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Transak Enables Fiat Purchases on VeChains NFT Marketplace Service, Supports Gresini Racings First Collection

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–News Direct–

Transaks NFT Checkout has made its way on VeChains Marketplace-as-a-Service (MaaS) (MaaS) platform. The partnership and consequent integration opened fiat-to-NFT purchases for the platform in over 160 countries and at a low purchasing limit of just $0.01 an industry first rate. On the heels of the partnership, Gresini Racing offered the teams NFTs on the platform, as a part of its collaboration with Transak.

The partnership with Transak ensures the most simple and seamless checkout solution for Gresini Racings largely web2-native community. The combination of VeChain and Transaks technologies are helping to streamline the use and adoption of blockchain tools, by abstracting away the technical nuances that would otherwise be necessary to perform an NFT transaction.

MaaS was recently announced by VeChain as a new platform that fulfills an important role within the digital asset space a no-code NFT marketplace platform that represents both digital and physical products, for use by both individuals and businesses. The platforms launch is a response to the growing demand for tools that facilitate the onboarding of tokenized real-world assets, streamlining the process for those unfamiliar with blockchain intricacies.

For sports clubs and racing teams like Gresini Racing, the advent of MaaS coupled with Transaks Web3-gaming-focused NFT Checkout solution is a game-changer. It opens up new avenues for fan engagement and monetization, allowing them to offer exclusive, tokenized content to a global audience.

Alessandro Raboni, Head of Growth at Transak, said: We are thrilled to partner with Gresini Racing and for their new NFT marketplace launch on VeChain. This collaboration represents a significant leap in Web3 innovations as it effectively connects the world of motorsports with the new ownership-driven internet economy.

With Transaks NFT Checkout solution, fans worldwide can now effortlessly purchase NFTs using their preferred payment methods, from as little as one cent to up to seventy-five thousand dollars per transaction. This integration enhances accessibility and promotes a new dimension of fan engagement in motorsports.

The partnership also brought into play the concept of phygitals, a blend of physical and digital assets made possible through NFC technology. This means fans can own a piece of memorabilia that is both tangible and enhanced with digital features, creating a more immersive and interactive experience.

Ben Moran, Product Manager at the VeChain Foundation, noted: The launch of Marketplace-as-a-Service is a huge achievement for our team, representing a powerful new addition to our tool suite we cant wait to see it deployed by users even more widely in the coming years.

This collaboration with Transak as NFT checkout service provider, allows us to greatly streamline the ease of use for Gresini Racings Motorsport fans, and make the whole experience a simple and enjoyable one.

About Transak

Transak is a global web3 payment and onboarding infrastructure provider, facilitating seamless transitions between traditional finance and crypto assets. Web3 platforms using Transak can embed the best way to onboard users by enabling them to buy or sell crypto assets from 160+ countries, as Transak abstracts away the complexity of user KYC, risk monitoring, compliance, payment methods and customer support.

Transaks product suite includes robust fiat-to-crypto services (On/Off-Ramps), a fiat-to-smart-contract solution (Transak One), and a fiat-to-NFT checkout solution. As a regulated, non-custodial payments layer, Transak supports onboarding to 170+ crypto assets across 75+ blockchains. Trusted by over 350+ applications, including MetaMask and Coinbase Wallet, Transak is making web3 applications more accessible.

For more information, visit https://transak.com/ or follow us on https://twitter.com/Transak.

About VeChain

VeChain, headquartered in San Marino, Europe, is the curator of VeChainThor, a world-leading smart contract platform spearheading the real-world adoption of blockchain technology.

By leveraging the capabilities of trustless data (information without intermediaries), smart contracts, and IoT technologies, VeChainThor has enabled enterprise solutions across a wide array of fields. VeChain now turns its attention to the greatest challenge of all building digital ecosystems to drive sustainability and digital transformation at global scale.

Learn more about VeChain on vechain.org

Contact Details

Transak

Aman Kalra

amankalra@transak.com

View source version on newsdirect.com: https://newsdirect.com/news/transak-enables-fiat-purchases-on-vechains-nft-marketplace-service-supports-gresini-racings-first-collection-619022061

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Press Release

Trivolve Tech and Quixy joins hands to Revolutionize Forensic Systems in India on Cardano

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Hyderabad, India, 22nd October 2024, ZEX PR WIRE, Trivolve Tech, a blockchain and AI product studio and Quixy, a leader in no-code/low-code enterprise solutions, , have officially partnered to co-develop cutting-edge forensic management systems for state governments across India. This collaboration aims to revolutionize the handling and integrity of forensic evidence by integrating Cardano blockchain technology and Zero-Knowledge Proofs (ZKP) into evidence management systems.

The project will initially focus on the Uttar Pradesh state government, which handles over one million forensic cases annually. The key objective is to enhance the forensic chain of custody—a process crucial for ensuring the authenticity and integrity of forensic evidence presented in court.

Addressing the Challenges in Forensic Evidence Management

Forensic departments in India face significant challenges in maintaining the chain of custody for evidence. Current centralized systems are vulnerable to tampering and unauthorized access, posing risks to the credibility of evidence in legal cases. The joint venture between Quixy and Trivolve Tech addresses these challenges by developing a decentralized solution leveraging Cardano’s smart contracts and Zero Knowledge Proofs. This approach ensures that every step in the chain of custody is immutably recorded on the blockchain, providing an unprecedented level of transparency and security.

