Friday, October 25, 2024

Registration Open for ASEAN Conference on Combatting Plastic Pollution 2024

 

Registration open to public: Date: October 28-29, 2024 Time: 9:00 AM - 5:00 PM GMT+7 Registration: https://forms.gle/xCzPk1UHZ3ffcvHG9

The Ministry of Natural Resources and Environment of Lao PDR, the Economic Research Institute for ASEAN and East Asia and its Regional Knowledge Centre for Marine Plastic Debris, and United Nations Development Programme Lao PDR will host the ASEAN Conference on Combatting Plastic Pollution 2024. This conference aims to bring together stakeholders from ASEAN Member States, the private sector, innovators, academia, and civil society to discuss innovative solutions, best practices, and regional policies to address plastic pollution.

The two-day event will focus on fostering partnerships and sharing knowledge on combatting plastic pollution across Southeast Asia. It will also feature an exhibition showcasing innovations from across ASEAN. The conference will be open to the public and could be joined online. Please find the date, time, and registration link below:

Date: October 28-29, 2024

Time: 9:00 AM - 5:00 PM GMT+7

Registration: https://forms.gle/xCzPk1UHZ3ffcvHG9

Prominent speakers, including government officials, international experts, and innovators working on sustainability and circular economy solutions, will be among the participants. The conference will be held under the patronage of H.E. Mme. Bounkham Vorachit, Minister of Natural Resources and Environment of Lao PDR.

ERIA’s involvement through its Regional Knowledge Centre for Marine Plastic Debris, underscores its dedication to fostering regional cooperation and knowledge-sharing. ERIA remains committed to contributing to ASEAN’s efforts in reducing plastic pollution through collaborative and innovative solutions.

About RKCMPD

The Regional Knowledge Centre for Marine Plastic Debris was established under the Economic Research Institute for ASEAN and East Asia in 2019. The Centre’s mission is to provide information and support to ASEAN+3 Member States, thereby helping them to improve the circularity of plastic and prevent leakage into marine environments.

This Press Release has also been published on VRITIMES

Thursday, October 24, 2024

P.A. Properties celebrates 30 years of stories of success, growth, and new beginnings

As P.A. Properties celebrates 30 years of building communities and dreams, the stories behind the homes are taking center stage. In the company’s three-decade journey, it's not just the bricks and mortar that matter, but the lives touched and transformed through homeownership. With the anniversary theme, "Behind every home is a story", P.A. Properties proudly highlights the stories of its buyers, sellers, brokers, and employees.

Homebuyers have found more than just a house; they’ve found spaces to build their dreams. One such story is from Maila Damyong, a 31-year-old HR Supervisor, who, with her boyfriend, embarked on a journey to find their future home. She shares:

"I have been residing at St. Joseph Village in San Pedro, Laguna. Preparing for the future ahead, my boyfriend and I decided to look for a house before we got married."

After months of searching, Maila’s boyfriend discovered a property in St. Joseph Homes Calamba, which they visited immediately. "The first time we visited the property and heard the agent’s promotional offer, we immediately decided to purchase the house on the same day," Maila recalls. The decision to buy was made easier by the smooth transaction process and the village’s excellent location. "I am very much happy with our new home. I’m rating it a 10 out of 10," she says. "The village is very accessible to everywhere!"

For sellers and brokers, their partnership with P.A. Properties has meant more than business transactions—it has been a journey of shared success. One such story is that of Victor B. Bayais Jr., Managing Director at Granwood Sales Division, who has been in the industry for 19 years and is a licensed broker for five years.

Victor’s journey with P.A. Properties has been nothing short of remarkable. He recalls how Overseas Filipino Workers (OFWs), driven by the desire to provide a better future for their families, have been a significant part of his career. "I realized that OFWs not only provide financial support but also aspire to buy a home for their families," Victor shared.

"This experience in my job made me realize that OFWs investing in Philippine real estate is a truly rewarding decision. They work hard and save diligently to fulfill their dream of owning a home," Victor said. "Even while adapting to new cultures abroad, our OFWs never give up on their goal of securing a home for their families. Their resilience and determination are truly heartwarming."

For employees, P.A. Properties has been a source of both professional and personal growth. Thess Amante, Lead – Accounting, has been with the company for an impressive 28 years. Reflecting on her journey, Thess shared:

"This nurturing environment allowed me to develop my skills and recognize my strengths, leading to significant personal and professional growth. I greatly value P.A. Properties for its family-oriented culture, which promotes a supportive and inclusive environment. This focus on family dynamics and work-life balance enhances the workplace experience and aligns with my values, fostering belonging and support."

Thess began working with P.A. Properties while still an undergraduate studying Accountancy. With the company’s support, she was able to balance both her job and education, eventually earning her degree in 2017.  More importantly, her job has allowed her to provide education for her three children and secure her own family’s home—a true reflection of P.A. Properties’ mission to help families thrive.

Looking Ahead: The Next Chapter

The journey doesn’t end here. With 20 new communities planned over the next five years, P.A. Properties remains dedicated to addressing the housing needs of the nation while empowering its homeowners, brokers, and employees. "We’re writing new stories every day," says President and CEO, Atty. Marianne Reyna Lina Cruz. "As we continue to grow, we invite everyone to be a part of the next chapter."

