Technology

iSHANG and PSC Insurance Collaborate on Web3 “Proof of Coverage” Insurance Solution under Cyberport Web3 Proof-of-Concept Subsidy Scheme

Published

5 months ago

June 12, 2024

HONG KONG, June 12, 2024 /PRNewswire/ — iSHANG Technology Limited (iSHANG), a leading technology company specializing in Web3 solutions, and PSC Insurance Holdings (HK) Limited (PSC Insurance), subsidiary of PSC Insurance Group publicly listed on ASX, are pleased to announce their collaboration on the Cyberport Web3 Proof-of-Concept Subsidy Scheme to develop a pioneering “Proof of Coverage” Insurance Solution (PoC Solution). The partnership between iSHANG and PSC Insurance brings together their expertise and resources to create a user-friendly interface for policyholders, implement advanced Web3 smart contracts, and establish a secure and scalable infrastructure. This innovative PoC Solution aims to revolutionize the insurance industry by introducing non-transferable NFT (non-fungible token) certificates for policyholders, providing a secure and transparent platform for managing insurance policies. For more information, please visit – https://ishang.com/psc-insurance-group/

The collaboration between iSHANG and PSC Insurance reflects the collective effort to propel the adoption of Web3 technologies and drive digital transformation within the insurance industry, key advantages of PoC Solution include: 1) creating a secure, tamper-proof and transparent record of all transactions; 2) reducing the time and costs associated with claims processing; and 3) using smart contracts to increase efficiency and eliminate the need for manual intervention in routine processes. Web3 technology and blockchain, coupled with PoC Solution, are revolutionizing the insurance industry. They provide insurance companies with a way to ensure data integrity, transaction security and transparency. By leveraging these tools, insurers can streamline claims processing, automate certain tasks and increase trust between insurers and customers.

“Our collaboration with iSHANG, exemplifies our commitment to driving innovation in the insurance sector,” said Dr. Hei Wong, Managing Director of PSC HK Insurance Group (PSC HK Group). “As the insurance industry continues to evolve, Web3 technology will undoubtedly play an increasingly important role in improving transparency and trust between insurers and their customers. With PoC Solution provided by iSHANG, we are confident in developing a secure and efficient platform for managing insurance certificates, ultimately enhancing the experience for our policyholders.”

“We are excited to collaborate with PSC Insurance on the ‘Proof of Coverage’ NFT Certificate Project, and we are grateful for the support from the Cyberport Web3 Proof-of-Concept Subsidy Scheme,” said Samson Lee, Co-founder and CEO of iSHANG. “This partnership, enables us to accelerate the development of our project and deliver a transformative solution to the insurance industry.”

The Cyberport Web3 Proof-of-Concept Subsidy Scheme plays a vital role in fostering innovation and adoption of Web3 technologies across various industries. By providing financial support, the scheme empowers businesses to explore the potential of emerging technologies and accelerate the commercial adoption of Web3 in different industry sectors.

As the insurance industry embraces digitization, the need for transparency and trust becomes critical. Web3 technology and blockchain are revolutionizing the industry, equipping it with cutting-edge tools to protect data integrity and secure transactions. The PoC Solution enables insurance companies to create transparent and secure records of all transactions, streamline claims processing and automate through smart contracts.

About iSHANG Technology Limited (iSHANG)

iSHANG operates a “Web3-as-a-Service” (W3aaS) platform that provides the infrastructure and a gateway for brands & enterprises to enter into the Web3 market. iSHANG W3aaS platform developed 10 x Web3 Solutions that are built on Ethereum and Polygon blockchain using IPFS (Inter Planetary Filing System) decentralized storage system. In addition, iSHANG provides Campaign Driven Launchpad & Marketplace, designed for brands & enterprises to launch their web3 marketing campaigns & facilitates the promotion, customer acquisition, retention programs and also secondary exchange of NFTs. Ultimately, iSHANG also offers one-stop consulting campaign management which develop tailor-made Web3 marketing campaigns empowering brands and enterprises to transform their businesses in various use-cases to capitalize new market opportunities.

For more information about iSHANG, please visit – https://ishang.com/

About PSC Insurance Holdings (HK) Limited

PSC Insurance Holdings (HK) Limited is a subsidiary of PSC Insurance Group Ltd (ASX: PSI), a diversified insurance services group with operations in Australia, United Kingdom, Hong Kong, Vietnam and New Zealand. We operate through 4 operating segments and have over 40 trading businesses across the Group.

For more information about PSC Insurance, please visit – www.pscinsurancegroup.com.au/ and www.charter-gilman.com.hk/

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SOURCE iSHANG

Technology

Gentoo Media – Mandatory notification of trade

Published

28 minutes ago

November 14, 2024

ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

Technology

Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

Published

28 minutes ago

November 14, 2024

BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

Technology

Agoda Highlights Five Urban Hikes for Adventurous Travelers

Published

28 minutes ago

November 14, 2024

SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

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SOURCE Agoda

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