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EIB Allocated First Loan to Azerbaijan’s Public Sector

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The European Investment Bank (EIB) has allocated a loan in Azerbaijan for the first time to support the development of digital infrastructure in the public sector.

Azerbaijan, 31st Dec 2024 – The European Investment Bank (EIB) has allocated a loan in Azerbaijan for the first time to support the development of digital infrastructure in the public sector. 

A €43 million loan will fund the construction of two new Data Centers managed by “AzInTelecom” LLC, which operates under the Ministry of Digital Development and Transport. The project’s goal is to expand and enhance the accessibility of cloud services provided by the state-owned company.

On December 20, a formal signing ceremony took place at the administrative office of “AzInTelecom” LLC in connection with the approval of the credit agreement.

The Vice-President of the European Investment Bank (EIB), Teresa Czerwińska, expressed satisfaction with formalizing the EIB’s first loan support to Azerbaijan’s public sector, stating:

“We are pleased to formalise our first loan with Azerbaijan’s public sector. Improving access to information and fostering resilient digital transformation are among the key priorities of the European Investment Bank. This particular investment focusing on the innovation and transparency, will not only modernize public administration but will also contribute to sustainable economic growth and social progress.”

On behalf of Azerbaijan, the contract was signed by Elkhan Azizov, Acting Chairman of the Board of “AzInTelecom” LLC, who noted that this project will provide a significant contribution to the ongoing digital transformation in the country:

“With the implementation of this project, cloud services will become more accessible for both small and large organizations. This will have a direct positive impact on the development of the digital ecosystem in Azerbaijan. I’d also like to emphasize that both Data Centers planned for construction in the Absheron and Hajigabul regions will be built based on green technologies.”

It should be mentioned that this initiative aligns with the Economic and Investment Plan (EIP) for the Eastern Partnership of the European Union, as well as the “Global Gateway” strategy. It also emphasizes the EU’s commitment to promoting sustainable development and digital transformation in the region.

“AzInTelecom” LLC is the largest cloud service provider in Azerbaijan and the first organization in the South Caucasus to receive the internationally renowned “TIER 3” certification for Data Centers. The company currently provides cloud services to over 200 public and private sector organizations through its Data Centers located in Baku and Yevlakh.

 

Media Contact

Organization: Ministry of Digital Development and Transport of the Republic of Azerbaijan

Contact Person: Jahangir Atakishiyev

Website: https://mincom.gov.az

Email: Send Email

Country: Azerbaijan

Release Id: 31122422088

The post EIB Allocated First Loan to Azerbaijan’s Public Sector 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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Press Release

Navicosoft Pakistan’s Leading Hub for Web Services

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Lahore, Punjab, Pakistan, 7th Jan 2025 – Navicosoft,  a digital services company from Lahore, is known as the hub of a wide range of web services, including web hostingVPS hostingRDP hostingdomain registration, and various other services. Navicosoft brings great opportunities for local domain resellers in Pakistan to buy and sell domains. 

Before this, resellers had to go through many steps to help people get their website names, which took a lot of time and money. Now, as the best domain reseller PakistanNavicosoft offers resellers a way to get domain names quicker at an affordable price. Their domain reseller program comes with a simple storefront that makes it easy for resellers to manage all aspects of domain reselling with high-margin profit and add more products and services, such as servers, SSL certificates, and others to expand their business easily.

Things to see in Navicosoft:

Navicosoft, an Australian-based company, is recognized as the leading web hosting company in PakistanNavicosoft has its main office in Melbourne, Australia, with regional offices in Lahore, Pakistan, and London, UK.

Navicosoft offers a variety of services, including domain registrationweb hostingVPS and dedicated server hostingWordPress hosting, and digital marketing services like SEO, SEM, content writing, and PPC advertising. 

Thousands of customers trust Navicosoft and have shown their trust with a number of positive online reviews on various platforms like trust pilot, Whtop, host advice due to the company’s commitment to providing users with reliable and high-quality services at affordable prices.

