Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

UnionBank Joins Hands with Huawei to Build an Intelligent DataCenter Network

Published

on

 

The Union Bank of the Philippines, more commonly known as UnionBank, is recognized as one of Asia’s leading financial institutions, ranking among the country’s top universal banks in terms of profitability and efficiency. As a high-flyer, UnionBank has earned ample awards and recognition over the years; it has taken home the Asset Triple A’s Digital Bank of the Year 4 times, and won the Digital Trailblazer award in the Asia/Pacific region by IDC. It was also voted as the Most Recommended Retail Bank in Asia Pacific by BankQuality.com.

UnionBank has always spearheaded technological innovations to empower its customers. It is fully committed to being the Philippines’ leading bank of innovation to best serve the growing needs of Filipinos everywhere. It stands firm in its promise to power the future of banking by co-creating innovations for its customers and for a better world!

UnionBank is diving deeper into digital transformation, spanning network infrastructure, organizational structure, and operational mode. Data is exploding in the digital era, and it is the data center (DC) that processes and stores so much data, especially an enterprise’s core data and production systems; it is also the starting point of business innovation. UnionBank is among the first to embrace digital transformation by building a next-generation DC architecture and promoting data center network (DCN) transformation. The resulting benefits include more agile and reliable networks, higher-quality services, and more energetic business innovation.

Originally, UnionBank operated an active/standby disaster recovery (DR) DC architecture that was built on legacy devices. This legacy network architecture, however, became less practical as the bank’s services developed. There were challenges in rapid and elastic scaling, agile deployment, or E2E automation, and meeting agile service innovation requirements. To overcome these challenges, the bank needed to build a next-generation smart DCN as soon as possible.

Advertisement

After careful consideration and comparison, UnionBank finally decided to join hands with Huawei to build a smart DCN. The bank came to its decision based on Huawei’s unrivaled strengths, including future-oriented DCN architecture, smooth network migration and evolution, a simplified and intelligent DCN O&M system, and customer pain point-targeted real-time service support.

1. Future-Oriented DCN Architecture, Facilitating Efficient Migration and Smooth Evolution

Huawei’s CloudFabric Autonomous Driving Network Solution for DCs helped UnionBank build a future-proof, world-leading DCN, in which active and standby DCs are built on a VXLAN-based software defined networking (SDN) spine-leaf architecture, N resource pools are built based on the resource attribute categories, and iMaster NCE-Fabric is deployed to implement automated network deployment and elastic scaling. iMaster NCE-Fabric is also used to manage firewalls and load balancers from multiple vendors, enabling pool-based value-added services such as security and load balancing.

When it came to migrating and upgrading UnionBank’s production network, the time window for such operations needed to be strictly limited to guarantee bank service continuity and minimize migration impacts on the services. This was a big challenge. To overcome this, Huawei carefully designed a smooth, convenient migration solution, which could be implemented in four simple steps.

The first step is to build a new SDN network. iMaster NCE-Fabric discovers and maps the legacy network configurations to ensure high configuration consistency between the new and legacy networks. The second is to migrate Layer 2 services. iMaster NCE-Fabric streamlines Layer 2 configurations of the legacy and new networks and automatically migrates servers (physical and virtual machines). The third is to migrate Layer 3 services. iMaster NCE-Fabric streamlines Layer 3 configurations of the legacy and new networks and migrates Layer 3 gateways to the new network. This is how service migration is completed. The very last, simple step is to verify service continuity. Namely, iMaster NCE-Fabric verifies network connectivity, service paths, and change impacts to ensure that all the service systems are working properly.

Advertisement

After dozens of network migrations in early mornings, Huawei successfully migrated the bank’s legacy architecture to a future-proof DCN architecture without triggering any configuration rollback or network accidents.

2. E2E, High-Level Automation, Facilitating Network Simulation and Change Evaluation

As agile service innovation gains momentum, the UnionBank’s DC needs to be able to rapidly respond to service needs. This can hardly be achieved on such a busy network, on which numerous new services and a large number of changes are made per year, over 3000 on average. To handle this, network engineers must spend more than half of their time in adapting the network to new services and changes. Typically, the routine approach to making a network change is to design a change solution based on expert experience, evaluate change impacts, implement the solution, and manually check the change result. This, however, cannot prevent change errors as networks keep scaling out and become increasingly complex.

iMaster NCE-Fabric can handle all of this. Through modeling and simulation, it can automatically evaluate change risks and impacts, execute changes, and perform post-change verification, ensuring error-free network changes that can perfectly meet customer expectations. Not only this, customers can also create continuous monitoring tasks on iMaster NCE-Fabric, so that their services can run under constant guarantee.

