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Lisk Integrates with LayerZero to Enhance Interoperability

Lisk

Lisk, a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum, is excited to announce its collaboration with LayerZero, the leading cross-chain messaging protocol. This integration marks a significant step towards enhancing the interoperability of the Lisk ecosystem, enabling developers and users to leverage LayerZero’s advanced bridging solution. With this integration, Lisk developers will gain access to LayerZero as a messaging layer, allowing for seamless token transfers and omnichain application development across supported chains. This enhancement simplifies app deployments, fostering a more vibrant developer community and user experience. This integration empowers developers by allowing them to easily transfer arbitrary data and external function calls while maintaining complete control over their applications, fostering an environment where they can innovate with confidence. Notably, Lisk is distinguished as one of the networks within the Optimism Superchain to integrate with LayerZero, highlighting its commitment to building robust solutions within web3. "This integration reflects our belief in LayerZero’s ability to provide the safest interoperability solution for web3 users,” said Dominic Schwenter, COO of Lisk. “By connecting the Lisk and LayerZero communities, we’re breaking down longstanding barriers to interoperability, which is essential for innovation in emerging markets and beyond.” Simon Baksys, VP of Business Development at LayerZero, added, “The team at Lisk has carved out a unique focus on emerging markets, representing the untapped potential for web3. We are excited to be part of this story." This partnership addresses a crucial need for improved interoperability for developers building on Lisk, facilitating their entry into the rapidly evolving web3 space. For more information, visit Lisk and LayerZero. About Lisk Lisk is a Layer 2 blockchain dedicated to bringing web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain. For more information, visit us on X and join our network of builders to start building for the real world. About LayerZero LayerZero is the leading blockchain messaging protocol LayerZero. LayerZero's advanced messaging infrastructure seamlessly connects over 30 blockchains and facilitates transparent and secure cross-chain messaging from one easy-to-use interface. Since going live in March 2022, the LayerZero protocol has processed more than 20 million messages with thousands of mainnet contracts being deployed by thousands of developer teams. Backed by leading venture capital firms including a16z, Sequoia, Binance Labs, Christie's, Lightspeed, Opensea, Bond, Samsung Next, and GBV, LayerZero was recently valued at $3 billion. Developers building on LayerZero can create interoperable, omnichain dApps, which will lead to the establishment of a unified digital asset ecosystem. Contact Details Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

October 31, 2024 09:00 AM Eastern Daylight Time

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YXT.COM Is Turning The Corporate Training Market On Its Head With Its AI First Approach, And It’s Already Made A Name In China

