Partnering with YeloPlay and BeatFarm Elastos shows the potential of the New Age of Bitcoin, Creators and Artists can eliminate intermediaries, reduce fees, retain ownership and drive immediate revenue.
Singapore – September 20, 2024 – (SeaPRwire) – Elastos, a SmartWeb ecosystem provider, today created the World’s first live music inscription at its Asia OnChain Real World Assets (RWA) event at Token 2049. Elastos, part of the Group supported by the Singapore headquartered Elastos Foundation, used its eScription technology to create a recording that was not only inscribed live to Bitcoin and the Elastos Smart Chain (ESC) but now remains available to artists and fans for all time as a minted collectible of the occasion. This is a significant example of the New Age of Bitcoin, where artists and creators can eliminate intermediaries, reduce fees and drive immediate revenues, while retaining an immutable record of their work.
This first recording was supported by Elastos partners, YeloPlay, a Web3 platform with a catalog of Indian and Sri Lankan soundtracks, film scores, and hits and BeatFarm, a transformative music industry platform focused on the development of new inscription technology and blockchain-based music consumption models. Today’s demonstration is a significant moment in showing the potential for Bitcoin and the Bitcoin infrastructure to deliver a new economic model. The song being inscribed is “Back to the start” composed and performed by Mike De Zilva, Kat Sonata and Charth Fernando.
ESC Transaction: https://esc.elastos.io/tx/0x79c7133488539c63d1fcf81bff6a8826a4df40c14fdd4eae73fb9b0072e8b411/internal-transactions
Bitcoin Transaction: https://mempool.space/tx/e947500f21340a2760ef3c00f54f52ae7f2524bfd6ce2658dceb5dba4dc86729
BeatFarm enables this inscription by inscribing an Ordinal on Bitcoin and an eScription on ESC, which is attractive to Bitcoin holders as it maintains the benefits of the currency’s security and integrity to protect their investment. For creators and artists, it means Bitcoin owners can easily use their currency without bridging, wrapping or otherwise interfering with the Bitcoin layer. The inclusion of ESC is important, as it avoids network congestion and additional fees that would otherwise result, allowing users to establish Smart Contracts on their own terms, ultimately becoming an attractive alternative way to commercialize content.
Jonathan Hargreaves, Global Head of Growth, Elastos explains: “This is a key moment for Web3 models and the music industry as for the first time an instantaneous record of a performance can be created and monetized using Bitcoin and crypto technologies. This gives artists ownership rights and control, as well as a direct relationship with their fans cutting out intermediaries and their fees. This approach has the potential to transform how music is made, consumed and stored, empowering everyone to enjoy and cherish the creative product.”
One interesting aspect of the Elastos BIT Index is that BRIC nations and the Global South are moving quicker to embrace Bitcoin. For example, 24% of tech-savvy Indian consumers and 26% of UAE respondents use Bitcoin every day as their currency of choice compared to the global average of 18% while only 11% of Germans, 13% of UK respondents, 14% of South Koreans and 15% of US tech-savvy consumers are prepared to do the same. Furthermore, 91% of Nigerians and 90% of Indians see a time when Bitcoin could become a type of ‘default’ current compared to only 70% in Germany and 73% in the UK and South Korea, and 75% in the US. Therefore, it is perhaps no surprise that YeloPlay, whose back catalogue includes material from some of Sri Lanka’s most famous artists such as Roshan de Silva, Mariazel Goonathilaka, Nalin Perera, Mike De Zilva, Shane Vincent, and Joel Fernando, has participated in this project.
Jonathan Hargreaves continues: “Although today’s first live inscription signals both a technological and creative revolution, it also enables cultural renaissance where artists from anywhere in the world, such as these Sri Lankan and Indian artists supported by YeloPlay, can experience new artistic and economic opportunities. It means every community can promote and share a unique cultural record by preserving it on the Bitcoin infrastructure forever.”
