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BetterU Education Corp. $BTRU.ca – Indian #EdTech startup #Credenc scores $2.5 million led by #Omidyar Network to grow its education loans platform $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:25 AM on Monday, December 2nd, 2019
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

Indian EdTech startup Credenc scores $2.5 million led by Omidyar Network to grow its education loans platform

  • Commenting on the funding, Mayank Batheja, Co-founder, Credenc, said, “Currently only 5% of the ~$50 billion annual spend on college tuition fee is financed by organised lenders.
  • We believe this penetration should be at least 15%,” to which Avinash Kumar, Co-founder added, “Our target segment consists of the top 10,000 colleges in India, and we would like to ensure that we are available for the top 10% of students from these colleges.”

Getting student loans for higher education in developing countries is a daunting task. According to India-based EdTech startup Credenc, 30% of Indian students’ families sell assets to fund their education. 20% borrow from local money lenders at rates as high as 3% a month. Another 30% give up on a college education. Credenc is a new education technology startup on a mission to provide higher education loans to students in India.

The start-up has mapped 70,000 job roles across 50,000 companies in India and developed a deep understanding of employability in India, to change the status quo. After providing financial support, Credenc works with students and helps them with employability services, handholding applicants as they transition from student to professional life.

Today, Credenc announced it has raised $2.5 million(INR 17.8 crore) in seed funding to expand operations to 1,000 colleges across 50 cities over the next 2 years. Credenc also plans to hire across technology, credit and banking partnerships. The round was led by Omidyar Network India with participation from EMVC , Better Capital, and IIMK Alumni Fund. Over the next 5 years, the startup plans to loan up to $0.5 billion.

Founded in 2017 by Avinash Kumar and Mayank Batheja, the Delhi, India-based Credenc, works as the digital finance desk of 200+ management colleges across 17 Indian cities. To date, the startup has approved loans of about $15 million (INR 100+ crore). With more than 200 loan requests a day, Credenc undertakes a rigorous evaluation process using a proprietary AI model which tracks 15 million data points to predict the future income of students applying for loans. Industry-wide, approval for education loans can take up to 2 months, vis-a-vis Credenc which qualifies applications within a fraction of that time.

Commenting on the funding, Mayank Batheja, Co-founder, Credenc, said, “Currently only 5% of the ~$50 billion annual spend on college tuition fee is financed by organised lenders. We believe this penetration should be at least 15%,” to which Avinash Kumar, Co-founder added, “Our target segment consists of the top 10,000 colleges in India, and we would like to ensure that we are available for the top 10% of students from these colleges.”

The annual spend on college fees in India is US $50 billion or INR 3.5+ lakh crore, of which only 5% is financed by organised lenders. For the USA, this figure stands at more than 60%. Credenc intends to change the segment perception and reduce underwriting risk basis its future employability score, which will help this percentage go up to 15%, as it partners with more than 3,000 colleges in 100+ cities to build an INR 3,500+ crore loan book in the next 5 years.

“Credenc’ differentiated lending model provides financing to deserving students, which helps them access post-secondary education and get meaningful employment. Avinash and Mayank’s solution will help in creating a level playing field for students from the Next Half Billion population by making quality education more accessible. We see this partnership as an opportunity to demonstrate that a highly impactful and profitable business can be built in the large and untapped higher education financing space,” said Sarvesh Kanodia, Associate, Omidyar Network India.

Source: https://techstartups.com/2019/11/29/indian-edtech-startup-credenc-scores-2-5-million-led-omidyar-network-grow-education-loans-platform/

ThreeD Capital Inc. $IDK.ca – Why Germany’s Friendly #Crypto Bill Is a Big Deal #Bitcoin #Ethereum $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:46 AM on Monday, December 2nd, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Why Germany’s Friendly Crypto Bill Is a Big Deal

  • In November, Germany became the leader of the free world where government acceptance of cryptocurrency is concerned.

By: William M. Peaster

In November, Germany became the leader of the free world where government acceptance of cryptocurrency is concerned.

That’s because last week, a bill was pushed forward by the Bundesrat, the upper house of Germany’s legislature, that would allow German banks to directly sell and custody cryptocurrencies for their clients as of January 1st, 2020.

Next up the country’s 16 states will make a final decision on the bill, though domestic analysts don’t expect resistance to the legislation at the national level.

That means the way is paved for the bill to officially come into law, a development that would mark a watershed moment not only for Germany but also for cryptocurrencies in general.

Crypto Goes Mainstream in Heart of Europe

Germany is one of the largest economies in the world and the EU’s most influential state. To that end, the country often sets the tone economically and politically for many nations in Europe.

