XDC Network, Bitso Business tie up to support US-Mexico remittances
The XDC Network has joined forces with Bitso Business to establish a blockchain remittance corridor aimed at enhancing payment transactions between the US and Mexico.
The initiative is expected to utilise blockchain technology to facilitate 'near-instant payments'.
This collaboration integrates the XDC Network's ISO 20022-compatible blockchain infrastructure with Bitso Business' fiat conversion services in Latin America.
The remittance corridor is designed to offer a alternative to conventional payment methods in the region.
The partnership aims to offer low cost remittances, with transactions settling in mere seconds at 'minimal' fees, the company said.
It also supports multiple currencies, enabling swift USD to MXN conversions through Bitso's liquidity channels in Latin America.
The service is tailored for SMEs, fintechs, and institutions that require efficient payment solutions for international suppliers or payroll.
Conforming to ISO 20022-compliant messaging standards, the payment rail is compatible with existing banking systems and regulated entities, in line with XDC's objective to enhance adoption in emerging markets.
With over ten years of operational experience, Bitso's APIs and regulatory connections across Latin America expected to add 'interoperability' to the XDC Network.
XDC Network Ecosystem Development Amitava Mandal said: "This partnership with Bitso Business marks a major leap toward our mission of bridging traditional finance with blockchain efficiency. Together, we're delivering faster, fairer cross-border transfers that solve real-world challenges in global remittances and SME trade."
The XDC Network is an EVM-compatible blockchain focused on tokenising real-world assets, digitising trade finance, and providing infrastructure for cross-border settlements.
Bitso Business, meanwhile, offers services including Pay-ins and Payouts in Latin America, Cross-Border payments, as well as Trading and OTC services.
"XDC Network, Bitso Business tie up to support US-Mexico remittances " was originally created and published by Electronic Payments International, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
19 hours ago
- Business Upturn
Autonomous Driving Software Market to Reach USD 5.6 Billion by 2032, Driven by Connected Mobility and Safety Demands
Pune, June 28, 2025 (GLOBE NEWSWIRE) — Autonomous Driving Software Market Size Analysis: 'The SNS Insider report indicates Autonomous Driving Software Market size was valued at USD 1.8 billion in 2023 and is estimated to reach USD 5.58 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.58% during the forecast period 2024–2032.' In 2023, the U.S. market was valued at approximately USD 0.5 billion and is projected to reach USD 1.55 billion by 2032, growing at a CAGR of around 13.47% from 2024 to 2032. Growth is driven by strong R&D investments, regulatory support for AV testing, and rapid advancements in AI and sensor technologies. Get a Sample Report of Autonomous Driving Software Market@ Major Players Analysis Listed in this Report are: Aptiv (Aptiv Autonomous Driving Platform, Smart Vehicle Architecture) Aurora Innovation Inc. (Aurora Driver, Aurora Horizon) Baidu, Inc. (Apollo Autonomous Driving Platform, Apollo Go Robotaxi) Continental AG (ContiConnect, Continental Autonomous Driving System) Huawei Technologies Co., Ltd. (Huawei Autonomous Driving Platform, HiCar) Mobileye (EyeQ5, Mobileye Roadbook) Nvidia Corporation (NVIDIA Drive Platform, NVIDIA DRIVE Sim) (PonyPilot, PonyOS) Qualcomm Technologies, Inc. (Qualcomm Autonomous Driving Platform, Snapdragon Ride) Robert Bosch GmbH (Bosch Autonomous Driving Solutions, Bosch ADAS Radar) Waymo (Waymo Driver, Waymo One) Uber ATG (Uber Advanced Technologies Group, Uber ATG Self-Driving System) Tesla, Inc. (Full Self-Driving (FSD), Autopilot) Apple Inc. (Apple Car Project, Apple Autonomous Driving Platform) Zoox (Zoox Autonomous Vehicle, Zoox Self-Driving System) Velodyne Lidar (Velodyne Alpha Puck, Velodyne VLS-128 Lidar) Autoliv (Autoliv Autonomous Driving Safety, Autoliv Vision System) LeddarTech (LeddarPixell, LeddarVision) Daimler AG (Mercedes-Benz Autonomous Driving System, Drive Pilot) Autonomous Driving Software Market Report Scope: Report Attributes Details Market Size in 2023 US$ 1.78 Billion Market Size by 2032 US$ 5.58 Billion CAGR CAGR of 13.58% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Segments • By Level of Autonomy (L1, L2, L3, L4 & L5) • By Propulsion (ICE, Electric Vehicles) • By Vehicle Type (Passenger Vehicles, Commercial Vehicles) • By Software Type (Perception & Planning Software, Chauffeur Software, Interior Sensing Software, Supervision/Monitoring Software) Key Growth Drivers Rising Consumer Demand for Safer and More Efficient Transportation Drives Autonomous Vehicle Software Growth Do you have any specific queries or need any customization research on Autonomous Driving Software Market, Make an Enquiry Now@ By Level of Autonomy: L2 Leads, L4 & L5 to Surge with