Latest news with #Web3
Leaders
a day ago
- Business
- Leaders
Saudi Arabia: The Next Silicon Valley of the Middle East
Saudi Arabia is rapidly positioning itself as the Middle East's Silicon Valley, with a $40 billion AI investment push, aiming to transform the country into a competitive innovation hub. Consequently, it is attracting a large-scale influx of global talent as the Saudi government is partnering directly with global leaders in new-age tech to form the bedrock for local innovation. Institutional alignment, sovereign capital, and regulatory clarity make the country an execution-first environment for AI and Web3 startups. The Kingdom is making strategic moves to build its own AI infrastructure through sovereign initiatives like HUMAIN which ensure data sovereignty, strategic control, and scalable impact. Moreover, they align with national values and priorities, serving as a template for emerging economies. Experts believe this approach will help countries model their digital futures instead of outsourcing them. Johanna Cabildo, CEO of D-GN, noted, 'Saudi Arabia is building infrastructure, not just regulation.' When a government funds and deploys AI across ministries, oil giants, and smart cities, it creates demand signals, attracting private innovators, fostering a vibrant tech ecosystem. Cabildo cited Saudi Aramco's engagement with US-based droppGroup as a smart measure to power local innovation. Vision 2030: A Magnet for Global AI Builders Saudi Arabia's big AI push aligns with its 'Vision 2030,' turning the country into a magnet for global AI builders. Experts say Saudi Arabia is one of the few markets with both political will and economic scale to support the next wave of AI and Web3. The Saudi market is seeing a healthy combination of technological convergence and active support from local regulators. Jaspreet Bindra, Co-founder of AI&Beyond, praised the kingdom's future-facing approach. Cabildo emphasized that clear regulations and fast onboarding frameworks will attract founders and become a launchpad for global ventures. These ventures will focus on data sovereignty, digital identity, and decentralized intelligence. The Saudi Capital Market Authority has already issued over 80 tokenization licenses, signaling a push to innovate locally. Blockchain adds the transparency and ownership that AI needs, further enhancing the tech ecosystem. From Consumers to Producers of Innovation Saudi Arabia, along with countries like the UAE, is stepping out from being a consumer of innovation to becoming a global producer. This shift could turn the kingdom into the new center of gravity for AI, where capital, talent, and emerging technologies collide. Cabildo described Saudi Arabia's $40 billion AI push as more than an investment; it's a declaration of intent to build a unique ecosystem. Collaborations such as Saudi Aramco's mega AI and blockchain deal with droppGroup are expected to significantly impact traditional sectors. In the energy sector, AI can revolutionize operations with predictive maintenance, saving billions by preventing outages. Moreover, in logistics, AI-driven systems will streamline supply chains, cutting delays at ports like Jeddah. In education, AI will personalize learning, equipping students for a digital economy. The real transformation will be in the workforce, with Vision 2030's Human Capability Development Programme shifting workers from routine tasks to knowledge-driven roles. Deals like the Aramco-droppGroup collaboration fuel this shift, creating demand for data scientists, AI engineers, and innovation managers. These roles are critical to a diversified economy. With such moves, Saudi Arabia aims to generate thousands of tech jobs by 2030, reducing oil dependency. Short link : Post Views: 13
Globe and Mail
a day ago
- Business
- Globe and Mail
LiquidLink Announces Availability for Meetings During XRP Las Vegas 2025 and Provides Strategic Update on the Xrpfy Platform
Vancouver, BC, May 30, 2025 (GLOBE NEWSWIRE) -- LiquidLink AI Corp., a Web3 analytics and infrastructure company, today announced its availability for meetings during XRP Las Vegas, taking place on May 30–31, 2025. The company invites developers, partners, and investors to connect during the event to explore collaboration opportunities around its flagship product suite, Xrpfy. Introducing Xrpfy: A Self-Custody-First Discovery and Analytics Platform for XRPL Xrpfy is a next-generation discovery and analytics platform purpose-built for the XRP Ledger (XRPL). Designed to empower users through self-custody tools, Xrpfy operates fully client-side— except for its discovery engine —and does not take custody of assets or facilitate trades. Key features of the Xrpfy platform include: Discovery Engine: Search for Real World Assets (RWAs), stablecoins, and a wide range of Web3 tokens issued on XRPL. DEX Intelligence: Discover potentially cost-efficient trading routes and arbitrage opportunities across the XRPL decentralized exchange (DEX) and automated market makers (AMMs). Xrpfy uses available market data to estimate trading paths to the best of its analytical ability, but does not guarantee the lowest possible cost or execution. Pure Self-Custody Tools: Navigate XRPL directly— LiquidLink does not custody funds or mediate transactions. All tools are provided for independent, user-controlled activity. RWA-Focused Launchpad: A self-custody launch and asset management interface, designed for issuers and dealers of tokenized RWAs. The platform offers optional integrations for KYC workflows and jurisdictional compliance. LiquidLink does not issue, sell, or broker tokens —it solely provides the underlying software, leaving full control and regulatory responsibility with qualified users operating in their own jurisdictions. Tiered Launch Roadmap LiquidLink plans to launch the first version of Xrpfy by the end of Q2 2025, featuring a core set of discovery, analytics, and self-custody capabilities. Additional modules and features will roll out in a tiered manner throughout the year, with product development informed by community feedback and partner collaboration. Charting a Multi-Chain Future While LiquidLink remains focused on unlocking the full potential of XRPL, it is also preparing for a multi-chain future. Planned support includes tooling for key Bitcoin Layer 2 ecosystems: Lightning Network Liquid Network RGB Protocol Taproot Assets In addition, the company is evaluating integration with Axelar and other cross-chain technologies to enable broader interoperability for RWAs, stablecoins, and Web3 applications. About LiquidLink AI Corp. LiquidLink AI Corp. (formerly Milo Media Technologies Inc.) is a Vancouver-based Web3 infrastructure and analytics firm developing next-generation platforms for decentralized finance and digital asset ecosystems. A wholly owned subsidiary of Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988), a publicly traded investment issuer, LiquidLink builds self-custody-first tools powered by AI and advanced analytics for the Web3 and payments space.
