Issue 12 by FranTechnovation

www.frantechasia.com

| January 2014 | FranTechnovation

From the President's Desk

elcome to the 12th issue of FranTechnovation magazine, a multi-sector magazine that showcases technologies across the globe. Technology has revolutionized not only the way we function in our daily lives, but also the way in which we perceive the rest of the global community, in uncountable ways, by very effectively shrinking the globe and making crossborder exchanges easier than ever before. FranTechnovation, featuring projects and organizations that are leading these winds of change across a number of industry sectors, focuses specifically on technological developments, which, regardless of the complexity of processes involved, share the vision of a more equitable use of resources. Be it the construction sector, the artificial intelligence industry, manufacturing or green technology, we bring to you a host of carefully selected projects that we believe are likely to positively impact human lives through the manner in which these are designed and executed. Since the last quarter India has seen tremendous changes in terms of the laws and regulations shifting gears from their conventional methods. In the meantime the world is experiencing a global shift in the technology and innovations with one of the most prestigious technology event being held in the recent timesthe CES 2017.

In the flow of the similar trends and values, FranTechnovation decided to bring this issue with a similar line up, focusing on the two major fortes that have become the highlight of news worldwide. One of the most brilliant and highly equipped machine with the design of a helicopter and size of a compact flying machine, EHANG 184 is one of the best Autonomous Aerial Vehicle (AAV) that has been designed in this field. One of the major reasons why AAVs are so highly preferable in terms of designing, technology and industry use is because compared to manned aircraft, AAVs are often preferred for missions that are too â&#x20AC;&#x153;dull, dirty or dangerousâ&#x20AC;? for humans. Ideally known as Unmanned Aerial Vehicles- they originated mostly in military applications, although their use is expanding in commercial, scientific, recreational, agricultural, and other applications, such as policing and surveillance, product deliveries, aerial photography, agriculture and drone racing. Civilian drones now vastly outnumber military drones, with estimates of over a million sold by 2015. EHANG 184 AAV is the safest, Smartest and Eco-Friendly low altitude autonomous aerial vehicle, aiming on providing Medium-Short Distance communication and transportation solution. EHANG 184 drone could carry you away one day.

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The idea behind the Chinese-built 184 is that users will simply get in, power it up, and select their destination using a 12-inch touchscreen tablet display, then press the “take-off” button. The drone’s automated flight systems will take over from there, managing tasks such as communication with air traffic control and other aircraft, obstacle avoidance, and of course navigation – it will always choose the fastest yet safest route between its present location and its destination. Now is that not a commendable display of the skills of innovation and the implementation of technology to bring a vast change in the way the Aerial Vehicles are presumed. Probably these might become the vehicles of the future, with the present being overcrowded with population and automobiles alike! Another major challenge being addressed widely across the nation, and indeed creating immense panic and distraught is the wave of demonetization! With the country

going cashless and the economy changing their current money to newer currency, and India being a nation as huge as in crores, the impacts of the aftermath of demonetization have rendered more people restless and cashless than imagined! In lieu of these financial crisis, FranTechnovation has covered multiple feasible technologies that can be implemented in India in order to relieve the situational crisis and join in the digitalization with the Digital India campaign being promoted across the country. Taking inspiration from the technologies implemented by Circle, Stripe. Dice Wallet and one of the most innovative way of making payments- Selfie Pay! These technologies are some of the most trending and widely used technologies in most cashless countries and have a high potential of flourishing in the Indian market and serving the purpose right! All of the above and much more. We look forward to your responses and do get in touch for further assistance. Shanker Damodaran

November / December 2016 | FranTechnovation

www.frantechasia.com

| January 2014 | FranTechnovation

Contents High level Licensing, Financing, Franchising and Marketing to move Technologies, Products and Services Internationally.

Ehang 184- Autonomous Aerial Vehicle (Aav)

www.FranTechAsia.com

Publishers: FranTech Asia India Office 56 BMM Society, Ellisbridge, Ahmedabad - 380006, Gujarat, India Contact Details +91(0)9327067935 info@frantechasia.com President & Editor in Chief : Shanker Damodaran Creative Head : Mona S. Bhatt Editorial Support and Content Management : Rumana Shaikh Graphic Support : Mohin Kazi Disclaimer The inclusion of any article or advert does not constitute any form of endorsement or approval by FranTechnovation. Whilst we make every effort to ensure that all advertisements and articles are correct, FranTechnovation will not be held responsible for errors or omissions.

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Even if you have no good reason to justify buying one, you have to admit that drones are cool. And if you’ve ever thought about dropping money on a quadcopter, but you’ve managed to wait this long, good news: the tech has come a long way in a very short time. There are models on the market now that put last year’s copters to shame in terms of video quality and stabilization.

LCE Black Box Technology- For the Veterans of the Country!

© FranTech Asia All rights reserved. No part of this magazine may be reproduced or transmitted in any form or by any means without permission in writing from FranTech Asia except that brief passages may be quoted by a reviewer in a magazine, newspaper or broadcast review. This publication is designed to provide its readers with accurate and authoritative information sourced from company web sites and blogs with regards to the subject matter covered. If further detailed advice be required, the services of a competent person need to be sought.

Part of

The Global FranTech Group

The world has seen multiple air crashes and the worst of it all has been the attack we will never forget. The loss of the lives has been uncountable and unaccounted for, hence the need to bring innovation and improvements in the already existing technologies governing the movement and patterns in aviation industry and satellites.

Eternal 5D Data Storage- The Future of Data Storage Technology In the world of emerging analysis of the depth and breadth of every activity occurring in the world, we live in an era of know it all and remember none! Our brains have become too clogged with too many activities to perform, yet the ability to work through these is highly effective! However, this leaves us with the deficit of trying to store it all in our one databank- our brains! Hence the evolution of data storage- for a digital memory lasts forever!

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Miami World Centre - The City Reimagined!

mfigs- Markets & Financial Industry Global Summit The decision makers and the global investors, the niche and the rich, the think tanks and the think alike, the day churners and night burners, the money makers and the money takers, spend and invest, invest and spend; whatever be your personal cycle of money- there is one summit for you, which is like no other and that is the Markets & Financial Industry Global Summit!

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Miami is a seaport city at the south-eastern corner of the U.S. state of Florida and its Atlantic coast. The Miami area was better known as “Biscayne Bay Country” in the early years of its growth.

Blockchain Geniuscity- A Place for Smarter Tomorrow

Over the last two decades, the Dominican Republic have been standing out as one of the fastest-growing economies in the Americas - with an average real GDP growth rate of 5.4% between 1992 and 2014.

Terminal Yapi- The SEZ for Future Terminal Structures

118 Special Economic Zones have become the word for the developing countries across the globe. Commonly known as SEZ, special economic zone (SEZ) is an area in which business and trade laws differ from the rest of the country.

AcordIQ- Empowering the Modern CIO

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The economy is global! There are no borders to the money being circulated across the world.

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Circle- Money Without Borders The world of moving money is changing. And faster is the theme. Domestic real time payment systems are showing up across the planet. Today’s discussion is full of bitcoin, open and permissioned blockchain approaches to speed asset exchange. But the competitive balance between proprietary and open systems is in flux.

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Imploder- Discover the Benefits of Imploder Technology

178 Technology has seen a new day each day, with the onset of this millennium, where there have been no bounds to explore newer, better and more advanced & compact technology. All of this combined, giving the most optimum utilisation of resources and the desired outputs.

T4M Agritech- A Leader in Stakeholder Farming The word agriculture is the English adaptation of Latin ‘agricultura’, from ager-”a field” and cultura”cultivation” in the strict sense of “tillage of the soil”. Thus, a literal reading of the word yields “tillage of a field / of fields”.

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XEROBAC- Antimicrobial Solutions- Saving Lives & the Environment

Biotechnology is the use of living systems and organisms to develop or make products, or “any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use” (UN Convention on Biological Diversity, Art. 2).

Hyperloop one- Sustainable Air Travel- Energy and the Future of Flying

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Solastor -Worlds Cheapest Solar Power in South Australia Solar power is the conversion of sunlight into electricity, either directly using photovoltaics (PV), or indirectly using concentrated solar power. Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam.

Commercial aviation is one of the fastest growing sources of greenhouse gas emissions and yet a critical component of the global economic infrastructure.

Jumeriah: Stay DifferentExperience Luxury Travel, Experience UAE

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Frenell-“Harnessing the Sun”

212 Solar technologies have evolved a lot since they first made their debut in the 1960s. While previously solar photovoltaics (PV) were seen as a thing of the future, today, technological breakthroughs have positioned the industry for huge growth.

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Tourism is often seen as a global phenomenon with an almost incomprehensibly massive infrastructure. Its importance is evident from the fact that its influence thoroughly penetrates society, politics, culture and, above all, the economy.

Iter -Unlimited EnergyHarnessing Power

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Link Global- They Link, You Globalize!

Today’s retailers, e-tailers, distributors and manufacturers now need to move at the speed of sound. However, they’re facing an ever-shifting landscape of complex customer fulfilment.

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Energy demand is expected to more than double by 2050 as the combined effect of the increases of population and energy consumption per capita in developing countries. Fossil fuels presently satisfy 80% of the primary energy demand but their impact on the environment through greenhouse gas emission is unacceptable. November / December 2016 | FranTechnovation 9

www.frantechasia.com

he mission of the Global FranTech Group is to create a platform for building and sustaining a free world economy whereby developing countries can take advantage of globalization and partake in world progress in equal measure. At FranTech, our mission is to foster the development of the Global Economy by providing a Global Perspective to marketers, manufacturers, and inventors of newly-emerging technology. For this we have been providing world-class solutions for licensing and transfer of innovations to emerging economies in 220 countries. “For achieving our mission of enabling developing economies thrive,” the structure and essence of Global FranTech Group has been discreetly created by our Chairman Mr. Philip J. 10

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Nadeau who believes that “In a world of accelerating, inescapable economic and trade interdependence, business success will be won not by isolated individual enterprises or internationally disengaged companies, but by strategic alliances and marketing structures creatively assembled with a global perspective.” To accomplish our mission and move towards our goal this vision has been imbibed in every activity at FranTech. Since its inception 35 years ago, FranTech has been the most trustworthy platform where global exchange of technology or trade is concerned. Consisting of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines we play a significant role in the development of economies across 220 countries of the world.

In a world of accelerating, inescapable economic and trade interdependence, business success will be won not by isolated individual enterprises or internationally disengaged companies, but by strategic alliances and marketing structures creatively assembled with a global perspective - Philip Nadeau Chairman Global FranTech

At FranTech we utilize our three-decade long expertise in assembling, negotiating and consummating trade, technological and financial agreements is utilized to give comprehensive services to innovators and entrepreneurs. To provide such a broad array of exhaustive services we along with our affiliates draw strength from our shared experience in international trade policy, law, marketing, investment banking and technology research. In brief, the Global FranTech Group can be defined as an organization that provides comprehensive professional services to assist companies and investors seeking to benefit from todayâ&#x20AC;&#x2122;s fundamental restructuring of the global economy. With FranTech platform, US technologies are transferred to developing economies and newly emerging technologies from other parts of the world are developed as viable business prospect in their respective markets. At Global FranTech Group we also support large scale real estate and humanitarian projects by extending our marketing expertise and providing resources and funding. FranTech currently has more than 600 Technologies and business opportunities from every possible industry sector. November / December 2016 | FranTechnovation 11

Green Power Technologies signed an exclusive Global Marketing Agreement with Global FranTech Group and FranTech USA International Licensing (FranTech USA), of Ventura, California, USA. This development grants FranTech Asia, FranTech Mexico and FranTech USA the right to market Green Power Resource Management and Green Power's Private Label Solar Panels Air Conditioner and Solar Water Filtration Systems devises to further the renewable energy sector in developing countries. The intent here is also to utilize the medium of FranTech and the FranTechnovation magazine towards equipping innovative solar products for licensing programs through FranTech's network of 600 USA agents and partners. FranTech has licensing sales agents in 220 countries that present projects to governments and industry organizations around the world. Through the FranTech Mexico ENSENADA, B.C. Mexico Venture Development Agreement, Global FranTech Group and FranTech Asia will license FranTech Mexico, S.A. de C.V. FranTech Mexico will especially focus on special renewable energy technologis from Mexico branch offices in ENSENADA, and MORELIA , Mexico and the United Arab Emirates, Dubai, Abu Dhabi, Jordan, Egypt, Libya, Africa, China, India, Caribbean and Latin American markets(Brazil).

GLOBAL FRANTECH GROUP FranTech, with partners operating in 220 countries on six continents, was chosen by FranTech Mexico Group due to its extensive geographic footprint throughout the Mexico, Brazil, 12

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Philippines, China, India, Latin American and Caribbean regions. Other factors contributing to the company's selection included FranTech Mexico's significant licensing of Mexico's branch offices with a broad operator customer base, in-depth local knowledge and a dedicated Mexico licensing technology sales team focused on selling complex renewable energy technology licensing, financial product licensing and Sovereign Indigenous Social Insurance solutions that Mexico network branch offices will require. FranTech Mexico renewable energy technology and financial product portfolios are designed to meet the network requirements of Governments in Mexico and 220 countries. Services offered by FranTech Mexico are associated with new internet based Technology, Insurance and financial products through pointto-point insurance sales providing and supporting licensed branch offices in Mexico and 220 countries. FranTech Mexicoâ&#x20AC;&#x2122;s carbon-neutral zone solutions offer significantly improved e-Government economics and simplified infrastructure operations for Mexico. "Global FranTech is pleased to add FranTech Mexico to our worldwide network for Government infrastructure portfolio new "Sovereign Government Neutral Zones Program and Public Sector Renewable Energy Benefit Solutions under e-Government in Mexico. Our new Mexico franchised relationship will allow us to offer next generation internet online renewable energy network solutions throughout the Baja California, Mexico , UAE, Jordan, Egypt, Libya, China, Indonesia, India, Caribbean and Latin America," said Phil Nadeau, CEO of Global FranTech Franchise Network Infrastructure for FranTech Mexico.

"Our FranTech Mexico partnership will enhance both companies` positions within Mexico and these world markets." "We are delighted to be working with Global FranTech Group.'' said Jose Alfredo Avila Hernandez, FranTech Mexico S.A de C.V., President. "This will allow FranTech Mexico Technology Transfer Services to expand its market presence into this exciting Ensenada, Baja California, Mexico growth region."

ABOUT FRANTECH MEXICO Commencing operations in 2013, FranTech Mexico Technology Licensing Services will realize the collaborating organizationsâ&#x20AC;&#x2122; commitment to serve Mexico multicultural businesses, institutions and professionals.

FranTech Mexico Technology Services, a global technology resource that offers top quality renewable energy products and services in the most cost-effective manner possible to produce renewable energy carbon free FranTech Neutral Zone cities in Mexico and in the rest of the worldwide, commits to providing its clients with unparalleled service, integrity and professionalism. FranTech Mexico is dedicated to offering these FranTech Worldwide Solar and Wind products and BSN financial services on a timely basis and to consistently deliver a high level of service.

WHO IS FRANTECH MEXICO SERVICE'S PRIMARY TARGET MARKET? Any business, organization, institution or new technology production resource that is owned or operated by, employs, serves, and / or partners with culturally different minority groups that are traditionally under served by the building of new FranTech Neutral Zone cities and creating jobs for the economy in any industry are part of FranTech Mexicoâ&#x20AC;&#x2122;s target market. FranTech Global Market segments range from small and medium to large commercial accounts. They can include commercial enterprises, renewable energy technologies, banking and financial institutions, professional organizations, associations, social program constituencies, nonprofit organizations, NGO's and public sector business groups, just to name a few. November / December 2016 | FranTechnovation 13

FranTech Internatiol Licensing 14

FranTech International Licensing works with you from the beginning of the relationship through the full commercialization. In effect FranTech International Licensing is your partner to provide the most effective entry of your technology into new world markets.You can enter the FranTech International Licensing three-phase program at a stage appropriate for your needs. You can proceed through the entire three phases or utilize any one of the phases according to need.

ow exactly does FranTech help you with making your technology ready for marketing across the globe, and then actually implementing the process of licensing your technology worldwide ? Here’s a 3-phase Plan that delineates exactly how the process works. Phase I : Preparation for Commercialization FranTech International Licensing works with you from the beginning of the relationship through the full commercialization. In effect FranTech International Licensing is your partner to provide the most effective entry of your technology into new world markets. You can enter the FranTech International Licensing three-phase program at a stage appropriate for your needs. You can proceed through the entire three phases or utilize any one of the phases according to need. In Phase I, FranTech International Licensing provides you with a Comprehensive Commercialization

November / December 2016 | FranTechnovation

Report of the technology’s commercialization potential in the World Markets and, if necessary, files the patent application. Your cost for this phase is less than what you would usually pay for the patent alone. A. Comprehensive Commercialization Report FranTech International Licensing's Comprehensive Commercialization Report includes: • A review of the technical feasibility of the technology • An assessment of the level of competition in the intended market • An objective estimate of the market need for the technology • A review of industry trends that affect the commercial viability of the technology B. Patent Application The U.S. patent application is immediately filed based upon the priority of an already-filed foreign application. All Patent Office actions up through and including issuance of the patent are included in this service. It would not include such things as

interference proceedings, appeals, continuing applications, multiple invention applications, etc. If you have already filed a U.S. patent application, the cost of Phase I is reduced. If you want the report and more than one patent, there is a reduced fee for each additional patent. For U.S. clients desiring to enter other world markets or for clients having unusual situations which do not fit the standard Phase I contract, FranTech International Licensing will provide a fixed fee quote for the services desired.

Phase II : Comprehensive Business Plan Along with your Phase I Report, FranTech International Licensing provides a proposal to proceed with

Phase II, which offers a complete business plan including detailed market and technical analyses of your technology. It also includes specific recommendations on how to enter the target market. The cost to the client for this phase of the commercialization effort is less than half of what you would normally expect to pay. In special situations which require a more complex plan, FranTech International Licensing will provide a quote for preparation of the Business Plan before proceeding. Utilizing FranTech International Licensing broad business contacts throughout the world, the market for your technology is specified. FranTech International Licensing business research capabilities allow you to

FranTech Internatiol Licensing 16

In conjunction with its network of marketing consultants, FranTech International Licensing assesses your technology for the specific market niche and the best channel for distribution. As developed in Phase I, this recommendation could be to license the technology to an existing company, initiate a joint venture, or start a new company to commercialize your technology in the target market.

ranTech International Licensing will provide a quote for preparation of the Business Plan before proceeding.

Utilizing FranTech International Licensing broad business contacts throughout the world, the market for your technology is specified. FranTech International Licensing business research capabilities allow you to understand the various business sectors that would be most responsive to the technology and how best to create a relationship that is balanced and makes good business sense. In conjunction with its network of marketing consultants, FranTech International Licensing assesses your technology for the specific market niche and the best channel for distribution. As developed in Phase I, this recommendation could be to license the technology to an existing company, initiate a joint venture, or start a new company to commercialize your technology in the target market. Based upon these recommendations from Phase I and your preferences, FranTech International Licensing

November / December 2016 | FranTechnovation

tailors the Business Plan to concentrate on one of the following approaches: â&#x20AC;˘ Potential joint venture/strategic alliance partners, â&#x20AC;˘ Potential licensees if licensing is the route chosen, â&#x20AC;˘ An investment document which serves as the basis for starting a new company. In each case, details concerning specific companies and individuals contacted and the rationale for approaching each is included. The final result is a Comprehensive Business Plan with specific recommendations from FranTech International Licensing on the who, why and how of commercializing the technology based upon the method chosen. When the Business Plan is complete, at least one member of FranTech International Licensing will personally present the plan to you, incorporating an audiovisual teleconference with FranTech International Licensing technical and marketing consultants in the target market. Phase III : Options for Technology Transfer

The proposal for full commercialization is presented with the Business Plan at the conclusion of Phase II. Experience has taught us that every technology is unique and has its own potential. FranTech International Licensing has the resources to help fully assess and realize this potential. The options available for commercializing the client's technology are licensing to an existing company, arranging a joint venture or strategic alliance with a major corporation in the field or creating a new startup company to commercialize the technology in the target market.

A. Licensing

Once the patent application is on file, your product can be licensed to existing companies. Licensing offers important opportunities for accelerated product introduction and broadened commercialization in the target market, as well as a long-term income stream from royalties.

hundreds of licenses covering a broad range of industrial technologies, resulting in the successful exploitation of patents and trademarks in the U.S. and in some forty-five countries around the world. The licensing process begins with identification and qualification of prospective licensees and continues with exchanges of information, proposals and negotiations. The conclusion of this effort is, hopefully, an income-producing license which usually provides for an up-front payment and on-going royalties based on sales. Such negotiations do not always result in agreements however, and the period of time between the licensing effort and the realization of royalty income is rarely under two years.

The founders of FranTech International Licensing have concluded

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FranTech Internatiol Licensing 18

The proposal for full commercialization is presented with the Business Plan at the conclusion of Phase II... FranTech International Licensing has the resources to help fully assess and realize this potential. The options available for commercializing the client's technology are licensing to an existing company, arranging a joint venture or strategic alliance with a major corporation in the field or creating a new start-up company to commercialize the technology in the target market. FranTech International Licensing may become the Master Licensee, negotiating and monitoring the licensing agreements and collecting the royalties for you.

B. Joint Venture/Strategic Alliances Joint ventures and strategic alliances will often offer a small company the best route to commercialize the technology in the target market. These alliances are as varied in form as are the technologies themselves and must be negotiated based upon both the technical and the marketing expertise of the two partners. By way of example, you can form an alliance with a firm with proven marketing ability, providing the finished product to the other company for marketing. FranTech International Licensing, through the experience of its founders, has negotiated many such alliances and may or may not act as principal in this effort.

C. New Start-Up Company In many cases, it will be appropriate to start a new company for the production and marketing of the new technology.

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Although the specifics of starting a new company are complicated and detailed, FranTech International Licensing's principals are very experienced in this area, and have started many successful companies in the past. In these instances, FranTech International Licensing secures skilled management and the appropriate investors for the start-up company. FranTech International Licensing monitors management and the new company in its initial stages, thus providing the management controls and expertise that often are lacking in high technology start-up companies. FranTech International Licensing becomes a partner with you and will be shareholder in these successful new enterprises. It is important to note that both you and we receive the greatest benefit through the success of the new company.

EHANG 184- AUTO VEHICL

ONOMOUS AERIAL LE (AAV)

ven if you have no good reason to justify buying one, you have to admit that drones are cool.

And if you’ve ever thought about dropping money on a quadcopter, but you’ve managed to wait this long, good news: the tech has come a long way in a very short time. There are models on the market now that put last year’s copters to shame in terms of video quality and stabilization. An unmanned aerial vehicle (UAV), commonly known as a drone, unmanned aircraft system (UAS), or by several other names, is an aircraft without a human pilot aboard. The flight of UAVs may operate with various degrees of autonomy: either under remote control by a human operator, or fully or intermittently autonomously, by on-board computers. Compared to manned aircraft, UAVs are often preferred for missions that are too “dull, dirty or dangerous” for humans. They originated mostly in military applications, although their use is expanding in commercial, scientific, recreational, agricultural, and other applications, such as policing and surveillance, product deliveries, aerial photography, agriculture and drone racing.

November / December 2016 | FranTechnovation

Civilian drones now vastly outnumber military drones, The 184 was designed to be a with of over a 100%estimates with green technology, million sold by 2015. and is powered by electricity only. EHANG 184AUTONOMOUS AERIAL Fail Safe System VEHICLE (AAV) The 184 AAV has embedded EHANG 184 AAV is the safest, with EHANG fail safe Smartest system. Ifand anyEco-Friendly components low altitude or autonomous malfunction disconnect, the aerial aiming on land aircraftvehicle, will immediately providing Medium-Short in the nearest possible area to Distance communication and ensure safety. transportation solution. The communication is EHANG 184and drone encrypted eachcould AAV carry has you away one day. its independent key. The idea behind the Chinesebuilt 184&is AUTOMATION that users will EHANG simply get in, it up, Smart Flight power with One and select their destination Single Click Flight Point to using Point a 12-inch touchscreen tablet then press EHANGdisplay, 184 AAV flies in anthe “take-off” button. inverted U shape. Take-Off/ Landing points are landing The drone’s automated flight targets pre-set with EHANG systems will take over fromwill Logo. The landing camera there, managing tasks such position the landing targets as communication with air automatically and accurately. traffic control and other aircraft, avoidance, Unique obstacle Application System and of course navigation – it With a simple and advanced will choose the fastest one always single click to take-off yet and safest land. route between its present location and its destination. Low Altitude Command Centre EHANG The AAV & is SAFETY always connected Excellent online with Flight the low-altitude Management System command centre. The AAV The 184 AAV is 7*24. designed is eligible to fly During with full redundancy – If extreme weather conditions, one set of the centre power will system the command are operating abnormal, the prohibit the AAV from takevehicle can still operate a off. normal plan and ensure EHANGflight - The Process the safety of the passenger Created by EHANG, Made in China together with the vehicle. IDC – Industrial Design Centre

Vehicle industrial modelling design is developed by EHANG IDC (Industrial Design Centre). Composite material, from mould opening till manufacturing, is independently developed by EHANG composite material centre. Propeller dynamic testing system and other testing system, are developed by EHANG independently. Composite Material

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Technology Designing EHANG 184 requires the vehicle to be safe as well as high performance. Our structural designer tends to find the answer from Aeronautical Material and finally settled with composite material with Carbon Fiber and Epoxy, matching aerial Aluminium Alloy. The same material is being used for space craft, lightweight and strong. Power and Safety First Safety and Stability is the top priority during our development of the product. We have EHANG 184 going through strict process of testing. Excellent Performance EHANG 184 AAV Net weight: 200KG Maximum output : 106KW : 8 motors) Duration of flight at sea level 24

November / December 2016 | FranTechnovation

: 23 Min Load Capacity : 100KG Average cruising speed : 100KM/Hr The Design Highest Distance: <500Meter Ultimate Flight Experience Comfortable cabin environment, stable flight experience. Excellent dynamic balance and wind resistance assures a smooth and steady flight even in windy condition. THE EHANG 184 â&#x20AC;&#x201C; THEFUTURE OF DRONES! The current incarnation of the 184 features a carbon fiber/epoxy composite body, an aerial aluminium alloy frame, and eight motors putting out 142 hp/106 kW to eight propellers â&#x20AC;&#x201C; those props are divided into four groups of two, each pair located on the top and bottom of one of four arms.

Those arms can fold up when the drone is parked on the ground, allowing it to take up less space. Charging of its 14.4-kWh battery pack takes four hours in trickle mode or two hours in fast-charge, with a full charge reportedly being sufficient to keep one passenger airborne for up to 23 minutes at sea level. The whole thing weighs 440 lb (200 kg), can carry up to 264 lb (120 kg), has a maximum speed of 62 mph (100 km/h) and can reach a maximum altitude of 11,480 ft. (3,499 m).

we spoke to, the EHANG 184 drone is already fully functional, with a worldwide series of demo flights scheduled to begin soon. They claim that it should be commercially available later this year, priced somewhere between US$200,000 and $300,000. EHANG 184, incidentally, stands for â&#x20AC;&#x153;one passenger, eight propellers, and four arms.â&#x20AC;?

And yes, EHANG 184 drone helicopter also has a trunk for storing things like a backpack or delivery items. Other features include full interior and exterior lighting, air conditioning, a 4G internet connection, and gullwing doors. According to the EHANG rep November / December 2016 | FranTechnovation 25

EHANG 184 SPECIFICATIONS

SHAPE

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MATERIAL

INTERIOR

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Information Technology & Software

Eternal 5D Data Storage- The Future of Data Storage Technology

n the world of emerging analysis of the depth and breadth of every activity occurring in the world, we live in an era of know it all and remember none! Our brains have become too clogged with too many activities to perform, yet the ability to work through these is highly effective! However, this leaves us with the deficit of trying to store it all in our one databank- our brains! Hence the evolution of data storage- for a digital memory lasts forever! There are varied uses to the digital data in terms of the practical and theoretical application of the same! The technology involved in the digital data storage has evolved tremendously over the past few decades. With the advent of nanotechnology and the liberty to explore it in the field of data storage, the innovation has seen no bounds! Scientists at the University of Southampton have made a major step forward in the development of digital data storage that is capable of surviving for billions of years. Using nanostructured glass, scientists from the Universityâ&#x20AC;&#x2122;s Optoelectronics Research Centre (ORC) have developed the recording and retrieval processes of five dimensional (5D) digital data by femtosecond laser writing.

Eternal 5D Data Storage could Record the History of Humankind

The concept of storing data optically in the bulk of non-photosensitive transparent materials (such as fused quartz, which is renowned for its high chemical stability and resistance) via femtosecond-laser (fs-laser) writing was first proposed and demonstrated in 1996. This method allows for high-capacity optical recording by multiplexing new

degrees of freedom (e.g., intensity, polarization, and wavelength). This development in data storage is based on the introduction of gold or silver nanoparticles, which are embedded within the material. The plasmonic properties of these nanoparticles can then be exploited. More recently, polarization-multiplexed writing has been demonstrated by using self-assembled Nano gratings, which are produced via ultrafast-laser writing in fused quartz. These Nano gratings, which comprise 20nm-thick lamina structures embedded within the material, are resistant to high temperatures. Despite several attempts to explain the physics of this peculiar selforganization process, the formation of the nanostructures remains a mystery. In conventional optical storage such as DVDs, data is stored by burning tiny pits in one or more layers of the plastic disc, thereby making use of three spatial dimensions. We have also exploited two additional (optical) dimensions. When the data-recording femtosecond laser marks the glass, it makes a pit with a Nano grating. This Nano grating produces birefringence that is characterized by two additional parameters. Eternal 5D storage have developed an extremely durable 5D data-storage technique based on the imprinting of nanostructures in silica glass via femtosecond-laser writing.

What is 5-Dimensional Data, and when will it be available to the Public? So what exactly do they mean by 5-dimensional? Traditionally, we think of our universe in terms of the 4 known and easily perceptible dimensions. The first 3 dimensions are our directions of movement or

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an XYZ axis; the 4th dimension is traditionally thought of as time. These 4 dimensions combined are referred to as spacetime. Unfortunately, this can cause quite a bit of confusion. The 5-dimensional discs made by the University of Southampton are not time traveling devices that can view parallel universes, but instead tiny patterns printed on 3 layers within the discs. Depending on the angle they are viewed from, these patterns can look completely different. This may sound like science fiction, but itâ&#x20AC;&#x2122;s basically a really fancy optical illusion. In this case, the 5 dimensions inside of the discs are the size and orientation in relation 32

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to the 3-dimensional position of the nanostructures. The concept of being 5-dimensional means that one disc has several different images depending on the angle that one views it from, and the magnification of the microscope used to view it. Basically, each disc has multiple layers of micro and macro level images. Since glass is plentiful and inexpensive, this technology has a very good chance to become widely available in the future. People are already thinking of uses for this technology, everything from storing an immense library of video games to storing the entirety of human history and culture for future civilizations.

