German electrical engineering company Siemens is no longer a sponsor of the Bayern Munich soccer club after the previous contract expired at the end of June this year, the company confirmed today.

“Since the start of the association in 2017, Siemens has repositioned itself and has readjusted its corporate strategy, which also affects our sponsorship activities,” the company said in a statement.

“In the future, we will focus our partnerships even more strongly on new products, our digital portfolio and sustainable technologies to best support our corporate strategy”, the text adds.

Bayern is the record champion of the German Bundesliga and has accumulated 11 consecutive titles in recent years.

K. Tovar

Source: MarketScreener

(Reference image source: Saurav Rastogi, Unsplash)

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La entrada Siemens drops sponsor of Bayern Munich apareció primero en Bitfinance.

The Venezuelan government, according to the Bloomberg news agency, would be in talks with the giant Siemens Energy to take charge of the recovery of power plants in the South American country.

According to what was reported in this medium, the United States would have granted Siemens the pertinent licenses to work jointly with PDVSA, the state oil company, and Corpoelec, the company in charge of the national electricity sector.

It is known that the situation of the electrical system in Venezuela has been going through critical moments, characterized by blackouts and prolonged effects throughout the territory. The main reason is the inadequacy of the stations, as well as the lack of maintenance and investment.

According to Bloomberg, Siemens Energy would have signed contracts with Venezuelan government authorities to work on gas and diesel generation facilities, mainly responsible for providing service to Caracas, the capital.

Information has been leaked about the investment in this negotiation with the German company, which would be in the order of 1,500 million dollars, for the recovery of 9 thousand megawatts of production by the year 2025.

M.Pino

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With information from national and international media

La entrada Siemens would work on reconstruction of power plants in Venezuela apareció primero en Bitfinance.

Blockchain technology continues to gain ground in the financial market. Siemens and JPMorgan Chase have entered into an agreement that will allow them to jointly develop a blockchain-based system for business-to-business payments and digital accounting.

The platform will aim, in principle, to automatically transfer money between Siemens’ own accounts, although initially they will only carry out transactions in dollars, estimating that during 2022 transactions in euros can be implemented.

For the Siemens group, the application will be aimed at executing, mainly, those actions necessary for the records and verifications of payments, reducing the work of the human factor that also delays the process in this type of operations.

For its part, JPMorgan will use its own Onyx blockchain as infrastructure, which was launched in 2020 as a network aimed at the exchange of value, information and digital assets, using next generation payment rails that induce the transfer of Courage at the right times.

In addition, the financial company is offering its JPM Coin system, which facilitates cash transactions 24 hours a day, using the company’s network, which has become the most attractive model for Siemens due to its operability, making the German group on the first anchor client of the Onyx network.

The system is in the process of development and the date of its launch is unknown, however, some sources consider that by the first quarter of 2022 it could be operational. With this synergy, it is demonstrated how the main companies in the world seek solutions based on blokchain technology.

M. Rodríguez

With information from specialized media in technology

La entrada Siemens and JPMorgan to launch blockchain payments system apareció primero en Bitfinance.