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Justin Sun Shells out $1.1 Billion to Turbocharge the Growth of TRON’s Ecosystem

SINGAPORE – Media OutReach – 5 November 2021 – Three years after its MainNet launch in 2018, TRON has built a full-fledged ecosystem through its sustained efforts. It has expanded into many competitive fields including DeFi, NFT, stablecoins, and distributed storage, outdoing Ethereum and EOS in terms of metrics on many fronts. With its rapidly rising clout across the globe, TRON has emerged as a mainstay in the industry. 

 

TRON founder Justin Sun recently tweeted about his plan to establish a $1,111,111,111 (roughly $1.1 billion) fund to power the growth of the TRON ecosystem. It is reported that the fund will be used to provide developers with more efficient and affordable developing tools. Meanwhile, it can also allow the protocols in the network to yield more returns while giving users access to transactions at the lowest costs. 

 

In effect, the TRON ecosystem has seen its heyday under Justin Sun’s leadership and has established itself in a number of popular fields, including DeFi, NFT, and stablecoins, etc. 

 

In the most popular DeFi race, TRON has extended its reach to a dozen of fields, including stablecoins, wallets, lending, exchanges, storage, cross-chain assets, liquidity mining, oracles, shielded transactions, social-networking, and games, among which JustLend and JustSwap rolled out by TRON have risen to be two hits. 

 

NFT, the hottest race of the year, is a space where Justin Sun and TRON will surely not miss. From earlier this year, Justin has been raking in world-class art pieces and works from established contemporary artists one after another. His collections, with a combined worth of over¥300 million, include “Femme nue couchée au collier” by Pablo Picasso, “Three Self-Portraits” by Andy Warhol, and “Ocean Front” by crypto artist Beeple. To facilitate innovation in NFT, Justin later donated most of his collections to APENFT Foundation, an organization specialized in registering artworks as NFTs on blockchains, which has since taken the NFT industry by storm.  

 

Besides launching the first NFT standard TRC-721 in March, TRON has improved the world’s largest distributed storage system BTFS, providing a comprehensive and efficient infrastructure for transforming artworks into NFTs on blockchain. It is also proactively making inroads into GameFi and NFTFi. 

Justin has also been leading TRON to go all-in on stablecoins. At present, TRON supports the on-chain circulation of major stablecoins such as USDC, USDT, TUSD, and USDJ, and the daily transfer volume of TRON-based stablecoins has topped $10 billion multiple times already.

 

Lately, TRON and BitTorrent officially launched the cross-chain scaling solution BitTorrent Chain (BTTC) with its Testnet enabled. As BTTC goes live, TRON will draw more users from other chains to its increasingly prosperous and diverse ecosystem, unleashing even greater potential.

 

It is not hard to tell that as one of the world’s top three public chains, TRON, boasting over 59 million users, has been continuously expanding its ecosystem under Justin Sun’s leadership. In view of TRON’s strong competitiveness, it is believed that the incredible potential of TRON will be unleashed in the near future, giving everyone engaged in this blockchain revolution invaluable rewards.

 

Introducing Oddle Reserve, Singapore’s First Free-to-use Reservation System with Table Management Feature to Support Local F&B Businesses

F&B businesses using the Oddle platform can enjoy greater cost-savings of up to a few thousand dollars with free access to Oddle’s new features including the QR-code ordering platform.

SINGAPORE – Media OutReach – 5 November 2021 – More than just an online ordering platform, Oddle has launched an all-new reservation system to support F&B merchants in these challenging times.

Launched in September 2021, the all-new free-to-use reservation system allows F&B merchants to enjoy more cost-savings with advanced features such as table management. With dine-in restrictions that kicked in on 27 September, restaurants will no doubt face a surge in reservations. This feature benefits restaurants, easing management of reservations, all whilst meeting the increased demand for seats.

