HKTDC’s five autumn technology fairs conclude ACN Newswire

HKTDC’s five autumn technology fairs conclude

October 16, 2022
HONG KONG, Oct 16, 2022 - (ACN Newswire via SEAPRWire.com) - The physical elements of the five autumn technology fairs organised by the Hong Kong Trade Development Council (HKTDC) drew to a successful conclusion today. The four-day exhibition attracted more than 9,800 buyers to attend the fairs in person at the Hong Kong Convention and Exhibition Centre to view products and discuss business opportunities. The physical elements of the five autumn technology fairs organised by HKTDC, held at the Hong Kong Convention and Exhibition Centre, drew to a successful conclusion today.The Symposium on Innovation & Technology invited industry experts to examine the latest tech development trends.The So French So Innovative pavilion organised a series of seminars themed "French Eye-Fresh Eye - Towards a Sustainable Future".This year's fairs adopted the HKTDC's new EXHIBITION+ hybrid model, with the Click2Match platform providing a smart business-matching function to help build connections between exhibitors, buyers and industry professionals worldwide. As of today, the HKTDC has arranged more than 3,000 business-meeting sessions through Click2Match while over 10,000 buyers have browsed products and made business connections via the five fairs' online platforms. Click2Match will remain active until 23 October for the five fairs.Sophia Chong, Deputy Executive Director of the HKTDC, said, "The five autumn technology fairs featured more than 1,100 exhibitors, over 340 of which are online exhibitors from Mainland China and overseas, showcasing numerous creative ideas, smart products and innovative solutions that can benefit Hong Kong's future development. The fairs were the first business-to-business (B2B) exhibitions held following the Hong Kong government's implementation of the '0+3' quarantine arrangement and we were delighted to see some of the international buyers gradually returning to our physical events. The HKTDC will continue to provide comprehensive support to Hong Kong's small and medium-sized enterprises (SMEs), assisting them to connect with global buyers and capitalise on post-pandemic business opportunities."She added: "The HKTDC will launch an international innovation and technology (I&T) promotion campaign on a larger scale next April. The goal is to further promote Hong Kong's technological development and the complementary advantages of the Guangdong-Hong Kong-Macao Greater Bay Area industrial chain, contributing to the city's transformation into an international I&T hub."Industry more optimistic regarding medium-term outlook for I&T sectorThe HKTDC conducted an on-site survey during the fairs to understand exhibitors' and buyers' views on the outlook for the I&T sector and what they expect the major trends to be. The survey found that 35% of respondents expected product sales will increase in the next six to 12 months, while 47% anticipated that sales will remain unchanged. Respondents were more optimistic about market conditions in the medium term; 46% expected that sales of their products will increase in the next one to two years, while 42% believed sales will remain unchanged.The rapid development of technologies presents enormous business opportunities. More than 70% of those surveyed expected that the smart lighting market will present ideal market potential in the coming two years, while 60% saw robotics offering the best growth prospects. As for the application of robots, most respondents believed their use in the medical field has the greatest potential, including for surgery and rehabilitation.Demand for smart products continues to growPresented under the theme "Innovations for Better Living", the five autumn technology fairs brought together exhibitors and industry professionals from across the globe, offering Hong Kong's start-ups an important platform to showcase their I&T solutions and generate business opportunities. Stang Limited, a Hong Kong start-up joining the HKTDC Hong Kong Electronics Fair (Autumn Edition) for the first time, featured its Qoolmate, an ice pack incorporated with a thermal thick film integrated circuit. Sidney Tang, the company's project manager, said they had met more than 100 potential buyers from Hong Kong, Europe, Japan, Korea, Mainland China and the United States through the fair. He revealed that one Japanese buyer will order 500 sets of Qoolmate once Stang has obtained the necessary safety certifications from authorities in different regions.Five fairs assemble top-notch technologies, attracting global buyers to source onsiteFollowing the implementation of the "0+3" quarantine arrangements, overseas visitors with an Amber Code are able to participate in B2B exhibitions in Hong Kong during their three days of medical surveillance. The five autumn fairs welcomed buyers from India, Japan, Korea, the Philippines, Poland and Thailand, among other countries and regions, to source at the fairground. Przemyslaw Kowalczyk, a buyer at Polish company LEDIN Sp. z o.o., said he was able to return to the HKTDC Hong Kong International Lighting Fair (Autumn Edition) thanks to the HKTDC's support. "I am pleased to have a chance to visit the fair again this year. I have found two potential suppliers of tri-proof lights and garden lights. I plan to do business with one of the suppliers and place an order for US$1 million worth of tri-proof lights next year."Smart business-matching platform builds global opportunitiesThe five autumn technology fairs all adopted the new EXHIBITION+ hybrid model that combines four key exhibition elements, including HKTDC-organised physical fairs, the smart business-matching platform Click2Match, online-to-offline seminars under the Intelligence Hub, and the hktdc.com Sourcing platform. LED Lighting & Energy Storage Systems, an importer of commercial and industrial lighting from the US, was looking to develop partnerships with new suppliers through the fairs in order to offer quality lighting solutions to its customers.Jorge E Cruz, the company's representative, said he found six or seven potential business partners supplying smart lighting solutions, landscape lighting and smart downlights at the physical Autumn Lighting Fair and the HKTDC Hong Kong International Outdoor and Tech Light Expo. He plans to place orders with three potential suppliers. "The online meetings arranged through the HKTDC's Click2Match platform provided a good option for me to meet with suppliers that are not participating in the physical fairs. I will have online meetings with six suppliers after the physical fairs," Mr Cruz said.Nearly 50 content-rich events were held during the fairs, including the Symposium on Innovation & Technology, the Hong Kong Electronic Forum and seminars held by the So French So Innovative pavilion and the B4B Challenge pavilion respectively, with visitors keen to participate. Industry professionals can watch videos of the events through the fair websites.Following on from the five autumn fairs, the HKTDC will coordinate the first edition of International Healthcare Week in November to promote medical technologies, with two flagship events: the HKTDC Hong Kong International Medical and Healthcare Fair 2022 (9 to 11 November for the physical fair) and the Asia Summit on Global Health 2022 (10 and 11 November). The objectives are to spur industry exchange and generate business opportunities in this increasingly important sector.*The five autumn technology fairs are the HKTDC Hong Kong Electronics Fair (Autumn Edition), electronicAsia (organised by the HKTDC and MMI Asia Pte Ltd), HKTDC International ICT Expo, HKTDC Hong Kong International Lighting Fair (Autumn Edition) and HKTDC Hong Kong International Outdoor and Tech Light Expo.Websites- Hong Kong Electronics Fair (Autumn Edition): https://hkelectronicsfairae.hktdc.com- electronicAsia: www.electronicasia.com- International ICT Expo: https://ictexpo.hktdc.com- Hong Kong International Lighting Fair (Autumn Edition): https://hklightingfairae.hktdc.com- Hong Kong International Outdoor and Tech Light Expo: https://hkotlexpo.hktdc.com- Highlight product lists: https://bit.ly/3rc6pLp- Photo download: https://bit.ly/3MDOVSoAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Snowy Chan, Tel: +852 2584 4537, Email: snowy.sn.chan@hktdc.orgFrankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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OOWAY Group Seeks to Appoint New Board to Turn Around Kitchen Culture ACN Newswire

OOWAY Group Seeks to Appoint New Board to Turn Around Kitchen Culture

October 12, 2022
SINGAPORE, Oct 12, 2022 - (ACN Newswire via SEAPRWire.com) - OOWAY Group Ltd, the single largest shareholder, together with 7 other shareholders[1] of Kitchen Culture Holdings Ltd. has on 30 September 2022 informed the Company's Board of the intention to convene an extraordinary general meeting of the Company (EGM) pursuant to Section 177 of the Companies Act[2].The upcoming EGM seeks to remove 5 of the current Kitchen Culture's Board of Directors and appoint 5 new members to the Board. Reference SGXNET 30 Sep 2022: https://tinyurl.com/mr5pxncrReasons for Calling for EGM OOWAY Group emphasises that without a change in the current Kitchen Culture board, the value of Kitchen Culture's 27.65% stake in OOWAY Technology Pte Ltd (which is its most valuable asset) would be unrealised and ultimately wasted.OOWAY Group reiterates that the implementation of a long-term and viable business plan for OOWAY Technology is the only path available now for the resumption of trading in Kitchen Culture shares, and ultimately a share price that would reflect its fundamentals.Mr Liu Yanlong, representative for OOWAY Group, said, "With OOWAY Group's existing and new business capabilities in Big Data Analytics and Artificial Intelligence, we were excited at the prospect of working closely with Kitchen Culture in line with their diversification strategy and OOWAY Group's expansion in the ASEAN region.However, we have witnessed the gradual erosion of the Company's core values and business prospects and have reluctantly taken this step, in order to protect our interests and the interests of other minority shareholders. The current suspension of Kitchen Culture shares, is a definite concern of all shareholders of the Company.We believe that replacing the current board with the proposed new Directors, who bring with them the necessary experience, expertise and energy to help reverse Kitchen Culture's present trajectory, is the only way forward."Mr Liu, added: "The indisputable fact is this: OOWAY Technology is Kitchen Culture's most valuable asset. Since the time of the acquisition till the present, OOWAY Group has continued to forge new business, break new ground, and grow the company through massive investment in technological capabilities and talented individuals.While we are greatly disappointed in what has transpired at Kitchen Culture, we still hold on to the belief that the Company can and will turn around once we have a new and highly capable management with integrity, transparency and vision in place and we will work hand-in-hand with them to ensure that Kitchen Culture become stronger than before."EGM AgendaAt the upcoming EGM on a date yet to be confirmed, 2 main agenda items among others to be raised are:1. Removal of the following 5 Directors at the EGM should they not voluntarily resign before 5pm on 14 October 2022:a. Mr. Lau Kay Hengb. Mr. Lim Wee Lic. Mr. William Teo Choon Kowd. Mr. Ang Lian Kiat and e. Mr. Peter Lim King Soon2. Appointment of the following individuals to the Board:a. Mr James Beeland Rogers, Jr. to be appointed as a Non-Executive Director of the Company; b. Mr Yip Kean Mun to be appointed as an Executive Director of the Company; c. Mr Lam Kwong Fai to be appointed as an Independent Director of the Company; d. Mr Tan Meng Shern to be appointed as an Independent Director of the Company; and e. Mr Cheung Wai Man to be appointed as an Independent Director of the Company. BackgroundKitchen Culture had been suffering from recurring losses and negative operating cash flow from its core business as a kitchen solutions provider for 8 years at the time of the acquisition by OOWAY Group.In August 2020, Kitchen Culture entered into a sale and purchase agreement and a shareholder's agreement with OOWAY Group to acquire a 30% equity stake in OOWAY Technology Pte. Ltd. at a purchase consideration of S$23.92 million to be satisfied by way of the allotment and issue of 90,000,000 new ordinary shares in the capital of Kitchen Culture at an issue price of S$0.2658 per ordinary share.At the time of the acquisition in 2020, it was envisaged that the combination of the newly-raised funds and OOWAY Technology's cutting-edge technologies as well as extensive business networks and capabilities would ring in a new era of growth and profitability for Kitchen Culture.The Relevant Shareholders have also informed the Kitchen Culture Board that prior to the conclusion of the EGM, the Company, including the current Directors of the Company, should not:1. Take any action to effect any casual appointment of Director(s) or action that will affect the number of existing issued shares of the Company or carry out any corporate action that is dilutive in nature to the minority shareholders of the Company.2. Carry out any transaction that would result in the divestment or acquisition of any business interest or asset for or on behalf of the Company. 3. Enter into any transaction committing or exposing the Company to any potential liability of a significant nature. SGXNET References:- 12 April 2022: General Announcement::UPDATE ON REVIEW BY BAKER TILLY CONSULTANCY (SINGAPORE) PTE. LTD. https://tinyurl.com/48fwfsfx- 21 April 2022: General Announcement::ASSISTANCE IN THE REVIEW BY THE COMMERCIAL AFFAIRS DEPARTMENT https://tinyurl.com/2p8hfrdt[1] "Relevant Shareholders" refers to OOWAY Group Ltd., Koh Cher Chow, Lin Xiao Long, Ling Chui Chui, Koh Ngin Joo, Lim Cheng Huat, Chew Yu Sheng and Soh Koon Eng.[2] Section 177 Notice constituting a special notice under Section 152(2) read with Section 185 of the Companies Act 1967 of Singapore (the "Companies Act") of the intention of the Relevant Shareholders to convene an extraordinary general meeting of the Company (the "EGM") pursuant to Section 177 of the Companies Act.About OOWAY Group Ltd.OOWAY GROUP LTD. is a corporate entity registered with Accounting and Corporate Regulatory Authority which has a stake in OOWAY Technology Pte Ltd. OOWAY Group is an established big data, Artificial Intelligence (AI) and Blockchain technology provider of innovative solutions for the integration of cross-border trade. Its DIGIT platform (Digital Innovation of Global Integrated Trade) seamlessly integrates cross-border trade with all parties through all stages from initialization to conclusion. The use of AI enables the platform to collect and analyze data to recognize, predict and optimize the cross-border trade process for all parties involved. The use of Blockchain ensures transparency, traceability and immutability, and automatic updating of all documents in the cross-border trade process. www.ooway.comIssued by OOWAY Group Ltd.Media Contact: Email: query@oowayasia.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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NITDA to host Blockchain Day at Digital Nigeria 2022 ACN Newswire

