Vital and heavy industries including oil & gas, chemicals, power, construction and infrastructure, face enormous pressure to demonstrate meaningful decarbonising action. The report covers the constraints and opportunities for organisations to fulfil their ESG/sustainability commitments.

The Decarbonisation Confidence Index Research report is a confidence index as a leading indicator to action rather than a sustainability report calling for net zero. It is a reality check on the thought leaders trailblazing on the question of “How” when it comes to decarbonisation efforts.

Hexagon conducted qualitative and quantitative research as part of its findings, engaging with 112 senior leaders across six markets – Australia and New Zealand, Indonesia, Japan, Malaysia, Singapore, and South Korea – in the Asia-Pacific region. The report focuses on six priority areas of investigation, which collectively represent the scope of sentiment:

• Regulation & Legislation
• Partnership
• Technologies
• Talent
• Capital
• Operational Excellence

The research reveals that APAC industry leaders proactively spearhead innovation through investment in technologies, asset development, and distribution infrastructure at an accelerated speed. However, adopting new or emerging technologies, access to capital investments, compliance with future regulatory policy and talent is challenging velocities toward net zero. At the same time, there was a variation of sentiment across markets, the three areas where confidence was consistently lacking related to market regulation, new technologies, and access to talent.

“Sustainability is a priority for Hexagon and an integral part of our strategy and how we conduct business globally,” said Fabio Yada, Senior Vice President, Asia-Pacific at Hexagon’s Asset Lifecycle Intelligence division. “We recognize that decarbonisation is a complex process with many factors involved. It takes time and won’t happen overnight; however, there is clear momentum behind the sustainability transformation, and this report highlights the desire by Asia-Pacific companies to accelerate their decarbonisation efforts.”

“The pace of transition toward the green economy has really picked up since the ‘trifecta of tragedy’ in the bushfires, floods and COVID-19 in Australia. As a result, we have seen a boom in renewable energy, green steel, green building and architecture, and renewable transport. Plus the potential of green hydrogen ‘exporting sunshine’. Australian exporters are keen to put the green in the green and gold,” said Tim Harcourt, the author of The Airport Economist and Industry Professor and Chief Economist, Institute for Public Policy and Governance (IPPG), University of Technology Sydney (UTS) Bosch Siemens Hausgeräte (BSH).

Hexagon believes in a world where economic growth does not come at the expense of the planet and its people and that our company should drive sustainability efforts in every aspect of business. At the very core is a powerful vision of a future where data is fully leveraged so that business, industry, and humanity sustainably thrive.

When it comes to sustainability, Hexagon maintains every bit counts – and that sustained profits and a sustainable planet are attainable. Sustainability is a by-product of what Hexagon delivers to customers. Whether it be to minimise waste on asset-intensive projects, reduce risk, prevent incidents, or optimally design, plan, build and operate infrastructure or industrial facilities.

Hashtag: #Hexagon

The issuer is solely responsible for the content of this announcement.

About Hexagon

Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.

Our technologies are shaping production and people-related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon’s Asset Lifecycle Intelligence division helps clients design, construct, and operate more profitable, safe, and sustainable industrial facilities. We empower customers to unlock data, accelerate industrial project modernization and digital maturity, increase productivity, and move the sustainability needle.

Our technologies produce actionable insights that enable better decision-making and intelligence across the asset lifecycle of industrial projects, leading to improvements in safety, quality, efficiency, and productivity, which contribute to Economic and Environmental Sustainability. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 23,000 employees in 50 countries and net sales of approximately 4,3bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

Through real-world use case applications with IDEMIA on Hedera, Mastercard and Carbonseed.Earth, StraitsX provides insights to the benefits stablecoins can bring to trade and commerce

SINGAPORE – Media OutReach – 3 November 2022 – StraitsX, a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) today announced that it will be piloting a series of stablecoin applications at the Singapore Fintech Festival (SFF) 2022, which aims to showcase stablecoins’ real-world use case applications and benefits for trade and commerce.

