Business Daily Media

Men's Weekly

.

RiVERSE signs MOU with Various Parties to March towards a Future Digital Economy

KUALA LUMPUR, MALAYSIA - Media OutReach - 29 August 2022 - Web3 oriented software company, RiVERSE held its first official launch event on July 13, 2022 to commemorate its collaboration with various influential parties, including its global partners and their representatives from Thailand, Cambodia, and the Middle East.

The launch also saw partnership collaborations with RiLabs, Ms Riverse along with business collaborators Marathon Corporate Services Limited Trust (MCT).

The MOU Signing between RIVERSE's Mr Rex Yeap (left) and Tencent Cloud's General Manager's Mr Kenneth Siow (right) was a resounding success!

The launch event held in Malaysia sought to establish an alliance between RiVERSE and its various partners towards further development of RiVERSE’s virtual universe. This is an important milestone for RiVERSE as it signifies the first step of progression towards improving and transforming the global digital economy into Web3.0 industry. The event was very well received with great attendance by many influential partners and figures from all over the world.

Speaking on the occasion, Co-Founder of RiVERSE, Mr Rex Yeap, shared that, `In order to realize and achieve our unified goal, each Memorandum signing aims at completing different objectives for our collaboration.” Aside from the collaborators signing MoUs, attendees at the event also benefitted largely as they were able to gain insight into the workings of RiVERSE, its infrastructure, and its features such as RiLabs, RiChain and MemoRi.

Mr Rex Yeap also illustrated the importance of each feature under the RiVERSE Ecosystem as well as its impact on the global economy.

RiVERSE explores Tencent Cloud’s solutions for its Web 3.0-enabled Ecosystem

As the technology enabler of RiVERSE, Tencent Cloud will offer a wide range of solutions and infrastructure support, including Tencent Cloud’s Blockchain as a Service (TbaaS) for RiVERSE to develop its own private blockchain, as well as Cloud Virtual Machine (CVM), Cloud Block Storage (CBS), Cloud Load Balancer (CLB) to enable RiVERSE’s business and render real-life avatars for their virtual universe.

In line with Tencent Cloud’s vision to empower the world with advanced technologies, Mr Rex Yeap shared, “Tencent Cloud has a complete solution ecosystem with track records in enabling businesses across industries to transform digitally. RiVERSE would like to achieve the next level of business transformation by leveraging Tencent Cloud’s leading solutions in order to build a Web 3-enabled business ecosystem RiVERSE Virtual Universe for our customers.”Hashtag: #RiVERSE

About RiVERSE:

RiVERSE is a web3 oriented software company that focuses on creating innovative financial applications, decentralized digital economic and virtual platforms like Virtual Universe and NFT marketplaces using advanced technologies comprising Blockchain, Big Data Analytics, Artificial Intelligence, AR/VR, IoT and more.

One of its main features is the implementation of a Virtual Universe. The Virtual Universe is a digital twin of the world that is searchable, clickable, and machine-readable. It is an alternate digital reality where people work, play, and socialise.

The Virtual Universe was created during the COVID-19 pandemic and aimed to drive the digital economy during times of crisis. Many companies are seizing this golden opportunity to expand their businesses onto the Virtual Universe and drive the new era of economics.

RiVERSE firmly believes that the Virtual Universe is the first step to creating a new era of digital economy, and forming the foundation to shape and drive the world’s economy.

About RiVERSE Ecosystem:

RiVERSE’s core business comprises three main products including NFT (RiLex), Virtual Universe (MemoRi) and Blockchain (RiChain). Each of these products is a key component of RIVERSE and vital to its operations and development of a new digital economy. By incorporating web3.0 technologies in each of the components, RiVERSE is able to create state-of-the-art solutions for various industries that will lead to new job opportunities for users in the fields of finance, supply chain management, healthcare, arts and fashion, retail, cross-border trade and more. RiVERSE will provide job opportunities as a means to improve the state of the global economy and introduce a new method of work for the Web 3.0 era.

More information about the MoU Partners’ can be found here:

MOU Signing RiVERSE X Global Partners: The collaboration with Thailand, Cambodia and the Middle East aims to focus on promotion of the cultural arts of its partner countries, thereby allowing tourists to experience its cultural heritage globally through RiVERSE’s Virtual Universe.

MOU Signing RiVERSE X RiLabs: With plans to create value in beauty pageants and implementing a pageant show in the immediate future, RiVERSE aims to showcase the potential of RiLabs by hosting one of the most welcoming events in the world.

