Unique Network Raises $11.3 Million For Next-Generation NFT Infrastructure

The first NFT chain for Polkadot and Kusama offers greater flexibility for anyone who wants to build their own gallery or video game

LONDON, Oct. 25, 2021 (GLOBE NEWSWIRE) — Unique Network, a next generation NFT chain for Polkadot and Kusama, announced today that it has raised $11.3 million in the second round of its pre-sale, bringing its total raised to $16M. The investment round was led by Web3 investment pioneers Outlier Ventures, who were joined by some of the most well-known NFT investors, including The LAO, Flamingo, Nalu Capital and over 200 other investors, including a number of follow-on investments from the previous round his funding round, especially with the quality and quantity of investors involved, has positioned Unique Network well for the upcoming launch of Quartz, its NFT chain for Kusama.

“Unique Network are trailblazing a new path for NFTs within Polkadot and Kusama’s ecosystem and we are incredibly excited to back them in their pursuit to increase the design space of NFTs.” – Chris Cable, FlamingoDAO

“Despite all the current buzz around NFTs, there is still a massive barrier to entry,” said Unique Network co-founder and CEO Alexander Mitrovich. “Gas fees, the need to purchase cryptocurrencies, storage, and even the fact that NFTs have limited features for artists to express their vision, all hold the industry back. Unique Network and our Kusama chain, Quartz, are built to solve the economic and storage problems with Ethereum-based NFTs and create new levels of interaction and malleability that will take NFTs to the next level.”

Unique Network will participate in the upcoming parachain auctions for Kusama, during which they aim to secure a parachain slot for Quartz, their new canary network for Kusama. Beginning on Wednesday October 27th, interested parties can participate in the crowdloan to help Quartz win the auction.

Quartz will be the first NFT infrastructure on Kusama, and is designed to enable the most powerful and advanced NFT functionality on the Kusama network. Quartz parachain on Kusama will allow anyone to build NFT marketplaces and experiences with interoperability between different blockchains, like Ethereum and EVM Based Chains and other notable NFT blockchains.

In the five months since its first investment round, Unique Network has announced various partnerships including with the UN-led DigitalArt4Climate Campaign with GloCha, RMRK, Art Curators Grid, Forever Has Fallen, and more. With the impending launch of Quartz, Unique Network will be able to help even more projects and artists develop their NFT marketplaces and experiences.

For more information, please visit Unique Network, and join us on Twitter and Telegram.

About Unique Network

Unique Network is a framework for the next generation of NFTs. The first NFT chain for Kusama and Polkadot, it offers developers independence from network-wide transaction fees and upgrades. The Unique Network team built Substrapunks, the first NFTs on Polkadot, won Hackusama in 2020, and created Substrate’s pallet for NFTs. Unique Network launched in July 2021.

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ICRAELLL Proceedings Closing Ceremony

Wah Cantt, October 25, 2021 (PPI-OT):Sessions 2-4 of ICRAELLL included a number of researchers from both inside and outside Pakistan who shared their valuable research-oriented findings with audience. International speakers included Dr. Anana Marium from Nigeria; Dr. Eunejeong Park from Korea and Ms. Hira Shahzad from UK. Apart from this, a number of students (both graduate and undergraduate) also presented their studies and gathered appreciation from audience.

The enlightening sessions ended with QA session. Dr. Rasib Mehmood appreciated distinguished guest speakers for their participation and insightful comments. Prof. Dr. Jameel-Un Nabi, Vice Chancellor, UW graced the closing ceremony as Chief Guest and reiterated the claim that UW will make concerted efforts to continue this research culture in UW. The Conference ended with a note of dedication and accomplishment and left promising memories to cherish.

For more information, contact:
University of Wah
Quaid Avenue, Wah Cantt, Pakistan
Tel: +92-51-9157000, 905525256-7
Email: info@uow.edu.pk
Website: http://www.uow.edu.pk/Default.aspx

IBA China Study Centre hosts G3 CPEC Summit 

Karachi, October 25, 2021 (PPI-OT):The China Study Centre (CSC) at the Institute of Business Administration (IBA) Karachi hosted a day-long summit titled, ‘CPEC: Emerging Geopolitical and Geo-Economic Landscape Opportunities and Challenges’ at the IBA City Campus. Attendees included policymakers, opinion builders, academia, media, members of the IBA faculty, staff and students.

