Blockchain Press Releases
Xiatech and OneStock launch the world’s first survey to quantify the business value of MACH technologies
Adyen, Bloomreach, commercetools, Mercaux and the MACH Alliance support global initiative to benchmark the benefits of modern business technology architecture
LONDON, June 28, 2023 /PRNewswire/ — Xiatech, the pioneer of the world’s first ML-powered composable Hyper-Integration Platform, Xfuze, and OneStock, market-leading Distributed Order Management specialists, have launched the world’s most comprehensive end-user survey that will quantify the business value of composability and, specifically, future-proof MACH technologies.
Supported by Adyen, Bloomreach, commercetools, Mercaux and the MACH Alliance, insight from this first-of-its-kind global survey will enable organisations to benchmark the success of their business technology implementations using Microservices-based, API-first, Cloud-native software-as-a-service and Headless (MACH) technologies.
“This survey will help business and technology teams to assess, benchmark and further plan the next steps in their digital transformation strategy so they deliver the greatest return on MACH-related technology investments,” said Jonathan Summerfield, CEO of Xiatech. “We are proud to lead this initiative with OneStock, to quantify the business value of MACH technologies.”
The “Business Value of MACH Technologies Survey” will close on 15 September 2023, with the results published in early October 2023 during a global webinar featuring industry experts.
“The adoption of MACH technologies continues to accelerate as organisations see the benefits and, yet, no one has looked into its true business value, until now,” said Romulus Grigoras, CEO, OneStock. “We are excited to be working with Xiatech and members of the MACH Alliance to quantify the impact MACH-certified technologies are having on the success of organisations around the world.”
Casper Rasmussen, President of the MACH Alliance, commented: “MACH adoption is a growing focus for business and technology leaders because it is empowering organisations to move faster and with agility. We support this survey and the work of Xiatech, OneStock and other members of the MACH Alliance who are focused on promoting the business value of MACH technologies.”
Members of the MACH Alliance supporting this important initiative include:
- “It is critical for businesses to be able to predict and quantify the value of their MACH technology investments. The results of the research will help answer many questions business and technology teams are asking including: what results should we expect from adopting MACH technologies, and what other value can be expected in the future.” – Brian Walker, Member of the Executive Advisory Board, MACH, and Chief Strategy Officer at Bloomreach
- “Delivering superior business results to customers has been a goal of MACH-based companies since the creation of the MACH architecture. commercetools is excited to support the MACH business value survey with Xiatech and OneStock to provide clear, objective data about the positive impact MACH technologies bring to customers.” – Chris Holley, Global Director, ISV Programs, commercetools, Inc.
- “Xiatech and OneStock, with the active support from the MACH Alliance community, are conducting a crucial survey on quantifying the business value of MACH technologies. We strongly believe retailers must embrace MACH principles to thrive in the digital landscape. By integrating these capabilities into physical stores, they can unlock seamless, omnichannel experiences. At Mercaux, we’re proud to offer our MACH-certified solution, empowering retailers with frictionless customer journeys online and in-store, shaping the future of retail.” – David Miller, CMO, Mercaux
- “As the adoption of MACH technologies accelerates, it is vital that we can quantify the value for businesses. We are delighted to support this research and work with fellow members of the MACH Alliance to deepen our understanding of the impact to date, and what businesses can expect in the future. We know that education and learning are key to success for the MACH Alliance, so we are looking forward to seeing the results of this comprehensive survey.” – Alex Speke, Commercial Partnerships Manager, Adyen
Take the Business Value of MACH survey today
Participants of the”Business Value of MACH Technologies Survey” will receive a complimentary copy of the final report at the end of September 2023. The findings of the survey will be discussed in a global webinar in early October. Click here to take the survey.
The user guide to creating a composable business
To help organisations assess, plan and implement a composable business strategy, Xiatech’s team of experts has written a free user guide that answers important questions such as, “Why you need a composable business today,” “What are the building blocks to developing composable business” and “How to establish a composable architecture to power your organisation.” The user guide can be viewed here.
About Xiatech
Xiatech shortens time-to-insights, accelerates digital transformation, and extends the value of legacy technology investments by providing organisations with Xfuze, the world’s first ML-powered composable Hyper-Integration Platform that innovatively connects systems, creates a single view of data and delivers actionable insights in one solution. Developed for the Hyper-Connected economy, Xiatech powers Hyper-Integrated organisations by unifying system integration, process automation, data management, continuous insights and advanced analytics so business and technology professionals have the tools and data to make real-time decisions. To learn more about how organisations are quickly generating value in weeks, visit www.xiatech.co.uk.
