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PathAI Launches its AI-Powered PathExplore Data Access Program for Academic Researchers

PathAI

PathAI, a global leader in AI-powered pathology, today announced it has applied its PathExplore panel of human interpretable features (HIFs) on publicly available samples from The Cancer Genome Atlas (TCGA), a comprehensive resource of oncology data containing genomic and outcomes data, along with associated H&E whole-slide images (WSIs). PathAI will make the HIFs from eight TCGA cancer types available for free as a data access program for academic researchers to perform independent research to support their own investigations. Earlier this year, PathAI launched PathExplore, an AI-powered panel of HIFs offering unprecedented resolution of the tumor microenvironment (TME) from digitized H&E slides. Powered by artificial intelligence, PathExplore spatially characterizes the TME with single-cell resolution, giving researchers the ability to unlock insights on patient response, drug pathways, and potential novel biomarkers. The ability to characterize and quantify histopathological features of the TME will enable new avenues of disease research, and may lead to promising new therapies. With this PathExplore HIF research data set, oncology researchers can analyze tissue compositions, cell populations, and how their quantities and spatial relationships correlate with molecular signatures, treatment response or prognostic outcomes. This data set is the first of its kind: no other widely available quantitative, structured data set based on histopathology exists. The features are standardized across indications, so researchers can glean new insights into the common or distinct TME characteristics of each tumor type or patient subset. Adding structured and standardized pathology data to TCGA enables a new set of multi-model investigations for researchers to pursue, all while lowering the barrier to integrating pathology image data into biomedical research that previously had been restricted to labs that had access to manual pathology analysis. “The TME has been a challenge to fully investigate due to the sheer amount of spatially distributed information contained within it,” said Mike Montalto, PathAI’s chief scientific officer. “Pathologists can assess the specimens and try to estimate how certain cell or tissue growth patterns are present in each patient, but they cannot exhaustively enumerate each and every relevant cell type under the microscope. That is what our PathExplore products provide - they not only accurately identify where each cell is located, but they provide structured and standardized feature tables that can enable next generation pathology research to be performed.” To learn more about PathAI’s PathExplore HIF research data set and apply for access, please reach out to pathexplore.hifs@pathai.com. If approved, there is no cost to academic researchers to access and use these data sets. PathExplore HIFs are for research use only and not for use in diagnostic procedures. Biopharma industry partners interested in purchasing a license to access PathExplore TCGA HIFs may reach out to bd@pathai.com for more information. PathAI is the only AI-focused technology company to provide comprehensive precision pathology solutions from wet lab services to algorithm deployment for clinical trials and diagnostic use. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of patient samples to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. PathAI, which is headquartered in Boston, MA, and operates a CAP/CLIA-certified laboratory in Memphis, TN, is proud to have a team of 600+ innovative thinkers from around the globe. For more information, please visit www.pathai.com. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

July 27, 2023 10:00 AM Eastern Daylight Time

Nutriband Inc. Launches AI Tape Brand Direct-to Consumer Offerings

NUTRIBAND Inc.

ORLANDO, FL / PlatoData via 500NewsWire / July 27, 2023 / Nutriband Inc. (the “Company”)(NASDAQ:NTRB)(NASDAQ:NTRBW), a developer of transdermal pharmaceutical products, today announced the launch of its consumer sports recovery tape brand, Active Intelligence AI Tape (“AI Tape”), with products now available for purchase on Amazon and Activeintell.com. AI Tape is designed to combine many of the traditional benefits of kinesiology tape with the addition of soothing and therapeutic ingredients held in suspension with a proprietary adhesive mix. “We are very excited for the launch of our AI Tape brand, our first products targeting the consumer market,” stated Gareth Sheridan, Nutriband CEO. “Consumers looking to take advantage of the sports recovery benefits provided by AI Tape can purchase products, including our Active Intelligence AI Kinesiology Tape, on Amazon or through our Active Intelligence website.” AI Tape is manufactured in the USA at the Company's Pocono Pharmaceutical facility in North Carolina. About Nutriband Inc. We are primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Our lead product under development is an abuse deterrent fentanyl patch incorporating our AVERSA™ abuse deterrence technology. AVERSA™ technology can be incorporated into any transdermal patch to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential. The Company's website is https://www.nutriband.com/. Any material contained in or derived from the Company's websites or any other website is not part of this press release. Forward-Looking Statements Certain statements contained in this press release, including, without limitation, statements containing the words ‘'believes," "anticipates," "expects" and words of similar import, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. The Company's actual results may differ materially from those anticipated in its forward-looking statements as a result of a number of factors, including those including the Company's ability to develop its proposed abuse deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may develop, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company's business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions and risks generally associated with an undercapitalized developing company, as well as the risks contained under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Form S-1, Form 10-K for the year ended January 31, 2023 and Forms 10-Q, and the Company's other filings with the Securities and Exchange Commission. Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements to reflect any event or circumstance that may arise after the date hereof. Contact Details David Zazoff - MDM Worldwide dzazoff@mdmworldwide.com

