Business Wire

W Green Pay (WGP) - The Global Solution to Greenhouse Gas (GHG) Reduction

Jaa

W-Foundation (www.gcrfund.org/en/), the philanthropic foundation behind HOOXI campaign, Global Nature Conservation Campaign, introduces W Green Pay (WGP), the ERC20-compliant blockchain, to reward HOOXI app users for their Greenhouse Gas (GHG) reduction efforts.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180530005620/en/

(Graphic: W-Foundation)

(Graphic: W-Foundation)

Korean government officials attended and shared congratulatory messages at the “Nation-wide Public Movement to Reduce GHG Emission (HOOXI Campaign)” Declaration and Committee Inauguration Ceremony held at National Assembly in December 2017 and April 2018: Kim, Eunkyung (Minister, Ministry of Environment), Kim, Hyunmee (Minister, Ministry of Land, Infrastructure, and Transport), Jeong, Segyun (Chairman, National Assembly), Choo, Miae (Representative Member, Democratic Party – the ruling party), Im, Jongseong (Member, National Assembly), and many more.

Sustainable business model: Globally first to reward individuals in carbon market

HOOXI app will aggregate the GHG reduction data of individuals, for which Korean government will allocate NEPs (National Emission Permit: trades at approximately US$20 for 1 ton). With revenue from the allocated NEPs traded at the market, HOOXI app will fund its operations and the ongoing market purchase of WGP to reward users.

HOOXI app: Gamification features with instantaneous rewards (WGP)

HOOXI app offers a variety of functional advantages.

First, HOOXI app is a ground-breaking platform digitizing public participation and rewards for GHG reduction efforts.

Second, HOOXI app is a mobile app-based environmental encyclopedia. HOOXI app provides easily executable ways to reduce GHG in everyday life, and information on environmental impacts driven by user participation.

Third, HOOXI app uses artificial intelligence (AI) to analyze the profile of each user and customize missions for their lifestyle, age, gender, occupation. Based on these analyzed information, tailored daily, weekly and monthly GHG reduction missions will be sent to users.

Fourth, HOOXI app incentivizes users through its gamification features. HOOXI app can track users’ daily exercise stats as Fitbit does and suggest location-based missions as Pokémon Go’s does. Based on their completed mission points, users can track their ranks and compete within and between their groups, i.e. friends, companies, and the entire country.

Fifth, think of the likes on your Instagram posts — we are constantly endeavoring to achieve and be rewarded instantaneously. With its social networking service features, HOOXI app encourages users to get on the app daily to earn rewards.

Using WGP: Shopping, cashback and more

Users can use WGP tokens in different channels. W-Foundation’s HOOXI mall and partnered-online and offline retail stores will accept WGP for payment. WGP-affiliated credit card with Korean commercial banks will also be launched, with WGP as a payback system for credit card users.

W-Foundation continues to work on HOOXI app’s development as well as WGP’s utility. “As more users join, HOOXI app will extract a greater value from the carbon market and enhance WGP’s value and liquidity to its holders,” said Youree Lee, CEO of W-Foundation.

Subscribe on W Green Pay (WGP) website ( www.wpay.sg ), for promotions and exclusive updates.

Contact information

Media Enquiries
W-Foundation
Michael Lee
michael@wfoundation.kr

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

REPLY Study on Artificial Intelligence: Quo vadis, AI?23.1.2019 13:00Tiedote

Artificial intelligence enable machines to better understand the surrounding context, giving them the ability to recognise sight, sound and speech. This is made possible by machine learning algorithms. A current study by Reply, conducted with the trend platform SONAR, shows which trends are still relevant in this area. The study highlights some aspects of the future potential of Artificial Intelligence (AI). Complex algorithms, Edge Computing tools that reduce latency periods and AI-specific hardware are yielding many new products and services for mobile computing, the Internet of Things (IoT) and Human-machine Interfaces. There are many different possible scenarios, and three trends play a major role in determining AI’s future as a game changer: AI-driven analytics In the era of digital transformation, decisions are made based on data with the help of predictive analytics. Companies in diverse industries use AI-as-a-service solutions from established providers or start-ups and increas