Benzinga

By Meg Flippin, Benzinga Thanks to rapid internet penetration in China over the past decade, advances in artificial intelligence and the acceleration of the digital economy in one of the world’s most populous countries, digital learning, particularly among companies, seems to be taking off. As of 2023, the digital corporate learning market in China was valued at RMB 126.0 billion, according to Frost & Sullivan. Its forecast is to reach RMB 300.0 billion in 2028, growing at a CAGR of 18.9%. Among large enterprises in China, the market is projected to grow at an even higher CAGR of 20.5%. It makes sense that companies are embracing digital training, even without considering the disruptive impact of AI. Not only does digital training reduce costs for enterprises, it gives companies of all sizes access to a wide range of learning resources that can improve engagement and increase outcomes among workers. The old way of training, which typically relies on in-person educators to address a broad group of workers, tends to be more costly and can be relatively untargeted. With digital training, employees can learn at their own pace and engage in content geared toward their unique needs, which many enterprises are betting will improve engagement and outcomes. It comes at a time when AI, machine learning and other technology developments are reshaping the way we work and the skills we need. Enterprise self-training is expected to play an important role in readying the workers of tomorrow. While China’s enterprise digital learning market has shown growth in recent years, one company citing Frost & Sullivan data believes there’s still significant room for improvement in the penetration rate of enterprise digital learning. Welcome To The Era Of Self-Training That’s what YXT.com – or YXT.com Group (NASDAQ: YXT) – the Chinese digital enterprise learning solutions provider, is betting on. The company is leveraging a SaaS services model to usher in a new era in corporate training, allowing companies to target content to specific groups and skill sets online. It’s why YXT.com has 2,545 customers in about 20 industries, including over 200 Chinese Fortune 500 enterprises. Some sectors using YXT.com’s digital learning software include manufacturing, new retail, catering, finance and automotive. YXT.com counts well-known enterprises like Schneider Electric SE (​​OTC: SBGSY), Shiseido Co. Ltd (OTC: SSDOY), Sany Group, Yunnan Baiyao Group Co. Ltd (SHE: 000538), Huazhu Group (NASDAQ:HTHT) and NIO Inc. (NYSE: NIO) as customers. Among its subscription customers, YXT.com says the net revenue retention rate was 106.1% at the end of March. At last check, YXT.com offered its customers more than 8,200 courses with a total learning time of over 20,500 hours. Of that, 6,800 hours are proprietary courses. Technology Underpins The Offering YXT.com can offer so much digital learning content thanks to its focus on leveraging technology to provide customers with targeted training and learning paths for employees based on their positions and required skills. Using the insights the company has gleaned across different industries and business scenarios, YXT.com says it can offer companies a personalized recommendation engine that designs optimal learning paths for employees. The company says its solutions accurately match personnel, positions and courses for employees across China. Embedded in its learning platforms are speech recognition, adaptive learning, anti-cheating and simulation training, which make corporate learning more intelligent, exciting and effective, reports YXT.com. Cash In The Coffers After IPO The company’s successes include a U.S. listing. YXT.com went public on the NASDAQ in August, raising $25 million. Proceeds of its IPO are going to grow the business via research and development and technology investments, brand marketing and business promotions. The company is targeting enterprises with over 1,000 employees with its digital training platform. It’s an area of the market that Frost & Sullivan predicts will grow at a CAGR of 20.5% from now until 2028. YXT.com says focusing on large enterprise customers is speeding its path to profitability. The company says large enterprises have recurring annual budgets in place for enterprise learning, which gives YXT.com access to more stable revenue. Since focusing on large enterprises, the company says it has reduced sales, R&D and management expenses. "YXT.com's successful listing on the US NASDAQ is an important milestone in the company's development journey and a new starting point,” YXT.com’s founder and chairman Lu Ruize said at the time of the IPO. “After completing the listing, YXT.com will leverage the power of the capital market to provide more competitive products and better services to customers with stronger technological capabilities in the AI era, promoting the digital and intelligent development of China's human resources technology and enhancing the global competitiveness of Chinese enterprises." YXT.com’s stock may not be as high as when it went public in August, suffering from what may be a lack of attention from the capital market. Still, the company sees a big opportunity in bringing China’s workforce into the digital age thanks to its technology-driven adaptive learning SaaS model, and Frost & Sullivan data cited by the company in a regulatory filing states that YXT.com was already the largest digital corporate learning solution provider in China in terms of total revenue, subscription revenue and number of subscription customers in 2023. With the digital training market taking off and a client roster that includes big-name companies, YXT.com may be worth keeping an eye on for those interested in the market. Featured photo by Headway on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 31, 2024 08:35 AM Eastern Daylight Time

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iLearningEngines, Inc. Shareholders who Lost Money on Their Investments are Encouraged to Contact Johnson Fistel about the Class Action Lawsuit

