Blockchain Press Releases
Ping An Bank Chief Information Officer: Technology Supports Sustainability of Finance
HONG KONG and SHANGHAI, June 30, 2023 /PRNewswire/ — Tang Jiacai, Chief Information Officer of Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318), attended the Asia New Vision Forum hosted by Caixin Global, and conducted a sharing on the application of applying technology to support sustainable development on multiple fronts, such as building smart banks, enhancing the security of financial data and promoting financial inclusion.
“Sustainable development is an evergreen topic. Ping An Bank’s mission is to be China’s most outstanding, world-leading smart retail bank. We practice the philosophy of sustainable development, leveraging the advantages of Ping An’s integrated finance ecosystem and technological empowerment to serve the real economy, fulfilling the corporate responsibilities of a financial services company, and making every effort to promote sustainable development.” Mr. Tang said.
Building Smart Banking 3.0 to improve customer experience
In the digital era, the ongoing evolution brought by the global technological revolution and industrial transformation, and the digital elements represented by fintech, the metaverse, the Internet of Things and virtual reality bring challenges and opportunities to the banking industry. “We are carrying the development of Smart Banking 3.0 forward, breaking away from the limitations from products and departments of traditional banks,” Mr. Tang said. “By adopting a customer-centric and data-driven mindset and exploring customers’ preferences for products and services through in-depth KYC (Know Your Customer) process, we provide smart recommendations for financial services to customers.” Ping An Bank is now using intelligent robots for simple, high-frequency, process-oriented tasks to, which enables staff to focus on more complex, high-value tasks. As of the end of 2022, approximately 99% of Ping An Bank’s centralized operations were automated and digitized. Among them, the bank’s AI service representatives provided 24-hours-a-day, seven-days-a-week service to customers, and saved RMB600 million in labor costs.
Ensuring financial data security and improving customer privacy management
While the digitalization of data is thriving, it also comes with inherent security risks, Mr. Tang said. “China’s strict management of data security is about utilizing data effectively within a regulated framework.” He shared two examples on using data in a secure and controllable manner. Firstly, data can be secured through technology, such as establishing a secure network environment and implementing firewalls between different business divisions, he said. Data collection occurs only with customer authorization, and users can only access data that has been specifically authorized by customers. Secondly, data security can also be ensured through managerial means, such as labeling data according to regulatory requirements and implementing a tiered security management system for different data sources. Less sensitive data can be utilized more extensively, while highly sensitive data can have more protection. In 2022, Ping An Bank conducted a comprehensive security audit, which mainly covered areas such as data security management, the information security management framework and procedures, risk management for technology outsourcing, business security management, and employee behavior management. During the same period, the bank also conducted nine information security training sessions for staff, on topics such as data security, personal information protection, information security laws, and information technology outsourcing management.
Promoting financial inclusion
Ping An Bank uses its advantages in fintech, actively promotes the integration of digital technology and financial inclusion, leveraging the internet, cloud computing, big data, AI and other technologies, to improve the accessibility of financial services. As of the end of 2022, Ping An Bank’s balance of loans to small and medium-sized enterprises for inclusive finance was RMB528.226 billion, accounting for 17.11% of the total loan balance, an increase of 38.22% from 2021. For small and micro enterprises, Ping An Pocket Bank App is an innovative online service platform developed by Ping An Bank, providing various benefits, such as waivers for payment and settlement fees, tax, personnel and legal services fees, and loan interest. As of the end of 2022, there were more than 13 million registered users of the Pocket Bank App and the number of transaction users surpassed 4.7 million. For small and medium-sized banks, Ping An Bank launched an online platform to address the pain points of small and medium-sized banks in areas lacking financial services, such as insufficient product supply, and integrated market resources to provide a wealth of products such as funds, bonds and financial management. By the end of 2022, Ping An Bank had served 1,160 small and medium-sized banks, including 1,010 rural financial institutions. Technology has also enabled Ping An Bank, through collaborations with peers, to provide indirect services to small and micro enterprises and farmers in remote counties and villages without increasing its physical branch network.
About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”) strives to become a world-leading integrated finance and healthcare services provider. With nearly 229 million retail customers, Ping An is one of the largest financial services companies in the world. Under the technology-driven “integrated finance + healthcare” strategy, Ping An provides professional “financial advisory, family doctor, and elderlycare concierge” services. Ping An advances intelligent digital transformation and employs technologies to improve the quality and efficiency of its financial businesses and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of 2022, Ping An had RMB11,137,168 million in total assets. The Group ranked 16th in the Forbes Global 2000 list in 2023 and ranked 25th in the Fortune Global 500 list in 2022.
For more information, please visit www.group.pingan.com and follow us on LinkedIn – PING AN.
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DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has added the trending Solana-based AI token, AI16Z, to Bybit Spot on Jan. 6, 2025. The official listing came on the heels of AI16Z’s success on ByVotes, and was followed by a 24-hour gain of 47% after listing on Bybit.
AI16Z was the first ByVotes project to have garnered vast community support for Spot Listing on Bybit in 2025. Since the revamp of the platform, ByVotes has attracted a wave of quality projects from the niche to the high profile. Under the new mechanisms, the Bybit community now has a direct impact on choosing projects for listing on the exchange by casting their votes of confidence via ByVotes. A number of fan favorites made their mark on ByVotes in the past year, including AI-themed LUNAI with a record number of 512 million votes, and other iconic memecoins such as CHILLGUY, LUCE, NEIROCTO, and HPOS10I.
Users may still unlock exclusive rewards trading AI16Z on Bybit Spot in two events: Token Splash and Puzzle Hunt, each with a 50,000 AI16Z prize pool. The token attracted over 72,000 Bybit users in the pre-listing round of community votes on ByVotes, and received some 300,000,000 votes in the two-day voting period.
