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Press Release

GSN — A Next Generation Solution for Social Credit

Published

5 years ago

on

In 1894 AD, ancient Babylon was born. As the first dynasty of mankind, a system of social credit also existed. After a long history of development, the world’s social credit system has been dominated by the government, with developed countries in Europe and America acting as major stakeholders. The central credit registration system in these countries is the institution that serves the central bank or the commercial banks that carry out monetary policy.

A centralized credit registration system is only the internal credit risk control tool of the bank, but can not replace a social credit system. The emergence of local social credit intermediaries in Europe, America and other countries has complemented the central credit system. However, there are many illegal profit schemes in the private credit investigation organizations.

On January 3, 2009, the Bitcoin Genesis Block was first mined, bringing forth the blockchain revolution. It has brought to the world a revolutionary decentralized credit system, laying a solid foundation of “trust” and creating infinite possibilities.

Today, the GSN (Global Sponsorship Network) is based on blockchain technology. It uses open source technology based on cloud storage providers DCDMF (Distributed Credit Data Management Framework) which is the personal credit data management framework. Through this framework, the user can quickly use the data as required, and export credit data in the GSN platform to carry out social activities.

In the system design of GSN, people can choose whether to participate in the economic cycle matching mechanism according to the credit report provided by the platform and the ledger data of the blockchain explorer, so that the market can operate under the decentralized service. In this way, the choice based on credit in the platform goes back to the user, rather than to the third party intermediary. Market participants are rewarded through the AI algorithm of the GSN platform, which is configured according to the amount of data and uses the blockchain system.

GSN (Global Sponsership Network) has been committed to creating a circular economy scenario suitable for the mass market, adhering to the purpose of providing the most suitable financial services for everyone.

  • Create Value with Credit

In view of the development status of the social credit system, GSN adopts a decentralized and transparent data disclosure system to establish a flat user operation platform covering a vast variety of business industries and provide social credit inquiry windows for enterprises and individuals to accelerate the circulation of social finance.

  • Achieve Quality with Service

Compared with the traditional central credit rating and social intermediary credit service agencies, the GSN credit platform uses blockchain technology and distributed storage. On such a “public ledger” platform, the security, circulation and convenience of use outclasses any previous complex and cumbersome centralized credit platform.

● Looking to the Future with Science and Technology

With the development of economic globalization, trans-regional and trans-national social and economic activities are increasingly frequent, and the credit system in many regions of the world has lost its significance. GSN has established a decentralized credit system that is in line with the global economy. Across the world, GSN membership has expanded to 58 countries. In the future, GSN will continue to build a world-class social credit system and deepen the influence of GSN’s social credit through groundbreaking technology.

In 2020, when the global epidemic broke out, about 20.5 million people in the United States lost their jobs, and the unemployment rate soared to 14.7%, which is the highest since the 1930s except for the Great Depression. In Europe, 10% of small and medium-sized enterprises face bankruptcy, and most people are at risk of losing their jobs.

On the back of this global outbreak, the GSN Global Social Credit System has helped countless families and businesses with integrity.

At this point, let’s go back to our original dream to achieve the future with credit, and break national boundaries to build a community with a shared future for mankind — GSN.

We hope everyone gets rich and has a more prosperous life!

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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

Fulcrum Launches Fully Insured Crypto Lending Platform Offering Up to 12% APR on BTC, 13% on SOL and 14% on USDT

Published

7 hours ago

on

November 4, 2025

By

Program offers unique option for crypto interest payouts, and crypto backed loans to empower investors to exceed traditional returns

Zug, Switzerland, 4th November 2025, ZEX PR WIRE, Fulcrum Lending, the crypto-backed financial services provider, today announced the launch of its platform. Fulcrum is tailored exclusively for investors, individuals or businesses, looking to achieve higher returns on major crypto (BTC, ETH, BNB, SOL) and stablecoin deposits (USDC, USDT). With annual returns of up to 14%, full-insurance, FINMA license and the interest payouts in the crypto deposited; the platform offers investors a secure, high-yield alternative to traditional savings accounts. The platform has been in beta and alpha stages for the last 6 months and now it’s celebrating its release.

New Alternative to Outpace Inflation

Traditional savings accounts struggle to keep pace with inflation, often leading to a gradual loss of value for investors. Crypto saving accounts do offer higher returns, but they don’t offer insurance for incidents that are common in crypto space. Fulcrum offers an alternative that combines predictable high returns of crypto with a fully insured and licensed platform, allowing investors to grow their savings faster than inflation with peace of mind. This platform is designed to empower individuals with greater financial control, helping them to break away from low-yield savings accounts and achieve more flexibility in their financial plans.

