Fintech PR

Infosys and The Financial Times Unveil the ‘FT Money Machine’ Through Immersive Extended Reality Experience

Published

4 months ago

September 6, 2024

A digital twin of the landmark economic simulator ‘The Moniac’, the FT Money Machine leverages Apple Vision Pro to deliver an immersive and interactive experience making economics education more effective and accessible

LONDON, Sept. 6, 2024 /PRNewswire/ — Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, in collaboration with the Financial Times (FT), today announced the digital revival of a pioneering piece of economic history — the Monetary National Income Analogue Computer (MONIAC) — courtesy of a groundbreaking new virtual reality experience, the ‘FT Money Machine’.

Infosys and The Financial Times have taken economist Bill Phillips’ original invention, a hydraulic analog computer created in 1949 that used water to model and study economic systems, as the foundation for a unique Extended Reality (XR) project which revolutionizes how we learn about economics and ensures education at scale. Emphasizing on ‘learning by doing’, the new XR app, accessible through Apple Vision Pro and available in the App Store, faithfully recreates the Moniac’s functionality while adding new, interactive features. This approach bridges the gap between historical analogue computing and modern digital learning, offering an unparalleled educational experience to the global student community.

Users of The FT Money Machine will not only experience the full operation of The Moniac but also can explore and create their own economic scenarios in free play mode. They will be able to interact with the machine using intuitive gestures such as eye tracking, hand movements, and voice commands, allowing them to adjust variables like consumption, taxation, and investment to see real-time impacts on the economy, as well as understand complex economic interactions, predict outcomes of various policy decisions, and enhance economic modelling techniques.

The FT Money Machine also incorporates the academic backing of the London School of Economics (LSE) and Cambridge University, home to one of the last working original Moniacs. It leverages the creative design and build expertise from WongDoody, Infosys’ human experience agency, where WongDoody helped ensure that the FT Money Machine app exceeds user expectations in a seamless blend of historical significance and cutting-edge technology.

James Lamont, Director of Strategic Partnerships at the Financial Times, added, “The FT has always been committed to fostering a deeper understanding of economics, and the FT Money Machine is a testament to that commitment. Our purpose combined with Infosys’ strong technical expertise has helped not only revive an important piece of economic history but also will also redefine how we teach and learn about economics in a digital age.”

Ashiss Kumar Dash, EVP and Global Head – Sustainability, Services, Utilities, Resources and Energy, Infosys, emphasized, “At Infosys, we are committed to our purpose of leveraging technology to amplify human potential and create the next opportunity for people, businesses, and communities. Our collaboration with FT for this innovative project that bridges historical innovation with today’s most advanced digital technologies to deliver education at scale aligns perfectly with our purpose. By recreating the Moniac as the FT Money Machine, we are providing users with a unique educational tool that makes the complexities of economic systems both accessible and engaging, enabling the exploration and understanding of how money flows through an economy.”

The FT Money Machine’s three-dimensional interface will offer a comprehensive educational tool for students, educators, researchers, and economic enthusiasts, providing a hands-on learning experience that illustrates economic principles in a way that is both engaging and insightful. By embracing new immersive technologies, it will help transcend the limitations of traditional educational tools, making economic education more effective and accessible.

As part of the launch, Infosys and the Financial Times will host an event at London School of Economics (LSE) on September 18 to celebrate the Moniac’s contributions to economic theory and education.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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View original content:https://www.prnewswire.co.uk/news-releases/infosys-and-the-financial-times-unveil-the-ft-money-machine-through-immersive-extended-reality-experience-302240430.html

Fintech PR

Matrixdock Integrates XAUm Gold Token with Binance Wallet to Advance Financial Equality

Published

3 hours ago

December 30, 2024

CISION (PR Newswire)

matrixdock-integrates-xaum-gold-token-with-binance-wallet-to-advance-financial-equality

SINGAPORE, Dec. 30, 2024 /PRNewswire/ — Matrixdock, Asia’s real-world asset (RWA) tokenization leader, announces the integration of its flagship gold token, XAUm, with Binance Wallet, one of the world’s leading digital asset wallets. This development builds on previous integrations with centralized exchange Web3 wallets like OKX and crypto wallets like MetaMask, reinforcing Matrixdock’s commitment to making gold investments more secure, efficient, and accessible for hundreds of millions of global users.

At the core of this integration is XAUm, a token fully backed by London Bullion Market Association (LBMA)- accredited gold bars with a minimum fineness of 99.99%. Each XAUm token represents one troy ounce of gold. These gold reserves are securely stored in Brink’s vaults in Hong Kong and Singapore, offering token holders the option to redeem XAUm for physical gold.

Purpose-built for Web3 compatibility and the multi-chain ecosystem, XAUm seamlessly blends blockchain innovation with user-centric design. Its robust proof-of-reserve transparency, efficient multi-chain reserve management, and enhanced interoperability inspire trust and elevate gold from a static asset to a dynamic, multifunctional financial instrument in the digital economy.

This integration with Binance Wallet builds on previous developments within Binance’s ecosystem, including decentralized exchanges and lending platforms. The goal is to make XAUm a benchmark for modern gold investments, providing an efficient and trusted solution that redefines asset efficiency and financial equality.

Binance Wallet enhances this vision by offering a secure and intuitive entry point to Web3. Users can manage digital assets, perform cross-chain token swaps, and earn yields effortlessly. With a simple setup process via the Binance app, the wallet eliminates the need for seed phrases or private keys, furthermore, it utilizes Multi-Party Computation (MPC) technology to enhance secure transactions.

