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What’s the NFT game Tencent & Alibaba Rush into?

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5 years ago

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In June 2021, Alibaba and Dunhuang Arts Institute jointly released two NFTs, Dunhuang Flying Sky and Nine Color Deer App skins, which were limited to 16,000 in the world. The works were looted as soon as they were released.

On June 26, 2021, NetEase and Nervina Labs released their first NFT work on Taobao.

On August 3, 2021, Chinese tech giant Tencent’s  NFTs trading platform -Huanhe launched 300 copies “Vinyl Record NFT” authorized by TV program “Thirteen Invitations”, and sold out instantly.

Chinese giants’ capital is vying to chase, and it’s so fierce. So far people can’t help asking, what is NFT?

Meet NFT

NFT is short for Non-fungible Token，which is relative to the concept of Fungible Token (FT), each NFT has a unique and only identification, which is not interchangeable, and the smallest unit is 1 and indivisible.

Generally, BTC, ETH, etc. we familiar with are Fungible Token. For example, BTC everyone owns is same, it’s interchangeable with each other, can also be divided into 0.1, or 0.01 without affecting the value and use.

NFT represents indivisible and non-interchangeable items in reality, such as a real estate certificate, a famous painting, a piece of game equipment and so on. They are all unique, and completely lose their value and practicality after being divided. The most typical are collectibles and artworks. These products with non-fungible genes are digitized and tokenized using blockchain technology, and they have become popular NFTs today.

NFT is one and only

Economics stipulates that currency is a unity equivalent and a carrier of consensus on value. In modern society, personal wealth is no longer measured by currency holdings, but includes the value and quantity of assets under his name. Its assets include but not limited to items with market value such as houses, cars, stocks, etc. In most case, the value carried by an asset often far exceeds the value of the cash value they hold. However, real assets have two major shortcomings: poor liquidity and high cost of confirmation. For example, the determination of the right of a house needs to rely on the registration of the Housing Management Committee to determine the ultimate ownership of the house.

But in the blockchain world, the assets we currently have are BTC, ETH with currency attributes. After meeting demand for monetary assets, a value medium of non-monetary assets will naturally emerge, and this is NFT. Relying on the decentralization, immutability and cryptographic authentication of the blockchain, NFT solves a series of problems of real assets:

• The asset is unique and cannot be faked

• Strong liquidity, real-time trading;

• Cryptography is the confirmation and cannot be tampered with.

In addition, NFT also has features that cryptocurrency does not have. Its unique features can be used for identity certification, item ownership certification, virtual props, etc. NFT makes crypto assets more practical, enabling users to expand the utilization of valuable assets in the form of NFT, and is protected by blockchain technology.

NFT Boom Out

NFT is not a new thing born this year, it has made any public appearances early in 2017, but more regarded as a niche thing within Ethereum.

So, what is the real important promoter of NFT out of the circle?

First, let’s ask a question: How much would a digital picture be? The answer is $69.3 million！

On March 11, 2021, an unknown artist Beeple collaged his daily art work for the past thirteen years into a digital picture called “everyday: the first 5000 days”. At Christie’s, it was sold for $69.3 million, which shocked the world.

Overnight, NFT became the outlet. This 40-year-old American painter also made great fortune overnight. The popularity of NFT has caused a huge sensation in many fields such as art, venture capital, and finance.

Commercial filed such as NBA, Samsung, McDonald’s, Marvel, movie stars, etc. are all releasing their own NFT products, and venture capital industry such as Three Arrows Capital, Signum Capital, NGC Ventures, Coinbase, etc. have begun to invest in this field. Internet giants such as Tencent, JD, Facebook, Twitter, etc. are all laying out the NFT battlefield. The opportunities and challenges brought by NFT are more than that brought by the mobile Internet to the Internet.

From the perspective of business history, iPhone, Amazon, Microsoft, etc. were initially used by industry insiders. After going out of the circle by marketing, products, and the trend of the times, the entire society began to accept them, and they evolved from product for a specific group into mass infrastructure. Although the development of NFT is still at an early stage, the boom out of NFT will continue the historical trajectory and accelerate the application of blockchain technology. It is of great significance for promoting the digitalization of society.