Business Cooperation MOU Signing between RiVERSE X Marathon Corporate Services Limited Trust (MCT): The partnership between MCT and RiVERSE aims to bring great potential in the development of Web 3.0 and therefore together be part of this transformational journey.

RiVERSE hopes that through these worldwide collaborations their virtual universe will be able to make its first mark on the world, and inspire many others to join the cause for a better tomorrow and a brighter future.

News from Asia

Taiwan CareTech Alliance Enters Japan’s Aging Market with Smart Elderly Care Products

TAIPEI, TAIWAN - Media OutReach Newswire - 18 November 2025 - As Japan transitions into a super-aged society, the demand for long-term care and assistive technologies is growing rapidly. Therefore...

Merlin Entertainments Group's Madame Tussauds Hong Kong Korean Heartthrob Jung Hae In's Wax Figure Inviting Fans to Enjoy ‘Our Time’ in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 18 November 2025 - Madame Tussauds Hong Kong, a brand under the Merlin Entertainments Group, is thrilled to announce the forthcoming addition of the worl...

Deleted

This Press release has been killed

Fortune Honours Malina Ngai as One of Asia's Most Powerful Women: The Science Behind AS Watson's 185-Year Legacy

KUALA LUMPUR, MALAYSIA & HONG KONG SAR - Media OutReach Newswire - 18 November 2025 - Dr. Malina Ngai, Group CEO of AS Watson, has been named one of Fortune's Most Powerful Women in Asia 2025...

HKSTP Co-hosts "Dongguan & Hong Kong Innovation and Technology Acceleration Exchange Conference" with Dongguan Science and Technology Bureau and Binhaiwan Bay Area

Multiple Collaboration Agreements Signed to Deepen Cross-border Development HONG KONG SAR - Media OutReach Newswire - 18 November 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP)...

Malaysians lose up to RM350 per trip despite spending days hunting for deals, Wise research shows

Wise teams up with content creator Adam Izzy to expose the hidden fees at travel pop-up at Starhill Piazza KUALA LUMPUR, MALAYSIA - Media Out Reach Newswire - 18 November 2025 - Malaysians are lo...

Malaysia Faces a Sharp Rise in Heart and Kidney Disease

Alpro Group, with support from Boehringer Ingelheim, launches Jaga CarDia to encourage early screening and prevention KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 18 November 2025 - Ev...

Hong Kong Design Centre Presents ‘Play, Pose & Pixel’ Digital Fashion Exhibition

From nostalgic dress-up dolls to designing digital avatars — discover how fashion evolves through imagination 22 November to 2 December at Gate33 Gallery @ AIRSIDE HONG KONG SAR - Media OutReach N...

Taiwan, Florida cities deploy AI to address rising urbanization challenges

TAIPEI, TAIWAN - Media-OutReach Newswire - 18 November 2025 - In Taoyuan's traffic control center, dozens of monitors display green lights cascading through city streets. When an ambulance races t...

ASEAN-China Week 2025 Opens in Fuzhou: Bridging ASEAN 2045 & Chinese Modernization

FUZHOU, CHINA - Media-OutReach Newswire - 18 November 2025 - The ASEAN-China Week 2025 opened grandly in Fuzhou, Fujian Province, on November 17, under the theme "Our Shared Future: Bridging ASEAN...

DesignStreet marks 27 years with a bold rebrand

In a fast-moving industry defined by continuous disruption, one independent creative agency is proving that longevity and innovation can go hand i...

Deputy partners with SuperAPI to streamline employee onboarding and help get shift-based industries ready for PayDay Super

Deputy, the global people platform for shift-based work, has announced a new partnership with SuperAPI, marking a major enhancement to its HR pro...

KuCoin invests in Australian sponsorships of the ACC, plus a major campaign with golf icon Adam Scott

KuCoin, a leading global crypto platform built on trust, announced the appointment of James Pinch as the Australian Managing Director, the establish...

Australian companies pitching to the world’s wealthiest investors

#CapTech 2025 to bring world investors to Australia’s doorstep  One of Australia’s leading business and capital events is bringing together inves...

Small business backlash builds as RBA’s surcharge ban risks fuelling inflation

Australia’s small business sector has launched a fierce campaign against the Reserve Bank of Australia’s (RBA) proposed ban on debit and credit card...

Australia’s Young Entrepreneurs Redefining Success Through Legacy and Community Impact

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...