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Cardano Developer Input | Output and Hedera Join the DeRec Alliance as Final Founding Members, Alongside Algorand Foundation, Hashgraph, Ripple, and XRPL Labs

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DLT Science Foundation, Hashpack, Oasis Protocol Foundation, and Palisade also join ecosystem-wide initiative to bolster security and trust in the web3 industry

LAS VEGAS, Sept. 5, 2024 /PRNewswire/ — Research and engineering company & Cardano developer Input | Output, and Hedera, the open source, leaderless proof-of-stake network, have joined Algorand Foundation, Hashgraph (formerly Swirlds Labs), Ripple, and XRPL Labs, as the final Founding Members of the Decentralized Recovery (DeRec) Alliance, with two-year seats on the Technical Oversight Committee (TOC). DLT Science Foundation, Hashpack, Oasis Protocol Foundation, and Palisade have also joined as Alliance members, to advance the DeRec Alliance’s mission of creating an interoperability recovery standard to facilitate the widespread adoption of crypto and other assets.

Charles Hoskinson, Cardano founder and Input | Output CEO, said: “We’re delighted to be joining the DeRec Alliance to help contribute to this important new cross-platform protocol. Input Output has always been committed to open-source principles, cross-industry collaboration and blockchain interoperability. As an industry seeking to drive wider adoption, we should all be committed to the relentless pursuit of security, accessibility, and improving the user experience. We’re excited to be joining with other industry leaders to collaborate on this initiative to develop and drive common standards for our space and new utility for web3 users.”

Web3 users currently navigate complex processes to safeguard their digital assets, accounts, keys, and passwords, requiring a high level of technical expertise. Launched in January 2024 by Hedera Co-Founder Dr. Leemon Baird, along with leaders from the Hedera and Algorand ecosystems, the DeRec Alliance introduces a new open-source, industry-standard protocol for simplifying and securing digital asset recovery. DeRec provides solutions for protecting various types of data, including keys for any blockchain or ledger, passwords, photos, notes, identity credentials, and cryptographic keys. By addressing the intricate technical challenges hindering Web3 adoption, the DeRec Alliance aims to unite leading organizations in creating user-friendly, accessible experiences for everyone.

“We are happy to welcome the new members to the DeRec Alliance. Their combined expertise and insight will be a great asset to the Alliance,” said Dr. Baird. “It’s exciting to see the industry collaborating across so many ecosystems, to provide the decentralized recovery that the world so desperately needs.”

“Web3 and crypto promised to decentralize and make accessible the systems that matter most. That power comes with a significant responsibility to safeguard your private keys. Web3 has fallen short in delivering a great UX for securing and recovering key material,” said John Woods, CTO of the Algorand Foundation. “We co-founded the DeRec Alliance as part of our mission to improve the UX for the entire ecosystem, from regular users to developers, delivering a better, more accessible, and more secure experience for all. Streamlined key recovery is vital, as is further decentralization of other important infrastructures.”

Founding Members take on a leadership role in oversight and governance. Input | Output and Hedera will hold two-year terms on the Technical Oversight Committee (TOC), offering critical input on the Alliance’s governance structure and core policies. Their leadership ensures that the Alliance maintains its strategic focus and effectively addresses the needs of its growing community.

Charles Adkins, President of Hedera, commented: “From the very beginning, Hedera has been at the forefront of digital asset security. The DeRec Alliance takes this one step further by introducing an open-source protocol that simplifies asset recovery, aligning closely with our mission to enable a new era of trust and transparency. We are proud to join this alliance and make asset protection more accessible and user-friendly.”

Alliance Members play a crucial role in shaping the DeRec Alliance’s direction by providing policy input and overseeing the development of DeRec-based solutions. They nominate candidates for and vote in Technical Oversight Committee (TOC) elections. Members also engage in quarterly meetings and contribute to policy discussions for TOC voting. Additionally, they represent a diverse range of organizations that adopt DeRec Alliance standards and best practices, facilitating decentralized recovery and ensuring its accessibility to a broad user base. Alliance members joining the DeRec Alliance include:

Dr. Paolo Tasca, Founder and Chairman, DLT Science Foundation, said: “Managing digital asset secrets can be cumbersome and risky for users. DeRec revolutionizes this by utilizing a secret-sharing protocol with trusted helpers, ensuring secure and reliable recovery. We at DLT Science Foundation are proud to have co-developed this protocol, which eliminates single points of failure, providing both security and peace of mind.”