iLearningEngines Inc

Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of iLearningEngines, Inc. (NASDAQ: AILE) that seeks to recover losses on behalf of investors who acquired between April 22, 2024, and August 28, 2024, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than December 6, 2024. If you incurred losses and want to act as the lead plaintiff in the class action lawsuit or determine if you are eligible to receive a potential recovery of your losses, follow the link provided: POTENTIALLY RECOVER YOUR LOSSES HERE For more information, contact James Baker, at (619) 814-4471, jimb@johnsonfistel.com or fjohnson@johnsonfistel.com The complaint alleges that defendants made false statements and/or concealed that: (1) the Company's "Technology Partner" was an undisclosed related party; (2) the Company used its undisclosed related party Technology Partner to report "largely fake" revenue and expenses; (3) as a result of the foregoing, the Company significantly overstated its revenue; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Johnson Fistel began an investigation on August 27, 2024, when Hindenburg Research issued a report on iLearningEngines highlighting some concerns regarding the company's operations. According to the report, in November 2023, before the IPO, the SEC inquired whether the “Technology Partner” was a related party. The company replied that it was not. Hindenburg states further that “Technology Partner” is a UAE-based entity named Experion Technologies, identified through documents related to a debt transaction. We believe this entity is an undisclosed related party, suggesting that iLearningEngines misled the SEC. According to a 2020 web capture, the American contact for Experion was listed as the CEO of iLearningEngines. Additionally, a 2022 web capture showed the American address for Experion as the personal residence of iLearningEngines’ CEO. Investor Action Steps: Shareholders who incurred losses during the class period have until December 6, 2024, to move the court to become a lead plaintiff in this action. A lead plaintiff will act on behalf of all other class members in directing the class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor's ability to share any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. About Johnson Fistel, LLP | Top Law Firm, Securities Fraud, Investors Rights: Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have made purchases on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, LLP can help you recover your losses. For more information about the firm and its attorneys, please visit www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes. Attorneys may perform services in any of our offices. Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Media Contact Details:- Johnson Fistel, LLP 501 W. Broadway, Suite 800, San Diego, CA 92101 James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471 jimb@johnsonfistel.com or fjohnson@johnsonfistel.com NewsSource: PinionNewswire LEGAL DISCLAIMER: The information included in this press release from " Johnson Fistel, LLP " is not intended or implied to be a substitute for professional advice, diagnosis, or treatment. All content, including text, graphics, images and information, contained in or available through this press release is for general information purposes only. Neither PinionNewswire nor its distribution partners make any representation and assume no responsibility for the accuracy of the information contained in this press release, and such information is subject to change without notice. You are encouraged to confirm any information obtained from this press release with other sources and review all information. Contact Details Johnson Fistel, LLP James Baker, Investor Relations +1 619-814-4471 fjohnson@johnsonfistel.com

October 30, 2024 02:02 PM Eastern Daylight Time

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NowSecure Launches PTaaS to Secure Roku, WebOS, Tizen, AndroidTV and tvOS Apps

NowSecure

NowSecure, the leading provider of mobile app risk management solutions, has expanded its mobile Pen Testing as a Service (PTaaS) offering to include security, privacy and compliance testing for apps on popular streaming, gaming and media platforms. Delivered via NowSecure Platform, the enhanced mobile application security testing service covers platforms such as Roku, WebOS, Tizen, Android TV OS, PlayStation, Xbox, tvOS and HarmonyOS, providing comprehensive, scalable security testing to help organizations mitigate risks and protect their reputation. Expansion of NowSecure security testing to cover apps on additional critical operating systems is essential for companies as they develop apps for connected devices.These platforms handle sensitive data like user credentials, payment information and personal preferences and run on operating systems whose security and privacy is more challenging to test. “Building on our success in mobile application security testing for streaming apps, we’re now expanding to protect apps on TV and gaming platforms,” said NowSecure CEO Alan Snyder. “By broadening our PTaaS capabilities, NowSecure ensures that businesses can protect user data and comply with privacy mandates across a full spectrum of operating systems, from smartphones to streaming to IoT devices and everything in between.” Why TV and Gaming Apps Require Strong Security Streaming devices and gaming consoles now support a wide range of apps for streaming, e-commerce and more. Platforms such as Roku, PlayStation and Android TV OS are found in millions of households worldwide, making them significant targets for cybercriminals. Security vulnerabilities on these platforms can enable attackers to access microphones and private data collected from connected systems, violating customer privacy and damaging corporate reputations. In the most severe scenarios, attackers can take control of the apps and IoT devices which can create a physical security issue in addition to the privacy issues. NowSecure cloud subscription-based PTaaS helps developers and security teams continuously secure apps via: Standards-based, on-demand penetration testing to identify app vulnerabilities across multiple environments, including streaming and gaming platforms Integration into ticketing and vulnerability management systems and detailed reporting and remediation guidance to resolve issues before release Historic record and audit trail of testing results and policy attestation Customized Security Testing Across Leading Platforms NowSecure PTaaS is designed to meet the unique security requirements of each platform: Roku: Focus on vulnerabilities related to authentication, API security and user data privacy Tizen & WebOS: Rigorous security assessments for smart TVs from Samsung and LG smart TVs, targeting secure data transmission and code integrity PlayStation & Xbox: Pen testing for streaming apps and utilities that run on popular gaming consoles HarmonyOS & Android TV OS: Comprehensive testing for apps on these growing platforms, addressing third-party library vulnerabilities and secure communication protocols. “As more devices integrate apps and connect to home networks, securing those apps is essential,” said Michael Krueger, senior director of application security services for NowSecure. “Our expanded PTaaS ensures that apps on these platforms meet the highest security standards, protecting customers and enabling safe digital experiences.” Securing the Future of TV and Gaming Apps The expanded NowSecure PTaaS offering provides companies developing apps for TV and gaming platforms with the tools they need to reduce the risk of breaches, regulatory fines and brand damage. NowSecure delivers on-demand penetration testing and actionable insights, helping organizations stay ahead of emerging threats in fast-evolving environments. To learn more about securing your apps on TV and gaming platforms with NowSecure PTaaS, visit our website, read our blog and contact us to discuss. ABOUT NOWSECURE Mobile apps define an enterprise’s digital presence and drive engagement with both employees and customers. However, the rapid pace of mobile innovation introduces security, safety and privacy risks that traditional risk management technologies often miss. By partnering with NowSecure to build a Mobile Applications Risk Management (MARM) program, organizations are better protected against the risks that plague the largely insecure mobile app ecosystem. NowSecure provides policy-driven progressive testing tailored to risk tiers, combining automated continuous assessments with expert Pen Testing as a Service (PTaaS) to pinpoint and remediate security, safety, and privacy issues. This approach shrinks the mobile app attack surface and accelerates app releases. Built on a foundation of industry standards by mobile security experts, NowSecure safeguards many of the world’s leading brands and their employees, partners and customers. Contact Details Jon Brody +1 202-240-7611 press@nowsecure.com Company Website https://www.nowsecure.com/

