Blockchain Press Releases

Basware Commits To Support Electronic Invoicing In France

Published

1 year ago

August 1, 2023

basware-commits-to-support-electronic-invoicing-in-france

The leader in invoice automation aims to support digitization of French businesses by announcing its application to become a Partner Dematerialization Platform (PDP)

PARIS, Aug. 1, 2023 /PRNewswire/ — Basware, the leader in making AP automation and invoice processing happen, announced its Partner Dematerialization Platform (PDP) application on July 28^th2023, to support French businesses sending and receiving invoices digitally.

All businesses subject to VAT in France will soon be required to receive and send invoices electronically. Recently, the French government decided to postpone the implementation of the system, previously scheduled for July 1^st 2024, in order to allow sufficient time for the reform to be a success. Basware is committed to becoming a PDP provider to support French businesses through this significant transition. Additionally, it offers Dematerialization Operator (OD) services, allowing customers to choose the solution that best suits their needs.

A trusted partner at the forefront of electronic invoicing

With 40 years’ experience working with major brands such as Vinci, HP, DHL and Mercedes-Benz, Basware is a pioneer in digitalization and electronic invoicing, present in 175 countries worldwide. In France, Basware is actively involved in the roll-out of electronic invoicing and the implementation of the new reform. As member of the PDP working group launched by the French Public Finance Department (DGFIP), Basware is also part of the National Forum for Electronic Invoicing (FNFE-MPE), which is working to implement this reform.

For a company, the decision to connect to the new ecosystem via an OD or PDP approach depends on several parameters: digital maturity, volumes processed, EDI history, international presence, and others. By offering both a PDP and an OD solution, Basware is now able to help all companies find the best dematerialization solution suited to their needs and business processes.

Alexis Hartmann, VP of France and UK at Basware, commented on the application:

“Basware has been established in France for over 20 years, and 350 French companies have already placed their trust in us and are working with us to comply with the French mandate. By becoming a PDP and OD, we want to offer an integrated solution that concentrates all types of workflows and formats (UBL, CII, Factur-X). For companies, this integrated approach will guarantee a 360° view, in real time, of their entire invoicing process.”

Jason Kurtz, CEO at Basware, added:

“Even before this reform was introduced, Basware has been supporting its customers in countries where dematerialized invoicing has been implemented (such as Italy) and integrating electronic formats for many years. Our long-standing expertise in the market and our strong involvement in the various working groups dedicated to these issues with the DGFIP and the FNFE positions us as a major player in this reform. Becoming a PDP is not something that can be improvised: our investments over the past 40 years and our proven expertise in all financial workflows demonstrates our position as a leader in true invoice automation. We are committed to helping businesses become digital by processing invoices fully online, which saves them money, keeps them compliant and reduces risk.”

An integrated approach to ensure a real-time view of the invoicing process

Certified by the International Information Security Standard ISO/IEC 27001, Basware’s solution is already connected to several government platforms, including Chorus Pro, as well as interoperability networks such as Peppol. As a result, it meets all the requirements for processing invoices, such as archiving with probative value, and reliable audit trails. With an open network of over 250 ERP systems and more than 70 supported invoice formats, Basware also offers tailor-made integration with corporate management systems, as well as complete coverage, anywhere in the world.

Another strong point that sets this platform apart from other solutions within the market is Basware’s technology that enables touchless invoice processing. Powered by AI and machine learning, Basware’s advanced invoice automation minimizes exception handling, eliminating the need for finance teams to manually manage invoices. Finally, Basware’s in-depth expertise ensures that the risks associated with compliance and highly complex, fragmented, and ever-changing local and international regulations are reduced.

Beyond the electronic invoicing reforms

In addition to electronic invoicing, the e-reporting function offered by Basware goes far beyond the requirements of the French mandate. A real asset for business, it will enable companies to make the most of financial automation: digitalizing all processes, increasing levels of automation, and transmitting accurate information in real time to decision-makers.

Alexis Hartmann concluded:

“While the move to electronic invoicing may intimidate some companies who see it as a constraint, this reform should be seen as an opportunity to accelerate their business. Basware is committed to supporting companies on a day-to-day basis in mastering this transition, helping them to understand the regulations, its impact, and its opportunities.“

Basware in figures

40 years‘ experience – present in 175 countries
170 million invoices processed per year
VAT compliance in more than 60 countries
Over 70 electronic invoice formats supported
Number 1 worldwide for “AP invoice automation” according to Gartner
Number 1 in global geographical coverage according to Forrester
Leader in Accounts Payable Automation according to IDC

For more information on the French mandate, its timing and how businesses can prepare, visit here.

