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LBank Exchange Will List DragonVein Coin (DVC) on January 5, 2022

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Internet City, Dubai–(Newsfile Corp. – January 1, 2022) – LBank Exchange, a global digital asset trading platform, will list DragonVein Coin (DVC) on January 5, 2022. For all users of LBank Exchange, the DVC/USDT trading pair will be officially available for trading at 15:00 (UTC+8) on January 5, 2022.

Figure 1: LBank Exchange Will List DragonVein Coin (DVC) on January 5, 2022

In traditional internet technologies, digital content distribution relies on centralized CDN services which are way too expensive, and the copyright value of those content is severely undervalued. Furthermore, content creators often cannot continuously benefit from the content they create, and there is no incentive for users as well. To solve these problems, a project named DragonVein makes use of the blockchain and edge network technologies to significantly lower the barrier for users of digital content, and protect the benefits of content creators, especially in the VR space. Its native token DragonVein Coin (DVC) will be listed on LBank Exchange at 15:00 (UTC+8) on January 5, 2022, to further expand its global reach and help it achieve its vision.

Introducing DragonVein

Based on a secure, smart, high-speed and affordable blockchain platform, DragonVein is a digital content assetization platform that manages digital content intellectual property. It provides decentralized storage, a unified content platform, and an NFT- based digital content trading platform for digital content creators. Through an unchangeable, traceable, and reliable blockchain smart contract system, it can complete copyright confirmation, reduce the cost of creation and channel management, and motivate content creators to produce more excellent content.

Smart contracts are a core component in determining content ownership across the DragonVein ecosystem and are designed to protect the rights of creators. By providing smart contracts, the DragonVein ecosystem can reduce the risk for creators, thereby encouraging them to create more content, thus creating a positive cycle for the entire industry of digital content including audio and video streaming, texts and slides, games and applications, educational courseware and so on.

With a perfect blockchain incentive system, every DragonVein user can get the benefit of shared storage and traffic through a peer-to-peer distributed storage network. At the same time, DragonVein’s distributed storage network also has the advantage of being more efficient and economical than traditional CDN distribution networks, saving up to 60% of traffic distribution costs.

As for the VR digital content and ecosystem incentive, the VR technology providers will provide creator a set of creation kit free of charge, so that creator can create and publish the content using it. DragonVein will give the VR technology providers and VR content makers certain amount of tokens based on the purchase, playback and other parameters of the fingerprinted content. Also, the function of trading is added to all digital assets in DragonVein ecosystem, content creators can upload their digital content to DragonVein and bundle it with NFTs to trade digital content through the NFT marketplace.

In education, with a personalized learning system, artificial intelligence can be powerful in logical fields such as math, science, and programming. All processes of sending and receiving feedback with artificial intelligence are recorded on the DragonVein blockchain. This record provides an objective diagnosis of an individual’s characteristics and strengths, and based on this, artificial intelligence could advise or decides the individual’s career path.

DragonVein also produces DvBox, a smart hardware that integrates 5G intelligent gateway, VR player, PoS and PoW supported cryptocurrency mining. Every DvBox has a built-in DVC account, users can import an existing account as well. Sharing LAN idle computing power, bandwidth and storage through DvBox, users will obtain the DragonVein Coin as reward. Each DvBox can connect to other DvBoxes and distribute the stored content to other DragonVein devices, at which point the DvBox will act as the DragonVein’s digital content distribution node.

About DVC Token

As a unified currency of the DragonVein, DVC can be used to trade, rent and purchase content within the ecosystems, as well as customize one’s favorite content. DVC can be used to complete the distribution and promotion of VR content, intellectual property trading, intellectual property ownership confirmation, equipment trading, etc.

Users can obtain DVC through mining, paid content revenue, content consumption dividend, NFT trading, and of course, trading on exchanges. The DVC token will be listed on LBank Exchange at 15:00 (UTC+8) on January 5, 2022, investors who are interested in DragonVein investment can easily buy and sell DVC on LBank Exchange by then. The listing of DVC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about DVC Token:

Official Website: http://www.dragonvein.io/

Telegram: https://t.me/DRAGONVEIN (Announce) / https://t.me/dragonveinchat (Chat)

Twitter: https://twitter.com/DragonVeinChain

Medium: https://dragonvein.medium.com/

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram
l Twitter
l Facebook
l Linkedin

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108864

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Monese and Coreless Banking Subsidiary XYB Secure New Funding Prior to Separation

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Monese, alongside its Platform-as-a-Service (PaaS) subsidiary XYB, has successfully raised fresh funding as part of preparations for the group’s upcoming division into two separate entities.

While the exact total amount of funding and the identities of the investors remain undisclosed by the banking services provider, it has been revealed that XYB specifically attracted capital from both existing and new investors.

Monese had been actively seeking new funding throughout 2024, following its announcement of a £30.5 million loss for the fiscal year 2022.

Late last month, the company officially announced its plans to split from XYB. Although a definitive timeline for this division has not yet been established, it will result in the consumer-facing money app and the XYB unit functioning as distinct companies.

Post-separation, both entities will continue to collaborate on strategic partnerships, as stated in the group’s announcement. Monese will retain its current CEO, Norris Koppel, while XYB will be led by a new CEO, whose appointment is expected to be disclosed in the near future.

