Fintech PR
ASTRI Drives Forward 5G + C-V2X + AI Innovation and Transformation with Intel Technology
At Mobile World Congress (MWC) Shanghai 2019, Hong Kong Applied Science and Technology Research Institute (ASTRI) revealed their collaborations with Intel on 5G Standalone (SA) Core Network and Roadside Edge AI (Artificial Intelligence) for C-V2X (Cellular Vehicle-to-Everything) that power the new era of network transformation with the compelling capabilities of 5G, C-V2X and AI working together.
ASTRI’s 5G Standalone (SA) Core Network at 200Gbps on Intel Architecture
5G networks aim to provide diversified services. In 3GPP Release 15 standards, the 5G new Standalone (SA) core network enables a high degree of flexibility to meet application and service requirements. In fact, the Enhanced Mobile Broadband (eMBB) services have very high traffic capacity and data rate requirements (as much as 1000x comparing to 4G). The new 5G SA core network requires significantly more capacity, throughput performance and scalability to meet the challenging requirements for 5G.
ASTRI and Intel have collaborated on the research, development and optimization of 5G SA Core Network, especially on the User Plane Function (UPF) throughput, to meet 5G requirements. The collaboration results in, on a single sever, over 200Gbps throughput can be processed by ASTRI’s 5G UPF without packet loss. The key capabilities and elements to deliver breakthrough performance in the 5G Core Network include:
- The UPF of ASTRI’s 5G SA Core Network can achieve high per-core performance
- Dynamic Device Personalization (DDP) technology on Intel® Ethernet Network Adapters is utilized to achieve fine-grade load balancing to allow throughput scale up linearly with additional CPU cores
- ASTRI 5G SA Core Network can scale down to a single hardware platform for small scale deployments, or scale out and distributed in cloud architecture
ASTRI and Intel are continuing the R&D collaboration to work closely on ASTRI’S 5G SA core network, such as supporting the N9 interface for mobile edge and additional Service-Based Network Functions, to enable a variety of network topologies to transform mobile core network to cater different 5G applications and scenarios.
Edge Intelligence and C-V2X Transforming Smart Mobility and Network Infrastructure
ASTRI and Intel collaborated to enable edge AI and visual-sensing capabilities for evolving next-generation smart roadside Infrastructure. The initial focus will be on enabling the real-time object recognition by ASTRI’s C-V2X Edge Software solution to detect imminent danger on roads and issue real-time alerts (like pedestrian crossing) to the respective drivers via C-V2X communications between vehicles and roadside infrastructure.
In addition to the low latency C-V2X communications, the C-V2X Edge Software demands high performance computing, AI and visual data processing to achieve end-to-end low latency. The Smart Roadside Computing Unit is powered by Intel® Xeon® D-2100 processors, delivering Intel’s ground-breaking data center processor architecture in a form factor optimized for cloud edge computing solutions. It brings the architectural innovations of the Intel Xeon Scalable platform to a system-on-a-chip (SoC) processor for low-power, high-density, small footprint solutions, integrating essential network, security, and acceleration capabilities. The AI and visual data processing in the Smart Roadside Computing Unit is accelerated by Intel®
Myriad X Visual Processing Unit (VPU) and OpenVINO toolkit.
Accelerating Innovation and Transformation
5G SA Core Network is an important element for mobile core network transformation to support next wave of 5G services. ASTRI 5G SA core network, as pure software-based implementation, verified the suitability on high-volume platforms with Intel® Xeon® Scalable processors, to deliver outstanding performance and flexibility to allow quick time-to-market roll outs. Intelligent sensing and low latency communications using a C-V2X solution at the roadside (network edge) play an important role in shaping next generation roadside Infrastructure and smart mobility services.
Dr. Justin Chuang, VP of Next Generation Network at ASTRI: “ASTRI and Intel have mutual interests in network transformation since our collaboration on 4G EPC/C-RAN and virtualization. Thanks to Intel, and as we are moving into the 5G era, the combinations of wireless, network, computing and intelligence to enable 5G and C-V2X applications shall be increasingly important. It’s exciting to see the collaboration with Intel getting deeper, wider and more impactful in 5G + C-V2X + AI to drive forward success in innovation and transformation.”
Caroline Chan, Vice President and General Manager of the Network Business Incubator Division at Intel: “Network transformation, AI and edge computing are converging to create some of the most amazing innovations we’ve seen in decades. Together with research leaders like ASTRI, Intel technology will fuel the next-generation of AI-powered applications and 5G-ready communications networks.”
Looking forward, it is expected to see more sensors on the roadside infrastructure to collect massive data and be transferred via 5G. Smart mobility applications will process the data at roadside edge and provide fast response to C-V2X enabled road users.
At Mobile World Congress Shanghai 2019, ASTRI will demonstrate our collaborations with Intel on 5G SA Core and Edge AI for roadside infrastructure in ASTRI booth [N1.D130].
Mobile World Congress Shanghai is Asia’s Leading Event for Next-generation Technology – 5G, IoT, AI, Big Data and Beyond. MWC Shanghai has over 60,000 attendees and over 550 participating companies. Mobile World Congress (MWC) Shanghai 2019 will take place from Jun 26-28 in Shanghai New International Expo Centre, Shanghai, China.
SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)
HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants‘ online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.
“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”
Exploring the FXGiants Bonus Options
The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.
“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”
About FXGiants
FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.
