Blockchain Press Releases
Auchan Go – a new dimension of retail
Auchan opens the first self-service store in the Polish market and announces further development of its autonomous concept
WARSAW, Poland, June 29, 2023 /PRNewswire/ — Auchan Retail Poland has launched the first fully autonomous store within its innovative Auchan GO concept. Located in Warsaw, the new cashier-free store is open 24/7 and allows customers to shop in an exceptionally quick, comfortable and seamless way. At the same time, the new format features a wide product offering, that includes a range of fresh products, standard for the Auchan brand. The advanced AI-powered solution used in the store are provided by Trigo, the strategic partner of the project, whose technology enables frictionless shopping and automated operations.
Poland is the first market where the Auchan Go store is fully operational for shoppers, following successful tests of the frictionless concept in France.
“The Auchan GO concept is the latest of our solutions that we introduce to provide our customers with unparalleled comfort and a highly personalized shopping experience,” says Katarzyna Tokarewicz, Director of Transformation and Projects at Auchan Polska. “We are constantly observing how the needs of today’s consumers change dynamically, hence the large variety of shopping paths we offer and our focus on combining digital solutions with new concepts of brick-and-mortar stores. In the case of the Trigo platform introduced in Auchan GO, we particularly appreciate its exceptional accuracy and reliability, as well as the flexibility and scalability of the solution. This advanced system provides the technological capability to efficiently digitise and automate both small and larger store formats, with more shoppers and more product diversity. This approach fits in with our plans, as we treat the newly opened shop as a kind of laboratory. We assume that the Auchan GO concept will constantly evolve to meet the changing expectations of our customers. Ultimately, we plan to open approximately 40 outlets of this type over the next few years.”
The new Auchan GO – opened in Warsaw at Kasprzaka Street 29 – is the smallest of Auchan’s retail formats. Occupying an area of 75 sqm, up to 30 customers can do their quick and frictionless shopping, with no need to use cash registers.
The store’s rich assortment offers more than 1,000 products, including drinks and snacks, bread, dairy products, frozen food, BIO products, delicatessen, and industrial products. Of particular note is the range of fresh produce – meat, cold cuts and fruit. Auchan GO also offers freshly brewed coffee. More than 40% of the store’s range is Auchan’s private label products, including popular Pewni Dobrego branded products.
How Auchan GO works
Before entering Auchan GO, customers simply need to swipe their payment card and register their phone number. This can be done easily and securely thanks to a conveniently-located terminal at the store’s entrance.
The advanced EasyOut™ Trigo system installed in the store uses specialized vision cameras together with on-shelf sensors. With the highest accuracy, it collects data on every shopper-product interaction undertaken in the store, generating digital shopping baskets in real time to enable seamless checkout. Payment is made automatically just after the customer leaves the store, with a digital receipt then sent to his/her phone.
Importantly, EasyOut™ incorporates an innovative privacy-by-design architecture, which means that no biometric or facial recognition data are gathered or analysed by the system. This ensures shoppers are afforded full data protection in compliance with GDPR regulations.
“Trigo is delighted to introduce the first Poland Auchan store, supported by Trigo technology,” says Michael Gabay, co-founder and CEO of Trigo. “Auchan is a prominent and forward-thinking player in the global grocery retail sector. Our inaugural store in Poland represents a significant advancement in frictionless payment options, further elevating the shopping experience.
“By enabling contactless card payment, we have enhanced the convenience and intuitiveness of the shopping process for a diverse customer base. This cutting-edge solution empowers Auchan Retail to provide an unparalleled shopping experience, resulting in amplified sales and strengthened customer loyalty.”
Trigo’s AI-driven technology platform offers the flexibility to accommodate various grocery formats and a full range of supermarket assortments that further underscores the company’s recognition as a leading European supplier of advanced technology solutions that are shaping the future of retail.
About Auchan
Auchan Retail Polska is a large-scale retail chain with French roots, present in Poland since 1996, managing on the Polish market a network of hypermarkets under the Auchan brand, supermarkets under the Auchan Supermarket brand, convenience stores under the Easy Auchan brand, neighborhood stores under the Moje brand Auchan, autonomous stores under the Auchan GO brand, as well as an e-commerce channel. The chain also has franchise stores in the supermarket and hypermarket format.
About Trigo
Headquartered in Tel Aviv, Israel, Trigo is a computer vision company that is driving the transformation of traditional retail outlets into smart stores. Leveraging world-class AI experts, Trigo works with retailers to convert their existing stores to enable frictionless shopping experiences and data insights that drive revenue and optimize store operations, all while maintaining stores’ unique character and layout.
Trigo’s advanced retail automation platform identifies shoppers’ movements and product choices with exceptional accuracy, generating digital shopping baskets in real time to enable seamless checkout. Trigo’s GDPR-compliant solution is built with a privacy-by-design architecture so that no biometric or facial recognition data are gathered or analysed. Powered by its proprietary 3D engine, Trigo offers grocery retailers a range of additional solutions through its StoreOS™ suite, including predictive inventory management, pricing optimization, security and fraud prevention, planogram compliance, and event-driven marketing. This layer quickly enables actionable insight that boosts the chain’s efficiency.
Photo – https://mma.prnewswire.com/media/2144439/Trigo_1.jpg
Photo – https://mma.prnewswire.com/media/2144438/Trigo_2.jpg
View original content:https://www.prnewswire.co.uk/news-releases/auchan-go–a-new-dimension-of-retail-301867105.html
DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.
Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.
Key Insights:
ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.
BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.
ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.
Access the Full Report:
Read the full report in context here.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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 | Youtube
Photo – https://mma.prnewswire.com/media/2569395/Bybit_x_Block_Scholes_Derivatives_Report_ETH_Outperforms_BTC.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-derivatives-report-eth-outperforms-btc-302318387.html
GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
Photo – https://mma.prnewswire.com/media/2568807/BGaming.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bgaming-awarded-peru-supplier-licence-302317696.html
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
Learn more: www.kryptogo.com | X | LinkedIn
View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-leads-the-way-with-top-tier-wallet-security-standards-302318212.html
-
Blockchain Press Releases6 days agoPolygon Collaborates with WSPN to Drive Stablecoin Adoption Through WUSD
-
Blockchain6 days ago
Trident Reports First Half 2024 Unaudited Financial Results
-
Blockchain6 days agoCoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
-
Blockchain6 days agoBybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum
-
Blockchain Press Releases6 days agoAfrica Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar
-
Blockchain Press Releases3 days agoRequest Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.
-
Blockchain2 days agoThe GAM3 Awards 2024 Winners Announced
-
Blockchain3 days ago
Bybit and DMCC Crowned 5 Blockchain Projects in MENA’s Largest Web3 Hackathon
