TheBlockchainExaminer.com – Page 8

QUANTUM TEMPLE UNVEILS WORLD’S FIRST COLLECTION OF CULTURAL HERITAGE NFTs TO PRESERVE AND FUND ANCESTRAL COMMUNITIES

April 5, 2023 Published by TheBlockchainExaminer.com

Quantum Temple, the Web3 platform preserving cultural heritage, has unveiled the world’s first collection of cultural heritage NFTs – ‘Paths to Alangö’, a debut series of 11 ethnographic films as digital assets, featuring expressions of tangible and intangible culture from Bali, Indonesia. Developed in partnership with The Ministry of Tourism and Creative Economy of Indonesia, Quantum Temple has also confirmed the first recorded sale of a cultural heritage NFT for $97,000 (USD), with proceeds transparently directed to preserve and fund ancestral Balinese communities.

Using blockchain technology, 40% of the auction proceeds have been distributed directly to the local culture keeper of ‘Royal Topeng’ and 5% to a social impact fund for their community. The transparent distribution of NFT royalties to culture keepers respects the value of their work, providing more equitable revenue streams for local communities in perpetuity.

“We are thrilled to launch Quantum Temple with our debut collection of cultural heritage NFTs, ‘Paths to Alangö’ featuring Bali, and the historic auction of the first NFT, ‘Royal Topeng’. By immortalizing these cultural traditions and knowledge on the blockchain, we are enabling new pathways for positive stewardship of cultural heritage and transparent distribution of socio-economic benefits for its practitioners and the communities involved. We also hope this redefines the values of cultural tourism in connecting conscious travellers to local communities around the world.” Linda Adami, CEO and Founder, Quantum Temple

“When we were introduced to Quantum Temple last year, we did not think twice about giving our full support. Because at the heart of it, this new model values and protects our culture and people. Most importantly, it reminds us that human connection through arts and culture can be experienced in the digital age.” Angela Herliani Tanoesoedibjo, Vice Minister of Tourism and Creative Economy Republic of Indonesia.

The debut collection, ‘Paths to Alangö’, features Bali, Indonesia with 11 original ethnographic films as collectible NFTs. Each NFT represents a different aspect of Balinese cultural heritage, such as dances, temples, heritage sites, and philosophy, filmed on location against breath-taking backdrops of Bali’s cultural landscape.

The NFTs are created in partnership with local communities in Bali, leading anthropologists, and cultural heritage experts, ensuring that they accurately represent the expressions of Balinese culture. The ‘Paths to Alangö’ NFT collection is designed to be a source of income for Balinese cultural heritage keepers and a new approach to preserve and promote these ancestral communities and their knowledge, transparently distributing NFT royalties directly to the communities in perpetuity.

Future collections will include physical and experiential NFTs, and support ancestral communities in Peru, Panama and beyond.

Matrixport Successfully Integrates NEAR Protocol & NEP-141 Token with its Cactus Custody Institutional Offering

April 4, 2023 Published by TheBlockchainExaminer.com

Matrixport, one of the world’s largest and trusted digital assets financial services ecosystems, today announced that its institutional qualified custodian service, Cactus Custody, has integrated with NEAR Protocol, a rapidly growing Layer 1 blockchain ecosystem.

The partnership enables seamless support of the NEAR Protocol across all Matrixport services on Cactus Custody. This offers institutional clients an added layer of confidence in safeguarding their native NEP-141 NEAR token assets. Additionally, NEP-141 compatible projects can optimise DeFi operations to further catalyse growth via Cactus Custody’s robust DeFi connectivity solution.

Institutional-grade custody has become the cornerstone in building resilient, scalable and sustainable projects, as investors seek reliable and secure ways to manage their operational risks and store their digital assets.

Wendy Jiang, Head of Cactus Custody said, “We are delighted to collaborate with the NEAR Foundation to bring to life its vision of a blockchain operating system. The successful NEAR integration reflects our ongoing commitment to offer critical support services to projects and institutions. Such collaborations with industry-leading foundations enables us to develop and offer market relevant solutions to benefit institutions seeking to create value in a complex and evolving blockchain landscape.”

Marieke Flament, CEO of NEAR Foundation, said “Our goal at NEAR is to democratise access to Web3 and make it simple to use. Through the launch of the Blockchain Operating System and the integration of important platforms such as Cactus Custody’s institutional offering, we are on track to achieving our ambition to bring Web3 to different audiences – including investors, and to do so in a secure and reliable way.”

