Blockchain – Page 33

London’s Exclusive Les Ambassadeurs Casino Bets on Dutch Blockchain Leaders LTO Network and Sphereon to Revolutionize Gambling

April 14, 2022 Published by EuropeanGaming.eu

Reading Time: 2 minutes

Dutch blockchain leaders LTO Network and Sphereon partner with the prestigious Les Ambassadeurs Casino. Today they announce the beginning of live trials for a world-first: using blockchain technology to revolutionize how the gambling industry works.

The team at Sphereon has built a solution that leverages the LTO Network’s privacy and GDPR-friendly Verifiable Credentials and Decentralized Identifier technology to allow casino players to transfer their winnings using verified identity credentials.

Les Ambassadeurs Casino is looking to LTO Network’s blockchain to enable an improved customer experience, enhanced safety and compliance, and reduced costs and administration.

This innovative solution, to be trialled this year, will provide a secure mode with verified EDD that will enable casino players to withdraw their funds or transfer their funds to another casino within the system. This approach will ensure greater security for the player and the casino operator when the player ‘cashes out’, reducing the reliance on ‘win’ cheques.

“It is essential that the casino business finds appropriate modern methods to transact with our customers in a way that is safe, enhances AML (anti-money laundering) compliance and improves the customer experience. Cheques are a 19th-century instrument. No one carries a cheque book anymore and banks have admitted that processing cheques, particularly those banked overseas, is an outdated and expensive process, and one that they are reluctant to continue with.” – David Livermore (Legal and Compliance Director, Les Ambassadeurs)

The novel approach will allow a player’s winnings to be stored in a stable-coin wallet. Other casino operators are then able to recognise the player and the associated stable-coin crypto wallet, and the player will be able to use those winnings to gamble.

“Gambling is one of the big drivers of technology. Over 20% of the world population gambles and the global industry is worth over $711 billion. As the real world and virtual world merge together, regulations are required, and our network is the premiere solution to be the new crypto-friendly backbone for how this world now operates.” – Rick Schmitz (LTO Network CEO)

A MODEL FOR THE FUTURE OF GAMBLING AND CASINOS

This will become a multi-casino solution. Les Ambassadeurs is conducting the first pilot with the aim of being an industry leader in a future where blockchain empowers regulatory-guided businesses.

“The team at Sphereon and LTO Network are a key component of the vision we have for a future where casinos are interoperable. Using this technology, we can focus on bringing players a world-class experience.” – Kevin McGowen (CEO Les Ambassadeurs)

Casinos are competitive businesses seeking to leverage the compliant regulatory framework offered by LTO Network’s platforms and Sphereon’s experience. This new and innovative approach will provide a more appropriate business and operating model for land-based casinos in the modern world.

“We are committed to using our expertise to deliver unique blockchain solutions that solve real-world problems.” – Sebastian Boender (Sphereon, Managing Director)

MaiCapital receives approval from the Hong Kong SFC to manage funds with 100% Virtual Asset

April 14, 2022 Published by TheBlockchainExaminer.com

Hong Kong SFC-licensed blockchain and virtual assets manager, MaiCapital Limited (SFC CE#: BMC948), is pleased to announce that it has secured approval from the Hong Kong Securities and Futures Commission (the “SFC”) to manage portfolios that may comprise up to 100% of virtual assets and is subject to the SFC’s “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets” (“T&C”).

MaiCapital is also pleased to welcome Wealthking Investment (SEHK: 1140.HK, formerly OP Financial Limited) as a new investor and shareholder of the MaiCapital group. Wealthking brings a wealth of expertise and support from the world of traditional finance to this pioneering crypto native financial institution. Looking ahead, with the approval from the SFC and support from Wealthking, MaiCapital intends to further expand its offering of virtual asset fund products and regulated crypto services to investors worldwide and to grow its institutional business to a combined AUM of over US$200 million.

