Zephyrnet Logo

Tag: Ecosystems

Primex Finance: Bringing Cross-DEX & Cross-Chain Trading to DeFi

Primex Finance is a decentralized finance protocol for digital assets, which enables DEX-agnostic cross-margin trading with scoring systems. DeFi is one of the most successful areas of blockchain-based products. The current problem with DeFi is the lack of trusted sources for lending and stable cross-chain interoperability. What is Primex Finance? The platform allows users to [...]

The post Primex Finance: Bringing Cross-DEX & Cross-Chain Trading to DeFi appeared first on Blockonomi.

Pakistan’s Silkbank Taps Silverlake Axis to Grow its Credit Card Footprint

SINGAPORE, Jan 28, 2022 - (ACN Newswire) - SGX-listed Silverlake Axis Ltd, the ASEAN leader in next-generation digital core banking systems and solutions, today announced an expansion of its partnership with Silkbank, a leading commercial and Islamic bank in Pakistan. Through the latest agreement, Silkbank will upgrade its card management suite to use Silverlake's latest platform, Symmetri OmniCard V6.


OmniCard V6 is an internationally certified card management system that allows banks to run flexible and secure operations including issuing and acquiring of all types of credit, debit and prepaid cards, ATM management, 3D secure e-commerce transaction processing, management of fraud, disputes, and cardholder's loyalty. This latest move also strengthens Silverlake's leadership position within Pakistan's credit card market, where it currently commands an 80 percent market share. It also allows Pakistan's and the region's banks to tap into Silverlake's award winning technologies to grow their card footprints, and in the process better cater to customers.

Gyorgy Ladics, CEO of Silverlake Symmetri, commented: "We are immensely proud of the deep and long-standing partnership we have forged with Silkbank. Pakistan continues to establish itself as a fast-growing market, with huge potential for building its credit card market, and we are very optimistic about its growth. To that end, the trust Silkbank has placed in us is a true honor, and as we continue this exciting journey together, we are confident that this trust will see strong returns."

Nabeel Malik, Executive Director, Strategy Implementation & Ops/Admin/IT/CSQ at Silkbank, commented: "Silkbank always aims to stay ahead of the market by introducing unique products supported by latest technological tools. Silverlake has been a trusted partner to Silkbank for 9 years. As we continue to transform and advance the banking landscape in Pakistan with our innovative product offerings and best-in-class services, the in-depth experience, system understanding, and professionalism of Silverlake team will be a key factor for us to grow with confidence. We hope that we will be continuing this beneficial partnership in years to come."

With over 30 years of experience across industries, Silverlake creates technologies to empower businesses in the digital economy, transforming industries like banking, insurance, retail, and logistics. Silverlake Symmetri OmniCard is a universal card and payment management system, designed to help both acquiring and issuing institutions to run efficient, secure and profitable operations. Banks can reduce time to market for new card products while at the same time offer excellent service to drive loyalty across the customer base. The solution also enables them to cross-sell and up-sell, while reducing fraud and risk, and ensuring regulatory compliance.

"With Silverlake Axis already issuing 80% of cards in the market, Silkbank's partnership to deploy our credit card solutions only solidifies our leadership position in Pakistan. However, it's only one step in our growth plan. We are seeing strong opportunities across the MENA, South and Southeast Asia regions with our Islamic and retail banking partners as well," added Ladics.

About Silverlake Axis

Silverlake Axis Ltd. (SLVX.SI; SILV:SP) is a leading enterprise technology, software and services company focused on financial services and serving 40% of the top 20 largest banks in South East Asia. Founded in 1989, Silverlake has an impeccable track record of successful delivery of innovative and transformative solutions to its enterprise customers and their ecosystems. The Group has more than 380 enterprise customers in over 80 countries across Asia, Europe, Middle East, Africa and the Americas.

Silverlake Axis was listed on the Singapore Exchange (SGX) Catalist in 2003 and moved to the SGX Mainboard in 2011. For more information, please visit https://www.silverlakeaxis.com.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSGX-listed Silverlake Axis Ltd (SGX:5CP), the ASEAN leader in core banking systems and solutions, today announced an expansion of its partnership with Silkbank, a leading commercial and Islamic bank in Pakistan. Through the latest agreement, Silkbank will upgrade its card management suite to use Silverlake's latest platform, Symmetri OmniCard V6.

What You Need to Know about Tezos (XTZ) in 2022

SINGAPORE, Jan 28, 2022 - (ACN Newswire) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partner on what you need to know about our partner coins in the year 2022, this time with Tezos.


Since August 2020, Moonstake has been supporting XTZ staking via strategic partnership with TZ Ventures, a Tezos-centric blockchain startup combinator from South Korea supported by the Tezos Foundation. Since then, Moonstake has hosted a number of campaigns that promoted awareness of the Tezos ecosystem as well as adoption of XTZ staking to global users.

