Tag Archives: LIC

Banggood Enables Smart Shopping with New Feature Added through Huawei Mobile Service (HMS) Ecosystem

GUANGZHOU, China, May 29, 2020 /PRNewswire/ — Banggood, a leading online retailer that focuses on cross-border export e-Commerce, has made the online shopping process even more fluid with the launch of a one-take purchase feature on their App integrated the powerful, convenient image processing capabilities of Huawei’s Machine Learning (ML) Kit.

Banggood enables smart shopping with new feature added through Huawei Mobile Service (HMS) Ecosystem. Integrated the powerful, convenient image processing capabilities of Huawei’s Machine Learning (ML) Kit, Banggood users could instantly search for products with newly taken or saved photos and make purchases on their Android App.
Banggood enables smart shopping with new feature added through Huawei Mobile Service (HMS) Ecosystem. Integrated the powerful, convenient image processing capabilities of Huawei’s Machine Learning (ML) Kit, Banggood users could instantly search for products with newly taken or saved photos and make purchases on their Android App.

Banggood is one of the first platforms in the world to implement Huawei’s ML Kit, which is one part of Huawei Mobile Services’ new HMS Core 4.0 Ecosystem. Released at the recent Huawei Global Analysts Summit 2020, the HMS Core 4.0 Ecosystem harnesses the power of machine learning to enable brands to deliver smart omnichannel experiences for users. With its integration of the ML Kit for smart shopping, Banggood aims to improve the front-end user experience for its customers.

The new feature allows Banggood users to instantly search for products with newly taken or saved photos and make purchases. Via the Banggood app, users can take photos of a product using their phone camera, upload a photo saved on their device, or import pictures from websites and social media. The app will then run an image search through Banggood’s product library, helping users find similar or related products that are available on the platform. For example, a user who sees an outfit they like on social media can simply upload the image to the Banggood app to search for the product, browse similar items, and make their purchase all on the same platform.

“At Banggood, our users are at the heart of everything we do. Our mission is to deliver a comprehensive online shopping platform with an unparalleled service level and user experience,” said Aaron Chen, CEO of Banggood. “We have curated more than half a million products for users in our eCommerce platform. Now, we are providing them with a faster, more convenient and accurate way to find the products they are looking for. By harnessing innovative technology, we are delivering an unparalleled smart shopping experience for our customers around the world.”

As a comprehensive shopping platform, Banggood has been a leader in the cross-border e-Commerce industry for over ten years and has an expansive global user base. The Banggood app currently boasts users in over 200 countries and receives over 10 million daily visitors, and the company is always searching for new ways to improve the shopping experience for its customers around the world.

About Banggood

Founded in 2006, Banggood is a leading e-commerce company running its website www.banggood.com and pages on other platforms to offer tens of millions of registered users more than 500,000 types of products, covering from consumer electronics to clothing. Banggood is headquartered in Guangzhou, China, the city of supply chain, with a global reach in North America, Europe, Asian Pacific, South America and Middle East.

For more information, please visit: https://www.banggood.com/aboutBanggood.html

Media Contact

Zoeh Zheng
Phone: +86-134-5028-6595
Email: pr@Banggood.com

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ActLight Signs an Agreement on Single Photon Sensitivity Technology With Leading Sensors Company

LAUSANNE, Switzerland, May 27, 2020 /PRNewswire/ — ActLight, the Swiss technology firm known for its best in class signal-to-noise ratio photodiodes, announced today that it has signed a service agreement based on its Single Photon Sensitivity technology with a leading company in the sensors market.

Single Photon Sensitivity technology
Single Photon Sensitivity technology

“Even though the terms of the agreement cannot be disclosed, we are very pleased that our innovative Single Photon Sensitivity technology attracted a leading player in the sensors field,” said Maxim Gureev, Chief Technology Officer at ActLight. “The adoption of Single Photon Avalanche Diode (SPAD) array in 3D sensing chips is growing fast. The precision of 3D sensing in applications such as smartphones, cars and smart robotics will benefit from this collaboration with our customer and our talented team of engineers is already intensively working to make it happen.”

About ActLight SA

ActLight SA, the start-up company founded in 2011 and based in Switzerland, focuses on the field of CMOS photonics by developing a new type of photodetector, the Dynamic PhotoDiode (DPD). Being a fabless company, ActLight specializes in the Intellectual Property (IP) of this area and operates primarily in the IP licensing business model.

