Tag: "Business & Finance"

Humaniq releases brand new version of popular App

London, England, March 8, 2018 /ChinaNewswire.com/ - London-based FinTech firm Humaniq is marking the milestone of its app reaching its first 50,000 downloads by announcing a new, improved version.

Humaniq announced a Free Secure Chat & Crypto-Wallet App and a new referral program for its community of users. The Humaniq app includes a wallet, bioID, secure messenger and the unbanked can use it for making digital ID and peer-to-peer transactions in African countries (including Uganda, Senegal, Zimbabwe, Tanzania, and Rwanda).

The new features include:

New referral program
With Humaniq's  egalitarian emission approach, a large proportion of the HMQ crypto coin is reserved for active app users. A referral program has showed a very positive adoption curve from users, with more than 10,000 users together inviting more than 75,000 thousand friends in total to join the application. Humaniq's new 2.0 referral program  will build on this by displaying community progress with referrals and thereby make the  referral process more transparent and intuitive for all users.

Transaction options extension
Transactions can now be made via the messenging chat system. The principle the Humaniq app is grounded in- is that everything should revolve around humans coming together to build community. That is why an ability to communicate is crucial. The Humaniq team have introduced transactions into personal chats to focus on the communication between people. Whether it is a text, or an image or a gift in HMQ – it is now all in one place.

In addition,  users  are now allowed not only to send HMQ, but also to request directly from their friends or family. The Humaniq team believes that an ability to request a desired amount is a more efficient and faster way to communicate financially. This feature is available for all users that have access to the wallet, and is also secured by our enhanced anti-fraud system. Users can also enjoy  a new way of grouping transactions as  a smarter way to organise personal communication. From now on, users will be able to clearly focus either on the financial history or on the correspondence with a specified friend  by staying in the unified chat room. While text and media messages will be group based on the timing, financial transactions will be grouped by type and action type.

New on-boarding process
The Humaniq team redesigned the on-boarding process to make it clearer and easier for inexperienced smartphone users. The close collaboration with Humaniq's ambassadors in African nations led to the  creation of an on-boarding process that adapts to the needs of customers, whereas the purpose remains the same: to explain what features are available, how to use them and how to benefit from their use.

New registration process
A new registration process allows users to start interacting with a Humaniq assistant bot, which becomes  smarter and is learning to execute more useful commands, even without the registration. Unlike conventional applications where a user has to specify required personal credentials in order to get access to a given  functionality, the Humaniq team would like to let users choose what functionality is needed, and how to access it.

Optional passcode and new security standards
Humaniq App security standards have also been reconsidered and will allow users to opt-out from a required passcode. There is, therefore, also an AI powered system to decide when an additional biometric verification is required to eliminate the risk of  of unauthorised transactions.

"The Humaniq's team of ambassadors in Africa received and analysed feedback from users, and with this data it was possible to create such  significant updates. We hope our users will appreciate all the innovations and we will move even further towards our goal to empower the unbanked" – said Anton Mozgovoy, CTO Humaniq.

The Humaniq team has also made additional upgrades to remote infrastructure and with new CDN points, users in Africa will experience a faster by 16% response rate from mobile application which is already available in Google Play and can be used even on low-end mobile devices with Android 4.0.3.

Humaniq is a London-based Fintech firm that provides next generation financial services using its Blockchain-based mobile application targeted at the unbanked and underprivileged in emerging economies globally. Humaniq is focused on worldwide financial inclusion by providing access to global markets, greater opportunities, and novel financial solutions using repurposed technologies for those gaining exposure to financial services for the first time.

Media contact
Alex Fork Office
[email protected]

Source: humaniq

Visit the original:
China Newswire

China Mobile Research Institute Enlists VIAVI to Support Introduction of 5G Service

San Jose, CA, February 12, 2018 /ChinaNewswire.com/ - VIAVI Solutions (NASDAQ: VIAV) today announced a collaboration with China Mobile Communications Corporation (CMCC) to introduce 5G service in China by the end of 2019. VIAVI is a preferred vendor of China Mobile, supporting their specific technologies and aggressive roadmap with advanced test solutions. VIAVI will provide test and measurement hardware and software for China Mobile and several equipment manufacturers to support development of Slicing Packet Network (SPN) with FlexE interface, the technology the carrier is positioning for 5G transport.