July 27, 2023 08:30 AM Eastern Daylight Time

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Remoty's AI Sidekick: Pioneering the Future of Remote Collaboration

Remoty

In the rapidly evolving landscape of remote work, a Silicon Valley-based startup, Remoty, is carving out a niche for itself. Founded by tech visionaries Mahad Ahmad and Mohammad Owais Basit, Remoty is steadfast in its mission to enhance the remote work experience. Both founders possess a track record of launching successful and impactful products. The latest feather in Remoty's cap is the " AI Sidekick ", a tool that harnesses the power of advanced language models to elevate remote work to unprecedented levels. In a market where many startups are repackaging existing AI technologies, Remoty distinguishes itself through its innovative application of AI to tackle the unique challenges of remote work. AI Sidekick is “like an all-knowing GPT-powered Executive Assistant for product managers and team leads that integrates seamlessly with Slack”, describes Basit, the company’s co-founder & CTO. It is designed to boost productivity of the team without compromising on their mental health, which is a crucial aspect in today's digital work culture. It focuses on transforming daily team Q&As into actionable insights, eliminating the need to sift through countless documents or schedule meetings. Recognizing AI's transformative potential for remote work, the founders promptly incorporated advanced cutting-edge technology into their solutions. Their innovative product, AI Sidekick, showcases their ability to anticipate remote teams' evolving needs and their strategic foresight in adopting AI technology swiftly and effectively. AI Sidekick's standout feature is its commitment to preserving the human element in a virtual world. Amid the hype of AI and automation, the importance of human connection can often be overlooked. AI Sidekick is built with this philosophy at its heart. It prioritizes mental well-being, nurtures a sense of community, and ensures that teams can collaborate effectively, regardless of physical distance & different time zones. This key value proposition to prevent burnout and improve team morale is enabled through providing context-rich insights where AI Sidekick helps identify and solve blockers faster, thereby enhancing team productivity and efficiency. Ahmad and Basit's visionary leadership has positioned Remoty at the vanguard of this revolution, empowering businesses to not merely adapt, but excel in this new era of work. As Ahmad; Remoty’s co-founder & CPO puts it, "Our goal is to help businesses not just survive, but truly thrive in this new era of work”. The founders' vision and their adept use of AI to address remote work challenges highlight their forward-thinking approach and adaptability. Their commitment to improving remote work experiences through AI-driven solutions positions them as pioneering leaders in the tech industry, leading the charge towards a more efficient and productive future of work. The positive feedback from the beta users of AI Sidekick is a strong validation of its effectiveness. Users have reported noticeable improvements in productivity, with tasks being completed more efficiently and in less time. Furthermore, the tool has been praised for its role in improving team cohesion and synchronization. By providing a platform for streamlined communications and collaborations, AI Sidekick has helped foster a more unified and coordinated team environment. The shared understanding and clarity brought about by the tool have significantly reduced misunderstandings and conflicts, leading to a more harmonious and effective team dynamic, therefore, making AI Sidekick a valuable addition to any remote team's toolkit. We believe; as the global workforce continues to navigate the complexities of remote work, tools like AI Sidekick will undoubtedly become indispensable. Remoty's pioneering approach to leveraging AI technology could potentially redefine the standards for remote work tools, marking them as a company to watch in the future. Contact Details Remoty Fatimah Zafar +1 650-307-2866 Company Website https://www.remoty.dev

July 26, 2023 10:01 PM Eastern Daylight Time

AI Singapore Awards S$20M in Research Funds to Address Challenges Relating to Increase Use of AI in Emerging Apps

