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KHS helps Argentinian brewery replace glass line with can filling equipment

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James Cropper partners with Bruichladdich on pioneering whisky packaging

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James Cropper and Bruichladdich Continue Partnership with New Paper Wrap

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Archer Roose, Cornell Revolutionize Canned Wine with Award-Winning Research

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HERMA Continues Innovation with Array of Self-Adhesive Labels

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Colbert Packaging Expands Capacity with New Eterna Equipment Additions

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Universal Investment & Industries Finds Success with Theegarten-Pactec Cartoner

Universal Investment & Industries has been extremely successful in the service and packaging industry for years.




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Aptar Partners with Halopack to Launch Fiber-based Tray System in North America

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Eco-Products Offers Compostable Products to Help Food Biz Comply with Colorado Law

Veridian™ products are easily identifiable as compostable and are compliant with the state’s upcoming labeling law.




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Bitchin' Sauce Partners with Dot Foods to Enter Foodservice Sector

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Touchstone Pistachio Company Upgrades Packaging with Little Big Brands




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SkinnyDipped Unveils Brand Redesign with New Packaging

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Pringles Pops Out of the Can and Into the Bag with its First-Ever Puffed Snack

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Brownie Brittle shakes up its packaging with vibrant new look

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Proco Machinery Launches a Next-Generation Case Packer with a Collaborative Robot Automation System

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Atlantic Packaging Expands National Footprint with Opening of Henderson, Nevada Facility

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Companies Make Headlines with Small Footprints, High Speeds

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Miswa Chemicals UK Automates Trio of End-of-Lines with Help from Sidel

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Once Upon a Farm Sees Growth with SOMIC's 424 W3 Wraparound Case Packing System

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Coca-Cola Partners with U.S. Pizzerias to Offer Slices in Exchange for Recycling Bottles

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Estathé® Partners with Crown to Launch Engaging Summer Promotion in Cans

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7UP® Refreshes Branding, Debuts 'Level Up With 7UP' Campaign

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GPI: Bringing Fresh Produce Back to the Future with Fiber-based Packaging

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Meijer Reduces Plastic Packaging in New Partnership with Bolthouse Farms

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Kroger Expands Our Brands Portfolio with Field & Vine™ Fresh Produce Line

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Fresh Inset Improves Produce Packaging with Vidre+ Technology

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MG Tech Unveils New Palletizer with Yaskawa Cobot and Rockwell Automation

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Automated Equipment Holding expands portfolio with acquisition of Rethceif Packaging

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Piab Strengthens its Grip on Palletizing with the LBG-50

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Signode Adapts to Dairy Industry Needs with Endra Horizontal Strapping System

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Premier Tech’s New TOMA Product Line Marries Palletizing with Automation

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Boost Profit by Gentle Conveying Without Air

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Hygienic Improvements with Conveyors Allow Streamlined Packaging Process

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NestFresh Seeks to Become a Bright Spot this Spring with Seasonal Packaging

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Meat, Poultry, Seafood Packaging: Doing More with Less

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Reshaping Meat and Seafood Packaging with Versatility and Sustainability

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5 Topics to Discuss with Your Packaging Line Integrator

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Digitec Galaxus AG Orders 40 Workstations with Logivations Artificial Intelligence Software

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Case Study: Läser AG enhances quality control with BOBST Digital Inspection Table

Swiss packaging firm explains how the BOBST DIT 106 for folding carton integrated effortlessly into the company’s existing quality assurance system.




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Heidelberg supplies WestRock with two longest sheetfed offset presses ever produced

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Label King Improves Business with Domino Digital Press

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PODCAST | Meeting Coding Demands with Soft-Pigmented CIJ Inks

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Inovar Packaging Broadens Market Presence with Acquisition of The Kennedy Group

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Four Peaks Brewing Company sees enhanced coding efficiency with LEIBINGER

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Vanguard Announces Partnership with American Print Consultants

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Videojet Expands Case and Carton Coding with New Printer Capabilities

Videojet 2380 large character marking system now employs up to four printheads to print on multiple sides of cases and cartons.




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5 Tips for DMO Managers with More Questions Than Answers

5 Tips for DMO Managers with More Questions Than Answers jhammond@desti… Tue, 05/07/2024 - 18:30

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5 min read

New DMO Managers Agree on 5 Pain Points

Your supervisor picked you for your position because you’re adaptable, committed, and creative. Still, you might wonder whether this job is for you. Managers I talked to at the PACE forum want help with five issues:

  1. The new DMO managers feel overwhelmed because they have too much to do.
  2. They need more guidance on how to keep members engaged and retain them.
  3. They worry about providing value to the community.
  4. New DMO managers are stressed about navigating their new roles.
  5. They want help with training and coaching teams.

Treat ‘em Right helps managers solve these problems and more with coaching, group training, and online courses customized for individual DMOs. Your first call with us is free, so contact us if you are interested.

Tip One: Prioritize and Delegate

You thought you joined an industry that values rest, relaxation, and recreation, but you are working long hours! We get it. You feel overwhelmed by what seems like three jobs in one. It’s time to prioritize:

  • Put your tasks in order based on 1) your deadlines and 2) which will have the most impact. Note: something due today is not necessarily more important than something due next week. Keep your goals in mind and prioritize what matters most.
  • Delegate non-essential tasks to team members, empowering them to take ownership. Effective delegation will reduce your stress and foster collaboration on your team.

If you’re not using project management software find one that works for you. Putting tasks in your computer will cut your stress because don’t have to try to remember 10 deadlines in your head. You might think you don’t have the money. One of the top project management software systems, Monday.com, has free subscriptions for one or two users. Other plans start at $20 a month.

Tip Two: Make a Membership Plan

You believe in your organization’s mission and want to help keep it strong. Retaining members is one of your top goals (and stressors). Yes, building and maintaining relationships with members is time-consuming. Realizing you cannot do everything at the same time, plan to meet who you can, and find other ways to connect with all your members regularly. That means planning.

Check out The Center for Association Leadership’s Guide to Membership Strategy to see what is working for others. The guide includes questions to ask yourself:

  • How are you engaging members and prospects who are in their 20s and 30s?
  • Is your online membership platform easy to use? Does it solve members’
    problems?
  • Are you fostering collaboration that benefits members? For example,
    DMOs offer visitor experience education to members’ employees and many
    others who interact with guests.

Tip Three: Focus on the Visitor Experience

The constant pressure to provide value can keep you up at night. Ease your pain by focusing on what matters most – the visitor experience. DMOs have become experts in visitor experience education (VXE) with help from Treat ‘em Right. We customize VXE based on the needs of your members. Examples of successful VXE programs include:

  • Visit Manhattan, Kansas offers VXE to retailers, hotels, restaurants, attractions, and business community employers.
  • Destination Niagara Falls USA engaged taxi and ride-share drivers, travel
    agencies, tour operators, and short-term rental owners in VXE. 
  • The Pennsylvania Convention Center trained its union labor contractors.

We have received dozens of positive reviews on our VXE video series. We believe in video because people retain 95% of what they learn while watching a training video, compared to 10% of what they read. However, for some learners, our hybrid live sessions are best. It’s all about the learner.

Tip Four: Connect with Others in the Industry

In a 2023 survey, 40% of recent graduates said they had no training, onboarding, or support from their managers. If you are unsure of something, ask. Your manager should be clear about expectations on things like your work hours, deadlines, and what it will take to advance in your position. Other solutions for navigating new roles include:

  • Connect with experienced managers in the industry.
  • Attend workshops, conferences, and webinars to learn from others’ successes and failures.
  • Look into Destinations International’s Young Professional Development Program and its 30 Under 30 program – a year-long networking and learning experience for emerging leaders. In an article on the DI website, a past 30 Under 30 participant says the program gave her purpose and a sense of belonging.

“Having peers who share similar struggles and passions has been transformative,” Juliet Velasquez, manager of client relationships and insights, Tourism Economics. “Through them, I've gleaned insights into leadership, skill development, and discovering my true calling. 

Sign up to get notified when DI opens the next round of applications for 30 Under 30.

Tip Five: Find a Coach

Many DMOs do not have structured management training programs. That makes it more difficult for a new manager to learn their job. So, smart DMO executives invest in expert training, coaching, and consulting. Treat ‘em Right supports success with:

  • Skill Enhancement: Training programs improve managers’ skills, from leadership to communication. Our offerings include custom workshops and online courses tailored to the needs of each DMO needs. We start with helping teams get to know each other by taking an Insight Inventory.
  • Team Performance: Coaching helps managers motivate and guide their teams. Treat ‘em Right uses tools like the 5 Dysfunctions of a Team training to help new DMO managers become more productive and aligned with organizational goals.
  • Strategic Planning: We work with DMO managers who want a Visitor Experience Strategy that supports the goals of their organization. With the right training, coaching, and consulting you will have the confidence to lead
    with passion. Contact Phil at Treat ‘em Right or call 314-221-6037 to talk about getting the support you want.

