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Portal Announces New Partnership with Babylon for Enhanced Bitcoin Security

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Portal’s new partnership with Babylon significantly enhances security in cross-chain swaps and creates more utility and accessibility to Bitcoin.

SAN FRANCISCO, Feb. 13, 2024 /PRNewswire-PRWeb/ — Portal, a fintech provider advancing financial self-sovereignty with robust technology for secure and trust-minimized access to Bitcoin and diverse cryptocurrency markets, today announced a new strategic partnership with Babylon, a major blockchain project that designs security-sharing protocols for the decentralized economy. The new partnership leverages Bitcoin‘s formidable security to fortify the Portal Notary Chain, further cementing Portal’s position at the forefront of the world’s most secure decentralized exchange protocols.

“In the evolving landscape of cross-chain decentralized finance, the importance of trust and security cannot be overstated, especially in the realm of cross-chain decentralized exchanges where native Bitcoin support is absent from almost every DeFi application today,” said Chandra Duggirala, co-founder and CEO of Portal. “Through our collaboration with Babylon, the backbone of our bridgeless, cross-chain, decentralized exchange will integrate the robust protection layers inherent in Bitcoin‘s architecture. Babylon’s work in the timestamping and staking space, in particular, will bring more utility, accessibility and community to Bitcoin. This integration is not just an enhancement but a transformative step in redefining exchange protocol security.”

Portal is a builder of the foundational pieces of technology required for a trustless and inclusive economy. It offers an advanced technological infrastructure, improved systems for coordination and easy-to-use tools previously only available to large institutions and hedge funds. Its Portal DEX is the first Bitcoin-based exchange that enables Layer 2 atomic swaps of cryptocurrencies across blockchains without custodians, bridges, wrapped assets or other well-known sources of risk. It does this while providing greater speed, lower cost and a number of features that are as comprehensive as centralized exchanges.

“We’re excited to integrate our Bitcoin security sharing protocol with Portal, enabling a more robust and trustworthy DeFi environment,” said Fisher Yu, co-founder of Babylon. “In response to the rising demand for better security and reliability, especially following recent bridge hacks, we’re addressing major concerns directly, from custodial risks to enhancing native BTC support in DeFi. We’re setting new standards in DeFi security and reliability, backed by the robust and decentralized security of Bitcoin.”

Central to Portal’s Babylon integration is Babylon’s innovative use of the Bitcoin Timestamping Protocol, which enables the synchronization of timestamp events from various blockchains onto Bitcoin. Portal’s Validator Network acts as a decentralized exchange notary, where a dynamic array of validators oversees and authenticates all swaps, but without having custody of funds, within the Portal DEX Network. This process, coupled with the distribution of rewards to liquidity providers and stakers, exemplifies a novel use of Bitcoin‘s security in a Proof of Stake (PoS) network.

The Babylon integration also represents a significant advancement in stake unbonding times for Portal validators. Traditional PoS chains necessitate an extended “trust period” for staking, typically taking two to three weeks. With Babylon’s timestamping, the unbonding request confirmation can be accelerated, reducing the waiting period to approximately one day. This enhancement is vital for users to quickly identify and respond to potential attacks on chains.

About Babylon
Babylon is a blockchain project that designs security-sharing protocols for the decentralized economy. Founded in 2022 by Stanford Professor David Tse and Dr. Fisher Yu, the project is led by a team of consensus protocol researchers and experienced Layer 1 engineers from around the world. Babylon’s mission is to scale Bitcoin to secure the decentralized economy. To achieve this, Babylon utilizes the three primary facets of Bitcoin: its asset, its reliable timestamping service, and its most censorship-resistant blockspace in the world. To leverage these facets, Babylon is developing three innovative security-sharing protocols: Bitcoin Staking Protocol, Bitcoin Timestamping Protocol, and Bitcoin Data Availability Protocol. Through these pioneering protocols, Babylon envisions a more secure and decentralized future.

About Portal
Portal is a fintech provider advancing financial self-sovereignty with robust technology for secure and trust-minimized access to Bitcoin and diverse cryptocurrency markets. A builder of the foundational pieces of technology required for a trustless and inclusive economy, Portal offers an advanced technological infrastructure, improved systems for coordination and easy-to-use tools previously only available to large institutions and hedge funds. Portal enables individual investors to exchange digital assets across blockchain networks with greater efficiency and speed, lower costs, increased transparency and enhanced security and privacy. A pioneer and an advocate for free and unfettered markets, Portal was founded in 2019 and is based in the San Francisco Bay Area. Portal is backed by Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io and many other prominent fintech/crypto investors. For more information, visit https://portaldefi.com.

