Through SingleSeed, SinglePoint additionally aims to help provide cannabis business owners with the tools and support they need to thrive in the marketplace. SinglePoint has been expanding its presence in the burgeoning legal marijuana space through strategic acquisitions, with part of that strategy involving acquiring businesses that have revenues.
In March , SinglePoint began funding Convectium, which is a California-based provider of equipment, packaging and branding solutions for the cannabis industry. Convectium developed the first cartridge and vape pen oil-filling machines for wholesale distribution to marijuana dispensaries, and its Shark and Seal machines, currently sold through the EquipCanna.
Convectium additionally operates a consumer brand that includes BlackoutX and HazeSticks products. This acquisition has positioned SinglePoint to be a leading provider of online products, retail stores, cannabis consulting and equipment in California, where thousands of marijuana-related businesses are now in operation. SinglePoint continues courting promising acquisition targets in its efforts to expand its footprint in the legal marijuana market and other key industries.
SinglePoint is helmed by an experienced executive team with a track record of success. SinglePoint's achievements have been built on earning customer trust and being committed to client success. He oversees all company operations including investor relations, the leadership of the Board of Directors, and daily business activities.
Greg has a successful track record of founding and leading start-up companies. As the founder of PCI, a leading consumer product distribution company, Greg negotiated agreements with the nation's largest retail outlets such as Southland Corp , Albertson's, and Costco representing 25, retail accounts.
Eric Lofdahl — Chief Technology Officer. Eric Lofdahl has over 20 years experience in the technology sector, including positions in software development, program management, complex system integration, and engineering process definition.
As SinglePoint CTO, Eric has led the definition and deployment of the company's mobile messaging, anti-spam, and content delivery products. Before SinglePoint, he worked at the Boeing Company, where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.
He also directed the teams that developed new products and capabilities for many military airplane programs, including the AWACS, F and B-1B programs. Wil has a successful track record of building and maintaining great relationships with clients. Recognized as the top representative in his section by Nike, after college graduation Wil chose to continue in sales with SinglePoint where he has on-boarded marquee clients including GolfLogix and MonteFiore Inspired Medicine.
NetworkNewsWire Lexington Ave. NetworkNewsWire is a moderator of this board. Please see disclaimer on the NetworkNewsWire website: SingleSeed Payments is the leading payment solution provider to the cannabis industry.
By providing non-cash payment solutions we make your life easier, your business more effective, and your customers and employees enjoy a safer stress-free environment. SingleSeed Payments exists to educate and inform customers and shopkeepers on key issues in the retail and medicinal cannabis market while helping to legitimize the industry.
A diversified holding company specializing in acquisitions of small to midsized companies, with an emphasis in new technologies SinglePoint, Inc. Some of the most common types of processing solutions SinglePoint provides include: Text Marketing SinglePoint offers text message marketing solutions, enabling companies to seamlessly send messages to all of their subscribers simultaneously. SingleSeed Another way SinglePoint is serving marijuana enterprises without touching the plant is through its SingleSeed payments subsidiary www.
Acquisition Portfolio SinglePoint has been expanding its presence in the burgeoning legal marijuana space through strategic acquisitions, with part of that strategy involving acquiring businesses that have revenues. Executive Leadership SinglePoint is helmed by an experienced executive team with a track record of success. Eric Lofdahl — Chief Technology Officer Eric Lofdahl has over 20 years experience in the technology sector, including positions in software development, program management, complex system integration, and engineering process definition.
Wil Ralston — VP of Sales and Marketing Wil has a successful track record of building and maintaining great relationships with clients. Watching for a possible Descending Triangle Breakout You are Guest on WEB9. Ticker News is disabled. Free - Posts Today: Initial Statement of Beneficial Ownership 3.
Statement of Beneficial Ownership sc 13d. I told you sing sing for these guys. The commercial will be out in the next. All a bunch of double talk Sherman Mazur. The BIG jump will be two-fold I personally think the.
PR link for LastMile Launch, exciting times, much. Most likely the crypto part but you're just. Well at least something got released. They said it would come out sometime after. I have not seen the PR come across. Last Mile app is actually a much needed. This is not the app the commercial is for. It will be good news if this actually. Last Mile app launched today. If public transport, traffic lights, car parks and other elements of the transport network were plugged into a large communication grid of V2X systems, cars could receive a better picture of what is happening across a whole city.
This could lead to better traffic flows, less congestion and fewer accidents. For urban planners to take these requests seriously, V2X has to prove its value in practice.
When a sizable number of V2X-equipped cars hit the road, local authorities will likely pay more attention to the impact the systems could have and consider building infrastructure for them. Stronger Sensor Systems Foresight specializes in sensor and guidance systems for autonomous vehicles. Its QuadSight system is a state-of-the-art multi-spectral vision system that lets a vehicle detect obstacles in all weather and lighting conditions.
