Press Release
Asprofin Bank Unveils Plans with 360 Wowcom Data for Global Datacenter Project
September 12, 2024, Dominica—Asprofin Bank [1] announced plans with 360 Wowcom Data to finance and construct a data center that satisfies global storage and data access needs while being energy efficient. The envisaged state-of-the-art facility ionizes industries by providing computing power, high-speed storage, advanced networking, and highly efficient server architecture, with a total estimated project value of USD 13 Billion. The planned center incorporates, amongst others, 12 Security Patents and 422 bulk project patents. [2]
The data center plan is a testament to 360 Wowcom Data and the subcontractor’s track record in establishing other regional data centers in Southeast Asia.
Data Center in East Asia for a Government Agency with Artificial Intelligence and Big Data Analytics at the Forefront of the Dashboard.
When asked for comment about the design and plans for construction, Xiaoyan Wang of 360 Wowcom Data commented, “We will build the Data Center with underground passive water cooling and a scalable storage capacity of 50GB per person for a 5 billion population, with fast low orbit satellite and fiber global data access”. [3]
While ambitious for projects of this scale, underwater passive water cooling minimizes the use of heat dissipators, exchangers, and commercial cooling solutions, thereby reducing the footprint and increasing the Power Usage Effectiveness, and is in line with the Federal Energy Management Program Data Center design best practices. [4] In addition, cloud data access minimizes onsite deployment, eliminating individual energy expenditure while keeping admin control and autonomy over the system. [5]
Further, 360 Wowcom Data’s storage solution comes with a user-friendly software-as-a-service (SAAS) suite: 360 Wowdrive. 360 Wowdrive, available to consumers, corporations, and governments, offers decentralized cloud storage with data encryption technology and authentication handshakes. All data uploaded by users is encrypted on the client side, meaning it is encrypted before it reaches the server. [6] The encryption ensures that the data remains secure during transmission and storage, with no third-party access to unencrypted files, providing unparalleled data privacy and security. [7] The triple-layered data safeguard far surpasses the requirements under the PCI DSS Encryption, which makes the AES truncation encryption a concept of the past. [8]
Asprofin Bank’s Director of Technology, DK Wei Chen, praised the storage solution’s benefits: ” We are poised to implement the solution as it provides multilayered decentralized data communication with data handoff within the banking apps, an additional layer of security for our clients in terms of transaction authentication, and online banking wallet security. It gives us a chance to have access to well-rounded technology and functions similar to Citi’s Digital Assets in terms of client data security. [9]
The data will be accessed via satellite based communication dubbed the 360 Wowcom Data Starlink Project. The 360 Wowcom Data Starlink Project is a spinoff that will be undertaken simultaneously to the datacenter construction, and is a series of low earth orbit satellites that form a web to deliver access globally. In terms of IoT applications, the low earth orbit satellites can operate in the harshest of weather conditions, making data accessible around the clock for all users. [11] The connectivity advantages were further corroborated earlier by Defence Digital [12], Science Direct [13], and the European Space Agency [14].
When asked about future plans, Xiaoyan Wang affirmed that 360 Wowcom Data, after the Apple iPhone Launch earlier this month [15], are going to be introducing a first-to-market phone shortly after the Apple iPhone launch for all users with the focus laid upon hyper connectivity, and a slew of features that enhance the digital life and workspace of consumers, corporate enterprise and government users. The phone dubbed the 360 Wowcom Smartphone features an industry first satellite data communication chip for around the world data connectivity, a 5G telecommunications chip compatible with all wavebands, a finger FIDO compliant sensor, and 108 MP, 50MP, 50 MP tri-camera setup. [16]
About Asprofin Bank
Asprofin Bank is a licensed offshore bank, operating under Section 5 of the Offshore Banking Act, No. 8 of 1996, regulated by the Financial Services Unit of the Commonwealth of Dominica. With a global presence, Asprofin Bank offers a wide range of financial services, including cross-border payment solutions, project financing, and investment advisory. As a member of the International Bank Association, the FI is committed to providing trusted and innovative banking solutions to clients worldwide.
About 360 Wowcom
360 Wowcom is a leading technology provider specializing in advanced data processing, AI solutions, and wellness technology. The company is dedicated to delivering innovative, data-driven solutions that drive transformation across industries worldwide.
