Tag: Blockchain

astri-hosts-smart-city-forum-with-thought-leaders-and-distinguished-speakers

ASTRI hosts Smart City Forum with thought leaders and distinguished speakers

March 23, 2021 Published by

 

The Hong Kong Applied Science and Technology Research Institute (ASTRI) has hosted a Smart City Forum in which government, business and thought leaders shared their views on the essential collaboration for a smart city and what a “tech-backed” sustainable future looks like for Hong Kong as the territory is moving full steam ahead on its journey to become a world famed Smart City.

The event was opened by the Honourable Secretary for Innovation and Technology, Mr Alfred Sit Wing-hang, following the welcome remarks from ASTRI Chairman Ir Sunny Lee Wai-kwong.

“Developing Hong Kong into a smart city is undoubtedly an important commitment of the Government. However, the full participation of the private sector, academia and research institutes is also of paramount importance to help us move towards this goal. I am glad to learn that many of the technologies developed by ASTRI could play a part in our smart city development in various aspects,” said Mr Alfred Sit.

Ir Sunny Lee said, “ASTRI is fully aligned to our Government’s clear commitment to Hong Kong’s technological development. Smart City stands alongside FinTech, Intelligent Manufacturing, Health Tech and Application Specific Integrated Circuits, as one of ASTRI’s core areas of expertise and focus. We understand a Smart City needs Smart People and therefore our numerous talent development initiatives are focused on ensuring the next generation is able to keep up with the pace of innovation.”

On the first panel titled ‘The Essential Collaboration for a Smart City,’ panelists discussed how we could achieve our best results by not only working together, but also finding the balance between healthy and stimulating competition and cross-sector collaboration. On the second panel titled ‘What Does a Tech-backed Sustainable Future Look Like?’, speakers discussed various aspects of a smart city from talent development, gerontech and healthtech to fintech, blockchain, artificial intelligence and how these technological applications will impact Hong Kong as a smart economy in particular on small and medium sized businesses.

ASTRI’s Acting Co-CEO cum Chief Operating Officer Dr Martin Szeto, who featured on the second panel and delivered the event’s closing remarks, said, “The HKSAR Government has made innovation and technology a key pillar of its framework to ensure Hong Kong develops into a world famed Smart City characterised by a strong economy and high quality of living. We believe ASTRI, with our award-winning innovations and talented researchers, is uniquely positioned to support the government and deliver against this vision.”

Dr Lucas Hui, Acting Co-CEO cum Chief Technology Officer at ASTRI, provided an overview of ASTRI during the event, said, “ASTRI is committed to contributing to Hong Kong’s future as a Smart City, whether that is through our technological innovations in the various initiatives under the six smart areas, or leveraging on our thought leadership position in promoting and exploring how innovation and technology can bring a positive impact to our society and build a sustainable and efficient future for Hong Kong.”

The event was held in the Asia Society Hong Kong and live-streamed to an audience online.

smartmedia-technologies-unveils-the-next-evolution-of-nfts-to-create-unprecedented-advertising-outcomes-for-brands

SmartMedia Technologies Unveils The Next Evolution Of NFTs To Create Unprecedented Advertising Outcomes For Brands

March 23, 2021 Published by

 

In a push to revolutionize brand-to-consumer engagement, SmartMedia Technologies is launching The SmartMedia Lab: a self-service platform that allows agencies and brands to create immersive mobile advertising campaigns using its proprietary non-fungible tokens (NFTs), known as SmartMedia Objects (SMOs). The SMOs can be distributed and attributed programmatically across display, social, search and CTV to drive deeper brand engagement and produce better business outcomes. With the release of SmartMedia Objects, SMT cements the notion that NFT technology is here to stay, and expands its application across the sales and marketing funnel.

The innovative campaigns that the SmartMedia Lab can produce are only made possible by leveraging the tenants inherent to blockchain and NFTs. As a company who has been at the forefront of NFT technology since 2018, the recent buzz surrounding NFTs comes as no surprise to digital pioneer and CEO/CTO of SmartMedia Technologies Tyler Moebius.

“It’s extremely exciting to see others finally realizing the potential of NFTs that our team has always believed in,” says Moebius. “While many industries scramble to jump on the bandwagon now, SMT has been building and perfecting our SMOs for years, delivering secure and intelligent NFT campaigns for some of the largest brands in the world.”

