FreedomPay Selects Hill+Knowlton Strategies as Communications Agency of Record Amidst Global Expansion

Philadelphia, Pennsylvania, Oct. 12, 2021 (GLOBE NEWSWIRE) — FreedomPay, a global leader in Next Level Commerce™ has selected Hill+Knowlton Strategies (H+K) as its communications partner, following a competitive agency review. H+K will work with FreedomPay’s in-house marketing team to execute the global fintech leader’s national communications strategy as it continues its global expansion across 130+ countries, more than one hundred currencies and thousands of commerce partners.

FreedomPay is the only, fully independent, ‘open’ and agnostic Commerce Platform supporting the most innovative partners across banking, acquiring, processing and software vendors around the world. A pioneer in Commerce Technologies, FreedomPay’s cutting edge technology is unrivaled in speed, security, and capacity. With its award-winning, world-class Platform now serving 3 Billion+ transactions across the globe and accelerating into advanced cloud infrastructure, the company is growing rapidly to meet the needs of merchants with over 600+ integrations and the ‘new norm’ consumer demanding more experiences across in-store, online and on mobile commerce.

“FreedomPay’s singular focus on the evolving needs of both merchants and consumers distinguishes our solution set and is driving exponential growth,” said Chris Kronenthal, President & CTO at FreedomPay. “As technology continues to unite markets across all continents, our international partners are turning to our globally available and scalable Platform to support increasingly complex requirements to satisfy merchant and consumer requirements. With a focus on continued innovation for the fintech industry, as well as an extensive US and global presence that delivers an understanding of the markets and stakeholders that we are expanding to reach – we look forward to collaborating with Hill+Knowlton as our communications partner and sharing our entrepreneurial drive and culture of innovation.”

FreedomPay’s global footprint delivers full Omni-channel capabilities to merchants in 130+ countries and territories. FreedomPay’s Next Level Commerce™ platform is now fully compliant with PSD2 strong customer authentication, on-line PIN and foreign language support now meeting the needs of hundreds of thousands of merchants around the world.

About FreedomPay

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, food service, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against the Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

 

About Hill+Knowlton Strategies   

Hill+Knowlton Strategies, Inc. is an international communications consultancy, providing services to local, multinational, and global clients. H+K operates 77 offices in 43 countries worldwide, as well as an extensive associate network, delivering award-winning campaigns to clients across all sectors and disciplines and with a focus on continued innovation for the industry. Headquartered in New York, the firm is part of WPP, one of the world’s largest communications services groups.

Media Contact

Amy Dalkoff

Hill+Knowlton for FreedomPay

Amy.dalkoff@hkstrategies.com

312-255-3078 

Taylor Durovsik
FreedomPay
taylor.durovsik@freedompay.com

Hangzhou: rising distribution center of digital resources in China and key player in globalization reconstruction

HANGZHOU, China, Oct. 12, 2021 /Xinhua-AsiaNet/– In a recent Economist Intelligence Unit ranking of emerging Chinese cities, Hangzhou, Shenzhen, Guangzhou, Shanghai and Zhuhai stood out as the top five. These cities in southeast China are estimated to boast the greatest economic growth potential in the next five years and are expected to play an important role in China’s transition to a more technology-driven growth model.

Hangzhou, the pioneer city in China’s digital economy development, topped the ranking. According to the analysis, the eastern Chinese city will become an important distribution center of the country’s new digital resources and play a more important role in the new round of global economic system reconstruction, which is different from the globalization brought about by the last round of goods trade and financial resources flow and a series of international cities formed by it.

The 17th China International Cartoon & Animation Festival was held in Hangzhou, China from September 29th to October 4th, attracting many fans wearing various gorgeous costumes.

Hangzhou and other eastern coastal cities will benefit from the central government’s expected innovation and productivity drive under the 14th Five-Year Plan, as they have attracted large inflows of skilled workers, according to the report. Meanwhile, the pandemic has contributed to transformative changes in business dynamics. E-commerce penetration deepened as consumers developed a stronger preference for online shopping and businesses adopted new marketing formats, like live streaming.

