Posted on

Top AI Experts Shed Light on the Need to Accelerate AI, RPA to Support Businesses and Enterprises in The Philippine Market

MANILA, Oct 13, 2021 - (ACN Newswire via SEAPRWire.com) - The Philippines played host to a content-rich virtual conference on Artificial Intelligence and Robotic Process Automation on Thursday, 16 September 2021. Hosted by Trescon, World AI & RPA Show convened over 250 online participants that included major stakeholders of the Philippines' AI ecosystem including government authorities, top AI experts and solution providers. The virtual conference featured leading AI organizations such as Oracle and Denodo coming together to discuss the Philippines' AI and RPA prospects.An image from World AI & RPA Show - Philippines' panel discussion streamed live on 16 September 2021The conference was themed on highlighting the next steps driving the Philippines' plans for the future through the use of emerging technologies.The event focused on key topics such as preparing for the next evolution of AI as a driver for business success; Building the business strategy for AI across the enterprise; Aligning organizational structure to deploy at scale; RPA and AI implementation: Challenges and Opportunities; Leveraging Intelligent Automation to tackle issues of compliance and big data; Improving CX with AI and RPA, and much more.The show featured a groundbreaking collaboration from experts such as:- Gregorio B Honasan II, Executive VP and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation- Peter Leong, AI Specialist, Singapore Polytechnic- Yu Ka Chan, Senior Regional Manager, Cloud Engineering, Oracle ASEAN- Alex Hoehl, Senior Director, Partner Channel Sales & Business Development, APAC, Denodo- Simon Johnson, Asia Head of Claims Advisory and Operations, Marsh Asia- Peter Lee, Head of Customer Loyalty, Payment and Big Data, PLUS Malaysia- Kathleen Mackay, Chief Digital Officer, Revenue NSW - Department of Customer Service- Andy Chun, AI Pioneer, Regional Director - Technology Innovation, Prudential Corporation Asia- Lcol Francel Margareth Taborlupa, IS Officer, National Task Force Against Covid 19- Reynaldo (Rey) Lugtu, Founder & CEO, Hungry Workhorse- Edmund Situmorang, CTO, Sinarmas Group; to name a few.Gregorio B. Honasan II, Secretary at Department of Information and Communications Technology (DICT), discussed at length on the topic 'Artificial Intelligence: Advancement in information and communications technology'. He stated, "We at DICT play the most important role in the AI strategic planning, focusing on the important factor of digitalization and architecture. Our aim is to ensure that the AI-driven economy is successfully promoted, beginning with the development of digital highways."Yu Ka Chan, Senior Regional Manager, Cloud Engineering at Oracle ASEAN spoke on Unlocking the power of AI and ML with Oracle Cloud Technology. He was quoted saying, "We at Oracle are helping our customers to manage their data very effectively and in the end, we are able to help them drive a positive business outcome."While speaking about 'How data virtualization accelerates machine learning and AI projects', Alex Hoehl, Senior Director, Partner Channel Sales & Business Development, APAC, at Denodo, mentioned that, "The Denodo platform deployment was as easy as a click of a button with centralized configuration management. This simplified Prologis's Data architecture and also helped bring down the overall maintenance cost."LCol. Francel Margareth (PADILLA) Taborlupa, Head Executive Assistant to Presidential Adviser on Peace, Reconciliation & Unity & IS Officer at National Task Force Against Covid 19 Philippines in her keynote spoke at length on the topic, 'The Importance of AI In the Pandemic Response Operations', where she stated that, "AI tools can help monitor the economic crisis and recover. For example, via satellite, social networking and other data, like Google's community and with data gathered through AI, we can learn from the crisis and build early warnings for a future outbreak.""The right business environment for AI & RPA is an important part of the game as it provides a wide range of options, and we were privileged to provide that environment. Innovations like AI, however, need to be contextualized and integrated into an enterprise use case," stated Mithun Shetty, CEO, Trescon. The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.World AI Show Malaysia was officially sponsored by Gold Sponsors - Oracle and Denodo; Bronze Sponsor - BCS Technology. About World AI & RPA ShowWorld AI & RPA Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. It connects top AI & RPA experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators -- to discuss the impact of AI & RPA on commercial applications and the revolutionary ways it can transform businesses and government functions.About TresconTrescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.For further details about the announcement, please contact: Media, PR & Corporate Communications +91 81059 75937 media@tresconglobal.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

