Blockchain Press Releases
Quantum Machines Forges Strategic Partnerships with Leading Korean Research and Investment Groups
SEOUL, South Korea and TEL AVIV, Israel, June 28, 2023 /PRNewswire/ — Quantum Machines, the world’s leading provider of quantum control systems, is pleased to announce the signing of three significant Memorandums of Understanding (MOUs) with prominent Korean research and investment organizations. The MOUs, signed with the Korea Research Institute of Standards and Science (KRISS), Korea Quantum Computing Industry Leaders’ Alliance (QCILA), and Orientom, will foster collaboration and strengthen the relationship between local Korean researchers, Quantum Machines, and the Israeli Quantum Computing Center (QCC), which is being developed and managed by Quantum Machines.
The signing ceremony for the MOUs took place on June 27 as part of Korea Quantum Week at the Dongdaemun Design Plaza in Seoul. It brought together representatives from Quantum Machines, KRISS, QCILA, and Orientom to commemorate the beginning of these substantial collaborations. The event provided an opportunity for stakeholders to share insights, explore potential synergies, and discuss future prospects in quantum computing.
KRISS, the Korea Research Institute of Standards and Science, serves as the national measurement standards laboratory for the Republic of Korea. As a government-funded institute dedicated to advancing measurement technologies, KRISS plays a crucial role in providing a broad range of national standards. This partnership with KRISS will facilitate the exchange of expertise and knowledge in the field of quantum computing, enabling Quantum Machines and KRISS to further advance quantum control systems.
The Korea Quantum Computing Industry Leaders’ Alliance (QCILA) is a consortium of commercial entities in Korea comprising telecom companies, including Telcos, LGE, Samsung, POSCO ICT, and more. The MOU with QCILA aims to foster collaboration between Israeli and Korean stakeholders and facilitate technological advancements through joint efforts.
Orientom, a specialized software company focused on the quantum finance platform, is currently involved in a quantum computing project in the financial sector and has an upcoming project in collaboration with the Korea Meteorological Administration for climate forecasting. Orientom and Quantum Machines are keen to collaborate on equipment and algorithm development, aiming to leverage the broad expertise and capabilities of both entities.
These MOUs represent significant milestones in the global quantum computing landscape. By partnering with leading Korean research and investment groups, Quantum Machines reinforces its commitment to advancing the field of quantum control systems and fostering international collaboration. These partnerships will facilitate knowledge exchange, technology transfer, and joint research efforts, contributing to the accelerated development of quantum computing worldwide.
“We are thrilled to collaborate with esteemed organizations like KRISS, QCILA, and Orientom,” said Itamar Sivan, co-founder and CEO at Quantum Machines. “By leveraging the collective expertise of both Israeli and Korean researchers, we aim to accelerate the development of quantum computing technology and propel the industry to new heights. Through collaborative research, knowledge exchange, and joint initiatives, we are confident in our ability to revolutionize the landscape of quantum computing and drive innovation on a global scale”.
About Quantum Machines
Quantum Machines (QM) drives quantum breakthroughs that accelerate the realization of practical quantum computers. The company’s Quantum Orchestration Platform (QOP) fundamentally redefines the control and operations architecture of quantum processors. The full-stack hardware and software platform is capable of running even the most complex algorithms right out of the box, including quantum error correction, multi-qubit calibration, and more. Helping achieve the full potential of any quantum processor, the QOP allows for unprecedented advancement and speed-up of quantum technologies as well as the ability to scale to thousands of qubits. Visit us at: www.quantum-machines.co
Contact:
Gavriel Cohen
[email protected]
+1-914-336-4633
View original content:https://www.prnewswire.co.uk/news-releases/quantum-machines-forges-strategic-partnerships-with-leading-korean-research-and-investment-groups-301864495.html
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
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According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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