Blockchain Press Releases
ZTE’s green networking empowers sustainable development
- At MWC Shanghai 2023, ZTE presented its captivating green ecological island, fully in line with the theme “Green for All”
- ZTE firmly believes that the solution lies in embracing technological innovation and constantly improving products and solutions to enhance the energy efficiency of each data unit in a more intelligent way
- ZTE aims to extend its sustainable development concepts and innovative solutions to other industries, contributing to the digital transformation and advancement of society while prioritizing sustainability
SHANGHAI, June 29, 2023 /PRNewswire/ — ZTE Corporation (0763.HK/000063.SZ), a global leading provider of information and communication technology solutions, exhibited its cutting-edge technological innovations, green and low-carbon visions, and achievements in green networking to visitors at MWC Shanghai 2023. The event was held at the Shanghai New International Expo Center, where ZTE presented its captivating green ecological island, fully in line with the theme “Green for All”.
Achieving a green and low-carbon society is a long-term goal that requires ongoing dedication. As network traffic continues to grow, the challenge of realizing this objective becomes even greater. ZTE firmly believes that the solution lies in embracing technological innovation and constantly improving products and solutions to enhance the energy efficiency of each data unit in a more intelligent way. By prioritizing energy efficiency advancements, ZTE strives to contribute to the realization of a sustainable and environmentally friendly society.
During MWC Shanghai, ZTE exhibited its technological innovations in green energy-saving networks. In the Radio Access Network (RAN), ZTE’s PowerPilot solution, now in its Pro version, achieved significant advancements, enabling comprehensive energy savings of 35%. In the core network, ZTE introduced the industry’s first intelligent green User Plane Function (UPF) based on R17, resulting in intelligent energy savings of 25% during periods of low traffic. ZTE also demonstrated comprehensive energy efficiency optimization solutions in the bearer network, covering boards, devices, and networks. Furthermore, the exhibition showcased ZTE’s innovative VC composite temperature equalization board technology, allowing customers to experience the tangible cooling effect using a temperature gun.
In the realm of telecommunication energy, ZTE unveiled its zero-carbon energy network solution V2.0. This innovative solution integrates cloud-based management for green power generation, high-efficiency power conversion, intelligent energy storage, and precise power consumption. By encompassing the entire power supply chain, this solution achieves comprehensive energy-saving, emission reduction, and efficiency improvement, contributing to a sustainable and low-carbon future.
In its commitment to promoting green energy-saving, ZTE’s solutions are thoughtfully designed with mechanisms like minimum set wake-up and burst traffic protection. These features ensure a seamless user experience while establishing networks that are not only green and energy-saving but also reliable and resilient. By incorporating these mechanisms, ZTE aims to strike a balance between environmental sustainability and providing high-quality network services to its users.
ZTE is deeply committed to sustainable development and is taking strides to pave a digital economy road of trees, contributing to the global goal of carbon neutrality. In 2022, ZTE achieved remarkable results in its green and low-carbon targets, achieving an energy saving of 57.56 million kWh and a total carbon emission reduction of 7.48% compared to the previous year, all while maintaining revenue growth.
On May 24 of this year, at the “ZTE Innovation Day” event held in Shenzhen, ZTE announced its participation in the Science Based Targets initiative (SBTi) for establishing scientifically backed carbon reduction goals. In line with the initiative’s requirements, ZTE will set near-term science-based targets and long-term net-zero targets. The aim is to achieve greenhouse gas emission reduction goals aligned with the 1.5°C warming limit within 5-10 years and attain net-zero emissions by 2050 at the latest.
As a global leader in integrated communication information solutions, ZTE is actively engaged in green-related public welfare activities. ZTE collaborates with the China Green Carbon Foundation to establish the “ZTE Public Welfare Ecological Conservation Special Fund” and carries out tree-planting initiatives in the Baihu River Forest Farm, under the Tangwanghe Forestry Bureau of Yichun City, Heilongjiang Province, to help restore the local ecological environment.
During the Shanghai Exhibition, ZTE introduced its charitable program, “Forest Carbon Sink“, which encourages tree planting through QR code scanning. This initiative was showcased at MWC Shanghai, aiming to raise public awareness about environmental protection and encourage active participation in ecological conservation.
During a media interview, Ms. Chen Zhiping, Vice President of ZTE and General Manager of Branding and Public Relations Strategies, highlighted the outstanding achievements of ZTE in embracing the principles of green and low-carbon practices. By the end of 2022, ZTE’s green network energy-saving solutions had been successfully implemented in more than 30 networks worldwide, encompassing over 1.5 million sites and 250,000 cabinet data centers. These solutions have played a significant role in helping global operators conserve 10 billion kWh of electricity annually.
Ms. Chen emphasized ZTE’s unwavering commitment to its ecological positioning as the “Driver of the Digital Economy”. The company aims to extend its sustainable development concepts and innovative solutions to other industries, contributing to the digital transformation and advancement of society while prioritizing sustainability. Through collaboration with its partner, Anxing, ZTE has made further advancements in enhancing the transparency and accuracy of energy production control data, as well as improving the intelligence of enterprise energy management.
Looking forward, ZTE is determined to continue promoting the sustainable development of the digital economy through ongoing technological innovation. The company will actively explore new and diverse application scenarios in collaboration with its partners, making substantial contributions to both society and the environment.
ABOUT ZTE:
ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global
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DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.
Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.
Key Insights:
ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.
BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.
ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.
Access the Full Report:
Read the full report in context here.
#Bybit / #TheCryptoArk /#BybitResearch
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.
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-derivatives-report-eth-outperforms-btc-302318387.html
GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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View original content:https://www.prnewswire.co.uk/news-releases/bgaming-awarded-peru-supplier-licence-302317696.html
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
Learn more: www.kryptogo.com | X | LinkedIn
View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-leads-the-way-with-top-tier-wallet-security-standards-302318212.html
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