Press Release

CNT uses blockchain technology to help “carbon neutralization”

Published

3 years ago

September 29, 2021

At a critical moment when environmental problems are increasingly affecting human survival, the world recognizes that achieving “carbon neutralization” is a necessary stage to slow down global warming. Statistics show that more than 120 countries and two-thirds of the economies have joined the great transformation of “carbon neutrality”.

At present, carbon emission trading is considered as an effective tool to deal with climate change with the market mechanism. Through the carbon dioxide emission quota of the main greenhouse gas, government departments can control the total amount of carbon emission quota, so that the emission control enterprises incorporated into the market are limited by the carbon emission quota, and then through the introduction of the trading mechanism, the optimal allocation of resources can be achieved. Therefore, many countries have initiated the eco chain alliance to focus on the application of blockchain in key application scenarios such as carbon trading ecological network. It can be said that blockchain technology has great application value in helping to achieve the goal of carbon neutralization in the future.

CNT foundation is establishing carbon trading agreement, a public blockchain system focusing on carbon neutrality and carbon emissions trading. CNT Foundation believes that blockchain technology can better solve the basic contradictions 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.

Through blockchain technology, CNT can establish a traceability application covering the whole supply chain and fully evaluate the carbon footprint of suppliers, so as to judge whether it can be incorporated into its own supply chain system. Enterprises in the supply chain can also collect and analyze their carbon emission performance through traceability data to reduce carbon emission, improve energy efficiency and optimize business to achieve carbon neutralization.

The application of blockchain traceability can also improve the transparency of industrial chain and supply chain. With transparent and reliable data, enterprises can make effective carbon disclosure and formulate corresponding carbon compensation schemes, so as to realize the real carbon neutral supply chain and negative carbon supply chain.

Using blockchain and privacy computing technology, information can be verified but invisible. Through the private key signature authorization of the data owner, the data access right can be temporarily opened to specific potential partners, upstream and downstream enterprises and third-party regulators to verify carbon emission related data. All quantifiable carbon emission data can be shared safely in this way.

Once the concerns about enterprise data security are eliminated, carbon emission data can be circulated and shared at the industrial level, and the value of data can be truly unlocked. This will advance the process of achieving the goal of carbon neutrality.

If we want to reduce greenhouse emissions to avoid two degrees of temperature rise and even worse climate change, we need to make fundamental technological innovation. Although emission trading markets are potential solutions, they must be improved in order to achieve a certain degree of meaningful emission reduction in market efficiency and scale. Although blockchain technology can theoretically improve these markets, suitable networks that can promote this market transformation have not been developed. In addition, the blockchain network (the most popular blockchain in the past) does not have a design to reduce the impact on the environment. Therefore, in the spirit of decentralization and sustainability, carbon trading agreement has developed into a blockchain carbon sink trading network with carbon neutralization as the core.

By enabling the carbon trading agreement, the customers on the network will contribute to their carbon neutralization through their transaction fees. The transaction fees are concentrated to purchase real and verifiable carbon sink assets, and then offset the carbon trace of the carbon trading agreement, so as to ensure their de neutralization, carbon trading, carbon neutralization and carbon asset storage. The process is transparent and supervised by various stakeholders in community governance, including CNT holders, verifier nodes and elected committee members, who are encouraged to maintain the security and reliability of the network.

Realizing “carbon neutralization” is one of the major trends in the future. As a new generation of subversive core technology after steam engine, power and Internet, blockchain’s unique personality will play a key role in the carbon trading market. Through the application of blockchain technology, the scale of the global carbon trading market may exceed trillion dollars in the near future. It can be said that there is still a lot of room for development.

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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

Hola Prime Establishes Industry’s First Dedicated Risk Compliance Team

Published

3 hours ago

December 30, 2024

Cloud PR Wire

New York, NY – 30/12/2024 – (SeaPRwire) – Hola Prime is proud to announce that they have established the industry’s first dedicated risk compliance team. In an industry often scrutinized for its lack of oversight, Hola Prime is setting new benchmarks for fair, compliant, and secure trading environments. Unlike traditional brokerage firms, the proprietary (prop) trading industry remains largely unregulated, yet Hola Prime has proactively embraced self-regulation to instill confidence and trust among traders worldwide.

Leading this charge is Mr Ashutosh Sharma, Head of Risk and Compliance at Hola Prime. As a Chartered Accountant with extensive experience in audits and controls, Ashutosh has worked with EnY and gained a solid understanding of EU regulations during his tenure in Spain, bringing unmatched expertise to the firm’s operations. In his previous role, he led the Operations function for a Forex and CFDs Broker regulated in the EU (HCMC, Greece) and South Africa (FSCA), where he crafted policies and procedures for day-to-day operations, ensuring efficient processing and full compliance with regulatory requirements. This experience laid the foundation for his innovative approach at Hola Prime.

