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Tallinn, Estonia, Jan. 23, 2021 (GLOBE NEWSWIRE) -- Uzbek technology company to release wallet, lending, investing and learning hubs built on the Stellar blockchain Uzbekistan-based blockchain project Okschain has announced an ambitious plan for 2021, focusing on a series of fintech services that solve many of the biggest challenges facing current blockchain technology. The Okschain platform aims to provide a full suite of products and services which make finance easier and more affordable, while leading the industry in transaction speed, security, reliability and convenience. Developed as a fork of the Stellar blockchain used by the likes of Wirex and IBM, Okschain will remove barriers to entry for traditional financial products such as payments, saving, lending and investing. Platform users will transfer funds and make payments through a universal wallet, exchange digital assets with a low-fee decentralized exchange. In phase 2, Okschain will enable crypto and fiat investing, peer-to-peer lending, traditional lending and AI-powered microloans. The platform will also feature a tokenized version of the team’s existing tech investment fund, allowing anyone to invest in a diverse portfolio of investments, from data and mining centres to AI labs and ecotech projects. The unique model will enable users to invest small sums in transformative startups that would otherwise be inaccessible to retail investors. The Okschain roadmap Okschain is set to launch the first features of its fintech platform in the first half of 2021, beginning with a multi-currency, fiat-and-crypto digital wallet, a decentralised exchange and a peer-to-peer lending service. The roadmap includes a traditional business-to-consumer lending portal, an API payment gateway which connects merchants with consumers, the creation of a data centre for storage and transmission with Russian, Ukrainian and Asian partners and the launch of its tokenized venture capital fund. Okschain is also launching Okslab, a learning platform to support the training of developers . Course participants will be offered expert tuition in a wide range of technical skills, receive certified qualifications and the opportunity to work with leading companies in Uzbekistan. The project will initially pilot in the team’s home nation, followed by roll-outs to European, Asian, Middle Eastern and African markets. Although fintech lies at the heart of the Okschain vision, the company’s ambitions will see progress in the fields of hard-tech, eco-technology, AI and medicine through 2022 and beyond. The team Okschain was founded by promising young tech entrepreneurs Bekzod Gapparov and Akhrorkhuja Makhmudov. Gapparov, a nanotech graduate with experience in data centres, mining farms and financial services, has served as an advisor to a number of Uzbek blockchain projects. Okschain has assembled a team of developers, analysts, legal advisers and marketers, supported by a dedicated, crypto-savvy community. Founder Bekzod Gapparov said: “Decentralised technology and fintech are growing year on year, but there are still many problems related to storage, payments and lending. Our goal is to solve all of them within one ecosystem, with transparency and fairness at its heart. These values must be the foundations of our new financial system, to guarantee justice and freedom for all of our participants. To make our ambitious plans a reality, the next, exciting phase will involve building on our already significant code base, utilising assets such as our own data centers and leveraging the expertise and professionalism of our talented team. We owe much to the dozens of developers, marketers, investors, partners and supporters who believe in our product, including many of the leading crypto exchanges and decentralized projects. We will not let them down.” For more information on Okschain including its MVP, whitepaper and community platforms, please visit https://okschain.com/. Media Contacts: Company: OkschainEmail: okschain@gmail.comWebsite: https://okschain.com/
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A grandmother and grandson had a heartwarming reunion in Fort Worth, Texas, on January 13 after the grandmother, Angeles, got the all-clear after testing positive for the coronavirus seven weeks earlier.After receiving a negative test result, Angeles again wrapped her arms around her six-year-old grandson, Zavien.Video of the moment was captured on camera by Zavien’s mother, Angelica, who told Storyful: “We weren’t able to see her during Thanksgiving, Christmas and New Years. The video shows the moment she surprised my son a day after finally testing negative. My son couldn’t believe it”. Credit: Angelica Vargas via Storyful
The award-winning broadcaster became a household name with his long-running CNN show ‘Larry King Live’
The release of the latest James Bond film, "No Time to Die," has been postponed for the third time as the coronavirus pandemic continues to devastate Hollywood.The state of play: The film's release, initially scheduled for April 2020, was first postponed to November 2020, and then to April 2021. MGM said this week that movie's global debut will now be delayed until Oct. 8. Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here. * "No Time to Die" was the first major Hollywood movie to push back its global rollout amid coronavirus concerns.The big picture: The film industry has been hit particularly hard by the coronavirus pandemic with many movie theaters closed or at reduced capacity. * Some motion picture companies have delayed the debut of major productions, while others have released films on streaming services at the same time or just days after the movies hit theaters.Go deeper: Movie industry in shambles for foreseeable futureBe smart: sign up FREE for the most influential newsletter in America.