Based on extensive analysis of 5G transport network requirements, CMCC has determined that Slicing Packet Network (SPN) is an optimal technology to support next-generation architecture, bandwidth, traffic model, network slicing, latency and time synchronization. Flexible Ethernet or FlexE is used in conjunction with SPN to create smaller Ethernet channels from a larger one, or vice versa, to guarantee quality of service (QoS) and isolation between slices at the transport layer. CMCC has requested that the ITU undertake standardization of SPN. VIAVI is committing to support CMCC by delivering an SPN test platform, establishing a common foundation for network equipment manufacturers, chip developers and transceiver vendors to validate products based on this technology.

In January 2018, Madam Yang Zhiqiang, Deputy General Manager of China Mobile Research Institute (CMRI) welcomed Oleg Khaykin, President and Chief Executive Officer, and Tom Fawcett, Vice President and General Manager, Lab & Production Business Unit, VIAVI Solutions, to her offices for strategic meetings on 5G planning. The CMRI is a technical organization within the CMCC group and is responsible for new technology research, standardization, and qualification of infrastructure equipment-including testing protocols.

"VIAVI has been honored to collaborate with China Mobile on analyzing 5G network scenarios and proposing technology strategy," said Khaykin. "In order to realize China Mobile's vision of introducing 5G service by the end of 2019, principal technologies including SPN for transport must be standardized by the ITU-T. We have advanced our test technology to meet this objective, and our solutions are ready to support the China Mobile ecosystem of partners to deliver interoperable network infrastructure."

About VIAVI Solutions
VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems, supported by a worldwide channel community including VIAVI Velocity Solution Partners. We deliver end-to-end visibility across physical, virtual and hybrid networks, enabling customers to optimize connectivity, quality of experience and profitability. VIAVI is also a leader in high performance thin film optical coatings, providing light management solutions to anti-counterfeiting, consumer electronics, automotive, defense and instrumentation markets. Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn, Twitter, YouTube and Facebook.


US Media Inquiries:
Sonus PR for VIAVI Solutions
Micah Warren
+1 (609) 247-6525
[email protected]

EMEA Media Inquiries:
Sonus PR for VIAVI Solutions
Chevaan Seresinhe
+44 20 3751 0330
[email protected]

Source: VIAVISolutions

Visit the original:
China Newswire

China Money Network and KPMG Present the Annual “Special Situations Forum: China 2017” in Hong Kong

Over the past two years, investors have shown renewed interest in distressed debt and special situations investment opportunities in China.

Hong Kong, November 28, 2017 /ChinaNewswire.com/ - Under the backdrop of an economic rationalization and a government-led campaign to reduce excess capacity and lower corporate stock and leverage, the investible assets in this wave of expected rising distressed debt in China has clearly different characteristics compared to past cycles.

China Money Network has researched that the latest wave of deals in Chinese distressed debt space appear to have higher asset quality compared to previous non-performing loans entering the market. This could mean that legal complexity of these obligations is much greater this time around. So as the government’s determination to strengthen implementation of the Bankruptcy Law provides a more robust legal environment for investors operations in China, an expanded investment strategy for bankruptcies, NLP’s, debt-to-equity conversion and emergency funding all are expected to be deployed as this market continues to mature.

“This high-level event will gather relevant market investors and deal makers together for a practical ‘lessons learned’ panel discussion on investment opportunities on China's special situations market," said Naveet McMahon, managing partner of China Money Network. "Participants wanting to explore the challenges and avoid the pitfalls of these opportunities should join our event."

China Money Network and KPMG  are proud to present the annual Special Situations Forum: China 2017 to gather leading industry experts to brainstorm and share valuable insights.

Only limited seats are open for public registration. Registration is available here:



Date: Wednesday, December 13, 2017

Time: 8:00AM-10:30AM

Location: JW Marriott Hotel, One Pacific Place, 88 Queensway, Admiralty, Hong Kong

Language: English

8.00 Registration & Breakfast

8.30 Opening Keynote Address

8.40 Panel Discussion

9.40 Interactive Q&A & Networking

10.30 End


Opening Address: UBS: Jason Bedford

Mr. Bedford is in the Asian Financial Institutions Research team at UBS, where he has a focus on China bank and non-bank lenders. Prior to that, he spent nearly nine years in Beijing primarily auditing and consulting for mainland financial services sector clients with KPMG. He had a core focus on the banking and shadow banking sectors, which included the trust sector, leasing, micro-finance and credit guarantee.


Bain Capital Credit: Kei Chua

Kei Chua is a managing director based in Bain Capital Credit’s Hong Kong office and is a member of the Distressed and Special Situations team focused on special situations and portfolio investing. Previously, Mr. Chua was the co-head of Asia for Mount Kellett Capital focused on special situations and distressed investing. Prior to that, Mr. Chua was a partner with Unitas Capital, where he was responsible for investments in Greater China and Southeast Asia. Mr. Chua worked at Cerberus Capital and DLJ in Hong Kong and New York earlier in his career.

