The International Lawyers Network has won Global Law Firm Network of the Year during The Lawyer European Awards 2021.
The Lawyer European Awards was established as a first-of-its-kind initiative to reward and celebrate excellence across the European legal market. Of the ILN, the judges said, “Great focus on diversity, budget planning and cross-border collaboration,” as well as “Admire the self-awareness leading to a governance restructure. Has responded well to the pandemic and its ‘success’ rates speak for themselves.”
Executive Director, Lindsay Griffiths said, “We are elated to be honored by The Lawyer with this award. We’d like to thank both The Lawyer and the judges for selecting us from among such a prestigious group of finalists and we are especially grateful to our members, whose hard work and dedication to the Network during this challenging year have made this possible. Our sincere congratulations to all the finalists and winners.”
About the ILN
The ILN is a non-exclusive network of high-quality mid-sized law firms, which operates to create a global platform in the provision of legal services, particularly for clients with international needs. With a presence in 67 countries, it is exceptionally well placed to offer seamless legal services, often of a cross-border nature from like-minded and quality legal practices. In 2021, the ILN was honored as Global Law Firm Network of the Year by The Lawyer European Awards, and in 2016 and 2017, they were shortlisted as Global Law Firm Network of the Year. Since 2011, the Network has been listed as a Chambers & Partners Leading Law Firm Network, recently increasing this ranking to be included in the top two percent of law firm networks globally. Today, the ILN remains at the very forefront of legal networks in its reach, capability, and depth of expertise.
Butterfly Protocol and the XDC Network announced today that the Butterfly Protocol blockchain domain system will be used for an XDC blockchain-specific domain system. Through a grant from XinFin, a blockchain registry system will be created that allows developers and users of dApps to register domains and use a growing set of open-source tools to develop a standardized URL path to data and processes. In addition, to access dApps built for the XDC blockchain, the initiative will create human-readable wallet naming and the opportunity to create single sign-on access across the dApp ecosystem.
Dana Farbo, Partnership Lead for Butterfly Protocol and founder of Avrilar Inc., stated that, “We are excited to be an XDC Network partner. The Butterfly Protocol will be used for creating blockchain top-level domains (bTLD) with a blockchain that is known for scalability, stability, and very low transaction costs. This advancement will accelerate decentralized web usage.”
As an enterprise-ready, hybrid blockchain, the XDC Network is well-positioned to bridge legacy systems with blockchain technology, enabling institutions to take advantage of blockchain’s innovative use cases.
The XDC Network is EVM compatible, allowing seamless interoperability with Ethereum, and offers advanced smart contract capabilities for enterprise use cases, including asset tokenization and decentralized finance. The network is receiving increased interest from institutions looking to keep pace with rapid fintech disruption.
Blockchain domains are rapidly gaining acceptance as the world moves toward Web 3.0 with a growing decentralized internet and distributed computing environment. In addition, file storage is improving with hybrid cloud and local nodes providing a more robust infrastructure to handle data-driven societies’ demands. Naming systems for the decentralized space allow for ease of use and access while providing additional layers of security for fraud prevention.
About Butterfly Protocol
Butterfly Protocol is a decentralized autonomous organization (DAO) that aims to replace the Domain Name System (DNS) system and change the economics of domain ownership. https://coinmarketcap.com/currencies/butterfly-protocol-2/
About XinFin’s XDC Network
The XDC Network–created by XinFin–is a global, open-source, delegated proof of stake consensus network (XDPoS), which enables hybrid relay bridges, instant block finality and interoperability with ISO 20022 financial messaging standards. The network’s hybrid architecture is designed to support institutional use in trade finance and tokenization and is equipped to reduce the existing gap in global infrastructure. With interoperable smart contracts, 2,000 transactions per-second throughput, and Ethereum Virtual Machine compatibility, the XDC Network provides a scalable infrastructure for independent community contributors.
For more information about XinFin and the XDC Network, please visit www.xinfin.org.
