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ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix ™ analysis of Retail Forecasting and Replenishment (RF&R) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Retail Forecasting and Replenishment (RF&R) vendors in the form of its SPARK Matrix. It gives users strategic information to evaluate vendor capabilities, competitive differentiation, and market position. According to Avinash Singh, the Analyst at Quadrant Knowledge Solutions who researched ToolsGroup and its dynamic JustEnough retail solution, “ToolsGroup has been placed as the leader in the SPARK Matrix: Retail Forecasting and Replenishment owing to its comprehensive and innovative RF&R solutions, a compelling vision and roadmap, an extensive RF&R vendor ecosystem, year-on-year growth, and comprehensive product offerings with in-depth domain experience.” This announcement comes on the heels of other recent and exciting developments in the ToolsGroup ecosystem since its acquisition of JustEnough, with the company being named a leader in the SPARK Matrix for Inventory Optimization and bolstering its retail and supply chain solutions by acquiring Evo, a provider of responsive artificial intelligence solutions. According to Sahil Gupta, Chief Product Officer, “Our intense focus on marketplace trends, customer needs, and advancements in the use of AI have enabled us to enhance the already powerful JustEnough solution. By combining real-time planning and execution capabilities with AI, we are furthering our vision to help organizations navigate the supply chain with the ability to sense and respond to changes in customers’ needs in real time and automate the optimal distribution of inventory.” “ToolsGroup is thrilled to be recognized as the leader in retail forecasting and replenishment by QKS,” said ToolsGroup CEO, Inna Kuznetsova. “Our customer-centric focus keeps us at the vanguard of innovation and helps us provide the software advancements and next-generation AI our customers rely on to achieve real-world KPIs. We are dedicated to continuing these endeavors and delivering enhanced business performance to retail organizations worldwide.” Download the report and read more about ToolsGroup’s industry accolades HERE. About Quadrant Knowledge Solutions Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as the strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, visit: https://quadrant-solutions.com/market-research/ About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details MKPR Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Quadrant Knowledge Solutions Mr. Ajinkya Ingle +1 978-605-1066 ajinkya@quadrant-solutions.com Company Website https://www.toolsgroup.com

November 14, 2023 09:30 AM Eastern Standard Time

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One Of The Hottest Wall Street Trends In 2023 Has Been AI – Trust Stamp Is Leveraging AI To Ensure Security In The New Reality

Benzinga

By Faith Ashmore, Benzinga Wall Street has become increasingly focused on the potential of artificial intelligence (AI) and the role it can play in transforming business and the global economy. While some experts are concerned about the hype and fear that a bubble is forming around the technology, there is growing evidence that more and more companies are embracing AI to drive innovation and growth. Multiple research reports and studies have been released by investment research firms, highlighting the transformative potential of AI and its ability to boost worker productivity and contribute to GDP growth. Carlyle recently called the birth of generative AI a “watershed in human history,” and Wall Street seems quite bullish on the long-term prospects of AI. This is unsurprising considering that AI is becoming increasingly vital to businesses across a range of industries. Many firms are recognizing the need to incorporate AI into their operations and processes to remain competitive and meet the evolving demands of consumers. For example, companies are using AI to improve customer experience, enhance data analysis capabilities and streamline business operations. As AI technology continues to evolve, its role in driving innovation and growth in the business world is likely to become even more significant. Among companies leveraging AI, Trust Stamp (NASDAQ: IDAI) is one that stands out in its field – the company is looking to revolutionize digital security. Trust Stamp is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. Their biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. Trust Stamp has recently received a Notice of Allowance from the United States Patent and Trademark Office. This notice marks a significant milestone for Trust Stamp's AI-powered, tokenized identity products, which are leveraged in its global operations. It follows the announcement of three additional patent applications made by the company in April 2023. The new patent, titled “Systems and processes for lossy biometric representation," further bolsters the company's IP protection for its innovative biometric hashing technology, which is used for subject identity verification. The technology in the patent uses neural network processing and pseudorandom matrix multiplication to generate anonymized vector representations of biometrics that can be verified for identity authentication. The anonymized vector representations are "lossy," meaning that not all the information from the original biometric data is retained, thereby enhancing security when dealing with sensitive biometric data while still allowing for identity verification with a degree of certainty. Dr. Norman Poh, Trust Stamp’s Chief Science Officer, shared, “This latest Notice of Allowance marks an important win and significantly enhances the IP around our AI-based authentication technology. With over 30 patents now issued, allowed, or pending, over the last seven years our team has developed a highly defensible IP position that is now being productized across an ever-growing range of use cases. The IT² represents an evolution of biometric authentication that provides the subject with an exceptional level of security, while greatly enhancing the utility of the original biometric capture. These capabilities have clearly differentiated Trust Stamp in the market, and industry feedback has been extremely positive, resulting in a rapidly growing commercial sales pipeline.” Trust Stamp has integrated the innovative identity verification processes from this patent into its Irreversibly Transformed Identity Token (IT2) technology, a unique privacy-first solution. Using its AI-based IT2, Trust Stamp ensures the benefits of biometric-derived authentication while keeping control of and not sharing the original biometric data. The IT2 cannot be converted back to the original data, keeping the biometric templates secure and offering privacy-protecting methodology to enjoy biometric-based authentication advantages without the risk of storing biometric templates. This patent is a significant step forward for Trust Stamp in the AI-powered identity and trust services landscape. As the digital landscape continues to evolve, Trust Stamp's emphasis on privacy and data protection is aimed at ensuring that users’ personal information is safeguarded at all times. The ability to enhance security while maximizing the benefits of biometric data is a game-changer for financial institutions and companies dealing with sensitive data. Trust Stamp's products and services are set to play a significant role in shaping the future of finance and identity verification in the coming years. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 14, 2023 09:30 AM Eastern Standard Time