Through collaborations with partners such as IDEMIA, The HBAR Foundation, Mastercard and Carbonseed.Earth, StraitsX focused on driving five key benefits of stablecoins: increasing payment efficiency, on-chain and offline programmability providing interoperability, spurring financial inclusion and enabling sustainable and energy-efficient transactions.

“The digital assets landscape has been evolving and gaining traction as more businesses recognise the benefits of blockchain technology, but there is still untapped potential when it comes to using stablecoins as a means of payment in real-world use case applications. These applications demonstrate how stablecoins can bring forth more innovation and we are excited to collaborate with industry leaders to explore the benefits of stablecoins in depth to showcase the viability of stablecoin usage in business applications like B2B settlement, offline payments and sustainability.” said Aymeric Salley, Head of StraitsX.

As part of the stablecoin showcase, StraitsX has highlighted three different real-world use case applications with its key partners, which leverage its Singapore dollar stablecoin, XSGD as a means of payment:

Driving financial inclusion with IDEMIA on Hedera

To mitigate the issue of unequal access to digital currencies and payments arising from network and geographical limitations, StraitsX has partnered with IDEMIA, a leading solutions provider in identity technologies to leverage the Hedera decentralised ledger, enabling users to transact stablecoins offline. This is powered by IDEMIA’s payment card and phone-embedded offline payment capabilities which allow users and merchants to transact offline securely. Merchants will then be able to leverage Hedera’s distributed network to receive payments and settle fund transfers.

This application will not only lower merchant fees but also drive financial inclusion by allowing users who have limited network access to transact stablecoins.

“We at IDEMIA firmly believe that stablecoins are redefining the very fundamentals of the payment ecosystem. We’re proud that our ability to innovate has enabled Stablecoins payments leveraging our Biometric Card technology F.CODE. This partnership demonstrates again that IDEMIA’s secure offline payment solution became the de facto standard for stablecoins payments.” said Romain Zanolo, Managing Director APAC at IDEMIA.

“We are delighted to partner with industry leaders StraitsX and Idemia to help drive financial inclusion in APAC. StraitsX’ upcoming Hedera-native XSGD stablecoin was combined with Idemia’s secure offline payment system powered by Hedera smart contracts, to provide a resilient, cost-effective, and energy-efficient alternative to existing digital payment schemes. We believe the solution is well suited to answer needs in the region.” said Sabrina Tachdjian, Head of Fintech & Payments at the HBAR foundation.

Enabling XSGD B2B Settlement with Mastercard

StraitsX and Mastercard, a global payment technology solution, have partnered to enable Mastercard crypto partners to use XSGD to facilitate settlements between businesses.

The current settlement process for crypto card partners is cumbersome and costly due to the requirement of converting from crypto into fiat, which imposes liquidity and operational constraints for card partners. This pilot aims to bridge between the digital assets spent by cardholders and the fiat currencies needed to settle with merchants, reducing friction and achieving greater operational efficiencies.

“Building on the success of our stablecoin pilots in the US and UK, we are excited to be partnering with StraitsX to continue pushing the frontier on digital assets innovation and exploring real-world benefits of stablecoins. Piloting a stablecoin settlement application using XSGD marks a meaningful step forward for our businesses in the APAC region.” said Ashok Venkateshwaran, VP Digital Assets at Mastercard.

Spearheading sustainability in the region with Carbonseed.Earth

To contribute to the wider sustainability cause, StraitsX has collaborated with Carbonseed.Earth, which is building an incubation infrastructure for carbon projects. This incubation infrastructure leverages stablecoin and IoT technology to enable early funding for quality carbon projects by issuing tokenized carbon credits, purchased through XSGD and held in blockchain wallets.

By utilising Carbonseed.Earth’s monitoring and verification solutions and blockchain wallets to facilitate stablecoin and carbon credit transactions, the application enhances transparency for price discovery and addresses the issue of double counting through smart contract technology. On a larger scale, the application also helps to facilitate efficient cross-border transfers of value involving tokenised carbon credits.

