Latest news with #DLT
Khaleej Times
3 days ago
- Business
- Khaleej Times
Changer and Bitgrit partner to advance AI-on-chain innovation in Abu Dhabi
Abu Dhabi's drive to be a global tech leader took another leap forward today as Changer, a secure digital asset custodian and Bitgrit, a global startup working to democratize AI, signed a landmark partnership. This partnership is set to dramatically advance the Distributed Ledger Technology (DLT) Foundation ecosystem in Abu Dhabi Global Market (ADGM), demonstrating how partnerships between regulated entities within a progressive jurisdiction can unlock new frontiers for 'AI-on-chain' technology. Changer, known for its ultra-secure custody platform for managing digital money and assets, will join forces with Bitgrit, which leverages its global network of over 40,000 AI developers to enable companies to crowdsource and license innovative AI solutions. Together, they aim to power a decentralized AI economy where developers, enterprises, and institutions can securely build, monetise, and trade AI models on the blockchain, right here in Abu Dhabi. Wang Hao, CEO of Changer, stated: 'This is a pivotal moment. Changer is dedicated to supporting ADGM's DLT Foundation – the world's first comprehensive framework for blockchain foundations, DAOs, and Web3 entities. We provide secure, regulated digital asset custody and a seamless infrastructure for tokenized ecosystems. With Bitgrit, we are forging new standards for transparency, efficiency, and global cooperation in the digital age.' The partnership will initially see Changer provide custody services for Bitgrit's native BGR tokens. It will then expand to secure AI models and datasets tokenized on Bitgrit's BGR Network. This capability is crucial for creating smooth and secure interactions between traditional finance, cryptocurrency, and the burgeoning AI economy, boosting security, transparency, and worldwide appeal. Kazuya Saginawa, CEO of Bitgrit, underscored the partnership's strategic vision: 'Teaming up with Changer is a game-changer for Bitgrit. Their trusted custody solutions allow us to confidently scale our decentralized AI ecosystem and position Bitgrit as a pioneer in the AI-on-chain revolution. This alliance solidifies our mission to securely bring advanced AI onto the blockchain, which will create immense value for developers, businesses, and investors across the globe.' The CEOs of both Bitgrit and Changer signed the Memorandum of Understanding at the ADGM Academy in front of an influential audience of over 50 industry leaders, including notable figures like Manabu Hosonuma, the Consul of Japan in Dubai, and Dmitry Fedetov, the Head of DLT Foundations at ADGM. Dmitry Fedetov commented on Linkedin: 'Witnessing the MoU signing between and Bitgrit DLT Foundation was an absolute pleasure! At ADGM, we champion synergies between ecosystem participants to drive meaningful innovation. Partnerships like this powerfully demonstrate how cooperation can shape the future of decentralized technologies, AI integration, and sustainable digital transformation. We wish both teams immense success on this exciting venture.' The event also served as an official announcement for the launch of the BGR Network by Bitgrit's COO Saksham Kukreja. The BGR Network is a purpose-built blockchain ecosystem for AI applications. It allows AI models and datasets to be securely tokenized, owned, and traded on-chain, offering unprecedented transparency, ownership, and monetization avenues for AI creators and enterprises. Its ability to connect with other established blockchain systems makes it a pioneering infrastructure for the next wave of AI development. Saksham Kukreja added, 'Our collaboration with Changer is fundamental to establishing a trusted, secure, and regulatory-compliant AI economy on the blockchain. This is not only a major achievement for Bitgrit but also a compelling example for the global Web3 community of how regulated partnerships in progressive jurisdictions like ADGM can catalyze sustainable and truly impactful innovation.' The cooperation between these two regulated firms within ADGM underscores how supportive regulatory environments can powerfully drive innovation, further cementing Abu Dhabi's position as a global leader in the advancement of blockchain and artificial intelligence.