AI16Z on Bybit Spot
Bybit users have the opportunities to get more out of their AI16Z trades on Bybit:
- AI16Z Token Splash: the newly listed token comes with a 50,000 AI16Z prize pool for both new and seasoned traders. From now to Jan. 20, 2025, the first 3,500 eligible new users to successfully complete two simple tasks will receive 10 AI16Z each. In addition, existing users stand to earn up to 1,000 AI16Z by trading the token.
- AI16Z Puzzle Hunt: A new puzzle hunt for 50,000 AI16Z has kicked off on Bybit. From now to Jan. 21, Bybit users may earn or exchange puzzle pieces for a chance to win from the lucky draw, and the luckiest first 200 users to complete the entire puzzle will get to claim 50 AI16Z.
Registration is required for both events, terms and conditions apply. AI16Z are also available for trades via Bybit Spot Grid Bots.
Since Dec. 25, 2024, the native token of the world’s first investment DAO led by AI agents has doubled in market cap after the listing, well past the $2 billion mark as of this week. Leading the way as blockchain’s decentralized answer to traditional VC, the DAO fuses AI’s advanced power with crypto’s meme culture to raise the bar for intelligent decentralized governance. Powered by the Eliza Framework, the face of the ai16z is AI Marc who is a brainchild of Marc Andreessen.
#Bybit / #TheCryptoArk
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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Blockchain Press Releases
Get Ready for Bybit’s ‘Keynote with Ben’ Livestream: Unveiling 2025 Vision and Exclusive Prize Pool
DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is gearing up to captivate audiences with its highly anticipated livestream event, Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown. The event promises to spotlight Bybit’s remarkable journey, its vision for 2025 and beyond, and a series of groundbreaking innovations that redefine the digital finance landscape.
Scheduled for Jan. 21, 2025, at 8 a.m. UTC, the livestream will feature Bybit’s CEO Ben Zhou delivering insights into the future of Web3, Bybit’s ecosystem expansion, and pioneering advancements in wealth management. With a commitment to shaping the next era of decentralized finance, Bybit aims to inspire and inform both its loyal community and newcomers alike.
Exciting Rewards Await
In conjunction with the keynote, Bybit is launching an exclusive campaign running from now to Jan. 21, 2025. Participants have the opportunity to win a share from a generous 5,250 prize pool in combined rewards, including tokens and P2P coupons. The rewards will be distributed through various activities:
- New User Exclusive: New users who sign up and subscribe to the event early can claim a 5 USDT reward on top of Bybit’s 20 USDT sign-up bonus. This offer is limited to the first 150 participants.
- Spread the Word: By sharing the livestream link on social media and submitting proof of their posts, 100 lucky participants will receive a 5 USDT spot airdrop.
- Trade and Win During the Livestream: Participants who trade at least 50 USDT during the livestream can share a 3,300 CHILLGUY prize pool, while new users depositing 100 USDT or more will compete for a 200 GRASS token prize pool.
- Ask and Earn: By submitting thought-provoking questions through the livestream page, 25 standout participants will win 20 USDT P2P coupons, sharing a total prize of $500.
Unveiling a Bullish Vision
Bybit’s 2025 roadmap includes ambitious milestones and transformative strategies designed to empower its users in the evolving Web3 ecosystem. Attendees of the keynote can expect firsthand insights into the company’s accomplishments and its forward-looking initiatives.
The keynote will feature a retrospective on Bybit’s significant milestones achieved in 2024, the unveiling of new ecosystem expansions, and an exploration of cutting-edge Web3 innovations. Additionally, attendees can look forward to announcements about advanced wealth management solutions designed to empower users in a decentralized future.
Bybit invites its community and beyond to join this milestone event, where vision meets action, and opportunities for rewards are plentiful. While the livestream is sure to inspire, the accompanying campaign ensures tangible benefits for those participating in Bybit’s ongoing journey to the moon.
#Bybit / #TheCryptoArk / #BybitLivestream
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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
TONCASH Secures Strategic Investment from TON Ventures to Scale Crypto Cashback Platform
The investment will enable TONCASH to accelerate the onboarding of millions of users to its innovative crypto cashback platform and build the Web3 standard for best-price shopping.
HONG KONG, Jan. 7, 2025 /PRNewswire/ — TONCASH, the Telegram-native crypto cashback and rewards platform, has received a strategic investment from TON Ventures, the flagship venture fund of The Open Network (TON). The strategic investment will accelerate TONCASH’s mission to onboard millions of users and become the Web3 standard for best-price shopping and on-chain rewards.
Ben Usinger, CEO and Co-Founder of TONCASH, commented: “This investment deepens our collaboration with Telegram and The Open Network, empowering us to deliver the best online shopping and rewards experience for the Web3 audience. With TON Ventures’ strategic support, we’re driving the adoption of on-chain payments, engaging millions of users through innovative cashback mechanics and redefining how brands connect with customers in the Web3 space.”
Since launching its Telegram Mini App in November 2024, TONCASH has gained over 200,000 users and a large following on social media, underscoring its product-market fit and rapid growth potential.
TONCASH users enjoy deals from over 200 top brands, including Apple, Adidas, Binance, or Trip.com, offering up to 80% cashback — redeemable in Bitcoin, USDT, or TON tokens. Beyond cashback, the mini app provides perks such as airdrops and engagement rewards, all while operating seamlessly on any phone with Telegram installed.
With TON Ventures’ backing, TONCASH now pursues an aggressive expansion across Asia-Pacific, Europe, the Middle East, and Latin America, reaching Telegram’s 950-million-user base and connecting global brands to Web3 users through crypto cashback and rewards.
To join the app and benefit from its perks:
Visit: TONCASH website
Join us on Telegram
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