In turn, the waitstaff can be freed up to handle other duties, thereby increasing overall productivity. With the replacing of order taking by hand, human error can also be minimised. This contactless ordering process also gives diners greater peace of mind when they dine out. Besides the free-to-use reservation system, F&B merchants will also get free access to Oddle’s QR-code ordering platform.

“As a restaurant-first organisation, Oddle believes in investing in innovation that will bring benefits to our merchants,” says Jonathan Lim, founder of Oddle. “As part of our Online-To-Offline (O2O) mission, we aim to help restaurants bring offline customers online and online customers offline. Within the first month of our launch, we already saw 300 restaurants sign up for the reservation system, including YUN NANS, Lai Haut Signatures, Tsukada Nojo, Orchid Live Seafood and Pizza Express, among others. By using Oddle’s offerings, the restaurants have enjoyed cost-savings of a few thousand dollars annually.”


Empowering the F&B industry through innovation and partnerships

Since the start of Singapore’s circuit breaker in 2020, Oddle has helped more than 1,500 merchants ranging from single mom-and-pop stores, local chains like Paradise Group and Jumbo Group, as well as Michelin-starred restaurants like Odette, and Michelin Plate Keng Eng Kee pivot online. Oddle has also partnered with financial institutions such as UOB, Citibank, DBS and Mastercard to co-fund the restaurant promotions, bringing in sizable promotion funding for the restaurants for the upcoming month of October.

Oddle also stays ahead of the curve by being the first online food delivery platform to:

  • Give merchants ownership of their consumer data
  • Focus on helping merchants grow organic sales
  • Provide merchants a holistic ecosystem with a full suite of integrated solutions, which include:
  • o   F&B-centric ecommerce

    o   Integrated delivery support and management
    o   Free digital marketing support
    o   Consumers fronting marketplace with 0% additional commission (Oddle Eats)
    o   Free Reservation system with table management
    o   Free QR self ordering system

Consumer-fronting marketplace with 0% additional commission

Oddle also launched Oddle Eats in June 2020 as an additional free-to-use awareness and sales channel for its F&B merchants. Offering islandwide delivery, Oddle Eats currently has over 1 million users on its platform, allowing them to discover restaurants and order directly from. The brand has also launched its mobile app in August 2021, alongside new campaigns that are beneficial for both F&B merchants and consumers. The National Day S$56 bundles saw participation from 150 merchants. On 30 September 2021, Oddle Eats also rolled out a “Home-based Learning Curated Meals” to support busy parents as they juggle their work and familial commitments during the Stabilisation Phase. So far, approximately 60 merchants (and growing) have come onboard with affordable family bundle deals for 4 to 6 pax ranging from just $50.

About Oddle

At Oddle, every meal matters. Oddle connects the dots by connecting food makers & food lovers. Oddle’s mission is to enable F&B businesses to grow and manage their brands through an all-in-one integrated solution that is cost-effective. They aim to build a sustainable ecosystem that will take the F&B industry into the future.

Oddle stands out from the other delivery players in the market, as it shares and manages valuable consumer data with its respective merchants, enabling them to build direct relationships with their customers. Merchants can focus on their core business of producing quality food that their customers love with peace of mind as Oddle manages the other aspects of their business, including digital marketing services and logistics support.

Currently, Oddle has over 1,500 merchants on board, including high-end restaurants and chain restaurants such as Les Amis group, Imperial Group, Paradise Group, Dian Xiao Er, Arnolds, White Bee Hoon, Odette, Burnt Ends, and many more. The Oddle merchants also include a list of smaller independent restaurants which are enjoying the benefits of driving their brand awareness through Oddle.

Oddle Eats powered by Oddle – Every meal matters

Oddle Eats is the food discovery platform by Oddle, where food lovers can discover and order deliveries or take-aways from more than 1,500 Singapore’s best restaurants that can be delivered island-wide. Be it pre-ordering for the family, a meal for co-workers, a friend near or far, Oddle Eats allows that accessibility. Food lovers, your food discovery journey begins here at https://eats.oddle.me/.


