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NEC Launches Simulated Annealing Service Utilizing Vector Supercomputers



TOKYO, Sep 01, 2021 – (JCN Newswire) – NEC Corporation (TSE: 6701) today announced the launch of the “NEC Vector Annealing Service,” a quantum-inspired simulated annealing service that uses a vector supercomputer, as well as the launch of educational services that enable participants to learn about quantum computers and how to use simulated annealing machines. NEC will start offering both services in November 2021.

NEC Vector Annealing Service is a cloud service that runs software incorporating NEC’s proprietary algorithm suitable for quantum annealing processing on the vector supercomputer “SX-Aurora TSUBASA.” This algorithm can be efficiently resolved through narrowing down the search range of solutions for combinatorial optimization problems by utilizing various constraints imposed in practical situations. By operating the NEC Vector Annealing Service on SX-Aurora TSUBASA, which performs matrix calculations with a large capacity memory, ultra-high-speed processing of large-scale combination problems can be carried out. This service is provided as a Platform as a Service (PaaS), thereby allowing customers to use simulated annealing machines directly.

Also, NEC will provide educational services related to quantum computers. These services consist of basic courses for planning staff and DX promoters to learn the outline of quantum computers, as well as practical courses for system engineers to learn about tools and methods for using annealing machines.

With growing interest in quantum computing, which is expected to help quickly solve difficult problems and increasingly complex social issues that could not be solved in the past, NEC is proceeding with research toward the commercialization of quantum computers as one of the world’s first companies to successfully manufacture “quantum bits,” which are at the core of quantum computers. In 2020, NEC established a “Quantum Computing Promotion Office” to explore use cases for solving business issues at various companies by engineers who are familiar with quantum computing technologies and AI.

With these new services, NEC will promote the use of quantum computing by companies and universities and contribute to the resolution of social issues.

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

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ACN Newswire

Loh Boon Chye, CEO, Singapore Exchange (SGX): Strengthen market connectivity; support China’s internationalisation



SINGAPORE / WUHAN, CHINA, Oct 18, 2021 – (ACN Newswire) – To achieve its Five-Year Plan, including its ‘dual circulation’ and ‘new development’ strategies, China has continued to promote innovation, digital trade, and sustainable development, making a significant difference in the global landscape. On 13 October, Loh Boon Chye, Vice Chairman of the World Federation of Exchanges (WEF) and CEO of the Singapore Exchange (SGX), delivered a video address at the “Digital Trade and Technology” thematic event during the 2021 Global Digital Trade Conference and the Wuhan (Hankoubei) Commodities Fair.

Loh Boon Chye, Vice Chairman of WEF and CEO of SGX delivering his speech at the 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair thematic event “Digital Trade and Technology”

As an international multi-asset exchange, SGX is a strong supporter of China’s internationalisation efforts across equities, fixed income, currencies, and commodities, and ultimately its economic growth, as capital flows and trade flows are inseparably linked. Loh says that the defining trends of our time, whether in digitalisation or sustainability, are borderless, and collaboration is essential to harness their fullest benefits.

At the same time, SGX continues to look for ways to strengthen market connectivity between Singapore and China, and Southeast Asia. SGX’s Loh feels that Southeast Asia is fast leapfrogging in digitalisation, as reflected in an increasing number of technology unicorns. Technology is another means to enhance greater connectivity across borders and across multiple asset classes. “Digitalisation has the potential to transform the efficiency of capital markets and advance Asia’s capital markets infrastructure,” says Loh.

Loh Boon Chye said that Singapore has recently announced a range of initiatives to serve as Asia’s leading enterprise financing hub, including establishing an investment fund, a Growth IPO Fund, and enhancing its Grant for Equity Market Singapore (GEMS) scheme. “We are continuing to build a more conducive ecosystem that enables growth capital for companies across their different stages of development, supporting Chinese enterprises as they expand globally.”

With the unique position at the centre of the market ecosystem, Exchanges play an important role in their countries’ economic development and sustainable society. In closing, Loh reiterated SGX’s commitment to support China in its internationalisation journey and look forward to greater collaboration opportunities and mutual success.

The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair in Wuhan, Hubei Province, China runs through October 26, 2021. The event has attracted representatives from 100+ countries as well as over 10,000 merchants. At the opening, 15 well-known enterprises and institutions from across the country signed a proposal to support the construction of a national trade logistics center in Wuhan. (

Contact: ZALL Smart Commerce Group,, e:

Topic: Press release summary
Source: ZALL Smart Commerce Group Ltd

Sectors: Transport & Logistics, Daily Finance, Daily News, Digitalization, ASEAN, Local Biz

From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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Evans and TOYOTA GAZOO Racing Seal Second in Spain



Toyota City, Japan, Oct 18, 2021 – (JCN Newswire) – Elfyn Evans finished second overall at the Rally de Espana to set up a final-round FIA World Rally Championship title decider with his TOYOTA GAZOO Racing World Rally Team team-mate Sebastien Ogier, who finished fourth.

