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3DOS Launching Decentralized “Uber for 3D Printing” on Sui

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    Grand Cayman, Cayman Islands, September 12th, 2024, Chainwire

    3DOS chooses Sui as the exclusive blockchain partner to power its global decentralized peer-to-peer manufacturing network

    Sui, a cutting-edge Layer 1 blockchain, announced a strategic alliance with 3DOS™, a leading innovator in decentralized manufacturing. The alliance promises to solve the coordination problems plaguing the $15.6 trillion global manufacturing market by coupling 3DOS’s expansive network of 3D printers, manufacturers, and customers with Sui’s advanced decentralized blockchain technologies. Sui’s industry-first zkLogin technology will make onboarding new users particularly easy for 3DOS by natively allowing millions of people to access the service using traditional social accounts like Google or Twitch.

    Prior to engaging with Sui, the 3DOS founders pioneered one of the world’s first 3D printing operating systems and achieved remarkable results. So far, the platform has over 500,000 users, has manufactured 4.2 million parts, and has supported more than 15 million CAD designs across 120+ countries. Customers include John Deere, Google, MIT, Harvard, CalTech, UC Berkeley, Bosch, the British Army, the US Navy, the US Air Force, and NASA. These customers are currently being onboarded onto the network that 3DOS™ is building on Sui.

    A heat map of 3DOS’s decentralized infrastructure, which is now migrating to the SUI Mainnet, with over 24,000 3D Printed NFT’s minted within a week since launch. Data as of Sept 9, 2024

    The current partnership adds to 3DOS the redundancy, transparency, speed, and flexibility inherent in leveraging Sui’s industry-leading decentralized technology platform.

    “At 3DOS, we believe that manufacturing should be decentralized. By tapping Sui to power our infrastructure, we now have the technology to enable this massive shift in our industry,” said John Dogru, Founder and CEO of 3DOS. “3DOS is a 3D Operating System, bridging the digital world to the physical world, allowing anyone to access manufacturing capacity and 3D printers anywhere empowering local producers and eliminating waste, inventory, and the carbon footprint associated with international shipping.”

    Together, the technological innovations of the Sui and 3DOS combination will enable the massive global manufacturing industry to harness the power of localized production and eliminate the inefficiencies of high operational costs, and limited accessibility that currently plague it. The 3DOS/Sui solution addresses these continuing challenges and also vastly expands the world’s manufacturing potential by connecting siloed 3D printing capacity to massive demand around the world. In the process, the partners’ decentralized approach will reduce costs, democratize manufacturing, and open up new economic opportunities globally.

    “Improving manufacturing processes is one of the world’s most important challenges, and the infrastructure that 3DOS is building on Sui marks a significant advancement that will catalyze economic growth and technological innovation,” said Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs which developed the Sui Network. “Through this partnership with 3DOS, Sui is helping to create a global decentralized manufacturing network that empowers more individuals and businesses to participate in the production of physical goods.”

    The 3DOS platform leverages smart contracts on Sui to eliminate the overhead typically associated with coordinating supply and demand, which traditionally requires thousands of employees at Web2 companies and banks. By programming governing rules and processes directly into Sui’s blockchain, 3DOS achieves near-zero human intervention and infinite scalability. This approach optimizes resource efficiency and enhances supply chain transparency, reducing waste, improving cost-effectiveness, ensuring quality assurance, and facilitating global collaboration—all while empowering a diverse range of creators and innovators.

    Contact

    Sui Foundation
    media@sui.io

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    FTSI and 21st Century AEYE Announce Strategic Merger

    2024-09-16T20:32:19Z

    Joining Forces to Strengthen Core Business and Pioneer Security Innovations

    MONROVIA, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- FTSI, a leader in technology solutions for financial institutions, proudly announces its strategic merger with 21st Century AEYE, a cutting-edge fintech focused on AI-driven innovation. This transformative partnership enhances both companies' capabilities, combining FTSI’s trusted expertise in banking technology and security with 21st Century's revolutionary AI solutions. The merged company will continue to operate under the FTSI name, upholding the high standards of service and innovation that customers have come to expect.

    Through this merger, FTSI will strengthen its core offerings in bank technology and security to deliver even greater value to its customers. A key feature of the new offerings will be 21st Century’s groundbreaking solution, "AEYE Defend," a state-of-the-art platform that transforms traditional video surveillance into an autonomous, proactive visual gun detection system. With unmatched accuracy and privacy, this solution provides a comprehensive approach to detecting, locating, and responding to potential threats, significantly enhancing safety measures in critical environments.

    Guided by the vision of "where innovative ideas take flight," the merger signifies a bold commitment to evolution and forward-thinking solutions. Together, the new FTSI will push the boundaries of technological advancement while continuing its strong focus on community impact and social responsibility.

    “This merger marks the beginning of an exciting journey filled with growth, transformation, and innovation,” said Susan Napier, CEO and Founder of FTSI. “The FTSI name will continue to stand for exceptional service and trust, while we embrace new AI-driven technologies that will shape the future of security and banking technology. Our customers can expect the same dedication to excellence, with the added benefit of groundbreaking innovations.”

    The newly merged organization remains committed to a safer, more secure future and world. Together, FTSI and 21st Century AEYE will continue to deliver comprehensive solutions, exceptional service, and innovations that protect communities and ensure safety for all.

    "We believe 21st-century problems require 21st-century solutions," stated Said Bilani, Founder and CEO of 21st Century AEYE. “Our mission and vision are aligned to enhance safety and security, uplift quality of life, and create technologies that ensure our communities are safer, more robust, more secure, and more resilient.”

    “Artificial intelligence is changing the world,” said Brannon Castleberry, Co-Founder of 21st Century AEYE. “Embracing innovation and the future is what has drawn our two companies together, and we will continue to pursue innovation in our existing markets so that our clients are at the forefront of innovative, proactive solutions."

    For more information about the merger, please visit https://ftsius.com/ftsi-and-21st-century-aeye-merger.

    About FTSI

    FTSI is an independent provider of digital and branch solutions for community financial institutions. FTSI offers an ecosystem of solutions including digital, physical and electronic security, ATM service, ATMs/ITMs/TCRs and self-service technologies, remote ATM management, cash services, professional services, and a range of strategic planning and consultative services.

    About 21st Century AEYE

    21st Century AEYE envisions a world where safety knows no boundaries and the threat of violence is eradicated from people's daily lives. Our mission is to save lives and enhance safety and security across a diverse range of industries and environments. From education and healthcare to corporate sectors, entertainment venues, streets, and highways, we strive to provide comprehensive solutions that protect human lives wherever they may be.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f0b0829-4122-4ceb-a5c8-43a359f19427

    CONTACT: Media Contact

Molly King
marketing@ftsius.com
818-241-9571 x139

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