The aim of the hybrid Summit was to explore and identify the future opportunities and challenges for China, Pakistan and Afghanistan economic, information and trade corridor in the wake of recent developments in the region, specifically the U.S. withdrawal from Afghanistan and the role of the new Afghan government in regional connectivity. Dr. Wajid Hussain Rizvi, Dean, School of Business Studies at the IBA Karachi delivered the welcome address virtually.

Dr. Nasir A. Afghan, Director, China Study Centre shed light on the importance of the China Pakistan Economic Corridor (CPEC) which is the economic lifeline for Pakistan. “We want to demystify CPEC and the evolving challenges and opportunities it brings. Taliban is the new reality in Afghanistan and we need to learn to live with the new reality.” He further talked about creating a bridge between all parties and emphasized that a future that brings peace, respect and dignity for all is the need of the hour for the region and beyond. “Pakistan has historically been part of the Silk Road and has always been connected with the Central Asian civilizations. It is time we reconnect with the roots economically and socially”.

The first keynote speaker of the event, Mr. Khalid Mansoor, Special Assistant to the Prime Minister on CPEC Affairs joined the session virtually from Lahore. “It is about time people know the reality of CPEC as there is so much negativity around it and it is now time to share its progress.” He highlighted the three phases of the CPEC roadmap which initiated in 2015 and will go up to 2030. “The first phase focuses on alleviating the power crisis and infrastructure development. The second phase focuses on the mid-term projects which will be completed till 2025.”

He shared details about the progress made in the different phases of CPEC. As for the West, and how it views CPEC, Mr. Mansoor mentioned, “The U.S. and Europe views it as China’s political ambition, rather than focusing on the regional connectivity it is bringing.” He further highlighted that CPEC is progressing in the right direction, it is the era of industrialization in Pakistan that is moving Pakistan towards a modern economic journey.

Professor Dr. Qian Feng, Director of Research Department and Senior Research Fellow, National Strategy Institute, Tsinghua University, China, the second keynote speaker stated, “Through the Summit we are making developments to further enhance CPEC which is in the common interest of Pakistan, China and Afghanistan.” He shared his thoughts about the Pakistan-India relationship which is key. “India-Pakistan relationship has always been the parameter of regional situation. Among them Kashmir issue is the key point. We can see as in 2019 when the nationalist Modi government outrageously abolished Article 370 of its constitution that really has broken the balance of Kashmir (and) China always stands on the side of justice,” he remarked.

The third keynote speaker, Mr. Guo Chunshui, Commercial Counsellor, Chinese Consulate, Karachi stated, “China and Pakistan have a unique iron-clad friendship, and established an all-weather strategic cooperative partnership. CPEC is a landmark and pilot project of the “the Belt and Road Initiative”. Over the past eight years, CPEC has achieved fruitful and remarkable results. With the implementation of CPEC, China has been Pakistan’s largest trading partner for six consecutive years and largest source of investment for seven consecutive years.”

On China-Pakistan-Afghan trilateral relations he mentioned, “We should focus firstly on enhancing unity and cooperation. Our developments are closely linked with each other’s. It is essential for us to strengthen policy dialogue and communication from the perspective of regional development under the premise of fully respecting legitimate security concerns of each other. Secondly (we should focus on) strengthening safety and security. It is necessary to uphold the philosophy of people-centered, comprehensive, cooperative, shared and sustainable security concept, which could help three countries to strengthen capacity for maintaining stability and promote a smooth transition toward true peace, stability, and development in Afghanistan. Thirdly, promoting openness and integration (should be key). China remains committed to pursuing common development, sharing market opportunities and building the “Belt and Road” with Pakistan, Afghan and related countries.”

The first panel discussion of the Summit was titled, ‘CPEC: The Emerging Geopolitical and Economic Landscape’. The panellists included Mr. Masood Khalid, Former Ambassador of Pakistan to People’s Republic of China; Group Captain (R) Sultan M. Hali, Writer and Security Analyst; Dr. Shabana Fayyaz, Head, Defense and Strategic Studies, Quaid-e-Azam University; and Dr. Fazal ul Hadi, Professor, Salam University, Kabul. Moderators of the panel discussion included Dr. Afghan and Dr. Huma Baqai, Associate Professor, IBA Karachi. Dr. Baqai stated that “questions are being raised that is Pakistan being colonized? CPEC was launched when Pakistan was economically and diplomatically isolated, and it was CPEC that bailed Pakistan out of the isolation.” She further elaborated that with the U.S. exit from Afghanistan, CPEC is at a crossroads.

The first panellist, Mr. Khalid, discussed the new polarized global order and how Pakistan does not wish to be caught in the crossfire between the U.S. and China. “CPEC has delivered tangible benefits to Pakistan and is the first major investment by a country in Pakistan which affirms China’s confidence in Pakistan. Why out of the six corridors is CPEC being targeted? It is so to weaken Pak-China bilateral cooperation.”

Mr. Hali mentioned that “Our strengths are also our weaknesses like our strategic location, strategic assets, contacts with the Taliban and our deep-rooted relationship with China.” Talking about the opportunities, he stated that our diplomacy needs to be transparent. “Our economy is unfortunately a threat.”

Sharing her thoughts, Dr. Fayyaz spoke about the strategic economic and geographical challenges faced by China and Pakistan. “CPEC is the most debated subject within Pakistan, and we need to challenge the notions associated with CPEC internally as we are in a position to reap benefits from it. Unfortunately, we only see the failures and not the progress associated with it.” She discussed the perception of the West regarding CPEC as a form of Sino imperialism in Asia.

Joining the summit from Kabul, Dr. Hadi, commented on the recent changes that have taken place in Afghanistan and how that has raised hope and opportunities for the region. “Peace and stability in Afghanistan will prove beneficial for other countries in the region.” Talking about CPEC, he said “It is a great economic, social and political opportunity which should not be lost as if the region loses it, the region will be faced with an unknown future.” He further stated, “China, Pakistan, Iran and other neighbouring countries should help and support Afghanistan to move towards achieving durable peace and stability. Afghanistan is a sovereign country and nobody should think it can be colonized, and its sovereignty must and should be respected and honoured. Afghanistan is the heart of Asia, if it is peaceful, whole of Asia is peaceful.”

The second panel discussion was titled ‘CPEC: The Challenges and Opportunities for Information and Media Collaboration between Pakistan, China and Afghanistan. Do we need Information Corridor?’. The panellists included, Dr. Ghairat Baheer, Former Ambassador and Senator, Afghanistan; Ms. Naghmana Hashmi, Former Ambassador of Pakistan to People’s Republic of China; and Lt. Gen (R) Asif Yasin Malik, Former Secretary of Defense, Pakistan. Moderators included Dr. Afghan and Dr. Aneel Salman, Director, Faculty Development Academy COMSATS University, Islamabad.

Dr. Baheer, present physically at the IBA, said the summit is being held at an important time, a time when the traditional Silk Route should be revived with changing dynamics in his home country. Talking about instability, he mentioned “An unstable Afghanistan will spillover instability across the region, whereas a stable Afghanistan will lead to progress for the region.”

Ms. Hashmi shed light on the current world of information. “We are living in an age of information explosion which is both good and bad. CPEC has suffered due to negative propaganda by the West as they don’t want the region to be developed particularly due to the Corridor’s links with China. Confrontation between China and America is also affecting politics in the field of information. We need to be cognizant of actions taken to contain, malign and create doubts about China particularly in south west Asia (Afghanistan, Pakistan and China). Therefore, it is important for us to demystify CPEC. Even more important is the need to demystify our own thinking and our strategic orientation.”

Mr. Malik deconstructed the four words of CPEC for the audience. “CPEC is four words, the pain is caused by the first 2 and these two, China and Pakistan have no place in the new world order. Pakistan is an irritant in the new world order. Even the Pakistan-China friendship is a major handicap for Pakistan. The global media has negativity regarding CPEC and the western media is involved in a hybrid war against the ‘C’ and ‘P’ in CPEC. So, the objective is to sort out the ‘C’ and ‘P’. Therefore, we have to walk an extra mile to overcome the negativity around CPEC.” He highlighted that the concept of CPEC information corridor is very important and is doable and it is equally important for the media potential of Afghanistan to be mobilized.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk

UNODC’s Global Integrity Education

Lahore, October 25, 2021 (PPI-OT):UNODC’s Global Integrity Education (GIE) Project stands out at the cutting-edge of innovation in Pakistan. A unique and meaningful programme, it brings together the creative spirit of a large fraternity of academics and university teachers to lead change through building a cadre of integrity ambassadors in private companies by teaching customized learning modules on ethical leadership, challenges to righteous living, behavioural ethics and detecting and investigating corruption to last-year graduate students. This is the first-ever programme of UNODC, funded by the Siemens Integrity Initiative, that has set a benchmark of ethical learning in Pakistan.