Watch Out for More Stories!

P.A. Properties is excited to share more inspiring stories from homebuyers like Maila Damyong, brokers like Victor B. Bayais Jr., and employees like Thess Amante. Follow our social media for exclusive interviews, videos, and highlights celebrating the people behind every home and how P.A. Properties has shaped lives over the past 30 years—and continues to shape the future.

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About P.A. Alvarez Properties and Development Corporation

Nestled in San Pedro, Laguna, P.A. Alvarez Properties and Development Corporation (P.A. Properties) is a leading developer of low to medium-cost housing communities in Southern Luzon. Since its establishment in 1994, the company has crafted over 30,000 homes across key Philippine provinces, with plans to build an additional 20 communities in the next 5 years. P.A. Properties, guided by the tagline "Behind Every Home is a Story," not only addresses the nation's housing backlog but also actively contributes to economic growth. Through philanthropic initiatives, such as hospital donations in Cabuyao, providing right of way in Pampanga for civic centers, and establishing SanJo's markets in provinces like Laguna and Bulacan, the company weaves a narrative of community development and nationwide impact.

This press release has also been published on VRITIMES

The Evolution of Media: What Types of Media Shape Our Culture?

Throughout history, the evolution of media has shaped how culture is created and seen. As media evolves different formats now play a role, in reflecting supporting, and sometimes challenging societal norms and values. From newspapers to advancements each form contributes to the fabric of culture. This article explores the variety of media that influence our society and their effects on our shared experiences and perspectives.

Print Media

Printed materials like newspapers, magazines and books have had an impact on shaping our society. Throughout history these forms of media have been important for sharing information, shaping opinions and preserving stories. Newspapers keep us informed about events and issues while magazines offer insights and articles that highlight trends and interests. Both fiction and non fiction literature broaden our perspective by delving into topics, ideas and narratives that connect with people over time. Even with the rise of media print still plays a role, in conversations about culture.

Broadcast Media

Various forms of media, including TV and radio, play a role in molding our culture thanks to their outreach and ability to spread information. TV, which blends news and entertainment, has the capacity to sway opinions by presenting stories, trends and values to a wide audience. Shows, movies and documentaries often spark conversations and influence societal standards. Similarly radio contributes to culture by broadcasting music, talk shows and news that both mirror and shape people’s views. The shared media experience creates moments that unite individuals, from backgrounds.

Digital and Social Media

In today’s world the impact of media and social media is huge and constantly evolving. The emergence of platforms like Facebook, Instagram, Twitter and TikTok has revolutionized how we interact, exchange information and connect with others. Social media encourages participation, spreads ideas and sets trends. It empowers users to produce and share content that can quickly influence trends and societal issues. Be it through influencers, memes or viral challenges these platforms shape and reflect contemporary culture.

Cinema and Film

Movies and the film business influence our society by showing values, issues and aspirations. They explore subjects like history, traditions and personal stories that shape peoples views and emotions. Through storytelling movies can challenge norms, encourage introspection and offer viewpoints. Global films expose audiences to forms of artistry fostering understanding and respect for diverse cultures.

Music and Audio Media

Streaming services, podcasts and radio play a role in shaping our identities and emotions. Music, with its lyrics and melodies reflects our values, emotions and social movements often becoming the soundtracks for different eras. Services like Spotify and Apple Music provide a range of genres and artists that can impact our tastes and trends. On the other hand podcasts explore topics like crime and self improvement, encouraging conversations and idea sharing within our community.

Gaming and Interactive Media

Video games and media are having an impact on our society by providing experiences. Whether it’s through gaming virtual reality (VR) or augmented reality (AR) we now have the chance to immerse ourselves in stories, characters and settings. The gaming community has its own set of rules, groups and values that shape how we interact with media and each other. Additionally interactive media allows players to impact storylines and outcomes highlighting both cultural identities.

Educational Media

Educational resources like classes, videos and eBooks play a role in society by sharing knowledge and information. They promote learning and support comprehension by making resources available. Platforms such as Coursera, Khan Academy and YouTube offer chances for individuals and communities to engage with material.

Conclusion

Throughout history, the media has changed and had an impact on our society. Whether it’s newspapers, television, or the emergence of online platforms and content, each form of media plays a role in shaping how we view and engage with values, trends, and narratives. As the media continues to evolve its influence on culture remains significant, molding our perspectives and interactions with our surroundings. Acknowledging these media types and their importance allows us to navigate today’s complexities and appreciate the diverse ways in which culture is expressed and experienced.

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About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro to macro-sized businesses market their services through effective digital marketing strategies- tailored for their brands.

This press release has also been published on VRITIMES

Kilambay Plantation Corporation Joins Historic Bamboo Planting Guinness World Record Attempt

CARMEN, NORTH COTABATO | 18 October 2024— Kilambay Plantation Corporation (KPC), an agricultural startup based in Mindanao, joined the historic KAWAYANIHAN: A Circular Economy Movement on 18 October 2024. KAWAYANIHAN is a large-scale, simultaneous tree planting activity led by the Department of Science and Technology (DOST) Region XII in partnership with other stakeholders. It was held across 20 locations in Mindanao and aimed to set a Guinness World Record for 'Most People Planting Bamboo Simultaneously Across Multiple Venues'.

