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RHT Rajan Menon Foundation presents Gentle Bones Charity Concert on 22 July 2022

SINGAPORE, May 29, 2022 - (ACN Newswire) - Local singer-songwriter Gentle Bones will return to the stage for a good cause in collaboration with RHT Rajan Menon Foundation...

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Insights from Davos. Web3 Consolidation Underway. Meta Alliance Launch. Web3 Reserve System.

May 19, 2022 London UK. A consensus is emerging from multiple Davos insiders that the next wave of consolidation is about to hit the...

Janco 2021 Audited Annual Results: Profit Attributable to Shareholders Surges by 54.5% to HK$17.3 million

HONG KONG, Apr 25, 2022 - (ACN Newswire) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a one-stop freight forwarding and...

Beomni™ at Explorers Club Makes History! Beyond Imagination’s New Humanoid Robot Will Connect People Coast to Coast Physically.

Beomni is the world’s most sophisticated general-purpose humanoid robot, capable of performing an almost unlimited number of tasks. The robot is on display at...

Beyond Imagination’s New Humanoid Robot Will Connect People Coast to Coast Physically

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NEW YORK, Apr 22, 2022 - (ACN Newswire) - Beyond Imagination, Inc. is building humanoid robots to solve the world's labor crisis by expanding access to jobs around the globe.

This week, the Beomni robot will appear at Explorers Club Headquarters and at the annual dinner on Saturday April 23rd in New York City. At the same time, across the country in Beverly Hills, CA, attendees at the Abundance360 Annual Summit will be able to remotely pilot the robot from 2,800 miles away.

Beomni is the world's most sophisticated general-purpose humanoid robot, capable of performing an almost unlimited number of tasks. Beomni's AI Brain learns from its human pilots and becomes increasingly autonomous over time.

Beomni will help solve the labor crisis by creating a global elastic labor force, lifting millions of people out of poverty by giving them access to jobs around the world. For example, the International Labour Organization (ILO) reports that "More than 2.3 million workers die every year as a result of occupational accidents or work-related diseases." With Beomni, dangerous work will become completely safe because the robot will be the one taking the risks.

Elder Care is a $932B market today. We will help solve the elder crisis by enabling families to care for their own regardless of the distance between them and by multiplying the effectiveness of existing health care workers.

CEO and Founder Dr. Harry Kloor says, "We are thrilled to have been invited to demonstrate the advances we've made in Beomni's development at the Explorers Club. Beomni will be a great vehicle for explorers on earth and beyond! We share the spirit of exploration and discovery that is the hallmark of the Explorers Club."

Astronaut and Explorers Club President Richard Garriott adds, "For the last decade, I have been a power USER of early telepresence robotics devices, so I deeply appreciate the advancements in Beomni. We welcome the opportunity to showcase Dr. Kloor's creation alongside other world-changing technologies at our event. Smart technologies like Beomni will play an important part in helping solve the challenges the world is facing. On Earth, in space and on planets beyond Earth, robots like Beomni will play an essential role!"

The robot will be on display all week at the Explorers Club headquarters so members can have an opportunity to pilot it. On Saturday, Beomni will move to The Glass House, where the annual dinner is being held. Beomni will be serving drinks and hors d'oeuvres at the reception, and at the afterparty guests will also have the opportunity to pilot the robot.

Meanwhile, across the country in Beverly Hills, a second Beyond Imagination team will be set up at the Abundance360 Annual Summit. From there, Beomni will be operated from coast to coast. Members in attendance at the A360 Summit will be able to perform tasks, pick up and examine objects and even shake someone's hand across the country.

Abundance360 Founder, Peter Diamandis remarked, "Beyond Imagination dramatically changes the paradigm of how companies will provide services in the future, how and where you will receive healthcare, where you work and play."

About Beyond Imagination, Inc.

Beyond Imagination is a robotics and AI platform company that is focused on bringing humanoid robots to market rapidly. By partnering a human pilot with an evolving AI Brain, we will soon be able to deploy our Beomni Robotics platform across a wide range of commercial applications. Our practical, real-world approach is closer to that of Tesla, which released its vehicles and then built AI from the data that they collected, rather than that of other companies that are focused on narrow R&D domains.

Founded by leading innovators in AI and robotics, and strengthened by a solid patent portfolio, Beyond Imagination, Inc. is poised to revolutionize life and fundamentally change the way we work, travel and engage with others around the world.