NITDA to host Blockchain Day at Digital Nigeria 2022

October 1, 2022
LAGOS, NG, Oct 1, 2022 - (ACN Newswire via SEAPRWire.com) - The National Information Technology Development Agency (NITDA), under the Federal Ministry of Communications and Digital Economy, in partnership with Domineum Blockchain Solutions, a leading Distributed Ledger Technology Company in Africa, is set to host a one-day National digital economy awareness event: BLOCKCHAIN DAY will take place on 26th October, during the annual Digital Nigeria International Conference and Exhibition (Digital Nigeria 2022), happening from the 25th to 27th October. An audience of over 2000 Blockchain enthusiasts is expected in Abuja.Digital Nigeria 2022 is taking place at the International Conference Centre in Abuja, Nigeria. The theme for this year's conference is Digital Transformation: A Path to Sustainable Digital Economy, chosen to stimulate discussion on how the economy could benefit from digital technologies to create value. The objective is to Promote digital transformation, Digital inclusion, Emerging technologies, Data Protection, Innovation, and Entrepreneurship in Nigeria.BLOCKCHAIN DAY will focus on scaling the blockchain ecosystem, with opportunities and best use cases from Africa and around the globe. Special focus will be given to Nigeria, a country blessed with talented people and over 200 million potential smart technology experts. BLOCKCHAIN DAY targets hosting 2,000 participants, global speakers, leaders and great personalities in the Blockchain industry. The conference will provide a platform for networking, co-creation and collaboration, sharing experiences, mentorship and knowledge circulation, stimulating conversation on emerging technology and incentives, with experts for tech startups.Mr. Kashifu Inuwa, Director-General of NITDA, said "There are a lot of opportunities in Blockchain, and it is critical in every business. Talent is the human component of technology and innovation, with Blockchain and emerging technologies being about the new solutions they are bringing on board. So, you need to task yourself to know which solutions or offerings the industry requires."Mr. Mohammed Ibrahim Jega, co-founder Domineum said, "Blockchain is a technology that houses Cryptocurrency and other compelling ideas. It is important to demystify it, enable young people to get a proper grasp and expose themselves to this game-changing technology, and to take advantage of the numerous opportunities it presents."Over the past years, emerging economies have leapt to the forefront of blockchain adoption, with Nigeria being one of the frontrunners. The "Giant of Africa," as proudly called, is making great strides in the adoption of blockchain technological innovation. According to a survey conducted by Statista in 2020, 32% of Nigerians have admitted to using or owning cryptocurrencies, the sheer numbers of which are perfect consideration when exploring Nigeria's affinity for taking advantage of blockchain technology. Digital Nigeria International Conference will provide a power-packed agenda and activities such as Keynote Speaking, Panel discussions, Fireside Chat, Training Sessions, Guest Speaking, Presentations, Pitch sessions, Question and Answer Sessions, an Exhibition and Networking, and One-on-one interactive workshop for attendees with global industry leaders.Top speakers at the conference are Inuwa Kashifu Abdullahi (DG NITDA); Prof. Isa Pantami, The Minister of Communications and Digital Economy; Ray Sharma - General Partner, Pacer Ventures; Mr. Mohammed Ibrahim Jega - Co-Founder, Domineum; Ahmed Yousif - Lead, BSV Blockchain; Ray Youssef - Founder and CEO, Paxful; Lorien Gamaroff - CEO, Centbee; James L. Sisneros - Founder & CEO, The Possibility Company; Geoffrey Weli-Wosu - Founder & CEO, Domineum Blockchain Solutions Ltd; Simit Naik - Director, Commercial & Strategy, nChain; Faith C. Titus - Founder & CEO, Sonergy Data Technologies; Dr. Usman Gambo Abdullahi - Director, IT Infrastructure Solutions, NITDA; Dr. Rislan A Kanya - DVC IT Research & Innovation, Baze University; and many others.Online registration for the conference is welcome, visit https://www.digitalnigeria.gov.ng/register/ BLOCKCHAIN DAY is powered by DOMINEUM. For more information, call: +23 490 9557 7775For partnerships and sponsorship opportunities please write to: business@domineum.io Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Kashifu Inuwa: Putting NITDA on the Cusp of a Revolution ACN Newswire

Kashifu Inuwa: Putting NITDA on the Cusp of a Revolution

September 29, 2022
LAGOS, NIGERIA, Sep 29, 2022 - (ACN Newswire via SEAPRWire.com) - Nothing offers a more reliable picture of a country's economic performance better than a periodic assessment of sectoral contribution to Gross Domestic Product (GDP). It's no less so in Nigeria where a report by the National Bureau of Statistics indicates that Nigeria's Information and Communications sector contributed 18.44 percent to the GDP in the second quarter of 2022. The figure was an improvement from the 15 percent performance recorded in the last quarter of 2021.Kashifu Inuwa, NITDA Director-General: "Globally, there is a shortage of talents, so, we are creating a mandate to develop a talent strategy because we have a competitive advantage as a country with our vast human and natural resources. Nigeria can seize the opportunity to fill that gap" [Image: NITDA 2022]A little context will help put the significance of this growth in real perspective. The NBS data shows that the country's Information and Communications sector's contribution trumped the figures recorded by sectoral powerhouses such as Oil and Gas, Manufacturing, Real Estate, and Financial and Insurance. The plaudits - or a huge part thereof - for that sterling performance should go to the Ministry of Communications and Digital Economy, its helmsman Professor Isa Ali Ibrahim and the National Information Technology Development Agency (NITDA), and its steerer, Mr. Kashifu Inuwa Abdullahi.NITDA, as the Federal Government Agency responsible for the development of the Information Technology sector in Nigeria, it is one of the seven agencies under the Ministry of Communications Technology and Digital Economy.NITDA's impressive scorecard could be glimpsed also in how quickly it has been able to develop strategies, to help grow the Nigeria information technology ecosystem in a COVID and emerging post-COVID era. Under its dynamic and innovation-driven Director-General, Kashifu Inuwa, so much has been achieved by the Agency in a short span of three years.The NITDA Director-General, who recently marked three years in office, has gradually realigned and re-positioned the Agency, aiming to grow its capacity to respond adequately to the changing conditions and complexities of a digital economy in a fast-evolving global and local digital market.Milestones achieved under the leadership of Inuwa have been multi-faceted and stand out as bold testaments of his commitment to innovation. Inuwa's vision for NITDA in the medium term is encapsulated in a robust and bold policy framework - the Strategic Roadmap and Action Plan (SRAP, 2021 - 2024), which was launched last year.SRAP is designed to support the even broader, National Digital Economy Policy and Strategy (NDEPS) enunciated by the Ministry of Communications and Digital Economy.The many achievements recorded so far belie the fact that NITDA has implemented SRAP for just one year, a development that Inuwa recalls with an understandable pride: "The first year of implementing the NITDA Strategic Roadmap and Action Plan (2021 - 2024) has been one of deep learning, overcoming challenges and celebrating amazing breakthroughs. Along the way we got conferred with the prestigious National Productivity Order of Merit (NPOM) award, in recognition of our productivity, hard work and excellence in service delivery."In June 2021, the Agency started operating the National Public Key Infrastructure (PKI) with the Key Generation and Handover Ceremony for Root Certification Authority (RCA) for Country Signing Certification Authority (CSCA) and Country Verification Certification Authority (CVCA) of the Federal Republic of Nigeria. The NITDA Director-General remains upbeat about its prospects: "This unprecedented cybersecurity landmark (NDEPS Pillar 6) will not only close loopholes in online activity but significantly reduce system vulnerabilities that are exploitable by threat actors." That was undoubtedly a milestone achievement for Nigeria's digital space.To further close out loopholes in online activity and generate proper accreditation of professionals, the Agency intends to implement seven cybersecurity interventions that are focused on the PKI.A key component of this creative platform is that, it will coordinate the management of the Country Object Identifier (OID), and upgrade the PKI authentication infrastructure, create a PKI Audit requirement for Microsoft onboarding on operating systems, and integrate PKI with major hardware/software vendors. "We will then construct, furnish, and equip two National Cybersecurity Research Centers," Inuwa says.With regard to the expected outcome, Inuwa, reputedly Nigeria's first Cisco-Certified Internetwork Expert (CCIE) public servant, says: "Digitalisation of Government processes facilitates transparency, efficiency, productivity, participation, inclusiveness, cost savings, and competitive advantage, which ultimately translates to social and economic development for a country like Nigeria."He also estimates that the "implementation of Enterprise Content Management (ECM) can save Nigeria N4.5bn annually". For a government determined to curb corruption and cut costs, this is quite significant. Some of NITDA's action plans in the area of regulation and framework development, which are already in the works, include fostering Gender Digital Inclusion, enthroning a seamless e-Commerce environment and enhancing government digital services."In 2022, we are developing the Framework on Gender Digital Inclusion (GDI), with the aim of codifying learning standards for different categories of IT learners, while addressing the wide gender disparities in digital literacy and skill acquisition," he said.He is optimistic that the Guidelines for e-Commerce in Nigeria will provide an enabling framework for e-commerce to thrive and increase online trade's contribution to Nigeria's GDP. Just as crucial, he noted, is the planned development of the "Framework and Regulations for Implementing Government Digital Services (GDS) as a Guideline for Federal Public Institutions (FPIs) to deliver digital services and the Framework for Implementation and Compliance with relevant regulations to ensure compliance with all developmental regulatory instruments such as the NDPR, Cloud Computing, outsourcing, among others".To some, these goals may seem rather grandiose. But Inuwa possesses a tapestry of experience as an IT professional, having worked, and indeed excelled, in highly challenging environments, among which are the Central Bank of Nigeria and Galaxy Backbone Limited. This imbues him with a capacity to sufficiently address current developments and discern the dynamic trends and markets in the IT sector. His deep knowledge of IT trends reflects in the remarkable way he has steered the Agency to address the likely challenges of tomorrow's digital environment.Under Inuwa, NITDA has issued 966 digital tools and supported the development of digital transformation plans in accordance with NDEPS Pillar 5 in 3 states. "These digital tools and expert guide, which are part of our initiative to develop a framework and implementation toolkits for measuring the impact of digital technology deployment in FPIs are already enabling institutions to embark on digital transformation self-assessments," he said, regarding the feat.When Inuwa assumed office as NITDA's Director General in mid-2019, the global Covid-19 pandemic which led to the lockdown of several cities worldwide, including Nigeria, was only a few months away. When it hit the country in February 2020, prompting a government-ordered lockdown in April 2020 which lasted for several months, the Agency initiated and adopted several remote and contactless digital technologies that ensured government machinery kept working throughout the critical period. Inuwa set up a team called Tech4Covid to cushion the effects of Covid-19. This led to the identification of three innovations that helped curb Covid-19 and the establishment of a virtual academy for research and training with over 70 active courses and over 485,000 active students.In the circumstances, Inuwa's leadership and managerial skills which had been honed by several high-level trainings in leadership and management at reputable world-class institutions such as Harvard, Sloan Business School, London Business School, IMD Business School, Oxford University, Massachusetts Institute of Technology and Cambridge University, all came into play, ensuring that critical digital services are being delivered to government and that government can continue to perform its various functions effectively. The same expertise has come into play in his relentless efforts, to transform the Agency into a world class IT Agency.One instance of this transformation is the service delivery. The Director General comments: "In terms of the service contract, we reviewed the existing SERVICOM unit, expanded stakeholder identification, introduced new roles, realigned responsibilities to absorb the changes, created a new identity tagged iServe, and completed a sensitization process with key action points. Today, iServe represents our people first commitment to customer satisfaction through innovation and professionalism as we pursue the digital economy goals."Another key part of NITDA's statutory mandate is massive upskilling and reskilling of Nigerians across all walks of life. NITDA under Inuwa, has trained well over half a million Nigerians in various basic digital skills and literacy, with such diverse backgrounds as junior schoolteachers, traditional rulers, journalists, youth and talent development programme participants, among others.The Agency has embarked on a journey to train 1 Million Software Developers in the next 18 months, in collaboration with global giants such as Microsoft, Google, and other key ecosystem players. "Globally, there is a shortage of talents, so, we are creating a mandate to develop a talent strategy because we have a competitive advantage as a country with our vast human and natural resources. Nigeria can seize the opportunity to fill that gap", the NITDA, DG says, with high optimism.At a higher level, NITDA has awarded over 450 scholarships in IT to deserving Nigerians at the master's degree level, with 42 Phds, in the past few years. Inuwa is delighted with the phenomenal growth of the Nigerian Digital Innovation Ecosystem. Recent large acquisitions such as Stripe's $200 million takeover of Paystack in 2020, the $320 million Main One Ltd take over by US-based Equinix, and Flutterwave's $3.5 billion valuation have proudly spotlighted the country as a notable digital innovation centre in Africa.In the first half of this year alone, Nigeria's Digital technology and innovation startups have raised over one billion dollars in venture capital funding from major Western capital market funds. Notable among them are Sudo Africa, $3.7 million, Casava, $4 million, DrugStoc, $4.4 million, Bamboo, $15 million, Credpal, $15 million, and Reliance Health, $40 million.NITDA itself, has recently facilitated the support of six digital information technology start start-ups to access grants of $120 thousand each, amounting to $715 thousand. The Agency is actively backing several digital innovation hubs and has set up such hubs around the country, including over 150 start ups which it has supported to attend the GITEX global exhibition, World Creativity Challenge, among others.Just the beginning of this year, NITDA facilitated the approval of three Federal Executive Council memos through the Ministry of Communications and Digital Economy, in favour of digital startups. These approvals will incentivise and further harness the country's digital innovation and entrepreneurship ecosystem to create job opportunities for its teeming youth population.Within three years, Inuwa has equipped 160 digital economy centres around the country to further catalyze skills development and digital innovations. According to Statista, 35 million Nigerian internet users will be added by 2026, which is another clear indication of increasingly phenomenal growth in internet adoption and usage in Nigeria.Addressing the recent Ogun State Digital Summit in Abeokuta, on Digital Technologies: Key to Sustainable Development, Inuwa affirms that "Digital Technology innovation is not only booming, but it is also quickly moving towards sustainable solutions, with many of the most promising ideas from businesses worldwide having a clear focus on the environment."An innovation powerhouse, Inuwa would yet, undoubtedly, be pushing forward the boundaries of innovative digital technologies in Nigeria and beyond, in the coming years.Written by Iklima MusaLagos, Nigeria 28/09/2022. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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World Cyber Security Summit in Jordan brought together global cyber security experts to tackle the battle against cyber threats ACN Newswire

