Press Release
RWA in Focus: MAS Regulated Digital Asset Custodian, Propine Introduces Support for Fathom Dollar $FXD Stablecoin on XDC Network.
Singapore, 2 May, 2024, ZEX PR WIRE, MAS-regulated custodian Propine has announced its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to enhance global trade finance operations. Propine, licensed by the Monetary Authority of Singapore, is a prominent digital asset custodian serving large institutional clients.
FXD is a stable-price cryptocurrency over-collateralised by the XDC network token and RWA, including trade finance assets. It has emerged as a use case-driven solution amidst growing concerns over the trade finance gap. It has been a significant barrier to global trade, particularly affecting small and medium-sized enterprises (SMEs).
By offering a stable and reliable transaction medium and store of value, FXD aims to facilitate essential functions in a $30 trillion global trade finance market. This includes cross-border transactions, borrowing against receivables, and generally turning trade finance into an alternative investment class for non-banks.
Tuhina, Propine’s Founder and CEO, said, “Propine is dedicated to facilitating swift and secure adoption of digital assets and cryptocurrencies by institutional investors and regulated businesses. To this end, we have adopted compliance and security standards that serve as industry benchmarks. As the industry continues to expand, we see significant potential to further serve as a trusted partner for organizations seeking to enter the space seamlessly and securely.”
Manuel Rensink from Fathom: “Propine offers world-class services, and their battle-tested custody has been our choice. Despite all the shockwaves that enveloped the industry, Propine has been resilient because of its governance and internal controls & systems. They have consistently led innovation in the digital asset custody space and raised the bar. Propine’s support for FXD is a game-changer, providing a seamless ramp on/off service between digital assets and fiat currencies. This service is crucial for enhancing the liquidity and accessibility of FXD, making it an attractive option for businesses and financial institutions engaged in international trade.”
He added, “The integration of Propine’s custody solutions with FXD ensures that users can enjoy the highest security and compliance standards, essential in the highly regulated financial sector. As FXD gains traction, Propine’s role in its custody and management will undoubtedly be a key factor in its success, marking a new era in integrating real-world assets with digital finance solutions.”
About Propine:
Propine is a licensed, audited, and insured digital asset custodian headquartered in Singapore. The company is engaged in transforming how digital assets are stored and traded by providing reliable, secure, and scalable solutions to institutional clients. Propine also enables investors to tokenize previously illiquid asset classes such as corporate bonds, real estate, private equity, funds, art, natural resources, and derivatives. The company is geared to support clients in unlocking their potential within a regulatorily compliant and legally robust framework.
To learn more, visit Propine.com or follow Propine on LinkedIn, YouTube, X (Formerly Twitter)
About Fathom Protocol:
Fathom is a liquidity protocol where users can deposit XDC tokens or RWA collateral and borrow the FXD. This opens up programmatic financing solutions for individuals and businesses that were previously not available. Furthermore, investors and savers can (re)invest their FXD for competitive yields. The Fathom DAO is governed by FTHM token holders who can vote on onboarding new collateral types, interest rates, and more. Fathom is built on the XDC network to be at the center of its Institutional DeFi ecosystem. https://fathom.fi/
About XDC Network:
XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases, including trade finance, payment, and RWA tokenization, that are secure, scalable, and highly efficient. Website: xinfin.org | xdc.org
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.
JOHANNESBURG, South Africa – 25/12/2024 – (SeaPRwire) – Caj Africa Releases the analytical report on Syria’s 2024 socialist dynamics. The fall of Bashar al-Assad’s regime in Syria has marked a significant geopolitical shift in the Middle East, reshaping power dynamics and raising critical questions about the country’s future. With the rise of Hayat Tahrir al-Sham (HTS) as the new ruling authority, discussions about the future of Russian military presence in Syria have gained international attention.
In a recent BBC interview, Syria’s new leader, Ahmed al-Sharaa, highlighted the longstanding strategic partnership between Syria and Russia. He suggested the possibility of continuing military cooperation, reinforcing the importance of Russia’s two key military bases in the region. These bases serve as pivotal assets for Moscow’s influence in the Mediterranean and Africa.
While some European officials hope the new Syrian government will move to reduce Russian influence, analysts argue that Moscow’s presence might play a stabilizing role in the current political landscape.
Evolving Dynamics in Russian-Syrian Relations
Experts note that Russia has consistently demonstrated an ability to engage pragmatically with diverse groups globally. Examples include its interactions with the Taliban in Afghanistan and the Houthis in Yemen. In Syria, a notable shift in Russian rhetoric is evident, with HTS now being referred to in Russian media as an “armed opposition group” rather than a “terrorist organization.”
