Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain Press Releases

Industrial Electrification to Drive Global Enterprise Electricity Consumption to 14700 Terawatt-hour (TWh) by 2030, 57% of Which Within Asia

Published

on

industrial-electrification-to-drive-global-enterprise-electricity-consumption-to-14700-terawatt-hour-(twh)-by-2030,-57%-of-which-within-asia

NEW YORK, June 22, 2023 /PRNewswire/ — According to global technology intelligence firm ABI Research, enterprise electricity consumption is expected to grow worldwide from 11579 TWh in 2023 to 14704 TWh in 2030, with Asia’s share increasing from 50% to 57% during that same period. Most of this growth will be driven by wide-ranging electrification across industry verticals.

“Both enterprises in general and industries more specifically will see their electricity consumption rise sharply as they embrace and adopt electrification across a wide range of equipment types and form factors including employee and commercial fleet electric vehicles, electric heating, ventilation and cooling systems, AGVs and mobile robots in warehouses and manufacturing plants, and electric heavy equipment and autonomous vehicles deployed at mining sites, ports, airports, and yards,” explains Dominique Bonte, Vice President, Verticals & End Markets at ABI Research.

Industry verticals will increasingly rely on the uninterrupted supply of high-quality electric energy to continuously operate their mission-critical processes, maximizing up-time and associated profitability. Damage to equipment caused by short power interruptions can be avoided through Uninterruptible Power Supply (UPS) systems, allowing for managed shutdowns and critical data saving. For more extended outages, Battery Energy Storage Systems (BESS) can provide longer autonomy, often in conjunction with on-site micro-grids generating energy from renewable sources and providing additional resilience through their inherent independence from public grids.

The following industries are smart energy leaders in terms of electrification and on-site power generation:

  • Mining Operations – Electric mining haul trucks (WAE Technologies, Fortescue Metals Group, and Liebherr); DC-DC converters and charging infrastructure; On-site solar farms and battery storage, many of which are powered by Hitachi Energy (Western AustraliaAgnew Gold Mine, Sandfire’s DeGrussa’s Mine, Roy Hill Mine Site, Newman; Indonesia – Indo Tambangraya Megah’s Bontang Mine).
  • Datacenters – All major data center and cloud operators have committed to full decarbonization by 2030 (Google, Microsoft, IBM) or 2040 (Amazon) via on-site renewable energy generation and/or battery storage to avoid using diesel generators.
  • Manufacturing plants, Warehouses, and Supply Chain – Photo-Voltaic rooftop panels and battery storage (Hitachi’s Zhongshan transformer manufacturing base factory featuring 1.2 Megawatts of PV capacity and 1 MW of battery energy storage capacity); hydrogen-powered forklift trucks and material handling equipment; net-zero delivery (Amazon); cold chain for food and pharma.

All major smart energy technology companies, including Siemens, GE, Hitachi, ABB, Honeywell, and Schneider Electric, are actively targeting industry verticals as part of new business expansion strategies over and beyond their legacy client base of energy utilities, hereby enabling enterprises and industries to embark on their own smart energy journey.

These findings are from ABI Research’s Smart Energy for Enterprises and Industries application analysis report. This report is part of the company’s Smart Energy for Enterprises and Industries research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present an in-depth analysis of key market trends and factors for a specific technology.

Advertisement

About ABI Research

ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.

ABI Research是一家国际科技情报公司,为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info

Advertisement

Global 
Deborah Petrara
Tel: +1.516.624.2558
[email protected]  

Logo – https://mma.prnewswire.com/media/1471031/4100011/ABI_Research_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/industrial-electrification-to-drive-global-enterprise-electricity-consumption-to-14700-terawatt-hour-twh-by-2030-57-of-which-within-asia-301857632.html

Continue Reading
Advertisement

Blockchain Press Releases

HTX Soars to 50 Million Users in January, Kicking Off a Strong 2025

Published

on

htx-soars-to-50-million-users-in-january,-kicking-off-a-strong-2025

SINGAPORE, Feb. 17, 2025 /PRNewswire/ — HTX kicked off 2025 with a strong performance, driven by the broader crypto market’s recovery and renewed investor confidence. The exchange achieved significant growth in user base, asset performance, and product innovation, solidifying its position as a leading global cryptocurrency platform.

Record User Growth and Industry Recognition

January witnessed explosive growth for HTX, surpassing 50 million total registered users and achieving a remarkable 105% MoM growth, setting a new company record. Aligning with its mission of “Building the Metaverse Free Port” and vision of “Achieving Financial Freedom for 8 Billion People on Earth,” HTX continues its global expansion, providing high quality service to Web3 enthusiasts worldwide.

This growth was mirrored by a surge in platform popularity. From January 17 to 20, HTX search clicks reached an all-time high, increasing by 350% compared to December 2024. Platform exposure also rose by 520%, indicating growing user interest and recognition.

