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The 10th edition of Big CIO Show virtually convened India’s top CIOs

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INDIA, Jun 09, 2021 – (JCN Newswire) – The 10th edition of Big CIO Show – India gathered major stakeholders of India’s technology ecosystem such as government think-tanks, technology experts and leading technology solution providers, to discuss the critical infrastructure, where digital transformation can help the nation boost economic competitiveness.

The attendees were enlightened by the speakers from governments and enterprises such as Dr Rajendra Kumar – Additional Secretary, MeitY, Government of India; Ripu Bajwa – Director and GM, Data Protection Solutions, Dell Technologies; Golok Kumar Simli – Chief of Technology, Ministry of External Affairs, Government of India; Sudhir Kanvinde – Executive Director – IT, Ministry of Ports Shipping, Government of India; Sanjiv Mehta – Country Manager, AMD; Sridhar S – VP, Managed Services – Cloud, Hosting and Security, Tata Communications Ltd; Veneet Sharma – Regional Sales Director – APAC(IAM), Thales; Rajiv Ramanan – Director – Technology Partnerships, Freshworks Inc.; Harish Sekar – Senior Technical Evangelist, Manage Engine, a division of Zoho Corp; to name a few.

The show covered key topics such as driving businesses to reassess transformation roadmap, understanding the value of customer data platforms, the rise of native clouds, cyber security implications of working remotely, edge computing gaining the edge, emergence of the software-defined enterprise, future of data centres, and more.

Key highlights and takeaways from Big CIO Show – India include:

Sridhar S, VP, Managed Services – Cloud, Hosting and Security Tata Communications Ltd discussed at length on the topic ‘From Technology to Business Innovation with Unified Cloud Experience’. He stated that “It is very clear that cloud is becoming a biggest business improvement machine. The innovations that one can bring about in your business model has made us realize that all these are important as we go ahead into the future because we need to be present everywhere and we need to be present close to the customers.”

In a panel discussion on the topic ‘The Cyber security Implications of Working Remotely’, moderated by Jacxine Fernandez, VP, Cyber Security at Adani Group, the panellists discussed key areas such as ‘Protecting the remote workforce’ major cyber-attack trends of 2020 and alternatives to the current solutions on remote working and much more.

Dell Technologies tech talk on the topic ‘Increase your agility with Multi-Cloud flexibility’ stated that “Business transformation is a pre-requisite for all organizations and is crucial for every kind of business.”

While speaking about ‘Digital Transformation in Government’, Dr Rajendra Kumar, Additional Secretary, Ministry of Electronics and Information Technology, Government of India mentioned that “MeitY has unveiled its vision for 2025, to create USD 1 trillion of economic value using digital technology in India.”

Ranganath Sadasiva, CTO, Hybrid IT at Hewlett Packard Enterprise, while delivering a keynote on ‘Fuelling Edge-to-Cloud Digital Transformation’, mentioned that, “HPE essentially focuses on workloads that prevail in the marketplace today and ensure that it delivers right kind of compute resources for everything as a service.”

A highly engaging keynote addressed by Veneeth Sharma, Regional Sales Director – APAC (IAM), at Thales on ‘Somebody Else’s Mistake: Our Learning’. In his discussion, he mentioned that “There is knowledge in the organization, but not all aspects are covered. A dive is used to formulate an architectural approach where security is designed, and no aspects are left uncovered.”

Rajiv Ramanan, Director, Technology Partnerships at Freshworks Inc. discussed at length on ‘The Greater Good – Building a Digital-Ready Culture’. He stated that, “Because of the change in customers that have come in so rapidly due to the pandemic, DT journey of enterprises has been accelerated by more than 5 years, and for the customers for more than 7-10 years.”

“While pandemic-related challenges have manifested themselves in a variety of ways across industries, businesses survive to emerge from these pandemic effects, CIOs are tasked with driving rapid growth and profits. It is ‘all hands on deck’ for organizations to recover and get back into development mode,” says Mithun Shetty, CEO of Trescon.

The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

Big CIO Show – India was officially sponsored by – Presenting Sponsor – Dell Technologies and AMD; Powered By Sponsor – TATA Communication; Co-Powered By Sponsor – Hewlett Packard Enterprise and Team Computers; Gold Sponsors: Thales and Technobind, Freshworks and Silver Sponsor – ManageEngine

About Big CIO Show

Big CIO Show is a thought-leadership-driven, business-focused initiative that provides a platform for CIOs who are looking to explore new-age technologies and implementing them in their organizations.

