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How Do You Buy Bitcoins
Quick Info on CryptoCryptocurrencies vs. Traditional Finance: Exploring the Pros and Cons 27 Feb 2024, 10:11 pm
Cryptocurrencies vs. Traditional Finance: Exploring the Pros and Cons | Welcome to the forefront of a financial revolution. A space where the very fabric of economic exchange is being questioned and redefined. As we stand at the crossroads of a rapidly evolving marketplace, it’s imperative to understand the dynamics between two game-changing entities: cryptocurrencies and traditional finance.
The Emergence of Cryptocurrencies
Once an obscure term relegated to the corners of cyberspace, cryptocurrencies have now emerged as a buzzword synonymous with innovation and disruption in the financial sector. Unlike traditional currencies, these digital assets operate independently of a central authority, offering a new form of money that is as intangible as the data comprising the internet itself. But what sets them apart is not just their digital nature—it’s their foundation on a groundbreaking technology called blockchain.
The Increasing Relevance of Blockchain Technology
Blockchain technology is not just the backbone of cryptocurrencies; it’s a paradigm shift in how we conceive trust and security in transactions. With its ability to create immutable records of exchanges and its resistance to fraud, blockchain is gaining traction not only in finance but in numerous other industries as well. Its relevance continues to climb as businesses and individuals alike seek more transparent, secure, and efficient ways to handle their financial dealings.
The key players in this narrative are not just the trailblazers like Bitcoin and Ethereum, which have paved the way for thousands of other cryptocurrencies. They also include central banks, which are beginning to explore their own digital currencies, and traditional assets such as gold and forex, which have long been the standard bearers of value and exchange.
Key Players in the Financial Ecosystem
The landscape of modern finance is dotted with a variety of stakeholders, each playing a pivotal role. On one end, we have Bitcoin, the original cryptocurrency, which has become synonymous with the term itself. Ethereum follows, not just as another cryptocurrency but as a platform for creating decentralized applications, further expanding the utility of blockchain technology.
Meanwhile, central banks and established financial institutions remain guardians of the traditional financial system, overseeing the regulation and stability of currencies and economies at large. And let’s not forget the traditional assets like gold, which have been safe havens for investors in times of economic uncertainty, and forex markets, which are the battlegrounds for international trade and currency exchange rates.
As these entities converge, clash, and collaborate, the future of finance is being written—one transaction, one block, one ledger at a time.
Understanding Cryptocurrencies
Imagine a world where you can send money across the globe instantly, without the need for banks or intermediaries. This is the promise of cryptocurrencies, a groundbreaking innovation that has captured the attention of tech enthusiasts, investors, and skeptics alike. At its core, cryptocurrency is a form of digital or virtual currency that uses cryptography for secure financial transactions.
The Basic Concept of Cryptocurrencies
Cryptocurrencies stand out from traditional forms of currency in several key ways. Unlike fiat currencies, which are issued by governments and rely on their stability and regulatory frameworks, cryptocurrencies operate independently of a central authority. The most famous example, Bitcoin, was created in 2009 as an alternative to traditional money, offering a peer-to-peer electronic cash system where transactions could be made directly between users.
This new kind of money is not printed but is mined through complex computational processes. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled. These digital assets are stored in digital wallets, allowing users to send or receive cryptocurrencies with ease.
Decentralization and Blockchain
Central to the allure of cryptocurrencies is their decentralized nature. But what does decentralization mean? Simply put, it’s a system where control and decision-making are distributed across a network rather than concentrated in a single entity. For cryptocurrencies, this network is formed by blockchain technology—a digital ledger that records all transactions across a network of computers.
Blockchain ensures that each transaction is added as a ‘block’ to a ‘chain’ of historical records. Once a transaction is recorded, it is immutable, meaning it cannot be altered or deleted. This transparency fosters trust among users, as everyone can see the transactions, yet personal details remain encrypted, preserving privacy.
Benefits of Using Cryptocurrencies
With this foundational understanding, we can delve into the benefits that have fueled the rising popularity of cryptocurrencies. One major advantage is transparency. Since all transactions are recorded on a public ledger, there is a high level of openness in transactions, reducing the risk of fraud and corruption.
Another significant benefit is security. Cryptocurrency transactions are secured by cryptography, and the blockchain’s decentralized nature makes it incredibly difficult for hackers to compromise the integrity of the data. Moreover, users are in control of their transactions, which adds an extra layer of security compared to traditional banking systems where one’s funds can be frozen or subject to government actions.
Finally, cryptocurrencies offer the potential for lower transaction costs. Without the need for intermediaries, such as banks or payment processors, users often face lower fees compared to conventional online transactions. This is especially beneficial for international transfers, where traditional financial systems may charge hefty fees.
In sum, understanding cryptocurrencies invites us to envision a future where financial sovereignty is back in the hands of the people, untethered from the restrictions of traditional finance. As we explore the next sections, we’ll weigh these potential benefits against the challenges they face and how they stack up to the established order of traditional finance.
END OF SECTION
Exploring Traditional Finance
In the intricate world of finance, traditional systems stand as the bedrock of economic exchange, with central banks at the helm steering monetary policy and regulation. But what exactly does this entail? Let’s dive into the structure that has been governing our transactions long before the advent of digital currencies.
The Backbone of Economic Transactions
At the core of traditional finance are institutions such as banks, investment funds, and insurance companies, all playing pivotal roles in the economy. Central banks, in particular, are crucial as they manage a country’s currency, control interest rates, and oversee the money supply. Their actions can stabilize—or destabilize—an economy, affecting everything from inflation rates to job growth. For instance, the Federal Reserve in the United States not only acts as a bank for other banks but also implements policies aimed at promoting employment and controlling inflation.
Comparing Stability and Regulation
When it comes to stability, traditional financial instruments like gold and forex have a long history of being safe havens and standard bearers. Gold, often seen as a ‘real’ asset, has maintained value over millennia. Forex markets, while more volatile, are deeply entrenched in global trade and finance, governed by complex factors including economic indicators and geopolitical events. In stark contrast, cryptocurrencies exhibit high volatility, their prices swinging wildly on the heels of market sentiment or regulatory news. While this may spell opportunity for some, it poses a risk for those seeking stable investments.