3. AI-Powered “1-3-5” Intelligent O&M, Redefining How to Operate and Maintain DCNs

Advertisement

To improve customer experience and efficiency, UnionBank launched the on-line registration service, enabling customers to enjoy high-quality financial services from the comfort of their own home. As the service became more popular, many customers encountered frequent service access failures or frame freezing, leading to numerous complaints. In response, the bank began to locate the fault on its DCN; however, it was exceedingly difficult to detect network delay jitter and packet loss in the traditional O&M mode that favored manual operations and heavily depended on expert experience. Fault locating was also time-consuming and labor-intensive in this mode because engineers needed to obtain packets node by node for locating. All of this fed into a less-than-ideal customer experience.

This is where Huawei’s iMaster NCE-FabricInsight comes in. It innovatively applies AI into DCN O&M, helping UnionBank implement intelligent DCN O&M in all scenarios. To elaborate, it enables telemetry-based all-scenario KPI subscription in seconds, establishing a five-dimensional, real-time network health evaluation system. The dimensions are device, network, protocol, overlay, and service. In addition, leveraging Huawei’s over 30 years of O&M experience and tens of millions of data samples, iMaster NCE-FabricInsight can identify correlations between network objects and conclude fault spreading rules based on big data mining and modeling, thereby accurately detecting 75 types of typical faults in 1 minute, locating them in 3 minutes, and rectifying them in 5 minutes. Not only this, iMaster NCE-FabricInsight achieves a future-oriented shift from passive O&M to proactive O&M, freeing network engineers from the traditional labor-intensive, passive DCN O&M. This has empowered UnionBank to maximize its DCN O&M efficiency.

The smart DCN is just the beginning. UnionBank continues to push the envelope in its digital transformation journey by holding a groundbreaking virtual ceremony for its Innovation Campus — a real-estate development supportive of the institution’s innovation initiatives. This campus is also seen to be the hub for blockchain, AI, and other new technologies that will revolutionize people’s way of life. Huawei looks forward to cooperating with UnionBank in further fields and helping UnionBank delve deeper into digital transformation.

SOURCE Huawei Technologies Co., Ltd.

Advertisement

Blockchain

Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla

Published

on

digital-payment-gateway-market-industry-trends-and-opportunities-2030,-with-competitor-analysis-for-paypal,-stripe,-adyen,-worldpay,-razorpay-software,-mollie,-bluesnap,-klarna-bank-and-dwolla

Digital Payment Gateway Market

Continue Reading

Blockchain

Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users

Published

on

humanity-protocol-collaborates-with-okx-wallet-to-redefine-decentralized-identity-verification-and-reward-users

Humanity Protocol, a $1 billion decentralized, privacy-first digital identity blockchain project, is excited to announce its collaboration with OKX Wallet, which will serve as an identity validator for its testnet ecosystem. This collaboration introduces a seamless way for users to engage with decentralized identity while offering unique rewards for OKX Wallet participants.
Testnet users signing up with OKX Wallet will receive a 10% bonus in their airdrop allocation during the token launch. By connecting their OKX Wallet during the Humanity Protocol testnet registration process, participants will be issued a verifiable credential that confirms wallet ownership. This credential ensures fair distribution and protects user privacy, creating a seamless and secure onboarding experience.
Verifiable credentials form the foundation of Humanity Protocol’s decentralized identity system. These credentials validate wallets as unique OKX Wallet users, safeguarding the ecosystem from fraud, such as duplicate registrations and Sybil attacks. While operating behind the scenes, they play a critical role in maintaining transparency and fairness while enabling privacy-first participation in the network.
“We are thrilled to collaborate with OKX Wallet for our testnet,” said Terence Kwok, Founder of Humanity Protocol. “This collaboration strengthens our mission to create a secure, decentralized identity network. By combining Humanity Protocol’s privacy-preserving solutions with OKX Wallet’s trusted infrastructure, we’re not only simplifying user participation but also fostering trust and fairness across the ecosystem. Together, we aim to set a new standard for privacy and transparency in the blockchain space.”
OKX Wallet, known for its user-friendly design and robust security, plays a critical role in this collaboration by enabling secure wallet verification and streamlining user participation.
Humanity Protocol is dedicated to building a decentralized future rooted in privacy and security. By integrating OKX Wallet as an identity validator, the protocol ensures a trustworthy network that benefits both participants and the broader blockchain community.

The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.

Continue Reading

Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

Published

on

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

Advertisement

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.

Advertisement

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.

Advertisement

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.

 

Advertisement

The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.

Continue Reading
Advertisement
 title=
Advertisement

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