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PR Newswire

VeChain and I-Dante Co-developed E-HCert, A Blockchain-based COVID-19 Records App For the Citizens of Cyprus

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SHANGHAI, May 20, 2020 /PRNewswire/ — With the pandemic putting healthcare systems under strain worldwide, Electronic Health Record (EHR) systems are also shifting requirements for data security and sharing. As the leading public blockchain platform, VeChain furthers the collaboration with I-Dante to co-develop E-HCert App, which provides an archival solution for COVID-19 RT-PCR (real time-polymerase chain reaction) and antibodies tests (Rapid Test) records.

The success between VeChain and I-Dante previously on blockchain-enabled medical solution has led to the idea for the E-HCert App, which is now adopted by the Mediterranean Hospital of Cyprus. The new EHR system provides a secured method of on-chaining the COVID-19 related tests, giving the result of the health status of the individual, and allowing all concerning parties to access said health information at the discretion of the individual. With this set up, the individual can go about life as usual.

Compatible EHRs Should Compare Notes On The Pandemic

In the case of COVID-19, the testing results of citizens can be vital for public welfare and personal rights. Authorities worldwide are calling healthcare institutions to provide secure and legit access to health status information. Citizens themselves would also need trustworthy and reliable proof for their own health condition and full control over their privacy. However, current EHR systems are revealing serious deficiencies in terms of its interoperability, immutability, compliance, and the cost.

There is, therefore, an urgent need for the collection of trustworthy and standardized encrypted medical records that can be safely shared between multi parties.  This is where blockchain technology comes in and becomes the de facto choice for such an implementation.

The Most Feasible Choice For EHR reform: The Public Blockchain

This public blockchain-based E-HCert App provides an archival solution for COVID-19 RT-PCR (real time-polymerase chain reaction) and antibodies tests (Rapid Test) records, which will be utilized to enhance the hospital’s COVID-19 management and response at the end of May 2020.

When a Cyprus citizen goes to the hospital and undergoes RT-PCR and antibodies tests, the testing records will be uploaded onto the VeChainThor Blockchain, and the immutably recorded results are then shown in the E-HCert Native App.  As E-HCert fully complies with the GDPR, the App enables the owner to have complete control over their profiles, and use it to prove his or her health status when trying to return to work, take a flight abroad, and get authorized for other activities. 

Enabling The Next Wave Of Digital Health Reform

COVID-19 has prompted an expansion of industrial power in healthcare. A recent report found that 33 of the 50 US-based hospitals examined were working with Amazon, Google, or Microsoft. The Wall Street Journal said the internet giants are also wrestling for control in health-care  markets.

Compared with traditional technologies, blockchain provides better opportunities for companies to review their healthcare data systems, optimize the workflow design, while simultaneously enabling every patient to safely hold their records and share it immediately with any party in the world.

As the world’s leading public blockchain platform, VeChain intends to use its experience in the blockchain industry to empower more partners in the healthcare sector. By doing so, VeChain will play a central role in the acceleration of the digitalization of the healthcare industry.

About Mediterranean Hospital of Cyprus

The Mediterranean Hospital of Cyprus is a modern private health care institution, one of the largest in Cyprus, with a mission to provide to all the citizens and the visitors of the country safe and high-quality medical services 24/7. The founder of the Mediterranean Hospital of Cyprus, Dr. Andreas Panayiotou has set as a goal the development and the establishment of a reliable infirmary, with flexible operational mechanisms, in order to gain the trust and recognition for the quality of its services from everybody. Mediterranean Hospital of Cyprus is the first private hospital that joined Cyprus’ General HealthCare System (GHS).

Website: www.medihospital.com.cy/en/

About I-DANTE LTD

Founded in December of 2019 by Etna Digital Growth (a consultancy- software house company in Italy) and CircleServus LTD (a consultancy company in Cyprus) in order to build digital healthcare solutions leveraging the power of the VeChainThor Blockchain.

Website: www.i-dante.com/

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, BYDr, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI etc. Learn more about VeChain, please join the VeChain BootCamp.

