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Bitrue Merges CeFi & DeFi to Become World’s First Hybrid Exchange

Diversified Offerings to be Known as Bitrue Financial Services

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Press Release updated: Aug 25, 2020 09:00 EDT


Leading digital financial services platform Bitrue has today announced upgrades to its existing services that will introduce the benefits of Decentralized Finance (DeFi) products to its existing Centralized Finance (CeFi) products. This will allow Bitrue to become the world’s first hybrid exchange, with further pushes into DeFi products planned for the future.

The first DeFi service will be a peer-to-peer matching engine connecting borrowers and lenders, with borrowers receiving interest on the coins they add to the liquidity pool. The service is expected to launch in Q1 2021. Bitrue Financial Services will be supported through a new cryptocurrency token, Bitrue Finance Token (BFT), which will be distributed to Bitrue users starting this week and listed in mid-September.

In keeping with the spirit of DeFi, Bitrue will also be implementing upgrades to its existing loan service, starting with a move to make publicly viewable the wallets that contain collateralized funds. The increased transparency will be a step towards giving users as much power over their finances as possible.

DeFi products have seen stratospheric growth in 2020 and represent a clear future for the digital asset industry. In this nascent stage, activity has focused almost exclusively on Ethereum-based ERC20 tokens, which excludes 70% of digital assets, including major coins such as XRP. Bitrue’s new hybrid model will progressively facilitate cross-chain interaction of all major blockchains, thereby providing users with a one-stop shop for all of their coins.

“The inherent trustless nature of DeFi means that our users can always be 100% satisfied that they are getting fair deals. It fits perfectly with the very reason that we started Bitrue – to provide financial services that bring equitable opportunities to all people, instead of enriching the elite few at the top. At Bitrue we have users with a wide range of backgrounds and requirements – from ordinary users who are building up nest eggs to large institutions looking to control their risk. These people all have different requirements and expectations towards cryptocurrencies, and the new capabilities we can offer as a result of this hybrid model will be able to satisfy these wide-ranging needs,” said Curis Wang, CEO of Bitrue.

About Bitrue

Launched in July 2018, Bitrue is a diversified financial services platform with support for trading, loans, and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. The company has offices worldwide and continues to develop new features at a rapid speed to fully service the new wave of the digital economy.

Source: Bitrue

Source: https://www.newswire.com/news/bitrue-merges-cefi-defi-to-become-worlds-first-hybrid-exchange-21198352

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Tous pour la 5G, la 5G pour tous

Guangzhou sera l’hôte du Congrès mondial sur la 5G 2020 qui aura lieu le 26 novembre GUANGZHOU, Chine, 23 octobre 2020 /PRNewswire/ — Cet article a été rédigé par le comité organisateur du Congrès mondial sur la 5G (fourni par Science and Technology Daily). Le Congrès mondial sur la 5G…

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Guangzhou sera l’hôte du Congrès mondial sur la 5G 2020 qui aura lieu le 26 novembre

GUANGZHOU, Chine, 23 octobre 2020 /PRNewswire/ — Cet article a été rédigé par le comité organisateur du Congrès mondial sur la 5G (fourni par Science and Technology Daily).

Le Congrès mondial sur la 5G 2020, qui se tiendra à Guangzhou, du 26 au 28 novembre, est organisé conjointement par le gouvernement populaire de la province du Guangdong de la République populaire de Chine (RPC), la Commission nationale du développement et de la réforme de la RPC, le ministère des Sciences et Technologies de la RPC et le ministère de l’Industrie et des Technologies de l’information de la RPC. Le Congrès se déroulera sous le thème « Tous pour la 5G, la 5G pour tous ».

Le 4 mars dernier, une réunion du comité permanent du bureau politique du comité central du Parti communiste chinois (PCC) a mis l’accent sur l’accélération de la construction de nouvelles infrastructures comme les réseaux 5G et les centres de données. Au cours de l’année, le secrétaire général Xi Jinping a successivement donné d’importantes instructions sur l’accélération de la construction de nouvelles infrastructures comme les réseaux 5G lors de visites à Zhejiang, à Shaanxi et à d’autres endroits.

