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The Technological Empowerment of Olympic Legacy: Sustainable Development Paths of Beijing, Paris, and Los Angeles

BEIJING, April 30, 2025 /PRNewswire/ — At the 2024 Paris Olympics promoted by including France Tourism Development Agency along the Seine River, global audiences witnessed a fantastical night where reality and virtuality intertwined: the moment when athletes cruised on boats, the reflection of the golden Eiffel Tower vines in the river, and visitors waving their arms to trigger exclusive virtual fireworks.

This opening ceremony without walls embodies the symbiosis of technology and cultural heritage—ranging from Beijing Winter Olympics’ industrial legacy at the “Big Air Shougang“, to Paris Olympics’ multi-dimensional tourism economic transformation, and the future sustainable development route of Los Angeles Olympics. The Olympic movement is experiencing a cognitive shift from a “tool for event efficiency” to a “medium for cultural heritage transmission”. These innovations confirm a shared understanding: the symbiotic relationship between technology and the Olympics continues to deepen.

The core challenge for future Olympics is to integrate technological innovation that not only enhances event efficiency but also serves as a bridge for the transmission of cultural heritage.

Beijing 2022: From “Event Landmark” to “Cultural Tourism IP”—The Second Life of Olympic Heritage

The International Olympic Committee defines Olympic legacy as long-term benefits created by the Olympic Games, encompassing both tangible assets like venue facilities and intangible values such as cultural identity. As the first Winter Olympics to systemically plan legacy management after the publication of the Olympic Agenda 2020, Beijing 2022 broke the limitations of hardware construction and explored the integration of cultural heritage and urban renewal. As Liu Xinghua, Director of the Heritage Management Office of Beijing Winter Olympic Organizing Committee, stated, “Initially, people focused mainly on hardware facilities, but later they realized that the Olympics could also bring intangible legacies”.

After the 2022 Beijing Winter Olympics, numerous Olympic venues, with the “Big Air Shougang” as the centerpiece, continued to generate economic vitality through “cultural IP activation + digital technology empowerment.”

As the first Winter Olympic venue to remain permanently after the games, the “Big Air Shougang“, combining its “Dunhuang Flying Apsaras Ribbon” design with industrial heritage, transformed into a year-round operating space. In winter, it hosts professional training and ice and snow experiences, and in summer, it becomes an extreme sports park. It also hosts commercial events and cultural entertainment, stimulating diversified sports economic development in the Shougang Park and the western part of Beijing. The venue has become a model for industrial area revival and has helped Shougang Park become a new landmark for the revitalization of the capital city in the new era.

The National Speed Skating Oval “Ice Ribbon” and Winter Olympic venues in Yanqing and Zhangjiakou further utilize their existing facilities and the Olympic brand value to inherit and optimize Winter Olympic venue legacy. They continue to host high-level ice and snow events and grassroots ice and snow activities, aiming to create a “Beijing-Tianjin-Hebei Ice and Snow Sports Destination,” achieving the repeated, comprehensive, and long-term utilization of venues and parks.

According to data, the Winter Olympics led to approximately 346 million Chinese people participating in ice and snow sports. The China Tourism Research Institute predicts that leisure tourism revenue in the 2024-2025 ice and snow season is expected to exceed 720 billion yuan. The typical case of technological empowerment, “Big Air Shougang“, has also become a cultural landmark, evolving into an industrial heritage learning site and extreme sports experience venue.

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Paris 2024: Technology Empowering Olympic Legacy and Driving Sustainable Tourism Economic Transformation

The Paris 2024 Olympic Games have catalyzed the formation of a new tourism economic ecosystem for France and surrounding countries. Traditional tourist destinations such as Paris and Nice continue to attract large numbers of visitors, while some previously less-visited cities that have been granted event hosting rights have now become new tourist hotspots. This diversification of the tourism landscape not only alleviates the reception pressure on popular cities but also offers visitors more varied choices and experiences.

Coinciding with the 60th anniversary of ChinaFrance diplomatic relations and the China-France Cultural Tourism Year, Atout France (the French Tourism Development Agency) created the “Olympic Journey” special Chinese-language webpage. This platform provides the latest information, guides, and itinerary planning for Chinese visitors to France during the Olympic season, including tips on visiting classic Olympic venues, exploring the Olympic torch relay route, and discovering trendy activities in the major host cities of the Games.

By focusing on keywords such as “2-hour train travel” and “sustainable tourism”, the “User Behavior Data Mining and Analysis System” tracks tourist search preferences, consumption habits, and itinerary feedback, building a dynamic user profile database to accurately identify tourists’ demands for “slow travel” and “cultural immersion”. The “Personalized Travel Route Intelligent Planning and Recommendation Service Platform” then uses these insights, along with France’s transportation network, cultural heritage density, and sustainability indices, to generate thematic itineraries that balance efficiency with depth.

The coordinated application of these two systems has enabled the creation of several customized itineraries for visitors to France, successfully matching China’s tourists’ preferences with lesser-known destinations such as Provence’s countryside and the Loire Valley castles. For example, cycling routes from the Burgundy vineyards to Michelin-starred restaurants for food lovers, or family-friendly slow travel plans along the southern French coast, have helped boost employment in surrounding regions and stimulate economic growth.

The French Center for Sports Law and Economics (CDES) predicts that the tourism industry of the Ile-de-France region alone could generate revenues ranging from 201 million to 1.236 billion euros during the Olympic cycle. Li Xiaolou, Media Officer of Atout France in China, added, “By leveraging the power of technology, we drive innovation in the industry, continuously optimizing the service experience in ChinaFrance cultural tourism and promoting the digital transformation of ChinaFrance tourism cooperation, creating mutual economic benefits”.

