difx-partners-with-crypto-oasis-to-further-establish-its-foothold-in-the-competitive-global-crypto-market

DIFX Partners with Crypto Oasis to Further Establish Its Foothold in the Competitive Global Crypto Market

 

Digital Financial Exchange (DIFX), an EU-regulated crypto exchange, marks a major milestone in its Blockchain journey by partnering with Crypto Oasis, the world’s fastest-growing crypto ecosystem. With the support of Crypto Oasis’ world-class talent and infrastructure, DIFX will cement its place as the leading cross-asset trading platform in the global crypto market. Their exchange connects individuals, prime brokers, and corporations and provides simple, effective, and secure payment and trading solutions across borders.

This alliance is a key step for DIFX, as they aim to boost the global adoption of Blockchain and Cryptocurrencies. It also aligns with DIFX’s expansion journey into various crypto hotspots across AfricaAsia, and Europe.

Furthermore, with its optimized application of Blockchain technology, DIFX makes digital assets accessible to newcomers and seasoned Blockchain enthusiasts alike. It is a secure, inclusive, reliable, and easy-to-use platform that takes customer experience to another level. With DIFX, users have access to a fully-insured crypto wallet that ensures their funds are secure at all times against thefts, hacks, or malpractices. Additionally, DIFX stands out with its novel Nomination Program that lets users nominate their family and friends as beneficiaries through a Blockchain-based asset transference system. With this program, users can nominate up to 5 members, in differing percentages to receive their DIFX wallet funds upon their demise. Thereby securing their digital wealth for their future generations. These unique features help in DIFX’s mission to improve mass Blockchain adoption and establish a new financial order where people can maintain multi-asset portfolios and seamlessly trade, invest and hold different asset classes. Crypto Oasis will support DIFX’s efforts as they work towards growing their user base to over 5 million by the end of 2023.

 What It Means

Ralf Glabischnig, Founder of Crypto Oasis mentioned that the partnership with DIFX is in line with Crypto Oasis’ mission to become the world’s leading Blockchain ecosystem and added: “We are excited to have DIFX onboard to help them embrace opportunities that can transform the crypto space with their vision and technology. Their focus on growth as a trading ecosystem and building a global business matches our mindset”.

As a member of the Crypto Oasis Ecosystem, DIFX will be able to interact with other industry members and expand its presence in the global crypto market. More importantly, it will also benefit from an ecosystem approach with sister entities in the decentralized exchange and NFT space.

Jeetu Kataria, the CEO, and Co-Founder of DIFX considers this partnership a significant step that lines up with DIFX’s plans to become a fully secure, safe, and regulated trading environment for crypto users.

He said, “Crypto Oasis has granted us an opportunity to collaborate with like-minded industry experts and become a leading member of the crypto community and its journey to mass adoption.”

He further explained: “With many resources available, those who are willing to put in extra effort and immerse themselves in the situation at hand will prevail, thus paving the way for mass adoption to become a reality.”

arv-and-krungthai-sign-an-mou-to-pilot-asean’s-first-national-corporate-identification-(ncid)-platform,-digitizing-the-corporate-kyc-process-for-bank-account-opening

ARV and Krungthai sign an MOU to pilot ASEAN’s first National Corporate Identification (NCID) platform, digitizing the Corporate KYC process for bank account opening

 

AI and Robotics Ventures (ARV), a leading developer, service provider, and venture builder of AI and Robotics technologies and a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP), partners with Krungthai Bank Public Company Limited, Thailand’s leading financial institution, by signing an MOU to pilot ASEAN’s first National Corporate Identification (NCID) platform; a transformational solution that achieves an end to end Digital Identification for Corporates accessing any Financial service. NCID transforms the conventional know-your-customer (KYC) process between Corporates and financial institutions, by digitizing an otherwise paper-intensive and laborious process into one which is fast, efficient, transparent, and secure. A more efficient system of KYC unlocks new business opportunities for Financial Institutions and Corporates. NCID platform solves this problem of complex Corporate KYC process by leveraging the concepts of Web 3, Digital ID, Digital document creations and Digital Signatures.

