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Diamond Home Support Extends its Home Cleaning Services Due to High Demand

Rev Up Marketers

Diamond Home Support is a well-established provider of professional home cleaning services in the UK. In the latest development, the company announces an extension of its services due to a significant upward trend in the home cleaning market, underscoring a substantial shift in consumer behavior. As we move towards 2025, the demand for home cleaning services continues to rise, particularly among homeowners under 35, with a remarkable 40% now utilizing home cleaning services regularly. This surge in demand can be attributed to various factors, including the recent shift to remote work and heightened hygiene awareness following the Covid pandemic. Many households have come to view professional cleaning services not merely as luxuries but as essential components of maintaining a healthy and comfortable home environment. With these new developments, Diamond Home Support now offer a wide range of local cleaning services across more of the UK, ensuring that homeowners receive the services they require. With a network of over 200 local offices, Diamond Home Support provides regular house cleaning, end-of-tenancy cleaning, and specialized services like spring cleaning and antiviral sanitation. Their experienced, vetted, and insured cleaners deliver consistent, high-quality services, allowing customers to develop a rapport with the same cleaner for each visit, ensuring their unique needs are met. In addition to cleaning, many of our local offices offer comprehensive home help services, including laundry, bed making, shopping, and companionship. The company understands that maintaining a home goes beyond cleaning, so they also provide gardening services such as grass cutting, weeding, and pruning in select areas. The aim is to enhance the quality of life for their customers by providing reliable and affordable services tailored to their individual requirements. Andrew Watton, Managing Director and Founder of Diamond Home Support, states that the market is witnessing a lasting change in how people prioritize home cleanliness. The trend indicates a growing inclination among younger generations to invest in services that enhance their quality of life, allowing them to reclaim time for leisure and personal interests. In the wake of economic fluctuations and cost-of-living challenges, the home cleaning sector has demonstrated remarkable resilience, with spending on cleaning services increasing by over 50% in the past six years. Andrew emphasizes the need for cleanliness and time savings remains a top priority for many households. Even in challenging economic times, the demand for professional cleaning services continues unabated. As the home cleaning market continues to evolve, Diamond Home Support remains committed to meeting the needs of its customers, providing high-quality cleaning services that enhance the quality of life for families and individuals alike. About the Company - Diamond Home Support Diamond Home Support is one of the largest cleaning franchise operators in the UK, dedicated to providing high-quality cleaning services to homes across the country. With a focus on reliability and customer satisfaction, Diamond Home Support aims to make professional cleaning accessible and convenient for all. The company prides itself on its strong network of franchisees, ensuring that customers receive exceptional service tailored to their individual needs. Contact Details Diamond Home Support Andrew Watton press@diamondhomesupport.com Company Website https://diamondhomesupport.com

October 02, 2024 08:33 AM Eastern Daylight Time

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Utilities Sector (XLU) Portfolio Highlights

Select Sector SPDR

The Utilities Select Sector SPDR Fund (XLU) may provide investors with critical insights for informed investment decision-making within the utilities sector. XLU's Key Components* The top 10 holdings of the Utilities Sector ETF XLU are led by some of the most influential players in the industry. These holdings represent approximately 60% of the fund’s total assets, reflecting XLU's focus on key utility companies. The detailed list of the top 10 holdings is as follows. NextEra Energy: 14.17% Southern Co.: 8.03% Duke Energy Corp: 7.30% Constellation Energy Corp: 6.55% American Electric Power: 4.42% Sempra Energy: 4.30% Dominion Energy: 3.91% Public Service Enterprise: 3.59% PG&E Corp.: 3.46% Vistra Corp.: 3.30% With over $18 billion in assets and a low total expense ratio of just 0.09%**, XLU offers a cost-effective entry into the essential utilities industry. Decoding XLU's Investment Strategy XLU’s investment strategy is tailored to the unique dynamics of the utilities industry, focusing on companies that are S&P 500 components and integral to the nation’s economic infrastructure. By concentrating on these key players, XLU ensures that investors are exposed to companies that power our homes and businesses. For more information, please visit the official website. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 9/30/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007823 EXP 11/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 02, 2024 05:00 AM Eastern Daylight Time