Shenzhen Qianhai Financial Asset Exchange: Ruth Ru

Ms. Ru Xia is general manager of the cross-border business division of the Shenzhen Qianhai Financial Assets Exchange Ltd., an exchange backed by Ping An Insurance providing registrations, transfers, trading and settlement of distressed debt assets and other financial assets. Ms. Ru was previously financial officer of China Construction Bank branch in Dubai since 2013. She has also been deputy head of department of China Construction Bank Corporation Regional Audit Office (Hong Kong), and also the chief manager of audit department of CCB International (Holdings) Ltd.

Poseidon Capital Group: James Feng

James Feng is founding partner of Poseidon Capital Group, an investment firm focused on investing in non-performing loans, distressed debt, distressed real estate and distressed companies in China. Before founding Poseidon Capital, Mr. Feng worked at Partners Group, Apollo Global Management, HSBC Holdings and Morgan Stanley.

William Hay & Co: William Hay

Mr. William Hay is the founder of William Hay & Co.Ltd. He advises private equity funds and private equity backed companies on legal and related strategic issues arising from fund raising, mergers & acquisitions, leveraged finance and stock market listings and other forms of exit. Mr.Will’s previous experience includes serving as general counsel of Baring Private Equity Asia. Prior to joining Baring, he held similar positions in with GE Capital Asia and Colony Capital. He also acquired and turned around a distressed hotel in China. Will was a partner in a Wall Street law firm before relocating to Hong Kong in 1995.

KPMG: Wilson Pang

Wilson Pang is a partner and Head of Turnaround, Restructuring Services at KPMG.  He also leads KPMG China’s Special Situations team, helping Chinese state-owned and private-owned enterprises on restructuring and reform.  Over the last 4 years, Wilson and his team has assisted Chinese banks to dispose over Reminbi 350 billion NPLs into the market.  Prior to KPMG, Mr. Wilson was Head of China, Special Opportunity Fund & Senior Investment Professional at TRG Management Hong Kong Ltd., also known as the Rohatyn Group.  Wilson was previously also a Director of Citigroup’s Global Special Situation Group, where he was responsible for Greater China distressed assets, non-performing loans portfolios, pre-IPO and growth equity investments.


China Money Network: Nina Xiang

Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at China Money Network. Before founding China Money Network in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, covering business and financial services in China and the U.S. While in New York, she also served as part-time correspondent for Shanghai’s financial television channel China Business Network, as well as China Radio International, China’s national English-language radio network.


– How is the current distressed debt cycle different from past ones in China?

– For offshore investors, what are the developments that have made their investment proposition more viable and attractive? Conversely, what risks have become more pronounced?

– Which strategy appears most promising, and what are the constraints?

– What are the impact of multiple new entrants to the market? Does it mean a further squeeze to profitability to all players?

– Generalist vs. specialist: What are the key skills needed to navigate the highly risky distressed debt market in China?

Only limited seats are open for public registration. Registration is available here:



China Money Network hosts an artificial intelligence (AI)-based bilingual platform that follows China’s smart investments, special situations and technology innovation every day. By tracking China’s private equity, venture capital and technology sectors, we deliver actionable data to our customers.

CMN provides a unique way to target deal makers, top decision-makers and business leaders in China and around the world. We are well positioned with our team of experts and advisors to uncover forward looking cross-border deal flows not only for our customers in China but those trying to enter this highly lucrative marketplace.

Millions of professionals rely on CMN to take the business pulse of China and to follow daily/weekly trends, expert network events, exclusive company rankings, customized thought leadership research, subscription-based digital services as well as our Chinese language platform www.zhongguojinrongtouziwang.com, bridging global investors with business opportunities in China.

CMN, founded in 2011, is headquartered in Hong Kong and operates from offices in Shanghai, Beijing, Shenzhen, Hangzhou and Los Angeles. We are an independent business owned by our founding team and employees.

For further inquiries, please contact:
Naveet McMahon: [email protected]

Source: China Money Network

Visit the original:
China Newswire

China Money Network Announces Accomplished Publisher Naveet McMahon Has Joined The Fast-Growing Tech Company As Managing Partner

With nearly 20 years of Greater China media experience, Ms. McMahon is a highly respected executive in the media and tech sector.

