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Finance Minister and Minister of State for Electronics & IT Unveil the next chapter of India’s Technological transformation at DATE 2023

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With India poised to enter a new era in its digital transformation aspiration, the inaugural Digital Acceleration and Transformation Expo (DATE)  held at the recently inaugurated Yashobhoomi (IICC Dwarka) on 23rd-24th November 2023 opened the doors for global tech leaders, innovators, and entrepreneurs to take stock of India’s vision to become a global centre of innovation.  

New Delhi, 27 November 2023: India’s newest & already being celebrated as the most impactful Digital Acceleration and Transformation Expo (DATE) was inaugurated by the Honourable Finance Minister Smt. Nirmala Sitharaman, and joined by Honourable MP Shri Tejasvi Surya, Shri Yaduveer Krishnadatta Chamaraja Wadiyar, Maharaja of Mysore & Chairman of Cyberverse Foundation, a strategic partner of DATE, Maharaj Saheb Mandhatasinh Jadeja of Rajkot and Trescon’s Founder & Chairman Mr. Mohammed Saleem, Vice Chairman Mr. Mithun Shetty and Group CEO Mr. Naveen Bharadwaj.

Smt. Sitharaman spoke on various topics like financial inclusion, fintech opportunities, data aggregation, and cyber safety, and noted “DATE stands as the need of the hour, offering Indian youth a vital platform for information, networking, and talent showcasing. The organizers’ understanding and collaboration with diverse partners have brought this expo to Delhi, ensuring two impactful days for those keen in this field. This event, a testament to India’s lead in nurturing young talent, beckons passionate individuals to benefit from its extensive networking opportunities.”.

Honourable Minister of State for Electronics and Information Technology, Shri Rajeev Chandrasekhar, spoke about the expectations for India’s tech ecosystem and how in a short span of time the country has seen itself become the fastest-growing digital economy. Speaking about AI and noting it as one of the three biggest inventions in recent time, Shri Chandrasekhar said ”While we envision AI to become a kinetic enabler and accelerant for our digital economy and innovation economy, safety and trust in these platforms remain paramount.”

Celebrating the success of DATE, Mr. Saleem said, “DATE Is Trescon’s commitment to host a global standard event that truly fosters a secure and inclusive digital environment in India. With 8,000+ registrations from across India including Government Officials, Founders, CEOs, CIOs and Investors, Tech leaders and startup Founders, and 100+ exhibitors & partners showcasing innovation across various domains like artificial intelligence, blockchain, cybersecurity, drones, data analytics, digital marketing, electric mobility, gaming, fintech, generative ai, hyper computing, IoT, metaverse, robotics, web3 and quantum computing, DATE’s outcome has been unprecedented and a talk of the nation”.

With 3 dynamic conference stages featuring 100+ speakers in thought-provoking panel discussions, tech talks, keynote presentations and engaging fireside chats, DATE’s inaugural edition’s success echoes a fervent demand for transformative technology.

A noteworthy session was the fireside chat on ‘Digital India: Accelerating Economic Growth and Sustainability’ between Shri Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister (EAC-PM), Government of India, and Ranganath M.D., Chairman, Catamaran Ventures. During their captivating conversations, they provided great insights into what can be expected with India Stack 2.0, the different approaches of AI regulations, alternative energy and more.

A deviation from the controlled and scripted norm, the fireside chat on ‘Confessions of a Startup Founder’ between Swati Bhargava, Co-Founder, of CashKaro and EarnKaro, and Reshma Budhia, Director and co-founder, of Toss The Coin presented candid insights into the challenges and triumphs of their entrepreneurial journey providing valuable lessons, inspiring innovation and resilience in the startup sphere.

On social impact & innovation, Mr Bharadwaj said “At DATE, in addition to sparking transformative business discussions, social impact, youth empowerment & real investments were prioritized as we launched the Women in Media Council (a consortium for global female media professionals to collaborate); Smart 1,000 (a partnership initiative between Trescon Foundation & Yuva Unstoppable to transform 1,000 schools in rural areas of India); Cyber Safe Girl (a security awareness book in its 6th version by Dr. Ananth Prabhu); Future of Tech (a book authored by a 14 year child prodigy Karthik Jakhar) and more. Regional pitch competitions for the prestigious Fintech World Cup (finals during Dubai Fintech Summit 2024) & Startup World Cup (finals in San Francisco) were held. Multiple startups received investment commitments and 2 were publicly disclosed.”

