Blockchain

Kampela Secures Polkadot Network Investment, Becomes First Fully DAO-Funded Hardware Wallet

Kuopio, Finland, September 12th, 2024, Chainwire

Kampela, an innovative hardware startup, has successfully secured funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network, marking a significant milestone as the first hardware project to be fully backed by a DAO in the Polkadot ecosystem. This achievement demonstrates the power of decentralized governance in supporting tangible technological innovations and opens new possibilities for hardware development in the blockchain space.

Kampela’s device leverages NFC technology and operates without the need for wired charging or a battery, showcasing a novel approach to secure, user-centric hardware wallets. The company’s innovative strategy consolidates both the design and production processes within a single integrated platform, enabling the delivery of highly differentiated solutions to the market.

Key Highlights:

– Funding secured through Polkadot Referenda #62, #370, and #886, totalling approximately 253,000 DOTs (around $1 million USD at current DOT price)

– Transparent, community-driven decision-making process

– Establishes a new model for supporting hardware innovation in the blockchain industry

– Battery-free operation powered exclusively by NFC during active use

– Secure NFC-only connectivity, eliminating vulnerable USB interfaces

Kirill, ex-CISO of Parity and Kampela’s Co-Founder, stated, “Not only is Kampela one of the very few fully open hardware wallets on the markets (you can get everything, up to the precise machining instructions for the casing, from our GitHub), but the project is also a brilliant example of the power of DAOs in the new, blockchain-enabled economy: the project was funded via the Polkadot Treasury (one of the biggest DAOs in the world right now), and it is thanks to this funding that our designs are so uncompromisingly open, free, and democratic.”

The successful funding of Kampela through a DAO on the Polkadot network showcases how community-driven funding can fuel advancements in secure, user-centric devices. This achievement is expected to attract attention from blockchain enthusiasts, hardware innovators, investors interested in decentralized funding models, and Polkadot community members and stakeholders.

Kampela’s hardware design features several enhanced security measures, including battery-free operation and secure NFC-only connectivity. The device remains completely powered down when not in use, deterring physical access or tampering, and its NFC-only communication provides an additional security layer compared to traditional USB interfaces.

With six hardware revisions conducted and 54 components in its design, Kampela represents a significant leap forward in blockchain hardware innovation. As the first fully DAO-funded hardware project in the Polkadot ecosystem, Kampela sets a new precedent for how hardware startups can leverage decentralized funding and governance to bring cutting-edge products to market.

For more information about Kampela and its innovative hardware wallet, readers can visit https://www.kampe.la/ or https://x.com/kampela_signer

About Kampela

Kampela, a Finnish startup, is revolutionizing secure transaction management with its innovative NFC-powered hardware device. Operating without Bluetooth, USB, or batteries, it features an e-ink display and open-source design. Tailored for blockchain applications and backed by the Web3 Foundation and Polkadot Treasury, Kampela offers a sustainable, secure solution for digital interactions in decentralized systems.

Media Contact:

Viktoria

CMO [Telegram: @vikrpc ]

Contact

CMO
Viktoria
Kampela
vv.repich@gmail.com

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Independent Expert Assessment Validates RenovaroCube’s Potential as a Groundbreaking AI Platform Starting with Early Cancer Detection

2024-09-17T13:00:00Z

Assessment by specialist AI team from “PersonalAIze” Highlights the Strength, Potential, and Visionary Talent Behind the Innovative Software as a Service (SaaS) Platform

AMSTERDAM, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: RENB) - PersonalAIze, a cutting-edge company in AI and machine learning applications for healthcare, has conducted a comprehensive evaluation of RenovaroCube’s advanced AI platform. This effort is spearheaded by PersonalAIze CEOs and AI experts, Mark Hoogendoorn and Sandjai Bhulai, who bring their extensive expertise to assess the platform developed under the guidance of Frank van Asch, CTO and co-Founder of the technology on which RenovaroCube is based.

Prof. Mark Hoogendoorn, also a professor of Artificial Intelligence, expressed his enthusiasm: “We were pleased to be engaged to make an assessment of the AI platform; this is exactly the area of PersonalAIze’s expertise.”

Frank van Asch remarked on the collaboration, “The expertise of PersonalAIze’s team is exceptional, and their positive evaluation of our AI/ML platform is invaluable.”

RenovaroCube's AI platform has been advancing innovation for the past 12 years, evolving from its award-winning Fintech roots into a potentially groundbreaking multi-omic molecular differential system that identifies cancer in its earliest stages. It is an open platform that can be used as a SaaS by many private sector and academic or other large hospital and health systems. It is also disease agnostic, so it can be expanded for many purposes.

The initial aim is to transform cancer early detection and early detection of recurrence from a small vial of blood (liquid biopsy), potentially supporting clinicians to initiate treatments as soon as possible towards improved outcomes for patients.

In their analysis, PersonalAIze noted the platform's focus on liquid biopsies and third-generation sequencing coupled with AI techniques as highly promising, potentially allowing for comprehensive analysis across varying cancer types and stages. Prof. Sandjai Bhulai, also a professor of Mathematics, commented on the platform’s unique potential and the impressive multidisciplinary team at RenovaroCube under Frank van Asch’s leadership.

Based on these findings, PersonalAIze is eager to collaborate further with RenovaroCube to enhance and commercialize the platform.

PersonalAIze aims to contribute in several key areas:

  • Advancing AI models by leveraging the latest state-of-the-art techniques.
  • Supporting the professional growth of the software team.
  • Enhancing the explainability of AI models, engaging clinicians in model development.
  • Selecting optimal patient groups for data collection and evaluating models and final products in clinical settings.

This partnership could represent a substantial step forward in the fight against cancer, bringing together AI innovation and healthcare expertise to develop a powerful tool for early detection that has the potential to save countless lives.

About Renovaro
Renovaro aims to accelerate precision and personalized medicine for longevity powered by mutually reinforcing AI and biotechnology platforms for early diagnosis, better-targeted treatments, and drug discovery. Renovaro Inc. includes RenovaroBio with its advanced cell-gene immunotherapy company and RenovaroCube.

RenovaroCube has developed an award-winning AI platform that is committed to the early detection of cancer and its recurrence and monitoring subsequent treatments. RenovaroCube intervenes at a stage where potential therapy can be most effective. RenovaroCube is a molecular data science company with a background in FinTech and a 12-year history. It brings together proprietary artificial intelligence (AI) technology, multi-omics, multi-modal data, and the expertise of a carefully selected multidisciplinary team to radically accelerate precision medicine and enable breakthrough changes in cancer care.

About PersonalAIze
PersonalAIze focusses on building solutions that improve healthcare by leveraging state-of-the-art AI techniques. It has been founded by four experienced professors bringing together decades of research experience in AI and healthcare with the aim to bring the latest scientific AI developments into healthcare practice faster. PersonalAIze does this through both consultancy and product development and targets clinical decision making systems as well as improvement of health care operations such as capacity planning.

Forward-Looking Statements

Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties, including but not limited to the success or efficacy of our pipeline, platform and fundraising. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “plans,” “expects,” “aims,” “intends,” “potential,” or similar expressions. Actual events or results may differ materially from those projected in any of such statements due to various uncertainties, including as set forth in Renovaro’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Renovaro Inc. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

For media inquiries, please contact: karen@renovarocube.com

Source: Renovaro Inc.


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