Blockchain and WEB3.0 reach a sales agreement with NOIZ MERDEKA to enhance competitiveness in development

Blockchain and WEB3.0 reach a sales agreement with NOIZ MERDEKA to enhance competitiveness in development

Hong Kong, June 14, 2022 / PRNewswire / – NOIZChain Limited (“NOIZ“), Announced today that it has reached a conditional agreement to sell the entire issued share capital to Merdeka Financial Group Limited (stock code: 8163).”Merdeka“).

Andy Ann, NOIZ’s Chief Executive Officer, said, “NOIZ’s goal is to make blockchain technology widely available to every business and to make blockchain widely accepted and commercialized. We are committed to empowering initiatives to embrace Web3.0 environmentally, and we believe that as a Hong Kong-listed company, Merdeka will help NOIZ achieve competitive advancement by entering the capital market for further growth. Adhering to stricter disclosure requirements for listed companies increases NOIZ’s transparency between the organization and the investing public, which strengthens its reputation and credibility. “

Universal blockchain platform for every business

NOIZ is a blockchain-in-a-service (”BaaS”) A company that provides tailor-made services and advice to businesses that allow them to use cloud-based solutions to manage and develop their applications and smart contracts without the need to develop and maintain their own blockchain environment.

NOIZ primarily involves (i) the provision of a private blockchain as an infrastructure technology and the ongoing support of all value-added transactions and applications for business; (ii) design and build realistic metavers for initiatives to connect with reality and the virtual world; And (iii) create and issue smart contracts for corporate and individual clients in NOIZ Green Chain (as defined below).

ESG and sustainable product focus

Environmental, social and governance (”ESG”) Became the top agenda of investors worldwide as an essential non-financial factor in their investment decisions. NOIZ value ESG and sustainable development.

NOIZ has created an eco-friendly blockchain known as “NOIZChain” (”)NOIZ green chain”), Which accepts proof of power (”PoC”) Consensus process that allows network clients to use the available hard drive space to decide mining rights and legalize transactions. Compared to other compliant processes such as work evidence, PoC is considered energy efficient because participants only provide temporary storage space on their hard drives instead of requiring expensive and specialized hardware that consumes a lot of energy to solve computationally compact encryption. NOIZ Green Chain consumes about 2,600 times less energy than conventional proof of work platforms.

Assistance in achieving cost efficiency and effectiveness

With the foundation of NOIZ Green Chain, NOIZ has created a metaverse (“NOIZ Metaverse”) And an all-in-one digital wallet (”)Beam Digital Wallet”) NOIZ in the green chain.

NOIZ Metaverse is built using Unreal Engine 5, a powerful software that creates virtual worlds for video game development, film studios and architectural research. In contrast to the existing pixelated metavars, NOIZ metavars further narrow the gap between the virtual world and reality. NOIZ helps create their own realistic metavers for commercialization.

Beam Digital Wallet is a mobile wallet that can be downloaded from the Apple App Store and Google Play Store, a built-in marketplace that allows users to buy, sell, transfer and track all smart contracts in the hands of users. Smart deals transacted within the marketplace are transacted via Fiat currency with payments for both MasterCard / Visa cards.

Andy Ann, Chief Executive Officer of NOIZ, added: “We provide tailor-made blockchain development services in a variety of industries, including international banks, insurance companies, industrial museums and advertising agencies. We look forward to partnering with more diverse clients. If the proposed transaction succeeds by moving to a listed platform in the future. “

About Merdeka Financial Group Limited (Stock Code: 8163)

Merdeka Financial Group Limited is a GEM listed company operated by the Hong Kong Stock Exchange (stock code: 8163). Merdeka is a reliable and trusted industry expert who focuses on two core businesses, namely the financial services business and the corporate consulting business.

Headquartered in Hong Kong, it is establishing an extensive financial network in Hong Kong and both countries China background. Its clients are mainly Asian corporations. With its deep experience, it specializes in finding the best solution for clients that provides the most favorable contract structure and return on investment.

About NOIZ

Founded in 2018 and headquartered in Hong Kong, NOIZChain Limited (“NOIZ“), Is a blockchain-in-a-service (“BaaS“) A company whose goal is to make blockchain technology widely available to every business and to make blockchain widely accepted and driven by commercialization.

NOIZ values ​​environmental, social and governance and has created an eco-friendly blockchain known as “NOIZChain” (”).NOIZ green chain”), Which accepts evidence of a power consent process that allows mining devices in the network to use available hard drive space to determine mining rights and validate transactions. It has also created a Metaverse and an all-in-one digital wallet at NOIZ Green Chain.

NOIZ provides tailor-made services in various industries covering international banks, insurance companies, art museums and advertising agencies, and is ready to expand its business in a fast-growing market.

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Source Merdeka Financial Group Limited

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