Los Angeles 2028: A Path to Sustainable Development Through Technology and Cultural Heritage

As the next Olympics after Paris, focusing on sustainability, Los Angeles plans to utilize existing facilities or renovate existing Olympic venues to respond positively to the International Olympic Committee’s sustainable development initiatives. Existing venues such as the Los Angeles Convention Center, SoFi Stadium, Kia Forum, Rose Bowl Stadium, and Long Beach Arena already host various events, which will provide adequate venue support for the 2028 Los Angeles Olympics, making it more practical in terms of sustainability.

As a typical industrial city, Los Angeles has rich industrial heritage and a strong film culture background. These unique resources are also enough to become the filed of deep empowerment of the “User Behavior Data Mining and Analysis System” and the “Personalized Travel Route Intelligent Planning and Recommendation Service Platform”.

For instance, by using the “User Behavior Data Mining and Analysis System,” Los Angeles can analyze global visitors’ search keywords (such as “Hollywood Olympic link”), consumption preferences (e.g., family travel share and demand), and social media interaction data to construct a dynamic demand map, predict peak tourist flows, and optimize service configurations.

In addition to industrial heritage reuse, Los Angeles can integrate its unique film culture into the Olympic experience, creating more creative and entertaining Olympic events. Through the “Personalized Travel Route Intelligent Planning and Recommendation Service Platform”, tourists can be intelligently guided on routes such as the “Centennial Olympic Corridor”, which connects Rose Bowl Stadium (Olympic venues from 1932/1984) to SoFi Stadium (2028 new event venue), or the “Dream Journey” through Hollywood Universal Studios to the filming location of La La Land at Hermosa Beach. These themed routes will blend the cultural display of the Olympics with Los Angeles’ film and industrial features, offering global audiences a brand new visual feast. This not only drives the city’s sustainable development but also provides visitors with new cultural and historical experiences.

Conclusion

From Beijing to Paris to the upcoming Los Angeles Olympics, the fusion of technology and culture is gradually reshaping the face of the Olympic Games. Future Olympics will not only be arenas for sports competitions but will also serve as global stages for innovation—where technology drives the transformation of cultural tourism, and culture in return enhances the deepening of technology. Olympic heritage will thus transcend physical boundaries and become a digital memory shared by humanity. When Los Angeles takes the torch, it will carry not only the spirit of competition but also a global answer to the question of how “technology can sustain civilization”.

Global Times: Certainty of high-quality development can be observed from China’s Q1 economic data

BEIJING, April 30, 2025 /PRNewswire/ — At present, the world economy confronts considerable uncertainty.

In the first quarter, China’s GDP expanded by 5.4 percent year-on-year, indicating a stable and promising start to the national economy, with high-quality development advancing solidly. The “Q1 report” of the Chinese economy highlights the certainty of high-quality development.

“Over the past 70 years and more, China has achieved development through self-reliance and arduous struggle, never relying on others’ mercies, still less fearing any unreasonable suppression.”

A meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee on Friday emphasized dealing with the uncertainty of drastic changes in the external environment with the certainty of the country’s high-quality development. Under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, all regions and sectors have risen to the challenge, taken proactive steps and unswervingly done their own work. The world’s second-largest economy has marched forward bravely without fear of the storm.

First, the certainty of high-quality development lies in the solidity of the Chinese economy’s foundation. Such a stable performance is supported by substantial strengths. Strength is evidenced by the products, market and data.

The world’s fastest high-speed rail CR450 stepped up its tests, the world’s first 12,000-meter automated onshore drilling rig drilled 10,000 meters beneath the land, the world’s first ultra-large dual-fuel container ship was delivered, and the launch of Shenzhou-20 manned spacecraft was a complete success – since the beginning of the year, the pillars of a great power make breakthroughs on all fronts, as China’s manufacturing delivers a stream of successes.

A US netizen posted a video: A Chinese-made construction machinery sells at the price of 3,700 dollars, and similar products in the US price more than 10 times. After failing to find a suitable alternative, a US client reluctantly placed a 10-million-yuan sunroom order with a Chinese supplier despite steep tariffs.

In the first quarter, China’s value-added industrial output expanded 6.5 percent year-on-year, continuing to play its role as an economic stabilizer. Exports rose by 6.9 percent, with total imports and exports exceeding 10 trillion yuan for the eighth consecutive quarter.

China has maintained its position as the world’s leading manufacturing powerhouse for 15 consecutive years and has been the top trading nation in goods for eight years running. With a complete industrial system and strong supporting capabilities, its tightly integrated industrial chains and complementary sectors form a resilient material and technological foundation, offering a steadfast backbone in the face of intense global competition.

The consistent performance is also underpinned by robust and enduring domestic demand. New products are driving new growth, new sales channels are fueling new growth momentum and new scenarios are unlocking new consumptions.

Robust domestic demand continues to generate momentum, with consumption and investment both on the rise. In the first quarter, China’s total retail sales of consumer goods grew 4.6 percent year-on-year, and fixed-asset investment rose by 4.2 percent – both exceeding the growth rates of the previous year.

Today’s China is a mega-sized market with the world’s greatest growth potential. Over the past five years, domestic demand has contributed more than 80 percent to the country’s economic growth on average. As new forms of industrialization and urbanization as well as green and low-carbon development accelerate, the market will only continue to expand – providing a secure environment for exporters and a solid foundation for various economic sectors.

The stable performance is backed by diversified markets. Chinese companies have proactively adopted strategies to “avoid putting all their eggs in one basket.”

