In an industry-first, Ongo has installed unique card dispensers with UPI feature to facilitate these ready-to-use ‘Ongo Ride’ cards at select CMRL metro stations.
Chennai, August 14, 2024: Ongo, the digital payments platform of AGS Transact Technologies (BSE: 543451 & NSE: AGSTRA), one of India’s leading integrated omnichannel payments providers, today announced the launch of ‘Ongo Ride’, an instant National Common Mobility Card (NCMC) at Chennai Metro Rail Corporation (CMRL). Ongo has installed unique card dispensers at 13 select Chennai metro stations to facilitate instant issuance of ready-to-use ‘Ongo Ride’ cards and provide commuters an enhanced travel experience. In due course, the company will look at issuing ‘Ongo Ride’ at additional metro stations in Chennai.
The key USP of ‘Ongo Ride’ is the instant card issuance process. Commuters can purchase ‘Ongo Ride’ cards for Rs 100 from these card dispensers in three easy steps: Select Card – Pay via UPI – Collect ready-to-use ‘Ongo Ride’ card. Each card comes preloaded with a balance of Rs 50. Commuters can conveniently top up their ‘Ongo Ride’ cards at ticket counters across all Chennai metro stations. This streamlined process offers a quick over-the-counter experience encouraging faster adoption of NCMCs across India.
Chennai Metro is one of the 12 metro systems in the country that are NCMC enabled and has a peak monthly ridership of 95+ lakh, and 35+ lakh closed-loop metro card users as of July 2024. ‘Ongo Ride’, a National Common Mobility Card (NCMC), offers commuter a unified payment solution which seamlessly integrates various transportation modes such as metros, buses & water ferries as well as at parking and toll booths. Further, it does not require full KYC, as per the updated RBI guidelines, for making transit payments, promising a more efficient commuting experience.
Mr. Ravi B. Goyal, Chairman & Managing Director, AGS Transact Technologies Limited, said, “we are thrilled to launch ‘Ongo Ride’, an instant National Common Mobility Card (NCMC) designed for the modern-day commuter at Chennai Metro. Metro railways are a cornerstone of urban mobility infrastructure, with India experiencing a daily metro ridership of approximately 10 million. At AGS Transact, we believe that NCMCs have the potential to transform mobility across the nation. With our unique NCMC card dispensers, we are simplifying the issuance process, and through ‘Ongo Ride’ we are enabling seamless access to all NCMC-enabled transit services. Our goal is to provide unparalleled convenience for commuters on the go.”
Chennai , 13 August 2024: As champions of sustainability, globally, Toyota is committed to Carbon Neutrality by 2050 and aims to achieve Net Zero Carbon in Manufacturing Operations by 2035 guided by Toyota Environmental Challenges 2050 (TEC 2050). Today, marking the World Biofuel Day, Toyota Kirloskar Motor (TKM) reiterates its commitment to sustainable mobility. The company has been advancing greener mobility solutions with greater agility by introducing and supporting multiple clean technologies considering various factors such as the current energy mix, unique consumer needs, infrastructure readiness, and the Government’s diversified efforts towards becoming ‘Atma Nirbhar’ in energy by 2047.
India is the fastest growing large economy. The country’s fossil fuel consumption along with imports is also rising rapidly, wherein the crude oil imports during April 2024 rose to its third highest level on record. India, world’s third largest energy consumer imported 21.4 million tonnes (mt) of crude oil in April ’24 & total 232.5 million tonnes of imported crude oil in 2023-24 fiscal (Source: April 2024 PPAC Data). Due to a large increase in mobility needs, the transport sector, which currently accounts for about 50% of oil demand (Source: IEA 2021), will be the most significant contributor to this. The higher fossil fuel consumption is also bound to result in larger carbon emissions. Therefore, it is imperative to rapidly shift away from fossil fuels with utmost urgency.
Towards sustainable and greener future, transition to technologies that use cleaner energy such as electrification and alternate fuels (biofuel) is vital. Biofuels play a critical role in ensuring access to affordable and sustainable energy. This provides a big opportunity for India to tackle energy security concerns, boost economic growth and combat climate change by lowering carbon emissions.
India is well endowed with renewable energy, surplus sugar, food grains, and biomass which offers huge opportunities for a transition to a cleaner energy future, which is also indigenous. The abundantly available sugarcane, excess food grains, along with huge biomass waste can be used to produce ethanol that can substitute a significant amount of fossil fuel used by vehicles in the shortest possible time.
