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CBASOX Exchange Boosts User Trust with Over 15% Excess Reserve Ratio

CBASOX Exchange, a globally renowned cryptocurrency trading platform, has recently announced a significant milestone in its commitment to user asset security. The security reserve fund the platform now maintains an excess reserve ratio exceeding 15%, a development that not only underscores the dedication of CBASOX to safeguarding user assets but also substantially enhances global user trust in the CBASOX trading platform.

As a leader in advanced security technologies and innovative financial products, CBASOX has always prioritized the security of user assets as a cornerstone of its development. By establishing an excess security reserve fund, CBASOX ensures that user assets are fully protected under any circumstances.

Excess reserves mean that in addition to holding 100% of the digital assets stored by users, CBASOX maintains an additional 15% of funds or equivalent value in cryptocurrency. This reserve is designed to mitigate potential financial risks and unforeseen emergencies, thereby enhancing the stability and security of the entire trading platform. This strategy places CBASOX at the forefront of the industry, offering users a more secure and reliable trading environment.

Hart Montgomery, a member of the CBASOX team, stated, “We understand that in the realm of cryptocurrency, user trust in exchanges is invaluable. By establishing an excess security reserve fund, CBASOX aims to demonstrate the steadfast commitment of the platform to security and transparency to users worldwide. It also reflects our deep care for users and our dedication to setting higher safety standards within the industry.”

To further enhance transparency, CBASOX plans to utilize Merkle tree technology and conduct regular external audits to verify the authenticity and sufficiency of its excess reserves. This initiative sets a new benchmark for security and trust within the cryptocurrency exchange industry.

Hart also mentioned that CBASOX will continue to invest in the development and application of security technologies while exploring more innovative financial products and services. The goal is to provide global users with a richer and more secure trading experience. CBASOX believes that through continuous effort and innovation, it can significantly contribute to the healthy development of the cryptocurrency market and the security of user assets.

About CBASOX Exchange

Headquartered in the United States, CBASOX Exchange is a globally leading cryptocurrency trading platform offering a wide range of services, including cryptocurrency trading, mining pool services, blockchain investment consulting, project incubation, crypto asset issuance, and blockchain research. With cutting-edge technology and stringent security measures, CBASOX is dedicated to providing global users with a secure, efficient, and convenient cryptocurrency trading experience.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: CBASOX DIGITAL TRADE LIMITED
Contact Person: Kim Min-su
Email: Send Email
Country: United States
Website: https://www.cbasox.org

Universal Plant Services Revolutionizes Online Presence with the Launching of New Website Design

With its modern, user-centric interface, the newly redesigned website has been meticulously crafted with your needs in mind. It’s not just about us; it’s about you. This design allows visitors to navigate through detailed information about UPS’s service offerings effortlessly.

Deer Park, TX – Universal Plant Services (UPS), a leading provider of industrial plant services, maintenance, and turnarounds, is excited to announce the launch of its newly redesigned website. The site is designed to enhance user experience and showcase the company’s extensive range of services and industry expertise. Highlight access to the new site here.

The newly redesigned website, with its modern, user-centric interface, has been meticulously crafted with your needs in mind. It’s not just about us; it’s about you. This design allows visitors to navigate through detailed information about UPS’s service offerings effortlessly. The site includes dedicated sections on maintenance, turnarounds, specialty services, and more, ensuring users can quickly find the information they need.

“Our new website is a testament to our unwavering commitment to delivering exceptional service and support to our clients,” emphasized Laurie Shults, Marketing Manager of Universal Plant Services. “We have made it easier for our clients and partners to understand the full scope of what we offer, from routine maintenance to complex turnarounds, all backed by our experienced team and state-of-the-art technology. We are here to support your success,” he added.

In addition to detailed service descriptions, the website also features case studies, client testimonials, and a blog that provides insights into industry trends and best practices. This content is designed to help visitors understand how UPS can address their unique challenges and improve their operational efficiency.

Universal Plant Services offers a comprehensive range of services, including:

Manufacturing and Technologies: Cutting-edge solutions for industrial manufacturing and technology needs.
Rotating Equipment and Turbomachinery: Maintenance and servicing of rotating equipment and turbomachinery to ensure optimal performance.
Engines and Reciprocating Compressors: Specialized services for engines and reciprocating compressors.
Mechanical and Heat Exchangers: Expertise in mechanical systems and heat exchanger maintenance.
Piping and Specialty Welding: High-quality piping and welding services for industrial applications.

