14 10 月, 2020

Moonstake raises $1.04 Million – accelerating connection from staking to DeFi

SINGAPORE, Oct 14, 2020 - (ACN Newswire) - Moonstake today announced that it has successfully closed its seed round funding and has raised over $1.04 Million (approximately JPY 110 Million). Partnerships with more than 10 public blockchains such as Emurgo (one of Cardano's constituent corporations) and advanced products centered on staking wallets attracted a great deal of attention, leading to this procurement six months since it was founded. This procurement was carried out with Singapore-based venture capital firm Ruby Capital as the lead investor and financial investors with domestic and overseas bases as business partners.Since Moonstake was founded, Moonstake has sought to meet growing demand in Asia and globally by developing its own innovative staking protocols. Moonstake's product is a one-stop solution with staking capabilities that provides a gateway for users to facilitate their use of cryptocurrencies via web and mobile wallets (iOS/Android). Currently, Moonstake supports staking for ADA, Tezos, Cosmos, Ontology, QTUM, IRISnet, Harmon and further innovative products such as connection to DeFi via wallet will be developed in the future.With this funding, Moonstake will step up its existing staking pool operations and wallet service offerings. In addition, while further expanding the products and services for businesses that we have been promoting, we will build a platform for decentralized finance (DeFi), which we have been connecting for some time, and a protocol for solving staking liquidity. We will promote innovative initiatives in the DeFi area with development.Staking has been in full swing since 2019. Earlier this year, the market value of the staking market expanded 3.5 times in the 10 months from the beginning of the year, even in the single year of 2020, due to the PoS transition of well-known projects such as ADA and the start of staking.Against this backdrop, Moonstake has been developing more user-focused staking products to create Asia's largest staking pool network. The number of users continued to grow due to active alliances with public blockchains and marketing cooperation, and in October, Moonstake's total staking amounted to over $50Million.Panjun Wang, Partner at Ruby Capital says:Moonstake has continued delivering recorded achievements in the crypto staking service industry, and Ruby Capital is excited to be part of its journey from Staking to Defi. We look forward to the joint-developments and bringing more values to the users of the Moonstake!About MoonstakeMoonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey. https://www.moonstake.io/ About Ruby CapitalRuby Capital Pte Ltd., is a licensed venture capital fund manager regulated by the Monetary Authority of Singapore. The team employs industrial professionals and specialists in Singapore, Japan and China. Ruby partners with BinaryStar, Infinity Blockchain Group and others from China, Japan, South Korea, Singapore, and Europe with strong connections in Finance, IT Technology, Incubators, Education and Supply Chain industries. Ruby capital invests in artificial intelligence, data analytics, Fintech, consumer technology innovations, distributed ledger technologies (DLT), extended realities, quantum computing and other high-potential innovations. https://rubycapital.sg/ Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

14 10 月, 2020

Hitachi ABB Power Grids Wins $6.6 Million Projects to Digitalize High-Speed Rail in the UK

ZURICH, SWITZERLAND, Oct 14, 2020 - (JCN Newswire) - Hitachi ABB Power Grids, as part of its ongoing work with UK Power Networks Services to help manage existing traction power assets on High Speed 1 (HS1), has been awarded a contract worth around $6.6 million to upgrade the Static Var Compensator (SVC) Control systems and load balancer.HS1 is the UK's first high-speed railway and forms an essential part of the country's infrastructure and its efforts to promote greener, more sustainable transport. UK Power Networks Services is responsible for all traction and non-traction power assets on this 109km rail line connecting the United Kingdom with mainland Europe.This agreement includes three feeder stations equipped with Hitachi ABB Power Grids 33kV Static VAR Compensators (SVC), designed to specifically address UK Power Network Services unique needs. SVC solutions quickly adjusting line voltages. These solutions form part of efficient energy control of the HS1 line's power system. The contract scope also provides for a long-term service agreement to maintain and manage software upgrades for the control systems.Ian Funnell, CEO of Hitachi ABB Power Grids in the UK and Ireland, said: "Our most recent work on HS1 with UK Power Networks Services comes on the back of our very successful consortium partnership for the safe and efficient delivery of 25kV traction power distribution substations on the Great Western Electrification Programme be- tween London and Cardiff. We are proud to be playing such a leading role in the UK railway decarbonisation agenda with power, automation and electrification of the UK rail sector delivering more sustainable mobility choices for UK passengers and freight."In addition to this contract, UK Power Networks Services is also working with Hitachi ABB Power Grids to enhance the trackside data collection system and replace traction power SCADA systems on the HS1 line. The team relies on Hitachi ABB Power Grids' RTU500 platform, with MicroSCADA X for automation and control solution overlaid with Asset Performance Management (APM) to help simplify the interaction with the power network and provide operators, regardless of their location, with a fast, clear real-time overview of the network landscape. This fundamentally supports a predict and prevent strategy for maintenance and asset management.David Mitchell, head of client delivery for UK Power Networks Services said, "Having the most reliable assets and understanding how those assets are performing is critical to us. Integrating proven technologies through trusted partners enables us to continue to invest in High Speed 1's electricity infrastructure and deliver a resilient power supply, maintaining cross-border train travel and ensuring a safe and reliable passenger ex- perience."While overseeing HS1's power assets, UK Power Networks Services has achieved considerable efficiencies and outstanding rail network availability of over 99.99%. In addition to providing the British traveler with fast, reliable and sustainable options, UK Power Networks Services has also helped deliver significant economic benefits in the form of jobs to Kent and other local communities. Hitachi group delivered the high-speed Class 395 train fleet to HS1 and is also respon- sible for maintenance.About Hitachi ABB Power Grids Ltd.Hitachi ABB Power Grids is global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries. Headquartered in Switzerland, the business serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and data centers. With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values. It is committed to powering good for a sustainable energy future, with pioneering and digital technologies, as the partner of choice for enabling a stronger, smarter and greener grid. https://www.hitachiabb-powergrids.com Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

9 10 月, 2020

Aurix, the World’s Most Optimized Exchange, Announces Its Pre-Sale

Constanta, Romania - One of the greatest challenges netpreneurs are faced with is having a trustworthy platform to transact businesses. With the incessant cases of fraud, hacking, and identity thefts, people conduct businesses with trepidation on various platforms. This has impacted businesses negatively. However, Aurix presents the solution that will give online traders and business owners the ability to trade with peace of mind and at the same time enjoy transactions with the speed of light. Why Aurix is different from the pack Aurix comes with state-of-the-art features designed to give you security, ease, and comfort. Some of the amazing features of the platform include: Secure transactions: Aurix has an unbeatable speed of execution that makes all transactions quick and efficient. Besides, the data on the platform comply with PCI DSS standards, and the platform is safe from DDoS attacks. Quick and easy: Transactions are fast, and at the same time, the site is user-friendly. The transaction fee is highly competitive, compared to other related platforms. Trustworthy: Aurix is highly trusted across the world because of our continued pursuit of innovation, and inventive features capable of transforming the management of goods and services globally. Aurix main products Aurix offers three main products – Aurix Exchange, Card Visa/MasterCard, and Aurix Plugins. About the Aurix Exchange The Aurix exchange is a world-class exchange where crypto enthusiasts can buy high-quality cryptocurrencies and digital chips. Aurix was founded by Majed Mohsen (CEO). The platform is designed to ensure secure, safe, and autonomous transactions. With our advanced technology, you can perform an online business transaction and yet keep your identity private. Your funds are safe and protected from the reach of hackers and crypto thieves. Aurix allows users to purchase and sell as many digital currencies as they want in a matter of seconds. The exchange maintains the highest level of security to ensure that your funds are safe. And is convenient for users, enabling them to trade using both an app and desktop – everything is uninterrupted. Traders who pay in AUR enjoy an additional discount on the platform. With the Aurix app, everything is seamless, as it takes care of the products and solutions we provide in a single place – this includes the trading, transfers, payments, and rewards management. Aurix Card Our debit card is supported by MasterCard/Visa payment network that is tied to the user's wallet. This makes it possible to offer cashback to our users for their daily transactions and all purchases. This is unlike our competitors who charge their customers for transfers and purchases. We offer up to 9% cashback to customers' e-wallet, enabled by the hitch-free DeFi system. Payments with our card can easily be managed through the app. Aurix payment shop plugins With our plugins, businesses and e-commerce solutions can adopt cryptocurrencies in operation. This exclusive is compatible with different systems. Installing the plugin at the customer's end makes it possible for users to pay in cryptocurrency or receive the same anywhere. The customers can complete their payment in a twinkle of an eye with a few taps on their mobile phone. Aurix Token Staking Users are allowed to stake their Aurix token to back the functioning of our blockchain network. The benefits accruable to users are measured by the quantity of AUR locked in for validating blockchain operations. This could range from discounts in trading fees to cashback to the extension of loan. Aurix Pre-sale commences soon Aurix will be performing a pre-sale of its token, starting from 15th October 2020. Get ready to participate in the pre-sale as there are advantages of being an early riser. A total of 20,000,000 Aurix tokens (AUR) are available for offer to the public Social Links Telegram: https://t.me/aurix_exchange Twitter: https://twitter.com/aurixexchange Instagram: https://www.instagram.com/aurixexchange/ Facebook: https://www.facebook.com/aurix.exchange/ Media contacts Company: Aurix. Ltd Contact: Majed Mohsen Telephone: +40.341.466.000 Website: https://www.aurix.exchange/ SOURCE: Aurix. Ltd --------------------------------------------------------- The article is provided by a third-party content provider. SEA PRWire makes no warranties or representations in connection therewith. Any questions, please contact SEAPRWire/at/gmail.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, & Malaysia)