Cactus Custody, with its advanced custody solution, has emerged as the leading custody services provider in the market by employing advanced HSM cryptography that eliminates the critical attack vector of private keys. With a focus on creating a developer and user-friendly platform, this partnership will enable NEAR to reach a broader audience and ultimately bring the ecosystem closer to achieving its goal of mass web3 adoption.

Buy-backs and cancellation of shares in CoinShares International Limited

April 4, 2023 Published by TheBlockchainExaminer.com

As announced on 30 December 2022, the Board of Directors of CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe’s largest and leading digital asset investment and trading group, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 3 January 2023, up to and including 3 April 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

Broadridge and SDC to Deliver Enhanced Investor Voting Solution to the Nordic Markets

March 29, 2023 Published by TheBlockchainExaminer.com

To meet ongoing regulatory and market demand for increased governance and transparency, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has signed an agreement with SDC, a leading provider of banking systems in Scandinavia, to deliver its end-to-end digital voting solutions to SDC’s customers. Broadridge’s solutions will enable banks to make it easier for retail and institutional clients to vote.

Broadridge’s multi-award-winning digital voting and shareholder disclosure solutions use the latest API- and blockchain-based technologies to help SDC, and its customers in Scandinavia, by enabling easier corporate governance and investor engagement.

“SDC is the main supplier of banking systems to more than 100 banks in the Nordic region and therefore, it is of great importance that we can provide the system support that enables our banks to meet compliance requirements,” said Hilde Seljom, Department Director at SDC. “We see Broadridge as a professional supplier who can help us achieve this goal. We are very pleased with the collaboration with Broadridge, who shows great flexibility and insight into our business and the needs of our banks.”

SDC will leverage the solution to support the regulatory needs across its network of more than 100 Nordic banks, who will benefit from high levels of straight-through processing efficiency throughout the voting lifecycle for both retail and institutional customers.

“Choosing the right partner is so important in these times. Professional integrity, a proven track record, flexibility, along with best-in-class client service and data security, are all pivotal and key consideration points for our clients,” said Demi Derem, General Manager, International Investor Communications Solutions at Broadridge. “We are delighted to be chosen as SDC’s trusted partner. At Broadridge, we’re committed to accelerating global corporate governance standards for the benefit of all participants throughout the investment communications lifecycle. Through our collaboration with SDC, we’re looking forward to bringing greater transparency and higher levels of investor stewardship to the Nordic markets.”

Corporate Overview And Shareholder Update for Powerbridge Technologies

March 28, 2023 Published by TheBlockchainExaminer.com

With 25 years of experience, Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), is an established provider of a broad spectrum of digital solutions and technology services. The Company’s offerings range from SaaS to ePlatforms and to Smart Devices for global trade, education, travel and leisure, and digital assets. Powerbridge’s clients span a diverse range of global trade and cross-border participants to retail customers and educators. Since listed on Nasdaq, Powerbridge delved into the sectors of metaverse development, AI based education, and cryptocurrency.

Here is a brief overview of Powerbridge‘s corporate history:

2023: Announced plan to further enhance ChatGPT into education services
2023: Acquired majority stake in several high growth technology companies
2022: Engaged in M&A for AI and Blockchain technology companies
2022: Developed metaverse and NFT solutions for several industries
2021: Revealed plans to engage in digital assets for Bitcoin and Ethereum
2020: Developed an IoT platform and smart fixtures and equipment
2019: Listed on Nasdaq under the ticker symbol “PBTS”
2019: Began to provide digital solutions across multiple industries
2018: Developed Powerbridge BaaS platform and offerings
2016: Provided Powerbridge SaaS platform for cross-border eCommerce
2014: Launched Logistics Cloud platform and supply chain solutions
2010: Offered cross-border trade and eCommerce platforms
2007: Began to provide technology solutions and services for global trade
2000: Launched China’s first international trade ERP management software
1997: The Company was founded as a software development company

Overall, Powerbridge has a history of innovation and has continued to evolve and adapt to changes in the newest technology and services across multiple industries.