Shenzhen-based Unilumin, a leading LED product manufacturer, began expanding overseas just a year after its founding. Now, its sales and service networks span over 160 countries and regions, with localized production capabilities in the US, Brazil, Saudi Arabia, and beyond. According to the company’s executive, this global layout significantly reduces the impact of international uncertainties and boosts risk resilience.

The micro mirrors the macro. In recent years, China has expanded its global footprint, now trading with over 150 countries and regions. In the first quarter alone, exports and imports with Germany, Spain, and the UK all saw notable increases. Exports to Belt and Road Initiative (BRI) partner countries rose 7.2 percent year-on-year, with these markets accounting for over 50 percent of China’s total trade volume in goods.

At the macro level, in recent years, China has actively expanded into international markets and built a diversified trade structure, establishing trade partnerships with over 150 countries and regions around the world.

While “doing business with the world,” China is enhancing its collaboration with global industrial and supply chains, reducing its reliance on any single export market and strengthening the resilience of its foreign trade.

Today’s China has built a solid economic foundation through decades of development and is now transitioning toward a new model driven by domestic demand and innovation. With its comprehensive industrial system and vast market size, China has both the production strength and demand potential to withstand a broad range of external shocks.

Second, the certainty of high-quality development lies in the growing momentum of its driving forces.

In the first quarter, the value-added output of high-tech manufacturing enterprises above a designated size increased by 9.7 percent year-on-year, raising its share to 15.7 percent of total industrial output. This reflects the robust growth of new quality productive forces.

This growth is evident in scientific innovation, industrial upgrading and talent dividends.

Today, China’s innovation engine is more powerful than ever, with major technological breakthroughs accelerating and momentum shifting decisively from traditional to new growth drivers. No matter the calls for “small yard, high fence” or “decoupling,” China’s path toward innovation remains unstoppable.

Third, the certainty of high-quality development lies in the initiative to expand opening-up.

In the first quarter, the number of newly established foreign-invested enterprises in China increased by 4.3 percent year-on-year, with imports and exports rising by 1.3 percent, and the number of foreign nationals visiting China surged by 33.4 percent. Amid a more turbulent global landscape, this “oasis of certainty” is further opening its doors to the world.

This reflects China’s proactive commitment to sharing development opportunities globally.

In mid-April, the 5th China International Consumer Products Expo was held in Hainan, attracting over 1,700 enterprises and more than 4,100 brands from over 70 countries and regions – making it the largest edition to date.

Foreign enterprises continue to engage in business with China, bringing high-quality products and a desire to share in China’s development opportunities. In response to these expectations and taking proactive responsibility, China continues to expand its openness. A China that is closely connected with the world is enlarging the cooperation “pie,” and gathering more and more strength for development.

This reflects China’s proactive efforts in steadily expanding institutional opening-up.

China is steadily expanding institutional openness in areas, such as rules, regulations, management and standards, continuously creating a “strong magnetic field” to attract foreign investment. Believing in China is believing in tomorrow, and investing in China is investing in the future. Today, optimism about China and upgrading China’s projections have become buzzwords in the international business community, where China is increasingly seen as an ideal, safe, and promising investment destination.

This reflects China’s proactive approach to promoting inclusive and equitable economic globalization.

Opening up to the world remains China’s fundamental national policy. As global protectionism intensifies, China’s resolve to expand its openness has only grown stronger. The underlying logic of China’s economy continuing to grow and improve remains unchanged, as does the principle of benefiting the world. This is the greatest certainty of China’s economy in relation to the world economy.

Fourth, the certainty of high-quality development lies in the effectiveness of governance on the macro level.

In the first quarter, both stock and incremental policies worked in synergy, with their effects continuing to show, playing an important role in achieving a strong start.

Macro policy is an important tool to promote high-quality economic development. With strong and effective policies to respond to the uncertainties in the external environment, we are experienced, well-equipped, well-prepared and confident.

Confidence comes from repeated successful practices of turning crises into opportunities. It also comes from careful and proactive planning as well as the collective wisdom that shows the strength of unity.

Grasping the certainty of high-quality development will help enhance the scientific understanding of current conditions and boost initiative in managing economic work.

The evolving global landscape and external shocks will not alter China’s fundamental economic strengths, advantages, resilience, or potential. Nor will they derail the long-term upward trajectory of China’s economy. Amid difficulties and challenges, the future, hope and opportunities remain clearly in sight.

By remaining focused on running our own affairs, the 1.4 billion Chinese people will ultimately overcome all the difficulties and challenges ahead, and open new horizons for development through tenacious struggle.

The article was originally published on the People’s Daily.

 

MiTAC Computing Unveils Next-generation OCP Servers and Open Firmware Innovations at the OCP EMEA Summit 2025

Discover the C2810Z5, C2820Z5, Whitestone 2, and live firmware demos as OCP leaders and innovators come together.

DUBLIN, April 30, 2025 /PRNewswire/ — MiTAC Computing Technology, a global leader in high-performance and energy-efficient server solutions, is proud to announce its participation at the OCP EMEA Summit 2025, taking place April 29-30 at the Convention Centre Dublin. At Booth No. B13, MiTAC will showcase its latest innovations in server design, sustainable cooling, and open-source firmware development – empowering the future of data center infrastructure.

M iTAC C2810Z5 & C2820Z5: Advancing Sustainable Thermal Design

MiTAC will debut two new OCP server platforms – MiTAC C2810Z5 (air-cooled) and C2820Z5 (liquid-cooled), built to meet the demands of high-performance computing (HPC) and AI workloads. Designed around the latest AMD EPYC™ 9005 series processors, these multi-node servers support the latest EPYC 9005 processors and are engineered to deliver optimal compute density and power efficiency.

The C2810Z5, a 2OU 2-node single-socket server with 12 DDR5-6400 DIMM slots per node, is perfect for microservices deployment in cloud environments, providing outstanding efficiency on performance-per-watt basis.