Dr. Thana Slanvetpan, General Manager of AI and Robotics Ventures Company Limited (ARV) and Mr. Tawatchai Cheevanon, Senior Executive Vice President, Head of Global Transaction Banking Group, Krungthai Bank Public Company Limited, together signed a Memorandum of Understanding (MOU), with Mr. Sumrid Sumneing, Executive Vice President, Finance and Accounting Group of PTT Exploration and Production Public Company Limited (PTTEP), joining the event to congratulate and witness the signing ceremony at ARV’s office at Bhiraj Tower, South Sathorn.

Dr. Thana Slanvetpan, General Manager of AI and Robotics Ventures Company Limited (ARV) said, “Conducting transactions between corporates and commercial banks is still plagued by a number of inefficiencies and limitations, including the reliance on paper-based documents and laborious manual processes. The ability to quickly, transparently, and reliably, verify digital-signatures together with its signing-authority in one single solution has been a limitation for juristic persons, inhibiting more widespread digital transformation.”

“ARV foresaw this limitation for the industry, and set up a business unit called BIND an acronym for Bridging, Identity, Network and Data) to develop the NCID platform – adopting Web 3.0 technologies and principles such as SSI, interoperability, blockchain and cryptography, which are innovations to drive digital transformation and cybersecurity to the next level – as a solution to transform laborious paper-based processes into more streamlined, convenient, reliable, secure and scalable digital ones. NCID will enable business transactions between organizations to execute more swiftly and efficiently as it reduces operational process time and ensures the accuracy and security of data. The Memorandum of Understanding (MOU) with Krungthai Bank Public Company Limited paves way for the first commercial bank digital corporate KYC transaction for a bank-account-opening execution via the NCID platform, operating under the Digital Service Sandbox with supervision by the Electronic Transactions Development Agency (ETDA). The transaction is ASEAN’s first digital corporate KYC for corporate bank account opening. The project receives full support by all parties including PTTEP which is ARV’s parent company and ETDA. The MOU marks an important starting point for elevating transactions between Thai juristic persons and commercial banks, and unlocks numerous opportunities for further development of Thai digital infrastructure in the future,” added Dr. Thana.

Mr. Tawatchai Cheevanon, Senior Executive Vice President, Head of Global Transaction Banking Group, Krungthai Bank Public Company Limited remarked about being the first partner to adopt the NCID platform in a real transaction and that, “The collaboration between Krungthai Bank and ARV reflects the commitment of both organizations to develop technology and innovation to increase efficiency and enhance the competitiveness of Thai business sectors. The NCID platform is clearly a game changer for financial transactions in the business sector. E-Document innovation and digital-ID solutions enhance the efficiency of document preparation, signing and affixing company seals in electronic format. It helps the bank to conduct non-face-to-face verification (digital corporate KYC) and signature verification in a highly convenient and swift manner, while still being able to ensure security, accuracy and integrity of data according to relevant international standards. This is a true collaboration between corporates and  commercial banks, which shorten the process time and simplifies execution of the transaction and verification of signed documents. Krungthai is currently the first bank to bring the NCID platform to support corporate account opening for a PTTEP subsidiary as the first transaction, and we plan to expand our collaboration to support other companies under PTT Group.”

“Krungthai Bank will continue to develop technology and innovations to improve financial services in order to better meet the needs of all groups of customers every day, whether they are from public sector or private sector, or for the general public. We are ready to play an important role in strengthening the competitiveness of the Thai business sector under the new digitalized business world through the concept of empowering better life for all Thais,” added Mr. Tawatchai.

Mr. Sumrid Sumneing, Executive Vice President Finance and Accounting Group of PTT Exploration and Production Public Company Limited (PTTEP), emphasized the success of this collaboration and stated that, “As the parent company of ARV, we are very pleased with the achievement of this milestone for the NCID project; it is one of the innovations developed to solve problems we faced at PTTEP, which is similar to other companies and commercial banks that have been facing this problem for a long time without a practical solution. PTTEP believes that the NCID platform will help transform the process of managing document-signing activities and enable the execution of financial transactions between juristic persons and banks with more convenience. It will also help promote the streamlining and effectiveness of business transactions while saving time and resources, all while also ensuring reliability and security of documents, and trust of end-to-end digital transactions.”

