Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Present at 12th Annual LD Micro Main Event on December 10-12, 2019; @weylandtechinc

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Present at 12th Annual LD Micro Main Event on December 10-12, 2019; @weylandtechinc 

NEW YORK - November 14, 2019 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL), a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™ Platform-as-a-Service (PaaS), has been invited to present at the 11th Annual LD Micro Main Event institutional investor conference being held on December 10-12, 2019 at the Luxe Sunset Bel Air Hotel in Bel Air, California.

Weyland CEO Brent Suen is scheduled to present on Wednesday, December 11, at 8:40 a.m. Pacific time and participate in one-on-one meetings with institutional analysts and investors throughout the day. The presentation will be also webcast live and available for replay here and via the investor relations section of the company's website at weyland-tech.com.

Management will discuss the accelerating growth in the company's recurring revenue from CreateApp subscription fees. The company recently announced it expects to record revenue for the third quarter and first nine months of 2019, and turn adjusted EBITDA positive in the third quarter. Weyland is also in the application process for an uplist to the Nasdaq Stock Market.

Read this in full at https://www.investorideas.com/CO/WEYL/news/2019/11141LDMicroMainEvent.asp

Since the beginning of October, Suen has purchased on the open market 99,000 shares of the company common stock, which has been reported on Form 4 and filed with the U.S. Securities and Exchange Commission. Pursuant to Weyland Tech's insider trading rules, company insiders who purchase the company's common stock are required to hold it for a minimum of two years.

The LD Micro Main Event is one of the nation's largest independent conferences for micro-cap companies, with over 250 names presenting to more than 1,300 attendees. The conference will also feature a variety of speakers and panelists discussing topics of interest to investors and issuers, as well as evening social events.

To schedule a one-on-one meeting with Weyland, you may submit your request online via the link provided upon registration. To register for the conference, contact David Scher at david@ldmicro.com or visit www.ldmicro.com/events. For any questions about the company, contact Ron Both of CMA at (949) 432-7557 or submit your request here.

View Weyland's LD Micro profile here: https://www.ldmicro.com/profile/WEYL

Profiles powered by LD Micro - News Compliments of Accesswire

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into several influential events annually (Invitational, Summit, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe. For more information about LD Micro, go to www.ldmicro.com/events.

About Weyland Tech

Weyland Tech, Inc. operates as a Fintech focused company and is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, Weyland enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

The company’s subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world’s fourth most populous country. AtozGo is a fast-growing short-distance food delivery service in Jakarta, Indonesia.

For more information, visit www.weyland-tech.com..

Important Cautions Regarding Forward Looking Statements

This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Company Contact

Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact

Ronald Both or Grant Stude
CMA
Tel (949) 432-7566WEYL@cma.team

SOURCE: Weyland Tech, Inc.

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#Mining #Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Babi Vista Vein High-Grade Expansion

#Mining #Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Babi Vista Vein High-Grade Expansion

8.8 Metres at 1,136 gpt AgEq

6.6 Metres at 502 gpt AgEq

Vancouver, British Columbia - November 14, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSX: SIL.TO; NYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce expansion drill results for the Babi Vista Vein in the Babicanora Area of the Las Chispas Project ("Las Chispas") located in the state of Sonora, Mexico. The drilling announced today has defined the initial high-grade footprint of the recently discovered Babi Vista Vein ("Babi Vista", see attached Figures). These drill results show wider and higher-grade vein mineralization to depth, including hole BV19-03 with 8.8 metres (true width) grading 1,136 gpt AgEq. The 17 expansion drill holes released today are in addition to the five drill holes in the Babi Vista Vein previously announced on February 25, 2019. The initial high-grade footprint is approximately 200 metres high by 150 metres along vein strike, and open in most directions. Based on total drilling to date within the Babi Vista high-grade footprint, the initial estimated average true width and grade of the vein is 2.2 metres grading 4.70 grams per tonne ("gpt") gold ("Au") and 401.1 gpt silver ("Ag"), or 753 gpt silver equivalent ("AgEq", based on assumptions defined in the table below).

Read this in full at https://www.investorideas.com/CO/SILV/news/2019/11141BabiVistaVein.asp

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "With the recent discovery and expansion of the Babi Vista Vein, we continue to add value through the drill bit at Las Chispas as we systematically discover and expand high-grade silver-gold mineralization in the district.

These new drill results for Babi Vista are impressive, with the wider higher-grade intersections to depth being some of the widest mineralized vein intercepts on the property.