The patented CMOS-based photonics technology allows the substantial improvement of the efficiency and accuracy of various light sensing applications, such as Time Of Flight (TOF) based range meters, vital signs monitoring, 3D/2D cameras and much more. ActLight operates in the Internet of Things (IoT) market, with a focus on mobile and wearable devices, healthcare/medtech, autonomous driving, drones and robotics.

More info about ActLight available at http://www.act-light.com

Contact: 
info@act-light.com

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LG SIGNATURE Brings Alessandro Mendini’s Last Original Sketch to Life

SEOUL, South Korea, May 25, 2020 /PRNewswire/ — In celebration of National Wine Day, LG SIGNATURE is thrilled to present a special limited-edition “Alessandro M.” corkscrew, which was inspired by the ultra-premium brand’s lineup of distinctive appliances. As Alessandro Mendini’s last original hand-sketched design, the exclusive corkscrew will be provided as a gift to customers who purchase the LG SIGNATURE Wine Cellar in selected markets.

Alessandro Mendini
Alessandro Mendini

Earlier this year, LG SIGNATURE collaborated with Atelier Mendini – the design studio co-founded by the late designer – to bring Mendini’s exclusive last original sketch to life. The special edition corkscrew, of which just 1,500 have been produced, will be available for a limited time globally starting with the US market.

Drawn together by a mutual love of beautiful, functional design, LG SIGNATURE and Alessandro Mendini enjoyed a special partnership that began in 2018 when Mendini himself directed the triumphant LG SIGNATURE ARTWEEK, a series of curated exhibitions. At the time, he noted that LG SIGNATURE shares one of his core philosophies as an architect and designer, stating “The moment I saw LG SIGNATURE products, I sensed that the brand strives for harmony between function and design to the extreme.”

“It gives us great joy to present this limited-edition corkscrew which we see as a true celebration of art and technology coming together,” said Kim Jin-hong, head of LG’s Global Marketing Center. “It is also such an honor to be able bring Alessandro Mendini’s very last original sketch to life and know that it will bring so much value to LG SIGNATURE customers.”

Holding up to 65 bottles, the sleek and seamlessly designed LG SIGNATURE Wine Cellar boasts exclusive technologies that create the ideal storage environment for any variety or vintage, along with user-friendly features designed to make consumers’ lives easier. Temperature Control minimizes temperature fluctuations, ensuring the stable conditions necessary to preserve the flavor and texture of wine,[1] while Multi Temperature Control allows users to store several different types of wine – each in the exact climate-controlled conditions required. Flavor profiles are maintained with Vibration Control while wine quality, cork elasticity and label quality are preserved with Optimal Humidity Control.[2]

To learn more about LG SIGNATURE, please visit www.LGSIGNATURE.com.

1. Based on UL test results using LG’s internal testing method of measuring average peak to peak temperature fluctuation in the wine storage compartment. Applies to LGE model LSR200W. No load and high, middle, low temperature settings. The result may vary in actual usage.

2. Based on UL test results using LG’s internal testing method of measuring average humidity in the wine storage compartment. Applies to LGE model LSR200W. No load and 11°C temperature setting. The result may vary in actual usage.

About LG SIGNATURE

LG SIGNATURE is the first ultra-premium brand across multiple product categories from global innovator LG Electronics. Catering to the most discerning consumers, LG SIGNATURE is designed to provide a state-of-the-art living experience that feels pure, sophisticated and luxurious. Combining the very best of everything LG has to offer, the distinctive LG SIGNATURE products were designed with their true essence in mind – streamlined to focus on each product’s essential function while maintaining the LG SIGNATURE’s modern, signature design. www.LGSIGNATURE.com.

LG SIGNATURE Alessandro M. Corkscrew Original Hand Sketch
LG SIGNATURE Alessandro M. Corkscrew Original Hand Sketch

LG SIGNATURE Alessandro M. Limited Edition
LG SIGNATURE Alessandro M. Limited Edition

LG SIGNATURE Wine Cellar
LG SIGNATURE Wine Cellar

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FinTech Alliance SaaS Solution Marks Change in Korean Finance Market

SEOUL, South Korea, May 22, 2020 /PRNewswire/ — 12CM (One-two-cee-em), the smart stamp software platform provider and a member company of the Born2Global Centre, has recently inked a collaboration deal with Naver Business Platform (NBP). 12CM has been an active member of the Born2Global Centre since 2018.

FinTech Alliance SaaS Solution Marks Change in Korean Finance Market
FinTech Alliance SaaS Solution Marks Change in Korean Finance Market

NBP is a fully independent subsidiary company of Naver Corporation specializing in cloud IT infrastructure and services (Naver being Korea’s largest search engine as well as operating LINE, the chat service in Japan, Taiwan, and Thailand). The deal will see the Echoss Stamp developer’s Open API and Finance Microservice implemented in a FinTech SaaS solution aimed at financial institutions.

