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AI-powered trade, innovation deepen China-ASEAN ties
Globenewswire· 2025-06-03 11:53
Core Insights - The integration of AI technology is significantly transforming cross-border trade and logistics between China and ASEAN countries, enhancing efficiency and safety in operations [4][5][6][8]. Group 1: AI in Trade and Logistics - Vietnamese truckers are utilizing AI-enabled devices for navigation and safety, facilitating smoother transport into China [1]. - Friendship Pass, as China's largest land port with ASEAN, has implemented AI for customs clearance and cargo inspection, reducing the need for human intervention [5][6]. - AI applications in logistics are revolutionizing the industry, with platforms monitoring real-time interactions between support staff and truckers [7][8]. Group 2: AI Innovations and Collaborations - Guangxi Beitou IT Innovation Technology Investment Group has developed an AI platform that analyzes drivers' facial expressions to enhance safety, providing services to over 10,000 drivers [8]. - The region is focusing on creating AI products tailored for ASEAN markets, including air-ground inspection drones and digital certificate platforms [9]. - Guangxi has established the China-Laos AI Innovation Cooperation Center, marking a significant step in AI collaboration between China and ASEAN [12][13]. Group 3: Regional AI Development Initiatives - The Wuxiang Cloud Valley AI Intelligent Computing Industrial Park aims to foster AI development and resource sharing across ASEAN industries [16][17]. - Guangxi's vision includes constructing a network of AI industrial parks, targeting an output of AI-related industries exceeding 100 billion yuan (approximately 13.9 billion USD) by 2027 [23]. - Nanning is actively building the China-ASEAN AI Innovation Cooperation Center, focusing on AI, new energy applications, and health technologies [20][21][22].
MemeSwap线下门店爆红华人圈,打破加密金融想像
Sou Hu Cai Jing· 2025-06-03 02:58
从台湾中环、新加坡乌节路、吉隆坡武吉免登到台北信义区,MemeSwap线下门店凭借科技感强烈的设 计与高频次社群活动,迅速吸引了大量加密爱好者、年轻投资者及Web3创业者前来打卡交流。绿色主 色调搭配深蓝LOGO,在城市街头格外醒目,代表着"安全、科技、未来"的平台精神。 据介绍,MemeSwap是全球首批采用"线上引流+线下门店+DAO治理"三位一体生态模型的DeFi平台。 平台通过社交媒体、短视频内容、社区任务等线上方式建立流量入口,再将流量引导至线下门店完成身 份验证、代币体验、知识培训、社区治理等链上与链下结合的用户转化流程,真正实现"Web3落地、触 手可及"。 在各地门店中,用户不仅能接受钱包操作培训、参与DAO社区提案,还可以使用$TESTA兑换平台限定 周边、报名参与线下任务挑战、获取专属NFT徽章。每位走进门店的用户,皆是去中心化社区共识的一 份子。MemeSwap让原本高冷的区块链技术,真正变得"有人讲、能体验、可使用",极大降低了用户的 认知门槛。 【2025年6月】在加密货币日益走向主流化的当下,MemeSwap 正以独特的"线下+链上"融合模式,成为 亚洲华人市场最炙手可热的DeFi ...
美国银行专家见解-稳定币与即将到来的变革 -行业概述
2025-06-02 15:44
Accessible version Value creation could occur outside the legacy banks… At this stage we are not particularly concerned about the ability of the banks to retain deposits or serve as the primary provider of day-to-day banking services. The risks we see stem from the potential that future value creation tied to deposits/payments would occur outside the banking sector. Most recently, we have seen this unfold in the private credit/direct lending space where investors have afforded premium P/E multiples to these ...