Under this collaboration, Krungthai Bank has conducted a digital corporate KYC with a subsidiary under PTTEP group, and successfully opened a corporate account through the NCID platform. This success marks the first time in ASEAN that a corporate bank account has been opened in a digital format using Web3 technologies.

ARV with its business unit BIND is committed to building partnerships with all sectors for further development of the NCID platform, and hopes to jointly unlock endless digital transformation possibilities in the future. ARV welcomes all partners from both public and private sectors to pioneer and develop technology together. Interested organizations can contact us for more details via telephone at +662-078-4000 or via e-mail at [email protected] 

SOURCE AI and Robotics Ventures (ARV)

asia’s-first-physical-metaverse-themed-web3,-nft-and-crypto-conference-happening-in-singapore

Asia’s First Physical Metaverse-Themed Web3, NFT and Crypto Conference Happening In Singapore

 

The first ever metaverse-themed blockchain & web3 conference will be held on 28th July 2022 in one of Asia’s most prominent club; Zouk Singapore. The conference titled THE WEB3 CON will showcase and feature promising start-ups, established organisations and investors within the Blockchain, Crypto, NFT and Metaverse industry under one roof in a futuristic neon-lights and glitz set up. The conference event is organised by Asia’s leading blockchain accelerator AsiaTokenFund Group and its partners Morpheus Labs, Block Tides, AC Capital, and Reactify all of which are leading web3 players in Asia and the US.

For the first time in Asia, the blockchain event will be housed in a two-floor, three club-hall venues all under one roof in the iconic Zouk building located in Clarke QuaySingapore. The location was carefully selected to fully embody the meaning of metaverse and web3 – futuristic, innovative and ground breaking.

We want to move away from the traditional and dull conferences done in ballrooms as it doesn’t really bring out the true definition of metaverse. At this venue, attendees can relax, enjoy the lights, do some work, have fun and learn something new with superb light show and entertainment lined up. It’s truly going to be a conference like no other,” said Ken Nizam – Founder if Asia Token Fund Group, Organiser of The Web3 Con 2022.

“We’ve been waiting for the right event to speak at just before Coinweb ships it’s first product in a bid to prove the platform is not just another science project that doesn’t leave the lab, and Web3 Conference is the right fit for us to join at, being held in the epicentre of South East Asia’s tech hub,” said Toby Gilbert, CEO of Coinweb, one of the key speakers of the event.

Other prominent Key Speakers, exhibitors and partners includes Huawei, Binance, Chainalysis, Kucoin Labs, ChainUp, GEMS, Sleep Future, Anotoys Collectiverse, PLAYGROUND and many more.

engiven,-inc.-becomes-world’s-first-cryptocurrency-donation-platform-to-receive-soc2-type-1-compliance-certification

Engiven, Inc. Becomes World’s First Cryptocurrency Donation Platform to Receive SOC2 Type 1 Compliance Certification

 

Engiven Inc. announced today that it has achieved SOC 2 Type 1 compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Engiven Inc. provides enterprise-level security for customer’s data secured in the Engiven Inc. System.

Engiven Inc. provides SaaS-based technologies that equip nonprofit organizations to securely accept and liquidate cryptocurrency donations while eliminating the complexity and risk associated with cryptocurrency transactions. Engiven provides a highly automated end-to-end solution where the crypto donation is verified on the blockchain, exchanged for USD and the donor is immediately provided with a gift receipt.

“The certification is truly just a formalization of the industry-best practices we employ to safeguard our data and that of our clients,” explained Brandon Murphy, COO of Engiven. “Ethics and compliance are not boxes we check – they are integral to who we are.  We are firmly committed to the highest level of integrity in all of our business practices.”

Engiven Inc. was audited by Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide. Prescient Assurance is a registered public accounting firm in the US and Canada and provides risk management and assurance services which includes but is not limited to SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR.

An unqualified opinion on a SOC 2 Type 1 audit report demonstrates to Engiven’s current and future clients that they manage their data with the highest standard of security and compliance. Additionally, Engiven is committed to obtaining its SOC 2 Type 2, a higher level of SOC 2 assurance, to further test the effectiveness of its internal controls.

