Chain Mall to List Its Token, Cham on LATOKEN
Cham is a utility token that Chain Mall, an NFT platform, uses. The platform has announced that the token will be listed on LATOKEN on the 15th of November, 2021.
Developed as a hybrid NFT portal, Chain Mall is an e-commerce platform that handles both digital data and physical goods. By using its token, one can get discounts on shopping and fees. It is also possible for one to use the token to support crowdfunding projects launched by creators and artists within Chain Mall.
The Chain Mall Company will collaborate with Babel Co. Ltd., an issuing corporation in Cambodia to use the NFT technology to create a new market without a replacement.
Listed on LATOKEN, the schedule is as follows:
Acceptance of deposits starts at exactly 10:00 a.m, November 14th while transactions begin by 10:00 a.m, 15th November (note that the dates and time are all in Japan Standard Time).
The Chain Mall Project
The recent hike in copying and illegal resales of brand products all over the world calls for major concern. According to a special report by AFPBB News, E-commerce companies in China spend a lot of money to eradicate counterfeit brand products, but counterfeiters oppose these efforts by enlarging the market.
Resale of concert tickets at high prices, including high management costs of warranty documents for expensive products, has become more difficult. Profits unrelated to the artists and operating companies are generated somewhere causing them damage.
The main cause of these problems is not far-fetched; There is no way to verify the warranty, and the market for digital warranties is very limited. A solution to the issues is workable using NFT.
NFT technology issues certificates to control the transfer of rights. This system clarifies who owns the tickets currently and who bought them. It can also manage the commission of resale, and many more.
Features of the NFT Technology
Handling of both digital and physical contents: The NFT platform does not only deal with digital content like tickets, etc, The system can also cater for physical content like luxury brand goods too.
Warranties manageable with NFT: Since the service enables digital representation of the product’s value, It solves problems that occur with paper product warranties.
Discount system for transaction fees: Giving discount is possible when paying various transaction fees charged at the time of sale or use with Chain Mall Token.
To get discounts, one must use cham tokens to buy products: At Chain Mall, discounts are available when using Cham Token for payments.
Possibility of encouraging up-coming creators and artists by converting their original content into NFT: This feature allows creators and artists to raise funds and create new NFT products.
About Chain Mall
Chain Mall aims to simplify guarantee management and end counterfeit products by partnering with various brands and issuing guarantees for brand products in the form of NFT. The company also aims to create a platform enabling adequate evaluation of artists and creators who have the ability to perform in various ways but are unable to expand performances to the world, and whose ratings are so poor. Moreover, the company seeks to establish a platform that fosters liquidity and allows for appropriate evaluations on a global scale in real estate and other areas where it is difficult to transcend global barriers.
Social Links:
Telegram: https://t.me/chamcoin
Media Contact
Koichi Minamitani, Chain Mall
E : info@cham.money
W : https://cham.money/en
CEO OZC Smart Chain: The world needs Blockchain but it must be practical and protect the environment
Moscow, Russia, 10 July 2021, ZEXPRWIRE, “Projects and applications that need to process hundreds of thousands of transactions per second cannot yet apply Blockchain. Current Blockchain platforms consume too much energy, affecting the environment. OZC Smart Chain was born to overcome the above disadvantages of Blockchain”- Mr.Alex Morozov – Co-Founder & CEO said.
After more than a decade of development, Blockchain technology has shown the world its outstanding advantages when applied in areas such as: transparency, high security, decentralization, etc. However, Blockchain platforms currently have too many problems that need to be solved, which creates a big barrier when applied in practice.
Current problems and solutions of OZC Smart Chain
Currently, other Blockchain platforms are using consensus algorithms that have many weaknesses, such as:
- The ability to process transactions is too small: Bitcoin only 7 transactions/sec, Ethereum 15 transactions/sec, Cardano 250 transactions/sec, etc often overload the transaction system as well as almost impossible to apply to fields that require higher transaction processing capabilities such as e-commerce, online advertising, etc.
- Unrealistic high transaction fees: from the problem of the ability to process transactions being too small and the unreasonable transaction fee calculation mechanism, the transaction fees are high, creating a big barrier for application in industries with high transaction costs, large data and transactions processing volume, low-cost requirements.
- Using too many resources, equipment, energy, etc compared to actual needs is to verify transactions and protect the transparency, decentralization of the network. The costs incurred during the operation are too much, up to tens of billions of dollars per year, which are consumed without bringing any real benefits to the community and society.
- In addition, the use of a large amount of energy, including the energy that turns into and emits CO2 gas, severely affects the environment.
OZC Smart Chain is a new generation Blockchain platform using O-DPoS (Open – Delegated Proof of Stake) consensus algorithm, a consensus algorithm built and developed by the founding team of OZC. With O-DPoS, the OZC system will work with a central 21 Master Node cluster that connects to many other 21 Master Node clusters to create a Master Node multilayer system. These Master Node clusters create a threaded multi-layer processing system similar to the governance mechanism of a government with the following breakthrough features:
- Transaction processing capacity of up to 1,000,000 transactions per second when reaching 10,000 active Master Node clusters.