Market Alert: Silexion Therapeutics (NASDAQ: SLXN) Sees Record Volumes Following Breakthrough Preclinical Data for SIL-204

Global Markets News

Shares of Silexion Therapeutics (NASDAQ:SLXN) are seeing significatnly today after the company announced promising new preclinical data for its next-generation siRNA candidate, SIL-204. The stock saw a significant initial of price spike of over 50% in pre-market activity as investors responded to the latest developments in Silexion's RNA interference (RNAi) platform, which targets KRAS-driven cancers. As of now, volume is at record highs, currently standing at over 50 million shares today. The company revealed that SIL-204, an extended-release microparticle formulation, demonstrated substantial tumor reduction and necrosis in mouse models of pancreatic cancer bearing the KRAS G12D mutation—one of the most common mutations found in pancreatic cancer patients. This latest data builds on a string of recent successes for Silexion, including its September 24 announcement of results from the Phase 2 trial for its first-generation product, LODER™, which showed significant improvements in tumor resectability among non-resectable pancreatic cancer patients. Alongside the new preclinical results, Silexion has recently reported plans to begin toxicology studies for SIL-204 in preparation for Phase 2/3 clinical trials expected to commence in the first half of 2026. The company is also expanding the application of its siRNA technology to colorectal cancer models, reflecting its broader ambitions to target multiple KRAS-driven cancers, which are notoriously difficult to treat with conventional therapies. While stock price has pulled back since premarket, The spike in Silexion’s market activity as marked by these record high volumes (according to market data) may highlight the growing market interest in the company’s novel approach to tackling cancers with high unmet medical needs, particularly its focus on KRAS mutations, which are common across a variety of aggressive cancers, including pancreatic and colorectal cancer. Silexion’s continued momentum in the precision oncology space potentially positions it as a leading player in the development of next-generation RNAi therapies. With its promising pipeline and recent positive developments, the company seems to be gaining attention as it advances toward clinical trials that could offer new hope for patients battling some of the deadliest cancers. Click here to read Silexion's full announcement *** This update is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the article is subject to. [https://justpaste.it/ab9dn/pdf]. Global Markets News Network is a commercial digital brand compensated to provide coverage of news and developments related to innovative companies as detailed in the full documentation and it is thus subject to conflicts of interest. Contact Details News Coverage ronald@futuremarketsresearch.com

October 01, 2024 11:47 AM Eastern Daylight Time

TRON DAO Completes Security Assessment Conducted by ChainSecurity, Strengthening Network Integrity