The C2820Z5, a 2OU 4-node dual-socket server, represents a leap forward in thermal design and sustainability. Its direct liquid cooling technology offers a compelling solution for high performance computing, reducing server energy consumption and acoustic noise levels while improving power utilization efficiency.

OpenBMC and Open Platform Firmware: Customizing and Enhancing Server Management

In line with MiTAC Computing’s commitment to transparency and open innovation, the company will host live demonstrations of its OpenBMC and Open Platform Firmware developments during the summit. These demos highlight MiTAC’s end-to-end expertise in integrating both hardware and software – a capability that sets it apart in the data center space.

Open-source firmware is more than a trend – it is the future of scalable, secure infrastructure. MiTAC Computing’s firmware portfolio, built on OpenBMC and Open Platform Firmware, empowers customers with flexibility, transparency, and control, delivering unified server management, faster boot times, and enhanced sustainability through true open-source innovation.

MiTAC Whitestone 2: Legacy Meets Edge Innovation

MiTAC Computing will also feature the MiTAC Whitestone 2 (WS2) server series, a compact yet powerful platform purpose-built for ORAN CU/DU and edge computing applications. With support for 4th Gen Intel® Xeon® Scalable Processors, the WS2 offers a 1U short-depth chassis, front-access design for easy maintenance, and robust synchronization technologies including IEEE 1588 v2, Sync-E, and GPS hold-over options—ideal for telecom and mobile edge deployments.

With extended operating temperatures, dual -48VDC power input, and an onboard Intel Mount Bryce FEC accelerator, the WS2 demonstrates MiTAC’s continued contribution to the Open Compute Project community. The platform is especially suited for vRAN and O-RAN deployments, aligning perfectly with OCP’s vision for open, flexible, and sustainable edge computing in the EMEA region.

Join MiTAC at OCP EMEA 2025 – Booth B13

Visit MiTAC Computing at Booth B13 to explore its complete portfolio of OCP-inspired solutions. Our technical experts will show firsthand how MiTAC is advancing the conversation around data center sustainability, open-source technologies, and integrated compute solutions.

Download MiTAC’s latest OCP Platforms brochure: https://www.mitaccomputing.com/en/company/catalogs 

About MiTAC Computing Technology Corporation

MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but, more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability.

With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

MiTAC Computing Technology Corporation website: https://www.mitaccomputing.com/

Press Contact

MiTAC Computing Technology Corporation
Sarah Chen Lin
sarah.chen.lin@mitaccomputing.com

Ant Digital Technologies Hosts RWA REAL UP Dubai Summit 2025 and Unveils Layer 2 Blockchain to Strengthen RWA Funding Infrastructure

A strategic move following the recent establishment of global headquarters in Hong Kong, reaffirming its commitment to advancing global web3 and AI development

HONG KONG and DUBAI, UAE, April 30, 2025 /PRNewswire/ — Ant Digital Technologies, a pioneer in emerging technologies, hosts the inaugural RWA REAL UP Dubai Summit 2025 in Dubai today, gathering more than 500 industry leaders, financial institutions, blockchain pioneers, and regulators to explore revolutionary innovations that will shape the future of fintech. With the recent establishment of its global headquarters in Hong Kong, Ant Digital Technologies is rapidly advancing its international expansion by selecting Dubai as a strategic gateway to unlock opportunities in the Middle East market. This strategic move underscores the company’s commitment to global Web3 and Artificial intelligence (AI) development, while recognising the UAE’s rapid embrace of emerging technologies.

The event highlighted the transformative potential of cutting-edge technologies and how AI and Web3 are empowering the future of finance. In particular, discussions centred around blockchain’s role in revolutionising finance through tokenisation, unlocking hidden value within Real-World Assets (RWA). Through digital fractional ownership, this transformative approach democratises access to traditionally high-value assets. These advancements mark a significant evolution, offering solutions to liquidity constraints, optimizing transactions, and reducing reliance on intermediaries.

Pioneer tech for the global audience

During the event, Ant Digital Technologies announced the release of Jovay, a Layer 2 blockchain solution tailored for RWA fund transactions, showcasing trusted execution and exceptional performance capabilities with a throughput of 100,000 transactions per second and an impressive 100-millisecond on-chain response time. This cutting-edge platform can seamlessly integrate with Layer 1 blockchains, enhancing their performance and scalability. As a key component of the company’s “Dual Chains and One Bridge” solution alongside AntChain-based asset chains and AntChain Bridge solutions, Jovay is set to play a pivotal role in transforming trillions of RWAs into tradable digital assets globally, thereby enhancing global liquidity and streamlining the trading of physical assets on the blockchain.

Meanwhile, Ant Digital Technologies is pushing the boundaries of innovation with its work on AI-driven Web3 advancements. The recent launch of the AI-powered DeTerministic Virtual Machine (DTVM) Stack introduces a new standard in smart contract performance optimisation through the integration of multi-language SDKs a core execution engine, and the AI toolkit SmartCogent. Driven by Large Language Models (LLMs) and specialised AI agents, the DTVM Stack automates the smart contract lifecycle, delivering up to 30 times more efficient execution than traditional methods. With seamless compatibility with the Ethereum ecosystem, this platform is set to revolutionise Web3 development across multiple platforms, represents a significant advancement in addressing blockchain performance, deterministic execution, and ecosystem interoperability challenges. The DTVM Stack has been open-sourced under the Apache License 2.0, allowing developers worldwide access to the complete codebase and documentation via GitHub.  