- Extremely low transaction fees, almost zero
- Use fewer resources such as: requires an average configuration device to be able to participate as a Master Node, using less electrical energy, etc.
- Environmental protection is one of the highlights of OZC when it comes to low energy consumption, using a low enough resource to build, operate and protect the system. Limit unnecessary wastes generated like current Blockchain platforms.
OZC Founding Team
OZC was designed and developed by the first team of more than 30 advanced engineers, experts in the field of blockchain who have been engineers , developers in tech firms such as: Microsoft, IBM, Google, etc and the main Blockchain platforms worldwide such as: Ethereum, Cardano, Tron, etc.
OZC builds a team and governance system according to a decentralized model, OZC always has an expansion mechanism to attract new human resources to participate in operating and developing. The central cluster of 21 Master Nodes is shaped like 21 CEOs who jointly operate OZC, making OZC unaffected by anyone or an organization, only the common value of OZC is the most important.
Introduce about the first CEO of OZC
Alex Morozov
Co-Founder & CEO
Mr. Alex Morozov was born in 1978, he graduated from Bauman University in Moscow with a degree in Computer Science. He has worked as a technology development engineer for five years in Rusian Army. He is also a senior engineer at Yandex, the largest search engine in Russia.
From 2014 to today, he has focused on research and development as an expert for IBM’s Blockchain projects, Telegram and numerous Blockchain projects in Russia and worldwide.
With OZC, he is a pioneer in leading the team and community as the first of 21 CEOs to build and operate OZC together.
KoHo Chain to List on BitMart Exchange
BitMart, a premier global digital asset trading platform, will list KoHo Chain (KHC) on June 9, 2021. For all BitMart users, the KHC/USDT trading pair will be officially available for trading at 4:00 AM EDT.
What is KoHo Chain?
KoHo Chain (KHC) is the next-generation inclusive finance (InFi) infrastructure based on blockchain side-chain technology and is the first high-performance privacy public chain that bridges the KHC side chain to the Ethereum ecosystem for large-scale commercial usage securely.
The mass population cannot fully safeguard money and data security in a centralized organization. Over time it will cost many resources and financial services – causing a vicious cycle of unbalanced regional development. Changes in the industry ecology and users need a voice and a stronger sense of security.
Understanding the challenges of long processing times, inaccessibility and lack of transparency, coupled with the risks that come with the traditional finance systems, KoHo is committed to create a decentralized, inclusive financial ecosystem with a strong focus on privacy protection and security, which addresses the current pain points. By doing so, it will drastically lower the barriers of entry for users to become a part of the DeFi ecosystem to make secure transactions – users will only need a mobile phone connected to the Internet to get access to all the financial services.
KoHo foundation is at the forefront of this social revolution, working to solve the current problems facing human society through high-tech means – how to construct a more cohesive community organization and more equitable and efficient distribution of incentives.
KoHo Public Chain Emerges As The Times Require
With the improvement of DeFi financial infrastructure, derivatives of DeFi bring more and more new landing scenarios. In the face of the growing demand in DeFi, the current DeFi infrastructure has been challenging to meet the public’s desire for Inclusive Finance.
KoHo’s objective is to reduce the threshold for most cryptocurrency enthusiasts to participate in DeFi and continuously expand the boundary of DeFi.
By building a breakthrough new generation of high-performance private financial chain, KoHo has solved such prominent problems as weak scalability, high transaction cost, slow transaction speed and poor transaction experience in the existing DeFi domain.
The traditional financial industry has a high requirement for the efficiency of the trading system. Take securities trading as an example. Traditional securities trading mainly includes the declaration, matchmaking, clearing, settlement and other steps, with TPS up to hundreds of thousands. Bitcoin and Ethereum, the largest public chain, have TPS in the tens or even single digits, leading to frequent congestion.
By developing a tamper-proof, cutting-edge technical architecture which includes sharding, sub-chain expansion, state channel, online expansion, Koho Chain has achieved an impressive 100,000 transactions per second (TPS). At 100,000 TPS speeds, it would effortlessly support the key requirements of financial applications in real-world usage scenarios – high-speed and high frequency – giving KoHo Chain the capability to serve thousand times more users in each second compared to Ethereum.