Mainz Biomed Partners With Liquid Biosciences in Exclusive Relationship To Harness The Power Of Artificial Intelligence (AI) To Develop Next-generation Colorectal Screening Test

Benzinga

By Faith Ashmore, Benzinga The integration of Artificial Intelligence (AI) in biotechnology is rapidly gaining momentum, revolutionizing the field of life sciences. AI technologies, such as machine learning and deep learning algorithms, have the potential to analyze complex biological data more efficiently and accurately than ever before. AI algorithms can analyze vast amounts of genomic, proteomic, and clinical data, leading to new insights and discoveries that were previously inaccessible. This integration of AI and biotech holds great promise for enhancing scientific understanding, improving healthcare outcomes, and ultimately transforming the way we approach biotechnological advancements. Mainz Biomed (NASDAQ: MYNZ), a company that specializes in developing molecular genetic diagnostic solutions for life-threatening conditions, has created ColoAlert®, an innovative product that addresses the need for easier and more accessible cancer screenings for quick detection and treatment of colorectal cancer. This non-invasive and user-friendly test aims to make colorectal cancer screening fast, simple and precise. The company has recently formed a partnership with Liquid Biosciences, aiming to leverage the capabilities of AI in developing an advanced colorectal screening test. Its partnership with Liquid Biosciences will help expand the company’s existing cutting-edge products. Recently, Mainz Biomed conducted a multi-center international clinical trial in Germany and Norway to evaluate the effectiveness of incorporating mRNA biomarkers into ColoAlert®, their leading product for colorectal cancer (CRC) screening. The study yielded impressive findings, demonstrating a high sensitivity of 94.4% and specificity of 97.5% for detecting CRC. Additionally, the screening test showed a sensitivity of 80% and specificity of 95.2% in detecting precursor lesions, including advanced adenomas that may develop into CRC. These results were nothing short of groundbreaking for the company. The partnership with Liquid Biosciences has the potential to move the needle forward more as Liquid Biosciences has a history of using AI to advance similar technologies. Liquid Biosciences has made a significant impact on the life sciences industry with its EMERGE bio-analytics platform. This platform has been utilized in more than 240 projects for prominent pharmaceutical companies and emerging therapeutic and diagnostic firms. It plays a crucial role in various areas such as biomarker discovery, clinical trial screening, and post-FDA approval services including patient treatment selection and optimal dosing regimens. “As artificial intelligence continues to disrupt every aspect of the healthcare sector, we are excited to establish a robust partnership with a genuine leader in the field as we head into the final development stage of our next-generation CRC screening test,” commented Guido Baechler, Chief Executive Officer of Mainz Biomed. “We look forward to continuing our highly productive partnership with the Liquid Biosciences team as we execute on our mission to bring the most effective self-administered cancer detection products to the market.” Liquid Biosciences reports that what makes EMERGE truly stand out from other AI and machine learning solutions is its exceptional computational speed and ability to handle a vast amount of variables. It operates without making any assumptions or constraints, allowing for an unbiased and scalable approach. The platform's transparency and ability to generate algorithms from complex data without prior assumptions enable the identification of variables that may have low expression but hold functional significance due to the intricate interactions inherent in complex biological systems. “We are excited to extend our relationship with Mainz Biomed into a formal partnership as we take great pride in working with companies who represent disruptive innovation that will impact disease prevention and treatment,” shared Patrick Lilley, Chief Executive Officer of Liquid Biosciences. “The work Mainz Biomed is doing will be crucial to saving lives from a disease where mortality is driven by late detection. As such, we are very pleased to have the opportunity to play an integral role in helping it develop the next generation of its pioneering products.” This partnership with Liquid Biosciences comes after a string of previous partnerships with other industry leaders like Zöller-Kipper and Ärztliches Labor Dr. Buhlmann. Through the partnership between Mainz Biomed and German company, Zöller-Kipper, accessibility to ColoAlert® test has been greatly enhanced for both patients and healthcare providers. All of Zöller-Kipper’s over 2,500 employees can now easily request the test through Mainz Biomed's online portal and have it delivered to their doorstep. Once the sample is received and processed, the employee can access their confidential test results through the portal. The portal also provides an explanation of the results to ensure that the employee understands them and if the employee has given consent for their physician to be notified, the doctor can directly follow up with them based on the test results. With colorectal cancer being the third most prevalent form of cancer and a troubling trend of this cancer affecting more and more young people, the need for biotech companies to innovate detection and treatment could not be understated. Mainz Biomed’s commitment to pushing the boundaries of diagnostic technology, increasing accessibility, and its growth trajectory seems to be making it a force to be reckoned with in the industry, setting it apart from its competitors. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 14, 2023 09:25 AM Eastern Standard Time

CoverSelf lands $8.2m to drive healthcare claims and payment accuracy

CoverSelf

Helping to reduce claims inaccuracies and waste, CoverSelf, a unified platform for healthcare claims and payment integrity, is today announcing a $8.2m seed round as it successfully deploys platform in the ecosystem. The funding round was led by existing investors BEENEXT and 3one4 Capital with participation from new investor Z21 ventures and healthtech leaders. The fresh capital will be used to grow operations, build generative AI capabilities, and increase headcount in sales and marketing as the business scales. The exponential growth of costs in healthcare remains a hotly debated and ever-evolving problem around the world. Over $4.1 trillion is spent on healthcare every year in the US alone, with administrative spending accounting for approximately one-quarter of the total amount. Founded in 2021 by seasoned US healthcare domain experts Rajasekhar Maddireddy and Raghavendra Pawar, CoverSelf aims to democratize the healthcare claims and payment integrity industry by creating a first-of-its-kind fully-open and transparent solution that empowers payment integrity teams in health insurance companies (payers) to transparently resolve health claims with hospitals and medical practices (providers). “The current claims integrity systems are very complex, and the deployed technologies are antiquated. Significant software innovation is needed to address the broken system that is currently creating out-of-control healthcare costs and waste. The cobbled-together software solutions result in scattered data and the inability to make real-time business decisions. Administrative complexity costs billions annually, an open and collaborative platform can significantly reduce the repetitive administrative costs.” commented Rajasekhar Maddireddy, Founder of CoverSelf. Over the last 12 months, the company has piloted the platform and successfully proved the platform’s readiness and effectiveness. This has translated to two deployments for insurers where the platform processes 25 times more claims in the same time window than was done earlier. Also, the platform has identified significant savings even after other vendors process claims. CoverSelf is in advanced discussions with 2 of the top 15 plans to collaborate. The current pipeline includes five of the top 15. “One platform, one configuration, one team – our solution offers multiple points of integration and intervention for all pre and post-pay payment integrity, effectively reducing waste. CoverSelf empowers subject matter experts (SMEs) with a modern UX/UI that's super easy to work with and aids them by eliminating technical dependencies while maximizing efficiency, and fostering rapid innovation. Speed to release has shifted from weeks to mere hours, thanks to our collaborative approach and operational efficiency,” said Raghavendra Pawar. Traditional third-party payment integrity solution vendors exploit payment inaccuracies, which negatively impacts the provider’s experience and trust in payers and ends up ballooning waste and improper payments. With CoverSelf, payor payment integrity teams can reduce healthcare costs transparently and collaboratively with providers. “Having worked with several of the largest health plans in the US, I have seen first-hand the unmet needs and improvement potential in their claims and payment integrity processes. That is why I am very excited to work with CoverSelf, which is the most innovative PI solution that I have come across. I firmly believe that not only is the next-gen, cloud-native, built-from-scratch platform that CoverSelf has created unique in its capabilities, CoverSelf’s value proposition of empowering payer internal PI teams to take back control from 3rd party vendors is also very appealing – several ex-clients who have met with CoverSelf have told me that this is the most differentiated offering that they have seen to date”, said Ashish Singh, ex-Global Healthcare Practice Leader and 30 year partner with Bain & Company. CoverSelf’s purpose-built platform utilizes multiple approaches to reduce waste while identifying new savings opportunities. The platform empowers payers to adapt to claims and payment inaccuracies by enabling them to configure their policies and logic in simple English-like language or use simple policy-specific templates, overcoming the fear of losing IP and fostering innovation and new concept releases without technical dependencies. “CoverSelf is in the process of building pathbreaking features with GenAI. We aim to change how payment integrity is approached and executed with these cutting-edge features. Our vision remains steadfast--we want to empower payer PI teams and make them first-class citizens of payment integrity rather than have third-party vendors controlling it. Currently, GenAI is in stealth mode, and we are working with the stakeholders to add an outstanding and simplified user experience. With that said, we welcome our new investors and thank our existing backers for their continued confidence!” added Rajasekhar Maddireddy, Co-founder of CoverSelf. On leading the investment, Dirk Van Quaquebeke, Managing Partner, BEENEXT commented: “According to the Centers for Medicare and Medicaid (CMS), Americans spent $4.1 trillion on healthcare in 2020, of which an estimated $1.2 trillion can be attributed to some form of waste or abuse that leads to overcharges. CoverSelf’s vision to democratize the healthcare claims and payment integrity industry with their fully open and transparent solution built with a spirit of collaboration is truly inspirational.” Meanwhile, Sonal Saldanha, VP Investments at 3One4 Capital said: “By bringing the payment integrity solution in-house, CoverSelf shifts the control of payment integrity from traditional outside vendors to payers. As payers start using CoverSelf, they will progressively need fewer external payment integrity vendors. Ultimately, CoverSelf will be the only payment integrity platform anyone will ever need." About BEENEXT BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with their operational experience, network, trust, unique perspectives, and capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT is a platform of founders, by the founders and for the founders across the globe. Since its establishment in 2015, the team has invested in over 200 companies globally. For more information, please visit www.beenext.com About 3one4 Capital 3one4 Capital is an early-stage venture capital fund. The firm works in select market categories and in the intersection of adjacencies that are large, growing, and ready for unique products and services. The themes pursued are SaaS and Enterprise Automation, Direct-to-Consumer products and services, Digital Media, FinTech, and Deep Technology, with a focus on areas such as machine-driven actionable intelligence services for the enterprise, ambient intelligence technologies, health, edtech, logistics and distribution, and consumer products and services. Through a deep involvement strategy, the fund works with founding teams and subject-matter experts to prioritize and strategize for product-market fit, and then optimize for defensibility and growth in revenue and impact. With a focus on margins and on delivering uncompromised end-user experiences, the fund aims to reduce risk, detect new growth opportunities, and return rewarding outcomes to all the stakeholders involved Contact Details CoverSelf Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.coverself.com/

