BitOoda Digital, LLC (BitOoda) today announced it successfully executed the first BitOoda Hash„¢ contract. The initial contract was between Coinmint LLC (Coinmint), operator of the largest digital currency data center in North America, and an undisclosed buyer. The contract is a standardized agreement for the purchase and sale of large blocks of physically-delivered Bitcoin hashpower “ computing power utilized to run the Bitcoin mining algorithm “ from industrial cryptocurrency mining operations. Tagomi Trading, LLC (Tagomi) will act as the calculation and settlement agent for the buyer, handling the delivery, custody, and conversion of the BTC mined with the purchased hashpower.
Sam Doctor, Chief Strategist at BitOoda, said: Institutional market participants demand professional products and solutions. This contract, built with an emphasis on transparency and accountability, is a critical step forward in the evolution of hash as a fungible commodity and the development of a robust hashpower market. Buyers accept price and difficulty risk in exchange for the opportunity to own Bitcoin at a discount to spot, while selling miners lock in their profits and receive an alternate source of capital to fund growth.
This first-of-its-kind product optimizes the settlement and delivery process, and enables seamless transacting of hashpower in the over-the-counter markets. BitOoda aims to scale the operation with its partners Coinmint and Tagomi and establish a frictionless end-to-end solution for global hashpower merchants.
“We’re excited to be working with BitOoda and top industry participants in facilitating more advanced products, and acting as the trade execution and settlement layer for them,” said Marc Bhargava, Co-founder and President of Tagomi.
Ashton Soniat, CEO of Coinmint, said: At Coinmint, we pride ourselves on being at the cutting edge of the mining space. This contract represents the next step in creating a transparent and liquid hashpower market in North America.
BitOoda plans to introduce the product worldwide alongside its proprietary suite of mining services, which also includes the previously released BitOoda Difficulty„¢ swap. To learn more about BitOodas offerings, please email [email protected].
BitOoda Holdings, LLC is a global financial services platform based in Jersey City, NJ. Its mission is to accelerate the global adoption of transformational technologies by promoting transparent and efficient marketplaces, through innovative and professional capital markets solutions. BitOoda Holdings, LLCs subsidiaries include Ooda Commodities LLC, a CFTC/NFA-registered Introducing Broker; BitOoda Technologies LLC, an SEC/FINRA-registered Broker-Dealer; and BitOoda Digital LLC, which has applied for a NY DFS BitLicense. BitOoda Hash and BitOoda Difficulty are trademarks of BitOoda Holdings, LLC. For more information please visit www.bitooda.io.
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Future FinTech Appointed Weicheng Pan as Chief Strategy Officer
BEIJING, Oct. 1, 2020 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) (hereinafter referred to as "Future Fintech", "FTFT" or "Company" ) a leading blockchain e-commerce company and a service provider for financial technology, today announced it has appointed Mr. Weicheng Pan as Chief Strategy Officer of the Company. Mr. Pan will be responsible for the Company’s strategic planning, international M&A, investment and financing activities, and will support the management team to promote the Company’s global development strategy.
Mr. Weicheng Pan is an angel fund investor in China and a trainer for Chinese enterprises. Since November 2019, Mr. Pan has served as dean of Guangdong Jewish Mindset Business School and president of Malaysia Chengji Business School. From January 2016 to October 2019, Mr. Pan served as chairman of Chengji Group, a company incorporated in China.
Mr. Pan has conducted over 100 lectures in Malaysia and Singapore with over 10,000 students attendance with the "Jewish business thinking" as its main lecturing topic. In September 2019, Mr. Pan was awarded the Asia-Pacific Education Lifetime Achievement Prize. From April 2014 to December 2015, Mr. Pan served as an investment banking adviser of Huatai Securities and he assisted several Chinese companies listed on the ChiNext and NEEQ in China. Currently Mr. Pan serves as an independent director of the Board of TD Holdings, Inc. (NASDAQ: GLG)
In July 1999, Mr. Pan graduated from Wuhan University of Science and Technology with a Bachelor degree in Business Administration.
"Mr. Pan is a leader with innovative ideas and forward thinking. He has more than 20 years of experience in corporate strategic planning, M&A, financing and investment strategies, and has extensive expertise in negotiating and executing complex transactions. "Future FinTech CEO, Mr. Shanchun Huang, said, " Mr. Pan will greatly enhance the strength of FTFT management team and guide FTFT to a new growth stage. He has the business acumen to evaluate investment opportunities and has many successful M&A experience. We are very happy to have Mr. Pan as our chief strategy officer and join the Company’s management team which will benefit the Company and its shareholders."
Mr. Weicheng Pan said: "I am very happy to join a dynamic team such as FTFT. I am believe that with my years of experience and channels in global business, I could help the Company making the right decisions and providing new solutions to assist FTFT’s business transformation into challenger banking and online payment fields. I look forward to working with the FTFT team to implement our growth strategy in these new fields."
About Future FinTech Group Inc.
Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based e-Commerce technology as well as financial technology. For more information, please visit http://www.ftftex.com/.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
RENOSY ASSET Receives 2020 Good Design Award
TOKYO, Oct.1, 2020 /PRNewswire/ — GA technologies Co., Ltd. (Headquarters: Minato-ku, Tokyo; President, CEO and Representative Director: Ryo Higuchi; Securities code: 3491; "The Company") hereby announces that being at forefront of real estate investment service, RENOSY ASSET has received the 2020 Good Design Award.
The award recognizes the customer experience of RENOSY ASSET, which provides a seamless real estate service （*1） from property selection to loan review, contract signing and income/expenditure management, to be completed online. Group company ITANDI, Inc. (Headquarters: Minato-ku, Tokyo; Representative Director: Shinpei Noguchi) has also received the award for its self-showing rental website OHEYAGO（ https://oheyago.jp/）
*1 Some documents are still needed to be signed in papers and required to send it by post.
◆ About RENOSY ASSET (https://www.renosy.com/asset)
The Company provides an integrated and seamless real estate service (renting, purchasing, investing, renovating and selling) that leverages technology under the RENOSY general PropTech brand. RENOSY ASSET is an asset building service that leverages real estate. Through data-driven proposals that utilize AI and experienced agent support, The Company is providing an unprecedented real estate investment experience from consideration of investments to management of properties.
<Key points of design>
The three key points below were used to design the real estate purchase experience. (Quoted from the Good Design Finder winners list)
- Fully non-face-to-face buying and selling of real estate via online meetings, IT-based disclosures, digital contracts, and loan applications（*2）
- Availability of property information and income/expenditure patterns via QR code makes it possible to run various income/expenditure simulations for comparison and consideration
- Contract documents for owned property such as monthly cash flow management and confirmation of new properties for sale can be saved as digital
*2 Loan applications at some financial institutions
<Comment from judge>
Online contract procedures are something for which demand has increased all at once due to the COVID-19 pandemic. RENOSY ASSET is designed to offer a real estate investment service that takes everything from property selection to contract signing, loan review, and income management online. The important thing when it comes to conducting high-priced transactions such as real estate online is securing the trust of both parties. Building a system to ensure transparency in the series of processes from gathering information on properties to the reviewing of process is sure to serve as a model when taking other operations and services online.
◆ RENOSY’s past and future pursuing a better customer experience
Based on the mission of "inspiring people with technology and innovation", The Company has worked on reforming the customer experience in the real estate domain since its founding. The real estate industry is an analog one with paper-based materials and contracts as well as telephone/fax communications still in wide use. As such, the customer must also deal with the analog nature of the processes, and digitalization is a challenge. On the other hand, real estate is a high-priced product, so ensuring a relationship of trust between the customer and the company is a key point for ensuring post-purchase customer satisfaction and designing the experience. The Company got its start selling real estate but has been working on digitalization of various processes since its founding and emphasizing the utilization of technology from these standpoints. By placing the same level of emphasis on real services such as face-to-face meetings and proposals by agents, The Company has provided cutting-edge real estate investment services that combine real estate and technology.
However, the way things are done in society continues to change dramatically in response to COVID-19. Business deals addressing the new normal are being sought after in various industries, and non-face-to-face transactions that leverage technology are gaining attention in the real estate industry as well. The Company has been promoting digitalization of the real estate transaction process for some time and, under the current circumstances, was able to launch a fully non-face-to-face real estate sales 17 days after the declaration of a state of emergency.
The Company will work on further improvements of customer experience created by combining real estate and technology and promote research on building trust in non-face-to-face transactions in anticipation of the post-COVID-19 era. In so doing, The Company aims to create and share the next design.
◆ About the Good Design Award
The Good Design Award is a movement aimed at enriching our lives and society through design. Since the foundation in 1957, it has been commonly known together with the "G Mark", the symbol of winning the award.
Good Design Award has recognized various objects surrounding us, including industrial goods, architecture, software, systems, services and so on. No matter tangible or intangible, Good Design Award will take it as design, evaluate and honor its quality, as long as it is created to fulfill certain ideals or purposes.
Nowadays, in the increasingly complex society, our expectations for the role of design in solving problems and discovering new topics are evolving constantly. Through the screening and various ways of promotion, Good Design Award aims to provide support to those who have managed to identify the possibilities of design, explore what can be made happen with design, broaden the fields where design can play a role, and ultimately lead to the creation of the society where everyone can lead a rich and creative life.
◆ GA technologies Company Profile
Company name: GA technologies Co., Ltd.
Representative: Ryo Higuchi, President, CEO and Representative Director
Headquarters: Sumitomo Fudosan Roppongi Grand Tower 40F, 3-2-1 Roppongi, Minato-ku, Tokyo
Established: March 2013
Capital: 1,172,255,470 yen (as of August 31, 2020)
-Management of RENOSY general PropTech brand (Real estate information media, real estate brokerage, real estate sales, design and construction, real estate management)
-Development of SaaS-based BtoB PropTech products
-Research on real estate-related big data utilizing AI
-Operation of overseas PropTech businesses such as Shenjumiaosuan platform for Chinese investors Main group companies: ITANDI, Inc., Modern Standard Co., Ltd., Shenjumiaosuan Co., Ltd., and four others
Oslo Launches Its Video Review and Collaboration Platform Made for Content Creators
Today, Oslo, a next-gen video review and collaboration tool, is announcing the public availability and launch of its platform. Built by the team at Streamlabs, Oslo solves content creators’ biggest issues: collaboration, review, and feedback. It provides a central hub for YouTubers, influencers, video editors, and collaborators to upload and share projects in the cloud. Oslos built-in project management and annotation tools make it easy to give and receive feedback and upload videos directly to YouTube.
“Our experience building tools for live streamers inspired us to build products that cater to the greater content creator ecosystem,” said Ashray Urs, Head of Product at Streamlabs, and Oslo’s Founder. “We did our homework, talked to hundreds of our creators, and used all the available tools to understand the pain points creators on YouTube were facing and built a powerful collaboration tool made specifically for them.”
Designed for the modern digital content creator, Oslo meets the needs of both new and experienced YouTubers, influencers, and video editors who want to receive feedback and scale production. Unlimited secure review links allow creators to share large videos online in just one click. Oslo’s variety of markup tools allow reviewers to provide time-stamped comments and annotate on video frames. Secure external upload links allow collaborators to easily upload media files for projects. Intuitive version management ensures reviewers only see the latest version when sharing project links. Oslo is also integrated with YouTube, allowing creators to publish directly to YouTube as a private video.
“We recently started using Oslo to produce content for our YouTube channel, and it has made collaboration within our team much easier and more efficient,” said Mike Straw, Managing Editor at Sports Gamers Online. “Previously, we were using a shared Drive to share files, and it was a very clumsy process in comparison. Oslo has allowed us to take on larger projects while continuing to meet our deadlines.”
Future integrations for Oslo will include both Adobe Premiere Pro and Final Cut Pro so creators can view comments, annotations, and feedback directly in their video editing software.
The tool is free to use and comes with options to upgrade to a Gold and Diamond tier for up to 1TB of extra storage, more collaborators, and VIP support. Creators can sign-in and get started at oslo.io.
Founded in 2020 and built by the team at Streamlabs, Oslo is a powerful, yet affordable, video review and collaboration platform. Built by content creators for content creators, Oslo’s annotation tools, intuitive version management, and secure cloud-sharing expedite the video-making process for all creators – from the solo YouTuber to smaller video editing teams. Between ideation and creation, to editing and uploading, Oslo bridges the gaps in the creator workflow. For more information about Oslo please visit our website or follow Oslo on Twitter, Facebook, Instagram, and YouTube.
Founded in 2014, Streamlabs is a leading provider of tools for professional streamers. Its groundbreaking software, Streamlabs OBS, offers dozens of features that professional live streamers use to broadcast, better engage with their fans, grow audiences, and improve monetization.
Streamlabs is a brand of Logitech International. Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). For more information about Streamlabs please visit our website or follow Streamlabs on Twitter, Facebook, Instagram, and Discord.
RENOSY ASSET Receives 2020 Good Design Award
TOKYO, Oct.1, 2020 /PRNewswire/ — GA technologies Co., Ltd. (Headquarters: Minato-ku, Tokyo; President, CEO and Representative Director: Ryo Higuchi; Securities...
Future FinTech Appointed Weicheng Pan as Chief Strategy Officer
BEIJING, Oct. 1, 2020 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) (hereinafter referred to as "Future Fintech", "FTFT" or "Company" )...
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