With its new crypto bill, Germany’s legislators are signaling to their constituents and to the international stage that cryptocurrencies are to be embraced, not rejected. This dynamic will make Germany attractive to crypto projects around the globe who are interested in having a base in a very pro-crypto country.

“Germany is well on its way to becoming a crypto heaven,” Sven Hildebrandt, the lead consultant at major consulting firm DLC, said last week. In extension, other European countries and beyond may follow in Germany’s stead in passing ensuing waves of pro-crypto legislation. If in one decade’s time more banks than not directly deal with cryptocurrencies, German banks will have been the trailblazers.

Moreover, it cannot be overstated just how much Germany’s new friendly crypto bill does to move in the direction of normalizing and legitimizing cryptocurrencies as another avenue of mainstream finance. If digital currencies do go on to become widely adopted global financial tools, one could look back on Germany’s legislation as one of the important dominoes that dropped along that way.

The passing of the crypto bill comes on the heels of the German government publishing a national blockchain strategy for the first time back in September. The strategy put the country on course toward becoming a hub for blockchain enterprises.

“Germany should be an attractive location for the development of blockchain applications and investments in their scaling,” two government ministries said in a joint announcement at the time.

Germany Is Epicenter for “Digital Euro” Movement

Just like the U.S. Federal Reserve and China’s central bank, Europe’s top financial officials have taken serious notice of the Facebook-backed Libra stablecoin project.

In response, some European leaders have called for tougher restrictions on cryptocurrencies in general, though others yet have argued the European Union should become a hub for crypto innovation.

In that latter camp is the Association of German Banks, a group of 200 private German banks that serve as finance industry lobbyists in the EU’s biggest economy. Weeks ago, the association argued that Europe’s major stakeholders to back the development of a digital euro that had smart contract capabilities, saying they would commit to supporting the effort:

“The German private banks will play their part in establishing a sustainable and innovative monetary system. For this purpose, a programmable account and crypto-based digital euro should be created and its interoperability with book money ensured. The condition for this is establishing a common pan-European payments platform for the programmable digital euro.”

The association’s plea for a digital euro came one month after German Finance Minister Olaf Scholz should create its own public cryptocurrency.

“We should not leave the field to China, Russia, the US or any private providers,” Scholz said.

Source: https://blockonomi.com/why-germanys-friendly-crypto-bill-is-a-big-deal/

betterU $BTRU.ca to announce their Enterprise SaaS Skills Platform at India’s Prestigious Leadership Summits #Edtech $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 8:18 AM on Monday, December 2nd, 2019
  • Named as the Education Partner for the 17th Hindustan Times Leadership Summit taking place in New Delhi, India December 6-7.
  • betterU will be announcing the launch of its new B2B software-as-a-service (SaaS) Enterprise Skills Platform to an audience of over 800 senior politicians, bureaucrats, diplomats, business executives, thinkers, commentators and analysts

OTTAWA, Dec. 02, 2019 — betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU“) is pleased to announce that it has been named as the Education Partner for the 17th Hindustan Times Leadership Summit taking place in New Delhi, India December 6-7. betterU will be announcing the launch of its new B2B software-as-a-service (SaaS) Enterprise Skills Platform to an audience of over 800 senior politicians, bureaucrats, diplomats, business executives, thinkers, commentators and analysts coming together to hold ‘Conversations for a Better Tomorrow’, which is a foundational theme of this year’s event.

betterU’s CEO, Brad Loiselle, will share the stage with 23 global leaders including: https://www.globenewswire.com/NewsRoom/AttachmentNg/6413f09f-7e08-4517-8530-b8fc2f74d8dd

Mr. Loiselle has been asked to share his thoughts on the challenges and opportunities of continual reskilling and upskilling in corporate competitiveness, and what emerging technology companies like betterU are doing to address continual change and disruption. Mr. Loiselle will demonstrate betterU’s breakthrough B2B SaaS Enterprise Skill Platform, which will be showcased throughout the event.  

https://www.hindustantimes.com/htls/hindustan-times-leadership-summit-2019/

The Company is also pleased to announce that its B2B SaaS Enterprise Skill Platform will be a global offering open to enterprise clients in both developed and developing economies. betterU if offering special promotions to companies with 50 to 50,000 employees who wish to immediately participate as beta customers in advance of full commercial launch in early 2020. betterU greatly appreciates the opportunity to contribute to the 17th Hindustan Times Leadership Summit and to build awareness for the Company’s breakthrough B2B SaaS Enterprise Skill Platform.

