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Pencil partners with Adobe to bring AI-generated ads to brands & agencies

Pencil

Creative AI company Pencil has partnered with Adobe to bring professional-grade, AI-generated video ads to creative teams in brands and agencies. With the mass pivot to ecommerce over the past 24 months, brands have leaned heavily on online advertising to acquire new customers and grow their businesses. However, successful online advertising calls for massive volumes of on-brand, personalized content. Pencil has been using algorithms to help brands & agencies generate online advertising content at 10x lower time and cost, while improving results by 2x, since 2018. During the pandemic, Pencil saw the need for both automation and sustainability with respect to creative jobs as companies began to shift advertising operations online. By integrating Pencil’s AI-generated ads technology with Adobe After Effects, creative teams in brands and agencies now have access to tools allowing them to operate at scale – eliminating repetitive tasks so they can focus on more conceptual work. Powering higher production value AI content with Adobe After Effects capabilities One of the main challenges of AI content generation is the production quality – professional grade transitions, animations and video effects can make or break an ad’s aesthetic, which in turn affects customer engagement and return-on-advertising-spend (ROAS). The superior visual quality enabled by Adobe After Effects gives brands and their marketing strategies an additional edge over their competitors not using AI ads. Improving creative workflows and kindling inspiration with Pencil and Adobe After Effects Integrating Adobe After Effects into Pencil enables professional creative teams already working with Adobe to seamlessly adopt AI content generation within their existing workflows. The integration not only benefits creatives, but also small business owners who can now access professional grade advertising content at an accessible low cost. Whether you’re a professional creative, large brand marketer or small business owner, Pencil joining forces with Adobe After Effects enhances the scale, quality and performance of creative work that you’re able to achieve. Rob Carliner, Co-founder/COO of Angela Caglia Skincare, commented: "Pencil is by far the best way to create winning video ads at scale. By combining Oscar-worthy AI editing software (powered by Adobe After Effects) with AI learning algorithms it effectively eliminates the guesswork out of what makes for winning ad creatives." Will Hanschell, Co-Founder and CEO of Pencil commented: “ Our decision to integrate Adobe After Effects in our platform was an easy one. Being able to provide professional-grade AI content was originally an internal challenge but we were able to turn that around with Adobe After Effects network rendering. It has also allowed us to improve the processes and workflows of our creative users, and allowed them to focus more on shaping quality content rather than repetitive creative tasks.” In addition to its new Adobe After Effects integration, Pencil leverages proprietary technology to generate video, derive insights and make predictions, as well as integrating the OpenAI API to generate ad copy. The OpenAI API provides access to GPT-3, one of the world’s most powerful language models. Pencil is among the companies approved to use it commercially. This approval requires strict criteria in AI safety and ethics. About Pencil Pencil is a Creative AI company on a mission to generate unexpected ideas that get results. Pencil generates ads that learn to perform, delivering the return on ad spend that helps brands scale their businesses. Pencil’s AI-generated ads are a new way of making ads that algorithmically optimise for creative novelty, brand relevance and return on advertising spend. It always starts from a human brief and it always involves total human editorial control. Pencil’s Creative AI platform generates ads in minutes and has been shown to double returns for brands. Pencil was founded in 2018 with a team from Google, Meta and Uber and is backed by Sequoia Capital India’s Surge, Wavemaker Partners, Singapore Innovate and Entrepreneur First. For further information visit: https://www.trypencil.com Contact Details Pencil Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.trypencil.com/

June 08, 2022 09:00 AM Eastern Daylight Time

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Simpay Selects Fee Navigator to Accelerate Growth

