Home Blog Page 6004

Study: One year later, students and educators in Asia Pacific are beginning to crack the code for online learning

  • New study from Lenovo and Microsoft shows enormous opportunities in e-learning, but limited adoption of full range of solutions
  • Challenges such as such as distraction and social isolation still hamper effectiveness of online education
  • New subscription models, smarter collaboration platforms, AI-enabled devices, and virtual reality can unlock future potential


HONG KONG SAR – Media OutReach – 24 August 2021 – As schools cross the one-year mark since the rapid shift to virtual classrooms, a new study commissioned by Lenovo and Microsoft has found that both students and educators see enormous potential in online learning, but are just beginning to enjoy its advantages. The biggest barriers to success in online learning have not been a lack of technology access, but low use of available solutions and social challenges stemming from extended periods of remote learning.

Conducted by specialist firms YouGov and Terrapin across 12 markets in Asia Pacific during May 2021, the study examined nearly 3,400 students, parents and educators to understand their assessment of e-learning since the pandemic began, including 218 students in Hong Kong, and explored how technology can further engage students and support learning.

“With schools closed in many countries for the better part of 2020, educators, parents and students alike have grappled with new learning technologies. This study has helped us better understand how educators, parents and students have adapted to online learning during the pandemic, what the real challenges are, and what solutions can be deployed to help make learning technologies more effective,” said Fan Ho, General Manager, Hong Kong and Macau, Lenovo.

“The role of technology has become a much needed lifeline in enabling teaching and learning between students and educators today. Despite the challenges faced over the last year, we admire the resilience and adaptability students and educators have had as classrooms shifted from traditional set-ups to virtual environments. As we move forward, it is clear innovation will continue to transform learning experiences – and we remain committed in supporting the industry with the right tools and solutions so that they are equipped for the new age of education,” said Larry Nelson, Regional General Manager, Education, Microsoft Asia.

Technology in education became the norm during the past year – with mixed results


Across Asia Pacific, more than 80% of students and 95% of educators increased their use of technology during the past year, while 68% of students and 85% of educators spent more money on technology during the past year than they had in the previous year. This trend will continue, with 66% of students and 86% of educators expecting to further increase their spending on learning technology in the coming year.

Educators and students had differing opinions on the impact of online classes on educational performance. Educators were relatively positive about their teaching performance online, with 59% confident that teaching performance had improved, and 24% believing it had been maintained. However, students’ assessment was mixed: around a third of students believed their performance had improved, another third believed it had stayed the same during the period of online learning, and the remaining third believed their learning performance had declined.

Accessibility and convenience are major advantages of online learning

 

Among students, accessibility (63%) and flexibility (50%) were named as major advantages of online learning, including the ability to access a broad variety of content and materials from all over the world. Additionally, 62% of students and 67% of educators praised the convenience of eliminating the need to commute.

 

Meanwhile, 64% of educators highlighted the advantages of centralizing the teaching materials in one easily accessible online resource such as Microsoft Teams for Education , along with 50% who commend the fact that e-learning encourages collaborative learning, and allows for more personalised learning and support.

 

Students and educators know what they want – but are just beginning to leverage existing solutions

 

Students and their parents said it was “extremely important” that their technology provides security (50%), privacy (52%), flexible performance (26%), and continuous value (29%). Just 17% considered it to be extremely important to have the lowest possible cost for a technology solution.

 

Educators were also interested in education-specific security (75%) and data privacy (79%), but additionally named collaboration features (64%), student assessment tools (63%), general ease of use (59%), and accessibility features (53%) as extremely important.

 

However, although 72% of students used a laptop such as a Lenovo Yoga and 29% used a tablet such as a Lenovo IdeaPad to access online learning, few had embraced the full suite of learning solutions: just 38% of students used video conference apps such as Microsoft Teams, only 20% used cloud-based document sharing, and 14% used remote access files. Around 15% of students had access to an online learning management system.

 

Almost 95% of educators used a laptop such as a Lenovo ThinkPad for their daily teaching. While 76% had used video conference apps, only 56% used cloud-based document sharing, and just 36% used remote access files. Around 66% used an online learning management system. Additionally, 34% had used a virtual reality platform such as Lenovo ThinkReality.