AI Singapore

SINGAPORE - Media OutReach - 26 July 2023 - AI Singapore (AISG) announced today that it will award up to S$20 million, through the Robust AI Grand Challenge and the AI for Materials Discovery Grand Challenge, to support five multidisciplinary teams which will address challenges related to the increasing use of AI in emerging applications. AISG launched both Grand Challenges in December 2022 in collaboration with the Future Systems and Technology Directorate (FSTD), MINDEF Singapore, and DSO National Laboratories (DSO). Each Challenge is a first-of-its-kind and represents a major milestone in research collaboration between the academia and defence ecosystems. The research outcomes will have the potential for dual-use applications and can be leveraged by both the industry and defence to benefit Singapore. The grant awards were presented by Mr Heng Chee How, Senior Minister of State for Defence at the Joint Grant Awards Ceremony. In his speech, Mr Heng said, "The advancement of Artificial Intelligence (AI) will open up new possibilities and MINDEF/SAF is poised to harness its power to build important capabilities for our future. MINDEF's approach is to collaborate extensively with local and global partners from research institutes, and institutes of higher learning and industry. MINDEF's Defence Technology Community, which designs and develops technological capabilities for the SAF, will play a key role in this effort. "Moving forward, we will also be expanding our partnerships with industry, to accelerate progress in developing AI technologies and applications. I encourage the various communities to come together to co-ideate and co-innovate. I would like to invite all researchers and practitioners with bold ideas to reach out to us. Together, let's collaborate, innovate and build an exciting and better future, he added." Professor Mohan Kankanhalli, Deputy Executive Chairman for AISG, said that the current development efforts and outcomes can be translated into better and safer technologies for everyday living. "The problems that are being addressed have dual-use applications and can be leveraged by both industry and defence ecosystems to benefit Singapore. We are excited to work with our valued collaborators, FSTD and DSO, as they have deep expertise in both grand challenges to advise, guide and empower our research teams to develop novel AI solutions that can effectively address important problems faced by Singapore and the world. We believe that there is potential for these technologies to be scaled globally in the future". Robust AI and AI for Materials Discovery Grand Challenges AISG's Grand Challenge programme takes an outcome-driven approach to solve important problems faced by Singapore and the world through multidisciplinary collaboration and translation of AI-based solutions from research to deployment. Researchers from local Institutes of Higher Learning (IHLs) and Research Institutes (RIs), along with their collaborators from the public and/or private sectors, were invited to propose ground-breaking research ideas that adopt AI techniques to address both Grand Challenges' statements. Each challenge statement was jointly defined by AISG, DSO and FSTD. Robust AI Grand Challenge - "How can we design robust CV systems for AVs that can recover at least 80% of their original accuracy after physical testing-time adversarial attacks?" Computer vision (CV) systems based on AI/ML are vulnerable to adversarial attacks which could compromise their safety and security, thus limiting their performance and adoption in critical environments. In the field of autonomous vehicles (AV), these could result in delays, accidents and potentially, even death. This Grand Challenge aims to encourage the development of innovative approaches that increase the robustness of these CV systems, to accelerate the adoption of CV systems in critical environments. AI for Materials Discovery Grand Challenge - "How can AI accelerate inverse material design to discover advanced materials that are 50% lighter while retaining and/or enhancing their functional properties?" Technological breakthroughs and the development of next-generation systems such as lightweight transportation vehicles and energy-efficient buildings are often underpinned by the discovery and development of new and advanced materials. However, this discovery process can be prohibitively long and expensive. In addition, conventional methods can be limited by a scientist's personal experience, knowledge and even biases, resulting in only incremental discoveries. This Grand Challenge aims to advance the state-of-the-art applications of AI in materials discovery, to develop solutions that can help scientists accelerate material discovery process and overcome the constraints of