World Cyber Security Summit in Jordan brought together global cyber security experts to tackle the battle against cyber threats

September 22, 2022
Jordan, Sept 22, 2022 - (ACN Newswire via SEAPRWire.com) - On 15 – 16 August 2022, an in-person event featuring a richness of debates about future technology and cyber security was held in Jordan. The event's organiser, Trescon and its Strategic Partner JOCSA (Jordan Cyber Security Association) hosted more than 500 C-level attendees, including key stakeholders in the cyber security ecosystem, such as government officials, top experts in the field, solution providers, startups, media, among others.A picture of the panel discussion from the World Cyber Security Summit – Jordan that was streamed live on August 15-16, 2022Leading players in Cyber security space like Green Circle, Agualetica, BeeezCrowd, Alpha Hub, Mandiant, CloudSEK, ManageEngine, and Wizard Cyber gathered at the event to examine the prospects for Cyber Security in Jordan.The event featured a ground-breaking alliance between specialists like:Scott E. Augenbaum - Retired FBI Supervisory Special Agent; Author; Cybercrime Prevention Trainer, Scott Augenbaum LLCGlen Thomas - Partner - Head of Technology and Cyber Consulting, Grant Thornton, United Arab EmiratesDr. Haidar Fraihat - Cluster Leader - Statistics, Information Society, and Technology, United Nations Economic and Social Commission for Western Asia (ESCWA), LebanonJacob Mathew - Head of Information Technology, Government of Abu Dhabi Entity, United Arab EmiratesNicole Lau – Sales Director, Verimatrix, Oslo, NorwayRicoh Danielson – CEO, 1st Responder, an Incident Response Firm, United StatesEng. Abdullah Faisal Biary – CISO, United Cooperative Assurance, Saudi ArabiaTaha Hussain - Information Security Specialist, Dubai Electricity & Water Authority – DEWA, United Arab EmiratesDr. Hossam Elshenraki – Associate Professor, Dubai Police HQ, United Arab EmiratesEng. Mona Alshehri - Risk and Compliance Analyst, Saudi Air Navigation Services, Saudi ArabiaDr Ahmed Abd El Hady Mohamed - Director of Quality in General Administration for Quality and Environmental Affairs, Holding Company for Water and Waste Water (HCWW), EgyptH.E. Belal Hafnawi - Commissioner - Board Member,Telecommunications Regulatory Commission (TRC-Jordan), JordanNada Khater - Head of Digital Transformation Policies and Strategies, Ministry of Digital Economy & Entrepreneurship, JordanEng. Lama Arabiat – Head of AI, Ministry of Digital Economy and Entrepreneurship, JordanDr. Ashraf Ahmad - Dean - Princess Sumaya University for Technology (PSUT), Open Source Intelligence in Arabic Challenges and Solutions, Jordan & many more elite speakers to name a few.The show kicked off with an opening keynote by Nidal Al-Bitar, CEO, Information and Communications Technology Association of Jordan (Intaj), where he shared his insights on the topic ‘Employment in the Cyber Security' by quoting, "As companies mature on their digital transformation journeys, cybersecurity remains the biggest concern: 69 per cent of US executives believe cyber security is the biggest AI-related risk."Abdulrahman Al-Nimari, VP, Cyber Security from Saudi Arabia spoke at length on ‘Zero Trusting Your Enterprise. He was quoted saying, "You believe that if this gadget is making a call to an external network, it is making a positive call because we believe in that device. However, the call is essentially a command-and-control request to the internet to obtain the ransomware's symmetric key. Therefore, by authorising that outbound connection, you are personally enabling the attack."While speaking about ‘Building a Resilient Cybersecurity Organization', George Eapen, Group CIO, Petrofac mentioned that, "For the right security outcome, CISO must build an ecosystem consisting of complementary solutions/partners/team."The event also witnessed a panel discussion on the topic ‘Leveraging AI in Threat Intelligence to Enable Protection from Advanced Threats' that was moderated by Dr. Hossam Elshenraki"It comes down to the fact that cybersecurity is a shared duty and that the more systems we secure, the safer we are all. We're happy to have hosted World Cyber Security Summit in Jordan, and loved the support we received from the tech fraternity in Jordan with the help of international delegates, sponsors, thought leaders, and media among others," says Mohammed Saleem, Founding Chairman, Trescon.The 17th global edition of World Cyber Security Summit – Jordan is supported by Hashemite Kingdom of Jordan and the Ministry of Digital Economy and Entrepreneurship, Jordan and officially sponsored by:Platinum Sponsor – Green Circle | AgualeticaFintech Sponsor – BeeezCrowdGold Sponsor – Alpha Hub | MandiantSilver Sponsor – CloudSEK Bronze Sponsor – Wizard Cyber | IRIS Technology | Manage Engine | VerimatrixAcademic Sponsor – C-PATH | Princess Sumaya University for Technology | Daience University | Jordan University of Science & Technology | Jordan University of Science & TechnologyStrategic Partner – Jordan Cyber Security Awareness Association (JOCSA)Community Partners – Intaj (Information & Communications Technology Association – Jordan) | ISACA | SOFEX JORDAN | JODDB | ABJ | JIF | Crown Prince Foundation | Talal Abu-Gazaleh Global | Jordan Insurance Federation | Amman Chamber Of Industry | AIBrzaRobotics Partner – QUILLDigital and Production Partner – Q Tech NetworksTransportation Partner - CareemWorld Cyber Security Summit – Jordan was Officially Supported by the following Media Partners:Official Media Partner:· Almamlaka tvOfficial Newspaper Partner:The Jordan TimesMedia Partners:ACN NewswireU todayWho's Who in Jordan's Banking, Insurance & Financial ServicesSECURITY Middle East MagazineCyber MagazineTheNewsCryptoMicky NewsWire19Coinpedia - Crypto & Fintech News MediaIndustry EventsTechlyStartupNews.fyiNews AffinitysiliconindiaMYTECHMAGWorld business outlookCrypto AcademyBizClik Media GroupCoinstelegramIBS Intelligencethe market periodicalThecoinrepublicCoin News ExtraDxTalksMy security market placeCDO MagazinePSU Connect Media Pvt LtdAbout World Cyber Security SummitWorld Cyber Security Summit is a thought-leadership-driven, business-focused initiative that provides a platform for CISOs who are looking to explore new-age threats and the technologies/strategies to mitigate them.The Summit fuses CISOs across industry sectors from Jordan who meet, network, learn and engage with some of the world's renowned technology thought-leaders, subject matter experts, and technology innovators in a constructive, open-dialogue environment to find solutions for issues hindering their information/cyber security.About TresconTrescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments, and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect, and consulting services.For further details, please contact:Nupur AswaniHead – PR, Media & Corporate Communications, Trescon+919555915156 | media@tresconglobal.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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ATAL’s Award-Winning AMSFS III Granted Patent in Mainland China ACN Newswire

ATAL’s Award-Winning AMSFS III Granted Patent in Mainland China

September 15, 2022
HONG KONG, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited (stock code: 1977) together with its subsidiaries (referred to as "ATAL Engineering Group", "ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering services provider in Hong Kong, today announced that the China National Intellectual Property Administration ("CNIPA") has granted the Group the utility model patent for its award-winning(1) in-house developed sewage treatment technology "ATAL Multi-Stages Flocculation Sedimentation III" ("AMSFS III"). It further strengthens the Group's extensive portfolio of patents acquired, whilst demonstrating its expertise in and commitment to technological innovation and environmental protection. The utility model patent certificate granted by the China National Intellectual Property Administration.ATAL's in-house developed sewage treatment technology "ATAL Multi-Stages Flocculation Sedimentation III" ("AMSFS III") has been applied in sewage projects in Mainland China.ATAL's in-house developed sewage treatment technology "ATAL Multi-Stages Flocculation Sedimentation III" ("AMSFS III") has been applied in sewage projects in Mainland China.Dr Otto Poon Lok-To, Chairman of ATAL Engineering Group, said, "We are gratified that CNIPA granted us the utility model patent for AMSFS III technology, recognising our cross-border teams' collaborations and the capability of in-house technological development. Despite the established market for traditional sewage treatment systems, we saw a surging demand for easy-to-install systems in remote villages and rural areas. With our highly flexible containerised AMSFS III system, I believe we are well-positioned to capture business opportunities in Mainland China and other countries included in the Belt and Road Initiative. Going forward, we will continue to pursue technological breakthroughs, aiming to strengthen environmental protection and improve quality of life through continuous innovation." Co-designed and built by the Group's Hong Kong and Mainland China teams, while manufactured in the Group's factory in Nanjing, AMSFS III is an all-in-one wastewater treatment system leveraging the latest construction technologies including Building Information Modelling ("BIM"), Modular Integrated Construction ("MiC") and Multi-Trade integrated Mechanical, Electrical, and Plumbing ("MiMEP"). In contrast to the conventional system, where all works must be conducted on-site, AMSFS III, with application of the aforementioned technologies, is prefabricated, installed and tested in the factory. Given that it requires small footprint of less than 50m2, AMSFS III provides greater flexibility while reducing the negative impact on the surrounding environment, such as dust and noise pollution at site. The system is containerised and can be installed underground. On the cost and performance front, the fully automatic system has remote monitoring capability to reduce the number of operators needed, which is highly efficient and saves labour and maintenance costs.AMSFS III has been applied in the Group's sewage projects in Mainland China, making significant contributions to the development of the country's wastewater treatment facilities. In particular, AMSFS III was utilised to remove partial suspended solid and total phosphorus in the Shiwuli River Jinzhai Road Initial Stormwater Reservoir Project located in Hefei city. The system enabled effluent to meet the discharge standard without post-filtration and reduced overall construction costs. The Group also deployed AMSFS III in the upgrade of the wastewater treatment facilities for the area along the Macao River in Anhui province, maintaining the effluent quality to achieve Grade A standard as defined in the "Discharge Standard of Pollutants for Municipal Wastewater Treatment Plants".Going forward, it is expected that small-scale and decentralised sewage treatment plants ("STPs") will be in high demand in remote villages and rural areas. Given its small footprint, AMSFS III will be a good fit for these areas. With the current Five-Year Plan of the People's Republic of China requiring the National Grade A discharge standard of STPs to be implemented under stringent environmental controls, new opportunities will emerge for small-scale and easy-to-transport sewage treatment systems.About ATAL Engineering GroupEstablished in 1977, ATAL Engineering Group ("ATAL") is a leading electrical and mechanical ("E&M") engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, ATAL provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies ("ICBT") and Lifts & Escalators. ATAL's parent company, Analogue Holdings Limited, is listed on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 1977).(1) AMSFS III has been awarded the "Innovation and Creativity Award" at "2021-22 Hong Kong Awards for Industries: Innovation and Creativity" Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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The Philippines’ Payments, E-Commerce & Banking Leaders to Gather Live Online this September to Chart the Future of Commerce ACN Newswire

