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Huawei’s New FusionServer 2298 V5 in the Spotlight at ISP Summit

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At the Huawei ISP Summit Asia Pacific 2019, Huawei showcased a rich package of intelligent computing products, including the brand new FusionServer 2298 V5 ultra-high-density storage server, TaiShan – the industry’s highest-performance ARM-based server, and the SSD intelligent accelerator component.

The FusionServer 2298 V5 storage server aims to provide large-room and cost-effective storage for customers such as Internet service providers, enterprises, and carriers. It is applicable to software-defined storage, big data, backup and archiving, and other storage-intensive scenarios such as warm/cold data storage. FusionServer 2298 V5 features ultra-high density, superb performance, easy maintenance, convenient management, and high expandability. The 2298 V5 supports up to 24×3.5” hard drives and 4×2.5” hard drives (up to 4 NVMe SSDs) in a 2U space, offering a storage capacity of near 400 TB, 40% larger than that of Huawei 2U servers of the same generation. The 2298 V5 leverages a hybrid storage architecture and supports tiered data storage, with flexible and large-capacity local storage expansion, reducing data storage costs.

It supports highly flexible I/O with 2xGE and 2x10GE LAN on motherboard (LOM) ports, simplifying network configuration and meets network requirements in most application scenarios. It also supports OCP2.0 standard I/O interfaces and is applicable to cloud data center deployment. The 2298 V5 supports independent power on/off of each single hard drive, implementing precise service and device control. It also supports effective energy-saving technologies. All these innovations translate into tangible benefits for customers.

With the artificial intelligence (AI) era impacting all industries, enterprises are turning to cloud computing and big data technologies to improve productivity and are transforming business models and service models with AI applications. The advancement of AI technologies depends on powerful computing and big data analytics capabilities and emerging trends pose increasing demands for the computing and storage capacity of servers. Against this backdrop, it has become an industry imperative to smarten up data centers, increase server capacity, improve O&M efficiency, and reduce data storage costs.

 

SOURCE Huawei

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Fourth Tashkent International Investment Forum launched as Uzbekistan continues FDI drive

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With Uzbekistan’s economy nearly doubling with 6% GDP growth in 2023 and over $90 billion in foreign investments have been attracted, TIIF 2024 is set to drive further deals and investment. 

TASHKENT, Uzbekistan, April 3, 2025 /PRNewswire/ — The Ministry of Investment, Industry, and Trade of the Republic of Uzbekistan (MIIT) have announced the fourth annual Tashkent International Investment Forum (TIIF), Uzbekistan’s most significant international economic event, will be taking place at the Central Asian Expo (CAEx) Uzbekistan from 10-12 June 2025.

Laziz Kudratov, Minister of Investment, Industry, and Trade of the Republic of Uzbekistan, highlighted the country’s strengthening position as a dynamically developing investment hub in Central Asia. “The government is taking decisive steps to improve Uzbekistan’s investment and business climate, removing all barriers,” he stated.

Over 3,000 participants from more than 75 different countries are expected to travel to Tashkent for TIIF 2025. Many of the participants are major investors, financial institutions, policymakers, economists, corporate leaders, experts in sustainability, innovation, and digital transformation.

During the announcement, Minister Kudratov spoke about the promising progress Uzbekistan is making noting that the economy has nearly doubled in recent years, with 6% GDP growth in 2023. Trade turnover continues to grow steadily, and over $90 billion in foreign investments have been attracted.

Minister Kudratov said: “TIIF-2025 is not just a forum—it’s a real tool for attracting investments, forging strategic partnerships, and discussing global economic trends. We invite all interested parties to join this landmark event.”

What to expect from TIIF 2025

This year’s program will focus on strategic sectors, investment opportunities, legislative reforms and business climate improvements. Selected participants will also be invited to a plenary session with Shavkat Mirziyoyev, President of Uzbekistan.

TIIF 2025 will be focused on a number of key topics which will give participants the opportunity to listen to industry leaders on the below:

  • SMEs as the engine of economic growth
  • Industrial progress: automotive, electrical engineering, machinery
  • Water resource management challenges and innovations
  • Investor protection and legal system modernisation
  • Fintech and e-commerce development
  • Green energy and sustainable development
  • Privatisation and investment reforms
  • Urban development and infrastructure modernisation
  • Textile and chemical industry value chains
  • Digitalisation and AI as new business frontiers

Through comprehensive reforms, and a favourable business environment, Uzbekistan is seeing real progress. The Uzbekistan-2030″ Strategy is accelerating to support the economic development of the country. By 2030, Uzbekistan’s GDP is projected to reach $200 billion.