Chairman of Wealthking Liu Zhiwei said, “as a pioneer in bringing proven financial practices and compliant operations to the world of virtual asset investments, MaiCapital is perfectly built to bridge institutional investors into this exciting new asset class. With the extended approval from SFC, MaiCapital is on an even greater trajectory to bring more innovative investment products and services to professional and institutional investors. Wealthking firmly believes in the development potential of Blockchain technology plus digital economy and has invested heavily in these areas for the past few years. The next step will be to optimally utilize our strengths to help MaiCapital reach greater heights.”

Since securing its licenses from the SFC to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities in 2018, MaiCapital has been operating two actively managed blockchain-themed hedge funds which have achieved more than 20 times growth in total AUM since 2019 by employing a number of proprietary trading strategies and utilizing a range of crypto-related investment instruments to bring about enhanced investment returns whilst complying with relevant regulatory requirements. The latest approval from the SFC will allow MaiCapital to deploy its award-winning investment strategies in the cryptocurrency markets with greater flexibility and to significantly augment its offering to investors.

MaiCapital’s flagship hedge fund, the Blockchain Opportunity Fund, is the first virtual asset-themed fund managed by a SFC-licensed manager to garner more than 3 years of track record. The Blockchain Opportunity Fund has consistently provided investors with superior, risk-adjusted returns year over year and has been globally recognized. Notably, the Blockchain Opportunity Fund’s 2021 return was ranked by Preqin amongst the Top 3 hedge funds across all of Asia. MaiCapital’s second fund, the Bitcoin+ Fund, is equally unique in the industry as it employs quantitative strategies seeking to not only track, but also to outperform, Bitcoin in various market conditions. Both funds only accept investments from institutions or qualified Professional Investors.

As a licensed manager in compliance with the T&Cs, MaiCapital only partners with regulated exchanges and custodians in the management of its blockchain-themed funds. These service providers include Coinbase, OSL, both a regulated custodian, as well as cryptocurrency futures contracts trading venues and counterparts that are regulated by the UK Financial Conduct Authority.

“Coinbase Institutional provides clients the scale and stability needed to successfully participate in the crypto economy,” said Kayvon Pirestani, Head of APAC Institutional Sales of Coinbase. “It is so exciting to be working with MaiCapital and to provide access to our comprehensive suite of products and services including custody, prime brokerage, trading tools and analytics, and an enterprise infrastructure built on top of a robust security platform.”

“MaiCapital and OSL have a long-standing and trusted relationship,” said OSL Digital Securities Head of Sales Ryan Miller. “In Hong Kong, there now is increased regulatory clarity for participants on both the buy side, with asset managers such as MaiCapital, and the sell side, with SFC type 1 and 7-licensed OSL Digital Securities. The door is open for professional investors to confidently take advantage of the growing digital assets space in the territory.”

“MaiCapital has always prided itself in its ability to invest in the nascent cryptocurrency asset class with the highest compliance standards and an unyielding focus to protect the interests of investors,” said MaiCapital’s CEO, Benedict Ho. Behind MaiCapital’s legal and compliance support are the leading global law firm, Baker McKenzie, and Hong Kong regulatory compliance expert, Prosynergy Consulting Limited.

“Having worked with the MaiCapital team since 2018, I am thrilled to see their dedication and commitment recognized. MaiCapital’s Blockchain Opportunity Fund is, by some measure, the most complex virtual asset fund that an SFC licensed manager has received SFC approval to manage,” said Joy Lam, Partner of Baker McKenzie.

“We are delighted to be able to work with MaiCapital throughout the process in obtaining the approval from the SFC to manage its portfolios of up to 100% in virtual assets. With a professional and focus team, they have demonstrated to the regulator that they are very capable of delivering complex products in accordance with rules and expectation of the regulator which will stand MaiCapital in good stead for its future expansion,” said Louie Lee, MD of Prosynergy Consulting Limited.

