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nChain partners with Universal Plastic to accelerate sustainable innovation

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LONDON, Aug. 10, 2023 /PRNewswire/ —  nChain, a global leader in Web3 solutions, today announces the signing of a strategic partnership agreement with Universal Plastic, to achieve common sustainability goals towards ocean protection: regenerating the marine ecosystems by taking out plastic, giving agency to locals by fairly rewarding them for their efforts and making companies act upon their footprint, getting a step closer to the ESGs.

In this partnership, nChain is investing €2,000,000 and acquiring a 20% stake in the equity of Universal Plastic. This partnership aims to support and enhance Universal Plastic’s technology offerings by licensing nChain’s intellectual property (IP) portfolio. Universal Plastic intends to leverage nChain’s expertise in Web3 technologies to drive social impact initiatives, firmly positioning themselves at the forefront of sustainable innovation.

Powered by nChain’s technology the partnership will merge transparency, social engagement, and quantifiable impact, and seeks to mitigate the effects of plastic pollution while propelling forward the pioneering work of ocean defenders dedicated to ecosystem regeneration.

“nChain is committed to fostering a global wave of social impact. Our collaboration with Universal Plastics exemplifies our mission to facilitate transparent and trustworthy avenues for companies to honour their environmental commitments. Together, we catalyse positive ecological change by leveraging emerging technologies, enabling companies to embrace environmental stewardship and pave the path to a better world,” commented Christen Ager-Hanssen, Group CEO of nChain.

Alvaro Bravo Hernandez, CEO of Universal Plastics, commented, “This partnership with nChain is a momentous leap toward our threefold vision – restoring marine ecosystems, empowering local communities, and catalysing corporate environmental responsibility. The disruptive potential of Web3 technology aligned with our mission transforms aspirations into realities.”

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The partnership between nChain and Universal Plastics represents pioneering efforts in environmental initiatives, underpinned by the potential of Web3 technology, to create a digital blue economy that sustains and regenerates the ecosystem.

About Universal Plastic

UNIVERSAL PLASTIC® (UP) is a scientifically supported (Bazaruto Center for Scientific Studies) Artificial Intelligence (AI) and Blockchain-Based initiative. We developed the first tech platform to quantify, audit and notarise data from plastic waste collections. This aims to regenerate marine ecosystems by incentivising plastic waste collections led by local communities. Through the data management of this process, our platform provides an inclusive, accessible, and trustworthy way to align corporations with ESG by connecting and engaging them with local individuals, communities and organisations that are at the forefront of restoring nature.

About nChain

nChain is a leading provider of global blockchain technology, IP licensing and consulting services. We serve clients globally to power several industries, including gaming, supply chain, and finance. nChain offers Web3 solutions provider defined by a purpose-driven team that has come together to address some of the global challenges and make a social impact, transforming the world from Web2 to Web3. nChain currently has almost 2,800 granted and pending patents and is the developer behind the Bitcoin SV Node software, Teranode, Kensei and more. Recently voted one of the Top 100 most innovative firms in the world.

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For more information, visit https://universalplastic.io and https://nchain.com/

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View original content:https://www.prnewswire.co.uk/news-releases/nchain-partners-with-universal-plastic-to-accelerate-sustainable-innovation-301897972.html

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Blockchain Press Releases

Instant Nodes arrives in the USA with Global Payments Giant, Paddle Partnership

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DUBAI, UAE, Sept. 11, 2024 /PRNewswire/ — Instant Nodes is thrilled to announce an exciting new partnership with global payment giant, Paddle. This collaboration marks a significant milestone for both companies as both firms join forces to deliver unparalleled on-ramp and off-ramp solutions to the USA market and beyond.

As a leader in blockchain and decentralised solutions, Instant Nodes has strived to provide innovative and efficient services to our customers. Now, with the integration of Paddle, we are set to revolutionise how our services are delivered and monetised.

Why Paddle?

Paddle’s comprehensive platform is designed to handle all aspects of global payments complexity, from subscription management to payment processing. Their expertise in managing complex billing scenarios and ensuring smooth transactions aligns perfectly with our vision at Instant Nodes.

Instant Nodes can leverage Paddle’s technology and tax compliance solutions to streamline operations, enhance customer satisfaction, and develop cutting-edge blockchain solutions.

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The Benefits of Our Partnership

This partnership is poised to bring numerous benefits to our clients. With Paddle’s seamless payment infrastructure, Instant Nodes can offer more flexible and efficient billing options, making it easier for clients to access and pay for our services.

Paddle’s robust analytics and reporting tools will provide us with valuable insights into our revenue streams, enabling us to make data-driven decisions to further improve our offerings.

A Word from Our Leaders

Ilgar Alekperov, Founder of Instant Nodes, shared his excitement:

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Partnering with Paddle is a game-changer for us. Their advanced payments infrastructure platform will not only simplify our billing processes and tax compliance but also enhance our overall service delivery. We believe this collaboration will drive significant growth and allow us to better serve our clients with innovative blockchain solutions.

Dylan Yepes at Paddle also commented:

“We are delighted to partner with Instant Nodes, a company that is at the forefront of blockchain innovation. Our platform is designed to handle the complexities of global payments and billing, and we are confident that Instant Nodes’ customers will greatly benefit from the streamlined processes and enhanced payment experiences we offer.”

To start deploying nodes, visit https://instantnodes.io/

About Instant Nodes 
Instant Nodes is an RPC solution which is focused on building data integrity in digital assets blockchains.

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X: https://x.com/InstantNodes | Linkedin: https://www.linkedin.com/company/instantnodes/

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Blockchain Press Releases

Velo Labs Brings BlackRock’s Tokenized Short-Term Treasury Fund to Southeast Asia

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SINGAPORE, Sept. 11, 2024 /PRNewswire/ — Velo Labs, a global pioneer in Web3-based financial solutions, today announced that the assets that back Velo’s USDV token, the stablecoin of the Velo ecosystem, are now comprised of an investment in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize. USDV serves as the primary store of value and unit of transfer across Velo’s suite of payment and trading applications.

Over 1 million Velo’s Orbit payment app users and vendors across Southeast Asia leverage USDV for seamless transactions, value storage without a bank account, cross-border money transfers, and off-ramping to local currencies at local banks 24/7 – all while earning yield on-chain. Additionally, Velo’s FX, commodity, and crypto traders on its Universe exchange and DeFi protocol Velo Finance can earn yield on funds held on the exchange and have the opportunity to compound those returns via various Velo liquidity pools and staking programs.

Today’s announcement follows Velo’s recent partnership with the Laos government to tokenize its physical gold reserves. Velo is rapidly establishing itself as a leading provider of blockchain-powered payments, trading, and RWA asset offerings across Asia.

Velo Labs co-chairman Chatchaval Jiaravanon commented: “Velo Labs is very pleased to bring BlackRock’s high-quality institutional yield product to Southeast Asia. At Velo, we are building the bridges and rails that will ensure frictionless, borderless, and formless payment and trading experiences for both institutional and retail users across Asia. Today’s announcement demonstrates our commitment to bringing Velo users access to the highest-quality institutional assets in the world.”

Securitize co-founder and President Jamie Finn added “This is a great example of a firm leveraging open web3 standards to deliver a product to their market”

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About Velo Labs

Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by the Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive

Web3-based payment network, along with Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide—dedicated to empowering global financial connectivity and expanding accessibility globally. Follow us for more info: Twitter / Telegram

About Securitize

Securitize, the leader in tokenizing real-world assets, is driving the compliant digitization of financial assets through next-generation blockchain technology. Securitize, or through its subsidiaries, is a registered broker-dealer (member Finra/ SIPC) and operates a primary marketplace, an alternative trading system, as well as a top 10 transfer agent and has an exempt reporting adviser. Learn more at http://www.securitize.io

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Blockchain Press Releases

HTX Ventures invest in BSX, Building DeFi Infrastructure on Base

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SINGAPORE, Sept. 11, 2024 /PRNewswire/ — HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BSX Exchange, a decentralized, non-custodial central limit order book (CLOB) perpetual decentralized exchange built on Base.

Since its launch in April, BSX has facilitated over $4.5 billion in trading volume and recently surpassed $1.3 million in revenue. Its current offerings include both spot and derivative trading. With the recent $4 million seed-round funding, BSX plans to expand its product line further. The platform boasts a highly performant trading engine with 10ms latency and 1000x leverage. 

In the coming months, BSX aims to launch several new projects, including a spot aggregator, earning products, and staking products. Additionally, the company plans to introduce a Layer 3 network on Base to optimize the on-chain BSX order book. Looking ahead, BSX also intends to release its own trading game on Telegram and an exclusive NFT collection to attract new users to both Base and BSX.

“BSX operates on top of the Base ecosystem, leveraging its 110 million globally verified users. By providing a strong liquidity foundation for this ecosystem, BSX is poised for significant success,” commented Edward, Managing Partner at HTX Ventures. “BSX serves a large traditional finance customer base, and at HTX Ventures, we are excited to support this Web3 onboarding journey.”

“We’re focused on building a key lego block in the DeFi ecosystem. By launching on Coinbase’s Base L2 we are a key beneficiary of Coinbase’s massive user base moving on-chain to Base and then to DeFi applications. Our vision is to build a consolidated platform including BSX Trade, BSX Earn, and BSX 1000.” Said BSX Team.

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About BSX

BSX is a decentralized derivatives trading platform built on Base. BSX offers perpetuals trading at 1000x leverage and also a spot market. The firm is backed by Blockchain Capital and the Base Ecosystem Fund and is advised by Athur Hayes.

About HTX Ventures

HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.

HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.

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Feel free to contact us for investment and collaboration at [email protected]

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