VILNIUS, Lithuania, Nov. 4, 2024 /PRNewswire/ -- BingX Labs, the innovative arm of BingX dedicated to identifying and nurturing transformative blockchain ventures, proudly announces its investment in AgentLayer, a project focused on building a decentralized, permissionless network for autonomous AI agents. The project was successfully launched on BingX Launchpool in early September 2024, along with trading activities and currently available for trade on the exchange. Through leveraging large language models and generative AI, AgentLayer is poised to revolutionize the AI ecosystem by enabling seamless collaboration between autonomous agents, providing a secure and reliable network to execute tasks with minimal human intervention.
AgentLayer's ambitious vision addresses several pressing needs in the AI industry by creating an ecosystem where AI agents can act as decision-makers, fostering a symbiotic relationship with humanity and enhancing productivity and creativity. The platform facilitates a new Agent Economy through the AGENT token, which serves as the core of its economic model. The token fuels various essential functions. This includes online transactions, governance, staking, granting governance rights, and incentivizing both developers and node operators to shape the future of AgentLayer's ecosystem with transparency and fairness.
The platform also offers developers powerful tools such as AgentHub for seamless agent management and AgentStudio for visual agent building, allowing creators to design and deploy AI agents with ease. Through on-chain smart contract integration and Python and TypeScript SDKs, AgentLayer delivers robust, flexible options to integrate AI agents effectively. Developers can deploy AI agents as Telegram bots, opening new pathways for interaction and expanding reach within the Telegram/TON ecosystem.
"We believe AgentLayer is pioneering a new frontier in AI by combining the power of blockchain and autonomous agents into a cohesive ecosystem," said Vivien Lin, Head of BingX Labs. "Their innovative approach to AI agent collaboration and the concept of an Agent Economy have the potential to transform how industries operate, how businesses run, and ultimately, how humans engage with AI in their daily lives. At BingX Labs, we see this as an extraordinary step toward a future where AI is both a reliable tool and a trusted partner to humanity."
Professor Liu Yang, Co-Founder of AgentLayer, expressed his enthusiasm about the strategic partnership with BingX Labs, emphasizing the driving innovation for decentralized AI. "BingX Labs brings their expertise and resources that will be crucial in accelerating our vision for AgentLayer. With their support we're advancing both the technology and also fostering a new paradigm where autonomous AI agents can safely and effectively collaborate to create real value for various industries and individuals alike", stated the professor.
Since its launch in August 2024, BingX Labs has committed to supporting groundbreaking projects with the potential to reshape the blockchain landscape. Through technical support, strategic guidance, and financial resources, BingX Labs provides an end-to-end framework that enables startups to navigate the complexities of blockchain development, from initial concept through market launch. The investment in AgentLayer marks a significant step in BingX Labs' journey to foster projects with scalable, impactful, and forward-thinking solutions. By supporting AgentLayer, BingX Labs continues its commitment to advancing the blockchain industry through strategic investments in innovative projects. The support from BingX Labs aims to accelerate AgentLayer's growth trajectory, paving the way for an AI-driven ecosystem that benefits creators, users, and the broader blockchain community.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
BingX Labs Invests in AgentLayer to Drive Autonomous AI and Decentralized Economy
CHT Security leads Taiwan's cybersecurity industry with game-changing, AI-driven solutions that streamline incident response times and address a broad spectrum of emerging threats.
SAN ANTONIO, Nov. 5, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the cybersecurity services industry and, based on its findings, recognizes CHT Security with the 2024 Taiwan Company of the Year Award. CHT Security is Taiwan's leading managed security service provider (MSSP), offering superior customer support and innovative AI-powered cybersecurity solutions that seamlessly protect businesses from the latest cyber threats.
CHT Security efficiently integrates AI and automation capabilities into its operations, dramatically reducing the time required to detect and mitigate cyber threats. Its services span multiple sectors, including critical infrastructure, healthcare, and finance, and its customer base includes over 300 large enterprises and nearly a million consumers. Additionally, the company's solutions cover all stages of cybersecurity management, from pre-event detection, during-event monitoring and response to post-event digital forensics and recovery. This end-to-end approach, combined with its powerful Security Operations Center (SOC) and Managed Detection and Response (MDR) services, ensures that clients receive proactive and responsive protection tailored to their operational needs.
CHT Security also invests heavily in cultivating talent to meet the growing demands of the cybersecurity sector. The company encourages professional development by offering extensive training opportunities and helping employees obtain globally recognized certifications. Through collaborations with universities and ongoing internal training programs, CHT Security ensures it has a highly skilled team ready to tackle complex cybersecurity challenges. This strengthens its internal capabilities and enhances its customers' experience.
"Frost & Sullivan acknowledges that CHT Security is well-positioned as a client-centric vanguard in Taiwan's cybersecurity services market by merging its SOC with MDR services, capitalizing on AI and automation, and facilitating real-time incident response (IR) and threat detection. The company's all-encompassing offerings meet diverse environments' (including IT and OT) dynamic requirements and agilely respond to evolving cyber threats," said Iqra Azam, best practices research analyst at Frost & Sullivan.
CHT Security is steadily growing in the Taiwanese market and offers first-class cybersecurity solutions to over 900,000 households and mobile subscribers, over 40,000 SMEs, and 300 large enterprises and government institutions.
The company implements a customer-first approach to ensure its solutions align with each client's specific needs. CHT Security continuously improves its services by conducting tri-annual satisfaction surveys and closely reviewing feedback. This dedication to addressing customer pain points is reflected in its high retention rates, with over 90% of its clients choosing to continue their partnerships. Furthermore, CHT Security assigns dedicated project managers to each client to guarantee personalized service and rapid response times, enhancing its outstanding brand reputation and reliability.
"Frost & Sullivan opines that CHT Security's exemplary customer service and steady talent cultivation reinforce its competitive advantage. The company delivers unique benefits and fosters solid stakeholder relationships by leveraging the voice of the customer and investing in skilled professionals," noted Vivien Pua, senior industry analyst at Frost & Sullivan.
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tarini Singh
P: +91- 9953764546
E: Tarini.Singh@frost.com
About CHT Security
CHT Security (TWSE: 7765) is a specialized cybersecurity subsidiary of Chunghwa Telecom, the largest telco and ISP in Taiwan. Being the leading Managed Security Service Provider (MSSP) in Taiwan, CHT Security delivers comprehensive cyber security services. CHT Security provides telco-centric network security and comprehensive cyber security services to almost every segment, including government, critical infrastructure, finance, manufacturer, healthcare, enterprise and even consumer. For more details, visit our official website.
Contact:
Karen Chen
P: +886-2 23431628 ext. 8048
E: karenchen@chtsecurity.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
CHT Security Earns Frost & Sullivan's 2024 Taiwan Company of the Year Award for Pioneering End-to-End Cybersecurity Solutions and Enhancing Industry Standards