The Philippines’ Payments, E-Commerce & Banking Leaders to Gather Live Online this September to Chart the Future of Commerce

September 15, 2022
MANILA, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Seamless Philippines returns live online this 28-29 September, gathering over 1,200 attendees virtually to explore the latest innovations in the Philippines across the payments, e-commerce and banking sectors."With digital payments and ePayments in the Philippines forecast to account for 50% of transactions by 2023, also fuelling growth in e-commerce, there's no doubt that the Philippines is an exciting market," says Paul Clark, Managing Director - Asia for Terrapinn. "Over the last two years, these sectors have been at the forefront of innovation - now it's time to make sure they are positioning themselves for a post-pandemic era and securing their future growth. Seamless Philippines offers them exactly that, without even having to leave their home or office." Seamless Philippines will bring together over 60 expert speakers across four key content pillars: payments innovation, e-commerce strategy, e-commerce marketing and banking. Attendees will enjoy free access to all sessions on the platform, and all sessions will be available for on-demand viewing for one month after the event, truly offering attendees a chance to fit the event around their own schedule. Speakers at the event include:- Arvie De Vera, Co-Founder & Chief Executive Officer, UnionDigital Bank- Justin Rafael Francisco, Managing Partner, Great Deals E-Commerce Corp- Greg Krasnov, Founder & Chief Executive Officer, Tonik Bank- Christopher Bennett, Chief Technology Officer, GOtyme- Maria Gaitanidou, Chief Launch Officer, UnionDigital Bank- Mich Lim, Ecommerce Head, Robinsons Appliances- Rogelio Umali, Chief Technology Officer, GoodBank- Alvin Heinrich Chan, Digital Payments Lead, Philippine Seven Corp- Michael Magbanua, SVP, Group Head of Operations & Shared Services, Union Bank of the Philippines- Joanne Barbara De Jesus, AVP, Tribe Lead - Digital, ING Philippines- Johdel Ocampo, AVP ? Digital Strategies & Retail Journey, Metrobank- Timothy Cu, Head of Quick Commerce, Sarisuki- Glenn Richmond Ong, Director, Customer Experience, Cebu Pacific- Gus Poston, Chief Executive Officer, Netbank- Kevin Codamon, Head of Digital Technology, McDonalds PhilippinesMore than 20 sponsors, exhibitors & partners are supporting this year?s virtual edition of Seamless Asia, including Platinum Sponsors Edgio, Sift and Sompo Holdings. All sponsors & exhibitors will be hosting a virtual booth on the platform for attendees to find out more about their products and services, and interact directly with their teams.For event information and full conference agenda, visit www.terrapinn.com/SeamlessPhilippines2022 About Terrapinn:Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you?re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn - spark something.Press attendance is complimentary. Enquiries should be directed to:Jia Le LimMarketing ManagerTerrapinn Asiajiale.lim@terrapinn.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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AIRWHEEL Introduces New-Gen Robot H3TS+, Helping Elderly and Disabled People with Nursing System SeaPRwire

AIRWHEEL Introduces New-Gen Robot H3TS+, Helping Elderly and Disabled People with Nursing System

September 14, 2022
AIRWHEEL Service Wheelchair Robot H3TS+ Developed for the Intelligent Health Care Market Brussels, Belgium, September 14, 2022 – (SEAPRWire) -Recently, AIRWHEEL (https://www.airwheel.net/) announces its new generation intelligent robot H3TS+, which provides the world’s growing number of elderly people and disabled people with intelligent nursing systems built with cutting-edge technology. Hopefully to help them freely control their own lives like ordinary people. As a intelligent technology enterprise based on ultra-precise technology research and development, the concept of “intelligence makes life more free” has always been the core driving force for AIRWHEEL to move forward steadily. AIRWHEEL hopes to integrate the current mature artificial intelligence technology with multi-disciplinary technology, to develop and mass produce suitable intelligent technology equipment for daily life. AIRWHEEL has built a technical system with drive control system (DCS),, cognitive intelligence and a new generation of artificial intelligence technology as the core. The ecological layout of the architecture involves intelligent manufacturing, smart home, smart transportation, smart medical care, etc. Industrial applications, as well as products and services such as wheeled robots, intelligent vehicles, intelligent terminals, and intelligent services. At present, there are 401 global patents and 169 invention patents that have been obtained, the intelligent wheelchair robot, which is an important part of Airwheel’s intelligent ecosystem, has 62 related patents. The newly released intelligent mobility robot H3TS+ integrates technologies such as remote wireless control, multi-mode human-computer interaction, flexible robot manipulation, multi-mode perception, providing users with special needs a combination of sitting and lying travel solution. As a wheeled robot transportation product, it can help users easily achieve a moving speed of 6km/h, and can cope with various types of indoor and outdoor road conditions with ease, even in highly complex situations such as narrow spaces, bumpy road sections. Its seat-reclining system incorporates an ergonomic electric joint skeleton design. Users only need to move the hand-side smart control box to easily adjust the angle of the seat to ensure that the spine, neck, head and other body parts are suitable for specific angles. It allows users to obtain the most relaxed body posture, and can meet the needs of various states such as sitting, lying, so as to realize daily movement and rest. Technology also needs temperature. In order to further improve comfort, AIRWHEEL H3TS+ intelligent wheeled robot also implements an adjustable heating and cooling seat system, allowing users to experience a comfortable temperature in hot summer or cold winter. In addition, it has also developed a multi-functional massage function to help relieve stiffness and fatigue caused by prolonged sittin . In terms of control, AIRWHEEL H3TS+ intelligent wheeled mobility robot also makes full use of Airwheel’s past experience in assisted driving, intelligent control, intelligent interaction technology, etc., and comprehensively achieves “barrier-free” for users from multiple angles. It simplifies and improves the control of the machine, realizes multiple operations such as direction, speed control, folding, etc. so that elderly can quickly get started to use. At the same time, two remote control systems are also provided: wireless remote control and smart APP to help users control the mobility robot H3TS+ without touching the wheelchair directly, such as early control The wheelchair robot can go to the bedside, store and retrieve it autonomously when traveling by car, etc. With strong R&D strength in intelligent technology, keen market insight, and rich experience in the implementation of intelligent products, AIRWHEEL has become an international manufacturer of intelligent wheelchairs. The wheeled mobility robot product has also obtained the China Class II medical device production license. At the same time, AIRWHEEL is also a smart wheelchair brand that has entered the European medical insurance system Like Italy, Poland . Some other countries Norway, the Czech Republic, Belgium, France, and Germany are on the process. The meaning of intelligent technology is to assist people to develop their potential in life in new ways and move towards the future with a more positive attitude. we believe that the advent of AIRWHEEL H3TS+ intelligent wheeled robot can help users reduce obstacles and enhance equal participation in society. The robot has become an important equipment for them to develop a wonderful life. Know more please visit https://www.airwheel.net/home/product/h3ts Media Contact Company: Airwheel Europe S.A. Contact: Jonas Email: Jonas@airwheel.net Phone: +32 494 26 71 78 Website: https://www.airwheel.net/ The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Legend Capital: The Logic of Technology Investment Has Changed ACN Newswire

