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NexBloc Launches FREEDOM Blockchain Top-Level Domain to Support Global Humanitarian Relief

indie
3 minutes

Tortola, British Virgin Islands, Mar 18, 2022 - (ACN Newswire via SEAPRWire.com) - NexBloc today announced the creation of the .freedom blockchain top-level domain (bTLD) for use in Web 3.0. Anyone worldwide can purchase .freedom domains such as yourname.freedom with net proceeds going toward global humanitarian aid. Immediate use of funds will focus on bringing relief for Ukrainian war victims. NexBloc is developing infrastructure for the decentralized web with their blockchain domain naming system (bDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on core blockchains and then interconnecting any blockchain to use a consistent naming path. The core blockchain for the .freedom bTLD will be selected from a group of short-listed blockchains and form the basis for all NexBloc's cause-based projects.The 2022 goal of the project is to drive one million buyers of .freedom domains with net proceeds delivered to cause entities like the International Red Cross and others. Over $50 million in funding will have been distributed when this goal is reached. In addition to contributing to a worthy cause, buyers...

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The Metaverse Meets Luxury Fashion: ALTAVA Group Partners with the Sandbox to Launch Exclusive NFT Collection for Both Metaverse

indie
3 minutes

Seoul, Korea, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - ALTAVA Group is proud to announce the partnership with the Sandbox to launch exclusive NFT collection for both metaverse. THERE'S no denying that the metaverse and Web3 is a big deal right now and a new collaboration is about to elevate the luxury fashion industry to new heights within this fascinating arena. ALTAVA Group, a metaverse company that stands at the intersection of technology and fashion, are incredibly excited to announce their partnership with metaverse gaming giant The Sandbox to launch an exclusive NFT collection.What makes the partnership so unique? It will provide those who purchase the NFT collection in the NFT marketplace the ability to use it in both The Sandbox and ALTAVA Worlds of You metaverse. The collaboration will undoubtedly amplify ALTAVA to even bigger levels and is set to become the best fashion metaverse.The NFT collection will leverage ALTAVA's experience of digitizing and tokenizing assets for high-end luxury brands including Balmain and Prada to create the most coveted PFP and avatars in The Sandbox metaverse for the lucky owners.ALTAVA also purchased LAND on The Sandbox where users w...

SeaPRwire

Verse Estate Announces Launch of its Platform

pandora
4 minutes

Dubai,UAE, March 17, 2022- (SEAPRWire) – Verse Estate, the first real estate agency in the Metaverse, has announced the launch of its platform. Verse Estate aims at bridging both the physical and digital worlds by providing hyper-realistic and fully customisable luxury products in the metaverse. As a real estate agency in the Metaverse, Verse Estate allows users to buy properties that are linked to an NFT. The NFT acts as a digital key to the owner’s private luxury estate, where they can display their digital assets on the walls, invite up to 100 friends, stream Netflix on their TV and for the first time, users can even play VR Games without ever leaving their estate. They also help brands and celebrities transition to the Metaverse by creating state-of-the art immersive experiences, bringing user experience to a whole new level. Users will be able to explore properties bought on Verse Estate through the Oculus Quest 2 VR headsets. Users can directly access the app through the Oculus store. Verse Estate has set the bar high in the Metaverse world, with an unprecedented customer service, they don’t just sell NFT’s, but they accompany the users every step of the way to maximize their...

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Padini Enters Partnership with XTS and Huawei Malaysia for RM1 Million Investment in Warehouse Automation Solution

indie
4 minutes

KUALA LUMPUR, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - XTS Technologies Sdn. Bhd. (XTS), a leading specialist in the design and build of factory automation solutions, and Huawei Technologies (M) Sdn. Bhd. (Huawei), a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has signed a Memorandum of Understanding (MoU) with Padini Dot Com Sdn. Bhd., a subsidiary of Padini Holdings Berhad (Padini, Bursa: Main, 7052) for a warehouse automation solution using automated guided vehicles (AGVs) valued at RM1 million to be delivered within one year of a confirmed order.Top 1st row, R: Mr. Lim Chee Siong, Huawei Malaysia's VP of the Cloud and AI Business; 2nd row, L: Mr. Xteven Teoh, Managing Director of XTS and 3rd row, R: Mr. Andrew Yong, General Manager (Operations) of Padini, at the digital MoU signing ceremony.Padini is a fashion retailer offering two multi-brand labels - Padini Concept Store with eight brands including Padini, Seed, Padini Authentics, PDI, P&Co, Miki, Vincci and Vincci Accessories, and Brands Outlet. Padini is a fashion retailer operating outlets stores in malls across Malaysia as well as Cambodia, Indo...

