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INOX Opens its Third Multiplex in Chennai at OMR

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~ Multiplex to have India’s first BigPix – INOX’s homegrown giant screen format  

~ Massive 8-screen multiplex comes up at The Marina Mall 

India’s fastest growing multiplex chain, INOX Leisure Ltd, announced the launch of its third multiplex in the city of Chennai. The newest INOX multiplex in Chennai has come up at The Marina Mall on the Old Mahabalipuram Road, popularly known as the OMR. The massive multiplex boasts of 1820 seats spread across eight imposingly designed auditoriums. The occasion also marks the launch of INOX’s homegrown giant screen format – BigPix in India. Each of the eight screens in the multiplex is soaked in comfort and equipped with the best-in-class cinema technologies for sound and projection. The multiplex operated its first show on Sunday, 31stMarch. INOX’s latest addition in Chennai would augment its presence in Tamil Nadu to a total of 31 screens across five properties.

Easily the largest multiplex of the buzzing and popular stretch of OMR, the all new INOX is comfortably located at The Marina Mall. Thanks to a smooth and breezy approach, the movie buffs in the region can enjoy a healthy dose of entertainment. The latest INOX multiplex is set to redefine the cinema viewing experience with its striking features including INOX’s very own big screen format, the BigPix, introduced first time in the country, with a larger than life stadium-like auditorium.

The auditoria are equipped with Laser projection system offering 300% brighter and crystal clear image quality and an outstanding uniformity with higher contrast. In addition, the theaters also offer a surround sound experience from the Dolby ATMOS system, for the guests to enjoy a thunderous feel. The immersive ambience of each auditorium compliments the vibrant 3D view, which is powered by Volfoni Smart Crystal Diamond solution.

The multiplex will boast of a string of customer-friendly digital features like paper-less check-ins, touch-screen enabled ticketing and interactive food-ordering. Guests would also get to experience INOX’s vibrant hospitality and gourmet offerings. The lively restaurant, Café Unwind, is designed to serve its specially curated mouth-watering preparations, even to guests who are not watching a movie. INOX has also introduced Kiddles, a bright and exciting play area for kids, amply loaded with toys, books, relevant activities and content.

Commenting on the launch, Alok Tandon, Chief Executive Officer – INOX Leisure Ltd, said, “Our latest multiplex in Chennai is a complete package of entertainment, excitement, comfort and delectable gourmet experience. It has the best of technology, coupled with comfort, class and convenience, and a wide range of food choices, even for the non-movie guests. With this launch, we have reiterated our focus on ensuring a wholesome experience to our patrons and creating a stronger bonding with them. We are looking forward to welcoming the most passionate cinema-lovers to the latest entertainment destination in Chennai.”

Designed upon an eclectic theme, the multiplex greets its patrons with a bold and electrifying entrance, seamlessly combining with the style and vibrancy of multiple formats and offerings of INOX, wonderfully depicting a convergence of various design identities with distinct appeal. INOX is already operating two multiplexes in Chennai, at Citi Center, Dr RK Salai and at Chandra Metro Mall, Virugambakkam. With this launch, INOX will expand its presence to 139 multiplexes spanning 574 screens across 67 cities in the country.

 

SOURCE: INOX Leisure Ltd

Blockchain

Penta Security and R3 Announce Strategic Partnership for Digital Asset Management and MPC Technology

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Amit Ghosh, COO of R3 APAC (left) and Dr. Sim, CTO of Penta Security (right)

 

Penta Security and blockchain software firm R3 today announced that they have entered into a global strategic partnership for digital asset management and MPC (Multi-Party Computation) technology, combining Penta Security’s technologies and R3’s extensive enterprise blockchain platform, Corda.

With technology and services playing a critical role in digital asset payment and management aspects, the demand for a safer digital asset and private key management solution is dramatically increasing. The partnership brings together deep skills in MPC, blockchain key management solutions, technology development, and deployment in the finance sector via R3’s enterprise blockchain platform Corda.

As a result, Penta Security is devoted to expanding in the finance industry with its MPC technology which is based on the secret-sharing algorithm, and PALLET, an advanced key management solution for blockchain. Both parties will be heading to achieve goals through various new projects by forming a software enterprise firm, in addition to deploying Penta Security’s MPC technology on R3’s major projects.

Dr. Sim, Chief Technology Officer at Penta Security, said: “There’s no doubt that the private key to successful blockchain deployment is the most important asset. We believe Penta Security’s MPC and digital asset management technology can provide an ideal key protection solution for both blockchain and digital asset key protection. By diversifying our offerings through strategic partnerships, we’re excited to be devoting our expertise in the evolving blockchain scene.”

Cathy Minter, Chief Revenue Officer at R3, said: “The creation of a new market, powered by digital assets, is one of the most exciting promises of blockchain technology. Coupling our Corda platform with Penta Security’s MPC technology will be one step closer to addressing the industry demand for secure digital asset management. We are proud to be partnering with Penta Security to deliver an industry-leading solution and look forward to them achieving continued success in the future.”

 

SOURCE Penta Security Systems

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Blockchain

FiO Fixes Wine, Gaming and Fitness Industry Pain Points

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Innovative SaaS platform FiO is expected to release details on how its blockchain-onboarding service solves long-existing problems in wine provenance, online gaming and fitness tracking next week.

FiO merges the latest blockchain technology and GPG encryption with existing ledger software to create easy-to-use decentralized solutions for conventional businesses.

The company’s FiO software boasts a conventional form factor and simple templates to create a painless experience for non-technical users. Only 3 simple onboarding steps are required: user registration, service selection and finally, a connection to their API.

FiO’s “plug & play” technology aims to fix inherent issues that have long plagued traditional industries. For example, with counterfeit wines a multi-billion dollar problem, FiO enables a reliable and immutable traceability platform for wine products as they make their way from the vineyard to the consumer.

Through FiO’s simple blockchain tool, users can create a robust decentralized ledger and shareable digital certification pertaining to a wine’s appellation, winemaker, vintage year and shipping and storage. This enhanced ability to record the production, obtaining and selling of wine should foster greater trust between producers, distributors, resellers and collectors.

In recent years the fitness industry has seen a boom in wearable, biometric devices that track the end-user’s fitness regime and health vitals. FiO allows fitness gyms to integrate AI-enhanced features without compromising customer privacy. Gym users can consolidate their health and fitness training data from wearables, equipment and even medical service providers in one location, import token economy items and connect with social fitness influencers and networks.

The gaming industry, currently worth $150 billion per year, is predicted to double in value by 2022, with an increasing demand for B2B game development solutions that build and manage in-game item economies.

Until now, players could only trade and sell their virtual items directly or on third-party websites, with little protection against fraud, hacking and theft.

With FiO, game developers can now facilitate the easy and secure transfer of in-game items and rewards between players through their existing wallets. This increased functionality and fungibility of gaming rewards through blockchain will likely attract new players to the industry.

FiO made it clear that its platform is highly flexible and its benefits can be applied to nearly any conventional businesses. The company, currently in its final fundraising round, welcomes interested parties to get in touch.

 

SOURCE FiO

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Blockchain

Crypto Earn: Now Earn 8% p.a. on EOS Deposits

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Crypto Earn: Now Earn 8% p.a. on EOS deposits

 

Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has added EOS to Crypto Earn, allowing users to enjoy up to 8% p.a. on their deposits.

In addition to having EOS available in Crypto Earn, deposit and withdrawal of EOS is also enabled on the Crypto.com App.

EOS.IO is a free, open-source blockchain software protocol that provides developers and entrepreneurs with a platform on which to build, deploy and run high-performing blockchain applications. It is currently supporting over 260 projects.

Crypto Earn now supports 16 coins including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, MCO, BAT, LINK, CRO, MKR, DAI, PAXG with the addition of EOS. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 500 MCO.

Note: For the U.S. users, both deposit and withdrawal of EOS and Crypto Earn deposit in EOS are initially available in 38 states: AlaskaArizonaArkansasCaliforniaColoradoDelawareFloridaIllinoisIndianaIowaKansasKentuckyMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNorth DakotaOhio, Oklahoma,  PennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaWest VirginiaWisconsin, and Wyoming.

 

SOURCE Crypto.com

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