GSMA Announces Nominees for 2019 GLOMO Awards23.1.2019 12:00Tiedote

The GSMA today announced the nominees for the Global Mobile Awards 2019 (GLOMO Awards). Winners of the awards will be presented throughout MWC19 Barcelona, which takes place 25 - 28 February. The full list of nominees can be found at www.mwcbarcelona.com/conference-programmes/global-mobile-awards/global-mobile-awards-2019-nominee-shortlist/. “The GLOMOs provide a world stage on which to celebrate the most inspirational and innovative developments across our industry, recognising the companies and individuals leading the way in everything from 5G, to emerging markets, to intelligent connectivity,” said John Hoffman, CEO, GSMA Ltd. “The awards attract a significant level of high-quality entries, so being nominated today is a great achievement. We wish everyone the very best of luck and we look forward to some exciting announcements at MWC19 Barcelona.” The GLOMO Awards feature an afternoon ceremony at 16:30 CET on Tuesday, 26 February in Auditorium 5, Hall 4, and will include the present

Y Analytics Launches to Bring Together Capital and Research for Good23.1.2019 11:58Tiedote

Today marks the launch of Y Analytics, a new, independent organization established to drive increased and more effective investment in creating social and environmental good by equipping capital allocators with the research basis to effectively understand the impact of their decisions. The organization, headquartered in Washington, D.C. and led by Maryanne Hancock, will help bridge the divide between the research community and capital allocators. Ultimately, this will ensure that capital directed at addressing the United Nations Sustainable Development Goals is used most efficiently, and more broadly, that we advance our abilities to direct capitalism towards solutions that have the potential to create real, tangible impact. From Maryanne Hancock, CEO of Y Analytics: “We are building on the extensive effort of others, who have worked for decades to advance the world’s understanding of what creates impact. Y Analytics is built on the premise of learning from their work, utilizing resear

SpeeDx Increase European Distribution Network23.1.2019 11:00Tiedote

SpeeDx have announced signing two new distribution partners, creating comprehensive access for customers to market-leading SpeeDx ResistancePlus ® and PlexPCR ® tests across Europe. AB ANALITICA will distribute throughout Italy and Immuno Diagnostic Oy will cover Finland. “Our new distribution partners have strong sales presence in their regions and close working relationships with the key customers that are interested in our solutions,” says Colin Denver, SpeeDx CEO. “Antibiotic resistance in sexually transmitted diseases is a top concern for authorities and testing bodies across Europe, and now more laboratories can access our ResistancePlus tests for Mycoplasma genitalium and gonorrhoea to help address the real need for Resistance Guided Therapy.” The SpeeDx ResistancePlus portfolio includes ResistancePlus GC* (CE-IVD) - the first commercially available test that combines Neisseria gonorrhoeae (GC) detection with markers for ciprofloxacin susceptibility. ResistancePlus GC enables st

Nikon, ASML And Carl Zeiss Sign Agreement to Settle All Litigation23.1.2019 10:02Tiedote

Nikon Corporation (“Nikon”) (TYO: 7731), ASML Holding N.V. (“ASML”) (NASDAQ: ASML) and Carl Zeiss SMT GmbH (“Zeiss”) have signed a Memorandum of Understanding relating to a comprehensive settlement of all legal proceedings over patents for lithography equipment and digital cameras. The Memorandum of Understanding is a binding agreement that concerns all pending disputes between Nikon, ASML and Zeiss in Europe, Japan and the United States, including at the U. S. International Trade Commission. The three companies expect to execute a definitive settlement and cross-license agreement and dismiss all legal proceedings between the parties in February 2019. The terms of the Memorandum include a payment to Nikon by ASML and Zeiss of a total of EUR 150 million (approximately 19.0 billion Japanese Yen*). Furthermore, the cross-license agreement contemplated by the Memorandum includes mutual royalty payments of 0.8% over the sales of immersion lithography systems for 10 years from the signature

PMI Explores Global Public Health Issues in New White Paper23.1.2019 10:00Tiedote

In a new White Paper, “Public Health—Much Harder than Rocket Science,” Philip Morris International (PMI) (NYSE:PM) looks at the dynamics between consumers, corporations and authorities across a range of global public health issues. It is based on a recent global survey conducted by IPSOS. Consumers all over the world want their governments to do better at solving major public health issues, according to the IPSOS survey of 31,000 respondents across 31 countries commissioned by PMI. In the survey, respondents were asked how important they believed it is for governments to dedicate time and resources to nine global health issues: air pollution, mental health, STDs, healthier food products, opioid abuse, smoking and alcohol abuse, unwanted pregnancies and obesity. When asked about the role of technology and innovation in addressing these issues, 91 per cent of respondents believed technology and innovation had an important role to play. However, respondents did not evaluate government per

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme