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Blockchain Press Releases

Shanghai Electric Named One of China’s 500 Most Valuable Brands by World Brand Lab

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SHANGHAI, June 27, 2023 /PRNewswire/ — Shanghai Electric (SEHK:2727, SSE:601727) (“the Company”) has been recognized as one of China’s 500 Most Valuable Brands, according to an annual list published by World Brand Lab, a world’s leading research institute specializing in digital marketing and brand valuation. The 2023 edition of the report, which gauges companies’ brand status based on their financial data, brand strength, and consumer behavior, shows that Shanghai Electric holds the 48th position with a brand value of RMB 172.58 billion (USD 23.99 billion), marking the seventh consecutive year that the Company made it to the Top 50.

“The ranking once again attests to Shanghai Electric’s commitment to technological innovation as the cornerstone of the Company. We view innovation as the driving force behind our rapid development, strengthening our competitiveness as a green-focused company while exploring technological breakthroughs to empower China and beyond to achieve low-carbon targets. Meanwhile, we also place openness and win-win cooperation at the core of our business strategy as we endeavor to bring more value to our partners and accelerate global industrial development,” said Liu Ping, President of Shanghai Electric.

“As we strive to catalyze the innovation of China’s high-end equipment industry, Shanghai Electric has established itself as a key player on the global stage. Over the past few years, we have participated in over 100 power engineering products under the Belt and Road initiative, exploring effective and efficient construction and management models and experience that refine our expertise and equip us with industry-leading solutions,” he added.

Leveraging Green Innovation to Decarbonize Industries

Taking the forefront in driving sustainable growth for the energy and industrial sectors, Shanghai Electric is committed to advancing the development of new power systems and zero-carbon industrial park solutions with the aim to help its customers and partners in reducing carbon emissions. Moreover, Shanghai Electric is actively expanding and diversifying its solution portfolios, facilitating partners in their transition towards greener power sources.

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In partnership with the municipal government of Nantong City, Shanghai Electric has established Hengxi Photovoltaic Technology Co., Ltd as a springboard to propel Nantong’s new energy industry to greater heights. The new company will be instrumental in forming a photovoltaic industry cluster and strengthening the synergy of the solar sector of the city, with the initial phase of the project set to have a production capacity of 4.8 GW for high-efficiency heterojunction (HJT) solar cells and modules.

Armed with seventy years of experience in industrial design, the Shanghai Institute of Mechanical & Electrical Engineering (SIMEE) plays a pivotal role in driving low-carbon development by delivering solutions that help its partners and customers trim down their carbon emissions. The institute, which has clinched over 300 national and provincial awards, holds over 110 patents and invests RMB 100 million in its R&D initiatives for upgrading manufacturing processes, equipment development, and the formulation of new design standards. Volkswagen’s Changsha factory designed by the institute has been granted China’s Green Building Label Certificate for achieving the highest green standards and adopting BIM design management for the entire process.

As the fourth industrial revolution fuels innovations in IoT, big data, robotics, and AI to drive low-carbon production, Shanghai Electrics also harnesses its technological prowess in these fields to provide intelligent manufacturing automation solutions for industries such as lithium batteries, aerospace, automobiles, and security. Shanghai Electric’s lithium battery production line achieves 30% energy savings and a 60% cost reduction, while its aviation automation solutions, which encompass industry-leading lithium battery production equipment, industrial robots, and aerospace automation systems, provide one-stop services for building smart factories.

Pushing for Power Revolution with Win-Win Cooperation

For decades, Shanghai Electric is pioneering global energy innovation to drive green development for the power sector, bringing both economic and social benefits for users worldwide with its solutions that unlock new possibilities.

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2023 marks a new milestone as the Company has completed a 168-hour trial operation of the 660 MW coal-fired power station unit 2 in the Yanghuopan coal-electricity integration project. Designed by Shanghai Electric–SPX Engineering & Technologies Co., Ltd., the project is the first of its kind powered by natural ventilation direct cooling (NDC) system which delivers exceptionally better performance in terms of energy efficiency, emissions reduction, noise reduction, frost resistance, and operational flexibility compared with mechanical ventilation direct cooling (ACC) and natural ventilation indirect cooling (ISC) systems.

Shanghai Electric Power Engineering Company has been selected as the general contractor for Phase I and Phase II projects of the renewable energy power station in Selangor, Malaysia. A key project commissioned by the state’s government to boost the local economy while enhancing the well-being of residents, the station is capable of processing 2,900 tons of waste per day, as well as helping decontaminate and reuse half of the solid waste generated within the state.

In the UK, the 20.8 MW Low Farm project, the seventh installment among a series of eight photovoltaic projects in the country constructed by Shanghai Electric, has been connected to the grid, contributing to the UK’s renewable energy capacity and supporting the country’s efforts in transitioning towards a greener and more sustainable future. The official operation of the project reinforces Shanghai Electric’s position as a leader in the global new energy market and showcases its capability in building large-scale photovoltaic projects in the Western markets that uphold high standards of quality for infrastructure construction.

About Shanghai Electric

Shanghai Electric Group Company Limited (SEHK:2727, SSE:601727), a leading global supplier of industrial-grade eco-friendly smart system solutions with a presence around the world, is dedicated to smart energy, intelligent manufacturing, and the integration of digital intelligence. With the focus on low-carbon development and digital transformation by opening up new arenas and promoting new growth drivers, Shanghai Electric will strive to be a leader in the pursuit of peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, new energy equipment production, and high-end equipment localization, utilizing the boundless opportunities in an innovative industrial ecosystem along with global partners.

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For more information, please visit https://www.shanghai-electric.com/group_en/

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Blockchain

The GAM3 Awards 2024 Winners Announced

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The winners of the GAM3 Awards 2024 have been crowned! The 21 champions were revealed at a live event presented in partnership with Yield Guild Games (YGG) on November 22nd, marking a well-deserved close to the year and celebration of how far the web3 gaming industry has come.

Following an extremely close competition between the top games, creators, and ecosystems in the industry, our GAM3 Awards victors were revealed during the 2-hour in-person event in Manila and across all major live-streaming platforms. Each game, content creator, and ecosystem managed to top their category to stand out amongst their peers based on their tremendous progress made over the past 12 months.

The 2024 Winners

Here is the full list of winners:

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  • Best Fighting Game: Champions Ascension
  • Best Art Direction: Moonfrost
  • Best Browser: Pirate Nation
  • Best Mobile Game: Fableborne
  • Best RPG: Big Time
  • Best Strategy Game: Parallel
  • Best Action Game: Off the Grid
  • Best Casual Game: Pixels
  • Best Sports Game: Sparkball
  • Best Adventure Game: Ravenquest
  • Best Card Game: Parallel
  • Best Shooter Game: Off the Grid
  • Best Content Creator: YellowPanther
  • Best On-Chain Game: Pirate Nation
  • Best Ecosystem: Ronin
  • Games’ Choice: Wildcard
  • Best Esports Game: Parallel
  • Best Multiplayer Game: Off the Grid
  • People’s Choice: Pixels
  • Most Anticipated Game: MapleStory Universe
  • Game of the Year: Off the Grid

Prizes and Partners

Among the exciting updates for our 2024 GAM3 Awards was the increased $5 million prize pool, which consisted of grants, products, services, marketing, and blockchain support from partners such as AWS, XAI, Thirdweb, Aethir, and Community Gaming among others to help finalists and winners grow even further.

This represented a substantial increase from previous years and underscored our event’s commitment to supporting and fostering the next generation of web3 games. In addition to YGG, we also partnered with Arbitrum, Magic Eden, Immutable, Avalanche, and Skale to make this year’s event even bigger and better than previous years.

Jury and Voting

This year’s jury featured over 70 prominent traditional and blockchain gaming figures, with many returning jurors from previous ceremonies. The diverse panel included representatives from powerhouses such as Amazon, Google, Samsung, Ubisoft, Animoca Brands, Immutable, Arbitrum, Blockchain Game Alliance (BGA), Base, Ronin, and Avalanche, as well as content creators and major media outlets such as VentureBeat.

Much like previous years, the voting process saw the jury’s votes represent 90% of the final decision, with the community making up the remaining 10% for most categories except People’s Choice and Best Content Creator, which were both 100% community voting-based, and Games’ Choice, which is based on shortlisted game studios voting for their favorite title game.

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Community voting played a role in deciding the final decisions with over 1 Million votes from over 143k unique voters. Early October marked the GAM3 Awards 2024 announcement. Since then, hundreds of web3 games urged their communities to nominate and vote for them across different categories. Thousands of social posts were spread across partners, games, media outlets, content creators, and community members generating over 60 Million impressions.