According to Hangzhou Municipal Government, Hangzhou’s rise in China’s emerging market status and great potential for future economic growth are inseparable from the surging power of the digital industry. Data showed that in the first quarter of this year, the core industries of Hangzhou’s digital economy achieved a total added value of 112 billion yuan, up 28.1 percent year on year, achieving an average growth of 16.6 percent in two years and accounting for 26.7 percent of GDP.

While continuously upgrading the level of digital industry, Hangzhou has accelerated the development of industrial Internet, 5G and other new-era infrastructure, with emerging digital applications such as smart workshops and digital factories.

In Hangzhou, there are many digital enterprises dedicated to making factories smart. At present, Hangzhou has gathered more than 400 digital engineering service organizations, offering about 70 percent of digital transformation service capabilities for Zhejiang and about 70 percent of cloud computing capabilities for China.

With a booming digital economy featuring smart digital governance and convenient digital life, Hangzhou, a city known for its beauty over the past thousands of years, has made digitalization as its most distinctive symbol of the times. Digitalization also makes Hangzhou a distribution center of new digital resources in China, and plays a pivotal role in the new round of transformation of China’s economy facing globalization, driving the reconstruction of various elements such as trade, manufacturing, artificial intelligence development and design.

The upgrading and vigorous development of urban industry cannot be separated from the support of talents. In terms of attracting talents, Hangzhou has a dazzling performance sheet: for three consecutive years, the net inflow rate of domestic and overseas talents and the net inflow rate of Internet talents remain the first in China, and it has been selected as one of the most attractive Chinese cities in the eyes of foreign talents for ten consecutive years. Why is Hangzhou so charming?

“All the work to improve the quality of the city comes down to attract and retain talents.” This is Hangzhou’s answer as well as its vision. In Hangzhou, a consensus has been reached that talent is the most important resource, and the major policies of the city must be coordinated with talent work in advance. Issues related with talent work that need coordination will also be put on the agenda for discussion and solution at the earliest opportunity.

More than 100 international students from more than 40 countries have entered the first entrepreneurship park for international students in Hangzhou. So far this year, Wei Shang, an Indian student, has won orders of nearly 400,000 yuan to sell Chinese products to India. Anna Lu, a British student, founded an education consulting company, introducing excellent foreign teachers to many universities in Jiangsu and Shanghai…

Hangzhou’s environment for talents is getting better. This city with a population of over 10 million is providing fresh development opportunities, attracting talents from home and abroad to settle in Hangzhou with a more open ecological environment for talents and a more confident attitude.

Hangzhou citizens are the most fashion-conscious people I have ever met. They stress civilization and courtesy, and their lives are full of the pursuit of individuality and internationalization, according to Alan Wilkinson, an Englishman who has lived in Hangzhou for many years.

The unique fashion consciousness of Hangzhou citizens can be said to come from the cultural genes engraved in Hangzhou, a famous city with a thousand years of history and culture. Today’s Hangzhou, with prosperous culture, has become a city of animation, exhibition and contest. The China International Animation Festival, which has been held 17 years, has been held as a carnival for animators in China and even around the world. More and more animation companies and creators are racing to explore this rich mine in Hangzhou and promote the integration of animation culture into every aspect of the city.

The 15th Hangzhou Cultural & Creative Industry Expo to be held this year will continue to stimulate the endogenous power of Hangzhou’s cultural industry and let Hangzhou citizens enjoy the feast brought by global creative culture; The 14th FINA World Swimming Championships in 2018 showed the world Hangzhou’s comprehensive strength and ability to run the competition. Former FINA President Julio Maglione once said that they spent a very unforgettable time in Hangzhou, a city of vitality. In 2022, Hangzhou will host the 19th Asian Games, and more and more top-level events will be settled in Hangzhou, which will gradually brand the city with distinct sports marks.

Hangzhou is committed to building itself into a digital city to inject new momentum into the construction of an innovative city, a green city to highlight ecological civilization, a city of humanity with stronger historical and cultural charm, a happy city as an example of Zhejiang’s high-quality development and common prosperity demonstration area, and an open city with increasing internationalization.

