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Series A Funding Secures $12.5M for zkPass to Drive zkTLS Oracle Protocol

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zkPass announces the upgrade of zkTLS protocol, expanding secure data-sharing capabilities across Web3 ecosystems

NEW YORK, Oct. 21, 2024 /PRNewswire/ — zkPass, an oracle protocol enabling verifiable web private data, today announced the successful completion of a $12.5M Series A funding round. Investors include dao5, CE Innovation Capital, Animoca Brands, L2 Iterative Ventures (L2IV), UOB Venture Management, Flow Traders, Amber Group, Leland Ventures, IOBC Capital, Signum Capital, Bing Ventures, MH Ventures, WAGMI Ventures, Taisu Ventures, Ceras Ventures, GCR, and others, all recognizing zkPass’s transformative technology. This brings zkPass’s total funding to $15M to date.

“zkPass’s approach to privacy-focused data sharing is a major advancement for both the Web3 and traditional finance ecosystems. By ensuring secure, verifiable data exchange with their zkTLS protocol, zkPass presents new global opportunities for individuals and businesses. We are proud to support zkPass in their mission to empower millions with privacy-preserving solutions that will drive greater adoption and inclusion in the digital economy.” Aly Madhavji, Managing Partner, Blockchain Founders Fund.

The capital will accelerate the development and adoption of zkTLS, zkPass’s cutting-edge oracle solution designed to revolutionize secure cross-ecosystem data exchange through advanced cryptography.

Over 200 schemas from 70+ verified web data sources are now available on zkPass. With zkTLS, users can generate Zero-Knowledge Proofs (ZKPs) of private data directly in their browsers within one second, ensuring both privacy and integrity. As of October 2024, more than 2 million zk attestations have been generated across categories, including financial institutions, e-commerce, social media, and online education.

“We are excited to back zkPass, a leader in privacy-focused oracle protocols,” said Michael Lie, Flow Traders’ Global Head of Digital Assets. “By leveraging zero-knowledge technology, zkPass brings secure data verification, privacy, and authenticity to both TradFi and DeFi sectors.”

zkPass deployed the zkTLS framework, which combines 3P-TLS and Hybrid ZK technologies, to create a secure, Prover-centric private data-sharing solution. This protocol allows users to selectively prove various types of data – such as legal identity, financial records, and healthcare information – while ensuring that sensitive personal information remains confidential and verifiable on-chain and off-chain.

By integrating advanced cryptographic methods, zkTLS ensures that users’ private data can be securely shared with decentralized applications without revealing sensitive details.

With zkTLS, zkPass is positioned to bridge the gap between Web2 and Web3, enabling the integration of substantial amounts of private data from traditional internet sources into decentralized applications at scale. This technology has broad applications across AI, DePIN, DID, lending, and other financial and non-financial sectors and is poised to reshape the business models of internet data sources.

“We deeply appreciate the trust and support from our investors as we work to position zkTLS at the forefront of Web3 innovation,” said Bing, Co-founder and CTO of zkPass.” This funding will allow us to accelerate our technology development and focus on driving market adoption. After over two years of dedicated work, we are excited to bring zkTLS to real-world applications and demonstrate its potential to the broader community.”

Following a $2.5M seed round closed last year, this funding round’s successful completion underscores the increasing demand for secure, privacy-preserving solutions in the rapidly evolving Web3 landscape. zkPass remains committed to delivering a robust and scalable zkTLS protocol, empowering users with control over their data while opening up new possibilities for decentralized applications.

About zkPass: zkPass is an Oracle protocol that verifies web private data. Built on zkTLS, composed of 3P-TLS and Hybrid ZK technologies, zkPass provides tools and applications for secure, verifiable data sharing with privacy and integrity assurances from any HTTPS website without requiring OAuth APIs. Learn more at https://zkpass.org/.

