Baton Systems’ Core-FX distributed ledger technology powers historic settlement in major industry milestone

 

LONDON-Tuesday 14 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- The world’s first interbank Payment vs Payment (PvP) settlement outside of CLS has been completed using Baton Systems’ Core-FX solution, built on Baton’s proprietary distributed ledger technology (DLT) and governed by the Baton Rulebook.

Standing at the threshold of a new era in FX settlements, two of the world’s largest financial institutions are now using the platform to collaboratively settle FX trades bilaterally on demand using real currencies in real accounts, in less than three minutes, on a PvP basis with legal settlement finality. The solution enables the firms to net in an efficient manner, choose what time to settle and in which currencies, all on a PvP basis - reducing settlement risks and FX processing costs.

This his ... Read more »

DENVER-Tuesday 14 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- MPEG LA announced today that Hisense International Co., Ltd. (“Hisense”) has become a Licensee to MPEG LA’s AVC Patent Portfolio License (“AVC License”).

As a result of this agreement, all legal disputes related to patent enforcement actions brought by patent holders in MPEG LA’s AVC License against Hisense have been resolved. Click here for more information.

The plaintiffs were represented by a team led by Axel Verhauwen of Krieger Mes & Graf v. ... Read more »

SHENZHEN, China-Tuesday 14 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- ZOVOO, founded in 2019 and emerging as a dark horse in the electronic cigarette industry, recently launched its latest product Dragbar and achieved a sales milestone of over 1,000,000 pieces in the global market in less than one month, fully demonstrating the extraordinary strength of ZOVOO.

User-oriented and differentiated to meet market demand

According to ZOVOO's global sales analysis, ZOVOO had an impressive performance in Southeast Asia, North America and Europe, which is attributable to not only Dragbar' s excellent capability, but also the ZOVOO team's in-depth and detailed market analysis of different regions.

Dragbar' s innovation and research team employed polymer fibers and ergonomic lip sensation design to address the consumers' most-concerned issues such as oil leakage and dry hit, while also ensuring the taste and recovery of the product. Using ... Read more »

You can now give your home and workplace 99.99% protection from SARS-CoV-2, the COVID-19 virus with a new paint additive that destroys the virus within 30 minutes

LONDON-Tuesday 14 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Billions of people around the world are attempting to return to workplaces, schools and social spaces. Governments & business owners need to do everything they can to boost confidence and let consumers know their safety is a top priority.

Retrace AV is the future proof solution because its mode of action is not variant specific.

Retrace AV can be added into water-based paint to give 99.99% protection against SARS-CoV-2, the COVID-19 virus. No training is needed, you simply pour it in, mix and paint.

Easy to order and store, only 25ml of Retrace AV is needed for each 1 litre of paint. It gets to work as soon as the paint dries.

This means, one topcoat of your chosen paint adds antipathogenic security a ... Read more »

Within 180 days, formed through local contractors to support local content

Riyadh, Saudi Arabia-Tuesday 14 December 2021 [ AETOS Wire ]

stc exerted its technical capabilities to cover the land port between KSA and the Sultanate of Oman, which was recently inaugurated between Al Bat-ha area in Al-Ahsa  and Umm Al-Zamoul at the Omani borders in a desert area with difficult and special terrains. The project linked the fiber-optic network along the road, where network coverage reached 100% and was implemented as a support for local content, through 10 local contractors. The length of cabling procedures exceeded “590” km while the length of fiber-optic cables exceeded “630” km, using more than 80 high-tech machines and equipment and with the participation of more than 1500 workers and technicians who worked around the clock.

The project was implemented in various areas along the road, which are characterized by its difficult and tough ... Read more »

Enables access to all worldwide contactless payment schemes

 

MONTREAL-Tuesday 14 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Amadis, a global payment software editor, leading supplier of EMV Level 2 card processing solutions and nexo universal payment acceptance applications, has been selected by eMcREY, a leading financial solution supplier in the Middle-East, for its SoftPOS solution. Amadis will provide eMcREY with its payment card processing software, enabling worldwide contactless payment acceptance on commercial off-the-shelf devices (COTS).

eMcREY’s SoftPOS will allow its customers to accept payment from Visa, Mastercard, Amex and MADA (the market-leading payment card in Saudi Arabia). The SoftPOS, EMV software-only payment application, turns mobile devices into contactless payment acceptance terminals. Through Amadis software, eMcREY is one of the first companies able to enable acceptance of all worldwide contactless paym ... Read more »

Bringing State-of-the-Art Geostatistical Algorithms to the Geomodeling Community to Solve Complex Geospatial Problems 

EXTON, Pa-Tuesday 14 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Bentley Systems, Incorporated (Nasdaq:BSY), the infrastructure engineering software company, today announced that its Seequent business unit has acquired Denver-based Advanced Resources and Risk Technology, LLC (AR2Tech), a developer of geostatistical software applications. The acquisition provides Seequent with state-of-the-art geostatistics algorithms, technology, and IP for complex geospatial problem solving, complementing its geological modeling solutions and workflows, to help solve earth, environmental, and resources challenges.

AR2Tech represents a new generation of geostatistics and spatial data analysis solutions for mining, environmental scien ... Read more »

 – Solutions enable optimized energy distribution, electrical grid resilience, and higher return on assets
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TOKYO-Tuesday 14 December 2021 [ AETOS Wire ]

 

(BUSINESS WIRE)-- Yokogawa Electric Corporation (TOKYO:6841) announces it has acquired all of the outstanding shares of PXiSE Energy ... Read more »