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Tag: financial

Coin Rivet interviews NFT project DreamsQuest

How did you come about starting DreamsQuest? Dreams Quest ideation started over 2 years ago when Steve and Leslie reached out and asked if I wanted to look at what they are working on.

Aussie SME financial management platform Thriday set to launch in beta

Thriday was set up to tackle “the poor quality of financial management solutions offered to small businesses”.

Vietnam’s HD Bank selects Thought Machine for core banking platform upgrade

HD Bank’s multi-year transformation will initially consist of upgrading its core platforms and internal workflows.

LBank Exchange Will List Saitanobi (SAITANOBI) on February 28, 2022

INTERNET CITY, DUBAI, Feb. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Saitanobi (SAITANOBI) on February 28, 2022. For all users of LBank Exchange, the SAITANOBI/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on February 28, 2022. The WOLFPACK and SHINJACLANS are two of the most...

The post LBank Exchange Will List Saitanobi (SAITANOBI) on February 28, 2022 appeared first on Live Bitcoin News.

Legacy Block Partners with Power of One Foundation to End Hunger

SANTA MONICA, CA, Feb 28, 2022 - (ACN Newswire) - Power of One Foundation ("POOF") has entered into a partnership with Legacy Block (BLCK:Pancakeswap). BLCK is an operating division of Peerless Exponential Partners, LLC (PXP). By way of the partnership POOF will use Legacy Block's BLCK governance token as the governance token for a series of new blockchain based projects targeted at ending hunger in the United States. These projects will materially increase POOF's reach and efficiency in addressing its goal that aligns with the United Nations Sustainable Development Goal (SDG) - Zero Hunger.

Santa Ana Mayor Vicente Sarmiento giving Andre Roberson CEO Power of One the Key to the City

Legacy Block ("BLCK") is the governance token of several protocols seeking to address some of the world's greatest challenges. "We believe we can use our token to solve some of the world's pressing challenges," says Joel Plasco, Co-Founder of Legacy Block. "When we set out to do this in Nigeria we were met with pessimism, what we now know is people will invest their time in what we call Personal Natural Resources ("PNR") to help themselves and their community. Blockchain and tokens are a very helpful tool for documenting and rewarding people for their participation."

Through the partnership POOF will work with Legacy Block to create new food security solutions leveraging the power of Blockchain. POOF's expertise and capabilities have been tested and honed over the duration of the Covid Pandemic. In 2020, as the effects of Covid halted the economy and devastated the income for tens of millions of Americans, POOF stepped up to feed over 3 million people in California and distributed over 10 million lbs of food earning it 2020 California Nonprofit of the Year.

"We learned during the height of the pandemic that new blockchain based tools could have possibly helped us increase the number of people we fed and could have helped people in need get other vital services. We believe we can use PNR to convert time and other intangible assets into tokenized monetizable assets," says Andre Roberson, CEO of Power of One Foundation.

By working with POOF, Legacy Block believes in the acquisition and utility of cryptographic assets available to everyone on the planet. Legacy Block has signed up 100,000 members in Africa who have pledged more than 5 million hours of their time to help social innovators who solve real world problems. These members are using PNR to eliminate extreme poverty. Legacy Block has agreed as part of this partnership to provide training and start-up capital to 50,000 POOF members which will allow those members to use PNR to reduce food insecurity.

"Applying PNR to food securities issues in the USA is the next step in creating a global PNR ecosystem capable of reducing financial inequalities," says Master Node Holder Lou Zant.

"We are excited to work with Legacy Block to help 50,000 of our community members activate their Personal Natural Resources ("PNR") to achieve permanent food security and to have access to the Legacy Block BLCK governance token and the great minds gathering to solve real life problems using blockchain," says Andre Roberson.

About Legacy Block

Legacy Block is an operating subsidiary of Peerless Exponential Partners, LLC, a company headquartered in the USA. Its purpose is to provide a framework for governance and coordinate the Legacy Block Initiative. This will foster transformative social impact through decentralized technologies in support of financial inclusion. The goal is the elimination of extreme poverty to ensure universal basic opportunities exist for every citizen on the planet.

For more information visit https://blckcoin.org

Contact: [email protected].


Forward-Looking Statements
This press release may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this presentation, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this presentation relating to the view of management of any company mentioned in this press release. (the "Company") concerning its business strategy, future operating results, and liquidity and capital resources outlook. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and the Company can't predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comPower of One Foundation ("POOF") has entered into a partnership with Legacy Block (BLCK:Pancakeswap). BLCK is an operating division of Peerless Exponential Partners, LLC (PXP).

South Korea announces $187 million investment in a national Metaverse project.

South Korea’s Ministry of ICT, Science, and Future Planning announced a 223.7 billion KRW ($186.7 million) investment to create a broad Metaverse ecosystem to support the growth of digital content within the country. The Ministry wrote in an official statement on Feb. 27 that funds will be spent on completing four main objectives in creating what appears […]

Mexican Senator Proposes Bill to Make Bitcoin Become Legal Tender in Her Country

A Mexican senator has announced that he is working on a crypto bill to allow her country to accept Bitcoin as legal tender.  According to a report by Cointelegraph, Indira Kempis, a senator representing the Neuvo León state in Mexico, is working on legislation — that will mirror El Salvador’s Bitcoin Law — to accept […]

Society Pass (SoPa) Adds Vietnam’s Handycart To Its Next-Generation Digital Ecosystem and Loyalty Platform

SINGAPORE, Feb 28, 2022 - (ACN Newswire) - Society Pass Incorporated (SoPa) (Nasdaq: "SOPA"), a leading Southeast Asian data-driven loyalty platform today, announced that it has acquired Dream Space Trading Company Limited ("Dream Space"), the operator of Handycart, a leading online grocery delivery service based in Hanoi, Vietnam. The newly acquired company will be integrated into SoPa's F&B delivery vertical with SoPa's existing merchant software platform #HOTTAB. Handycart founder and CEO, Seo Jun Ho, has been named Head of the new Business Unit managing both Handycart and #HOTTAB in Vietnam.