October 30, 2024 10:30 AM Eastern Daylight Time

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Avenue Z Launches New Public Affairs Practice to Help Clients Navigate Complexities of Modern Advocacy

Avenue Z

Avenue Z, a media and technology company, today announced the launch of its Public Affairs Group, a multidisciplinary, strategic practice designed to shape client outcomes in public and private advocacy, shareholder activism and ESG, philanthropy and civil society, and regulatory environments. In response to the growing power and control from big media companies and tech companies, Avenue Z’s new Public Affairs Group leverages a blend of communications, media, creative, and technology to affect meaningful change. The company’s approach supports clients to achieve consensus and desired outcomes by connecting highly targeted content to the right audiences at the right time, building trust. “The way the public is gaining information and forming perspectives has changed, and organizations need to engage their audiences across all channels in new ways,” said Nneka Etoniru, Avenue Z’s EVP of Global Brand Strategy and lead of the new Public Affairs Group. “Our solutions are uniquely positioned to help clients achieve lasting influence by guiding them through critical moments, enhancing their public image, and accomplishing their goals.” “Making a quantifiable impact in public affairs, akin to brand marketing or reputation management, requires both human and technology-informed approach,” said Jeffrey Herzog, Avenue Z founder and CEO. “Our strength lies in blending storytelling, media, and data to create influential connections across channels - from the Wall Street Journal to TikTok." Avenue Z’s Public Affairs practice is tailored to serve a diverse range of clients, including: Private Sector: Helping corporations gain consensus among decision-makers and standard bearers, secure contracts and public-private partnerships, and win necessary approval. Public Sector: Assisting municipal, state, and federal agencies with raising awareness, launching public health initiatives, combatting electoral misinformation, and developing educational campaigns across demographics. High-Profile Public Figures: Assisting in navigating public opinion, counter-influencing harassment campaigns, managing crises, and curating strategically engaging online conversations to protect their reputation. Charities and Philanthropies: Supporting non-profits in raising funds, advancing agendas, enhancing prestige, and navigating challenges to maximize organizational impact. Trade Organizations and Industry Groups: Helping industry-specific organizations advocate for their members' interests, inform external audiences on policy impact, and shape public perception of their industry. Along with the practice launch, Avenue Z has released an insightful trends report, offering a deep dive into the latest shifts shaping public policy and communication, helping organizations stay ahead of the curve. Public Affairs Trend Report 2024: Shaping Perception and Driving Outcomes in High-Stakes Environments covers trends impacting key sectors from healthcare to fintech, venture capital, emerging tech, manufacturing, and more. Read the full report, here. Avenue Z’s ability to lead high-stakes special situations is built on a foundation of expertise lasting more than 25 years. The company’s heritage dates back to 1998, when digital visionary and entrepreneur Jeffrey Herzog pioneered search engine marketing and later, sold iCrossing, his first digital media company, to Hearst Magazines for $450 million. Avenue Z is a media and technology company breaking traditional boundaries between marketing, advertising and PR to increase client revenue and elevate their reputation. From the Wall Street Journal to TikTok, PR to social and search, we create narratives that drive commerce, connections, and conversion, across all channels. With experts, tech and teams based in New York, Orlando, Miami and global reach - we drive influence. Visit www.avenuez.com Contact Details Avenue Z Rachael Zahn +1 407-637-2833 press@avenuez.com Company Website https://www.avenuez.com/

