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Southeast Asia Prepares for CBDC Revolution as Nuspay and Bits & Blocks Announce Major Collaboration

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New York, United States, 19th Sep 2024 – Nuspay International Incorporated, a pioneering USA-based fintech leader, in partnership with Bits & Blocks Ltd., is proud to announce the launch of a transformative Central Bank Digital Currency (CBDC) project that promises to revolutionize the future of finance. Focused on innovation and security, this project is set to reshape the region’s financial infrastructure, driving greater financial inclusion and fueling economic growth. The initiative is further bolstered by the participation of Peacock Trust United Kingdom, known for its extensive expertise in financial research and innovation.

Built on Nuspay International’s cutting-edge blockchain technology and fintech experience, and combined with Bits & Blocks’ strategic expertise in navigating the Southeast Asian financial landscape, this CBDC project addresses the core challenges faced by traditional financial systems, such as inefficiency, high transaction costs, and a lack of transparency. By focusing on creating a secure, scalable, and compliant digital currency solution, the project aims to redefine how Southeast Asian economies engage with digital finance.

Md. Abul Mansur, Managing Director of Nuspay International Incorporated, has been an early pioneer in the conceptualization of CBDC. Reflecting on his work, Mr. Mansur shared: “I began developing the initial concept of CBDC around currency virtualization, envisioning a solution that goes beyond e-Money, which is often controlled by commercial entities rather than the central bank. I asked myself, ‘If fiat currency is controlled by central banks, why shouldn’t e-Money be as well?’ This thinking led me to build the technological framework for CBDC, ensuring that it aligns with central bank regulations to provide the highest levels of security, transparency, and trust.

Nuspay International’s contribution to this project focuses on leveraging its expertise in blockchain technology and digital security, creating a robust framework that facilitates real-time payments, enhanced traceability, and significantly reduced transaction costs.

With Nuspay’s proven track record, this CBDC solution is tailored to meet the unique needs of Southeast Asia, ensuring seamless integration with existing financial systems while improving efficiency and reducing risks inherent in traditional currency models.

Mr. Mohammed Nurul Afsar, Managing Director of Bits & Blocks Ltd., expressed his enthusiasm for the project: “Bits & Blocks is honored to be part of this innovative venture. Our goal is to create a business strategy that ensures the CBDC system complies with local regulations and is tailored to the specific needs of financial institutions and governments in Southeast Asia. This project will fundamentally transform how financial transactions are conducted in the region, providing a secure, scalable solution that will shape the future of finance.”

Adding credibility and ensuring the project’s strategic alignment with global financial standards is Peacock Trust, under the leadership of Dr. Shamima Hardcastle, CEO of Peacock Trust United Kingdom. Peacock Trust not only drives financial research and innovation but also operates the Educational Research Institute, working with Generative AI to enhance financial education. Dr. Hardcastle also serves as President of Nuspay (UK Operations), reinforcing the project’s integrity and ensuring it adheres to the highest international standards.

Commenting on the initiative, Dr. Hardcastle remarked: “This CBDC project is a game-changer for Southeast Asia. By combining the technological expertise of Nuspay International with the strategic vision of Bits & Blocks, we are building a digital currency system that is secure, efficient, and fully compliant with regulatory requirements. This will usher in a new era of financial transparency and inclusivity.”

The introduction of CBDC in Southeast Asia is expected to offer significant benefits, including enhanced security, faster payments, and lower transaction costs. By harnessing the power of blockchain technology, each CBDC transaction will be transparent and traceable, helping governments combat illegal activities such as money laundering and tax evasion. Furthermore, eliminating intermediaries will make transactions more affordable and accessible, addressing key barriers to financial inclusion in the region.

The impact of this project on internal monetary flows, cross-border payments, and remittances—a vital source of income for many Southeast Asian countries—will be substantial. CBDC will enable real-time cross-border transfers, reducing the delays and high fees that traditionally accompany such transactions. Additionally, by providing unbanked populations with access to digital financial services, this project will foster broader financial inclusion, allowing more people to participate in the formal economy.

As the global economy continues its shift towards digital finance, the collaboration between Nuspay International Incorporated and Bits & Blocks Ltd. positions Southeast Asia as a leader in CBDC adoption. With a focus on security, scalability, and inclusivity, this project sets the stage for future digital currency systems, providing a path to a more efficient, transparent, and inclusive financial future.

For more information about this transformative CBDC project and how it can benefit financial institutions, governments, and consumers, please contact: care@nuspay.com

About Nuspay International Incorporated

Nuspay International Incorporated, based in the USA, is a global leader in fintech innovation, specializing in blockchain-based digital payment systems. Known for delivering secure and scalable financial solutions, Nuspay is at the forefront of technological advancements in the digital economy.

About Bits & Blocks Ltd.

Founded in 2023, Bits & Blocks Ltd. is a fast-growing company specializing in CBDC solutions. With a strong focus on regulatory compliance and business strategy, Bits & Blocks is committed to driving the future of digital finance across Southeast Asia.

About Peacock Trust

Peacock Trust United Kingdom, established in 1999, is a non-profit organization dedicated to promoting financial literacy, inclusion, and innovation. The Trust operates globally through initiatives such as the Educational Research Institute and works with Generative AI to advance financial education and innovation.

Media Contact

Organization: Nuspay International Incorporated

Contact Person: Md Abul Mansur

Website: https://nuspay.com/

Email: Send Email

City: New York

Country: United States

Release Id: 19092417183

The post Southeast Asia Prepares for CBDC Revolution as Nuspay and Bits & Blocks Announce Major Collaboration appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Sends company co-organized London Fintech Networking Meetup: summing up the event

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On September 12th, Sends company, with its partners, held the London FinTech Networking Meetup. It took place in London and was co-organized by Dukascopy Swiss Banking Group, Complyport, Fintecor, and The Association of Governance Risk and Compliance. Entry was limited to select guests, ensuring a focused, high-quality experience. Over 100 visitors attended.

This gathering provided an unparalleled opportunity for attendees to connect with industry leaders, foster collaborations, and enhance their professional network. Before the event, participants could view the attendee list and request personalized introductions to optimize their networking experience.

“Even though fintech is all about online processes, we believe that strong relationships and offline meetups are the foundation of growth in the industry. This event uniquely allows our valued clients and partners to connect, collaborate, and explore new opportunities. We’re excited to facilitate these conversations and foster connections to shape the company’s future,” said Alona Shevtsova, CEO of Sends.

About London Fintech Networking Meetup:

London Fintech Networking Meetup is a premier platform bringing together fintech professionals, innovators, and entrepreneurs. Our events are designed to create meaningful connections that drive industry progress.

About Sends:

Sends is a financial service provider headquartered in London. Since 2017, it has offered a comprehensive range of payment solutions as the FCA-authorised Electronic Money Institution (EMI). Our mission is to upgrade the banking experience by providing a functional alternative to traditional bank accounts.

It is worth mentioning that this summer, Sends launched its financial application to the Apple Store and Google Play. Now, Sends account owners can manage transactions and all the operations from their smartphones. The app is free for all users.

 

Media Contact: Kate Davies

Address: Office 39.18, Level39, One Canada Square, London, England, E14 5AB

Marketing Department contacts: pr@sends.co 

To learn more about Sends and its special offer, please visit www.sends.co.

*Sends is a trade name of SMARTFLOW PAYMENTS LIMITED.

  SMARTFLOW PAYMENTS LIMITED is registered in England and Wales (Company number 11070048).

 

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NEW BOOK REVEALS VITAL SECRETS FOR PREVENTING ALCOHOL RELATED DEATHS ON AMERICA’S ROADWAYS

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Cullman, Alabama, 09/19/2024 

Summary: Forensic Scientist Howard Cannon’s new book reveals secrets to prevent alcohol related deaths and business destroying lawsuits.

Forensic Scientist and restaurant, bar and dram shop expert Howard Cannon’s upcoming book “99 Signs of Visible Intoxication That Every Alcohol Employer and Employee Should Know” – set to release winter of 2024 – is an alcohol employer and employees’ handbook for saving lives and preventing business destroying lawsuits. An excerpt from the book, “99 Signs of Visible Intoxication” can be downloaded at RestaurantExpertWitness.com

Someone is killed in a drunk driving accident every 39 minutes in the United States (nhtsa.gov). Devastating lawsuits destroy hundreds of bar and restaurant businesses, or permanently damage their reputation every year because alcohol employees fail to spot early signs of intoxication. Prompted by these facts, Howard Cannon began writing his upcoming book “99 Signs of Visible Intoxication That Every Alcohol Employer and Employee Should Know.” The book, carefully gleaned from thousands of hours of research, statistical analysis and forensic investigation, is an essential guide for alcohol employees, employers and lawyers alike. 

Howard Cannon is the most recognized restaurant and bar court-testifying forensic expert witness in the world, with over 300 litigation and 350 pre-litigation cases to his credit. He is the author of many other books in this industry, and is also the owner of Restaurant Expert Witness, the leading restaurant forensic consulting firm in the world. His books have been published in 76 countries and he has been featured on internationally broadcasted T.V and radio programs including Dr. Oz, Anderson Cooper, Inside Edition, and countless others. This new list is another landmark in the 37 years that he has been calling attention to the industry standards that keep the restaurant industry – America’s most important and most dangerous – safer for everyone. 