KoHo public chain represents the most advanced blockchain technology in the industry, enabling the financial sector with cutting-edge technology, which will open the beginning of large-scale commercial decentralized finance. KoHo is set to drive the mass adoption of DeFi for large-scale commercial usage, evolving and pushing the boundaries of DeFi in real-world financial services and applications in a transparent and secure ecosystem that users can easily access anytime.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 365+ trading pairs with one of the lowest trading fees in the market. Download BitMart App to trade anytime, anywhere. To learn more about BitMart, please visit:
– BitMart web: https://bitmart.com/
– Twitter: https://twitter.com/BitMartExchange
– Telegram: https://t.me/BitmartExchange
About KoHo Chain
As a new generation of inclusive financial infrastructure on Binance Smart Chain, the KoHo Chain ecosystem allows Creators, Collectors, and Traders to engage with rare tokenized content on an ultra-fast and low-cost network. KoHo Chain is the next generation digital marketplace built with users and communities in mind. To learn more about KoHo Chain, please visit:
– KoHo Chain web: https://khchain.io
– Twitter: https://twitter.com/ChainKoho
– Telegram: https://t.me/KoHoChain
Contact:
BitMart Media
E: media@bitmart.com
W: www.bitmart.com
Topic: IPO
Hong Kong – Chain volume measures of Gross Domestic Product by economic activity for the fourth quarter of 2020 and the whole year of 2020
The Census and Statistics Department (C&SD) released today (March 18) the preliminary figures of chain volume measures of Gross Domestic Product (GDP) by economic activity for the fourth quarter of 2020 and the whole year of 2020.
GDP figures by economic activity show the value of production in respect of individual economic activities. The value of production is measured by net output or value added, which is calculated by deducting intermediate input consumed in the process of production from the gross value of output. Volume measures of GDP by economic activity, expressed in terms of chain volume measures net of the effect of price changes, enable analysis of the output growth profiles of individual economic sectors in real terms.
According to the preliminary figures, overall GDP decreased by 3.0% in real terms in the fourth quarter of 2020 from a year earlier, compared with the 3.6% decrease in the third quarter of 2020. For 2020 as a whole, GDP decreased by 6.1% in real terms from 2019.
Analysed by constituent services sector and on a year-on-year comparison, net output in respect of all the services activities taken together decreased by 4.0% in real terms in the fourth quarter of 2020 from a year earlier, compared with the 5.5% decrease in the third quarter. While the decline in some industries narrowed in the fourth quarter of 2020, industries related to consumption and tourism still faced notable pressures amid the threat of COVID-19 pandemic. For 2020 as a whole, the net output decreased by 6.8% in real terms for all the services sectors taken together.
Net output in the import and export, wholesale and retail trades sector dropped by 6.2% in real terms in the fourth quarter of 2020 from a year earlier, after the decrease of 9.1% in the third quarter. For 2020 as a whole, net output in this sector saw a decrease of 13.3% in real terms.
Net output in the accommodation services (covering hotels, guesthouses, boarding houses and other establishments providing short term accommodation) and food services sector decreased by 32.8% in real terms in the fourth quarter of 2020 from a year earlier, after the fall of 45.2% in the third quarter. For 2020 as a whole, net output in this sector decreased by 43.0% in real terms.
Net output in the transportation, storage, postal and courier services sector decreased by 35.5% in real terms in the fourth quarter of 2020 from a year earlier, following the decline of 41.8% in the third quarter. For 2020 as a whole, net output in this sector recorded a decrease of 39.5% in real terms.
Net output in the real estate, professional and business services sector decreased by 2.7% in real terms in the fourth quarter of 2020 from a year earlier, compared with the decline of 4.1% in the third quarter. For 2020 as a whole, net output in this sector decreased by 4.3% in real terms.
Net output in the public administration, social and personal services sector dropped by 2.0% in real terms in the fourth quarter of 2020 from a year earlier, compared with the 0.8% decrease in the third quarter. For 2020 as a whole, net output in this sector decreased by 2.2% in real terms.
Net output in the information and communications sector increased by 1.7% in real terms in the fourth quarter of 2020 over a year earlier, compared with the growth of 2.1% in the third quarter. For 2020 as a whole, net output in this sector rose by 1.6% in real terms.
Net output in the financing and insurance sector increased by 4.9% in real terms in the fourth quarter of 2020 over a year earlier, compared with the 5.1% rise in the third quarter. For 2020 as a whole, net output in this sector rose by 3.9% in real terms.
As for sectors other than the services sectors, net output in the local manufacturing sector dropped by 6.0% in real terms in the fourth quarter of 2020 from a year earlier, compared with the decrease of 7.4% in the third quarter. For 2020 as a whole, net output in this sector dropped by 5.8% in real terms.
Net output in the electricity, gas and water supply, and waste management sector decreased by 10.6% in real terms in the fourth quarter of 2020 from a year earlier, compared with the decrease of 9.4% in the third quarter. For 2020 as a whole, net output in this sector registered a decrease of 11.5% in real terms.
Net output in the construction sector decreased by 4.9% in real terms in the fourth quarter of 2020 from a year earlier, after the decrease of 10.2% in the third quarter. For 2020 as a whole, net output in this sector decreased by 7.9% in real terms.
Further information
The year-on-year percentage changes of GDP by economic activity in real terms from the fourth quarter of 2019 to the fourth quarter of 2020 are shown in Table 1. For enquiries about statistics on GDP by economic activity, please call the National Income Branch (2) of the C&SD at 3903 7005.
Figures of chain volume measures of GDP by economic activity for the fourth quarter of 2020 and the whole year of 2020 are only preliminary at this stage. When more data become available, the preliminary figures will be revised accordingly. More detailed figures can also be found at the Hong Kong Statistics section of the C&SD website (www.censtatd.gov.hk).
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