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INDONESIA’S FIRST PROPERTY ASSET TOKENIZATION COLLABORATION BETWEEN D3 LABS, BTN, AND RELIANCE GROUP.

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JAKARTA, Indonesia, July 31, 2024 /PRNewswire/ — D3 Labs, a provider of blockchain-based financial technology solutions, in collaboration with Indonesia’s state-owned bank PT Bank Tabungan Negara (Persero) Tbk (BTN) and PT Reliance Manajer Investasi (RMI), has developed the first property asset tokenization product in Indonesia. This was achieved through a blockchain technology-based Real Estate Investment Fund (REIT) scheme. This achievement is the outcome of BTN’s collaboration with PT Reliance Manajer Investasi (RMI) as an investment manager and D3 Labs as a blockchain technology provider for digital asset tokenization.

In this partnership, D3 Labs plays a critical role in providing banking-grade tokenization infrastructure, empowering emerging market financial products to be made available to global audiences. This partnership with BTN, the largest Indonesian mortgage state-owned bank that manages around 40% of the Indonesian mortgage market, is a testament to the capability of D3 Labs’ infrastructure, being able to pass the highest criteria of banking and compliance standards.

Indonesia has emerged as a prime destination for international investors, with foreign direct investment (PMA) reaching a substantial USD 946.4 million or approximately IDR 14.19 trillion by the conclusion of the first quarter of 2024. Indonesia is the 4th most populous country in the globe, combined with a rising middle class, Indonesia is commonly viewed as one of the largest and most potential emerging markets in the world. Despite the prevailing global economic difficulties, Indonesia’s real estate sector has presented a picture of resilience, drawing interest from investors across Southeast Asia, as well as from Hong Kong, China, India, Australia, Japan, and France, who are keen to participate in real estate investment within the nation.

Tigran Adiwirya, CEO of D3 Labs, has noticed a widespread adoption of blockchain technology for digitally tokenizing financial assets in recent years. This trend is mainly due to the highly liquid and efficient market. According to Nareits – the Association for REITs and Mortgage REITs based in Washington D.C., the total equity market capitalization for listed REITs has reached USD 2.0 trillion by the end of 2023. In September 2023, the tokenization of REITs surged to USD 178 million, marking a remarkable 90% growth from the 2022 figures. This substantial increase can be attributed to utilizing blockchain technology, which introduces new investment opportunities and positively impacts liquidity. It’s important to note that REITs’ tokenization currently only represents a small fraction of the potential opportunity. With this in mind, D3 Labs, along with BTN and Reliance, are strategically positioned to capitalize on this growing trend.

BTN’s Director of Risk Management, Setiyo Wibowo, emphasized BTN’s endorsement of technological innovation within the financial sector through digital asset tokenization. The primary objective is to broaden investor access to domestic and international property investments. Setiyo explained, “BTN will supply property assets that conform to the underlying REITs’ criteria for subsequent tokenization. This process designates the property owner, an active BTN debtor, as the issuer of REIT products. RMI will oversee the management of these assets, while D3 Labs will handle their tokenization.”

The current investment opportunity has captured the attention of approximately 195 countries worldwide, each of which is actively formulating regulations about the tokenization of real-world assets. Meanwhile in Indonesia, the provisions for REIT products have been issued since 2017 by OJK Regulation No. 64/POJK.04/2017 concerning Real Estate Investment Funds in the Form of Collective Investment Contracts. Entities that issue REITs stand to gain numerous advantages, including access to new funding for business expansion, tax incentives, and transforming illiquid assets into liquid assets. Similarly, REIT investors can benefit from a highly affordable alternative investment in real estate, protection against inflation, and increased transparency. Setiyo emphasized that RIET Tokenization will be developed through a Sandbox or trial with OJK (Indonesia’s Financial Services Authority), conducted by RMI and D3 Labs.

“D3 Labs specializes in providing blockchain technology solutions for financial services institutions. Our blockchain solution, SeaSeed, is a blockchain extension module that enables financial services institutions to securely manage their transactions and data confidentiality. Our goal is to assist in the development of standardized banking products utilizing blockchain technology, with a focus on transaction security, transparency, and accountability,” stated Tigran.

About D3 Labs

D3 Labs is a pioneering leader in programmable assets and blockchain technology, dedicated to revolutionizing the financial landscape in Indonesia and the broader Southeast Asia region. With a focus on empowering businesses, D3 Labs delivers cutting-edge programmable asset infrastructure solutions to streamline processes and enhance competitiveness.

For more information, visit: www.d3labs.io or our social media :
Linkedin: D3 Labs 
Youtube: D3 Labs 
Instagram: @d3labs.io

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SOURCE D3 Labs

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Quote.com Announces New Senior Leadership Additions

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ST. PETERSBURG, Fla., April 22, 2026 /PRNewswire/ — Quote.com, a leading tech-enabled, omnichannel performance marketing organization, today announced the addition of two new executive team members to support the company’s continued growth and strategic expansion. Chase Nichols joins as Chief Marketing Officer and Ben Hochstetler as Senior Vice President of Marketing.

Quote.com announced the addition of two new executive team members, Chase Nichols and Ben Hochstetler.

The appointments strengthen Quote.com’s leadership team as the company continues to invest in execution, growth, and expanding its ability to help consumers access insurance solutions more easily and efficiently. “We are excited to welcome Chase and Ben to the Quote.com leadership team,” said Nick Stommes, Chief Executive Officer at Quote.com. “Both bring deep industry expertise, experienced execution capability, and a strong focus on operational excellence that will help accelerate our growth while improving how consumers access and compare insurance options. Their leadership will play a critical role at Quote.com as we continue scaling our platform and strengthening our partnerships.”

