Hylobiz’s B2B lending platform tech built upon Hedera’s decentralized network focused on enabling streamlined digital access to low-cost financing for SMBs globally. 

HYDERABAD, India, May 9, 2024 /PRNewswire/ — The Hashgraph Association (THA), the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network. Leveraging Hedera’s decentralized, open-source public ledger, Hylobiz’s software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.

With 65 million firms, or 40% of formal micro, small, and medium enterprises in developing countries, facing unmet financing needs of $5.2 trillion every year, Hylobiz is addressing this financing gap through a blockchain-powered solution. The collaboration with THA will expand the on-chain availability and adoption of debt-based financial products in traditional and capital markets, thereby giving the real-world asset (RWA) segment access to a larger pool of liquidity.

Using the Hedera decentralized public network, Hylobiz is providing an infrastructure for SMBs to help reduce the overall cost of servicing loans, facilitate easier movement of capital from a surplus location in the world to a deficit one, and use features of programmable money to bring efficiencies. The offering includes access to Vayana Debt Platform (VDP), a securities & loan tokenization module available off-the-shelf for lending businesses to handle digital currency-based transactions and deploy on Hedera immediately. 

Kamal Youssefi, President of The Hashgraph Association, stated, “We share the same vision of Hylobiz and Vayana in creating an ecosystem where digital finance is embedded in a transaction invisibly, securely, and transparently. We are proud to be partnering with the Vayana group and believe that the Hedera DLT network is essential for the growth of SMBs in emerging markets, evening out the playing field and allowing them to compete on equal footing with the big global industry players.”

Manish Gadia, Head Emerging Tech Platforms (ETP) at Vayana Group, commented, “Hylobiz’s partnership with THA fits within Vayana’s mandate to serve the B2B debt segment digitally with a special focus on SMBs, ensuring the lowest affordable landing cost. Vayana Group has proven expertise in Web2 and through partnerships such as this we are extending our capabilities of creating world-class financing infrastructure in Web3 as well. Usage of blockchain and smart contracts will help usher in a new age of finance and by democratizing access to this new realm, the Vayana ecosystem is ensuring that SMBs aren’t left behind.”

About Hylobiz – A Vayana Group Company

Hylobiz – A Vayana Group Company builds solutions targeted primarily to small businesses and financial services. Hylobiz’s digital-first solution is a unified FinTech platform that solves cash flow management in a way that helps businesses to manage their accounts receivables and accounts payables with greater ease.

To Facilitate growth of deserving MSMEs/ Micro Entrepreneurs, alongside other incidental areas where the working capital credit gap remains globally, Vayana Debt Platform (“VDP”) is built as a comprehensive blockchain-based loan operating system for digital currencies/deposit tokens/CBDC/Fiat. It enables regulated/alternate lenders and other credit investors to lend to businesses on the Blockchain, harnessing the power of smart contracts to fully digitize their lending operations.

Parent company Vayana is India’s Largest Trade Credit Infrastructure, specializing in supply chain finance & other B2B trade credit solutions. Vayana’s mission is to democratize the access of timely and affordable trade credit to the smallest entity in the supply chain. Headquartered in India, Vayana has partnered with 20+ banks, serving 3000 supply chains. Vayana offers a range of solutions via its trade finance infrastructure to help enterprises optimize every day B2B Trade. Visit www.vayana.com

About The Hashgraph Association

The Hashgraph Association is at the forefront of the digital enablement and empowerment of organizations through the broad adoption of Hedera-powered enterprise-grade solutions and decentralized applications, including funding training, innovation, and venture building programs globally. As a non-profit organization headquartered in Switzerland, The Hashgraph Association supports and funds innovation, research, and development that enables economic inclusion and a digital future for all, with a positive environmental, social, and governance (ESG) impact. For further information about The Hashgraph Association, visit www.hashgraph-association.com.

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USA News Group Commentary Issued on behalf of Bee Vectoring Technologies International Inc.