Simpay

Simpay, a full-service payments, payroll, and POS provider, expands partnership with Fee Navigator to power their next phase of growth. Simpay's CEO & Founder, Lazaros Kalemis, noted "This is an exciting next step for Simpay and Fee Navigator. As an innovative organization ourselves, we’re always looking to improve our services by continually updating our tech stack, which ultimately benefits our customers. The next level capabilities Fee Navigator is introducing, allows us to serve our customers faster and more accurately." The partnership expansion includes greater access to Fee Navigator’s feature-rich technology. Simpay ’s tech-enabled salesforce will be able to respond more quickly to opportunities. "When we meet with a merchant, we want to be able to help, right away. That's the Simpay way. When the discussion touches on existing processing fees and what we can offer, we instantly crunch data with Fee Navigator. There is no other tool on the market that gives us this level of response. If we come across a poor quality statement, something harder to read, or in an unconventional format, Fee Navigator provides Simpay with a team of number crunching experts, ready to turnaround statements immediately, so our people just have to focus on what they do best: sell and support our customers." said Josh Elsass, Chief Sales Officer. CEO of Fee Navigator, Adrian Talapan, added "Simpay is one of our favorite customers, because they push the envelope on what is possible when you combine advanced tech with customer-obsessed delivery. Besides the core instant statement analysis and proposal solution and the full-service capability we offer, we are excited to introduce in the next few months our AI Virtual Agent (AIVA). Imagine being able to craft digital customer experiences that combine prospect information with your firm's own data and with Fee Navigator's data, all packaged and delivered in 5 lines of code, with full design and logic customization that requires no IT involvement. Our powerful engine processes it all, and pushes the data to webhooks or APIs for consumption inside other downstream applications, such as onboarding etc. Yes, this means that even instant proposals based on real-time customer segmentation could be possible." About Fee Navigator Award-winning, AI and crowd-powered Fee Navigator empowers ISOs, banks, acquirers, ISVs and the payments ecosystem to instantly analyze, price, and propose merchant accounts. Ancillary lead funnels, email bots, and APIs enable digitally native experiences for future growth. The solution dramatically increases sales and profitability, while at the same time lowering training costs and generating time savings that could be applied elsewhere. For more information, please email info@feenavigator.com or call 844-333-4888. About Simpay Simpay, a Trevose, PA-based company, provides payment acceptance, employee management solutions, POS systems, and growth tools for businesses across North America. Since our very beginnings in 2000, our commitment to quality and transparency has been the basis of everything we do. For more information on partnering with Simpay, visit https://partners.simpay.net/ or email Marketing@simpay.net Contact Details Simpay marketing@simpay.net Company Website https://www.simpay.net/

June 08, 2022 09:00 AM Eastern Daylight Time

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Volatus Aerospace expands Latin American presence through Joint Venture

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announces a joint venture with EOLO Drones S.A.C. ("EOLO") signed on June 2, 2022. The business will be called Volatus Aerospace LATAM and will expand Volatus' commercial operations in Latin America. Under the terms of the agreement, which includes commercial activities for both civil and governmental entities, Volatus Aerospace holds 75% equity, with EOLO holding the remaining 25%. “Latin America is a vast, emerging market with exciting opportunities for drones in sectors such as mining, infrastructure, renewable energy, and agriculture,” said Luc Masse, Executive Vice President of Volatus. “Success in this region requires an understanding of language, culture, and local legislation. Volatus Aerospace LATAM will represent our brand throughout South America and execute our expansion using a strategy adapted specifically to these markets.” "Canada’s largest defence and security trade show, CANSEC, was a tremendous success for Volatus. Given the number of international delegations, it seemed appropriate to sign our joint venture with EOLO at the conference," said Glen Lynch, Volatus CEO. "Our business has expanded in Latin America, and it’s an important market for us. We are looking forward to attending Peru's inaugural drone conference this year, and I'm grateful for the personal invitation we received from Lieutenant-General Carlos Chávez Cateriano, Chief of Staff for the Peruvian Air Force." Bruno Leoni, CEO of EOLO, stated: "I am proud that we have elevated our partnership to expand our services and products across Latin America. We look forward to identifying opportunities in the market and leading the expansion. I would like to thank Volatus for making us welcome at CANSEC and choosing us to be their South American partners." About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 08, 2022 07:46 AM Eastern Daylight Time

