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Blockchain-based data storage: Dwinity opens new possibilities for Predictive AI

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–  Dwinity enables consumers and organizations to store and use sensitive data in a secure and completely anonymized environment, access to the trial phase possible since August

–  Predictive AI is at the heart of the blockchain-based data ecosystem

–  The tech startup’s seed funding was completed under the new MiCAR regulation for crypto assets; the next round will occur as a private token sale

MUNICH, Sept. 4, 2024 /PRNewswire/ — Current methods of using big data and AI are far from sufficient to publish new trustworthy AI applications – there is still a lack of high-quality data. Only a decentralized solution for data storage can help people make their most valuable data available for the common good or for use in commercial research.

Dwinity, a German tech startup from Munich, is tackling this problem with a data ecosystem centered around a decentralized, secure and anonymous storage location for sensitive personal data. Dwinity is now giving first test users access to this storage location.

Users register through their wallet address as they usually do in the blockchain environment using the page https://dwinity.com/app/. This means that access is always possible regardless of the device or authentication method. Access to this stage is primarily granted to the community, whose desire for more data protection and privacy on the Internet is in line with Dwinity’s mission. The community already numbers over 40,000 individuals worldwide.

The official launch of the data storage product, which is 100% GDPR-compliant, is scheduled for Q4/2024. The cryptocurrency DWIN, a token provided by Dwinity, is required to use the data storage and to participate in the data ecosystem where users can share their data anonymously with industries such as pharma, healthcare and others. At the same time, data owners retain full control over their data. This is enabled by cooperation with leading technology providers, in particular Nillion and STORJ. Dwinity is a proud partner of NVIDIA’s Inception Program.

“Blockchain technology is becoming a game changer, enabling users to securely share their data and social capital from social networks or use it for personal predictive AI applications. Decentralized markets for data storage are already part of the infrastructure and resources that are important for the advancement of AI technologies. With Dwinity, we will unlock this potential for Predictive AI,” confirms Dr. Robin Basu, Co-Founder and COO of Dwinity.

Dwinity’s next round of capital comes in the form of a private token sale
Dwinity conducted its seed financing under the EU’s new Markets in Crypto-Assets Regulation (MiCAR) and is one of the first companies to use this opportunity to access the capital market. The seed round achieved a total investment of 2.4 million US dollars. The next financing will also take the form of a private token sale. In the medium term, the plan is to list on a DEX, a trading platform for cryptocurrencies, and later a central crypto exchange (CEX/ ICO) to make the DWIN token publicly tradable.

Picture is available at AP

For more information, please visit https://dwinity.com

Dwinity – Get the real value out of Personal Data

Dwinity unlocks the full potential of personal data with a secure, user-friendly offering that utilizes blockchain technology and can make future predictions using AI. By taking back control of their data, consumers can store their sensitive personal information with confidence and share their data with various industries. Founded in 2023, Dwinity’s mission is to give power back to users over their data and create a thriving data economy where information asymmetry is finally eliminated. Dwinity is a proud partner of NVIDIA Inception Program and has partnerships with leading providers such as Nillion, Storj, Bitbond, SKW Schwarz, Annerton and others.

Social Accounts: X Instagram Telegram YouTube LinkedIn

Press Contact 
Talisman Kommunikation und Imagebildung
Heike Bedrich; Mobile: 0171/5432169
Mail: hb@talisman-pr.de or dwinity_press@talisman-pr.de
Web: https://talisman-pr.de

Company Contact
Dwinity IP GmbH
Am Haag 8, 82166 Graefelfing
Mail: press@dwinity.com; contact@dwinity.com
Web: https://dwinity.com
Registergericht AG München HRB286675, Geschäftsführer: Peter Koenig

 

View original content:https://www.prnewswire.co.uk/news-releases/blockchain-based-data-storage-dwinity-opens-new-possibilities-for-predictive-ai-302236978.html

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Bruce Lee, LeBron James, and Global Icons Highlight Julien’s Auctions “Legends in Motion” Exhibition in Hong Kong

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Exhibition Features Memorabilia from BTS, Kobe Bryant, Taylor Swift, Michael Jackson and More

HONG KONG, Sept. 11, 2024 /PRNewswire/ — Julien’s Auctions presents “Legends in Motion”, an exhibition and auction showcasing iconic memorabilia from global legends in sports, film, and music. The exhibition is free to the public at Pacific Place, Hong Kong, from September 14 to 27. Bidding is now open at www.juliensauctions.com, closing with a live auction at Island Shangri-La on September 28.

