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Blockchain Press Releases

Trianz Launches Extrica Data Mesh Platform on AWS Marketplace, Accelerating Governed Data Access and Usage of Analytics & AI for Global Enterprises

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SANTA CLARA, Calif., July 12, 2023 /PRNewswire/ — Digital transformation software and technology services firm Trianz is thrilled to announce the launch of its configurable data mesh platform Extrica on the AWS Marketplace, offering global enterprises advanced data management capabilities.

As the only data mesh born in the cloud, Extrica empowers businesses and IT to harness data ‘as-is and where-is’; thus bypassing large data migration and management efforts to deliver analytics 50% faster and more cost effectively. The platform revolutionizes data management by enabling businesses to easily create, maintain, and share data products across their ecosystem, regardless of data location or technology. What sets Extrica apart is that it takes a business approach rather than a technical approach enabling non-technical users – all business roles and personas, human or automated – to have different conversations with the organization’s data.

Built on world-leading AWS infrastructure and AWS Athena, Extrica allows businesses and their data-teams to source data from any on-prem or cloud source; productize it for repeatable and personalize use by different users; publish it in a unique “Netflix of enterprise data” marketplace experience and consume in visualization platforms such as AWS Quicksight, Power BI, Tableau, Qlikview, or AI and ML channels such as AWS SageMaker.

“Extrica Datamesh is the result of two years of disruptive innovation in collaboration with the AWS Athena team. We are now making it available worldwide to customers. Regardless of which cloud they use, any business can harness the power and acceleration of the Extrica Datamesh,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “By combining Extrica’s innovative data management and analytics capabilities with the scale, security, and reliability of the AWS Marketplace, we are empowering enterprises to securely unlock the value of their data assets—faster and more cost effectively.”

Trianz Extrica is now available here on the AWS Marketplace, providing organizations with a streamlined and secure pathway to leverage the platform’s capabilities. Or find Extrica by visiting the AWS Marketplace https://aws.amazon.com/marketplace and searching for Extrica.

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About Trianz

Trianz simplifies the digital evolution of companies from strategy through execution. With a unique, multi-disciplinary and collaborative model, Trianz works with clients to transition to new business models, digitalized processes and deliver great experiences utilizing analytics, digital, cloud, infrastructure, and cyber security technologies. Leveraging a portfolio of digital platforms covering digital workplaces, cloud and infrastructure, and analytics, Trianz helps clients accelerate their transformations. Learn more about www.trianz.com/extrica; www.trianz.com/pulse; www.trianz.com/concierto 

Trianz portfolio of technologies and services has been rated #1 by a Fortune 1000 client base for five years in a row. Trianz has been ranked as one of the best Consulting Firms by Forbes and was recently certified as a Great Place to Work. To learn more about Trianz, email [email protected] or visit www.trianz.com.

Trianz Media Team
[email protected]
+1-408-387-5800

About Crossing the Digital Faultline

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Authored by Sri Manchala, Crossing the Digital Faultline is a data-driven analysis of digital transformations worldwide. It explores the causal factors, the tectonic shifts we will see across industries worldwide and the art and science of leading transformations successfully.
Click here to buy. 

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Blockchain Press Releases

Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund

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COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.

UNITED STATES OF AMERICA
Before the 
SECURITIES AND EXCHANGE COMMISSION

In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535

This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.

If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).

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The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter:  www.QuantstampFairFund.com/documents.  

To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail.  Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.

You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.

ADDITIONAL INFORMATION

Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.

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Email:               

[email protected]

Call:                 

833-215-6101

Write:               

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Quantstamp Fair Fund

Fund Administrator

P.O. Box 25381

Santa Ana, CA 92799

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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users

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Humanity Protocol, a $1 billion decentralized, privacy-first digital identity blockchain project, is excited to announce its collaboration with OKX Wallet, which will serve as an identity validator for its testnet ecosystem. This collaboration introduces a seamless way for users to engage with decentralized identity while offering unique rewards for OKX Wallet participants.
Testnet users signing up with OKX Wallet will receive a 10% bonus in their airdrop allocation during the token launch. By connecting their OKX Wallet during the Humanity Protocol testnet registration process, participants will be issued a verifiable credential that confirms wallet ownership. This credential ensures fair distribution and protects user privacy, creating a seamless and secure onboarding experience.
Verifiable credentials form the foundation of Humanity Protocol’s decentralized identity system. These credentials validate wallets as unique OKX Wallet users, safeguarding the ecosystem from fraud, such as duplicate registrations and Sybil attacks. While operating behind the scenes, they play a critical role in maintaining transparency and fairness while enabling privacy-first participation in the network.
“We are thrilled to collaborate with OKX Wallet for our testnet,” said Terence Kwok, Founder of Humanity Protocol. “This collaboration strengthens our mission to create a secure, decentralized identity network. By combining Humanity Protocol’s privacy-preserving solutions with OKX Wallet’s trusted infrastructure, we’re not only simplifying user participation but also fostering trust and fairness across the ecosystem. Together, we aim to set a new standard for privacy and transparency in the blockchain space.”
OKX Wallet, known for its user-friendly design and robust security, plays a critical role in this collaboration by enabling secure wallet verification and streamlining user participation.
Humanity Protocol is dedicated to building a decentralized future rooted in privacy and security. By integrating OKX Wallet as an identity validator, the protocol ensures a trustworthy network that benefits both participants and the broader blockchain community.