Legend Capital: The Logic of Technology Investment Has Changed

September 2, 2022
HONG KONG, Sep 2, 2022 - (ACN Newswire via SEAPRWire.com) - Legend Capital recently announced that it made its 100th IPO following the listing of its AI medical portfolio company Lunit on the KOSDAQ market on 21 July 2022. In addition, Legend Capital's CRO portfolio company R&G Pharmastudies was successfully listed on the ChiNext of Shenzhen Stock Exchange on 2 August 2022, while on 5 August 2022, the innovative drug portfolio company MicuRx Pharmaceuticals went public on the STAR Market, becoming the 101st IPO and the 102nd IPO in Legend Capital's investment portfolio. In a recent interview, Richard Li, President of Legend Capital, revealed the history of Legend Capital in technology investment and proposed that the logic of technology investment has undergone important changes.Over 100 IPOs and 100 UnicornsLegend Capital pays more attention to the quality rather than the quantity of IPOs, but the 100th IPO remarks an important milestone for Legend Capital. Richard Li, President of Legend Capital, said in the interview: "What matters is not about the quantity of IPOs, but more about the repeated verification of the investment expertise of Legend Capital team, who has long been rooted in technology investment.From Lunit to R&G Pharmastudies and MicuRx Pharmaceuticals, these IPO achievements at home and abroad are in line with Legend Capital's development: starting from the USD fund and growing stronger with the RMB fund. Among its peers, Legend Capital stands out with its distinctive feature - it is well-versed in the system of USD funds, but is also rooted in China and inherently adept at a local investment with the RMB fund.Looking back at Legend Capital's development history, we can see a microcosm of the changes in China's technology investment. In Richard Li's memory, since the company's investment in iFLYTEK in 2001, Legend Capital has been systematically investing in companies that are in the early stages of technological innovation, and many of them have become industry leaders such as iFLYTEK, Spreadtrum, CATL, WuXi AppTec, Pharmaron, Wuxi Lead Intelligent and CNGR Advanced Material, etc., tapping into core sectors of new energy, semiconductor, life science, new materials and so on. So far, among Legend Capital's invested companies, there are over 100 unicorn companies with a valuation of over USD1 billion, creating a huge and systematic technology investment footprint.With over two decades of expertise, Legend Capital has cultivated a profound understanding of the technology and innovation drives of China, accumulated rich resources around industries, and built a powerful portfolio ecosystem. Legend Capital helps overseas enterprises expand business in the Chinese market and promotes the global expansion of enterprises by bridging key resources in China such as R&D and supply chain.On the other hand, by leveraging its "China Insights", Legend Capital also helps portfolio companies and entrepreneurs in China to "go global" and achieve strategic objectives across the border by integrating overseas resources and opportunities, helping portfolio companies to respond to complex changes in the global industry landscape and meanwhile generating new investment opportunities.The Significance of 100 IPOsLooking back at the 100 IPOs, they are remarkably diverse while at the same time representing a consistent theme. Regarding the breakdown of listing location, 31 of our portfolio companies were successfully listed on Shenzhen Stock Exchange, 20 on Shanghai Stock Exchange, 22 on Hong Kong Stock Exchange, 1 on Taiwan Stock Exchange, 4 on New York Stock Exchange, 16 on Nasdaq, 5 on Korea Stock Exchange, 1 on Japan Exchange Group. With the majority listed on A-share markets, Legend Capital has extensive exit experience in multiple capital markets, which is relatively rare in investment institutions in China.From the market value (in RMB), there is 1 company with a market value of trillions - CATL; 10 companies with a market value of 100 billion, such as iFLYTEK, Pharmaron, WuXi AppTec, WuXi Biologics, Wuxi Lead Intelligent, Shanghai Putailai New Energy, CNGR Advanced Material, and JD Logistics; 15 companies with a market value of more than 50 billion, and 43 companies with a market value of more than 10 billion; and 25 of them are "little giants" companies with Specialization, Refinement, Differentiation & Innovation features. Legend Capital is active behind the rise of many Chinese technology companies.Richard Li summarized several characteristics regarding Legend Capital's 100 IPOs: First, it covers multiple sectors. The second is balance, which is also one of the deep impressions that Legend Capital has left on the public - internationalization practices in RMB funds and extremely strong localization capabilities in USD funds. Third, investment in technological innovation projects is the main focus, and investment in pure business model-innovation projects is relatively small. In addition, Legend Capital acts as the lead investor in most of its portfolio with a relatively large shareholding ratio, thus having board seats and could exert a certain influence on the operation of portfolio companies.Patience capital in industrial chain investmentFounded in 2001, Legend Capital has experienced 20 years of technology iteration and innovation in China. "The founding team of Legend Capital all came from industrial rather than financial backgrounds, which determines the industrial and technology innovation genes of Legend Capital," Richard Li recalled. In China, Legend Capital is a pioneer in making technology investments using USD funds, much earlier than many of today's first-tier USD funds. Since 2015, Legend Capital has changed from a single fund investment business team to a unified platform to manage the operation of multiple funds, including long-term PE funds, TMT specialized funds, health care specialized funds, etc., to compose a more synergistic team.This synergy effect is reflected in Legend Capital's investment across different platforms and funds. With regard to its investment in the semiconductor industry, Legend Capital has systematic research on semiconductor companies and makes selective investments, with different funds investing in different types of targets. For example, Legend Capital invests in some enterprises that integrate resources and iterate products under a mature technology framework. Once successful, they will create a huge market of the replacement of the current framework, and even the first round of financing for these enterprises would reach billions of dollars. In the long run, they will grow into companies with a market value of hundreds of billions of dollars. Under such circumstances, Legend Capital will make a large proportion of investment through mature PE funds.However, the entire semiconductor industry is still in the early stage of development currently, and the latest semiconductor technology represents a new design concept and architecture, as well as a trend in cutting-edge technology. At this stage, many start-up technology companies need our support in the form of early-stage fund investment that accompanies their development in the long run. This will in turn contribute to the diversification, synergy and expansion of Legend Capital's investment tools and targets.The investment in the lithium battery industry, on the other hand, reflects the industry chain investment theme that is rooted in the industry background of the Legend Capital team. Benefiting from the long-term in-depth layout in the industrial mapping and the precise control of investment timing, Legend Capital has realized a number of landmark investments in the new energy field. Among them, projects such as Lead Intelligent, CATL, PUTAILAI, CNGR, Hymson have created huge returns for Legend Capital.Based on the prediction of the scale and trend of the downstream industry, Legend Capital has also systematically invested in assisted and autonomous driving along the direction of intelligent and unmanned new energy vehicles, as well as related sensor, radar, chip, and other projects in similar niches. Typical cases include Pony.ai, Zongmu Technology, MUNIU Tech, Black Sesame Technologies, etc.Richard Li said frankly: "Distinct from the internet sector, hard technology companies have a relatively long incubation period. Technology verification and productization need to be completed in the early stage, then put into the market, and then gradually scale up. The industry has large development potential and the enterprises have strong profitability. However, the market environment is complex, so it is hard for 'one winner to take all', and it is unrealistic to rely on first-mover advantage to achieve home runs. Therefore, investment institutions need to grasp the inflection point of the industry, such as when the effectiveness of the technology could be verified and when the product develops rapidly, which tests investors' judgment on timing.Richard Li summed it up in this way: To invest in science and technology, it is necessary to have an industrial mindset, sort out the industrial map, and then invest according to the timing of different stages and nodes of the industry. After that, we need to wait, and time will show us the answer. Investment institutions should have the patience and determination to accompany enterprises for a long time.The Logic of Technology Investment Has Changed Looking back on 20 years of experience in China's Venture Capital, Richard Li exclaimed that the industry is undergoing great changes today. "It's a systemic change including funding sources, investment directions and exit channels." He believes that these years are a critical turning point for the industry. Investment institutions need to make targeted adjustments to accommodate the new environment.In the past, the fundraising and exit of USD funds were both structured abroad, which led to most of the funds not actually investing in China. "To some extent, it is equivalent to going public in the United States with financial statements submitted from companies in China, and then selling shares in the United States market to exit." US dollar investors must now face up to the fact that the old game is over.Richard Li bluntly remarked that when USD funds began to shift investment focus from business model innovation to hard technology, in addition to the changes in target investment fields, the fundamental difference between the historic "two-end abroad" to invest in Chinese Concept Stocks and the new reality of China-rooted model of "investing onshore in China" put forth significant requirements for the localization of investment institutions, which requires long-term accumulation of resource networks and support from mid to back office.Besides, to be successful in using USD funds to invest in hard technologies in China with a focus on local listings and exits, it is very important to manage a complementary large-scale RMB fund as the cooperation between the two derives unique differentiation. Otherwise, we can only invest in individual "Cusp" projects opportunistically, rather than systematically investing in a long-term sustainable manner.This is also the challenge and opportunity that Legend Capital has always emphasized. Our latest plan focuses on technology investment, while paying attention to domestic A-share exit channels, we also take into account the exit channels for overseas investment projects in overseas capital markets, including Hong Kong stocks, US stocks, and capital markets such as South Korea and Japan. "Actually, these plans are things that we started doing a few years ago. If you just start to do these things today, I think it's too late." Said Richard Li.About Legend CapitalFounded in 2001, Legend Capital is a leading VC&PE investor focusing on early-stage and growth-stage opportunities in China, with offices across Beijing, Shanghai, Shenzhen, Hong Kong, and Seoul, Korea. It currently manages USD and RMB funds of over US$10 billion in commitments and has invested in around 600 companies, covering technology, healthcare, consumer, enterprise service and intelligent manufacturing sectors. Rooted in China, Legend Capital participated in the rise of many world-leading companies through solid investment coverage and systematic post-investment value-add. Over the years, Legend Capital has also become a widely recognized name in bridging key resources in China and overseas through cross-border activities, and a valuable partner to Chinese and overseas investors. Legend Capital values long-term sustainable investment and incorporates ESG into its long-term development strategy. As a UNPRI signatory since November 2019, Legend Capital is among the first group of top VC/PE firms in China to join the initiative.For more information, please visit www.legendcapital.com.cn/index_en.aspx and follow us on LinkedIn @Legend Capital (https://www.linkedin.com/company/legend-capital). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Genetec’s Quarterly Performance Jumps by 126% ACN Newswire

Genetec’s Quarterly Performance Jumps by 126%

August 29, 2022
BANGI, Malaysia, Aug 29, 2022 - (ACN Newswire via SEAPRWire.com) - Technology leader in providing fully customised, intelligent manufacturing automation solutions, Genetec Technology Berhad continued its performance momentum into the new financial year, recording a surge in profit after tax (PAT) of RM18.6 million representing a 126.8% jump compared to RM8.2 million registered for the corresponding quarter of the preceding financial year (Q1FY2022). Genetec's recorded a profit before tax (PBT) of RM19.4 million higher by 31.1% compared to RM14.8 million posted in the preceding quarter of 2022 (Q4FY2022), contributed by higher revenue from the e-mobility, electric vehicle (EV) & energy storage (RM60.9 million up 25.8%) and hard disk drive (HDD) segments (RM12.2 million up 20.8%) respectively.PAT was boosted on the back of strong revenue growth momentum for the quarter at RM73.2 million, an increase of 81.6% from RM40.3 million for the corresponding quarter (QoQ) and up 24.7% from RM58.7 million for the preceding quarter (Q4FY2022). Earnings per share stood at 2.68 sen (fully diluted) in Q1FY2023 compared to 1.18 sen QoQ. Gearing ratio dropped from 0.41 to 0.34 times from the preceding quarter, whilst cash and cash equivalents remains healthy, providing the Company with stretch room to execute its growth activities and plans ahead of the fresh orders and industry demand growth.Genetec commented, "The momentum in the EV and energy storage continues to grow, driven by consumer demand and supportive policies as the world pivots towards renewables in the race to combat climate change. Global sales of EV have doubled up in 2021. The total number of EVs have grown steadily in 2022, with with 2 million sold in the first quarter, up 75% from the same period in 2021[1]. This shift to electric heralds the beginning of a new ecosystem which Genetec is part of. In addition to vehicles, countries and companies will need to roll out the charging and servicing ecosystem to support this new generation of transport vehicles. In tandem with global digitalisation, the needs for the building blocks such as energy and data storage will continue to rise. This is where Genetec is strong and we will continue to improve on our offerings through research and development whilst deepening our share of market in the e-mobility, energy storage and HDD segments. Meanwhile, we remain vigilant of the macroeconomic headwinds and supply chain challenges and will continue to adopt a prudent stance in our cost and financial management."Genetec's also highlighted that its land acquisition from Utusan Melayu (Malaysia) Berhad (UMMB) in Bandar Baru Bangi, comprising a parcel of land of 6.348 hectares or 683,293 square feet (sq ft) and the buildings within the said area, is on track with the targeted completion set for the second quarter ended 30 September 2023 (Q2FY2024) and will focus their attention on deepening their business relationships with clients and suppliers, talent building and retention ahead heightened competition and macro headwinds globally.[1] Source: Global EV Outlook 2022 https://tinyurl.com/GlobalElectricVehicle-OutlookAbout Genetec Technology BerhadGenetec Technology Berhad ('Genetec' or 'the Group') is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the ACE Market of Bursa Malaysia Securities Berhad (Stock code: 0104) since 2005. Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for our global customers in the Electric Vehicle (EV), Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors. For more information on Genetec, please visit www.genetec.net. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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JCB, JP GAMES and Fujitsu launch joint project to strengthen digital data rights management in the metaverse and gaming world JCN Newswire

JCB, JP GAMES and Fujitsu launch joint project to strengthen digital data rights management in the metaverse and gaming world

August 23, 2022
TOKYO, Aug 23, 2022 - (JCN Newswire via SEAPRWire.com) - JCB Co., Ltd. (hereinafter JCB), JP GAMES, Inc. (hereinafter JP GAMES), and Fujitsu Limited (hereinafter Fujitsu) today announced that they will embark on a one year joint project starting August 23, 2022 to improve the security of distribution and sales of digital data in the metaverse and gaming world.Figure 1: Model OverviewFigure 2: Roles and responsibilitiesThe three companies will leverage Fujitsu?s hash-chain based aggregate digital signature technology (1) to create and verify a model for the clear management of rights regarding the publication and ownership of data and virtual assets.JCB, JP GAMES, and Fujitsu will use this model to contribute to individual users? and companies? safe and secure use of various types of data. The new model will not only ensure the rights to data in the metaverse, but also guarantee the reliability, authenticity, and traceability of transactions and digital data itself.BackgroundNon-Fungible Tokens (NFTs) (2) have become widely used as a means to clarify the rights to virtual assets that can be easily copied. Many anticipate that NFTs will play a central role in supporting various services in Web3 (3) and the metaverse.At present, NFTs are especially attracting attention for investment and speculative purposes. Some individual users and companies, however, remain hesitant to embrace NFTs due to a lack of a robust regulatory framework, and expectations are rising that Web3 will provide new solutions to more simply prove ownership of digital data.Outline of the Joint ProjectWithin this project, JCB, JP GAMES and Fujitsu plan to develop a new model that enables a wide range of users to easily clarify and securely manage the rights to virtual assets by combining a metaverse platform jointly provided by JCB and JP GAMES with a digital signature technology developed by Fujitsu. The three companies will focus on the following points:1. Development of a business model related to a rights management service that enables the issuance and verification of digital signatures for virtual assets issued in the metaverse and game worlds.2. Development of a technology that works in combination with the identity verification and settlement functions provided by JCB to protect users from possible fraudulent transactions3. Implementation of a function within the model to ensure safe usage for minors and the elderly based on Fujitsu?s digital signature technology; future interoperability of the model with the existing NFT marketRoles and ResponsibilitiesJCB:Utilization of accumulated solutions and knowledge as Japan's premier and leading international payment brand to provide settlement functions and trust information based on its settlement and ID authentication platforms; provision of a new service model for ensuring the reliability of transactions.JP GAMES:Development of a multiverse platform constructed with the PEGASUS WORLD KIT metaverse space construction technology framework and a passport that carries information about users who cross the border between real and virtual worlds in collaboration with JCB.Fujitsu:Provision of hash-chain based aggregate digital signature technology that clarifies information concerning rights to digital data and virtual assets, as well as transparent trust-ensuring technology (4) that can be linked to identity authentication infrastructure and services to streamline identity verification.Future PlansMoving forward, JP GAMES plans to utilize the model developed in this joint project in its future console games.Through this joint project, the three companies aim to realize a society in which a large number of individuals and companies can conduct transactions safely and securely, with a view to utilizing data traceability and transactions involving various participants.(1) Hash-chain based aggregate digital signature technology :Digital signature technology developed by Fujitsu that simultaneously ensures the authenticity of multiple persons, including the current owner and the next owner, the order of signatures, and the integrity of data.(2) NFT :Non-fungible token; non-falsifiable digital data with the ability to impart unique properties to digital data on the blockchain to ensure authenticity and track transaction history.(3) Web3 :A concept attracting attention as a next-generation Internet. It refers to a decentralized world where individuals are connected.(4) Transparent trust-ensuring technology :Technology developed by Fujitsu that helps an intermediary server obtain a user's authentication status when using different services or games, and allows a digital signature machine to grant/verify a transparent digital signature.About FujitsuFujitsu?s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: https://www.global.jcb/en/.About JP GAMESA game development studio established in February 2019 by Hajime Tabata, who worked on games such as Final Fantasy XV. Under the concept of "Making the future fun with the power of games", the company pursues the possibilities of games. In February 2022, the metaverse business was separated from JP GAMES and became a group company. https://www.jpgamesinc.com/en/Press Contacts:Fujitsu Limited Public and Investor Relations Division Inquiries (bit.ly/3rrQ4mB)JCB Ayaka Nakajima Corporate Communications Phone: +81-3-5778-8353 E-mail:jcb-pr@jcb.co.jpJP GAMES E-mail:info@jpgames.inc Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Taiwan Excellence Pavilion to showcase 10 leading medical tech innovators at Medical Fair Asia 2022 ACN Newswire

