Latest News

LBank Exchange Will List DragonVein Coin (DVC) on January 5, 2022

Published

2 years ago

January 1, 2022

Reading Time: 3 minutes

Internet City, Dubai–(Newsfile Corp. – January 1, 2022) – LBank Exchange, a global digital asset trading platform, will list DragonVein Coin (DVC) on January 5, 2022. For all users of LBank Exchange, the DVC/USDT trading pair will be officially available for trading at 15:00 (UTC+8) on January 5, 2022.

Figure 1: LBank Exchange Will List DragonVein Coin (DVC) on January 5, 2022

In traditional internet technologies, digital content distribution relies on centralized CDN services which are way too expensive, and the copyright value of those content is severely undervalued. Furthermore, content creators often cannot continuously benefit from the content they create, and there is no incentive for users as well. To solve these problems, a project named DragonVein makes use of the blockchain and edge network technologies to significantly lower the barrier for users of digital content, and protect the benefits of content creators, especially in the VR space. Its native token DragonVein Coin (DVC) will be listed on LBank Exchange at 15:00 (UTC+8) on January 5, 2022, to further expand its global reach and help it achieve its vision.

Introducing DragonVein

Based on a secure, smart, high-speed and affordable blockchain platform, DragonVein is a digital content assetization platform that manages digital content intellectual property. It provides decentralized storage, a unified content platform, and an NFT- based digital content trading platform for digital content creators. Through an unchangeable, traceable, and reliable blockchain smart contract system, it can complete copyright confirmation, reduce the cost of creation and channel management, and motivate content creators to produce more excellent content.

Smart contracts are a core component in determining content ownership across the DragonVein ecosystem and are designed to protect the rights of creators. By providing smart contracts, the DragonVein ecosystem can reduce the risk for creators, thereby encouraging them to create more content, thus creating a positive cycle for the entire industry of digital content including audio and video streaming, texts and slides, games and applications, educational courseware and so on.

With a perfect blockchain incentive system, every DragonVein user can get the benefit of shared storage and traffic through a peer-to-peer distributed storage network. At the same time, DragonVein’s distributed storage network also has the advantage of being more efficient and economical than traditional CDN distribution networks, saving up to 60% of traffic distribution costs.

As for the VR digital content and ecosystem incentive, the VR technology providers will provide creator a set of creation kit free of charge, so that creator can create and publish the content using it. DragonVein will give the VR technology providers and VR content makers certain amount of tokens based on the purchase, playback and other parameters of the fingerprinted content. Also, the function of trading is added to all digital assets in DragonVein ecosystem, content creators can upload their digital content to DragonVein and bundle it with NFTs to trade digital content through the NFT marketplace.

In education, with a personalized learning system, artificial intelligence can be powerful in logical fields such as math, science, and programming. All processes of sending and receiving feedback with artificial intelligence are recorded on the DragonVein blockchain. This record provides an objective diagnosis of an individual’s characteristics and strengths, and based on this, artificial intelligence could advise or decides the individual’s career path.

DragonVein also produces DvBox, a smart hardware that integrates 5G intelligent gateway, VR player, PoS and PoW supported cryptocurrency mining. Every DvBox has a built-in DVC account, users can import an existing account as well. Sharing LAN idle computing power, bandwidth and storage through DvBox, users will obtain the DragonVein Coin as reward. Each DvBox can connect to other DvBoxes and distribute the stored content to other DragonVein devices, at which point the DvBox will act as the DragonVein’s digital content distribution node.

About DVC Token

As a unified currency of the DragonVein, DVC can be used to trade, rent and purchase content within the ecosystems, as well as customize one’s favorite content. DVC can be used to complete the distribution and promotion of VR content, intellectual property trading, intellectual property ownership confirmation, equipment trading, etc.

