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The Proven Growth Strategy in Tech: Blockchain and Decentralization

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The Proven Growth Strategy in Tech: Blockchain and Decentralization

Disillusionment with traditional and centralized social platforms is growing. People are increasingly aware of the drawbacks of huge and powerful centralized social platforms such as Facebook, as the recent Cambridge Analytica scandal highlights. These companies are now worth hundreds of billions of dollars, yet none of that value has trickled down to the people who made it possible in the first place; the users. According to Statista, youngsters are leaving the social media platform, and this trend is expected to continue through 2018. As such, blockchain companies such as International Business Machines Corporation (NYSE:IBM), Social Reality Inc. (NASDAQ:SRAX), Global Blockchain Technologies (CSE:BLOC) (OTC:BLKCF), BTL Group Ltd. (TSX-V:BTL), and HelloPal International Inc. (CSE:HP) (OTC:HLLPF) are ushering in a new business model for social platforms.

The Danger and Inequality of Centralized Social Platforms

There’s no denying the impact and influence that social platforms have on people’s lives nowadays. Much of this influence has been positive, as witnessed by how such platforms have been used to bypass repressive authoritarian censorship and even foment real political change previously thought impossible, such as the Arab Spring of 2011.

But it hasn’t all been roses. The amount of user data that these social platforms have access to is staggering, and dangerous.

There is also the issue of rising inequality exacerbated by the tech giants of today. Facebook has a market cap of well over $500 billion, yet the users who made this possible have seen none of this value. Take all this into account and it’s easy to see why there is a growing disillusionment with the current business model of giant tech companies that feed off the users and give little back in return.

HelloPal: New Age Peer-To-Peer Socialization 

The advent of blockchain technology has been dubbed as the ‘fourth industrial revolution’, and its decentralized model has the potential to upend the traditional social platforms’ business model.

This is the reason why HelloPal International Inc. (CSE:HP) (OTCPK:HLLPF), a mobile social application which allows its 3 million registered users from all over the world to help each other with language learning and travel arrangements, is moving its platform to blockchain.

HelloPal International Inc. (CSE:HP) (OTCPK:HLLPF) has recently partnered with Shanghai Yitang Data Technology Co. Ltd to transform its mobile app into a blockchain-based one. Shanghai Yitang is a leading research and development company that is now an expert in implementing cutting-edge blockchain technology for companies. It has also partnered with the $80 billion Japanese conglomerate SoftBank Group in this particular area.

Further, unlike many companies which ride on the blockchain label to cash in on the hype, the move to blockchain is a natural evolution for HelloPal International Inc. (CSE:HP) (OTCPK:HLLPF). As CEO KL Wong, who holds a Masters from the University of Cambridge and was the President of SoftBank’s international venture capital and private equity division, states:

“Blockchain technology and decentralization are a natural fit for Hello Pal. The Company’s mission has always been to bring the world closer together, and the global and borderless nature of decentralization will enable the Company to create an even more borderless and all-inclusive platform for users all over the world. We instantly saw the synergy between the ideology of blockchain and Hello Pal’s core values and direction.”

Everyone Uses, Everyone Rewarded 

3 million people from around the globe have used HelloPal International Inc.’s (CSE:HP) (OTC:HLLPF) app. This is an impressive number and has moved the company out of the very difficult ‘Stage 0’ and into ‘Stage 1’, but for the company, it’s all about going beyond that and making it a widely accessed global platform. These 3 million users currently operate on a ‘you help me, I help you’ basis but that’s about to change. Once the company makes the full transition to a blockchain-based platform, its users will gain a level of control and transparency as well as an in-built rewards and incentives system not seen in traditional social media apps.

By moving its platform to the blockchain, HelloPal’s users will experience a truly trustless system. Because of its decentralized nature, users don’t have to trust in a central authority like Facebook to keep their data safe; the innate characteristics of the blockchain do that itself. This will create a true peer-to-peer community that can interact with each other in a manner that is simply impossible on the major social platforms of today.