View original content:https://www.prnewswire.com/apac/news-releases/series-a-funding-secures-12-5m-for-zkpass-to-drive-zktls-oracle-protocol-302281736.html

SOURCE Zkpass

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Pollo AI Releases Multi-Model Support, Offering All-in-One Video Generation Capabilities

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January 13, 2025

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SINGAPORE, Jan. 12, 2025 /PRNewswire/ — Pollo AI, an innovative leader in AI-powered video generation, today announced the launch of a new feature that allows users to select from a range of well-known AI video models, making it an all-in-one AI video generation platform.

With the introduction of multi-model support, users can now choose from popular AI video models on Pollo AI, including Kling AI, Hailuo AI, Runway, Vidu AI, Luma AI, and PixVerse. The multi-model support is available on Pollo AI’s text to video and image to video generators. These model options enhance the versatility and customization of the Pollo AI platform, empowering creators to experience different technologies to produce their videos.

Camille Sawyer, CEO of HIX.AI, the parent company of Pollo AI, expressed her enthusiasm for the new feature, stating, “At Pollo AI, we believe in fostering creativity without limits. By integrating multiple AI models, Pollo AI has become an all-in-one platform enabling our users to explore diverse cutting-edge video generation technologies at one place.”

Each model offers distinct customization options that cater to various creative needs, such as output video style, video length, resolution, motion range, aspect ratio, and camera movement. This feature is designed to provide users with the flexibility to bring their visions to life in ways that best suit their projects on Pollo A.

It is seamless and intuitive to access and use the different models offered in this all-in-one AI video generator. After log in to your Pollo AI account, on the UI of the generators, you’ll find the option to select from the various available AI models. After choosing your preferred model, you can customize the settings it comes with and start your generation.

“We believe the multi-model support will ultimately enhance their storytelling capabilities,” Camille added. “This update is a testament to our commitment to innovation and our dedication to supporting creators in their artistic journeys.”

This multi-model support feature is now available to all users. For more information about this feature and to start creating with any of the models, visit https://pollo.ai/text-to-video or https://pollo.ai/image-to-video.

MEDIA CONTACT
Camille Sawyer
CEO, HIX.AI
support@pollo.ai 

View original content:https://www.prnewswire.com/news-releases/pollo-ai-releases-multi-model-support-offering-all-in-one-video-generation-capabilities-302348811.html

SOURCE Pollo AI

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SUS ENVIRONMENT, Global Leading WtE Corporation, Launches New Brand Identity

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January 13, 2025

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SHANGHAI, Jan. 13, 2025 /PRNewswire/ — As the world’s population grows and industrialization accelerates, the conflict between energy and the environment is intensifying. The search for a balance between energy supply and environmental protection has become a crucial issue for global sustainable development.

In January 2025, SUS ENVIRONMENT launches new global brand identity. This renewal improves the brand image and enriches the brand connotation, bolstering its commitment to global sustainable development.

PART 1: Logo Renewal

The abbreviation “SUS”,” which is derived from “sustainable”,” emphasizes the company’s mission to create a cleaner and more friendly living environment through waste-to-energy solutions. Inspired by the traditional Chinese Tai Chi diagram, the graphic incorporates the concept of cyclic generation, shows the characteristics of energy recycling and expresses the brand endless vitality.

PART 2: Mission Connotation Expansion  

The refreshed brand highlights SUS ENVIRONMENT’S unwavering focus on stakeholder benefits:

Environmental Impact: Solving waste disposal challenges to create cleaner environments.Employee Well-Being: Promoting diversity, equity and inclusiveness to enhance employee satisfaction.Community Engagement: Building supportive environments to improve community living standards.Business Integrity: Establishing fair and transparent practices to strengthen partnerships.

PART 3: Brand Colors

The primary colors of SUS ENVIRONMENT are blue and green to symbolize technological innovation and environmental protection. They are complemented by metallic gold and technical silver to convey high quality and stability. Together, these colors embody the core values of the brand: Professionalism, Innovation, Vitality, and Trustworthiness.

The new global brand identity heralds the next chapter for SUS ENVIRONMENT. In the future, SUS ENVIRONMENT will leverage its strength to make the world a better place.

About SUS ENVIRONMENT

SUS ENVIRONMENT is the world’s largest provider of waste incineration equipment and technology, as well as one of the top three investors and operators of waste-to-energy projects (low-carbon Eco-industrial parks) globally. 

As of June 2024, SUS ENVIRONMENT has established 10 management centers worldwide, providing environmental and energy services to over 100 million people. It has invested in and constructed 84 waste-to-energy projects (low-carbon Eco-industrial parks), with a daily processing capacity 110,000 tons of municipal solid waste and annual green power generation of approximately 18,000 GWh. Its equipment and technology are applied in 277 waste-to-energy plants across the world, comprising 518 incineration lines, with a daily capacity 290,000 tons of municipal solid waste. 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/sus-environment-global-leading-wte-corporation-launches-new-brand-identity-302348819.html

SOURCE Shanghai SUS ENVIRONMENT Co.,Ltd.

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MitrEarth, a knowledge platform, identifies risk points, provides disaster warning, reduces losses

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55 minutes ago

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January 13, 2025

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BANGKOK, Thailand, Jan. 13, 2025 /PRNewswire/ — MitrEarth, an innovative online platform developed by Chulalongkorn University lecturers, simplifies geological knowledge and provides cutting-edge topographic data for each Thai province. It identifies risk points, delivers disaster warnings, and enhances community preparedness. The platform gained prominence when heavy rains and muddy water devastated Mae Sai District, Chiang Rai Province, raising urgent questions: Where will the water flow? Will it reach our homes? Should we prepare to relocate?

Created by Prof. Dr. Santi Phailobli from Chulalongkorn University’s Department of Geology, MitrEarth addresses these concerns. Since its launch in 2019, it has become a trusted source for disaster-related information, gaining over 200,000 followers. Its topographic maps, developed using GIS tools and satellite data, enable users to understand their local terrain and assess disaster risks. These maps have been utilized by local authorities and public pages for disaster warnings and response planning.

During recent floods in Chiang Rai, Lampang, and Sukhothai, MitrEarth’s maps provided actionable insights. Pages like Chiang Rai Conversation and Ramrome Weather cited MitrEarth to warn residents in vulnerable areas. As Dr. Santi emphasizes, “Disasters, whether rare or frequent, can cause immense damage. Understanding geology helps us communicate and prepare effectively, reducing impacts.”

Dr. Santi’s platform also serves as an educational tool, offering free access to maps and resources for both teaching and disaster management. He advocates integrating disaster education into school curriculums, ensuring everyone understands local risks such as floods, mudslides, and tsunamis. Notably, he highlights the severe 2001 Phetchabun mudslide, which claimed 136 lives, as a reminder of the need for vigilance.

MitrEarth’s GIS maps play a crucial role in disaster management, offering detailed, real-time data tailored to various scenarios. The platform also collaborates with Chulalongkorn University’s Digital War Room, integrating predictive tools for floods and landslides. While Dr. Santi acknowledges AI’s potential in disaster forecasting, he believes Thailand lacks sufficient data for reliable implementation.

Despite these challenges, Dr. Santi remains committed to expanding MitrEarth’s capabilities. He continues to refine data sets, improve map accessibility, and engage directly with communities to enhance disaster preparedness. For those seeking to understand and mitigate natural disasters, MitrEarth offers a vital resource.

Explore more at the Facebook page mitrearth or mitrearth.org.

Read the full article at https://www.chula.ac.th/en/highlight/207225/

Media Contact:        

Chula Communication Center
Email: Pataraporn.r@chula.ac.th     

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/mitrearth-a-knowledge-platform-identifies-risk-points-provides-disaster-warning-reduces-losses-302348829.html

SOURCE Chulalongkorn University Communication Center

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