Here is a summary of the Company’s revenues over the past five years:

2021: $32.1 million
2020: $26.6 million
2019: $20.1 million
2018: $23.1 million
2017: $21.6 million

The Company primarily generates revenue through its digital solutions and ePlatforms. These services include:

Cross-border eCommerce Platform: Allowing businesses to import and export their products and providing services such as compliance and logistics
Logistics Cloud Platform: Providing supply chain management solutions that help streamline operations, optimize inventory, and improve delivery
SaaS Solutions: Offering various solutions for international trade and cross-border eCommerce, including data analysis and customer management

Powering New Business Lines

In 2022, the Company expanded its offerings to include metaverse and NFT solutions, demonstrating its continued commitment to staying at the forefront of emerging technologies. In addition, the Company began to explore M&A opportunities in the digital service, AI and Blockchain sectors, which led to the acquisition of majority stakes in several profitable technology companies in 2023.

Looking ahead, Powerbridge has announced plans to further enhance its presence in the education industry by leveraging AI and ChatGPT technologies. The Company also intends to continue its expansion into the digital assets market by engaging in cryptocurrency as part of its overall blockchain development strategy.

Powerbridge is committed to maintaining compliance and corporate governance standards. Stewart Lor, CEO of the Company, an American founder has increased his stake in the Company and assures stakeholders that the Company is unlike some other Chinese companies listed on U.S. exchanges for compliance and corporate governance practices.

With over 20 years of experience, Powerbridge has demonstrated a track record of doing business the right way and growing its business. As the Company looks into the future, Stewart Lor intends to lead and grow Powerbridge into a holding company that operates several leading-edge businesses. He expects the Company’s market capitalization to surpass $1 billion within the next two-to-three years.

With its continued dedication to innovation and emerging technologies, Powerbridge is poised for continued success to deliver long-term value to its shareholders.

Azentio Software Wins Gold Award for Best Industry Cloud ERP for Manufacturing

March 28, 2023 Published by TheBlockchainExaminer.com

Azentio Software is pleased to announce that it has been named Gold Winner of the ‘Best Industry Cloud ERP for Manufacturing’ category at the Middle East & North Africa Stevie^® Awards, held on Saturday 18 March at Waldorf Astoria Ras Al Khaimah in the UAE. The prestigious award recognizes organisations’ purpose-led innovation and excellence throughout 18 nations in the Middle East and North Africa. This recognition is a testament to Azentio’s commitment to providing innovative and reliable cloud ERP solutions that meet the needs of world-class manufacturing enterprises in the MENA region.

Azentio ONEERP Manufacturing Cloud is IR 4.0 compliant and supports digitization for manufacturing businesses in various domains, including food and beverage, pharmaceuticals, chemicals, and rubber and plastics. It is one of the first ERP platforms in the manufacturing industry to offer a ground-breaking blockchain-enabled Halal industry cloud solution.

The platform provides a fully integrated and collaborative system that merges digital manufacturing and SCM components to address dynamic conditions in the industry value chain and meet changing customer demands. It optimizes business processes for manufacturing, distribution, and financial management through advanced technology, robust software security, and best-in-class scalability.

Suryanarayan Kasichainula, President and Global Head – ERP at Azentio Software, commented, “We are thrilled to be recognized as the ‘Best Industry Cloud ERP for Manufacturing’ at the Stevie^® Awards. At Azentio, we strive to revolutionize how manufacturing enterprises operate in the modern era of cloud technology. Our cutting-edge ERP solutions empower our clients to undergo digital transformation and succeed in today’s challenging business landscape.”

Maggie Miller, President of the Stevie^® Awards, stated, “We were impressed by the capabilities of Azentio ONEERP Manufacturing Cloud, which powers many of the world’s mid-market enterprises. This state-of-the-art cloud platform brings together the capabilities of financials, procurement, project management, HR and FP&A onto a unified cloud platform that shares real-time, and is designed with a powerful, people-centric approach. It supports rapid and continuous change while delivering individualized fit for clients at scale, delivering the right tools to unify processes across the organization.”

BIT Mining Announces Sale of Remaining Shares of Crypto Flow Technology Limited

March 15, 2023 Published by TheBlockchainExaminer.com

BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or the “Company”), a leading technology-driven cryptocurrency mining company, today announced that the Company entered into a share sale and purchase agreement (the “Sale and Purchase Agreement”) with an unaffiliated third party (the “Buyer”), pursuant to which the Company agreed to sell, and the Buyer agreed to purchase, all of the Company’s remaining share ownership in Crypto Flow Technology Limited (“Crypto Flow”), previously known as Loto Interactive Limited, namely, 48,195,605 shares of Crypto Flow, representing approximately 8.79% of the total issued share capital of Crypto Flow, at the price of HK$0.38 per share (the “Sale Price”) for the total consideration of HK$18,314,330 (the “Transaction”).

