Blockchain Press Releases
2023 AI TAIWAN Future Commerce Was Rounded Off
Witnessed by 42,000 People, Achieving “AI FOR ALL” with Solution Demo and The Exhibition Experience
TAIPEI, July 5, 2023 /PRNewswire/ — A news report from Business Next Media Group:
The 3-day 2023 AI TAIWAN Future Commerce ended successfully on 6/17 (Sat) in Taipei. With the main theme as “AI FOR ALL”, the fair contained ten solution exhibition areas in total, and six new business application theme areas, including more than 200 enterprises to participate in more than 150 wonderful agenda during the exhibition, attracting a total of more than 16,000 people registered, moreover, we hit the record of more than 42,000 visitors in this three consecutive days exhibition, all these participants witnessed upcoming of AI era.
VIP guests come to the scene to feel the charm of generative AI
In view of the goal of 2050 net zero carbon emission, the curatorial team of Future Commerce especially worked with GoodPoint Exchange to create a demonstration area about ESG new business model, where fully presented the new business model of Marine waste, so that the visitors could go through the situation personally, our Vice president of the Executive Yuan Wen Tsan, Cheng also visited this area.
This area is divided into “collection” and “classification and recycling”, showing how to reduce the carbon emission of transportation by more than 30% through cross-industry and cross-departmental collaboration, from cleaning the ocean and the beach, then transport the waste, ends up to make 100% recycled furniture from sea waste raw materials. At the same time, companies will be given a report detailing their contribution to the environment through the use of these furniture, which will become part of the annual Corporate Sustainability Report, increasing the incentive for companies to participate in ESG.
In order to offer our participants a more comprehensive imagination about “AI FOR ALL”, we had the Future AI area on site. Since 2019, the Ministry of Digital Affairs has continued to promote the “AI Application Development Environment Promotion Plan”, with two main axes: Industrial AI and AI industrialization. As the highlights of the exhibition this year, the Ministry of Digital Affairs led potential AI solution providers such as: FAST AI, Aeolus Robotics, OmniEyes, Smart Ageing Tech, iAMBITION TECHNOLOGY, Tachyon Intelligence Robot, Gogolook, GRAPHEN TAIWAN, showing the industrial application of AI, attracting people to stop by and experience.
In addition, 2023 AI TAIWAN Future Commerce understands the infinite possibilities of the future sound economy, so during the fair, we had limited event to invite the audience to experience being Podcaster, personally feel the real working environment of recording Podcast, even Shi si, Wang, Vice Minister of Culture, also contributed her voice.
She especially mentioned when recording Podcast that the application of generative AI will bring enterprises more alternative choices in work, and in this stage of technological growth, we should focus more on how we can create value and bring maximum benefits with AI collaboration, and Shi si, Wang also firmly believes that the era of AI is a moment that will bring a better future and is worth looking forward to.
All industry viewpoints once in place, the eye-moving viewing experience attracts 30,000 interactions
Not only VIP guests visit 2023 AI TAIWAN Future Commerce, more than 150 events are on the agenda, the industry’s top lecturers share first-hand views, and filled the exhibition with lots of knowledge.
At a conference called “Microsoft Generative AI Practice Forum”, the director of Administration for Digital Industries, Zhenghua, Lu said that generative AI is reshaping the new look of future work, so that all industries can become more competitive because of the introduction of generative AI, and bring more inspiration to the market, the Administration for Digital Industries will also work together to establish the entire ecosystem.
Flora Chen, COO of Microsoft Taiwan, shared that enterprise resilience is the key when facing a crisis, and relying on AI assistance will be able to work more efficiently to enhance production capacity and create more work value.
“MarTech” was not only the area with the most stands in this exhibition, but also the most popular speech section of the Forum. Speakers such as Ben Yu, Youtube Greater China Strategic Partner Director, Susan Wang, general manager of LINE Taiwan Enterprise Solutions Business Group, and Andy Yeh, general manager of OneAD shared the importance of customization commerce in the future industrial world. Apart from continuing to uphold the core value of “people-oriented”, the enterprises must learn to display data-driven insights in a creative way, and respond rapidly to market changes, are the key elements of the brand to stand firm in the market and expand business.
