algorigh-capital-joins-ncp-as-wonder-39-and-invests-in-wemix-for-node-staking

Algorigh Capital joins NCP as WONDER 39 and invests in WEMIX for node staking

 

Algorith Capital, a quant hedge fund, joined the 40 WONDERS, WEMIX3.0 mainnet NCP, as WONDER 39.

Algorith Capital is the world’s leading operator that specializes in investing various assets from traditional markets to cryptocurrency through data analysis.

As a NCP, Algorith Capital will help with the global expansion of WEMIX Ecosystem and also provide necessary support such as blockchain analysis, DeFi designing and other aspects.

Algorith Capital decided to invest in 1.5M WEMIX to acquire the resources for node staking as a WEMIX3.0 validator.

The 40 WONDERS validate the transactions and blocks of the WEMIX and maintain connections of additional nodes for stable operation of the mainnet.

More information on WEMIX3.0 can be found on the official website.

SOURCE Wemade Co., Ltd

web-30-era-begins,-lion-group-holdings-(lghl.us)-gets-a-head-start

Web 3.0 Era Begins, Lion Group Holdings (LGHL.US) Gets a Head Start

 

Lion Group Holding LTD. (“Lion Group” or “The Group”) (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services as well as a developer of new growth products including SPAC sponsorship, NFT and metaverse-related initiatives, today announced that Hong Kong’s Statement in support of the development of virtual assets will serve to further catalyze development of its existing Web 3.0 projects. LGHL is currently wrapping up phase one development of its metaverse project, Lion World.

Recently, the Financial Secretary of Hong Kong released a “Policy Statement on the Development of Virtual Assets (“VA”) in Hong Kong” (“the Statement”). The Statement outlined Hong Kong’s Policy on VA, with a view that Distributed Ledger Technology (DLT) and Web 3.0 have the potential to become the future of finance and commerce. It invites the global VA community to leverage Hong Kong’s status as an international financial center to realize the potential of financial innovations under a clear, agile and facilitating regulatory environment. The statement also announced a number of pilot projects which include non-fungible token (NFT) issuance, green bond tokenization and e-HKD.

Development of Lion World began in 2021 as an extension of its “Metaverse AI Tool” development partnership with Dawa Technology. Lion World, built with Unreal Engine 4, offers an expansive and fully immersive metaverse experience with the provision of tools and infrastructure to support a wide range of activities. This includes blockchain game development, supporting Indie game development through creation of easy to use UGC tools, on-chain verification, play to earn models, avatar systems and more. Metapals and Mecha are two blockchain games built within Lion World which will soon enter alpha testing.

Lion Group’s Metawords project in collaboration with world renowned artist Xu Bing seeks to pioneer a new use case for NFTs, allowing users to create their own stories through a universal lexicon of symbols from Xu Bing’s “Book from the Ground“.

Mr. Wang Chunning (Wilson), CEO of Lion Group Holdings, said, “Out of the global financial centers in which Lion Group operates, Singapore and Hong Kong remain key focus points for future development, with a series of outlined policies on virtual assets coinciding with LGHL’s current development outlook.

The appeal of virtual assets to global investors is evident, as outlined in the Statement, not only will there be future opportunities as virtual assets evolve within Web 3.0 and the Metaverse, but it is likely virtual assets will in future become an indispensable part of the market.” 

“We are convinced that the Web 3.0 era will bring huge benefits to the digital market and that Lion World with its core competitiveness will become an important metaverse project within this space.

“We are optimistic about the development prospects of Virtual Assets, Financial Technology and Web 3.0. We will continue to look forward as to how we can best apply new technologies and practices to improve businesses or innovate product experiences for users and will continue to strive to deliver meaningful value and growth for our shareholders.”

token2049-london-sold-out-and-set-to-welcome-thousands-in-the-financial-capital

TOKEN2049 London Sold Out and Set To Welcome Thousands In The Financial Capital

 

TOKEN2049 LondonEurope’s premier crypto event, has hit full attendee capacity, and is set to welcome thousands during the two day event on 9th and 10th of November at Magazine London.