Pros and Cons of a Centralized System
Centralization is a double-edged sword. On the one hand, centralized financial systems benefit from established trust, widespread acceptance, and regulatory oversight. They offer protection through entities like the Federal Deposit Insurance Corporation (FDIC) in the US, which insures deposits in banks. However, these systems are not without their drawbacks. They can be inefficient, with transactions sometimes taking days to clear. High transaction fees are another pain point, particularly for cross-border payments.
In comparison, decentralized cryptocurrencies promise to address some of these inefficiencies with faster and potentially cheaper transactions. Yet, they face their own set of challenges, from security risks to regulatory uncertainty. The lack of central oversight in cryptocurrencies, while appealing to many, also means there’s no safety net in the event of a crash or fraud.
Traditional finance has begun to evolve in response to the rise of blockchain technology and cryptocurrencies. Innovations such as faster payment services and initiatives like central bank digital currencies (CBDCs) are examples of how the old guard is adapting to the new tech landscape. This evolution could signal a merging of the best aspects of both worlds—stability and innovation.
As the financial ecosystem continues to expand and transform, it’s crucial to understand how traditional finance operates and its role in the global economy. By acknowledging its strengths and limitations, and examining its response to emerging technologies like cryptocurrencies, we gain insight into the future of money and commerce.
Pros and Cons of Cryptocurrencies
In the midst of a technological renaissance, cryptocurrencies stand out as a beacon of potential. They bring to the table a host of advantages that could reshape the financial landscape. But, as with any innovation, they carry their own set of challenges. Let’s dive into the intricate dance of pros and cons that cryptocurrencies perform in this financial ballet.
Advantages of Cryptocurrencies
The idea of borderless transactions is not just a lofty ideal; it’s a reality with cryptocurrencies. Imagine sending money across the globe without the need for currency exchange or the hefty fees that usually accompany international transfers. This is the kind of financial inclusion that cryptocurrencies promise. Users from any corner of the world can participate in a global economy, potentially lifting barriers that have long excluded parts of the population from traditional banking systems.
- Borderless Transactions: With cryptocurrencies, you can send and receive money anywhere in the world where there’s internet access, often within minutes, without the need for intermediaries.
- Financial Inclusion: They offer an alternative for the unbanked population by providing access to financial services through just a smartphone.
Another significant advantage lies in the inherent transparency of blockchain technology. Transactions are recorded on a public ledger, immutable and open for verification. This level of openness is unprecedented in traditional finance and could lead to a new era of trust in financial interactions.
Concerns Related to Cryptocurrencies
However, it’s not all smooth sailing in the crypto world. Price volatility is a notorious aspect of cryptocurrencies. The value of digital currencies can soar sky-high or plummet with alarming rapidity, making them a risky investment for the unprepared. This roller-coaster-like behavior is partly due to the market’s nascent stage and speculative trading, which can be a deterrent for those seeking stable investments.
- Price Volatility: The prices of cryptocurrencies can experience extreme fluctuations, which can result in significant financial gains or losses.
- Regulatory Challenges: As governments and regulatory bodies try to keep up with the pace of crypto innovation, there’s a degree of uncertainty regarding future regulations that may affect the use and value of cryptocurrencies.
- Security Risks: Despite the secure nature of blockchain, cryptocurrencies are not immune to cyber-attacks, scams, and theft, highlighting the importance of cybersecurity measures.
The regulatory landscape for cryptocurrencies remains a patchwork quilt of disparate policies, with some countries embracing them and others banning them outright. Navigating this ever-shifting terrain is a complex task for investors and companies alike.
Disruption and Innovation Potential
Cryptocurrencies carry the torch of disruption into the realm of traditional finance. By introducing decentralized financial services (DeFi), they challenge the very foundation of centralized banking. Smart contracts, one of the innovations brought forth by Ethereum, automate transactions and agreements without human intervention, thus cutting costs and reducing the potential for fraud.
- Decentralization: The ability to operate independently of central authorities could democratize finance and empower individuals.
- Smart Contracts: These self-executing contracts with the terms directly written into code can eliminate the need for intermediaries, thereby streamlining various business processes.
As cryptocurrencies continue to evolve, they could pave the way for entirely new financial products and services that we have yet to imagine. Their potential to drive innovation is enormous, but so is their capacity to disrupt the current financial ecosystem, for better or worse.
In summing up, the dance between cryptocurrencies and traditional finance is intricate and complex. While digital currencies offer a vision of a more accessible and transparent financial future, they also face significant hurdles that need to be overcome. As with any disruptive technology, the journey will likely be volatile and unpredictable, but undeniably fascinating to watch unfold.
Pros and Cons of Traditional Finance
In the ever-evolving world of finance, traditional systems have long been the backbone of economies worldwide. But what strengths do these systems boast, and where do their weaknesses lie? Let’s delve into the fabric of conventional financial mechanisms to understand this better.
Stability, Widespread Acceptance, and Government Backing
Traditional finance, characterized by institutions such as banks, stock markets, and government-backed money, is anchored in its longstanding stability. This stability comes from the rigorous regulatory frameworks that govern these institutions, designed to protect consumers and ensure market integrity. The trust we place in these systems is not unfounded; they have weathered economic downturns, policy changes, and technological advancements. Moreover, the widespread acceptance of traditional currency and financial products means you can enter almost any store or service provider and know your money will be accepted.
Moreover, government backing of traditional financial systems offers a safety net that cryptocurrencies currently lack. This assurance encourages both individual and institutional investors to maintain their assets within these systems. Government-backed insurance schemes like the FDIC in the United States provide a level of security for depositors, ensuring that even in the face of bank failure, their deposits are protected up to a certain amount.
Inefficiencies, High Transaction Costs, and Limited Accessibility
However, traditional finance isn’t without its drawbacks. These systems can be riddled with inefficiencies, often apparent in the time it takes to process transactions, especially across borders. While domestic transfers might be completed quickly, international transactions can be slow and cumbersome, leading to frustration for businesses and individuals alike.
High transaction costs are another pain point. The fees associated with transferring money, managing accounts, and even accessing credit can be significant, eating into the finances of consumers and businesses. And while these institutions have been foundational in building modern economies, they’re not accessible to everyone. A startling number of people remain unbanked or underbanked, especially in developing regions, which hinders economic growth and personal financial development.
The Evolving Landscape in Response to Cryptocurrency and Blockchain Technology
The rise of cryptocurrencies and blockchain technology has prompted traditional finance to re-evaluate its position. The agility of these new technologies challenges the status quo, pushing banks and other financial entities to step back and rethink the future of money.