In her message, KPC's Chief Operating Officer (COO), Ms. Rochella "Ella" Taliño-Taray, emphasized the broader impact of the initiative, stating, "This is more than setting a record, it is a unified statement of hope for future generations." She also highlighted KPC's giant bamboo project's contribution to local livelihoods, sharing that as of date, KPC has employed over 400 indigenous staff and field workers in Carmen. Likewise, she mentioned that the Corporation targets to establish a bamboo processing plant in Carmen that will generate more local jobs in the next few years.

KPC, through the leadership of Ms. Taliño-Taray, was tapped by the DOST Region XII to be its top partner for the attempt in Carmen due to its capability to provide bamboo seedlings in bulk, owning up to it being the biggest bamboo plantation in the entire region. Meanwhile, other participating LGUs had their own partners and funding sources. KPC partnered with other institutions and gathered hundreds of planters in Poblacion, Carmen. In addition, the Provincial Government of Cotabato, through Serbisyong Totoo Program of incumbent Governor Lala Taliño-Mendoza and the Municipal Government of Carmen also co-sponsored the event.

The event saw over 5,000 volunteers and participants planting and geotagging bamboo across 20 locations, including Carmen, Cotabato; Brgy. San Isidro, Talakag; Brgys. Alae, Dalirig, and Maluko in Manolo Fortrich; Brgy. Sta. Fe, Libona; Sta. Ines, Malitbog; Brgy. Puntian, Sumilao; Brgy. Kalusungay, Malaybalay City; Northern Mindanao Agricultural Crops and Livestock Research Complex, Cagayan de Oro City; Brgy Mangandoa, Balingasag; Brgy. Awang, Opol; Brgy. Sta. Ana, Tagoloan; Brgy. Lanise, Claveria; Kapalong, Davao del Norte; Matanao, Davao del Sur; Buenavista, Agusan del Norte; and Leyte in Eastern Visayas.

KAWAYANIHAN is an initiative created to encourage more individuals to plant bamboo in support of the growing demand for bamboo raw materials and spread awareness on the potentials of bamboo to generate jobs and combat climate change. Similarly, it is a step towards fostering greater collaboration between the government and the private sector to bridge gaps in policy making concerning the bamboo industry.

The result of the Guinness World Record Attempt will be announced on 28 November 2024 at Limetkai Center, Cagayan de Oro City, alongside the upcoming 2024 National Science, Technology, and Innovation Week.

Also present during the attempt in Carmen were DOST Undersecretary for Special Concerns Teodoro Gatchalian, DOST Region XII Director Engr. Sammy Malawan, Representative Ma. Alana Samantha T. Santos, Carmen Mayor Rogelio Taliño, KPC Partner and former Agriculture Secretary Luis Ramon P. Lorenzo, KPC Chief Executive Officer Jerry John Taray, and other public and private sector representatives. ---

About Kilambay Plantation Corporation

Kilambay Plantation Corporation (KPC) is an agricultural service company provider, providing sustainable and innovative solutions for plantation development, plant supplies and equipment, organic farming, industry development and land preparation. Founded in 2011 by Jerry and Jocelyn Taray, the company has since grown into an agricultural company known for its commitment to environmental responsibility and quality products.

This press release has also been published on VRITIMES

Asuene APAC has signed MoU in partnership with REDEX, the largest renewable energy certificate trading platform in Asia

    

Asuene APAC has signed a Memorandum of Understanding (MOU) with REDEX, a Singapore-based renewable energy certificate solutions provider. Through this partnership, we aim to promote "ASUENE," a carbon accounting platform, and facilitate the buying and selling of renewable energy certificates (RECs) to provide comprehensive support for companies in their decarbonization efforts.

Status of sustainability regulations in Singapore

In Singapore, starting in 2025, all listed companies will be required to report on climate change-related issues. Additionally, the carbon tax will significantly increase from the current S$5 per ton of GHG emissions to S$25, with expectations to rise to S$50-80 by 2030. Furthermore, Singapore is strengthening climate-related disclosures in line with the International Sustainability Standards Board (ISSB), accelerating its efforts to achieve net-zero as a hub in the APAC region. As a result, local companies and those with a presence in Singapore will need to calculate, reduce, and report their CO2 emissions.

Against this background, the number of companies participating in RE100, which aims for 100% renewable energy usage, is increasing. However, many companies face challenges in reducing Scope2 emissions due to the high cost and limited supply of renewable energy in Singapore. To address this issue, Singapore is encouraging the purchase and use of RECs from Southeast Asian countries based on Singapore Standard 673.

Details of the Partnership

"ASUENE" provides a carbon accounting platform for companies and local governments across their entire supply chains, in accordance with the GHG Protocol's Scope 1-3. Additionally, we also provide sustainability consulting services. ASUENE’s strength lies in delivering comprehensive one-stop solutions for decarbonization, supporting companies in advancing their decarbonization management.

REDEX provides innovative technological solutions that enable companies to adopt renewable energy with ease. Headquartered in Singapore, REDEX is the developer and operator of Asia’s leading trading platform for RECs. It offers a one-stop ecosystem for RECs, supporting clients through the full REC lifecycle – asset registration, verification, marketplace and retirement.

