Connect with us

Blockchain

Ping An Releases 2019 Sustainability Report Becoming an Active Global ESG Influencer

Published

on

 

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) has published its 2019 Sustainability Report, highlighting the Group’s achievements and milestones in improving environmental, social and governance (ESG) performance in the past year, and its efforts in becoming an active global influencer in ESG.

Highlights of Ping An’s sustainability achievements include:

Better serve the real economy

Ping An provided risks protection for over 1,000 major projects of the Belt and Road Initiative and the development of the Greater Bay Area, served over 3 million small and micro enterprises with integrated financial services such as insurance, loans and financing, and provided over RMB1 trillion in insurance coverage and financing services for farmers and rural enterprises in 2019, providing greater dynamics and efficiency in the real economy.

Advertisement

Tech for Social Good

Powered by “finance + technology”, Ping An is committed to leveraging artificial intelligence (AI), blockchain and other core technologies to develop inclusive finance and its loan balance reached nearly RMB900 billion. Through online consultation and intelligent management solutions, Ping An’s medical technology benefitted over 300 million patients and assisted 14,000 community-level medical institutions and 300,000 doctors in 2019. Ping An integrated the ethical and legal requirements into the product life cycle, in order to ensure the “human-oriented” and “tech for social good” technological development.

Exerting insurance’s nature in risk management

Ping An made more efforts to develop and provide social security products, inclusive financial products and environmental products under the theme of sustainable development. In achieving a stable growth in its insurance performance, Ping An is committed to providing risk protection for social equity and sustainable development. In 2019, Ping An’s sustainable insurance insured amount reached RMB121.21 trillion.

Co-development with employees during fast growth

Advertisement

Ping An attaches great importance to talent attraction, and focuses on cultivating and motivating employees, identifying talents and meeting development needs with technological means. In 2019, the company developed a customized career development and education system with total training amounted to RMB1.096 billion. Meanwhile, we have implemented the core employees stock ownership scheme since 2015 and launched the employee long-term service scheme in 2018. Ping An constantly shares its development achievements with employees to boost the company’s long-term co-development.

Upholding responsible investment and promoting its development in China

Ping An is striving to become a leading responsible investor in China and exploring the global responsible investment market. The Group became the first asset owner signing United Nations-supported Principles for Responsible Investment (UNPRI) in China. In 2019, green investment reached RMB51.245 billion, social and inclusive investment amounted to RMB903.204 billion, the balance of green credit loans reached RMB24.273 billion and the balance of social and inclusive loans amounted to RMB898.921 billion.

Advancing the “Ping An Rural Communities Support” initiative

Ping An furthered the “Ping An Rural Communities Support”. In 2019, regarding the Village Officer Program, the total poverty alleviation fund granted was RMB15.745 billion. For the Village Doctor Program, 949 village and township clinics were upgraded, 554 mobile health checks in countryside were conducted and 11,175 village doctors were trained. Regarding the Village Teacher Program, 11,826 village teachers were trained and 1,054 village primary schools were upgraded.

Advertisement

The Group adopted multi-dimensional and multi-layered methods to achieve poverty alleviation through industry promotion, healthcare and education support, aiming at not only poverty alleviation, but also the sustainable development of the rural population. As of 31 December 2019Ping An had implemented the “Ping An Rural Communities Support” in 21 provinces or autonomous regions across China, and worked out an innovative poverty alleviation model of “education supporting training, industry-oriented self-sustaining capacity building, One Village and One Product, and production and sales empowering”.

Given the recent outbreak of the 2019 novel coronavirus (COVID-19), Ping An has mobilized resources and assisted in the society’s efforts to control the epidemic. To date, Ping An had donated up to RMB61.5 million to fight the epidemic and provided free insurance for 8 million disease control and medical staff members and 15,000 volunteers. Meanwhile, Ping An had provided an exclusive epidemic relief fund of up to RMB100 million for public security police and auxiliary police force who were at the frontline of epidemic prevention and control. The fund will also help the forces’ families. These efforts are proof of Ping An’s commitment towards social contribution as a responsible enterprise.

Richard Sheng, Secretary of the Board and Brand Director of Ping An said, “Ping An has been improving its ESG performance to promote its comprehensive value in the capital market. We believe that, supported by excellent ESG management and practice, Ping An will achieve better risk management, seize the opportunities to boost the steady development and demonstrate its capacity of creating long-term value for investors.”

Committed to its responsibility to investors, Ping An made remarkable progress in authoritative ESG Ratings. MSCI upgraded Ping An’s ESG rating in 2019. Besides, Ping An became the first insurance company from mainland China to be selected in the 2019 Dow Jones Sustainability Emerging Markets Index. Ping An had also been recognized with a B-level rating in the Carbon Disclosure Project (CDP), which was ranking third among all Chinese companies and first among Chinese financial companies.

 

Advertisement

SOURCE Ping An Insurance Group Ltd.

