Month: 2025-01

ZUG, SWITZERLAND, Jan 13, 2025 - (ACN Newswire via SeaPRwire.com) - Switzerland is set to host the highly anticipated Swiss WEB3FEST Winter Edition 2025, an unparalleled event series on innovation, investments and collaboration within the WEB3 ecosystem. Organized by Inacta Ventures, the event will unfold across iconic Swiss locations: Zug, Zurich, St. Moritz, and Davos, from January 13 to January 24, 2025.Proudly titled in partnership with BitcoinOS, this event series promises to unite global leaders, investors, startups, and enthusiasts under one mission: unlocking the transformative potential of WEB3 technologies. Bitcoin is evolving beyond digital gold to become the foundation of a new economy. Innovations like those from BitcoinOS enable fast transactions, smart contracts, and decentralized applications, positioning Bitcoin as a key driver of the WEB3 revolution.What is the WEB3FEST?WEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.The Swiss WEB3FEST Winter Edition is taking place across Zug, Zurich, St. Moritz, and Davos during the World Economic Forum. It is designed to explore specific topics each day, connect the thriving Crypto Valley and Crypto Oasis ecosystems, and bridge diverse regions through meaningful collaboration. Attendees will have the opportunity to engage with thought leaders, pioneers, and visionaries in the blockchain space, fostering an environment of innovation and networking. Now in its 5th edition and the 2nd Winter Edition, WEB3FEST continues to be an important cornerstone for those looking to connect with global stakeholders, investors, and innovators in the world of Web3.At the heart of this transformative event is BitcoinOS, whose groundbreaking advancements in Bitcoin technology redefine possibilities in Blockchain. Participating organizations such as aeternity Foundation, The Hashgraph Association, DFINITY Foundation / Internet Computer, Solana Foundation, Ledger, and Multibank.io add to the event’s relevance, reflecting its global influence and comprehensive approach to WEB3 innovation.The investor events are co-created with Ordway Selections, a private investment office from Switzerland, to connect the participating early-stage investors, VCs and private equity institutions with outstanding investment opportunities.Event HighlightsJanuary 13, 2025Kick-Off Night - Launch Swiss WEB3FEST with a dynamic networking evening at SHED Zug.January 14, 2025The Green Block Talks - Explore sustainability in AI and WEB3 at Trust Square, Zurich.January 15, 2025Crypto Valley Afterwork - Engage with innovators over cocktails at SHED Zug.BitcoinOS Investor Dinner - Discover BitcoinOS’s vision and connect with top blockchain investors at SHED Zug.January 16, 2025Crypto Valley Afterwork - Enjoy informal networking at Pavarotti Wine Bar, St. Moritz.January 17, 2025WEB3 Talks - Gain insights from thought leaders at the Kempinski Hotel, St. Moritz.WEB3 Investor Dinner - Celebrate Crypto Valley with an exclusive show & dining experience at Billionaires Restaurant, St. Moritz.January 18, 2025WEB3 Investor Circle - Network in the serene mountain setting of El Paradiso, St. Moritz.January 21, 2025WEB3 Investor Circle - Connect with investors during a private dinner in Davos.January 22, 2025WEB3 Talks – Dive into blockchain insights and future trends at the House of Trust, Davos.OnlyFriends Party – Connect with WEB3 leaders in a lively, exclusive setting also at the House of Trust. January 24, 2025Shark Island - Witness groundbreaking startup pitches in a live treasure hunt at SHED Zug.Recap Night - Reflect on the festival’s highlights during the concluding night at SHED Zug.Powered by BitcoinOSAs the title partner, BitcoinOS is revolutionizing Bitcoin by bringing fast, secure transactions, smart contracts, and modern applications to the world’s most trusted blockchain. Their pioneering work includes the first verification of a zK proof on Bitcoin and numerous high-profile integrations with platforms like Cardano, Merlin, and BSquared. BitcoinOS’s innovations position it as a cornerstone of the WEB3 revolution and a driving force behind the success of WEB3FEST.BitcoinOS’s vision aligns perfectly with WEB3FEST’s goal of fostering innovation and creating impactful connections across the blockchain ecosystem. By showcasing Bitcoin’s expanded capabilities, BitcoinOS emphasizes its role in shaping the next chapter of WEB3 development.About the OrganizersInacta VenturesAt the helm of the WEB3 revolution, Inacta Ventures builds ecosystems, ventures, and smart capital strategies. With operations in the thriving Crypto Valley in Switzerland and the Crypto Oasis in the UAE, Inacta empowers over 100 portfolio companies and enterprises to scale groundbreaking WEB3 solutions.Ordway SelectionsOrdway Selections, headquartered in Zug, Switzerland, is a private investment firm dedicated to seeding innovation and financing growth. Leveraging our extensive industry network, they adopt a collaborative approach, striving to co-invest with partners who share their values and vision for transforming global critical systems.RegistrationReserve your spot now and join the world’s brightest minds to shape the future of WEB3: Register HereFor more details, visit: web3fest.chContact:Fabio SchlafHead of Ecosystem DevelopmentInacta Ventures and Crypto Oasisfabio@cryptooasis.ae Copyright 2025 ACN Newswire via SeaPRwire.com.

