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GST Payment Public-chain: “Specific Medicine” for Economic Crisis under the Epidemic

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5 years ago

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The history of mankind is a history of fighting against the epidemic and a history of scientific and technological development. The COVID-19 epidemic had swept the globe in 2020, causing global economic hardship and countless people fought against the epidemic. However, the Blockchain technology greatly played the role of on-chain efficiency (namely its characteristics, such as openness and transparency, promptness and efficiency, and convenient interaction) during the epidemic. The innovation based on Blockchain and digital asset is still comprehensively carried out, and plays a very important role especially in such fields as intelligent digital management of the epidemic, cross-border payment and supply chain financial service.

Now, the Blockchain technology is increasingly being used in the emerging market and one of the primary causes is the availability of liquidity. Furthermore, there is a strict public health target and quarantine guideline now and people can realize necessary contactless experience via digital asset. It can be predicted that this new COVID-19 epidemic has caused many payment service providers to rethink their business and operating models.   

The digital asset is increasingly being recognized to be able to provide the convenience for payment, especially when it is combined with Blockchain technology. Although the epidemic still continues globally, the industry innovators have achieved remarkable growth in terms of extensible Blockchain payment solution. With Blockchain as the carrier, GST builds a new payment public Blockchain ecology, and enhances the payment speed and realizes high reliability, improves data transparency and accomplishes the reduction of long-term operating costs by the technical advantages of the Blockchain (such as distributed storage, openness, transparency and data traceability).

The cross-border payment is a good example. The real-time settlement of cross-border payment is deemed as a business requirement by many people and required by the consumers and enterprises. The GST Blockchain payment solution deeply has solved the problem relating to the cross-border payment and improved the portability and security of currency. GST can carry out payment and settlement in the premise of avoiding various central controls, is born with transnational nature, free from any geographical restriction and anonymous and tamper-proof, and can transfer the fund all over the world within several minutes.

Now, GST is carrying out GSTswap project. GSTswap is a completely decentralized digital currency exchange platform developed based on GST bottom layer. The functions of GSTswap (such as exchange, market-making capital pool and creation of trading pair) are realized by the smart contract. Each transaction is conducted by the wallet account with contract signature verification implemented, thus the record about each transaction can be found on the Blockchain; The market making is free without amount threshold limit. Everyone can participate in it and benefit from it.

Moreover, GST deems that when the financial crisis is incurred by the current epidemic, the DeFi on the Blockchain suddenly rises due to its special properties and functions and will help more people to deal with and even get rid of the crisis influence and become the “specific medicine” for overcoming the crisis, (such as avoiding risk of dollars entering the centralized stablecoins and potential financial needs vigorously promoting the DeFi lending).

There are many folk requirements of avoiding risk from buying dollars with other currencies via specialized channels and converting them into various dollar stablecoins. Because the stablecoin stock continuously increases, lots of idle centralized dollar stablecoins are with huge financial needs. Most of such stablecoins are ERC20 tokens issued via Ethereum (such as USDT and USDC) which is applicable to lending for bearing interest and transaction directly in the current DeFi agreement. As various stablecoin holders realize the liquidity and safety advantages of DEFI’s lending, there will be a large number of centralized stablecoins entering the DeFi lending and financing for bearing interest in the future.

GST also thinks that the DeFi payment and transaction will become the green channels of capital control country. Although the capital control is the requirement of protecting financial stability, it has seriously affected the normal trading and investment needs of enterprises and individuals actually, especially in some countries with relatively backward financial infrastructure, such as Egypt and Vietnam. The capital control will cause the citizens have no access to international financial infrastructure. The country’s financial infrastructure is inadequate, and even the country fails to provide the reliable basic financial services, such as cross-border transfer and transaction of financial assets. The GST DeFi payment is characterized by no border and resistance to review, as a result, the users in the controlled countries can carry out cross-border and domestic payment and transaction, and even invest DeFi synthetic assets to participate in international financial markets.

After each big crisis, some old industrial ecologies will be destroyed and the new formats will appear from the ruins. As the financial infrastructure established on the next-generation Internet, the Blockchain is believed to officially become the mainstream and provide the really inclusive, safe, reliable and reasonable financial services for the whole world after the unprecedented global epidemic+ economic crisis.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Visionet Strengthens Global Presence With London Office Opening Amid Rising UK Demand for AI & Cloud Services

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5 minutes ago

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September 18, 2025

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Visionet has expanded to Hammersmith, London, marking a key step in its global growth. The new office strengthens its UK presence, offering enterprise IT consulting, AI and cloud solutions, and fostering local talent and innovation.

London, United Kingdom, 18th Sep 2025 – Visionet, a global technology and digital transformation company, has officially opened its new London office. This milestone builds on the company’s established presence in the UK since 2021 and represents the next phase of its investment in the London market. This strengthens its European footprint at a time when demand for practical, production-ready AI and digital services is accelerating.

