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‘Artificial Intelligence will never be able to beat the complexity of Nature’s Intelligence’

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  • AI, technology dominate discussion at UK-India Week’s concluding event
  • UK-India Week culminates with Founders and Funders Retreat in Windsor
  • India’s thriving tech and startup ecosystem in focus at day-long retreat
  • IGF Inspiring Journeys spotlights enterprising women entrepreneurs from Ladakh
  • IGF Inspiring Journeys showcases Olympic medallist Mary Kom’s journey

LONDON, July 2, 2023 /PRNewswire/ — India Global Forum’s UK-India Week 2023 culminated with the second Founders and Funders Retreat in Windsor on June 30.  The retreat witnessed speakers from the UK and India discuss the themes of emerging technologies, financing future technology, and inspiring journeys. 

Artificial intelligence was the key focus, as participants explored its collaborative potential, impact across sectors, and the convergence of sports, media, and social networks in the tech era.

Agam Khare, Founder, Absolute, cast the debate as between Artificial Intelligence and Nature’s Intelligence. “Everything we are talking about AI or computing power will never be able to beat the complexity that nature presents to us. The real intelligence is Nature’s Intelligence. AI is good, but AI is just a tool to Nature’s Intelligence. Nature’s Intelligence is four and half billion years old. To think that something that is less than a hundred years old can beat something that is four billion years is a bit of an extension.”

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Builder.ai Co-founder Sachin Duggal stated, “There are about 500 experts on AI, yet hundred thousand people claiming to be experts and trying to define policy. You have a massive information paradox where you are making decisions in a vacuum without really understanding the security implications. Regulation is about bringing the right people to the room.”

Dr Marsha Quallo-Wright, Deputy Director for Critical National Infrastructure, National Cyber Security Center, UK, spoke about security concerns, “Understanding technology from a security perspective is vital; resilience includes security but extends beyond it when it comes to AI.”

The retreat also witnessed the first-ever ‘IGF Pitchers and Punters’ – where British startups pitched ideas to Indian investors, and Tank the Shark’ – where founders pitched ideas to the audience.

Lord Karan Bilimoria, Founder and Chairman, Cobra Beer said, “One of my favourite sayings is, good judgment comes from experience, and experience, comes from bad judgment. There’s no shortcut to making the mistakes, and I made many, many mistakes.”

The evening concluded with Inspiring Journeys, featuring four women entrepreneurs from remote villages in Ladakh, and Olympic boxing medallist Mary Kom.

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Nima Goos Goos Co-founders Padma Angmo and Rigzin Angmo, and Ladakh Brew Co-founders Deachen Chusket and Jigmet Angmo recalled their entrepreneurial journey, wanting to showcase Ladakhi traditions globally. Rigzin Angmo said, “Ladakh has an abundance of high-nutrient crops & herbs but sadly not in the market. We started our business to share the goodness of Ladakh.”

Boxing legend Mary Kom said, “I have been fighting for 20 years. I am a mother to 4 children. Becoming a champion is not easy. But if our mind is focused on our work and profession, then nobody can stop us.”

Speaking about her boxing foundation for underprivileged children she reminisced, “I thought what will I do after retirement. I will not stay at home. I thought I will do something for my country. I just want to give back to my country. Initially I didn’t have any money from sponsors, corporates, govt reward money was very less. But I thought it was the right time and I started the foundation even though we did not have proper infrastructure. We started in the fields…. Now, I have a proper boxing ring, hostel, gym, and world champions from my academy.”

Reflecting on IGF, Founder and Chairman Manoj Ladwa said, “My entrepreneurial journey actually started as a lawyer. I started my first law firm when I was 27. When I pivoted and set up this platform, I was upset about how India was being portrayed to the world as a glass half-empty. So, I wanted to set up something where like-minded people could get together and say, there are issues, there are cracks. But overall, on balance, the glass is actually half full or bit more than half full. It was an emotional reaction that led to what where we are now.”

The retreat concluded UK-India Week – six days of curated panels, keynote speeches, and exclusive networking with 150+ speakers and 2,000+ participants across 12 marquee events in London and Windsor.

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For highlights, speakers, and programme details, click here

About India Global Forum

IGF is the agenda-setting forum for international business and global leaders. Find out more here

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Blockchain Press Releases

KuCoin Introduces Omnibus Account Structure to Enhance Liquidity for Brokerage Partners

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VICTORIA, Seychelles, July 19, 2024 /PRNewswire/ — July 23, 2024 – KuCoin, a leading cryptocurrency exchange, is pleased to announce a significant enhancement to its Broker Program, designed to cater to liquidity-seeking partners. This upgraded program enables participants to leverage KuCoin’s superior liquidity and diverse asset offerings across both Spot and Futures markets. With this enhancement, participants can now benefit from KuCoin’s top-tier liquidity, high-revenue shares, unlimited sub-accounts, and independent deposit addresses, allowing for functional flexibility and maintaining their own client management powers.

“Our new brokerage infrastructure is suitable for multiple types of institutional partners, such as crypto exchanges, execution terminals, layer 2 aggregators, OTCs, and traditional financial service providers venturing into crypto,” said Anton Starchenko, Director of Institution Business Development of KuCoin. 

“This upgrade demonstrates our commitment to providing our partners with the tools they need to succeed in the rapidly evolving crypto market.”

By joining the KuCoin brokerage service, brokers gain access to one main broker account with unlimited sub-accounts. Each sub-account features an exclusive deposit address, serving as a wallet to separate funds and trades. Additionally, each sub-account undergoes independent risk checks. These ongoing risk and compliance measures bolster KuCoin’s commitment to protecting partner interests. Broker accounts are subject to separate fee structures, while the broker receives a combined commission based on the cumulative volume across all accounts.

As a leading platform in the cryptocurrency industry, KuCoin is dedicated to providing top-notch security and reliability. The platform employs state-of-the-art security measures, including advanced encryption protocols, multi-factor authentication, and real-time monitoring systems to ensure the safety of users’ assets. KuCoin’s unwavering focus on security and innovation has solidified its reputation as a trusted and forward-thinking exchange in the global crypto market.

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For more information about the KuCoin Broker Program and the new omnibus account structure, please visit KuCoin’s official website.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/ .

Contact Us to Join

Telegram: @KuCoin_Broker

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Email: [email protected]

Book a Product Call here.

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Blockchain Press Releases

Bybit Launches Block Merchant Program, Offering Up to 3,000 USDT in Rewards

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DUBAI, UAE, July 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, announced the launch of its Block Merchant program, designed to empower users to maximize their earnings while buying or selling cryptocurrencies. Through this exciting initiative, Bybit aims to recognize and reward the valuable contributions of its P2P users.

By becoming a Bybit Block Merchant, users can unlock a range of exclusive benefits, including:

  • Lucrative USDT Merchant Rewards: Earn substantial rewards for buying or selling crypto.
  • Enhanced Visibility: Enjoy a prominent position on the platform with a special diamond label and higher priority than Bybit Verified Advertisers.
  • Increased Transaction Limits: Process larger transaction volumes with a single order limit raised to 200,000 USDT.
  • Priority Ad Ranking: Achieve top-tier visibility among advertisers under similar conditions.
  • Swift Appeal Resolution: Benefit from expedited customer service support for any issues.

Bybit is committed to providing its users with exceptional trading experiences and opportunities to thrive in the dynamic cryptocurrency market. The Block Merchant program reflects our commitment, offering users a chance to boost their income while contributing to the growth of the Bybit P2P ecosystem.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 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.

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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

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Blockchain Press Releases

Hata obtains full approval from the Securities Commission of Malaysia Launches 30% revenue sharing model on its USD crypto exchange

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  • Hata obtains full approval from the Securities Commission of Malaysia and launched its exchange
  • Support USD onramp and offramp
  • Rolled out affiliate programme, sharing 30% of its trading fee with users who refer others to trade on its Exchange
  • Zero trading fee across major pairs and opportunity to earn crypto airdrop

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — Hata has officially secured full approval from the Securities Commission of Malaysia to launch its exchange. Having obtained full approval from the Labuan Financial Services Authority (a mid-shore jurisdiction in Malaysia) in June 2023, Hata is now the first and only dual-licensed exchange by both onshore and mid-shore regulators in Malaysia.

Filling the gap in Asia with USD onramp and offramp 

Hata operates a US Dollar cryptocurrency exchange, allowing users globally to deposit, trade and withdraw funds in US Dollars. Hata users can also swap US Dollars with USDT for free.

With the foreign exchange market in Asia Pacific recorded at $396 trillion annually[1], Hata aims to serve the large US Dollar foreign exchange market by providing traders and institutions a licensed platform to convert US Dollars into stablecoins to facilitate cross border payments and access cryptocurrency in the region.

“Institutions and high net worth individuals still rely heavily on US Dollars to settle cross border transactions in Asia. With institutional adoption into cryptocurrency on the rise, coupled with weakening local currencies in the region against US Dollar, we foresee users moving their monies into USD pegged stablecoins to conduct transactions.” says David Low, Chief Executive Officer of Hata.

Hata currently supports trading of more than 40 cryptocurrency pairs on its platform that are paired with USDT and US Dollar, with the goal of supporting more crypto products in the near future.

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30% Revenue Share on its Exchange

Hata (www.hata.io) has introduced an affiliate program. Any users who sign up on Hata can refer their family and friends to earn a reward. Hata provides a revenue share of 30% from the trading fees it earns to the affiliates who refer their network to trade on Hata’s exchange.

“This affiliate programme is designed to let users globally capitalise on their network to earn rewards. We hope that this provides an economic opportunity for our users to earn a side income with minimal effort,” says Darien Ng, Chief Revenue Officer of Hata.

Zero trading fees and free airdrop

To further incentivise early users, Hata has also rolled out zero fees for its major crypto pairs, including USD/USDT pair.

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Users who sign up from now until 31 October 2024 and trade on the exchange will be added to a waitlist. Users in the waitlist will have an opportunity to earn free airdrops in the near future.

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