conventional methods. This would in turn enable them to keep pace with the increasing demand for new and advanced materials for next-gen systems. AISG received 16 (7 Robust AI; 9 AI for Materials Discovery) quality research proposals from multidisciplinary teams in response to both grant calls. The teams comprise lead Principal Investigators (PIs) and Co-PIs from the National University of Singapore (NUS), Nanyang Technological University (NTU), Agency for Science, Technology and Research (A*STAR), Singapore Management University (SMU), Singapore University of Technology and Design (SUTD) and Singapore Institute of Technology (SIT). They also involve industry partners and/or collaborators from overseas universities. An Evaluation Committee comprising members from various stakeholders in the AI ecosystem selected five projects to be awarded Stage 1 funding: Robust AI Grand Challenge Holistic Moving Target Defence for Autonomous Driving Perception (by Associate Professor Rui Tan, NTU) - This project will develop a Moving Target Defence (MTD) approach that creates and deploys AI mechanisms that are diverse and rapidly changing to limit the exposure of vulnerabilities and opportunities for attacks, increase the complexity and cost for attackers. Development of Stable Robust and Secure Intelligent Systems for Autonomous Vehicles (by Professor Shuzhi Sam Ge, NUS) - This project will harness the collective strengths of machine learning, stable control and generative AI to develop a robust and intelligent system that can adjust its neural network's behaviour and characteristics in real- time to counter adversarial attacks in complex environments. Towards Building Unified Autonomous Vehicle Scene Representation for Physical AV Adversarial Attacks and Visual Robustness Enhancement (by Professor Yang Liu, NTU) - This project will develop novel multi-view and multi-modal defences based on a unified framework that comprises a novel AV scene representation that will be used to generate realistic scenes with diverse conditions and attack vectors. The projects are expected to deliver suites of multi-modal attack and defence techniques that can be deployed in the real world to increase the robustness of AI models applied in multi-sensor CV systems. AI for Materials Discovery Grand Challenge MATAI: An AI-Powered Generalist Material Discovery Platform (by Professor Bo An, NTU) - This project will develop an AI-powered generalist platform with three key components: a holistic material database, a foundational material property predictor and a generalist multi-property material designer in a large search space. Design Beyond What You Know: Material Informed Differential Generative AI (MIDGAI) for Light-Weight High-Entropy Alloys and Multi-functional Composites (by Professor Ivor Tsang, A*STAR) - This project will develop a generative AI framework for materials design that combines with discriminative models to enhance robustness and overcome data scarcity. By incorporating domain knowledge, the AI model will enable a more controllable, directed, and efficient exploration of material design spaces through advanced optimisation algorithms. The projects are expected to deliver AI solutions that can be used by AI and materials researchers to (i) discover novel materials based on performance needs, (ii) efficiently explore beyond the boundaries of conventional methods, (iii) exploit new and existing scientific knowledge and (iv) reduce resource and time cost of material discovery cycles. In Stage 1, the teams will be awarded up to S$4M each to work on their project for the next three years. Funding support for Stage 2 will be determined as part of the final evaluation near the end of Stage 1. Selected teams could be funded up to S$5M over 2 years where the teams will have the opportunity to work with agencies to adapt and scale up the developed AI techniques for dual-use applications. About AI Singapore AI Singapore (AISG) is a national programme launched by the National Research Foundation (NRF) to catalyse, synergise and boost Singapore's artificial intelligence (AI) capabilities to power our future, digital economy.AISG will also bring together all Singapore-based research institutions and the vibrant ecosystem of AI start-ups and companies developing AI products, to perform use-inspired research, grow the knowledge, create the tools, and develop the talent to power Singapore's AI efforts.AISG is driven by a government-wide partnership comprising NRF, Smart Nation and Digital Government Office (SNDGO), Infocomm Media Development Authority (IMDA), Economic Development Board (EDB), Enterprise Singapore (ESG), amongst others. Contact Details Communications Consultant Joseph Rajendran +65 9228 7801 joseph@wiredcomms.sg Company Website https://aisingapore.org/