Highlighting the impact of DATE, Shri Wadiyar said, “We extend our gratitude & sincere appreciation to Honourable Finance Minister, Smt. Nirmala Sitharaman, and Honourable Minister of State, Electronics and Information Technology, Shri Rajeev Chandrasekhar for gracing DATE with their presence and invaluable insights. We thank Trescon for launching such an impactful, inspiring and fun event in India. The success of the launch edition makes the industry even more eager for the next edition of DATE India which is expected to be held in September 2024”.

With robots on stage, attendees experience capture boards, cosplay competition and a live gaming competition featuring India’s most prominent international gamer Mavi and many such onsite activations, DATE gave attendees a fresh breath of air and truly stood out compared to regular run-of-the-mill tech events.

Anticipation surges for what is in store for the next edition of DATE.

For more details, visit: www.datewithtech.com

DATE India is supported by:

  • Supporting Partners: STPI and FICCI
  • Innovation Partner: DIFC Innovation Hub
  • Entrepreneurship Partner: TiE Delhi-NCR
  • Woman Empowerment Partner: WICCI
  • MSME Development Partner: MSME Promotion Council
  • Strategic Fintech Partner: MENA Fintech Association
  • Energy Neutrality Partner:  Tokere
  • Association Partners: Federation of All India IT Association, Data Security Council of India, Federation of IT Associations of Gujarati, Goa Technology Association, Gujarat Electronics and Software Industries Association, ACIC Rise Association, Fintech Association of Japan, International Federation of Investors’ Association, Hashtagweb3.org, The London Institute of Banking and Finance, India Small Businesses & Franchise Association
  • Ecosystem Partner: IVCA Association
  • Official Media Partner: Press Trust of India
  • Official Print Media Partner: Business Standard
  • Online News Partner: Business Wire India
  • Official Digital News Partner: TV9 Network

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: www.tresconglobal.com.

 

For further details about the announcement, please contact:

Nupur Aswani

Head – Media, PR and Corporate Communications, Trescon

+91 95559 15156 | [email protected]



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Toncoin And SUI Post Exciting Gains While NuggetRush Receives Investors From Top Crypto Communities

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TLDR

  • Toncoin (TON) surged explosively from $3.32 to $5.02 within a week, defying the market drop. This surge broke previous resistance levels, making it a favorable investment. The introduction of The Open League contributed to the bullish momentum.
  • Sui (SUI) is a top altcoin with a thriving ecosystem, attracting developers and users, leading to a record $700 million total value locked (TVL). Despite recent market fluctuations, SUI has remained bullish, staying above key moving averages.
  • NuggetRush (NUGX) unleashed a new era for cryptocurrencies by offering tangible use cases through a play-to-earn (P2E) game model. Participants earn income by building a mining empire, participating in in-game activities, and selling collectibles.

Toncoin (TON) has experienced an impressive resurgence, defying market trends with a notable price increase. Elsewhere, Sui (SUI) features an advanced ecosystem that has attracted hundreds of developers and thousands of users. Yet, NuggetRush (NUGX) is a game-changer in the crypto space with its innovative play-to-earn (P2E) model. Here are the reasons Toncoin and Sui’s investors are turning to NuggetRush for lucrative investment opportunities.

>>Buy NuggetRush Now<<

 

Toncoin (TON) Surges: Defying Market Drop and Targets New Highs

With a price gain from $3.32 to $5.02 in just a week, Toncoin (TON) showed a strong rebound, defying the current market drop. Apart from extending the recovery, the 40% surge enabled Toncoin (TON) to break above the previous resistance at $4.58, providing the buyers with another reason to keep holding.

After it retraced 50% to trade at $3.32, Toncoin (TON) resumed its recovery trajectory. Several factors are believed to have an impact on Toncoin’s (TON) price. A large active community incentive program, The Open League, was introduced recently, and it caused a bullish spike for the token.

Starting in April 2024, the program will reward competitive projects and users in the TON network with 30 million Toncoin, valued at nearly $115 million. With such developments, Toncoin (TON) ranks among the best altcoins to buy today.