This pragmatic approach extends to diplomatic symbols: within hours of Damascus’ fall, the Syrian embassy in Moscow replaced its flag with that of the opposition. Analysts suggest this adaptability could foster future collaboration between Moscow and HTS, grounded in mutual interests.
Collaboration between Russia and HTS could benefit both sides. For HTS, such an arrangement may help secure international legitimacy, reduce dependence on Turkey, and counter U.S. support for Kurdish and tribal groups in northern and eastern Syria. For Russia, maintaining its influence in Syria would bolster its strategic presence in the region and support its broader geopolitical goals.
Furthermore, analysts suggest Russia could act as a mediator between Syria and Israel, addressing complex issues such as territorial disputes over the Golan Heights and the destruction of remaining Syrian military capabilities.
The European Union has expressed concern about Russia’s continued military presence in Syria. However, analysts argue that Moscow’s role could align with Europe’s broader security interests. The fall of the Assad regime has created new challenges for Syria, including state-building, managing territorial disputes, and addressing extremist threats.
The release of political prisoners and individuals with potential links to radical groups raises security concerns for both the Middle East and Europe. This situation complicates Europe’s aspirations for the return of Syrian refugees and suggests a potential increase in migration pressures.
In this context, Russia’s experience in counterterrorism and its potential to stabilize regions under HTS influence could contribute to regional stability, indirectly benefiting European security.
The presence of Russian forces in Syria is not merely a matter of strategic interest for Moscow; it also has implications for the stability of the broader international community. As Syria navigates the challenges of rebuilding its governance structures and addressing regional tensions, Russia’s role could prove instrumental in shaping the country’s future.
Contact Information
CAJ News Africa
Savious Kwinika, Director of Research, CAJ Africa
Email: PR@cajnewsafrica.com
Tel: +27-83-494-8114
Website: https://www.cajnewsafrica.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 …
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
“AI’s Double-Edged Sword: Gopalakrishnan Arjunan Highlights Rising Security Risks and Ethical Challenges
Artificial Intelligence (AI) is reshaping our world, but its rapid growth brings significant security concerns. From cyber threats to ethical dilemmas, AI’s potential for harm rivals its benefits.
Gopalakrishnan Arjunan: A Visionary Voice in AI and Security
Gopalakrishnan Arjunan, a distinguished expert in AI and Machine Learning (ML) engineering with a deep understanding of digital industries, provides valuable insights into these pressing issues. With a career dedicated to advancing technology while addressing its risks, he has become a trusted authority on AI’s transformative power and its vulnerabilities. In his words, “AI’s rapid advancement is a double-
Key Risks:
- Cybersecurity Breaches:
AI is both a defender and a weapon. Hackers use AI to enhance phishing attacks and create malware, while AI tools defend against intrusions. In 2023, global losses from AI-enhanced cyberattacks reached $6 trillion (Source: Cybersecurity Ventures).
2.Deepfakes and Misinformation:
Deepfake videos and AI-generated content blur reality. In 2024, over 70% of misinformation online is predicted to originate from AI systems (Source: Pew Research).
3.Autonomous Systems in Warfare:
AI-powered autonomous weapons raise ethical and operational challenges. The UN warns of the risk of escalating conflicts through autonomous military systems.
4.Privacy Concerns:
AI-driven surveillance tools can overreach, threatening individual freedoms. In 2023, 25% of countries reported misuse of AI in mass surveillance programs.
Data Insights:
- Projected Global AI Security Market: Expected to grow to $190 billion by 2030 (Source: MarketsandMarkets).
- AI-Driven Cyberattacks Growth: Increased by 20% annually over the past five years.
The Path Forward
To mitigate these risks, the global community must adopt robust AI regulations, enhance transparency in AI algorithms, and invest in ethical AI research. Responsible AI is essential to harness its potential while safeguarding security and privacy.
Contact details
1. Company name: : Gopalakrishnan Arjunan
2. Website link: https://www.instagram.com/gopalk_arjunan
3. Contact Email: gopalakrishnan.a02@aiandml.in
4. Country: India
5. City: Bangalore
6. Contact person name : : Gopalakrishnan Arjunan
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.
Australia, 23rd Dec 2024, – Emergency Dentist Perth announces the availability of rapid and reliable dental care services for residents of Perth. Located in Yokine, the clinic is designed to cater to patients requiring immediate attention for dental emergencies, providing essential services that address a range of urgent oral health issues. Operating seven days a week, including after-hours availability, the clinic offers a dependable solution for those in need of urgent dental treatment.