Read More
Posted on

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

SEATTLE, WA, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - Decentralized finance (Defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (Dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into Defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, a Dex liquidity oracle that aims to capture untapped liquidity from small to medium cap tokens. On April 8, 2021, XFai plans to host a Liquidity Generation Event (LGE), and this week it was announced that Bitcoin.com's founder and angel investor Roger Ver has invested in XFai.XFai's Dex Liquidity Oracle Aims to Empower Decentralized Finance and Capture Untapped LiquidityDefi concepts and decentralized exchanges are all the rage these days, and a great number of Dex platforms have outperformed their centralized exchange (Cex) counterparts. Today, data shows the total value locked (TVL) into Defi is over $43 billion, and Dex protocols like Uniswap, SushiSwap, and Curve.fi are seeing significant trade volume. Statistics show that $1.7 billion was swapped on Dex platforms in the last 24 hours, and $12 billion traded during the last seven days.Now there's a new Defi project on the horizon called XFai that's planning to launch in the near future. The protocol leverages its unique Dex Liquidity Oracle (DLO) for small to medium cap tokens. XFai"s goal is to develop tools by graphing the Defi space and release game-changing decentralized products.The project has published a comprehensive white paper that provides XFai's documentation and insight into the protocol design. The team is launching a native coin called the XFIT token and the project's Dex Liquidity Oracle, or DLO for short, aims to be a game-changer. The DLO tech can help low-capitalized tokens gather attention and significantly increase token liquidity."XFai's cutting-edge technologies such as the Potentializer and the DLO (Dex Liquidity Oracle) allows small and mid-cap token holders to join a large liquidity pool that charts centralized exchanges, and provides the same - if not more optimized - liquidity depth in decentralized exchanges," the XFai developers explained to Bitcoin.com's newsdesk.Furthermore, the team detailed that XFai has enabled an anti-slippage tool to ensure that traders can freely complete transactions without being trapped, while removing the need for automated market makers (AMM). XFai's DLO description explains: To encourage more users to participate in liquidity provision, XFai has developed a one-step liquidity addition method, dramatically reducing the hassle and the gas fees involved with liquidity farming. In return, liquidity providers can earn protected APY.Roger Ver Backs XFai for the future of Defi infrastructureThe vast number of Defi projects in the space today focus solely on the top tier of the tokens by market cap, and centralized exchanges operate in the same manner. XFai's team hopes to open more doors for tokens with small to medium caps and offer them a "seat at the Defi table." The project has already attracted a number of investors including venture funds, and more recently Bitcoin.com's founder and angel investor Roger Ver has decided to back the XFai project."XFai stood out to me due to the potential of their oracle to unlock incredible opportunities in the blockchain space," Ver said speaking about the investment. "XFai enables actual decentralization by allowing small and mid-cap tokens to finally have a seat at the table. I look forward to watching XFai become a game-changer in the Defi space by providing a solid foundation for future projects to build upon," the Bitcoin.com founder added.Ver is one of the earliest investors in the bitcoin space, and has been promoting blockchain technology for well over a decade. The undisclosed investment into XFai stems from Ver's personal investment arm. The XFai LGE is set to go live on Thursday, April 8 and the team stressed that it was "designed with feasibility and simplicity in mind." Bitcoin.com readers can check out more information about this Defi concept via the project's website, Telegram channel, social media feeds, and interested developers can look at the project's Github repository."We invite everyone to join XFai in making Defi more accessible, open, and economically empowering, starting with the XFai LGE," the XFai creators conclude. "The [XFai LGE] user interface is intuitively laid out, while the involved operations are combined into one single click. We believe this will result in the opportunity for even those who have never participated in liquidity mining to join in a stress-free manner, and reap the benefits of high APY and the explosive potential of XFIT."Web: https://Xfai.com Medium: https://xfai-official.medium.com/aboutSource: Plato Data Intelligence Web: bit.ly/3dmAVLp Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