The previous TIIF in 2024 brought together 2,500+ participants and a record $26.6 billion in agreements were signed, demonstrating Uzbekistan’s high investment appeal. TIIF is an internationally recognised space that platforms the high-growth potential of Uzbekistan and other Central Asian markets.

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To register for the 2025 Forum, visit www.tiif.online.

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Calastone Launches Tokenised Distribution Solution to Unlock the Future of Fund Distribution

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LONDON, April 3, 2025 /PRNewswire/ — Calastone, the largest global funds network, today announces the launch of Calastone Tokenised Distribution – a pioneering solution that allows asset managers to tokenise any fund operating on Calastone’s network and distribute it seamlessly across blockchain-based channels.

This innovative service delivers a simple, frictionless route into tokenisation, without requiring asset managers to change how their funds are structured, administered, or serviced. Yet with one step, they can unlock access to a growing universe of investors who operate exclusively within blockchain ecosystems.

“Calastone Tokenised Distribution offers asset managers a powerful new route to market,” said Adam Belding, Chief Technology Officer at Calastone. “We make it possible to distribute existing funds via blockchain networks, instantly and at scale. without any operational upheaval or technical reinvention.”

The solution bridges the gap between traditional investment funds and blockchain-native networks such as Ethereum, Polygon, and Canton, where investment activity is increasingly executed and settled using digital assets. These networks are attracting a fast-growing class of investors that traditional distribution channels do not reach, including:

  • Corporate treasurers managing substantial on-chain cash balances for yield and efficiency
  • Stablecoin issuers and institutional crypto firms seeking regulated investment options without the need to convert into fiat currencies
  • Crypto-experienced retail and wealth investors who want access to traditional assets via the same wallets and digital infrastructure they use for digital assets

By embedding tokenised fund shares into these blockchain networks, asset managers gain direct access to new pools of capital, without disrupting existing processes or partnerships.

The solution leverages Calastone’s existing global network – spanning over 4,500 firms across 56 markets – to enable any share class on the network to be tokenised and distributed via public, hybrid, or private blockchains. Orders initiated on-chain are automatically translated and processed through Calastone’s infrastructure, ensuring full compatibility with traditional fund operations.

This enables asset managers to:

  • Expand into blockchain-native investor channels with no operational disruption
  • Reduce distribution costs via automation and smart contracts
  • Maintain existing service provider relationships
  • Position themselves for long-term advantage in an evolving investment landscape

The launch follows a recent Calastone study showing that tokenisation could unlock over $1351 billion in annual cost savings for the asset management industry, while accelerating fund launches and lowering seed capital requirements.

“The investment world is changing fast,” said Julien Hammerson, CEO of Calastone. “New pools of capital are forming on blockchain networks, and they are not being accessed through traditional channels. Our Tokenised Distribution solution gives asset managers instant reach into these markets, without the requirement or need for transformation. We are making it easy to evolve with the market.”

At its core, Calastone Tokenised Distribution converts eligible fund shares into smart contract-powered tokens embedded directly onto blockchain networks. These tokens reflect the fund’s full detail, operate with built-in security protocols, and automatically mint and burn in line with real-time subscriptions and redemptions.

 

About Calastone

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Calastone is the largest global funds network, connecting the world’s leading financial organisations.

Our mission is to reduce complexity, risk and costs, enabling the industry to deliver greater value to investors. Over 4,500 clients in 56 countries and territories benefit from Calastone’s services, processing over £250 billion of investment value each month.

Calastone is headquartered in London and has offices in Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney.

1 https://www2.calastone.com/tokenisationcostresearch

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12367 Service Hotline Public Welfare Promotional Video Officially Released

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BEIJING, April 3, 2025 /PRNewswire/ — On April 2, 2025, China Immigration Service Hotline 12367 officially launched the public welfare promotional video “Connect the World Closer, Expand Dreams Wider”. 12367 Service Hotline platform offers 24/7 multilingual services, providing a seamless “ask-and-solve” one-stop service for both Chinese and foreign nationals. It serves as a vital channel for solving the most pressing immigration-related difficulties and problems that are of great concern to individuals and businesses.

Video – https://mma.prnewswire.com/media/2657277/video.mp4

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