TRON DAO

Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on key components such as the TRON Virtual Machine (TVM), consensus mechanisms, and Peer-to-Peer (P2P) interactions, aimed to proactively identify and resolve any vulnerabilities that could potentially affect the TRON blockchain’s performance, including transaction execution, block generation, and consensus operations. Key Findings and Solutions ChainSecurity uncovered several vulnerabilities that, if exploited, could have impacted network performance or even caused disruptions. The TRON development team acted swiftly to address these issues. Below are some of the most notable findings and the solutions that were implemented to ensure network stability and security: 1. PBFT Messages Creating State Expansion A significant issue was found with PBFT (Practical Byzantine Fault Tolerance) messages, which could have caused unbounded memory expansion, potentially leading to a Denial-of-Service (DoS) attack. Solution: The system was updated to ensure PBFT messages are only processed when PBFT is enabled, preventing excessive memory consumption. 2. Unpermissioned Censoring of Fork Blocks An attacker could have censored legitimate fork blocks by creating a fork chain with fake blocks. Upon detection, the entire fork, including valid blocks, would have been discarded. Solution: The new code now filters out blocks from invalid producers before processing, ensuring network consistency. 3. Resource Consumption by Blocks Not Signed by Witnesses The assessment revealed that blocks without witness signatures were still being processed, consuming valuable resources such as memory, storage, and CPU. Solution: Blocks failing the signature check are now discarded immediately, preventing unnecessary resource usage and safeguarding network performance. TRON DAO’s Commitment to Security Commenting on the collaboration, a Founding Partner & Head of Sales, Emilie Raffo from ChainSecurity said: "It's always a pleasure getting on-boarded into new ecosystems and being able to provide value. We worked closely with the TRON team to identify and resolve vulnerabilities, strengthening the network’s overall security and performance. We look forward to many more years of fruitful collaboration to secure the TRON ecosystem." Dave Uhryniak, Community Spokesperson for TRON DAO, further stated: “Security is paramount to the growth and trust within any blockchain ecosystem. ChainSecurity’s security assessment of TRON has further strengthened our network’s resilience, ensuring that we continue to provide a secure and efficient platform for our global user base. This marks another milestone in our ongoing commitment to enhance the safety and reliability of the TRON network.” TRON DAO’s collaboration with ChainSecurity highlights its dedication to proactively identifying and resolving security challenges. This security assessment reinforces TRON’s commitment to protecting user assets and data across its network. Enhanced Security for TRON’s Ecosystem With these issues identified and resolved, TRON’s security infrastructure has been significantly strengthened, ensuring that the network continues to operate at an optimal level. ChainSecurity’s assessment reaffirms TRON’s dedication to maintaining the highest standards of security, providing a safe and reliable environment for its global user base. Want to Learn More? For a detailed breakdown of the findings and solutions, check out the full security assessment report: ChainSecurity Java-Tron Security Assessment Report. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of September 2024, it has over 256 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network About ChainSecurity ChainSecurity is among the oldest and most trusted smart contract audit companies. Their team conducts smart contract audits since 2017 and is trusted by long-term partners, such as MakerDAO, Circle, Curve, Lido, TRON, Compound, Yearn, Tether, Argent, FUEL and others. In addition to its history of responsible vulnerability disclosures, in the Ethereum protocol itself and in live smart contract code, ChainSecurity has a history of developing new security tools and discovering new types of vulnerabilities. Media Contact ChainSecurity Marketing Team contact@chainsecurity.com Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 01, 2024 11:13 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Between D TEL Telecommunications, Inc. and Responsive Technology Partners

Benchmark International

Benchmark International has successfully facilitated a transaction between Gastonia, NC-based D TEL Telecommunications, Inc. (D TEL) and Atlanta, GA-based Responsive Technology Partners (RTP). D TEL is a systems integrator that distributes and installs premise, hybrid, and cloud-based phone systems, paging, surveillance, access control, and sound systems. D TEL additionally offers dial tone brokering and wholesales telecom products. Founded in 1984, D TEL has been serving the small and midsize business (SMB) sector, focusing on the healthcare, medical, manufacturing, and service industries in North and South Carolina for 40 years. Responsive Technology Partners provides IT support services throughout North Carolina, Virginia, Georgia, Florida, and other US customers. They are a major leader in the MSP industry, having achieved growth both organically and by acquisition means. RTP offers services that include IT support, cybersecurity and compliance, telephony, cloud services, cabling, access control, and camera systems. "The entire Benchmark team is exceedingly pleased with this great new partnership between D TEL Telecommunications and Responsive Technology Partners," commented Benchmark Senior Transaction Director William Sullivan. "D TEL President Jim LaBrec and his team have done an outstanding job building and positioning their great company in a very attractive market. We believe that RTP will be a great steward of D TEL's storied legacy, and we wish the combined team all the best moving forward." ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

October 01, 2024 10:54 AM Eastern Daylight Time

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Velocity Global Named a Leader in NelsonHall’s Global Employer of Record (EOR) Evaluation for the Fourth Time in a Row

