Business
SUMMER WEB3FEST 2024: A Resounding Success and a Glimpse into the Future
SWITZERLAND / Businessnewsrelease.com / June 20, 2024 / The Swiss WEB3FEST 2024 has concluded with outstanding success, setting new benchmarks in the world of blockchain and WEB3 innovation. From June 5-13, 2024, the event brought together an impressive 4500 attendees, 200 speakers, and 50 exhibitors across 28 events.
Some highlights of the festival was the participation of Edward Snowden and the Crypto Valley Visionaries list, honoring the pioneers and innovators of the blockchain space.
This year’s festival was embedded around the pivotal Crypto Valley Conference in Switzerland, combining several ecosystems and welcoming both national and international guests and speakers from all over the world.
Event Highlights:
One of the major highlights of the Swiss WEB3FEST 2024 was the fireside chat with Edward Snowden and Brittany Kaiser at SHED Zug. Snowden, the world-famous whistleblower, joined via video link for a 2-hour discussion on Friday and a 30-minute keynote at the Unconference on Saturday.
He discussed data sovereignty, digital privacy, and the role of blockchain in decentralizing power and enhancing privacy. Snowden emphasized, “Not individuals, but large tech companies and state authorities now possess the right to privacy,” highlighting the critical need for blockchain technology in protecting digital rights.
This session offered unique insights from two leading figures in the realm of digital security.
Additionally, the Unconference, held at the FIVE Hotel in Zurich, was another standout with six different areas, each with its own stage,agenda and presenting projects. This dynamic setup fostered in-depth discussions and hands-on experiences across AI, NFTs, the metaverse, gaming, finance, tokenization, and more on the Web3 space.
Lastly, the Sustainability Day, co-hosted by DFINITY, was another impactful day in which industry leaders showcased their initiatives towards a greener future.. This event underscored the importance of green blockchain initiatives and sustainable corporate practices, emphasizing the positive impact of blockchain technology on the environment.
Recap of Key Sessions:
Investor Brunch: Partnered by Animoca Brands, VNTR and Outlier Ventures, this event set the stage for impactful discussions on investment and innovation in the WEB3 space.
Protocol Roundtable: An exclusive luncheon for layer-1 blockchain leaders, fostering collaboration and networking.
Future of Protocols Sessions: Engaging keynotes and panels featuring industry leaders like Mihai Alisie (Akasha), Dominic Williams (DFINITY), and Lily Liu (Solana Foundation).
Corporate Innovation Day: A summit focusing on blockchain’s transformative effects on finance, impact, and consumer engagement, held at Decentral House in Geneva.
Looking Ahead:
The success of the third edition of the Swiss WEB3FEST sets the stage for future editions around the globe. We are excited to announce the UAE WEB3FEST, scheduled for October 2024, and the second Swiss WEB3FEST Winter Edition in January 2025.
The upcoming events will continue to drive innovation, collaboration, and growth in the global WEB3 ecosystem, while demonstrating their impact and contribution to attendees.
Join the next editions and contribute to reshape the future of WEB3.
Whether you are a tech veteran or a curious newcomer, there is something for everyone at the WEB3FEST.
For more information on tickets, participation, or sponsorship opportunities, please visit www.web3fest.ch
VIDEO AND IMAGES
Some example material from our event-series, reach out to us if you have specific needs.
Recap Video Snowden & Brittany Fireside Chat
About WEB3FEST
WEB3FEST is a biannual series of events designed to showcase the core themes of WEB3, shaping the future of the internet’s next generation. It covers a comprehensive range of topics such as AI, blockchain, digital assets, cryptocurrencies, gaming, sustainability, IoT, metaverse, NFTs, and more. The festival offers a platform to foster innovation, advance networking, and engage with the latest technological advancements, making it a must-attend event in the global tech calendar.
About Crypto Valley
Located in Switzerland and Liechtenstein, Crypto Valley is one of the world’s leading ecosystems for blockchain and cryptographic technologies. It is a thriving hub of innovation and collaboration, attracting entrepreneurs, tech enthusiasts, and global leaders looking to reshape industries and revolutionize business practices.
