TAIPEI, Nov. 21, 2024 /PRNewswire/ — KryptoGO, a leading Web3 infrastructure provider, offers an innovative wallet solution to help businesses offer secure and stable crypto payment services without the need for costly in-house development. With its Wallet as a Service (WaaS), KryptoGO enables enterprises to quickly integrate efficient and cost-effective crypto payment solutions while focusing on their business operations.

Why Choose KryptoGO’s Wallet Solution?

Developing a secure, multi-chain crypto wallet from scratch presents significant challenges, including extensive security measures, maintaining fast and reliable transaction speeds, and controlling development and operational costs. A recent PwC global CEO survey highlighted that security concerns, regulatory issues, and operational complexities are key barriers for businesses adopting digital asset solutions. Additionally, Coinbase’s report states that 87% of Fortune 500 executives cited a lack of clear regulations as a significant obstacle in their digital asset investments. KryptoGO’s WaaS addresses these issues by providing a white-label wallet service that businesses can easily integrate, ensuring strong performance and compliance.

Competitive Advantage: Speed and Cost Control

KryptoGO has optimized transaction speeds and minimized costs through extensive benchmarking and performance evaluations. On the TRON blockchain, KryptoGO delivers transaction notifications within 1.2 seconds and reduces transaction fees by at least 20% compared to other wallets. These advantages stem from the team’s expertise in blockchain development and data index optimization, ensuring faster, more efficient, and dependable transactions.

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Success Story: Ocean Wallet

One of KryptoGO’s notable successes in customizable, white-label wallet solutions is Ocean Wallet. In less than two months, Ocean Wallet was able to launch a fully functional, competitive crypto wallet app without needing to hire any developer. With KryptoGO’s flexible solution, Ocean Wallet was able to tailor its features to meet the specific needs of its target audience—stablecoins payments in the TRON ecosystem. By leveraging KryptoGO’s expertise, Ocean Wallet was able to deliver a seamless wallet experience with the ideal functionality to support its unique business model, achieving fast market entry and providing seamless crypto payment solutions at the lowest possible cost.

Building the Future of Crypto Payments

For businesses looking to enter Web3 quickly and efficiently, a customizable wallet solution is the key. KryptoGO’s Wallet as a Service enables corporates to adopt crypto with minimal development resources. If you’re also interested in how KryptoGO can support your Web3 business needs, please contact us or visit www.kryptogo.com.

Media Contact: [email protected]

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DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — KuCoin, a leading global crypto exchange, in collaboration with the Dubai Sports Council, has announced the Open Padel Cup for Government Institutions as the Title Sponsor during a press conference held on November 19th, 2024. Scheduled from December 13 to 15, the Open Padel Cup Championship invites all government institutions across the UAE to participate. To promote amateur participation, professional players registered with clubs or the UAE Padel Association are not eligible, ensuring over 300 Emirati amateurs can take part in this competition.

Padel has been gaining traction in Dubai as a fun and engaging way to promote a healthy lifestyle and enrich the local sports culture. The Dubai Sports Council has recently spearheaded the Padel Cup Tournament initiative, partnering with KuCoin for the event, which is organized by Royal Griffin Event and hosted at JUST PADEL facilities.

As the title sponsor, KuCoin has expressed strong confidence in the economic prospects of the Middle East, particularly the UAE and Dubai, especially regarding the immense potential of the cryptocurrency market. Over the past few years, KuCoin has established many meaningful partnerships in Dubai’s vibrant city and has been actively involved in various local activities. Last year, KuCoin sponsored the COP28 Global Climate Change and Green Blockchain Summit and hosted the “KuCoin Green Future Charity Gala Dinner,” supporting various charitable causes.

At the press conference, Harry Chan, the representative from KuCoin highlighted the synergy between sports and blockchain technology, noting that both fields emphasize collaboration and innovation. Padel is a sport that requires high levels of teamwork and strategic thinking, aligns with the decentralized cooperation and innovative spirit of blockchain technology. “We believe that through activities like the Open Padel Cup for Government Institutions, we can better communicate the core values of blockchain technology to the public and inspire more innovative ideas,” said the KuCoin representative, and “help bring in and connect global responsible companies and talents”. This event marks the latest in a series of collaborations by KuCoin in Dubai, underscoring its long-term commitment to the Dubai market.

Fawzia Faridoun, Director of the Community Sports Department at the Dubai Sports Council expressed pleasure in partnering with KuCoin to promote the city’s sports culture and healthy lifestyle, looking forward to deeper cooperation in the future.

