Blockchain Press Releases
HUAWEI CLOUD Releases Pangu 3.0
Shaping the Future beyond Chatbots: Huawei focuses on AI’s Impact on Industry Transformation
DONGGUAN, China, July 10, 2023 /PRNewswire/ — Huawei is bringing forth new industry opportunities and technological advancements driven by the AI wave. During his keynote speech at Huawei’s Developer Conference, Zhang Ping‘an, Huawei Executive Director and CEO of HUAWEI CLOUD, unveiled the Pangu Model 3.0 and Ascend AI cloud services. These innovations aim to empower industry customers and partners and unlock the potential of artificial intelligence for transformative growth across a range of sectors.
Pangu Models 3.0 is a system of pre-trained models that can be quickly adapted to meet scenario-specific needs and address complex challenges across multiple industries. By leveraging large-scale data sets and machine learning algorithms, Pangu 3.0 is set to revolutionize the industrial application of AI in diverse areas such as weather forecasting, drug development, fault identification in trains, and the mining industry.
Mr. Zhang said: “Huawei Cloud Pangu models will empower everyone from every industry with an intelligent assistant, making them more productive and efficient. We will uphold our mission of “AI for Industries”, and use Pangu models to reshape all industries with AI.”
Prestigious science journal Nature recently published a paper describing the enormous potential that artificial intelligence holds for weather prediction. The paper described how Huawei’s Pangu Weather AI Model team developed a precise and accurate global AI weather forecast system based on deep learning using 43 years of data.
Pangu Weather is the first AI prediction model to demonstrate higher precision than traditional numerical weather forecast methods. The model allows a 10,000x improvement in prediction speed, reducing global weather prediction time to just seconds. The model focuses on key elements and common time ranges, allowing for more precise weather forecasts. Notably, it has accurately predicted the trajectories and landing times of typhoons, including the recent Typhoon Mawar in May this year, demonstrating its exceptional capabilities.
On July 18, Huawei and Shandong Energy Group will jointly launch the first commercial case of Pangu Mining Model in Jinan, Shandong province. It is a ground-breaking solution that will enhance safety, efficiency, and productivity. Traditional mining operations are inherently risky, requiring extensive manpower and posing significant technical and safety challenges. However, with the implementation of digital technologies, augmented by the Pangu Mining Model, the industry is witnessing a transformative shift. By importing massive amounts of data for model pre-training, the Pangu Mining Model enables unsupervised self-learning, covering over 300 core scenarios in coal mining operations. From digging and drivage to machinery, transport, and communication, the model streamlines AI applications in numerous coal mining scenarios.
Transportation system failures in coal mines are a significant issue, resulting in decreased coal output and financial losses. Addressing this challenge, Huawei’s Pangu Mining Model incorporates an AI-based intelligent monitoring system that accurately identifies exceptions in the transportation system, such as large coal blocks and anchors, with an exceptional accuracy rate of up to 98%.
The railway industry also benefits immensely from Huawei’s AI advancements. Through the implementation of the Pangu Railway Model, the safety and efficiency of freight trains are significantly improved. Previous fault identification processes within Train Freight Detection Systems (TFDS) have been labour-intensive, inefficient, and costly. On railways, the Pangu Railway Model can accurately identify 67 types of freight cars and over 430 types of faults found on railways and freight cars. It can quickly scan millions of images captured by the railway TFDS system and filter out 95% of the images that are fault-free. This way, train inspectors can focus on the remaining images, and this helps them improve both efficiency and accuracy.
These case studies exemplify the transformative power of AI in industrial applications. By harnessing the capabilities of Huawei’s Pangu 3.0 and Ascend AI cloud services, businesses can unlock new levels of safety, efficiency, and productivity, driving substantial growth and competitive advantage in their respective industries. Huawei’s commitment to innovation and the development of advanced AI solutions underscores its commitment to providing cutting edge solutions for customers.
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Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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