About Crypto Oasis
The Crypto Oasis is the largest WEB3 ecosystem in the world focused on the Middle East and Africa region and is supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 2,040 blockchain-related organisations in the UAE alone.
Swiss NFT Association
The Swiss NFT Association is the go-to educational hub for NFT expertise and thought leadership. The Association serves as a knowledge space; it is the primary resource for all matters concerning NFTs, actively curating quality content and building a thriving community.
Contact Details
Inacta Ventures Press Office
Pascal Arnold
[email protected]
SOURCE: WEB3FEST
SOURCE: Investment Gateway
Read more : 40 Stories of Successful C-Suite Executives Now Available for Pre-Order
Business
Business News Release: Your Best Option for Publication on Forbes Media
Looking to publish on Forbes Media? Discover why BusinessNewsRelease.com is the best choice for high-quality Forbes leadership articles and brand exposure
BusinessNewsRelease.com: Your Best Option for Publication on Forbes Media
In the fast-paced world of digital media, getting published on esteemed platforms like Forbes Media can offer significant visibility and credibility. As a trusted source of industry-leading news and insights, Forbes holds a strong reputation in categories like leadership, entrepreneurship, innovation, and more.
One of the most effective ways to achieve a coveted spot on Forbes Media is through Business News Release, a specialized platform known for its efficient and reliable publication process.
Why Choose BusinessNewsRelease.com for Forbes Media Publication?
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Business
GPTBank Telegram Mini Program Launch Imminent: A New Era of Intelligent Finance Begins
Overview: On October 10, 2024, the GPTBank Telegram mini program is set to make a grand debut. At the intersection of finance and technologythe launch of the GPTBank Telegram mini program signifies not just the birth of an application but also marks the entry of the global financial system into a new era driven by artificial intelligence and blockchain technology.
GPTBank, an innovative project initiated by a collaboration between Bank of America Mellon, Two Sigma, and key technical members of Renaissance, leading global quantitative institutions, is paving the way into this new financial era.
GPTBank’s Core: A Team of Global Elites
The GPTBank team represents a “super alliance” in the fields of finance and technology. It brings together seasoned executives and strategists from Bank of America Mellon, AI research pioneers from Google, OpenAI, and TradingView, as well as authorities in finance and computer science from top institutions like MIT and Stanford. The team is further strengthened by data scientists, quantitative engineers, and risk researchers from Two Sigma and Renaissance. This cross-disciplinary, international elite team ensures GPTBank’s leadership in technological innovation, financial insight, data modeling, and academic research.
GPTBank’s Core: Global Crypto Financial Operating System (GCOS)
GCOS, or Global Crypto Operating System, is an open, decentralized financial infrastructure based on AI and blockchain technology, currently accessible only to banks. It seamlessly connects global financial institutions, businesses, and individuals, enabling instant, low-cost capital flows. Through smart contracts and AI-driven risk management, GCOS automates complex financial transactions such as cross-border loans and derivative trades, offering unprecedented convenience and security for global financial transactions.
GPTBank’s Core: High-Frequency Quantitative Finance G7
The G7 system, or G7 High-Frequency Trading System, developed by GPTBank, integrates ChatGPT computing and deep learning technologies. Updated to its seventh generation, the G7 system can perform complex financial model calculations, predict market trends, and simulate the spot and contract trends of the cryptocurrency market. Beyond predicting market movements, it can also simulate market trends for the next 2-4 months. As of August 2024, G7 has achieved lossless arbitrage on Binance and Coinbase for 27 consecutive months, setting a record with a platform-wide monthly profit of up to 127%.
GPTBank’s Core: Global Pioneer in 10% Profit Model
GPTBank’s revenue model includes API service fees, customized service fees, and G7 trading revenue fees. To promote the adoption of the G7 system, GPTBank redistributes 90% of its profits to G7 system investors, retaining only 10% for ongoing platform operations and technological innovation. This model encourages more users to join the G7 system, accelerating the innovation of the global financial system. The more users there are, the greater the potential earnings for each individual, creating a positive cycle. Through this mechanism, GPTBank has the potential to become the world’s largest wealth redistribution platform, creating new sources of income for billions.
