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Former Deputy Group CEO of Bank of China (Hong Kong) Limited Dr. David Wong Joins IDA as Board Chairman

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Leading IDA to unleash the power of stablecoins & propel Hong Kong as a global digital asset hub

HONG KONG, Oct. 18, 2024 /PRNewswire/ — IDA, a Hong Kong-based fiat-referenced stablecoin issuer, officially announced the appointment of Dr. David Wong as its Board Chairman today. Dr. Wong will guide the strategic vision and corporate governance of IDA as it prepares for the launch of its fiat-referenced stablecoin, HKDA.

With over 30 years of distinguished experience in the banking industry, Dr. Wong is a formidable addition to IDA’s leadership team. Previously serving as Deputy Group CEO of Bank of China (Hong Kong) Limited, he oversaw a diverse array of financial market operations, including global markets, global transaction banking, investment management, insurance, asset management and other capital market-related businesses. His extensive background, particularly in promoting the internationalization of the RMB, equips him with valuable insights into regulatory frameworks and strategies for market adoption. These are crucial for advancing the use of stablecoins in global finance.

“Having witnessed the evolution of Hong Kong’s financial market over the past three decades — its challenges and opportunities — I am eager to contribute to the future of finance 2.0,” Dr. Wong remarked. “IDA is at the forefront of innovation in Web3 financial services. Its mission to enhance cross-border trades and payments through blockchain technology perfectly aligns with my vision of driving a sustainable and responsible Web3 financial ecosystem. Together, we can unlock financial inclusion and drive mainstream adoption of stablecoins.”

IDA is committed to positioning Hong Kong as a leading global digital asset hub. The HKSAR Government’s strong support for establishing a comprehensive stablecoin regulatory regime will accelerate Web3 development in the region.  By leveraging this support, IDA aims to attract a diverse range of businesses and investors, fostering a vibrant ecosystem that encourages growth and innovation. Dr. Wong underscored the importance of a supportive regulatory framework, stating, “By embracing blockchain technology and digital finance, we can propel Hong Kong’s status as the preferred destination for digital asset investment and innovation.”

Lawrence Chu, co-founder and CEO of IDA, expressed excitement about Dr. Wong’s appointment: “Dr. Wong is a visionary leader with a proven track record of advancing Hong Kong’s financial landscape. His insights will be invaluable as we navigate the complexities of corporate governance and chart a path for IDA’s innovative growth.” 

IDA’s stablecoin solutions will not only facilitate seamless transactions, but also enhance liquidity and transparency in the market. This will enable investors to engage with a wider array of asset classes, driving further interest and investment in Hong Kong’s digital economy. “IDA is currently in discussions with prominent companies in cross -border payments, banks, exchanges, virtual asset exchanges, retail businesses and real-world assets (RWAs) to explore the use of HKDA for B2B payments and tokenization.  By fostering partnerships, IDA aims to create an inclusive environment that benefits all stakeholders involved,” Lawrence added.

Joining Dr. Wong on the board is a dynamic team, including Martin Baumann, managing partner and co-founder of CMCC Global, alongside IDA co-founders Lawrence Chu and Sean Lee. This collaborative board brings together a wealth of expertise, ensuring a robust governance framework as IDA embarks on its ambitious journey.

About IDA Finance Hong Kong Limited (IDA)

IDA is the premier digital asset technology company to spearhead the widespread adoption of blockchain finance and to empower businesses to seamlessly integrate between Web2 and Web3.   

HKDA, a fiat-referenced stablecoin built on public blockchain protocols, will be the first product launched by IDA.  HKDA is designed to drive enhanced digital connectivity for seamless commerce and payments between Hong Kong and global markets, 24/7/365.  To maintain the highest level of security and stability, all circulating HKDA will always be fully backed by at least 100% reserve assets in regulated Hong Kong based authorized institutions.   

To maximize the network effect of HKDA for domestic and cross-border usage, IDA is partnering with key industry players to facilitate the minting, redemption and widespread acceptance of HKDA as a payment and settlement digital currency.   In subsequent phases, IDA will also launch key products denominated in other US Dollar (USD) pegged currencies with ecosystem partners across regulated financial institutions and Web3 platforms. 