Beyond Imagination is actively seeking business partners and investors for its Series A round. Details will be provided to qualified investors upon request. In-person demos are available by appointment for media and investors. Beyond Imagination is also seeking additional partners for pilot studies in medicine and beyond.

About The Explorers Club

Since its inception in 1904, members of the Club have traversed the earth, the seas, the skies, and even the moon, on expeditions. First to the North Pole, first to the South Pole, first to the summit of Mount Everest, first to the deepest point in the ocean and first to the surface of the moon - all accomplished by Explorers Club Members. Notable members include Teddy Roosevelt, Neil Armstrong, Jane Goodall, Edmund Hillary, John Glenn, Sally Ride, Bob Ballard, and more. https://www.explorers.org/

For more information visit: https://www.beomni.ai/

Source: Plato Data Intelligence

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBeyond Imagination, Inc. is building humanoid robots to solve the world's labor crisis by expanding access to jobs around the globe.

Blockpass Partners with EMURGO to Provide On-Chain KYC to Cardano Blockchain Ecosystem

HONG KONG, Apr 21, 2022 - (ACN Newswire) - Blockpass, a leading digital identity verification provider, today announced a strategic partnership with EMURGO, a...

Kitchen Culture’s business transformation at risk – funds raised not accounted for

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SINGAPORE, Apr 21, 2022 - (ACN Newswire) - As the single largest shareholder of Kitchen Culture Holdings Ltd. ("Kitchen Culture") with a 21.19% stake, OOWAY Group Ltd. ("OOWAY Group" or the "Group") shares the frustration of many shareholders who raised concerns over matters of internal controls and governance ahead of Kitchen Culture's recent Annual General Meeting held on 18 March 2022.

We are deeply disappointed by the findings of Baker Tilly Consulting (Singapore) Pte. Ltd.'s ("BTC") latest report which confirm our worst fears regarding the shocking matters of concern which were first revealed in June 2021 after Kitchen Culture's Audit Committee engaged BTC to review its internal controls.

In August 2020, Kitchen Culture entered into a sale and purchase agreement and a shareholder's agreement with OOWAY Group to acquire a 30% equity stake in OOWAY Technology Pte. Ltd. ("OOWAY Technology") at a purchase consideration of S$23.92 million (the "Purchase Consideration") to be satisfied by way of the allotment and issue of 90,000,000 new ordinary shares in the capital of Kitchen Culture at an issue price of S$0.2658 per ordinary share ("Acquisition").

Mr Liu Yanlong, representative for OOWAY Group, said, "We welcomed Kitchen Culture as a strategic investor in OOWAY Technology given the mutual benefits of the acquisition, which was in line with Kitchen Culture's diversification strategy and OOWAY Group's expansion in the ASEAN region. OOWAY Group provided an opportunity for Kitchen Culture to leverage our network and capabilities, as well as to participate in the significant growth potential of Big Data analytics and Artificial Intelligence."

Kitchen Culture's diversification strategy was crucial as it had long suffered from recurring losses and negative operating cash flow from its core business as a kitchen solutions provider for 8 years and was in a dire state at the time of the acquisition.

The combination of the newly raised funds and OOWAY Technology's gilt-edge technical capabilities would have provided new engines for growth and hastened the return to profitability for Kitchen Culture.

Prospective investors present at OOWAY Group-led investment roadshows, eventually took up equity in Kitchen Culture, with the expectation of the game-changing business diversification through the acquisition of OOWAY Technology. Unfortunately, the raised capital has not materialised into any effort in business transformation.

Instead, we are deeply disappointed with the findings of the BTC report, which revealed that the gaps in Kitchen Culture's financial operating procedures led to[2]:

- Risk of misuse of Kitchen Culture's funds
- Risk of unauthorised use of proceeds obtained from the S$19.23 million of funds raised
- Risk of diversion of raised funds to purposes outside business diversification purposes
- Risk of questionable debt repayments to third parties
- Lack of independence and checks and balances in approving and processing payments
- Lack of accountability and traceability over entertainment expenses
- Lack of documentation for personnel hiring and pay increments
- Inappropriate operating structure involving multiple family members as management staff

These risks which were unknown to us prior to the acquisition have had a major impact on our growth plans as ongoing audits, investigations and lawsuits require significant time and resources, a challenging situation further compounded by the historical losses. Furthermore, Kitchen Culture has suffered reputational damage as a result of these issues.