Source: Hangzhou Municipal Government

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Zoom Named a Leader in 2021 Gartner® Magic Quadrant™ for Meeting Solutions

Zoom Celebrates its Sixth Consecutive Year in the Leaders Quadrant

SAN JOSE, Calif., Oct. 11, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced that analyst firm Gartner has named Zoom a Leader in the 2021 Magic Quadrant for Meeting Solutions. This is the seventh time Zoom has appeared in the Gartner Magic Quadrant for Meeting Solutions and its sixth consecutive time as a Leader.

For the Meeting Solutions Magic Quadrant, Gartner analyzed 15 companies in the Meeting Solutions space, naming Zoom as a Leader. Zoom is the highest-scoring vendor across three use cases in this year’s Critical Capabilities for Meeting Solutions: Learning and Training, External Presentation, and Webinar.

“We are honored that Gartner has named Zoom a Leader in the Magic Quadrant for Meeting Solutions,” said Eric S. Yuan, CEO of Zoom. “Zoom simplifies and elevates communications for every business, from the single entrepreneur to the world’s largest enterprises, and we are humbled that so many organizations trust our frictionless, reliable, and secure platform. Zoom will continue to innovate our platform to meet emerging collaboration demands and further deliver customer happiness.”

To read a complimentary copy of the 2021 Gartner Magic Quadrant for Meeting Solutions report, please visit zoom.us/gartner.

Disclaimer

Gartner, Magic Quadrant for Meeting Solutions, Mike Fasciani, Tom Eagle, Brian Doherty, Christopher Trueman, 7 October 2021 – For Magic Quadrant

Gartner, Critical Capabilities for Meeting Solutions, Tom Eagle, Mike Fasciani, Brian Doherty, Christopher Trueman, 7 October 2021 – For Critical Capabilities report.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights reviews constitute the subjective opinions of individual end-users based on their own experiences, and do not represent the views of Gartner or its affiliates.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Press Relations:
Beth McLaughlin
PR Specialist
press@zoom.us

چھٹا بین الاقوامی اویسٹر کلچر فیسٹیول چین کے شہر ویہائی روشان میں روشان ینتان ساحل پرسج گیا۔

افتتاحی تقریب میں 1.844 کلوگرام وزن ی اس کنگ اویسٹر کو 10 ہزار یوآن میں نیلام کیا گیا، کامیاب بولی لگانے والا مقامی شخص تھا

11 اکتوبر, 2021 /ژن ہوا-ایشیانیٹ/– رواں سال کے نیشنل ڈے گولڈن ویک کی چھٹی کے دوران، ویہائی میں چھٹا بین الاقوامی اویسٹر کلچر فیسٹیول ایک بار پھر روشان ینتان ساحل پر سج گیا ہے۔ پیپلز گورنمنٹ روشان کے مطابق افتتاحی تقریب، سپر اوسٹر فیسٹ، آتش بازی کا شو اور بیئر فیسٹیول سمیت متعدد شاندار سرگرمیوں نے ینتان کے ساحل پر ایک بہت بڑا ہجوم جمع کیا جس سے نئے شہر ینتان کی حوصلہ افزائی ہوئی۔

افتتاحی تقریب میں مختلف قسم کی فنکارانہ پرفارمنس

2 اکتوبر کی شام روشان ینتان ٹورسٹ ریزورٹ کے پلازہ میں افتتاحی تقریب کا انعقاد کیا گیا۔ تقریب کے دوران سمندری سیاحوں کے بینر سے ہوا کے تحت متعدد سرگرمیاں منعقد کی گئیں جس سے ینتان میں چھٹیاں منانے کے لئے نئے مقامات سامنے آئے، جیسے کہ گلوب آف ڈیتھ، سپر اویسٹر فیس ٹ اور بیچ موٹرسائیکلنگ۔ مسلسل تین دنوں میں سے ہر ایک کے لئے 500 کلوگرام اسٹیمنگ اویسٹرپیش کیےگئے، اور اس بات کو یقینی بنایا گیا کہ سیاح روشان اویسٹر کی نفاست کو یاد رکھیں اوردیگر سیاحوں کو ینتان کا دورہ کرنے کی ترغیب بھی دیں۔