About betterU Education Corp.

betterU is an education-to-employment technology company offering an end-to-end skilling solution using artificial intelligence and skill automation designed for organizations who are seeking to skill, reskill or upskill their talent.

betterU has curated and collaborated with over 100 global organizations who has provided access to their content, technology and support the developed of skills assessments/reassessments, learning paths, and career development opportunities in betterU’s easy to use integrated platform. betterU’s eco-system includes full job / skill / employer / educational profile for essentially every country and every city with detailed job profiles (automation, skills, employers, etc) for 3,000 standardized jobs. They have also added taxonomy for 30,000+ skills with clustering and hierarchy and 30,000+ educational institutions and their individual programs mapped across Job / skill / talent profiles for millions of companies globally. The collaboration solution is the only way forward to solve mass skilling challenges for employers and employees globally.

We are helping India build better companies by developing better employees.

CONTACT INFORMATION

On behalf of the Board of Directors,
betterU Education Corp.
Brad Loiselle, CEO

CONTACT INFORMATION

Investor Relations
1-613-695-4100
Email: [email protected]

Speakers of Leadership Summit

Dec 6-7 Hindustan Times Leadership Summit. betterU is the Education Partner and CEO will be announcing new Enterprise Skill Platform

Empower Clinics $CBDT.ca – Study: #CBD – Rich #Cannabis Can Treat ‘Multiple Symptoms’ of Autism $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 4:45 PM on Friday, November 29th, 2019

SPONSOR:

Why Empower Clinics

  • A leading owner/operator of physician staffed health and pain management clinics
  • Patient database of over 165,000 patients 
  • Platform generating $4MM USD in revenue annually (2019)
  • Proprietary technology platforms including Electronic Health Records portal and e-Commerce for CBD product distribution
  • Launching CBD extraction facility
  • First extraction system capacity = 6,000 Kg per year.

Study: CBD-Rich Cannabis Can Treat ‘Multiple Symptoms’ of Autism

By Chris Roberts

It’s pure coincidence that autism—a broad term used to describe a spectrum of behaviors our society has deemed “aberrant”—became known and more widely diagnosed at the same time medical cannabis use was normalized in the United States.

The timing alone meant it was probably inevitable that weed would be used to try and “treat” autism, which affects one out of every 68 children born in the country and has no known “cure,” but there’s also the handy and salient fact that, according to a heap of anecdotal evidence, CBD-rich cannabis oil seems to help.

A growing body of clinical research attesting to cannabis’s success in treating autism continues to expand. In one of the latest studies, published in the most recent issue of the journal Frontiers in Neurology, patients with autism receiving “CBD-enriched” cannabis oil showed vast improvements in social interaction and communication, as well as other neurological benefits.

The first cannabis-based pharmaceutical drugs allowed in the United States have been to treat children with severe epilepsy. The conditions in the brain that lead to epileptic seizures may also somehow be related to the conditions—the “etiological mechanisms,” in researcher-speak—that lead to non-epileptic autism.

The cannabinoid that appears to treat these conditions is CBD, or cannabidiol, which appears to have value as a “neuroprotectant,” an intervention that allows the brain to function “better,” as well as an anti-inflammatory agent. So there’s some logic, as well as science, behind the approach.

In this most recent study, researchers in Brazil monitored the progress of 18 patients with autism over a period of up to nine months. Each of the patients received a CBD-rich cannabis sativa extract with a CBD to THC ratio of 75 to 1. The patients received 4.6 milligrams of CBD per kilogram of body weight to 0.06 milligrams of THC—a not insignificant dose for someone weighing more than 100 pounds.

Three patients discontinued the treatment because of “adverse effects” during the first month, but of the 15 who continued, 14 showed “some level of improvement” in multiple categories of symptoms.

Nine of the patients—the ones who did not also have epilepsy as well as autism—showed “improvement equal to or above 30%” in at least one of the categories monitored, and four patients showed significant improvement in at least four categories, including social interaction and function, as well as the ability to sleep and stay focused.

It’s hard to say with certainty whether the CBD was doing the work or was merely one tool in a box doing its share of the work. But as the researchers noted, 10 of the 15 patients were on other medications prior to starting the study—and nine of the 10 still showed improvement after cutting out or reducing their other, non-cannabis medications.

“The results reported here are very promising,” the researchers wrote, “and indicate that CBD-enriched [cannabis] may ameliorate multiple [autism spectrum disorder] symptoms even in non-epileptic patients, with substantial increase in life quality for both … patients and caretakers.”

As it happens, the pharmaceutical industry seems well aware of this potential: GW Pharmaceuticals, which patented and markets Epidiolex, the drug for epileptic children, is also working on developing a cannabis-derived drug that would be used to treat autism, as CNN’s Sanjay Gupta reported in September.

But this enthusiasm is not yet shared by researchers and doctors whose job it is to treat the condition.