The importance of prompt care during a dental emergency cannot be overstated. Issues such as severe pain, chipped or broken teeth, infections, and the need for extractions often demand immediate intervention to prevent further complications. Emergency Dentist Perth is dedicated to meeting these needs efficiently and effectively, ensuring patient comfort and care remain priorities.
“Dental emergencies can be incredibly distressing, and timely care is critical in preventing more severe complications,” said Dr. Anand Ponnusamy, Principal Dentist at Emergency Dentist Perth. “Our focus is on delivering high-quality emergency care that alleviates pain, addresses urgent dental issues, and restores oral health as quickly as possible. By being available outside standard hours, Emergency Dentist Perth serves as an essential resource for the community.”
The facility is prepared to address dental emergencies, offering services ranging from acute pain management to procedures such as emergency extractions. Staffed by skilled dental professionals, the clinic is designed to ensure patients receive timely care without the prolonged wait times often associated with traditional dental appointments. Emergency Dentist Perth adopts an approach that addresses the specific needs of patients, acknowledging the urgency and challenges that can arise during dental emergencies.
In addition to providing immediate relief, the clinic prioritises education and prevention. Patients are guided on follow-up care and maintenance to reduce the risk of future dental emergencies. The combination of experience, a focus on patient needs, and service accessibility highlights Emergency Dentist Perth’s role in addressing dental emergencies effectively.
Looking ahead, Emergency Dentist Perth plans to continue expanding its services to ensure even greater accessibility to emergency dental care. The clinic’s vision includes incorporating advanced technology to enhance treatment outcomes and streamline processes, enabling faster diagnosis and care delivery.
“As the demand for reliable emergency dental services continues to grow, it is essential to adapt and innovate to meet these needs,” added Dr. Ponnusamy. “The future holds opportunities for integrating new technologies and techniques, which will allow us to provide even more efficient and effective care for our patients. The clinic aims to remain a reliable partner in oral health for the Perth community.”
Emergency Dentist Perth’s central location at Shop 6/201 Flinders Street, Yokine, ensures accessibility for residents across Perth. The clinic provides services to support individuals and families dealing with urgent dental needs, ensuring accessible and timely care for the community. The commitment to patient care and the availability of comprehensive emergency services underscore the clinic’s role in supporting the oral health needs of the community.
For more information about emergency dental Perth or to access emergency dental services, contact Emergency Dentist Perth at (08) 6119 9605 or via email at info@emergencydentistperth.com.au.
Media Contact
Organization: Emergency Dentist Perth
Contact
Person: Dr. Anand Ponnusamy
Website:
https://emergencydentistperth.com.au/
Email:
info@emergencydentistperth.com.au
Contact Number: 61861199605
Address:Shop 6/201 Flinders Street
Address 2: Yokine WA 6060
Country:Australia
The post Emergency Dentist Perth Provides Rapid and Reliable Emergency Dental Care appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
Caj Africa Releases Analytical Report on Syria’s 2024 Socialist Dynamics
“AI’s Double-Edged Sword: Gopalakrishnan Arjunan Highlights Rising Security Risks and Ethical Challenges
Treendale Pet Medical Provides Trusted and Reliable Veterinary Care in Australind
Absolutely Princess: A New Children’s Classic by Mayra L Santana Warms Hearts Post Launch
Unusual Machines CEO Discusses Growth and Strategic Plans Post-IPO
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
-
Press Release3 days ago
Electric Pioneer.USDT Revolutionizes New Energy Vehicle Data Management
-
Press Release5 days ago
Innovative Visionary Vineet Byakod Leads Vineet Byakod Marketing’s Expansion with a Focus on Delivering Tailored Marketing Solutions
-
Press Release1 week ago
Revolutionizing Storytelling: Idea Concert Unveils Fullip, the AI-Powered Fairy Tale Animation Platform”
-
Press Release6 days ago
Jaynike Pioneers Digital Transformation with Comprehensive Web Solutions
-
Press Release5 days ago
Virturo Elite Club: Unlock Exclusive Wealth-Building Opportunities for High-Net-Worth Individuals
-
Press Release5 days ago
Virturo Continues to Redefine CFD Trading with Cutting-Edge Technology and Professional Expertise
-
Press Release1 week ago
NeuraLink Secures Strategic Support from Three Industry Leaders for $15 Million Blockchain and Fintech Innovation Fund
-
Press Release1 week ago
Luxuri Unveils Q4 Edition and Announces 2024 Luxury Award Winners