Photo by Maxim Hopman on Unsplash
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Unraveling the Brilliant Mind Behind Bitcoin: The Captivating Tale of Satoshi and the Creation of Cryptocurrency 27 Feb 2024, 8:38 pm
Unraveling the Brilliant Mind Behind Bitcoin: The Captivating Tale of Satoshi and the Creation of Cryptocurrency
The Enigmatic Satoshi: Unveiling the Mystery
In the world of digital currencies, few figures are as enigmatic as Satoshi Nakamoto. The mystery surrounding the creator of Bitcoin has generated endless speculation. It is commonly held that Satoshi is a pseudonym for an individual or group who, in 2008, published the Bitcoin whitepaper. Little is known about the true identity of Satoshi, as they have effectively concealed their persona from the world.
Who is Satoshi Nakamoto?
Satoshi’s anonymity has been a point of intrigue since Bitcoin’s inception. Attempts to uncover the person or people behind this pseudonym have proven futile. What is known is that Satoshi was communicating with other developers on the project until about 2010, after which they seemingly vanished, leaving behind a new era of decentralized currency.
The Birth of Bitcoin
Bitcoin was introduced to the world through a whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This document outlined a method for allowing peer-to-peer transactions without the need for a central authority. The first Bitcoin software was released in 2009, enabling the first decentralized cryptocurrency in the world. Its creation sparked a revolution in the way we think about money and financial transactions.
Exploring the World of Cryptocurrency
Cryptocurrency has grown from a niche interest to a global phenomenon. The industry has seen incredible growth, both in terms of technological advancement and mainstream adoption. Cryptocurrencies offer a digital, decentralized alternative to traditional fiat currencies, and their appeal lies in the potential for lower transaction fees, increased privacy, and resistance to censorship.
Top Cryptocurrencies in the Market
While Bitcoin remains the most recognized cryptocurrency, there are now thousands of alternate cryptocurrencies, known as altcoins. These include Ethereum, Ripple, Litecoin, and many others. Each comes with its own unique features and underlying technologies, catering to various use cases beyond mere currency.
Unraveling the History of Cryptocurrency
The history of cryptocurrency is relatively short but incredibly rich. Since Bitcoin’s establishment, the sector has witnessed exponential growth, with numerous cryptocurrencies emerging, each aiming to improve on the original formula or to serve entirely different functions within the blockchain ecosystem.
From Bitcoin to Altcoins
Following Bitcoin’s success, many other cryptocurrencies, or altcoins, have been created. These range from direct clones to currencies that are entirely new in terms of code, purpose, and application. They reflect the dynamism and innovative spirit that characterize the cryptocurrency movement.
Peering into the Future of Cryptocurrency
The future of cryptocurrency holds both promise and uncertainty. As the technology matures and more players enter the market, it will continue to evolve in unforeseen ways. This evolution is not only technological but also regulatory, as governments around the world grapple with how to integrate these new forms of money into existing financial systems.
Emerging Trends and Technologies
New trends and technologies are continuously shaping the landscape of cryptocurrency. Developments such as decentralized finance (DeFi) and non-fungible tokens (NFTs) are recent examples of innovations that are expanding the possibilities of blockchain technology and cryptocurrency applications.
Challenges and Opportunities Ahead
Despite the opportunities, the cryptocurrency space faces significant challenges. Scalability issues, regulatory hurdles, and concerns over security and privacy are just a few of the obstacles that must be navigated. However, these challenges also represent opportunities for improvement and innovation in the quest to achieve mass adoption.
Decoding the Magic of Blockchain
At the heart of cryptocurrency is blockchain technology, a system that maintains a secure and decentralized record of transactions. The power of blockchain lies in its ability to ensure transparency and security while operating outside of traditional banking systems.
Understanding the Basics of Blockchain Technology
Blockchain works by distributing a ledger across a network of computers. Each block in the chain contains a number of transactions, and once completed, is added to the chain in a linear, chronological order. This structure makes it extremely difficult to alter any single record, as it would require altering all subsequent blocks.
How Blockchain Powers Cryptocurrencies
Blockchain is the underlying technology that powers cryptocurrencies. It enables users to transfer assets across the internet without the need for centralized intermediaries. This empowers users to exercise control over their own finances and could potentially disrupt the current financial infrastructure.
Conclusion: Reflecting on Satoshi’s Legacy and the Evolution of Cryptocurrency
Satoshi Nakamoto’s introduction of Bitcoin sparked a movement that has grown beyond anyone’s expectations. Cryptocurrency continues to evolve, challenging conventional financial systems and opening up new avenues for technology and commerce. Satoshi’s legacy is not merely in creating Bitcoin but in inspiring the industry into the future.
Photo by André François McKenzie on Unsplash
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Safely Buying Bitcoins and Other Cryptocurrencies: A Step-by-Step Guide for Beginners 27 Feb 2024, 8:03 pm
How to Safely Buying Bitcoins and Other Cryptocurrencies: A Step-by-Step Guide for Beginners | Introduction
Welcome to the world of cryptocurrencies, a digital asset landscape teeming with opportunities and innovations. In this guide, we’ll navigate the cryptocurrency sphere, focusing on the essentials you need to know to ensure your journey in buying Bitcoin and other cryptocurrencies is both safe and successful.
Explanation of Cryptocurrencies
Cryptocurrencies are digital or virtual currencies secured by cryptography, making them nearly impossible to counterfeit or double-spend. Many are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is their organic nature; they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
Importance of Buying Safely
The digital nature of cryptocurrencies means that buying, trading, and storing them securely requires understanding and using technology correctly. The importance of safety cannot be overstated; it’s crucial to protect yourself against fraud, hacking, and scams. By following best practices for safety, you’re not only securing your investment but also contributing to the overall health and stability of the crypto ecosystem.
Step-by-Step Guide to Safely Buying Bitcoins and Other Cryptocurrencies
How to Buy Bitcoins
Purchasing Bitcoin, the first and most well-known cryptocurrency, is a straightforward process. Start by choosing a reputable cryptocurrency exchange platform where you can create an account. You’ll need to provide some personal information and go through a verification process. Once your account is set up, you can deposit fiat currency (like USD, EUR, etc.) and use it to buy Bitcoin. Most exchanges allow you to purchase Bitcoin using a bank transfer, credit card, or even PayPal. After buying, it’s essential to move your bitcoins to a private wallet for better security.
