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

Published

3 years ago

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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

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

Published

9 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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Press Release

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

Published

16 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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Press Release

Transitioning from Sage 50 US to QuickBooks: A Guide

Published

16 hours ago

on

March 8, 2025

By

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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