Terms & Conditions apply. Bonus cannot be withdrawn.
All trading involves risk. It is possible to lose all your capital.
FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.
Website: https://www.fxgiants.com/
View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders-302338463.html
BEIJING, Dec. 23, 2024 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) successfully hosted the Western China MBA Professor Training Program in collaboration with the China National MBA Education Supervisory Committee and Shantou University School of Business on December 17 and 18, 2024. 58 professors from over 40 universities in China nationwide, mostly western China, attended this training.
Since 2007, CKGSB has been aspiring to address the pressing disparities in management education between eastern and western China with its MBA professor training program. As of 2024, the program has trained 372 professors from 155 universities across 22 provinces, 4 autonomous regions, 3 direct-administered municipality in China, indirectly impacting tens of thousands of MBA students.
This year, the training focused on social innovation and business for good, a topic many participating professors found lacking in their day-to-day teaching and research. Professor ZHU Rui (Juliet), CKGSB Professor of Marketing and Director of the ESG and Social Innovation Center, led the training. She introduced how CKGSB has been innovating with the integration of business for good in management education, and how our relevant practice-based course has already helped 2,800+ students integrate ESG into their businesses. Professor Zhu also hosted an interactive workshop with the training’s participants on how they may build this idea into their teaching.
Participants shared in their post-program survey that Professor Zhu’s teaching and her ESG Assessment map gave them a new perspective on how to balance profits and social responsibilities. Many also felt inspired on how to bridge the gap between research and practice.
Recognized in CKGSB’s 2022 and 2024 ESG and Social Innovation Reports and honored as a finalist for the 2021 China Social Impact Award by the United Nations and British Chamber of Commerce, this program exemplifies CKGSB’s impact in this critical area. Through partnerships with the government, NGOs, and business schools, this initiative has made significant progress in promoting quality education and reducing inequalities.
For more information on CKGSB’s ESG and social innovation efforts, visit our ESG and social innovation website.
About CKGSB
Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).
View original content:https://www.prnewswire.co.uk/news-releases/ckgsb-successfully-hosts-2024-mba-professor-training-program-for-western-china-302338458.html
VADUZ, Liechtenstein, Dec. 23, 2024 /PRNewswire/ — Wirex, a global leader in bridging traditional and digital finance, has announced the addition of VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to its platform. With this integration, Wirex users can now spend VEUR and VCHF directly through their Wirex cards, streamlining everyday transactions and enhancing convenience.
Wirex cards allow users to use VEUR and VCHF in various ways. Whether users receive payments in VEUR and/or VCHF, use them for remittances (including cross-border transactions), or sell digital assets for stablecoins instead of fiat, Wirex provides the simplest solution for spending in real life. Users can instantly convert their stablecoins into fiat currency and send them directly to their bank accounts, catering to those who prefer traditional banking options.
Pavel Matveev, Co-founder of Wirex, said: “We’re excited to welcome VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to Wirex. This addition allows our users to effortlessly spend stablecoins in real life, whether for daily purchases, remittances, or managing their digital assets. At Wirex, our goal is to make digital currencies as convenient and versatile as traditional money, and VEUR and VCHF are another step toward achieving that vision.”
Future Features
Additional features will be rolled out later after the launch, complementing the immediate benefits of VEUR and VCHF. These include loans and high-yield X-Accounts, both of which are growing in popularity among Wirex users. Loans offer a smart and tax-efficient way to access liquidity without selling underlying digital assets. Users can leverage their BTC, ETH, SOL, and other digital assets, as collateral for loans in stablecoins, allowing them to benefit from potential appreciation while accessing funds without triggering taxable events.
X-Accounts provide an opportunity for users to earn industry-leading yields of up to 15% APY on their stablecoin balances, enhancing the overall value proposition of holding VEUR and VCHF within the Wirex ecosystem.
Upcoming Advanced Opportunities
VEUR and VCHF have the potential to become preferred options in Wirex’s advanced trading products, such as Wirex DUO and Wirex Multiply. Notably, Euro-backed stablecoins have already demonstrated significantly higher usage among Wirex users than larger USD alternatives, highlighting strong demand for Euro-denominated trading options.
As Wirex explores adding VEUR and VCHF to these products, it aims to further strengthen its position as a leader in digital finance by offering innovative solutions that bridge the gap between traditional finance and digital assets.
Disclaimer: The term “stablecoin” is used herein in relation to VEUR and VCHF for marketing purposes. The reader however shall understand that VEUR and VCHF are fiat-referenced tokens which are described in more detail in the VNX Gold based Fiat Referenced Tokens (FRT) Terms and Conditions which are available for review at www.vnx.li
About VEUR and VCHF
Both VEUR and VCHF are multichain tokens referencing the Euro and Swiss Franc, developed by VNX, generated by a licensed token generator under the Blockchain Act in Liechtenstein. VEUR and VCHF are supported by the reserves ensuring 1:1 parity and represent a reliable digital asset in the crypto world. These tokens combine the stability of fiat currencies with the convenience of crypto, enabling quick, low-cost, and 24/7 accessible cross-border payments while opening new opportunities in DeFi.
About Wirex
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
Photo: https://mma.prnewswire.com/media/2586836/Wirex_VEUR_VCHF.jpg
Logo: https://mma.prnewswire.com/media/2031625/5077408/Wirex_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wirex-adds-veur-and-vchf-stablecoins-to-its-platform-for-seamless-spending-302338369.html
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