Another highlight of 2023 AI TAIWAN Future Commerce is that we cooperated with LINE Biz-Solutions, +ing and Crescendo Lab, introduced eye tracker +Beacon technology, using LINE official account as the platform, provide the most personal experience for each visitor, with only a glance, you can get all key information about the exhibition. In the three days exhibition, create a total of more than 30,000 interactions, at the same time to strengthen the perfect integration of online and offline, we also built an online information desk to meet the needs of visitors in finding stands, looking for maps and activities, up to 30% of the participants believe that this is a great help to the exhibition.
2023 AI TAIWAN Future Commerce has always believed that encountering the fast pace and challenging market, only flexible, innovative and constantly integrating business models have the opportunity to develop sustainably. Driven by the theme of “AI FOR ALL” this year, it also allows people from different fields such as marketing, science and technology to see how many possible scenarios generative AI will bring, and look forward to more blooming applications in the near future.
By the theme of “AI FOR ALL” this year, it also allows people from different fields such as marketing, science and technology to see how many possible scenarios generative AI will bring, and look forward to more blooming applications in the near future.
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View original content:https://www.prnewswire.co.uk/news-releases/2023-ai-taiwan-future-commerce-was-rounded-off-301870030.html
ABU DHABI, UAE, May 10, 2024 /PRNewswire/ — Venom, an innovative layer-0 and layer-1 blockchain network capable of hosting projects at massive scale, has continued to expand its offerings, this time forming a strategic partnership with KuCoin Ventures, the investment arm of KuCoin, a leading global crypto exchange.
The partnership follows on the heels of Venom’s launch into mainnet and the listing of the VENOM token on KuCoin.
One of the most anticipated new blockchain projects, the Venom network, has continued to make inroads across the blockchain industry following its launch into mainnet earlier this year. Venom has drawn attention due to its unique capabilities as both a layer-0 and layer-1 blockchain. The network is powered by Mesh technology, which allows it to communicate seamlessly and at great speed with other, independent networks.
Built to be capable of hosting massive platforms and projects, specifically global payment systems and CBDCs, Venom has emerged as one of the most promising new networks, with capabilities that could revolutionize what is possible in global commerce.
Now, the network has put itself in a prime position to further expand and integrate with other blockchain projects by reaching an agreement with KuCoin, one of the industry’s largest exchanges. KuCoin is one of the top-ten cryptocurrency exchanges with a daily trading volume of well over $500 million.
The new partnership would involve Venom receiving investment support for its VENOM token, while also providing enhanced visibility for projects integrated with the Venom blockchain on KuCoin. KuCoin Ventures will also provide support and resources during and after Venom projects on-boarding process.
Reached for comment on the new partnership, Venom Foundation CEO Christopher Louis Tsu had this to say: “This new partnership with KuCoin Ventures, the investment arm of KuCoin exchange, which is one of the industry’s largest and most important exchanges, marks a new chapter for the Venom network. This will open a lot of new doors for Venom and set the stage for collaborative work that will redefine this industry and allow Venom to reach its full potential. We are all very eager to see this come to fruition and what lies ahead for both us and KuCoin Ventures.”
About Venom:
Venom is a cutting-edge layer-0 and layer-1 network, seamlessly communicating and integrating with other independent networks through its innovative Mesh technology. The Venom ecosystem is anchored by a masterchain, which manages the overall network state and consensus, while workchains — an unlimited number of autonomous chains — host user accounts, smart contracts, and decentralized applications. Mesh technology revolutionizes inter-chain communication, optimizing interactions without compromising speed or unparalleled scalability. With a robust technology stack that ensures rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is the ideal network for hosting CBDCs and other large-scale platforms. Learn more at https://venom.foundation/
About KuCoin:
Launched in September 2017, KuCoin is a leading global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 30 million users in more than 200 countries and regions. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards.