GPTBank’s Upcoming Mini Program: Rich in Details, Upgraded Experience
The interface design of the GPTBank Telegram mini program is clean and intuitive, allowing users to easily manage their assets and transactions. With real-time market data analysis and predictions, GPTBank offers personalized investment advice, aiding users in making smarter decisions. Security is also a highlight, featuring multi-layer encryption and risk control algorithms to safeguard user funds and information. The mini program supports multiple languages, serving users globally and providing high-quality financial services regardless of location. Additionally, GPTBank plans to launch a series of educational and interactive financial tools to help users better understand market dynamics and investment strategies.
With the official launch of the GPTBank Telegram mini program, we are approaching a smarter, more efficient, and inclusive financial future. This is not just a technological leap but also a revolution in financial philosophy. GPTBank stands at the forefront of financial technology, bringing a new financial ecosystem to global users. It is reported that subsequent launches of the GPTBank H5 page and GPTBank App will follow suit at appropriate times.
Official Website: gptbankai.com
Official X: https://x.com/GPTBank_
Business
The United States News Media: How It Works and Its Role in Society
The United States news media plays a crucial role in shaping public opinion, providing information, and holding governments and institutions accountable. The media landscape in the United States is vast, including print, broadcast, and digital platforms.
FLORENCE, FI, ITALY, September 28, 2024 news by Business News Release
With a history of more than 200 years, the news media has evolved significantly, from newspapers and radio to television and now, digital and social media.
In this article, we’ll explore how the U.S. news media works, its key players, and the challenges it faces today.
Types of United States News Media
There are several different types of news media in the United States, each with its own audience, style, and focus. These include:
- Print Media:
- Newspapers: Traditional newspapers like The New York Times (www.nytimes.com)—notable journalists include Thomas Friedman and Maureen Dowd—The Washington Post (www.washingtonpost.com), with prominent journalists like Bob Woodward and Dana Milbank, and The Wall Street Journal (www.wsj.com)—notable journalists include Gerard Baker and Jason Zweig—are still important sources for in-depth investigative reporting and editorial content. Though print sales have declined, these outlets have made significant moves online.
- Magazines: Publications like Time (www.time.com), where you can find journalists like Maya Rhodan and Charlotte Alter, and The Atlantic (www.theatlantic.com), with notable writers like Jeffrey Goldberg and Anne Applebaum, provide detailed analysis and feature stories, often focusing on political, cultural, and social issues.
- Broadcast Media:
- Television News: Major U.S. television networks such as ABC (abcnews.go.com), NBC (www.nbcnews.com), and CBS (www.cbsnews.com) offer daily news programs, reaching millions of viewers. Meanwhile, 24-hour news channels like CNN (www.cnn.com),
where journalists like Anderson Cooper and Christiane Amanpour work, Fox News (www.foxnews.com), with notable personalities like Tucker Carlson and Laura Ingraham, and MSNBC (www.msnbc.com), featuring journalists like Rachel Maddow and Joy Reid, dominate the cable news scene, providing continuous coverage of breaking news and political analysis. - Radio News: News and talk radio remain popular, with stations like NPR (www.npr.org), featuring journalists like Terry Gross and Ari Shapiro, offering programs that cover news, analysis, and interviews, often with a focus on in-depth reporting and cultural topics.
- Television News: Major U.S. television networks such as ABC (abcnews.go.com), NBC (www.nbcnews.com), and CBS (www.cbsnews.com) offer daily news programs, reaching millions of viewers. Meanwhile, 24-hour news channels like CNN (www.cnn.com),
- Digital and Online Media:
- Online News Websites: Many traditional news outlets have adapted to the digital age by creating robust online platforms. Major newspapers like The New York Times and The Washington Post have extensive online presences, while purely digital outlets like HuffPost (www.huffpost.com),
where you can find journalists like Jessica Goodman, Vox (www.vox.com), with writers like Emily Stewart, and BuzzFeed News (www.buzzfeednews.com), featuring journalists like Ben Smith, target younger, tech-savvy readers. - Social Media Platforms: Platforms like Twitter, Facebook, and Instagram have changed how people consume news, allowing for real-time updates and the ability to follow news outlets, politicians, and journalists directly. Social media has also become a space for debate, opinion, and the spread of both legitimate news and misinformation.
