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Qitmeer Network, Innovation and Perfection. Paving Way to the Next Gen of Mining

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5 years ago

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About Qitmeer Network

Qitmeer is the next generation public chain based on BlockDAG which is dedicated to serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact.

In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness and scalability.

Qitmeer adopts a classic POW consensus and UTXO data model and designs a unique asset issuing mechanism which requires the reserve of native currency, which is in line with core ethical financial values.

The Technical Structure of Qitmeer

Qitmeer Network fuses multiple protocols to create the MeerDAG protocol. Qitmeer network structure is divided into four layers from the bottom to top: Network Layer, Data Layer, Token Layer, Payment Layer.

DAG（Directed Acyclic Graph) is a data structure, which is designed to retain the advantages and improve the disadvantages of Blockchain. What is different from the chain data structure of traditional Blockchain is that DAG does not pack all data into blocks, and link blocks with other blocks.

Qitmeer technology is based on Block DAG not DAG. In fact, it emphasizes that the nodes of Block DAG are completely decentralized to join the network and get rewards. At present, only POW can do this. Therefore, Qitmeer acknowledged that the Block DAG protocols are generally based on Proof of Work (POW).

Qitmeer’s MeerDAG protocol inherits the advantages of classic Bitcoin decentralization, security and stability while solving the problem of limited scalability of Bitcoin. It meets the needs of public financial chains with high transaction volumes and high stability requirements. Compared to BTC’s TPS speed of 7 strokes per second and ETH’s 20 strokes per second, the total network TPS in Qitmeer can reach 3000 strokes per second.

Qitmeer’s self-developed MeerDAG protocol combines the advantages of various BlockDAG technologies such as Inclusive, Spectre, GhostDAG, etc. It adds a lot of engineering-level optimization and industrial-grade public chain improvements on top of that. Qitmeer public chain is a blockchain infrastructure to serve global financial inclusion assets and ethical financial assets on the chain, which has huge transaction volume and needs to meet the value of financial inclusion.

Currently, Qitmeer Network has been authorized globally by six national regulators, this includes the Bank of Bahrain and The Central Bank of Nigeria. Qitmeer passed to be officially launched and is expected to lay-out a new track in the field of blockchains. Recently Qitmeers official twitter account gives a hint about the launching of Qitmeers Public Chain in the month of July year 2021, it will be a testnet and users will be able to test a variety of functions of the Public Chain. To be able to utilize and use the network , users must use the native token of Qitmeer Network called $MEER. The testnet can support SWARM cloud server node conversions, CHIA and another physical mining machine that links to the mining pool for POW mining.

Contact Us

Website https://www.qitmeer.io/

Qitmeer talk https://www.qitmeertalk.org/

GitHub https://github.com/Qitmeer

Twitter https://twitter.com/QitmeerNetwork

Telegram  https://t.me/qitmeernetwork

Facebook https://www.facebook.com/QitmeerNetwork

Instagram https://www.instagram.com/qitmeernetwork/

LinkedIn https://www.linkedin.com/in/qitmeer-network-667844190/

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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

KING VPN Announces Android VPN App Availability for Users in the United States

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5 minutes ago

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May 9, 2026

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KING VPN provides Android users with a simple mobile VPN interface, server selection options, and one-tap connection support for everyday use.

Tech Digital Labs has announced the availability of KING VPN (Fast & Secure) for Android users in the United States. The mobile application is designed to provide a straightforward VPN connection experience for users who want a simple Android VPN app for daily browsing, public Wi-Fi use, mobile apps, and general internet access.

Available on Google Play, KING VPN is listed as an Android tools app developed by TechDigitalLabs. The app includes ads and in-app purchases and has recorded more than 100,000 downloads on Google Play. The listing also states that the application is rated for users aged 3 and above. 