November 14, 2023 09:00 AM Eastern Standard Time

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Claravine AI Revolutionizes Marketing Metadata Management with New AI-Powered Solutions

Claravine

In an industry-first move, Claravine, The Data Standards Company, today launches Claravine AI, a suite of solutions designed to transform how marketing teams work. This innovative offering is set to redefine the landscape of marketing data management, empowering teams with unparalleled control and insight into their marketing taxonomy and metadata while collaborating across the content supply chain. Claravine AI is powered by the company's proprietary technology to automatically classify and understand content, regardless of its format or structure. As generative AI’s adoption continues to skyrocket, marketers are still figuring out how to implement or update current data strategies. According to a recent study by Claravine and Advertiser Perceptions: Two in five already use AI for ad creative development and another one in two are considering its use. Organizations acknowledge that properly tagging and tracking ad creative is increasingly complex and is critical to measuring and improving performance. Yet, today, only a minority (21%) feel very confident in their ability to keep track of and tag AI-generated creative assets. “Claravine AI isn’t just a tool; it’s a revolution for marketing teams,” said Verl Allen, CEO of Claravine. “With Claravine AI, organizations can automate the classification of the creative assets used for campaigns, enabling a much more precise, efficient, and scalable way for measuring campaign performance. This breakthrough not only enhances campaign measurement precision but also liberates teams to concentrate on strategic initiatives, tailoring assets to a variety of audiences.” Claravine AI doesn’t just organize data – it builds bridges across the content supply chain. By establishing a universal language for collaboration, it elevates the integrity and accuracy of marketing data, paving the way for smarter, data-driven decisions. The addition of Claravine AI to The Data Standards Cloud has resulted in the following new capabilities: Content Comprehension & Enrichment: Unlock the full potential of content across platforms such as Digital Asset Management systems, enriching and activating data for deeper analysis. Content Similarity Detection: Identify similar content from assets across the marketing ecosystem, simplifying workflows and establishing a consistent framework for marketing taxonomy and metadata application. Content & Creative Classification and Livestreaming API: Enhance editorial decisions, yield management or even determine brand safety in real-time, delivered through a flexible API. Claravine's innovation hasn't gone unnoticed. For the second year in a row, the company was included on AdExchanger’s Programmatic Power Players list, as well as awarded the 2022 AdExchanger Award for Best Data Technology. Claravine was also included in the 2022 Gartner® Cool Vendors™ in Marketing Data & Analytics Report. Don’t just adapt to the future; shape it with Claravine AI. Transform your marketing data management and creative processes today, visit www.claravine.com/ai. About Claravine Claravine is The Data Standards Company aiming to give people, teams and technology a shared understanding of their data. Claravine helps brands and agencies deliver on the promise of modern marketing by standardizing taxonomies, naming conventions, and metadata across all digital experiences at the source of data creation, supercharged by AI. The Data Standards Cloud empowers a proactive approach to marketing metadata naming conventions and taxonomy for fast, accurate, and rich business insights that help deliver the experiences customers want. Claravine partners with a quarter of the Fortune 100 to define, apply, and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. Contact Details Kite Hill PR Michael Kocher +1 704-960-2295 michael@kitehillpr.com Company Website https://www.claravine.com/

November 14, 2023 09:00 AM Eastern Standard Time

JustiFi and Sezzle Announce Partnership: Bringing Buy Now, Pay Later to SaaS Platforms

