Binance and Mastercard launch prepaid card in Argentina to bridge cryptocurrencies and everyday purchases

The country is the first in Latin America to have the product, the card is in beta phase and will be widely available in the coming weeks

BUENOS AIRES, Argentina, Aug. 4, 2022 /PRNewswire/ — Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, and Mastercard announce the launch of Binance Card in Argentina to bridge the gap between cryptocurrencies and everyday purchases. Argentina is the first country in Latin America to have the product. The Binance Card is part of the company’s ongoing efforts towards furthering global cryptocurrency adoption in a tangible manner. The product is in beta phase and will be widely available in the coming weeks.

The Binance Card issued by Credencial Payments will allow all new and existing Binance users in Argentina with a valid national ID to make purchases and pay bills with cryptocurrencies, including Bitcoin and BNB, at over 90 million Mastercard merchants worldwide, both in-store and online. Users can enjoy a seamless transaction in which their cryptocurrencies are converted to fiat currency in real-time at the point of purchase, as well as earn up to 8% in crypto cashback on eligible purchases and enjoy zero fees* on ATM withdrawals.

Binance cardholders will be able to manage their cards through the card dashboard on the Binance App and website. Users will also be able to view their transaction history and access customer support via the card dashboard.

“Our work with digital currencies builds on our strong foundation to enable choice and peace of mind when people shop and pay. Together with our partners, Mastercard has been leading the payments industry in enabling entry to this exciting new world, helping bring millions of additional users into crypto and other digital assets in a safe and trusted manner”, said Walter Pimenta, Executive Vice President, Products and Innovation, Mastercard Latin America and the Caribbean.

“Payments is one of the first and most obvious use cases for crypto, yet adoption has a lot of room to grow. By using the Binance Card, merchants continue to receive fiat and the users pay in cryptocurrency they choose. We believe the Binance Card is a significant step in encouraging wider crypto use and global adoption and now it is available for users from Argentina”, said Maximiliano Hinz, general director of Binance in Latin America.

Binance plans to continue expanding in new markets as well as providing support for additional cryptocurrencies. All interested users can now register for the card via or the Binance App.

*Please note that third-party services and network fees may apply.

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Synchronoss to Power Telkomsigma’s Launch of Two New Premium Personal Cloud Solutions in Indonesia

Incoming University Students Throughout Indonesia Will Receive a Free Floudrive Personal Cloud Account; A Premium Floudrive Account Will Also Be Available to 170 Million Telkomsel Mobile Customers

BRIDGEWATER, N.J., Aug. 03, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the official rollout of two new premium personal cloud solutions offered by Telkomsigma, a subsidiary of Telkom Indonesia, the country’s largest telecom operator. Following the agreement in November, Telkomsigma is now making its Floudrive service, powered by Synchronoss Personal Cloud, available to university students and Telkomsel mobile customers.

As the IT Services and Data Center arm of Telkomsel, Telkomsigma is utilizing the Synchronoss Personal Cloud platform for its Floudrive service, offering a reliable and intuitive cloud storage experience with the ability to backup and restore digital content, including photos, video, texts, and other files. To ensure compliance with Indonesia’s data storage laws, Synchronoss has partnered with Alibaba, leveraging their in-country IT infrastructure.

Beginning in September, Telkomsigma will offer incoming university students a free Floudrive account that includes 50 gigabytes of cloud storage, which can be used to backup all digital content as well as share files and photos. The free bundle is the first of its kind and offered through select universities in Indonesia. Additionally, Telkomsigma will offer a premium version of Floudrive to 170 million Telkomsel mobile customers. The premium service will include 100 gigabytes of storage.

“We are excited to rollout these two new premium personal cloud solutions that leverage the Synchronoss Personal Cloud platform, especially within the universities, which is an industry-first,” said Tanto Suratno, Director of Business and Sales, Telkomsigma. “The combination of Synchronoss and Alibaba will enable us to keep pace with the millions of subscribers that will take advantage of our free and premium Floudrive services.”

“Telkomsigma, Telkomsel, and Telkom Indonesia understand the unique market opportunity to deliver personal cloud solutions that will enable a broad range of digital services to subscribers throughout Indonesia,” said Patrick Doran, Chief Technology Officer at Synchronoss. “Knowing that local data sovereignty is a critical customer requirement, we certified our technology platform on the Alibaba Cloud platform, delivering a white-label personal cloud solution that is secure, reliable, scalable, and in-country.”

Leading Tier One service providers utilize Synchronoss Personal Cloud, Synchronoss Email Suite, or both to manage more than 250 million subscribers worldwide, storing and managing more than 142 petabytes of data.

About Synchronoss
Synchronoss Technologies (Nasdaq: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. Learn more at

Media Relations Contact:
Domenick Cilea

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.