Read More
Posted on

AU21 Backs XFai’s Reimagined Future of DeFi

Washington, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - AU21, one of the most reputable venture capital firms in the world focusing on blockchain and digital assets, has decided to partner with XFai through a strategic investment. The partnership comes at an important time, as XFai's proposed changes in the DeFi space are quickly gaining momentum as the project's public token sale -- referred to as Liquidity Generation Event (LGE) -- is quickly approaching. AU21 is proud to be bound to XFai by providing its support and access to its network for XFai to reach a wider audience within the DeFi space and help revolutionize the industry.XFai is a project set to chart a new course for how investors and projects interact within the DeFi ecosystem. It develops various tools that chart the liquidity depth and the order book of both DEX (decentralized exchanges) and CEX (centralized exchanges). Using its native-built DLO (DEX Liquidity Oracle), XFai shifts the liquidity between DEX and CEX dynamically to allow investors on DEX to benefit from free-flowing token liquidity, ultimately freeing the investors to enjoy optimized trading grounds on decentralized exchanges. XFai's DLO is equipped with anti-slippage technology and an efficient one-sided provisioning, allowing both investors and liquidity farmers to minimize costs while enjoying transparency that shows the actual impact of their trading actions. Moreover, DLO allows partnered small and mid-cap tokens to benefit from APY earnings, allowing holders and projects to gain a bolstered income by choosing to stake their tokens in the liquidity pool.AU21, the newest investor to be announced as part of XFai's increasing list of stellar venture capital partners, has an impressive track record of leading projects to astounding success. Founded in 2017, AU21 quickly rose to become one of the most renowned names in the blockchain space. The venture capital firm has been involved in the success of various projects such as the Graph, Synthetix, Centrifuge, Polkadot and Elrond."We are proud to announce our backing of XFai and their autonomous liquidity management solution for cryptocurrencies. The DEX Liquidity Oracle achieves several technological milestones in decentralized liquidity provision, and will serve to create a more efficient and accessible marketplace for digital assets," comments AU21.About AU21XFai is set to open the doors to public investors on April 8 through its Liquidity Generation Event (LGE). Unlike traditional Token Generation Event (TGE), the LGE is designed to allow participants to purchase the XFIT tokens and stake them in the liquidity pool in one step and one interface, compared to the normal procedure which would involve up to 4 steps and the hassle of navigating multiple interfaces. The unique launch mechanism, developed by XFai, is expected to set a new standard on how tokens are offered to the public. The LGE also dramatically lowers the likelihood of failed transactions, protecting the participating investors from paying high gas fees for those transactions. Moreover, the one-step mechanism is designed to save the participants from paying exuberantly high gas fees, which has been severely affecting the recent DeFi space. XFai's XFIT LGE is set to launch on April 8, 2021.We thank the support of AU21, and look forward to changing the current DeFi landscape for the better through the guidance of AU21.About XFaiXFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DLO is set to invite mid and small-cap tokens to start earning APY on their token holdings, while the XFai LGE is set to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai's native token, XFIT, is set to launch on 8th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.Source: Plato Data Intelligence: https://platoblockchain.net/ (bit.ly/3cuY52V) Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

Read More
Posted on

Modefi Integrates Blockpass Ahead of Token Offering for Oracle Solution

HONG KONG, Feb 8, 2021 - (ACN Newswire) - Blockpass, the pioneer of On-chain KYC(TM), is excited to announce its latest partner, Modefi, in what is another step towards providing security and trust for Oracle solutions and blockchain technology. In this new partnership, Blockpass will be providing its revolutionary KYC services to the company as Modefi seeks to create truly decentralized, secure and precise oracle solutions. This integration comes just as Modefi prepares for its token offering on the 10th of February 2021, which will take place on the TrustSwap Launchpad.As a Decentralized Aggregated Oracle, Modefi facilitates fully trustless and decentralized off-chain data, on chain, in its mission to secure the DeFi space against bad actors. It provides on-demand oracle data through a P2P incentivized network so that users are able to obtain atypical off-chain data for on-chain solutions. As it builds the foundation for real world adoption of oracles and DeFi, Modefi provides an oracle marketplace - a secure, trustless market for oracle data, clients and providers. Modefi's solution utilises smart contracts and multiple data sources to remove outliers, malicious actors and corrupt data autonomously as it brings oracle data to multiple blockchains.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users."We're looking forward to working with Modefi to further our shared interests in trusted security and on-chain solutions," said Blockpass CEO Adam Vaziri, "Decentralised oracles represent the next step in integrating blockchain technology with real-world solutions and promise to enable a future where blockchain-based apps have a reliable, accessible source of trusted data. This removes one of the final hurdles to the mass-adoption of blockchain technology.""It's a pleasure to be partnering with the pioneer of the on-chain KYC ecosystem. We are excited to be able to give our clientele a fast, secure way to submit their personal data. The Modefi team is looking forward to integrating with the Blockpass system for a long term partnership."Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with, and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance.With a current 90%+ discount on its services, a fact made possible due to the unique reusable nature of its verification method, and put in place to help as many people as possible access KYC in the current pandemic, there has never been a better time to explore the potential of Blockpass. The Blockpass App is available from the App Store and Google Play.About BlockpassBlockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network - a decentralized oracle solution - in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come.For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.orgAbout ModefiModefi Ltd. is an Oracle platform that empowers end users, businesses and developers to incorporate truly decentralized on-chain data within their custom applications. Modefi's suite of Oracle solutions provide a high level of transparency, precision, and trustlessness. Modefi works with many DeFi projects and Oracle platforms to provide a brighter future for blockchain and adoption. For more information, visit https://modefi.io or email us at info@modefi.io Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

Read More