VANCOUVER, BC, May 9, 2024 /PRNewswire/ — USA News Group – In order to help farmers advance conservation and climate-smart agriculture, the USDA recently made $1.5 billion available as part of US President Biden’s Investing in America Agenda. The newly-available capital is part of several climate-smart agriculture investments the USDA has made since the beginning of the current Administration’s reign, which have been made through the Inflation Reduction Act, and the Partnerships for Climate-Smart Commodities program, which have been estimated to support over 180,000 farms and over 225 million acres in the next 5 years. According to analysts at Straits Research the Smart Agriculture Market is projected to reach US$36.24 billion by 2030, growing at a CAGR of 10.8%, while Markets and Markets predicts the Precision Farming Market to grow to US$21.9 billion by 2031, growing at a CAGR of 10.7%. As farmers and the agriculture industry works to produce environmentally friendly food that meets these goals, several agritech companies are working behind the scenes to help, including Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF), Nutrien Ltd. (NYSE: NTR) (TSX: NTR), The Mosaic Company (NYSE: MOS), CF Industries Holdings, Inc. (NYSE: CF), and Bunge Global SA (NYSE: BG).

With its innovative system that utilizes commercially reared bees to deliver biological pesticide alternatives directly to crops, Bee Vectoring Technologies International Inc. (BVT) (CSE: BEE) (OTCQB: BEVVF) is poised to disrupt the $250 billion crop protection and fertilizer market. Biological agricultural products, often referred to as biologicals, are expected to eventually supplant chemical pesticides and fertilizers. According to analysts at DataHorizzon Research, the biologicals sector is forecasted to grow at a CAGR of 13.3%, reaching a market size of US$45.3 billion by 2032.

BVT recently updated its corporate partnership strategy, securing new international trials and expanding the use of its flagship asset, CR-7. The company also announced the results from a Michigan State University trial, demonstrating that CR-7 effectively reduces early disease infection and fungal disease by over 90% compared to untreated plots, matching the efficacy of conventional chemical treatments.

“We can confidently conclude from the Michigan State University trial that BVT’s CR-7 controls fungal disease extremely well as a spray application,” said Dr. Mason Newark, Field Technical Manager at BVT. “This trial demonstrates that CR-7 could be integrated into a pre-bloom or post-bloom spray program to extend disease control throughout the season.”

Over the past year, BVT has already achieved significant milestones with trial announcements in Spain with Agrobío, Mexico with a major multinational grower, and South Africa with MBFi, highlighting the expanded use of the proprietary plant-beneficial microbe, Clonostachys rosea CR-7, as a foliar application. This expansion included the product’s first sale to BioSafe Systems. Building on the successful Michigan State University trial results, plans are in place to repeat these trials in the coming years. To further bolster its technical and strategic capabilities, the company has welcomed seed and crop protection veteran Gustavo C. Gonzalez to its Board of Directors.

“Gustavo’s appointment is a reflection of our commitment to lead the industry into a future where innovation and sustainability are at the core of growth,” said Ashish Malik, CEO of Bee Vectoring Technologies. “His extensive experience in agribusiness and profound understanding of the international market dynamics will be pivotal as we scale our unique technology. We are thrilled to harness his expertise as we continue to revolutionize the way crops are cultivated and protected.”

Working to make food production more sustainable, leading crop inputs and services provider Nutrien Ltd. (NYSE:NTR) (TSX: NTR) recently released its Global Sustainability Report, detailing the company’s performance and progress no its sustainability initiatives up until year-end 2023. Among the key highlights, Nutrien noted measured, documented and calculated sustainable outcomes on approximately two million sustainably engaged acres in North America, South America and Australia.

“Nutrien has a critical role to play in helping provide the food, fuel and fiber the world needs,” said Tim Faveri, Vice President, Sustainability and Stakeholder Relations for Nutrien. “In 2023, we continued to build strategic partnerships to help amplify our impact while refining our sustainability strategy to align with core business objectives that support both the environment and our people, customers, supply chain partners, communities and shareholders.”

