Modern Companies Cannot Afford to Ignore the Digital Transformation

MANILA, Aug 5, 2022 – (ACN Newswire) – Digital transformation is an absolute necessity today. Especially for small businesses, it has become indispensable. A few years ago, digital transformation was thought to give businesses a competitive edge. Now it's a fight for survival. We interviewed Dennis Crimen, ICT Head at Philippine Airasia, on how mobility services enabled by digital transformation are reshaping the commercial environment. Anywhere working models and on-demand decision-making have become possible thanks to mobility services. People no longer have to report to the office to do their tasks. They can work anywhere. Through technological outputs that streamline their operations and allow employees to access platforms that were once inaccessible to the public internet, modern technologies are impacting mobility in the post-Covid era. Employees now have the opportunity to connect and simultaneously adhere with government-mandated security requirements. Using the public internet to access assets comes with some concerns. User behaviour has a big impact on security. Regardless of how secure the systems are, a simple mistake like opening a phishing email can make the situation worse. Mr. Crimen advised users to be careful when accessing information to prevent the loss of sensitive company and personal data.



Francisco "Kiko" Castillo, Senior Vice President and Chief Information Officer of Maynilad Water Services, Inc. discussed how to use modern data integration technologies to achieve business results in our conversation with him. He began by describing how integrating data analytics and technologies is different in terms of methodology from building transactional systems. According to him, you need to allow sufficient time for data cleansing, which typically takes up 60% of the project time. Applying the right methodology and conducting pilot testing are the next steps. A leader of IT will eventually have to learn how to deal with these aspects. Kiko believes that deciding what to accomplish is the most important component to consider when looking at data integration platforms. Other factors include the data sources in the various systems, the types of data sources, and the identities that are used consistently across all sources.

On August 24-25, more than 100 digital transformation leaders will gather in the Philippines to discuss the key trends and challenges of a hybrid future. As part of its commitment to connecting transformational leaders, EDX is hosting the DX Leaders Strategy Forum Philippines 2022, a two-day hybrid event that will highlight partnerships between technology providers and end users to shape the digital future of Philippine businesses.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

World’s Biggest Deal for Humanoid Robots Inked

NEW YORK, Aug 4, 2022 – (ACN Newswire) – Robotics innovator Beyond Imagination, Inc. has entered into an agreement with SELF Labs, Inc. to provide at least 1,000 humanoid robots for use in agricultural "grow boxes"'. This is believed to be the largest deal of its kind.



SELF and Beyond are announcing a partnership to develop automated off-the-grid grow boxes. Each box will be equipped with solar panels, windmills, atmospheric water generators, 5G, and an advanced version of Beyond Imagination's Beomni robot with its Omni-Purpose AI Brain. By aligning the visions of Milan Cheeks of SELF and Dr. Harry Kloor of Beyond, this futuristic take on farming will be made possible through a uniquely powerful combination of Omni-Purpose AI, humanoid robotics, blockchain, and game technology.

The deal with SELF represents one of the largest agreements to purchase humanoid robots in the world. Cheeks says that "We are committed to purchasing at least 1,000 robots in the next five years, but if the effectiveness of our combined technology is as we project, that number could easily grow to ten thousand or more." According to a recent report by Markets and Markets, the humanoid robotics market will reach an estimated USD 17.3 billion by 2027, registering a CAGR of 63.5% between 2022 and 2027. The agreement with Beyond is in alignment with this prediction. Dr. Kloor commented, "Beyond Imagination expects to represent a billion USD or more of that market share by 2027, and with our partnership with SELF Labs we are well on our way to that goal."

Each grow box will be connected to a SELF Labs-powered trivia-based simulation game called Cultivate Coin, which allows users to choose a role, learn about farming and the growing process, learn how to operate a grow box business, earn rewards, and most of all take part in the growing process virtually.

The Beomni Omni-Purpose AI powered humanoid robots supplied by Beyond will work autonomously inside of the boxes to tend to the growing crops. The boxes will run on solar energy, and by using atmospheric water generator technology will not require any outside sources for power or water, making them self-sufficient.

Video: https://youtube.com/shorts/OhHB6xmLu3c?feature=share

Most robots are targeted at narrow verticals or are merely elaborate R&D demos. Beomni is different. Its thinking general-purpose robotics platform learns from human pilots who train its AI Brain to tackle increasingly sophisticated tasks autonomously. Beomni, combined with Beyond's Cloud Platform and evolving AI, can tackle limitless tasks without requiring special peripherals like industrial robots. Beomni is a fully mobile robot that is designed to work safely around humans. It is the world's first fully functional general-purpose robotic system, and the first to be beta tested at a medical facility. According to Dr. Kloor, "Working with SELF and its community will enable us to rapidly train Beomni's AI Brain to plant, care and tend, harvest, and box the crops in SELF's grow boxes."