En raison de la croissance d’un nouveau cycle de révolution technologique mondiale et de transformation industrielle, la 5G est devenue un objectif de développement prioritaire dans le cadre de la stratégie mondiale de développement de l’économie numérique. Selon les prévisions de la Global Association for Mobile Communications Systems, il y aura près de 1,2 milliard d’utilisateurs de la 5G à travers le monde d’ici 2024. L’Académie chinoise des technologies de l’information et des communications prévoit que l’investissement cumulatif dans la construction du réseau 5G en Chine pourrait atteindre 1,2 billion de yuans d’ici 2025. Cela alimentera la chaîne industrielle en amont et en aval, et encouragera les investissements dans les applications de différentes industries, pour dépasser les 3,5 billions de yuans. De 2020 à 2025, l’utilisation commerciale de la 5G en Chine entraînera un rendement économique indirect total d’environ 24,8 billions de yuans.

Le Congrès mondial sur la 5G, qui est le premier événement international au monde dans le domaine de la 5G, a eu lieu pour la première fois à Pékin en 2019. L’événement a permis de réunir des experts, des universitaires et des dirigeants d’entreprises du monde entier qui ont participé à des discussions approfondies sur le thème « La 5G change le monde, la 5G crée le futur ». Voici la liste des participants à la cérémonie d’ouverture : Cai Qi, membre du bureau politique du comité central du PCC et secrétaire du comité municipal de Pékin du PCC; Wang Yong, conseiller d’État; Wang Zhigang, ministre des Sciences et Technologies de la RPC; Miao Wei, ancien ministre de l’Industrie et des Technologies de l’information de la RPC, et Lin Nianxiu, directeur adjoint de la Commission nationale de développement et de la réforme de la RPC. L’événement reflète parfaitement la grande attention que le Parti et les dirigeants des États accordent au développement de la 5G.

Le Congrès mondial sur la 5G 2020, qui se tiendra à Guangzhou, rassemblera des scientifiques importants et influents dans les domaines de l’information et de la communication mondiales, des fournisseurs de services 5G de renommée internationale ainsi que des fournisseurs d’applications 5G. Ceux-ci participeront à des échanges et des discussions sur les technologies de pointe, les tendances de l’industrie et les applications novatrices dans le domaine de la 5G. Le Congrès reflétera pleinement l’attrait de la 5G au sein du contexte économique mondial actuel, ainsi que son importance dans le nouveau modèle de développement à deux cycles. Il mettra en évidence le fait que la 5G favorise la mise à niveau des industries traditionnelles ainsi qu’une nouvelle vie numérique, offrant des « avantages intelligents », en plus de démontrer au monde entier le rôle et la valeur de l’autonomisation de l’industrie de la 5G.

Selon la présentation publiée par le comité organisateur du Congrès mondial sur la 5G, celui-ci se déroulera selon une nouvelle méthode électronique et traditionnelle, consistant en une cérémonie d’ouverture, une conférence principale et des conférences au sommet. Les conférences 5G and Media Industry Transformation Forum et 5G and Digital Life New Consumption Forum seront les premières à avoir lieu, le 25 novembre. La cérémonie d’ouverture et la conférence principale auront lieu dans la matinée du 26 novembre. Les conférences du Congrès se dérouleront les unes à la suite des autres à partir du 26 novembre en après-midi jusqu’au 27 novembre, y compris les conférences Digital Economy Led by 5G and Sustainable Development Forum, 5G and the Greater Bay Area Development Forum, The 3rd AI & I Guangzhou International Summit 2020, 5G and Industrial Internet Forum, 5G and Public Health & Healthcare Forum, 5G and Smart Transportation Forum, 2020 International Seminar on Future Information Communication Technologies and Strategies, et ainsi de suite. Des discussions approfondies auront lieu sur différents thèmes et domaines.

Une exposition qui sera tenue sur une superficie d’environ 12 000 mètres carrés du 26 au 28 novembre lors de l’événement présentera un nouveau mode de vie, de nouvelles industries et technologies et plus encore. L’espace d’exposition interactif sera construit autour d’activités de production sociale, y compris la vie familiale, les soins de santé, la consommation de ressources financières, la communication sociale, l’éducation et le divertissement, le transport et la logistique, la production et la fabrication, la gestion urbaine et autres scénarios de services d’application de la 5G. L’exposition mettra l’accent sur les extraordinaires applications de la 5G jusqu’à présent, en soulignant les réalisations de la 5G au profit du public et de l’autonomisation des industries. Les visiteurs pourront découvrir en personne des applications faisant appel à la 5G pour une vie intelligente, profiter d’une expérience approfondie de la promotion de la 5G pour la production industrielle et comprendre plus en détail les nouvelles technologies, ainsi que les produits dernier cri en amont et en aval de la chaîne industrielle de la 5G.