Bringing together the most influential executives, founders, and thought leaders in Web3, the conference has published a comprehensive agenda which includes a stellar line up of speakers. Keynote speeches and panels will explore NFTs, the Metaverse, DeFi, global macro environments, Web3, DAOs, and many more, providing unparalleled networking opportunities.

Coinciding with London Crypto Week and situated by the heart of London’s financial district, TOKEN2049 London will serve as the capital’s meeting point for entrepreneurs, crypto enthusiasts, and industry insiders alike. Recent speaker announcements include Aptos Co-Founder and CEO Mo Shaikh, Outlier Venture’s Founder and CEO Jamie Burke, and Blockchain.com CEO and Co-Founder Peter Smith, transporting audiences to the frontline of the latest Web3 developments.

In anticipation of the event, Raphael Strauch commented, “We are delighted to share that TOKEN2049 London has hit full capacity. On the back of our record-breaking event in Singapore which hosted over 7,000 attendees, we believe more strongly than ever in the value that Web3 continues to contribute to established enterprise and social landscapes.”

china-singapore-guangzhou-knowledge-city:-creating-a-new-highland-of-knowledge-creation-and-building-a-demonstration-zone-of-opening-up-and-cooperation

China-Singapore Guangzhou Knowledge City: Creating a New Highland of Knowledge Creation and Building a Demonstration Zone of Opening up and Cooperation

 

On November 1, the 18th China-Singapore Joint Council for Bilateral Cooperation (JCBC) kicked off in Singapore. The meeting resulted in the signing of 19 Memoranda of Understanding (MOUs) and cooperation agreements, including the MOU on Developing a Cooperation Framework to Promote Singapore Companies’ Participation in the China-Singapore Guangzhou Knowledge City (CSGKS)’s Industrial Development and Innovation. The meeting also provided a promising path for the future development of the CSGKS located in the Guangdong-Hong Kong-Macao Greater Bay Area.

A commission official of CSGKS Cooperation Affairs Office said, the signing of the MOU will contribute the CSGKS to attract more innovative high-tech enterprises from Singapore and other countries, further deepen the cooperation with Singapore in the field of scientific and technological innovation, support Singaporean enterprises in participating fully in the industrial development and innovation of the CSGKS, and polish the CSGKS as the preferred place for Singapore enterprises to invest.

The China-Singapore International Joint Research Institute, which aims to build an important platform for ChinaSingapore cooperation and achievements transformation of scientific and technological innovation, has drawn on the experience and system of Singapore’s industry-university-research integration and formulated nine industrialization systems, including the implementation rules of intellectual property support policies and several regulations on encouraging innovation and entrepreneurship. It has attracted a group of international high-level talents represented by Nanyang Technological University of Singapore to set up projects in the institute, and promoted the achievements transformation.

The Regulations on CSGKC of Guangdong Province, which came into force on March 1 this year, delegated the authority of national and provincial economic construction management to the Management Committee of CSGKS through legislation, which has made remarkable achievements in ChinaSingapore state-level bilateral cooperation projects.

In June this year, the China-Singapore Smart Park, one of the key projects to deepen cooperation in scientific and technological innovation and the construction of smart cities, was officially opened with a total investment of 1.4 billion yuan. It has introduced more than 60 industrialization projects such as NCS Greater Bay Area Fintech Delivery Center, SP Group, Guangzhou Lion TCR, Star 3D Oral digital Medicine, etc.

Meanwhile, as a carrier of industrial innovation jointly built by China and Singapore, Ascendas OneHub GKC’s Phase I Industrial Park has housed more than 400 enterprises and employed 3,000 people. The Guangzhou Innovation Institute of National University of Singapore is about to recruit students, commit itself to training nearly 3,000 high-level talents over a 10-year period, and shoot for becoming the largest comprehensive flagship project of the National University of Singapore in China.