A few other services include Field Machining and Technical Bolting, Instrument and Electrical, Repair and Fabrication Shop Services, Tank Solutions, Valve Solutions, and Engineered Solutions.

The launch of the new website is part of UPS’s broader strategy to enhance its digital presence and provide more value to its clients. By offering a wealth of information and resources online, UPS aims to support clients in making informed decisions about their industrial plant service needs.

About Universal Plant Services

Universal Plant Services (UPS) stands out as a provider of industrial plant services, maintenance, and turnarounds. Emphasizing safety, quality, and reliability, UPS offers solutions to help clients enhance their operations and reach their objectives. Whether it’s upkeep or intricate turnarounds, UPS’s skilled team and advanced technology ensure top-notch service and assistance. Based in Deer Park, Texas, UPS caters to clients from a variety of sectors, such as oil and gas petrochemicals, power generation, and more. They are equipped to process everything you look for and ensure receive the quality of service you deserve.

For more information, visit universalplant.com.

Contact Us:

UPS HEADQUARTERS

4460 Highway 225 Deer Park, Texas 77536

Office: 281-694-6000 Fax: 281-680-4501

Media Contact
Company Name: Universal Plant Services
Contact Person: Laurie Shults
Email: Send Email
Phone: 281-479-6000
Address:806 Seaco Court
City: Deer Park
State: TX
Country: United States
Website: https://universalplant.com/

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FlipHTML5’s Curated List of Free AI Video Generators

“FlipHTML5 lists several free AI video generators.”

FlipHTML5, a leading digital publishing platform, announced the launch of its guide to free AI video generators. These tools’ features range from face swap to TTS technology, catering to different needs.

With a steadfast dedication to creating user-friendly experiences, FlipHTML5 reviews several free AI video generators and even creates a detailed tutorial about how to create an AI-based video. These tools leverage sophisticated AI technology to swiftly transform text into engaging videos, setting a new standard for efficiency and ease of use in the world of digital animation.

One of the key features of these free AI video generators is the ability to swap faces from portrait photos onto AI avatars within videos. This means users can easily update or alter the characters in their videos, making the content more relatable and tailored to their specific needs. This way, users can save on the cost of purchasing expensive equipment.

“Among these AI video generators, Mango AI stands out as a particularly notable option. With Mango AI, users begin by selecting a polished video template that sets a professional tone. Next, they input their text and tailor the content to their preferences, utilizing a range of features such as AI avatars, AI voices, whiteboards, and more to add depth and personality to the video. Finally, with a few clicks, the video is generated and ready for sharing on social media platforms or downloading for offline presentations,” says Winston Zhang, CEO of FlipHTML5.

Most free AI video generators elevate AI-generated videos with diverse human-like AI avatars that imitate humane expressions. Mango AI, for example, offers more than 150 avatars to choose from, including cartoon-style avatars, to create more authentic and engaging videos. The platform boasts an impressive library of over 120 languages for AI voices, ensuring that each avatar can be given a distinct voice.

Whether for product reviews, testimonials, training videos, or explainer videos, talking head videos are one of the most suitable solutions. Users can simply type their video script and intro and outro content into the platform. It is time to choose an AI avatar based on their content. Creating a talking head video is not as difficult as imagined.

For more information about the free AI video generator, please visit FlipHTML5.

About FlipHTML5

FlipHTML5 is a leading digital publishing platform that empowers users to create, publish, and share interactive digital content. With its powerful features and intuitive interfaces, both professionals and amateurs have the ability to create digital publications easily.

Media Contact
Company Name: FlipHTML5 Software Co., Ltd.
Contact Person: Nini
Email: Send Email
Phone: 86 020-61972665
Address:Room 1003, 10/F, Tower 1, Lippo Centre, 89 Queensway, Admiralty
City: HongKong
Country: China
Website: https://fliphtml5.com/

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Get Immersed in Gaming Excellence with the INNOCN 34G1R 34-Inch Curved Ultrawide Monitor This Prime Day

Shenzhen, China – July 13, 2024 – Elevate your gaming experience with the INNOCN 34G1R 34-inch Curved Ultrawide Monitor, available at an exclusive Prime Day price of $279.99, down from $399.99, saving you $120. This limited-time offer is valid from July 16-17, 2024.

Immerse Yourself in Gaming Excellence: Featuring immersive WQHD 1440p resolution on a ultrawide QHD (3440 x 1440, 21:9 aspect ratio) curved screen, the INNOCN 34G1R delivers crystal-clear visuals and enhanced field of view. Dive into detailed graphics that bring games to life.

