Blockchain
Mr. Zach Du Chao Gives His Support to NYU Shanghai New ESG Center
Shanghai, China–(Newsfile Corp. – December 13, 2022) – In December 2022, the board director of the NYU Shanghai Education Development Foundation, Mr. Du Chao, initiated a fund for the NYU Shanghai Environmental, Social, and Corporate Governance (ESG) Research and Learning Center. This ambitious plan aims to boost climate governance efforts at a global level. The fund will support the establishment and operations of the ESG Research Center.
The ESG Research Center will commit to promoting global sustainability concepts in terms of scientific research, education, and social influence. It will promote dialogue and advocate for collaboration on projects with the relevant government departments, social organizations, and corporations in disparate fields. Some major areas that will be explored include green finance, U.N. Sustainable Development Goals (SDG) financing, and China’s global climate governance policy.
With its unique global advantages and great interdisciplinary concepts, NYU Shanghai will fully advance the research on these topics through the ESG Research Center. Leveraging these strengths helps to promote in-depth discussions and great scientific research development.
NYU Shanghai’s excellence deeply lies in its position as one of the three degree-granting campuses in NYU’S global system. It will highly benefit from the great academic resources in green finance, environmental science, and social science. As a result, it will be able to produce meaningful results within the shortest time possible.
Furthermore, NYU Shanghai intends to develop an advisory board for the research center. The advisory board’s committee is dedicated to providing feedback and counsel to the management. It will help the research center advance into one of the best ESG research centers in China and worldwide.
Mr. Du Chao has long participated in global environmental and social issues. He is one of the most active young philanthropists in modern China. Mr. Du Chao’s philanthropic interests stem from child welfare, global health, arts, and cultural exchange to higher education.
He has held highly esteemed positions in fields of his career. For instance, he has served as Children Guardian Ambassador for UNICEF, an active member of the Philadelphia Orchestra’s Global Music Center Advisory Board, and a member of Lincoln Center President’s Council in New York.
In 2021, he joined the NYU President’s Global Council and was appointed as the Philanthropy Mentor for NYU Shanghai. In 2022, Mr. Du Chao became a member of the Board of Directors for the NYU Shanghai Education Development Foundation. He said that he believes that NYU Shanghai’s academic excellence attracts great minds worldwide and provides excellent scientific findings to global environmental problems.
Chairman of Huaren Recycling (China) Group, Mr. Hong Jinzhou, also expressed his expectations for this ESG carbon-neutral center. Huaren Recycling Group is among China’s leading environmental protection and recycling companies. Mr. Hong believes that establishing this carbon neutral center at NYU Shanghai is well aligned with the developments of the current era. He will join in to support this center as an important partner and believes that such partnership will carry profound impacts in the future.
Co-chair of Worldview Global Impact (WGI), Jasmine Wang, is actively looking for organizations, institutions, and individuals worldwide dedicated to promoting sustainability; Mr. Du Chao funding the ESG research center is a great recent example. WGI is a non-profit organization dedicated to promoting the activities of the United Nations Sustainable Development Goals (SDGs) and impact investing. It mobilizes diverse resources for pragmatic and effective social impact. Jasmine looks forward to committing her efforts to support ESG endeavors such as this ESG research center at NYU Shanghai.
For more details about this news and more stories on ESG and sustainable development, please reach out to Jasmine Wang at [email protected].
Resource:
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147789
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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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