“Fulcrum has always been about empowering our community with innovative ways, and we prove this commitment by providing investors with a high-yield alternative to traditional savings accounts, while giving them a peace of mind with full insurance and regulation” said Matthew Curtis, CEO and Founder of Fulcrum Lending.  “We operate a strict regulatory licensing and compliance rigidly in all operations, ensuring your trust in us is well-placed. We are licensed and regulated by Swiss financial authority FINMA. We also hold all customer assets in a qualified custody Fireworks, and we fully insure them. We offer you best rates on the market no matter the market conditions are, and our team is available 24/7”.

Key Features of Fulcrum Platform

  • Earn up to 12% APR on BTC and ETH, 13% on SOL and BNB
  • Earn up to 14% APR on USDT and USDC
  • Borrow USDT at 16% APR
  • Predictable rates that don’t change with market conditions
  • Full Insurance of user deposits by Lloyd’s of London
  • Licensed and regulated by Swiss financial authority FINMA
  • Backed by known incubator YCombinator
  • Customer assets stored by trusted digital asset custodian Fireworks
  • Flexible withdrawal options of daily, monthly, quarterly and semi-annually

Unlike many crypto yield products that rely on high-risk trading strategies, Fulcrum generates returns exclusively from lending activity on platform providing over-collateralized loans, ensuring a lower risk profile for investors. This means the customer deposits are used to fund secured loans, not volatile trading ventures. Fulcrum also guarantees that crypto payouts are held in full reserve and never leveraged—your crypto is always protected and not exposed to additional risk.

“We’re able to offer investors a compelling alternative to traditional savings accounts that’s built on the foundation of our secure, over-collateralized loan book,” said Andrew Owen, Chief Revenue Officer at Fulcrum. “We only have the option of 50% loan-to-value ratio. That means for every 1 BTC worth of credit, we get 2 BTC as collateral.”

How the Fulcrum Interest Account Works

Fulcrum platform accepts deposits in crypto (BTC, ETH, SOL, BNB) and stablecoins (USDC, USDT). Investors will be able to receive monthly interest payouts in the crypto they deposited, giving them the flexibility to tailor their returns to their financial goals. Withdrawals are available after different lock-in periods, differing from 1 day to 6 months. The more the platform users lock-in funds in the platform, more returns they receive.

How the Fulcrum Borrowing Works

With Fulcrum, anyone can have access to borrowing power of up to $1 million by using their crypto assets as collateral, within 24 hours and with no credit history required. In this way they can borrow cash and hold their coins to see them grow while avoiding taxes. Fulcrum offers over-collateralized crypto-backed loans, stored in qualified custody, and only with 50% LTV. The automated platform provides instant funding in USDT.

Availability of Fulcrum platform

Fulcrum platform is now accessible to individuals and corporate investors seeking a secure, high-yield alternative to traditional saving and borrowing options.

About Fulcrum Lend

Founded in 2025 and headquartered in Switzerland, Fulcrum Lending is the pioneer of fully insured crypto-backed lending. Fulcrum’s mission is to build and enable simple, familiar, and novel crypto financial products that increase access to financial opportunities and give consumers more control over their ability to generate long-term wealth.

Fulcrum’s crypto lending products enable its users to receive interest in their idle crypto assets and seamlessly access credit against their crypto portfolios. For more information, visit https://fulcrumlend.com

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Press Release

Finitex Launches New Professional Disposable Gloves

Published

8 hours ago

on

November 4, 2025

By

Finitex launches a new generation of FDA-compliant disposable gloves on November 5, 2025, trusted by the healthcare, food service, and beauty industries for their protection, comfort, and tactile sensitivity.

Chino, California, United States, 4th Nov 2025 – Finitex medical-grade nitrile exam gloves meet FDA standards, offering latex-free, powder-free protection suitable for clinical, dental, and laboratory use. Their 4 Mil thickness and micro-textured fingertips provide reliable grip and dexterity for precise, sensitive procedures. The hypoallergenic nitrile material minimizes irritation even during long wear.

“We engineered Finitex gloves to balance barrier protection with tactile feel,” said a Finitex spokesperson. “In healthcare, every detail matters. Our goal was to make protection feel effortless.”