بیچ موٹر سائیکل سواری

رواں سال روشان میں نیشنل ڈے گولڈن ویک کے دوران آنے والے سیاحوں کی تعداد میں سالانہ 23.5 فیصد تک اضافہ دیکھا گیا ہے۔ خاص طور پر روشان ینتان اور آس پاس کے سیاحوں کی توجہ کا مرکز ایک دن میں تقریبا ایک لاکھ سیاحوں کی میزبانی کرتے ہیں۔

ینٹن کی سمندر سے ہوا پروگرام سیاحوں میں بہت مقبول ہے

حالیہ برسوں میں روشان ینتان نے اپنے ماحولیاتی وسائل کے فوائد کا بہترین استعمال کیا ہے، مثال کے طور پر نیلا سمندر اور صاف آسمان ، خطے کی خصوصیت ہیں۔ اس شہر نے نیشنل ویمنز ہاف میراتھن اور نیشنل سائیکلنگ چیمپئن شپ جیسے کچھ بڑے کھیلوں کے مقابلوں کی کامیابی کے ساتھ میزبانی کی ہے اور اس نے ’دی موسٹ بیوٹیفل ینتان پیپل ٹیلنٹ شو’ اور ’لو ان دی فور سیز ایونٹس۔ جیسی تھیم پر مبنی ثقافتی تقریبات کا انعقاد کیا ہے۔ اس طرح ینتان نے انٹرنیٹ کی مقامی مشہور شخصیات اور ترجمانوں کا اہم مواد جمع کر لیا ہے جو ینتان کے لوگوں کو، ینتان کے قدرتی مناظر اور ثقافتی رسم و رواج کو فروغ دینے اور دلکش ینتان کی متحرک ساحلی شہر کی تصویر دکھانے کے لیے اپنے ذرائع استعمال کرنے کے قابل بناتا ہے۔

ماخذ: روشان کی پیپلز گورنمنٹ

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مزیدار سیپ چکھنے والے سیاح

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The 6th International Oyster Culture Festival Lights Up Rushan Yintan Beach in Weihai RUSHAN, China,

At the opening ceremony, this King Oyster weighing 1.844 kg was auctioned for 10,000 yuan, the successful bidder being a local person

Oct. 11, 2021 /Xinhua-AsiaNet/– During this year’s National Day Golden Week holiday, the 6th International  Oyster Culture Festival in Weihai once again lit up Rushan Yintan beach. A number of fantastic activities, including the opening ceremony, a super oyster feast, a fireworks show and a beer festival, drew a huge crowd to Yintan’s beach, invigorating the new city of Yintan, according to the People’s Government of Rushan.

A variety of artistic performances at the opening ceremony

Caption: Beach motorcycle riding

On the evening of October 2, the opening ceremony was held in the plaza of the Rushan Yintan Tourist Resort. During the event, several activities were held under the Wind from the Sea tourist banner, creating new hot spots for holidaying in Yintan, such as the Globe of Death, the Super Oyster Feast, and Beach Motorcycling. For each of three consecutive days, 500 kilograms of steaming oysters were on offer, ensuring that tourists would remember the delicacy of Rushan oysters, and also encouraging many more tourists to visit Yintan.

This year, Rushan saw a 23.5 percent year-on-year increase in the number of tourists visiting during the National Day Golden Week. Specifically, Rushan Yintan and surrounding tourist attractions hosted up to almost 100,000 tourists a day.

Yintan’s Wind from the Sea Program is very popular with tourists

Tourists tasting delicious oysters

In recent years, Rushan Yintan has made great use of its environmental resources advantages, for example the blue sea and clear skies that are characteristic of the region. The city has successfully hosted some major sporting events such as the National Women’s Half Marathon and the National Cycling Championships, and has organized a range of themed cultural events such as The Most Beautiful Yintan People Talent Show and the Love in the Four Seas  events. In this way, Yintan has accumulated a core of local internet celebrities and spokespeople, thereby enabling the people of Yintan to use their own means to promote Yintan’s natural scenery and cultural customs, and to showcase the dynamic coastal city image of Charming Yintan.

