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QuikStor Unveils Revolutionary New Self-Storage Management Software Under New Ownership

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QuikStor, a pioneering force in the self-storage industry since 1987, proudly announces the release of its groundbreaking new self-storage management software at the Self Storage Association’s (SSA) 2024 Conference in Las Vegas.

EL SEGUNDO, Calif. and LAS VEGAS, Sept. 3, 2024 /PRNewswire-PRWeb/ — QuikStor, a pioneering force in the self-storage industry since 1987, proudly announces the release of its groundbreaking new self-storage management software at the Self Storage Association’s (SSA) 2024 Conference in Las Vegas. This launch marks a significant milestone in the company’s history, reflecting a renewed commitment to innovation under its new ownership.

We have delivered what we believe will be considered the gold standard in self-storage technology.

The journey to this revolutionary software began in 2021, when Brett Henry and John Koudsi, owners of Trojan Storage—a large, multi-site independent operator—became frustrated with the stagnant state of self-storage software. The influx of private equity and institutional capital into the industry led to significant consolidation among software providers, reducing competition and stifling innovation. As a result, many storage operators were left using outdated systems that lacked the necessary capabilities to maximize their operations.

“With many of the vendors in the market, it became evident that innovation had taken a back seat to further consolidation and profit-seeking,” noted Brett Henry, Co-Managing Partner at Trojan Storage. “This may have been a great decision for their businesses, but it was certainly not in the best interest of storage owners and operators.

Recognizing the need for a solution that would genuinely serve the industry rather than prioritize investor profits, Brett and John set out to create their own software. Their goal was clear: to build a system based on the best practices of industry experts, designed to empower storage operators to run their businesses more effectively.

Their vision gained momentum after a few weeks of discussions with the ownership of QuikStor. In a strategic move, Brett and John acquired a controlling interest in the company, ensuring that their innovative approach would be realized. They immediately initiated a multi-million-dollar investment to assemble a team of top-tier technology veterans and a consortium of self-storage owners and operators. Together, they meticulously defined the functionality required for a truly revolutionary software solution.

After more than three years of intensive software engineering and real-world testing, QuikStor is thrilled to introduce its new management software. Built by a collaboration of storage and technology experts, the software offers unparalleled scale, speed, and configurability. It empowers self-storage operators to manage their businesses on their terms, setting a new standard for the industry.

“We recognized very early that most of the software serving the self-storage industry was built upon dated technologies. Existing systems were slow, difficult to scale, and offered little in terms of configurability. To deliver a game-changing solution, we needed to start from the ground up. Leveraging the significant investment that John and Brett made in the organization, we staffed a large research and development team, held countless sessions with industry experts to ensure the system design would meet their needs, and have delivered what we believe will be considered the gold standard in self-storage technology,” said Andre Hadzi-Pavlovic, QuikStor’s Chief Technology Officer.

QuikStor’s new software is not just an upgrade; it’s a complete reimagining of what self-storage management can be. Designed to meet the demands of modern operators, it delivers the tools and flexibility needed to optimize operations and drive success in a competitive market.

John Koudsi, Trojan Storage’s Co-Managing Partner, added, “We are beyond excited to see our team’s years of hard work come to fruition. We truly feel that our new technology will be a game changer for the industry.”

Attendees of the SSA conference can visit booth #401 to see QuikStor’s game-changing technology in action.

About QuikStor:

Since 1987, QuikStor has been at the forefront of innovation in the self-storage industry, providing cutting-edge solutions that have set industry standards. Under new ownership, QuikStor continues to lead the way with revolutionary software that empowers storage operators to achieve their full potential.

Media Contact

Andre Hadzi-Pavlovic, QuikStor, 1 310-450-6007, apavlovic@quikstor.com, https://quikstor.com/

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SOURCE QuikStor

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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KuCoin’s Alicia Kao Shares Insights on How AI is Accelerating Mass Crypto Adoption at TOKEN2049 Singapore

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16 mins ago

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September 20, 2024

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VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.”

Industry stakeholders from all groups were in attendance for the panel, comprising investors, crypto enthusiasts, and more. The focus was on the crucial role of cryptocurrency exchanges in paving the way for crypto adoption and the eventual integration of digital assets into mainstream financial systems. Alicia and her fellow panelists explored both the challenges and opportunities that lay ahead for the crypto industry.

Alongside Alicia, the panel also featured leaders from leading crypto exchanges such as Ben Zhou, Co-Founder and CEO of Bybit; Gracy Chen, CEO of Bitget; Vivien Lin, Chief Product Officer of BingX; and Sonia Shaw, President of CoinW, and moderated by Michael Casey, Chairman of the Decentralized AI Society.

In addition to the panel discussion, KuCoin cemented its position as a leading centralised exchange (CEX) with a prominent presence on the show floor and activations that showcased the platform’s latest developments. The KuCoin Arcade also drew significant attention, offering an engaging and immersive experience with interactive crypto-themed games and activities.

“As we wrap up another edition of TOKEN2049 in Singapore, I’m once again filled with optimism for the future of the crypto industry. The energy, innovation, and collaboration displayed over the past two days have been immensely inspiring. At KuCoin, we will continue striving to be the driving force in this ever evolving space to build a more inclusive, decentralised, and prosperous financial future” added Alicia as TOKEN2049 concluded.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/kucoins-alicia-kao-shares-insights-on-how-ai-is-accelerating-mass-crypto-adoption-at-token2049-singapore-302253908.html

SOURCE KuCoin

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PayPal Ventures Reinforces Support of Chaos Labs with Additional Investment

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16 mins ago

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September 20, 2024

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — Today, PayPal Ventures, the global venture capital arm of PayPal, announced an additional investment in Chaos Labs, an industry leader in onchain risk management. This investment underscores PayPal Ventures’ confidence in Chaos Labs’ potential and their blockchain products.

Chaos Labs’ recent launch of Edge, a new decentralized oracle protocol, has garnered significant attention within the industry. Edge has already secured a remarkable $30B over the last 2 months and has been adopted by leading exchanges such as Jupiter, the top perpetuals exchange on Solana, and GMX, the leading exchange on Arbitrum.

Edge offers a comprehensive, low-latency oracle solution, combining accurate price data with actionable market intelligence. Its advanced architecture ensures the security and efficiency of DeFi applications while providing insights into market dynamics and security risks. Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point.

Omer Goldberg, CEO and Founder of Chaos Labs, said, “We’re excited to receive the strong confidence and additional support from the PayPal Ventures team. Edge by Chaos is the culmination of our entire company’s work and expertise. Edge Price, Risk, and Proofs deliver meaningful and unmatched contextualized risk and price data for assets including stablecoins and other real-world-assets, in addition to the crypto assets and venues that provide access to them.”

Last month, Chaos Labs announced a $55 million Series A funding round led by Haun Ventures, including prominent new investors such as F-Prime Capital, Slow Ventures, and Spartan Capital, and existing investors including PayPal Ventures. Chaos Labs has experienced significant growth, tripling its customer base and securing billions in trading volume, loans, and incentives.

PayPal Ventures’ investment aligns with PayPal’s ongoing commitment to the blockchain ecosystem. In May 2024, PayPal launched its stablecoin, PYUSD, on the Solana blockchain.

Amman Bhasin, Partner at PayPal Ventures, said, “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain. Chaos Labs has emerged as a leading risk authority in the sector and we are thrilled to witness their evolution as they launch innovative products like Edge to mitigate oracle vulnerabilities.”

Chaos Labs will receive the total investment in PYUSD on-chain. A simulation will be shown live on-stage on September 20th at the annual Solana Breakpoint conference in Singapore.

About Chaos Labs

Chaos Labs leads the blockchain risk management industry with innovative solutions for the evolving onchain financial landscape. Chaos Labs enables protocols to verify stability across all market conditions, merging offchain observability with onchain risk parameter adjustments. Backed by leading venture capital firms, Chaos Labs continues to set new standards for security and responsiveness in onchain finance. Founded in 2021, Chaos Labs is headquartered in New York City.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: www.paypal.vc 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-ventures-reinforces-support-of-chaos-labs-with-additional-investment-302253911.html

SOURCE Chaos Labs, Inc.

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