To complement these sensors, Foresight is also developing Eye-Net. Deployed on smartphones and cloud-based servers, Eye-Net makes use of existing networks to share information that may prevent accidents. A device using Eye-Net keeps track of where a vehicle is in the environment and transmits this information to Eye-Net servers. These servers are also gathering details from other devices in the vicinity. If a potential collision is detected, Eye-Net warns users with both audio and visual signals, helping them to avoid an accident.
In March, Foresight carried out the first successful pilot of Eye-Net. Since then, work on the project has been spun off into a wholly owned subsidiary company with a focus on advancing this V2X technology. Eye-Net currently acts as an independent system that can provide great safety for any road user. But the system is also helping lay the groundwork for more integrated systems. By providing real-time information and past analysis on traffic, as well as examples of V2X in action, it could give urban planners the information they need to start building more V2X-friendly environments.
With systems such as Eye-Net on the road, the foundations will be laid for sophisticated cities attuned to the self-driving industry. F is one of the biggest companies pushing city planners to consider self-driving cars.
His case is based upon the same points made by so many others, particularly the importance of reducing pollution and congestion in densely populated urban centers. The intervention of such a major player in the car market could get more people to pay attention.
Electric car company Tesla, Inc. For vehicles to rely on communications systems such as V2X, users will have to be sure that the systems are safe from hackers and other malicious actors. A focus on security in this area is vital. Technology company Qualcomm, Inc. QCOM is producing the automotive processors and modems that manufacturers need to build self-driving cars.
These components are what V2X systems are built on and may soon become a standard part of how we drive. Allowing vehicles to communicate with each other and with their environment opens the way for a safe, efficient self-driving future. As sensor systems combine with V2X, both cars and the cities they drive through are likely to change, creating a less-congested, less-polluted world.
Readers of this Article and content agree that they cannot and will not seek to hold liable NNW and FNM for any investment decisions by their readers or subscribers. The forward-looking statements in this release are made as of the date hereof and NNW and FNM undertake no obligation to update such statements. New York, New York. From Sunshine to Snow: Self-driving cars are reliant on their sensors to see the world around them. After years of testing in favorable conditions, these cars are now being assessed in bad weather conditions.
FRSX has developed a sensor system that uses visible light and thermal imaging to see through fog, rain and snow, and has sold a prototype of the sensor to a leading global Chinese electric vehicle manufacturer. FLIR has adapted its technology to the needs of self-driving cars and recently released data to help all manufacturers test the effectiveness of thermal sensors. F has established a subsidiary specializing in self-driving and was the first to carry out tests on snowy roads.
Waymo, a subsidiary of Alphabet, Inc. GOOG , has established a self-driving technology center in Michigan for adverse weather testing. And critical software needed to support these essential sensors is being developed by companies such as nuTonomy, a subsidiary of autonomous vehicle specialist Aptiv PLC NYSE: Self-Driving Whatever the Weather. Far-infrared cameras are much less affected by adverse weather than other sensors.
They can see through fog and rain, providing a better view of the environment than other sensors — or even the human eye.
Combining this thermal data with information from the visible light spectrum means that QuadSight produces a powerful range of data for a self-driving car.
The potential of this technology has led to significant successes for Foresight. The company has sold several prototypes to automotive manufacturers, including a recent sale to a Chinese company. With China becoming one of the largest markets for electric and autonomous vehicles, this sale is a major coup for Foresight. FLIR is keen to draw attention to the potential of these cameras for self-driving cars.
The company produces thermal cameras with many uses, including in smartphones and drones. The company recently released a free dataset of annotated thermal imagery to help researchers and designers create better equipment and evaluate the effectiveness of sensors.
F has invested heavily in self-driving vehicles. The company recently reaffirmed that commitment through the creation of Ford Autonomous Vehicles LLC, a subsidiary designed to push forward its automated vehicle work and make the most of the market opportunities this sector provides.
Ford has taken a lead in preparing self-driving vehicles for difficult weather conditions. In January , it was the first company to test an autonomous vehicle on snow-covered roads , and its recent introduction of further testing in Michigan shows its determination to solve the problems weather creates.
GOOG is heavily involved in self-driving vehicles through its Waymo subsidiary. Like Ford, Waymo has made use of Michigan to test self-driving systems in difficult weather conditions, including rain, snow and sleet. With its efforts to develop self-driving trucks as well as cars, Waymo has the potential to bring automation to commercial hauling as well as passenger travel. APTV is making significant advances in self-driving technology, not least through its nuTonomy subsidiary.
While Aptiv is involved in various aspects of automation, nuTonomy specializes in software for driverless fleets. Such software is vital to safe self-driving, as it processes the information coming from sensors, thus allowing vehicles to make driving decisions. The recent opening of a new technology center in Boston will help Aptiv and nuTonomy to develop the cars of the future, capable of driving in all conditions. As self-driving cars are tested in a wider range of driving conditions, they face new challenges.
Some sensors are proving more useful than others in adverse weather, and this may decide what technology eventually guides these cars of the future. Gamification uses the psychology of video games to encourage shoppers to spend money and share information. The addition of analytics lets retailers better understand their customer base.
China and India will soon have nearly 2 billion smartphone users, vastly increasing the e-commerce market. This app can be used on the platform provided by Shopify, Inc.
SHOP , which is now one of the biggest online retail venues and actively encourages its merchants to make use of gamification and analytics. AMZN has made effective use of gamification from early on, with ratings systems that encourage sellers and reviewers.
MSFT supports online retail through its cloud solutions and has recently teamed up with Walmart to challenge Amazon for online dominance. For any online retailer, Alphabet, Inc. Gamification is one of the most powerful tools in the world of modern marketing. For marketing, that means getting potential consumers to pay attention to a company, buy its products and services, and even provide that company with valuable information. Gamification works by tapping into human psychology.
Games are rewarding for a variety of reasons. They allow players to feel a sense of achievement, master part of their environment and express themselves. Games can be an opportunity to socialize through playing together, in addition to talking about the experience with others.
Games even provide opportunities for players to gain status among others in the same playing circle. If customers experience those same opportunities while shopping with a company, they are more likely to hand over their cash and information in exchange for the thrill gaming brings.
Eighty-seven percent of American retailers plan to use gamification over the next five years. One of the companies helping these companies achieve this goal is DeepMarkit, Inc. DeepMarkit provides easily accessible gamification for e-commerce stores. Its range of games is customizable, allowing retailers to customize their approach to follow and reinforce their brand.
Shoppers can then play games that offer discounts chosen by the retailer. Some of the benefits of this approach come from the shopping experience. People using Gamify games enjoy their experience and are more likely to return.
And when customers win a discount, they may buy more products to make the most of the opportunity. But Gamify does more than motivate customers to return to a business site. It also provides real-time analytics, providing retailers with invaluable feedback that helps them better understand activity on their sites. The company is seeing an average of 61 percent month-on-month growth in its customer base, with hundreds of new customers adopting Gamify games each month. For marketing campaigns in particular, this is a powerful tool that allows businesses to gain an understanding of where their customers come from and what marketing they respond to best.
The use of analytics is vital for any modern business looking to get ahead of its competitors. Revealing which sales and marketing channels are the most effective helps a business identify and work with its strengths to leverage the most efficient use of its resources. Gamify makes the most of this by adding analytics to its games. Sites using the app track in real time how many people are using the games and how many of those are converting to marketing leads. By drawing attention to the game in different channels then looking at when the most users arrive to play the game, Gamify can reveal how people are finding out about the site, an invaluable source of marketing data.
Now is a critical time for engaging with customers online. Thanks to mobile phone accessibility, emerging markets are seeing a huge growth in the number of people with access to the internet. According to one estimate, nearly 2 billion people will be using smartphones in China and India alone by the end of this year. This widespread adoption of mobile technology is creating a huge opportunity for businesses.
Gaming is one of the most popular pastimes for mobile users. By becoming a source of entertainment through a product such as Gamify, retailers can draw in more customers and — even more importantly —more repeat customers.
Now is a good time for businesses to get a foothold in emerging markets, as many smartphone users are just starting to build their habits and online brand loyalties.
Gaining consumer attention during this developmental stage could potentially put businesses ahead of the game. The interest in leveraging the opportunity to be part of this burgeoning business in Asia is illustrated by the decision made by Allstate Enterprise Consulting, a private Hong Kong company specializing in discovering and creating quality assets. Last year, Allstate purchased enough shares in DeepMarkit to become a 10 percent owner of the gamify business.
As the power of gamification becomes more widely recognized, big businesses are making use of it, sometimes subtly, sometimes less so. LinkedIn contains examples of relatively subtle gamification. It also offers users ways to increase this score. This encourages those who use the site to build stronger profiles by displaying the behavior that LinkedIn wants, sharing more information and building stronger networks. The whole app is a game designed to encourage increased play, connections, and ultimately spending of real-world money on digital products.
By providing different ways for players to achieve and connect, it has become one of the most widely used apps in the world. But with companies such as DeepMarkit making gamification accessible to all, anyone can incorporate games into their marketing strategies.
SHOP is a company that clearly understands what sells. The company has not only made gamification possible through its platform but has also offered guidance to merchants on how to use it. From progress bars to competitions to adding fun design elements, it covers the fundamentals of making these techniques work for a business.
The platform also allows programmers to add new gamified elements, with companies such as DeepMarkit creating gamified apps for Shopify. The rise of global retail giant Amazon. AMZN has been driven in part by the gamified elements of the site.
Allowing people to rate reviews encourages reviewers to write better and more often because of the sense of achievement and public recognition this brings. Top reviewers write regular, informative reviews to get to the top of the reviewing game. This can even lead to more substantial rewards as companies offer incentives to top reviewers. MSFT has now become a major player in the online retail game, thanks to a strategic partnership with Walmart. As the two work on competing with Amazon for retail dominance, these companies will have to use every trick and tactic available.
Behind the scenes, the company has the technology to gather incredible amounts of data and use that data to direct effective marketing. As the world increasingly goes online, e-commerce will only continue to grow. Gamification and analytics are valuable tools in creating customer engagement. FRSX , an innovator in advanced vision sensor systems for assistant driving, semi and fully autonomous vehicles.