WonderPlanet Inc. to Establish Overseas Subsidiary to Conduct Blockchain Game Business

April 14, 2022 Published by TheBlockchainExaminer.com

WonderPlanet Inc.(Location: Japan; Headquarters: Nagoya City, Aichi Prefecture; Founder and CEO: Tomoki Tsunekawa; TSE Growth: Securities Code 4199; hereinafter “WonderPlanet”), an entertainment company led by Founder and CEO Tomoki Tsunekawa, an entertainment service provider, announces that its Board of Directors has resolved at its ordinary meeting held on April 13, 2022, to establish a subsidiary company, WPBC Pte. Ltd., in Singapore to engage in blockchain game-related business.

Subsidiary Establishment Background and Purpose

With the rapid progress of the Web3 trend and the spread of the use of blockchain technology, the game-related business, one of our business domains, is expanding from its previous market domain to new market domains such as NFT, GameFi, and Metaverse.

We have been studying and discussing business development in these areas, both on our own and in collaboration with other companies. Through various studies and surveys conducted during this process, we have recognized the high potential for market growth in these areas. In particular, the penetration of these businesses among general consumers in overseas markets is progressing at a faster pace than in the Japanese market.

We have been publishing smartphone games overseas developed by our company and our partners as a pillar of our business, and the system and know-how for publishing games overseas is one of the our strengths.

In order to leverage this strength and consider and promote various forms of business development centered on the overseas publishing business of blockchain games, we have decided to establish our wholly owned subsidiary “WPBC Pte. Ltd. Singapore, which was selected as our base location because of its favorable business environment for the overseas distribution of blockchain games.

Future Prospects

We will promote the development of an overseas publishing system for full-fledged entry into the business, centering on this subsidiary. At the same time, we will consider establishing a cooperative framework through business alliances and investments with game developers and blockchain-related companies.

For inquiries regarding business alliances and other matters related to this matter, please contact

Management Planning Office, WonderPlanet, Inc.

Email : [email protected]

Inquiry form : https://wonderpla.net/en/contact/

Outline of Subsidiary to be Established

1.Name: WPBC Pte. Ltd.

2.Location: Republic of Singapore

3.Business: Blockchain Game Business

4.Shareholder: WonderPlanet Inc. 100%

5.Establishment: May 2022 (scheduled)

AirCarbon Exchange Bolsters Abu Dhabi Hub With Key Senior Hires

April 13, 2022 Published by TheBlockchainExaminer.com

AirCarbon Exchange (ACX) is expanding its MENA hub with three senior hires and the addition of four key tech developers in Abu Dhabi, as its growth accelerates. ACX is partnering with Abu Dhabi Global Market (ADGM) to create the world’s first fully-regulated carbon trading exchange and carbon clearing house.

Ingo Kleinschmidt has been appointed Chief Financial Officer; Tim Alltimes has joined as Chief Compliance Officer and Ashwin Ambudkar is the new Head of Market Supervision. They join at a key stage of growth for ACX, which is launching the world’s first fully-regulated carbon exchange, based in Abu Dhabi.

“We are at a critical time in the formation of global carbon markets,” said Kevin B. Iwanaga, ACX COO for the MENA Region. “ACX continues to execute on its strategic growth plans as a leading force in scaling global carbon and environmental markets.”

Ingo Kleinschmidt brings over 15 years of experience in strategic business planning & governance, having held senior finance roles at a number of international corporations, including ABN Amro.

Tim Alltimes, a senior regulatory compliance expert specialised in commodity derivative and digital asset exchanges, previously held senior positions with financial regulators in both Abu Dhabi and the United Kingdom. He also has extensive experience in commodities trading with Morgan Stanley, Deutsche Bank and Lehman Brothers.

Ashwin Ambudkar, with a remit to monitor all transactions and trades, brings over 13 years of expertise in compliance and exchanges, having worked with Credit Suisse, Citi Corp, Nomura and the Bombay Stock Exchange.

The new additions will further accelerate ACX’s expansion, following its recently-announced collaboration with AGDM and partnerships with CarbonX, Bolsa Verde Rio, Tembici, BlockC and Deutsche Börse.

