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2021 BRICS Think Tank International Symposium Held in Xiamen: Grasp important development directions and promote practical cooperation in multiple fields

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On June 10th, the 2021 BRICS Think Tank International Symposium, co-sponsored by the China Council for the BRICS Think Tank Cooperation and the Xiamen Municipal People’s Government, with the theme of “Joining Hands to Build an Innovation Center to Create a Model of BRICS Cooperation” was held in Xiamen. More than 200 think tank experts, scholars and industry representatives from the BRICS countries discussed the construction of the BRICS innovation center through online and offline methods, and jointly sought practical cooperation among the BRICS countries.

Photo By Zheng Xiaodong

Xiamen is the venue for the ninth meeting of the leaders of the BRICS countries. In December last year, the innovation center of the BRICS Partnership on New Industrial Revolution was officially launched here. This year is the first year for the construction of the BRICS Innovation Center.

In the keynote speech at the opening ceremony, Guo Yezhou, Chairman of the China Council for BRICS Think Tank Cooperation and Vice Minister of the International Department of the Central Committee of the Communist Party of China, shared some ideas and thoughts on the construction of the BRICS Innovation Center by the China Council. He addressed that to build the BRICS Innovation Center, we must adhere to true multilateralism, uphold the principle of extensive consultation, joint contribution and shared benefits, strengthen unity, collaboration and strategic docking, and create a win-win and shared cooperation platform. We must persist in open innovation, tap the potential of the BRICS countries in the new generation of information technology, deepen industrial cooperation, integrate innovative resources, and create a pioneering zone for innovation cooperation. It is necessary to adhere to the “three-wheel drive”, focus on the three major areas of policy coordination, talent training, and project development, and create a key link for pragmatic cooperation. It is also important to adhere to sustainable development and realize the “carbon peak and carbon neutral” roadmaps respectively through cooperation and create a new benchmark for green development.

On behalf of the Xiamen Municipal Party Committee and Municipal Government, Zhao Long, member of the Standing Committee of the Fujian Provincial Party Committee and Secretary of the Xiamen Municipal Party Committee, expressed warm congratulations on the convening of the seminar and extended a warm welcome to the guests attending the meeting in Xiamen. He mentioned that Xiamen hopes to work with the BRICS think tanks to uphold the BRICS partnership spirit of “openness, tolerance, cooperation, and win-win”, be a good “staff” to study and put forward constructive and operable policy recommendations; be a good “promoter” to tell the story of BRICS cooperation, and spread the voice of BRICS development; be a good “liaison” to sow the seeds of friendship, build bridges of cooperation, and promote the continuous deepening of exchanges and expansion of cooperation among BRICS countries.

Huang Haikun, the vice governor of Fujian Province, expressed that to build the BRICS innovation center in Xiamen is a major historical mission given to Fujian and Xiamen by the Party Central Committee and the State Council. He hopes that everyone can give full play to the role of think tanks in gathering talents, gather the wisdom of BRICS, and work together to build the Xiamen BRICS Innovation Center into a landmark and exemplary cooperation platform for the BRICS countries under the framework of the new industrial revolution partnership.

Anil Kishola, Deputy President of the New Development Bank, announced in his speech that the New Development Bank will actively support the construction of the BRICS innovation center, share best practices and experience, and help the BRICS cooperation and innovation base construction.

Jin Xin, Secretary-General of the China Council for BRICS Think Tank Cooperation and Director of the Research Office of International Department Central Committee of CPC, presided over the opening ceremony. The leaders of the relevant departments of the Ministry of Industry and Information Technology and the Ministry of Science and Technology, and the leaders of the BRICS think tanks Brazil, Russia, India, and South Africa also gave speeches or video speeches at the opening ceremony. Xiamen City leaders Chen Qiuxiong, Huang Wenhui, Huang Yanqiang, Huang Xiaozhou, Lin Jian and Huang Guobin attended the opening ceremony.

At the seminar held that day, participants from the BRICS think tanks, business, and financial circles conducted in-depth discussions on topics such as promoting the construction of the BRICS innovation center, promoting investment and trade facilitation, and promoting financial innovation cooperation.

A number of guests pointed out that the new round of technological revolutions and industrial changes such as artificial intelligence, big data, and quantum communications have brought new opportunities and new key links to BRICS innovation cooperation. The construction of the BRICS innovation center should take digitization, intelligence, and networking as important development directions, and strive to promote pragmatic cooperation in the fields of digital economy, smart manufacturing, and green and low-carbon.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Allbridge Announces The New Hybrid Cross-Chain Architecture Combining Native Rails, Liquidity, and Privacy

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January 2026 – Allbridge has announced a new cross-chain architecture, designed to unify multiple bridging models into a single routing system that selects the most efficient transfer method per asset, chain pair, and market condition.

After years of operating traditional bridge infrastructure, the team says the industry’s main failures were not technical but user-facing: fragmented assets, unreliable arrival experiences, and dependence on liquidity that introduced hidden costs.

“Users don’t just want to move tokens – they want to move value and be able to act immediately on the destination chain,” said Allbridge’s founder. “The new architecture will be designed around that reality.”

A Hybrid Model Instead of a Single Rail

The new architecture integrates multiple existing transfer models rather than committing to a single architecture:

  • Native rails, such as Circle’s CCTP for USDC and USDT’s OFT model, are used where available.
  • Liquidity pools and intent-based fulfillment serve as fallbacks for routes where native rails do not yet exist.
  • A routing engine dynamically selects the optimal path based on asset type, supported chains, and current market conditions.

