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SmartCash Announces Success of Community-Approved Initiatives Funded by SmartHive Project Treasury

Recent accomplishments by proactive community members demonstrate effectiveness of remarkable community-centric design

NEW YORK, May 31, 2018 (GLOBE NEWSWIRE) — via NetworkWire — SmartCash, a community governance, cooperation and growth focused crypto-asset created via blockchain technology, today provides a recap of its completed community initiatives. Each project was made possible via the SmartHive Project Treasury, which is funded by a portion of the block rewards and then directed via SmartCash holders who participate in SmartVoting.

Building the Future

Proposals to the SmartCash community include nearly as many ideas as there are participants, with each garnering its share of interest in the voting process for SmartHive funding support. The 22 successful projects funded and completed include:

  • Sponsorship of the largest innovation and technology event in Mexico where tens of thousands gathered and could watch a presentation on SmartCash
  • A month-long program that provided up to 2,500 meals every Sunday to feed hungry people in Venezuela and teach them about self-reliance through SmartCash
  • Introduction of SmartCash at one of the top business schools in France via a SmartEvent conference tailored to university students
  • Creating, funding and running a soccer program for vulnerable children and young adults in Brazil
  • Introduction of SmartCash to students and teachers at five universities in Ghana
  • Production of Actuarial Blockchain Educational Videos that feature the potential and rewards of blockchain technology in finance
  • Expansion of the SmartCash Roadshow in Ghana to merchants seeking avenues to exchange cryptocurrencies for goods and services in Africa
  • Sponsorship of a Mexican MMA fighter
  • Listing SmartCash on MasterNodes.Online to increase visibility among cryptocurrency enthusiasts
  • Development of a university-level crypto-course featuring SmartCash
  • Training dozens of Cameroonian youths to become financially literate through the use of SmartCash in entrepreneurial pursuits
  • Promote SmartCash at a crypto-blockchain event on the Smart Services Campus in the Netherlands

Expanding the SmartCash Ecosystem

Incubating and expanding the SmartCash community is inherently built into each proposal. Participants enthusiastically express an excitement and willingness to elevate the SmartCash brand and its focused approach to building up entrepreneurs, solving problems, and creating a universal path to a better world. Funding has already been allocated for another 35 community-driven proposals that are poised to further increase the visibility and acceptance of SmartCash throughout the world.

“Our community-centric design allows us to tap into a diverse array of talents, enjoy major gains in efficiency, and give everyone the opportunity to make a significant impact with their unique ideas,” a spokesperson for the SmartCash community stated. “As more and more people around the world join our growing community, we’re excited to see all the new ways being introduced that will further increase our reach and functionality.”

Accessibility to Everyone

The SmartCash community extends an open invitation to anyone who wishes to join and pitch their ideas. To learn more about the process of submitting a proposal, visit the SmartCash website and select one of the many options available to engage.

About SmartCash

SmartCash (Crypto: SMART) is a blockchain-based crypto that sets itself apart with community governance, a self-funded SmartHive Project Treasury, and mining accessibility to standard PCs. With emphasis on community involvement and merchant adoption, SmartCash aims to create the most nimble and fastest-growing crypto.

To learn more about SmartCash, visit: https://smartcash.cc/

Interactive Flipbook

To learn more about SmartCash via an interactive flipbook, visit http://smartcash.blockchainnewssource.com/flipbook/

Engage with the SmartCash Community

Discord chat via https://discord.gg/BDUh8jr
Telegram chat via http://bit.do/smartcash
Twitter social media via https://twitter.com/scashofficial
Facebook social media via https://www.facebook.com/scashofficial
YouTube via https://www.youtube.com/channel/UCzwZxu6BtWcRiQXdPqNeB5Q/featured

SmartCash Contact
SmartCash
https://smartcash.cc
hello@smartcash.cc

Blockchain Relations Contact
Blockchain Relations
http://www.blockchainrelations.io
614-465-6025
press@blockchainrelations.io

Bahamas Blockchain and Cryptocurrency Conference on Grand Bahama, June 2018

FREEPORT, Grand Bahama, May 30, 2018 (GLOBE NEWSWIRE) — The Bahamas Blockchain and Cryptocurrency Conference was officially announced by Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. J. Kwasi Thompson, during a recent press conference.

The conference, scheduled to be held June 20 to 22 at the Grand Lucayan, was described by Minister Thompson as, “our coming out party” for Blockchain and FinTech. It is anticipated that representatives from 500 companies will converge on Grand Bahama, where investors and entrepreneurs will meet.

