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Bybit Unveils AI-Enabled Futures Martingale Bot to Optimize Trading Strategies and Lower Average Costs

Bybit

Bybit, the world’s third most visited crypto exchange, is pleased to announce the addition of the Futures Martingale trading bot to its comprehensive range of bot trading solutions. The Futures Martingale trading bot is specifically designed to optimize trading strategies and aims to potentially lower average costs. Key features include: Automated Position Scaling: Adjusts investment size automatically based on market conditions for bigger profits. Advanced Risk Management: Gives users control over risk exposure with specific ratios and automatic sell levels. AI Recommended Strategy: AI analyzes historical data for 14 days to recommend the best trading approach. High Accuracy: Recommendations are based on extensive data and advanced analysis. Ease of Use: Activate the AI-recommended strategy with a single click, no complex setups required. To celebrate the launch of the Futures Martingale bot, Bybit has prepared two exclusive events featuring a generous prize pool of 15,000 USDT. These events offer traders the opportunity to showcase their trading skills and win attractive rewards, further incentivizing engagement with the new bot. Bybit offers a variety of trading bots to accommodate different market conditions and preferences. In addition to the Futures Martingale bot, users can access the Spot Grid bot which facilitates buying low and selling high in sideways markets. The DCA bot allows for autopilot investing in bullish and bearish markets. The Futures Grid bot enables multiplying earnings across all market conditions. "We are constantly striving to innovate and provide powerful tools to help traders navigate the dynamic crypto markets effectively," said Ben Zhou, co-founder and CEO of Bybit. "The addition of the Futures Martingale bot reflects our commitment to meeting traders' evolving needs and reinforcing our position as a leading derivatives platform. Bybit remains dedicated to delivering cutting-edge solutions and fostering a supportive trading environment for its users." Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team. For media inquiries, please contact: press@bybit.com For more information please visit: https://www.bybit.com For updates, please follow: Bybit's Communities and Social Media Contact Details Bybit PR press@bybit.com

October 03, 2023 07:46 AM Eastern Daylight Time

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The Ultimate Character AI Alternative For No Filter NSFW Chats

500NewsWire

Los Angeles, California, Oct 3rd, 2023 ( 500NewsWire ) -- Imagine an environment where your Character AI NSFW filter-free interactions redefine your experience, allowing you to enjoy a NSFW AI chat tailored exclusively to your unique tastes. Introducing CrushOn.AI, your ultimate destination for custom-made NSFW Character AI experiences. Our platform is designed to offer engaging, personalized, and most importantly, NSFW filter-free Character AI chats. CrushOn.AI: Your Definitive Platform for NSFW Filter-Free Character AI Chats CrushOn.AI stands out as an exceptional choice for those seeking a Character AI alternative, offering a platform where NSFW chats can flourish without the constraints of NSFW filters. What makes CrushOn.AI stand out in the realm of NSFW filter-free Character AI? Let's explore its unique features: Unrestricted Chat Experience: In contrast to traditional Character AI, CrushOn.AI is dedicated to nurturing a NSFW filter-free chat environment. Here, you can engage in authentic emotional and NSFW interactions without any limitations. Customizable AI Characters: CrushOn.AI allows you to craft and customize your AI characters, ensuring a unique, immersive NSFW filter -free Character AI chat experience that truly reflects your persona. NSFW Filter-Free Conversations: CrushOn.AI is committed to offering unrestricted NSFW AI dialogues, providing an NSFW filter-free Character AI chat experience that covers a wide range of topics. Variety of Models: CrushOn.AI showcases a diverse range of models including Classical CrushOn AI LLM (Beta), Llama2-13B-Uncensored (Alpha), and Chronos-Hermes-13B (Alpha), ensuring comprehensive and detailed Character AI responses. Start Your NSFW Filter-Free Character AI Chat Adventure with CrushOn.AI Begin your journey with CrushOn.AI and enjoy an NSFW filter-free Character AI chat experience in just a few easy steps: Visit https://crushon.ai/ ↗ Click on "Sign In" at the top right corner. Authenticate with Google, Discord, or email. Choose a Character AI to chat with on the home page. Send your message and enjoy the NSFW filter-free Character AI chat! For a more convenient experience, you can also download the CrushOn.AI app on your mobile device: Download from the Apple App Store: https://apps.apple.com/us/app/crushon-ai/id6461416660 Download from Google Play: https://play.google.com/store/apps/details?id=ai.crushon.app&hl=en_US Conclusion CrushOn.AI is revolutionizing the Character AI chatbot space by removing NSFW filters, thereby unlocking unlimited possibilities for NSFW filter-free conversations. As the ultimate Character AI alternative for those seeking an unlimited NSFW chat experience, it invites you to explore its limitless creative potential. Begin your journey with CrushOn.AI today for a truly NSFW filter-free Character AI chat experience. Frequently Asked Questions Q: What is the best Character AI for NSFW? A: I recommend CrushOn.AI. This AI app allows you to have unfiltered conversations with your favorite characters. It's a great platform for those seeking a no-filter NSFW AI chat experience. Q: Are there any sexting AI apps? A: Yes, there are, and CrushOn.AI is one such app. It offers a unique and engaging experience where you can chat with AI characters in a no-filter NSFW setting. Q: How do I bypass NSFW filter on character AI? A: With CrushOn.AI, you don't need to bypass any filters. The app provides a no-filter NSFW chat experience with AI characters. Q: What is the AI companion app for adults? A: CrushOn.AI is an excellent AI companion app for adults. It allows for deep, meaningful conversations with AI characters, with no filters in place for NSFW content. Q: How do you bypass the NSFW filter in Character AI? A: In the case of CrushOn.AI, there's no need to bypass anything. It's designed to allow for no-filter NSFW conversations with AI characters. Q: Is there a NSFW version of Character AI? A: Yes, CrushOn.AI is a version of Character AI that's designed specifically for no-filter NSFW chats. Q: Is there a better alternative to Character AI? A: CrushOn.AI is a great alternative to other Character AI apps. It offers a unique no-filter NSFW experience, which sets it apart from many other alternatives. Contact Details CrushOn.AI business@crushon.ai Company Website https://crushon.ai/