“To date, there is limited research, and no evidence, on the potential short-term, long-term or neurodevelopmental risks and benefits of medical marijuana or its related compounds in ASD,” the Autism Science Foundation says on its website.

They’re not entirely wrong—there does need to be more evidence and successful clinical trials, including standardized dosing, before experts can endorse such a treatment—but it also seems clear that many parents and caretakers are unwilling to wait and happy to try cannabis. That’s why a growing number of states where medical cannabis is legal, including Texas, allow patients with autism to access cannabis oil.

Source: https://observer.com/2019/11/cbd-cannabis-autism-symptoms-study/

CardioComm Solutions $EKG.ca – 21st Century Cures Act’s Authors to Focus on #Mhealth in Cures 2.0 $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 1:22 PM on Friday, November 29th, 2019

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

21st Century Cures Act’s Authors to Focus on mHealth in Cures 2.0

A second iteration of the landmark 21st Century Cures Act, which was passed in 2016, will set its sights on support for mHealth technology, like digital therapeutics, to improve care management.

By Eric Wicklund

  • Reps. Fred Upton and Diana DeGette, who helped usher the original bill to passage in 2016, have issued a “Call to Action” for what they’re calling Cures 2.0. And they’re focusing much of their efforts on connected health platforms that will “modernize coverage and access to life-saving cures in the United States and across the globe.”

“We believe that digital health technologies hold the promise of modernizing U.S. health care in ways that transform how Americans access medical services,” Upton, a Republican from Michigan, and Degette, a Democrat from Colorado, said in a recent bulletin. “Digital technologies have helped to transform other sectors of the U.S. economy in ways that improve access to products and services and decrease their costs without harming quality. It is time for that same transformation to occur in health care.”

“Recognition of digital platforms as sources of medical services combined with reforms to how digital products may be covered and reimbursed for by payers such as Medicare will be critical to realizing this potential,” they added.

Other aspects of Cures 2.0, the lawmakers said, would target improved Medicare coding, coverage and payment for digital health, better methods for collecting and using real world evidence, and improvements in how families and caregivers can aid in care management.

Signed into law by President Barack Obama at the end of 2016, 21st Century Cures, targeted, for a large part, various healthcare industry initiatives aimed at improving treatment for conditions like cancer and Alzheimer’s disease. It also called for more effective use of electronic health records and health information technology.

Specifically, the bill called for the Secretary of Health and Human Services to “establish a goal with respect to the reduction of regulatory or administrative burdens (such as documentation requirements) relating to the use of electronic health records,” and subsequently create a strategy to achieve such a goal.

Additionally, it asked the Office of the National Coordinator for Health Information technology to work on progressing certified EHR technology and health IT, specifically in the realm of information blocking. By making clear distinctions about what constitutes information blocking as well as consequences for the practice, ONC will play its role to improve healthcare technology use.

The bill included funding to use health data to drive cures, allocating $4.8 billion to the National Institutes of Health to be split among different goals: $1.8 billion will go toward the Cancer Moonshot, $1.4 billion will fund the Precision Medicine Initiative, and $1.6 billion will go toward the BRAIN Initiative which contributes Alzheimer’s research.

And it allocated $500 million to the US Food and Drug Administration to streamline the regulation of certain drugs and $1 billion in grants to help fight the opioid crisis.

With Cures 2.0, Upton and DeGette want o pay more attention to how technology can be used to improve care management. They’ve set a December 16 deadline for comments on those topics, as well as suggestions for other reforms.

Source: https://mhealthintelligence.com/news/21st-century-cures-acts-authors-to-focus-on-mhealth-in-cures-2.0

CardioComm Solutions $EKG.ca – #Mhealth Tools Help Providers Access Data When They Most Need It $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 1:56 PM on Thursday, November 28th, 2019

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Mhealth Tools Help Providers Access Data When They Most Need It

Healthcare providers are using mHealth platforms to access and transmit vital health data from the field – including accident sites, homes and ambulances – back to the ED, and vice versa.

  • Moving forward (literally), telehealth advocates see ambulances and other rescue vehicles as more than transportation, but rather, extensions of the hospital. Armed with mHealth and telemedicine technology, they can replicate the ED and begin treatment long before the patient transfers into the hospital
  • With mobile devices like smartphone, tablets, laptops and even wearable devices that can gather and transmit information at a moment’s notice, health systems are finding new ways to improve care in the field, whether it be an accident site, someone’s home or the ambulance.

By Eric Wicklund

November 27, 2019 – Healthcare providers are finding that mHealth can help them better prepare for and treat critical care patients coming into their Emergency Department

At King’s Daughters Medical Center in Brookhaven, MS, first responders are using an mHealth platform from DrFirst called Backline, which enables them to scan the barcode on a patient’s driver’s license to access six months’ worth of medication history. The tool gives EMS providers a better understanding of the healthcare needs of a patient, especially one who’s unconscious or unable to remember his or her medication history.

“You can’t get a history from a patient who isn’t responsive,” says Lee Robbins, director of emergency medical services at the 99-bed community hospital. “In the past, we could only get information from (patients) who are awake or are willing to give us that information. Knowing this information gives us a much better chance at a good outcome.”

In addition, EMS providers can use the connected health platform to send that data back to the hospital, giving ED and trauma staff a better idea of what that patient will need. That’s valuable time they can use to update the patient’s chart or order tests, such as CT scans or electrocardiograms.

“Time is very important – minutes or even seconds can have an impact” on a patient’s life, says Robbins, who would like to see tools like this integrate with the hospital’s EMR platform and include real-time communication between first responders and the hospital.

At Montefiore St. Luke’s Cornwall Hospital in Newburgh, NY, meanwhile, care providers are using an mHealth app called PreDX to get alerts on opioid abuse outbreaks in their community. When a number of overdoses or other data points is detected in a cluster by the platform, they’ll know to alert and prepare first responders as well as the ED.

“If we get that information on the front line, then we can mobilize,” says Kathleen Sheehan, the hospital’s director of emergency and trauma services. “It gives us a better chance to respond to an emergency and treat these people more quickly.”

With mobile devices like smartphone, tablets, laptops and even wearable devices that can gather and transmit information at a moment’s notice, health systems are finding new ways to improve care in the field, whether it be an accident site, someone’s home or the ambulance.

But as with all other telehealth programs, the key lies in making sure the right information is gathered and sent to the right recipient. Information on opioid abuse or disease outbreaks will only help providers if they know what outbreak to address, and medication data sent from the ambulance to the ED will help providers if that medication history has a chance of interfering with care.

For example, a male patient being transported to a hospital might not readily admit that he’s taking Viagra or Cialis, yet those medications contain sildenafil and tadalafil, which could cause one’s blood pressure to drop excessively if a paramedic uses nitroglycerin to treat chest pain. A quick scan of the patient’s medication history would prevent that from happening.

Moving forward (literally), telehealth advocates see ambulances and other rescue vehicles as more than transportation, but rather, extensions of the hospital. Armed with mHealth and telemedicine technology, they can replicate the ED and begin treatment long before the patient transfers into the hospital.

“Any tool that we can use that improves patient safety, care quality and patient experience is a positive,” says Robbins.

Source: https://mhealthintelligence.com/news/mhealth-tools-help-providers-access-data-when-they-most-need-it

BetterU Education Corp. $BTRU.ca – The Digital Learning #Edtech Revolution: How Classes are Moving Out Of The Classroom $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:45 AM on Thursday, November 28th, 2019
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

The Digital Learning Revolution: How Classes are Moving Out Of The Classroom

  • Indian classrooms are growing in numbers every day, and the overburdened teachers are unable to bridge the learning gap experienced by individual students
  • Edtech tools are the best solution to ensure accessibility of quality education in our country, and its growing demand across the student community validates this stance
  • In fact, India has become the third-largest market for online education, with trends such as P2P collaborative learning systems becoming the latest rage in the domain of education and learning

By: Michał Borkowski

Every learning process has two principal stakeholders—students and teachers, or as we like to call them learners and helps—and two fundamental engagement tools, questions and answers. Learning processes essentially can be centered on either the teacher or the student, but the outcomes they result in are drastically different. The didactic learning process wherein the teacher occupied the central role and the student was merely a blank slate (Tabula Rasa) was a monotonous and regimented affair, relying solely on the transfer of knowledge from a teacher to a student. 

Opposed to it, the new-age online learning method which has its roots in the revolutionary teaching methods of Socrates, the ancient Greek logician and thinker, has turned the very nature of learning inside out. It proposes a student centered mode of learning wherein the visible demarcations of master and disciple are essentially blurred and both exist as equal stakeholders. 

 Online learning—A solution tailor-made for the Indian academia

Indian classrooms are growing in numbers every day, and the overburdened teachers are unable to bridge the learning gap experienced by individual students. Edtech tools are the best solution to ensure accessibility of quality education in our country, and its growing demand across the student community validates this stance. In fact, India has become the third-largest market for online education, with trends such as P2P collaborative learning systems becoming the latest rage in the domain of education and learning.

