Blockchain Press Releases
Driving Impact Innovation: Optty achieves B Corp Certification, Global evolution of Payments Technology, and Mastercard “Priceless Planet” Coalition Alliance
SINGAPORE, Aug. 16, 2023 /PRNewswire/ — Optty, a Singapore-based payments technology company, is delighted to announce it has earned B Corp certification, reflecting its commitment to balancing purpose with profit.
B Corp certification is awarded to companies meeting the highest standards of social and environmental impact. Optty joins this elite group with a solid track record of contributions to sustainable development and carbon offset initiatives.
At the heart of Optty lies a robust, single API integration that connects to six payment architectures, including Buy Now Pay Later, Digital Wallets, Debit and Credit, and more, with nine architectures available by the end of 2023. This technology boasts more than 90 single Buy Now Pay Later integrations – the highest number provided by any technology provider globally, making Optty a leader in the fintech industry.
Furthermore, Optty’s technology is currently available in over 120 countries, with a full white label solution for schemes, banks, gateways and merchants alike and plans for continuous global expansion.
An industry leading additional component of Optty’s platform is the embedded technology enabling global retailers to add carbon offset, donate, and round-up services to their checkouts in under a minute. This feature allows customers around the world to contribute to every transaction, should they choose to, creating the funding to offset carbon impacts and finance sustainability and conservation projects worldwide and supports comprehensive integration of charities and donate technologies from around the world.
Nikhil Hirdramani, Sustainability Influencer/Consultant and EO Global Leader, dedicates his time to working with actionable sustainability projects globally having spent more than 2 decades in the textile industry. “We find ourselves at a critical juncture in our global journey, and as members of the international business and entrepreneurial community, we bear a significant responsibility.” states Hirdaramani. “I am thrilled to witness Optty embrace this paradigm shift. Business success and environmental impact are not mutually exclusive but, indeed, deeply intertwined. Optty has set new benchmarks in the fintech and payments industry, sparking a global trend that prioritises impact as much as profit. This move reminds us all that change is not only necessary, it’s possible.”
“Our B Corp certification underscores our commitment to sustainable business practices and social responsibility,” states Natasha Zurnamer, Optty’s Founder and CEO. “With Optty’s unique platform, we’re enabling retailers to not only offer diverse payment options, but also to provide their customers with an easy way to contribute to critical environmental initiatives with each transaction.”
Optty’s commitment to environmental sustainability extends to its membership in the Mastercard Priceless Planet Coalition. This global initiative aims to unite corporations and consumers in the fight against climate change. “Mastercard has made impressive strides throughout 2022, forming partnerships with over 130 corporations worldwide in an extensive portfolio of 18 projects spread across 19 different markets to support the highest quality forest restoration projects with maximum potential to mitigate global GHG emissions, promote planet biodiversity and benefit the communities that live in or near reforested landscapes” said Marie Soon, Vice President of ESG, Asia Pacific, Mastercard. “Optty’s investment towards the reforestation project exemplifies responsible corporate citizenship and sets an inspiring example for others in the business community. It serves as a shining example of how businesses can be powerful agents of positive change in our world.”
“Combining our cutting-edge payment technology with a commitment to sustainability makes Optty a vanguard in the industry. We’re not just transforming the way payments are made; we’re giving each transaction a purpose beyond the exchange of goods and services and aligning with the organisations we know are focused on actionable Impact,” Zurnamer adds.
To learn more about Optty, its B Corp certification, and its innovative platform, please visit www.optty.com.
About Optty: Optty is a Singapore-based payments technology company revolutionising global retail with its advanced payment platform. With a record-breaking number of Buy Now Pay Later integrations and a dedication to carbon offsetting and sustainable projects, Optty is driving change in the payment technology industry, one transaction at a time.
Blockchain Press Releases
Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications
NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.
About Webb
Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.
The Challenge and Our Solution
Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.
Why Tangle Network?
Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:
- Proof Generation: Delegate computational tasks to our validators.
- Trusted Setups: Tangle Network manages complex ceremonies for you.
- Secure Signing: Utilize our threshold signing for cross-chain operations.
By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.
Noteworthy Features
- Unparalleled speed, security, and scalability via Substrate.
- Decentralized control through Distributed Key Generation (DKG).
- Advanced protocols for zero-knowledge applications.
- Cross-chain compatibility with IBC and XCM.
- Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
- Smooth, forkless upgrades.
What’s Next?
The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.
Testnet Quick Links
- Whitepaper: Read here.
- Get Started: PolkadotApps for Tangle Network
- Documentation: docs.webb.tools
Get Involved
- Developers: Start building on Tangle today. Learn More
- Validators and Relayers: Help secure and maintain the network. Learn More
- Join the Community: Follow us on Twitter or join our Discord.
Contact Us
For media inquiries, partnerships, or more information, email us at [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/webb-unveils-tangle-network-testnet-pioneering-the-future-of-private-decentralized-applications-301940846.html
Blockchain Press Releases
ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets
SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”
The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).
Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.
Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.
Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges. ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.
For detailed insights into ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr&type=article
About ChainUp
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.
CONTACT: Jacelynn Pang, [email protected]
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SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.
WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.
The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.
Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”
As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.
About BingX
BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit https://bingx.com to learn about BingX.
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