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Foresite Sensor Technology Allows The Bristal Assisted Living Communities to Increase Safety of Residents By Anticipating Falls and Other Safety Concerns Through Use of Artificial Intelligence Monitoring System

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NEW YORK, Sept. 5, 2024 /PRNewswire/ — The Bristal Assisted Living communities are utilizing innovative AI technologies to increase the safety of residents. Through the Foresite Fall Detection & Health Monitoring system, The Bristal can incorporate sophisticated predictive analytics that allows it to track changes in a resident’s fall risk and other health conditions.

How it works:

“Foresite combines passive wireless sensors, depth sensors and under-bed sensors with artificial intelligence to proactively and continuously monitor and interpret a residents’ movements and vital sign trends without recording actual picture, so privacy is always maintained,” said Amy Silva-Magalhaes, Chief Operating Officer of The Bristal Assisted Living. “The sensors communicate that data to the Foresite software which allows our care team to make an independent assessment to improve long-term care planning for our residents.”

Falls are a major concern:

According to the Centers for Disease Control and Prevention, each year, more than one in four older adults ages 65 and older experience a fall, resulting in about 3 million emergency department visits. Roughly 20-30% of falls result in moderate to severe injuries such as hip fractures, broken bones and head injuries that reduce mobility, independence, and increase the risk of premature death. Approximately 88% of older adult hip fractures treated in the emergency department or hospitalized were the result of a fall.

How Foresite makes a difference:

“Foresite allows us to investigate the cause of a fall,” says Erika Cerna, BSN, RN, Regional Director of Healthcare at The Bristal. “We can roll back the video and see what a resident was doing prior to [a fall]. Foresite allows our staff to think outside the box when it comes to interventions to prevent further falls. While we can’t guarantee that a resident is not going to fall, this is another layer of safety that we can offer to possibly prevent injury or a worse injury from happening.

Peace of mind:

“When we heard about the Foresite system we were very intrigued,” said Kerry Gillick Goldberg, a family member of a resident at The Bristal. “We thought this isn’t going to replace the fabulous nurses on staff or interaction with real people, but it is a way that will give us a bit more peace of mind. She has already experienced some falls and The Bristal staff was able to get to her swiftly because they were alerted by the system immediately. So, we have already seen the benefit of the Foresite system.

What the data shows:

Because of the use of Foresite, the number of resident falls at The Bristal have been reduced by 42%. The Bristal has achieved a median staff response time to resident falls of just 1 minute and 46 seconds compared to the industry average of 40 minutes. Foresite captures 94% of unwitnessed falls and has an accuracy rate of 98%.

The technology calculates and trends walking speed and stride, restlessness, heart rate, and respiratory rate. It analyzes and assesses data, generates insights, and notifies The Bristal care team of potential changes in condition or fall risk. If a fall occurs, Foresite instantly delivers an alert for immediate care. The sensors maintain privacy and all data collected is in compliance with HIPAA standards.

According to Kyra Sosnow, Vice President of Information Systems at The Bristal, “Foresite is not meant to replace hands on care or attention. The Bristal offers Foresite as a compliment to the extraordinary care that our staff provides.”

Based on years of collecting data and machine learning, the system is designed to use artificial technology and predictive analytics to determine what series of changes could potentially indicate illnesses like an infection, heart problems, pneumonia, a UTI or even COVID-19. If the system detects these types of changes in the data that are indicative of an illness, staff is notified to intervene proactively.

“Falls can have profound, life-altering impacts,” expressed Silva-Magalhaes. “By integrating the Foresite system at The Bristal, we’ve significantly reduced falls, showcasing how artificial intelligence can transform safety and care in senior living. Our commitment to merging innovation with compassion ensures our residents enjoy a safer, more fulfilling lifestyle.”

About The Bristal Assisted Living Communities

The Bristal is the Tri-State region’s most trusted provider of senior living services. We offer luxurious senior living accommodations in privately owned communities on Long Island, in Manhattan, NY, in Westchester County, NY, and in New Jersey. Each of our communities is designed to help seniors stay active and independent and flourish in all aspects of daily life. Our genuinely compassionate and caring team is committed to our residents’ well-being, ensuring our residents experience extraordinary accommodations, expert care, and any necessary support.

View original content to download multimedia:https://www.prnewswire.com/news-releases/foresite-sensor-technology-allows-the-bristal-assisted-living-communities-to-increase-safety-of-residents-by-anticipating-falls-and-other-safety-concerns-through-use-of-artificial-intelligence-monitoring-system-302239953.html

SOURCE The Bristal Assisted Living

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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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52 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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52 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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