Technology and new-age tools have practically reformed the existing learning framework. Now, teachers, students and parents simultaneously interact in a cohesive union, relentlessly pursuing knowledge through an active collaboration of ideas and critical faculties. This empowers the students to be their own masters by equipping them with a customized and practical form of education and allows them to exercise control over their learning which would help them better in terms of practical and real-time application. When learners get to assert better control over their learning experience, they are likely to take a more proactive stance towards the same, ultimately resulting in better outcomes.

The education system in India has long suffered from inherent flaws and inadequacies owing to its direct and continued formal dependency on the colonial education system which stresses on ineffective rote learning and representing facts on paper without practical realization. But things are fast changing. Online education has really picked up pace as over 370 million Internet users and countless more localized and global entrepreneurs are readily investing in the online education market. By 2018, India had 3,500 edtech start-ups running operations across the country.

Replacing standardization with personalization

Going beyond the conventional one-way process, digital platforms allow users to overcome the limits of time and space, as a learner could now access evaluate and assess information from anywhere at any time, as long as one has an Internet connection and an inclination to learn. Since every individual possesses a unique mental aptitude and grasping level and one can learn at a pace that best suits them through such platforms. These platforms empower every individual to grasp knowledge at a personal customized pace which makes learning easy and desirable rather than a sordid task at hand which one dreads and undertakes unwillingly.

Edtech platforms also serve as a single platform for every stakeholder in education to come together. They celebrate the uniqueness and individuality of every student by bringing all the elements of the classroom—the teachers, the students and the parents in an organic unison. The spirit of doubt, curiosity and creativity are now encouraged which has brought about massive changes in the hitherto predefined dimensions of knowledge. These platforms further allow the learning process to continue at home through uninterrupted assistance and guidance. The teacher no longer has to be physically present to tutor the child whenever they get stuck on a particular problem or a tricky lesson.

Today, the e-learning market in India is approximated to be worth more than three billion dollars. The National Draft Education Policy, 2019 also lays significant emphasis on increasing the penetration of technology in all aspects of education. Although formal education structure still holds the same relevance, the very manner of its proliferation has undergone a monumental change owing to the rise of digital learning. Digital edtech tools have reduced the workload on teachers, who now thrive in their new role as a catalyst of change that proactively engages and enables the students to acquire knowledge from multiple sources.

When students are allowed to become their own masters and be responsible for the supervision of their learning experience, it initiates the formation of an informed and empowered society that prizes questioning over obedience and intelligence over authority. Online learning platforms have indeed done away with the space-time restrictions of classrooms and empowered the primary stakeholder in learning, i.e. the learner itself, in a manner that would surely have made Socrates proud.   

Source: https://www.entrepreneur.com/author/michal-borkowski

NORTHBUD $NBUD.ca – Consumers research #CBD more than many other wellness trends, study finds $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 10:12 AM on Thursday, November 28th, 2019

SPONSOR: NORTHBUD (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

Consumers research CBD more than many other wellness trends, study finds

  • American consumers are researching CBD more than many other alternative health trends and products, according to a new study looking at Google searches.

Health scientists from the University of California, San Diego, Johns Hopkins University in Baltimore and the University of York in the United Kingdom measured U.S. Google searches that mentioned CBD and cannabidiol from 2004 through April of this year.

The study found that while search volumes were consistent from 2004 to 2014, they began to grow significantly in 2016. Search volumes increased year-over-year by 125.9% in 2017 and 160.4% in 2018, and they are expected to be 117.7% higher in 2019.

In April 2019, there were 6.4 million Google searches for CBD, the researchers wrote in an American Medical Association journal detailing their findings.

The April 2019 searches for CBD were on par with yoga and e-cigarettes but seven times more prevalent than acupuncture, five times higher than apple cider vinegar and three times more than meditation.

CBD searches also outnumbered searches for:

  • Vaccination
  • Exercise
  • Marijuana
  • Veganism

Researchers broke down the results by state. Searches for CBD this year were highest in Vermont, Wisconsin, Tennessee, Colorado, New Hampshire and Oregon.

Source: https://hempindustrydaily.com/consumers-research-cbd-more-than-many-other-wellness-trends-study-finds/

Datametrex $DM.ca Reports Record Quarter With $1,683,985 In Revenue

Posted by AGORACOM-JC at 7:19 AM on Thursday, November 28th, 2019
  • Company reported revenues of $1,683,985 compared to $589,648, up by 186%.
  • For the nine months operations, the Company reported revenues of $2,559,068 compared to $1,872,944, up by 37%.
  • Company’s cash position improved significantly, $812,853 compared to $66,296 in the previous quarter.