UNODC initiated a Virtual Training of Trainers (ToT) Programme hosted by UNODC, Pakistan, in Lahore from 5-8 October 2020 in collaboration with the University of Central Punjab (UCP). The objective was to enhance the capacity of local lecturers to use the contextualized modules in their courses. The event brought together a cohort of 48 eminent academic experts and professors of UCP to go through an interactive, exhilarating and enriching hybrid learning curve. Participants engaged in a series of interactive activities in the programme course, including pre-workshop assignments, a self-paced online course, four webinars, and teaching demonstrations on the modules. Webinars were specifically attended and cherished by academicians from Kenya and Mexico- participants of the GIE Project.

UNODC GIEP organized a Reunion and Revitalization Meeting of Trainers from Four Universities, including UCP, LUMS, PU and UOL, on 12th and 13th October 2021 in Nishat Hotel Lahore. UCP took the lead as most UCP faculty members were allowed to share their views and experiences applying UNODC GIEP Modules as Role Models. The ceremony was graced with the eloquent opening speech of Dr Faisal Mustafa, Provost UCP and Dean BS. He cherished the outstanding efforts of the Faculty and applauded the worthy modules and dedicated efforts of UNODC. He further assured to imbed the gist of these training modules in the curriculum to sensitize youth against the menace of corruption, Drugs and crimes. The ceremony was culminated by presenting UCP Souvenirs to UNODC Representatives.

For more information, contact:
University of Central Punjab (UCP)
Khayaban-e-Jinnah Road, Johar Town, Lahore, Pakistan
Phone: +92-42-35880007
Fax: +92-42-35954892
Email: info@ucp.edu.pk
Website: https://www.ucp.edu.pk/

Session on “Soft Skills in the 21st Century” 

Karachi, October 25, 2021 (PPI-OT):On Wednesday 20th October, 2021 the Professional Development Center, DHA Suffa University organized a one-day training program on “Soft Skills in the 21st Century” for the benefit of the faculty and non-teaching staff of Mechanical Engineering, Electrical Engineering and the Computer Engineering Departments.

The session was led by Mr. Noor Ali who has an experience of 25 years in the Silicon Valley, working with an organization like CISCO he gained experience in New Product Launch, Supply Chain Management, Product Life cycle Management and Cost Reduction Strategies. Mr. Ali is an educationist and a Career Counsellor with a passion to mentor and coach people to achieve their career objectives.

He eloquently briefed the audience about the strategies to overcome the gap between the industry and academia. He shared his thoughts and designs on effective teaching and how an instructor can engage and motivate his/her students. He also shared his views on how the 3-Ds of teaching styles i.e. Directing, Discussing and Delegating can promote learning and how this can mutually benefit the teacher and the learners.

Acquisition of time-management skills was stressed by the speaker. Prioritizing and multitasking were regarded as need of the day. Lastly, he spoke to the audience about the seven C’s of communication. He very eloquently explained the use and effectiveness of the principles of communication. The session was concluded with a Q and A session followed by a vote of thanks and presentation of a plaque of appreciation to Mr. Noor Ali by Engr. Prof. Dr. Muhammad Afzal Haque, Vice Chancellor, DHA Suffa University.

For more information, contact:
Manager Marketing,
DHA Suffa University (DSU)
DG-78, Off Khayaban-e-Tufail, Ph-VII (Ext.),
DHA, Karachi-75500, Pakistan
Tel: +92-21-35244871
Email: sabah.baloch@dsu.edu.pk
Website: www.dsu.edu.pk

University of Management and Technology held its 20th Annual Convocation Ceremony 2021

Lahore, October 25, 2021 (PPI-OT):University of Management and Technology (UMT) held its 20th Annual Convocation 2021 at UMT Greens. Total 1658 graduates were given degrees in various disciplines on this occasion. According to the details 822 Bachelors, 191 Masters, 608 MS/MPhil and 37 PhD degrees were conferred.