JustiFi

JustiFi, the fintech platform for platforms and Sezzle Inc. (NASDAQ: SEZL, ASX:SZL), a prominent Buy Now, Pay Later leader, today announced a groundbreaking partnership. Buy Now, Pay Later (BNPL) is a short-term financing option enabling consumers to make interest-free purchases over time. This collaboration revolutionizes the fintech industry, bringing seamless BNPL services to JustiFi platform partners, including hundreds of SaaS platforms, thousands of merchants, and millions of end users for the very first time. This innovative approach to financing not only simplifies the purchasing process for consumers but also opens up new opportunities for businesses, enabling them to reach a wider customer base and enhance overall customer satisfaction. Imagine this scenario, a parent is registering their child for youth hockey, but instead of paying that hefty $500 registration fee upfront, they now have the option of four interest-free payments over a six-week period. With just a click of a button during their normal registration checkout process, they can access the benefits of BNPL while avoiding the need for additional apps or loan approvals. “It is our mission to accelerate potential – whether that’s the fintech potential of our platform partners or the financial potential of their merchants and end users. This collaboration with Sezzle will bring immense value to our clients and their customers,” said Joe Keeley, JustiFi co-Founder and CEO. Benefits to Customers Platforms: This partnership enables platforms to monetize Buy Now, Pay Later services, while simultaneously offering their merchants a seamless checkout experience with fewer risks. Merchants: Merchants benefit from boosted sales due to higher cart conversion while Sezzle absorbs all the risk including: fraud, chargebacks, and repayment. End Users: Consumers benefit from expanded purchasing power and financial convenience. This inclusive solution also caters to underbanked individuals who may lack access to similar financial services. “Sezzle is dedicated to revolutionizing the way people pay and we are excited to partner with JustiFi, because it allows us to extend our reach and enable additional platforms to offer our flexible payment options,” said Charlie Youakim, CEO of Sezzle. “Merchants on JustiFi’s partner platforms will be eligible for pre-approval by Sezzle, accelerating activation and reaching millions of new customers. Together, we are shaping the future of online payments and fintech." By providing cutting-edge BNPL solutions to SaaS platforms, JustiFi and Sezzle are reshaping the future of online payments. This collaboration underscores their commitment to enhancing the financial experience for their clients and end users, propelling the industry forward into a new era of convenience and accessibility. About JustiFi: https://justifi.tech/ JustiFi, the fintech platform for platforms, enables software companies to monetize white-label fintech products like embedded payments, Buy Now, Pay Later, lending, and insurance faster than ever before. As a registered payment facilitator, JustiFi provides world-class customer support and helps platforms deliver seamless fintech experiences to their end users. About Sezzle Inc. https://sezzle.com/ Sezzle is a fintech company on a mission to financially empower the next generation. Sezzle’s payment platform increases the purchasing power for millions of consumers by offering a suite of financing solutions at online stores and in-store locations. When consumers apply, approval decisions are instant, and their credit scores are not impacted, unless the consumer elects to opt-in to a credit building feature, called Sezzle Up. Contact Details JustiFi Cory Ploessl +1 612-281-8966 cory.ploessl@justifi.tech Sezzle Erin Foran +1 651-403-2184 erin.foran@sezzle.com Company Website https://justifi.tech/

November 14, 2023 08:00 AM Eastern Standard Time

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Ondo InsurTech lands contract with top US insurer Nationwide to provide LeakBot to US customers

Ondo InsurTech PLC

Ondo InsurTech PLC CEO Craig Foster joined Proactive's Stephen Gunnion with news of a new partnership with Fortune 100 US insurance company Nationwide to provide Ondo's LeakBot to its US customers as part of its Smart Home Program. Foster explained that Columbus, Ohio-based Nationwide is one of the largest insurance and financial services organizations in the US with 2.5 million homeowners insurance customers. Nationwide has led innovation in the US with its Smart Home Program – a new innovative way for homeowners insurance customers to keep their homes safe. Participants in the program receive a discount on their insurance premiums. The Program has been a success and is live in 34 states, distributing smart devices such as the Ting sensor to prevent household fires. Foster said Nationwide has now selected LeakBot as a water damage prevention system that can be offered within the program. The two companies have signed an ongoing Master Services Agreement, and have started work on the IT integration of LeakBot’s APIs into the Nationwide Smart Home platform. Nationwide and Ondo are now working towards the first state launch planned for early 2024. Following the successful execution of the first order, the intention is to expand this into other states in 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

November 14, 2023 06:47 AM Eastern Standard Time

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Tencent Cloud, Ledger and More Web3, Gaming & Investment Players Gather at the MultiversX Hub Seoul