Zhuoqun Bian, President of Blockchain Business at Ant Digital Technologies, said, “We have been enthusiastic about the transformative power of blockchain technology across the finance industry and beyond. Leveraging years of expertise in blockchain, IoT, and AI research and development, we look forward to collaborating with global partners to unleash the full potential of real-world assets and propel innovation on a global scale.”

Dual-hub Synergy between Dubai and Hong Kong

Earlier this month, Ant Digital Technologies has chosen Hong Kong for its international headquarters to step up the overseas expansion of its blockchain and AI technologies amid a global technology frenzy. The Summit in Dubai strategically follows the establishment of its headquarters in Hong Kong – Both cities are known for their transparent and forward-thinking regulatory frameworks that actively support digital assets. In particular, Dubai’s pioneering regulatory environment, particularly regarding tokenised securities, has positioned the region as a frontrunner in blockchain innovation, creating new avenues for various industries. Additionally, sophisticated investor communities in both cities, including family offices, sovereign wealth funds, and institutional investors, are receptive to explore alternative assets such as digital assets. Serving as pivotal hubs between the key markets of the Middle East and Asia, Dubai and Hong Kong facilitate round-the-clock market operations.

Moreover, the Middle East, situated in the “solar belt,” stands as a prime locale for unlocking opportunities from renewable energy. Renewable energy assets, such as solar panels and battery-swapping stations, can be converted into tradable on-chain digital tokens. This innovative approach not only introduces fresh financing channels for renewable energy enterprises but also unlock alternative investment channels for global investors to engage in borderless, round-the-clock green investments. By democratising access to green financing, diverse investors can participate in the transition towards a greener future, fostering a more inclusive and liquid market for sustainable assets. In fact, Ant Digital Technologies, has facilitated transactions for 14 million new energy devices on-chain through the tokenisation of green energy assets, setting a global standard and exemplifying how green assets can unlock significant investment opportunities.

Dr. Zhao Wenbiao, CEO of Ant Digital Technologies, shared: “At Ant Digital Technologies, we harness cutting-edge technology to empower diverse industries worldwide. Dubai and Hong Kong are both hubs of sustainable finance.Dubai provides an ideal platform to showcase our latest solutions and engage with a diverse audience seeking innovation in the blockchain and AI space. We’re positioning Ant Digital Technologies as the digital bridge linking Middle East energy transition opportunities to Asia’s markets. By integrating top-tier blockchain solutions into the energy RWA ecosystems of these regions, we aim to cultivate a ‘dual-hub synergy’ between Hong Kong and Dubai, propelling the global shift towards a digital economy.”

Zhao Wenbiao, CEO of Ant Digital Technologies
Zhao Wenbiao, CEO of Ant Digital Technologies

With a solid foundation in Hong Kong and a strategic foothold in Dubai, Ant Digital Technologies is poised to revolutionise the management and trading of real-world assets. At the intersection of Asia and the Middle East, the company’s dedication to technological advancements is paving the way for a more interconnected and efficient economy. Looking ahead, Ant Digital Technologies is set to expand its global footprint, driving innovation and advancing technology development on a global scale.

About Ant Digital Technologies

Ant Digital Technologies is Ant Group’s digital technology subsidiary. Ant Digital Technologies continues to promote the development and application of digital technologies, introducing leading products like ZOLOZ, mPaaS and ZAN based on its expertise in AI, privacy computing, and security technology. Ant Digital Technologies is committed to working with partners across different industries to support small and medium-sized financial institutions in their digital transformation, enable SMEs in the service industry to operate digitally, and facilitate digital collaboration across industries. Revenue from Ant Digital Technologies’ international business operation increased by 300% in 2023. Ant Digital Technologies established its international headquarters in Hong Kong in April 2025.

As part of its core business, Ant Digital Technologies is actively exploring green energy RWA (Real World Assets) through Hong Kong Monetary Authority’s Project Ensemble, focusing on assets like EV charging stations, distributed photovoltaic systems, and battery swapping infrastructure for two-wheelers.

Inside the Power of Monport MEGA: A Vision of Innovation, Relentless Progress, and Commitment

NEW YORK, April 30, 2025 /PRNewswire/ — In a market flooded with cookie-cutter laser engravers, one machine dares to break the mold: the Monport MEGA, the world’s premier 70W intelligent desktop engraving system. Engineered for creators, entrepreneurs, and small manufacturers, MEGA 70W CO2 Laser delivers unmatched power, speed, and safety — all packed into a sleek, user-friendly design.

But what truly sets MEGA 70W CO2 Laser apart isn’t just its tech specs — it’s the visionary story behind the innovation. From a next-gen fume extraction system and built-in fire suppression to intelligent vision recognition and mass production readiness, MEGA 70W CO2 Laser is more than a machine — it’s a movement toward a safer, smarter, and more sustainable laser engraving future.

“We don’t just make machines—we build on feedback,” says the CEO of Monport. “Every feature in the Monport MEGA reflects our ongoing commitment to our users. We hear you, we value you, and we’re dedicated to constantly improving for you.”

With upgraded power, smarter safety systems, and enhanced usability, the MEGA 70W CO2 Laser marks a bold leap forward—not just in laser technology, but in customer-driven innovation.

Advanced Fume Extraction: Engineered for Industrial-Grade Airflow Control

After extensive research into the limitations of traditional desktop laser engravers, the Monport engineering team identified a critical weakness: inefficient built-in fume extraction. Due to the compact size and internal layout constraints of typical desktop models, many systems failed to expel smoke and toxic gases effectively, jeopardizing both machine integrity and operator health.

Monport’s response? A completely reimagined internal air duct system—leveraging aerodynamic science to build a multi-point, negative-pressure extraction solution.