Additionally, India has big potential for ethanol production, making it an economically attractive alternative to fossil fuels and paving the way for a greener future, by using plant waste or residues like Parali through 2G technology which is otherwise burnt causing widespread pollution in northern parts of India. This has already started and can help derive economic value from waste & generate greater wealth for the agrarian economy by increasing farmer incomes and create new jobs. Further support such as research and development, favourable policy framework, etc., will enable uninterrupted supply of ethanol for the transportation sector.
Notably, in June 2024, ethanol blending with petrol reached 15.90% and cumulative ethanol blending during November 2023-June 2024 touched 13.0%. E20 is available at ‘14,611’ PSU (public sector undertaking) outlets as of June ’24 and is on track to achieve 20% blending by 2025. The implementation of 20% ethanol blending in petrol by 2025-26 is expected to substitute 86 million barrels of gasoline, thereby leading to forex savings of over Rs. 30,000 crores for India, as well as likely reduction of more than 20 million metric tonnes of carbon emissions. E20 fuel will also reduce PM2.5 emissions by up to 14% as compared to petrol (Source: MoPNG). Given the huge potential of ethanol production that exists up to and beyond E20, these benefits can increase multi-fold with the introduction of Flexi Fuel Vehicle (FFV) technology, that can flexibly use higher ethanol blends from 20% and above, going up to 100%.
However, the challenge with Flex Fuel Vehicles is lower fuel efficiency of Ethanol due to its lower energy density. Globally to counter this challenge, Electrified Flex Fuel Vehicles (FFV-SHEVs) are being introduced, as an advanced green technology that has both the flex fuel engine as well as an electric powertrain. Therefore, as in the case of a Strong Hybrid Electric Vehicle (SHEV), the use of the electric powertrain in combination with the flex fuel engine overcomes this challenge with enhanced fuel efficiency. Towards this, last year, TKM unveiled the prototype of World’s first BS6 Stage II Electrified Flex Fuel Vehicle. This green vehicle technology has the lowest well-to-wheel carbon emissions, and a favourable policy support can establish strong traction with consumers, thereby make the mobility sustainable.
Mr. Vikram Gulati, Country Head and Executive Vice President, Corporate Affairs and Governance, Toyota Kirloskar Motor, said, “Biofuel can reduce dependence on fossil fuels and yield environmental and economic benefits. In this context, Ethanol, as an indigenous and clean energy source, holds immense potential for India’s energy security and environmental goals. By significantly reducing fossil fuel consumption and cutting down on carbon emissions, ethanol not only supports our national agenda of carbon neutrality but also bolsters the agrarian economy by creating jobs and increasing farmer incomes. At TKM, we are making relentless efforts towards the future of sustainable mobility by adopting a multiple technology pathway approach which includes biofuel energy driven vehicle powertrains i.e., Flex Fuel Vehicle (FFV) and Flex Fuel Strong Hybrid Electric Vehicle (FFV-SHEV) technology.
As a frontrunner in electrified vehicle technology and a socially responsible corporate entity, TKM will persistently drive its endeavours and contribute to progressive innovations by disseminating sustainable technological advancements, thereby providing ‘Mobility for All’ and “Leaving No One Behind.”
Further, emphasising the significance of multiple energy pathway approach towards achieving carbon neutrality, today, Toyota Kirloskar Motor (TKM) took part in the SIAM International Conference, themed “The Biofuel Revolution in India: Fuelling Tomorrow” that covered a series of sessions on biofuel demand and supply management, preparing the auto industry for a biofuel future, and developing a robust ecosystem for biofuel adoption. The event witnessed eminent speakers from the government and the industry, as well as participation by global experts.
