Search results for PSM
Crypto
Polkadot launches OpenGov-based USDT-collateral stablecoin dotUSD
Polkadot has launched dotUSD, a stablecoin governed through OpenGov by holders of its native token DOT. The token starts with a structure in which it is minted by depositing USDT on a 1-to-1 basis, with DOT-collateralised lending-based issuance planned as a next step. Polkadot said dotUSD has no issuer and initially relies entirely on USDT reserves. Minting and redemption use an on-chain Peg Stability Module.
AI & Enterprise
Korea AI Association holds National Assembly meeting on media-AI cooperation model in AI agent era
The Korea Artificial Intelligence Association and offices of lawmakers Song Ki-heon, Hwang Hee and Lee Yeon-hee held a meeting on July 22 to examine how the spread of AI agents affects news distribution and the formation of public opinion, and to seek a sustainable media-AI cooperation model. Participants discussed systems for news data access, control and compensation and a joint response framework among the media, the AI industry and the National Assembly.
Industry
Hanwha Power Systems and PSM integrate and launch as Hanwha Power
Hanwha Power Systems, a subsidiary of Hanwha Impact, and U.S. gas turbine services company PSM will integrate their brands and change their name to Hanwha Power, the company said on Tuesday. The aim is to move beyond a structure focused on supplying individual facilities and become a solutions company covering the broader energy infrastructure. Hanwha Power plans to build an integrated energy infrastructure solution system centered on gas turbines and compressors and to integrate global bases across North America, Europe, the Middle East and Asia.