Contact Details
Company Name: Asprofin Bank Corporation
Department: Asprofin Bank Communications Team
PIC: Yida Jiang
Email: correspondence@asprofinbank.org
City: Roseau
Country: Dominica
Contact Details
Company Name: 360 Wowcom
Department: Data Analytics and Communications
PIC: Guo Wei Zhen
Email: correspondence@360wowcom.com
Place: Delaware, United States of America
References
[1] https://www.asprofinbank.org
[2] https://analytics.zhihuiya.com/patent-view/
[3] https://www.datacenterdynamics.com/en/analysis/an-introduction-to-liquid-cooling-in-the-data-center/
[4] https://www.energy.gov/femp/articles/best-practices-guide-energy-efficient-data-center-design
[5] https://www.asiabusinessoutlook.com/perspective/how-cloud-computing-can-be-a-costeffective-solution-for-businesses-nwid-3032.html#google_vignette
[6] https://www.researchgate.net/publication/350020260_Client-side_Cryptography_Based_Security_for_Cloud_Computing_System
[7] https://medium.com/@jonathanwilcheck/the-advantages-of-decentralized-cloud-storage-a-secure-and-efficient-solution-fe07a8c8a67
[8] https://thoropass.com/blog/compliance/pci-dss-encryption-requirements/
[9] https://medium.com/@project_medici/citiblock-inside-citibanks-blockchain-project-and-why-the-crypto-industry-feels-meh-about-it-b35c4fa0b340
[10] https://www.360wowcomdata.com
[11] https://tago.io/blog/low-earth-orbit
[12] https://defencedigital.blog.gov.uk/2024/02/16/low-earth-orbit-the-future-to-keeping-sailors-connected/
[13] https://www.sciencedirect.com/topics/engineering/low-earth-orbit
[14] https://eda.europa.eu/news-and-events/news/2024/03/06/european-satellite-constellation-for-very-low-earth-orbit-to-launch-in-two-years
[15] https://www.apple.com/newsroom/2024/09/apple-debuts-iphone-16-pro-and-iphone-16-pro-max/
[16] https://www.360wowcom.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.
Press Release
AIA Labs Introduces AIA Chain: A Game-Changing Blockchain for Financial Transactions
AIA Labs, a trailblazer in blockchain innovation, has officially launched AIA Chain, a next-generation blockchain platform designed specifically for high-performance financial transactions. Fully compatible with the Ethereum Virtual Machine (EVM), AIA Chain integrates cutting-edge technology with unparalleled speed, scalability, and cost-efficiency, making it a leader in decentralized finance (DeFi), blockchain payments, and Web3 infrastructure.
Why AIA Chain Stands Out in the Crypto Ecosystem
AIA Chain is setting new benchmarks in the crypto and blockchain industries, addressing key challenges such as transaction speed, scalability, cost-efficiency, and regulatory compliance. Its unique features make it a compelling choice for developers, institutions, and users seeking innovative solutions in the rapidly evolving world of blockchain technology, cryptocurrencies, and smart contracts.
With the global digital payments market projected to reach $20 trillion by 2030, AIA Chain is strategically positioned to become a cornerstone of blockchain-based payment infrastructure.
Unrivaled Transaction Speed and Low Fees
AIA Chain is redefining the standards for blockchain payments with:
- Over 100,000 transactions per second (TPS): AIA Chain surpasses the performance of major blockchains like Ethereum, Binance Smart Chain (BSC), and Solana.
- Ultra-low transaction costs: At just $0.0002 per transaction, AIA Chain outperforms many leading blockchains, making it ideal for high-frequency use cases such as crypto payments, remittances, and DeFi protocols.
- Meta-transaction mechanism: AIA introduces this advanced feature to lower the barriers for both developers and users, enhancing usability and adoption.
Built for DeFi, Web3, Gamefi, On-chain AI Agent and Beyond
AIA Chain is fully compatible with Ethereum, enabling seamless migration of projects and smart contracts. This makes it an ideal platform for developers building DeFi apps, NFT marketplaces, metaverse projects, and GameFi ecosystems. The platform’s focus on scalability and interoperability ensures that projects can thrive in a rapidly growing Web3 world.
Key Features of AIA Chain
APoS Consensus Mechanism and ISN Architecture
AIA Chain employs Adaptive Proof of Stake (APoS) and a unique Internet Sharding Network (ISN) architecture. These innovations:
- Prevent centralization and whale manipulation, ensuring a fair and secure network.