Velocity Global

Velocity Global, the world’s expert on work, announced today that it was positioned as a leader in the 2024 Vendor Evaluation & Assessment Tool (NEAT) for global EOR services by NelsonHall. The report recognizes Velocity Global for both its ability to deliver immediate customer benefits as well as its capabilities to meet future customer needs. This marks the fourth time in a row that Velocity Global has earned this distinction, solidifying its position as a trusted partner for companies expanding their global presence. "Deploying a global workforce is extremely complex, as companies need to navigate a maze of varying regulations, compliance needs, and talent expectations in different countries," said Jeanine Crane-Thompson, Principal Analyst at NelsonHall’s HR & Talent Transformation practice. "Velocity Global’s blend of strategic R&D investments and compliance expertise has transformed them into a critical partner for companies looking to accelerate global growth. Their comprehensive EOR solution allows organizations to focus on their expansion goals without the burden and potential risks of logistical and legal complexities." As a trailblazer in global workforce solutions, Velocity Global empowers companies to hire, manage, pay, and retain talent, anywhere in the world. Over the years, Velocity Global has evolved from offering a point solution to being a strategic partner to its customers as they execute on their global growth plans. Velocity Global’s powerful combination of its self-service Global Work Platform and its deep legal and HR expertise ensures seamless compliance, no matter how complex the jurisdiction. Both employers and employees benefit from a frictionless, user-friendly experience. In its 2024 report, NelsonHall highlights several strengths that contributed to Velocity Global’s positioning as a leader, including: Mature EOR market provider: Velocity Global offers a compliant, integrated EOR solution that enables multinational companies to confidently hire across borders. Technology roadmap: Velocity Global’s roadmap is centered on AI-driven enhancements, expanded platform integrations, and robust self-service functionality. Competitive service offerings beyond EOR: Velocity Global offers an array of services beyond EOR, including global benefits, immigration support, pensions, equity management, and office space logistics. ”The ability to hire anyone, anywhere is a huge differentiator as companies expand across geographies and tap into underutilized talent pools,” says Francoise Brougher, CEO of Velocity Global. “To simplify and streamline this process for customers, we invest in our technology. This, coupled with our extensive in-country and compliance expertise, means customers can have peace of mind and focus on growing their business.” This latest recognition reinforces Velocity Global’s unwavering commitment to empowering businesses with the tools and expertise to navigate the complexities of the global workforce landscape and drive sustained growth. To learn more about what sets us apart, download the report [ here ]. For more information on how Velocity Global makes opportunity borderless for people everywhere, visit www.velocityglobal.com. About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, manage, and retain talent anywhere. With Velocity Global, the world is yours. About NelsonHall NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and Asia, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And, for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's analysis is based on rigorous, primary research, and is widely respected for the quality and depth of its insight. Media Contact: press@velocityglobal.com Contact Details Media contact +1 720-650-4348 press@velocityglobal.com Company Website https://velocityglobal.com/

October 01, 2024 07:47 AM Pacific Daylight Time

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Smart Glasses Let You See The World In A New Way

Benzinga

By Johnny Rice, Benzinga Paul Travers, CEO of Vuzix Corp (NASDAQ: VUZI), was recently a guest on Benzinga’s All-Access. Vuzix designs, manufactures, markets and sells augmented reality wearable displays and computing glasses known as head-mounted displays (HMDs) or near-eye displays. Using micro-display technology and advanced optics, the company creates compact high-resolution display engines that generate virtual images comparable to large screens. Watch the full interview here: Featured photo by GianCarlo Greco on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 30, 2024 08:25 AM Eastern Daylight Time

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Comcast Unveils Xfinity Rewards Hot Air Balloon in Clovis

Comcast California

Comcast is proud to announce its participation in the 49th annual ClovisFest & Hot Air Balloon Fun Fly, taking place from September 28-29, 2024, in Clovis, California. Comcast will bring its Xfinity Rewards branded hot air balloon to California for the first time at the iconic Central Valley event, offering attendees a unique and immersive experience. "Our participation in ClovisFest is a wonderful opportunity to connect with our customers and the broader community in a meaningful way,” said Justin Minniti, Area Vice President at Comcast in California. “The Xfinity Rewards hot air balloon symbolizes our commitment to providing extraordinary customer experiences. The balloon also symbolizes Comcast’s commitment to our communities through Project UP, a $1 billion investment to advance digital equity, foster economic mobility and open doors for the next generation of innovators.” “We are excited to have the Xfinity Rewards hot air balloon join our stellar lineup this year,” said Greg Newman, President and CEO of the Clovis Chamber of Commerce. “On behalf of the Clovis Chamber of Commerce and the Clovis community, we thank Comcast for its participation in and support of the festival that benefits thousands of business owners in the area and is a staple for Central Valley families and visitors.” The Xfinity Rewards hot air balloon will be prominently featured at the event, inviting attendees to sign up for Xfinity Rewards and learn more about the exclusive benefits available to its members. Eventgoers can also visit the Xfinity booth for interactive experiences and giveaways. Xfinity Rewards unlocks access to unforgettable experiences, the latest technologies, and perks and discounts that only Comcast NBCUniversal can deliver. Joining Xfinity Rewards is free for customers. Signing up is fast and easy through the Xfinity App or online at xfinity.com/rewards. Upon enrolling, members are placed in a Silver, Gold, Platinum or Diamond tier based on how long they’ve been a customer. Rewards are available immediately upon signing up for the program so members can start exploring and enjoying them right away with exciting new opportunities added frequently throughout the year. About the Xfinity Rewards Hot Air Balloon The 85 feet tall Lindstrand Balloon was created in 2022 to promote Comcast’s Xfinity Rewards Program. It features eight three-dimensional 23 feet tall hearts. More than 1,234 pieces of material were used to create the hearts. It holds three passengers at a time – the pilot plus two riders. Lindstrand is a prominent balloon manufacturer in the United States. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com Company Website https://california.comcast.com/

