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Monday, September 2, 2024

IDDB is Set To Be Indonesia's First Bond Tokenization Project, Aiming to Join OJK's Sandbox and Trade on Nanovest

  

Jakarta, Indonesia - PT Sejahtera Bersama Nano officially collaborated with PT Tumbuh Bersama Nano (Nanovest), presenting Indonesia's first bond tokenization product innovation. The ID Digital Bonds (IDDB) is the first project in Indonesia to adopt the tokenization of financial assets in the form of bonds. This IDDB project is the result of development and collaboration between Nanovest as a crypto exchange, which is registered as CPFAK, PT Sejahtera Bersama Nano (SBN) as token issuer, STAR Asset Management as investment manager partner, and Bank Sinarmas as custodian, which holds bond financial assets.

Bank Indonesia (BI) noted that there had been an outflow of funds or capital from within the country to abroad, either directly or indirectly (capital outflow), amounting to IDR 780 billion from June 19-20, 2024. The flow of foreign capital came out through net stock market sales of IDR 1.42 trillion. Meanwhile, foreign capital flows in through net purchases of Government Securities (SBN) amounting to IDR 450 billion and SRBI (Bank Indonesia Securities) amounting to IDR 190 billion.

Based on the information above, the height of capital outflow creates a project IDDB. This was initiated and designed to help the country's development. In the initial stage, we will develop a tokenization project on government bonds with the INDON 34 series using the currency USD (United States dollar). Through IDDB tokens, investors will be able to access bonds more easily because the minimum capital required to buy IDDB tokens will be much smaller than buying INDON 34 series bonds.

To date, the global tokenization market has shown astonishing growth that has had a major impact on the global economy. According to Markets & Markets, the tokenization market is expected to expand from $2.3 billion in 2021 to $5.6 billion in 2025, with an average annual growth rate of 19%. Today, tokenization has enormous potential and continues to develop along with the technology of blockchain.

According to the Coingecko report, RWA (Real World Assets) is the most popular narrative in Q1 & 2 in 2024, capturing 35.7% market share. Meanwhile, RWA itself contributed a total of 11% of the web traffic to the narrative listed on CoinGecko. The RWA token itself is a token that represents real assets such as gold, shares, houses, and other assets, which are created through a tokenization process using smart contracts blockchain.

Currently, the IDDB token is officially in the process of becoming a participant in the OJK Sandbox. Potential investors will certainly get various attractive benefits through this IDDB token. Quoted from Bank Panin, state bond transactions, especially INDON 34, require a transaction value of at least $200,000 or around IDR 3 billion. The existence of the IDDB token can open up opportunities for potential investors to buy INDON 34 series bonds. With a more affordable transaction nominal, starting from $1000. Through the IDDB Token, potential investors will be allowed to engage with low-risk but high-quality financial assets in a way that is easier, safer, with a smaller minimum purchase, and more efficient than before.

Gumarus Dharmawan William, CEO of PT Sejahtera Bersama Nano says, "We are proud to present our latest product innovation by presenting ID Digital Bonds (IDDB) tokens to the Indonesian people. Through this project, we are committed to continuing to meet growing investor demand by providing access to Real World Asset (RWA) tokens with underlying bond financial assets. We are confident that IDDB can provide unprecedented liquidity, transparency, and accessibility in bond financial assets so that it can ultimately contribute to developing the country by increasing positive capital inflow into Indonesia."

Billy Surya Jaya, Main Director of Nanovest, added "Nanovest is a crypto exchange, and, of course, we are very happy to be a facilitator of IDDB token transactions for public consumers. In launching this latest product, potential investors will certainly be spoiled with various profitable portfolio choices. More than that, investors will also have a sense of security because IDDB is the first token with underlying asset bonds, which are officially in the process of becoming sandbox participants at the OJK (Financial Services Authority).

In the future, IDDB tokens will soon be traded via Nanovest, a platform investment that provides a wide selection of digital assets, including United States stocks, crypto assets, and also gold. Nanovest has a mission to always provide convenience, security, and a pleasant experience for customers in Indonesia when investing. Practical and practical application display simply also encourages, especially the millennial generation and Gen Z, to start investing in various available assets.

About NANOVEST

Nanovest (PT Tumbuh Bersama Nano) is a platform-application-based, which makes it easier for customers or users to access digital asset transactions, including United States stocks, crypto assets, and digital gold. We aim to revolutionize the way young people invest to achieve their financial freedom. Nanovest officially registered with the Commodity Futures Trading Supervisory Agency (BAPPEBTI).


Peaky Travel Launches Open Beta: Gamifying Southeast Asia's Journeys for the Next-Gen Explorer

  

Peaky Travel has launched its Open Beta, offering young Southeast Asian travellers a fun, movement-based rewards app. The app makes earning travel rewards easy and accessible by gamifying daily activities.

Peaky Travel is thrilled to announce the launch of its Open Beta for the Peaky Travel Rewards app, a groundbreaking platform designed to transform how young people in Southeast Asia experience travel rewards. With a focus on accessibility and gamification, the app is set to revolutionise the traditional travel rewards landscape by rewarding users based on their daily movements rather than their spending.

