Fintech PR
BSV Blockchain launches W3C Community Group to leverage blockchain technology to enhance Internet standards
ZUG, Switzerland, Oct. 17, 2024 /PRNewswire/ — BSV Blockchain has announced the launch of the World Wide Web Consortium (W3C) Blockchain2 Community Group, an initiative dedicated to exploring the integration of blockchain technology into Internet standards for web applications. The chairs of this group are the BSV Blockchain representatives Ty Everett, Brayden Langley, Darren Kellenschwiller, Thomas Giacomo and Jake Jones.
The new group will assume responsibility for the topic of blockchain technology within the consortium and aims to enhance security, privacy, and efficiency within the web ecosystem through blockchain innovation.
The W3C’s role in web development
The W3C is a consortium of international organisations, companies and stakeholders whose mission is ‘to develop open standards for an interoperable web to meet requirements for accessibility, internationalisation, privacy, and security.’
The consortium is organised principally in more than 100 working and interest groups. One of these groups is the newly founded Blockchain2 Community Group. It is named so due to the fact that it is the second group within the consortium tasked with working on blockchain. The previous group has been inactive since 2017.
The BSV Blockchain’s vision of a new Web 3.0 iteration of the Internet focused on users’ privacy, transparency and data integrity aligns with W3C’s vision of having the Web designed for the ‘good of its users’ as well as ‘safe for its users’ and that there is only ‘one interoperable world-wide Web’.
Similarly, the BSV blockchain is built on the conviction that user security (and the associated regulatory compliance) as well as the interoperability of web applications and solutions are key for creating innovation on the web.
Role of the group in W3C
The group will initially only work internally and develop goals, definitions and requirements that make blockchain useful for the World Wide Web community. In the words of the group:
“Our first deliverable will comprise a list of value-adds and benefits that blockchain technology may be able to provide for the World Wide Web community. Subsequently, based on our findings, we aim to agree on a set of general, high-level requirements and capabilities that blockchain-based application architectures would need to fulfil in order to deliver value.”
In a second step, the group will then collaborate with other W3C groups to gain further input and insights and plan the way forward:
“Finally, we aim to explore the potential impacts of these architectures on the privacy, resiliency, incentives, and accessibility of the web, and to establish relationships with other groups to ensure alignment as these solutions are developed.”
Call for participation
The Blockchain2 Community Group invites web developers, blockchain enthusiasts, and technologists to join the effort. W3C Membership is not required for participation, making the group accessible to anyone with a W3C account. Participants will collaborate through a variety of tools including mailing lists, IRC, and RSS feeds.
While hosted by W3C, the Blockchain2 Community Group’s activities and outputs do not necessarily reflect the views of W3C Membership or staff. Instead, this initiative represents an opportunity for community-driven innovation in the blockchain space, encouraging a collaborative approach to shaping the future of the web.
For more information or to join the Blockchain2 Community Group, visit the W3C Community Groups page. Join the group in pioneering new technologies that will transform how we interact with the web and ensure its evolution aligns with the needs of users and developers alike.
About BSV Blockchain
The BSV Blockchain is a global organisation based in Switzerland. It is focused on enhancing the adoption and development of the BSV blockchain. The association oversees the creation of tech standards and helps governments, businesses, developers, and users learn how to build a worldwide blockchain ecosystem.
View original content:https://www.prnewswire.co.uk/news-releases/bsv-blockchain-launches-w3c-community-group-to-leverage-blockchain-technology-to-enhance-internet-standards-302279174.html
Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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