“Engiven is the world’s first cryptocurrency donation management platform to achieve this level of security compliance. The SOC 2 Type 1 Report further demonstrates our commitment to safeguarding transactions and client data,” said James Lawrence, Engiven’s Cofounder and CEO. “By obtaining this level of compliance, we hope to show our commitment to the highest level of security standards that every nonprofit deserves.”

compassion-international-launches-revolutionary-nft-collection,-created-completely-in-vr

Compassion International launches revolutionary NFT collection, created completely in VR

 

Today, Compassion International launched “Many Hands,” a revolutionary non fungible token (NFT) digital artwork collection created completely in virtual reality (VR). Funds raised from the collection will provide full-ride college scholarships for 32 high-achieving Haitian youth. The scholarship will cover a full four years of university tuition, a laptop, leadership development training, and continuous support throughout their education, starting this fall.

“Many Hands” is Compassion’s first-ever NFT collection, and the collection’s digital artwork will be sold directly by Compassion through the Ethereum blockchain. Minting begins today, July 20, at 10:30 a.m. Eastern at ManyHandsNFT.com. (Those who are new to NFTs can join Compassion’s Discord and visit the #nft-101 channel for more information.)

The collection’s artist, Patrick Bezalel, donated his time and talent to create five thousand pieces of art, all created in VR. Each piece represents Haiti’s countryside and villages, along with the realities the country continues to face due to poverty, unrest, and natural disasters. Bezalel painted each layer using HTC Pro VR, where he was completely immersed in a three-dimensional, computer-generated environment.

Bezalel and his wife, Lily, first heard about Compassion more than a decade ago at a conference and were greatly moved by the organization’s work. Since then, they have sponsored children through Compassion, and they currently sponsor two children from Haiti. Bezalel hopes the collection will sell out, adding, “I want to present Haiti in a way that has never been presented before in a VR environment. VR has the ability to immerse you into any space, and this art form is my way of immersing and involving everyone in their support for Compassion and their projects. It is not just about education – it is hope for the future.”

According to USAID, the majority of Haitians lack access to a quality education, citing challenges like low enrollment and poor literacy rates. The average Haitian, age 25 years or older, has less than five years of schooling; and only 61 percent of the adult population is literate.

Education is crucial to breaking the cycle of poverty. UNESCO reports that if all adults completed secondary education, the global poverty rate could be cut by more than half. And yet, the majority of Haitians cannot afford to send their children to school.

Abbel Joseph, senior manager of program support at Compassion Haiti, sees many young people who have the skills, knowledge, and inclination to attend university, but not the finances. He explains, “The target group that we work with are among the most vulnerable in the country. That’s why it is so important to help them to get that scholarship in order to go to college. For the development of the community, people need to get educated … to learn things in order to help themselves, to help their community. A lot of them, without this scholarship – they end up not having any possibility at all to go to college.”

To this difficulty, Compassion responds, “Men anpil, chay pa lou.” Roughly translated from Creole, this Haitian proverb means, “Many hands make the load lighter.” And beginning at 10:30 am Eastern on July 20, individuals can make the load lighter for 32 Haitian students by minting “Many Hands” NFTs at ManyHandsNFT.com. The project will empower youth in poverty to become teachers, entrepreneurs, doctors, scientists, and other members of society who can break the chains of poverty and bring about a brighter future for all of Haiti.

Just ask Esterflie, a 19-year-old Haitian student slated to participate in the program. She shares, “I would like to have a career with computers – maybe a computer engineer. Technology is something that is very important for [the] development of a country. My parents are excited for me to have the opportunity to go to college. They are very proud of me.”

witness-the-rise-of-the-power-of-innovation,-final-of-the-global-digital-economy-innovation-competition-2022-to-be-staged-at-the-end-of-this-july

Witness the Rise of the Power of Innovation, Final of the Global Digital Economy Innovation Competition 2022 to Be Staged at the End of this July

 

Since its launch, the Global Digital Economy Innovation Competition 2022 has attracted 500+ projects from over 20 countries to sign up. The final will be staged at China National Convention Center in Beijing on July 29.

