Blockchain
iSHANG and PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme
iSHANG Technology Limited (iSHANG), a leading technology company specializing in Web3 solutions, and PSC Insurance Holdings (HK) Limited (PSC Insurance), subsidiary of PSC Insurance Group publicly listed on ASX, are pleased to announce their collaboration on the Cyberport Web3 Proof-of-Concept Subsidy Scheme to develop a pioneering “Proof of Coverage” Insurance Solution (PoC Solution). The partnership between iSHANG and PSC Insurance brings together their expertise and resources to create a user-friendly interface for policyholders, implement advanced Web3 smart contracts, and establish a secure and scalable infrastructure. This innovative PoC Solution aims to revolutionize the insurance industry by introducing non-transferable NFT (non-fungible token) certificates for policyholders, providing a secure and transparent platform for managing insurance policies. For more information, please visit – https://ishang.com/psc-insurance-group/
The collaboration between iSHANG and PSC Insurance reflects the collective effort to propel the adoption of Web3 technologies and drive digital transformation within the insurance industry, key advantages of PoC Solution include: 1) creating a secure, tamper-proof and transparent record of all transactions; 2) reducing the time and costs associated with claims processing; and 3) using smart contracts to increase efficiency and eliminate the need for manual intervention in routine processes. Web3 technology and blockchain, coupled with PoC Solution, are revolutionizing the insurance industry. They provide insurance companies with a way to ensure data integrity, transaction security and transparency. By leveraging these tools, insurers can streamline claims processing, automate certain tasks and increase trust between insurers and customers.
“Our collaboration with iSHANG, exemplifies our commitment to driving innovation in the insurance sector,” said Dr. Hei Wong, Managing Director of PSC HK Insurance Group (PSC HK Group). “As the insurance industry continues to evolve, Web3 technology will undoubtedly play an increasingly important role in improving transparency and trust between insurers and their customers. With PoC Solution provided by iSHANG, we are confident in developing a secure and efficient platform for managing insurance certificates, ultimately enhancing the experience for our policyholders.”
“We are excited to collaborate with PSC Insurance on the ‘Proof of Coverage’ NFT Certificate Project, and we are grateful for the support from the Cyberport Web3 Proof-of-Concept Subsidy Scheme,” said Samson Lee, Co-founder and CEO of iSHANG. “This partnership, enables us to accelerate the development of our project and deliver a transformative solution to the insurance industry.”
The Cyberport Web3 Proof-of-Concept Subsidy Scheme plays a vital role in fostering innovation and adoption of Web3 technologies across various industries. By providing financial support, the scheme empowers businesses to explore the potential of emerging technologies and accelerate the commercial adoption of Web3 in different industry sectors.
As the insurance industry embraces digitization, the need for transparency and trust becomes critical. Web3 technology and blockchain are revolutionizing the industry, equipping it with cutting-edge tools to protect data integrity and secure transactions. The PoC Solution enables insurance companies to create transparent and secure records of all transactions, streamline claims processing and automate through smart contracts.
The post iSHANG and PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme appeared first on HIPTHER Alerts.
Blockchain
Blocks & Headlines: Today in Blockchain – May 28, 2025 (Angermayer, Soneium, ASIC, Guo, DMG)
Blockchain technology and cryptocurrencies continue to evolve at breakneck speed, driving new partnerships, regulatory battles, service launches, and environmental innovations. Today’s briefing highlights five pivotal developments:
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Christian Angermayer’s investment in Uranium Digital, signaling a shift toward tokenized commodities.
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Sony’s Soneium launch, embedding Web3 into entertainment via a layer-2 blockchain.
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ASIC’s lawsuit against a former Blockchain Global exec, underscoring regulatory scrutiny over exchange failures.
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Cointelegraph’s coverage of civil proceedings against Liang “Allan” Guo, reinforcing Australia’s hard line on director accountability.
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DMG Blockchain’s carbon-neutral Bitcoin transactions, blending green initiatives with custody services.
We’ll unpack each story with concise coverage, opinion-driven commentary, and “Source” attributions—arming you with context and SEO-rich keywords like blockchain, cryptocurrency, Web3, DeFi, and NFTs.
1. Christian Angermayer Backs Uranium Digital’s Tokenized Commodities
Summary: Christian Angermayer, the German biotech billionaire and prominent crypto investor, has joined Uranium Digital as a strategic investor and advisor—aiming to bring uranium trading onto blockchain rails and open commodities markets to tokenized liquidity .