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OPPO Launches 2022 Renovators Emerging Artists Project, Empowering Young Artists Worldwide to Innovate Through Art and Technology

OPPO

SHENZHEN, CHINA - Media OutReach - 8 June 2022 - Leading global smart device brand OPPO today announced the official global launch of the 4 th iteration of its OPPO Renovators Emerging Artists Project, inviting professional creatives, as well as students and professors at art and design institutes around the world, to submit interdisciplinary artwork that explores the fusion of art and tech. OPPO Renovators builds upon OPPO’s latest brand proposition “Inspiration Ahead” and the spirit of “Youth Inspiration” embodied by its Reno series, to encourage talented creators to unleash their creativity at the intersection of tech and art. Following three successive years of hosting the event, OPPO has developed partnerships with top art and design colleges and universities in more than 230 cities across more than 40 countries and regions around the world. To date, nearly ten thousand artists have participated in the program and several outstanding projects have been further developed with OPPO’s support. William Liu, Vice President and President of Global Marketing at OPPO, and the initiator of the Renovators program, said: “Through the OPPO Renovators, we aim to build a global platform for future-oriented art and design practices. We want to encourage young creators to engage in the creative process of integrating tech and art, contributing to building a better world through the power of innovation.” ‘Future Renovators’ and ‘Brand Renovators’ contest categories seek creative artwork at the intersection of art and technology Renovators 2022 continues its focus on the concept of “Art + Tech” by inviting artists from all over the world to submit their artwork under two contest categories — Future Renovators and Brand Renovators. Submitted artworks will be assessed by a panel of expert judges, which include Renovators program initiator, Vice Dean of the School of Intermedia Art (SIMA) at the China Academy of Art, renowned artist, and curator, Dajuin Yao; animation and contemporary art curator, and producer, Gerben Schermer; and independent curator, Visiting Professor of Kyoto University of the Arts, Takahiro Kaneshima. Offering vast room for creative freedom, the Future Renovators category encourages creators to address important social issues such as smart living, sustainability, new materials, carbon emissions reduction, security and privacy, multimedia innovation, connectivity and more. The Brand Renovators category aims to attract artwork submissions directly related to the OPPO brand. Creators entering into the Brand Renovators category will be able to choose from one of two directions — Reno Artwork and Ollie IP’s Application Design. For the Reno Artwork direction, participants can submit ideas related to the concept, design, or application of OPPO Reno series smartphones; while for the Ollie IP’s Application Design, participants are asked to devise new creative ways of utilizing OPPO’s mascot, Ollie, or even completely refashion Ollie. There are no restrictions on the form of entries accepted for either the Future Renovators 1 or Brand Renovators 2 categories, with all kinds of art mediums welcome. Through its commitment to Youth Inspiration, OPPO is building a global community for young artists to exchange ideas and grow In line with the spirit of “Youth Inspiration”, the OPPO Renovators Project aims to provide an opportunity for young art creators and art enthusiasts around the globe to test their skills, while building a community for them to exchange ideas, grow professionally, and reach an international audience. Entrants will have the chance to win prizes and products worth over RMB100,000 as well as the opportunity to have their artwork featured through international platforms such as London Design Festival and OPPO INNO Day. Furthermore, outstanding entrants will be given access to potential business partnerships and career opportunities with OPPO, reflecting OPPO’s core belief in empowering technological and artistic innovation among young creators worldwide. For more information, please visit the official OPPO Renovators 2022 website at www.oppo.com/en/events/renovators/. All artworks must be submitted before 24:00 on August 18, 2022 (GMT+8) to be eligible. The final results will be announced before 24:00 on September 8, 2022 (GMT+8). 1 Potential mediums include but are not limited to: industrial design, interactive experiences, smart wearables, digital media artwork, installation artwork, material designs, robotic artwork, etc. 2 Potential mediums include but are not limited to: video, animation, drawings, graphic design, images, product design, etc. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details OPPO International PR Team Media Contact press@oppo.com

