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Binance’s Malta，Hoo’s Dubai

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3 years ago

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October 17-20,” Future Blockchain Summit 2021” will be held in Dubai World Trade Center. The world’s top blockchain companies including IBM, Google, Binance, etc. will gather here to showcase the world’s most innovative blockchain achievements. As the gold sponsor of this conference, Hoo Global will also make a high-profile debut at the conference, and officially start a global layout with Dubai as the radiant point.

It is understood that, in addition to Hoo Global, the head digital asset trading platforms such as Huobi and Binance have also laid out in Dubai, the “global blockchain center”. Dubai, which once relied on oil to rise, has now become the first choice for entrepreneurs in the crypto industry. This is not only due to the Dubai government’s policy support for the encryption industry but also due to Dubai’s unique geographical environment.

Follow Hoo Global’s viewpoint with Dubai as its radiant point, and explore the offensive and defensive of Hoo Global’s global layout.

 Binance’s Malta, the rising blockchain island

Similar to Dubai’s “friendly policy”, Malta was also the “Island of Blockchain” in three years ago. In March 2018, the Japanese Financial Services Agency (FSA) issued a warning to Binance, stating that Binance is not registered in Japan and that it may cause losses to Japanese investors. If Binance does not end its business in Japan, the Financial Services Agency of Japan will initiate criminal proceedings.

At that time, Binance had just been established for one year, staying in Japan for only three months and then Japan’s Financial Services Agency issued the “Expulsion Order”, and they are looking for a more friendly regulatory environment around the world. At that time, Maltese Prime Minister Joseph Muscat give a change to Binance. Joseph Muscat said on Twitter that “Welcome Binance to Malta and it will create the most suitable habitat for the world’s leading financial companies. “Subsequently, Binance confirmed that it would move its headquarters to Malta, which has always been more friendly to cryptocurrency businesses and investors and began to develop its blockchain business in compliance around the world.

Since then, Binance has developed by leaps and bounds, and the Binance ecosystem has also exploded, becoming the world’s top digital asset trading platform. After nearly three years of precipitation, the Binance platform token BNB rose from the lowest point of $0.03981770 to the highest point of $686.31, the increase was as high as 1,715,675%. At present, the market value of BNB is as high as $75,318,143,309, and the 24 hours trading volume can reach $3,053,099,755.

Hoo Global‘s Dubai     Blockchain New Hope Capital

Binance’s Malta, Hoo’s Dubai, both are important turning points in the growth trajectory.

In September this year, Hoo Global was invited by the Dubai Royal Family to establish a global operations center in Dubai, committed to taking Dubai as a bridgehead radiating the UAE and connecting the Middle East, and use blockchain technology and resources to empower the local blockchain industry and entity industries. Compared with the 2018 Binance’s Malta, Dubai now has a clearer plan for the blockchain industry.

In April 2018, the UAE government launched the UAE Blockchain Strategy 2021, also specifying the plan to transform Dubai into the world’s first city fully powered by blockchain technology – the “Dubai Blockchain Strategy”. According to Marwan Alzarouni, CEO of Dubai Blockchain Center, “The UAE, and Dubai in particular, has always been forward-looking and fast-moving when it comes to any future technology, and crypto-assets and blockchain are no exception.”

In 2020, the Dubai Securities and Commodities Authority (SCA) issued relevant policies, which is“Decision No. (23/RM) of 2020 of the Chairman of the Board of Directors of the Authority on the regulation of crypto-asset activities“. To offer crypto assets (or any related services) in Dubai, there are two requirements: 1) the provider must be incorporated within the UAE or any financial free zone in the UAE; and 2) the provider must be licensed by the SCA. Also, the applicant must demonstrate that they will strictly comply with the UAE’s anti-money laundering and counter-terrorism financing laws, cyber security compliance standards and data protection regulations.

On September 22 this year, the UAE Securities and Commodities Authority (SCA) and the Dubai World Trade Center Authority (DWTCA) signed an agreement to support crypto-asset transactions and related financial activities in the Dubai Free Trade Zone, allowing DWTCA to issue approvals and licenses for crypto asset related financial activities in the Dubai World Trade Free Zone. SCA supervises entities engaged in encryption services in the free zone, such as issuance, listing, trading, and licensing processes. Helal Saeed Almarri, Director General of DWTCA, said: “Through this agreement, Dubai will expand its support for blockchain and encryption technology-based investments and startups in the free zone.

