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Blockchain Press Releases

ZTE shines at the MWC Shanghai 2023, shaping digital innovation and witnessing unleashed value

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  • ZTE will present the new value it has created in seven scenarios, allowing MWC attendees to be immersed in innovations of extending technological boundaries, integrating core capabilities, and enabling autonomous intelligence.
  • ZTE will hold the grand Partner Event Day and joint events to engage with global operators, industry partners and thought leaders to share valuable insights, perspectives, and practical case studies on a range of trendy topics.

SHANGHAI, June 27, 2023 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, is set to make a prominent appearance at the Mobile World Congress (MWC) Shanghai 2023 under the theme of “Shaping Digital Innovation” from June 28th to 30th at Shanghai New International Expo Center. Fully connecting with customers and end users, ZTE presents the new value it has created in seven scenarios. At the ZTE booth, MWC attendees will be immersed in innovations of extending technological boundaries, integrating core capabilities, and enabling autonomous intelligence.

Located at B20 in Hall N3, ZTE booth will showcase the Company’s groundbreaking ICT technologies and applications across seven immersive exhibition areas: Industrial Field Network, Stronger Computing Power, Green for All, Wireless Infinity, All Optical World, Phygital Innovation, and Better User Experience.

Joining hands with industry partners, ZTE has rolled out the solution for building fully-connected factories with “Industrial Field Network + ZTE Digital Nebula”. This solution can optimize the value chain for process manufacturing and improve agility in discrete manufacturing, comprehensively building ubiquitous industrial intelligence. An intelligent manufacturing process is simulated at the “Industrial Field Network” exhibition area, involving the scenarios of information center, production management, equipment management, energy & environment protection, and security guarantee. Meanwhile, it showcases how ZTE Digital Nebula enables centralized production control, energy management, security control, AI machine vision, unmanned “3D” jobs, and intelligent logistics in factories, giving an impetus to the high-quality development of enterprises.

The relentless surge in computing power is placing higher demands on the underlying computing power infrastructures, including servers, storage and data centers. ZTE is committed to further enhancing the R&D and innovation of software and hardware products that are related with computing power infrastructures. At the “Stronger Computing Power” exhibition area, MWC attendees can watch the demos of ZTE’s products and solutions for stronger computing power, including scenario-tailored modular data centers, new computing power infrastructure, Cloud DCnet, high-performance optical infrastructure, and cross-domain computing power scheduling. Through multicloud coordination and efficient computing power operation, these products and solutions empower both project builders and operators of the East-to-West Computing Resource Transfer to reduce the cost and monetize computing power.

As a driver of digital economy, ZTE paves a green path to digital economy with innovative technologies. Through extensive collaboration with more than 500 industry partners, ZTE explores technological empowerment for energy-saving, emission reduction, and operational efficiency improvements. The “Green for All” exhibition zone presents innovative solutions in green operations, supply chain, digital infrastructure, and empowering green industries. Dedicated to the four dimensions, ZTE continues to support operators in building end-to-end green and low-carbon networks, fostering harmonious coexistence among societies, environments, and stakeholders.

At the “Wireless Infinity” area, ZTE offers precise network construction solutions covering all scenarios, which are tailored to operators’ demands for high integration, large bandwidth, multi-band frequency, high power, and high capacity. Turbo Core maximizes the value of every bit by software-hardware integration. Steady Core for highly reliable and resilient networks ensure efficient and smooth operations. AI-empowered 5G New Calling creates a superior real-time communication experience through comprehensive upgrades and innovation across devices, networks, cloud platforms, and vertical industries. Digital twin and intent-driven uSmartNet provide better and more intelligent user experiences. Technologies for 5G-Advanced scenarios, such as 5G Non-Terrestrial Network, Zero-Carbon Network, Internet of Low-Altitude UAVs, and Internet of Vehicles, are expected to bring about a 10-fold network capacity increase and unleash enormous value.

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Meanwhile, as a leading player in the all-optical network field, ZTE has launched the solution of high-value all-optical networks, building a high-speed network foundation for the digital economy. At the “All Optical World” exhibition area, ZTE will present the end-to-end product series covering optical terminals, OAN, and OTN. With innovative applications, such as UHD videos, metaverse, and ChatGPT keep emerging, ZTE strives to build optical networks with higher bandwidth and lower latency, and a future-ready digital infrastructure, to embrace ubiquitous connectivity in the 10G era.

The “Phygital Innovation” exhibition zone will demonstrate the innovative values unleashed by ZTE Digital Nebula 2.0. The Company, combining industry demands with product innovation and customization, has introduced the ZTE Digital Nebula platform, a specifically designed digital platform for enterprises. ZTE Digital Nebula 2.0 comes with a comprehensive upgrade in terms of data, algorithms, and computing power, which are known as the three pillars in the digital intelligence era. Together with partners, ZTE will explore more opportunities in various fields to achieve win-win, for example, the digital transformation of large enterprises, critical urban infrastructure, low-carbon industrial parks, big data-driven urban railways, port digitalization, smart ports, and water management based on digital twins. It will enable the modular, flexible, convenient, and highly efficient cloud-network convergence solutions tailored to meet the specific needs of industry clients.

As a global tech leader in smart terminals, ZTE keeps making 5G innovations to build the “1+2+N” Full-Scenario Intelligent Ecosystem 2.0. Attendees will enjoy a full series of smart terminals and mobile devices at the “Better User Experience” zone, including the world’s first AI-powered eyewear-free 3D tablet, the world’s first consumer-grade GPT wireless AR glasses, the world’s first Wi-Fi 7 5G CPE and the first 5G notebook cloud terminal around the globe. These offerings can meet users’ growing demands for visual experience, seamless connection, and extension of senses.

Additionally, ZTE will hold the grand Partner Event Day and joint events during the show, to engage with global operators, industry partners and thought leaders to share valuable insights, perspectives, and practical case studies on a range of trendy topics centering around 5G, future optical network and digital everything.

Furthermore, a dedicated website for the MWC Shanghai 2023 will be presented online, enabling global customers to access the latest updates and exciting happenings of the event anytime and from anywhere in the world. Playing an indispensable role in digital intelligence industry, ZTE actively embraces the momentum of digital transformation. Internally, ZTE adheres to the business philosophy of “Simplicity, Agility, and Openness for Win-Win”. Externally, ZTE positions itself as a “Driver of Digital Economy”, continuously leveraging its connectivity and computing power to strengthen the ICT full-stack core capabilities and collaborating with partners from various industries to build an open and cooperative ecosystem for mutual benefit. ZTE remains committed to shaping digital innovation while expanding its boundaries in transactions, capabilities, and values.

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For more information, please visit:

https://www.zte.com.cn/global/about/exhibition/mwcs23.html

ABOUT ZTE:

ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global

FOLLOW US:

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Facebook  www.facebook.com/ZTECorp
Twitter  www.twitter.com/ZTEPress
LinkedIn www.linkedin.com/company/zte
YouTube www.youtube.com/@ZTECorporation

MEDIA INQUIRIES:

ZTE Corporation
Communications
Email: [email protected]

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Blockchain Press Releases

WSPN Names Austin Campbell CEO of WSPN US to Drive Stablecoin Innovation and Expansion

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SINGAPORE, Oct. 25, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (“WSPN”), a leading digital payments and the issuer of Worldwide USD (“WUSD”), today announced the appointment of Austin Campbell as CEO of WSPN US. Mr. Campbell brings extensive experience in stablecoin markets and digital asset strategy to his new role, including running stable value products at JPM and Citi, managing reserves and risk for the Paxos stablecoins (BUSD, USDP), and having helped to design PYUSD. This appointment signals WSPN’s commitment to building first class financial products and revolutionizing the world of payments with its “Stablecoin 2.0” vision to deliver faster, cheaper, and safer transactions for all.

Building on his significant contributions as Head of Strategy, where he was instrumental in shaping WSPN’s strategic roadmap and identifying new market opportunities for WUSD, Mr. Campbell will now lead the effort in bringing this vision to the US market and beyond. His primary focus will be on:

  • Driving the adoption of WUSD: Leveraging his deep understanding of the stablecoin ecosystem, Mr. Campbell will lead initiatives to establish WUSD as a leading solution for businesses globally.
  • Leading treasury and risk management: Mr. Campbell will leverage his expertise to ensure the stability and security of WUSD, building trust and confidence among users and partners on a global scale.
  • Building a world-class user experience: Mr. Campbell will oversee the development of user-friendly products and services that simplify the use of stablecoins for everyday transactions, regardless of location.
  • Fostering strategic partnerships: Mr. Campbell will cultivate relationships with key players in the financial and technology sectors worldwide to expand WUSD’s reach and impact.

“I am incredibly excited to become the CEO of WSPN US,” said Mr. Campbell. “Stablecoins are key to improving the global financial system. We intend to build the best products for consumers and end users, creating a fair system where people control their own money and have global access to dollars. Our goal is to bring world-class user experience to stablecoins, where many users making payments in dollars won’t even have to think about the fact that they’re using blockchain technology. With WSPN, we’re committed to building a better economic model that fosters a virtuous cycle of adoption, benefiting the entire ecosystem.”

Prior to joining WSPN, Mr. Campbell was the founder and managing partner at Zero Knowledge Consulting, advising on market structure and risk management within the crypto ecosystem. Additionally, he is also an adjunct professor at New York University Stern School of Business, educating the next generation of Web3 leaders. His previous experience, including Paxos, Citi, and JP Morgan, coupled with his thought leadership in stablecoin mechanics, uniquely positions him to lead WSPN US towards a future powered by accessible and equitable financial solutions.

“Austin’s expertise and vision have been instrumental in shaping WSPN’s strategic direction,” said Raymond Yuan, Founder and CEO of WSPN. “We are confident that under his leadership, WSPN US will play a crucial role in driving the mass adoption of stablecoins and transforming the financial landscape for the better.”

****END****

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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

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Blockchain Press Releases

Common Crawl Foundation and Constellation Network Announce Partnership to Bridge Blockchain and AI

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Constellation Network and Common Crawl Foundation are Revolutionizing Web Data Accessibility and AI Development Through Blockchain Technology

SAN FRANCISCO, Oct. 24, 2024 /PRNewswire/ — The Common Crawl Foundation, a non-profit organization founded in 2007, dedicated to providing a copy of the internet to the public, and Constellation Network, a Web3 blockchain ecosystem notable for providing solutions to the US Department of Defense today announced a strategic partnership aimed at democratizing and enhancing the accessibility and utility of web-crawled data on blockchain technology  for artificial intelligence (AI) and data applications.

This collaboration will explore potential opportunities for improving large language models used by AI, starting with Common Crawl’s vast dataset that is used by 80% of Large Language Models, crawled over 250 billion web pages to date (19 billion in 2024 alone), and consists of an archive of nearly 9 petabytes of archived crawled data.  By leveraging Constellation’s decentralized network, Hypergraph, to add immutability, provenance, and auditability around the data the partnership aligns to provide joint solutions around responsible and transparent AI.

With AI projected to be a $3T industry by 2030, there are growing demands for secure solutions to sharing common data sets being used for the training of large language models, improving storage of queried and cleaned data, monetization opportunities for data, and enhanced transparency with the source of data. With Constellation’s unique approach to providing tools to converge existing infrastructure with distributed and decentralized networks, and Common Crawl’s history of data and growth of data utility, this partnership aligns to further democratize data.

“This partnership represents a significant step forward in securing trusted distribution of Common Crawl” said Rich Skrenta, Executive Director of the Common Crawl Foundation. “By combining our comprehensive web archive with Constellation’s proven implementation of blockchain technology, researchers and developers from around the world can trust what they’re getting from Common Crawl and have a model for authenticating large open data sets, such as those used for AI training”.

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Ben Jorgensen, CEO of Constellation Network states,  “The partnership between Constellation Network and Common Crawl highlights mainstream adoption of web3 solutions outside the echo chambers of crypto. This alignment continues Constellation’s mission of our zero trust network being used as a public good for a data-focused future”. Jorgensen continues, “Our aim is to further attract new developers by showcasing capabilities, such as integrating immutability throughout digital workflows, and thus further differentiate ourselves from earlier generations of blockchain technology.”

