Connect with us

Technology

DigiFT and Chainlink Collaborate To Power Institutional-Grade Tokenization of RWAs

Published

on

The Singapore-based exchange, regulated by the Monetary Authority of Singapore, is using Chainlink CCIP for money market fund tokens available on the DigiFT platform.

SINGAPORE, Oct. 24, 2024 /PRNewswire/ — DigiFT, a Singapore-based exchange regulated by the Monetary Authority of Singapore, and Chainlink—the essential infrastructure for the tokenized asset economy—announced today that DigiFT has adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to expand the accessibility of money market fund tokens available on the DigiFT platform to new audiences across multiple blockchains. Additionally, DigiFT is adopting Chainlink Proof of Reserve to help verify reserves and secure the minting function of the money market fund tokens on DigiFT’s platform. 

DigiFT, which provides financial services for primary issuance and secondary market trading, will benefit from enhanced liquidity for its real-world assets (RWA) tokens by adopting CCIP for secure cross-chain token transfers across multiple chains and as a result improve liquidity on secondary trading markets. Increased liquidity can enable more efficient markets and encourage institutional asset managers to incorporate tokenized assets in their investment strategies. Through the application of CCIP and Proof of Reserve, DigiFT and Chainlink are collaborating to drive institutional adoption of public blockchain and tokenization technology.

“Chainlink CCIP is a foundational technology for enhancing blockchain-based capabilities through secure and seamless interoperability,” said Henry Zhang, Founder and CEO of DigiFT. “By adopting Chainlink CCIP and Proof of Reserve, we are not only expanding DigiFT’s cross-chain reach but also elevating the transparency, security, and reliability of our tokenized RWA offerings. This collaboration strengthens our ability to create an interconnected ecosystem between Web3 and traditional financial services, driving greater adoption and trust among institutional investors.”

“Chainlink CCIP and Proof of Reserve are crucial components for both onchain protocols and traditional financial institutions. We look forward to working with DigiFT to expand the utility and accessibility of their tokenized RWAs with the Chainlink platform,” said Vince Turcotte, Head of Business Development, Banking and Capital Markets, APAC at Chainlink Labs.

Chainlink
Chainlink is the universal platform for pioneering the future of global markets onchain. Chainlink has enabled over $16 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

About DigiFT
DigiFT is Asia’s first regulatory-compliant exchange for on-chain real-world assets to be licensed by the Monetary Authority of Singapore as a Recognised Market Operator and Capital Markets Services provider. DigiFT enables asset owners, particularly financial institutions, to issue blockchain-based security tokens that investors can trade with continuous liquidity using an Automated Market Maker (AMM).

Established in Singapore in 2021, DigiFT is dedicated to meeting regulatory requirements in the markets it operates in, while delivering innovative yet responsible financial solutions that push the boundaries of financial services.

DigiFT’s founding team consists of seasoned executives who have held senior positions at Citi, Standard Chartered Bank, Morgan Stanley, and the Shenzhen Stock Exchange. Their combined expertise spans both traditional and decentralized finance, demonstrating proven track records in the digital assets space.

View original content to download multimedia:https://www.prnewswire.com/news-releases/digift-and-chainlink-collaborate-to-power-institutional-grade-tokenization-of-rwas-302286459.html

SOURCE Chainlink; DigiFT

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

UniFab Debuts Powerful 8K Upscaling and Slow Motion Interpolation Frames

Published

on

By

HONG KONG, Oct. 25, 2024 /PRNewswire/ — UniFab, the world’s leading AI video enhancement provider, officially releases its latest innovations: 8K upscaling model and slow motion interpolation frames.

UniFab’s groundbreaking 8K upscaling model delivers unparalleled video enhancement, transforming low-resolution content into stunning high-definition visuals. With advanced AI algorithms, this innovative technology preserves image quality, reduces noise, and enhances detail, providing a truly immersive viewing experience.

UniFab’s slow motion interpolation frames employ advanced frame-insertion techniques to slow down videos while maintaining the original frame rate, enabling 2x and 4x slow-motion effects. By generating additional intermediate frames, it ensures that slow-motion sequences appear smooth and natural, eliminating the lag or discontinuity often associated with traditional slow-motion methods.