The stock market is riding a bullish wave, but here comes a tsunami of earnings, led by Apple and Tesla. With the Nasdaq extended, here's what to do.
Plus virtual interviews and favorite Ivy business booksThe post What You Need To Score On The GMAT appeared first on Poets&Quants.
With a career spanning 63 years, Larry King had many memorable moments behind the mic. The veteran broadcaster, who died Saturday at the age of 87, became a household name as the host of CNN’s “Larry King Live,” which logged a record-setting run of hours from 1985 to 2010. When King signed off of CNN […]
The Girard, Kansas Carnegie library. National Park ServiceThe same ethos that turned Andrew Carnegie into one of the biggest philanthropists of all time made him a fervent proponent of taxing big inheritances. As the steel magnate wrote in his seminal 1899 essay, The Gospel of Wealth: “Of all forms of taxation this seems the wisest. By taxing estates heavily at death the State marks its condemnation of the selfish millionaire’s unworthy life.” Carnegie argued that handing large fortunes to the next generation wasted money, as it was unlikely that descendants would match the exceptional abilities that had created the wealth into which they were born. He also surmised that dynasties harm heirs by robbing their lives of purpose and meaning. He practiced what he preached and was still actively giving in 1911 after he had already given away 90 percent of his wealth to causes he cared passionately about, especially libraries. As a pioneer of the kind of large-scale American philanthropy now practiced by the likes of Bill Gates and George Soros, he espoused a philosophy that many of today’s billionaires who want to leave their mark through good works are still following. The Medford, Oregon public library, depicted in this postcard, is a classic example of Carnegie library architecture. Offbeatoregon.com A modest upbringing The U.S. government had taxed estates for brief periods ever since the days of the Founders, but the modern estate tax took root only a few years before Carnegie died in 1919. That was one reason why the great philanthropist counseled his fellow ultra-wealthy Americans to give as much of their money away as they could to good causes – including the one he revolutionized: public libraries. As a librarian who has held many leadership roles in Michigan, where Carnegie funded the construction of 61 libraries, I am always mindful of his legacy. Carnegie’s modest upbringing helped inspire his philanthropy, which left its mark on America’s cities large and small. After mechanization had put his father out of work, Carnegie’s family immigrated from Dunfermline, Scotland, to the U.S. in 1848, where they settled in Allegheny, Pennsylvania. The move ended his formal education, which had begun when he was eight years old. Carnegie, then 13, went to work as a bobbin boy in a textile factory to help pay the family’s bills. He couldn’t afford to buy books and he had no way to borrow them in a country that would have 637 public libraries only half a century later. In 1850, Carnegie, by then working as a messenger, learned that iron manufacturer Colonel James Anderson let working boys visit his 400-volume library on Saturdays. Among those books, “the windows were opened in the walls of my dungeon through which the light of knowledge streamed in,” Carnegie wrote, explaining how the experience both thrilled him and changed his life. Books kept him and other boys “clear of low fellowship and bad habits,” Carnegie said later. He called that library the source of his largely informal education. Carnegie eventually built a monument to honor Anderson. The inscription credits Anderson with founding free libraries in western Pennsylvania and opening “the precious treasures of knowledge and imagination through which youth may ascend.” This postage stamp depicted the steelmaker in a library, halfway through a book. Supporting communities Carnegie believed in exercising discretion and care with charitable largess. People who became too dependent on handouts were unwilling to improve their lot in life and didn’t deserve them, in his opinion. Instead, he sought to “use wealth so as to be really beneficial to the community.” For the industrial titan, that meant supporting the institutions that empower people to pull themselves up by their bootstraps like universities, hospitals and, above all, libraries. In Carnegie’s view, “the main consideration should be to help those who will help themselves.” Free libraries were, in Carnegie’s opinion, among the best ways to lend a hand to anyone who deserved it. Carnegie built 2,509 libraries in the late 19th and early 20th centuries, 1,679 of them across the U.S. in nearly every state. All told, he spent US million of his wealth on libraries. Adjusted for inflation, that would top .3 billion today. Some were grand but about 70 percent of these libraries served towns of less than 10,000 and cost less than ,000 (at that time) to build. A lasting legacy Through Carnegie’s philanthropy, libraries became pillars of civic life and the nation’s educational system. More than 770 of the original Carnegie libraries still function as public libraries today and others are landmarks housing museums or serving other public functions. More importantly, the notion that libraries should provide everyone with the opportunity to freely educate and improve themselves is widespread. I believe that Carnegie would be impressed with how libraries have adapted to carry out his cherished mission of helping people rise by making computers