“We operate as though stringent regulations already exist. From daily cash flow monitoring to real-time order flow management, we leave no room for ambiguity. Our systems ensure payouts are planned a day in advance, with a robust 30-40% financial cushion to ensure seamless operations”, said Mr Ashutosh.

At the core of Hola Prime’s strategy lies meticulous financial planning and execution. Ashutosh and his team monitor cash reserves, liabilities, and exposure daily, ensuring payouts are timely and market exposure remains capped. This rigorous approach not only secures the firm’s financial health but also reinforces its reliability. Real-time order flow management further streamlines operations, ensuring trades transition from simulated accounts to live markets in under two minutes. This process minimizes risk exposure while optimizing performance – a critical aspect of Hola Prime’s commitment to trader success.

Hola Prime also stands out with its Price Transparency Report, a tick-by-tick comparative analysis between market prices and those provided by its liquidity partners. This innovation empowers traders to independently validate trades, holding Hola Prime accountable to the highest standards. “The Price Transparency Report is as essential for us as it is for our traders. It ensures our liquidity providers deliver prices aligned with the market – building accountability at every level,” Mr Ashutosh explains.

Technology forms the backbone of Hola Prime’s operations. From real-time order flow to generating detailed reports, its advanced IT infrastructure ensures flawless execution and reliability. Parallel simulated environments and regular system checks safeguard processes, offering traders peace of mind as they invest their hard-earned capital. The firm also implements stringent KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to prevent fraudulent activities. Mr Ashutosh’s team ensures all funds are clean, traders are genuine, and accounting practices remain transparent and compliant.

“Traders trust us with their time and money. It is our responsibility to provide visibility into our systems and processes. Transparency is the foundation of trust, and we are committed to building an environment where traders can thrive without worry,” Mr Ashutosh emphasizes.

By combining transparency, innovative technology, and robust risk management, Hola Prime is redefining industry standards. Its self-regulated model demonstrates that accountability and fairness can coexist with growth – providing traders with the confidence they need to succeed. For those seeking a trustworthy, compliant, and technologically advanced prop trading firm, Hola Prime stands as a pioneer.

About Hola Prime

Hola Prime is a leading global proprietary trading firm with a strong presence in the UK, Hong Kong, Cyprus, Dubai, and India. Renowned for its commitment to transparency, Hola Prime serves prop traders across 175+ countries, offering access to over 50 trading instruments. The firm is dedicated to empowering traders with real-time risk management, advanced technological infrastructure, and a secure trading environment. Committed to fairness and trust, Hola Prime ensures seamless payouts, robust compliance, and a reliable trading experience. With multiple trading platforms and a focus on bringing freshness to the prop trading industry, Hola Prime is redefining the future of trading.

Social Media

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LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

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Discord: https://discord.gg/TJ7TcHPXBf

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Reddit: https://www.reddit.com/user/HolaPrime/

Medium: https://medium.com/@social_46267

Media contact

Brand: Hola Prime

Contact: Media team

Email: marketing@holaprime.com

Website: https://holaprime.com/

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

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Press Release

ONIX Exchange Expands Globally to Create an Outstanding Crypto Trading Platform

Published

3 hours ago

December 30, 2024

Cloud PR Wire

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ONIX Exchange is driving a transformative wave in the cryptocurrency industry, redefining global trading platform standards with cutting-edge technology and user-focused design principles. As part of its global expansion strategy, ONIX has successfully established itself in key financial markets, offering an unprecedented efficient, secure, and user-friendly trading experience. In a market long dominated by traditional exchanges, ONIX has emerged as a leader in technological innovation and user satisfaction.

ONIX Exchange aims to eliminate the limitations of traditional exchanges, such as high transaction fees, restricted operating hours, and cumbersome cross-border processes. Leveraging the flexibility of blockchain technology and its 24/7 operational capability, ONIX provides users with an uninterrupted trading environment, ensuring they never miss market opportunities due to time zone constraints. Meanwhile, ONIX’s global network offers diverse asset trading options and ensures liquidity stability, benefiting both retail investors and institutional users alike.

One of ONIX Exchange’s core strengths lies in its deep integration of artificial intelligence (AI) technology. AI optimizes trading processes by providing real-time market analysis, trend forecasts, and automated trading strategies. In particular, ONIX’s AI-powered copy trading enables users to replicate the actions of top-performing traders effortlessly, eliminating the risks associated with emotional or inexperienced decision-making. Combining big data and advanced learning algorithms, ONIX’s AI system not only captures real-time market dynamics but also customizes investment strategies based on users’ trading styles and risk preferences, further enhancing efficiency and returns.

