Blockchain
Indonesian Technology Company, WIR Group to Introduce the Indonesia’s Metaverse Prototype
Jakarta, Indonesia–(Newsfile Corp. – May 2, 2022) – WIR Group (JK: WIRG), an Indonesia-based metaverse technology company from Indonesia, will reveal a prototype of Indonesian metaverse in November 2022, to coincide with the momentum of the 2022 G20 Indonesia Presidency. With a vision to create ‘a liveable world of metaverse for everyone’, WIR Group is committed to enrich life experiences for individuals, companies, and societies through digital reality solutions covering Augmented Reality (AR), Virtual Reality (VR) and Artificial Intelligence (AI).
Indonesia becomes one of the fast country adopter for Metaverse
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The metaverse platform being developed by WIR Group will bridge businesses and consumers. It will be the gateway that lead humans to various digital experiences, and at the same time become a platform that can provide new employment opportunities.
The company has signed a number of MoUs for cross-sector collaboration to join the metaverse, with partners that include Bank Rakyat Indonesia and Bank Negara Indonesia from the financial sector. Most recently, WIR Group signed partnership agreements with various entities including Jakarta Fashion Week (JFW), retail giant Alfamart, FMCG company Kalbe Nutritionals, Indonesian independent music label Sun Eater, property developers Vasanta and Triniti Land, and many others.
WIR Group (WIRG) has officially listed its shares on the Indonesia Stock Exchange on April 4, 2022. Through an IPO, WIR Group released 2.33 billion new shares or 20% of the issued and fully paid capital after the IPO, and an additional 233.7 million shares due to excess orders in the centralized allotment. “The high public enthusiasm for WIR Group, which is reflected in the large number of orders that we received, shows the market’s confidence in the company’s fundamentals and prospects. We will maintain this trust by continuing to develop innovations to provide technology solutions for businesses in various sectors to help them face the challenges of this borderless digital era,” said Michael Budi Wirjatmo, President Director of WIR Group.
Since 2009, WIR Group has completed thousands projects and served clients in over 20 countries including the US, Germany, Spain, Nigeria, Singapore, Malaysia, Thailand, the Philippines and Myanmar. WIR Group has received multiple international acknowledgements and accolades, such as the Excellent Communications Design Apps in the 2020 German Design Award, AR Best Campaign at the Augmented World Expo’s 7th Annual Auggie Awards 2015 and 2016 at the Silicon Valley, Innovation 40 from The New Economy London on the London Stock Exchange, and Forbes’ Metaverse Tech Companies to Watch in 2022.
WIR Overview:
WIR Group is one of the pioneers in the Southeast Asian Augmented Reality (AR) technology industry that has developed solutions for numerous foreign companies by combining immersive technology such as Virtual Reality (VR) & Artificial Intelligence (AI). In its biggest innovation called the Metaverse Indonesia, WIR Group presents the Metaverse world experience by putting forward elements of local wisdom in Indonesian culture. As the metaverse software technology company from Indonesia, WIR Group plans to introduce the Metaverse Indonesia prototype in November 2022.
WIR Group has the vision to create a liveable world of metaverse for everyone towards the Web 3.0 era.
Since 2009, WIR Group has completed thousands of projects and served clients in over 20 countries including the US, Germany, Spain, Nigeria, Singapore, Malaysia, Thailand, the Philippines and Myanmar. WIR Group has received multiple international acknowledgements and accolades, such as the Excellent Communications Design Apps in the 2020 German Design Award, AR Best Campaign at the Augmented World Expo’s 7th Annual Auggie Awards 2015 and 2016 at the Silicon Valley, Innovation 40 from The New Economy London on the London Stock Exchange, and Metaverse Tech Companies to Watch in 2022 according to Forbes.
For further information:
Kurniati – Marketing Communications Manager
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122314
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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