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

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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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Press Release

Sheryar Shah Predicts Major Decline in Hong Kong Graduate Entry-Level Jobs by 2028

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Sheryar Shah, Head of AI Growth at sher.hk, highlights a 55% year-on-year drop in Hong Kong graduate entry-level vacancies — the lowest in five years — as companies adopt AI for routine junior tasks.

Hong Kong S.A.R., 9th Mar 2026 – Sheryar Shah, Head of AI Growth at sher.hk, has drawn attention to a notable trend in Hong Kong’s graduate employment market: full-time entry-level graduate vacancies have fallen by approximately 55% year-on-year — reaching the lowest level recorded in five years — as companies increasingly adopt generative AI and automation tools for routine junior tasks.

“The entry-level pathway that Hong Kong graduates have traditionally relied on is undergoing visible change,” Shah noted. “We are seeing a clear 55% reduction in advertised graduate positions through the public university portals, and AI is already handling many of the basic starter tasks that used to be managed by new hires. Current trends suggest this shift will continue in the coming years.”

Current data indicates ongoing change in the market

Hong Kong’s graduate recruitment environment is showing clear movement:

  • Full-time graduate vacancies through the eight public universities declined approximately 55% year-on-year in the most recent reporting period — the lowest figure in five years.
  • Generative AI is now commonly used for functions previously assigned to new graduates: basic email drafting, data entry, customer-service responses, simple translation, content generation, junior administrative support, and routine compliance monitoring.
  • Surveys of employers from late 2025 into early 2026 show many companies planning continued adjustments to graduate intake, with AI often identified as an alternative for repetitive entry-level work.

Shah points to the 55% drop as evidence of a broader structural shift, supported by international workforce analyses (McKinsey, Goldman Sachs, IMF 2023–2025) that expect continued automation in administrative, clerical, and service-oriented sectors. “When AI reliably performs 70–80% of a junior role’s output at significantly lower cost, the economic rationale for retaining the human equivalent becomes more challenging,” he explained. “Across many Hong Kong businesses, this reasoning is contributing to the changes we observe in traditional graduate entry opportunities.”

A changing job market structure

Shah highlighted an important distinction:

  • Overall employment levels in Hong Kong are not expected to decline sharply. New roles will continue to emerge.
  • Emerging demand is increasingly focused on positions that require immediate AI fluency combined with specialised human judgment — a combination that most current graduates are not yet fully prepared to meet from day one.

“The graduate entry market is shifting noticeably,” Shah observed. “Premium opportunities now often require AI proficiency from the outset. The large volume of ‘learn-as-you-go’ starter positions that historically served as the bridge is contracting. The middle ground is narrowing.”

This observation comes as Hong Kong experiences a pronounced contraction in graduate employment in recent years, with ongoing youth unemployment pressures and companies placing greater emphasis on AI solutions for routine functions.

(The 55% figure reflects reported year-on-year vacancy data from Hong Kong’s public university job portals. Future developments will depend on upskilling initiatives, economic conditions, and policy responses. The observed direction is consistent with current trends and international analyses.)

Media Contact

Organization: trustbanana

Contact Person: Sher

Website: https://trustbanana.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:42312

The post Sheryar Shah Predicts Major Decline in Hong Kong Graduate Entry-Level Jobs by 2028 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

Pure Tax Investigations Provides Specialist HMRC Tax Compliance and Disclosure Services Across the UK

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Pure Tax Investigations, led by tax specialist Amit Puri, supports individuals and businesses navigating HMRC tax enquiries and voluntary disclosure procedures.

London, United Kingdom, 9th Mar 2026 – Pure Tax Investigations, a specialist firm focused on HMRC tax compliance and voluntary disclosures, continues to assist individuals, entrepreneurs, and businesses across the United Kingdom with tax enquiry and disclosure matters. The firm brings more than two decades of professional experience to each case, helping clients work through complex tax compliance requirements.

Based in the City of London, Pure Tax Investigations regularly contributes commentary and professional insights to leading industry publications. These include Bloomberg Tax, FT Adviser, Accounting Today, AccountingWEB, Tax Insider, Taxation Magazine, and The Negotiator. The firm shares analysis and information to help professionals and the public better understand the tax disclosure and compliance process.

Most recently, Amit Puri authored a piece on crypto tax disclosures, drawing on his experience in the field of tax compliance and voluntary disclosure procedures.

Puri has also been an active speaker at industry events. He previously presented at Accountex in London and is scheduled to present at FAB 2026 at the Birmingham NEC on March 11.

Areas of Practice

Pure Tax Investigations supports clients across several areas of HMRC tax compliance and voluntary disclosure, including:

  • HMRC tax enquiry guidance
  • Code of Practice 9 (COP9) compliance procedures
  • Contractual Disclosure Facility (CDF) voluntary disclosures
  • Complex matters benefiting from prior HMRC inspector experience

The firm’s focus is on helping clients understand their tax position and work through disclosure procedures in a structured and compliant manner.