The Global Digital Economy Conference (hereinafter referred to as GDEC) 2022 is hosted by Peoples Government of Beijing Municipality, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Commerce, Cyberspace Administration of China, and China Association for Science and Technology. As an important part of the GDEC 2022, the GDEIC is jointly organized by Beijing Municipal Bureau of Economy and Information Technology, Chaoyang District Peoples Government of Beijing Municipality and Asia Data Group. With the theme of “Scientific and Technological Innovation Empowers Industry – A New Pattern of Digital Economy”, the competition consists of five sub competitions as well as exhibitions, industry matchmaking and cloud competitions to create a high-quality innovation competition that integrates online and offline. 11 high-quality projects stood out and won the admission ticket to the final after five fierce sub competitions. At that time, guests from governments, enterprises, universities, research institutes and finance and end-users will gather to witness the wonderful moment when the dream of innovation and entrepreneurship in the digital economy blossoms.

Gathering global high-quality innovation resources

As a China-based competition with a global outlook, this GDEIC, adhering to the concept of openness and collaboration, recruits roadshow projects from 20+ countries around the world. The selection criteria for projects will center on the hot issues, key points and difficulties in the development of the global digital economy. Innovation projects that are leading and promising in the field of digital economy will be cherry-picked from key industries such as the new-generation of information technology, digital healthcare, digital culture and sports, digital low carbon, digital consumption, and digital manufacturing as well as more than 20 sub-sectors, including artificial intelligence, blockchain, network security and digital environmental protection.

The five sub competitions has attracted more than 500 projects worldwide so as to bring together high-quality innovation resources and provide an important platform for global makers to display and communicate. In the end, 11 outstanding projects were shortlisted for the final. They are Yuntu WiseVision, Guodian Gaoke, Ilodo (Beijing) Sports Technology Co., Ltd., Nanhuai, Shenzhen Meikyo Environmental Technology Co., Ltd., German OLI Ecoystem, SHINEtoilets, Fubao Robot, E3A Healthcare Pte Ltd, PIXMOVING INC and Changhui Auto Steering System (Huangshan) Co., Ltd.

Accelerating the landing and transformation for projects

The final will invite executives from more than 100 leading investment institutions around the world, such as IDG Capital, Sequoia Capital, SBCVC, ASBV and GSR Ventures as investment mentors to provide more opportunities for excellent projects to interact with capital. Besides, experts, scholars and elites in digital economy will be invited to participate in the competition, all to build a benchmark event for digital economy entrepreneurship.

In order to help participants better present their projects, cloud exhibitions, web conferencing, livestreaming videos and metaverse venues will be adopted, together with interaction on the same screen, to realize superior display, communication and docking that break the limits of time and space. Furthermore, digital special effects are used offline for the diversified display of project information to build a metaverse scene where infinite creativity is enabled via technology.

According to the GDEIC’s Organizing Committee, in addition to the competition among 11 projects during the final, 20 companies will be invited for roadshows, exhibitions and docking on the spot to facilitate the deep integration of the digital economy and the real economy. Moreover, the introduction and promotion of landing policies for micro, small and medium-sized enterprises, and industry docking and exchanges will be set, with government leaders, representatives of innovative enterprises and incubators, heads of industrial parks and leading companies in the industry invited to get involved in the on-site docking, so as to build a bridge for participants to communicate with governments, industrial parks, and enterprises of different natures, and promote the follow-up development and implementation of the industry.

The final will kick off in Chaoyang District. Since it first proposed to build a digital economy demonstration zone in Beijing in September 2020, the district, combined with its own resources, guided by the cultivation of digital industrial clusters and focused on enabling the upgrading of traditional industries, has been actively cultivating future-oriented new technologies, new business formats and new models, with a leading edge in the field of digital economy formed. The final will build a communication and cooperation platform for the shortlisted high-quality projects.

sango-–-the-first-national-digital-monetary-system-built-by-the-central-african-republic-powered-by-blockchain

Sango – The First National Digital Monetary System built by the Central African Republic powered by Blockchain

 

The world was taken by surprise when the President of CAR , Faustin-Archange Touadéra, made his announcement regarding the adoption of Bitcoin as legal tender on the 21th of April and then with the following implementation of the SANGO Coin (https://sango.org/ ) on the 3rd of July.

To view the Multimedia News Release, please click:
https://www.multivu.com/players/uk/9070251-sango-first-national-digital-monetary-system-built-by-central-african-republic/

In this regard, the Central African Republic, a country located in the heart of Africa, a region with untapped growth potential, is working on a new structure for its economy, paving the way to a digital future:

“There is already a vision for Africa: a common cryptocurrency and an integrated capital market that could stimulate commerce and sustain growth.” Faustin-Archange Touadéra, president of the Central African Republic.

