pennypauly
4 days ago
ARAX & Romanian Municipality of Tuzla devise a DePIN Smart City Plan using intelligent
The 1st — Private-public partnership with the Tuzla Municipality in Romania to implement a smart city solutions platform. By utilizing the DePIN platform.
Tuzla, Romania — May 28, 2024 — ARAX Holdings Corp. is pleased to announce a groundbreaking private-public partnership (PPP) with the Tuzla Municipality in Romania to implement a smart city solutions platform. By utilizing the Decentralized Physical Infrastructure Network (DePIN) platform economy and ARAX’s cutting-edge blockchain, IoT, and AI technologies, this initiative aims to transition Tuzla into a model smart city.
Smart City Solution Proposal for Tuzla, Romania
Tuzla, a charming commune in Constan?a County, on the Black Sea shore, Romania with a population of just over 7,000 people, is set to become a bustling hub for commerce and tourism. However, like many cities around the world, Tuzla faces challenges in optimizing its resources to expand infrastructure within its borders, creating demand, and increasing revenue for the municipality. At the same time, it aims to save operational costs by implementing optimal solutions such as, intelligent street light management, decentralized connectivity, utility meter asset management, waste management, renewable energy consumption, decentralized data storage for reporting, and the management of supplying and distributing commodities
To address these challenges and transform Tuzla into a smart city prioritizing sustainability and efficiency, ARAX Holdings Corp. proposes implementing technological solutions. These solutions will not only improve the quality of life for residents but also attract more visitors to the city.
In a conversation with Tuzla’s Mayor, Re?it Taner, we discussed implementing the ARAX Smart City DePIN and blockchain-based RWA and RWP management platform, integrated with the CorePass decentralized digital identity system for secure data storage, scalability, and accountability. Mayor Taner shared his insights on the matter.
This ecosystem and infrastructure introduces intelligent street lighting and urban development that create jobs, leverage connectivity and income opportunities for our community, and boost tourism. Taner Resit — Tuzla Mayor
Following discussions with the municipality of Tuzla, the mayor has approved the project to proceed with phases 1, 2, and 3. This ambitious project, leveraging smart street lighting and Lunaº Mesh for sustainable urban development, represents a significant step in the transformation of Tuzla into a model smart city.
Project Overview and Objectives
Objective:
To establish a model for smart urban development in Tuzla, Romania, by implementing a pilot project centered around intelligent streetlights, using ARAX’s state-of-the-art technologies in blockchain, IoT, and AI. This project will demonstrate the potential for broader smart city integrations and set a scalable framework for future deployments.
Overview:
This initiative will commence with the deployment of smart streetlights powered by renewable energy, connected through the Internet of Things (IoT), and secured using blockchain technology. The project aims not only to provide the required street lighting and enhance urban efficiency by providing secure connectivity and communication, reduced energy consumption, and improved city services, laying the groundwork for future smart city applications.
Project Phases
Phase 1: Planning and Feasibility
Stakeholder Engagement: Conduct workshops and meetings with local authorities, community leaders, and potential technology partners to gather input and align project objectives with community needs.
Needs Assessment: Perform a comprehensive analysis of the current urban infrastructure, identify key areas for improvement, and define specific targets for the intelligent streetlight implementation.
Technical Feasibility Study: Evaluate the existing urban grid and telecommunications infrastructure to integrate 2000-watt renewable energy systems and IoT devices without disrupting current services.
Financial Feasibility Study: Consider a community-funded software and infrastructure services platform, where, in cooperation with the Tuzla Municipality, we will evaluate an innovative implementation of a DePIN that showcases a visionary approach to community engagement and resource management.
Generalized architecture of the Luna° Mesh Base Node
Phase 2: Pilot Deployment
Renewable Energy Implementation: Equip each streetlight with vertical axis wind turbines, solar panels, wind controllers, hybrid inverters, energy storage batteries, and a backup connection to the electricity grid.