For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com

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Source: https://www.jcnnewswire.com/pressrelease/67190/3/

Blockchain

Credmark Previews Uniswap V3 Portfolio Management Tool

Credmark Previews Uniswap V3 Portfolio Management Tool

Credmark Previews Uniswap V3 Portfolio Management ToolThe team is focused on making liquidity provision safe and easy. Singapore, June 18, 2021 – DeFi risk modelling platform Credmark has announced its upcoming portfolio management tool for Uniswap V3. It will be the first retail product to be launched by the project in an effort to provide easier ways of providing liquidity. The

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The team is focused on making liquidity provision safe and easy.

Singapore, June 18, 2021 – DeFi risk modelling platform Credmark has announced its upcoming portfolio management tool for Uniswap V3. It will be the first retail product to be launched by the project in an effort to provide easier ways of providing liquidity. The development team has also shared a sneak peek explaining the tool’s functionality.

“Uniswap V3 is really difficult to use and puts you at risk of your assets going out of range. We made a tool to fix that.” – Credmark Founder Neil Zumwalde.

The portfolio management tool allows users to choose the amount of risk they are willing to participate in prior to allocating their funds in a liquidity pool. By backtesting models against historical price data and by considering asset correlation, the team provides the user the information needed to avoid the biggest risk associated with V3, which is impermanent loss. 

These solutions are an urgent need for this sector of the blockchain and cryptocurrency industry. The project was recently backed by investors such as Genesis Block Ventures, Spark Digital Capital, and Solidity Ventures and entered a partnership with the trusted API3 oracle service. All of whom see great potential in the tool and other upcoming products. 

Furthermore, Credmark just completed the successful launch of its $CMK token under an innovative Liquidity Swap Drop model.

About Credmark

Originally a crypto credit data company, Credmark’s novel platform addresses data integrity issues in DeFi by aggregating and normalizing data. The team has identified a way to provide high integrity, institutional grade risk tools to retail users. The CMK token will be used to govern network parameters, incentivize model developers and other contributors, and secure the system via staking lockups.

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ACN Newswire

DeFi Powerhouse Fantom’s Native Token FTM Gets Listed on BitFinex and Gemini

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NEW YORK, NY, June 19, 2021 – (ACN Newswire) – Two major cryptocurrency trading platforms have listed Fantom within the last 24 hours, as the blockchain platform and its native token FTM continues to grow its footprint across the globe.

1. Bitfinex, one of the world’s oldest exchanges, has announced the listing today.
2. US-based digital currency exchange Gemini announced the listing of FTM yesterday, allowing US citizens to buy and trade on their regulated trading platform.

Fantom has been showing remarkable growth in the first quarter of 2021. It enables users to make blockchain transactions without the hassle of high fees, complicated interfaces, slow transaction speeds and weak security.

Bitfinex

Users can withdraw and deposit FTM on Opera Mainnet on Bitfinex leveraging the speed and low transaction costs of Fantom. Founded in 2012, Bitfinex was one of the first professional platforms set up to accommodate the booming interest in cryptocurrency trading. Since then, the team has gained invaluable experience whilst cementing their spot as the go-to platform for digital asset traders and institutions.

Bitfinex is widely used in the Asia Pacific region, especially in China and by getting listed on the platform increases Fantom’s presence in the region.

GEMINI

Gemini, formally known as Gemini Trust Company LLC, is considered one of the most trusted, reliable and regulated digital currency exchange platforms. Its creators Cameron and Tyler Winklevoss created this platform, enabling people from the US to trade safely and secure various cryptocurrencies using USD. Gemini has made a name for itself as being both regulated and highly reputable. Fantom’s addition to Gemini is mutually beneficial as Fantom is closer to being one of the best DeFi (decentralized finance) platforms in the industry.

Being a US-based exchange, Fantom’s listing on the platform now opens up the opportunity for investment by US-based crypto enthusiasts and large-scale investors alike, both of which now have much easier accessibility to the token.

The US is a financial powerhouse when it comes to cryptocurrency, with a recent survey showing more than 6 percent of Americans have financial interests in crypto. That puts the US behind only China when it comes to cryptocurrency investment, which needless to say, opens up a world of opportunity for Fantom.

Fantom’s Exponential Growth

Fantom’s exponential growth is attributed to many factors, including its multiple government partnerships. In addition to being user-friendly, Fantom is also a developer-friendly blockchain that has attracted developers through its decentralized system, enabling blockchain projects with efficiency and ease. Fantom’s minimal fees make this platform desirable, not to mention its compatibility with Ethereum.

– Website https://fantom.foundation/
– Docs https://docs.fantom.foundation/
– Research papers https://fantom.foundation/fantom-research-papers/
– Discord http://chat.fantom.network/
– Telegram https://t.me/Fantom_English
– Blog https://fantom.foundation/blog/
– Twitter https://twitter.com/FantomFDN
– Reddit https://www.reddit.com/r/FantomFoundation/
– Github https://github.com/Fantom-Foundation

Media Contact Information
Simone Pomposi
pr@fantom.foundation
https://fantom.foundation

SOURCE: Fantom Foundation


Topic: Press release summary
Source: Fantom Foundation

Sectors: FX & Digital Currencies, FinTech & Blockchain


https://www.acnnewswire.com

From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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Source: https://www.acnnewswire.com/press-release/english/67421/

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Cleantech

FDNY Orders 184 Additional Ambulances With Stealth Power’s Idle Mitigation Technology & Fleet Intelligence

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Friday, June 18, 2021Stealth Power announced that the Fire Department of New York (FDNY) has ordered an additional 184 ambulances with the company’s Vehicle Power System, bringing the total number to 500 by the end of 2021.

FDNY responds to almost two million emergencies every year and serves more than 8.5 million people within a 302-square-mile radius. For rapid response times, ambulances are on standby. Before integrating Stealth Power’s Vehicle System, ambulances could idle for up to 12 hours each day.

“As the largest and busiest emergency response fleet in the country, we’re thrilled to support FDNY in their transition to a low carbon fleet,” said Devin Scott, Chief Executive Officer of Stealth Power. “Stealth Power keeps critical equipment on with engines off, reducing fuel use up to 30% every month and helping large fleets transition towards a fully electric future.”

Photo credit: Microsoft

The leader in idle mitigation and clean energy for fleets with complex power needs, installations include Stealth Power’s System Intelligence platform, powered by Microsoft Azure. Stealth Power’s solution incorporates sensors that collect data and sends it to Azure for safe and secure storage. Microsoft Power BI dashboards allow clients to easily manage the operational efficiency of individual vehicles or a whole fleet.

“We share Stealth Power’s commitment to a clean, efficient future informed by data,” said Kirk Lonbom, Director, Public Safety and Justice Strategy, US State and Local Government at Microsoft. “Stealth Power’s Fleet Intelligence platform powered by Microsoft Azure demonstrates the real-world value of their idle mitigation technology and we’re pleased to see continued adoption of their solutions.”

Since 2016, Stealth Power has helped FDNY save millions in fuel and maintenance costs while reducing CO2 emissions by over 100,000,000 lbs., meeting the state’s reduced emissions mandates and improving New York City’s air quality.

Photocredit: Microsoft

About Stealth Power: Stealth Power designs and builds idle mitigation and scalable hybrid energy systems that power complex fleet operations into the future. Manufactured in the USA, Stealth Vehicle and Mobile Power Systems are trusted by FDNY, U.S. Customs and Border Protection, and the FAA to power everything from life-saving medical equipment to remote towers equipped with intelligence sensors. Stealth Power keeps mission critical equipment on with engines or generators turned off.

For more information, contact Rachel Charlesworth (rcharlesworth@stealth-power.com)

This press release is supported by Stealth Power.


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Blockchain

COSIMO X is Now a Backer of yAxis’ Yield Farming Solution 

yield farming

yield farmingCOSIMO X is a venture capital fund that invests in next-generation technological opportunities and is the world’s first tokenized fund. The team have been leaders in this innovation space for over 25 years. Its track record includes many pioneering moments such as the first commercially available financial service on the Internet to the first internet

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COSIMO X is a venture capital fund that invests in next-generation technological opportunities and is the world’s first tokenized fund. The team have been leaders in this innovation space for over 25 years. Its track record includes many pioneering moments such as the first commercially available financial service on the Internet to the first internet push notification. The fund is also an early investor in the fast-growing adaptive digital asset NDAU and participated in the private sale ahead of the wildly successful Casper Labs launch.

Continuing the tradition of remaining at the forefront of emerging technologies, COSIMO X has decided to enter the yield farming investment strategy through yAxis. Yield farming is one of the most popular investment strategies in the Crypto DeFi sector since it enables investors to lock their idle assets into protocols that offer attractive returns. The top four aggregators that provide these strategies as a service have reached a total value locked (TVL) of over $6 billion.

yAxis is a simple, all-in-one solution for DeFi yield aggregation. It consists of a DAO on the Ethereum blockchain that combines different yield farming strategies via popular protocols. These strategies are decided on by a community of holders of the ERC-677 governance token $YAXIS. The TVL for the project’s MetaVault reached $200 million shortly after launch.

The popularity of the platform is due to the fact that it gives investors simplified access to these aggregation services. Holders of the yAxis governance token earn a performance fee for designing and recommending strategies in their role as fund managers. Meanwhile, yAxis users receive all the benefits from a single, easy-to-use and inexpensive entry point. 

COSIMO X sees yAxis as a bridge into DeFi with minimized risks and pooled gas fees that requires no previous knowledge. yAxis perfectly fits the market’s need for this solution by providing a great product roadmap, a secure ecosystem, and an engaged community. 

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