Headquartered in New Jersey with 14 offices worldwide, Visionet sees London as more than just another pin on the map. With its connectivity, deep talent pool, and role as Europe’s leading centre for inward investment, the city offers proximity to clients, regulators, and decision-makers in a region that is rapidly advancing AI adoption and governance. London provides a natural base for Visionet’s next chapter, positioning the company to play a meaningful role in the UK’s broader digital growth across Europe.

Expanding across Europe

Ali Zubairy, Head of EU/UKI at Visionet, stated: “London is both a financial powerhouse and one of the world’s most vibrant tech hubs. For us, this is about much more than a new address. It’s about being closer to the businesses we serve and investing in a market that’s setting the pace for AI adoption. Our focus is on helping companies take AI and digital solutions into full-scale production, ensuring they deliver measurable ROI. Building on our track record in enterprise transformations across industries, we are now enabling clients to accelerate their adoption of AI and digital platforms in ways that create tangible business impact.”

The expansion is part of Visionet’s wider strategy to stay technology-agnostic while still working closely with leading technology providers. The idea is simple: keep solutions flexible and cost-efficient so clients can scale at their own pace and address today’s business pressures to do more with less.

Services designed for the UK market

Jawad Khan, Country General Manager for the UKI market, explained: “UK businesses are looking beyond traditional digital transformation and increasingly want AI and cloud solutions rolled out at scale. Having a centrally located hub means we can respond faster, sit down with clients, and co-design the right solutions to keep them competitive in what’s fast becoming an AI-first economy.”

With the new office, Visionet is positioned to support a wide range of industries across the UK economy. This includes healthcare, where it supports private providers and national health services through digital health platforms and safety monitoring models. In retail and consumer goods, it modernises supply chains, enhances omnichannel operations, and improves customer engagement. For financial services and insurance, it applies automation and analytics to strengthen compliance, risk management, and efficiency.

Visionet also partners with public sector organisations, such as housing bodies and local governments, to streamline services through digital adoption. These are just some of the many areas where Visionet’s flexible, industry-focused solutions are already making a measurable impact.

More than just an office

“Our goal is to be in the centre of the UK’s digital ecosystem,” Jawad added. “Not just here in name, but actually helping shape where it’s headed. This means tackling the real challenges businesses face and working side by side with them to design and implement solutions that deliver measurable results.”

The Hammersmith space is designed as a hub for collaboration and innovation. It serves as a venue where Visionet can host enterprise clients for co-creation sessions, executive briefings, and design thinking workshops. The space features live demo booths that showcase their GenAI and Cloud Studio, enabling teams and clients to jointly explore, prototype, and scale practical solutions from concept to production.

Growing local talent

Part of the plan is also about people. By recruiting in London, Visionet hopes to create a diverse team that understands the UK market and can drive the next phase of digital innovation.

“Developing local talent is one of our priorities,” said Ali. “We want to offer opportunities for skilled professionals who can support clients right now while also shaping the future of digital transformation in the UK.”

Launch event

The inauguration event will bring together Visionet customers, industry leaders, and dignitaries for a day of networking and collaboration. Attendees will hear from company executives, experience live demonstrations of their GenAI Studio and Cloud Studio, and engage with peers to exchange ideas and best practices shaping the future of digital transformation.

About Visionet

Visionet is a leading IT services firm delivering digital experiences, enterprise modernisation, data & AI applications, and managed IT services. We leverage digital, data, and cloud technologies to meet clients’ needs efficiently. Serving diverse sectors, we simplify complexities and foster innovation. With a global presence, Visionet ensures measurable business impact and a unique partnership experience.

Media Contact

Organization: Visionet

Contact Person: Maheen Noor Soomro

Website: https://www.visionet.com/

Email: Send Email

City: London

Country:United Kingdom

Release id:34081

The post Visionet Strengthens Global Presence With London Office Opening Amid Rising UK Demand for AI & Cloud Services appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Tom Sawyer Plumbing Announces Extended Service Area Coverage Throughout West Chicago and 30-Mile Radius

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2 hours ago

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September 18, 2025

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Tom Sawyer Plumbing LLC expands service coverage throughout West Chicago and 30-mile radius, offering trusted drain cleaning and emergency plumbing services. The family-owned company treats customers like family, providing upfront pricing and quality workmanship without pushy sales tactics.

West Chicago, IL, United States, 18th Sep 2025– Tom Sawyer Plumbing LLC, a family-owned plumbing company known for treating customers like family, announces enhanced service coverage throughout West Chicago and all communities within a 30-mile radius. The expansion ensures more Illinois homeowners have access to the company’s trusted drain cleaning services in West Chicago IL and comprehensive plumbing solutions.

With a foundation built on trust, clean work, honesty, and integrity, Tom Sawyer Plumbing has established itself as the go-to plumber for residents seeking reliable, affordable service without pushy sales tactics. The company’s team of expert plumbers provides clear explanations, upfront pricing, and multiple repair options for every situation.