Analysis & Commentary:
Angermayer’s move represents a pivotal moment for asset tokenization, blending commodity markets with DeFi liquidity. By leveraging blockchain’s transparency and fractional ownership, Uranium Digital could democratize access to a market historically reserved for large institutional players. However, regulatory frameworks for nuclear materials are stringent—navigating cross-border compliance will be as critical as the technical on-chain architecture. This partnership may set a precedent for other “hard asset” tokenization ventures seeking both capital and credibility.
Source: Fortune/Yahoo Finance
2. Sony’s Soneium: A Layer-2 Web3 Revolution for Entertainment
Summary: Sony’s new layer-2 blockchain, Soneium, launched in January 2025 to facilitate fast, low-cost transactions for gaming, NFTs, and creator economies. Built on Ethereum’s OP Stack, it has processed over 70 million transactions and hosts 62 dApps, including partnerships with Bandai Namco and Gaudiy.
Analysis & Commentary:
With Soneium, Sony is not just experimenting with blockchain; it’s reimagining digital ownership in entertainment. By targeting high-volume use cases—gaming items, fan tokens, event ticketing—Sony leverages its brand authority to accelerate Web3 adoption. Yet mainstream uptake hinges on seamless user experiences: integrated wallets, intuitive NFT management, and clear value for collectors. If Sony can mask blockchain’s complexity behind familiar interfaces, Soneium could become the template for corporate-led Web3 platforms.
Source: CCN
3. ASIC Sues Former Blockchain Global Exec Over $20M in Claims
Summary: The Australian Securities and Investments Commission (ASIC) filed civil proceedings against former Blockchain Global director Liang “Allan” Guo for allegedly misusing over A$20 million of ACX Exchange customer funds and breaching directors’ duties.
Analysis & Commentary:
This lawsuit highlights the regulatory imperative to protect retail crypto investors. As exchanges fail, the lack of segregated custodial accounts leaves users exposed to directors’ mismanagement. ASIC’s aggressive stance sends a clear signal: exchange governance and financial controls are non-negotiable. Blockchain firms must prioritize transparent accounting, regular audits, and robust compliance frameworks—or risk severe legal consequences.
Source: Decrypt
4. Australian Regulator Takes Guo to Court: Cointelegraph’s Perspective
Summary: Cointelegraph reports ASIC’s civil case against Allan Guo, focusing on alleged false statements and improper fund co-mingling at ACX Exchange, which left over A$22.7 million in creditor claims.
Analysis & Commentary:
Cointelegraph’s coverage underscores a broader trend: jurisdictional enforcement is catching up with crypto’s borderless nature. By spotlighting both Guo’s departure from Australia and the court’s pursuit, the story reinforces that geographical escape won’t shield executives from liability. Going forward, global crypto platforms must embed compliance in governance structures rather than treating it as an afterthought.
Source: Cointelegraph
5. DMG Blockchain Enables Carbon-Neutral Bitcoin Transactions
Summary: DMG Blockchain Solutions, via its subsidiary Systemic Trust Company and Terra Pool, now offers regulatory-compliant, carbon-neutral Bitcoin transactions using Fireblocks custody infrastructure and green energy-backed mining pools.
Analysis & Commentary:
By integrating carbon-neutral protocols into custody and settlement, DMG addresses the sustainability critique of Bitcoin. Financial institutions increasingly demand ESG-aligned crypto services; DMG’s offering could capture that market. The challenge lies in quantifying and auditing green claims, ensuring the offset mechanisms are transparent and verifiable. If DMG nails this, carbon-neutral Bitcoin may shift from niche demand to mainstream expectation.
Source: GlobeNewswire
Conclusion
Today’s stories illustrate how blockchain’s frontiers—from tokenized commodities and corporate Web3 platforms to regulatory crackdowns and green coin initiatives—are rapidly expanding. Key takeaways:
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Tokenization’s next wave: Hard assets like uranium may redefine DeFi’s scope.
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Enterprise blockchains: Sony’s Soneium could blueprint corporate-run layer-2 networks.
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Regulatory rigor: ASIC’s actions against Guo reinforce that compliance and fund segregation are mandatory.
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Sustainable crypto: Carbon neutrality in Bitcoin transactions is evolving from buzzword to business imperative.
Stay tuned for tomorrow’s Blocks & Headlines, where we’ll bring you the latest strategic partnerships, technological breakthroughs, and policy updates driving the blockchain revolution.
The post Blocks & Headlines: Today in Blockchain – May 28, 2025 (Angermayer, Soneium, ASIC, Guo, DMG) appeared first on News, Events, Advertising Options.
Blockchain
Streamex and BioSig Announce the Successful Closing of Share Exchange Transaction and Executive Leadership Changes Bringing a First-Mover Real World Asset Tokenization Company to the Nasdaq
Blockchain
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