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LBank Exchange Will List ViCA on December 27, 2021

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Internet City, Dubai–(Newsfile Corp. – December 24, 2021) – LBank Exchange, a global digital asset trading platform, will list ViCA token on December 27, 2021. For all users of LBank Exchange, the VICA/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on December 27, 2021.

Figure 1: LBank Exchange Will List ViCA on December 27, 2021

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/108497_capture.jpg

Virtual assets have been making attempts in various forms to emulate characteristics of the traditional financial model since its birth. As a shared financial platform based on ERC20, ViCA takes things a step further, proposing to its participants a new form of financial system. The ViCA token will be listed on LBank Exchange at 18:00 (UTC+8) on December 27, 2021, to further expand its global reach and help it achieve its vision.

Introducing ViCA

Launched in June 2021, ViCA is a shared financial platform based on ERC20 that seeks to propose and prove an unprecedented business model by reinterpreting and converging numerous existing innovative business methodologies, development methodologies and the blockchain ecosystem.

The ViCA Foundation operates an automatic dealing in virtual assets using ViBOT, an arbitrage trading solution from NROOTM Korea. The generated revenue from ViBOT burns the issued ViCA tokens (buy-back and burn). It invests 40% of the foundation’s operating revenue to repurchase tokens, contributing to the interests of ViCA holders. The remaining proceeds are redeployed back to the assets of the automated trading system, accelerating profits through compound interest.

ViCA did not distribute any single token in the pre-sale or development process such as ICO and IEO. Therefore, the number of tokens distributed in the market is small, yet even that continues to decrease. Moreover, the foundation’s assets run on automated trading systems increase. The funds set as the foundation’s seed are not reused for any purpose, and transaction details are disclosed in a verifiable way (live streaming service). ViCA has simplified its complex investment system by using the Ethereum ERC20 token ecosystem. This reduced cost becomes the underlying asset of the system again, accelerating the circulation of funds.

About ViCA Token

ViCA aims to pursue a sustainable business model by guaranteeing the interests of token holders, except for the minimum cost of maintaining the system and reinvesting in seed funds for system operations.

ViCA increases the value of itself by not using most of the tokens and proceeding to burn. The issuance volume of ViCA is 2 billion (i.e.2,000,000,000), 90% of it will be burned in stages to realize the profits of its investors, 5% is for reserved holdings, 3.2% is used to provide liquidity to the market, and the rest 1.8% is the initial investor distribution quantity.

The ViCA token will be listed on LBank Exchange at 18:00 (UTC+8) on December 27, 2021. Investors who are interested in ViCA investment can easily buy and sell its token on LBank Exchange by then. The listing of ViCA on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about ViCA Token:

Official Website: https://vica.global/
Telegram: https://t.me/joinchat/SZUUF7kprWoyNzk5
Twitter: https://twitter.com/ViCA_Foundation

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, from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram

l Twitter

l Facebook

l Linkedin

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/108497

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Oakdoor partners with Nexor to advance high assurance security solutions

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LONDON, May 16, 2024 /PRNewswire/ — Oakdoor, a pioneer in hardware-enforced security solutions, which is part of PA Consulting (PA), and Nexor, the leading specialist in Secure Information Exchange, have announced a strategic partnership to advance a high assurance cross domain solution for secure data sharing. The partnership will start to create highly integrated software guarding and hardware verification solutions – with the aim of making access to data more secure and manageable for customers using multiple security domains worldwide.

Oakdoor has revolutionised data diodes in recent years, raising security standards and diode performance whilst reducing their complexity and cost. Meanwhile, Nexor has over 30 years’ experience in delivering secure information exchange at the highest level. By working together and sharing their expertise, the two companies will work to make the most secure cross domain solutions available to a wider range of customers.

The partnership will enable Nexor’s GuarDiode to be combined with Oakdoor’s cutting-edge data diodes to form a powerful cross domain solution, which will deliver unparalleled protection and resilience against evolving cyber threats. This is because Nexor’s software detects and removes malicious content by validating data against comprehensive information management policies. This allows controlled filtering of sensitive information assets into and out of critical systems. Meanwhile, Oakdoor’s UK CAPS approved data diodes are a critical hardware component for eliminating infiltration or exfiltration attack vectors within the cross domain solution.

Tim Lunn, Founder and Head of Product at Oakdoor, said: “We are excited to announce our partnership with Nexor, which aims to bring this high assurance cross domain solution to the market. By integrating Oakdoor’s National Cyber Security Centre approved diodes with Nexor’s proven protocol and management software system, we are creating a more holistic solution for customers that are working at the highest classification levels.

Tim Thompson, Managing Director at Nexor, said: We are thrilled to partner with Oakdoor, part of PA Consulting, combining Nexor’s advanced software with robust hardware to enhance market support and innovation. By harnessing exceptional engineering prowess alongside advanced software and hardware development, this strategic alliance positions both companies to pioneer more cohesive and impactful solutions, steadfastly advancing our pledge to excellence and customer satisfaction.”

