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The milestone is coming, and the BAS Blockchain Global Summit Forum comes to a successful conclusion!

Published

5 years ago

on

On March 10, 2021, the BAS Blockchain Global Summit Forum, themed by Trend Empowering New Economy and Jointly Innovating and Exhibiting the Future, came to a successful conclusion in Haikou, a national-level blockchain base.

A number of invited guests attended the BAS Global Launch Conference, including Zhang Yongxing, researcher of the Development Research Center of the State Council, Zhu Youping, deputy director of the Blockchain Professional Committee of China Communications Industry Association, and dean of the School of Digital Economics, Shenzhen Information Service Industry Blockchain Association Dr. Cheng Xiaoming, Ph.D. in Economics Liu Changyong from Peking University, Manager Yu, founder of BAS Public Chain, David, Dean of BAS Business School, and Dai Feiqing, founder of Alibaba Sesame Credit, and many other heavyweight leaders.

At the meeting, guests focused on blockchain to discuss the development of digital economy around topics such as new public chains, new economies, new species, and new eras, and capture the future value trend of the digital economy era for us. The following is the BAS public chain selected the essence of the big coffee thoughts in the 8-hour industry ceremony, and we will reminisce and appreciate together with you.

At the beginning of the meeting, President Ma of the BAS public chain gave an opening speech with passion and fired the first shot of the entire summit.

Afterwards, Mr. David, Dean of BAS Business School, gave a wonderful sharing with everyone. It shared the development history of the blockchain and the core standards of the blockchain 4.0 era. At the same time, it elaborated on the technical support of BAS as well as a wide range of application scenarios and business logic.

Zhang Yongxing from the Research Institute of the Development Research Center of the State Council shared on the development of blockchain technology. He said that the blockchain is a neutral technology, and the issue of Bitcoin should not be borne by the blockchain. The issuance of the blockchain should be carried out under the strict management of the government and based on real money. He believes that in order to allow blockchain technology to return to its true value, it must develop rationally and healthily in its application.

Liu Changyong, Ph.D. of Economics at Peking University, mentioned in a speech that more and more universities and enterprises are beginning to study blockchain and offer courses. Blockchain is a comprehensive innovation. The current blockchain technology must be combined with entities for commercial applications to reach a new level. As a senior popular science scholar in the blockchain field, Liu Changyong believes that BAS’s payment system provides a scenario and product where blockchain technology can be commercialized on a large scale.

In the afternoon session of the collision of ideas and in-depth exchanges, the meeting almost reached its climax, and many heavy guests all appeared on the stage. How can the picture be a good word.

Cheng Xiaoming, deputy director of the Blockchain Special Committee of China Communications Industry Association, and Dean of the Digital Economics School of Shenzhen Information Service Industry Blockchain Association, explains blockchain from economics and finance, and how blockchain technology can transform and empower blockchain entity. When it comes to the BAS public chain, Dr. Cheng Xiaoming believes that it is in line with national policies to use blockchain technology to empower entities and transform and upgrade the chain; at the same time, BAS’s cross-border payment system will lead a new era in the blockchain industry.

Afterwards, the founder of the Aliren Blockchain Alliance and the founder of Alibaba Sesame Credit Dai celebrated on stage to give a speech and talked about Ali and the big dream of blockchain. He started from Alibaba and talked about the importance of choosing the outlet industry. At present, the BAS public chain has stood at the outlet of the non-blockchain industry. He also analyzed technology applications and compared the success of Alibaba. BAS will also achieve great success in the future with mature technology and applications.

Regarding new finance and new payments, Zhu Youping, a well-known blockchain economist and deputy director of the Blockchain Professional Committee of China Communications Industry Association, also expressed his insights. He first praised the phenomenon that the chain reform is the driving force of the blockchain to empower the real economy, and said that with the improvement of digital technology, more blockchain applications will be launched, and BAS cross-border payment will be a very powerful A full range of blockchain application tools.

Finally, Mr. Yu, the founder of BAS public chain, talked about the technical concept and future vision of BAS public chain. After sharing BAS’s plans for the next two years, the atmosphere of the meeting reached a climax again. BAS said that in addition to technological innovation, BAS also has a clear development direction: BAS is a token economic chain, a payment chain, and a world-class token network with huge potential. BAS hopes to use its technical strength to promote the integration of the blockchain industry and modern commercial finance in the future, and to truly empower the encrypted payment field, so as to subvert the traditional industrial chain and business form.