Announcing plans for the upcoming conference, the Minister said, “I’m pleased to announce The Bahamas Blockchain and Cryptocurrency Conference (BBCC) is designed to attract investors, entrepreneurs and service providers and tech companies from all over the world who are focused on making investments, starting and developing companies and building business relationships with blockchain technology.

Further the BBCC will provide The Bahamas, particularly Grand Bahama, with an opportunity to present itself to the world as a jurisdiction that has an established framework, financial and immigration policies that are favourable for technology and FinTech companies that want to incorporate and be domiciled here in The Bahamas.”

Some of the topics to be discussed: The Technology Sector of The Bahamas is Open for Business; Why Should We Invest in The Bahamas; A Global Perspective on Regulatory Framework for CryptoCurrency and ICOs; and What Does the Future Look Like for Blockchain, CryptoCurrency and FinTech Solutions.

“We also anticipate that this conference will serve to present Freeport, Grand Bahama as an ideal location to establish offices and global headquarters for new technology companies.” Sponsors of the event include Aliv, the Grand Bahama Port Authority, BTC, Cable Bahamas, Grand Bahama Power Company, and GIBC.

“The government also believes that it is critical to not only talk about Grand Bahama and all we have to offer, but to open our doors and welcome the global community to see for themselves and dialogue with the local business community.

Grand Bahama is open for business and we welcome our international business representatives to discover what our island has to offer.” He encouraged Bahamian business persons and aspiring entrepreneurs to be a part of the conference. For more information and to register, visit https://www.blockchainbahamasconference.com.

The Islands Of The Bahamas have a place in the sun for everyone from Nassau and Paradise Island to Grand Bahama to The Abaco Islands, The Exuma Islands, Harbour Island, Long Island and others. Each island has its own personality and attractions for a variety of vacation styles with some of the world’s best scuba diving, fishing, sailing, boating, golf, as well as, shopping and dining. The destination offers an easily accessible tropical getaway and provides convenience for travelers with preclearance through U.S. customs and immigration, and the Bahamian dollar at par with the U.S. dollar. Do everything or do nothing, just remember It’s Better in The Bahamas. For more information on travel packages, activities and accommodations, call 1-800-Bahamas or visit www.Bahamas.com. Look for The Bahamas on the web on Facebook, Twitter and YouTube

Attachments

Anita Johnson-Patty
Bahamas Ministry of Tourism
954-236-9292
ajohnson@bahamas.com

Interview: ‘I Cannot Express The Pain And Helplessness I Feel’

Nurbiye Nurtay, an ethnic Uyghur Muslim from northwest China’s Xinjiang Uyghur Autonomous Region (XUAR), has been living in Malaysia practicing traditional Uyghur medicine for the last three years. She lost contact with her family in Ghulja (Yining) county, in the XUAR’s Ili Kazakh (in Chinese, Yili Hasake) Autonomous Prefecture, nearly a year ago, and only recently discovered that her 60-year-old mother, Elenur Eqilahun, is being held in one of the many political re-education camps throughout Xinjiang, where authorities have been detaining Uyghurs accused of harbouring extremist and politically incorrect thoughts since April last year. While she is unsure of Eqilahun’s location, Nurtay recently told RFA’s Uyghur Service that she believes police detained her mother to force her to return from Malaysia, one of a number of countries that in recent years has forcibly returned Uyghurs to China, in what rights groups say is a violation of international law.

I have lost contact with my family for almost a year now and I haven’t returned home in the last three years. Recently, I asked one of my friends to visit my family to find out how they are, as I have become increasingly worried about their situation. Two or three days ago, my friend went to my family home to find my mother wasn’t in, and she returned several times before hearing from the neighbors that my mother had been placed in a re-education camp, and it is not clear when she will be released. When I heard the news, I was devastated. I cannot express the pain and helplessness I feel at not being able to go back and help her.

She turned 60 years old this year and suffers from severe osteoarthritis. She can hardly walk without assistance, so I cannot imagine what she is going through. I asked my friend if my mother is allowed to return home after her daily studies, but the answer was no. She is held in the re-education camp. My friend also said that no one knows which re-education camp she is interned in. All of my family member, friends, former classmates and acquaintances have removed me from their WeChat contacts [for security reasons], so I can say that I have had virtually no contact whatsoever with my people back home.