The shift to a blockchain-based platform will also allow HelloPal International Inc. (CSE:HP) (OTPKC:HLLPF) to offer a variety of other use cases for its app beyond simple language learning and travel help. The updated platform will be a comprehensive ecosystem which will allow each user to obtain various benefits beyond what is presently available. Everyone uses the platform, and everyone is rewarded.

The combination of additional benefits and increased use cases will be a powerful catalyst for user growth. And when the number of users increase, that is a big potential mover for HelloPal International Inc. (CSE:HP) (OTC:HLLPF).

Other Companies Banking on the Power of Blockchain

IBM (NYSE:IBM) – IBM has been investing heavily into blockchain with the aim of bringing the revolutionary technology into its mainstream business. The company launched its blockchain business about sixteen months ago, with approximately 1,500 employees currently working on blockchain projects. IBM is currently working with retail giant Walmart to track their food supply chain using blockchain. It’s also working with shipping giant Maersk on using How to Keep Your Phone Number When Using a Travel SIM Cardblockchain for logistics.

Social Reality Inc. (NASDAQ:SRAX) – Social Reality is a digital marketing and data management platform company. Its technology delivers the tools to unlock data to reveal brands and content owners’ core consumers and their characteristics across marketing channels. The company recently launched the alpha version of its blockchain identification graph platform, BIG. Through BIG, SRAX is developing a consumer-powered data marketplace where people will own and sell access to their data, thereby providing everyone in the Internet ecosystem transparency, choice and compensation. SRAX’s technology and tools deliver a digital competitive advantage for brands in the healthcare, CPG, automotive, sports and lifestyle verticals.

Global Blockchain Technologies (CSE:BLOC) (OTCPK:BLKCF) – Global Blockchain Technologies is seen as both a hedge fund-type entity that invests in the cryptocurrency market and an incubator for the blockchain technology. The company is managed by a team of industry pioneers and early adopters of all major cryptocurrencies. Its Chairman Steven Nerayoff took part in the creation of Ethereum and helped to engineer the currency’s meteoric rise. Last year, Global Blockchain signed an arrangement to acquire a partial ownership of KodakCoin, the world’s first corporate-branded cryptocurrency. The company is now hoping to branch out into video games, an industry that already uses cryptocurrencies for in-game transactions.

BTL Group Ltd. (TSX-V:BTL) – BTL Group offers blockchain solutions for a wide range of industries, including finance, energy, and even fantasy sports. BTL is a technology provider that owns Interbit, a blockchain-powered platform which enables money transfers. Interbit can be licensed by developers and businesses which can build and share their own applications in a trusted ecosystem, allowing them to embrace new revenue-generating opportunities. The platform meets the speed, scale and privacy that older generations of blockchain technology cannot achieve by using chain joining technology to connect multiple blockchains.

Blockchain Companies Could be the New Tech Giants of the Future

As more and more people and governments across the world begin to question the outsized influence that traditional centralized social platforms have on society, a clear shift is happening. While social platforms are not going anywhere, their business models will have to evolve. Decentralization via blockchain is that evolution and HelloPal International Inc. (CSE:HP) (OTCPK:HLLPF) is one company that is ready to take advantage of this shift; the company’s Asian focused roadshow campaign begins on June 28th 2018.

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First of a kind Virtual Coffee Machine app with social meeting moments to support workforce wellbeing in a remote workplace

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First of a kind Virtual Coffee Machine app with social meeting moments to support workforce wellbeing in a remote workplace 1

Powell Software’s first in a series of wellbeing technology innovations help remote employees socially connect with colleagues and keep the workplace culture alive

As the third UK lockdown continues and many countries worldwide face severe restrictions, Powell Software, a global organisation creating digital solutions and tools for the digital workplace, has launched the first of its kind Virtual Coffee Machine, an application within Microsoft Teams to ensure employees stay better connected, positively engaged and take regular breaks while working from home.

With employee wellbeing at the top of the global workforce agenda for 2021, Powell’s Virtual Coffee Machine app positively connects employees through virtual chats to maintain a culture of togetherness, even when apart.