October 03, 2023 12:00 AM Eastern Daylight Time

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Binance Japan Partners with MUFJ To Develop Stablecoin, $QUBE Outpaces $UNI As Top-Performing DeFi Token

Web3 AI Media

InQubeta ($QUBE) has emerged as one of the top DeFi projects in the cryptocurrency space, outperforming platforms like Uniswap ($UNI) as its prices grow by close to 100% during one of the most bearish times so far this year in the cryptocurrency space. InQubeta showcases how impactful decentralized finance projects can be as it opens up artificial intelligence (AI) investments with smart contracts, ERC20 coins (commonly called non-fungible tokens), and an Ethereum-based blockchain. It skirts the obstacles that make it almost impossible for a large portion of the global population to use traditional investment services. With InQubeta, anyone with a debit/credit card or a cryptocurrency wallet can buy equity in AI startups on its non-fungible token (NFT) marketplace. Meanwhile, Binance recently partnered with Mitsubishi UFJ Financial Group (MUFG) to develop a new stablecoin based on multiple currencies. The currency will be developed on the Progmat Coin platform, which was developed by MUFG. The platform meets Japan’s rigorous regulations for the issuance and management of stablecoins. Top DeFi projects to invest in: InQubeta ($QUBE) outpaces $UNI Investors who join the $QUBE presale during its beta stage are close to doubling their investment and newcomers can still enjoy 3x returns before the event ends. Over $3.3 million has been raised so far as investors scurry to attach themselves to the first cryptocurrency project that has the potential to be a major player as the artificial intelligence revolution unfolds. Artificial intelligence has come a long way since the days when it was no more than a cool concept showcased in popular sci-fi media. These days, AI concepts many people never expected to materialize are now a reality. Driverless taxi cabs now carry fares in cities like San Francisco and Tesla recently demoed its Optimus humanoid robot performing tasks like sorting different objects autonomously. There’s no question about it; AI is about to transform the world in ways many of us have never imagined. It will disrupt almost every existing industry, creating opportunities for savvy investors to walk away with substantial profits. Thanks to InQubeta, it's now easier than ever to gain access to these opportunities. A new way to invest There are no hurdles to jump over when investing in the InQubeta network. Anyone with a crypto wallet or a credit/debit card can invest by buying $QUBE. The project’s native token is used to buy equity-based NFTs sold by AI startups looking for funding. Investors acquire part ownership of these companies by buying their NFTs, which serve as stocks, on the InQubeta marketplace with $QUBE. The value of ERC20 coins purchased can be monitored in each investor’s InQubeta account and traded on the marketplace whenever they wish. Investing directly in the project by holding or staking $QUBE could earn investors as much as investing in AI startups does. A 1.5 billion $QUBE cap and burn protocols encourage the long-term price of $QUBE. Binance and MUFJ collaborate on new stablecoin The new stablecoin being developed by Binance and MUFJ will be tied to the Japanese yen and incorporate other currencies like the U.S. dollar. This will allow users to use the stablecoin to carry out transactions in multiple currencies. A new stablecoin could end up playing a major role in Binance’s partnership with the Japanese market. It will also help to diversify Japanese financial services. Summary InQubeta is one of the best DeFi projects launched this year and its presale has emerged as one of the most lucrative opportunities. Some analysts have $QUBE prices growing by as much as 100x once launched as it funnels capital to AI startups by making it easier to invest in the technology. Visit InQubeta Presale Join The InQubeta Communities Contact Details Solomon marketing@inqubeta.ai