- Online News Websites: Many traditional news outlets have adapted to the digital age by creating robust online platforms. Major newspapers like The New York Times and The Washington Post have extensive online presences, while purely digital outlets like HuffPost (www.huffpost.com),
How the U.S. News Media Works
The operation of the U.S. news media involves several key processes, from news gathering to production and distribution. Here’s a breakdown of how it functions:
- Newsrooms:
- Newsrooms are the operational centers of media organizations. This is where reporters, editors, photographers, and producers work to gather news, verify facts, and create stories. Larger outlets like CNN or The New York Times have vast teams that cover different topics, known as “beats,” ranging from politics and economics to sports and entertainment.
- Corporate Ownership:
- A significant portion of U.S. news outlets is owned by large media corporations. For example, Fox News is part of the Fox Corporation, while CNN is owned by Warner Bros. Discovery. Corporate ownership has been criticized for contributing to biases or prioritizing profit-driven news over in-depth journalism.
- Public Broadcasting:
- The U.S. also has publicly funded news organizations like PBS (www.pbs.org) and NPR. These outlets provide high-quality journalism without relying on corporate advertising, aiming to offer more balanced and in-depth coverage. They are supported by donations, government funding, and corporate sponsorships.
- Funding Models:
- Most media outlets depend on advertising revenues, subscription models, or a combination of both. With the decline of print media, many newspapers have adopted digital subscription models, while some rely on donor support (e.g., NPR). Advertisers often look for outlets with high traffic, leading to the rise of clickbait and sensationalism in some corners of the news industry.
- Audience Engagement:
- The internet has significantly changed how news outlets engage with their audiences. Through comments sections, social media shares, and reader feedback, media companies gather insights into what content resonates most. This often influences future coverage and the way stories are presented.
- The internet has significantly changed how news outlets engage with their audiences. Through comments sections, social media shares, and reader feedback, media companies gather insights into what content resonates most. This often influences future coverage and the way stories are presented.
Challenges Facing the U.S. News Media
The news industry in the United States faces several challenges, many of which have been brought about by the shift to digital and online platforms. Below are some of the most significant issues:
- Misinformation and Disinformation:
- One of the biggest problems is the rise of misinformation (incorrect or misleading information) and disinformation (intentionally false information). The internet has made it easier for fake news to spread, especially on social media platforms. This poses a threat to the credibility of legitimate news outlets and public trust in the media.
- Media Polarization and Bias:
- Increasing political polarization in the U.S. is reflected in the news media. Outlets like Fox News are often associated with conservative views, while MSNBC is seen as more liberal. This has led to concerns that people are receiving news that reinforces their existing beliefs, creating “echo chambers.”
- Financial Sustainability:
- As more people turn to free online news sources, traditional media outlets are struggling to remain financially viable. Many newspapers have seen a sharp decline in print circulation and ad revenues. In response, many have adopted paywalls and subscription models to stay afloat.
- The Decline of Local News:
- Another worrying trend is the decline of local journalism. Many small, local newspapers have shut down or significantly downsized, leading to “news deserts” where communities have limited access to reliable local news. This makes it harder for local governments and institutions to be held accountable.
- Media Ethics:
- News outlets must navigate the tricky balance between ethics and profit. Maintaining journalistic integrity is critical, especially as outlets face the pressure of delivering news quickly and generating clicks. Responsible journalism involves verifying facts, avoiding sensationalism, and providing balanced reporting.
The Future of the U.S. News Media
The future of the U.S. news media is both exciting and uncertain. The rise of AI-powered journalism, video content, and mobile-friendly formats will likely continue to transform the industry.
Additionally, growing awareness about the importance of media literacy may help audiences better discern fact from fiction.
News outlets must continue adapting to changing technologies and audience preferences while also upholding journalistic standards. As the digital landscape evolves, so too will the role of news media in ensuring an informed, engaged public.
Conclusion
The U.S. news media is one of the most influential media landscapes in the world. It plays a critical role in shaping public discourse, providing information, and holding those in power accountable.
While it faces challenges such as misinformation, bias, and financial difficulties, the industry is constantly evolving to meet the demands of the digital age.
For more articles on the U.S. media, the role of journalism, or news consumption trends, visit our blog and stay informed!
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