Fintech PR
XWallet crosses 100,000 registered users
Pundi X (), the leading blockchain developer providing easy crypto payment service for mainstream consumers, announced that its digital asset wallet app- XWallet has recently surpassed 100,000 registered users. This is just three months after it was made available for users to connect their regular digital asset wallets to the Pundi X blockchain-based payment ecosystem.
“In addition to XPASS card holders, there are now more people who are able to easily use crypto at physical stores via the XPOS, our blockchain-based Point-of-Sales smart device,” said Zac Cheah, Co-founder and Chief Executive Officer, Pundi X. “Through a pure word of mouth effort, the rate of adoption for the XWallet after just three months of its official release is quite remarkable.”
Virtual is the new Versatile
The XWallet mobile app connects regular digital asset wallets with the Pundi X blockchain-based payment ecosystem. Through the XWallet, one can easily manage digital assets stored in the physical XPASS cards, check current balances, top-up major digital currencies or conduct payment transactions instantly at physical stores. By default, the XWallet comes with a virtual XPASS card in the app for each of its registered user.
Users can top up and pay with major digital currencies, including BTC, ETH, BNB and NPXS, whereby one can transact or purchase goods and services from physical stores, with the XPOS already activated in over 250 retail outlets and verified XWallet merchants across 30 countries in the world.
Any Pundi XPASS card holder is able to pair his or her card with the XWallet to have the flexibility to make payments directly from the app without the physical XPASS card. The other benefit of pairing the XPASS card with the XWallet is the ability to control and move the digital assets within the XPASS card virtually in the event the physical XPASS card goes missing or misplaced.
“It’s ultimately about versatility and security–transactions via an internet-connected XWallet app or the offline physical XPASS cards can be processed immediately. Merchants have the option to print out their QR code found in the “Collect” feature in the XWallet and use it in an offline setting without the need for an online connection. All the offline transactions can still be made by scanning the QR code, which will later be uploaded onto the blockchain,” added Cheah.
Top countries using XWallet app
These 100,000 XWallet users come from every corner of the world and not just limited to a specific country or region. The ten countries with the most XWallet users include India, Bangladesh and Pakistan in South Asia; Philippines and Indonesia in Southeast Asia; Korea in East Asia; Turkey in West Asia and Eastern Europe; Brazil in Latin America; the United States; and Russia.
The countries with the most active XWallet users almost mirror the “Top 10 most download countries” list with Indonesia, India, and the United States claiming the top three places. The Philippines and Brazil fall out of the “Top 10 most active XWallet users” list with Spain and the United Kingdom replacing them.
“The XWallet’s geographic footprint is truly global. We perceive the typical XWallet user to be a global citizen who wants to experience the latest innovations in blockchain technology and mobile crypto payment,” said Cheah.
SOURCE Pundi X
Fintech PR
Telkomsel and Huawei Inaugurate Indonesia’s First 5G Smart Warehouse and 5G Innovation Center
JAKARTA, Indonesia, March 19, 2024 /PRNewswire/ — Leading telecommunications provider Telkomsel and global ICT solutions provider Huawei have inaugurated Indonesia’s first 5G Smart Warehouse and 5G Innovation Center in Bekasi Regency, West Java. This landmark facility showcases the potential of 5G technology to transform warehouse management, boosting operational efficiency and creating new opportunities for the logistics industry to support the digital economy leapfrog towards the Golden Indonesia Vision 2045.
The inauguration ceremony was officiated by Mr. Long, CEO of Huawei Indonesia, and attended by dignitaries including Dr. Ir. Ismail MT, Director General of Resources Management and Equipment of Posts and Informatics, Ministry of Communication and Informatics; Indra Mardiatna, Telkomsel Director of Network; Derrick Heng, Telkomsel Marketing Director; Mahendra Rianto, Chairman of the Indonesian Logistics Association; and representatives from Bandung Institute of Technology, Telkom University, and other representatives from industry partners.
Director General Dr. Ir. Ismail MT emphasized, “Huawei’s 5G Smart Warehouse stands as both a wake-up call and a quintessential model for the ecosystem, demonstrating the immediate and seamless integration of 5G technology into digitalization efforts. This integration evidently yields innovative solutions that extend benefits beyond the logistics sector to a multitude of industries. Such advancements are attainable solely through the concerted efforts of all stakeholders, united in the pursuit of accelerating the nation’s digital transformation.”
Mr. Long, CEO of Huawei Indonesia, highlighted Huawei’s commitment to supporting the government and industry players to unlock Indonesia’s digital opportunities. “At last year’s Solo 5G summit, together with industry partners, we pledged to boost the 5G ecosystem. The 5G Smart Warehouse is a testament to the value that 5G technology can bring to traditional industries in Indonesia,” he stated.