How to Buy Other Cryptocurrencies
For purchasing cryptocurrencies other than Bitcoin, known as altcoins, the process is similar. Find an exchange that lists the altcoin you’re interested in and follow the same steps as buying Bitcoin. Some altcoins can only be purchased with Bitcoin or another cryptocurrency, requiring you to make an initial Bitcoin purchase and then trade for your desired altcoin.
Choosing Safe Exchanges
Selecting a safe exchange is vital for your security and peace of mind. Research the exchange’s history, security measures, user reviews, and compliance with regulations. Look for features such as two-factor authentication (2FA), insurance policies, and cold storage options to enhance security.
Top Cryptocurrency Exchanges
Some of the top cryptocurrency exchanges include Coinbase, Binance, Kraken, and Gemini. These platforms are renowned for their ease of use, security features, and customer service. Before deciding, compare their fees, available cryptocurrencies, payment methods, and withdrawal options.
Setting Up a Crypto Wallet
A crypto wallet is where you store your cryptocurrencies after purchase. Wallets come in various forms, such as hardware wallets (physical devices), software wallets (applications or programs), and paper wallets (printed keys). Consider using hardware wallets for the highest security level, especially if dealing with significant amounts of cryptocurrency.
Additional Details for Safe Transactions and Storage
When transacting or storing your cryptocurrencies, always double-check addresses, use secure internet connections, and never share your private keys. Keep backups of your wallet’s seed phrase in different locations. Be cautious with online services and remember that complete control over your keys means full responsibility for your assets’ security.
Conclusion
In conclusion, buying and holding cryptocurrencies safely is paramount in this digital era. We’ve covered the basics of what cryptocurrencies are, how to purchase them securely, and how to choose the right exchanges and wallets. Remember, while the crypto world offers exciting possibilities, it also requires vigilance and responsibility. Armed with this guide, you’re now ready to embark on your crypto journey with confidence and caution.
Photo by Pierre Borthiry – Peiobty on Unsplash
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How to Buy Bitcoins and Other Cryptocurrencies? Here’s the Quickest Answer 27 Feb 2024, 7:43 pm
How to Buy Bitcoins and Other Cryptocurrencies | In recent years, the world of cryptocurrency has gained significant traction as more and more people are looking to invest in digital assets such as Bitcoin, Ethereum, and other cryptocurrencies. If you are new to the world of cryptocurrency and are wondering how to buy Bitcoins and other cryptocurrencies safely, this guide will provide you with the essential information you need to get started.
How to Buy Bitcoins and Other Cryptocurrencies
1. Choose a Safe Exchange: The first step in buying Bitcoins or any other cryptocurrency is to choose a reputable and safe exchange. There are many exchanges available, but it is important to do your research and select one that has a good reputation and offers secure transactions. Some of the top exchanges include Coinbase, Binance, Kraken, and Bitfinex.
2. Create an Account: Once you have chosen an exchange, you will need to create an account. This typically involves providing your email address, setting up a password, and verifying your identity. Some exchanges may also require additional verification steps, such as providing a copy of your ID or proof of address.
3. Deposit Funds: After creating an account, you will need to deposit funds into your exchange account in order to buy cryptocurrencies. Most exchanges accept deposits in fiat currency (such as USD or EUR) as well as cryptocurrencies. You can usually deposit funds via bank transfer, credit card, or other payment methods.
4. Buy Cryptocurrency: Once you have deposited funds into your exchange account, you can now buy cryptocurrencies. Simply navigate to the trading section of the exchange and select the cryptocurrency you wish to purchase (such as Bitcoin or Ethereum). Enter the amount you want to buy and complete the transaction.
5. Store Your Cryptocurrency: After buying cryptocurrencies, it is important to store them securely. You can choose to keep your coins on the exchange, but it is generally recommended to transfer them to a secure wallet. There are different types of wallets available, including hardware wallets, software wallets, and paper wallets.
Tips for Buying Cryptocurrency Safely
– Do Your Research: Before buying any cryptocurrency, make sure to research the project, team, and technology behind it. Look for reviews, news articles, and community discussions to get a better understanding of the coin’s potential.
– Use Two-Factor Authentication: To enhance the security of your exchange account, enable two-factor authentication (2FA). This adds an extra layer of protection by requiring a second form of verification, such as a code sent to your phone.
– Be Cautious of Scams: Cryptocurrency scams are unfortunately common, so be wary of any offers that seem too good to be true. Avoid sharing your private keys or personal information with anyone and only use reputable exchanges.
In conclusion, buying Bitcoin, Ethereum, and other cryptocurrencies can be a rewarding investment opportunity, but it is important to take the necessary precautions to ensure the safety of your funds. By choosing a safe exchange, conducting thorough research, and following best practices for security, you can trade cryptocurrency with confidence. Remember to always keep your private keys secure and stay informed about the latest developments in the cryptocurrency market.
Photo by André François McKenzie on Unsplash
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Vantage Foundation partners with The IREDE Foundation to empower child amputees in Nigeria 27 Feb 2024, 3:41 am
Vantage Foundation partners with The IREDE Foundation to empower child amputees in Nigeria | LAGOS, Nigeria, Feb. 23, 2024 /PRNewswire/ — Vantage Foundation is proud to announce its strategic partnership with The IREDE Foundation, a non-profit organisation committed to empowering children between the ages of 0 – 18 living with limb loss in Nigeria to live self-sufficient lives by giving them prosthetic limbs.
IREDE founder, Crystal Chigbu’s daughter was born in 2009 with a congenital limb deformity requiring amputation at 27 months old. Since then, her daughter has needed to use a prosthetic limb. Crystal realised there was a significant lack of resources for children like her daughter, and established the IREDE Foundation in 2012 to change the narrative around disability in Nigeria and in Africa at large.
Vantage Foundation visited The IREDE Foundation in February to pledge support for their cause. “We are thrilled to support the IREDE Foundation to make a positive impact on the lives of Nigerian children with limb loss,” said Steven Xie, Executive Director, Vantage Foundation. “As a partner of The IREDE Foundation, we will provide holistic support to these champions in Nigeria, and provide the opportunities they deserve to thrive.”
Since its inception, The IREDE Foundation has been at the forefront of advocacy and empowerment for these children, whom they call champions. They have provided over 528 custom-made prosthetic limbs to 479 children across 35 states in Nigeria for free, and they have continued to maintain and replace these prosthetics as the children grow. They have also enhanced these children’s access to education and empowered them to pursue their dreams through the provision of educational scholarships.
