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Blockchain Press Releases

ETQ and Trogen Form Reseller Partnership to Broaden Global Reach of ETQ Reliance QMS to New Regions

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Trogen to Help ETQ Expand Footprint across India

BURLINGTON, Mass. and PUNE, India, Aug. 15, 2023 /PRNewswire/ — ETQ, part of Hexagon, and Trogen, a digital transformation consultancy, today announced a strategic reseller partnership through which Trogen will immediately begin selling the industry-leading ETQ Reliance quality management system (QMS) to new customers across India.

“As ETQ continues to scale to bring the quality management and health and safety benefits of ETQ Reliance to a growing base of customers, we’re committed to expanding our footprint across the globe,” said Vick Vaishnavi, CEO, ETQ. “With its deep understanding of SaaS, quality management, low code and analytics, we’re confident that Trogen is the right partner to help companies in India join the roster of happy ETQ Reliance customers that are accelerating the pace of new product introductions, realizing greater supplier visibility and control, mitigating risk and making smarter business decisions across the organization.”

“At Trogen, our core belief is that technology should be a catalyst for revolutionizing work methodologies, fostering awareness, empowerment and connectivity in every interaction and relationship we engage with,” stated Ragin Earatte, COO and co-founder of Trogen. “Aligned seamlessly with our mission, the remarkable capabilities of ETQ Reliance hold the potential to elevate enterprise-wide quality management to unprecedented heights. We are elated to embark on this journey alongside our clientele, enabling them to unlock the myriad advantages this synergy presents.”

Automating and streamlining quality practices with a comprehensive QMS solution helps companies improve product and service quality, while minimizing the cost of poor quality and reducing risk caused by product failures, recalls, non-compliance or a host of other issues. ETQ Reliance is available with over 40 ready-to-use applications for key quality functions, such as document control, audit management, environmental health and safety, nonconformance management, supplier quality management, training management and others.

About Trogen

Trogen team possesses a profound understanding of people, processes, and the intricate digital technology landscape, including SaaS applications, Quality Management Systems (QMS), and cutting-edge analytics tools, with a diverse wealth of experience spanning various industries. This expertise empowers us to comprehensively grasp the nuances of your enterprise.

Our experts work collaboratively with your teams to craft a comprehensive digital roadmap, leveraging the power of cloud, SaaS, and analytics. Our approach to quality transformation is not just pragmatic but also innovative, strategically centered around growth-oriented concepts.

Our proficiency in creative thinking and unwavering commitment enables us to remain highly adaptable in the face of ever-evolving circumstances. This adaptability, in turn, allows us to wholeheartedly embrace processes, plans, and the unique vision of our clients.

We are dedicated to delivering results that uphold the highest standards, ensuring a No-Compromise approach that is deeply aligned with the transformative potential of quality.

About ETQ

ETQ, part of Hexagon, is the leading provider of quality, EHS and compliance management software, trusted by the world’s strongest brands. More than 600 customers globally, spanning industries such as pharmaceuticals, electronics, heavy industry, food and beverage, and medical devices, benefit from ETQ to secure positive brand reputations, enable higher levels of customer loyalty and enhance profitability. ETQ Reliance offers built-in best practices and powerful flexibility to drive business excellence through quality. Only ETQ lets customers configure industry-proven quality processes to their unique needs and business vision. ETQ was founded in 1992 and has main offices in the U.S. and Europe. To learn more about ETQ and its various product offerings, visit www.etq.com.

Hexagon is a global leader in sensors, software and autonomous solutions. Learn more about Hexagon (Nasdaq Stockholm: HEXA B) at hexagon.com and follow us @HexagonAB.

Logo – https://mma.prnewswire.com/media/1844245/3744242/ETQ_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/etq-and-trogen-form-reseller-partnership-to-broaden-global-reach-of-etq-reliance-qms-to-new-regions-301900233.html

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Blockchain Press Releases

Bitrue Gears Up for 2024 Bitcoin Halving with Trading Competition

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SINGAPORE, April 12, 2024 /PRNewswire/ — Leading cryptocurrency exchange Bitrue unveiled a new competition available to all users on the platform that comes with a total prize up to $850,000 USDT in a recent X announcement.

The contest is being held in honor of the much anticipated Bitcoin Halving – an event that occurs once every four years to regulate the supply of new BTC entering the digital asset economy, and helps ensure long-term value through scarcity of supply.

The competition will rank traders according to their trading volume on the exchange during the contest period. The competition begins on Thursday April 11th and will continue until the halving event occurs (estimated April 20th). The prizepool will increase according to the number of valid participants in the competition, with the grand prize winner set to take home 25% of the total reward (212,500 USDT). All participating users will have a chance to win prizes regardless of their final rank.

With all eyes on this historic event, Bitrue is thrilled to be able to offer an exciting and rewarding way for its 10 million users to mark the occasion and provide them with an opportunity to earn a life changing amount of money. Interested parties should sign up on the Bitrue exchange now in order to be ready for when the contest goes live on April 11th.

About Bitrue

Launched in July 2018, Bitrue is a diversified digital exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices in Asia and Europe, and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.