On March 25, 2024, Toncoin (TON) was trading at $5.03, up 27.75% in the past week. Analysts say Toncoin (TON) will set a new all-time high above $5.25 by the end of March, powered by increased demand for the token.

 

Sui (SUI) Emerges as a Top Altcoin: Growth Trajectory and Price Targets

Sui (SUI) has transformed to become one of the top altcoins in the market. Notably, Sui’s blockchain has attracted hundreds of developers and thousands of users. As a result, the total value locked (TVL) in Sui’s ecosystem has spiked to reach a record $700 million.

Since the beginning of 2024, Sui has been in a strong bullish trend. The token has gained in the recent week, remaining relatively stable in the recent bearish crypto market. SUI has remained above the 50-day and 100-day Exponential Moving Averages. Nonetheless, SUI needs to break the resistance at $1.97 to open the way for a surge toward $2.50.

Coupled with the many developments since May 2023, SUI has been on an upside trajectory in the long term. On March 25, 2024, SUI was valued at $1.69, up 3.66% in the past week. Experts believe SUI will hit $1.77 by the end of March, powered by growing demand for the token.

 

NuggetRush (NUGX): Transforms Crypto with P2E Gaming and Social Impact

In the past, cryptos have lacked defined utilities and have always been highly volatile. Nevertheless, everything changed with the entry of NuggetRush (NUGX). Resembling most of the top play-to-earn (P2E) games, NuggetRush (NUGX) lets participants earn an income using enjoyable in-game activities.

Interestingly, NuggetRush (NUGX) features the building of a mining empire using site discovery and teamwork. Gamers set up mining facilities, trade most available in-game items, collect rare and cool NFTs and set up expert teams to achieve “master miner” status. This prestigious status lets them amass considerable wealth through their mining empire.

Furthermore, NuggetRush (NUGX) offers many income streams via in-game operations. In that context, gamers earn rewards from battles, quests, ranked play, and tournaments. Moreover, they can sell in-game collectibles on NuggetRush’s marketplace.

Remarkably, the platform supports artisanal mining communities in remote and underdeveloped countries. All these utilities make NuggetRush (NUGX) a great crypto to buy.

NuggetRush’s governance design gives the Rush Guild members access to various areas and the power to vote on decisions linked to NUGX’s ecosystem.

Currently, NuggetRush’s blockchain ICO is in the Launchpad round, with each NUGX token trading at $0.019. Furthermore, the project has sold over 248 million NUGX tokens and raised over $3.3 million. Analysts say NUGX will surge significantly after listing on mainstream exchanges. Hence, it is a top crypto to buy now. 

Visit NuggetRush Presale Website  



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Bitcoin’s Best Days Are Still Ahead, This AI Altcoin Could Outperform Render by the End of the Year

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With only a month remaining until the Bitcoin (BTC) halving, BTC value has retraced despite recent capital influxes pushing the price to a new all-time high earlier this month. Even so, several prominent crypto figures are largely bullish, projecting that Bitcoin’s better days are ahead and that BTC will still climb higher, surpassing its recent high. Meanwhile, an AI altcoin, InQubeta (QUBE), is causing a stir in the crypto market with its unique proposition.

Given its bullish momentum, investors are flocking to its platform, and InQubeta could outperform Render (RNDR) before the year ends. As a platform that allows fractional investment in AI startups, InQubeta has gained the spotlight as one of the best altcoins to buy this year. The presale has seen significant results, raising over $12.4 million in funding.

Let’s explore how InQubeta could outperform Render before the year ends amidst Bitcoin having better days ahead.

 

InQubeta (QUBE): Governance Token Structure Attracts Investors 

InQubeta, with its innovative approach as the first crypto crowdfunding platform, could outshine competitors like Render by the end of the year. This new DeFi crypto is transforming the crypto AI market by facilitating fractional investments in AI startups through QUBE tokens. The platform aims to transform AI startups’ fundraising and community engagement landscape.

Built on the Ethereum blockchain, QUBE distinguishes itself as the best DeFi crypto with its deflationary token mode. This approach offers crypto investors a unique avenue for portfolio diversification. The tokenomics model positions QUBE holders to earn rewards via token staking, featuring a 2% buy and sell tax directed towards a burn wallet and a 5% buy and sell tax allocated to a dedicated reward pool. This new DeFi crypto structure attracts investors who are bullish on the growth prospects of AI technology startups.