The steps taken by Dubai to promote the development of the blockchain industry are becoming clearer and clearer. The invitation of the Dubai Royal Family to Hoo Global is also a powerful move to fully promote the development of the blockchain industry.

Comprehensive Product Upgrade    Hoo’s Global Ambitions

Dubai’s policy coincides with Hoo’s global layout. Now Hoo Global, which has settled in Dubai, is ready for a global layout. Compared with Binance, which settled in Malta in 2018, Hoo Global has already made a comprehensive improvement in products and ecology. Hoo Global was established in 2018, and after more than 3 years of development, relying on the application innovation of blockchain technology and underlying infrastructure, Hoo Global has become a globally innovative and competitive digital asset trading platform that includes Hoo International Station (Hoo.com), Hoo Smart Chain, Hoo Custody, Hoo Research, Hoo University, Hoo Cub fund, Hoo Labs, HooSwap, HooPool and other segments.

At present, the average daily spot volume of Hoo Globall has increased from $80 million to approximately $900 million. The liquidity level is in the top 75% of all exchange statistics on CoinGecko, and the trading volume level is in the top 95%; The average daily trading volume of futures increased to approximately $12 billion. The daily average number of active users exceeds 80,000, and the number of registered users exceeds 2.4 million, covering 120 countries and regions around the world. The market value of HOO is $33,294,384, and the 24 hours trading volume can reach $2,077,978.

In order to better promote the layout of globalization, this September Hoo Global has carried out VIP upgrade in response to the needs of international users, including the base rate reduced to the lowest 0.1%, VIP level rights and benefits linked to HOO, pulling new rebate strength up to 40%, etc. At the same time, recently, Hoo Global will support HOO as a pledged asset in Hoo Collateral Loan, users can transfer HOO to “wallet balance” as a pledge lending deposit for subsequent lending operations, the current HOO pledge rate is 55%, etc. Through these drastic reforms, Hoo Global is gradually improving its products to meet the different needs of users and laying a solid foundation for global compliance development.

Summarize

2021 is the year of Hoo’s compliance and settlement in Dubai is a new starting point for Hoo Global. The pace of globalization will continue to drive Hoo Global to grow into the next giant.

About Author

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

5G-A Empowering, AI Transforming, Digital Living: UniCom Showcases Digital Innovations at MWC 2025

Published

16 hours ago

on

March 9, 2025

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On March 3, 2025, at MWC 2025, UniCom presented its latest digital intelligence innovations under the theme “5G-A Empowering, AI Transforming, Digital Living”, showcasing a powerful vision for the future of connectivity. The company highlighted advancements in AI capabilities and applications, innovations in network technology that embrace open capabilities, and the extension of these open capabilities to facilitate global digitalization, demonstrating everything from blazing-fast 10Gbps+ 5G-A speeds to the transformative potential of AI-powered networks and satellite connectivity.

UniCom’s UniAI “1+1+M” Large Language Models (LLMs) System and trusted data resource space took center stage. With its extensive model library, robust intelligent toolkit, and thriving native application store, it provides unparalleled intelligent services for sectors ranging from public services and healthcare to education and cultural heritage.

Based on the “AI Family Cloud” smart home platform, UniCom highlighted three key products: the UniCom Cloud Smart Phone, which integrates leading AI models like UniAI and DeepSeek, combining AI, entertainment, and gaming ecosystems catering to personal and family needs; the UniCom Home Security service, offering AI-powered features like intelligent alerts and customer flow statistics to provide comprehensive security across homes, businesses, cities, and rural areas; and the UniCom Cloud Drive, which redefines digital asset management with AI capabilities such as AI photo editing, old photo restoration, and group photo search.

UniCom is developing “Tone,” an intelligent digital assistant built on its AI service platform. It will provide users a seamless experience across various devices, from smart TVs to smartphones.

Leveraging the UniAI Cultural and Creative LLM, UniCom showcased two key offerings at MWC Barcelona: the “Smart Clothing Cultural and Creative Interactive Experience Platform” and the “Cloud Exhibition of Chinese Civilization,” co-developed with the National Museum of China. The latter featured a virtual tour guided by the digital docent, AI Wenwen, offering visitors an immersive journey through Chinese history and culture.