MUMBAI, INDIA, Jan 10, 2025 - (ACN Newswire via SeaPRwire.com) - The Unified Payment Interface (UPI) has changed how India handles money, moving from paper to digital transactions. As more people use digital payments during COVID-19, It has become a game-changer. It allows people to send money at any time, helping to bring more people into the banking system and connecting both those with and without bank accounts.UPI has made formal financial services accessible to millions and has had a clear impact on India’s digital economy. It makes it easier to pay without cash and encourages more use of digital payments, which reduces reliance on cash and leads to a more productive and transparent economy and also helps businesses become more official, which in turn increases tax revenue and reduces illegal money flows, making governance more effective.However, there are challenges to address, including concerns about data privacy, regional disparities, and the need to integrate with traditional payment methods like credit cards. Despite these hurdles, the platform continues to grow, largely due to its strong security measures and low costs for users. This positions it to compete effectively with global players like MasterCard and Visa.The Platform has transformed the digital economy of India by making more seamless transactions and increasing financial inclusion. From 92 crore in FY 2017-18 to 13,116 crore in FY 2023-24, the CAGR of UPI is 129%. By 2028, UPI is going to comprise 90% of total retail digital payment volumes and strengthen the leadership of fintech in India.Overview of the event: The 33rd Edition of the Digital Transformation Summit brings together over 500 top executives and technology leaders to discuss game-changing technologies like AI, Robotics, Blockchain, and Quantum Computing. With India’s digital market projected to reach $1 trillion and Gen AI potentially adding $1.5 trillion to the GDP by 2030, this event features hands-on workshops, expert talks, and valuable networking opportunities. Attendees will connect with innovators, share experiences, and meet potential global partners, all focused on making meaningful changes and improving how businesses operate. This summit is a must-attend for professionals looking to enhance their digital transformation efforts.Who will attend?Ninad Raje, Group Chief Information Officer, Jaquar & Company Private Limited.Anand Deodhar, Group Chief Information Officer, Force Motors Ltd.Abhinav Srivastava, Chief Information Officer & Head of IT GCC, Daimler India Commercial Vehicles.Shobhana Lele, Chief Information Officer, The Bombay Dyeing and Manufacturing Company Limited.The event will cover topics like:Generative AI: Harnessing the Next Gold Mine in India.Future Escape: The Internet of Tomorrow.The Power of Data: A Catalyst for Growth in the Digital Age.Emerging Cloud Computing Technologies.Establishing Critical Digital Infrastructure for India.For more information on the 33rd Edition Digital Transformation Summit, click the LinkAbout Exito:Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.comExito Media Concepts Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jan 10, 2025 - (ACN Newswire via SeaPRwire.com) – On January 7, 2025, the four-day International Consumer Electronics Show (CES 2025) was grandly held in Las Vegas. As a bellwether for technological innovation, CES serves not only as a platform to display the latest technological achievements but also as an essential window into future technological trends.Vortex 8's Stunning Showcase Highlights the Limitless Potential of Water Purification TechnologyViomi Technology Co., Ltd. (“Viomi,”, “the Company”, NASDAQ: VIOT) made its grand entrance at CES 2025 with its new product, the Vortex 8. This launch not only highlights the Company’s cutting-edge position in water purification technology but also showcases its deep commitment to sustainability and relentless pursuit of innovation.Viomi’s booth featured two flagship products: the Kunlun Mineral Water Purifier and the Vortex 8. Both products are equipped with RO filtration technology, which leverages its precision of 0.0001 microns to effectively remove harmful pollutants such as PFOA, PFOS, viruses, heavy metals, and microplastics. Additionally, the systems significantly lower the Total Dissolved Solids (TDS) levels, providing consumers with pure and safe drinking water. With an efficient 3:1 wastewater ratio and a 4-year long-life filter design, these products not only improve filtration efficiency but also significantly reduce water wastage and replacement costs. This marks a major