Artificial Intelligence
Intelligent traffic management: helping vehicles to flow through an ancient city
The Chinese city of Xi’an, known as Chang’an in ancient times, was the center of ancient oriental civilization. Thirteen dynasties spanning Chinese history have chosen Xi’an as their capital. Today, Xi’an is not simply a part of history: it’s a high tech hub, renowned across China for its scientific research and education, manufacturing, technology, and transportation.
The challenge: allowing a city to grow and flow within ancient walls
In spite of being a modern hub, Xi’an still retains its ‘checkerboard’ layout from the Tang Dynasty, complete with its border of tall and ancient walls. Nevertheless, while economic growth has enabled the city to develop, the walls place great restrictions on the city’s daily movement – especially to its burgeoning traffic. Vehicles can only enter and exit through the city gates, but with some three million vehicles in the city, the limited number of entrances was beginning to cause serious congestion.
What’s more, there are also many ancient ruins in the city, which were further limiting the development of the urban area. Plus as of 2018, the city was home to over 10 million people, while the number of construction projects was steadily increasing.
Managing a growing city while protecting its history presented a serious challenge to Xi’an. So to address this, Xi’an Urban Traffic Administration turned to Hikvision and its intelligent cameras.
The Solution: an intelligent traffic management system from Hikvision
“Xi’an’s city walls make it impossible to increase the size of the urban area. So it was only through technology that we could allow the modern city to grow and develop,” says Lihu Ma, the Project Manager from Hikvision. “A core part of the Hikvision solution involves our AI-powered video technology.”
The Xi’an traffic police worked with experts from Hikvision, as well as urban planning experts, internet service providers and other technology companies, to design and implement an intelligent traffic management system. The construction of this system fully utilizes Hikvision’s core advantages in urban transportation intelligence, employing AI-powered video to create a powerful traffic sensing system. “Effectively, we are building a bridge between an intelligent digital world and the physical urban transportation network in Xi’an,” explains Lihu.
The technical solution
The intelligent traffic management system analyzes comprehensive and detailed data about the movement of traffic through the urban Xi’an area, and uses the insight gathered to make the flow of traffic more smoothly in three key ways.
1. Comprehensive road traffic violation monitoring
Xi’an traffic police have installed Hikvision’s Checkpoint Capture Cameras and Intersection Violation Capture Units as part of a monitoring system that can detect illegal vehicle behavior at intersections.
These full view ultra-high zoom cameras record vehicles making illegal maneuvers – such as running red lights, making banned turns and illegal lane changes – in real time. What’s more, the latest sonar monitoring equipment is being used to detect illegal use of car horns in banned areas.
2. Visual integrated command and dispatching platform
Using real-time video streams from Hikvision Traffic Flow Capture Cameras, a number of road condition perception technologies, plus intelligent mobile applications, Xi’an traffic police has created a visual command and control center, coupled with an intelligent police dispatch system.
All data is aggregated and dynamically displayed on a large screen in the command and control center. In the event of a traffic incident, the system generates dispatch recommendations intelligently, according to the location and distribution of traffic police officers throughout the city. Those closest to an incident receive an automated message to their mobile terminals, enabling them to arrive at the scene quickly.
More importantly, the intelligent traffic management system uses advanced machine learning capabilities to gain insight into typical congestion patterns, in order to actively identify potential traffic events before they happen. By analyzing large volumes of road condition data and information from Hikvision’s intelligent video cameras, the system can predict which intersections are most prone to congestion and when, enabling traffic police to put evasive measures in place before serious issues arise.
3. Improved vehicle flow capacity with intelligent signal control
The Xi’an traffic management team also employs congestion management practices to ease the flow of traffic, largely through the optimization of signal timing.
Using Hikvision intelligent video cameras coupled with augmented reality (AR) technology, the intelligent traffic management system analyzes traffic flow data and dynamically alters the timing of signal lights accordingly. It will monitor traffic flow, queue length and average driving speed in all directions of intersections in real-time, automatically adjusting signal timing to optimize the flow of vehicles.
Benefits: Traffic throughput up by 10%, journey time down by 12%
The Xi’an traffic management system has now been trained with a wealth of traffic data, including Hikvision video, enabling it to build multiple intelligent algorithms for managing congestion in the city.
First of all, map-based congestion reports suggest that Xi’an’s congestion rankings have improved significantly. In fact, compared with the test results of pilot roads before the system went live, intelligent signal control alone has increased the throughput of traffic by 10%, while the average vehicle journey time is reduced by about 12%.
What’s more, driver behavior is improving, and drivers are becoming more compliant with the rules of the road. Traffic law enforcement data reveals that traffic offenses are generally decreasing, with traffic violations dropping by some 30% in one short-term observation.
Additionally, thanks to the proactive traffic incident warning function, the incident detection rate has also increased by more than 30% compared to the traditional model. With the continuous optimization of the system algorithm, plus ongoing installation of monitoring equipment, the accuracy of this identification will only improve.