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PR Newswire

VeChain and I-Dante Partnered to Create Blockchain Enabled Medical Data Management Platform for Healthcare Provider in Cyprus

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SHANGHAI, May 18, 2020 /PRNewswire/ — With more than 4.6 million infections, 300 thousand deaths and counting caused by COVID-19, national governments, healthcare systems regardless of region and continent have been scrambling to respond to it, and the pandemic has highlighted the increasing demand for digital technologies to replace our old way of communication. VeChain is at the frontier of this digital transformation, solving the problems of the management of healthcare data by utilizing solutions powered by blockchain technology.

With the aim of enabling digital transformation in the healthcare sector, VeChain, together with I-Dante co-developed a blockchain-enabled medical data management platform named The E-NewHealthLife. Mediterranean Hospital of Cyprus, a hospital under the General Healthcare System of the Republic of Cyprus (GHS) is the first hospital to adopt this application.

Healthcare System Advancement
 There have been efforts to modernize the technological infrastructure in the healthcare sector, but the problems include the administrative and technical difficulties of pooling data from different digital systems, the increasing cost, and the balance of health imperatives and privacy concerns, have greatly hampered the efforts. This dilemma has led to an urgent need for a low-cost yet highly-efficient digital solution.

With proven advantages in terms of secured data storage and efficient information sharing between multiple parties, blockchain technology has emerged as the best option in hand.

Blockchainized Actions In Response To The Challenges
There is a strong and urgent demand to deliver better and more efficient healthcare solutions that can achieve excellent patient-centric healthcare provision, secured data sharing, while complying with regulations on the use and sharing of patient data, which is solved in this case by the introduction of the E-NewHealthLife Web App in the Emergency Department of the hospital as the first phase of this project.

Powered by VeChain ToolChainTM, the Digital Healthcare Passport is an encrypted NFC Card that can be assigned to any patient of the hospital. The NFC Cards will allow the patients to identify themselves automatically at the Emergency Room registration desk, check their queue on mobile phone, manage their own medical records safely with the E-NewHealthLife Web App.

The blockchain powered application can serve both the hospitals internally and also end users. As The E-NewHealthLife fully complies with the GDPR (EU’s General Data Protection Regulation), the App enables the owner to have complete control over their profile and medical records. Data can only be shared to 3rd parties with the permission of the owner.

Bridging Trust In The Healthcare Sector
 Blockchain is being posited as the next frontier in healthcare that will help solve the industry’s interoperability challenges. According to a report by BIS Research, the global healthcare market spending and investment on blockchain-based technologies is expected to hit $5.61 billion by 2025. The adoption of blockchain technology could save the healthcare industry up to $100–$150 billion per year by 2025.

Based on concrete cases of multi party collaboration in various industries, VeChain has been accumulating experience in bridging trust and bringing in transparency into business while being compliant with local authorities and regulators. Given the huge potential of blockchain technology in the medical and healthcare sector, VeChain will continue to develop solutions for all stakeholders and pursue more opportunities in the near future.

About Mediterranean Hospital of Cyprus

The Mediterranean Hospital of Cyprus is a modern private health care institution, one of the largest in Cyprus, with a mission to provide to all the citizens and the visitors of the country safe and high quality medical services 24/7. The founder of the Mediterranean Hospital of Cyprus, Dr. Andreas Panayiotou has set as a goal the development and the establishment of a reliable infirmary, with flexible operational mechanisms, in order to gain the trust and recognition for the quality of its services from everybody. Mediterranean Hospital of Cyprus is the first private hospital that joined Cyprus’ General HealthCare System (GHS).

Website: www.medihospital.com.cy/en/

About I-DANTE LTD

Founded in December of 2019 by Etna Digital Growth (a consultancy- software house company in Italy) and CircleServus LTD (a consultancy company in Cyprus) in order to build digital healthcare solutions leveraging the power of the VeChainThor Blockchain.

