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

Blockchain Press Releases

Frost & Sullivan honours AdaniConneX with South Asian Company of the Year Award for Excellence in Data Center Infrastructure & Operations

Published

on

frost-&-sullivan-honours-adaniconnex-with-south-asian-company-of-the-year-award-for-excellence-in-data-center-infrastructure-&-operations

AdaniConneX has emerged as a market leader for delivering scalable, transparent, secure, and flexible digital infrastructure solutions in line with customers’ business objectives via its consultative approach.

SAN ANTONIO, June 27, 2023 /PRNewswire/ — Frost & Sullivan has honoured AdaniConneX with the 2023 South Asian Company of the Year Award for delivering data center infrastructure and operational excellence. Bringing the energy infrastructure expertise of the Adani Group and Data Center expertise of EdgeConneX, AdaniConneX is emerging as the torchbearer in the region when it comes to implementing Everything-as-a-Service (XaaS), starting with Data Center and Energy infrastructure services, and building towards a seamless common service orchestration and management fabric for digital infrastructure.

India’s soaring Data Growth along with rapid adoption of emerging technologies such as Cloud, AI, IoT, etc., is driving the need for reliable and sustainable Digital Infrastructure, necessary to sustain India’s momentum towards becoming a digital-first nation. In light of these Mega Trends, AdaniConneX has emerged as a key player that is offering an integrated approach towards building digital infrastructure with full-stack solutions, addressing regional requirement with global standards. It delivers products and solutions that address current market gaps, while driving business and technological innovations anticipating future customer needs. The company’s targeted innovation addresses the shortcomings of existing solutions and the technology voids responsible for customer pain points and frustrations.

The company’s ability to leverage its extensive know-how in energy supply management has empowered it to offer customers end-to-end energy security and control, with cutting-edge Data Center solutions that encompass complete digital infrastructure lifecycle, including Data Center Design, Construction, and Operations.

“AdaniConneX adopts a collaborative approach through its holistic end-to-end solutions to engage customers and goes above and beyond just offering services. It acts as a consultant and strategic partner that strives to support customers in achieving their long-term visions,” said Gautham Gnanajothi, global vice-president of research, Frost & Sullivan.  

Advertisement

AdaniConneX’s excellence in implementing visionary scenarios through the use of Mega Trends creates new market opportunities, leading to customer satisfaction while establishing a strong product positioning strategy. This strategy focuses on sustainability, resiliency, and life cycle performance, including cost efficiency, time to market, and the flexibility to adapt to changes. The company serves various vertical segments with solutions tailored to suit individual sector requirements, further fostering its growth. It leads the market by staying at the forefront of technological development and innovations while promoting workforce diversity, inclusion, and skills development.

“AdaniConneX’s futuristic approach towards product and solution development combined with its staunch resolve to fill market voids and customer challenges has placed it in the forefront of this highly competitive industry. Its deep-rooted engineering expertise, along with its strong focus on delivering excellence, have resulted in path-breaking infrastructure and operational best practices, ultimately enhancing customer value,” added Gnanajothi. With its strong overall performance, AdaniConneX earns Frost & Sullivan’s 2023 South Asian Company of the Year Award in the Data Center Infrastructure and Operations industry.

“Our success as the Frost and Sullivan Company of the Year is a testament to the collective efforts of our team, partners, and customers. As we continue to innovate, collaborate, and strive for excellence, we are shaping an industry that is not just about data, but about empowering business, transforming lives, and driving change.”, said Sanjay Bhutani, Chief Business Officer, AdaniConneX.

Each year, Frost & Sullivan presents a Company of the Year award to an organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

Advertisement

About Frost & Sullivan
For six decades, Frost & Sullivan has been 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.

Contact:
Tarini Singh
P: +91-9953764546
E: [email protected]

About AdaniConneX
AdaniConneX, a 50:50 JV between Adani Enterprises and EdgeConneX, was founded with a vision to redefine the data center landscape in India. AdaniConneX envisions to build an environmentally and socially conscious 1GW data center infrastructure platform by leveraging the complementary capacity of the Adani Group, India’s largest infrastructure player, and EdgeConneX, one of the largest private data center operators. In a land of innovators, data center solutions need to be ahead to accelerate ambition and AdaniConneX mirrors this vision of Digital India.