Enhanced Comfort and Convenience: Enjoy ergonomic comfort with tilt, swivel, and height-adjustable features. The innovative stand includes a built-in 15W charger pad, letting you charge devices while gaming, enhancing both functionality and convenience.

Versatile Connectivity for Any Setup: Connect seamlessly with USB Type C with 90W power delivery, DP, HDMI, USB-B, USB-A, and a 3.5mm Audio Jack. Whether you’re using a desktop, laptop, Mac, phone, tablet, or gaming console like Switch, PS5/4/3, or XBOX Series, this monitor integrates effortlessly.

Immersive Audio and Visual Enhancements: Experience clear 2.1 channel stereo sound and integrated atmosphere lighting for a visually appealing setup. Enhance your gaming sessions with enhanced audio and ambient features.

Boost Productivity with Advanced Features: Enhance productivity with Picture-in-Picture (PIP) and Picture-by-Picture (PBP) split screen technology. Perfect for multitasking, from data analysis to creative tasks, ensuring efficient workflow.

Reliable Quality and Support: Backed by a 1-year warranty and 30-day no-hassle return policy, the INNOCN 34G1R monitor ensures peace of mind with every purchase. For more details and to seize this Prime Day offer, visit INNOCN’s Amazon Store.

Transform your gaming setup with the INNOCN 34G1R Curved Ultrawide Monitor and enjoy unparalleled performance and immersion this Prime Day.

Product Link: https://www.amazon.com/dp/B0CDPK3YY2

About INNOCN

Founded in 2014, INNOCN’s mission is to create elite monitors that deliver the best viewing experience. Leveraging extensive expertise in product design and visual display, INNOCN continually advances the monitor market with cutting-edge technology and innovation. For more information, visit https://www.innocn.com.

Media Contact:

Manufacturer’s Name: Shenzhen Century Joint Innovation Technology Company Limited (INNOCN)

Manufacturer’s Official Website: https://www.innocn.com

Manufacturer’s Email Address: marketing@innocn.com

Media Contact
Company Name: Shenzhen Century Joint Innovation Technology Company Limited
Contact Person: Media Relations
Email: Send Email
Country: China
Website: https://www.innocn.com

A Fusion of Originality, Flair, & Riveting Improvisation – Heather Ward Releases Debut Solo Jazz Album “Honeysweet”

Celebrated Canadian jazz vocalist Heather Ward debuts her solo album “Honeysweet,” showcasing a rich blend of original tracks and fresh jazz arrangements

Produced collaboratively by Heather and Dave Houghton, and recorded under the expert mixing of Ben Lange at Lange Recording Studios, Heather Ward’s new release: “Honeysweet” features a collection of Seattle’s finest musicians.

The ensemble includes John Hansen on piano, Martin Budde on guitar, Moe Weisner on bass, Luca Cartner on drums, with Kate Olson on sax and flute, and Carey Rayburne on trumpet. Heather’s children, Shaina Ward Siegel and Aidan Ward-Richter, also contribute significantly; Shaina on bass and Aidan providing piano, drums, and arrangements, highlighting the album’s deep personal connections.

The album comprises a thoughtful mix of jazz standards, an original title track, and innovative jazz interpretations of songs from other favorite genres—a stylistic hallmark Heather has developed over her extensive career. Critics have lauded Heather’s “smokey, sultry alto” and her “tremendous vocal performance,” with the album described as swinging hard and captivating listeners with its “accomplished musicianship” and “ease and grace.”

This project serves not only as a demonstration of Heather’s vocal and artistic prowess but also as a launchpad for her anticipated increase in live performances and engagement within the jazz community. Now that her children have grown and she has transitioned away from her 9-5 commitments, Heather is fully dedicating herself to her music career. “Honeysweet” represents this new focus, with its blend of deeply personal reflections and broad musical explorations.

Listeners can purchase “Honeysweet” on Heather’s website and all major music platforms. Fans and new listeners are also invited to the album release party, encouraged to book voice lessons, and reach out for interviews and reviews. Heather continues to teach private voice lessons and remains an active member of NATS, enriching her students’ lives with her vast experience and passion for jazz.

Join Heather Ward as she delves deeper into the jazz genre, crafting a legacy that celebrates authenticity, passion, and the transformative power of music. Heather’s journey is a testament to the enduring power of following one’s passion and the beautiful complexity of life captured through the art of jazz!

For more information, visit https://www.heatherwardstudios.com

ABOUT

Heather Ward, a seasoned jazz vocalist originally from Canada and now based in Seattle, introduces her debut solo album, “Honeysweet.” Released on May 27, 2024, this album signifies a major milestone in Heather’s career, marking her full transition from a diverse musical and theatrical performer and educator to focusing solely on her passion for jazz.

As Heather embraces this exciting new chapter, her journey from art school and gallery performances to studying Jazz Performance at Capilano University, and her accolades like performing in Vancouver’s International Jazz Festival, all converge in this album. Heather plans to keep the momentum going with already another set of tracks ready for a potential second album and more live performances planned.

LINKS

Facebook: https://www.facebook.com/quirkyjazz

YouTube: https://youtu.be/Hf8UkWOuft4?si=SJHqjxNFGii2Ppil

Spotify: https://open.spotify.com/artist/5HIMEIXIinvDq4SayktZAr

SoundCloud: https://www.soundcloud.com/heatherwardstudios

Reverbnation: https://www.reverbnation.com/heatherward

All About Jazz: https://www.allaboutjazz.com/musicians/heather-ward

TikTok: https://www.tiktok.com/@heatherwardstudios

Media Contact
Company Name: Heather Ward Studios LLC
Contact Person: Heather Ward
Email: Send Email
Phone: 800-983-1362
City: Seattle
State: Washington
Country: United States
Website: https://open.spotify.com/embed/track/5VzZSJm1Uty8QNRoPIdb8y

Enhancing Office Productivity with INNOCN 27C1U-D and 24D1F Monitors

Shenzhen, China – July 13, 2024 – In the fast-paced world of modern offices, having efficient and reliable equipment is essential for maximizing productivity. INNOCN, a leading brand in monitor technology, offers two exceptional options tailored for office works – the INNOCN 24D1F- 24Inch 1920 x 1080p 100Hz IPS PC Monitor and the INNOCN 27C1U-D -27 Inch 4K Monitor Computer.

The INNOCN 27 Inch 4K Monitor Computer(27C1U-D) is available at an exceptional Amazon Prime Day price of $219.99, reduced from its regular $349.99, resulting in substantial savings of $130. To make this deal even more enticing, customers can apply an additional 5% discount using code 27C1UD4KM, exclusively valid on the Amazon Prime Day from July 16 to July 17. This monitor flaunts a stunning 3840 x 2160 resolution, HDR400 support, and a wide color spectrum of over 1.07 billion colors, ensuring unparalleled clarity and color accuracy for tasks demanding precision and detail.

For those seeking a balance of performance and affordability, the INNOCN 24Inch PC Monitor(24D1F) is offered with a 5% discount during the Amazon Prime Day using the code 24D1FUSBC. This monitor features Full HD resolution, an IPS panel for vivid colors and wide viewing angles, and versatile connectivity options including USB Type C, HDMI, and DisplayPort. Its slim design and VESA mount compatibility enhance workspace flexibility, making it an ideal choice for everyday office tasks.

About INNOCN

INNOCN is dedicated to advancing display technology with a focus on innovation, quality, and user satisfaction. Trusted by professionals worldwide, INNOCN monitors are designed to meet the diverse needs of modern work and entertainment environments.

Product Link:

24D1F: https://www.amazon.com/dp/B0CYSJTXGM

27C1U-D: https://www.amazon.com/dp/B0B6PCXZ79

Media Contact:

Manufacturer’s Name: Shenzhen Century Joint Innovation Technology Company Limited (INNOCN)

Manufacturer’s Official Website: https://www.innocn.com

Manufacturer’s Email Address: marketing@innocn.com

Schneider Electric powers Delhi’s mega wastewater plant

Schneider Electric is supporting the Namami Gange initiative through the automation of India’s largest single stage wastewater treatment plant in Delhi. The plant is being constructed by SUEZ under the Delhi Jal Board Yamuna Action Plan, with Schneider Electric as the primary energy management and automation solution provider. The plant has a capacity to treat 564 million liters of sewage per day, aimed at meeting the needs of approximately 30 million residents of the national capital. The facility is set to enhance water quality and reduce pollution in the Yamuna River, producing around 50 per cent of its energy needs through biogas.

“Recognizing the critical importance of sustainable water management in India amidst rising water demands, Schneider Electric remains dedicated towards delivering innovative digital solutions for water and wastewater management,” said Deepak Sharma, Zone President- Greater India and MD & CEO, Schneider Electric India. “Our partnership with SUEZ and Delhi Jal Board to automate India’s largest Single Stage Wastewater Treatment Plant underscores our commitment to nation-building and sustainable water management.”

