Blockchain Press Releases
inwi extends partnership with Subex for AI-based Fraud Management and Business Assurance on HyperSense
BENGALURU, India, June 28, 2023 /PRNewswire/ — Subex, a telecom analytics solution provider, has been awarded a five-year contract with inwi, a major telecom operator in Morocco, to transform their existing Revenue Assurance and Fraud Management (RAFM) system to HyperSense Business Assurance and Fraud Management, including Managed Services support.
inwi aims to lead in innovation, customer experience, and digitization of services. In 2019, inwi achieved a noteworthy milestone by becoming the first telecom operator in Africa to launch a 100% digital brand ‘win by inwi’. To meet new demands and ensure customer satisfaction, the company was searching for a solution that could be scaled to accommodate new services and business lines while minimizing potential risks. Based on the success of their longstanding partnership with Subex spanning over a decade, inwi was confident in HyperSense’s AI/ML capabilities to augment their existing rule-based approach. This integration would provide robust protection against new types of telecom risks and enable inwi to achieve greater growth and profitability.
Through the deployment of the HyperSense platform, inwi will benefit from a more advanced and sophisticated system that has greater automation and best-in-class AI/ML capabilities. These capabilities will enable inwi to identify and prevent revenue leakages and fraud more efficiently.
The upgrade to Business Assurance and Fraud Management on HyperSense will bring several business benefits for inwi, including:
- Boost business agility and innovation to create new use cases in an autonomous manner, using HyperSense’s DIY capabilities.
- Maximize cost-efficiency and improve financial performance with optimized OPEX and CAPEX budget, reduced footprint, and best-in-class TCO through rolling upgrades.
- Accelerate time-to-revenue and gain competitive advantage with an agile deployment approach allowing for quick benefit realization and faster market penetration.
- Leverage AI to amplify risk detection and enable faster mean time to detect and resolve false positives.
- Future proof against next-gen telecom risks with advent of services in 5G, digital services and complex partner ecosystems.
- Make quick data-driven decisions with advanced visualization and dashboarding capabilities
“We are delighted to continue our partnership with inwi, one of the fastest-growing digital services providers in Morocco. We are very excited to support them consolidate their position as a leader in innovation and customer experience with our HyperSense Business Assurance and Fraud Management solution. This solution will give inwi access to advanced AI/ML technology that can help them detect and prevent revenue leaks and fraud more effectively. With this upgrade, inwi will be better equipped to meet customer demands, provide an excellent customer experience, and improve their financial performance. This partnership demonstrates our expertise, competence, and strong customer relationships, and we are eager to collaborate with inwi to address their challenges and support their growth.” – Shankar Roddam, Chief Operating Officer, Subex.
“inwi is committed to providing the best-in-class customer experience while protecting our revenues and combating fraud. We have been working with Subex for more than a decade and have witnessed their commitment to delivering quality services. We are now looking forward to unlock the full potential of HyperSense, and leveraging it to achieve our growth objectives,” said Mr. Mohammed Temsamani, Head of Revenue Assurance and Fraud Management, inwi.
About Subex
Subex is a pioneer in enabling Digital Trust for businesses across the globe.
Founded in 1994, Subex helps its customers maximize their revenues and profitability. With a legacy of having served the market through world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on risk mitigation, security, predictability, and intelligence, Subex helps businesses embrace disruptive changes and succeed with confidence in creating a secure digital world for their customers.
Through HyperSense AI, Subex empowers communications service providers and enterprise customers to make faster, better decisions by leveraging Artificial Intelligence (AI) analytics across the data value chain. The solution allows users without coding knowledge to easily aggregate data from disparate sources, turn data into insights by building, interpreting and tuning AI models, and effortlessly share their findings across the organization, all on a no-code platform.
Subex has more than 300 installations across 90+ countries.
Logo: https://mma.prnewswire.com/media/2143136/Subex_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/inwi-extends-partnership-with-subex-for-ai-based-fraud-management-and-business-assurance-on-hypersense-301865817.html
Blockchain Press Releases
Bybit Unveils Its Web3 Vision: Pioneering Simplicity, Openness, and Equality in the Decentralized Ecosystem
DUBAI, UAE, Dec. 8, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, today unveiled its forward-thinking Web3 vision on its 5th anniversary, aimed at creating a decentralized ecosystem that is Simpler, Open, and Equal for all.