The two organizations will begin a phased approach to implement this initiative, starting with a customizable subnet, called a metagraph, which will integrate a subset of Common Crawl’s data. This subnet is currently live on their test network and will be soon deployed to Constellation’s public network, Hypergraph. Further details of the live metagraph will be featured in the coming weeks along with information on how organizations and developers can participate.

For more information, please visit:

About Common Crawl Foundation

The Common Crawl Foundation is a 501(c)(3) non-profit organization dedicated to providing a copy of the internet to the public, free of charge. Their web archive consists of petabytes of data collected over years of web crawling, serving as a critical resource for researchers, businesses, and developers worldwide.

About Constellation Network

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Constellation Network is a Web3 blockchain ecosystem that bridges crypto economies with traditional businesses. Its flagship network, Hypergraph, provides a solution for fast, scalable, and zero-fee transactions. Constellation’s Network is validated by the US Department of Defense which has been a customer since 2019.

Note: This press release contains forward-looking statements. Actual results may differ materially from those projected.

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Blockchain

DLA Piper’s crypto tokenization engine TOKO relaunches as Scintilla

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Following a management buy-out by the management team at TOKO FZE, the business has been rebranded as Scintilla, the revolutionary platform providing on-chain solutions and services to make investments more inclusive, accessible, and efficient. Having been developed within DLA Piper’s Law& innovation portfolio, TOKO – now Scintilla has a fresh brand identity, new leadership, and innovative product offerings. Scintilla is set to reshape the future of finance by enabling businesses to unlock the power of blockchain technology across various asset classes, with DLA Piper remaining as a minority shareholder.

Regulated by Dubai’s Virtual Assets Regulatory Authority (VARA), Scintilla is one of the first digital asset companies to gain full market licenses, marking a significant milestone in the sector’s landscape. Being a regulated entity underscores Scintilla’s commitment to the highest standards of compliance and security while pioneering new solutions for tokenization in the global market.

Innovating Finance Through Tokenization

Scintilla offers a comprehensive suite of tokenization services designed to bring liquidity, transparency, and efficiency to traditional finance sectors. From tokenized financial products, and real estate all the way to new legal funding products, Scintilla’s digital asset solutions enable clients to tokenize assets that were previously inaccessible to investors or illiquid.

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Scintilla’s services include:

Advisory Services: The gateway to successful market entry. From initial opportunity assessment to strategic development of game-changing tokenization-based solutions.

Use Case Development: Bringing products to life. From initial POC development and iteration towards MVP all the way through to the full market launch.

Broker/Dealer Services: Creating new markets. Regulated primary market trading, ensuring the highest levels of trust and security within the tokenization space.

Exchange Services: Universal participation. Seamless, secure secondary trading of tokenized assets, with industry-leading technology and compliance standards.

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Scintilla is uniquely positioned to capitalize on the confluence of Dubai’s world-leading regulatory environment, cutting-edge technology, and the burgeoning RWA market.

A New Era for Scintilla

The relaunch of Scintilla represents more than just a rebranding—it signifies the company’s growing ambition to lead in the digital asset space. With an expanded team of industry experts, including continuing Board representation from DLA Piper, and a clear strategic vision, Scintilla is set to drive the adoption of tokenization in traditional financial markets.

“Our relaunch marks the beginning of an exciting new chapter for Scintilla and the wider industry. We are committed to pushing the boundaries of what is possible in digital finance while ensuring our solutions are underpinned by strong regulatory compliance,” said Tim Popplewell, CEO of Scintilla. “With our new suite of products and services, we are empowering investors to transform the way they manage and access value.”

Jean-Pierre Douglas-Henry, Managing Director, Sustainability and Resilience, DLA Piper added: “Innovation is a key strand in our business strategy. As our business focuses on developing and nurturing innovations that add significant value to our clients through our Law& innovation program, it is fantastic to see this solution spun out into the thriving digital asset space for the next stage of its growth and development.”

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The post DLA Piper’s crypto tokenization engine TOKO relaunches as Scintilla appeared first on HIPTHER Alerts.

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