Hong Kong, China, October 26, 2017 /ChinaNewswire.com/ - Nina Xiang, Managing Editor and Founder of China Money Network Limited, the artificial intelligence (AI)-powered platform tracking China’s smart investments and technology innovation, today announced an important new addition to the company's founding team.

Naveet McMahon, will be joining CMN as managing partner and part of the company's founding team, with effect from October 26, 2017. She will play a leading role in CMN’s overall business development strategy and accelerate the company's expanding presence globally, with the aim to making CMN the go-to source for cross-border investment opportunities in China using its bilingual data intelligence.

”We are extremely pleased to welcome Naveet McMahon on board given her reputation and experience doing business within the Asia Pacific region," says Nina Xiang, founder and managing editor of CMN. "With Naveet's extensive knowledge in the financial and data intelligence industry, we are confident that she is the right person to lead CMN to new heights."

Before joining CMN, Ms. McMahon was the Publisher and Director of Sales, Asia-Pacific at Remark, the market research and events division of Acuris, formerly Mergermarket Group. Prior to that, she held management roles at both FinanceAsia under the Haymarket Group and Euroweek at Euromoney Institutional Investor based in Hong Kong.

Commenting on the move, Ms. McMahon says: "I'm looking forward to working closely with the CMN team of experts to develop new products and manage a new-generation information portal powered by the latest cutting-edge AI technology. By leveraging my experience in financial bespoke research and marketing strategies in Asia Pacific, I believe we can offer unparalleled innovative solutions, ahead of other data sources."

At the same time, CMN announces that the company has expanded their team of advisors consisting of some of the industries top experts from the region. They include: Trevor Rowe, AO, Chairman (formerly Executive Chairman) of Rothschild Australia Limited; Fritz Demopoulos, co-founder of Chinese online travel search engine Qunar.com; and Andrew Toeh, founder of Chinese venture capital firm Ameba Capital.


Founded in 2011, CMN connects the data points to give investors the tools to execute deals in China and beyond. By tracking forward-looking private equity, venture capital and technology innovation we deliver immediately usable data.

CMN's core products include bilingual platforms www.chinamoneynetwork.com and www.zhongguojinrongtouziwang.com, innovative databank on China's cross-border deal, private equity, venture capital and technology innovation. Other services include: customized market research, podcasts, videos, rankings, awards and bespoke events.

CMN is headquartered in Hong Kong and operates from offices in Shanghai, Beijing, Shenzhen, Hangzhou and Los Angeles. We are an independent business owned by our founding team and employees.

Source: China Money Network

Visit the original:
China Newswire

How Fast Are Venture Capitalists Moving To Cure China’s Ills?

China Money Network To Host China Healthcare Investor Forum 2017

Shanghai, China, September 14, 2017 /ChinaNewswire.com/ - China Money Network, a leading intelligence platform on China's private markets, is proud to host the China Healthcare Investor Forum 2017, which features prominent Chinese venture and private equity investors.

Top dealmakers from KPCB, CDH Investments, Lilly Asia Ventures and OrbiMed will gather on September 19 in Shanghai with Chinese healthcare investors and healthcare industry executives for an intimate and informative panel discussion on the opportunities and challenges facing one of the hottest investment sectors in the country.

"China Money Network's events are organized around one industry vertical and therefore brings together similar-minded investors and companies who can really share in-depth exchanges," said Nina Xiang, co-founder of China Money Network. "The China Healthcare Investor Forum 2017 will gather the country's best minds in healthcare investing and is a must-attend event for healthcare professionals."

Healthcare has without doubt been one of the hottest investment sectors in China over the past decade. From 2010 to 2016, venture capital and private equity investment deal volume and total deal value grew 33.7% and 89% annually on average, respectively.

With China being the world’s most populous nation, the addressable market is gigantic. The country’s healthcare industry is expected to reach RMB16 trillion (US$2.3 trillion) in size by 2030. In addition, China is well placed to lead in medical technology innovations. In the red-hot field of precision medicine, China could soon top other countries in terms of data collection and application. China also has the world’s largest healthcare mobile app operators.

China Healthcare Investor Forum 2017 will feature speakers including:

KPCB China: Managing Partner, James Huang
James Huang joined KPCB China as a managing partner in 2011 and focuses on the firm’s life sciences practice. Prior to joining KPCB China, James was a managing partner at Vivo Ventures, a venture capital firm specializing in life sciences investments. Before that, he was president of Anesiva a biopharmaceutical company focused on pain-management treatments.

OrbiMed: Daniel Zhou
Daniel Zhou joined OrbiMed as a director on the Asia team. Prior to joining OrbiMed, he worked as a vice president at WI Harper Group where he was responsible for healthcare investments in China. Previously, he was an assistant vice president at Balloch Group, helping Chinese medical companies to obtain financing from private equity firms.

CDH Investment: Partner, Lily Zhang
Lily Zhang joined CDH Investments in 2015 focused on healthcare industry investments. Previously, she worked as director of Business Development and Intelligence at GlaxoSmithKline (China) Investment, and business development manager of Asia Pacific at Johnson & Johnson, responsible for merger and acquisition deals in treatment sector.

Lilly Asia Ventures: Partner, Judith Li
Judith Li joined Lilly Asia Ventures in 2013 and focused on early and growth stage investments across biopharmaceuticals, medical devices, and diagnostics both domestically and cross-border. She holds board appointments at a variety of the firm’s portfolio companies including Nextcure, Crown Biosciences, Just Biotherapeutics, and Veritas Genetics. Her previous experience includes McKinsey’s New York office, hospital administration at Partners Healthcare, and co-founding an interventional nephrology medical device venture.

Raro Leow: [email protected]

More details here:


CHINA MONEY NETWORK is a leading intelligence platform for China's dynamic private markets. Driven by the most complete database of Chinese private investment funds, private companies, deals and top experts, China Money Network is the go-to source of information and intelligence for millions of Chinese and global investors. Started in 2011 as an investment podcast in Shanghai, we have evolved into a Hong Kong-headquartered independent company offering compelling services to institutions operating in China's rising private markets. For more information, please visit: www.ChinaMoneyNetwork.com and www.ZhongGuoJinRongTouZiWang.com.

Source: China Money Network

Visit the original:
China Newswire

Artificial Intelligence Experts Converge On Shanghai Next Week

Join leading AI scientists, CEOs and investors from Gobi Partners, WorkFusion, and Xiaoi Robot for an insiders' panel discussion and open Q&A

Shanghai, China, August 29, 2017 /ChinaNewswire.com/ - The artificial intelligence revolution has begun. PwC estimates that thirty-eight percent of jobs in the U.S. are at high risk of being replaced by robots and AI within 15 years. Prominent Chinese AI investor Dr. Kai-Fu Lee predicts half the jobs in the world could be replaced by AI in ten years time.

So organizations should start preparing now for the arrival of the AI workforce which promises to disrupt companies big and small. Properly implemented, AI will improve efficiency, generate higher margins and enable those that have a smart AI strategy to outsmart those that don't.

To address these and other questions, China Money Network is proud to host The AI Evolution Series: Prepping For The AI Workforce. Register now to join leading AI scientists, CEOs and investors from Gobi Partners, WorkFusion, and Xiaoi Robot for an insiders' panel discussion and open Q&A. Enjoy networking with other attendees of business executives and AI experts.

Only limited seats available. Register now to secure your chance to listen to the insiders.  More information here:

Date: Monday, Sep 4, 2017
Time: 17:00-19:00
Location: Naked Hub, 3/F, 380 Huangpi Nan Lu, Huangpu District, Shanghai
Language: English

Gobi Partners: Ken Xu
Ken is the managing partner of Gobi Partners, a Chinese venture capital firm focused on information technology, telecom, media and technology (TMT) and digital media industries. His work on the investment side covers areas such as wireless applications, location-based services (LBS), mobile SNS, and cloud computing. He also has extensive experience in multiple industries, including information technology (IT), financial services, real estate, and construction.

WorkFusion: Max Yankelevich
Max is the founder and CEO of WorkFusion, an AI company helping financial services and other big corporations to replace white-collar office workers with AI systems.  New York-based WorkFusion has raised US$75 million in venture funding, and has helped corporations save millions by deploying AI tech to take over repetitive back office work.  Max attended MIT where he studied computer science and mathematics.

Xiaoi Robot: Yiya Xu
Yiya is the senior VP at Xiaoi Robot, a Chinese AI company listed on the New Third Board. Xiaoi Robot helps giant Chinese corporations including China Telecom, China Unicom, and Bank of China replace human staff at their call centers, in addition to provide other AI solutions. Before joining Xiaoi Robot in 2010, Yiya worked at Microsoft China and Apple China.

China Money Network: Nina Xiang
Nina is the co-founder of China Money Network, the leading information platform for China's VC and tech markets.  Before co-founding CMN, Nina worked at Bloomberg BusinessWeek and Institutional Investor magazine, in addition to serving as part-time correspondent for China Business Network and China Radio International.