Key Features:

8K Upscaling Model: It enhances the clarity of video content, making intricate textures and fine details more discernible, particularly in scenes with complex visual elements.Improved Clarity: Transforms low-resolution video content into high-definition. The higher pixel density of 8K video can lead to a sharper and clearer outcome, reducing blurriness and graininess.Slow Motion Interpolation Frames: Allow for creating 2x and 4x slow-motion effects while maintaining the original frame rate, ensuring smooth slow-motion sequences.Lag-free Slow Motion: Generates additional frames to ensure natural slow-motion sequences, eliminating the common issues often associated with traditional techniques.

About UniFab

This professional video enhancer software offers a robust toolkit of advanced features for video and audio editing, providing versatile capabilities and exceptional quality enhancement outcomes.

Video Enhancer AI: AI-powered 4K and 8K video for upscaling and enhancing.HDR Upconverter AI: Converts videos from SDR to HDR10/Dolby Vision, delivering richer and more realistic colors.Deinterlace AI: Eliminates flicker and artifacts in interlaced videos, providing a clearer and more stable picture.Video background Remover AI:  Easily remove or replace distracting backgrounds and objects in your videos to keep the focus on what matters most.Audio Upmix AI: Enhances audio tracks from videos to EAC3 5.1 or DTS 7.1 surround sound, delivering a cinematic listening experience.Vocal Remover AI: Remove vocals or instrumental from song or music.Video Converter: Convert over 1000 formats for playback on any device.

The advent of AI-powered video enhancing has ushered in a new era of audiovisual innovation. We cordially invite industry partners and users alike to embark on a journey of discovery and experience the pinnacle of audiovisual excellence.

Contact Information:

Company Name: UniFab

Official Website: https://unifab.ai

JP: https://ja.unifab.ai/

FR: https://fr.unifab.ai/

DE: https://de.unifab.ai/

ZH: https://zh.unifab.ai/

View original content:https://www.prnewswire.com/apac/news-releases/unifab-debuts-powerful-8k-upscaling-and-slow-motion-interpolation-frames-302287052.html

SOURCE UniFab Technology

Continue Reading

Technology

2024 WIC Wuzhen Summit to place heavy focus on AI

Published

on

By

BEIJING, Oct. 25, 2024 /PRNewswire/ — A news report from chinadaily.com.cn:

The 2024 World Internet Conference (WIC) Wuzhen Summit, which is set to take place from Nov 19 to 22 in Wuzhen, East China’s Zhejiang province, will focus heavily on artificial intelligence (AI), according to a press conference held in Beijing on Oct 24.  

Themed “Embracing a People-Centered and AI-for-Good Digital Future – Building a Community with a Shared Future in Cyberspace”, the summit will explore the key issues shaping the future of the internet.

According to the press conference, this year’s summit promises a fresh and dynamic agenda, introducing several new highlights while continuing in the best traditions of previous years.

A key addition to this year’s program is the newly established WIC Distinguished Contribution Award, which will recognize individuals and organizations that have made significant contributions to the global internet landscape. A grand awards ceremony will be held during the summit to honor the recipients.

In addition, the summit will see the formation of the WIC Specialized Committee on Artificial Intelligence (SC on AI). As the first specialized and permanent branch of the WIC, this committee aims to create an international platform for AI cooperation and exchange. The WIC Think Tank Cooperation Program will also be launched, expecting to embrace around 60 leading global think tanks in the internet sector.

Another notable development is the creation of the WIC Digital Academy, which will host the WIC Global Elite Training program. This initiative is designed to provide a platform for government officials, non-governmental organizations and business leaders from around the world, particularly from developing countries, to engage in international training programs.

The summit will feature an opening ceremony, main forum and 24 specialized sub-forums covering a wide range of topics, which will include the Global Development Initiative, the digital economy, open-source ecosystem development, data governance, AI innovation and governance, and youth and the digital future. 

Several of the Wuzhen Summit’s renowned events, including the World Internet Conference Awards for Pioneering Science and Technology, the Outstanding Cases of Jointly Building a Community with a Shared Future in Cyberspace, the Light of the Internet Expo, and the “Straight to Wuzhen” Competition, will also be elevated to a new level this year. During the summit, Zhejiang province will also host permanent characteristic activities.

Hosted by the WIC, the 2024 Wuzhen Summit will be organized by the People’s Government of Zhejiang Province and supported by prominent international organizations, including the United Nations Department of Economic and Social Affairs, the World Intellectual Property Organization, and the Global System for Mobile Communications Association.