Beomni has advanced significantly since it was revealed at CES in 2022. In April, the company demonstrated that Beomni can be operated from anyplace in the world. Additional prototyping and on-site evaluation projects are currently underway. The version Beyond will deploy in the grow boxes will be even more advanced, and will be part of Beyond's 2.0 product line of Beomni robots.

"I'm excited to bring this idea to life!" said SELF Labs founder Milan Cheeks. "Adding decentralization and automation to the farming industry will benefit everyone. While there is no single solution to solve world hunger, our automated off the grid grow boxes is one tool that will go a long way in meeting the UN's goal to reach zero hunger by 2030."

The first box will be crafted at Box For Grow in New Hampton, NY. Once assembled, it will begin operation for use within the United States.

About SELF Labs

SELF Labs is an incubator that focuses on transitioning companies and individuals from Web 2 to Web 3. By investing and providing products that gamify life, we are able to create a form of entertainment while solving the world's major issues. SELF Labs is on a mission to remove the hardships in life and provide products and services to bring a more leisurely lifestyle to everyone on the planet.

Founded in 2016, SELF has built its own private Blockchain called SELF Chain. SELF Chain is lifestyle blockchain that hosts a suite of reward tokens that users can earn on the Mirror Image One Gaming Console.

For more information and partnership inquiries, reach out to hello@selflabs.xyz

About Beyond Imagination, Inc.

Beyond Imagination, Inc. is a robotics and AI platform company that is focused on bringing humanoid robots to market rapidly to solve real-world problems. By partnering a human pilot with an evolving Omni-Purpose AI Brain, we are able to deploy our Beomni Robotics platform across a wide range of commercial applications. Our initial focus is in two sectors, agriculture and surgical assistance.

Founded by leading innovators in AI and robotics, and strengthened by a solid patent portfolio, Beyond Imagination, Inc. is poised to revolutionize life and fundamentally change the way we work, travel and engage with others around the world.

Beyond Imagination is continuing to take advanced orders and is always open to strategic partnerships and investments from qualified investors.

For photos and videos, see our media page at www.beomni.ai/media and our latest short video here: https://vimeo.com/717147889/634a211922. Our Press Kit may be found at www.beomni.ai/press-kit/

Source: Plato Data Intelligence: Platodata.ai

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Asian Licensing Conference explores latest trends and forges new business opportunities

HONG KONG, Aug 4, 2022 – (ACN Newswire) – The 11th Asian Licensing Conference (ALC), organised by the Hong Kong Trade Development Council (HKTDC), ran successfully from 27 to 29 July. The three-day online event featured 22 thematic sessions where 34 industry experts from different sectors addressed participants. More than 25,000 viewers from 42 countries and regions joined the discussions alongside physical participation at five satellite conferences in Chongqing, Dalian, Hangzhou and Shenzhen in Mainland China and Jakarta in Indonesia. The three-day event generated nearly 140 one-on-one business matching meetings online, connecting global licensing players with potential partners to help them explore business opportunities.


The 11th Asian Licensing Conference (ALC) online featured 34 industry speakers well versed in the industry and attracted more than 25,000 viewers from 42 countries and regions.

Five satellite conferences were held in parallel with the ALC in Chongqing, Dalian, Hangzhou and Shenzhen in Mainland China and Jakarta in Indonesia.

The inaugural Brand Forum took place alongside the conference, featuring a number of established Asian brands. Representatives from these brands shared their stories and connected with participants for potential business partnerships.


One-stop platform connects licensing partners to global opportunities

Hong Kong is maintaining its position as an international intellectual property (IP) and licensing hub that links international licensors and licensing agents. The ALC provides a one-stop platform where leading global brands and licensors can explore cross-sectoral cooperation and keep abreast of the latest market trends and opportunities. This year the conference addressed topical issues in such areas as non-fungible tokens (NFTs), the metaverse, brands crossover, arts and culture licensing, art technology, blockchain gaming, location-based entertainment (LBE) experiences, environmental, social and governance (ESG) in licensing and more.

Speaking at the conference, Maura Regan, President of Licensing International, said that following two years of unparalleled change brought by the COVID-19 pandemic, consumers put greater focus on life and cultural experiences. She said the global licensing community should capture opportunities arising from this consumer behaviour shift, expressing confidence that the licensing industry will continue to grow in line with consumer market trends in over the next two years.

Brand Forum builds business connections

The inaugural Brand Forum took place alongside the conference, featuring a number of established Asian brands such as BANDAI NAMCO, CAPCOM, DNP, Fuji Television, TV TOKYO Communication, Minto, San-Byte, Sony Creative, Poplar Publishing and Tsuburaya. Brand representatives shared their stories and were connected with other participants to explore potential partnerships. In addition, 45 Hong Kong homegrown brands under the DLAB banner presented their creative characters, animations, products and gaming designs. The online exhibition showcased more than 100 instances of IPs, fully demonstrating the power of licensing and creativity in the region.

TV TOKYO Communication shared that the event enabled them to connect with potential partners worldwide and explore business opportunities together. Yellow White Stone also said taking part in ALC helped them gain more experience and exposure.

At the "China Opportunity" session, one conference highlight, Gao Zheng, Director General, Bureau of International Exchange and Cooperation (Department of Hong Kong, Macao and Taiwan Affairs) of Ministry of Culture and Tourism of the People's Republic of China, said Hong Kong has been playing an important role in the development of the country's cultural industry. The conference would further promote business collaboration between international and Mainland Chinese enterprises, and at the same time cement Hong Kong's unique role as an international licensing hub. Jacky Chung, HKTDC Director, Mainland, said the National 14th Five-Year Plan supported Hong Kong's development into an arts and cultural exchange hub that connects the mainland to the rest of the world. This will further enhance the city's function as a trade centre for international IP and a globally recognised licensing hub.

He Yizan, Founder and CEO of ARTiSTORY, said technology would have a profound impact on people's lives, and many cultural and art institutions were now actively embracing new technologies. He believed the convergence of art and technology would become a new trend for cultural and art licensing in the future.

Over three event-packed days, the ALC addressed numerous topical issues, offered fruitful content to participants and generated business opportunities for industry players. The event served as a prelude to the 20th HKTDC Hong Kong International Licensing Show (HKILS) and the 12th Asian Licensing Conference (ALC) to be held from 27 to 29 April 2023. More details of these events will be announced in due course.

All ALC sessions were broadcast via the event's online platform. Complimentary playback is available for registered participants until 29 August 2022 through the conference website link [ https://alc.hktdc.com ], while subscription for video-on-demand is available for those who did not register for this year's event. Please email to: alc@hktdc.org for details of the subscription.

Website
– Asian Licensing Conference website: https://alc.hktdc.com
– Photo download: https://bit.ly/3PXfC5i

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Please contact the HKTDC's Communications & Public Affairs Department:
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org
Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Meet the 5G Ecosystem at BYOND MOBILE

BANGKOK, Aug 4, 2022 – (ACN Newswire) – Looking ahead to 2030, humans hope for an improved quality of life that requires a wide range of 5G connected digital services. Decreasing traffic congestion, producing green energy, using robots for dangerous work, making health computable, using farm management systems for enhanced crop productivity and implementing a smart transportation system are all part of the so-called networked economy. It is important to understand how to secure the ecosystem of devices and applications evolving from that network to shape a trusted digital future.



VNU Asia Pacific is launching ?BYOND MOBILE? from 28-29 September 2022 at Samyan Mitrtown Hall, Bangkok to set a platform for the digital infrastructure. The two-day conference and exhibition will be the meeting place for the 5G ecosystem, where industries can connect with established suppliers and disrupting start-ups across the world. The show will provide the latest technology solutions and services in the field of Health, Agriculture, Manufacturing, Smart City and Future Mobility.

BYOND MOBILE will be the yearly physical touchpoint to discuss the latest developments and newest policies but also network among like-minded business owners, entrepreneurs, network specialists and solution architects from all across the globe entering Southeast Asia.

"The Asia Pacific region will account for 40% of the world?s connectivity within the next 5 years. With Southeast Asia being the growth engine of that region, BYOND MOBILE will set the stage to drive the super-connected economy in the heart of Asia — a region being strategically contested by the 5G superpower heroes," Isabelle Springfeld, project manager of BYOND MOBILE states.

On 3,000 sqm at Samyan Mitrtown hall, BYOND MOBILE will showcase 5G products and solutions from 50+ leading brands such as Nokia, RV Connex, True Corporation, and BT Group as part of the UK Pavilion.

The exhibitors cover the fields of infrastructure components, cloud data & IT services, network operations, cybersecurity, device manufacturing and 5G/IoT-products and applications. In the Start Up Pavilion supported by depa Digital Start Up Institute Southeast Asia?s young and innovative 5G solutions will be showcased.

During the 2 days, more than 1,000+ visitors are expected to meet and network with the exhibiting companies, evaluate product demonstrations and explore new ideas and innovations to make their business more productive and efficient. The main stage within the exhibition hall hosts 40+ thought leaders within keynote speeches, fireside chats and panel discussions. At the end of the first day, qualified startups will live pitch their solutions in front of a top-class jury in the Start Up Challenge. On the breakout stage adjacent to the exhibition hall visitors gain deep knowledge insights through master classes and product demonstrations from companies and associations.

Be a part of the 5G revolution and drive your business to the next level by unlocking the potential of the IOT area.

Save the date: BYOND MOBILE 2022 | 28-29 September 2022 at Samyan Mitrtown Hall, Bangkok
Pre-registration is now open at https://eventpassinsight.co/el/to/Q87OY [Free ticket]
For more information, please visit https://byondmobile.asia or Tel. +662 1116611 Ext. 251, 254

PRESS CONTACT:
Marketing & Communications of VNU Asia Pacific, Email: communications@vnuasiapacific.com
Tel. +662 1116611 Ext. 330 or 335, Website: https://byondmobile.asia or www.vnuasiapacific.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Showa Denko Announces 2022 2Q Consolidated Financial Results

TOKYO, Aug 4, 2022 – (ACN Newswire) – Showa Denko K.K. (SDK; TSE:4004) today announced its 2022 2Q consolidated financial results.

2022 Second Quarter Consolidated Financial Statements and summary
https://www.sdk.co.jp/assets/files/english/ir/library/fss2022-2q.pdf

2022 Second Quarter Financial Results: Presentation Material
https://www.sdk.co.jp/assets/files/english/ir/library/pdf_presentation/results2022-2q.pdf

Showa Denko Decides on Absorption-type Merger & Company Split, Trade Name Change, and Partial Amendment to Articles of Incorporation to Prepare for Its Transformation into Holding Company Structure
https://www.sdk.co.jp/assets/files/english/news/2022/20220804_sdknewsrelease3_e.pdf

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, visit www.sdk.co.jp/english/.

Media contact:
Showa Denko K.K., IR Office, Finance & Accounting Department, Tel: 81-3-5470-3323

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Zhaoke Ophthalmology Completed Patient Enrollments for the Phase III Clinical Trials of the Myopia Progression Treatment Drug NVK002

HONG KONG, Aug 3, 2022 – (ACN Newswire) – Zhaoke Ophthalmology Limited ("Zhaoke Ophthalmology" or "the Company", SEHK: 6622), a leading ophthalmic pharmaceutical company dedicated to the research and development, manufacturing and commercialization of treatments that address significant unmet medical needs, is excited to announce that the patient enrollments for the two-year Phase III clinical trial ("China CHAMP") and the concurrent one-year Phase III bridging clinical trial ("Mini-CHAMP") of one of the Company's core products, NVK002, were completed on 21 July 2022 and 28 July 2022 respectively significantly ahead of schedule.

The primary objective of the China CHAMP and Mini-CHAMP trials is to evaluate the efficacy and safety of NVK002 for the treatment of myopia progression in children and adolescents.

— China CHAMP
Led by Principal Investigator Professor Wang Ning Li from Beijing Tongren Hospital , the China CHAMP trial involves 19 centers. Enrolment of 777 patients has been completed in less than four months, two months ahead of schedule.

— Mini-CHAMP
Co-led by Principal Investigators Professor Qu Xiao Mei from the Eye and ENT Hospital of Fudan University and Professor Yang Xiao from Zhongshan Ophthalmic Center, Sun Yat-Sen University , the Mini-CHAMP trial involves 18 centers and the enrolment of 526 patients has been completed in less than three months, three months ahead of schedule.

These early completions of patient recruitment across both trials, gives the company a strong headstart in moving towards its goal to lead the market in launching a myopia progression treatment drug.

In the United States and Europe, the Company's partner, Vyluma Inc., has been conducting a parallel Phase III clinical trial "CHAMP", with three years of NVK002 treatment, and the trial is expected to complete in 2022. Following this, a New Drug Application ("NDA") submission to the US Food and Drug Administration (the "FDA") is expected in 2023. NVK002 is currently thought to be the most likely first clinically-proven and approved pharmaceutical product for treating the progression of myopia in the world.

Dr. Li Xiaoyi (Benjamin), Chairman of the Board of Directors, Executive Director and CEO of Zhaoke Ophthalmology, said, "The early completion of the patient recruitment of NVK002's Phase III clinical trials marks another huge and exciting milestone for Zhaoke Ophthalmology. Both China CHAMP and Mini-CHAMP trials completed the recruitment significantly ahead of schedule. I would like to express my sincere gratitude to all members of our clinical operation team, who continue to demonstrate superb clinical operations capability and expertise in the ophthalmology area. Our early completion of recruitment also clearly shows the immense demand and need for a safe and efficacious treatment for myopia progression control in China. Thanks to this achievement, Zhaoke Ophthalmology is hoping to commercialize NVK002 as the one of the first low-dose atropine treatments for myopia progression in China, in order to meeting this huge unmet need in the country, as well as in South Korea and parts of Southeast Asia."

About NVK002
NVK002 is an investigational novel topical ophthalmic solution to treat myopia progression in children and adolescents. The drug has a proprietary formulation that successfully addresses the instability of low concentration atropine and has a technology that has intellectual property protection globally. It is preservative-free with an expected shelf life of over 24 months. According to China Insights Consultancy ("CIC"), NVK002 is currently one of the most advanced atropine drug candidates globally for myopia progression control, and targets the broadest patient group, covering children and adolescents aged from three to 17 years old.

The clinical development of NVK002 involves two different concentrations of atropine to allow flexibility in achieving maximal efficacy and minimal adverse effects for tailoring to the needs of individual patients.

About myopia progression control
Myopia has become a major social issue that plagues the growth of children and adolescents in China. In the "14th Five-Year National Health Plan" issued by the State Council of the Chinese government, clear instructions have been made for the prevention and treatment of myopia in children and adolescents, and strive to reduce the overall myopia rate among children and adolescents nationwide by more than 0.5% per year. The Ministry of Education also issued the "Proposal for Parents of Comprehensive Prevention and Control of Myopia in Children and Adolescents", calling on parents to pay attention to their children's eye health.

According to data from the World Health Organization ("WHO") and CIC, there are currently approximately 700 million myopia patients in China, 163 million of those are children and adolescents, who may be able to benefit from NVK002. Zhaoke Ophthalmology believes the potential commercialization of NVK002 will allow the Company to establish a leading position in meeting these huge unmet needs in China.

About the partnership
In October 2020, the Company entered into a license agreement, the NVK002 License Agreement, with Nevakar, which later transferred the agreement to its wholly-owned subsidiary, Vyluma, for an exclusive license to develop, manufacture, register, import, and commercialize NVK002 in Greater China, South Korea and certain countries in Southeast Asia (including Brunei, Burma, Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore Thailand and Vietnam). For details of the license agreement in relation to NVK002, please refer to "Business – Collaborations and License Agreements – License of NKV-002" of the Company prospectus dated April 16, 2021.

For further information about myopia in children, please feel free to listen to Episode 1 of our In Conversation with Zhaoke Podcast here. https://tinyurl.com/wut8fjzm

About Zhaoke Ophthalmology
Founded in 2017, Zhaoke Ophthalmology (SEHK: 6622) is a leading ophthalmic pharmaceutical company dedicated to the research and development, manufacturing and commercialization of therapies that address significant unmet medical needs in the world. The company was listed in the Main Board of the Hong Kong Stock Exchange on 29 April 2021.

Zhaoke Ophthalmology has a comprehensive drug portfolio of innovative and generic treatments covering six major eye diseases across both the front and back of the eye. Many of the drugs are being produced in its state-of-the-art and fully functional development and production facility in Nansha, Guangzhou.

Zhaoke Ophthalmology is focusing on advancing towards the goal of product commercialisation, and achieve the objective of improving visual health in China through scientific research as soon as possible.

Through its ambitious growth strategy, including partnering with domestic and international pharmaceutical companies, Zhaoke Ophthalmology's goal is to become a leader in ophthalmology in the world.

For more information, please visit: www.zkoph.com

About Vyluma, Inc.
Vyluma is a development-stage biopharmaceutical company with a focus on pharmaceutical treatments for refractive errors of the eye. Vyluma's pipeline of therapies is led by NVK002, an investigational, preservative-free, low-dose atropine eye drop to treat myopia progression in children. NVK002 is currently in late Phase III clinical development in the United States, Europe, and Asia.

Vyluma has a robust pipeline of other assets in various stages of development which address important unmet treatment needs of patients with refractive errors or eye pain.

Vyluma itself is a subsidiary of Nevakar Inc., a holding company whose subsidiaries are engaged in developing products for the ophthalmic and injectable markets. For additional information please visit www.vyluma.com.

Media Contact:
Artemis Associates
Diana Footitt, CEO
M: +852 9183 0667
E: diana.footitt@artemisassociates.com

Bowen Chui, Director
M: +852 9783 0643
E: bowen.chui@artemisassociates.com

Iris Pei, Director
M: +86 15000 465 016
E: iris.pei@artemisassociates.com


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Fraktiq Debuts its Flagship Project “Baoyue Vase NFT” *

HONG KONG, Aug 3, 2022 – (ACN Newswire) – Fraktiq, the world's first blockchain platform for fractionalized historical artifacts, is pleased to announce the debut of its flagship project and the offering details of the "Baoyue Vase NFT". To raise public awareness and appreciation of the artifact's cultural value, a VIP appreciation session of the "Blue and White Phoenix Vase" ("Baoyue Vase") was held on 26 and 27 July 2022 at Wanchai. Celebrities, professional investors and media representatives were invited to get a first glimpse of the true colors of the artifact made during the Yongle period of the Ming Dynasty, which is part of Fraktiq's effort in promoting the appreciation of the historical artworks, as well as the story and cultural heritage behind the masterpiece.

Fraktiq is co-founded by experts from art, finance and blockchain technology, dedicated to decentralize the art treasure market for collector's treasures items by using Non-Fungible Token ("NFT") technology, at the same time encouraging more digital collectors to manage and co-own the art piece together in the form of a Decentralized Autonomous Organization ("DAO") membership, so as to promote the historical backstories of the art treasures to the public while preserving Chinese culture.

"Hong Kong is the art hub of Asia, offering comprehensive valuation, auction, custodian and legal services, with an increasing number of individuals and professional investors participating in the field of historical and digital art, all these factors make Fraktiq the ideal ground to fulfill its mission.", said Louis Li, Co-founder of Fraktiq.

Fraktiq's first flagship project, "Baoyue Vase NFT", uses financial technology to lower the entry barrier of historical treasures collection. The "Baoyue Vase NFT" project offers the management rights of the Baoyue Vase in the form of 10,000 NFTs to the market. In which, 40% (4,000 pieces) of the NFTs will be available for professional investors from now until 18 August. During the public offering phase, starting from 19 August, 60% (6,000 pieces) of the NFTs will be available for the general public. Each NFT is priced at 1,050 USDC.

Randy, Co-founder of Fraktiq, said, "With reference to the auction price of a similar artifact of the Blue and White Phoenix Vase, that was sold at Sotheby's for over HK$100 million, the Baoyue Vase in this project is verified and valued at approximately HK$80 million by auction house. The Baoyue Vase NFT project is incorporated in the Marshall Islands as a DAO LLC, which provides legal protection to the project. In the future, we will register every artifact launched on the Fraktiq platform as a DAO LLC in the Marshall Islands to encourage participants to jointly manage and promote the cultural value of historical treasures."

To promote public awareness, the project team held a private appreciation session of the "Baoyue Vase" at Wanchai on 26 and 27 July, inviting celebrities and media representatives to have a first look at this historical masterpiece, which was made during the Yongle period of the Ming Dynasty. Mr. Louis Li said, "We believe that it is important to encourage more people to witness the unique charisma of the artifact in order to promote Chinese culture and art appreciation. Therefore, we shall arrange exhibitions in museums around the world. We are also donating 10% of the proceeds from the sale of the 'Baoyue Vase NFT' to charity, to support the promotion of historical art appreciation to the public and enable our next generation to better understand the splendor of history and culture."

*This information is intended for general purposes only and does not constitute any offer, solicitation or recommendation for any product

About Fraktiq
The world's first blockchain platform for fractionalized historical artifacts, Fraktiq provides a legally recognized and trusted way for the public to collectively own artifacts through blockchain technology. In doing so, it achieves two main missions:

Preserving precious artifacts for future generations

Artistic masterpieces record the history of humankind and highlight years of artistic achievement. They deserve to be cherished and protected.

Limited artifacts to meet infinite demand

The number of artworks with rich historical value is very limited. With the passage of time, they are prone to natural aging and thus, becoming increasingly rare. With blockchain technology, Fraktiq hopes to make rare artworks that exude artistic charisma and history last forever.

For more details, please refer to: https://fraktiq.art


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

OctaFX celebrates 11 years in the financial markets

KUALA LUMPUR, Aug 3, 2022 – (ACN Newswire) – OctaFX is celebrating its 11th anniversary! Here's what the broker achieved over the years and the core elements of the brand philosophy that helped it along the way. The global broker OctaFX is bigger than ever before – all thanks to the support of its clients. Below are the main achievements OctaFX has managed to accomplish over the past eleven years.



Those above are the numbers. But what is behind them? OctaFX shares the core elements of its philosophy and how they help the broker make the investment journeys of its clients as smooth as possible.

OctaFX is always online. The broker has already processed 8.8 million requests and dedicated approximately 96,800,000 minutes to resolving issues and answering the questions of its clients honestly and openly.

OctaFX is always looking for ways to improve, and therefore analyses all feedback carefully. Identifying the problems traders face when using its services or functionality they wish the broker had is what guides OctaFX's development. Apart from other significant changes, it managed to decrease the average verification process to around three minutes, with 85% of clients passing it on the first time.

Constant change in the financial world is what keeps OctaFX agile and ready to transform and develop at all times. This approach resulted in releasing its own mobile trading and copytrading apps, adding a variety of popular financial instruments ranging from cryptocurrencies to stock indices, and developing a copytrading platform with unique features for finding and copying professional traders.

Data is what OctaFX is driven by. The broker is constantly conducting research and analysis of itself, learning about the latest financial technologies – all to make sure it provides the clients not only with the best trading conditions, but also with the cutting edge technical solutions.

OctaFX is focused on the goals of its clients, and that is why it tries to eliminate all the obstacles limiting their trading experience and keeping them from realising the full potential of their diverse approaches. To help its clients boost their trading and allow for a more effective use of long-term strategies, the broker decided to remove swaps entirely this May.