“Our Web3 vision is an extension of our promise to be the Crypto Ark, safeguarding user assets and seamlessly integrating them into the world of crypto. We want to help bridge more users from Web2 into Web3, by building a decentralized ecosystem that’s simpler, open and equal for all,” said Ben Zhou, Co-founder and CEO of Bybit.
Bybit’s Web3 Mission and Values: Openness Redefined
At the core of Bybit’s Web3 vision lies a commitment to openness. Bybit aims to be open to all builders, creators, and partners in the blockchain space. This translates into a commitment to collaboration, exploration and innovation with our community and partners to build an environment where blockchain technology empowers everyone equally.
Bybit’s goal is to connect and open up currently segregated walled systems into an unified experience that connects users seamlessly across various Web3 ecosystems, platforms and services.
Unlocking the Promise of Web3
Bybit’s strategic approach to achieving its Web3 vision is multifaceted, encompassing infrastructure, application, ecosystem and user engagement initiatives:
- Opening Up and Simplifying Access to Web3
- Bybit Web3 will introduce multi-wallet integration, seamlessly blending ease with advanced technology, empowering users to manage both custodial wallet and MPC wallets for various uses.
- Users can easily access dApps, NFT marketplaces, and the entire spectrum of Web3 features and services directly from the Bybit Wallet. This streamlined approach allows users to conveniently manage their DeFi portfolios, encompassing buying, selling, trading, swapping, and staking DeFi assets, all within a few clicks on a single platform.
- Deepening Ecosystem Partnerships, Equalising Access to Opportunities
- Building upon a successful 2023 marked by empowering partners to embrace the Web3 space, such as the Oracle Red Bull Racing Velocity series, Bybit will continue to upgrade its Web3 infrastructure, foster more partnerships with prominent blockchain ecosystems and projects, including the launch of its revamped NFT marketplace.
- Users can expect a more diverse and dynamic marketplace, a broader range of curated digital assets, and increased liquidity, all of which will facilitate easier participation in the opportunities within the DeFi and NFT space.
- Brands and businesses seeking to transition into or harness the Web3 space can look forward to enhanced support, such as tailored programmes and collaborative initiatives, empowering them to harness opportunities presented by the evolving decentralized landscape.
- Bringing Simplicity, Enjoyment, and Rewards to Web3
- Bybit is dedicated to injecting fun and rewards into the open exploration of Web3 for all users and partners, cultivating a more inclusive and participatory experience in the decentralized realm.
- The community can anticipate more support, incentives and initiatives empowering them to develop their research, analysis, and investment skills, as well as to build and expand the Crypto Ark and Bybit Web3 ecosystem together.
“In a world where division prevails, we aim to build an ecosystem that breaks down barriers and enables equal opportunities for everyone,” adds Ben.
“This unwavering commitment aligns with Bybit’s broader vision to democratize access to the transformative power of Web3, ensuring that its benefits extend far beyond the realms of technology and finance.”
#Bybit #TheCryptoArk #BybitWeb3
About Bybit
Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It 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 more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-unveils-its-web3-vision-pioneering-simplicity-openness-and-equality-in-the-decentralized-ecosystem-302009979.html
Blockchain Press Releases
Innovative Crypto-Native Money: Bybit to Integrate Ethena’s USDe Stablecoin
DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, is proud to announce the partnership of its institutional team with Ethena Labs, heralding the integration of the new USDe stablecoin on its platform.
Ethena’s synthetic dollar protocol, USDe, offers a groundbreaking solution for decentralized money, independent of traditional banking infrastructure. It provides a censorship-resistant, scalable, and stable solution. By delta-hedging staked Ether (ETH) collateral on Bybit, USDe ensures full collateral backing without sacrificing ETH yield.
Bybit will play a crucial role in Ethena’s strategy, handling a significant portion of the initial hedging flow for USDe. This partnership represents a strategic step towards creating a crypto-native solution to digital money.
The introduction of USDe on Bybit also provides the opportunity for users to diversify their stablecoin holdings into a crypto-native product. This offers an uncorrelated risk profile compared to the centralized stablecoins currently dominating exchanges.
Ethena keeps its assets with qualified custodians demonstrating Bybit’s commitment to providing trading infrastructure that meets the demands of large institutional players. Indeed, Ethena’s approach to separate custody and execution, similar to traditional markets, and its commitment to using off-exchange custodians for accessing centralized liquidity, positions it as a transformative force in the industry.
“Our collaboration with Ethena Labs represents our commitment to solving some of the biggest challenges in crypto today, not least, the creation of a decentralized stablecoin,” said Ben Zhou, co-founder and CEO of Bybit. “The integration of USDe on Bybit expands our stablecoin offerings, providing our users with an array of uncorrelated solutions accessible from our Unified Trading Account.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It 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 more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube
Photo – https://mma.prnewswire.com/media/2295525/Image.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/innovative-crypto-native-money-bybit-to-integrate-ethenas-usde-stablecoin-302008925.html
Blockchain Press Releases
US blockchain company, Constellation Network, Welcomes Leading Experts from Top Enterprises and U.S. Government Agencies to their Enterprise Advisory Board.
SAN FRANCISCO, Dec. 6, 2023 /PRNewswire/ — Constellation Network, a trailblazing US blockchain enterprise, proudly unveils its Enterprise Advisory Board, marking a significant stride in expanding its influence across commercial, enterprise, and federal sectors. This board, comprising distinguished leaders from diverse backgrounds, underscores Constellation’s commitment to innovation and security, notably as the first blockchain to develop secure communications for the US Department of Defense.
The board members, selected for their expertise and visionary leadership, include:
Erik Bethel, a global finance expert with significant public and private sector experience, including a pivotal role at the World Bank. His insights into blockchain and AI technologies are invaluable for advancing Constellation’s strategic objectives.
Michael Sandoval, a former Microsoft executive and current CEO of AI Research Corporation, brings a wealth of experience in AI, cybersecurity, and technological architecture, enhancing Constellation’s approach to secure communications and blockchain technology.
Alan Boehme, with over 25 years in global corporations, including H&M and Coca-Cola, offers a deep understanding of emerging technologies. His expertise will be pivotal in guiding Constellation’s technological innovations and applications across industries.
Art Seabolt, a technology specialist with four decades of experience, including senior executive roles, contributes his knowledge in large-scale data management and technology innovation, crucial for Constellation’s big data and blockchain initiatives.
Ken Spedden, recognized by the White House Office of Science and Technology Policy for his technological innovations, brings a unique perspective on applying technology to complex societal and security challenges. His experience in inter-agency collaboration and technology application bolsters Constellation’s mission in leveraging blockchain for wide-ranging societal and national security needs.
The formation of this board is a testament to Constellation Network’s dedication to harnessing Web3 technology for addressing global and industry-specific challenges. This initiative is a key component of Constellation’s strategy to pioneer blockchain applications that are secure, scalable, and transformative.
For more details about these advisors and their contribution to Constellation Network’s vision, visit https://constellationnetwork.io/team.
About Constellation Network, Inc.
Constellation Network is a dynamic force in blockchain, offering an open-source framework for business development. The assembly of this board is a decisive move in solidifying Constellation’s position as a leader in blockchain.
Twitter: @conste11ation
Logo – https://mma.prnewswire.com/media/965803/Constellation_Network_Logo.jpg
-
Blockchain Press Releases6 days agoBitget To List Carbon Browser (CSIX) in Spot Market and Innovation Zone
-
Blockchain Press Releases4 days agoBybit’s 5-Year Milestone: CEO Ben Zhou Reflects on Half a Decade of Crypto Leadership
-
Blockchain Press Releases2 days agoUS blockchain company, Constellation Network, Welcomes Leading Experts from Top Enterprises and U.S. Government Agencies to their Enterprise Advisory Board.
-
Blockchain Press Releases4 days ago
Milk Coin (MLK) is newly listed on Bybit, one of the largest crypto exchanges in global
-
Blockchain Press Releases3 days ago
Nubank Cripto Integrates Talos’s Smart Order Routing System to Reduce Trading Costs
-
Blockchain4 days ago
Unlocking Potential: Saudi Arabia’s ICT Market Insights Revealed by Infinium Global Research
-
Blockchain Press Releases2 days agoBybit Leads Green Revolution with 5ire Blockchain’s Stellar Market Debut
-
Blockchain Press Releases22 hours agoInnovative Crypto-Native Money: Bybit to Integrate Ethena’s USDe Stablecoin