Website: www.i-dante.com/

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 

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PR Newswire

Frost & Sullivan Presents a Strategic Framework for a Blockchain-enabled World

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SANTA CLARA, California, May 18, 2020 /PRNewswire/ — In its study, The Enterprise Blockchain Multiverse—Cross-industry Analysis and Ecosystem Development, 2020–2026, Frost & Sullivan prepares readers for a blockchain-enabled world, laying out a long-range view of potential industry impacts as we race to build the foundations of the next-generation internet—Web 3.0. It sets out a clear, concise and detailed framework for both near-term and long-range strategic planning that accounts for best uses, converging technology and critical success factors as new solutions are deployed to digitize process rails and capture value in transforming ecosystems at scale. The next global era of industry disaggregation and restructuring is here.

Blockchain
Blockchain

For further information on this analysis, please visit: http://frost.ly/43q

“Existing IT systems are not fit-for-purpose when it comes to addressing the most pressing systemic problems of our time. Enterprises are being forced to adapt to complex structural change as the technology industry undergoes a paradigm shift that undermines long-held assumptions,” said Maya Cotton, Information and Communication Technology Industry Analyst at Frost & Sullivan. “All organizations and institutions will be challenged to keep track of the moving pieces and identify the ecosystem levers to push to ensure their near-term sustainability and long-term relevance. Standard models of platformization, productization and servicization are giving way to strategic projects and collaborations among unique sets of players.”

In 2019 and 2020, enterprise blockchain solutions reached minimum viable product (MVP). Since then technical barriers are falling fast in the building of a new network of networks. Hot spots of development are now making visible the shape of things to come and the leaders who are likely to dominate.

This is being led, first, by transitions in global financial and monetary systems where blockchain capabilities enable trust and digital connective tissue. All industry verticals will eventually be impacted to some degree. Immense growth opportunities exist for those who can see and capture them; they include:

  • Global trade: Multiple process rails within the international trade ecosystem are migrating to blockchain-enabled networks and applications. Within trade, the challenge to supply chains posed by COVID-19 arrives at a time when they were already being retooled to capture 50x-100x gains in efficiency, creating a timely synergy.
  • Cryptocurrencies, digital finance and the global monetary system: Dominant players in these systems, including the world’s largest financial institutions and central banks, are expected to roll out cryptocurrency strategies in the near term. The foundations of a global blockchain network are already in place while new services are being reimagined and programmed.
  • Healthcare: This ecosystem represents some of the highest-complexity and highest-reward opportunities. The coronavirus stress-test has laid bare the many cracks in these systems that need to be filled.
  • Social impact ecosystems to make a better interconnected world: In the blockchain multiverse, developing markets and social enterprises are attracting attention as blockchain is used to provide solutions to problems in ways that were not possible before.

The Enterprise Blockchain Multiverse—Cross-industry Analysis and Ecosystem Development, 2020–2026 is the latest addition to Frost & Sullivan’s Information and Communication Technology research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

The Enterprise Blockchain Multiverse—Cross-industry Analysis and Ecosystem Development, 2020–2026

MF3B

Contact:

Francesca Valente
P: +54 11 4777 5300
E: francesca.valente@frost.com

http://ww2.frost.com

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PR Newswire

Huobi Rebrands its Derivatives Exchange as Crypto Derivatives Surge in Popularity

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SINGAPORE, May 17, 2020 /PRNewswire/ — Huobi DM, the digital asset derivatives exchange of Huobi Group, was rebranded to Huobi Futures has amid a surge in demand for crypto derivative products, announced by Ciara Sun, the spokesperson and the Head of Huobi Global Business. The new name underscores the evolution of the crypto derivatives market from a nascent industry to one burgeoning with new interest from both institutional and retail investors. 

Driven in part by recent speculation around Bitcoin’s third halving, the current macroeconomic environment, and as more sophisticated investors enter a maturing market, Huobi Futures become one of the most lucrative business units of Huobi Group. According to the data released by TokenInsight, last quarter, total derivatives market trading volume on Huobi Futures reached $438 billion, accounting for 22% of the total market trading volume. While institutional traders were major contributors to the recent growth, there was also a substantial uptick in activity from retail traders. 

