Blockchain Press Releases
Hikvision redefines smart manufacturing with boosted productivity and visibility
HANGZHOU, China, Aug. 7, 2023 /PRNewswire/ — Hikvision has introduced its AIoT-powered manufacturing solutions to help manufacturers maximize productivity and operating efficiency.
When it comes to industrial Internet-of-Things and Industry 4.0 issues, we usually think about the investment in automated equipment as well as the application of software systems such as MES (Manufacturing Execution Systems) and ERP (Enterprise Resource Planning). But enterprise leaders do well to note that smart manufacturing is more than that.
We see today’s manufacturers facing three major challenges:
1.) Personnel Management – While people, or labor, remains the essential element of the production process, their output relies on finer management;
2.) Visibility across the process – Automation equipment and software systems need more timely alerts and improved incident handling protocols, as well as forward-looking insights, to guarantee operational stability; and
3.) Lean Management for Boosted Productivity – In environments as complex as manufacturing plants, lean management regarding factors of production such as office park vehicle traffic, dock management, and information sharing, are also important in boosting productivity.
The Hikvision manufacturing solution leverages AIoT technology to shift offline data online where it can be monitored and utilized. AI and intuitive visualization technology also allows managers to monitor the site, production, and operational processes, and to respond in real time in the event of an issue – helping to drive efficiency and productivity.
Managing personnel more efficiently
Manufacturing parks have significant personnel management requirements, with large teams arriving on site and accessing specific areas for their work all day long – creating complex logistics, access management, security, and health and safety requirements.
Hikvision’s Quick Access Solution, enabled by Hikvision MinMoe face-recognition terminals, gives employees touch-free access to manufacturing sites, covering the main entrance, the floor, offices, exits, production areas, EPA areas (ESDPA – Electrostatic Discharge Protected Area), and more. The technology provides “non-stop” access to ensure that employees can enter the site quickly, even during peak times – such as morning and evening rush hours or in bad weather.
The solution safeguards plant safety with precise access management. For example, only authorized staff can access specific areas of the site. For visitors, the solution provides full-journey online management to enhance convenience and ensure no blind spots for security.
Another benefit of the Quick Access Solution is that it turns physical footprints into digital records for accurate time & attendance management. Based on a manufacturer’s choice of verification and identification methods – from face recognition to fingerprint readers, cards or PIN codes – employees can be identified and attendance reports and work records can be generated automatically. This ensures that the HR department can support employees effectively, optimize time & attendance management, and maximize accuracy for payroll, overtime, and compensation in general.
The Quick Access Solution can also be used to manage in-park facilities – such as facilitating zero-contact payment in cafeteria.
Maximizing visibility for production and operations
Organizations with large-scale production environments often experience information silos, making it difficult to detect and respond to incidents in real time or to make changes that actually increase efficiency. Hikvision’s AR Live Interaction Solution offers a solution to these challenges by providing full visibility of large-scale production processes.
The solution uses Augmented-Reality (AR) cameras and easy-to-use location capabilities to create a live map of a site, giving managers a bird’s-eye view. The system, which integrates seamlessly with other industry control systems, presents production information and site images on a four-screen display.
Some of the key features of the AR Live Interaction Solution include remote inspections, alarm handling, automated information collection and analyses, predictive maintenance for equipment, and performance evaluations. The system also detects defects in equipment and human errors to minimize downtime, mitigate safety risks, and provide insights for better decision making.
With the AR Live Solution, manufacturers can also place visualized displays in the workshop, adding an extra layer of visibility for assets and production processes. Visual images can be used to send safety reminders to employees, to facilitate communications between teams, and to improve work supervision and collaboration for improved efficiency.
Optimizing facilities and traffic management
For all manufacturing parks, the ability to manage the flow of vehicles efficiently and safely is of paramount importance. This requires real-time visibility of driving and parking on site, as well as monitoring of loading and unloading, scheduling and dispatching, and security across all areas of the site.
Hikvision’s Park Traffic Management Solution standardizes on-site vehicle flow to help park managers embrace innovation and increase productivity. The solution is powered by AIoT technologies, including cameras with tailored algorithms, auto-triggered radar, management software, LED displays, and more. These technologies all come together to help operators create more manageable park environments, and to improve vehicle and resource allocations for optimal efficiency.
Speed measurement cameras and LED Screen with real-time speed and ANPR displays help to regulate driving practices at a worksite. This helps to reduce accidents caused by speeding, reverse driving, driving out of lane boundaries, illegal lane changing, and more. Meanwhile, illegal parking cameras detect vehicles that have stopped in prohibited areas that could cause accidents or injuries.
All video images and alarms are received and displayed at a command center managed via HikCentral Professional software. Here, displays show real-time information such as vehicle license plate numbers and speed, enabling operators take prompt action in case of an emergency.
By creating a safer, more orderly park environment, site operators can help incoming drivers locate the right loading docks and warehouses more quickly and easily. Managers also find it easier to stay up-to-date with vehicle statuses, to control traffic, allocate resources, and respond to emergencies. In the end, this all leads up to racially improved productivity and more efficient operations.
Find out how, with Hikvision
Hikvision’s cutting-edge technologies are helping manufacturers to boost their management capabilities around the world, every day, leading to greater efficiency, improved productivity, and site security and safety. To discover more about Hikvision’s intelligent manufacturing solutions, and how they help to provide assistance for work and well-being, please visit the solution page.
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View original content:https://www.prnewswire.co.uk/news-releases/hikvision-redefines-smart-manufacturing-with-boosted-productivity-and-visibility-301894349.html
Blockchain Press Releases
Nodepay Raises $7M Total Funding To Power AI Growth with Real-Time Data Infrastructure
SINGAPORE, Dec. 27, 2024 /PRNewswire/ — Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, today announced it has raised a second round of funding, bringing its total to $7 million.
The latest funding round welcomed new strategic investors IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They join an impressive roster of previous backers that includes Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and more.
Nodepay’s network taps into a global community of users running privacy-protected nodes. By sharing their spare internet bandwidth, these participants earn rewards for creating a real-time data source that improves AI inference with accurate, timely information—an approach known as Retrieval Augmented Generation (RAG).
Darren Nguyen, co-founder of Nodepay commented: “Our mission is to develop solutions that create tangible value for both AI developers and its end users. We give contributors a share in the AI ecosystem they help fundamentally build.”
Nodepay’s infrastructure platform integrates real-time data retrieval, a Web3-focused decentralized answer engine, reinforcement learning for more accurate model output, and gamified human verification. Together, these components combine to create a fair, collaborative, and innovative AI ecosystem.
Eric Le, investment director of IDG Capital, said, “The team at Nodepay is democratizing the AI economy by providing a platform that allows users to share directly in the value they create. We’re proud to support their vision of making AI more accessible and beneficial to all.”
With this funding, Nodepay will continue to commercialize its infrastructure to benefit both its community and partner AI labs. As it prepares to launch on Solana, Nodepay stands ready to lead the next era of decentralized AI development and training.
Already serving over 1.5 million active users worldwide, Nodepay continues to expand its reach, solidifying its role as a leader in the integration of AI and blockchain technology. Users can expect further updates and new announcements through their social channels and official website.
About Nodepay
Nodepay is a decentralized AI platform dedicated to democratizing AI training through real-time data retrieval. By turning idle internet bandwidth into a valuable resource, Nodepay fuels the next generation of AI models and stands at the forefront of AI decentralization.
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View original content:https://www.prnewswire.co.uk/news-releases/nodepay-raises-7m-total-funding-to-power-ai-growth-with-real-time-data-infrastructure-302339478.html
Blockchain Press Releases
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
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 media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
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View original content:https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html
NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet.
The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruyi staff, gourd bottles, and treasure pearls, designed to recreate the mythical atmosphere of the original story. The addition of the Sticky Symbols feature enhances gameplay by keeping special symbols locked in place during free spins, significantly increasing the chances of winning and unlocking larger rewards.
Dark Visual Design and Storytelling Behind Wukong
The visual design of Wukong draws from traditional Chinese art styles, blending elements from Journey to the West. The reels are filled with recognizable symbols like the Ruyi staff, gourd bottles, and treasure pearls. These symbols immerse players in the mythical world of the story, faithfully recreating key moments from the novel, such as Sun Wukong’s havoc in Heaven and his encounters with the White Bone Demon.
The game’s background is rooted in Journey to the West, where Sun Wukong embarks on a journey with the monk Tang Seng and his companions to obtain sacred scriptures. Each detail of the game is carefully crafted to bring this legendary tale to life, offering a unique gaming experience and a tribute to Chinese culture and mythology.
Key Features of the Wukong Slot Game:
Free Spins and Bonus Opportunities: Triggering free spins unlocks additional reward mechanisms, increasing the chances of landing big wins.
Sticky Symbols Feature: Special symbols remain in place during free spins, greatly enhancing winning potential.
Up to 10,000x Max Win: The game offers a maximum payout of up to 10,000 times the bet, providing significant winning opportunities.
“Wukong is not just about spinning reels; it’s about experiencing a rich part of Chinese culture. We’ve worked hard to ensure the game is stunning and fun and engaging for players, with layers of features that add excitement. We’re proud to offer a game that blends storytelling with gameplay, and we think players will love the journey through Wukong’s legendary world,” Jack Dorset, CEO of BC.GAME said.
About BC.GAME
BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. citing, fair, and innovative ways to engage with the world of gaming.
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View original content:https://www.prnewswire.co.uk/news-releases/bcgame-launches-monkey-king-themed-slot-game-wukong-302339192.html
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