  • Optimized Airflow Pathways guide clean air in and draw contaminants out through carefully calibrated intake and exhaust fan placement.
  • Enhanced Suction Power via a high-performance exhaust setup ensures that contaminants are forcefully extracted without sacrificing engraving speed.
  • Smart Control Technology continuously adapts fan speeds based on real-time pollutant detection, improving energy efficiency while maximizing performance.
  • With eight synchronized fans working in harmony, the result is a clean, safe, and maintenance-friendly operating environment.

“We simulated over 300 airflow configurations using CFD modeling,” explains Mega Thermal Systems Engineer. “This isn’t just ventilation—it’s an integrated air management system optimized for particulate removal, heat regulation, and energy efficiency.”

This breakthrough not only supports sustainable engraving practices but also reflects MEGA’s commitment to long-term usability and health-conscious design.

Fire Suppression Integration: Embedded Safety Intelligence

Fire safety remains a growing concern among laser machine users—particularly with reports of fires spreading due to delayed detection or malfunctioning alarms. The MEGA 70W CO2 Laser Fire Suppression System was built from the ground up to eliminate those fears.

Rather than relying solely on external tools or alarms, Monport developed a fully integrated solution:

  • A Dual-Layer Fire Detection System uses both temperature and smoke sensors in conjunction with real-time visual analysis powered by System-on-Chip (SoC) technology.
  • A compact 80g CO₂ tank delivers instant, targeted suppression through electromagnetic release valves. It’s effective for over 10 uses—outperforming disposable alternatives.
  • Continuous Monitoring post-suppression ensures any threat of reignition is eliminated.

“Every delay in fire response equals increased damage risk,” notes Mega Safety Systems R&D Lead. “We engineered an automated system that functions independent of user input. The MEGA thinks defensively—before the threat escalates.”

With this system in place, MEGA 70W CO2 Laser not only minimizes the risk of fire but also significantly enhances operational peace of mind—without compromising workflow.

Circular Touch Interface: Real-Time System Command

User experience lies at the heart of MEGA’s interface philosophy. Departing from outdated buttons and clunky controls, MEGA 70W CO2 Laser introduces a circular touchscreen modeled after today’s smartphones—blending functionality and simplicity.

  • The interface delivers real-time updates on system performance including water and ambient temperature, humidity levels, and critical machine alerts.
  • A smart lock feature ensures security and prevents accidental commands—ideal for shared workshops or educational settings.
  • Intuitive gesture-based operation simplifies even the most advanced tasks, shortening the learning curve for newcomers and enhancing workflow efficiency for professionals.

“Human-machine interaction should be intuitive but powerful,” says Mega UX Hardware Architect. “This interface allows users to monitor and command system-level processes in real time—without navigating nested menus or external software.”

This fusion of tactile control and digital intelligence marks a new era in user-machine interaction.

Curved Surface Engraving: Axis-Synced Auto-Focus System

Inspired by user demand for cup and tumbler engraving, Monport set out to make mass curved surface engraving both precise and scalable. The result: a synergy of visual recognition systems and automated conveyor belt components built into the MEGA 70W CO2 Laser line.

  • Computer vision algorithms enable flawless real-time object detection, precise alignment, and dynamic adjustment for various shapes and materials.
  • Mass production functionality allows users to engrave hundreds of items with consistent quality, boosting productivity for small businesses and large-scale operations alike.
  • With smart conveyor integration, MEGA 70W CO2 Laser ensures seamless material flow, solving common challenges like uneven spacing or misalignment during batch engraving.

“We engineered it to engrave as if every surface was flat,” shares Mega Senior Mechatronics Developer. “By syncing Z-axis adjustments with curvature data, we created a system that adjusts on the fly without compromising precision.”

This system provides the power of industrial automation with the flexibility needed for personalized production—making MEGA 70W CO2 Laser the perfect tool for creative entrepreneurs.

Try Before You Fully Buy: A Commitment to Confidence

Understanding that investment decisions matter, Monport offers a 60/30 Try-Before-You-Buy Program. Customers pay just 60% upfront, with 30 days to test the machine before finalizing their purchase. It’s a bold offer that reflects Monport’s confidence in MEGA’s performance—and a rare opportunity for buyers to explore the future of laser engraving risk-free.

A Smart Machine for a Smarter Future

From sustainability to safety, precision to mass production, the Monport MEGA 70W CO2 Laser is more than a laser—it’s a complete engraving solution engineered for the future of manufacturing, design, and creativity.

Whether you’re a small business scaling operations, a workshop exploring new product lines, or a professional demanding uncompromising performance, MEGA’s story is one of purpose, power, and progress.

For more information about Monport MEGA, visit this link. Shop Now and experience Mega laser, Mega revolution.

About Monport
Monport Laser is a leading provider of precision laser engraving and cutting machines for makers, small businesses, and industrial professionals. Known for quality, innovation and community-driven service, Monport offers a full range of CO2 and fiber laser systems built to empower creators at every level.

Media Contact

Company: Monport Laser

Email: official@monportlaser.com 

Website: https://www.monportlaser.com/ 

Relativity Champions Access to Justice Through Digital Innovation

Celebrating innovation and impact, Relativity’s Justice for Change program brings modern tools to pro bono legal work

CHICAGO, April 30, 2025 /PRNewswire/ — Relativity, a global legal technology company, today announced that it is being honored for the recent work of its Justice for Change program, which empowers organizations seeking to positively impact social justice. Since the program’s launch in 2020, there are now 200+ matters globally, over 7 million documents in Justice for Change workspaces, and more than 90 organizations involved or directly benefiting from Relativity’s technology to enhance pro bono work.

