NBA Champion Tristan Thompson Partners With World Mobile To Launch Community-Owned Mobile Network

by THEFUTURE.TEAM

October 31, 2025

NBA champion Tristan Thompson has unveiled a pioneering partnership with global telecom leader World Mobile to launch Uplift, a community-owned mobile network. Announced at TechCrunch Disrupt 2025, this venture is set to redefine how connectivity is delivered by leveraging decentralized technology and community engagement, challenging the entrenched centralized model of the $2 trillion telecom industry.

Innovative Technology And Community Empowerment

Uplift is founded on a robust blend of blockchain technology and a decentralized physical infrastructure network (DePIN), offering unlimited data plans starting at $9.99 per month. Every subscription fuels neighborhood-level network expansion, and local “AirNode operators” earn a share of revenue by providing essential coverage. This innovative ecosystem ensures that the financial benefits of digital connectivity remain within the communities that generate them.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Leadership With A Vision For Social Impact

Beyond his celebrated basketball career with the Cleveland Cavaliers, Thompson has become a formidable advocate for technological innovation and economic inclusion. Holding multiple C-suite roles across the web3 and fintech sectors, including chief digital equity officer at World Mobile and chief advisory officer at AxonDAO, Thompson is committed to using his influence to create meaningful social change. His onstage declaration highlighted a personal mission to uplift underserved communities by making high-speed data both accessible and affordable.

Proven Scalability And Real-World Application

Uplift’s model has already demonstrated its potential in a pilot program in Reno, Nevada, where community hosts earned over $10,000 annually by extending network coverage to underserved areas. In a further testament to its reliability, Thompson’s team restored connectivity in North Carolina during a severe hurricane, outpacing competitors like Starlink by deploying rapid helicopter-assisted solutions.

Expanding Horizons

With initial rollouts slated for Cleveland, Ohio, and plans to expand to additional cities in 2026, Uplift responds to the urgent need for affordable, high-speed internet. More than 50 million Americans live at or near the poverty line, and this initiative is poised to narrow the digital divide while reinvesting value directly back into local neighborhoods.

The Future Forbes Realty Global Properties

Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

Breaking news