“CarbonSeed.Earth aims to be the one-stop managing platform for businesses to go green with hassle-free carbon financing, with services ranging from simple project origination and Monitoring, Reporting, Verification (MRV), to marketplace financing. By leveraging on XSGD, we can enable greater transparency, accountability, and visibility using the concepts of Purpose Bound Money (PBM) to verify fund sources and automated milestone verification to unlock payouts and reward businesses as they embark on their green transformation journey.” said Mike Sun, VP Product, CarbonSeed.Earth.

Hashtag: #StraitsX

The issuer is solely responsible for the content of this announcement.

About StraitsX

StraitsX is the pioneering payments infrastructure for the digital assets space in Southeast Asia. StraitsX is a Major Payment Institution licensed by the Monetary Authority of Singapore and is part of Fazz’s ecosystem of financial services which powers business banking in Southeast Asia. StraitsX offers personal and business account holders to mint and redeem StraitsX stablecoins, manage payments as well as connect their accounts to digital asset platforms. Business accounts can also access B2B API-enabled payment rails for digital asset platforms.

The two FinTech companies inked a MOU to solidify their commitment to bridging the gap of interoperability between private market exchanges and institutions

SINGAPORE – Media OutReach – 3 November 2022 – SDAX, a leading private markets investment and trading platform based in Singapore, announced a partnership with the signing of a Memorandum of Understanding (MOU) with Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol, to distribute digital securities over the Ownera FinP2P network.

The digital securities industry is growing fast but has lacked a common global distribution network for connecting issuers, investors, exchanges and other market participants. As a result, the rate of institutional adoption and investor access to high-quality digital securities has not reached its ideal potential. This is especially true for private markets where such securities tend to be illiquid.

SDAX works with companies and institutions to raise funds in a fast, secure and cost-effective way through blockchain technology, in the process making these private market investment opportunities accessible to investors via fractionalized ownership. Licensed by the Monetary Authority of Singapore, SDAX focuses on institutional-grade real estate and environmental, social and governance (ESG)-related investments. SDAX is backed by strategic shareholders such as ESR (APAC’s largest real asset manager), PSA (global port operator and supply chain integrator) – a Temasek Company, Straits Trading and RHT Group.

With SDAX’s exchange, it provides secondary market liquidity and enables its investors to participate in trading their digital securities. The partnership with Ownera will provide an additional channel for SDAX’s investors to trade these private market digital securities over an interoperable global ecosystem of exchanges and institutions – opening up possibilities for both investors and issuers.

Ownera brought the industry together to develop the FinP2P open-source routing protocol to solve this problem by orchestrating the instant exchange of digital assets held on any blockchain platform, for digital cash held on any ledger. It supports primary issuance, secondary trading and DeFi-style instant borrowing against assets pledged as collateral. This routing network has the power to open up digital distribution for the private markets and unlock global liquidity in a way that no single institution or exchange can achieve on its own.

“We are excited to be working with leading industry innovators like Ownera that provides a best-in-class connectivity solution that will build the foundation of an interoperability infrastructure for the industry,” says Raymond Poh, CEO of SDAX. “At SDAX, we continue to work with like-minded exchanges and specialists, optimise the investment experience in private markets assets for investors, and open up opportunities for all partners in the ecosystem.”

“Marketplaces and their Issuers need the broadest distribution to support a primary and secondary market in the low-liquidity world of private digital securities,” adds Anthony Woolley, the Head of Business Development and Marketing at Ownera. “The adoption of FinP2P will result in higher liquidity and better access to capital and assets by providing regulated firms such as SDAX with one secure point of connection to multiple pools of digital securities and investors across the globe. We are thrilled to have a powerful partner in SDAX, an established industry leader, to expand the FinP2P ecosystem.”

Hashtag: #blockchain #privatemarkets #digitalassets

The issuer is solely responsible for the content of this announcement.

About SDAX

SDAX is a MAS-regulated investment and trading platform serving institutional, accredited and retail investors. We provide access to uniquely curated assets that were once only available to institutions or ultra-high net worth individuals, through asset tokenization. Our strength lies in real estate, corporate finance and ESG opportunities. SDAX partners with corporate and institutions to raise capital more efficiently to support their growth and expansion.

