Latest news with #SocialImpact
Globe and Mail
6 days ago
- Business
- Globe and Mail
Wowbit (WWB) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands--(Newsfile Corp. - July 24, 2025) - LBank Exchange, a leading global digital asset trading platform, officially listed Wowbit (WWB) on July 24, 2025, at 09:00 (UTC). The WWB/USDT trading pair will be accessible at: To view an enhanced version of this graphic, please visit: Introducing Wowoo: Blockchain-Powered Token Ecosystem for Social Impact Wowoo is a next-generation token protocol designed to translate social impact into digital value. In a world where currencies represent profit and power, Wowoo introduces WWB (Wowbit Token) - a token representing Proof of Goodness. It enables communities, NGOs, brands, and even governments to recognize, quantify, and circulate goodwill as an economic asset. Key Features and Applications Proof of Goodness (PoG): A novel verification model rewarding acts of social contribution rather than computational power. Burn-to-Give Mechanism: Utility of WWB tokens triggers a token burn mechanism, donating value to verified causes, creating on-chain ESG actions. Stake-to-Support Model: Brands and sponsors can stake WWB to support projects, replacing traditional advertising with social proof staking. Currency as a Service (CaaS): A modular infrastructure allowing institutions to launch custom community currencies, backed by Wowoo ecosystem. Empowering a Human-Centric Blockchain Ecosystem Unlike most tokens driven by speculation, Wowoo's value comes from verifiable, meaningful action. It is not just a digital currency - it is a system of ethical signaling, reputation exchange, and impact-driven liquidity. With an embedded social layer, Wowoo avoids greenwashing by making every token movement traceable to real-world goodwill. Backed by strong B2B strategic capabilities and global partnerships, Wowoo is positioned to become a protocol of choice for social-value tokenization in the emerging reputation economy. WWB Token Utility and Ecosystem Role WWB serves as the fuel and proof unit within the Wowoo ecosystem. It is used for: Its supply is fixed, deflationary through burns, and distribution is designed to support long-term alignment between participants, validators, and contributors. Strategic Vision and Roadmap WOWOO envisions a world where doing good becomes economically viable. Key roadmap stages include: Learn More about Wowoo (WWB) About LBank Founded in 2015, LBank is a top crypto exchange offering financial derivatives, asset management, and secure trading. With over 15 million users across 210+ regions, LBank ranks in the top 20 for spot trading and top 15 for derivatives trading globally, ensuring fund integrity and supporting global crypto adoption. Community & Social Media: Telegram Twitter Facebook LinkedIn Instagram YouTube Press contact: press@ Business Contact: LBK Blockchain Co. Limited LBank Exchange marketing@ business@
Globe and Mail
7 days ago
- Business
- Globe and Mail
LBank Exchange Will List Wowbit (WWB)
Road Town, British Virgin Islands--(Newsfile Corp. - July 23, 2025) - LBank Exchange, a leading global digital asset trading platform, will officially list Wowbit (WWB) on July 24, 2025, at 07:00 (UTC). The WWB/USDT trading pair will be accessible at: WWB Listing Banner To view an enhanced version of this graphic, please visit: Introducing Wowoo: Blockchain-Powered Token Ecosystem for Social Impact Wowoo is a next-generation token protocol designed to translate social impact into digital value. In a world where currencies represent profit and power, Wowoo introduces WWB (Wowbit Token) - a token representing Proof of Goodness. It enables communities, NGOs, brands, and even governments to recognize, quantify, and circulate goodwill as an economic asset. Key Features and Applications Proof of Goodness (PoG): A novel verification model rewarding acts of social contribution rather than computational power. Burn-to-Give Mechanism: Utility of WWB tokens triggers a token burn mechanism, donating value to verified causes, creating on-chain ESG actions. Stake-to-Support Model: Brands and sponsors can stake WWB to support projects, replacing traditional advertising with social proof staking. Currency as a Service (CaaS): A modular infrastructure allowing institutions to launch custom community currencies, backed by Wowoo ecosystem. Empowering a Human-Centric Blockchain Ecosystem Unlike most tokens driven by speculation, Wowoo's value comes from verifiable, meaningful action. It is not just a digital currency - it is a system of ethical signaling, reputation exchange, and impact-driven liquidity. With an embedded social layer, Wowoo avoids greenwashing by making every token movement traceable to real-world goodwill. Backed by strong B2B strategic capabilities and global partnerships, Wowoo is positioned to become the protocol of choice