Associated Press
a day ago
- Business
- Associated Press
WonderChain: A Real-Life Web3 Project Gaining Momentum Ahead of the 2025 Bull Market
The First Web3 Reward Ecosystem That Converts User Actions Into Assets Singapore, May 30, 2025 -- As the global crypto market prepares for a potential bull cycle in mid-2025—driven by Bitcoin halving and increasing institutional interest—projects delivering real-world applications are emerging at the center of investor focus. Among them, WonderChain is gaining increasing attention as a Web3 project that bridges blockchain with everyday life. From Travel to Commerce: A Lifestyle-Based Web3 Ecosystem WonderChain introduces a new model in the Web3 landscape by integrating travel, real-life activities, and global commerce into a single, seamless ecosystem. The project incentivizes user behavior such as location check-ins, reviews, and participation in events by rewarding them with credits or utility tokens. These rewards can then be used to purchase rare and regionally unique items through a decentralized commerce system. Unlike traditional reward platforms, WonderChain leverages blockchain infrastructure—including account abstraction and smart contract-based token mechanisms—to facilitate intuitive and accessible user flows. The service allows users to sign in with familiar Web2 credentials, eliminating the typical barriers of wallet installation or seed phrase management. Deflationary Token Economy and User-Driven Commerce WonderChain's token model is designed to support both usability and sustainability. Users can convert their earned tokens into credits for use within the ecosystem, while tokens used as gas fees within the ecosystem are automatically burned, reinforcing a deflationary structure that aims to support long-term token value. At the commerce level, product listings and curation are managed through a DAO-based participation model. User reviews and evaluations influence what is sold, shifting decision-making power from centralized operators to the community. In addition, WonderChain emphasizes the role of rarity and localization by offering limited-quantity items linked to regional identity and demand. This transforms user engagement into a new form of digital ownership and value recognition. Early Global Partnerships and Market Outlook Ahead of its beta launch slated for mid-2025, WonderChain has already begun securing strategic partnerships in Southeast Asia and other key regions. Notably, the project signed an MOU with Indonesian mobile ad platform Cashtree (with over 22 million users), and is expanding partnerships with retail group MAP, mobile payment platform Dana, and telecom provider Telkomsel. Industry experts have described WonderChain as a 'practical testbed for Web3 in everyday life,' and some recent market analyses have listed it among the top three projects expected to lead the 2025 bull market—alongside Bitcoin and Celestia. While the upcoming cycle is unlikely to be defined solely by price movements, WonderChain stands out by offering a framework where real-life actions directly translate into digital rewards and tangible commerce—bringing Web3 closer to mass adoption. Contact Info: Name: Media Relations Email: Send Email Organization: WonderChain Website: Release ID: 89160109 If you encounter any issues, discrepancies, or concerns regarding the content provided in this press release, or if there is a need for a press release takedown, we urge you to notify us without delay at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team will be available to promptly respond within 8 hours – ensuring swift resolution of identified issues or offering guidance on removal procedures. Delivering accurate and reliable information is fundamental to our mission.