Notes to the editor 

For commercial enquiries and information about joining the Oakdoor partner programme, please contact [email protected] 

About Oakdoor, part of PA Consulting:

Oakdoor, part of PA Consulting, is recognised for its innovative approach to semiconductor technology, offering robust, hardware-enforced security solutions that safeguard sensitive information and guard critical networks against modern cyber threats. Oakdoor’s CAPS approved data diodes are a critical hardware component for eliminating infiltration or exfiltration attack vectors within the cross domain solution. Developed at PA Consulting’s Global Innovation and Technology Centre (GITC), Oakdoor’s solutions integrate principles of uni-directional data flow with advanced hardware-based security, providing a critical layer of protection for organisations worldwide.

About Nexor:

Nexor excels in providing high-assurance threat and risk mitigation expertise and solutions globally. Our unique blend of Research & Advisory Services is delivered by experts trusted to lead MOD research projects into the future of cross-domain technology. With a product portfolio that is both highly customisable and aligned with NCSC import/export patterns and High Assurance principles, Nexor continues to set the standard in secure information exchange. Our agile development capabilities ensure solutions are precisely tailored to balance risk, budget, and functionality according to our customer’s specific business and security needs.

View original content:https://www.prnewswire.co.uk/news-releases/oakdoor-partners-with-nexor-to-advance-high-assurance-security-solutions-302146842.html

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ALLCLEAR TRAVEL RESEARCH: ONE IN FOUR PEOPLE WITH MEDICAL CONDITIONS RISK INVALIDATING THEIR TRAVEL INSURANCE WHEN TRAVELLING ABROAD

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LONDON, May 16, 2024 /PRNewswire/ — One in four people with pre-existing medical conditions (25%) say they will not declare all of their medical conditions when buying travel insurance, with 40% of these only declaring what they are currently being treated for.

Of those that would not declare everything, one in eight (13%) would only declare everything when visiting far-flung destinations, or when they’re away for two weeks or more (15%). Another 14% don’t always declare all their medical conditions as they believe the risk of falling ill is very small.

Further the issue of travelling abroad with medical conditions is not an issue confined to older holidaymakers. The new survey of a representative sample of 2,212 adults reveals that across all age groups, around two-thirds of survey respondents acknowledged they had some form of pre-existing medical condition.  For any age, medical conditions need to be declared when travelling abroad to avoid the risk of travel insurance being invalidated.

Garry Nelson, Head of Corporate Affairs at AllClear Travel Insurance commented: “While it is positive to see that most people are choosing to declare all of their medical conditions to their travel insurance provider, the fact one in four don’t is of particular concern. With travel insurance, it is vital that people – and particularly those that have pre-existing medical conditions – declare ALL the medical conditions that fall within their Travel Insurance warranty, to be sure their cover offers them the fullest protection possible.”

“Our priority at AllClear is to look after our customers on holiday and the value we deliver our customers is based on a commitment to providing the best quality product and best-in-class service for the fairest possible price.”  

For more than 20 years, award-winning AllClear Travel Insurance has helped cover more than 3.5m people, with customers across the UK and Australia.  AllClear is passionate about enabling people to obtain specialist travel insurance whatever their pre-existing medical conditions or age. Discover more about AllClear at: www.allcleartravel.co.uk 

The online research was conducted for AllClear by Sago research among a representative sample for 2,212 adults in April 2024.

View original content:https://www.prnewswire.co.uk/news-releases/allclear-travel-research-one-in-four-people-with-medical-conditions-risk-invalidating-their-travel-insurance-when-travelling-abroad-302146684.html

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barq and TerraPay Forge a Strategic Partnership

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DUBAI, UAE, May 16, 2024 /PRNewswire/ — During the days of Seamless 2024 exhibition in Dubai, the fintech application barq and TerraPay, a global money movement company signed a strategic partnership. This collaboration aims to provide fast and secure international money transfer services.

Mr. Ahmed Alenazi, CEO of barq, expressed his enthusiasm, stating, “We are delighted to collaborate with TerraPay to enhance our international money transfer services. This alliance reflects our commitment to innovation and customer satisfaction.”

Ani Sane, Co-founder & Chief Business Officer – TerraPay, commented, “This partnership is not just another agreement; it is a testament to our commitment to supporting promising projects in Saudi Arabia like barq. Through this collaboration, we aim to deliver fast, efficient, and secure international money transfer services that adhere to global standards.”

Supported by TerraPay’s extensive global payments network, this agreement aligns with barq’s efforts to expand its service offerings, catering to customer needs and keeping pace with the growth of the fintech sector, both within and beyond the Kingdom.

barq received a license from the Saudi Central Bank (SAMA) in January of this year. Developed in Riyadh by Saudi talent, barq is expected to revolutionize the Kingdom’s fintech sector in the coming years. This is due to its unique services, secure payment methods, and the expertise of its team.

For media inquiries or further information, please contact: [email protected] 

Logo:  https://mma.prnewswire.com/media/1222771/TerraPay_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/barq-and-terrapay-forge-a-strategic-partnership-302147190.html

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