NFT Bright Future

Except crypto artworks, will NFT have wider applications? We can find that NFT will be widely used in the future. For example, the recent popular NFT+DeFi and NFT+game, as well as the concept of meta-universe, are inseparable from the future development of NFT. The physical application of NFT will solve many problems for the society, such as: 

First, intellectual property. NFT can represent a painting, a song, a patent, a film, a photo, or other intellectual property rights. NFT can help each unique thing to register the copyright and help it identify the patent.

Second, physical assets. Real estate such as houses and other physical assets are digitized through NFT. It can be used in financial markets such as the circulation of assets.

Third, records and identification. The unique features of NFT, can be used to verify identity and birth certificates, driver’s licenses, academic certificates, etc., to prevent abuse or tampering.

There will be many physical applications of NFT in the future, which will surely solve various practical problems for the society. Presumably this is the ultimate goal of various giant capitals. As the world’s first physical digital economy token trading platform-BtLux Exchange focuses on the implementation of blockchain scenarios that are closely related to people’s lives.

Different from other cryptocurrencies with no entity value support, BtLux regards the underlying innovation of the blockchain as an important breakthrough in the independent innovation of core technology, and takes the use of blockchain to trade, calculate, and record to promote real economic activities on the chain under supervision. At the same time, realize the market operation and value management of digital assets after the certification, redefine the interest distribution relationship of producers, consumers and participants, and form a brand new financial and business model.

Soon, BtLux will accelerate the integration of NFT and physical enterprises based on years of experience in the implementation of blockchain physical scenarios, provide top-level business architecture design and digital economic model design for physical enterprises, and jointly build “blockchain” + “new ecology”, So that participants in the entire chain can benefit. It would bring tangible benefits to the real economy and the entire society, and be widely recognized by the society, making digital currency a living water, flowing in the real economy, and bringing benefits to the real economy more vitality and new power.

NFT is a new world brought about by the technological explosion era, and the digitalization process of the real world in the next ten years will also be greatly accelerated. In the future, only when NFT accelerates the deep integration of the real economy and the digital economy, the technological value of the blockchain will gradually emerge in this process. It will be able to bring new business models and reconstruct distribution models, market structures, organizational forms, and industry relationships to promote human beings to a new era of digital civilization, and in that, BtLux will become an indispensable promoter.

BtLux Official website: https://www.btlux.top/

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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

HUIYU FINANCE EXPO HONG KONG 2026 Highlights Financial Technology and Innovation

Published

35 minutes ago

on

September 1, 2026

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HUIYU FINANCE EXPO HONG KONG 2026 will take place on September 22–23 at Regent Hong Kong, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, bringing together financial institutions, FinTech companies, technology providers, investors, and industry professionals. The event will focus on global finance, financial technology, cross-border collaboration, AI, digital assets, payments, green finance, and regulatory developments.

Hong Kong S.A.R., 1st Sep 2026 — HUIYU FINANCE EXPO HONG KONG 2026 will take place on September 22–23, 2026, at Regent Hong Kong, bringing together financial institutions, FinTech companies, technology providers, digital asset and blockchain businesses, payment service providers, investors, and industry professionals from across the global financial ecosystem.

With the positioning “Connecting Global Finance & Innovation,” the two-day event will focus on financial technology, cross-border finance, digital assets, blockchain, payments, artificial intelligence, green finance, regulatory developments, and emerging financial infrastructure.

The Expo is expected to welcome participants from more than 20 countries and regions, feature over 50 industry forums and keynote sessions, and receive support from more than 100 partners and media organizations.

As financial markets continue to evolve through digital transformation, emerging technologies are becoming increasingly integrated with traditional financial services and market infrastructure. At the same time, financial institutions and technology companies are navigating changing regulatory frameworks, new market structures, and growing demand for more efficient cross-border connectivity.

