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Adamant Holding Announces New Strategy for Europronet Utilizing Its Datacenters for the Artificial Intelligence Sector

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Vancouver, British Columbia–(Newsfile Corp. – February 27, 2023) – Adamant Holding Inc. (CSE: ADMT) (FSE: U060) (OTC Pink: UCCPF) (“ADMT” or the “Company”) has announced it will be entering the Artificial Intelligence space (AI) utilizing its European datacenters. Europronet d.o.o. will be focusing on leveraging its datacenters and look at creating partnerships with major AI companies to assist them on their computing power.

Europronet’s Datacenters can help increase the productivity and reliability of an AI system. Some ways our datacenters can improve the performance of an AI system include:

  • Providing sufficient computing resources: each datacenter can provide access to large amounts of computing power, such as high-performance GPUs, which are essential for training large AI models.
  • Ensuring high availability: Datacenters are designed to be highly available and reliable, which is crucial for AI systems that need to be always available and responsive.
  • Providing appropriate storage: Datacenters can provide large-scale storage solutions, such as network-attached storage (NAS) or storage area networks (SAN), that are necessary to store large amounts of data used by AI systems.
  • Facilitating data management: Datacenters can provide tools and systems for managing and processing large amounts of data, such as data warehousing and data processing platforms, which can help improve the accuracy and efficiency of AI systems.
  • Supporting collaboration: Datacenters can provide collaboration and sharing tools, such as shared file systems and virtual workspaces, that can facilitate collaboration and sharing of data and models among AI teams.

Europronet’s datacenter will be connecting to an existing AI node by:

  • Plan the network: Determine the network requirements for the AI node and the datacenter, including the bandwidth and latency requirements, and plan the network topology accordingly.
  • Integrate with existing systems: Integrate the AI node and the datacenter with existing systems, such as data warehousing or collaboration tools, to maximize their potential.

Europronet further will look for good partners to run AI.

There are several multi-billion-dollar companies that can would utilize our datacenters for their artificial intelligence systems, including:

  • AI hardware vendors: AI hardware vendors, such as NVIDIA and AMD, can provide specialized hardware for running AI workloads in a datacenter. They offer a range of GPUs, Tensor processing units (TPUs), and other hardware specifically designed for AI applications.
  • AI software vendors: AI software vendors, such as TensorFlow and PyTorch, can provide AI software and frameworks for developing and running AI models in a datacenter.

Following the implementation of an AI node Europronet will adopt it in the Telecom Business.

An AI system running a telecom business can bring several benefits, including:

  • Improved customer experience: AI systems can be used to automate customer service tasks, such as handling customer inquiries, resolving technical issues, and providing personalized recommendations. This can lead to improved customer satisfaction and reduced wait times.
  • Increased operational efficiency: AI systems can be used to automate a variety of operational tasks, such as network monitoring, predictive maintenance, and fraud detection. This can help reduce costs, improve resource utilization, and increase the overall efficiency of the business.
  • Better decision making: AI systems can provide real-time insights and recommendations based on large amounts of data. This can help decision makers make more informed and accurate decisions about critical business issues, such as network planning, marketing strategies, and resource allocation.
  • Personalized marketing: AI systems can be used to personalize marketing campaigns and offers based on individual customer preferences and behaviors. This can lead to higher conversion rates, increased customer loyalty, and improved profitability.
  • Improved network performance: AI systems can be used to optimize network performance, such as predicting and preventing network outages, reducing network congestion, and improving network reliability.

These benefits can lead to increased competitiveness, improved profitability, and enhanced customer satisfaction for a telecom business.

“With the recent acquisition of Europronet, we plan to utilize the company’s infrastructure to bring major Artificial Intelligence companies into the Balkan markets. Our datacenters will be used to assist these AI companies in further expanding their presence to Balkan’s countries without the need of sourcing, developing, and building their datacenters. Our datacenters will seamless integrate as we would be the bridge connection, using our servers and databases,” commented Andrea Pagani, CEO of Adamant Holding Inc.

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Andrea Pagani, Adamant CEO
[email protected]
Telephone: +39 334 661 8604

About ADAMANT

ADAMANT Global Holding is multi-focused Telcom and technology company. Owner of Oktacom Inc, a licensed Global Telecom Carrier and Brilliance ltd, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

About Europronet d.o.o.

Europronet is a fully licensed Telecom, and a leading Internet service provider (ISP) founded in 2000 offering a variety of services including: Internet access for private and business users; Datacenter Solution with two main locations in the center of Sarajevo, a variety of Wireless Solution and Telecommunications services; web services with development and placement of web presentations; online marketing, business solutions based on information technologies; and technical support.

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Website: www.adamantglobal.com
Twitter: @adamantglobal
LinkedIn: Adamant-Global

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156218

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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blocks-&-headlines:-today-in-blockchain-(blackrock,-plume,-sealsq,-hedera,-deutsche-bank,-kucoin)

 

Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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