Press Release
Ample FinTech Announces PBM3525, a Transformative Programmable Payments Technology for Digital Assets
Singapore City, SG – Ample FinTech, a Singapore-based FinTech company, revealed its novel programmable money technology PBM3525 today. This technology enables individuals and commercial users to configure and customize payment conditions and logics on blockchains without involving financial intermediaries or programming smart contracts themselves. Ample FinTech stated that it has successfully applied this technology in Project DESFT, a pilot cross-border trade and payment solution supported by the Monetary Authority of Singapore and the Bank of Ghana. According to the leaders of this startup company, PBM3525 is a general purpose technology to digitalize an array of payment and financial tools such as bills, invoices, letters of credit, commercial papers, swap contracts, and more.
In the global fintech and financial innovation sectors, tokenization and distributed ledger technology (DLT) have become highly discussed topics. Many central banks around the world have launched pilot projects on Central Bank Digital Currency (CBDC), tokenized deposits, stablecoins and DLT to explore the potential of these technologies in the digital economy, especially in cross-board payment, international trade and supply chain finance. Project DESFT is a notable example among these central bank pilot initiatives.
In May 2024, Project DESFT completed its first cross-border payment pilot. The transaction utilized the Singapore dollar stablecoin and Ghana’s central bank digital currency (CBDC), eCedi. The pilot successfully employed PBM3525, an extension of “Purpose-Bound Money” technology, to facilitate the cross-border transaction.
Purpose-Bound Money (PBM) is a new advanced programmable payment technology. Before this innovation, there were two primary models to control and automate payment logics, Programmable Payments and Programmable Money. Purpose-Bound Money (PBM), as the third and latest model, combines the concepts and advantages of the two before it. Compared to these two models, PBM offers both the flexibility of programmable payments and the determinism of programmable money. In this new type of transferable token, programming logic and token value are tightly bound together. Technically, PBM can be seen as wrapping programming rules around digital assets to create a new type of transferable token that includes rules and underlying value tokens. Once conditions are met, PBM will release its underlying assets.
The reference implementation of PBM is based on the ERC-1155 standard, while Ample FinTech adopted the ERC-3525 semi-fungible token standard to create PBM and named it PBM3525, where “3525” indicates the use of this advanced token standard. PBM3525 extends the “Purpose-Bound Money” technology, enabling users to independently combine and create complex payment programming logic with simpler, more composable, and richer visualization features. With these features, PBM3525 is more conducive to commoditize the programmable money technology and its applications in various industries.
David LEE Kuo Chuen, co-founder of Ample FinTech, stated: “PBM3525 is a groundbreaking innovation in the field of programmable finance. The global financial sector is recognizing the significant opportunities that distributed ledger technology (DLT) and smart contracts bring to transforming payments and digital finance. Ample FinTech is honored to collaborate with the public sector on pioneering projects like Project DESFT, and is pleased to have successfully validated concepts and conducted cross-border payments using PBM3525 technology in this project. This achievement is just the beginning. As a versatile and powerful technology, PBM3525 has the potential to revolutionize numerous applications from digital finance to international trade.”
Zhexin Wan, Head of Research at Ample FinTech, is working on the next version of PBM3525, which is about privacy protection and compliance. He added, “PBM3525 represents a breakthrough in how digital payments are conceived and utilized. By integrating digital identity and verifiable credential technologies, PBM3525 can be one of the first DLT-based programmable payment solutions that delivers robust privacy protection and compliance features, which are essential for the real-world applications. We see a great potential, including scenarios such as cross-border payments, international trade, trade finance, contractual agreements, and online commerce, where it can help reduce counterparty risks and costs, and improve efficiency and transparency.”
This innovation marks a milestone on the path to digitizing economies, cross-border payments, and international trade. This technological innovation indicates that in the future, both businesses and individuals can use cutting-edge programmable payment technologies like PBM3525 without needing expensive intermediary services. PBM3525 brings significant efficiency improvements through its atomic settlement feature, addressing pain points in traditional cross-border payments such as long settlement times. It also simplifies international trade procedures and leverages its transparency to reduce compliance costs, bringing higher certainty and credibility to international trade. Ultimately, it enhances global financial inclusivity and opens new opportunities for global economic growth and cooperation.
The successful implementation of PBM3525 demonstrates blockchain technology’s potential to transform the financial industry, promoting the development of a more inclusive and interconnected global economy.