Users can obtain DVC through mining, paid content revenue, content consumption dividend, NFT trading, and of course, trading on exchanges. The DVC token will be listed on LBank Exchange at 15:00 (UTC+8) on January 5, 2022, investors who are interested in DragonVein investment can easily buy and sell DVC on LBank Exchange by then. The listing of DVC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about DVC Token:

Official Website: http://www.dragonvein.io/

Telegram: https://t.me/DRAGONVEIN (Announce) / https://t.me/dragonveinchat (Chat)

Twitter: https://twitter.com/DragonVeinChain

Medium: https://dragonvein.medium.com/

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/108864

Latest News

Chiba Bank to deploy Moneythor personalisation engine for Chibagin app

Published

55 mins ago

May 17, 2024

Peter Tolan

Chiba Bank, a regional bank dedicated to serving the communities and businesses within Japan’s Chiba prefecture, has entered into a partnership with Moneythor to enhance personalized banking experiences. Through this collaboration, Chiba Bank aims to offer tailored services to its customers.

Utilizing Moneythor’s financial services personalization engine, Chiba Bank will integrate advanced features into its Chibagin app. This app enables users to perform various banking tasks such as checking account balances, transferring funds, making deposits, conducting loan transactions, and paying taxes and utility bills—all without the need to visit one of the bank’s 181 branches across Japan.

Moneythor’s engine deployment promises to provide app users with personalized insights tailored to their unique preferences. These insights encompass money management, savings capabilities, and cash flow predictions, enriching the overall digital banking experience.

Chiba Bank anticipates that this technology will foster stronger connections with its customers and enhance their digital banking journey. Moreover, Moneythor’s extensive global experience is seen as a valuable asset, offering financial insights and best practices to further refine the bank’s digital banking offerings.

As a self-designated engagement banking group with significant assets, Chiba Bank has been implementing a mid-term plan since April last year. This plan focuses on evolving its customer-focused business model through personalized proposals, enhancing existing business models, and exploring new business areas. The bank aims to achieve these objectives by March 31, 2026.

Hideki Shibata, Executive Officer and General Manager of the Digital Strategies Unit at Chiba Bank, believes that the adoption of the Moneythor engine will empower customers with personalized insights and recommendations aligned with their interests. This initiative reflects the bank’s commitment to providing personalized, seamless, and engaging digital experiences, thereby fostering a sense of community among its customers and catering to their evolving digital needs.

Source: fintechfutures.com

The post Chiba Bank to deploy Moneythor personalisation engine for Chibagin app appeared first on HIPTHER Alerts.

Latest News

TerraPay and barq Set the Stage for Swift and Secure Cross-Border Transfers

Published

3 hours ago

May 17, 2024

Peter Tolan

barq, a fintech application, and TerraPay, a global money transfer company, have formed a strategic partnership to offer rapid and secure international money transfer services. This collaboration harnesses TerraPay’s expansive global payments network, aligning with barq’s objective of broadening its service portfolio to meet the increasing demands of the fintech sector.

TerraPay and barq Forge Alliance

The partnership is poised to strengthen barq’s capabilities in providing efficient financial services both domestically within Saudi Arabia and internationally. This development comes on the heels of barq obtaining a license from the Saudi Central Bank in January.

Ahmed Alenazi, CEO of barq, expressed his enthusiasm, stating: “We are thrilled to partner with TerraPay to enhance our international money transfer services. This collaboration underscores our commitment to innovation and ensuring customer satisfaction.”

Ani Sane, Co-Founder & Chief Business Officer at TerraPay, remarked: “This partnership is more than just another agreement; it exemplifies our dedication to supporting promising initiatives in Saudi Arabia like barq. Through this collaboration, we aim to deliver swift, efficient, and secure international money transfer services that adhere to global standards.”

Developed in Riyadh, barq is expected to make a significant impact on Saudi Arabia’s fintech landscape with its services, secure payment methods, and experienced team.

Ani Sane’s comments reflect the shared commitment of both companies to deliver high-quality financial services and contribute to the advancement of the fintech sector in Saudi Arabia.

Source: financemagnates.com

The post TerraPay and barq Set the Stage for Swift and Secure Cross-Border Transfers appeared first on HIPTHER Alerts.