June 08, 2022 06:00 AM Eastern Daylight Time

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Empowering inspiration at Roland-Garros 2022 tournament with the OPPO Find X5 Pro’s flagship imaging experiences

OPPO

PARIS, FRANCE - Media OutReach - 8 June 2022 - Capturing the true magic of tennis has been a challenge for fans across the world. The disparity between the imaging capabilities of smartphone technology and the action on the court has been evident to see with grainy results, blurred visuals and underwhelming colour reproduction. OPPO’s latest technological innovations empower authentic tennis experiences for tennis lovers worldwide. OPPO: Premium Partner of Roland-Garros As the premium partner of Roland-Garros for the 4 th consecutive year, OPPO hopes to bring tennis fans’ inspiration with its advanced imaging technology to witness, capture, and share the heart-stopping moments on the court. In tandem with the continued partnership, OPPO’s new brand proposition, Inspiration Ahead, at its core, is centred on technology giving people the access to achieve success by pushing the limits of what is perceived as possible. Exemplifying the new brand proposition, OPPO launched the ‘Inspirational Light’ campaign, a global activation galvanising the support of tennis fans from across the globe for their tennis heroes. Creating innovative technology is at the heart of OPPO’s ethos, and the MariSilicon X imaging NPU is a prime example of that belief. With over ten years of research and development supporting its creation, the self-designed chip is dedicated to levelling photography and videography for tennis fans with stunning HDR quality. MariSilicon X’s computational power enables true-to-life imaging experiences that can reveal the true vibrancy of the iconic clay court with the OPPO Find X5 Pro. OPPO Find X5 Pro The result is a four-time improvement in perceived night video resolution, less grain and superior colour reproduction, making 4K Ultra Night Video possible for the first time on an Android smartphone and unlocking world-class imaging capabilities that keep up with players’ action on the Roland-Garros court. The Find X5 Pro takes content capture to the next level with low-light videography. Each frame has detail, clarity, and dynamic range comparable with a still night mode photo, making any tennis supporter proud to share on social media. Low light video has been a continual issue for smartphone photography. People have had to choose between capturing beautiful moments with low-quality results or just foregoing immortalising their experiences. With 4K Ultra Night Video, thanks to the MariSilicon X imaging NPU, this remains happily relegated to the past. The Find X5 Pro can capture the intensity and spirit of the court’s notable night matches without sacrificing quality so that tennis lovers can charge their own piece of Roland-Garros history. Shooting fast-paced action with a smartphone has historically caused challenges for many. From trying to snap the volleys of the elite tennis stars to the crowd’s roaring cheers, the results can end up looking shaky and wobbly at best. OPPO’s Five-axis Optical Image Stabilisation (OIS) in parallel with Ultra-Clear Shot and three-degrees anti-shake technology creates smooth and professional content without lag and incredible quality. Shot on OPPO Find X5 Pro: Court Philippe-Chatrier OPPO’s ‘Inspirational Light’ campaign, devised from the new brand proposition “Inspiration Ahead”, brings tennis fans globally to champion some of the world’s standout athletes. Inspiring messages of support from the avid tennis community were used to create striking yet beautiful light painting imagery showcased on the red clay court on each night of the tournament. At the end of each night match, when the stadium’s lights were turned off, OPPO’s expert light painting crew ‘painted’ the fans’ best comments using OPPO’s Find X5 Pro’s long exposure photography capabilities. The stunning visuals were captured by OPPO Find X5 Pro, with photos and videos posted across social media. Inspiration to succeed is pulled from both tennis stars and their fans. Shot on OPPO Find X5 Pro: Light Painting For tennis stars, the fans standing before them in the stadium inspire them to play with heart and perform their best. For the fans, it’s the players they admire on the court who encourage them to never give up and keep pushing the boundary. OPPO's industry-leading mobile technology will also inspire more people to witness, capture and participate in these real emotions and spirits on the court. With Roland-Garros 2023, OPPO will continue to be the premium partner for the legendary tournament. The leading technology company plans to bring even more tech innovations that excite tennis fans worldwide through standout imaging experiences. Bringing to life and reliving the true magic of the court is made simple with OPPO. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 50 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details OPPO Media Contact press@oppo.com