The Babi Vista high-grade footprint appears to extend along vein strike, and is open to depth for further expansion. With the Babicanora Area in-fill drilling nearing completion for resource-to-reserve conversion, we are shifting our focus back to discoveries and expansion by re-allocating the drills to add to the high-grade resources, including Babi Vista. Given we have already intersected the Babi Vista Vein underground, and its close proximity to the Babicanora and Babicanora Norte veins, there is potential to incorporate Babi Vista into a conceptual mine plan which would require limited underground development. In addition to today's results, we are waiting to announce further results from over 300 drill holes (est. 70% in-fill, 30% step out) that are currently either being compiled or in the assay lab."

The most significant result for this release is Hole BV19-03, which intersected 8.8 metres (estimated true width) grading 7.36 gpt Au and 584.3 gpt Ag, or 1,136 gpt AgEq. Also noteworthy is hole BV19-04 at 6.6 metres grading 3.37 gpt Au and 249.8 gpt Ag, or 502 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release.

Note: All numbers are rounded. Based on a cutoff grade of 150 gpt AgEq.

* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$17 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 90% silver and 95% gold.

**UBV defines underground drill hole.

***Variations in vein widths are typical for epithermal vein systems.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada. Holes UBV19-01, UBV19-04, UBV19-09 to 11, BV19-01, BV19-02 and BV19-05 intercepted veining, but were below the Company's cutoff grade of 150 gpt AgEq.

Several unnamed veins were intersected while drilling the Babi Vista Vein with the following intercepts:

·        Hole BV19-03 - 0.5m grading 0.97 gpt Au and 94.0 gpt Ag, or 167 gpt AgEq;

·        Hole BV19-04 - 1.2m grading 1.03 gpt Au and 114.4 gpt Ag, or 192 gpt AgEq; and from the same drill hole,

·        Hole BV19-04 - 1.0m grading 1.88 gpt Au and 178.0 gpt Ag, or 319 gpt AgEq.

These unnamed vein intercepts add to the potential for further discoveries.

There are currently 17 core drills operating at Las Chispas; 16 surface and one underground. This includes, 13 rigs completing in-fill and vein expansion holes in the Babicanora Area known veins, and four rigs working on new vein targets and in-fill for the Las Chispas Area. Approximately 80 holes for 20,000 to 25,000 metres remain to be completed in 2019, of which 20 to 30 holes (3,000 metres) are for the Babi Vista Vein.

Updated resource and maiden reserve estimates, potentially including Babi Vista, are anticipated in Q2, 2020, along with the ongoing feasibility study.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

ABOUT SILVERCREST METALS INC.

SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. The Las Chispas Project consists of 28 mineral concessions, of which the Company has 100% ownership of where all the resources are located. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration and drilling programs of the Las Chispas Property, including construction of the Area 51 decline, metallurgical test, mineralization estimates and grades for drill intercepts, permitting for various work, and optimizing and updating the Company's resource model and preparing a feasibility study; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the reliability of mineralization estimates, the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Figure 1: Las Chispas District Plan Map November 2019

Figure 2: Long Section (Inclined) of Babi Vista Vein Looking Southwest

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

For Further Information:

SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website: www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

SilverCrest Metals Inc. (TSXV: SIL.V; NYSE: SILV) is a featured company on Investorideas.com

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#AI #Stock News: GBT (OTCPINK: GTCH) - AI Technology To Be Implemented Within Epsilon Program

#AI #Stock News: GBT (OTCPINK: GTCH) - AI Technology To Be Implemented Within Epsilon Program

Goal of Ensuring Ultimate Microchips Reliability

Santa Monica, CA - November 14, 2019 (Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK: GTCH) ("GBT", or the "Company"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ wireless mesh network technology platform and its Avant! AI, for both mobile and fixed solutions, announced that it is implementing its Avant! AI technology within Epsilon EDA (Electronic Design Automation) program with the goal of achieving increased reliability for microchips.

Avant! AI will be trained with IC (Integrated Circuit) reliability models, based on physics-of-failure mechanisms. These models will be classified for a wide variety of microchips types, among them microcontrollers, microprocessors, memories, power ICs and others. The system will read the microchip's specifications and define reliability analysis to be automatically tested by Epsilon. As the design moves forward and a more physical layout is produced, the system will adapt to identify weak spots, predicting potential reliability failures due to physics phenomena like Negative Bias Temperature Instability (NBTI), Electromigration (EM), Hot Carrier Injection (HCI) and Time Dependent Dielectric Breakdown (TDDB). The system is targeting a chip's reliability prediction to be addressed during early design stages, making correction easier. It is the goal that Epsilon will be able to provide a wide range of reliability predictions, ensuring reliable operation and efficient power consumption. Epsilon will predict, test and validate signals at risk. When potential failures are identified, Epsilon will perform an Auto-Correct to resolve the issue. It is the goal of Epsilon to ensure that microchips will not overheat and fail due to excessive power consumption or faulty design. GBT believes that its reliability predictions, early addressing and auto-correction will become a key player when designing modern chips, especially for high reliability demand fields like military, aviation/space and medicine.

Read this in full at https://www.investorideas.com/CO/GOPH/news/2019/11141EpsilonProgram.asp

"We identified the EDA field, a modern domain used to design integrated circuits (ICs), that we believe can significantly benefit from our AI technology," stated Danny Rittman, GBT’s CTO. "One of the major problems with our today's advanced chips, is their reliability. If a chip is not going through accurate electrical design for reliability, it can overheat, perform poorly or fail. We are now focused on enabling our analysis and auto-correction program, Epsilon, with the capability of predicting potential inner-chip nets that may overheat, cause poor performance or failure over time. Using our Avant! AI deep learning technology within Epsilon, the program will constantly monitor the chip's design as it evolves, alerting about potential risks. Furthermore, by user permission, Epsilon will be able to perform Auto-Correction for the at-risk signals, creating a Correct-By-Construction chip design environment. Avant! will perform an over-time analysis prediction to indicate how long failure(s) may take for critical nets. This will enable IC design houses to work more efficiently with customer budgets, knowing a chip's life span. Using Avant! AI for the IC reliability domain will ensure high reliability and performance ICs which are particularly crucial for areas like aviation, space exploration, military and medicine, where human lives depend on integrated circuits operation."

About GBT Technologies Inc.

GBT Technologies Inc. (OTC PINK: GTCH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. Gopher’s system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

https://www.avant-ai.net

About GBT TECHNOLOGIES, S.A.

GBT Technologies, S.A., a private Costa Rican corporation (GBT -http://gbttechnologies.com/) is a development-stage company in the business of the strategic management of BPO (Business Process Outsourcing) digital communications processing for enterprises and startups; distributed ledger technology development, AI development and fintech software development and applications.

https://aggregator.genesisexchange.io/ (Beta Version)

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:

Dr. Danny Rittman, CTO
GBT Technologies Inc.
Media: press@gopherprotocol.com

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Breaking #Cannabis #Stock News -Isracann Biosciences (CSE: $IPOT.C) Hires Expert Consultancy LinC to Steer Israeli Cannabis Project

Breaking #Cannabis #Stock News -Isracann Biosciences (CSE: $IPOT.C) Hires Expert Consultancy LinC to Steer Israeli Cannabis Project

Expert Agronomic and Project Management Knowledge Vital to Early Success

VANCOUVER, BC,   November 14, 2019 ( Investorideas.com Newswire ) – Isracann Biosciences Inc.  (CSE: IPOT)  (XFRA: A2PT0E) (OTC: ATLED) (the “Company”) an Israel-based company focused on becoming a premier low cost, high quality cannabis producer for both domestic and European export sales, has engaged the services of LinC by Growing Smart Ltd. to deliver a formal project characterization roadmap for the successful development of its proposed 230,000 sq. ft. purpose-built production facility.

The project characterization, is an in depth and detailed document profiling the site-specific seasonal climatic conditions, including daily hours of sun, average daily/nightly high and low temperatures, daily humidity levels, and UV index levels. With that information, the project characterization determines necessary greenhouse environmental controls and equipment for dehumidification, air circulation, shading screens, active heating, cooling and carbon dioxide enrichment.

LinC is the cannabis specific arm of Grow Smart Ltd, with offices in Tel Aviv, Israel and Shanghai, China. The company is an international agricultural project management company supplying turnkey projects for the cannabis sector delivering individually tailored solutions to the unique needs of each project.

Read this in full at https://www.investorideas.com/news/2019/cannabis/11142CSEIPOT-LinC.asp

In addition to developing the project characterization for Isracann, LinC has been contracted to provide site-specific cannabis agronomic services. Leading LinC’s agronomics team is Tal Saadon, who holds a Master of Science in Agronomy with over 10 years of commercial agriculture experience, primarily in greenhouse cannabis cultivation from seed, harvest and drying processes through to extensive experience working with multiple growers and the various arms of the Ministry of Health. The team also includes second generation farmer Tal Tregerman, who comes from a core founding family of an important agricultural Moshav (co-op agri-community) in the prolific Negev region. Tregerman originally established IMC Ltd., one of the first successful outdoor cannabis greenhouses in Israel and firmly established his ability to develop farm concepts into successful active operations.

LinC’s team collaborates across the industry by working with growers, entrepreneurs, investors, agricultural research centers, agricultural technology and input companies alike. These efforts translate into over 20 years direct experience successfully serving the medical cannabis industry in Israel and abroad. The company’s role extends well beyond the initial planning phase by providing technical, business, construction and financial solutions as well as ongoing knowledge transfer and support throughout the entire lifecycle of Isracann’s production facility.

Company CEO Darryl Jones comments, “When we initially undertook this project, we knew we would need to bring onboard a quality team with the knowledge and experience to achieve timely results. LinC is that team, and we are very appreciative that they were amenable to working with us. We know they have a long list of potential projects available to them and we have worked long and hard to ensure we are a priority with what is expected in the coming months. Their enthusiasm for our project has been highly motivational to everyone concerned and we look forward to implementing their detailed approach to developing what we collectively believe will be one of the most efficient, highest-quality and lowest cost licensed export production facilities throughout the entire region.” 

ON BEHALF OF THE BOARD OF DIRECTORS

“Darryl Jones”

Darryl Jones

Chief Executive Officer and President

About Isracann Biosciences Inc. (CSE: IPOT) (XFRA: A2PT0E) (OTC: ATLED)

Isracann is an Israeli-based cannabis company focused on becoming a premier cannabis producer offering low-cost production targeting undersupplied, major European marketplaces. Based in Israel's agricultural sector, Isracann will leverage its development within the most experienced country in the world with respect to cannabis research. The Company has secured agreements within Israel for medicinal marijuana cultivation. For more information visit: www.isracann.com.  

The CSE does not accept responsibility for the adequacy or accuracy of this release.

All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ, materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Canadian Securities Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.

Contact

Investor Relations

Toll Free: +1 855.205.0226

Email: inquiries@isracann.com

Web:  www.isracann.com

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring CSE: IPOT is a paid for news release on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#AIEye Podcast - CEO of VSBLTY Groupe Technologies (CSE: $VSBY.C) (OTC: $VSBGF) Discusses Deployment of Energetika’s Smart City Contract with Mexico City

#AIEye Podcast - CEO of VSBLTY Groupe Technologies (CSE: $VSBY.C) (OTC: $VSBGF) Discusses Deployment of Energetika’s Smart City Contract with Mexico City

Point Roberts WA, Delta BC, November 14, 2019 Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, reporting on recent news from VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTC: VSBGF) (5VS.F), a leading retail software and technology company using artificial intelligence.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2019/111119-AI-Eye-VSBY-Energetika.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/11141AIEye-VSBY-Energetika.asp

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) and intelligent lighting solutions provider Energetika’s smart city contract with Mexico City has begun deployment. Investorideas.com caught up with VSBLTY co-founder and CEO, Jay Hutton for an interview in which he explained how this smart city contract goes further than what is standard.

Hutton said that while smart city solutions typically cover commercial properties, VSBLTY and Energetika are also bringing application to residential spaces.

“When you look at smart cities, often you see a focus on commercial applications,” he said. “This deployment is certainly that, but in addition to that it extends the reach of the security umbrella to residences. So this becomes really compelling. Not only are you delivering security and camera capabilities, but [also] video analytics and access to city services and 9-1-1 on a mobile interface.”

Another distinguishing feature of this contract is the element of collaborative security. In the press release, Hutton describes this as “Where citizens, law enforcement and technology will work together to affect how a higher level of security is achieved”. He further explained how this collaborative aspect brought residents into the security network with their consent.

“By including [residences] in that collaboration, we’re extending the actual smart camera network to [them],” he said. “We’re not requiring residents to buy their own camera and have their own sealed off camera network. We’re now enveloping the city network that includes residences, if they wish to opt in.”

Hutton pointed out however, that taking advantage of this brings clear benefits to residences.

“Of course, it’s an enormous value for them if they opt in,” he said. “They become part of this camera-based neighborhood watch and a collaborative environment where they’re sharing video of events and crimes that may or may not be interesting to law enforcement.”

At the heart of the collaboration between the two companies is the combination of Energetika’s lighting infrastructure with VSBLTY’s AI-inspired video analytics.

“The idea here is combining lighting with camera technology and sensor technology to provide a public good – an outcome which is security based,” Hutton said.

The press release indicates that the technology is being deployed via security kits, which Energetika CEO, Rodrigo Calderon says “Consists of high definition cameras equipped with VSBLTY facial recognition and analytics, wireless alarms, motion sensors and panic buttons integrated with high LED facade light fixtures.” Hutton broke down the utility of security kits:

“A security kit is simply a light for the facade or doorway of a residence, a camera outside that doorway, a complement of sensors for door sensors and alarms, and a [mobile] application that allows for immediate access to 9-1-1 and city services – all of that combined under a single application umbrella.”

Looking at the wider regional market, Hutton said that though each community has its own specific issues to address, the solutions can be applied to great effect throughout the market.

“Mexico City has its own set of unique issues, problems and speed bumps for sure, but growth is really almost a certainty,” he said. “Right now the same architecture, idea, concept and approach is being proposed to other municipalities, governments and other places in Central and South America.”

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