With the signing of this MoU, we will strengthen our partnership in customer referrals and enhance our support for businesses aiming to achieve net zero through CO2 emissions visualization and the utilization of RECs.

Comment from Kang Jen Wee, Founder and CEO of REDEX

"Achieving the global ambition of net zero requires collaboration among multiple stakeholders. We are pleased to sign this memorandum with Asuene, sharing our expertise, resources, and services to create innovation and synergy that will further strengthen the decarbonization ecosystem and the renewable energy certification market."

Comment from Masaaki Hamada, Managing Director of Asuene APAC

"As a leading provider of carbon accounting solutions in the APAC region, we continuously seek partnerships with companies that offer high-quality decarbonization solutions. Through our collaboration with REDEX, Asuene will enhance its portfolio of decarbonization options, allowing us to deliver even greater value to our customers in Singapore and the Asia-Pacific region."

About REDEX

Company name: REDEX
Representative: :Founder & CEO Kang Jen Wee
URL: https://redex.eco/

Asuene Company Profile

Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Making a better world for next generations”. We provide "ASUENE" a carbon accounting platform to measure, report and reduce carbon emissions of companies and we contribute to the net zero society.
Company name: Asuene Inc.
Representative: Founder&CEO Kohei Nishiwada
Date of establishment: October, 2019
Headquarters: WeWork, KDX Toranomon 1Chome Building 4F, 1-10-5 Toranomon, Minato-Ku
URL: https://earthene.com/asuzero/apac

This Press Release has also been published on VRITIMES

Ethereum: The Path to a Greener and Scalable Future

  

Ethereum founder says Ethereum is changing fundamentals. Learn more about how Ethereum will change the world with blockchain technology, from DeFi to the metaverse. Discover the potential and challenges facing Ethereum in the future.

Ethereum wasn't built just overnight. Its development went through several phases, starting with Frontier in 2015, which laid the foundation for miners and developers. Later phases such as Homestead and Metropolis focused on improving security, functionality, and developer experience.

If you are interested in Ethereum and its network, this article will help you understand this token well. This article will explore the exciting future of Ethereum, a leading blockchain network.

Starting from Ethereum's latest upgrade, Ethereum's roadmap to scalability and sustainability, and the implications for users and developers.

Check ETH Futures Market 

Potential and Challenges of Ethereum in the Future

Ethereum has great potential to become the backbone of the digital economy. With its ability to facilitate secure and transparent transactions, Ethereum can drive business growth and innovation across various sectors.

Ethereum could become the ultimate platform for building a metaverse, a connected virtual world where people can work, play, and socialize. Ethereum can also integrate artificial intelligence technology to create smarter and more efficient applications.

With the various potentials above, Ethereum has several challenges to face in the future, such as:

1. Scalability: Despite significant progress, Ethereum still faces challenges in increasing scalability to accommodate rapid growth in users and transactions.

2. Regulation: Unclear regulations in various countries can hinder Ethereum's growth and adoption.

3. Competition: Ethereum faces competition from various other blockchain platforms that offer different features and advantages.

Green Revolution: Ethereum 2.0 and Proof-of-Stake

Significant changes occurred in 2020 with the launch of Ethereum 2.0 and the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This change dramatically reduces Ethereum's energy consumption, making it a more environmentally friendly platform.

PoS also lowers the barrier to entry for participating in the network, as users no longer need expensive mining equipment.

Roadmap Ethereum Towards Scalability

While PoS is a big step forward, Ethereum's roadmap doesn't stop there. The network is actively working on scalability solutions to overcome transaction speed limitations. Here are some key aspects of this roadmap:

1. Sharding: Ethereum plans to implement sharding, a technique that divides the blockchain into smaller pieces, enabling parallel processing of transactions and significantly increasing network throughput.

2. Layer-2 Scalability Solution: Layer-2 solutions such as rollups have helped reduce transaction bottlenecks on the Ethereum mainnet. This solution aggregates off-chain transactions and then efficiently executes them on-chain, resulting in faster and cheaper transactions.

3. EIP-7762: This proposed enhancement aims to simplify cost distribution and scalability by focusing on roll-up integration and introducing a new cost-sharing model.

A Brighter Future for Ethereum Developers and Users

Ethereum's roadmap holds great potential for developers and users. Here's what you can expect:

1. Lower Transaction Fees: With increased scalability, transaction fees on Ethereum are expected to decrease significantly, making the network more accessible to everyone.

2. Faster Transactions: Faster transaction confirmation times will result from faster block times and improved processing capabilities.

3. Enhanced Security: Ethereum's focus on security remains primary, and the PoS mechanism along with ongoing development efforts will continue to strengthen the network's resilience.

4. A More Vibrant Ecosystem: Increased scalability will pave the way for a variety of decentralized applications (dApps) built on Ethereum, driving further innovation and user adoption.

Conclusion

Ethereum's roadmap is ambitious and constantly evolving. With a focus on scalability, sustainability, and security, Ethereum is poised to maintain its role as a leader in the blockchain space.

This future holds exciting possibilities for developers and users, with a more efficient, secure, and accessible Ethereum ecosystem on the horizon.

With the increasingly comprehensive Ethereum network, it cannot be denied that this will also have a positive impact on Ethereum price. Converting the price of ETH to USD will also strengthen investors' increasing confidence in the development of Ethereum network technology.

