Blockchain

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

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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Radhika Lipton Appointed PCBB Chief Risk Officer, Succeeding Esteemed Leader Steve Baca

2024-09-19T14:45:00Z

PCBB has announced the appointment of Radhika Lipton as Chief Risk Officer, succeeding Steve Baca, who is retiring after nearly two decades of distinguished service.

WALNUT CREEK, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- PCBB, a leading financial firm dedicated to serving the needs of community-based financial institutions nationwide, is pleased to announce the appointment of Radhika Lipton as Chief Risk Officer. Radhika, renowned for her expertise in bolstering organizational resilience and optimizing operational efficiency through strategic risk mitigation, will succeed Steve Baca, who is set to retire in early 2025 after nearly two decades of exemplary service.

Throughout his tenure, Steve has been instrumental in guiding PCBB’s risk management strategies, contributing significantly to the firm's impressive growth — more than doubling its assets and increasing the customer base over the past decade. Mike Dohren, President of PCBB, expressed confidence in the transition, stating, “Steve has provided excellent risk management leadership, which will enable Radhika to step into the role of Chief Risk Officer with a solid program already in place. Her background will enable us to build an even more robust compliance and oversight platform for both PCBB and our customers as we look to new market opportunities.

Radhika Lipton brings a wealth of experience in risk management, compliance, and internal auditing from her tenure at prestigious global companies, financial institutions, and fintech startups. Most recently, she served as Chief Risk and Compliance Officer at Mambu Americas, Inc., and as Chief Compliance Officer at Sunwest Bank. She also founded RADD LLC, a consulting firm specializing in internal auditing and compliance, and serves as a Board Member and Audit Committee Chair at Walden Mutual Bank in New Hampshire.

Radhika is a distinguished speaker at industry conferences, where she addresses topics such as high-risk banking, compliance and regulatory standards. She stated, “I am excited to join the PCBB team as we continue to pursue new market opportunities to bring our customers to the next level of banking. I am passionate about developing and leading comprehensive risk frameworks and compliance strategies that align with business objectives and regulatory standards.

PCBB looks forward to leveraging Radhika’s extensive knowledge and experience to enhance its risk management framework, ensuring continued success and innovation in the evolving financial landscape.

About PCBB

PCBB believes in the power of local financial institutions to be the catalyst of small business growth and to enable communities to thrive. Our team is committed to providing not only the tools and knowledge our customers need to serve their clients, but also the partnership and trust they deserve.

Our robust suite of competitive services includes cash management and international serviceslending serviceshedging solutions, and profitability and risk management advisory services. These solutions help community financial institutions maximize revenue, increase efficiency, and manage risk.

All trademarks are the property of their respective owners

Media Contact:
Nancy Ozawa
PCBB
nozawa@pcbb.com
(888) 399-1930 x177

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff1b4642-2b03-416c-aa14-685650211e2b


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