Against this backdrop, HUIYU FINANCE EXPO HONG KONG 2026 aims to create an international platform where finance, technology, innovation, and business collaboration can come together.

Connecting the Global Financial Ecosystem

Connecting the Global Financial Ecosystem, Creating the Future of Financial Technology is a central positioning of HUIYU FINANCE EXPO HONG KONG 2026.

The event will bring together participants from banking, insurance, securities, funds, payments, FinTech, blockchain, digital finance, professional services, and related technology sectors.

By connecting financial institutions, technology companies, investors, service providers, and industry experts from different markets, the Expo aims to create a broader network for professional exchange and international cooperation.

Hong Kong’s role as a major international financial center provides a natural setting for this global connection.

Positioned in Hong Kong and connecting the world, HUIYU FINANCE EXPO HONG KONG 2026 will seek to strengthen dialogue between established financial institutions and emerging technology companies while creating new opportunities for cooperation across markets.

Innovation at the Center of the Financial Future

Financial technology innovation will form a major part of the event program.

Conference sessions and industry discussions will explore developments in artificial intelligence, digital assets, blockchain technology, payment innovation, green finance, cross-border finance, regulatory technology, and financial infrastructure.

The Expo will provide a platform for industry professionals to exchange perspectives on emerging technologies, explore practical applications, and discuss how innovation can develop alongside security, compliance, and responsible financial practices.

Key areas of discussion are expected to include:

Global financial market developments
Financial technology and innovation
Artificial intelligence in financial services
Digital assets and blockchain ecosystems
Cross-border finance and payments
Green finance and emerging technologies
Trading security and investor protection
Regulatory and compliance developments
Financial infrastructure and digital transformation

Through these discussions, HUIYU FINANCE EXPO aims to provide participants with deeper insight into the trends shaping the next stage of global finance.

Connect · Innovate · Business

The core values of HUIYU FINANCE EXPO HONG KONG 2026 are built around three ideas:

Connect · Innovate · Business

Connect represents the Expo’s goal of bringing together global financial institutions, technology companies, investors, professional service providers, and industry experts.

Innovate reflects the event’s focus on financial technology, emerging applications, and the continued evolution of the global financial ecosystem.

Business highlights the importance of practical cooperation, business matchmaking, professional networking, and the development of long-term commercial relationships.

Alongside keynote presentations and panel discussions, the Expo will feature dedicated exhibition areas, professional networking sessions, and business-matching opportunities.

These activities are designed to help participants introduce technologies and services, exchange market knowledge, identify potential partners, and explore new opportunities for international cooperation.

Hong Kong at the Heart of Global FinTech

Hong Kong continues to play an important role as one of Asia’s major international financial centers and as a gateway connecting Mainland China, Asia, and global capital markets.

The city has a well-established financial ecosystem that includes banks, securities firms, asset managers, insurers, payment providers, FinTech companies, technology businesses, and international professional service firms.

The continued development of digital finance and financial technology has further strengthened Hong Kong’s position as a meeting point for traditional finance and emerging innovation.

By bringing HUIYU FINANCE EXPO HONG KONG 2026 to Hong Kong, the event aims to create a platform for participants from different countries and regions to exchange ideas, establish professional connections, and explore opportunities across the wider Asia-Pacific and international financial markets.

Huiyu Awards to Highlight Industry Standards

HUIYU FINANCE EXPO HONG KONG 2026 also plans to host the annual Huiyu Awards, an industry program focused on trading security, service quality, professional standards, and the long-term development of the financial ecosystem.

The awards are expected to bring together traders, brokers, industry professionals, and financial market representatives for recognition and professional exchange.

Through the program, HUIYU FINANCE EXPO aims to encourage greater attention to trading security, investor protection, service standards, and regulatory responsibility while recognizing organizations contributing to the development of a more sustainable financial ecosystem.

Together for Value, Together for the Future

HUIYU FINANCE EXPO continues to develop its international presence with a focus on connecting financial institutions, technology companies, investors, and industry professionals across major financial and FinTech markets.