Ethereum may be experiencing a price decline recently which is a bit worrying. However, as Ethereum continues to develop smart contracts for other parts of its network, more and more users will buy ETH in the future.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES

The Evolution of Media: How Social Platforms Reshape Communication Dynamics

Social media platforms have revolutionized how we keep informed about current events, interact with people, and exchange knowledge. They play a role in shaping our communication in today's society. Recognizing these changes is crucial for maneuvering through the media world and maximizing social media networks' benefits.

The Democratization of Communication

The way we talk to each other today has been shaped by the media. It's simpler for people to make and share their content now. Back in the day news mainly came from newspapers, TV, and radio. But now platforms such as Twitter, Facebook, and Instagram allow anyone with an internet connection to voice their thoughts and connect with others worldwide. This shift gives people and communities the power to have conversations express their views and showcase different perspectives without relying on traditional news sources.

The Rise of Real-Time Interaction

Social media platforms offer a way for people to express their opinions and connect with others instantly. Users can share their thoughts on posts join discussions and interact with content in real time. This swift flow of information not only spreads news but also sparks engaging conversations. Staying connected, during events and significant news moments is vital as it keeps individuals informed and involved through timely updates and active participation.

The Influence of Social Algorithms

Social media sites use algorithms to personalize content for users based on their preferences and interactions. These algorithms influence what appears in users' feeds shaping the information that people see and engage with. While this personalization improves the experience by showing relevant content it can also lead to echo chambers where individuals mostly encounter opinions that match their existing beliefs. This effect has the power to reinforce group thinking and restrict exposure, to different viewpoints, affecting the depth of public conversations. The influence of influencers and smaller-scale influencers is noteworthy.

Media growth has introduced a group of communicators called influencers and micro-influencers. They have become well-known on platforms such as Instagram, TikTok, and YouTube by using their impact to sway opinions and set trends. Influencers tap into their image and the connections they’ve built with their followers to endorse products express thoughts and spark conversations. This change has revolutionized conventional marketing and public relations approaches as companies and entities increasingly partner, with influencers to connect with their audiences in a genuine and relatable way.

The Impact on Traditional Media

The growing impact of media is transforming the way traditional news outlets function. News organizations and broadcasters are leveraging these platforms to enrich their narratives engage with audiences and boost traffic to their websites. Social media plays a role in disseminating news interacting with viewers and enhancing brand recognition. Nevertheless, this transition presents challenges like adjusting to evolving algorithms handling audience involvement and addressing concerns regarding misinformation and misleading news content.

The Emergence of New Communication Norms

The way we talk on social media has brought about new rules and traditions that shape how we interact with others online. Emojis, hashtags, and memes let us express our feelings in ways beyond just using words. Moreover, private messages and group chats offer spaces for conversations while public posts and stories encourage engagement. It's crucial to recognize these evolving communication norms today as they influence how our messages are perceived and understood. The Role of Media in Social Movements Social media platforms have become powerful tools for driving social change and activism. They serve as channels to organize events raise awareness and gather support for various causes. Movements like #MeToo, Black Lives Matter, and climate activism have harnessed the influence of media to spread their messages reach audiences, and bring about significant societal changes. The capacity to share information and coordinate actions highlights the profound impact that media has on shaping modern social movements and advocacy initiatives.

Conclusion

Social media has changed the way we connect. These platforms make it easier to create content that draws inspiration from traditional media while offering new ways to express ourselves. They have also changed how we communicate and share information. In this ever-changing environment, it’s important to recognize the role of media in shaping our relationships, building connections, and sparking discussions. By embracing these changes while being aware of their impact, we can leverage the potential of media platforms to improve communication and drive positive outcomes.

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About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro—to macro-sized businesses market their services through effective digital marketing strategies tailored to their brands.
 
This Press Release has also been published on VRITIMES

 

Wednesday, October 23, 2024

Ripple Launches RLUSD: A Promising New Stablecoin

Ripple partners with leading exchanges to launch RLUSD! Learn how this stablecoin will change the global payments landscape and attract institutional investors.

Ripple USD (RLUSD), the new stablecoin from Ripple, has been anticipated since its first announcement. This stablecoin is designed to have an equivalent value to the US dollar and aims to facilitate cross-border transactions and provide stability in the digital asset ecosystem.

Understand fully about RLUSD, how it differs from other stablecoins, and when the RLUSD launch will be officially carried out by reading this article to the end.

What is RLUSD?

RLUSD is a type of cryptocurrency whose value is pegged to the US dollar. In contrast to cryptocurrencies such as Bitcoin whose value is very volatile, RLUSD is designed to have a stable value. This makes it a more reliable means of payment, especially for cross-border transactions.

How does RLUSD work? So, each RLUSD token is backed by US dollar reserves held in a separate account. This reserve will be regularly audited by a third party to ensure that the number of RLUSD tokens in circulation always corresponds to the value of US dollars held.

Some of the reasons why RLUSD was launched are:

1. Meet market needs: There is a high demand for stable and reliable stablecoins for various purposes, such as payments, asset tokenization, and DeFi.

2. Increasing adoption of blockchain technology: RLUSD is expected to accelerate the adoption of blockchain technology in the financial industry.