June 08, 2022 05:00 AM Eastern Daylight Time

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Retention Cloud Leader CleverTap Unveils TesseractDB™

CleverTap

CleverTap, the world’s No. 1 retention cloud, today announced it has unveiled TesseractDB ™, the world’s first purpose-built database designed to dramatically improve user engagement and retention for digital consumer brands. TesseractDB ™ brings true technology innovation to growth marketing leaders looking to deliver in-context, timely, personalized messaging and recommendations across all user touchpoints. TesseractDB ™ makes massive amounts of first-party user data in a privacy-friendly, accessible, and affordable way to power real-time user personalization. Leveraging machine learning and Artificial Intelligence (AI), it offers limitless scale and enables digital brands and businesses to harness data and context for every interaction. User engagement and retention start from Day One when a user launches an app for the first time. Research estimates that nearly 85% of all messaging is considered spam, an average of about 122 billion messages globally. About 36% of spam content is generated from ill-timed, non-personalized marketing messages. This problem continues to be prevalent due to the limited data technologies that are patently unable to store the massive volumes of first-party data required to offer a truly personal customer experience. “Today, we are excited to unveil TesseractDB ™, the data technology that powers the CleverTap platform. It will allow global growth marketing teams to achieve true omni-channel customer engagement,” said Sunil Thomas, CleverTap Co-founder and Executive Chairman. “In the last 40 years, MarTech vendors have cobbled together generic off-the-shelf data technologies in an effort to solve for end-user messaging. These technologies have been limiting, and as a result, brands simply cannot fully unlock their own user data for real and meaningful relationship building. To transition away from the spam and transactional communication that is so prevalent in MarTech today, we must make user data available, affordable, and easily accessible. This is why we invented TesseractDB ™.” TesseractDB ™ is a giant technological leap that removes all data related limitations typically associated with the MarTech industry. Using TesseractDB ™, digital brands can offer each user a magical onboarding experience and continue to deliver delightful experiences throughout their journey. TesseractDB ™ enables CleverTap to offer unmatched technology, features, and capabilities - Unlimited data look back periods without any limitations High speed, scale, and unmatched throughput Rich, granular first-party user data storage Built-in real-time machine learning and AI Hyper-personalized engagement and recommendations “Until now, data look back and access limitations, created by overages and cost, prevented brands from unlocking the full potential of first-party user data for engagement. This is a deep tech and science problem. With TesseractDB ™, CleverTap provides the industry’s most versatile segmentation and data processing engine for mobile engagement, ” says Momchil Kyurkchiev, Chief Strategy Officer, CleverTap. He adds, “TesseractDB ™ is designed to provide MarTech professionals a cost-effective and efficient way to capture unlimited data streams and deliver actionable insights and analytics to drive personalization and engagement.” About CleverTap CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML-powered insights and automation. Customers worldwide representing over 10,000 apps, including Premier League, Bolt, Truecaller, Current Mobile, Trebel, Zé Delivery, TitleMax, YouNow, Albo, Vodafone Idea, SonyLIV, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue. Backed by leading venture capital firms, including Sequoia India, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit https://clevertap.com/ or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

