Speaking from the Bahamas, the company’s CEO said Bankorus was “very excited” to be working with JD.com; Gregory “Greg” Van den Bergh, initially came up with the basis of the idea whilst studying for an MBA at the Cheung Kong Graduate School of Business.
Greg says that mainland China’s financial services were far behind what was happening in the West. “In terms of infrastructure, there was nothing for the HNWI (High Net Worth Individual) market,” he said.
“The issue [in the Chinese private banking sector] was that budgets didn’t put much aside for risk management or for portfolio analysis”, Greg says. The ones that were around used Microsoft Excel to manage risk as well as for portfolio analysis which according to Greg, “was fine for investing in real estate or fixed income projects which at that time had never seen a principal risk or loss.”
However, this all began to change as more private banking firms in China began to recognise the importance of diversification. “They realised Excel was not sufficient anymore for all their calculations and monitoring”, Greg says.
https://themarketmogul.com/greg-bankorus-amazon-blockchain/
Topic: NEM (XEM) - JD.com invites Bankorus to join launched blockchain/AI accelerator (Read 125 times)
March 01, 2018, 04:55:03 PM
February 27, 2018, 05:47:45 AM
awesome !
February 27, 2018, 05:42:59 AM
JD.com invites Bankorus to join just-launched blockchain/AI accelerator
As one of the founding participants in JD.com’s accelerator program, Bankorus establishes itself as a thought leader in AI and blockchain innovation.
Bankorus CEO, Greg Van den Bergh attending the official signing ceremony at JD.com’s office in New York City.
Today, we’re truly excited to announce our participation in the founding cohort of “AI Catapult”, a new blockchain and AI accelerator launched by the AI Platform and Research Division of JD.com, China’s largest retailer.
With more than 266 million customers and millions of brands from around the world on its platforms, JD.com is the world’s third-largest internet company by revenue and the world’s leading company in commercial AI applications, through use of drones, robotics, and automation technology as well as smart supply chain, marketing, and customer service applications.
JD.com is launching AI Catapult to give startups the opportunity to partner with business units throughout JD.com’s massive retail business, providing real-world, large-scale applications for the most innovative AI and blockchain research and development.
As one of the first companies to work with JD on the creation of AI Catapult, Bankorus will provide thought leadership and extensive resource support to AI Catapult, helping other startups collaborate with industry leaders and leverage their combined network, expertise, and experience. Not only does the accelerator offer a space for both Chinese and international startups to grow and collaborate, but it also enables new players with great ideas to accelerate into mature, established organizations in the innovative blockchain/AI space.
“The decentralization power brought by blockchain has the capability to disrupt industries from finance to agriculture, but while the use-cases for blockchain technology are broad, many blockchain startups are unable to jumpstart their business as the developmental process is riddled with speed bumps,” says Bankorus CEO and co-founder Greg Van den Bergh. “We are excited to partner with JD.com and give startups the boost they need in such a competitive landscape.”
“We are delighted to bring our AI resources to the table as we partner with Bankorus to help startups translate blockchain into real and practical value,” said Uri Ferruccio, Director of Strategy and Investment for JD’s AI Platform and Research Division. “As JD works to develop the future of global commerce, AI Catapult will support JD.com as it explores how AI can improve the scalability, security, privacy, and efficiency of blockchain, and enable novel and improved applications in areas such as distributed AI.”
Source: https://medium.com/bankorus/jd-com-invites-bankorus-to-join-just-launched-blockchain-ai-accelerator-9a82c9e904c3
The $60 trillion+ opportunity: https://medium.com/bankorus/the-60-trillion-opportunity-996f0fb420c8
JD.com’s new accelerator focuses on blockchain startups: https://techcrunch.com/2018/02/26/jd-coms-new-accelerator-focuses-on-blockchain-startups/
Website: https://www.bankorus.com/
AI-powered, blockchain-based — The Bankorus protocol is an open-source API built on the NEM blockchain, so it's highly efficient and protected by the latest cryptography. Powered by AI, Bankorus's engines continuously deliver data-driven insights so HNWIs get the most out of their crypto-investments.
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As one of the founding participants in JD.com’s accelerator program, Bankorus establishes itself as a thought leader in AI and blockchain innovation.
Bankorus CEO, Greg Van den Bergh attending the official signing ceremony at JD.com’s office in New York City.
Today, we’re truly excited to announce our participation in the founding cohort of “AI Catapult”, a new blockchain and AI accelerator launched by the AI Platform and Research Division of JD.com, China’s largest retailer.
With more than 266 million customers and millions of brands from around the world on its platforms, JD.com is the world’s third-largest internet company by revenue and the world’s leading company in commercial AI applications, through use of drones, robotics, and automation technology as well as smart supply chain, marketing, and customer service applications.
JD.com is launching AI Catapult to give startups the opportunity to partner with business units throughout JD.com’s massive retail business, providing real-world, large-scale applications for the most innovative AI and blockchain research and development.
As one of the first companies to work with JD on the creation of AI Catapult, Bankorus will provide thought leadership and extensive resource support to AI Catapult, helping other startups collaborate with industry leaders and leverage their combined network, expertise, and experience. Not only does the accelerator offer a space for both Chinese and international startups to grow and collaborate, but it also enables new players with great ideas to accelerate into mature, established organizations in the innovative blockchain/AI space.
“The decentralization power brought by blockchain has the capability to disrupt industries from finance to agriculture, but while the use-cases for blockchain technology are broad, many blockchain startups are unable to jumpstart their business as the developmental process is riddled with speed bumps,” says Bankorus CEO and co-founder Greg Van den Bergh. “We are excited to partner with JD.com and give startups the boost they need in such a competitive landscape.”
“We are delighted to bring our AI resources to the table as we partner with Bankorus to help startups translate blockchain into real and practical value,” said Uri Ferruccio, Director of Strategy and Investment for JD’s AI Platform and Research Division. “As JD works to develop the future of global commerce, AI Catapult will support JD.com as it explores how AI can improve the scalability, security, privacy, and efficiency of blockchain, and enable novel and improved applications in areas such as distributed AI.”
Source: https://medium.com/bankorus/jd-com-invites-bankorus-to-join-just-launched-blockchain-ai-accelerator-9a82c9e904c3
The $60 trillion+ opportunity: https://medium.com/bankorus/the-60-trillion-opportunity-996f0fb420c8
JD.com’s new accelerator focuses on blockchain startups: https://techcrunch.com/2018/02/26/jd-coms-new-accelerator-focuses-on-blockchain-startups/
Website: https://www.bankorus.com/
AI-powered, blockchain-based — The Bankorus protocol is an open-source API built on the NEM blockchain, so it's highly efficient and protected by the latest cryptography. Powered by AI, Bankorus's engines continuously deliver data-driven insights so HNWIs get the most out of their crypto-investments.
---- FOLLOW NEM ----
NEM Websites:
https://nem.io/
https://nemflash.io/
Facebook:
https://www.facebook.com/ourNEM/
Youtube:
https://www.youtube.com/channel/UCnsSiqyb0PuQkqT4v8Xjugw
https://www.youtube.com/channel/UC1rMoMdDtHTXXfRg_iR-QJQ
Twitter:
https://twitter.com/nemofficial
https://twitter.com/inside_nem
https://twitter.com/2017Lon
Telegram:
https://t.me/nemred
https://t.me/nemberia
https://t.me/newsonnem
Reddit:
https://www.reddit.com/r/nem/
BCT:
https://bitcointalksearch.org/topic/nem-xem-official-thread-100-new-code-easy-to-use-apis-654845
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