Taiwan Excellence Pavilion to showcase 10 leading medical tech innovators at Medical Fair Asia 2022

August 19, 2022
SINGAPORE, Aug 19, 2022 - (ACN Newswire via SEAPRWire.com) - Taiwan Excellence will be participating for the first time at the Medical Fair Asia 2022, to be held on-site at Marina Bay Sands from 31 August to 2 September, and online from 3 to 9 September. Organized by Taiwan's Bureau of Foreign Trade and Taiwan External Trade Development Council (TAITRA), the Taiwan Excellence Pavilion will be showcasing 10 exhibitors and a range of products such as surgical devices, medical and dental navigation solutions, Point-Of-Care Technology and decentralized medicine and mobility scooters over the three-day show.All exhibits at the pavilion are rewarded with the "Taiwan Excellence Award", the highest accolade bestowed upon the most innovative and high-quality Taiwanese products that also demonstrate Taiwan's commitment to enhancing smart medical care in the hospital, diagnostic, pharmaceutical, medical, and rehabilitation equipment and supply industry.The exhibitors of the Taiwan Excellence Pavilion include:1. Taiwan Surgical Corporation2. Insight Medical Solutions Inc3. EPED Inc4. Medimaging Integrated Solution Inc5. Winnoz Technology Inc6. Sigknow Biomedical Co., Ltd7. Wellell Inc8. iXensor Co., Ltd9. Heartway Medical Products10. BENQ Medical Technology Corporation"The development and advancements coupled with the increased accessibility of medical technology to the wider public in recent years have called for a greater emphasis on innovation. We believe that Taiwan's advantage in ICT has allowed our Taiwanese medical technology innovators to be well-positioned in leveraging Taiwan's status as one of the top medical care providers in the world. We are proud of the success stories of companies such as BENQ, Insight Medical Solutions, EPED Inc, Winnoz Technology and iXensor among others and we proudly present what Taiwan Excellence has to offer to the larger Medical Technology industry at Medical Fair Asia 2022", said Ms Wu Yi Ling, Director of Taiwan Trade Center Singapore.Ranked 13th in the 2021 World Index of Healthcare Innovation and the first in Numbeo's Healthcare Index, Taiwan has been recognized as one of the world's top medical care providers with advanced capabilities in biotech and pharmaceuticals. Medical Fair Asia 2022 will serve as a platform to cement Taiwan's position as a global innovation leader in the MedTech field through its expertise in integrating advanced technologies with the latest medical applications to enable connected and smart healthcare."Through our participation at Medical Fair Asia 2022, we hope that Taiwan Excellence can reach out to not only our trading and medical technology partners in ASEAN regions but also assist more people in living longer and healthier lives with our innovative technology," added Ms Wu.Taiwan Excellence Pavilion 2022 Showcase Highlights:Taiwan Surgical Corporation (TWSC)TWSC's reusable clip applier is the eminent ligation solution for Laparoscopic surgery. It comes with an ergonomic design for better comfort and unique detachable and extended jaws that is compatible with their polymer ligating clips. TWSC will also be featuring the disposable skin stapler and skin staple remover, which are both designed for better control, precision and efficiency.EPED IncEPED's RETINA gathers the state of the art of navigation combined with perfect accuracy during diverse surgical procedures including Neurosurgery, E.N.T., Craniofacial, Plastic Surgery, Oral and Maxillofacial Surgery.SIGKNOW Biomedical Co., LtdEZYPRO by Sigknow has been clinically proven to increase arrhythmia detection rate up to 60% with 14-day continuous ECG, AI-empowered software, a secured cloud platform, and a professional ECG analysis team to offer full curation of ECG signals and clinical findings.Wellell IncWellell's Optima Prone is a specialized pressure-reducing support surface solution designed to effectively prevent pressure injuries, optimize ICU/RICU workflow, reduce clinical workload, and improve patient outcomes in prone position ventilation.Heartway Medical ProductsHeartway Medical will be showcasing both their DM-S19 and DM-S21. The DM-S19 is foldable, lightweight, and carries up to 115kg for an approximately 20 km travelling distance per charge while the upgraded DM-S21 version offers more stability with four wheels but does not compromise on the benefits the DM-S19 model offers.BenQ Medical Technology CorporationBenQ's light, reusable dental instruments are esthetic, ergonomic and eco-friendly, and specially designed with an edgy oval mirror to broaden operational vision and a curvy neck that turns the mouth mirror into a dental retractor. The high reflection coating also provides clear and vivid images that are scratch and fog-resistant. BenQ is also featuring the BIS-1 Intraoral scanner that not only manages the order information but also acquires digital impressions of teeth and soft-tissue areas. The IntraOralScan is capable of exporting the scan data to CAD/CAM systems for different purposes of dental care.iXensor Co., LtdiXensor's PixoTest POCT System is portable, extensible, and efficient. By integrating APP features and multiple IVD tests including HbA1c & Lipid into one device, it provides both accurate and timely results. Similarly, the PixoTest COVID-19 Antigen Testing POCT analyser is designed to offer fully digitalized rapid COVID-19 antigen testing for corporations, manufacturers, schools, travel and hospitality industries by providing smart screening, standardised analysis, and fast and accurate results. iXensor will also be showcasing Eveline, the world's first AI-powered ovulation predictor kit.About Taiwan Excellence AwardsThe Taiwan Excellence Awards were established by the Ministry of Economic Affairs in 1993. Every year, eligible candidates are subjected to a rigorous and stringent selection system that covers four major aspects of "R&D", "Design", "Quality" and "Marketing" to identify outstanding products that offer "Innovative Value" while satisfying the key criterion of being "made in Taiwan". Products that have been selected for the Taiwan Excellence Awards would serve as examples of the domestic industries and be promoted by the government in the international market in an effort to shape the creative image of Taiwanese businesses.The organizers of Taiwan Excellence- The Bureau of Foreign Trade (BOFT), which was established by the Ministry of Economic Affairs (MOEA) on January 1, 1969, is responsible for formulating Taiwan's international trade policies, promoting trade, and managing trade-related activities.- Taiwan External Trade Development Council (TAITRA)Founded in 1970, TAITRA is Taiwan's foremost nonprofit trade promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises to expand their global reach. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade.Media ContactPRecious Communications for TAITRADaniel TanTel: +65 6303 0567E-mail: taitra@preciouscomms.comTaiwan External Trade Development CouncilChris LeeTel: +886-2-2752-2500 ext.1316E-mail:chris811@taitra.org.tw Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Digital Transformation in a Hybrid Workplace to be addressed by digital leaders at the #DXLeadersPH2022 ACN Newswire

Digital Transformation in a Hybrid Workplace to be addressed by digital leaders at the #DXLeadersPH2022

August 15, 2022
MANILA, Aug 15, 2022 - (ACN Newswire via SEAPRWire.com) - The 2nd Philippines edition of DX Leaders Strategy Forum is gearing up with the goal of constructing a future-proof hybrid work for organisations in the Philippines. The strategy forum is taking place on 24-25 August 2022 in Manila.As more employees prefer a work-from-anywhere model rather than traditional office setup, the government and organisations are looking for an action plan to seamlessly adapt and mitigate the risks and become resilient to possible threats. Over 150+ digital leaders and technology experts are invited to gather and confer about the recent topics on big data and analytics, cloud, cybersecurity, artificial intelligence and machine learning, and mobility. There are also industry-focused roundtable sessions. This year's roster of speakers includes:1. Sec. Ivan John E. Uy, Secretary, Department of Information and Communications Technology2. Chito Jacinto Board Member, ISACA Manila Chapter, Vice President, ISOG and Former Chief Information Security Officer, RCBC3. Rey Lugtu, Chief Executive Officer, The Hungry Workhorse4. Francisco Castillo, Senior Vice President and Chief Information Officer, Maynilad Water Services, Inc.5. Alex Ustaris, Chief Information Officer, PHINMA Education Holdings, Inc.,6. Mel Migrino, Vice President and Group Chief Information Security Officer, Meralco7. Lito Villanueva, Executive Vice President and Chief Innovation & Inclusion Officer RCBC8. Paul John Pena, Head of Strategy, Insights and Data Analytics, McDonald's Philippines (Golden Arches Development Corporation)9. Dennis Crimen, ICT Head, Philippines AirAsia10. Jason Brasileno, Vice President - Head for Business and Enterprise Risk, Lazada11. Kelsey Hartigan Go, Vice President, Information Technology, SM Prime Holdings, Inc.12. Rocky Bacani, First Vice President and CITO, Meralco, CIO at CIS Bayad Center Inc. and CTA, Radius Telecoms Inc.13. Lauro Matias, Chief Information Officer, EEI Corporation14. Wilbertus Darmadi, Chief Information Officer, Toyota Astra Motor15. Paul Siy , Chief Technology Officer and Head of Infrastructure and Operations, BDO Unibank16. Scott Darrow, Chief Technology Officer, UBX17. Gemma Rose Dublan, Chief Information Officer, Cyber Security Philippines CERT18. Melvin Foong, Chief Information Officer, GDEX Bhd19. Clinton Marsh, Chief Technology Officer, KMC Solutions20. Edmund Situmorang, Chief Technology Officer, PT. Asian Bulk Logistics21. Marlon Sorongon, Chief Information Security Officer, Maybank Philippines | Maybank NY22. Charlie Valerio, Chief Digital Officer, Phoenix Petroleum Philippines, Inc.23. Sonny Supriyadi, Senior Vice President Head, Pricing and Data Analytics, Maybank Indonesia24. Maria Belinda San Jose, Vice President - Information Technology Group, Philippine Deposit Insurance Corp.25. Adrienne Heinrich, AI CoE Head, Vice President AI, UnionBank of the Philippines AI and Innovation Center of Excellence, Head Data Science and AI Group, Union Bank of the Philippines, AI and Innovation Center of Excellence Head, Aboitiz Data Innovation26. Marlon Umali Senior Assistant Vice President, IT Security, Security Bank Corporation27. Nick Servino, AVP for Digital and Data Systems, Metro Pacific Tollways Corporation28. Francel Margareth Padilla-Taborlupa, IS Officer of the National Task Force Against Covid-19 and Bn Commander of 7th Signal Battalion, Army Signal Regiment, Philippine Army29. Robert Sanchez Paguia, Division Chief, Cybercrime Investigation and Coordinating Center30. Ricson Singson Que, Information Security Consultant, Digital Technology Office, De La Salle-College of Saint Benilde and President and CEO of SQrity ConsultingSupporting the 2-day hybrid strategy forum are leading digital solution and technology companies - Boomi, Minfy & AWS, Aruba, Cloudflare, Freshworks, ESET, Logitech, IBM & Workcentric, Seagate & ITSDI, and Symphony Summit. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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India’s top BFSI experts Unite to Reshape India’s Banking Landscape at #TresconBFSI ACN Newswire

India’s top BFSI experts Unite to Reshape India’s Banking Landscape at #TresconBFSI