According to the company, this approach avoids forcing users into a single ecosystem or stablecoin universe and preserves access across both EVM and non-EVM chains.

Focus on UX

Beyond transfer mechanics, the next Allbridge architecture emphasizes what the company calls the “arrival experience,” including:

  • destination gas provisioning,
  • fee abstraction,
  • automated finalization, and
  • routing that avoids dead ends.

“These features are no longer differentiators – they’re requirements,” the team stated. “Without them, multichain still feels like a sequence of technical rituals rather than a single experience.”

Privacy as a Built-In Option

Allbridge new architecture also introduces optional privacy routing inspired by emerging Privacy Pool designs, aimed at improving user protection while remaining compatible with compliance frameworks

Transfers can be routed through dedicated pools with cryptographic commitments, allowing users to reduce public transaction traceability while preserving compliance options through relayer-based context handling.

The company describes this as a “user protection layer” rather than a separate product or a fully opaque system.

Roadmap for the Next Six Months

Allbridge outlined several priorities for the next development phase:

  • native-feeling stablecoin routing,
  • guaranteed transfer reliability via fallback mechanisms,
  • default integration of swap + bridge flows,
  • privacy as an opt-in routing mode, and
  • continued first-class support for non-EVM chains.

Positioning

Allbridge frames its strategy as “and, not or” – combining architectures rather than replacing them.

“If you think the future of bridging is one rail or one ecosystem, we disagree,” the company said. “Our goal is a system that chooses the right primitive per route, per asset, and per moment – without asking users to become liquidity engineers.”

Media contact:

Company Name: Allbridge

Contact Person: Andrii Velykyi

E-mail: av@allbridge.io

Website: allbridge.io

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Coinfari Introduces a Unified Digital Platform for Crypto Trading and Market Engagement

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New York, NyCoinfari, a digital asset trading and financial technology platform, today announced the launch of its unified ecosystem designed to support cryptocurrency trading, market monitoring, and community engagement within a single, streamlined environment. The platform has been developed to address increasing demand for accessible trading infrastructure and transparent market tools as global participation in digital assets continues to expand.

Coinfari brings together trading functionality, real-time market data, and user engagement features through a web-based and mobile-responsive interface. The platform supports multiple digital asset pairs and offers tools intended to accommodate a broad range of user experience levels, from individuals entering the crypto market for the first time to participants seeking more advanced trading capabilities. Its design emphasizes usability, performance stability, and operational clarity.

The launch reflects a broader industry trend toward platforms that integrate execution, analytics, and user interaction rather than relying on fragmented services. By consolidating these elements, Coinfari aims to reduce complexity for users while maintaining the technical depth required for active market participation. Platform development has focused on system reliability, efficient order execution, and clear presentation of market information.

Key components of the Coinfari platform include spot trading functionality, real-time pricing data, and order management tools designed to support informed decision-making. In addition, the platform incorporates engagement features such as user programs and activity-based incentives, which are structured to encourage consistent participation while maintaining a neutral, non-advisory framework. Coinfari does not position its services as financial advice and emphasizes user responsibility and informed participation.

Security and operational integrity remain central considerations in the platform’s architecture. Coinfari employs industry-standard practices related to system monitoring, access controls, and risk management processes to support platform resilience. Ongoing updates and infrastructure enhancements are planned as part of its long-term development roadmap.

Coinfari is structured to serve an international user base and is focused on expanding its operational reach in line with regional market requirements and regulatory considerations. Future updates are expected to include additional market tools, expanded asset coverage, and refinements to user experience based on platform performance and feedback.

More information about Coinfari, its platform features, and ongoing updates is available on the company’s official website.

About Coinfari

Coinfari is a digital finance and cryptocurrency trading platform offering market access, trading tools, and user engagement features within a unified ecosystem. The platform is designed to support transparent market participation and efficient digital asset interaction for a global audience.

Website: https://coinfari.com/

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Quantara Announces Availability of Blockchain Infrastructure for Institutional and Public-Sector Applications

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United States, 28th Jan 2026, – Quantara has announced the availability of its blockchain infrastructure platform designed for use in institutional, enterprise, and public-sector environments. The platform is intended to support applications that require data integrity, auditability, and long-term operational stability.

The Quantara infrastructure includes a secure digital wallet, an application layer for enterprise and public-sector systems, and a blockchain network designed for extended operational lifecycles. The platform is structured to support settlement processes, system-level transactions, and application-driven economic activity.

Quantara Announces Availability of Blockchain Infrastructure for Institutional and Public-Sector Applications

According to the company, the infrastructure has been developed for organizations that require predictable system behavior, verifiable records, and cryptographic validation across distributed environments. The platform is designed to operate independently of trading-focused mechanisms and is not positioned as a speculative exchange.

Quantara stated that the infrastructure is intended for use across sectors including government and public administration, banking and financial services, healthcare, energy and utilities, legal and compliance systems, education and research, and data-driven industries.

The company indicated that security and system integrity are central to the platform’s design. The infrastructure incorporates deterministic system architecture and cryptographic verification methods, with a development roadmap that includes support for post-quantum security standards.

Quantara’s platform is being positioned as a foundational technology layer for organizations seeking blockchain-based systems with long-term operational requirements.

Media Contact

Organization: Money Records LLC

Contact
Person:
Jay Anthony

Website:

https://www.quantarablockchain.com/

Email:

moneyrecordsllc@gmail.com

Contact Number: 17812520801

Country:United States

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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