TORONTO, Nov. 28, 2019 — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM) (FSE: D4G) (OTC: DTMXF) today released its financial results for the third quarter ended September 30, 2019. The Company’s cash position improved significantly, $812,853 compared to $66,296 in the previous quarter. In this quarter, the Company reported revenues of $1,683,985 compared to $589,648, up by 186%. For the nine months operations, the Company reported revenues of $2,559,068 compared to $1,872,944, up by 37%. Operating costs were significantly reduced, $1,034,071 compared to $2,192,822 in the third quarter, down by 53%.

“In Q3 2019, the Company achieved key milestones and made significant strides in strengthening its AI platform and offering.  Increased sales and significant reduction in operating costs attributed substantial improvement in the bottom line,” said Marshall Gunter, the Chief Executive Officer of the Company.

Further commenting on the Q3 2019 results, Jeff Stevens, President of the Company stated “Datametrex was recently featured on CTV for its latest findings. The company’s proven technology sees tremendous opportunity across the North American and Asian markets where it is gaining wide acclaim. These markets have the potential to drive strong revenue across a variety of multinationals.”

“We are pleased with the improvements year over year and remain committed to increasing sales. Reducing costs and streamlining operations will position the Company for continued growth. The article published by Nicole Bogart of CTV further validates and substantiates our technology in the cyber security sector,” says Marshall Gunter, CEO of the Company.

Highlights for Q3 2019:

  • The Company was successful in securing the second contract of a multi phase R&D program through the Department of National Defence’s Innovation for Defence Excellence and Security (IDEaS) program with a value of approximately $945,094.
  • The Company was successful in software licencing contract with GreenInsightz Limited for the use of its proprietary Nexalogy’s Artificial Intelligence software platform for a value of approximately $1 million in cash and shares.
  • The Company was successful in securing another contract with a division of Lotte for approximately $1,000,000.
  • The Company participated in NATO Research Task Group in Paris, France.
  • Promoted Marshall Gunter to Chief Executive Officer.

Financial Highlights

The following table reconciles income from operations to EBITDA and Adjusted EBITDA for the three and nine months ended September 30, 2019 and September 30, 2018:

  Three months ended Sep. 30,    Nine months ended Sep. 30,  
 2019  2018  2019  2018 
$  $  $  $ 
Revenue  1,683,985   589,648    2,559,068   1,872,944 
Net loss  (695,803) (15,236,076)  (2,612,556) (18,165,683)
EBITDA*  (539,115) (14,350,712)  (2,092,871) (15,709,824)
Adjusted EBITDA*  (539,115) (1,422,731)  (2,092,871) (1,565,323)
EBITDA per share*  (0.002) (0.072)   (0.009) (0.079)
            

* Note: EBITDA and Adjusted EBITDA are non-GAAP/IFRS figures. “EBITDA” represents net income plus income tax, finance expense and depreciation. “Adjusted EBITDA” represents EBITDA plus share-based compensation and one-time costs. “Adjusted Net Income” represents net income plus one-time finance expenses.

The Company believes that Adjusted EBITDA is useful additional information to management, the board and investors as it provides an indication of the operational results generated by its business activities prior to taking into consideration how those activities are financed and taxed and also prior to taking into consideration asset depreciation and amortization and it excludes items that could affect the comparability of our operational results and could potentially alter the trends analysis in business performance. Excluding these items does not necessarily imply they are non-recurring, infrequent or unusual. Adjusted EBITDA is also used by some investors and analysts for valuing a company. Investors are cautioned that Adjusted EBITDA should not be construed as an alternative to operating earnings or net earnings determined in accordance with IFRS as an indicator of the Company’s financial performance or as a measure of the Company’s liquidity and cash flows. Adjusted EBITDA does not take into account the impact of working capital changes, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed in the consolidated statements of cash flows.

Non-GAAP financial measures do not have standardized meaning prescribed by GAAP and are therefore unlikely to be comparable to similar measures presented by other companies. Specific items may only be relevant in certain periods. For reconciliation of non-GAAP financial measures please refer to the Company’s Management Discussion and Analysis for the period ended June 30, 2019.

The financial statements, notes to the financial statements and Management’s Discussion and Analysis for the nine-month period ended September 30, 2019 are available on SEDAR at www.sedar.com.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).

Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Jeffrey Stevens – President
Phone: (647) 777-7974
Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “anticipated”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The Company is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. Datametrex cannot assure investors that actual results will be consistent with these forward looking statements and Datametrex assumes no obligation to update or revise the forward looking statements contained in this release to reflect actual events or new circumstances.

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Better battery tech could boost EV range, speed up charging

At least if battery manufacturers can keep up with demand as electric power expands.

  • Battery demand is surging as conventional automakers catch EV religion
  • Along with US automakers, German giant Volkswagen now has a massive EV push
  • And Japan’s Toyota, taken by surprise when EV demand grew faster than it expected, is pushing battery-powered car development and working on battery supply deals.

