According to the OKB Ecosystem Report for August, holders can now take advantage of as many as 76 partnerships outside of the OKEx exchange that allow them to use the OKB token for payment for a range of services including loans, mortgages, tourism and travel, entertainment, C2C services, trading services, and social networking.

OKB holders can also enjoy increased privileges on the OKEx exchange from discounted trading fees to early investment access in Jumpstart projects. Last month, OKB registered a record high burn volume of $21 million in its ninth round of Buy-Back & Burn, further restricting supply and proving more value to its users. 

For further details, please stay tuned to OKEx’s Twitter.

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

Logo – https://photos.prnasia.com/prnh/20200526/2813046-1-LOGO?lang=0

Related Links :

http://www.okex.com/

PR Newswire

BEOWULF Partners with FHL Games to Provide World-Class Communication Services to Latin American Users and Enterprises

Leave a comment

SINGAPORE, Sept. 4, 2020 — Beowulf Blockchain, the leading innovator of the decentralized cloud network for communication services, announced its strategic partnership with FHL Games, leading game and digital content distributors in Latin America. This partnership aims to bring world-class communication solutions and services to enterprises and consumers in Latin American countries.

BEOWULF Partners with FHL Games to Provide World-Class Communication Services to Latin American Users and Enterprises
BEOWULF Partners with FHL Games to Provide World-Class Communication Services to Latin American Users and Enterprises

Through this partnership, Beowulf will be providing QUICKOM communication toolkits, built on the US patent pending decentralized cloud network, to enable high quality and seamless communication for over 20 million gamers and content consumers in the Kaybo.com platform operated by FHL Games. Besides, FHL Games aims to expand its business horizon to B2B communication solution business area, as a certified Beowulf business development partner, by utilizing its business network across gaming and financial services sectors established throughout over 10 years of business operations in Latin America.

Mr. Jung Cheol, FHL Games founder and CEO, said: "Demand for technologies such as blockchain and decentralized cloud network is growing exponentially across Latin American region due to socio-economic and COVID-19 pandemic situations. The adoption of Beowulf technology will not only strengthen our Kaybo.com service, but also help our local partners grow by giving them easy and affordable access to Beowulf’s state of the art communication tools."

QUICKOM simultaneously offers the most innovative and modern distance business and educational services by operating with a massive capacity of up to 5,000 users and using two-way interaction, faster connections, high-quality videos, and authentic sound. Users can easily access QUICKOM by scanning the QR code with the camera on their smartphone without any complex accessories or new applications.

"We are excited to partner with FHL Games to provide top class communication services to over 20 million gamers in Kaybo.com. We are more excited about the potential opportunities to provide our cutting-edge technology to many Latin American enterprises, where time-saving and cost-effective communication tools are most needed," Dr. William H. Nguyen — CEO of Beowulf Blockchain — said.

Access BEOWULF BLOCKCHAIN, QUICKOM, and FHL Games for further information

For business inquiry, please contact:

Dr. William H. Nguyen
william@beowulfchain.com

Photo – https://photos.prnasia.com/prnh/20200903/2907747-1?lang=0

Related Links :

https://beowulfchain.com

PR Newswire

Chainstack now delivers a complete ecosystem of managed blockchain services enhancing its support for developers and enterprises

Leave a comment

Introduces new resource solution that comprises a complete selection of protocols, complementary services and tools for customizing and deploying decentralized applications in a standardized and automated way

SINGAPORE, Sept. 3, 2020 — Chainstack today announced new service enhancements and support for its flagship managed blockchain services platform, and Chainstack Marketplace – a complete list of applications, complementary services and development tools designed to help enterprises and developers launch and scale decentralized solutions with reduced time, effort and cost.

By being both protocol and cloud agnostic, the Chainstack platform makes any blockchain implementation easy, simple, robust and reliable for enterprises and developers, enabling them to take full advantage of what blockchain technology has to offer in areas of decentralization, security, transparency and immutability. With the managed blockchain services infrastructure powered by Chainstack, blockchain nodes, networks and applications can be deployed across multiple projects with hybrid configurations in minutes rather than weeks, all from a single platform.