for social-value tokenization in the emerging reputation economy. WWB Token Utility and Ecosystem Role WWB serves as the fuel and proof unit within the Wowoo ecosystem. It is used for: Its supply is fixed, deflationary through burns, and distribution is designed to support long-term alignment between participants, validators, and contributors. Strategic Vision and Roadmap WOWOO envisions a world where doing good becomes economically viable. Key roadmap stages include: Q3 2025: MVP launch of Burn-to-Give and Stake-to-Support modules Q4 2025: Social impact resume "Wowoo Portal" app release 2026: Initial NGO partnerships + CaaS pilot programs Learn More about Wowoo (WWB) About LBank Founded in 2015, LBank is a top crypto exchange offering financial derivatives, asset management, and secure trading. With over 15 million users across 210+ regions, LBank ranks in the top 20 for spot trading and top 15 for derivatives trading globally, ensuring fund integrity and supporting global crypto adoption. Leveraging its acute market insight and expertise, LBank always takes the lead in spotting and listing Alpha altcoins. The platform was among the first to list popular gem coins like BONK, BOME, and FLOKI, as well as emerging favorites like NEIRO, MOODENG, GOATSEUS, and PNUT, offering impressive returns to investors. Start Trading Now: Community & Social Media: Telegram Twitter Facebook LinkedIn Instagram YouTube Press contact: press@ Business Contact: LBK Blockchain Co. Limited LBank Exchange marketing@ business@
IOL News
23-07-2025
- Business
- IOL News
Environmental concerns arise as Shell gains approval for oil drilling
Shell plans to drill exploration or appraisal wells in the Northern Cape Ultra Deep Block in the Orange Basin. Image: Reuters SHOULD viable resources be found from drilling up to five exploration and/or appraisal wells within the Northern Cape Ultra Deep (NCUD) block, this could significantly contribute to South Africa's energy security and the government's economic development programmes, says oil giant Shell. However, environmental activists have decried the decision to grant the company an Environmental Authorisation to drill, saying the promise of development was nothing new while environmental destruction, the hardships of communities and towns becoming ghost towns when mining activities end are lived experiences. The five exploration and/or appraisal wells within NCUD block are 300km offshore, in water depths of 2500m - 3200m. 'As part of this process, an Environmental and Social Impact Assessment was completed following widespread community engagements. South Africa is currently reliant on energy imports for many of its energy viable resources be found offshore, this could significantly contribute to South Africa's energy security and the government's economic development programmes,' said Shell spokesperson Pam Ntaka. Citing the devastation caused by a recent oil spill on the West Coast, activists speaking on behalf of fishing communities, said this provided a glimpse of the devastation an oil spill can cause. 'Forty kilometres of West Coast beaches were polluted, fishermen could not go out to fish for three months, and marine life and livelihoods were severely impacted. The government has no regard for the people, as many fisher communities, environmental activists and organisations have appealed and opposed the application. The false promise of development we heard before, but the only thing we see is environmental destruction, the hardships of communities and towns becoming ghost towns when mining activities end,' said Ubuntu Rural Women and Youth Movement's Wendy Pekeur. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Environmental justice organisation, The Green Connection said oil spills were not limited to what floats on the surface. It can travel through the entire water column, contaminating ecosystems and affecting fish health and behaviour. 'One of our key concerns is the reliance on the Saldanha Bay oil spill response 'stack,' which is designed for shallow water incidents and may not be appropriate or effective at ultra-deep levels. If something goes wrong at these depths, the consequences could be catastrophic and irreversible. Fish may migrate away or become unsafe to consume, leaving small-scale fishers without catch and income. In addition, the chemical impact of oil can kill off plankton – the foundation of the marine food chain – with widespread implications for ocean health,' said the organisation. The Department of Forestry, Fisheries and the Environment said their Department of Mineral and Petroleum Resources (DMRE) counterparts were the competent authority to grant the green light for Shell. DFFE spokesperson, Peter Mbelengwa, could not respond to further questions on concerns over the impact of oil spills and pollution on marine life and livelihoods, as well as community consultation. 'The matter is sub judice and therefore the Department cannot provide any comment at this stage'. The DMRE did not respond to requests for comment by deadline. Cape Times
