Blockchain
The First Micro and Small Businesses Ecosystem Conference and Official Launch of MCEX Held in Macao
The First Micro and Small Businesses Ecosystem Conference and Official Launch of MCEX (MCEX Vision 2023) were held in Macao on the afternoon of August 3. It was honoured by the presence of Mr. Ho Iat Seng, Chief Executive of the Macao Special Administrative Region (Macao SAR), Mr. Zheng Xincong, Director of the Liaison Office of the Central People’s Government in the Macao SAR and Mr. Liu Xianfa, Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the Macao SAR. Mr. Charles Li, Founder and Chairman of Micro Connect, and Mr. Gary Zhang, Founder and CEO of Micro Connect, also attended the event, joined by an audience of over 600 guests, including investors, representatives of China’s micro and small businesses, and media.
Micro Connect Macao Financial Assets Exchange (MCEX) is a new exchange group digitally connecting global capital with China’s micro and small businesses to establish a new financial market with high inclusivity and social impact. As MCEX’s inaugural conference on micro and small businesses in Macao, MCEX Vision 2023 carries significant meanings.
Mr. Lei Wai Nong, Secretary for Economy and Finance of the Macao SAR, said in his speech, “After its official launch, MCEX can take advantage of Macao’s policy advantages and highly open financial system to guide international funds to invest in Macao. By precisely empowering micro and small businesses in the Chinese Mainland via the new interconnectivity mechanism, MCEX can help diversify Macao’s economy and contribute to the high-quality development of the Chinese economy.”
Mr. Charles Li, Founder and Chairman of Micro Connect, said, “August 3 is a special day. Two years ago, today, we announced the launch of Micro Connect. We have gradually delivered the promises of connecting global capital with China’s micro and small businesses. Now that the company has completed a new round of fundrasing and MCEX is in operation, we have entered a new stage of development. MCEX is a new market, and we expect to see more ecosystem partners to join us, pool their wisdom and insights, and explore the investment opportunity in the blue sea of China’s micro and small businesses.”
As a brand-new financial infrastructure, MCEX empowers the real economy, and brings the consumption sector with new opportunities. During the conference, Mr. Charles Li, Founder and Chairman of Micro Connect, and Mr. Gary Zhang, Founder and CEO of Micro Connect, held separate panel discussions with Mr. Luo Zhenyu, Founder of DeDao, and Mr. Ding Liye, Chairman of SCPG, sheding light on the financial revolution in the digital age and the evolution of micro and small businesses empowered by new financial infrastructure.
During the roundtable, Mr. Ramon Li, Partner and China CEO of Micro Connect, exchanged in-depth thoughts with Ms. Li Chengjing, Co-founder of Nan Hotpot, Ms. Chen Ziwei, Founder of Savelots, Mr. Wang Jianlin, Founder of Mr. Judy, and Mr. Fang Lichen, Chairman of Cartoony World, on the resilience of China’s consumer brands.
During the official launch of MCEX, Mr. Gary Zhang, Founder and CEO of Micro Connect, said, “MCEX is a big platform, and it requires strong support and active participations of various partners to fully connect international capital with micro and small businesses. I hereby invite all of our dear friends to join us on this journey and show the world the power of micro and small businesses!”
After its official launch, MCEX will leverage the geographical advantage of Macao at the “intersection” of dual circulation to connect international capital with China’s micro and small businesses, enable business evolution via new infrastrucutre, and contribute to Macao’s economic diversification.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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