available to those without them, hosting job fairs and offering resume assistance among other services. Public libraries in Michigan, for example, host small business resource centers, hold seminars and provide resources for anyone interested in starting their own businesses. The statewide Michigan eLibrary reinforces this assistance through its online offerings. The Michigan eLibrary, however, gets federal funding through the Institute of Museum and Library Services. And the Trump administration has tried to gut this spending on local libraries. Given Carnegie’s passions, he surely would have opposed those cuts, along with the bid by President Donald Trump and Republican lawmakers to get rid of the estate tax. George Soros, right, eyed the busts of Andrew Carnegie on a mantel, as he sat with the late David Rockefeller in 2001 when they were among the first recipients of the Carnegie Medals of Philanthropy. AP Photo/Richard Drew Outside of government, Carnegie’s ideas about philanthropy are still making a difference. In the Giving Pledge, contemporary billionaires, including Bill and Melinda Gates and Warren Buffett, have promised to give away at least half of their wealth during their lifetimes to benefit the greater good instead of leaving it to their heirs. Following in Carnegie’s footsteps, the Gates family has supported internet access for libraries in low-income communities and libraries located abroad. Several billionaires, including Buffett, have publicly professed their support for the estate tax. A philosophy of giving and public responsibility may be one of Carnegie’s most enduring legacies. Editor’s Note: The Bill and Melinda Gates Foundation is a strategic partner of The Conversation US and provides funding for The Conversation internationally as does the Carnegie Corporation of New York.This article is republished from The Conversation, a nonprofit news site dedicated to sharing ideas from academic experts. Read more:How religion motivates people to give and serveWhat influences American giving?The Library of Congress opened its catalogs to the world. Here’s why it matters Arlene Weismantel does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
After a 6-10 season in Joe Judge’s first season as head coach, the are looking to make the leap to contender in 2021 after seeing their postseason dreams dashed on the final Sunday of the year. Picking outside the Top 10 for the first time since 2017, here’s a look at what the experts think Big Blue could do with the 11th pick.
Intense flashes lasted only 10 milliseconds, observers say
The shorthanded Washington Wizards signed free agent centers Alex Len and Jordan Bell on Saturday, trying to fill out a roster decimated by COVID-19 and injuries. The Wizards have scrapped six games since a win over Phoenix on Jan. 11 made them 3-8. Starting center Thomas Bryant is out for the season with an injured left knee and point guard Russell Westbrook is still dealing with a left quadriceps injury.
Pope Francis is once again canceling public appearances due to nerve pain. Francis will not participate in three events over the coming days “due to a recurrence of sciatica,” Vatican spokesman Matteo Bruni said in a statement on Saturday. The 84-year-old pope will go ahead with the Angelus blessing on Saturday, delivered from the Apostolic Library instead of a window overlooking St. Peter’s Square due to the virus resurgence.
Jim Carrey wasn’t about to let Melania Trump leave the White House without one final goodbye. In his latest political cartoon, the artist and actor shared a rather unflattering depiction of Melania Trump alongside the caption, “Oh…and goodbye worst first lady. I hope the settlement can finance your life in the shallow end. Thx for nothing!” On Wednesday, the former first lady and her husband skipped the inauguration and flew down to Palm Beach, Florida, where they are expected to take up residence at the Mar-a-Lago resort. But with the end of Donald Trump’s presidency, many have speculated what his wife’s post-White House plans will be — and whether she’ll stay married to him. Also Read: Jim Carrey Celebrates the End of Trump's Presidency by Throwing Paper Towels at TV Jacqueline Newman, a Manhattan divorce lawyer and managing partner at Berkman Bottger Newman & Schein, told the Daily Mirror that Melania Trump could receive upwards of $50 million in a divorce — a settlement that Carrey was likely referring to in his cartoon. “I am guessing that she will receive actual cash payments as well as properties. Should she move back to New York City, he will be providing housing for her, whether it means her retaining a property in her own name or that he will provide her with an apartment to live in, which he would own, until their son is emancipated, which is 21 in New York,” Newman told the U.K. tabloid. “She will also retain any assets that are currently in her own name as well. I would not be surprised if the amounts range between $20 million and $50 million.” Meanwhile, on the day of the inauguration, Carrey said he had “wept with joy and relief” in a message shared with his followers. “It seems Democracy is meant for people who dare to love after all,” the prolific artist and comedian wrote. “I pray that soon more and more of us will see how deeply satisfying it is to win the game by playing fair.” Take a look at his latest political cartoon here. pic.twitter.com/zvU6tF4UjM — Jim Carrey (@JimCarrey) January 22, 2021 Read original story Jim Carrey Takes a Farewell Jab at ‘Worst First Lady’ Melania Trump in Latest Cartoon: ‘Thx for Nothing’ At TheWrap