Huobi Futures has also gained significant traction for a relatively new derivative product, coin-margined perpetual contracts, which it only launched in late March—years behind the biggest competitor in the space. Despite the late entry into coin-margined swaps, Huobi Futures has already topped the market in cumulative trading volume. On May 12, the total 24h coin-margin perpetual trading volume on Huobi Futures exceeded $5.46 billion, outperforming its closest competitor. 

“The last few quarters have been particularly exciting for the crypto derivatives market, but I’m more excited that the increased activity we’re seeing today may be a catalyst for widespread crypto adoption,” said Ciara. “Rising demand for crypto derivatives from both institutional and retail user bases signifies growing acceptance of digital assets and a maturing market, so we’re positioning Huobi Futures to bridge the gap towards traditional financial markets.”

With the rebrand, Huobi aims to make its derivatives exchange more approachable for new traders entering the crypto derivatives market. By appealing to a wider audience, Huobi Futures plans to continue on its current growth trajectory as it develops innovative new derivative products and broadens its user base. 

The rebrand was first unveiled during a Consensus: Distributed session titled ‘Crypto Evolution In a BTC Halving Year,’ which was hosted by Huobi and joined by guest panelists from institutional blockchain firms like Pantera, Dragonfly, and Multicoin. Speaking during the session, Sun stated, “While a name change is nothing too monumental, for us it represents an acknowledgement of the changing times we have seen in the cryptocurrency trading space.” 

About Huobi Group

Consisting of numerous upstream and downstream enterprises, Huobi Group is a leading global blockchain company. Established by Leon Li in 2013, the company’s Huobi Global exchange accumulative turnover exceeds US $3 trillion. Huobi proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 170+ countries.

Contact: Hailan Jia, jiahailan@huobi.com  

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PR Newswire

Chainalysis Joins Smart Contract Security Alliance

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SAN FRANCISCO, May 11, 2020 /PRNewswire/ — Chainalysis, the blockchain analysis company, today announced its partnership with the Smart Contract Security Alliance (SCSA), an established collaboration of industry leaders that recommend security standards and guidelines for the blockchain. Chainalysis, which provides investigation and compliance technology to cryptocurrency businesses, financial institutions, and government agencies, will provide data-driven thought leadership with the alliance for businesses to better understand the risks and opportunities related to cryptocurrency crimes and markets.

Chainalysis, the blockchain analysis company, today announced its partnership with the Smart Contract Security Alliance (SCSA), an established collaboration of industry leaders that recommend security standards and guidelines for the blockchain.
Chainalysis, the blockchain analysis company, today announced its partnership with the Smart Contract Security Alliance (SCSA), an established collaboration of industry leaders that recommend security standards and guidelines for the blockchain.

“We are trying to build the standards,” said Richard Ma, CEO of Quantstamp, leaders in blockchain security who initiated the SCSA. “Over time, more companies will join the SCSA and provide part of their codes and policies; insights on cryptocurrency crime from the leading blockchain analysis company is a welcome addition to SCSA’s deep blockchain security expertise.”

“Chainalysis exists to build trust in blockchains, and one of our strategies to do that is to demonstrate their transparency by offering insights into cryptocurrency activity,” said Jason Bonds, Chief Revenue Officer, Chainalysis. “We are excited to join the SCSA to further generate awareness of cryptocurrency’s use and misuse.”

Chainalysis KYT, its compliance tool, enables cryptocurrency businesses and financial institutions to monitor large volumes of cryptocurrency activity and identify high risk transactions. Chainalysis Reactor, its investigation tool, assists law enforcement agencies in further investigating criminal activity such as fraud, extortion, and money laundering on the blockchain. Chainalysis Kryptos helps financial institutions vet new opportunities and navigate risks in cryptocurrency based on Know Your Customer (KYC) details and the industry’s most trusted blockchain data.

Chainalysis research includes its 2020 Crypto Crime report, which was featured in the Wall Street Journal, The New York Times, Forbes, Fortune, and Bloomberg.

