Blockchain
Phoenix Finance wins the Asian Banker’s “Digital Wealth Management Service of the Year in China” Award
The Wealth and Society Summit 2019 hosted by the Asian Banker was held in Shanghai on December 6th. Chairman of the Asian Banker Mr. Emmanuel Daniel, managing director of Rockefeller Capital Management Mr. Guy Dietrich, professor of Shanghai Advanced Institute of Finance Mr. Wu Fei and other experts and academics attended this summit.
Phoenix Finance is a comprehensive intelligent financial service platform established by Phoenix TV Group for global Chinese. The Asian Banker presented the award “Digital Wealth Management Service of the Year in China” to Phoenix Finance for its excellence achievements in products and services, technological empowerment, social impacts and other aspects in the field of wealth management.
The Global Wealth and Society Awards are known as the “Oscar in Finance” and “Digital Wealth Management Service of the Year in China” is the only award in digital wealth management area. Stringent evaluation rules with highest international standards are followed by the Asian Banker under the Global Wealth and Society Awards programme. The Wealth and Society and the International Advisory Council evaluated institutions’ products and services, social influence, staff skills, technology and efficiency, value of franchise, financial performance and achievements in the year. Phoenix Finance successfully undergone these stringent evaluations and became the only winner of this award not only for its innovation and development in digital wealth management services but also for its outstanding comprehensive strength.
Mr. Vince Zhang, president of Phoenix Finance, and Mr. Bo Liang, general manager of the Wealth Management Center of Phoenix Finance attended the summit. Mr. Zhang gave a keynote speech and participated in a round-table discussion entitled “Wealth and technology: opportunities and prospects”. He said that China will become the largest market with per capita investable assets exceeding two trillion yuan by 2020, and most high-net-wealth users will choose mobile applications for wealth management, which provides the important development base for China’s intelligent wealth management.
According to the official profile from Phoenix Finance, its main target user group is emerging wealthy group whose investable assets are between 300,000 to 10 million yuan. Phoenix Finance has formed a blueprint in intelligent finance field since 2015. And up to now, it has successfully established a set of cutting-edge Fintech-based intelligent technological architecture with the implement of big data, artificial intelligence, blockchain and other high technologies. In its wealth management business, in order to provide users customized wealth management services, Phoenix Finance has produced many application-level products and services such as smart wealth management product “Phoenix Accurate”, fully-automatic trading strategy product “Magic Mirror Robo-advisor”, and intelligent news analysis engine “Fengming Intelligent Information”. All these products and services have greatly improved the company’s service efficiency as well.
Wealth management business of Phoenix Finance adopts the Internet-led online marketing and servicing model and provides offline services to perfect the online ones. Meanwhile, it establishes “life-cycle value management system”and sets up “Prestige Club” to meet users’ demands at different wealth management processes with various products and portfolios.
Except from an honor for Phoenix Finance to win this award, it also indicates the Asian bankers’ prediction on development trend of digital wealth management and recognition and appreciation of representative institution’s innovation value. In the future, competition in the wealth management market will be fiercer, and investors’ demands will be more diverse, so technology and services will be the decisive winning point in the competition between wealth management institutions.
SOURCE Phoenix Finance
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
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
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
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
BRICS vs. USD: Blockchain’s Role in Economic Shifts
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.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
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.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
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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Blockchain
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