Premier ICANN-Accredited Domain Registrar

Navicosoft has become Pakistan’s leading ICANN-accredited domain registrar that contributes to Pakistan’s IT sector. It is a great achievement for the people of Pakistan to buy a domain from Navicosoft, which is a leading digital marketing agency in Pakistan

As an ICANN_accredited registrar, it offers locals to buy domain names directly without the need for intermediaries. Moreover, they can buy their domains in local currency securely at better and more affordable prices. 

Best Digital Marketing Services Provider

Navicosoft, one of the leading digital marketing agencies in Pakistan, offers its clients multiple digital services like SEO, SEM, content writing, and PPC advertising with the aim of implementing effective strategies that include building brand awareness and gaining more customers. Using SEO and social media gets more organic traffic and sales. 

Reliable web hosting for your website

The company provides fast and reliable web hosting in Pakistan, including shared and dedicated hosting services for everyone, from small businesses to large enterprises. These web hosting services are equipped with the latest technologies and various features according to unique needs and preferences of businesses.

The sufficient bandwidth with the hosting plan makes data transfer quick and efficient between the website and visitors. In addition, they also provide high-end infrastructure, proactive monitoring, and redundant systems with their hosting solutions to maintain performance of their servers. SSL certificates, software licenses, and server management solutions are also provided to add more security and credibility to client’s websites.

Reliable VPS and RDP Provider: 

As a reliable hosting provider company in PakistanNavicosoft offers the best VPS Pakistan to meet the diverse needs of businesses with low latency and fast connectivity. RDP Pakistan solutions are perfect for users who want to access their desktop computers remotely from anywhere in the world. 

Both VPS and RDP hosting plans come with various features, such as DDOS protection, instant setup, KVM virtualizationSSD storage driveslocal IP address and other features to ensure smooth functioning of websites and protection from malware attacks. Navicosoft also offers VPS and Windows RDP servers from over 100 locations worldwide, combining comprehensive features with affordable pricing.

Domain Purchasing Benefits for Customers

domain name is the identity of your business or services that helps provide a complete web address. Choosing the right one is like choosing the perfect name for your business that needs to be precise, engaging, and catchy based on your business requirements and customer’s interests.

Navicosoft also provides extra services to customers who purchase domains, such as WHOIS privacy protection, theft protection, child name server, DNS management, and domain transfer services

Here are other benefits that Navicosoft provides customers with domains. 

These include:

  • Domain locks for the prevention of any accidental domain transfer
  • Full DNS Control and dedicated domain panel that manages the domain.
  • They provide instant alerts about domains
  • Provide a secure way to change registration details for any domain.
  • Offer an instant yet easy way to transfer your domain

Perks for Customers:

Navicosoft’s web hosting and digital marketing services provide multiple advantages to customers:

  • They ensure the security and privacy of user’s data with various security measures, such as standard DDOS protection, backup options, regular updates and anti-fraud measures. 
  • The affordable and transparent pricing structure makes it possible for every user to access their services and get recognition in the competitive market without breaking the bank. 
  • The company offers user’s freedom to make short-term contracts, from monthly to yearly, to buy services according to their requirement and upgrade them easily. 
  • Customers are also provided with expert and professional support all the time for smooth and uninterrupted services without any limitations and downtime. 

Navicosoft’s Commitment to Excellence:

Navicosoft has emerged as a leading digital service provider in the IT industry and become one of the fastest growing agencies in Pakistan with its milestone achievements in web hostingdomain registration, and digital marketing services. 

With its commitment to excellence, Navicosoft has created valuable opportunities for local resellers, web professionals, and businesses to give their websites and businesses global recognition and achieve more success online. 

Looking Ahead

Navicosoft’s experience and expertise position it as one of the major contributors to Pakistan’s IT SectorNavicosoft is shaping the better future of Pakistanis in various ways and offering locals more ways to expand their businesses. 

While the web hosting services, such as VPS Pakistan and RDP Pakistan are playing their role in making them accessible online for audiences and customers. Navicosoft is also helping local businesses get global visibility with its digital marketing services for sectors like healthcare, e-commerce, and automotive. 