October 30, 2024 07:48 AM Eastern Daylight Time

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VidAU Unveils Revolutionary AI-Powered Video Analytics Platform, Revolutionizing Video Data Processing for Business

Rev Up Marketers

VidAU, a leading pioneer in video analytics tech, has introduced an industry-changing AI-powered video analytics platform to transform how businesses use video data to gain critical insights. It’s an advanced platform that integrates the latest artificial intelligence for real-time analysis and delivers users with precise information they can act on. This development is a major step forward for video analytics and gives companies a new way to understand customer behavior, improve operational efficiency, and increase security measures. VidAU platform answers the increasing demand for sophisticated video analytics solutions in industries that necessitate immediate data analysis. With VidAU's deployment of AI into video data processing, we have devised a system that enables businesses to receive detailed insights in seconds, turning raw footage into usable data for decision-making. Users of all technical expertise levels will appreciate the user-friendly interface that makes the platform mainstream and suitable for use by organizations across. Perhaps most notably, the VidAU platform offers real time feedback to companies allowing them to react quickly to emerging trends and potential problems. The platform’s analytics are flexible and suitable for use in many industries, like retail and finance, security, and public spaces. By designing the technology around flexibility and accuracy, VidAU has raised the bar for reliability in data interpretation of video, delivering a new recommendation in the field. VidAU's latest platform also includes more advanced customization options so users can modify parameters and outputs to fit the needs of a particular organization. This gives businesses the opportunity to set optimal settings based on what they want to achieve; whether it is maximizing customer engagement, minimizing operational bottlenecks, or improving the on site security. According to this, VidAU provides customizable solutions for its clients. A link to video demonstration is available for those who want a complete view of the platform’s capabilities, highlighting the simplicity of integration and the new video analytics solution VidAU dynamic features. The goal of this demonstration is to give potential users a clear idea of what the platform looks like and how it can serve various industry uses. VidAU has always believed that innovative AI could be leveraged to create digital tech solutions that transform businesses. The launch of this new platform supports VidAU's goal to empower organizations through the delivery of the tools necessary to make massive amounts of video data actionable. As a company with a focus on innovation and customer success, VidAU maintains its leadership in the industry, developing solutions that meet the needs of today’s modern business. As the need for video data analytics increases, VidAU’s platform will be a necessary tool for companies that seek to fully exploit their video assets. This solution does not only allow companies to analyze customers' behavioral trends and operational trends in an effective way, but also helps to proactive spot problems that might otherwise remain unnoticed, and present the data with good readability and a manageable size that even a young learner could read. About VidAU: VidAU is a leading innovator in AI-powered video analytics, dedicated to transforming how businesses harness video data. With a focus on delivering advanced technological solutions, VidAU enables organizations to make informed decisions through insightful data analysis. The company’s commitment to innovation and customer success has positioned it as a trusted partner for businesses seeking to maximize the value of their video assets. For more information about the platform and to view the demonstration, visit https://www.vidau.ai Contact Details Nate Leigh pr@aestheticsmarketing.com Company Website https://aestheticsmarketing.com/

October 30, 2024 06:57 AM Eastern Daylight Time

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TRON Returns to Nigeria for TRON Connect Africa Community Event

TRON DAO

Geneva, Switzerland,October 29,2024 – TRON DAO brought together students and industry professionals for a day filled with discussions, networking, and educational sessions at the TRON Connect Community Event in Uyo, Nigeria. Held at the University of Uyo, the event brought together over 200 students from across Nigeria. Program Highlights Educational Workshops: Throughout the event, TRON DAO local community members hosted a series of educational workshops focused on utilizing TRON platforms to provide services that enable individuals to leverage blockchain technology. These sessions explained how TRON’s stablecoin solutions are driving adoption within emerging markets, showcasing real-world applications of blockchain technology in various industries. In addition to this, George Rodriguez, Tron community projects’ Co-founder, spoke about TRON’s Hackathon, which recently closed submissions for its seventh season. HackaTRON attracted builders from around the world to develop decentralized applications (dApps) across five tracks: Builder, Integration, DeFi, Artistry, and Web3. Gaming Tournaments: Tapping into the growing gaming culture in regions like Nigeria and South Africa, the tournament featured TRON-based games, showcasing blockchain’s role in revolutionizing the gaming industry through digital ownership. By engaging students in discussions on owning digital assets and unlocking new opportunities in gaming through blockchain, TRON is helping to shape the future of crypto adoption within the gaming community. Importance of TRON Africa Initiatives TRON’s events in Africa play a crucial role in empowering local communities by increasing blockchain literacy. These events help people understand the fundamentals of decentralized technology, allowing them to explore new ways of improving financial inclusion and creating innovative solutions. Steven Bischoff, a TRON Community Spokesperson, said: “From the heart of Africa to every corner of the globe, TRON remains committed to building a future where blockchain technology is accessible to all.” About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 267 million total user accounts on the blockchain, more than 8.7 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 29, 2024 10:37 AM Eastern Daylight Time

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Aeva Technologies Inks Multi-Year Deal With The Indoor Lab, Growing Its Commercial Momentum And Increasing Revenue Potential

Benzinga

By Meg Flippin, Benzinga In what is further evidence of the growing adoption of Aeva Technologies Inc.'s (NYSE: AEVA) differentiated technology, the maker of advanced FMCW 4D LiDAR sensors inked a multi-year sensor supply deal with The Indoor Lab, a LiDAR perception and analytics solutions company. Indoor Lab operates a LiDAR analytics platform used to improve safety, security and operational efficiency for major U.S. airports, mass transit railways, agriculture, smart infrastructure at theme parks and other large venues across the U.S. and for cities at a broader level, as well. The multi-year agreement marks the first industrial customer production win for Atlas, Aeva’s next-generation 4D LiDAR. Notably, sensor shipments are beginning this month and planned to ramp up in 2025 to support multiple projects at scale, the companies reported. Importantly, this deal can provide increasing near-term revenue opportunity for Aeva ahead of its production launch with Daimler Truck, as well as complement its other production programs such as the one with Nikon and May Mobility. Initially, The Indoor Lab will integrate Aeva’s 4D LiDAR at some of the nation’s largest and most heavy-traffic airports including John F. Kennedy International Airport’s New Terminal One and San Francisco International Airport. The Indoor Lab also plans to use Aeva’s sensors for yet to be disclosed integrations in agriculture and in smart infrastructure at theme parks, cities and other large venues across the U.S. “We have evaluated nearly all time-of-flight 3D LiDAR technologies on the market today and selected Aeva because we see significant advantages in its 4D LiDAR technology,” said Patrick Blattner, founder and CEO of The Indoor Lab. Why Is Aeva Winning In The Market? Aeva’s advanced LiDAR technology uses a low-power continuous laser beam to measure range and velocity at the same time, which it says unlocks new levels of perception by instantaneously discriminating between moving and non-moving points and knowing the precise velocity of objects in motion. The company’s LiDAR technology integrates all key LiDAR components onto a silicon photonics chip in a compact module, which enables a small and scalable solution that the company says opens the door for a variety of automation applications. Under the terms of the deal, Aeva 4D LiDAR will be integrated into The Indoor Lab’s Overwatch Perception Platform, a component of its Enterprise Analytics Suite for Critical Infrastructure. That platform provides data for round-the-clock AI-powered analytics to monitor and manage indoor and outdoor environments. “Aeva is the first to commercialize 4D LiDAR for production at scale and its technology brings crucial advantages to our analytics platform including the addition of instant velocity data and the inherent immunity to sunlight interference,” said Patrick Blattner, founder and CEO of The Indoor Lab. “By selecting Aeva, we have future-proofed our perception analytics platform for critical infrastructure throughout the U.S. and will be able to provide the most comprehensive and advanced solutions for our customers at scale.” Going Beyond The Automotive Market The deal with The Indoor Lab builds on Aeva’s expansion into the industrial and security markets. In late July, Aeva was selected by a top U.S. National Security Organization to help protect critical energy infrastructure sites across the United States. Aeva’s sensors are expected to be the primary detection sensors to protect sensitive locations in various facilities from intrusions, such as water entries and exits and perimeter fences. Aeva says this national defense security organization selected Aeva 4D LiDAR after evaluating multiple sensing technologies, including 3D time-of-flight LiDAR. “Aeva is seeing significant momentum in the market following recent wins in automotive and industrial including our recent selection by a top national defense security organization,” said James Byun, managing director of business development at Aeva. “This key production win with The Indoor Lab solidifies Aeva’s position in the industrial market as the go-to lidar supplier of choice when performance and scalability matter.” It looks like the momentum isn’t ending there for the company. Aeva is also working towards an upcoming launch by the end of 2024 for its industrial metrology and manufacturing automation program with Nikon – the global manufacturer and supplier of metrology and inspection equipment for the industrial automation and metrology markets. Aeva is producing sensors for Nikon industrial machines to inspect objects on manufacturing assembly lines for microscopic defects that can be smaller than the width of a human hair. From protecting the nation’s critical infrastructure to helping large-scale organizations improve manufacturing, safety and efficiency, Aeva is showing how its unique technology is applicable across a diverse range of markets, including automotive, industrial automation, manufacturing and security. With the LiDAR market poised to grow at a CAGR of 19.3% between now and 2030, the company is working hard, making deals and delivering its products to position itself in a leading role in that market growth starting now and through the coming years. Learn more about Aeva Technologies Inc. by checking out its investors deck here. Featured photo by Rocker Sta on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 29, 2024 09:00 AM Eastern Daylight Time