Beatfarm’s Co-Founder, Alex Panos shared: “Crucial to this revolution, BeatFarm is providing artists the tools and resources to control their content, collaborate, and take advantage of new ways to connect with their super fans in ways which we haven’t seen before, supporting communities and social media movements who want to share musical culture.”
Mike de Zilva, Founder and CEO of YeloPlay, describes completion of the live eScription as a milestone for the creative and music industries:
“The World’s first live eScription, literally, signals the moment when artists regained control over their creations – it’s massive. And it’s not limited to content, Bitcoin-backed eScriptions will enable artists to develop and define completely new relationships with their audiences, incentivising super fans, for instance, with exclusive content, access and experiences. All on the artist’s terms,” says Mike.
About BeatFarm
BeatFarm is a Web3 music distribution platform that enables artists to mint and inscribe their music onto multiple blockchains simultaneously, while also connecting directly with their superfans. BeatFarm aims to democratize music distribution by leveraging blockchain technology to provide artists with unprecedented control over their work and direct access to their fans.
For more information, please go to: https://beatfarm.io/
About Elastos
Elastos is a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to produce a modern Internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. The mission is to build accessible, open-source services for the world, so developers can build an internet where individuals own and control their data.
The Elastos SmartWeb platform enables organizations to recalibrate how the Internet works for them to better control their own data.
Social Links
LinkedIn: https://www.linkedin.com/company/elastosinfo/
Media Contact
Company: Elastos
Contact: Roger Darashah
Website: https://elastos.info
SOURCE: Elastos
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
Sectors: Top Story, Corporate News
SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
TOKYO, Sept 20, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Corporation (MC), KDDI Corporation (KDDI), and Lawson, Inc (Lawson) will launch an initiative to transform Lawson into "Next-generation Convenience Store " As the COVID-19 changed customers' lifestyles, consumption behaviors, and values, Lawson has been adapting to the “new normal” by leveraging its digital technologies. In modern society, convenience stores are essential parts of social infrastructure, contributing to steady supplies of food and daily necessities.For more than 20 years since MC invested in Lawson, MC has supported Lawson by leveraging its supply chain fields, such as raw material procurement and manufacturing logistics, and extensive overseas business networks. In response to accelerating changes in business environment, MC will enhance its collaboration with KDDI, having customer base built on telecommunications-related businesses and offering various digital services. Through the partnership, MC and KDDI will promote further transformation of Lawson.Specifically, we aim to expand "Real × Tech Convenience" by leveraging business infrastructures, AI and DX technologies of MC and KDDI. Also, we will enhance convenience stores’ roles as "Hub of refreshment in every community" by transforming into convenience stores, solving social issues that stores and communities have, through cooperation with local governments. Initiatives to transform into "Next-generation Convenience Store"1. Expansion of "Real × Tech Convenience"With the aim to implement retail-tech initiatives via digital technology to solve operational issues that retail stores are facing, such as labor shortages and food loss, two stores will be open (office space and shopping area) in “TAKANAWA GATEWAY CITY” where KDDI’s headquarter is scheduled to be relocated by the spring of 2025. The stores will be operated as an experimental lab for various retail-tech aimed at transformation of Lawson into "Next-generation Convenience Store".In the future, we will establish a Real × Tech Convenience system based on the demonstration results at the Takanawa stores and aim to expand it to other stores.Additionally, we will support and enhance Lawson's overseas expansions (including existing areas) by leveraging MC's extensive overseas business networks. Examples of demonstrations at the Takanawa store> The following functions will be introduced. Details are to be decided.FunctionContentsSmartphone Cash Register System・Frictionless payment in stores・Product recommendations through smartphonesAI Signage・Showing