TOKYO, Oct 28, 2021 - (JCN Newswire via SEAPRWire.com) - NTT Corporation and NEC Corporation have developed Security Transparency Assurance Technology, which is the core technology for realizing the Trusted Network Concept. Security Transparency Assurance Technology, which aims to reduce supply chain security risks, ensures security transparency throughout the supply chain by sharing system configurations and risks of network devices and information systems that constitute ICT infrastructure, including the Fifth Generation Mobile Communication Systems (5G), private 5G, and Innovative Optical and Wireless Networks (IOWN(1)). Figure 1: Security Transparency Assurance Technology Overview and BenefitsNTT and NEC entered into a capital and business alliance in June 2020 for the purpose of joint research and development and the global rollout of ICT products utilizing innovative optical and wireless technologies(2), and are developing internationally competitive products and technologies. This initiative is a part of the alliance. The latest results of this technology will be exhibited in the NTT R&D Forum - Road to IOWN 2021(3), which is scheduled to be held from November 16 to 19 in 2021.1. BackgroundAs the digital transformation (DX) of society and industry accelerates, supply chain security risks, such as intrusions of unauthorized software (malware, etc.) through the supply chain related to procurements, maintenance, and operations of network devices and information systems constituting the ICT infrastructure, and unauthorized intrusion into networks and information systems through organizations with weak cybersecurity facilities, have become apparent. As a risk countermeasure, the suppliers of network devices and information systems (e.g., network device vendors, system integrators, etc.) in the supply chain work to ensure and confirm security for customers. At present, however, it is technically difficult to detect and confirm security risks and we have to rely on the trust between the suppliers and the customers.2. TechnologySecurity Transparency Assurance Technology, which is at the core of the realization of trusted networks, is a technology that ensures transparency regarding the security of ICT infrastructures by sharing information (hereinafter referred to as "device information") that visualizes the configuration and risks of communications devices and systems that constitute ICT infrastructure. Security Transparency Assurance Technology features the following:1. Visualizes software configurations in network devices continuously through the supply chain (e.g., manufacturing, shipping, deployment and operation) and generates device information including the inspection results, the presence of backdoors and illegal components.2. Device information enables high-quality risk analysis and monitoring based on its completeness and accuracy, and the transparency of device information is maintained at a high level through continuous updates of it.3. Sharing device information among organizations that form the supply chain makes it possible to take countermeasures against security risks, to take advantage of transparency and to improve security at all phases and through all organizations in the supply chain. This technology is supported by the following elemental technologies possessed by NTT and NEC. NTT - Configuration analysis technology for visualizing software configuration of devicesNEC - Backdoor inspection technology to detect illegal functions in device softwareNEC - Automated cyber-attack risk assessment technology for visualizing attack routes in systems(4)Using this technology, customers can check the presence of suspicious components by referring to the device information during procurement and operation(5), and suppliers can explain the risk of contamination with unauthorized components objectively. In addition, customers can take prompt action by identifying risks and impacts using device information when a new software vulnerability is found.3. Future DevelopmentWe are planning to carry out technical validation using this technology through private 5G within fiscal 2021 to verify the effectiveness of each elemental technology and identify issues. Furthermore, we aim to set up a consortium of players involved in the construction and operation of trusted networks, such as communication device vendors, system integrators, and user companies. By utilizing this technology, we will establish countermeasures for supply chain security risk that is difficult by a single player.(1) IOWN (Innovative Optical and Wireless Network) A future communication infrastructure that supports a smart world and utilizes the latest optical and information processing technologies.URL: https://www.rd.ntt/e/iown/(2) Alliance for Joint Research and Development and Global Rollout of ICT Products Utilizing Innovative Optical and Wireless TechnologiesURL: https://group.ntt/en/newsrelease/2020/06/25/200625b.html(3) NTT R&D Forum - Road to IOWN 2021URL: https://www.rd.ntt/e/(4) Technology provided by NEC to visualize system security risks and the effects of countermeasures.Cyber Attack Route Assessment ServiceURL: https://jpn.nec.com/press/202106/20210629_01.html(5) This makes it possible to easily respond to supply chain security requirements (security inspection at device procurement and operation, risk reduction, etc.) in guidelines set by government agencies in various countries.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
Istanbul, Turkey / SEAPRWire / October 18, 2021 / – CSPro Chain is excited to announce the launch of its smart chain token, CSPRO. CSPRO is a token of the BEP-20 standard in the Binance smart chain network with a unique algorithm and technical functions. It was developed as a fully decentralized application (DApp). The main task that CSPRO sets itself is to make mining accessible for all people on the planet regardless of their place of residence and access to cheap electricity. CSPRO’s Presale This Presale will last 21 days. And it consists of 7 phases. Note that each Phase will last 3 days and the price will gradually go up. Phase 1 | 0.4 $ 1250000 CSPro tokenPhase 2 | 0.5 $ 1500000 CSPro tokenPhase 3 | 0.6 $ 1800000 CSPro tokenPhase 4 | 0.7 $ 2000000 CSPro tokenPhase 5 | 0.75$ 2250000 CSPro tokenPhase 6 | 0. 8 $ 2500000 CSPro tokenPhase 7 | 0.85$ 3000000 CSPro token Referral Code The user will receive 5% of the USDT amount used to purchase CSPRO using the referral code and this is only for the first level. Airdrop has started on telegram already. Anyone can participate for a chance to win more CSPRO Tokens. Right after the Presale ends, CSPRO Chain will list CSPRO on pancake swap exchange platforms. Features about CSPRO token 1. Proof of Active: Proof of Active or Proof of Activity is a mining algorithm that represents the situation where the equipment for mining is turned on and active (i.e connected to the internet) to receive rewards. 2. Memo Feature: People using cryptocurrencies usually have more than one exchange account. For example, exchange A has two members named Mark and Racheal. Mark sends 1.5 BTC to his BTC address on the exchange and 0.5 BTC to Racheal. Exchange A cannot know whether these BTC deposits came from Mark or Racheal because it has one shared account for all users. That is why to differentiate Mark’s funds from Racheal assets, Exchange has to open a separate BTC account for each member. It requires an extra fee and a lot of effort. That is why Exchange users have to pay so high commissions to work on exchange. 3. Reverse Halving and Reward Distribution: When the reward block is found in accordance with the CSPRO algorithm, active miners are required to sign the contract. Miners must be constantly connected to the Blockchain network through a mining program. To prove this, they must do the signing process. Signing is restricted to 300 blocks. Miners who do not sign 300 blocks are rejected in transactions because they do not match the conditions of Proof of Active consensus. 4. Green Mining: The Green Mining concept, which is friendly to nature, people, and energy resources, allows users to mine with minimum cost. Users can easily mine without purchasing expensive equipment and paying high electricity bills. A minimum of 5000 CSPRO must be staked to the CSPRO smart contract in order to mine. And after that, the miner may receive rewards for 90 days. In order to continue mining at the end of 90 days, Staked Tokens must be withdrawn from the contract and restaked. CSPRO has an ecosystem that consists of; Personal MiningMining PoolsCSPRO foundationCSPRO Academy Personal Mining: This is the action whereby users stake CSPRO Token into a contract and be a miner over their Personal Computer or virtual server. With a sufficient amount of staked CSPRO Token and a computer connected to the internet, anyone can do personal mining. Pool Mining: users who cannot keep their computer turned on continuously or have internet connection problems can use this method. All they need to do to mine is to cooperate with other users when they stake enough CSPRO Tokens. CSPRO Foundation: This is a non-governmental organization that will be set up for the CSPRO project to operate more effectively in the field of social responsibility and software development areas. The goal is to continue the development and improvement of the blockchain to ensure its development CSPRO Academy: It is an educational program that aims to produce quality content by operating in digital media, especially Youtube and with university clubs, which was established to inform everyone who is interested in the crypto industry and to heighten their experience, whether they own a CSPRO token or not. ROADMAP ICO Crypto is developing a global data-driven platform for the world. This is powered by blockchain and smart contracts. A detailed road map is published on the presale website for you to read. About CSPro Chain CSPro Chain is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency CSPRO, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users. Don’t forget that pre-sale will start the 20 october 2021. As mentioned above; Prices of each phase are already listed but the opportunity to gain more tokens comes when purchases are made within the first periods and a referral code of 5% of the purchased amount is given in USDT. Social media Instagram: https://www.instagram.com/csproofficial Twitter: https://twitter.com/CsProOfficial?s=09 Facebook: https://www.facebook.com/CsProOfficial/ Telegram: https://t.me/joinchat/r3Hug-GU6k02ZDRk Discord: https://discord.com/channels/@me Youtube: https://www.youtube.com/channel/UCmpgu8O6WS4Y5fiW33ms5hQ Reddit: https://www.reddit.com/user/CsProChain LınkedIn: https://www.linkedin.com/company/csprochain/about/ Medium: https://medium.com/@csprosocial Media Contacts Company: CSPro Chain Contact: Marketing team Email: support@csprochain.net Website: https://csprochain.net/ SOURCE: CSPro Chain The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
HONG KONG, Oct 18, 2021 - (ACN Newswire via SEAPRWire.com) - Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 11th Asian Logistics, Maritime and Aviation Conference (ALMAC) will be held on 2 and 3 November at the Hong Kong Convention and Exhibition Centre (HKCEC). The event will be held in a hybrid format, with both physical and online elements, for the first time.Dr. Patrick Lau, HKTDC Deputy Executive Director and Frankie Yick, Chairman of the HKTDC Logistics Services Advisory Committee and Legislative Councillor of Hong Kong for the Transport constituency unveiled details at today's press luncheon.Running under the theme "RESILIENCE . AGILITY . SUSTAINABILITY Reshaping the Global Supply Chain", the annual signature event for maritime, air freight, logistics and supply chain management, and shippers will examine the major factors currently influencing the global economy, looking at how the COVID-19 pandemic, digital transformation and geopolitical tensions are reshaping the global supply chain and discussing both opportunities and risks for businesses, including the issue of sustainable development.ALMAC brings together participants from maritime, air freight, logistics and supply chain management industries as well as shippers to get market insights, exchange market intelligence and explore business opportunities. Industry representatives can take part in the event at the main venue in Hong Kong or satellite venues in Beijing, Guangzhou, Chengdu, Chongqing and more. In addition to running a live broadcast of the conference, some of the satellite venues will invite experts to address logistics issues and experiences from a more local perspective and enable participants to enjoy face-to-face exchanges and business matching activities at the same time. It is expected that the conference will attract more than 10,000 industry participants from over 50 countries and regions."This year's ALMAC will focus on the prospects for global recovery, examining issues such as geopolitical tensions, regional collaboration and new opportunities under China's 14th Five-Year Plan. It will also highlight the new trade order and evolving intermodal networks in the Asia-Pacific region, e-commerce trends, the post-pandemic evolution of the retail industry, along with the development of a sustainable supply chain and digital transformation trends beyond 2021. The conference continues to connect the global industry through a powerful online platform without boundaries and will give participants a deeper understanding of the current industry situation and help them capture new opportunities. These issues will impact the logistics industry as well as shippers. I would encourage all shippers, including traders, exporters and manufacturers, to join the conference to understand the issues and get insights on how to deal with them," said Patrick Lau, HKTDC Deputy Executive Director.Exploring the current business landscapeMore than 60 industry experts will speak in person or virtually over the two days of the conference. In the Power Dialogue session on day one (2 November), with discussion on how shippers and big industry players are adjusting to the post-pandemic era; and how regional supply chain networks are expected to evolve in the coming years.Capturing GBA opportunities and the future for smart air cargoWith its modern and sophisticated aviation hub and factors such as its simple and fast customs clearance procedures, Hong Kong's air cargo transport sector has developed into one of the world's major players. Despite the severe impact of the pandemic on global air freight activities over the past year, international cargo traffic through the Hong Kong hub has remained resilient. Through the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the city looks set to play an important role in the future development of aviation and logistics in the region. On the first day of the conference, the Air Freight Forum (Part I) will explore ways for companies to capitalise on GBA-focused opportunities.The demand for air cargo remains buoyant as world trade continues to gain momentum, particularly in the e-commerce sector. However, the air freight industry has lagged behind in digitalisation and its efficiency not only needs to evolve to meet booming demand for e-commerce, perishables and specialty cargo shipments, but must also adapt to accommodate shifting supply lanes amid changing trade environments and evolving consumer expectations. This is creating significant logistics challenges and the digitalisation of air cargo management has become key to the industry's progress. The Air Freight Forum (Part II) will examine the future for smart air cargo.Hong Kong's changing role as international maritime centreIn a period of increasing global competition, Hong Kong continues to provide high-value-added maritime services. Various measures have been introduced, including ship leasing and maritime insurance, as well as support measures for the maritime arbitration and training sectors. Moreover, the Belt and Road Initiative and development of the Greater Bay Area are expected to create enormous opportunities for all commercial sectors, including shipping. The Insight Exchange session will discuss Hong Kong's future prospects as a premier international maritime centre.Exploring topical issues from e-commerce to net-zero emissionsAs lockdowns became the new normal, businesses and consumers increasingly "went digital" in response. Amid the challenges in the global economy, the pandemic helped to accelerate the growth of e-commerce worldwide. At the same time, merchants have been facing a raft of logistical challenges. In the Power Dialogue session on day two of the conference (3 November), speakers will focus on some of the post-pandemic megatrends in the e-commerce arena.Another key issue to address is sustainability, with many governments around the world now committed to achieve net-zero carbon dioxide emissions by 2050. In the final Power Dialogue session, titled "Beyond 2050: Quest for a Zero-carbon and Sustainable Supply Chain", speakers will explore how the global supply chain will play an important role in meeting the net-zero challenge.Brand-new session allows real-time interactionThe Exclusive Dialogue sessions will look into the challenges faced by shippers and share how corporations can develop new business models, operations and measures to minimise disruptions and risks. These new sessions will allow local participants to interact with conference speakers face-to-face.InnoTalks and MarketTalks return to examine industry issuesThe InnoTalks and MarketTalks sessions both return in 2021, with the former featuring smart port development in the Asia-Pacific region, supply chain optimisation via efficient international payments, and how logistics platforms can create efficiencies and sustainability for all stakeholders, helping conference participants keep abreast of technological developments in the industry. With logistics service users encountering various kinds of hindrances while conducting foreign trade, the MarketTalks sessions will feature key industry players from Malaysia, Shandong and Shaanxi Province and Chongqing City to provide the latest market insights and opportunity analysis, guiding attendees to explore business opportunities in the logistics ecosystems.The ALMAC Online platform provides several interactive opportunities to connect industry players. Among them, the "Meet the Experts" roundtable will be conducted in both online and physical formats, inviting shippers and logistics service providers to participate to create more cross-industry interaction and discussion and provide participants with feasible insights and practical suggestions, helping to address some of the current supply chain challenges.The seminars and forums will bring together a range of noted speakers, including (in alphabetical order according to family name):- Tony Domingo, Senior Vice President, Group Supply Chain and Procurement, Nestle China- Raymond Fung, Director of Trades, Orient Overseas Container Line Ltd- Frosti Lau, Chairman, HKIA Air Cargo Carrier Liaison Group- Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific- Robin Li, Vice President, China Merchants Port Holdings Co Ltd- John Parkes, Managing Director - Integrated Logistics, Kerry Logistics Network- Joseph Phi, Group CEO, Li & Fung- Mark Slade, Managing Director, DHL Global Forwarding Hong Kong & Macau- Brendan Sullivan, Global Head of Cargo, International Air Transport Association- James Zhao, General Manager of Global Supply Chain, Cainiao NetworkFlagship event of Hong Kong Maritime WeekALMAC is a flagship event of Hong Kong Maritime Week, organised by the Hong Kong Maritime and Port Board. The conference is supported by the Hong Kong Logistics Development Council and Hong Kong Maritime and Port Board. The HKTDC invited 20 global leaders from the logistics and shipping industries, along with representatives from internationally renowned companies, to serve as honorary advisors on setting the agenda and content of ALMAC.Members of the media wishing to interview speakers can email interview requests to clayton.y.lauw@hktdc.org or christine.kam@hktdc.org by 28 October. For the latest programme and speaker list, please visit: https://www.almac.hk/main/en/.Photo download: https://bit.ly/3vkqfp4About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiries:HKTDC's Communications & Public Affairs DepartmentChristine Kam, Tel: +852 2584 4514, Email: christine.kam@hktdc.orgClayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Sep 27, 2021 - (ACN Newswire via SEAPRWire.com) - In recent years, the logistics and supply chain industry has ushered in many important capital events, with a lot of companies went public in fields like express, supply chain, freight platform, aviation logistics and automatic driving. As a comprehensive fund covering multiple industries and fields, Legend Capital has already made a long-term and systematic investment layout in the field of logistics and supply chain. According to public information, Legend Capital has invested in more than 10 companies in such field, including Milkyway (603713.SH), Eastern Air Logistics (601156.SH), JD Logistics (2618.HK), Hichain Logistics (300873.SZ), China Southern Cargo, FOR-U Smart Freight, SF Freight, SF Intra-city and Yanwen logistics, among which SF Intra-city and Yanwen logistics have filed for IPOs in the Hong Kong and Mainland China, respectively.Based on nearly a decade of experience, Legend Capital has already built an accomplished framework and investment system in the field of logistics and supply chain. It also divides the business into three stages, and identifies different investment opportunities in each stage.Stage 1.0 "Logistics": The essence of this stage is how to transport cargo at low cost and high efficiency based on the needs of consumption or manufacturing industry. In terms of investment in the logistics field, Legend Capital not only pays attention to the incremental market opportunities brought by changes in business flow, scene, technology and policy , but also actively looks for special opportunities such as spin-off, M&A and mixed ownership reform; Stage 2.0 "Supply Chain Service": On the basis of fulfilling transportation needs , Legend Capital looks for enterprises with intelligent supply chain service that could provide value-added services such as raw material procurement, warehousing, finished product distribution and after-sales, and hence achieve the goal of "full link, agility, efficiency, reliability"; Stage 3.0 is to use the concept of "digital transformation, collaborative delivery and platform development" to build industrial Internet.With around ten-year-experience, Legend Capital's investment strategy of logistics and supply chain mainly focuses on the infrastructure related to consumer goods, retail distribution, industrial manufacturing, and medical health. Unlike other funds and investment institutions, Legend Capital, on the basis of long-term, comprehensive and in-depth research on the industry, selectively invests in excellent companies with huge industry influence. Besides, Legend Capital empowers enterprises by using the ecological resources of investment enterprises and its value-added services. Under the guidance of long-term value, Legend Capital also advocates and promotes the communication and cooperation among its portfolio companies to create more opportunities on win-win cooperation.Legend Capital thinks highly of bringing long-term value and value-added services to its portfolio companies. Richard Li, the President of Legend Capital, said: "Logistics and supply chain investment has entered the critical period, and there will be more cross-industry investment opportunities. We have a lot of cooperation with leading enterprises in various industries. When opportunities arise, we have enough experience to support them to grow from BU (business unit) to independent company. "According to Legend Capital, the logistics and supply chain industry has entered a new stage with information technology empowers various industries. Meanwhile, the new market conditions will generate new traffic and new data, which brings new demands for new kind of resource integration and delivery methods. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Sep 22, 2021 - (ACN Newswire via SEAPRWire.com) - The Westar team, the pioneer of blockchain infrastructure, announces that Starcoin, the world's first finished public chain developed using Move language, was officially launched.Move language is a smart contract language developed by Facebook specifically for Libra. Its primary goal is to manage the state of digital assets. It will also play an essential part in the Metaverse development and a tremendous creative experiment in the realm of blockchain. Even though the developers could envision the future of the Move language, they couldn't imagine it at the time. Starcoin pioneered the first permissionless public chain to support Move in less than two years, ushering in a new era. Style evolution.A thorough analysis of the Move language and its smart contracts by the Starcoin team has led them to believe it will be a key component of the future blockchain ecosystem. Digital assets are first-class citizens in Move's design. When utilized as variables in smart contracts, digital assets may also be used as parameters, return values, and other inputs. While compiling, the security check for the compiler is made easier by the language's static type. As a result, the smart contract's security may be enhanced by checking "resources" for errors before release. It's not only that the Move language is naturally compatible with digital asset security, but it may also act as a firewall against assaults on the public chain. This puts the Starcoin created on the Move language at the forefront of security and performance.The Westar team said that in addition to innovation, creating the necessary conditions for developers is a must. At present, Starcoin has established a simple financial infrastructure to serve ordinary users, so that everyone can participate in the deployment contract, create digital assets, develop DeFi applications and so on. This financial infrastructure realizes an open permissionless public chain and has been developed and used for developers. In the first online Starcoin Move Hackathon Competition which closed recently, Starcoin attracted more than 30 project teams from around the world to build DApps based on the Move contract in Starcoin chain. In addition, Starcoin launched the first Move developer community, which attracted more developers to feel the charm of Move language to build a Starcoin ecosystem. It is said that Starcoin's new Move Hackathon Competition is being prepared. All high-quality technical teams will be supported by STC tokens of Starcoin foundation.As a safe and smart contract operation platform with financial system genes, Starcoin has been able to embody all the market imagination for a decentralized world. Whether Starcoin tries NFT or Swap it will be implemented soon, and these have brought more possibilities and hopes to the industry. Although Starcoin is still very young, DApp led by Move smart contract will be an important development direction in the future. The prosperity of public chains is becoming a reality. Starcoin will leave an indelible record in the history of blockchain development.Contact:Tim, Westar LabsEmail: tim@westar.ioTwitter: https://twitter.com/StarcoinSTC(@StarcoinSTC)Website: https://westar.io/, https://starcoin.org/Westar, a pioneer of hierarchical blockchain, was founded in 2018 to create next-generation hierarchical blockchain and financial infrastructure. Through advanced technology and engineering capabilities, we build our products and basic network, thereby reducing dependence on trust and improving the efficiency of financial markets. For the blockchain ecology, we use hierarchical blockchain technology to ensure security and processing speed to achieve the purpose of commercial use. And through an open financial network, change the world and change the lives of ordinary people. (westar.io) Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
SHANGHAI, CHINA, Sep 15, 2021 - (ACN Newswire via SEAPRWire.com) - On September 13, 2021, Hua Medicine (Shanghai) Ltd. (the "Hua Medicine", Stock Code: 2552.HK) has signed a supply chain strategic cooperation agreement with Sinopharm Group Co., Ltd. (the "Sinopharm", Stock Code: 1099). Under the agreement both companies will cooperate more closely in logistics warehousing, supply chain management and channel data analysis, and will jointly promote the commercialization of Hua Medicine's global first-in-class glucokinase activator (GKA), dorzagliatin, for its market launch in China. Dr. Li Chen, Founder and CEO of Hua Medicine, Ms. Wenjie Xu, Vice President of Commercial Strategy and Marketing, Mr. Yong Liu, President of Sinopharm, and Mr. Xudong Zhou, Vice President of Sinopharm attended the signing ceremony.The strategic cooperation with Sinopharm is an important step for Hua Medicine to accelerate the deployment of commercialization and the launch of dorzagliatin in the market. Benefiting from the advantages of both Hua Medicine's pharmaceutical innovation capability and Sinopharm's channel network, supply chain system and logistics resources, the cooperation will further enhance the accessibility of dorzagliatin including improving the access of medicine to patients and expanding channel coverage in the market, so as to benefit more Chinese patients and promote accurate treatment of diabetes with full life cycle management. At the same time, this cooperation will also fully align with the "Healthy China 2030" strategy. According to the agreement, Sinopharm will make use of its advantages such as its nation-wide channel network and supply chain resources in China to provide professional pharmaceutical logistics services for Hua Medicine. Hua Medicine will rely on Sinopharm's nation-wide drug distribution network to carry out in-depth cooperation in supply chain management. On this basis, both companies will expand the possibility of further cooperation in channel informatization and other aspects.Since last year, there have been several great news about the commercialization of Hua Medicine's new drug. In August 2020, Hua Medicine and Bayer AG, a global biopharmaceutical company and the leader in the field of diabetes treatment in China, established a strategic partnership to commercialize dorzagliatin in China.In September 2020, the Company obtained the drug manufacturing permit for dorzagliatin and completed the requisite work for its commercial production. In December 2020, the Company entered into a commercial production and supply agreement with Raybow Pharmaceutical, the subsidiary of Zhejiang Jiuzhou Pharmaceutical. In March 2021, Hua Medicine submitted New Drug Application (NDA) of the first glucokinase activator dorzagliatin for type 2 diabetes (T2D) patients, and this application has been accepted by the China National Medical Products Administration (NMPA) in April. In addition, Hua Medicine has established a manufacturing company to be based in the Shanghai Lingang Special Area to ensure adequate market supply for dorzagliatin.Sinopharm is a leading distributor and supply chain service provider of pharmaceuticals and healthcare products in China, with a leading position in both wholesale and retail pharmaceutical markets. Sinopharm has more than 1000 branches and subsidiaries, covering 31 provinces and 388 prefecture-level cities across the country. Sinopharm also has professional marketing teams and services, realizing the full coverage of medical logistics in urban and rural areas in the whole country."We are very pleased to become a strategic partner with Sinopharm. This is of great significance for Hua Medicine's commercialization efforts. At present, the number of patients with T2D in China has reached approximately 120 million, and diabetes treatment has become a major health challenge affecting the health of many Chinese nationals. In the past 10 years, Hua Medicine aims to cure diabetes and has transformed the scientific concept of "Repair the sensor, restore homeostasis, and treat the underlying cause of diabetes" into a breakthrough drug for T2D patients. We are looking forward to work closely with the leading pharmaceutical distribution companies like Sinopharm to form a strong network capacity in logistics and distribution, so as to bring the world's first new drug, dorzagliatin, to Chinese patients as soon as possible." said Dr. Li Chen, founder and CEO of Hua Medicine."We are very glad to witness the strategic cooperation between Sinopharm and Hua Medicine, opening a new chapter on our cooperation. Sinopharm always adhere to our company philosophy of "All for Health, Health for All". In recent years, Sinopharm continue to innovate and build up the new ecosystem of the smart pharmaceutical and supply chain, improving the efficiency of supply chain. As the largest wholesaler and retailer of pharmaceutical and medical devices and healthcare products, and a leading supply-chain service provider in China, there are great potentials for our cooperation with Hua Medicine." said Mr. Liu Yong, President of Sinopharm.About DorzagliatinDorzagliatin is an investigational first-in-class, dual-acting glucokinase activator, designed to control the progressive, degenerative nature of diabetes by restoring glucose homeostasis in patients with Type 2 diabetes. By addressing the defect of the glucose sensor function of glucokinase, dorzagliatin has the potential to restore the impaired insulin and GLP-1 secretion of patients with Type 2 diabetes and serve as a cornerstone therapy targeting the root cause of the disease. Two Phase III registration trials for dorzagliatin monotherapy and the combination of dorzagliatin and metformin have been completed in China, as well as studies on drug mechanism synergy with sitagliptin (DPP-4 inhibitor) and empagliflozin (SGLT-2 inhibitor). The Company has obtained the "Drug Manufacturing Permit" of dorzagliatin issued by the Shanghai Municipal Drug Administrative Bureau, and has submitted its NDA to the National Medical Products Administration, so as to realize the "First in Global, Start from China" mission objective for the benefit of diabetic patients worldwide.About Hua MedicineHua Medicine is a leading, innovative biotechnology company in China focused on developing novel therapies for diseases with unmet medical needs. Founded by an experienced group of entrepreneurs and international investment firms, Hua Medicine advanced a first-in-class oral drug for the treatment of T2DM into NDA stage and it has successfully completed two Phase III registration trials in China for dorzagliatin. The Company has initiated product life-cycle management studies of this novel diabetes therapy and advanced its use in personalized diabetes care. Hua Medicine is working closely with disease experts and regulatory agencies in China and across the world to advance diabetes care solutions for patients worldwide. Hua Medicine is listed on the Stock Exchange of Hong Kong Limited (stock code: 2552.HK)About Sinopharm GroupSinopharm Group was established in January 2003 and listed on The Stock Exchange of Hong Kong Limited (stock code: 01099. HK) in September 2009. It is a core subsidiary of China National Pharmaceutical Group Co., Ltd. and is the largest wholesaler and retailer of pharmaceutical and medical devices and healthcare products, and a leading supply-chain service provider in the PRC.For more informationHua MedicineWebsite: www.huamedicine.comInvestorsEmail: ir@huamedicine.comMediaEmail: pr@huamedicine.comPorda Havas International Finance Communications GroupMr. Bunny Lee +852 3150 6707 bunny.lee@pordahavas.comMs. Louisa Chen +86 75523807432 louisa.chen@pordahavas.comMs. Karen Chiu +852 3150 6726 karen.chiu@pordahavas.comMs. Winnie Tan +852 15915975512 winnie.tan@pordahavas.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Sept 1, 2021 – (ACN Newswire) – The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 8th and end on the 13th of September, lasting six days with an action-packed agenda that should last around 4-5 hours per day. Dubbed the “Binance Smart Chain 1st Anniversary in Dvision Metaversarve”, the event will be co-hosted with 30 notable projects in the GameFi and NFT space built on the BSC ecosystem, including StepHero, Alpaca Finance, MyDefiPet, Cryptoblades, Bunny Park, Faraland and many others, that are disclosed in their event page. The metaverse event will be conducted in the special Binance Hall built inside of the Dvision World. The BSC anniversary is expected to offer various activities, in-game events and airdrops sponsored by participating projects. Attendees will be able to participate in-game quizzes, get their groove on during the dancing event at the conference hall, and chase randomly spawned characters in order to be rewarded by unique NFT items and partner tokens. Last but not least, the “Digging the Earth” event will allow anyone to shovel certain areas during the event to earn partner rewards. Overall, it is expected to be a highly rewarding anniversary celebration both for partnering projects and attending members. The presence of different in-game activities ensure the interactiveness of the BSC anniversary, that will also be accompanied by high-level panel sessions and presentations. Unique Metaverse Conference The Binance Smart Chain 1st anniversary on Metaverse continues the next generational trend of metaverse-based conferences. Attendees will be able to leverage innovative features for a unique experience throughout the conference duration. The conference will also showcase some of the best projects that have launched products within the Binance Smart Chain ecosystem. Some of these projects have partnered with Dvision Network for the conference. They include Splinterland, an NFT card trading and gaming platform on the BSC network. Many in the blockchain gaming space will also meet there X World Games (XWG) a decentralized gaming ecosystem that is available on Ethereum and Binance Smart Chain. Long time technological partner of Dvision, Curvegrid, which is a blockchain project that develops a unique MultiBaas blockchain application server that makes it easier and less expensive to build business applications on the blockchain. Dvision Network used CurveGrid’s MultiBaas solution to build a cross-chain bridge when it migrated its protocol to BSC earlier in the year. Another notable team, MyDeFiPet, a virtual pet game that combines DeFi, collectibles on BSC and KardiaChain will be present in the event. Other partners include Alpaca Finance, Liquidifty, Bunny Park, BabySwap, and many more. The previous events held on the Dvision Metaverse recorded good turnout and the Binance Smart Chain anniversary is expected to exceed previous numbers due to the popularity of the blockchain protocol. To join the attendees in this virtual event, users can now pre-register to get notified when access to the BSC Anniversary Hall will be available. About the Binance Smart Chain Binance Smart Chain (BSC) was launched roughly a year ago to provide an affordable and efficient smart contract solution for the decentralized finance (DeFi) and Non-Fungible Token (NFT) industry. Since then, the smart contract ecosystem has garnered extreme success and has become the home of multiple DeFi and NFT projects. About Dvision Network Dvision Network is a blockchain-based metaverse that allows users to create avatars and participate in a virtual ecosystem. Users can create NFTs without prior knowledge or experience by leveraging the tools made available within the Dvision Network metaverse. The platform is powered by the DVI utility token, which is traded on major centralized and decentralized exchanges. Dvision Network was initially built on Ethereum and further connected to the BSC via the MultiBaas Bridge. BSC users can trade and exchange the BEP-20 version of the DVI token on popular BSC DEXs like PancakeSwap. Media Contact:Name: Boburjon MuydinovEmail: official@dvision.networkCompany: Dvision Network
YOKOHAMA, Japan, Aug 30, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, is embarking on a project to develop a commercial-scale supply chain for sustainable aviation fuel (SAF) derived by wood biomass gasification integrated with FT synthesis technology(1). The project will be carried out jointly with JERA Co., Inc., Toyo Engineering Corporation (TOYO), and ITOCHU Corporation.The project has been selected by the New Energy and Industrial Technology Development Organization (NEDO) following its call for participation in its "Biojet Fuel Production Technology Development Project", which also targets construction of a demonstration supply chain model. The four consortium partners will jointly study the conditions, measures and technical issues necessary to achieve early supply of wood biomass-derived aviation fuel, to support future SAF supplies in the domestic market. The entire project period is about 4 years from FY2021 to FY2024. The consortium will conduct a feasibility study for approximately 2 years from FY2021. Then it will move on preparation phase for a demonstration plant and the establishment for supply chain after evaluating the result of the feasibility study.Mitsubishi Power, JERA and TOYO have already demonstrated continuous SAF production by gasification FT synthesis on a pilot scale under a NEDO-commissioned project(Note2). carried out from FY2017 through FY2021, and the produced SAF was supplied for use on a Japan Airlines commercial flight on June 17, 2021. Going forward, the knowledge accumulated in the demonstration project will be applied toward establishing the entire supply chain, including feedstock procurement, production technology and product supply.Mitsubishi Power has technologies and expertise in coal and biomass gasification accumulated since the 1980s. Applying these assets, the Company has already demonstrated its ability to utilize normobaric oxygen / steam-blown entrained bed gasification - the core technology in the pilot-plant demonstration phase - to stably and efficiently supply gas ideally suited for liquefied fuel synthesis on a long-term basis. Moreover, because the gasification furnace features a simple structure, expansion to commercial scale can be achieved easily.Going forward, Mitsubishi Power will continue working closely with its three consortium partners toward demonstration of biojet fuel production technology and the establishment of a supply chain model. By achieving reduction in greenhouse gas emissions caused by jet fuels, the Company will contribute to mitigating the aviation industry's impact on the global environment.(1) Gasification and FT (Fischer-Tropsch) synthesis technology: a technology whereby solid materials such as wood cellulose are reacted with water vapor and a small amount of oxygen in a gasifier to produce carbon monoxide and hydrogen (gasification), which are then synthesized into liquid hydrocarbons (fuel) in an FT reactor using a catalyst (Fischer-Tropsch Process).(2) Project summary: https://www.nedo.go.jp/english/activities/activities_ZZJP_100127.html Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Aug 27, 2021 - (ACN Newswire via SEAPRWire.com) - Business strategy conforms to national policy, and drive an in-depth upgrading in the second phase of "Home Living"GOME (493.HK) accelerated the implementation of the second phase of "Home Living" strategy in the first half of 2021, with focus on technology retailing and digitalized empowerment. The Company put full efforts in creating integrated online and offline operations under the philosophy of user-oriented, platform-based operation, technology innovation and closed-loop development. These initiatives were positioned to construct GOME's new retailing ecosystem and echo proactively to China's strategic direction of driving an acceleration in the development of new consumption.China has stepped up efforts to tackle monopoly and improper competition since the beginning of the year, with a view of creating a fairer and healthier business environment and room for development of the industry. Meanwhile, a number of policies for promoting consumption and stimulating domestic demand have been introduced, thereby significantly alleviating the impact of the COVID-19 pandemic on the retail industry. GOME has improved its retail service capabilities substantially by continuously optimizing its dual-platform new retail ecosystem with its leading edges in precision supply chain management, nationwide logistics network and professional services. During the Reporting Period, the Company's revenue reached RMB26,040 million, up by 36.5% year-on-year ("YoY"). Consolidated gross profit topped RMB3,711 million, up by 67.0% YoY. Consolidated gross profit margin rebounded solidly, moved up by 2.7 percentage points YoY to 14.3%. In view of the relatively low penetration rate and huge growth potential in the consumer markets of the third tier and below cities in China, GOME proactively explored the blue ocean opportunities of these markets with the strategy of "prioritizing large region over small region, prioritizing counties over towns and leveraging counties for exploring towns". During the Reporting Period, the Group opened nearly 600 new county stores and planned a full year opening of 1,000 new stores. As of 30 June 2021, the Company operated a total of 3,895 offline stores, including 2,556 county stores. Meanwhile, capitalizing on the flexibility of the social networking approach, employees of GOME stores acted as seed users to establish grid-based communities, and rapidly expanded the membership scale. During the Reporting Period, GOME created more than 180,000 new online communities and commanded a total of nearly 1 million online communities cumulatively. The cumulative number of online community members increased by 30% YoY. The total number of online and offline members reached 228 million. During the Reporting Period, GOME's "FUN" APP online platform also achieved significant growth. In particular, the number of purchasing users increased 10 times YoY. Total number of products purchased and number of orders increased 4 times YoY. The number of active users increased nearly 3 times YoY. Member repurchase rate was approximately 30%. Monthly average number of repurchase users increased about 10 times YoY. SKU exceeded 600,000, of which 90% was derived from non-electrical appliances, reflecting the rising diversity of the Group's product offerings.Leveraged supply chain and channel advantages to reduce costs, enhance efficiency and increase profitabilityOn supply chain development, GOME integrated the four elements of entertainment, technology, low price and service to construct a three-in-one supply chain platform of "merchants invitation + self-operation + customization" and establish a delicate supply chain system based on the principle of intelligent customization and quality products. The Company continued to strengthen the supply chain of home appliances, and optimize the procurement, operation and service processes to achieve a high-efficient and low-cost operation model. GOME also joined hands with online and offline third-party vendors to create a professional home appliance supply chain with diverse products and price advantages. The Company cooperated with a number of strategic partners to continuously expand its market share by taking advantage of innovative marketing tools and the changing nature of the online and offline sales scenarios.Regarding channel operation, GOME adopted the "self-operation + third-party + agency" model to realize cross-channel output through its own online and offline platforms, third-party platforms (JD, PDD, TikTok, etc.) and third-party agent operators. GOME also actively deepened its cooperation with industry-leading agent operators to realize in-depth integration and empowerment in the supply chain, transform agent operators into distributors and forge an innovative ecosystem of agent operations.Efficient utilization of entertainment tools to stimulate consumer market vitalityWith the trend of new retail reforms, GOME regarded entertainment as one of the important development pillars and fully deepened the entertainment marketing model to drive consumer demand. The Company strengthened the interaction between the platform and users in entertainment shopping through diversified means such as live streaming, talent show, limited-time offers, short video, matches and games. In particular, the classic combination of special promotional entertaining activities allowed users to enjoy quality products and services at low prices in a fun way, thereby providing enjoyable sales and shopping experience as well as spreading joy. In addition, GOME also cooperated with platform celebrities to conduct livestreaming marketing on popular short video platforms in China such as TikTok, Tmall and Kuaishou. In the first half of 2021, GOME completed 75,000 livestreaming shows, reaching over 38 million people.To support the policy of "promoting sales and market development with special festivals" proposed by the Ministry of Commerce, GOME held the Euro Cup "Football & FUN" activity during the Reporting Period. This event showcased the crossover between sports and retail industry. It facilitated conversion through livestreaming of sales promotion matches. Football fans may share the "FUN" APP to friends by content sharing or word of mouth, thereby expanding the new customer base and bringing in new traffic. Subsequently, on 24 and 25 July 2021, GOME co-hosted the "2021 Super Music Festival" with iQiyi. As a continuation of the "FUN ZAO City" campaign, in addition to an extravaganza celebrity lineup, the festival also cooperated with brand sponsors to set up food stalls, fashion space, interactive sessions and other fun and trendy features to enhance customer experience.In-depth integration of online and offline operations to create a centralized business development ecosystemWith "designated webpage for each store", GOME has facilitated the interaction between offline stores and online "FUN" APP platform, and provided multi-model, cross-channel, comprehensive and value for money shopping experience to community household customers within 1-8 km radius through output of "models + capabilities". For offline operation, GOME's grid-based network of offline stores consists of five types of stores: city stores, commercial complex stores, regional stores, community stores and community stations. They provide "Home Living" solutions for community household customers within 1-8 km radius. As of 30 June 2021, the total display area of offline stores reached 5.11 million square meters. In addition, GOME planned to proactively transform its offline outlets to "one store with multiple functions" guided by the four principles of "reuse of space, reuse based on time slots, equipment sharing and service sharing" so as to improve the utilization rate of space resources, propel sharing economy in terms of space utilization, and create an urban "social living room".Moreover, to support the Guidance on Construction of Urban 15-Minute Convenient Living Circle issued by the Ministry of Commerce, GOME promoted proactively the joint development of different business models in the convenient living circle, and built a comprehensive commercial service system with in-depth integration of online and offline activities and mutual support between virtual and physical operations. The Company planned to integrate fully merchant resources, and offer access to online functions such as shopping, catering, leisure, culture, elderly care and housekeeping through small programs, APPs and comprehensive service information platforms. These would provide residents with services such as search for nearby goods and services, information inquiry, bill payment, geographical navigation and online coupon issuance and offline redemption, connecting smart communities and intelligent housekeeping, and integrating commercial and social functions, thereby creating a centralized business development ecosystem.Continued to improve logistics service capabilities to promote rural revitalization and facilitate development of low-tier marketsIn recent years, GOME has continued to improve its logistics service capabilities and increased its efforts in rural market expansion to promote consumption upgrading in rural areas. During the Reporting Period, the company's home delivery and installation, home repairing, home cleaning, housekeeping and home renovation services covered more than 2,000 regions, tapping into the potential demand in rural areas.GOME is committed to creating high-standard service experience by focusing on three aspects of on-time delivery, speedy delivery and quality experience. In addition, as a provider of high-end on-time product for large goods warehousing and delivery, GOME provides customers with customized and on-time delivery value-added services. In the first half of 2021, GOME's on-time delivery rate reached 98%. GOME also has stepped efforts proactively in creating the Japanese-inspired ultra-detailed service scenario, and provided users with differentiated service experience for large goods through standardized, high-quality, and detailed services with a customer satisfaction rate of 96%.Moreover, leveraging its leading capabilities of logistics services, GOME has provided supply chain solutions for different industries. In the first half of 2021, GOME Anxun Logistics developed external customers from various industries, and cooperated with Duoduo Vegetable, Meituan Choice, Chengxin Choice, Ningbo Group Purchase and Supai to carry out community group purchase business. It also cooperated with ByteDance and Meituan to carry out moving business, cooperated with Shangpin Home, Wayes, Minhua, Original Elements and other merchants to develop home appliance and furniture delivery businesses. The Company strengthened actively cooperation with Xiaomi Youpin, Netease Choice and other e-commerce platforms.Advocating fair competition to establish position as a retailing service provider with the philosophy of joint contribution and shared benefits GOME has been advocating fair competition in a bid to help the retailing industry to grow in the direction of fairer and healthier development. The Company is dedicated to create an open platform for sharing and co-development geared to assisting suppliers, vendors and customers for executing highly efficient interactions. GOME has leveraged a decentralized retailing infrastructure coupled with its retailing capabilities as driving force to empower partners of the retailing industry in integrating more retailing resources and constructing a highly efficient ecosystem for the retailing industry. This approach would provide most consumers with a low carbon, environmental-friendly, highly efficient for all and data safe environment for sustainable consumption. Moreover, GOME has signed a cooperation agreement with state-owned Shenzhen Investment Holding Capital Co. Ltd and Shenzhen Eternal Asia Supply Chain Company Ltd (002183.SZ) in July 2021. Under this agreement, these three parties will cooperate in areas of capital, supply chain, channel and industry chain to establish a flat, sharing and decentralized strategic platform for massive consumption. Moreover, they will coordinate complementary support on resources. These industry leaders will join hands in sharpening complete chain and fully integrated service capabilities all the way from production, brand incubation, brand operation, channel management, marketing management and end-users sales.GOME's management concludes: "In the first half of 2021, although the pandemic has not yet subsided, a number of policies for encouraging consumption were introduced successively. They promoted the recovery of domestic consumption, paved way to effectively an expected full economic recovery and injected a booster for the retail industry. At the same time, China has been promoting vigorously the accelerated development of new consumption in recent years. Such efforts supported traditional commercial enterprises to accelerate digitalization and intelligent transformation, and promoted wider and deeper integration of online and offline operations. We are very pleased that the current national strategic layout and policy direction are highly in line with the development strategy of GOME in recent years. In the future, GOME will continue to persist in implementing national strategies, facilitate domestic demand expansion and consumer upgrading in China. We advocate fair competition and healthy development of the industry, and make continuous improvement to meet the consumer demand of "Home Living" services and benefit the general public. The Company strives to become a new technology integrated retailing service provider to serve the needs of the country, the industry and the public. GOME will continue to uphold the corporate mission of "Promote efficiency through technology, build better life through wisdom", and continue to develop its "Home Living" business to become the leading enterprise in relevant sectors and create greater value for the community and shareholders. Copyright 2021 ACN Newswire. All rights reserved. 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Singapore, Jul 21, 2021 - (ACN Newswire via SEAPRWire.com) - Almost half of the respondents, around 46.6%, believed that their own companies fell behind the industry average when it comes to utilising digital tools as part of business processes, according to a survey conducted by AIBP and Oracle from March to April. The survey counted 193 professionals*, mainly from IT, innovation & business backgrounds in manufacturing and supply chain companies across the largest economies in Southeast Asia: Singapore, Indonesia, Malaysia, Thailand, Philippines & Vietnam.The manufacturing industry plays a significant role in local economies of Southeast Asian countries, contributing more than 20% of Gross Domestic Products in markets like Singapore, Indonesia, Malaysia and Thailand. Recent US-China trade tensions have also increased expectations of how manufacturing can contribute to markets like Indonesia and Vietnam. Concurrently, local governments are focused on uplifting local manufacturing capabilities by implementing policies to encourage and support initiatives towards Industry 4.0 The survey also found that 46.6% of respondents believed that the top priority of implementing digital solutions should be to drive operational efficiency in a bid to reduce costs, while 16.6% feel that it should be used to increase or create revenue opportunities.The COVID-19 pandemic has seen supply chain disruptions across industries - while some companies struggled to come to terms with unusual fluctuations in supply and demand, other companies were better prepared. Thossaporn Petporee, SVP and part of Charoen Pokphand Foods digital committee outlined how Charoen Pokphand Foods have been ahead of the curve when it comes to digital transformation because of their experiences navigating past disruptions like the African swine fever and Avian Influenza. "Each time a pandemic hit, we prepared ourselves better. In our farms, we have the highest level of biosecurity and AI to identify animals across the farm and sales areas. We do well because we keep up to date, keep challenging ourselves." The recent pandemic has led them to develop innovative online solutions like Vet Online and chatbots which are made available to the farms across their network to allow for diagnosis of animal diseases remotely. Charoen Pokphand Foods saw a net profit increase of 41% in 2020.Companies from the Manufacturing and Supply Chain industries continue to innovate. In 2020, 3 out of 10 winners of the annual ASEAN Enterprise Innovation Awards were from the Manufacturing and Supply Chain industries, including Kalbe Farma and Astra International. Both companies embarked on digital transformation projects which involved integration of their ERP across business units to allow for a more connected supply chains; enabling real time feedback from across the entire value chain."There is an urgent need to reorganize one's supply chains in the wake of 2020 and the recent Suez Canal blockage, and manufacturers in the region are rightly realising that what they have in-house is not enough when creating robust and resilient logistics processes that keep the business moving efficiently," said Michael Lim, GTM Leader, ERP & Digital Supply Chain, Oracle. "With new capabilities upgraded onto Oracle Fusion Cloud Supply Chain Management each quarter, we are helping our customers streamline logistics to fulfil orders faster, cheaper and more sustainably to deliver the operational excellence they desire."*The survey was sent to professionals working in 1,600 publicly listed companies and/or subsidiaries of MNCs in Indonesia, Malaysia, Thailand, Philippines, Vietnam & Singapore. These companies represent the following sectors: Consumer Durables, Non-Durables, Electronic Technology, Process Industries & Producer Manufacturing.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. AIBP is a business unit of Industry Platform, a growth consulting firm based in Singapore.About Industry Platform Pte LtdWe work with public and private organisations to develop value-adding partnerships within the industries and markets which we serve. Our consulting framework advocates pursuing an integrated approach in assisting our clients in their growth and development initiatives. This includes market research, and access through business development strategy formulation and execution. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE - A new digital infrastructure for the shipping industry aims to smooth out the kinks in cargo handling processes, anchoring ways for logistics players to optimise operations. This could unlock more than US$150 million (S$202 million) of value for the supply chain ecosystem in Singapore each year, said Deputy Prime Minister Heng Swee Keat on Tuesday (July 13). He hailed the service, called Singapore Trade Data Exchange (SgTraDex), as a breakthrough for the industry, which is at present marked by "significant inefficiencies". "Logistics players face frequent congestion at depots and warehouses," Mr Heng observed. "They are not able to fully plan due to limited visibility of where the cargo is in the supply chain." In addition, shippers often have to complete multiple forms requiring similar pieces of information, while buyers are unable to accurately track their orders. Having a common data infrastructure will allow firms to exchange information, giving them access to previously unavailable or hard-to-obtain data such as real-time cargo location. This will help industry players optimise cargo handling and operations. The new service, which was announced by Mr Heng at the Asia Tech x Singapore Summit on Tuesday, is the brainchild of the Alliance for Action on Supply Chain Digitalisation that was set up last year. The alliance is led by PSA International group chief executive Tan Chong Meng and Trafigura Group Asia-Pacific chief executive Tan Chin Hwee. At the summit organised by the Infocomm Media Development Authority, Mr Heng also said that Singapore will roll out a US$50 million (S$67.5 million) programme for research and development efforts tied to future communications. Artificial intelligence and cyber security for next-generation communications infrastructure, as well as pilot schemes, will be explored. Part of the money will go towards scholarships for those doing research in this area, Mr Heng said. The scheme will also focus on building research links across borders as the resources that Singapore - as a small nation - can commit are modest, he added. Deputy Prime Minister Heng Swee Keat at the Asia Tech x Singapore Summit on July 13, 2021. PHOTO: IMDA This will kick off with a partnership with Finland's 6G Flagship Programme, which is working on the next generation of wireless technology. "Just like the Covid-19 virus, science knows no boundaries," Mr Heng observed. "While each of us can pursue research excellence individually, our efforts are greatly multiplied when we work together." More on this topic Related Story Automation helps ensure resilient supply chain for essential goods: President Halimah Related Story Initiative for trusted sharing of data by supply chain players But even as Singapore works to break new ground in the digital realm, it cannot turn a blind eye to the social divides that may emerge as a result, he said. Just as globalisation created opportunity but also widened inequality, the digital revolution will widen the digital divide if left to the natural order of things. The pandemic has provided an early glimpse of this, he noted. "We must learn the past lesson of globalisation, and redouble our efforts to create a more inclusive digital future." In Singapore, this is being done by promoting digital literacy in schools, ensuring workers are equipped with new skills and helping small businesses go digital. "Every time we conceptualise a new product or implement a new solution, we must think of how this can positively impact lives," Mr Heng said. "We must think of who might be left behind, and how we can help them. We must think of how this can lead to a better future." More on this topic Related Story Focus on robust supply chains set to continue post-pandemic Related Story Logistics firms, workers to benefit from enhanced plan to boost sector's digital transformation
SINGAPORE, Jul 12, 2021 - (JCN Newswire via SEAPRWire.com) - BlueHelix Group (BHEX) has launched HDEX, the world's first decentralized trading platform to support cross-chain deposit/withdrawals of any asset, on July 8, 15:00 (UTC+8). HDEX is the perfect landing for BlueHelix' decentralized financial layout and will empower the BHEX centralized trading platform, BHEX Cloud SaaS and whitelabel solutions, and BHEX Chain, the ecological sectors of BlueHelix Group.HDEX exchange is based on BHEX Chain technology, the patented Bluehelix decentralized private key generation technology. It overturns CEX and the traditional DEX model, supporting arbitrary linkage and trading among heterogeneous and homogeneous chains, and is fully compatible with various cross-chain technologies and standards, providing a technical foundation for HDEX to change the business logic of digital asset trading platforms.Through HDEX, users can realize "decentralized and cross-chain safe asset deposit and withdrawal, the swap and circulation of any trading pair on-chain, and the rapid transfer of assets between any public chains, truly realizing a complete cross-chain DEX model."The innovation and integration of DEX + CEXIn the process of digital currency trading in a centralized exchange, the exchange is responsible for the entire transaction process such as custody of funds, providing liquidity, matching transactions, and delivery and clearing. The platform has the absolute right and controls the user's asset security, users are in a weak position. With the development of DeFi, DEX has risen rapidly, solving many problems of centralized exchanges: Asset ownership risk: Users do not need to hold assets in CEX, and assets will be under their own control; Regulatory risk: Unable to be supervised by government and not affected by policies; and Trading risk: Users do not need to worry about counterparty and transaction fraud and other issues.DEX makes up for the deficiency of CEX and meets the actual needs of users. Currently, the market capitalization of some DEX platforms has surpassed CEX, along with the continuously growing trading volume and daily active users.However, DEX in the market is built on a single public chain and deployed via smart contracts, such as Uniswap on Etherum, MDEX on HECO and Pancake on BSC, or the Layer2 mode on Etherum, such as Loopring and Zkswap, while it: Does not support swap between Native tokens and mainstream assets like BTC; Most are based on the AMM model but not OrderBook model; Low Asset trading efficiency and higher gas fees; Unable to realize the liquidity combination between cross-chain assets nor achieve liquidity sharing between DEXs.HDEX has been committed to changing the existing problems of DEX and CEX since establishment, while perfectly integrating the advantages of the two. Through HDEX, users can share the liquidity and depth of any trading pair on any chain, enjoying the trading experience of a centralized exchange, with better user privacy and asset security.HDEX also announces the Global Ambassador Recruitment Program, and we welcome all global partners to join. As a member of the BHEX ecosystem, HDEX is expecting a bright future with the full recourse, technology, and management support of the Bluehelix Group.For more information:Elsa, hdex@bluehelix.comHDEX Official: https://hdex.bhexchain.com/HDEX Telegram: https://t.me/hdexofficialHDEX Twitter: https://twitter.com/HdexOfficialBHEX Chain: https://www.bhexchain.com/BHEX Exchange: https://www.bhex.com/About HDEXHDEX is an easy and high-speed cross-chain decentralized trading platform that supports the cross-chain withdrawal and deposit of any assets. It is based on the BHEX Chain OpenDEX protocol and supports both AMM and Orderbook modes, to provide crypto users with a decentralized trading experience. Official website: https://hdex.bhexchain.com.About BHEX ChainBHEX Chain is based on cryptographic technology-based cross-chain support, combined with cryptographic tools such as elliptic curve digital signatures, zero-knowledge proofs, and trusted multi-party computing, to achieve the cross-chain private keys custody and the distributed private key generation and signatures on all core nodes. Official website: https://www.bhexchain.com Acout BHEXBHEX is the world's leading technology-driven crypto asset trading platform, jointly invested by Huobi, OKEx and 56 first-class institutions. After nearly two years of smooth operation, BHEX is now able to provide customers with spot, contract, OTC, options and staking products and services, with additionally first-tier liquidity of mainstream currency and contract trading on the platform.BHEX business also includes BHEX white label brokers and BHEX Chain. Among them, BHEX white label brokers enable its partners to start the exchange business at low cost. BHEX Chain has decentralized cross-chain custody technology to assist the transparency of exchange assets and expand the application ecology of third-party public Chain. Official website: https://www.bhex.com Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Apr 19, 2021 - (ACN Newswire via SEAPRWire.com) - Recently, China Brilliant Global Limited (8026.HK) (CBG) voluntarily announced that its subsidiary Brillink Bank Corporation Limited ("Brillink") was granted by Astana Financial Services Authority (AFSA) in Kazakhstan Astana International Financial Centre (AIFC) for an official full banking licence. According to announcement made earlier, Brillink was granted an In-Principle Approval Letter (the "AIP Letter") on 4 December 2020 to be formed for a licence to carry on banking services. The issuance of official licence to Brillink has demonstrated regulator's confidence in Brillink's development of banking business.Since last year, the "black swan" COVID-19 has swept the world and has made a huge impact on various countries. Hence, new trends have emerged. The penetration of digitization and intelligence has accelerated. As for financial sector, the development of digital banking is booming, which brings incredible business opportunities and becomes a new battlefield in the financial industry. CBG combines the existing real economy business with the new digital bank to build a new scenario for the digital bank focus on supply chain. According to the company's previous announcement, the bank is expected to start trial operation in the second half of 2021, and may own the world's first digital bank focusing on supply chain finance. In addition, the latest review result of Morgan Stanley Capital International (MSCI) shows that CBG has been included in the MSCI Hong Kong Micro Index in November 2020. Such relevant adjustment was made and be effective on 30 November 2020, after the market closed.Statistics show that the MSCI Hong Kong Micro Index is constructed in a comprehensive and consistent manner and is one of the most widely used stock benchmarks used by institutional investors to measure the performance of investment portfolios. The index is currently covering thousands of stocks with good operating performance and potential from different regions and different market capitalizations. In other words, being included in the market benchmark index reflects the capital market's full confidence in CBG's development and prospects.You can never imagine CBG's business development strategy before reading the news mentioned above. Now, how should we view the real investment value hidden behind it?Obtained A Full Banking License to Create A New ImaginationFirst, let's sort out the basic situation of the proposed digital bank so that you can clarify its business positioning and audience.According to an announcement made by CBG, it acquired the issued share capital of CBG Fintech Holdings Limited twice in 2020 through its wholly-owned subsidiary CFSG, and finally obtained 80% of the issued share capital of CBG Fintech Holdings Limited in order to expand its banking business.According to public information, Kazakhstan is striving to build AIFC into a leading financial centre in Asia, and through China's "One Belt, One Road" initiative to develop AIFC into an important offshore RMB centre. As a result, the digital bank for supply chain financing will have significant location investment advantages and market competitive advantages after its landing.From the perspective of market competition, leading financial institutions such as China Development Bank, China Construction Bank, Industrial and Commercial Bank of China, Bank of China, and China International Capital Corporation have all settled in AIFC. Shanghai Stock Exchange and Silk Road Fund have also jointly invested in AIFC stock exchange (AIX), and owns 25% and 5% of AIX respectively. Possessing a full bank license issued by AIFC enables Brillink to become one of the formal, and global-oriented international financial institutions, and enables it to provide customers with one-stop supply chain financial services.Besides, according to related research reports, the average online channel usage of global digital bank users has increased by more than 35% in the past three years, especially in Asia, where online transactions are well developed with digital bank customers reaching 1.7 billion in 2020. Moreover, after the outbreak of the epidemic, powerful companies continued to promote digital transformation and upgrading. In addition, with the booming of "New Infrastructure" led by national policies, the novel form of digital banking has been accelerated in the B-end and C-end at the same time.However, the current market situation is that most of the leading companies have concentrated on the C-end market, while few companies will really focus on the B-end market and have the ability to take the lead in the B-end market.We believe that digital banks with the abilities to develop B-end business are more likely to stand out in the market. Undoubtedly, it is a good timing for Brillink to intervene at this moment.Specifically, Brillink's B-end business covers the entire supply chain, mainly for high-quality customers in the IC and 5G industries, and has certain differences between the inclusive financial model that combines with the more common individuals and SME audiences in the market. Digital banks with such a background are even rarer. Under the wave of empowering the real economy, they are more likely to seize market opportunities.As mentioned before, Brillink is the one of the few fintech company that will start digital banking at AIFC and obtains full license for deposits and loans. In view of this, the company's digital banking business is likely to give priority to seizing the market, rapidly expanding the company's sources of income, and opening up a new imagination for CBG to the market.Strategic Planning and Resources Create High Synergies, Resulting in Strong and Promising FutureAs we all know, to provide financial digital banking services for related companies by focusing on the supply chain can better serve the real economy and promote more efficient trade operation and circulation. The development path of focusing on advanced and technology-led high-end manufacturing or smart manufacturing industry chains such as 5G communications and electronic consumer product manufacturing, will conforms to the general trend of national development and the huge market of independent and self-controlled semiconductors. With its technical and capital barriers, and the threshold of high efficiency, the financial supply chain digital banking business have important characteristics, including irreplaceable and large-scale output.Other than the competitive environment of the industry, investors also need to focus on the synergies brought by the supply chain resources of CBG.Mr. Zhang Chunhua, the actual controller of CBG, is also the actual controller of China Brilliant Supply Chain Services Co. Limited("CB"). CB, founded in 2006, is one of the first supply chain companies in the country to position on industrial supply chains. CB is the first batch of advanced technology service enterprises in Shenzhen. In recent years, it has won the honour of the best innovative enterprise in China's supply chain management. It has won the China IC market supply chain service award for four consecutive years. It has also been recognized as a national service-oriented manufacturing demonstration platform, which has fully affirmed CB's value and outstanding performance in serving the industry, and demonstrated CB's position as a leader in the supply chain field.In the past 15 years since CB's establishment, its cumulative revenue has exceeded 113 billion dollars, cumulative tax payment has exceeded 40.5 billion dollars (including tariffs), and the total import and export of general trade has exceeded 55.6 billion US dollars. Its business covers more than 200 large and medium-sized cities in China, and reaching North America, South America, South Asia, Africa and other countries and regions. It has served over 10,000 high-quality customers in the upstream and downstream of the 5G, IC manufacturing, mobile phone manufacturing and other multi-industry chains, by providing one-stop supply chain services including cross-border comprehensive management services, global logistics solutions, meticulous industrial storage and financial supply chain.It is worth noting that with such a large business scale and an operation mode of high proportion of supply chain financing, CB has an extremely low rate of bad debts since its opening, and its risk management and control capabilities are evident. These excellent customers and valuable business experience will be passed on to Brillink and its digital banking business with great probability. These above key points can be reasonably deduced, and the more important ones can be reflected in the following aspects.On the one hand, the digital banking business can give full play to CB's ability of transforming high-end B-end customers, including Xiaomi, Samsung, Siemens, Panasonic, ASM, Transsion, Huaqin, CVTE, Changhong, Cambrian and other top customer resources.On the other hand, the bad debt rate of import and export loans has always been low, which is 65 times lower than the bad debt rate of general corporate loans. The cloud computing technology and the analysis ability of corporate credit rating big data that CB has accumulated for 15 years can provide the basic support for its digital banking business. From the top to the bottom of the capital supply end, to the capital demand end, it has formed a closed loop of the supply chain financial industry, and thus the risks of engaging in this type of loan business are relatively more controllable.From the above points of view, CB's strategic planning of digital bank business can create a high synergy development effect with the Group's existing supply chain business. It is not just a simple coincidence of customer groups. The Group's past import and export supply chain business also involved a large amount of supply chain financing. CB has mature experience in trade settlement, risk control, and specific operations. These are all available for reference for Brillink, and attain its business transformation smoothly.In addition, there are bound to be a large number of potential customers in the customer resource network that the company has built, such as the many upstream and downstream suppliers of high-end industrial giants. Under such "direct and indirect" conversion model, the company's future customer volume and market space will be immeasurable.With the support of a good front-end business platform like CB, the digital banking business of CBG will never lack the stamina for development.Core Assets Support High Valuations and Reveal Market Investment Value With reference to the previous performance of financial platforms driven by technology, there have always been giants and unicorns, and no "dwarfs".We have sorted out the valuations of a number of digital banks with financing records, where we can see that many companies have the characteristics of good profitability and super high valuations, especially Chinese companies that operate online business like WeBank.Looking back at the fundamentals of Brillink.In terms of business logic, its parent group's supply chain business gathers high-quality customers in fast-growing and highly professional industries such as 5G, IC manufacturing, and mobile phone manufacturing, with huge conversion opportunities. These can allow Brillink lower customer cost, sufficient customer stickiness and considerable room for growth. Furthermore, the purely online business model can effectively reduce service costs, eliminate high investment on offline branches and fixed asset, and reduce cost-to-income ratios. With the company's low bad debt rate under effective risk control, and high gross profit margins, the return on business investment (or return on net assets) is expected to be quite impressive.Looking ahead, Brillink has a clear development path and high visibility. It will benefit from tides of the times and national policies, such as the increasingly active investment in the "Belt and Road" initiative, New Infrastructure, the trend of autonomous control of 5G and semiconductors, as well as its parent company's improving supply chain business services, with the increasing types and numbers of vertical industries and the re-expansion of service boundaries.Therefore, we believe that CBG, to a certain extent, has the possibility of transferring to the Main Board and owns basic strength, due to its high-value core assets. As the first global/ Hong Kong stock with the concept of financial supply chain digital bank, it has a certain degree of scarcity, together with the imagination brought by its long-term development potential, there are many good reasons to judge that CBG's digital bank assets will eventually enjoy a valuation premium. Compared with its current valuation level, the premium space appears to be quite sufficient. Investors can follow up to the timing and announcement of continuing to attract strategic investors and the trend of smart money. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
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.comHBTC 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 servicesKnown 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/HBTCOfficialTwitter: https://twitter.com/HBTCNewsFacebook: https://www.facebook.com/HBTCOfficialMedium: https://medium.com/hbtcofficialYoutube: https://www.youtube.com/channel/UCjnr5dIwOjqbinv6fJ7XIqgBluehelix Cloud: https://www.bluehelix.cloud/ Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com