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Soccersm Deploys AI-Assisted Prediction Markets on Lisk Protocol

Lisk

Lisk, a leading Layer 2 blockchain dedicated to bringing Ethereum to emerging markets, is announcing its partnership with Soccersm, a decentralized AI prediction markets platform. Soccersm will deploy its AI-assisted prediction markets on the Lisk protocol under a beta program alongside a beta launch of some of its newest features, with plans for a full mainnet launch by the early Q1 2025. Lisk is the first project from the Optimism Superchain to introduce a prediction market on its protocol. Soccersm stands out in the prediction market landscape by integrating AI to assist users in making informed decisions when placing bets. The platform features P2P Betting, also known as Challenge Pools, which is a decentralized betting pool allowing users to stake against each other on the outcome of future events. Additionally, the AI Prediction Agent provides pre-match predictions and recommendations for smarter betting. With over 65,000 users already on its platform, Soccersm is set to leverage Lisk's technology and expand its reach within the thriving Optimism Superchain ecosystem. The platform also offers exciting Casino Games, including the unique Balls Game, Wheel of Treasures, and Raffles, providing fun and profit opportunities for users. "The deployment of Soccersm is a significant step in our evolution,” said Dominic Schwenter, COO of Lisk. “While other platforms have shown the appetite for prediction markets, Lisk will work with the Soccersm team to offer a fully decentralized, permissionless alternative. As a result, we will continue to build a community where users can create and trade prediction markets without relying on centralized intermediaries. I'm excited to see the diverse range of markets our users will establish, from sports outcomes to politics and economic indicators." "We are choosing to deploy exclusively on Lisk because of the protocol's commitment to building in emerging markets like Africa," said Baah Kusi, Co-Founder of Soccersm. "With Lisk, we have greater opportunities to grow and tap into a community eager for innovative prediction market solutions." The partnership between Lisk and Soccersm is poised to drive increased volume and interest in the Lisk ecosystem, providing better access and assistance for individuals looking to participate in prediction markets. For more information, visit Lisk and Soccersm. About Lisk Lisk is a Layer 2 blockchain dedicated to bringing web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing Web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain. For more information, visit us on X and join our network of builders to start building for the real world. About Soccersm Soccersm is a decentralized AI predictions market platform that allows users to stake against each other on the outcome of future events, including crypto prices, politics, football, and pop culture. Users can also access AI predictions and play fun games to win exciting prizes, making the platform unique in the prediction market. With over 65,000 users, Soccersm is poised to revolutionize how prediction markets operate. Contact Details Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

October 29, 2024 09:00 AM Eastern Daylight Time

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