JCN Newswire
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Toyota Announces April to June Production Plan (as of March 17)

ruth
3 minutes

Toyota City, Japan, Mar 17, 2022 - (JCN Newswire via SEAPRWire.com) - We at Toyota have made repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, causing considerable inconvenience to our customers and other parties concerned.Up until now, we have conducted recovery production with tremendous efforts from the various relevant parties with the aim of delivering to customers as many vehicles as possible at the earliest possible date. However, due to the parts shortage, we have had to make repeated last-minute adjustments to production plans, and this has imposed considerable burdens on production sites including those of suppliers.Under these circumstances and in light of a review of past developments, we have revised production plans to be more reasonable in line with recent realities. Specifically, we have positioned the three-month period from April to June as an "intentional pause," and we will create plans based on the personnel structures and facility capacities of suppliers. By doing this, we will establish healthy workplace environments that place the highest priority on safety and quality, rather than exceeding the cap...

ACN Newswire

Hua Medicine Announces 2021 Annual Results

indie
8 minutes

SHANGHAI, CHINA, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - Hua Medicine (the "Company", Stock Code: 2552.HK) today announces the audited annual results of the Company and its subsidiaries for the year ended December 31, 2021 (the "Reporting Period"). The Reporting Period witnessed significant milestones in the commercialization process of dorzagliatin. The New Drug Application (NDA) of dorzagliatin for the treatment of Type 2 Diabetes was submitted to, and accepted by, the China National Medical Products Administration (the "NMPA"). The Company has also been actively advancing the full-life-cycle management plans of drugs. Total expenditures incurred by the Company in 2021 was approximately RMB327.2 million, of which approximately RMB186.8 million was research and development expenses. As of December 31, 2021, the Company's cash position was approximately RMB675.2 million.Hua Medicine has consistently focused on unmet clinical needs. After 10 years of breakthrough exploration, from the scientific theory of glucose homeostasis regulation to an innovative drug with a new and novel mechanism, the Company has successfully developed dorzagliatin, a first-in-class innovative gluc...

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Eisai: Economic Arrangements of Amendment to Alzheimer’s Disease Treatment Collaboration Agreement with Biogen

ruth
1 minute

TOKYO, Mar 15, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced the following economic arrangements agreed in the amendment to Alzheimer's disease collaboration agreement with Biogen Inc. separately announced today. Effective as of January 1, 2023, Eisai will receive a tiered royalty on net sales of ADUHELM rather than sharing global profits and losses. The details of the royalty rates are shown in the table below.Economic arrangements for 2022 will remain materially unchanged with Eisai's share of ADUHELM expenses capped at $335 million for the costs related to development, commercialization and manufacturing for the period from January 1, 2022, to December 31, 2022. In regards to Eisai's financials, no revision will be made at this time to the consolidated earnings forecast for the fiscal year ending March 31, 2022. If Eisai determines that revisions are necessary based on changes including business environment, Eisai will make an announcement as soon as possible.*ADUHELM is a registered trademark of Biogen Inc. Media Inquiries:Public Relations Department,Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Moonstake to Establish Moonstake Gaming Guild (MSGG) to Enter GameFi Business

indie
5 minutes

SINGAPORE, Mar 15, 2022 - (ACN Newswire via SEAPRWire.com) - Moonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.GameFi is a term combining the words "Game" and "Finance", referring to games where you can earn from playing. Specifically, in-game currency, tokens, characters, and items backed by blockchain technology can be bought and sold by players on crypto asset exchanges and marketplaces. GameFi is a market that has been growing rapidly, led by the "Axie Infinity" GameFi project which has been especially popular in Southeast Asia since 2021. The GameFi domain is expected to exceed $68 billion* and is attracting widespread attention even outside of the crypto asset industry.GameFi is creating new businesses with its innovative model and Moonstake will help create new jobs by establishing and operating gaming guilds. We will provide gaming know-how and lend strong characters and weapons through the global connections promoted by Moonstake. Moonstake hopes to address one of the major goals of the SDGs, "End Poverty," via the creation of new jobs.*What is a Gaming Guild?Gaming Guild i...