ZheXin Wan (Louis)
Email: service@amplefintech.com
About Ample FinTech: Ample FinTech is a Singapore-based financial technology solution development company that is engaging in multiple explorative digital currency and tokenization initiatives, including Project DESFT, which is supported by the Monetary Authority of Singapore and the Bank of Ghana.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Albuquerque, New Mexico, United States, 24th Oct 2024 — Pro Concrete Contractor Albuquerque, a trusted provider of high-quality residential and commercial concrete services, is excited to announce the launch of its newly designed website, theaustinpoolbuilders.com.
The updated online platform reflects the company’s commitment to meeting the rising demand for concrete services in the Albuquerque area, offering customers a streamlined experience to explore services and request quotes.
As the demand for concrete installations and repairs increases across New Mexico, Pro Concrete Contractor Albuquerque is expanding its digital presence to better serve homeowners and businesses. The new website makes it easier for potential clients to learn about the company’s full range of services, including driveway installations, patios, stamped concrete, foundations, and more.
“We’re seeing more homeowners and business owners seeking reliable, high-quality concrete services,” said Santiago Lopez, Pro Concrete Contractor Albuquerque CEO. “The new website ensures they can quickly find the information they need, view our previous projects, and get in touch with us for estimates. It’s all about creating a seamless, user-friendly experience.”
The website has been designed to provide an intuitive layout, mobile-friendly functionality, and optimized content for improved search engine visibility. With a focus on customer satisfaction, the site also features a blog offering expert advice on concrete maintenance and project ideas, empowering visitors with the information needed to make informed decisions about their concrete needs.
About Pro Concrete Contractor Albuquerque
Pro Concrete Contractor Albuquerque is a leading provider of residential and commercial concrete solutions in the Albuquerque region. With years of experience, the company specializes in delivering exceptional craftsmanship in concrete installations, repairs, and decorative designs. Dedicated to customer satisfaction, Pro Concrete Contractor Albuquerque prides itself on its professionalism, attention to detail, and competitive pricing.
For more information, visit https://proconcretecontractoralbuquerque.com or contact:
Phone: (505) 500 1081
Email: info@proconcretecontractoralbuquerque.com
Media Contact
Organization: Pro Concrete Contractor Albuquerque
Contact Person: Santiago Lopez
Website: https://proconcretecontractoralbuquerque.com/
Email: Send Email
Contact Number: +15055001081
Address: 3701 High St NE
City: Albuquerque
State: New Mexico
Country: United States
Release Id: 24102418909
The post Pro Concrete Contractor Albuquerque Launches New Website to Meet Growing Demand appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
The Mining Future Introduces the Bitmain Antminer KS5 20Th—Efficiency and Profits in Crypto Mining
The Mining Future, one of the leading provider of cryptocurrency mining solutions in Middle East and Latin Amercia, is excited to announce the arrival of the Bitmain Antminer KS5 20Th, a new mining rig designed to help cryptocurrency miners boost their efficiency and profits. With a focus on delivering top performance, the KS5 20Th is here to meet the growing demands of today’s mining world.
The Bitmain Antminer KS5 20Th offers an impressive 20 terahashes per second (TH/s), making it perfect for miners looking to stay ahead in the competitive crypto space of Kaspa mining. Whether it is about mining on small scale or as part of a larger operation, this rig can provide the power any Kaspa miner needs to succeed.
Lower Energy Use, Bigger Profits
One of the biggest challenges for miners is the cost of electricity. The Bitmain Antminer KS5 20Th helps tackle this issue thanks to its high efficiency rates, thus using less energy without sacrificing performance. That means lower electricity bills and a quicker return on investment, allowing it to run a more profitable operation.
Built to Last and Ready for the Future
Not only is the Antminer KS5 20Th powerful, but it is also built to last even in the most tough environments. With a durable design and advanced cooling system, it can handle long hours of continuous operation without impacting its uptime. And with its high performance it can stay ahead of the curve despite the increasing network difficulty and the demands of more power, providing a competitive advantage for its owners.
Simple and Easy to Use for Everyone
The Antminer KS5 20Th has been designed to make it easy to set up and use. Its straightforward controls make it accessible to all types of miners, and with Bitmain’s customer support, you can be sure your mining operation is running smoothly without any hassle.
Hosting Services Now Available
For an even simpler mining experience, the miners can delegate its operations to professional crypto mining hosting service facilities. The Mining Future is now expanded its offering of hosting services for the Bitmain Antminer KS5 20Th. Its hosting solutions provide reliable infrastructure at a very affordable rates, so any miner can focus on just enjoying the profits while leaving all technicalities to the technical experts.
A Smart Investment in the Future of Mining
As cryptocurrency mining continues to grow, having powerful and efficient hardware is more important than ever. The Bitmain Antminer KS5 20Th gives miners the edge they need to stay profitable and competitive in this rapidly changing industry.
For more information or to set up a free consultation, please visit www.theminingfuture.com or contact their team at contact@theminingfuture.com.
About The Mining Future
The Mining Future provides top-notch crypto mining hardware and services, offering the latest technology to obtain maximum efficiency and profitability. Offering reliable equipment and cutting-edge hosting infrastructure, the company enables miners minimize downtime, extend equipment lifespan, and maximize profits.
Contact Details:
Contact Person: Gilbert Corbella
Phone No: 48 535 235 364
Address: Dubai Silicon Oasis, Dubai Digital Park, Building A2, Premises 10800-001, Dubai, United Arab Emirates.
Website URL: https://www.theminingfuture.com/
Email Address: contact@theminingfuture.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
The Mining Future, one of the leading provider of cryptocurrency mining solutions in Middle East and Latin Amercia, is pleased to announce an exciting expansion to include the latest Antminer Hosting services. With a focus to staying ahead of the curve, The Mining Future now offers specialized hosting solutions for the latest Antminer models, including the S21 200T, S21 Pro 234T, S21 Hydro 335T, S21 XP Hydro 473T, and KS5 Pro 21T.
This service update addresses the latest releases from Bitmain’s top performing models, as well as accommodating the growing demand for more efficient, high-performing hosting solutions that support the newest technological advancements in crypto mining. By offering cutting-edge hosting solutions for these powerful devices, The Mining Future continues its commitment to enabling miners optimize their mining operations while increasing their profitability.
What’s New?
With the S21 series known for its impressive hashing power and energy efficiency, The Mining Future’s hosting services are designed to ensure maximum uptime and minimal operational costs. Here’s what miners can expect:
- Antminer S21 200T Hosting – Take advantage of the S21 200T’s capabilities with optimized energy consumption and enhanced operational efficiency.
- Antminer S21 Pro 234T Hosting – Experience industry-leading performance with infrastructure designed to support the S21 Pro’s superior hashing power.
- Antminer S21 Hydro 335T and S21 XP Hydro 473T Hosting – Benefit from advanced cooling systems tailored for the S21 Hydro, maximizing productivity without increasing energy costs.
- Antminer KS5 Pro 21T Hosting – Secure a hosting environment that ensures stability and peak performance for the top Kaspa miner model KS5 Pro, guaranteeing continuous operation and zero downtime.
Why Choose The Mining Future for Antminer Hosting?
The Mining Future can provide cutting edge cooling technology, reliable power management, and 24/7 monitoring. Its advanced Antminer Hosting services deliver the highest levels of efficiency and performance for the newest miners in the industry. Their secure, scalable facilities are built to handle the increasing power needs of these cutting-edge machines, giving miners a competitive advantage in today’s fast-paced cryptocurrency market.
For more information or to set up a free consultation, please visit www.theminingfuture.com or contact their team at contact@theminingfuture.com.
About The Mining Future
The Mining Future provides top-notch crypto mining hardware and services, offering the latest technology to obtain maximum efficiency and profitability. Offering reliable equipment and cutting-edge hosting infrastructure, the company enables miners minimize downtime, extend equipment lifespan, and maximize profits.
Contact Details:
Contact Person: Gilbert Corbella
Phone No: 48 535 235 364
Address: Dubai Silicon Oasis, Dubai Digital Park, Building A2, Premises 10800-001, Dubai, United Arab Emirates.
Website URL: https://www.theminingfuture.com/
Email Address: contact@theminingfuture.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Pro Concrete Contractor Albuquerque Launches New Website to Meet Growing Demand
The Mining Future Introduces the Bitmain Antminer KS5 20Th—Efficiency and Profits in Crypto Mining
The Mining Future Expands Antminer Hosting Services for S21 Series
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