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Free online nominations are now open for Hozpitality Group’s 9th Middle East Hospitality Excellence Awards 2023

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Danube Hospitality Solutions partner with Hozpitality Group to bring the next edition of the prestigious popular choice awards to be held at Arabian Ranches Golf Club in Dubai on 6th Dec 2023.

DUBAI, UAE, July 17, 2023 /PRNewswire/ — Entering in its 9th year, Hozpitality Group opened free online nominations for the 9th Middle East Hospitality Excellence Awards 2023. Danube Hospitality Solutions will be partnering for the Awards in 2023.

“We are now inviting Nominations for all hospitality companies based in MENA region. For more information on the awards, please visit www.hozpitalityexcellenceawards.com ,” said Raj Bhatt, CEO, Hozpitality Group. These are popular choice awards for the hospitality Industry where selections are purely done on basis of online voting, added Raj. 

The voting will be in two phases. Hospitality companies and individuals will be asked to register one of their best candidates/companies for each category. This will be done free of charge and each nominee should have details of why they are being nominated. The final list of nomination will be decided by the Judges, Raj said.

“As always, the nominations as well as voting will be done through our website www.hozpitality.com. Registration is required on  https://www.hozpitality.com/awards  to be able to nominate and vote. Every email address is authenticated, and registration is free. This helps us maintain authenticity of voters and reduce duplicate/false votes,” said Vandana Bhatt, MD, Hozpitality Group.

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Shubhojit Mahalonobis, Director, Danube Home & Danube Hospitality Solutions, said, “I am very excited to partner with Hozpitality Group again for their initiative this year.” We have been supporting Raj and Hozpitality Group every year for the Chef Awards, F&B Awards and Hospitality Awards and we are always excited to support them, he added. 

“As in the previous years, Restofair RAK will be providing the winners with trophies, and we are thankful to all our partners for supporting us every year,” said Vandana. Our Partners for this year are, ZEE TV, Wassup Dubai, Fusia Events, Absolute Frame and ICCA Dubai, added Vandana. Among the other partners are Welbilt Middle East, JM Foods and TCL Laboratories.

“Emaar Hospitality’s Arabian Ranches Golf Club is the venue partner for the outdoor award ceremony this year,” said Raj Bhatt, CEO, Hozpitality Group. The venue looks amazing, and we are expecting a great event as always, added Raj. 

“We will also have a ‘Young Chef of the Year’ category again for chefs under 28 years of age. ICCA Dubai has come together with Hozpitality Group to present a certificate course to the winner of this category along with winner trophies,” said Sunjeh Raja, CEO, ICCA Dubai.

“The Judges for the Awards are prominent hospitality professionals, and these champions will be invaluable in helping us to encourage entries from beyond the UAE and judge them fairly,” said Raj. The Judges will help us reach the final list of nominations for each Category that will be opened for online voting, he added. The list of Judges can be seen at https://www.hozpitalityexcellenceawards.com/judges

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About Hozpitality Group: –

The platform on www.hozpitality.com now offers a community network of Hospitality Companies, Professionals, Institutes, Students and Suppliers around the world. We are a multilingual platform and are available in 6 languages including Arabic, Chinese, Russian, German, Spanish and more languages are being added soon. The website is also available on all Mobile Apps.

Hozpitality is an online platform for professionals from Hotels, Restaurants, Airlines, Travel agencies, Clubs, Cruise Lines, Cinemas, Spas, Schools, Suppliers and Retail. Hozpitality offers Branding options, A Community Network for Employers and Job seekers, a directory of Hospitality Suppliers, Latest Hospitality News, Hotel News, Movements and Appointments and Hospitality Announcements Hotel Industry Recruitment, Professional CV designing, Hospitality Courses etc. We provide an effective platform where all hospitality professionals can come together, network and benefit.

Hozpitality.com offers a selection of best Hotel Management Institutes, Schools and Universities and Hotel management Courses. Hospitality Students can search and apply for Hotel management Courses and join the School’s Alumni and network with their colleagues. Hozpitality also offers a Market Place for Hospitality Suppliers where Hospitality Products, Services, Offers and Deals can be listed and sold to millions of Global Hospitality professionals.

Hozpitality reaches out to over 1.2 million professionals through its 2 group websites, www.hozpitality.com and www.hozpitalityplus.com with Registered Members and Social Media from over 186 countries.

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The dedicated hospitality Media and News website Hozpitalityplus.com, publishes and shares Latest Hospitality News, Announcements, Hotel openings, Promotions, Events, Hospitality Movements and Appointments and Hospitality announcements, Reviews, Blogs etc.

Hozpitality Consulting is a Global Executive Search consultancy based out of Toronto, Canada. Our success lies in building a long term relationship and delivering results quickly and efficiently for a “much lower cost”. We are experts in locating the best possible suitable executive and management candidates for placements in all types of hospitality organizations around the world. Through our matchless database, communication and networking, over the world, we provide our clients with the most skillful candidates.

“Hozpitality Buzz- The inside scoop” is a TV show based on the hospitality industry in Dubai and UAE, is in English and telecast-ed on a premier TV channel in Middle East & North Africa reaching out to approx. 10-12 million viewers. To know more about the TV show, please log on to:- www.facebook.com/hozpitalitybuzz and https://www.youtube.com/Hozpitality 

Middle East Hospitality Excellence Awards are presented to recognize top industry organizations which have shown skill, creativity, ingenuity and success in the Middle East & North Africa’s growing hospitality industry. Log on to www.hozpitalityexcellenceawards.com

To know more about the group, please log on to:
www.hozpitality.com , www.hozpitalityplus.com , www.hozpitalityexcellenceawards.com  

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Contact:-
Raj Bhatt
Founder & CEO
HOZPITALITY GROUP
A SUBSIDIARY OF VR ONLINE GROUP
P.O Box- 119395, Dubai, UAE
Phone:- +971 4 334 31 77, Fax:- +971 4 334 31 78
Email:- [email protected]

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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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