“IREDE is honored to have representatives of Vantage Foundation visit us in Nigeria and see our vision become a reality through our champions,” said Crystal. “Together, we are creating a more inclusive world for all.”
About Vantage Foundation
Vantage Foundation is an independent charitable organisation launched at the McLaren Technology Centre in the UK with the support of the UN Refugee Agency (UNHCR), and the NEOM McLaren Extreme E team in 2023. For more information, please visit www.vantage.foundation
About The IREDE Foundation
Founded in 2012, the IREDE Foundation is a non-profit organization committed to improving the lives of children with limb loss in Nigeria. For more information, please visit
www.theiredefoundation.org
Source: Vantage Foundation
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Infinix Joins Shopee’s $100 Million Milestone Brand Partners 27 Feb 2024, 3:31 am
Infinix Joins Shopee’s $100 Million Milestone Brand Partners | SINGAPORE, Feb. 23, 2024 /PRNewswire/ — Infinix, the trendy tech brand crafted for young consumers, proudly announces its induction into Shopee’s $100 Million Milestone Brand Partners Club in 2024. This esteemed award recognizes Infinix’s outstanding achievement in surpassing a total sales revenue of over $100 million on the Shopee platform, in conjunction with Shopee Brands Summit 2024.
Infinix Joins Shopee’s $100 Million Milestone Brand Partners
Commenting on this remarkable achievement, Lake Hu, the Chief Marketing Officer of Infinix, said, “We are incredibly proud to be inducted into Shopee’s $100 Million Milestone Brand Partners Club. This honor is a result of our close collaboration with Shopee and reflects our commitment to Infinix’s unwavering dedication to young consumers. Our brand is driven by a deep understanding of their needs and aspirations. We believe in providing cutting-edge technologies that resonate with their lifestyles, all while maintaining accessible prices.”
The Shopee $100 Million Milestone Club, established in 2021, aims to reward companies that have demonstrated exceptional sales performance in regions such as Southeast Asia. Infinix, as the only technology brand inducted into Shopee’s $100 Million Milestone Club this year, solidifies its position as a leading force in the tech industry, alongside esteemed brands in previous inductions like Samsung and Xiaomi, showcasing its unwavering commitment to innovation, accessibility, and exceptional achievements.
Infinix’s remarkable success can be attributed to various factors, including its unwavering commitment to delivering high-quality products with a superior price-to-performance ratio, user engagement, innovation, strategic collaborations, and a multifaceted marketing approach.
Last year, Infinix made waves with the launch of the GT 10 Pro, a smartphone designed specifically for mobile gaming enthusiasts. The device, featuring a cyberpunk and mecha aesthetic, boasts the powerful MediaTek Dimensity 8050 chipset, octa-core processors, and features deep collaborations with popular games like FreeFire and MLBB, elevating its users to new heights in the professional e-sports scene.
In addition, Infinix has made a significant impact on the vlogging industry with the launch of the Zero 30 Series. This groundbreaking smartphone, released in collaboration with the Venice International Film Festival 2023, has redefined content creation with its industry-first 50MP selfie camera lens and 4K 60FPS recording capability.
Infinix ranked as the best-selling brand in the mobile phones category during Shopee’s 2023 11.11 event.
Infinix’s notable accomplishments on the Shopee platform include ranking as the best-selling smartphone brand in the mobile phones category during Shopee’s 2023 11.11 Big Sale campaign in both Indonesia and the Philippines.
Looking ahead, Infinix pledges to further deepen its collaboration with Shopee, poised to deliver a range of high-quality products and seamless services to an ever-expanding user base.
About Infinix
Infinix Mobility is a rapidly emerging technology brand that designs, manufactures and markets an expanding portfolio of smart devices worldwide under the Infinix brand, which was founded in 2013. Targeting today’s youth with first in class technology, Infinix creates trendy, powerful and attainably priced smart devices that bring the latest technology on the market to users around the world at a time when they need it at a price that they want.
For more information, please visit: www.infinixmobility.com
Source: Infinix Mobility
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Siriraj Hospital Expands Services to Provide Advanced Medical Care 27 Feb 2024, 3:26 am
Siriraj Hospital Expands Services to Provide Advanced Medical Care | BANGKOK, Feb. 26, 2024 /PRNewswire/ — Cancer continues to be one of the major health crises globally and in Thailand. Siriraj Hospital, recognized as one of the largest and leading hospitals in Thailand, demonstrates its readiness and dedication to delivering comprehensive medical services, including advanced cancer treatment, for both Thai and international patients.
Siriraj Hospital is enhancing its cancer services with advanced medical equipment, including the Magnetic Resonance Linear Accelerator (MR LINAC), and a highly skilled oncology team. Equipped with modern devices, Siriraj oncology specialists are dedicated to providing personalized care for patients with various types of cancer.
Cancer is the second leading cause of death globally, claiming some 9.9 million lives in 2020. In the World Health Organization (WHO) Southeast Asia Region, 1.4 million died of the disease. While advancements have been achieved in various facets of cancer treatment, including Robotic-Assisted Surgery, immunotherapy, and targeted chemotherapy, major strides have been particularly notable in the field of radiotherapy.
The Siriraj Center of Radiation Oncology (SiRO) is the first and only medical institution in Thailand and Southeast Asia to install the UNITY® 1.5T MRI 7MV-Linear accelerator. This MR LINAC system at SiRO offers advanced precision radiotherapy capabilities, enhancing treatment options for patients in Thailand.
The MR LINAC technology seamlessly integrates a magnetic resonance imaging (MRI) scanner and a linear accelerator, providing enhanced control over radiation delivery. This innovative system offers high-definition imaging for precise tumor targeting, with the MRI guiding the process while the linear accelerator delivers high-dose radiation to eliminate cancer cells. This real-time visualization capability contributes to effective therapy. The MR LINAC is well-suited for patients with tumors in the liver, prostate, gastrointestinal organs, and urinary and reproductive tracts. The MR LINAC at SiRO has treated more than 400 patients since commencing operations in October 2020. This will greatly benefit patients—both Thai and foreign—seeking access to the groundbreaking treatment.