About The Author

Phil Bruno

Founder and President, Treat ‘em Right

As the founder and President of Treat ‘em Right, Phil Bruno has served 43 years in the Tourism and Hospitality industry. Bruno works with DMOs to connect them with their Visitor Economy workers and communities through custom education programs both live and on-line. Treat ‘em Right programs have exceeded expectations in over 80 cities with 100,000 Certified Hospitality Professionals.  Since 2005 Phil has been a member of Destinations International and DMAI speaking at events and serving on the Advocacy Committee, Community Relations Task Force and Visitor Services planning committee.

Read More from Phil

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Gold futures is playing with fire with this key support ????

Gold futures warning: bull flag breakdown points to further downside risk for GC traders ????

Gold futures (GC) have recently broken out of a significant bull flag formation, and after a strong rally, prices have now pulled back, raising concerns among traders and investors. Let’s dive into the details and what it means for those holding or trading gold.

Understanding the measured move: a key level for professional traders ????

After breaking out of the yellow bull flag on the 4-hour chart, gold prices made a “measured move” from the low point A to the top of the bull flag pole at B, reaching as high as C. In trading, a measured move is a projection based on the initial rally (or decline) within a pattern, allowing traders to estimate where the price might head next. This level often aligns with Fibonacci retracements, with the 50% level in this case acting as a key decision-making point for professional traders and algorithms, who tend to sell at the completion of a measured move.

In this case, the measured move fulfilled its target, and prices began to pull back, signaling that some traders are locking in gains and potentially positioning for a reversal. This is often seen as an exhaustion point, where buyers lose steam, and sellers start stepping in.

Retesting the broken bull flag: signs of weakness? ????

Now, gold is retesting the previously broken bull flag, a critical area that could either act as support or become a point of resistance. As of the latest data, GC futures are trading below the Value Area Low (VAL) of approximately 2635-2636, adding further bearish pressure to the outlook. If prices close below this level today, it may signal that support is not holding—a significant concern for gold bulls.

What traders should watch ????

  • Closing price relative to VAL (2635-2636): A close below this level today would be a bearish signal, indicating that the support zone is failing to hold.
  • Consecutive closes below VAL: If today and tomorrow both close below 2635-2636, it could reinforce a bearish trend, making it even harder for gold to recover in the short term.
  • Bull flag as potential resistance: Now that the bull flag is broken, it may act as a new resistance point, which could further press down on prices.

Bottom line: is gold at risk of further downside? ⚠️

The recent breakdown from the bull flag, the completion of the measured move, and the failure to hold above the Value Area Low are all red flags for gold bulls. Should prices continue to close below 2635-2636, it could signal a stronger bearish trend for GC futures. As always, traders should approach with caution and assess their risk, as the market could face additional selling pressure if these support levels fail to hold. Trade at your own risk and visit ForexLive.com for additional views.

This article was written by Itai Levitan at www.forexlive.com.




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Trading 2024 US Elections Market Volatility with Plus500

All eyes will be on the United States on Tuesday, 5 November 2024, as the world awaits the outcome of the contest between Kamala Harris and Donald Trump. With the countdown clock to the 2024 US elections beginning to tick down towards polling day, markets are starting to brace themselves for what is yet to come.

Key Volatility Factors

The sharp differences between Harris' and Trump's policy platforms are creating an atmosphere of market volatility, as investors may be unsure which sectors stand to be affected by the outcome of this neck-and-neck race.

Beyond the presidency, control of Congress—both the House and Senate—plays a crucial role in determining policy outcomes and potential market reactions. Historically, markets have trended upward across presidential terms, yet analysts suggest that a divided government, where different parties control the presidency and Congress, may be optimal for market stability.

Understanding underlying market dynamics is crucial for those entering the online trading arena, and as the U.S. election on 5 November approaches, market volatility is reaching new heights, creating both risks and opportunities for traders. To help navigate this turbulent landscape, Plus500 offers a wealth of resources through its Trading Academy, including US election webinars, tutorials, eBooks, analysis, and up-to-date news articles.

These tools equip traders with the knowledge to better understand market dynamics and the potential impact of political developments on their trading strategies. In this uncertain environment, well-informed traders who grasp key concepts and trends might be better-placed to adapt to sudden price movements that could arise from unexpected election outcomes, although results are never guaranteed with trading.