The Transaction and its terms are subject to satisfaction of the conditions set out in the Sale and Purchase Agreement, including by relevant regulatory authorities. Upon completion of the Transaction, the Company will not own any shares in Crypto Flow.

Pursuant to the transaction previously announced on July 12, 2022, and completed on July 26, 2022, the Company sold approximately 51% of the total issued share capital of Crypto Flow, reducing the Company’s share ownership in Crypto Flow to 8.79%.

“We will remain focused and continue to devote resources to our mining operations in light of better cost control and operational efficiency improvement,” commented Mr. Xianfeng Yang, CEO of the Company.

Translucia Pioneers First-Of-Its-Kind ‘Multiverse Convergence’ Solution; ‘Metaverse Built for Good’ to Reimagine The Future Of Human Experiences

March 15, 2023 Published by TheBlockchainExaminer.com

Translucia Metaverse (Translucia), a joint venture between MQDC and T&B Media Global, two of Thailand’s most eminent real estate and entertainment conglomerates, launched a ‘Multiverse Convergence’ solution, its proprietary LightLink Protocol (LightLink), today. LightLink is the world’s first enterprise Layer-2 (L2) blockchain built to accelerate the entry of traditional businesses into Web3. By offering a low cost and easily accessible solution to third-party metaverses, LightLink enables enterprises to enter Web3 at scale.

Powering Metaverse Multiverse Convergence

Translucia is building critical infrastructure that will integrate third-party metaverse projects to enable interoperability, allowing for ‘Multiverse Convergence’ within popular Layer-1 (L1) blockchains.

Through LightLink, metaverses created and owned by different players can interoperate as well as integrate functionalities. This opens up new avenues for commerce and collaboration between metaverse owners, furthering innovation opportunities. Simultaneously, LightLink’s ‘Multiverse Convergence’ solution addresses the endemic fragmentation of the current Web3 ecosystem, allowing end-users to seamlessly connect across the ‘Internet Multiverse’.

Teleporting Legacy Enterprises onto Web3

A world first, LightLink’s enterprise mode removes the complexity and necessity of acquiring the L1 blockchain’s native token and reduces the onboarding fees required for businesses to leverage Distributed Ledger Technology. LightLink guarantees a pre-ordained throughput across its ecosystem, ensuring stable gas fees and consistent performance.

Existing L1 blockchains have built-in decentralization and security mechanisms that generate higher transaction gas fees in tandem with market demand. As such, gas fees can increase manifold when users compete for finite resources.

Anchored on Ethereum, the LightLink Protocol leverages Ethereum’s security features while ensuring predictability and stability in gas fees. In enterprise mode, LightLink users can interact with blockchains speedily, more efficiently, and at lower costs without compromising safety.

Mr. Athid Nanthawaroon, Executive Director, Translucia Company Limited, said, “Translucia is the ‘Metaverse Accelerator’ that the world needs as we move towards a new Internet era. The present metaverse remains both abstract and fragmented; inaccessible to most legacy businesses let alone the average user.”

“Translucia will integrate various Web3 ecosystems into a single ‘Multiverse’ that helps metaverse players unify their technologies, workflow, and user experience within one standardized platform. This collaborative intra-industry approach will not only accelerate humanity’s transition into hybrid reality, but create a more accessible and inclusive Web3 for everyone,” said Mr. Athid.

LightLink is currently designed for Ethereum and Polygon and is set to enable interoperability with other prominent blockchains in the near future.

‘Metaverse Built for Good’: A Global Collaborative Effort

Translucia will tap into T&B’s significant Business-to-Consumer credentials and extensive Intellectual Property portfolio of movies, television series, animations, and media personalities to support business partners in the development of immersive User Experience for their respective metaverse projects. Translucia will also co-create the foundation and functionalities of these metaverses, from infrastructure building to economics design and the tokenization of real-world assets.

Dr. Jwanwat Ahriyavraromp, CEO and Founder of T&B Media Global, Founder of Translucia, said, “Translucia was founded with the vision to empower people who aspire to be happy. Through our ‘Metaverse Built for Good,’ we aim to balance the social, economic and environmental needs of the world. The fully realized Translucia Metaverse will be an engine that drives goodness and wellness into a holistic form of prosperity and happiness.”