17:00-17:15: Guests check-in
17:15-17:20: Introduction and Welcome remarks
17:20-18:10 Panel discussion
18:10-18:30: Open Q & A
18:30-19:00: Networking

– How fast will the AI workforce arrive at your company's office?
– How should companies and professionals prepare for the arrival of the AI workforce?
– How to come up with a well-thought-out AI strategy?
– What are the challenges in implement an AI plan, and how to overcome them?

Raro Leow
Business Development Associate
China Money Network
[email protected]

Source: China Money Network

Visit the original:
China Newswire

Global Mobile Wallet Pioneer TiENPAY Launches Initial Coin Offering

The T8Coin ICO will fund the development of Xtopp, TiENPAY's media, finance, collaboration and royalty disbursements platform. TiENPAY announces formal launch of a digital currency exchange in Hong Kong.

Hong Kong, August 28, 2017 /ChinaNewswire.com/ - TiENPAY Limited, a pioneer financial technology firm that offers a global digital mobile wallet, clearance and settlement platform, announces that it has launched its T8Coin initial coin offering (ICO). The offering, from which investors can purchase TiENPAY's proprietary T8Coin tokens with attractive investment return prospects, will fund the company's development of an innovative blockchain-based royalty disbursement platform.

At the same time, TiENPAY is officially launching a fully licensed digital currency exchange in Hong Kong today, in partnership with Chinese financial firm, Baixin Financial Group Ltd. The exchange will allow the trading and conversion of four pairs of cryptocurrencies and fiat currencies, including Bitcoin/US dollar, Bitcoin/Australian Dollar, Bitcoin/CNY, and Bitcoin/Hong Kong dollar.

"I'm excited to announce that TiENPAY's ICO has so far received strong investor enthusiasm, because our T8Coins are to fund a smart contract-based media and loyalty disbursement project that is expected to return handsomely for our token holders," says William Tien, founder and CEO of TiENPAY. "In addition, the launch of the Hong Kong digital currency exchange pushes us one step forward in realizing our mission of creating a global and ubiquitous omni-channel financial platform offering hassle-free access to digital goods and services."

"We are excited to partner with leading fintech company TiENPAY to launch the Hong Kong digital currency exchange," says Liu Ziwei, Managing Director of Baixin Financial Group. "The exchange will benefit the fintech community in Asia to convert cryptocurrency and fiat currency with the convenience of just a few swipes of their fingers."

The Initial coin offering, similar to an initial public offering, is a form of crowd sale where tech companies or projects raise capital in the form of crytocurrency, usually Bitcoin or Ethereum, by issuing project tokens. Since Mastercoin announced the first ICO globally, ICOs have become increasingly popular. In 2017, nearly 90 ICOs have taken place globally, raising crytocurrencies worth US$1 billion. China's first ICO was completed last year by a project named Xiaoyi, and the market has skyrocketed since then. During the first half of this year, 64 ICOs were issued in China, raising crytocurrencies worth a total of RMB2.6 billion (US$420 million), taking over 40% of the global total.

TiENPAY's T8Coin is a crypto token that utilizes the Ethereum Blockchain and consensus network. Early investors buying T8Coins during the ICO will be entitled to receive royalties in perpetuity from 20 web films TiENPAY plans to produce in the next five years. The web films will be embedded with TiENPAY's proprietary Xtopp platform, which offers innovative advertisement and sponsorship opportunities to clients, therefore creating lucrative revenue streams that will be distributed to T8Coin holders. These web films will be distributed on China's major online video sites and other prominent distribution channels.

The ICO accepts Bitcoin or Ethereum in exchange for the T8Coin token, which represents a contractual right to receive a royalty derived from the sale of T8Coin content. T8Coin is supported by Smart Contracts that act as an escrow agreement between the T8Coin and the Investors who purchase the tokens.

"It is the first time where web film production and distribution has been combined with innovative smart contract and blockchain technology to create an opportunity to benefit discerning investors," says Victor Chow, co-founder and group chief operating officer of TiENPAY. "We expect with the completion and broad online distribution of our first movie before year-end, our token holders will be generously rewarded for their foresight in purchasing our T8Coin tokens."

Last month, TiENPAY announced that it plans to produce 20 web films to promote the usage of innovative technologies such as its own mobile wallet. The first film, a comedy thriller web film "Wallet", will be produced by Beijing Jinmache Film & Television Culture Communication Co., Ltd.  Production will start in September.

The pre-ICO, which has a maximum of 100 million T8Coins, began on August 18. The T8Coin crowd sale, with a cap of 100 million tokens, will start from September 8 to 22, 2017.  Any unsold tokens will be "burned", or destroyed.


