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On September 11th, it was reported that nine departments in Zibo City recently jointly formulated the "Zibo City Artificial Intelligence + Manufacturing Action Plan (2026-2028)". The plan proposes that by 2028, Zibo will be fully established as a leading application hub for "Artificial Intelligence + Manufacturing" in Shandong Province. In terms of technology supply, it aims to build more than 10 large-scale industrial models, more than 3 industry corpora, and more than 10 industrial intelligent agents. Regarding integrated applications, it aims to create more than 50 application scenarios, cultivate more than 200 intelligent factories, and ensure that the intelligentization level of key industry backbone enterprises reaches the advanced level in China. In terms of ecosystem construction, it aims to build 6 artificial intelligence capability centers and 1 embodied intelligent robot training ground, basically establishing a full-chain service system covering technology research and development, achievement transformation, scenario verification, and promotion and application.According to Axios: The commander of U.S. Central Command discussed the Houthi advance in Yemen.According to Axios: The commander of U.S. Central Command visited Saudi Arabia on Thursday.Swiss National Bank President Schlegel: We dont have gold in the United States.September 11th - It was learned today from the National Data Administration that my country has officially launched data property rights registration to accelerate the circulation and use of data as a new factor of production. Luan Jie, Director of the Policy and Planning Department of the National Data Administration, stated that the implementation of a unified national data property rights registration system will address the long-standing issues of multiple types of data registrations coexisting, inconsistent standards, and insufficient mutual recognition. The goal is to achieve "one-time registration, nationwide usability," thereby accelerating the construction of a unified national data market, reducing data circulation and transaction costs, and promoting the release of data value.

Carbon Neutral Bitcoin and Ethereum ETPs Listed on Swiss Exchange

Cory Russell

Apr 12, 2022 10:43

The two new ETPs on SIX are Bitcoin Zero (BTCO2) and Ether Zero (ETH2O).


The ETPs are the product of a campaign known as "Crypto becomes carbon neutral."


The debut took place at a time when the stock market was in free collapse.


While the crypto market and the stock market are two distinct things, investors can't seem to get enough of both. As a consequence, we are seeing the emergence of Exchange Traded Products (ETPs) (ETPs).


People desire something more sustainable even inside these ETPs, and carbon-neutral ETPs have been designed to meet that need.

Crypto Becomes Carbon Neutral

The influence of crypto on the environment has been a long-debated matter, with no clear answer in sight.


To put a stop to this, the European Union nearly outright outlawed proof of work, but the majority of members voted against it, saving Bitcoin, Ethereum, and other (PoW) cryptocurrencies.


Other businesses, on the other hand, are still attempting to become carbon-neutral, as did an ETP provider for the stock market.


In collaboration with the Swiss FinTech Innovation Lab of the Institute for Banking and Finance at the University of Zurich, Helveteq, a Swiss issuer of ESG-transparent investment products, launched the research-based project "Crypto becomes carbon neutral."


The two ETPs, Bitcoin Zero (BTCO2) and Ether Zero (ETHZ), were born from it (ETH2O).


"It is time to give investors the first carbon neutral crypto ETPs from a Swiss issuer," Dr. Christian Katz, the CEO of Helveteq, said. The relationship between the environment and the blockchain economy is becoming more widely recognized, and we must all work together to create long-term solutions."


These ETPs will be added to SIX's pool of 240 other investment products.

Perhaps Now Isn't the Best Time?

The introduction of the ETPs, which was announced today, was not the best timing given the current state of the crypto market. The market has lost more than $122 billion in total, forming a 6.25 percent long red candle.


However, even before today, the overall market capitalization had fallen below $2 trillion, and is at $1.841 trillion. As a result, there's a significant likelihood that this will have a detrimental impact on the launch of these ETPs.

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