3. Connecting traditional and digital worlds: RLUSD can be a bridge between the traditional financial system and the world of digital assets.

RLUSD advantages

Capped by the US dollar, the value of RLUSD tends to be more stable than other cryptocurrencies. RLUSD is also backed by US dollar reserves guaranteed by the government.

Not only that, RLUSD can be used in various countries and regions through Ripple's partner network. This stablecoin is designed to meet strict regulatory standards, providing more confidence to users. RLUSD can operate on multiple blockchains, including XRP Ledger and Ethereum.

Who Supports RLUSD?

Several major crypto exchanges have expressed support for RLUSD, including:

1. Uphold: Popular multi-asset trading platform.

2. Bitstamp: One of the oldest and most trusted cryptocurrency exchanges.

3. BitsoLatin America's leading cryptocurrency exchange.

4. MoonPay: Crypto payment infrastructure provider.

5. Independent Reserve: Australia-based cryptocurrency trading platform.

6. CoinMENA: A cryptocurrency exchange focused on the Middle East and North Africa.

7. Bullish: A cryptocurrency exchange backed by Peter Thiel.

The Future and Comparison of RLUSD with Other Stablecoins

With support from strategic partners and a focus on regulatory compliance, RLUSD has great potential to become one of the world's leading stablecoins. RLUSD can accelerate the adoption of blockchain technology in a variety of sectors, including finance, commerce, and real estate.

To provide a clearer picture of RLUSD's position in the market, we can make a comparison with other popular stablecoins such as USDT and USDC. Some aspects that can be compared include:

1. Guarantee Mechanism

RLUSD: Reportedly backed by US dollar reserves, short-term government bonds, and other cash assets. Ripple is committed to conducting monthly audits of these reserves.

USDT: Originally claimed to be fully backed by US dollars, however, there has been some controversy regarding the transparency of its reserves.

USDC: Reported to be fully backed by US dollars and equivalent assets, with monthly audits performed by major accounting firms.

2. Transparency

RLUSD: Ripple has expressed its commitment to transparency by conducting monthly audits of RLUSD reserves.

USDT: USDT's transparency has been a subject of debate, especially after several reports cast doubt on their claims of full reserves.

USDC: USDC is considered to have a higher level of transparency than USDT, with monthly audits conducted by large accounting firms.

3. Market Adoption

RLUSD: Still relatively new and has not yet reached the same level of adoption as USDT or USDC. However, with the support of major exchanges and Ripple's reputation, the adoption potential of RLUSD is huge.

USDT: USDT is the most widely used stablecoin in the world, with a huge market capitalization.

USDC: USDC is USDT's closest competitor and has gained widespread adoption across DeFi platforms and exchanges.

4. Regulation

RLUSD: Ripple has stated that RLUSD is designed to meet strict regulatory standards, including oversight from the New York Department of Financial Services (NYDFS).

USDT: USDT has faced several regulatory challenges, especially regarding its reserve claims.

USDC: USDC is generally considered more regulatory compliant than USDT and has received approval from various regulators.

5. RLUSD Competitive Advantages

Ripple Support: Ripple has an extensive network and experience in the blockchain industry.

Focus on institutions: RLUSD is designed to appeal to institutions with an emphasis on security, transparency, and regulatory compliance.

Integration with Ripple ecosystem: RLUSD can be integrated with Ripple's cross-border payment solutions and other products.

Potential Uses of RLUSD

Apart from cross-border payments, RLUSD has great potential for use in various other applications, such as:

1. DeFi (Decentralized Finance): RLUSD can be used as an underlying asset in various DeFi protocols, such as lending, borrowing, and yield farming.

2. Asset tokenization: RLUSD can be used to tokenize real-world assets, such as real estate, stocks, and commodities.

3. In-game payment: RLUSD can be used as currency in blockchain-based games.

Conclusion

The launch of RLUSD is an important step for Ripple and the cryptocurrency industry as a whole. With support from strategic partners and a focus on regulatory compliance, RLUSD has the potential to become one of the world's leading stablecoins.

However, the success of RLUSD will also depend on several factors, such as market developments, regulatory changes, and Ripple's ability to continue to innovate.

The creation of RLUSD will also have a positive impact on XRP price, especially when it is launched. If you are one of the XRP token holders, you can feel happy about this innovation from Ripple. However, don't be careless buy XRP coins.

You still have to do research before deciding to invest completely in a token. Find out what the current condition is, and whether the value of XRP to USD is strengthening or not. Carry out a tactical strategy so you can invest according to your current financial condition.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Asuene Selected as Official Solution Partner for Singapore's Emission Factor Registry

 

Supported by the Singapore Ministry of Trade and Industry, the Ministry of Sustainability and the Environment, the Enterprise Singapore, and the SBF Foundation, Asuene has been chosen as the official solution partner for Singapore Emission Factor Registry (SEFR), Singapore localized emission factor database. This partnership aims to enhance the accuracy of CO2 emission visibility in Singapore and fully support decarbonization management. Asuene Inc. (Headquartered in Minato, Tokyo; CEO Kohei Nishiwada) has announced that its Singapore branch, Asuene APAC , was selected as an official partner following the launch of the first phase of Singapore's localized emission factor database, the Singapore Emission Factor Registry (SEFR), announced on October 4, 2024.