Following the initial NFT blueprint, the trademarked SMOs evolve and expand upon the original concept. Unlike a standard NFT, SMOs are highly programmable, AR/VR enabled, network aware, and have the ability to run autonomous long-running code, making them artificially intelligent. They look like an App, feel like an App, and can be acquired, picked up or dropped using any HTML browser, all without download. Users can buy, sell and trade them just like a cryptocurrency on any of the NFT exchanges. Additionally, SMOs can be programmatically distributed and attributed back to a user or paid media channel without the use of cookies.

Having delivered SMO campaigns for top brands like MillerLite, Fjallraven and Ben & Jerry’s, SMT continues to help brands drive retail sales through innovative and interactive campaigns. In a campaign for Avocados of Mexico for Super Bowl LIV, SMT developed a consumer engagement reward system in which users were given the opportunity to acquire or win a SMO, the golden Avocado, worth $10,000.

“We are helping brands innovate and rethink what is possible when it comes to audience activation and engagement,” says Moebius. “We’ve seen the most widely used application of SMOs by our brands thus far in the form of giveaways to acquire new customers. However, the campaign possibilities are endless.”

SmartMedia Objects are the future of NFTs in the advertising space, acting as a valuable tool by allowing brands to engage directly with their consumers and ultimately decentralizing advertising all together. With the frontier of a cookieless digital world nearing, SMT delivers advanced solutions by providing autonomy over creative detail in digital engagement and secure first-party consumer data to brands.

bitcoin-ira:-clients-invested-over-$100-million-dollars-into-interest-earning-program-in-just-30-days

Bitcoin IRA™: Clients Invested Over $100 Million Dollars Into Interest Earning Program In Just 30 Days

March 19, 2021 Published by

 

Bitcoin IRA, the world’s first, largest, and most secure digital asset IRA technology platform that allows users to buy, sell and swap cryptocurrencies for their retirement accounts, announces over one hundred million dollars have been invested into IRA Earn™. The new interest-earning program offers interest rates up to 6% annually on cash and crypto holdings. This news follows Bitcoin IRA COO Chris Kline’s appearance on CoinDesk TV, where he discussed the rapid growth of the Bitcoin IRA platform, the company’s mission to help Americans retire, and the wildly popular interest-earning program called IRA Earn.

Investors can create an account today, deposit funds into a self-directed retirement account, and then enroll in Bitcoin IRA Earn. Unlike traditional banks where the average savings rate is only 0.05%, the IRA Earn program offers rates approximately 100x higher, up to 6% annually, based on the blockchain’s unique ability to remove the middleman.

Retirement account owners can use Bitcoin IRA’s interest-earning program to increase the yearly return of their Traditional and Roth IRAs, and/or 401(K)s. For example, at the current rate, someone with $100,000 in cash could earn $30,000 via IRA Earn in just 5 years. This means clients taking advantage of this program can potentially earn faster and retire sooner with more money in their Bitcoin IRAs and/or 401(K)s.

Some of the highlights of the program include:

  • High-Interest Rates: Earn 6% APY on cash, 2.7% on Ethereum, and 2% on Bitcoin.
  • Low Minimums: Start earning interest with as little as $10,000.
  • Monthly Payouts: Accrue interest daily and receive payouts monthly.
  • No Lockup Period: Having open terms means users can earn substantial interest without long-term commitments.

The new IRA Earn program is available today to all account holders. Individuals interested in participating in the program should go to bitcoinira.com/earn or call 866-333-4307 to sign up.

1exchange-welcomes-listing-of-jocom,-malaysia’s-fastest-growing-mobile-groceries-and-shopping-platform

1exchange Welcomes Listing of JOCOM, Malaysia’s Fastest Growing Mobile Groceries and Shopping Platform

March 18, 2021 Published by

 

1exchange (“1X”), Singapore’s first regulated private securities exchange and a member of leading integrated private market ecosystem CapBridge Financial, today announced the direct listing of Jocom International Holdings SDN. BHD. (“JOCOM”), operator of leading Malaysia-based M-commerce platform JOCOM. The JOCOM mobile app connects over 500 vendors providing over 15,000 products with about 3 million customers across the whole of Malaysia.