~Conceptualised, scripted and shot by PAD Play powered by Hotcult, the film has the right mix of gameplay sequences and real-life happenings flavoured with hyper-local nuances~ 9 th August, 2024: PAD Play, a problem-solving company into video production for digital marketing, has been winning appreciation for the Kannada ad film – Winner, Winner Chicken Dinner. The digital film made for BGMI – Battlegrounds Mobile India, explains the game updates in a thrilling and impressive sequence. The film shot across various locations in Karnataka, captures the vibrant spirit of the region while also showcasing the love for the game. With the right mixture of ‘Psych BGMI power’ and real-life experiences, it resonates deeply with the gaming community in Karnataka, where BGMI has a significant following. Commenting on the response to the hyper-local digital film, Srinjoy Das, Associate Director and Lead – Marketing, KRAFTON India said, “With all our campaigns, we strive to connect with gamers across the country, and this time, we aimed to create something special for our gamers in Karnataka. Our journey started with figuring out what genuinely resonates with Kannadigas. This led us to choose Bengaluru as the film’s setting, showcasing its iconic landmarks, and everyday moments locals can relate to. We also crafted a catchy tune in Kannada in collaboration with local artists. Conceptualized and filmed in Karnataka, we wanted to create a fully authentic experience for our BGMI audience in the state. We are thrilled by the positive reception it has received from the community”. The usage of Psych Maga – a popular slang phrase used among Karnataka youths has struck the right chord with the game enthusiasts. The relatable and engaging ad is driving downloads at a fast pace. Elaborating on the making, Vivek Reddy, Co-founder and Chief Creative Officer, PAD Play said, “We are incredibly proud of this hyper-local project and are elated with the response. By understanding and incorporating the local culture, we have created a film that truly speaks the language of the gamers in their own dialect. The film celebrates the enthusiasm of BGMI gamers in Karnataka. The music and characters have added to the hyper-local flavour organically.” BGMI is one of India’s premier gaming platforms with a vast and passionate user base and this digital film has captured the imagination of gaming community in Karnataka. Since the launch, BGMI has retained its immense popularity and expanded its user base, becoming a leader in the Indian gaming industry with its immersive gameplay and engaging community features. Link to the digital film: https://www.instagram.com/reel/C9gq06BJ1BD/?igsh=MWNyanpiOW94Z3doaA== https://www.youtube.com/watch?v=8G_hCUhpSTg
Chennai, 9th August 2024: Turkish Airlines, the airline that flies to more countries than any other, offers its complimentary tour service “Touristanbul”, providing guests a unique opportunity to explore the rich culture and history of Istanbul during their layovers.
Touristanbul is a free guided tour service offered by Turkish Airlines to all international transfer passengers with a layover time of 6-24 hours. During the tours, Indian travellers can visit Istanbul’s most iconic sites and monuments, experience a taste of the city, and enjoy a fabulous view of the legendary Bosphorus. As part of the experience, passengers also have the opportunity to sample traditional Turkish cuisine at the selected restaurants.
Turkish Airlines’ guests can book their Touristanbul adventure at the Hotel Desk in the International Arrivals Terminal or the Touristanbul Desk in the Transfer area showing their Turkish Airlines ticket numbers. Passengers can select one of the six tours according to the time frame best suited to their flight arrival and departure schedule. Upon arrival at Istanbul Airport, passengers are picked up and taken on a guided tour of the city before being dropped off back at the airport for their next flight.
Turkish Airlines, the national flag carrier of Türkiye, aims to enhance the travel experience for passengers by offering them a unique opportunity to enjoy the fascinating city, Istanbul. Through its complimentary tours and award-winning services, Turkish Airlines brings world-famous Turkish hospitality to Indian travelers.
• Samsung to unveil new era of large, AI-powered washing machines, giving a glimpse in to the future of laundry experience Chennai – August 12, 2024: Samsung, India’s largest consumer electronics brand, today teased its upcoming AI-powered laundry specialist designed specifically for the Indian market. With the new launch, Samsung is set to revolutionize the laundry experience of Indian consumers. The new, AI-powered washing machine will seamlessly blend advanced technology into daily routines, promising to transform the way laundry is done by making it easier and more efficient. This launch aligns with Samsung’s vision to redefine convenience and empower consumers to “do less and live more.”
Samsung has a stellar legacy of driving washing machine innovation since 1974 when its first washing machine was introduced. The company launched its first automatic washing machine in 1979, which simplified laundry by combining washing and spinning with a single touch. In 1997, Samsung launched the front-loading washing machine, which minimized fabric damage and enabled high-temperature washing, which set a new standard for garment care.
In 2008, Samsung revolutionized cleaning with the launch of the Ecobubble washing machine, the first washing machine to use bubble technology to ensure powerful cleaning. This innovation was followed by the Activ Dualwash technology in 2014, which enhanced convenience for consumers with its unique wobble technology and built-in sink, making pre-treatment of clothes easier than ever.