This exceptional performance garnered industry-wide acclaim:

Advertisement
  • PANews PARTY AWARD 2025:
    • Awarded “Best Exchange of the Year”.
    • HTX Ventures honored as “Best Investment Institution of the Year”.
  • Forbes: Recognized as one of the “Top 25 World’s Most Trustworthy Crypto Exchanges”.

Forbes, a leading financial media outlet, evaluated cryptocurrency exchanges based on trading volume, regulation, cost, and other key factors. HTX excelled in BTC & ETH holdings, spot trading volume, and product offerings, securing a 6th-place ranking in spot market share among all listed exchanges.

Trade New Cryptos Only on HTX! 25 New Assets Listed, Featuring Prominent AI and Celebrity-Themed Tokens

HTX listed 25 new assets in January, including notable AI and celebrity-themed tokens. AI projects like ELIZA (up 204%), ARCSOL (up 172%), GAME (up 159%), and GRIFT (up 225%) demonstrated strong performance. The platform was an early mover in listing the highly anticipated  $TRUMP token, which surged by 431% post-launch. $MELANIA also experienced a 60% increase. HTX remains committed to offering users diverse investment opportunities and identifying promising early-stage projects.

To further inform investors, HTX Ventures published a key research report, “A New Era for DeFi with Crypto Compliance and New Opportunities in RWA-Fi and Stablecoin Payments“. This report analyzes emerging market trends, focusing on compliance, DeFi growth, and the future of stablecoin payments, providing valuable investment insights for users.

Product Innovations and Community Growth Drive Enhanced User Experience

HTX continued to prioritize user experience with several product enhancements in  January, including Crypto Radar, HTX 2024 RECAP, Surprise Gifts, and a redesigned NewListing section. These features empower users to identify investment opportunities, optimize financial planning, and engage more effectively with the community. The platform also introduced an AI-powered FAQ product to streamline information access and improve customer service.

Advertisement

On January 15, 2025, HTX DAO completed  its Q4 2024 $HTX token burn, destroying 9,982,673,247,009.8082 $HTX tokens worth over $22.47 million.

Enhanced Security and Transparency for User Confidence

In January, HTX prioritized platform security by implementing robust measures to safeguard users accounts, transactions and assets.

Account Security: HTX sent out 380,003 security reminders (339,480 emails and 40,523 SMS) to users, empowering them to proactively address to potential threats. The platform also successfully shut down 6 phishing websites and fake app download sites to prevent users from falling victim to scams.

Transaction Security: HTX focused on blocking abnormal transactions, successfully intercepted 3 withdrawal attempts to scam addresses and  recovering 72,962 USDT for users. Furthermore, the platform resolved 7 incidents involving stolen assets flowing into the platform and assisting in freezing 193,702 USDT in stolen funds.

Advertisement

Asset Security: HTX added 189 new addresses to its blacklist, effectively preventing the inflow of illicit funds by intercepting 4 deposits from these addresses, totaling 624,190 USDT.

HTX has consistently demonstrated its commitment to transparency. The platform updated its Merkle Tree Proof of Reserves for February 2025, revealing that its reserve ratio for major assets (BTC 101%, ETH 100%, TRX 105%, USDT 101%, HTX 104%, XRP 101%, DOGE 100%, SOL 102%) consistently exceeds 100%. This marks the 28th consecutive month of public disclosure of reserve data, readily accessible for users on the “Assets – PoR Reports” page of the HTX official website.

Throughout January, HTX’s customer service team provided exceptional support, assisting 38,642 users and effectively addressing 78,931 inquiries across various areas such as P2P trading, on-chain transactions, 2FA, asset management, and KYC verification. The team’s dedication to providing professional and timely solutions resulted in an 80% user satisfaction rating, fostering a positive and loyal user base.

HTX’s strong January performance demonstrated its ambition and potential for continued success. This success was driven by its strong growth momentum, continuous product optimization, and a vibrant and engaged community. Moving forward, HTX remains committed to enhancing the user experience, driving product innovation, and providing safer, more convenient, and diverse trading services to users worldwide.

About HTX

Advertisement

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services. Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact [email protected]

Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg

 

Advertisement

Cision View original content:https://www.prnewswire.co.uk/news-releases/htx-soars-to-50-million-users-in-january-kicking-off-a-strong-2025-302377117.html

Continue Reading

Blockchain Press Releases

Moby, a Leading Options Protocol, Expands to Berachain Mainnet

Published

on

moby,-a-leading-options-protocol,-expands-to-berachain-mainnet

–    Moby’s Strategic Expansion to Scale Institutional-Grade Trading and Structured Products

–    Pioneering Options Innovation: RFA-Selected Moby Enhances Liquidity Berachain’s PoL 

SINGAPORE, Feb. 17, 2025 /PRNewswire/ —  Moby, the No.1 options protocol on Arbitrum with a total trading volume of $3.5 billion, has officially launched on the Berachain Mainnet.

