Blockchain Press Releases
Geek+ drives automation of advanced BMW-producing plant in China
– Geek+ brings its AMR expertise to premium car manufacturer BMW Brilliance Automotive’s vehicle production facility to strengthen digitalization and end-to-end value chain.
SHENYANG, China, June 29, 2023 /PRNewswire/ — Geek+, the global leader in AMR technology, and BMW Brilliance Automotive (BBA), one of China’s leading premium automotive manufacturers, announce the automation of a highly advanced BMW-producing factory in China with Geek+’s goods-to-person picking solution. This makes it the world’s leading BMW-producing facility with goods-to-person AMRs.
BBA’s plant was the first BMW factory in China, and produces iconic vehicles, such as the BMW 5-series, the new X5, and the innovative all-electric iX3. In order to modernize operations and keep up with accelerating demand, BBA chose Geek+’s game-changing goods-to-person solution to shift operations up a gear. The solution was deployed at high speed: The AMRs were in place and underway ahead of schedule in only two months from start to finish.
The plant represents a significant milestone for both companies on the road to Industry 4.0. BBA and Geek+ are working together to develop both software and hardware to power the digital intelligence upgrade. The new software aims to refine warehouse management systems by connecting upstream and downstream systems, while hardware upgrades include customization of the AMRs to meet the unique requirements of BMW and the auto industry.
Ralf Schieder, vice president of BBA Strategy and Logistics, said: “This project is an important step in BMW Brilliance’s move towards smart manufacturing and digital factories, and a key milestone in our logistics transformation! I like to call it ‘collaborative innovation.’ We worked closely with Geek+ to develop an efficient and flexible smart logistics solution, which not only realized the integration and coherence of the warehouse management system, but also provided us with more flexible and faster solutions for future upgrades and renovations, setting a model of a people-oriented sustainable green factory for the industry.”
Yong Zheng, founder and CEO at Geek+, said: “AMR technology holds tremendous potential for the automotive industry, and we are very proud to be able to demonstrate that with what we’ve achieved with BMW Brilliance Automotive. Working together to create digital logistics and advancing the digital standard in the auto manufacturing industry has been a real pleasure. This digital upgrade definitely puts BBA in the driver’s seat for the ongoing digital transformation in their industry.”
In addition to producing high-end cars, the plant is also recognized for its highly sustainable advanced production technology, environmentally friendly plant design, and various environmental protection and energy-saving measures. Geek+ and BBA will continue to build on this success by optimizing operational processes and human-robot interaction to produce automobiles ready for whatever roads lay ahead.
About BMW Brilliance Automotive
Founded in May 2003, BMW Brilliance Automotive Ltd. (BBA) is a joint venture between the BMW Group and Brilliance China Automotive Holdings Ltd. Business operations of BBA include production, sales and after-sales services of BMW automobiles in China. BBA has a state-of-the-art production base in Shenyang, Liaoning Province, a branch company in Beijing and an extensive national sales and service network. The joint venture employees around 20,000 people and has a network of nearly 400 local suppliers. It has been the top taxpayer in Shenyang for 14 consecutive years.
About Geek+
Geek+ is a global leader in robotic solutions for logistics. We develop Autonomous Mobile-Robot (AMR) solutions to realize flexible, reliable, and highly efficient automation for warehouses and supply chain management. Geek+ is trusted by over 700 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1,500 employees, with offices in the United States, Germany, the United Kingdom, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore.
For more information, please visit: https://www.geekplus.com/
For inquiries, please contact:
Benjamin Nylin
Geek+
Global PR and Communications Manager
[email protected]
Tel: +1.470.428.5624
Video: https://mma.prnewswire.com/media/2143960/Geek.mp4
Photo: https://mma.prnewswire.com/media/2143680/Geek_BMW.jpg
View original content:https://www.prnewswire.co.uk/news-releases/geek-drives-automation-of-advanced-bmw-producing-plant-in-china-301866564.html
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.
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.
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.”
The post DLA Piper’s crypto tokenization engine TOKO relaunches as Scintilla appeared first on HIPTHER Alerts.