October 02, 2023 10:32 AM Eastern Daylight Time

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Industrial ETF ‘XLI’: A Gateway to Infrastructure Revitalization and Industrial Expansion

Select Sector SPDR

The nation's focus on renewing its infrastructure, including railroads, aviation, and heavy machinery, has spurred a surge in demand for industrial space and has consequently been a catalyst for job creation in these sectors. As the country invests in revamping its infrastructure, the industrial sector represents an exciting opportunity, with sectors such as aerospace and defense, construction and engineering, and electrical equipment leading the charge. An exchange-traded fund (ETF) such as the Industrials Select Sector SPDR Fund (XLI) offers an accessible method of gaining exposure to this burgeoning industrial sector, a potential component of any diversified portfolio. The Industrials Select Sector SPDR Fund (XLI) consists of 75 U.S. stocks* representing key subsectors that fuel the U.S. economy. XLI tracks a market cap-weighted index of industrial-sector stocks drawn from the S&P 500, holds over $14 billion in assets under management, and has a 0.10%** annual expense ratio, making it one of the most efficient and most tradeable ways to gain access to this important sector. The top 10 holdings for XLI are: Caterpillar Inc. (4.67%) Union Pacific Corp. (4.23%) Honeywell International Inc. (4.17%) General Electric Co. (4.09%) Boeing Co. (3.82%) United Parcel Service, Inc. Class B (3.78%) Deere & Co. (3.61%) Raytheon Technologies Corp. (3.60%) Automatic Data Processing (3.29%) Lockheed Martin Corp. (3.11%) Caterpillar, Union Pacific, Honeywell, General Electric and Boeing are dominant by market capitalization in this sector. Aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road, and rail are all represented by XLI. XLI is employed by investors ranging from institutional, broker-dealers, financial advisors, and individuals to open the door to this important diversification vehicle, packed in the efficient and low-cost ETF wrapper. The foundation of any economy lies in the manufacturing of goods and their distribution to businesses and consumers. XLI provides investors with access to this fundamental process that is vital to the daily operations of commerce, retail, and services. Understanding the significance of each of the core 11 sectors of Select Sector SPDR ETFs is crucial when building a diversified portfolio, as it aids investors in their journey towards meeting their investment goals. For investors of all sizes, XLI can serve as an excellent entry point to consider. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. * Holdings, Weightings & Assets as of 9/15/23 subject to change ** Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006898 EXP 11/30/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 02, 2023 07:54 AM Eastern Daylight Time

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Yorkton Equity Group Inc. Announces Acquisition of The Fuse, a 125-Unit Multi-Family Residential Complex in Edmonton, Alberta

Yorkton Equity Group Inc.