Advanced AI Integration The L2 segment dominated the market in 2023 and accounted for 42% of revenue share, owing to the maturity of L2 automation and its widespread adoption in modern vehicles. L2 is the semi-autonomous driving class and the de facto mainstream spec provided across the OEM landscape, with functionalities like adaptive cruise control and lane-keeping assistance. The L4 & L5 segment is anticipated to grow at the fastest pace, with companies such as Waymo, Cruise, and Baidu already testing fully autonomous prototypes within just a few years of rapid AI development. These levels allow for complete vehicle autonomy, with L5 having no human intervention at all. When regulations are adapted to changing landscapes and infrastructure is upgraded to meet the needs of full autonomy, L4 and L5 will experience exponential growth. By Propulsion: ICE Vehicles Dominate While EV Segment Accelerates Fastest Growth Internal combustion engine (ICE) vehicles dominated the market in 2023 and accounted for 64% of revenue share, due in part to its high US installed base and ongoing improvements in semi-autonomous functionality. As OEMs take their first steps toward electrification, they need to maintain a fingerhold in the old ICE world relative to the competition and must therefore integrate the autonomous functionality into these legacy platforms. Moreover, the ICE vehicle infrastructure is still strong all over the world, but especially in developing economies where people are expected to resist the switch to EVs, which means there's still demand. Electric vehicles (EVs) are expected to witness the fastest CAGR during the forecast period, attributed to their compatibility with autonomous driving systems. EV architectures provide for easier integration of SD features and driving algorithms with the help of greater efficiency and energy consumption. EV platforms have also been turned into testbeds for autonomous automakers. With new breakthroughs in battery range technology and a growing smart charging infrastructure, the convergence of EV and Autonomous technology will usher in the next frontier of mobility. By Vehicle Type: Passenger Vehicles Lead While Commercial Vehicles Set to Grow Rapidly Passenger vehicles dominated the market in 2023 and accounted for 72% of revenue share due to increasing consumer adoption of driver-assistance systems and safety. With the market for new buyer-acquisition sources getting tighter, automakers are pouring serious dollars into dozens of advanced autonomous software making it into sedans and SUVs with the goal of keeping the customer happy while not splitting their head open on the dashboard, and to differentiate in a split automotive market. The trend regarding software-defined vehicles is primarily driven by consumers Commercial vehicles, however, are projected to grow at the fastest rate due to increasing demand for automated logistics, last-mile delivery, and long-haul freight efficiency. Commercial vehicles will witness the fastest growth. The advantages of autonomous driving trucks, vans, and delivery robots will be the reduction of labor costs, the optimized fleet utilization, and the benefit of speed throughput. Driven by the need for operational scalability, the commercial vehicle segment will witness strong software consolidation. By Software Type: Perception & Planning Leads, Interior Sensing Grows Fastest with Cabin Intelligence Perception & planning software dominated the market in 2023 and accounted for 43% of revenue share, as it serves as the bedrock of autonomous driving systems by providing real-time environmental awareness and trajectory planning capabilities. Such modules fuse input from LiDAR, radar, and cameras they enabling real-time decisions and are therefore critical to anything above the lowest levels of vehicle autonomy. Interior sensing software is expected to grow at the fastest CAGR because of increasing regulatory requirements for driver monitoring, drowsiness detection, and in-cabin safety features. With the transformation of the vehicle cabin into an intelligent, responsive environment, vehicle personalisation and passenger privacy will drive software add-on demand, claimed the report. Buy an Enterprise-User PDF of Autonomous Driving Software Market Analysis & Outlook 2024-2032@ By Region: North America Leads, Asia-Pacific Emerges as Fastest Growing Market North America dominated the autonomous driving software market in 2023 and accounted for 39% of revenue share, due to increased output on the part of automotive OEMs, R&D investments, and regulatory frameworks. With many pilot programs, AV tests infrastructure, and of course, AI innovation centers going on, the U.S., in particular, takes the lead. Asia-Pacific is projected to grow at the highest CAGR during 2024–2032, driven primarily by China, Japan and South Korea. Rising Urbanization, Investments in Smart Mobility, and Government-backed Autonomous Initiatives are Accelerating Regional Adoption. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
19 hours ago
