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Blockchain Press Releases

Meeranda, the Human-Like AI, Officially Launches its Global Operations

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TORONTO, Aug. 17, 2023 /PRNewswire/ — Meeranda, a privately held Artificial Intelligence (AI) solutions provider, serving both Small and Medium Businesses (SMBs) and Global Multinational Corporations (MNCs), announced today its emergence onto the global stage, with the promise to disrupt the worldwide customer experience through its cutting-edge AI technology and research advancements.

Meeranda aims to address a problem that has long frustrated global organizations and their clients; chatbots along with their half-baked AI solutions. A recent IPSOS1 survey revealed that 77% of customers find chatbots frustrating and 88% prefer speaking to a live agent. Another survey, conducted by Clutch2, revealed that 69% of customers encountered irrelevant phone options and 70% pressed “0” to speak with a live agent. Forrester Consulting3, on the other hand, revealed that 30% abandon a brand following a poor chatbot experience and 73% cancel their orders altogether.

Meeranda aims to also address the issue with startups having the tendency to hire too early and larger organizations hiring too many customer support, sales, and marketing staff. Moreover, Meeranda works to tackle the quality issues encountered with outsourcing as well.

“We are not talking about a small problem here,” said Mr. Raji Wahidy, Co-Founder and CEO of Meeranda. “The numbers are quite telling. We have over 69% levels of customer dissatisfaction. Chatbots are clearly frustrating many people out there due to the lack of concrete and relevant responses returned. Moreover, people despise waiting on-hold for a long time, to speak with a live agent. We have heard that directly from our partners, whom we have presented Meeranda to. They love the potential. They love the personalized experience through our Human-Like AI. Most importantly, they love the fact that we are addressing their pain points, saving them unnecessary costs, helping them market and sell their products and services, and to cap it off, increasing their customers’ satisfaction. There is a reason why Meeranda, although in its early stages, has secured existing agreements and strategic partnerships across six countries and seven industries, thus far.”

The Meeranda team is made up of entrepreneurs and senior level executives with a successful track record in innovation and business operations, boasting over 70 years of combined international experience. The team has deep expertise in Artificial Intelligence, Machine Learning, and Data Driven Modeling. The Meeranda team also has over 20 global awards and recognition from public, private, and government institutions; including the United Nations, the Canadian and the United States’ governments.

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“The recent strides in AI advancement have paved the way for enhanced customer experiences,” said Mr. Jayson Ng, Co-Founder and Chief Research Officer of Meeranda. “We are on a mission to foster inclusive customer engagement across diverse cultural landscapes. We envision the adaptability to businesses’ unique requirements, which will not only bolster their brand representation, but also cater to a wide array of needs and use cases. During Meeranda‘s development, significant breakthroughs have been achieved, including the creation of real-time Human-Like AI agents with remarkably natural speech patterns.”

Meeranda will commence its Seed Funding round by the end of August 2023.

Reference List

[1] https://www.ipsos.com/en-us/younger-employed-americans-are-more-concerned-about-ai-replacing-their-jobs

[2] https://clutch.co/bpo/resources/virtual-assistants/how-businesses-set-up-ivr-menu

[3] https://voicebot.ai/2023/02/08/30-of-customers-abandon-a-brand-after-a-bad-chatbot-experience-survey

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About Meeranda

Meeranda is a privately held Artificial Intelligence (AI) solutions provider, serving Small and Medium Businesses (SMBs) and Global Multinational Corporations (MNCs). Meeranda is best known for its Human-Like AI that intends to offer the new personalized customer experience to combat the ongoing frustration of dealing with chatbots and half-baked AI solutions. Although in its early stages, Meeranda already has agreements across six countries and seven industries, thus far.

Follow Meeranda

Website: https://meeranda.com
Media Kit: https://meeranda.com/media-kit/
X: https://x.com/HelloMeeranda
Facebook: https://www.facebook.com/HelloMeeranda/
LinkedIn: https://www.linkedin.com/company/HelloMeeranda
Instagram: https://instagram.com/HelloMeeranda
Threads: https://instagram.com/HelloMeeranda
YouTube: https://www.youtube.com/@meeranda
TikTok: https://www.tiktok.com/@meeranda_ai

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Meeranda Inc., Media Relations, [email protected] 

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Blockchain Press Releases

Bybit Announces Highly Anticipated Restock of BTC Wealth Management Fund Pool

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DUBAI, UAE, June 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to reveal its upcoming restock of the Bitcoin (BTC) Wealth Management Fund Pool, following the immense popularity and success of the initial rounds.

Sold Out in Record Time

During the soft launch on June 3, Bybit allocated a total of 100 BTC to the Wealth Management Fund Pool, which astonishingly sold out within a mere 7 hours.

Catering to High Net Worth Individuals (HNWIs), VIP customers, and asset managers, the first restock of 50 BTC went live on June 5, quickly oversubscribed within a remarkable 5 hours, highlighting the continued demand and enthusiasm from our valued users.

Restock for VIPs and Regular Users

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The second round of restock will be available to both VIP customers and regular users, offering the most compelling rates in the industry.

It is scheduled to take place on June 21, 10 AM UTC. Bybit is excited to offer users another opportunity to participate in this investment opportunity, and understands the importance of catering to a diverse range of investors and are committed to providing equal opportunities for all.

Bybit’s Wealth Management service empowers users to efficiently manage, plan, and invest their digital assets. It offers a range of professional investment strategies and diverse portfolios to help users achieve their investment goals effectively and confidently.

For more information about Bybit Wealth Management, visit this page.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by volume with 30 million users. Established in 2018. It offers 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.

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

Bybit’s Institutional Investors Triple ETH Exposure Ahead of ETF Launch

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DUBAI, UAE, June 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has released a new study showing institutional investors have increased their ETH holdings ahead of the launch of the spot ETH ETF in the US. Analysts predict this ETF will capture between $8 and $12 billion from US and global markets, driving Ethereum to new all-time highs by year-end.

According to recent data, Bybit’s institutional investors’ exposure to ETH has almost tripled since the ETF announcement on May 24, 2024—moving from 6.54% to a current weighting of 14.29%. This surge underscores the growing confidence in Ethereum’s future performance and the expected positive impact of the ETF launch.

Retail investors on Bybit have also increased their ETH allocations, although not as dramatically as institutional investors. The allocation to ETH has risen from 7.40% to 9.52%, reflecting a cautious but positive response to the ETF announcement.

“Ethereum is the crypto product favored by traditional capital such as BlackRock and Franklin Templeton, both of whom have tokenized funds on the platform,” said Hao Yang, head of financial products at Bybit. “Given this, the chain seems poised to become the institutional pick. With its native yield, the ETH token allows for composability, and we are seeing protocols building interesting derivatives based on ETH’s stable yield, leveraging this to create crypto primitives that mimic those built on top of the US Treasury market. Finally, because a portion of ETH is burned (sent to a wallet from which no withdrawals are possible), the asset can become deflationary, which means the more network effects kick in, the scarcer the asset becomes.”

#Bybit / #TheCryptoArk

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About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 30 million users established in 2018. It offers 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.

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

Taiwan’s Leading Crypto Market Leader BitoGroup Partners with Digital Bank to Launch World’s First Crypto-Friendly Bank Account

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TAIPEI, June 21, 2024 /PRNewswire/ — BitoGroup, the leading cryptocurrency market leader in Taiwan, today announced its partnership with Far Eastern International Bank Bankee to launch the world’s first dedicated crypto-friendly bank account. As cryptocurrency adoption by international institutions continues to grow, BitoGroup began serving financial institutions two years ago, setting a precedent as the first cryptocurrency exchange to form an alliance with financial institutions. This partnership promotes seamless integration between traditional banks and third-party payment processors. It represents a significant breakthrough for the financial market and has sparked considerable interest within Taiwan’s financial sectors. By collaborating with large institutions, BitoGroup aims to strengthen the cryptocurrency ecosystem and plays a crucial role in driving innovation in financial technology.

The world’s first dedicated bank account for cryptocurrency users is the result of three years of research and effort by BitoGroup and Bankee. This innovative service was achieved by integrating the systems and service processes of the two companies, while ensuring compliance with regulations and supervisory measures, and prioritizing user’s experience.

“Both BitoGroup and Bankee place great emphasis on the security of member assets, platform stability, and user transaction experience,” said Titan Cheng, Founder and CEO of BitoGroup., “Since the initial pilot phase, we have received positive feedback from the community. The Bankee dedicated account can be linked to BitoPro’s exchange account and set up in as little as one hour, significantly enhancing user’s convenience. During the pilot phase, the average daily transaction amount per user increased by 25%. With over one million members in Taiwan, we expect explosive growth once the service is officially launched.

Cheng emphasized that the cryptocurrency community is excited about the collaboration between exchanges and traditional financial institutions. This collaboration will positively improve user confidence in transactions and reverse the negative image of cryptocurrency scams. In the future, BitoGroup will join forces with Bankee to introduce more services, enriching the flexibility of utilizing both fiat and cryptocurrencies.

BitoPro has also partnered with Taiwan’s largest third-party payment processors, Neweb Technologies, to launch “BitoPay”, enabling 300,000 merchants and millions of members to use cryptocurrency for payments, making “BitoPay” the most widely accepted crypto payment solution in Taiwan.

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BitoGroup believes that partnering with large institutions to integrate cryptocurrency use into existing operational systems is not only the best way to promote cryptocurrency usage but also fosters innovation. Initiatives such as exchanging convenience store loyalty points for digital currency, enabling cryptocurrency payments through e-commerce third-party payment services, and the recent launch of crypto-friendly accounts with Bankee, all contribute to expanding the existing ecosystem. BitoGroup’s robust blockchain infrastructure, combined with a focus on optimizing service processes through technology, will create a win-win situation for institutions, exchanges, and users.

Taiwan’s cryptocurrency industry has officially entered a new era of regulation with the establishment of the Virtual Asset Service Provider (VASP) Association. BitoGroup’s founder and CEO, Titan Cheng, has been elected as the first Chairman of the VASP Association. This close cooperation between cryptocurrency and traditional financial institutions will help strengthen the trust of regulatory authorities and financial institutions in the cryptocurrency industry, laying a solid foundation for the crypto-financial system.

About BitoGroup

Founded in 2014, BitoGroup aims to use blockchain technology to achieve the goal of inclusive finance, including assisting companies and consumers to enter the new era of Web3. The businesses of the group include BitoPro (a cryptocurrency exchange), BELS (an NFT empowerment platform), and O2 META (a metaverse-focused social media platform).

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