Learn more at https://www.kucoin.com.
Contact for Venom foundation:
Email: [email protected]
Photo – https://mma.prnewswire.com/media/2409905/Venom_Foundation.jpg
View original content:https://www.prnewswire.co.uk/news-releases/venom-and-kucoin-ventures-forge-strategic-partnership-302142400.html
A new bill introduced in the U.S. House of Representatives, known as the Blockchain Integrity Act, seeks to address concerns surrounding the use of cryptocurrency mixers and tumblers. The proposed legislation aims to regulate these privacy-enhancing tools, which are often used to obscure the origins of cryptocurrency transactions.
The bill, if passed into law, would impose strict regulations on the operation of cryptocurrency mixers and tumblers within the United States. These tools, which allow users to mix their funds with those of other users to obfuscate the transaction trail, have raised concerns among law enforcement agencies and regulators due to their potential use in money laundering, terrorist financing, and other illicit activities.
Under the Blockchain Integrity Act, operators of cryptocurrency mixers and tumblers would be required to register with the Financial Crimes Enforcement Network (FinCEN) and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Failure to register or comply with these requirements could result in significant penalties, including fines and imprisonment.
The proposed legislation also seeks to empower law enforcement agencies to investigate and prosecute individuals and entities that operate unregistered cryptocurrency mixers and tumblers. By enhancing regulatory oversight and enforcement capabilities, the bill aims to safeguard the integrity of the blockchain ecosystem and prevent the illicit use of cryptocurrencies.
However, critics argue that the Blockchain Integrity Act could stifle innovation in the cryptocurrency space and infringe on individuals’ privacy rights. They contend that while cryptocurrency mixers and tumblers can be used for illicit purposes, they also serve legitimate privacy-enhancing functions, such as protecting users’ financial privacy and security.
The introduction of the Blockchain Integrity Act reflects growing concerns among policymakers about the potential risks associated with cryptocurrencies and their use in illicit activities. As lawmakers continue to grapple with these issues, it remains to be seen how the regulatory landscape for cryptocurrencies will evolve in the United States and around the world.
Source: cointelegraph.com
The post Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years appeared first on HIPTHER Alerts.
The government-owned KfW Bank, based in Germany, is delving further into its plans to issue digital bonds leveraging blockchain technology. This move underscores the institution’s commitment to exploring innovative financial solutions in the digital age.
The proposed digital bond issuance is poised to mark a significant milestone for KfW, as it seeks to embrace the transformative potential of blockchain technology. By tokenizing bonds on a blockchain platform, KfW aims to streamline the issuance process, enhance transparency, and optimize operational efficiency.
One of the key advantages of digital bonds lies in their potential to reduce the reliance on intermediaries and streamline the entire bond lifecycle. Through blockchain-based tokenization, KfW aims to automate various aspects of bond management, including interest payments and maturity settlements, thereby reducing the need for manual intervention and minimizing operational costs.
Moreover, digital bonds have the potential to enhance liquidity in the secondary market, allowing investors to trade bonds seamlessly on digital asset exchanges. This increased liquidity could attract a broader range of investors, thereby diversifying KfW’s investor base and potentially lowering borrowing costs.
In addition to the issuance of digital bonds, KfW is also exploring the integration of blockchain technology into other areas of its operations. By leveraging blockchain for various use cases, such as trade finance and supply chain management, KfW aims to unlock new efficiencies and drive greater transparency across its ecosystem.
Overall, KfW’s foray into blockchain-based digital bonds underscores its commitment to innovation and its recognition of the transformative potential of blockchain technology. As the institution continues to explore and implement blockchain solutions, it is poised to stay at the forefront of digital innovation in the financial sector.
Source: ledgerinsights.com
The post Government-owned KfW elaborates on blockchain digital bond plans appeared first on HIPTHER Alerts.
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