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Blockchain

Samsung Goldex Announced to Establish Gold & Crypto Asset Bank

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Samsung Goldex announced that it will actively promote the establishment of “Gold & Crypto Asset Bank”, a new decentralized financial institute, combining the conventional gold exchange with the DEX. More specifically, the blockchain-based ledger is introduced in the gold market to cover digital gold platform and gold NFTs, as well as gold money, the traditional valuable assets.

For this purpose, Samsung Goldex has signed the number of memorandum of agreements (MOAs) with banks and conglomerates in major cities worldwide, such as in Japan, ChinaIndiaBangladeshNepalIndonesiathe PhilippinesThailandVietnam, the Middle East (Bahrain GCC), and Africa.

They further plan to create a blockchain ecosystem in cooperation with the Dash Gold Foundation in Indonesia and the Philippines. To support the framework of Samsung Goldex, Dash Gold Foundation has entered into partnership agreements with SADAD in Bahrain, Mandiri Bank in Indonesia, and Union Bank of the Philippines, as well as technical agreements (mainnet-based DEX standard) on blockchain with Bitmain and bmaill.

The cryptocurrency exchange, with Gold Stable Coin and Gold Token to be produced later, will be governed by the Samsung Goldex Foundation.

“The new attempt to establish Gold & Crypto Asset Bank, combining gold exchange and DEX, is expected to bring new vitality to the blockchain investment market based on stability and liquidity of gold even in recession and cryptocurrency downturn,” said the official of Samsung Goldex.

Meanwhile, the Samsung Goldex Foundation, Family Japan, and POS signed a contract for blockchain business and “Gold & Crypto Asset Bank” of Samsung Goldex Foundation. The three companies plan to initiate a decentralized banking business combining gold exchange and DEX in major global cities as well as Japan and India.

SOURCE Samsung Goldex

Blockchain

Merging Traditions with Fintech and Blockchain Innovations

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Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations at MARE BALTICUM Gaming & TECH Summit

The financial industry is undergoing a seismic shift as fintech and blockchain technologies pave the way for unprecedented innovation and transformation. At the upcoming MARE BALTICUM Gaming & TECH Summit, a high-profile panel titled “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” will delve deep into this exciting evolution. This session will explore how established financial institutions are integrating these advanced technologies to revolutionize services, enhance security, and increase efficiency.

Moderator: Anna Agu

Leading the panel is Anna Agu, CEO and Managing Partner at Lex Law Office OU and Director at Lex Law Office LT UAB. With her extensive legal expertise in the fintech sector, Agu is perfectly positioned to guide the discussion, ensuring a thorough exploration of the delicate balance between maintaining traditional financial principles and embracing innovative technologies.

Panelists:

  • Merit Leib – Compliance Consultant at LEIB Regulatory & Compliance Risk Consulting
  • Astra Tikas – Founding Board Member of INO (Internet Native Organization)
  • Dr. Dean Rakic – Chief Scientist at Blockcontrol
  • Saulius Racevicius – Senior Associate of PSP Lab LLP and Board Member of the Fintech Hub LT
  • Evaldas Krampas – CEO at SpectroCoin and Head of Crypto Hub Lithuania

Why Attend?

The “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” panel at the MARE BALTICUM Gaming & TECH Summit is a must-attend for professionals across the financial sector. Here’s why:

  1. Gain Comprehensive Insights: Learn from top experts about the latest trends, challenges, and opportunities in fintech and blockchain.
  2. Regulatory Perspectives: Understand the importance of compliance and how to navigate regulatory challenges effectively.
  3. Technical Knowledge: Dive deep into the technical aspects of blockchain integration and learn about cutting-edge developments.
  4. Practical Implementation: Gain practical insights into how traditional financial institutions are successfully integrating new technologies.
  5. Networking Opportunities: Connect with industry leaders and peers who are driving innovation in finance.

Join Us

This panel provides a unique opportunity to stay ahead of the curve in the rapidly evolving financial landscape. Join us at the MARE BALTICUM Gaming & TECH Summit to explore how fintech and blockchain technologies are reshaping finance and what it means for the future. Engage with industry leaders, gain actionable insights, and network with peers at the forefront of financial innovation.

Secure your spot today and be part of this transformational journey. Don’t miss the chance to be involved in discussions that will shape the future of finance. See you at the MARE BALTICUM Gaming & TECH Summit!

The post Merging Traditions with Fintech and Blockchain Innovations appeared first on HIPTHER Alerts.

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Blockchain

North America B2C E-Commerce Market & Payment Innovation Trends Report 2024 – By 2025, Digital Wallets are Expected to Make Up Over a Quarter of Canada’s Online Payments

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Blockchain

BOX-GameFi Innovation in Entertainment: Integration of Blockchain Technology and Monopoly

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