Monday, March 09, 2020

Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Secures Contract for Correctional Service Canada from Innovative Solutions Canada, @patriot1tech

Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Secures Contract for Correctional Service Canada from Innovative Solutions Canada, @patriot1tech

Program to fund deployment and evaluation of PATSCAN Platform, including its video fight detection module


TORONTO, ON March 9, 2020 –(Investorideas.com Newswire, Homelanddefensestocks.com )-- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) is pleased to announce it has been awarded a contract for the PATSCAN Multi-Sensor Covert Threat Detection Platform (the "PATSCAN Platform") by Innovation Solutions Canada (ISC) for Correctional Service Canada (CSC).  The contract will include the purchase, deployment and evaluation of the PATSCAN Platform, including the video fight and disturbance detection module. Deployment of the PATSCAN Platform will begin with Correctional Service Canada (CSC) in March 2020 at an undisclosed location.


The contract from Innovative Solution Canada (ISC), was awarded to Patriot One for its PATSCAN Platform, with specific interest around the Video Object Recognition Software (VRS) solution for the detection of visible make-shift knives, cellphones, as well as disturbances and fights, all of which have been issues with correction facilities and their management teams. The Platform was evaluated and pre-qualified under the ISC’s Testing Stream, formerly named the Build in Canada Innovation Program (BCIP).   The Testing Stream helps connect Canadian innovators with federal government departments that are willing to test their innovation and provide innovators with valuable testing feedback.

“We’ve been working with Innovative Solutions Canada Program, formerly BCIP, on this project, prior to being acquired by Patriot One in December 2018,” shared Dr. James Stewart, SVP Video Analytics at Patriot One.  “We are excited to be part of the program to demonstrate our capabilities to not only detect concealed and visible threat objects with our PATSCAN Platform, but also help correctional facility management and guards quickly detect fights and disturbances that at times breakout between inmates.”

Patriot One’s business development and engineering teams have begun work with teams at ISC and Correctional Service Canada (CSC) on the production of the PATSCAN Platform, which will be delivered for installation and deployment at an undisclosed facility beginning March 2020.   Following onsite testing and evaluation, Patriot One, and CSC will discuss the possibility of expanding the Platform deployment across Canada. 

Respectfully

 “Martin Cronin”

Martin Cronin, CEO

About Patriot One Technologies Inc.
Patriot Ones' mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.comor follow us on Twitter and Facebook.

About Innovative Solutions Canada (ISC)
Innovative Solutions Canada helps Canadian innovators by funding R&D and testing prototypes in real-life settings.  The program operates two streams with a combined funding of over $140 million dedicated to Canadian innovators who want to start, grow, and get to market.

For further information, please contact:
Patriot One Technologies Inquiries
info@patriot1tech.com

Investor Relations
John Martin, Patriot One Technologies                                               
+1 (888) 728-1332                                                                                         
johnm@patriot1tech.com                                                                        
                                                     
Media Contacts:
Scott Ledingham, Patriot One Technologies                                       
+1-613-806-7135                                                                        
scott@prmedianow.com

Innovation Solutions Canada (ISED)
Ottawa Headquarters
Telephone: 343-291-1777
Business hours: 7:30 a.m. to 5:30 p.m

CAUTIONARY DISCLAIMER STATEMENT:
No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve 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 include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

News -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 TSX: PAT 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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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#Defense #Stock News: A2Z Technologies (TSXV: $AZ.V) (FSE: A23.F) Awarded Four-Year Contract with Israel Police; @A2Z_Advanced

#Defense #Stock News: A2Z Technologies (TSXV: $AZ.V) (FSE: A23.F) Awarded Four-Year Contract with Israel Police; @A2Z_Advanced 


Vancouver, BC - March 9, 2020 (Investorideas.com Newswire, Homelanddefensestocks.com) A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV:AZ.V) (FSE:A23.F) announced today that it has received a notice from the Israel Police notifying them that they have won a new four-year contract.


Bentsur Joseph, Chairman and CEO of A2Z stated, "We won a similar contract four years ago, which recently completed. The Israel Police awarded A2Z a new four-year term contract and expanded its scope and revenue by over 250%. This shows the high level of satisfaction that the Israel Police has from A2Z."