Il est explicitement indiqué dans l’aperçu du plan de développement de la région de la Grande Baie de Guangdong-Hong Kong-Macao, publié par le Comité central du PCC et le Conseil d’État en février 2019, que nous devons promouvoir les technologies de l’information de nouvelle génération et les transformer en nouvelles industries faisant figure de piliers. Il y est aussi clairement suggéré d’encourager un certain nombre de grands projets industriels dans des domaines clés comme les récentes technologies d’affichage, les technologies de communication de nouvelle génération, la 5G et l’Internet mobile.

Étant l’une des organisatrices du Congrès, la province du Guangdong fait activement la promotion du développement de l’application industrielle de la 5G. En 2019, la province du Guangdong a publié son plan d’action provincial pour accélérer le développement de l’industrie au moyen de la 5G (2019-2022), qui précise l’orientation et les objectifs associés au développement de l’industrie de la 5G. Comme elle est l’une des premières villes à utiliser la technologie 5G en Chine dans le cadre d’un projet pilote, Guangzhou attache une grande importance à la mise en valeur rapide de la 5G, à l’accélération de la culture de nouveaux types d’entreprises, de nouvelles économies et vitesses, et à la création d’un élan inédit sous l’impulsion de la science et de la technologie. Elle compte ainsi obtenir un soutien important, afin d’atteindre son objectif de « vieille ville, nouvelle vitalité ». Le Congrès sera l’occasion d’explorer le nouveau point de départ, et les nouvelles orientations et possibilités de la 5G en combinant les tendances de développement de la région de la Grande Baie de Guangdong-Hong Kong-Macao et en tenant compte du processus de mise en œuvre commerciale, en plus de favoriser l’intégration de la 5G dans toutes les industries et de faire le lien entre tous les éléments au profit du public. Finalement, il favorisera l’autonomie de construction de la région de la Grande Baie.

Il est maintenant possible de vous inscrire pour participer au Congrès mondial sur la 5G 2020 et à l’exposition. Pour obtenir plus de détails, veuillez consulter le site Web officiel du Congrès à l’adresse www.w5gc.com.

SOURCE Science and Technology Daily

Source: https://www.prnewswire.com:443/news-releases/tous-pour-la-5g-la-5g-pour-tous-814131680.html

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Worldwide Thermal Energy Storage Industry to 2025 – Featuring Abengoa, Baltimore Aircoil & Brightsource Energy Among Others

DUBLIN, Oct. 23, 2020 /PRNewswire/ — The “Thermal Energy Storage Market by Technology (Sensible, Latent, Thermochemical), Storage Material (Water, Molten Salts, PCM), Application (Power Generation, District Heating & Cooling, Process Heating & Cooling), End User and Region – Global…

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DUBLIN, Oct. 23, 2020 /PRNewswire/ — The “Thermal Energy Storage Market by Technology (Sensible, Latent, Thermochemical), Storage Material (Water, Molten Salts, PCM), Application (Power Generation, District Heating & Cooling, Process Heating & Cooling), End User and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025.

The rising number of CSP projects across globe are driving demand for thermal energy storage. The Middle Eastern & African and American countries, such as the US, Morocco, South Africa, and the UAE, are experiencing an upsurge in the demand for electricity for district heating & cooling, and process heating & cooling applications.

The latent heat storage segment is expected to be the fastest-growing of the thermal energy storage market, by technology, during the forecast period.

Latent heat storage has the advantage of storing large amounts of heat with only small temperature changes and, therefore, has a high storage density. Phase change materials work on constant temperature, both while charging and discharging. The use of phase change materials can be found in solar energy storage systems for water heating, greenhouses, space heating and cooling, cooking, and waste heat recovery systems.

Americas: The fastest market for thermal energy storage.

Americas is the fastest-growing market for the thermal energy storage market. The growth of the market in the region is driven by the launch of various CSP projects and propelling demand for thermal energy storage for district heating & cooling applications. The US has been a pioneering market for concentrating solar power technology, with CSP installations since the 1980s. The stellar decline in solar PV prices took the attention away from the CSP industry, although project developments continued. The US is the only significant market in the region, with virtually no action in South America and Canada in the near future. However, Chile has some operational thermal energy projects and leads the market in South America with CSP installations for mining and utility-scale power supply.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary
3.1 Scenario Analysis
3.1.1 Optimistic Scenario
3.1.2 Realistic Scenario
3.1.3 Pessimistic Scenario