In the process of urbanization, tackling congestion is not only about improving the flow of the transportation network: it’s also basic governance for building a smart city.
HONG KONG, May 27, 2024 /PRNewswire/ — Computime Group, a leading innovator in manufacturing, branded products and technology solutions, is proud to announce the upcoming launch of one of the first true Matter thermostats. This milestone highlights our commitment to pioneering smart home technology and providing our OEM and ODM customers with state-of-the-art solutions.
Matter is set to revolutionize the Internet of Things (IoT) landscape as the next-generation standard for connected devices. Developed by the Connectivity Standards Alliance, Matter offers an open, universal protocol that is not bound to any single ecosystem, providing consumers with unparalleled freedom and flexibility. It ensures privacy-sensitive, secure, and reliable local controls without the need for cloud dependency, addressing the growing demand for enhanced privacy and security in smart home devices.
The key principles driving Matter’s development include simplicity, reliability, interoperability, and security. By ensuring that all Matter-certified devices work seamlessly together, Matter eliminates the complexities often associated with smart home technology. This leads to greater compatibility, easier setup, and more robust user experiences across various device types, including thermostats.
Computime’s Matter thermostat represents a significant advancement in smart home technology, providing our customers with cutting-edge solutions and a short lead time to market, to meet the growing demand for interconnected and efficient home environments. We invite our customers to explore the capabilities of our new thermostat solutions. Computime’s extensive expertise in developing and manufacturing smart home devices ensures that our customers receive high-quality, reliable products with a short lead-time that stand out in the competitive market.
CONTACT: Computime Group, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/computime-announces-the-launch-of-one-of-the-first-true-matter-thermostats-302155918.html
MADRID, May 27, 2024 /PRNewswire/ — Global Voice Group (GVG) now features as one of the top 100 Africa-focused innovative RegTech organizations that are set to power Africa to a $1 billion market size by 2025.
This acknowledgment bears witness to GVG’s compliance monitoring capabilities within the Mobile Money (MM) ecosystem. GVG developed the Mobile Money Monitoring (M3) solution, an intelligent data platform that supports East African regulatory authorities in monitoring the fast-expanding MM market. Through M3, the authorities can ensure the security and integrity of the related financial transactions, as well as transparency and compliance, for enhanced revenue assurance. M3 currently monitors approximately 25% of the financial flows passing through MM platforms in East Africa, verifying over 90 billion USD worth of transactions annually.
Moreover, the platform is also in use in Central and West Africa, in the Republic of Congo and in Ghana. In Congo, M3 has brought the local telecommunications regulator, the ARPCE, 100% visibility and control over all utility payments made via Mobile Money to the government. In Ghana, it has contributed to an average annual growth of 20% in revenue since its deployment. Overall, M3 has captured, verified and analyzed 1 trillion USD in MM transaction value since 2014.
After demonstrating the relevance, effectiveness, and innovation of the M3 solution to the jury, composed of recognized leaders of the Regtech industry, GVG was shortlisted and, following the voting phase, earned a place on the prestigious list. The M3 platform uses machine learning to ensure effective oversight of the MM market, ensure regulatory compliance and detect suspicious transactions. Since its first implementation in 2013, GVG’s M3 solution has provided the relevant regulatory authorities with reliable MM ecosystem metrics to support data-driven decision-making, promote compliance within the market, and reduce fraud and revenue leakage.
Responding to the announcement, James Claude, GVG’s CEO, declared: “It is with a great sense of achievement that I see GVG featuring among the 100 top RegTech providers in Africa. On behalf of the whole company, I sincerely thank Africa RegTech Horizon, as well as our voters, for supporting us in what we do best: providing governments and regulatory authorities with the market insights they need to address the challenges related to the fast-expanding financial ecosystem.”
The Africa RegTech Horizon-100 list is a directory of African RegTech companies and solution providers compiled to showcase the products and services of the latter, as well as assist financial institutions, regulators, and governments in identifying high-performing and trustworthy RegTech providers.
About GVG
Founded in 1998 and present in 11 countries, Global Voice Group is a global provider of ICT and RegTech solutions for governments and regulatory bodies. GVG assists governments and authorities, through Big Data analytics, in their digital transformation and the effective promotion of compliant and truly inclusive digital ecosystems. The company monitors, collects and analyses data from crucial economic sectors and turns it into actionable information. We promote data-driven decision-making.
Discover GVG’s website: www.globalvoicegroup.com
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View original content:https://www.prnewswire.co.uk/news-releases/gvg-featured-on-the-2024-africa-regtech-horizon-100-list-302155235.html
Artificial Intelligence
Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT
HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.
Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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View original content:https://www.prnewswire.co.uk/news-releases/unlock-an-exclusive-olympic-experience-celebrating-live4wells-sold-out-genesis-nft-302155644.html
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