Blockchain Press Releases
Empowering AI-driven Innovation: Hexaware Launches Transformational Generative AI Consulting & Practice Unit
ISELIN, N.J. and LONDON and MUMBAI, India, July 20, 2023 /PRNewswire/ — Hexaware Technologies, a leading global provider of IT services and solutions, announces the launch of its transformational Generative AI Consulting & Practice Unit in an ambitious step that reaffirms its pioneering approach to emerging technologies and adoption. Led by Arun Ramchandran, who is also the President & Global Head of the Hi-Tech & Professional Services Vertical & Hexaware Consulting, this unit is geared toward helping businesses navigate the rapidly transforming digital landscape marked by the surge of Generative AI technologies.
The GenAI Consulting & Practice Unit is designed to fill a critical market gap, addressing the dire need for robust, advanced GenAI solutions that address proliferating industry use cases across enterprise functions and technologies and offer real, quantifiable business advantages. Within its realm, Hexaware plans to roll out an array of platforms, tools, blueprints, workshops, and tailored strategies that are poised to expedite and enrich clients’ AI journeys.
“Enterprises today are facing significant challenges navigating the rapid advancements in technology, specifically in the realm of Generative AI,” explained Ramchandran. “At Hexaware, our vision is to deliver exponential value to our clients, employees, and other stakeholders by having GenAI in our core. As part of this new unit, we will offer end-to-end consulting to help clients demystify and discover GenAI opportunities, using DecodeAI, and also engage and execute GenAI projects through EncodeAI, both proprietary frameworks and methodologies. In addition, we are launching Tenjin, a comprehensive platform crafted to speed up GenAI adoption through a portfolio of solutions across all our service lines, while safeguarding data security and privacy. Through forging strong partnerships within the Generative AI ecosystem and applying a consulting mindset, we are capable of delivering solutions for even the most complex business problems.”
As businesses face challenges in making strategic decisions about their choice of architecture, tools, and platforms, DecodeAI, an innovative workshop designed to deconstruct GenAI opportunities & use cases, serves as a navigational compass in the diverse Generative AI landscape. Offering intensive consultation and pragmatic guidance, DecodeAI empowers enterprises to make informed decisions. Designed for efficiency, the program assures high-impact results with minimal investment, facilitating a seamless transition for clients into the Generative AI era. In line with this, Hexaware is also introducing Tenjin, a comprehensive platform designed to speed up GenAI adoption through a portfolio of solutions. Tenjin presently emphasizes enhancing Knowledge Services, accelerating coding & testing, and reinforcing data security and privacy, marking a new milestone in the organization’s mission to catalyze digital transformation. This pioneering platform is poised to expand its ambit, introducing a suite of more advanced, critical services across all our service lines in the near future.
“Hexaware is dedicated to creating a suite of platforms and tools that allow our customers to adapt, innovate, and thrive in this AI-first era. Every tool, every platform we create, responds to a unique business need. They’re all geared toward the same goal – empowering our clients to lead in their respective industries with AI’s untapped potential. With these initiatives, we are not just keeping pace with the transformative era of AI, but we are deeply embedding it into our core operations,” adds Ramchandran.
The Generative AI Practice & Consulting Unit is set to reinforce Hexaware’s role as a leader in digital transformation. In partnership with industry giants like Microsoft, Google, and NVIDIA, the organization’s initiative ensures it stays at the helm of the technological revolution. The collaboration will see the launch of a series of innovative solutions, further strengthening the company’s commitment to providing value-driven, high-quality solutions while assuring seamless AI adoption for its clients.
About Hexaware
Hexaware is a global technology and business process services company. Our 29,000 Hexawarians wake up every day with a singular purpose; to create smiles through great people and technology. With 54 offices in 19 countries, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.
Learn more about Hexaware at https://www.hexaware.com.
Logo: https://mma.prnewswire.com/media/530945/Hexaware.jpg
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Blockchain
Binance Announces Adjustment of Tick Size for Spot Trading Pairs
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
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Blockchain
OKX Announces Support for New USDC Spot Trading Pairs
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
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Blockchain
ShibaSwap rolls out major upgrade, moves to Shibarium
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
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