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Huawei’s Cao Ming: Embrace 5G New Opportunities, Encourage 5.5G New Motivation

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SHANGHAI, June 29, 2023 /PRNewswire/ — At the Mobile World Congress (MWC) Shanghai 2023, Cao Ming, President of Huawei Wireless Solution, delivered a keynote speech titled “Embrace 5G New Opportunities, Encourage 5.5G New Motivation” during the 5G Development and Innovation Forum. In his speech, Mr. Cao noted that 5G has changed the way people live and work, and become an engine driving the digital economy and an enabler of operators’ business success. He added that the continuous upgrade of connected people, connected things, connected vehicles, connected industries, connected homes, and Harmonized Communication and Sensing (HCS) services is giving new motivation for evolution towards 5.5G, and that Huawei will work with the industry to make 5.5G a reality.

5G is a win for both operators and consumers that has taken the mobile industry to the next level and enhanced user consumption through new experiences and applications. 5G has also allowed FWA to thrive and develop into a mainstream service. Additionally, 5G has empowered over 50,000 industry use cases, driving growth across a wide range of industries. In the foreseeable future, 5G is projected to foster new applications, business forms, and models. The upgrading of connected people, connected things, connected vehicles, connected industries, connected homes, and HCS services will further accelerate the stride from 5G to 5.5G.

New Immersive and Interactive Services Boost Connected People Experiences

3D content, immersive experience, and cloud-based services are quickly gaining popularity among individual users, while display and AIGC technologies are making naked-eye 3D a reality. A complete portfolio of XR devices is available including entry-level to mid-range and high-end models, taking experiences and ecosystems to the next level. Cloud phone and New Calling are also prospering. Operators worldwide are testing the commercial capabilities of 10 Gbps in order to improve experience of new services.

All-Scenario Diversified IoT Improves the Scale and Quality of Connected Things

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5.5G IoT will cover all scenarios from high-, medium-, and low-speed to passive IoT, comprehensively reducing the costs of connections. RedCap is already being commercially deployed on a large scale to enable industrial, vehicle-mounted, and wearable connectivity. Furthermore, the quickly maturing passive IoT will improve consumers’ lives in areas such as clothing and food, and enable the real visibility of production, warehousing, and logistics in fully connected factories.

Inclusion in Core Industrial Production Processes Improves Efficiency

With the development of smart and agile manufacturing technologies, 5G has become a necessity in the core production processes, supporting scenarios that require both real-time control and high reliability. The comprehensive improvement of 5G capabilities, such as low latency, high reliability, and high uplink, will expand the wireless connections seen in factories, reducing production line adjustment costs and improving production efficiency.

Ultra-Reliable Smart Transportation Improves Connected Vehicles Capabilities

Technologies like vehicle-cloud, vehicle-road, and vehicle-vehicle collaboration have enabled massive vehicle connectivity to traffic lights and sensors, greatly improving traffic efficiency and management capabilities while reducing the number of traffic accidents. 5G V2X verification has been done in 95% of traffic scenarios, reducing the accident rate by 25% and allowing traffic to move more than 20% faster.

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Diversified Smart Home Services Drive Connected Homes Applications

A wide collection of home services are thriving, from simpler large-screen videos to more convenient smart home appliances, instant cloud gaming, and immersive large-screen 3D. In the Middle East and other regions, leading operators have started providing 10 Gbps home broadband to satisfy new demands and diversify entertainment activities.

HCS Is Bringing New Opportunities for Global Sensing

Backed by HCS technology, 5.5G will expand services from communication only to communication-sensing integration, thus supporting scenarios such as road blind spot detection, accident warnings, marine vessel detection, and unattended vessel operation to advance smart transportation and smart ocean. HCS has been widely verified in the fields typified by smart transportation, and is proven to cost less than conventional network construction.

Mr. Cao concluded his speech by describing how 5.5G will further drive the mobile industry and bring about more possibilities for smart life and digital economy. Huawei will work alongside the industry to promote the inclusion of the 5.5G industry chain within business scenarios and make 5.5G a reality.

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— End —

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 Introduces Omnibus Account Structure to Enhance Liquidity for Brokerage Partners

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VICTORIA, Seychelles, July 19, 2024 /PRNewswire/ — July 23, 2024 – KuCoin, a leading cryptocurrency exchange, is pleased to announce a significant enhancement to its Broker Program, designed to cater to liquidity-seeking partners. This upgraded program enables participants to leverage KuCoin’s superior liquidity and diverse asset offerings across both Spot and Futures markets. With this enhancement, participants can now benefit from KuCoin’s top-tier liquidity, high-revenue shares, unlimited sub-accounts, and independent deposit addresses, allowing for functional flexibility and maintaining their own client management powers.

“Our new brokerage infrastructure is suitable for multiple types of institutional partners, such as crypto exchanges, execution terminals, layer 2 aggregators, OTCs, and traditional financial service providers venturing into crypto,” said Anton Starchenko, Director of Institution Business Development of KuCoin. 