STORM Partners

MultiversX, the leading layer-1 smart contract platform, known for its highly scalable, secure and robust infrastructure, has announced the Seoul Hub event scheduled for November 14, hosted by the nonce community location. Planned as an Upbit D Conference side event, the Hub will follow the extensive presence of the team at UDC, with MultiversX CEO Beniamin Mincu set to take the stage. The one-day event includes keynote sessions, technical presentations, panel discussions, workshops, a coding challenge, as well as networking opportunities and a party to conclude the day. Among the global experts attending the MultiversX Hub Seoul will be representatives from Tencent Cloud, Ledger, Pantera Ico Group, Presto Labs, Four Pillars, BIFROST and more. They will cover everything from gaming and NFTs, business, research, investment and beyond. MultiversX Hub is a new platform designed to spotlight the most relevant voices within the crypto, blockchain and tech spheres in strategic areas around the world and to connect them with exciting projects developing on MultiversX. In Seoul, participants will have the chance to connect with the team behind CyberpunkCity, an MMORPG currently in public alpha that combines immersive Metaverse experiences and creative tools of true digital ownership. On the DeFi side of the event, attendees can explore the industry-defining payment products from Pulsar Money, while NFT enthusiasts will get insights from XOXNO, the largest marketplace in the MultiversX ecosystem. The event will also host a developer-centric challenge to brainstorm, collaborate, innovate, and build using the MultiversX network. The team has prepared a series of workshops for developers to explore the MultiversX infrastructure, and encourage them to propose real-world solutions, pitch their ideas and win up to $2000 in prizes. " As the MultiversX protocol and ecosystem have matured and attracted significant interest from some of the largest tech companies in the world, including Google Cloud, Deutsche Telekom or AWS, we are in an exceptional position to provide a unique platform for advancing the discussion on the next evolution of blockchain and other emerging technologies. Seoul provides us with a great opportunity to kick-start the MultiversX Hub in one of the world's innovation centers, connect with some of the brightest minds in the industry in Asia, and expand our strong partner base, " said Beniamin Mincu, MultiversX CEO. The full event agenda, as well as a registration option, are available here: https://lu.ma/MultiversXHubSeoul About MultiversX A highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier. Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes - adrian.bono@storm.partners or telegram @STORMPartners Contact Details Media Contact Dan Voicu, Head of Communications dan.voicu@multiversx.com

November 13, 2023 03:29 PM Eastern Standard Time

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Is ChainGPT Pioneering the Bridge from Crypto to AI?