- Increase transaction throughput and enhance the platform’s decentralization.
- Drive high network activity, making AIA Chain a dynamic and robust ecosystem.
EVM Compatibility and Developer-Friendly Tools
By being fully compatible with EVM, AIA Chain simplifies project migration from blockchains like Ethereum, Binance Smart Chain, and Polygon. The inclusion of AVM (AIA Virtual Machine) provides developers with advanced tools to build scalable and innovative solutions, enabling smart contract deployment and decentralized application (dApp) development with ease.
Scalability and Layer 2 Solutions
AIA Chain supports Layer 2 scaling solutions and cross-chain interoperability, offering developers the tools to create applications that transcend blockchain silos. These features unlock vast potential for DeFi ecosystems, cross-border crypto payments, and enterprise blockchain solutions.
Focus on Compliance and Institutional Adoption
AIA Chain prioritizes regulatory compliance in global markets, providing a secure and legally compliant environment for both institutional and individual users. This focus positions AIA Chain as a preferred platform for enterprise blockchain adoption, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi).
Developer and Ecosystem Support
The AIA Foundation actively supports promising projects with funding, technical guidance, global roadshows, and marketing resources. By fostering developer growth, the foundation aims to build a vibrant, innovative ecosystem that accelerates the adoption of blockchain technology and cryptocurrency worldwide.
Transforming the Blockchain Landscape
AIA Chain’s unique combination of speed, affordability, and developer-friendly features positions it as a transformative force in the blockchain industry. Its applications span:
- DeFi Protocols: Supporting decentralized exchanges (DEXs), liquidity mining, and innovative yield farming strategies.
- Crypto Payments: Optimized for real-time, low-cost transactions in retail and institutional markets.
- Gamefi, Ai-Fi, Memecoin, NFT and Web3 Ecosystems: AIA Chain provides a scalable foundation for Gamefi, Ai-Fi, Memecoin, NFTs, metaverse projects, and decentralized governance applications.
- Enterprise Adoption: With a focus on compliance and scalability, AIA Chain bridges the gap between traditional financial systems and blockchain technology.
About AIA Labs
As the operational backbone of AIA Chain, AIA Labs is committed to fostering a dynamic and inclusive blockchain ecosystem. By providing technical leadership, regulatory insights, and developer support, AIA Labs is empowering a new generation of blockchain applications in DeFi, Web3, and beyond.
Support for Developers:
The AIA Foundation, managed by AIA Labs, offers comprehensive support for promising projects, including funding, technical assistance, and global marketing resources. By lowering barriers to entry, AIA Labs accelerates adoption and innovation within the blockchain space.
Focus on Compliance and Stability:
AIA Labs prioritizes compliance with regulatory frameworks across key global markets, establishing AIA Chain as a reliable platform for institutions and individuals alike, providing a compliant and secure platform for institutions and individuals. This commitment to compliance establishes AIA Chain as a preferred choice for financial applications requiring high-frequency transactions and reliability.
For more information, visit AIA Labs Website.
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.
Press Release
Tradeview Markets Shines at Finance Magnates London Summit 2024
London, UK, 26th November 2024, ZEX PR WIRE, Tradeview Markets proudly stole the spotlight at the Finance Magnates London Summit 2024, a premier two-day event that brought together the biggest names in the financial industry.
With one of the best-looking booths, Tradeview’s presence was unmatched, attracting more attendees than any other exhibitor at the summit.
A Hub of Connection and Innovation
Tradeview´s team made the most of every moment, engaging with industry leaders, networking with professionals from across the globe, and showcasing cutting-edge technological advancements. Visitors at the booth not only experienced the future of trading but also left with exclusive giveaways—caps, ties, pens, and more—making Tradeview’s stands the ultimate destination at the summit.
Unforgettable Experiences and Star Power
In a highlight that wowed attendees, players from the Leicester Tigers men’s and women’s teams were at booth #31 to meet fans and take photos. This unique collaboration underscored Tradeview’s commitment to blending industry excellence with engaging, memorable experiences.
Adding to the excitement, models and influencers brought energy and style the booth, ensuring that Tradeview was a trending topic throughout the summit. From product demonstrations to interactive sessions, the buzz surrounding Tradeview Markets was electric.