Smart Contract Security Alliance member organizations collaborate for the release of each article. Chainalysis will help grow this library body of articles for long term industry guidance and standards. They are joining Fujitsu R&D Center, NRI Secure, MythX, Blockgeeks, Layer X, the National University of Singapore Crystal Centre School of Computing, and Quantstamp.

More at SmartContractSecurityAlliance.com

About Chainalysis
Chainalysis is the blockchain analysis company providing data and analysis to government agencies, exchanges, and financial institutions across 40 countries. Our investigation and compliance tools, education, and support create transparency across blockchains so our customers can engage confidently with cryptocurrency. Backed by Accel, Benchmark, and other leading names in venture capital, Chainalysis builds trust in blockchains. For more information, visit www.chainalysis.com.

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PR Newswire

Future FinTech Announces Change of Website Domain Name

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BEIJING, May 8, 2020 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “the Company”), a company engages in blockchain based e-commerce and fintech business, today announced the change of its official website domain name (URL). The new domain name is http://www.ftftex.com and the original domain name, www.ftft.top, will remain in use for the next two months, after which it will be disabled.

“The change of the domain name (URL) is to provide easy access to the Company’s website, which provides information on the Company’s development and updates,” said Mr. Shanchun Huang, CEO of Future FinTech Group Inc. “We will strive to achieve our goals of becoming a top blockchain technology, e-commerce and boutique financial service company, which will shape the future direction of Future FinTech Group.”

About Future FinTech Group Inc.

Future FinTech Group Inc. (“Future FinTech”, “FTFT” or the “Company”) is a leading blockchain technology R&D and application company 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, and a digital payment system (“DCON”). The Company is also engaged in 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, 2018 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.

IR Contact:

Tel: +86-10-85899303
Email: ir@ftftex.com

Related Links
http://www.ftftex.com/

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PR Newswire

Export Portal Supporting Small Businesses in Unprecedented Global Pandemic

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CEO Ally Spinu Provides Resources and Tips to mSMEs to Weather the COVID-19 Storm

GLENDALE, Calif., May 8, 2020 /PRNewswire/ — With the novel Coronavirus sweeping the globe, Export Portal and CEO Ally Spinu are well aware of how important it is to support small businesses and the global economy.

Export Portal is here to support small businesses.
Export Portal is here to support small businesses.

“We are in the midst of a global public health crisis unlike any that most of us have ever witnessed and we are rising to the occasion, united in a global cause with empathy, resilience, determination, and teamwork,” said Ms. Spinu.

mSMEs not only account for an average 70% of jobs all over the world, but about $4.5 trillion dollars of the world’s export business. It is essential that we continue to follow Export Portal’s mission of providing mSMEs with everything they need to enter the world of international trade confidently, no matter the circumstances.

“As the CEO of an mSME-focused global portal, our response to COVID-19 is to continue our commitment to supplier mSMEs around the world,” Ms. Spinu said. “To that end, from now until the end of 2020, all Certification fees and sale fees are waived.”

Not only are Certification and sales fees waived, but Ms. Spinu is hosting a biweekly Global SME Forum online to answer questions, share insights, and bring the international mSME community together. To sign up, click here.

While the global pandemic has caused a lot of challenges for small businesses, support is not hard to come by. We know that as long as we continue to help each other, the strength of SMEs will only grow and expand – no matter the current market difficulties. In this current situation when one cannot welcome customers directly into one’s workshops and stores, Export Portal’s secure online B2B marketplace is the best place to be.

About Export Portal & CEO Ally Spinu: After personal experience with the difficulty of international trade, successful businesswoman Ally Spinu founded ExportPortal.com. Export Portal is a digital B2B marketplace aiming to be a comprehensive international trade hub for SMEs and their counterparts. Empowered by a proprietary blockchain technology, Export Portal prioritizes security, transparency, cost-effectiveness, and ease-of-use. Partners can confidently trade, network, and communicate with other verified companies and experts from all over the world.