For more information, please contact:
Maggie Wang
Asia Media Network
Email: [email protected] for more details.


Tracing its roots back to the first mobile phone mobile wallet in Australia in 1996, TiENPAY Limited is a leading global mobile wallet clearance and settlement platform. Founded by Singaporean entrepreneur and finance veteran William Tien and former Huawei executive Victor Chow, the company's operations include mobile wallet apps and a digital currency exchange. The company currently has operations in Hong Kong, Singapore, China, Australia, U.S., U.K., India and Russia.

*Important disclosure: Investors are advised to exercise caution when purchasing cryptocurrencies, and are advised to conduct their own research and come to a conclusion purely based on their own analysis. This release is distributed to inform and disclose information and may not serve in any way as defining TienPay Limited and its affiliates' legal obligations to token purchasers.

Source: TiENPAY

Visit the original:
China Newswire

REcoin Group is launching REcoin – the first ever cryptocurrency that is backed by real

REcoin Group and its founder, real estate guru Maksim Zaslavskiy, are extremely pleased to announce the long-awaited launch of REcoin.

Las Vegas, USA, July 28, 2017 /ChinaNewswire.com/ - REcoin is a new proprietary cryptocurrency designed for a broad range of financial transactions. It is backed by the most stable sector of the US economy, real estate. The 101REcoin Trust real estate portfolio is leveraged in USA, Canada, Japan, Great Britain, and Switzerland – countries with a proven track record of favorability to investors, where the current system of state and private insurance guarantees the utmost safety and security of any monetary transaction.

The REcoin ICO – the initial fundraising and token pre-sale stage – is scheduled for the period of August 7th 2017 till October 9th 2017, during which everyone is welcome to get acquainted with REcoin and invest. The pre-sale of tokens is not limited. However, the volume of tokens designated for sale at a discount is limited.

There are several economic and technical measures involved in support of REcoin's attractiveness as a means of payment for real estate transactions, which are going to be managed, tracked and authenticated through blockchain technology. An international team of attorneys and programmers had been working tirelessly on creating solutions for REcoin holders to allow them to enter smart contracts in real estate rent (with the addition of sales contracts later), developing the supporting eco-system, creating partnerships with various Internet platforms.

Those measures shall inevitably lead to the exponential increase of the REcoin’s investment potential. The proceeds from the initial sale of tokens are invested in the highly regulated in virtually all jurisdictions real estate market reinforcing holder/investor confidence in REcoin. Also, 83% of the mining within the next fifty years of the issue is invested in real estate as well.

A purposeful work is carried out to develop the REcoin ecosystem: the search for, creation and integration of the Internet platforms that provide services in the real estate, retail and financial markets. Point-of-sale and other businesses of any specialization can also apply for inclusion in the affiliate program. A lucrative partner program is designed specifically for the purpose of expanding the range of operations and services in real estate, for which it is financially beneficial to conduct operations in REcoin.

By the time of launch, the REcoin ecosystem will consist of/be represented by the following Internet partner platforms:

— 101rebid – an online platform for conducting auctions for the sale/lease of real estate;
— 101cowork – Internet service for finding/offering real estate services;
— 101news – a news site dedicated to real estate;
— 101influencer – a communication platform for finding common ground between advertisers and opinion leaders
— 101mls – a classified ads platform designed specifically for Realtors;
101fundit – an online platform for crowdfunding in real estate.

Source: recoin

Visit the original:
China Newswire

TiENPAY Launches Innovative Global Mobile Wallet Platform

Leading fintech firm to build top global mobile wallet clearance and settlement system; to produce 20 web films to promote usage

Shenzhen, China, July 26, 2017 /ChinaNewswire.com/ - TiENPAY Limited, a premium global mobile wallet platform, today makes the global debut of its innovative mobile wallet app: TiENPAY Wallet.

The company successfully conducted a live cross-border digital currency during a press conference in Shenzhen today to mark the global launch. The company's TiENPAY mobile iOS apps will be formally launched in August, and its Android apps will be launched in September this year.

At the same time, TiENPAY announced that it plans to produce 20 web films in the next few years to promote the usage of innovative technologies such as its own mobile wallet. The first film, a love comedy web film "Wallet", will be produced by Beijing Jinmache Film & Television Culture Communication Co., Ltd.  Preparation will begin in August and production will start in September.

"I believe today's launch of TiENPAY Wallet ushers in a new age of financial freedom and inclusion, as our innovative products integrating the most advanced financial technology will extend convenient financial services to people around the world," says William Tien, founder and CEO of TiENPAY. "We are confident that users will fall in love with TiENPAY and we will become the best global mobile wallet platform."