SDAX represents the merged entities of digital asset exchange Digiassets Exchange Singapore (SDAX) and fintech company Minterest Holdings. The merger and rebranding bring synergy for SDAX by combining capabilities to offer both a Digital Asset Exchange, regulated under its Recognized Market Operator (RMO) licence, and Capital Markets Services, regulated under its Capital Markets Services (CMS) licence.

Visit our website here

About Ownera:

Ownera is a digital assets software company building the institutional rails for a new multi-trillion-dollar digital securities market. The company led the creation of the open-source specifications of the FinP2P interoperability protocol and delivers FinP2P based network nodes and digital assets solutions to the financial industry, thus enabling global distribution and liquidity for digital securities.

For more information, go to www.ownera.io

Patent system advanced algorithm leads the industry trend

SINGAPORE – Media OutReach – 2 November 2022 – Recently, Times Technology Quantum Analysis Team announced that in the second month after its Quantum Computer “Quantityindex System” started patent approval, the trading volume of its members’ profit value exceeded USD 220 million, a record high.

As of November, according to the statistics released by the Wall International Finance Association, the total trading volume of profit value of users of Time Technology Quantum Community reached 940 million USD. Each branch of the group actively promoted the “Bonus Lottery Eligibility Event”, which could accelerate the achievement of the goal.

Times Technology’s quantum analysis team’s quantum technology and PvTv are unique in the global financial investment circle. Through the Quantum Computer “Quantityindex System”, it achieved 97% of the ultra-high profit-making accuracy in the planning course and successfully completed the planning course with NT$ 6 million and NT$ 10 million respectively. In the future, under the breakthrough of mass popularity rate and net profit value of community users, it will definitely set off another wave of profit trend.

The Taiwan Branch of Times Technology Quantum Technology Group created several international financial index sensation in 2022. Undoubtedly, this is the first step for the Group to become the world’s index financial leader. The Group is actively developing the advanced calculus rate of systems and more analytical structure analysis to increase the mass penetration rate of quantum systems and the net profit value for community users. Times Technology will create a quantum system with analytic structure, centralized stability, ahead-of-the-curve calculus rate and Deta trading volume that will exceed quantitative data in the next quarter, so that the value of “service” can replace the competition of “market” and provide more comprehensive procedural calculus data.

Hashtag: #TimesTechnology

Audits of Consolidated Financial Statements Under IFRS Finalized

STEINHAUSEN, SWITZERLAND – EQS Newswire – 2 November 2022 – Terraoil Swiss AG (“Company”), an energy company with a strong focus on the Mediterranean is pleased to announce the completion of the audits of the consolidated financial statements for the years ended December 31, 2020 and 2021.

The financial statements are available on the Company’s website at https://terraoil.swiss/financialreports.

Chief Financial Officer, Bill Cummins commented:

“The completion of the audits was an important step forward for the Company. We believe that the consolidated financial statements are important for the Company and its shareholders. From a business development perspective, they provide relevant information for potential investors, partners and financial institutions.”

If you are an Terraoil shareholder and would like additional information, contact Peter Krempin either via email investors@terraoil.swiss or by telephone at +41 71 544 01 20.

Hashtag: #Terraoil

The issuer is solely responsible for the content of this announcement.

About Terraoil Swiss AG

Terraoil is an international energy company with a focus to identify and advance business opportunities in the upstream oil and gas and renewable energy sectors in the Mediterranean region.

https://terraoil.swiss

Terraoil forward-looking statements

This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Terraoil Swiss AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seqq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser. This media release and the information contained therein are not being issued for the purpose of selling shares in the United States of America, Australia, Canada, Japan, the United Kingdom, or the European Economic Area and must not be distributed within or to such countries or via publications with a general circulation in such countries.

This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Terraoil Swiss AG as of this date and Terraoil Swiss AG does not assume any obligation to update or revise this media release.