About Basware

Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Our AP automation and invoicing platform helps you achieve a new level of efficiency – in a matter of months – while reducing errors and risks. We bring a unique combination of true automation, complete coverage, and deeper expertise to make it all just happen for our customers. That’s why the world’s most efficient AP departments at 700+ global customers rely on Basware to handle over 170 million invoices per year. Basware. Now it all just happens.™

Media contact

[email protected] , +44(0)7787266758

Photo – https://mma.prnewswire.com/media/2166404/Basware.jpg
Logo – https://mma.prnewswire.com/media/2064864/4008957/Basware_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/basware-commits-to-support-electronic-invoicing-in-france-301889739.html

Blockchain

Blocks & Headlines: Today in Blockchain

Published

10 hours ago

January 16, 2025

Peter Tolan

Blockchain technology continues to expand its reach, influencing industries far beyond its origins in cryptocurrency. From strategic collaborations to emerging trends, today’s briefing explores key developments shaping the blockchain ecosystem. Here’s the latest.

Blockchain Lobby Groups Unite for Crypto-Friendly Advocacy

In a landmark move, eight major blockchain lobby groups in the U.S. have joined forces to push for crypto-friendly policies under the new administration. With a regulatory climate expected to favor innovation in blockchain and cryptocurrency, these organizations aim to present a unified voice to influence legislation and public discourse.

The coalition’s agenda focuses on fostering technological adoption, ensuring consumer protection, and clarifying taxation policies. This collaboration highlights the growing recognition of blockchain’s potential to drive economic transformation while addressing concerns about regulation.

Source: CoinDesk

Five Underrated Layer-1 Blockchain Tokens to Watch in 2025

As competition among blockchain platforms intensifies, several Layer-1 blockchain tokens are poised to gain significant traction this year. Analysts spotlight projects that prioritize scalability, interoperability, and developer engagement as ones to watch.

While giants like Ethereum and Solana dominate headlines, emerging players are carving out niches in sectors like decentralized finance (DeFi), gaming, and supply chain solutions. These tokens underscore the innovation flourishing within the Layer-1 ecosystem.

Source: The Crypto Basic

AI and Blockchain Drive Innovation in Mining Industry

The integration of AI and blockchain technologies is revolutionizing the mining sector. Blockchain’s immutable ledger capabilities ensure transparency in supply chain operations, while AI optimizes resource extraction and predictive maintenance.

Together, these technologies address critical challenges such as environmental impact and operational inefficiency. As sustainability takes center stage, the mining industry’s adoption of blockchain and AI represents a significant leap forward.

Source: Mining Technology

The Rapid Rise of Blockchain Mini-Games

Blockchain-powered mini-games are capturing the attention of developers and players alike, thanks to their innovative use of tokenization and play-to-earn models. These games—smaller in scope but high in engagement—offer players real ownership of in-game assets and a chance to earn rewards.

The trend’s popularity stems from its low barrier to entry and appeal to casual gamers, signaling a shift in the gaming landscape. As blockchain gaming continues to evolve, mini-games are emerging as a powerful gateway to mainstream adoption.

Source: Crypto Times

Bybit and SignalPlus Announce $100,000 USDC Global Trading Showdown

Bybit and SignalPlus have teamed up to launch a global trading competition with a $100,000 USDC prize pool. The event aims to showcase advanced trading strategies while fostering community engagement within the crypto trading ecosystem.

Participants will compete across multiple trading challenges, highlighting the growing sophistication of crypto markets. This collaboration underscores the role of competitions in promoting market education and innovation.

Source: PR Newswire

The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.

Blockchain Press Releases

Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake

Published

14 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache.

The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings collapsed in the remote region near the northern base of Mount Everest. In response, Bybit is committing RMB 5 million in collaboration with the Red Cross Society of China (RCSC) to support critical relief and recovery efforts in the affected communities.