Professor Peter Kazansky is very optimistic about the technology’s potential, he elaborated in an interview with the University of Southampton’s news publication: “It is thrilling to think that we have created the technology to preserve documents and information and store it in space for future generations. This technology can secure the last evidence of our civilisation: all we’ve learnt will not be forgotten.”

The Science behind 5D Storage

The idea of the optical memory based on femtosecond laser writing in the bulk of transparent material was first proposed in 1996. More recently self-

assembled Nano gratings produced by ultrafast laser writing in glass were proposed for the polarization multiplexed optical memory, where the information encoding would be realized by means of two birefringence parameters, i.e. the slow axis orientation (4th dimension) and strength of retardance (5th dimension), in addition to three spatial coordinates. The slow axis orientation and the retardance can be controlled by polarization and intensity of the incident beam respectively. The unprecedented parameters including 360 TB/disc data capacity, thermal stability up to 1000°C and practically unlimited lifetime. November / December 2016 | FranTechnovation 33

However the implementation of digital data storage, which is a crucial step towards the real world applications, has not been demonstrated by ultrafast laser writing. Here we successfully recorded and retrieved a digital copy of the text file in 5D using polarization controlled self-assembled ultrafast laser Nano structuring in silica glass. They experimentally demonstrated the recording and read-out processes of 5D optical data by femtosecond laser writing. The data recording was significantly simplified by replacing the conventional control of the writing beam energy and polarization with a spatial light modulator and a specially designed laser imprinted half-wave plate matrix. This demonstration is a crucial step towards commercialization of ultrafast laser based optical data storage.

The Future of Data Storage Technology

The storage allows unprecedented properties including 360 TB/disc data capacity, thermal stability up to 1,000°C and virtually unlimited lifetime at room temperature (13.8 billion years at 190°C) opening a new era of eternal data archiving. As a very stable and safe form of portable memory, the technology could be highly useful for organisations with big archives, such as national archives, museums and libraries, to preserve their information and records. Now, major documents from human history such as Universal Declaration of Human Rights (UDHR), Newton’s Opticks, Magna Carta and Kings James Bible, have been saved as digital copies that could survive the human race. A copy of the UDHR encoded to 5D data storage was recently presented to UNESCO by the ORC at

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the International Year of Light (IYL) closing ceremony in Mexico. The documents were recorded using ultrafast laser, producing extremely short and intense pulses of light. The file is written in three layers of nanostructured dots separated by five micrometres (one millionth of a metre). The self-assembled nanostructures change the way light travels through glass, modifying polarisation of light that can then be read by combination of optical microscope and a polariser, similar to that found in Polaroid sunglasses. Coined as the ‘Superman memory crystal’, as the glass memory has been compared to the “memory crystals” used in the Superman films, the data is recorded via self-assembled nanostructures created in fused quartz. The information encoding is realised in five dimensions: the size and orientation in addition to the three dimensional position of these nanostructures. The team are now looking for industry partners to further develop and commercialise this ground-breaking new technology.

Securities Trading Technology (STT) - The Global Leaders in Financial Market Software 36

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ne of the biggest truths of the era of financially independent technologies, yet organically dependent economies is the task of banking on the money traded in financial market, making a living yet at the same time keeping the money flowing in the market to generate more. As simple as the process sounds, it needs a lot of learning and unlearning, skills in finance and technology, and a master mind for extremely rigorous algorithms to be processed, in our brain per se?

‘Non’ as they say in French! Since man has not been blessed with the liberty of processing complex algorithms in the mind, they have developed codes and programs and software for the purpose of helping overcome this shortcoming! Very few people enter the trading arena with their eyes fully open to the psychological and financial risks. Indeed, they approach markets in the same way that they might approach a lake containing treasure. They feel that all they have to do is set up appropriate pumping equipment and the treasure is theirs. What they do not realize is that – as in all good fairy stories – the lake has magical properties, designed to protect the integrity of the treasure. What might be the most optimum combination for this? A software or may be a program that gives an output of these analysis and hence help make improved decisions for the financial trading!

A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares); these may include securities listed on a stock exchange as well as those only traded privately. Basically the technology tool used in this process is the technical analysis software. Technical analysis software automates the charting, analysis and reporting functions that support technical analysts in their review and prediction of financial markets.

Securities Trading Technology (STT) The Global Leaders in Financial Market Software Securities Trading Technology(STT) Software is passionate about creating tailored solutions to individual companies with the highest standards ensured, and with their extensive collective knowledge in the financial markets. They strive to deliver quality products that are in line with the latest technology. Building long term partnerships is one of the core missions of STT as a business and keeping and maintaining those relationships is our core aim.

Consistently Reliable, Versatile & Innovative STT has an impressive, fast growing footprint worldwide, with extensive collective knowledge in the financial markets. Their core products cover November / December 2016 | FranTechnovation 37

exchange solutions, to back office management systems, to front end trading tools. They have a wide range of products tailored to the customized needs of the need of the up to the block technology for financial market analysis! Exchange Solutions STTâ&#x20AC;&#x2122;s Exchange solution is a truly comprehensive turnkey solution for all exchange venues. The solution consists of a fully automated trading engine, back office administration component, web and desktop enabled vanilla trading front end, as well as a comprehensive Central Securities Depository and Multiple Instrument Clearing System. These individual components can work in isolation, integrating into existing or 3rd party components, or as an end to end exchange solution. STTâ&#x20AC;&#x2122;s Exchange Solution makes use of the latest technologies, and uses industry standard protocols. This makes the life cycle from project initiation to go-live a seamless, and hassle-free experience.

Central Securities Depository (CSD) The Fortress CSD (Central Securities Depository) System by Securities Trading Technology provides a robust, fully automated settlement system that enables the electronic management and settlement of all securities traded on an exchange. Fortress CSD has adopted best 38

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practices with regard to securities settlement and provides a central securities depository with all the tools necessary for securities settlement. Supporting any asset class, the Fortress CSD system interfaces with external payment systems to ensure delivery versus payment for all transactions to be settled. Insight Market Statistics Insight is a market statistics tool that collects and presents an overview of current and historic market data to be used by exchanges, brokerage firms, banks, custodians and investors. This information is presented graphically, together with a detailed view of trading information for the securities which make up the data. Clarity Surveillance Clarity Surveillance is a product developed by Securities Trading Technology to collect, store and present all exchange data required for a comprehensive Market Surveillance solution. This easy to use, resilient, self-sufficient service, connects directly to any FIX based exchange, or a number of native\propriety APIs, and mines all the necessary public market data, and private transaction data. Global Clearing Management System (GCMS) Global Clearing Management System (GCMS) is a derivatives back office solution developed by Securities Trading Technology that has clearing, accounting and reporting functionality. Created to cater for the needs of clearing firms and broking houses in the Financial Industry, Global Clearing Management System ensures a

flexible, scalable and 100% reliable solution to cater for the varying needs in the Financial Industry. Automating many of the usual manual processes in the Global Clearing Management System allows for increased efficiency and accuracy of work performed. Real Time Risk Management (RTRM) The Risk management module was developed for clearing firms, brokerages, and commercial, private and investment banks for the risk management of derivatives trading. The Risk management module will enable accurate and an instantaneous summary with regards to exposure on client - and broker trading accounts. The Risk Management Module serves as the exposure risk management component. The Risk module is a solution with many beneficial elements which are extended to the broker clients as a value-added service. Avvento Avvento is STT’s trading solution and is available as a browser based trading platform; a Windows © based trading platform; and a mobile trading application (IOS, Android and Windows supported). Avvento is a well-proven system utilised at 12 different exchange venues around the world. Avvento Trader The Avvento Trader offered by Securities Trading Technology is an internet based trading and risk

management solution. Developed using the latest technology, Avvento Trader provides a robust, reliable solution that can facilitate trading by banks, brokers, traders and clients. Avvento trader is used as the standard issued trading platform by numerous exchanges. Avvento trader includes a number of customizable settings and provides access to various exchanges and all asset classes from a single platform for efficient and effective trading. Fortress Custody Fortress Custody solution is a securities processing application designed for use by commercial banks and CSDP’s (Central Securities Depository Participants) to integrate with CSD’s (Central Securities Depositories) for the processing of bonds, money market instruments and equity instruments. Fortress Custody uses a web browser interface which ensures a secure, remote access, fast and easy to use system. Central Bank Management System (CBMS) The Central Bank Management System (CBMS) is a fully integrated solution for central banks. The system consists of three core modules all interconnected with one another: • Treasury The Treasury component is utilised for creating the auction process, i.e. creating the offer in addition to a configurable general ledger. • Auctioning Front End November / December 2016 | FranTechnovation 39

The Auctioning Front End is used by dealers in the market to enter their bids on the auction in real-time. Holdings reports show the user where their dematerialised scrip is real time. The solution is entirely swift enabled which allows participants to place bids via swift messages in either ISO 15022 or 20022 formats. Additionally, the Auctioning front end allows participants to perform transfers between participants. • Custody The Custody component is linked to the above modules and is responsible

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for two core functions namely, settlement and collateral reserves to the Real Time Gross Settlement System (RTGS).

Other Software STT offers many more software and software support which as designed to optimise the utilisation of these apps. Here is a list of these applications:

• • • • •

SWIFT ROUTER TRANSFER SECRETARY REVERSE FACTORING EXCHANGE (RFX) MTRADE BROKER BACK OFFICE SYSTEM (BBO)

North Capital â&#x20AC;&#x201C; Accelerating the Evolution of Financial Markets 42

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lobalisation, technology and financial markets are the key ingredients of the new global hub! We are all connected and we are all working, we all have technology at our fingertips and technology has evolved and garnered over a large period of time! There is an optimum utilisation of technology that has integrated and evolved in the field of financial services, trading and brokerage! Financial technology, also known as FinTech, is an industry composed of companies that use new technology and innovation to leverage available resources in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial services. Financial technology companies consists of both start-ups and established financial and technology companies trying to replace or enhance the usage of financial services of incumbent companies. Prime brokerage is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an

absolute return. The prime broker provides a centralized securities clearing facility for the hedge fund so the hedge fund’s collateral requirements are netted across all deals handled by the prime broker. These two features are advantageous to their clients. The prime broker benefits by earning fees (“spreads”) on financing the client’s margined long and short cash and security positions, and by charging, in some cases, fees for clearing and other services. It also earns money by re-hypothecating the margined portfolios of the hedge funds currently serviced and charging interest on those borrowing securities and other investments.

The process behind the Prime Brokerage

Each client in the market of a prime broker will have certain technological needs related to the management of its portfolio. These can be as simple as daily statements or as complicated as real-time portfolio reporting, and the client must work closely with the prime broker to ensure that its needs are met. Certain prime brokers offer more specialized services to certain clients. For example, a prime broker may also

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be in the business of leasing office space to hedge funds, as well as including on-site services as part of the arrangement. Risk management and consulting services may be among these, especially if the hedge fund has just started operations. Ideally the services provided under the umbrella of Prime Brokerage are as below: • Global custody • Securities lending • Financing • Customized technology • Operational support • Capital Introduction • Office Space Leasing and Servicing • Risk Management Advisory Services • Consulting Services

North Capital – Accelerating the Evolution of Financial Markets

North Capital is the leading provider of prime brokerage and technology application services to power financial marketplaces. The North Capital companies offer technology-based investment solutions to broker-dealers, banks, fund managers, funding platforms, and private issuers who wish to access private investment markets. Their flagship product TransactAPI can be quickly and easily integrated with proprietary platforms, or their Marketplace as a Service, and saving development time and money.

The Benefits of the North Capital Technology • • • • • • • • 44

Transaction Engine Marketplace-as-a-Service Mini-Platform Fully Compliant WordPress Compatible Expands Distribution Complete Customizability Quick Turnaround

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• Easily Embeds

North Capital Services

North Capital has divided its services under three major sections• Alternative Investments • Market Place Solutions • Advisory Services Hence covering the broader scope of the projects requirements in the financial technology services sector. Alternative Investments There are three major services offered under this branch of Financial Services: 1. Real Estate Investments REITless is an online platform for private real estate investing. Focused on single and multi-family residences, REITless allows investors to pool money to invest in fractionalized opportunities. Investors simply evaluate the offerings, review and sign the subscription materials online, and manage existing investments. 2. Fund Offerings PPEX is designed to be the most comprehensive, accessible and user friendly electronic marketplace for primary offerings of Private and Public Fund interests. Utilizing technology, products, and market expertise, PPEX will systematically connect fund

offerings and investors, bringing order to a fragmented marketplace. 3. Early Stage Companies 99Funding is an online marketplace for broker vetted syndicated private offerings. Using North Capital’s extensive network of platform partners, 99Funding allows accredited investors gain access to early stage private companies from across the web in one place. Marketplace Solutions The market place solutions are divided under two branches: 1. TransactCloud TransactCloud streamlines the offering, transaction, settlement, and posttransaction processing of private offerings in a compliant environment. Their SaaS solution links global markets and applies components of traditional public securities transactions to the private securities markets to streamline processing. Transact Cloud is fuelled by TransactAPI, MaaS&TranscIT.

TransactAPI is a transactional technology platform that enables broker-dealers, funding platforms, and issuers to conduct online private securities offerings.

Marketplace as a Service fully integrates the capability of TransactAPI as a white label solution. Commonly referred to as a ‘platform in a box’, our MaaS is a quick-to-market solution.

TransactIT is a single-offering module intended for individual issuers. Built with the same functionality as TransactAPI, TransactIT is easily embedded on a website, within an iframe, or shared as a URL.

2. Broker Dealer North Capital Private Securities (NCPS) is a registered broker dealer focused on the marketing and

distribution of private funds and the securities of private companies to qualified investors, such as family offices, funds of funds, endowments, foundations, and pension funds. Their principals have expertise in the origination, structuring, and marketing of private offerings, and we serve as your trusted advisor to manage your offering from start to finish. The key Principles driving the effective and optimum achievement of the goals are: • Experienced Team • Perform Investor Verification • Manage Investor Records • Ensure Transparency and Investor Protection • Perform Due Diligence • Experts in Compliance • Transact Offerings • Supervisory and Advisory Services

Advisory Services

The advisory service tree has three branches: 1. Financial Planning North Capital will undertake a comprehensive financial review based upon your individual needs and goals, your personal risk profile, and any special circumstances related to your finances.

They collect information about your income and expenses, your investment portfolio and other assets,and your liabilities.

They also ask you to complete a brief questionnaire that helps to establish your risk profile and identify other information that should be considered in our review.

Throughout the review process they work with you to hone in on your investment goals and to establish an appropriate time horizon over which to achieve them. November / December 2016 | FranTechnovation 45

2. Investment Management They collect information about your income and expenses, your investment portfolio and other assets,and your liabilities.

They also ask you to complete a brief questionnaire that helps to establish your risk profile and identify other information that should be considered in our review. Throughout the review process they work with you to hone in on your investment goals and to establish an appropriate time horizon over which to achieve them.

3. Consulting Solutions North Capital is an investment management company with a singular focus: delivering customized investment solutions to meet your specific needs. The principals of North Capital have been helping individuals, families,

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corporations and institutional investors tackle their complex financial and investment problems for over twenty years.

Clients have unique goals, problems and constraints that require specialized attention and customized solutions.

North Capital principals have worked with clients to meet a wide variety of needs, including asset valuation, distressed asset sales, interest rate and foreign currency hedging, initial and ongoing due diligence of private funds, analysis and due diligence of private investment opportunities and acquisitions, restricted stock hedging, hedging illiquid securities, development of investment policies and procedures, creation of domestic and international investment vehicles, and general investment consulting.

540 West Madison Chicago Illinois-The Heart of Luxury Living 48

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he beauty of life is living! If one has no will to live beautifully, one has no will to explore, one has no will to earn comfort, what then is the point of the freedom you lie inâ&#x20AC;Ś Living the luxury lifestyle is all about the little details and finishing touches that make the difference between ordinary and extraordinary. If you love the finer things in life, you appreciate style, elegance and distinction and you seek out experiences that stand out from the rest. You have discerning tastes and you are not afraid to seek further and pay a little more, in order to have an experience that is absolutely out of this world. Shout out to the upstate and the most posh locations of the world in the most supremely advanced and technologically well-equipped country in the world! These are goals for all the third world nation building their bridge towards independent and state of the art infrastructure and indeed it is commendable how the global infrastructure is changing.

A key progress in this arena is the luxury lifestyle, where in the comfort and the design of a luxurious travel has been imbibed with the technology and the exponential progress of infrastructure, all sorted out into a package of luxurious living! The global leading locations for the state of the art living are sprawling from Dubai, Singapore, Paris, Madrid, Zurich, New York, Montreal, San Francisco, Chicago, London, and may more! You name a country and youâ&#x20AC;&#x2122;ll find these beautiful offspring of architecture standing tall and high in their might of the pride of a luxurious living! The skylines of all these beautiful destinations in the world is sprawling with comfort living and office arenas, business parks and hubs, with the cutting edge design and architecture, and the comfort being the foremost requirement!

540 West Madison Chicago IllinoisThe Heart of Luxury Living 540 West Madison is a 1.1 million, 31-story, Class A office tower

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encompasses a full city block in the heart of Chicago’s West Loop. The LEED-OM Platinum Property is bound by Washington Boulevard to the north, Madison Street to the south, Clinton Street to the east and Jefferson Street to the west. Completed in 2003 and designed by the esteemed architecture firm, De Stefano & Partners, the Property was originally built to serve as a critical facility for ABN AMRO and LaSalle National Bank, successively acquired by Bank of America. The Property’s exceptional location, sustainable design, superior amenities and impressive infrastructure underscore its significance within the Chicago office market.540 West Madison offers investors the rare combination of unparalleled infrastructure, premium location, outstanding amenities and timeless asset quality.

Tomorrow’s Office. Today.

540 West Madison clearly defines five business objectives involving reduced risk, lower costs, enhanced flexibility, improved productivity and high-quality workforce retention.

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The 1.1-million-square-foot, 31-story 540 West Madison complex houses a 50,000-square-foot data center along with public amenities at street level, a large landscaped entry plaza, an 800-seat cafeteria and 390 parking spaces. To ensure uninterrupted 24/7 operations and boost energy efficiency, numerous features were incorporated including mission-critical infrastructure and a raised-floor HVAC and power/data distribution system.

The Best of Chicago’s West Loop Located directly west of Ogilvie Station, 540 W Madison provides unparalleled commuter access by train, bus and car. 540 West Madison is within short walking distance of the many vibrant and diverse restaurants of the Randolph Street corridor. 540 West Madison’s irreplaceable location has help create a dynamic, in-demand, trophy asset that has appeal to tenants from a wide array of industries. Located in the vibrant West Loop submarket the Property sits on a 2.95 acre site encompassed by a full city block bordered by Washington Boulevard to the north,

Madison Street to the south, Clinton Street to the east and Jefferson Street to the west. Providing virtually unmatched access to suburban trains (Metra), 540 West Madison is positioned directly across Clinton Street from Ogilvie Transportation Center, the terminus for three Metra routes operated by Union Pacific. The UP North, Northwest and West lines handle more than 102,000 commuters each weekday (arrivals and departures). These lines service the majority of Chicagoland’s most affluent suburban communities. Union Station is the nation’s 3rd busiest train station and handles 128,000 passengers each weekday is a quick two block walk from the Property. Furthermore, 540 West Madison is situated just two blocks east of the Kennedy Expressway (Interstate 90/94) and the Eisenhower Expressway (Interstate 290) which provide access to every other major Chicago expressway. The Property also provides convenient access for urban commuters due to its proximity to the Chicago Transit Authority’s (“CTA”) train and bus system. 540 West Madison’s exceptional location and accessibility contribute to its prominence within the Chicago office market.

Built for Tomorrow’s Technology Needs

540 West Madison was built with an infrastructure ahead of its time. With a technology centre classification, raised floor access, a central HVAC plant with redundant N+1 watercooled chillers with a 5,000 ton capacity, On-site domestic water storage and a redundant 10MW onsite power generator 540 West Madison was built for tomorrows data centres and business needs.

In addition to 540 West Madison’s highly redundant utility infrastructure it has modular floor plates with distribution of power and communications cabling under the floors. While delivering 800Amps at 120 or 208 Volts with an average capacity of 7.1 watts per square foot, tenants can set up their work environments any way they like without being limited by where the building’s infrastructure is physically located. Power and data where it’s needed and nowhere else.

Exquisite Global Amenities for the Love of Living! Lobby Bright and airy with modern touches. A one of a kind glass sculpture “Light Twister” by Libor Sostak of Lasvit hangs from the mezzanine level welcoming guests. Regularly rotating art exhibits provided by the King Art Collective are displayed on the mezzanine level for guests and tenants to enjoy. Sixth Floor Terrace An exquisitely landscaped oasis in the midst of busy city life.The perfect place for a quick break, meeting space or private events for the exclusive use of our tenants from May to September during normal business hours. 540 Fitness Centre Coming soon, a state-of-the-art spa and fitness centre offering tenants personal training, fitness classes and a wide variety of spa services. Sign up for a membership today. Mila One Coming soon, a warm and minimal bar featuring simple and familiar dishes. 540 Conference Centre Coming soon, a full scale conference centre seating more than 500 people and serving the greater Chicago community. November / December 2016 | FranTechnovation 51

540 CafĂŠ The Cafe at 540 West Madison offers a relaxing atmosphere during your afternoon break. Tenants may choose from fresh brick-oven-pizza, handmade sandwiches, or an ever changing menu selection prepared everyday by onsite staff.

The Bank of America Chicago Headquarters

The Property is currently 98.0% leased to a superb mix of globally prominent, high credit tenants and benefits from over 9.3 years of weighted average lease term with zero rollover until December 2022. 540 West Madison offers investors the rare combination of unparalleled infrastructure, premium location, outstanding amenities and timeless asset quality. The largest tenant, the Bank of America (S&P, A) has right sized within the building to include operations for Merrill Lynch and mission critical lockbox and datacentre operations for the bank through 2022. The property also features a cache of internationally respected firms including Baxalta, DRW Trading, SAC Wireless and Marsh USA to name a few. The quality of the tenant roster, coupled with the balanced rollover schedule and below market rental rents, make this an attractive stable investment for core investors desiring superior cash flow with minimal rollover exposure in a location with extraordinary resicual value.

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Arista- The Software Driven Cloud Networking 54

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thernet networks have evolved significantly since their inception in the 1980s, with many evolutionary changes leading to the various switch categories that are available today (see Figure 1). Data centre switching has emerged as a unique category, with high-density 10Gbps, 40Gbps, and now 100Gbps port-to-port wirerate switching as one of the leading Ethernet networking product areas. Beyond these considerable speed progressions, data centre switching offers sub- microsecond switch latency, more resilient architectures with wide equal-cost multipath routing architectures, the i ntegration of network virtualization to support simplified provisioning, and the integrationof Network Applications on top of the data centre infrastructure to align IT operations with network behaviour. While these state-of-the-art switching features leverage 30 years of progressive hardware and software technology evolution, successful implementation of Arista SDCN requires a fundamental shift from closed, vendor-specific proprietary monolithic device centric operating systems to open, extensible, externally programmable network operating systems. Thisopen extensibility requirement is driven by the guiding principles of cloud data centres in which resources are managed dynamically as one integrated system made up of compute, network, and storage. Cloud controllers, as middleware orchestration and resource managers to the underlying infrastructure, drive provisioning decisions on workload placement and mobility. This includes where the workload resides at the edge of the network. Every time a workload is moved the

network must be updated to ensure proper provisioning of required resources or visibility to the virtual workload. Switches must interface with these controllers in real time, as these workloads are becoming highly mobile, based upon rack level and data centre private and hybrid optimization technologies. Arista refers to this as open workload mobility. Closed network operating systems that are built on older design principles can, at best, offer oneoff implementations and struggle to support the growing list of different SDN controller form factors. Arista, on the other hand, is in a unique leadership positionâ&#x20AC;&#x201D;the industry award-winning modular Arista EOS can interact with multiple systems concurrently, handling external controller updates and managing highly distributed switch forwarding states, both in real time. The Arista approach offers the best of both worlds, providing service control to external controllers, while scaling with Leaf/Spine switching architectures for the most demanding carrier-class cloud data centres.

Arista- Software Driven Cloud Networking

Arista Networks was founded to pioneer and deliver software-driven cloud networking solutions for large data centre storage and computing environments. Aristaâ&#x20AC;&#x2122;s award-winning platforms, ranging in Ethernet speeds from 10 to 100 gigabits per second, redefine scalability, agility and resilience. Arista has shipped more than 10 million cloud networking ports worldwide with CloudVision and EOS, an advanced network operating system. Committed to open standards, Arista is a founding member of the 25/50GbE consortium. Arista Networks products are available worldwide directly and through partners. November / December 2016 | FranTechnovation 55

At the core of Arista’s platform is the Extensible Operating System (EOS™), a ground-breaking network operating system with single-image consistency across hardware platforms, and modern core architecture enabling in-service upgrades and application extensibility.

Arista Solutions across Technology

EOS+ Platform EOS+ is a software platform for network programmability. EOS+ enables programmatic control of the network with end-to-end solutions, providing customers the ability to automate their network for reduced operational cost and improved responsiveness for managing workloads and workflows. EOS+ offers pre-built applications from Arista and a wide variety of partners with the ability to customize directly or with assistance of Arista EOS Software Consulting services. EOS applications provide complete solutions with support from Arista’s Technical Assistance Centre (TAC). Arista offers the EOS application, consulting and development environment solutions and services to make it better! Cloud Networking Solutions Servers, storage and networks form the anchors of today’s IT infrastructure. Companies around the world are constantly seeking

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to enhance this infrastructure. With 10GbE connectivity the new infrastructure requirements are distinctive and differ in many ways from the needs of traditional enterprise IT needs. The new environments often require unique compute density, power density and ultra-low latency. Such hyper-scale computing environments – where deployments are measured by up to millions of servers, storage and networking equipment – are changing the way they approach IT to drive growth and decrease operational expenses. Arista’s Cloud Connect solution allows customers to leverage Arista’s spine switching platforms built for software driven cloud networking within the data centre for use between data centres as well. Leveraging Arista’s foundation in merchant-silicon platforms combined with open and programmable EOS, this solution provides CapEx and OpEx savings to our customers by simplifying and streamlining traditional interconnect approaches.

Software Driven Cloud Networking

Arista Software Driven Cloud Networking (SDCN), combines the principles that have made cloud computing the unstoppable force that it is: automation, self service provisioning, and linear scaling of

both performance and economics coupled with the recent trend in Software Driven Cloud Networking that delivers: network virtualization, custom programmability, simplified architectures, and more realistic price points to the table. This combination creates a bestin-class software foundation for maximizing the value of the network to both the enterprise and service provider datacenter: a new architecture for the most mission-critical location within the IT infrastructure that simplifies management and provisioning, speeds up service delivery, lowers costs and creates opportunities for competitive differentiation, while putting control and visibility back in the hands of the network and systems administrators.

Network Visualisation

The goal of Network Virtualization as an overlay network is the decoupling of the physical topology from the logical topology, to allow connectivity between compute (virtual or physical) and network services (virtual or physical) regardless of where they may reside within the datacenter. This approach delivers an optimal level of flexibility and mobility, so that compute nodes can now be dynamically placed anywhere in the datacenter, removing the traditional L2/L3 boundaries of the physical infrastructure. The foundation for Aristaâ&#x20AC;&#x2122;s Network Virtualization solutions is VXLAN, an open IETF specification designed to standardize an overlay encapsulation protocol. Arista solutions range from OVSDB and Openstack integration to BGP EVPN in conjunction with EOS CloudVisionÂŽ, a platform for networkwide workload orchestration and workflow automation.

IP Storage and Big Data

The networking demands of big data analytics, flash-based and scale out storage, and hyper-converged compute solutions are driving a migration from legacy fibre channel to next generation IP-based storage networks. These next generation storage applications require an open, programmable, lossless and highly available IP storage networking solution in order to support their unique traffic patterns. The drive to develop and deliver innovative products and services in the future will be fueled increasingly by companiesâ&#x20AC;&#x2122; ability to acquire and analyze vast amounts of structured and un-structured data. Large and small enterprises are racing to acquire this capability by leveraging the vast computing power of the public cloud and by re-engineering their datacenters into private clouds. Big Data provides a tremendous help to organizations making critical decisions that drive their businesses. At the same time, Big Data requires storing and efficiently processing terabytes or exabytes of unstructured data, which creates an extraordinary challenge for CTOs and Network Operators, requiring new and innovative technologies. The Big Data framework is comprised of distributed file systems, databases, and data mining algorithms. For a successful implementation, Big Data deployments require a highly scalable, high-performance, and easy to manage interconnect, advanced turnkey management solutions, and familiar visualization tools.

High Frequency Trading

The race to zero is on and every microsecond of incremental latency is the difference between making November / December 2016 | FranTechnovation 57

a market and reading about it in tomorrow’s paper. In your firm every microsecond counts, and is counted. Technologies that accelerate the movement of data create competitive advantage and drive increased market liquidity.

Telemetry and Analytics

Visibility is a critical component to a more efficient cloud-like network. Being able to capture what a network is ‘thinking’ or ‘doing’ is the basis for true network automation and analytics. Legacy networking has long suffered from limitations in network visibility largely due to inefficient polling mechanisms that only provide a limited subset of data. As a result, the operators of legacy networks have been essentially blinded when it comes to true network insight. Today’s cloud networks operate at a scale where visibility is even more important for efficient operations, and legacy visibility solutions do not meet the cloud requirements. In particular, today’s cloud networks require fine-grained visibility into: • Network state in real-time • Dynamic workloads in virtualized and containerized environments • Advanced monitoring and instrumentation for troubleshooting

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TAP Aggregation

Arista offers a new approach to TAP Aggregation that delivers monitoring, visibility, and analysis for high density, non-blocking 10/40/100GbE networks all powered by Arista EOS® software to deliver an order of magnitude improvement in the economics of building cloud-scale monitoring. Next generation TAP Aggregation using DANZ makes it possible to cost-effectively and losslessly monitor all datacenter network traffic while capturing and analyzing only the traffic that is needed. With its best-in-class business value, DANZ lowers CAPEX and OPEX versus traditional packet brokers. With DANZ, customers can transform opaque datacenter traffic into visibility for better application and network performance management, traffic recording and analysis, security threat detection and mitigation, compliance and troubleshooting. Arista also offers Government Solution, Media & Environment Solutions and Security Consulting and services. Arista’s Networks have been recognized by Gartner as a leader in 2016 Magic Quadrant for Data Centre Networking!

FXLightning- The complete Forex Trading Solution 60

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ith liquidity harder to find and margins being eroded, banks face unprecedented pressures to manage their cash effectively. As a result, banks need to rationalise nostrum accounts and reduce manual processes through the use of automated, real-time cash management solutions to create automated intra-day processes that ensure the rapid identification of long and short positions. In particular, the entire cash flow lifecycle through to settlement needs visibility, which can tempt bank to reconcile 940/950 statements both in the reconciliations team and in the cash management team. As companies continue to grow internationally, they find it increasingly difficult to know how much cash they have in each currency and with each bank partner. They have outgrown their spreadsheet-based treasury operations or are struggling to gather information from multiple systems and subsidiaries. Now treasury teams can stop wasting precious time on manual tasks. Cash management technologies enable liquidity management and bank connectivity capabilities enable realtime insights into cash positions and liquidity risks. These cloud brokerage solutions can help you to plan, buy, and manage - or broker - IT resources across all cloud models from multiple suppliers while reducing compliance risk and overall IT costs.

FXLightning is the Complete Forex Trading Solution for Brokers The FX Lightning System is a complete foreign exchange trading solution for banks, brokers, and institutions. FXLightning satisfies the most advanced client trader demands while providing the bank/broker unprecedented control of their forex operations.

FXLightning makes most current third party forex applications obsolete, but allows for easy integration to any in house system required. MT4 can also bridge to FXLightning via our plug-in, allowing synchronization of unlimited liquidity, orders and balances across the network. FXLightning can be rapidly deployed and operating for new clients within one week. Unique Features for Beginning and Advanced Traders A sophisticated foreign exchange trading solution for banks, brokers, and hedge funds. FXLightning satisfies the most advanced client trader demands while providing the broker with ease and control of their operations. FXLightning allows for easy integration to any in house system via our Backoffice API. MT4 is also connected allowing clients access to unlimited liquidity via our Java GUI, Web Trader, Mobile App, API, or MT4 (optional) platforms synchronized in real time to one account. FXLightning processes thousands of orders per minute and allows November / December 2016 | FranTechnovation 61

aggregation of unlimited liquidity sources via both FIX and Java API’s, while providing millisecond STP trade execution. FXLightning can be rapidly deployed with our automated processes and operating for new clients in one week.

FXLightning Solutions

FXLightning solutions provides opportunities to both existing and new brokers and it is designed keeping in mind the need and the knowledge and hands on the technology for each respective broker. New Brokers FXLightning is the perfect tool to get your new brokerage up and running quickly as our development and automation processes make installations a snap. We’ll connect any specific liquidity API’s at your request. FXLightning eliminates the need for liquidity bridges, paam software, mirror trading software, and allows complete controls over real time spread/margin/swap/ interest/commission rates. For a limited time you can license your own private end to end system with the ability to add your own white labels, for about the same cost as licensing the leading white label solution. And FXLightning will be there as you grow from your first client to your first ten thousand. Existing Brokers FXLightning is the perfect solution for existing brokers who want to eliminate third party liquidity bridges and aggregate and source their liquidity directly, with the ability to show full order book depth with transparent 62

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ECN dealing. Technologically superior and simply more efficient. PAMM module and more. Brokers can also now identify profitable traders and systems with our Performance Tracker, with a simple click any account trading on the system can be made available to any or all other users for auto trading on TradeFollow. How much do you pay out in monthly fees to bridge and mirror trade companies? Use one component or all, we expect FXLightning to increase your revenues and streamline operations. For a limited time you can license FXLightning for your brokerage for less than what many of you pay in bridge fees alone per month.

The Technology & Components behind FXLightning

The FXLightning development team efficiently uses and leverages open source technologies to build a high quality and cost effective solution. The core of the system (Order Management System) is based on highly efficient Java code in combination with the transaction processing of the PostgreSQL database system. Atop the OMS sits an Apache CXF/Axis2 SOAP stack that enables the core system to communicate with other components and the outside world. This enables efficient and high throughput access point and extension hooks for the integration of company systems / trading operations. FIX integration is supported by connection through the Quickfix open source FIX engine, and high speed

connectivity to user interfaces and mobile applications are implemented by using the Mina and Netty open source libraries. Components The FXLightning System is comprised of three main components; Front End, Back Office, and Order Management Systems. Front End Systems include all client and dealer trading platform and interfaces, Web Trader, Java platform, Mobile App, API, or MT4, along with Java Money Manager GUI and brokerâ&#x20AC;&#x2122;s Dealer GUI. Front End actions are submitted directly into our Back Office and Order Management databases. Back Office Systems allow administration, reporting and storage of client data, settings, and trading activity as well as back end liquidity and order history from our scalable high volume data base solution. Our Order Management System is a high volume millisecond order execution engine that manages order flow from Front End Systems and back end APIâ&#x20AC;&#x2122;s connected to liquidity sources.

FXLightning Features

TradeFollow Offer clients the ability to follow other trader order flow with TradeFollow, our easy to use auto trading program allowing complete control over risk and limit settings. SystemScript Automate specific trading rules with SystemScript with both an Easy and Advanced Screen, tick by tick back testing, and simple copy/paste EA strategy option. Client can run from desktop or store in the cloud on the FXLightning System server. AutoDealer Manage and view unlimited liquidity and STP order flow on the FXLightning System from a dynamic interface which provides real time spread, margin, swap, and interest rate management settings. Multi Account Manager Full function multi account manager for fund managers allows pre-trade allocation by LAM or PAM methods, one click dealing, client messaging, and more.

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Advanced Charting Real time charting with ability to trade from the charts, save select color themes, open unlimited chart windows, and more. Full Market View Offer clients ECN dealing and provide transparent full market depth and one click dealing with our pro trading interface. Flexible Trading Options Offer clients the ability to trade from the web, Java platform, Android mobile device, or even your MT4 with one synchronized account. High Volume OMS With FXLightning your order flow will never outgrow your technology. Our high volume database solution is capable of unlimited order flow with millisecond trade execution. Simple Setup Set up has never been easier. FXLightning can be installed on your server in ten minutes or hosted and monitored by us 24 hours a day.

An Efficiently Economic tool for Complete Control over your Liquidity

FXLightning is the perfect tool to get your new brokerage up and running quickly as our development and automation processes make installations a snap.

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Weâ&#x20AC;&#x2122;ll connect any specific liquidity APIâ&#x20AC;&#x2122;s at your request. FXLightning eliminates the need for liquidity bridges, paam software, mirror trading software, and allows complete controls over real time spread/margin/swap/ interest/commission rates. For a limited time you can license your own private end to end system with the ability to add your own white labels, for about the same cost as licensing the leading white label solution. And FXLightning will be there as you grow from your first client to your first ten thousand. FXLightning is the perfect solution for existing brokers who want to eliminate third party liquidity bridges and aggregate and source their liquidity directly, with the ability to show full order book depth with transparent ECN dealing. Technologically superior and simply more efficient.

Stripe- The New Standard in Online Payments

November / December 2016 | FranTechnovation

n many ways, starting an online business is similar to starting a brick-and-mortar store. You’ll plan your business, organize your funding, produce your product, and get to work. But, there are unique aspects of running an online-only business that would-be entrepreneurs need to consider. There is a proven sequence of steps you can follow to guarantee your success when you’re starting a small business online.Different types of Online Businesses exist and they are successful by following some common ground rule success formulae. Stripe will help you take any and every type of internet business to the technology success that is required for a successful run! Different types of e businesses An e-Commerce Website An eCommerce site is the most direct form of online business you can start; with a self-hosted eCommerce site. An Etsy Store An Etsy store is, by comparison, relatively easy to set up. The format of an Etsy store remains relatively similar store to store, though you will have the ability to customize your layout a little. An eBay Store Similar to Etsy, starting an eBay store has some significant advantages, which are also at the same time potential downsides. A site with no Physical Goods sold If your business is not selling physical goods but rather services and consulting, however the payment is accepted via your site, you’re most likely better off setting up your own website, with a very simplistic shopping cart software.

Stripe - The New Standard in Online Payments

Stripe is the best software platform for running an internet business. We handle billions of dollars every year for forward-thinking businesses around the world. Stripe is a vibrant team of young entrepreneurs and enthusiasts who think that building an internet business is a problem rooted in code and design, not finance. Their developer-friendly APIs let our users focus on building great products. They love the web, and care deeply about beautiful code, APIs, and documentation. They really like startups and building products. The Complete Toolkit for Internet Business Stripe builds the most powerful and flexible tools for internet commerce. Whether you’re creating a subscription service, an on-demand marketplace, an e-commerce store, or a crowdfunding platform, Stripe’s meticulously-designed APIs and unmatched functionality help you create the best possible product for your users. Hundreds of thousands of the world’s most innovative technology companies are scaling faster and more efficiently by building their businesses on Stripe. Join 100,000+ Businesses on Stripe Mobile Commerce Stripe provides everything you need to create quick and effective mobile commerce experiences. It’s no wonder that the most successful mobilecommerce companies like Warby Parker, Wish, and OpenTable use Stripe. Craft beautiful, high-converting payment flows with our SDKs for iOS and Android devices. Securely store customer payment information for November / December 2016 | FranTechnovation 67

one-tap purchases on your app or website. And build atop a platform that’s ready for what comes next. As your mobile business grows, Stripe helps you run it better: real-time data access (on iOS too!), fraud prevention, 21st-century accounting, international support—and that’s just the start. On-Demand Economy The on-demand economy gives the people what they want, now: rides, food, accommodation, and more. Your payments should meet the same high standards as your product experience: with just a tap, Stripe helps sellers on your marketplace get paid. Software as a Service Stripe has first-class support for subscription businesses. It’s built to take all the work out of billing: you integrate your signup flow, add customers to a subscription plan, and we take care of the rest. Discounts, cancellations, subscription changes, multiple seats? All supported out of the box. And you’ll run the business differently on Stripe: We tamp down churn by automatically updating credit cards when they’re expired or replaced. Accept larger payments via ACH. Track results on your dashboard, then test things out like new plans and pricing. Simplify your accounting—just export to QuickBooks or plug into services like NetSuite. You can do more with your subscriber data, too. A whole host of third-party apps can go to work with your Stripe data in one click, letting you analyze your customer base, automatically manage workflows, track churn, and more. Non-Profits Smartphones and social media are helping nonprofits reach more 68

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supporters more efficiently. Using Stripe, modern nonprofits make it easy for those supporters to give to a great cause. Stripe helps you create beautiful, userfriendly donation experiences without the development time. You can get donations up and running in days rather than months, accept payments on desktop and mobile in any currency, download custom reports as needed, and let Stripe handle the heavy lifting for payments. Platform Payments The best platforms own their user experience from end to end, including payments. Purchasing is woven into Twitter and Shopify. Kickstarter and Squarespace get their sellers paid seamlessly. These services work just right.

Stripe- Products- Complete Package for your Internet Business

Payments Remember the bad old days: reams of paperwork, surprise fees, and confusing PCI compliance procedures? We engineered Stripe to let you start accepting payments in less than 10 minutes. You can craft beautiful payment flows, write less payments code and secure these codes by design. Stripe also facilitates more ways to pay around the world. As you grow your business, go global, and boost conversions in other countries by localizing your payment experience. With International cards and currencies being accepted on the checkout page supported by all payment types. Stripe measurestheir success in how little payments code you have to

write. Quickly integrate our simple, composable APIs that are battletested for scale and built for high availability. Stripe lets you spend your development time on product improvements and ship them faster. Subscriptions Build and manage every aspect of your recurring billing with Stripe’s APIs. With An autopilot for billing Stripe has built best practices for subscriptions into our defaults— while still giving you full control and flexibility. The recurring billing run right, it performs algorithms which allow stripe to do the math for subscriptions. With their extensive ‘Every Billing Model’ Stripe integrates with even the most tricky subscription models. Browse the docs for more info on all subscription features. You can also store your customers’ billing info with Stripe Securely keep payment info on file so that you can renew subscriptions or upgrade your user’s plan, all without needing to worry about PCI compliance. Not only this, it also has a toolkit to reach new users. Once you’ve got subscriptions set up, we’ve built tools into our API to help you reach new audiences, experiment with discounts, and maximize renewals.You can target new users with discounts and trails and also go international! With the smart retry logic and the smarter save cards, you can generate convenience for your customers to help enjoy their experience at your website!

Connect Everything marketplaces and platforms need to get users paid. Keeping in mind the fundamentals of connecting the platforms with the users Stripe

has designed its ‘Connect’ policy under four different sections: Multi-party Payments:All the tools you need to run a marketplace: Stripe helps with identity verification, tax reporting, and more. Full Control:Stripe does the heavy lifting while giving you control of everything from the UI to the timing of transfers. Going Global:Your platform can support sellers anywhere Stripe operates (25 countries, more coming this year). Scalable and Trusted:Platforms and marketplaces of every kind use Stripe to manage billions of dollars in payments each year. With an easy set up for sellers and contractors Stripe allows you to use Connect to spin up accounts and enable payments for your sellers, vendors, contractors, or fleet—with as much custom control over the experience as you’d like. Connect is tightly integrated with the rest of Stripe—everything you need to let customers pay for purchases from around the world, either online or in mobile apps. Connect lets your platform support sellers in any of the countries where Stripe is available. With international seller verification and an optimized for everywhere approach it helps aide you in the international market. Flexible transfers on Connect lets your platform customize complex flows that span multiple customers, sellers, and anyone else who needs to get paid as part of your business. You can smoothly manage your platform as Stripe gives you the tools November / December 2016 | FranTechnovation 69

to help run every aspect of your business. Relay Relay lets the customers buy your products directly within other mobile apps. Stripe understands the concepts of Mobile commerce done right. Mobile websites don’t convert well: while mobile devices represent 60% of browsing traffic, they only account for 15% of purchasing. In-app Buy Buttons fix this with an instant purchase experience for customers. With Relay, you can add your products and start selling in a growing number of apps. Stripe allows you to build your own in buy button. With Relay, you can sell your products in a number of apps with a single integration. Atlas Introducing Stripe Atlas. A new way to start an internet business anywhere. With Stripe Atlas, entrepreneurs can easily incorporate a U.S. company, set up a U.S. bank account, and start accepting payments with Stripe. Starting today, it’s available to developers and entrepreneurs globally. The promise of the internet is that location matters less. However, geographic barriers and associated complexity make it difficult to start a global business in many parts of the world. Developers around the world should have equal access to the tools and services that are available to those in Berlin and Boston. Atlas is designed to help. This feature comes with an Atlas Guide that makes you aware of the objectives of making something people want and getting it closer to them! Atlas helps you incorporate a 70

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U.S. Delaware company in a couple of days.Stripe Atlas opens a business bank account for you with Silicon Valley Bank, the world’s leading bank for tech companies. We set up a Stripe account that you can use to start accepting payments from customers in 100+ currencies right away.Stripe Atlas entrepreneurs will have access to guidance on U.S. law and taxes from Orrick, the international tech law firm, and PwC, the global accounting firm. Stripe Atlas is invite-only to start. We’ll be scaling it to as many companies as possible as quickly as we can. You can apply directly or get a referral from one of our partners. Radar One of the latest features launched by Stripe, Radar is a set of modern tools to help you beat fraud, fully integrated with your payments. Their target is to enhance the fraud prevention systems. Stripe Radar is powered by advanced machine learning algorithms that automatically learn from Stripe’s global network of businesses to help identify and prevent fraud. With better accuracy, strong numbers and immediate results Stripe Radar helps enhance combating fraud designed for modern internet businesses. Stripe Radar adds smart, unified tools to the Dashboard that help improve precision while reducing manual work for your teams.

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SelfiePay- A Real Time Mobile Payments Platform for Everyone 74

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he world of Facial Recognition as Cashless Payments

A picture is worth a thousand words, rightly said. But who knew a picture will be worth a thousand dollars or rupees or francs or euros and etc. all! With the world gearing up for a cashless future, and major economies like the Indian economy making major changes for going cashless and putting the monumental cash flow of the economy to a standstill by taking out of the market one of the majorly used cash bill, the world, especially India is in dire need of more and more new mediums of going cashless for payments! There has so far not been a consensus whether a selfie can claim that distinction as well, even if it often now supplants words as a means of communication, especially on the social media. According to some of the reports earlier in the year Amazon’s plans for a payments system based on selfies instead of signatures or pin numbers goes through, they may well be worth far more than words. As MasterCard is already on to much the same idea after surveys apparently showed overwhelming

support for it, the time may soon come when selfies are worth as much — or as little — as the taker’s bank balance. There is no arguing that a spontaneous selfie should be as good as a one-time password and better than current facial recognition facilities. But there is a flip side too. There are a number of ways businesses, government agencies and even churches are employing facial recognition technology. Despite privacy concerns, it’s hard to argue against the good things that the tech can be used for. We all know what a hassle online payments can be -- creating an account, adding your shipping and billing addresses, putting in your credit card. Not to mention how nervewracking it can often be to give up such personal information to a website. Ecommerce giant Alibaba wants to change that. Alibaba and its affiliate payment service AliPay aim to use facial recognition software for online payments. With this new technology, you would simply scan your face with your smartphone camera to place your order. MasterCard has also has plans to launch a similar facial recognition payment method called “Selfie Pay.” Biometric authentication makes fraudulent impersonation extremely difficult in comparison with other methods of authentication, and eliminates the need to carry ID cards or other forms of physical ID. In the payment field, for example, there are high hopes for the development of new biometric technologies that will enable a diverse range of users to experience highly advanced services and payment methods.

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The facial recognition has the unique characteristic of not requiring the installation of dedicated authentication devices, and offering enhanced security and peace of mind due to the fact that registered facial data is stored in the form of numerical values (making it difficult or impossible for a third party to identify the faces of registered users even in the event that they are able to obtain the data).

What is SelfiePay and who are they?

SelfiePay is a mobile payment wallet where facial recognition is used for payment verification. Their team is made up of creatively innovate individuals that are passionate about providing a secure mobile payment experience. They provide a new experience for retailers, banks, buyers and sellers that aid in fraud prevention and reduction of account compromises amongst daily transacts. Their goal is to create the ultimate payment experience for our users, making more secure payment connections in some of the most complex operational environments. Their target demographics are millennials who are cool, love technology and innovation and for others that follow are welcome to join the club. They thrive to make daily transactions an unforgettable less than 5 second experience.

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Sharron Battle, the Chairman and Chief Executive Officer, founded DerbyWire in 2012 in San Francisco California while participating in an accelerator supported by Andreessen Horowitz and Google Ventures. The initial idea was motivated by the need for users to participate in a social community that would provide a means for real-time monetization of intellectual property by content owners.

Payments Done Better

SelfiePay is a Payment Wallet that provides more secure payments with just your selfie! Since the update is free and easy and the app is also free, what better way to make payments! Pickup Pay before you arrive and view realtime travel to a destination between the buyer and seller. Pay Users can select items and pay immediately, and retailers can transact with their customers. Transfer Make B2P money refunds with others within a mobile social payment wallet. Real-Time Payments A payment transactions is now made fast and easy. Transact in a more secure way in less than 5 seconds.

Facial Recognition Technology It’s more secure with a 95% photo matching accuracy for payment verification. Go to retailers with just your photo to pay. Retailers A new innovative way to pay for retailers and customers using facial recognition technology. Just simply take a selfie to pay.

Take a Selfie to Pay

SelfiePay is a clean beautiful application available for the iOS and the Android machines, and it is fully equipped with an awesomely fun payment experience. Create your profile and go! SelfiePayFeautres: Biometric Payment Intelligence Transact in less than 5 seconds with our secure payment facial recognition API. Location Payment Manage an efficient operation using our geolocation payment API to pay and pickup. Mobile Wallet Marketplace Retailers can white label our social payment application and use it to create a new secure payment experience for their customers.

SelfiePay Products

Facial Recognition Payment API allows you to secure payment connections with Selfies. Connect with your consumers in an all new and easy way.Develop and enhance any application with advanced face recognition capabilities. Geolocation API facilitated you to pay before you go! Retailers can accept payments before the consumer arrives. Create efficiency in the way people pay while on the go. Social Marketplace API induces controlled social payments for all! White label our entire marketplace to meet your needs. Create holistic security around payments.

SelfiePay, Inc. is the real SelfiePay

Just as most start-ups they work underground without any site of people knowing they exist, but look at what we discovered. SelfiePay has an applied for trademark for the actual name “SelfiePay”. SelfiePay is an Atlanta, GA based start-up that participated in an accelerator program back in 2012 supported by Andreessen Horowitz and Google Venture Startups in San Francisco, CA that did a pivot and is now conducting a private beta with some local Atlanta based companies

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with their mix of facial recognition (not to mention one other form of biometric capture that will be unveiled soon) mobile payment wallet called SelfiePay. SelfiePay is expanding its offices in Washington, DC and Los Angeles, CA by the end of this year. They did a private introduction to a small entrepreneurial/college student group back in the fall of last year September 2014 that was well received.

How do they differ?

How they differ is that they provide the end-to-end experience for customers and retailers. Providing a seamless, efficient and what they believe to be a more secure payment experience for customers and merchants. Their application allow users to sign in with just a photo, in turn allowing users to also walk into a retailer with nothing but themselves to enter into their SelfiePay account.

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Moreover, their activity feature that provides a dashboard view of users approaching their location in realtime using geo location mapping, providing a continuous view of a lapse in time which acts as a great need for logistical companies and the like for tracking. There are three types of payments users can make, a prepaid pick-up where you can pay for something before you get to the destination, a Point of Sale (POS) payment and a refund transfer. Feedback about the product so far has been that testers believe that the product is very innovative, fun and they can see the security aspect over other wallets. The reaction from users with regard to the registration process has been interesting, they would love to be able to take more selfies as they find the registration process is very engaging.

Lotto lotto- The Best Android Lottery Application

November / December 2016 | FranTechnovation

obile devices are gradually replacing desktop and laptop computers, and a growing number of apps are developed exclusively for these gadgets. Mobile lottery applications make no exception and some of the latest releases are addressing those issues that lottery players were particularly concerned with. There are several benefits for using these applications on a daily basis and with some excellent ones being offered by the developers for free, there are no reasons to hold back.

Stay up to date with all lottery results Long gone are the days when people spent long hours in front of the computer each week watching the lottery draws live, to make sure they are the first to see the winning numbers. Checking them against those on the lottery slip by reading the next day newspapers is not an alternative that many players fancy either. Mobile lottery applications address the need of checking lottery results immediately after the draw takes place, while being as convenient as they get. One of the features that mobile lottery application owners live a lot is to check recent numbers against those extracted a long time ago. Whether they are interested in playing the Powerball, Euro Millions, Mega Millions or any other popular Lotto game, the users will have the results at their fingertips. Past results have no

impact on future draws, but those who beg to differ will appreciate the fact that these apps present them with the results breakdown for every lottery. Those who are even remotely interested in hot and cold numbers will be thrilled with the manner in which the software simplifies the mission.

Mobile lottery application learning tools While some users will limit themselves to comparing the archive results and then manually select the numbers they intend to play, others use the apps for much more. With some of the software having their own random number generator incorporated, they serve the same purpose as the Lucky Dip. Those who havenâ&#x20AC;&#x2122;t developed a lottery number loyalty, will greatly decrease the time spent filling up tickets especially if they choose to play online lotteries. It is just as easy to find out if you won, because the mobile lottery application also compares your numbers against the winning ones. Last but not least, these applications serve an educational role as they keep players up to date with the latest global lottery news. One can find out in a matter of seconds which are the biggest jackpots out there, what lotteries have the best odds and which the prize breakdowns are. Furthermore, the apps provide users with a continuous flow of free lottery jackpot and results alerts, to mitigate the risk of missing out on rare opportunities to win. November / December 2016 | FranTechnovation 81

Lotto Lotto App- The Best Android Lottery Application

Lotto Lotto is a one of a kind app in which the only goal is to help the user win big. Eliminate the unnecessary suspense. Scan your ticket into the app and allowing Lotto Lotto to monitor your numbers and compare them against the winning numbers. Unlike other lottery ticket scanning apps, Lotto Lotto supports lotteries in all states as well as the District of Columbia. Scan past or present tickets to ensure that none of your winnings go uncollected. The odds will be in your favour if you use this app! Using cutting-edge OCR technology, Lotto Lotto is able to easily recognize and store as many tickets as you want to store. Simply take a picture of your lottery ticket and allow Lotto Lotto to do the rest. Lotto Lotto will track winning numbers in real time and update you when you win it all!

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Unique to Lotto Lotto is the ability to create and participate in Lottery pools. Join forces with family, friends, or anyone else in an attempt to better your chances of winning. Add members to your pool, upload as many tickets as you wish, and watch as Lotto Lotto effortlessly manages the tickets in your pool. After you find out the great news that your ticket is a winner, Lotto Lotto will guide you towards the nearest place to collect your winnings.

Features of Lotto Lotto • Scan and store your lottery tickets from any state • Effortlessly check winning lottery numbers • Create and participate in Lottery pools • Find a convenient location to collect your winnings • Track results of previous lotteries With the Lotto Lotto App, enjoy the fun of winning and learning together in a beautiful package delivered to the click of your fingers!

LCE Newport Beach,Inc.

LCE Black Box Technology- For the Veterans of the Country! 84

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he world has seen multiple air crashes and the worst of it all has been the attack we will never forget. The loss of the lives has been uncountable and unaccounted for, hence the need to bring innovation and improvements in the already existing technologies governing the movement and patterns in aviation industry and satellites. A flight recorder, commonly known as a black box, although it is now orangecoloured, is an electronic recording device placed in an aircraft for the purpose of facilitating the investigation of aviation accidents and incidents. The flight data recorder (FDR) is a device that preserves the recent history of the flight through the recording of dozens of parameters collected several times per second. The cockpit voice recorder (CVR) preserves the recent history of the sounds in the cockpit including the conversation of the pilots. The two

recorders give an accurate testimony, narrating the aircraft’s flight history, to assist in any later investigation. In science, computing, and engineering, a black box is a device, system or object which can be viewed in terms of its inputs and outputs (or transfer characteristics), without any knowledge of its internal workings. Its implementation is “opaque” (black). Almost anything might be referred to as a black box: a transistor, an algorithm, or the human brain. To analyse something, as an open system, with a typical “black box approach”, only the behaviour of the stimulus/response will be accounted for, to infer the (unknown) box. The usual representation of this black box system is a data flow diagram cantered in the box. The opposite of a black box is a system where the inner components or logic are available for inspection, which is most commonly referred to

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as a white box (sometimes also known as a “clear box” or a “glass box”).

About LCE Newport Beach Inc. LCE Newport Beach, IT Inc., was formed in Feb. 2011, incorporated in California. The company continued work started by LCE DBA in the area of advanced telecommunications. The tragic events of September 11,2001 resulted in hundreds of avoidable losses especially amongst emergency first responders (firefighters and the police) due to the lack of communications. It became apparent that a unified audio/video communication system is badly needed to connect emergency first responders and situation headquarters (war room) on unified secure network. LCE intensified research and development and finally created Global Communication Device (GCD). The device can be deployed via WIFI and the Satellite. GCD provides high quality video streaming and video conferencing capabilities and it can be 86

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used anywhere around the world and in the hard to reach places. The GCD requires a min 256 KPS connection to the Internet and it is fast and secure. This system will change how the world operates, it will allow emergency responders to communicate on a unified secure network, it will make distant education, tele health and tele medical more accessible and affordable.

The History and the Story behind LCE LCE Newport Beach Inc., is involved in supporting the veterans who have served the country. The LCE Black Box technology is a Service Disabled Veteran Owned Small Business. Their base products are LCE Black Box and Satellite Equipment: GSA contract with Remote Satellite as Reseller.LCE Newport Beach I.T. Inc. CEO Dennis Matthews was born in Cleveland, Ohio, and lived in an orphanage.He was raised in Huntsville, Alabama, by his Grandmother Mattie Lee Allen. Dennis overcame hardships and has become a consistent overachiever.

Video technology has enabled Dennis to achieve goals. One of these goals is to bring people together all over the world using his technology.Dennis graduated with Honours in Electronic Engineering, and served five years in the Marines. Finally, his career took off when he created a way to set up computer networking and video conferencing. The different companies and agencies that he created this technology for are: the Pentagon, U.S. Army, EPA, Federal Aviation Administration, Langley U.S. Air Force Base and the Elmendorf Anchorage Alaska AFB.He has subcontracted for IBM, Citicorp, Unisys, and many other top Fortune 500 companies and government agencies. Dennis is also a board member of the NGO African Diaspora Foundation, United Nations Association,USAfrica Chamber of Commerce and the United States International Mission.Mr. Matthews founded his first company LCE as a DBA in 1987 while working at the Dow Jones/ Wall Street Company as an Earth Station technician for satellite communications. LCE Newport Beach IT Inc. was started in February 2011.

Humanitarian project In 2007 E.D.D.I. & G.S.A. awarded a contract to Total Services Solution(TSS), TSS subcontracted LCE Newport Beach to set up video teleconferencing for disabled women and children in West Africa. 6 centres in West Africa, 1 centre in East Africa and 1 Centre in South Africa were designed, build and successfully delivered to the host countries.

World Wide Approach and Events After Malaysia Airlines Flight 370 On March 12, 2014, in response to the missing Malaysia Airlines Flight 370, David Price re-introduced the SAFE Act in the US House of Representatives. The disappearance of Malaysia Airlines Flight 370 demonstrated the limits of the contemporary flight recorder technology, as physical possession of the flight recorder device is necessary to help investigate the cause of an aircraft incident. Considering the advances of modern communication technology commentators called for flight recorders to be supplemented or replaced by a system for â&#x20AC;&#x153;live streamingâ&#x20AC;? data from the aircraft to the ground. November / December 2016 | FranTechnovation 87

Furthermore commentators called for the battery life of the underwater locator beacons to be extended from 30 to 90 days, the range of the locator to be increased and additionally for the outfitting of civil aircraft with deployable flight recorders, which are commonly used in military aircraft. Previous to MH370 the extension of the battery life has been suggested as “rapidly as possible” by investigators of the Air France Flight 447 crash; the AF447 crash happened in 2009 but the flight recorders were not recovered until 2011. After Indonesia AirAsia Flight 8501 On December 28, 2014, Indonesia AirAsia Flight 8501, en-route from Surabaya, Indonesia, to Singapore, crashed in bad weather, killing all 155 passengers and seven crew on board. On January 12 and 13, 2015, following the recovery of the flight recorders, an

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anonymous ICAO representative said: “The time has come that deployable recorders are going to get a serious look.” Unlike military recorders, which jettison away from an aircraft, signalling their location to search and rescue bodies, recorders on commercial aircraft remain inside the fuselage. A second ICAO official said that public attention had “galvanized momentum in favour of eject able recorders on commercial aircraft”. Some Recent Events Two weeks after the crash of EgyptAir flight MS804 that killed all 66 people on board, investigators believe they have identified the “black boxes” which record the last moments of the aircraft and its flight crew. However, it could take several weeks longer to raise the voice and data recorders from the bed of the Mediterranean, depending on where they are located, according to one airline executive.

Housing Construction Technology Specialiazed

Miami World Ce Reima

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iami is a seaport city at the south-eastern corner of the U.S. state of Florida and its Atlantic coast.The Miami area was better known as “Biscayne Bay Country” in the early years of its growth. The few published accounts from that period describe the area as a wilderness that held much promise. The area was also characterized as “one of the finest building sites in Florida”. According to the historical recordings, after the Great Freeze of 1894, the crops of the Miami area were the only ones in Florida that survived. Julia Tuttle, a local landowner, convinced Henry Flagler, a railroad tycoon, to expand his Florida East Coast Railway to Miami. On July 28, 1896, Miami was officially incorporated as a city with a population of just over 300. Miami prospered during the 1920s, but weakened when the real-estate bubble burst in 1925, which was shortly followed by the 1926 Miami Hurricane and the Great Depression in the 1930s. In the 1980s and 1990s, various crises struck South Florida, among them the Arthur McDuffie beating and the subsequent riot, drug wars and Hurricane Andrew. Despite these, Miami remains a major international, financial, and cultural centre. The secure and economically vibrant future that Miami-Dade County is working to build will depend in part on the quality and comprehensiveness of local, state, and federal responses to climate change.

Miami Environment

Miami, located only two degrees above the Tropic of Cancer, is a subtropical city located on flatlands that were once home to pine and palmetto trees. Its coastal area consists of sandy beaches, and even the region’s interior is only thinly wooded. Lake Okeechobee, 145 kilometres (90 miles) north of the city, is linked to Miami by manmade canals. 92

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During the wet season, Greater Miami must contend with problems caused by tropical storms and hurricanes. Among the worst is sanitary sewer overflow, exacerbated by the city’s low terrain: its highest elevation is only 12 meters (40 feet) above sea level, and the groundwater table is only one to two meters (three to six feet) below the earth’s surface. When it rains, water is sucked through the sandy earth and further still into the cracks of some of the sanitary sewer pipes crisscrossing beneath Metropolitan Dade County. When unexpected water makes its way into these pipes, the system becomes overloaded. Downtown flooding in the late 1980s and early 1990s caused raw sewage to spill into the Miami River, prompting Metropolitan Dade County to sign consent decrees with the Environmental Protection Agency (EPA) that mandated comprehensive sanitary sewer system rehabilitation. The metropolitan area’s water and sewer department is in the midst of a $1.1 billion sewer upgrade project scheduled for completion by 2002. Pumping station capacities will be expanded; three wastewater treatment plants will be upgraded; and studies of utility operation will be conducted.

MiamiWorldcentre- The City Reimagined One of America’s most exciting cities is giving rise to a vibrant new centre. At nearly 30 acres, Miami Worldcenter achieves the heights of a world-class destination. It is within walking distance of over $3 billion in new public and private projects in mass transit, cultural institutions, recreational parks, and entertainment venues.

A dynamic urban core of diversity and excitement, Miami Worldcenter brings a new energy to Miami with a compelling blend of exceptional retail, hospitality, and residential offerings in one unique location- Miami!

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Miami Worldcentre- The Team

Miami Worldcenterâ&#x20AC;&#x2122;s master developer, Miami Worldcenter Associates, has brought together a unique team of best-in-class developers working together to create an unprecedented new neighborhood that is carefully planned and meticulously executed. Miami Worldcenter Associates Miami Worldcenter Associates, led by principals Art Falcone and Nitin Motwani, is a joint venture between the Falcone Group and Centurion Partners. South Florida-based Falcone Group is a privately held and vertically integrated real estate and land development organization specializing in all real estate product types. In 2011, Miami Worldcenter Associates partnered with CIM Group, a leading real estate and infrastructure investment firm that since 1994 has systematically and successfully invested in dynamic and densely populated communities throughout North America. Together, they are dedicated to the improvement and revitalization of presently underutilized urban landscapes.

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Miami Worldcentre, in the Heart of it All!

Miami is the gateway to the Americas and home to the largest port and air cargo terminals. Miami Worldcenter enjoys an ideal and readily accessible location between South Beach and the Central Business District. One of the largest urban developments in the United States, it is surrounded by the best art and culture Miami has to offer. Featuring a vibrant high-street retail experience on-site, Miami Worldcenter is poised to become a magnetic destination for visitors both near and far. Located at the doorstep of everything Miami has to offer, the ten-block site is situated immediately to the north of the Central Business District, extending between 2nd and Miami Avenues to 11th Street. Miami Worldcenter is in close proximity to the airport, port, railway, and roads.

Miami Worldcentre- An Inspired Urban Development Miami Worldcenter is one of the largest private master-planned projects in the United States, featuring a diversity of urban land use, including retail, hospitality, and residential space. Located in the core of downtown Miami, the ten-block,

mixed-use development is situated immediately north of the Central Business District and is surrounded by world-class amenities and boasts convenient access to transportation. RETAIL: Vibrant Retail Variety Miami Worldcenter has an unprecedented collection of retail offerings – including best-in-class retail, destination dining, and enticing entertainment – all in the most accessible site in the region. Inspired by the world’s great pedestrian streets, the retail at MWC builds on themes made classic by the 3rd Street Promenade in Santa Monica, the Place de l’Horloge in Avignon, and South Beach’s own Lincoln Road. The energy of the street life will be palpable, with Europeanstyle outdoor cafés, bars, restaurants, and boutique retail shops. HOSPITALITY: The Region’s Largest Convention Hotel Miami Worldcenter will also be home to the new Marriott Marquis World Convention Center Hotel, featuring approximately 1,800 rooms and 600,000 square feet of meeting, exhibition, and convention space. This modern tower will have resort amenities, including an expansive pool deck with views of the bay,

the American Airlines Arena, and the downtown skyline, as well as an 80,000-square-foot outdoor event deck. Miami Wolrdcentre provides • 1,800 hotel rooms • 600,000 sqft of convention space • 1,800- car garage RESEDENTIAL: Essential Urban Living The ideal place to live, Miami Worldcenter will offer a variety of options, including spacious luxury residences, boutique condominiums, and apartments. The Future of Miami Begins Here Investing in the Future of Miami today will not only ensure a booming future, but will boost the local economy many times over.Overall, the development and excitement that is brewing in Miami runs much deeper in providing a very bright and stable future for so many that will call this magic city home. People from all over the world are choosing Miami as the ultimate destination in which to live in terms of culture, industry, and entertainment. The city has been labelled as the Wall Street of the South for its business and commerce reach into Latin America, the Caribbean, South America, and beyond.

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Blockchain Geniuscity- A Place for a Smarter Tomorrow

now the Dominican Republic The Dominican Republic is a sovereign state occupying the eastern two-thirds of the island of Hispaniola, in the Greater Antilles archipelago in the Caribbean region.The Dominican Republic is the second-largest Caribbean nation by area (after Cuba) at 48,445 square kilometres (18,705 sq. mi.), and 3rd by population with 10.08 million people, of which approximately three million live in the metropolitan area of Santo Domingo, the capital city. The Dominican Republic has the ninthlargest economy in Latin America and is the largest economy in the Caribbean and Central American region.Though long known for agriculture and mining, the economy is now dominated by services. Over the last two decades, the Dominican Republic have been standing out as one of the fastestgrowing economies in the Americas with an average real GDP growth rate of 5.4% between 1992 and 2014.GDP growth in 2014 and 2015 reached 7.3 and 7.0%, respectively, the highest in the Western Hemisphere. In the first half of 2016 the Dominican economy grew 7.4% continuing its trend of rapid economic growth.

The Dominican Republic is the most visited destination in the Caribbean. The year-round golf courses are among the top attractions on the island. A geographically diverse nation, the Dominican Republic is home to both the Caribbean’s tallest mountain peak, Pico Duarte, as the Caribbean’s largest lake and point of lowest elevation, Lake Enriquillo. The island has an average temperature of 26 °C (78.8 °F) and great climatic and biological diversity. The country is also the site of the first cathedral, castle, monastery, and fortress built in all of the Americas, located in Santo Domingo’s Colonial Zone, an area declared as a World Heritage Site by UNESCO.

Punta Cana- The heaven by the Ocean Punta Cana is part of the Punta CanaBávaro-Veron-Macao municipal district, in the municipality of Higüey, in La Altagracia Province, the easternmost province of the Dominican Republic. The area has beaches and balnearios which face both the Caribbean Sea and the Atlantic Ocean, and it has been a popular tourist destination since the 1970s. European entrepreneurs, particularly Spanish hotel chains, own all but two of the over 50 megaresorts at the Punta Cana tourism destination.

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The province’s 100-kilometre (62 mi) coastline tends to be mildly windy. The ocean waters are mainly shallows, with several natural marine pools in which visitors can bathe without danger. From north to south, the main beaches are Uvero Alto, Macao, Arena Gorda, Bávaro, El Cortecito, Las Corales and Cabeza de Toro, all north of the cape; and Cabo Engaño, Punta Cana and Juanillo south of the cape. The area offers water attractions, such as racing speedboats, zip-lining, fourwheeling, catamaran sailing, party boats, deep sea sport fishing, discovery cruises, floating spas, private yachts, swimming with dolphins, snorkelling cruises, swimming with sharks and stingrays, whale watching, reef exploring and visiting small islands like Catalina and Saona. The capital city Santo Domingo, and Los Haitises National Park, Samaná, are nearby. The Basilica Catholic Monument, built in 1962 and designed by two French architects, is in nearby Higüey, the 500-year-old capital of the Province. The Punta Cana International Airport is one of the busiest and best connected airports in the Caribbean.

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Blockchain Geniuscity- a 100% Tax Free Trade Free Zone Community Project The U.S. Bancorp Land Trust Partnership Program is a strategic joint venture with GlobalClear Digital Investment Bank & Trust, and private equity investors (U.S. Bancorp Partners) to commit predetermined funds of $10,000,000 for PHASE 1 for the development of a specific, TRADE FREE ZONE PROJECT including its own Airport for private jets and CARGO CARRIERS called “BlockChainGeniusCity” located at “Angel’s Bay”, which is only 12 kilometres from Punta Cana, Dominican Republic. U.S. Bancorp and GlobalClear Bank have secured a beach front land parcel of 60,000 acres with a total value of over $6.8 Billion Dollars to develop this project, utilizing the company’s concrete construction technologies.

The Blockchain Geniuscity Location & Property

ANGEL’S BAY is located on the east side of the Dominican Republic, which

covers the Eastern side of the island of Hispaniola. It is the second largest island of the Caribbean Archipelago. ANGEL’S BAY occupies the Eastern half of the San Rafael del Yuma. ANGEL’S BAY is located 12 kilometres from the Punta Cana International Airport, less than 15 minutes by car. All properties are built at FACTORY COST PRICES approx. 30% to 40% lower than regular built homes. Your investment is safely secured by the below-market value of the properties we build plus the land value of over $6.8 Billion Dollars, which is given as collateral under the U.S. Bancorp Land Trust Partnership Program. The property is located in the Municipality of San Rafael del Yuma, Province of La Altagracia. Within the Cadastral District number eleven (11) Total actual land area is approximately 60,000 acres or 250 million square meters with approximately 5.8 kilometres of seafront. The project covers the Master parcel ten beach parcels. The City Hall of the Municipality of Higuey (182,000 Inhabitants) is located 20 kilometres from the property. Access by road is very easy following the existing road to Higuey.

The TAXFREE Sustainable Blockchain Geniuscity

A Sustainable BlockChainGeniusCity providing the highest quality of TAX FREE life with the lowest environmental footprint. • • • • • • • • • • • • • • • • •

100% Tax Free Residences Zero Corporate Tax for 30 Years 100% Renewable Energy Zero Waste Net Zero Carbon Fossil Fuel Free Zone Residential zones Commercial zones Health Centres IT Parks Recreational zones Tourism Hubs Renewable energy farms Vertical farm towers and agricultural zone Mass Transit Hubs Global Village Hospitality Zone

Why is Blockchain Unique?

The uniqueness of the BlockChainGeniusCity project at ANGEL’S BAY lies in part in its marvellous Bay Peninsulas and mangroves with their luxurious marina

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residences from condominiums to estates.Additionally, two magnificent ocean beaches will host attractive beach clubs, restaurants and four larger hotels with their luxury boutiques. • RenewableEnergy: The City will be powered with Renewable energy from solar & wind farms • BuildingDesign: Building design will ensure the latest use of energy efficient technologies and smart design • InnovativeTransportationSystem: The transportation in the city will be systems incorporating purely renewable energy and resources • Recycle WasteTo UsableEnergy: The city will strive towards a zero waste objective. Portable waste collectors to generate bio manure for maintaining the green scape in the city • CentralNerve Centre: A state of the art central nerve centre consisting of specialized individuals from various fields to monitor the city and the technology governing it The Masterplan for creating Blockchain Geniuscity The Blockchain Geniuscity Phase 1 has been designed in two different sectors: Residential & Commercial.

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Residential The residential plans are designed to build apartments blocks of 20 to 40 floors, with ample walkways & parks with waterbodies, bungalows with pool. The construction of the residential zone shall be carried out in phases ensuring that each zone gets easy access to white sandy beaches. Commercial The commercial plans are planned to spread across a 5 million sq. Ft of commercial space to be allocated to the project promoters for developments based on the master plan.Designated areas to be allocated to SEZ’s – 100 ACRES. IT park, STPI, BIO TECH PARK to be allocated a minimum area of 2 Million Sq.ft. A Central Business District of 50 acres to be allocated in the master plan. Dominican Republic Pavilion: a large mall showcasing the specialities of all the states of the country in collaboration with Government of D.R. to promote the countries culture and tourism. This will be located close to the marina and the five star hotel zone. Global Village Global Village is a large area reminiscent of a permanent world’s fair containing twenty pavilions, each themed and dedicated to represent a

specific country. The twenty pavilions surround the World Showcase Lagoon, a large man-made lake located in the centre of World Showcase In addition to this there will a dedicated Dominican Republic Pavilion showcasing various states and the culture, cuisine and arts that they offer. Each pavilion will contain themed architecture, landscapes, streetscapes, attractions, shops, and restaurants representing the respective countryâ&#x20AC;&#x2122;s culture and cuisine. In an effort tomaintain the authenticity of the represented countries, the pavilions are primarily staffed by citizens of the respective countries. Some pavilions also contain themed rides, shows, and live entertainment representative of the respective country.

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Metropolis Los AngelesThe New Capital of Luxury

the exclusive luxury of high standard living! The residential architecture has changed over the centuries, here is a timeline covering the list of design influences that helped shape the history of residential architecture.

he modern man claims to be modern on the basis of the evolutions that have happened over time. In one of the best book “One Hundred Years of Solitude” written in the modern times by the famous author Gabriel García Márquez covers a very interesting tale of a group of people who settle at one place and are oblivious of the evolutions and advancements of the world outside of their small village. However, they are introduced to these changing times again and again with new travellers visiting them, and how this changes the lives of the men living in that small village.

The American Colonial Housing Style

Though the world we live in today is no longer in solitude, and the technology and engineering has advanced over a long period of time making every available update to comfort accessible to every corner of the world.

The Modern Housing RevolutionThe Age of the High Rise

The History of Residential Architecture

The residential housing and design has evolved over centuries keeping into mind the beauty of the design, the need for comfort and today to

1600s to 1800s

1780s to 1860s Neoclassical Housing Style 1840s to 1900s Victorian Housing Style 1880s to 1930s Gilded Age Housing Style 1900s to 1960s Frank Lloyd Wright Styles 1930s to Present Modernist Houses

The housing developers today are betting big on residential skyscrapers andconstructing them at recordbreaking heights—with record price tags to match. The world has already witnessed this in the changing skyline of New York, London and Dallas- the Metropolis with the tallest new residences that stretch over as

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high as 90 stories, with at least one penthouse asking over $100 million. Historically, many of the world’s tallest buildings, like the Empire State Building and Chicago’s Willis Tower, were built to house offices, at a time when people weren’t accustomed to living in high rises, and later when many city dwellers were heading to the suburbs. The tall towers residential living has gained popularity in the past two decades with more and more real estate and housing construction businesses investing in the High Rise Living! Middle-class and upper-class residents began moving back into cities’ urban cores and developers looked for ways to maximize their returns on prime real estate that was growing increasingly scarce and costly.

Is High Rise Condo- The Dream for You?

When looking for a home, it is very important to be updated with the

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technology and engineering prevailing in the current locations, and also a clear understanding of the comfort you are looking for in these places. Thankfully, the time today is of utmost service to the customer and the changing trends have now culminated the need for design, construction and comfort to be brought to your doorsteps. Moreover, the high-rise specialists focus on that market and know about condos that aren’t listed in the MLS and what’s happening in all the buildings regarding new construction nearby, possible litigation, HOA health and more.

Los Angeles- Your perfect destination for the Dream High Rise Condo!

A number of successful and iconic skyscrapers dot the downtown Los Angeles skyline. The history of skyscrapers in Los Angeles began with the 1903 completion of the Braly Building, which is often regarded

as the first high-rise in the city; it rises 13 floors and 151 feet (46 m) in height. The building, originally constructed as a commercial structure, has since been renovated into a residential tower and is now known as the “Continental Building”. Despite its relative decentralization and comparatively new high-rises (until 1958, the city did not permit any structures taller than the 27-story City Hall building), Los Angeles has one of the largest skylines in the United States, and its development has continued in recent years.

Residence Clubhouses Tower I and Tower II Your own personal urban sanctuary. Located six floors up, Met Six is the Tower I residence clubhouse offering lushly landscaped ground including a resort-style pool, cabanas, dog park, all overlooking the city. Go for a walk in your Skypark. Met Nine will offer another level of urban amenities for the residents of Tower II. A 1.5 acre sky park and resort-style pool will serve as a social epicentre with similar amenities to Met Six.

The skyline has seen rapid growth due to improvements in seismic design standards, which has made certain building types highly earthquake-resistant. Many of the new skyscrapers contain a housing or hotel component.

Hotel & Dining Metropolis residents will enjoy access and amenities of their own personal 18 floor luxury boutique hotel. Residents can enjoy 4 star dining and guest accommodations in their own backyard.

Metropolis Los Angeles- The New Capital of Luxury Introducing Metropolis, an exclusive new collection of residential towers, sky pools and parks, dining, and boutique hotel in the heart of downtown Los Angeles. A city within a city built just for you. Luxury residences from the high $500,000’s to over $2 million. Here are the details of the Luxury Living offered by Metropolis Los Angeles!

Retail Pavilion Explore over 70,000 sq. ft. of indoor/ outdoor luxury retail. Residents can enter their private elevator and head down to the lobby to explore the Metropolis Retail Pavilion.

Tower I- Over 70% Sold- Now Selling Final Residences Panoramic views and iconic design in every direction. Tower I is a 38 floor condominium tower offering a collection of designer-appointed studios and 1 and 2 bedroom condominiums and penthouses with stunning floor-to-ceiling vistas of downtown Los Angeles. Tower II- Residences Now Selling Discover a new height in Metropolis living. Tower II is a 40 floor condominium tower that offers a similar collection of designerappointed studios and 1 and 2 bedroom condominiums.

Tower III- Future Residences Rise above it all. Tower III will rise up 56 floors and include some of downtown Los Angeles finest designer studios, 1 and 2 bedroom condominiums and penthouses. Residents will enjoy spacious floorplans, luxurious appointments and unparalleled views overlooking the city. Metropolis Los Angeles- An Award Winning Design Metropolis is more than 6.3 acres of residential, retail and hospitality property located in downtown Los Angeles. Just two blocks from Staples Center and L.A. Live, Metropolis will span two full city blocks, and connect the financial and entertainment districts, while adding to the L.A. skyline and the vibrancy of the downtown scene. Metropolis will provide guests and residents alike with expansive views of the city, November / December 2016 | FranTechnovation 109

mountains and coastline, and offer a new standard for urban living. Phase I is slated for completion in late 2016; Phase II is slated for 2018. Envisioned by, AIA Honor Award– winning and world–renowned firm, SPAN Architecture, the interior design at Metropolis maximizes light, air and space from every angle of each residence. Light grey ash wood cabinetry, brushed bronze recessed pulls, sleek Caesarstone countertops, and beautiful white oak floors are all set against the dynamic backdrop of stunning expansive views. Finding an Urban Sanctuary in Downtown Los Angeles Downtown Los Angeles (DTLA) has long promised to deliver true urban living for Angelenos. Amid the rapid pace of construction, influx of business and investment, downtown finally found its calling as L.A.’s true central urban hub, offering a shared, accessible space for the city’s diverse communities to thrive, together. Upon completion, Metropolis will be composed of three residential towers, an upscale hotel and a curated retail experience. Tower I, a 38-story residential tower, is scheduled for completion later this year. Metropolis is the cornerstone of urban lifestyle- it has the most walkable area, and right by the metro station for easy access to other hubs. When you’re off work, sports and entertainment are at your doorstep, with the Staples Center and L.A. Live. Beyond the vibrant lifestyleMetropolis also has the connective tissue that can bring the family closer together.

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FNZ Augung Podomoro Land- Changing the Indonesian Skyline! 112

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ndonesia, one of the most peaceful and scenic Southeast Asian country has been witnessing new reforms lately, all for the development of this country that has lived in the shadow and limelight of its neighbouring country Thailand for a long time! Indonesia’s remarkable growth story with its resilient economy has made the country one of the most preferred investment destinations in Southeast Asia. Blessed with abundant natural and energy resources, and a beneficial demographic profile, Indonesia has a strong positive outlook. Indonesia is home to about 240 million people, making it the fourth most populous country in the World. The G20 member country has the potential to grow its GDP to be the seventh largest by 2030, just behind the US, Japan, and the BRICs; having already overtaken Germany and the UK. As in most emerging economies, real estate in Indonesia is still in the early stage of the development cycle. Land prices have started to increase, but are still very moderate in regional comparison. The strong ongoing growth of household income indicates very promising prospects for the real estate market over the next decades. Big changes to Indonesia’s real estate investment trust (REIT) industry were highlighted in a raft of reforms announced in late October 2015, with the government taking the sword to a heavy-handed tax regime that has been delaying growth in this lucrative financial instrument.

AgungPodomoro Land (APLN) at a Glance

PT AgungPodomoro Land Tbk. (APLN) is a leading integrated diversified real estate owner, developer and manager in the retail, commercial, and residential real estate segments with diversified holdings.

They have an integrated property development model, from land acquisition and/or sourcing, to design and development, to project management, sales, commercial leasing and marketing, to the operation and management of our superblock developments, shopping malls, offices, hotels, and residential apartments and houses. The pioneer of the superblock development. Their high quality landmark projects, to name a few are Podomoro City, Kuningan City, and Senayan City. APLN combines a visionary approach to design with an emphasis on rapid execution and time to market. With our unique business model, we adopt fast churn concept with high capital turnover. Unlike other developers with massive land bank, we will only manage sizeable land bank to be directly developed mostly into mixed-use/ superblock in the city. Their “Back to the City” campaign has continued to provide consumers with an alternate way of living through our one-stop-living high quality Superblock developments, which offer the possibility for a balanced and pleasant urban lifestyle to thousands of consumers.

Agung- Vision, Mission & Values Vision To continue to grow as an integrated property developer, to optimize value for clients, business partners, shareholders and society.

Mission • To meet public needs in quality housing and commercial developments • To optimize return on investment from business partners and shareholders • To become a developer that can deliver more value to employees • To actively support Government programs in promoting urban development and improving the human development index November / December 2016 | FranTechnovation 113

Values Harmony: in working with clients, business partners, shareholders and society Passion and perseverance; optimizing our efforts Quality: maintained at every stage of development Environmentally conscious: putting care into the environmental aspects of every project

Agung Projects

Within 10 (ten) years, the AgungPodomoro has completed more than 50 property projects, with majority addressed to middle class segments of society, with projects ranging from low cost apartments to high end apartments in South Jakarta, high end and the neighbourhood mall, shop houses, hotels and office towers. With a motto to be part of future investors and buyers, and provide a harmonious lifestyle, AgungPodomoro Land believesto continuously growing rapidly in Indonesia, where local knowledge meets international standards. APLN is striving for more than a decade and has showcased their excellent skills at changing the face of Indonesia! Pluit City Standing on 160 hectares of artificial island, Pluit City will become a stunning modern city at the North Coast of Jakarta. The Pluit City will be located on an open water Jakarta Bay offering

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a waterfront living experience. This project will have various products namely landed houses, shop houses, condominiums, apartments, offices, commercials, retails, entertainment lifestyle centre and Central Park of around eight hectares in the middle of the island. Commercial and residential areas will be stand next to each other without compromising each other’s spaces. Many public facilities will be built to accommodate an enjoyable urban living. Schools nearby, office parks and buildings are also in reasonable distance. Podomoro City Deli Medan Another masterpiece of APLN, the prestigious superblock Podomoro City Deli Medan will be built on a 5.2 Ha of area featuring condominium, apartment, office tower, and a luxurious shopping mall. Podomoro City Deli Medan features a seamless integration between worklive-play in one prime location, poised to become a new lifestyle magnet. Boasting the best location and finest facilities, the first superblock in Medan will feature the integrated concept of One Stop Living, Working, and Shopping. It will also become a new icon of Medan—the grandest and most modern property project within a vast green area—that will transform the city’s skyline. Pullman Bandug City Centre Located in the center of Bandung city,

on JalanDiponegoro and JalanSurapati, AgungPodomoro Land (APLN) is developing a project called Pullman Bandung City Center. APLN will develop around 1.9 hectares of land into MICE (Meetings, Incentives, Conferences and Exhibitions) facilities including around 300 rooms of five star hotel, convention centre, ballroom, meeting rooms and retail area. Grand Taruma Grand Taruma is located in the industrial city of Karawang with abundant potentials. The project with an area of 48 hectares is built on a very strategic location on JalanTarumanegara which has direct toll road access to both Jakarta and Bandung direction. This complex offers an idyllic setting with irresistible appeal, blending natural charm with vibrant modern living in the industrial city of Karawang. Championing a green concept, Grand Taruma features superb facilities such as Water Park and thematic garden adorned with tropical experience. Grand Taruma is an exclusive green residential complex featuring beautiful lush gardens, tree-lined streets, and modern tropical architecture; a concept fitting for an industrial area. Green Permata A luxurious housing with modern tropical concept, elegant design which reflects modern lifestyle in the middle

of prestigious residential district of South Jakarta. Green Permata is an expansion from PermataMediterania housing which is very strategically located in South Jakarta, with land area of 127.128 m2, built area of 63.627 m2 dan with 328 units in total. Green Permata is a blend of two of the most extraordinary features from Singapore and Bali to create a whole new living concept. Singapore is known worldwide as a Garden City which is very discipline with order, tidiness, and cleanliness. Parahyangan Residence Parahyangan Residences is the first vertical housing that builds at elite area, North Bandung. Offers comfort and ease of living, Parahyangan Residences gives you chances to have Bandung tourism paradise as your own terrace for you and love ones. Located at the centre of Bandung, Parahyangan Residences have direct access to the shopping area: Cihampelas, Setiabudi and Dago, to CafĂŠ & Restaurant area: Dago Pakar and Lembang, Bandung and to many famous University in Bandung. Metro Park Residences Strategically located at PuriKedoya, West Jakarta, Metro Park Residence represents an exciting opportunity to live or invest in one of the cityâ&#x20AC;&#x2122;s most

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dynamic and prestigious precincts. With around two hectares of land, APLN plans to develop around 1,500 unit of apartments from one bedroom up to three bedroom. Offering easy access to the JORR, Inner City Ring Road, Jakarta - Tangerang Merak toll road (side by side with KebonJeruk and Puri toll gate) makes this exclusive residence easy to reach and easy to mobile. The Plaza Balikpapan Located in the centre of Balikpapan City on JalanJend. Sudirman, The Plaza Balikpapan is the first and largest shopping centres in the city. This complex offers easy access from various places, as it is located at the trisection of three major roads and surrounded by offices and other municipal facilities. Currently, in the area of more than 4 hectares, there are mall and trade centre with total net leasable area of around 40,000 square meter. Along with the development of the city, AgungPodomoro Land will expand the complex through additional 5 hectares reclamation in front of the complex. Podomoro Gold View Located in Cimanggis, Depok-Bogor, Podomoro Golf View (PGV) will be developed into an Integrated

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Residential Complex containing low cost high rise residential and shop houses. This complex will be supported by various facilities including educational facilities, mass transportation, health facilities and Leisure / Entertainment. PGV is also equipped by other various facilities including Commercial Area and Restaurant and CafĂŠ facilities for family gathering either in the Entry Gate or along the Cikeas River, Shuttle bus, Modern Market, Jogging Track and Playground children and families. Orchard Park Batam Orchard Park Batam is a cozy residential complex, which embodies a modern living concept in a green environment, replenish with exceptional facilities to help people live an inspired life. Within area of around 42 hectares, this complex is a newly-built residential complex with a One Stop Living Concept in the fast growing part of Batam, BatamCenter, and the islandâ&#x20AC;&#x2122;s administrative and commercial hub. The development comprises of dining and commercial area, club house, shop house, and housing clusters with modern tropical nuance featuring vast open spaces and lush green garden.

Terminal YapiThe SEZ for Future Terminal Structures 118

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pecial Economic Zones have become the word for the developing countries across the globe. Commonly known as SEZ, special economic zone (SEZ) is an area in which business and trade laws differ from the rest of the country. SEZs are located within a country’s national borders, and their aims include: increased trade, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically regard investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing in a zone they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries the zones have been criticized for being little more than Chinese labour camps, with workers denied fundamental labour rights.

What is an SEZ?

In layman terms, an SEZ is a geographical region that has economic laws that are more liberal than a country’s typical economic laws. An SEZ is a trade capacity development tool, with the goal to promote rapid economic growth by using tax and business incentives to attract foreign investment and technology. Today, there are approximately 3,000 SEZs operating in 120 countries, which account for over US$ 600 billion in exports and about 50 million jobs. By offering privileged terms, SEZs attract investment and foreign exchange, spur employment and boost the development of improved technologies and infrastructure.

SEZ’s offer relaxed tax and tariff policies which is different from the other economic areas in the country. Duty free import of raw materials for production is one example. Moreover the Free trade zones attract big players who want to setup business without any license hassles and the long process involved in it. Most of the allotment is done through a single window system and which is highly transparent system. The bottom-line therefore is increased export and FDI (Foreign Direct Investments) enabling increased Public-private partnership and ultimately resulting in a development of world class infrastructure, boost economic growth, exports and employment.

The Importance of SEZ

Capital Involvement The government gets the capital needed to establish the required infrastructure and also the expertise. The private player on the other hand gets the right to market and use the SEZ’s with relaxed tax laws, thereby increasing its revenue generating capacity and also carrying out the economic growth of the company in a more efficient way with the better tax policies. Actually SEZ’s with relaxed import tariffs help the Import dependent and export driven industries to flourish by helping them develop manufactured goods at competitive prices. Employment Opportunities SEZ’s create immense employment opportunities. The setting up of SEZ’s creates lot of indirect employment in terms of labour required. Then after the completion it enables employment in the relevant industries operating in the SEZ. Then there are lots of indirect employments generated wherein people start investing around SEZ. For example SEZ’s are townships of their own; thereby there are shopping malls, restaurants, amusement parks setup around to attract people, thus resulting in more economic development in that area. November / December 2016 | FranTechnovation 119

Improved Foreign Export SEZ’s improve the country’s foreign export. Because of the increased FDI and Private Equity presence, the local manufacturers get to tie up with these big names and export their products which now carry a better brand value, therefore helping in creating a greater demand for the goods of local manufacturers. Moreover the massive capital required for expansion is brought in form of FDI resulting in increased economic activity.

and hot aircraft), ports, breakwaters, docks, underwater pipes and terminal systems, tanker loading and unloading systems, air handling systems, airplane hangars, airplane hangars, aircraft fuel storage tanks, pumping stations, , All kinds of bombs, explosions and NBC (nuclear, biological and chemical) resistant buildings and warehouses, electromagnetically resistant buildings and control centres, pipelines, road construction, residential projects of various sizes.

Terminal YAPI – The Company Profile

At the same time TERMINALYAP the `s industrial plants across the finish projects, factories, large quantities of indoor venues, there are also large motor and machine assembly and installation of furnaces.

TERMINALYAP is especially specialized in many fields of the construction industry, including the military infrastructure works and industrial plants. Over 100 projects have been successfully completed on time and budget.

TERMINALYAP the `s located in airports scope of work (runways, taxiways, aircraft parking aprons, military and lighting systems in non-standard backup and uninterruptible power supplies, passenger terminal building, cargo terminal buildings, all necessary systems for heating, air conditioning and ventilation, fire-fighting and Tank filling systems, filling stations for cold

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TERMINALYAP is, it has already made a big investment in human resources and construction machinery and equipment. It has 60 staff in the centre and about 600 staff in ongoing projects. TERMINALYAP of all sources and from past experience, ISO 9001: 2000, ISO 14001 and OHSAS 18001 quality certification and proven with all major projects and is ready to assume that you have a valuable partner.

The Vision

Our vision- In our rapidly changing world the latest scientific developments, adding that based on the experience of many years, is found to be compatible with the environment and added value to projects that add and manage.

The Quality Policies & Targets

Quality Policy In the TERMINAL STRUCTURE, it is the basic principle that projects should be carried out in accordance with the contracts, legal arrangements and the employers’ wishes, and delivered within the time specified in the contracts. The most basic feature that differentiates TERMINAL STRUCTURE from other contractors is finding out the mistakes that an experienced / informed contractor can see in design and application, informing the employer about the necessary precautions before problems occur, and informing the employer about the cost for these measures. In order to continuously increase the effectiveness of the Quality Management System, measurable targets will be set and the progress will be monitored to determine the performance indicators of the processes that play a decisive role in the quality of the products and services offered to

the employers of TERMINAL YAPI. Targets of Terminal Structure In order to ensure the continuity of the success of the TERMINAL STRUCTURE: • To provide “continuous development and growth” by taking into consideration the quality targets and policies of TERMINAL YAPI and employer satisfaction and legal obligations • Directing the employer and customer requests and ensuring maximum suitability • Defining the communication channels with the employer and the customers and ensuring that this communication is installed without errors • To create a work environment where employees are pleased by keeping the development of their staff in the foreground • To accommodate the high number of qualified human resources required by the jobs • MP modern and D requires gun then valid method, technology, information and management systems • Analysing and developing the business processes and making improvement activities initiated by them become the natural behaviours of the employees

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Investment & Finance Technology

Markets & Financial Industry Global Summit

NEW YORK APRIL 24-25

The decision makers and the global investors, the niche and the rich, the think tanks and the think alike, the day churners and night burners, the money makers and the money takers, spend and invest, invest and spend; whatever be your personal cycle of money- there is one summit for you, which is like no other and that is the Markets & Financial Industry Global Summit! MFIGS is a 2 Days event that has more than 150 Institutional Investors participating and being held in New York during the first month of the second financial quarter in 2017. With 300+ General Partners and 150+ Asset Allocators the Markets & Financial Industry Global Summit is one of the biggest Financial Summit to await for and plan beforehand. A one on one meeting with the biggest Financial Heads of the Investment industry! With the announcements of new budgets across all the major economies of the world and an unprecedented Global Summit planned at the investment hot spot of the world, there are results and apprenticeships bound to be of the most lucrative future endeavours coming out of the Global Summit!

The MFIGS Globally Exclusive Experience

Markets & Financial Industry Global Summit Donates Portion of the Proceeds from MFIGS to the below Non-Profit Organizations. As the preeminent producer of events for the financial industry: – MFIGS utilizes an innovative format to deliver effective and transparent networking events that elevate the conference experience for participants. – World-class venues are selected that provide sophisticated surroundings,

first-class meals and accommodations, impeccable service, convenient meeting spaces, and seamless event execution. – The team is known for providing quick, solution-oriented responses to ensure that each attendee’s individual needs are met. – Through MFIGS Summits’ robust web portal, registrants are able to view the profiles of other guests; evaluate prospective meeting partners; schedule appointments; communicate one-on-one, and join discussion groups. – Attendees can arrange back-toback meetings with vetted, interested parties, keeping their time and efforts highly productive. Inclusive, singlesite social events provide additional opportunities for effective networking. Align Your Brand with Success Markets & financial industry global summit media coverage exceeded 500 million impressions. • • • • • •

Investors Funds Private Equity & VC Foreign Investors Corporates Government

What are the Benefits of the MFIGS? 1:1 Meetings Connect thought MConnect Web Application and set meetings with Investors and services provides.

Presentx Presentx is an inspire and inform storytelling platform where you connect with participants and share thought-provoking or just have a simple conversation in 3 Minutes. Public Relations MFIGS will send out Press Releases about your fund services to 300+ publications. You must provide the press release content. November / December 2016 | FranTechnovation 125

Introductions 1000 MFIGS will send you presentations directly to 1000+ Institutional Investors globally. We will pick a Manager daily for the next year market there fund directly.

The MFIGS Exposure and Targets

Building relationships that matter to drive long-term success Fund managers and qualified investors will have the opportunity to network and develop long-term, meaningful relationships needed to drive success and grow assets. Context Summits uses a diligent pre-screening process to identify quality managers across a broad spectrum of strategies that appeal to a large audience of institutional investors. At the same time, the Context Summit’s team vets each investor individually for suitability. Elevating the conference experience through distinctive, well-organized, and wellexecuted event MFIG Summit seamlessly delivers a superior format, structure, and service by paying close attention to the details, which leads to unmatched results. Distinctive resorts with world-class amenities, inclusive, single-site social events, and seamless service enhance the conference experience. Dedicated web portals are available to encourage participants to get a head start on leads, opportunities and relationship building and view the profiles of other guests, evaluate prospective meeting partners, schedule appointments, communicate individually, or join discussion groups. Superior format, structure, and service, which leads to unmatched results Investors can perform substantive due diligence during targeted one-on-one meetings with hedge fund managers. In addition, a robust technology platform provides transparency and 126

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maximizes attendees’ use of time before and during the event.

2 Days one on one Meetings Network with 600+ Financial Industry Delegates and Connect with the Right Manager

Networking Join a top-tier global network and sounding board for fund managers and investors to explore and collaborate on new business strategies and out of industry trends, check the latest thinking and determine new global alliances. The Delegates Institutional investors receive access to in global managers and markets, while at the same time providing a closed-door Summit where investors can network and learn from industry peers. Here is a list of some of the biggest Delegates attending this Global Summit for the success opportunities it holds for your businesses: Public Investors including Sovereign Funds and Pensions • CERN (Pension) • China Investment Corporation • ERAFP • Emirates Investment Authority • Future Funds • Hong Kong Retirement Schemes Associations • Frankfort Police Pension Fund • National University of Singapore • Russian Direct Investment Fund • Temasek Holdings Central Banks and Finance Ministries • Austrian National Bank • Bank of Finland • Banque de France • Czech National Bank • Deutsche Bundesbank • Monetary Authority of Singapore • U.S. Department of the Treasury

Foundations and Endowements • Hartford Healthcare • Stanford Management Company • University California Systems Asset Allocators • American Capital • Bank of America Merrill Lynch • Barclays • Citigroup • Chicago Title Insurance Company • Columbia Management • Deloitte • Deutsche Bank AG • Royal Bank of Canada • Royal Bank of Scotland • Royal London Asset Management

Participant Driven Agenda

At the Mfigs, participants drive the agenda. You decide and tailor-make your schedule. Set meetings on the M.Social Application attend several networking events.

The Community for the MFIGS

Markets & Financial Industry Global Summit has built a global community. With the help of The Presentx, MFIGS plans to cover the entire exhaustive event in the most successful stride and planning!

The Presentx

400 visionaries who collaborate across disciplines to create positive change around the world. 01. Presentx Fellow Presentx selects a group of rising stars to be Presentx Fellows. We choose Fellows based on remarkable achievement, their strength of character and on their innovative approach to connecting with the world. 02. Program Resources Once selected, Fellows receive transformational support. Fellows participate in professional coaching and mentoring and work with a public relations expert dedicated to sharing their latest projects with the world. 03. Presntx Experience Once a year, a group of interesting and impactful people gathers for the two-days Presentx experience — which attendees have described as “the ultimate brain spa“ and “a journey into the future in the company of those creating it. The Presentx Experience All Presentx experience will be live broadcasted on the web and all archives will be available for download.

All MFIGS’s participants are encouraged to step out of their comfort level and speak up and connect with the investment world through Presentx. What is Presentx? Presentx Showcasing important ideas from any financial discipline, and exploring how they all connect. The format is fast-paced, as well as morning and evening get-togethers. As they take in the program, attendees and speakers from vastly different fields can cross-fertilize and draw inspiration from unlikely places. The Presentx program provides transformational support to an international finance community of November / December 2016 | FranTechnovation 127

CIRCLEMoney Without Borders 130

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he world of moving money is changing. And faster is the theme. Domestic real time payment systems are showing up across the planet. Today’s discussion is full of bitcoin, open and permissioned blockchain approaches to speed asset exchange. But the competitive balance between proprietary and open systems is in flux. There has been a lot of interest lately in how Millennials are using mobile tech in everyday life. From dating, to ordering dinner, to booking travel, it’s the characteristic that sets us most apart from other generations. It’s no surprise that these habits are shaking up how we use money too. To get the bottom of just how different Millennials are compared to other generations, Circle did a national survey of more than 3,000 people asking questions about banking, payments and social norms. The results are in, and they show a marked shift in how Millennials use money compared to Gen Xers and Boomers, and how mobile is changing the game. Here are some of the findings: Banks and cash are out, apps are in: Generally speaking, Millennials don’t carry cash: 24 percent said they carry no cash at all, and 60 percent of those that do carry less than $20. Millennials rely on apps to manage their financial lives, including the social aspect of payments: About half of Millennials use mobile apps like Circle instead of cash or checks to settle debts or split expenses with friends. People of all generations have friends who owe them money, asking to get paid back is awkward: Over 60 percent across generations say asking to get paid make makes them feel awkward, anxious or uncomfortable.

Notably, about one in five Millennials say requesting payback with a mobile payment app makes the ask less awkward.

Circle- Money without Borders

Twenty years ago, the Internet made it possible to communicate and share information with people all around the world – instantly and for free. Today, Circle is building products that will enable the global exchange of value in much the same way. Frictionless, borderless transactions are on your horizon. They’re going to change the world, and they want you to join them on the journey! Circle is building the future of money. They believe we’ll soon live in a world where money can change hands instantly, securely, and at no cost – whether you’re paying a friend back for coffee in person or sending money to family on the other side of the planet. Hence they have planned their products spring from a focus on design and passion for delightful user experience. Their vision is global: They have customers in more than 100 countries. They also have tremendous backing to execute this vision, with $76 million from Goldman Sachs, IDG Capital Partners (China), Accel Partners, General Catalyst Partners, and Breyer Capital. Circle, the Boston-based internet bank started in 2013, launched its payments app earlier in April 2016, partnering with UK bank Barclays. You can add gifs or emojis to the payment, and the app processes both dollar and UK sterling amounts. It’s backed by $76 million of venture capital, which includes a $50 million investment from Goldman Sachs. November / December 2016 | FranTechnovation 131

money without borders Travel between US dollars, UK pounds and euros. Best rates. Zero fees.

iMESSAGE INTEGRATION Put your money where your text is. Without even opening the app.

free rein No fees to move money, and no limits on how much you send, receive or cash out each week.

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real live human beings Our customer service team is made up of actual people that you can call, chat or email for help.

lots o’ lols Up the value with eggplant emoji, llama GIFs, a baby ‘accidentally’ trying a lemon. You get the gist.

bodyguards for your cash Industry-leading security like touch ID, two-factor authentication and FDIC insurance.

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Circle for iMessage: Messaging Meets Open Global Social Payments Recently they announced the availability of Circle for iMessage, which enables anyone using iOS 10 to send and receive social and personal payments without fees to anyone in the world directly within Apple’s iMessage. Customers can send dollars, euro, pound sterling and bitcoin to anyone directly inside of iMessage, and can fund payments and cash out using almost any bank in the US, UK and, soon, Europe. When they started Circle, they had a vision that “money should work the way that the internet works” -instant, open, global, free, and fun. We can share messages, experiences and photos and videos with one another; we can communicate in realtime with anyone on the planet; we can publish our news and opinions through any form of content, all in an instant, open, global, free and delightful way. Why shouldn’t money work the same way? “Working the way that the internet works” isn’t just a technical phrase about protocols and networks. It means blending with the behaviors we prefer when we engage with one another as humans. On mobile devices, this means messaging. We connect to our friends, family, and colleagues by sending messages across our devices, within apps, and on social networks. The most recent era of mobile app design embraced messaging as mobile’s killer feature by building bespoke messaging features into a multitude of apps. But the new era of mobile app design flips that approach on its head: Many 134

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app experiences will be designed within a small number of familiar standard messaging platforms such as iMessage and Facebook Messenger.

How does Circle for iMessage work?

Any customer with iOS 10 can use Circle to send and receive payments directly within iMessage. Circle for iMessage will be available imminently, synchronous with the general availability of iOS 10 for iPhone customers. Customers who want to send money can use the built-in iMessage app store to grab the Circle for iMessage app (if you already have the Circle iOS app, it will appear automatically within your installed iMessage apps), create an account, and link a debit card and send payments using dollars, euros, pounds and bitcoin to any other iMessage or SMS/MMS customer in the world.

How do you know if your Circle is Secure?

Protecting your personal information and your money is our top priority at Circle. Circle’s founding team has a track record of innovation and building successful companies and public trust. All Circle employees have passed rigorous background checks, are required to use encrypted laptops among other IT protections, and as an organization we follow the principles of least privilege. Customer’s personal information (including address and phone number) and bank account information are stored in an encrypted format, using multiple layers of encryption, and are never decrypted in any archive or other data format. For a customer’s card information, we store the card number that is PCI DSS compliant. We encrypt all card information with a two levels of AES 128-bit symmetric encryption.

This is the main screen of the app and shows your balance, along with your message and payments history.

If a contact owes you money, you can select them from the request money screen and nudge them to pay you.

It a contact owes you money, you can select them from the request money screen and nudge them to pay you.

You can set the amount down to the pence.

Add a message and off you go.

Your payee can accept or deny the request. You can include a gif from Giphy to convince them to accept.

The money hits the other personâ&#x20AC;&#x2122;s account instantly, thanks to the blockchain system that underpins the payment app.

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The data is encrypted using keys that are themselves encrypted using other keys, with separate key storage mechanisms for each layer. Circle’s live systems are protected according to the best practices currently available to software and systems engineering, and Circle’s systems are periodically audited and tested by external security experts certified to provide such testing. The following are some of the things we do to keep your account safe. Account Policies All accounts come with the following standard features. • • • •

A robust password policy Two factor authentication requirements Session logout feature Strict reset password policies

Insurance Money in your Circle account is insured at no cost to you. We take every precaution to keep your money safe.

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FDIC Insurance When you add funds to your Circle account, we will place the funds into custodial accounts we maintain for the benefit of Circle users at one or more FDIC-insured banks. If one of the banks in which we have placed your funds fails, your funds should be insured by the FDIC up to the maximum per-depositor coverage limit (currently $250,000 in most instances). Circle is not a bank, and FDIC insurance does not protect you against the risk of our insolvency. Also, when you add funds to your Circle account, it will take us approximately one business day to place your funds into a custodial account. Your funds will not be insured by the FDIC until we deposit them into the account we maintain at the FDIC-insured bank.

Anfaal Capital- Your Banking an 138

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Solution for Shariah nd Finance November / December 2016 | FranTechnovation 139

hat is Shariah Finance? Shariah-compliant securities are securities (ordinary shares, warrants and transferable subscription rights) of a Bursa Malaysia-listed company, which have been classified as Shariah permissible for investment based on the company’s compliance with Shariah principles in terms of its primary business and investment activities.

The Shariah-compliant securities list was introduced in June 1997 by the Shariah Advisory Council (SAC) of the Securities Commission (SC). The list is updated twice a year, in May and November, by reviewing the companies’ annual financial reports, responses to a survey aimed at obtaining detailed company information and through specific inquiries made to the respective company’s management. In the process of determining the Shariah status of listed securities, the SAC developed several basic Shariah criteria as guidance. The criteria were based on the Quran and the Sunnah, as well as the general principles of Syara’.

Islamic Banking and Finance Islamic banking (Arabic: ‫ةيمالسإةيفرصم‬‎‎) is banking or banking activity that is consistent with the principles of sharia (Islamic

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law) and it is practical application through the development of Islamic economics. As such, a more correct term for Islamic banking is sharia compliant finance. Sharia prohibits acceptance of specific interest or fees for loans of money (known as riba, or usury), whether the payment is fixed or floating. Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also haraam (“sinful and prohibited”). Although these prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices, only in the late 20th century were a number of Islamic banks formed to apply these principles to private or semiprivate commercial institutions within the Muslim community. As of 2014, sharia compliant financial institutions represented approximately 1% of total world assets. By 2009, there were over 300 banks and 250 mutual funds around the world complying with Islamic principles and as of 2014 total assets of around $2 trillion were sharia-compliant. According to Ernst & Young, although Islamic banking still makes up only a fraction of the banking assets of Muslims, it has been growing faster

than banking assets as a whole, growing at an annual rate of 17.6% between 2009 and 2013, and is projected to grow by an average of 19.7% a year to 2018.

Anfaal Capital- Your Solution for Shariah Banking and Finance What is Anfaal? The meaning of “Anfaal” refers to a treasure or bounty. The proposition is that by choosing Anfaal Capital as a financial intermediary, one invokes the promise to receive the desired bounty of financial returns, both for the Client and Anfaal Capital, thus delivering the true meaning of a “win-win” outcome. Anfaal Capital is honored to share the inauguration of their mission to create innovative investment banking and real estate investment products as well as customized financial solutions that will deliver superior value to you. Their core business activities include dealing (as principal), managing, advising and arranging of securities, along with custodial services.

Anfaal Capital’s Strategic Share Holders

ICD The Islamic Cooperation for the Development of Private Sector (ICD) was established in 1999 with an authorized capital of USD 4.0 billion and a membership of 58 member countries. ICD is 47% owned by IDB, a multilateral development bank

which is consistently rated ‘AAA’ from international rating institutions: Fitch, S&P and Moody’s with assets of over USD 20 billion. Other shareholders are public financial institutions (9%) and member countries (44%). Maybank Investment Bank (“Maybank-IB”) Maybank IB is the investment banking arm of Malayan Banking Berhad (“Maybank”); Malaysia’s largest financial services group with total group consolidated assets of over US$170 billion. It is the no. 1 bank in Malaysia and largest Islamic bank by assets. It is rated to be the 13th strongest bank in the world by Bloomberg. Maybank’s share is 68% collectively owned by multiple Malaysian government linked investment and provident funds.

What does Anfaal Capital Do?

Anfaal Capital is mainly divided under two sectors of the Shariah Finance industry. Investment Banking Group (IBG) IBG primary objective is to deliver a range of high quality products and innovative financial services such as: advisory, arranging, raising capital and contributing competitive advantage and strategic growth to stakeholder. This covers the Investments Coverage (IC) and Corporate Finance (CF). The Investment Coverage (IC) expands its expertise to provide November / December 2016 | FranTechnovation 141

an outstanding value-added deals outreach to Sovereign Wealth Funds (“SWF”), family offices and Ultra High Net Worth Individuals (“UHNWI”). They also facilitate to execute high standard advisory services and transactions execution practices pertaining to Private Equity (“PE”) and Real Estate (“RE”) Funds, and related areas of corporate finance. The Corporate Finance Division is focused on providing innovative funding solutions for its stakeholders within the spheres of both Islamic equity and debt. The range of services include: advisory, merger & acquisition (M&A), Sukuk and international syndications. Asset Management (AM) Anfaal Capital’s AMG is a leading investment arm for institutions and individuals seeking Sharia compliant products on a global basis. They structure high quality investment solutions to create optimum opportunities for their clients to realize their investment goals. There are a full range of investment instruments within the real estate sector, which is the asset class serving as the cornerstone of their business. 142

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Their investment professionals have gained wide exposure to different real estate sectors; also with varying global jurisdiction expertise. Anfaal’s AM focus is to offer informed advice and execute world-class investment services and strategies, based on client needs.

Anfaal Capital- Committed to Excellent Solutions

Anfaal Capital is driven to provide the solutions under the Shariah Laws for Islamic banking and Investment. Their solutions are customised basis of the client requirements, however bridging over the three fundamental solution trees! Fund Management Managing securities belonging to another person in circumstances involving the exercise of discretion. Fund Custody Safeguarding assets belonging to another person which include securities, or arranging for another person to do so, and custody includes taking the necessary administrative measures. Advisory Advising a person on the merits of dealing in a security or exercising any rights to deal conferred by a security.

AcordIQEmpowering the Modern CIO 144

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he economy is global! There are no borders to the money being circulated across the world. People are sitting in a country of a different currency and earning from a country of different currency! One of the major challenges faced in such an expanding and everyday changing economical scenarios is the need for extensive, smart and steady asset management. Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group. It may apply to both tangible assets such as buildings and to intangible assets such as human capital, intellectual property, and goodwill and financial assets. Asset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively. The term is most commonly used in the financial world to describe people and companies that manage investments on behalf of others. These include, for example, investment managers that manage the assets of a pension fund.

Alternative views of asset management in the engineering environment are: the practice of managing assets to achieve the greatest return (particularly useful for productive assets such as plant and equipment), and the process of monitoring and maintaining facilities systems, with the objective of providing the best possible service to users (appropriate for public infrastructure assets).

Asset Management Plan An asset management plan (AMP) is a tactical plan for managing an organisationâ&#x20AC;&#x2122;s infrastructure and other assets to deliver an agreed standard of service. Typically, an asset management plan will cover more than a single asset, taking a system approach especially where a number of assets are co-dependent and are required to work together to deliver an agreed standard of service. The International Infrastructure Management Manual defines an asset management plan as; â&#x20AC;&#x153;a plan

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developed for the management of one or more infrastructure assets that combines multi-disciplinary management techniques (including technical & financial) over the life cycle of the asset in the most cost effective manner to provide a specific level of service.” The objectives of Asset Management Plans are twofold: • Justification - to give visibility of the costs and benefits associated with providing the agreed standard of service. • Optimisation - to minimize the wholelife cost, including the operation, maintenance and replacement or disposal of each asset in the system.

Acordiq- Systematic Fee Oversight and Verification - Your Expert, Independent Partner The asset management industry is undergoing a major shift, driven by investors who are demanding transparency and regulators who are requiring it. AcordIQ aspires to Empower the Modern CIO by bringing integrity to asset management, shining a light on transparency and shifting 146

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power into the hands of investors. As an independent services partner, AcordIQ delivers Systematic Fee Oversight and Verification for multiasset CIOs. They have partnered with the premier PE accounting experts in the industry, PEAI. Private Equity- Institutional Investors AcordIQ is dedicated to supporting the operations and technology needs of institutional investors, private equity (PE) asset owners, fund managers/ GPs and allocators. AcordIQ offers a comprehensive suite of outsourced PE fee and carried interest verification, portfolio tracking, valuations & analysis, and governance services. Their multi-pronged approach to cash flow capture results in a systematic process for accurate cash flow capture, carried interest and management fee verification, variance analysis, score carding and ongoing reporting. Their private equity services leverage the expertise of our partner PE Accounting Insights and its founder MariyaStefanova, the author of the best-selling book ‘Private Equity

Accounting’ – the first and only comprehensive book on private equity accounting in the world.

management to help you overcome your most complex challenges and prosper in this market.

Asset Manager- Systematic Insight across the Firm As an asset management executive one is accountable to their clients and board to operate to high performance standards while adhering to fund strategies, client guidelines and regulatory requirements.

Strategy The asset management industry is undergoing overwhelming and disruptive changes: slow global growth, with low interest rates and credit spreads; downward pressure on fees; savvier investors seeking alternatives and demanding transparency; increasing regulation; a misunderstanding of risk and a revolution in technology.

With AcordIQ, you can be sure you are doing exactly that. AcordIQ easily overlays your existing systems investment and aggregates and consolidates disparate sources of data and analytics in order to present it in a flexible, customizable CxO dashboard, displaying the most important metrics to your business across all separately managed portfolios. Not only is the data more accessible, but the business decision processes which rely on that data are themselves systemized in a predictive and intuitively-driven environment. Both quantitative and qualitative, structured and unstructured inputs combine seamlessly to support comprehensive oversight. Information you need is accessible without reliance on error-prone human processes or sifting through mountains of unnecessary data. Consulting Services Expert Strategic, Operational and Technology Consulting Services.

Their experts can help redefine your current business model and prepare for the future, working as an integrated unit to deliver practical strategies and efficient executions. Their capabilities include: • Back office • Middle office • Operating model alignment and design • Operational risk Operations AcordIQ consultants have years of experience in all aspects of asset management. With their expertise in process optimization they can design the optimal operating model for your firm. Utilizing their detailed approach to process design and improvement, they provide the clients with carefully thought scorecards, metrics and governace that provides your organization with not only insight into the depth of your business, but the steps needed to move it to the next level.

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Their capabilities include: • Alternative asset management scorecard, metrics, target development, and measurement • Standards and governance establishment • Business architecture and future state environment design • Client and regulatory readiness and reporting • Risk Assessment

Consulting Service Technology

What differentiates AcordIQfrom other tech advisors is the depth and diversity of experience in hands-on design, development, implementation, and the seamless integration and deployment of innovative solutions within enterprise standards. They are experts in high volume, ultra-low latency computing, massive parallel processing, big data analysis and emerging technology. Their expertise encompasses both application development and infrastructure. Their capabilities include: • Optimizing and reinventing front to back technology architecture • Data warehouse and Big Data integration • Artificial intelligence and machine learning • Current technology assessment and benchmarking • AcordIQ platform implementation

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The AcordIQ Platform The state-of-the-art data architecture and open analytics system enables the seamless ingestion of data in real-time to provide instant analysis of both structured and unstructured data, from tera scale to peta-scale. The advanced data integration system can seamlessly integrate internal and external data feeds with its pluggable connectors, extensible data models and open standard protocol adaptors. Their leading edge on-the-wire pattern matching engine is a self-service and end-user programmable capability that provides real-time analysis and alerting on live trading and market events.

Dice Wallet- Your Ultimate Cryptocurrency Mobile Wallet 150

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ccording to the global dictionary definition, Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/ centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

What is Cryptocurrency?

Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto.

Within cryptocurrency systems the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: members of the general public using their computers to help validate and timestamp transactions adding them to the ledger in accordance with a particular timestamping scheme. The security of cryptocurrency ledgers is based on the assumption that the majority of miners are honestly trying to maintain the ledger, having financial incentive to do so. Most cryptocurrencies are designed to gradually decrease production of currency, placing an ultimate cap on the total amount of currency that will ever be in circulation, mimicking precious metals. Compared with ordinary currencies held by financial institutions or kept as cash on hand, cryptocurrencies are less susceptible to seizure by law enforcement. Existing cryptocurrencies are all pseudo-anonymous, though additions such as Zerocoin and its distributed laundry feature have been suggested, which would allow for true anonymity. What are Cryptocurrency Wallets or Digital Wallet? A cryptocurrency wallet is a secure digital wallet used to store, send, and receive digital currency like Bitcoin. Most coins have an official wallet or a few officially recommended third party wallets. In order to use any cryptocurrency you will need to use a cryptocurrency wallet. How Does a Cryptocurrency Wallet Work? Cryptocurrency itself is not actually “stored” in a wallet. Instead, a private key (secure digital code known only to you and your wallet) is stored that shows ownership of a public key (a public digital code connected to a certain amount of currency). So your wallet stores your private and public keys, allows you to send and receive coins, and also acts as a personal ledger of transactions.

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Are Cryptocurrency Wallets Secure? Cryptocurrency wallets are all built to be secure, but the exact security differs from wallet to wallet. Generally, like your user names and passwords, the security of your wallet comes from you using best practices. We suggest not keeping more currency than you need at one time in a single wallet that you use frequently, using google authenticator for extra layers of protection, encrypting your wallet, and using an official (or officially endorsed wallet). You can also use multi-signature transactions. It’s smart to back up your wallet and private keys and to encrypt them. At least one backup should be on a CD or thumb drive to ensure that you have a “hard copy” laying around. If you lose your wallet or your keys then you lose the currency connected to it! As a rule of thumb don’t keep more currency in your digital wallet then you would in your real one! You can learn more about securing digital wallets from www.bitcoin.org.

Types of Cryptocurrency Wallets A quick breakdown of the different types of cryptocurrency wallets is as below: Desktop Wallet The most common type of wallet. Typically an app that connects directly to a coin’s client. Mobile Wallet A wallet that is run from a smartphone app. Online Wallet An online wallet is literally a webbased wallet. You don’t download an app, but rather data is hosted on a real or virtual server. Some online wallets are hybrid wallets allowing encryption of private data before being sent to the online server. Hardware Wallet Dedicated hardware that is specifically built to hold cryptocurrency and keep it secure. This includes USB devices. These devices can go online to make transactions and get data and then can be taken offline for transportation and security. Paper Wallet You can actually print out a QR code for both a public and private key. This 152

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allows you to both spend and receive digital currency using a paper wallet. With this option, you can completely avoid storing digital data about your currency by using a paper wallet.

Dice Wallet- A Simple and Easy Digital Wallet

DICE Wallet is an all-in-one convenient and efficient wallet service for Bitcoins as well as other digital currencies and relies on industrial strength security standards. Supports digital currencies BTC, DOGE, LTC, XRP, START. DICE Wallet is a simple and easy digital wallet that makes your life easy! Go cashless in the economy of demonetisation!!

What are the Features of DICE Wallet?

Support Multiple Digital Assets DICE Wallet supports bitcoins and other altcoins, including LTC, DOGE, XRP, START, KDC, DDC, LGC, and FOC. All in One Digital Wallet Dice wallet is a comprehensive digital wallet that allows you to buy and sell digital assets instantly. It just makes the transaction as simple as sending an email! Secure Security is always their first priority! They provide 3-factor authentication, your login password,one time passcode and touch ID to keep your wallet safe. (The touch ID function will be available for the device using iOS8 or more updated versions.)

Why DICE Wallet?

Simple A simple and full featured menu that allows you to buy and sell bitcoins and other altcoins. Just a few clicks away to do a transaction. Fast The transaction only takes a few seconds. No matter how large the amount is, it will be sent to the receivers instantly. Accessible The dice wallet is accessible worldwide! By scanning the digital assets key, you can control your transactions anytime, anywhere.

Medici FirmaThe way to Onward Pro 154

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osperity

he world has experienced major economic shifts from Greece declaring Bankruptcy to The Great Britain exiting the European Union and hence the incumbent fall of the value of UK Pound, and now one of the major thriving economies of the world- Indiatransiting through demonetization. When was the last time you roamed around with INR 300-400 in your pocket with nothing else to fall back upon? Most of us are going through such a situation now. Addressing unexpected financial situations should be part of everyoneâ&#x20AC;&#x2122;s financial plan but the question is how one deal with such a situation does? Here are some crucial aspects that one needs to incorporate in oneâ&#x20AC;&#x2122;s financial plan to tide over unforeseen circumstances. It has become of great value and utmost priority to have a healthy planning and risk management of the financial securities and deposits! Spend your money but also save it! Microfinance is a set of financial products including micro-savings, credit, remittances, pensions, etc, crafted for the poor and serviced with affordable costs. As per the Bharat Microfinance Report 2016, microfinance institutions (MFIs) are now reaching 40 million clients with 70,000 crore rupees of portfolios; additionally, 60 million clients are being reached by SHGs (self-help groups) for credit. This sector consumes about 46,000 crore rupees of MUDRA. The microfinance sector constitutes NBFCMFIs, societies, trusts, cooperatives and other entities.

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Medici Firma- The way to Onward Prosperity

Partnership & Structure

A transparent and extensible global intuitional investment platform!

The direct investment pipeline and structured employed by Medici Firma offers themthe ability to analyse the best investment opportunity for every situations.

In these times of cash despair, Medici Firma is your global private institutional investment company that governs itself with onward thinking and a mission to put allied prosperity first.

Medici Firma invests across the spectrum of private markets opportunities, leading or participating in investments as Growth, Buyout and Secondary stages. Medici Firma’s transparent and flexible investment platform allows co-investors to gain access to opportunities across the private equity spectrum.

Medici Firma has global multitudinous institutional partners and offices located throughout the world. This puts them in the best position to explore all types of companies and transactions.

Positioned to Assimilate Consociation • Leverage relationships and proprietary sourcing channels to originate quality flow of opportunities. • Global reach of experienced team with proven track-record and execution ability. • Proprietary capital invested paripassu with co-investors.

Purpose & Core Values

At Medici Group they are committed to improving the quality of life of the communities they serve. They do this by striving for leadership and global competitiveness in the business sectors in which they operate. Their practice of returning to society what they earn evokes trust among consumers, employees, shareholders and the community. They are committed to protecting this heritage of leadership with trust through the manner in which they conduct our business. Medici Firma Investments (MFI) is a direct investment allocator in Alternative Investments (funds of funds), Financial Services, Infrastructure, Real Assets and Private Equity Funds. Medici Firma follows strict diligence procedures and execution restrictions, reviewed quarterly by the board of directors. These parameters ensure a diligent decision making process while guiding their proprietary Direct Investment Piepline (DIP), a system that is operated across all team members across offices. 156

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Medici Firma has always been values-driven. These values continue to direct the growth and business of Medici Firma companies. The six core Medici Firma values underpinning the way they do business are: • • • • • •

Integrity Understanding Responsibility Excellence Unity Loyalty

Medici Firma Venture

As one of the most successful Global venture capital firms, they have been supporting exceptional founders in building market-leading internet companies for years. They seek entrepreneurs who share their passion for growth and innovation, and business ideas with the potential to transform important markets and build large and valuable companies. MF Venture Fund backs the shared future They believe the best for-profit investments are in businesses where the mission and revenue model are aligned. In other words, companies whose financial success inherently pushes the world forward will produce the greatest return on investment over the next decade and beyond. They are well-known leaders and operators in these sectors. Medici Firma has a hands on knowledge of your business and they can help you scale and build highly efficient commercialization engines to help your company grow faster on less dilution.

Onward Prosperity

Medici Firma is an institutional management company that governs itself with onward thinking and a mission to put allied prosperity first. A transparent and flexible investment

platform allows co-investors to gain access to opportunities across the private equity spectrum.

Medici Firma Central Bank Advisory

Central banks must evolve to keep pace with economic, technological and marketplace developments. Nowhere is this truer than in the worldâ&#x20AC;&#x2122;s high growth countries, which face a race against time to modernize as local economies expand rapidly. Central banks are crucial to a nationâ&#x20AC;&#x2122;s economic wellbeing, tasked with developing and implementing policy within its mandate, including monetary policy, currency and funds management. Many also regulate and supervise the commercial banking system and stand ready to act as a lender of last resort â&#x20AC;&#x201C; a scenario all too familiar during the latest global financial crisis. Although the range of responsibilities of central banks can differ widely between countries, all share a common goal of maintaining the highest possible standards, to preserve the stability of the economy and retain public trust. In high growth markets, central banks also face a race against time to modernize, in order to keep pace with the rapid expansion of their

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national economies and the increasing sophistication of their financial services sectors. Medici Firma’s Central Banking practice engages actively with the world’s central banks, helping formulate and implement strategies and improve performance.

• Quick, single-sign-on access to Medici Firma’s service partners, including custody and reporting services. • Central location to access to all research, products and services available on the Medici Firma platform

Medici Firma Financial Technology

Medici Firma Intelligence

If you could run your business with the absolute best advisor-focused, clientcentric technology available, you would. So they do. No legacy systems, clunky components or limited solutions are there. Like their whole business model, their technology is designed from the ground up to offer agility, flexibility and all the features an independent advisor needs to essentially plug and play from day one. Medici Firma works with the leading providers of integrated, webbased financial technology systems available—systems that are fast, reliable, scalable and secure. Through our custodian-agnostic platform RIAs are able to run businesses with greater efficiency and profitability, and access a wide range of outsourced portfolio management services and tools. These include • BlockChain Technology • Performance Reporting & Reconciliation • Billing • Trading Tools • Financial Planning • Medici Firma Proposal Generator • Contact Management/CRM • Medici Firma Client Portal The Medici Firma Network Portal (MNP) not only opens up just about every institutional channel available, but provides Medici Firma-only access toresearch on traditional, alternative and specialty niche products and services. That’s a serious edge which gives unprecedented depth and breadth 158

and letsRIAs stay on top of dynamic investment trends. MNP offers:

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In the 21st century business environment, leaders of global firms and institutions must make strategic decisions under increasing pressures. Political decisions are moving markets in profound ways and the balance of economic and demographic power is shifting to rapidly transforming markets which each have their own unique and evolving complexities. Medici Firma Intelligence analyses how political decision-making and events are drivers of market outcomes and determinants of business and operating environments, and advises business leaders and decision-makers on how to manage or benefit from these pressures. Their experts analyse and forecast domestic and international political developments and their implications in order to anticipate events before they become action-forcing. In this way, political analysis can provide a look around the corner to alert investors and corporations to upcoming risks, and opportunities. Some of the consulting and analysis services offered by Medici Firma Intelligence are listed below: • • • •

Geopolitical Counsel Stakeholder Analysis Assess & Monitor Scenario Planning

Charles Schwab- A Rela on your Terms 160

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ationship

new year means new resolutions, and for many people, that includes getting their financial house in order. That might mean getting professional financial help. Retirement planning, reviewing your investing strategy, and setting up an emergency fund can be a lot easier with a financial advisor. My firm studied millennials and their money and found that a large number aspire to start financial planning â&#x20AC;&#x201D; and many would like to have their serious investing handled by a professional advisor. The major financial consulting services availed by people are investment banking and financial services. Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds and some government-sponsored enterprises. An investment bank is typically a private company that provides various financial-related and other services to individuals, corporations, and governments such as raising financial capital by underwriting or acting as the clientâ&#x20AC;&#x2122;s agent in the issuance of securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives November / December 2016 | FranTechnovation 161

and equity securities, and FICC services (fixed income instruments, currencies, and commodities).

Charles Schwab- A Relationship on your Terms

Investment Overview Some believe you must choose between an online broker and a wealth management firm. At Schwab, you don’t need to compromise. Whether you invest on your own, with an advisor, or a little of both — they can support you. Work with Charles Schwab the way you want! They offer a wide range of investment options — not just their own.At Schwab, they’re committed to helping you find appropriate solutions for your personal situation, even if it means recommending another firm’s products. They also offer you Expert research that you can act on now. Avail insights from Schwab’s thought leaders. From long views to step-by-step guides, let our experts help you stay at the forefront of modern investing. They promise accountability- not just a commitment but a guarantee.

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Together, they will create a plan based on you and your unique goals. From managed portfolios and specialized strategies to private client services, you’ll get actionable advice and a clear explanation of the rationale. The Schwab Accountability Guarantee™- If for any reason you’re not satisfied with one of the participating investment advisory services, they will refund the fees for the prior quarter. Not only thatthey will also learn why you weren’t happy and work with you to make things right.

Charles Schwab Intelligent Range of Accounts and Products

There is a wide range of products and services offered by Charles Schwab that give an exhaustive consulting for investments and finance. Their services are divided under three sections: Accounts & Products which cover a major portion of investments, portfolio management, small business solutions and credit cards. Pricing & Services gives you a better understanding of the different aspects of pricing and a detailed code and conduct of the services and support.

Their third and most important branch in investment is the retirement & planning which ranges from saving basics to retirement consultation covering an exhaustive range of products and services. Some of these services are listed below: Banking Overview The Charles Schwab Bank is your one stop destination for all the multi facet business and personal banking solutions! The banking and lending services under their umbrella of services is divided into the following: Checking Account, Savings Account, and Pledged Asset Line. The checking accounts under the Charles Schwab banking services allows you to pay no ATM fees worldwide with our popular online checking account. There are no monthly service fees, you’ll earn interest on your balance, and your account is FDIC-insured.

Schwab Bank High Yield Investor Savings

Get a great interest rate and FDICinsured savings with the Schwab Bank High Yield Investor Savings® account. You get a variable annual percentage yield, with no account minimums and no monthly service fees.

Home Loans—Provided by Quicken Loans®

Purchase a Home Get more loan options—and competitive rates—for home loans, and a quick closing through Schwab Bank’s home loans program provided by Quicken Loans—the nation’s largest online mortgage lender2 with over 31 years of home loan experience. Refinance Your Mortgage Refinance your home loan to shorten the length of your loan, or to lower your interest rate and reduce your monthly payments.

The Charles Schwab Franchise- Your independent business. Their Unique Model

The Schwab Franchise Opportunity is unlike anything else in the industry. It is a model for entrepreneurial financial advisors who dream of creating something outstanding.

The Unique Business Model

When preparation meets opportunity, it isn’t luck It’s your talent combining forces with our expertise to create one of the most innovative business models in financial services. By becoming the face of Schwab in your community, you can nurture strong client relationships with the operational support, vast resources, and brand recognition of one of the most trusted names in the industry. Their independent franchisees bring the same brokerage products and services as our Schwab companymanaged branches to more communities throughout the country.

Your fit with Schwab

Independent Branch Leaders run a business that reflects their values The Schwab Franchise Opportunity is designed for passionate individuals with deep industry experience, strong community roots, and a firm desire to grow a business. Independent Branch Leaders run a business that reflects their values, and they have the ability to grow that business over time with the support of Schwab’s powerful reputation, robust platform, and investor-first philosophy.

Building your branch

Our team is by your side every step of the way As an Independent Branch Leader, you can focus on building the business while Schwab oversees the development of a turnkey retail branch for you. The process is driven November / December 2016 | FranTechnovation 163

by Schwab’s real estate team, which has nearly 40 years of experience in building a nationwide branch network. Leveraging your knowledge of the area, you’ll collaborate with our real estate professionals to secure the ideal location for your branch. Schwab will then manage the design and build-out of your space and implement the latest Schwab branding, systems, and technology. Our team is by your side every step of the way. You can relax knowing that you— and your branch—are positioned for success from day one.

Launching your Business

Growing the business doesn’t mean starting from square one. As an Independent Branch Leader, you can rely on Schwab to help you transfer your existing clients, as well as provide you with an initial set of current Schwab clients from which to generate immediate revenue and referrals. As you start out, our revenue—and expense—sharing structure offers enhanced incentives in the early years as you build the business. In addition, the local marketing match program also helps your marketing dollars go further, as your branch gains visibility and establishes your position as a trusted resource in the community.

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Your Schwab team

Control your career and build a business with our help The Schwab Franchise Opportunity is a chance for you not only to take more control over your career, but also to build a business. You can focus on running the franchise and serving clients, knowing that you can rely on a national network of dedicated Schwab technology, product, and service specialists. Schwab’s vast, dedicated support teams help you significantly scale your business. When it comes time to retire or exit the business you’ve built, your unique relationship with Schwab allows for third-party transferability, subject to Schwab approval. You have the opportunity to sell the business and monetize your success when you are ready to move on. Serving your clients For clients, access extends beyond your doors through our seamless, multi-channel support. From investment analysis to technology specialists, Schwab professionals ensure you have what you need. Along with high-touch service at your branch, clients have access to a range of support resources—including financial planning, fixed income investing, global investing, and tools for active traders. In addition, there is 24/7 phone support and service at all branch locations, plus anytime, anywhere access to Schwab’s mobile apps.

Phoenix Financial Services- For the Best Business Strategy 166

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inancial Services is a term used to refer to the services provided by the finance market. Financial Services is also the term used to describe organizations that deal with the management of money. Examples are the Banks, investment banks, insurance companies, credit card companies and stock brokerages.

These are the types of firms comprising the market, that provide a variety of money and investment related services. Financial services are the largest market resource within the world, in terms of earnings. Defining Financial Services can also be termed as, any service or product of a financial nature that is the area under discussion to, or is governed by a measure maintained by a Party or by a public body that exercises regulatory or supervisory authority delegated by law. Broadly speaking, companies that operate in the financial services industry are in the business of managing money. In the United States, this industry group accounted for 10% of business profits in 1947, but grew to 50% by 2010. Globally, the financial services industry leads the world in terms of earnings and equity market capitalization. In 2015, a number of large conglomerates dominated the landscape, offering a variety of financial services under one roof. Still, a diverse range of smaller companies and individuals make up this dynamic group.

Phoneix Financial Services

The belief that a satisfied customer is the best business strategy of all Phoenix Financial Services is a New York based Financial Services Consulting Firm that works with the top notch financial marketers in the industry to provide apt financial support and consulting services. Phoenix Financial Services is specializing in personalized investment services for individuals & institutions. Sky’s the Limit The company is dedicated to fostering longterm, trusting relationships by conducting business with complete integrity. Big Ideas The firm prides itself in offering unique strategies to help grow your

assets even in the most turbulent of economic times. Innovative Striving to establish an exceptional reputation, providing ideas with long-term investments that generate attractive returns.

Extensive Investment Experience

Despite ever-changing market conditions and numerous economic challenges, their experience makes it possible for the firm to provide well managed investment opportunities to investors, corporations, and high net worth individuals. Phoenix Financial Services is a full service financial services company located in the heart of the financial district in New York City. Phoenix Financial Services was formed to provide a high level of personalized service, which they feel has been lacking at the big “supermarket” financial firms. Their representatives are fully equipped to help you through the multitude of financial questions that you may come up with on a day to day basis. The firm is designed to be able to provide you with all of your financial services needs including: financial advice, retirement planning, and financial product analyses. They also do not have potential conflicts of interest with our clients that many larger financial institutions can have due to market making, proprietary products, and proprietary trading. To maintain their exceptionally personalized service while still providing a high level of trading execution, Phoenix Financial Services has chosen to be a fully-disclosed broker dealer. This means that all customer funds and securities are safely held with our clearing agent RBC Capital Markets, LLC. RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC has more than $800 billion in assets and one of the highest credit ratings of any financial institution - Moody’s Aa1 and Standard & Poor’s AA-. By market capitalization, RBC is among the top November / December 2016 | FranTechnovation 167

10 largest banks globally and the 4th largest in North America.

Financial Advice- Get Your Questions Answered

Sir Benjamin Franklin once stated “An investment in knowledge pays the best interest.” Believing in this theory Phoenix Financial Services aims at answering all your financial questions hence providing the most appropriate Financial Advice. The securities market is complex, and before you invest in it you will need to have some questions answered. What should you invest in, and when should you invest? What asset mix is best for your financial goals? What’s the difference between “allocation” and “diversification”? How much risk are you willing to take? These are tough questions that Phoenix Financial Services’ experienced financial professionals can help you answer. We realize that the markets are always filled with pockets of opportunities, but investors should recognize that these opportunities come and go. To navigate the markets intelligently, many sophisticated investors are looking for a different course. Some investors want strategies that go beyond conventional and unimaginative approaches. Phoenix Financial Services can help you navigate the markets, whether the markets may be rising or falling. They may suggest hedging to minimize risk, or we may suggest that you seek to capitalize on the market decline. They are creative and honest, and the qualified staff will devote its resources to bring you cutting edge ideas, actionable recommendations and personalized service.

Retirement- Annuities

Annuities can provide you with taxdeferred growth and no IRS imposed annual contribution limits on nonqualified contributions. They can also provide you with an income stream in retirement that you cannot outlive. Annuities can also provide other benefits such as: tax-deferred interest and safety of principal. Investors purchasing variable annuities should consider the investment objectives, risks, and charges and expenses of the investment company carefully before investing. Please consult the prospectus which contains this and 168

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other information about the investment company. Investors should always read the prospectus carefully before investing in any variable product.

Investment- Raising Capital

Broad Markets Phoenix Financial Services provides full-service capital raising capabilities, accessing capital through both the private and public markets. They recognize that every situation is unique, and take the extra time to assess the particular needs of each client company to determine the most effective strategy for raising capital. Phoenix Financial Services’ investment bankers devise appropriate structural and capital strategies based on the client’s strategic goals. Strong Relationships Working within the private market, Phoenix Financial Services fosters relationships with a wide range of lenders, including domestic and commercial banks, insurance companies, high-net worth individuals, finance companies, institutional investors and a number of specialized pools of capital. These funding sources place a great deal of trust in Phoenix Financial Services’ ability to identify promising business opportunities. Professional Assistance Assisting clients in all aspects of mergers and acquisitions. They are sensitive to the issues that surround business decisions, such as finding the “right” buyer or seller, price negotiation and ensuring ongoing satisfaction of commitments made to the company’s employees and community. Mergers and divestitures can provide liquidity to a company or its owners and can enable companies to focus talent and resources on the most profitable of its business activities. Optimal Results As a result of their extensive relationships in both the private and public financing arenas, and as a result of their experience with a broad range of industries, Phoenix Financial Services can develop an optimal financing structure to complement management objectives so that your company is better situated to seize present market opportunities.

C4EVER Systems- Solving the Banks Problems 170

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t is the times of digitalisation, demonetization, and replenishment of cash reserves. Everybody today is looking out for cash kiosks and ATMs, to get the necessary cash reserve for themselves. However the challenge is the country is huge, the population is large, and the cash deployment centres are very less in comparison to the former numbers! In this time of desperate need for cash and card systems to be executed and practised rigorously across the country, it is also required that the facilitation for these services be made extensively far reached. The lines are getting longer, the staff is getting shorter and the cash flow is getting stern. The country is facing a one of its kind financial situation with the biggest challenge of handling an unparalleled high number of transactions being facilitated with the human resource working at these financial services and banks.

Hence the need for Automated Cash Management Systems!

Automated cash management systems have become a necessity for many businesses. It saves time and reduces the chance of errors for cashiers who need to handle a large amount of cash every day. In addition to ensuring that your business survives the tough competition ahead, you will need to manage your cash well. Most businesses have a constant flow of

cash, which makes it all the more difficult to ensure its safety. Most retail businesses assign several people to manage the cash handling process. However, itâ&#x20AC;&#x2122;s difficult to ensure that they are providing accurate information when handling cash. This is where automated cash management systems can help such a business. These systems ensure accuracy, prevent loss and save time.

Five Benefits of Automated Cash Management System is Beneficial

Prevents Internal Theft One of the main reasons of cash shrinkage among many businesses is internal theft. Cash management technology such as coin acceptors and smart safes make it easy to identify cash loss on a real-time basis. Reduces Error Employees may make mistakes while handling cash, especially during the peak hours. There may be instances when cashiers may miscount the amount or pay an incorrect amount to the customers. Promotes Transparency in Cash Handling Automated cash management systems provide transparency in the cash handling system of businesses. The cash management systems provide every detail from the time a customer pays the cash till the time it is deposited into the safe. Improves Efficiency Closing out the cash drawer is

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a stressful work for cashiers. An automated cash management system improves the efficiency of the employees. The advanced system saves them from the hassles of counting cash and reconciling the cash drawers at the end of their shift thereby saving time and improving their efficiency. Improves ROI Cash management technology reduces the waiting time of customers. The cashiers donâ&#x20AC;&#x2122;t need to remove the cash drawers to count the amount of cash accumulated after the end of a shift.

C4EVER Systems- Cannabis Cash Containment Compliance

With C4EVER systems announces the first Bank- supported cash payment kiosk for your cannabis enterprise. Foolproof Cash Security The C4Ever kiosk functions as a trusted consumer order-taking device. By transmitting each order to a budtender, who fulfils the request in real time, C4Ever eliminates the potential for cash diversion while speeding transactions.

Cash Security

Streamlined cash management C4Ever kiosks eliminate major cashmanagement concerns by accurately counting every bill and determining its value, checking for counterfeit currency and returning exact change. C4Ever also provides real-time Web reporting. 172

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Full government compliance C4Everâ&#x20AC;&#x2122;s cash security measures provide mandated accountability. C4EverSystems guarantees to meet any future state or governmental guidelines for the distribution of medical or recreational cannabis. Enhanced consumer experiences The C4Ever consumer experiences increased efficiency by ordering from stand-alone tablets, POS stations with a budtender or the POS integrated kiosk, allowing multiple ordering points while accepting all cash payments at the kiosk through a high speed bill recycler that gives immediate and accurate change. The vision for the future C4EverSystems seeks to foster the legitimization and success of the cannabis industry. Because cash will play a major role in the industry, we are dedicated to solving present and future cash-management challenges with our core technology. As banking regulations ease, we will offer dynamic solutions for credit and debit card processing.

Cash Management

Handling cash poses a problem for business owners and employees even when no criminal intent exists. Human error can distort a transaction. Badly! Fatigue, limited math skills and carefully staged diversions by individuals or groups can lead to consumers paying less than the established retail price or receiving too much change.

Reconciling revenue at the end of each day also poses a problem. Ask four people to count $5,000. They’ll almost always arrive at conflicting totals and there may be less cash than before they counted it. C4Ever eliminates these cashmanagement concerns. Kiosks accurately: • Count every bill and determine its value • Check for counterfeit currency • Give exact change High-volume cash transactions pose potential threats. C4Ever responds with comprehensive control of cash from the moment a consumer makes a purchase. C4Ever kiosks can be deployed as standalone consumer order-taking devices or integrated with leading seed-to-sale software solutions. Every dollar is captured, secured and tracked.

a level of transparency unmatched in the industry and will adapt to new regulations as they are enacted. Systems are PCI, HIPAA and ADA compliant. C4Ever also enables dispensaries to meet government limitations on consumer purchases. Optional BioMetric technology deployed across a state can eliminate cross-store shopping and black-market diversion. The patented anonymous biometric reader captures a unique signature. It cannot be duplicated but has no relation to specific consumer identification information. It eliminates the need for a driver’s license or other personally identifying information. Consumer purchase history can be tracked and consumers rewarded without risking incrimination.

Government Compliance

Moreover, C4EverSystems guarantees to meet any future state or governmental guidelines for the distribution of medical or recreational cannabis.

With recreational and medical cannabis recognized in 20 states and D.C., government agencies demand safeguarding and properly accounting for tax revenue. C4Ever’s ability to count, counterfeit check and secure every consumer dollar provides mandated accountability.

Consumer Experience

The cannabis industry faces regulations and scrutiny unlike any industry before it.

In fact, the C4Ever cash management systems meets compliance needs with

Consumers enjoy a faster, more meaningful interaction. The C4Ever consumer experience increases appeal and competitiveness with a Streamlined Transaction Process. Orders can be placed at the kiosk, a budtender station or on an integrated order pad and the consumer simply accepts the order and pays. This streamlines the

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transaction process and allows staff to focus on consumer needs and not counting cash and making change. Integrated strain-effects database: The industry’s most advanced straineffects database empowers consumers to shop current inventory for the strain that best meets their needs. High-resolution touch screen The simple, color-coded user interface guides the consumer through the ordering process. When an order is placed by a staff member at a POS station, or entered by a consumer at the kiosk or integrated order pad, the consumer simply accepts the order at the kiosk and pays. Integrated camera Both buyers and sellers enjoy enhanced security with every transaction captured by an integrated highresolution camera. High-capacity cash recycler Consumers can use any bill from $1 to $100 and have them instantly accepted. The recycler distributes bills collected from previous orders and always gives correct change. Highvolume stores can add an additional cash recycler.

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ADA-compliant keyboard Because some consumers prefer to use a keyboard, one is provided for their convenience. Thermal receipt printer On order completion, a customized barcoded receipt is printed and supplied as proof of fulfillment of the transaction. The receipt contains the consumer’s anonymous unique ID number that can be used in place of the anonymous biometric reader if preferred (details below). Integrated credit/debit card/ driver’s license swipe PCI compliant credit/debit card and driver’s license swipe: Where available, consumers can conveniently make purchases with credit or debit cards. Patients can obtain purchase verification with the swipe of a driver’s license. Online ordering capability Depending on POS integration partner, consumers can order online and then pay in the store. Optional anonymous biometrics Patients can participate in rewards programs through simple, accurate and anonymous tracking of their purchase history.

Agriculture Food Water Technology

Discover the Benefits of Imploder Technology

echnology has seen a new day each day, with the onset of this millennium, where there have been no bounds to explore newer, better and more advanced & compact technology. All of this combined, giving the most optimum utilisation of resources and the desired outputs. Every field has emerged to commerce varied individual technologies combined with the focus to facilitate easy access to necessary resources. Magnetic water treatment (also known as antiscale magnetic treatment or AMT) is a controversial method of supposedly reducing the effects of hard water by passing it through a magnetic field, as a non-chemical alternative to water softening. This is an amazing concept that combines a non-conventional method of technology to derive the necessary and most sought after results- Hydration! The effect of magnetic field on water bears a complex and multifactorial character that in the final result affects the structure of water and hydrated ions as well as the physiochemical properties and behaviour of dissolved inorganic salts. Mineral scale formation in water distribution piping impedes flow, resulting in pressure and volume reduction and increasing operational costs. Chemical cleaning is both costly and time consuming and there are health concerns when chemically cleaning potable water systems. Alternatives to chemicals or ion exchange equipment (cation exchange units

operated in the sodium cycle are more commonly referred to as water softeners), that are used to prevent scale formation, have been developed. These alternatives purport to use electric or magnetic fields to change chemical or physical conditions in the water in such a way as to perform one or all of the following functions: prevent mineral scale build-up, remove existing scale, and inhibit corrosion, and control algae and bacteria.

What is a magnetic water treatment device?

Typically, these devices are permanent magnets or electromagnets that attach to waterlines entering homes and businesses to “purify” or “condition” water supplies. Manufacturers adopt a variety of commercial names for their products from the complex—”patented directional controlled magnet,” “Perm-core,” and “Magnetizer”—to the simple—”metal bar” or “plug-in treatment device.” Ideally, the devices purportedly use electromagnetic fields to change the molecular makeup of various water constituents like calcium and iron to other more “inert” forms. The claimed result is a reduction or elimination of water contaminants.

Discover the Benefits of Imploder Technology Super IMPLODER The world’s most powerful and most proven - magnetic water treatment for growth- Solubility / Hydration Breakthrough for Plants and People! The Science embedded in the technology

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utilizes implosion, golden mean ratio and a propriety magnetic array, uniquely arranged to create the most aligned, intense magnetic flux lines. The Super Imploder incorporates all of these features.

other. The extreme converging magnetic flux lines - create the centripetal inertia at the liquid molecular level - which creates the spin cycle of the wash machine sorting by mass, resulting in the increase molecular order and spin density.

SuperImploder is better than a water softener with solubility effect that is very healthy for plants and people.It also eliminates in pipe mineral build up without any upkeep costs like softeners.

The science of water is becoming more complex and surprising all the time. It is not just a single homogenous substance that we have thought it to be. For example, water (H2O) has many varieties depending on which of the three hydrogen isotopes are involved, the size of the loosely held molecular groups called “charge clusters”, the frequencies both subtle and gross that can be imprinted on and held by water, and the way water is structured, etc. Water is an absolutely key ingredient in producing Life as we know it. The Fractal Field Company has developed technology, called the Imploder, which treats water to both support and enhance the Life Quality in seeds and plants. It has two parts; a phase conjugating magnetic part and a centripetal implosive part.

Other water treatment technologies offered by Imploderfor both commercial and domestic use, includes Shower Nozzle and Triploder.

The Science of Imploder Tech

The “Imploder” water treatment device produces a measurable and validated effect on plant growth, seed germination success, and biomass yields. It is unique technology that combines a magnetic array with a directional nozzle. The Imploder device facilitates the bringing of required nutrients into plants by causing a de-clustering effect on water. The ‘absorption efficiency effect’ and ‘redox potential’ has produced independently validated measurements of approximately 328% plant growth increase along with biomass density. The Imploder is based on phase conjugate Hydrodynamics (liquid implosion) combined with Phase Conjugate Magnetics where the like or similar poles of the Magnets attract each 178

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What is Phase Conjugation? As modern physics is discovering, everything is composed of waves: matter, energy in all forms, all Life, you, me, everything. The Universe is awash in waves that for the most part interfere with each other in ways which diminish and cancel each other out. Phase Conjugation is a wave phenomenon whereby certain conditions, geometries and magnetic arrangements etc., cause waves to strengthen each other as they come together by adding and multiplying each other.

like magnetic poles can be made to attract each other creating implosive magnetic forces. This is unique to our Implosion device.

Magnetic Treatment of Water

In addition to the extensive research completed and underway with TheImploder technology, we present consistent international general research showing that in general Magnetic Water Treatment- for agriculture and for home use (even descaling and more)- is widely proven to be effective. In the fluid dynamics centripetal force refers to the suction process that causes fluids to move inwards and towards the centre in a spiralling whirling path. It can be called a vortex and affects the nature of water in profound ways. Centripetal force as applied to water causes implosion which has profound effects on the nature of water.

The Imploder Device

In general, implosion in a fractal field is the essential symmetry mechanism which creates gravity, colour, life, perception, and all centripetal self-organizing forces. Implosion creates self-organization and therefore “Life” in 3 fundamental ways 1. Phase conjugate optics is a very well understood field in physics. Creating order from chaos by fusion is well demonstrated and can be applied to other areas of scientific endeavour such as light, charge and magnetism. 2. Phase conjugation dielectric creates “bioactive life” from a “fractal field” effect. To understand the principle - simply visualize waves of charge approaching each other from opposite directions by imagining the symmetry of two pine cones - attached in to each other tip to tip.

The SuperImploder- at 3000 gaus per magnet - over the large surface area of 8 coherently directed magnets conjugating right into the water flow- is the world’s most powerful magnetic water treatment device.

The Imploder products

The Super Imploder The Imploder magnetic water treatment device produces a measurable and validated effect on plant growth, seed germination success, and biomass yields. It is unique technology that combines a magnetic array with a directional nozzle made from the very tough material called Fortron. Imploder Shower Nozzle Applying golden ratio to the physics of water, creating Life Affirming water. No plumber needed to replace your old shower. Simply unscrew your old shower-head, screw wall mount on and connect the hose. The Triploder The triploder takes the so often reported silky laminar feeling people get from the Imploder shower, and does it in triplicate. This vortex action creates the tendency to discard any molecules that are not part of the perfect geometry of pure water. Tests have shown that it reduces chlorine and other impurities.

3. In the centre, the plasma implodes causing a centripetal and self-organization of its environment.The third principle way of self-organization applies the lessons of Phase Conjugate Optics to magnetism. Through this understanding this principle, November / December 2016 | FranTechnovation 179

T4M AgritechA Leader in Stakeholder Farming 182

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he word agriculture is the English adaptation of Latin ‘agricultura’, from ager-”a field” and cultura”cultivation” in the strict sense of “tillage of the soil”. Thus, a literal reading of the word yields “tillage of a field / of fields”. Agriculture refers to the production of food and fiber and other goods through farming and forestry. Agriculture was a key development that led to the rise in civilization raising of domesticated animals. The study of agriculture is known as agricultural science. The related practice of gardening is studied in horticulture. Agriculture encompasses a wide variety of specialties. Cultivation of crops on arable land and the pastoral herding of livestock on rangeland remain at the foundation of agriculture. In the past century a distinction has been made between sustainable agriculture and intensive farming. Modern agronomy, plant breeding, pesticides and fertilizers, and technological improvements have sharply increased yields from cultivation. Selective breeding and modern practices in animal husbandry such as intensive pig farming (and similar practices applied to the chicken) have similarly increased the output of meat. The more exotic varieties of agriculture include aquaculture and tree farming.

Brief History of Agriculture

The history of agriculture records the domestication of plants and animals and the development and dissemination of techniques for raising them productively.

emmer and einkorn wheat, hulled barley, peas, lentils, bitter vetch, chick peas and flax were cultivated in the Levant. Rice was domesticated in China between 11,500 and 6,200 BC, followed by mung, soy and azuki beans.In the Middle Ages, both in the Islamic world and in Europe, agriculture was transformed with improved techniques and the diffusion of crop plants, including the introduction of sugar, rice, and cotton and fruit trees such as the orange to Europe by way of Al-Andalus. After 1492, the Columbian exchange brought New World crops such as maize, potatoes, sweet potatoes and manioc to Europe, and Old World crops such as wheat, barley, rice and turnips, and livestock including horses, cattle, sheep and goats to the Americas. Irrigation, crop rotation, and fertilizers were introduced soon after the Neolithic Revolution and developed much further in the past 200 years, starting with the British Agricultural Revolution.

T4M Holding Profile

T4M Holding (“T4M”), is a private and non-aligned company, focusing on the agriculture and alternative energy markets.T4M’s two core businesses are • T4M Agritech – primary cultivation of rice crops (500,000 hectares* under contract) • T4M Alt-Energy – biofuels production via non-edible feedstock (600,000 hectares under offer)

Agriculture began independently in different parts of the globe, and included a diverse range of taxa.At least 11 separate regions of the Old and New World were involved as independent centres of origin.

T4M’s businesses are focused on subSaharan Africa and Asia. Food and energy security have become strategic imperatives requiring long term market based solutions.Sustainable social venturing is at the core of T4M’s business model – aimed at building local ‘capacity’ to improve community welfare through economic participation.

Wild grains were collected and eaten from at least 20,000 BC. From around 9500 BC, the eight Neolithic founder crops,

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rice and associated seed technology and cultivation. T4M and its partners have strong credentials in agriculture, entrepreneurship and social venturing supported by an international advisory board.

A Global Food Crisis

There has been an increased demand for food commodities is being driven by economic growth, production of biofuels and expanding populations. Reduced supply of food commodities is due to a powerful combination of climate change, diminishing productivity gains, biofuels (food for fuel), and rapid global urbanisation. As a result, major food commodities (wheat, rice, food oils) have risen 75% since 2005 and global stockpiles have reached lowest levels in decadesâ&#x20AC;Ś.leading to a global food crisis. Social unrest and rioting is affecting over 35 countries â&#x20AC;Ś.so far. Many developing

countries have banned or restricted the export of rice (primary staple crop for 3 billion people). Circa 60% of household income in developing countries is allocated to food and current high food prices are reducing calorific intake. World leaders and the UN are devising short and long term policies to alleviate the current food crisis as the global inflationary impact kicks in. The demand drivers for food commodities are structural and require increased production on a sustained long-term basis. The current crisis is a wake-up call for governments to address both energy and food security.

A Rising Demand for Food Commodities

Economic Growth The first driver for a rising demand for Food Commodities is Economic Growth. Economic growth, especially in Asia, is fundamentally shifting consumers towards high-value protein diets â&#x20AC;&#x201C; which require substantial land resources for animal feedstock. Growth of emerging economies is causing a large switch from grain-based (lowvalue diets) diets to protein-based diets (high-value diets). Growth of the Biofuels Market Enhancing energy security through producing biofuels increases the competition (hence price levels) for global foodresources. Biofuel feedstock will predominantly switch to non-edible feedstock in the long

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run - reducing the inflationary impact on global food prices. However, energy and food prices are likely to be ‘coupled’ in short to mid-term. Policies aimed at reducing energy dependence by developed nations have led to large subsidies and incentives for biofuel production. The primary feedstock for biofuels today is food commodities (e.g. corn, palmoil, sugar, soya), which has contributed to the current record price levels. Population Growth and Urbanisation Although the rate of population growth has decreased, global population will increase by 36% by 2050 to 9 billion. Populationgrowth and urbanisation are straining global resources for food and fuel. Against this growth, climate change is expected to reduceagricultural GDP by 16% by 2020. Rapid urbanisation tends to switch diets towards greater intakes of protein (meat) and ready-meals, causing foodproduction to be used for animal feedstock – especially in Asia where protein intake was traditionally lower than developed nations. In effect, economic growth negatively impacts food commodityprices and adversely affects lower growth countries, who are largely net importers of food.

Saharan Africa. T4M Agritech is a vertically integrated agri-business (seeds,cultivation, production, processing and sale of crops). It targets 5 million tonnes pa of staple crops by 2013 in sub-Saharan Africa and annual sales of over $800m. T4M is focussed on the production of rice – a staple food for 3+ billion people. Subsidiary crops are grown to maximise cropland use and balance the eco-system. A compelling partnership model with local stakeholders to deliver impact through economic inclusion and sustainable development. A strategic partnership with the Vietnamese Government – the world’s top 3 producer. Leading expert in rice agronomy and scale farming methods. Contracted for over 500,000 hectares in West Africa under public-private partnerships (PPP) at attractive lowcost acreage prices. Additional 500,000 hectares are under negotiation.

Social Venturing

Land Acquisition • Compelling value proposition for community • 25 years leases. Target cropland with little environment variability • Over 500,000 hectares under contract by Q2/2008

T4M Agritech

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Clearing &Market Irrigation • Blended use of cleared and noncleared land • Strong initial focus on replacement cropland • Irrigation equipment imported / use of local water supplies (e.g. hydro-electric and rivers) Markets • Forward contracting into established dealer supplier networks • Food security pacts to ensure off-

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takes • High export orientation overcomes ‘domestic export’ price variability Cultivation &Harvesting • Prolific disease resistant seeds based on local soils & climate • Strong capability in mass scale farming • World class yields and productivity within 2 years

XEROBAC- Antimicrobial Solutions- Saving Lives & the Environment 188

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iotechnology is the use of living systems and organisms to develop or make products, or “any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use” (UN Convention on Biological Diversity, Art. 2). Depending on the tools and applications, it often overlaps with the (related) fields of bioengineering, biomedical engineering, bio-manufacturing, molecular engineering, etc.

Early History of Biotechnology

For thousands of years, humankind has used biotechnology in agriculture, food production, and medicine. The term is largely believed to have been coined in 1919 by Hungarian engineer KárolyEreky. In the late 20th and early 21st centuries, biotechnology has expanded to include new and diverse sciences such as genomics, recombinant gene techniques, applied immunology, and development of pharmaceutical therapies and diagnostic tests.

Bio-based sustainable production of chemicals, energy, fuels and materials

Through the last century, human activity has depleted approximately half of the world’s reserves of fossil hydrocarbons.

These reserves, which took over 600 million years to accumulate, are nonrenewable and their extraction, refining and use contribute significantly to human emissions of greenhouse gases and the warming of our planet. In order to sustain human development going forward, a carbon-neutral alternative must be implemented. The key promising technology is biological synthesis; that is, bio-based production of chemicals, fuels and materials from plants that can be re-grown.

Sea-water based bio-processes Over 70% of the earth surface is covered by seawater, and it is the most abundant water source available on the planet. But we are yet to discover the full potential of it. For example with halliophic bacteria capable of growing in the seawater can be engineered to grow faster and produce useful products including chemicals, fuels and polymeric materials. Ocean agriculture is also a promising technology. It is based on the photosynthetic biomass from the oceans, like microalgae and microalgae.

Bio-tech improvements to soil and water

Arable land and fresh water are two of the most important, yet limited, resources on earth. Abuse and mis-appropriation have threatened these resources, as

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the demand on them has increased. Advances in biotechnology have already yielded technologies that can restore the vitality and viability of these resources. A new generation of technologies: bio-remediation, bio-regeneration and bio-augmentation are being developed, offering the potential to not only further restore these resources, but also augment their potential.

What is Antimicrobial and Antimicrobial Agents?

An antimicrobial is an agent that kills microorganisms or inhibits their growth. Antimicrobial medicines can be grouped according to the microorganisms they act primarily against. For example, antibiotics are used against bacteria and antifungals are used against fungi. They can also be classified according to their function. Agents that kill microbes are called microbicides, while those that merely inhibit their growth are called biostatic. The use of antimicrobial medicines to treat infection is known as antimicrobial chemotherapy, while the use of antimicrobial medicines to prevent infection is known as antimicrobial prophylaxis.

XEROBAC- Antimicrobial 190

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Solutions- Saving Lives & the Environment

XEROBAC is a new start-up and they have researched & developed a unique Epoxy & Polyurethane Sealant product line that is 100% Green, Xero Copper, Xero Silver Ion and Xero VOC’s – XEROBAC. By further synthesizing these products with their innovative water-based antimicrobial agents, XEROBAC has become the “stateof-the-art” in water-based bio-technology. The molecular bond ensures that these agents remain active and stable for the life of their products. XEROBAC Antimicrobial Agents are a combination of 12 distinct antimicrobials and anti-fungal, synthesized together to form a unique capability for destroying a wider spectrum of bacteria and fungi including C-Diff and MRSA staph (some of the hardest to kill at spore level). Their products surpass any other stand-alone antimicrobial solution. XEROBAC Antimicrobial Agents took years of research & development to perfect by synthesizing them into a water-based solution that bonds on a molecular level. Working intimately within the team, they have developed a high performance waterbased technology that is Xero-Voc, XeroCopper, Xero-Silver Ion and acclaim to be

years ahead of its time. Their commercial and medical grade antimicrobial products are the first of its kind.

XEROBAC MicrobProcess & Eliminates

The XEROBAC MicrobProcess deploys and maintains a high level of Infectious Disease Risk Management within the medical industry. The truly ground breaking advantage of their water-based technology. The XEROBAC eliminates most of the aerobicallyinfectious particles, most of them are listed below:

Bacteria

Enterococcus faecalis Klebsiella pneumoniae Salmonella species Escherichia coli Mycobacterium species Pseudomonas aeruginosa

Algae

Antimicrobial Products. XEROBAC MicrobArmor Antimicrobial Solid Base Epoxy with Xero VOC’s will seal any substrate that their water based polyurethane can overlay. MicrobArmor epoxy has many additional applications. Our solid base epoxy levels uneven surfaces. After the exterior is planate, it can be sealed by the MicrobShield clear coat polyurethane. Since their antimicrobial additive stays within their product, their epoxy is effective for submersibles. It helps prevent the growth of algae and

Pseudomonas aeruginosa Aerobacteraerogenes Saccharomyces cerevisiae Candida albicans Cyanophytaoscillatoria Chrysophyta species

The XEROBAC Product Line XEROBAC MicrobArmor XEROBAC MicrobArmor is a uniquely cutting edge water-based bio-technology products. This allows us to replace petroleum and solvent based products (i.e.: plastic, rubber, foam, sealants, cleaners, detergents, and hand wash) with 100% Green Water-Based

Fungi

Chlorophytaprotococcus Aspergillus niger Penicilliumfuniculosum Trichophyton interdigita Picornavirus Influenza H5N3, Yeasts

barnacles. In addition, their epoxy is chemical and acid resistant. Sealing the hull of a boat with XEROBAC products will help save huge dollars on preventive maintenance! XEROBAC MicrobShield XEROBAC MicrobShield Antimicrobial Polyurethane Sealants are high performance water-based, 100% Green products containing Xero-VOC, XeroCopper and Xero-Silver Ion. XEROBAC is a chemical innovator and the leader in green technology. Modelled after the human body’s intricate chemical reactions in water, XEROBAC MicrobShield high-performance polyurethane materials are completely water-based with Xero VOC’s (Volatile Organic Compounds). All of their sealants are chemical, acid, and fire resistant with Xero Copper. XEROBAC MicrobShield Antimicrobial Polyurethane products are utilized to eliminate microbial’s where they thrive; Hotels, Hospitals, Restaurants, Airports and other high traffic areas. XEROBAC MicrobDefense XEROBAC MicrobDefense Antimicrobial Agents are active water-based ingredients bonded into all their substrates at a November / December 2016 | FranTechnovation 191

molecular level providing extended durability and optimum longevity. Todayâ&#x20AC;&#x2122;s medical field is challenged by infections like MRSA and C Diff that can range from mild to life threatening. MicrobDefense detergents and cleaners with XEROBAC antimicrobial agents will reduce these strains of bacteria even at the spore level. MicrobDefense is hospital grade and creates a safer environment with cleaner bed sheets and surgical gowns. Washed XEROBAC products are extremely applicable to the Food, Hospitality, and Hotel Industry. Odours from linens and napkins can still be prominent and recognizable even after being professionally washed. Their products reduce the bacteria causing odours and items become unaromatic to those using it.

The Environmental Effect of XEROBAC

XEROBAC Antimicrobial Agents & Sealants are proven to eliminate 99.999% of MRSA (staph to the 5th degree) and C. Difficile at spore level as well as Ebola, E-Coli, Fungi, Algae, Salmonella and a host of

other harmful bacteria based organisms. XEROBAC technology inhibits the growth of microorganisms such as bacteria, mold and mildew and is built-in to our sealants during manufacturing.

To Replicate the Applications and Implications of this Technology Humans have been manipulating genetic material for centuries. Although many benefits are provided by these manipulations, there can also be unexpected, negative health and environmental outcomes. Environmental biotechnology, then, is all about the balance between the applications that provide for these and the implications of manipulating genetic material. The state-of-the-art technology solutions provided by XEROBAC helps address both the applications and implications. Environmental engineering addressing sewage treatment and biological principles are often now considered to be environmental biotechnology advancements. The general applications of biotechnologies and the implications of these technologies have potential impacts and can even be catastrophic if not used wisely.

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PIRARU- Promoting Sustainability Socially and Environmentally Responsible Aqua & Agribusiness Innovations 194

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reen is the new black. More and more companies are re-tooling their businesses to incorporate greener and more sustainable practices, both internally and in their corporate image. Companies ranging from nationwide franchise to boutique retailers are pouring resources into meeting this trend. It is no surprise that sustainable agriculture is gaining momentum! In simplest terms, sustainable agriculture is the production of food, fiber, or other plant or animal products using farming techniques that protect the environment, public health, human communities, and animal welfare. This form of agriculture enables us to produce healthful food without compromising future generationsâ&#x20AC;&#x2122; ability to do the same. Environmental Preservation Sustainable farms produce crops and raise animals without relying on toxic chemical pesticides, synthetic fertilizers, genetically

modified seeds, or practices that degrade soil, water, or other natural resources. Protection of Public Health Food production should never come at the expense of human health. Since sustainable crop farms avoid hazardous pesticides, theyâ&#x20AC;&#x2122;re able to grow fruits and vegetables that are safer for consumers, workers, and surrounding communities. Likewise, sustainable livestock farmers and ranchers raise animals without dangerous practices like use of nontherapeutic antibiotics or arsenicbased growth promoters. Sustaining Vibrant Communities A critical component of sustainable agriculture is its ability to remain economically viable, providing farmers, farmworkers, food processors, and others employed in the food system with a livable wage and safe, fair working conditions. Upholding Animal Welfare Sustainable farmers and ranchers treat animals with care and respect, implementing livestock husbandry

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practices that protect animals’ health and wellbeing. By raising livestock on pasture, these farmers enable their animals to move freely, engage in instinctive behaviors, consume a natural diet, and avoid the stress and illness associated with confinement.

Potential Gains with Sustainable Environmental Assets Added to other factors of high proportions and severities, caused mainly by accelerated expansion of areas used for extensive agricultural and livestock activities, the direct impacts on the native forestry reserves existing are raised still more, especially on the remaining native forestry areas located in the tropical zones of the planet, which are considered by scientists and environmentalists as being the truth lungs of terrestrial atmosphere. These unfavorable conditions, indeed put under imminent risks, and with unpredictable and irreversible consequences, not just the complex

local ecosystems with their biomes, and rich and sensible biodiversity much of the endemics, but also the difficult and necessary balance which always must prevail in the direct relation between the environmental preservation, and the economic and social development of an absolutely harmonic and sustainable way.

PIRARU- 360° Environmentally Sustainable Production Piraru Agro Industrial Ltd is investing in sustainable investment projects in Brazil that are formally ceded to FranTech Netherlands. Champion in terrestrial and aquatic biodiversity, Brazil gathers almost 12% of all natural life on the planet, because it concentrates 55 thousand species of high plants (22% of all the existing), many of them endemic; 524 mammal species; more than 3 thousand freshwater fish; between 10 at 15 million insects, many yet to be discovered and described; more than 70 species of birds of the “psittacidae” family, which is composed by macaws, parrots and parakeets.

Production Cycle of Paulownia from Laboratory to the Field Production and selection of hybrid seedlings made in laboratory from Paulownia’s roots Development chamber of Paulownia’s selected seedlings Transport of seedlings of the greenhouses to the field for mechanized planting Greenhouse of adaptation, conditioning and growth of selected hybrid seedlings Mechanized planting of seedlings in the field. According with the degree of alignment and density Initial stage of seedlings’ growth in the field after planting of high density per hectare Site with high density planting of Paulownia with their branches chopped at the bottom of the stem. The Paulownia is the selected tree species and considered by PIRARU as the best option available to perform their forestry activities due the biological characteristics and properties that it has, because

in addition to replace with superior advantages these two species of trees that has been widely used in Brazil for decades, it is one of them that provides the biggest and best environmental benefits due to the following factors: • It requires little water and rapidly recovers poor soils and their natural and organic nutrients, besides of that, together with the algae, they allow the highest sequestration level of CO2 from the atmosphere, converting this gas which causes greenhouse effect, directly in reused nutrient in its own benefit. • It produces intense flowering fora long period of time from the second year of cultivation in the field, benefiting all strings of insects and wild animals that feed of the abundant nectar produced, therefore ideal for use in beekeeping.

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â&#x20AC;˘ It protects the natural nutrients and organic humus present in the upper layers of the soil surface due to the wide coverage area and shading that is provided by vast branches replete of large sheets that can reach up to eighty centimeters of diameter each one, thus allowing soil fertilization.

agro energy and beekeeping agribusiness, occurs due to the set of excellent attributes provided by this tree species, which offers advantages and superior competitive benefits, evidencing and positively differentiating the Paulownia in relation to the three species of Eucalyptus and Pines that are traditionally used in practically all agro forestry projects in Brazil.

â&#x20AC;˘ Resistant to diseases, the Paulownia lets recover and expand the biomes and biodiversity of the areas where it is grown, even when intercropped with other native species of trees and secondary vegetation.

All hybrid seedlings of Paulownia produced in the laboratory for agroforestry projects will be sterile and non-invasive, since themselves could not reproduce naturally through their own roots or seeds by them generated, thus protecting and preserving the full integrity and quality of the biomes where they will be introduced as part of plans for environmental recovery intended by PIRARU.

Because besides not require the use of harmful chemical agricultural defensives, it offers excellent shelter and natural protection to insects and wild animals, without scare them to distant sites of the areas of cultivation and manage-ment environmentally rational and sustainable.

Productivity of Hybrid Paulownia x Eucalyptus and Pine The choice of Paulownia by PIRARU for integrated implementation of forestry, 198

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Irrigation Channel of the Fish Farming Tanks The property strategically selected by PIRARU, located left of the irrigation channel, has in its favor as a of the bigger benefits, the fact that it is the first area just below of the also first dam from

ParanĂŁ River, and is located between the ParanĂŁ River. The first stretch already completed of the irrigation channel with 3,700 meters long, 18 meters wide, and 5 meters deep, which currently has no any utilization to ends for consume of the water that by it passes. Due to the failed project of agrarian reform and rural settling conducted by the Brazilian federal government, and whose infrastructure built with public funds had as aimed to meet and benefit small farmers who would be settled over the 10 planned reservoirs.

Symmetrical Correlation between Food and Energy The expressive increases of the global demands for food and energy in the world due to the continuing growth of the world population, and respective expansion of the consume in the coming decades will result in a growing precision on the prices of the key agricultural and energy commodities, whose direct symmetric correlation existing between them can be clearly observed in the graph above. So, those business related to the food and energy markets certainly will continue offering gains highly secure and profitable.

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Non Conventional Energy Technology

Solastor -Worlds Power in Sou

s Cheapest Solar uth Australia November / December 2016 | FranTechnovation 203

olar power is the conversion of sunlight into electricity, either directly using photovoltaics (PV), or indirectly using concentrated solar power. Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Photovoltaic cells convert light into an electric current using the photovoltaic effect. The International Energy Agency projected in 2014 that under its “high renewables” scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world’s largest source of electricity. Most solar installations would be in China and India. Commercial concentrated solar power plants were first developed in the 1980s. The 392 MW Ivanpah installation is the largest concentrating solar power plant in the world, located in the Mojave Desert of California. Solar energy is not only sustainable, it is renewable and this means that we will never run out of it. It is about as natural a source of power as it is possible to generate electricity. The creation of solar energy requires

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little maintenance. Once the solar panels have been installed and are working at maximum efficiency there is only a small amount of maintenance required each year to ensure they are in working order. They are a silent producer of energy. There is absolutely no noise made from photovoltaic panels as they convert sunlight into usable electricity.

The Benefits of Solar Power

Solar power helps to slow/stop global warming Global warming threatens the survival of human society, as well as the survival of countless species. Luckily, decades (or even centuries) of research have led to efficient solar panel systems that create electricity without producing global warming pollution. Solar power is now very clearly one of the most important solutions to the global warming crisis. Solar power saves society billions or trillions of dollars Even long before society’s very existence is threatened by global warming, within the coming decades, global warming is projected to cost society trillions of dollars if left unabated. So, even ignoring the very long-term threat of societal suicide, fighting global warming with solar power will likely save society billions or even trillions of dollars.

Solar power saves you money Putting solar PV panels on your roof is likely to save you tens of thousands of dollars. The average 20-year savings for Americans who went solar in 2011 were projected to be a little over $20,000. In the populous states of New York, California, and Florida, the projected savings were over $30,000. In the sunny but expensive paradise known as Hawaii, the projected savings were nearly $65,000! Solar power provides energy reliability The rising and setting of the sun is extremely consistent. All across the world, we know exactly when it will rise and set every day of the year. While clouds may be a bit less predictable, we do also have fairly good seasonal and daily projections for the amount of sunlight that will be received in different locations. All in all, this makes solar power an extremely reliable source of energy. Solar power provides energy security On top of the above reliability benefit, no one can go and buy the sun or turn sunlight into a monopoly. Combined with the simplicity of solar panels, this also provides the notable solar power advantage of energy security, something the US military has pointed

out for years, and a major reason why it is also putting a lot of its money into the development and installation of solar power systems. Solar power provides energy independence Similar to the energy security boost, solar power provides the great benefit of energy independence. The â&#x20AC;&#x153;fuelâ&#x20AC;? for solar panels cannot be bought or monopolized. It is free for all to use. Once you have solar panels on your roof, you have an essentially independent source of electricity that is all yours. This is important for individuals, but also for cities, counties, states, countries, and even companies. Solar power creates jobs As a source of energy, solar power is a job-creating powerhouse. Money invested in solar power creates two to three times more jobs than money invested in coal or natural gas.

Solar power in Australia

Solar power in Australia is a relatively recent phenomenon. As at September 2016, Australia had over 5,440 megawatts (MW) of installed photovoltaic (PV) solar power, with 692 MW of PV having been installed in the preceding 12 months. PV contributed to 2.4% of Australiaâ&#x20AC;&#x2122;s electrical energy for 2014-2015. The installed PV capacity in

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Australia has increased 10-fold between 2009 and 2011. Feed-in tariffs and mandatory renewable energy targets designed to assist renewable energy commercialisation in Australia have largely been responsible for the rapid increase. The combination of Australia’s dry climate and latitude give it high benefits and potential for solar energy production. Most of the Australian continent receives in excess of 4 kWh per square metre per day of insolation during winter months, with a region in the north exceeding 6 kWh/day. Australia’s insolation greatly exceeds the average values in Europe, Russia, and most of North America. Comparable levels are found in desert areas of northern and southern Africa, south western United States and adjacent area of Mexico, and regions on the Pacific coast of South America. 206

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However, the areas of highest insolation are distant to Australia’s population centres. With an installed photovoltaic capacity of 3,300 megawatts by the end of 2013, Australia ranks among the world’s top ten solar countries.

Concentrating Solar Thermal (CST)

Typical CST plants use standard steam turbines and often integrate thermal energy storage. Stored solar thermal energy (heat) can continue to be used to run a turbine and generate electricity many hours after the sun has gone down or during extended cloudy periods. There are currently 61 CST plants in operation around the world, with another 22 under construction at commercial scale between 14-370MW, and a further 16 under development

with signed agreements but construction pending. A 2012 report commissioned by the Australian Solar Institute (ASI) found concentrating solar power could provide about 30 per cent of Australia’s total current electricity generation capacity with only modest extensions to the national electricity grid, if forecast cost reductions are achieved.

Solastor in South Australia has promised World’s Cheapest Solar Power

From a recent story featured in RenewEconomy a solar thermal and storage plant of up to 170MW in Port Augusta, South Australia was announced, the company Solastor will provide the state with 24/7 base load and peak load generation. The “game-changing” billion-dollar project, based on Solastor’s Australian-

made and owned solar thermal tower technology,will compete with another proposed solar tower and storage project, a 110MW facility put forward by US company SolarReserve. According to the Solastor launch invitation, the proposed plant has a total project budget of approximately $1.2 billion and will comprise 1,700 modules, with a generation capacity of 110MW in winter and 170MW in summer. Once completed it will generate approximately 1.25 billion kWh of electricity per year enough to power more than 200,000 Australian homes. According to Solastor’s calculations, the price for power from one of its power stations will be approximately 12c/kWh, including generation and storage, which will then fall to 6c/kWh once financing costs are paid and then 4c/kWh in the second half of the facility’s 50-year life. November / December 2016 | FranTechnovation 207

(Consumers in Australia pay upwards of 30c/kWh) Solar thermal heat storage and power generation is more cost-effective than solar photovoltaic or wind energy, which require expensive electric battery support to provide uniform power delivery. Solar Cities- The Future of Power Generationâ&#x20AC;Ś Solar Cities is a demonstration program designed to promote solar power, smart meters, and energy conservation in urban locations throughout Australia. One such location is Townsville, Queensland. With India launching the â&#x20AC;&#x2DC;Solar Citiesâ&#x20AC;&#x2122; initiative, Solastor comes across as an excellent source of renewable resource power generation engineering and technology. The Solar City aims at

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minimum 10% reduction in projected demand of conventional energy at the end of five years, through a combination of enhancing supply from renewable energy sources in the city and energy efficiency measures. The basic aim is to motivate the local Governments for adopting renewable energy technologies and energy efficiency measures. In a Solar City all types of renewable energy based projects like solar, wind, biomass, small hydro, waste to energy etc. may be installed alongwith possible energy efficiency measures depending on the need and resource availability in the city. Adopting the technology implemented by Solastor will help achieve the goals of Solar City in India, which is highly favourable for Solar Power Generation.

Frenell- Harnes the Sun 210

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ssing

olar technologies have evolved a lot since they first made their debut in the 1960s. While previously solar photovoltaics (PV) were seen as a thing of the future, today, technological breakthroughs have positioned the industry for huge growth. A series of new developments in solar PV technology also promise to contribute to the industryâ&#x20AC;&#x2122;s success. Researchers have longed looked for ways to improve the efficiency and cost-effectiveness of solar cells - the life blood of solar PV systems. A solar PV array is comprised of hundreds, sometimes thousands of solar cells, that individually convert radiant sun light into electrical currents. The average solar cell is approximately 15% efficient, which means nearly 85% of the sunlight that hits them does not get converted into electricity. As such, scientists have constantly been experimenting with new technologies to boost this light capture and conversion.

Frenell- Harnessing the Sun

FRENELL is leading solar technology provider specialized in the engineering, procurement and construction of turn-key Concentrating Solar Power solutions. Our Solar Field with integrated Thermal Energy Storage system produces clean energy for our customers in the power, mining, oil and energy industry in international markets. The cutting edge solar technology is based on the Linear Fresnel collector principle and has been designed to provide solar power which is sustainable, cost competitive with conventional energy sources such as oil and gas and available around the clock. FRENELLâ&#x20AC;&#x2122;s proven CSP technology generates steam with temperatures November / December 2016 | FranTechnovation 211

of up to 550°C. It can be applied for multiple purposes such as Power Generation, Seawater Desalination and Enhanced Oil Recovery – providing 24 hour fully dispatchable solar heat.

The Unique Key Points of Frenell

DMS® DEMO LOOP – MOLTEN SALT DEMONSTRATOR ON PE1 PE2 – WORLD’S FIRST UTILITY SCALE LINEAR FRESNEL SOLAR THERMAL POWER PLANT LIDDELL – A WORLD’S FIRST INTEGRATION OF SOLAR THERMAL TECHNOLOGY WITH A COAL FIRED POWER STATION PE1 – FIRST LINEAR FRENELL DSG PLANT CONNECTED TO A PUBLIC GRID

Frenell Solar Power Technology Advantages Power on Demand FRENELL’s direct molten salt technology DMS® with integrated thermal energy storage features base load power characteristics. It decouples solar energy collection from power

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production. The sun’s energy is converted to high temperature thermal energy which is stored in molten salt tanks. These tanks are discharged when the sun does not shine – delivering clean electricity around the clock. Competitive FRENELL is already capable to compete with conventional generated power and process heat. Independent from volatile fossil fuel prices, FRENELL provides price stable and predictable power supply. Regarding cost of electricity or thermal energy FRENELL’s system beats any other CSP technology as well as Photovoltaics with battery storage. Scalable FRENELL’s DMS® technology is designed as a modular system. This reduces engineering and fabrication costs while serving various applications at a wide range of scale. FRENELL thereby achieves highly competitive costs even for small scale applications – going from less than ten up to several hundred megawatt. It’s just more of the same! Eco Friendly Besides generating CO2 free energy on

global scale FRENELL’s CSP technology keeps the local environmental impact at a minimum. Both the materials for the construction and the thermal fluid are non-hazardous and can be recycled after the plants life-cycle. Regarding wild life, the solar concentration is not high enough to harm bird life while the extremely low soil sealing does not disturb the habitat of ground living animals.