To celebrate the launch of the new Finitex nitrile gloves offering the following promotional pricing:

1000pcs – 4mil Blue Nitrile Gloves $59.99 (Reg $79.99) – Code:BN20

1000pcs – 3.5mil Rose Red Nitrile Gloves $69.99 (Reg $99.99) – Code:RR20

1000pcs – 8mil Black Diamond Pattern Nitrile Gloves $109.99 (Reg $189.99) – Code:BD60

Food Service: Safety and Compliance at Every Step

In the food industry, hygiene and reliability are essential. Finitex food-safe nitrile gloves comply with U.S. FDA food contact regulations and provide excellent puncture and oil resistance, making them ideal for kitchens, catering, and food processing.

Unlike vinyl or latex options, Finitex nitrile gloves maintain their structural integrity under extended use, reducing glove waste and improving workflow efficiency.

“Food handlers rely on gloves that don’t tear, slip, or contaminate,” the spokesperson added. “Finitex delivers reliability that professionals can trust during every shift.”

Beauty and Wellness: Designed for Touch and Expression

For stylists, estheticians, and tattoo artists, precision and comfort define performance. Finitex’s 3 Mil and 5 Mil nitrile glove lines offer flexibility, control, and tactile sensitivity for handling dyes, pigments, or cosmetic products.

The Rose Red 3 Mil Beauty Series provides lightweight comfort and chemical resistance for salon professionals, while the Black 5 Mil Industrial Series offers durability and sleek aesthetics favored by tattoo and grooming experts.

Commitment to Sustainability and Ethical Production

Finitex gloves are manufactured in ISO 9001 and CE-certified facilities, upholding rigorous global quality and ethical standards. The company also integrates eco-efficient production and packaging methods to minimize environmental impact.

“Sustainability and safety are not opposing goals—they’re part of the same vision,” said the Finitex representative. “Our responsibility is to protect people and the planet simultaneously.”

About FINITEX：

Founded in 2017, Finitex is a U.S.-based brand of Titans Medicare Inc., specializing in high-performance nitrile disposable gloves for professionals in healthcare, foodservice, beauty, and industrial fields. Finitex products meet international standards, including FDA ertifications.The company operates in North America, the EU, China, and Thailand,  employing over 1,000 people across four global locations.

Media Contact

Organization: Titans Medicare Inc

Contact Person: Finitex Cecilia

Website: https://www.titansmedicare.com/

Email:
finitex@titansmedicare.com

City: Chino

State: California

Country:United States

Release id:36472

The post Finitex Launches New Professional Disposable Gloves 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

Chobes Digital Asset Center Advances Global Compliance Strategy

Published

8 hours ago

on

November 4, 2025

By

Chobes Digital Asset Center reinforces its brand with a compliance-first strategy and institutional operations focused on transparency and trust.

Chobes Digital Asset Center, a global digital asset trading and technology platform, has announced a strategic initiative to strengthen its international presence through a compliance-centered operational framework.
This approach reflects the company’s long-term vision of aligning innovation with regulatory integrity, establishing Chobes as a trusted name in responsible digital finance.

Compliance as the Foundation of Growth

At the core of Chobes’ strategy lies a belief that sustainable innovation in finance must be built on compliance and accountability.
The company has enhanced its internal governance systems, introducing advanced regulatory monitoring, audit readiness, and standardized reporting mechanisms to support transparent and secure operations across all regions.

Nathan Grayson, Director of Compliance Affairs at Chobes Digital Asset Center, commented:

“Compliance drives confidence. Our global operations are designed to ensure clarity, accountability, and user protection across every market we serve.”

Institutional Operations and Global Trust

Built on institutional-grade infrastructure, Chobes integrates rigorous oversight, independent reviews, and adaptive risk controls to maintain reliability and efficiency.
This structure ensures operational excellence while reinforcing the company’s reputation as a responsible, regulation-aligned platform for both individual and institutional participants.

By maintaining strict adherence to global compliance expectations, Chobes Digital Asset Center continues to advance its mission of combining innovation with integrity — shaping a brand defined by transparency and trust.

About Chobes Digital Asset Center

Chobes Digital Asset Center is a global digital asset infrastructure platform focused on compliance, security, and intelligent trading solutions.
Through its governance-driven operations and commitment to transparency, Chobes continues to promote responsible innovation and strengthen user trust across the digital financial ecosystem.

Further Information and Official Resources:
https://www.chobes.digital
https://www.chobes-digital.com
https://www.chobes-overview.com
https://www.chobes-inspect.info
https://www.chobes-asset.center

Media Contact

Organization: Chobes

Contact Person: Nicole Foster

Website: https://chobes.com/

Email: Send Email

Country:United States

Release id:36529

The post Chobes Digital Asset Center Advances Global Compliance Strategy 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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Cloud PR Wire

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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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