Key Highlights:

Bruce Lee:40 rare artifacts displayed for the first time in over 50 years.Items from Enter the Dragon, Fist of Fury, and The Big Boss.Key memorabilia include personal nunchakus, wooden dummy used for Wing Chun, and items reflecting his dedication to Jeet Kune Do.LeBron James:St. Vincent-St. Mary High School Basketball Jersey from his famous 2002 Sports Illustrated cover shoot, known as “The Chosen One.”Estimated value: US$1$2 million; expected to set a world record for the highest-selling high school jersey.Limited-edition photo prints from the shoot by renowned photographer Michael LeBrecht.Kobe Bryant:Game-Worn Los Angeles Lakers Jersey from the 2013-14 NBA season (Estimate: US$80,000$100,000).BTS:Outfits worn in their iconic “Life Goes On” music video (Estimate: US$60,000$80,000).Taylor Swift:Autographed gold knee-high boots (Estimate: US$1,000$2,000) and signed The Eras Tour fedora (Estimate: US$2,000$4,000).Michael Jackson:”Thriller” era Bellmaster jacket (Estimate: US$40,000$60,000) and a 2002 signed embellished jacket (Estimate: US$100,000$200,000)AND MORE:Memorabilia from Lionel Messi, Freddie Mercury, Lady Gaga & others

Event Details:

Public Exhibition: Free at Pacific Place, Hong Kong.Dates: September 14 – 27.Hours: 11 AM8 PM daily.Live & Online Auction:Location: Island Shangri-La, Hong Kong.Date: September 28.

Time: 10:00 AM HKT (U.S. September 27, 7:00 PM PDT/10:00 PM EDT).

David Goodman, CEO of Julien’s Auctions, said, “We are excited to showcase artifacts from legends like Bruce Lee and LeBron James in our first-ever Hong Kong auction, with free shipping for global buyers.  This exhibition offers fans and collectors a unique chance to view these treasures up close before bidding.”

Various methods of payment are accepted.

 

Photo – https://mma.prnewswire.com/media/2502212/LEGENDS_IN_MOTION.jpg

Video – https://www.youtube.com/watch?v=ko45Ix47fX4

Video – https://www.youtube.com/watch?v=0lbpUB3sVhw 

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CLOU Electronics Signs BESS Warranty Service Agreement in Chile, Expanding the O&M Coverage into South America

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ANAHEIM, Calif., Sept. 10, 2024 /PRNewswire/ — CLOU Electronics, a leading BESS system integrator, has recently signed a BESS Warranty Service Agreement with INGENOVA ASESORIAS S.A. in Chile. Under this agreement, CLOU’s subsidiary, CL Energy Company, will engage the contractor to provide warranty repairs, commissioning, maintenance, and logistics services for Chile BESS market.

As many countries today, Chile is witnessing a transformative period in energy, incentivizing through several initiatives the development of energy storage and electric mobility. Over the past year, the Chilean market has seen a surge in large-scale project announcements, driven by an ambitious goal of achieving 70% renewable energy consumption by 2030, significantly increasing the installation of renewable energy generation facilities, leading to a critical need for advanced energy storage solutions.

As a worldwide pioneer in storage technology, CLOU has played a crucial role in several landmark projects, from design to operation. Notably, CLOU was involved in the development of a 485MWh BESS in the Atacama Desert in operation since 2023, and recently has awarded a 420MWh from Transelec S.A., Chile’s leading high-voltage transmission system provider with over 80 years of experience. The project will be located next to the Granja Solar photovoltaic plant, close to Pozo Almonte, in the northern part of Chile.

CLOU’s Engineering & Procurement Package (“EP Package”) solution will offer far more than just system integration. It will deliver comprehensive support throughout the entire project life cycle, by means of a multicultural service team including engineers from CLOU, alongside with local partnerships with deep service training and experience. This is why CLOU has signed a BESS Warranty Service Agreement with INGENOVA ASESORIAS S.A.

Ingenova has 20+ years in the Chile BESS market, and is well recognized as an engineering, equipment supply and construction company in the electrical field, covering the infrastructure, water, mining and energy sectors.

As the customer demand are getting complex and lifecycle O&M is playing a crucial role for a project, CLOU remains deeply committed to meeting both the immediate and long-term needs. This new agreement will further enhance CLOU’s capabilities in project design, equipment supply, system integration, project delivery, operations and maintenance, and after-sales service in the south cone.

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SOURCE CLOU Electronics Co., Ltd.

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CLOU Electronics Releases Two Versions of the 5MWh+ Energy Storage System Aqua-C2.5

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ANAHEIM, Calif., Sept. 10, 2024 /PRNewswire/ — The global leading energy storage system integrator, CLOU Electronics, has introduced its latest liquid-cooling energy storage system, Aqua-C2.5, during the 2024 RE+ exhibition in Anaheim. This next-generation system is designed to support grid stability, improve renewable power quality, and deliver optimized LCOS for future energy storage projects.

The Aqua-C2.5 represents CLOU’s cutting-edge innovation for the utility-scale energy storage market, featuring a large 314/320Ah LFP battery cell capacity. The system is available in two versions: High Voltage Box and String PCS, providing flexibility to suit different project needs. The Aqua-C2.5 integrates long battery modules in a compact 20-ft container, significantly enhancing power density and enabling it to reach a 5MWh+ nominal capacity.

Both the High Voltage Box and String PCS versions enable precise charging and discharging of individual battery racks, maximizing the system’s overall round-trip efficiency (RTE) by streamlining energy conversion between DC and AC. This boosts the system’s energy discharge capacity over its full lifecycle.

Additionally, the modular design of both the battery pack and PCS simplifies operation and maintenance (O&M), reducing time and costs while ensuring high system availability. Features like automatic state of charge (SOC) calibration also reduce power plant upgrade times.

The Aqua-C2.5’s long battery module configuration allows for back-to-back installation, saving valuable footprint space and ultimately lowering upfront investment costs while increasing project revenue.

A standout feature of Aqua-C2.5 is its advanced bionic thermal management system. This system automatically adapts to the battery’s operational and environmental conditions, ensuring optimal heat dissipation across both the PCS and battery modules inside the container. With a cell/module temperature difference of just 2.5 degrees Celsius, the system is built for long-term performance, offering a 20-year operational life with improved charging and discharging efficiency.

As the global renewable energy market continues to grow, maintaining battery cell consistency is increasingly critical for energy storage systems. Inconsistencies can reduce performance, increase safety risks, and shorten system lifespan. The Aqua-C2.5 addresses this with CLOU’s Smart Scales Intelligent Balancing Technology, which optimizes energy distribution through active balancing. This ensures consistent operating conditions for each cell, reducing deviations and enhancing overall system stability and reliability. Compared to traditional passive balancing, Smart Scales offers bidirectional energy control, fast high-current balancing, reduced energy loss, and optimized battery performance.

The Aqua-C2.5 is also engineered for durability with an impressive C5 anti-corrosion rating and IP55 protection, making it suitable for operation in 0-95% (non-condensing) humidity and temperature ranges of -30℃ to 50℃(optional -35℃). It can maintain 100% nominal power output even at altitudes of up to 4,000 meters. The liquid cooling system also keeps the sound pressure level low, with standard versions at ≤75dB(A) and optional versions as quiet as ≤65dB(A), ideal for noise-sensitive environments.

With over 30 years of experience in power systems, CLOU continues to set industry benchmarks in energy storage compliance. The Aqua-C2.5 has earned multiple certifications, including CE, UL1973, UL9540A, UL9540, IEC62619, IEC63056, IEC62477-1, UN38.3, NFPA855, and NEC, and has passed the rigorous IEEE693 seismic test. To date, CLOU has delivered 5 GWh of energy storage solutions globally, underscoring its success and reliability in the industry.

 

View original content:https://www.prnewswire.com/news-releases/clou-electronics-releases-two-versions-of-the-5mwh-energy-storage-system-aqua-c2-5–302244454.html

SOURCE CLOU Electronics Co., Ltd.

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