View original content:https://www.prnewswire.com/news-releases/2024-wic-wuzhen-summit-to-place-heavy-focus-on-ai-302287065.html

SOURCE chinadaily.com.cn

Continue Reading

Technology

Flapone: Leading Drone Pilot Training Institute in India

Published

on

By

NEW DELHI, Oct. 25, 2024 /PRNewswire/ — The drone market in India is expected to grow to over US$ 4 billion by 2030, and there were more than 13,000 drones registered in India until 2023. Whether it is military, e-commerce, filming, infrastructure, or any other industry, drones have revolutionized the way these sectors operate by making operations faster and more efficient.

As the use of drones has increased rapidly, one cannot forget that the Government of India has made drone licenses mandatory for flying drones in India. It is a great step, as flying a drone without proper training can be quite risky.

Flapone is one of the most popular drone training institutes in India and offers a variety of Drone pilot training courses. The platform is India’s first integrated Aviation Academy for Aircraft & Drone Pilot Training, which means that whether the students want to learn how to fly drones or aircrafts; they can do that under one roof.

Hearing it from the Founder and CEO of Flapone, Mr Pankaj Agarwal, on how they have simplified the drone pilot training process in India, “Our mission is to provide world-class training to our students while ensuring the highest safety standards.

“We aim to make sure every student feels confident and well-prepared to operate drones and aircrafts professionally. By offering both drone and aircraft pilot training under one roof, Flapone ensures that aspiring pilots have access to the best resources and guidance to succeed in the aviation industry.”

He further stated the factors that make Flapone the best aviation academy in India:

DGCA-Approved

It is critical to learn drone flying from training institutes in India that are approved by the Directorate General of Civil Aviation (DGCA), Government of India, to obtain proper certifications. Flapone is a DGCA-approved institute, ensuring that all courses meet the regulatory standards and guidelines set by the aviation authority. This approval guarantees that the training provided is not only up to date, but also aligned with the highest safety and operational standards.

The institute is equipped with cutting-edge technology and training equipment to provide an immersive learning experience for students.

Not only this, the platform also collaborates with leading organizations and industry experts to offer guest lectures, workshops, and multiple training sessions.

Wide Variety of Courses

When it comes to drone pilot training, the platform provides a wide variety of courses. From weekend drone pilot training to in-depth drone training courses, the platform is filled with drone pilot training courses suitable for all age groups.

All the courses are designed in such a way that they are in-depth yet easy to understand, so even beginners can grasp the fundamentals of drone flying. The institute helps students learn drone training within 5 days, which is quite helpful and boosts the student’s confidence.

The courses equally focus on theory and practical lessons to provide a complete learning experience and ensure that students are well aware of all the aspects of drone flying.

Experienced Trainers

The course can only be helpful and valuable if the trainers are equally capable and the company understands it. That’s why they have hired and partnered with the best instructors in the industry. The instructors have more than 18 years of experience in the aviation industry and provide proper guidance to enhance the learning experience.

With their in-depth knowledge and hands-on expertise, they ensure that every trainee gets complete, real-world insights. Their dedication to personalized teaching helps trainees grasp complex concepts and excel in their aviation careers.

Affordable Pricing

The institute is one of the most budget-friendly drone training institutes in India, offering top-notch training at competitive rates. Despite its affordability, the institute does not compromise on the quality of education or facilities. The courses are designed to provide exceptional value, making professional drone training accessible to a wider audience.

About the Company

Flapone is one of the leading drone training institutes in India. The platform has more than 3 centres across the country and has trained more than 1,000 pilots. With a strong focus on safety, innovation, and industry-relevant skills, Flapone is committed to providing high-quality training for both beginners and experienced professionals. The institute’s top-notch facilities and experienced instructors ensure that every trainee is well-prepared to excel in the rapidly growing drone industry.

Contact Info: 

Flapone Aviation

Address: E-551, 2nd Floor, Ramphal Chowk, Sector -7, Dwarka, New Delhi-110075 (near Palam & Dwarka Sector-9 metro station).

Phone: 08048734634
Email: info@flapone.com 

https://www.facebook.com/flapone
https://www.linkedin.com/company/flaponeaviation/
https://www.instagram.com/flaponeaviation/

 

View original content:https://www.prnewswire.com/in/news-releases/flapone-leading-drone-pilot-training-institute-in-india-302287067.html

Continue Reading

Trending