Press Release
The milestone is coming, and the BAS Blockchain Global Summit Forum comes to a successful conclusion!
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!
About Author
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.
Press Release
Sagtec Global CEO Highlights Strategic Progress in the First Half of 2026
Kuala Lumpur, Malaysia, July 23rd, 2026, FinanceWire
Chairman and CEO Ng Chen Lok Shares How Sagtec Is Executing Its Long-Term Growth Strategy
Sagtec Global Limited (NASDAQ: SAGT), a leading provider of AI-driven technology solutions across Southeast Asia, today released a first-half 2026 shareholder letter from Chairman and Chief Executive Officer Kevin Ng Chen Lok. The letter highlights the Company’s strategic progress, AI commercialization initiatives, and execution of its long-term growth strategy following a record fiscal year 2025.
Letter to Shareholders from Ng Chen Lok, Chairman and CEO
Fellow Shareholders,
As we reach the midpoint of 2026, I am pleased to share the meaningful progress Sagtec has made in executing our long-term growth strategy. Following a record financial year in 2025, our focus has shifted from building a scalable foundation to accelerating commercialization, expanding our AI ecosystem, and strengthening our recurring revenue platform.
Strong First-Half Performance
Our record FY2025 performance delivered revenue of US19.1 million (49% YoY growth) and gross profit of US4.3 million (up 45%). Software subscription revenue continued to strengthen, with our Speed+ platform contributing 62% of total revenue.
For the first half of 2026, based on preliminary unaudited estimates, the Company expects revenue of approximately US11.23 million and gross profit of approximately US3.12 million, demonstrating strong operational momentum across key initiatives.
Expanding Our AI Platform
Artificial intelligence remains at the core of Sagtec’s long-term growth strategy:
- Sage AI: Launched our enterprise AI platform and secured a US$1.1 million enterprise deployment.
- Sovereign AI Data Center: Announced the development of Malaysia’s Sovereign AI Data Center to provide secure computing infrastructure and support regional data sovereignty.
- Halo AI POS System: Officially launched an AI-powered POS solution for chain retailers and multi-outlet restaurants, targeting approximately 10,000 subscribers by 2027 to generate US$1.0 million in annual recurring subscription revenue.
Strategic Partnerships & Enterprise Pipeline
A major H1 2026 milestone was our proposed acquisition of a majority stake in Malaya Heritage, a rapidly growing food and beverage operator, integrating Sagtec’s technology and digital payment ecosystem into consumer businesses. We also expanded our smart property ecosystem through strategic collaborations to embed AI and automation into future property developments.
Beyond recurring software subscriptions, we continue to secure higher-value enterprise engagements through our subsidiary, CL Technologies (International) Sdn. Bhd., spanning AI implementation, cloud infrastructure, smart property tech, and data analytics.
Disciplined Execution & Unlocking Shareholder Value
During H1 2026, we secured additional project funding participation to support strategic expansion while maintaining disciplined capital allocation.
To maximize long-term shareholder value, Sagtec is currently working with advisers to evaluate the potential spin-off and separate independent listing of its subsidiary, CL Technologies (International) Sdn. Bhd. A potential spin-off could provide greater strategic flexibility and enhanced access to growth capital for both entities.
Looking Ahead
As we enter the second half of 2026, Sagtec continues its evolution from a regional software provider into an integrated AI technology platform. On behalf of the Board of Directors, I thank our employees, partners, and shareholders for their trust and continued support.
Sincerely,
Ng Chen Lok
Chairman, CEO and Executive Director, Sagtec Global Limited
About Sagtec Global Limited
Sagtec Global Limited (NASDAQ: SAGT) is a Nasdaq-listed technology solutions specialist headquartered in Kuala Lumpur, Malaysia. The company provides customizable enterprise software solutions, AI-powered technologies, and digital transformation services—including its Speed+ smart ordering system and AI-driven SaaS platforms—serving over 12,000 clients across Malaysia, Southeast Asia, and the Middle East. For more information, users can www.sagtec-global.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks regarding planned platform launches, revenue targets, data center development, and potential corporate spin-offs. Actual results may differ materially due to market adoption, competition, and regulatory changes. The Company undertakes no obligation to update forward-looking statements except as required by law.
Contact
Admin
WMEDIA
admin@wmedia.my
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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.