Continuing its tradition of innovation, Samsung introduced the FlexWash™ washing machine in 2017, offering unprecedented flexibility with dual washers, designed to cater to diverse laundry needs. By 2021, Samsung had set a new benchmark in smart laundry solutions with the launch of India’s first AI-enabled Ecobubble washing machine, integrating advanced AI technology to redefine the laundry experience for Indian households.
Samsung has always been at the forefront of innovations and in its journey to make a difference, it is ready to unveil the next era of laundry care with its latest washing machine expected to launch at the end of this month.
The 8th edition of the India International Footwear Fair (IIFF) 2024 was inaugurated today by the Honourable Minister of Commerce & Industry Shri Piyush Goyal at Bharat Mandapam, New Delhi. The inauguration was graced by the presence of distinguished guests and government dignitaries, including Mr. Pradeep Singh Kharola, Chairman & Managing director, ITPO, Mr. V. Noushad, National President of CIFI, Mr. Rajat Agarwal, Executive Director, ITPO and Mr. Raj Kumar Gupta, Chairman of the Organizing Committee IIFF 2024. Scheduled from 08 th to 10 th August 2024, this prestigious event is organized by the India Trade Promotion Organisation (ITPO) in collaboration with the Confederation of Indian Footwear Industries (CIFI). This event underscores its growing significance as a premier global footwear industry event. The 8th India International Footwear Fair (IIFF) will feature over 200 global exhibitors presenting a wide range of products, including high-fashion, luxury, sports, and everyday footwear. A key highlight of IIFF 2024 is its focus on sustainability, featuring a dedicated section for eco-friendly products and practices, reflecting the industry’s commitment to environmental responsibility. Adding to the excitement, the second day of the event will feature a fashion show showcasing the latest trends in footwear. The fair will display a diverse array of products, including footwear, machinery and equipment, technology, compounds, raw materials, components, synthetic materials (PVC and PU), chemicals, soles, fabrics, and leather goods. With an expected attendance of over 20,000 business visitors, IIFF 2024 promises to be a significant platform for showcasing offerings and finalizing business deals with both national and international buyers. “Today’s inauguration of the 8th India International Footwear Fair (IIFF) 2024 marks a significant milestone for the global footwear industry. With the Honourable Minister of Commerce & Industry Shri Piyush Goyal leading the ceremony, we are thrilled to showcase the latest in footwear innovation and sustainability. This fair not only highlights our commitment to environmental responsibility but also provides a premier platform for connecting industry leaders and finalizing key business deals. We look forward to welcoming over 20,000 visitors and celebrating the future of footwear,” said Mr. V. Noushad, President of CIFI.
The Made-in-India mid-category excavator cements Kobelco’s position as a ‘True Solution Provider’
Chennai, August 7th, 2024: Kobelco Construction Equipment India Pvt Ltd launched the SK80 Excavator, in Chennai today. The Made-in-India 8-ton category mid-segment excavator was unveiled by Mr. Takemichi Hirakawa, Managing Director, Kobelco Construction Equipment India Pvt Ltd in the presence of channel partners.
The SK80 Excavator boasts of several innovative features like superior technology, advanced hydraulic system, fuel efficiency, operator comfort, durability, maintenance and versatility which set it apart from its competitors and underlines its commitment to sustainability. Coming with a range of attachments, the SK80 Excavator can be easily adapted to perform a variety of tasks – be it digging, lifting or grading.
Sharing more details about the new product, Mr. Takemichi Hirakawa, Managing Director, Kobelco Construction Equipment India Pvt Ltd, said, “The launch of the SK80 Excavator is a significant milestone in the 17-year journey of our company in the Indian CE industry and is a testament to the company’s ongoing commitment to innovation, excellence and to the Make in India drive. We have a long-standing reputation of delivering high-quality excavators that meet the growing demand of the Indian customers. The SK80 Excavator will also address the need for advanced machinery that can handle diverse tasks with ease and efficiency. The cutting-edge technology and robust engineering of SK80 Excavator will be a game changer in the mid-category excavator market.”
Equipped with Yanmar Engine which reflects Japanese technology, the excavator aims to provide best-in-class performance. The eco-friendly engine reduces fuel consumption and emissions, lowers operational costs and minimizes environmental impact. The state-of-the-art hydraulic system ensures smooth and precise operation. This system enhances the machine’s digging and lifting capabilities, making it ideal for a variety of applications. The SK80 excavator has been designed with a spacious and ergonomic cabin with adjustable seating, touchscreen colour monitor and intuitive controls that ensure operators’ well being and comfort. The robust built of the machine make it the preferred choice when working conditions are the toughest. The SK80 Excavator requires minimal maintenance, ensures maximum uptime and productivity.