About XDC
XDC is the native asset that powers the XDC hybrid blockchain protocol. XDC acts as a settlement mechanism for decentralized applications (Dapps) built on the XDC Network. The XDC Network is comprised of independent community contributors, including long-term backers, network utility developers and tech innovators. www.coinmarketcap.com/currencies/xinfin-network
Forward-looking statements: Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions. “Forward-looking statements” describe future expectations, plans, results, or strategies, and are generally preceded by words such as “future”, “plan” or “planned”, “expects,” or “projected.” These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company’s control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in developing and marketing products, intense competition, and additional risk factors.
Santa Clara, CA, 24 July 2021, ZEXPRWIRE, Deeper Network Inc launched an IPO-NFT for equity subscription. The company’s product, Deeper Connect, is selling well overseas, and platforms such as indiegogo are in short supply, and a large number of orders have been accepted.
The products developed and produced by the company will realize large-scale blockchain applications in the true sense. The DEEPER super public chain formed by the company on this basis has achieved a key breakthrough: the PoC mechanism realizes the low cost and low power consumption of network nodes and the real decentralization of computing power. The DPN solution paved the way for the arrival of the next-generation Internet.
In view of the high expectations of DPR supporters and investors for the company’s future listing, the company decided to share the company’s huge future development space and business dividends with the previous investors . We will issue products based on equity subscription. Details are as follows:
The basic idea of IPO-NFT products
1. The total share of IPO-NFT equity subscription is 50,000 shares • The total share of the IPO-NFT is 50,000, and the right to subscribe for the company’s shares worth 100 million US dollars, that is, each IPO-NFT can subscribe for the company’s 2,000 US dollars of shares • Gifts to early investors, the total number does not exceed 15,000 copies
2. The remaining 35,000 IPO-NFT issuance and acquisition methods in the future • Will issue a joint special edition IPO-NFT with well-known institutions or organizations • DPR Staking pledge reward • DPR Holder airdrop and more
3. The issuance method of IPO-NFT • Part of the IPO-NFT gift according to the issuance rules • A certain number of IPO-NFTs will be issued in advance by auction, as a guide to the pricing of IPO-NFTs given to investors in the early stage
4. Additional rights and interests of IPO-NFT • Extra rewards for special events, such as lucky draws, mining machines, souvenirs, etc. • IPO shareholders’ equity
5. IPO-NFT issuance time • May 2021
6. IPO-NFT share subscription time • The investor holds the NFT equity to subscribe for the time of Deeper’s initial public offering and listing on NASDAQ
7. IPO-NFT cancellation time • The IPO-NFT product held by the investor will be cancelled after the investor exercises the subscription right
8. Monetization and circulation of IPO-NFT • After the investor obtains the IPO-NFT free of charge, he can obtain income in related chain operations including but not limited to auctions. • If necessary, the company will design a specific circulation plan separately according to the market situation
About Deeper Network
Deeper Network is committed to building a truly decentralized and secure gateway to a more democratic internet. The company aims to bring a better internet experience to every household and become the de facto portal to Web 3.0. Deeper Network’s flagship product line, the Deeper Connect, is the world’s first blockchain-powered secure gateway that enables users to securely and privately browse the internet free of censorship.
Deeper Network is led by a team of seasoned industry professionals whose backgrounds include Intel, Amazon, CoinMarketCap and Quantum. Their products are sold on Amazon, Best Buy, and Indiegogo with over 10,000 units already sold.
Santa Clara, CA, 22 July 2021, ZEXPRWIRE, Deeper Network Inc launched an IPO-NFT for equity subscription. The company’s product, Deeper Connect, is selling well overseas, and platforms such as indiegogo are in short supply, and a large number of orders have been accepted.
The products developed and produced by the company will realize large-scale blockchain applications in the true sense. The DEEPER super public chain formed by the company on this basis has achieved a key breakthrough: the PoC mechanism realizes the low cost and low power consumption of network nodes and the real decentralization of computing power. The DPN solution paved the way for the arrival of the next-generation Internet.
In view of the high expectations of DPR supporters and investors for the company’s future listing, the company decided to share the company’s huge future development space and business dividends with the previous investors . We will issue products based on equity subscription. Details are as follows:
The basic idea of IPO-NFT products
1. The total share of IPO-NFT equity subscription is 50,000 shares • The total share of the IPO-NFT is 50,000, and the right to subscribe for the company’s shares worth 100 million US dollars, that is, each IPO-NFT can subscribe for the company’s 2,000 US dollars of shares • Gifts to early investors, the total number does not exceed 15,000 copies
2. The remaining 35,000 IPO-NFT issuance and acquisition methods in the future • Will issue a joint special edition IPO-NFT with well-known institutions or organizations • DPR Staking pledge reward • DPR Holder airdrop and more
3. The issuance method of IPO-NFT • Part of the IPO-NFT gift according to the issuance rules • A certain number of IPO-NFTs will be issued in advance by auction, as a guide to the pricing of IPO-NFTs given to investors in the early stage
4. Additional rights and interests of IPO-NFT • Extra rewards for special events, such as lucky draws, mining machines, souvenirs, etc. • IPO shareholders’ equity
5. IPO-NFT issuance time • May 2021
6. IPO-NFT share subscription time • The investor holds the NFT equity to subscribe for the time of Deeper’s initial public offering and listing on NASDAQ
7. IPO-NFT cancellation time • The IPO-NFT product held by the investor will be cancelled after the investor exercises the subscription right
8. Monetization and circulation of IPO-NFT • After the investor obtains the IPO-NFT free of charge, he can obtain income in related chain operations including but not limited to auctions. • If necessary, the company will design a specific circulation plan separately according to the market situation
About Deeper Network
Deeper Network is committed to building a truly decentralized and secure gateway to a more democratic internet. The company aims to bring a better internet experience to every household and become the de facto portal to Web 3.0. Deeper Network’s flagship product line, the Deeper Connect, is the world’s first blockchain-powered secure gateway that enables users to securely and privately browse the internet free of censorship.
Deeper Network is led by a team of seasoned industry professionals whose backgrounds include Intel, Amazon, CoinMarketCap and Quantum. Their products are sold on Amazon, Best Buy, and Indiegogo with over 10,000 units already sold.
Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of Rs 91 crore (approx). The modus operandi involved floating of multiple firms with the intent to avail/utilize & passing on of inadmissible credit.
The firms involved in this network are M/s Girdhar Enterprises, M/s Arun Sales, M/s Akshay Traders, M/s Shree Padmavati Enterprises and 19 others. These 23 firms were floated in order to generate goods-less invoices with an intent to pass on fraudulent ITC without paying actual GST to the government. Late Shri Dinesh Gupta, Shri Shubham Gupta, Shri Vinod Jain and Shri Yogesh Goel were associated in the said business of generating/selling fake invoices. These entities are dealing in various commodities and involved in generation of goods-less invoices worth Rs. 551 croreand passing inadmissible ITC amounting to Rs. 91crore(approx.). All the three accused tendered their voluntary statement admitting their guilt.
Therefore, Shri Shubham Gupta, Shri Vinod Jain and Shri Yogesh Goel knowingly committed offences under Section 132(1)(b) and 132(1)(c) of the CGST Act, 2017 which are cognizable and non-bailable offences as per the provisions of Section 132(5) and are punishable under clause (i) of the sub section (1) of Section 132 of the Act ibid. Accordingly, they were arrested under Section 132 of the CGST Act on 10.07.2021 and remanded to judicial custody by the duty Metropolitan Magistrate for 14 days. Further Investigations are in progress.
Delhi Zone has been making sustained efforts to check evasion of GST, leading to detection of Rs. 91.256 crore in the present FY and 3 persons have been arrested in these matters.