A Bright Future for Tradeview Markets
“Tradeview Markets is thrilled to have been such a pivotal part of the Finance Magnates London Summit 2024,” said Tim Furey, CEO at Tradeview Markets. “This event provided an incredible platform for us to connect with the global financial community, showcase our innovations, and highlight what makes Tradeview a leader in the industry. The response was phenomenal, and we’re excited to continue building on this momentum.”
Looking Ahead
Tradeview Markets remains dedicated to pushing boundaries and leading the way in the financial services sector. With the success of the Finance Magnates London Summit 2024, the company is poised for an exciting year ahead, filled with innovation, growth, and continued industry leadership. Additionally, Tradeview Markets will participate in the Traders Fair in Hong Kong on December 14th.
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.
Press Release
China-Europe Industrial Innovation Zone: Creating a model zone for China-EU cooperation
2024 marks the 21st anniversary of establishing a comprehensive strategic partnership between China and Europe, China-EU relations are showing good momentum of consolidation and development. China looks forward to the EU becoming a key partner in pursuing Chinese modernization, sharing opportunities in its vast market, institutional opening-up, and deepening international collaboration.
Wuxi, a core city in the Yangtze River Delta urban agglomeration, has attracted investments from European companies such as AstraZeneca, Bosch, and Siemens since China’s coastal opening up. The city has opened up China-Europe freight train services and direct cargo routes to Europe, fostering deepening economic and trade cooperation—Wuxi High-tech Zone, located in the hinterland of the Yangtze River Delta with convenient transportation links. Since becoming a national high-tech zone in 1992, it has incubated a robust ecosystem of technological innovation, housing numerous postdoctoral workstations, listed companies, and high-tech enterprises. Ranked 4th among China’s top 100 districts for high-quality development and 18th among 177 national high-tech zones, Wuxi High-tech Zone stands out as a beacon of growth.
In November 2023, the Wuxi China-Europe Industrial Innovation Zone was officially launched.
As an open window for China-Europe cooperation, the China-Europe Industrial Innovation Zone aims to promote high-level openness, serving as a platform for sharing opportunities globally, a bridge for deepening EU collaboration, and a forefront for innovation in China-Eu partnerships. By the end of 2023, EU countries states had invested in 166 projects in the Wuxi High-tech Zone, with a total investment of €15 billion. In 2023 alone, these projects generated sales revenue of RMB 118.23 billion and contributed RMB 8.18 billion in taxes.
Spanning a total planned area of 24.5 square kilometers, the China-Europe Industrial Innovation Zone is situated in the Meicun area of the Wuxi High-tech Zone. The core area covers 7.7 square kilometers, with the initial development area along both sides of Xinhua Road spanning 1.15 square kilometers. Anchored in Meicun Street, the zone aims to become a model for China-Europe cooperation, providing a premium platform for the Wuxi High-tech Zone and the city of Wuxi to strengthen international collaboration. The first phase of construction has already reached the structural topping-off stage and is expected to be completed by March 2025.
Building on Wuxi High-tech Zone’s solid foundation of international industrial cooperation, the China-Europe Industrial Innovation Zone adheres to a philosophy of integrated development of science, industry, and urbanization. It is actively developing four international cooperation sub-parks: the China-Germany International Cooperation Industrial Park, the China-France International Cooperation Industrial Park, the China-Switzerland International Cooperation Industrial Park, and the China-Israel International Cooperation Industrial Park.
The China-Europe Industrial Innovation Zone targets an annual output value of RMB 160 billion and tax revenue exceeding RMB 8 billion. It aims to attract at least 30 European “hidden champion” enterprises, including over 10 multinational company headquarters. The zone will construct more than 500,000 square meters of innovation facilities and jointly establish at least three European industrial technology transfer centers. Efforts to attract major China-Europe cooperative projects are being intensified, with key EU-related projects such as Legrand, AML Systems, Schneider Electric, Faurecia, and Siemens accelerating their presence in the zone. The future focus will be on cutting-edge EU technologies and innovations, optimizing industrial structure and layout to position the zone as a leading provincial-level economic development zone, Wuxi High-tech Zone’s preferred industrial destination, and a top-tier international industrial cooperation zone renowned across China and the Yangtze River Delta.
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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.
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