Zebi Acquires Blockchain Startup Element42

Zebi, a leading blockchain company, has announced the acquisition of Element42, a Bangalore based blockchain start-up. Zebi has made the acquisition to bolster the strength of its in-house blockchain engineering talent while adding new products and customers.

Founded in 2015 by IIT alumni, Zebi has created globally innovative products leveraging decades of technology experience. Within a year of its operations, Zebi Asset Chain has been implemented by GoAP for the city of Amaravati to blockchain the land registry and Zebi’s AI Chain product has been adopted by police departments in 3 districts of Andhra Pradesh and running live at 1000+ hotels.

Zebi shot up to fame after it developing its flagship blockchain-based Artificial Intelligence (AI) solution for hospitality industry. Again in May last year, it made news when police in Andhra Pradesh had ordered hotels and inns to deploy the blockchain security solution developed by Zebi.

Element42 was founded by Pruthvi Rao, an IIT Kharagpur Alumnus, to provide its customers anti-fraud and transparency solutions. The platform uses blockchain, IoT and analytics to provide protection against fraud and counterfeiting. Element42 is a portfolio company of the prestigious San Francisco based Alchemist Accelerator and were also ranked fifth in the Deloitte Tech Fast 50 India 2018.

This acquisition will transfer all of Element42’s clients to Zebi, allowing Zebi to expand its product line and customer base. The solution provided by Element42 leverages blockchain technology and offers advanced protection against fraud risk management with wide applications across many industry segments.

Sudheer Kuppam, Co-founder and CEO – Zebi said,“This endeavour gives fantastic momentum to Zebi. With the combined resources, we are looking forward to developing and launching many more innovative products targeting Telecommunications, BFSI and Logistics industries in the coming months. Our goal is to firmly establish Zebi as the preeminent leader in real world applications leveraging blockchain technology.”

Pruthvi Rao, CEO – Element42, commented, “This is an exciting time for a disruptive technology like blockchain. Zebi’s core technology will not only allow us to strengthen our existing offerings, but also help develop new products. This will surely be the biggest blockchain story in a few years to come. This deal brings a critical mass of developers  together for distributed ledger technology based product offerings.”

The expanded business will serve 35+ enterprises and government organizations across India and the team’s experience will also span a wide variety of distributed ledger technologies including Ethereum, Hyperledger, Tendermint, Corda, Stellar, IOTA, NEM etc.

Founded in 2015 by Silicon Valley veterans, created a globally innovative big data platform with unique Blockchain and encryption technologies for tamper-proof and hacker-proof systems with audit trail. Zebi's blockchain products - Zebi Asset Chain (Land Registry), Zebi AI Chain (Hospitality & Police) and Zebi Edu Chain (Education) are in commercial deployment while Zebi Tele Chain (Telecommunications), Zebi Fin Chain (Stock Trading) and Zebi Log Chain (Logistics) are in pilot mode. Zebi serves its customers from offices in Bengaluru, Dubai, Hyderabad, Singapore, USA and Vizag.

Top Image Caption : (L-R): Sudheer Kuppam, Co-Founder & CEO, ZEBI and Pruthvi Rao, COO, ZEBI

Source - Feed from Business Wire India

Andhra Police Ordered Hotels To Deploy Blockchain-Based AI Solution Developed By Local Startup

If you're a blockchain tech enthusiast then you must be knowing that at the start of this month, a Visakhapatnam aka Vizag-based startup Zebi Data India (Zebi) was in the news turning its name into brand in every corner of the country. The startup made into news for developing its flagship blockchain-based Artificial Intelligence (AI) solution for hospitality industry. The secure and tamper-proof product called Zebi AI Chain do not only protect the guest data of the hotel, but also help police officials to identify and prevent criminal activities.

Now in a further development in same, police in Andhra Pradesh have ordered hotels and inns to deploy the blockchain security solution developed by Zebi.

According to a Medium blog post published by Zebi this Friday, the startup's product Zebi AI Chain merges blockchain and artificial intelligence (AI) to securely store data about hotel guests, and aims to both bring convenience to customers and to help prevent criminal activities.

According the startup's Medium post, Dr Fakeerappa Kaginelli, IPS, Deputy Commissioner of Police, said, “We made it mandatory for all the hotels under Vizag (Visakhapatnam) city limits to use Zebi AI Chain”

“We are able to get the visitor details from all the hotels to our police control room in real time. This data will be compared with the police database to ascertain whether the guest has any criminal background”, the IPS added.

The data collected is compared with the police database of criminals, missing persons and so on to ascertain whether the guest has any criminal background.

According to Indian laws, personal identification data of hotel guests has to be reported to the police department on a daily basis in the interest of national security. And, up till now, the data transfer between the hotels and law enforcement agencies has been done manually, by carrying paper-based documents. This is where 'Zebi AI Chain' breaks the ice and making this whole cumbersome process easier, faster as well as secure, at the same time.

Dr Kaginelli, the IPS, also revealed to Coindesk that, "All hotels are directed to enter their check-in particulars on real-time basis without fail and they are adhering too ... 230 hotels are entering their guest particulars through this tech web page."