Car 33 (Elfyn Evans, Scott Martin)

Evans and co-driver Scott Martin had led the rally after winning the first three stages on Friday, but despite battling hard didn’t quite have the level of performance over the rest of the weekend to maintain the fight for the victory. Still, the second-place finish ensures that Evans remains in with a shot of a maiden drivers’ championship going into the final round in Italy.

Ogier was in contention for a podium position all the way to the end of the rally, but just missed out on third position in a closely-fought battle through the final day’s four stages – missing out by 6.8 seconds. Nevertheless he and co-driver Julien Ingrassia continue to the lead the standings with a 17-point advantage over their team-mates as they look to claim an eighth world title.

In the manufacturers’ championship, the points scored by Evans and Ogier – including those achieved by setting the third and fourth fastest times in a tricky rally-ending Power Stage – have added to the team’s tally and brought it a step closer to sealing the title. TOYOTA GAZOO Racing leads by 47 points with a maximum of 52 available from the final round.

All three of the team’s cars finished inside the top five places, with Kalle Rovanpera and Jonne Halttunen securing fifth in the overall classification and in the Power Stage on their first time competing in Spain in the top category of the WRC.

TGR WRC Challenge Program driver Takamoto Katsuta also continued his learning alongside co-driver Aaron Johnston as they reached the finish after restarting the event on Saturday morning.


Akio Toyoda (Team Founder)
“Just before this rally, I received a message from Jari-Matti. He told me that regaining the manufacturers’ championship as a team principal and celebrating together with me was one of his dreams. Three years ago, as a driver, he was having a very tough season. His first win that year was at the final event in Australia and his victory brought the team’s manufacturers’ title in 2018. I clearly remember how happy and excited I was. I, as a driver, was participating in a rally in Japan on that day. When I got the news, I shouted with joy and sent him a congratulatory message right away. I am sure that his dream will come true in Monza, and am looking forward to celebrating together with him.

The drivers’ and co-drivers’ champions were not yet decided either. I simply hope that Seb & Julien and Elfyn & Scott will compete without regrets until the very end, and I’m sure the team will prepare the best cars for them to do that.

The next rally will be the last event we compete in with the current Yaris WRC. Since we came back to WRC in 2017, we have been always saying “let’s keep making the Yaris WRC stronger”. I hope we can have a solid competition in Monza and that the crews and our fans will see the Yaris WRC is the strongest in the last event. I am confident that the team will make it happen!

P.S. to Julien,
I really hope Monza will be a great event for you as it will be your last rally. I wish I could witness your final event in Japan. I’m still disappointed it didn’t happen… Good luck!”

Jari-Matti Latvala (Team Principal)
“In the end this weekend was not as strong for us as it could have been. It’s important that we learn for the future about why we were struggling at times and how we can react better. But there are still positives: Firstly, that all three cars finished in the top five without any problems. Also, second place for Elfyn is another good result for him and it keeps the fight for the drivers’ title alive until the final round, which is obviously exciting for the championship as a whole. The manufacturers’ championship wasn’t quite decided in our favour this weekend, but our target now is to secure both titles in style at Monza.”

Sebastien Ogier (Driver car 1)
“Coming here I was targeting more than fourth position, but it is still good points towards the championship. It was a close fight today and we definitely tried in the first three stages; then the rain on the last one did not help with my strategy of not taking risks, and I was definitely on the safe side there. But overall, we have to remember that this weekend is another positive step for the championship and that’s what matters the most. It’s not over yet though, so we’ll have to be good at Monza and try to repeat the success we had there last year.”

Elfyn Evans (Driver car 33)
“Second place is a positive result but it’s not so easy to be happy when we made such a good start to the weekend. Unfortunately it faded away a little bit and I didn’t feel completely at one with everything. There was perhaps a little bit more to gain from this weekend. The good thing from the weekend is that we managed to close the points gap and that the championship is still open. Realistically it’s a big gap to close in one round, but as we experienced last year, anything can still happen and we’ll try our best once again at Monza.”

Kalle Rovanpera (Driver car 69)
“Overall it has been quite a good weekend for us. There was a lot of learning, especially on Friday, but it got better with the setup and with my driving as the weekend went on. Today we were aiming for the Power Stage but the conditions were tricky and it was drying for the guys behind us on the road, so we didn’t have the chance to fight for more. We didn’t quite find the perfect feeling and not the pace that we wanted, but we tried our best and it was a solid weekend.”

For the latest results please visit

What’s next?

Italy’s famous Monza racing circuit will host the final round for the second year in a row on November 19-21. This year’s event features a greater number of stages on mountainous asphalt roads near Bergamo.

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Blockchain News

The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week



ProShares’ Bitcoin futures ETF will start trading next week, that is according to an amended filing from ProShares (a U.S. provider of specialized exchange-traded products like leveraged, inverse and volatility exchange-traded instruments) indicated on late Friday, October 15. (52).jpg

The announcement makes a milestone achievement to the cryptocurrency industry in the U.S. The U.S. Securities and Exchange Commission (SEC) has approved the first Bitcoin futures ETF in the sector on Friday afternoon, October 15, after five commissioners working for the agency met to examine the matter.

