Red Date Technology

👏 We are thrilled to announce the integration of Hedera network-based stablecoins and the EMTECH CBDC Sandbox into the Universal Digital Payments Network (UDPN). This milestone marks a significant leap forward to empower businesses and financial institutions with seamless and real-time cross-chain payments, leveraging Hedera's cutting-edge blockchain technology. This groundbreaking integration will: ✅ Facilitate the development of programmable payment applications 🔗 Enhance interoperability between banks, businesses, and digital currency systems 🌉 Bridge the gap between traditional finance and blockchain technology During the PoC, the HBAR Foundation and Hashgraph tested UDPN’s core services, including: 🪪 Creating a decentralized identity. 🪡 Mapping this decentralized identity to a Hedera account. 💱 Initiating transfers and cross-chain swaps. The successful proof of concept has paved the way for future collaborations, potentially supporting Hedera digital currencies and leveraging Hedera technologies for UDPN transaction validation. 🔍For detailed insights, read the full PoC report here: https://lnkd.in/eWqGafGC 🎁 As we continue pushing the boundaries of digital payments, Red Date Technology is proud to be at the forefront of regulated global payment infrastructure innovation, making transactions faster, safer, and more accessible for businesses worldwide. #DigitalPayments #Blockchain #Hedera #UDPN #FinTech #Innovation

🌍 Exciting developments from the Universal Digital Payments Network (UDPN)! We're proud to be a part of this groundbreaking initiative that is transforming cross-border payments with seamless interoperability across multiple currencies, including #USD, #EUR, and #AUD. At Red Date Technology, we believe in innovation and collaboration to drive forward the future of digital payments. Being a core member of UDPN, we are committed to advancing secure, efficient, and inclusive payment solutions on a global scale. Check out the latest update from UDPN and stay tuned for more as we continue to explore the possibilities in this exciting journey! 🚀 #DigitalFinance #DigitalPayments #CrossBorderPayments #Innovation #Fintech #Blockchain

🌐 Red Date Technology Proudly Supports the Launch of Saudi Arabia’s First Sovereign Blockchain-as-a-Service Solution🌐 At Red Date, we are excited to support the launch of Virtual Vision (V2)'s Blockchain-as-a-Service (BlaaS), in partnership with CloudSigma! This initiative marks a significant milestone in our ongoing commitment to fostering blockchain innovation globally. 🚀By integrating our RDCloud Software platform into V2’s cloud environment, we are helping to streamline the blockchain adoption process for businesses in Saudi Arabia. This collaboration simplifies the deployment and management of blockchain applications and supports the region’s digital transformation goals. Highlights of V2’s BlaaS: 📉 Dramatic Cost Reductions: Businesses can expect up to 89% savings in development costs, 66% in training, and 45% in operational expenses. 🔐 Enhanced Compliance and Security: Leveraging V2’s strong local presence, our solution ensures compliance with national regulations and offers robust security, backed by connections to major Saudi telecom providers for high-speed and secure data transmissions. ⛓ Versatile Blockchain Protocols: The service includes Hyperledger Fabric, Hyperledger Besu, and Ethereum, allowing businesses and institutions to choose between private or public blockchain environments. More frameworks will be added to meet diverse technical requirements. This strategic expansion is not just about technological adoption; it's about integrating blockchain into the core of digital transformation efforts across Saudi Arabia. Our partnership with V2 and CloudSigma is a testament to our commitment to delivering innovative, decentralized solutions that drive efficiency, transparency, and trust. 🌐 Stay connected with us for more updates on how we are enabling blockchain transformations worldwide! 🔗 Explore more about V2’s BlaaS: https://lnkd.in/dzdeJPjg 🎙 See the full press release attached for more details: https://lnkd.in/gC-MSPjr #DigitalSaudi2024 #Blockchain #Innovation #DigitalTransformation #BlaaS #saudiarabia #Cloud

🌟We are thrilled to announce our latest collaboration with Tokinvest, a leading real-world asset tokenisation platform headquartered in Dubai. This partnership marks a significant milestone in our mission to revolutionize the blockchain and tokenization landscape.🌟 Our relationship with Tokinvest is built on years of cooperation between Red Date Technology and the founders of Tokinvest. This new phase of our partnership focuses on bringing the benefits of tokenized real-world assets to the Blockchain-based Service Network (BSN). One of the significant challenges in blockchain adoption has been the reliance on cryptocurrencies for network services. Through our partnership, we are addressing this issue by enabling the tokenization of real-world assets without the need for cryptocurrencies. This development will make blockchain technology more accessible and practical for enterprises and individuals.💡 Tokinvest’s dedication to advancing blockchain solutions aligns with our goals at Red Date Technology. By combining BSN’s advanced infrastructure with Tokinvest’s innovative platform, we are positioned to deliver unprecedented value to our clients and the global market. This partnership is a critical step towards realizing the future of digital finance and investment. Stay tuned for more updates as we embark on this transformative journey together! 🚀 🔗 Read more: https://lnkd.in/dAgN4Qf8 #Blockchain #DigitalFinance #Tokenization #RWA

It was an honour to host Yifan He, CEO of Red Date Technology, on our AIBC Stage! 💯 During his keynote: Why We Need CBDCS? He took us to explore Central Bank Digital Currency and how this can boost financial development in Asia. 🌐 Thanks for sharing your expertise with us and the audience!🙏 Shoutout to Ikigai Ventures for supporting this panel 🙌 #AIBCAsia #AIBC2024 #CBDCS

Just one week to go until the Blockwave: Web3 Dragon Boat Bash!  🐉🚣♂️ Meet industry leaders, innovate with the best, and celebrate the Dragon Boat Festival in style! 🌟 Co-hosted by Blockdaemon and First Digital Sponsored by dYdX, LayerZero Labs, Lido Finance, and Red Date Technology 📆6 June, Thursday ⏰18:00 - 22:00 📍Soho House Hong Kong Featuring Andrew Vranjes, Devere Bryan, David Shin, Shan Shan S., Tim Bailey RSVP👇 https://lnkd.in/gefJrfaK

🎉 We are delighted to welcome Blockdaemon to the BSN Spartan Network! As a key player in the blockchain industry, Blockdaemon’s support for the BSN (Blockchain-based Service Network) Spartan Network marks a significant milestone in our journey to revolutionize decentralized public IT infrastructure. This comes after Blockdaemon was announced as a founding member of the Singapore-based BSN Foundation in November 2023. Blockdaemon and BSN Foundation share a vision for promoting the concept of decentralized public IT systems. Together, we are committed to pushing the boundaries of what is possible, transforming the landscape of non-cryptocurrency public chains and setting new standards for global connectivity and innovation. Highlights of Our Collaboration: 🌍 Global Expansion: With Blockdaemon’s extensive global footprint and strategic vision, we aim to establish new international decentralized IT infrastructure projects, ensuring widespread adoption and accessibility. 👯 Decentralized Governance Contribution: As a founding member, Blockdaemon’s contributions to the BSN Spartan Network’s decentralized governance model will help promote a stable and accessible network for businesses worldwide. 🖥 Blockchain Node Deployment Expertise: Blockdaemon’s specialization in institutional-grade blockchain node deployment and solutions allows enterprises to quickly onboard and set up their systems, lowering the barrier to benefiting from the BSN Spartan Network. Together with Blockdaemon, we are dedicated to creating a future where decentralized public IT systems complement traditional centralized IT systems. Our shared vision is to lead the way in developing non-crypto public chains that serve as the backbone for next-generation digital infrastructure. We are thrilled about the potential of this partnership and are committed to working closely with Blockdaemon to drive the future of decentralized infrastructure. 🌟 Transform Your Business with Decentralized Infrastructure 🌟 Discover how Spartan’s decentralized solutions can drive your business forward. Embracing decentralized infrastructure offers numerous benefits, including enhanced security, increased transparency, and greater scalability. These advantages enable businesses to operate more efficiently and adapt more quickly to market changes. Explore Blockdaemon’s offerings with Spartan and see how you can benefit from our innovative approach to decentralized IT systems. 👇 https://lnkd.in/gsHha3Ys Ready to transform your business? Contact Blockdaemon today and join us in pioneering a robust digital ecosystem built for the future. 👇 hello@blockdaemon.com

Are you ready for this year’s Dragon Boat Festival? Join us at Blockwave: Web3 Dragon Boat Bash! Co-hosted by Blockdaemon and First Digital, this event is sponsored by dYdX, LayerZero Labs, Lido, and Red Date Technology. We bring together founders, CEOs, CTOs, VCs, heads of projects and other web3 enthusiasts in the space for a celebration you won’t forget. ⏰ Date: 6 June 2024, Thursday 🕔 Time: 18:00 - 22:00 📍 Venue: Soho House Hong Kong, 33 Des Voeux Rd W, Sheung Wan, Hong Kong Please register for the event through the link below. https://lnkd.in/gefJrfaK

🎉Exciting News! 🚀Red Date Technology is proud to announce our contribution to the landmark report released by the Financial Services Development Council (FSDC) of Hong Kong: "Realising the Potential of Blockchain in Advancing Hong Kong's Financial Services Industry". This report underlines the transformative power of blockchain in reshaping the financial sector and we're thrilled to be at the forefront of this revolution. The report highlights the Universal Digital Payment Network (UDPN), co-developed by Red Date Technology, as a blockchain-based messaging system that supports regulated digital currency systems and central bank digital currencies (CBDCs). The UPDN facilitates interoperability between stablecoins and CBDCs, aiming to connect payments across various CBDC and blockchain networks using a blockchain-based system similar to the traditional SWIFT network. Hong Kong's strategic push towards a digital economy, reinforced by the FSDC's insights and recommendations, presents a golden opportunity for innovation and growth. We are grateful to be part of this journey and are committed to continuing our support for the FSDC's efforts. Together, we aim to contribute to a more connected, efficient, and sustainable future in financial services, solidifying Hong Kong's position in the international financial landscape. 💼🌐 Check out the report to learn more⬇： https://lnkd.in/ewFve9Sg #Blockchain #FSDC #DigitalEconomy #UDPN #RedDateTechnology #HongKong #FinancialServices

📢Congratulations to MediConCen on their remarkable achievement in securing Series A funding!   This milestone not only highlights MediConCen's forward-thinking in harnessing AI and blockchain technology but also their commitment to redefining the insurance claims process for enhanced efficiency and user accessibility. The insurance industry is witnessing a surge in DLT investments, with the global market for blockchain in insurance expected to grow significantly over the next few years. This is an indicator of broader industry adoption and experimentation with new products that meet the evolving demands of digital-age customers.📈💼 At Red Date Technology, we're proud to provide the Decentralized Cloud and BaaS (Blockchain-as-a-Service) Management Platform as the development and production infrastructure for MediConCen's insurance claim automation platform. Together, we are at the forefront of transforming the insurance sector, making it more transparent, efficient, and customer-centric. Our Enterprise BaaS solution is designed for effortless blockchain network deployment and management, streamlining the integration process, and significantly cutting operational expenses. The scalable architecture ensures that as a business grows, our solution adapts seamlessly, providing a robust foundation for innovation and improved customer experiences in the InsurTech sector.🚀   🌐Read more about their journey⬇️:  https://lnkd.in/g-feTgd6