Intelligent Build.tech Issue 12 | Page 12

NEWS

3t secures US $ 100 million of financing to drive ambitious growth trajectory

3 t , a provider of training , learning technologies and simulation solutions for safety-critical industries , has achieved a significant milestone in its growth trajectory by successfully issuing bonds on the Norwegian Stock Market , raising US $ 100 million in financing to aid planned strategic acquisitions .

The bond issuance represents a major move by 3t as it gears up for ambitious global expansion plans . With a clear vision for the future and a commitment to innovation in training and learning technology , 3t is now poised to capitalise on emerging growth opportunities that will see 3t deliver further value for its global customer base , prospective customers , and investors .
3t ’ s consistent growth highlights its commitment to the energy , marine and industrial markets , with training and development recognised as being key to securing a world-class workforce of the future . Through best-in-class training and immersive blended learning solutions , 3t is leading the way in re-skilling and up-skilling people and workforces internationally across safety-critical industries including energy , renewables , marine , construction , gas , power and water .
“ This financing will provide us with the necessary resources to pursue strategic opportunities we have on the horizon complementing our existing capabilities . These plans will accelerate our expansion into growing markets , ultimately fortifying our position as the industry frontrunner ,” said Kevin Franklin , CEO of 3t .

The Hashgraph Association and SEALSQ build the future of Decentralised Physical Infrastructure Networks

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EALSQ a provider and expert company specialising in semiconductor , PKI , and Post- Quantum technology development , has announced that in partnership with The Hashgraph Association , a Swiss-based organisation at the forefront of global digital enablement , have launched a new digital asset built on Hedera Network that caters to the Decentralised Physical Infrastructure Network ( DePIN ) sector , by enabling billions of Internet connected devices to autonomously engage in seamless data and currency exchanges .
Under the umbrella of Transactional Internet of Things , ( TIoT ), SEALCOIN is a hybrid payment and utility token for enabling billions of Internet-connected devices to autonomously engage in seamless data and digital asset exchanges . For example , IoT ( Internet of Things ) devices from various companies can now interact and access a range of services as well as transactions . This could include Smart Home devices where SEALCOIN could facilitate seamless payment for services like energy consumption , maintenance , and other services without human intervention . The list of applications goes on to include supply chain management , autonomous vehicles , smart cities , energy trading and more .
A significant milestone is being reached with the release of a M2M Proof of Concept ( PoC ) enabling the disintermediation of service providers for interconnected devices . The release is scheduled for mid- July 2024 , with a comprehensive demo planned shortly thereafter , showcasing the innovative capabilities of SEALCOIN in enabling Service vs Payment transactions between machines .
Kamal Youssefi , President of The Hashgraph Association , said : “ We are proud to have partnered with SEALSQ for the launch of such an innovative use case in the DePIN economy . The emergence of DePIN is a pivotal shift in the way physical infrastructure is designed , developed and deployed . The Hedera network enables secure and seamless micro payments between all internet-connected devices and will further accelerate growth of the M2M DePIN ecosystem .”
SEALCOIN is expected to launch in Q4 2024 . �
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