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
Blockchain
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Blockchain
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Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
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The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
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The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
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Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
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Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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