Associated Press
21-07-2025
- Business
- Associated Press
How Reliance Rallied 13,700 Teammates — and Smashed Every CSR Benchmark in Just 7 Weeks
How Reliance rallied 13,700 teammates — and smashed every CSR benchmark in just 7 weeks In 2023, metal-solutions leader Reliance, Inc. set out to unify its 75-plus subsidiaries and largely desk-less workforce behind a single giving platform. With only 1.3 full-time CSR staff, the odds looked steep… until the numbers rolled in: What moved the needle? The pay-off? New cross-site relationships, a culture of shared pride, and subsidiaries empowered to launch their own local impact projects. Ready to replicate the playbook?Grab the Reliance case study for to see the tips and lessons learned that dismantled barriers and ignited a company-wide giving movement. #RelianceCares #CSR #EmployeeGiving #SocialImpact #CaseStudy Visit 3BL Media to see more multimedia and stories from Realized Worth
Business Wire
08-07-2025
- Business
- Business Wire
Novata Announces Collaboration with Microsoft to Scale Sustainability Solutions for SMEs Globally
NEW YORK--(BUSINESS WIRE)-- Novata, the private markets' sustainability management partner, today announced a collaboration with Microsoft. Novata will leverage Microsoft Azure AI Foundry - including Azure AI Search - and Microsoft Fabric to unlock new efficiencies and capabilities in its sustainability solutions, data management and reporting process for businesses globally, giving small and mid-sized Microsoft customers and supply chain partners access to Novata's pioneering sustainability technology solutions. Collaboration Highlights: Expand Access to Novata's Platform: Microsoft will become a key sales partner for Novata across its SME channel, making it easier for businesses to access Novata's platform and solutions, including the Carbon Navigator. Co-Develop AI Technology: Novata and Microsoft will co-develop a range of AI-powered tools to simplify sustainability data collection and reporting for clients, as well as drive value creation. Strengthen Supply Chain Reporting: Novata will help Microsoft suppliers meet their climate reporting obligations, providing companies with the tools needed to track, manage, and report sustainability metrics with greater accuracy, efficiency and affordability. 'We are excited to deepen our relationship with Microsoft, a company that has not only revolutionized productivity but has also been a leader in addressing the climate crisis and leveraging AI for good,' said Alex Friedman, CEO and Co-Founder of Novata. 'This collaboration expands our global reach and strengthens our commitment to providing trusted technology that simplifies sustainability data management, helping companies unlock growth opportunities and enhance their resilience in a rapidly changing world.' Since its commercial launch in April 2022, Novata has experienced significant global demand for its all-in-one solution for sustainability data management, carbon accounting, regulatory reporting, and advisory services. Novata's platform is trusted and used by hundreds of GPs in private equity, growth equity, private credit, and venture capital, and more than 10,000 companies in all major geographies. Novata's clients manage over $12 trillion in assets. "We believe that addressing climate change is both a responsibility and an important business opportunity," said Jeremy Pitman, Director of Partner Development, Digital Natives and ISVs – Tech for Social Impact at Microsoft. "Our collaboration with Novata will enable a key segment of our clients to seamlessly and affordably integrate cutting-edge sustainability technology into their operations, empowering them to reduce their carbon footprints and meet their emissions goals.' Novata has been a portfolio company of Microsoft's Climate Innovation Fund (CIF) since 2023, reinforcing the alignment of Novata's mission with Microsoft's commitment to advancing sustainability solutions. CIF is dedicated to accelerating the development and deployment of new climate innovations through both equity and debt capital. As a certified B-Corp and Public Benefit Corporation, Novata is on a mission to empower private markets to achieve a more sustainable and inclusive form of capitalism. To learn more about the collaboration, visit Novata's website and follow Novata on LinkedIn to keep up with the company's latest news and insights. About Novata Novata is the private markets' sustainability management partner. We empower hundreds of investment firms and over 10,000 companies to achieve their sustainability goals with our trusted data management platform and advisory practice—because it's good for business and it's good for the planet. Learn more at