Source: The People’s Government of Rushan

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Tourists enjoy the Super Oyster Feast

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Jet Protocol Lists on AscendEX

Singapore, Oct. 08, 2021 (GLOBE NEWSWIRE) — AscendEX is thrilled to announce the listing of the Jet Protocol token (JET) under the trading pair JET/USDT on Oct. 14 at 1 p.m. UTC. To celebrate the listing of JET, AscendEX will host two separate auctions that will take place simultaneously on October 13 between 1 p.m. and 2 p.m. UTC.

Jet Protocol will be launched as an open-source, non-custodial, borrowing and lending protocol on the Solana Blockchain. It engineers new possibilities for capital efficiency, performance, and scalability. Jet allows users to participate in lending pools where they deposit supported tokens to receive interest, or “yield” over time, as a participation incentive. Those deposits remain in a pool used for issuing loans to other users for as long as the assets remain delegated.

Jet believes that borrowing and lending protocols are integral to the DeFi ecosystem. The decision to build on Solana was based on its unmatched transaction speed and low fees. The Solana integration will allow Jet to contribute and grow on-chain DeFi lending. The project anticipates a gradual integration of broader interest and more efficient trading. In addition to lending, Jet will introduce interest rate products and secondary markets on Serum, facilitating ongoing, community-driven, lending product research and development. Through these methods, Jet makes it easy for users to earn interest with their JET tokens.

Jet is planning to launch with a dedicated governance system that leverages their founding team’s unique and extensive experience in protocol governance. This governance-oriented approach aims to work with the community to set a clear precedent toward how the Protocol will operate. Jet will innovate on tested governance models from existing protocols while focusing on community ownership and engagement. The most important aspect of this approach is to build an inclusive community to research, design, and implement useful lending products. So, the token holders will have a say in the future of the platform. This focus on community is core to Jet’s mission of bringing DeFi protocols into the mainstream.

Prior to a successful mainnet launch this week, Jet recently completed a follow-on funding round that included AscendEX among other partners bringing in a total of $6.8mm to the project. This latest fundraise has highlighted the strong support for Jet from a variety of stakeholders including AscendEX.

About AscendEX
AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Jet Protocol
Jet Protocol will launch as an open-source, non-custodial borrowing and lending Protocol on the Solana Blockchain. Jet re-engineers what’s possible in terms of capital efficiency, performance, and scalability on Solana. The Protocol allows users to participate in lending protocols where they deposit supported tokens to the platform and then receive interest on their deposits to incentivize participation.

For more information and updates, please visit:
Website: https://Jetprotocol.io
Twitter: https://twitter.com/JetProtocol
Telegram: https://t.me/jetprotocol
Discord: https://discord.gg/BsF3cEbdV9

Attachment

Marketing Department
AscendEX
marketing@ascendex.com

Copyright © 2021 GlobeNewswire, Inc.

Seaweed a model solution for fighting climate change

Seaweed a model solution for fighting climate change

Researchers from KAUST and Aarhus university believe they have identified a model solution to climate change, biodiversity loss, joblessness, hunger and environmental damage. In a paper published in Nature Sustainability, the co-authors outline how the cultivation and use of seaweed as a carbon capture technology, a job and tax revenue generator, and a food source, can protect and restore the planet. Credit photos from Aarhus to Michael Bo Rasmussen, Aarhus University.

THUWAL, Saudi Arabia, Oct. 07, 2021 (GLOBE NEWSWIRE) — Seaweed, as its unfortunate name suggests, can be a nuisance. It makes a mess of beautiful beaches. It bobs up and down in the waves in an unsightly blob. And it sticks to unsuspecting swimmers as they try to enjoy a dip. But despite its reputation with some ocean goers, seaweed just might be one of the most powerful tools we have to save the planet from manmade climate change while providing a path to realizing many of the UN Sustainable Development Goals.

Researchers from KAUST and Aarhus University believe seaweed is a model solution to climate change, biodiversity loss, joblessness, hunger and environmental damage. In a paper published in Nature Sustainability the co-authors outline how the cultivation and use of seaweed as a carbon capture technology, a job and tax revenue generator, and a food source, can help protect and restore our planet.