Smart Connectivity Deployment: Install Lunaº Mesh network nodes, microwave radio bridges, WiFi access points, LPWAN gateways, and decentralized storage platforms for robust IoT connectivity.
Blockchain Integration: Utilize ARAX BaaP for secure, decentralized operations, incorporating joint mining, decentralized storage platforms, CorePass digital identity, and NFT-enabled blockchain architecture for IoT asset authentication.
Luna° Mesh generalized networking scheme: Base Nodes are interconnected via microwave bridges, Each Base Node serves a group of Light Nodes and a set of sensors, meters, and IoT devices, which are interconnected via an LPWAN mesh.
Phase 3: Expansion and Integration
Scalability Plans: Based on pilot results, expand the network of intelligent streetlights across Tuzla and integrate additional smart city solutions such as smart parking, waste management, WiGig access, and public Wi-Fi.
Integration with Municipal Services: Collaborate with local authorities to integrate these technologies into public service management, enhancing overall urban efficiency and responsiveness.
Future of DePIN Solutions and the Platform Economy
DePIN and the Platform Economy:
Decentralized Physical Infrastructure Networks (DePIN) represent the future of urban and economic development, enabling a shift from centralized to decentralized management of essential services. DePIN solutions are poised to revolutionize how cities like Tuzla manage resources, optimize services, and engage with their communities. By decentralizing the infrastructure, Tuzla can achieve greater efficiency, reduce costs, and create new economic opportunities for itself and its community.
The Sharing Economy and Private-Public Partnerships:
The success of DePIN solutions hinges on fostering strong private-public partnerships. In Tuzla, this collaboration will bring together ARAX Holdings Corp., the municipality, and the public to share resources, knowledge, and responsibilities. This shared economy model incentivizes residents and businesses to contribute to the city’s digital infrastructure, enhancing community engagement and ensuring the equitable distribution of economic benefits.
DePINs rely on tokens, like the Core Token, to power the network. The Core Token Utility solution acts as a reward for individuals and entities that contribute resources such as Lunaº Mesh, Wi-Fi hotspots, decentralized storage, and network data collection and management services. These utility tokens can also be used to pay for services within the Core Ecosystem, such as data access, cloud storage, and more, creating a self-sustaining ecosystem that drives continuous improvement and innovation.
Implementation Strategy
Technology Integration:
Establish a comprehensive Lunaº Mesh network to ensure seamless IoT connectivity across the urban landscape. Utilize ARAX BaaP for secure, decentralized operations, leveraging Core Blockchain technology for real-time data analytics and smart contract functionalities.
Pilot Operation:
Implement systems to monitor performance and dynamically adjust settings to optimize energy usage and light output based on environmental conditions.
Establish channels for continuous feedback from citizens and stakeholders to refine and adapt the project based on user experience and community impact.
Future Development:
Plan for the gradual integration of other smart technologies based on the success of the pilot project.
Emphasize the development of solutions that enhance environmental sustainability and urban livability.
Addressing Smart City Challenges
Data Privacy and Security: Integration of CorePass with ARAX’s digital management platforms ensures encrypted data transmission and storage, robust authentication protocols, and full compliance with international data protection regulations.
Inclusive, Shared Economy: Engage a local workforce for the installation and maintenance of the smart infrastructure, fostering local employment, and ensuring that economic benefits are distributed throughout the community.
Optimization for a Tuzla Data Economy: Utilize data collected from intelligent streetlights and other IoT devices to optimize municipal services such as traffic management, environmental monitoring, and public safety.
Summary
This PPP cooperation outlines a transformative approach to urban management and infrastructure development through the integration of advanced technologies in Tuzla. By leveraging ARAX’s innovative solutions, the pilot project aims to set a benchmark for smart cities, emphasizing sustainability, efficiency, and community involvement
The collaboration between ARAX Holdings Corp. and the municipality of Tuzla, supported by the involvement of the public, is essential for achieving the common goals of sustainability, efficiency, and innovation in urban development. This project is poised to set a global benchmark for future smart city initiatives.
For media inquiries, please contact:
Email Address: press@arax.cc
pennypauly
2 months ago
ARAX Sets a New Benchmark in Access Control Management with DePIN & Luna Mesh
Revolutionizing Industry Standards through Decentralized Infrastructure and Data Storage Networks
ARAX, a pioneer in blockchain integration, proudly unveils a transformative collaboration in technology that sets a new benchmark for decentralized infrastructure—melding Core Blockchain, Core Token, CorePass, Codetech, and Luna Mesh into a unified platform. Ockert Loubser, co-founder of the Core Blockchain Network, CEO of Codetech, and COO of ARAX, led today’s reveal, marking a significant stride towards embedding blockchain deeply into everyday business operations and life.
"Our approach is revolutionary, providing robust solutions that leverage the immutable ledger of Core Blockchain and Core Token Smart Contract Platform, enhanced by CorePass's identification capabilities," said Loubser. When integrated with IoT-based decentralized storage and Luna Mesh for peer-to-peer communications, this technology suite offers unprecedented security, transparency, and reliability for enterprise data management
Lunaº Mesh: Bridging the Gap in Communication Infrastructure
Lunaº Mesh elevates ARAX’s offerings by enhancing existing communication infrastructures, extending last-mile reach, and serving as a cost-effective method to broaden accessibility. This versatility is crucial for seamless integration with both decentralized storage frameworks and centralized data centers, acting as a critical fail-safe and strengthening the resilience of business operations against disruptions. Rastislav Vašicka, CIO/CTO of ARAX, emphasized the transformative impact of this technology: 'Let’s imagine a world without the internet, yet still connected through surges of data connections. Lunaº Mesh is achieving a new future of decentralized communication.'
Impact on Shareholder Value and Industry Applications
The adoption of cutting-edge technologies not only enhances operational efficiency but also increases shareholder value by introducing advanced business intelligence capabilities and improving infrastructure utilization. "By decentralizing enterprise infrastructures, such as access control systems, we significantly broaden our total addressable market. This shift paves the way for new market opportunities and exhilarates the adoption of decentralized solutions, including our Core Blockchain and its Ecosystem, fostering growth across diverse sectors," Michael Loubser, CEO of ARAX, explained. "Every element of our integrated system plays a crucial role, from the Core Blockchain, which forms the foundation of our transactions, to Luna Mesh's innovative network solutions that guarantee the security and authentication of every transaction and event," Ockert Loubser further elaborated.
Demonstration and Practical Application
Today’s session also included a live demonstration of an NFC card reader, decentralized through ARAX’s platform, showcasing the practicality and ease of integrating sophisticated blockchain technology into daily operations without the need for extensive hardware overhauls.
Looking Ahead: Pioneering the Future of Decentralized Solutions
As ARAX continues to push the boundaries of what's possible in decentralized technology, the potential for reshaping industries is immense. By enhancing transparency, security, and interoperability, ARAX is setting new industry standards for how data is managed and utilized, fostering a balanced ecosystem of supply and demand within DePIN. "Leveraging data as a strategic asset is about building consensus for transformative changes in processes, technologies, and the workforce that adopts them," explains Michael Loubser. He adds "Starting with clear priorities in both processes and technology allows leading enterprises to navigate and champion these changes effectively."
About ARAX
ARAX is a leader in the integration of blockchain technology with enterprise solutions, dedicated to transforming business practices with innovative, sustainable, and compliant digital infrastructure. ARAX's commitment to advancing the digital transformation landscape is evident through its continuous innovation and strategic integration of decentralized technologies.
For further information, please contact:
Media Relations
Email Address: press@arax.cc
Investor@arax.cc
Arax Holdings Corp
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