It is clear that my mother was placed in a re-education camp because of the calls she received from me from Malaysia. The last time I spoke to her, she said, I was asked to go to the local police station, but I told them I am unable to walk there and I asked them to come see me. I am expecting the police officers’ visit at any moment. That was in October last year. She said to me, Call me any time you want, as I want to hear your voice at least once every two or three days. Don’t worry about their warnings, I will take full responsibility. She asked, Why can’t I speak to my own daughter when I want to? I have lived my life and if I don’t have this little bit of freedom to talk to you, what is the point of living! I don’t know if what she said to me was used against her as evidence of her disobedience against their orders.

In our last conversation she told me that they are heavily scrutinizing her telephone calls, especially calls from abroad. But when I said that perhaps I shouldn’t call her to avoid getting her into trouble, she said I need to hear your voice, especially now when I am not in good health. I know my mother cried when I failed to call her for a few days and she was frequently taken in for questioning because she took my calls. They also put pressure on her to ask for my return, and forced her to give them my address. As the situation worsened, she told me not to return. Stay where you are safe, she insisted.

Copyright (copyright) 1998-2016, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036

Interview: ‘I Cannot Express The Pain And Helplessness I Feel’

Nurbiye Nurtay, an ethnic Uyghur Muslim from northwest China’s Xinjiang Uyghur Autonomous Region (XUAR), has been living in Malaysia practicing traditional Uyghur medicine for the last three years. She lost contact with her family in Ghulja (Yining) county, in the XUAR’s Ili Kazakh (in Chinese, Yili Hasake) Autonomous Prefecture, nearly a year ago, and only recently discovered that her 60-year-old mother, Elenur Eqilahun, is being held in one of the many political re-education camps throughout Xinjiang, where authorities have been detaining Uyghurs accused of harbouring extremist and politically incorrect thoughts since April last year. While she is unsure of Eqilahun’s location, Nurtay recently told RFA’s Uyghur Service that she believes police detained her mother to force her to return from Malaysia, one of a number of countries that in recent years has forcibly returned Uyghurs to China, in what rights groups say is a violation of international law.

I have lost contact with my family for almost a year now and I haven’t returned home in the last three years. Recently, I asked one of my friends to visit my family to find out how they are, as I have become increasingly worried about their situation. Two or three days ago, my friend went to my family home to find my mother wasn’t in, and she returned several times before hearing from the neighbors that my mother had been placed in a re-education camp, and it is not clear when she will be released. When I heard the news, I was devastated. I cannot express the pain and helplessness I feel at not being able to go back and help her.

She turned 60 years old this year and suffers from severe osteoarthritis. She can hardly walk without assistance, so I cannot imagine what she is going through. I asked my friend if my mother is allowed to return home after her daily studies, but the answer was no. She is held in the re-education camp. My friend also said that no one knows which re-education camp she is interned in. All of my family member, friends, former classmates and acquaintances have removed me from their WeChat contacts [for security reasons], so I can say that I have had virtually no contact whatsoever with my people back home.

It is clear that my mother was placed in a re-education camp because of the calls she received from me from Malaysia. The last time I spoke to her, she said, I was asked to go to the local police station, but I told them I am unable to walk there and I asked them to come see me. I am expecting the police officers’ visit at any moment. That was in October last year. She said to me, Call me any time you want, as I want to hear your voice at least once every two or three days. Don’t worry about their warnings, I will take full responsibility. She asked, Why can’t I speak to my own daughter when I want to? I have lived my life and if I don’t have this little bit of freedom to talk to you, what is the point of living! I don’t know if what she said to me was used against her as evidence of her disobedience against their orders.

In our last conversation she told me that they are heavily scrutinizing her telephone calls, especially calls from abroad. But when I said that perhaps I shouldn’t call her to avoid getting her into trouble, she said I need to hear your voice, especially now when I am not in good health. I know my mother cried when I failed to call her for a few days and she was frequently taken in for questioning because she took my calls. They also put pressure on her to ask for my return, and forced her to give them my address. As the situation worsened, she told me not to return. Stay where you are safe, she insisted.

Copyright (copyright) 1998-2016, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036

Algeco Releases First Quarter 2018 Financial Report

BALTIMORE, May 30, 2018 (GLOBE NEWSWIRE) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it has posted its first quarter 2018 financial report at http://www.algecoscotsman.com/en/investors.html. The slide presentation to accompany the previously announced first quarter 2018 financial results conference call (scheduled for Tuesday, June 5, 2018 at 10:00 a.m., Eastern Time) will be posted at http://www.algecoscotsman.com/en/investors.html on Monday, June 4, 2018 at approximately 5:00 p.m., Eastern Time.