In the transportation and low-altitude economy sectors, UniCom’s 5G+AI Smart Travel Service System, based on a collaborative “people, vehicle, road, network, edge, cloud” architecture, enables intelligent ride-hailing, driving, and parking, enhancing the user travel experience. UniCom also highlighted its globally pioneering 5G panoramic remote-control drone, offering immersive perception, real-time control, and user-friendly operation, alongside its compact Leading Navigator phased array satellite antenna and Low-Altitude Security Supervision Platform.

For the smart home, UniCom presented its upgraded Hi-CON communication system, which deeply integrates optical access networks with Wi-Fi to improve home network performance and user experience significantly, catering to demands for high-speed, stable, and intelligent connectivity.

At MWC, UniCom partnered with GSMA and other collaborators to launch the global “AI+5G-A+eSIM” All-Time-Space Connectivity Industry Alliance. This alliance aims to foster an open collaborative ecosystem, providing all-time connectivity services and channel support for a wide range of AI-powered devices.

UniCom supports over 150 eSIM-enabled products. By harnessing eSIM’s technical advantages—compact size, waterproof design, and over-the-air provisioning—UniCom and its partners deliver secure and convenient eSIM services.

The AI All-Time-Space Connectivity Terminal showcased three proprietary AI-powered smart terminals: AI Tone, AI eSIM tablet, and VS057 smart router. Also on display were partner devices from the “AI+5G-A+eSIM” alliance. Powered by UniCom’s UniAI LLMs System, these devices cater to smart office, home, and health applications, addressing core family needs with a user-friendly experience.

In collaboration with GSMA, UniCom showcased its progress with Open Gateway. It has opened over 90 network APIs across six categories, including anti-fraud and location services, enabling applications like cross-border connectivity and live streaming. UniCom has built a collaborative ecosystem with over 40 global partners.

Building on the world’s first and largest 5G Standalone (SA) co-construction and sharing network, UniCom has achieved a nearly tenfold increase in 5G application connectivity. Utilizing a centralized “platform+ application” approach, UniCom is streamlining network operations, and empowering over 120 intelligent scenarios.

UniCom is accelerating its 5G-A deployment and spearheading its 5G-A integration into industrial applications, particularly manufacturing, its targets is over 10,000 commercial 5G factories by 2025.

Contributing to the “Internet 2030 Innovation Cooperation Program,” UniCom demonstrated breakthroughs like AI large model compute-storage separation and long-distance Remote Direct Memory Access (RDMA) lossless transmission.

 

The Global Digitalization Zone showcased UniCom’s latest achievements and service capabilities across the globe.

UniCom’s international network layout, characterized by “east-west mutual support, north-south mutual backup, land-sea coordination, and robust connectivity,” functions like a global information superhighway. It breaks down geographical barriers with its high-quality, low-latency connectivity capabilities. The UniCom Intelligent · Cloud Data Center interconnects with the resource pools of more than 50 global cloud providers, delivering high-quality computing power networks, data center services, and integrated cloud-edge solutions. This empowers global enterprises with seamless cloud collaboration.

A digital smart park demonstrated digital solutions across various scenarios, from AI-managed traffic flow to meeting room networks. Intelligent warehouse robots, using high-precision algorithms, achieve a picking error rate of 0.1%, enhancing logistics efficiency. At a 5G fully connected factory in Thailand, UniCom’s 5G private network enables millisecond-level data exchange across 5,000 devices, slashing fault response to seconds and elevating intelligent manufacturing.

 

At MWC Barcelona 2025, UniCom showcased its digital innovation prowess. Under digital civilization, UniCom will collaborate with global partners via an open ecosystem and cutting-edge technologies to shape the future of an intelligent world.

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Downgrading Sage 50 Quantum a strategic decision for businesses looking to cut costs or simplify accounting operations

Published

23 hours ago

on

March 8, 2025

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Brandon, MB, 8th March 2025, ZEX PR WIRE, Sage 50 Quantum is a robust accounting software designed for medium to large-sized businesses, offering advanced features like customizable reporting, advanced inventory management, and multi-user access. However, there may be times when a business decides to downgrade to a lower-tier version of Sage 50 due to budget constraints, business needs, or software complexity.