June 07, 2022 03:38 PM Eastern Daylight Time

Web3 Computing has Great Growth Potential, says Huobi Research Institute

Huobi Research Institute

While the adoption of Web2 computing technologies has gained traction in both the consumer and enterprise segments, security breaches and privacy concerns continue to mar this space. Web3 computing, with its inherent ability to alleviate such issues, will likely see massive growth in the near future and eat into Web2 computing’s market share, says a report by Huobi Research Institute. In Web3 computing, compute power from each user is shared across the blockchain network for data processing. User data is protected by a private key while data computed is verified by public key. Data is then networked from blocks to miners in a proof of work system, or validators in a proof of stake system. Results are generated when miners or validators compute the data from the blocks. Titled “ Web3 Computing: Where are the Opportunities and How to Avoid Traps ”, the report contends Web3 computing has room to grow in the decentralized cloud computing, distributed Artificial Intelligence (AI) and decentralized Virtual Private Network (dVPN) segments and examines each in detail. The report notes that centralized entities, which are prevalent in the Web2 world, are susceptible to data breaches because of the way data is stored, transferred and networked. As a single set of nodes is responsible for protecting multiple data sources, Web2 computing is subject to a single point of failure. Data colonialism is also of concern, with questions raised over data ownership by current tech giants. Web3 computing’s focus on user privacy will combat such concerns and fuel its growth. Demand for Web3 computing will be dependent on demand from other blockchain networks, NFT data links and marketplaces, Augmented Reality (AR), Virtual Reality (VR), and Peer-to-Peer (P2P) enterprises. Blockchain-powered AI processing and computing has the potential to solve automation bottlenecks as on-chain data fed by users could drive neural networks to learn much faster than they do today using Web2 technologies. Such improvements in automation could solve existing problems present in the healthcare and manufacturing industries, among others. In the dVPN market, focus will be placed on forging private and secure connections, as data is processed on-chain. “The AI and deep-neural network market backed by the power of the blockchain is still in its early stages of development but holds great potential to add value to enterprise applications,” says Dave Lee, Researcher at Huobi Research Institute and author of the report. “The dVPN market will also see growth in the near future as citizens demand greater privacy and censorship-resistant networks.” To download the full report, click here. About Huobi Research Institute Huobi Blockchain Application Research Institute (referred to as "Huobi Research Institute") was established in April 2016. It is committed to researching and exploring new developments in the global blockchain industry. Its goal is to accelerate the research and development of blockchain technology, promote its applications, and improve the global blockchain industry ecosystem. Huobi Research Institute covers industry trends, emerging technologies, innovative applications, new business models, and more. Huobi Research Institute partners with governments, enterprises, universities and other institutions to build a research platform that covers the entire blockchain industry. Its professionals provide a solid theoretical basis and analyze new trends to promote the development of the industry. Contact Details Ker Zheng +86 139 2280 3249 media@global-hgroup.com Company Website https://huobiresearch.medium.com/

June 07, 2022 11:00 AM Eastern Daylight Time

Telos Blockchain Sponsors Unbound Now Gala

Telos Foundation

The Telos Foundation is proud to announce that it will be the official sponsor for the 2022 Unbound Now Gala happening on June 7th in Waco, Texas. Telos is firmly in favor of all that Unbound Now stands for and has accomplished as a non-profit organization and is pleased to support them as they continue to provide aid for humanity’s most vulnerable. Tuesday’s gala celebrates 10 years of Unbound Now’s work to end human trafficking in local communities and around the world. Telos believes that global ESG concerns such as human trafficking, an illicit practice that has more than tripled in the last decade, must be eradicated at all costs. Unbound Now is leading the effort to help save the victims from this heartless act. Founded in the United States in 2012, Unbound Now has grown substantially, launching in several locations worldwide, including Cambodia, Mongolia, Indonesia, South Africa, and various countries in Europe. While their operations vary from one city to the next, Unbound offers three main lines of effort: Prevention and Awareness: Unbound Now works to educate and empower youth, spread awareness through citywide outreaches and provide human-trafficking presentations to groups and organizations. Professional Training: Unbound Now provides training to equip all professionals to use their skills to identify and serve victims of human trafficking. Survivor Advocacy: Unbound Now advocates for victims and survivors by meeting immediate needs, supporting survivors and their families, and connecting each survivor with resources for his or her unique restoration journey. The values and principles of the Telos team are closely aligned with those of Unbound Now and looks forward to making its contribution to put an end to human trafficking - once and for all. About Telos Live since 2018, Telos Blockchain (ticker: TLOS) is an ESG compliant Layer 1 smart contract platform that offers full-service compatibility with Solidity, Vyper and Native C++ smart contracts. The chain along with all of its departments operates at Net Zero status and offers the use of its fair smart contract powered governance system to any interested organization in modular fashion. The chain is capable of finalizing over a billion low-fixed-cost (w/ a feeless option) transactions per day. Since the launch of mainnet, Telos has operated with a flawless network uptime record. The validators of the network are globally decentralized, vetted (KYC) and are all equitable in size. Telos is one of the only Layer 1 Blockchain to be both credibly neutral in both its finances and its architecture. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