breakthrough for Viomi in the field of home water health. Vortex 8 had previously gained strong support on Kickstarter, raising over HKD 450,000 from nearly 200 backers, exceeding expectations by 1,200%. Following its launch on Amazon, it has also received enthusiastic feedback from consumers. Users commonly praise the Vortex 8 for its ability to effectively conserve water, ease of installation, and high marks for its RO filtration technology.Furthermore, the Viomi Kunlun Mineral Water Purifier offers a unique experience, featuring the ability to release six vital minerals. This provides users seeking a high-quality, healthy lifestyle with a drinking water solution enriched with beneficial minerals, redefining the standards and possibilities for modern household health water. The Kunlun Mineral Water Purifier's filter core is sourced from Kunlun Mountain’s blue stone mineral deposits. Through two industry-first innovations—NLS natural lava physical composite technology and SMM mineral micropore passivation—along with AI mineral slow-release algorithms, it intelligently adjusts the system for stable and efficient mineral release from the filter core. The water filtered by the Kunlun system contains six beneficial minerals—strontium, sodium, magnesium, potassium, calcium, and metasilicic acid—similar to the mineral content found in natural mineral waters. Among these, strontium levels reach 0.4-1.4 mg/L, which is twice the national standard (0.2 mg/L), enabling users to enjoy high-quality Kunlun mineral water containing strontium and metasilicic acid right at home.Viomi’s Founder and CEO, Chen Xiaoping, remarked: “Vortex 8 is more than just a water purifier; it is an enhancement of everyday living. With its exceptional performance, long-lasting durability, and environmentally friendly design, it epitomizes our commitment to providing cleaner and better water to every household.”Showcasing China’s Innovation: Viomi Establishes a New Standard in the Water Filtration IndustryAs Chinese companies continue to enhance their technological capabilities and product quality, they are progressively establishing strong brand identities through sustained investment in R&D and active market expansion. As a result, Chinese enterprises are emerging as key players on the global stage. In recent years, the water purifier industry has experienced positive growth, driven by policy guidance, increasing market demand, and technological advancements. The Chinese government has introduced a series of policies aimed at promoting the development of energy-efficient and environmentally friendly water purification products, aligning with the country’s long-term goal of achieving carbon peak by 2030. The State Council’s “Water Conservation Regulations” have also proposed an innovative approach to water management, emphasizing the importance of water conservation and addressing water resource issues within the broader framework of modernization. These policies are not only driving the upgrade of water purifier products but also creating a favorable development environment for the industry. As consumer awareness of water safety continues to rise, the demand for water purification products in China is expected to grow, presenting significant market potential. According to the China Forward Industry Research Institute, the Chinese water purifier market is projected to grow at an annual rate of nearly 9%, potentially exceeding 30 billion RMB by 2028. Meanwhile, the U.S. water filtration market is also experiencing steady growth, with a projected market size of $10.4 billion by 2032. According to a report from the nonprofit organization DigDeep, 2.2 million people in the U.S. lack access to basic indoor plumbing and tap water, and over 44 million people rely on substandard water systems, highlighting the critical role of water purifiers.As a leader in the water purification industry, Viomi is spearheading technological advancements with its “AI for Better Water” smart purification technology. Viomi’s ERO+AI technology enables real-time water quality adjustment and monitoring while retaining beneficial minerals in the water. In 2024, Viomi underwent a strategic business reorganization, divesting from certain loss-making operations to focus exclusively on its core water purification business. By leveraging its extensive expertise in AI, smart hardware, and software development, Viomi is committed to providing superior drinking water solutions for households worldwide. As a pioneer in the global water filtration industry, Viomi has applied for over 1,600 water purification patents