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Converge Technology Solutions Achieves Master Services Competency for Network Virtualization

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Converge Technology Solutions Corp. (“Converge” or “the Company“) (TSXV:CTS)  (FSE:0ZB) (OTCQX:CTSDF) announced today that it has successfully achieved a Network Virtualization VMware Master Services Competency. This competency demonstrates that Converge is committed to helping organizations accelerate their digital transformations by leveraging their validated services delivery capabilities around advanced VMware technologies.

“As we move into Phase 3 of Converge’s strategic plan, delivering VMware based Private Cloud/Managed Services capabilities into our mid-market customer base is a key aspect of our multi-cloud strategy,” said Shaun Maine, CEO of Converge. “We continue to invest in capabilities with the goal of categorizing 20% of our revenue as recurring and aim for the majority of that being derived from VMware’s offering on our Private Cloud/Managed Services. Moreover, we advanced our ability to deliver market leading VMware solutions in the US and Canada with our recent acquisition of PCD Solutions, in addition to achieving Premier status in VMware’s CloudHealth Partner Program.”

“VMware is pleased to recognize Converge for achieving a Network Virtualization Master Services Competency. This achievement shows customers that partners like Converge are dedicated, invested and have validated expertise in advanced VMware technologies,” said Jenni Flinders, vice president and worldwide channel chief, VMware. “We value Converge as a VMware partner and appreciate its efforts in achieving this VMware distinction as it works to increase its service delivery capabilities.”

VMware Master Services Competencies are designed to help partners demonstrate customer-centric solutions and technical proficiency, with proven success and expertise in a specialized area of business. These competencies also allow partners to differentiate themselves in five specific solution areas. To date, Converge has secured three of the five achievable Master Services Competencies in VMware Cloud on AWS, Data Center Virtualization, and Network Virtualization.

VMware partners can achieve VMware Master Services Competencies in:

  • Cloud Management and Automation – Designates expertise in delivery of VMware Cloud Management and Automation solutions and services with deep understanding and execution of cloud management design principles and methodologies. 

  • Data Center Virtualization – Designates expertise in delivery of VMware vSphere environments and digital infrastructure services with deep understanding of and execution in Data Center Virtualization design principles and methodologies. 

  • Digital Workspace – Designates partner organizational expertise to design, deliver and support the ongoing management of customer apps, data and virtual desktop solutions whether on-premise or cloud delivered. Achieving this competency validates partners’ deep understanding and execution on VMware Horizon and VMware Workspace ONE end-user computing solutions.

  • Network Virtualization – Designates expertise in the delivery of VMware NSX environments and services with deployment and optimization of NSX environment capabilities.

  • VMware Cloud on AWS – Designates expertise in the deployment of an integrated cloud solution that delivers an on-demand service enabling customers to run applications across a VMware Cloud Infrastructure environment with access to a broad range of AWS services.

The VMware Partner Network is the framework for collaboration between VMware and its partners, offering a wide range of benefits, training, certifications and rewards. The VMware Partner Network includes a range of programs to meet the needs of a variety of partner expertise. Read more about VMware Partner Network.

Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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Blockchain

Indonesian President Cautions Against Crypto in Money Laundering Risks

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The President of Indonesia has issued a warning regarding the potential risks of cryptocurrency-related activities, particularly concerning money laundering. This caution comes amidst growing concerns about the misuse of cryptocurrencies for illicit purposes.

The Indonesian President has raised alarms about the possibility of cryptocurrencies being utilized for money laundering schemes. This apprehension underscores the need for enhanced vigilance and regulatory measures to combat financial crimes involving digital assets.

Indonesia’s stance reflects broader global efforts to address the regulatory challenges posed by cryptocurrencies and their potential implications for financial stability and security. Authorities worldwide are increasingly scrutinizing cryptocurrency transactions to prevent illicit activities and safeguard the integrity of the financial system.

In light of these concerns, Indonesia is likely to implement stricter regulations governing cryptocurrency exchanges and transactions. Such measures aim to mitigate the risks associated with money laundering and other illicit activities facilitated by cryptocurrencies.

The Indonesian government’s cautionary approach underscores the importance of striking a balance between fostering innovation in the cryptocurrency sector and safeguarding against financial crimes. As the cryptocurrency landscape continues to evolve, policymakers and regulators face the ongoing challenge of adapting regulatory frameworks to address emerging risks and protect the integrity of the financial system.

Source: cryptonews.com

The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on HIPTHER Alerts.

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Blockchain

SEC Faces Lawsuit from CFAT and Blockchain Association

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The U.S. Securities and Exchange Commission (SEC) finds itself entangled in a legal battle following a lawsuit filed against it by the Crypto Federation of American Technology (CFAT) and the Blockchain Association. This lawsuit challenges the SEC’s recent regulations regarding digital assets.

The CFAT and the Blockchain Association have taken legal action against the SEC, disputing its regulatory approach to cryptocurrencies and other digital assets. This move comes amidst growing tension between regulators and the crypto industry.

The lawsuit challenges the SEC’s authority and the legality of its actions, particularly regarding the classification of digital assets as securities. The plaintiffs argue that the SEC’s regulations are overly broad and lack clarity, causing confusion and hindering innovation in the crypto space.

Moreover, the lawsuit alleges that the SEC’s regulatory framework stifles competition and unfairly favors certain market participants. The plaintiffs assert that the SEC’s actions harm consumers and hinder the development of innovative blockchain technologies.

In response, the SEC has defended its regulatory approach, emphasizing the need to protect investors and maintain market integrity. The agency maintains that its regulations are necessary to prevent fraud and ensure compliance with securities laws.

The outcome of this legal battle could have significant implications for the future of the crypto industry in the United States. Depending on the court’s ruling, it could either provide clarity and regulatory certainty for market participants or further complicate the regulatory landscape for digital assets.

Source: analyticsinsight.net

The post SEC Faces Lawsuit from CFAT and Blockchain Association appeared first on HIPTHER Alerts.

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