Kobelco Construction Equipment India Pvt Ltd is a subsidiary of Kobelco Construction Machinery Co., Ltd. (part of Kobe Steel Group), a global leader in the manufacture of construction equipment. Kobelco’s product range includes excavators and cranes – all designed to deliver superior performance and reliability.
About Kobelco Construction Equipment India Pvt Ltd
Trained at Raman TT High Performance Centre and Smasher Sports Academy, players put up best-in-
class performance
Chennai, August 2 nd , 2024: Hatsun Agro Products Ltd, one of India’s leading dairy companies, is also known for supporting sports activities. Two sports academies – Raman TT High Performance Centre and Smasher Sports Academy – sponsored by Hatsun have trained players, who have won laurels at international table tennis and national squash championships. For the WTT Youth contender held in Amman, Jorden from July 22 to July 25, 2024, Hatsun sponsored M R Balamurugan, Priyanuj Bhattacharyya, Divyaj Rajkhowa Roy and Kavya Bhatt. Kavya Bhatt won the bronze medal in the U19 girls single. Priyanuj Bhattacharyya and Kavya Bhatt won gold medal in the mixed doubles Under-19 event. M R Balamurugan won bronze medal in the Under -19 singles. Suresh Raj Preyesh and Avani Tripathi won silver medal in the mixed doubles Under-19 tournament. Deepa Debiram, the U-13 Girls in Squash from Smasher Sports Academy, She won the championship in the Matunga Gymkhana Junior Squash Open which was held in Mumbai 2024 from July 26 th to 30 th , 2024.
Chennai – July 31, 2024: Samsung today announced that it is requesting fans to come forward and send their good wishes for Neeraj Chopra through the ‘India Cheers for Neeraj’ campaign. With the campaign, Samsung India’s aim is to support and empower Neeraj to strive for excellence and push beyond boundaries.
To channelize consumer enthusiasm and amplify the collective cheer of the nation, Samsung India has unveiled a film to bolster support for Neeraj Chopra. Embodying the spirit of resilience and determination of the ace athlete as he fights through multiple challenges, this film highlights how Samsung’s recently-launched Galaxy Z Fold6 smartphone aids his journey. Galaxy Z Fold6 pushes the bar with its powerful Galaxy AI technology, offering unparalleled experiences to consumers. Powered by Galaxy AI, the Galaxy Z Fold6 comes with AI features such as Interpreter and Note Assist, allowing users to communicate more effectively, enhancing their productivity and changing the way they work and live. “Samsung believes in empowering individuals to push beyond their limits and achieve greatness. We are putting our might behind Neeraj Chopra, who embodies excellence and limitless possibilities, values that are deeply respected at Samsung. With the ‘India Cheers for Neeraj’ campaign, we aim to harness the collective energy of the nation and ‘Unfold the Best’ in cheering for Neeraj,” said Aditya Babbar, Vice President, MX Business, Samsung India. Apart from receiving the all-new Galaxy Z Fold6, Neeraj Chopra would also receive the Special Edition Galaxy Z Flip6 and a personalized Flipsuit case. “I am grateful to Samsung India for their unwavering support and the motivation provided through the ‘India Cheers Neeraj’ campaign. The encouragement and well wishes from fans are invaluable and fuel my determination to succeed. With each challenge that I overcome; I’m drawn closer to my targets and unfolding this journey with me is the all-new Galaxy Z Fold6. This remarkable device with its cutting-edge Galaxy AI features empowers me to perform at my best. The mantra of ‘GalaxyFoldIsGold’ embodies my drive to push beyond boundaries,” said Neeraj Chopra. Neeraj Chopra is now also a part of Samsung’s exclusive ‘Team Samsung Galaxy’. Users and fans can send their wishes to Neeraj Chopra – the man with the golden arm – by visiting Samsung India’s website on: Cheer for Neeraj Chopra Send a wish | Samsung India. Believing that every wish can make a difference, Samsung India is facilitating users to send their wishes on WhatsApp by messaging “NEERAJ” to 9870-494949. Additionally, they can drop a comment on Samsung’s social media channels by tagging the brand @SamsungIndia. Samsung encourages its consumers to join the conversation with the hashtags: #IndiaCheersNeeraj, #GalaxyFoldIsGold, #GalaxyZFold6, #GalaxyAI, and #Samsung.