About Algeco

Algeco is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco has operations in 24 countries with approximately 244,000 modular space and portable storage units and 11,700 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

Investor Relations Contact

Scott Shaughnessy
Vice President, Finance
Algeco
+1 410-933-5921
Scott.Shaughnessy@willscot.com

Polar Air Cargo Worldwide Announces Lars Winkelbauer as Executive Vice President and Chief Operating Officer

Succeeds Robert Hyslop, New Senior Vice President Global Aviation for DHL Express

PURCHASE, N.Y., May 30, 2018 (GLOBE NEWSWIRE) — Polar Air Cargo Worldwide, Inc. today announced the appointment of Lars Winkelbauer as Executive Vice President and Chief Operating Officer effective July 1, 2018.

Mr. Winkelbauer succeeds Robert Hyslop, who is moving from Polar to rejoin DHL Express as Senior Vice President Global Aviation, based in Plantation, Florida.

Mr. Winkelbauer’s new role will include all aspects of aviation operations, strategy and service performance in Polar’s worldwide network. He will be based in Purchase, New York, and will report to Polar’s President and Chief Executive Officer, William J. Flynn.

“Lars’ in-depth knowledge of the company, the Asia-Pacific region, and the express airfreight industry will help Polar and its sister companies – Atlas Air, Inc. and Southern Air, Inc. – continue to support DHL Express and to develop in the fast-growing express segment,” said Mr. Flynn.

“We thank Rob for his leadership and commitment to operational excellence at Polar over the last four years,” Mr. Flynn added. “During his tenure, Polar has expanded its network while continuing to provide reliable and consistent service to DHL and Polar’s other customers.”

Mr. Winkelbauer joined DHL Asia Pacific in 2014 as its Vice President, Aviation, Network Planning and Control. Prior to joining DHL, he served as Polar’s Vice President for Marketing, Revenue Management and Network Planning.

About Polar Air Cargo Worldwide:

Polar Air Cargo Worldwide is a leading global provider of air cargo capacity and a majority-owned subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW). In addition to flying a transpacific express network for DHL Express, Polar also flies between the Asia-Pacific region, the Middle East and Europe on behalf of DHL and Polar’s other customers.

Contacts:  Elizabeth Roach (Media) – (914) 701-6576
 Dan Loh (Investors) – (914) 701-8200

Improving Security Solutions Could Grow the Internet of Things Cybersecurity Market by $9-$11 Billion

New Bain & Company research identifies four steps IoT device vendors can take to address  security concerns that are holding back further growth in this market

NEW YORK, May 30, 2018 (GLOBE NEWSWIRE) — Security concerns are a significant roadblock to investment in the Internet of Things (IoT).  According to a new Bain & Company report, Cybersecurity is the Key to Unlocking Demand in IoT45 percent of IoT buyers say concerns about security remain a significant barrier and are hindering the adoption of IoT devices.

If vendors could provide better security, enterprise customers surveyed say they would be willing to buy, on average, at least 70 percent more IoT devices.  In addition, 93 percent of executives said they would pay more for devices with better security – about 22 percent more on average.  Taken together, Bain & Company estimates that improving security solutions for these devices could grow the IoT cybersecurity market by $9-$11 billion.  For IoT device vendors – companies that make IoT devices as well as those that provide related solutions – the message is clear: improve security to gain a competitive edge and grow your market.

These are among Bain & Company’s findings over the last three years and new, recently completed research on IoT security.

“We expect growth in the markets that comprise the IoT to continue full steam ahead, but issues around security concerns could derail that progress,” said Ann Bosche, a partner in Bain & Company’s Telcom, Media and Technology Practice.  “Enterprise customers are moving cautiously until they can gain some reasonable assurance of the security of their data and operations, which increasingly rely on devices, sensors and the Internet of Things.”

The Bain & Company survey found most executives (60 percent) said they were very concerned about the risks IoT devices pose to their companies – not surprising, given the damage that an IoT security breach can cause to operations, revenues and safety.

In determining solutions to guard against attacks, IoT device vendors can segment their target customers by levels of cybersecurity capability maturity.  The research finds that customers at the least-advanced end of the spectrum are more likely to seek out simplified and integrated security solutions, whereas those with more advanced capabilities prefer to invest in best-of-breed or customized point solutions.

Further, across segments, nearly all executives – 90 percent – said that IoT devices pose a moderate or significant risk to their organizations, and executives in companies with greater cybersecurity sophistication see more risk than those in less sophisticated companies.