Under the terms of the contract, A2Z will provide maintenance, repair, and services to specialized equipment and products in police stations throughout the state of Israel. It is a four-year contract which guarantees A2Z, at a minimum, revenue of CAN $600,000. At the same time, it further broadens and deepens A2Z's relationships with various branches of the Israeli Government.

Furthermore, Bentsur Joseph stated, "I believe that over the life of this contract, it will generate significant revenue for A2Z, far exceeding the $600,000 guaranteed minimum revenue. We are excited and delighted to have signed this contract and to continue generating revenue for the Company with such strategic clients."

Bentsur concluded by stating, "I believe that this contract will also pave the road for additional similar contracts with other large governmental agencies in the very near future."

About A2Z
A2Z Technologies Canada Corp. is an innovative technology company based out of Israel, specializing in military technology and expanding into the civilian markets. A2Z has been operating for over 30 years and has a client base with 75 recurring clients, including the Israel Defense Forces, Security Forces, and Ministry of Defense among others. A2Z plans to leverage their cash flow-generating core-business to expand into the civilian robotics and automobile markets.

According to Zion Market Research, the Military Robotics space is expected to reach $53.93B by 2027 for a projected CAGR of 13.5%. (Summary of Report)

Highlights:
Core Business: A2Z's line of products include unmanned remote-controlled vehicles of various sizes designed for intricate bomb disposal, counter terrorism, and fire fighting, as well as energy storage power packs/generators. A2Z also provides maintenance services to both external and in-house complex electronic systems and products to over 75 clients.
A2Z has been an Israel Ministry of Defense contractor for over 30 years and a significant portion of its business is long-term service contracts.

Expansion into Civilian Markets: To drive growth, A2Z plans to adapt its military technologies for the much larger civilian markets. One patent-pending product is a capsule (FTICS) that prevents vehicle fires resulting from collisions. A2Z has also been granted a patent for a smart vehicle cover device that protects automobiles from natural elements while the vehicle is parked and is stowed away safely in the vehicle's bumper when not in use.

Fuel Tank Inertia Containment System (FTICS): In the event of a collision, the FTICS installed into the fuel tank prevents the ignition of fuel, thereby mitigating the spread of fire and explosion, minimizing risk to human life and property damage. According to the NFPA, from 2014 to 2016, an estimated 171,500 highway vehicle fires occurred in the United States, resulting in an annual average of 345 deaths, 1,300 injuries, and $1.1 billion in property loss annually.

A full video explainer of the FTICS technology can be found here: https://vimeo.com/385098839

Management: CEO Bentsur Joseph's previous venture, Comfy Interactive, was acquired by Shamrock Holdings, the family investment firm founded by Roy Disney. Previously, Bentsur Joseph was the chairman of Elad Hotels whose holdings include the Plaza Hotel in New York City.

Bentsur Joseph has a ~64% ownership stake in the business with 30,000,000 shares subject to an escrow agreement.

For more information regarding A2Z, please visit the Company's website atwww.a2zas.com.
Twitter: 
@A2Z_Advanced

On Behalf of the Board,
Bentsur Joseph, CEO

Investor Relations Contact
Trenton Kwan, KIN Communications
Toll Free: 1-866-684-6730
az@kincommunications.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to inherent risks and uncertainties. All statements within this news release, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those described in forward-looking statements. Factors that could cause actual results to differ materially from those described in forward-looking statements include fluctuations in market prices, including metal prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under applicable laws.

SOURCE: A2Z Technologies Canada Corp.

A2Z Technologies Canada Corp (TSXV: AZ) is a featured security and defense stock on Investorideas.com. Visit the profile page to learn more

News 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. Disclosure -A2Z Technologies Canada Corp. is a paid news and social media client on Investor Ideas starting February 4, 2020 More disclaimer info:
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#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Significant Babi Vista Vein High-Grade Expansion

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

2.1 Metres est. true width at 12,740 gpt AgEq
1.1 Metres est. true width at 13,022 gpt AgEq
1.6 Metres est. true width at 5,831 gpt AgEq

This press release contains images the previous release did not.