Indra Mardiatna, Telkomsel Director of Network remarked, “Aligned with Indonesia’s vision of pioneering innovations that propel the nation’s advancement, Telkomsel remains steadfast in its commitment to deliver superior connectivity, pioneering solutions, and inventive services designed to foster empowerment and catalyze expansive opportunities for entrepreneurial growth within the country. We are optimistic that the deployment of the 5G Smart Warehouse alongside the 5G Innovation Center’s conceptual solutions will inaugurate a transformative era for professionals within the logistics sector, particularly by enhancing managerial competencies and amplifying the operational efficacy of warehousing systems. With the unwavering support of the government, courtesy of the Ministry of Communication and Information, and through synergistic partnerships with stakeholders including Huawei, industry associations, and the academic community, Telkomsel pledges to persist in championing the rapid evolution of Indonesia’s digital commerce and economic landscape, with a focus on inclusive and sustainable progress”
The digital economy, which is expected to be a major catalyst for Indonesia’s economy in the future, requires the backing of an efficient and effective logistics industry. Based on data from the Ministry of National Development Planning/Bappenas, Indonesia’s logistics costs have decreased from 23.5% to 14.29% of gross domestic product by 2023.
Benefits of the 5G Smart Warehouse
The 5G Smart Warehouse leverages advanced technologies like IoT and big data analytics to streamline operations, enhance safety and security, increase efficiency, and reduce energy consumptions and lower potential unexpected losses.
Warehouse managers can use digital twins and real-time data analysis to optimize inventory management and prevent stockouts.
The 5G network also facilitates swift and accurate communication between staff and autonomous guided vehicles (AGVs), ensuring efficient goods movement. Additionally, intelligent security systems powered by video and infrared sensors ensure warehouse safety.
Huawei’s 5G BTS technology powering the warehouse features an energy consumption of just 5 watts, equivalent to a single energy-saving light bulb, making it a sustainable solution for the future.
Photo – https://mma.prnewswire.com/media/2365772/Indonesia_s_5G_Smart_Warehouse.jpg
View original content:https://www.prnewswire.co.uk/news-releases/telkomsel-and-huawei-inaugurate-indonesias-first-5g-smart-warehouse-and-5g-innovation-center-302092422.html
Fintech PR
Cognizant to apply generative AI to enhance drug discovery for pharmaceutical clients with NVIDIA BioNeMo
Cognizant’s AI and industry expertise, combined with the NVIDIA BioNeMo generative AI platform, create a strong foundation to improve outcomes in the healthcare and life sciences sectors
TEANECK, N.J., March 19, 2024 /PRNewswire/ — Cognizant (NASDAQ: CTSH) is advancing the application of generative AI (gen AI) technology with the NVIDIA BioNeMo platform to solve complex challenges of drug discovery in the life sciences industry, such as improving productivity in the development process and increasing the speed at which new, life-saving treatments can be brought to market.
Traditional drug discovery methodologies are process intensive and require the analysis of vast repositories of scientific literature and clinical data in order to reveal relevant insights. Moreover, traditional methods are burdened with high costs and long development lifecycles with a high rate of failure. By leveraging gen AI technologies, clinical researchers can rapidly sift through extensive datasets, more accurately predict interactions between drug compounds and create new, viable drug development pathways.
“More than any other technological breakthrough in recent decades, generative AI has the potential to revolutionize the way new drugs are researched, developed and brought to market, making the creation of lifesaving discoveries faster, smarter and more accessible to all,” said Anna Elango, EVP, Cognizant’s Core Technologies & Insights. “By collaborating with NVIDIA, Cognizant can open the path to realizing this vision safely, responsibly and cost-effectively for our life sciences clients.”
By leveraging its deep life sciences and AI domain expertise and NVIDIA’s pretrained, industry-specific generative AI models offered as part of BioNeMo, Cognizant aims to give clients access to a suite of model-making services, including pretrained models, cutting-edge frameworks, and APIs, that offers clients the quickest path to train and customize enterprise models using their proprietary data. The offering is intended to enable this with reduced manual intervention for data analysis, and without the need to write elaborate code and build or maintain infrastructure.
“Generative AI will drive the next wave of enterprise productivity gains across industries, enabled by the NVIDIA AI Enterprise software platform,” said Alvin DaCosta, VP, Global Consulting Partner Organization, NVIDIA. “Using NVIDIA BioNeMo, Cognizant will help provide its life sciences clients with advanced, secure and reliable AI services to drive improved outcomes with custom drug discovery applications.”
Cognizant collaborates with leading global firms in pharmaceuticals, biotech and medical devices, covering the entire life sciences value chain from R&D to digital health. This work contributes to the industry’s ability to enhance science, improve patient outcomes, and increase business value, by enabling a patient-centric approach and better interactions with healthcare professionals. Cognizant’s life sciences offerings support more than 120 global manufacturing lines and more than 18 million patients with medical device company products.
Cognizant intends to pursue additional applications by collaborating with NVIDIA in areas such as manufacturing and automotive engineering, where gen AI has the potential to enhance productivity, optimize costs and bring innovation to market more quickly. Cognizant intends to establish an NVIDIA AI Center of Excellence this year to further innovate with NVIDIA technologies, including the NVIDIA Metropolis, NVIDIA Omniverse and NVIDIA AI Enterprise platforms, for the benefit of clients across industries around the world.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.
