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Bonanza Goldfields Corp. (symbol: BONZ) is a Nevada-based holding company that has established itself as a leader in the media distribution business through its innovative use of blockchain and NFT technologies. The company, now known as Marvion Inc., focuses on providing authentication, valuation, and certification (AVC) services, as well as sale and purchase, hire purchase, financing, custody, security, and exhibition (CSE) services for movie and music media. By leveraging blockchain technology, Marvion has developed Digital Ownership Tokens (DOTs) to facilitate digital ownership and engagement.
Marvion, headquartered in Singapore, is among the pioneers in the Metaverse Blockchain space, driving the world's transition into Web 3.0. With a strategic focus on creating a metaverse ecosystem for the media and entertainment industry, the company is redefining digital interaction through cutting-edge blockchain solutions.
One of Marvion's most notable recent projects is the collaboration with the Chinese University of Hong Kong (CUHK) on the Central Park metaverse project. This groundbreaking initiative aims to create an immersive virtual environment that promotes sustainable practices and knowledge. Marvion's expertise in blockchain technology is integral to the project's success, combining innovative solutions with CUHK's academic insights in business sustainability.
Financially, Marvion has shown significant growth. The company reported a fivefold increase in revenue to US$5,557,710 for the first six months of 2023 compared to the same period in 2022. This growth underscores the effectiveness of Marvion's strategic initiatives and its ability to capitalize on emerging opportunities within the digital asset and blockchain industry. The company's gross profit also surged 17 times, reaching US$4,142,967 in the first half of 2023.
Looking ahead, Marvion is making strides in integrating artificial intelligence with blockchain technology to enhance its Digital Ownership Tokens (DOTs). The company recently unveiled its Artificial Intelligence Blockchain Framework (AIBF), which aims to improve transaction efficiency, scalability, and security. This innovative approach will further solidify Marvion's position as a leader in the blockchain space, ensuring that its solutions remain at the forefront of technological advancements.
Marvion is also exploring applications beyond media and entertainment. In a recent initiative, the company partnered with a prominent Halal certification provider in the UAE to develop a blockchain-based Halal certification system. This project aims to enhance transparency, efficiency, and security in the certification process, demonstrating the versatility and scalability of Marvion's blockchain technology.
As Marvion continues to evolve and expand its offerings, it remains committed to providing innovative solutions that drive growth and foster trust across various industries. For more information about Marvion Inc. and its transformative blockchain solutions, visit www.marvion.media.
Marvion Inc. (OTC: MVNC) announced that its subsidiary United Warehouse Management has signed an agreement with Star Warehouse Engineering to construct a new warehouse facility. The facility will feature two floors totaling 36,000 square feet and will be equipped with modern automated systems and AI technology. Construction is scheduled to begin in Q4 2024 with completion expected by end of Q2 2025. The warehouse will enhance MVNC's storage capabilities and support partnerships with FedEx and SF Express. The facility will incorporate energy-efficient features and aims to optimize logistics operations while promoting sustainable business practices.
Marvion Inc. (OTC: MVNC) reported strong Q3 2024 financial results, with revenue reaching $1,019,593 and gross profit of $502,341 for the first nine months of 2024, representing year-over-year increases of 150% and 123% respectively. The company successfully integrated United Warehouse and KSK Logistics, enhancing its one-stop logistics services. Additionally, Marvion announced the construction of a new 36,000-square-foot warehouse facility in Hong Kong, scheduled for completion in Q1 2025.
Marvion Inc. (OTC: MVNC) is expanding its business operations, building on its profitable logistics and warehousing services. The company's logistics arm, KSK Logistics, focuses on last-mile distribution in Hong Kong, benefiting from growing consumer spending and e-commerce trends. United Warehouse, their storage services division, operates a 140,000 sq ft facility in Yuen Long, including a 24,000 sq ft cold storage and a 38,600 sq ft regular warehouse. Plans are underway to add an 18,000 sq ft warehouse by September 2024.
CEO Chan Sze Yu announced plans to further expand warehouse capacity and explore B2B opportunities in logistics. The company is also considering developing a cross-border online furniture and household items e-commerce platform, leveraging Hong Kong's 2 million households and existing logistics infrastructure. This move aims to bridge the gap between Chinese furniture manufacturers and Hong Kong customers.
Marvion, a blockchain technology pioneer, has appointed Mr. Chan Sze Yu as its new CEO effective July 8, 2024. Mr. Chan, aged 39, brings over 20 years of experience in the furniture and logistics sectors. He founded Ocean Transportation Development in 2017 and KSK Logistics in 2023. His previous CEO roles include Furniture Station and M2 Home. Chan aims to drive Marvion's growth by expanding into profitable business opportunities and enhancing shareholder value. He emphasized the need for market adoption of Marvion’s DOT platform and plans to unveil new business development strategies soon.
Marvion announced the delivery of the Artificial Intelligence Blockchain Framework (AIBF) to enhance its Digital Ownership Token (DOT) platform. The integration aims to resolve common blockchain issues by improving transaction efficiency, scalability, and security. The AIBF uses AI to identify the fastest nodes for data delivery, reducing costs and boosting efficiency. Enhanced security features include natural learning processing, image recognition, and real-time data transformation. This development is expected to improve the trustworthiness of DOTs across various industries.
Marvion, a blockchain technology innovator, has announced a partnership to introduce blockchain-based Halal certification in the UAE, leveraging its Digital Ownership Token (DOT) technology and AI modules. This initiative aims to revolutionize the $2.3 trillion Halal food market by enhancing transparency, efficiency, and security. The partnership marks the beginning of Marvion's broader plan to extend this technology beyond food to sectors like pharmaceuticals and cosmetics. According to Verified Market Reports, the Halal Food Certification Market is expected to grow from $2,339.3 billion in 2023 to $5,284.98 billion by 2030.
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