“Web3 advancements can bridge the digital divide and address inequality. Industry collaboration is essential to this goal. We have laid the groundwork for a scalable metaverse platform and invite Web3 architects and traditional businesses to join us in co-creating an interconnected metaverse ecosystem that spans across partners and networks,” said Dr. Jwanwat.

Translucia will continue to advance various global partnerships, including:

Tonomus, a leading technology enterprise powering the world’s first ecosystem of cognitive technologies;
Impact District, a Web3 enabler of meaningful experiences and opportunities through impact-driven organizations;
Band Protocol, a blockchain-agnostic decentralized oracle platform that connects real-world data and APIs to smart contracts;
Animoca Brands, a world renowned blockchain company based in Hong Kong, focused on building the Web3 digital assets ecosystem via its operations and investments.

Buy-backs of shares in CoinShares International Limited

March 10, 2023 Published by TheBlockchainExaminer.com

The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level):

Date	Number of shares acquired	Lowest price paid (SEK)	Highest price paid (SEK)	Volume weighted average (SEK)
03 March 2023	1,200	32.85	33.70	33.03
06 March 2023	1,124	31.55	32.80	32.71
07 March 2023	1,050	30.55	32.50	31.29
08 March 2023	320	32.00	32.60	32.42
09 March 2023	1,110	32.35	33.30	33.02
	4,804

All share buy-backs have been carried out on Nasdaq Stockholm Market by the Company. Following the above repurchases, the Company’s holding of own shares as of 10 March 2023 amounts to 325,902 shares. The total number of shares in CoinShares amounts to 68,135,425.

For a full break-down of repurchases made, please refer to the attached announcement.

OKX Wallet Integrates its 50th Blockchain, Paving the Way for a More Seamless Web3 Experience

March 10, 2023 Published by TheBlockchainExaminer.com

OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced the successful integration of 50 different blockchains across its Web3 product offering, marking a major step forward for its vision of creating the industry’s most advanced and inclusive Web3 ecosystem.

To celebrate the ’50 Chains’ milestone, OKX also launched a USDT airdrop campaign to reward its customers. To be eligible, users should:

Follow OKX Web3 on Twitter
Retweet this post
Join our Discord server

Full airdrop details as well as terms and conditions are available here.

OKX’s rapidly growing Web3 ecosystem is anchored by the versatile OKX Wallet, a self-custody crypto wallet which allows users to hold their own private keys. OKX Wallet is a portal to the Web3 world, enabling access to both OKX-developed and third-party decentralized exchanges (DEXs), DeFi yield services, NFT marketplaces and a wide range of dApps.

Haider Rafique, Chief Marketing Officer at OKX, said: “OKX is far more than a crypto exchange – we are a technology company building the infrastructure and tools that will enable a new realm of Web3 opportunities. With the integration of 50 blockchains to our platform, we are creating a more accessible ecosystem for users to enjoy the limitless possibilities Web3 can bring. The Web3 future isn’t coming – it’s already here on OKX.”

OKX has an ambitious roadmap for further ecosystem development and product expansion. The company plans to continue integrating new blockchains while also investing in research and development to enhance its existing infrastructure and services. Additionally, OKX will expand its educational initiatives in order to promote greater understanding and adoption of blockchain technology among a wider audience as Web3 solutions grow and evolve.

The chains supported are:

Type	Chain
EVM (L1)	IMX (WEB), Ethereum, OKC, BSC, Polygon, AVAX-C, Fantom, Klaytn, KCC, Metis, Boba, Gnosis (xDAI), Ronin, Moonbeam, Moonriver, Harmony, ETHW, ETHF, Flare, Celo, Core, ETC (Ethereum Classic)
EVM (L2)	Arbitrum One, Optimism, Cronos (EVM), Aurora, Arbitrum Nova
UTXO	ZCash, DASH, BTC, LTC, Bitcoin Cash, Doge
Cosmos	Cosmos Hub, Osmosis, Juno, Iris, Axelar, Stargaze, Kava, Kuji
Others	Tron, Solana, Aptos (Move Language), BSV, Achain, ARK, Nebulas, EOS, ICON

Date	Number of shares acquired	Lowest price paid (SEK)	Highest price paid (SEK)	Volume weighted average (SEK)
31 March 2023	3,520	33.05	34.55	33.54
03 April 2023	3,545	33.25	34.30	34.22
	7,065

Author: TheBlockchainExaminer.com