Arvind Kakru, Vice President- Industrial Automation, Greater India Zone, Schneider Electric, emphasized the importance of automation. “We at Schneider Electric are focused on propelling sustainability in India through accelerated use of digital technologies and sustainable solutions. It is a privilege for us to be a part of the Namami Gange project by automating the country’s largest wastewater treatment plant,” he said.

The plant is equipped with Schneider Electric’s IoT-enabled EcoStruxure platform, providing a secure and efficient approach to wastewater treatment. This includes the EcoStruxure Process Expert Automation platform, Altivar Process Drives, Altivar Soft Starters, Micom relays, transformers, and MV & LV solutions. Through collaboration with SUEZ, Schneider Electric has integrated electrical and automation solutions within the plant to enhance operational efficiency and reliability. SUEZ leads the project with advanced technologies adapted to local conditions, meeting health standards, and protecting water resources and biodiversity. The project also allows the reuse of wastewater where appropriate.

About Schneider Electric

Schneider Electric purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

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Schneider Electric sets up one of its largest employee campuses in Bengaluru

Schneider Electric has invested Rs 200 crore to set up one of its largest employee campuses in Bengaluru. “This new campus reaffirms Schneider Electric’s commitment to be an employer of choice by providing world class infrastructure for employees to collaborate, develop, and deliver industry leading solutions for customers. It also reinforces the company’s pledge to ‘Make in India for India and for the world’, showcasing ongoing investments in manufacturing, innovation, people, R&D, and skill building,” it said.

Schneider Electric, a global leader in energy management and automation, on Thursday inaugurated one of its largest employee campuses globally, at Bagmane Solarium City here. In a statement, the company said this state-of-the-art campus covers an area of 630,000 square feet and features a Global Innovation Hub, Training centre, R&D centre, Skill centre and Digital Hub with a capacity to accommodate over 8,000 professionals.

“I am delighted to open one of our largest employee campuses worldwide in India. This new investment underscores our dedication to accelerating our contribution to India’s rapid growth. We strongly believe in its potential as a springboard for innovative ideas benefitting local customers, while making a global impact,” Peter Herweck, Chief Executive Officer, Schneider Electric, said.

According to the company, the Bagmane Campus Training Centre will feature interactive demonstrations, workshops, and expert-led sessions, ensuring that our employees, partners, and customers, gain practical knowledge and expertise in the latest technologies and solutions.

It will harness internal expertise to foster a learning culture, offering an advanced learning environment equipped with latest technologies and infrastructure. “The Schneider Electric Bagmane Bengaluru Campus is designed to prioritise sustainability with off-site green power, energy-efficient chiller systems, and 100 per cent greywater reuse via a sewage treatment plant.

The campus has already applied for LEED Gold certification, demonstrating Schneider Electric’s commitment to international sustainability standards. “Further, the Schneider Electric interior fit-out works are also striving for LEED – Platinum certification, reflecting the company’s ongoing pursuit of excellence in sustainable building practices,” the statement said.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

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Schneider Electric: This multibagger stock turned ₹1 lakh into over ₹4 lakh in just a year

Schneider Electric Infrastructure has shown remarkable growth with shares climbing 327% in a year, positioning it as a standout performer in Indian equity markets. The company stands to benefit significantly from the Revamped Distribution System Scheme, holding immense potential for future growth.

Schneider Electric Infrastructure has consistently delivered remarkable gains over the last four years.

Schneider Electric Infrastructure, a prominent player in the heavy electric equipment industry, has emerged as a significant wealth generator for investors over the past year. With its shares climbing from ₹175 apiece a year ago to the current level of ₹747, investors have enjoyed an impressive return of 327%.

For instance, an investment of ₹one lakh in the stock a year ago would now be valued at ₹4.3 lakh, showcasing remarkable growth. This performance has positioned Schneider Electric Infrastructure as a standout performer in the Indian equity markets.

The stock has consistently delivered remarkable gains over the last four years. In 2024 alone, the stock has surged by 83% in less than four months, continuing its winning streak for the fifth consecutive year.

It recorded impressive returns of 149% in the previous year and 56% in the year before that, while offering gains of 25% and 27.5% in CY21 and CY20, respectively. Notably, from its 2019 low price of ₹60.60, the stock is currently trading at a remarkable 1140% higher level.

Schneider Electric is an India-based power distribution company that manufactures, designs, builds, and services advanced products and systems for electricity distribution, such as distribution transformers, medium voltage switchgear, protection relays, and electricity distribution and automation equipment.

