Imagen Network (IMAGE) Boosts User Engagement Using XRP for Instant Social Transactions
Singapore, Singapore--(Newsfile Corp. - August 13, 2025) - Imagen Network (IMAGE) has implemented XRP to accelerate decentralized peer-to-peer transactions, making social interactions more immediate and seamless. This integration enables creators, communities, and platform users to engage in real time, reducing delays and improving transaction reliability. By combining blockchain speed with AI-powered personalization, Imagen Network strengthens its mission to deliver high-performance social connectivity across the Web3 ecosystem.
[ This image cannot be displayed. Please visit the source: https://images.newsfilecorp.com/files/8833/262311_203d3c185443d896_001.jpg ]
Innovative solutions shaping the future of digital interactions
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8833/262311_203d3c185443d896_001full.jpg
The addition of XRP into Imagen Network's infrastructure ensures that content creators and participants benefit from rapid transfers, enhancing the platform's potential for live engagement, tipping, and collaborative projects. With an emphasis on low latency and high scalability, this update supports a more engaging environment for decentralized social networking.
This milestone marks another step in Imagen Network's roadmap to unite blockchain efficiency with AI-driven personalization, creating an ecosystem where meaningful, instant interaction can flourish at scale.
About Imagen Network (IMAGE)
Imagen Network is a decentralized AI-powered social ecosystem designed to empower users with intelligent tools for content creation, interaction, and community building. Through its integration of blockchain technology and AI models, Imagen Network fosters a transparent, scalable, and highly personalized user experience.
Media Contact
Dorothy Marley
KaJ Labs
+1 707-622-6168
[email protected]
Social Media
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262311

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
PwC India plans to create 20,000 additional jobs in next five years
PwC India has unveiled plans to increase its employee base to 50,000 over the next five years with the creation of 20,000 new jobs. The company announced its Vision 2030 approach with a target of tripling its revenue within five years. This plan includes a commitment to invest more than 5% of annual revenues in technology and innovation. The firm intends to concentrate on several key areas, such as digital transformation, sustainability, risk management, cloud computing, and cybersecurity, to assist clients in adapting to ongoing changes in the business landscape. PwC India perceives the forthcoming five years as a crucial time for the country to influence its future, aligning its goals with the broader national vision of 'Kal Ka Bharat.' The firm's strategy aims to support India's development while pursuing its own growth. The firm plans to allocate 1% of its revenues to employee training and development. It is also looking to expand its operations into Tier 2 and 3 cities, focusing on sector-specific and digital skills to promote local economic growth. Additionally, PwC India aims to enhance its social contributions through the PwC India Foundation, with a target to impact more than 500,000 lives by 2030. The firm's growth strategy is centred around six primary sectors: financial services, healthcare, industrial manufacturing, automotive, technology, and media and telecom. These sectors are seen as having significant potential for transformative change. PwC India will also explore emerging sectors to establish an early foothold. The firm acknowledges that future success will require significant changes in business models and operations. As such, it is transitioning from a traditional service provider to a more modern, delivery-oriented organisation, leveraging sector expertise and advanced technologies. Continued investment in regional delivery centres and centres of excellence is part of this strategy, aimed at improving service delivery for both domestic and international clients. With operations in all major Indian cities, nearly 900 partners, and a workforce of 30,000, PwC India is focused on maintaining a steady growth trajectory, having experienced consistent growth over the past four years. "PwC India plans to create 20,000 additional jobs in next five years" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
36 minutes ago
- Yahoo
World's most indebted company, China Evergrande, delisted from Hong Kong stock exchange
Evergrande, once China's second-largest property developer and now the world's most indebted company, said on Tuesday it will be delisted from the Hong Kong stock exchange on 25 August. The company, founded in 1996, grew on a wave of debt-fuelled expansion by aggressively borrowing to buy land and build projects. It later diversified into wealth management, electric vehicles, theme parks, bottled water and even a soccer club. Delisting in Hong Kong Evergrande was the world's most heavily indebted real estate developer, with over $300 billion (€257.1bn) owed to banks and bondholders, when the court handed down a liquidation order in January 2024. The court had ruled that the company had failed to provide a viable restructuring plan for its debts, which fuelled fears about China's rising debt burden, and trading of its shares has been halted since the ruling. The Hong Kong stock exchange stipulates that the listing of companies may be cancelled if trading in their securities has remained suspended for 18 months consecutively. China Evergrande Group received a letter on 8 August from the city's stock exchange notifying the firm of its decision to cancel the listing as trading had not resumed by 28 July. The last day of the listing will be 22 August and Evergrande will not apply for a review of the decision, the company said in a statement. 