The Central African Republic plans to raise a total of $1 Billion by issuing the first national digital currency, called SANGO. Once raised, the capital will be used to tokenize the country’s resources, offering worldwide investors the opportunity to contribute, benefit from it, and to build the entire digital infrastructure, based on Sango blockchain, a novel Layer-2 Bitcoin sidechain.

With more than $2.2 Trillion in Iron ore and a further $60 Billion in each individual resource of Gold, Oil, Diamonds and Lithium, CAR is leading the way to the democratisation of access to resources. Tokenization allows access to global capital in a democratic and transparent way, allowing investors of all sizes to buy fractionalized assets representing the country’s resources.

From the decentralisation and tokenization of its resources, to offering citizenship, e-residency and land through locking the newly issued coin, Sango will govern the whole economic ecosystem of the Central African Republic. It already appears that other African countries are showing significant interest in finding similar digital solutions.

The initiative has already gone mainstream as it is backed by the country’s administration and also applauded by big names in the industry and Africa.  Changpeng Zhao (Binance), Michael Saylor (MicroStrategy), Ricardo Salinas Pliego (Salinas Group) and Reuben Abati (Nigerian Presidential Spokesperson) are among those that have shown their support on Twitter since the official announcement.

The official GENESIS PAPER { https://sango.org/genesis-paper.pdf } of Sango has been released together with the Concept Deck for a complete understanding of the technical complexity and benefits of the ambitious Central African project. SANGO, the first national digital currency is also the first currency to be fractionally backed by Bitcoin “digital gold”.

Starting from yesterday, the platform is also open for registrations and KYC. The official launch date of the SANGO GENESIS has been set to the 25th of July and it will mark the beginning of a new era for the Central African Republic and perhaps for the entire world.

This new economical approach sheds more light on the integration and potential participation of the entire world in a country’s development, with limitless investment possibilities for anyone in the crypto space and beyond it.

function-x-launched-evm-chain-to-scale-its-defi-ecosystem

Function X launched EVM Chain to scale its DeFi ecosystem

 

The Function X blockchain project is proud to celebrate its latest milestone: the launch of the EVM compatible chain (FXEVM) on the Function X Mainnet and completed its upgrade at block height 5,713,000.

This upgrade allows developers to migrate their decentralized apps (dApps) to Function X instantly and provides the infrastructure to make sure the dApps run smoothly, with low fees and on a secured network. Function X is one of the first projects to integrate an EVM compatible chain on a chain based on the Cosmos network.

The EVM compatible chain is crucial to Function X’s goal of becoming a decentralized finance (DeFi) blockchain platform that strengthens the DeFi ecosystem and encourage developers to use Function X to contribute to the advancement of DeFi and blockchain technology.

More new use-cases will be built on the ecosystem. For example, the FXEVM launch follows the successful deployment of a retail payment solution (Pundi X Chain) and perpetual derivatives trading platform (MarginX). Function X also allows developers to customize the chain based on their needs using the Subnet solution while inheriting Function X’s speed and security.

After the FXEVM upgrade, users can bridge their $FX and other tokens (such as FX, PUNDIX, PURSE, USDT, and more) from Ethereum to FXEVM using FX Bridge. f(x)Swap will be one of the first dApps available on FXEVM. It’s a decentralized exchange that users can swap different cryptocurrency via MetaMask or any other decentralized wallet supporting WalletConnect e.g f(x)Wallet.

Apart from swapping, there will also be Liquidity Pools, where anyone can become a liquidity provider for a pool and earn rewards in the form of trading fees when users trade in those pools.

Deploying dApps to Function X EVM

Function X invites all developers to come and build on the FXEVM. The dApps the developers w’ll be able to build include not only DEXes but also liquidity protocols, yield aggregators, NFT Marketplaces, and many more. To top it off, the Foundation is allocating $20 million from its Ecosystem Genesis Fund to attract developers and nurture the development of the Function X ecosystem.

The Ecosystem Genesis Fund is transparent and accessible to all developers through governance proposals. This fund is allocated to encourage and help to accelerate the development of Function X and FXEVM.