Media Contact

Organization: Navicosoft

Contact Person: Asif Munir

Website: https://www.navicosoft.com/

Email: Send Email

Contact Number: +923000341252

Address: 1st Floor, Emporium Center, PAF Falcon Complex Gulberg 3, Lahore, Punjab

Address 2: Level 23, Tower 5/727 Collins St, Docklands VIC 3008

City: Lahore

State: Punjab

Country: Pakistan

Release Id: 07012522326

The post Navicosoft Pakistan’s Leading Hub for Web Services 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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Press Release

PeanutUnbound Unveils $PUBD to Redefine Ethereum’s Future with Layer 2 Solutions

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Singapore, 7th January 2025, ZEX PR WIRE, PeanutUnbound ($PUBD) proudly announces the launch of its innovative Layer 2 solution designed to revolutionize Ethereum’s ecosystem. 

Combining cutting-edge technology, community-driven initiatives, and a vibrant vision, PeanutUnbound seeks to overcome the limitations of Layer 1 networks. With blazing transaction speeds, low fees, and a robust ecosystem, $PUBD marks a new chapter in Ethereum’s evolution.  

Revolutionizing Ethereum: $PUBD’s Ecosystem and Tokenomics  

PeanutUnbound’s ecosystem is built on four main pillars: 

  • DEX: A decentralized exchange for seamless and fast token trading.  
  • Bridge: A secure solution for instant bridging between Ethereum and the PeanutUnbound chain.  
  • Block Explorer: A dedicated tool for tracking transactions with full transparency.  
  • Staking: A rewarding system for users to grow their assets with lifetime staking benefits.  

The project’s Layer 2 blockchain offers 100x faster transaction speeds than Ethereum, drastically reduced fees, and unparalleled scalability. This unique ecosystem empowers users to trade, bridge, stake, and more—making blockchain technology accessible and efficient for all. 

PeanutUnbound’s tokenomics scheme supports the platform’s vibrant growth. In fact, the $PUBD’s total supply (1 billion tokens) will follow a clear distribution plan:

  • 49.5% allocated for the presale, now live.  
  • 30% reserved for staking rewards, with double the benefits on Layer 2.  
  • The remaining tokens are allocated for liquidity, team initiatives, and chain inventory to ensure stability and innovation.  

The presale phase is ongoing, presenting early adopters with the opportunity to join and benefit from $PUBD’s long-term potential.  

The Project’s Community Importance and the Team’s Future Plans  

PeanutUnbound thrives on a community-first approach, inviting users to actively participate in its growth:  

  • Referral Rewards: Invite friends to join and earn 5% $PUBD cashback** with every referral.  
  • Pump Pad: A two-click meme coin launcher enabling anyone to create tokens on the ETH network without coding. Featuring anti-rug security and fair launches, Pump Pad ensures a safe and engaging experience for creators and investors alike.  

The project’s focus on its community is also evident in PeanutUnbound’s roadmap, which reflects the team’s bold vision:  

  • Phase 1: Establish PeanutUnbound as a legendary Layer 2 solution with exciting rewards for participants.  
  • Phase 2: Deliver double staking rewards during the presale, attracting widespread attention and engagement.  
  • Phase 3: Launch the full PeanutUnbound Layer 2 blockchain, setting a new benchmark in decentralized technology.    

About PeanutUnbound  

PeanutUnbound is a visionary Layer 2 solution redefining blockchain efficiency and scalability. Once trapped in a Layer 1 ecosystem, Peanut’s transformation into the “Heavenly Dev” began a mission to fix Ethereum’s inefficiencies. PeanutUnbound delivers:  

  • Instant bridging between Ethereum and the PeanutUnbound chain.  
  • 100x faster transaction speeds than Ethereum. 
  • Lowest transaction fees for seamless user experiences. 
  • A dedicated block explorer for transparency and trust.  

At its core, PeanutUnbound empowers users with lifetime staking rewards, a robust ecosystem, and more. PeanutUnbound isn’t just a Layer 2 solution—it’s a movement reshaping the future of Ethereum. 

The project has successfully passed a full smart contract audit performed by SolidProof. This is another hint to the team’s dedication to delivering a secure and transparent platform. 