 

Students and educators find ways to cope with tech support, but distraction, engagement and isolation are barriers

 

Physical distance did not deter students or teachers from getting the technical support they needed while e-learning; although many school technical support teams were unable to cope with the volatile demand, students and educators found alternative sources of support. Students were more likely (33%) to ask a classmate, friend, or younger household member for help than they were to go to school tech support staff (15%). Similarly, 47% of educators addressed their concerns to the school tech support team, but 32% simply tried to find an answer themselves, 31% asked another teacher, and at least 11% consulted with a nearby teenager.

 

Around 14% of educators had embraced device-as-a-service (DaaS). DaaS offers a subscription-based model including laptops, desktops, tablets, tech support, software and management services.

 

Students and educators found the most profound barriers to online learning in the social sphere. More than 60% of students and educators indicated that they experienced weakened social relationships during the period of online learning. The top four factors listed as challenges by students and their parents were distractions at home (54%), less motivation to attend online classes at home (48%), lack of immediate feedback and interaction with teachers/classmates (46%) and social isolation or difficulty in meeting people (41%).

 

While video conferencing applications provide many avenues for real-time interaction, attending all their classes through a screen proved to be challenging for students. 75% of educators listed “students get distracted or lose concentration during live sessions” as one of the major barriers to e-learning.

 

New subscription models, smarter collaboration and devices can unlock potential of online learning

 

“What we see from this study is that there can be enormous benefits from education technologies, but students and educators have yet to embrace its full potential,” continued Amar Babu. “Both students and educators are looking for collaborative, personalized learning – using technologies that can keep them engaged, with the material and with each other. Lenovo is at the forefront of these technologies, with built-in features leveraging Artificial Intelligence, helping create opportunities for online engagement, and providing convenience and reliability.”

 

Lenovo’s services portfolio supports ongoing learning by bringing end-to-end solutions to schools and universities.

  • Lenovo Managed Services equips all devices with cybersecurity software and secure collaboration tools that ensure data protection and student safety
  • Lenovo Device as a Service (DaaS) ensures comprehensive technical management, helpdesk, and support for students and educators on and off campus
  • Lenovo Hybrid Classroom solutions create more dynamic learning environments with all-in-one smart collaboration systems like the ThinkSmart Hub, making it easy for students and educators to connect, share, and learn remotely.
  • VR devices and solutions such as ThinkReality and Lenovo VR Classroom 2 allow educators to further engage and inspire students through virtual reality lessons that enhance students’ understanding of subject matter

As the world adjusts to a new normal, education is entering a new age of teaching and learning. Advanced technologies are paving the way for students to experience immersive learning with real-world applications, and empowering educators to help students continue learning through new and different methods, wherever they may be.  

About the Study


Conducted in May 2021, the research surveyed 783 educators in Asia Pacific, along with 669 parents and 1,935 students aged 16 to 25 above about their experience with e-learning during the global pandemic. Respondents surveyed were from Australia, New Zealand, Malaysia, Thailand, Taiwan, Singapore, Hong Kong, Vietnam, Philippines, Korea, India, and Japan.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$60 billion revenue Fortune Global 500 company serving customers in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that power (through devices and infrastructure) and empower (through solutions, services and software) millions of customers every day and together create a more inclusive, trustworthy and sustainable digital society for everyone, everywhere. To find out more visit https://www.lenovo.com and read about the latest news via our StoryHub.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

#Lenovo #Microsoft

Industrial Technology Research Institute (ITRI) Borrows Experience of EU Experts to Explore New Business Opportunities in Solar Energy Circular Economy

TAIPEI, TAIWAN – Media OutReach – 24 August 2021 – The lifespan of solar photovoltaic (PV) panels can reach 30 years, if not properly disposed of, it is expected that the cumulative amount of global solar module waste will reach 8 million tons by 2030. How to incorporate waste solar modules into the circular economic model is a major issue. With the support of the Department of Industrial Technology (DoIT) under the Ministry of Economic Affairs (MOEA), the Industrial Technology Research Institute (ITRI) innovated the “Easy-Dismantled PV Module” and reinvented the solar module. ITRI introduced easy-to-dismantle materials and new structure designs in the upstream manufacturing end of the solar module value chain, enabling the complete dismantling of waste solar panels, greatly increasing the value of solar module recycling.