Further demonstrating its commitment to shape future agriculture leaders, Nutrien subsidiary Nutrien Ag Solutions announced a multi-year commitment of nearly $850,000 to the National FFA Organization. As per the commitment, Nutrien will donate $282,500 per year to support a variety of National FFA Organization programs and events from 2024 through 2026.

According to Bruce Bodine, newly-appointed CEO of The Mosaic Company (NYSE: MOS), fertilizer demand is set to rise. Mosaic is coming off of recently hosting members of the agriculture community in Florida to tour their phosphate operations, and learn more about the company’s Advanced Crop Nutrition (ACN) program. The ACN program is supported by Mosaic Biosciences’ BioPath and PowerCoat products, which are both biological fertilizer components formulated with proven strains of Plant Growth Promoting Rhizobacteria (PGPR), that increase nutrient availability, uptake, and utilization.

“At Mosaic, we view soil health as a system approach, therefore any change to one part of the system affects other parts,” said Keith Byerly, Commercial Sustainability Lead, for The Mosaic Company in an interview with CropLife. “For example, if you cut out seed treatments, the microbial, or the soil fertility program, you’re unlikely to achieve optimum soil health. In addition, you’ve disrupted the balance and equilibrium of the system.”

The world’s largest ammonia producer CF Industries Holdings, Inc. (NYSE: CF) recently announced the execution of a joint development agreement (JDA) with Japan’s largest energy company JERA Co. Inc. (JERA), to explore the development of greenfield low-carbon ammonia production capacity at CF Industries’ Blue Point Complex in Louisiana. As per the JDA, CF Industries and JERA will evaluate a joint venture agreement to build an approximately 1.4 million metric ton capacity low-carbon ammonia plant, with JERA contemplating a 48% ownership stake in the project, as well as a potential offtake agreement to procure more than 500,000 metric tons of low-carbon ammonia annually to meet demand for low-carbon fuels in Japan.

“We are pleased to expand our relationship with JERA as our companies advance leading-edge decarbonization initiatives that will help JERA and Japan achieve their decarbonization goals,” said Tony Will, President and CEO of CF Industries Holdings, Inc. “We believe that JERA’s projects, which represent the first meaningful volume of what we believe will be substantial global demand for low-carbon ammonia as an energy source, will demonstrate the significant contribution ammonia can make to meet the decarbonization goals of hard-to-abate industries.”

Upon the potential closing of somewhat controversial merger between Bunge Global SA (NYSE: BG) and Viterra, the duo have already named the executive leadership team for the combined company that would be solidified as the world’s largest oilseed processor, which would be led by Bunge’s current CEO, Greg Heckman.

“The future combined company will expand its reach into more crops and countries, offering farmers greater market access and differentiated, value-added solutions in all key origins,” said Heckman. “Food, feed & fuel customers will benefit from a broader product portfolio and expanded global supply options.”

Bunge is also coming off of an approved final investment decision with Chevron to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Lousiana. Operated under the jointly owned Bunge Chevron Ag Renewables LLC, the plant features a flexible design, intended to process soybeans as well as softseeds, including novel winter oilseed crops, such as winter canola and CoverCress, among others.

Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/ 

USA News Group
Editorial Staff
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While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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PARIS, May 9, 2024 /PRNewswire/ — A news report from chinadaily.com.cn:

As French President Emmanuel Macron rolled out the red carpet for President Xi Jinping’s state visit, which concluded on Tuesday, China and France, with ample outcomes from the visit, have sent the message that they will consolidate the strategic stability of bilateral ties and jointly contribute to global security and prosperity.

The two countries signed 18 bilateral cooperation documents in areas such as green development, aviation, agrifood, commerce and people-to-people exchanges after the two presidents’ official talks at the Elysee Palace in Paris on Monday.

They also issued four joint statements on the situation in the Middle East, artificial intelligence and global governance, partnership in the fields of biodiversity and oceans, and agricultural exchanges and cooperation.