The Economic Issues Driving the 2024 Election

The 2024 U.S. elections bring critical economic issues to the fore, with tax, trade, and energy policies as central themes. Donald Trump has proposed further corporate tax cuts to stimulate growth, particularly in manufacturing, energy, and technology, which may boost equity markets in the short term, but could increase federal deficits. Kamala Harris, on the other hand, supports targeted tax incentives for green sectors while proposing higher corporate taxes for social initiatives, potentially boosting clean energy stocks but affecting traditional sectors.

On trade, Trump has revived his stance on tariffs, particularly towards China, aiming to promote domestic industries. This could benefit U.S. manufacturing but may disrupt tech and consumer goods reliant on international supply chains. Harris's approach, while less aggressive, would aim for targeted tariffs, supporting U.S. interests without risking extensive trade conflicts, which could stabilise sectors sensitive to global markets.

Energy policy reflects another stark partisan contrast. Trump advocates for expanding fossil fuel production to reduce energy costs and inflation, which would likely favour traditional energy stocks. Harris's clean energy approach seeks to boost renewables like solar and wind, supporting sustainability-focused sectors, although it may come with initial cost implications for energy markets.

Potential Market Risks: Volatility, Fed Policy, and Foreign Relations

Market volatility could increase with trade and energy policy shifts, especially if Trump’s proposed tariffs amplify tensions with China. Retaliatory tariffs could hurt agriculture and technology exports, heightening risks in indices tied to these sectors. In contrast, Harris’s more moderate approach might result in steadier markets, benefiting industries with international exposure.

Monetary policy remains critical, with Trump favouring lower rates to spur growth, risking inflation if the Federal Reserve complies. Harris supports the Fed’s independence, suggesting more stable monetary policy with potential benefits for long-term economic stability.

Foreign relations also play a role, particularly concerning China and other trade partners. Trump’s tariff plans could heighten international tensions, whereas Harris’s approach is seen as less confrontational, benefiting multinational corporations and stabilising revenue streams from abroad, particularly in tech and healthcare.

Markets Affected by the US Election

In addition to concrete economic sectors that are seeing the impact of election season volatility, certain corners of the market are seeing ups and downs as well:

Forex & USD

The US dollar’s performance has fluctuated under different administrations, and the stakes are high this time around. A Republican victory could send the dollar soaring, fuelled by aggressive trade policies and rising interest rates, potentially strengthening it against the euro. On the flip side, if a Democrat takes the helm, analysts predict a softer dollar due to reduced fiscal expansion and declining real interest rates, which could benefit the euro in the EUR/USD pair. As election day approaches, volatility could be heightened, including on platforms like Plus500.

Commodities

The commodities market is already making waves. Rising geopolitical tensions, especially in the Middle East, are already influencing oil prices, and any further escalations could tighten supply routes like the Strait of Hormuz, potentially driving oil prices up sharply. Precious metals, traditionally seen as safe havens, may attract risk-averse investors amid election uncertainty. If policies post-election signal heightened government spending or inflation concerns, metals like gold and silver could see increased demand, reinforcing their role as hedges in uncertain times.

Trading Election-Related Indices with Plus500

With all of the aforementioned shifts underway, there are unique opportunities to trade on the shifting political landscape through OTC products on specific indices available on Plus500. Notably, these indices reflect the anticipated impact of party control on various sectors, enabling diverse trading strategies.

● The US Democrats in Power Index (BUDIPI) tracks companies poised to thrive under Democratic governance. This index is weighted by Free-Float Market Capitalization, meaning larger companies have a greater influence. Investors can look to sectors such as clean energy, healthcare, and technology, which are expected to benefit from policies likely to be enacted by a Democratic administration.

● Conversely, the US Republicans in Power Index (BURIPI) focuses on firms that are projected to gain from Republican leadership. The BURIPI index encompasses companies in the energy, defence, and financial sectors, reflecting potential tax cuts, deregulation, and increased military spending that could arise from a Republican victory.

● Additionally, traders can explore the Trumpnomics Index (BTRUIN), which specifically tracks businesses that may flourish under former President Trump’s economic policies. This index captures the performance of companies in industries such as fossil fuels, manufacturing, and infrastructure, which Trump has historically supported.

Riding the Volatility Wave

In the build-up to polling day, the potential for market volatility presents exciting trading opportunities as well as accompanying risks. With access to a wide range of OTC instruments and learning resources, Plus500 equips traders to potentially better navigate the uncertainties and ride the waves of uncertain global markets.

About Plus500

Plus500 is a global multi-asset fintech group operating proprietary technology-based trading platforms. Plus500 offers customers a range of trading products, including OTC (“Over-the-Counter” products, namely Contracts for Difference (CFDs)), share dealing, as well as futures and options on futures.