Replacing the absence of the in-person coffee catch up, HR can swiftly set up a Virtual Coffee Machine break within any Teams channel, encouraging employees to take regular short breaks while inspiring networking and socialising between colleagues.

Matthieu Silbermann, Chief Product Officer at Powell Software said: “The effects of the Pandemic have reshaped the Digital Workplace and research has found that three quarters of employers intend to shift some employees to remote work permanently. However, with one in five remote employees naming loneliness as their top complaint regarding work from home, reinforcing togetherness needs to be a top priority.”

Take a virtual coffee

HR can set up a Virtual Coffee Machine meeting within any Teams channel defining time, frequency and date, and number of people. The app then uses an algorithm that collects data from employees registered in Powell Teams, automatically comparing outlook calendars and generating meeting invites based on the criteria of the meeting. For example, if the Virtual Coffee Machine meeting criteria was set at a maximum of five people and ten people are available to join then two meeting invitations would be sent.

Virtual Coffee Machine consciously avoids one to one or full team meetings, focusing on creating intimate, short social breaks where employees can take time out to engage with colleagues in a positive digital space.  Colleagues can also ‘travel’ to differently located virtual offices across their organisation to meet colleagues for a coffee break in different virtual buildings.

Employees are unaware of who else will join the group until the event, to encourage different team members to meet, chat and get to know each other. The app automatically books an agenda and also suggests ice breakers like ‘what was the last film you saw or book’?

If a team member does not want to or cannot join a Virtual Coffee Meeting, they simply decline the meeting invitation.

Silbermann continues: “Powell Software is passionate about connecting employees to their organisation and to each other, ensuring that they have a positive and stimulating experience at work, every day. Remote workers need to be connected, they need to feel part of the company, the culture and feel able to socialise in the hybrid or remote workplace.

“Powell’s new Virtual Coffee Machine app is all about the employee. We all miss the little social moments at the office, whether they be at the coffee machine or the cold water fountain. Coffee Machine allows us to progressively see our workplaces positively come to life again in a virtual way, promoting connectivity, collaboration and employee wellbeing. It’s part of a bigger goal and series of initiatives to bring the virtual building to life.”

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Top 5 Ways To Lose Your Video Files

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Most Video Content Created in the Summer Months, Finds Veritas Research

There are lots of reasons why you can lose video files in your system or device. While some of these problems are avoidable, others are inevitable. Simply put, it is only a matter of time before the latter problems will be experienced. The major challenge is that most people don’t understand why their video files are either missing, damaged or deleted.

Are you amongst those mentioned above? Do you always ask why a video file can get lost, deleted or damaged? Don’t waste time to rack your brain on a such topic/matter. This is because you have come to the right place. This well-researched blog will provide you all the top reasons why you are losing your video files. Before thinking about which video recovery software to start using, it is recommended you know why files are getting lost in your system.

Power outage

This is a common problem that is responsible for loss of data. However, most people are yet to discover it. Have you ever noticed any situation whereby there is sudden power outage in your system? Simply put, your system suddenly shuts down. In such case, applications and other files (photos, videos, audios and doc) will be closed without any prior warning. The implication of this is that your video files are likely to get damaged.

Top 5 Ways To Lose Your Video Files 2

You may want to argue that systems come with batteries. Therefore, there will not be a problem of power shut down. This is not true in any way as power shut down can happen due to some reasons. It could even be that your system is malfunctioning. Even when your video files are not damaged through such incident, there is every chance that your hard drive will be adversely affected.

Faulty hard drive

If your hard drive is damaged due to one reason or another, there is every chance that your video files will be lost, damaged or deleted. Most of the cases related to data losses can be traced to malfunctioning hard drive. In case you don’t know, hard drives are very fragile. They can easily become faulty because of poor handling. If your hard drive crashes, it is recommended you find out what must have led to such problem. Trying to use a data recovery tool without knowing the root cause of the problem won’t do any good.