KING VPN is built with a one-tap connection flow and allows users to connect through available VPN server locations. According to the Google Play listing, the app supports access to multiple regions, including the United States, United Kingdom, Russia, China, and Turkey, depending on current server availability and network conditions. Google Play: https://play.google.com/store/apps/details?hl=en&id=com.kingwire.kingvpn

The app is intended for Android users looking for a simple VPN tool that can be used on smartphones and tablets. Its interface allows users to open the app, choose an available connection option, and connect through a VPN tunnel without complex manual configuration.

KING VPN may be used for general mobile browsing, app access, public Wi-Fi connections, school or office networks where permitted, and other everyday Android use cases. Performance, server availability, and access to specific websites, apps, or platforms may vary based on the user’s location, internet provider, device, app version, and current network conditions.

The Google Play listing also includes privacy-related information provided by the developer. According to the Data Safety section, the developer states that no data is shared with third parties, no data is collected, and data is encrypted in transit. Google Play notes that data safety and privacy practices may vary by use, region, and age, and that developers may update this information over time. 

The latest app update listed on Google Play was published on March 30, 2026, and includes bug fixes and improvements. (Google Play)

 KING VPN (Fast & Secure) is available on Google Play at:
https://play.google.com/store/apps/details?id=com.kingwire.kingvpn&hl=en

About Tech Digital Labs
Tech Digital Labs provides digital marketing services alongside website and mobile app development. The company supports businesses with online promotion, website development, mobile application development, software solutions, and utility-based digital products. Its work includes Android applications, including VPN and everyday mobile utility apps, with a focus on simple user interfaces, mobile accessibility, and practical digital tools.

Social Media
Facebook: https://www.facebook.com/TechDigitalLabs
LinkedIn: https://www.linkedin.com/company/tech-digital-labs/
X: http://x.com/techdigitallabs

Media Contact

Organization: Tech Digital Labs

Contact Person: Media Relations

Website: https://techdigitallabs.com/

Email:
info@techdigitallabs.com

Country:United States

Release id:44858

The post KING VPN Announces Android VPN App Availability for Users in the United States 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

Cellfie Mobile Announces Deployment of 400 New Base Stations Across Georgia

Published

35 minutes ago

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May 9, 2026

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Cellfie Mobile announced the deployment of 400 new base stations across Georgia to extend coverage to underserved residential areas and increase network capacity. The rollout follows a year of infrastructure investment that delivered a 25% increase in internet speed, 52% expansion in 5G coverage, and 99% nationwide network reach. Installation is underway, with further improvements expected from the beginning of next year.

Tbilisi, Georgia, 9th May 2026 – Cellfie Mobile announced the deployment of 400 new base stations across Georgia as part of an ongoing network expansion program. The new infrastructure is intended to extend mobile coverage to residential areas currently underserved by the operator’s network and to increase data throughput in high-demand zones. Installation has already begun, with initial improvements reported across parts of the network. The new stations will be deployed using Nokia’s radio access network equipment, which is currently operational in mobile networks across more than 130 countries.

The deployment follows a year of sustained investment in Cellfie’s mobile infrastructure. During 2025, the operator installed and modernised up to 300 base stations, acquired new frequency licenses in the 2100 MHz and 2600 MHz bands, and reported a 25% increase in internet speeds and a 32% increase in network capacity across its existing infrastructure. 5G coverage expanded by 52%, and nationwide network coverage reached 99%. Over the same period, customer satisfaction increased by 56% over the course of a year. In 2025, Cellfie received the “Fastest Growing Telecom in Georgia” designation from the Global Banking & Finance Awards.

“This year, we made network modernisation our number one priority,” said Rostom Talakhadze, Chief Executive Officer at Cellfie. “The deployment of 400 new base stations is another step in that effort. The results are already visible across the network and will become more evident in the near future.”

The 400 additional base stations will utilise the newly acquired frequency resources to further strengthen network capabilities. Cellfie stated that improvements are already noticeable for existing customers, with results expected to become progressively more apparent from the beginning of next year as the rollout extends to cover all residential areas.

The expansion is part of a broader network development program that the operator has been carrying out since the beginning of the year. 