#Oddle

Laos Confirms 959 New Cases of Covid-19 and One New Death

Covid-19 Update

Laos has recorded 959 new cases of Covid-19 across the country today and one new death.

Dachser renews IATA CEIV Pharma certification in Frankfurt

Frankfurt Airport branch demonstrably meets the highest service and quality standards in the transport of life science and healthcare products

KEMPTEN/FRANKFURT, GERMANY – Media OutReach – 5 November 2021 – Dachser‘s Frankfurt air and sea freight branch has once again received certification from IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma), demonstrating its capabilities in logistics services for the life science and healthcare industry.



 

The transport of life science and health care products must meet exacting standards. Drugs and other pharmaceutical products are often temperature-sensitive, urgent shipments that must be handled in compliance with a complex regulatory environment. As an industry standard, CEIV Pharma certification covers the specific requirements of senders of pharmaceutical products with regard to safe, correct, and efficient air freight services. “This recertification confirms our expertise in the life science and healthcare sector,” says Timo Stroh, Head of Global Air Freight, who is also responsible for the Life Science and Healthcare Logistics Business Field Solution at Dachser. “It certifies the highest standards of service and quality, which we provide to our customers through consistent processes and a GDP-compliant network.”

 

The same standards apply for recertification as for initial certification. CEIV Pharma certification requires internal and external training, a review of procedures for handling temperature-controlled life science and healthcare shipments, and an extensive assessment of these complex processes by two independent auditors.

 

“We consider it absolutely essential to meet international standards in the worldwide transport of sensitive products,” Stroh explains. “This benefits our customers. Our location at Frankfurt Airport is immensely important for our global network. As an international air freight gateway with its own charter connections, its direct link to Dachser’s tightly knit overland transport network, and the established CEIV Pharma setup, the location is crucial for the further development of our industry solution for customers in the life science and healthcare sector,” Stroh says.

 

Dachser Air & Sea Logistics CEIV Pharma certified on three continents

In addition to the Air & Sea Logistics branch at Frankfurt Airport, the other Dachser locations with this IATA certification are Shanghai, China; Mumbai and Hyderabad, India; and Atlanta, US. The Life Science and Healthcare Logistics Quality Management System is implemented on a global level to ensure uniform processes in all countries.

 

CEIV Pharma provides the pharmaceutical industry with a globally standardized and recognized certification for the handling of pharmaceutical products that meets and exceeds international standards and guidelines. These include the Good Distribution Practices (GDP) as defined by the European Union and the World Health Organization, the standards of the United States Pharmacopeia, and the IATA regulations for temperature-controlled transport.


About Dachser:

Headquartered in Germany, Dachser is one of the world’s leading logistics providers. Using its own in-house developed IT-systems, the company incorporates transport, warehousing, and value-added services to provide comprehensive supply chain solutions. Thanks to some 30,800 employees at 387 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 5.6 billion in 2020. The same year, the logistics provider handled a total of 78.6 million shipments weighing 39.8 million metric tons. Dachser is represented by its own country organizations in 42 countries on five continents. In Asia, there are branch offices in 48 locations across 12 Business Areas. Its Asia Pacific Regional Head Office is located in Hong Kong.

For more information about Dachser, please visit www.dachser.hk

#Dachser

Nearly 500,000 Unemployed in Laos Amid Covid-19 Pandemic

Unemployment rate soars in Laos
Lao migrant workers return home.

 

The Ministry of Labor has reported that nearly 500,000 people remain unemployed across the nation this year, including those already in the country and migrant workers who have returned to Laos due to the Covid-19 pandemic.

Tokyo Islands Seafood Fair, a Tokyo Marine Produce Proposal Session for the Restaurant Industry, Etc., in Bangkok, Will Be Held on November 17 (Wed.)