Final Thoughts

The GAM3 Awards 2024 ceremony on November 22nd saw a peak viewership of 48k CCV, reaching over 450k views in the first 24 hours alone. Off The Grid by Gunzilla Games took home four awards, including the coveted “Game of the Year” award. This was followed closely by Parallel, who claimed an impressive three awards. Pixels and Pirate Nation took home two awards each!

With over 300+ in-person attendees, viewers got to witness gameplay premiers and exclusive premier trailers from Golden Tides, Unfettered, Elumia, Providence, Shrapnel, Raven Quest, Mighty Bear Games, Revenge, Trail Xtreme, Warped, and more! All of which are a testament to the bright future of web3 gaming as we head into 2025 with the event expected to return next November for its fourth consecutive edition.

The post The GAM3 Awards 2024 Winners Announced appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.

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The acquisition allows clients to compliantly make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature.

PARIS, Nov. 25, 2024 /PRNewswire/ — Request Finance, a leader in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click on/off ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes. Now, Request provides a multi-payee on/off ramp, consolidating its position as the one-stop shop for all finance operations of businesses of all sizes.

Pay.so Lithuania operates under one of the strongest and most reliable regulatory frameworks for companies providing services on digital assets. Pay.so has grown tenfold in just nine months, solidifying its position as a key partner for significant corporations adopting digital currencies. With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.

By acquiring its trusted long-term partner, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for $100 to $100 million transactions.

This acquisition brings uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments.

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Chris Butcher, CEO of Pay.So US, commented, “The acquisition of this regulated Lithuanian entity puts Request in a prime position to double down on fiat payments and extend its lead as the number one crypto accounting and payment solution.”

Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a unique platform, processing millions of dollars of volume daily, on local payment rails worldwide, all while maintaining airtight compliance”.

Valentin Faye, Head of Legal & Compliance at Request Finance, added, “Acquiring a VASP and pursuing MiCA compliance is essential for building trust and long-term growth in our digital finance landscape. We ensure that our operations meet the highest security and transparency standards and that our clients transact confidently across borders in full compliance with regulations. This positions us to support the largest enterprises as they adopt digital currencies. Plus, offering our users the first in a long line of regulated services enables them to manage all their operations with and from our platform.”

Christophe Lassuyt, CEO of Request Finance, mentioned, “This is a game changer for Request Finance which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto, with no crypto on the balance sheet, to those who run compliant finances without a bank account“.

Check out what finance leaders say about Request Finance’s new feature:

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  1. Diego Casanova, Sr Finance Operations Analyst at Decentraland Foundation, mentioned: “We have been using Request Finance since 2022 to streamline our crypto payments. One of the most valuable features for us has been the batch payment option, which simplifies complex transactions. A few months ago, we were introduced to a new feature within the platform, allowing us to make seamless fiat payments using crypto through its off-ramp services. Since then, our experience has been outstanding, with consistent support from the Request Finance team, always attentive to our needs and inquiries.”
  2. Daniel Lustig, Head of Operations and BI at Ocean Protocol, added: “Since the Request team introduced crypto-to-fiat payments, our workflow has become incredibly streamlined. The new solution has enabled us to handle both crypto and fiat transactions seamlessly, allowing us to focus more on our core business without worrying about complex conversions and payment tracking. It’s been a game-changer for our team, providing a new level of transparency we’ve been looking for. Needless to say our auditors love it, too.”
  3. Krisztin Lipárdi, COO at Galaxis.xyz, highlights that “Request Finance has honestly changed the way how I at Galaxis handle payments. Earlier I had to use several platforms and I had to separate Crypto and Fiat payments. Seeing all the invoices at one place and the Crypto to Fiat feature has made my life so much easier. The multi-currency options are perfect for my clients across the globe. I really wouldn’t want to go back to anything else!”

About Request Finance:

Request Finance‘s mission is to enhance crypto adoption by compliant businesses. The all-in-one finance platform for crypto and fiat operations already offers Accounts Payable, Accounts Receivable, Accounting, and direct payments to 190+ countries.

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Blockchain Press Releases

Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar

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DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.

P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:

  1. Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
  2. Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
  3. Trading with confidence: users will gain practical advice and practical tips on how to trade safely.

The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.

10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must  sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.

“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.

P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.

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Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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