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Blockchain Press Releases

GraphDB and Knowledge Graph Leader Ontotext Taps Former Gartner VP Sumit Pal as Strategic Technology Director

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Data management and analytics expert to help educate and evangelize how organizations can gain unprecedented knowledge and insights from diverse data sources.

NEW YORK, July 17, 2023 /PRNewswire/ — Ontotext, the leading global provider of enterprise knowledge graph (EKG) technology and semantic database engines, announced that Sumit Pal, former Gartner VP and Analyst for Data Management and Analytics has joined the company as Strategic Technology Director. In this role, he will be responsible for educating prospects and customers on the benefits of semantic knowledge graphs and graph databases. He will help drive Product, Sales, and Marketing teams to evolve messaging and product capabilities and to identify ways to improve and implement wider deployments across industries and enterprise use cases.

 

As a leading provider of both knowledge graphs and graph databases, customers select Ontotext as their data management and integration provider due to its ability to maximize the power of  data, enable effective analytics, and identify diverse facts and rich metadata using Semantic Web standards. To learn more visit: https://www.ontotext.com/products

“Ontotext’s technology and solutions are used across the value chain of the most knowledge intensive enterprises in many industries, including Financial Services, Healthcare, Pharma, Manufacturing, Infrastructure, Energy and Publishing. Ontotext’s technology enables them to apply cognitive technologies for large knowledge graphs, metadata management and content analytics that is proven in various enterprise environments,” said Pal. “I am thrilled to join this progressive company and look forward to evangelizing the value that enterprises can achieve by identifying meaning across diverse datasets and massive amounts of unstructured information.”

Mr. Pal has more than 30 years of experience in the data and software industries and has served in various roles spanning startups to enterprise organizations. In these capacities, he built, managed and guided teams and developed scalable software systems across the stack from middle tier, data layer, analytics and UI using Big Data, NoSQL, DB Internals, Data Warehousing, Data Modeling, and Data Science.

While at Gartner, he served as an advisor to CTO/CDOs, Enterprise and Data Architects, Data Engineers, and Data Scientists where he helped them design and implement data integration and management strategies. He also developed comprehensive research reports and was a frequent speaker on topics such as Graph Technology Applications, Knowledge Graphs, Data Mesh, Data Orchestration, etc. Prior to Gartner, Mr. Pal worked in a number of Data Science, Data Engineering and Big Data Architect roles with companies such as Keystone Strategy, Qcentive, Aetna, National Grid, LeapFrogRX, Oracle and Microsoft.

“Pal’s decision to join Ontotext is a huge endorsement to our technology, approach, and the value we bring our customers,” said Doug Kimball, CMO, of Ontotext. “His tenure evaluating a wide array of data management and analytic vendors combined with his expertise advising clients and non-clients will be instrumental in helping to articulate the benefits our customers can achieve by enhancing information access through a semantic knowledge graph. We are thrilled to welcome him to our team and look forward to leveraging his deep expertise.”

About Ontotext 

Ontotext helps businesses to derive meaningful, actionable insights out of business-critical data. The company’s products and services empower biomedical experts to easily incorporate cutting edge technologies such as semantic knowledge graphs, linking multiple structured and unstructured datasets, AI powered analytics to help customers achieve enhanced decision making. Ontotext’s products, based on its core product GraphDB, are credited for  powering business-critical systems in some of the largest pharmaceutical companies, healthcare providers and fast growing biotech startups, such as AstraZeneca, NuMedii and Novasenta. To learn more visit or follow them on LinkedIn or Twitter.

Logo – https://mma.prnewswire.com/media/448827/Ontotext_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/graphdb-and-knowledge-graph-leader-ontotext-taps-former-gartner-vp-sumit-pal-as-strategic-technology-director-301877812.html

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Blockchain

ChainSwap Revolutionizes Multi-Chain DeFi with Intra-Chain Swaps

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ChainSwap, the pioneering multi-chain decentralized exchange (DEX), has unveiled a groundbreaking feature that sets a new standard for decentralized finance (DeFi). Today, ChainSwap proudly announces the launch of its intra-chain swap capability, a monumental advancement in enabling seamless transactions across six major blockchain networks.

As the first of its kind, ChainSwap empowers users with the ability to seamlessly swap assets within the same blockchain, enhancing user retention and eliminating the need for multiple wallets across various chains. This revolutionary development revolutionizes the DeFi
landscape, offering users unparalleled freedom to traverse across different chains within a single platform.