Media Contact

Michael Tebo, Gabriel Marketing Group, 571-835-8775, michaelt@gabrielmarketing.com 

View original content to download multimedia:https://www.prweb.com/releases/portal-announces-new-partnership-with-babylon-for-enhanced-bitcoin-security-302059604.html

SOURCE Portal

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Gold and Fractal EMS Announce a Partnership for an American BMS

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ANAHEIM, Calif., Sept. 17, 2024 /PRNewswire/ — Fractal EMS Inc. (“Fractal”), a leading provider of advanced solar and storage controls, has announced a groundbreaking partnership with Gold Electronic Equipment Inc. (“Gold”), a leading high-tech company specializing in R&D, active balancing technology and manufacturing of the battery management system (BMS). A signing ceremony and celebration was held on September 9th at the RE+ clean energy conference in Anaheim, California. The new partnership will provide a cybersecure American BMS to customers worldwide (“Fractal BMS”).

The Fractal BMS provides a 3-level BMS architecture (module, rack and system).  The design of the Fractal BMS has been finalized, featuring an American-sourced chip, printed circuit board assembly (PCBA), and cybersecurity, ensuring compliance with U.S. policies for sourcing and critical infrastructure protection. The Fractal BMS has the option to provide active cell balancing to maximize each battery cell’s useful capacity and life.

“Other companies proposing an American BMS have not addressed the cybersecurity concerns of the BMS. Some companies are licensing a foreign BMS or only providing a top-level device, neither of which cure cybersecurity threats and vulnerabilities. We are thrilled to collaborate with Gold to bring this advanced American BMS to the market. This partnership underscores our commitment to innovation, security, and supporting American technology,” said Daniel Crotzer, CEO at Fractal EMS.

Fractal BMS is scheduled for UL testing in late October 2024 and aims to become the gold standard for BESS deployments to mitigate risks associated with Foreign Entities of Concern (FEOC) and known cyber vulnerabilities in programmable devices. The American BMS will be available to battery manufacturers globally, offering a reliable and secure solution for battery management needs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gold-and-fractal-ems-announce-a-partnership-for-an-american-bms-302250726.html

SOURCE Fractal EMS Inc.

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Critical Intervention Services and S2 Institute Launch Free Crime Deterrence and Safety Training in Compliance with Florida Statute 768.0706(2)(c)

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Training Now Available On-Demand at www.HB837training.com

CLEARWATER, Fla., Sept. 17, 2024 /PRNewswire/ — Critical Intervention Services (CIS), in partnership with the S2 Institute, proudly announces the launch of a groundbreaking, on-demand Crime Deterrence and Safety Training program, available now at www.HB837training.com. This comprehensive training is free to the public until January 1, 2025, and is designed to help organizations comply with Florida Statute 768.0706(2)(c).

A major benefit for management companies: CIS clients who have undergone a Crime Prevention Through Environmental Design (CPTED) assessment will receive unlimited, no-cost access to this training for their employees — permanently. This unique offering ensures management companies can provide continuous safety training without incurring additional costs, enabling them to stay compliant with Florida Statute 768.0706(2)(c) and protect both current and future employees.

Comprehensive Crime Prevention Training

The training program, based on the proposed curriculum developed by the Florida Crime Prevention Training Institute (Department of Legal Affairs), covers critical strategies to prevent and respond to crime. Upon completion, participants will receive a certificate of completion, providing proof of their commitment to safety and preparedness.

CIS, known for its expertise in specialized security and safety solutions, including CPTED assessments, designed this program to deliver practical crime deterrence techniques that enhance safety and awareness across multifamily environments.

“We are excited to be the first to offer this crucial on-demand training, empowering both individuals and organizations to take proactive steps in improving their safety measures,” said Craig Gundry, Vice President of Special Projects at Critical Intervention Services. “With crime prevention more important than ever, we are committed to making this information easily accessible to everyone.”

Exclusive Features for Management Companies

For management companies, the training comes with enhanced benefits, including an online administrative portal for streamlined oversight. This portal allows management teams to monitor employee progress, ensuring full compliance with training requirements. Additionally, it provides on-demand access to training records, simplifying the retrieval of important documents as needed.

Through this administrative portal, management companies can enjoy complete transparency in tracking training progress, ensuring accountability and timely completion of required courses.

Enroll Today

The Crime Deterrence and Safety Training is available now at www.HB837training.com. Enrollment is open to all multifamily management companies, their employees, and the general public. Take advantage of this free offer before it expires on January 1, 2025.

About Critical Intervention Services (CIS)

Critical Intervention Services has performed more than 400 CPTED (Crime Prevention Through Environmental Design) assessments, positioning itself as a trusted leader in community safety evaluations. CIS has assessed more properties for compliance with Florida Statute 768.0706(2)(a) than any other provider. With the largest private sector team of Florida Crime Prevention Practitioners (FCPs), CIS provides timely and effective assessments to ensure properties meet the highest standards of crime prevention.

CIS serves clients across the residential, commercial, and government sectors, helping them mitigate security risks and enhance safety.

About S2 Institute

Founded in 1998, the S2 Safety & Intelligence Institute has trained thousands of professionals in security risk management and public safety. Over the past two decades, S2 has earned a global reputation as one of the premier sources for security and public safety training. In addition to public courses, S2 offers private training and consulting services to corporations and government organizations worldwide.

For Press Inquiries:
Craig Gundry, PSP, FCP
Vice President of Special Projects
Phone: 727-461-9417
Email: cgundry@cisworldservices.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/critical-intervention-services-and-s2-institute-launch-free-crime-deterrence-and-safety-training-in-compliance-with-florida-statute-768-07062c-302250729.html

SOURCE Critical Intervention Services

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Developmental & Epileptic Encephalopathy (DEE) Trials: Optimizing Endpoints, Determining MCID, and Enhancing Trial Data Quality, Upcoming Webinar Hosted by Xtalks

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In this free webinar, gain insights into the complex challenges of conducting clinical trials for developmental and epileptic encephalopathy. Attendees will learn about approaches for data collection across large geographic areas. The featured speaker will discuss the factors to consider when selecting cognitive and behavioral endpoints. The speaker will also share approaches for determining minimally clinically important difference.

TORONTO, Sept. 17, 2024 /PRNewswire-PRWeb/ — Clinical trials in patients with developmental and epileptic encephalopathy (DEE) present considerable challenges for research teams, including the difficulty in identifying patients, the large geographic spread of patients and the need for measurements that can catch even the smallest degree of change in behavior or function.

It becomes a near impossible task to find sites that are in the appropriate geographies and have the level of expertise to administer the scales necessary for signal detection.

One byproduct of these challenges is the difficulty that arises in site selection. It becomes a near impossible task to find sites that are in the appropriate geographies and have the level of expertise to administer the scales necessary for signal detection.

In this webinar, the expert speaker will address these obstacles and share solutions. She will describe approaches to collect data across large geographic areas and in locations that do not have specialized or experienced raters. She will share factors to consider when selecting cognitive and behavioral endpoints for DEE trials, including perspectives from regulatory agencies.

Moreover, she will describe the application of developmental assessments (e.g., Bayley-4) and behavioral scales (e.g., the Vineland-3), along with approaches for determining minimally clinically important difference (MCID) with these measures in DEE populations.

Register for this webinar to gain insights into the complex challenges of conducting clinical trials for developmental and epileptic encephalopathy.

Join Pamela Ventola, PhD, Chief Science Officer, Cogstate, for the live webinar on Thursday, October 3, 2024, at 11am EDT (4pm BST/UK).

For more information, or to register for this event, visit Developmental & Epileptic Encephalopathy (DEE) Trials: Optimizing Endpoints, Determining MCID, and Enhancing Trial Data Quality.

ABOUT XTALKS

Xtalks, powered by Honeycomb Worldwide Inc., is a leading provider of educational webinars and digital content to the global life science, food, healthcare and medical device communities. Every year, thousands of industry practitioners (from pharmaceutical, biotechnology, food, healthcare and medical device companies, private & academic research institutions, healthcare centers, etc.) turn to Xtalks for access to quality content. Xtalks helps professionals stay current with industry developments, regulations and jobs. Xtalks webinars also provide perspectives on key issues from top industry thought leaders and service providers.

To learn more about Xtalks visit https://xtalks.com
For information about hosting a webinar visit https://xtalks.com/why-host-a-webinar/

Media Contact

Vera Kovacevic, Xtalks, +1 (416) 977-6555 x371, vkovacevic@xtalks.com, https://xtalks.com

View original content to download multimedia:https://www.prweb.com/releases/developmental–epileptic-encephalopathy-dee-trials-optimizing-endpoints-determining-mcid-and-enhancing-trial-data-quality-upcoming-webinar-hosted-by-xtalks-302250641.html

SOURCE Xtalks

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