4 Premium Insights
4.1 Attractive Opportunities in Thermal Energy Storage Market
4.2 Thermal Energy Storage Market, by Technology
4.3 Thermal Energy Storage Market, by Storage Material
4.4 Thermal Energy Storage Market, by Application
4.5 Thermal Energy Storage Market, by End-user
4.6 Thermal Energy Storage Market, by Region
4.7 Thermal Energy Storage Market in Americas, by End-user & Country

5 Market Overview
5.1 Introduction
5.2 Yc Shift
5.3 COVID-19 Health Assessment
5.4 Road to Recovery
5.5 COVID-19 Economic Assessment
5.6 Market Dynamics
5.6.1 Drivers
5.6.1.1 Demand for Energy Storage for Supplementing Ever-Increasing Solar Energy Generation
5.6.1.2 Increasing Hvac Applications Fueling Demand for Thermal Energy Storage
5.6.1.3 Promotion of Tes by Governments and Other Regulatory Authorities
5.6.2 Restraints
5.6.2.1 High Grid Connection Barriers Related to Thermal Energy Storage
5.6.2.2 Competition from Battery Storage and Pumped-Storage Technologies
5.6.3 Opportunities
5.6.3.1 Decentralization of Renewable Energy Sector
5.6.3.2 Increasing Use of Molten Salts for CSP Plants
5.6.4 Challenges
5.6.4.1 High Initial Costs, Along with Changing Costs by Technology
5.7 Value Chain Analysis
5.7.1 Project Development
5.7.2 Procurement of Materials
5.7.3 Procurement of Components
5.7.4 Plant Engineering & Construction
5.7.5 Operation
5.7.6 Distribution
5.8 Average Selling Price
5.9 Market Interconnection
5.1 Case Study Analysis
5.10.1 Crescent Dunes Uses Molten Salt Storage for Solar Power Tower CSP
5.10.2 Supcon Delingha 50Mw Molten Salt Tower CSP Uses Solar Power Tower CSP for Utilities

6 Impact of COVID-19 on Thermal Energy Storage Market, Scenario Analysis, by Region
6.1 Introduction
6.1.1 Impact of COVID-19 on GDP
6.1.2 Scenario Analysis of Global Power Sector
6.1.3 Optimistic Scenario
6.1.4 Realistic Scenario
6.1.5 Pessimistic Scenario

7 Thermal Energy Storage Market, by Technology
7.1 Introduction
7.2 Sensible Heat Storage Technology
7.2.1 High Demand for Molten Salts for Thermal Energy Storage is Driving Sensible Heat Storage Technology Demand
7.3 Latent Heat Storage Technology
7.3.1 Development of Phase Change Materials is Likely to Drive Market
7.4 Thermochemical Storage Technology
7.4.1 US Offers High Potential for Growth of Thermochemical Storage Technology

8 Thermal Energy Storage Market, by Storage Material
8.1 Introduction
8.2 Water
8.2.1 Water-Based Thermal Energy Storage Systems Require Low Investment
8.3 Molten Salt
8.3.1 Lithium Salts
8.3.1.1 Good Thermophysical Properties and Low Costs of Lithium Salts Make Them More Demandable for Csp Thermal Plants
8.3.2 Potassium Salts
8.3.2.1 Binary and Ternary Salts, Including Potassium Nitrate, Make Good Storage Materials for Thermal Energy Storage
8.4 Phase Change Materials (PCM)
8.4.1 PCMs Enable Target-Oriented Discharging Temperatures
8.5 Others

9 Thermal Energy Storage Market, by Application
9.1 Introduction
9.2 Power Generation
9.2.1 Upcoming Csp Projects to Drive Power Generation Application of Thermal Energy Storage
9.3 District Heating & Cooling
9.3.1 Evolving Smart City Concept and HVAC Applications in Middle East and European Countries is Driving Market Growth
9.4 Process Heating & Cooling
9.4.1 Increasing Demand for Thermal Energy Storage to Provide Heating and Cooling Solutions for Energy-Intensive Industries is Fueling Market Growth

10 Thermal Energy Storage Market, by End-user
10.1 Introduction
10.2 Utilities
10.2.1 Increasing Focus on Power Load Management During Peak Hours is Driving Demand from Utilities
10.3 Commercial
10.3.1 Thermal Energy Storage Systems Are Used for HVAC Applications in Commercial Sector
10.4 Industrial
10.4.1 High Volumes of Waste Heat Generated in Industries is Encouraging Use of Tes Systems for Process Heating & Cooling Applications