ChainSwap stands as the epitome of decentralization, providing a one-stop-shop solution for multi-chain swaps. Powered by cutting-edge Cross-Chain Interoperability Protocol (CCIP) technology, ChainSwap ensures smooth and secure transactions across all compatible
blockchains, including Optimism, Ethereum, Arbitrum, Avalanche, Polygon, and Base.

With the launch of ChainSwap’s intra-chain swap functionality, users can now effortlessly exchange assets within their preferred blockchain, heralding a new era in digital asset transactions. This monumental achievement marks a significant milestone in the evolution of decentralized finance, propelling ChainSwap to the forefront of the industry.

The post ChainSwap Revolutionizes Multi-Chain DeFi with Intra-Chain Swaps appeared first on HIPTHER Alerts.

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Blockchain Press Releases

Tiger Brokers (HK) officially launches virtual asset trading services, leading the way in Hong Kong’s online brokerage industry

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Effortlessly manage traditional securities and virtual assets with one app Tiger Trade: tailored to meet diverse investment needs 

  • Professional investors can now trade 18 virtual assets, including Bitcoin and Ethereum, through the Tiger Trade app.
  • The one-stop platform enables seamless management of traditional securities and virtual assets, fostering more flexible and diversified asset allocation strategies.

HONG KONG, May 6, 2024 /PRNewswire/ — Tiger Brokers (HK) (“Tiger Brokers (HK)” or “Tiger Brokers”) announced the launch of its virtual asset trading services, becoming one of the first online fintech brokers in Hong Kong to offer a single platform that allows trading and managing both traditional securities and virtual assets. Professional investors in Hong Kong can now use Tiger Trade, Tiger Brokers’ flagship investment app, to trade 18 virtual assets including Bitcoin (BTC) and Ethereum (ETH), alongside stocks, options, futures, US Treasury bonds, funds, and other global assets, all at an affordable cost. This eliminates the need for multiple accounts across different brokers and platforms, making global asset allocation simpler and more convenient.

John Fei Zeng, Chief Financial Officer and Director of Tiger Brokers stated: “We are honored to be among the first fintech brokerage firms in Hong Kong to introduce virtual asset trading, leading the way in meeting investors’ evolving needs. As investors’ asset allocation requirements become increasingly diverse, our expanded product portfolio will help them seize various market opportunities. Our unified trading platform allows investors to trade and manage different types of investments seamlessly, enhancing user experience and boosting investment efficiency.”

He added: “With Hong Kong’s efforts to develop into a Web3.0 hub, we are confident in its vision. Hong Kong is one of the pioneering international financial centers introducing comprehensive regulations for virtual asset and fostering a trading-friendly environment. We aspire to bolster Hong Kong’s competitiveness in the global financial landscape through our contributions.”

Secure, convenient, and affordable virtual asset trading experience

Having previously secured an upgrade to its Type 1 license conditions from the Securities and Futures Commission of Hong Kong (“SFC”), Tiger Brokers is aiming to offer professional investors secure virtual asset trading services, strictly adhering to legal and regulatory requirements.

Tiger Brokers continues to offer competitive trading rates, with virtual asset trading fees at only 0.2% of the transaction value, and custody fees waived. Unlike stock trading, virtual assets are settled instantly and can be traded 24/7. All registered users in Hong Kong can view real-time quotes, as well as top gainers and losers of virtual assets, via the user-friendly Tiger Trade interface, keeping abreast of market conditions anytime, anywhere. Furthermore, the Tiger Trade App enables instant T+0 exchange between Hong Kong dollars and US dollars.

Currently, Tiger Brokers’ virtual asset trading services are available only to professional investors. Eligible clients, including Hong Kong residents with over HKD 8 million in investment portfolio or corporate entities with assets exceeding HKD 40 million, can submit professional investor application on Tiger Trade. Customers also have the option to schedule an in-person visit to the Tiger Brokers office, where professional representatives will assist customers in completing the account opening and certification process. Looking ahead, Tiger Brokers plans to extend its virtual asset trading services to retail investors, subject to regulatory approval. Additionally, the company is considering the introduction of virtual asset spot withdrawal and deposit services.

