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Blockchain Press Releases

NEW GEP & WORLD ECONOMIC FORUM GUIDELINES MAKE RESPONSIBLE AI IN PROCUREMENT AND SUPPLY CHAINS POSSIBLE

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  • Guidelines launched today enable companies to ensure generative AI is applied responsibly to optimize cost, efficiency, resilience, and advance sustainability in procurement and value chains
  • Practical guidelines developed over the past 18 months by a GEP-led task force of 40+ leading companies, including Boston Consulting Group (BCG), BP, Dell, HCL, IBM, Credo AI, Appen, Pyron, Builder.AI and many other leading enterprises
  • Read Adopting AI Responsibly: Guidelines for Procurement of AI Solutions by the Private Sector here

CLARK, N.J., June 30, 2023 /PRNewswire/ — GEP, leveraging its expertise as a leading provider of AI-driven procurement and supply chain strategy, software and managed services to Global 2000 enterprises, led The World Economic Forum’s year-long task force of more than 40 companies to provide businesses with a comprehensive and practical guide to apply artificial intelligence (AI) responsibly in commercial procurement.

Until now, there have been no standard benchmarks and assessment criteria to help commercial companies utilize AI to transform their enterprises and global value chains responsibly. This guidance enables businesses to evaluate and implement AI solutions to source materials and select suppliers that prioritize sustainable and ethical practices as well as value, cost of supply, and competitive advantage.

“In the gold rush to apply AI to improve how companies source suppliers and manage global supply chains, there is a very real risk that organizations will dehumanize decisions and unintentionally ignore waste, CO2 emissions, and inequality, with devastating consequences to business, communities and the environment,” explained Subhash Makhija, chief executive officer and co-founder, GEP.

GEP and The Forum’s report, Adopting AI Responsibly: Guidelines for Procurement of AI Solutions by the Private Sector, which is available to download from GEP here and The Forum here, specifically provides commercial companies with a framework to:

  1. Develop strategic guidelines for AI in procurement, emphasizing transparency, accountability and human-centered design from development to implementation.
  2. Evaluate potential solutions based on bias, privacy, and security.
  3. Integrate ethical principles into the procurement criteria, operations, and processes.
  4. Deploy strong governance criteria, ensuring ethical principles are applied encompassing risk, equity, environmental impact as well as business and technology considerations.

“This framework is an essential resource for business and procurement leaders who want to guarantee that their organizations are at the forefront of socially responsible AI adoption,” explained Mudit Kumar, vice president, GEP, and lead fellow with The Forum.

Over the past 18 months, GEP and The Forum worked with more than 40 companies, including Appen, BenevolentAI, Boston Consulting Group (BCG), BP, Builder.ai, Credo AI, CrowdAI, CUJO AI, HCLTech, IBM, OmniBot.ai, Pryon, Retrain.ai, Scale AI, The Cantellus Group, and Versatile, to develop the guidance through workshops and interviews with technology, procurement and business leaders. The guidelines are premised on learnings from each member of the task force, for companies to acquire and embed AI technologies in their procurement function.

“Applying these practical steps will increase companies’ confidence that they’re effectively assessing suppliers, identifying risk, predicting disruptions, optimizing costs, and meeting their environmental and social goals, as well as future-proofing their AI investments,” said Kumar. 

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About The World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org)

About GEP

GEP® delivers transformative supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 550 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals. A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters. GEP is also regularly ranked a top supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.

Media Contact
Derek Creevey
Director, Public Relations
GEP
Phone: +1 732-382-6565
Email: [email protected]

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Blockchain Press Releases

Bybit Kicks off USDT Festival with 1.5 Million USDT in Prizes

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DUBAI, UAE, March 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency, celebrates financial innovation with the Bybit USDT Festival in a series of events catering to diverse users. From Bybit Card holders to trading pros, Bybit users and community members are sharing over 1.5 million USDT in prizes through various rewards programs.

Festival Highlights

  • USDT Derivatives Trading Challenge

Half a million USDT await qualified traders in USDT options and futures at the 500K USDT Derivatives Trading Challenge from now to Mar. 31, 2025. Participants will receive USDT bonuses based on their contributions to the total trading volume, regardless of profit and loss percentage. This inclusive structure allows both individual and institutional traders to earn additional rewards from the 500K USDT prize pool alongside their trading profits.

  • Spending Smart with the Bybit Card

As part of the USDT Festival, the Bybit Card will activate a limited-time offer for eligible new users. In addition to the 10% cashback exclusive offer for newcomers, successful new applicants will also gain an instant 10 USDT cashback by simply signing up and spending at least 200 USDT or its equivalent. Between Mar. 10 and Mar. 31, 2025, users can maximize their rewards by setting USDT as the default cashback option for future transactions.

  • Bybit Learn: Read-to-Earn USDT Festival Special

Bybit users will be able to take advantage of Bybit Learn’s Read-to-Earn program and enroll in USDT-themed courses for Bybit Earn and Bybit P2P for extra rewards. Starting this March, Bybit Learn will set aside an additional 20,000 USDT for eligible participants.

  • Social and Community Giveaway 

Bybit fans on official social media and Telegram channels are in for surprises in mini interactive giveaways with 40,000 USDT in prizes throughout March.