Frenell Solar Power TechnologyApplications Power Generation FRENELL’s technology competes with fossil-fuel power plants in regions with high solar irradiation. The capability of providing Thermal Energy Storage leads to high capacity factors and grid parity which is of prime importance for energy providers and major industrial consumers. Therefore, FRENELL’s technology can provide base load electricity and demand-responsive power input. The technology can be used in Greenfield projects as well as to extend new or existing fossil-fired power stations. • Dispatachable • Cogeneration • Fuel Saver

Desalination Access to freshwater is vital for human development. In more and more regions of the world, an adequate supply of this precious resource is becoming increasingly challenging. FRENELL DMS® is paving the way for a sustainable source of freshwater. FRENELL’s DMS® technology can be paired with a desalination solution based on the Multi-effect Distillation (MED) process for the treatment of sea and brackish water. The MED process is characterized by very low energy consumption compared with other thermal processes and is highly reliable and simple to operate. It can be run continuously for up to 24-houra-day with minimum operations and maintenance activities or supervision. Even more value can be added in a cogeneration set-up where the MED process replaces the air cooled condenser in the power application. • Low energy consumption • Low temperature • No pre-treatment Enhanced Oil Recovery Thermal Enhanced Oil Recovery (EOR) is a widely used process to increase November / December 2016 | FranTechnovation 213

crude oil extraction of matured oil fields. It is an energy intensive process which mostly uses natural gas to produce steam to be injected in the well. Instead, FRENELL DMS® Solar EOR uses solar energy to produce steam, eliminating emissions and conserving natural gas for higher value applications. • Continuous Steam Production • Superheated Steam • Low Water Quality Requirements

Frenell’s Solar Power Core Technologies Solar Field FRENELL offers a Concentrated Solar Power (CSP) technology based on Linear Fresnel collector principle. Parallel rows of flat mirrors are mounted onto a sheet metal base structure. These lines reflect direct solar radiation onto a stationary receiver unit. Molten salt is pumped through the absorber tube and heated up to 550°C by the sun’s concentrated energy. The heat is transferred from the solar field to a Thermal Energy Storage system. 214

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FRENELL established automotive manufacturing techniques to produce its primary reflectors and receivers in large volumes in fully automated in-house production lines with 100% quality control. The manufacturing facilities are mobile, to realize on-site production – minimizing transportation cost and increasing local content. Thermal Energy Storage FRENELL delivers Thermal Energy Storage multi-tank system with molten salt as storage medium. This medium is also used as heat transfer fluid in the solar field and is directly guided to the storage tanks. Solar generated thermal energy can be stored during day time for dispatchable energy 24/7. Control System The FRENELL control system was developed in-house developed and is based on standardized industrial automation components. It can be integrated easily into any power plant DCS system, as successfully realized within the Puerto Errado 2 project. It provides real time monitoring of process values and performance. Thereby the FRENELL Single Push Button Principle provides fully automated operation.

Cleaning System FRENELL offers integrated cleaning systems for both the Primary Reflectors and also the Receiver unit to facilitate uninterruptible daily operation in harsh desert environments. Very low water consumption and low labour intensity allow daily cleaning cycles of the primary reflectors â&#x20AC;&#x201C; ensuring the highest levels of cleanliness and efficiency over the lifetime of the solar field. Furthermore, FRENELL offers an integral water-free Receiver cleaning system, which drastically reduces soiling of the optical components to maintain the maximum optical performance. In addition, both cleaning vehicles can be equipped with monitoring kits in order to check the cleanliness of the reflectors and the vacuum quality of the absorber tubes, facilitating a precise and continuous status report even for large solar fields.

Frenell Solar Power Project Services

provider for its unique Linear Fresnel Technology, FRENELL is offering services and customer support in all relevant fields of project development. The team of FRENELL has already successfully proven its competence in providing such services in three commercial projects which verified the given performance guarantee. Construction FRENELL, as a technology provider, also offers the Engineering, Procurement, Construction and Commissioning of entire concentrated solar power plants. This includes solar field, thermal energy storage, heat exchanger and power block. The FRENELL team has proven its capability to successfully structure EPC projects as a contractor and consortium leader. Aftersales FRENELL shows long term experience in operating and maintaining its solar fields since early 2008. Permanently improving the O&M processes and the technology increases performance while lowering operational expenditure.

Project Development Beside its role as technology

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Logistics & Transportation Technology

Link Global They Link, Yo

l Logisticsou Gllobalize! November / December 2016 | FranTechnovation 219

oday’s retailers, e-tailers, distributors and manufacturers now need to move at the speed of sound. However, they’re facing an ever-shifting landscape of complex customer fulfilment requirements coupled with mounting motor carrier regulations, convoluted customs requirements and increasing global risk—a complicated stew that’s made the management of transportation and logistics networks more difficult than ever before. Expanding internationally might seem like a no-brainer in a world where consumers are connected to global businesses through the internet and myriad global shipping options. Yet, a number of obstacles keep companies from taking the plunge into international waters, or from expanding existing global operations. Today, supply chain players need high-performing IT systems that go beyond the functions offered by Port Community Systems—IT systems

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linking port professionals to manage the flow of goods through the port. We have entered a new era for goods tracking right across the supply chain. Thanks to new technologies, cargo becomes intelligent and can be tracked wherever it is located in the world. These professionals can include terminal operators, shipping agents, ship owners, customs brokers, freight forwarders, road, rail, and river carriers as well as customs, port authority, veterinary inspection bodies, plant health inspection bodies, and other government agencies. The available functions and the professionals linked vary from one port to another. E-commerce is becoming “connected commerce,” with everything from

In fact, to the techno-savvy optimists who see a bright future for the industry, the future is already here.

consumer goods to building materials to specialty chemicals being marketed, bought and sold on line by customers who are â&#x20AC;&#x153;connectedâ&#x20AC;? to markets and suppliers.

The Third Party Logistics Industry- 3PL

The 3PL industry is going through transformations and the coming few years are likely to be critical for the future of the industry. While things may not look rosy from the customersâ&#x20AC;&#x2122; perspective (customer dissatisfaction has been growing over the years), the industry itself is gearing up to take on the challenges and the opportunities offered by the latest technological advancements.

At the rate new technologies are cropping up, some of them specifically targeting the logistics market, there will soon come a time when almost the entire logistic process will be automated - needing human intervention only for critical tasks. The automation of logistics will remove human errors, cut unnecessary costs, speed up transportation and delivery, ensure the safety of goods, and help managers make quick and accurate decisions.

However, only about 30% of 3PL companies have been found to be using cutting edge technologies. Most of these companies are large, with the financial resources to maintain their own servers and a dedicated IT staff. The advanced technologies they use are limited to Transportation Management System (TMS) and Warehouse Management System (WMS)

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applications. The majority of smaller companies find the costs of these applications too high to be profitable. Linkglobal logistics- They Link, You Globalize! Linkglobal Logistics Co.,Ltd., a China based logistics service provider is actively involved in the multifold logistics world. With their worldwide networks and partners, they offer services in international freight forwarding (from DDP to Ex-works), trade facilitation, supply chain management, warehousing and project management. In 2007, LinkGlobal International Logistic Group purchased the Parchim International Airport in Germany. Linkglobal has kicked off the project with Nanjing High & New Zone and Ningxia Hui Autonomous Region government to exploit the airport and its accessorial land a state-of-the-art bond industrial park, bond logistic center and European distribution center.

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In 2008, LinkGlobal proposed “Urumqi Rail-Air Project”. Cargo from the rest of China are gathered by rail at Urumqi and then consolidated to wide-body freighters from Urumqi to Germany Parchim (SZW) or Dubai (DXB). The total transportation time limits within 7 days with lower transit cost. With modern technology and a team of professionals, they ensure the customers’ peace of mind by providing high-quality, cost-effective services. Global Logistics Services offered by Linkglobal Theoretically, logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer’s requirements. The complexity of logistics can be

modelled, analysed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in all logistics fields. A professional working in the field of logistics management is called a logistician. Linkglobal has developed an advanced and wholesome system that facilitates the connection and execution of supply chain across the globe. With the strenuous and extensive system connections, Linkglobal has become the one stop destination for all kind of logistic support and execution, and meets the demands of varied businesses in terms of facilitating the transportation, logistics, system management, freight control and multiple other services offered! Logistics and Supply Chain has multiple number of fields that cover the entire system of management of services and transportation of goods across the globe. The Linkglobal services offered are: • Transportation Services • air /ocean /land transportation optimization • special cargo handling • door to door delivery • international transit cargo handling • ad-hoc charter handling • bonded transportation • customs clearance, quarantine and inspection service • Terminal handling, packaging and warehousing • Competitive Air Transportation Resource Linkglobal provides competitive service to America, South-east Asia, Middle-east, Africa,Europe and CIS. They are the GSSA of below airlines: • Egyptair • Oman Air • Airarabia

Linkglobal is also the key agent of many airlines, such as: • Air China International Corp • China Eastern Airlines • China Southern Airlines • All Nippon Airways Corp • Lufthasa Airlines • Delta Airlines • Turkmenistan Airlines • ETIHAD Airlines • Air France • United Airlines • Polish Airlines • Air Asia v Project Logistics Not only transportation, but Linkglobal also helps in Project Logistics supporting the below: • fair & exhibition • games & matches • government aid material • overseas engineering project v Logistics Solutions • FGI/part reverse logistics • Record retention logistics • SCM/logistics planning • Trade facilitation v Special Cargo Handling • Dangerous goods management: Linkglobal has a qualified operation team with IATA authorization& experienced DG professions. • Oversized goods handling: Wide body ad-hoc freighter • Fresh, alive & perishable goods handling: Linkglobal has experienced AVI professions, AVI cargo solutions design and troubleshooting, efficient passage of quarantine and inspection, door to door services. • RMA logistic service and management: Linkglobal helps with global distribution support, customized operation design, cost saving for customers.

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Global Culture The Strength of Linkglobal

Linkglobal works on the principles of -Trust -Win-win -Professionalism -Growth Teamwork is a joint action by two or more people or a group, in which each person contributes with different skills and express his or her individual interests and opinions to the unity and efficiency of the group in order to achieve common goals. This does not mean that the individual is no longer important; however, it does mean that effective and efficient teamwork goes beyond individual accomplishments. The most effective teamwork is produced when all the individuals involved harmonize their contributions and work towards a common goal.

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With its global connections, Linkglobal has managed to achieve a tremendous job in teamwork along with the work completed! They go to the effort of coordinating team building events in an attempt to get people to work as a team rather than as individuals. Linglobal also supports their subordinatesâ&#x20AC;&#x2122; personal aspirations and works in a coordinated effort with other members of a group, or team, in striving for a common goal.

Hyperloop One Sustainable Air Travel; Energy and the Future of Flying 226

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ommercial aviation is one of the fastest growing sources of greenhouse gas emissions and yet a critical component of the global economic infrastructure. A recent report, co-authored by the U.S. Department of Transportation, forecasts global carbon dioxide emissions due to commercial aviation of 1.5 billion tons per year by 2025, considerably worse than previous predictions of the International Panel on Climate Change. By comparison, the entire European Union, some 457 million people, currently emits about 3.1 billion tons of carbon dioxide annually. The same report found that growth of carbon dioxide emissions on this scale will outstrip any gains made by improved technology by a wide margin, ensuring that commercial aviation is an even larger contributor to global warming by 2025 than previously thought. Despite the considerable greenhouse gas contribution, the industry is economically driven by fuel efficiency. With approximately 40% of annual operating costs coming from fuel, airlines constantly push for more

efficient aircraft and engines. Growth is so rapid that the projections above exist in spite of a 70% increase in industry-wide fuel efficiency over the last four decades. The only path to long-term reductions in greenhouse gas emissions is to power commercial aircraft with a greenhouse-free fuel. Many alternatives for sustainable aviation fuels with significant reductions in life-cycle carbon costs are being investigated, (sustainable crops, biomass, etc.) and they are likely to play a role in the reduction of the carbon footprint of commercial aviation. Currently, the principal sources of alternative energy in the aviation industry are alternative fuels, solar energy, and hydrogen. While in the past, alternative fuels were being heavily investigated for the automobiles sector, the push for change is now moving to the aviation industry. Even though aircrafts generate roughly only one-ninth the carbon emissions that automobiles do, their environmental impact is greater because they go higher up

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in the atmosphere. In 2014, aviation accounts for 2% of global emissions and this is expected to grow to 3% by 2050. This is where solar energy steps in. Industry experts suggest that the best long-term solution is likely to come from algae-based biofuels. This approach, which grows algae to manufacture jet fuel, is still emerging. But it is estimated that it could produce an oil yield up to 15 times that of other biofuel plants. The final economic and environmental impact of alternative energy sources is immense. In 2012, Lufthansa’s first six-month biofuel initiative reduced carbon emissions by 1471 tons. In addition, other forecasts project that in 20 years cost-efficient biofuels will reduce operating costs and ticket prices within the industry substantially. Propulsion systems for commercial aircraft, while experiencing considerable improvements in efficiency through better engineering, materials, coatings, and changes to the thermodynamic cycle, have not fundamentally changed in decades. Hydrocarbon fuel is burned with oxygen from the atmosphere to drive a thermodynamic cycle and produce thrust.

Hyperloop One has made substantive technical changes to Musk’s initial proposal and chose not to pursue the San Francisco-to-Los Angeles route that Musk envisioned in his 2013 white paper. The company has raised $160 million and successfully demonstrated its propulsion technology in May 2016 at its test site north of Las Vegas and is currently building DevLoop, its full-system test track. Hyperloop One expects to achieve “first flight” of the complete system (with levitation, propulsion, pod vehicle, control systems and low-pressure tube) early in 2017. Hyperloop One is developing passenger and cargo system routes in the United States, Finland, the United Arab Emirates, Russia and Switzerland. Its publicly stated goal is to deliver a fully operational Hyperloop system by 2020.

Hyperloop One- Broadband for Transportation

What is Hyperloop One?

The Hyperloop uses a linear electric motor to accelerate and decelerate an electromagnetically levitated pod through a low-pressure tube. The vehicle will glide silently for miles

Hyperloop One started in 2014 in a Los Angeles garage. They’re now 200 people on three campuses in LA and Nevada. An enigmatic group of engineers, welders, machinists, designers and builders.

Hyperloop One, previously known as Hyperloop Technologies, is a company in Los Angeles, California, that is leading the effort to commercialize the Hyperloop for moving passengers and/or cargo at airline speeds at a fraction of the cost of air travel. The concept of Hyperloop transportation was introduced and named by Elon Musk in August 2013, although he is not involved with Hyperloop One.

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at speeds of up to 1,000 km/h (620 mph) with no turbulence. The system is designed to be entirely autonomous, quiet and on-demand (departures every 10–20 seconds) and, as it is built on columns or tunnelled underground, eliminates the dangers of at-grade crossings and requires much smaller rights of way than highspeed rail or a highway.

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Hyperloop is a new way to move people and things at airline speeds for the price of a bus ticket. It’s on-demand, energy-efficient and safe. Think: broadband for transportation. They use a custom electric motor to accelerate and decelerate a levitated pod through a low-pressure tube. The vehicle will glide silently for miles with no turbulence.

The entire project is happening faster than you think. They tested their motor in May, 2016, and will test the full system in early 2017. We’re developing routes in five countries. The goal is to be moving cargo by 2020 and passengers by 2021.

Hyperlopp already well underway in this partnership, which will produce the business model, technical solution and certification process to bring Hyperloop One’s autonomous, on-demand, point-to-point and high speed transport system to the UAE.

The world is ready for a new mode of transportation that will change the way we live. Hyperloop is in the business of selling time, the most precious resource there is. When cities become metro stops, regions will flourish.

Imagine cutting the time it takes to go from Dubai to Abu Dhabi from 90 minutes to 12 minutes, or Dubai to Riyadh in 48 minutes, or connecting Dubai International Airport and Al Maktoum Airport with a six-minute trip by Hyperloop, forming a single global transport hub.

It takes extraordinary people to do extraordinary things. They’ve assembled the best and brightest from multiple industries together in one place to accomplish the impossible.

Hyperloop One’s Historic Agreement with The Dubai RTA

Hyperloop One’s portal and pod designs brings in the new vision for how Hyperloop One would extend the range of urban networks of autonomous vehicles to create regional transit systems that eliminate the barriers of time and distance.

A historic moment for Hyperloop One on November 8, 2016 in Dubai, where we signed an agreement with the Roads and Transport Authority to explore using Hyperloop One technology to connect Dubai to the greater United Arab Emirates.

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Jumeriah, Stay Differe Travel, Expe

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ent- Experience Luxury erience UAE

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ourism is often seen as a global phenomenon with an almost incomprehensibly massive infrastructure. Its importance is evident from the fact that its influence thoroughly penetrates society, politics, culture and, above all, the economy. Indeed, this is the branch of the global economy with the most vigorous growth: the World Tourism Organisation (WTO) estimates that in 2007 it encompassed 904 million tourists who spent 855 billion US dollars- a huge number only just a decade ago! There exists a complex, interwoven worldwide structure dedicated to satisfying the specific touristic needs of mobile individuals, groups and masses. Since its inception, tourism has polarised: it reveals numerous views ranging from the total approval of its potential for enriching self-realisation combined with recreation to critical rejection due to the belief that it causes harm through the systematic dumbing down of entertainment and avoidable environmental destruction.

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Travel for leisure purposes has evolved from an experience reserved for very few people into something enjoyed by many. Historically, the ability to travel was reserved for royalty and the upper classes. From ancient Roman times through to the 17th century, young men of high standing were encouraged to travel through Europe on a “grand tour” (Chaney, 2000). Through The Middle Ages, many societies encouraged the practice of religious pilgrimage, as reflected in Chaucer’s Canterbury Tales and other literature. Holidays and travel are becoming accessible to ever broader strata of the population; not only “traditional” holidaymakers – i.e. state employees, white-collar workers, graduates and urban workers – have benefited. The rural population and social groups defined by age and gender (women, singles, and pensioners) have taken advantage of tourism, something which is evident from the specific products tailored to their various demands. This picks up on a central characteristic of modern tourism – diversification and specialisation as a result of globalisation.

The Changing Face of Travel with Technology!

The internet has changed the way we plan our vacations and travels, and so have luxury hotels & resorts managed to keep their pace with it. As more and more affluent consumers use the internet as their primary travel and vacation planning resource, there is anincrease in the luxury hotels & resorts ensuring they are using current, unique digital marketing strategies to reach today’s tech-savvy travellers. Luxury hotels & resorts, ranging from luxurious ranches tucked away in the mountains to beautiful island resorts, throughout the world have discovered the importance of the digital marketingtechniques applied for higher reach of audience and hence an enhanced sales,which results in success.

The Most Used Luxury Hotel Travel Trends

While some trends fade with time, some just seem to resound with customers from one year into the next. Some of

the trends shaping up at the high end of the market as seen by luxury travel professionals and other experts are: 1. Doubling down on local 2. Authentic, but maybe not too authentic 3. Personalization: It’s the little things that count 4. Hip at the high end 5. Unexpected pairings 6. Fun with food 7. Destination roulette 8. Exotic emerges 9. Convenience is king 10. Art is the new cuisine

When Dubai became Dubai… The Global Hub for Luxury Travel The world became acquainted with Dubai only a few years ago. The city that launched a thousand magazine features was presented to Westerners as many things: Rich, strange, tacky, and threatening.But most of all, it was presented as new. The instant global metropolis with a “skyline on crack”

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captivated the world with record-setting skyscrapers, indoor ski slopes and a stunningly diverse population. With 96 percent of its population foreign born, Dubai makes even New York City’s diversity — 37 percent of New Yorkers are immigrants — seem mundane. Dubai was touted as a new phenomenon, but it is actually just the most recent iteration of a far older one. For 300 years, instant cities modelled on the West have been built in the developing world in audacious attempts to wrench a lagging region into the modern world.Dubai is a city where “everyone and everything in it — its luxuries, labourers, architects, accents, even its aspirations — was flown in from someplace else.”

Jumeriah Group- The Luxury Travel in the New Millennium Emirates

Jumeirah Hotels & Resorts are regarded as among the most luxurious and innovative in the world and have won numerous international travel and tourism awards. The company was founded in 1997 with the aim to become a hospitality industry leader through establishing a world class portfolio of luxury hotels and resorts. Building on this success, in 2004 Jumeirah Group became a member of Dubai Holding - a collection of leading Dubai-based businesses and projects - in line with a new phase of growth and development for the Group.

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Designed to encapsulate the vision of a progressive UAE while maintaining a cultural soul, the hotel’s dramatic sculptural design complement the property’s sophisticated and contemporary interior. Fine craftsmanship, luxurious materials and thoughtful design throughout enhance the guest experience at every opportunity.

Arts & Culture- Culturally Connected Making Cultural Connections Jumeirah’s guests are extraordinary, have a wide range of interests, and come from all over the world. It is gratifying for Jumeirah to help them make new connections to a creative community that they may not have been aware of. Hotels are catchment areas for culture, and today’s travellers crave a place where exciting art, elegant design, comfort and the exchange of interesting and relevant ideas can all mix. Jumeirah Arts & Culture Platform The Jumeirah Arts & Culture Platform reflects an ongoing commitment to the diversity of innovative expression and to promoting outstanding artists. By creating cultural connections for the guests, they spark their curiosity, engage with their own individual tastes and interests, and give insights into the

cultural heritage of the local communities.

Global Partnerships

Jumeirah has tied up with some of the worlds most esteemed international brands to provide our guests with a variety opportunities to make each and every visit a memorable one. They have a great proposition with an airline Frequent Flyer Programmes enabling their guests to earn miles for every stay, as well as benefit from exclusive special offers. Jumeirah also has very fruitful relationships with many other companies including financial and luxury brands whereby their customers can also benefit from some amazing exclusive experiences with these partnerships.

Jumeirah Sirius- Exclusive, Global Lifestyle

Named after the brightest star, the Jumeirah Sirius recognition and rewards programme illuminates the very best experiences that Jumeirah Hotels, Resorts & Residences present across the world. Jumeirah Sirius has been especially designed to reward you when you stay, dine, relax or shop at Jumeirah.

The award-winning Hotels & Resorts of Jumeirah Group are regarded as the most luxurious and innovative in the world. Each hotel is unique in design but all will reflect the essence of Stay Differentâ&#x201E;˘, a philosophy brought to life through their dedication to providing imaginative and exhilarating experiences, thoughtful and generous service in a culturally connected ambience.

Jumeirah Emirates Towers Offices Jumeirah Emirates Office Tower attains its iconic status not only from its imposing profile, but from its outstanding standards of finish, design and functionality. This is a design without compromise, a concept which reflects leading business style. Sharp lines and high technology meet in a place which provides the optimum environment, natural light and panoramic views. This is a place where function and form operate in harmony - creating maximum efficiency in an atmosphere of corporate strength. The Towers are an expression of corporate style at its most exacting - uncompromising, uncluttered and efficient. Each floor features spectacular views over Dubai, concealed underfloor services, computer based centralised lighting and air conditioning plus access for connection to the telephone, data and fibre optic risers.

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nergy demand is expected to more than double by 2050 as the combined effect of the increases of population and energy consumption per capita in developing countries. Fossil fuels presently satisfy 80% of the primary energy demand but their impact on the environment through greenhouse gas emission is unacceptable. Energy sources that can prove their long-term sustainability and security of supply must replace fossil fuels.

The greatest increase in demand for energy is envisioned to come from developing countries where, with swift urbanisation, large-scale electricity generation will be required. With environmental requirements for zero or low CO2 emission sources and the need to invest in a sustainable energy mix, new energy sources must be developed. Fusion will be available as a future energy option by the middle of this century, and should be able to acquire a significant role in providing a sustainable, secure and safe solution to tackle global energy needs. November / December 2016 | FranTechnovation 243

Twentieth-century fusion science identified the most efficient fusion reaction in the laboratory setting to be the reaction between two hydrogen (H) isotopes deuterium (D) and tritium (T). The DT fusion reaction produces the highest energy gain at the “lowest” temperatures. It requires nonetheless temperatures of 150,000,000° Celsius—ten times higher than the hydrogen reaction occurring in the Sun.

ITER- Unlimited EnergyFusion Nuclear Reaction

ITER (“The Way” in Latin) is one of the most ambitious energy projects in the world today. In southern France, 35 nations are collaborating to build the world’s largest ‘tokamak’, a magnetic fusion device that has been designed to prove the feasibility of fusion as a largescale and carbon-free source of energy based on the same principle that powers our Sun and stars.

Fusion: A Virtually Unlimited Energy Source

Fusion of light nuclei is the energy source that powers the sun. A fusion power plant utilises the fusion reaction between tritium and deuterium. The process yields a helium nucleus and a neutron, whose energy is harvested for electricity production. Deuterium is widely available, but tritium exists only in tiny quantities. The fusion reactor has to produce it via a reaction between the neutron and lithium. Lithium, again, is abundant in the Earth’s crust and in sea water. The global deuterium and lithium resources can satisfy the world’s energy demand for millions of years.

How Does Fusion Produce Energy?

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ITER will be the first fusion device to maintain fusion for long periods of time. And ITER will be the first fusion device to test the integrated technologies, materials, and physics regimes necessary for the commercial production of fusionbased electricity. Thousands of engineers and scientists have contributed to the design of ITER since the idea for an international joint experiment in fusion was first launched in 1985. The ITER Members—China, the European Union, India, Japan, Korea, Russia and the United States—are now engaged in a 35-year collaboration to build and operate the ITER experimental device.

ITER-Make Fusion a Credible Energy Option

ITER is the key facility of the roadmap. ITER is expected to achieve most of the important milestones needed on the path to a fusion power plant (FPP), notably robust burning plasma regimes, the test of the conventional physics solution for power exhaust and the validation ofthe breeding blanket concepts.

ITER construction has triggered major advances in enabling technologies for the construction of the main components and of the auxiliary systems. The ITER licensing process has confirmed the intrinsic safety features of fusion and incorporated them in the design. Thus, ITER success remains the most important overarching objective of the programme and, in the present roadmap, the vast majority of resources in Horizon 2020 are devoted to ensure that ITER is built within scope, time and budget, that its operation is properly prepared and that a new generation of scientists and engineers is trained for its exploitation.

A Pragmatic Approach to Fusion Energy – Fully Exploit the Potential of Innovation

In the European strategy DEMO is the only step between ITER and a commercial fusion power plant. Its general goals are:

1. Produce net electricity for the grid at the level of a few hundred MWs; 2. Breed the amount of tritium needed to close its fuel cycle; and 3. Demonstrate all the technologies for the construction of a commercial FPP, includingan adequate level of availability. DEMO will mark the very first step of fusion power into the energy market by supplying electricity to the grid. DEMO will largely build on the ITER experience. Beyond that, • DEMO will breed its own fusion fuel tritium • DEMO will need materials suitable for handling the flux of neutrons produced in the fusion reactions To achieve fusion electricity by 2050, DEMO construction has to start in the early 2030s, immediately after ITER November / December 2016 | FranTechnovation 245

achieves the milestone of a net energy surplus. DEMO engineering design will become a major activity after 2020.

development of plasma facing materials and exhaust systems that should be adequate for ITER.

What is Tokamak?

Neutron resistant materials able to withstand the 14MeV neutron flux and maintain their structural and thermal conduction properties in a sufficiently wide window of operation need to be developed for DEMO to ensure efficient electricity production and adequate plant availability.

Power plants everywhere generate electricity by converting mechanical power such as the rotation of a turbine into electrical power. In a coal-fired steam station, the combustion of coal turns water into steam and the steam in turn drives turbine generators to produce electricity. Power plants today rely either on fossil fuels, nuclear fission, or renewable sources like hydro. The tokamak is an experimental machine designed to harness the energy of fusion. Inside a tokamak, the energy produced through the fusion of atoms is absorbed as heat in the walls of the vessel. Just like a conventional power plant, a fusion power plant will use this heat to produce steam and then electricity by way of turbines and generators.

The Fusion Challenges

Plasmas must be confined at temperatures 20 times higher than the temperature of the core of the sun. This requires the minimization of energy losses due to small-scale turbulence and the taming of plasma instabilities. The power necessary to maintain plasmas at high temperatures is ultimately exhausted in a narrow region of the reaction chamber called the diverter. The need to withstand large heat loads led the 246

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While fusion has intrinsic safety features, their implementation in a coherent architecture needs to be a key goal for any DEMO design, to ensure the inherent passive resistance to any incidents and to avoid the need of evacuation in the worst incident case.

The Science behind ITERCapturing the Energy

The helium nucleus carries an electric charge which will be subject to the magnetic fields of the â&#x20AC;&#x2DC;tokamakâ&#x20AC;&#x2122; and remain confined within the plasma, contributing to its continued heating. However, approximately 80 percent of the energy produced is carried away from the plasma by the neutron which has no electrical charge and is therefore unaffected by magnetic fields. The neutrons will be absorbed by the surrounding walls of the tokamak, where their kinetic energy will be transferred to the walls as heat.

In ITER, this heat will be captured by cooling water circulating in the vessel walls and eventually dispersed through cooling towers. In the type of fusion power plant envisaged for the second half of this century, the heat will be used to produce steam and—by way of turbines and alternators—electricity. In terms of sheer scale, the energy potential of the fusion reaction is superior to all other energy sources that we know on Earth, approximately four million times more energy than a chemical reaction such as the burning of coal, oil or gas and four times more than nuclear fission.

The Need for Basic Research

In the proposed roadmap, basic research is meant to address several areas in which fundamental understanding is required to reliably predict the integrated plasma behaviour in ITER and DEMO from first principles. Hence, it addresses ingredients necessary to reach a validated ‘numerical tokamak’ (and a ‘numerical stellarator’ as well).

Advantages of Fusion- The ITER Way to Energy Abundant energy Fusion has the potential to provide the kind of baseload energy needed to provide electricity to our cities and our industries.

Sustainability Deuterium can be distilled from all forms of water, while tritium will be produced during the fusion reaction as fusion neutrons interact with lithium. (Terrestrial reserves of lithium would permit the operation of fusion power plants for more than 1,000 years, while sea-based reserves of lithium would fulfil needs for millions of years.) No CO2 Fusion doesn’t emit harmful toxins like carbon dioxide or other greenhouse gases into the atmosphere. No long-lived radioactive waste Nuclear fusion reactors produce no high activity, long-lived nuclear waste. Limited risk of proliferation There are no enriched materials in a fusion reactor like ITER that could be exploited to make nuclear weapons. No risk of meltdown If any disturbance occurs, the plasma cools within seconds and the reaction stops. The quantity of fuel present in the vessel at any one time is enough for a few seconds only and there is no risk of a chain reaction. Cost The average cost per kilowatt of electricity is also expected to be slightly more expensive at the beginning, when the technology is new, and less expensive as economies of scale bring the costs down.

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