Expert Perspective

“Many individuals and businesses are simply unaware of their options when it comes to making a voluntary tax disclosure. Our role is to guide people through that process clearly and professionally, so they can resolve their tax position with confidence,” said Amit Puri, Founder, Pure Tax Investigations

Background of Amit Puri

Amit Puri brings more than 21 years of experience in tax investigations and disclosures. He spent over a decade as a senior tax inspector with HMRC, including a period as head of the tax disclosures team.

That background gives Puri a grounded understanding of how HMRC approaches enquiries and disclosures, knowledge he now applies in advising clients. He is regularly sought out by individuals looking to address past tax matters and by professional publications seeking industry perspective on tax compliance trends.

About Pure Tax Investigations

Pure Tax Investigations was established to provide specialist advice on HMRC tax matters. Amit Puri has been working in tax investigations for over 21 years and has spent nearly 12 years in private practice advising clients on compliance and disclosure matters.

The firm operates from the City of London and serves clients across the United Kingdom, including individuals and businesses with overseas connections and UK tax obligations.

To learn more, visit https://pure-tax.com/

For any inquiries, call +44 203 757 5669 or send an email to info@pure-tax.com.

For the latest updates, follow Pure Tax Investigations on social media: 

Instagram: @pure.tax.investigations

YouTube @AmitPuri-PureTaxInvestigations

LinkedIn @amitpurigt

LinkedIn (Company): https://www.linkedin.com/company/pure-tax/

Media Contact

Organization: Pure Tax Investigations

Contact Person: Mr. Amit Puri

Website: https://pure-tax.com/

Email: Send Email

Contact Number: +442037575669

City: London

Country:United Kingdom

Release id:42303

The post Pure Tax Investigations Provides Specialist HMRC Tax Compliance and Disclosure Services Across the UK 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

Elmark Sign Company Elevates Brand Visibility with Expert Custom Signage Solutions

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West Chester, Pennsylvania, United States, 9th Mar 2026  Elmark Sign Company, a leading provider of custom signs, office branding, and vehicle graphics, continues to set the standard for high-impact visual communication with industry-trusted craftsmanship and strategic design expertise. With over 40 years in business and a track record of more than 50,000 completed projects, Elmark reinforces its commitment to helping businesses enhance visibility, strengthen branding, and create memorable customer experiences.

At a time when a standout presence matters more than ever, Elmark delivers tailored signage solutions that help organizations of all sizes—from local small businesses to global corporations—bring their brand messages to life. The company’s comprehensive portfolio includes acrylic panel signs, ADA & Braille signs, carved signs, dimensional letters, LED-illuminated signs, exterior and interior signage, plaques, vehicle wraps, wall and window vinyl, and wayfinding systems.

Approaching each project with a “client first” mindset, the Elmark team provides a high quality customer experience from start to finish.  They work closely with clients to understand their goals, challenges, and unique brand identities, delivering customized signage that not only looks exceptional but also performs under real-world conditions.

Unlike generic sign providers, Elmark offers end-to-end project management, including site surveys, permit acquisition, engineering, and installation services. This holistic approach ensures that each sign is not only visually striking but also compliant with local regulations and optimized for maximum impact.

Elmark Sign Company’s portfolio spans industries and applications—from enhancing retail storefronts and corporate environments to transforming vehicle fleets into mobile billboards. With decades of experience, Elmark has earned the trust of clients across the Mid-Atlantic region and beyond, serving markets such as Chester County, Delaware County, Montgomery County, Bucks County, and New Castle County.

In addition to custom signage, Elmark’s professional design services support brand development through thoughtful visual strategy and creative execution. Whether a business needs new branding assets or a refresh of existing signage systems, Elmark’s experts guide each client through a seamless process from concept to completion.

With a legacy built on quality, reliability, and customer satisfaction, Elmark Sign Company continues to champion innovative signage solutions that help organizations increase brand recognition and engage their audiences more effectively than ever before.

About Elmark Sign Company

Elmark Sign Company is the Mid-Atlantic’s premier manufacturer of custom signs, vehicle wraps, and branding graphics. With 40+ years of experience and thousands of happy clients, Elmark delivers creative, high-quality signage solutions backed by exceptional service and a commitment to excellence.
Website: https://www.elmark.com/

Media Contact

Organization: Elmark Sign Company

Contact Person: Matthew Bayley

Website: https://www.elmark.com/

Email: Send Email

Contact Number: +16106920525

Address:307 Westtown Road

City: West Chester

State: Pennsylvania

Country:United States

Release id:42430

The post Elmark Sign Company Elevates Brand Visibility with Expert Custom Signage Solutions 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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