For more information, contact: |
||||
U.S. Name Ben Gorelick Email |
Europe / APAC Name Christina Schneider Email |
India Name Rashmi Vasisht Email |
Logo – https://mma.prnewswire.com/media/1794711/Cognizant_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/cognizant-to-apply-generative-ai-to-enhance-drug-discovery-for-pharmaceutical-clients-with-nvidia-bionemo-302092233.html
Fintech PR
ICP DAS-BMP Secures Pivotal TPU Deals with Medical Materials Leaders in U.S. and Japan, Boosts Product Reliability
HSINCHU, March 19, 2024 /PRNewswire/ — ICP DAS-BMP dazzled at the prestigious MD&M West Show, where its high-quality medical-grade thermoplastic polyurethane (TPU) garnered orders from top manufacturers in U.S. and Japan. Concurrently, part of the company’s TPU products passed the ISO10993-6 test for local effects after 90-day implantation, positioning them as ideal materials for producing indwelling medical devices intended for use over 30 days.
ICP DAS-BMP, Asia’s first medical-grade TPU supplier, produces three main series of products: Alithane™ (ALP series), Durathane™ (ALC series), and Arothane™ (ARP series). The company is set to launch a new Durathane™ (ARC series), known for its exceptional biostability. All the TPU series are available in different hardness levels, colors, and concentrations of radiopaque fillers (Tungsten/Barium Sulfate). These materials are widely utilized in manufacturing cardiovascular, urological, and gastrointestinal devices, as well as medical and electromedical consumables.
ICP DAS-BMP’s Arothane™ ARP-B20 (20% Barium Sulfate) and Durathane™ ALC-B40 (40% Barium Sulfate) passed the ISO10993-6 90-day implantation test. This qualifies them for long-term invasive or implantable medical applications such as peripherally inserted central catheters (PICC) and port-a-cath. The company plans to conduct long-term implantation tests for other specifications of TPU products based on customer demand, while advancing research and development to uphold TPU product quality.
Medical-grade TPU differs from other plastics by emitting minimal VOCs during manufacturing and having low wastewater discharge, making it extremely environmentally friendly. It contains no plasticizers or heavy metals, ensuring excellent biocompatibility and blood compatibility, and enhancing ESG sustainability. ICP DAS-BMP aims to offer safer, stable, and eco-friendly medical-grade TPU, collaborating with global medical device manufacturers to create long-term benefits and value.
Meet the company’s experts at:
CMEF (ICMD) 2024 (April 11-14)
Booth Hall 8.1, M44, M46
NECC (Shanghai), China
Medtec Japan 2024 (April 17-19)
Booth 2022
Tokyo Big Sight East 2~3 Hall, Japan
About ICP DAS-BMP
ICP DAS-BMP, a Taiwan-based TPU manufacturer and supplier certified with ISO 13485, operates specialized laboratories dedicated to quality management. Drawing upon three decades of industrial automation expertise from its parent company ICP DAS, ICP DAS-BMP has implemented smart factory practices to enhance product quality and expedite delivery times. Additionally, the company provides responsive after-sales support and offers flexible solutions for small order quantities.
For more information, please visit: https://bmp.icpdas.com/
For TPU products and inquiries, contact: [email protected]
Photo – https://mma.prnewswire.com/media/2364434/ICP_DAS_BMP_Secures_Pivotal_TPU_Deals_with_Medical_Materials_Leaders_in_U_S__and_Japan__Boosts_Produ.jpg
Photo – https://mma.prnewswire.com/media/2364438/ICP_DAS_BMP_Medical_Grade_TPU_Biocompatibility_and_Other_Testing.jpg
Logo – https://mma.prnewswire.com/media/2261949/ICP_DAS___Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/icp-das-bmp-secures-pivotal-tpu-deals-with-medical-materials-leaders-in-us-and-japan-boosts-product-reliability-302091445.html
-
Fintech PR6 days ago
Request Finance Acquires Consola Finance To Become the Ultimate Enterprise Finance Platform for Both Crypto and Fiat
-
Fintech PR7 days ago
OPTRUST FULLY FUNDED FOR 15TH CONSECUTIVE YEAR
-
Fintech PR7 days ago
Artmarket.com: Artprice looks at 2023’s NFT auction market, and the 50 most successful digital artists, a promising future with the record for cryptocurrencies in ETFs on Wall Street
-
Fintech PR7 days ago
Europe’s Secret Weapon In Its Energy War With Russia
-
Fintech PR6 days ago
Aegros Limited proposes to issue debentures in a series of tranches up to an aggregate face value of AUD25 million for subscription by investors
-
Fintech PR7 days ago
CGTN AMERICA & CCTV UN: Global Media Dialogue: Why 2024 is the year to “Spring into China?”
-
Fintech PR7 days ago
G42 Develops BoardNavigator to Reimagine Boardroom Dynamics
-
Fintech PR7 days ago
Bybit Web3 Partners with Kamino Finance to Open up Access to Solana Ecosystem and dAPPs