TSLA is pairing sensor technology with electric motor vehicles and has recently found a foothold in China. GM will start mass production of self-driving vehicles next year and has been pushing its latest electric SUV to the Chinese market. AAPL is developing a sophisticated self-driving system that fuses multiple sensor inputs. INTC has joined the sector by acquiring Mobileye, bringing its technological clout to sensor technology. Two Trends Becoming One Two important trends in car design have been emerging over the past 20 years.
One is the shift toward electric vehicles. Driven by a desire for cleaner air, better health and a more sustainable planet, designers have been creating vehicles that can reduce pollution by running on electricity instead of gas. The other trend is a shift toward autonomous vehicles. These self-driving cars will not only save travelers from the laboriousness of driving, they are also expected to reduce traffic accidents and increase the efficiency o f traffic flows by removing human error from decision-making on the road.
For years, these two developments have existed in parallel. Parallel Developments Though many people still see self-driving cars as science fiction dreams, such vehicles are coming close to reality. Big players such as Tesla and General Motors are pushing forward with this technology, showing their faith in the market. FRSX , are emerging to provide critical components. Founded in , the company designs, develops and commercializes vision sensor systems for assistant driving, semi and fully autonomous vehicles.
These systems include sensors, processors and software that allow a vehicle to make sense of that information. Meanwhile, electric cars are already on the streets in commercial production. Hybrids have become the first choice of environmentally conscious drivers. Charging points are springing up in cities across the world, with specialist apps available to help drivers find charging points.
Related Developments Analysis by Lux research indicates that battery-powered engines and sensor-equipped self-driving vehicle manufacturing will almost inevitably merge with each other.
There are practical engineering reasons for this, tied to the batteries of electric vehicles. It will be far easier for a self-driving car to drive into a wireless charging station than to refuel at a gas station where a human being must be available to pump gas. This gives designers more freedom to create the best possible sensor and processing technology for self-driving vehicles.
Automated driving could help to solve one of the biggest drawbacks of electric cars: The behavior of consumers will also play a part in this merging trend. They will want to see these features combined, and manufacturers will be keen to fulfill this request because winning the support of this group is vital to the success of any product.
Both technologies are expected to mature enough for mainstream use around the same time. They are forecast to hit the mass market together, and so it will make commercial sense to combine them. And finally, the behavior of governments will push the technologies together. The increased safety of self-driving vehicles will lead governments to encourage implementation of the vehicles. Many governments are already encouraging the use of electric cars over vehicles that use petroleum or diesel.
As legislation enforces these changes, manufacturers will have to adopt both technologies. China is emerging as the dominant economic power of the 21st century, and therefore, the adoption of these technologies in that country will be critical. Chinese manufacturers BAIC and Geely have both made recent pushes in this direction , while Chinese tech giant Baidu is accelerating the development of its self-driving vehicle platform.
This is good news for many tech companies outside of China, as it creates opportunities to sell self-driving and electric car technology in a rapidly growing market. A leading global Chinese electric vehicle manufacturer has already ordered a prototype of QuadSight vision system. The Road to Electric and Automation As interest in electric and automated vehicles grows, companies are tackling the resulting challenges in a range of different ways.
TSLA is already exploring both self-driving vehicles and electrics and, therefore, is one of the front-runners in the race to get an automated electric car to market. Its self-driving systems have suffered some setbacks in field testing as a result of accidents on the road, but the company has also scored some notable successes. Tesla recently reached a deal with the Chinese government to set up a factory in China , giving it access to that large and growing market.
With capacity to produce , cars per year, this could easily become one of the most important car manufacturing plants in the world. Established automotive giants are adapting to the changing consumer climate. GM has announced that it will start mass production of a self-driving car for the first time next year at a plant in the United States. The company also has an eye on the Chinese market, where it recently showed off its latest electric car design for the first time.
Always striving to be at the forefront of technology, Apple Inc. AAPL has been working on both electric and self-driving cars. Secrecy shrouds much of its work, but it is generally known that the company started on an electric car in before scaling back its operations to focus on self-driving systems for use with other manufacturers. A recent legal case has revealed some details about what Apple is doing, including fusing multiple inputs into a single sensor system to create a more sophisticated self-driving vehicle.
INTC , another company not known for working with cars, has become a significant player through its recent acquisition of Mobileye. This subsidiary specializes in the production of advanced driver assistance systems, using sensors and processors to help people drive more safely and efficiently.
This is the sort of technology that has laid the groundwork for self-driving and that is now being utilized in automatic vehicle systems. Both self-driving and electric vehicles are developing quickly, thanks to the efforts of a growing number of companies. The two sectors appear certain to combine, giving both spaces a better chance to thrive.
Fleets trucks, buses, taxis, deliveries likely first movers in autonomy uptake. Advanced vehicle vision and detection systems essential for industry advancement.