The redesign of PV module can toward the net-zero and truly renewable energy future.

 

To further introduce the new technology to the international market, ITRI will hold the “Approaching to Green More: Easy-Dismantled PV Module” webinar on September 16th (Thu), 2021, to analyze EU solar panel recycling trends and opportunities for innovative technologies to enter the international market. The webinar has invited Dr. Frank Lenzmann of the Energy research Centre of the Netherlands to share his experiences and discuss the life cycle of solar PV modules and how to solve the latest environmental challenges.

 

In addition, the ITRI Material and Chemical Research Laboratories will also share the research and development spirit behind the innovation of the Easy-Dismantled PV Module that retains the high conversion efficiency of the PV panel. The webinar also invited high profile listed companies from Taiwan to share the latest PV panel material trends. San Fang Chemical Industry and United Renewable Energy will discuss thermoplastic sealing film technology and trends in the manufacturing capacity of the Easy-Dismantled PV Module. Through this event we hope to unite global companies in availing new technologies and creating industry momentum, developing competitive advantages and becoming future partners. We welcome all of you to join us online!

Event webpage: https://easy-pv-module.itri.org.tw/


#IndustrialTechnologyResearchInstitute

Laos Confirms 336 New Cases of Covid-19

Covid-19 Update

Laos has recorded 336 cases of Covid-19 today, bringing the total number of cases to 12,957.

Vingroup’s leader shares information about their battery strategy for Vinfast’s electric vehicles

Battery for electric vehicles (EVs) that can charge to 80% in five minutes, 100% solid-state battery without risk of fire with capacity three times higher than current lithium batteries. Technologies of the future are about to be featured on VinFast’s EV models. These were shared by Vingroup’s Vice Chairwoman Thuy Le as she talked about the car maker’s big plan for electrification.

HANOI, VIETNAM – Media OutReach – 24 August 2021 – Aiming to get ahead and gain a competitive advantage in the global EV market, VinFast has been proactively seeking for and partnering with top prestigious firms in battery making – a key to the future of electric cars.

Vingroup’s Vice Chairwoman Thuy Le revealed that VinFast is teaming up with a number of leading companies in battery research and manufacture from the US, Israel, Taiwan, etc. to ensure that VinFast’s EV models will be equipped with cutting-edge batteries.

Specifically, VinFast is collaborating with Israeli StoreDot, a company well-known for its extreme fast charging technology that allow battery to charge to 80% of capacity in only 4-5 minutes. This used to be seen as impossible but StoreDot’s technology has been proven to work effectively on cellphones, drones and e-scooters. Instead of graphite, StoreDot uses nanoparticles in their batteries, which allows much faster charging speed compared with current technology. Therefore, StoreDot is said to be a pioneer in the world’s new energy sector.

This means that VinFast may become one of the few electric car firms with the most advanced battery technology that has never been acquired by any famous electric car company in the world, not even Tesla.

Notably, Vice Chairwoman Thuy Le also mentioned the strategic partnership between VinFast and Taiwanese ProLogium (PLG) – a leader in research and production of 100% solid-state batteries. ProLogium has been a pioneer in commercialising this technology since 2013 and became the world’s first company that possessed a 100% solid-state battery experimentation facility for cars in 2017.

With advantages of extremely rare possibilities for fire or explosion, wide range of operating temperatures and three times higher energy density compared with lithium-ion battery, the 100% solid-state battery is considered the technology of the future, a catalyst for the EV revolution. Therefore, this collaboration will give VinFast considerable advantages in the race for global EV market share.

Another remarkable name is Gotion High-Tech – a major company in battery development and manufacture in China and across the world. It is well-known for LFP battery technology. Gotion has just signed an MoU with VinFast. The LFP battery can be produced at a low cost and is suitable for mid-range electric cars and has potential to universalise green transportation in the world.

Vingroup also disclosed that it is carrying out R&D activities on its own in addition to seeking external resources. Research institutes with world’s leading experts under Vingroup’s business ecosystem together with its new subsidiary – VinES Energy Solutions JSC – play an essential role in this task.

These three pillars will help VinFast achieve both self-sufficiency in EV battery supply as well as the highest quality of batteries in use.