JCN Newswire
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Biogen and Eisai Amend Collaboration Agreements on Alzheimer’s Disease Treatments

ruth
7 minutes

CAMBRIDGE, Mass., and TOKYO, Mar 15, 2022 - (JCN Newswire via SEAPRWire.com) - Biogen Inc. (Nasdaq: BIIB) and Eisai Co., Ltd. announced today that the companies have amended their existing collaboration agreement on aducanumab, which is commercialized in the United States as ADUHELM (aducanumab-avwa). Effective as of January 1, 2023, Eisai will receive a tiered royalty based on net sales of ADUHELM rather than sharing global profits and losses. The royalty rate starts at 2% and reaches 8% when annual sales exceed $1 billion. Effective immediately Biogen's existing final decision-making rights on ADUHELM have converted to sole decision making and commercialization rights worldwide. Overall, economic arrangements for both companies in 2022 are expected to remain materially unchanged with Eisai's share of expenses capped at an agreed amount for the costs related to development, commercialization and manufacturing of ADUHELM for the period from January 1, 2022, to December 31, 2022. Once the tiered royalty model commences on January 1, 2023, Eisai will not participate in ADUHELM's economics beyond these royalties. The companies will continue to jointly develop and commercialize the inv...

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Myanmar Announces Direct Border Trade Currency Settlement with Thailand; Plans Similar Non-Dollar Convertibility with India in Near Future

indie
5 minutes

NAY PYI TAW, MM, Mar 15, 2022 - (ACN Newswire via SEAPRWire.com) - The Myanmar Government has agreed to accept the Thai baht as an official currency for settling border trade starting this month. Thailand is the second country after China to permit its national currency to be exchangeable with the Myanmar kyat for border trade activities.Myanmar's Minister of Information (MOI) Mr Maung Maung Ohn and Minister of Investments and Foreign Economic Relations (MIFER) Mr Aung Naing Oo said in a joint statement today that the kyat-baht initiative is a significant development as Thailand is Myanmar's second largest trading partner after China. The Myanmar Government intends to initiate similar currency convertibility for the Indian rupee for trade along the border it shares with India.Myanmar and China commenced kyat-renminbi settlement for border trades in January 2022. The increasing use of non-US dollar direct currency settlement for border trade underscores the strong bilateral relations that Myanmar enjoys with its neighbours.The kyat-baht settlement arrangement was endorsed by an official notification and guidelines issued by the Central Bank earlier this month. All settlements will b...

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Mitsubishi Corporation, Kaluza, and Miraiz to Launch Initiative for Decarbonising Mobility in Japan

ruth
3 minutes

TOKYO, Mar 15, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation, Kaluza Ltd. and Chubu Electric Power Miraiz Co. has started a smart charging trial for electric vehicles (EVs) in order to accelerate the development of decarbonisation-focused services for the mobility sector. Kaluza's platform is being deployed to optimise when EVs charge at users' homes so they store cheap and green energy, helping to reduce energy costs for society as a whole while providing a rewarding charging experience for customers. Through the deployment, Kaluza will demonstrate the effectiveness of its technology and benefits of this type of service in the Japanese market. Based on the results obtained from this trial, the three companies will continue to develop smart services for electric vehicles, helping increase adoption and powering progress towards a decarbonised society. Kaluza works with a number of leading automotive and energy companies in the UK including OVO Energy, the country's third largest energy supplier. Kaluza's platform uses AI to optimise the charging of a variety of distributed energy resources, including electric vehicles, to help customers reduce their energy costs, ...

ACN Newswire
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lala DeFi Launches High Yield Multiple Staking Pools

indie
4 minutes

London, UK, Mar 15, 2022 - (ACN Newswire via SEAPRWire.com) - la2.finance (lala DeFi), a blockchain-based decentralized finance (DeFi) project, has officially launched its DeFi staking protocol, adding farming, staking, and liquidity providing functions in the near future for users thus allowing them to earn lucrative APY against their holdings. With the launch of the staking protocol, lala DeFi allows users of all levels of experience, whether a beginner or a veteran user, to get an advantage out of their cryptocurrencies while staking, all without the hassle of trading themselves.The lala DeFi Staking Protocol shares some basic concepts as Certified Deposit (CD), investors save their crypto-assets on the platform for a certain length of time, in exchange for high-yielding defined returns. This is a less volatile alternative for the average investors to approach cryptocurrency and makes it another income stream, just like how they do with conventional CDs (certified deposits).What makes la2 Staking stand out is that it offers approximately 25-50% APY or even more, which conventional investments will find hard to match.lala Poolslala offers a variety of staking pools, with varying ...

