Internet City, Dubai–(Newsfile Corp. – January 4, 2022) – LBank Exchange, a global digital asset trading platform, will list Zeptacoin (ZPTC) on January 5, 2022. For all users of LBank Exchange, the ZPTC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on January 5, 2022.
Figure 1: LBank Exchange Will List Zeptacoin (ZPTC) on January 5, 2022
Blockchain technology has been transforming various industries since its birth, and the music industry, especially its ownership right, has enormous potential in becoming a recognized asset class by integrating with blockchain. Zeptagram is a blockchain based trading platform where music IP-rights owners can tokenize( NFTs and DNFT)their assets, and its native token Zeptacoin (ZPTC) is used for music rights trading on the Zeptagram music DNFT and NFT platform. The ZPTC token will be listed on LBank Exchange at 20:00 (UTC+8) on January 5, 2022, to further expand its global reach and help it achieve its vision.
Zeptagram is a blockchain based trading platform where music IP-rights owners can tokenize their assets DNFTs NFTs .It’s a platform that rewards artists and music lovers for their creative expression and dedication to music. For artists, Zeptagram can be used to publish their music, get funding, and share the success with their fans. For music lovers, Zeptagram can be used to support their favorite artists, which will bring them more music continuously.
Investing in music can offer yield that is uncorrelated to the stock market and offers little correlation to other markets. This is of great interest for investors seeking to diversify their risks through alternative investments. Music rights offer a broad range of return possibilities, and have the opportunity to become a recognized asset class, since they are paying dividends and can be analyzed through widely accepted valuation methods.
Born in Sweden, Zeptagram is getting ready to revolutionize the music industry. Working closely with artists and content creators all over the world Zeptagram strives to offer the most lucrative platform for investment and trading of music rights. At Zeptagram one will find a team of highly experienced professionals who live and breathe tech, music and finance with a global outlook, and have over 50 years of experience from fintech, the music industry, marketing and blockchain.
Zeptagram aims to offer composers and IP-owners a fair and transparent platform where they can easily and quickly monetize new or existing songs; create a new marketplace for NFT’s where fans, rights buyers, and brands can partner with artists on a song-by-song basis; make it possible for IP-rights holders to easily track and collect royalties through the blockchain. Its vision is to become a market leader in music rights trading and establish Zeptacoin as the main trading cryptocurrency in the industry.
About ZPTC Token
Zeptacoin (ZPTC) is the token used for music rights trading on the Zeptagram music platform and will soon be integrated into Zeptagram’s NFT platform. It’s built on “proof of stake” on an energy-effective blockchain, which uses a fraction of the energy required for some of the biggest blockchains. It’s also a cryptocurrency free from future inflation since it’s limited to 50,000,000 coins, no additional coins will be issued in the future.
The ZPTC token will be listed on LBank Exchange at 20:00 (UTC+8) on January 5, 2022, investors who are interested in Zeptagram investment can easily buy and sell its token on LBank Exchange by then. The listing of ZPTC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about ZPTC Token:
Official Website: https://zeptagram.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:
LBK Blockchain Co. Limited
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Stockify goes fully Digital, offers Mutual Funds and Dematerialization of shares
In a strategic move to expand its offerings and provide a comprehensive suite of financial services, Stockify, a leading platform for Unlisted and pre-IPO shares in India, has announced plans to venture into the Mutual Fund space.
This development comes as part of Stockify’s mission to assist High-Net Individuals (HNIs) and Non-Resident Indians (NRIs) in accessing various investment opportunities in India via the pre-IPO route and maximizing their wealth. The company is also set to facilitate the Dematerialization of Shares. (Conversion of Physical Share to DEMAT account.)
Founded by Piyush Jhunjhunwala (CA, CPA) and Co-Founded by Rahul Khatuwala (CA) both seasoned finance professionals with decades of experience in global conglomerates.
Stockify has already carved a niche for itself in the Indian Financial landscape. The platform primarily focuses on providing access to Blue-Chip Stocks before their listing on the Indian Stock Market (via the Pre IPO Route) enabling early investors to potentially achieve significant returns. While expressing the company’s intent behind expanding its services, Jhunjhunwala said, “Mutual Funds are the backbone of the Indian Equity market, and we believe it is important that NRI and retail investors in India can greatly benefit from our new offering and this will help them in creating long-term wealth.”
The recent announcement of Stockify entering the Mutual Funds market follows the company’s successful acquisition of a Mutual Fund license in the first quarter of 2023. Alongside Mutual Funds, Stockify intends to offer an array of other financial products, like Start-up Funding, fixed investment products like Bonds and Non-Convertible Debentures (NCDs) and Insurance-Linked Investments, in the coming months. Notably, Stockify plans to make all its products and services 100% accessible online, aligning with the Digital India vision of our beloved Prime Minster Mr. Narendra Modi.
Currently, Stockify boasts 70 Unlisted/pre-IPO companies on its platform, with in-depth research conducted on all of them as stated by Jhunjhunwala. It offers a simple online process where transactions can be completed online, and shares get transferred to the clients DEMAT account on the same day.