Syinix World First Swallow Maker won the 2022 “Red Dot Award” and 16 technology patents

ACCRA, Ghana, Aug. 4, 2022 /PRNewswire/ — As a highly innovative and fully automatic swallow food (such as Africa staple food: Banku, fufu etc.) cooking machine, Syinix Swallow Maker has won the 2022 German Red Dot Award and a number of design patents with its advanced technology and unique innovative product concepts.

As the world’s first fully automatic, all-purpose swallow food manufacturing machine, Syinix Swallow Maker not only innovates the swallow food production process, but also evolves from the traditional manual continuous beating / stirring  of swallow food to the machine completely replacing the manual machine. The whole food production process is completed by the machine with automatic heating and stirring, helping users save time and energy. Syinix Swallow Maker makes the food production process more hygienic and safe, thanks to its full sealed product structure. What is more, the appearance of Swallow Maker is delicate and full of practicality, as the patterns on both sides that are inspired by traditional African handicrafts, can make the product not easy to fall off from hands.

Syinix Swallow Maker-Reddot Winner 2022

Germany “Red Dot Award” is internationally recognized as the top global design award, and the selection criteria are extremely strict. It is founded in 1955 and is one of the world’s top design awards hosted by the Design Zentrum Nordrhein Westfalen in Westphalia, Germany. The awards are divided into three categories: product design, communication design and concept design. This year, the Red Dot Design Award, a jury of 50 manufacturers and designers from different industrial product fields, selected the final winners from nine aspects: aesthetics, functionality, quality, ergonomic engineering, durability and innovation. In the “Product Design” category, Syinix Swallow Maker stood out from nearly 7,900 works from about 60 countries and regions, and won the German Red Dot Design Award Product Design category.In addition, this machine has also been granted a Chinese design patent and a Chinese utility model patent by the State Intellectual Property Office.

Syinix Swallow Maker marks the arrival of a new era for fully automated cooking for a variety of swallow foods. Its timing technology and a stable automatic operating system bring users a hand-free, fast and simple swallow food production experience. Inspired by Syinix’s brand concept of “quality” and “innovation”, the world’s first fully automatic, all-purpose, serving up to 4-5 people swallow maker, can create a time-saving and energy-saving cooking experience for all users.

About Syinix
Syinix is a mid to high-end home appliance brand under Transsion Holdings, which also holds other well-known African brands including Tecno, Infinix and Itel. Syinix has been deeply engaged in the African market for years, and is committed to creating products that meet the  African local needs and high-quality products to better serve African users. In the future, it will launch more innovative products like Swallow Maker, so stay tuned with them.

More information on Syinix Swallow Maker can be found on:

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Eritrea’s Participation at the High-Level Political Forum on Sustainable Development (Part V)

Note: This is the final article in a multi-part series reviewing Eritrea’s participation at the 2022 High-Level Political Forum and the country’s presentation of its first Voluntary National Review report. The article below provides a brief review of the final section of the report and highlights a few of the various challenges raised.

Eritrea’s inaugural Voluntary National Review (VNR) report finishes with a concluding section. The section summarizes the entire report, discusses several challenges, and points the way forward. (Following the concluding section, there is also a detailed statistical annex with coverage development indicators.)

Overall, Eritrea has achieved significant and notable progress in a number of different areas. Furthermore, taking into account the high-level commitment of the government, strong technical leadership, policy and strategic guidance, robust local governing structure which reaches to the grassroots level, dedicated workforce, improved economic and social infrastructure, and high willingness and active participation of communities in development projects and other activities, there is much room for additional progress and more improvement moving forward.

At the same time, however, the government readily recognizes and acknowledges that considerable challenges remain in many areas. Eritrea must continue to work, expend resources, foster cooperation, and cultivate partnerships to fully realize its developmental aspirations and the implementation of the 2030 Agenda for Sustainable Development.

Although child and maternal mortality have been drastically reduced in Eritrea, with the country encouragingly remaining on track to achieve the associated Sustainable Development Goals (SDGs) targets, overall levels of child and maternal mortality are still unacceptably high. Locally, the death of even one child or mother is regarded as too many and considerable efforts are being made to ensure further reductions in morbidity and mortality. As well, there must be continuous focus on communicable diseases and reproductive, maternal, and child health issues, including nutritional deficiencies, diarrheal diseases, and acute respiratory infections. Additionally, the recent shift in the national disease burden from communicable diseases to non-communicable diseases, which is closely associated with a variety of different factors, such as urbanization and changing diets, lifestyles, and behaviors, calls for renewed efforts and further work to reduce major modifiable risk factors, develop and implement effective legal frameworks, and orient the health system through people-centered health care.

Over the years, external aggression, conflict, and illegal sanctions have posed a considerable obstacle to Eritrea’s general development aspirations and the country’s achievement of the 2030 Agenda. Long running conflict and external aggression have led to severe destruction and a range of profound consequences, required the diversion of critical human and fiscal resources to national defense and security, and greatly delayed peace and the normalization of relationships among countries of the region.