'All shareholders, investors and potential investors of the company should note that after the last listing date, whilst the share certificates of the shares will remain valid, the shares will not be listed on, and will not be tradeable on the Stock Exchange," the statement said. Related Half of trucks produced at Scania's €2bn production site in China will be exported Russian stocks climb ahead of Trump-Putin summit on Friday A trouble-ridden sector Evergrande is among scores of developers that defaulted on debts after Chinese regulators cracked down on excessive borrowing in the property industry in 2020. Unable to obtain financing, their vast obligations to creditors and customers became unsustainable. The crackdown also tipped the property industry into crisis, dragging down the world's second-largest economy and rattling financial systems in and outside China. Once among the nation's strongest growth engines, the industry is struggling to exit a prolonged downturn. House prices in China have continued to fall even after the introduction of supportive measures by policymakers. The Hong Kong court system has been dealing with liquidation petitions against several Chinese property developers, including one of the largest Chinese real estate companies, Country Garden, which is expected to have another hearing in January. China South City Holdings, a smaller property developer, was also ordered to liquidate on Monday. Evergrande, founded in the mid-1990s by Hui Ka Yan, also known as Xu Jiayin, had over 90% of its assets on the Chinese mainland, according to the 2024 ruling. The firm was listed in Hong Kong in 2009 as 'Evergrande Real Estate Group' and suspended its share trading on 29 January 2024, at 0.16 Hong Kong dollars (€0.017). The liquidators said they have assumed control of over 100 companies within the group and entities under their direct management control with collective assets valued at $3.5 billion (€2.99bn) as of 29 January 2024. They said an estimate of the amounts that may ultimately be realised from these entities wasn't available yet. About $255 million (€218.5m) worth of assets have been sold, the liquidators said, calling the realisation 'modest." 'The liquidators believe that a holistic restructuring will prove out of reach, but they will, of course, explore any credible possibilities in this regard that may present themselves,' they said. Hui, Evergrande's founder, was detained in China in September 2023 on suspicion of committing crimes, adding to the company's woes. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
37 minutes ago
- Yahoo
Get rich quick: Vietnam wants to become Asia's next 'tiger economy' - here's how
Beneath red banners and a gold bust of revolutionary leader Ho Chi Minh in Hanoi's central party school, Communist Party chief To Lam declared the arrival of 'a new era of development' late last year. The speech was more than symbolic—it signalled the launch of what could be Vietnam's most ambitious economic overhaul in decades. Vietnam aims to get rich by 2045 and become Asia's next 'tiger economy'—a term used to describe the earlier ascent of countries like South Korea and Taiwan. The challenge ahead is steep: Reconciling growth with overdue reforms, an ageing population, climate risks and outdated institutions. There's added pressure from President Donald Trump over Vietnam's trade surplus with the US, a reflection of its astounding economic trajectory. In 1990, the average Vietnamese could afford about $1,200 (€1,025) worth of goods and services a year, adjusted for local prices. Today, that figure has risen by more than 13 times to $16,385 (€13,995). Vietnam's transformation into a global manufacturing hub with shiny new highways, high-rise skylines and a booming middle class has lifted millions of its people from poverty, similar to China. But its low-cost, export-led boom is slowing and it faces a growing obstacle to its proposed reforms—expanding private industries, strengthening social protections and investing in technology and green energy—from climate change. 'It's all hands on deck. . . . We can't waste time anymore," said Mimi Vu of the consultancy Raise Partners. The export boom can't carry Vietnam forever Investment has soared, driven partly by US-China trade tensions, and the US is now Vietnam's biggest export market. Once-quiet suburbs have been replaced with industrial parks where trucks rumble through sprawling logistics hubs that serve global brands. Vietnam ran a $123.5 billion (€105bn) trade surplus with the US trade in 2024, angering Trump, who threatened a 46% US import tax on Vietnamese goods. The two sides appear to have settled on a 20% levy, and twice that for goods suspected of being transshipped, or routed through Vietnam to avoid US trade restrictions. During negotiations with the Trump administration, Vietnam's focus was on its tariffs compared to those of its neighbours and competitors, said Daniel Kritenbrink, a former US ambassador to Vietnam. 