The 7.1-magnitude earthquake, which struck on January 7, has caused widespread devastation, with extreme winter conditions complicating rescue operations. More than 14,000 rescue workers have been mobilized to search for survivors amid sub-zero temperatures and strong winds, highlighting the urgent need for immediate aid.

“As a responsible global leader in the blockchain industry, Bybit is committed to standing with communities in their time of need,” said Helen Liu, Chief Operating Officer at Bybit. “Our thoughts are with the survivors, the rescue teams, and the families affected by this tragic event. We hope our contribution will help provide much-needed relief and support the road to recovery.”

The donation will be directed towards essential services, including emergency shelter, medical supplies, and food aid, as well as long-term rehabilitation efforts. Bybit is proud to partner with RCSC to ensure swift and impactful assistance to those in need.

At Bybit, we firmly believe in the power of compassion and collaboration. This contribution reflects our commitment to fostering resilience and hope in the face of adversity.

#Bybit / #TheCryptoArk

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

Photo – https://mma.prnewswire.com/media/2600065/Image.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake-302353395.html

Blockchain Press Releases

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

Published

22 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-&-signalplus-unveil-the-100,000-usdc-global-trading-showdown

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and SignalPlus, an innovative social trading platform aimed at democratizing options trading for digital and crypto assets, are excited to announce the Bybit x SignalPlus 2025 Global Trading Competition. With a staggering total prize pool of 100,000 USDC, this competition promises to be the ultimate stage for traders to showcase their skills and seize lucrative rewards.

From now until February 5, 2025, 8:00 AM UTC, the competition is open to all Bybit users—excluding residents of restricted jurisdictions.. This event invites participants to engage in options, spot, or futures trading for their chance to claim a share of the impressive prize pool.

“We are thrilled to partner with SignalPlus for the Bybit x SignalPlus 2025 Global Trading Competition,” said Joan Han, Sales & Marketing Director at Bybit. “This event reflects our commitment to fostering an active and vibrant trading community. Whether you’re a novice or a seasoned trader, this competition offers a platform to enhance your trading skills and earn exciting rewards.”

Chris Yu, CEO at SignalPlus, shared his enthusiasm: “Collaborating with Bybit reflects our unwavering commitment to empowering traders with cutting-edge tools and actionable insights. This competition is a unique opportunity for participants to showcase their trading expertise and be handsomely rewarded for their achievements.”

Competition Highlights

100,000 USDC Prize Pool: Compete for your share of a massive prize pool.
Daily Rewards System: Win prizes daily, with rewards credited promptly to energize your next trades.
Team Competition: The top four (4) teams will split a 7,300 USDC prize pool. Daily, one lucky team member will win a luxury 3-day, 2-night trip to Korea or its equivalent value in USDC.
Individual Competition: The top 35 winners will share 7,702 USDC, with individual prizes ranging from 30 USDC to 2,000 USDC. Daily rankings and lucky draws offer opportunities to win up to 250 USDC.
Daily Lucky Draw: Over 21 days, 129 winners will be chosen daily, ensuring that every trade counts toward exciting rewards.
Special Bonuses: Link your Bybit API to SignalPlus for a 10 USDC rebate. Complete your first Options trade on SignalPlus to earn an additional 20 USDC rebate.

For more details on the Bybit x SignalPlus 2025 Global Trading Competition, please visit here: https://announcements.bybit.com/article/-bybit-x-signalplus-2025-global-trading-competition-returns-with-bigger-rewards-win-your-share-of-the-100-000-usdc-prize-pool–blt36f0435aff9e950f/

#Bybit / #TheCryptoArk

About Bybit

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

Photo – https://mma.prnewswire.com/media/2599537/Bybit___SignalPlus_Unveil_100_000_USDC_Global_Trading_Showdown.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bybit–signalplus-unveil-the-100-000-usdc-global-trading-showdown-302352908.html

Global Payout, Inc.
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...
MTrac Tech Corp.
MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...
Net1
Net1 is a leading provider of transaction processing services, financial inclusion products ...
uBUCK Technologies SEZC
Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...
LiteLink Technologies Inc.
LiteLink is a major player in developing world-class enterprise platforms that utilize ar...
Good Gamer Corp.
Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....
BitPay
Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...
About Net1
Net1 is a leading provider of transaction processing services, financial inclusion produc...
Blockchain Foundry Inc.
Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...
Sixgill
Sixgill provides a full suite of universal data automation and authenticity products and services...