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TAMPA, FLA., Mar 11, 2022 - (ACN Newswire) - The VetCoin Foundation 501c3, a non-profit organization working with the veteran community to provide them with a more stable and secure future by using blockchain technology, is organizing a one-day event called 'Leave No Veteran Behind' in Tampa, Florida, on May 12, 2022. This event aims to bring veterans under one roof and explore new options in the Web3/Metaverse, a market expected to grow to $8 Trillion in the next decade.

With National Military Appreciation Month celebrated every year in May, the event is appropriately timed to serve as a platform to educate the veterans about possible solutions that blockchain could offer to build a bright future. The event organizers will also recognize a local veteran-owned business with a business incubator grant, and all attendees will be given a free NFT as a token of appreciation.

"The goal of the Vetaverse is to help the heroes create a better and secure future by utilizing the power of new technologies such as blockchain and web3. The purpose of this event is to offer a platform to our veteran community to gather and learn from the experts and be aware of the options that are available today," said Dr. Aaron Bazin, President of VetCoin Foundation.

War changes people. Hence, it is even more crucial to help the veteran community create a safe future with financial security as the topmost priority. At present, there are 17 million veterans in the country, and women vets are turning into the fastest growing homeless population in the USA. "The situation is alarming and needs immediate action. We have to help our veterans who are struggling with problems like mental health issues, financial insecurity, difficulty accessing capital, biggest of them being homelessness," Dr. Bazin added.

The VetCoin Foundation's value proposition is based on three principles - connect, enable, and transform. The organization's overarching aim is to provide veterans with access to the blockchain economy and will allow them to buy and invest in building their future. The token VetCoin is entirely secure, fully transparent, and the first cryptocurrency dedicated to the veteran community.

Dr. Bazin said about VetCoin, "VetCoin is an ERC-20 token on the secure Polygon blockchain. The number of tokens commemorates June 14, 1775, the founding day of the U.S. Armed Forces. Our mantra is to give back to the community with each transaction."

The VetCoin team is a brilliant mix of US servicemen and civilians with extensive blockchain experience, making this project come to life. The organization's core values can be summed up in one word, "SERVICE": selfless business model, empathy, resilience, vision, integrity, courtesy, and empowerment.

Visit VetCoin's website (https://vetcoinhq.com/private-sale/) to participate in the token pre-sale until March 15th, 2022. Don't miss the opportunity to join the Vetaverse!

Dr. Aaron Bazin
The VetCoin Foundation
aabazin@gmail.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe VetCoin Foundation 501c3, a non-profit organization working with the veteran community to provide them with a more stable and secure future by using blockchain technology, is organizing a one-day event called 'Leave No Veteran Behind' in Tampa, Florida, on May 12, 2022.

The entirety of Bitcoin’s existence is dedicated to its usability by anyone regardless of their intent.

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On February 10, 2022, in Junker v. Medical Components, Inc., the U.S. Court of Appeals for the Federal Circuit reversed the Eastern District of Pennsylvania’s grant of summary judgment of no invalidity under the “on-sale bar” of 35 U.S.C. § 102(b) (pre-AIA).  Mr. Junker’s lawsuit alleged that Medical Components, Inc. and Martech Medical Products, Inc. (collectively, “MedComp”) infringed the claimed design of U.S. Design Patent No. D450,839 (the “D’839 patent”), entitled “Handle for Introducer Sheath.”

Under 35 U.S.C. § 102(b) (pre-AIA), a patent claim is invalid if “the invention was . . . on sale in this country, more than one year prior to the date of the application for patent in the United States.”  Section 102(b)’s on-sale bar is triggered if, more than one year before the United States patent application filing date (i.e., before the “critical date”), the claimed invention was both (1) the subject of a commercial offer for sale and (2) ready for patenting.  Mr. Junker filed the application that led to the D’839 patent on February 7, 2000; as such, the critical date for analyzing the applicability of the on-sale bar is February 7, 1999.  The parties did not dispute that the claimed design was ready for patenting, but disagreed whether a January 8, 1999 letter was a commercial offer for sale of the claimed design or merely a quotation of the parties’ preliminary negotiations.

Applying traditional contract law principles, the Federal Circuit held that the January 8, 1999 letter was a commercial offer for sale.  First, the Federal Circuit noted that the letter was directly responding to a “request for quotation.”  In addition, the letter also contained a number of necessary terms typical for a commercial contract such as “shipment in bulk, non-sterile,” “FOB Athens, Texas,” and a “net 30-day basis” payment term.  The Court further highlighted that the letter specified multiple different purchase options for the patented products.  Accordingly, the Court determined based on the “overall language of the letter” that the specificity and completeness of the commercial terms therein outweighed three references to “quotation” and mention of possible future discussions.  The Federal Circuit thus found that the letter triggered the on-sale bar and invalidated the D’839 patent, and therefore reversed the district court’s summary judgment of no invalidity.