Furthermore 10 Patron’s Gold Medals, 12 Rector’s Silver Medals, 07 Rector’s Academic Excellence Awards Gold Medal, 06 Certificates of Excellence, 06 Research Publication award for MS/MPhil students, 05 Highest Number of Publications (Faculty), 05 Highest Impact Factor Publication (Faculty) were also given away on the occasion of the annual convocation.

Rector UMT Dr. Asif Raza gave a welcome note where he expressed his heartfelt gratitude to the students, faculty, parents and the guests of honour for gracing the event. He appreciated the dignified participation and presence of students and their parents at the UMT Convocation and congratulated them on successfully completing their degrees. Addressing the participants of the UMT Convocation, he said that today marks another pinnacle in your life’s journey and is the culmination of a long and tough academic journey. Furthermore, he added that life has provided you with new options, possibilities and opportunities and would lead to great success to serve as the next stepping stone.

He spoke about the various milestones that UMT has achieved over a certain period of time. He also held management and faculty in high esteem for their inclusive leadership traits. He further stated that because of their devotion, determination and dedication UMT has become the nation’s premier institute of higher education. In the last, he advised that graduates must strive to become model professionals and exemplary human beings and must display tolerance in their professional as well as personal interactions.

President UMT/ILM Trust Ibrahim Hasan Murad, congratulated the graduates for achieving a milestone and making their parents and teachers proud. He further expressed that youth are the architects of the future and can lead to a developed and prosperous country. They have the power to change their lives and we at UMT help them fulfill their dreams. We want our graduates to bring the essence of moral and ethical behaviour that embodies Islamic values and leaves a mark on human history.

“Graduates have the power to change their lives and we at UMT help them fulfill their dreams” said President UMT Ibrahim Hasan Murad. Mr. Murad advised the students to live for others and not for themselves. This digital and complex era is filled with possibilities of change and improvement which welcomes everyone who can cultivate humanity with all its manifestation.

The honourable guest Dr. Samar Mubarakmand (N.I, H.I, S.I, FPAS), Pride of Pakistan, Pakistani Nuclear Physicist Chairman, Punjab Mineral Company addressed young graduates and congratulated them on their success and beginning the new chapter in their journey. He appreciated the efforts of UMT towards quality education. Sharing the glimpses from the past, he said that there was a time when the country was dependent and did not have enough resources for its defense. But later on by the grace of Allah Almighty, today Pakistan is a first nuclear state in the Islamic states and seventh in the world.

He commended Ibrahim Hassan Murad for his tremendous contribution, hard work and dedication in taking UMT to the new horizon of success. He also said that Pakistan has been endowed with the best human resource capital and education is the only way to polish it. Chairman ILM Trust/UMT Dr. Ahmed Omar Murad, gave an insight for the young graduates, congratulated them and encouraged them to become responsible citizens of the society.

In his address, he thanked the exceptional faculty and staff who gave the university their best which created a real essence in the next generation of Pakistan. While advising the students that being a citizen of Islamic republic of Pakistan, we must know the consequences of our choices. There is always a right way and wrong way of doing things therefore we must have a sense of accountability before the creator of this universe.

Dr Abdul Qadeer Khan laid the foundation stone of UMT hence rich tribute was also paid to him for his invaluable services in the field of Science and technology and making Pakistan an invincible state on the face of the world, as he has made history by equipping Pakistan with an impregnable security umbrella. 30 seconds of silence was observed in the loving memory and honour of Dr. AQ Khan, and prayers were made to the Almighty for peace for the departed soul. President UMT Ibrahim Hasan Murad also presented a souvenir to Samar Mubarakmand at the end of the ceremony.

For more information, contact:
Media Coordinator,
University of Management and Technology (UMT)
C-II, Johar Town, Lahore, Pakistan
UAN: +92-42-111-300-200
Tel: +92-42-35212801-10
Fax: +92-42-35184789
Email: yaqoob@umt.edu.pk
Website: https://www.umt.edu.pk