TiENPAY can be integrated with existing channel service providers into local merchant accounts through Point Of Sales (POS) using QR codes or EAN code scanning. TiENPAY has internal built-in clearance and settlement of cryptocurrency including Bitcoin and Ethereum through its digital exchange in Hong Kong.

The company also plans to launch its digital exchange platform in Hong Kong in August for the trading of cryptocurrency and assets such as Bitcoin. By its August launch, the exchange will allow conversion of four pairs of cryptocurrency and fiat money: Bitcoin/U.S. dollar, Bitcoin/Australian dollar, Bitcoin/Renminbi, and Bitcoin/Hong Kong dollar. The exchange will expand to allow conversions of other digital currencies, including the company's own digital tokens that it plans to launch in the near future.

TiENPAY's services are currently set to cover eight countries and regions, including the United States, U.K., Australia, Singapore, Hong Kong, Cambodia, Russia and India. The company has plans to expand to cover 35 countries in five years.

"I've spent years traveling around the world and always had difficulty conducting currency conversions and cross-border transactions. I thought we should have something universal so that people don't need to wait for two weeks before receiving their money," Tien adds. "TiENPAY is exactly the answer to solve these kinds of headaches suffered currently by international travelers, residents of remote places and enterprises conducting cross-border transactions."

"After years of hard work, we are glad to mark the global launch of our innovative fintech product TiENPAY Wallet," said Victor Chow, co-founder and group chief operating officer of TiENPAY. "Business and individuals will find our wallet as the most convenient option as it has the capacity to connect to more than 350 payment gateway or aggregators like Visa, MasterCard, China UnionPay, WeChat and Alipay."

Tracing its roots back to the first mobile phone mobile wallet in Australia in 1996, TiENPAY Limited is a leading global mobile wallet clearance and settlement platform. Founded by Singaporean entrepreneur and finance veteran William Tien and former Huawei executive Victor Chow, the company's operations include mobile wallet apps and a digital currency exchange. The company currently has operations in Hong Kong, Singapore, China, Australia, U.S., U.K., India and Russia.

Source: TiENPAY

Visit the original:
China Newswire

Isentia Appoints New Hong Kong GM And Expands With New Office Move

Hong Kong, July 21, 2017 /ChinaNewswire.com/ - Global leading business Intelligence group Isentia (ASX:ISD) has appointed Alex Yu as General Manager for Hong Kong. He brings decades of experience leading media sales and B2B marketing initiatives in Hong Kong and mainland China. Alex will take ownership of managing Isentia's operation in Hong Kong and continually drive the business development in the region

Alex joined Isentia as the General Manager of Hong Kong in June 2017. He has deep insight in the media sales industry, media groups and mass media, including time with Maxus Communication, HK Cable TV, and JCDecaux Texon. He worked in the advertising sales team of Asia Inflight for 10 years, leading the sales team there to formulate sales strategies and drive business development. He has rich exposure in Hong Kong and China's B2B market and media industry.

In addition, to accommodate the rapid growth in the region, Isentia has moved the Hong Kong office to a more spacious location in the same area. With the acquisition of global content marketing agency King Content and press distribution service China Newswire in the past two years, Isentia has extended its offering from media monitoring and analysis to an all-around business intelligence solutions, by adding actions on real data intelligence.

"Our growth has been so exciting and more space is critical to continue to support that growth," said David Liu, Isentia Asia Chief Executive. "Alex's extensive industry knowledge in Media  and B2B marketing are going to help us accelerate the business development, and further enhance our market position in Hong Kong."

Alex Yu said "Hong Kong is a vital regional hub with an innovative marketing culture that provides great scope for growth in real data intelligence and the move to North Point will help further integrate Isentia's client offerings in the business intelligence industry, including press release, monitoring, analysis, and content marketing strategy, execution, amplification and measurement."

Isentia Hong Kong new office address:  Unit 2503, 25/F, K Wah Centre, 191 Java Road, North Point, Hong Kong. Ph. +852 3664 2700


About Isentia
Isentia is global leading business intelligence company, providing over 5,000 clients with information, analysis and advice 24/7/365. Isentia has more than 1,100 employees across 15 countries filtering information from over 5,500 print, radio and television media outlets and over 250 million online conversations per month. Our talented people, innovative search technology, comprehensive coverage and expert research provides the tools and insight to allow our clients to manage media relationships effectively, track and analyse issues of interest across all media, and discover and share valuable insights that drive smarter decisions.

Source: Isentia

Visit the original:
China Newswire