The SEFR initiative, supported by Singapore's Ministry of Trade and Industry, Ministry of Sustainability and the Environment, Enterprise Singapore, and the SBF Foundation, was created to enhance the visibility of CO2 emissions, particularly improving the accuracy of Scope 3 calculations. Asuene has been recognized as an official partner in the "Carbon Calculators" category, based on its proven track record and the reliability of its solutions within Singapore, to promote the calculation of CO2 emissions for Singapore businesses.

Being selected as an official partner of the SEFR allows Asuene to lead the promotion of utilizing the "emission factor database," enabling more accurate visibility of CO2 emissions and supporting more refined decarbonization management in Singapore.

What is the SEFR (Singapore Emission Factor Registry)?

Organizations and leaders based in Singapore focused on decarbonization and sustainable practices, such as ESG management, have long faced significant challenges in visualizing CO2 emissions, particularly regarding the accuracy of Scope 3 calculations. Typically, "emission factors" are used for CO2 emissions visibility, but categories are organized differently in each country, and efforts to standardize the rules for emission factors are ongoing.

In Singapore, businesses currently use emission factors from other countries for CO2 emissions visibility, but there is no uniformity among businesses regarding which country’s factors to use. Additionally, using foreign emission factors presents a challenge, as they do not accurately reflect Singapore’s local circumstances. In other words, the rules for visualizing CO2 emissions for companies in Singapore are still in development. To address this, the Singapore Business Federation (SBF) and the Agency for Science, Technology and Research (ASTAR) have jointly developed the Singapore-localized emission factor database, SEFR.

The SEFR aims to consolidate a database of emission factors for use by Singapore businesses, expanding the available emission factors. These emission factors will be covering eight categories, i.e. building equipment, building materials, fuel, greenhouse gasses, land transport, purchased energy, waste, and water.

With the establishment of a localized emission factor database, Singapore businesses can now achieve more accurate visualizations of CO2 emissions than ever before, enabling the development of more realistic reduction plans.

As an official partner, we will incorporate the SEFR into our CO2 emissions visualization platform, Asuene, to enhance calculation accuracy for local businesses.

Comment from Masaaki Hamada, Managing Director of Asuene APAC

"I am thrilled that Singapore has developed and announced a localized emission factor database, which many countries in Asia aspire to do the same. With the establishment of the SEFR, many local SMEs will no longer struggle with calculation methods, and the accuracy of their calculations will improve. We anticipate that this SEFR will also be widely used in neighboring Southeast Asian countries, establishing Singapore as a leader in promoting decarbonization in the region."

About Asuene APAC Pte. Ltd.

Asuene Company Profile
Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Changing the world for the next generation”. We provide "ASUENE" a carbon accounting platform to measure, report and reduce carbon emissions of companies and we contribute to the net zero society.

Company name: Asuene Inc.
Representative: Co-Founder&CEO Kohei Nishiwada
Date of establishment: October, 2019
Headquarters: WeWork, KDX Toranomon 1Chome Building 4F, 1-10-5 Toranomon, Minato-Ku
URL:https://asuene.com/apac

This press release has also been published on VRITIMES

Tokyo's Culinary Gem Arrives in Paradise: Gyukatsu-Motomura Set to Open in Boracay

 

Gyukatsu Motomura, the renowned Japanese restaurant chain famous for its deep-fried beef cutlets, is inspiring the launch of a new concept restaurant in Boracay, set to open in November 2024. Bringing signature dishes and a unique dining experience to the popular island destination, the restaurant will be located at 0445 Zone 5, Road 1 Laketown, Balabag, Malay, Boracay. It aims to blend Japanese culinary excellence with the island's relaxed atmosphere, attracting food enthusiasts and boosting gastronomic tourism.

Boracay Island, Philippines - The world-renowned Boracay Island is preparing to welcome a taste of Tokyo with the highly anticipated opening of concept inspired Gyukatsu-Motomura Boracay. This authentic Tokyo-based restaurant, famous for its exquisite beef cutlets, is set to open its doors in November 2024, promising to elevate Boracay's culinary scene to new heights.

"We're excited to bring the flavors of Tokyo to the tropical paradise of Boracay," says Claudie Gica, manager of Gyukatsu-Motomura Boracay. "Our restaurant will offer a unique blend of Japanese culinary excellence and the laid-back charm of island life."

Located at 0445 Zone 5, Road 1 Laketown Balabag, Malay, Boracay, 5608 Aklan, Philippines, Gyukatsu-Motomura Boracay is perfectly positioned to serve both locals and tourists seeking an exceptional dining experience.

The restaurant's signature dish, the gyukatsu (deep-fried beef cutlet), has earned rave reviews from food critics and enthusiasts worldwide. Gyukatsu-Motomura's commitment to quality is evident in every aspect, from the selection of premium beef to the precise cooking techniques that result in a perfectly crispy exterior and a juicy, tender interior.

To celebrate its arrival in Boracay, Gyukatsu-Motomura is offering an exclusive opening deal. Diners can savor the flavors of Japan with their signature gyukatsu for only P988, a significant discount from the original price of P1288. This limited-time offer is sure to attract food lovers eager to experience Tokyo's culinary delights on Boracay's shores.