Press Release
CoinRabbit and GoMining Report: Managing Bitcoin Matters More Than Mining Volume
Toronto, Canada, July 23rd, 2026, Chainwire
CoinRabbit and GoMining have published a report on Bitcoin mining profitability, showing why managing mined Bitcoin is becoming as important as producing it.
The report highlights how the post-halving environment is redefining success in mining, with operators relying on stronger treasury management, capital discipline, and long-term asset strategies to navigate tighter margins. With the block reward reduced to 3.125 BTC and network difficulty near record levels, operational efficiency alone is no longer enough. The next phase of mining will be shaped by smarter capital allocation and long-term conviction in Bitcoin.
The Four Pillars of the Bitcoin Mining Efficiency Mindset
The report presents a clear framework built around four key pillars:
1) Operational Cost Efficiency
Low-cost power procurement, high uptime, efficient cooling, and disciplined maintenance remain the foundation of any viable mining operation. These factors determine the baseline production cost and are essential for competitiveness.
2) Collateralization Over Liquidation
Instead of selling freshly mined Bitcoin to cover expenses, effective operators are using it as collateral. This approach allows them to meet short-term cash needs while retaining full ownership and long-term exposure to the asset’s value.
3) Operational Liquidity and Tax Optimization
Bitcoin-backed lending provides flexibility to cover recurring operating costs, including power, hosting, and payroll, while avoiding taxable sales. At the same time, it preserves the deductibility of operational expenses.
4) Long-Term Vision and Capital Discipline
Sustainable operators treat mining as a disciplined, capital-intensive business. They maintain the flexibility to hold Bitcoin through market cycles and reinvest in hardware upgrades when opportunities arise, avoiding forced sales during downturns.
The full report can be downloaded here.
Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, commented: “Long-term success is built on conviction in the assets you hold and the discipline to manage them through different market cycles. At CoinRabbit, we are proud to work with clients who share this long-term vision and recognize the value of staying focused through periods of uncertainty. We appreciate the collaboration with GoMining experts and their contribution to sharing deeper industry insights with the mining community.”
Jeremy Dreier, Chief Business Development Officer at GoMining and Managing Director of GoMining Institutional, added: “In the post-halving environment, discipline is critical. The miners that are winning are those with efficient operations and cash put aside for this exact time. This is the best possible moment to deploy capital into expanding your fleet, because it’s cheap to add hash rate when Bitcoin’s price is down. There’s a lot of opportunity in the market. At GoMining, this is our third bear market, and we’ve seen that the operators who are prepared look at these conditions as an opportunity. Those who aren’t prepared are the ones who panic.”
About CoinRabbit
CoinRabbit is a crypto asset management platform built for long-term capital preservation. It enables users to manage liquidity seamlessly across instant payments, lending, trading products, and the Private Program — all within a single ecosystem. Since 2020, CoinRabbit ensures 100% capital reserve, keeping clients’ funds safe and never reused.
For more information, users can visit coinrabbit.io
About GoMining
GoMining is an all-in-one Bitcoin ecosystem that makes it simple and secure to mine, earn, and use Bitcoin every day. GoMining serves 5 million users and ranks among the top-10 Bitcoin miners by hashrate globally, with data centers in the U.S. and internationally. The company makes Bitcoin accessible through tokenized hashrate, daily BTC rewards, and an expanding suite of payment and earning products.
For more information, users can visit gomining.com
Contact
CMO
Irene Afanaseva
CoinRabbit
marketing@coinrabbit.io
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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.
Press Release
Introducing Permissioned Pools on Uniswap v4
New York, USA, July 23rd, 2026, FinanceWire
Uniswap Labs today announced Permissioned Pools, a new hook standard for Uniswap v4 that enables permissioned asset trading through Automated Market Makers (AMMs) with compliance enforced directly onchain.
Permissioned Pools were built in collaboration with leading teams bringing regulated assets onchain. Launch partners include Superstate, Securitize, and Dowgo: part of a growing set of issuers and platforms seeking compliant access to onchain markets for tokenized funds, securities, equities, and other permissioned assets.
Bringing permissioned assets to AMMs
The tokenized asset market is estimated to reach $11 trillion by 2030. As more regulated assets move onchain, issuers need infrastructure that can enforce each asset’s compliance rules. Uniswap Permissioned Pools are the first generalized, open source, institutional-grade standard for trading regulated assets on an AMM. Instead of relying on a frontend gate or an offchain compliance check, the pool itself verifies whether a wallet is approved before a swap or liquidity action can go through. The issuer keeps control of the allowlist, while approved users can access onchain trading and settle through Uniswap v4.