Future editions and related activities are planned across international financial centers including Singapore, Dubai, Sydney, Limassol, and Hong Kong.

Through conferences, exhibitions, professional networking, business matchmaking, and international industry exchange, HUIYU FINANCE EXPO aims to build an open platform for financial technology communication and global collaboration.

Together for Value, Together for the Future, the Expo seeks to connect global financial resources, support financial technology innovation, and create new opportunities for industry cooperation.

Event Information

Event: HUIYU FINANCE EXPO HONG KONG 2026
Dates: September 22–23, 2026
Venue: Regent Hong Kong
Address: 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong
Positioning: Connecting Global Finance & Innovation
Core Values: Connect · Innovate · Business
Website: www.huiyuexpo.com

Media Contact

Organization: HUIYU FINANCE EXPO

Contact Person: Cathy Wong

Website: https://www.huiyuexpo.com/

Email: Send Email

Country:Hong Kong S.A.R.

Release id:48626

The post HUIYU FINANCE EXPO HONG KONG 2026 Highlights Financial Technology and Innovation 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

OrbitX Unveils QR Payment Infrastructure to Connect Global Freelancers and Startups with Local Point-of-Sale Networks

Published

35 minutes ago

on

September 1, 2026

By

Dubai, UAE, 1st September 2026, ZEX PR WIRE — Financial technology firm OrbitX has announced the rollout of stablecoin-driven QR payments across more than 15 international markets, expanding access to cost-effective financial tools for businesses, remote professionals, and digital workers in emerging economies. The deployment begins immediately in Vietnam and the Philippines, with additional market releases scheduled over the coming weeks.

The launch targets a persistent structural imbalance in international commerce: while talent and enterprises in emerging markets participate in the global digital economy, local banking systems impose heavy costs when receiving, converting, and spending foreign income. Traditional correspondent banks frequently charge 3 to 5 percent foreign exchange markups on U.S. dollar conversions, alongside settlement delays of three to five business days.

For a growing technology business or digital agency spending $15,000 monthly on international software services, cloud infrastructure, or remote contractors, standard foreign exchange surcharges accumulate to annual losses between $5,400 and $9,000. OrbitX resolves these operational bottlenecks by providing stablecoin-powered settlement rails that execute transactions instantly with transparent pricing.

Through the integrated OrbitX platform, users gain access to a complete financial management suite:

  • Named Virtual Accounts: Dedicated account details across major international currencies—including USD, EUR, GBP, AED, NGN, BRL, and MXN—allowing international clients to send funds that settle directly into self-custodial wallets.
  • Global Payouts: Fast international transfer functionality covering more than 80 destination countries with real-time clearing.
  • Visa Debit Access: Globally accepted payment cards valid across 150 million merchant locations.
  • Local QR Settlement: Instant point-of-sale conversion, allowing users to scan local QR codes at neighborhood merchants and settle payments directly from stablecoin balances in local fiat currencies like Vietnamese dong or Philippine pesos.

The inclusion of localized QR capabilities completes the utility loop for stablecoin holders. In markets where physical credit card terminals are rare but QR codes are ubiquitous—such as street markets, taxis, corner grocers, and pharmacies—OrbitX enables account holders to spend digital dollar earnings instantly without establishing local bank accounts or utilizing physical currency exchange counters.

Operating strictly on a self-custodial model, OrbitX ensures that account holders retain full control of their private cryptographic keys. Assets are never held in centralized corporate accounts, eliminating counterparty risks and protecting customer capital from third-party banking disruptions.

“OrbitX was built specifically for the millions of entrepreneurs, startups, and remote workers who deliver world-class work while enduring excessive financial friction,” said Ankitt Gaur, Founder and Chief Executive Officer of OrbitX. “A small software team in Lagos or an independent developer in Manila deserves access to the exact same high-efficiency financial infrastructure as a company operating in Silicon Valley. Enabling direct QR payments at local counters is a major step toward equalizing financial access worldwide.”