As regards production, Vingroup’s Vice Chairwoman said VinFast has plans to establish battery production facilities in Europe and the US, as well as their factory in Vietnam. This will be an important part of VinFast’s journey to become a global smart electric vehicle company and efforts to accelerate the trend of green transportation in the world.

#VinFast

#Vingroup

Arlo Wins Three 2021 Red Dot Design Awards

Essential Wireless Video Doorbell, Essential Spotlight Camera and Pro 3 Floodlight Camera Recognised for Standout Design

SINGAPORE – Media OutReach – 24 August 2021 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced it has been awarded three 2021 Red Dot Design Awards highlighting its Essential Wireless Video Doorbell, Essential Spotlight Camera and Pro 3 Floodlight Camera.

 

The Red Dot Award is an international competition recognising product design, communication design and design concepts. The judging panel of 50 international experts test and evaluate the year’s best products that excel in functionality and are aesthetically appealing, smart, durable, self-explanatory, ecological, and innovative, while standing out in design quality.

 

“Arlo is focused on creating highly advanced, yet beautifully designed products that focus on real user needs. This philosophy drives us to deliver industry-leading products that enable our customers to protect the people, places and things that matter most to them,” said Brad Little, Vice President and Managing Director APAC at Arlo. “The Red Dot Design Award wins underscore our commitment to innovation, and we are honored to receive not one but three awards.”

 

The Essential Wireless Video Doorbell boasts a versatile, wire-free, battery-powered design that captures what conventional video doorbells can’t. An industry-leading, 180-degree viewing angle with a square, 1:1 aspect ratio, ensures users can see packages on the ground or visitors from head-to-toe. The Essential Spotlight Camera features 1080p FHD video, two-way audio and an integrated spotlight with color night vision, all packed into a beautifully compact, wire-free design that is easy to install. Lastly, the versatile, wire-free Pro 3 Floodlight Camera offers powerful LEDs, an integrated 2K HDR camera, 160-degree field of view and custom lighting configurations. The floodlight camera features a sleek, fully integrated design to please even the most discerning homeowners.

 

For more information on the full range of Arlo smart home security products and services, visit www.arlo.com/asia.

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and LTE-enabled security cameras, audio and video doorbells, and floodlight.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo doesn’t monetise personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995:

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent Arlo Technologies, Inc.’s expectations or beliefs concerning future events based on information available at the time such statements were made and include statements regarding the Arlo Essential Wireless Video Doorbell, Arlo Essential Spotlight Camera and Arlo Pro 3 Floodlight Camera and future Arlo products. These statements are based on management’s current expectations and are subject to certain risks and uncertainties, including the following: future demand for the Company’s products may be lower than anticipated; consumers may choose not to adopt the Company’s new product offerings or adopt competing products; and product performance may be adversely affected by real world operating conditions. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Further information on potential risk factors that could affect Arlo and its business are detailed in the Company’s periodic filings with the Securities and Exchange Commission, including, but not limited to, those risk factors described in the Company’s Annual Report on Form 10-K for the year ending December 31, 2020. Given these circumstances, you should not place undue reliance on these forward-looking statements. Arlo undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

#Arlo

Falcon Mobility Launches New Ultra-Lite 2 Electric Wheelchair

SINGAPORE – Media OutReach – 24 August 2021 – Falcon Mobility is excited to announce the launch of its new lightweight Ultra-Lite 2 electric wheelchair. With this launch, the company aims to provide the elderly and disabled communities with a new affordable and lightweight wheelchair option, making it more convenient for caregivers to transport their wards’ personal mobility aids to and from a vehicle.

This model is the evolution of Falcon Mobility’s popular Ultra-Lite “D” motorised wheelchair. Weighing only a mere 16 kilograms – excluding the weight of the battery and footrest – the Ultra-Lite 2 is one of the lightest and most portable wheelchair options in Singapore. It features an improved controller that affords users greater manoeuvrability, leading to a much smoother ride. The upcoming 2022 version will even feature an attendant control bracket that allows caregivers to mount the controller on its handle to steer the electric wheelchair.

