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Cardano Developer Input | Output and Hedera Join the DeRec Alliance as Final Founding Members, Alongside Algorand Foundation, Hashgraph, Ripple, and XRPL Labs

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DLT Science Foundation, Hashpack, Oasis Protocol Foundation, and Palisade also join ecosystem-wide initiative to bolster security and trust in the web3 industry

LAS VEGAS, Sept. 5, 2024 /PRNewswire/ — Research and engineering company & Cardano developer Input | Output, and Hedera, the open source, leaderless proof-of-stake network, have joined Algorand Foundation, Hashgraph (formerly Swirlds Labs), Ripple, and XRPL Labs, as the final Founding Members of the Decentralized Recovery (DeRec) Alliance, with two-year seats on the Technical Oversight Committee (TOC). DLT Science Foundation, Hashpack, Oasis Protocol Foundation, and Palisade have also joined as Alliance members, to advance the DeRec Alliance’s mission of creating an interoperability recovery standard to facilitate the widespread adoption of crypto and other assets.

Charles Hoskinson, Cardano founder and Input | Output CEO, said: “We’re delighted to be joining the DeRec Alliance to help contribute to this important new cross-platform protocol. Input Output has always been committed to open-source principles, cross-industry collaboration and blockchain interoperability. As an industry seeking to drive wider adoption, we should all be committed to the relentless pursuit of security, accessibility, and improving the user experience. We’re excited to be joining with other industry leaders to collaborate on this initiative to develop and drive common standards for our space and new utility for web3 users.”

Web3 users currently navigate complex processes to safeguard their digital assets, accounts, keys, and passwords, requiring a high level of technical expertise. Launched in January 2024 by Hedera Co-Founder Dr. Leemon Baird, along with leaders from the Hedera and Algorand ecosystems, the DeRec Alliance introduces a new open-source, industry-standard protocol for simplifying and securing digital asset recovery. DeRec provides solutions for protecting various types of data, including keys for any blockchain or ledger, passwords, photos, notes, identity credentials, and cryptographic keys. By addressing the intricate technical challenges hindering Web3 adoption, the DeRec Alliance aims to unite leading organizations in creating user-friendly, accessible experiences for everyone.

“We are happy to welcome the new members to the DeRec Alliance. Their combined expertise and insight will be a great asset to the Alliance,” said Dr. Baird. “It’s exciting to see the industry collaborating across so many ecosystems, to provide the decentralized recovery that the world so desperately needs.”

“Web3 and crypto promised to decentralize and make accessible the systems that matter most. That power comes with a significant responsibility to safeguard your private keys. Web3 has fallen short in delivering a great UX for securing and recovering key material,” said John Woods, CTO of the Algorand Foundation. “We co-founded the DeRec Alliance as part of our mission to improve the UX for the entire ecosystem, from regular users to developers, delivering a better, more accessible, and more secure experience for all. Streamlined key recovery is vital, as is further decentralization of other important infrastructures.”

Founding Members take on a leadership role in oversight and governance. Input | Output and Hedera will hold two-year terms on the Technical Oversight Committee (TOC), offering critical input on the Alliance’s governance structure and core policies. Their leadership ensures that the Alliance maintains its strategic focus and effectively addresses the needs of its growing community.

Charles Adkins, President of Hedera, commented: “From the very beginning, Hedera has been at the forefront of digital asset security. The DeRec Alliance takes this one step further by introducing an open-source protocol that simplifies asset recovery, aligning closely with our mission to enable a new era of trust and transparency. We are proud to join this alliance and make asset protection more accessible and user-friendly.”

Alliance Members play a crucial role in shaping the DeRec Alliance’s direction by providing policy input and overseeing the development of DeRec-based solutions. They nominate candidates for and vote in Technical Oversight Committee (TOC) elections. Members also engage in quarterly meetings and contribute to policy discussions for TOC voting. Additionally, they represent a diverse range of organizations that adopt DeRec Alliance standards and best practices, facilitating decentralized recovery and ensuring its accessibility to a broad user base. Alliance members joining the DeRec Alliance include:

Dr. Paolo Tasca, Founder and Chairman, DLT Science Foundation, said: “Managing digital asset secrets can be cumbersome and risky for users. DeRec revolutionizes this by utilizing a secret-sharing protocol with trusted helpers, ensuring secure and reliable recovery. We at DLT Science Foundation are proud to have co-developed this protocol, which eliminates single points of failure, providing both security and peace of mind.”