“Relativity is humbled to be recognized in both the 2025 Wiley A. Branton Awards and the 2025 Halo Awards,” said Johnathan Hill, Global Program Manager for Social Impact and Community Engagement Lead at Relativity. “Through our Justice for Change program, we are helping address real barriers in the legal system—but we know we cannot do it alone. That is why collective action is so important; by working together to help legal organizations digitize their physical records, we are making space for greater access to justice. Relativity is proud to do this alongside our partners and the broader legal community.”

Harnessing breakthrough technology to drive meaningful change

At the 2025 Wiley A. Branton Awards Luncheon, leaders from the bench, bar, media, government and public interest law community will gather to celebrate the accomplishments of the Washington Lawyers’ Committee for Civil Rights and Urban Affairs (WLC) and honor pro bono law firms and corporations that have promoted racial justice and economic equality.

For their collaborative efforts to increase access to justice, WLC will present Relativity with the 2025 Corporate Citizen Leadership Award, which recognizes that justice and equality require a whole-of-society response. In 2024, WLC became a pro bono recipient of Relativity’s software through the Justice for Change program, which provides qualifying organizations with 500GB worth of RelativityOne use among 10 users over 24 months.

Justice for Change and Relativity’s ecosystem partner, Epiq, provided WLC and a coalition of civil rights advocate organizations with software and dedicated technical support to help investigate for their January 2024 report, entitled Targeted, Labeled, Criminalized: Early Findings on the District of Columbia’s Gang Database. The production of the report required WLC to obtain and review thousands of documents, which were housed on Relativity’s platform at no cost. The report highlights that the District of Columbia Metropolitan Police Department’s Gang Tracking and Analysis System is inaccurate, racially discriminatory, and lacks procedural safeguards for the civil liberties of DC’s Black and Brown residents.

The authors aim to address the surveillance system’s fundamental flaws and take immediate steps to reduce its racially disparate impact. The report sparked media discussion about the database’s unreliable intelligence, revealing that membership often reflects race and zip code more than criminality. The list of 1,951 labeled as “gang members” or “associates” frequently includes people without specific suspicion of criminal activity. Ultimately, the public scrutiny surrounding the problematic nature of the database led to a reduction in the database size by nearly 50 percent.

“Justice for Change made it possible for us to effectively manage the gang database project,” said Ryan Downer, Legal Director at Washington Lawyers’ Committee for Civil Rights and Urban Affairs. “Without the benefit of Relativity, we would have been at a huge disadvantage. Our partnership with Justice for Change gave us the support we needed to get the job done.”

In addition, Relativity, Epiq and WLC were recently named Silver Winners at the 2025 Halo Awards, which honors excellence in corporate social impact. For 23 years, the Halo Awards have recognized the most innovative and effective partnerships between companies and nonprofits, highlighting initiatives that go beyond good intentions to deliver measurable impact for both business and society.

Relativity, Epiq and WLC’s collaboration through the Justice for Change program was awarded in the Best Technology for Good Initiative category, which recognizes initiatives that demonstrate impactful and innovative use of technology to address social challenges, driving positive change and sustainable solutions.

“The WLC is doing important work. It’s an honor to provide WLC with Relativity access and expertise, and to ensure they realize successful outcomes,” said Doug Mazlish, Senior Vice President, Strategic Alliances and Business Operations at Epiq. “We’re inspired by the positive impact that Relativity and the Justice for Change program are making, and the partnership we continue to build.”

Partnering to bridge the digital divide in legal aid

While assisting WLC with an internal project, Relativity identified a key challenge for current and prospective pro bono participants. Often, organizations’ hesitation to adopt e-discovery solutions is not due to complexity or use case, but because many are still constrained by paper documents.

Throughout its 56-year history, WLC accumulated hundreds of boxes of hard-copy client files, occupying precious office space and forcing the organization to rent warehouse storage at a cost of tens of thousands of dollars annually. Upon hearing of this burden, the Justice for Change team coordinated with a vendor to begin converting the paper files into electronic files.

Relativity’s assistance is expected to generate significant long-term savings for WLC, including approximately $50,000 per year in off-site storage costs. For often under-resourced pro bono organizations, such savings have the potential to support the hiring of additional staff or enhance internal operations to better serve their mission.

To formalize and scale this work, Relativity launched an initiative aimed at helping pro bono legal organizations digitize their paper records and transition to modern, more accessible workflows that ultimately aid in case management. In partnership with Page One, a provider of e-discovery and litigation support services, Relativity has helped digitize documents for two Justice for Change pro bono recipients to date: Innocence Project and WLC. In the first month of the project, Page One scanned approximately 84,000 pages. Through this collaboration, Relativity donated approximately $40,000 in 2024 to scan more than 100,000 documents and has committed additional funds to expand the program’s efforts.

“When Relativity asked us to support their Justice for Change initiative, we jumped in immediately—within a week, we were onsite determining what needs to be scanned,” said Ashley Price, Litigation Support Specialist at Page One, Inc. “Helping groups like the Washington Lawyers’ Committee and the Innocence Project go digital aligns perfectly with Page One’s mission to make a meaningful impact through our expertise.”

“The resources we received from Justice for Change helped the Innocence Project and our lead counsel partners at the Hawai’i Innocence Project win a client’s exoneration and freedom after 23 years of wrongful incarceration. They also assisted the Innocence Center in their successful representation of our client’s brother,” said Barry Scheck, Co-Founder and Special Counsel at the Innocence Project. “The case file was enormous, and our teams were working thousands of miles apart. Relativity tools and training saved us precious time—time that ultimately amounted to fewer days in prison and more time as a free man for our innocent client. We are immeasurably grateful for Relativity’s support.”