“The communication with the police department has been hassle free after implementing the application provided by Zebi. Previously, the police used to visit us on a regular basis for enquiring about the status of tourists, now it is not necessary!” said, Nagesh Kumar Venkata Asst. Front Office Manager at The Park, Vizag.

Additionally, in its upcoming plans, Zebi is also preparing for "full-scale deployment across all the hotels in India."

It is also to be noted that Andhra government has also partnered Zebi for dealing with land records. The state government has so far secured more than 1,00,000 land records through Zebi Data.

Andhra Pradesh - India's Most Pro-Blockchain State

Chandrababu Naidu-led Andhra is fast becoming the Blockchain Hub of India by bringing blockchain technology into the mainstream.

In a blockchain business conference held last year, Naidu said, “I want to make Visakhapatnam not only India’s capital for FinTech or blockchain technologies, it will be centre of excellence for the global community.”

Few days back, New York-based blockchain startup Consensys, which is founded by Joseph Lubin, who is the co-founder of the Ethereum, has signed a nonbinding agreement with Niti Aayog, a govt. of India's policy think tank, to make blockchain prototypes across healthcare, education, land registry, supply chain, and more.

Last October, the state became the first state in the India to pilot blockchain technology in two departments - land records and transport. The state launched pilot projects based on blockchain technology for land records and transport.

In July last year, Andhra Pradesh became the first state government outside the US to join the Enterprise Ethereum Alliance (EEA), an Ethereum-based alliance formed in March this year by Microsoft, Intel and more than two dozen other companies/banks to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum.

[Top Image- Firstpost.com]

Andhra Police Ordered Hotels To Deploy Blockchain-Based AI Solution Developed By Local Startup

If you're a blockchain tech enthusiast then you must be knowing that at the start of this month, a Visakhapatnam aka Vizag-based startup Zebi Data India (Zebi) was in the news turning its name into brand in every corner of the country. The startup made into news for developing its flagship blockchain-based Artificial Intelligence (AI) solution for hospitality industry. The secure and tamper-proof product called Zebi AI Chain do not only protect the guest data of the hotel, but also help police officials to identify and prevent criminal activities.

Now in a further development in same, police in Andhra Pradesh have ordered hotels and inns to deploy the blockchain security solution developed by Zebi.

According to a Medium blog post published by Zebi this Friday, the startup's product Zebi AI Chain merges blockchain and artificial intelligence (AI) to securely store data about hotel guests, and aims to both bring convenience to customers and to help prevent criminal activities.

According the startup's Medium post, Dr Fakeerappa Kaginelli, IPS, Deputy Commissioner of Police, said, “We made it mandatory for all the hotels under Vizag (Visakhapatnam) city limits to use Zebi AI Chain”

“We are able to get the visitor details from all the hotels to our police control room in real time. This data will be compared with the police database to ascertain whether the guest has any criminal background”, the IPS added.

The data collected is compared with the police database of criminals, missing persons and so on to ascertain whether the guest has any criminal background.

According to Indian laws, personal identification data of hotel guests has to be reported to the police department on a daily basis in the interest of national security. And, up till now, the data transfer between the hotels and law enforcement agencies has been done manually, by carrying paper-based documents. This is where 'Zebi AI Chain' breaks the ice and making this whole cumbersome process easier, faster as well as secure, at the same time.

Dr Kaginelli, the IPS, also revealed to Coindesk that, "All hotels are directed to enter their check-in particulars on real-time basis without fail and they are adhering too ... 230 hotels are entering their guest particulars through this tech web page."

“The communication with the police department has been hassle free after implementing the application provided by Zebi. Previously, the police used to visit us on a regular basis for enquiring about the status of tourists, now it is not necessary!” said, Nagesh Kumar Venkata Asst. Front Office Manager at The Park, Vizag.

Additionally, in its upcoming plans, Zebi is also preparing for "full-scale deployment across all the hotels in India."

It is also to be noted that Andhra government has also partnered Zebi for dealing with land records. The state government has so far secured more than 1,00,000 land records through Zebi Data.

Andhra Pradesh - India's Most Pro-Blockchain State

Chandrababu Naidu-led Andhra is fast becoming the Blockchain Hub of India by bringing blockchain technology into the mainstream.

In a blockchain business conference held last year, Naidu said, “I want to make Visakhapatnam not only India’s capital for FinTech or blockchain technologies, it will be centre of excellence for the global community.”

Few days back, New York-based blockchain startup Consensys, which is founded by Joseph Lubin, who is the co-founder of the Ethereum, has signed a nonbinding agreement with Niti Aayog, a govt. of India's policy think tank, to make blockchain prototypes across healthcare, education, land registry, supply chain, and more.

Last October, the state became the first state in the India to pilot blockchain technology in two departments - land records and transport. The state launched pilot projects based on blockchain technology for land records and transport.

In July last year, Andhra Pradesh became the first state government outside the US to join the Enterprise Ethereum Alliance (EEA), an Ethereum-based alliance formed in March this year by Microsoft, Intel and more than two dozen other companies/banks to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum.

[Top Image- Firstpost.com]