Associate Professor Pittaya Dankulchai, Head of Radiotherapy Division, Department of Radiology, Faculty of Medicine Siriraj Hospital, shared his stance, “The MR LINAC is transforming the landscape of cancer treatment by combining the power of MRI technology with state-of-the-art radiotherapy. This innovation gives us the advanced capabilities to visualize and adapt treatment plans in real-time, offering pinpoint precision for each patient’s treatment, marking a significant stride forward in the battle against cancer,”
Siriraj Hospital further underlines its commitment to cancer research and has made breakthroughs in Chimeric Antigen Receptor (CAR)-T cell therapy for a vastly complex cancer such as acute lymphoblastic leukemia and multiple myeloma. The treatment is a revolutionary form of immunotherapy for cancer treatment involving the genetic modification of immune system cells, particularly T cells, from either the patient or a donor. This modification empowers these cells with enhanced precision, allowing them to identify and attack cancer cells more effectively—an innovative approach likened to equipping cells with potent weapons to combat specific cancer targets.
Dr Smith Kungwankiattichai, M.D, Lecturer, Division of Hematology, Faculty of Medicine Siriraj Hospital, said, “CAR T cell therapy at Siriraj Hospital is a testament to the collaborative efforts between Siriraj Hospital’s Hematology Division, Department of Internal Medicine, and the Siriraj Center of Excellence for Stem Cell Research (SISCR). Research on the efficacy and safety of CAR T cells manufactured at Siriraj Hospital started in March 2023. We aim to eventually make the very high-cost CAR T cell therapy more accessible and a standard treatment option in Thailand for patients with hematologic malignancies and multiple myeloma. Our advanced facilities, coupled with a dedicated team of experts, showcase our commitment to providing top-tier medical services. Through continuous innovation, collaborative research, and cutting-edge technologies, we ensure that each patient receives compassionate, advanced care and healthcare experience.”
Contact information:
Siriraj Cancer Center https://www4.si.mahidol.ac.th/th/department/cancer/index.php
Tel. : +662-419 4471-2
Email : sisrca@mahidol.ac.th
About Siriraj Hospital
Established in 1888, Siriraj Hospital is Thailand’s oldest and largest healthcare institution, affiliated with the prestigious Faculty of Medicine at Siriraj Hospital, Mahidol University. As a leading specialist referral hospital, it annually trains 300 medical students, fostering the next generation of healthcare professionals. With a capacity of over 2,000 beds, the hospital provides advanced medical services to more than three million patients annually. Its legacy is rooted in a commitment to excellence, compassion, and innovation. Siriraj Hospital continues to be a pillar of healthcare in Thai society, blending tradition with modernity to provide exceptional medical care for the community.
Source: Siriraj Hospital
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Standard Foods and GrandTech C.G. Systems (Taiwan), H2U secured over 10 million USD in funds 27 Feb 2024, 3:11 am
Standard Foods and GrandTech C.G. Systems (Taiwan), H2U secured over 10 million USD in funds | H2U is dedicated to promoting Lifestyle Medicine and employs AI data insights to deliver precision nutrition, preventive medicine, and holistic health solutions.
H2U is expanding its reach to South Korea through a SaaS-based digital health check platform and a closed-loop post-check health management program.
TAIPEI, Feb. 26, 2024 /PRNewswire/ — Taiwan’s leading digital health brand, H2U, ushered in the lunar new year with exciting news. Entities such as Korea’s largest medical laboratory, Seoul Clinical Laboratories (SCL), Taiwan’s biggest food company, Standard Foods, the leading protein and antibody reagent innovator and manufacturer, Leadgene Biomedical, and AWS cloud services representative, GrandTech C.G. Systems, have enthusiastically joined H2U’s current round of fundraising (Series B) before the lunar new year, raising over 10 million USD in funds. Prior to this round, H2U had already secured investments from reputable institutional investors, including Foxconn Technology, ADATA, TOPCO, UDN, WeLeader Bio, Flight International, Wondercise, and Sparklabs.
With this strong resource injection from these strategic investment partners, H2U has gained stable support in research and development, AI data insights, and product promotion. At the same time, AI by H2U provides valuable data insights on member behavior and health requirements, providing multi-faceted and diversified holistic healthy life solutions targeting thousands of domestic companies. Digital health management, personalized medical checkup plan, precise nutritional science, individualized sports prescriptions, and corporate health promotion are embodied in the digital health ecosystem platform H2U pano.
Established for ten years, H2U has recently achieved over 3,000,000 platform members by successfully integrating H2U eXpert, H2U eXamine, Everyday Health, Sports Note, and iFit. This achievement involved the effective implementation and breakdown of data silos, marking the initial step in continuous health data tracking and analysis. With the addition of new strategic partners in this round, H2U is poised to leverage cloud technology to enhance the data insight analysis of its AI engine, which recommends the best personalized health plans while gathering comprehensive scientific research to deepen nutritional management after health examinations. H2U’s calling stems from Lifestyle Medicine, and nearly 500 organizations are members of the flagship product H2U pano, allowing them access to a top-quality medical examination structure and personalized testing solutions. H2U pano guides members through a holistic digital health journey, from assisting with booking medical appointments to hospital examinations and collecting post-examination reports. With user permission, H2U’s AI engine can conduct a health risk assessment and recommend suitable personalized health plans, high-quality health products, diverse health-related courses, exercise prescriptions, and Lohas services. This core concept has garnered approval from strategic partners willing to integrate their resources to scale personalized health solutions through artificial intelligence and technology. At the same time, H2U pano has kickstarted a new digital health revolution, working to fundamentally overhaul the health of Taiwanese people.
H2U will officially establish its international presence in 2024. The company plans to enter the Korean medical market via the SCL Group during the first half of the year by building a SaaS-based digital health check platform and a closed-loop post-check health management program within South Korean medical examination centers. H2U will collaborate in developing the overseas market, leveraging SCL’s extensive business territory in Northeast and Southeast Asia. At the same time, H2U plans to attend annual international medical events like Medica Germany, as well as CES and the J.P. Morgan Healthcare Conference USA. The company’s aspiration is to become Asia’s renowned digital health unicorn. It is anticipated to undergo an IPO by the end of this year to provide increased capital support for technological research and development.
Source : H2U Corp.