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IND Application for SinoMab’s First-in-Class Asthma Therapeutic Product SM17 Approved by FDA

indie
4 minutes

HONG KONG, Mar 14, 2022 - (ACN Newswire via SEAPRWire.com) - SinoMab BioScience Limited ("SinoMab" or the "Company", together with its subsidiaries, the "Group", stock code: 3681.HK), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, is pleased to announce that, the Investigational New Drug application ("IND"), for the treatment of patients with asthma for Company's First-in-Class (FIC) therapeutic product SM17 (Humanized anti-IL17RB monoclonal antibody for injection) was approved by the U.S. Food and Drug Administration ("FDA"). The IND approval would enable the Company to initiate the First-In-Human (FIH) study in the U.S. in the first quarter of 2022 at the earliest. SM17 is the world's first monoclonal antibodies targeting IL17BR co-developed by SinoMab and LifeArc (a medical research charity based in the United Kingdom), and is known to be the world's first humanized which has a wide range of indications, including asthma, idiopathic pulmonary fibrosis etc. SM17 is a humanized, IgG4-k monoclonal antibody targeting IL-17RB. The binding of SM17 to IL...

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Infocus International Relaunches the Highly Recommended Offshore Wind Online Training

indie
3 minutes

Singapore, Mar 14, 2022 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced the new date for Offshore Wind training and it will be commencing live on the 5th of April 2022. A comprehensive online course to one of renewable energy's fastest-growing sectors.This is a business-focused training seminar designed to provide business developers and investors with an accessible and concise, yet comprehensive understanding of the many facets of these capital-intensive and lengthy projects. Offshore wind projects are very different from their onshore cousins, both in terms of the components required and the project development and installation processes involved. From turbines and timescales to cabling and costs, the scales are often supersized - with clear economic and practical rationale for this.This course will lead attendees through the technologies, processes and financial return and risk considerations for those involved in offshore wind project development. Explanations will be provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean en...

JCN Newswire
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ATAC and Toyota Establish New Initiative to Support the Social Implementation of Innovative Technologies Begin Collaborations with Universities

ruth
4 minutes

Toyota City, Japan, Mar 14, 2022 - (JCN Newswire via SEAPRWire.com) - Society is changing at unprecedented speeds, as exemplified by carbon neutrality initiatives and the advance of digital transformation, and there are similarly unprecedented expectations for innovative technologies. The fusion of technologies across industry boundaries is becoming increasingly important, as is already happening in the digital domain.For these reasons, there is a growing need to create vast, virtuous cycles by nurturing the seeds of outstanding technologies in society, linking them to economic value, and recycling them into new technologies that will inspire further innovations.Aware of such a need, Advanced Technology Acceleration Corporation (ATAC) and Toyota Motor Corporation (Toyota) launched a new joint initiative in May 2021, entitled Innovative Technology Acceleration Platform (ITAP), with the goal of contributing to the research, development, and social implementation of outstanding technologies in Japan.ATAC is a company that takes a hands-on approach in supporting the commercialization of advanced technologies, such as incubating startups and engaging in industry-academia collaborations ...

SeaPRwire

Qenetex Announces the Solutions for Global Exchange and Security

pandora
4 minutes

Dubai, UAE , March 11, 2022- (SEAPRWire) – Qenetex presents innovative solutions for secure and decentralized storage of funds. Security is guaranteed by the personal signature generated and encrypted on the owner’s device. The Qenetex platform is designed to help connect blockchains, services, and tokens together, thus simplifying cryptocurrency management and making the crypto world more accessible to a broader audience. What are the main advantages of Qenetex? When someone makes an exchange on one of the major exchanges, they can see only one price and are limited by the list of tokens that the platform supports. Qenetex works differently, connecting more than 100 exchanges and providers worldwide, both decentralized and centralized. Within 2 seconds, the Exchange Search Engine analyzes big data from all over the global market and finds the most profitable exchange routes. At the same time, users do not need to spend time understanding how the exchanges work since the engine algorithm operates automatically. Another problem Qenetex helps solve is commissions, namely high transaction and gas commissions. Firstly, Qenetex allows users to create multi-transactions, in which they ca...