Furthermore, Eritrea has been saddled with illegal, unjust sanctions, as well as a spate of additional hostile restrictions and coercive measures. Around the world, it has increasingly been recognized that unilateral sanctions are illegal, immoral, and counterproductive to their stated aims. Many studies and reports demonstrate that they hurt the general population and are particularly harmful to the human rights of women, children, and other vulnerable groups within the countries targeted by the sanctions. In Eritrea, illegal, unjust sanctions collectively have: severely inhibited trade, credit and loans, and investment; considerably complicated or even prevented attempts to obtain critical materials and much-needed resources, thus hampering reconstruction and efforts to promote sustainable development; caused substantial economic, commercial, and financial damages; and resulted in innumerable lost or forfeited opportunities.

Partnerships and cooperation offer great potential for further development gains. In particular, Eritrea’s achievement of its general development aspirations and the SDGs can be realized through effective local and global partnerships, strong cooperation, and efficient coordination between the government and different stakeholders across a broad range of areas. The country has forged strategic partnerships that create value for all actors and that leverage and reinforce the interconnectedness of all societal actors. In this context, revitalising and further expanding technical, financial, and other cooperation with bilateral and multilateral partners will help to accelerate progress, drive positive momentum, and scale up successful interventions. In addition, it will play a positive pivotal role in supporting a sustainable, resilient, and equitable COVID-19 recovery, as the country seeks to build forward stronger and to secure a better future for its people, as well as advance the full implementation of the 2030 Agenda.

Since the beginning of the SDGs nearly a decade ago, challenges related to data have been a constant, recurring theme within the VNR reports presented by numerous countries (especially those within the developing world). In general, data gaps threaten to hinder the achievement of the SDGs. For many countries, the main challenge in the production of quality, timely data, is a lack of funding and technical capacity.

In Eritrea, too, there is a great need to strengthen the national statistical system and build capacity with regard to domestic data generation, processing and analysis, and dissemination through enhancing collaboration and coordination between data producers in the country. The production of timely, robust, and disaggregated data remains an important national aim. Significantly, it will help to promote transparency and significantly enhance the monitoring infrastructure for tracking progress in various core developmental areas, including but not limited to, education, the economy and employment, housing, health services, energy. Additionally, the establishment of a strong and efficient national statistical system, as well as provision of adequate and high-quality data will play an important role in guiding and supporting evidence-based planning, decision-making, policy formulation, and resource allocation toward achievement of Eritrea’s broad development aspirations and the 2030 Agenda for Sustainable Development.

Another pressing issue raised in the VNR relates to the environment and climate change-induced challenges. Historically, the vast majority of global greenhouse gas emissions (GHG) have come from wealthy, developed countries. Yet, the far-reaching impacts of climate change have been most acutely felt by low-income countries, especially those in Africa. (Although estimates slightly vary, African nations are responsible for around 4 percent of global GHG.) Climate change is increasingly devastating parts of the continent, contributing to food insecurity, land degradation, land or resource conflicts, population displacement and migration, and stress on water resources, among other impacts.

Eritrea is especially vulnerable to the adverse impacts of climate change, despite the fact that the country continues to be responsible for only a negligible amount of total global GHG emissions. Moving forward, significant technical and financial cooperation will be required to strengthen capacity to address climate change, introduce clean technologies, pursue research and innovation, and promote a just energy transition. With Eritrea blessed with an abundance of natural resources, appropriate and sustainable management must also continue to be a guiding principle and priority. Additionally, public awareness and sensitization to mitigate unsustainable exploitation of natural resources must be expanded.

Overall, Eritrea’s participation at the High-Level Political Forum and the general VNR process has been a productive exercise and worthwhile endeavour. Not only has it offered an important, insightful overview of general developmental progress to date, it has also established a strong foundation for further improvement and gains in the years ahead.

Source: Ministry of Information Eritrea

Assessment meeting of Executive Board of NUEW

The Executive Board of the National Union of Eritrean Women held six months activity assessment meeting on 1 and 2 August in Keren.

According to report presented at the meeting, the union has conducted praiseworthy activities in raising the awareness of members, supporting families of martyrs, developing participation of women in the national affairs as well as strengthening organizational capacity of women organizations in Government institutions among others.

The meeting also discussed on the importance of integrated effort for strengthening political awareness of women, reinforcing participation in development programs as well as in developing overall capacity of women and preserving the noble societal values.

The participants on their part conducted extensive discussion on the report presented and adopted various recommendations.

Speaking at the event, Ms. Tekea Tesfamicael, President of the National Union of Eritrean Women, commending for the effective implementation of the programs of the union inside the country and abroad said that effort will be conducted to develop socio-economic capacity as well as capacity building training programs for women.

Source: Ministry of Information Eritrea