Blockchain

Blocks & Headlines: Today in Blockchain – May 16, 2025

Published

on

blocks-&-headlines:-today-in-blockchain-–-may-16,-2025

 

A Pivotal Moment for Blockchain’s Many Frontiers

Today’s briefing arrives at a crossroads in blockchain’s evolution. From AI-driven Layer-1 grant programs to gamified resets in Web3, from supply-chain trust revolutions to exchange-driven token incentives, and high-stakes regulatory leadership shifts, the industry is charting new territory on multiple fronts. As builders, investors, and policymakers navigate this shifting terrain, five stories stand out for their potential to reshape blockchain’s trajectory:

  1. Lightchain Protocol AI unveils a $150,000 developer grant program to onboard top builders in AI × blockchain.

  2. Blockchain gaming experiences its lowest engagement of 2025, signaling a sector reset toward sustainability.

  3. Norwegian Seafood Council research highlights blockchain’s trust-building power in global supply chains.

  4. MEXC Exchange announces the Einstein (EIN) listing on July 20, 2025, buoyed by a $50 million rewards event.

  5. Summer Mersinger, a US CFTC commissioner, is tapped as CEO of the Blockchain Association, marking a pivotal regulatory turn.

In this op-ed–style briefing, we’ll unpack each development, explore its implications for blockchain, cryptocurrency, Web3, DeFi, and NFTs, and assess how these narratives intersect to define today’s momentum.


1. Lightchain Protocol AI’s $150K Grant: Catalyzing Decentralized Intelligence

What happened: On May 15, 2025, Lightchain Protocol AI—a Layer-1 blockchain optimized for AI workloads—launched its Developer Grant & Ecosystem Incentive Program, pledging up to $150,000 in total funding to on-board teams building dApps, explorers, wallets, analytics dashboards, DeFi protocols, NFT platforms, and AI-powered modules on its network. Grants are milestone-based (up to $5,000 per milestone), accompanied by technical support, co-marketing, and ecosystem visibility. Source: Bitcoin News

Advertisement

Why it matters: Lightchain’s move underscores the growing fusion of AI and blockchain. By allocating resources to builders at the intersection of these technologies, the protocol signals that the next wave of innovation will hinge on intelligent smart contracts, federated learning coordination, and on-chain decision-making. For developers, this grant lowers barriers to entry and emphasizes sustainable, value-driven growth over token speculation.

> “We’re seeking impactful projects that align with Lightchain AI’s goal of bridging AI and blockchain—everything from AI prediction markets to compute marketplaces.” > — Lightchain Protocol AI Core Team

Implications:

  • DeFi & NFTs: Expect AI-augmented lending protocols and NFT platforms with dynamic metadata driven by on-chain models.

  • Ecosystem Growth: Lightchain’s aggressive grant strategy may spur competitors (e.g., Ethereum layer-2s) to bolster their own builder incentives.

  • Governance & Sustainability: The milestone-based approach aligns funding with tangible progress, a model DeFi DAOs may increasingly adopt for resource allocation.

Source: Bitcoin News


2. Blockchain Gaming’s 2025 Low: A “Reset” Toward Quality

What happened: According to Crypto.news, blockchain gaming saw daily active wallets dip to 4.8 million in April 2025—a 10% month-over-month decline and the lowest point of the year for Web3 gaming. Share of the DApp ecosystem for gaming fell to 21%, now tied with DeFi, while AI projects surged to 16% of on-chain activity. Funding also plunged nearly 70% from March to $21 million in April, though Arbitrum Gaming Ventures deployed $10 million from its $200 million fund to support titles like Wildcard, XAI Network, and Proof of Play. Source: Crypto.news

> “Capital is harder to secure, but that’s not necessarily bad. Weak projects are falling away, and funds are flowing into builders laying the groundwork for the next generation of blockchain games.” > — Sara Gherghelas, DappRadar Analyst

Why it matters: The downturn reflects a market recalibration from token-centric models toward user engagement, game mechanics, and interoperability—key for mainstream adoption. High-profile missteps (e.g., Square Enix shelving Symbiogenesis, Sega’s experimental launch of KAI: Battle of Three Kingdoms) contrast with enduring partnerships like Ubisoft + Immutable’s Might & Magic card game.

Advertisement

Implications:

  • DeFi and Gaming Convergence: As DeFi’s share remains steady, expect crossover innovations (e.g., on-chain staking integrated into gameplay).

  • Investor Focus: Sustainable tokenomics over ‘yin-yang’ hype; capital will favor projects with robust retention metrics and revenue models.

  • NFT Utility: Gaming’s reset may accelerate evolution of NFTs beyond collectibles into dynamic, utility-driven assets.

Source: Crypto.news


3. Deepening Trust in Seafood with Blockchain Transparency

What happened: Perishable News reported on May 15, 2025, that the Norwegian Seafood Council found 89% of consumers desire more information on seafood sourcing. Producers are piloting decentralized blockchain solutions to trace products “sea to shop floor,” sharing immutable data on species, harvest location, handling, and quality checks to reassure ethically conscious buyers. Source: Perishable News

Why it matters: While most blockchain discourse orbits finance and gaming, supply-chain applications represent a mass-market use case for Web3. Immutable provenance data combats fraud, illegal fishing, and mislabelling—an urgent concern as global seafood consumption climbs.

Implications:

Advertisement
  • Consumer Engagement: Brands adopting on-chain traceability can premium-price products by verifying sustainability standards, fair labor practices, and environmental impact.

  • DeFi Integration: Tokenized incentives could reward ethical producers or create staking mechanisms for supply-chain stakeholders.

  • Broader Web3 Adoption: Success in seafood may catalyze blockchain tracking in agriculture, pharmaceuticals, and luxury goods.

Source: Perishable News


4. MEXC’s Einstein (EIN) Listing & $50 Million Rewards Event

What happened: PR Newswire announced on May 16, 2025, that MEXC, a leading global crypto exchange, will list the Einstein (EIN) token on July 20, 2025 (UTC). To celebrate, MEXC has launched a $50 million EIN rewards event, offering incentives through trading competitions, referral bonuses, staking pools, and community tasks. Source: PR Newswire

Why it matters: Large-scale rewards events can drive short-term volume spikes and social engagement, but they also test community loyalty and tokenomics viability. EIN’s positioning as a “science-minded” utility token in educational and research partnerships adds thematic depth to what might otherwise be a routine exchange listing.

Implications:

  • Trading & Community Growth: Expect surges in trading volume, potentially setting new ATHs for MEXC’s platform metrics.

  • DeFi Crossplay: EIN holders may see integration into DeFi protocols for governance, liquidity mining, and educational grants.

  • Regulatory Watch: Large-scale token events continue to attract scrutiny over securities classifications and promotional compliance.

Source: PR Newswire

Advertisement

5. Summer Mersinger Becomes CEO of the Blockchain Association

What happened: Gadgets360 reported that on May 14, 2025, the Blockchain Association confirmed that Summer Mersinger, currently a commissioner at the US Commodity Futures Trading Commission (CFTC), will step down on May 30 and begin as the Association’s CEO on June 2. Mersinger has championed balanced, consumer-focused digital asset rules and will spearhead advocacy for fit-for-purpose legislation alongside US regulators. Source: Gadgets360

> “Summer’s knowledge of how elected officials think through complex questions will be vital as we await next steps on stablecoin and market structure bills.” > — Blockchain Association

Why it matters: The appointment bridges regulatory expertise and industry advocacy at a moment when Congress is eyeing stablecoin frameworks and broader crypto oversight. Mersinger’s shift signals a blurring of lines between government and industry, with potential to accelerate law-making and foster public-private collaboration.

Implications:

  • Policy Acceleration: Expect renewed momentum on stablecoin legislation, DeFi disclosures, and market-structure rules by August 2025, per administration timelines.

  • Industry Confidence: Firms may feel emboldened to innovate under clearer regulatory signals, supporting growth in DeFi, NFT marketplaces, and tokenized asset offerings.

  • Global Alignment: US-led regulatory frameworks often influence EU and APAC regimes—this leadership change could ripple through the international policy landscape.

Source: Gadgets360


Conclusion: Five Threads Weaving Tomorrow’s Blockchain Fabric

Today’s headlines paint a multifaceted portrait of blockchain’s ongoing maturation:

Advertisement
  1. Ecosystem Incentives: Grant programs like Lightchain’s signal a builder-first ethos, turbocharging AI × blockchain synergy.

  2. Quality Over Hype: Gaming’s dip reflects a necessary market reset, steering capital to sustainable, engagement-driven projects.

  3. Real-World Utility: Supply-chain transparency demonstrates blockchain’s power beyond finance, enhancing consumer trust.

  4. Tokenomics in Motion: Exchange listings and rewards events underscore the ever-evolving interplay between liquidity, community, and utility.

  5. Regulatory Convergence: Leadership moves like Mersinger’s appointment highlight the tightening feedback loop between policymakers and the Web3 sector.

As blockchain, cryptocurrency, Web3, DeFi, and NFTs continue to intersect, today’s developments underscore a pivotal shift: the industry is moving from speculative frontiers to pragmatic, real-world applications—backed by funding, governance, and policy frameworks that prioritize longevity and trust. Keep these threads in mind as we watch the next chapters unfold.

The post Blocks & Headlines: Today in Blockchain – May 16, 2025 appeared first on News, Events, Advertising Options.

Continue Reading

Blockchain

Saudi Arabia Loan Aggregator Market Report 2025: Retail Digital Payments Hit 70% as Tech Adoption Transforms Saudi Financial Services – Competition, Forecast & Opportunities to 2030

Published

on

saudi-arabia-loan-aggregator-market-report-2025:-retail-digital-payments-hit-70%-as-tech-adoption-transforms-saudi-financial-services-–-competition,-forecast-&-opportunities-to-2030

Saudi Arabian Loan Aggregator Market

Continue Reading

Blockchain

Mercurity Fintech’s Subsidiary Grows Cross-Border Business Advisory Services with New Asia-Pacific Healthcare Client Engagement

Published

on

Continue Reading
Advertisement
 title=

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE