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Mapping Out 2024: Alchemy Pay Roadmap

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SINGAPORE, March 1, 2024 /PRNewswire/ — As we embark on a new year filled with promise, which kicked off on a high note by the BTC ETF approval and features upcoming milestones like ETH‘s Dencun Upgrade and the quadrennial Bitcoin halving, the stage is set for remarkable achievements, and we’re in for this thrilling year.

In 2024, our key priorities revolve around:

Advancing our ramp serviceEnhancing the crypto cardIntroducing the innovative Web3 bank accountSecuring essential regulatory licenses

In the exciting journey ahead, Alchemy Pay is ready to make a lasting impact. We’re steadfast in our dedication to growing payment options, investing in compliance for the future, and smoothly bringing millions into the dynamic world of cryptocurrency.

Enhanced Ramp Solution for Increased Scope

Achieving 100% Global Payment Coverage

As a leading global crypto payment service provider, our commitment extends to connecting fiat and crypto in every country that is accessible. We actively strive to expand our footprint, ensuring our services reach everyone across the globe.

With our existing coverage spanning 173 countries and regions, we are now poised to embark on a greater vision in 2024: Beyond traditional global payments like credit cards, we are determined to integrate local payments as an alternative for every country where crypto usage is non-restricted. That means, we aim to attain 100% complete coverage of local payments on a global scale, with plans to introduce 40+ new payment channels and methods to enhance our ramp service, including Revolut and N26 in the UK, Trustly in Europe, and multi local payment methods across Asia.

Localization stands as one of Alchemy Pay’s distinct advantages. While it presents its own set of challenges, our dedicated team is prepared to enhance payment capabilities, catering to global users, and making significant strides in onboarding the next millions of users. Our pursuit of this vision shows our commitment to providing inclusive and accessible crypto payment solutions worldwide.

Comprehensive Blockchain and Network Support

In our commitment to enhance services for business partners and enable their users to engage with Web3 projects through fiat-crypto transactions, our ramp solution will achieve universal blockchain support for ALL tokens.

Our aim is twofold – not only to provide users with a smooth and effortless experience in embracing cryptocurrencies but also to empower crypto entrepreneurs. This empowerment involves ensuring fair and equal access to financial capabilities within the dynamic landscape of the blockchain realm, fostering an environment of inclusivity and opportunity for all.

Upgraded Crypto Card: Popular Payment Methods, More Fiat Options

Officially launched in June 2023, our innovative crypto card was available on the Binance Marketplace through the “Crypto Card” mini app last December. The astounding success of attracting over 500,000 users within just six months underscores the growing demand for crypto cards and the daily use of crypto for spending.

In response to this growing demand, we are set to enhance the capabilities of our crypto card. This involves full compatibility with major card networks including Visa, Mastercard, American Express, Diners Club, JCB, and Discover. Additionally, our crypto card will integrate with popular digital payment platforms like Apple Pay, Google Pay, and Samsung Pay, allowing users to easily add the prepaid virtual card to their wallet apps for seamless transactions with these widely used digital payment methods .

Furthermore, the virtual crypto card is set for ongoing enhancements, with upcoming updates that will broaden its support to encompass additional fiat currencies like HKD and EUR. This ensures a flexible and user-friendly experience for our customers.

Innovative Web3 Digital Bank 

Alchemy Pay is collaborating with crypto-friendly banks in Europe to seamlessly integrate their account opening capabilities into our product. Upon obtaining the anticipated UK Authorised Payment Institution (API) license, we will be equipped to provide various services including remittance, payment processing, and the management of payment accounts.

This integration will allow individual users to directly open personal accounts denominated in EUR and USD through our platform. Furthermore, our innovative Web3 digital bank is geared towards Web3 companies, offering the option to open multi-currency accounts. What sets this apart is that users can easily convert between USD and EUR, multiple fiat currencies and crypto, such as EUR/USD and USDT/USDC, in real time, making it easier to navigate between the traditional financial world and the crypto world.

As a company rooted in payment capabilities, our aim extends beyond user-friendly ramp services. We aspire to offer banking services that match the depth of our business. Envision Alchemy Pay as a product harmonizing on-chain wallet services with real-world bank accounts—opening the door to limitless possibilities in a future where web2 and web3 seamlessly converge!

Regulatory Licenses for Enhanced Compliance and Security

In 2024, Alchemy Pay anticipates the submission and acquisition of over 20 licenses globally. This strategic move is aimed at facilitating the deployment of our products and services in a compliant manner across diverse countries and regions. Additionally, it provides a more secure payment experience for both users and partners while enhancing our competitive edge and reinforcing safeguards for a payment gateway in this industry.

Apart from the already planned locations like Hong Kong, the U.S., and the U.K., we are actively pursuing compliant certifications in additional regions such as Australia, South Korea, Singapore, and Europe, where a regulatory framework for the crypto asset market is on the horizon.

The list of licenses we plan to apply for and obtain is as follows: the Authorised Payment Institution License (API) in the UK, the Money Transmitter License (MTL) across various states in the US, the Money Service Operator License (MSO) in Hong Kong, the Virtual Asset Service Providers License (VASP) in Korea, the Digital Currency Exchange Providers License (DCEP) in Australia, and the Digital Payment Token License (DPT) in Singapore.

Moreover, we are diligently seeking compliance-related applications and approvals to align with latest regulatory standards and improve our crypto payment operations. This includes applying Information Security Management Systems (MIMS) in Korea, complying with Markets in Crypto-Assets Regulation in Europe, and adhering to Financial Service Standards Association (VQF) regulations in Switzerland.

Compliance holds significant importance for us, opening up a broader spectrum of business opportunities, reducing operating costs, and ensuring enhanced security in payments for our users. Our consistent emphasis on compliance underscores Alchemy Pay’s commitment to long-termism and active participation in the growth of the crypto industry. 

Stay Tuned for Our Big News

Not enough for these? In a whispering voice: We are making a bold move and launching another major initiative for the new year.

Designed for fiat-crypto payments and borderless finance, it’s poised to revolutionize the industry and rewrite the rules. Brace yourself for the upcoming game-changer in payments!

Concluding our roadmap for 2024, we affirm our dedication to bridging the global fiat and crypto economies. Our focus is on crafting pioneering solutions in crypto payments and pushing the limits of what is achievable. Get ready for a year of unstoppable impact and growth as we strive to bring Alchemy Pay’s vision to life!

Try Now
Try our On & Off-Ramp to buy and sell crypto and local fiat currencies today
https://ramp.alchemypay.org/

Follow Alchemy Pay
Website Twitter LinkedIn Medium YouTube Telegram Discord

 

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SOURCE Alchemy Pay

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On World Cleanup Day 2024, VIAIM’s Newly Launched Service Upgrade Provides Added Multilingual Support and Commitment to Environmental Goals, Helping to Shape a More Sustainable Future

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — VIAIM,  an AI technology hardware company deeply rooted in the smart office sector, is marking the inaugural World Cleanup Day 2024, which falls on September 20, with the official launch of a service package upgrade, reinforcing its dedication to both innovation and environmental responsibility.

This upgrade introduces Malay and Thai language support, expanding the total number of supported languages from 11 to 13. With these additions, VIAIM is taking another step towards making seamless cross-cultural communication more accessible, especially for users across Southeast Asia. At the same time, the Company continues to align its operations with sustainability efforts, lowering the usage threshold for customers and offering environmentally friendly solutions that contribute to a greener planet.

As part of VIAIM’s latest service package upgrade, users enjoy enhanced features designed to make their work and daily lives more efficient. These include free transcription and translation time, along with increased access to To-do List and Summary functions, providing customers with more comprehensive functionality at no additional cost.

These upgrades not only reflect the brand’s core philosophy of “user-first”, but also emphasize VIAIM’s commitment to continuously enhancing user experiences. Now, users can manage tasks more effectively, saving time and reducing the need for additional services, making their workflow more streamlined and productive.

Beyond product and service innovations, VIAIM remains committed to its environmental goals, aligning with global best practices in environmental, social, and governance (ESG) initiatives. VIAIM believes that, just as its users seek to improve their daily lives through technology, the company must contribute to a better world for future generations.

VIAIM is fully committed to environmental protection and sustainable development through its use of molded pulp, an environmentally friendly material for packaging while maintaining a laser focus on technology upgrades that reflect its customer-centric philosophy. The company utilizes molded pulp, an eco-friendly packaging material, to minimize environmental impact, while its smart office solutions contributes to a paperless workplace, further reducing waste. This dual focus on customer convenience and sustainability enhances the overall value that VIAIM delivers to its global customer base.

“Innovation serves as a breakthrough in technology and is also a cornerstone of environmental and social responsibility,” said TOM, Product Manager of VIAIM. “With our latest service upgrades, we not only improve the user experience but also make it easier for our customers to participate in sustainable practices. By embracing these advancements, users can contribute to environmental preservation, while enjoying the benefits of advanced cross-language support and smarter office tools. VIAIM’s mission is to bridge technological innovation with social responsibility, inviting our customers to join us in creating a brighter, more sustainable future.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

CONTACT:
Qian Wang
wangqian@vision-intelligence.tech

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SOURCE VIAIM

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G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

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ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.

Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.

Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”

In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.

“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”

By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.

About G42

G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
To know more visit www.g42.ai.

Media contacts
Media and PR Team, G42
media@g42.ai

View original content:https://www.prnewswire.co.uk/news-releases/g42-collaborates-with-nvidia-to-deliver-next-generation-climate-solutions-using-earth-2-302253818.html

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Kawasaki and CB&I Sign Strategic Collaborative Agreement for Promoting Commercial-Use Liquefied Hydrogen Supply Chain

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HOUSTON, Sept. 19, 2024 /PRNewswire/ — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston on September 18, 2024.

“We are very pleased for this opportunity to build and launch a commercial liquefied hydrogen supply chain in cooperation with CB&I,” said Motohiko Nishimura, President, Energy Solutions & Marine Engineering Company, Kawasaki Heavy Industries, Ltd. “By taking advantage of both companies’ strengths and specialized know-how, we aim to cost down hydrogen, strengthen hydrogen supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

Both companies will use their specialized know-how to provide infrastructure that will enable commercial-scale international LH2 supply chains in order to help achieve carbon-neutrality. By leveraging our combined expertise to deliver large-scale LH2 infrastructure solutions, CB&I and Kawasaki are removing barriers, driving down costs and enhancing scalability across the entire supply chain.

“This strategic partnership represents a significant advancement in liquid hydrogen storage capabilities,” said Mark Butts, Senior Vice President of CB&I. “Our technical expertise and extensive experience in liquid hydrogen storage position us at the forefront of the energy transition, delivering reliable storage solutions and executing projects worldwide with proven success.”

Under this agreement, the companies will provide infrastructure to advance the global realization of a sustainable energy economy and meet decarbonization targets. This collaboration will reduce LH2 infrastructure costs and contribute to more widespread use of this clean and efficient energy source.

About CB&I
CB&I is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 130-year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is a wholly owned unrestricted subsidiary of McDermott. To learn more, visit www.cbi.com.

About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott’s innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

About Kawasaki Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en.

Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected benefits from the collaboration agreement discussed in this press release.  Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott’s management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

For media inquiries, please use the contact information below:

Reba Reid
Global Media Relations
+1 281 588 5636
RReid@McDermott.com

Kristi Krupala-Grove
CB&I Media Relations
+1 346 313 9636
KKrupala2@mcdermott.com

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SOURCE McDermott International, Ltd

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