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NEC Concludes Contract to Supply the Palau Cable 2 (PC2) Optical Submarine Cable

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TOKYO, Jan 14, 2021 – (JCN Newswire) – NEC Corporation (TSE: 6701) announced the signing of a contract with the National Submarine Cable Utility Belau Submarine Cable Corporation (BSCC) of the Palau Republic (Palau) for the Palau Cable 2 (PC2) optical submarine cable construction project. PC2, with a total length of approximately 110km, will connect Palau with a large-capacity submarine optical cable that connects Southeast Asia and the U.S. mainland. This cable is scheduled to be completed at the end of 2022.

PC2 adopts the latest optical wavelength multiplexing transmission system of 100 gigabits per second (100Gbps), and as an addition to the first optical submarine cable laid by NEC in Palau in 2017, ensures the redundancy of Palau’s network, realizes highly reliable communications, and responds to the increasing demand for communications, thereby contributing to further economic development in Palau.

This project is being implemented under a buyer’s credit (export finance) loan agreement by the Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC) with BSCC. The loan portion from SMBC is insured by Nippon Export and Investment Insurance (NEXI). Additional financing is being provided by the United States Government and the Australian Infrastructure Financing Facility for the Pacific (AIFFP).

NEC has been a leading supplier of submarine cable systems for more than 50 years, and has built more than 300,000 km of cable, spanning the earth nearly 8 times. NEC is well-established as a reliable partner in the submarine cable field as a system integrator that provides all aspects of submarine cable operations, including the production of optical submarine repeaters and optical submarine cables, as well as coordinating ocean surveys and route designs, cable installation, training and delivery testing. The company is particularly strong in the Asia-Pacific region, including Japan, where NEC subsidiary OCC Corporation, is capable of producing submarine optical cables that can withstand water pressure from 8,000 meters beneath the sea.

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

Source: http://www.jcnnewswire.com/pressrelease/63920/3/

Blockchain

Futuristicx Hybrid Conclave: Driving Customer Experience through Technologies

The Middle East currently is the biggest digital hub with a massive technological transformation taking place. In the past one decade the Middle Eastern market has completely migrated its infrastructure to a digital platform. The current pandemic has enabled a forced acceleration in technological development to better serve the customer and meet their ever-changing expectations. … Continued

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The Middle East currently is the biggest digital hub with a massive technological transformation taking place. In the past one decade the Middle Eastern market has completely migrated its infrastructure to a digital platform.

The current pandemic has enabled a forced acceleration in technological development to better serve the customer and meet their ever-changing expectations. In today’s time, consumer loyalty has shifted from product and price to customer experience.

It has become imperative for the organization to re-align its strategies to retain the customers. Companies are re-modeling their legacy systems to provide a better customer journey and build tailor made solutions available with a single click for their consumers.

Considering all these parameters in the region, Exibex is proudly announcing the launch of Futuristicx Hybrid Conclave 2021 scheduled on 16th March 2021 on a hybrid platform. Themed on driving customer experience through disruptive technologies, this event will be hosted on-site for a live audience (Conrad Hotel, Dubai) and on a virtual platform simultaneously.

This summit will be focusing on technologies like RPA, Analytics, AI, Blockchain, Robotics, Cloud, and Automations that are being adopted to drive customer excellence in the cross-industry domain.

The aim of the summit is to help the industries learn and share their experiences when it comes to enlightening the path to the right customer journey approach.

Join us at this HYBRID SUMMIT either on site from the comfort of your home/office to indulge yourselves in thought provoking presentations and interactive panel discussions by the industry wizards. Keeping in the consideration of the present market situations, we are bringing one of its kind experiences to reconnect the industry while following necessary norms of your safety.

Futuristicx Hybrid Conclave is a platform created to bring all the stakeholders under one roof yet again and embrace the new normal. This is a stage to better prepare ourselves for the unpredictable future and safeguard our organization from the unknown challenges on our way.

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All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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Source: https://beincrypto.com/futuristicx-hybrid-conclave-driving-customer-experience-through-technologies/

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CFX Quantum Token – One Month, Seven Exchanges

CFX Quantum Token – One Month, Seven Exchanges

The Newly Recognized Player in the DeFi Industry Cryptocurrency and Blockchain aficionados dream of debuts like this. It’s fabled: mass adoption and platforms welcoming with open arms. Few ever obtain such widespread appeal and acceptance quite like CFXQ token of CFX Quantum and its service ZEROONE. So far, in one month alone, seven exchanges have […]

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CFX Quantum Token – One Month, Seven Exchanges

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The Newly Recognized Player in the DeFi Industry

Cryptocurrency and Blockchain aficionados dream of debuts like this. It’s fabled: mass adoption and platforms welcoming with open arms. Few ever obtain such widespread appeal and acceptance quite like CFXQ token of CFX Quantum and its service ZEROONE.

So far, in one month alone, seven exchanges have onboarded CFXQ: DIGIFINEX, LATOKEN, P2P, WHITEBIT, XT, COINSBIT, and, of course, their own platform, CFX Quantum Zeroone Wallet. This is proof that the industry is recognizing CFX Quantum as an emerging player in the DeFi industry.

But CFX Quantum and its service ZEROONE have several successes that extend beyond their platform onboarding and applications. There are many strong rumors that CFX is working diligently on a banking services project. Plus, their ZEROONE trials have been quite favorable, leading to even more rumors and expectations for future growth.

So where does that lead us? What is the nature of CFX Quantum and its service ZEROONE, and what does the future hold for a cryptocurrency and blockchain use case poised to make such an impact?

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In design and in practice, CFX Quantum and its service ZEROONE is an exercise in safety and security when trading. It’s no secret that risk is an equal currency to any currency, since risk is tied to any modicum of trading or transaction.

Thus, CFX Quantum and its service ZEROONE has, somehow, achieved the impossible: the ability to make profits at zero risk through an innovative application of arbitrage trading. The method of execution: CFXQ quantum-inspired computing with the Digital Annealer chip from Fujitsu, resulting in ZEROONE.

By staking ZEROONE, any owner can be rewarded with a premium of 1% per month. The Digital Annealer chip offers astounding speeds that create a constant flux of results, so premiums of 1%+ can be achieved with no risk to the capital involved.

While this seems like a dream come true, which owners and traders have been hunting for over a period of decades, if not from the origin of trading itself, the nature of CFX Quantum and its service ZEROONE is little more than an optimization of arbitrage trading. ZEROONE is a stable coin pegged in Euros with assets backed in Crypto, specifically USDT.

Of course, that ‘little more’ difference packs a wallop. A combination of hardware and software, the Fujitsu Digital Annealer chip can calculate immense numbers of outcomes and produce results in real time—even beating CFX’s own expectations and the fastest supercomputers and companies whose entire business model is based on hedging.

While real quantum computing may be years away, still too expensive and inefficient, CFX Quantum and its service ZEROONE, along with the Fujitsu Digital Annealer chip, is a ray of light and breath of fresh air.

Want to see proof? What if you could buy a cryptocurrency on one exchange, and immediately sell it on another exchange for a higher price? The result would be constant growth, would it not? This is where the CFX Quantum and its service ZEROONE stands— the other side of a divide where time dictates how much money can be made within a given transaction.

But does it really come down to the need for speed? No, the methodology employed as much as greater finesse and other minutiae are what empower it to make the right moves at the right speeds to maximize potential. You don’t want to be a bull in a china shop—you want to be a bull that can leverage an entire market.

That’s the power of CFX Quantum and its service ZEROONE.


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DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/cfx-quantum-token-one-month-seven-exchanges/

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Blockchain

Denarius Announces Beta of Kronos Wallet and Private Decentralized Chat

Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority. This new proof of concept takes decentralization, blockchain and privacy to the next level. “Blockchains like Bitcoin and Ethereum have paved the way of innovation for cryptocurrencies and new applications like Denarius (D): Kronos, to bridge the gap for a faster and cheaper way to transact and utilize cryptocurrency.” — James R. (Cryptocurrency User) Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority.

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Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority. This new proof of concept takes decentralization, blockchain and privacy to the next level.

“Blockchains like Bitcoin and Ethereum have paved the way of innovation for cryptocurrencies and new applications like Denarius (D): Kronos, to bridge the gap for a faster and cheaper way to transact and utilize cryptocurrency.” — James R. (Cryptocurrency User)

Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority. This new proof of concept takes decentralization, blockchain, and privacy to the next level. “Users” are able to freely join the Kronos Chat platform, as it is redundantly available due to it using peer-to-peer technology. Kronos has no downtime or possible banning of the platform. Examples of this in current history include, Amazon Web Services (AWS) taking down the Parler app’s platform hosting [1]. Google Play Store and Apple App Store removing the Parler application [2]. Signal App going offline [3]. Whatsapp invasion of privacy [4]…the list goes on.