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HONOR Debuts a New AI-empowered All-scenario Strategy at MWC 2024 27 Feb 2024, 3:03 am
HONOR Debuts a New AI-empowered All-scenario Strategy at MWC 2024 | HONOR announces the global launch of HONOR Magic6 Pro and an AI PC HONOR MagicBook Pro 16, demonstrating its open-collaborative innovation to enable an AI Era | BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ — Global technology brand HONOR today revealed its new all-scenario strategy by introducing AI-empowered cross-OS collaboration and human-centric intent-based AI and a suite of smart devices with global partners. During its keynote, HONOR not only announced the global launch of the HONOR Magic6 Pro, but also its latest AIPC, the HONOR MagicBook Pro 16, all of which come equipped with HONOR’s platform-level AI to empower human-centric experiences.
“As we race ahead into the AI era, HONOR committed to delivering human-centric innovations that bring open and seamless experience to address our consumers’ desires and pain points,” said George Zhao, CEO of HONOR Device Co., Ltd. “We are delighted to announce the global launch of the new HONOR smartphones and AI PC, which truly revolutionize the user experience with industry-leading AI capabilities, while breaking boundaries in human-device interaction.”
Discover the Magic of AI with HONOR Magic6 Pro
The latest addition to the prestigious HONOR Magic Series flagship lineup, the HONOR Magic6 Pro boasts advancements in photography, display, performance, and AI-powered user experiences. Driven by its commitment to human-centric innovation, HONOR has unveiled MagicOS 8.0, the latest version of its Android-based operating system that introduces fully empowered HONOR’s platform-level AI and the industry’s first intent-based UI. With this, HONOR is transforming the user experience, introducing entirely new, multimodal ways for humans to interact with their smart devices.
Enriched by Magic Capsule and Magic Portal, the HONOR Magic6 Pro provides users with a more personalized, intuitive experience. With a simple tap on the notifications banner at the top of the screen, the Magic Capsule expands to offer additional information and related options, granting users instant access to essential resources and eliminating the need to navigate through multiple apps for maximum productivity and efficiency. Meanwhile, Magic Portal harnesses the power of AI to understand user messaging and behavior, streamlining complex tasks into a single-step process. For example, Magic Portal’s AI quickly recognizes addresses in a text message and directs users to Google Maps, enabling effortless navigation at their fingertips. For social media like Tiktok and Facebook, it also streamlines the access and sharing, allowing users to forward booking details or online search results with just a single drag. Furthermore, Magic Portal facilitates image-based shopping experiences, seamlessly guiding users to platforms, where they can find and purchase desired items.
By working with partners and app developers, Magic Portal supports over 100 most frequently used Apps globally, providing users with a seamless experience across various platforms while ensuring users can enjoy the full potential of Magic Portal with their favorite apps.
A Sneak Peak of Inspiring AI Practice
Embracing an open and collaborative spirit in the AI era, HONOR actively works with industry partners, striving to bring more of the industry’s leading technologies to the public. To provide a preview of potential future opportunities, HONOR brings on-device AI with open-source LlaMA 2 inside the HONOR Magic6 Pro, which can complete functions such as Q&A, text creation, and reading comprehension in an offline environment. Collaboration within the industry like this can lead to a more imaginative future for users.
Demonstrating the possibilities that smartphone eye-tracking may unlock in the future, HONOR revealed how it is possible to control a car hands-free through the HONOR Magic6 Pro’s AI-powered eye-tracking system. The experimental concept showcases how the interplay between AI-enhanced smartphones and vehicles can go beyond screen or voice controls, unlocking a realm of human-device interactions that hold immense possibilities.
Experience Pro-grade Sportography with HONOR’s AI-powered Falcon Camera System
As consumers look forward to an exciting year of sporting events, HONOR has made it a priority to deliver sports photography worthy of a gold medal, with improved capture speeds and clearer snapshots. Debuting a new and improved HONOR Falcon Camera System powered by an AI model trained with a database that is 28 times larger over the previous generation, the HONOR Magic6 Pro includes HONOR AI Motion Sensing Capture, an advanced AI capture algorithm that effortlessly predicts and captures decisive moments in ultra-high definition. The advanced HONOR AI Motion Sensing Capture of the HONOR Magic6 Pro surpasses the previous generation by covering a wider range of sports and activities such as jumping, dancing, and martial arts, making it perfect for capturing thrilling moments at sports events and races.
Additionally, HONOR’s latest camera system introduces a remarkable 180MP Telephoto Camera Lens (f/2.6, OIS) with 2.5x optical zoom and up to 100x digital zoom. The HONOR Magic6 Pro also features a 50MP Ultra Wide Camera (f/2.0, EIS) and a powerful 50MP main Camera with variable aperture capabilities (f/1.4 and f/2.0, OIS), to capture fast-paced moments in exceptional clarity without compromising on details.
Unmatched Display with HONOR NanoCrystal Shield
Featuring the industry’s most drop-resistant screen glass to date, the HONOR Magic6 Pro races ahead with improvements in display drop resistance. Verified by SGS’s Five Star Overall Glass Drop Resistance Ability certification in multiple scenarios, the display employs advanced materials with a 50% improvement in crystal density, which enhances its shock absorption capabilities by up to 10 times compared to regular glass1.
In addition to its durability, the HONOR Magic6 Pro features an industry-leading 6.8-inch All-range Low-power LTPO Eye Comfort Display2, delivering an exceptional viewing experience while prioritizing users’ well-being with a range of human-centric innovations, including the industry’s highest 4320Hz PWM Dimming, Dynamic Dimming, Customizable Circadian Night Display, and Nature Tone feature.
Powerful Performance Driven by Cross Industry Innovation
The HONOR Magic6 Pro is powered by the Snapdragon 8 Gen 3 Mobile Platform, bringing a 30% improvement in CPU performance and a 25% increase GPU performance to the new devices. Thanks to the Qualcomm® AI Engine, the AI features on the HONOR Magic6 Pro are supported with exceptional fluency and stability, achieving a remarkable 98% improvement as compared to previous models. Additionally, the Snapdragon 8 Gen 3 Mobile Platform delivers exceptional gaming experiences at superb battery efficiency and is packed with advancements that redefine powerful performance3.
Recognizing the growing importance of battery life for users who rely on their devices for prolonged usage, HONOR stands out as the first brand to apply emerging battery innovations from other sectors to smartphones. Taking inspiration from the disruptive electric vehicle (EV) industry, HONOR is bringing the all-new HONOR Second-generation Silicon-carbon Battery with HONOR E1, a batter management chipset for energy efficiency enhancement, to the HONOR Magic6 Pro. The 5600 mAh4 demonstrates exceptional low-temperature performance, users can play the YouTube video for 81 minutes5 at -20°C with just 10% battery level remaining. In addition, with its 80W HONOR Wired SuperCharge and 66W HONOR Wireless SuperCharge6, users can charge up the HONOR Magic6 Pro to 100% in only 40 minutes7, enabling the busiest users to swiftly charge their devices on the move.
