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Huawei at MWC Shanghai 2023: Boosting 5G Evolution Towards 5.5G to Revitalize the Digital Economy

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SHANGHAI, June 28, 2023 /PRNewswire/ — Huawei has shown up in full force for MWC Shanghai 2023, with their activities all falling under their theme of “GUIDE to the Intelligent World”. This year, the company’s activities include an experiential tour that takes audiences to multiple cities to learn about their technology and business, as well as the launch of its newest innovative products and solutions for 5GigaGreen, 5G intelligent core networks, Intelligent OptiX Networks, private line + X products, and other intelligent digital transformation solutions.

At these activities, Huawei will also host numerous roundtables and dialogues with global operators, industry partners, and opinion leaders, to explore a variety of topics which include speeding up 5G prosperity, advancing intelligent digital transformation, and striding towards the 5.5G era to realize business, industry, and social value. The company says its goal is to create new value for customers and revitalize the digital economy through sustained innovation.

Sabrina Meng, Huawei’s Rotating Chairwoman and CFO, gave a keynote titled “Embracing 5G transformation”. She said, “The digital infrastructure of the future intelligent world will be deeply integrated into every aspect of our lives, industry, and society. It won’t be based on advancements in individual technologies, but rather on incredibly massive, complex systems – the convergence of multiple elements. It’s going to require systems-level thinking and design. When watching a chess game, you can see the big picture. But when you’re playing chess, you focus on the details. Likewise, systematic capabilities to integrate technology and transform management are critical for the future success of 5G. First, let’s talk about integrating different technologies. We can achieve greater synergy across cloud, networks, edge, and devices through systematic design and innovation across domains. When coupled with optimization across software, hardware, chips, and algorithms, we can address the challenges associated with developing complex solutions for vastly different industrial scenarios. Next, management transformation. Digital and intelligent transformation is not just about technology itself. It’s more about transforming your approach to management. Going digital requires redefining the relationships between people, events, things, and theory, and adopting a more open, forward-looking management approach to address future challenges.”

There are currently over 1.2 billion 5G users worldwide, and operators who moved quickly to develop 5G are already enjoying the first wave of benefits. This is thanks to the increasing network requirements being set by new applications in various markets. In the consumer market, new services like New Calling, cloud phones, and glasses-free 3D require faster data rates and lower latency, while in the industrial market, the RedCap ecosystem has matured, the passive IoT market is expanding, and the Internet of Vehicles (IoV) requires higher uplink speeds. These all-scenario applications are expected to result in 100 billion connections. These new service models are also expected to drive industry upgrade that will create a second wave of benefits.

Commercial 5G services hit the market four years ago, and has since been introduced to more than 17,000 private-network projects around the world. Both revenue from 5G private networks and the number of industrial connections have tripled. In addition, many operators have leveraged the CNY10 billion in revenue earned from 5GtoB private networks to drive a CNY100 billion increase in DICT revenue from cloud, data storage, and platform services. While many 5GtoB services were piloted in China, they have since expanded to other parts of the world, and have been commercially replicated in Asia Pacific, Europe, the Middle East, and Africa. These services allow industry customers to reduce costs and improve efficiency, while enabling intelligent digital transformation in industries like manufacturing, ports, mines, oil fields, and healthcare.

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5.5G is also rapidly approaching for the communications industry. 5.5G technologies are expected to improve network capabilities 10-fold and create 100 times more business opportunities for operators. At this year’s MWC Shanghai, Huawei is showcasing four of the major features of 5.5G – 10 Gbit/s downlink, 1 Gbit/s uplink, 100 billion connections, and native AI. It is also exploring the five connectivity areas expected to go mainstream with 5.5G – connectivity for people, for things, for vehicles, for industries, and for homes. Huawei has already started helping a number of operators around the world begin commercial verification of 5.5G. The 5.5G industry will continue growing quickly as the first release of 5.5G standards is expected to be frozen in the first half of 2024 and related technologies have already been extensively verified.

MWC Shanghai 2023 runs from June 28 to June 30 in Shanghai, China. Huawei will showcase its products and solutions at stands E10 and E50 in Hall N1 of Shanghai New International Expo Centre (SNIEC). Together with global operators, industry professionals, and opinion leaders, we dive into topics such as speeding up 5G prosperity, striding towards the 5.5G era, and intelligent digital transformation. 5.5G creates new business value in areas like connecting people, Internet of Things (IoT), and Internet of Vehicles (IoV), supporting countless industries as they move towards an intelligent world. For more information, please visit: https://carrier.huawei.com/en/events/mwcs2023.

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Blockchain Press Releases

KuCoin Shines at The Gateway Event, Advocating for Blockchain Innovation Through TON

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DUBAI, UAE, Nov. 2, 2024 /PRNewswire/ — KuCoin, a global leader in the cryptocurrency exchange arena, is thrilled to announce its active participation at this year’s premier TON community event, The Gateway. The annual conference, renowned for uniting key players in the TON ecosystem, aligns perfectly with KuCoin’s mission to democratize cryptocurrency and expand its reach across the globe.