Vancouver, British Columbia - March 9, 2020 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSX: SIL.TONYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce in-fill and expansion drill results for the Babi Vista Vein ("Babi Vista") in the Babicanora Area of the Las Chispas Project ("Las Chispas") located in the state of Sonora, Mexico. The drilling announced today has nearly doubled the size of the high-grade footprint for the Babi Vista Vein since November 14, 2019 (see attached figures). These drill results show higher-grade vein mineralization to depth, including hole UBV19-30 with 2.1 metres (est. true width) grading 12,740 grams per tonne ("gpt") silver equivalent ("AgEq"; based on assumptions defined in the table below). The 22 in-fill and expansion drill holes in the high-grade footprint released today are in addition to 14 drill holes in the Babi Vista Vein high-grade footprint previously announced on February 25, 2019 and November 14, 2019. Based on these 36 drill holes, the updated high-grade footprint is approximately 400 metres along vein strike by 150 metres in height, and open along strike, towards surface and at depth. Within this footprint, the estimated average true width and grade of the vein is 1.2 metres grading 16.18 gpt gold ("Au") and 1,272.9 gpt silver ("Ag"), or 2,486 gpt AgEq. This average grade of AgEq is 230% higher than the previous estimate of 753 gpt AgEq (at 2.2 metres grading 4.70 gpt Au and 401.1 gpt Ag), with a reduction in estimated average vein width of 45% (see news release from November 14, 2019).


N. Eric Fier, CPG, P.Eng, and CEO, remarked, "With the further 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 last six months of drilling, the Babicanora Vein, including Area 51 zone has gone from being the vein with the highest-grade of AgEq on the project to fourth on the list, now superseded by the Area 200 zone, Area 118 zone and now Babi Vista. Babi Vista mineralization starts about 50 metres below surface and is open in all directions. The vein is approximately 230 metres north of the Babicanora Vein and was discovered while driving the Santa Rosa Decline to the Area 51 zone. With the infill drilling program complete, we are now operating 12 drill rigs (reduced from 19 until further compilation work is completed), which are focusing on the extensions of high-grade veins including several new blind (not seen at surface) veins that are being intercepted as we drill along the strike of the Babicanora veins.

Drill results from Las Chispas, received after March 1, 2020, will not be included in the ongoing Feasibility Study ("FS"). Results received for hole BV20-30 with 0.4 metres grading 79.00 gpt Au and 5,102.0 gpt Ag, or 11,027 gpt AgEq (see table below) is the first hole announced that will not be used in the FS resource estimation. There are still over 400 drill holes remaining to be reported for results to be included in the resource estimation for the ongoing FS. These results will be released as compilation is completed over the next few months and will include new vein discoveries, in-fill drilling for the Babicanora and Babicanora Footwall veins, in-fill and expansion drilling for the Babi Sur Vein, and in-fill and expansion drilling for the Las Chispas and Giovanni veins including Area 118 zone."

The most significant result for this release is hole UBV19-30, which intersected 2.1 metres (estimated true width) grading 81.60 gpt Au and 6,619.0 gpt Ag, or 12,740 gpt AgEq. Also noteworthy are hole BV20-22 at 1.1 metres grading 101.45 gpt Au and 5,413.0 gpt Ag, or 13,022 gpt AgEq and hole BV20-18 at 1.6 metres grading 45.80 gpt Au and 2,395.9 gpt Ag, or 5,831 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release.

Babi Vista Vein, Drill Results in High-grade Footprint for this News Release:


Babi Vista Vein, All Drill Results to Date within High-Grade Footprint;


Unnamed Veins Intersected while Drilling the Babi Vista Vein:


Note: All numbers are rounded. Based on a cutoff grade of 150 gpt AgEq, except for UBV19-13 which is less than 150gpt AgEq but inside the high-grade footprint.
* 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.
*** drill hole est. true width was re-interpreted from previous estimate. See news release dated November 14, 2019.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada. Holes BV19-06, BV19-07, BV19-10, BV19-11, BV20-20, BV20-21, UBV19-13, UBV19-18 to 20 and UBV19-29 intercepted veining, but were below the Company's cutoff grade of 150 gpt AgEq. Hole BV19-13 was lost and holes BV20-23 and 25 were drilled off-section. Previously announced hole BAN18-30 is outside the high-grade footprint and BAN18-33 was re-interpreted as not intercepting Babi Vista. Holes BV20-24, 26, 27, 28 and 29 are pending assays.