Kitchen Culture's last traded price of S$0.08 per share marks an unrealised loss of close to 70% or S$16.72 million for the OOWAY Group following the completion of the acquisition. On the other hand, OOWAY Technology's value has remained stable during this period, which is also Kitchen Culture's key asset. As OOWAY Technology continues its development and making encouraging progress to grow its business, the long-term value of Kitchen Culture's stake in OOWAY Technology remains fundamentally intact.

Mr Liu added, "As a shareholder of Kitchen Culture, we have sustained significant losses, but we remain committed to growing our business together with Kitchen Culture and intend to provide the funding support needed in the near term to allay going concern issues."

The latest BTC report has identified S$7.22 million as "unmatched". This is a staggering sum and OOWAY Group hopes that the Management of Kitchen Culture investigates further to get to the bottom of this issue, so that any and all discrepancies will be ultimately accounted for to shareholders.

The Commercial Affairs Department (CAD) has recently requested for copies of the BTC reports for further review and investigation. We call on the new Board of Kitchen Culture to continue its relentless efforts to strengthen internal controls and implement BTC's recommendations without delay and to cooperate with the CAD to leave no stone unturned in fully resolving all outstanding issues, so we can lead the company in business transformation again.

Our confidence in Kitchen Culture's new Board to safeguard the interests of shareholders remains strong, but it must work hard to rebuild long-term value for Kitchen Culture and its shareholders.

BTC's Schedule of Matched and Unmatched Expense Items[3]
https://www.acnnewswire.com/docs/Multimedia/Low_OOWAY20220421.jpg

General Announcement:: UPDATE ON REVIEW BY BAKER TILLY CONSULTANCY (SINGAPORE) PTE. LTD. https://bit.ly/386bU8i
General Announcement:: ASSISTANCE IN THE REVIEW BY THE COMMERCIAL AFFAIRS DEPARTMENT https://bit.ly/3jWNY9U

[1] "Unmatched" refers to situations with any of the following criteria:
- Expenses cannot be traced to the bank statements
- Details of expenses cannot be traced to the underlying supporting documents
- Description of the expenses on the supporting document is not in line with the categories of utilisation as stated in Kitchen Culture's schedules
[2] These risks and gaps reflect the summary of findings listed in Kitchen Culture's response to SGX queries on 12 July 2021
[3] Rounded up to two decimal points

About OOWAY Technology Pte. Ltd.

OOWAY Technology is a big data AI technology company which uses innovative applications to creatively design intelligent digital products and models used in multiple fields. It does so by forming a closed loop of the entire process which includes data collection, model analysis, and intelligent applications.

OOWAY's development of an advanced technology platform - DIGIT (Digital Innovation of Global Integrated Trade) propels it to leading the way in a new era of B2B trading 4.0. By integrating the vitality of global trading businesses with emerging digital technologies, OOWAY's credit 3.0 technology is combined to construct a smart platform that ensures the authenticity and credibility of global trade whilst reducing costs, increasing efficiency and facilitating trade in a more reliable fashion. OOWAY brings to users the 5S operating framework, pushing out a new form of Ultimate Trade (UT). This has enabled global trade to evolve towards a new stage of standardization and intelligence.

Issued by OOWAY Group Ltd.

Media Contact:
Email: service@ooway.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAs the single largest shareholder of Kitchen Culture Holdings Ltd. ("Kitchen Culture") with a 21.19% stake, OOWAY Group Ltd. ("OOWAY Group" or the "Group") shares the frustration of many shareholders who raised concerns over matters of internal controls and governance ahead of Kitchen Culture's recent Annual General Meeting held on 18 March 2022.
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Analytical Platform RaysX Will Launch the RAX Token

Dubai, UAE, Apr 19, 2022 - (ACN Newswire) - RaysX, an analytical platform that helps traders and investors to holistically analyze the cryptocurrency market and decentralized finance, will launch its own RAX token.

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Early investors may have the opportunity to participate in the private sale of $RAX tokens before listing on crypto exchanges. According to the founders of the project, they only consider the RAX listing on the major crypto exchanges, including Binance. To purchase a token at a favorable price, investors and users need to fill out a whitelist.

"RAX is a native utility token of RaysX that helps developers monetize and stimulate the evolution into DeFi 2.0. It is a medium of exchange between developers and DeFi investors using Web3 applications. Third-party developers can build and deploy apps while users can use these apps by paying with RAX," said RaysX founder George Gus.