About 26.7% of JOCOM total shares outstanding were listed on 1X at an aggregate value of S$5.6m. The 1X listing process was conducted entirely online and facilitated by the CapBridge platform.

Mr Joshua Sew, CEO of JOCOM, said, “In the past year, the demand for our integrated M-commerce solution has grown exponentially across both consumers as well as merchants and vendors.

JOCOM has enabled traditional businesses to tap on the power of digital technology to engage existing and new customers, connecting many rural farmers and traders with affluent consumers seeking quality products in a convenient way. With this listing on Singapore’s 1Exchange, we look forward to going further to serve our shareholders, customers, and partners with even more innovative mobile commerce solutions.“

Mr Choo Haiping, CEO of 1X, said, “We are pleased to welcome JOCOM, Malaysia’s fastest growing mobile commerce platform. For many customers, JOCOM’s specialist mobile app has been a reliable, convenient, and efficient one-stop shop for their groceries and lifestyle needs. JOCOM has also contributed greatly to the digital transformation of many traditional businesses in Malaysia, through its accessible mobile commerce solutions. JOCOM can count on the 1X platform as it continues on its growth journey.”

Based in the global financial hub of Singapore, 1X is the first regulated private securities exchange with a Recognised Market Operator licence granted by the Monetary Authority of Singapore (“MAS”). 1X is part of CapBridge Financial, backed by Singapore Exchange (“SGX”), SGInnovate, South Korea’s Hanwha Investment and Securities Co, Hong Kong’s Cyberport Macro Fund, and AMTD Digital[1].

Mr Mohamed Nasser Ismail, Senior Vice President and Global Head Equity Capital Markets, SGX, witnessed the listing and added, “As a strategic partner and shareholder of 1X, SGX is pleased to witness the continued interest by many growth companies to seek a listing on the private exchange. I am heartened at the listing of JOCOM, which adds to the vibrancy of the broader capital markets and provides shareholders and other interested investors a market for tradeable private equities. We look forward to supporting JOCOM and other such companies to prepare for an eventual public listing when they are ready.“

The direct listing on 1X was marked by a virtual gong-striking ceremony this morning, attended by representatives from JOCOM, placement agent CapBridge Pte Ltd, trust administrator Equiom Singapore, as well as strategic partner and shareholder SGX.

On 1X, private companies and funds have the flexibility to list a portion of their shares in the form of tradeable private equities. A direct listing on 1X enables companies to simply convert their existing shares to tradeable shares, in a cost-effective and efficient manner. This regulated asset class traded on 1X provides investors additional portfolio diversification with higher-than-market returns potential, while giving shareholders options for exits.

fintech-wirex-wins-court-ruling-in-favour-of-cryptoback-trade-mark

Fintech Wirex Wins Court Ruling in Favour of Cryptoback Trade Mark

March 18, 2021 Published by

 

Wirex, a leading digital payments platform, has succeeded in its High Court trade mark infringement claim regarding their UK registered trade mark for Cryptoback™, which is used in conjunction with Wirex’s popular crypto rewards scheme.

The victory is against Cryptocarbon Global Ltd, Cryptocarbon UK Ltd and Bee-One UK Ltd in respect of their unauthorised use of the Cryptoback™ trade mark. Mr. Subash Manuel, a director of these companies, was held jointly liable for the infringing activities of Cryptocarbon Global Ltd and Cryptocarbon UK Ltd.

Wirex is an innovative crypto payments platform, giving customers the ability to buy, hold, exchange and sell up to 20 traditional and cryptocurrencies from a centralised, intuitive app. Cryptoback™ is one of Wirex’s most popular features, and the company is proud to have been the world’s first to offer a cryptocurrency rewards scheme. The programme automatically rewards customers up to 2% back in WXT, Wirex’s native token, for using their crypto-enabled debit card in-store or online.

Wirex issued its claim for trade mark infringement in September 2019 after discovering that the defendants were using the Cryptoback™ name in conjunction with a cryptocurrency rewards scheme. After a High Court trial in January this year, His Honour Judge Hacon found that Wirex’s Cryptoback™ trade mark was valid and infringed by the defendants, and all of their counterclaims (including to invalidate the Cryptoback™ trade mark) were dismissed.