and more than 500 invention patents, dedicated to advancing water purification standards through advanced reverse osmosis systems and intelligent filtration technologies.Viomi’s product lineup spans from under-sink RO systems to comprehensive whole-house softening and purification solutions, as well as countertop models, offering a wide variety of choices for different household needs. These products cater to water requirements in various settings, including living rooms, bedrooms, and studies, while also enhancing both aesthetic appeal and practicality through user-centric designs and environmentally friendly materials. Viomi’s commitment to innovation and market strategy has positioned the company as a driving force in the industry’s shift towards smarter, healthier water solutions. Moreover, Viomi operates a state-of-the-art “Water Purifier Gigafactory,” with an annual production capacity of 5 million units and a filter element capacity of 30 million units. This highly integrated supply chain and automated production line ensure top-tier product quality and operational efficiency. The factory’s high-standard, clean production environment, along with a fully traceable quality control system, solidifies Viomi’s dominant position in the industry. Through these advantages, Viomi is not only meeting the growing global demand for clean, fresh, and healthy drinking water but also setting a new benchmark for sustainable development in the water filtration sector.Financial OutlookFrom a financial perspective, Viomi is optimistic about its full-year 2024 performance, with expected revenues from continuing operations projected to be between 1.7 billion and 1.9 billion RMB. The Company anticipates profits from these operations to range between 110 million and 130 million RMB. This positive outlook is closely tied to the company’s strategic business reorganization completed in August 2024, which involved divesting certain IoT@Home businesses and assets in order to concentrate on its core water purification operations. This restructuring initiative aims to optimize the company’s business structure, enhance operational efficiency, and focus on R&D and innovation in the water purification field. For the first half of 2024, Viomi reported net revenues of 1.04 billion RMB, with net profit attributable to ordinary shareholders reaching 6 million RMB, marking a successful turnaround. Excluding the divested businesses, revenue from core water purification and related services exceeded 800 million RMB, with operating profit surpassing 50 million RMB. The Company’s overall gross margin increased from 22.0% in the previous year to 24.8%, while operating expenses decreased by 19.2% year-on-year, driven by continuous cost-reduction and efficiency-improvement efforts. Viomi’s strategic focus on its core business not only enhances its profitability but also strengthens investor confidence in the company’s future. With continued investments in the water purification sector, Viomi is well-positioned to maintain growth throughout the second half of the year, achieving its annual performance goals.At CES 2025, Viomi showcased its industry leadership with the Vortex 8’s innovative filtration technology and versatile applications, marking a significant milestone in the Company’s technological progress. This development underscores the rise of Chinese technology on the global stage and injects new momentum into the pursuit of a better future. As technology continues to evolve and expand globally, we have every reason to expect that more Chinese companies, like Viomi, will emerge to offer groundbreaking innovations and transformative solutions to global consumers.About VIOMIVIOMI is a NASDAQ-listed company, dedicated to advancing water purification technology under its vision of “AI For Better Water”. With over a decade of experience in creating smart home solutions, VIOMI has redefined the standards for water purification through its advanced reverse osmosis systems and intelligent filtration technologies. With a state-of-the-art, 100,000-square-meter factory and fully automated production lines, VIOMI continues to push the boundaries of innovation in the water industry. VIOMI’s mission is to make clean, pure, and sustainable water accessible to homes everywhere. Having secured over 4,000 patents and global recognition, VIOMI leads the water filtration industry while focusing on improving global access to safe, clean drinking water.For enquiry, please contact Intelligent Joy Limited:Rosanne RenPhone：（852）3594 6407Email：pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.