May Chan, CEO at HashPack, said: “As the leading non-custodial wallet on Hedera, HashPack is honored to be part of this innovation in key management technology. DeRec has the potential to solve many of the issues users face around managing and recovering their accounts, and we’re excited to one day be able to bring these features to our users.”

Jernej Kos, Director of Oasis Protocol Foundation, said: “Since its inception, the Oasis Protocol Foundation has aimed to enhance the sophistication and user experience of web 3 DApps. For the industry to achieve true adoption, DApps must match web 2 counterparts in flexibility, confidentiality, performance, and user experience. A major challenge has been private key management and recovery, which remains relatively unexplored. Our unified mission is to remove this long-standing friction point and make web 3 more accessible to everyone.”

Tom Kiddle, Co-founder at Palisade, said: “Joining the DeRec Alliance as the first regulated custodian is a critical step for us at Palisade, signaling to the industry that we are passionate about safeguarding assets and private keys—not just for our clients, but across the entire ecosystem. We firmly believe that the future of Web3 hinges on providing users with reliable and secure mechanisms for key recovery. By contributing our expertise in private key management and wallet infrastructure alongside other members of the DeRec alliance, we are helping to prepare Web3 for mass adoption.”

The Protocol
The Decentralized Recovery (DeRec) open-source protocol is a standard approach to secret management, based on secret sharing among a set of helpers (e.g. friends or businesses), who can assist the user in recovering their secret when needed. Each helper’s share reveals no information about the original secret, and half the helpers can give the user their shares to reconstruct the secret, even when a user has lost their phone or other two-factor recovery device. The protocol includes automatic regular confirmations that helpers still have shares of secrets, and automatic re-sharing when secrets change or helpers join or leave. The user never reveals who the helpers are, nor even how many helpers there are, and even the helpers won’t know that.

Organizations interested in joining the DeRec Alliance, or in adopting technology that leverages the DeRec Alliance protocol can visit https://derecalliance.org/.

About The DeRec Alliance
The DeRec Alliance is a group of forward-thinking companies from across the Web2 and Web3 ecosystems that are committed to making the process of securing and recovering digital assets, accounts, and other secrets as simple as existing Web2 experiences. Leveraging a new open source standard, these organizations are working together to help their users and the broader world realize the promise of Web3, without the complexity. For more information, visit https://derecalliance.org/.

Media Contact:
hedera@wachsman.com

View original content:https://www.prnewswire.com/news-releases/cardano-developer-input–output-and-hedera-join-the-derec-alliance-as-final-founding-members-alongside-algorand-foundation-hashgraph-ripple-and-xrpl-labs-302239640.html

SOURCE DeRec Alliance

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LOWE’S INVITES BAY AREA RESIDENTS TO “TRY ON” THEIR KITCHEN WITH LOWE’S STYLE STUDIO™

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3 minutes ago

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April 25, 2025

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Designed exclusively for Apple Vision Pro, Lowe’s Style Studio™ empowers customers to visualize and experience a kitchen refresh in minutes at five Bay Area stores starting April 26

CHARLOTTE, N.C., April 25, 2025 /PRNewswire/ — Beginning Saturday, April 26, Lowe’s stores in northern California will offer free appointments for Lowe’s Style Studio™, an immersive 3D experience that lets customers design and “try on” their dream kitchen using Apple Vision Pro, changing the colors, styles, and features around them in real time. Lowe’s Style Studio™ combines spatial computing with home improvement, giving customers the ultimate confidence of experiencing their dream kitchen—or a smaller project like a new sink or wall color —before actually renovating it.

“We try on clothes, sample paint colors, and test drive cars to help us decide before we buy,” said Chandhu Nair, Lowe’s SVP of Data, AI and Innovation. “Customers deserve that same confidence when it comes to home renovation. With Lowe’s Style Studio, consumers don’t have to guess what their new kitchen could look like—they can step into it and experience their style choices together as if they are actually there. This is the future of retail—personal, immersive, and powered by technology.”

Lowe’s shoppers can focus on a single aspect of the kitchen—like a new cabinet color—or reimagine the entire room using Lowe’s Style Studio™ for Apple Vision Pro. Within the experience they can view full-sized countertops, backsplashes, and appliances within a kitchen, all for free. This is particularly helpful for products like countertops, where a full scale rendering allows customers to see additional variation and veining. Whether it’s a major overhaul or a small refresh, Lowe’s Style Studio™ makes it easy to explore design possibilities before spending a dime.

The pressure to get kitchen remodels right impacts DIYers and the Pros that support them. Interior designers, real estate agents, and installers have used Lowe’s Style Studio™ to help clients feel more comfortable with their design selections. By turning ideas into immersive, shared experiences, the tool brings everyone to the table with clarity and confidence—and with Lowe’s lowest price guarantee, customers can feel good about their choices from every angle. Spatial computing seamlessly blends digital content into the physical space, enabling users to interact in stunning resolution, using intuitive input controlled by a user’s eyes and hands.

Customers are encouraged to bring family members or home professionals to their session, where they can follow along on an iPad that mirrors the Apple Vision Pro experience. Customers can then digitally save and share their selected styles at the end of the session. These can also be saved to the customer’s Lowes.com account for future reference at home.

Sessions are free with no purchase commitments and available by appointment or walk-in (appointments are preferred). Appointments can be made at Lowes.com for the following California stores:

Concord, 1935 Arnold Industrial Way, ConcordEast San Jose, 775 Ridder Park Dr., San JoseDublin, 3750 Dublin Blvd., DublinSouth San Jose, 5550 Cottle Rd., San JoseSunnyvale, 811 East Arques Ave., Sunnyvale

About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.

Media Contact
Caitlin Byrnes
Lowe’s Companies, Inc.
caitlin.byrnes@lowes.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lowes-invites-bay-area-residents-to-try-on-their-kitchen-with-lowes-style-studio-302438748.html

SOURCE Lowe’s Companies, Inc.

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Zepp Health Corporation Files 2024 Annual Report on Form 20-F

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3 minutes ago

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April 25, 2025

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MILPITAS, Calif., April 25, 2025 /PRNewswire/ — Zepp Health Corporation (“Zepp Health” or the “Company”) (NYSE: ZEPP), a global leader in smart wearables and health technology, today announced that it has filed its annual report on Form 20-F for the full year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”).

The annual report can be accessed on the Company’s investor relations website at http://ir.zepp.com and on the SEC’s website at www.sec.gov. The Company will provide hardcopies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to ir@zepp.com.

About Zepp Health Corporation (NYSE: ZEPP)

Zepp Health Corporation (NYSE: ZEPP) is a global smart wearable and health technology leader, empowering users to live their healthiest lives by optimizing their health, fitness, and wellness journeys through its leading consumer brands, Amazfit, Zepp Clarity and Zepp Aura. Powered by its proprietary Zepp Digital Management Platform, which includes the Zepp OS, AI chips, biometric sensors and data algorithms, Zepp delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals. To date, Zepp has shipped over 200 million units, and its products are available in more than 90 countries and regions. Founded in 2013 as Huami Corp., the Company changed its name to Zepp Health Corporation in February 2021 to emphasize its health focus with a name that resonates across languages and cultures globally. Zepp has team members and offices across globe, especially in Europe and USA regions.

For investor and media inquiries, please contact:

In China:
Zepp Health Corporation
Grace Yujia Zhang
Email: ir@zepp.com 

Piacente Financial Communications
Tel: +86-10-6508-0677
Email: zepp@tpg-ir.com 

 

View original content:https://www.prnewswire.com/news-releases/zepp-health-corporation-files-2024-annual-report-on-form-20-f-302438423.html

SOURCE Zepp Health Corp.

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Symphony Robotics Welcomes Neurosurgery Leader Dr. Neil A. Martin as Chief Medical Officer to Revolutionize Glioblastoma Treatment with First-Ever MRI-Steerable Micro-Robotics

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April 25, 2025

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MIAMI, April 25, 2025 /PRNewswire/ — Symphony Robotics, a pioneer in advanced neurosurgical micro-robotics, today announced the appointment of renowned neurosurgeon Dr. Neil A. Martin as its Chief Medical Officer (CMO). In this pivotal role, Dr. Martin will lead the advancement of the company’s groundbreaking, engine-free, nonlinear, flexible micro-robotic system, poised to transform the treatment landscape for Glioblastoma Multiforme (GBM).

Symphony Robotics, a pioneer in advanced neurosurgical micro-robotics, appoints renowned neurosurgeon as CMO.

“Glioblastoma remains the most treatment-resistant and lethal primary brain tumor, with a median survival of only 14-16 months following maximal safe resection plus adjuvant chemoradiotherapy, and a five-year survival rate below 7%,” stated Dr. Martin. “Despite significant advances in molecular characterization and targeted therapeutics, meaningful improvements in clinical outcomes have remained elusive.”

Early preclinical studies using anatomically accurate GBM models under real-time MRI guidance have shown that Symphony Robotics’ platform achieves significant improvements in maneuverability, resulting in up to 3 times the volumetric coverage when compared with existing technologies, with millimeter-level precision, crucial for protecting critical healthy brain tissue while maximizing tumor removal.

Dr. Martin continued, “Symphony Robotics is positioned to transform the treatment paradigm by substantially extending the capabilities of Laser Interstitial Thermal Therapy (LITT) in GBM—potentially tripling the ablation volume achievable through its steerability after single-site minimally invasive insertion. Our initial objective is to significantly enhance the efficacy of LITT through precise, nonlinear navigation to previously unreachable tumor margins, even in large and irregular tumors. We are implementing an aggressive translational research pipeline for developing applications to accompany and synergize with thermal ablation, including targeted drug and immunotherapy delivery systems for precision neuro-oncology.”

“Symphony Robotics is built on a foundation of rigorous research and a robust intellectual property portfolio, supported by grants from the National Institutes of Health (NIH) and the National Science Foundation (NSF), and exclusively licensed from Case Western Reserve University,” said Mordechai (Moty) Avisar, Founder and CEO of Symphony Robotics. “Welcoming Dr. Martin—a visionary leader in neurosurgery—to our team marks a pivotal milestone that will accelerate our mission to revolutionize GBM treatment. By harnessing the power of artificial intelligence, our platform is poised to optimize therapy and deliver this life-changing technology to patients worldwide.”

The company is currently establishing collaborations with leading neurosurgical centers to initiate beta site testing later this year, ensuring thorough clinical assessment in diverse patient populations and anatomical scenarios.

CONTACT: info@symphonyrobotics.health
LinkedIn: https://www.linkedin.com/company/symphonyrobotics/

Symphony Robotics is developing advanced medical technology focused on transforming neurosurgical precision through its engine-free, nonlinear, flexible, micro-robotic platform, leveraging AI to optimize GBM treatment. Recognizing the limitations of current techniques in treating complex intracranial pathologies, particularly aggressive cancers like GBM and medically refractory epilepsy, the company aims to improve surgical outcomes by enabling more precise and extensive tumor ablation, minimizing damage to healthy brain tissue, and ultimately improving both patient survival and quality of life. The integration of real-time MRI guidance with advanced robotics and computational navigation algorithms allows their innovative platform to access and treat previously unreachable areas within the brain. Disclaimer: Symphony Robotics’ products are not approved by the Food and Drug Administration (FDA) and are not available for commercial distribution or clinical use.

View original content to download multimedia:https://www.prnewswire.com/news-releases/symphony-robotics-welcomes-neurosurgery-leader-dr-neil-a-martin-as-chief-medical-officer-to-revolutionize-glioblastoma-treatment-with-first-ever-mri-steerable-micro-robotics-302438762.html

SOURCE Symphony Robotics

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