The news comes at a significant time for Wirex, as they release a product overhaul, including their X-tras rewards programme. Building on the success of the crypto-rewards scheme and rewarding loyal customers, it offers enhanced Cryptoback™ rewards and up to 12% annual Savings Bonus on users WXT balance*. Last week, the company also announced their brand new crypto-enabled and multicurrency Mastercard debit card in the UK and EEA regions, with real-time point-of-sale conversion, exclusive interbank and OTC exchange rates, free international ATM withdrawals, zero monthly fees and free fiat-to-fiat exchanges.

Dominique Simon, Global General Counsel at Wirex remarked, “We are delighted that the Court has found in our favour after a long and hard-fought battle against these infringers. We would like to thank our legal team, Andrew Norris QC (Hogarth Chambers) and Brown Rudnick LLP, for all of their fantastic work in helping to deliver this outcome. We look forward to developing and expanding our Cryptoback™ program in the UK and worldwide, along with other exciting innovations. ”

Read the full judgment here: https://www.bailii.org/ew/cases/EWHC/IPEC/2021/617.html

To find out more about the new X-tras scheme, visit: https://wirexapp.com/blog/post/a-new-era-wirex-x-tras-programme-0280

To find out more about how Cryptoback™ works, visit: https://www.youtube.com/watch?v=J8QWzMUglbU

lugh-announces-the-creation-of-the-first-french-digital-asset-pegged-to-the-euro

Lugh announces the creation of the first French Digital Asset pegged to the Euro

March 18, 2021 Published by

 

The Lugh Company announces the creation of the first French digital asset pegged to the Euro, in partnership with Coinhouse, a leading French player in crypto-asset investments for individuals and professional investors, in a trustworthy environment built with key experts such as Societe Generale. As a first step, the Lugh (EUR-L) digital asset will be made available on the Coinhouse platform to facilitate crypto asset trading for individual or professional investors, seeking to hedge against the risk of volatility on these markets. Once this step is completed, the Lugh Company aims to develop new financial services based on blockchain technology.

In order to guarantee the stability of the Lugh (EUR-L), for each digital asset issued, one euro will be held in a dedicated bank account. The Lugh Company has thus developed an environment of trust around its digital asset: the project is supported by experts in their field, such as Societe Generale, the account holder of the issuing company, and PwC France and Maghreb which has been called on to issue a report each month on the number of Lugh (EUR-L) tokens issued and the balance of the associated bank account held with Societe Generale.

In addition, this digital asset has been presented to the French regulatory authorities and is willing to comply with the current regulatory framework. Technologically, the Lugh Company will benefit from the expertise of SCEME, developer of the emission and management platform of Lugh, Nomadic Labs, a French specialist of the Tezos blockchain technology on which will the Lugh (EUR-L) will be issued, and Casino Group, which considers this project an opportunity to develop new and innovative means of payment and loyalty programs in the future.

color-star-technology-co,-ltd-(nasdaq:-cscw)-announces-cooperation-agreement-between-wholly-owned-subsidiary-color-china-entertainment-and-doman-(hk)-ltd.-to-support-color-world-app

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Announces Cooperation Agreement Between Wholly-Owned Subsidiary Color China Entertainment and Doman (HK) Ltd. to Support Color World App

March 18, 2021 Published by

 

Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), today announced the signing of a cooperation agreement between its wholly-owned subsidiary, Color China Entertainment Co., Ltd. (hereinafter referred to as “Color China“), and Doman (HK) Ltd. (hereinafter referred to as “Doman”). The cooperation will provide blockchain technology support for Color Star’s interactive entertainment platform software, known as Color World APP.