Edmonton, Alberta – TheNewswire - October 2, 2023 – Yorkton Equity Group Inc. (TSXV:YEG) (“Yorkton” or the “Company”) is very pleased to announce that after completing a thorough due diligence and evaluation process, the Company has removed all buyer’s conditions on a purchase and sale agreement (“PSA”) for the acquisition of “The Fuse”, a one hundred and twenty-five (125) unit multi-family residential complex constructed in 2015 and comprising of two condominium grade buildings situated on approximately 2.67 acres of land located in the Summerside neighborhood at 2105 and 2109 68 Street SW, Edmonton, Alberta (the “Property”) with a purchase price of $25,625,000.     Under the terms of the PSA, as amended, the Company had sixty (60) days from the date of execution to waive or satisfy the condition on the transaction, which was obtaining financing to complete the transaction. On September 21, 2023, the Company satisfied the financing condition of PSA, and all buyer conditions were removed.  The closing date for the acquisition of the Property is November 16, 2023.   Click Image To View Full Size   Click Image To View Full Size   Click Image To View Full Size   The Property is comprised of twenty-three (23) one-bedroom with one-bathroom suites, seventy (70) two-bedroom with two-bathroom suites, and thirty-two (32) two-bedroom and den with two-bathroom suites. The average suite size is 910 square feet and the total net rentable space is 113,803 square feet. Each suite includes contemporary suite amenities such as granite countertops, tiled kitchen backsplash, modern stained birch cabinets and designer tile flooring and is equipped with in-suite laundry and storage.  The Property has forty-eight (48) underground parking stalls and one hundred and thirty-two (132) surface parking stalls.  Each building is equipped with elevator access to all floors.  The Property also includes amenities such as air-conditioned hallways, and a fitness center in each building.   The Company has already paid non-refundable deposits totaling $1,000,000.  The remaining amount of the purchase price, subject to the usual adjustments, will be paid on the closing date.   Mr. Ben Lui, President and CEO of Yorkton comments, “Expanding upon our recent acquisition of The Dwell, a luxurious 188-unit newly built condominium grade apartment complex, The Fuse represents another milestone in our ongoing growth and a significant addition to our portfolio. Yorkton remains focused on growing its residential property portfolio in Alberta, where the housing demand is strong as a result of international and inter-provincial in-migration due to Alberta’s strong economy and job market, low cost of living, and affordable housing.  Please stay tuned for a further press release which will be disseminated upon the closing of the Property.”   About Yorkton   Yorkton Equity Group Inc. is a growth-oriented real estate investment company committed to providing shareholders with growing assets through accretive acquisitions, organic growth, and the active management of multi-family rental properties with significant upside potential. Our current geographical focus is in Alberta and British Columbia with diversified and growing economies, and strong population in-migration. Our business objectives are to achieve growing Net Operating Income (“NOI”) as well as the asset values in our multi-family rental property portfolio in strategic markets across Western Canada.   The management team at Yorkton Equity Group Inc. has well over 30 years of prior real estate experience in acquiring and managing rental assets.   Further information about Yorkton is available on the Company’s website at www.yorktonequitygroup.com and the SEDAR+ website at www.sedarplus.ca. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For further information on Yorkton, please contact:   Ben Lui, CEO - Corporate Office: (780) 409-8228 Yorkton Equity Group Inc. – Shareholder Communications: (780) 907-5263 Email: investors@yorktonequitygroup.com   Forward-looking information   This press release may include forward-looking information within the meaning of Canadian securities legislation concerning the business of Yorkton. Forward-looking information is based on certain key expectations and assumptions made by the management of Yorkton. Although Yorkton believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Yorkton can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. Yorkton disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.   This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any applicable securities laws or any state of the United States and may not be offered or sold in the United States or to the account or benefit of a person in the United States absent an exemption from the registration requirement.

October 02, 2023 07:16 AM Eastern Daylight Time

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Spectral AI announces "single largest contract to date"

Spectral AI Inc

Spectral AI Ltd (NASDAQ:MDAI) founder and CEO Wensheng Fan speaks to Thomas Warner from Proactive after the medical-focused artificial intelligence company announced it has been awarded a new contract valued at up to $149 million by the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services. The CEO describes the contract as Spectral AI's "single largest to date" and highlights that it represents an important step forward in its commercial efforts. The deal includes a base phase of $55mln for FDA clearance of "Deep View" in burn indication. The technology aims to assist ER physicians in determining whether burn patients should be transferred to specialized burn centers. With 1.1 million burns occurring in the US annually, the potential for Deep View's application in emergency rooms and trauma centers is vast. Additionally, the technology will play a role in the treatment flow of both burn and diabetic foot ulcers, further expanding its clinical utility. Fan explains that following Spectral's recent move from London's AIM to the NASDAQ, the contract signifies a pivotal moment in the company's history, cementing its commercial future and revealing more about its potential impact on the healthcare sector. Contact Details Proactive Investors +44 20 7989 0813 uk@proactiveinvestors.com

September 29, 2023 01:17 PM Eastern Daylight Time

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VinFast officially launches VF 6 in Vietnam

Vingroup

HO CHI MINH CITY, VIETNAM - Media OutReach - 29 September 2023 - VinFast has officially launched VF 6, its first electric model in the B-SUV segment, the ideal choice to begin every journey for Vietnamese families. With a starting price of 675 million VND, the VF 6 is now available for order in the Vietnamese market from October 20, 2023. In the Vietnamese market, the VinFast VF 6 comes with 2 trims: Base and Plus. The base trim starts at 675 million VND (excluding battery) or 765 million VND (including battery), while the plus trim starts at 765 million VND (excluding battery) or 855 million VND (including battery). From October 20, 2023, customers can place their orders at VinFast stores, dealer networks, or through the website https://reserve.vinfastauto.com to enjoy attractive offers. Specifically, customers will receive incentives of up to 20 million VND when making the order from October 20 until 23:59 October 30, 2023; and complete the purchase procedure within 3 months from the date VinFast starts to deliver the VF 6 to the customers. The offer is not applied to the customer who changes the owner's name in the purchase. VinFast will also display VF 6 at VinFast Stores and its dealer's showroom network nationwide from September 30, 2023, allowing customers to experience the product before making their order decision. The delivery of the VinFast VF 6 models to Vietnamese customers is expected to commence by the end of 2023. VF 6 is the next strategic model in VinFast's electric vehicle lineup, after VF e34, VF 8, VF 9, and VF 5. The model features a sophisticated design crafted by world-renowned Torino Design, a spacious and comfortable interior for the whole family, powerful performance, and a wide range of smart technologies and features. VinFast VF 6 has a length of 4,238mm, a width of 1,820mm, a height of 1,594mm, and a wheelbase of 2,730mm. These measurements ensure ample interior space, equivalent to that of C-segment internal combustion engine cars. The VF 6 features a stylish exterior design, featuring VinFast's distinctive LED light strip and attractive 5-spoke alloy wheels. The alloy wheels can be up to 19 inches in size, enhancing the car's overall striking appearance. VF 6 offers a range of colors for both its exterior and interior. It provides five available options for the exterior and two for the interior. One standout new choice is the introduction of a Mocca Brown interior color, which caters to the varying tastes, preferences, and styles of a diverse range of customers. Both Base and Plus trims of the VF 6 are equipped with a 59.6 kW LFP battery that enables a driving range of up to 399 km and 381 km respectively (WLTP standards) per full charge. The vehicle uses an electric motor that boasts a maximum power of 100 kW and 150 kW respectively with a maximum torque of 135 Nm and 310 Nm, giving an exciting driving experience and easily meeting the travel needs of all passengers. In early 2024, the VF 6 Plus will be updated over the air and free of charge to integrate the advanced driver assistance system. The update will bring various outstanding features to the VF 6 Plus, including traffic jam assist, highway assist, lane keep assist, lane centering assist, adaptive cruise control, traffic sign recognition, front/rear automatic emergency braking, and more. These features enhance the driving experience of the VinFast VF 6, making it stand out in its segment and providing drivers with excitement and peace of mind on every journey. In addition, the VinFast VF 6 is a high-quality electric vehicle equipped with advanced technology and smart features to meet the entertainment and utility needs of its drivers. The VinFast virtual assistant is available to interact with drivers using multi-regional Vietnamese voice commands, answering questions, and providing control of the vehicle. As with all VinFast electric vehicles, the VF 6 includes excellent after-sales policies such as a 7-year or 160,000 km (whichever comes first) warranty, Special Aftersales Policies, and a commitment to buying back used electric cars after five years at an attractive price. Customers can learn more about the showcase schedule of VF 6 at https://vinfastauto.com or on the official VinFast page: https://www.facebook.com/VinFastAuto.Official. Contact Details Media Contact +84 96 196 65 65 v.chidqd1@vingroup.net Company Website https://vinfastauto.com