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Blockchain Press Releases

HTX Ventures: RWAFi and Stablecoin Payments Set to Dominate the Evolving DeFi Landscape

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SINGAPORE, Jan. 22, 2025 /PRNewswire/ — The DeFi landscape has undergone a dramatic transformation since the “DeFi Summer” of 2020. With Donald Trump assuming office as the President of the United States, a new era of growth for DeFi is emerging, characterized by deeper integration with traditional finance.

HTX Ventures, the global investment division of HTX, has released a forward-looking report titled A New Era for DeFi with Crypto Compliance and New Opportunities in RWA-Fi and Stablecoin Payments. This report analyzes the evolving environment of crypto trading in 2025, focusing on the significant opportunities and challenges RWAFi and stablecoin payments are facing.

Changes in the Crypto Trading Environment Favor Stablecoins and RWAs Prospects

The gradual easing of crypto regulatory policies is facilitating greater institutional investor participation within the crypto ecosystem. This shift has seen stablecoins and RWAs (Real-World Assets) emerge as crucial bridges connecting the traditional finance and decentralized finance worlds.

Data shows a remarkable surge in stablecoins usage in blockchain transactions, which has risen from 3% in 2020 to over 50% by the end of 2024. The core value proposition of stablecoins lies in their ability to facilitate seamless cross-border payments, making them strategically important in international trade.

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The report underscores the immense potential of stablecoins, stating, “At present, the global cross-border B2B payments market processed through traditional channels is valued at approximately $40 trillion, while the consumer remittance market generates hundreds of billions of dollars in annual revenue. Stablecoins offer a new alternative for efficient cross-border payments via crypto channels. As the adoption gains momentum, stablecoins are set to penetrate and disrupt this market segment, becoming a key player in the global payments landscape.”

Furthermore, the U.S. House Financial Services Committee is actively preparing to introduce a stablecoin bill, which has the potential to be the first comprehensive crypto legislation passed by Congress. This legislation could drive widespread adoption of crypto wallets, stablecoins, and blockchain-based payment channels among traditional banks, enterprises, and individuals. Notably, several prominent traditional financial giants, including PayPal and Stripe, have already initiated active exploration within the stablecoin sector.

The RWA market saw positive growth during the recent bear market cycle, primarily driven by its stable returns. Unlike cryptocurrencies, the value of RWAs remains largely unaffected by the inherent volatility of the crypto market, a crucial characteristic for building a robust DeFi ecosystem. Industry leaders like Binance project that the RWA market could expand to $16 trillion by 2030. This immense market potential has driven companies like BlackRock and Tether to explore tokenized assets, leading to the emergence of compliance tools for RWA token issuance, such as Securitize.

Opportunities and Challenges for DeFi Projects

As stablecoins and RWAFi emerge as the cornerstones of the evolving DeFi landscape, project teams are tasked with developing innovative products tailored to the new environment and demands. While challenges are inevitable, these transformative shifts also unlock numerous opportunities.

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In terms of realizing the vision of yield-generating stablecoins, the report identifies two prevailing market trends:

  • Treasury-backed Stablecoins:
    This approach involves utilizing the U.S. Treasury bonds as the underlying assets for stablecoins, effectively introducing traditional financial assets onto the blockchain through tokenization. This methodology preserves the stability and low-risk nature of Treasury bonds while seamlessly integrating the high liquidity and composability inherent to DeFi. Examples include USDY by Ondo Finance and a range of Treasury-backed Vault products from OpenTrade.
  • Volatility-driven Yield: 
    The alternative approach leverages crypto market volatility and MEV to generate low-risk returns. Ethena, along with its native stablecoin USDe, serve as a prime example of this strategy.

Seamlessly integrating DeFi applications with RWAs presents another critical challenge for project teams. On one hand, the inherent stability of RWAs can effectively mitigate risk in DeFi applications. Collateralized Debt Position (CDP) stablecoins, such as Curve’s crvUSD, are increasingly incorporating RWAs as collateral to enhance their stability. On the other hand, the flexibility of DeFi can significantly boost the utilization rate of tokenized RWAs. Pendle’s newly introduced RWA section, boasting a current TVL of $150 million, exemplifies this synergy. Leveraging the composability of DeFi Lego, Pendle’s diverse yield-generating assets can offer highly attractive APYs, incentivizing users to invest in RWA stablecoins.

Emerging DeFi projects still possess significant untapped potential within niche sectors, such as addressing defaults scenarios within the private credit market within RWA domain and  effectively leveraging RWA public chains to empower institutional finance. Looking ahead, the report suggests that on-chain forex, cross-border payment stacks, and multi-pool stablecoin aggregation platforms are among the promising development directions in the “New DeFi” era.

About HTX Ventures

HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify and discover the best and most innovative projects in the market. Visit us here.

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