Chennai, 31th July, 2024– MAI Labs, a global pioneer in deep tech innovation renowned for its advancements in immersive and regulatory technologies, today unveils its latest groundbreaking initiative: STOEX – S.M.A.R.T Token Exchange. STOEX represents a paradigm shift in the world of asset trading as a regulated, tokenized real-world asset exchange, powered by the Kalp digital public infrastructure, a sophisticated permissioned cross-chain ecosystem.
With projections indicating the tokenized asset market could surge to a staggering $29 trillion by 2030, there is an immense opportunity to harness this potential through blockchain technology. Recognizing the unprecedented possibilities in the Real-World Asset (RWA) segment, MAI Labs developed STOEX to unlock investment opportunities in diverse assets such as real estate, financial assets, commodities, and precious metals.
STOEX aims to create an inclusive financial ecosystem by fostering trust, enhancing market liquidity, and promoting sustainable economic growth. This platform is poised to serve as a catalyst for economic expansion in industries dealing with these niche asset classes. By democratizing access to traditionally illiquid investments, STOEX aims to redefine the landscape of global finance, by offering new avenues for portfolio diversification and wealth creation.
Speaking on the launch, Tapan Sangal, Founder of MAI Labs said, “STOEX is set to redefine the landscape of real-world asset exchanges. Our vision is to democratize investment in premium real-world assets by leveraging tokenization. This groundbreaking approach not only fractionalizes ownership but also empowers investors with unprecedented decision-making capabilities. By dismantling traditional barriers such as high entry costs and illiquidity, STOEX opens up prestigious real world asset classes to a broader investor base. Our platform sets a new benchmark for investor protection, governance, and transparency, aligning with global regulatory frameworks to ensure trust and compliance. “
STOEX operates within a robust regulatory framework, leveraging a carefully curated ecosystem of strategic partnerships. This network encompasses third-party banking services, approved trustees, verified escrow agents, and specialized agencies for comprehensive technical, legal, and financial due diligence. The platform has also aligned with authorized brokers, globally recognized rating and valuation agencies, and expert investment bankers to ensure the highest standards of integrity and professionalism.
“The Direct Control DAO feature embedded in our platform epitomizes our commitment to investor empowerment, enabling token holders to actively participate in asset management decisions through a secure, blockchain-based voting system. This fusion of cutting-edge technology with legal engineering creates a robust ecosystem that respects asset ownership rights while fostering innovation. We’re creating a future where transparency, accessibility, and active participation converge, driving economic inclusivity and transforming the financial sector. With STOEX, we’re not just changing how people invest in real-world; we’re revolutionizing the relationship between investors and their assets”, Tapan further added.
As a cutting-edge exchange, STOEX redefines accessibility and efficiency in real-world asset investment. It offers unparalleled liquidity with minimal entry barriers, 24/7 operations, and real-time settlement capabilities. The advanced order book management system, coupled with a global reach, delivers a seamless user experience. Importantly, STOEX utilizes fiat currency as the medium of exchange, renouncing cryptocurrencies to maintain stability and regulatory compliance.
Underpinning this ecosystem is the Kalp Distributed Ledger Technology (DLT), which enhances transparency and efficiency while ensuring bank-grade security for all transactions and data. This unique combination of regulatory compliance, strategic partnerships, and innovative technology positions STOEX at the forefront of the tokenized real-world asset revolution, setting new standards for investor protection, market integrity, and financial inclusion in the digital asset space.
Kapil Dev, Chief Business Officer, STOEX, said, “Over the last several years, the idea of potential liquidity for the real-world assets has been a big challenge. STOEX’s innovative ecosystem will empower investors to maximize the value of their tokenized assets. At the same time, STOEX, being permissioned blockchain, offers the opportunity to retail investors to get exposure to diverse asset classes at a low transaction cost and real-time settlement for the investors. Together, we aim to reshape the investment landscape and unlock new possibilities for industry players.”
STOEX marks a significant milestone in MAI Labs’ mission to bridge the digital and physical worlds. By leveraging digital identities and fiat transactions, it creates a seamless gateway for accessing tokenized real-world assets in the digital realm.
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