recommendations and campaign information based on customer attribute and membership data, with the use of AI camerasOperational Optimization・Using robots for stocking items, in-store cleaning, and product deliveryNext-Generation Remote Customer Service Platform・Setting up remote customer service booths with specialized staffs・In the early stage, we will respond to inquiries from customers regarding communications, electricity, gas, and other basic infrastructure. Eventually, we will expand our services and consider utilization of AI technology.2. Enhancing collaboration with local governments regarding disaster prevention and transportation to solve local issuesOn September 18th, 2024, MC, KDDI and Lawson signed an agreement on disaster management based on Lawson. We will work together and build up a cooperative system, for the sake of early recovery of utilities in the disaster-hit areas as well as ensuring victims feel safe and providing life support in case of a disaster. By doing so, we aim to create a secure society where people can feel comfortable and fulfilled.Furthermore, we will address local issues through the initiatives such as patrolling the areas utilizing KDDI’s Starlink network and drones to enhance community safety, and assisting transportation through on-demand mobility service ("KnowRoute" and "mobi") provided by the operating company affiliated with MC and KDDI. We aim to realize a "Lawson Town" and committed to working toward the development of an enriched community. 3. Strengthening customer contact points through the expansion of Ponta Economic ZoneSince KDDI and Loyalty Marketing, Inc. ("Loyalty Marketing ") signed a capital and business alliance agreement in 2019, MC, KDDI, and Lawson have been collaborating to expand and revitalize Ponta economic Zone through Ponta network, Loyalty Marketing’s Point program.With the goal to further revitalize Ponta Economic Zone and improve customer convenience, KDDI will renew the "au Smart Pass Premium", a package of services with coupons and contents, to "Ponta Pass" from October 2nd, 2024. Also, limited edition benefits will be offered to commemorate the launch of the service. We will continue to provide services to help customers enjoy more convenient shopping at better price at Lawson. Examples of strengthening customer contact pointsService NameContentsPonta Pass・ Weekly free and discount coupons that can be used at Lawson・ Higher Ponta point conversion rate when using "au PAY" for payment at Lawson etc.Collaboration with KDDI's online brand "povo"・ "povo Data Oasis" will start within the year, a service that customers can charge data capacity when visiting LawsonScheduled to start selling data-only eSIM at Lawson stores by the end of this fiscal yearetc.MC, KDDI and Lawson will provide new convenience store experiences to customers by expanding Real × Tech Convenience and solve local issues, such as disaster prevention and transportation, in collaboration with local governments nationwide. By doing so, we will enhance Lawson's role in modern society and transform Lawson into a "next-generation convenience store".Inquiry Recipients:Mitsubishi Corporation Public Relations Department - TEL (03)3210-2171KDDI Corporation Public Relations Department - TEL (03)6678-0690Lawson Co., Ltd. Public Relations Department - TEL (03)5435-2773 Copyright 2024 JCN Newswire via SeaPRwire.com.
LONDON, Sept 20, 2024 - (JCN Newswire via SeaPRwire.com) - Hitachi Rail's use of 5G digital signalling capabilities for urban rail, will reduce lifecycle costs, enhance actionable insights from data analytics, and future proof train networks. Replacing legacy radio technologies with 5G for critical train to ground communications is being launched on New York's Crosstown Line & Hong Kong's International Airport's Automatic People Mover.SelTrac™ CBTC is an advanced digital signalling solution, which uses train to ground telecommunications to support traffic management on a line. A technology deployed across new metros, light rail systems and is increasingly used for resignalling on existing networks. CBTC allows for higher capacities, safety and overall reliability when compared to conventional signalling systems.While CBTC technology is helping to improve performance on rail services around the world, it currently relies on the installation of legacy communication technology (radio, Wi-Fi) to enable train to ground communications. Hitachi Rail's solution with innovative 5G, removes the limitations of prior technologies and instead leverages public or private networks. The 5G solution reduces the trackside infrastructure significantly as the number of 5G Radio Access Points needed are decreased relative to the existing WiFi solution.The additional benefits of 5G are substantial, including continued high-performance connectivity in the most challenging of environments such as tunnels. Substantially increased 5G bandwidth further enables the use of advanced digital asset management solutions such as those developed by Hitachi Rail. By providing real-time reporting of the train's data, it is possible to optimize operations and maintenance of both the train and the track.Operators of 5G acquire the ability to use their expanded network capacities to deliver a range of additional services without installing new radio infrastructure, and with confidence of future 5G technology iterations (e.g. 6G) and backward compatibility. An important asset considering the 30-year lifecycle found within a radio access infrastructure.Hitachi Rail's SelTrac™ CBTC solution with the advanced 5G communication system will be deployed in two of the busiest metro networks in the world. In New York, Hitachi Rail is implementing a private 5G network for the Crosstown Line, which transports 70,000 passengers daily, and in Hong Kong, where the operator is implementing a 5G overlay network onto an existing SelTrac™ solution within the International Airport's Automatic People Mover. These projects will be one of the first to incorporate 5G connectivity for mission-critical signalling applications.Ziad Rizk, Managing Director, Urban Rail Signalling, Hitachi Rail, said: "Our first-of-its-kind 5G solution is a game changer for the urban rail market. The new 5G system plays a critical role in delivering reliable and high-capacity CBTC operations to metro operators. We offer different deployment options that best suit the customers' needs, as seen with our two references. We are proud to deliver this transformative technology to our customers and the benefits it will deliver to passengers."On 31 May, 2024, Hitachi Rail completed the acquisition of Thales' Ground Transportation Systems business (GTS), expanding the business's footprint to 24,000 colleagues across 51 countries. The acquisition has enabled Hitachi Rail to expand its product and technology portfolio, including enhancing its expertise in urban rail signalling. On 24-27 September, Hitachi Rail will exhibit a range of its urban rail products including its 5G solution at the global rail exhibition, InnoTrans in Berlin.About Hitachi RailHitachi Rail is committed to driving the sustainable mobility transition and has a clear focus on partnering with customers to rethink mobility. Its mission is to help every passenger, customer and community enjoy the benefits of more connected, seamless and sustainable transport. With revenues of over €7bn and 24,000 employees across more than 50 countries, Hitachi Rail is a trusted partner to the world's best transport organisations. The company's reach is global, but the business is local - with success built on developing local talent and investing in people and communities. Its international capabilities and expertise span every part of the urban, mainline and freight rail ecosystems – from high quality manufacturing and maintenance of rolling stock to secure digital signalling, smart operations and payment systems.Hitachi Rail, famous for Japan's iconic high speed bullet train, draws on the digital and AI expertise of Hitachi Group companies to accelerate innovation and develop new technologies. Hitachi Group is present in 140 countries with over 270,000 employees and global revenues of €54.55bn / ¥8,564 bn.For more information, visit hitachirail.com Copyright 2024 JCN Newswire via SeaPRwire.com.
TOKYO, Sept 20, 2024 - (JCN Newswire via SeaPRwire.com) - Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, announced today the launch of a new 4K camera head1, CH-S700-08-LB, for endoscopic urology and gynecology procedures in Europe. The camera head is compatible with the VISERA ELITE III video system center for surgical endoscopy. This product is also set to be launched in Japan, Hong Kong and Singapore as soon as it is ready to comply with the regulations of each country, sequentially from September 2024. The technical development of this product was led by Sony Olympus Medical Solutions Corporation, a joint venture between Olympus and Sony Corporation.4K CAMERA HEAD OLYMPUS CH-S700-08-LBThis product provides four times the number of pixels than a conventional HD camera head, enabling observation with 4K white light images and 4K NBI (Narrow Band Imaging)2 images. It is also equipped with the BL (Blue Light)3 observation function offering versatile imaging capabilities in a single device to address diverse clinical needs. This will support high-quality diagnosis and treatment of urological diseases, including bladder cancer, by providing unprecedented endoscopic image clarity. Through the launch of this product, Olympus aims to enhance the patient care pathway of early diagnosis, minimally invasive treatment, and follow-up for non-muscle invasive bladder cancer, thereby improving the standard of care and patient outcomes.1 A camera head mainly used in endoscopic surgery in combination with an endoscope and peripheral equipment for the purpose of displaying images inside the body on a monitor. This product is also applicable to obstetric and gynecological procedures.2 NBI (Narrow band imaging) is an imaging technique for examining features such as the small blood vessels in mucosa and the surface patterns. NBI highlights tissue by illuminating it with two narrow bands (wavelengths) of light that are absorbed by the hemoglobin in blood without making use of a fluorescence dye. 3 BL (Blue Light) is an optical-digital technology that supports distinguish cancerous tissue that accumulate certain fluorophores from healthy tissue that has not. Fluorophores are then selectively deposited in a tumor and emit red fluorescence under blue excitation light. As of this release, this function is supported only in Japan. It has not yet been approved for use in Europe per the EU MDR.Background of the launchBladder cancer is one of the most common cancers that occur in the elderly population. With its high prevalence, in conjunction with its vulnerability to multiple recurrences and progression despite local therapy, this leads to a substantial health service burden globally. In particular, non-muscle invasive bladder cancer (NMIBC), which is said to account for 75% of bladder cancers, recurs in 31-78% of cases within 5 years after surgery1. In response, Olympus is focused on reducing postoperative recurrence and improving patient outcomes by enhancing cancer detection through urological endoscopy and supporting tumor resection through transurethral surgery. In September 2024, Olympus will launch the VISERA S, endoscopic visualization platform. Designed for office and ambulatory settings, which provides high-definition endoscopic images to support early detection and diagnosis of diseases. Both new product launches, the 4K CH-S700-08-LB and VISERA S, reflect Olympus' commitment to advancing urological care and improving patient outcomes by providing enhanced visibility during surgical procedures.1 Teoh, J.YC., Kamat, A.M., Black, P.C. et al. Recurrence mechanisms of non-muscle-invasive bladder cancer —a clinical perspective. Nat Rev Urol 19, 280–294 (2022). https://doi.org/10.1038/s41585-022-00578-1 Image of Olympus' solution to the entire care pathway in bladder cancerTrue 4K Image Quality and 4K NBIExclusive full 4K image sensor generates 1 billion richer colors (ITU-R BT.2020 standard for a wide color gamut) and four times finer detail than previous generations in HD, enabling the surgeon to see the crucial details of the superficial layer of the mucosa that are important in urologic endoscopic surgery. NBI is a unique optical-digital technology that enhances visualization of mucosal structure and capillary patterns in the bladder using wavelengths that are highly absorbed by hemoglobin. It provides higher contrast and reveals significantly more tissue detail than WLI. This supports more precise lesion detection and resection.Unified Visualization that relevant for endourology proceduresWhile a dedicated system was conventionally required to perform BL observation, this product enables white light observation, NBI observation, and BL observation with a single camera head, eliminating the need for system switches. The BL offers brighter backgrounds with improved color tone and clear contrast in HD for better visibility, contributing to more effective resections. It meets different observation needs depending on the case and supports more efficient operation of the equipment at medical institutions.Effortless Usability and ErgonomicsOne-touch autofocus supports precise endoscopic visualization and can be activated on the camera head body. Fine texture details are clearly visible at the touch of a button, minimizing distractions and enabling continuous focus on the procedure.The product is manufactured by Olympus Medical Systems Corp.About OlympusAt Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide best-in-class solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global X account: @Olympus_CorpMedia contact:Mail: Global-Public_Relations@olympus.com Olympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com Copyright 2024 JCN Newswire via SeaPRwire.com.
MANAMA, Bahrain, Sept 20, 2024 - (ACN Newswire via SeaPRwire.com) - The Central Bank of Bahrain today granted Crypto.com full approval to provide payment service provider (PSP) services through its subsidiary registered in the Kingdom of Bahrain under the commercial name "FORIS GFS BH B.S.C. CLOSED", adding to the company's significant regulatory milestones in the region.The PSP licence will allow Crypto.com to expand its offerings of e-money and fiat-based payment services regionally, including the launch of its world-renowned prepaid cards."With its extensive international presence and an earned reputation for regulatory compliance, we are delighted that Crypto.com has chosen the Kingdom of Bahrain as a destination for investment, which will further bolster Bahrain's ability to deliver on its vision of developing a digital-first, resilient economy that celebrates innovation and progress," said H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board, adding, "Backed by the agility of our Team Bahrain approach, which fosters a streamlined investment environment that champions ease of doing business, Bahrain is successfully building a world-class ecosystem to support the evolution of the fast-growing blockchain, crypto and fintech industry. This is further supported by robust regulations and a diverse, highly skilled, and future-ready talent pool, particularly within the financial services and technology sectors.""Bahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialisation," said Eric Anziani, President and COO of Crypto.com. "We appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC."Bahrain, a pioneering hub for digital asset regulation within the Gulf Cooperation Council (GCC) countries, was among the first to issue crypto-asset licences in the region, cementing itself as a leading hub for crypto services and fintech innovations in the region. As the island nation's investment promotion agency, Bahrain EDB works closely with potential and existing clients providing key services that include industry assessments and strategic advisory, in line with its mandate of attracting investments into Bahrain.Crypto.com continues to actively grow and expand its ecosystem, with more than 100 million users worldwide.The announcement builds on Crypto.com's regulatory licensing momentum globally, having received its Virtual Asset Service Provider Licence from the Dubai Virtual Assets Regulatory Authority (VARA) and the launch of the Crypto.com Exchange for institutional investors in April 2024. Cypto.com is additionally licensed for specific services in key markets around the world, including Singapore, France, Australia, Ireland, Malta, United Kingdom, United States, Canada, and South Korea.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)The Bahrain Economic Development Board (Bahrain EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. The Bahrain EDB works with the government and both current and prospective investors, to ensure that Bahrain's investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.The Bahrain EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, logistics, ICT, and tourism. For more information on the Bahrain EDB visit www.bahrainedb.com.SOURCE: Bahrain Economic Development Board Copyright 2024 ACN Newswire via SeaPRwire.com.
Singapore - September 20, 2024 - (SeaPRwire) - Seoul Metropolitan Government held an investment briefing on September 12th (Thursday) at the M Hotel in Singapore to attract global and local companies based in Singapore to Seoul. This roadshow is organized by Invest Seoul, the city's dedicated investment promotion agency, in collaboration with Enterprise Singapore and Singapore Business Federation, aiming to attract foreign companies and talent to help Seoul become a global Top 5 city.
On September 12th, the 'Seoul Forward' event was held in Singapore, with a total of 100 companies attending for seminars and networking.
To attract global companies, the city offers a step-by-step support system, including an all-in-one package for foreign direct investment (FDI) and office spaces for international finance.
The city is actively promoting its efforts to attract companies in high-impact industries such as finance and biotechnology, collaborating with relevant organizations.
In this event, attended by around 100 companies, the following activities took place: 'Promotion of Seoul's investment environment, including incentives for entering the city through Invest Seoul', 'Introduction to Seoul's industrial environment for global companies entering the city',' One-on-one customized consulting sessions between experts and companies in various fields such as law, accounting, labor, foreign exchange, and listing on the Korean market'. The customized consulting will feature a wider range of experts compared to last year, particularly in areas like labor and foreign exchange, which receives a positive response from the singaporean companies.
Seoul Metropolitan Government is actively pursuing various initiatives to facilitate the entry and settlement of global companies in the city. Through Invest Seoul, the city provides comprehensive support in the form of an 'all-in-one package,' which includes pre-market research, assistance with establishing corporations, management support in areas such as labor and legal matters, and office leasing, covering the entire process of entering Seoul.
The city also introduced plans for the 'Yongsan International Business District'. The Yongsan International Business District is a project being pursued by Seoul Metropolitan Government to enhance its status as a global city. It spans nearly 500,000 square meters and is divided into four zones based on usage: international business, mixed-use, business support, and mixed culture.
Choi Pan-kyu, a Director-General of Creative Industries Bureau at Seoul Metropolitan Government, stated, "As the competition among cities such as Singapore and Hong Kong is intensifying, attracting global companies to Seoul will be a pivotal step toward becoming a Top 5 global economic city." He added, "We will continue to focus on attracting promising global companies to secure a skilled workforce and create quality jobs."
Social Links
Facebook: https://www.facebook.com/InvestSeoulCenter
LinkedIn: https://www.linkedin.com/company/invest-seoul/
YouTube: https://www.youtube.com/investSEOUL
Media Contact
Brand: Invest Seoul / Seoul Business Agency
Contact: Hong-Seok Choi
Email: logmis@sba.seoul.kr
Website: https://investseoul.org/eng/mainPage.do
SOURCE: Invest Seoul / Seoul Business Agency
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
Sectors: Top Story, Corporate News
SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
Las Vegas, NV – September 20, 2024 – (SeaPRwire) – Home365, a property technology company, continues to support real estate investors with its established Profit Protect Plan, designed to enhance real estate investments by providing financial security and stability for investors.
The Profit Protect Plan helps real estate investors safeguard their profits from unexpected costs such as vacancy, delinquency, and operational issues. It maximizes returns while minimizing risks. By using advanced proprietary software, the plan forecasts potential risks and prices them into an extensive coverage plan. If a tenant moves out, Home365 ensures a seamless transition by quickly finding a new tenant, handling turnover to get the property rent-ready, and covering the rent until the new tenant is in place so the owner doesn’t lose a dollar.
“Real estate investors often worry about market volatility and operational risks,” said Daniel Shaked, chief executive officer of Home365. “At Home365, we designed the Profit Protect Plan to address these very concerns and help investors achieve their financial goals confidently.”
Home365’s advanced software enhances transparency and communication by offering real-time insights, detailed financial reports, and updates on repair activities for clear property management. Continuous improvement of this platform is a key focus, including more detailed financial reporting, real-time property status updates, and advanced predictive analytics to anticipate and mitigate potential issues.
Since its inception, the company has served thousands of homeowners, provided more than $1.5 million in rent guarantees, and covered $1.4 million in repairs. This demonstrates Home365’s commitment to delivering reliable and transparent property management solutions.
“The property management industry is crucial because it deals with people’s homes and impacts many lives, yet it remains traditional with little transparency and minimal use of technology. Home365 aims to change that by bringing transparency, technology, and aligned interests into the industry,” added Shaked.
The proprietary property management software is a key part of Home365’s service. It includes a tenants portal for reporting issues with their phones where they can upload images and videos of the issues, pay rent online, and communicate with representatives. For property owners, the owners’ portal offers full transparency with detailed financial reports, before-and-after images, and videos of repairs. This software enhances communication and transparency, distinguishing Home365 from traditional property management companies.
A standout feature of the Profit Protect Plan is the rent guarantee and comprehensive maintenance coverage. If a property is vacant or a tenant is delinquent, Home365 covers the rent, ensuring a steady income stream for investors. Additionally, the company handles maintenance and repair issues due to normal wear and tear at its own expense, from fixing an AC unit to repairing a hole in the wall, providing investors with peace of mind and financial predictability.
By focusing on superior customer service and comprehensive property care, the company aims to ensure sustainable growth for investors. Home365 uses the latest technology and a customer-centric approach to create a seamless and profitable experience for property owners.
The recent expansion to Phoenix marks the company’s 18th location, with a presence across nine states. This milestone demonstrates the growth and commitment to providing top-notch property management services nationwide.
Investors can enroll in the Profit Protect Plan through Home365’s platform. The process is straightforward, with detailed guidance provided. There are no hidden fees or complex requirements, making it accessible for both seasoned investors and newcomers.
Visit Home365 to learn more about the Profit Protect Plan and how it can enhance your real estate investment strategy.
About Home365
Home365 is a property technology company focused on improving property management. By providing real estate investors with predictable and stress-free income, the company aims to make property investments more profitable and efficient. With advanced technology and a customer-centric approach, Home365 creates a seamless and profitable experience for property owners.
Contact Information
Brand: Home365
Contact: Shahar Raz
Email: shahar@home365.co
Website: home365.co
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
Sectors: Top Story, Corporate News
SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