To become yet closer to its clients, OctaFX decided to rebrand and adopt a fresh new look: with refined colours, space-inspired elements, and a new logo.

"All our achievements and transformations would be meaningless without our clients. It is our clients who drive our growth and allow us to always move forward. It is our clients who inspire us to be current, dynamic, innovative, confident. We thank all of them for choosing us as their broker," the OctaFX press office commented.

To mark its eleventh anniversary, OctaFX has made its usually below-the-market spreads the lowest in the industry on the MT4 and MT5 platforms. The broker has reduced the spreads by 20% on XAUUSD, EURUSD, GBPUSD, USDJPY, GBPJPY, USDCHF, XTIUSD, and US30, as well as by 25% on BTCUSD and ETHUSD.

About OctaFX

OctaFX is a global broker providing online trading services worldwide since 2011. It offers everything one needs to reach their investment goals, providing top-notch conditions utilised already by clients from over 150 countries worldwide. The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, supporting local communities and small to medium enterprises. On a side note, OctaFX has also won more than 45 awards since its foundation, including the 2021 'Best Forex Broker Asia' award from Global Banking & Finance Review and 2021 'Best ECN Broker' award by World Finance. www.octafx.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Twin HKTDC Hong Kong International Jewellery Shows and Simply Shopping Fest Conclude

HONG KONG, Aug 3, 2022 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 38th HKTDC Hong Kong International Jewellery Show, the 8th HKTDC Hong Kong International Diamond, Gem & Pearl Show and the inaugural Simply Shopping Fest have all concluded successfully. The three public shows attracted more than 80,000 visitors appreciating and purchasing fine jewellery pieces, in addition to buying gourmet food and wine and household items. The concurrent events featured livestreaming sessions hosted by key opinion leaders (KOLs), offering more opportunities for exhibitors to showcase their products as well as creating a more engaging experience – covering shopping, leisure and entertainment – for the general public. The broadcasts received an enthusiastic response.


Organised by the Hong Kong Trade Development Council (HKTDC), the 38th HKTDC Hong Kong International Jewellery Show and 8th HKTDC Hong Kong International Diamond, Gem & Pearl Show concluded successfully yesterday.

The two jewellery shows featured jewellery parades that showcased elegant and stylish pieces.

The smart jewellery bidding session was well received with visitors participating enthusiastically in bidding for their desired pieces.


HKTDC Acting Executive Director Sophia Chong said: "The two jewellery shows were open to the public this year, bringing local retail opportunities for exhibitors. We promoted an online-to-offline (O2O) shopping model through the KOL livestreaming sessions, with engaging sales techniques helping exhibitors to further promote their products. Following the encouraging feedback received, we will continue reinforcing cross-channel marketing to help exhibitors increase brand awareness, reach out to a wider customer base and grow their business."

Jewellery exhibitors acquiring new customers

J Ocean Pearl Jewellery Limited Director Jackie Leung and Marketing Director Lila Wong said their sales at the Jewellery Show were satisfactory, helped by using social media promotions to further extend their reach to new customer segments. "The KOL livestreaming session at our booth was an interesting way to interact with viewers, opening up new business opportunities and attracting more customers," they said.

Yvonne Pong, Director of Wing Hang South Sea Pearl Company Limited, shared that a new customer purchased a golden pearl necklace priced at more than HK$200,000. "Our sales have been encouraging. The shows attract many quality consumers with strong purchasing power," Ms Pong said.

Another exhibitor, Jignesh Donda, Director, Sheetal (Far East) Limited, said: "We showcased a variety of exquisite diamonds at the show, primarily focused on 0.30 to 0.50 carat diamonds, to cater to the preferences of local customers. The new Exhibition Centre MTR station makes it more convenient for exhibitors and visitors to get to the fairground. We've received a number of enquiries from customers and believe we will meet more new customers here."

Talented local jewellery designers gathered at the shows

As one of the highlight events this year, the 23rd Hong Kong Jewellery Design Competition continues to provide a platform for local talents to showcase their creative flair and to identify budding designers. The winning pieces were displayed at the twin jewellery shows.

The shows also provided a precious opportunity for young designers to interact with the public, while showcasing their creative talents and jewellery designs.

Fanny Yu, Group Project Director of Loupe, noted: "Loupe is a design incubation space founded by Chow Tai Fook Jewellery Group to nurture Hong Kong's young talents in jewellery-making and design. This is the first time we have participated in the Hong Kong International Jewellery Show. Around 20 young jewellery designers are with us here. Through this opportunity, they have acquired a deeper understanding of local consumers' needs. This will definitely help their career development."

The HKTDC surveyed more than 1,000 exhibitors and visitors during the twin jewellery shows. The results showed that the most popular purchases were diamond jewellery, followed by gemstone jewellery and jade jewellery. Close to 40% of surveyed visitors said they had spent at least HK$1,000 more at the fairs in anticipation of a new round of consumption vouchers by the government. Around 33% of visitors said they had spent more than HK$10,000 at the jewellery shows.