Doman is a Hong Kong-based company that provides blockchain technology to many enterprises around the world, addressing issues in computing and internet management. The cooperation between Color China and Doman will focus on several areas of blockchain technology, including entertainment copyright blockchain, membership management blockchain, and the development and application of interactive community blockchain. The cooperation will also include joint efforts to create a “private chain” and the continued pursuit of breakthroughs in augmented reality (AR) technologies. In addition, the cooperation may include mutually agreed strategic investments in each other. At present, the Color Star APP boasts more than 1 million users, with continued growth in its user base. As the Company continues to launch new applications on the APP, including AR theater, AR museum, artificial community and others, the development of these applications should enable it to progress towards becoming a high-tech internet company. The cooperation between Color China and Doman will also provide support for establishing copyright trading platforms, and in the future, Color Star plans to build an open, global copyright trading and communication platform through blockchain technology. This is planned to be a platform where audiences from around the world can use to display their own copyrights for movies, TV shows, music, games, books, and art, while also engaging in the trading of these copyrights. The development of this platform should make future copyright exchanges more open and fluid. A platform user who is currently unknown, but has strong creative abilities, might use this platform to help showcase his hidden talents; the copyright exchange platform of the Color Star APP may quickly match him to those who can appreciate and understand the value of his work. This platform may also benefit enterprises, which may use the platform to discover talent, while avoiding pricy intermediary fees. Through this platform, people may find their favorite works in one stop, and as the Color Star APP becomes integrated with AR technology, it should turn copyrights from plain text into vivid presentation, thereby allowing everyone to appreciate the talented works of others.

The CEO of Color Star, Mr. Luke Lu, commented: “Our Company has recently increased its development efforts in artificial intelligence, AR vision, and blockchain applications. We will not hesitate to invest in the development and testing of technologies in order to bring a brand-new experience to the future of internet entertainment. We have the courage to experiment and make progress, and already many technology companies from around the world have expressed interest in jointly developing or sharing their proven technologies with us, so that our software capabilities can be put into application earlier. I strongly believe that the future can be changed by technology, and that the application of these high-tech technologies will give the world a brand new interactive entertainment experience.”

Color Star continues to work hard in the development of technology and has already achieved great success in some technological breakthroughs. Many of these products should soon be available for global audiences to use and experience. The Company believes that its efforts and developments will be recognized by its users, and as users experiment with these new applications on the Color Star APP, there should be a greater breakthrough in the number of registered users and active users. As a brand new internet technology company, our employees work tirelessly to launch new products and services, and we believe customer satisfaction with our products and attracting users through scientific research is important. We think this cooperation is an opportunity that will be appreciated by the marketplace.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

artcels-launches-new-art-portfolio-‘millennials’-with-banksy-nfts

ARTCELS Launches New Art Portfolio ‘Millennials’ With Banksy NFTs

March 17, 2021 Published by

 

Digital art investments platform ARTCELS today announces the launch of their new blue-chip art portfolio ‘Millennials’ on 22 April 2021. Available to investors as share-based ownership using non-fungible tokens (NFTs), it is backed by its own revolutionary Swiss-based cryptocurrency – ARTEM. The portfolio of artworks will also be exhibited in a specially curated show at HOFA Gallery for both investors and the public to enjoy.

The new portfolio features ultra-contemporary blue-chip artworks by coveted artists such as Banksy, Nina Chanel Abney, Jonas Wood, Josh Sperling, Yoshimoto Nara, and others. These artists have seen their works appreciate in value and demand-driven largely by the patronage of the millennial collectors who are boldly shaping the frontiers of the art market despite the economic downturn brought on by the pandemic.

ARTCELS was originally launched in February 2020:

  • ARTCELS is a pioneering asset-based tokenized art investment platform that uses NFTs, blockchain technology and cryptography to facilitate safe and secure investment in some of the most valuable blue-chip contemporary art on the market today.
  • The model provides state-of-the-art authentication at the point of sale and purchase while also allowing investor members to opt for partial and shared ownership in the artworks they carefully curate.
  • Through this flexible model, ARTCELS has opened the door for young and tech-savvy art enthusiasts to invest in and enjoy the phenomenal blue-chip contemporary artworks they broker.

ARTCELS’ new portfolio ‘Millennials’ launches 22 April 2021:

  • Millennials marks a major step up for ARTCELS, which is looking to build on the sold-out success of their inaugural ‘XXI’ portfolio which closed on a record high, having attracted investors across multiple markets and won major plaudits for the innovative investment services and virtual art experiences they provide.
  • The price of a single ‘Millennials’ share is $1,000 USD and the portfolio opens with an initial offering of $250,000 USD, capped at 250 shares.
  • The ARTCELS team believes with ‘Millennials’ they will attract larger value commitments from member investors who stand to cash-in on significant returns as art remains one of the most secure investment options available.

Consisting mainly of single and limited-edition artworks, the ‘Millennials’ portfolio has been curated with an eye on collections that resonate with the millennial generation and a focus on Asian collectors. The inclusion of works by Banksy is certain to be yet another high note for ‘Millennials’ as the popular British artist remains very much a global art phenomenon. Admirers of Josh Sperling and Yoshimoto Nara, whose art has been exhibited in Hong Kong and Japan, and Jonas Wood, whose energetic and colourful paintings have featured on billboards and murals from New York to Los Angeles, will also find ARTCELS’ new portfolio an attractive investment option.

Along with the opportunity to invest in lucrative portfolios of contemporary art, ARTCELS’ members also benefit from a personalised online gallery, investor dashboard and in-platform social network, all accessible within the ARTCELS’ mobile app.

Commenting on the new ‘Millennials’ portfolio, ARTCELS Co-Founder Elio D’Anna, said, “Our inaugural portfolio, ‘XXI’, which débuted in 2020, sold out quickly and was a resounding success, showcased in gallery and virtual exhibitions held in London, Los Angeles, and Mykonos for our members and the public to enjoy.”

He adds “So, in 2021, we’re dreaming bigger and aiming higher with our new ‘Millennials’ portfolio. It represents the very best in contemporary art today and we are confident that our prospective and current investors will be exceedingly pleased by the quality of art they will get to enjoy and the potentially significant scale of their investment returns.“

oasis-digital-studios-partners-with-recently-announced-digital-collectible-marketplace-rare.store-to-drop-ar-enhanced-nfts

Oasis Digital Studios partners with recently announced Digital Collectible Marketplace RARE.Store to Drop AR Enhanced NFTs

March 17, 2021 Published by

 

Liquid Avatar Technologies Inc. (CSE: LQID) (OTC: TRWRF) (FRA: 4T51) (“Liquid Avatar Technologies” or the “Company“), a global blockchain, digital identity, and fintech solutions company, together with ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF), an Augmented Reality platform, are excited to announce Oasis Digital Studios‘ (“Oasis”) partnership with recently launched NFT marketplace, RARE.Store. RARE.Store is a curated marketplace for iconic digital art, collectibles, and experiences, a joint venture launched by Toronto-based GDA Group, a team of digital asset experts focused across blockchain technology, and Nightshift, an artist management and creative agency. Oasis plans to drop a key selection of its upcoming Artists & Talent AR Enhanced NFT projects to RARE.Store, introducing an innovative new perspective on the rapidly growing digital collectibles sector.

RARE.Store is due to launch in April 2021 and focuses on curating NFT sales in collaboration with recognized artists and creators across music, sports, art and entertainment. RARE.Store will allow users to make purchases with either fiat currency using their credit or popular cryptocurrencies, an innovative approach that looks to increase artist exposure while enhancing accessibility to unique digital assets. RARE.Store will also provide management companies, such as Oasis, with a powerful suite of tools to allow them and their clients to easily mint and sell NFTS.

A Non-Fungible Token, or NFT, is a unique digital asset that can be used to represent a wide range of tangible and intangible assets, such as digital and conventional artwork, collectibles, memorabilia, in-game items etc. In contrast to NFTs that capture “moments in time,” digital images or videos such as those seen on NBA Top Shot, Oasis looks to create an engaging user experience, creating and deploying embedded AR “triggers” in each Oasis supported NFT. These unique triggers will allow for immersive, “living” shareable experiences through the Liquid Avatar Mobile App and AR enabled websites. Oasis also looks to introduce NFT programs, brands, and participants to further development within the growing space of unique digital assets.

“We are excited to work with the Oasis Digital Studios on introducing the next generation of functionality for NFTs including unlocking real-world activations and experiences through their immersive Liquid Avatar AR platform,” said Michael Gord, one of the co-founders of RARE and the CEO of the GDA Group.

“The idea of bringing augmented reality to concerts and festivals is a natural progression for the NFT market”, said Michael Perrow, Co-Founder of RARE. and Nightshift. “Excited to work with Liquid Avatar to push this initiative forward.”

Oasis is working with leading individuals and organizations across blockchain technology, computer graphics, augmented reality, entertainment, art, sports, gaming, music, media, comic book, memorabilia, and pop culture sectors to support the fast-paced emergence of the NFT marketplace.

With numerous opportunities already in cue, the Oasis model is to establish an ongoing partnership with artists, sports personalities, talent, brands, and organizations, and share in the ongoing revenue of the initial sale and any residual sales, creating potential royalty-type revenue relationships. The initial program offerings will consist of digital artwork, with the expected expansion to include trading cards, limited editions and series, as well as physical product programs.