Representing KuCoin at the event was Alicia, who took part in the insightful panel discussion on “Perspective Sectors on TON for VCs and Exchanges.” Her presence underscored the vibrant potential of the venture capital market within emerging blockchain technologies, particularly the TON ecosystem. Alicia’s discussion highlighted how TON’s seamless integration with Telegram presents unique opportunities for innovation and user engagement, resonating with KuCoin’s strategic initiatives to bridge social connectivity with financial transactions.

“TON’s integration with Telegram not only simplifies the user experience but also amplifies it, making it a gateway for millions to engage with Web3 technologies,” Alicia stated. She emphasized KuCoin’s commitment to leveraging this synergy to enhance secure, user-friendly trading experiences, thus furthering its mission of putting crypto in every pocket.

KuCoin’s participation in The Gateway event reinforces its dedication to fostering a secure, robust, and accessible trading environment, paving the way for a new era of crypto and blockchain integration.

About KuCoin

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Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/

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Blockchain Press Releases

UBS Asset Management launches its first tokenised Money Market Fund, available through DigiFT

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SINGAPORE, Nov. 2, 2024 /PRNewswire/ — UBS Asset Management, launches its first tokenized investment fund “uMINT”, made available through authorized distribution partner, DigiFT.

With DigiFT, investors can subscribe to uMINT using their preferred custody wallet solution, gaining access to real-time redemption capabilities via DigiFT’s platform. uMINT, a Money Market investment underpinned by high quality money market instruments based on a conservative, risk-managed framework, is built on Ethereum distributed ledger technology and issued under UBS Tokenize, UBS’s in-house tokenization service, a full service offering for digital asset services, that seeks to open the door to the world of decentralized finance to a broader range of market participants.

“We’re honoured to be an authorized distribution partner for UBS Asset Management in launching their first tokenized money market fund. This is a significant milestone in the world of Web3, and a testament of our ability to transform capital markets. Not only does this partnership bridge traditional finance with digital and decentralized technologies, it also demonstrates our ability to deliver next-generation investment solutions on an open network – for a new generation of global investors,” said Henry Zhang, Founder & Chief Executive Officer of DigiFT.

As part of the partnership, DigiFT will provide infrastructure for managing and monitoring on-chain distribution activities and transactions for the new tokenized money market fund. Enabled by blockchain technology, DigiFT’s best-in-class, open infrastructure ensures all transactions are stored and recorded on an immutable ledger, providing real-time operational and audit visibility. Beyond streamlining administrative processes, DigiFT is able to leverage smart contracts and facilitate automated compliance and operational efficiencies, further allowing investors to invest and explore new financial Web3 use cases.

DigiFT is the first exchange deploying smart contract methods and processes, with an automatic market-making mechanism, to be recognized as a Recognised Market Operator (RMO) and awarded the Capital Markets Services (CMS) license by the Monetary Authority of Singapore.

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About DigiFT

DigiFT is the first exchange for on-chain real-world assets to be licensed by the Monetary Authority of Singapore. Find out more www.digift.sg

For media enquiries, please contact [email protected]

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Blockchain Press Releases

Bybit Protects First-Time Copy Traders Against Potential Fiat Losses in Limited-Time Offer

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DUBAI, UAE, Nov. 1, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced new fiat protection for trading novices to counter potential market risks. First-time depositors may enroll to protect their investment in Bybit’s Fiat Loss Coverage Frenzy campaign this season.

From now to Dec. 1, 2024, Bybit is offering up to 100 USDT in Fiat Loss Coverage Vouchers (“the Voucher”) for as little as 100 USDT in first-time trading. Users making a first-time deposit and lured by the power of Copy Trading may sign up for the exclusive event for a confidence boost as well as potential capital protection.

The generous offer is available for eligible users only and the number of Vouchers is limited. Users may follow three simple steps to seize an opportunity to minimize their risk of asset devaluation:

  1. Deposit: Users making a first-time deposit of at least 100 USDT in any currency via Bybit P2P, Fiat Deposit or One-Click Buy
  2. Claim the Voucher: Access the “Claim” button at the Bybit Copy Trading page for up to 100 USDT in Fiat loss coverage
  3. Explore Copy Trading: Choose the first Master Trader wisely and execute the first copy trade in the amount of at least 100 USDT in either Smart Copy Mode or Advanced Copy Mode. Should the trade result in a loss, holders of the Voucher will be reimbursed up to the Voucher value.

Fiat and crypto solutions on Bybit come with copious benefits and rewards, including innovative mechanisms to enhance Bybit’s protection of users’ interests. The exchange is also trusted for its deep liquidity and tried-and-tested reliability, 24/7 customer support, and diversity of products and solutions.

“Investing comes with risks, and for retail investors starting to diversify into crypto, we’ve got their back. This campaign is a gesture of support and an invitation into the world of digital assets for new users, and Bybit serves to take away some of the stress for a better trading experience,” said Joan Han, Sales and Marketing Director at Bybit. “I hope it offers extra protection for new traders as they embark on their journey,” she added.

Visit Bybit Fiat and explore Bybit Copy Trade for more information, terms and conditions apply.

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#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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube 

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