Peaky Travel Rewards is the first app of its kind to offer a movement-based rewards system, making it easier for young people, particularly in dynamic cities like Ho Chi Minh City, to earn rewards just by going about their daily lives. Whether commuting to work, exploring new neighbourhoods, or embarking on weekend getaways, users can accumulate points and unlock exclusive deals from a wide range of partner brands.

“Our goal in building the Peaky app is to make travel loyalty truly accessible to everyone,” said Luke Willars, Founder and CEO of Peaky Travel. “Young people across Southeast Asia are incredibly mobile and connected, and our app is designed to reward them for the way they live and move. This Open Beta launch in Ho Chi Minh City is just the beginning of our mission to empower a new generation of travellers.”

The Open Beta launch marks a significant milestone in Peaky Travel’s journey to becoming a leading travel-tech platform in Southeast Asia. The company has spent the last year developing and refining the app, ensuring it meets the needs and expectations of today’s young, tech-savvy travellers.

Key Features of the Peaky Travel Rewards App:

Movement-Based Rewards: Earn points for every kilometre travelled, regardless of the mode of transport.

Exclusive Deals: Unlock special offers from local and regional brands.

Gamified Experience: Enjoy a fun and engaging way to track your travel and earn rewards.

The Open Beta is now available for download on the Apple App Store and Google Play Store. Young travellers in Ho Chi Minh City and across Southeast Asia are invited to join the Peaky community and start earning rewards today!

For more information, please visit linktr.ee/peakytravel or follow us on social media.

About Peaky Travel Pte. Ltd.

Born out of Australia in 2020, Peaky Travel Pte. Ltd. has now established itself in Singapore and plans to utilise the Country's strategic location to launch and expand across the entire SEA region.

This Press Release has also been published on VRITIMES

Embracing Business 4.0: Navigating the Future with MakeSense’s Data and AI Innovations with Janus Aether

 

Introduction to Business 4.0

As we stand on the brink of a technological revolution that will fundamentally alter how we live, work, and relate to one another, the concept of Business 4.0 has emerged as a beacon of transformation. Business 4.0, or Industry 4.0, represents the fourth major era of the Industrial Revolution, characterised by digital transformation and the integrating of cyber-physical systems into the heart of industry.

In collaboration with key partners like Janus Aether, MakeSense is pioneering new ways to leverage data, AI, and advanced automation technologies to help businesses thrive in an increasingly digital world. Together, they are empowering enterprises to navigate this complex landscape and achieve sustainable growth.

This revolution introduces what is termed ‘Smart Manufacturing’—the use of IoT, cloud computing, AI, Machine Learning, and more to increase the efficiency and productivity of manufacturing processes. It is not merely about automation but about creating interconnected systems capable of making real-time decisions.

MakeSense: At the Forefront of Technological Enablement

MakeSense is a boutique organisation pioneering the application of Data and AI services to propel businesses into the era of Business 4.0. Focusing on crafting tailored solutions that enhance data accessibility, security, and reliability, MakeSense is dedicated to helping companies innovate and maintain competitive edges in rapidly evolving markets.

Data and AI: The Engine that is driving Business 4.0

Data is the cornerstone of any modern enterprise, and MakeSense excels in manipulating complex data sets to drive business intelligence and outcomes. Through advanced analytics and machine learning, MakeSense transforms static data into dynamic insights that fuel decision-making and strategic planning.

AI services at MakeSense go beyond conventional automation to include sophisticated AI frameworks like Salesforce’s Einstein and cutting-edge hyper-automation technologies. These tools

automate existing processes, predict future trends, adapt to new data, and continuously learn and improve.

Real-World Applications and Impact

MakeSense’s approach is grounded in real-world applications and measurable results. For instance, through its partnership with Salesforce, MakeSense has implemented solutions that automate and enhance customer relationship management systems using AI. This not only improves efficiency but also enhances the user experience, providing a 360-degree view of customer interactions.

Another significant aspect of MakeSense’s work involves making technology accessible and trustable. In alignment with Salesforce's trust model, MakeSense ensures that its AI solutions prioritise data security, privacy, and responsible usage—key concerns in today’s digital landscape.

MakeSense at Business 4.0 Event

At the upcoming Business 4.0 event, MakeSense will showcase its latest AI and Data services innovations. Attendees will have the opportunity to see firsthand how MakeSense’s solutions are driving the digital transformation of numerous enterprises across various industries. The event will also feature discussions on the future of manufacturing, the role of data in modern business strategies, and the ethical implications of AI.

Conclusion: Your Pathway to Transformation

As businesses navigate the complexities of Industry 4.0, partnering with leaders like MakeSense can illuminate the pathway to transformation. By integrating advanced data analytics and AI-driven insights, companies can unlock new levels of efficiency, agility, and growth.

We invite all attendees to join MakeSense at the Business 4.0 event to explore how your business can not only survive but thrive in the age of digital revolution. MakeSense is more than a service provider; they are your strategic partner in redefining the possibilities of what a business can achieve with the right technological tools.

Learn more at https://makesensesoft.com/ai-data-services/

About Janus Aether Solutions

Introducing our SenseMakers: Your Strategic Partners in Navigating the Complexities of Digital Transformation & Customer 360.

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