Food and health products top sellers at Simply Shopping Fest

The debut Simply Shopping Fest showed its effectiveness as a channel for exhibitors to sell products to the general public. HKTDC's survey conducted at Simply Shopping Fest reflected that gourmet food and wine were the most purchased types of product, followed by home and living goods and health and beauty items. Survey respondents said that product variety, product price and discount offers were the most attractive aspects of the shopping fair.

Gary Ching, Founder & Watchmaker, Anpassa Watch Company, Hong Kong said: "We are participating in the debut Simply Shopping Fest to let more people know about our local brand "Anpassa" along with our customised and personalised watchmaking service. We estimate that on-site sales will be around HK$100,000. Benefitting from the Government's Convention and Exhibition Industry Subsidy Scheme, SMEs (small and medium-sized enterprises) from different sectors are able to participate in this fair at discounted exhibition fees, bringing a greater variety of products to consumers."

Livestreaming generated more business opportunities for exhibitors

The HKTDC collaborated with livestreaming platforms to present multiple livestreaming sessions at the three events, helmed by KOLs who promoted exhibitors' products and interacted with the audience.

Exhibitor Kenneth Au, Co-founder and Director at Life Is For Excellence Limited, said: "The KOLs explain the features of our healthy foods to customers in an interactive and persuasive way. Customers buy our products via the livestreaming platform and pick them up at the fairground. This O2O shopping model has helped us increase our exposure, enrich our customers' experience and generate more sales turnover." Meanwhile, Jackel Lee, Owner of Nubiotic International (HK) Limited, said orders generated from the livestreaming sessions accounted for 10% of the company's turnover at the fair.

Numerous exciting events were held during the three fairs, including smart bidding sessions where shoppers bid on popular items starting at 10% of the retail price. Other well-received events organised at the jewellery shows include Jewellery Parade Series, Tahitian Pearl Stylish Bracelet Workshop and Handmade Rose Earrings Workshop as well as sharing sessions on "Diamond, Arts and Science" and "Making Unique Jewellery: The Tradition and Future of Craftsmanship".

At the Simply Shopping Fest, events such as the Hong Kong Tasting Trendies Sake Awards 2022, Cooking with Chef Kitty, Oppa's Cuisine – Food and Wine Pairing, Chinese calligraphy appreciation, Chinese medicine and ketogenic diet sharing sessions were popular among visitors.

Food Expo and three concurrent shows coming up in mid-August

Following on the heels of these three exhibitions, the HKTDC will organise a series of public fairs in the summer, including the Food Expo, Beauty & Wellness Expo and Home Delights Expo (all 11 to 15 August), and the Hong Kong International Tea Fair (11 to 13 August). These events will provide the public with a unique one-stop shopping experience, while helping companies expand their local retail market and provide a boost to Hong Kong's economy.

Websites
– Hong Kong International Jewellery Show: https://hkjewelleryshow.hktdc.com
– Hong Kong International Diamond, Gem and Pearl Show: https://hkdgp.hktdc.com
– Simply Shopping Fest: https://ssf.hktdc.com/en
– Photo download: https://bit.ly/3Q6NpbQ

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries:
Please contact HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Government Association Endorses Blockchain for Elections

Washington, D.C., Aug 3, 2022 – (ACN Newswire) – The 2020 US elections were a painful display of a breakdown in public trust. Declining trust in elections threatens democratic institutions all over the world, and it is imperative we restore it in our democratic institutions.

US Federal law requires that overseas, military, and disabled voters have access to remote voting. States permit the use of email, fax, or mail-in ballots. However, many of these methods used today lack the security required to maintain integrity of the election results. The most important aspect in restoring trust is to manage all ballots securely, whether paper or electronic.

Susan Eustice, Chair of the Government Blockchain Association (GBA) Voting Working Group has a lifetime of experience with elections. Her father invented the first mechanical voting machine, and she has been a researcher in the election and technology field for over 60 years. Eustice stated, “the same technologies banks use to move trillions of dollars each day can be made private and secure enough for elections by adding blockchain technology”.

However, there are two reasons why mobile devices and blockchain are typically not used for federal elections:

  • There is a concern that internet-connected systems cannot be made private and secure for elections.
  • The standard used by laboratories to certify election systems is called the Voluntary Voting System Guidelines (VVSG) published by the US Elections Assistance Commission (EAC). However, the VVSG prohibits election systems connected to the internet.

The GBA has released two reports to address these issues.

The work that the GBA has done and continues to do to support the use of blockchain technology, securing elections and public confidence in public institutions is paramount. For more information visit www.GBAglobla.org or contact gerard.dache@GBAglobal.org.



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com