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aelf and Gaia Hosted Hello [AI], Bringing Together AI and Blockchain Innovators at TOKEN2049 Week

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aelf’s AI-themed event kicked off Singapore’s TOKEN2049 week, paving the way for the future of AI-blockchain integration

SINGAPORE, Oct. 7, 2024 /PRNewswire/ — aelf, a leading AI-enhanced Layer 1 blockchain network, hosted Hello [AI] on 16 September 2024, with co-host Gaia. The event successfully kicked off Singapore’s TOKEN2049 week, attracting a capacity crowd of AI and blockchain enthusiasts, industry experts, and Web3 innovators at SKAI Loft, Swissôtel. Attendees included AI and blockchain enthusiasts, developers, industry experts, and Web3 leaders, looking to explore the fusion of AI and blockchain.

Supported by Google Cloud and Microsoft, and featuring partners such as Asia Blockchain Gaming Alliance (ABGA), NEAR, Plug and Play, Sapien, and SchellingAI, Hello [AI] underscored the growing synergy between AI and blockchain. The event provided a vibrant platform for discussion, thought leadership, and networking, signalling the critical role blockchain technologies will play in the future of digital innovation.

Advancing the AI-Blockchain Dialogue

At the heart of Hello [AI] was a focus on AI and blockchain integration. Brian Liang, COO of aelf, delivered the keynote, sharing aelf’s vision of an AI-enhanced blockchain ecosystem.

He emphasised the importance of community engagement in shaping this future and highlighted key developments from aelf’s Whitepaper v2. This includes aelf’s recent successful deployment of AI-powered audits for smart contracts and the integration of machine learning for smart contract optimisation. Liang also revealed upcoming developments, such as the rollout of aelf’s AI oracle and the use of natural language processing (NLP) to simplify smart contract creation.

Panel Discussion: AI-Powered Blockchain Application

A lively panel discussion moderated by Khaniff Lau, Business Development Director at aelf, featured key figures exploring the future of AI-enhanced blockchain applications. Panellists included Sydney Lai, Head of Developer Advocacy at Gaia; Steve Shirkey, Director of Azure AI for ANZ, ASEAN, and Korea at Microsoft; Chris May, Head of Global Sales at Sapien; and CC Chen, AI Blockchain Expert at Google Cloud.

The panel explored the potential of AI-powered blockchain applications, delving into real-world use cases and addressing challenges such as AI hallucinations. The panellists shared insights on improving the integration of AI in decentralised applications, enhancing interoperability between AI and blockchain systems, and overcoming technical barriers to adoption.

Fireside Chat: Can AI Become Truly Decentralised?

In a thought-provoking fireside chat moderated by Khaniff Lau, Emad Mostaque, Founder of Schelling AI, and Luki Song, Head of Ecosystem & Strategy at Chainbase, explored the potential for AI to not just exist within decentralised systems, but to actively function in a fully decentralized manner.

This discussion highlighted blockchain’s capacity to address key concerns around data ethics, trust in algorithms, and the infrastructure necessary to support decentralised AI, while offering insights into how decentralisation could reshape the AI landscape.

Interactive On-Chain Entertainment and Engagement

Beyond discussions, Hello [AI] offered on-chain, hands-on experiences. Attendees gamified their event participation by voting for music genres via TMRWDAO‘s Votigram bot on Telegram, weaving decentralisation into entertainment. Guests also collected Crypto Boxes, with rewards in the form of $ELF tokens, and $SGR tokens from Project Schrodinger, the world’s first AI-powered 404 NFT collection. These elements showcased blockchain’s ability to seamlessly integrate into real-world experiences and provide tangible rewards through decentralised technologies.

aelf’s Vision for a Decentralised, AI-Enhanced Future

Hello [AI] kickstarted this year’s TOKEN2049 and signified aelf’s pivotal role in advancing decentralised AI and blockchain technologies. The success of Hello [AI] sets the stage for aelf’s role as a pioneer in AI and blockchain convergence. “We are excited by the collective brilliance and shared vision within our community,” said Brian Liang. “As we continue to evolve, we invite more innovators to help us shape the future of Web3.” As aelf continues to lead the way in AI-blockchain integration, Hello [AI] underscored the network’s commitment to building a decentralised, AI-enhanced future for the global Web3 ecosystem.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com 

Telegram: https://t.me/aelfblockchain  

Discord: https://discord.gg/aelfblockchain

About aelf

aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and remains dedicated to advancing Web3 and AI technology adoption.

For more information about aelf, please refer to our Whitepaper V2.0: https://docs.aelf.com/resources/whitepaper-2/ 

About Gaia

Gaia is a pioneering decentralized AI platform dedicated to transforming knowledge into a dynamic, secure, and collaborative ecosystem. By bridging the gap between centralized AI solutions and open-source models, Gaia offers a unique network of living knowledge organisms that adapt and grow continuously. Our platform empowers knowledge holders to protect and monetize their intellectual property while enabling developers to build innovative, smarter applications on top of a secure, evolving foundation. With a commitment to privacy, adaptability, and collaboration, Gaia is redefining the future of AI, making knowledge a vibrant, protected, and accessible resource for all.

Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information. aelf reserves all rights not expressly granted in this press announcement.

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rSIM launches in North America at Mobile World Congress Las Vegas 2024

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LONDON, Oct. 7, 2024 /PRNewswire/ — rSIM, the world’s first truly resilient and intelligent SIM card, is set to introduce its Always On, Dual Core solution at Mobile World Congress in Las Vegas this week (8th – 10th October). After its successful collaboration with Vodafone Business IoT at IoT Tech Expo in Amsterdam last week, rSIM is entering the North American market with a mission to transform IoT connectivity through enhanced network resilience and reliability.

At MWC Las Vegas, rSIM will demonstrate its patented technology, which autonomously monitors network conditions and seamlessly switches between mobile operators when disruptions occur, ensuring maximum uptime for IoT applications. By embedding intelligence within the SIM card itself, rSIM offers a significant leap forward in connectivity solutions for Mobile Operator and IoT devices alike.

Richard Cunliffe, Director at rSIM, stated: “Our expansion into North America marks a significant milestone for rSIM. We’ve seen the impact our technology can have on IoT deployments in Europe, and we’re excited to bring that same innovation and reliability to North America.”

MWC Las Vegas provides a strategic platform for rSIM to connect with Mobile Operators, solution providers and device manufacturers who are looking for solutions to increase network resilience. The rSIM technology is particularly well-suited for sectors requiring Always On, real-time connectivity, where downtime is simply not an option.

“We look forward to engaging with partners from the US, Canada, and Mexico, and demonstrating how rSIM can drive better performance and reliability across their IoT ecosystems.” added Cristina Barlow, Head of Strategic Partnerships, North America at rSIM.

Visitors to MWC Las Vegas can find rSIM at the GSMA Pavilion, where the team will share successful use cases and discuss how rSIM is helping companies meet evolving standards while pushing the boundaries of IoT connectivity innovation.

For more information about rSIM and its participation at MWC Las Vegas, visit rsim.com or contact the rSIM team.

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Access Control as a Service (ACaaS) Market worth $3.06 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Oct. 7, 2024 /PRNewswire/ — The global access control as a service market is expected to be valued at USD 1.34 billion in 2024 and is projected to reach USD 3.06 billion by 2029; it is expected to grow at a CAGR of 17.9% from 2024 to 2029 according to a new report by MarketsandMarkets™. Accelerated urbanization in emerging markets is fueling the demand for advanced access control solutions. Growing adoption of cloud-based Access Control as a Service (ACaaS) is transforming security management systems. Increasing integration of access control systems with employee management and HR platforms is enhancing operational efficiency in the access control as a service market. Increasing shift toward subscription-based business models is fostering recurring revenue streams for security service providers. Growing demand to manage global security operations from centralized locations is pushing the adoption of unified security platforms in the access control as a service market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=14330268

Browse in-depth TOC on “Access Control as a Service (ACaaS) Market” 
162 – Tables
64 – Figures
226 – Pages

Access Control as a Service (ACaaS) Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 1.34 billion

Estimated Value by 2029

$ 3.06 billion

Growth Rate

Poised to grow at a CAGR of 17.9%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Service Type, Cloud Deployment Model, Vertical, and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Unauthorized Access and Data Breach

Key Market Opportunities

Unauthorized Access and Data Breach

Key Market Drivers

Increased adoption of IoT-based security systems and cloud computing platforms

Commercial vertical to hold the highest market share during the forecast period.

Commercial vertical will account for the largest market share in the ACaaS market during the forecast period. This can be attributed to the increasing need for secure access management solutions across commercial buildings, offices, and retail spaces. Scalability, cost-effectiveness, and even remote access management abilities are making cloud-based ACaaS increasingly attractive within this segment. With increasing urbanization and infrastructure development, coupled with the trend of smart buildings, demand for advanced security systems is rising in the commercial segment, which is further basing its strength in the ACaaS market.

By Service Type, Hybrid segment is projected to grow at a high CAGR of Acalas industry during the forecast period.

A hybrid access control service may be marked as a combination of both hosted and managed access control. In this type of access control, a certain part of the access control system is handled by the end user while the rest of the function is outsourced to a third-party vendor. In this model, permissions are not directly associated with the attributes or the roles. In dynamic role assignment, roles are assigned to users based on the attributes provided by the user, which are then adopted for authentication purposes. Once the roles are assigned, authorization starts whereby the user is granted access based on the assigned roles. The hybrid access control service will act as a catalyst in driving better threat visibility, rapid and effective attack response, minimizing cyber security risks, and being compliant with the latest regulations and standards.

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Asia Pacific will account for the highest CAGR during the forecast period.

In Asia Pacific, China is amongst the largest countries in the world and one of the largest manufacturers and producers of industrial goods. Agaas has grown and developed immensely in the recent years as, to address margin-related issues that Chinese suppliers have been causing, lately manufacturers are adopting cloud-based solutions. The large-scale industrialization of the country has given birth to the growing need for security systems. Thirdly, consistent R &D expense resulted in the innovation of highly sophisticated systems that can meet the diversified user needs. In government sectors, access control system had been employed to raise security measures and take instantaneous action against looming threats. AcaaS – The software and data are retained at vast data centres instead of being retained locally on on-premises servers. Hardware systems remain the same, similar to those in an access control system. Hence, Acaas save the operational costs of institutions considerably with no compromise on the standards of security. In residential areas too, the demand for Acaas is tremendous, thanks to the ever-growing requirement of securing personal properties.

Key Players

Key companies operating in the ACaaS companies are Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Thales (France), ASSA ABLOY Group (Sweden), dormakaba Group (Switzerland), Identiv, Inc. (US), Kastle Systems (US), AMAG (US), Brivo Systems, LLC. (US), and Cloudastructure Inc. (US) among others.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

VSaaS Market Size, Share & Industry Growth Analysis by Type (Hosted, Managed, Hybrid), Feature (AI-enabled VSaaS, Non-AI VSaaS), AI Visual Analysis (Object Detection & Recognition, Intrusion Detection, Facial Recognition, Anomaly Detection), Vertical & Region – Global Forecast to 2029

Access Control Market by Offering (Hardware-Card-based, Biometric, & Multi-technology Readers, Electronics Locks, Controllers; Software; Services), ACaaS (Hosted, Managed, Hybrid), Vertical and Region – Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
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Oscium Announces Acquisition of MetaGeek, Expanding Wireless Network Solutions Portfolio

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OKLAHOMA CITY, Oct. 7, 2024 /PRNewswire/ — Oscium, a leader in innovative wireless test equipment, is excited to announce the acquisition of MetaGeek, a pioneer in Wi-Fi network analysis tools. This acquisition brings together two industry-leading companies, combining MetaGeek’s expertise in WLAN analysis software with Oscium’s world-class hardware solutions. Together, the companies will deliver a comprehensive suite of products designed to simplify and enhance wireless network management for professionals around the world.

The combined entity will offer unmatched wireless solutions.

MetaGeek, widely known for its powerful tools such as Wi-Spy, InSSIDer and Chanalyzer, has been at the forefront of WLAN analysis, helping network professionals troubleshoot and optimize Wi-Fi networks with ease. Oscium, renowned for its industry-leading wireless test equipment, has transformed the way professionals monitor and maintain wireless environments. By joining forces, the combined entity will offer unmatched wireless solutions that integrate software and hardware, providing customers with more powerful, streamlined wireless network management tools.

“We are thrilled to welcome MetaGeek into the Oscium family,” said Bryan Lee, President of Oscium. “MetaGeek’s innovative software products are trusted by network professionals around the world. By integrating our hardware technology with their WLAN analysis expertise, we will provide the most comprehensive and user-friendly solutions in the industry. This acquisition aligns with our mission to simplify wireless network troubleshooting and deliver next-generation tools that empower professionals to optimize their networks with confidence.”

As part of the acquisition, Brian Tuttle, MetaGeek’s co-founder, will return to lead the software development side of the business, ensuring continuity and driving future innovation for MetaGeek’s flagship products. The acquisition will see MetaGeek’s key products continue to thrive, with enhanced capabilities through their integration with Oscium’s hardware offerings. In the coming months, customers can expect new bundled product solutions that deliver even greater value and performance. Both companies remain committed to supporting existing customers with ongoing product updates and support.

“We’re focused on maintaining the integrity and usability of MetaGeek’s products while elevating their performance through tighter integration with Oscium’s hardware,” added Lee. “Brian’s return to the team is an exciting development that will ensure MetaGeek’s core products remain on the cutting edge of WLAN technology.”

MetaGeek will continue to operate under its well-established brand name during the transition period, with plans for tighter integration into Oscium’s brand ecosystem over time. The combined team will work on joint R&D efforts to deliver next-generation solutions that address the growing demands of wireless network management.

About Oscium:
Oscium is an industry leader in wireless test equipment, providing innovative, user-friendly solutions for wireless network professionals. With a focus on simplifying complex tasks, Oscium’s products deliver unmatched performance and usability in wireless network monitoring, testing, and analysis. From RF spectrum analyzers to network analyzers, Oscium helps professionals troubleshoot networks with ease and precision.

About MetaGeek:
MetaGeek has been helping WLAN professionals analyze and optimize wireless networks since 2005. Known for products like Wi-Spy, InSSIDer, and Chanalyzer, MetaGeek’s tools make Wi-Fi troubleshooting accessible, even in complex environments. With a commitment to innovation and customer satisfaction, MetaGeek has built a reputation as a trusted partner for network professionals worldwide.

For more information on the acquisition and upcoming product developments, visit www.oscium.com or www.metageek.com.

Media Contact:
Bryan Lee, President
Oscium
sales@oscium.com

 

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