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Minima, L1 blockchain, powers the world’s first on-chain race data logger for McLaren GT4 supercar at Spa

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Minima has partnered with data acquisition platform Influx to provide integrated data capture for the world’s most prestigious race teams

LONDON, June 12, 2024 /PRNewswire/ — Minima, a fully decentralised and device-agnostic L1 blockchain for DePIN projects is working with data platform Influx Technology to integrate a blockchain-powered data tracker into a McLaren GT4 supercar ahead of the world-famous Spa-Francorchamps in June. The data, acquired directly from the engine by the ‘DePIN Data Logger’, is secured by Minima’s blockchain which provides immutable data provenance. This unseen approach promises to elevate data capture and analysis to unprecedented levels for the world’s most prestigious racing teams.

Data points on over twenty parameters including vehicle ignition timing, braking, oil pressure, engine temperature, steering angle and rotation, as well as gear switching, are collected by the ‘DePIN Data Logger’ in real time. For instance, during a recent race test in the UK, engineers from the team discovered that one of the car’s wheels was turning 1/50th of a second slower than the others. Although this discrepancy might seem insignificant at first glance, it becomes vital throughout the course of a race when split seconds dictate the difference between winning and losing.

“This integration of blockchain technology into the data collection and transmission process is a revolution for motorsport. It goes beyond merely transferring data from a logger to a screen; it enables fans and officials to access relevant information in real time. Minima’s innovative capability to validate data as it is generated by the car ensures that teams receive reliable data precisely when needed, allowing for those critical split-second decisions from the pit wall,” said Oliver Plucknett, Race Lab team manager. “The ability to streamline all available data collected over a race enhances decision-making processes and overall performance.”

Minima’s innovative blockchain design secures the hash of the data, proving its history and integrity, while the actual data is stored on the device or in cloud storage, independent of validators’ permissions. Due to the low requirements to validate the data on the blockchain, any IoT device can operate a full node and collect its data. This allows data to be verified by other nodes on the network while being stored on the device itself.

“We believe that the full potential of blockchain has yet to be realised. To achieve mainstream adoption, it must provide real-world utility and seamless integration. We are collaborating with Influx to resolve a real challenge faced by the automotive industry. Running on the edge in the strictest automotive embedded environment, Minima ensures data is secured, maintaining audibility, trustworthiness, and compliance. This partnership sets a new standard in race data logging, combining cutting-edge blockchain technology with the prestige and precision of McLaren’s racing heritage in their GT4 supercar,” said Hugo Feiler, co-founder and CEO of Minima. 

As Mr Plucknett mentions, collecting data on an immutable ledger enables officials to ensure the cars comply with the competition rules. A major challenge in the industry is ensuring that cars observe the competition’s capping requirements. The regulatory body of SRO Motorsports Group competitions mandates that teams cap the performance of competing cars to maintain fairness. Since the factory settings of each vehicle vary, this regulation aims to level the playing field and ensure a fair race.

A common practice is to detune cars for testing laps and enhance their capabilities afterwards. However, this process is resource-intensive and typically only feasible for well-established teams. Integrating Minima’s node in the data acquisition devices of Influx will guarantee the integrity and transparency needed to verify competition compliance. It will revolutionise the industry and ensure the competitions are based solely on the drivers’ skills, not the engineers’ nimbleness.

“The unique aspect of using blockchain is ensuring that data can be collected and transmitted to the cloud without any risk of tampering or modification. Achieving this in a secure, anonymous, and immutable way has always been a challenge. We are partnering with Minima to ensure that every device is submitting the data we collect on the blockchain, and it’s permanently stored there,” said Lance Keen, CEO of Influx.

About Minima

Minima, the real-world blockchain, is a layer1 focused on everyday solutions through device-led infrastructure.

A unique Layer 1 blockchain, distinguished by its lightweight architecture that enables a full (constructing and validating) node to run on any mobile or IoT device, making it exceptionally adaptable for scaling Decentralised Physical Infrastructure Networks (DePIN). Minima’s technology is now supported by an expansive and engaged community of over 50,000+ node operators. Minima’s extensive network, one of the largest in the DePIN space, showcases its commitment to empowering users and developers to innovate and secure digital solutions in a decentralised world.

The blockchain is compact, quantum-resistant, and secured by every single user on the network. Learn more at minima.global.

Website | Twitter | LinkedIn | Discord 

About RACE LAB

RACE LAB is a McLaren customer racing team, created by Lucky Khera and Lee Frost in 2021. The founders wanted to partner with a leading brand in the industry, therefore naturally leaned towards one of the UK’s biggest and most precious brands in the automotive and motorsport industry – McLaren.

McLaren’s core team provides unparalleled assistance to the racing teams. Their commitment to ensuring that each team receives top-notch support is evident in their expert guidance and personalised service.

We have had massive success over the last two years—we have won races at the GT Cup, British GT, and McLaren Trophy, just to name a few. We will be forever grateful to our drivers Callum Davies and Sai Sanjay, as well as sponsors NAVOS and Fundment, for all the support, dedication, and perseverance!

About Influx Technology

Influx Technology is a leading innovator in the field of advanced automotive and industrial solutions. Specialising in cutting-edge diagnostic and data acquisition tools, Influx delivers high-performance products designed to meet the rigorous demands of modern engineering.

 With a strong commitment to quality and customer satisfaction, Influx empowers clients to achieve precision and efficiency in their operations, driving progress and success across various industries.

CONTACT

Ivan Zhelev
ivan.zhelev@athenalabs.com
+44 7717 825 660

Photo: https://mma.prnewswire.com/media/2436956/McLaren_team_Minima.jpg
Photo: https://mma.prnewswire.com/media/2436957/Feiler_Plucknett_Minima.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/minima-l1-blockchain-powers-the-worlds-first-on-chain-race-data-logger-for-mclaren-gt4-supercar-at-spa-302170974.html

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Gentoo Media – Mandatory notification of trade

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ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

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Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

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BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

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Agoda Highlights Five Urban Hikes for Adventurous Travelers

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SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

 

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SOURCE Agoda

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