  • All-Things USDT at Bybit: USDT Festival Livestream

To find out all about the USDT-related benefits and programs at Bybit this spring, users may watch the replay of the USDT Festival livestream featuring speakers from Bybit’s product team, wealth management unit, VIP team, and Bybit Card. Designed to empower traders with expert insights and exclusive opportunities, the livestream was a deep dive into advanced USDT trading strategies, market trends, and an overview of the exclusive perks and competition mechanisms of the USDT Festival.

  • TradeMasters Grand Prix 2025 Series 1

High-stake traders have concluded the USDT-themed March TradeMasters Grand Prix in its first instalment of 2025, dividing up a 1 million USDT prize pool. 

“The USDT Festival represents our commitment to educating and empowering traders in the dynamic cryptocurrency market,” says Joan Han, Sales and Marketing Director at Bybit.  “Stablecoins are facilitating financial opportunities for millions of people and businesses around the world, achieving instant finality and unparalleled cost efficiency. USDT’s utility is its strength, and we are supporting our users in seeking opportunities in the stablecoin ecosystem through Bybit’s powerful platform and offerings,” she said.

USDT is a leading stablecoin that has maintained a $1 peg to the US dollar since its launch in 2014. With a market capitalization exceeding $140 billion at the time of writing, USDT is the most widely traded stablecoin and plays a critical role in the cryptocurrency ecosystem. USDT’s deep liquidity makes it a bridge between fiat currencies and digital assets, enabling seamless transactions and trading within the decentralized finance (DeFi) space.

#Bybit / #TheCryptoArk

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About Bybit

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

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Blockchain Press Releases

AB DAO Accelerates Global Expansion: Now AB Listed on BitMart & HTX AMA to Explore the Future of Web3

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SINGAPORE, March 12, 2025 /PRNewswire/ — AB DAO announced today that $AB has been officially listed on BitMart (bitmart.com). Next, $AB will soon be listed on Lbank (lbank.com) and Biconomy (biconomy.com), further enhancing global liquidity and ecosystem influence.

At the same time, AB DAO has been invited to participate in HTX AMA, discussing AB public chain technology innovation, Real-World Asset (RWA) integration, and Web3 ecosystem development prospects.

BitMart $AB Trading Details

Trading Pair: AB/USDT
Deposit Opening: March 12, 2025, 17:00 (UTC+8)
Trading Opening: March 13, 2025, 17:00 (UTC+8)
Withdrawal Opening: March 14, 2025, 17:00 (UTC+8)
BitMart Official Announcement:
https://bitmart.zendesk.com/hc/en-us/articles/34819457308187 

HTX AMA: AB Public Chain and the Future of Community Governance

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As part of its global expansion, AB DAO has been invited to join the HTX AMA to explore key topics such as Layer-1 blockchain competitiveness, AB’s innovations in Real-World Assets (RWA), cross-chain interoperability, and DAO governance models.

Event Time: March 13, 2025, 20:00 (UTC+8)
AMA Topic: AB Public Chain: Unlocking the Future of Community Governance
AMA Details & Participation Link:
https://www.htx.com/en-us/live/detail/h5?id=67746&invite_code=sbs66223&inviter_id=11351630 

AB DAO Global Ecosystem Continues to Expand

$AB is now available on the following exchanges:

 Bitget (bitget.com)
 HTX (htx.com)
 MEXC (mexc.com)
 BingX (bingx.com)
 BitMart (bitmart.com)
 Hotcoin (hotcoin.com)
 UEEx (ueex.com)
 4E (eeee.com)

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Coming Soon:

 Lbank (lbank.com)
 Biconomy (biconomy.com)

The listing of $AB on BitMart marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders

Stay Updated with AB DAO

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Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

 

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Blockchain Press Releases

BingX Welcomes DeepLink Protocol to Launchpool, Offering 6,666,667 DLC Tokens for Staking

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PANAMA CITY, March 12, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, introduced DeepLink Protocol ($DLC) to its Launchpool, offering its users access to decentralized cloud gaming experience powered by AI and blockchain technology. The staking pools will open from March 14th for 4 days with a total allocation of  6,666,667 DLC tokens. This collaboration aims to accelerate the growth of the web3 gaming ecosystem by supporting the AI, DePIN and decentralized computing industry with cloud-based infrastructure.

Designed for applications like cloud esports, AAA gaming, and remote gaming setups, DeepLink Protocol is transforming cloud gaming on any device by integrating AI Agents, DePIN, decentralized GPU computing, and ultra-low latency cloud rendering into a seamless ecosystem. Supporting 8K visuals and a 1-millisecond response time, it delivers a seamless experience for over 2.7 million users across 120 countries.

Bringing DeepLink Protocol to BingX Launchpool enhances the platform’s value proposition by introducing a new dimension of blockchain-powered gaming. This integration enables BingX users to benefit from DeepLink’s innovative ecosystem at no cost while reinforcing the platform’s position at the forefront of Web3 advancements.

“At BingX, we are committed to connecting our users with the most promising innovations in the Web3 space,” said Vivien Lin, Chief Product Officer of BingX. “DeepLink Protocol represents a game-changing evolution. Through this Launchpool, we empower our users to access and benefit from emerging blockchain ecosystems while reinforcing BingX as a gateway to the future of decentralized applications.”

This Launchpool event gives users the opportunity to easily engage with DeepLink Protocol before its spot trading goes live. This new integration provides early access to innovative blockchain projects while reinforcing BingX’s commitment to bridging decentralized technology with real-world applications.

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About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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