InQubeta designed its QUBE token as a governance token, boosting its potential to surpass Render in the market. This feature makes it the best DeFi crypto and grants holders the authority to engage actively in decision-making processes crucial to the platform. The QUBE governance structure empowers token holders to propose, discuss, and vote on various aspects shaping the platform’s development, ensuring a democratic and community-driven approach.

 

 

Bitcoin (BTC): Samson Mow Remains Optimistic On The Token Value 

Bitcoin has experienced notable price appreciation this year. Starting the year at $42,208 on January 1st, it surged to a new record of $73,737 on March 14th. It has yet to maintain this high as the 30-day countdown progresses. Samson Mow, a long-time predictor of significant price increases, remains optimistic that BTC will soon exceed its previous all-time high.

On the X platform, Ran Neuner advised his followers that a 20–30% decline for BTC “would be entirely typical and beneficial” in a bull market. Even if the decline persists, industry experts suggest that the overall trajectory for the primary cryptocurrency is likely upward. Also, with the United States Federal Reserve contemplating interest rate reductions, analysts anticipate favorable prospects for Bitcoin in the days to come.

 

Render (RNDR): Increase In Whale Activity Boosts Its Market Sentiment 

The Render token has been experiencing upward momentum recently. On-chain reports from Lookonchain indicate notable involvement from major investors, known as whales, in the RNDR market. Three prominent whales have pooled together to deposit 2.5 million RNDR tokens onto centralized exchanges (CEX) in pursuit of profit-taking. 

This deposit is equivalent to $30.8 million. This substantial influx of tokens from these influential investors highlights the increased trading activity surrounding RNDR. It suggests a deliberate strategy to leverage the prevailing bullish sentiment in the market. Despite the positive outlook, InQubeta is set to outshine Render in the market.

 

Conclusion

Despite Bitcoin’s price fluctuation, analysts are predicting better days. InQubeta is trending in the market due to its approach of connecting AI startups with potential investors. As one of the best altcoins, InQubeta is seeing impressive results on its presale. You can be part of the QUBE project by buying the token via the website. Just visit the site and follow the detailed instructions on purchasing the token.

 

Visit InQubeta Presale 

Join The InQubeta Communities



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SWIFT To Launch CBDCs Platform in 2025-26

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SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies (CBDCs) in the next one to two years, according to the firm’s head of innovation, Nick Kerigan.

Central banks around the world are tinkering with their own CBDCs and the race for who will launch a digital currency has a geopolitical component to it.

China has a digital yuan in the works and has been trialing the currency for many years. The Bahamas, Nigeria and Jamaica already have CBDCs. 

Sweden’s Riksbank recently released its final report on its CBDC, the e-Krona, and the European Central Bank is developing the digital Euro too.

SWIFT’s Trials and Roadmap to Launch New Platform

“We are looking at a roadmap to productize (launch as a product) in the next 12-24 months,” Kerigan told the newswire in an interview. 

See Also: US Sanctioned 13 Crypto Firms For Alleged Involvement With Russian Banks

“It’s moving out of the experimental stage towards something that is becoming a reality,” added Kerigan.

Kerigan explained in SWIFT’s latest platform trial it took six months and involved a 38-member group of central banks, commercial banks and settlement platforms, all collaborating on national digital currencies.

The trial was focused on making sure that all the different countries’ CBDCs can all be used together even if built on different underlying technologies and this in turn would reduce payment system fragmentation risks.

The timeframe set out by SWIFT could change if CBDC launches around the world are delayed but for now the global payments firm is developing a new platform.

Bank of International Settlements CBDC Plans

In January the Bank of International Settlements (BIS) unveiled that its CBDC project is entering a new phase this year. 

The BIS’s ‘Aurum’ project is exploring “the privacy of payments in retail CBDCs.” — BIS said this is one of the first six projects for 2024 being developed under its Innovation Hub work programme.

See Also: ‘Binance Is Not Paying Its Taxes In Multiple Jurisdictions,’ – CNBC Reporter

The BIS is also working on Project mBridge, a multi-CBDC common platform for wholesale cross-border payments. 

In September, BIS and central banks of France, Singapore, and Switzerland announced a successful testing of cross-border settlement for wholesale-CBDCs. 

Project Mariana, tested and demonstrated the frictionless transfer of CBDCs across the different networks.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN

 



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