Multiple system tests already under way in cityscapes across the world. The study also postulates that because of greatly enhanced safety, autonomous vehicles will save more than , lives between and The future increasingly looks like it will be chauffeured by intelligent, pilotless vehicles. However, though the potential and opportunity are exciting for this burgeoning industry, technological hurdles must still be overcome.
If history is any indicator, the complexities of autonomous transportation will be solved like all other technical challenges in emerging industries that have come before, and outsized rewards will be delivered to those who provide solutions.
FLIR designs and delivers technologies to enhance perception and awareness, producing an automotive-qualified passive infrared sensor currently offered on several vehicles. Waymo, a subsidiary of Google's parent company, Alphabet Inc. GOOG , started testing self-driving cars in and is recognized as a leader in the field.
F is aggressively testing autonomous vehicles to identify then target the most lucrative business model, while Tesla Inc. TSLA is leveraging its current semi-autonomous system, Autopilot, to collect real-world data about how those vehicles might perform fully autonomously. Advanced driver-assistance systems ADAS have been around for quite a while, assisting drivers and increasing safety.
ADAS systems are already well integrated into cars and the public psyche, and no one disputes the importance or effectiveness of anti-lock brakes. GPS navigation, automatic parking, lane guidance controls, tire pressure monitors and automatic braking are now rather commonplace. It took years for automotive innovations that were first introduced in the luxury car segment to finally trickle down to most of the cars on the road. Some assume that autonomous driving will follow a similar path, but all indications are that self-driving vehicles will adopt a different dynamic.
The first fully autonomous vehicles are most likely to appear within commercial fleets of trucks, taxis, buses and delivery-dependent services where technology costs could be offset by fleet efficiencies. Pizza companies are already testing the use of autonomous vehicles to deliver their product s and reduce costs.
The impact might be most significant in trucking — nearly every item sold in the United States touches a truck at some point between manufacture and purchase. The benefits of autonomous fleets become obvious when the costs for a truck driver represent about a one-third of the total transport costs.
Fully autonomous fleets could dramatically increase operating margins, providing compelling impetus for rapid adoption. FRSX has set new standards with its passive sensor system that uses multiple visual light and infrared cameras in stereoscopic technology to interpret surroundings. Mimicking human depth perception, synchronized cameras produce a three-dimensional image that can anticipate possible collisions with other vehicles or objects. Rather, any object can be detected regardless of material, color or shape, providing a competitive advantage to other sensors that must be programmed and trained to identify specific hazards.
The system can detect objects about the size of a legal pad from meters away and all other potential obstacles — stationary or in motion, regardless of shape, form or material — with nearly percent accuracy and reliability.
Optimized for urban environments and high-speed scenarios, the system provides a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. Foresight recently completed a successful multi-user trial of its Eye-Net accident prevention solution involving users of Android and iOS cell phones located across Israel. The Opportunity The company has garnered a wealth of industry and media attention.
Foresight demonstrated its QuadSight forward-facing camera solution at the International Consumer Electronics Show CES to great reviews, and QuadSight was lauded by EE Times for the first-of-its-kind quad camera multispectral vision solution that operated in all weather and lighting conditions. Foresight has distinguished itself from other automotive vision systems with its state-of-the-art technology, accuracy and reliability.
Foresight has established a new standard in vehicle vision and initiated the next giant step forward in the adoption of an autonomous future. Other companies are also seeing the potential for this exciting industry. FLIR designs, develops, manufactures, markets and distributes technologies that enhance perception and awareness.
The company specializes in thermal imaging systems, visible-light imaging systems, locator systems, measurement and diagnostic systems, and advanced threat detection systems.
Thermal sensors can see up to four times the distance of typical headlights and are well suited for pedestrian and animal detection. As the auto industry's only automotive-qualified passive infrared sensor currently in production , FLIR sensors are offered today on numerous factory vehicles and as an aftermarket system. Waymo is an autonomous car development company and subsidiary of Google's parent company, Alphabet Inc.
Google began testing self-driving cars in and announced that it plans to allow everyone in Phoenix to request a driverless ride before the end of year. Parent company Alphabet describes Waymo as "a self-driving tech company with a mission to make it safe and easy for people and things to move around. F , is aggressively testing autonomous vehicles and recently launched a pilot program in Miami. The pilot test will separate delivery and self-driving products, and gauge what works for both customers and companies.
The iconic automaker plans for a self-driving car network to be running "at scale" by TSLA says that all vehicles produced in its factory, including Model 3s, have the hardware needed for full self-driving capability at a safety level substantially greater than that of a human driver. Tesla is moving toward autonomy by using customer-owned cars to gather important data. The company collects information about how well its Autopilot feature performs then extrapolates that to autonomous vehicles.
Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers.
None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
In addition, a recent Alpine. Often called the Amazon. Overall, global e-commerce grew by China alone was just over 67 percent of global m-commerce last year, owing in large part to the massive mobile-first internet audience.
With over half the country using mobile internet and a whopping Gobbling up the retail pie at an amazing rate, e-commerce still has a ton of room to grow at only approximately 10 percent of overall retail sales; the China e-commerce boom in particular looks set to steam on mightily. In addition, there will be an astonishing 1. Gamification Done Right Is Key.