Beyond virtual asset spot trading, Tiger Brokers also offers trading of U.S.-listed bitcoin spot ETFs and Hong Kong-listed spot bitcoin and ether ETFs to Hong Kong investors. Since entering the Hong Kong market just over a year ago, Tiger Brokers has won widespread acclaim from local users through the introduction of numerous innovative products and services. Recently, the SFC granted Tiger Brokers a Type 9 license for asset management services. With this, Tiger Brokers can offer a suite of asset management services, such as dedicated account services for both retail and professional investors, and collective investment scheme management for professional investors, thereby providing comprehensive support for the diverse investment needs of both retail and professional investors.

About Tiger Brokers (HK)

Tiger Brokers (HK) Global Limited (Central number: BMU940) holds type 1, 2, 4, 5 and 9 licenses of the SFC. Starting from 30th November 2022, with Tiger Trade, Tiger Brokers’ flagship app, Hong Kong users can trade financial products from major markets around the world, such as Hong Kong stocks, warrants, options, US stocks, US fractional shares and ETFs, etc., providing a one-stop solution to their investment needs. In the future, we will continue to expand our trading markets and categories to better serve Hong Kong investors.

About Tiger Brokers

Tiger Brokers (Nasdaq: TIGR), founded in 2014, is a leading online brokerage group with a focus on redefining global investing with technologies for the next generation.

Since our inception, the company has relentlessly offered a superior user experience to let everyone enjoy efficient and smart global investing, by bringing a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education in our pursuit of becoming a world-leading online brokerage group.

We strive to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services accessible to all with low latency.

Currently, we serve over 10 million users and over 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 78 licenses and qualifications in different markets, and have over 1,000 employees on the team in Hong Kong, Singapore, New Zealand, the US, Australia, and Mainland China. In 2019, the company was listed on Nasdaq as UP Fintech Holding Limited under the ticker TIGR.      

View original content:https://www.prnewswire.co.uk/news-releases/tiger-brokers-hk-officially-launches-virtual-asset-trading-services-leading-the-way-in-hong-kongs-online-brokerage-industry-302136683.html

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Blockchain Press Releases

Bitget’s Blockchain4Youth Celebrates 1st Anniversary, Educated Over 6,000 Participants Worldwide

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VICTORIA, Seychelles, May 6, 2024 /PRNewswire/ — Bitget, a leading crypto exchange and web3 company, announces the first anniversary of its Blockchain4Youth program and launches recap videos of the program. The initiative celebrated a year of driving Web 3.0 adoption among the youth, staying true to Bitget’s core principles of innovation, education, and empowerment. Bitget envisions a more equitable future driven by the crypto revolution, and Blockchain4Youth is a testament to that vision.

Over the past year, Blockchain4Youth has engaged over 6,000 participants and delivered over 54 campus lectures and workshops worldwide. Various events took place in Asia, the Middle East, Oceania, Europe and South America.  The courses connect young participants with the tools and knowledge to understand and utilize blockchain technology, and over 2,000 certificates were issued to participants who completed the courses and passed the test.

The program’s ongoing collaborations with prominent influencers and over 51 universities, including University College London (UCL) in the United Kingdom, National Technological University in Argentina, Royal Melbourne Institute of Technology in Australia, National Taiwan University’s Blockchain Club, Ateneo De Manila University in the Philippines and many more. The program’s wide reach reinforces the company’s dedication to advancing blockchain education and empowerment initiatives.

Launched in May 2023 with $10 million committed over the following 5 years, Blockchain4Youth has quickly become a beacon of opportunity for Millennials and Generation Z. A study conducted by Bitget indicates that Millennials and Generation Z are pivotal in shaping a crypto-friendly future, with Millennials accounting for 46% of crypto enthusiasts.

Gracy Chen, Managing Director of Bitget, expresses, “Blockchain4Youth’s journey has been remarkable, and the program has transformed blockchain education, making it accessible and practical for the leaders of tomorrow,” remarks Chen. “Our dedication has not only been about imparting knowledge but about cultivating a vibrant community ready to pioneer the transformative applications of blockchain.”

Blockchain4Youth’s future plans include providing more scholarships worldwide and launching more online courses and content featuring different influencers in the field on crypto-related topics to further garner youngster’s attention.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. 

For more information, visit: Website  |  Twitter  |  Telegram  |  LinkedIn  | Discord | Bitget Wallet

Photo – https://mma.prnewswire.com/media/2405213/Bitget_s_Blockchain4Youth_Celebrates_1st_Anniversary_Educated_Over_6_000_Participants.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/bitgets-blockchain4youth-celebrates-1st-anniversary-educated-over-6-000-participants-worldwide-302136617.html

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