11 Thermal Energy Storage Market, by Region
11.1 Introduction
11.2 Europe
11.3 Americas
11.4 Middle East & Africa
11.5 Asia-Pacific

12 Competitive Landscape
12.1 Overview
12.2 Market Evaluation Framework
12.3 Industry Concentration, 2019
12.3.1 Contracts & Agreements
12.3.2 Investments & Expansion
12.4 Company Evaluation Matrix Definitions and Methodology
12.4.1 Stars
12.4.2 Emerging Leaders
12.4.3 Pervasive
12.4.4 Emerging Companies
12.5 Company Evaluation Matrix, 2019
12.6 Winners Vs. Tail-Enders
12.6.1 Winners
12.6.2 Tail Enders

13 Company Profile
13.1 Abengoa
13.2 Man Energy Solutions
13.3 Brightsource Energy
13.4 Baltimore Aircoil Company
13.5 Solarreserve
13.6 Caldwell Energy
13.7 Burns & Mcdonnell
13.8 Cristopia Energy
13.9 Cryogel Thermal Energy Storage
13.10 Dunham Bush
13.11 Steffes Corporation
13.12 Turbine Air Systems (Tas)
13.13 Evapco
13.14 Calmac
13.15 CB&I (Mcdermott)
13.16 Lime
13.17 Vogtice
13.18 Sunwell Technologies
13.19 DC Pro Engineering
13.20 Fafco

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/ij23gh

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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Source: https://www.prnewswire.com:443/news-releases/worldwide-thermal-energy-storage-industry-to-2025—featuring-abengoa-baltimore-aircoil–brightsource-energy-among-others-301158933.html

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Rand McNally Announces New Ownership

CHICAGO, Oct. 23, 2020 /PRNewswire/ — Rand McNally, a leader in transportation technology, is energized and excited to announce new ownership. TELEO Capital has completed acquisition of the 164-year-old company and named Joseph Roark Chairman of Rand McNally. TELEO Capital is committed…

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CHICAGO, Oct. 23, 2020 /PRNewswire/ — Rand McNally, a leader in transportation technology, is energized and excited to announce new ownership. TELEO Capital has completed acquisition of the 164-year-old company and named Joseph Roark Chairman of Rand McNally.    

TELEO Capital is committed to investing in and growing Rand McNally’s position in the commercial and industrial transportation technology market. Through its differentiated operational playbook, TELEO Capital has a strong track record of accelerating both organic and inorganic growth initiatives to build best-in-class companies.

During the past 10 years, Rand McNally has expanded aggressively in the commercial transportation and logistics software space, becoming a leading technology company. Rand McNally provides an innovative, proprietary fleet management solution, and mileage and routing software to carriers, shippers and third-party logistics providers, complemented by a full suite of driver technologies that integrate seamlessly with its fleet management platform.   

Rand McNally recently launched several innovative firsts in the retail marketplace, including OverDryve and TND dashboard tablets and ClearDryve® 2-in-1 headset/headphones. Further, Rand McNally’s robust new product roadmap will continue to set Rand McNally apart from competition with breakthrough technologies and best-in-class services and support.

“We are extremely excited to support the Rand McNally team through this next stage of growth,” said Roark, an Operating Partner at TELEO Capital. “We fully intend to help grow Rand McNally through organic and acquisitive investment. Our focus will be on breakthrough products and solutions and first-class customer service.”

Rand McNally will continue to operate out of its Chicago headquarters, with warehousing in Kentucky and several global sourcing and development operations.

About TELEO Capital – TELEO Capital is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources and capital base empower management to perform and execute their business plan. With more than 75 years of collective private equity experience, we bring a successful track record of execution. TELEO Capital targets opportunities in the technology & software, healthcare IT, business services and industrial sectors. The firm is based in Boise, ID and Los Angeles, CA.

About Rand McNally – Chicago-based Rand McNally has been transforming travel and transportation for 164 years. Today, Rand McNally provides innovative fleet management and commercial transportation solutions, connected vehicle technology, and consumer travel and education products. Learn more at randmcnally.com and fleet.randmcnally.com

©2020 RM Technologies, Inc. d/b/a Rand McNally. All rights reserved.

Rand McNally the globe logo, OverDryve, TND, and ClearDryve are trademarks of RM Technologies, Inc. d/b/a Rand McNally.

SOURCE Rand McNally

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Source: https://www.prnewswire.com:443/news-releases/rand-mcnally-announces-new-ownership-301159015.html

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