“As the world’s first fully digital carbon exchange, ACX remains an innovative market leader and continues to break new ground,” said Iwanaga. “ADGM’s Financial Services Regulatory Authority (FSRA) is set to become the first financial regulator in the world to develop a framework to recognize and support carbon as an investment grade commodity financial asset.”

“The proposed new ‘Emissions Instrument’ will pave the way for corporates and investors to trade and finance carbon credits like conventional financial assets on balance sheet,” Iwanaga explained.

With technology innovation key to its core strategy, ACX is also strengthening its global tech team based out of Abu Dhabi. It has recently hired 4 senior full stack and blockchain developers and a Vice President of engineering in order to accelerate its efforts as a leading innovator in environmental product development.

“ACX’s market-leading technology is a direct result of our investment in technical talent as well as our internal processes, which are centred around continuous improvement, education, collaboration and learning,” said ACX CTO Dominic Morris. “We are able to deliver world-class technical solutions entirely because of the calibre of our team, and their professionalism,” he continued. “I am deeply proud of our people and what we have achieved to-date and look forward to continuing to innovate. We welcome the opportunities presented to us by Abu Dhabi and FSRA regulation of our platform.”

Besides Abu Dhabi, ACX has a presence in Singapore, Canada, the United Kingdom, Brazil, Indonesia, with other locations to be announced in the coming months.

Hainan Resort Software Community, a Key Industrial Park in Hainan FTP, Is Recruiting Senior Executives Globally

April 13, 2022 Published by TheBlockchainExaminer.com

Hainan Free Trade Port Resort Software Community (“Hainan Resort Software Community” or “the Community”), the main service station of Hainan’s digital economy and internet information industry, has launched an open competition to recruit the very best talent for its crucial senior management positions. Roles on offer include a Chief Financial Officer position and eight Deputy General Managers positions in industrial investment, mergers and acquisitions, planning and design, and other fields.

The Community has opened the competition to applicants from all countries and regions in the hopes of attracting truly diverse and professional up-and-coming candidates for key senior positions. By building an international management team, the Hainan Resort Software Community is striving to internationalize its employees, promote high-quality development, and adapt to the evolving needs of Hainan Free Trade Port (FTP). Recruitment efforts have already been launched in the United States, Singapore, Hong Kong SAR, and other technological hubs.

“The Hainan Resort Software Community is a leading facility that provides unparalleled opportunities in the areas of blockchain, digital health and digital finance. We’re inviting the world’s top talents to help us shape the future of the digital economy, while discovering the natural beauty and comfortable lifestyle that Hainan has to offer,” said Jin Li, Director of Human Resources at Hainan Resort Software Community.

Established in 2008, the Hainan Resort Software Community spans over 15.58 square kilometers. The Community was built to promote the joint development of traditional industrial parks and digitalization to accelerate the incubation of unicorn enterprises and support existing listed companies. In doing so, the Hainan Resort Software Community aims to cultivate the industrial clusters required to fuel the continued development of Hainan FTP.

Since opening, the Hainan Resort Software Community has already played a significant role in the development of China’s digital and platform-based economy. In 2021, the Community’s income reached nearly RMB 200 billion, and tax revenue exceeded RMB 10 billion — marking an increase of 164.6% year on year.

The digital economy is the fastest-growing and most active industry in Hainan, as well as a key driver of development for the Hainan FTP. As the main hub for Hainan to grow its digital economy industry, the Hainan Resort Software Community was designed to nurture innovation with its “one district and three industries” layout, which includes a blockchain pilot zone, digital culture and sports, digital health, and digital finance.

Most notably, the Hainan Resort Software Community was the first to establish a blockchain pilot zone within Hainan FTP and is now actively constructing China’s first national blockchain pilot zone. To date, the Community has cemented itself a leader in regulated blockchain technologies, digital identification systems, and trusted business environments. It has also launched an action plan, SSC+ HAINAN (SSC+: Secure, Sharing, Compliance+), which powers innovation in digital culture, health and finance by forming tradeable service capabilities and supporting the construction of national digital service export bases.