The app has subsequently become available on fast-growing e-commerce platform BigCommerce, as well as seeing incarnation as a plug-in for WordPress.
Gamify has been winning over merchants due to ease of setup, the multiple brandable game types available and the ability to offer enticing, tailorable rewards using custom odds. As is evident from the demo , gameplay and potential rewards are made accessible to the user upon simply supplying an email address. Such approaches to the implementation of gamified customer conversion technology have seen great successes in recent history and are continuing to find favor due to their readily observable efficacy.
A key element in all of this appears to be an inherent human compulsion to play games and solve puzzles, due in part it seems to the kinds of direct cognitive and creative benefits such activity can produce. Gamify puts an intuitive reward game front end on the digital shopping experience. The platform does so in a world of increasingly prevalent e-commerce as a means of consistently converting visitors into entries on the mailing list, as well as new checkout orders.
Giving people the chance to win a prize they can apply to merchandise they were likely thinking of purchasing anyway helps create a greater sense of added value for consumers. The DeepMarkit team is reportedly hard at work developing what users have asked for, with more games, gamified surveys and an even richer feature set to be launched with the paid version of the app coming out in coming months. Gamify currently supports full customization of all text fields, making the solution a perfect fit for multilanguage deployment around the globe.
Hence the recent partnership with ITN International, which works directly with corporate event producers, marketing agencies, tradeshow managers and exhibitors across six continents.
A top mobile NFC and cloud-based event solutions provider that services upwards of 15, exhibitors and 1. Whether they are trying to drive consumers to the digital shopping basket or entics web surfers to visit a brick-and-mortar location, e-commerce entities are embracing the full spectrum of gamification in order to advance customer retention and build brand identity.
The strategic investment sets the companies up for retail ecosystem building that will reportedly lead beyond Southeast Asia into the United States and Europe. IBM in cloud computing prowess, holds about 51 percent of the Chinese e-commerce market compared to JD. AMZN , which some analysts are starting to refer to as the American Alibaba, is still arguably the most influential global e-commerce player and seemingly still has the power to set the tone when it comes to gamification.
AI of around 50 million Alexa-enabled devices sold puts a bold underline beneath the growing body of evidence showing Echo owners spend more. Again, one of the real strengths of this company is the sheer number of products on offer, something which allows brands to feel confident they are reaching the largest possible audience.
SHOP also makes good use of the power of size to draw in new brands. A recent article in Investor's Business Daily expressed well how emergent brands are building foundations on Shopify, even as more established brands continue to gravitate toward the e-commerce venue.
The spread of Shopify to ,plus merchants in more than countries means the company does a lot of turnover setting up e-commerce sites for small businesses all over the world, a trend that has been a real boon for gamification. Shopify even provides a good amount of educating online retailers about the benefits of gamification with Shopify Blogs on the subject. Gamification helps merchants establish a rapport with customers and drive visitor conversion, resulting in a better, data-driven understanding of the end users.
Simultaneously, gamification can juice already compounding growth in e-commerce by involving customers in a participatory reward loop that gives them a sense of earned and added value, typically before a purchase is even made. For more information on DeepMarkit Inc. Fintech Cutting Out the Middleman.
The stage has been set for a genuine sea change in relevant areas of the financial industry. From payment technologies to lending and raising capital, even insurance and the kinds of accounts or wallets people use — a bevy of alternatives are already live or are coming online in the near future. The number of options available to end users in particular has multiplied seemingly overnight, providing a whole slew of new ways to deal directly with other people or entities, cutting out the financial institution middlemen altogether.
Analysts see the sector maturing away from experimentation into value-driven opportunity hunting based on proven solutions. With more than 2, Bitcoin Crypto: BTC ATMs currently installed across North America, it is now easier than ever for people to purchase and convert money via cryptocurrency such as BTC and then cash out into traditional fiat currency.
However, only around 36 percent of existing Bitcoin ATMs allow users to exchange crypto for cash, with the majority considered one-way machines that only allow users to directly purchase crypto. Transaction fees and times have been the biggest gripe by end users, and it is now understood by many in the industry that eliminating these two barriers will likely trigger an even more massive influx of new crypto participants. Crypto Tech, a Peer-to-Peer Revolution.
Building a Better Crypto Mousetrap. VRCP has effectively annihilated the 10 minutes to 24 hours it can take to confirm the purchase or sale of bitcoins. By removing much of the risk associated with such autonomous transactions through real-time transparency, Virtual Crypto has indeed taken out one of the aforementioned barriers to bringing more people into the space.
Bit4Sure essentially allows users to confirm a transaction before it is included in a mined block on the chain, and it does so via a readily available and intuitive app that works with Android and iOS.
It is also available via web browser at bit4sure. The solution is a compelling proof of concept, exposed to the average user through easy-to-use protocols. The Bit4Sure API lets developers integrate real-time transaction confirmation as well as the ability to actively track the market activity of any cryptocurrency, empowering end users and shielding them from digital payment risks such as double-spending fraud or delayed transaction hassles.
Virtual Crypto has established itself as a business-oriented developer that dramatically improves the cryptocurrency trading experience for individuals and businesses — those who benefit the most from faster execution and lower costs.
The company may seem like a small fish in a gigantic pond, but it may provide offerings and competencies that even the biggest fintech players are taking note of. PYPL mobile payment service Venmo. The fact that Square barely eked out a profit in Q1 from BTC buying and selling activity and yet still doubled down on its objectives showcases how hotly contested the digital-first money-transfer services market is.
WP has become one of the most actively traded payment processors in the game today. Worldpay handles over 40 billion transactions a year via payment types, in countries, across different currencies. The company has recently drawn attention as a high-profile publicly traded target amid an outbreak of market participants looking to lock down the underexposed fintech space, which has seen very few public listings despite record levels of venture capital funding.
Those participants include Augmentum Capital, the venture group backed by Lord Rothschild, which recently deployed a well-capitalized VC arm. LC uses technology to spur faster credit decisioning and drive loan origination to new user experience highs.
The company has seen its model stall somewhat as competition comes into the market from sources like Marcus, the lending and deposit-taking digital consumer platform launched by Goldman Sachs NYSE: However, this aggressive model has led to loan stacking by fraudsters and desperate borrowers, putting increasing pressure on the Icarus-like LendingClub to fall back to earth and act just like every other digital lending platform, with its primary emphasis on competition for the most creditworthy customers.
SAN at the annual general meeting, in collaboration with J. This event followed fast on the heels of Broadridge receiving a new patent from the U. Patent and Trademark Office that allowed the company to begin implementing distributed ledger technology in its proxy voting product suite, ProxyVote. It is plain to see that with innovation and first-mover advantages can come unforeseen risks and model implementation issues.
As cutting-edge fintech enabled by cryptocurrencies and their underlying blockchain technology works its way into more and more practical applications, it may be essential for innovators to remain grounded in proven solutions like those offered by companies such as VRCP.
With more than 1, cryptocurrencies on the market today and only minimal uptake by end users, delivering confidence will be a key concern moving forward and fintech developers must remain laser focused on creating positive user experiences through transparency, ease of use and affordable fees. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. Regulatory Outlook Apparently Bullish to Many.
The recent Commodity Futures Trading Commission CFTC advisory statement on listing virtual currency derivative products noted that close outreach to market participants and coordination with regulators was key to striking the correct balance http: Most countries are headed toward open regulatory frameworks based on educating market participants and establishing guidelines. Even in countries such as India, where banks are banned from processing crypto exchange activity http: China seems to be on a similar trajectory.
In the estimation of many sector analysts, banning or simply failing to regulate cryptocurrencies has resulted in black markets and fostered the proliferation of scams http: Regardless of the future of the regulatory landscape, adaptability will most likely be paramount for ATMs and exchanges when it comes to defining KYC Know Your Customer- customer identification rules as. VRCP boasts such vital technologies as NetoBit, a cryptographically secure and proprietary transaction validation algorithm engineered to provide real-time values for any cryptocurrency at the time of purchase and sale.
NetoBit can predict, with a high degree of accuracy, if a cryptocurrency transaction will be approved immediately by a blockchain at the moment of the transaction, before the block is digitally signed. This can slash the typical transaction time, which can take anywhere from 1 0 minutes up to 24 hours, down to mere seconds. This debut marks a significant watershed moment for the industry and stands in stark contrast to most other ATMs in existence today because the VRCP machine allows users to instantly buy and sell bitcoins in exchange for their fiat currencies.
Regulator Confidence and Consumer Confidence. The explosive growth of bitcoin ATMs in recent years has impressed many in the sector and is currently running at just over eight new installations per day, with most installations over 75 percent being in the United States. However, only half of the devices support altcoins, and the space is currently dominated by only three major companies — Genesis Coin, General Bytes and Lamassu.
Whether it is hardware or software, NetoBit can help businesses adapt to the prevailing regulatory environment, regardless of the country or currency. That same adaptability brings powerful awareness horizons to the table as well, which could easily satisfy the conditionalities likely to be brought in via regulations. Even if legislation changes throughout time, already installed NetoBits can adapt to the new terms. This kind of future-proofed advantage is a selling point for VRCP, and big payment processors currently making substantial inroads into crypto are starting to take notice as the word spreads.
PYPL recently announced the implementation of new rules to crack down on unverified accounts. Those rules include restricted account usage based on amount of identification provided, as well as higher transaction fees and even new debit charges. This move could pave the way for crypto payment services, with international payments becoming more expensive than BTC, funneling many new users into crypto http: This is especially true considering recent comments from the International Monetary Fund indicating that cryptocurrencies are becoming increasingly competitive with central bank fiat currencies, particularly in the case of cross-border transactions where they handily outperform fiats.
SQ recently highlighted the lack of certainty when it comes to accounting rules for publicly traded companies that deal in cryptocurrencies. Such uncertainty about regulations is an understandably daunting issue for the company. Such regulatory eventualities are perhaps increasingly significant if investors further consider the low profits that Square recently reported from BTC trading via the Cash App http: GDOT , the company behind prepaid credit cards purchased at gas stations and pharmacies, has been doing solid business in recent years with its GreenDot Prepaid Debit Card, which many users are finding a convenient method for purchasing bitcoins instantly.
Long a staple of people with poor credit or teenagers who cannot quality for credit cards, prepaid debit cards are emerging as a preferred means of accessing crypto. BR recently made headlines when the company leveraged its end-to-end proxy solution suite ProxyVote to execute a pilot program focused on blockchain-based bilateral repo agreements.
Using this private permissioned blockchain system for repo agreements is a clear example of the potential for blockchain tech to resolve the frustration in an area like typically opaque and intermediary-laden corporate governance. Such a demonstration also proves-up the value of blockchain tech when it comes to meeting the kinds of comprehensive demands that prevailing regulations could impose. Regulators have a big opportunity to embrace crypto, provide meaningful structure that can help cement crypto in the mainstream as a transaction channel and bring better services to many consumers, including ones that are often overlooked.
Similarly, the industry has a unique opportunity to get out ahead of regulations with technologies and solutions that anticipate the kinds of demands most likely to occur. Self-driving cars are close to becoming a reality. When this happens, the sensors they use will be particularly important. FRSX is developing a sensor system that uses multiple visual light and infrared cameras in stereoscopic technology to interpret its surroundings. GOOG is installing a wide range of sensors in its cars, combining their different inputs to create a fuller picture.
F is focusing on other aspects of the future of driving, with its app-controlled Chariot commuting system. TSLA , the business most famous for work in this area, is using pattern recognition to help its cars interpret the input from their sensors. Several companies, automotive insiders, and tech innovators like Valeo and Bosch are working on the technology needed to make them a reality. From complex driving software to steering equipment, an industry is growing in the cars of the future.
Among the most important features of these cars are the sensors they use to read the world around them. These fall into two groups — passive and active. There are a variety of sensors of each type being tested, and a variety of different technologies that could come out on top.
But the most important distinction may be whether the sensors we get are active or passive. A Focus on Sensors Specialist companies have started to emerge in this field, focusing entirely on car sensor technology. One of these is Foresight Autonomous Holdings Ltd.
Founded in , Foresight is committed to designing, developing, and commercializing a range of sensor systems and associate technologies for use in autonomous vehicles. This includes stereo and quad camera systems and the software that will allow a car to interpret the signals from those cameras. These can be used to help avoid accidents between cars and will eventually allow self-driving cars to see and act on objects in their surrounding environment.
The company has already drawn attention with its advanced technology. This drew positive press attention when it was displayed at the Consumer Electronics Show earlier this year. Any object can be detected, regardless of its material, color or shape. This gives the system an advantage over competitors whose sensors have to be programmed or trained to identify specific hazards.
Passive sensors have two major benefits over act ive sensors. Mutual Interference One of the most serious problems with active sensors is interference. As a growing number of autonomous vehicles hit the streets, the number of sensors increases. As long as they use active sensors, this means an increase is the amount of energy being put out into the world by these sensors. As a result, they can end up interfering with each other, and this problem is only going to grow while people uses active sensors.
This could lead to objects with low radar cross sections going undetected. At this stage, it is too early to measure the effects of energy exposure emitted by hundreds of vehicles and road infrastructure on road users. Active sensors especially radars might pose a health hazard. This makes QuadSight a more reliable option than many others available. GOOG is exploring the potential of automated vehicles through its subsidiary Waymo. It is experimenting with a wide range of sensors on its vehicles, including active sensors such as sonar, lasers, lidar, and radar, and stereo cameras on the passive side.
F is approaching the future of driving from a different angle. Its acquisition of Chariot has put it in the business of providing transport to busy commuters, who can book rides in Chariot vehicles. An app lets its users book a ride with Chariot and propose new routes for the vehicles. Such apps could eventually be used to provide access to driverless transport, with vehicles following pre-programmed routes to pick up travelers without cars of their own.
GM has announced that it will begin mass production of its first autonomous vehicle next year. The design of the Cruise AV was acquired by the company in when it absorbed startup Cruise Automation.
The company most recognized for its work in self-driving cars is Tesla, Inc. Like other companies, it is using a range of different sensors, including visible light cameras. The information is processed using pattern recognition software, which looks for familiar shapes and colors to identify hazards.
Though it has suffered some setbacks due to accidents, Tesla is still leading the way in both developing and publicizing the potential of self-driving vehicles. Self-driving cars will soon be an important part of the transport landscape. As that happens, different types of sensors will hit the streets, giving people a chance to see which work best. There is a massive, underserved target market out there for cryptocurrency — a market succinctly delineated by World Bank statistics that indicate 2 billion or more people worldwide are unbanked, as well as by FDIC data that shows more than 23 million Americans are either unbanked or underbanked.