Blockchain Press Releases
KuCoin Managing Director Alicia Kao Highlights Crypto Education at Blockchain Life 2024
DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — KuCoin, a global leader in the cryptocurrency market, proudly participated in Blockchain Life 2024, one of the industry’s premier events, held in Dubai as Stage Sponsor and Gold Sponsor. This event brought together a diverse group of enthusiasts, professionals, investors, and traders to delve into the ever-evolving world of blockchain and cryptocurrency.
During her keynote speech on “Shaping Crypto Minds with KuCoin: Education Makes Mastery,” Alicia, Managing Director of KuCoin, highlighted the knowledge gaps currently facing the industry. KuCoin is actively addressing these through its various educational initiatives. In the first half of 2024 alone, KuCoin Learn attracted 1.5 million engaged users, while its Learn and Earn program saw participation from over 2.72 million users since its inception. These programs are part of KuCoin’s broader effort to elevate user education and ensure traders and investors have the tools they need for informed participation in the crypto space.
Alicia emphasized the importance of security in her presentation, reiterating KuCoin’s commitment to prioritizing user needs and safeguarding their interests. “At KuCoin, we believe that an educated user is a secure user. Our educational platforms, including KuCoin Learn and KuCoin Campus, are designed to empower our users with knowledge that enhances their trading experiences while emphasizing the critical importance of security,” she stated.
In addition to her keynote, Alicia participated in a panel discussion titled “Crypto Exchanges and Private Investors: Shaping Investment Strategies and Adapting to Market Trends.” The panel explored effective strategies for navigating the crypto industry, focusing on how centralized exchanges (CEXs) can help foster industry growth by aligning with investor needs in changing market conditions.
KuCoin’s presence at Blockchain Life 2024 underscores its ongoing commitment to leadership through education in the cryptocurrency sector. It prepares its users to participate in and excel in the evolving digital economy.
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 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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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-managing-director-alicia-kao-highlights-crypto-education-at-blockchain-life-2024-302285855.html
Blockchain Press Releases
Bybit’s WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors
DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announces the WSOT Copy Trading Fest, inviting crypto traders and investors to compete for their share of an exciting 100,000 USDT prize pool. Running until October 31, 2024, the event offers participants the opportunity to showcase their expertise or leverage the strategies of top traders.
The World Series of Trading (WSOT) 2024 marks the fifth edition of Bybit’s premier crypto trading event, renowned for bringing global traders together. This year’s WSOT features a total prize pool of up to 10,000,000 USDT, with the Copy Trading Fest adding a unique competitive element for both seasoned and beginner traders.
Tailored for All Traders
- Experienced Traders:
- Compete as Master Trader by executing winning strategies and aiming for the 100,000 USDT prize pool. The top 50 Master Traders with the highest PnL will split the 50,000 USDT pool.
- New and Aspiring Investors:
- Join as Follower, copying the strategies of Master Traders to maximize returns without needing advanced technical skills. The top 100 Followers by PnL will split an additional 50,000 USDT pool.
How to Join and Compete
- Choose Your Role: Decide whether you’ll lead as a Master Trader or copy trades as a Follower.
- Meet the Eligibility Criteria: Ensure a minimum $50,000 trading volume during the event to qualify for rewards.
- Accumulate PnL: Both realized and unrealized profits count towards your leaderboard ranking.
- Fast Rewards: All prizes will be credited to the Bybit Rewards Hub within 10 days after the event ends.
Seize the Opportunity Today!
Whether you’re aiming to showcase your expertise or earn passively by following seasoned traders, the WSOT Copy Trading Fest offers a competitive, transparent, and rewarding experience. With the trading community buzzing, now is the time to jump in and claim your share of the 100,000 USDT prize pool.
#Bybit / #TheCryptoArk / #WSOT2024
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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View original content:https://www.prnewswire.co.uk/news-releases/bybits-wsot-copy-trading-fest-offers-100-000-usdt-prize-pool-for-crypto-investors-302285587.html
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