fosters

Alvara Protocol Raises $2.4M in Lightning Public Round

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Time Stamp: March 19, 2024 12:11 PM - Modified On: March 19, 2024 - Published By:
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Republished By Plato

  Alvara Protocol is looking set to play a substantial role in redefining how the world invests. Their groundbreaking infrastructure, that is set to be an industry first, leverages the ERC-7621 (BTS or Basket Token Standard) to facilitate the creation of fully decentralized tokenized cryptocurrency investment funds. Now, anyone can now become a fund manager with ease. The responsibility for managing funds is something that has long been gatekept. Reserved for institutions or those already financially established. This is no longer the case. Alvara are poised to empower the next

GMEX ZERO13 wins COP28 TechSprint and continues network expansion

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Time Stamp: December 6, 2023 5:55 AM - Modified On: December 6, 2023 - Published By:
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Technology solution selected as winner for blockchain technology British innovation in digital sustainable finance showcased and recognised at COP28 Universal Carbon Registry, Decarb.earth, Koat Intelligence Solutions and Plato Data Intelligence added LONDON, UAE, 6 December 2023 – ZERO13, the GMEX Group initiative providing a digital climate fintech platform-as-a-service, is delighted to announce the addition of four new participants to its Asset Settlement Network and its selection as the winner of the prestigious COP28 TechSprint for blockchain technology. The COP28 TechSprint, launched by the Central Bank of the United Arab Emirates

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

BANTgo and Verofax Team Up to Revolutionize E-waste Collection Through Tokenized Rewards

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Time Stamp: October 24, 2023 7:04 AM - Modified On: October 24, 2023 - Published By:
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DUBAI, Oct 24, 2023 - (ACN Newswire) - In an ambitious stride towards environmental sustainability, BANTgo and Verofax have announced a pioneering collaboration to enhance e-waste collection. The groundbreaking partnership seeks to galvanize the masses into responsible recycling by rewarding their endeavors with tokenized incentives. Verofax, was awarded the GITEX Supernova Web3 and Blockchain award, introduces its innovative technology to this eco-initiative. The venture encompasses the deployment of advanced smart bins explicitly designed for e-waste collection. These bins are equipped with a validation system to ensure accurate assessment of the

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:36 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an