With its stunning natural environment, convenient and comfortable living facilities, a burgeoning industrial ecology, and thoughtful community services, Hainan is a prime location for a national digital service base. Over the past 13 years, entrepreneurs and business owners have flocked to this thriving hub to develop and nurture new ideas. At present, there are more than 10,000 registered businesses operating in Hainan Resort Software Community, including tech giants such as Tencent and Baidu.

Multichain released anyCall, a cross-chain message router protocol

April 13, 2022 Published by TheBlockchainExaminer.com

Multichain announced the launch of its V4 product, anyCall. anyCall revolutionizes cross-chain interoperability as it enables sending cross-chain messages and call contracts from chain A to chain B with just one transaction. anyCall is co-working with DeFi leading players on cross-chain Dapps and some of them have already implemented anyCall, which will be released soon.

What is anyCall？

This is the next phase of revolutionary interoperability features offered by Multichain. anyCall is a generic cross-chain messaging protocol, which can send cross-chain messages and call contracts from chain A to chain B. It enables the easy calling of contracts native to one blockchain from any other blockchain. The call is secured by Multichain nodes, which are already used to secure billions of assets.

With just one transaction, anyCall can send arbitrary data, like smart contracts, NFTs, messages, tokens, data, etc to any other blockchain.

How does anyCall work?

The anyCall contract is made up of the following contracts and functions-

1. anyCall Function – Resides on the source chain. The anyCall function calls the anyCall contract and stores the instructions to be executed on the destination chain.

2. Multichain MPC nodes – The anyCall contract resides in a common MPC address on all blockchains. The contract detects the invocation of the anyCall function, and performs security and validity checks before relaying the message to the destination chain.

3. anyExec Function – Resides on the destination chain. The anyExec function receives the instructions sent from the source chain through the anyCall contract and executes them in the destination chain.

Here‘s more information about anyCall. Find more information about anyCall.

What makes anyCall stand out?

● Universal cross-chain communication

With the help of the anyCall function, a contract on the destination chain can be called directly from the source chain. Therefore the generalization of the anyCall function enables it to share information like commands, state, data or even messages across chains, making it optimal for any sort of cross-chain communication.

Secured by the MPC network

Whenever the anyCall contract is called in the source chain, it is the MPC nodes that verify the transfer of information across any chain through the anyCall contract. MPC as we know, is one of the most decentralized and secure systems to relay information across blockchains.

Easy to deploy

anyCall can easily be implemented on any blockchain, as it is just a contract. Its implementation does not require a hard fork. The methods are well described in our documentation and we provide friendly and reachable support for coders implementing it.

Backed up by the Multichain ecosystem

The Multichain ecosystem is one of the most robust and advanced cross-chain communication protocols in Web3. The MPC network in the multichain ecosystem is efficiently decentralized and secure, reaching more than 40 blockchains now, with many more on the way. Therefore by being a part of the multi-chain ecosystem, you know that your investment in time to integrate anyCall will be rewarded as we grow and it becomes a standard in our industry.

anyCall cross-chain use cases

In the future, anyCall will change how developers think about and build Dapps radically, unlocking potential in cross-chain DEX, cross-chain lending protocols, cross-chain DAO voting, cross-chain arbitrage bots, cross-chain oracles, data sharing, cross-chain NFT migration and even Unified Metaverse. With anyCall, anything can be interoperable across any blockchains in one single process.

MYEG’s Zetrix Blockchain Launches Mainnet

April 13, 2022 Published by TheBlockchainExaminer.com

MY E.G. Services Berhad’s (“MYEG”) Zetrix blockchain has completed the foundational development for its Layer-1 blockchain functionalities and it will launch its mainnet on 15^th April 2022. This marks the completion of phase 1 of Zetrix’s journey towards being a leading platform for decentralized applications, where industrial use cases like supply chain traceability and financing co-exist with the metaverse.

Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial applications. It is a collaboration between MYEG and Beijing-based Bubi Technologies which provides the backbone infrastructure and supernodes outside China that integrates with Xinghuo BIF. Zetrix’s Layer-1 infrastructure will host applications, protocols and networks to be deployed on top of its proprietary smart contracts and Proof-of-Stake (PoS) consensus mechanisms across a network of validator nodes.

MYEG’s recently launched NFT marketplace, NFT Pangolin, will be one of the first applications to be hosted on Zetrix and will introduce Zetrix-minted NFTs on the platform. NFT Pangolin is a global marketplace for creators to issue and sell their unique crypto-secured digital collectibles. Compared to the expensive costs associated with Ethereum, Zetrix will provide lower minting charges and gas fees to reduce the financial barriers to entry for participants which will encourage more artists, traditional and digital alike, to explore the potential of blockchain and a new platform as a means of showcasing and trading their work.

Mr. TS Wong, Group Managing Director of MYEG commented: “This can further educate existing customers and potential users on not only the application of NFTs beyond the creator scene, but also its potential real-world utilization and hopefully to initiate its use for ownership of real-world products. Our aspiration is to be the bridge to enable NFTs or digital collectibles to move freely between China and the rest of the world.”

The Zetrix mainnet launch contributes significantly to MYEG’s plans of digitalizing all forms of value transfer and asset ownership, and tokenization as well as for the metaverse ecosystem development. Upcoming projects on Zetrix include Zetrix decentralized finance (DeFi), Web 3.0 domain registry and support for DAO (Decentralised Autonomous Organisations).

More information on Zetrix, along with the Software Development Kit (SDK) for third-party developers, is available at zetrix.com.

Lambda256 Launches NFT Bridge Connecting Luniverse to the Ethereum

April 13, 2022 Published by TheBlockchainExaminer.com

Lambda256, the blockchain arm of a South Korean fintech leader Dunamu and an operator of a blockchain service platform Luniverse, has announced the launch of “Luniverse Multichain NFT Bridge” service along with the upgrades on NFT-related services on April 12. Luniverse is playing a key role in Lambda256’s competitiveness in Asian NFT market, by providing a technical base for NFT services of Lambda256 such as Upbit NFT. Through Luniverse Multichain Bridge service, Lambda256 aspires to expand Luniverse ecosystem to multichain environment such as Ethereum.

The new Luniverse Multichain NFT service provides NFT features including the NFT bridge service connecting Luniverse and Ethereum, IPFS, APIs dedicated to NFT, and a carbon-neutral blockchain environment.

Lambda256 expects to expand the utility of Luniverse NFT with the Bridge service, which will enable Luniverse-based NFTs to be transferred to the Ethereum chain. The Bridge enables Luniverse-based NFTs sold on both Luniverse and Ethereum NFT markets such as Upbit NFT and OpenSea. Luniverse Bridge is provided without the transaction fee temporarily for the expansion of its user base. Users can claim the fee from Faucet platform on the Luniverse Bridge website. Another merit of Luniverse NFT is multichain scalability at reasonable cost, intensified by the recent upgrade on the NFT API with the functions such as bulk minting, Ethereum minting, and IPFS metadata management. The metadata management system using IPFS, a feature to be supported soon, will be a foundation of decentralized and a developer-friendly environment.

According to Lambda256, “the Luniverse Multichain NFT service with a stronger API and the Bridge service together have built a convenient and highly utilized development environment. By connecting to the Ethereum chain, and other mainnet protocols in the future, the services will contribute to the expansion of the Luniverse ecosystem. Luniverse now provides easy and pleasant development for developers and an affordable NFT business model for contents creators and entrepreneurs.”

Lambda256 will unveil the Luniverse Multichain NFT Bridge on April 12. Detailed information on the service could be found on Luniverse Community and Luniverse Medium after the reveal.

Yili Moves to Advance Its Carbon Neutrality Goal across the Industrial Chain before 2050

April 13, 2022 Published by TheBlockchainExaminer.com

– Yili became China’s first food company to announce its Roadmap to a Net-Zero Carbon Future.