For more information, please visit https://www.adaniconnex.com/

For Media Queries: Roy Paul I [email protected]

Advertisement

Photo – https://mma.prnewswire.com/media/2140240/Frost_and_Sullivan_honours_AdaniConneX_with_South_Asian_Company_of_the_Year_Award.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/frost–sullivan-honours-adaniconnex-with-south-asian-company-of-the-year-award-for-excellence-in-data-center-infrastructure–operations-301863169.html

Continue Reading
Advertisement

Blockchain

Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)

Published

on

blocks-&-headlines:-today-in-blockchain-–-january-28,-2025-(eviancx,-abstract,-venice,-kpmg,-hashgraph-group)

 

Blockchain technology and cryptocurrency continue to redefine industries worldwide, driving innovation and creating new opportunities. In today’s edition of “Blocks & Headlines,” we explore major developments across the blockchain space, highlighting new projects, partnerships, and emerging trends.


Blockchain as a Catalyst for Innovation

The blockchain industry’s transformative potential was the focus of a recent report detailing how decentralized technologies are driving innovation in finance, healthcare, and supply chain management. Blockchain’s transparency and immutability are key factors enabling its adoption across diverse sectors.

In particular, the report noted the technology’s ability to enhance trust and efficiency in processes, reducing costs while improving security.

Advertisement

Analysis: Blockchain’s role as a catalyst for innovation is becoming more evident as industries beyond finance embrace its capabilities. The growing interest underscores the need for continued research and development to unlock its full potential.

Source: Cape Gazette


EVIANCX Enhances Cryptocurrency Usage in Latin America

EVIANCX, a leading blockchain platform, has announced new initiatives aimed at increasing cryptocurrency adoption in Latin America. The company is rolling out solutions to address challenges such as accessibility and education, targeting both businesses and individual users.

By simplifying blockchain technology and expanding infrastructure, EVIANCX seeks to empower communities and drive financial inclusion across the region.

Analysis: Latin America’s growing interest in cryptocurrency is fueled by its potential to address issues such as inflation and limited access to traditional banking services. EVIANCX’s initiatives could significantly enhance the region’s blockchain ecosystem.

Advertisement

Source: GlobeNewswire


Abstract: A Consumer Blockchain for the Masses

The launch of Abstract, a highly anticipated consumer-focused blockchain, marks a significant step toward making cryptocurrency more accessible. Abstract aims to simplify blockchain use cases, offering tools and applications designed for everyday users.

By prioritizing user experience and scalability, Abstract is positioning itself as a gateway for mainstream adoption of blockchain technology.

Analysis: Abstract’s approach to consumer-centric blockchain solutions highlights the industry’s shift toward usability and mass appeal. Simplifying complex systems is crucial for bridging the gap between blockchain enthusiasts and the general public.

Source: PR Newswire

Advertisement

Venice Launches VVV Token to Bridge Blockchain and AI

Venice, a pioneering blockchain project, has unveiled the VVV Token, designed to integrate blockchain with artificial intelligence. The token facilitates data exchange between AI systems and decentralized networks, promising advancements in predictive analytics, automation, and decision-making.

The initiative also includes partnerships with tech companies focused on AI and machine learning, ensuring robust support for the token’s ecosystem.

Analysis: Venice’s innovative fusion of blockchain and AI represents a significant trend in tech convergence. By combining these technologies, the project aims to unlock new possibilities for intelligent, decentralized systems.

Source: CoinSpeaker


KPMG India Partners with Hashgraph Group to Drive Blockchain Adoption

KPMG in India has teamed up with the Hashgraph Group to promote enterprise adoption of Hedera’s distributed ledger technology (DLT). The partnership will focus on delivering blockchain solutions tailored to industries such as finance, healthcare, and supply chain management.

Advertisement

This collaboration aims to leverage Hedera’s high-performance DLT to address scalability and efficiency challenges faced by enterprises.

Analysis: Partnerships like this highlight the growing interest in enterprise-grade blockchain solutions. By collaborating with established firms, blockchain projects can accelerate adoption and address real-world business needs.