Gaur added regarding retail execution: “By allowing stablecoins to settle instantly through regional QR rails, we are taking digital dollars out of isolated wallets and putting them to work in the real economy—from local pharmacies to neighborhood transit. This is how digital currency evolves into a functional, daily financial account.”

Onboarding & Availability

OrbitX QR payments are operational today across Vietnam and the Philippines, with 15+ additional countries coming online in subsequent weeks. Individual registration is instantaneous, while corporate account verification takes 3 to 4 business days. Detailed platform features, developer API documentation, and mobile access are hosted at orbitxpay.com

About OrbitX

OrbitX is an all-in-one, self-custodial borderless finance platform powered by stablecoin technology, available via app and API. Engineered for individuals and commercial entities across Asia, Africa, the Middle East, and Latin America, OrbitX delivers named multi-currency virtual accounts, self-custodial cryptographic wallet security, global payouts to 80+ countries, Visa debit cards, and localized QR code payments. Grounded in its operational charter, “Banking without borders. Custody without compromise,” OrbitX provides global financial tools to emerging market participants.

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Press Release

ALL FAMILY PHARMACY CONTINUES TO EXPAND ACCESS TO AFFORDABLE TELEHEALTH AND PRESCRIPTION SERVICES NATIONWIDE

Published

1 hour ago

on

September 1, 2026

By

Making Healthcare Simpler, Faster, and More Accessible for American Families

United States, 1st Sep 2026 — All Family Pharmacy, a rapidly growing telehealth and prescription fulfillment platform, continues to expand its nationwide services as demand increases for convenient, affordable healthcare solutions that help patients access licensed medical providers and prescription medications from the comfort of home.

As healthcare costs continue to rise and access to care remains a challenge for many Americans, All Family Pharmacy has focused on creating a streamlined experience that removes unnecessary barriers between patients and healthcare professionals. Through its online platform, patients can connect with licensed providers, receive medical evaluations, and access prescribed medications through a simple and efficient process.

“Our mission has always been to make healthcare more accessible and less complicated,” said a spokesperson for All Family Pharmacy. “Patients deserve convenient options that fit their lives while maintaining the standards of care they expect. We are committed to helping individuals and families access healthcare services in a way that is transparent, affordable, and easy to navigate.”

The company has experienced significant growth as consumers increasingly seek alternatives to traditional healthcare models that often require lengthy appointment wait times, multiple office visits, and complicated prescription fulfillment processes. By leveraging telehealth technology and pharmacy partnerships, All Family Pharmacy helps bridge the gap between patients and the care they need.

In addition to expanding its telehealth capabilities, All Family Pharmacy continues to invest in customer support, technology infrastructure, provider networks, and educational resources designed to help patients make informed healthcare decisions. The company also works to provide clear pricing and straightforward access to a variety of healthcare services and prescription options.

Industry experts have noted that consumer adoption of telehealth services has accelerated dramatically in recent years, with millions of Americans now embracing virtual healthcare solutions as a practical component of their overall wellness strategy. All Family Pharmacy is positioned to meet this growing demand by focusing on convenience, accessibility, and patient-centered care.

As the company continues its expansion efforts, All Family Pharmacy remains focused on its core mission: helping patients access healthcare services quickly, safely, and efficiently while maintaining a commitment to affordability and customer satisfaction.

For more information about All Family Pharmacy and its available services, visit the company’s website.

About All Family Pharmacy

All Family Pharmacy is a telehealth and prescription fulfillment platform dedicated to providing convenient access to licensed healthcare providers and prescription medications. By combining technology, healthcare expertise, and customer-focused service, the company helps individuals and families navigate their healthcare needs through a modern, accessible approach.

 

Media Contact

Organization: All Family Pharmacy

Contact Person: Michael Kuenzler

Website: https://allfamilypharmacy.com/

Email: Send Email

Country:United States

Release id:48638

The post ALL FAMILY PHARMACY CONTINUES TO EXPAND ACCESS TO AFFORDABLE TELEHEALTH AND PRESCRIPTION SERVICES NATIONWIDE 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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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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