With the recent FXEVM upgrade and new investments into the Ecosystem Genesis Fund, the Function X network is set for impressive growth and exciting times ahead.

Watch FXEVM at https://youtu.be/F2VHnHd2-bs

bosonic-expands-commercial-management-team-with-the-appointment-of-key-business-development-and-client-success-roles

Bosonic expands Commercial Management Team with the appointment of key Business Development and Client Success roles

 

Bosonic, a layer-2 blockchain infrastructure (dFMI) provider for real-time digital assets clearing and settlement, has today announced the appointment of Julie Briand as Head of Client Success and Sarthak Jain as Regional Manager of Institutional Sales. Both roles will be based in London, UK.

As Bosonic experiences a period of significant growth, Julie brings a wealth of industry expertise in managing client onboarding and service delivery, having previously been responsible for several of the largest institutional clients while at Bank of America Merrill Lynch (BAML).

Sarthak joins the business after an already successful career selling institutional enterprise solutions in the UK and Europe for Bloomberg and, most recently, crypto exchange Binance. Having built strong relationships with key institutional participants within the industry, Sarthak will help to grow Bosonic’s institutional client portfolio and expand the Bosonic Network™.

Jason Nabi, Bosonic’s Chief Revenue Officer, said, “We are incredibly fortunate to be scaling our business at pace while attracting some of the top talents in the industry to continue on this trajectory. Julie and Sarthak bring a wealth of experience across multiple continents in the Financial Services industry, having held roles with several major players. We are delighted they have chosen Bosonic to progress their careers, and we look forward to demonstrating the calibre of our services to more global institutional clients.”

Julie Briand, Head of Client Success commented: “Traditional finance is increasingly recognising the need to embrace blockchain based peer to peer infrastructure. I’m delighted to be joining Bosonic to bring my institutional expertise to bear in the digital asset world and help foster closer relationships between the two industry segments.”

Sarthak Jain, Regional Manager of Institutional Sales added: “The market for infrastructure that eliminates counterparty credit and settlement risk in the Digital Assets space is growing exponentially. I am excited to join Bosonic and help in serving its clients with best-in-class solutions that are demonstrably shaping the future of our industry.”

The Bosonic Network™ is a best-in-class and unique infrastructure for institutional clients, that is both liquidity and custodian agnostic.  Bosonic connects clients to exchanges and market makers and enables a Payment versus Payment (PvP) atomic swap for instantaneous settlement on a layer-2 blockchain operated by digital asset custodians.

spielworks-integrates-its-wombat-wallet-with-minecrypto

Spielworks Integrates its Wombat Wallet with MineCrypto

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Spielworks, a leading blockchain startup specialising in gaming and decentralised finance (DeFi) solutions, has announced its first partnership in the BNB Chain ecosystem. The company has integrated its multi-chain gaming-oriented Wombat Wallet with MineCrypto, a leading play-to-earn (P2E) Minecraft server.

With the integration, gamers using the Wombat Wallet can now use it to log in at the MineCrypto server and join its bustling P2E economy. MineCrypto’s $MCR token and native NFTs join the ranks of digital assets that Wombat Wallet natively supports. MineCrypto will, for its part, promote Spielworks as a featured partner in its materials.

Spielworks announced integrating the Wombat Wallet with the BNB Chain, a leading public layer-1 blockchain developed by Binance, one of the world’s largest centralised digital asset exchanges, earlier this year. The integration opened the network with an estimated total value locked of almost $9 billion for gamers looking to explore the titles built on one of the most popular platforms for decentralised applications.

“With its high scalability and low fees, the BNB Chain is a go-to network for smart contract builders. We are thrilled to be pushing into this ecosystem by partnering with a project that leverages one of the biggest videogames ever to spearhead P2E gaming. Minecraft’s creator-focused design is perfect for integrating the blockchain and digital ownership, setting the stage for a player-led and player-driven economy,” Adrian Krion, CEO of Spielworks, said.

“Minecrypto is excited to partner with Wombat and onboard new crypto users to our server and show them the limitless possibilities of crypto. Partnering with Wombat makes sense because our projects share similar goals of wanting to bring new users into the space of GameFi,” Nic Krystynak, Head of Growth and Marketing, said.