Connect with us

Technology

Byte Federal Welcomes New CEO to Lead Next Phase of Innovation and Growth

Published

2 years ago

on

VENICE, Fla., Aug. 21, 2024 /PRNewswire/ — Byte Federal, a pioneer in Bitcoin financial services, is excited to announce the appointment of Paul Tarantino as its new Chief Executive Officer, effective immediately. Paul succeeds Lee Hansen, who will transition to a strategic role as Chief Information and Operations Officer, continuing his legacy of innovation and leadership within the company.

“Paul’s appointment as CEO comes at a pivotal time for Byte Federal as we continue to innovate at the intersection of Bitcoin and traditional financial services.”

Paul brings a wealth of experience from the traditional financial sector, having held significant roles at Canandaigua National Trust Co., Northwestern Mutual, and UBS. His deep insights into Bitcoin‘s disruptive potential and his commitment to financial inclusivity make him the ideal leader to steer Byte Federal through its next chapter of expansion and technological advancement.

During Lee Hansen’s tenure as CEO, Byte Federal achieved significant milestones in collaboration with the CFO and CTO. The company expanded to operate in 40 states with 1,300 locations and developed digital consumer products like ByteWallet and ByteConnect. In his new role, Lee will focus on enhancing the company’s infrastructure and operational capabilities.

“Paul’s appointment as CEO comes at a pivotal time for Byte Federal as we continue to innovate at the intersection of Bitcoin and traditional financial services. His profound understanding of financial markets and his passion for cryptocurrency make him uniquely qualified to lead our company forward,” said Lee Hansen, outgoing CEO.

In his most recent role as Director of Business Development at Byte Federal, Paul has already demonstrated his leadership qualities and his ability to seamlessly integrate emerging technologies with traditional financial frameworks. His strategic vision is geared towards leveraging Bitcoin and other cryptography technologies to revolutionize the financial landscape.

“I am thrilled to take on the role of CEO at Byte Federal, where I plan to focus on driving innovation and accessibility in the Bitcoin ecosystem,” said Paul Tarantino, incoming CEO. “Our mission to democratize access to cryptocurrency aligns perfectly with my vision of a more inclusive financial future. I am eager to lead our talented team as we develop transformative solutions that integrate Bitcoin technology across diverse sectors.”

Paul’s dedication to education and advocacy in the cryptocurrency space has earned him the nickname “Bitcoin Preacher” among his peers. His ability to articulate complex concepts in a clear and engaging manner will be invaluable as Byte Federal seeks to educate and empower more users in the world of digital finance.

“On behalf of the board and the entire Byte Federal team, we express our deepest gratitude to Lee for his enduring commitment,” said Mark Paolillo, Chairman of Byte Federal’s Board of Directors. “We are equally excited to welcome Paul as our new CEO. His visionary approach and deep industry knowledge are key to our future growth and success.”

As Byte Federal continues to grow, both Paul and Lee’s roles will be crucial in shaping the company’s strategic direction and ensuring its position at the forefront of the financial technology industry.

About Byte Federal

Byte Federal, Inc., is a Florida Corporation established in 2016 and headquartered in Venice, Florida. Byte Federal is a vertically integrated FinTech company controlling its entire software and hardware stack. Operating in the financial services space, the Company provides customers the ability to buy, sell, swap, self-custody and utilize their digital assets for everyday purchases as well as larger ticket items. The Company accomplishes this through an ever evolving multi-pronged approach. The current service offerings include a Bitcoin ATM Network operating in over 40+ states, a non-custodial wallet ByteWallet that empowers users with true ownership and control over their digital assets while integrating traditional banking features, and a payment gateway solution that enables businesses to accept digital asset payments online via a proprietary API integration and in-store via handheld terminals or tablets. The Company also franchises its operations in other jurisdictions such as Australia and Suriname with the intention to expand globally. Our mission is to make digital assets accessible and usable for everyone.

For more information about Byte Federal and its services, visit Byte Federal’s website.

For Media Inquiries:

Laurie Argall
CMO
Laurie@bytefederal.com

Michelle Weekley
Product Development
Michelle@bytefederal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/byte-federal-welcomes-new-ceo-to-lead-next-phase-of-innovation-and-growth-302226953.html

SOURCE Byte Federal

Related Topics:
Continue Reading

Technology

Melody Party Offers Over 20,000 Songs and Adds More Than a Thousand New Tracks Monthly, Enhancing Its Online Karaoke Experience

Published

40 minutes ago

on

October 27, 2026

By

SEOUL, South Korea, Oct. 27, 2026 /PRNewswire/ — Melody Party is a music social app featuring a variety of activities, including Mic Grab, Artist Mafia, and Singing Battle. Through its online karaoke feature, SING A SONG, the app brings the traditional karaoke experience online, removing time and location constraints and offering a music experience that combines real-time singing with social interaction.

SING A SONG features an extensive library of more than 20,000 songs, with over a thousand new songs added every month. Its diverse selection includes popular K-pop tracks, classic Korean songs, and karaoke favorites. The feature offers a free-use model, allowing users to start singing their chosen songs without paying a separate fee. This helps reduce the time and cost associated with visiting traditional coin-operated karaoke venues, making it easier to enjoy singing as part of everyday life.

In terms of functionality, SING A SONG supports pitch adjustment and independent volume controls for vocals and accompaniment, allowing users to customize their singing experience according to their preferences. Users can also create online karaoke rooms, invite friends to sing together in real time, and enjoy voice chat and social interaction.

By continuously expanding its song library and offering diverse music-based interactive experiences, Melody Party continues to strengthen its music ecosystem. Through SING A SONG, the platform aims to create an accessible, highly interactive online music social space.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/melody-party-offers-over-20-000-songs-and-adds-more-than-a-thousand-new-tracks-monthly-enhancing-its-online-karaoke-experience-302920097.html

SOURCE Melody Party

Continue Reading

Technology

Drawing new strength from 20-year legacy, IAACA calls on global counterparts to join annual conference to fortify integrity

Published

40 minutes ago

on

October 27, 2026

By

MARRAKECH, Morocco, Oct. 27, 2026 /PRNewswire/ — The International Association of Anti-Corruption Authorities (IAACA), an independent and non-political anti-corruption organisation with over 190 member anti-corruption authorities (ACAs) worldwide, will co-host IAACA Annual Conference 2026 in Marrakech, Morocco next month together with the Independent Commission Against Corruption of Hong Kong, China (ICAC) and the National Authority for Probity, Prevention and Fight Against Corruption of Morocco (INPPLC) to chart a path for the global graft fight and explore cutting-edge approaches to tackle emerging corruption challenges.

Themed “Building on 20 Years of Legacy: Drawing Strength from the Past, Guarding Global Integrity for the Future”, the international event will not only mark the 20th anniversary of the IAACA, but also provide a dynamic forum for IAACA members to exchange insights and enhance co-operation.

Calling on international counterparts to participate in the conference scheduled for November 25, IAACA President Mr Woo Ying-ming, who also serves as ICAC Commissioner, said that “As the IAACA marks its 20th anniversary, the conference will bring together global anti-corruption community at a pivotal moment for collective action. I anticipate that the valuable insights and new approaches generated through the international synergy will chart a resilient strategic path for us to navigate integrity risks and draw strength from our shared legacy to guard global integrity for generations to come.”

During the conference, renowned international experts from the United Nations Office on Drugs and Crime (UNODC), Basel Institute on Governance, the International Anti-Corruption Academy, and global anti-corruption and law enforcement agencies and institutions will shed light on harnessing artificial intelligence in the fight against corruption, safeguarding integrity within global climate and biodiversity frameworks and analysing global corruption measurement and systemic effectiveness.

Following the conference, the ICAC, the INPPLC, the IAACA and the UNODC will co-organise a training seminar on leveraging AI in combating corruption.

While the ICAC and INPPLC will share how AI and new technology can reshape the future of anti-graft enforcement and corruption prevention, the UNODC will provide a global perspective on using AI models in financial crime investigations and addressing the operational relevance, legal robustness and adaptability across jurisdictions.

For details of the conference and training, please visit:
https://www.icac.org.hk/icac/iaaca-morocco-2026/index.html

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/drawing-new-strength-from-20-year-legacy-iaaca-calls-on-global-counterparts-to-join-annual-conference-to-fortify-integrity-302920101.html

SOURCE International Association of Anti-Corruption Authorities (IAACA)

Continue Reading

Technology

Viettel moves 100 million subscribers to home-grown cloud-native charging in three months – with zero downtime

Published

40 minutes ago

on

October 27, 2026

By

HANOI, Vietnam, Oct. 27, 2026 /PRNewswire/ — Viettel High Technology Industries Corporation (Viettel High Tech), part of Viettel Group, has migrated more than 100 million subscribers and some 5,000 tariff plans at Viettel, Vietnam’s largest mobile operator, to vOCS 4.0, its in-house cloud-native charging system. The three-month cutover ran on a live national network with no service disruption.

Replacing a charging system is one of the riskiest projects an operator can undertake, which is why many stick with legacy platforms. Viettel High Tech reduced the risk through real-time data synchronization, parallel running and a phased cutover, with instant rollback at every stage.

The project won the Telecom Review Excellence Awards 2026 prize for Best Technology Deployment in Asia, a first for a Vietnamese company.

What it means for operators:

Scale: more than 300,000 transactions per second at latency below 5 milliseconds, across 2G–5G and fixed services on one platformLower cost: up to 50% less hardware investment than the previous generation, by sharing infrastructure with the networkAgility: new tariff plans in hours instead of days, new features three times faster and deployments about 30% fasterResilience: two active data centers about 2,000 km apart and automatic recovery in under two minutes

Viettel High Tech developed every core layer in-house, from a telecom-grade cloud-native platform and NFV-MANO orchestration to real-time charging, subscriber and balance management.

“Passing rigorous tests of real-time self-diagnosis and self-recovery is what allows an operator to keep its promise of 24/7 service to customers,” said Luu Manh Ha, CEO of Viettel Networks, which operates the system on Viettel’s network in Vietnam. “Above all, owning the charging system means an operator is not dependent on foreign vendors – it safeguards digital sovereignty and preserves business flexibility.”

“The charging system is where an operator’s business strategy turns into revenue in real time,” said Nguyen Minh Quang, CEO of Viettel High Tech. “We believe vOCS 4.0 is ready to help operators worldwide capture the value of 5G and digital services.”

In 2017, vOCS 4.0’s predecessor, vOCS 3.0, replaced a foreign vendor’s platform for 90 million Viettel subscribers. Across both generations, vOCS serves more than 220 million subscribers in 11 countries. Viettel High Tech now offers vOCS 4.0 to operators worldwide.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/viettel-moves-100-million-subscribers-to-home-grown-cloud-native-charging-in-three-months–with-zero-downtime-302920106.html

SOURCE Viettel Group

Continue Reading

Trending