NewGen Announces Planned $30 Million Strategic Investment in Solana Digital Asset Staking
Globenewswire· 2025-06-02 12:30
Core Insights - NewGen is expanding its digital asset portfolio by investing US$30 million in staking Solana, demonstrating a commitment to blockchain technology [1][2][3] - The investment will be financed through existing credit facilities totaling US$126 million [1] - This move follows an initial US$1 million investment in Bitcoin made in December 2024, indicating management's confidence in blockchain assets [3][4] Company Strategy - NewGen plans to establish a dedicated subsidiary focused on digital asset operations and investments, enhancing operational focus and strategic flexibility [3] - The investment in Solana is seen as a natural evolution of the company's digital asset strategy, reflecting a growing conviction in digital assets as a legitimate asset class [4] - The company aims to leverage Solana's high-speed transaction capabilities and staking rewards to create value for shareholders [2][4] Industry Context - Solana is recognized as a leading blockchain platform with a growing ecosystem of decentralized applications, which aligns with NewGen's strategic positioning [2] - The staking mechanism of Solana allows token holders to earn rewards while supporting network security and decentralization, presenting significant growth potential [2]
Zefiro Publishes Whitepaper for its Lifecycle Solution Suite of Environmental Technologies
GlobeNewswire News Room· 2025-06-02 11:30
Core Insights - Zefiro Methane Corp. has launched the Zefiro Lifecycle Solution (ZLS), which utilizes artificial intelligence for advanced modeling and analytics related to methane leak measurement and environmental attributes [1][3] - The ZLS platform aims to enhance transparency and visibility for stakeholders, including clients and government agencies, by providing a user-friendly dashboard [1][3] - The company has published a whitepaper detailing the ZLS platform, its components, and its alignment with market needs in sectors such as resources, energy, and commercial banking [3][4] Company Overview - Zefiro Methane Corp. specializes in environmental services focused on methane abatement and aims to be a key player in the Active Sustainability movement [8][9] - The company is building a comprehensive toolkit to address methane leaks and their impact on air, land, and water sources [8] - Zefiro's business model includes the scalable aggregation, verification, standardization, and delivery of environmental data for carbon credit issuance [4] Leadership and Expertise - Richard Walker, the Chief Technology Officer and Head of Environmental Markets Operations, authored the ZLS whitepaper and has over 30 years of experience in enterprise technology strategy [5][7] - Walker's background includes senior leadership roles at Bain & Company, Deloitte, IBM, and BearingPoint, contributing to Zefiro's competitive advantages [5][7] Collaboration and Partnerships - Zefiro has collaborated with entities such as CarbonAi, Keynum, and Geolabe to enhance the capabilities of the ZLS platform [4] - The company is focused on building partnerships with industry operators, state agencies, and federal governments to further its environmental initiatives [10]
Repeat: EAT & BEYOND ANNOUNCES PROPOSED NAME CHANGE AND UPDATED INVESTMENT POLICY
Globenewswire· 2025-06-02 11:30
VANCOUVER, BC, June 02, 2025 (GLOBE NEWSWIRE) -- Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), is pleased to announce that it is proposing a name change and an expansion of its Investment Policy to reflect a change in strategic focus. Proposed Name Change Subject to shareholder approval, the Company intends to change its name from “Eat & Beyond Global Holdings Inc.” to “Digital Asset Technologies Inc.”. The proposed name change is intended to repr ...
X @UK CBT
UK CBT· 2025-06-02 11:03
We are honoured to share that @NikhilVadgama will be speaking at the Parliamentary Blockchain Roundtable.📅 Date: 3 June🏛️ Venue: Houses of Parliament, LondonThe discussion will focus on:Blockchain and digital assets policyInnovation and regulationThe future of the UK’s digital economyGlad to support the event by @Brit_blockchain 🇬🇧 ...