May Chan, CEO at HashPack, said: “As the leading non-custodial wallet on Hedera, HashPack is honored to be part of this innovation in key management technology. DeRec has the potential to solve many of the issues users face around managing and recovering their accounts, and we’re excited to one day be able to bring these features to our users.”

Jernej Kos, Director of Oasis Protocol Foundation, said: “Since its inception, the Oasis Protocol Foundation has aimed to enhance the sophistication and user experience of web 3 DApps. For the industry to achieve true adoption, DApps must match web 2 counterparts in flexibility, confidentiality, performance, and user experience. A major challenge has been private key management and recovery, which remains relatively unexplored. Our unified mission is to remove this long-standing friction point and make web 3 more accessible to everyone.”

Tom Kiddle, Co-founder at Palisade, said: “Joining the DeRec Alliance as the first regulated custodian is a critical step for us at Palisade, signaling to the industry that we are passionate about safeguarding assets and private keys—not just for our clients, but across the entire ecosystem. We firmly believe that the future of Web3 hinges on providing users with reliable and secure mechanisms for key recovery. By contributing our expertise in private key management and wallet infrastructure alongside other members of the DeRec alliance, we are helping to prepare Web3 for mass adoption.”

The Protocol
The Decentralized Recovery (DeRec) open-source protocol is a standard approach to secret management, based on secret sharing among a set of helpers (e.g. friends or businesses), who can assist the user in recovering their secret when needed. Each helper’s share reveals no information about the original secret, and half the helpers can give the user their shares to reconstruct the secret, even when a user has lost their phone or other two-factor recovery device. The protocol includes automatic regular confirmations that helpers still have shares of secrets, and automatic re-sharing when secrets change or helpers join or leave. The user never reveals who the helpers are, nor even how many helpers there are, and even the helpers won’t know that.

Organizations interested in joining the DeRec Alliance, or in adopting technology that leverages the DeRec Alliance protocol can visit https://derecalliance.org/.

About The DeRec Alliance
The DeRec Alliance is a group of forward-thinking companies from across the Web2 and Web3 ecosystems that are committed to making the process of securing and recovering digital assets, accounts, and other secrets as simple as existing Web2 experiences. Leveraging a new open source standard, these organizations are working together to help their users and the broader world realize the promise of Web3, without the complexity. For more information, visit https://derecalliance.org/.

Media Contact:
hedera@wachsman.com

View original content:https://www.prnewswire.com/news-releases/cardano-developer-input–output-and-hedera-join-the-derec-alliance-as-final-founding-members-alongside-algorand-foundation-hashgraph-ripple-and-xrpl-labs-302239640.html

SOURCE DeRec Alliance

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Thinkpal learning tablet from Think Academy wins TechRadar Pro Picks and Trusted Reviews Best in Show awards at CES 2025

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January 11, 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — Think Academy debuted its Thinkpal tablet at CES 2025 and has won a TechRadar Pro Picks and Trusted Reviews Best in Show awards for this innovative new product.

Both awards are given to innovative products and solutions at CES that stand out from a packed crowd. Think Academy President, Alex Peng, was presented the awards at CES, noting the awards were given to Thinkpal because it is both a wholly unique product in the education technology market and also provides such value to parents and educators.

Designed to transform the way kids learn, explore, and thrive in an ever-evolving world, the Thinkpal is powered by cutting-edge AI that serves as a guide and tutor for young learners. With significant learning loss experienced in recent years, families and educators have faced unprecedented challenges as test scores in reading and math have seen steady declines. Parents have expressed their struggles in reigniting their children’s passion for learning, while educators grapple with the complexities of bridging diverse learning gaps.

To meet these challenges, the Thinkpal tablet offers a tailored, AI-powered solution that provides step-by-step writing guidance and real-time math support, making learning more intuitive and enjoyable.

Alex Peng introduced several key features of the Thinkpal during a press event. He showed the audience how Thinkpal’s “GeniusTutor,” an AI-powered system that transforms learning into an interactive and engaging experience, is the heart of this product’s features. Built on the Microsoft Azure OpenAI GPT-4o model, GeniusTutor provides real-time guidance and feedback, empowering students to:

Conquer complex math problems through logic-driven, step-by-step explanationsMaster writing with interactive prompts and instant feedback that build confidence and creativityEnhance vocabulary and reading skills with innovative tools like “Point-and-Discover,” where children can point to words in a physical book, and the tablet’s camera instantly provides explanations, along with guided reading exercises

Adding a touch of fun and companionship, “Thinkie,” an advanced AI-powered learning companion, engages children through voice-based natural language interactions. Thinkie chats, answers questions, and fosters curiosity, making the learning process enjoyable and dynamic.

With an extensive library of ebooks, gamified coursework, and compatibility with popular applications like Google Classroom, the Thinkpal Tablet is a versatile tool for modern families. The 11-inch TÜV Rheinland-certified eye-care screen also safeguards children’s vision during extended use, while the optional keyboard transforms the tablet into a Chromebook-like device, enhancing productivity and usability.

“Our mission is to provide every child with a personalized, world-class tutor that inspires confidence and a lifelong love for learning”, noted Alex Peng during a media interview Q&A. “We’re honored that TechRadar and Trusted Reviews recognize the potential of the Thinkpal to improve learning through advanced and accessible technology.”

The Thinkpal Tablet will be available for $249 ($339 including keyboard) at shop.thethinkacademy.com. Pre-orders open today.

About Think Academy

Think Academy, a subsidiary of TAL Education Group (NYSE: TAL), has been at the forefront of education innovation for over two decades. Serving more than 5 million K-12 students across 10+ countries, Think Academy is dedicated to creating fair and comprehensive educational opportunities. By integrating advanced technology with expert curriculum design, Think Academy is shaping the future of learning to be more accessible, engaging, and impactful.

For media inquiries, contact:
Cecilia Qian
cecilia@impact5r.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinkpal-learning-tablet-from-think-academy-wins-techradar-pro-picks-and-trusted-reviews-best-in-show-awards-at-ces-2025-302348472.html

SOURCE Think Academy

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MLVision M5 Unveiled at CES 2025: Pioneering Innovation in Wearable Technology with the World’s Lightest AI-Powered AR Glasses

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January 11, 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — At CES 2025, MLVision has officially launched its groundbreaking MLVision M5, setting a new global standard for wearable technology. Weighing a mere 25.8 grams, the MLVision M5 is the world’s lightest AI-powered AR glasses. The device combines cutting-edge artificial intelligence, precision engineering, and a commitment to privacy and accessibility.

“MLVision M5 is more than just a wearable device; it represents a significant breakthrough in both weight and product design,” said CEO Zhaoen Dai. “Our goal is to create smart AR glasses that feel effortless to wear, leveraging cutting-edge AR display technology and advanced AI models to genuinely help users work and live more efficiently and conveniently.”

Crafted with aviation-grade titanium and ultra-lightweight floating plastic, this device achieves an unprecedented balance between durability and comfort. Weighing only 25.8g, 40% less than traditional AR glasses, it ensures an effortless, all-day wearing experience that feels almost weightless. The ergonomic design caters to users’ needs, making it a perfect companion for both work and leisure.

This device introduces an industry-first modular design, setting a new benchmark for adaptability in AR glasses. This innovation allows users to seamlessly transition between an all-in-one configuration and a clip-on style, accommodating diverse preferences and use cases. For nearsighted users, the M5 eliminates the need for custom prescription lenses—a common limitation in traditional AR glasses. Instead, it can be conveniently clipped onto existing prescription glasses, offering unmatched practicality and cost savings. This thoughtful modularity not only enhances accessibility but also positions the MLVision M5 as a versatile solution for a broad spectrum of users.

One of MLVision M5’s standout features is its immersive visual projection system, which offers an 86-inch private virtual screen. Powered by MLVision’s proprietary Hummingbird Micro-LED light engine and advanced nano-scale diffraction waveguide technology, the glasses create a secure and private viewing experience, ideal for reading confidential documents or browsing personal files. To prioritize eye health, the device utilizes soft green light with a projection distance of 4 meters, reducing strain during extended use.

The MLVision M5 is also equipped with the AIOS platform, delivering unparalleled AI-driven capabilities to enhance user productivity and accessibility. With intelligent tools like document summarization, real-time translation in seven languages, and interactive AI chat for setting reminders and brainstorming ideas, the device seamlessly integrates into the modern workflow. Additionally, its innovative Care Mode provides real-time audio transcription, enabling a more inclusive experience for users with hearing impairments.

The MLVision M5 excels as a navigation powerhouse, offering intuitive, real-time directions to guide users seamlessly through various environments. Whether exploring a new city, finding the fastest route to your destination, or navigating while riding a bike, the M5 ensures you always stay on the right path with ease and confidence.

The MLVision M5 will launch in China at the end of January 2025. Pricing and pre-order details will be announced in the coming weeks.

MLVision, a global innovator in wearable technology, continues to push the boundaries of what is possible by merging innovation, style, and functionality. With the launch of MLVision M5, the company reinforces its commitment to accessibility, sustainability, and creating cutting-edge solutions that redefine how technology is integrated into everyday life.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mlvision-m5-unveiled-at-ces-2025-pioneering-innovation-in-wearable-technology-with-the-worlds-lightest-ai-powered-ar-glasses-302348534.html

SOURCE MLVision

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Brandivio Launches Advanced Retail Allocation Platform for Inventory Excellence

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January 11, 2025

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Brandivio’s inventory optimization solutions empower footwear and apparel brands and retailers to buy smarter, allocate & replenish faster, and meet demand with precision.

NEW YORK, Jan. 11, 2025 /PRNewswire-PRWeb/ — Brandivio, a new generation inventory excellence platform for apparel and footwear retailers, announces its expansion into North America, in conjunction with the National Retail Federation’s (NRF) Big Show in New York City.

The Brandivio platform addresses the unique needs of the retail allocation market, ensuring apparel and footwear retailers have innovative tools to grow and thrive,” said Keith Whaley, SVP of Retail Solutions at Brandivio.

Brandivio, already supporting top-tier brands in EMEA, is built by seasoned retail experts to solve critical inventory challenges in fashion and footwear.

Leveraging machine learning, real-time demand signals, and automation, the Brandivio platform optimizes the distribution of products across a retailer’s stores and e-commerce channels ensuring the right products are in the right places at the right times, ultimately improving sales and margin performance, customer satisfaction, and inventory efficiency.

Key Features of Brandivio –

Advanced Demand Sensing: Predict future demand for short lifecycle products using machine learning native algorithms incorporating hyper-local external datasets to map powerful demand drivers.Dynamic Inventory Allocation: Adjust inventory in real time at the SKU/location level based on in-season trends to reduce stockouts and overstock situations.Real-Time Analytics: Drive test and learn strategies, optimize assortment in-season and connect functional teams across the organization with actionable insights for rapid response to market trends.Automation: Reduce up to 80% of existing manual planning efforts and redirect planner focus towards even greater efficiencies.Ease of Use: Intuitive workflows ensure rapid adoption without extensive training.

“Retailers can no longer rely on outdated tools or seasonal strategies,” said James Townsend, CEO of Brandivio.

“Brandivio democratizes retail data science, enabling brands to level the playing field, compete effectively, and maximize profits in today’s fast-paced market.”

This launch underscores Brandivio’s mission to support U.S. retailers facing tighter margins and increasing competition. “Our platform addresses the unique needs of this market, ensuring retailers have the tools to grow and thrive,” added Keith Whaley, SVP of Retail Solutions.

Contact us for a demo at info@brandivio.com or visit Brandivio.com for more.

Media Contact

Keith Whaley, Brandivio, Inc., 1 9494453183, keith.whaley@brandivio.com, https://brandivio.com

View original content to download multimedia:https://www.prweb.com/releases/brandivio-launches-advanced-retail-allocation-platform-for-inventory-excellence-302345595.html

SOURCE Brandivio, Inc.

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