August 10, 2022
MUMBAI, INDIA, Aug 9, 2022 - (ACN Newswire via SEAPRWire.com) - 'Redefining the Future of Banking: Powered by Technology, Driven by Innovation' which was the theme for this year's edition of Trescon's Big BFSI Future Tech Show & Award, opened to a packed house of over 150+ pre-qualified C-suite executives, speakers and solution providers at The Taj Lands End, Mumbai.#TresconBFSI featured technical presentations, panel discussions to enlighten the delegates with real-time use-cases about BFSI Infrastructure, Customer Experience and Cyber Security to name a few.Some of the top speakers included:- Amitabh Ranjan, Chairman, Reserve Bank of India- Anila Rao, VP, APAC, Haptik- Sumeet Puri, Chief Technology Solutions Officer, Solace Corporation- Chandan Gupta, Vertical Head, Data Center Services, Web Werks - Iron Mountain India DCs- Harshwardhan Mittal, CTO, Yubi (Formerly CredAvenue)- Somayajula Shekhar Rao, Head Sales, Strategic Accounts, EFLV India, Tata Communications Limited- Srinivasa Raghavan, Director, Product Management, Site24X7- Mohan Bhat, MD & Co-founder, Accops- Mahesh Ramamoorthy, CIO, Yes Bank- Amit Saxena, CTO, RBI, Innovation Hub- Prasanna Lohar, Chief Innovation Officer, DCB Bank- Prashant Thakkar, COOT, LIC Mutual Fund Asset Management Ltd (LICMF)- Nandkishore Purohit, Chief Digital and Technology Officer-IIFL Securities- Pinak Chakraborthy, CIO, Airtel Payment Bank- Navaneethan M, SVP- CISO & Head-it, Groww- Dheepak Rajoo, SVP, Digital Banking Technology, PMO, HR Technology, IT Governance RBL Bank, to name a fewThe event addressed important issues in banking landscape such as the rise of challenger banks in India; the future of money; transactions and the decline of cash; data-driven CX for higher ROI; chatbots as 'financial concierge'; a transition towards green banking and much more.The event kick started with an opening keynote on 'The Future of Banking in the Age of Digital Disruption' delivered by Dr. Amitabh Rajan, Chairman, Services Board at Reserve Bank of India. In his keynote he elucidated on post 2008 developments--economic, as well as technological and explained authentically the meaning of these changes for the next steps in the BFSI sector in the global context. He was quoted saying, "Market behavior is disruptive; technology is not the only thing that is on display. Therefore, it is necessary to have a deeper awareness of the financial condition."Sumeet Puri, Chief Technology Solutions Officer at Solace Corporation, spoke at length on topic 'Enabling the event-driven Digital Banking'. In his tech talk he was found quoting, "The approach of leveraging data on a product in real time is actually saving lives."Anila Rao, VP, APAC at Haptik shared her insights on 'Unlocking the power of WhatsApp Commerce for Financial Services'. Anila gave an exciting overview of Haptik's WhatsApp integration, which is the World's Largest WhatsApp Chatbot Provider, and how customers can power an end-to-end shopping experience and how to boost sales with our WhatsApp Chatbot Solution. Chandan Gupta, Vertical Head, Data Center Services at WebWerks, shared his insights from his tech talk on 'Colocation emerges as Interconnection Hub for Hybrid Landscape'.The event also featured BIG BFSI Awards, an awards ceremony to honor top 100 Leaders in India for their technology leadership, strategic influence, and significant contribution towards delivering excellence and innovation in their organization.Several Contests and Lucky draws were conducted during the conference session and followed-by the Cocktail Networking session. "We're very glad to successfully host yet another edition of #TresconBFSI. We are extremely happy to learn that this event is well on course to be India's most important tech event in the BFSI & NBFC space. I congratulate all the Big BFSI Award winners for their hard work, dedicated and excellence during tough times of Covid-19 pandemic," stated Mithun Shetty, CEO, Trescon.Partners at Big BFSI Future Tech Show & Awards include:Supported By - NITI Aayog, Gold partners - Web Works and Iron Mountain, Haptik Technologies Limited, Solace, Award Partner - Yubi (Formerly CredAvenue),Silver partners - Site 24X7, Tata Tele Business Services and Accops,Bronze partners - Kaleyra, ManageEngine, Dista and NeoSOFTAbout BIG BFSI Future Tech ShowBig BFSI Future Tech Show & Awards is a thought-leadership-driven, business-focused effort that offers a platform for tech professionals who wish to investigate and use cutting-edge future technology within their company.About TresconTrescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.For further details about the announcement, please contact:Monith M Shetty, Media, PR & Corporate Communications, Trescon+91 95559 15156media@tresconglobal.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Digital Health and Technology Trends in the USA ACN Newswire

Digital Health and Technology Trends in the USA

August 1, 2022
AUSTIN, TX, Aug 1, 2022 - (ACN Newswire via SEAPRWire.com) - What role and purpose will businesses accept to impact the social contract, and how might consumer and provider empowerment might bring change to healthcare business models using technology?The Partners in Digital Health blockchain in healthcare and telehealth portfolio both reflect and set trends in the marketplace. Here are a few trends and current issues to ponder.Cost, place, and preference have prioritized the care at home care and care transitions as aging populations and a looming healthcare worker shortage impact the US health system, where virtual care presents an opportunity to build long term resilience into system.Adopting Zero Trust Architecture to enhance security across agencies and businesses must quickly be adopted, following the executive order on improving the Nation's Cybersecurity (EO 14208). If you've been hacked recently, you understand the urgency.A fully realized digital 3D world (Web3/Metaverse), creating virtual holographic experiences, including digital twins that operate in real-time, must be created for secure use. Healthcare is at the forefront with medical education initiatives and holoportation. Ambient AI, or real-time human perception technology, that enables intelligent environments is an area where technology can anticipate and respond to people's needs, customize and forecast behaviors across the continuum of care - and reduce the cost of care. Compliant AI-powered conversational patient intake can also increases time and quality time engagement with patients.Diversity and inclusion present new market opportunities for drug discovery, startups, apps, payment models, cross boarder collaborations, market investment and more. Pandemics teach us there are significant differences in patient populations with sexual, cultural, age, and geographic diversities to consider.The cash economy in healthcare is on the rise. A retail health revolution is occurring where employers give their employees cash instead of health insurance. Consumers pay cash for drugs and services that are cheaper than those covered through insurance - and participants don't have to deal with system bureaucracy.Price transparency for health insurance market plans to make hospital pricing transparent for patients to compare costs for care is embraced by 85% of Americans. Consumers believe cost cutting and improving quality through transparency should be a priority. Site neutral payments are another way to level the playing field and could save the USA as much as $350 billion over the next decade.Cryptography and applying quantum mechanics for uncrackable code for two parties to interact securely. The US is teetering on losing its competitive edge and may have already. Blockchain will improve how the public interacts with government services and will have broad economic and social implications. Global health passes and interoperable permissioned global networks are examples and only the beginning of the wave impacting healthcare.At ConV2X, just about every facet of blockchain technology is explored including cybersecurity and quantum computing, patient experiences, credentialing, data ownership, Metaverse, NFTs, DAOs, TradFi, privacy protection, joint workflows and processes, inventory management, fraud, chargebacks, precision medicine, zero trust frameworks, standards and more.A real revolution of borderless interoperability, led by consumers, activists and pioneers, challenging market integrity and sensibilities is well underway.For more information visitBlockchain in Healthcare Today (https://blockchainhealthcaretoday.com/index.php/journal) journal, or ConV2X Blockchain in Healthcare 2022 (https://conv2xsymposium.com/registration/) eventTelehealth and Medicine Today (https://telehealthandmedicinetoday.com/index.php/journal) journal, or ConV2X Telehealth 2022 (https://telehealth2022.conv2xsymposium.com) event Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Gray Wolf Analytics Joins the Government Blockchain Association (GBA) ACN Newswire

Gray Wolf Analytics Joins the Government Blockchain Association (GBA)

July 23, 2022
FREDERICTON, N.B., Jul 22, 2022 - (ACN Newswire via SEAPRWire.com) - Gray Wolf Analytics announced that it has joined the ranks of the Government Blockchain Association (GBA), a professional association promoting international collaboration between government and blockchain solutions providers.Comprised of over 5,000 leading industry experts, the GBA represents a large consortium of blockchain technology supporters. Gray Wolf's partnership with the GBA further signifies the company's growth as a leader in the crypto forensics space and its commitment to sustaining its ambitious growth trajectory.Since closing its pre-seed round in September, Gray Wolf has been expediting the crypto forensics industry's move from zero and negative-sum competition, towards a decentralized, positive-sum ecosystem where the industry has a secure, ubiquitous view of risk to power forensic tools and innovation. Gray Wolf empowers Virtual Asset Service Providers and Crypto Investigators to automate, contextualize and decentralize their crypto forensics workflows, without sacrificing data ownership, control, or security. The platform currently supports early adopters across Cryptocurrency, De-Fi and the metaverse. "Successful decentralized technologies involve the coordination of multiple, independent stakeholders. We are beyond excited to become a member of the GBA which promotes cooperation through shared values which we hold dear: disclosure, confidence, and integrity," said Matthew Sampson, CEO of Gray Wolf. "Moving forward, we are committed to working with industry peers in support of the GBA's mission to further the conversation on blockchain technology adoption globally."Representing Gray Wolf as a moderator of GBA working groups will be Dhirendra Shukla, President and Chair. "Coins, tokens and NFTs are fast growing use cases of blockchain technology. And we are keen to engage with thought leaders around the world to bring more awareness to the impact of crypto scams and fraud at all levels of their retail." About Government Blockchain AssociationGBA is an international non-profit professional association who focuses on its members (as individuals & organizations) that are interested in promoting blockchain technology solutions to government but does not advocate for any specific policy position. Visit https://gbaglobal.org/ for more information.About Gray Wolf AnalyticsGray Wolf is a crypto forensics start-up that delivers decentralized, global intelligence through risk mitigation solutions that embrace cryptocurrency values - no gatekeeping, unnecessary rent seeking, or centralization of control. Visit https://graywolfai.com/ for more information.Media Contact:Chedi Mbaga, Business Development Leadchedi@graywolfai.comhttps://graywolfai.com/contact Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy selected to help bring almost 50 percent more power to 20 million people in India JCN Newswire

Hitachi Energy selected to help bring almost 50 percent more power to 20 million people in India

July 22, 2022
ZURICH, SWITZERLAND, Jul 22, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, today announced it has won a major order from Adani Electricity Mumbai Infra Limited, part of India's largest privately-owned power company Adani, to provide a high-voltage direct current (HVDC) transmission system which will link Kudus to Mumbai, on India's west coast.Mumbai is experiencing a rapid increase in electricity consumption, seeing peak demand increasing to 3,850 megawatts (MW) in 2022, of which around 2,100 MW was supplied from outside sources(1). The new HVDC link will supply up to 1,000 MW of electricity, increasing power from outside of the city by almost 50 percent. The link will strengthen the existing transmission infrastructure and help Adani to ensure a reliable power supply in the region.Globally, power loads in cities are increasing, especially in densely populated areas where land is already scarce, and difficulties can arise whenever new right-of-way must be secured for traditional transmission lines. HVDC technology enables large amounts of high-quality electricity to be delivered where it is most needed with complete control, with a very compact transmission system.Mumbai is one of the world's most densely populated cities, with a population of over 20 million, and, by utilizing Hitachi Energy's compact HVDC system and 50 kilometers of underground cables rather than overhead lines, almost 2.3 square kilometers of land will be saved - the equivalent of more than 320 soccer pitches."Our HVDC systems have tremendous potential for bringing large amounts of electricity directly into cities, such as Mumbai, where it is needed most but space is severely limited," said Andreas Berthou, Global Product Group Manager of HVDC and HVDC Service of Hitachi Energy's Grid Integration business. "As the world becomes more sustainable, electricity will be the backbone of the entire energy system."Earlier this year Mumbai unveiled its Climate Action Plan(2), aiming towards becoming the first city to become carbon neutral in South Asia. The plan focuses on six sectors, including decarbonizing Mumbai's energy grid, building energy-efficient and climate-resilient infrastructure and promoting low carbon mobility solutions. This HVDC link will be a crucial step to modernizing the city and state grids, and essential to the fruition of the Climate Action Plan.Hitachi Energy has an impressive HVDC track record in India, where it introduced the technology over 30 years ago with the Vindhyachal project in 1989. Raigarh-Pugalur is Hitachi Energy's sixth HVDC project in India and the second UHVDC installation, following the multi- terminal North-East Agra link.(3)Hitachi Energy's HVDC solution combines world-leading expertise in HVDC converter valves, the MACH digital control platform(4) converter power transformers and high-voltage switchgear, as well as in system studies, design and engineering, supply, installation supervision and commissioning.HVDC Light is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and "power-from-shore" connections to offshore production facilities. HVDC Light's defining features include uniquely compact converter stations and exceptionally low electrical losses.Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world's HVDC projects.(1) India Express(2) Mumbai Climate Action Plan(3) Hitachi Energy HVDC projects in India(4) Modular Advanced Control for HVDC (MACH)HVDC websitewww.hitachienergy.com/offering/product-and-system/hvdcwww.hitachienergy.com/offering/product-and-system/hvdc/city-center-infeedAbout Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergyhttps://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Legend Capital Portfolio Company: The Global-Leading AI Medical Imaging Company Lunit Goes Public Successfully ACN Newswire

Legend Capital Portfolio Company: The Global-Leading AI Medical Imaging Company Lunit Goes Public Successfully