Yahoo
a day ago
- Business
- Yahoo
LiquidLink Announces Availability for Meetings During XRP Las Vegas 2025 and Provides Strategic Update on the Xrpfy Platform
Vancouver, BC, May 30, 2025 (GLOBE NEWSWIRE) -- LiquidLink AI Corp., a Web3 analytics and infrastructure company, today announced its availability for meetings during XRP Las Vegas, taking place on May 30–31, 2025. The company invites developers, partners, and investors to connect during the event to explore collaboration opportunities around its flagship product suite, Xrpfy. Introducing Xrpfy: A Self-Custody-First Discovery and Analytics Platform for XRPL Xrpfy is a next-generation discovery and analytics platform purpose-built for the XRP Ledger (XRPL). Designed to empower users through self-custody tools, Xrpfy operates fully client-side—except for its discovery engine—and does not take custody of assets or facilitate trades. Key features of the Xrpfy platform include: Discovery Engine: Search for Real World Assets (RWAs), stablecoins, and a wide range of Web3 tokens issued on XRPL. DEX Intelligence: Discover potentially cost-efficient trading routes and arbitrage opportunities across the XRPL decentralized exchange (DEX) and automated market makers (AMMs). Xrpfy uses available market data to estimate trading paths to the best of its analytical ability, but does not guarantee the lowest possible cost or execution. Pure Self-Custody Tools: Navigate XRPL directly—LiquidLink does not custody funds or mediate transactions. All tools are provided for independent, user-controlled activity. RWA-Focused Launchpad: A self-custody launch and asset management interface, designed for issuers and dealers of tokenized RWAs. The platform offers optional integrations for KYC workflows and jurisdictional compliance. LiquidLink does not issue, sell, or broker tokens—it solely provides the underlying software, leaving full control and regulatory responsibility with qualified users operating in their own jurisdictions. Tiered Launch Roadmap LiquidLink plans to launch the first version of Xrpfy by the end of Q2 2025, featuring a core set of discovery, analytics, and self-custody capabilities. Additional modules and features will roll out in a tiered manner throughout the year, with product development informed by community feedback and partner collaboration. Charting a Multi-Chain Future While LiquidLink remains focused on unlocking the full potential of XRPL, it is also preparing for a multi-chain future. Planned support includes tooling for key Bitcoin Layer 2 ecosystems: Lightning Network Liquid Network RGB Protocol Taproot Assets In addition, the company is evaluating integration with Axelar and other cross-chain technologies to enable broader interoperability for RWAs, stablecoins, and Web3 applications. About LiquidLink AI Corp. LiquidLink AI Corp. (formerly Milo Media Technologies Inc.) is a Vancouver-based Web3 infrastructure and analytics firm developing next-generation platforms for decentralized finance and digital asset ecosystems. A wholly owned subsidiary of Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988), a publicly traded investment issuer, LiquidLink builds self-custody-first tools powered by AI and advanced analytics for the Web3 and payments space. Media Contact:Press & CommunicationsLiquidLink AI in to access your portfolio
Associated Press
a day ago
- Business
- Associated Press
GMTech Inc. Announces the Launch of NEW WEB3 Smartphone
HONG KONG / ACCESS Newswire / May 30, 2025 / Shenggang Excellence Limited, a wholly-owned subsidiary of global technology giant GMTECH INC. (OTC Pink:GMTH), announced that it will once again launch a new generation of Web3 native smart terminals. This new model has achieved multiple breakthroughs based on the previous generation of technology and officially entered the next stage of decentralized smart terminals. The new device integrates three core modules: DePIN (decentralized Internet of Things), DID (on-chain identity), and edge AI computing, and for the first time realizes lightweight consensus operation and multi-chain ecological compatibility under the 'hardware as node' architecture. It supports native custody of on-chain assets, encrypted communication, distributed storage links and other functions, and is committed to creating a truly 'chain-born' user operating system. Compared with the first EARSON, this product has been comprehensively upgraded in terms of processor performance, node capacity, battery life and ecological compatibility, and will be officially launched in core markets such as Asia and the Middle East. Juan Yang, CEO of GMTECH INC., said: 'We believe that the launch of this product will not only significantly promote the popularization of Web3 smart terminals, but also inspire users around the world to have a new understanding of the decentralized ecological entrance. We have observed that the Web3 and DePIN tracks are developing rapidly, and according to third-party forecasts, their overall market value is expected to exceed 10 trillion Hong Kong dollars by 2030. In response, our goal is not only to launch a device, but also to open a portal to the next generation of the Internet.' Currently, Shenggang Excellence has established a deep cooperation framework with many leading public chains, distributed payment and storage projects, and is building a complete chain ecosystem around the terminal covering multiple scenarios such as wallets, security, payment, and social networking. Juan Yang further pointed out: 'This launch represents Shenggang Excellence's transformation from a 'smartphone manufacturer' to a 'decentralized ecological infrastructure builder', and is also another strategic leap achieved by its parent company GMTECH INC. in the field of smart hardware and blockchain integration. The launch of this product will further consolidate GMTECH INC.'s leading position in the next-generation Internet technology landscape and inject new growth momentum into its global technology market valuation system.' About GMTech Inc. GMTech Inc. is a technology company providing IT consulting services to clients and is also expanding its business to design and development of smartphone with WEB3 elements integrated through its wholly owned Hong Kong subsidiary, Shenggang Excellence Limited. Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute 'forward-looking statements' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'future,' 'intend,' 'plan,' or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. Forward-looking statements are neither historical facts nor assurances of future performance and reflect the current view about future events. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Therefore, you should not rely on any of these forward-looking statements. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. For more information, please contact: [email protected] SOURCE: GMTech Inc. press release