There are numerous factors responsible for a faulty hard drive. These could be hot system, frequent crashing, constant freezing, slow processing speed, booting up issues. The longer you ignore these problems; that is how your hard drive will be further damaged. This will in turn lead to loss of video files.

Human error

The truth is that as humans, we are always bound to make mistakes. These could sometimes prove very costly since they can bring about loss of video files. There are cases when important business files have been deleted mistakenly in the past. Human errors are very common. They can bring about formatting of hard drive, data loss and repair of system.

The only way to avoid this problem is to ensure you understand files to be deleted or retained. Most people don’t read messages displayed in dialogue boxes before clicking on “Delete” buttons. This is an easy way to delete important video files without knowing.

Computer viruses

Computer virus is one of the major reasons why people lose video files. Just as the digital world is becoming increasingly popular, viruses and malware are also waxing stronger. One of the most notable causes is when you begin to explore unsecured websites. It can also happen when corrupt files are downloaded and installed in your system.

When your system has been compromised by viruses and malware, there is a very high chance of losing vital files like doc, videos, audios and photos. You will try to open these files but they won’t respond. The best way to overcome this problem is using anti-virus software. This will help to monitor your browsing habit online.

Hard drive formatting

This happens to be another major cause of data loss. Most people format their hard drive without backing up vital files. In the end, these files are lost. Without the help of a paid or free recovery software, you may struggle to get back such data.

It is recommended that you backup important video files before initiating such a process. There are lots of ways to do this. For instance, you can use an external hard drive or even store such files online. This will save you the stress of spending unnecessarily on a data recovery software.

Final words

When it comes to losing your video files, there are lots of reasons which could be responsible for such problem. The tips shared above can help you to a great extent. All you have to do is ensure they are avoided.

 

This is a Sponsored Feature.

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BNP Paribas joins forces with Orange Business Services to deploy SD-WAN for 1,800 retail sites in France

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  • Co-construction approach ensures business continuity during deployment

BNP Paribas has chosen Orange Business Services to deploy an SD-WAN solution in more than 1,800 bank branches across France. Focused on developing and integrating new digital solutions, BNP Paribas continues to provide the highest standards to improve user experience for customers and employees alike.

By integrating Flexible SD-WAN from Orange Business Services, BNP Paribas benefits from a modern and agile technological platform to accelerate its digital transformation. This enables quick and easy deployment of multiple services, such as dynamic routing and path selection, with scalability and flexibility. It also empowers administrators to monitor infrastructure performance and resolve potential network congestion through simple software modifications, thereby optimizing application performance. By deploying SD-WAN, BNP Paribas can take advantage of a fully secure hybrid network that is natively multi-cloud, multi-access and multi-application. The Bank will also benefit from optimized and centralized management and intelligent routing for its new infrastructure.

Close collaboration between business and IT for greater agility

From the start of the project, experts from Orange Business Services and BNP Paribas built the solution design together and prioritized the features to be deployed. More than 3,600 access lines—two per branch, including one Internet access line – are currently being rolled out with a focus on maintaining business continuity for each site during the migration. In addition to the SD-WAN overlay, firewalls for enhanced security are also part of this deployment.

“It was paramount for us to choose a partner who already had proven experience implementing and operating SD-WAN solutions. Orange Business Services stood out as this trusted partner. In addition to their IT expertise, the Orange teams demonstrated a great ability to understand our business challenges, and they knew what needed to be done to support our end-to-end digital transformation. This close collaboration between our teams from the very beginning of the project was one of the keys to its success and to a smooth roll out,” said Bernard Gavgani, Chief Information Officer at BNP Paribas Group.

“We are delighted to support BNP Paribas in their transformation program and deploy the first large-scale SD-WAN project in the retail banking industry for the French market. An indepth understanding of our customers’ business needs is essential to co-develop customized and innovative solutions. Orange Business Services will continue to accompany BNP Paribas’ central and local teams to learn and develop their SD-WAN skills,” said Nadine Foulon-Belkacémi, Executive Vice President, French Major Clients at Orange Business Services.

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