Integrating Cardano Blockchain for Enhanced Security and Scalability

Cardano, one of the most decentralized and sustainable blockchain platforms, will be integral to the forensic management system through its cryptographic hashing. Cardano operates on a proof-of-stake (PoS) consensus mechanism, which makes it 99.99% more energy-efficient than Bitcoin and Ethereum. This sustainability, coupled with security, positions Cardano as an eco-friendly option for large-scale projects like this one.

Rahul Konudula, CEO of Trivolve Tech, commented, “By integrating Cardano blockchain with forensic management, we are providing a game-changing solution that improves transparency, accountability, and security for law enforcement agencies. This collaboration could set the standard for forensic evidence management across India’s 28 states and 8 union territories.”

About Quixy

Quixy is a no-code/low-code platform that helps organizations automate business processes and build enterprise applications faster with fewer resources. With over 26,000 no-code apps and 200,000 users, Quixy is one of India’s leading software companies.

About Trivolve Tech

Trivolve Tech is a product development studio solving real-world problems through Blockchain and AI. They integrate blockchain into enterprises and government operations, driving innovation and sustainable growth while enhancing liquidity by tokenizing Real World Assets.

For more information, please visit:
Quixy – https://quixy.com/

Trivolve Tech – https://trivolvetech.com/

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Press Release

The importance of QuickBooks file repair: Damaged QuickBooks files can disrupt business operations, making it challenging to access financial data

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Brandon, MB, 22nd October 2024, ZEX PR WIRE, QuickBooks is an incredibly robust accounting tool, capable of handling a variety of financial tasks. However, like any software, it is susceptible to encountering issues, including file corruption. A damaged QuickBooks file can significantly disrupt business operations, making it challenging to access financial data, create reports, or process transactions. QuickBooks file repair is a powerful process designed to effectively address these issues and restore the integrity of your data.

Some common reasons include power failures or system crashes during QuickBooks usage can lead to file corruption. Another common reason is if the company file grows over time, it may become too large, causing performance issues or data corruption. Issues with hardware or bad sectors on the hard drive can lead to file damage.

Incompatible software or updates can occasionally interfere with QuickBooks, resulting in file corruption. 

QuickBooks provides a built-in tool called QuickBooks File Doctor, designed to identify and repair common issues related to file corruption. This tool can be downloaded and run to fix network and data file issues, offering a simple and effective solution in many cases.

If the file is too corrupted to repair, restoring from a recent backup can save your data. Regular backups are essential as they provide a safeguard in case of severe damage. 

QuickBooks includes a “Rebuild Data” feature that can resolve minor data corruption issues. This tool automatically scans the company file for inconsistencies and fixes them, ensuring the file is in good shape.

In cases of severe file damage or when internal tools fail to resolve the issue, consulting a professional QuickBooks repair service may be necessary. These services specialize in repairing damaged files and recovering lost data, ensuring minimal disruption to your business.

QuickBooks file repair is crucial when your data is compromised. By using built-in tools like QuickBooks File Doctor, restoring backups, or seeking professional help, you can effectively recover from file corruption and ensure business continuity.

For professional expertise on repairing a damaged QuickBooks file, visit https://quickbooksrepairpro.com/quickbooks-data-recovery.aspx

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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Press Release

Optimizing your QuickBooks file is crucial for ensuring your accounting software runs efficiently, protecting data integrity, and facilitating smoother operations

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Kingston, 22nd October 2024, ZEX PR WIRE, As businesses grow, so do their financial records, often leading to larger QuickBooks company files. While QuickBooks is designed to handle substantial data, file optimization is crucial for maintaining efficiency and performance. 

 Large company files can slow down QuickBooks, leading to lagging responses when entering data, generating reports, or running payroll. Optimization helps reduce file size and improve system speed, allowing for smoother operations.

Over time, as files grow and become fragmented, the risk of data corruption increases. Regular optimization can help maintain file integrity, reducing the likelihood of encountering issues that can lead to data loss.

 A smaller, optimized file takes less time to back up and restore, which is critical during system updates or when recovering from a crash. This can save valuable time and resources, especially during busy financial periods.

File optimization makes it easier to manage and navigate your financial records. By condensing and organizing data, users can quickly access the information they need without wading through excessive amounts of data.

Optimized files allow for quicker and more accurate financial reporting, ensuring that your business remains compliant with tax regulations and internal policies. This efficiency is vital for audits and decision-making processes.

Use QuickBooks’ built-in “Condense Data” feature to remove historical transactions and reduce file size while retaining necessary data. Schedule regular maintenance checks to identify and repair data integrity issues. Utilizing tools like QuickBooks File Doctor can help identify potential problems early. Regularly review and archive old transactions that are no longer needed for day-to-day operations, which can significantly reduce file size. Keep an eye on your company file size and set thresholds for when optimization is needed to prevent performance degradation.

Optimizing your QuickBooks file is crucial for ensuring your accounting software runs efficiently, protecting data integrity, and facilitating smoother operations. Regularly implementing optimization strategies can lead to significant benefits, allowing your business to focus on growth and success.

https://quickbooksrecovery.co.uk/quickbooks-file-data-services/quickbooks-file-optimization-service/ 

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 1000 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).

For media inquiries regarding E-Tech, individuals are encouraged to contact Media Relations Director, Melanie Ann via email at Melanie@e-tech.ca. 

To learn more about the company, visit: www.e-tech.ca

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