Strategy

Partnership with Top Three GPU Provider in Focus as VisionX’s Proprietary Distributed AI Framework Gains Ground

VisionX recently designed and released a novel distributed AI framework consisting of Federated learning, Parallelism (Data and Model) and Transfer learning, on a decentralized DBC AI cloud. This technological breakthrough in the AI industrial field has been highly recognized from both of academia and industry, as our research paper was accepted by the 2019 International Conference on Image Analysis & Recognition (refer to the the details in the biweekly report).

Our work will be considered as an efficient and scalable AI framework by one of top three GPU providers in the world, as we are working out steps towards a monumental partnership. Distributed AI (DAI) incorporates swarm intelligence to various classes of technologies which address specific markets and problem solve by providing a distributed solution.

According to Global Market Insights, Inc. “The pharmaceutical end-use segment in the AI in manufacturing market accounted for over 8% of the industry share. The companies are using AI technology to improve efficiencies in biotech manufacturing and process development to improve their gross margins.”

According to Global Market Insights, Inc. “The pharmaceutical end-use segment in the AI in manufacturing market accounted for over 8% of the industry share. The companies are using AI technology to improve efficiencies in biotech manufacturing and process development to improve their gross margins.”

Practical applications of DAI include electronic commerce for trading strategies, routing in transport networks, scheduling, electronic power systems and networks in telecommunications. For example, in electronic commerce, the intuitive DAI system acquires knowledge from a large pool of financial data, digests the analysis and produces an output of financial trading rules.

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AI in the manufacturing market is projected to reach $16 BN by 2025 according to a 2019 Global Market Insights, Inc. Report, driven by the swift and ever evolving impact and appropriation of Industry 4.0.

Follow VisionX

VisionX, industrial AI chain, is a cross-industry high-performance AI collaboration platform, is the first AI+Blockchain project the DeepBrain Chain Silicon Valley lab has incubate. It has the single biggest and quality image dataset, uses a Unique taxonomy algorithm to complete a cross-industry AI solution fit for all. VisionX uses product surface defect visual detection as a breaking point, to gradually branch off to machine arm grab and pick, preventative maintenance, intelligent speech, supply chain and other fields. In the future it will serve thousands of industries offering AI solutions and data worth millions. 


Official Website
http://www.visionx.org/

Twitter
http://www.twitter.com/visionxglobal

Telegram
https://t.me/VisionXGlobal

Reddit
www.reddit.com/r/visionx

Youtube
https://www.youtube.com/channel/UCp2nv-fSaKgrTdP0QfthDoA

VisionX Secures Direct Investment & Signs Strategic Partnership with Delshad Development Group

The management of VisionX is proud to announce that we have signed and secured a Direct Investment & Strategic Partnership with Delshad Development Group on May 24th, 2019. Managing Partner, Andrew Delshad, runs a Real Estate Portfolio worth $50 million dollars comprised of both Commercial and Residential properties New York City metro area.

The VisionX Team is allocating 100% of the direct investment towards building out our AI solution algorithm. As part of the partnership agreement, we have agreed to deploy our meta dataset to assist Delshad Development Group in detecting visual abnormalities in the material components (steel, wood and metal) the company is using for construction, as our AI solution is highly useful for Property Management Companies.

This collaboration brings us new opportunities in the fields connecting AI and streamlining Real Estate Development. We look forward to providing our visual inspection solutions to Delshad Development Group.

About Delshad Development Group

Delshad Development Group is a multifaceted construction and investment firm that handles all aspects of Residential and Commercial Real Estate. The group maintains a symbiotic partnership with their sister companies Lorenzo Construction and EFD Management to simplify logistics, improve quality and drive down costs. Delshad Development group has access to individual and institutional private equity, and works closely with financiers who provide debt sourcing in the form of construction loans, bridge loans and mezzanine loans.

Their specialties include:

Construction Management

General Contracting

Commercial Construction

Multi-Unit Construction

Design-Build Services

Commercial Real Estate Acquisition

Facility Management Solutions

Delshad Development Group.png

Follow VisionX

VisionX, industrial AI chain, is a cross-industry high-performance AI collaboration platform, is the first AI+Blockchain project the DeepBrain Chain Silicon Valley lab has incubate. It has the single biggest and quality image dataset, uses a Unique taxonomy algorithm to complete a cross-industry AI solution fit for all. VisionX uses product surface defect visual detection as a breaking point, to gradually branch off to machine arm grab and pick, preventative maintenance, intelligent speech, supply chain and other fields. In the future it will serve thousands of industries offering AI solutions and data worth millions. 


Official Website
http://www.visionx.org/

Twitter
http://www.twitter.com/visionxglobal

Telegram
https://t.me/VisionXGlobal

Reddit
www.reddit.com/r/visionx

Youtube
https://www.youtube.com/channel/UCp2nv-fSaKgrTdP0QfthDoA

VisionX Announces VNX Buy-Back Program

Token Buy-Back Program

  • The management of VisionX has approved a repurchase agreement with the option to buy-back and burn up to 30% of the circulating supply of the VNX token over a 24 month period, effectively immediately. In years 3 and 4, VisionX has the option to buy-back and burn up to 30% of additional coins released into circulation, in accordance with the terms listed in our white paper.

  • The buy-back and burn program has been approved, effectively immediately.

  • This buy-back has no implications impacting our burner program stated in our white paper.

  • All repurchases of VNX token will be performed on Secondary Markets.

  • The buy-back and burn repurchase agreement sets forth the option to remove up to 30% of VNX token from current circulating supply in years 1 & 2, starting May 23rd, 2019 and ending May 22nd, 2021.

  • In years 3 and 4, VisionX has the option to buy-back and burn 30% of any additional VNX token released into circulation, starting May 23rd, 2021 and ending May 22nd, 2023.

  • The decision to purchase VNX on the secondary markets could be accelerated or decelerated at anytime.

To Our Community

As we have seen through various and unwavering market conditions, the price volatility in digital market places are much higher than in traditional asset classes. The buy-back and burn program will inherently support the underlying growth and price stability of our token, VNX. Through the buy-back and burn mechanism, we are increasing the liquidity of VNX token by decreasing the overall supply, yielding lower price volatility.

Since the initial release of VNX token on the secondary market, the price had fallen precipitously from November of 2018 until March of 2019. Even after current prices, we view the market capitalization to be substantially undervalued based on fast-tracking progress we have made through our product pipeline, technology and marketing fronts. As previously stated, this is the second of five strategic announcements that will be released in the short term. The VisionX ecosystem continues to be grounded by the unwavering support and trust from our community. This buy-back cements our firm belief in our company’s vision and the continuity shared with the VisionX family.

Follow VisionX

VisionX, industrial AI chain, is a cross-industry high-performance AI collaboration platform, is the first AI+Blockchain project the DeepBrain Chain Silicon Valley lab has incubate. It has the single biggest and quality image dataset, uses a Unique taxonomy algorithm to complete a cross-industry AI solution fit for all. VisionX uses product surface defect visual detection as a breaking point, to gradually branch off to machine arm grab and pick, preventative maintenance, intelligent speech, supply chain and other fields. In the future it will serve thousands of industries offering AI solutions and data worth millions. 


Official Website
http://www.visionx.org/

Twitter
http://www.twitter.com/visionxglobal

Telegram
https://t.me/VisionXGlobal

Reddit
www.reddit.com/r/visionx

Youtube
https://www.youtube.com/channel/UCp2nv-fSaKgrTdP0QfthDoA

Updates to Strategic Vision and Appointment of CFO

Hi VisionX Community,

I am David Mass, the newly appointed CFO of VisionX. I wanted to take this time to formally introduce myself and share our Strategic Vision going forward. I started my career at Fidelity Investments after graduating with a double major in Accounting & Finance from the University of Delaware. I’ve been in Investment Management for 8 years, supporting the Alternative Investment space including high profile Banks, Hedge Funds and Private Equity Firms. I have also been heavily involved in the robust and ever-evolving Blockchain industry for the past several years.

My role as CFO will be a hybrid of responsibilities, as we have a lot to tackle and high ambitions. We are currently in the midst of a classified search to onboard a highly skilled and experienced advisor to take VisionX mainstream, as the pre-eminent leader of AI Solutions. We have noticed, especially from a macro perspective, that developments in the trade industry and the evolving economy have had a profound impact on the Visual Inspection industry. Trade wars have started to compress margins, as tariffs are now attached to imports and exports globally. Developing our footprint in the inspection industry will help mitigate eroding margins for many manufacturers, which gives us a competitive edge within our space. While ramping up industry awareness, I’ve started a unique campaign to target and foster a relationship with a host of Fortune 500 companies to form partnerships with. I will also focus on driving marketing efforts, creating and evaluating strategic deals or synergies.

The VisionX Team is currently revamping the Roadmap, WhitePaper and website. We are in advanced talks with listing on a consortium of quality, top 10 exchanges by trading volume. Liquidity and availability of the VisionX token will help drive adoption, so we need to make a prudent decision which exchanges we are listed on. As we work through these developments, we ask for patience from the community, as the general process can take awhile to finalize. It is within everyone’s best interest that the VisionX Team take prudent steps to formulate and engineer our strategic pipeline, as it is our Fiduciary Responsibility to make wise decisions for the company.

Your voice is being heard; we have listened to our community amongst our various social media platforms. We believe it is prudent to provide increased awareness and transparency to our investors. I have made it a point to shore up our communication through the company’s social media channels. We will also be featured on Podcasts.

On behalf of the management team, our resolve is stronger than ever as we continue to bolster and grow the foundation of our business. I look forward to upcoming discussions and collaborations with members of the community and the team. Thank you for everyones continued support.

Best Regards,

David Mass, CFO VisionX

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Follow VisionX

VisionX, industrial AI chain, is a cross-industry high-performance AI collaboration platform, is the first AI+Blockchain project the DeepBrain Chain Silicon Valley lab has incubate. It has the single biggest and quality image dataset, uses a Unique taxonomy algorithm to complete a cross-industry AI solution fit for all. VisionX uses product surface defect visual detection as a breaking point, to gradually branch off to machine arm grab and pick, preventative maintenance, intelligent speech, supply chain and other fields. In the future it will serve thousands of industries offering AI solutions and data worth millions. 


Official Website
http://www.visionx.org/

Twitter
http://www.twitter.com/visionxglobal

Telegram
https://t.me/VisionXGlobal

Reddit
www.reddit.com/r/visionx

Youtube
https://www.youtube.com/channel/UCp2nv-fSaKgrTdP0QfthDoA