Yahoo
15-05-2025
- Business
- Yahoo
RI unemployment rate, job numbers ticked up in April
CRANSTON, R.I. (WPRI) — Rhode Island's unemployment rate and number of jobs added slightly increased last month, according to the R.I. Department of Labor and Training (DLT). DLT data showed the state had a 4.9% unemployment rate in April, increasing 0.1% from March's number. MORE: RI unemployment rate, jobs increased slightly in March Rhode Island's unemployment rate once again was higher than the national figure, which held at 4.2%. The state added 300 jobs during April. Approximately 559,200 Rhode Islanders are employed, a decrease of 1,200 from March. Download the and apps to get breaking news and weather alerts. Watch or with the new . Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Wire
13-05-2025
- Business
- Business Wire
GTJAI Officially Launches Tokenised Securities Business
HONG KONG--(BUSINESS WIRE)-- Guotai Junan International Holdings Limited ('GTJAI', the 'Company' or the 'Group', stock code: a company of Guotai Haitong Group, actively responded to the market trend by submitting its business plans for the distribution business of tokenised securities and digital bond issuance business in accordance with the 'Circular on Intermediaries Engaging Tokenised Securities-related Activities' issued by the Hong Kong Securities and Futures Commission , which have been confirmed by the regulatory authority on no further questions, marking the milestone of the Group's opening of the digital securities business. Wealth Management: expanding distribution of tokenised securities and providing advice services GTJAI filed a wealth management-related business plan with the Hong Kong Securities and Futures Commission on 21 January 2025, intending to distribute and advise clients on tokenised securities on top of the original securities trading basis. The types of tokenised securities covered by the plan include structured products linked to multiple underlying assets (e.g., structured notes and over-the-counter derivatives), SFC-approved funds and other funds and bonds. The Hong Kong Securities and Futures Commission issued a confirmation email on 7 May 2025 with no further questions on the plan. Debt Capital Markets: exploring the full chain of tokenised bond issuance services In order to better meet the market development and provide alternative issuance solutions to clients, GTJAI has submitted to the Hong Kong Securities and Futures Commission a business plan for digital bond issuance based on the original bond issuance business, and will be able to serve clients as the overall coordinator, syndicated capital market intermediary or settlement agent in digital bond issuance projects in the future. The Hong Kong Securities and Futures Commission has confirmed on 2 April 2025 that it has no further questions on the plan. Empowering traditional business with technology to strengthen market competitiveness Tokenisation generally involves the process of recording claims on assets that exist on a traditional ledger onto a programmable platform, which includes the use of distributed ledger technology (DLT e.g., blockchain) in the security lifecycle. GTJAI's launch of the tokenised securities business demonstrates its forward-looking strategy and outstanding professional capabilities as a leading Chinese financial institution in Hong Kong, which is an important move for the Group to embrace innovative financial technology and respond to market demand. Through deep integration of DLT technology into the entire process of securities issuance, trading and custody, the Group will not only upgrade the intelligence of its business processes and enhance operational efficiency and transparency, but also create customized asset allocation solutions for investors with different risk preferences, thereby continuously enhancing the Group's competitiveness in the market through differentiated and innovative products. About GTJAI Guotai Junan International ('GTJAI', Stock Code: a company of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI's business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes brokerage, corporate finance, asset management, loans and financing, financial products, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance) and investment management. GTJAI has been assigned 'Baa2' and 'BBB+' long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG 'A' rating, Wind ESG 'A' rating and SynTao Green Finance 'A' rating in ESG. Additionally, its S&P Global ESG score leads 84% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China's capital markets. For more information about GTJAI, please visit
Yahoo
13-05-2025
- Business
- Yahoo
GTJAI Officially Launches Tokenised Securities Business