In recent years, cooperation projects between China and Singapore in key areas such as biomedicine, digital economy and green development have been launched in the CSGKS:

  • In terms of biomedicine, Biosyngen has built the largest commercial production base of immunocellular drugs in South China; Lion TCR (Singapore), the world’s leading TCR-T cell therapy company, plans to build a GMP cell production base and serve as the company’s headquarters in China.
  • In terms of digital economy, NCS, the wholly-owned subsidiary of Singapore Telecom, selected the CSGKS to set up the Greater Bay Area Fintech Delivery Center and the first phase has started operation, which is expected that 500 IT professionals will be stationed at the end of the year to accelerate the development of 5G, digital twins, blockchain and other technologies and build a cross-border innovation ecosystem.
  • In terms of green development, the agreement was signed with SP Group to implement the investment, construction and operation of regional energy projects (including cooling and heating), starting from the Knowledge Tower project, and gradually promote them to other regions such as the China-Singapore International Scientific and Technological Innovation Cooperation Demonstration Zone.
  • In terms of financial services, the MOU of cooperation was signed with the Singapore Exchange to promote the issuance of green bonds by three state-owned enterprises, with a cumulative issuance scale of US $1.34 billion, and deepen the connectivity with the international financial market.

As an important carrier and innovation model of bilateral cooperation between China and Singapore, the CSGKC strives to build an important node in the GBA and become the world’s knowledge economy highland. In the future, the CSGKC will further integrate development strategies of the Belt and Road Initiative and RCEP, continue to improve the level of institutional opening up, deepen cooperation in the digital economy and green development with Singapore, tap the potential of ASEAN countries and other markets, and show the world more new international cooperation programs and prospects full of Chinese wisdom.

tinytap’s-first-publisher-nfts-sold-out,-generating-138.926-eth-(~us$228,000)-that-is-shared-with-6-teachers

TinyTap’s first Publisher NFTs sold out, generating 138.926 ETH (~US$228,000) that is shared with 6 teachers

 

Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and its subsidiary TinyTap, the leading platform for user-generated educational games, today announced that the first batch of six TinyTap Publisher NFTs sold at auction for a total of 138.926 ETH (approximately US$228,000 at time of sale) generating a total 67.7 ETH (approximately US$111,000 at time of sale) for the six teachers who authored the content linked to the Publisher NFTs.

Each Publisher NFT represents co-publishing rights to one TinyTap Course, which is a curated bundle of educational games made on TinyTap by one teacher in one specific subject. NFT buyers take on the role of co-publishers alongside TinyTap and the teacher who created the course, and in return for promoting and marketing the associated Courses they share in the benefits generated from co-publishing efforts.

Each participating teacher receives 50% of the net proceeds from the auction of the NFTs of their Courses as they have in the past on the TinyTap platform, plus a 10% ongoing share of any revenue generated by such Courses as a result of the co-publishing efforts of the NFT owner, plus royalties generated by the secondary sales of the NFTs (see announcement of 27 October 2022).

The successful auction marks another step toward the vision of Animoca Brands and TinyTap to build an alternative Web3 education system that better values teachers by improving the earning opportunities available to them.

The NFT that sold for the highest amount was Learn English with Gabi, which generated 22.9 ETH (approximately US$37,600 at time of sale) for its creator Gabi Klaf, or approximately 13.4x the average monthly elementary teacher’s salary in the public education system of Israel, where she is based (source: OECD).

Commenting on the sale, Gabi Klaf said: “I’ve been teaching ESL passionately for over 30 years. I thought that discovering TinyTap’s interactive game platform was my biggest teaching breakthrough; but now, I see that the Publisher NFT is my real breakthrough. I am overjoyed that my English courses will now reach thousands of children worldwide and I’m excited to teach a new generation of young kids! Financially, I foresee this endeavor to be highly beneficial to me.”

Yat Siu, co-founder and executive chairman of Animoca Brands, commented: “We designed TinyTap’s Publisher NFTs to significantly increase teachers’ earning opportunities over the current TinyTap subscription model, and to free teachers from the costs and time required to promote their work. Thanks to this innovative use of NFTs, TinyTap’s teachers can choose whether to continue business as usual, or instead make use of Web3 to focus on what they do best – produce great content – while gaining the backing of a co-publisher.”

Yogev Shelly, CEO of TinyTap, said: “We’re deeply thankful for the tremendous support we have received for our new and pioneering education model of Publisher NFTs. This initiative has shown that it is possible to better reward educators for the critically important work that they do. Instead of waiting for salaries to rise and for education to become more relevant, we’re using Web3 to build an incentive system to allow communities and educators to come together to create quality learning content while earning revenue together.”