“Our research consolidates seaweed farming as an underpinning of a sustainable future,” Professor Carlos Duarte, study lead author said. “It is scalable, with a 2,000-fold increase potential, it generates valuable products while also contributing to carbon sequestration below the farm, it produces sustainable fuels, and it displaces carbon-intensive products, thereby providing a range of contributions to climate action. While growing at sea, seaweed forms an ecosystem that delivers multiple benefits to the marine environment.”

The cultivation and use of seaweed, the authors believe, will directly support six of the UN Sustainable Development Goals (SDGs), and indirectly support several others. Achieving zero hunger, supporting good health, making clean energy affordable, as well as supporting industrial innovation, climate action, and ocean conservation, are all outcomes of cultivating seaweed. Not only is the plant climate positive, profitable, and edible, but it promises to feed and employ millions while preserving the planet and fostering poverty reduction and gender equality.

“Seaweed provides wonderful materials for a range of applications, grounded in their amazing diversity, as seaweed are as far apart from a genomic perspective as mushrooms and elephants. This genomic diversity provides a phenomenal source of new materials across a range of industries, from food, to fuels and plastics,” Duarte said.

The pitch, as much as there is one, is that seaweed cultivation must be ramped up significantly. This, of course, might encounter roadblocks in legislatures around the world as western regulations, where seaweed farming is just starting, are quite unwelcoming to seaweed aquaculture. The paper outlines in broad terms the objections that could be raised and addresses them in turn.

“Because seaweed farming is a new industry in western nations, existing regulatory frameworks do not facilitate its development. In some nations it is easier to get a concession for marine oil and gas extraction than for a seaweed farm. Creating a friendlier regulatory environment that encourages, rather than deter, seaweed farming will be critical to delivering on its potential.”

“Currently, seaweed farming occupies about 2,000 Km2 of land, compared to about 60 million Km2 land food producing systems occupy. We consider that about 4 million Km2 of ocean can support seaweed aquaculture while delivering positive impacts on the marine environment. In the rump-up to COP26, we consider that scaling seaweed farming can be a wedge of a regenerative approach to our oceans, delivering climate action while alleviating hunger and poverty,” Duarte said.

Professor Dorte Krause-Jensen from Aarhus University adds that sustainability standards and consideration of the carrying capacity for seaweed farming need be in place to avoid potential unattended negative consequences the farming.

“The utilisation of seaweed in a cascading biorefinery extracting biomolecules sequentially, offers a path to maximise the value of the biomass and render seaweed farming profitable, even in Western countries where costs are higher” said senior researcher Annette Bruhn of Aarhus University. “Promoting sustainable seaweed cultivation as an emission capture and utilisation technology supporting the circular bioeconomy, calls for a cross-sectorial approach to solving societal challenges. We need a disruption of the traditional way of thinking climate, environment and resource provision in each their sector and we need partnerships between science, industry and authorities”.

About KAUST

King Abdullah University of Science and Technology (KAUST) advances science and technology through distinctive and collaborative research integrated with graduate education. Located on the Red Sea coast in Saudi Arabia, KAUST conducts curiosity-driven and goal-oriented research to address global challenges related to food, water, energy, and the environment.

Established in 2009, KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world. The University currently educates and trains master’s and doctoral students, supported by an academic community of faculty members, postdoctoral fellows and research scientists. With over 100 nationalities working and living at KAUST, the University brings together people and ideas from all over the world.

To learn more visit kaust.edu.sa.

About Aarhus

Aarhus University has been achieving excellence in research and education since 1928. Being a top 100 university with more than 50 Masters and Bachelors educations in English, Aarhus University is a leading globally oriented university with a strong engagement in the solving the societal challenges on local and global scale.

Department of Bioscience provide teaching, research and consultancy in all aspects of life; from bacteria to whales, from genes to ecosystems and from fundamental research to applied biology in nature management and biotechnology.

To learn more visit https://international.au.dk/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5141687d-2aea-43e1-bddc-623aab93621f

For more information, please contact global.pr@kaust.edu.sa