AYA and Blockpass Collaborate to Ensure Compliance and Security in a Green Tech Future

HONG KONG, Mar 6, 2024 – (ACN Newswire) – Blockpass is excited to announce a partnership with AYA, a regulated UAE-based fundraising platform focused on the intersection of blockchain and sustainability. Concerned with facilitating innovative solutions which encourage a greener future, AYA mentors and cultivates projects which combine the borderless, transparent nature of blockchain to further the goal of sustainablility and achieving the SDGs.

This partnership will see Blockpass strengthening AYA’s compliance procedures and providing: risk assessment and risk classification of onboarding customers, customized forms based on the customer’s and regulator’s requirements, regular rigorous wallet compliance checks to protect user transactions, and evaluation of risks associated with wallets to ensure the absence of fraudulent and suspicious transactions. This will involve the gamut of Blockpass’ products, including KYC, KYB and AML solutions, the new Advanced KYC Bot™, ongoing monitoring, and Blockpass’ Unhosted Wallet KYC™.

Blockpass, known as “Web3’s OG Identity Verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

AYA is the Middle East and North Africa region’s first fully regulated Climate Finance Platform, regulated by Dubai’s Virtual Assets Regulatory Authority (VARA) in 2023. Built on blockchain technology, AYA focuses on helping climate tech projects raise capital from its community of investors, utilizing carbon and nature-based credits as assets. AYA will leverage its team’s experience from building and running Enjinstarter – an extensive crowdfunding platform focused on gaming, entertainment, and the metaverse – to curate a nurturing ecosystem of mentorship, funding and collaboration where trailblazers can leave a lasting legacy of sustainability for future generations.

“Through our strategic partnership with Blockpass, we at AYA reaffirm our commitment to upholding the highest standards of AML and KYC practices in the industry. This collaboration underscores our dedication to fostering a secure, compliant, and trustworthy environment for our users, laying the foundation for a more responsible and sustainable future in the virtual asset space.” said Vasseh Ahmed, Managing Director of AYA.

“We’re delighted to be working with a company that is so focused on the future of both blockchain technology and the planet.” said Blockpass CEO Adam Vaziri. “We have previously worked with Enjinstarter and it’s an honor to be chosen once again to work with such a visionary team on such an important project.”

By working together, Blockpass and AYA will ensure that the sustainable futures of blockchain technology and the world are secured against identity fraud and money laundering. In ensuring regulatory compliance, Blockpass will help AYA grow and flourish as it seeks to nourish suitable projects and innovate in a responsible manner.

About Blockpass

Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot™ for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC™ to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

About AYA

Born from a vision to bridge the gap in climate finance, AYA leverages blockchain to democratise fundraising for projects that aim for a greener Earth. From supporting startups aligned with the UN Sustainable Development Goals to ensuring each project meets rigorous regulatory and environmental standards.

Our mission is to empower everyone to contribute to a sustainable future. We’re making it possible for community members to not just witness change but be a part of it.

Learn more and engage with AYA’s team:
Website: https://www.aya.foundation/
Email: support@aya.foundation

Fideum: Bridging Traditional Finance and Web3; Partnership with Mastercard Announced

VILNIUS, Lithuania, Feb 5, 2024 – (ACN Newswire) – In the rapidly evolving landscape of financial technology, Fideum emerges as a pioneering force, dedicated to bridging the gap between traditional finance and blockchain technology. Through its strategic partnership with Mastercard, Fideum underscores its mission to revolutionize digital finance, making it more accessible, secure, and efficient for users worldwide. The introduction of the Fideum token stands at the forefront of this transformation, embodying the essence of digital finance innovation.

Strategic Partnership with Mastercard

The collaboration between Fideum and Mastercard marks a significant milestone in the financial industry, setting a new standard for the integration of traditional and digital finance. This partnership leverages Mastercard’s global reach and Fideum’s blockchain expertise to enhance the financial infrastructure, offering unparalleled services to both retail and institutional clients. The alliance not only amplifies Fideum’s offerings but also reinforces its position as a leader in the digital finance space, promising a future where financial transactions are more inclusive, efficient, and secure. As the overall winner of the Mastercard Lighthouse Finitiv, the company is set to expand its presence across the Mastercard Ecosystem.

Fideum Token: Powering the Platform

At the heart of Fideum’s ecosystem lies the Fideum token, a digital asset designed to power and facilitate the platform’s diverse services. The token’s integration into Fideum’s infrastructure enables users to engage in a variety of transactions and services seamlessly, from payments to investments. It not only serves as a utility token but also plays a critical role in ensuring the liquidity and stability of digital asset exchanges within the platform. The Fideum token is a testament to the company’s commitment to providing a comprehensive and user-friendly digital asset experience.

Fideum Available for Download
App Store: https://apps.apple.com/us/app/blockbank-v2/id1592298073
Google Play: https://play.google.com/store/apps/details?id=ai.blockbank.bbexpoapp&hl=en_AU&gl=US

Comprehensive Digital Finance Solutions

Fideum’s suite of digital finance solutions encompasses B2C, B2B, and B2B2C offerings, tailored to meet the complex needs of today’s financial ecosystem. From microservice architecture that enhances operational efficiency to customized institutional solutions and innovative user engagement tools, Fideum is equipped to cater to a wide array of financial requirements. These solutions underscore Fideum’s versatility and its ability to adapt to the diverse needs of its clientele, setting a new benchmark for excellence in digital finance services.

Decentralized Finance (DeFi) Realized

Experience financial freedom with our revolutionary decentralized, anonymous, and non-custodial multi-currency wallet. Securely store and manage your digital assets across various chains such as ETH, BSC, Avalanche, and Polygon. Take control of your financial future with the cutting-edge technology of our wallet.

Achievements and Market Impact

Fideum’s journey is marked by significant achievements, including acquiring global licenses, forging strategic partnerships, and witnessing exponential user base growth. The company’s success in the Mastercard Lighthouse program underscores its influential position in the market and its potential to shape the future of finance. These accomplishments are a testament to Fideum’s excellence, resilience, and impact on the digital finance arena that covers a full range of compliance features built into the application.

Looking ahead

Fideum is committed to transforming the global financial landscape through the continued integration of blockchain and digital assets. Plans to enhance the app experience, launch Fideum.com for institutional services, and expand the token ecosystem highlight Fideum’s forward-thinking approach and dedication to innovation. The vision is clear: to establish a financial environment where digital assets are as ubiquitous and easy to use as traditional currencies.

Fideum stands at the vanguard of fintech innovation, driven by a dedication to security, compliance, and user empowerment. As the company continues to lead the charge in redefining financial services for the digital age, it invites stakeholders to join in its journey toward creating a more inclusive and efficient financial ecosystem.

About Fideum

Since its inception in 2018, Fideum has consistently spearheaded innovative financial management strategies, continually refining and enhancing its platform to meet the ever-evolving needs of its dynamic user base. The most recent iteration of the platform is a testament to this commitment, presenting new security protocols via our partnership with Fireblocks while expanding trading functionalities across an array of networks such as Ethereum, Binance, Tron, Cardano, and Avalanche.

Fideum’s user-centric design facilitates effortless access and administration of diverse asset types, establishing it as the preferred choice for progressive investors. Fideum’s mission is to equip its users with the most current and revolutionary financial utilities and services. This is realized by intentional cultivation of collaborations with pioneering crypto projects. Through these strategic alliances, Fideum remains a step ahead in the burgeoning digital currency landscape, thereby offering its users access to leading-edge financial solutions. Alongside a user-friendly interface and a secure asset management platform, Fideum’s emphasis on fostering robust partnerships is a fundamental aspect of our pledge to provide an unrivaled user experience.

Fideum represents sophistication in simplicity. Its robust ecosystem, perfectly complemented by an intuitive interface, accommodates both seasoned and novice investors seeking to develop and control their financial assets. Fideum serves as the essential instrument for modern investors aiming to steer their financial assets effectively.

Web: https://blockbank.ai/
Coinmarketcap: https://coinmarketcap.com/currencies/fideum/
Contract Address: 0x1294f4183763743c7c9519Bec51773fb3aCD78FD
Discord: https://discord.gg/KHrtbaqxQv
Telegram: https://t.me/BlockBankApp
X: https://twitter.com/BlockBankApp
Facebook: https://www.facebook.com/blockbank
Linkedin: https://www.linkedin.com/company/blockbankapp/
YouTube: https://www.youtube.com/channel/UC9OwNLa0vkHIRO77fPqAAJg

For more information, contact Zephyr@platodata.io.

PairedWorld Foundation Unveils Innovative Solution to Digital Addiction and Loneliness during World Economic Forum and Announces Key Additions to Its Board and Strategic Partnerships

DAVOS, SWITZERLAND, Jan 29, 2024 – (ACN Newswire) – As the World Economic Forum Annual Meeting 2024 has come to an end, a critical theme has resonated throughout the discussions: the deep and complex relationship between technology and modern society. Key topics, such as the escalating issues of digital addiction, loneliness, and isolation, sparked intense debates. Initiatives like Human Change, along with dialogues among the world’s tech leaders about technology’s potential to enhance humanity, have set the stage. Leading this charge, the PairedWorld Foundation unveiled its innovative approach, marking a significant milestone in harnessing emerging technology to foster genuine human connection and combat societal challenges.

Tackling Modern-Day Challenges with Innovative Technology

PairedWorld Foundation is a global alliance of top experts and academics in neuroscience, psychology, blockchain, and behavioural economics, along with prominent figures from both Web2 and Web3 communities worldwide.

PairedWorld marks the next chapter in SocialFi and DeSoc, bridging blockchain technology with real-world interactions to elevate the Web3 landscape.

At the heart of this movement is the world’s first In-Real-Life Human Connection Protocol’ – a pioneering technology that authenticates and rewards genuine, real-world engagement.

“We are committed to creating a world where technology enhances our collective well-being,” said Raluca Cherciu, Board President of the PairedWorld Foundation. “Though the digital revolution has ushered in an era of unparalleled global accessibility and knowledge exchange, it’s an ironic twist of fate that it has also contributed to heightened feelings of isolation among individuals. This paradox is what we aim to address at PairedWorld”.

Introducing w3meet: The Future of Social Interactions

After launching the world’s first In-Real-Life Human Connection Protocol, PairedWorld is unveiling its inaugural application, w3meet – a pioneering mobile dApp that sets a new standard in the industry. The dApp is the first of its kind to reward real-world connections with $PAIRED, the ecosystem’s token. w3meet offers a suite of features for users to initiate and fund gatherings, participate in curated events of all types, and engage in meaningful conversations with like-minded individuals. Currently available only for iOS, w3meet is poised to transform how we forge and nurture relationships in all stages of life. Download w3meet today and step into the future of social connectivity by joining the waitlist or securing a referral link from a current user. w3meet opens the door to a world of meaningful interactions, seamlessly blending technology with genuine human connection.

Distinguished Board Appointments and Strategic Partnerships

The PairedWorld Foundation proudly welcomes Prof. Dr. Gerhard Schwabe, the Co-Founder of the Blockchain Center at the University of Zurich, as a new member of its Board. Dr. Schwabe brings an unparalleled level of expertise in blockchain technology and governance, and his academic insights will be invaluable in guiding the Foundation’s direction.

Joining Dr. Schwabe on the Board is Mr. Ralf Glabischnig, a renowned serial entrepreneur and investor. He is recognised for his instrumental role in developing a global blockchain ecosystem, particularly focusing on the famous ‘Crypto Valley’ in Switzerland and Liechtenstein, as well as the ‘Crypto Oasis’ in the Middle East. He is also a founding member of the Crypto Valley Association and the Swiss Blockchain Federation.

In another exciting development, Inacta Ventures has come on board as a strategic partner, a move that is set to significantly boost the Foundation’s global outreach and enhance its strategic planning capabilities.

The Foundation has also announced its partnership with The Digital Commonwealth, a multifaceted platform that integrates news, media, education, events, and venture capital, with Founder & CEO James Bowater also joining PairedWorld advisory board. This collaboration brings together a diverse community from various digital sectors, including AI, Blockchain, Crypto Assets, Digital Assets, Tokenisation, and Web3, enriching the Foundation’s network and resources.

About Pairedworld

The PairedWorld Foundation is a collaborative initiative among leading experts and academics in the fields of Blockchain, Psychology, Neuroscience, Behavioral Economics, and Governance. Committed to creating a world where technology enhances our collective well-being, the Foundation introduces the world’s first Proof of IRL Human Connection Protocol. Aiming to leverage Blockchain as a catalyst for positive social change, the PairedWorld Foundation seeks to enrich the lives of individuals and global communities alike.Learn more at www.paired.world or follow us on Twitter @PairedWorld.

About Inacta Ventures

As a network enabler and execution company, Inacta Ventures is dedicated to connecting startups and corporations in the WEB3 space. With a strong and proven network of partners and advisors, Inacta Ventures offers a comprehensive range of services to help clients navigate the complex world of Blockchain and WEB3. Services include advisory, venture building, smart capital and community building and turning WEB3 ideas into reality.

About The Digital Commonwealth

The Digital Commonwealth is a community centric hybrid news, media, education, events and venture capital platform.

Its community is drawn from the wider digital industries including Ai, Blockchain, Crypto Assets, Digital Assets, Fintech, Frontier Technologies, Metaverse, Quantum, Real World Assets, Tokenisation and Web3. Its community is drawn from the wider digital industries including Ai, Blockchain, Crypto Assets, Digital Assets, Fintech, Frontier Technologies, Metaverse, Quantum, Real World Assets, Tokenisation and Web3.

Media Relations
press@paired.world

Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative

DAVOS, SWITZERLAND, Jan 23, 2024 – (ACN Newswire) – Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative.Crypto Oasis, Crypto Valley, the DLT Science Foundation, and Inacta Ventures united to unveil the Global Protocol Report at The Hub of Casper Labs in Davos on the 17th of January 2024. It is an exhaustive examination of DLT (Distributed Ledger Technology) protocols that intends to empower decision-makers and policymakers with invaluable insights and data points, enabling them to plot their course in the burgeoning WEB3 space confidently.

Highlights:

The report has unprecedented transparency and clarity, granular insights, and an evolving analysis of DLT protocol attributes. It will help industry experts and novices gain foundational knowledge on DLT concepts, WEB3 ecosystem infrastructure, the evolution of the Blockchain landscape, and the role of capital, talent, infrastructure, and regulations in WEB3 innovation.

The Global Protocol Report introduces a comprehensive framework for assessing the maturity of DLT protocols, facilitating informed decision-making with concise protocol fact sheets. The report also reveals Switzerland’s dominance with 68.58% of the share of market cap of top protocols per country, followed by Singapore at 13.93%. The Global Protocol Report boasts some illustrious partners such as Coindesk Indices, Dialectic, DFINITY, Hedera, and Sui.

Unveiling the Inaugural Global Protocol Report

A Comprehensive Analysis of Blockchain Protocols

The report’s primary objective is to offer a nuanced understanding of prominent DLT protocols, exploring their strengths, weaknesses, and unique value propositions. The report has unparalleled depth and will delve into the foundational concepts of Distributed Ledger Technology. The subsequent sections delve into critical components of successful innovation, including the role of capital, infrastructure, and talent in advancing DLT protocols.

The report also addresses the intricate landscape of valuations and funding in the Blockchain sphere, focusing on critical aspects, including market cap distributions, revealing Switzerland’s dominance with 68.58% of the share of the market cap of top protocols per country, followed by Singapore at 13.93%. In terms of numbers, 20 of the leading DLT protocols are based out of Switzerland, just one short of the 21 based out of the USA. Switzerland’s leadership in the Crypto landscape is grounded in its renowned financial industry, known for security, neutrality, and privacy. This magnetism for digital asset holders has redefined the country as a centre for Crypto finance and decentralized technologies.

Ralf Glabischnig, Co-Founder of Crypto Oasis, highlighted the regulatory challenges in the Blockchain landscape, noting the significant variations globally. He emphasised Switzerland’s stability and leadership in the Blockchain domain, stating, “In the report we have explored the jurisdictions shaping the WEB3 landscape, analysing regulatory frameworks, infrastructure elements, and other factors influencing their favorability. It’s challenging how regulations can vary so greatly depending on where you are in the world, involving different regions, legal jurisdictions, and governing bodies. Switzerland, being a prominent player in Blockchain, stands as a pillar of stability and one of the most popular jurisdictions for DLT protocols. The Global Protocol Report also details valuation models and funding mechanisms so stakeholders can make informed choices and contribute to a thriving ecosystem.”

Glabischnig acknowledged that the European Union’s introduction of the Markets in Crypto-Assets Regulation (MiCA) is a notable step towards creating a cohesive framework, potentially serving as a blueprint globally. Such a regulatory landscape underscores the importance of understanding and navigating diverse legal frameworks, making the Global Protocol Report an invaluable resource.

The report delves beyond the Blockchain trilemma, i.e., the scalability, security, and decentralization trade-offs, shedding light on the emergence of side chains and second-layer solutions. This exploration unlocks new avenues for optimizing performance and maximizing user experience.

The Global Protocol Report marks a significant milestone in Blockchain research because it provides a comprehensive assessment framework for assessing the maturity of DLT protocols. This framework will allow readers to gauge the strengths and weaknesses of each of the selected protocols, facilitating comparison and identification of potential areas for improvement.

Commenting on the protocol maturity framework, Daniel Rutishauser, Partner, Head WEB3 Venture Building, Inacta Ventures said, “In our daily work, we are using our assessment framework to select the protocol that best fits the requirements for a WEB3 solution. In this report, for the first time, we give some insights into it as guidance for others to successfully build WEB3 solutions. The Global Protocol Report is a game-changer for understanding DLTs. This is a data-driven roadmap with a clear framework for assessing protocol maturity that will empower decision-makers and policymakers in the intricate world of Blockchain technology. By shedding light on the technical complexities and financial dynamics of DLT protocols, the report paves the way for a more informed and responsible WEB3 future.”

Each of the selected Blockchain protocols has been researched and graded on various attributes, including governance, performance efficiency, reliability, security, maintainability, usability, and adoption. The fact sheets for each protocol in the second part of the report include facts and figures such as the consensus mechanisms, transaction speeds, Tokenomics, etc.

“The Global Protocol Report is a critical resource to understand the Blockchain landscape, offering a unique lens on the evolution of DLT protocols. It not only tracks the advancements in Blockchain technology but also provides a framework for assessing protocol maturity. Our collaboration in this report underlines the DLT Science Foundation’s dedication to fostering informed decision-making in the Blockchain arena, especially as we navigate the complexities of scalability, security, and decentralisation. This report is an essential guide for anyone committed to understanding and shaping the future of WEB3.” said Paolo Tasca, Co-Founder and Chairman of the DLT Science Foundation.

A unique aspect of the Global Protocol Report is its commitment to being an evolving and dynamic resource. Regular updates will incorporate new trends and developments, allowing for a time series analysis and showcasing major shifts in the protocol landscape over time. This ensures users have access to a resource that remains current, providing a valuable lens for assessing the evolving maturity and potential of individual protocols.

“We are excited to be included in the first edition of the Global Protocol Report, providing digital asset market intelligence through meticulously crafted research”, said Alan Campbell, President of CoinDesk Indices. “As a firm dedicated to rigorous research and thoughtfully constructed indices, we are pleased to partner with Crypto Oasis and Inacta Ventures as they further the global Crypto economy through education.”

The Global Protocol Report stands as a beacon of clarity in the ever-shifting landscape of WEB3. This essential resource promises to fuel the development of a more robust and thriving DLT ecosystem. The Global Protocol Report is an invitation to explore, understand, and shape a future powered by distributed ledger technology.

Download the Global Protocol Report today and embark on your own journey of discovery within the ever-evolving Blockchain landscape.You can download the report at https://cryptooasis.ae/globalprotocolreport2024/

About Crypto Oasis

The Crypto Oasis is a Middle East-focused Blockchain ecosystem supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 1,800 organisations in the UAE alone. www.Cryptooasis.ae

About Crypto Valley

The Crypto Valley Association is a Swiss-based independent with the mission of building the world’s leading Blockchain and Cryptographic technologies ecosystem. The CVA is powered by its eleven Working Groups and by its driven members. The main purpose of the Association is fostering collaboration, driving adoption of digital assets and connecting startups, established enterprises through networking, research, policy recommendations, and its yearly flagship conference – the Crypto Valley Conference.Learn more through https://members.Cryptovalley.swiss/

About Distributed Ledger Technology Science Foundation

DLT Science Foundation is an international nonprofit organisation committed to help create a more equitable society — one that fully utilises DLT, Blockchain and related WEB3 technologies by fostering an open, sustainable innovation ecosystem of leaders, science fellows and developers.

About Inacta Ventures

As a network enabler and execution company, we are dedicated to connecting startups and corporates in the WEB3 space. With a strong and proven network of partners and advisors, we offer a comprehensive range of services to help our clients navigate the complex world of Blockchain and WEB3. Our services include advisory, venture building, smart capital and community building. With our ecosystem, we offer a range of high-quality services to help our clients achieve their goals and succeed in the WEB3 space. Let us help you turn your WEB3 idea into reality.https://inacta-ventures.com/

About CoinDesk Indices

CoinDesk Indices (CDI), a subsidiary of CoinDesk, has been the leading provider of digital asset indices by AUM since 2014. CDI is driven by research and a desire to educate the marketplace and empower investors. CoinDesk is the most trusted media, events, indices and data company for the global Crypto economy.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@Cryptooasis.ae
+971 55 200 0840

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Aegis Trust & Custody Joins Hands with FORMS HK, Hi Sun Tech, and Infocast to establish the Digital Asset Service Hub (DASH) and Consortium for Banks in Hong Kong

HONG KONG, Jan 19, 2024 – (ACN Newswire) – Aegis Trust & Custody (“Aegis Custody”) a regarded virtual asset custody that provides regulated custody services for Real World Asset Tokenization and cryptocurrency in the United States and Hong Kong, announced at an event yesterday, the establishment of the Digital Asset Service Hub (DASH) and Consortium with the support of Syndicate Capital Group (“Syndicate Group”). Being part of the DASH & Consortium projects, Aegis Custody is co-creating the Reference Operation Demo Labs (“Custody+ Lab”) in Cyberport as a show-case for the banking and financial sector.

Aegis Custody also announced a strategic partnership with Forms Syntron Information (HK) Ltd. (“FORMS HK”, fully owned subsidiary of FORMS SYNTRON (300468.SZ)), Infocast Limited (“Infocast”), and Hi Sun Technology (China) Limited (stock code: 0818.HK, “Hi Sun Tech”) yesterday.

From the technical side, Aegis Custody, in collaboration with FORMS HK and Infocast, built the Custody+ Lab with their technical know-how and clients in both the traditional banking and Web3 spaces. This groundbreaking project aims to support banks in becoming “Virtual Asset Ready” by providing a foundational step. The collaboration covers technology, business operating readiness, and integration with the evolving landscape of tokenized securities, stablecoins, and Central Bank Digital Currency (“CBDC”) within the territory.

The Custody+ Lab focuses on virtual asset custody for cryptocurrencies, tokenized securities, stablecoins, and CBDC. The project’s goal is to enhance the technological and operational preparedness of businesses navigating the complex realm of digital assets in Hong Kong. Aegis Custody brings extensive expertise in custody, operational and compliance frameworks, and core technology, while FORMS HK and Infocast contribute its experience in local development, integration with banking systems, and delivering a superior digital experience.

The collaboration is set to revolutionize the approach to custody opportunities, compliance, and core technology in the banking sector. By strategically combining Aegis Custody’s robust digital asset custody and compliance infrastructure with FORMS HK and Infocast’s innovative local development and user-centric digital solutions, the partnership aims to create a comprehensive, secure, and user-friendly platform. The executives express confidence in the role of CBDC in shaping the future-ready platform.

This collaboration goes beyond technological integration, envisioning a secure, efficient, and forward-thinking ecosystem for all stakeholders in Hong Kong’s financial landscape. This emphasizes the transformative potential of the partnership, expressing dedication to delivering innovative solutions, driving ecosystem engagement, and fostering a new standard of excellence for banks in the city. Together we believe this Web3 proof of concept will have a positive impact on the Hong Kong financial market and beyond.

Serra Wei, Founder and CEO of Aegis Trust and Custody said, “Today, we stand on the threshold of a new era as our vision of traditional financial institutions adopting virtual assets powered by Aegis infrastructure transforms into reality through our strategic partnership with 3 leading banking solution providers. We are excited about the potential of our collaboration and are dedicated to ensuring that these partnerships will deliver innovative solutions and foster the Hong Kong Fintech industry. We look forward to a fruitful partnership with FORMS HK, Hi Sun Tech and Infocast and the positive impact it will have on the Hong Kong financial market and beyond.”

Albert Yip, Co-Chair of Aegis Hong Kong, and Chairman of Syndicate Capital Group, commented, “The recent joint circular by HKMA and SFC marks a significant milestone in the development of Hong Kong’s regulation of VA-related products amidst Aegis’ strategic plan of DASH project. Syndicate Capital Group is the Investor Champion and Corporate Champion of Global Fast Track that was initiated by InvestHK, promoting fintech and CBDC. We are delighted to support Aegis to establish the Custody+ Lab at Cyberport and collaborate with reputable market leaders such as FORMS HK, Infocast and Hi Sun Tech, fostering the digital asset sector in Hong Kong as the Web3 Hub in Asia.”

Alex Chan, CEO of FORMS HK, commented, “As we forge ahead into 2024, we are excited to announce FORMS HK’s collaboration with Aegis Trust & Custody. This partnership is set to redefine the digital and virtual asset landscape as we come together to establish the DASH and a Consortium for Banks in Hong Kong. We extend our heartfelt gratitude to Aegis Trust & Custody for placing their trust in us. At FORMS HK, we firmly believe that trust and safety are paramount when it comes to virtual assets. That’s why we have branded our Web 3.0 finance technology offerings under the name FINNOSafe. With our expertise and dedication, we are fully committed to supporting the financial sector in navigating the ever-changing FinTech landscape, as we strive to position Hong Kong as the premier hub for regulated virtual assets.”

Cecily Ho, President of Infocast, said, “Reflecting on the transformative year of 2023 in the fintech industry, our journey ahead will be marked by continuous adaptation and innovation. The collaboration is not just a business milestone, but also our major leap in integrating digital assets into traditional financial systems. I am proud to see Infocast’s expertise in financial technologies and enterprise solutions become the technological backbone for this ambitious project. Our joint efforts with Aegis Custody and other partners show-case our dedication to driving innovation in the fintech space, particularly in the realm of digital asset management.”

Jack Qu, COO of Hi Sun FinTech Global Limited, a subsidiary of Hi Sun Tech commented, “At Hi Sun, our contribution to this initiative is fuelled by our extensive expertise in information technology and banking solutions. We will play a key role in ensuring the seamless integration of financial transactions within banks and the digital asset ecosystem. Under the supervision of the Hong Kong Monetary Authority and in collaboration with Aegis Trust & Custody, we are co-creating a holistic system and working together to promote the virtual currency business, aiming to bring new opportunities for economic development.”

About Aegis Custody

Aegis Custody, as a qualified custodian through its affiliate Aegis Trust, provides high-quality custody solutions for institutional clients globally, redefining industry standards with a focus on security, innovation, and excellence. Operating under trust charters in the US and Hong Kong, Aegis Custody ensures both security and compliance for its clients through its subsidiaries Aegis Trust Company and Aegis Custody.

Stay updated with Aegis Custody on Twitter and LinkedIn.

About Syndicate Capital Group

Incorporated in 2001, Syndicate Capital Group (https://www.syndicatecapital.com/#home) focuses on co-investments in mid-market companies alongside core and specialist sponsors. Syndicate Capital Group serves as a bridge to connect entrepreneurs with ultra-high-net-worth individuals, private investors, family offices and financial institutions including investment banks and PE funds across the international capital markets. Syndicate Capital Group is a Corporate Champion and Investor Champion of Global Fast Track.

About FORMS HK

FORMS Syntron Information (HK) Ltd. (“FORMS HK”), a wholly-owned subsidiary of FORMS SYNTRON (300468.SZ), was incorporated in 2009 and is based in Hong Kong. FORMS HK offers advisory and implementation services to help established banks change, virtual banks build, and FinTech companies innovate and thrive.

About Hi Sun Technology (China) Limited

Hi Sun Technology (China) Limited (Stock Code: 0818.HK) (http://www.hisun.com.hk/en/global/home.php) is a leading integrated solution provider for payment, finance and telecommunication in China. Hi Sun FinTech Global (HSG) is one of its major subsidiaries. It is a technology company specializing in the provision and implementation of “turn-key” Fintech solutions, guiding and supporting Financial Services clients through their digital transformation journey. HSG offers a full suite of Financial Services modules that can be fully deployed or scale up into selective plug & play modules.

About Infocast Limited

Infocast (http://www.infocast.com.hk/en), incorporated in 1996, is a leading supplier of financial information technology (FinTech) products and services in Hong Kong. Infocast has over 25 years’ experience supplying trading platforms, enterprise solutions, financial content and investor applications to over 150 banks and brokerages in Hong Kong and across Asia. Infocast is also a licensed information vendor for multiple exchanges, with in-house news team reports on the latest financial news.

Aegis Trust & Custody Joins Hands with FORMS HK, Hi Sun Tech, and Infocast to establish the Digital Asset Service Hub (DASH) and Consortium for Banks in Hong Kong

Peter Yan, CEO of Cyberport stated, “We are happy to support Syndicate Capital Group, which is a member of Cyberport Investors Network (CIN) and Aegis Custody, an incubatee of Cyberport, for the establishment of DASH. Cyberport is a key community builder with a strong network for innovative technologies across various industries. To showcase the potential solutions to intermediates, particularly the banking and financial sector, as well as other stakeholders in the virtual assets ecosystem, Cyberport will support Aegis to establish the banks consortium, which will enable the banking industry and related enterprises to better understand the latest development, promote cross-industry collaboration and prepare the readiness of virtual assets related activities such as stablecoins and CBDC.”

About Aegis Custody

Stay updated with Aegis Custody on Twitter and LinkedIn.?

About Syndicate Capital Group

About Cyberport

Cyberport (https://www.cyberport.hk/en) is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,000 members including over 900 onsite and close to 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology, thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups, fostering industry

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Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

HONG KONG, Jan 18, 2024 – (ACN Newswire) – Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles.

Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability of legacy KYC Bot versions which automatically approve a KYC profile if there are no flags raised for it. If there are potential issues detected, the Advanced KYC Bot(TM) reviews and actions these via a remediation process which involves cross-referencing matching AML data, addressing any deficiencies in the documentation provided, and dealing with any issues arising from a blocked nationality. These new capabilities will reduce the time taken to address flagged profiles, whether due to issues with the data or user error in uploading or inputting information, which will ultimately lead to fewer issues or delays onboarding customers and an improved user experience of the whole process.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently, with around one million verified user identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to get access to users, including those with unhosted wallets, with reusable digital identity profiles.

“We all know that regulation and compliance underpin a safe and responsible ecosystem for crypto and blockchain users, but the whole idea of Blockpass is to make the process faster, simpler, more efficient and less intrusive for both businesses and their customers,” said Adam Vaziri, Blockpass CEO. “Our tech department has been hard at work on this new development and we’re delighted to be able to showcase how it will innovate the KYC process for our customers even further. Not only that, but we also have further developments in the works that we’re excited to share with you in the near future.”

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass’ On-Chain KYC®, the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC(TM) solution finally enabling blockchains and DeFi platforms to have a compliance layer. For Animoca Brands and Yuga Labs’ Otherside NFT minting in 2022, Blockpass exclusively started the first zero knowledge KYC service where the delivery of the verification result is provably sent without sharing the underlying data.

About Blockpass

Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot(TM) for intelligent remediation, On-Chain KYC(R) for data-free anonymity, and Unhosted Wallet KYC(TM) to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team via the following:
Website: http://www.blockpass.org
Email: sales@blockpass.org

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

Cape Town, South Africa, Jan 11, 2024 – (ACN Newswire) – Advanced Project, a leading force in African blockchain innovation, is taking a major step towards true financial inclusion in the continent with the integration of AUC Coin as a payment method at retail stores across South Africa. This exciting partnership unlocks new possibilities for digital asset adoption and sets the stage for wider cryptocurrency use in the region.

South Africa, at the forefront of embracing digital assets following the Financial Sector Conduct Authority’s recognition of them as financial products, is witnessing a transformative shift in payment methods. The integration of AUC Coin as a payment method is a testament to Advanced Project’s unwavering commitment to democratizing finance in Africa. By simplifying digital asset access and use, Advanced Project empowers individuals and businesses alike, fostering a more inclusive and prosperous future for the continent.

As a testament to this evolving landscape, the Pick N Pay group, the largest retail group in the Southern Africa region with 2,204 stores across eight countries, has partnered with CryptoConvert. In September, the integration of the CryptoQR Payments API allowed direct payments with digital assets at all Pick N Pay counters in South Africa. This partnership is a crucial step in bringing digital currencies into mainstream usage for everyday transactions. Other large retail groups like Pick N Pay, will also soon be accepting payments in digital assets.

Ashiek Anandhaw, CEO of AUC comments, “The Advanced project uses its own end-to-end payment platform, TIER, which directly connects AUC Coins to users and merchants, to provide a payment system in an easier environment in both offline and online environments, allowing users to pay not only for goods, but also for other value-added services and municipal bills.” AUC Coin from the Advanced project is a native token used extensively in the on/off-chain ecosystem of the project.

It has successfully undergone testing for payment services using AUC Coin in several South African retailers, expanding the usage of AUC Coin beyond South Africa to the entire African continent.

This initiative expands AUC Coin’s utility beyond online transactions and paves the way for everyday purchases with digital assets. It has the potential to revolutionize financial access and inclusion across the African continent.

Through partnerships like this, Advanced Project is taking concrete steps toward realizing its vision of a blockchain-powered Africa, where everyone has equal access to financial tools and opportunities. This paves the way for increased not only Bitcoin and Ethereum but also various digital assets like AUC coin usage in retail, propelling Africa to the forefront of the global cryptocurrency movement.

The Advanced Project

The Advanced project is a blockchain-based initiative that aims to promote financial inclusion in Africa through digital assets. The project offers a comprehensive platform that connects users and merchants through its own end-to-end payment system, TIER, which allows for fast, low-cost, and secure transactions using AUC Coins, the native token of the project. The project also provides a range of value-added services and solutions, such as remittances, microfinance, insurance, and municipal bill payments, that aim to improve the lives and livelihoods of millions of Africans who lack access to traditional financial services. The project’s vision is to create a more inclusive and prosperous Africa through the power of blockchain and digital assets. For more information, visit https://aucunited.com/.

Contact:
Rendani R.
support@aucunited.com

Bracket Labs Announces $2 Million Pre-Seed Raise to Support the Launch of its ‘Passages’ Trading Platform

PANAMA CITY, FLA, Jan 5, 2024 – (ACN Newswire) – Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of “Passage,” a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product makes trading long and short volatility entirely on-chain easy for traders of all levels.

In June 2023, Bracket Labs completed Binance Labs’ Season 5 Incubation Program and received investment from Binance Labs. In addition to completing the Incubation Program, Bracket Labs completed its pre-seed investment round from other notable crypto funds such as NGC Ventures, Cypher Capital, 0x Capital, PHD Capital, FJ Labs, SCC Investments, K300 Ventures, Scope Research, W3Coin Ventures, Titan Equity Group and Bitfund DAO.

“We are deeply impressed by their innovative approach to on-chain volatility trading. Creating volatility products that are approachable by traders of all skill levels is no small feat. The next generation of DeFi users will demand advanced products alongside a simple interface, and Bracket is the obvious choice. We are proud to partner with Bracket,” said Chris Miller, NGC Ventures.

“The market has limited tools for trading volatility on-chain. We had to get creative in order to build a new product that appealed to traders of all skill levels and stood out from the existing DEXs and perps exchanges in the market. Passage is our answer,” said Pelli Wang, Co-Founder and COO of Bracket Labs. “We were able to create a new and exciting trading platform that abstracted away all of the complexities of derivatives and options math.”

Across crypto, blue chip assets like Bitcoin (BTC) and Ethereum (ETH) often exhibit extended periods of sideways movement punctuated by spikes in volatility. Built on Arbitrum, BracketX is the first on-chain trading product for range-bound derivatives. The Passage product uses a proprietary dynamic volatility model that automatically adjusts volatility ranges based on market conditions, giving traders a way to trade volatility without bias for price direction.

One of Passage’s standout features is its simplicity. Traders can easily set a range, take the “Stay In” or “Breakout” side of the trade, and lock in leverage of 200% over a two-day term. Passage also introduces a limit order book and vault to improve liquidity in the market.

The Bracket Labs team includes senior-level veterans of D.E Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, and DeerCreek. Bracket Labs was launched in 2023 and has established a track record of bringing accessible and efficient decentralized tools to market for users of all skill levels.

Passage launches with ETH-denominated markets and plans to incorporate liquid-staked tokens in the future. Passages will also deploy on BNB Chain in 2024 as well.

For more information about BracketX and Passage, please visit www.bracketx.fi.

About Bracket Labs

Bracket Labs’ mission is to democratize financial products and introduce on-chain innovations in volatility trading. Domiciled in Panama, the team has deep crypto and traditional finance backgrounds and senior leadership experience at D.E Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, DeerCreek, and more.Social Media Links

Website | Linktree | Twitter | Discord | Telegram

For press inquiries and further information, please contact:
Kyle Heise
PR Director
kyle@scrib3.co
925-818-2327

Mitrade Tops Charts for Best Client Fund Security Worldwide, Secures its Position as Best Forex Trading App in Australia

MELBOURNE, Dec 15, 2023 – (ACN Newswire) – Mitrade is honored and titled as this year ‘s “Best Client Fund Security – Global ” and “Best Forex Trading App – Australia”, by the International Business Magazine. The International Business Magazine Awards took place at Atlantis, The Palm in Dubai earlier this November. The event brought together industry leaders to celebrate outstanding achievements, making it a night of recognition and triumph in the global business community.

This accomplishment highlights Mitrade’s commitment to ensuring maximum security and trust for its clients. The company has become a top choice for traders who value reliability and peace of mind by prioritizing a comprehensive, secure, and transparent trading environment.

Best Client Fund Security – Global 2023

A testament to its exemplary commitment to safeguarding client investments. This recognition stems from Mitrade‘s rigorous security measures, including the use of segregated accounts to ensure client funds are kept separate from company assets, and bolstered by strict regulatory compliance. These practices not only set industry benchmarks but also instill confidence among clients, affirming that their investments are managed with the utmost integrity and safety, allowing them to trade with peace of mind.

Best Forex Trading App – Australia 2023

Mitrade, acclaimed as Australia’s ‘Best Forex Trading App’ for 2023, has firmly established its position as the top choice among forex traders. This prestigious award reflects Mitrade’s commitment to delivering a seamless trading experience, combining a user-friendly interface with advanced trading tools. Key to its acclaim is the integration of MitradeGPT, a cutting-edge AI feature providing real-time, concise news updates. Furthermore, an upgrade to its core charting system through a collaboration with TradingView has further improved its interface, streamlining the trading process for users. Together, these innovations make trading not just faster, but also smarter, benefitting both novice and experienced traders alike.

About Mitrade

Mitrade is a leading global online CFD trading platform that offers a diverse range of financial instruments to traders internationally. With over 400 markets to choose from, traders have unparalleled opportunities to engage in various assets, including stocks, commodities, currencies, and indices. Whether it’s exploring the stock market, delving into the intricacies of forex trading, or navigating the world of commodities, Mitrade provides a comprehensive selection of trading products. For more information, please visit www.mitrade.com.

Social Links
Facebook: https://www.facebook.com/MitradeOfficial
Twitter: https://twitter.com/MitradeOfficial
LinkedIn: https://www.linkedin.com/company/mitradecom/
Instagram: https://www.instagram.com/mitrade_official/
YouTube: https://www.youtube.com/c/Mitradeglobal/

Media Contact
Brand: Mitrade
Contact: Media team
E-mail: branding@mitrade.com
Website: https://www.mitrade.com/