To learn more about our platform, go to: https://www.exportportal.com/learn_more

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PR Newswire

VeChain Becomes The Sole Public Blockchain Protocol Of The APAC Provenance Council – A Cross-continental Food Supply Chain & Finance Consortium

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SHANGHAI, May 8, 2020 /PRNewswire/ — The APAC Provenance Council supported by government, export and industry bodies, standards agencies, packaging and labelling service providers, finance giants and blockchain technology providers, is established to integrate blockchain technology into the food supply chain finance in Australia–China trades. Currently, the core founding members include Fresh Supply Co, Source Certain International, and Laava, joined by affiliate members VeChain, FoodAgility CRC (Cooperative Research Centre), DNV GL Business Assurance, Australian Made, GS1, Blockchain Australia and several others.

The New Roadmap To a Post-COVID Food Industry 

In February 2020, the Australian Government published The National Blockchain Roadmap, proactively addressing opportunities in the Agritech & Food industry, which directly accelerates the establishment of the Council.

The impact from COVID-19 further lifts the urgency of pushing forward this initiative. On one hand, the pandemic is posing a direct threat to food & beverage vendors around the globe, particularly in cross-continental trading, the suppliers are heavily impacting their cash flows, which calls for immediate invoice finance to quickly unlock unpaid invoices and stimulate business growth. On the other hand, the public awareness of food safety is unprecedentedly high. According to a study of InTarget Shanghai, Chinese consumers have become more health and safety-conscious and this will continue to be reflected in future.

Blockchain-enabled APAC Provenance Council To Stimulate The Market

By combining resources from all members, the Council aims to provide a comprehensive blockchain-enabled food supply chain finance ecosystem, bridging traceable, safe and trusted trades with shorter billing terms between Australian suppliers and Chinese importers.

David Inderias, APAC Provenance Council Executive Chairman says, “Many solution providers have offered ‘track and trace’ services, but haven’t addressed industry needs in a comprehensive way. In a post-COVID world when many commercial entities are in decline, we are growing by making sure to deliver real economic value, meeting industry needs, as well as including funding sources for industry.”

Powered by AliPay in Australia, all the B2B payments for China-destined trades from Australian food suppliers will receive milestone-based payments of the total fiat payment upfront upon meeting the first milestone of their delivery terms. For food suppliers in Australia, when they export food products traced by VeChain ToolChain™, the entire process of product delivery will be recorded, including logistics information, temperature during the process and so forth. Acting as the “trust machine” in multiparty collaboration, blockchain provides immutable and authentic records, which not only ensures the secured process of logistics transfer, bringing transparency and trust into the cross-continental trade, but also helps shorten the billing period for suppliers.

VeChain To Be The Sole Public Blockchain Protocol In The Consortium

VeChain is dedicated to enabling its partners to implement blockchain technology in various industries to solve real problems. The proven cases such as FoodGates, pave the way for making the supply chain finance more effective at an all-new level.

Sunny Lu, CEO at VeChain, stressed that, “Guided by the mission of powering the real economy, VeChain positions itself to be an Enabler to empower our partners with blockchain to build business applications in various sectors. The implementation of blockchain certainly contributes to buffering the immediate economic impacts of the pandemic for the enterprises, and will help improve productivity by unleashing more resources and growth opportunities.”

The Australian Department of Agriculture predicts China will account for 43% of global growth in demand for agricultural products by 2050. Since the Australian products have an enviable reputation for being high-quality, Australian exporters can strongly take advantage of China’s growing demand for quality produce and its need for food security. With the market evolving, the demand for business-ready standard blockchain tools will also see a dramatic growth, which positions VeChain ToolChain™ to seize the opportunity to support more enterprises and create more value.

About APAC Provenance Council
The Asia Pacific Provenance Council is an industry alliance which helps exporters digitally enable and scientifically prove the provenance, traceability and authenticity of their products, and tell the stories behind their brands. The Council will soon be taking expressions of interest for multiple food production verticals in Food Agility backed pilots, corporates and industry bodies are urged to.

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, H&M, LVMH, D.I.G, AWS, PICC, ASI etc.