Stockify’s global presence was recently showcased at the Dubai Fintech Summit (DFS). The two-day event brought together over 5,000 C-suite leaders, 1,000-plus investors, and 150 speakers from around the world. Stockify was selected as one of the proud exhibitors at the summit, solidifying its position as one of the world’s largest providers of pre-IPO and Unlisted Stocks in India.
With its ambitious expansion plans and commitment to innovation, Stockify is set to continue revolutionizing the way investors access and engage with financial opportunities in India and beyond.
VerifyVASP Wins Hong Kong’s IFTA Fintech and Innovation Awards 2022/23: Regulatory Technology Award
VerifyVASP was awarded the Institute of Financial Technologists of Asia (IFTA) Fintech and Innovation Awards 2022/23 for Regulatory Technology. The awards exhibit the extraordinary achievements made by companies and individuals in the finance and technology industries.
The IFTA Awards, themed “Game Changers: The Rise of Next Gen Fintech”, celebrates ground-breaking ideas and technologies that are shaping the future of finance. The distinguished Guest of Honour presenting the IFTA awards was the Under Secretary for Financial Services and the Treasury for Financial Services in the Hong Kong SAR, Mr. Joseph Ho-Lim Chan.
VerifyVASP has established itself as a comprehensive Travel Rule solution provider catering to Virtual Assets Service Providers (VASPs) worldwide. Its commitment to facilitating full compliance with Travel Rule regulations across multiple jurisdictions has earned it this prestigious recognition.
This accolade comes at an opportune time, as VerifyVASP supports the Hong Kong Virtual Asset Trading Platforms (VATPs) in adhering to the regulatory framework set forth by the Hong Kong Securities & Futures Commission, which came into effect on 1 June 2023. VATPs are granted a grace period till 1 January 2024 to ensure compliance with Travel Rule requirements.
The IFTA Fintech and Innovation Award underscores VerifyVASP’s capabilities, including:
- Facilitation of counterparty due diligence: VerifyVASP assists VASPs in counterparty due diligence before the first transaction, to stringent standards akin to that observed in correspondent banking. This is achieved through VerifyVASP’s own rigorous due diligence process, encompassing over 100 VASPs.
- Immediate and secure transmission: Leveraging a scalable architecture, VerifyVASP ensures immediate and secure transmission of required information, alongside verification of such information. To date, the platform has processed over 5 million transfers.
- Adherence to international data protection laws: VerifyVASP complies with international data protection law thanks to its decentralised, end to end encrypted architecture. This dedication to data security and privacy sets it apart in the industry.
- Asset agnostic: VerifyVASP’s capabilities extend to accommodating any type of virtual asset, having processed over 400 cryptocurrency variants on its platform.
- Integration of third-party screening solutions: VerifyVASP seamlessly integrates third-party solutions, allowing for efficient screening of originators or beneficiaries before blockchain transactions.
SOURCE VerifyVASP Pte Ltd
Nagad’s Digital Bank on cards, Sadaf to lead the side
Nagad, Bangladesh’s leading Mobile Financial Service (MFS) provider, is gearing up to establish the much-anticipated digital bank, as it is going to secure a licence from the Bangladesh Bank within a couple of months.
Sadaf Roksana, a co-founder and executive director of Nagad Ltd., has been entrusted with the responsibility of leading her company’s transformative venture that will bring greater convenience to the lives of millions of Bangladeshis, reducing their reliance on traditional brick-and-mortar banks.
The MFS provider earlier applied to secure a digital bank licence following the central bank’s call for applications through its website. The Bangladesh Bank also formulated necessary guidelines to widen and accelerate financial inclusion, which will also create jobs for young IT workers.
The world’s fastest mobile money carrier is going to venture into the digital banking era at a time when the financial landscape across the globe is fast evolving towards digitalisation, driven by technological advancements and changing consumer preferences.
Taking on the new assignment, Sadaf, a seasoned financial executive with a remarkable track record in the fintech industry, is poised to steer Nagad’s digital bank towards success. Once Nagad gets the digital bank licence, it will provide its consumers with innovative and convenient banking solutions.
“We are very excited that we are going to introduce digital banking services to the people of Bangladesh within a couple of months,” Sadaf said, adding, “This endeavour aligns perfectly with our vision of enhancing financial inclusion and ensuring easy access to all financial services also at affordable prices.”
Nagad is already well-equipped to launch a digital bank. It will start serving customers soon after getting the licence, Sadaf assured.
Under its digital banking platform, Nagad will introduce many new services, such as single-digit and collateral-free loans for small informal businesses and farmers who now are to take loans from moneylenders even at 40% interest rate per day, she pointed out.
“Thus, we will encourage them to come under financial inclusion, thus putting their money into the formal channel,” she expressed her optimism.
To assess one’s creditworthiness, Nagad has created an AI-based credit rating system that will analyse all transactions-related data available on public domains using one’s NID and mobile number, Sadaf Roksana added.
As Nagad goes ahead with its plans, all eyes will be on Sadaf Roksana and her team as they will embark on this exciting journey towards a more digitised and inclusive financial future for the country.
SOURCE Nagad Limited
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