In collaboration with partners like Page One and Epiq, Relativity is investing in the transformation of pro bono work by helping nonprofit organizations reduce costs, improve efficiency, optimize staff resources and adopt cutting-edge solutions. Technology partners interested in learning more or participating in this initiative should reach out to socialimpact@relativity.com.

About Relativity
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product, RelativityOne, manages large volumes of data and quickly identifies key issues during litigation and internal investigations. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Please contact Relativity at sales@relativity.com or visit www.relativity.com for more information.

Blockstream Mining Announces Strategic Focus on Proprietary Mining and Vertical Integration

Backed by $350 Million in Financing, Company Scales Infrastructure with Over 120,000 Miners Acquired Since Spinout

MONTREAL, April 30, 2025 /PRNewswire/ — Blockstream Mining, now operating as an independent entity, today announced its sharpened strategic focus on proprietary mining and full vertical integration. The company, which has been a foundational player in the global Bitcoin mining ecosystem since its inception, will concentrate on expanding its self-mining footprint while building the energy infrastructure required to support long-term scalability and resilience.

Following its spinout from Blockstream earlier this year, Blockstream Mining has secured over $350 million in financing, including equity, debt, and tokenized asset sales. The capital raise has enabled rapid execution on key infrastructure initiatives, including the acquisition of over 120,000 miners to fuel the company’s next phase of growth.

“Bitcoin mining is no longer just about machines and megawatts—it’s about owning and optimizing the entire value chain,” said Chris Cook, CEO of Blockstream Mining. “As the industry matures, those who control their own energy and infrastructure will be best positioned to thrive. We’re doubling down on our mission to be one of the most efficient, vertically integrated mining operations in the world.”

Blockstream Mining is deploying capital toward the development of new energy generation assets—particularly renewable and hybrid power systems—to reduce dependence on third-party providers and shield operations from energy market volatility. This approach supports cost stability, improves environmental performance, and ensures maximum uptime across its expanding fleet.

The vertical integration roadmap includes:

  • Expansion of Proprietary Mining: Rapid growth in self-mining capacity across North America, anchored by cost-effective, high-uptime sites.
  • Infrastructure Ownership: Continued investment in power infrastructure and on-site energy generation to maintain control over critical operational inputs.
  • Operational Excellence: Leveraging Blockstream’s engineering legacy and technical depth to drive efficiency across deployment, cooling, and energy management.

Chris Cook, who launched Blockstream Mining and has led the business since its inception, serves as CEO of the newly independent company. Dr. Adam Back, Co-Founder and CEO of Blockstream, will continue to play a valued role in the company’s strategic direction as Chair of the Advisory Board. In this capacity, Dr. Back will provide high-level guidance on technology, infrastructure development, and capital strategy, helping to ensure that Blockstream Mining remains at the forefront of Bitcoin mining innovation.

As part of the spinout, the Blockstream Satellite program — which broadcasts Bitcoin’s blockchain globally via satellite to enhance network resilience and accessibility — will also transition under the new entity’s stewardship. Blockstream Satellite is already an integral part of Blockstream Mining’s operations, providing connectivity for mining sites in remote locations where traditional internet infrastructure is unreliable or unavailable, further strengthening the company’s commitment to security, uptime, and decentralization.

Blockstream Mining has always been about delivering secure, scalable Bitcoin infrastructure,” said Dr. Adam Back. “With this transition, Chris and the team are exceptionally well-placed to carry the vision forward—scaling with independence, deep technical expertise, and a steadfast commitment to Bitcoin’s long-term success. I look forward to collaborating in this next chapter to build something truly enduring.”

“We’re proud of our roots and even more excited about what comes next,” added Cook. “With strong capital backing, clear focus, and full control over our operations, we’re building the backbone of Bitcoin’s future—one megawatt at a time.”

For media inquiries or more information, please contact:
press@mining.blockstream.com

Welcome to the 1V1 Trading Arena: Bybit Blends Gameplay With Real Crypto Wins for Pro and New Users

DUBAI, UAE, April 30, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the 1V1 Trading Arena, gamifying trading experience for crypto pros and beginners in the first ever 1-on-1 trading battle on Bybit. The competition allows eligible Bybit users to battle another individual trader and share in $1,000,000 in airdrops.

Designed for both seasoned pros and newcomers, the event offers rewards for every trading style. From now until May 22, 10AM UTC, participants can engage in direct PnL (Profit and Loss)-based battles against fellow traders.

Highlights

  • Pro Trader Face-Offs: Users may race one another without having to join squads, allowing individual traders to demonstrate their tradecraft to the fullest.
  • Performance, Not Size: The trader with the higher Profit and Loss percentage will emerge victorious, no matter the invested amount.
  • Flash Rewards in Seconds: The winning trader will get to claim the rewards of each match immediately.
  • Race at Their Pace: Participants can choose their own battle mode from 1 to 4 hours–Blitz, Rush, or Endurance. Bybit’s powerful trading tools are at their disposal to help them set positions and automate entry and exit points.

In addition, newcomers will get a chance to join a lucky draw and win up to 100 USDT when they win the first match. Users may also receive referral bonuses of up to 20% of the referees’ points.

Tune in Live: The Ultimate KOL Trading Battle

The 1V1 Trading Arena reinvents traditional trading competitions and enables users to take full control of their portfolios and strategies, blending gameplay with rewards powered by Bybit’s suite of trading solutions.

The stakes are about to get higher on May 7 where two influential crypto traders will compete head to head on Bybit Live. The audience will get to witness the drama unfold in real time, hear tips on how to get the most out of the campaign from the trading pros, while taking part in interactive giveaways for a chance to win from a 1,000 USDT prize pool during the session.

Terms and conditions apply. To find out more about the unique trading competition, users may visit: 1V1 Trading Arena: Face-off for big rewards!

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press 

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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