Technology

XDC Network Announces Partnership with Plug and Play’s Innovation Platform

Published

2 days ago

November 12, 2024

SINGAPORE, Nov. 12, 2024 /PRNewswire/ — XDC Network, an enterprise-grade Layer 1 blockchain designed for secure, scalable, and efficient operations that supports trade finance, real-world asset (RWA) tokenization, and decentralized applications for both enterprises and retail users, has announced its partnership with Plug and Play’s global open innovation platform to launch the XDC Payments Program. The program will identify and collaborate with the best payments-based web 3.0 solutions that can enrich the XDC Network.

“The XDC Network aims to empower the next-generation payment companies, banks, and FIs with Web3-ready, API-driven infra designed for seamless cross-border payments, ISO 20022-compliant messaging, and secure digital document transfers. We are thrilled to launch a payments-focused program with Plug and Play, whose expertise will be instrumental in cultivating innovative new ventures on the XDC Network,” said Atul Khekade, Co-Founder of XDC Network.

With this partnership, startups in the payments industry will have the chance to leverage XDC Network’s resources and support. “This is an incredible opportunity for startups looking to shape the future of payments on a secure, scalable blockchain by gaining access to cutting-edge infrastructure, mentorship, and a collaborative environment that accelerates their growth within the XDC ecosystem,” said Sonny Mohanty, Head of Ventures and Ecosystem Development at XDC Network. “We invite innovative payment solutions to reach out and become a part of this journey, co-creating the future of cross-border transactions and DeFi with us.”

Plug and Play’s leading fintech vertical maintains a strong presence globally and throughout the APAC region, with more than 70 corporate partners and 2,000 accelerated startups. “XDC has been an invaluable global partner for us in the RWA (Real World Assets tokenization) Accelerator, and this new collaboration focused on payment solutions deepens our shared commitment. Together, we’ll provide dedicated support for projects advancing cross-border payments, infrastructure and developer tools, payments accessibility, DeFi, and liquidity solutions,” said Manav Narang, Director and Head of Financial Services at Plug and Play APAC.

Committed to driving innovation in the fintech and payments industry, Plug and Play and XDC Network will work with startups to co-build payments-based web 3.0 solutions on the XDC Network. Startups seeking potential collaboration opportunities are invited to indicate their interest for the XDC Payments Program here: https://plugandplay-apac.typeform.com/to/a0XS7lTM

About XDC Network

Since its mainnet launch in 2019, the XDC Network is a Layer 1 blockchain offering EVM compatibility and employs a Delegated Proof of Stake (DPoS) consensus mechanism combined with advanced Byzantine-Fault-Tolerant (BFT) technology, enabling near-instant transactions, minimal gas fees, and a throughput of over 2,000 transactions per second (TPS). It also features a Layer-2 subnet system allowing enterprises, governments, and individuals to launch sovereign and privacy-preserving subnets that inherit the security of the XDC mainnet.

XDC Network, following the XDC 2.0 upgrade, is now positioned as the foundational infrastructure enabling seamless payments across industries. With a focus on scalability, security, and interoperability, the XDC Network is designed to support the growing demands of digital payments across a wide range of use cases, making it the bedrock for the next generation of financial systems.

Find more information about XDC Network, visit XinFin.org

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 60 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 80,000 startups and 620 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs and host more than 700 networking events per year. Companies in our community have raised over $12 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, and PayPal.

Our Asia Pacific headquarters was launched in Singapore in 2010 and we have since expanded into Malaysia, Indonesia, the Philippines, and Thailand. Since then we have invested in more than 100 startups and have collaborated with various governments as well as multinational and regional corporations to multiply their innovation efforts through initiatives such as industry-specific accelerator programs.

For more information: visit www.plugandplayapac.com

View original content:https://www.prnewswire.com/apac/news-releases/xdc-network-announces-partnership-with-plug-and-plays-innovation-platform-302300693.html

SOURCE Plug and Play APAC

Technology

Gentoo Media – Mandatory notification of trade

Published

49 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

49 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

49 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.

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SOURCE Agoda

Technology4 days ago

CloudOne Digital Appoints Packet Cofounder and Former Equinix Executive Zach Smith to Board of Directors to Drive Growth in Bare Metal and Hybrid-Cloud Solutions