TOKYO, JAPAN – Media OutReach – 5 November 2021 – Tokyo Metropolitan Government and THAI OOI YAMAMOTO CO., LTD. will hold the Tokyo Islands Seafood Fair, a Tokyo marine produce proposal session for the restaurant industry, etc., in Bangkok on November 17,2021(Wed.)

 

While Tokyo is the largest city in Japan, it’s also home to nature-rich islands like the Izu and Ogasawara Archipelagoes. Rare, high-quality fish like splendid alfonsino are caught around these islands in the beautiful Pacific Ocean.

 

At the event, top chefs in Bangkok will cook fresh, air-transported marine produce from Tokyo and serve original dishes exclusively to participants.

 

In addition to providing original dishes, we’ll also distribute a recipe book full of culinary delights made using Tokyo’s marine produce and broadcast video clips introducing the marine produce of the Tokyo islands on the same day. Savor the dishes made using fish from the Tokyo islands and discover their charm through this event.

 

Tokyo Islands Seafood Fair Overview

Date: November 17, 2021(Wed.),13:00 to 15:00, 15:00-17:00 (JST +2) *2 sessions (the same contents)

Venue: Dusit Thani College Bangkok (15-minute by car from BTS Bang Chak station)

Aimed at: Restaurants, chefs, fishmongers, etc., around Bangkok

Event details: 

  • Messages from stakeholders
  • Product introductions (introducing the types and characteristics of Tokyo fish)
  • Sampling session (cooking demonstration), etc.

Sample dishes (planned): 

  • Shimazushi of Tokyo Fish
  • Boiled rice seasoned with soy sauce and mixed with Splendid Alfonsino and savory vegetables
  • Steamed blacktip grouper and clams with Sake, etc.   11 dishes in total

This project has been commissioned by the Tokyo Metropolitan Government. It aims to establish a continuous logistics scheme to help expand the sales channels for Tokyo’s marine produce, through holding a product proposal session, a fair at retail stores, and other events, and through PR activities associated with them.

 

Reece Group Taps Infor to Accelerate Growth

Australia’s leading plumbing and bathroom supplies business chooses Infor Warehouse Management Systems solution to optimise operations and enable further expansion

SYDNEY, AUSTRALIA – Media OutReach – 5 November 2021 – Infor, the industry cloud company, today announced that Reece Group, Australia’s leading plumbing and bathroom supplies business, has chosen Infor Warehouse Management Systems (WMS) multi-tenant SaaS to further optimise its operations and grow its business internationally.

Reece Group chose Infor WMS MT SaaS to enable quicker system rollout at new sites, improve operations, labour efficiency and speed up turn-around times while managing demand peaks and volumes.

 

Reece Group Chief Supply Chain Officer Marius Vermeulen said: “The ability to manage distribution centre activities more holistically, improving time, labour and cost efficiency, is vital for its growth plans, both domestically and overseas.”

 

“Reece Group currently supplies over 650 locations in Australia and New Zealand. We are designing our supply chain of the future with trusted partners and scalable technologies to ensure sustainable and efficient growth. A partner for over 20 years, Infor WMS fits the bill: it’s easy to configure and use, and offers a next-generation solution to drive the future of our business and keep us one step ahead of our customers’ needs.”

 

Infor WMS is an advanced warehouse management system that delivers much higher speed and accuracy. With embedded labour management and 3D visual analysis to reduce complexity, it provides unprecedented visibility into inventory, orders, equipment, and people to empower organisations to enrich service levels and increase product velocity.

Our business has grown over the last 100 years, and we are immensely proud of the supply chain network that has supported our growth throughout this time. Our people and customers are at the heart of what we do and our systems architecture is vital to ensure we’re setting our business up for the future and freeing up our teams to focus on improvement initiatives utilising the new SaaS WMS.