“RARE gives us an opportunity to provide digital collectors with premium access to our AR enhanced NFTs,” said David Lucatch, CEO of Liquid Avatar.  “We are working with RARE to plan some incredible drops from major artists and brands.”

The Liquid Avatar Mobile App, featuring user created digital icons that allow users to manage, control, and create value from their biometrically verified digital identity, officially launched globally in the Google Play and Apple App Store on February 18, 2021. With the foundational first phase already available, the Liquid Avatar App will launch updates in phases, with new features expected monthly. The Company believes that as it plans to provide additional features, regular releases will provide users with the opportunity to familiarize themselves with existing features before moving on to more comprehensive services, and the opportunity to manage their digital identity and verifiable credentials.

singapore’s-acronis-acquires-synapsys,-providing-the-african-it-channel-with-direct-access-to-enhanced-cyber-protection-solutions

Singapore’s Acronis acquires Synapsys, providing the African IT channel with direct access to enhanced cyber protection solutions

March 17, 2021 Published by

 

Singapore’s unicorn Acronis, a global leader in cyber protection, announced today the acquisition of Synapsys, its long-time partner located in Cape Town, South Africa that specializes in distributing Acronis Cyber Protection Solutions through the service provider channel. Marking the latest move in the company’s accelerated growth plan, it is Acronis’ fourth acquisition in the past 18 months.

Synapsys is a channel-centric group of companies that delivers Acronis Cyber Protection Solutions to thousands of customers through a network of sub-distributors, resellers, and managed service providers (MSPs) in South Africa and across the continent. It is comprised of two businesses: Synapsys Systems (Proprietary) Limited, a specialist software distributor and the region’s Authorized Acronis Distributor for on-premises solutions since 2003, and Synapsys Distribution (Proprietary) Limited, which services the MSP market using the Acronis Cyber Cloud service provider platform.

“Synapsys has been a trusted and valuable partner in our efforts to extend our cyber protection solutions to organizations across the African continent. This acquisition will give their users direct access to our technology and support,” said Serguei “SB” Beloussov, Acronis’ Founder and CEO. “At the same time, Africa is becoming a strategic growth opportunity for Acronis and acquiring Synapsys provides us with a permanent presence on the continent. The move is beneficial for Acronis, the African MSP channel, and the organizations and users that need to safeguard their workloads and systems against the modern threat landscape.”

The acquisition dovetails perfectly with Acronis’ ongoing Global/Local Initiative, which aims to provide expanded in-country access to the company’s worldwide resources. As demand for cloud and managed services increases around the world, it creates opportunities for service providers who deliver Acronis Cyber Protection Solutions. The Global/Local Initiative reflects the company’s commitment to stay close to its partners and help them grow their business while protecting their clients against modern threats.

Unique relationship leads to acquisition

Peter French, Synapsys’ Managing Director, will now serve as Acronis’ General Manager for the Middle East/Africa market. In making today’s announcement, he commented on the unique relationship that led to the acquisition.

“No business school advice tells you to put all your eggs in one basket. But this is exactly what we did with Acronis, and we have never regretted it,” French said. “Our laser-focus and partner-centric ethos is backed by our alignment with Acronis’ mission, especially the drive to the cloud and the cyber protect approach to data protection and digital security. This deal feels like a natural extension to this long-standing relationship. Partnerships are about relationships which are about people: we are looking forward to continuing to support MSPs across Africa in keeping the ecosystem cyber protected, now as part of Acronis. And former Synapsys partners can look forward to a closer relationship with Acronis, working through the same core team on the ground whom they have grown to trust over the years.”

After a planned transition period, Synapsys will be integrated into Acronis and will be responsible for all Africa Sales of Acronis’ world-class cyber protection solutions.

As part of the company’s accelerated growth strategy, Acronis will continue to examine potential acquisitions that will extend its ability to address the Five Vectors of Cyber Protection — solving the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges that face today’s data, applications, and systems.

Any MSPs and resellers in the region who are interested in learning more about how they can boost their clients’ cybersecurity posture easily and affordably, without increasing the complexity needed to manage it all, are encouraged to contact Peter French at [email protected].

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