About OneStock
OneStock is Europe’s market-leading distributed order management system provider. We help retailers unlock their full omnichannel potential and power some of the world’s most convenient shopping experiences. Our cloud-native SaaS solution improves operational efficiency, increases online revenue and enhances customer experience.
A single view of inventory across all stock locations enables our clients to maximise sales opportunities, enhance fulfilment options, optimise order orchestration, create new omnichannel capabilities, seamlessly manage returns and analyse business performance. OneStock is a proud member of the MACH Alliance and provides best-of-breed solutions for many brands, including: Pets at Home, Jigsaw, Hackett, The Perfume Shop, Dune and Moss. For more information, visit www.onestock-retail.com.
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Blockchain Press Releases
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
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NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet.
The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruyi staff, gourd bottles, and treasure pearls, designed to recreate the mythical atmosphere of the original story. The addition of the Sticky Symbols feature enhances gameplay by keeping special symbols locked in place during free spins, significantly increasing the chances of winning and unlocking larger rewards.
Dark Visual Design and Storytelling Behind Wukong
The visual design of Wukong draws from traditional Chinese art styles, blending elements from Journey to the West. The reels are filled with recognizable symbols like the Ruyi staff, gourd bottles, and treasure pearls. These symbols immerse players in the mythical world of the story, faithfully recreating key moments from the novel, such as Sun Wukong’s havoc in Heaven and his encounters with the White Bone Demon.
The game’s background is rooted in Journey to the West, where Sun Wukong embarks on a journey with the monk Tang Seng and his companions to obtain sacred scriptures. Each detail of the game is carefully crafted to bring this legendary tale to life, offering a unique gaming experience and a tribute to Chinese culture and mythology.
Key Features of the Wukong Slot Game:
Free Spins and Bonus Opportunities: Triggering free spins unlocks additional reward mechanisms, increasing the chances of landing big wins.
Sticky Symbols Feature: Special symbols remain in place during free spins, greatly enhancing winning potential.
Up to 10,000x Max Win: The game offers a maximum payout of up to 10,000 times the bet, providing significant winning opportunities.
“Wukong is not just about spinning reels; it’s about experiencing a rich part of Chinese culture. We’ve worked hard to ensure the game is stunning and fun and engaging for players, with layers of features that add excitement. We’re proud to offer a game that blends storytelling with gameplay, and we think players will love the journey through Wukong’s legendary world,” Jack Dorset, CEO of BC.GAME said.
About BC.GAME
BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. citing, fair, and innovative ways to engage with the world of gaming.
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Blockchain Press Releases
WSPN Appoints Former EY Global Chief Innovation Officer Jeff Wong as Independent Director
SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading stablecoin infrastructure company, announces the appointment of Jeff Wong as Independent Director. Mr. Wong brings over 25 years of experience in technology innovation and enterprise transformation to WSPN. He most recently served as EY’s Global Chief Innovation Officer from 2015 to 2024, where he spearheaded the firm’s global innovation initiatives and established EY’s advanced technology labs focusing on Artificial Intelligence, Blockchain, Quantum Computing, and Web3.
Prior to EY, Mr. Wong held leadership roles at eBay and JPMorgan Partners. He is a member of the Council on Foreign Relations, the Forbes Technology Council, and the founding Chair of Asia Society’s Technology and Innovation Council, helping drive the innovation and transformation agenda. He was also a member of the World Economic Forum’s Global Future Council on Innovation Ecosystems. He has previously served on the Oxford Foundry Board at Oxford University and the Advisory Board for AI4All. Mr. Wong is a recipient of the Outstanding 50 Asian Americans in Business award and an honoree of the A100 List by Gold House, recognizing individuals with Asian Pacific heritage who have made a significant impact on American culture and society.
“Joining WSPN at this pivotal moment in the stablecoin industry is incredibly exciting,” said Mr. Wong. “I look forward to contributing my experience in emerging technologies and enterprise transformation to help WSPN build the next generation of digital payment infrastructure.”
“Jeff’s appointment represents a significant strategic addition to WSPN,” said Raymond Yuan, Founder and CEO of WSPN. “His deep expertise in innovation management, enterprise transformation, and emerging technologies, combined with his leadership experience at global institutions, will be invaluable as we accelerate our market expansion and global development.”
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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View original content:https://www.prnewswire.co.uk/news-releases/wspn-appoints-former-ey-global-chief-innovation-officer-jeff-wong-as-independent-director-302338852.html
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