Founded in 2019, Handycart is an online grocery delivery app with its own fleet of delivery vehicles that focuses on servicing the Korean restaurant market and F&B sector in Hanoi. Korean food and pop-culture have taken Vietnam by storm, driven by the growing "Korean Wave", a recent survey by market research firm Q&Me found that 58 percent of Vietnamese favor Korean cuisine.

Commenting on this strategic step, Ngo Thi Cham, SoPa Vietnam Country General Manager, said, "We are excited to welcome Handycart to our larger SoPa ecosystem which will enable it to harness our integrated marketing and technology proposition while also strengthening our collective senior management resources. We endeavour to combine the robust technology and operational efficiency of a specialty ecommerce brand like Handycart with our brand building experience. SoPa has witnessed, with our runaway success of Leflair, in Vietnam, that this move will lead to immediate returns in terms of cost optimisation and increased revenue generation. We are determined to increase merchant coverage to 500 restaurants in Hanoi by the end of 2022 and look to expand to HCMC in 3Q 2022."

Leveraging on SoPa's integrated technology platform to drive operational efficiencies and business performance Handycart will focus on dramatically increasing on-demand grocery shopping services to more consumers in the country, while empowering specialty F&B restaurants to transform business models and further tap into online markets.

Seo Jun Ho, CEO of Handycart said, "Handycart was established in 2019 with a mission of connecting Korean patrons seeking a taste of home through its established network of authentic Korean restaurants right here in Vietnam. Providing businesses with speedy access to authentic Korean products has helped us gather a loyal user base of over 3000 with more than 26,000 orders in 2021 alone. SoPa will now be able to accelerate Handycart's growth given our well-established positioning as a go-to online grocery delivery service. Partnership with Society Pass will enable us to unlock growth opportunities within the industry and I am glad that Handycart can now avail itself of SoPa's synergistic ecosystem."

Vietnam has been one of the fastest-growing economies within SEA over the past two decades. The country's e-commerce is growing tremendously, valued at 13.2 billion USD, it is expected to grow steadily from 2021 until 2025.

Focused on growing its operations in the VIP (Vietnam, Indonesia, and Philippines) markets, SoPa is an acquisition focused ecommerce holding company operating across 5 interconnected verticals (lifestyle, F&B, travel, merchant software and loyalty) with 6 unique business units connecting millions of consumers and thousands of merchants in Southeast Asia. Handycart is the group's third acquisition in Vietnam following its acquisition of ecommerce marketplace Leflair and merchant POS and business app #HOTTAB.

About Society Pass

Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets. Its business model focuses on collecting user data through the expected circulation of its universal loyalty points. It seamlessly connects consumers and merchants across multiple product and service categories fostering organic loyalty.

Since its inception, SoPa has amassed over 1.6 million registered consumers and over 3,500 registered merchants/brands on its platform. It has since invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its Platform's consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz - a convenient order management app for business partners on SoPa.asia, and #HOTTAB POS - a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user's profile analytics, and convenient financial support packages for small and medium-sized enterprises. All tools offered above will allow businesses to attract and retain customers through personalized interaction based on analytics with a high profit margin.

In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, and Pushkart.ph, a popular grocery delivery company in Philippines. For more information, please check out: https://thesocietypass.com/

Media contact
PRecious Communications for SoPa
[email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSociety Pass Incorporated (SoPa) (Nasdaq: "SOPA"), a leading Southeast Asian data-driven loyalty platform today, announced that it has acquired Dream Space Trading Company Limited ("Dream Space"), the operator of Handycart, a leading online grocery delivery service based in Hanoi, Vietnam.

BNY Mellon first GSIB to integrate Chainalysis crypto compliance software

BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.

Report: Crypto Trading Bots Are Making Billions of Dollars by ‘Sandwich Trading’

Crypto trading bots are reportedly making hundreds of millions of dollars — if not billions — in profit by implementing a technique known in the industry as “sandwich trading.” According to a recent report by Fortune citing data from Bloomberg, bots are using “sandwich trading” to rake in massive amounts of profit across the Ethereum […]

InvestAnswers: U.S. SEC Filings Show Big Year for Institutions Investing in Crypto

Popular crypto analytics and market commentary show InvestAnswers says that a spike in filings to the U.S. Securities and Exchange Commission (SEC) this year is indicative of institutional interest.  Speaking in a recent video, the host of InvestAnswers noted that the number of SEC 13F filings that mention Bitcoin has increased to nearly 160 through […]

USDT records new all-time high against Russian ruble as inflation hits

As an immediate countermeasure against the rising inflation of its fiat currency, the Russian central bank doubled key interest rates on Monday, from 9.5% to 20%.

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