– According to the Roadmap, tasks are outlined for 2030, 2040 and 2050.

On April 8, Yili took the lead in China’s food industry to launch its Plan for a Net-Zero Carbon Future and Roadmap to a Net-Zero Carbon Future.

Pan Gang, Chairman and President of Yili Group, said that Yili peaked carbon emissions in 2012 and committed to achieving carbon neutrality before 2050 with targets set for 2030, 2040 and 2050.

On the same day, Yili Group Net-Zero Carbon Alliance was inaugurated with Yili’s 43 global strategic partners, which was marked by an online conference. With World Integrally Sharing Health: A Sustainable Development Initiative by Yili Group, Yili joined collaborated with partners across the industrial chain towards a net-zero future. Among them, Tetra Pak, FrieslandCampina, Chr. Hansen, Roquette, and four other suppliers were recognized as Low Carbon Pioneer in Yili’s Global Supply Chain.

In the Roadmap, Yili outlined a path towards full life-cycle carbon neutrality in three phases.

By 2030, an operational model for green, low-carbon, and circular development will preliminarily take shape at Yili and the energy efficiency will increase substantially.

By 2040, remarkable progress will be made towards overall green growth throughout Yili’s industrial chain. The energy efficiency at the corporate level will reach the world’s leading level.

By 2050, Yili will become a green, low-carbon, and circular enterprise with a high-quality energy system that is clean, emission-free, safe, and efficient. The energy efficiency of its entire industrial chain will reach a world-leading level.

For many years, Yili has attached great importance to its goal of carbon neutrality and has taken effective actions to reduce carbon emissions across the industrial chain. Pan Pan Gang first put forward the concept of “green leadership” at the first Summer Davos Forum in 2007. Later in 2009, the green industrial chain strategy was proposed, integrating green production, green consumption and green development. As the first company in the food industry to launch the corporate carbon inventory assessment in 2010, Yili has continued with such assessments for 12 consecutive years so far. On October 24, 2020, Yili became China’s first food company to commit itself to carbon neutrality in response to China’s goal of peaking CO2 emissions by 2030 and achieving carbon neutrality by 2060. On December 31, 2021, Yili held a ceremony to launch its Future Intelligence and Health Valley in Hohhot, Inner Mongolia Autonomous Region, China’s first five-star project for carbon neutrality.

On December 28, 2021, Yili received the PAS 2060 certification for carbon neutrality from Bureau Veritas, the first in the industry. Bureau Veritas recognized that Yili peaked its carbon emissions in 2012.

This year, Yili now has the first net-zero factory in China’s food industry, the first net-zero milk in the country, and the first two “net-zero factories” in the Chinese milk powder industry.

Yili will pursue carbon neutrality before 2050 in its next strategic phase. As one of the Top 5 global dairy brands and the largest dairy company in Asia, Yili will strive for mutually beneficial development along its industrial chain and create more social value while ensuring its high-quality development. Yili will work with partners across the entire industrial chain to make the net-zero future a reality.

Tag: Blockchain

London’s Exclusive Les Ambassadeurs Casino Bets on Dutch Blockchain Leaders LTO Network and Sphereon to Revolutionize Gambling

MaiCapital receives approval from the Hong Kong SFC to manage funds with 100% Virtual Asset

WonderPlanet Inc. to Establish Overseas Subsidiary to Conduct Blockchain Game Business

AirCarbon Exchange Bolsters Abu Dhabi Hub With Key Senior Hires

Hainan Resort Software Community, a Key Industrial Park in Hainan FTP, Is Recruiting Senior Executives Globally

Multichain released anyCall, a cross-chain message router protocol

MYEG’s Zetrix Blockchain Launches Mainnet

Lambda256 Launches NFT Bridge Connecting Luniverse to the Ethereum

Yili Moves to Advance Its Carbon Neutrality Goal across the Industrial Chain before 2050

Latest Members

Who is online

Latest Hashtags