This year marks the 60th anniversary of diplomatic ties between China and France, with the latter being the first major Western country to establish diplomatic relations at the ambassadorial level with China.

Observers said that in an era in which mistrust often defines interactions between the West and China, the vibrant comprehensive strategic partnership between China and France stands as a beacon of hope, demonstrating that trust and collaboration are not only possible but essential for progress and prosperity.

A successful sojourn:

https://x.com/XisMoments/status/1788129714055586191

https://x.com/XisMoments/status/1788129189344018799

During their talks, the two presidents highlighted the countries’ friendly relationship as well as the potential and prospects of cooperation. They pledged to step up the countries’ cooperation in traditional areas such as aerospace, aviation and nuclear energy, expand collaboration in emerging areas such as green energy, smart manufacturing, biomedicine and AI, and jointly uphold multilateralism, the United Nations Charter and international law.

Xi said that China is ready to maintain strategic communication with France, respect each other’s core interests, unleash the great potential of mutually beneficial cooperation, and facilitate growth and balance in bilateral trade.

Expanding opening-up

He reaffirmed the nation’s commitment to expanding opening-up, saying that China has fully opened up its manufacturing sector and will move faster to expand market access in the service sector, such as in telecommunications and medical services.

While saying that China welcomes investment by more French companies, Xi expressed the hope that the French side will provide a good business environment and stable development expectations for investment and cooperation by Chinese companies in France.

China welcomes visits by more people from France, and will extend the short-stay visa-exemption policy for citizens from 12 countries, including France, to the end of 2025, bring the total number of French students in China to more than 10,000, and double the number of young Europeans on exchange programs to China in the next three years, Xi said.

He also pledged to increase dialogue and communication with France in areas including AI governance and reform of the international financial system.

Macron said that as the world faces many pressing challenges, the profound and rich France–China relationship is at a critical juncture of building on the past and looking to the future.

The two sides, through mutual respect, a long-term perspective and strengthened cooperation, will play an important and positive role in addressing global challenges and opposing any logic of bloc confrontation, he said.

Macron assured Xi that France will continue to open its market to China and will not adopt discriminatory policies against Chinese companies.

David Gosset, founder of the China-Europe-America Global Initiative, said that as France and China translate their affinities into concerted action, they forge pathways for enhanced synergies between the European Union and the world’s second-largest economy.

As the world continues to evolve and confront new challenges, Gosset said that the partnership between France and China will remain essential in shaping a more peaceful, prosperous and sustainable future for all.

During their talks, Xi and Macron also exchanged views on international and regional issues of mutual interest, including the Ukraine crisis and the Palestine-Israel conflict.

While meeting the media with Macron following their talks, Xi called on all parties to resume engagement and dialogue to build mutual trust in order to address the Ukraine crisis. China opposes attempts to use the Ukraine crisis to scapegoat or smear a third country or to stoke a new Cold War, he said.

https://x.com/XisMoments/status/1787812645602766938

On the Palestine-Israel conflict, Xi urged the international community to work together for an immediate, comprehensive and sustainable cease-fire in Gaza. “We support Palestine’s full membership in the UN, and support restoring to Palestine its legitimate national rights and restarting the two-state solution, so as to achieve lasting peace in the Middle East.”

Xi and Macron also met on Tuesday at Col du Tourmalet in southwestern France, before Xi left for a state visit to Serbia.

https://www.chinadaily.com.cn/a/202405/08/WS663ab1cea31082fc043c5c59.html

Photo – https://mma.prnewswire.com/media/2408777/President_Xi_Jinping_wife_Peng_Liyuan_pose_a_photo_Tuesday.jpg

Photo – https://mma.prnewswire.com/media/2408778/Xi_s_Moments.jpg

Photo – https://mma.prnewswire.com/media/2408779/Xi_s_Moments_1.jpg

Photo – https://mma.prnewswire.com/media/2408780/Xi_s_Moments_2.jpg

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