Better Growth Stock: Block vs. SoFi Technologies
The Motley Fool· 2025-05-31 08:20
Core Viewpoint - SoFi Technologies is positioned as a stronger investment opportunity compared to Block, primarily due to its growth potential in the online banking sector and the challenges faced by Block in the payment technology space [2][13]. Company Overview - SoFi Technologies operates as an online bank, providing a range of services including checking and savings accounts, loans, credit cards, investing services, insurance, and travel planning, without any physical branches [4][10]. - Block, formerly known as Square, focuses on payment acceptance technology and has ventured into cryptocurrency, but faces stiff competition and market saturation [14][15]. Growth Potential - SoFi has experienced significant customer growth, increasing from over 1 million members in early 2020 to nearly 11 million by the end of Q1 2023, with expectations of continued growth and a revenue increase of around 25% for the full year [10][11]. - The global online banking market is projected to grow at an average annual rate of 40% through 2034, with North America being a key market for SoFi [11]. Financial Performance - Analysts maintain a strong buy rating for Block, despite its shares being down over 70% from their 2022 peak, with a consensus price target of $66.86, indicating potential for recovery [3]. - Block is expected to see only 4% sales growth this year, with a slight acceleration to 10% next year, which is considered modest compared to SoFi's growth trajectory [16]. Market Trends - A 2024 survey indicates that 22% of U.S. bank customers prefer using personal computers for banking, while 55% prefer mobile apps, highlighting a shift towards digital banking solutions that SoFi capitalizes on [7][8]. - The payment acceptance market is becoming increasingly crowded, with established players like PayPal and tech companies entering the space, which poses challenges for Block [15][20].
CORRECTION: VivoPower Announces XRP-Focused Digital Asset Treasury Strategy and US$121 Million Private Placement Priced at US$6.05 Per Share, Above Last Market Closing Price Under NASDAQ Rules
Globenewswire· 2025-05-30 11:36
Company Overview - VivoPower International PLC is transforming into the world's first XRP-focused digital asset enterprise, focusing on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy [2] - The company operates globally, with a presence in the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia, and is recognized as an award-winning global sustainable energy solutions B Corporation [3] Business Units - VivoPower has two main business units: Tembo and Caret Digital. Tembo focuses on electric solutions for customized fleet applications and ancillary services such as financing, charging, battery, and microgrids [3] - Caret Digital is dedicated to maximizing the use cases for renewable power, including digital asset mining [3] Recent Developments - VivoPower announced a US$121 million private placement priced at US$6.05 per share, which is above the last market closing price, as part of its new strategic direction [1]
Spirit Blockchain Capital Reports Q1 2025 Operational and Financial Highlights
GlobeNewswire News Room· 2025-05-29 22:00
Core Insights - Spirit Blockchain Capital Inc. reported key milestones and unaudited financial results for Q1 2025, highlighting progress in financing, product launches, and operational capabilities [1][3] Financial Performance - The company completed a CAD $2.11 million Listed Issuer Financing Exemption Offering in February 2025 to strengthen its balance sheet [6] - Cash and cash equivalents at the end of the quarter were CAD $1,118,585, an increase from CAD $929,194 at year-end 2024, with a working capital surplus of CAD $729,781 [6] - The entire EOS-tranche of convertible debentures amounting to CAD $1,105,024 was converted into equity, eliminating related interest and derivative liabilities [6] Product Development - On March 27, 2025, Spirit Digital AG launched the Spirit Ethereum Yield+ ETP and Spirit Solana Yield+ ETP on SIX Swiss Exchange and Deutsche Börse, providing regulated, exchange-listed vehicles for ETH and SOL staking strategies [6] Market Positioning - The company upgraded to the OTCQB® Venture Market under the ticker "SBLCF" on April 22, 2025, enhancing access for U.S. investors [6] - Inder Saini was appointed as CFO to strengthen financial controls, and a strategic partnership was formed with Astralane to develop a Staked SOL Index [6] Company Overview - Spirit Blockchain Capital Inc. focuses on blockchain infrastructure and digital asset yield opportunities through three verticals: infrastructure yield, blockchain investments, and regulated exchange-listed products [3]