The BAS public chain sits on the three must-win elements of the right time, the right place, and the strategist, and it will be invincible in the future. Tianshi, who conforms to the general trend of the global digital economy and open finance; the geographical advantage is to establish the global operation center in Hainan, the capital of China’s blockchain; Renhe is the consensus of millions of people around the world,

Those who gain the path will help more, and those who fail are few. The BAS public chain is the gainer in the blockchain field and the master of inclusive finance!

As the holding of this summit forum and the base camp of the BAS public chain, under the support of a series of policies, Hainan will quickly gather the blockchain industry and talents in the future, give full play to the advantages of talents and industry, and it is expected that Hainan will become the blockchain industry in my country. Industry high ground, and at the same time leading the pace of blockchain advancement on a global scale, this is really powerful for the development of BAS public chain.

For the long-term development of the BAS public chain, this summit forum is undoubtedly a landmark meeting. I believe that in the future, in the global and far-reaching strategic layout, there will be continuous bright spots and new ideas. The curtain of the conference is slowly falling, BAS’s new journey of blockchain will begin again, and what we can do is to live up to our mission and move forward! Welcome to join the mighty army of BAS consensus and conspire together!

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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

Cryptorefills launches x402 payments for AI agents, publishes agentic commerce reference

Published

1 hour ago

on

May 11, 2026

By

USDC payments on Base for AI agents at checkout, alongside open-source documentation of how merchants run agent-driven commerce.

Amsterdam, May 11th 2026, ZEX PR WIRE, 15:00 CEST. Cryptorefills has enabled x402 payments at checkout, allowing AI agents to pay for gift cards, mobile top-ups and eSIMs using USDC on the Base network. The protocol, developed by Coinbase and Cloudflare, lets autonomous software settle stablecoin transactions programmatically. Cryptorefills has also published an open-source operations reference for the merchant operations layer of agentic commerce.

x402 lets a software agent receive an HTTP 402 Payment Required response from a merchant, settle the requested amount in stablecoin, and complete the transaction in a single automated exchange. For Cryptorefills, checkout becomes a programmable endpoint that agents can call directly.

The x402 launch adds a second agent-payment rail to the platform. Cryptorefills released its Model Context Protocol server in October 2025, allowing agents to discover products, build orders, and complete purchases through MCP. x402 addresses a different pattern: the agent calls a Cryptorefills endpoint, receives payment terms, settles in USDC, and completes the request in one round trip. The two rails serve different agent contexts and run in parallel. 

“We shipped x402 and open-sourced our merchant operations work in the same week on purpose. One is a payment rail, while the other is what a merchant needs around it to accept agent traffic. Agentic commerce is happening, and very little about the second part has been written down,” said Massimiliano Silenzi, CEO of Cryptorefills. “We’ve been running stablecoin checkout since 2018, and a lot of what we learned there carries over. We chose to publish what we’ve learned and continue building the rest openly.”

The reference repository, available at github.com/Cryptorefills/agentic-commerce, covers the operations surface that surrounds the protocol stack. Topics include catalogue discovery for agent buyers, settlement reconciliation across chains, quote-and-pricing handling, and delivery confirmations. Documentation is released under CC0; example code is Apache 2.0.

“In the repository we just open-sourced there are nine playbooks, the TypeScript schemas behind them, and five runnable examples. Two of them connect to our live MCP and x402 endpoints, so a developer can clone the repository and watch the agent-merchant exchange execute against production,” said Simonluca Landi, CTO of Cryptorefills.

Cryptorefills serves AI agents through three of the field’s emerging standards: MCP for context, Agent Skills for capability publishing, and x402 for stablecoin settlement. 

About Cryptorefills

Cryptorefills enables people in over 180 countries to spend cryptocurrency on everyday products and services. Categories include gift cards from over 6,600 brands, mobile top-ups across 600 operators, eSIMs, flights across 300 airlines, and stays at over 1 million hotels and properties. The platform supports stablecoin checkout across Base, Ethereum, Tron, Solana, Polygon, and other major networks, alongside Bitcoin and Lightning. It is among the first ecommerce companies to integrate AI-agent payment standards including MCP, Agent Skills, and x402.

Operating publicly since 2018 and headquartered in Amsterdam, Cryptorefills is a member of the Holland Fintech Association and Blockchain Netherlands Foundation.

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Cloud PR Wire

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Press Release

Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments

Published

1 hour ago

on

May 11, 2026

By

Collaboration to focus on cost-effective capture and mineralization of biogenic CO₂ in Europe

Korea South, 11th May 2026, – SEOUL, South Korea & KORTRIJK, Belgium – South Korea’s ICEnergy and Belgium-based Emicap have partnered to deploy cryogenic carbon capture systems targeting biogenic CO₂ in Europe. The partnership combines ICEnergy’s proprietary capture technology with Emicap’s cryogenic R&D and market access, supported by Emicap’s sister company, LM Engineering, which provides industrial engineering and execution capabilities.

Dr. Sungho Park(icenergy0805@gmail.com), CEO of ICEnergy, stated that he hopes this partnership will enable ICEnergy and Emicap to take a further step toward realizing carbon neutrality in the European market. The collaboration comes at a pivotal moment following the successful demonstration of ICEnergy’s technology. Amid a rapidly expanding European market for biogenic CO₂ solutions, early deployment is critical to secure access to high-quality feedstocks and permanent storage pathways.

ICEnergy recently demonstrated a 10 ton/day cryogenic carbon capture system for both onshore and marine applications. The system converts flue gas CO2 directly into dry ice, avoiding the need for conventional separation and liquefaction steps. A key feature of the electrically driven process is the internal recovery and reuse of cold energy. By recycling this energy, external demand is reduced and consumption is focused on CO₂ conversion, resulting in approximately 30% lower energy use compared to conventional systems, supporting a low lifecycle carbon footprint.

Emicap integrates cryogenic CO2 capture with downstream applications by coupling emission sources from Waste-to-Energy and biomass plants to the carbonation of alkaline industrial residues such as steel slags and fly ash. To ensure seamless site-specific deployment, Emicap applies its cryogenic R&D expertise to tailor ICEnergy’s capture systems for these European industrial plants. This integration enables the permanent storage of CO2 while upgrading captured emissions and industrial residues into supplementary cementitious materials for use in low-carbon construction. By operating across the full value chain, Emicap helps offset capture costs, reducing reliance on institutional subsidies.

The partners are targeting removal of up to 200 kilotons of CO₂ annually by 2035, positioning the collaboration to contribute to industrial-scale, net-negative emissions.

Media Contact

Organization: ICEnergy Co.,

Contact
Person: Sungho Park

Website:

https://www.icenergy.co.kr/

Email:

icenergy0805@gmail.com

Contact Number: 82313307852

Country:Korea South

The post
Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments appeared first on
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It is provided by a third-party content
provider. Brand News 24 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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Press Release

Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments

Published

1 hour ago

on

May 11, 2026

By

Collaboration to focus on cost-effective capture and mineralization of biogenic CO₂ in Europe

Korea South, 11th May 2026, – SEOUL, South Korea & KORTRIJK, Belgium – South Korea’s ICEnergy and Belgium-based Emicap have partnered to deploy cryogenic carbon capture systems targeting biogenic CO₂ in Europe. The partnership combines ICEnergy’s proprietary capture technology with Emicap’s cryogenic R&D and market access, supported by Emicap’s sister company, LM Engineering, which provides industrial engineering and execution capabilities.

Dr. Sungho Park(icenergy0805@gmail.com), CEO of ICEnergy, stated that he hopes this partnership will enable ICEnergy and Emicap to take a further step toward realizing carbon neutrality in the European market. The collaboration comes at a pivotal moment following the successful demonstration of ICEnergy’s technology. Amid a rapidly expanding European market for biogenic CO₂ solutions, early deployment is critical to secure access to high-quality feedstocks and permanent storage pathways.

ICEnergy recently demonstrated a 10 ton/day cryogenic carbon capture system for both onshore and marine applications. The system converts flue gas CO2 directly into dry ice, avoiding the need for conventional separation and liquefaction steps. A key feature of the electrically driven process is the internal recovery and reuse of cold energy. By recycling this energy, external demand is reduced and consumption is focused on CO₂ conversion, resulting in approximately 30% lower energy use compared to conventional systems, supporting a low lifecycle carbon footprint.

Emicap integrates cryogenic CO2 capture with downstream applications by coupling emission sources from Waste-to-Energy and biomass plants to the carbonation of alkaline industrial residues such as steel slags and fly ash. To ensure seamless site-specific deployment, Emicap applies its cryogenic R&D expertise to tailor ICEnergy’s capture systems for these European industrial plants. This integration enables the permanent storage of CO2 while upgrading captured emissions and industrial residues into supplementary cementitious materials for use in low-carbon construction. By operating across the full value chain, Emicap helps offset capture costs, reducing reliance on institutional subsidies.

The partners are targeting removal of up to 200 kilotons of CO₂ annually by 2035, positioning the collaboration to contribute to industrial-scale, net-negative emissions.

Media Contact

Organization: ICEnergy Co.,

Contact
Person: Sungho Park

Website:

https://www.icenergy.co.kr/

Email:

icenergy0805@gmail.com

Contact Number: 82313307852

Country:Korea South

The post
Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

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