Blockchain Press Releases
VisualCortex streamlines workflow for computer vision models with Weights & Biases

Video analytics platform developer, VisualCortex, collaborates with technology partner, Weights & Biases, to automate and reproduce its ML model training practices
SYDNEY and SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ — VisualCortex – the Video Intelligence Platform connecting computer vision’s potential to real-world business outcomes – has adopted Weights & Biases‘ developer-first MLOps platform to systemize its end-to-end training process for Machine Learning (ML) models.
As foundational beta users of Weights & Biases recently-released ‘Launch’ module for automating ML workflows, VisualCortex’s ML team collaborated with Weights & Biases’ product team to help produce a scalable process for seamlessly managing and deploying training runs.
“Working closely with the Weights & Biases team, we’ve been able to provide feedback that’s been received with genuine thanks and then actually incorporated into their product – which is both rare and pleasing,” said VisualCortex Head of Machine Learning and Artificial Intelligence, Mike Seddon. “At VisualCortex, quickly delivering highly-accurate ML models, which can be reliably deployed into commercial environments, is a key differentiator for us and our clients in a competitive marketplace. To do that, we need to automate our training processes, easily determine which approaches are yielding the best results, and maximize the utilization of our ML training infrastructure at all times.”
“Weights & Biases is empowering us to efficiently execute and scale our training workloads, which enables us to get the most out of the hardware we use too,” said VisualCortex Co-Founder and CEO, Patrick Elliott. “We’ve integrated Weights & Biases into our core model training workflow as a source of truth and auditability. We can evaluate and compare many different model runs, perform sweeps to find data augmentations, and easily orchestrate disparate sets of compute nodes.
“We now have a robust ML model training process, which allows us to produce – and continually improve – highly accurate computer-vision-based insights for our clients. With Weights & Biases’ help, VisualCortex has the repeatable framework needed to bring video analytics into the mainstream.”
Weights & Biases VP of Product, Phil Gurbacki, said that gathering transparent product feedback from organizations training production-ready ML models was critical.
“Gathering input from professionals in the field – who are attempting to push the boundaries of ML model training, testing and deployment – is an important feedback loop for us,” said Gurbacki. “The team at Weights & Biases is proud to be helping VisualCortex develop and deliver market-leading models for people and vehicle-centric uses cases, including real-time object detection and action recognition, across a range of industries – from retail and commercial real estate, to car park management, smart cities and transport.”
Discover VisualCortex’s People Counting and Pedestrian Analysis Solution here:
https://visualcortex.com/people-counting-and-pedestrian-analysis-solution/
Discover VisualCortex’s Vehicle Counting and Traffic Management Solution here:
https://visualcortex.com/vehicle-counting-and-traffic-management-solution/
Read the full VisualCortex – Weights & Biases case study here:
https://wandb.ai/wandb_fc/visualcortex/reports/VisualCortex-Takes-Video-Analytics-to-the-Enterprise-with-W-B–Vmlldzo0OTAyODg1
About VisualCortex
VisualCortex is making video data actionable in the enterprise. Its Video Intelligence Platform provides the stability and flexibility to productionize computer vision technology at scale. Able to be used for any video analytics use case in any industry, VisualCortex’s production-ready cloud-based environment transforms video assets into analyzable streams of data.
The VisualCortex platform delivers the artificial intelligence smarts, governance and usability, enabling organizations to connect any number of video streams, repositories and use existing commodity hardware. An intuitive user interface, out-of-the-box reporting, range of configurations and integrations empower non-technical people to produce, analyze and act on insights derived from computer vision throughout the enterprise. Organizations can easily combine these AI-generated video insights with other data sources and systems to facilitate both real-time operations and strategic analysis. The VisualCortex Model Store also provides a secure marketplace for customers, partners and independent machine learning experts to share quality controlled computer vision models.
For more information, visit www.visualcortex.com
About Weights & Biases
Weights & Biases is the leading developer-first MLOps platform that provides enterprise-grade, end-to-end MLOps workflow to accelerate ML activities. Used by over 500k ML practitioners – including teams at OpenAI, Lyft, Blue River Technology, and Toyota – Weights & Biases is part of the new standard of best practices for machine learning.
For further media information, interviews and images, or product demonstrations, please contact:
Lachlan James, VisualCortex Chief Marketing Officer, on +61 (0)431 835 658 or [email protected]
For regular updates, follow VisualCortex on Twitter (@VisualCortexApp), LinkedIn (VisualCortex), YouTube (VisualCortex) and Facebook (@VisualCortexApp).
For regular industry news and analysis, subscribe to VisualCortex’s mailing list here: https://visualcortex.com/contact-us/
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Blockchain Press Releases
Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications
NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.
About Webb
Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.
The Challenge and Our Solution
Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.
Why Tangle Network?
Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:
- Proof Generation: Delegate computational tasks to our validators.
- Trusted Setups: Tangle Network manages complex ceremonies for you.
- Secure Signing: Utilize our threshold signing for cross-chain operations.
By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.
Noteworthy Features
- Unparalleled speed, security, and scalability via Substrate.
- Decentralized control through Distributed Key Generation (DKG).
- Advanced protocols for zero-knowledge applications.
- Cross-chain compatibility with IBC and XCM.
- Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
- Smooth, forkless upgrades.
What’s Next?
The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.
Testnet Quick Links
- Whitepaper: Read here.
- Get Started: PolkadotApps for Tangle Network
- Documentation: docs.webb.tools
Get Involved
- Developers: Start building on Tangle today. Learn More
- Validators and Relayers: Help secure and maintain the network. Learn More
- Join the Community: Follow us on Twitter or join our Discord.
Contact Us
For media inquiries, partnerships, or more information, email us at [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/webb-unveils-tangle-network-testnet-pioneering-the-future-of-private-decentralized-applications-301940846.html
Blockchain Press Releases
ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets
SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”
The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).
Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.
Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.
Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges. ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.
For detailed insights into ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr&type=article
About ChainUp
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.
CONTACT: Jacelynn Pang, [email protected]
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Blockchain Press Releases
BingX Collaborates with WunderTrading to Elevate Crypto Automated Trading
SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.
WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.
The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.
Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”
As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.
About BingX
BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit https://bingx.com to learn about BingX.
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