HONG KONG, May 13, 2025--(BUSINESS WIRE)--Guotai Junan International Holdings Limited ("GTJAI", the "Company" or the "Group", stock code: a company of Guotai Haitong Group, actively responded to the market trend by submitting its business plans for the distribution business of tokenised securities and digital bond issuance business in accordance with the "Circular on Intermediaries Engaging Tokenised Securities-related Activities" issued by the Hong Kong Securities and Futures Commission , which have been confirmed by the regulatory authority on no further questions, marking the milestone of the Group's opening of the digital securities business. Wealth Management: expanding distribution of tokenised securities and providing advice services GTJAI filed a wealth management-related business plan with the Hong Kong Securities and Futures Commission on 21 January 2025, intending to distribute and advise clients on tokenised securities on top of the original securities trading basis. The types of tokenised securities covered by the plan include structured products linked to multiple underlying assets (e.g., structured notes and over-the-counter derivatives), SFC-approved funds and other funds and bonds. The Hong Kong Securities and Futures Commission issued a confirmation email on 7 May 2025 with no further questions on the plan. Debt Capital Markets: exploring the full chain of tokenised bond issuance services In order to better meet the market development and provide alternative issuance solutions to clients, GTJAI has submitted to the Hong Kong Securities and Futures Commission a business plan for digital bond issuance based on the original bond issuance business, and will be able to serve clients as the overall coordinator, syndicated capital market intermediary or settlement agent in digital bond issuance projects in the future. The Hong Kong Securities and Futures Commission has confirmed on 2 April 2025 that it has no further questions on the plan. Empowering traditional business with technology to strengthen market competitiveness Tokenisation generally involves the process of recording claims on assets that exist on a traditional ledger onto a programmable platform, which includes the use of distributed ledger technology (DLT e.g., blockchain) in the security lifecycle. GTJAI's launch of the tokenised securities business demonstrates its forward-looking strategy and outstanding professional capabilities as a leading Chinese financial institution in Hong Kong, which is an important move for the Group to embrace innovative financial technology and respond to market demand. Through deep integration of DLT technology into the entire process of securities issuance, trading and custody, the Group will not only upgrade the intelligence of its business processes and enhance operational efficiency and transparency, but also create customized asset allocation solutions for investors with different risk preferences, thereby continuously enhancing the Group's competitiveness in the market through differentiated and innovative products. About GTJAI Guotai Junan International ("GTJAI", Stock Code: a company of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI's business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes brokerage, corporate finance, asset management, loans and financing, financial products, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance) and investment management. GTJAI has been assigned "Baa2" and "BBB+" long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG "A" rating, Wind ESG "A" rating and SynTao Green Finance "A" rating in ESG. Additionally, its S&P Global ESG score leads 84% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China's capital markets. For more information about GTJAI, please visit View source version on Contacts ir@ 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
Saudi Gazette
12-05-2025
- Business
- Saudi Gazette
3.6 million infringing intellectual property materials seized and 34,000 websites blocked in 2024
Saudi Gazette report RIYADH — The Saudi Authority for Intellectual Property (SAIP) revealed the seizure of 3.6 million infringing materials, in addition to the blocking and removal of approximately 34,000 infringing websites in 2024. This was achieved through 20,000 inspection tours carried out in 51 cities across the Kingdom to protect rights, promote compliance, and safeguard creative rights. In its 2024 annual report, the authority said that the removal of violating websites took place within just 50 minutes, demonstrating its technical readiness and professionalism in combating violations. During the same period, the SAIP received 52,400 trademark applications, recording a 16 percent growth over the previous year, in addition to 8,000 patent applications, 2,500 copyright applications, a growth of over 63 percent, and 2,100 design applications. The acceleration of processing procedures contributed to the completion of some applications in just one day, making the Kingdom one of the fastest IP offices in the world. In the field of training and awareness, more than 25,000 trainees benefited from the Intellectual Property Academy's programs. The rate of intellectual property awareness increased to 65.8 percent, an increase of 16.9 percent over the previous year. The authority also provided advisory and guidance services to 6,000 beneficiaries through its IP clinics. On the international level, Saudi Arabia has strengthened its position as an international intellectual property center. The SAIP began its work as an International Searching and Preliminary Examining Authority under the Patent Cooperation Treaty (PCT/ISA/IPEA) and adopted the Riyadh Design Law Treaty (DLT) during the Diplomatic Conference on the DLT, held in Riyadh from November 11 to 22, 2024. An international trust fund was established in cooperation with the World Intellectual Property Organization (WIPO). Around 2000 participants from 75 countries have benefited from the authority's programs. The SAIP has achieved a 94 percent score on the Procedures Documentation Index, achieved a 79 percent beneficiary satisfaction rate, and employee engagement reached 83 percent, in a work environment that strives for leadership and continuous development.