Unnamed and new vein intercepts are located in the hanging and footwalls of the Babi Vista and Babicanora Norte veins and add to the potential for further high-grade discoveries to be announced in the future.

There are currently 12 core drills operating at Las Chispas, reduced from 19 drills operating in January 2020. The reduction of seven exploration drills in the Las Chispas area was to allow for further compilation and re-interpretation work before continuing expansion drilling in this area. Of the 12 rigs operating, 11 surface and one underground, 10 rigs are completing expansion holes in the Babicanora Area on known and new veins, and two rigs are still working on known vein targets for the Las Chispas Area. Approximately 150 expansion holes for 35,000 to 45,000 metres remain to be completed in H1, 2020. Updated resource and maiden reserve estimates, including Babi Vista, are anticipated in the summer of 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 28 100%-owned mineral concessions where all of the resources are located. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project, resulting in numerous discoveries that are being evaluated for economic viability and potential production in the future. 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" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States 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 metallurgical test results, 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 and metallurgical test 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; reliance on metallurgical test estimates, 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.

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


Las Chispas District Plan Map & Babicanora Area Plan Map - March 2020


Babicanora Area, Looking Southeast


Long Section (Inclined) of Babi Vista Vein Looking Southwest

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



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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 Global investors must adhere to regulations of each country.
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Friday, March 06, 2020

The #AIEye: Philips (NYSE: $PHG) Announces HealthSuite System of Engagement with Cloud-based Managed #AI Workflow and Hydro66 (CSE: $SIX.C) Announces Puzl as AI #Cloud Computing Customer



The #AIEye: Philips (NYSE: $PHG) Announces HealthSuite System of Engagement with Cloud-based Managed #AI Workflow and Hydro66 (CSE: $SIX.C) Announces Puzl as AI #Cloud Computing Customer

Global Mobile AI Market to Grow by $13.26 Billion from 2020-2024



Point Roberts WA, Vancouver BC – March 6, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:PHG) (CSE:SIX)

Dutch multinational conglomerate Philips (NYSE:PHG) has announced the launch of the HealthSuite System of Engagement, described as “an integrated, modular set of standards-based capabilities that support the development of digital health propositions, including new capabilities for cloud-based managed AI workflow and DICOM [Digital Imaging and Communications in Medicine] interoperability.” Jeroen Tas, Chief Innovation & Strategy Officer, member of the Executive Committee Royal Philips, said:

“While there are compelling examples of digitalization improving healthcare delivery, too often patients and care providers struggle within a complex, fragmented technology and data landscape that hampers the deployment of innovative healthcare services. The HealthSuite System of Engagement is at the core of Philips’ digital transformation. It’s a highly secured, modular set of capabilities that can liberate and integrate data from disparate systems and accelerate the development and deployment of digital propositions across the health continuum in a secure environment.”

Hybrid cloud and colocation data provider Hydro66 Holdings Corp. (CSE:SIX) has announced Estonia-based AI firm Puzl as a new AI cloud computing customer. Nik Paushkin, founder and CEO of Puzl, explained:

“It's increasingly obvious that all industries must take advantage of AI and ML (Machine Learning) or fall behind more nimble competitors. However, there are significant barriers for all except the most expert developers to do so. Puzl are democratising and simplifying the user experience with 'GPU as code', bringing a new price point and container-based functionality to the general developer community."

Hydro66 CEO David Rowe commented:

"Our Enterprise-grade facility in the north of Sweden is an ideal location for High Performance Computing activities with our combination of industry leading ultra-low carbon emissions and attractive pricing models. Puzl are a highly innovative AI infrastructure company that we believe are set to grow rapidly with their containerised software driven platform and an ideal fit for our hugely scalable facility in Boden."

Global Mobile AI Market to Grow by $13.26 Billion from 2020-2024

A report from Technavio finds that the global Mobile Artificial Intelligence market will grow by $13.26 billion from 2020 to 2024, and exhibit a compound annual growth rate (CAGR) of more than 29 percent in the forecast period. An excerpt from the report snapshot outlines key drivers expected in the market:

Enterprises are increasingly using AI to gain operational efficiency and improve their processes. AI offers recommendations and suggestions to improve productivity and provide decision-making capabilities on multiple scenarios by analyzing the existing data. Because of such benefits, the use of AI is increasing in end-user industries such as healthcare, education, retail, and finance. Moreover, AI has the potential to improve healthcare outcomes while reducing treatment costs and is also used in the retail industry for supply chain planning, demand forecasting, price [optimization], customer intelligence, and enhancing day-to-day store operations. Intel offers AI technology to retailers to analyze activities on physical shelves using mobile devices, which creates a digital version of the physical store and [helps] them resolve shelf issues, such as [stock shortage], planogram compliance, and pricing errors. With the increasing use of AI chip-enabled mobile devices, the global mobile artificial intelligence market will grow significantly during the forecast period.

Sam Mowers, Investorideas.com


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#CryptoCorner: #Bitcoin Stays Green, Riot (NASDAQ: $RIOT) Issues Feb 2020 Production Update, Nike (NYSE: $NKE) Participates in First Phase of #Blockchain Supply Chain Project

#CryptoCorner: #Bitcoin Stays Green, Riot (NASDAQ: $RIOT) Issues Feb 2020 Production Update, Nike (NYSE: $NKE) Participates in First Phase of #Blockchain Supply Chain Project



Point Roberts, WA, Delta BC March 6, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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Stocks discussed: (NasdaqGS:RIOT) (NYSE:NKE)

Bitcoin (BTC) has staged something of a comeback in the past couple of days, growing from a trading price of about $8,725 on Wednesday’s Crypto Corner to a current trading price of $9,100, according to data from CoinMarketCap. The flagship cryptocurrency broke the $9K barrier early on Thursday, and has stubbornly remained above it so far, despite traditional markets posting losses across the board. This downtrend in the stock market is likely a result of continuing concerns surrounding the spread of the Coronavirus, which the crypto market seemed susceptible to last week as it fell in tandem.

Riot Blockchain, Inc. (NasdaqGS:RIOT) has issued a production update for February 2020. Highlights include the production of 91 newly mined bitcoins, and upgrades to its mining network resulting in “a 147% increase in average daily run rate of bitcoins mined, as compared to the average daily production run rate for the month of December 2019.” The upgrades that spurred this development were specifically the increase of Bitmain S17 miners from 2,940, at the beginning of the month, to 4,000 at the end.

Cointelegraph reports that several major retail companies, including Nike (NYSE:NKE), participated in the first Proof-of-Concept phase of Auburn University RFID Lab’s Chain Integration Pilot (CHIP). According to the report, CHIP “seeks to demonstrate the efficiency savings blockchain technology can unlock across the contemporary supply chain.” According to the project’s whitepaper, it “was able to successfully integrate serialized data streams from source to store, connecting the dots between isolated touch points and forging a history for each product that passed through the supply chain.”

On Wednesday’s Crypto Corner we discussed the news that India’s Supreme Court had overturned the country’s central bank, the Reserve Bank of India (RBI), decision to ban crypto dealings from banks in the country. According to a report from the Economic Times today, however, the RBI plans to file a review petition on the ruling, citing concerns that virtual currencies may put traditional banking at risk. But Abhishek A Rastogi, a partner at corporate law firm Khaitan & Co, explained that such action from the RBI may prove ineffective.

“SC may look at the RBI’s review petition but as of now the cryptocurrency platforms can operate in India. Many companies have even gone bankrupt after the RBI’s diktat and they may also look to initiate action in this regard.”

Sam Mowers, Investorideas

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