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About KuCoin

Launched in September 2017, KuCoin is a leading crypto exchange and financial technology platform with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement, KuCoin offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 37 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of November 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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ESG (environment, social, and governance) is not only an important driving force for promoting the long-term sustainable development of enterprises, but has also become a key factor in enhancing their comprehensive competitiveness. However, as the discussion around ESG has progressed to the present day, there have been an increasing number of related doubts. Especially for enterprises in Asia, the world’s fastest-growing region, finding a balance between achieving ESG goals and maintaining profitability has become an important issue that urgently needs to be addressed.

Against this backdrop, the 7th ESG Annual Summit of The Asset, with the theme of “Staying the course, scaling up,” was recently held in Singapore. This summit brought together outstanding entrepreneurs, investors, and policymakers around Asia to jointly explore how to integrate ESG into corporate strategies and look forward to new opportunities for future business development. As a partner of the Summit, President and CIO of Reynold Lemkins Liu Haoran shared his view on how corporate financing and risk management strategies should effectively combine with the ESG concept.

How should investors choose enterprises with long-term value?

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Reynold Lemkins Group has been committed to playing the role of “patient capital,” providing long-term and stable support and companionship to enterprises, and actively involving more long-term investors in the market. At the same time, Reynold Lemkins is also committed to supporting companies that can not only bring financial returns but also have long-term value. Liu Haoran said at the event, “As an investment institution, Reynold Lemkins Group has been working to promote the formulation of sustainable investment standards. Currently, we have multiple methods to evaluate whether potential investment targets have long-term value of sustainable development.”

Liu Haoran first emphasized that Reynold Lemkins closely follows the latest reports of third-party ESG rating agencies. As shown in MSCI’s 2023 report, companies with higher ESG scores usually outperform their peers in the long term. At the same time, Reynold Lemkins conducts an in-depth analysis of the relationship between a company’s financial performance and its ESG commitments through financial statements, ESG reports released by the company, and third-party audit data. The company’s innovation ability is also an important factor to consider about, companies that integrate sustainable innovation into their products and services are more likely to succeed in the future.

How can institutions lead the implementation of the ESG concept?

In the subsequent sharing, Liu Haoran mentioned, “With the rise of ESG investment, investors have begun to use more data sources to enhance their understanding and analysis capabilities of enterprise operations. Regulatory policies play an important role in this process, especially by formulating standardized disclosure requirements, which have promoted the standardized development of global sustainable investment.”

Liu Haoran pointed out that in April this year, the State Council of China issued the new “Nine Provisions,” which clearly proposed to improve the sustainable information disclosure system of listed companies. Subsequently, the Shanghai, Shenzhen, and Beijing Stock Exchanges issued relevant self-regulatory regulatory guidelines, putting forward specific requirements for the sustainable information disclosure work of listed companies in terms of constructing a sustainable development information disclosure framework, clarifying disclosure topics, and encouraging companies to make voluntary disclosures. Since the policy was proposed, 41 listed companies in the A-share market have successively disclosed the implementation rules of the board of directors’ strategy and ESG committee or the company’s ESG management system. At the same time, 114 companies have disclosed their 2023 ESG reports, an increase of 58.33% compared with the same period last year.

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Meanwhile, regulatory agencies in Hong Kong are also actively promoting ESG development. In January this year, the Securities and Futures Commission of Hong Kong (SFC) stated that it would prioritize the transformation of the financial market through technology and ESG in the next three years. At the same time, Hong Kong has also strengthened the requirements for information disclosure of listed companies, promoting the improvement of market transparency and helping investors make more informed decisions.

Liu Haoran said, “By adapting to these changes in new regulations and using the newly added data and analysis tools, investors can better integrate ESG factors into investment decisions, enabling them to identify companies that are truly committed to long-term value and sustainable development.”

How can technology enhance ESG investment insights?

Liu Haoran believes that artificial intelligence and machine learning algorithms have been widely used to analyze ESG-related big data. AI can help us identify patterns and trends in the data, thereby optimizing investment strategies. According to Gartner’s forecast, by 2025, more than 50% of large enterprises will use AI to support their ESG strategies, indicating that the role of AI in ESG investment will become increasingly important.

He also added, “Blockchain technology also plays an important role in promoting supply chain transparency and ethical procurement, which is crucial for ESG compliance. According to the forecast of the World Economic Forum, by 2030, blockchain will save nearly $300 billion in costs in the global supply chain while improving transparency and traceability.”

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Liu Haoran said that with the popularization of sustainability reporting software, the collection and reporting of ESG data have become more efficient, ensuring the accuracy and compliance of reports. Integrated solutions and tracking tools provided by companies such as Enablon and Sphera help enterprises manage and report their ESG performance more transparently.

“Technology not only enhances our data analysis capabilities but also helps us keep up with the trend of global sustainable investment. Reynold Lemkins will continue to be committed to standing at the forefront of this change, using technology to promote smarter and more efficient investment decisions, so that every investment can not only bring financial returns but also promote the sustainable development of society and the environment.”

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