"We've designed our menu and atmosphere to complement the natural beauty of Boracay," Gica explains. "Whether you're a tourist looking for a unique dining experience or a local craving something new, Gyukatsu-Motomura Boracay offers a taste of Tokyo that perfectly complements the island's tropical allure."

As Boracay continues to evolve as a world-class tourist destination, Gyukatsu-Motomura Boracay is poised to become a must-visit spot for food enthusiasts and culture lovers alike. The restaurant isn't just serving meals; it's offering a journey - a chance to experience the heart of Tokyo without leaving the pristine beaches of Boracay.

Gyukatsu-Motomura Boracay is set to open its doors in November 2024. To take advantage of the exclusive opening offer and secure your spot, visit https://gyukatsumotomura.com/opening-soon. Early reservations are highly recommended as space is limited.

For more information on Gyukatsu-Motomura Boracay

Website: https://gyukatsumotomura.com/opening-soon

About Gyukatsu-Motomura Boracay

Gyukatsu-Motomura Boracay is positioning itself as a must-visit destination for food enthusiasts and culture lovers, offering a taste of Tokyo in a tropical paradise. Interested diners can make reservations and take advantage of the opening offer by visiting the restaurant's website at https://gyukatsumotomura.com/opening-soon

This press release has also been published on VRITIMES

The Evolution of Media: What Drives Change in Media Evolution?

 

The evolution of media is a journey influenced by factors that fuel creativity and progress. Whether it’s advancements in technology or shifts in how audiences engage with content these elements continually impact how media is created, shared, and valued. For those in the industry understanding these dynamics is crucial as it allows them to anticipate trends and adapt their strategies. In this article, we will explore the forces propelling media evolution and their significance, for the industry.

Technological Advancements

The changing media landscape is shaped, by progress that is revolutionizing how content is produced, distributed, and consumed. Innovations such as internet access smartphones and cloud computing are leaving their mark, on the industry. A notable instance is the rise of platforms like Netflix and Spotify which are attracting audiences away from conventional TV and radio by providing diverse content. Additionally, cutting-edge technologies like Reality (VR) and Augmented Reality (AR) are presenting ways to engage with media through unimaginable encounters.

Changing Consumer Preferences

The way people like to enjoy their media influences how it changes over time. As audiences become pickier media companies need to adjust to what they want. Nowadays convenience, customization and interaction are crucial for consumers. The rise of using devices like smartphones for watching content has led media companies to prioritize formats. Platforms such as Facebook and Amazon use algorithms to personalize content according to users preferences improving satisfaction and engagement. To stay in the game media creators and distributors must constantly come up with strategies, to meet changing needs.

The Rise of Social Media

Social media has changed how we share and consume information. Websites like Twitter, Instagram and TikTok allow users to easily make, share and engage with content. This makes the media scene more lively and open. These platforms play a role, in finding content and creating trends as people spread and boost posts among their friends. As a result traditional news organizations have had to adapt by using media in how they distribute news, promote it and connect with their audience.

Economic Factors and Business Models

The evolving media landscape is shaped by factors and shifts in strategies. As traditional media companies face a decline in advertising revenue they’re exploring new avenues for generating income, such as introducing services and paywalls. Platforms like Patreon and Substack empower creators to monetize their work by engaging their audience. Additionally advancements in technology, like targeted advertising and data utilization have revolutionized how advertisers reach their intended audiences. To remain competitive and relevant in the industry these economic changes demand flexibility and innovation.

Regulatory and Policy Changes

Rules and regulations also influence the evolution of media. Government imposed guidelines, on privacy, intellectual property and content moderation impact how media companies operate. For example the General Data Protection Regulation (GDPR) of the European Union has established standards, for privacy that affect how media firms collect and use user data. Additionally regulations concerning content moderation and combating misinformation are shaping how platforms manage and present content. Media organizations need to stay informed about changes to ensure compliance and adapt to the evolving landscape.

Cultural and Societal Shifts

Our perspective on society and culture influences the creation of media by shaping the portrayal of themes, the representation of individuals and the storytelling techniques employed. Changes in values and societal norms drive the demand for diverse and inclusive content that mirrors the communities beliefs. Media organizations are beginning to recognize the importance of representation and inclusivity. This awareness is prompting a blend of perspectives and opinions in their content creation process. Additionally societal events and movements frequently impact media narratives and reporting, leading to content that resonates with issues and trends.

Competitive Pressures

The competition, in the industry fuels progress and change. Fresh entrants are stepping into the arena while established players vie for attention sparking a necessity to stand out and innovate. The competition compels media firms to explore formats, technologies and content strategies, to leave their footprint. The rapid advancement of technology coupled with evolving consumer preferences sets the stage where staying ahead requires flexibility and creativity.

Conclusion

Over time the development of media has been shaped by a combination of factors. These factors include progressions in technology, changes in what consumers want the rise of new platforms shifts in the economy updates to regulations evolving cultural norms societal transformations, and competition. Understanding these influences is crucial, for staying updated with the media landscape and remaining relevant, in the present day. By adapting to these changes and modifying their approaches media professionals and organizations can engage with audiences and thrive in the dynamic media environment.

Coach Boost Gio

About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro to macro-sized businesses market their services through effective digital marketing strategies- tailored for their brands.

This press release has also been published on VRITIMES

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