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Academic Labs (AAX) Selected as the Official Educational Sponsor for the 2024 World Chess Championship in Singapore

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SINGAPORE – 28/11/2024 – (SeaPRwire) – Academic Labs (AAX), the trailblazing EduFi ecosystem built on the Solana blockchain, proudly announces its sponsorship of the 2024 World Chess Championship, taking place in Singapore from November 25 to December 13. As one of the main sponsors alongside Google, AAX celebrates this landmark event that sees global tech giants supporting the prestigious chess tournament for the first time in its history.

The 2024 World Chess Championship: Ding Liren vs. Gukesh Dommaraju

This year’s championship showcases a gripping battle between the reigning Chinese world champion Ding Liren and the 18-year-old Indian prodigy Gukesh Dommaraju. Ding, hailing from Wenzhou, China, has dominated the Chinese chess scene from 2009 to 2016 and claimed the world champion title in 2023 by defeating Ian Nepomniachtchi. Gukesh, on the other hand, is the youngest-ever Candidates Tournament winner and aims to make history as the youngest classical world champion, potentially surpassing the legendary Garry Kasparov’s record.

The championship, held in Singapore, is expected to draw an audience of 200 million viewers across more than 80 countries, with an estimated 40 million viewing hours. The event’s unprecedented global interest underscores chess’s enduring appeal and ongoing resurgence, unparalleled since the iconic 1972 World Championship.

“As a project founded by born and bred Singaporeans, we are immensely proud to sponsor this landmark event taking place in our city,” said Kingston Kwek, Chief Visionary Officer of AAX. “Having a strong local sponsor creates an impactful ‘wow’ factor right here at home. It’s an honor to celebrate the beauty and global appeal of chess, which continues to inspire and challenge millions.”

Chess: A Game of Global Reach and Technological Significance

With over 500 million players worldwide, including 100 million on the online platform Chess.com, chess enjoys an immense global following. The 2024 championship, featuring a faceoff between champions from chess powerhouses China and India, is poised to attract massive viewership from these two nations – critical markets for AAX, given their vast populations.

Moreover, chess has been pivotal in developing Artificial Intelligence (AI). The game’s perfect blend of well-defined rules and complex strategy makes it an ideal testbed for AI algorithms before scaling up to real-world challenges. AI techniques originally designed for chess, such as the Minimax algorithm and Alpha-Beta pruning, have found extensive applications in robotics, game theory, and decision-making systems. Chess AI has advanced pattern recognition capabilities, with implications spanning computer vision and natural language processing. To date, chess remains a crucial benchmark for evaluating state-of-the-art AI models.

Academic Labs: Pioneering EduFi on Solana, Bolstered by Recent Milestones

Academic Labs (AAX) stands at the forefront of the EduFi revolution as the first ecosystem of its kind on the Solana blockchain. By harnessing Web3 technology, AAX aims to democratize education, making it more engaging, accessible, and community-driven. The project has recently achieved significant milestones, boasting over 100,000 registered users, a 250,000-strong community, and 5,000 Daily Active Users.

The sponsorship of the 2024 World Chess Championship is set to significantly impact Academic Labs’ future growth and development. By aligning itself with one of the most prestigious events in the chess world, AAX is positioning itself as a key player in the intersection of education, technology, and strategic thinking.

The global exposure gained through this sponsorship will help AAX reach a wider audience, attracting chess enthusiasts and learners from around the world to its platform. As the championship unfolds, AAX will have the opportunity to showcase its innovative approach to education, demonstrating how its EduFi ecosystem can enhance the learning experience and foster community engagement.

Moreover, the association with a high-profile event like the World Chess Championship will boost AAX’s credibility and reputation within the education and technology sectors. This increased visibility and trust will help AAX to forge new partnerships, attract top talent, and secure further investments to support its growth and expansion.

In the long term, the exposure and connections gained through the World Chess Championship sponsorship will serve as a catalyst for AAX’s growth, helping it to establish itself as a leader in the EduFi space. As more people discover the benefits of decentralized education and the power of Web3 technology, AAX will be well-positioned to capitalize on this growing trend and drive the adoption of its platform on a global scale.

About Academic Labs

Academic Labs (AAX) is the pioneering EduFi ecosystem built on the high-performance Solana blockchain. AAX leverages Web3 technology to empower learners and educators, making education more accessible, engaging, and community-driven. With a strong focus on social and gamified learning experiences, AAX aims to revolutionize the way educational resources are shared and consumed, fostering growth and collaboration among its users.