“This upgrade demonstrates our commitment to providing our partners with the tools they need to succeed in the rapidly evolving crypto market.”

By joining the KuCoin brokerage service, brokers gain access to one main broker account with unlimited sub-accounts. Each sub-account features an exclusive deposit address, serving as a wallet to separate funds and trades. Additionally, each sub-account undergoes independent risk checks. These ongoing risk and compliance measures bolster KuCoin’s commitment to protecting partner interests. Broker accounts are subject to separate fee structures, while the broker receives a combined commission based on the cumulative volume across all accounts.

As a leading platform in the cryptocurrency industry, KuCoin is dedicated to providing top-notch security and reliability. The platform employs state-of-the-art security measures, including advanced encryption protocols, multi-factor authentication, and real-time monitoring systems to ensure the safety of users’ assets. KuCoin’s unwavering focus on security and innovation has solidified its reputation as a trusted and forward-thinking exchange in the global crypto market.

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For more information about the KuCoin Broker Program and the new omnibus account structure, please visit KuCoin’s official website.

About KuCoin

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 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 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/ .

Contact Us to Join

Telegram: @KuCoin_Broker

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Email: [email protected]

Book a Product Call here.

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Blockchain Press Releases

Bybit Launches Block Merchant Program, Offering Up to 3,000 USDT in Rewards

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DUBAI, UAE, July 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, announced the launch of its Block Merchant program, designed to empower users to maximize their earnings while buying or selling cryptocurrencies. Through this exciting initiative, Bybit aims to recognize and reward the valuable contributions of its P2P users.

By becoming a Bybit Block Merchant, users can unlock a range of exclusive benefits, including:

  • Lucrative USDT Merchant Rewards: Earn substantial rewards for buying or selling crypto.
  • Enhanced Visibility: Enjoy a prominent position on the platform with a special diamond label and higher priority than Bybit Verified Advertisers.
  • Increased Transaction Limits: Process larger transaction volumes with a single order limit raised to 200,000 USDT.
  • Priority Ad Ranking: Achieve top-tier visibility among advertisers under similar conditions.
  • Swift Appeal Resolution: Benefit from expedited customer service support for any issues.

Bybit is committed to providing its users with exceptional trading experiences and opportunities to thrive in the dynamic cryptocurrency market. The Block Merchant program reflects our commitment, offering users a chance to boost their income while contributing to the growth of the Bybit P2P ecosystem.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 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.

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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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Blockchain Press Releases

Hata obtains full approval from the Securities Commission of Malaysia Launches 30% revenue sharing model on its USD crypto exchange

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  • Hata obtains full approval from the Securities Commission of Malaysia and launched its exchange
  • Support USD onramp and offramp
  • Rolled out affiliate programme, sharing 30% of its trading fee with users who refer others to trade on its Exchange
  • Zero trading fee across major pairs and opportunity to earn crypto airdrop

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — Hata has officially secured full approval from the Securities Commission of Malaysia to launch its exchange. Having obtained full approval from the Labuan Financial Services Authority (a mid-shore jurisdiction in Malaysia) in June 2023, Hata is now the first and only dual-licensed exchange by both onshore and mid-shore regulators in Malaysia.

Filling the gap in Asia with USD onramp and offramp 

Hata operates a US Dollar cryptocurrency exchange, allowing users globally to deposit, trade and withdraw funds in US Dollars. Hata users can also swap US Dollars with USDT for free.

With the foreign exchange market in Asia Pacific recorded at $396 trillion annually[1], Hata aims to serve the large US Dollar foreign exchange market by providing traders and institutions a licensed platform to convert US Dollars into stablecoins to facilitate cross border payments and access cryptocurrency in the region.

“Institutions and high net worth individuals still rely heavily on US Dollars to settle cross border transactions in Asia. With institutional adoption into cryptocurrency on the rise, coupled with weakening local currencies in the region against US Dollar, we foresee users moving their monies into USD pegged stablecoins to conduct transactions.” says David Low, Chief Executive Officer of Hata.

Hata currently supports trading of more than 40 cryptocurrency pairs on its platform that are paired with USDT and US Dollar, with the goal of supporting more crypto products in the near future.

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30% Revenue Share on its Exchange

Hata (www.hata.io) has introduced an affiliate program. Any users who sign up on Hata can refer their family and friends to earn a reward. Hata provides a revenue share of 30% from the trading fees it earns to the affiliates who refer their network to trade on Hata’s exchange.

“This affiliate programme is designed to let users globally capitalise on their network to earn rewards. We hope that this provides an economic opportunity for our users to earn a side income with minimal effort,” says Darien Ng, Chief Revenue Officer of Hata.

Zero trading fees and free airdrop

To further incentivise early users, Hata has also rolled out zero fees for its major crypto pairs, including USD/USDT pair.

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Users who sign up from now until 31 October 2024 and trade on the exchange will be added to a waitlist. Users in the waitlist will have an opportunity to earn free airdrops in the near future.

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