There are also further quality-of-life enhancements made to the Ultra-Lite 2 to provide its users and their caregivers greater convenience. The device’s armrests can now be flipped up to facilitate patient transfer from the side, making it easier for caregivers to transport their wards from the bed to the wheelchair and vice-versa. Furthermore, should the user’s or caregiver’s smartphone run out of battery when they are outdoors, they can now charge their phones with the Ultra-Lite 2 using a USB cable as the electric wheelchair features a dedicated USB port for mobile devices.

As more members of the elderly and disabled communities begin to embrace personal mobility aids to regain their independence, Falcon Mobility hopes the improvements featured in the Ultra-Lite 2 electric wheelchair will provide its customers with greater convenience when they are travelling around Singapore. In addition to its motorised wheelchairs, Falcon Mobility also offers a wide range of personal mobility aids, including mobility scooters and walking aids, all of which are shipped globally.

 

For more information on the company’s products, please visit https://www.falconmobility.com.sg/. 

 

#FalconMobility

Total Information Management Corporation joins hands with Nexusguard to build the first true-hybrid DDoS Scrubbing Center in the Philippines

Transforming into a Managed Security Service Provider enables TIM to offer carrier grade Managed DDoS Protection Services in the Philippines

MANILA, PHILIPPINES – Media OutReach – 24 August 2021 – Total Information Management Corporation (TIM), a leading technology solutions provider in the Philippines, announced its strategic partnership with Nexusguard, a leading DDoS security solution provider, to build the first true-hybrid DDoS scrubbing center in the Philippines, providing carrier grade DDoS protection services to enterprises and government agencies.

 

“The rising security demands of the market has driven TIM to become a MSSP. We are pleased to announce that TIM is building the first true-hybrid DDoS scrubbing center in the Philippines and launching our new Managed Security Service in 2021. The Managed Security Service will be backed by a strong team of cybersecurity professionals which was formed in 2019. The Managed Security Service will provide cost effective DDoS protection with the best cybersecurity experience to our customers.” Sunver Z. Bastes, the President of Total Information Management Corporation said.

 

“Deploying a solution to protect one’s infrastructure from DDoS attacks is one thing. Delivering it as an actual service to one’s customers is not only expensive but also extremely challenging. We are impressed by the effort that TIM has been putting into the MSSP transformation process and their eagerness to launch a quality hybrid Anti-DDoS service in 90 days after joining Nexusguard’s Transformational Alliance Partner program.” Andy Ng, CEO of Nexusguard said.

 

The new true-hybrid DDoS scrubbing center offers both on-premise, always-on first, and cloud-first DDoS protection services at the same time. This is possible because TIM’s on-premise aspect operates in conjunction with the Nexusguard’s global 2.24 Tbps scrubbing network to deliver on-premise value at the customer’s network, while also enjoying Nexusguard’s cloud protection for traffic coming from the rest of the world. The managed security service is backed by a strong local SOC team with 20+ cybersecurity professionals, who operate on the frontline, monitoring, mitigating, and resolving DDoS attacks.

 

Key features of TIM’s managed security services:

  • Carrier grade DDoS protection on applications, web services, networks and DNS servers.
  • Accommodate and address the needs of customers with a variation of different requirements, and offer a combination of services all at the same time.
  • Ability to operate both on-premise, always-on first, and cloud first at the same time, while offering the flexibility of delivering either full on-premise or full cloud protection.
  • Seamless compliance with a mix of data sovereignty policies for on-premise, within the country and in the cloud.
  • A strong local SOC team providing 24x7x365 service.
  • Full visibility and control via the customer portal.

For more information about TIM’s managed security services, please visit: https://timcorp.net.ph/

About Total Information Management Corporation

Total Information Management is a leading technology solutions provider in the Philippines, offering Business IT and Data Center solutions to companies across various industries globally. They have expertise in a range of business sectors, including turn-key enterprise solutions, core banking solutions and managed services. Their Filipino heritage is at the center of their business, and they are based in Makati City, Philippines.

Visit timcorp.net.ph for more information.

#TotalInformationManagement


About Nexusguard

Founded in 2008, Nexusguard is a leading cloud-based distributed denial of service (DDoS) security solution provider fighting malicious internet attacks. Nexusguard ensures uninterrupted internet service, visibility, optimization, and performance. Nexusguard focuses on developing and providing the best cybersecurity solution for every client across a wide range of industries with specific business and technical requirements. Nexusguard also enables communications service providers to deliver DDoS protection solutions as a service. Nexusguard delivers on its promise to provide you with peace of mind by countering threats and ensuring maximum uptime.