Latest News

CUBE acquires global regulatory intelligence businesses from Thomson Reuters

Published

4 hours ago

May 17, 2024

CISION (PR Newswire)

LONDON, May 17, 2024 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses.

The acquisition of these global businesses represents a major step forward in CUBE’s growth plans. It will deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s existing global customer base will be expanded to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.

CUBE’s global employees will expand to 600, of which close to 250 are highly qualified regulatory subject matter experts, legal and compliance professionals.

Ben Richmond, founder and CEO of CUBE said: “Thomson Reuters is known to be the biggest and best in the industry for providing regulatory expert analysis and subject matter expertise, alongside world-leading journalism and news. The combination of CUBE’s purpose-built AI, with the years of content curated by Thomson Reuters Regulatory Intelligence and Oden expert analysts, will accelerate innovation. Together, we will deliver regulatory transformation capabilities for our global customers that could only have been imagined before.”

Richmond continues: “This combination will provide tremendous scale and depth across CUBE’s regulatory content and technology. It is a significant step toward creating an industry-defining regulatory compliance and risk platform that will benefit all customers and elevate the industry as a whole.”

Through this acquisition, CUBE will provide an expanded and comprehensive selection of specialized regulatory intelligence and regulatory change services, committed to excellence, quality, and highly contextualised and meaningful regulatory content for customers. By combining cutting-edge technology and subject matter expertise at scale CUBE will set a new bar for the industry in regulatory automation and content.

Chris Maguire, General Manager, Risk and Fraud, Corporates, Thomson Reuters said: “It was clear to us that CUBE had established itself as a leading regulatory intelligence provider for global enterprise clients in the financial services and insurance sectors. We wanted to ensure our customers and employees could work with an organisation that would continue to innovate and significantly invest in solutions like Thomson Reuters Regulatory Intelligence and Oden. We are working tirelessly to ensure a seamless and value-enhancing transition for customers and employees, and we are looking forward to working with the CUBE team during this transition.”

Christopher Fielding, Hg, said: “We’re delighted to further extend our market reach, bringing in two high quality and complementary global businesses to the CUBE platform.”

Thomas Martin, Hg, added: “We see these acquisitions as enabling further innovation in the regulatory intelligence and change management sector, leading to strengthened demand for these quality solutions across the globe.”

The terms of the transaction will not be disclosed.

About CUBE

CUBE provides a highly comprehensive and robust source of classified, and meaningful AI-driven regulatory data to power its Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) solutions. CUBE’s purpose-built regulatory technology including its AI engine (RegBrain) and software platform (RegPlatform) tracks, analyses, and monitors laws, rules, and regulations in every country and in every published language to create an always up-to-date regulatory footprint that transforms visibility and compliance capability for customers across the globe.

With operations across Europe, North America, Canada, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes.

Following the strategic partnership with Hg in March 2024, CUBE announced the acquisition of US-based Reg-Room in May 2024.

About Hg

Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers.

This industry is characterised by digitisation trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.

With a vast European network and strong presence across North America, Hg’s 400 employees and around $70 billion in funds under management support a portfolio of around 50 businesses, worth over $140 billion aggregate enterprise value, with over 110,000 employees, consistently growing revenues at more than 20%.

About Regulatory Intelligence

Regulatory Intelligence is a proactive, connected, and comprehensive solution that tracks and analyses regulatory changes within ~2,000 regulatory bodies and rulebooks for more than 20 countries. It enables banking, financial services, and insurance (BFSI) sectors to manage exposure to operational, regulatory, and compliance risk.

About Oden

Oden State Rules and Regulations (SR&R), Oden Policy Terminator/Sentry PT, and OdenTrack provide repositories and automated solutions for complying with state rules and regulations on the provisioning of Personal and Business Insurance in the US.

View original content:https://www.prnewswire.co.uk/news-releases/cube-acquires-global-regulatory-intelligence-businesses-from-thomson-reuters-302147604.html