September 27, 2024 07:00 AM Pacific Daylight Time

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WiSA's Datavault Technology Launches Academic Credential Verification Platform For Universities, Aims To Licence 20-30 To Institutions By 2025

Benzinga

By Kyle Anthony, Benzinga The number of students graduating with either a bachelor’s, master’s or Ph.D. degree continues to increase, with over 2 million students graduating with a bachelor’s degree in 2022 and over 1 million students graduating with either a master’s degree or Ph.D. With more individuals attaining post-secondary education, the importance and need for ‘accreditation validation’ is growing. WISA’s (NASDAQ: WISA) Datavault technology offers a turnkey solution that universities and other stakeholders can utilize to verify academic credentials. Data Vault Holdings, which is under a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA, recently launched VerifyU, a platform developed in collaboration with Arizona State University (ASU) and its Luminosity Lab. VerifyU utilizes blockchain and artificial intelligence to provide secure, real-time academic credential verification. The platform's value proposition is its ability to efficiently verify and confirm the qualifications of individuals to stakeholder entities – such as educational institutions and prospective employers – or professional peer groups, such as research fellows. ASU’s Luminosity Lab, a think tank incubator dedicated to advancing technology and innovation, is VerifyU's inaugural partner. WiSA believes the platform’s focus on secure, efficient credential verification for students and external stakeholders resonates strongly with ASU as an academic institution. Executive Director of the ASU Knowledge Enterprise Mark Naufel stated: "VerifyU sets a new standard for secure, seamless credential verification that meets the essential needs of both educational institutions and employers. Our collaboration with Datavault has created a platform that combines academic institutions with practical, scalable solutions. VerifyU is helping to bring a much welcome change in the way academic credentials are verified by ensuring data integrity, reducing time and lowering costs for all parties involved." The global education verification service market is currently experiencing growth. In 2023, it was valued at $110 billion. By 2030, it is projected to reach $177 billion. This represents a compound annual growth rate (CAGR) of 10% over 2024-2030. Current verification processes are often inefficient and vulnerable to fraud – research suggests that as many as 70% of job applicants provide false information on their resumes. VerifyU seeks to address this issue by offering real-time, secure verification of educational credentials, ultimately reducing both the time and cost associated with traditional verification methods and enhancing the process for employers, graduate schools and other interested parties. In monetizing the platform, Datavault aims to license VerifyU to 20 to 30 educational institutions by 2025, with the aim of revolutionizing the verification of academic qualifications. The initial contract with ASU is just the beginning of a broader rollout and will demonstrate how the platform can generate administrative cost savings and revenue. Additionally, VerifyU plans to charge students a one-time fee for lifetime access to the platform. WiSA’s Datavault promises to transform the landscape of academic credential verification in universities through the launch of VerifyU. By leveraging innovative blockchain and AI technologies, the initiative aims to provide a more reliable and efficient verification process, paving the way for partnerships with multiple educational institutions in the coming years. With the potential to save time and money, VerifyU could be set to become an essential tool for the growing number of graduates seeking employment and higher education opportunities. Featured photo by Nathan Dumlao on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 27, 2024 08:30 AM Eastern Daylight Time

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