- Business Upturn
Itaconic Acid Market Surges to USD 166.67 Million by 2032, Driven by Demand for Biodegradable Polymers and Bio-Based Chemicals
Austin, June 28, 2025 (GLOBE NEWSWIRE) — The Itaconic Acid Market Size was valued at USD 110.33 million in 2024 and is expected to reach USD 166.67 million by 2032, growing at a CAGR of 5.29% over the forecast period of 2025-2032. Rising Demand for Sustainable Solutions Spurs Growth in Bio-Based Chemicals with Expanding Applications Across Key Industrial and Consumer Sectors The demand for itaconic acid is increasing due to its growing applications in biodegradable polymers, coatings, and specialty chemicals. Recognized by the U.S. DOE as a top sustainable building block, it drives green manufacturing investments. The American Chemical Society highlights advancements in cosmetics and pharma uses, while firms like Itaconix are expanding production to meet demand. Increased consumer focus on sustainability and supportive regulations in the U.S. and Europe are further accelerating global market growth for itaconic acid. Download PDF Sample of Itaconic Acid Market @ The U.S. Itaconic Acid market is valued at USD 19.75 million in 2024 and is expected to reach USD 33.61 million by 2032 and grow at a CAGR of 6.87% over the forecast period of 2025-2032. The U.S. Itaconic Acid market is witnessing steady growth driven by increasing demand for sustainable and bio-based products in personal care, agriculture, and polymers. Supportive government policies, including backing from the U.S. Department of Energy, and innovations by companies like Itaconix Corporation are enhancing production capabilities. Rising consumer preference for eco-friendly materials further propels market expansion across diverse industrial applications. Key Players: Itaconix Alpha Chemika Thermo Fisher Scientific TCI Chemicals Qingdao Langyatai NIPPON SHOKUBAI Jinan Huaming Biochemistry Ronas Chemicals Zhejiang Guoguang Biochemistry Green Chemicals Itaconic Acid Market Report Scope: Report Attributes Details Market Size in 2024 USD 110.33 Million Market Size by 2032 USD 166.67 Million CAGR CAGR of 5.29% From 2025 to 2032 Base Year 2024 Forecast Period 2025-2032 Historical Data 2021-2023 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Drivers • Rising Demand for Bio-Based Chemicals Drives the Market Growth. If You Need Any Customization on Itaconic Acid Market Report, Inquire Now @ By Derivative, the Styrene Butadiene Itaconic Acid dominated the Itaconic Acid Market in 2024 with a 42% Market Share. The dominance is due to its widespread use in producing high-performance rubbers and latexes with excellent elasticity and durability. Its application in automotive tires, adhesives, and coatings is expanding, driven by environmental benefits and compatibility with sustainable processes. Companies like Synthomer and Itaconix have significantly invested in this derivative to meet rising demand across North America and Asia Pacific, further reinforcing its strategic role in aligning with global green manufacturing trends. By Application, Superabsorbent Polymers dominated the Itaconic Acid Market in 2024 with a 34% Market Share. The dominance is due to their essential role in hygiene products like diapers and adult incontinence solutions, offering exceptional absorption and skin-friendliness. Itaconic acid-based SAPs are gaining traction for their biodegradability and eco-safe properties. Firms like Nippon Shokubai have launched advanced SAP technologies using itaconic derivatives. Growing demand from the personal care industry, especially in developing regions, continues to drive strong growth in this segment with increasing innovation and product development. By Region, Asia Pacific dominated the Itaconic Acid Market in 2024, Holding a 42.56% Market Share. The dominance is due to rapid industrialization, growing personal care sectors, and strong government support for green technologies in countries like China, India, and Japan. China's 14th Five-Year Plan promotes sustainable chemical manufacturing, boosting bio-based production. Rising consumer demand for eco-friendly products in beauty and healthcare also contributes to market growth. Regional manufacturers are expanding capacities to meet increasing demand, both locally and globally, reinforcing the region's leadership in the itaconic acid market. Recent Developments • In August 2024, Nippon Shokubai announced plans to expand superabsorbent polymer capacity by 50,000 t/y at its Indonesian subsidiary, aiming for mechanical completion in January 2027 and commercial operation in July 2027 • In April 2024, Itaconix introduced two new performance ingredients, Itaconix TSI 422 (advanced scale inhibitor) and Itaconix ONZ 405 (dry-form odor neutralizer), with the first commercial use of ONZ 405 slated for Q1 2025. Buy Full Research Report on Itaconic Acid Market 2025-2032 @ About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Time Business News
20 hours ago
- Time Business News
Construction Worker Resume: Tips, Examples & Skills for Success