The Group retains operating licences and is regulated in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore, the Seychelles, the United States, Estonia, Japan, the UAE and the Bahamas and through its OTC product portfolio, offers more than 2,500 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. Customers of the Group can trade its OTC products in more than 60 countries and in 30 languages.

Plus500’s trading platforms are accessible from multiple operating systems (iOS, Android and Windows) and web browsers. Customer care is, and has always been, integral to Plus500. As such, OTC customers cannot be subject to negative balances. A free demo account is available on an unlimited basis for OTC trading platform users and sophisticated risk management tools are provided free of charge to manage leveraged exposure, and stop losses to help customers protect profits, while limiting capital losses.

Plus500 shares have a premium listing on the Main Market of the London Stock Exchange (symbol: PLUS) and are a constituent of the FTSE 250 index. https://www.plus500.com/.

This article was written by FL Contributors at www.forexlive.com.




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Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol

In a big step for decentralized technology, Deutsche Telekom MMS has partnered with Meta Pool as part of its Enterprise Node Operator (ENO) program, becoming the first telecommunications giant to operate a validator node on the NEAR blockchain. This collaboration not only enhances NEAR’s network security and decentralization but also signals a new era of enterprise-driven blockchain adoption, powered by Meta Pool.

Meta Pool, a leader in liquid staking solutions on NEAR, developed the ENO program to connect established industry leaders with the decentralized ecosystem. By joining this initiative, Deutsche Telekom provides NEAR with enterprise-grade infrastructure that boosts both network reliability and performance. This partnership marks a milestone in Meta Pool’s mission to transform the decentralized ecosystem, elevating NEAR’s technology to new levels of scalability and security through trusted industry partnerships.

About Meta Pool

Meta Pool is a multi-chain liquid staking ecosystem and a DAO with multi-chain governance on NEAR and Ethereum. It offers Vote-to-Earn governance rewards, Liquid Staking Tokens on Ethereum, NEAR, Solana, Aurora, ICP, and Q, and Solana's first restaking aggregator, supporting mpSOL, jitoSOL, bSOL, and SOL. Meta Pool makes liquid staking simple and accessible across multiple blockchains, with plans for further expansion.

A Visionary Collaboration for Decentralized AI and Blockchain Innovation

Meta Pool’s (https://www.metapool.app/) ENO program was designed to bridge traditional and decentralized worlds, creating a robust and resilient network on NEAR through partnerships with industry leaders. By joining this initiative, Deutsche Telekom empowers NEAR with the infrastructure to support decentralized applications at scale, opening doors for new advancements in AI, blockchain scalability, and multi-chain interoperability. With Meta Pool’s ENO program as the foundation, Deutsche Telekom is taking a leap toward reimagining the future of decentralized networks.

"NEAR stands out as an ecosystem that shares our vision of combining blockchain and AI with a decentralized approach that prioritizes data privacy and security," said Oliver Nyderle, Head of Digital Trust & Web3 Infrastructure at Deutsche Telekom MMS. "Together, we’re breaking new ground and building a future that connects these technologies in ways never seen before."

Meta Pool, Deutsche Telekom, and NEAR: Building a User-First, Decentralized Future

In an era where data sovereignty and transparency are paramount, Meta Pool’s ENO program brings companies like Deutsche Telekom into the NEAR network, securing blockchain and AI solutions that empower users. This partnership sets the stage for a privacy-focused, decentralized future, championed by industry leaders committed to the transformative power of blockchain.

“This partnership is a turning point for NEAR, Meta Pool, and our Enterprise Node Operator program,” said Claudio Cossio, Meta Pool’s co-founder. “With Deutsche Telekom’s world-class infrastructure expertise, we’re taking NEAR’s protocol to unprecedented levels of decentralization and resilience.”

NEAR Protocol - A Unique Foundation for Decentralized Innovation

NEAR is a high-performance, environmentally sustainable Layer 1 blockchain built to host decentralized applications for millions of users. Thanks to its unique sharding technology, NEAR enables fast, energy-efficient transactions, making it a “green” alternative within blockchain technology. NEAR aligns with Meta Pool’s mission to advance accessible, eco-friendly blockchain solutions that support a more inclusive digital future.

Through Meta Pool’s ENO program, Deutsche Telekom gains access to cutting-edge blockchain insights, reinforcing its leadership in decentralized AI. This partnership reflects a shared commitment to exploring Web3 possibilities, setting the stage for a more transparent, secure, and innovative digital world.

This article was written by FL Contributors at www.forexlive.com.