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BoHr (BR) Is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – November 25, 2021) – LBank Exchange, a global digital asset trading platform, has listed BoHr (BR) token on November 22, 2021. For all users of LBank Exchange, the BR/USDT trading pair is now officially available for trading.
Figure 1: BoHr (BR) is now available for trading on LBank Exchange
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/105029_8945b65c642499a5_002full.jpg
A project called BoHr (BR) is here to build the world’s first high-performance development public blockchain network. BR token has been listed on LBank Exchange at 16:00 (UTC+8) on November 22, 2021.
Introducing BoHr
BoHr is a decentralized blockchain system which helps trade and develop through powerful blockchain applications. It’s the underlying application platform which promotes the development of blockchain technology. BoHr directly solves the bottleneck of large-scale implementation of blockchain industry, breaks technical barriers with fast smart contracts, and dredges market interaction with multi-dimensional ecological structure. It also modifies the DeFi ecology of the whole field as the starting point, alleviates the bottleneck stage faced by the public chain market, and empowers the decentralized management ecology.
Aiming at the common problems of transaction congestion, high transaction cost and long transaction confirmation time in the existing blockchain, BoHr aims to build the world’s first high-performance development public blockchain network with the goal of “extremely light, extremely fast, extremely interesting and extremely wide”, and supports massive concurrent transactions and faster transaction confirmation.
BoHr has an innovative double-layer consensus mechanism and cosh consensus algorithm. By using the algorithm, a number of super nodes are selected periodically to give them the notarization right of data units, and they will send out effective notarization units to obtain block rewards. BoHr focuses on building a simple and easy-to-use decentralized digital token underlying blockchain, using declarative expressions to enhance expression ability. Users can create and issue digital pass freely without writing complex smart contract code.
BoHr also has an extensible wallet, which provides security and rich application interfaces for digital token, blockchain games and social networks.
About BR Token
In BoHr network, BR token can be used as a GAS for transferring fees and generating smart contracts. Any developer who creates an application based on BoHr network must use BR as fuel. BR token has a mining mechanism called cosh (consensus of hash stake), users and investors can use mining machines to mine, obtain the platform’s exclusive digital encryption token. It’s initial mining amount is zero, as for block rewards, 85% is allocated to voting awards, which are calculated according to cosh algorithm, 10% is allocated to the agent node to maintain the normal operation of the block, the rest 5% is allocated to new users as incentive and promotion incentives for new users.
The total issue of BR is 835 million, the token distribution started at 16:00 AM GMT on Jan 1, 2021, and will end at 16:00 AM GMT on May 1, 2029. The BR token has been listed on LBank Exchange at 16:00 (UTC+8) on November 22, 2021, investors who are interested in BoHr investment can easily buy and sell BR token on LBank Exchange right now.
Learn More about BR Token:
Official Website: https://bohrweb.org
Twitter: https://twitter.com/BOHRweb
Telegram: https://t.me/bohr6
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4409897743385-BR-BOHR-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105029
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Sobha Developers bring to Singapore an Exclusive Dubai Property Showcase
Lucrative offers available to invest in Real Estate & Win a Free Trip To Dubai
SINGAPORE, May 11, 2024 /PRNewswire/ — Dubai, renowned globally for its surreal skyscrapers and stunning skyline, is the epitome of luxury and innovation. The city is part of a thriving economy complete with state-of-the-art infrastructure, stable government, and the best education and healthcare facilities that attract investors seeking both capital appreciation and steady rental income. Sobha Developers have now brought to Singapore the lucrative chance to invest in Dubai’s real estate market.
UAE’s top developers, including industry giant Sobha Developers, are gearing up to host an Exclusive Dubai Property Showcase on May 11th and 12th at the iconic Marina Bay Sands, Level 4, Lotus Ballroom, 4A & 4B.
The Dubai Property Showcase is a haven for investors. From expert guidance to a diverse portfolio, there are several reasons why you should attend the event where there will be a portfolio of luxury properties, with starting prices at 300,000 SGD. At the event one can engage in personalised consultations with industry experts for tailored investment advice. Best of guidance and information about project locations, features, and amenities will be available to help investors and buyers understand the best investment opportunities in Dubai real estate. Upon making a property investment at the show, buyers will be entitled to a complimentary 2-night stay for two in Dubai.
Dubai is one of the world’s most profitable real estate markets to invest in and a tax free economy, boasting of returns exceeding 6%, backed by a robust economy and stellar infrastructure. Dubai’s strategic location and stable economy solidify its position as an investment hotspot, promising long-term growth and prosperity. Buyers can even gain access to Dubai’s prestigious Golden Visa program, offering long-term residency benefits to property investors and their families.
To become a part of this exclusive opportunity to explore Dubai’s real estate horizon, you can register on https://tinyurl.com/4836wff2 for the Exclusive Dubai Property Showcase and take the first step toward securing your financial future in one of the world’s most dynamic real estate markets.
CONTACT:
Yasmine: +6585575024
Abdullah: +971553367231, [email protected]
Photo – https://mma.prnewswire.com/media/2410348/Dubai_Property_Showcase.jpg
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South African fintech Lesaka snaps up Adumo in $86m deal
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AI-powered Panax raises $15m to reshape cash flow management
Panax, a pioneering FinTech firm, has recently announced the successful completion of a $15 million funding round, with Team8 and TLV Partners leading the investment charge.
Founded by Noam Mills (CEO), Sefi Itzkovich (CTO), and Niv Yaar (CBO), Panax specializes in offering an AI-driven cash flow management platform tailored to cater to the needs of mid-market and large enterprises grappling with intricate treasury management requirements. The platform consolidates data directly from banks and ERP systems, providing users with real-time access to crucial cash positions and insights.
As finance teams face mounting challenges in managing multiple bank accounts, disparate fintech solutions, diverse locations, currencies, and entities, Panax’s platform emerges as a comprehensive solution. Customers have reported notable savings on interest payments and increased cash investments in interest-bearing accounts, owing to the automation capabilities of Panax’s platform, which streamlines processes and allows teams to redirect their focus towards strategic activities.
Mackenzie Moore, VP of Finance at Oddity, a publicly traded company in the U.S., lauded the platform’s effectiveness: “The automated data collection and analysis, along with proactive alerts, have helped us automate our cash policies. This not only saves us money but also frees up many hours of manual work that we can now allocate to more strategic pursuits.”
Panax aims to bridge the gap in the market by providing simpler and more accessible solutions tailored for lean finance teams. Leveraging Open Banking and GenAI technologies, the company streamlines and automates financial processes, thereby enhancing operational efficiency.
Recognizing financial forecasting as the top use case for AI in corporate finance, Gartner acknowledges Panax’s utilization of AI to bolster various capabilities, including transaction categorization, proactive reporting, and trend analysis.
The $15 million funding infusion is poised to accelerate Panax’s growth trajectory significantly. It will facilitate the scaling of sales and support teams, the establishment of a New York City office to strengthen the company’s U.S. presence, and an increase in product development resources to cater to the burgeoning market demand for its advanced treasury management solutions.
CEO Noam Mills underscored the company’s mission, stating, “In our previous roles, we witnessed firsthand the challenges faced by finance teams in companies with complex treasury operations. That’s why we founded Panax.”
Panax’s notable achievement of doubling its customer base in the first quarter of 2024 attests to its rapid traction in the market, positioning it as a prominent player in reshaping cash flow management and treasury solutions.
Source: fintech.global
The post AI-powered Panax raises $15m to reshape cash flow management appeared first on HIPTHER Alerts.
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