HTX

AI is Swallowing the world The AI landscape is currently ablaze with excitement and innovation, all thanks to the momentous updates revealed for ChatGPT during this week's conference. The event was not only marked by the highly anticipated launch of Elon Musk's Grok but also by the promise of a new era of breakthroughs in AI. This electrifying development has set the industry abuzz with enthusiasm and heightened expectations, as it paves the way for unprecedented progress and possibilities in the world of artificial intelligence. The updates to ChatGPT are nothing short of groundbreaking. They have taken a system that was already cutting-edge and pushed its capabilities to new heights. The improved ChatGPT demonstrates the continuous drive for excellence and innovation within the AI community. It promises more accurate responses, better understanding, and an enhanced ability to engage in natural language conversations. This not only fuels excitement but also raises expectations for how AI can be integrated into various aspects of our lives. Moreover, the launch of Elon Musk's Grok is a testament to the fact that influential figures are recognizing the transformative potential of AI. Grok's entry into the AI arena is highly anticipated, given Musk's track record of pushing technological boundaries. It's not just a new player in the game but a potential game-changer, bringing with it fresh perspectives and ideas. These developments set the stage for an exciting and promising future in AI. The industry is eagerly awaiting the potential breakthroughs that these innovations could bring, and rightfully so. As AI continues to heat up the industry, it's clear that we're on the brink of a new era of innovation, where the boundaries of what is possible continue to expand, and the potential applications of AI become even more limitless. The journey ahead is one of transformation, where the power of AI will reshape the way we live and work in ways we're only beginning to fathom. ChainGPT Is Designed for the Crypto World While ChatGPT has indeed been a pioneer in the realm of natural language understanding, the AI landscape is being invigorated by another significant player, known as ChainGPT. While these two technologies share certain commonalities, ChainGPT brings unique strengths and capabilities to the table, setting it apart as a game-changer in its own right. One of the standout features of ChainGPT is its adaptability and capacity for rapid, seamless updates. Unlike traditional AI models that might require lengthy development cycles to stay current, ChainGPT thrives on agility. It can swiftly and continuously absorb the latest information from the vast expanse of the internet. This dynamic ability ensures that ChainGPT remains on the cutting edge of knowledge, keeping pace with the ever-evolving landscape of technology and information. The significance of this real-time updating capability cannot be overstated. In a world where information changes at a breakneck pace, having an AI model that can adapt and provide the most recent insights and knowledge is a tremendous advantage. It's like having a knowledgeable expert at your fingertips, always armed with the latest information to address your inquiries This adaptability also allows ChainGPT to stay current in a variety of domains, making it an invaluable resource for professionals, researchers, and enthusiasts. Whether it's staying up to date with the latest developments in technology, science, or even pop culture, ChainGPT's ability to provide relevant and timely information is a powerful asset. Furthermore, this adaptability extends to the cryptocurrency space, where ChainGPT's specialized knowledge truly shines. In an industry where every second can make a significant difference, ChainGPT's real-time updates are a boon for crypto enthusiasts and traders. It can offer technical analysis (TA), provide market insights, and deliver up-to-the-minute pricing information for cryptocurrencies, giving professionals the edge they need to make informed decisions. In essence, ChainGPT's ability to adapt and stay current is revolutionizing the way we access and utilize information in an ever-changing world. It's not just an AI model; it's a dynamic, real-time knowledge source that's ready to provide you with the most current insights, no matter the subject, and particularly excelling in the world of cryptocurrencies. ChainGPT Can Merge Crypto and AI ChainGPT, with its unparalleled focus on cryptocurrencies, stands out in the AI landscape. In an era dominated by digital assets like Bitcoin and Ethereum, ChainGPT becomes an essential asset for those navigating the intricate world of crypto trading. Its proficiency in technical analysis (TA) is a standout feature, enabling meticulous scrutiny of price charts and historical data for informed decision-making in the volatile crypto market. Beyond TA, ChainGPT serves as a virtual oracle, distilling crucial information from news, social media, and market reports, empowering traders with timely insights. Its real-time pricing updates for various cryptocurrencies further reduce the risk associated with rapid market fluctuations. With specialized knowledge and real-time capabilities, ChainGPT becomes an indispensable tool for trading professionals, providing a substantial advantage in the competitive and dynamic cryptocurrency market. The convergence of AI and the cryptocurrency industry has the potential to revolutionize transactions, as seen in AI-driven solutions like ChainGPT. This integration not only transforms the financial landscape but also addresses privacy concerns. Traditionally, users relied on credit cards and shared personal information, risking data breaches. ChainGPT, with its deep crypto understanding, provides a secure means of transaction without sharing sensitive data. Users can leverage cryptocurrencies, especially the ChainGPT token, enhancing security and streamlining the process. This evolution signifies a significant leap in AI-crypto fusion, emphasizing a more secure and private transaction method. As data privacy becomes paramount, AI solutions like ChainGPT pave the way for a safer and efficient transaction environment, offering vast and far-reaching impacts on the future exchange of value. Conclusion Yesterday, an impressive 54.4k individuals actively tuned in to our HTX Twitter Space, titled "Deep Dive Into Web3 AI with ChainGPT," capturing substantial attention. This robust engagement underscores the fact that the convergence of AI and cryptocurrency technology not only represents a groundbreaking fusion of innovation but also garners significant interest from our HTX users. As the industry gains momentum, and we eagerly anticipate unfolding developments, it becomes increasingly evident that these advancements will not just transform our interaction with AI but also redefine transaction processes within the crypto realm. The potential of ChatGPT and ChainGPT to propel progress and deliver cutting-edge solutions is charting a course for a future where technology and finance seamlessly intertwine, providing multifaceted benefits to individuals across the entire spectrum. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

November 13, 2023 01:55 PM Eastern Standard Time

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