June 07, 2022 10:21 AM Eastern Daylight Time

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Minuteman Press Franchise Owner Ken Tays Receives Veteran Business Award from NJ State Veterans Chamber of Commerce and The American Legion

Minuteman Press International Inc

US Army Veteran Ken Tays, who owns the Minuteman Press franchise in Newark located at 20 Clinton St., was recognized with the award for Veteran Business under $3 Million by the NJ State Veterans Chamber of Commerce (NJSVCC) and The American Legion at the Disabled Veteran and Veteran Business Summit. The event was held on May 10 th, 2022 at Middlesex College in Edison. The Summit connected over 100 Veteran-owned businesses with private companies and state agencies to help facilitate partnerships on upcoming projects. Ken says, “It was a real honor to attend the Summit, connect with so many other Veterans and supporters of Veterans, and receive such a prestigious award from the New Jersey State Veterans Chamber and The American Legion. My business, Minuteman Press in Newark, is a small, Veteran-owned franchise, and an event like this is really helpful and inspiring to me.” Ken served in the US Army for 11 years and then earned his degree in financial services. Ken shares, “I worked as a Federal Bank Regulator for 12 years and then entered the private sector working for companies like PwC and Citibank. I decided to research franchise opportunities because I wanted to be my own boss.” In 2019, Ken bought Minuteman Press in Newark. He took over the successful business from Holly Kaplansky, who retired after owning and operating Minuteman Press in Newark for 15 years. Ken says, “At its core, Minuteman Press International is a family-owned business. I went out to Long Island and CEO Bob Titus talked to me for an hour and a half. I was looking for a printing franchise that had that family-like atmosphere and wasn’t so corporate. The other franchises I looked into just didn’t have that same feel to them where I felt comfortable like I did with Minuteman Press.” As for why Minuteman Press is the right fit for Veterans, Ken shares, “I feel like this is my business and yet Minuteman Press provides me with that security blanket of local support and guidance. I have no printing experience and the training and ongoing assistance from Jim Galasso and the local field staff here in Newark really helps me. I know I can contact anyone in the company and they will respond and be there without breathing down my neck all the time.” When asked about the rewards of owning his own business, Ken’s first inclination is to say, “Work life balance. That is something I feel like I have even though I am working hard and always on. I love the challenge of running my own business and being responsible for everything. I spent a lot of time in corporate America making money for other people and I wanted to do this. There are ups and downs but it’s on my time.” Ken’s advice for others who are looking into business ownership or franchising is, “I would say that I looked at a lot of businesses. Find something that is a good fit for you, and find a franchisor that has what you’re looking for. I spent several months doing my due diligence, and once you make that decision, you have to be committed.” For more information on Ken Tays’ Veteran-owned Minuteman Press business in Newark, NJ, visit https://www.mmpnewark.com. Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 07, 2022 10:00 AM Eastern Daylight Time

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