Fintech PR

Huawei Partners with Global Peter Drucker Forum to Empower European SMEs

Published

10 months ago

December 4, 2023

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VIENNA, Dec. 4, 2023 /PRNewswire/ — Huawei took part in the 15th annual Global Peter Drucker Forum, ended on Dec 1, where the company held for the first time a side workshop for European startups. The training bootcamp came as part of Huawei’s pledge to nurture 10,000 startups globally by 2025, and 1000 startups in Europe by 2027.

The Global Peter Drucker Forum is an international conference honoring the management philosophy of the late business guru Peter Drucker who was born in Vienna in 1909. Every year, it brings together global business leaders and scholars to discuss best management practices. This year, the theme was “Creating Resilience – Leading in an age of discontinuity.”

Speaking at the main event, Radoslaw Kedzia, Senior Vice President of Huawei European Region, said: “I believe that technology innovation such as Huawei Cloud AI Pangu model, and management evolution that will adapt to ever changing environment and partnership building, including with SMEs, are key steps to find resilience and bounce back from chaos.”

Huawei and Global Peter Drucker Forum invited about 20 SMEs from Vienna and across Europe to provide them with practical business training and also offer them a valuable opportunity to network and learn from top business practitioners. This side workshop featured interactive masterclasses on practical skills in hiring the right people and product pitches. Lecturers included Carla Arellano, Partner at Greyhound Capital and Professor Curt Carlson, Distinguished Executive in Residence, Worcester Polytechnic Institute.

Participants also learned about how Huawei help accelerate the growth of SMEs. Zhuang Fen, Director of Global Industry Development, Huawei Cloud Global Marketing and Sales Service, said: “We enable startups to unleash their global potential with our dedicated technology support, joint marketing, and cloud services. Startups also benefit from customized cloud credits and access to our vast global network and ecosystem, fostering success in the competitive marketplace.” Other Huawei speakers mentioned the Acceleration4Change and International Startup Scale Up program in Italy and Ireland.

Appearing at the workshop were also managers of young tech firms that had earlier benefitted from working with Huawei. “Ours is a collaborative journey towards migrating our on-premise platforms to the Huawei cloud featuring scalability, security, and efficiency,” said Jonni Malacarne, CEO of Blue Tensor. The company provides an AI-based framework with ready-to-use products Eyerus, for computer vision/predictive analysis) and Linguanalysis for document management, and document management.

Wolfgang Lassl, Chief Strategy Officer, Global Peter Drucker Forum, thanked Huawei for the workshop. “It is fully in line with Peter Drucker´s and our vision: we need an entrepreneurial society and SMEs are the driving force behind it. They innovate and create the basis for its wealth and productive use of resources. By their creativity, they can help us become more resilient.”

Before the Global Peter Drucker Forum, the SMEs had the chance to visit UNIDO (United Nations Industrial Development Organization) to learn about the AIM-Global (Global Alliance on AI for Industry & Manufacturing) and other digitalization initiatives.

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Fintech PR

Bybit Receives Full License in Kazakhstan

Published

5 hours ago

September 27, 2024

CISION (PR Newswire)

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DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce that it has been granted a full license by the Astana Financial Service Authority (AFSA). This significant milestone enables Bybit to operate as a fully authorized market institution in Kazakhstan, marking another step in the company’s global expansion.

Under full authorization from AFSA, Bybit Kazakhstan will offer a comprehensive range of services, including operating a digital asset trading facility, providing custody, dealing in investments as both an agent and principal, and managing investments. Bybit’s new licensing opens many opportunities for users in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

“Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “With this full license, we are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

With this license, Bybit Kazakhstan will now offer various products, including spot and derivatives trading, margin trading, and crypto loans. The Bybit Kazakhstan website, under the domain “bybit.kz,” is scheduled to launch in mid-October 2024. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This new chapter for Bybit in Kazakhstan solidifies the company’s commitment to fostering innovation and growth within the global cryptocurrency landscape. With a fully regulated platform, Bybit is poised to deliver enhanced services that meet the highest standards of compliance and security. Bybit looks forward to building strong relationships with traders in Kazakhstan and across the CIS region, empowering them to navigate the dynamic world of digital assets with confidence.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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Fintech PR

Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds

Published

9 hours ago

September 27, 2024

CISION (PR Newswire)

crypto-derivatives-market-rebounds-amid-positive-sentiment,-bybit-x-block-scholes-report-finds

DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key trends in futures, options, and perpetual contracts.

Following the 50 basis point rate cut on September 18, 2024, both spot and derivatives markets have exhibited positive sentiment. Bitcoin (BTC) and Ethereum (ETH) have seen price increases, while open interest in futures and perpetual swaps remains high. Funding rates have generally been positive, and BTC call open interest has gradually risen. Additionally, the volatility smile has expanded for both BTC and ETH calls, indicating increased investor optimism.

Key Findings from the Report:

Futures Market: While futures trade volumes have declined, open interest remains resilient, suggesting traders are maintaining their positions.
Perpetual Swaps: Perpetual swap open interest and trading volumes have remained relatively stable, indicating consistent trader activity.
Options Market: BTC options activity has favored puts over calls, but open interest for calls is slowly recovering. Implied volatility for short-tenor options has fallen since the Fed’s rate cut, indicating growing bullish sentiment.

Bybit remains committed to providing its users with comprehensive market analysis and tools to help them make informed trading decisions.

For more information and to download the full report, please visit: https://learn.bybit.com/crypto-insights/bybit-x-block-scholescrypto-derivatives-analytics-report-sep-25-2024/

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/crypto-derivatives-market-rebounds-amid-positive-sentiment-bybit-x-block-scholes-report-finds-302261056.html

Fintech PR

NPCI International to Develop UPI-like Real-Time Payments Platform in Trinidad and Tobago

Published

11 hours ago

September 27, 2024

CISION (PR Newswire)

npci-international-to-develop-upi-like-real-time-payments-platform-in-trinidad-and-tobago

Agreement signed with the Ministry of Digital Transformation, Trinidad and Tobago
Marks an important step in expanding India’s digital public goods initiative globally

MUMBAI, India, Sept. 27, 2024 /PRNewswire/ — NPCI International Payments Limited (NIPL) has entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago, to develop a real-time payments platform similar to India’s ‘Unified Payments Interface‘ (UPI). This collaboration marks a significant milestone, making Trinidad and Tobago the first Caribbean nation to adopt the globally renowned UPI. This builds on the strong, longstanding bilateral ties between the two countries.

This strategic partnership aims to empower Trinidad and Tobago to establish a reliable and efficient real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, expanding digital payments in the country and fostering financial inclusion. By leveraging technology and experiences from India’s UPI, the partnership seeks to assist Trinidad and Tobago in modernising its financial ecosystem. This involves enhancing accessibility, affordability, connectivity with domestic and international payment networks in the times to come and ensuring interoperability.

UPI has emerged as a transformative force in India’s financial landscape, registering nearly 15 billion transactions in August 2024, with an estimated value of USD 245 billion. Through strategic collaborations with foreign central banks and governments, NIPL is committed to advancing India’s digital public goods across the globe.

Speaking on the development, Mr. Ritesh Shukla, CEO, NPCI International, said, “Trinidad and Tobago is taking significant steps towards advancing its financial infrastructure, and we are proud to support them in building a secure, sovereign, and scalable payments platform. Our experience with UPI in India has demonstrated how real-time payments can transform economies, by improving access to essential financial services and reducing reliance on cash. We look forward to working closely with the Ministry of Digital Transformation and the Central Bank in Trinidad and Tobago.”

Spokesperson of Ministry of Digital Transformation, Trinidad and Tobago, said, “It is with great anticipation that the Ministry of Digital Transformation and the Ministry of Finance embark on this significant engagement with NIPL to implement a digital payment system for Trinidad and Tobago. Fashioned on India’s UPI, the digital payment platform will facilitate innovation in the Fintech sector, enhance the technical resiliency of the current payment infrastructure by providing a complementary, non-competing digital payments platform with increased security through the reduced use of cash. Moreover, successful implementation will contribute to the financial inclusion of our unbanked citizens. We extend sincere thanks to the Central Bank of Trinidad and Tobago, which continues to be a strategic partner and stakeholder in this important initiative. We look forward to the partnership with NPCI International, as we actively seek to transform the existing payments landscape and establish a modern digital payments ecosystem.”

For more details about NPCI International, click here.

For queries: [email protected]

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