The enhanced version of Chainstack enables developers and enterprises to programmatically create, scale and manage projects, networks, nodes, services, identities and applications, as well as automate testing and delivery of solutions, through its robust platform API. Partners can also interact with Chainstack’s orchestration API to seamlessly manage blockchain deployments from their own platforms, allowing them to programmatically operate and scale their networks.

New ways of interacting with blockchain nodes and networks on the Chainstack platform have been introduced. These include allowing customers and developers to start and stop their nodes and networks at any time, offering advanced node lifecycle option and flexibility to those who prefer to take a break from the project without upsetting the state and paying for compute resources unnecessarily.

Chainstack supports the latest development of a wide range of enterprise blockchain protocols, including major consortium and distributed ledger technology (DLT) protocols such as Bitcoin, Corda, Ethereum, Hyperledger Fabric, MultiChain and Quorum.

Adding one more cloud provider to its existing stable of multi-cloud partners including Amazon Web Services (AWS) and Google Cloud Platform, Chainstack now also supports Microsoft Azure to enable customers deploy consortium networks and public blockchain nodes in UK South region.

Chainstack is committed to offering the best user experience and maximizing cost transparency for customers. Cost estimates for resource utilization can now be calculated and displayed, alongside all deployments, for complete visibility into the network components before customers make their decisions.

Introducing Chainstack Marketplace – the go-to source for a complete selection of blockchain applications, services, complementary services and tools

Chainstack Marketplace offers an extensive resource solution complete with the latest and most popular services, applications and development tools to help enterprises accelerate their Web 3.0 journey and business transformation.

Developers can locate the resources easily to customize and deploy decentralized applications, and also in such a way that is standardized and enforced with best industry practices. A rich set of developer tools will also be made available to help carry out testing and deployment of service delivery.

"bloXroute and Chainstack share the common vision in building out a high-performance and scalable Web 3.0 infrastructure for cyberspace through decentralization, and we are excited to partner with Chainstack on this exciting journey," said Eyal Markovich, COO and co-founder of bloXroute Labs. "We look forward to working closely with Chainstack to grow our developer community, foster creativity, and uncover the strategic benefits of blockchain to businesses worldwide."

According to Gartner, blockchain is expected to generate US$3.1 trillion in new business value by 2030, while CIOs are under pressure to decide whether or not to deploy blockchain in their enterprises. Organizations that have started laying the groundwork are poised to leverage blockchain for differentiation and competitive edge.

"Developers and enterprises can now deploy blockchain nodes in minutes instead of weeks with Chainstack, which has drastically reduced the time and cost needed to develop and manage projects across multiple configurations and environments," said Laurent Dedenis, CEO and co-founder of Chainstack. "We are helping businesses discover the value of blockchain through enhancing and making Chainstack even more compelling than before. Only by simplifying blockchain adoption can enterprises unlock its true potential for innovation and competitive advantage."

Pricing and availability

The enhanced version of Chainstack’s managed blockchain services platform is available today at a subscription from US$19 per month. Unlimited users have been extended to all subscription plans to foster collaboration between customers and their partners. Please visit https://chainstack.com/pricing/ for pricing details.

About Chainstack

Chainstack makes it simple to launch and scale decentralized networks and applications for enterprises and developers through its managed blockchain services platform – complete with an intuitive user interface, seamless orchestration and predictable pricing.

We offer enterprise-grade tools and services that empower developers, solution providers, and consortia to safely experiment and run in production. By building on Chainstack, the time, cost and risk involved with leveraging decentralized technologies can be reduced. With a secure API, membership management, and flexible deployment options, enterprises and developers can immediately accelerate and future-proof the development of their transformative solutions. Learn more at www.chainstack.com.

Related Links :

The limitless Web3 development stack