Cici Lampe, the US-based creator of the Course Learn Colors with Super Heroes, commented: “Five years ago, I started creating interactive games on TinyTap for my grandson in order to teach him myself using a hands-on approach. I can hardly believe one of my courses is now the face of decentralized education with TinyTap and Animoca Brands, bringing supporters worldwide so all kids can learn with me. In addition to rewarding me for it, the course will continue to be co-published in the future. This is a teacher’s dream!”

Ellen Weber, the US-based creator of the Course Nursery Rhymes & Fairy Tales, commented: “TinyTap has been my second income for more than five years. I always believed in TinyTap’s mission and have been inviting the teacher community to join me and create revenue generating educational games on TinyTap. This new step into Web3 makes me believe that TinyTap is on track to fulfill its mission to decentralize education. I hope that teachers out there will see the power and potential of the Publisher NFT model.”

Animoca Brands acquired TinyTap earlier this year (see announcement of 16 June 2022). TinyTap provides a code-free platform that empowers educators to create and share interactive educational content and to receive a revenue share when that content is used by learners. Both companies believe that Web3 solutions can improve opportunities for educators worldwide to earn from the content they create.

Teachers who would like to work with TinyTap to turn their educational content into games and tokenize them can reach out to the TinyTap team at [email protected]. Follow TinyTap on Twitter to keep updated on future developments or visit the Publisher NFT landing page to learn more.

gate.io-proof-of-reserves-attestation-shows-user-asset-reserves-exceed-100%

Gate.io Proof-of-Reserves Attestation Shows User Asset Reserves Exceed 100%

 

The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findings in a report following the completion of a proof-of-reserves assessment. In addition, the report found that 104% of users’ ETH assets are also accounted for, meaning Gate.io’s BTC and ETH reserves exceed the total amount of user assets.

A unique approach to proof-of-reserves

Crypto exchanges initiate proof-of-reserves attestations to show that users’ asset balances are genuinely held and exist on the exchange. Although proof-of-reserves has been around for years, Gate.io was the first to conduct them with a high degree of transparency and in a user-verifiable and cryptographic manner.

Gate.io has patented a method that allows users to securely and privately verify their inclusion in the attestation through a cryptographic Merkle Tree, one of the core components of Bitcoin. Armanino LLP, a leading global accounting, consulting, and technology firm, compiles and publishes Gate.io’s asset balance data in the Merkle Tree.

Gate.io takes these extra steps to provide greater security and transparency to its more than 12 million global users. With this method, users can worry less about their assets becoming unavailable in the event of increased withdrawal activity or insolvency.

Why involve a third party?

A trusted independent entity is needed to provide confidence and credibility when conducting a proof-of-reserves attestation. In this case, Gate.io enlisted Armanino LLP, one of the top 25 largest independent accounting firms in the United States. Armanino LLP is a member of the American Institute of Certified Public Accountants and the Center for Audit Quality and is licensed by the California Board of Accountancy.

Putting security above all

CEO and Founder of Gate.io, Dr. Lin Han, said, “Security is our number one priority, specifically the security of users’ cryptocurrency. We remain committed to putting the safety of users first, and one way we accomplish this is through our proof-of-reserves model.”

The Gate.io cryptocurrency exchange, which provides trading and blockchain-related services to millions worldwide, operates with a “security first” philosophy. By following up with another proof-of-reserves attestation, Gate.io is showing that it continues to operate safely and transparently, upholding its philosophy.

Established in 2013, Gate.io has nearly a decade of safe and secure operations and an outstanding selection of digital assets, currently at 1500+ cryptocurrencies and 2800+ trading pairs. It offers a wide range of trading products, such as spot, P2P,  margin, leverage, copy trading, and much more.

SOURCE Gate.io

xgems-powers-the-future-of-reward-programmes

XGEMs Powers the Future of Reward Programmes

 

The future of reward programs is here: powered by XGEMs, the world’s first multi-merchant rewards currency.

Spending online? Get cashback in XGEMs. Getting bubble tea? Earn XGEM loyalty points. Playing your favourite mobile game? Win XGEM prizes.

Singapore-based Game-Fi platform Ethlas has announced the launch of XGEM Rewards, a radical multi-merchant rewards program, connected by the first truly portable reward points system, XGEMs. Set to launch in Q1 of 2023, XGEM Rewards will be available to use across a wide range of brands and services online and offline.

