OOWAY Group Seeks to Appoint New Board to Turn Around Kitchen Culture

SINGAPORE, Oct 12, 2022 – (ACN Newswire) – OOWAY Group Ltd, the single largest shareholder, together with 7 other shareholders[1] of Kitchen Culture Holdings Ltd. has on 30 September 2022 informed the Company's Board of the intention to convene an extraordinary general meeting of the Company (EGM) pursuant to Section 177 of the Companies Act[2].

The upcoming EGM seeks to remove 5 of the current Kitchen Culture's Board of Directors and appoint 5 new members to the Board. Reference SGXNET 30 Sep 2022: https://tinyurl.com/mr5pxncr

Reasons for Calling for EGM

OOWAY Group emphasises that without a change in the current Kitchen Culture board, the value of Kitchen Culture's 27.65% stake in OOWAY Technology Pte Ltd (which is its most valuable asset) would be unrealised and ultimately wasted.

OOWAY Group reiterates that the implementation of a long-term and viable business plan for OOWAY Technology is the only path available now for the resumption of trading in Kitchen Culture shares, and ultimately a share price that would reflect its fundamentals.

Mr Liu Yanlong, representative for OOWAY Group, said, "With OOWAY Group's existing and new business capabilities in Big Data Analytics and Artificial Intelligence, we were excited at the prospect of working closely with Kitchen Culture in line with their diversification strategy and OOWAY Group's expansion in the ASEAN region.

However, we have witnessed the gradual erosion of the Company's core values and business prospects and have reluctantly taken this step, in order to protect our interests and the interests of other minority shareholders. The current suspension of Kitchen Culture shares, is a definite concern of all shareholders of the Company.

We believe that replacing the current board with the proposed new Directors, who bring with them the necessary experience, expertise and energy to help reverse Kitchen Culture's present trajectory, is the only way forward."

Mr Liu, added: "The indisputable fact is this: OOWAY Technology is Kitchen Culture's most valuable asset. Since the time of the acquisition till the present, OOWAY Group has continued to forge new business, break new ground, and grow the company through massive investment in technological capabilities and talented individuals.

While we are greatly disappointed in what has transpired at Kitchen Culture, we still hold on to the belief that the Company can and will turn around once we have a new and highly capable management with integrity, transparency and vision in place and we will work hand-in-hand with them to ensure that Kitchen Culture become stronger than before."

EGM Agenda

At the upcoming EGM on a date yet to be confirmed, 2 main agenda items among others to be raised are:

1. Removal of the following 5 Directors at the EGM should they not voluntarily resign before 5pm on 14 October 2022:
a. Mr. Lau Kay Heng
b. Mr. Lim Wee Li
c. Mr. William Teo Choon Kow
d. Mr. Ang Lian Kiat and
e. Mr. Peter Lim King Soon

2. Appointment of the following individuals to the Board:
a. Mr James Beeland Rogers, Jr. to be appointed as a Non-Executive Director of the Company;
b. Mr Yip Kean Mun to be appointed as an Executive Director of the Company;
c. Mr Lam Kwong Fai to be appointed as an Independent Director of the Company;
d. Mr Tan Meng Shern to be appointed as an Independent Director of the Company; and
e. Mr Cheung Wai Man to be appointed as an Independent Director of the Company.

Background

Kitchen Culture had been suffering from recurring losses and negative operating cash flow from its core business as a kitchen solutions provider for 8 years at the time of the acquisition by OOWAY Group.

In August 2020, Kitchen Culture entered into a sale and purchase agreement and a shareholder's agreement with OOWAY Group to acquire a 30% equity stake in OOWAY Technology Pte. Ltd. at a purchase consideration of S$23.92 million to be satisfied by way of the allotment and issue of 90,000,000 new ordinary shares in the capital of Kitchen Culture at an issue price of S$0.2658 per ordinary share.

At the time of the acquisition in 2020, it was envisaged that the combination of the newly-raised funds and OOWAY Technology's cutting-edge technologies as well as extensive business networks and capabilities would ring in a new era of growth and profitability for Kitchen Culture.

The Relevant Shareholders have also informed the Kitchen Culture Board that prior to the conclusion of the EGM, the Company, including the current Directors of the Company, should not:

1. Take any action to effect any casual appointment of Director(s) or action that will affect the number of existing issued shares of the Company or carry out any corporate action that is dilutive in nature to the minority shareholders of the Company.
2. Carry out any transaction that would result in the divestment or acquisition of any business interest or asset for or on behalf of the Company.
3. Enter into any transaction committing or exposing the Company to any potential liability of a significant nature.

SGXNET References:
– 12 April 2022: General Announcement::UPDATE ON REVIEW BY BAKER TILLY CONSULTANCY (SINGAPORE) PTE. LTD. https://tinyurl.com/48fwfsfx
– 21 April 2022: General Announcement::ASSISTANCE IN THE REVIEW BY THE COMMERCIAL AFFAIRS DEPARTMENT https://tinyurl.com/2p8hfrdt

[1] "Relevant Shareholders" refers to OOWAY Group Ltd., Koh Cher Chow, Lin Xiao Long, Ling Chui Chui, Koh Ngin Joo, Lim Cheng Huat, Chew Yu Sheng and Soh Koon Eng.
[2] Section 177 Notice constituting a special notice under Section 152(2) read with Section 185 of the Companies Act 1967 of Singapore (the "Companies Act") of the intention of the Relevant Shareholders to convene an extraordinary general meeting of the Company (the "EGM") pursuant to Section 177 of the Companies Act.

About OOWAY Group Ltd.

OOWAY GROUP LTD. is a corporate entity registered with Accounting and Corporate Regulatory Authority which has a stake in OOWAY Technology Pte Ltd. OOWAY Group is an established big data, Artificial Intelligence (AI) and Blockchain technology provider of innovative solutions for the integration of cross-border trade. Its DIGIT platform (Digital Innovation of Global Integrated Trade) seamlessly integrates cross-border trade with all parties through all stages from initialization to conclusion. The use of AI enables the platform to collect and analyze data to recognize, predict and optimize the cross-border trade process for all parties involved. The use of Blockchain ensures transparency, traceability and immutability, and automatic updating of all documents in the cross-border trade process. www.ooway.com

Issued by OOWAY Group Ltd.

Media Contact:
Email: query@oowayasia.com

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

Future of Money Governance & the Law New Podcast Host

Washington, DC, Oct 11, 2022 – (ACN Newswire) – The Government Blockchain Association (GBA) announces that Ms. Jacqueline Cooper has been named the new host for 'The Future of Money Governance & the Law' podcast.

Ms. Cooper's background is a Who's Who of success, therefore, GBA has decided to interview her.

GBA: What news or secrets are you hoping to uncover with this podcast?
JC: Our blockchain community is huge, and GBA has a diverse membership. I hope those being interviewed will share behind-the-scenes knowledge of upcoming trends in the technology, legislation, and use applications.

GBA: What are some of the biggest challenges facing the adoption of blockchain right now?
JC: Ignorance is one of the biggest challenges facing blockchain adoption. That, and media feeding the glamour and celebrity hype. Additionally, there are differing philosophies of decentralized versus centralized, challenging the economic structure within the global community of financial markets.

GBA: Where do you predict blockchain is headed?
JC: Blockchain is a tool that will be integrated into document collection, identity protection, finances, healthcare, and more. The friction experienced in cross communication between different blockchains will be resolved. Just like cars traveling from one highway to another, we will be able to transfer information across blockchain platforms around the world with privacy and speed.

GBA: Who would you most like to interview and why?
JC: GBA members that are blockchain notables, and "thought leaders," as well as individuals who don't believe they are making an impact but truly are. Also, individuals from different countries, to discuss how blockchain is benefiting their citizens. Finally, I would love to interview Governors, Mayors, and legislators to discuss how blockchain can support elections, commerce, and careers.

GBA: How will blockchain tech impact the common citizen?
JC: In finances, health, education, art, music, and commerce, the common citizen will enjoy the developments created by blockchain. I am excited to be part of this journey and sharing the story as it develops.

Be sure to catch Jacqueline on GBA's 'The Future of Money, Governance, & the Law' https://gbaglobal.org/podcast expose how blockchain is disrupting the world through technology.

The Government Blockchain Association (GBA), www.gbablobal.org is a non-profit, business-league organization, helping the public and private sectors connect, communicate, and collaborate over everything blockchain.

To book a complimentary blockchain consultation with Ms. Cooper, Email cryptomom2consulting@gmail.com.

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

Let’s Roll! Dallas Startup is Revolutionizing the Music Industry

DALLAS, TX, Oct 11, 2022 – (ACN Newswire) – Rock 'n roll may be dead, but the music business is still projected to grow to $142 billion by 2030 globally, according to Goldman Sachs. Despite this growth the average musician is consistently being squeezed by the big players and not earning their fair share of the value of the art they have created. Community Musician — originally a "Craig's List" for musicians — has developed a plan and formed a team to disrupt this unbalanced monopolistic system, all while ensuring that the musicians they work with are properly compensated for their talents.

Scott Arey, the CEO of Community Musician who is also the front man and songwriter for his latest band The Lost Cavaliers of Mercy, understands the struggles of the average musician in the cutthroat industry. As a young musician, Arey signed with Warner Music and began touring as a warm-up act for the Indigo Girls, but he quickly discovered he couldn't make enough money to pay his bills.

"I would max out my credit cards just trying to pay the expenses of putting together a few cities' tour, never mind trying to pay the band," Arey reminisces.

Partly due to the economic hardships he faced as a musician, Arey decided to pivot to a business career. After graduating from Stanford University, he began his career with KPMG and soon joined Bank of America where he worked for ten years, eventually becoming CFO of the Commercial Banking Division and then CFO of BofA's International Trade Bank. He then led a series of successful start-ups to growth and investor exits, such as Journey, Alsbridge, Gearbox and even a publicly traded microcap company he got NASDAQ to agree to list on their exchange.

Whether or not Arey has the ability to lead Community Musician in a way that forever alters the landscape of the music industry could be a billion-dollar question. Just before his current run of with Community Musician, Arey took a company valued at $66 million when he joined to a $1.3 billion exit in less than three years. Arey won't be alone leading the company, as he is partnering with Community Musician President Derek Toone who has also driven hundreds of millions of dollars in shareholder value — most recently at Automation Anywhere, which in 2018 had the highest Series A valuation at $1.8 billion in Silicon Valley history.

Arey believes that he has the resources and the personnel to take Community Musician to the next level.

"Derek Toone and I have individually and collectively applied sound business practices to the enterprises we've made successful, enterprises that frankly, were resistant to doing so. We are uniting musicians in common cause to pool resources and apply those resources wisely and effectively to meet the challenges all musicians face," says Arey.

While the road ahead will be a long one, Community Musician plans the start of its journey with an acquisition of Puddletown Rehearsal Studios based in Portland, Oregon, which currently has 8 buildings and 350 rooms serving a community of over 8,000 local musicians. Community Musician plans to further develop its already successful app for musicians and its patented Collectible Music Card which uses the same NFC chip that trigger high fidelity (i.e., lossless vinyl quality) recordings to play on any smartphone, with just a tap.

Nic Yannariello, who toured with bands like Tool, Filter and Rage Against the Machine, created Puddletown after he built and sold the now-iconic venue the Hawthorne Theatre. Yannariello has joined Community Musician as SVP of Operations and will run the nationwide music rehearsal studio business.

"If you're a serious musician, you either have a rehearsal space, you're sharing with someone, or trying to get off the waiting list for a space," Yannariello said. "Either way it all starts with rehearsal."

Yannariello is chopping at the bit. "You wanna rock? Then let's roll, we've got tools, we've got the talent, jump in, the water's just fine."

Web: https://communitymusician.com/
Apple App Store: https://apps.apple.com/us/app/community-musician/id1584215306
Google Play Store: https://play.google.com/store/apps/details?id=com.cm.commuscian
Source: Plato Data Intelligence: https://platodata.io

Contact Info:
Name: Bryan Feinberg
E-mail: zephyr@platodata.io
Organization: Plato Data Intelligence
Address: 144 E44th St, New York, New York 10017, United States
Website: https://Platodata.io

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

ClinicalSquared Partners with Solve.Care to Create Web3 Health Networks on the Blockchain

Washington, D.C., Oct 11, 2022 – (ACN Newswire) – Solve.Care (https://solve.care/), a healthcare platform company that leverages blockchain to deliver better care and ClinicalSquared (www.clinicalsquared.com), a multi-disciplinary technology consulting company specializing in custom software development, today announced that they have joined forces to create Web3 health networks on the Solve.Care Platform. The announcement was made at the Blockchain & Infrastructure Conference held at the National Press Club in Washington DC, and organized by the Government Blockchain Association.

The decentralized Care.Platform from Solve.Care allows for the quick creation and deployment of interoperable health networks. Governments, businesses and even individuals can author their own networks using the Care.Labs low-code development portal.

Digital health networks on the Care.Platform are known as Care.Networks. Data in Care.Networks are stored on decentralized nodes, where all interactions and transactions are automatically tokenized. They can be authored without the need for any Web3 or blockchain knowledge. Care.Network owners can also opt to outsource the authoring of their Care.Networks to any third party or utilize ClinicalSquared, having been appointed as the official authoring agent of Care.Platform.

Pradeep Goel, CEO of Solve.Care said, "Having ClinicalSquared on board, enables for our clients to have their Care.Networks rolled out to the market at an even quicker timeframe. While our clients are in the best position to know when they want from their Care.Networks, they may not always have the capacity to author them. It is about giving our clients options that best serve their interests."

Marquis Allen, CEO of ClinicalSquared said, "We are excited to partner with the Solve.Care team, leveraging our skills, technical resources, and formidable experience in the healthcare IT sector to accelerate the development of blockchain-featured healthcare solutions. We welcome the opportunity to serve."

Both ClinicalSquared and Solve.Care are members of the Government Blockchain Association (GBA) (https://gbaglobal.org/). The GBA is an association that connects people and organizations with blockchain technology-based solutions to problems typically faced by government entities.

Source: Platodata Intelligence https://platodata.io

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

1,450+ Organisation Identified in the UAE Web3 Space as per the Crypto Oasis Ecosystem Report 2022

DUBAI, Oct 10, 2022 – (ACN Newswire) – Crypto Oasis, the fastest growing Web3 ecosystem in the world, announced that it had identified more than 1,450 active Web3 organisations in the UAE at the end Q3 2022. The research also identified more than 7,000 individuals working in the industry.

The organisations that are active in the Blockchain space are broken down into native and non-native according to their dependency on this emerging technology. native organisations which only exist because of this technology account for 65 percent of the total number identified and non-native organisations are at 35 percent. Dubai Multi Commodities Centre(DMCC) has registered more than 460 native organisations which is more than 50% of all native Blockchain organisations in Dubai.

Out of the 7,000+ individuals working in the Web3 industry, approximately 77 percent work in Blockchain native organisations and 23 percent work in non-native organisations.

The Crypto Oasis Ecosystem Report is a periodic report which is now on its inaugural edition and was created in partnership with Roland Berger, one of the first top-tier strategy consulting firms to have entered the world of Blockchain and is steering their global Crypto Economy advisory out of the UAE. The Report focuses on market development and emerging technologies such as Crypto, Blockchain, Metaverse and Web3. It establishes the first quantitative and qualitative ecosystem study of the Crypto Oasis Ecosystem and identifies its various stakeholders. It includes, a deepdive into the opportunity that Web3 represents for the region, has exclusive content such as the insights on one the largest greenfield mining sites in the world being carried out by Phoenix in Abu Dhabi, as well as survey results by Roland Berger, that assesses the state of the global Crypto Economy for which they collected insights from over 150 C-level executives and innovators across 10 industries. "We strongly believe in the transition towards a crypto economy and see this reflected in the top C-Level executive agendas. The UAE is accelerating its global position as a Crypto and Web3 hub, also thanks to prime ecosystem developers like Crypto Oasis," says Pierre Samaties, Partner and global co-head of the firm's Crypto economy team.

The UAE is uniquely positioned to play a leading role in the global innovation economy. The growth of the Crypto Oasis Ecosystem will continue in the coming months as we can already witness how regulators in the region are welcoming innovation and disruption, making it simpler for Blockchain-related companies to secure licenses and operate. Ralf Glabischnig, Founder of the Crypto Oasis said, "We are pleased to see the UAE supporting forward-thinking organisations such as startups, service providers, investors, as well as science and research institutions in the Web3 space. We also have industry leading stakeholders like ADGM, DIFC, DMCC, Simmons and Simmons, State Street featured in our report which will provide the audience with a deeper insight into industry trends as well as educate and inform the reader of this ever growing and evolving ecosystem. Through the report, you are provided with a snapshot of the Ecosystem, which will help set the baseline from which growth can be identified in the following years as the Crypto Oasis becomes a centre of Blockchain excellence."

Crypto Oasis catalyses the growth of organisations in the Crypto space and brings together Investors, Start-ups, Corporates, Researchers, Service Provider, and Government entities. It aims to advance the digital economy in the Middle East and bring distributed ledger technologies to the mainstream. Faisal Zaidi, Co-founder and CMO of the Crypto Oasis stated, "Our role is to curate the Crypto Oasis Ecosystem and our goal is to bring all stakeholders together on one playing field to assert the region as the leading global player in Web3."

He added, "The Crypto Oasis Directory and the parallely launched report, are tools that we have developed and created inhouse and published, in order to create transparency and awareness of this emerging region."

The report also contains insightful thought leadership articles from major players in the industry like 4ARTechnologies, Pulse, Ripple, Securrency, Singularity DAO, TDEFI, Tokengate, Virtua to name a few.

Report Link: https://cryptooasis.ae/ecosystem-report-2022/
Directory Link: https://cryptooasis.ae/directory/

About Crypto Oasis

The Crypto Oasis is a Middle East focused Blockchain Ecosystem supported by initiators of Crypto Valley Switzerland. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing, with more than 1,450 organisations identified in the UAE alone. www.cryptooasis.ae

About Roland Berger

Roland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by our partners, we operate 51 offices in all major markets. Our 2,700 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by our values of entrepreneurship, excellence and empathy, we at Roland Berger are convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, we provide the best expertise to meet the profound challenges of today and tomorrow. www.rolandberger.com

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

NACOS Partners with Domineum Blockchain Solutions to Train 100,000+ Nigerian Computing Students

LAGOS, NG, Oct 9, 2022 – (ACN Newswire) – NACOS has partnered with Domineum Blockchain Solutions to train 100,000+ Nigerian computing students on disruptive and emerging technologies.

The Nigeria Association of Computing Students (NACOS), the umbrella body for students studying Computer Science, Computer Engineering, Information Systems, Software Engineering, Telecommunications Engineering, Cyber Security, and all other IT-related disciplines in all Higher Institutions of learning in Nigeria, and Domineum BlockChain Solutions, a Distributed Ledger Technology Company providing Blockchain-as-a-service solutions, with Headquarters in London, U.K., will develop and train 100,000+ Nigeria Computing Students in emerging and disruptive technologies.

Announcing the national initiative at a press conference on Friday, 7 October, NACOS National President, Comr. Chihurumnanya Nwanevu GCCS, said, "The 23rd NACOS National Executive Council's primary mission is to empower computing students in Nigeria with adequate IT skills, as they will go on solve real-life problems with technology and add technological value to every sector of Nigeria's economy."

Chief Executive Officer of Domineum Blockchain Solutions, Mr. Geoffrey Weli-Wosu, said "The NACOS / DOMINEUM partnership is a strategic collaboration that will bring a significant change to all students studying computer-related courses in tertiary institutions across Nigeria. Youths hold the future of IT in Nigeria, and it is paramount that they should be invested in and supported with the necessary resources, connections and opportunities to excel."

NACOS is focused on equipping Nigerian youths with the digital literacy and necessary skills to further facilitate Nigeria's transition to a digital economy. As an association with Local Chapters across Nigeria's 36 States, NACOS hopes to train more students in the rural areas to achieve a digital literacy, prioritizing technology and innovation as globally developed countries do, ultimately leading the country to prosperity.

NACOS and Domineum call upon ICT Stakeholders to support organizing innovative skill acquisition programs that will empower Nigerian youths to become world-class ICT personnel.

Nigeria Association of Computing Students (NACOS)
Domineum Blockchain Solutions
https://nacos.org.ng, https://domineum.io

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

It’s in The Cards: NFCs and the Future of Music

DALLAS, TX, Oct 8, 2022 – (ACN Newswire) – Community Musician announces the release of the Community Music Card. The Collectible Music Card is a newly created patented product that claims to revolutionize how music will be produced by artists and consumed by audiences around the world. Developed by Community Musician, the Collectible Music Card holds the song or album until it is successfully uploaded onto one's mobile device. Essentially, it is acting as the modern CD, with an added bonus that the design is similar to that of a trading card and is purchased in the same manner as a gift card.

Music fans can buy Collectible Music Cards after their favorite artists' shows with the band's other merch. The card enables fans to enjoy and display the collectible artwork of the band and the convenience of "tap to play" on their phone. Tapping the card on the phone also adds the song to the fan's "private" library in the Community Musician App so fans don't have to carry the card to listen to songs if they don't want to. "Tap 'N Play" does this using the NFC (near field communication) chip embedded in each card. The NFC reader is already built into every smartphone. Scott Arey, the CEO of Community Musician, quickly developed the technology to adapt the NFC chips used in debit and credit cards to play music on the phone.

Importantly, fans know that they're supporting the artists they love who keep the vast bulk of the profit since the transaction occurs outside the app stores, which is positive for both the musicians and the fans.

"We're going to make it possible for everyday musicians today to do something I never could, to make enough money so they don't have to work full time while trying to be an artist," Arey said. "We'll do this by giving them a product they can sell directly to their fans, like CD's and vinyl, that still has all the convenience of music on the phone."

Scott Arey knows from where he speaks. As a young musician, Arey signed with Warner Music and began touring as a warm-up act for the Indigo Girls, but he quickly discovered he couldn't make enough money to pay his bills. Nothing has changed in the last 30 years. If anything, it's gotten even harder for musicians to earn a living wage.

Arey plans to gain early adoption for the cards at the grass roots level by having Community Musician provide music rehearsal spaces to independent artists and providing them cards to sell to their fans before scaling to record stores in partnership with speaker companies. Once enough critical mass is achieved, Community Musician will leverage the existing infrastructure and distribution relationships to sell the cards in big box retailers in 50+ countries around the world.As this product emerges, Arey and his team plan on teaming up with speaker companies so users can "tap and play" on wireless speakers that are ubiquitous in dorm rooms, homes and businesses today.

The cards are seen as combining the best of CDs and large music streaming platforms like Spotify and Apple Music, and with them, powered by new artists with new music, Community Musician hopes that its Collectible Music Card can carve a substantial corner in the roughly $60 billion music industry.

"One of the things we've all lost as fans is the ability to share, trade and sell music to each other face to face like we did in the heyday of LPs and CDs. With our tech we can have it all . . . the physical face to face sharing and the convenience of a million songs in your pocket," Arey noted. "The best part is when you buy music on our cards you're really putting cash in the hands of local artists that badly need your support. This is a revolution that's going to happen, because for new music to survive, it must."

Web: https://communitymusician.com/
Apple App Store: https://apps.apple.com/us/app/community-musician/id1584215306
Google Play Store: https://play.google.com/store/apps/details?id=com.cm.commuscian
Source: Plato Data Intelligence: https://platodata.io

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

MContent Appoints Brandon Fong as the new Chief of Streaming for its Global Content Business

DUBAI, UAE, Oct 6, 2022 – (ACN Newswire) – MContent, the world's first fully decentralized content ecosystem is pleased to announce the appointment of Brandon Fong as their new chief of streaming business. The hiring of the well-respected industry veteran shows the commitment of the MContent board to strengthen its streaming business ambitions and commitment to its community and stakeholders as the company moves towards a rebranding and relaunch of its content platform.

Brandon Fong

As part of his new role, Fong will oversee MContent's consumer facing streaming platform with responsibility for all revenue growth, marketing operations, product development, and user acquisition initiatives. He will also lead new business development and strategic partnerships that integrate MContent's suite of web3 assets across SVOD, AVOD, FAST and transactional marketplaces.

"I am thrilled to join MContent and work with the talented leadership team to create unique streaming experiences for their consumers, content partners and advertisers. MContent's slate of high-quality content, engaged user community and dynamic, blockchain enabled rewards platform provide a strong foundation for continued success and growth," said Brandon Fong.

In his previous roles, Fong was Senior Vice President at Curiosity Stream and has held senior leadership positions at STX Entertainment, Time Inc., Starz Entertainment and AOL. He has executed content partnerships with FuboTV, Yahoo, Chicken Soup for the Soul, Snap and LG while driving strategic relationships with Facebook, Amazon and Jukin Media. He holds a bachelor's

He holds a bachelor's degree from Cornell University and an MBA from the University of North Carolina – Chapel Hill.

"Given Brandon's impressive track record as a transformative business leader and his strong relationships in the global content and streaming business, as well as his drive to create resilient teams and culture, I am confident that he will build on MContent's incredible success story and lead the business to new levels of sustainable and accelerated growth across the world for our customers, stakeholders & investors," said Umair Masoom, Founder & Managing Partner MContent.

For further information contact:

David Hein
INACTA Communications
David.hein@inacta.com / David@cryptooasis.ae
0585876888

Tariq Jaser
Digital Marketing Manager
MContent
tariqj@mcontent.net
+971585261290

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

MRHB and Gold & Silver Standard (GSS) Partner to Expand Halal DeFi Offerings with Tokenized Precious Metals

MELBOURNE, Oct 5, 2022 – (ACN Newswire) – MRHB.Network, a halal decentralized finance ecosystem, partners Ainslie Wealth’s Gold & Silver Standard (GSS), a leading Australian bullion trader since 1974, and will be listing the GSS gold standard ($AUS) and silver standard ($AGS) tokens in MRHB’s Sahal wallet.

The partnership with Gold & Silver Standard will provide to MRHB’s ethical community a new halal offering – gold & silver tokens with $AUD and $AGS to $USDC/USDT pairings made available on TijarX, the upcoming commodities DEX integrated in MRHB’s Sahal Wallet, which will be launched in late September.

“MRHB is very proud to be partnering with Gold & Silver Standard from Ainslie Wealth,” says MRHB CEO Naquib Mohammed. “Gold and silver bullion-backed stablecoins will be a great addition to our DeFi offerings. In these times of ‘crypto winter’ and global recession, when people are finding ways to protect their wealth from volatile markets and inflation, gold and silver are supposedly the safest hedge against the situation, and have been a stable form of storing wealth since 1500 BC.”

Naquib adds, “We are more than confident that the partnership will be welcomed by our investors and ethics concerned community, as the volatility of the crypto market is one of the main reasons keeping potential new entrants out of the ecosystem. Due to the benefits of tokenization and borderless trade possible on the TijarX DEX, investors will be able to buy the cheapest gold and silver in the world, even in small amounts.”

For Ainslie Wealth, parent company of Australia-based bullion dealer Ainslie Bullion, this means that their gold and silver bullion-backed tokens will now be made much more easily accessible to not only the Islamic Finance investment community but the wider crypto and Web3 community.

“We are excited to bring our gold and silver standard stablecoins to previously excluded communities through our partnership with MRHB DeFi,” comments Paul Engeman, Director of Gold & Silver Standard, Brisbane, Australia. “We are confident that Ainslie Wealth’s Australia-based vault provides one of the safest places in the world to store bullion and safeguard token value. Bullion-backed cryptocurrency has been growing in popularity worldwide, and we look forward to cementing our goal of being the #goldsilverstandard of the metaverse.”

Stablecoins are known to be secure investments against the generally volatile backdrop of the cryptocurrency markets. A research report by the Social Science Research Network found gold-backed stablecoins to be less volatile than Bitcoin. Indeed, data from Arcane Research shows that gold-backed tokens have seen massive growth in 2022 with a market cap that has surpassed USD1 Billion.

The gold and silver standard tokens will be made available in AUS-USDC/USDT and AGS-USDC/USDT pairings, allowing all MRHB users to safely make gold and silver investments using US dollar-backed stablecoins. Each AUS and AGS token is linked to exactly one gram of gold or silver bullion, present physically in the Ainslie Vaults of Melbourne and Brisbane, and audited quarterly by Australia’s leading auditing firm.

In early September this year, the MRHB Team visited the HQ of Ainslie in Brisbane to personally ensure the technical and physical infrastructure of GSS.

“Gold and Silver Standard outperforms its competitors, making it the ideal choice for investing in real gold and silver. They are fully redeemable for metal, independently audited, fully allocated with direct legal ownership, available to trade 24/7 and brought to you by a nearly 50-year-old bullion dealer, independent of government and financial institutions and domiciled in geopolitically safe Australia,” said Engeman.

As part of the partnership, MRHB and GSS will be creating multiple Gold & Silver backed crypto offerings in a 3-year roadmap.

Aimed at onboarding the USD 3 trillion Islamic Finance sector into cryptocurrency investing, MRHB DeFi’s Sahal Wallet ensures that all listed tokens in the wallet are halal, and needs to have gone through a rigorous screening process.

About MRHB.Network

MRHB.Network is a halal, decentralised finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

About Ainslie Wealth

Ainslie Wealth, parent company of Ainslie Bullion, is Australia’s oldest bullion company. Founded in 1974, Ainslie Wealth has since grown to become the nation’s leading bullion trader. In 2019, they launched their gold standard and silver standard cryptocurrency tokens, allowing investors to purchase gold and silver bullion-backed tokens 24/7 with the confidence of knowing their investments are safely locked up in a secure vault run by an established dealer in a geopolitically safe country.

The Gold and Silver Standard: https://goldsilverstandard.com

MRHB.Network Official Channels
Website: https://mrhb.network
Twitter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/c/MarhabaDeFi
Medium: https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Discord: https://discord.com/invite/DubSjKmkBX
Facebook: https://www.facebook.com/MRHBDeFi
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR
Telegram (Persian): https://t.me/mrhbdefi_persian
Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi
SouqNFT Marketplace: https://souq.mrhb.network

Media Contact:
cecilia@marhabadefi.com
dean@yourPRstrategist.com
pr@yourPRstrategist.com

Blockchain on the Beach Barbados to launch Krypto for Kids Caribbean at the University of West Indies Barbados

Bridgetown, Barbados, Oct 5, 2022 – (ACN Newswire) – Blockchain on the Beach, an educational gathering exploring blockchain technology, is partnering with the University of the West Indies at Cave Hill, Bermuda’s Ministry of Economy and Labour, Sandy Lane Trust, and Thirty Global LiveStream Partners including the Branson Centre of Entrepreneurship to launch Krypto for Kids Caribbean October 8 in an oceanside conference geared toward young people and highlighting financial literacy and emerging technologies.

The event will also feature the launch of the SHEQONOMI Global Blockchain Scholars Program. SHEQONOMI, a global multi-platform podcast listening app built by women powered by girls, is the main producer of Blockchain on the Beach Barbados and Krypto For Kids Caribbean. This week, they will be selecting 50 young leaders from secondary schools across Barbados and various departments across UWI to join our in-person event along with many more curious minds joining virtually. Live attendees will be joined via livestream to schools across Barbados, Bermuda, Antigua, Barbuda, Trinidad and Tobago, Iceland, Jamaica, Puerto Rico, the United States and other participating nations to learn about cryptocurrency, blockchain mining, art and music NFTs, and more. To join in person or LIVESTREAM: PLEASE REGISTER

The full-day invitation-only program will welcome 100 attendees in person and is encouraging interested parents, teachers, those curious about blockchain to participate in Barbados. Anyone interested is also invited to join the event virtually. Global partners include Jaime Leverton from HUT8 Mining, Sanjeev Birari from Realto Group, Aaron Hunte from RAMI Global, Maxim Sindall from Altura, Danish Choudhary from FMFW, Coral Wells from ConnecTech Coding, along with local MetaVerse and NFT experts from Barbados including Zoe Osbourne, Xavier Jhon-Claire, and Haleek. Shontelle Layne, SHEQONOMI Barbados and Krypto for Kids Caribbean Co-Chair will be sharing her expertise with Music NFTs and a new initiative we will be announcing in collaboration with the National Cultural Foundation Barbados.

“May this be the beginning of greater connectivity and collaboration from brilliant minds across oceans where we will have new leaders driving the new economic narrative of racial and economic justice,” said SHEQONOMI and Krypto for Kids Founder Anu Bhardwaj.

Speakers from the Caribbean, the United States, Canada, and across Latin America will join the event to share their expertise on blockchain, cryptocurrency, and Web3 and share the emerging technology with a new generation of digital leaders. For more information and to register, nominate a Scholar or attend for free via LIVESTREAM, Please visit www.blockchainonthebeach.com.

About SHEQONOMI

SHEQONOMI is the world’s first podcast listening app on Android, iOS, KaiOS, and Reliance Jio built by women on low-cost mobile devices and powered by girls targeting the bottom billion. Through live, livestream, and hybrid events such as Amplifying Her Voice, Blockchain on the Beach, and Krypto for Kids; we bring the world closer to both financial inclusion and financial literacy. Started on February 2, 2021 during the COVID-19 pandemic with generous support from the Islamic Development Bank, Reliance Jio, KaiOS, the Bermuda Economic Development Corporation, other leading global nonprofits, and multinational corporations; SHEQONOMI is in an enviable position to shape global discourse and work with the best and brightest minds who will be guiding and shaping the new digital economy.

About Krypto for Kids Caribbean

Participation will be free of charge for those selected candidates that demonstrate the highest promise and potential. We will be livestreaming our event for all who wish to participate virtually so no child is left behind; adults who wish to learn are also welcome to join. Recorded sessions will be available once the event has concluded.

This will be the first time Krypto for Kids has gathered since our official launch in November 2018 in Laguna Beach, California; our debut at the United Nations at the Blockchain for Impact Summit in June 2019; and the World Economic Summit in January 2020. We will be expanding our reach in Bermuda and Miami this fall and plan to present again at the World Economic Forum in January 2023.