Berachain is an EVM-identical Layer 1 blockchain that leverages the novel Proof of Liquidity (PoL) consensus mechanism, setting it apart from traditional proof-of-stake (PoS) networks. By embedding liquidity provisioning into its core security model, PoL aligns incentives across validators, applications, and users—ensuring liquidity and security at the network level.

Moby’s pioneering efforts have been recognized through its selection for Berachain’s prestigious Request for Application (RFA) program—an endorsement reflecting the protocol’s robust infrastructure and potential to enhance liquidity across the Berachain ecosystem. Moreover, Moby has secured partnerships with key industry players such as Kodiak, Infrared, PumpBTC and GMX, further solidifying its position within the ecosystem.

Advertisement

Moby offers two key advantages for Berachain traders and institutions: deeper liquidity and exceptionally tight spreads, both designed to ensure an optimal trading environment. Meanwhile, liquidity providers benefit from high passive income, underpinned by stable risk management achieved through real-time automatic hedging.

Additionally, Moby’s Structured Product Vault (SPV) seamlessly integrates with Berachain’s PoL mechanism, providing an efficient yield-enhancing solution. The SPV aggregates PoL rewards and optimizes their yield through algorithmic options trading. It will integrate LST/LRT and Real World Assets (RWA) to expand the on-chain options market.

“The expansion to Berachain is a pivotal step for Moby,” stated Ben, CEO of Moby. “By leveraging Berachain’s PoL model, we are setting the stage for a more liquid and scalable on-chain options market—ushering in a new era of institutional-grade trading and structured products”

Coinciding with its official launch on the Berachain mainnet, Moby introduced an incentive program for early access users. This initiative allows users to earn rewards based on their engagement.

Moby Contacts

Advertisement

Team Moby
[email protected]

About Moby

Moby is an on-chain options protocol to lead the next narrative for DeFi. Moby offers an optimized trading environment based on its pioneering SLE (Synchronized Liquidity Engine) and Dynamic Risk Premium model, which enables real-time accurate pricing, narrowest spread in the market, abundant liquidity, and Robinhood-class UI/UX.

Moby is set to provide new features such as capital efficiency improvement models and structured products to welcome institutions and the traditional TradFi audience.

 Website  Twitter  Discord  Docs  Blog  Telegram

Advertisement

Photo – https://mma.prnewswire.com/media/2621055/Moby_Image.jpg
Logo – https://mma.prnewswire.com/media/2390993/Moby_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/moby-a-leading-options-protocol-expands-to-berachain-mainnet-302377647.html

Continue Reading

Blockchain Press Releases

WSPN Pioneers Stablecoin 2.0 at Consensus Hong Kong 2025

Published

on

wspn-pioneers-stablecoin-2.0-at-consensus-hong-kong-2025

SINGAPORE, Feb. 16, 2025 /PRNewswire/ — WSPN (Worldwide Stablecoin Payment Network) is thrilled to announce its participation in Consensus Hong Kong 2025, marking a significant milestone in the evolution of digital finance. As stablecoins emerge as a transformative force in global finance, with ARK Invest forecasting a $1.4 trillion market by 2030, WSPN is pioneering innovative Stablecoin 2.0 solutions that are reshaping the future of digital payments.

During Consensus Hong Kong on February 19-20, 2025, WSPN will showcase its cutting-edge stablecoin solutions at Booth #2103. Visitors will experience firsthand how WSPN’s technology is driving this trillion-dollar market transformation through more efficient, secure, and transparent payment solutions while ensuring financial stability.

On the eve of the main conference, WSPN, together with industry leaders Solana, RedotPay, and MetaEra, will host an exclusive cocktail reception: “Stable Rise – Stablecoin 2.0: Future of Digital Payment”. This high-profile gathering aims to unite visionaries and innovators who are actively shaping the future of digital payments.

The reception will feature insightful keynote speeches from industry leaders, premium networking opportunities, and discussions on the future of digital payments. Attendees will gain firsthand insights into the technology driving the next trillion-dollar market while exploring partnership opportunities in the rapidly growing Asia Pacific region, solidifying WSPN’s role as a pioneer in the stablecoin ecosystem.

Event Details:

Advertisement
  • WSPN at Consensus Hong Kong 2025: February 19-20, 2025, Booth #2103, Hong Kong Convention and Exhibition Centre
  • “Stable Rise – Stablecoin 2.0: Future of Digital Payment” Cocktail Party: February 18, 6:30 PM – 9:30 PM, Conrad Hong Kong Garden Cafe Terrace. Register here: https://lu.ma/7ebuj5cd

Visit WSPN at Consensus Hong Kong 2025 to discover the future of digital payments through our Stablecoin 2.0 technology. Don’t miss our exclusive cocktail reception to engage with industry leaders and be part of the conversation shaping the future of stablecoins.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

Logo – https://mma.prnewswire.com/media/2429245/WSPN_logo_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/wspn-pioneers-stablecoin-2-0-at-consensus-hong-kong-2025–302377608.html

Advertisement
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE