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Cordial Systems rolls out enhanced staking and wallet co-hosting solutions: Early partners include Kiln, Figment, Bridgetower Capital, and Twinstake

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Cordial Systems rolls out staking support for Ethereum, Solana, and Cosmos blockchains, with plans to support 40+ more, offering clear-signing-only transactions for enhanced security and allowing onboarded staking providers to co-host Cordial Treasury Software for increased customer security and distributed wallet support.

NEW YORK, Sept. 5, 2024 /PRNewswire-PRWeb/ — Cordial Systems, a provider of institutional-grade self-custody software using a Zero Trust security model, announces the roll-out of staking support for Ethereum, Solana, and Cosmos blockchains, with plans to expand to the 40+ relevant chains supported by Cordial Treasury. The rollout is in partnership with leading staking providers Kiln, Figment, Bridgetower Capital, and Twinstake.

“All of our staking-related flows include clear-signing transactions and policy control features. These developments further solidify our position as the only wallet to keep up with the front office of the most demanding institutions in crypto.”

“Cordial Treasury now includes staking. All of our staking-related flows include clear-signing transactions and policy control features. We also extend our existing capabilities of being able to add wallet support for any blockchain in 1-2 weeks to also include staking support in that time with our best-in-class staking partners. These developments further solidify our position as the only wallet to keep up with the front office of the most demanding institutions in crypto,” said Sebastian Higgs, Co-founder and COO of Cordial Systems.

Figment, the leading global provider of staking infrastructure with over 500 institutional clients and $15 billion in assets staked, is excited to be working with the Cordial team as a staking service provider.

“Cordial’s ability to rapidly add support for new protocols combined with Figment’s role as a staking provider for new networks will enable foundations and institutional investors to earn staking rewards from token launch.” said Ben Spiegelman, VP, head of corporate development and partnerships at Figment.

“This partnership is strategically important as it allows us to co-host wallet infrastructure with Cordial, enabling us to deliver secure, accessible staking and a broader spectrum of operational support to work with our mutual clients.” remarked Laszlo Szabo, Co-founder and CEO at Kiln.

As one of the leading staking and digital asset rewards management platforms, Kiln runs validators on all major PoS blockchains, with over $8.6 billion in crypto assets being programmatically staked.

“This partnership marks a significant milestone in our journey to provide increased governance using blockchain technologies,” said Cory Pugh, CEO of Bridgetower Capital. “By combining our strengths, we are well-positioned to deliver groundbreaking solutions to our customers that will drive efficiency, security, and growth for businesses worldwide.”

Bridgetower Capital is a digital asset, blockchain infrastructure company focusing on carbon-neutral business operations.

“Partnering with Cordial Systems enhances our commitment to delivering unparalleled security and operational resilience in staking, and strengthens our ability to offer top-tier, secure staking services to institutional clients,” said Twinstake CEO Andrew Gibb.

Twinstake is the premier non-custodial staking provider for institutional clients, prioritizing reliability, transparency, and robust security measures to ensure optimal staking performance for financial institutions.

This collaboration ensures that staking across major PoS blockchains with the assurance of clear-signing only—eliminating raw and blind transaction signing is done securely. Cordial’s advanced policy engine allows institutions to tailor their staking operations with hardcoded rules or policies —turning available chains in their wallet “on/off,” setting validator address allowlists, implementing velocity limits, and more.

In an industry first, through these partnerships, Cordial Systems offers a co-hosted wallet infrastructure option for institutions already onboarded with these trusted infrastructure providers. While some firms want to self-host all servers running the Cordial Treasury wallet software, others prefer to have a trusted operating partner who can run half or a minority portion of the nodes on Cordial Treasury – like a more robust co-signing option. This enables clients to mitigate insider threats by operating their wallets in diversified computing environments through their onboarded staking provider, increasing operational resilience.

The operating partner can simply run a node to provide active redundancy, or run multiple nodes to ensure broader service availability. This represents a significant leap in operational security and resilience, going beyond the basic approach of simply distributing keys between the customer, custodian, and/or a third party. All parties run all wallet infrastructure processes under the hood in a zero-trust manner with the customer retaining self-custody and control.

As the Cordial Treasury product continues to evolve, the applications of distributed infrastructure extend beyond co-hosting setups of wallets. The interoperability and shared ledger would provide some much-needed efficiencies in capital and collateral management. Moving beyond simply mirroring database credits and debits, to moving towards true funding and liquidity management via portfolio-level netting, settlement, and margining. This would represent a significant leap forward in the market, focusing on pruning gross transaction settlement and gross notional exposure, along with the associated balance sheet costs. Cordial’s customers and partners understand the direction of the market and look to Cordial Systems to help materialize it.

Cordial Systems looks forward to further rolling out its staking capabilities, co-hosting arrangements, and introducing other innovations to support the wider crypto and digital asset market infrastructure.

To learn more about Cordial Systems, please visit cordialsystems.com.

For media inquiries, please contact Dayana Aleksandrova at (310) 260-7901 or Dayana (at) MelrosePR (dot) com.

About Cordial Systems
Cordial Systems provides institutional-grade self-custody software utilizing a zero-trust security model. With a focus on security, flexibility, and innovation, Cordial Systems supports over 40+ blockchains, enabling institutions to securely manage and stake digital assets with advanced policy controls.

Media Contact

Dayana Aleksandrova, Cordial Systems, (310) 260-7901, dayana@melrosepr.com, https://cordialsystems.com/

View original content:https://www.prweb.com/releases/cordial-systems-rolls-out-enhanced-staking-and-wallet-co-hosting-solutions-early-partners-include-kiln-figment-bridgetower-capital-and-twinstake-302239431.html

SOURCE Cordial Systems

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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

View original content to download multimedia:https://www.prnewswire.com/news-releases/kawasaki-and-cbi-sign-strategic-collaborative-agreement-for-promoting-commercial-use-liquefied-hydrogen-supply-chain-302253698.html

SOURCE McDermott International, Ltd

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