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Understanding Currency Pairs and Exchange Rates

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Time Stamp: April 5, 2024 2:05 PM - Modified On: April 6, 2024 - Published By:
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In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

Verofax wins GITEX Supernova Web3 & Blockchain Award 2023

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Time Stamp: October 31, 2023 2:21 PM - Modified On: October 31, 2023 - Published By:
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DUBAI, Nov 1, 2023 - (ACN Newswire) - Verofax, an innovator in Brand & Retail solutions, was selected among 521 startups globally as the best solution offering for Web3 & Blockchain, at the GITEX 2023 Expo,  Supernova Challenge in Dubai. Verofax, a UAE-based startup and service provider for turning shopping & products interactive, has emerged as the winner of the 2023 Supernova Challenge at Expand North Star Dubai, the world's largest startup event. The startup received the prize after rounds of pitching against global finalists. Verofax's groundbreaking solution combines interactive Product

InvoiceMate Partners with the DFINITY Foundation and Migrates from Hyperledger Fabric to The Internet Computer Blockchain

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Time Stamp: October 20, 2023 8:33 AM - Modified On: October 20, 2023 - Published By:
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  Zurich, Switzerland & Dubai, UAE. The DFINITY Foundation, a not-for-profit research and development organization based in Switzerland and a major contributor to the Internet Computer blockchain (ICP), has announced that it has partnered with InvoiceMate. InvoiceMate.tech will migrate from Hyperledger Fabric to the Internet Computer. The DFINITY Foundation will support InvoiceMate in this transition as it becomes an important part of the ICP ecosystem. InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion by

Zumo first to launch platform built to meet the tech requirements of the FCA’s new Financial Promotions Regime for Crypto Assets

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Time Stamp: October 6, 2023 7:11 AM - Modified On: October 6, 2023 - Published By:
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The award-winning platform has set a new benchmark in consumer protection and regulatory alignment With some UK operators having to pause activity, Zumo’s financial promotions technical flow is now also available through its B2B API to support unregistered firms with remaining compliant after the 8 October deadline [London/Edinburgh - Friday 29 September 2023] Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

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Time Stamp: August 10, 2023 7:38 AM - Modified On: August 10, 2023 - Published By:
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New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

SCCG Partners with Kajot Games for Distribution of iGaming Content to North America and Worldwide

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Time Stamp: August 9, 2023 8:47 AM - Modified On: August 9, 2023 - Published By:
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Las Vegas, NV – SCCG Management, a leading advisory firm in the global gambling industry, is excited to announce a strategic partnership with Kajot, for the distribution of their world-class iGaming content, with an initial focus on social gaming in the United States. The collaboration is poised to eventually expand into real-money gaming within the US market, including targeted initiatives within specific states in collaboration with tribal casinos. Stephen Crystal, Founder & CEO of SCCG, stated, “We are thrilled to join forces with Kajot, an innovative partner known for their

Goverment Liason – Sandy

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Time Stamp: August 9, 2023 5:36 AM - Modified On: August 9, 2023 - Published By:
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Sandy Barsky Appointed as Government Liaison for the Blockchain & Infrastructure, the Rise of AI Conference. Washington, DC - [July 10, 2023] - The Government Blockchain Association (GBA) is thrilled to announce the appointment of Sandy Barsky as the Government Liaison for the upcoming Blockchain & Infrastructure, the Rise of AI Conference. The event is scheduled to take place on September 28-29, 2023, in Washington, DC. With an extensive background in the field, Sandy Barsky brings a wealth of experience to his new role. Having worked for decades at the

SCCG Announces Strategic Partnership with AWARE, A Global Leader in KYC Software Solutions

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Time Stamp: August 7, 2023 12:39 PM - Modified On: August 7, 2023 - Published By:
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SCCG Management announced a strategic partnership with AWARE, a world leader in biometric verification software solutions. This partnership aims to establish AWARE’s superior biometric software solutions in the global gambling industry, with SCCG leading the charge to distribute these innovative solutions to major operators worldwide. AWARE, a pioneering company listed on the NASDAQ under the ticker symbol "AWRE," has dramatically transformed the landscape of security and authentication with its comprehensive portfolio of innovative biometric solutions. These ground-breaking solutions enable secure biometric enrollment, authentication, and identity verification, facilitating seamless transactions, and

Erez Capital Announces Additional Venture Partners

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Time Stamp: August 4, 2023 6:51 AM - Modified On: August 4, 2023 - Published By:
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Erez Capital, a emerging venture capital fund investing in disruptive technologies, is thrilled to announce the addition of new Venture Partners. Boston, Massachusetts, United States - August 3rd, 2023 — Erez Capital, a emerging venture capital fund investing in disruptive technologies, is thrilled to announce its addition of 40 Venture Partners to join the fund. These new partners will play an important role in the quickly developing artificial intelligence ecosystem - specifically in the proptech, medtech and fintech sectors. “This fund and its investments will represent the consensus of experts,

Farouk Khailann, CEO of Premium Africa Holdings Joins Erez Capital as Venture Partner.

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Time Stamp: August 1, 2023 1:16 PM - Modified On: August 1, 2023 - Published By:
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Farouk Khailann is an African Entrepreneur with a strong commitment to Africa’s economic growth. He is the Chief Executive Officer of Premium Africa Holdings, Managing Partner for Akon Lighting, and a Strategic Advisor to the Royal Family of the United Arab Emirates (UAE) The Private Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi for Strategic Alliances and Policies. The office was established by his Royal Highness Sheikh Ahmed bin Faisal Al Qassimi, a member of the ruling family of Sharjah & Ras Al Khaimah, United Arab Emirates, focusing billions in investment