Positive outlook but valuations stretched

The company stands to benefit significantly from the Revamped Distribution System Scheme (RDSS), initiated by the Indian government as part of power distribution sector reforms.

This scheme comprises two major components: financial support for prepaid smart metering & system metering and the upgradation of Distribution Infrastructure, along with training & capacity building and other enabling & supporting activities.

With expectations of driving a US$37 billion capital expenditure (capex) in distribution system expansion and strengthening over the next five years, the RDSS holds immense potential. Currently, projects worth US$14 billion have been sanctioned under the scheme.

SEIL is projected to play a pivotal role in over 50% of the total capex outlay, positioning the company to capitalise significantly on the scheme’s implementation, said global brokerage firm Goldman Sachs in its latest report titled “Transition to drive a multi-decade rise in transmission capex.”

With the proposed implementation of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) 2026 onwards, which intends to impose tariffs on carbon emissions on goods entering the EU, the brokerage believes that the criticality of energy efficiency improvement will increase significantly, given that it is among the lowest hanging fruits for carbon abatement.

It expects the company to benefit given its energy management expertise, as it offers equipment and services that help in tracking and reducing energy usage in processes.

The Bureau of Energy Efficiency, Ministry of Power, has pegged India’s total energy efficiency market size at USD 9 billion, of which only 5% has been tapped yet, it noted.

Despite the positive aspects, the brokerage initiated a ‘Sell’ rating on the stock, setting a 12-month target price of ₹470 apiece. The rationale behind this decision is the perceived expensive valuations.

According to the brokerage, the current valuations appear inflated for a business that is predominantly commoditised and offers limited value addition.

About Schneider Electric

Schneider Electric purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

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Nova Protocol Open Sources on BSC EVM and Introduces Liquidity-Powered Assets as Foundation, Achieving Dual Protection of Technology and Community

With the rapid development of blockchain technology, a revolutionary liquidity protocol, Nova Protocol, is quickly rising. Deployed on BSC EVM (Ethereum Virtual Machine), Nova Protocol is dedicated to driving the arrival of the DeFi 2.0 era with its unique model and comprehensive features. Going beyond being a simple liquidity provision platform, Nova Protocol combines comprehensive token economics, round-the-clock risk monitoring solutions, and a full-time public team to provide users with a secure, efficient, and transparent DeFi environment. This innovative model sets a new standard for DeFi 2.0, benefiting both investors and developers.

As a core feature of Nova Protocol, users can earn interest income through liquidity mining. By purchasing computational power with cryptocurrency funds, users can participate in smart contract protocols on Nova, enabling investments in a basket of crypto assets. The returns on these investments are determined by open-source contract algorithms, ensuring fairness and transparency. Nova Protocol also pioneers DeFi 2.0 infrastructure, offering institutional-grade yield products, revamped staking use cases, and DeFi-as-a-Service functionalities for institutions and individual investors alike. These features provide opportunities for high returns to all, regardless of investors’ experience.

On the technical front, Nova Protocol utilizes a dual-token PoS (Proof of Stake) Layer 1 architecture backed by Ncoin and NVcoin, making full use of the security of BSC EVM. By designing liquidity-hosting tokens (BNB) in collaboration with Nova, users can obtain tangible interest from DeFi 2.0 and maximize their funds by re-staking and farming on-chain with BNB. Nova innovates on the standard non-custodial borrowing market approach by integrating token economics. The interest mining, rebates during liquidation, and platform fee distribution through the “Nova Rewards Program” allow users to not only gain stable returns but also contribute to the protocol’s continuous development.

Behind the success of Nova Protocol lies its strong community support. The protocol has a full-time public team committed to maintaining close communication with community members, listening to their feedback and suggestions, and collectively driving the development of Nova Protocol. As the DeFi market continues to expand, Nova Protocol, with its dual protection of technology and community, is gradually becoming a significant force leading the future of blockchain.

Nova Protocol will strive to build more innovations and breakthroughs, injecting more vitality into the world of blockchain.

Disclaimer: This press release may contain certain forward-looking statements. Forward-looking statements describe expectations, plans, outcomes, or strategies for the future (including product offerings, regulatory plans, and business plans) and are subject to change without prior notice. Please be advised that such statements are influenced by various uncertainties, which may result in future circumstances, events, or outcomes differing from those predicted in the forward-looking statements.

Media Contact
Company Name: Nova Protocol
Contact Person: Jimmy
Email: Send Email
Country: United States
Website: www.novasocialfi.com