The research also found that executives in some industries see themselves at greater risk than others. Those in durable goods, building and construction, energy and utilities, financial services, and technology were most likely to express a significant level of concern.

In response to these risks, executives who manage security said that, as customers, they want solutions that are highly effective, easy to integrate, and flexible to deploy.

Companies take a range of approaches to meet their security needs, based on their capabilities and the availability of marketplace solutions from vendors.  Only about a third of IoT cybersecurity solutions used today are from IoT device vendors, indicating that vendors are either not offering holistic, high quality, solutions that meet consumer needs or they are not promoting them well enough. Bain & Company found that companies with the most advanced cybersecurity capabilities rely more on internally developed security solutions, not only because they may have more complex needs but because they are more likely to have the talent and capabilities to develop their own solutions. Companies with ad hoc security capabilities have the most gaps across all IoT layers tested.

The research also looked at how companies deploy solutions by layer of security and found ample opportunity for IoT device vendors at every layer of the stack.   The access interface layer has the greatest level of protection, whether developed internally or provided by a manufacturer or third party. Other layers of the stack were protected by more internal solutions – or, in some cases, none at all. Customers’ preference for internal solutions may be partially explained by considering the specific conditions of each layer. For example, data security solutions typically require more computing and power resources than are currently available on basic IoT devices.

“Most enterprises want a cohesive set of tools and a unified overview of the security posture of their devices, but few IoT device makers understand their customers’ operations well enough to provide that kind of solution,” said Syed Ali, a cybersecurity expert in Bain & Company’s IT Practice.  “Lacking well-designed IoT cybersecurity products and services, customers are devising their own solutions, foregoing them altogether, or failing to implement IOT solutions until vendors can fill the gap.”

All IoT device vendors will need to pay more attention to security in the design, development and deployment of devices. Four steps can help executives frame their task:

  1. Understand how customers are using devices. Staying current by refreshing their understanding of customer use cases every 12 to 18 months will allow them to stay on top of evolving security requirements, and help identify unmet needs. Ascertaining the average cybersecurity maturity level of their customers will help manufacturers invest in the right out-of-the-box and add-on solutions.
  2. Provide cybersecurity capabilities on the device and, where possible, partner with trusted cybersecurity vendors to provide additional solutions. Engineering teams should embed secure development practices in the software and hardware components of the device, and provide inherent solutions for the access interface, apps, data and device layers. Taking these measures can mitigate common vulnerabilities in IoT devices today such as default or embedded passwords, lack of data security for credentials and network communications, and weak safeguards for ensuring system integrity.
  3. Meet quality assurance thresholds and be able to certify that their IoT devices are free from known vulnerabilities. This would mitigate a major pain point for customers who sometimes install new devices without realizing they contain vulnerabilities. Deploying a more methodical process to identify and remove vulnerabilities across layers or engaging third-party vulnerability scanning and or penetration test firms can help manufacturers meet this bar.
  4. Fulfill their obligations during the warranty period by continuously testing for new vulnerabilities, providing software and firmware updates, as well as feature and functionality upgrades for out-of-box and aftermarket solutions. Delivering updates to firmware, operating systems and applications in response to newly discovered security vulnerabilities should remain a top priority through the warranty period.

“IoT device vendors and ecosystem players that move quickly to improve the security around IoT devices are likely to reap rewards not only from their ability to earn a premium, but also from an expanded market,” said Frank Ford, a partner in Bain & Company’s IT Practice.  “These four steps are a start, though by no means, the whole of what it will take to begin to address the security concerns that are holding back growth of the IoT.”

Editor’s Note: To arrange an interview, contact Dan Pinkney at dan.pinkney@bain.com or +1 646 562 8102

About Bain & Company 
Bain & Company is the management consulting firm that the world’s business leaders come to when they want results. Bain advises clients on strategy, operations, information technology, organization, private equity, digital transformation and strategy, and mergers and acquisition, developing practical insights that clients act on and transferring skills that make change stick.  The firm aligns its incentives with clients by linking its fees to their results.  Bain clients have outperformed the stock market 4 to 1. Founded in 1973, Bain has 55 offices in 36 countries, and its deep expertise and client roster cross every industry and economic sector. For more information visit: www.bain.com.  Follow us on Twitter @BainAlerts.

Media Contact:

Dan Pinkney
Bain & Company
Tel: +1 646 562 8102
dan.pinkney@bain.com