July 26, 2023 09:00 AM Eastern Daylight Time

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Effectiv Raises $4.5 Million to Accelerate Solutions in Combating AI-driven Fraud

Effectiv

Effectiv, a real-time fraud and risk management platform for financial institutions and fintech companies, announced today it has raised an additional $4.5 million in seed funding, bringing its total raise to more than $9 million. The investment will be used to accelerate Effectiv’s growth in helping organizations fight financial fraud, a problem that has worsened since the pandemic. The funding round was led by Better Tomorrow Ventures and participation from Accel and angel investors. The platform, which provides AI-driven solutions such as payment fraud detection, customer and business onboarding verification, and compliance management, has experienced rapid growth since launching in 2022. The company has helped organizations process more than $27 billion in financial products and is currently processing more than $100 million daily. Ravi Sandepudi, the CEO and co-founder of Effectiv, attributes the company's success to its technology, the team, and its growing customer base, which includes BHG Money, Cardless, Pomelo, USALLIANCE Financial, Peapack-Gladstone Bank, and more. The company has also seen strong revenue growth, crossing $1 million a year after launching. “We are incredibly grateful that our product has resonated with our partners, especially when fraud is at an all-time high. We also recognize that the financial world is rapidly digitizing, changing how consumers and organizations interact. At the same time, advanced generative AI technologies are attacking organizations at a scale we have never seen. For example, fraudsters are using a technology called deepfakes to clone an individual's voice, alter someone’s image or video to access financial accounts, create banking accounts, process wire transfers, and more. It’s a critical problem, and one that our team is committed to fighting,” said Ravi Sandepudi, CEO and co-founder of Effectiv. In the past year, Effectiv has seen a rise in fraud with real-time payments. As banks get ready to adopt FedNow, an instant payment service launched by the Federal Reserve, the company is preparing to release DeviceAI, a new device biometrics technology. The feature, which analyzes and flags suspicious user behavior on a device, is expected to further improve Effectiv’s payment fraud solutions. “Stopping payment fraud and helping organizations with FedNow, are a special focus for Effectiv and an area where our AI and platform truly shine. After months of research and product development, we are very excited to launch DeviceAI, which will improve our solutions even more. Effectiv’s ability to look at all end-user interactions holistically helps us identify fraudulent transactions with very high accuracy in real-time. While mechanisms such as one-time passwords or voice authentication were functional in the past, we are repeatedly seeing that they are easily compromised and no longer sufficient. For instance, a customer's voice can now be forged in a few seconds with off-the-shelf AI. Therefore, taking a holistic evaluation approach is necessary,” said Ritesh Arora, COO and co-founder of Effectiv. Better Tomorrow Ventures, who led this funding round, couldn’t agree more with Effecitv’s expansion of new solutions and long-term vision in helping organizations prevent fraud. “Effectiv has done an incredible job proving the cutting-edge technology they are building can withstand one of the biggest challenges we face today in the financial industry. They are experts not only in the fraud space but also in machine learning and AI. This combination makes them the most formidable team in the industry to tackle this problem,” said Sheel Mohnot, co-founder of Better Tomorrow Ventures. Dinesh Katiyar, who led the investment for Accel, believes Effectiv’s team and technology capabilities are what truly make them stand out and why they decided to partner with the company. “Ravi and the team have been helping companies detect and prevent fraud for decades. With Effectiv, they have figured out how to do this from nearly all angles in a truly scalable, adaptable, and economical way. They understand how AI can be used to fight fraud in this age of AI-assisted bad actors. We’re excited to be part of Effectiv’s journey,” said Dinesh Katiyar, Partner at Accel. The firm led Effectiv’s pre-seed round in 2021 and was joined by REV Venture Partners, BHG VC, and angel investors. About Effectiv Effectiv is a real-time fraud and risk management platform with AI solutions for financial institutions and fintech companies. Behind the company are several team members who helped build Simility, a fraud detection software company that was acquired by PayPal in 2018. The company was founded by Anupam Tarsauliya, Jonathan Doering, Ravi Sandepudi, and Ritesh Arora, who all met at Simility. Prior to Simility and PayPal, the founding team members were experts in fighting fraud and building machine-learning products for companies such as Google and Walmart. The company is based in San Francisco, California. Contact Details Effectiv Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website http://effectiv.ai/

July 26, 2023 09:00 AM Eastern Daylight Time

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Base Resources achieves FY23 production guidance

Base Resources Ltd

Base Resources Limited (AIM:BSE, ASX:BSE) MD Tim Carstens talks Proactive through the company’s quarter ended 30 June 2023. He says prices in the period were steady for ilmenite and slightly lower for rutile, while zircon prices moderately increased. Mining volumes increased to 4.1 million tonnes following a stoppage in the prior quarter for the transition of half the mining operations to the North Dune. The company noted in its quarterly that mining volumes increased to 4.1Mt following a stoppage in the prior quarter for the transition of half the mining operations to the North Dune. Exploration drill results from Kwale East confirmed the presence of heavy mineral, with a peak drill hole grade of 6.3% heavy mineral, as well as a high value mineral assemblage. Three areas were identified for further targeted exploration as part of a second phase air core drilling program. Results from the first phase of drilling at the Umba South exploration project in Tanzania confirmed rutile mineralisation was present but a number of factors were identified limiting the project’s economic potential, with further exploration activity paused pending receipt of assay results from a second phase infill drilling program. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

July 25, 2023 05:00 PM Eastern Daylight Time

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cheqd Introduces Creds: A Private & Secure Solution To Build Trust and Protect Against AI