July 21, 2022
HONG KONG, Jul 21, 2022 - (ACN Newswire via SEAPRWire.com) - On July 21st, 2022, Lunit, a leading global AI-based cancer solutions provider invested by Legend Capital, was successfully listed on the KOSDAQ market. Founded in 2013, Lunit successfully established itself as the world's top-notch artificial intelligence technology solution provider, mainly focusing on developing medical software to assist physicians in the realm of tumor diagnosis and treatment. Lunit's flagship products are Lunit INSIGHT and Lunit SCOPE. Lunit INSIGHT is an AI-powered image screening solution, that detects and classifies chest abnormalities and breast cancer. Lunit SCOPE is an AI biomarker for immunotherapy, providing therapy response information that can critically affect treatment outcomes for cancer patients. Legend Capital led Lunit's series B investment round in June 2018 and continued to support Lunit's global business expansion via three additional follow-on investments in 2019 and 2021. For the past 4 years, Lunit not only has produced world-leading AI medical solutions but also gained its commercial value achieving rapid topline growth. Lunit's annual revenue grew by over 460% in 2021 since its initial product commercialization in 2019. As of now, Lunit's image diagnostic products have been certified by 42 countries/regions, including FDA, CE, and KFDA. The company will keep expanding into the global market through cooperation with international giants like GE Healthcare, Fujifilm, and Philips, etc. Legend Capital will continue to assist Lunit in finding untapped business opportunities in China by building up branding and introducing rich portfolio resources for cooperation. Brandon Suh, CEO of Lunit, said: "Lunit's target market for cancer detection and diagnosis is worth 110 billion US dollars (of which the United States accounts for ~USD 45bn and the rest USD 65bn). Lunit's AI medical image analysis technology has significant advantages over traditional technology, and our accurate and efficient solutions have been appreciated by global medical institutions. Lunit's ongoing global expansion can be attributed to the support from our existing partners, Legend Capital has been one of Lunit's key partners in helping us grow our China business by introducing reliable local partners. Legend Capital has been and will continue to be Lunit's strategic global partner going forward." "We like to invest in companies that have a global vision, world-leading technology, and global expansion capabilities. We were very impressed with Lunit's ambition to go global at our initial investment," said Joon-Sung Park, Managing Director of Legend Capital. "With the world's top-notch AI medical imaging technology, Lunit INSIGHT can significantly improve abnormalities detection and early-diagnosis rate, remarkably enhancing the efficiency of cancer diagnosis and treatment. Lunit has built a professional team with technology experts and medical professionals. The six co-founders are all graduates of the Korea Advanced Institute of Science and Technology (KAIST), the nation's first public, research-oriented science and engineering institution. With a commitment to empowering the medical industry by AI technology, Lunit has also hired 12 full-time doctors with an in-depth understanding of medical service. It has provided AI healthcare services to approximately 600 medical institutions in over 40 countries, and has signed an exclusive business contract with Guardant Health, the world's largest liquid biopsy diagnostic company, to collaborate on cancer drug development." At present, "Lunit INSIGHT CXR Triage" and "Lunit INSIGHT MMG" have been certified by the U.S. Food and Drug Administration (FDA) by the end of 2021, and Lunit will continue to expand the global market by obtaining Medical Device Single Audit Program (MDSAP) certification in the US, Canada, Japan, Australia and Brazil, etc. Legend Capital has invested heavily in companies that integrate technology and the medical industry and has kept betting on AI medical sectors. In addition to Lunit, Legend Capital has also invested in AI medical companies such as Xbiome, an AI microbiome drug development company; StoneWise, an AI drug R&D platform; Deepwise, an AI medical imaging company; BioMap, a biocomputing platform; Deep Informatics ++, an AI medical pathology diagnosis company; and Unimed, an AI brain diagnosis and treatment platform.About Legend CapitalFounded in 2001, Legend Capital is a leading VC&PE investor focusing on the early-stage and growth-stage opportunities in China, with offices across Beijing, Shanghai, Shenzhen, Hong Kong, and Seoul, Korea. It currently manages USD and RMB funds of over US$10 billion in commitments and has invested in around 600 companies, covering technology, healthcare, consumer, enterprise service and intelligent manufacturing sectors. Rooted in China, Legend Capital participated in the rise of many world-leading companies through solid investment coverage and systematic post-investment value-add. Over the years, Legend Capital has also become a widely recognized name in bridging key resources in China and overseas through cross-border activities, and a valuable partner to Chinese and overseas investors. Legend Capital values long-term sustainable investment and incorporates ESG into its long-term development strategy. As a UNPRI signatory since November 2019, Legend Capital is among the first group of top VC/PE firms in China to join the initiative. For more information, please visit www.legendcapital.com.cn/index_en.aspx and follow us on LinkedIn @Legend Capital ( https://www.linkedin.com/company/legend-capital ). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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FierceCrowd NFT, leveraging the Web3 field to increase access to education – Now Open for Mint

July 19, 2022
Dubai, UAE, July 19, 2022 – (SEAPRWire) – With a collection of 1,500 handpicked NFTs now open for mint on their website, FierceCrowd’s aim is to use Web3 technology to create a positive impact in the real world. The technology behind NFTs and Why it matters? Blockchain technology: A blockchain is a digital ledger, consisting of records called blocks that are used to record transactions and track assets. It is decentralized, distributed and most of all, public. Social impact and Web3: Blockchain technology, because of its benefits cuts out the middle-man and enables full financial inclusion – despite a person’s current circumstances. With the rise of NFTs, any individual now has a chance to mint their own work and sell it on an NFT marketplace, or buy and own valuable tokens themselves through the same Web3 platforms. Many have found their lives flipped upside down because of those new technologies. FierceCrowd NFT aims on creating change by bringing some of those opportunities back into the real world…Despite the current market situation. “Just because Bitcoin went from 60K to 20K doesn’t mean the underlying technology has lost value” – FC founder states. According to the FierceCrowd team, blockchain technology, decentralization and Web3 as a whole remain powerful innovative tools. A bear market does not put into question the value of those underlying technologies, the way they are currently being used though, maybe. With a combination of 560 attributes, including over 250 hairstyles, 60 backgrounds, and 18 skin tones, FierceCrowd aims to emphasize the concept of inclusion in the digital/generative art field. With many projects claiming they strive to create change but with no real long-term projects to do so, FierceCrowd’s roadmap lines up real steps the team intends on taking in order to reach that goal. Through NFTs and blockchain technology, social impact projects finally have a space to grow while offering something in return to the contributing people. FierceCrowd Goals: Social impact FierceCrowd intends on contributing to the fields of education and human rights by collaborating with international organizations through donations but also by creating their own channels of support such as a platform connecting sponsors, schools/universities, and people who, for various reasons, lack access to education. Our objectives also involve the creation of a school in partnership with Build On, an organization focused on creating schools in developing countries. Giveaways In addition to contributing to FC’s social impact objectives, every FierceCrowd NFT owner carries the chance of being awarded 1ETH if they mint 5+ NFTs. The winner will be announced once all 1,500 NFTs have been sold. 15 lucky collectors will also be chosen randomly to receive an FC book handcrafted by the founding team to express gratitude and infiltrate the holders’ physical worlds. FC plans to launch its own line of merchandise, a collection of gender-neutral lounging sets available in sizes XXS to XXL. Every collector will automatically be qualified to win one of 50 pieces of clothing items. Joining the Metaverse FierceCrowd promises constant improvement through innovation to create the safest environment for the community members. The team is focused on expanding into the digital world. Once all NFTs are minted, FierceCrowd will join the Metaverse. Community wallet Furthermore, 5% of the project’s primary sales will be allocated to a community wallet, allowing the community members to collectively invest in bigger projects. Through this, people will get a chance to be one of the owners of a blue-chip project. FierceCrowd is a humanitarian project with a number of ambitious missions, Shaped by the progress made, the organization’s goals will grow and develop with time. FierceCrowd’s aim Many people have been deprived of opportunities due to circumstances beyond their control, such as the political environment of the country in which they live or lived, their financial situation, brain challenges, and more. FierceCrowd’s aim is to assist in increasing their chances of success through innovative technologies. To learn more about FierceCrowd, head to: https://linktr.ee/fiercecrowdnft Links on socials: Twitter: https://twitter.com/FierceCrowd Instagram: https://www.instagram.com/fiercecrowd/ Discord: https://discord.com/invite/68sqpXXhYV Contact Details: Brand: FierceCrowd Contact: Yasmine Smadi Email: yasminesmadi@fiercecrowd.art Website: http://fiercecrowd.art/ SOURCE: FierceCrowd The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Fujitsu Develops New Technology for Accurately Estimating Postures of the Human Body from Point Cloud Data Using Millimeter-wave Sensor JCN Newswire

Fujitsu Develops New Technology for Accurately Estimating Postures of the Human Body from Point Cloud Data Using Millimeter-wave Sensor

July 6, 2022
TOKYO, Jul 6, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu has successfully developed a new technology to accurately estimate postures of the human body from coarse-grained point cloud data obtained with a conventional millimeter-wave sensor. Fujitsu plans to deploy the newly developed technology at hospitals and nursing care facilities to support nurses and caregivers in visually monitoring patients and reacting to emergency situations such as falls of patients.Figure: Overview of the newly developed technologyThe technology leverages an AI model for highly accurate estimations of postures of the human body and Fujitsu's "Actlyzer"(1) AI technology for analysis of complex human behaviors to analyze the movement of patients in detail before and after a fall without installing cameras in highly private spaces such as hospitals and nursing homes.Fujitsu will conduct field trials with hospitals and nursing care facilities to verify the effectiveness and improve the accuracy of the new technology with the aim to offer it as a service to the Japanese market by the end of FY 2023.Innovation to improve independence and safety for the elderly and those with impaired mobilitySecuring the safety of patients and elderly people while reducing the workload of nurses and caregivers represents an increasingly urgent task at hospitals and nursing homes.While monitoring technology using sensors has been attracting attention in recent years, the demand for solutions using millimeter wave sensors is expected to grow as it can be deployed at low cost and also helps preserve the privacy of patients.However, low-priced millimeter-wave sensors, which are widely available, provide only coarse-grained point cloud data and are thus often not accurate enough to detect falls of patients and the elderly and to perform detailed analysis of their behavior before and after falls.To address this issue, Fujitsu has developed a technology that enables expansion from coarse-grained point cloud data to fine-grained point cloud data necessary for an accurate posture estimation by fusing time series information of point cloud data in a series of movements of the human body. The new technology that does not utilize cameras will help to support nurses and caregivers to monitor patients and achieve a faster response to emergency situations while ensuring patients' privacy.About the newly developed technologyFujitsu has developed a new technology that enables a detailed analysis of human behavior using a common 79 GHz millimeter-wave sensor compliant with the Radio Law of Japan.In February 2022, Tottori City (Tottori Prefecture, Japan) and Fujitsu Japan Co., Ltd.(2), conducted field trials with elderly people living alone in municipal housing units using a prototype of the newly developed technology and confirmed the effectiveness of the technology in privacy-conscious monitoring of the residents.In June 2022, Fujitsu and Kawasaki City (Kanagawa prefecture, Japan) conducted trials at the simulation laboratory "Kawasaki Welfare Technology Lab" ("Weltech", a facility to support the development and improvement of welfare products and services), to test the response of the prototype of the new technology and notifications sent by the system in various behavior situations such as elderly people getting out of bed. Based on the results of these tests, Fujitsu and members of Weltech plan to conduct field trials of the prototype at an actual facility for the elderly from August 2022 onwards.Features of the new technology:1. Point group data extension technology for generating input data suitable for measurements of postures of the human bodyDevelopment of a point cloud data extension technology that can be extended to fine-grained point cloud data by selecting point cloud data suitable for the estimation of postures from a large amount of point cloud data that can be acquired by multiple radio waves(3)2. Large-scale dataset and AI model to measure postures of the human bodyConstruction of a large-scale data set that combines point cloud data with three dimensional coordinates of human joints based on point cloud data extended to sufficient granularity to estimate the position of the human body to achieve estimations with higher accuracyDevelopment of an AI model for highly accurate estimations of the position of the human body based on a dataset consisting of behavioral data from about 140 people in about 50 different scenes3. Actlyzer AI technology for complex and detailed analysis of human behaviorDetailed analysis of various human behaviors (falling after standing up from bed or during walking as well as behavior before and after falling etc.) through utilizing Actlyzer, an AI technology able to analyze complex human behavior by combining approximately 100 types of basic movement data to support nurses and caregivers in visually monitoring patients and achieving a faster response time to emergency situations(1) Behavior analytics technology Actlyzer: technology commercialized as Fujitsu's AI technology for video-based behavioral analysis solution "FUJITSU Technical Computing Solution GREENAGES Citywide Surveillance" to recognize human actions.(2) Fujitsu Japan Co., Ltd. : Headquarters: Minato-ku, Tokyo; COO and Representative Director of the Board: Takayuki Sunada.(3) Postures of the human body can be expressed as time-series point cloud data as even a general millimeter-wave sensor with a coarse granularity of point cloud data that can be acquired by radio wave irradiation at one time can achieve highly accurate estimation.The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030. Fujitsu?s purpose -- "to make the world more sustainable by building trust in society through innovation" -- is a promise to contribute to the vision of a better future empowered by the SDGs. About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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