Visit http://www.nexusguard.com for more information.

#Nexusguard

Blockchain Security Firm CYBAVO Raises $4 million in Pre-Series A Funding Round

SINGAPORE – Media OutReach – 23 August 2021 – Singapore-based blockchain security firm CYBAVO announces that it has raised $4 million USD in its Pre-Series A funding round. The round, completed in June, was co-led by global venture capital firm 500 Startups, Taiwan’s H&D Asset Management Company and New Economy Ventures. Other investors from Taiwan, Silicon Valley, Singapore, Hong Kong and Japan also participated in the round.

 

“The company intends to use the latest funding to fuel expansion in the East Asian, European, and North American markets,” says Paul Fan, CEO of CYBAVO. “The funds will also be used for continued investment in the research and development of cybersecurity and blockchain technology, and to further raise the level of customer and product satisfaction.”

 

Digital asset custody and management is a USD $20 billion market, but not many companies offer end-to-end turn-key solutions for enterprises and institutional investors. CYBAVO offers these investors a solution to achieve frictionless adoption of crypto assets with a focus on digital asset security and regulatory compliance.

 

This year, CYBAVO was accepted into 500 Startups’ flagship accelerator program. Through the program, it will have access to its global network of mentors, founders, and industry stakeholders. The company also opened its first European office in Luxembourg and completed Fit 4 Start, Luxembourg’s leading startup acceleration program. The program provided CYBAVO with tailored coaching, funding, access to key network connections, and advice on regulations and the market in Europe. In June, CYBAVO won first place in SelectUSA Investment Summit’s Cybersecurity pitching session, a program led by the U.S. Department of Commerce. These achievements further showcase the company’s intent to deliver a successful international expansion.

 

“The digital asset market has grown rapidly over the past couple of years, but the market lacks a secure institutional grade end-to-end solution. Thanks to the experience and vision of CYBAVO’s founding team, we think there’s great potential for the company to develop into a full-stack digital asset management platform,” said Shawn Chu, Principal at 500 Startups.

 

When asked about his insights on the future of digital assets, Managing Partner at New Economy Ventures Ethan Tsai said, “We are optimistic about the future growth and development of digital assets and blockchain technology and we are particularly interested in partnering with technology companies that can provide infrastructure for crypto assets. We believe CYBAVO can leverage its long-term technical and talent advantage in cybersecurity to address the huge market potential of “real assets to crypto assets”.”

 

“With an ever-increasing number of transactions taking place, cryptocurrency and digital assets are undoubtedly one of the fastest growing trends today. The protection of these assets is the basic building block of this industry, and one of the most important issues the industry must tackle is how to manage private keys in a secure and efficient way. I’m very glad that the team at CYBAVO can present an unrivaled solution for private key management. This solution not only provides security, but it’s also an end-to-end, intuitive and easy-to-use system that increases operational efficiency. We trust that CYBAVO’s institutional wallet solution will make transactions in cryptocurrency as safe and convenient as transactions in traditional banking institutions we’ve come to trust. Here at H&D Asset Management we’re happy to be a part of CYBAVO’s growth, and proud to witness its journey to becoming a leading organization in the cryptocurrency industry,” said Chu Ping-Yu, Chairman of the Board at H&D Asset Management.

 

CYBAVO is the leading provider for blockchain security solutions in Asia Pacific. Its extensive list of enterprise customers include cryptocurrency exchanges, fund management companies, cryptocurrency wallet providers, and fintech service providers. The company is insured by S&P AA-rated global reinsurance company, and holds certifications for ISO 27001 and NIST’s Cryptographic Module Validation Program.

About CYBAVO

CYBAVO was established in 2018 by a team of cybersecurity veterans with backgrounds in blockchain security, cryptography, computer security, malware analysis and web security. Its mission is to provide the most advanced digital asset custody by developing a custom security-hardened operating system, patented encryption technology, and a highly secure sandboxed environment to deliver its suite of solutions, including its flagship product, the CYBAVO VAULT.

#CYBAVO