Through this integration, individuals worldwide are able to buy, own, and trade gold conveniently with a mobile device. By leveraging Web3 technology and the multi-chain ecosystem, Matrixdock and Binance Wallet set a new standard for modern gold investments, driving financial equality and innovation.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is Asia’s RWA leader that modernizes financial instruments through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, it launched a one-of-a-kind Tokenized Gold token, XAUm, modernizing traditional gold investment into a dynamic, multifunctional digital asset.

Photo – https://mma.prnewswire.com/media/2587828/XAUm_Gold_token_matrixdock_binance_wallet.jpg

View original content:https://www.prnewswire.co.uk/news-releases/matrixdock-integrates-xaum-gold-token-with-binance-wallet-to-advance-financial-equality-302340189.html

Fintech PR

FXGiants Launches Partner Programs to Boost Forex Trading Success

Published

4 hours ago

December 30, 2024

CISION (PR Newswire)

HAMILTON, Bermuda, Dec. 30, 2024 /PRNewswire/ — FXGiants, a prominent brokerage firm, has opened a new chapter for individuals eyeing opportunities in forex trading. The company has launched new, easy-to-join partnership programs, offering valuable earning opportunities to market participants. Combining effortless integration with substantial revenue potential, these initiatives will arm partners with everything they need to explore today’s forex landscape.

Christopher Oates, a spokesperson for FXGiants elaborated on this development: “Our partner programs are designed to fuel growth for partners by removing unnecessary hurdles. From smooth onboarding to competitive rewards and strong support systems, we aim to provide everything needed for success. Our mission is to help individuals and companies scale their operations, boost their earnings, and tap into new opportunities with confidence.”

Programs Designed for Unique Ambitions

Recognizing that goals differ from partner to partner, FXGiants has shaped three dedicated programs built for varied ambitions. Firstly, the Introducing Brokers (IBs) plan allows users to bring new clients to FXGiants and, in turn, earn competitive commissions. Adding excitement, the IB Monthly Reward Plan offers cash incentives of up to $1,000, determined by client trading activity and volumes.

Secondly, the Affiliate Program is a haven for marketing-focused individuals as it offers forex trading tracking tools and an extensive suite of professional promotional content. Affiliates can easily evaluate their campaigns’ performance and receive earnings based on qualified referrals. Lastly, the White Label Solution is suitable for businesses seeking a fully branded, standalone trading experience. FXGiants delivers a customizable platform that allows businesses to retain control over client offerings.

“At FXGiants, our objective remains straightforward – to give our partners unparalleled possibilities in the forex trading market,” Oates added. “Joining our programs is quick and easy. Interested parties can register on our website or reach out via email to get started. We are committed to building a path for long-term success, one step at a time.”

About FXGiants

FXGiants is an FCA/BMA-regulated broker that gives access to over 300 trading instruments to its clients. Features such as tight spreads, VPS hosting, and Live and ECN/STP accounts, underline its commitment to traders’ convenience and security. With the reliable MT4 platform and PMAM software, FXGiants also ensures swift executions and an intuitive trading environment for beginners and seasoned traders alike. Moreover, around-the-clock, multilingual assistance adds yet another layer of dependability, fostering a confident and efficient forex trading experience.

All trading involves risk. It is possible to lose all of your capital. This offer is made by Notesco Int Limited, registered in Anguilla. 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.

https://www.fxgiants.com/

View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-launches-partner-programs-to-boost-forex-trading-success-302338959.html

Fintech PR

Bybit and SOLV Protocol Team Up for Explosive bbSOL Maxi Rewards

Published

4 hours ago

December 30, 2024

CISION (PR Newswire)

bybit-and-solv-protocol-team-up-for-explosive-bbsol-maxi-rewards

DUBAI, UAE, Dec. 30, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange, today announced a thrilling new campaign in collaboration with SOLV Protocol: the bbSOL Maxi Rewards. This exciting event offers users the chance to win a share of 1,300,000 SOLV tokens via airdrop by staking their SOL.

From December 30, 2024, at 10:00 AM UTC to January 20, 2025, at 10:00 AM UTC, users who stake at least 0.5 SOL to obtain bbSOL through their Bybit Web3 Seed Phrase Wallet on the Bybit Web3 Earn platform are eligible to participate in the campaign and win exciting SOLV rewards.

“We’re thrilled to partner with SOLV Protocol for this exciting campaign,” said Emily Bao, Head of Web3 and Spot at Bybit. “The bbSOL Maxi Rewards presents a fantastic opportunity for users to maximize their SOL holdings and earn substantial rewards. We encourage everyone to participate and experience the power of Bybit Web3.”

How to Participate:

Visit the Airdrop Arcade: Head over to the dedicated “bbSOL X SOLV Campaign Page” (Airdrop Arcade).
Connect Your Wallet: Connect your Bybit Web3 Seed Phrase Wallet and complete the required tasks.
Stake Your SOL: Stake a minimum of 0.5 SOL to obtain bbSOL through Bybit Web3 Earn. The more you stake, the higher your potential rewards in the Ultimate Rewards Pool.

The top 100 stakers with the highest SOL stakes will receive their SOLV rewards directly to their Bybit Web3 Seed Phrase Wallet’s ETH address within three weeks of the event’s conclusion.

To participate, users must deposit SOL and obtain bbSOL on the Bybit Web3 Earn platform using their Bybit Web3 Seed Phrase Wallet. Only new SOL deposits made during the event period are eligible for rewards.

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit Web3, please visit Bybit Web3.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

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