Logo – https://mma.prnewswire.com/media/2385358/Bitrue_BitrueOfficial_Bitrue_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/bitrue-gears-up-for-2024-bitcoin-halving-with-trading-competition-302115311.html

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Financial industry bodies defend permissionless blockchains against Basel Committee’s classification

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Five financial industry bodies have pushed back against the treatment of permissionless blockchains by a global banking supervision authority.

In December, the Basel Committee on Banking Supervision (BCBS) published a report on proposed amendments to bank capital requirements for digital assets, stablecoins, and tokenized assets.

The report classified all permissionless blockchains as high-risk, claiming that some risks could not be mitigated through existing solutions. BCBS was particularly concerned about banks’ lack of control over third parties who conduct most operations on these blockchains. It also warned about their privacy, finality, liquidity, and political, legal, and policy risks.

In response, five global financial industry regulators have defended permissionless blockchains. In a joint response, they stated that the industry “has all necessary expertise and robust compliance frameworks to fully identify, manage and mitigate these risks.”

The five are the International Swaps and Derivatives Association, the Global Financial Markets Association, the Institute of International Finance, the Futures Industry Association, and the Financial Services Forum.

Blockchain’s application in the financial industry is evolving, and regulators must not disincentivize banks from exploring the technology, the regulators stated. By putting up unnecessary hurdles, the BCBS would only push these institutions to the non-regulated shadow banking space, which would be riskier for them.

The regulators further noted that dozens of global banks have conducted successful pilots using permissionless blockchains. These pilots have shed more light on the technology’s application and allowed them to understand and control emergent risks.

The BCBS approach is unfair to blockchain and veers away from the regulator’s long-held “same asset, same risk” approach, they added.

“While we acknowledge that risk mitigation techniques are evolving for permissionless crypto assets…we are confident that solutions already exist in respect of specific use cases,” the five stated.

They believe deciding whether to build on permissionless blockchains should be left to the banks.

The financial sector has been a leader in blockchain adoption, with some, like JPMorgan (NASDAQ: JPM), developing their own permissioned networks, albeit unsuccessfully. However, most have relied on existing solutions to build applications spanning settlement, bond issuance, tokenization, etc.

Source: coingeek.com

The post Financial industry bodies defend permissionless blockchains against Basel Committee’s classification appeared first on HIPTHER Alerts.

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Partnership between Siren and Chainalysis to trace blockchain transactions and disrupt illicit activities

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Siren, the all-in-one investigation platform company on a mission to keep people, assets and networks safe, and Chainalysis, the blockchain intelligence platform, announced details of a strategic partnership at the annual Chainalysis Links event in New York.

As cryptocurrency becomes more mainstream and used by both good and bad actors, the partnership addresses the increasing need for more sophisticated intelligence technology to fight illicit cryptocurrency activity.

Chainalysis’ mission
Many believe cryptocurrency is the future, and it is expected that blockchains will soon be the world’s primary mechanism for the exchange of value. Chainalysis’ mission is to build trust in blockchains, setting the stage for the mass adoption of crypto in a way that gives participants safety and security.

Its data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely.

AI-driven search functionality

Siren is an AI-driven investigative intelligence platform that is used by some of the world’s pioneering Law Enforcement, National Security and Cyber threat investigators. Siren connects and enriches local classified information with external vendor data as well as data available from public sources to identify patterns, actors and events.

Siren’s AI-driven search functionality dramatically reduces the complexity in searching for intelligence-like browsing the internet or shopping online anyone can search for intelligence links, regardless of technical abilities, across multiple data sources and get immediate results on both desktop and mobile devices. Using patented technology, Siren delivers a modern search experience at enterprise speed and scale, making advanced intelligence queries accessible to all across the organisation.

Chainalysis Investigations solution

Through the collaboration, illicit activity is easier to identify in real-time across multiple data sources, including Chainalysis’ on-chain data, allowing investigators and analysts to map addresses to named services, detect illicit activity as it happens, and build cases.

The Siren platform leverages the Chainalysis Investigations API (IAPI), part of the Chainalysis Investigations solution. The Investigations API is a REST-based API that programmatically helps to prioritise and accelerate investigations. This ensures investigation teams can focus on the most important cases with the highest likelihood of success. The IAPI enables data engineers and scientists to enrich existing datasets with Chainalysis insights to enhance large-scale investigations, surface new leads, and uncover previously unknown connections between different cases for deconfliction.

New York at Links 2024
John Randles, CEO of Siren, said: “Linking to crypto across multiple data sources is pivotal for investigators. We’re delighted to announce the partnership here in New York at Links 2024. We were lucky to attend a couple of Chainalysis events last year and experience first-hand how the synergies in our offerings and missions.”

John Randles will speak on Day Two of Chainalysis Links 2024 on the Intersection of AI and Crypto panel. Shannon Hughes, Senior Director, Head of Business Development and Partnerships commented: “Cryptocurrency is no longer just a niche specialty for elite cyber law enforcement units – our customers find connections to crypto across national security, crime, fraud, and cyber threats. This partnership enables investigators to combine Chainalysis data with other data sources to identify intelligence signals and actionable leads across specialties. This is the future of harnessing the transparency of blockchains to build a safer economic system.”

Source: sourcesecurity.com

The post Partnership between Siren and Chainalysis to trace blockchain transactions and disrupt illicit activities appeared first on HIPTHER Alerts.

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