Traditionally, such financial services have required strict security measures making cloud-based service development difficult. The fact that cloud technology makes use of a wide variety of frameworks and open source code means that financial institutions have found adoption of these technologies less than ideal.

That being said, NBP is the first cloud operator in the S. Korean domestic market to receive top marks from the Financial Security Institute for infrastructure security. 12CM itself will be providing its service security level protocols, developed and tested over years of R&D and real-world applications, to this collaborative partnership.

Large financial institutions already offer a variety of remote services, such as mobile apps and over-the-phone consultation. However, moving these to the cloud will allow not only faster implementation of entirely new service channels (such as mobile web apps) but also alliance service channels enabling cooperation. The collaboration between 12CM and NBP is slotted to provide a home in the cloud to accommodate these innovative new services.

“Financial institution’s recent trend of ‘non face-to-face’ service is in a state of constant innovation and like financial institution’s websites, the demand for convenient financial service via diverse cooperation channels is always increasing. NBP and 12CM are planning to provide a secure SaaS solution that emphasizes security and flexibility in financial services to the market as soon as possible,” said Sang Young Han, director of NBP.

Jeong Gyoun Han, 12CM of CEO said, “For our initial loan service model, the whole process including security, identification, Open API integration, as well as certificate submission will be structured as a complete self-service. The SDK itself will also be provided in order for users to customize their own mobile web pages. For a smooth and successful launch, in addition to our alliance with NBP, we have also tapped UniFinTech Corp., a consulting company specialized in mobile commerce and IT.”

It is a fact that there is a global trend of more and more software companies moving onto the cloud, and while doing so adopting more SaaS or other “as a service” business models. This Fintech service alliance in the Korean domestic market marks the next step of mobile evolution in the finance IT industry, and we look forward to what it may mean for the future of Fintech.

For more detailed information on 12CM, visit https://www.12cm.co.kr/.

Media contact
Nicholas Davidson
Account Manager, 12CM
nick@12cmglobal.com

Jina Lee
PR Manager, Born2Global Centre
jlee@born2global.com 

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TUV Rheinland Announces World’s Largest Display Makers Achieve Eyesafe Display Certification

SHANGHAI, May 21, 2020 /PRNewswire/ — On May 20, 2020, the international independent third-party testing, inspection, and certification organization, TUV Rheinland Group (TUV Rheinland) and Eyesafe, the leader in new technology research & development on blue light management, announced that display manufacturers BOE, TCL CSOT, Innolux, IVO, Wistron and AUO have achieved Eyesafe Display certification, the industry’s standard for low blue light and color performance management. The Eyesafe Display standard is the world’s leading set of health-based requirements for the consumer electronics industry, developed in conjunction with over 250 leading ophthalmologists, optometrists, and engineers who have been conducting and analyzing clinical health and safety research on the impacts of exposure to high-energy blue light. TUV Rheinland also announced that display manufacturer Panda has panels that are in the process of being certified, and should be able to bring certified panels to market later this year.

TUV Rheinland Announces World's Largest Display Makers Achieve Eyesafe Display Certification
TUV Rheinland Announces World’s Largest Display Makers Achieve Eyesafe Display Certification

“Today’s announcement that the computer electronics supply chain is coalescing around a single unified standard for blue light management is an important milestone for the industry,” said Gene Munster, the Managing Partner at investment firm Loup Ventures and a prominent voice on emerging trends across the technology sector. “With average screen time now reaching unprecedented levels and showing no signs of abating, it’s more important than ever that consumer brands have an easy-to-understand standard like Eyesafe for addressing consumers’ health and safety concerns.”

Consumer and industry-wide interest in low blue light solutions and standards has dramatically increased in recent years, forcing many companies to pursue their own low blue light management hardware and software solutions, which has resulted in significant confusion in the marketplace about the differences in the various solutions and standards. By adopting industry-leading standards that display manufacturers can certify against, TUV Rheinland is bringing much-needed order and consistency to the marketplace, creating uniform standards and a more comprehensive means for the industry to talk to end-consumers about the health impacts of toxic blue light.

Today’s announcement comes just over two months after TUV Rheinland announced that it would begin certifying against the Eyesafe Display standard. The announcement comes on the heels of significant data pouring in from across the globe on rising levels of screen time by end-consumers. The average amount of hours spent in front of displays, which has been growing at alarming rates in recent years, has spiked significantly as shelter-in-place, work-from-home and eLearning mandates have proliferated around the globe. In the US, a recent Nielsen study indicates that average screen time is now exceeding 13 hours a day.

“Ever since announcing in early March that we would begin certifying displays against the Eyesafe Display Standard, demand from across the panel manufacturing sector has been outstanding,” said Kalyan Varma, Vice President of TUV Rheinland, Business Field Electrical, Global, at the launch. “There was clearly pent-up demand for industry-wide standards for low blue light and color performance management. Today’s announcement, which brings together many of the leading panel suppliers in the world, shows that the industry is serious about the health and safety of the end-consumers. TUV Rheinland is excited to be playing a leading role in consolidating industry support around a single, best-in-class standard.”

“In the current information age with high-speed development, display panels are widely used as an interface for human-computer interaction,” said Wu Yanbing, Vice General Manager of MNT SBU at BOE. “As consumers use monitors for longer periods and at a younger age, their demands for eye health protection are becoming stronger. BOE has always been people-oriented, and is committed to bringing users a better experience. We have a total of seven products that passed testing this time, and more products will be launched in the future. BOE will work with TUV Rheinland and Eyesafe to provide users with healthy, high-quality products.”

“TCL CSOT will adhere to the strategy of becoming a global leading intelligent technology company,” said Li Dongsheng, founder and Chairman of TCL. “Announcing that our devices and panels will now meet the best-in-class Eyesafe Display certification sends an important message to our supply chain partners. This is a very momentous day for our company, and it marks a major achievement by our engineering and product teams.”

“Innolux has been committed to the development of low-blue display products since 2015,” said James Yang, General Manager of Innolux. “The Eyesafe Display standard not only sets a new milestone for consumer electronics products, but also makes outstanding contributions to all consumers and our descendants. We will continue to cooperate with TUV Rheinland and Eyesafe, expanding the application of a full range of products, and contribute to the future development of the display industry.”

“We are very pleased to be able to partner with TUV Rheinland and Eyesafe in this endeavor,” said Tao Yuan, Chairman and President of IVO. “Our partners in the consumer electronics business have made it clear that low blue light protection is going to be an ongoing requirement in all new products, and we are now ready to provide them with Eyesafe Display certified components. Today’s announcement marks a significant pillar in our long-term strategic growth plan throughout the display sector.”

 “Wistron is honored to announce that our panels have achieved the best-in-class Eyesafe Display certification, which represents a huge leap forward in product development,” said Jeff Lin, CEO of Wistron Technologies, Wistron Corporation. “Today’s news also conveys our commitment to consumers’ health and safety. Gaining the Eyesafe seal of approval marks a milestone for our engineering and product teams.”

The panel makers that have their products certified by TUV Rheinland to meet the Eyesafe Display requirements, BOE, TCL CSOT, Innolux, IVO, Wistron and AUO, in addition to Panda which is in the process of meeting the TUV Rheinland Eyesafe Display certification and plan on bringing Eyesafe Display certified panels to market later in 2020, collectively account for over 60% of the world’s display manufacturing for desktop monitors, all-in-one PCs, and laptops.

The Eyesafe Display Standard is an industry-leading set of requirements available for all manufacturers across the display industry. Products that have passed the Eyesafe Display Standard requirements will receive a Certificate (Certificate of Conformance) issued by TUV Rheinland, including the test report. Consumers can obtain information on certified products on the TUV Rheinland certificate database Certipedia, which helps facilitate consumers’ understanding of a product and enhance confidence in the purchase. With TUV Rheinland Certificate, all manufacturers can apply for using the Eyesafe Display label authorized by Eyesafe®.

“The Eyesafe mark represents a commitment to health and safety by the largest device manufacturers in the world, and we are proud to support their efforts in collaboration with leaders in healthcare,” remarked Justin Barrett, CEO of Eyesafe, the healthcare research, technology and advocacy firm responsible for developing the standard. “Today’s announcement not only brings tremendous amount of clarity to the marketplace, but also ensures that the global standards for managing toxic blue light emissions and color performance are driven by healthcare, clinical research and scientific study.”

The repercussions of today’s announcement extend far beyond the largely Asia-based consumer-electronics supply chain; with Eyesafe emerging as the global marquee standard for low blue light emissions, government and policy leaders, regulators, insurance executives and the research community sees far ranging implications.

“The Eyesafe Display Standard was designed in consideration of the leading published research relating to the most toxic portions of the blue light spectrum and the human eye,” said Dr. David Friess, an internationally-recognized optometrist and member of the Eyesafe Vision Health Advisory Board, the entity responsible for advising the Eyesafe engineering team on the health components of the standard. “It is gratifying to see the display technology industry rapidly move towards adopting this new standard to bring improved display solutions to market based on clinical health research which ultimately benefit consumers.”

About the Eyesafe Display Standard 

Supported by the Eyesafe Vision Health Advisory Board, the Eyesafe Display requirements are based on the growing body of research that suggests potential health impacts of blue light exposure and the consumer electronics industry’s requirements for accurate color performance. The Eyesafe Display Standard has been developed to provide transparency to consumers and is further built upon existing standards and guidelines developed by the American National Standards Institute (ANSI), the International Commission on Non-Ionizing Radiation Protection (ICNIRP), Eyesafe and TUV Rheinland.

Recent studies have shown growing concerns over potential long-term eye health impacts from digital screen usage and cumulative blue light exposure, in addition to recognized impacts of device use on circadian rhythms and sleep patterns. Blue light exposure research and studies on animals’ cells have shown that blue light in a range of 415 to 455 nm generated the greatest phototoxic risk to retinal pigment epithelium cells, with photoreceptor cell apoptosis seen early after the retina is damaged by blue light*.

*See www.eyesafe.com/research

About TUV Rheinland 

TUV Rheinland is a global leader in independent inspection services, founded nearly 150 years ago. The group maintains a worldwide presence of more than 20,000 people; annual turnover is EUR 2 billion. The independent experts stand for quality and safety for people, technology and the environment in nearly all aspects of life. TUV Rheinland inspects technical equipment, products and services, oversees projects, and helps to shape processes and information security for companies. Its experts train people in a wide range of careers and industries. To this end, TUV Rheinland employs a global network of approved labs, testing and education centers. Since 2006, TUV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.TUV.com

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VeChain and I-Dante Co-developed E-HCert, A Blockchain-based COVID-19 Records App For the Citizens of Cyprus

SHANGHAI, May 20, 2020 /PRNewswire/ — With the pandemic putting healthcare systems under strain worldwide, Electronic Health Record (EHR) systems are also shifting requirements for data security and sharing. As the leading public blockchain platform, VeChain furthers the collaboration with I-Dante to co-develop E-HCert App, which provides an archival solution for COVID-19 RT-PCR (real time-polymerase chain reaction) and antibodies tests (Rapid Test) records.

The success between VeChain and I-Dante previously on blockchain-enabled medical solution has led to the idea for the E-HCert App, which is now adopted by the Mediterranean Hospital of Cyprus. The new EHR system provides a secured method of on-chaining the COVID-19 related tests, giving the result of the health status of the individual, and allowing all concerning parties to access said health information at the discretion of the individual. With this set up, the individual can go about life as usual.

Compatible EHRs Should Compare Notes On The Pandemic

In the case of COVID-19, the testing results of citizens can be vital for public welfare and personal rights. Authorities worldwide are calling healthcare institutions to provide secure and legit access to health status information. Citizens themselves would also need trustworthy and reliable proof for their own health condition and full control over their privacy. However, current EHR systems are revealing serious deficiencies in terms of its interoperability, immutability, compliance, and the cost.

There is, therefore, an urgent need for the collection of trustworthy and standardized encrypted medical records that can be safely shared between multi parties.  This is where blockchain technology comes in and becomes the de facto choice for such an implementation.

The Most Feasible Choice For EHR reform: The Public Blockchain

This public blockchain-based E-HCert App provides an archival solution for COVID-19 RT-PCR (real time-polymerase chain reaction) and antibodies tests (Rapid Test) records, which will be utilized to enhance the hospital’s COVID-19 management and response at the end of May 2020.

When a Cyprus citizen goes to the hospital and undergoes RT-PCR and antibodies tests, the testing records will be uploaded onto the VeChainThor Blockchain, and the immutably recorded results are then shown in the E-HCert Native App.  As E-HCert fully complies with the GDPR, the App enables the owner to have complete control over their profiles, and use it to prove his or her health status when trying to return to work, take a flight abroad, and get authorized for other activities. 

Enabling The Next Wave Of Digital Health Reform

COVID-19 has prompted an expansion of industrial power in healthcare. A recent report found that 33 of the 50 US-based hospitals examined were working with Amazon, Google, or Microsoft. The Wall Street Journal said the internet giants are also wrestling for control in health-care  markets.

Compared with traditional technologies, blockchain provides better opportunities for companies to review their healthcare data systems, optimize the workflow design, while simultaneously enabling every patient to safely hold their records and share it immediately with any party in the world.

As the world’s leading public blockchain platform, VeChain intends to use its experience in the blockchain industry to empower more partners in the healthcare sector. By doing so, VeChain will play a central role in the acceleration of the digitalization of the healthcare industry.

About Mediterranean Hospital of Cyprus

The Mediterranean Hospital of Cyprus is a modern private health care institution, one of the largest in Cyprus, with a mission to provide to all the citizens and the visitors of the country safe and high-quality medical services 24/7. The founder of the Mediterranean Hospital of Cyprus, Dr. Andreas Panayiotou has set as a goal the development and the establishment of a reliable infirmary, with flexible operational mechanisms, in order to gain the trust and recognition for the quality of its services from everybody. Mediterranean Hospital of Cyprus is the first private hospital that joined Cyprus’ General HealthCare System (GHS).

Website: www.medihospital.com.cy/en/

About I-DANTE LTD

Founded in December of 2019 by Etna Digital Growth (a consultancy- software house company in Italy) and CircleServus LTD (a consultancy company in Cyprus) in order to build digital healthcare solutions leveraging the power of the VeChainThor Blockchain.

Website: www.i-dante.com/

About VeChain

Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYDr, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI etc. Learn more about VeChain, please join the VeChain BootCamp.

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KT announces collaboration on ICT-based Epidemic Preparedness

SEOUL, South Korea, May 17, 2020 /PRNewswire/ — KT Corporation (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, announced a three-year research study today funded by the Bill & Melinda Gates Foundation for ICT-based global epidemic response using artificial intelligence (AI) and Big Data.

Study of AI/Bigdata-based Epidemic Preparedness by KT and the Bill & Melinda Gates Foundation infographic
Study of AI/Bigdata-based Epidemic Preparedness by KT and the Bill & Melinda Gates Foundation infographic

The 10-million-dollar project stems from the recognition of South Korea’s advanced information and communication technology (ICT) as well as its proven ability to cope with the ongoing coronavirus pandemic.

The three-year research collaboration builds off discussions between the Gates Foundation and KT in 2019 and the research will be conducted in South Korea, which possesses a high mobile phone penetration rate and 5G infrastructure.

“With this contribution from the Gates Foundation, KT hopes to enhance our opportunity to lead the global effort toward outbreak prevention and response by taking advantage of AI and Big Data,” said Jeon Hongbeom, KT’s head of AI/DX Business Unit. “We also expect to contribute further to the Republic of Korea’s capabilities for epidemic response and preparedness, which has already been globally recognized.”

With Gates Foundation grant funding, KT will develop Big Data algorithms to improve early-diagnosis based on AI during an epidemic and prediction of viral infections spread using mobile data. Research expenses will be divided equally between the two organizations.

“The use of mobile technology and sensors paired with smart data analysis can help address some of the challenges countries face in timely and effective response to disease outbreaks,” said Andrew Trister, deputy director of digital health innovation at the Bill & Melinda Gates Foundation. “Knowing where a disease is moving and being able to predict spread can help save time and save lives. We’re pleased to be providing co-funding alongside Korea Telecom for this consortium of research partners. These will be valuable learnings for South Korea, and applicable to other geographies.”

The collaboration between KT and the Gates Foundation on improving global health has its origins at the data innovation working group by the World Economic Forum in 2018. Since then, the organizations have discussed collaboration on innovative epidemic response using ICT. In April 2019, KT introduced its Global Epidemic Prevention Platform (GEPP), which is to prevent the spread of infectious diseases using mobile data, at the ICT forum hosted by Research Investment for Global Health Technology Fund (RIGHT Fund), South Korea’s first funding agency dedicated to the Global Health R&D through the partnership between the Korean Government, Life Science companies, and the Gates Foundation, and the RIGHT Fund facilitated the discussions between the parties resulted in this three year partnership.

The project calls for KT to first develop a mobile app to automatically input symptoms typically associated with viral infections. An Internet of Things (IoT) body temperature sensor will be among the tools. Symptoms and body temperature will be analyzed with AI to create an algorithm that will calculate the probability of infection.

KT will also use mobile data to examine human mobility patterns and regions with epidemics to determine the direction of the infection spread. At the same time, it will analyze virus trends by region and develop forecasting models to predict seasonal outbreak for each region.

KT expects the research will contribute to global management of epidemics and pandemics. Technically, it will sound an alarm when an infectious disease appears to help prevent massive outbreaks and improve chances of treatment and survival through self-testing.

On one hand, KT forms a consortium with its domestic partners. Korea University Hospital will be tasked with analyzing pathogen genome sequencing; Korea Institute of Science and Technology Information with forecasting models of viral inflow and proliferation; Mobile Doctor with conducting app-based diagnostic data analysis; and MediBloc with developing a blockchain-based platform for sharing user data.

South Korea’s advanced ICT infrastructure has made decisive contributions to the tract-tracing of virus infection as well as social distancing through work from home, remote education and teleconferencing. Those who are infected are isolated at home and monitored through a smartphone app for “self-quarantine safety protection.”

In the wake of the 2015 outbreak of MERS (Middle East Respiratory Syndrome), KT developed its GEPP service in collaboration with the Korea Centers for Disease Control and Prevention and the Ministry of Science and ICT. The multifunction platform warns of epidemic outbreaks and offers relevant information to travelers while tracing their movement to help stop disease transmission.

The global health area, where KT is partnering, aims for better public health in developing countries through development and application of innovative solutions.

MEDIA CONTACTS

For inquiries, please contact our Global Media Relations Team at kt.gmrt@gmail.com

ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

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Source: KT Corp.

4DReplay to provide 4DLive to Softbank’s 5G Service

SEOUL, South Korea, May 14, 2020 /PRNewswire/ — 4DReplay, a member company of the Born2Global Centre, will be providing its 4DLive solution for Japanese multinational company Softbank’s 5G mobile communications service. 4DReplay has been an active member of the Born2Global Centre since 2017.

4DReplay CI
4DReplay CI

4DLive is a media technology that enables immersive viewing of sports events on a mobile device. In early March this year, Softbank announced the details of its 5G services, highlighting one that utilizes 4DLive. Softbank has converged 5G with baseball games and other sports events. 5G supports high speed transmission of large-scale data, and will be utilized to relay a new type of sports videos in real time, including time-slicing at any angle.

4DReplay specializes in solutions creating 4-dimensional realistic videos. It is a technology that creates videos that leap beyond the boundaries of time and space using multiple 4K cameras. The essence is a function that allows viewers to watch a video at any given point in time. When applied to sports, movies, and television, it offers exhilarating scenes in real time. Unlike previous filming methods that are more focused on space, this technology showcases the movement of a subject from a 360° angle at any given moment.

Since first entering the US market in 2016, 4DReplay’s technology has become recognized globally. Its realistic media technology has been used in the broadcast of major sports events, including those involving the NBA, NHL, MLB and PGA Championships, and UFC matches. The 4DReplay solution was utilized in the MLB World Series in 2019 and garnered great interest among baseball fans around the world. It is also being utilized for Korea’s professional baseball league, which opened this year on May 5, and videos are being aired of all games taking place in Jamsil Stadium using 4DReplay technology.

In step with the increasing trend in “untact” (no-contact) media relay, 4DReplay plans to expand its reach globally, and is currently pursuing contracts with global telecommunications companies in North America and China.

Hongsu Jung, CEO of 4DReplay, said, “With the spread of an untact’ culture, i.e., the social distancing that is prevalent due to the proliferation of COVD-19, we are seeing a rapid increase in inquiries not only from global media outlets and telecommunications companies wishing to relay videos using 4DReplay’s time-slicing realistic media technology but also countries that have launched or are planning to launch 5G services.”

For more detailed information on 4DReplay, visit https://www.4dreplay.com/.

Media Contact

4DReplay: sylee@4dreplay.com 
Born2Global Centre: jlee@born2global.com

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iQIYI Launches Virtual Tour of Mt. Everest via QIYU All-in-one VR Headset

BEIJING, May 14, 2020 /PRNewswire/ — iQIYI Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, today announced that it has launched a virtual tour (the “Tour”) of  Mt. Everest via its QIYU all-in-one VR headset in partnership with Xinhua News Agency, one of the most influential media organizations in China.

iQIYI Launches Virtual Tour of Mt. Everest via QIYU All-in-one VR Headset
iQIYI Launches Virtual Tour of Mt. Everest via QIYU All-in-one VR Headset

iQIYI, as the official VR partner of Xinhua News Agency in its live coverage of the 2020 Mt. Everest Elevation Survey, will live stream the event in 4K high definition through VR using 5G technology on the QIYU all-in-one VR headset. This year marks the 60th anniversary of the first successful summit of the world’s tallest mountain from the north face and the 45th anniversary of China’s first survey of Mt. Everest’s elevation and publication of its new height reading. In terms of elevation, the Tour represents China’s highest VR livestream to date.

Through its partnership with Xinhua News Agency, iQIYI has leveraged its innovative technology to live stream the 2020 Mt. Everest Elevation Survey in 5G+VR+4K format, enabling iQIYI users to witness this significant event in human history through the iQIYI App and QIYU all-in-one VR headset. The QIYU all-in-one VR headset supports 4K resolution and 360-degree free conversion of viewing angles, giving users a more immersive VR viewing experience.

iQIYI also ensures the smoothness and quality of livestreams through its leading EPASS360 panoramic video streaming media system based on AI technology, which optimizes the bit rate according to different user experience settings and better allocates the bit rate based on the accurate monitoring and analysis of the streaming process. On March 2020, iQIYI together with Peking University and Microsoft Research, jointly published a paper titled EPASS360: QoE-aware 360-degree Video Streaming over Mobile Devices. The paper was accepted by IEEE Transactions on Mobile Computing (TMC), a top international journal in the field of Mobile Computing. 

Since 2017, iQIYI has been developing its VR and AR capabilities in the areas of hardware, technology, and content. Chongqing iQIYI Intelligence Technology Co., Ltd. (“iQIYI Intelligence”), which is incubated and operated by iQIYI, has released QIYU all-in-one VR headsets, and completed a RMB100 million Series A financing in November 2019. iQIYI Intelligence has also developed iQIYI Ultimate Theater (iQUT) and VR 8K panoramic live streaming solutions. According to the latest available data from the Chinese spring festival period in 2020, the average daily viewing time of iQIYI QIYU VR users increased by more than 50% compared with the same period last year. 

iQIYI has also explored various opportunities to commercialize its VR capabilities and expand the ecosystem. For example, the Company has worked with hotels on the placement of iQIYI VR products in hotel rooms, while also having been featured in events including Beijing International Film Festival and Cannes Film Festival and curating the LANVIN VR runway show.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce.

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Source: iQIYI, Inc.

Chainalysis Joins Smart Contract Security Alliance

SAN FRANCISCO, May 11, 2020 /PRNewswire/ — Chainalysis, the blockchain analysis company, today announced its partnership with the Smart Contract Security Alliance (SCSA), an established collaboration of industry leaders that recommend security standards and guidelines for the blockchain. Chainalysis, which provides investigation and compliance technology to cryptocurrency businesses, financial institutions, and government agencies, will provide data-driven thought leadership with the alliance for businesses to better understand the risks and opportunities related to cryptocurrency crimes and markets.

Chainalysis, the blockchain analysis company, today announced its partnership with the Smart Contract Security Alliance (SCSA), an established collaboration of industry leaders that recommend security standards and guidelines for the blockchain.
Chainalysis, the blockchain analysis company, today announced its partnership with the Smart Contract Security Alliance (SCSA), an established collaboration of industry leaders that recommend security standards and guidelines for the blockchain.

“We are trying to build the standards,” said Richard Ma, CEO of Quantstamp, leaders in blockchain security who initiated the SCSA. “Over time, more companies will join the SCSA and provide part of their codes and policies; insights on cryptocurrency crime from the leading blockchain analysis company is a welcome addition to SCSA’s deep blockchain security expertise.”

“Chainalysis exists to build trust in blockchains, and one of our strategies to do that is to demonstrate their transparency by offering insights into cryptocurrency activity,” said Jason Bonds, Chief Revenue Officer, Chainalysis. “We are excited to join the SCSA to further generate awareness of cryptocurrency’s use and misuse.”

Chainalysis KYT, its compliance tool, enables cryptocurrency businesses and financial institutions to monitor large volumes of cryptocurrency activity and identify high risk transactions. Chainalysis Reactor, its investigation tool, assists law enforcement agencies in further investigating criminal activity such as fraud, extortion, and money laundering on the blockchain. Chainalysis Kryptos helps financial institutions vet new opportunities and navigate risks in cryptocurrency based on Know Your Customer (KYC) details and the industry’s most trusted blockchain data.

Chainalysis research includes its 2020 Crypto Crime report, which was featured in the Wall Street Journal, The New York Times, Forbes, Fortune, and Bloomberg.

Smart Contract Security Alliance member organizations collaborate for the release of each article. Chainalysis will help grow this library body of articles for long term industry guidance and standards. They are joining Fujitsu R&D Center, NRI Secure, MythX, Blockgeeks, Layer X, the National University of Singapore Crystal Centre School of Computing, and Quantstamp.

More at SmartContractSecurityAlliance.com

About Chainalysis
Chainalysis is the blockchain analysis company providing data and analysis to government agencies, exchanges, and financial institutions across 40 countries. Our investigation and compliance tools, education, and support create transparency across blockchains so our customers can engage confidently with cryptocurrency. Backed by Accel, Benchmark, and other leading names in venture capital, Chainalysis builds trust in blockchains. For more information, visit www.chainalysis.com.

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