Conclusion:

Howard Cannon’s book provides critical knowledge that can save lives and protect businesses from costly lawsuits. By sharing his expertise in identifying visible signs of intoxication, Cannon aims to raise awareness and improve safety standards across the alcohol industry.

For More Details, Please visit 

Company Name: Restaurant Expert Witness

Phone Number: 800-300-5764

Email Address: porter@restaurantexpertwitness.com

CONTACT: Restaurant Operations Institute, Inc. 

Contact Person: Howard Cannon (Author) Brittney Gunter (Admin)

Website URL:  https://restaurantexpertwitness.com/alcohol-liability-dram-shop-expert-witness/?swcfpc=1

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A-1 Forklift Certification – Paving the Way for Safe and Skilled Forklift Operators Across the Nation

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In an industry where safety and precision are paramount, A-1 Forklift Certification is setting the standard for comprehensive and accessible forklift operator certification. As businesses increasingly prioritize safety and efficiency, the need for trained and certified forklift operators has never been greater. A-1 Forklift Certification is rising to the occasion, providing high-quality training programs designed to equip operators with the skills and knowledge they need to excel in their roles.

Meeting the Demand for Certified Forklift Operators

The modern workplace, especially in industries such as warehousing, construction, and manufacturing, relies heavily on skilled forklift operators to ensure that materials are handled safely and efficiently. However, the increasing demand for these skills has highlighted a critical gap: the need for standardized, reliable forklift operator certification. A-1 Forklift Certification addresses this need by offering a comprehensive range of certification programs that cater to both novice and experienced operators.

“At A-1 Forklift Certification, we believe that a well-trained forklift operator is the cornerstone of a safe and productive workplace,” said a spokesperson at A-1 Forklift Certification. “Our programs are designed to provide the highest level of training, ensuring that operators not only understand how to operate a forklift safely but also how to respond to the various challenges they may encounter on the job.”

Comprehensive Training Programs for Every Skill Level

A-1 Forklift Certification offers a range of training programs to meet the needs of different skill levels. From beginners looking to obtain their initial certification to experienced operators seeking to renew their credentials, A-1 Forklift Certification provides the necessary training to ensure compliance with industry standards and regulations, including OSHA regulations.

The company’s flagship program, the Forklift Operator Certification course, covers all the essential aspects of forklift operation. This includes in-depth instruction on equipment handling, safety protocols, load management, and hazard identification. Participants are also trained to perform pre-operation inspections and understand the importance of maintaining a safe working environment.

In addition to the standard certification course, A-1 Forklift Certification offers specialized training for different types of forklifts, including counterbalance, reach, and rough terrain forklifts. This ensures that operators are well-equipped to handle the specific demands of their roles, regardless of the type of equipment they will be using.

Accessible and Flexible Training Solutions

Understanding that time and accessibility are critical factors for many businesses and individuals, A-1 Forklift Certification has developed flexible training solutions that cater to a wide range of needs. The company offers both in-person and online training options, making it easier than ever for operators to obtain their certification.

“Our goal is to make forklift certification as accessible as possible,” said the spokesperson. “We recognize that not everyone has the time or resources to attend in-person training, which is why we’ve developed an online platform that allows participants to complete the theoretical portion of the training at their own pace. This is particularly beneficial for businesses that need to certify multiple employees simultaneously.”

For those who prefer hands-on training, A-1 Forklift Certification provides in-person courses at various locations across the country. The company also offers on-site training for businesses that require a tailored approach, ensuring that employees are trained on the specific equipment they will be using in their day-to-day operations.

A Commitment to Safety and Compliance

Safety is at the heart of everything A-1 Forklift Certification does. The company is committed to ensuring that all operators who complete their certification programs are fully prepared to operate forklifts safely and in compliance with all relevant regulations. This commitment to safety extends beyond the training itself, with A-1 Forklift Certification offering ongoing support and resources to help businesses maintain a safe working environment.

As the demand for skilled forklift operators continues to grow, A-1 Forklift Certification stands out as a leader in the field, providing top-tier training and certification services that prioritize safety, accessibility, and compliance. If you are searching “Forklift training near me,” A-1 Forklift Certification is the partner you can trust to deliver the training you need.

For more information about A-1 Forklift Certification and to find the nearest training center to obtain a license, search “Forklift license near me” to begin your journey towards becoming a certified forklift operator.

Contact Information:

A-1 Forklift Certification

950 N. Tustin Ave. Anaheim, CA 92807 

1-877-922-5438 

train@forkliftcertify.com 

https://www.forkliftcertify.com/ 

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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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