Chainwire

cheqd, a start-up creating the trusted data economy, where users and organizations have full control and portability of their data, is launching Creds – a platform for issuing, holding and sharing digital credentials to build portable reputation. Announced at the Nebular Summit today in Paris, Creds, is a platform to issue digital credentials, or “creds”, which are a portable, reusable, privacy-preserving, and a secure way to prove identity, build decentralized reputation, and establish trust. Creds addresses a number of Web3 challenges, in particular, community security, engagement, trust, the wave of distrust created by generative AI, and privacy concerns. Community security, portable trust and decentralized reputation One of the biggest challenges in Web3 is security. One report shows that crypto scams wiped out nearly $150M in a single week and mass scale distrust in communities. With Creds, projects can confirm personhood and ownership of handles, wallets, and reputation, proving admin and moderator role/status across platforms, including Discord and Telegram, and preventing impersonation, Sybil attacks, and scams. Fake content, news and even people are being supercharged with the advent of generative AI, compounding the issues. The way to combat this issue is through trust and reputation. Meaning that individuals should be able to build their verifiable reputation and port it across different communities and platforms. Creds allows exactly that with the added feature of privacy, whereas individuals can choose to share one or a collection of credentials for others to verify as real. Community engagement and gamification Gamification enhances user engagement and drives customer acquisition and retention. Companies that use gamification are more profitable than those that don’t. Creds adds a reputation layer to community strategy enabling projects and individuals to explore gamification mechanics, such as incentivized quests and learn-to-earn, create unique reputation and trust systems, and increase real engagement. " More and more organizations are looking to become community-focused to take advantage of the rising community economy. As an example, it's preferable to have a smaller number of real active community members, or superfans, than to have a group with thousands of bots. ", expands Eduardo Hotta, Head of Marketing & Community at cheqd. Privacy-preserving Trust and reputation systems have been tried with the use of Non-Fungible Tokens (NFTs) and SoulBound Tokens (SBTs) with varying levels of success. Creds are different to NFTs and SBTs, as they are private, revocable, and can be taken to different platforms and ecosystems, since all personal data is off-ledger, where it remains private and secure. Data is cryptographically signed and verified by decentralized identifiers (DIDs) on-chain, making it a trusted data. Fraser Edwards, CEO and Co-founder of cheqd explains: "Creds offers a privacy-preserving alternative to the surveillance enabling tech of SBTs and NFTs where you have little control over your privacy, as activities and other information are written on the ledger making it public and immutable. Creds are collectable, portable, secure and verifiable; it has all the best things that the NFT and SBT have with the addition of everything else they are missing." Launch cheqd kicked off the launch of Creds and its verifiable credentials by issuing creds to attendees at the Nebular Summit. Attendees, with their creds, have a verifiable way to prove they were at the event, without giving up any personally identifiable information about themselves. And, just like an NFT, their creds are collectable and can be kept as a memoir of the event they attended. Sebastien Couture, Founder of Nebular Summit and Interop Ventures says: “Our goal for Nebular Summit is to showcase the innovative technology emerging from the interchain ecosystem, and offering credentials to all attendees is a really unique and personalized experience to showcase these innovations. We're excited to build from this first edition and use them to offer future benefits, like early registration to our events throughout the year." For further questions or interview requests, please contact Avishay Litani at avishay@marketacross.com. creds.xyz About cheqd cheqd (cheqd.io) is a privacy-preserving payment and credential network that allows users and organisations to gain control and portability of their data. cheqd builds upon Decentralised Identity, Self-Sovereign Identity (SSI), and Digital or Verifiable Credentials (VCs) with payment infrastructure to create Trusted Data markets as an entirely new industry category. Put simply, you can now issue credentials and get paid to do so. With its technology, cheqd is creating a new paradigm around Trusted Data economies such as lending markets in Web3, preference data markets, and others where the user is at the centre. It empowers consumers and businesses with full ownership, portability, and control over their data and identities. In addition, this data can be transacted within a cutting-edge payment network that prioritises individual privacy and market-first principles. The scale of distribution is unmatched as cheqd engages with organisations across Lending, Supply Chain, eCommerce, Education, Manufacturing, Gaming and other sectors. cheqd also features a decentralised reputation platform ( creds.xyz ) to incentivise and engage Web3 communities though learning credentials, as well as protect users from fraud and scamming across Discord, Telegram and beyond. Contact Details Avishay Litani avishay@marketacross.com Company Website https://www.huobi.com/

July 24, 2023 09:28 AM Eastern Daylight Time

Research led by HKBU constructs model to predict frequency of heat wave and air pollution co-occurrence in China

