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Softbank Asia invests in CNT project, enabling “carbon neutralization”

Published

3 years ago

on

Softbank Asia recently launched a special investment fund of US $10 million to officially invest in CNT projects, boost CNT global carbon neutralization plan, giving full play to the function of carbon emission trading market, using blockchain technology to solve basic problems in carbon emission trading market and optimize carbon emission trading market. 

The CNT Foundation is building Carbon Trading Agreement — a public blockchain system based on Carbon Neutrality for Carbon emissions Trading. CNT Foundation believes that blockchain technology can better solve the basic contradiction in the carbon emission market. Similarly, carbon emission trading and carbon offset can alleviate the negative problems brought to the external environment by the blockchain PoW consensus mechanism. The successful application of blockchain in anti-counterfeiting traceability and supply chain management has fully demonstrated the technology’s powerful ability to communicate point, line and surface and maintain information integrity. 

Since the mid – 19th century, such activities have been the main cause of global warming. According to the current trend, even if countries actually implement the carbon emission reduction promised in the Paris Agreement, by 2100, the concentration of carbon dioxide will still exceed 580ppm, which is more than twice the  concentration at the beginning of the industry. In order to mitigate the impact of global warming and climate change, we must significantly reduce the emission of carbon dioxide. 

CNT’s commitment to a more open and transparent decentralized carbon market will help promote climate action globally and be more in line with the “bottom-up” climate governance spirit of the Paris Agreement. Carbon market data is stored synchronously by multiple nodes, and the process of carbon trading is decentralized, enabling faster participation in the new carbon sink market. Carbon sinks and chain assets, carbon trading and carbon neutral data flow can check at any time, improve the credibility, the most critical of the carbon market information transparency and double calculation problem will be solved, in the international and interregional carbon market, improve the content of authenticity, can attract more enterprises and organizations to participate in, Expanding the scope of participation in global carbon neutralization.  

“Carbon neutralization” – a rare global consensus and unified action. The data show that more than 120 countries and two-thirds of the economies have joined the great transformation of “carbon neutralization”, and the blockchain industry is also in the “carbon” storm. It is estimated that by 2030, the cumulative trading volume of carbon emissions may exceed 100 billion yuan, and the market scale of blockchain technology in global carbon trading will usher in a breakthrough of US $trillion. Therefore, every move of the blockchain industry has become the focus of carbon neutralization action. 

One of the significant changes that CNT’s blockchain data mechanism can bring is consistency and transparency, which can help global enterprises break through information barriers and make up for information defects on key issues; The second is high data privacy, which can solve the contradiction between business information confidentiality and environmental information disclosure, flexibly adapt to the disclosure strategy of key issues, and avoid risks under the regulatory system composed of government departments, financial institutions and third-party audit. 

For a long time, the consensus mechanism of blockchain as proof of equity (PoW) has been criticized. The problems of huge energy consumption and carbon emissions have been gradually recognized, and new ideas of technology have emerged one after another. (previously, the new CNT technology has been able to solve the problem of energy consumption in the form of data verification and recording between nodes, so that people need to enter carbon offset while networking the blockchain. The whole blockchain network achieves carbon neutralization and meets the requirements of environmental protection. 

The production and management data can not be tampered with after being linked, the time is accurate and the operator is accurate. On the one hand, data on the chain can help enterprises improve overall efficiency and resource utilization, control low-carbon or zero carbon production costs, transform and upgrade processes and technologies, form new market competitiveness under the goal of carbon neutralization, and build a low-carbon raw material supplier system; On the other hand, it can help enterprises achieve carbon accounting in line with standards and norms, so as to promote scientific emission reduction targets, implement energy conservation and emission reduction actions, and realize carbon leap. 

Softbank ventures Asia has managed more than US $1 billion. In recent years, Softbank Asia has focused on promoting carbon neutralization as a long-term undertaking. Encourage enterprises to strengthen technological R&D and innovation through investment, and take carbon neutralization as an opportunity to accelerate the transformation of low-carbon technologies. Softbank Asia responds to the global call for low-carbon, contributes to sustainable development, actively performs social responsibilities, and promotes the economic and social development in the direction of low-carbon, green and recycling through the combination with the blockchain industry. 

Softbank Asia, together with CNT, combines blockchain technology with the carbon market, constantly explores the potential of programmable carbon sink, improves the response of carbon sink assets in similar activities, increases the awareness of enterprise carbon emission reduction, and promotes the realization of carbon neutrality in enterprise business activities. Improve the adaptability of society to climate change, mitigate the impact of global warming, mobilize more people to actively participate in global carbon emission reduction, and assume the industrial responsibility of protecting the green earth.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Spread Joy this Holiday Season with PQ.Hosting: Join Our Charity Campaign and Win a MacBook Air!

Published

10 hours ago

on

December 24, 2024

By

Chisinau, Moldova —

PQ.Hosting, a global leader in high performance hosting solutions, is pleased to announce a special charity campaign. This initiative supports orphanages and offers participants the chance to win incredible prizes, including a MacBook Air 13.

The holiday season is time for family, festivities and heartfelt wishes. However, for many children in orphanages, these cherished traditions can feel out of reach. PQ.Hosting has long supported orphanages and is now calling on its clients to join this meaningful cause. Together with our clients, we can bring holiday magic to children in need.

How to Participate in the Charity Campaign?

Joining the campaign is simple and rewarding:

  • Order or Extend a Hosting Plan: PQ.Hosting will donate 10% of clients payments to orphanages
  • Enter the Prize Giveaway: Follow four easy steps to qualify for amazing prizes.