Source: PR Newswire


Key Trends and Insights

  1. Consumer-Centric Blockchain: The launch of Abstract underscores the importance of user-friendly solutions in driving mainstream adoption of blockchain technology.
  2. Blockchain-AI Convergence: Projects like Venice’s VVV Token highlight the potential of integrating blockchain with artificial intelligence to create smarter, more efficient systems.
  3. Regional Focus: EVIANCX’s initiatives in Latin America demonstrate the growing importance of localized blockchain solutions that address specific regional challenges.
  4. Enterprise Collaboration: Partnerships such as KPMG India’s collaboration with Hashgraph Group emphasize the role of established enterprises in accelerating blockchain adoption.
  5. Broader Adoption: Blockchain’s application across industries continues to expand, showcasing its versatility and potential to drive innovation beyond cryptocurrency.

The post Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group) appeared first on News, Events, Advertising Options.

Continue Reading

Blockchain Press Releases

Movement Network Foundation Launches Developer Phase of Public Mainnet

Published

on

movement-network-foundation-launches-developer-phase-of-public-mainnet

Announces Cornucopia: A Multi-Asset Liquidity Program for Public Mainnet Beta

GRAND CAYMAN, Cayman Islands, Jan. 28, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, today announced the Developer Phase of its Public Mainnet. This phase continues the momentum from December’s initial mainnet release and establishes the foundation for Movement’s Public Mainnet Beta, scheduled for launch in mid-February.

As part of this milestone, Movement Network Foundation also announced Cornucopia, a multi-asset liquidity campaign that will launch alongside Public Mainnet Beta. This comprehensive liquidity program aims to accelerate ecosystem growth by providing the essential foundation for DeFi applications, enabling deeper market efficiency, and fostering increased protocol adoption from day one.

Developed in partnership with Concrete, Veda Labs, Echelon and Canopy, the program will feature several specialized vaults: The BTC vault will feature Lombard, Lorenzo BTC and SolvBTC. The ETH vault will feature EtherFi and Renzo (ezETH). The $MOVE vault will feature Movement’s liquid staking protocols, Thunderhead, Movernance and Meridian. Anchoring the program is a $100M Ethena stable vault, demonstrating significant institutional commitment to Movement’s DeFi ecosystem.

On December 9, 2024, Movement Network’s initial mainnet beta launched with limited functionality, including permissioned smart contracts and commemorative  NFTs. It also allowed foundational components to begin deploying, including follower nodes and indexers.

Advertisement

Today, the Developer Mainnet enables ecosystem partners to begin deploying their protocols and apps on Movement’s network. From now through mid-February, development teams will systematically implement core infrastructure and test integrations, ensuring a robust environment for Public Mainnet Beta.

MOVEMENT’S KEY MILESTONES:

Developer Mainnet (January 28):

  • Core infrastructure deployment begins
  • Selected partners and DeFi protocol implementation window opens
  • Technical documentation and developer resources release

Public Mainnet Beta (mid-February):

  • Complete network functionality goes live
  • Bridge support via LayerZero integration
  • Permissionless DApp deployment

“The deployment of Movement Developer Mainnet and Cornucopia marks the beginning of a new era for blockchain development. By structuring our launch to include both technical infrastructure and day-one DeFi liquidity, we’re creating an ecosystem where developers can leverage Move’s robust security features while accessing Ethereum’s massive scale. This coordinated approach ensures we’re delivering immediate value for both developers and users,” said Cooper Scanlon, Co-Founder of Movement Labs.

For more information about Movement’s Developer Mainnet, visit movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem  @Move_Collective on Twitter.

About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.

Advertisement

Video – https://www.youtube.com/watch?v=Z2J-JCHspYc

Cision View original content:https://www.prnewswire.co.uk/news-releases/movement-network-foundation-launches-developer-phase-of-public-mainnet-302361649.html

Continue Reading

Blockchain Press Releases

Mercari Launches New Marketplace Mercari NFT

Published

on

mercari-launches-new-marketplace-mercari-nft

Mercari Users Can Now Use Mercari to Buy and Sell Popular NFTs Listed on OpenSea

TOKYO, Jan. 28, 2025 /PRNewswire/ — Mercari, Inc. (“Mercari”) announces that on January 28, 2025, it has launched Mercari NFT, an online marketplace for NFTs[1] on Mercari. The new service allows users to use Mercari to buy and sell popular NFTs[2] available on OpenSea, a major NFT marketplace based in the US. This change kicks off the expansion of Mercari’s business from a marketplace for buying and selling physical items into a digital marketplace for buying and selling NFTs.