Crafting a standout construction worker resume is vital to succeed in today's highly competitive job market. Whether you're applying as a laborer, foreman, or skilled tradesman, your resume must clearly highlight your construction skills, certifications, and hands-on experience to impress hiring managers. In this complete guide, we'll walk you through everything you need to create a powerful, professional, and job-winning resume for construction worker roles. Your resume is more than a summary—it's your professional brand. A well-structured construction skills resume shows that you're dependable, skilled, and ready for the job. 🔩 Physical strength and stamina 🧰 Experience with tools and machinery ⚠️ Safety-conscious mindset 🤝 Teamwork and reliability 🏗️ Proven job-site experience Here's a sample template to model your resume after: John Mason 📍 Dallas, TX | 📞 (123) 456-7890 | 📧 Experienced and safety-conscious construction worker with 7+ years of success in commercial and residential projects. Proficient in framing, demolition, and OSHA safety standards. Blueprint Reading Carpentry & Framing Heavy Equipment Operation Concrete Mixing Site Cleanup Power Tools OSHA Compliance Construction Laborer ABC Constructions, Dallas, TX March 2019 – Present Operated skid steers and forklifts on active job sites Built frameworks and handled materials Poured and leveled concrete for sidewalks and basements High School Diploma Houston Tech School – 2015 OSHA 10-Hour Safety Certification Forklift Operator License A professional, clean layout will help you pass ATS filters and appeal to human recruiters. Font : Arial or Calibri, 10–12 pt : Arial or Calibri, 10–12 pt Margins : 1 inch on all sides : 1 inch on all sides Length : Keep it 1 page unless highly experienced : Keep it 1 page unless highly experienced File Format : Save as PDF unless told otherwise : Save as PDF unless told otherwise Style: Use bullet points and bolded headings Include a mix of hands-on technical skills and interpersonal abilities to strengthen your resume. Roofing & Masonry Drywall Installation Electrical Support Heavy Machinery Framing & Finishing Blueprint Reading Team Collaboration Time Management Problem-Solving Communication Attention to Detail 💡 Tip: Naturally insert terms like 'construction skills resume' to boost your visibility in searches. Your resume summary is your elevator pitch—make it strong and concise. Experienced construction professional with more than five years working on residential building sites. Skilled in carpentry, concrete work, and blueprint interpretation. Committed to OSHA-compliant practices and safety-first construction environments.' List roles from most recent to oldest. Focus on accomplishments, not just duties. Installed Coordinated Constructed Repaired Managed Operated Managed team on framing of 15+ residential units, reducing project turnaround by 20% through optimized workflow. Even without a college degree, your training and certifications matter in construction. High School Diploma or GED Vocational or Trade School Training (if applicable) OSHA Safety Training (10 or 30-Hour) Forklift Certification Welding License Scaffolding Safety Certificate ✅ Tip: List expiration dates or renewal years where relevant. Most employers use an Applicant Tracking System (ATS) to filter resumes. Here's how to pass: Match keywords from job descriptions (like 'construction labor resume') from job descriptions (like 'construction labor resume') Avoid graphics or tables that ATS can't read Use standard section headers Save in PDF format for clean reading Avoid these pitfalls that can get your resume rejected: 🚫 Using the same resume for every job🚫 Failing to tailor your skills to match the job requirements🚫 Including outdated or unrelated experience🚫 Typos and inconsistent formatting 🚫 Adding photos, age, or unnecessary personal info Answer: Carpentry, concrete pouring, blueprint reading, safety compliance (OSHA), and teamwork. Yes! Soft skills like problem-solving and communication are highly valued in team-based construction environments. ❓What is the recommended length for a resume? One page is typically enough for most applicants. However, if you have over 10 years of varied experience, extending to two pages is acceptable. Definitely! Tools like MyResumeStar simplify formatting and ensure ATS-friendliness. ❓What file format is ideal for your resume? PDF is typically the most reliable format, unless the employer requests a different one. Creating a thoughtful and detailed construction worker resume that showcases your strengths and dedication can significantly boost your job prospects. Incorporate relevant keywords such as 'construction labor resume' and 'construction skills resume' to enhance visibility in applicant tracking systems. Always tailor your resume to align with the specific role you're pursuing. Remember, your resume is more than just a document—it's a powerful tool to demonstrate your value and start building a strong career in construction. TIME BUSINESS NEWS