This wave of innovation combining blockchain and loyalty rewards marks a new chapter for XGEMs, which has previously been used as a reward token in gaming and entertainment platforms such as Ethlas, major gaming, and entertainment platform utilized by millions worldwide.

To celebrate the launch of XGEM Rewards, the platform is giving away XGEMs to users who sign up early on www.xgem.finance.

On top of this, Ethlas will be airdropping XGEMs into the wallets of active users/players, as well as holders of either its native Komo NFTs or partner NFTs. Partner NFT projects include the top five projects that participated in the inaugural Battle Showdown tournament that took place in October 2022: Ape Gang, 3l3phant, Avium, Cubemelt, and Doodles. A snapshot of all respective wallets will be taken on November 1.

“We are excited to partner with top brands and merchants to ensure that XGEMs and blockchain-based rewards are made more ‘real’ for the millions of users in our markets. We believe that the future of blockchain and Web3 is heavily predicated on how seamless and enjoyable the experience is for our users and we’re committed to continuing bridging the next generation of users into Web3.” said CEO & Cofounder of Ethlas, Wui Ngiap Foo.

Ethlas’s parent company, Eleos Ventures, has announced a partnership with Singapore-based dining discovery app Burpple, to launch the first blockchain-powered dining rewards platform offering perks for NFT communities. By offering digital currencies as rewards, businesses are leveraging their rewards programs using crypto and bringing shoppers back to their stores.

Blockchain technology is being used for rewards programs in many ways. For example, blockchain-based rewards programs can track and distribute rewards points, coupons, or other loyalty program benefits. Additionally, blockchain technology can be used to verify customer identities and prevent fraud. XGEM is becoming the most desirable digital reward, as it is liquid and global.

An increasing number of retailers & internet-based businesses are willing to accept XGEM as payment or rewards, and the regulatory framework finally beginning to take shape, XGEM’s evolution from an in-game coin to a mainstream technology is almost complete.

hut-8-mining-production-and-operations-update-for-october-2022

Hut 8 Mining Production and Operations Update for October 2022

 

Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 299 in the period ending October 31, bringing our total self-mined holdings to 8,687 Bitcoin.

Production highlights for October 2022:
  • 299 Bitcoin were generated, resulting in an average production rate of approximately 9.6 Bitcoin per day
  • Keeping with our longstanding HODL strategy, 100% of the self-mined Bitcoin in October were deposited into custody
  • Total Bitcoin balance held in reserve as of October 31 is 8,687
  • Installed ASIC hashrate capacity was 3.07 EH/s at the end of the month, which excludes certain legacy miners that are set to be fully replaced by the end of the year
  • Hut 8 produced 97.4 BTC/EH in October

“We continue to optimize our fleet to drive hashrate efficiencies at our mines,” said Jaime Leverton, CEO. “With a balance-sheet focused approach, we continue to manage well through this bear market, backed by the largest self-mined unencumbered Bitcoin stack of any publicly traded company.”

pharmaceutical-sterility-testing-market-worth-$3,3893-million-by-2030:-grand-view-research,-inc.

Pharmaceutical Sterility Testing Market Worth $3,389.3 Million by 2030: Grand View Research, Inc.

 

The global pharmaceutical sterility testing market size is expected to reach USD 3,389.3 million by 2030, registering a CAGR of 11.5% during the forecast period, according to a new report by Grand View Research, Inc. Actively growing investment in pharmaceutical R&D, increasing demand for the new therapies, and a rise in the number of drug and medical device approvals in recent years are some of the major factors driving the market’s growth.

Key industry Insights & Findings from the report:

  • Outsourcing segment emerged as the largest segment in 2021, as pharmaceutical and medical device companies are trying to focus on their core competencies such as research and marketing, owing to which they outsource sterility testing service.
  • The bacterial endotoxin testing segment is expected to account for the largest share with 39.4% in 2021. The growing demand for implants and sterile medicines is supporting the growth of the segment market.
  • The biologics and therapeutics segment by the sample is expected to grow at the fastest rate of 11.7% CAGR throughout the forecast period as we anticipate rising clinical trials for the biologics and biosimilar, globally, for the treatment of cancer, autoimmune diseases, infectious diseases, and others.
  • Based on end use, the pharmaceutical companies accounted for the largest share of 42.9% in 2021; owing to the current high spending on medicines, globally.
  • In Asia Pacific, the market is expected to encounter the highest CAGR during the forecast period, owing to the significant number of initiatives taken by the public organization in the region to boost pharmaceutical manufacturing and R&D. This contributes to the demand for sterility testing of the pharmaceuticals in Asia Pacific.