Anyone wishing to know more about PeanutUnbound will find additional information on the project’s official website and on the whitepaper. The social media pages below can help Web3 fans stay connected to the latest updates coming from this team.

X (Twitter) | Telegram | YouTube

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Press Release

From Exploit to Excellence: How SOLDOLLAR ($SOLD) is Redefining Meme Coins

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Houston, Tx, USA, 7th January 2025, ZEX PR WIRE, SOLDOLLAR ($SOLD) is proud to announce the successful completion of a full audit and KYC verification. This marks a significant milestone in its commitment to transparency, security, and long-term growth. 

The smart contract of the project was built with integrity in mind. The successful audit is an essential step for every Web3 project looking to launch a native token.

Moreover, the SOLDOLLAR team has passed full KYC verification via SolidProof. The step proves that the founders are responsible and the project is viable. SOLDOLLAR the peculiarities of a meme coin and features of traditional currency in a pioneering manner.

Changing Meme Coins with Stability and Rewards  

SOLDOLLAR brings together a rewarding experience, rewards, and a community-driven meme coin. Having started the journey with only 3 SOL, this project has truly been one that can bear any storm. In fact, the team survived the Pump.fun infamous exploit and completed a full audit and KYC verification to boot for more security.

Among the key features of SOLDOLLAR is its commitment to value and scarcity. To date, over 740 million tokens have been burned, greatly reducing supply and increasing the theoretical value of the token. 

Moreover, there is a lock of 60 million $SOLD tokens for staking until the milestone of $1 is reached. This is a gesture from the founders to ensure long-term and sustainable growth.

Another thing that makes SOLDOLLAR unique is the staking mechanism. From crypto enthusiast to pragmatic investor, these pools go from 3 to 12 months with up to 10% compounding interest. Interest rewards from pre-staking are covered by the community wallet, building a mutually beneficial ecosystem.

Last but not least, the project locked away 45.97% of the tokens for one year utilizing Jupiter’s Lock. This is another move that shows the team’s strong commitment to stability and trust.

Looking Ahead: Tokenomics and Future Plans

SOLDOLLAR’s tokenomics has been crafted to be more understandable, transparent, and innovative. The supply of the token stands capped at 278,950,808 coins with a distribution policy that will benefit all its stakeholders.

The majority of the tokens are locked on Jupiter, with 60M for staking and 66.7M for the community. This is a very good option for providing stability and safety for the stakers and community contributors. Another 12M tokens are reserved for liquidity purposes, ensuring smooth trading and market stability.

As for the remaining tokens in circulation, they will act as the medium of exchange on the SOLDOLLAR platform.

In the wake of that, the SOLDOLLAR roadmap is focused on four important stages:

  • Phase 1 (“Development and Launch”): This phase includes smart contract development for staking provided by StreamFlow Finance. It also features the launch of SOLDOLLAR on the Solana blockchain.
  • Phase 2 (“Community Building”): Here, SOLDOLLAR will communicate its ideas in front of its community on social media and with the help of events. Additionally, the marketing activities would be run in order to widely promote the project.
  • Phase 3 (“Expansion”): SOLDOLLAR will partner with various services and merchants to accept $SOLD as a means of payment. The token will also integrate with major wallets and exchanges.
  • Phase 4 (“Continuous Improvement”): Long-term holders using responsible trading will be eligible for airdrops. Also, the staking options and reward mechanisms will be further extended.

About SOLDOLLAR 

SOLDOLLAR is a project created to bring back the fun and excitement in trading meme coins. For Web3 fans tired of rug pulls, SOLDOLLAR promises a stable and fun digital environment. 

The team chose to lock away 60 million tokens for staking until the $1 target is reached. The staking options range from 3 months and upwards, beyond 12 months, giving interest in return. This will help with cash flow management, minimize risk exposure, and ultimately keep the peg to the US dollar or above. 

SOLDOLLAR was created to make a fun project that lasts and is beneficial for all holders.

For anyone interested in SOLDOLLAR, its origin, mission, and tokenomics, the project’s official website is a great place to start. Find all the latest news and updates about SOLDOLLAR from the social links listed below. 

X (Twitter) | Telegram | Portal

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