 

According to Grand View Research, the global warehouse management systems market is anticipated to reach US$8.1 billion by 2028, with a growing transition towards cloud-based management systems. Cloud-based WMS allows organisations to offload time-consuming tasks such as maintenance, infrastructure upgrades and maintenance which have to be carried out on on-premise software.

 

“Cloud-based solutions are transforming the operations of businesses of all sizes. It’s a much more efficient and scalable way to manage and optimise operations, especially at a time when we’re seeing logistics systems under unprecedented pressure. The benefits of Infor’s cloud-based warehouse management system which offers complete transparency as well as enabling end-to-end tracking are second to none,” said Jarrod Kinchington, managing director, Infor Australia & New Zealand.  “Infor WMS is central to helping businesses holistically manage distribution centres with the right tools to deliver exceptional operational capabilities.”

 

In July, Gartner positioned Infor as a Leader, for the third consecutive time, in its 2021 Magic Quadrant for Warehouse Management Systems. Infor was positioned in the Leaders quadrant for its ability to execute and its completeness of vision.

 

Download a complimentary copy of the 2021 Gartner Magic Quadrant for Warehouse Management Systems: https://www.infor.com/en-au/resources/gartner-magic-quadrant-for-warehouse-management-systems[i]

 

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

For more information:

Phyllis Tan

Infor Asia Pacific

phyllis.tan@infor.com

+65 9799 9133


[i] Gartner, Magic Quadrant for Warehouse Management Systems, Simon Tunstall, Dwight Klappich, 30 June 2021.

 

About Infor


Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 65,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.

About Reece Group

Reece Australia Pty Ltd (Reece) is Australia’s largest plumbing and bathroom supplies business, as well as eight others in allied industries. Reece’s plumbing and bathroom products are sourced both locally and internationally which can be found in over 600 locations across Australia and New Zealand. Reece continues to expand into fresh areas, developing new technologies and systems and pioneering innovative plumbing and bathroom products. To learn more, please visit www.reece.com.au.

Copyright ©2021 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com

#Infor

Cross-Chain Scaling Solution BTTC is compatible with BSC

SINGAPORE – Media OutReach – 5 November 2021 – On November 4, TRON made an announcement on Twitter, cross-chain scaling solution BitTorrent Chain (BTTC)  has been compatible with one of the mainstream public chains Binance Smart Chain (BSC), which means global users can directly transfer mainstream assets between TRON and BSC in a decentralized approach without any restrictions through BTTC.

 

According to our sources, BTTC is co-developed by the core teams of BitTorrent and TRON, and is the first heterogeneous cross-chain interoperability protocol in the industry. It features a PoS consensus mechanism and multi-node validation, and supports off-chain matching and smart contract extension through sidechains. These have endowed BTTC with core competencies such as a heterogeneous cross-chain structure, fast and cost-effective transfers, and asset security.

BSC is a community-driven, decentralized and open source public infrastructure platform. With over 1000 dApps building on top of it, BSC bolsters a community of 100M DeFi users.

The integration of BSC into BTTC will facilitate the circulation and exchange of cross-chain assets. The integration of more mainstream public chains like BSC into BTTC will knock down barriers standing in the way of information and asset exchange, enable smooth exchange of data and value, and further mitigate the island effect among different chains.

In his open letter to the community, TRON founder Justin Sun says, The BitTorrent Chain (BTTC) provides a scaling solution for mainstream blockchains around the world,and more importantly, enable heterogeneous cross-chain communication that is decentralized and free of trust, ushering in a new era of “connecting all chains”. It is safe to say that the launch of BTTC marks TRON’s first stride towards an era where all chains are connected.

According to public data, the recent achievements of TRON’s ecosystem are impressive. The number of its public-chain users has exceeded 58 million, pushing the number of total transactions beyond 2.5 billion, and its total value locked (TVL) has also surged past $11.5 billion. In addition to the public chain, TRON is also a leading player in other races such as DApps, DeFi, GameFi, and NFT, and boasts the largest circulating supply of stablecoins across the globe.