September 29, 2023 11:57 AM Eastern Daylight Time

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1606 announces launch of ChatCBD, a revolutionary AI chatbot to enhance customer experiences

1606 Corp.

1606 Corp CEO Greg Lambrecht joined Proactive's Steve Darling with news the company is launching ChatCBD, an AI chatbot designed to revolutionize the customer experience. Lambrecht explained that ChatCBD, a conversational e-commerce tool, is set to debut through a partnership with Cool Blue Distribution. This strategic collaboration will enable 1606 to integrate its proprietary AI merchandizing ChatBot into Cool Blue's website. ChatCBD has been custom-tailored to provide comprehensive responses to customer inquiries related to CBD and offer product recommendations from the range of retail brands available through Cool Blue Distribution, a leading CBD distributor in the United States. The chatbot's standout feature lies in its utilization of Natural Language Processing (NLP) technology, which equips it with the capability to comprehend and respond to customer queries with a high degree of precision and understanding, akin to human interactions. Furthermore, ChatCBD operates 24/7, ensuring that customers receive assistance and solutions to their questions promptly, even beyond regular business hours. This innovative approach not only enhances the customer experience but also showcases 1606 Corp's commitment to leveraging cutting-edge technology to provide valuable solutions in the growing CBD market. By offering an AI-driven chatbot for CBD-related inquiries and product recommendations, 1606 Corp aims to create a seamless and informative shopping experience for consumers exploring the world of CBD products. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

September 28, 2023 01:46 PM Eastern Daylight Time

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This Company Is Using AI To Establish Trust In A Digitally Connected World

Benzinga

By Faith Ashmore, Benzinga In today's increasingly digital world, the prevalence of fraud is a growing concern. The rapid advancement of technology and the widespread use of the internet have created new opportunities for unscrupulous individuals to exploit unsuspecting individuals and organizations. With the convenience and anonymity offered by the digital space, scammers can carry out illegal activities from anywhere in the world with greater ease than ever before. From online identity theft to phishing scams, digital fraud has become more sophisticated, making it harder for people to detect and protect themselves. The sheer volume of personal and financial information being shared online also increases the risk of data breaches and unauthorized access. Trust Stamp (NASDAQ: IDAI) is a company looking to revolutionize digital security and increase its penetration. The company is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. Their biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. In the face of increasing threats, Trust Stamp also provides cryptocurrency security and compliance solutions. Their expertise in this area assists businesses in safeguarding their digital assets, ensuring compliance with regulatory frameworks and protecting against unauthorized access or misuse. By facilitating accurate and reliable identity verification, Trust Stamp helps build trust between parties engaging in digital transactions, fostering secure interactions in a digital world. Unlike other companies that may enable AI to make complex decisions regarding users' authentication and identification, Trust Stamp has constructed a process that uses ML and various metric and statistical methods to audit the AI system. Their AI is used to extract information needed for identity verification but does not make the final decision, which helps to ensure that all decisions made using their systems are transparent and auditable. While Trust Stamp’s mission is similar to companies like Mitek (NASDAQ: MITK) and Nuance Communications (NASDAQ: NUAN), Trust Stamp has developed a proprietary process for tokenizing identity using an irreversible transformation via a convolutional neural network, creating an identity token known as IT2. The IT2 is generated by these AI processes, and data is removed and destroyed, making the token safe to store and reuse in the future. This process allows Trust Stamp to offer two unique value propositions to its customers: reauthentication and deduplication. Reauthentication enables users to reauthenticate using biometrics with ease, and deduplication allows for deduplication at scale to prevent synthetic identity fraud. Additionally, Trust Stamp is utilizing AI to improve the capture process and enhance users' experience. Its work focuses on using AI and language models to dynamically instruct users on how to take a quality picture, guiding them on the necessary changes to phone position, lighting and head position, among other parameters. This technology not only makes facial matching accessible to those with special needs but also vastly reduces bias in outcomes from AI-powered decision processes. As the digital landscape continues to evolve, Trust Stamp's emphasis on privacy and data protection is aimed at ensuring that users’ personal information is safeguarded at all times. By providing secure and trusted identity services, Trust Stamp positions itself as a crucial ally in the ongoing battle against fraud and identity-related issues, supporting a safer and more secure digital environment for all stakeholders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 28, 2023 09:15 AM Eastern Daylight Time

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