'As long as they're in the same zone, in the same ballpark, I think Vietnam can live with that outcome," he said. But he added that questions remain over how much Chinese content in those exports might be too much and how such goods will be taxed. Vietnam was preparing to shift its economic policies even before Trump's tariffs threatened its model of churning out low-cost exports for the world, aware of what economists call the 'middle-income trap,' when economies tend to plateau without major reforms. To move beyond that, South Korea bet on electronics, Taiwan on semiconductors, and Singapore on finance, said Richard McClellan, founder of the consultancy RMAC Advisory. But Vietnam's economy today is more diverse and complex than those countries were at the time and it can't rely on just one winning sector to drive long-term growth and stay competitive as wages rise and cheap labour is no longer its main advantage. It needs to make 'multiple big bets,' McClellan said. Related Warning signs in Europe's job market: Workers now brace for tariff effects World's most indebted company, China Evergrande, delisted from Hong Kong stock exchange Vietnam's game plan Following China's lead, Vietnam is counting on high-tech sectors like computer chips, artificial intelligence and renewable energy, providing strategic tax breaks and research support in cities like Hanoi, Ho Chi Minh City, and Danang. It's also investing heavily in infrastructure, including civilian nuclear plants and a $67 billion (€57bn) North–South high-speed railway, that will cut travel time from Hanoi to Ho Chi Minh City to eight hours. Vietnam also aspires to become a global financial center. The government plans two special financial centres in bustling Ho Chi Minh City and in the seaside resort city of Danang, with simplified rules to attract foreign investors, tax breaks, support for financial tech startups, and easier ways to settle business disputes. Underpinning all of this is institutional reform. Ministries are being merged, low-level bureaucracies have been eliminated and Vietnam's 63 provinces will be consolidated into 34 to build regional centres with deeper talent pools. Private business to take the lead Vietnam is counting on private businesses to lead its new economic push—a seismic shift from the past. In May, the Communist Party passed Resolution 68. It calls private businesses the 'most important force' in the economy, pledging to break away from domination by state-owned and foreign companies. So far, large multinationals have powered Vietnam's exports, using imported materials and parts and low cost local labour. Local companies are stuck at the low-end of supply chains, struggling to access loans and markets that favoured the 700-odd state-owned giants, from colonial-era beer factories with arched windows to unfashionable state-run shops that few customers bother to enter. 'The private sector remains heavily constrained," said Nguyen Khac Giang of Singapore's ISEAS–Yusof Ishak Institute. Again emulating China, Vietnam wants 'national champions' to drive innovation and compete globally, not by picking winners, but by letting markets decide. The policy includes easier loans for companies investing in new technology, priority in government contracts for those meeting innovation goals, and help for firms looking to expand overseas. Even mega-projects like the North-South High-Speed Rail, once reserved for state-run giants, are now open to private bidding. By 2030, Vietnam hopes to elevate at least 20 private firms to a global scale. But Giang warned that there will be pushback from conservatives in the Communist Party and from those who benefit from state-owned firms. Related Half of trucks produced at Scania's €2bn production site in China will be exported Russian stocks climb ahead of Trump-Putin summit on Friday A Closing Window from climate change Even as political resistance threatens to stall reforms, climate threats require urgent action. After losing a major investor over flood risks, Bruno Jaspaert knew something had to change. His firm, DEEP C Industrial Zones, houses more than 150 factories across northern Vietnam. So it hired a consultancy to redesign flood resilience plans. Climate risk is becoming its own kind of market regulation, forcing businesses to plan better, build smarter, and adapt faster. 'If the whole world will decide it's a can go very fast,' said Jaspaert. When Typhoon Yagi hit last year, causing $1.6 billion (€1.4bn) in damage, knocking 0.15% off Vietnam's GDP and battering factories that produce nearly half the country's economic output, roads in DEEP C industrial parks stayed dry. Climate risks are no longer theoretical: If Vietnam doesn't take strong action to adapt to and reduce climate change, the country could lose 12–14.5% of its GDP each year by 2050, and up to one million people could fall into extreme poverty by 2030, according to the World Bank. Meanwhile, Vietnam is growing old before it gets rich. The country's 'golden population' window—when working-age people outnumber dependents—will close by 2039 and the labour force is projected to peak just three years later. That could shrink productivity and strain social services, especially since families—and women in particular—are the default caregivers, said Teerawichitchainan Bussarawan of the Centre for Family and Population Research at the National University of Singapore. Vietnam is racing to pre-empt the fallout by expanding access to preventive healthcare so older adults remain healthier and more independent. Gradually raising the retirement age and drawing more women into the formal workforce would help offset labour gaps and promote "healthy ageing,' Bussarawan said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data