For issuers, this opens a path to AMM liquidity and DeFi composability without giving up required controls. For approved investors, it means direct onchain trading for assets that previously couldn’t trade on an AMM at all.
How Permissioned Pools work
Permissioned Pools use Uniswap v4 hooks to extend the functionality of a regular pool without breaking the security and interoperability guarantees of the protocol. The particular hook implements logic that checks an issuer-managed allowlist on every swap, verifies allowlist status before a user mints an LP position, and provides support for the administration controls permissioned assets require. These checks happen at the protocol level, not on the frontend.
Behind the scenes, the design uses Uniswap v4 virtual accounting to perform all exchange calculations remotely while permissioned assets remain held in a permissioned contract. You can learn more about this mechanism in the docs.
Uniswap powers tokenized value
Permissioned Pools bring a new standard for compliant trading, while the protocol itself stays permissionless. Developers and asset issuers can choose the approach that fits: deploy pools and build on v4 permissionlessly, or deploy a permissioned pool for a specific asset.
Tokenization’s next phase needs standardized market infrastructure that can handle compliance requirements, without compromising permissionless access. Permissioned Pools are the result of deep collaboration between the teams defining the standard, the teams building the compliance layer beneath it, and the issuers and assets putting it to use.
Superstate, an early design partner, helped shape the Permissioned Pool standard for tokenized equities and funds. Uniswap Labs and Securitize collaborated early on to ensure DS Protocol-issued tokens could trade compliantly onchain, laying the groundwork that Permissioned Pools now extends. Dowgo contributed the ERC-3643 integration for Permissioned Pools, and will use the standard once they receive DLT TSS authorization under the EU’s DLT Pilot Regime.
With these institutions already building on the hook, Permissioned Pools lay the groundwork for the next generation of value coming onchain.
Get started
For more information, visit the developer docs, or contact the Uniswap Labs team.
About Uniswap
Uniswap is the largest decentralized trading venue, having processed over $4.5T in volume with zero hacks. It is trusted by institutions like BlackRock, Fidelity, and Anchorage. Uniswap Labs is a core contributor to the Uniswap Protocol and builds products that make it easy to access and build on Uniswap including the Uniswap Web App, Wallet, and Trading API.
For more information, please visit:
Website | X/Twitter | LinkedIn
About Superstate
Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate’s flagship funds USTB (now the Invesco Short Duration US Government Securities Fund) and USCC (now the Bitwise Crypto Carry Fund) validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. Learn more at superstate.com.
About Securitize
Securitize, the world’s leader in tokenizing real-world assets with $5B+ AUM (as of July 2026), is bringing the world onchain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, VanEck and others. In the U.S., Securitize operates through its affiliates, including Securitize Markets, LLC, an SEC-registered broker-dealer and member FINRA/SIPC that operates an SEC-regulated Alternative Trading System (ATS); Securitize Transfer Agent, LLC, an SEC-registered transfer agent; Securitize Capital, LLC, which has applied for SEC registration as an investment adviser and files as an exempt reporting adviser pending effectiveness; and Securitize Fund Services, LLC, which provides fund administration services. In Europe, Securitize operates through its affiliate Securitize Europe Brokerage and Markets, S.A., which is fully authorized as an Investment Firm and operates a Trading & Settlement System (TSS) under the EU DLT Pilot Regime, making Securitize Corp. currently the only company, based on its existing U.S. and EU regulatory authorizations, licensed to operate regulated digital-securities infrastructure across both the U.S. and EU. Securitize has also been recognized as a 2026 Forbes Top 50 Fintech company.
For more information, please visit:
Website | X/Twitter | LinkedIn
About Dowgo
Dowgo is building a European regulated marketplace where shares, bonds and fund units are issued, traded and settled in tokenized form. Developed as a DLT Trading and Settlement System under the EU DLT Pilot Regime (EU 2022/858), for which its authorization is currently under review by the French authorities, its venue will enable issuers to raise capital and access a regulated secondary market operating 24/7, giving banks, brokers and professional investors direct access to on-chain markets. Securities are issued natively as ERC-3643 permissioned tokens on public Ethereum, meaning the tokens are the securities themselves rather than representations of assets held elsewhere, and settle instantly through atomic delivery-versus-payment in MiCA-compliant e-money tokens. Dowgo operates the market and never holds client assets or keys.
Contact
Bridgett Frey
Uniswap Labs
media@uniswap.org
About Author
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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