Chase Nichols joins Quote.com as Chief Marketing Officer; Chase is responsible for all performance marketing planning, organization, and execution, and is focused on driving efficient, measurable consumer touchpoints. With nearly two decades of experience in financial services and performance marketing environments, he brings a data-first approach to scaling growth while balancing brand development and direct-response marketing.

Ben Hochstetler joins as Senior Vice President of Marketing, leading digital marketing strategy and execution across Quote.com’s omnichannel performance marketing footprint. He brings more than 15 years of experience building and scaling performance marketing execution in highly competitive and regulated markets.

About Quote.com

Quote.com is a tech-enabled omnichannel performance marketing organization that delivers high-quality, mission-critical demand at scale to industry-leading partners. The company serves customers across multiple insurance verticals, including auto, home, life, and Medicare insurance. Quote.com provides significant value to consumers by providing an independent, third-party comparison-shopping experience.

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SOURCE Quote.com

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Young Voices Across Oceans: Telling China’s Story Fiji Special Showcases GDI Achievements

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SHENZHEN, China, April 22, 2026 /PRNewswire/ — This year marks the 5th anniversary of the Global Development Initiative (GDI). Shenzhen Media Group’s “Telling China’s Story” program presents a special Fiji season, taking the perspective of young Chinese people to the Pacific island nation of Fiji. It documents the implementation of numerous cooperative projects which are smaller in scale but well-designed, showcasing the heartwarming stories and broad prospects of China and Fiji working together to promote common development and share the fruits of cooperation, vividly illustrating the practical achievements of the GDI.

 

The program will air from April 20th to 22nd, 2026. The first episode features Chinese actor Zhao Xiaotong, food blogger Yang Beichuan, and Wu Dongwei, a doctoral student at China Agricultural University, who visit the China-Fiji Juncao Technology Demonstration Center in Nadi, Fiji, to explore how this “Happiness Juncao” from China has taken root and grown in the South Pacific island nation, benefiting people’s livelihoods.

This “Happiness Juncao” has yielded “win-win results” in Fiji, bringing tangible changes to local families. Internet technology engineer Ashmir not only gained a stable income by learning Juncao (a type of grass cultivation) to grow mushrooms, but also successfully paid off his car loan.

During this filming, a “Mushroom Team” of young Chinese people joined Ashmir in a Fijian market to promote mushroom dishes and introduce locals to various new ways to enjoy mushrooms. The humble mushroom became a bond of friendship across mountains and seas, conveying the warm sentiments of mutual understanding between the Chinese and Fijian people amidst the bustling market atmosphere.

 

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SOURCE Shenzhen Media Group

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Laminar Wins Gold 2026 Edison Award for Physical AI that Powers the Self-Driving Factory

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Top honor recognizes Laminar’s innovation and transformation in the CPG manufacturing industry

BOSTON, April 22, 2026 /CNW/ — Laminar, a physical AI solution helping the world’s leading manufacturers run more productive and sustainable factories, announced that it received a Gold 2026 Edison Award in the Manufacturing & Logistics category. The award recognizes Laminar for enabling food and beverage manufacturers to unlock new levels of productivity and sustainability through innovation – running faster production lines while cutting water, chemicals, and downtime.

“Laminar is leading the way CPG manufacturers implement physical AI on the factory floor with first-of-their-kind self-driving processes,” said Annie Lu, Laminar Chief Executive Officer and Co-Founder. “Our patented spectral sensors and complete library of ML models enable a new, transformative approach to closed-loop automation, making the goal of the self-driving factory achievable today. We are honored the Edison Awards recognized our commitment to building a new category of technology and reshaping the future of manufacturing.”

Laminar’s physical AI transforms operations by enabling CPG manufacturers to transition from manual, timer-based operations to self-driving. Deployed across six continents for Coca-Cola, AB InBev, Danone, and Unilever, Laminar delivers measurable sustainability and profitability gains from the same investment. Laminar’s self-driving processes include:

Self-Driving Clean-in-PlaceSelf-Driving Product ChangeoverSelf-Driving Batch OptimizationSelf-Driving Quality ControlAnd more

The Edison Awards, established in 1987 and named in honor of inventor Thomas Edison, celebrates game-changing innovation across industries worldwide. Drawing a global community of innovators across 60+ countries, the Edison Awards elevate solutions that reimagine our future.

Recognition for Laminar’s Innovation

Headquartered at Greentown Labs in Somerville, MA – North America’s leading cleantech incubator – Laminar is a woman-founded startup backed by top-tier investors, including Greycroft, Construct Capital, 2048 Ventures, and Flybridge Capital.

Recognized for its innovation and impact, Laminar received AB InBev’s 2024 Cheers Award for outstanding startup partnership and was named Unilever’s 2023 Supplier Startup of the Year. Laminar’s solution is also deployed in World Economic Forum Lighthouse factories recognized for their leadership in cutting-edge technology.

About Laminar

Laminar’s physical AI helps the world’s leading manufacturers run self-driving factories with more sustainable, efficient operations. Our patented spectral sensors and complete library of ML models transform manual operations into self-driving processes that cut water, chemicals, and downtime in real-time. Deployed in factories across six continents and trusted by global leaders like AB InBev, Coca-Cola, and Unilever, Laminar is building a new category of physical AI that will power the future of process manufacturing. Learn more at runlaminar.com

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SOURCE Laminar

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