The Federal Circuit’s decision is available here.

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JAKARTA, Mar 10, 2022 - (ACN Newswire) - The B20 Energy, Sustainability & Climate Task Force, led by the largest Energy State-Owned Enterprise in Indonesia PT Pertamina (Persero), has proposed three green energy transition recommendations to be presented at the G20 high-level meeting in Bali in November 2022.
The three recommendations were agreed upon during the Business 20 (B20) Inception Meeting held virtually at the end of January 2022, as noted in a release issued by PT Pertamina and received here on Thursday.

The Business 20, or B20, is an outreach group from the G20 that represents the international business community.

Chair of B20 Energy, Sustainability, and Climate Task Force Nicke Widyawati emphasized the importance for Indonesia to transition to green energy as mandated by President Joko Widodo.

According to Widyawati, the energy transition effort is a challenge for all, but it should also be viewed as an opportunity to create sustainable economic growth in future by implementing good established scenarios and roadmaps, especially with regard to the financial aspects.

"The B20 Energy, Sustainability and Climate Task Force has the same priorities as Indonesia's G20 presidency in which we must be a strong green energy catalyst and go hand in hand with the principles of energy security, energy equity, and environmental sustainability," Widyawati, concurrently the president director of state-owned oil giant Pertamina, stated.

She further noted that the Task Force will formulate some policy recommendations for sustainable energy transition, with focus on three priority issues.

- First, the Task Force will put forth the recommendation on accelerating transition to sustainable energy use in order to ensure that global warming is limited to a maximum of 1.5 degrees Celsius.

With regard to such a recommendation, the main efforts identified for the energy transition policy is the development of alternative fuel industries around the use of hydrogen and biofuels.

- The second issue for recommendation is to ensure a fair and affordable way of transition as well as global cooperation on impact mitigation and support for adaptation to changes brought about by energy transition.

- The third is global cooperation in increasing energy security for households and MSMEs as a means to end extreme poverty and accelerate energy transition to sustainable energy use.

"Those three priority issues will form the basis for formulating policy recommendations from the Energy, Sustainability and Climate Task Force by considering other critical issues, such as carbon pricing, global cooperation, livelihoods, and institutional development for financing and technology adoption," Widyawati explained.

She also stated that energy is a binding constraint for sustainable economic growth and is a crucial matter for economic development to recover from the impact of the COVID-19 pandemic.

She also emphasized that urgent and focused action was currently needed to address various global challenges, including the lagging rate of energy transition, climate change due to anthropogenic greenhouse gas (GHG) emissions that have become a critical issue, and economic growth depending on fossil fuel energy consumption that contributed to most of the GHG emissions.

Widyawati also pressed for expediting energy transition globally while continuing to increase energy security and equity in an effort to sustain economic growth and reduce extreme poverty.

In addition, the financing gap must be bridged and investment must be shifted more to the energy transition infrastructure that can be paid for by carbon pricing, she remarked.

Widyawati also accentuated the importance of ensuring energy equity by increasing access to and affordability of clean and modern energy that is not only essential for a successful transition but also delivers environmental and economic benefits.

"Renewable energy-based power generation, electrification, and energy efficiency are the main pillars for faster energy transition, technology investment, and energy transition sector," she stated.

"However, developing countries still lack frameworks, well-established governance, markets, advanced financial services, trained workforce, and access to advanced technology. Those aspects are needed for changes (in energy transition), and all of them are owned by developed countries," she remarked.

At the B20 Inception Meeting, the Task Force Deputy Chair Agung Wicaksono stated that in order to seek inputs from businesspersons, the Task Force had also conducted a survey.

The survey covers 13 potential issues: institutional development, global cooperation, alternative energy sources, differential rates per sector, prevention of new carbon lockouts, carbon pricing, mitigation of financial impact, mitigation of loss of livelihoods, standardized ESG frameworks, ensuring orderly transitions, increasing access, affordability and adoption of end-user technologies.

Wicaksono stated that the survey results became the basis for the Task Force to formulate recommendations.

He also acknowledged that the energy transition efforts will require structured and committed global cooperation in improving governance capacity, supporting market development, channeling finance and technology, and upgrading workforce skills.

"The spirit, hard work, and commitment of this meeting continues, and it will bring global change for the better after the COVID-19 pandemic, so that we can Recover Together, Recover Stronger," he remarked.

Written by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022

Media Contact: Fajriyah Usman, Vice President Corporate Communications, PT Pertamina (Persero)
Mobile: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe B20 Energy, Sustainability & Climate Task Force, led by the largest Energy State-Owned Enterprise in Indonesia PT Pertamina (Persero), has proposed three green energy transition recommendations to be presented at the G20 high-level meeting in Bali in November 2022.

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