Kronos is a secure cryptocurrency wallet but also chat reinvented. With the Kronos Chat you can chat and send cryptocurrency across the world in seconds. End-to-end encrypted messages and no storage of your chats, anywhere. Kronos Chat is powered by YOU by leveraging the latest peer-to-peer technologies. Censorship is everywhere and increasing daily. Kronos Wallet allows you to be truly free, with “self-moderation” you finally have the power to choose your own censorship while you socialize. Kronos stores only required data securely and locally, not on an unknown centralized server in the cloud. Kronos supports optional Two Factor Authentication (2FA) and One-time Password (OTP) Yubikey authentication and uses BIP39 technology for your cryptocurrency wallet with the most advanced and leading encryption technologies available today.

Bitcoin was the first cryptocurrency to solve the Byzantine Generals Problem, but transactions are slow. Ethereum created a smart contract platform, but transaction fees are expensive. Denarius stayed true to its roots by forking the original Bitcoin Satoshi code and modified the coin to become a faster and cheaper alternative to Bitcoin. Now Denarius with Kronos changes things. BTC, ETH, and D coins can be sent using the Kronos Wallet with more cryptocurrencies and tokens being added soon, possibly USDC, USDT, Namecoin (NMC), Devault (DVT), Primecoin (XPM), etc. Interplanetary File System (IPFS) integration and file uploading directly inside of the Kronos Chat also allows the user to upload files such as documents, images, and media directly inside of Kronos, ready to be shared via the plethora of IPFS public gateways available.

Cryptocurrency Credits
Bitcoin (BTC) created by Satoshi Nakamoto
Ethereum (ETH) created by Vitalik Buterin
Denarius (D) created by Carsen Klock

For more information
Kronos Wallet: https://kronoswallet.com
Denarius (D): https://denarius.io

BlockForums.org: https://blockforums.org
Bitcoin (BTC): https://bitcoin.org
Ethereum (ETH): https://ethereum.org
IPFS: https://ipfs.io

Sources
1.) https://www.theverge.com/2021/1/11/22223335/parler-amazon-terminates-web-hosting-aws-google-apple-capitol
2.) https://techcrunch.com/2021/01/08/parler-removed-from-google-play-store-as-apple-app-store-suspension-reportedly-looms
3.) https://www.cnet.com/news/signal-operational-again-after-daylong-outage/
4.) https://www.poynter.org/tech-tools/2019/whatsapps-breach-is-proof-that-online-privacy-takes-a-little-work/

Press Contact
marketing@denarius.io

Source: https://themerkle.com/denarius-announces-beta-of-kronos-wallet-and-private-decentralized-chat/

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Joe Biden Names Democratic Allison Herren Lee New SEC Chief

Lee was nominated to the SEC in 2019 to fill the open Democratic spot on the commission once held by Kara Stein.

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President Joe Biden named Allison Herren Lee acting Chairman of the Securities and Exchange Commission (SEC) on Thursday, the agency announced.

Lee was nominated and confirmed to the SEC in 2019 to fill the open Democratic spot on the commission once held by Kara Stein. She succeeds former Chairman Elad Roisman, who was appointed to lead the investment regulator while the agency was heading for transition after Jay Clayton stepped down.

Both Roisman and Lee were nominated by Trump to the US top watchdog, which is legally barred from having any more than three members from either political party.

“It’s an honor to continue my service on the Commission in this new role. I have tremendous respect for my colleagues on the Commission and the exceptional staff across the agency and look forward to working closely with them. Together we will continue the agency’s work of protecting investors and ensuring market integrity,” acting chair Lee said.

Lee specializes in securities law, writing and lecturing around the world about corporate law and financial regulation. She has originally joined the SEC in 2005 and served in various roles for 13 years, mostly as an attorney with the agency’s enforcement arm.

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Additionally, Lee was named counsel to former SEC commissioner, Kara Stein, and then as a senior counsel in the Division of Enforcement’s Complex Financial Instruments Unit.

Her long stint with the government service followed seven years in private practice focusing on antitrust, securities and commercial litigation.

“During my time as Commissioner, I have focused on climate and sustainability, and those issues will continue to be a priority for me,” Lee added.

Lee’s nomination comes as a surprise as many reports suggested Gary Gensler, the former Chief of Commodity Futures Trading Commission, was Biden’s likely pick to lead the SEC. Her prospects of winning confirmation are supported by Democrats winning two Senate run-off elections in Georgia this month.

Names floated to replace the former SEC’s Head, Jay Clayton, included Preet Bharara, Manhattan’s former top federal prosecutor under Obama’s administration whom Trump fired in 2017. Lee was among candidates who could be named interim chair as a new chair is considered.

Source: https://www.financemagnates.com/executives/moves/joe-biden-names-democratic-allison-herren-lee-new-sec-chief/

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