Hong Kong Baptist University

HONG KONG SAR - Media OutReach - 24 July 2023 - A research led by Hong Kong Baptist University (HKBU) has developed a statistical model which uses patterns of springtime warming in the western Pacific Ocean, western Indian Ocean and Ross Sea to predict the frequency of summertime co-occurrence of heat wave and air pollution in China. The model provides useful information for the Government authorities and the general public to take actions in advance to mitigate damage from the joint hazards. Professor Gao Meng, Professor of the Department of Geography at HKBU, hopes the statistical model which predicts summertime co-occurrence of heat wave and air pollution in China can help mitigate damage from the joint hazards. The research findings have been published in the international academic journal Proceedings of the National Academy of Sciences ( PNAS ). Heat wave and air pollution co-occurrence becomes more frequent The issue of global warming attracted grave attention again recently as the world registered its hottest day to date for the third time in the first week of July this year, with the daily average temperature reaching a record-breaking 17.23 °C. Heat waves were widely reported in the northern atmosphere covering countries and regions in Asia, Africa, Europe and North America. Hot sunny days may co-occur with air pollution as ozone formation accelerates with increased temperature. Exposure to co-occurrence of heat and air pollution extremes is likely to induce amplified damages to both human health and the ecosystem. Yet, the understanding of their joint occurrence has received less attention. A research team led by Professor Gao Meng, Professor of the Department of Geography at HKBU, and Dr Wang Zifa, Researcher of the Institute of Atmospheric Physics at the Chinese Academy of Sciences, analysed the spatial distribution and temporal variation of the joint heat wave and ozone pollution events in China in the summers between 2005 to 2021. "We observed that ozone pollution and heat waves had become increasingly intense and frequent in the North China Plain. This area covers some of China's most densely populated cities and provinces such as Beijing, Tianjin, Hebei, Shandong, Henan, Anhui and Jiangsu. More than 80% of co-occurrence during the period from 2005 to 2021 happened predominately on heat wave days," said Dr Gao. Impact of ocean warming on heat wave and ozone pollution Using empirical orthogonal function analysis, a tool commonly employed in climate studies, the researchers discovered that the warming patterns in the western Pacific Ocean, western Indian Ocean and Ross Sea (a deep bay of the Southern Ocean in Antarctica) in springtime are associated with the frequency of co-occurrence of heat wave and ozone pollution events. The research team concluded that sea surface temperature anomalies in the three oceans concerned in spring affect air pressure, wind movement, precipitation and radiation on the ground, which are key factors determining the occurrence of heat and air pollution extremes in the North China Plain in summer. Statistical model enables early prediction Based on these findings, the research team developed a regression-based statistical model using springtime sea surface temperature in the western Pacific Ocean, western Indian Ocean and Ross Sea to predict potential co-occurrence of heat wave and ozone pollution in China in summer. This allows a season or several months in advance for the Government authorities and the public to take action. "If predictions suggest more heat wave and ozone pollution extremes in the coming summer months, the relevant Government authorities could issue warnings and take relief measures so that the agriculture or other related sectors, as well as communities that are sensitive to these extremes, can take actions to mitigate the adverse effects. Authorities can also optimise their management plans for air pollutants and greenhouse gases by setting more stringent control targets, or coordinating sources of electricity generation," said Dr Gao. Going forward, the research team hopes to further develop a statistical model that can predict co-occurrence of heat wave and air pollution events up to several years in advance. This can further enhance the nation's capability in the management of related hazards. Contact Details Communication and Public Relations Office Christina Wu christinawu@hkbu.edu.hk

July 24, 2023 09:00 AM Eastern Daylight Time

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Timberline Mechanical Offers Important Insights on the Differences Between Commercial Heat Exchangers and Cooling Towers

KISS PR Brand Story

For commercial and industrial property owners, facility managers and other decision-makers, understanding your options for heating, cooling, and generally maintaining comfortable interior environments is essential. You don’t need to be an expert in the various technologies—that’s our job. But having basic knowledge about the climate control systems involved is helpful as you consider your options for devices and the company that will service and maintain them to keep them functioning properly. Two terms you’re likely to hear as you prepare to build a new facility, upgrade an existing one, or replace aging HVAC systems are “heat exchanger” and “cooling tower.” This article explains what these terms mean Commercial and Industrial HVAC Systems One of the reasons terminology in this industry can be a little confusing is that it has to cover several separate but related functions. Specifically, HVAC stands for heating, ventilation, and air conditioning. A commercial or industrial HVAC system has components for handling each task—warming an interior environment, cooling it, and moving air into, through, and out of it as needed. And, of course, there is a significant amount of overlap in these actions. Heat exchangers and cooling towers are components within an HVAC system, as described below. What Is a Commercial/Industrial Heat Exchanger and How Does It Work? The simplest definition of a heat exchanger is a system that transfers (or exchanges) thermal energy (or heat) between two mediums (liquids, vapor, or gases). Depending on the type of system, the exchange can be gas-to-gas, liquid-to-gas, or liquid-to-liquid. The physics of heat transfer is beyond the scope of this article. But, essentially, a heat exchanger like a furnace heats air (by burning fuel or activating an electric coil) and then circulates it in some way to warm the rooms or areas in a building. Where things can get somewhat counterintuitive is that an air conditioning system is also a type of heat exchanger. In that case, the heat is being transferred from indoor spaces to the outdoors. Many commercial and industrial building owners and managers find it easiest to think of heat as an “item” of sorts. It gets moved into or out of a facility based on conditions inside and outside of the building. In cold weather, when the outside environment is pulling heat out of a structure, you need to bring more energy into it. In summer, when the environment is pushing heat into the building, your HVAC system works to move it back out of the building. That ongoing push and pull of heat is why you need systems that are correctly designed, implemented and serviced. Failing in any of those areas can lead to higher energy costs, component breakdowns, decreased system longevity, etc. What Is a Cooling Tower and How Does It Work? A cooling tower is a type of heat exchanger. If you’re familiar with evaporative cooling, like what occurs in a residential “swamp cooler,” you have an idea of how a cooling tower works. It brings water and air together to lower the water’s temperature. As that occurs, the water releases heat it previously absorbed. Specifically, when the air and water interact, a small amount of water evaporates, causing a drop in water temperature. In a commercial or industrial setting, water heated by an industrial process or a condenser is sprayed onto a material called fill. This material slows the flow of water downward through the tower and greatly increases its surface area. This maximizes its exposure to air, which is brought into the tower by a fan. The system then circulates the cooled water to the area where it can absorb more heat, and the process repeats. The water in a cooling tower serves essentially the same function as the coolant in an air conditioner. It’s like a sponge, continually absorbing heat from inside a building and releasing it outside. Since evaporation is vital to the functioning of a cooling tower, this type of system works best in a hot, dry climate like we have here in Colorado. Ask the Pros About Commercial/Industrial Heat Exchangers and Cooling Towers This brief overview can help you understand how commercial or industrial heat exchangers and cooling towers work. That knowledge can be helpful as you consider the question, “What’s the best approach for maintaining proper heating and cooling in our building?” But determining the most effective way to control the climate in a building requires a conversation with an HVAC expert. We can talk with you about how your commercial or industrial facility operates, your heating and cooling needs, and other factors to help you identify the best way to ensure occupant comfort, especially regarding system repairs and preventative maintenance. And you’ll be happy to know that the advice we provide is based on our team’s extensive experience (more than 200 years, when you add it up!) working with companies and organizations of all types and sizes. Our interactions with them and the insights we’ve gained are captured in the HVAC system repair and maintenance best practices we follow. Keep in mind that there’s never a bad time to learn about our services. Whether you’re looking for assistance with your HVAC system today or are simply connecting with providers to assess your options, we’re happy to tell you about our company and what we do. From chiller, boiler, and air conditioning repairs, to HVAC service, to special projects, we can help ensure your systems work efficiently and effectively. We also offer expert commercial and industrial plumbing services, so engaging with us for your HVAC needs makes it easy to leverage our plumbing expertise should you need it. We work on water lines, hot and cold potable water systems, water heaters, sinks and faucets, water fountains, and more. So, don’t wait until a system breaks down or you notice that it is functioning less than optimally. Delays in repairs or preventative maintenance are almost always costly. They’re definitely more expensive than catching and correcting small issues before they become big problems. Contact Timberline Mechanical at your convenience, and let's talk about your commercial or industrial HVAC needs and how we can help you address them. About Timberline Mechanical Timberline Mechanical is a Boulder HVAC Contractor located in Boulder, CO, and serving the Colorado Front Range, including Broomfield, Longmont, Louisville, Lafayette, Superior and Erie. We are dedicated to providing the intelligent solutions necessary to keep your Boulder Commercial HVAC equipment running efficiently and at its peak performance. Whether we are completing a service call request, providing Commercial HVAC Preventive Maintenance or conducting Special Projects work, we offer intelligent commercial HVAC solutions to ensure that your business needs are met. You can focus on your business while we make sure your commercial HVAC equipment is running smoothly. https://www.timberlinemechanical.com/ Media Contact: 303-258-3589 Release ID: 682472

July 21, 2023 05:00 PM Eastern Daylight Time

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