Stephen Shankland November 25, 2019

Ford’s first electric SUV, the Mustang Mach-E, arrives next year, and it shows just how far we’ve come with EVs. Mainstream carmakers like Nissan, General Motors, BMW, Hyundai, Jaguar and Porsche are filling a field that once belonged to counterculture icon Tesla. And better batteries should keep the new models coming.

At the IDTechEx conference this week, startups showed off new battery technology that improves on today’s lithium-ion designs. The developments increase driving range, cut costs, extend useful lifespan, speed up charging and reduce fire risks. That’ll continue the kind of steady progress that’s more common in the computer industry than the car industry.

For now, the improvements are mostly in labs, and many of them won’t arrive until well into the next decade. But they’re an important foundation for the dreams of EV proponents, who want to see conventional cars that belch greenhouse gases replaced by cleaner, quieter electrics. Once passenger cars are plug-in, expect to see electric trucks, tractors, excavators, buses and even airplanes.

Burgeoning battery startups

The most important battery improvement is in energy density, the amount of kilowatt-hours of juice that can be stored in a given mass. That can extend range, cut battery costs and reduce vehicle weight, which in turn improves range. Startups are racing to achieve that and other improvements through changes to anodes, cathodes and other components.

Enevate, an Irvine, California-based startup whose investors include battery giant LG Chem, expects more storage capacity and dramatically faster charging. The company sees charging times dropping to just five minutes for a three-quarter charge. Conventional gas stations could be converted into “drive-through charging stations,” Executive Vice President Jarvis Tou said.

Another, Solid Battery, plans solid-state cells that do away with liquid elements and increase energy density by 50%, according to Chief Executive Douglas Campbell. His company’s approach has “the best blend of performance and manufacturability” and boosts safety, and BMW and Ford have development agreements with the company, he said.

Global Graphene Group also plans to improve batteries by encasing silicon in the anode with graphene, an exotic form of carbon sheets only one atom thick. The result, according to CEO Bor Jang, a longtime graphene researcher, will be batteries costing 30% less and powering EVs with a 700-mile range. Jang expects those batteries can be fully charged in five to 15 minutes.

Will EV demand mean battery shortages?

It all sounds promising, but burgeoning demand could cause battery costs to increase. Indeed, battery supply constraints mean Ford will make only 50,000 Mustang Mach-E vehicles in 2021.

“The demand is going to be enormous,” IDTechEx analyst Peter Harrop said of vehicle batteries. “We keep revising our forecasts upwards.”

Battery demand is surging as conventional automakers catch EV religion. Along with US automakers, German giant Volkswagen now has a massive EV push. And Japan’s Toyota, taken by surprise when EV demand grew faster than it expected, is pushing battery-powered car development and working on battery supply deals.

Electric vehicle sales should increase from 2 million in 2018 to 10 million in 2025, BloombergNEF forecasts. No wonder Tesla, which just announced its Cybertruck pickup on Thursday, is working on building its own batteries.

Analyst firm IDTechEx expects electric vehicles used for construction, agriculture and mining to outsell electric passenger cars. IDTechEx; photo by Stephen Shankland/CNET

Rising costs could slow the spread of electric power to all sorts of other industries, too, like construction, agriculture, mining, mass transit and aircraft.

Battery progress will help all these new industries become greener and quieter only if all that extra energy can be squeezed more tightly into cells without increasing risks of fires and explosions. Lithium-ion battery fires grounded Boeing’s early 787 Dreamliner aircraft, and there have been problems in large batteries for grid-scale energy storage because of insufficient testing, Harrop said.

“The industry is cutting corners in the race to get energy density, faster charging and longer cycle life,” Harrop said. “The fires will continue.”

Electric aircraft, too

Still, many companies, like French aerospace giant Airbus and US rival Boeing, believe batteries are coming.

Startup Ampaire is banking on a hybrid aircraft that marries conventional fuel-powered engines with battery-powered motors for propeller-powered aircraft common on short-haul routes. They’ll be much quieter at takeoff and will cut fuel use, a major constraint for short flights that are canceled when fuel costs increase, said Pete Savagian, the company’s senior vice president of engineering.

A larger scale hybrid due in 2021, the Airbus E-Fan X prototype jet will swap out one of its four conventional jet engines with a 2-megawatt electric motor, said Bruno Samaniego López, a power and electrical engineering leader at the company. A new single-aisle jet with 20MW of electrical power is planned after that, he adds.

“We are very committed to this ambitious path of electrification,” Samaniego López said. “It is happening, and it will be the future.”

Source: https://www.cnet.com/roadshow/news/better-battery-tech-could-boost-ev-range-speed-up-charging/