RAX token can be used in multiple cases, one of which is app deployment. This means that external app developers access ready-made modules to build and deploy their applications using RAX token. In addition, users pay external app developers for the rights to access these apps using RAX tokens. They also get access to exclusive analytics and forecasts created by analysts and seasoned traders. At the same time, DeFi investors pay transaction fees required by trading apps on RaysX platform.

About RaysX

RaysX is designed to bring together the best minds of the crypto industry to accelerate the transition to DeFi 2.0 by overcoming and breaking down the constraints that are preventing the crypto market from becoming a full-fledged alternative to traditional finance today. List of RaysX key products includes:

  • RAX Token. A native utility token of RaysX that helps developers monetize and stimulate the evolution into DeFi 2.0.
  • The environment of the external Open Source Apps for DEXs and DeFi with monetization through RAX Token.
  • The ML Prediction algorithm for deep data analytics and ranking with an open API for developers.
  • Analytics Dashboard, DEX Terminal, and marketplace for external apps.
  • RAX CryptoRank. A ranking algorithm to build a fairer rank.
  • External Apps. A marketplace for external applications that allows any developer to deploy his application to the platform and make it available to a wide range of investors and users.

Social Links
Medium: https://medium.com/@raysx
Twitter: https://twitter.com/Ray__sX
Telegram: https://t.me/Ray_sX

Media Contact
Brand: RaysX
Contact: Media team
E-mail: gg@ray.sx
Website: https://ray.sx/

SOURCE: RaysX



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Moonstake Integrates Support for Polygon Blockchain

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SINGAPORE, Apr 15, 2022 - (ACN Newswire) - Moonstake announced today it will implement support for the popular Polygon Network. With this update, Moonstake Wallet users can now send, receive, and own MATIC coin as well as MATIC tokens on both the web and mobile versions. This update also enables support for sending, receiving, and holding ORBS on Polygon. Furthermore, Moonstake is considering supporting the staking of ORBS on Polygon Network, since the staking platform currently already supports ORBS staking on Ethereum. This will enable users to earn via multi-chain staking of ORBS on both blockchains through a single safe and user-friendly staking platform.

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Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2,000 cryptocurrencies. Currently, Moonstake supports 16 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, Shiden, FIO, and EVER, as well as ERC-721 and Cardano NFTs. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion and by June 2021, Moonstake was the third best staking provider in the world out of 15,000 staking providers worldwide. In March 2021, the company entered DeFi with Muse.Finance, a DeFi platform, and will continue to expand into the DeFi business.

Meanwhile, Polygon is a decentralized Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains) akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum's security, vibrant ecosystem and openness. The ecosystem's token, MATIC, provides robust security as well as enables governance. Polygon is one of the market's biggest blockchains for Web3 builders, boasting over 7,000 DApps in its developer ecosystem which features numerous big names - from DeFi projects such as lending platform Aave to luxury brands company Dolce & Gabbana and NFT marketplaces including OpenSea and Mark Cuban's Lazy.com.

As a world-leading staking provider, Moonstake is looking forward to offer new, excellent user experiences and exciting opportunities to the Polygon ecosystem users through this integration.

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon's scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.

If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon's fast and secure txns for your dApp, get started here. https://polygon.technology/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake announced today it will implement support for the popular Polygon Network. With this update, Moonstake Wallet users can now send, receive, and own MATIC coin as well as MATIC tokens on both the web and mobile versions.

Top Data and Analytics Players from ASEAN to Assemble for the 3rd Global Edition of World Data & Analytics Show

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Singapore, Apr 13, 2022 - (ACN Newswire) - The 3rd global edition of World Data & Analytics Show, with a special focus on the ASEAN market, is all set to take place virtually on 19 April 2022. The event will gather top experts from ASEAN region where they will shed insights on analytics to improve an organization's operational performance, boost consumer engagement, and simplify supply chains.

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Notable speakers include Celine Le Cotonnec, Vincent Toh, Hartnell Ndungi, Juan Intan Kanggrawan, Benedict Benoit, Bhaskar Vetrimani, Dr. Shidan C Murphy, Sam Majid, Bhaskar Vetrimani, Meenakshi Nissim Ghoge, Balaji Jayaraman, Martijn Wieriks, Ram Kumar & more. These experts will present eye-opening keynotes, government and enterprise use-case presentations, exciting product showcases, take part in panel discussions and tech talks to discuss the latest challenges and explore data-powered solutions.

Businesses in the ASEAN region are embracing data analytics to help them grow post-Covid-19. The diversified economic environment of the region adds further difficulties to decision-making. Data analytics has been shown to be an efficient method for identifying the aspects that produce value for regional businesses. This digital revolution aids in the improvement of efficiency and business operations.

ASEAN companies are facing unique challenges in optimizing their business processes while balancing privacy and compliance. However, the use of data analytics allows companies to foresee trends, improve operations, and streamline operations. By increasing efficiency and productivity, data analytics can help ASEAN companies become more competitive globally.

"According to our research, more than 90 percent of APAC business executives believe that data analytics is important for their organizations to remain performant, but less than 19 percent of enterprises across the region have achieved maturity in analytics. At Alteryx, we are committed to empowering everyone and anyone to make data-driven decision and advancing organizations' capability in analytics. Join us at our session in this year's World Data and Analytics Show 2022, to uncover how your organization can transform from being data-rich to data-driven," stated Suganthi Shivkumar, VP of Asia, Alteryx.

"Dataiku will show you how extraordinary AI for everyday purpose is brought to life in this edition of the World Data and Analytics Show 2022. As a lead sponsor, we await the opportunity to connect with attendees and discuss how to realize their AI strategy at scale and speed; no matter the stage of AI or analytics maturity. Meet us at our booth to find out more on how Data Science meets Everyday Use!," said Jiunn Hao; Director, APAC Partnerships, Dataiku.

Among the early adopters of future tech, groundbreaking experts taking the center stage include:
- Celine Le Cotonnec, Chief Data Innovation Officer, Bank of Singapore
- Vincent Toh, Snr Manager, Sales Engineering, Alteryx ASIA, Singapore
- Benedict Benoit, Area Vice President, Collibra, Australia
- Bhaskar Vetrimani, Head of Sales & Business Development, APAC, Lingaro
- Hartnell Ndungi, Chief Data Officer, Absa Bank Kenya PLC, Kenya
- Grant Case; Director of Sales Engineering, Dataiku, Australia
- Juan Intan Kanggrawan, Head of Data Analytics and Digital Products, Jakarta Smart City, Indonesia
- Ankit Singi, Data Science Implementation Manager, Dataiku, Singapore
- Sam Majid, CTIO, MCMC Malaysia
- Benedict Benoit, Area Vice President, APAC, Collibra, Australia
- Srinivasan Sankar, Enterprise Data and Analytics Leader, The Hanover Insurance Group, United States
- Igor Rotin, Chief Data Scientist, Liebherr Aerospace and Transportation, Germany
- Meenakshi Nissim Ghoge, Director - Data & Analytics, Mondelēz International, Singapore
- Katrina Briedis, Sr. Product Marketing Manager, APAC Denodo
- Balaji Jayaraman, Senior Vice President- Head of Data and Analytics (APAC), Citi Bank, Singapore
- Martijn Wieriks, Chief Data Officer, JULO, Indonesia
- Dr. Shidan C Murphy, Director of Data Analytics, Altair, APAC
- Bhaskar Vetrimani, Head, Sales and Business Development, Lingaro APAC
- Ram Kumar, Chief Data & Analytics Officer, Cigna, Singapore; to name a few.

"Businesses are facing increasing expectation to utilize data analytics to drive decision-making, improve service levels and generate new revenue streams. However, ASEAN businesses need to overcome limitations in data (data literacy and digital literacy), policy and capability to fully utilize the potential of data analytics," stated Mithun Shetty, CEO, Trescon.

The event will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants can also engage with the speakers during Q&A sessions and network with solution providers/sponsors at their virtual exhibition booths, private consultation rooms and meeting tables.

World Data & Analytics Show - ASEAN is officially sponsored by:
- Headline Sponsor - Alteryx
- Lead Sponsor - Dataiku | TechData
- Platinum Sponsor - Collibra
- Gold Sponsors - Denodo & Lingaro
- Silver Sponsors - Altair & Cloudera
- Bronze Sponsor - Snowflake & EnterpriseDB

About World Data & Analytics Show

World Data & Analytics Show is a thought leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.

As part of the world tour, this ASEAN edition is virtually gathering pre-qualified C-Suite IT Leaders, Business Analysts, Data Analytics Heads, Heads of Business Intelligence, Industry Practitioners, IT Decision Makers and Experts in Data & Analytics among others from cross industry verticals across ASEAN region.

The show would feature exciting keynotes, government and enterprise use-case presentations, product showcases, panel discussions and tech talks to discuss the latest challenges and explore the latest applications in data powered solutions.

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments, and individuals. Trescon specializes in producing highly focused B2B events that connect businesses with opportunities through conferences, road shows, expos, demand generation, investor connect and consulting services.

For further details, please contact:
Jagriti Jaiswal
Corporate Communications,
Trescon | marketing@tresconglobal.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe 3rd global edition of World Data & Analytics Show, with a special focus on the ASEAN market, is all set to take place virtually on 19 April 2022.

Heartland Solves ‘Traveling Salesman Problem’ To Help Farmers Optimize Planting, Harvesting, & Scouting With ReMap

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Detroit, Michigan, Apr 12, 2022 - (ACN Newswire) - Heartland has revolutionized plot mapping technology to drive efficiency for farming operations across the world. Their ReMap technology (www.heartland.io/remap-farming-plot-map-online/) will reduce the time, money, energy, and carbon footprint required to farm.

The traveling salesman is a famous mathematical problem that focuses on finding the fastest route between multiple locations. This is a universal problem that can help optimize logistics networks across land, air, and sea. Solving this problem opens the door for Heartland to run mathematical calculations that have never been possible.

With a mathematically perfect plot map, farmers can ensure a reduction in fuel consumption, maintenance costs, and the time necessary to complete their planting, harvesting, and scouting. ReMap is a technology solution to a problem that farmers have faced for more than 12,000 years.

Heartland recently received a $360,000 USDA grant for soil health, carbon sequestration, and regenerative agriculture. This kickstarted a desire for Heartland to drive efficiency across the greater agriculture industry.

Heartland is sitting at the intersection of regenerative farming and sustainable manufacturing. ReMap technology will become a foundational tool to help Heartland drive the adoption of green chemistry across industries.

"Heartland's team is exploring the different applications of this computing technology to drive new material innovations." Says Heartland CEO, Jesse Henry. "This technology allows us to create never-before-seen solutions in agriculture, manufacturing, chemistry, and advanced materials."

Today, Heartland engineers hemp fibers as additives for plastics. The company is working with America's largest manufacturers and suppliers to integrate high-performance carbon-negative plastic additives into everyday products. The commercialization of Heartland's biomaterials will allow companies to predictably reduce their carbon footprint without compromising strength, weight, or price.

Heartland's vision is to become earth's most sustainable company. Their desire to create efficiency in hemp fiber and the greater agriculture industry has gone far beyond carbon sequestration. Heartland is developing the technology and insurance products to ensure that hemp can be efficiently grown, processed, and utilized.

Creating standards in agriculture technology, insurance, and finance will help to unlock the global distribution of commodity hemp materials. ReMap is a first-of-its-kind agriculture technology that solves an optimization problem from 1930.

"There are mathematical problems that scientists and engineers don't even bother trying to solve because they are too complex and require too much computation." Says Tim Almond of Heartland, "This will allow them to solve those problems with ease."

Large companies are spending billions on new innovations, but they are limited by the amount of time and computing power it takes to run calculations and simulations. The math behind Heartland's plot mapping technology can help those companies solve these same problems in seconds.

Today, Heartland's hemp additives are driving sustainable material innovation for many of America's largest manufacturers and suppliers. Heartland's technology breakthrough helps them develop a platform that solves some of the most impactful problems for the biggest companies.

About Heartland

Heartland is a material innovation company that engineers hemp fibers as additives for plastics. Heartland's additives help manufacturers exceed their sustainability mandates without compromising cost and performance. As an industrial hemp material processor, they work with farmers, manufacturers, and their suppliers to commoditize high-performance carbon-negative additives that can be used across various raw material supply chains. Heartland's products help companies manufacture using stronger, lighter, cheaper, and more sustainable materials. For more information, visit https://www.heartland.io.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comHeartland has revolutionized plot mapping technology to drive efficiency for farming operations across the world.

Developing Industry 5.0 Solutions For Regenerative Agriculture and Sustainable Manufacturing

Detroit, Michigan – (BUSINESS WIRE) – Heartland has revolutionized plot mapping technology to drive efficiency for farming operations across the world. Their ReMap technology...

JPMorgan CEO Jamie Dimon to Shareholders: Decentralized Finance, Blockchain Are Real

Jamie Dimon to JPMorgan Shareholders: Decentralized Finance and Blockchain Are RealJPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan CEO Jamie Dimon recognized the merit of decentralized finance (defi) […]
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