More information can be found at www.idafi.xyz / LinkedIn / X 

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SOURCE IDA

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VOX Solutions redefines telecom excellence with a record number of seven industry awards in 2024

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January 15, 2025

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HONG KONG, Jan. 15, 2025 /PRNewswire/ — VOX Solutions, a leading innovator in the telecom sector, has made waves in 2024 by securing an impressive seven prestigious awards. This year’s accolades not only underscore VOX Solutions’ groundbreaking contributions to the industry, but also spotlight its unwavering drive to transform the future of global communication. From harnessing AI to creating innovative monetisation strategies, VOX Solutions continues to lead the charge in reshaping the international telecom landscape.

VOX Solutions’ success is a testament to its relentless pursuit of excellence and highlight the company’s commitment to innovation, security, and delivering unparalleled value to its partners and customers worldwide.

2024 Award Highlights:

Tier 1 Vendor in ROCCO’s 2024 SMS Monetisation Market Impact Report: Setting the gold standard in SMS monetisation solutions for mobile network operators (MNOs).Tier 1 Vendor in ROCCO’s 2024 A2P SMS Messaging Market Impact Report: Redefining seamless and reliable A2P SMS messaging services on a global scale.Best AI Integration at the Antonio Meucci Global Telco Awards: Pioneering the use of artificial intelligence to revolutionize connectivity and operational efficiency.Best AI/ML Innovation at the Global Connectivity Awards: Transforming telecom with innovative AI and machine learning technologies.Best Security Solution Provider at the CC-Global Awards: Reinforcing its leadership in creating secure and robust telecommunications solutions.Platinum Award for Best Flash Call Authentication Solution at Future Digital Awards: Innovating authentication technologies to enhance security and user experience.Most Innovative Product/Service/Automation Europe at the Telecom Review Excellence Awards: Continually raising the bar with visionary product development and automation solutions.

Reflecting on this momentous achievement, Ehsan Ahmadi, CEO of VOX Solutions, said, “This incredible recognition inspires us to continue pushing the boundaries of what is possible in telecommunications. These awards are also a celebration of our team’s hard work and our unwavering commitment to our partners and customers.”

About VOX Solutions

Vox Solutions simplifies, improves, and optimizes Voice and SMS channels using the latest innovations in technology. The company enables mobile operators to monetize their A2P services in a sustainable way, leveraging proprietary technology.

Vox Solutions utilizes its multi-award-winning anti-fraud technology, VOX-360, to offer a reliable, accurate and real-time view of operators’ voice and SMS services. By partnering with operators, Vox Solutions provides secure & reliable 2FA services to enterprises, globally.

For MNOs, Vox Solutions is focused on monetization of SMS and Voice services, being the first company in the market to offer a Flash Calling (Voice A2P) end-to-end solution.

For the enterprise segment, Vox Solutions focus on A2P messaging, A2P & P2P Voice, while also providing solutions focused on Cloud Communications.

Its unique VOX-360 solution also won numerous global awards for the anti-fraud, flash call authentication and AI/ML innovations.

www.voxsolutions.co

 

View original content:https://www.prnewswire.co.uk/news-releases/vox-solutions-redefines-telecom-excellence-with-a-record-number-of-seven-industry-awards-in-2024-302350656.html

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Shining at CES 2025, TCL Garners Multiple Awards for Display Innovations and Smart Home Solutions

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January 15, 2025

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LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, has been honored with multiple awards at CES 2025, demonstrating its technological excellence in display innovations and smart home solutions. Among the highlights is the TCL 50 PRO NXTPAPER 5G smartphone, which received the prestigious CES 2025 Innovation Award in the Mobile Devices, Accessories & Apps category.

Additionally, TCL also garnered six accolades at the 2024-2025 Global Top Brands Awards Ceremony (GTB), recognized across a broad range of product categories, from TVs and air conditioners to washing machines. The TCL Premium QD-Mini LED TV X11K received the “Mini LED Display Technology Innovation Award” for its unparalleled visual detail, clarity, and depth. The FreshIN Series Air Conditioner was recognized with the “Smart Fresh Air Technology Innovation Award”, while the TCL Super Drum Series Front Load Washing Machine earned the “Clean Technology Innovation Gold Award”. Furthermore, TCL was named among the “2024-2025 CE Brands Top 10” and “2024-2025 Global TV Brands Top 10”, underscoring its leadership and influence in the industry.

Founded by the International Data Group (IDG) in 2006, these awards, organized by Asia Digital Group and Europe Digital Group, and co-hosted by TWICE with support from IDC, are among the most influential recognitions in the consumer electronics sector. Bill Jiang, Vice President of TCL Industries and General Manager of the Global Marketing Center, accepted the awards on behalf of the company.

Other TCL product categories, such as smart locks, RayNeo AR Glasses, and mobile routers, also received multiple “Best of CES 2025” awards from international media.Besides, TCL’s 5G RedCap dongle, the TCL LINKPORT IK511, along with TCL 50 PRO NXTPAPER 5G were honored with the 2025 CES Picks Award in the TechRadar Pro category. On the eve of CES, TCL was awarded the 2025 Circana Consumer Electronics Performance Award for Top Increase in TV market share in North America.

About TCL Electronics

TCL Electronics (1070.HK) is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

SOURCE TCL

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Best Cost Segregation Study Service of 2025 by Techbullion

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January 15, 2025

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Recognition Highlights Cost Segregation Guys’ Expertise and Client-Centric Approach in Delivering Tax Savings for Real Estate Investors Nationwide.

CHEYENNE, Wyo., Jan. 15, 2025 /PRNewswire-PRWeb/ — Cost Segregation Guys, a leading provider of cost segregation services, has been recognized as the best cost segregation study company of 2025 by Techbullion, a trusted resource for financial and technology news. This recognition underscores the company’s dedication to delivering measurable tax-saving solutions for real estate investors nationwide.

Cost Segregation Guys specializes in maximizing tax savings for property owners by accelerating depreciation deductions through comprehensive cost segregation studies. By reclassifying building components and land improvements into shorter recovery periods, the company empowers clients to reduce taxable income and enhance cash flow.

“We are honored to be recognized among the top cost segregation companies for 2025,” said Ivy Yamaro, Manager of Cost Segregation Guys. “This achievement reflects our dedication to providing industry-leading expertise and exceptional service to our clients. Our mission has always been to empower property owners with the tools and insights needed to optimize their financial strategies.”

Cost Segregation Guys has built its reputation on its in-depth knowledge of tax laws, engineering-based analysis, and client-centric approach. With decades of experience, 12,000 happy clients, and over $500m in depreciation for its clients, there is no question their team knows the ins and outs of cost segregation studies. The company’s team of experts combines technical precision with personalized service, ensuring each client receives a customized solution tailored to their specific property and financial goals.

The real estate market in 2025 is becoming increasingly competitive, and cost segregation has emerged as a critical strategy for investors seeking to optimize profitability. Cost Segregation Guys leverages advanced methodologies and stays ahead of industry trends to ensure clients receive tailored solutions that maximize their financial benefits.

Techbullion’s recognition highlights the company’s continued role as a leader in the field. Cost Segregation Guys is celebrated not only for its technical precision but also for its transparency, integrity, and unwavering focus on client success.

For property owners seeking to unlock significant tax savings, Cost Segregation Guys offers innovative tools and resources designed to enhance financial performance. To learn more, visit http://www.costsegregationguys.com or schedule a complimentary consultation.

About Cost Segregation Guys

Cost Segregation Guys is a leading provider of cost segregation services, specializing in helping real estate investors accelerate depreciation and reduce tax liabilities. With a commitment to innovation, precision, and client satisfaction, the company delivers substantial financial benefits to property owners across the country.

Media Contact

David Peterson, Cost Segregation Guys, +1(406) 626-7978, Hey@costsegregationguys.com, https://costsegregationguys.com/

View original content to download multimedia:https://www.prweb.com/releases/best-cost-segregation-study-service-of-2025-by-techbullion-302351426.html

SOURCE Cost Segregation Guys

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