Mainstream adoption of crypto reached an all-time high in 2021 and Tezos was one of the biggest players. Household names include Ubisoft, Red Bull, McLaren, The Grammy Awards, Groupe Casino, Whitney Houston, Doja Cat, Linkin Park, Cambridge University, The Catholic Church, UN Migration Agency, Deloitte, Save the Children, United Nations Development Programme (UNDP), and many more have started building on Tezos network. This has resulted in major growth on Tezos in the realms of NFTs, DeFi, and DApps. By the end of 2021, Tezos recorded over 33 million contract calls on mainnet with 24.5 million transactions being NFT related. In this article, we will be interviewing our partner at TZ Ventures about what is in store for the Tezos ecosystem and its user community in 2022.

Q1 Which 2021 achievements are you the most proud of?

We are very proud of and still support (tech consulting) our incubating firms who received funding - 1 Seed, 1 Series A, 1 Series B funding were secured in 2021. We are also cooperating with prominent projects in the game, NFT, K-pop and fin-tech industries and have signed numerous blockchain research MOUs. Additionally, we are currently incubating established companies in the metaverse and NFT space - projects projected to be the next big thing in Asia.

Q2 What measures are you going to take in 2022 to further increase adoption of Tezos?

Firstly, we will focus on assisting projects in applying for and receiving Tezos Foundation Grants - more than US$2.5 million in funding for over 200 projects in at least eight countries has been granted since Q2 2021. Also, We will leverage the focus of the Tezos Foundation as it positioned itself as the blockchain popular for developers and creators of NFTs: Most notably in Tezos, music NFT platforms such as Quincy Jones-backed OneOf and AmplifyX, as well as art NFT marketplace Hic et Nunc among many built on Tezos. Formula One teams Red Bull Honda Racing and McLaren Racing are also partnering with Tezos to build and create NFTs for fan engagement.

Q3 What can users expect from Tezos in 2022?

As stated previously, you can expect a faster turnaround in the Tezos Foundation Grants process. Also, NFTs will flourish on the Tezos network due to the blockchain's energy-efficient design and lower gas fees.

Moonstake is proud to be strategic partners of TZ Ventures. We will continue to maintain strong support for the ever growing and developing Tezos ecosystem and hope to bring even more great value to XTZ and crypto users worldwide in 2022 to help accelerate adoption of the Tezos and Moonstake ecosystems together.

About Moonstake

As a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.

Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.

So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company "OIO Holdings Limited" on the Singapore Stock Exchange and we are working to further expand Moonstake's business and improve our credibility. https://www.moonstake.io/

About TZ Ventures

TZ Ventures incubates early stage blockchain startups on Tezos. They provide support to projects building on Tezos and venturing into equity financing in South Korea. They mainly incubate projects on Tezos and aim to build real business use cases of blockchain technology. They run a regular program that assists startups with office space, technical support, mentoring, marketing, partnerships, fund-raising and more. https://www.tz.ventures/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTo welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partner on what you need to know about our partner coins in the year 2022, this time with Tezos.

Doge Temple creator says the Metaverse is out, the Microverse is in

Niche “Microverse experiences” are the future of the Metaverse. According to the CEO of virtual party platform Party.Space Yurii Filipchuk,

Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving — Says Crypto ‘Is Happening’

Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving — Says Crypto 'Is Happening'Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, says his view on cryptocurrency is evolving. “I look at the crypto, and it is happening,” he added. Goldman Sachs Executive Lloyd Blankfein Says Crypto ‘Is Happening’ Lloyd Blankfein, a former Goldman Sachs CEO who has voiced skepticism about […]

How to address digital safety in the metaverse

• with digital pitfalls formerly being high, especially for vulnerable groups, safety pitfalls could be more current in the metaverse.

R vs Python (Again): A Human Factor Perspective

This post is tentative to explain by "human factor" - a typical Python vs. R user, the widespread opinion that Python is better suited than R for developing production-quality code.

Celsius integrates with Chainlink to create cross-chain wrapped tokens

Celsius and DeFi engineering arm CelsiusX will integrate with Chainlink Proof of Reserve to create wrapped versions of tokens such as Cardano, Dogecoin and Ethereum in a bid to unlock cross-chain liquidity.

Reflecting on Coinbase Ventures’ record year in 2021

Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey, Ryan Yi & Justin Mart.2021 was...

Rally Social Token Founders SuperLayer to Expand RLY Network to Solana

SuperLayer, the venture studio from the co-founders of Rally, has chosen Solana to host RLY-powered consumer products.

‘Happening’ crypto-market will be fine despite corrections: Former Goldman Sachs CEO

The market sentiment around digital assets suffered a major blow following the crash in the crypto-market. And yet, different analysts have shared undeterred bullish scenarios for the space. In fact, formers critics too have joined this bandwagon to express optimism regardless of the recent market correction. What’s happening? Former Goldman Sachs CEO and Chairman Lloyd […]

Titan CEO Ryan Condron Talks About The Future Of Crypto Mining

Titan CEO Ryan Condron Talks About The Future Of Crypto Mining

E-Crypto News' update provides the latest articles on technology and cryptocurrencies.

e-cryptonews.com

Continue reading Titan CEO Ryan Condron Talks About The Future Of Crypto Mining at E-Crypto News.

Latest Intelligence

spot_img
spot_img