Establishing the excellence of the HONOR Magic6 Pro’s advanced battery technology, the device received a distinguished 1st place in DXOMARK global battery ranking with a top score of 157. Also, with the first five DXOMARK labels awarded in 2024, the HONOR Magic6 Pro represents outstanding camera, audio, display, battery and selfie capabilities.
Harnessing AI to Create an All-scenario Interconnected Experience
Enabling an intelligent all-scenario PC experience, HONOR has launched its latest AI-powered laptop, the HONOR MagicBook Pro 16, with the power to empower cross-OS collaboration. Benefit from performance improvements brought by HONOR’s platform-level AI with cutting-edge CPU and GPU, the HONOR MagicBook Pro 16 makes sharing notifications and synchronizing materials across HONOR smartphones, PCs, and tablets effortless with MagicRing, ensuring the utmost convenience and easy accessibility.
Taking the all-scenario experience to a more compact device, HONOR has also released its newest tablet, the HONOR Pad 9. Boasting an impressive 12.1-inch 2.5K HONOR FullView Display8 with a 120Hz refresh rate9, an eight-speaker audio system that incorporates HONOR Histen sound tuning technology. The HONOR Pad 9 is a feature-packed tablet that offers exceptional user experience and a distinctive design.
Teasing the PORSCHE DESIGN HONOR Magic6 RSR
At MWC this year, HONOR has not only officially brought the PORSCHE DESIGN HONOR Magic V2 RSR foldable smartphone to the global stage for the first time, HONOR also unveiled a teaser for the PORSCHE DESIGN HONOR Magic6 RSR, a smartphone that also embodies the DNA of Porsche Design. In terms of product details and market availability, HONOR will provide further information shortly.
Color and Pricing
Designed for users who prefer a sleek, modern style and a timeless appeal, the HONOR Magic6 Pro will be available in Black and Epi Green10, starting at €1299. Paying tribute to iconic Porsche cars, the PORSCHE DESIGN HONOR Magic V2 RSR is available in Agate Grey11 and priced starting at €2699.
Available in White and Midnight Black12, the HONOR MagicBook Pro 16 will be available starting from Q2. Offering two stunning colorways, Space Grey and Cyan Lake13, the HONOR Pad 9 will be priced €349.
For more information, please visit HONOR online store at www.hihonor.com.
About HONOR
HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR’s portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
For more information, please visit HONOR online at www.hihonor.com or email newsroom@hihonor.com
https://community.hihonor.com/
https://www.facebook.com/honorglobal/
https://twitter.com/Honorglobal
https://www.instagram.com/honorglobal/
https://www.youtube.com/c/HonorOfficial
1 Data from HONOR labs.
2 With a rounded corners design on the display, the diagonal length of the exterior screen is 6.80 inches when measured according to the standard rectangle (the actual viewable area is slightly smaller).
3 Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.
4 Typical value. The rated capacity of the non-removable battery is 5600mAh.
5 Data from HONOR labs.
6 The actual charging power may vary with different scenarios intelligently. Please refer to actual situations.
7 Data from HONOR labs.
8 With a rounded corners design on the display, the diagonal length of the screen is 12.1 inches when measured according to the standard rectangle (the actual viewable area is slightly smaller. HONOR FullView Display generally refers to HONOR laptop screens with a narrow bezel and high screen-to-body ratio. Please refer to the actual product.
9 The screen refresh rate may vary by application. The screen supports a maximum refresh rate of 120 Hz. The refresh rate may vary depending on the application interface and game screen.
10 Color availability varies by region.
11 Color availability varies by region.
12 Color availability varies by region.
13 Color availability varies by region.
Source: HONOR
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Call for Nominations: 2024 Enterprise Innovation Awards: Celebrating Eight Years of Digital Excellence in ASEAN 27 Feb 2024, 2:54 am
Call for Nominations: 2024 Enterprise Innovation Awards: Celebrating Eight Years of Digital Excellence in ASEAN | SINGAPORE, Feb. 22, 2024 /PRNewswire/ — ASEAN Innovation Business Platform (AIBP) proudly announces the call for nominations for the eighth consecutive year of the AIBP Enterprise Innovation Awards. Established in 2017, the awards celebrate the remarkable achievements of Southeast Asian enterprises in their digital transformation journey. Last year, Megaworld Corporation and Metro Pacific Investments Corporation (MPIC) stood out as winners from the Philippines, receiving their accolades at the 2023 AIBP Conference and Exhibition, held at the Manila Marriott. The event was supported by key institutions in the Philippines including the Department of Information and Communications Technology (DICT), Department of Science and Technology (DOST) and Department of Trade and Industry (DTI).
This tradition of excellence is set to continue at the 2024 awards ceremony, a feature of AIBP’s annual conference scheduled for 17 – 18 September 2024.
Advocates for Digital Transformation: A Platform for Growth
The awards serve as an open invitation for ASEAN organisations to share their success stories in digital transformation. Notable winners like MPIC, with its “mWell Platform”, and Megaworld, with its accident detection software, demonstrate the impactful use of digital technologies in improving healthcare access and public safety.
In its 8th year, the Enterprise Innovation Awards continue to offer a unique platform for ASEAN businesses to gain recognition for their digital transformation projects. MPIC and Megaworld Corporation join other winners from the region which include, IOI, PETRONAS, Vietnam Prosperity Joint Stock Commercial Bank, Vietnam Posts and Telecommunications Group, Sampoerna, Bank Mandiri, Kasikorn Business Technology Group and PTT Global Chemical Public Company.
Nominate Your Enterprise
We invite all enterprises based in the Philippines that have embarked on digital transformation projects to nominate themselves for the 2024 awards.
Deadline for nominations: 11 March 2024
Nominations for the 2024 AIBP ASEAN Enterprise Innovation Awards are free, and can be submitted via the awards’ website https://www.aibp.sg/aibp-awards-nominations-2024
About ASEAN Innovation Business Platform (AIBP)
AIBP serves as an avenue for public and private organisations in Southeast Asia to access information about enterprise growth and innovation. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit www.aibp.sg
Source: ASEAN Innovation Business Platform (AIBP)
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