PressRelease URL:https://about.mercari.com/en/press/news/articles/20250128_mercarinft/
Mercari NFT URL: https://campaign.jp.mercari.com/pages/nft-2501-org-lp/index.html
 (available only in Japanese)

1. Non-fungible token (NFT): A unique digital asset that cannot be falsified or replicated.

2. Users can only list NFTs purchased on the Mercari NFT platform.

Advertisement

Background

In order to realize Mercari Group’s mission of “circulate all forms of value to unleash the potential in all people,” Mercari has continued to grow its marketplace app, which now boasts approximately 23 million monthly active users as well as a cumulative total of over 4.0 billion listings[3]. In addition to the items and money that circulate on Mercari, the company has expanded the circulation of value by increasing payment locations, creating new credit through Merpay, the Group’s payment and credit business, and by making it possible to trade cryptoassets through Mercoin.

3. As of September 2024

In order to further expand the circulation of value, the company has launched Mercari NFT, a marketplace for buying and selling NFTs. Users will now be able to seamlessly purchase NFTs using their Mercari sales balance without having to apply to create a cryptoasset wallet or open a new account. In addition, users will also be able to easily list the NFTs they purchase on Mercari NFT.

From day one of the service launch, Mercari users will be able to buy and sell NFTs from popular projects on OpenSea, a major NFT marketplace. Going forward, Mercari plans to issue and sell NFT contents together with businesses and IP holders in Japan and overseas in a variety of categories including art, trading cards, and entertainment to further expand Mercari NFT as a digital marketplace.

Advertisement

Mercari NFT Information (as of January 28, 2025)

Item

Details

Features

– Buying NFTs

Advertisement

Users can buy NFTs using the familiar payment methods they use when shopping on the Mercari marketplace, such as Merpay balance and Mercard.

Note: Some payment methods are not available.

Reference: How to make purchases on Mercari NFT

https://help.jp.mercari.com/guide/articles/1902/ (available only in Japanese)

Advertisement

– Collecting NFTs

Users can view a list of the NFTs they own on the “My items & listings” screen.

– Listing purchased NFTs

Just like when selling physical items on Mercari, as soon as an NFT sells, the seller receives the profits as sales balance.

Advertisement

Reference: How to list items on Mercari NFT

https://help.jp.mercari.com/guide/articles/1900/ (available only in Japanese)

Note: There is no comment feature on Mercari NFT listing pages and no transaction message feature when buying and selling items.

Payment methods

Advertisement

The following payment methods are available for buying items on Mercari NFT.

Mercari points

Merpay balance

Merpay Smart Payments (lump-sum payment only)

Advertisement

Mercard (lump-sum payment only)

Note: For details on payment methods, see the following guide.

https://help.jp.mercari.com/guide/articles/1903/ (available only in Japanese)

Payments
fees

Advertisement

Buying
– Users are not charged transaction fees when buying NFTs.
– Users are not charged payment fees when using the payment methods currently available on Mercari NFT.

Regarding price listings that include handling fees:
The displayed prices include handling fees. The amount a buyer pays is the amount displayed on the details screen of the item. There is no need to calculate other handling fees.
Note: The amount displayed on the details screen of the item includes the item’s price, gas fees, consumption tax, and selling fees.

Listing
There are no fees for listing NFTs.

Advertisement

Note: Once a listed NFT sells and the transaction is complete, the seller pays a selling fee of 10% of the NFT’s listing price.

How to
access
Mercari NFT

1. Open Mercari through the Mercari marketplace app or a web browser.
2. Go to My Page and select Mercari NFT.

Advertisement

(Alternatively, open a web browser and go to https://nft.jp.mercari.com/.)
(available only in Japanese)

Note: This information may be subject to future change.

For detailed information on this feature, see the following guide.
https://help.jp.mercari.com/guide/articles/1896/ (available only in Japanese)

Overview of Mercari

Company Name: Mercari, Inc.
Location: Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo 106-6118
Main Business Activities: Planning, development, and operation of the Mercari marketplace app
Representative: Shintaro Yamada

Advertisement

For information about using the Mercari logo and icon, please see the page below.
https://about.mercari.com/en/press/press-kit/mercari/

View original content:https://www.prnewswire.co.uk/news-releases/mercari-launches-new-marketplace-mercari-nft-302361735.html

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