“We believe that family extends beyond blood relations, which is why we treat every client as part of our own,” said Dan, owner of Tom Sawyer Plumbing LLC. “This approach has helped us build lifelong relationships throughout West Chicago. Whether it’s an emergency at 2 AM or a scheduled installation, we handle every project with the care and attention we’d give our own homes.”

The company specializes in both residential and new construction plumbing, working closely with architects and builders to ensure seamless integration of plumbing systems in new properties. From fixing leaky faucets to installing complex plumbing systems, Tom Sawyer Plumbing’s skilled professionals are committed to excellence at every step.

Recent customer testimonials highlight the company’s dedication to service. “They were so nice, very clean, efficient in their work, and the prices were fair,” noted one long-time West Chicago resident who recently used their services for multiple plumbing needs.

For homeowners experiencing plumbing emergencies or planning new construction projects, Tom Sawyer Plumbing offers fast response times and quality workmanship throughout their expanded service area. The trusted West Chicago plumber maintains a strong community presence and continues building a stronger community, one satisfied customer at a time.

To schedule service or request a consultation, contact Tom Sawyer Plumbing LLC at (630) 849-9265 or visit their website at https://www.tomsawyerplumbing.com/.

About Tom Sawyer Plumbing LLC Tom Sawyer Plumbing LLC is a licensed, family-owned plumbing company serving West Chicago and surrounding communities within a 30-mile radius. The company provides emergency plumbing services, drain cleaning, new construction plumbing, and comprehensive repair solutions with a focus on honest advice and quality workmanship.

Media Contact

Organization: Tom Sawyer Plumbing, LLC

Contact Person: Daniel Ranallo

Website: https://www.tomsawyerplumbing.com/

Email: Send Email

Contact Number: +16308499265

Address:29W246 Grand Lake Blvd

City: West Chicago

State: IL

Country:United States

Release id:34100

The post Tom Sawyer Plumbing Announces Extended Service Area Coverage Throughout West Chicago and 30-Mile Radius appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

DW Plumbing LLC Offers Free Winter Plumbing Inspections for Indianapolis Homeowners

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2 hours ago

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September 18, 2025

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D.W. Plumbing LLC, a family-owned Indianapolis plumber, offers free winter plumbing inspections in September-October 2025. The 24/7 emergency plumbing company provides transparent pricing, honest service, and flexible financing to help homeowners prevent costly winter pipe damage

Indianapolis, IN, United States, 18th Sep 2025 – D.W. Plumbing LLC, a 24-hour emergency plumber in Indianapolis, announces free winter preparation inspections for homeowners throughout September and October 2025. The family-owned plumbing company aims to help Indianapolis residents prevent costly pipe damage before freezing temperatures arrive.

As a licensed plumbing contractor (License #PC12000081), D.W. Plumbing LLC specializes in residential and commercial plumbing services, including emergency repairs, routine maintenance, and system installations. The company operates 24/7 to serve customers experiencing urgent plumbing issues at any time.

The free winter inspection service includes evaluation of pipes, water heaters, outdoor faucets, and other plumbing components vulnerable to cold weather damage. During these inspections, D.W. Plumbing’s licensed technicians identify potential problems and provide recommendations for winterization.

D.W. Plumbing LLC distinguishes itself through transparent, upfront flat-rate pricing, eliminating surprise costs for customers. The company’s “Plumbing First, Sales Second” approach prioritizes honest assessments and necessary repairs over unnecessary upselling. This philosophy has earned the company numerous five-star reviews from Indianapolis area customers.

The plumbing company offers flexible financing options for customers who need to address urgent repairs but face budget constraints. These financing plans allow homeowners to complete necessary plumbing work without delaying critical maintenance.

Indianapolis homeowners can schedule their free winter plumbing inspection by contacting the 24-hour emergency plumber in Indianapolis through their website or by phone. The company serves Indianapolis and surrounding areas with both scheduled appointments and emergency response services.

For more information about D.W. Plumbing LLC’s services, including 24/7 emergency plumbing, water heater repair, drain cleaning, and pipe repair, visit https://dwplumbingindy.com/.

About D.W. Plumbing LLC 

D.W. Plumbing LLC is a family-owned and operated plumbing company serving Indianapolis, Indiana. Licensed and insured, the company provides comprehensive plumbing services for residential and commercial customers. With 24/7 availability, upfront pricing, and a commitment to customer satisfaction, D.W. Plumbing LLC has established itself as a trusted name in Indianapolis plumbing services.

 

Media Contact

Organization: DW Plumbing LLC

Contact Person: Daniel Webster

Website: https://dwplumbingindy.com/

Email: Send Email

Contact Number: +13175001009

Address:117 S Spencer Ave

City: Indianapolis

State: IN

Country:United States

Release id:34098

The post DW Plumbing LLC Offers Free Winter Plumbing Inspections for Indianapolis Homeowners appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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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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