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Four technology breakthroughs of BlackPearl.Chain are reinventing the public blockchain

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At the end of 2018, as bitcoin slipped from $6,000 to $3,000, the blockchain industry entered into a severe capital winter, lots of projects closed due to lack of funding. In February 2019, a new public chain startup named BlackPearl.Chain was established in Silicon Valley. As we all know, the capital investment required for public chain projects is huge. What kind of founder dares to challenge the limit at this critical time? Can they survive?

The BlackPearl.Chain was founded by Jack Liu and Sarah LiJack Liu is China’s famous blockchain scientist, OKCOIN ex CTO. In a conference backed in October 2018, Jack predicted that the technology breakthroughs by public chain arecoming soon.

To date, even though the BlackPearl team has been through a lot of hardship, with limited resources, they have achieved the technology breakthroughs which were predicted by Jack. According to Sarah, CEO of BlackPearl.Chain, Inc., their Testnet will be ready in Q3, 2019.

BlackPearl team has attracted a lot of attention recently. Just two days ago, Bill Kallmanjoined BlackPearl team as an advisor. Bill is both an entrepreneur, Co-Founder of Get Corp, of which Tim Draper is the founding investor, and a venture capitalist. Bill Co-founded timberline ventures, affiliate of the Draper Fisher Jurvetson global venture network,which backed DocuSign, among other notable investments.

BlackPearl team is actively planning an IEO at the upcoming Malta blockchain summit, teaming up with new Blockchain Exchange Globiance.

It’s amazing to witness the BlackPearl team achieving this milestone after forming their Silicon Valley startup only 3 months ago. Let’s take some time to review the technology breakthroughs they have  achieved.

The mass adaption for blockchain technology depends on blockchain technology breakthroughs. The success of any blockchain technology depends on three main factors. The first factor is the success of public chain implementation. The second one is the ability to balance security with performance and decentralization (the blockchain’s impossible triangle). Finally, one must reduce the transaction cost.

BPChain is a third-generation public chain designed by BlackPearl.Chain, Inc. that is introduced as a solution to the challenges currently associated with blockchain technology. It has unique characteristics which make it capable of striking a balance between high performance, decentralization and security, while achieving a lower transaction costs for DApp runing on it. BPChain can carry large-scale commercial applications at a relatively low energy cost. Therefore, it is affordable to industries with wide range of applications. The entire BPChain is designed from ground up. It is unique compared to other public chain models, such as Bitcoin and Ethereum. The following are some of the cutting edge characteristics of BPChain:

BPChain uses VRF lightning fast consensus, three-layer sharding, multi-dimensional routing, IPFS storage, system contract, and neuron node management.

BPChain can effectively support a huge volume of a small amount of real-time payment, decentralized digital currency trading, instant messaging, e-commerce, search, notarization, social, media, digital assets, traceability and so on.

BPChain is fully decentralized with linear expansion capability. It can support tens of millions of TPS with the increase of nodes. It is extremely secure, and resistant to quantum computation and biological computation compromise.

BPChain has made innovative breakthroughs in consensus, computing power, storage and communication. It is fully scalable, very secure, and energy efficient. Specifically, BPChain makes breakthroughs in following aspects:

  • Fully Scalable with Intelligent sharding.BPChain has an innovative three-layer sharding design that completely solves trust issues between shards. It also provides asynchronous sharding consensus and inter-shards communication. The AI-capable loading balance algorithm of data collection and distribution can automatically complete sharding and merging. This feature enables BPChain’s performance to exceed the performance of the centralized server. The performance of the public chain can be infinitely improved by this breakthrough.
  • Secure and Fast Consensus:BPChain implements VRF lightning fast consensus. Its unique VRF implementation randomly selects current round of voting nodes achieving pioneered lightning consensus within a short time of about 0.3 seconds – 3 seconds.
  • Computing power reduction:An App forms the node in BPChain system. This technology fully organizes and utilizes the global idle computing power and bandwidth that enables building of powerful computing and storage capabilities without incurring extra huge expenses on professional mining machines. Users can install BPChain wallet to participate in consensus and block production.
  • Improved Network Performance:The technology has a super-routed P2P broadcasts that enable current home broadband to achieve up to several thousand Single-Shard TPS. The measured TPS peak is 5730 at current broadband conditions.

 

SOURCE BlackPearl.Chain

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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