Read 100-page full market research report for more Insights, “Pharmaceutical Sterility Testing Market Size, Share & Trends Analysis Report By Type (In-house, Outsourcing), By Product Type, By Test Type, By End-use, By Sample, By Region, And Segment Forecasts, 2022 – 2030“, published by Grand View Research.

Pharmaceutical Sterility Testing Market Growth & Trends

During the initial period of COVID-19, the majority of the clinical research conducted was related to COVID-19 therapeutics with an aim to eradicate the issue at hand. However, this trend has witnessed a transition post-2021. For instance, Pharma R&D Review January 2022 stated that the majority of therapeutics pertaining to the oncology area was in the late-stage clinical pipeline, which indicates a rise in demand for the sterility testing of these anti-cancer drugs, thus supporting the market’s growth.

There is a growing focus to improve the quality and sterility of drugs. Stringent regulations regarding the quality and sterility of the products are improving the demand for sterility testing of pharmaceutical and medical devices. Moreover, in recent years, a significant number of recalls have been witnessed on the FDA and EMA websites due to the lack of drug sterility. For instance, in July 2021, Innoveix Pharmaceuticals, Inc. voluntarily recalled their injectable AOD-9604 3mg due to lack of sterility.

Recalls not only cause heavy losses but also affect the brand image of the company. Contracting organizations have seized this opportunity to help gain more clientele, which in turn has increased the revenue for sterility testing of the pharmaceuticals and medical devices in the market.

The governments are actively trying to improve R&D by providing tax deductions. For instance, the Indian government in January 2022, stated that it is providing a weighted average tax deduction upto 200% in R&DSuch initiatives are expected to improve the R&D activities on drugs and thus showcase the growing investment within the sector.

Global expenditure on medicines is also on the rise. According to the data provided in a report published by IQVIA, one can conclude that global spending on medicines is expected to increase in the next 4-5 years. The report states that global payments on medicine accounted for USD 955.0 billion in 2019 and will reach USD 1,115.0–1,145.0 billion by 2024. The rise in pharmaceutical spending is expected to increase the development of the medication, which in turn grows demand for pharmaceutical sterility testing in the post-pandemic period.

Pharmaceutical Sterility Testing Market Segmentation

Grand View Research has segmented the global pharmaceutical sterility testing market based on the type, product type, test type, sample, end-use, and region

Pharmaceutical Sterility Testing Market – Type Outlook (Revenue, USD Million, 2018 – 2030)

  • In-house
  • Outsourcing

Pharmaceutical Sterility Testing Market – Product Type Outlook (Revenue, USD Million, 2018 – 2030)

  • Kits and Reagents
  • Instruments
  • Service

Pharmaceutical Sterility Testing Market – Test Type Outlook (Revenue, USD Million, 2018 – 2030)

  • Sterility Testing
  • Membrane Filtration
  • Direct Inoculation
  • Bioburden Testing
  • Bacterial Endotoxin Testing
  • Container closure integrity testing
  • Antimicrobial effectiveness testing
  • Rapid micro test
  • ATP bioluminescence
  • Fluorescent labeling
  • Electrical resistance
  • Others

Pharmaceutical Sterility Testing Market – Sample Outlook (Revenue, USD Million, 2018 – 2030)

  • Pharmaceuticals
  • Medical Devices
  • Biopharmaceuticals

Pharmaceutical Sterility Testing Market – End-Use Outlook (Revenue, USD Million, 2018 – 2030)

  • Compounding Pharmacies
  • Medical Devices Companies
  • Pharmaceutical Companies
  • Others

Pharmaceutical Sterility Testing Market – Regional Outlook (Revenue, USD Million, 2018 – 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
    • Belgium
    • Sweden
    • Switzerland
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Philippines
    • Malaysia
    • New Zealand
    • Singapore
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Egypt
    • Israel
    • UAE

List of Key Players in Pharmaceutical Sterility Testing Market

  • Pacific Bio labs
  • STERIS
  • Boston Analytical
  • Nelson Laboratories, LLC
  • Sartorius AG
  • SOLVIAS AG
  • SGS SA
  • Laboratory Corporation of America Holding
  • Pace Analytical
  • Charles River Laboratories
  • Thermo Fisher Scientific, Inc.
  • Rapid Micro Bio systems, Inc.
  • Thermo fisher Scientific Inc
  • Almac Group

Check out more related studies published by Grand View Research:

  • U.S. Pharmaceutical Sterility Testing Market – The U.S. pharmaceutical sterility testing market size is expected to reach USD 713.6 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 11.3% over the forecast period. Supportive government investment in healthcare industry, increasing R&D activities, and drug launches are the key factors driving market growth.
  • Central Lab Market – The global central lab market size is expected to reach USD 5.08 billion by 2030, according to a new report by Grand View Research, Inc. It is estimated to register a CAGR of 6.7% during the forecast period, driven by the increasing investment in R&D and increased focus of sponsors & investigators on reducing research costs. The outsourcing of central lab work is a significant factor driving the market growth.
  • Laboratory Proficiency Testing Market – The global laboratory proficiency testing market size is expected to reach USD 1.9 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.3% from 2020 to 2027. The market is driven by the increasing focus on water tests, legalization of medical cannabis, a growing number of cannabis testing laboratories, and increasing outbreaks of foodborne illnesses.
black-ink-tech-transforms-the-construction-industry-with-blockchain-technology

Black Ink Tech Transforms the Construction Industry with Blockchain Technology

 

Today Black Ink Technologies Corp., an integrated hardware and software company providing end-to-end zero trust immutable solutions for products and services, announced that the company has been awarded five different patents for technologies that are making the construction industry safer.

Traditionally, construction has been seen as unsafe and slow to digitally transform. By embracing and applying blockchain technology, Black Ink Tech has created hardware and software systems that streamline the management of projects from beginning to end to create additional project ease and security.

The awarded patents allow SiteSUPER, a technology operating on the Black Ink Tech platform, to work together to expedite everyday construction processes, reduce fraud and drive maximum project efficiencies.

SiteSUPER’s software takes in data from all that goes in and out of a project and job site and stores the data on the blockchain. This allows SiteSUPER to pair non-fungible tokens (NFTs) with real-world assets, creating an immutable record that can confirm compliance before a product is installed, providing transparency and making sure that building codes are adhered to.

What’s more, these immutable tokens also capture the weather conditions during product installations, verifications of who conducted the installation, a record of the unique identifier for the products installed and when the installation occurred, ensuring warranty conformity and compliance. And, confirmed biometric identification, along with license association, creating an indisputable record of who was working, where they were working, when they were working and what they were working on.

While licenses, products used and insurance are common targets for fraud or misrepresentation, these unchangeable records ensure that the correct materials were installed by the correct licensed contractor, and a warranty can be issued for the right product, and that those claiming to have worked on a project did, in fact, do so.

Included below is the list of awarded patents allowing SiteSUPER and Black Ink Tech to create an unchangeable record of events on a construction site:

  • Use of blockchain-based distributed ledger and smart contracts for a construction project
  • Use of blockchain-based distributed ledger to reference construction metadata and to use smart contracts for a construction project
  • System for management and verification of code compliance
  • System for management of warranty information for projects and materials
  • Digital asset systems for management of projects and materials

“If you’ve spent time around a construction site, you know that the work can be delayed, unsafe and logistically challenging. Often, the reason for this is that the construction industry has been slow to embrace emerging technologies that could help to improve upon the many systems and processes needed to bring a project to life,” said Jeremy Blackburn, CEO of Black Ink Tech. “But these patents are symbolic of the possibilities of blockchain and how it can be used to improve upon an industry that is poised to embrace its own digital transformation.”

To learn more about Black Ink Tech, and how its patented blockchain technology can modernize your construction site, please visit https://www.blackinktech.io