Social Links

X: https://x.com/Acad_Labs

Telegram Group: https://t.me/academic_labs

Linktree: https://linktr.ee/academic_labs

Discord: https://discord.gg/academic-labs

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Brand: Academic Labs

Contact: Media team

Email: admin@acad.live

Website: https://acad.live

 

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

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Press Release

AI Link USDT Revolutionizes Blockchain and AI Integration

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In recent years, the rapid development of blockchain and artificial intelligence (AI) technologies has brought unprecedented opportunities and challenges to the global technology field. Blockchain technology, with its transparency, decentralization, and immutability, is reshaping financial systems and showing immense potential in supply chain management, healthcare, copyright protection, and many other fields. At the same time, AI technologies, particularly in deep learning, machine learning, and natural language processing, have achieved breakthroughs in image recognition, voice recognition, and autonomous driving, providing powerful technical support. However, while these two revolutionary technologies are advancing rapidly, their integration has not yet reached its full potential. The AI Link USDT platform was established to bridge this gap, combining these technologies deeply to lead the new trend of integrating blockchain and artificial intelligence.

The AI Link USDT platform combines the core characteristics of blockchain with AI’s powerful data analysis capabilities, creating unprecedented opportunities for technological applications. This platform not only overcomes the limitations of traditional blockchain technology in performance, scalability, and user-friendliness but also leverages AI to intelligently optimize blockchain networks. One of the primary bottlenecks of blockchain technology is its slow transaction speed and low efficiency, which limit its potential for high-frequency trading and large-scale commercial applications. The AI Link USDT platform addresses this issue by introducing AI algorithms to dynamically optimize consensus mechanisms and network resource allocation, significantly improving transaction processing speed and network responsiveness. Additionally, AI’s intelligent monitoring capabilities can detect potential threats in real-time, such as double-spending attacks, fraudulent transactions, or cyberattacks, thereby enhancing network security comprehensively.

Data privacy is a critical challenge in AI development. AI Link USDT leverages blockchain’s encryption features to ensure the secure storage and access of user data while allowing users to authorize the sharing or sale of their data for financial benefits. This approach motivates users to participate in the data ecosystem while providing high-quality datasets for AI models. AI also plays a key role in simplifying blockchain technology usage. Traditional smart contract development requires professional programming skills. However, the AI Link USDT platform enables users to write and deploy smart contracts in natural language through AI-driven natural language processing technology, significantly lowering the entry barriers and promoting the widespread adoption of blockchain technology.

The AI Link USDT platform’s flexible technical architecture supports multiple industries, providing innovative solutions for enterprises and users. In the education sector, the platform can store immutable academic records, such as grades, degrees, and certificates, on the blockchain, ensuring their authenticity and easy verification. Meanwhile, AI can analyze students’ learning habits and performance to offer personalized teaching suggestions to educators, improving learning outcomes. In healthcare, AI Link USDT ensures the secure sharing of patient data and uses AI algorithms to provide precise diagnoses and personalized treatment plans. For instance, doctors can use AI analysis of patients’ medical histories and genetic data to devise tailored treatment plans, improving efficiency and outcomes. In supply chain management, AI Link USDT enables real-time monitoring and management across the entire supply chain. From raw material procurement to product delivery, blockchain ensures data transparency and immutability, significantly enhancing efficiency and security. AI also predicts potential disruptions and provides optimization recommendations, reducing risks. The platform also supports distributed energy management by automating energy trading through smart contracts, ensuring efficient and transparent energy flow. AI predicts changes in energy demand, optimizing allocation and reducing waste.

AI Link USDT aims to build a global open-source platform that attracts developers and users to participate in its ecosystem. To achieve this goal, the platform supports a multi-language smart contract environment and provides a rich set of development tools and APIs, significantly lowering development barriers. These tools empower developers to easily create and deploy decentralized applications (DApps), enriching the ecosystem. Furthermore, AI Link USDT collaborates with technology providers, corporate clients, and academic institutions to advance blockchain and AI research and applications. The platform has also established an ecosystem fund to support promising projects and teams, driving innovation and diversity in technology.

Looking forward, AI Link USDT is committed to sustainable development through technological optimization, market expansion, and community governance. The platform will continue to refine its core technologies, exploring cutting-edge fields such as zero-knowledge proofs and cross-chain interoperability. Simultaneously, it aims to strengthen collaborations with industry leaders and expand its user base. Regarding governance, AI Link USDT will promote a more open and democratic structure, encouraging users to actively participate in platform decisions and drive long-term development. The launch of the AI Link USDT platform signifies a major breakthrough in integrating blockchain and AI. With its technological innovations and ecosystem-building capabilities, AI Link USDT is poised to lead the application of blockchain and AI, paving the way for an unlimited future.

Contact name: Shahrir 

Company name: Greyscale

Website https: https://www.grayscale.com

Country: America

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Press Release

MadGain to Invest Significantly in Investor Education Services in Q1 2025

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MadGain, a trusted CFD broker committed to enhancing trading experiences worldwide, is proud to announce its plans to make a substantial investment in investor education services during the first quarter of 2025. This initiative underscores MadGain’s dedication to empowering traders with the knowledge and tools necessary to succeed in the dynamic financial markets.

As part of this effort, MadGain aims to provide a comprehensive suite of educational resources tailored to traders of all experience levels. From beginner-focused materials to advanced trading strategies, the new programs will cater to a wide audience, ensuring that every trader has access to quality learning opportunities.

Key features of the investor education initiative will include:

  • Interactive Learning Platforms: Offering live webinars, Q&A sessions, and hands-on tutorials led by industry experts to provide practical insights into CFD trading.
  • On-Demand Educational Content: A library of articles, videos, and eBooks covering essential topics such as market analysis, risk management, and trading strategies.
  • Localized Support: Content and training customized for different regions, ensuring accessibility and relevance for MadGain’s diverse user base.
  • Exclusive Tools for Subscribers: Access to market analysis tools, trading simulators, and case studies to reinforce learning and practical application.

MadGain recognizes that informed trading decisions are crucial for long-term success in financial markets. By investing heavily in education, the company aims to not only enhance the skill levels of its users but also foster a more confident and engaged trading community.

The program’s rollout will begin in Q1 2025, with MadGain actively collaborating with industry experts and leveraging advanced technology to deliver a seamless and enriching learning experience. This initiative also aligns with the company’s broader mission to democratize trading and provide world-class resources to its clients.

“Education is the foundation of successful trading. With this new initiative, we aim to bridge the knowledge gap and create a supportive environment where traders can thrive,” a MadGain spokesperson stated.

Media Contact

Organization: madgain limited

Contact Person: Charlotte Harris

Website: https://madgain.com/

Email: Send Email

Address: 1312 17th Street Unit #2666

City: Denver

State: CO

Country: United States

Release Id: 13122421357

The post MadGain to Invest Significantly in Investor Education Services in Q1 2025 appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

OwlFx Expands Server Infrastructure to Enhance Global Access Speeds

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OwlFx, a trusted name in the CFD trading industry, is excited to announce its plan to expand its server infrastructure to better serve its growing global user base. This initiative reflects OwlFx’s commitment to providing traders with faster, more reliable access to its trading platforms, ensuring a seamless experience no matter where they are in the world.

With users spanning multiple continents, OwlFx recognizes the critical importance of speed and reliability in online trading. The expansion of its server network will significantly reduce latency, improve platform responsiveness, and ensure uninterrupted access to critical trading tools and market data.

Key Benefits of the Server Expansion

The enhanced server infrastructure will offer numerous benefits to OwlFx users, including:

  • Faster Execution Speeds: Reduced latency for quicker trade execution, giving traders a competitive edge in fast-moving markets.
  • Improved Platform Stability: A more robust infrastructure to handle increased traffic and prevent downtime during high market activity.
  • Enhanced User Experience: Faster load times and smoother navigation across all OwlFx trading platforms.
  • Global Accessibility: Optimized connectivity for users in regions with previously slower access speeds, such as remote areas or emerging markets.

Supporting Global Growth and Accessibility

As OwlFx continues to expand its reach, this infrastructure upgrade demonstrates the company’s proactive approach to meeting the needs of its international clientele. By investing in server locations strategically positioned around the globe, OwlFx ensures that its platform remains accessible and responsive to traders everywhere.

A spokesperson for OwlFx commented, “Speed and reliability are crucial in today’s trading environment. Our expanded server network is a testament to our commitment to empowering traders with the best tools and infrastructure. We aim to deliver a trading experience that exceeds expectations, no matter where our users are located.”

Leveraging Cutting-Edge Technology

The new server network will leverage state-of-the-art technology to optimize connectivity and processing power. OwlFx is collaborating with top-tier data center providers to ensure the highest standards of security, reliability, and scalability. This initiative will also incorporate advanced monitoring systems to proactively address potential issues, further ensuring uninterrupted service for users.

Timeline for Implementation

The server expansion project is set to roll out in phases, starting early next year. OwlFx will prioritize high-demand regions first while working toward full global implementation by the end of 2025. Traders can expect noticeable improvements in platform performance as each phase is completed.

Commitment to Excellence

OwlFx’s ongoing investments in infrastructure underscore its dedication to providing a world-class trading environment. By prioritizing technology and innovation, the company continues to solidify its reputation as a leader in the CFD trading industry.

Media Contact

Organization: owlfx limited

Contact Person: Peter

Website: https://owlfx.com/

Email: Send Email

Address: 1312 17th Street Unit #2666, Denver, CO 80202, US

City: Denver

State: Co

Country: United States

Release Id: 13122421360

The post OwlFx Expands Server Infrastructure to Enhance Global Access Speeds appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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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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