About Cellfie

Cellfie Mobile is a Georgian mobile operator serving 1.42 million customers nationwide. The company was the first operator in Georgia to introduce both 4G/LTE and 5G technologies. Cellfie provides voice, data, eSIM, roaming, and business connectivity services across the country. In 2025, Cellfie became the first telecommunications company in Georgia to receive ISO 37001 (Anti-Bribery Management System) and ISO 37301 (Compliance Management System) certifications. 

Media Contact

Organization: Cellfie Mobile

Contact Person: Sophie Balavadze

Website: https://cellfie.ge

Email:
sbalavadze@cellfie.ge

City: Tbilisi

Country:Georgia

Release id:44773

The post Cellfie Mobile Announces Deployment of 400 New Base Stations Across Georgia 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

The oldest oil trading company in DIFC completes its debut bond issuance in Kazakhstan

Published

3 hours ago

on

May 9, 2026

By

United Arab Emirates, May 5, 2026 — On March 30, 2026, Translux Limited successfully completed the placement of its debut $20 million bond issue with a 14% annual coupon, denominated in US dollars. Translux Limited is the oldest oil trading company in DIFC.

Translux Limited has been operating for more than 20 years and specializes in marine fuel bunkering at sea. The company purchases fuel in bulk from leading international suppliers, including BP and Vitol, and delivers it directly to vessels offshore. Over the years, Translux has served thousands of vessels and built long-term relationships with major global container shipping companies, including MSC, Maersk, and CMA CGM. The company generates approximately $120 million in annual turnover and around $7.5 million in net profit, with gross margins reaching approximately 50%. The company has had no defaults throughout its operating history.

The Translux bond issuance was structured by Velar Capitals, an international investment platform specializing in IPO, pre-IPO, and debt capital markets. Velar Capitals develops a long-term support model for companies on their path to the public capital markets, from structuring debt and establishing a transparent financial track record to preparing the equity journey, developing institutional demand, and ultimately supporting an IPO. Velar Capitals sees Kazakhstan as one of the key markets in Central Asia and views AIX as an international platform through which local investors gain access to global issuers.

The current Translux bond issue is not just a placement but part of a broader strategy. The company views public debt as a step toward an IPO in the coming years and as a tool for building a transparent track record in the capital markets. At the same time, Translux plans to issue a subsequent bond at a lower rate, further enhancing the attractiveness of the current issue.

Strong investor interest is driven not only by the terms of the issuance but also by the underlying business. The global bunkering market exceeds $150 billion annually. As global shipping routes shift, traffic is increasingly moving through the Atlantic along the west coast of Africa. This is driving demand for marine fuel supply in the region where Translux already operates. Dakar is emerging as a key hub. On the route between Lomé and Las Palmas, spanning approximately 2,000 nautical miles, it is the only location combining a deep-water port, developed infrastructure, and a stable jurisdiction. Translux holds an exclusive license in this corridor until 2032, effectively securing a key position on this route. The bunkering market in Dakar is growing at approximately 13% per year.

Another important signal for the market is that major international players are already increasing their presence in the region. Leading global companies, including Monjasa, Vitol, Peninsula, and Flex Commodities, are shifting their volumes toward West Africa. For investors, this means the company operates not in a hypothetical growth area but in a segment where the world’s largest industry players are already active.

Following the successful placement, Translux and Velar Capitals are also considering expanding their presence in Kazakhstan. This includes deeper engagement with the market, expansion of the investor base, and the potential opening of a joint office, reinforcing a long-term focus on the region.

The Translux placement on AIX represents a market deal, an infrastructure case, and a strong signal for investors. The oldest oil trading company in DIFC entered the capital markets at a time when global logistics is shifting in its favor, and demand for its services is growing alongside the rerouting of global shipping flows around Africa. Against this backdrop, the current issuance has already become a notable entry point into the company’s story, which, according to its plans, will continue moving toward an IPO in the coming years.

Contact Info:
Name: Dmitriy Vettori
Email: Send Email
Organization: Translux Limited
Website: https://translux.ae/

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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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