Sage 50 Quantum comes with a higher price tag due to its advanced features and capabilities. Small businesses or businesses with fewer users might find it more cost-effective to downgrade to a version like Sage 50 Premium or Sage 50 Pro. As businesses grow, their accounting needs may change. Some companies may no longer require the extensive features of Sage 50 Quantum, making a downgrade to a simpler version more appropriate for their current needs.

With a simpler version, businesses can reduce unnecessary complexity and streamline operations, making it easier for smaller teams to manage accounting tasks.

Evaluate Business Needs: Before proceeding with a downgrade, assess whether the features offered in a lower-tier version meet your business’s needs. Ensure that you won’t lose important functionalities like multi-user support or advanced reporting.

It’s crucial to back up all your data before initiating a downgrade. This ensures that you won’t lose any critical financial information in the process. Select the version that best suits your needs. Sage 50 Premium offers a balance of advanced features and user access, while Sage 50 Pro may be more suitable for smaller businesses with simpler accounting needs.

When downgrading, some advanced features and customizations might not be compatible with the lower-tier version. It’s important to carefully transfer your data, adjusting for any limitations that come with the downgrade.

Once the downgrade is complete, thoroughly test the software to ensure everything is functioning properly. Check reports, transactions, and integrations to ensure the new version meets your expectations.

A Sage 50 Quantum downgrade can be a strategic decision for businesses looking to cut costs or simplify their accounting operations. However, it’s important to carefully evaluate your needs, back up your data, and choose the appropriate version to ensure a smooth transition. By understanding the limitations and benefits of the downgrade process, businesses can continue to manage their finances effectively without sacrificing essential features.

Visit https://e-tech.ca/Sage-50-Quantum-Downgrade-Service.aspx for more information.

About E-Tech

E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.

We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

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Cloud PR Wire

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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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Press Release

Transitioning from Sage 50 US to QuickBooks: A Guide

Published

23 hours ago

on

March 8, 2025

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Brandon, MB, 8th March 2025, ZEX PR WIRE, For businesses looking to switch accounting software, migrating from Sage 50 US to QuickBooks is a popular choice. Both are powerful accounting tools, but QuickBooks offers a more user-friendly interface, enhanced customer support, and a wide range of features suitable for growing businesses. 

QuickBooks is known for its intuitive design and ease of use. For small and medium-sized businesses, it offers a more straightforward setup and operation compared to Sage 50, which can be more complex.

QuickBooks offers both desktop and cloud-based versions. The cloud version allows for real-time data access, automatic backups, and seamless collaboration between teams, which can be a huge advantage over Sage 50’s more traditional, desktop-only setup.

QuickBooks provides advanced reporting tools that are easy to use, enabling businesses to gain better insights into their financial performance. This is particularly beneficial for businesses that need accurate and real-time data for decision-making.

As your needs evolve, you can upgrade to more advanced versions to handle increasing complexities.

Before making the transition, assess the data you need to transfer. This includes accounts, customers, vendors, transactions, and other financial details. Ensure that your Sage 50 data is clean and up to date to minimize complications during migration. QuickBooks offers several versions—QuickBooks Online, QuickBooks Desktop, and QuickBooks Enterprise. Choose the version that best fits your business size and needs.

QuickBooks provides a Sage 50 to QuickBooks conversion tool to help with the transfer process. These tools can simplify the migration by automating the import of accounts, customers, and financial data from Sage 50 to QuickBooks.

After the migration, carefully check your data to ensure it has been imported correctly. Reconcile accounts to make sure balances match between Sage 50 and QuickBooks. QuickBooks has a different interface and workflows compared to Sage 50. Make sure your team is trained on the new system to ensure a smooth transition and continued productivity.

Migrating from Sage 50 US to QuickBooks can streamline your accounting processes and offer more flexibility as your business grows. By evaluating your needs, selecting the right version of QuickBooks, and utilizing migration tools, you can make the transition more efficient and less stressful. With the right planning, the switch can enhance your business’s financial management, improving both operational efficiency and decision-making.

About E-Tech

E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.

We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

About Author

Cloud PR Wire

See author's posts

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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