ProShares, which filed its application in August, is set to launch its Bitcoin Strategy ETF next week. The firm filed its post-effective amended prospectus on Friday, October 15, saying that Bitcoin futures EFT will be allowed to start trading next week, which is today, Monday, October 18. However, the fund may not begin trading immediately.

ProShares’ Bitcoin strategy ETF shares would be listed on the New York Stock Exchange’s Arca. Late Friday afternoon, NYSE Arca certified its approval for the listing, meaning that ProShares asset management firm would allow investors to trade the funds as allowed under federal law without SEC intervention.

The ProShares Bitcoin strategy ETF, which will expose Bitcoin futures contracts, will trade under the ticket “BITO.”

According to the new filing, today, Monday, is the proposed date for the listing, though that does not necessarily imply that when it will start trading, that could come late in the week.

The Approval Boosted Bitcoin Prices

Crypto advocates believe that ProShares’ Bitcoin futures ETF will be more broadly accessible for individuals interested in Bitcoin than the actual cryptocurrency by giving investors a regulated alternative to the underlying digital asset. The first product will track Bitcoin futures rather than the price of Bitcoin directly.

The ProShares’ announcement indicates that the SEC is likely to approve further listings of Bitcoin futures ETFs at this point round. Crypto advocates have been pushing the regulator for several years to approve an ETF related to Bitcoin. The latest arrival is expected by many to bring in a new class of investors into the digital currencies.

The anticipation of the ETF’s listing seemed to have boosted Bitcoin price over the previous week. The crypto-token surged more than 10% over the last week and was trading above $61,000 on Friday afternoon.

Several firms such as Valkyrie, Invesco, VanEck, and Galaxy Digital, which have applied to launch such similar ETFs, could follow ProShares into the market in the coming weeks. 

SEC chairman Gary Gensler recently signalled that he believes futures-based products might offer more robust investor protection because of the laws under which they operate.

Image source: Shutterstock
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Source: https://Blockchain.News/news/the-first-bitcoin-futures-etf-approved-u.s-expecting-start-trading-this-week

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ACN Newswire

UpBots Launches Version 2.0 of its Crypto Trading Platform



NEW YORK, Oct 16, 2021 – (ACN Newswire) – UpBots has launched Version 2.0 of its crypto trading platform, and will be giving away 50,000 UBXT and an exclusive one of a kind NFT to celebrate the launch of its Version 2.0 platform interface, where users can use free accounts to trade manually or with trading bots in a lightning fast, non-custodial, safe, and user friendly environment for retail investors.

UpBots, an FTX backed project, will launch Version 2 of their commercial platform to the public in the coming days during two weeks of celebrations, contests, airdrops and giveaways.

UpBots is the first trading platform to bring institutional-grade automated trading bots, social copy trading, and other advanced trading tools, built on the blockchain, to the retail investor.

With more than 10,000 accounts on the beta platform prior to launch and an FTX IEO that was over-sold in just 90 seconds, the market is responding.

In addition to providing cutting edge trading and investment tools UpBots leverages the blockchain to create an ecosystem where success is incentivized at every level throughout the platform to all stakeholders.

The ethos of “everyone wins or nobody does” is not simply a catchphrase but rather something that is hardcoded into the software of the UpBots platform. When trading bots close a trade in profit, the user pays a commission in UBXT, the native utility token, to the algorithm developer and to UpBots, as well as to the staking pool and the token burn program.

This means unless users close does not trade in profit, neither the algorithm developer of the trading bot, nor UpBots make any income. Instead the user gets a virtual credit for the amount of UBXT they should have had to pay had the trade closed in profit.

So when a trading bot closes in loss, both UpBots and the Algorithm Developer, miss out on a performance fees for that lost trade but also the for next one that closes in profit as the virtual credit from the users account is applied to pay future performance fees.

This is the revolutionary, completely fair, blockchain-based Performance Fees system UpBots has built so that quite literally everyone wins or nobody does.

Accounts are completely free because the well-established team of crypto evangelists behind UpBots want to help crypto adoption and recognize there still exists a large barrier to entry for most.

Trading is hard, so it is the goal of the team to combine a user-friendly interface with zero knowledge tools so that anyone can take their first step into crypto in a more safe way, with well-managed risk in an environment where everyone is financially incentivized to see them profit.

To celebrate this major product release UpBots is running a giveaway draw where one person will win 50,000 UBXT and another will win an exclusive NFT.

The only requirement to enter is to sign up for an UpBots account and connect at least one exchange account. UpBots is non-custodial so this connection to centralized exchanges is via API which is highly secure and does not permit the withdrawal of user funds.

Inside UpBots users will find a brand new, more beautiful, and lightning fast interface, designed by a former lead designer of Paypal, completely built from the ground up, and incorporating hundreds of community improvement suggestions.

Users can trade manually or algorithmically from UpBots on Binance, FTX, OKEx, Kucoin, Huobi and Bitmex with all other reputable exchanges being added in due course.

Media Contact
Company: UpBots GmbH
Contact: Neil Sisson
Twitter: @neilsisson | @upbotscom


Topic: Press release summary
Source: UpBots GmbH

From the Asia Corporate News Network

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