Beyond its AI capabilities, ONIX Exchange offers a variety of financial services, creating a comprehensive digital financial ecosystem for its users. For instance, in mining trades, ONIX employs advanced algorithms and efficient power allocation mechanisms to ensure the transparency and stability of mining profits. Additionally, the platform provides a wide range of investment products, catering to both low-risk and high-return investors, helping them achieve sustainable financial growth. These diverse offerings give users multiple avenues to engage with digital finance, solidifying ONIX’s position as a market leader.

ONIX Exchange also excels in ensuring user security. The platform employs bank-grade encryption, multi-factor authentication, and 24/7 risk monitoring systems to guarantee the safety of user funds and data. By utilizing smart contracts and decentralized storage, ONIX minimizes the risks associated with human error while enhancing transaction transparency and reliability. Users retain full control over their assets, enjoying a secure and trustworthy trading environment.

In addition to technological and service innovation, ONIX Exchange is committed to fostering the sustainable growth of the cryptocurrency industry. The platform actively supports the decentralized finance (DeFi) ecosystem and collaborates with industry leaders to explore applications for emerging technologies, such as predictive analytics and machine learning. These integrations not only strengthen ONIX’s competitive edge but also promote the broader adoption of blockchain technology across various sectors.

Looking ahead, ONIX Exchange plans to continue expanding its global presence and enhancing its service offerings. The platform is set to introduce more advanced analytical tools, deepen its integration with DeFi platforms, and explore AI applications in additional investment scenarios. ONIX aims to build a truly innovative and inclusive digital financial platform, enabling users to participate effortlessly in the fast-growing cryptocurrency market.

ONIX’s commitment to regulatory compliance further solidifies its reputation as a trusted global platform. By adhering to international standards and collaborating with regulatory bodies, ONIX ensures a safe and compliant trading environment. This proactive approach not only builds user trust but also sets a benchmark for responsible global cryptocurrency platform operations.

As ONIX continues to expand its influence, its focus on innovation, security, and user satisfaction ensures that it remains a formidable competitor to traditional exchanges. By addressing the limitations of legacy systems and leveraging the unique advantages of blockchain technology, ONIX is not only building an exceptional cryptocurrency trading platform but also shaping the future of digital finance.

ONIX Exchange is more than just a trading platform—it is a driving force behind the advancement of the digital financial industry. Through innovative services, unparalleled user experience, and a secure investment environment, ONIX is redefining the future of cryptocurrency trading. As one of the world’s leading digital asset platforms, ONIX will continue setting industry standards in technological innovation and leadership, contributing to the collective prosperity of its users and the broader industry.

Contact name: Jason Scott

Company name: Onix Exchange

Website : https://on-ix.tr/

Country: USA

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Press Release

Gravity Glider: The Futuristic Crypto Game Redefining Telegram Gaming

Published

7 hours ago

December 30, 2024

Cloud PR Wire

Gravity Glider, a new and exciting game, is bringing a fresh twist to Telegram gaming. Combining the fun of arcade classics with the latest crypto and NFT technology, this hyper-casual game is designed to compete with top tap-to-earn games while offering players a unique way to earn digital rewards.

In Gravity Glider, players control a futuristic car that glides through challenging courses inspired by the classic flappy bird game. Each level is packed with mythological bosses and hidden surprises called Easter eggs. These eggs are inspired by the creator’s personal hobbies, making the game more unique and fun for players who enjoy uncovering secrets.

What makes Gravity Glider truly stand out is its focus on blockchain technology. As players progress through the game, they can collect cryptocurrency coins and trade special in-game items that are designed as NFTs (Non-Fungible Tokens). These NFTs, featuring retro NES-style pixel art, add real-world value to the gaming experience, giving players a chance to own and trade their game achievements.

But that’s not all. Gravity Glider plans to take things to the next level with the introduction of an AI agent. This AI will manage the game’s systems and player interactions, creating a smarter, more dynamic experience for everyone. Inspired by AI projects like Zerebro, this feature will bring a fresh take on automated game management, blending nostalgia with cutting-edge technology.

The project also has an ambitious endgame. The creators plan to turn the entire Gravity Glider project into an NFT, which will be auctioned off in a Dutch auction using Bitcoin. This bold step ties the game to the growing world of crypto and NFTs, making it a must-watch project for blockchain enthusiasts.

Gravity Glider aims to go beyond being just another Telegram game. It is designed to be a thrilling adventure for gamers while offering real earning opportunities through crypto and NFTs. With its innovative features, mythology-inspired challenges, and exciting hidden surprises, it’s sure to captivate players from all backgrounds.

About Gravity Glider

Gravity Glider is a hyper-casual Telegram game that combines cryptocurrency earning, NFTs, and AI technology into a seamless gaming experience. Built for gamers and blockchain enthusiasts alike, the project is poised to become a landmark in the evolving crypto-gaming space

Contact: Howard

Email: Howardkcrewe1@gmail.com

Australia

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