Norris Koppel expressed confidence in the separation process, highlighting its potential to unlock growth opportunities for both Monese and XYB. He emphasized that the split will provide each business with the necessary focus to thrive independently.

Source: fintechfutures.com

The post Monese and Coreless Banking Subsidiary XYB Secure New Funding Prior to Separation appeared first on HIPTHER Alerts.

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FloQast Appoints Josh Glover, Former nCino Executive, as President and CRO

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FloQast, a fintech company based in the United States specializing in finance and accounting operations, has appointed Josh Glover, a former executive at nCino, as its new President and Chief Revenue Officer (CRO).

Glover will oversee all go-to-market units, including customer success, sales, marketing, and business development, and will report directly to FloQast co-founder and CEO, Mike Whitmire.

He succeeds Ken Sims, who will transition into the newly created role of Chief Business Development Officer.

Before joining FloQast, Glover spent over 11 years at nCino, a cloud banking technology provider, where he rose through the ranks to become President and CRO, the same title he now holds at FloQast.

Prior to his fintech career, Glover served as a Marine Corps special operations and infantry officer for over a decade, leading four combat deployments, including three tours to Iraq and one to Afghanistan. He has been honored with several awards for his service, including the Bronze Star Medal for valor, the Silver Star Medal, and three Purple Heart Medals, among others.

Whitmire emphasized Glover’s exceptional leadership qualities and extensive experience, stating that he is the ideal candidate to lead FloQast’s revenue growth initiatives.

Founded in 2013, FloQast utilizes AI technology to streamline the month-end closing process. Earlier this month, the company announced the successful conclusion of its Series E funding round, securing $100 million and achieving a post-money valuation of $1.6 billion.

Source: fintechfutures.com

The post FloQast Appoints Josh Glover, Former nCino Executive, as President and CRO appeared first on HIPTHER Alerts.

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Multiple achievements made in China-Hungary BRI conference

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BUDAPEST, Hungary, May 3, 2024 /PRNewswire/ — Multiple achievements were made on Thursday at a conference focused on cooperation between China and Hungary under the Belt and Road Initiative (BRI) framework.

Under the guidance of China’s State Council Information Office, the conference was co-hosted by Xinhua News Agency and Hungary’s ATV Media Group in Budapest.

Xinhua has always been committed to concentrating efforts and contributing to the joint building of the Belt and Road between the two countries, President of Xinhua News Agency Fu Hua said while addressing the event.

The conference aims to further implement the consensus reached by leaders of the two countries and promote pragmatic cooperation at various levels across the board so as to make new and greater contributions to the Belt and Road cooperation between the two countries with more innovative results, Fu said.

At the conference, the Belt and Road Economic Information Partnership (BREIP), which was initiated by Xinhua News Agency, inaugurated an Eastern European liaison office.

The China NGO Network for International Exchanges launched a non-governmental Belt and Road cooperation project with Hungary.

The official website of the BRI introduced a dedicated sector for industrial cooperation between China and Hungary.

A report on investment and cooperation between the two countries under the Belt and Road framework was also released.

About 200 people, including government officials, representatives from chambers of commerce and the business sector, as well as heads of major media outlets and think tanks from both countries joined the event.

Fu noted that Xinhua will continue to provide in-depth coverage of high-level interactions between the two countries and present major achievements of the two countries’ high-quality Belt and Road cooperation in an all-round and multi-perspective manner.

Stressing efforts to strengthen exchanges with Hungarian think tanks, Fu also urged making full use of platforms and mechanisms including the World Media Summit and the BREIP to roll out even more tangible results.

Fu also stressed the importance of providing services for ChinaHungary cooperation in various areas and better promoting the in-depth integration of the BRI cooperation and Hungary’s “Opening to the East” policy.

Hungary and China have achieved fruitful results in Belt and Road cooperation, Hungarian Minister for National Economy Marton Nagy said at the conference, citing the Hungary-Serbia railway project as an example.

Hungary sees China’s economic development as an important opportunity, Nagy said, stressing that investment from Chinese companies including Bank of China, CATL and BYD has been driving the development of related industries.

Nagy said Hungary is willing to strengthen mutually beneficial cooperation with China in areas such as infrastructure and high-tech, and act as a link between China and Europe.

Liu Hongcai, deputy head of the Chinese Association for International Understanding, called for efforts from various sectors of the two countries to thoroughly implement the important consensus reached by the leaders of the two countries and further promote people-to-people exchanges and mutual learning between civilizations.

More momentum for future-oriented cooperation should be fostered and cooperation platforms at all levels should make full use of their advantages to respond to global challenges, Liu said.

Liu voiced his hope that people from all walks of life in the two countries will make active contributions to promoting bilateral relations.

During the past years, economic ties and trade between the two countries have flourished, said Tamas Kovacs, CEO of ATV.

Based on the extensive cooperation between ATV and Chinese media outlets, the audience is able to have a better understanding of the fruitful achievements of the two countries’ joint efforts, Kovacs said, adding that such cooperation will be carried on to help the two peoples to better understand each other’s culture and values.

Participating guests also visited a photo exhibition on the pragmatic BRI cooperation between China and Hungary.

Photo – https://mma.prnewswire.com/media/2404123/President_Xinhua_News_Agency_Fu_Hua_addresses_a_conference_focused.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/multiple-achievements-made-in-china-hungary-bri-conference-302135240.html

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