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