QRC Sponsors PAS 19668 Security Token Specification with BSI

HONG KONG / LONDON, Dec 20, 2020 – (ACN Newswire) – The QRC Group (QRC) announces publication of the world's first Security Token Specification, independently facilitated and published by BSI, the UK National Standards Body. "PAS 19668" provides for the technical specification and cross-blockchain publication of security tokens, covering tokens issued on any distributed ledger system. This PAS (Publicly Available Specification) takes effect from 31 December, 2020.

In the absence of an industry-wide standard, security token information has been organized and presented in various formats and different locations, making access highly inefficient and increasingly complex for investors and active market participants. PAS 19668 is an effort to fill that gap by specifying how information and properties relating to security tokens should be structured and presented.

PAS 19668 is for use by international security token issuers. It is also a reference for security token holders, security token exchanges and custodians, investors in security tokens and auditors checking conformity, and any third parties that provide services to issuers of security tokens. PAS 19668 does not cover utility tokens or unregulated tokens.

"PAS 19668:2020: Publication requirements for security tokens – Specification" is available here: https://shop.bsigroup.com/ProductDetail?pid=000000000030376033

PAS 19668 has been independently facilitated by BSI following consensus by a steering group of experts from various industries including digital asset exchanges, traditional financial exchanges, issuance platforms and academia.

Shogo-Ishida, CEO of QRC Group, sponsor of the PAS, said: "We are very pleased to announce PAS 19668. With BSI standardizing security token technology, and with a specification draft, we take a great step forward in legitimizing security token offerings and STO fundraising. Standardization will consolidate technology innovation and best practices from disparate STO platforms, and accelerate STO market growth.

"Issuers trust BSI-standard technology. This trust will lead to greater confidence in technology providers and token distributors, and drive adoption of STO fundraising activity," continued Ishida. "As digitization continues in many industries, PAS 19668 will encourage further efforts to digitize securities backed by blockchain technology. We hope that people will welcome the standard, and issue security tokens more securely and conveniently."

Alexandre Kech, CEO, Onchain Custodian, Convenor ISO TC68/SC8/WG3 Digital Token Identifier: "Standards are critical for the maturing of any new industry. PAS 19668, which already leverages the ISO 10962 Classification of Financial Instruments (CFI) standard, will be powerful when used in combination with the ISO 24165 Digital Token Identifier expected to be finalised and available for us in 2021."

Thomas Borrel, CPO, Polymath: "Mass adoption of security tokens can only happen through standardization. ERC1400 established the standard for security tokens and PAS19668 will materially contribute to transparency through simplified access to information and attributes of each token. PAS19668 reliance on existing and upcoming ISO standards will ensure consistency across all assets, traditional and digital."

Luc Falempin, CEO, Tokeny Solutions: "Blockchain technologies represent a great opportunity to use a common IT infrastructure for the world of finance. It is therefore essential to facilitate the interoperability of solutions and to formalize the data. We are delighted with this initiative as we can now complete the institutional-grade security token protocol T-REX with the PAS19668 specification model."

Jor Law, Director, Prime Trust and consultant to several key players in the STO ecosystem: "Having a standardized method of identifying security tokens globally promulgated by the BSI is important for the evolution of STOs and increased adoption. With a uniform method to digest security tokens, data flow and transaction handling can improve to allow greater interoperability across geographic regions and more seamless interaction between the different participants that comprise a healthy capital markets system."

BSI Steering Group is composed of representatives from 1st Idea Limited, Bank Frick, BC Group, BitGo, Blockstream, BnkToTheFuture, CMS Cameron McKenna Nabarro Olswang LLP, CryptoCompare, DeversiFi, DSTOQ, London Stock Exchange Group (LSEG), Onchain Custodian, Polymath, Prime Trust, QRC Group, Singapore Management University (SMU), Tokenomica, Tokeny Solutions.

PAS19668 Technical Author: Adam Vaziri.
BSI Announcement: https://tinyurl.com/bsigroup-mediacentre-15dec20
QRC Announcement: https://www.qrc.group/top-news

QRC Group (QRC) is a RegTech and blockchain advisory firm providing technical solutions for the deployment of digital securities in conformity with international standards, including PAS19688. HK-based QRC has related company offices in Tokyo, Singapore, Kuala Lumpur, Labuan and Vietnam. Visit https://www.qrc.group.

Media Contact: Shogo-Ishida, enquiries@qrc.group, QRC Group.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Elrond eGold (EGLD) to list Dec. 23 on eToroX

SIBIU, Romania, Dec 16, 2020 – (ACN Newswire) – Elrond, the blockchain offering a 1000x improvement in speed, scale, cost and user experience, is pleased to announce that eGold (EGLD), the company's cryptocurrency, will debut in the eToro ecosystem on Wednesday the 23rd of December, when it will become available on the eToroX cryptocurrency exchange.

eToro is a rapidly growing global $2.5bn unicorn that offers digital asset management services to 15 million users trading stocks, commodities, forex, and cryptocurrency markets. eToroX is eToro's professional crypto exchange, conceived and produced for the corporate and institutional-grade crypto trading community. eToroX is a highly effective, trusted and secure crypto trading solution.

Elrond had earlier announced the launch of Maiar, its digital wallet and global payments app, scheduled for Jan. 31. With these milestones, and a series of strategic moves, Elrond is positioned on a hypergrowth path to make a powerful leap towards mainstream adoption.

Through Maiar, Elrond is positioned for accelerated growth, aiming to gain widespread mainstream adoption, as in addition to crypto, the app aims to gradually provide the same features as PayPal, Venmo and Google Pay but without collecting any personal information and at much lower fixed fees.

Elrond is a public blockchain that has delivered the first truly scalable sharding architecture solution, which is able to deliver more than 15,000 transactions per second (TPS) and can scale even further, having achieved 263,000 TPS in public tests. Compared to the top cryptos today, Elrond is broadband to the early days of slow internet connections.

Beniamin Mincu, CEO & Founder of Elrond Network said, "Bitcoin has proven that cryptocurrencies are secure and can serve an important purpose in the internet economy. Elrond opens up a new frontier offering internet-scale blockchain performance, and an intuitive application called Maiar, through which we aim to bring the next billion people to the blockchain space."

About Elrond
Elrond, an internet-scale blockchain designed from scratch to bring a 1000x cumulative improvement in throughput and execution speed, introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency and negligible cost, to become the backbone of a permissionless, borderless, globally accessible internet economy.

Elrond website: http://www.elrond.com
Elrond on Telegram: https://t.me/ElrondNetwork
Elrond on Twitter: https://twitter.com/elrondnetwork

Media:
Dan Voicu, e: dan.voicu@elrond.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ZALL Smart Commerce and CIC Launch Digital Silk Road Initiative

SINGAPORE, Dec 15, 2020 – (ACN Newswire) – Commodities Intelligence Centre ("CIC") announces a momentous 2020 as it has jointly launched a "Digital Silk Road" initiative led by ZALL Smart Commerce Group ("ZALL"), Asia's leading B2B e-commerce Group, and joined Singapore's Blockchain for Trade & Connectivity (BTC) Network. As Singapore's first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL's latest global digital trading platform, and China's largest online and offline integrated wholesale trading platform "Zallgo", CIC will help Singapore businesses uncover new opportunities and reap the benefits of the global digital trade economy through enhanced digital connectivity, in turn boosting trade across the Asia-Pacific region on the back of the world's largest trade pact, the Regional Comprehensive Economic Partnership (RCEP).

Zallgo was officially launched during the "2020 Global Digital Trade Conference" that was held in Wuhan last month. A total of 300 merchants sign 252 agreements on-site through ZALL's digital platform, amounting to a total of S$56.3 billion (US$42.2 billion) of cooperation agreements. The newly formed partnerships underscore the increasingly important strategic role of CIC in facilitating the expansion of regional trade and investment as it aims to develop more than 10 winning commodities that will be popular worldwide over the next three to five years.

Peter Yu, CEO of Commodities Intelligence Centre, shared, "We have withstood the test of the pandemic and have witnessed the impact of the industrial internet economy on global trade and investment. As digital trade becomes the new engine of global economic growth, digital connectivity becomes increasingly important for companies to expand their market footprint quickly in a safe and secure manner. The new partnerships forged with the Digital Silk Road initiative and BTC network strengthens CIC's existing networks in the region that will enable SMEs to uncover new trading opportunities and optimize their supply chains in cross-border trade through our ecosystem in Asia."

CIC is also one of the six commercial partners to be part of the recently formed Blockchain for Trade & Connectivity (BTC) Network, an initiative by the Singapore University of Social Sciences (SUSS) and Enterprise Singapore (ESG), supported by the National Research Foundation (NRF) to develop a risk assessment framework for small and medium-sized enterprises to assess how blockchain can support their business needs.

The BTC network was officially launched at the sidelines of the Singapore Week of Innovation and Technology (SWITCH) on 7 December 2020. The BTC network to drive innovation and test bedding of blockchain solutions with multimodal global supply chain companies, digital trading platforms and technologies. Other five commercial partners who will be helping to create, trial and lead the BTC Network's implementation includes Ascent Solutions, Blockchain-based Service Network, GeTS, Trames and VeChain Technology.

"CIC is well-placed to provide the necessary tools and guidance in promoting greater efficiency and transparency across global supply chains to help SMEs embrace the power of digitalisation to explore opportunities, casting their net wider, reaching out to a larger pool of reliable partners and suppliers beyond their usual reach," added Peter.

Since the start of the year, CIC's platform has reported more than 20 per cent increase in customers joining their platform compared to the same period last year. The company also saw a surge in online transactions with over 4,000 customers searching for trading opportunities on the platform on a daily basis. CIC has since achieved a gross merchandise volume of US$13.2 billion (S$17.6 billion), with over 5,200 registered users covering markets, including Singapore, Malaysia, Indonesia, India and China, among other countries in Asia.

About Commodities Intelligence Centre (CIC)

The Commodities Intelligence Centre (CIC) is a global trading platform for physical commodities including Ferrous & Non-Ferrous Metals, Chemicals & Plastics, Oil & Petroleum, and Agri Commodities. Officially launched in Singapore on 12 Oct 2018, CIC is a Joint Venture between China-based ZALL Smart Commerce Group, Global eTrade Services (GeTS) and Singapore Exchange (SGX) to build trade connectivity through digital marketplaces and to grow a vibrant trading ecosystem in Singapore. CIC aims to revolutionize commodity trading and facilitate cross-border trade through deal matching, trade finance, supply chain logistics, track and trace and global trade compliance. Since its establishment in October 2018, CIC has achieved a GMV (Gross Merchandise Volume) of more than US$12.7 billion (S$17.7 billion), with over 5,000 registered users covering markets including Singapore, Malaysia, Indonesia, India, China, among other countries in Asia. For more information, please visit www.cic-tp.com.

For media queries, please contact
PRecious Communications for CIC
cic@preciouscomms.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Apple Co-founder Steve Wozniak’s New Ambition Kicks Off on HBTC

SINGAPORE, Dec 14, 2020 – (ACN Newswire) – Steve Wozniak, Apple's co-founder, is dedicated to developing a new blockchain project called Efforce. With the purpose of funding energy-efficiency projects, Efforce launched its token WOZX on HBTC.com, a 100% Token Holder Owned Trading Platform. The cooperation between a high-tech team backed by Wozniak and a leading team from the blockchain industry has shown us an ambition that may end up a revolution in the environment and energy industries.

After success with Apple, Wozniak was attracted to the technology of blockchain and use of cryptocurrencies. As a believer in blockchain industry and cryptocurrency economics, Wozniak and other industry veterans founded the energy-efficiency company Efforce. Efforce is a blockchain-based energy saving platform which provides an innovative way for companies to fund energy-efficient projects and save energy expenses. Launching a token named WOZX, Efforce allows contributors to fund energy efficiency projects by investing in WOZX and be repaid in tokens representing the energy savings achieved.

The energy efficiency market has always been too complex for retail investors. However, with the innovative business model launched by Efforce, anyone interested in energy projects can easily access the market, while companies who wish to implement solutions will be able to negotiate directly with consumers or contributors in the open market. Tokenization will play an important role in this process. With the issuance of WOZX, a contractual relationship between contributors and companies seeking funds for energy projects is formed, allowing contributors to participate directly in the savings generated through the projects.

"We created Efforce to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change," stated Wozniak. The goal is to decentralize the $241 billion energy financing market, much as Apple aimed at in popularizing personal computing. The most important part of Efforce's project, the WOZX, has been carefully designed and issued. The Wozniak team chose HBTC.com to first launch the WOZX. The cooperation was a natural choice given HBTC's superior technology and industry-leading trading experience.

WOZX and HBTC.com

HBTC Exchange is a business of Singapore-based Bluehelix, founded by former Huobi CTO James Ju in 2018 to pursue excellence in building blockchain financial infrastructure. Jointly invested by Huobi, OKEx and 56 world-class institutional investors, the Bluehelix core founding team came from first-tier tech and finance companies including Google, Alibaba, Tencent, Baidu, Barclays Capital and Societe Generale. Bluehelix now provides fintech to over 300 companies globally, with its exchange SaaS system, innovative financial derivatives and liquidity services helping partners realize business value in a rapidly developing and competitive market.

HBTC's Exchange business, formerly known as BHEX, rebranded as HBTC (HBTC.com) in 2020, launching the innovative HBC 10x Repurchase Plan, and the HBTC Captain incentive scheme. Under the repurchase plan, 100% of HBTC's revenue is used to repurchase HBC coin on the secondary market at a price calculated at 10x PE. The price of HBC has consequently increased 234%.

HBTC's Exchange platform is known for its security, liquidity, and efficiency. MAS license exempted in Singapore, HBTC's trading system is backboned by Bluehelix Cloud, the best-in-class system that backs trading experience and fund security. HBTC Exchange platform has experienced 6,027 system upgrades and 136,569 structure upgrades since its launch in 2018, keeping a record 0 asset losing accidents. With a recent upgrade, HBTC's new system is able to achieve even a higher level of reliability.

HBTC Prosperity: HBTC Exchange, HBTC Chain, and Bluehelix Cloud services

Known for its trading platform, the Bluehelix Group is built of three pillars: HBTC Exchange, HBTC Chain, and Bluehelix Cloud. Each supports comprehensive business development and give full play to the beauty and potential of blockchain technology. Bluehelix Cloud is the largest technology provider in the institutional exchange market, with more than 320 global crypto exchange clients covering 15 million users, and 10 thousand crypto assets with a total value of 6 billion USDT. The SaaS system provides for spot, margin, contract and options trading support, as well as liquidity services.

With Exchange providing superior trading, and Cloud providing backbone to the global exchange market, HBTC Chain is the first public chain to support decentralized cross-chain custody and transactions, for more than 10 mainstream digital assets. HBTC Chain also improves asset protection with private key sharing technology, securing on-chain assets. Moreover, HBTC Chain launched the cross-chain DEX SaaS service, providing decentralized OTC services and supporting NTF trading as well. As DeFi infrastructure, the API of HBTC Chain is open for developers and better serve the community.

The Bluehelix Group continuously pursues the development of industry through technology, in the great tradition of Apple, and now Efforce. As Wozniak has said, a true innovation is one that improves people's lives. Efforce has managed to combine the blockchain project with traditional industry, and the issuance of WOZX has pushed blockchain and the energy efficiency industry toward the future. With the cooperation between Efforce and HBTC.com, we are a step closer to the transformation that will ultimately benefit all.

For more information:
HBTC Exchange: https://www.hbtc.com/
HBTC Chain: https://hbtcchain.io/
Telegram: https://t.me/HBTCOfficial
Twitter: https://twitter.com/HBTCNews
Facebook: https://www.facebook.com/HBTCOfficial
Medium: https://medium.com/hbtcofficial
Youtube: https://www.youtube.com/channel/UCjnr5dIwOjqbinv6fJ7XIqg
Bluehelix Cloud: https://www.bluehelix.cloud/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Founder Institute (FI) announces Pacer Ventures as Investor in Residence for its African Accelerators

PALO ALTO & LAGOS, Dec 14, 2020 – (ACN Newswire) – Founder Institute (FI), the world's largest pre-seed startup accelerator, today announces Pacer Ventures as 'Investor in Residence' for the Founder Institute's African Accelerator program. As part of the program, all startups that graduate the Founder Institute in Africa will be reviewed by Pacer Ventures for potential investment in their seed or pre-seed round of funding.

This development follows the announcement of Founder Institute as a strategic partner of Pacer Ventures for African early-stage start-ups that are solving some of the most critical problems on the continent. Pacer VC's purpose is aligned with FI's mission to empower communities of talented and motivated people to build impactful, technology-enabled companies worldwide.

"FI is quickly becoming the gold standard for pre-seed acceleration in Africa," says Ryan Micheletti, Head of Global Operations for the Founder Institute. "We are excited to strengthen our leadership position by partnering with Pacer Ventures to foster investment in FI Alumni all across the Continent."

FI has an Alumni strength of 100+ companies tackling various challenges across the continent and this is bound to grow with FI's expanded footprint in Africa and Pacer's move to increase access to early-stage funding.

Managing Partner of Pacer Ventures, Gbemi Akande, sees value in formalizing the partnership with the Silicon Valley based program. "Our partnership is in line with what Pacer VC was set up to accomplish. By partnering with Founder Institute, we at Pacer VC will accelerate our mission of supporting early stage companies. It is a win-win and we look forward to a mutually beneficial collaboration with FI."

Pacer Ventures was one of a handful of new funds selected to pitch to a global gathering of limited partners from around the world at the VC Lab Venture Forum, which has also led to increased interest from LPs around the world.

Geoffrey Weli-Wosu, General Partner at Pacer Ventures, said, "Founder Institute stands out as one of the top pre-seed accelerators across the African continent. Pacer Ventures is committed to supporting startups coming out of the program who can support the transformation of the continent."

Pacer Ventures will continue to leverage its strategic partnership with Founder Institute chapters throughout Africa to identify and recommend winning teams with scalable solutions that meet market needs. Similarly, Pacer Ventures has partnered with techbuild.africa to provide marketing and promotional support for FI portfolio companies across Africa.

General Partner at Pacer Ventures and FI Regional Director, Chukwuemeka Fred Agbata stated, "Africa faces many challenges, but within every challenge lies opportunity and young people are leveraging technology to solve these problems across the Continent. It is our duty to inspire and fund the entrepreneurs who are building valuable solutions to our most pressing problems. Africa is the future, and investors and LPs are now becoming aware of this."

About Founder Institute

Founder Institute is the world's largest pre-seed startup accelerator. Since 2009, we have helped over 4,500 entrepreneurs get the focus and support needed to build a business that matters. Based in Silicon Valley with chapters across 90 countries, Founder Institute's mission is to empower communities of talented and motivated people to build impactful technology companies worldwide. To learn more, please visit http://fi.co.

About Pacer Ventures

Pacer Ventures has a strategic relationship with Founder Institute, the world's premier pre-seed startup accelerator, to provide investment thesis support, structure, templates, tools, deal flow, potential seed, and mentorship support across all segments of the funding operation for African startups.

Pacer email: info@pacer.vc
Official website: https://pacer.vc/
Pacer blog: https://pacer.vc/blog/
Twitter: https://twitter.com/pacerventures
LinkedIn: https://linkedin.com/company/pacerventures/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Top Digital Exchange Bithumb Lists CyberVein Native Token CVT

SINGAPORE, Dec 9, 2020 – (ACN Newswire) – CyberVein, the next generation big data and analytics company, has announced a major breakthrough in its listing strategy: effective today, CyberVein's native token CVT will be traded on South Korea's oldest and largest digital asset exchange platform, Bithumb.

Bithumb was established in 2014 and now offers hundreds of trading pairs. With daily trading volumes exceeding $500,000,000, the South Korean exchange firmly occupies sixth place on CoinMarketCap's exchanges list. The CVT being listed on Bithumb today signifies yet another major leap in CyberVein's overseas strategy, and the company's major achievement in the South Korean market. In addition, the exchange will offer fiat on-ramp and off-ramps for CVT, as the CVT/KWR trading pair is the first to launch.

"This is one of the most important achievements for CyberVein in 2020," stated Jack Ge, CyberVein's Global Ambassador. He continued: "It's important for our company to continue being listed on prime exchanges to access new markets and tap into new pools of liquidity. Moving forward, CyberVein will continue to establish robust partnerships, expand our ecosystem and strive for another peak performance."

CyberVein recently announced multiple new developments, such as the DAVE Alliance – the company's technology alliance, aimed at connecting big data, cloud storage, blockchain, and Artificial Intelligence (Ai) companies, associations, universities, and outspoken data activists. CyberVein has called on the industry to join the alliance's mission: creating a new standard for data ethics and data monetization. Another CyberVein development is CROSS, a first-of-a-kind decentralized non-fungible token (NFT) issuance platform.

"CyberVein recent technological innovations are testament to the token listing on Bithumb," stated Grace Ding, CyberVein's Co-Founder and Regional Director for South Korea. She continued, "With Bithumb we are tapping into a new community of retail crypto investors from South Korea."

For media inquiries, please contact:
Micky Sun
prteam@cybervein.org

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BTX Capital Announces $3M Investment in Partnership with TheAPIS, an Open Source API Platform

CALIFORNIA, USA, Dec 4, 2020 – (ACN Newswire) – TheAPIS, an open source, decentralized API platform, has announced a $3 million strategic investment from BTX Capital, a leading crypto investment bank. With their new partnership, they aim for a new era in which developers receive a share in the profits made by companies that benefited from the economies of scale and network effects they made possible.

TheAPIS is a developer-built platform that manages communications between DApps and blockchains via only a few simple APl calls, reducing the inherent complexity of blockchain protocols. The goal of their APISCore product is to manage these intricacies, to eliminate the entry barrier to dApp creation by connecting APIS to their conventional backend or even the No-Code/Low-Code app builder. The APIS empowers connectivity to multiple blockchains with the same API calls, rendering chain-agnostic implementations, with cost-free chain-switching. With cross-chain interoperability supported by APIS-Unified, projects have the capability to scale their products across various blockchains in a decentralized manner.

"We are excited to continue our synergistic relationship with BTX and are grateful for all they've already done for our current growth. We believe a future in which developers own equity in the databases that they make popular is a fairer and better future for the Web. BTX is fully aligned with us in our vision," said Calvin Pak, CEO of TheAPIS. BTX Capital is providing APIS with access to its investment, trading and advisory arms and is now in the process of connecting the network to prominent ventures and developers around the DeFi and Web3 communities.

BTX's tokens are fully locked for the following year, with the TheAPIS team reserving the right to extend the lock-up at any time over the following year. Both partners agreed that the optional extension can help ensure that incentives of the BTX and TheAPIS teams are fully aligned with TheAPIS community owners. "Our community owners are our highest priority shareholders, a non-negotiable feature of the journey of TheAPIS," Pak added.

Initially, TheAPIS would ensure that third parties are able to access data from Ethereum and Filecoin, and all other relevant blockchains with uptime guarantees. It is expected that more blockchains would be supported on the platform.

For more information, please visit the official websites.

About TheAPIS

TheAPIS offers a developer-friendly platform that serves as a turn-key solution for indexing and querying public blockchains, namely Ethereum and Filecoin. Open-sourced, developers will be able to create API packages that serve every category of blockchain applications – from DeFi to Oracle to File Storage. For more information, please visit TheAPIS official website: www.theapis.io

About BTX Capital

BTX Capital is a leading crypto investment bank offering technical consulting services across the blockchain spectrum. Its staff comes from listing departments for top crypto exchanges and top token funds. Through their consulting services on the offering of plans and personnel and their in-house marketing department, BTX Capital strives to provide the most effective services to empower top-tier blockchain projects to meet the demands of first-tier exchanges. For more information, please visit the BTX Capital official website: www.btxcap.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Singapore Fintech Festival and the Singapore Week of Innovation and Technology to feature world�s first 24-hour hybrid digital and physical event

SINGAPORE, Dec 3, 2020 – (ACN Newswire) – The Singapore Fintech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH), the world's first week-long round-the-clock, hybrid digital and physical event, will run from 7 to 11 December 2020. Organised by Monetary Authority of Singapore and Enterprise Singapore, the event will feature a unique hybrid format that combines a 24-hour online event platform with global satellite events around the world.

SFF x SWITCH 2020 will feature a digital city that will allow participants access to over 650 speakers from the global innovation and tech community, 150 content partners, 200 sessions to engage participants and more than 900 exhibitors on the Digital Singapore platform. Participants can access live content broadcasts running round-the-clock and on-demand sessions. Established speakers participating at SWITCH include:

– Dr Chi Youngcho, President and CIO, Hyundai Motor Group
– Timothy Draper, Founding Partner, Draper Associates
– Henry Ma, Executive Vice President and Chief Information Officer, WeBank
– Professor H.S. Philip Wong, Willard R. and Inez Kerr Bell, Professor of School of Engineering, Stanford University
– Albert, Co-Founder, Traveloka
– Ye Gang, Group Chief Operating Officer, Sea Ltd

The SWITCH Global Channel, curated by SWITCH's global innovation partners allows participants access to market knowledge, opportunities, insights and tips on business culture from over 42 cities in 31 countries across Africa, Asia (China, India and Southeast Asia), Europe, Middle East, North America and Northeast Asia & Oceania.

Another highlight of SWITCH is Asia's most exciting global startup competition, SLINGSHOT, happening from 7 to 9 December. The Top 100 global startups stand a chance to win over S$7.5 million worth of prizes, including resources such as office space, cloud credits and mentorship to help global startups take root in Singapore.

Key panels during SWITCH include:

> SWITCH Connect Channel

Co-Innovation in Smart Cities – Accelerated Through a Resource Integrator
(Hosted by CapitaLand)
Unique opportunity to learn how global companies – DHL, Kone and Schneider Electric – continue to innovate and co-innovate with partners to stay at the top of their game, and the role that the recently launched Smart Urban Co-Innovation Lab can play.

Deep Tech Summit: Deep Tech for a Post-COVID-19 World
(Hosted by SGInnovate)
With humanity facing pressing challenges in health, climate change, we want to explore the promise of deep tech to help our future economy and society be more resilient, liveable and sustainable, particularly as we begin to rebuild in the post-COVID-19 era.

The Rising Asian Founders
There's a fascination around entrepreneurs. Often characterised by an appetite for risk, overcoming odds and being the leaders of change in their generation. They are a diverse group of individuals who share the drive to risk it all while making the impossible possible. Tune in to hear the rising founders of Southeast Asia share their story on how they got to where they are today.

Why We Need 'Open Innovation' to Tackle the Biggest Global Challenges
(Hosted by UNDP)
In tackling our biggest challenges – from COVID-19 to climate change – we need to use the best of human talent, wherever it may be found. Open innovation is about collaboration and community: building talent, solutions, and partnership. Join us to hear more about how it's working in practice, and how you can get involved.

> SWITCH Global Channel

Market Access: Southeast Asia – The Diversity of Corporate Innovation in Southeast Asia
(Central Group, VNG Corporation, Dexa Group)
The unprecedented challenges arising from the pandemic presents opportunities for Southeast Asia's corporates to reimagine their operating models. Join us as we discover the diversity of corporate innovation in Southeast Asia.

Corporate Innovation in China
(Ericsson ONE, Boehringer Ingelheim)
In today's everchanging digital world, innovation is crucial. Find out from Patrik Sandin, Director of Ventures & Growth, Ericsson ONE and Hong Wa Poon from Boehringer Ingelheim, BIX China, about how the economic landscape has evolved, and the opportunities available in the corporate innovation space.

Germany Singapore Business Forum (GSBF) Connect X Switch 2020
The panel will shed light on how open innovation helps create growth opportunities and targeted solutions to address rapidly-evolving market demands. Participants can benefit from the practical insights of our guest speakers from Germany and Singapore on what to expect and how to get started on their own open innovation journeys.

Edges of Southeast Asia
(Deloitte, US-ASEAN Business Council, Economic Development Board (Singapore)
There's much more to Southeast Asia than what the headlines and numbers tell you. Hidden in plain sight are Edges – people, places, and platforms that are pushing against the boundaries and transforming Southeast Asia from the inside. Join leaders and experts from Deloitte, the US-ASEAN Business Council, the Singapore EDB and more, as we take an unflinching, refreshing look at Southeast Asia from its Edges, and discuss what they mean for the future of the region and the world.

Navigating the New Funding Landscape in India and Southeast Asia
(256 Network)
Catch the leaders of leading venture firms like Qualcomm Ventures, KB investment and B Capital as they share insights on the funding landscape in India and Southeast Asia.

For more information, please visit www.switchsg.org. You can register for SWITCH 2020 at www.bit.ly/32P2EQg.

About Enterprise Singapore

Enterprise Singapore is the Singapore government agency championing enterprise development. It also supports the growth of Singapore as a hub for global trading and startups. The agency attracts global commodities traders to establish their global or Asian home base in Singapore. Today, Singapore is a leading global trading hub with a complete ecosystem for the energy, agri-commodities and metals & minerals trading clusters. Singapore is also home to many global enterprises, startups and investors that operate in its robust pro-enterprise environment.

Enterprise Singapore builds trust in Singapore's products and services through quality and standards. Renowned for their dedication to quality and innovation, Singapore companies make ideal business partners. With Enterprise Singapore's global network in over 35 locations spanning many developed and emerging markets, it connects businesses with relevant Singapore companies for their business expansion. Visit www.enterprisesg.gov.sg for more information.

About SWITCH

The Singapore Week of Innovation & TeCHnology (SWITCH) is the leading tech festival for the Global-Asia innovation ecosystem. It is a one-stop platform where innovation meets enterprise, with access to global startups, investors, corporates, innovation community and ecosystem players. It focuses on these key industries – Health & Biomedical Sciences, Smart Cities & Urban Solutions, and Trade & Connectivity.

SWITCH is a week-long event featuring Exhibitions, Conferences, Workshops, Lab Crawls, and partner activities such as startups pitching competition, SLINGSHOT 2020, and open innovation platform, TechInnovation. Together with the Singapore FinTech Festival (SFF), SFF x SWITCH convened over 60,000 participants from 140 countries, hosted 569 speakers and 1,000 exhibitors in 2019.

SWITCH is supported by the National Research Foundation Singapore (NRF).
Find out more at http://www.switchsg.org/ and https://www.sffxswitch.com/.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tiger Broker Singapore’s Parent Company UP Fintech Sees 1 Million Customers Worldwide, Driven by More Than Triple Increase in Quarterly Account Openings in Singapore

SINGAPORE, Dec 2, 2020 – (ACN Newswire) – Xiaomi-backed Tiger Brokers Singapore today announced a 3-fold momentous growth in account openings during 3Q 2020 as compared to 2Q 2020. Tiger Brokers Singapore also saw an increase in trading value by 540 per cent as compared to 2Q2020. The Technology and Electronic Vehicles (EV) sectors has seen the most amount of interest with demand for companies such as APPLE, TESLA, NIO, due to investors' positive expectations for the companies in the long run.

This growth was driven by an increased interest in investing during this period, due to a digitally-driven lifestyle cultivated during the pandemic where more Singapore investors tried online trading. A recent report (e-Conomy SEA 2020) showed a regional trend towards the digitalisation in finance, where Investment Assets under management in the region is expected to grow to US$84 billion in 2025 at a Compound Annual Rate Growth (CAGR) of 32 per cent. The online trading platform launched in February this year, and 30 per cent of its users in Singapore aged between 18-24 years old.

Tiger Brokers Singapore also enhanced their platform during this period, providing access to top exchanges around the world for their investors. They launched access to the Singapore Exchange (SGX) and Australian Securities Exchange (ASX) in June and September this year, and coupled with an attractive low commission fee, allowing Singapore-based investors the ability to access more than 7 global exchanges for their investment needs. The fintech also taps on both traditional and digital communications methods to ensure that investors can contact them easily via landline and social media respectively.

Eng Thiam Choon, CEO of Tiger Brokers Singapore, shared, "2020 is a pivotal year for Tiger Brokers Singapore as we continue to capitalise on growing market opportunities catapulted by the increase in digital finance during the past few months. As we continue to see an increased number of investors who have recently adopted online trading, our team continues to ensure that both the online and mobile platforms offer superior functions and solutions to allow investors to be equipped with the necessary tools for a smooth trading process. We look forward to helping our clients expand their investment choices further with our holistic suite of products and access to additional markets in the near future."

"Our data also showed that our investors were aware of and were reacting to investment trends caused by COVID-19. Clients were generally cautious in investments after the worst of the volatility was over, as evidenced by relative account openings in November as we have recorded our best month in terms of client onboarding so far this year."

Tiger Broker Singapore aims to increase their platform users by 50 per cent by Q1 of 2021. To do so, they are constantly improving their platform's user experience by looking to add more products by early next year. They will also be participating at this years' Singapore Fintech Festival as a Silver Sponsor to share more information around the current investment climate.

Tiger Brokers Singapore taps on the expertise and insights provided by leading online brokerage firm, UP Fintech Holdings (UP Fintech) that focuses on global Chinese investors, to help drive fintech innovation in Singapore and Southeast Asia. UP Fintech's Q3 earnings shared a triple digital growth of 148.2 per cent y-o-y to US$38 million. The group also had a record high triple digital growth as trading volume reached US$62.8 billion while client assets also reached a new high of US$10.9 billion as of November 25, 2020, an increase of 188.1 per cent from a year ago.

The Tiger Trade mobile application is available for download on Apple App store (https://apps.apple.com/sg/app/id1023600494) and Google Play store (https://play.google.com/store/apps/details?id=com.tigerbrokers.stock).

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contract (CBBC) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on Australian, U.S., Hong Kong, Singapore and Australia stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX) and the Singapore Stock Exchange (SGX), Australian Securities Exchange (ASX).

Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under "TIGR" in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1 million customers worldwide currently, with a total trading volume of more than US$62.8 billion in Q3 2020. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com

This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Home of the Crypto Community, Holdex Implements the VerifEye Badge to Authenticate User’s Identity Using Blockpass

HONG KONG, Dec 1, 2020 – (ACN Newswire) – Blockpass' strategic partner, Holdex will be implementing the VerifEye Badge on its compliant ICO platform to authenticate users' identities that are verified by the Blockpass.

The partnership between Blockpass and Holdex started in 2018 through the integration of Blockpass' flagship KYC product, KYC Connect(TM) into the Holdex Platform. Blockpass then announced an investment in the same year to strengthen the relationship. Blockpass' seamless, compliant solution allows industrial grade due diligence process which synergizes Holdex's goal to provide a trustworthy tool for blockchain communities to filter account frauds and provide a flood-free environment within the Holdex platform.

"We see a lot of potential in Holdex, and we believe it's the future of crypto," said Adam Vaziri, Blockpass CEO. "Implementing programs like the VerifEye Badge encourages users to get verified which is imperative as there is a strong need to establish trust via reusable and verifiable digital identity solutions like Blockpass in the crypto space. Blockpass also enables a fast, secure and compliant onboarding experience for users on the platform which creates a win-win situation."

"In our observations, the crypto community and space have spam and fraud issues. In order to build trust within the blockchain community, Holdex implements the VerifEye Badge on our platform to confirm users who have the Blockpass KYC verification are real and legit," said Vadim Zolotokrylin, Holdex CEO, CTO and Co-Founder. "We are also considering additional functionality for users who have the VerifEye Badge, the badge will also become an important element of the Holdex Partner Program. And this cannot be done without Blockpass' support".

Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. Blockpass has recently announced a couple partnerships with various crypto platforms or fundraisers to provide identity verification solutions to them. With these partnerships in place, Blockpass' numbers of users also increases rapidly.

With Blockpass' unique, reusable nature of its verification method and its goal to bring KYC to as many people as possible in the current pandemic, Blockpass is now offering a 90%+ discount on its services. There has never been a better time to explore the potential of Blockpass and its service is available on different devices.

About Blockpass

Blockpass is a fast, fully comprehensive KYC & AML screening software-as-a-service for Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: sales@blockpass.org

About Holdex

Holdex is the home of Crypto. At Holdex we build user-satisfaction tools for Blockchain applications to automate their marketing and community-management. We also provide to Crypto users a community-curated knowledge market with all their favorite Blockchain apps. Crypto users can deepen their involvement in Crypto by browsing our knowledge market and participating in discussions. At Holdex, we strive to make the Crypto community ever stronger and closer so that together we can accelerate Blockchain adoption and finally make the world a more open and inclusive place.

Website: https://holdex.io/home
Twitter: https://twitter.com/holdexio
Telegram: https://t.me/HoldexHQ
LinkedIn: https://www.linkedin.com/company/holdexlimited/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com