Join the Celebration: Win Exciting Prizes with PQ.Hosting

This holiday season, PQ.Hosting offers clients an opportunity to win amazing prizes, including:

  • iPhone 16 Pro Max
  • 3 Gaming Accessories Sets
  • €50 Account Balance
  • Gaming Chair
  • Smart Speaker
  • 1 Year of Free VPS Hosting
  • 3 Months of Dedicated Server Usage
  • 1-Year VPN Subscription
  • Exclusive PQ.Hosting Merch
  • 10 Telegram Premium Subscriptions for 1 Year
  • Grand Prize: MacBook Air 13

Visit our website for more details!

Key Dates

Campaign Period: From 18th December 2024 to 29th December 2024 (11:59 PM UTC+3).

Winners Announcemeign is our way of ending the year on a heartfelt and impactful note,” said Ivan Neculiti, CEO of PQ.Hosting. “We invite everyone to join us in spreading joy and embracing the true essence of the holiday season.”

Media Contact

Organization: PQ.Hosting

Contact Person: Stella

Website: https://pq.hosting/en/

Email: social@pq.hosting

About PQ.Hosting

Founded in 2019, PQ.Hosting has earned a reputation for delivering high-performance VPS/VDS, dedicated servers, VPN, proxy and SSL certificates to over 150,000 clients worldwide. With a network spanning 42 countries and speeds up to 10 Gbps, PQ.Hosting continues to set industry benchmarks for speed, reliability and customer service.

Don’t miss this chance to make a difference and win amazing prizes. Together let’s make this holiday season unforgettable!

nt: 30th December 2024 during a live broadcast on our YouTube Channel.

Together We Can Create Holiday Magic

“Our 2024 journey has been extraordinary, with milestones that reflect growth and success. This campaign

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Press Release

Vietnam Set to Welcome Nearly 16 Million International Tourists by End of 2024

Published

12 hours ago

on

December 24, 2024

By

Vietnam’s tourism sector is on track for a remarkable year, with nearly 16 million international visitors expected by the end of 2024, marking a significant rebound and growth in the industry.

According to the latest data from the Vietnam National Administration of Tourism, the total number of international arrivals reached approximately 15.84 million during the first eleven months of 2024, reflecting a 41% increase compared to the previous year. In November alone, Vietnam welcomed 1.71 million international tourists, a 20.5% rise from October and a staggering 38.8% increase from November 2023.

Market Growth and Major Source Markets

The growth in international visitors has been predominantly driven by travelers from Asia, who account for nearly 80% of all arrivals. Major source markets include South Korea, China, Taiwan, Japan, the United States, India, Malaysia, Cambodia, Australia, and Thailand. Notably, South Korea leads the way with over 4.13 million visitors, marking a 128.3% increase compared to the previous year, while China follows closely with 3.3 million visitors, a significant 222% rise.

European markets are also contributing to this growth, with the United Kingdom being the top source, sending over 279,000 tourists, followed by France, Germany, and Russia.

Mr. Phan Trong Thang, Director of Metta Voyage, commented, “Vietnam is on the rise, being chosen in the region for its freshness compared to Thailand, Indonesia or Singapore, its diverse and affordable cuisine, and the many newly opened direct flights at reasonable costs.”

Positive Trends Across Various Markets

Several countries have seen remarkable increases in visitor numbers compared to the previous month, including Poland (up 238%), Italy (up 88%), and Norway (up 66%). This upward trajectory highlights Vietnam’s increasing appeal as a tourist destination.

Mr. Nguyen Cuong Bach, Deputy Director of Metta Voyage, added, “High-end travelers are choosing Vietnam tour packages for its diverse experiences from North to South, the availability of new premium products, and the dedicated service of the Vietnamese people.”

Diverse Tourist Arrivals

Arrivals via air travel remain the most popular, with over 1.4 million international guests flying into the country. This trend underscores the importance of enhancing air connectivity to sustain growth in Vietnam tourism.

Conclusion

With a predicted total of 17 to 18 million international visitors by the end of 2024, Vietnam’s tourism industry is poised for a successful year. The country’s rich cultural heritage, stunning landscapes, and diverse experiences continue to attract travelers from around the globe.

Company Name: Metta Voyage Co., Ltd

Content Person: Nguyen Cuong Bach 

Contact Email: bach@mettavoyage.com

City: Hanoi

State: Hanoi, Vietnam

Website is: https://mettavoyage.com

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Press Release

ReelDAO Joins NVIDIA Developer Program: Revolutionizing the Short Film Industry with AI and Blockchain

Published

13 hours ago

on

December 24, 2024

By

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ReelDAO, a pioneering decentralized platform dedicated to transforming the short film industry, has officially joined the NVIDIA Developer Program. This collaboration marks a significant step in ReelDAO’s mission to harness generative AI and blockchain technologies, empowering creators and reshaping content creation and distribution worldwide.

“We are thrilled to join the NVIDIA Developer Program,” said the founder of ReelDAO. “This partnership will accelerate our technological innovation, particularly in AI-powered creation tools and Web3 decentralization.”

Empowering Short Film Creation with AI

ReelDAO’s proprietary VisionaryAI engine, enhanced by NVIDIA’s technological support, is poised to redefine the industry:

  • Intelligent Scriptwriting: Leveraging NVIDIA AI for seamless narrative construction.
  • Dynamic Video Production: Accelerating rendering speeds and improving visual quality with GPU-optimized tools.
  • Real-Time Effects: Delivering Hollywood-level special effects to independent creators at reduced costs.

Blockchain and AI Synergy

As the first Web3-powered short film platform, ReelDAO integrates blockchain technology to decentralize content creation, distribution, and revenue management. With NVIDIA’s support, ReelDAO is enhancing smart contract optimization and distributed computing, further solidifying its industry leadership.

Through the native RDO token, creators can access AI tools, participate in governance through voting, and enjoy equitable revenue sharing, fostering a community-driven ecosystem.

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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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