Official website www.vechain.com

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PR Newswire

Fight to Fame announces the design of the new official website, and uses the digital market to pick up the FF token related promotion

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LOS ANGELES, May 7, 2020 /PRNewswire/ — In early April 2020, Fight To Fame announced a new official website design. The new page adopts a design method similar to Olympic tickets. Gold has been the dominant color and a large number of 3D images have been added, making each page more in line with Fight To Fame’s promotional concept.

And the new official website page integrates multiple pages such as event introduction, player registration, action star reality show live broadcast, announcements, FF token introduction, core team, etc., so that the audience can quickly be in the workplace, office or at home Browse related news about Fight To Fame. In addition, the official website also has a contact window, whether you are a registered player, a fan who cheers for the player, or an action movie fan, you can see the current ongoing activities through the most striking place. So you can easily and quickly join activities that are going on or going on.

Introduction page: Through a newly designed homepage and a lot of animation rendering, Fight To Fame will show the unique operation mode of “blockchain + sports + film and television” to every audience intuitively.

Player registration: Through the concise and clear registration form, any interested player can immediately upload their own relevant documents on the official website, and this update uses a more secure end-to-end encryption system, so that your privacy no longer has to worry about being Anyone leaked.

Reality Show: Through the reality show interface, not only the audience, but anyone can view the ongoing events on this page. Whether you are using a TV, mobile phone, computer or other tablet devices, you can turn on the screen anytime, anywhere and enjoy the ultimate visual experience we bring to you.

Newsroom: With this update, the newsroom function also appears. You can find all relevant reports about Fight To Fame on this page. And you can also share the stories you are interested into various social platforms.

FF token: Through the independent design of the FF token page, fans no longer need to go to major platforms to search for relevant information about FF token, just click on our page to get the latest news.

As COVID-19 virus continue to wreak havoc on a global scale, the real economy of various countries is facing great risks. However, the cryptocurrency market has shown a pick-up trend. With this opportunity, Fight To Fame has embarked on a new round of publicity about FF tokens around the world. Up to now, the Fight To Fame Organizing Committee has launched a large number of media campaigns in the United States, Brazil, Peru, Myanmar and other places.

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PR Newswire

Huobi China to Play Pivotal Role in Development of BSN

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BEIJING, May 7, 2020 /PRNewswire/ — China’s interest in blockchain technology is about to take its next step as the Blockchain-Based Service Network (BSN) comes into commercial effect on April 25. The aim of this network is to allow companies and software developers to be able to plug into the BSN and build blockchain-based applications quickly and affordably.

Huobi China to Play Pivotal Role in Development of BSN
Huobi China to Play Pivotal Role in Development of BSN

The Chinese government has envisioned a variety of use cases for blockchain infrastructure network which include smart city applications, identity registration and data storage solutions. As part of bringing this network to life, Huobi China has been nominated as one of the four underlying framework providers of BSN.

This BSN network is more than just one that will operate in China. It has been proven to be effective and viable, as well as scalable in China, and has been taken globally. Hong Kong and Singapore are more than 84 cities where the network is already being tested.

According to a document shared with the public at the BSN Commercialization Press Conference on April 25, BSN has signed up 128 public city nodes via its telecom members and is hoping to deploy up to 200 more by the end of this year.

Huobi China has completed one of the frameworks that will be integrated into BSN by July 2020. The public will soon be able to access the blockchain framework supported by Huobi China. 

Yuming Yuan, CEO of Huobi China, has spoken about the project and its grand ambitions, as well as how he see Huobi China playing its part

“The fact that Huobi China was accepted as one of the four underlying framework providers for BSN is a new milestone. We are recognized as one of the leading enterprises in the blockchain industry and our abilities to research, land the project, and be a close partner of building an integrated blockchain ecosystem are much needed in the BSN program,” Yuan explained.

This undertaking is like nothing ever before seen on a global scale. The increased appreciation of blockchain in China has been reported numerous times, but the implementation of the BSN is a manifestation of this ambition. 

Photo: https://photos.prnasia.com/prnh/20200507/2796414-1?lang=0