The nOCT technology represents a substantial advancement in the imaging of the brain’s vascular structures, offering high-resolution imaging to enhance diagnostic accuracy and enable more precise treatments. This holds great promise for improving outcomes for patients in need of cerebrovascular care.

The FDA’s decision to bestow breakthrough device designation is a crucial validation of the potential impact of nOCT in the medical field. This designation aims to expedite the development and review process for innovative medical devices, ultimately leading to faster access for patients and healthcare providers. It also provides support for reimbursement strategies, further facilitating the adoption of this cutting-edge technology.

In addition to the breakthrough device designation, Spryte Medical has also been chosen to participate in the FDA’s Total Product Life Cycle Advisory Program (TAP), which provides valuable guidance to enhance the quality and safety of innovative medical devices. This inclusion demonstrates the FDA’s commitment to supporting the development of nOCT and ensuring its successful integration into clinical practice.

As part of the TAP programme, Spryte Medical will have the opportunity to receive direct feedback and support, accelerating the journey of nOCT to the market. This collaborative approach aligns with the company’s commitment to driving innovation in healthcare and improving patient outcomes.

CEO David Kolstad expressed enthusiasm about the potential impact of Spryte Medical’s neuro OCT imaging platform, stating, “Our engagement with the FDA through the breakthrough device and TAP, highlights the potential of Spryte Medical’s neuro OCT imaging platform for patients with cerebrovascular disease. We look forward to working collaboratively with the FDA for the benefit of these patients.”

The nOCT imaging probe, integrated into a standard neurovascular workflow, utilizes a micro-optical fibre to enter the brain’s arteries, enabling internal imaging. This innovative platform consists of an optical module, an AI-powered console, and a specialized fibre-optic neuroendovascular probe designed to navigate the brain’s intricate vasculature.

Spryte Medical’s groundbreaking nOCT technology represents a significant leap forward in the field of neurointervention, offering new possibilities for the diagnosis and treatment of cerebrovascular disease. The company’s commitment to collaboration with regulatory authorities and dedication to advancing patient care positions it as a leader in the development of innovative medical technologies.

The post Revolutionary Breakthrough: Spryte Medical’s nOCT Technology Receives FDA Designation first appeared on The London Bell.

A pivotal feature of the bill is the revocation of donor anonymity, granting individuals conceived through donor contributions at the age of 16 and above access to the identity of their donor, even in circumstances where the original donation was anonymous. This retrospective transparency is intended to encompass all previous donations dating back to the advent of sperm donation in Queensland in the late 1970s or early 1980s.

Moreover, the bill seeks to establish a central registry, overseen by the Registrar of Births, Deaths and Marriages, to facilitate the retrieval of donor information. This initiative follows the endorsement of recommendations for retrospective transparency by the state Parliamentary committee in 2022, recognizing the significance of donor-conceived individuals in discovering their genetic lineage.

In addition, the legislation will institute stringent licensing requisites for IVF clinics, aligning with protocols observed in other Australian states. Health Minister Shannon Fentiman has pledged to enforce laws pertaining to the licensing of IVF clinics in response to recent accounts of medical oversights and unethical conduct within the industry.

Another notable dimension of the bill is the facilitation of posthumous retrieval of gametes, permitting incapacitated individuals under medical care to contribute to fertility treatments under specific conditions. These modifications are predicted to streamline the process and alleviate the challenges associated with posthumous gamete retrieval, guaranteeing the expeditious acquisition of viable gametes.

Furthermore, the bill will eliminate discriminatory clauses that impede access to fertility treatments based on sexual orientation and relationship status, representing a significant stride towards equality and inclusivity in assisted reproductive services.

The introduction of the Assisted Reproductive Technology Bill 2024 heralds a new epoch of transparency, accountability, and inclusiveness in the domain of IVF clinics and donor conception within Queensland. The all-encompassing nature of the legislation, encompassing provisions for donor identity, licensing prerequisites, and posthumous gamete retrieval, signifies a momentous progression for the state in governing assisted reproductive technology. Once enforced, the bill is poised to have a lasting impact on the landscape of assisted reproductive technology in the region.

The post The New Legislation on Assisted Reproductive Technology in Queensland | PET first appeared on The London Bell.

The fundamental concept of a blockchain revolves around its function as a digital database that organises data in a chronological order. These data blocks are interconnected, forming a ‘chain’, and the overarching structure operates in a decentralised manner, devoid of any involvement from third-party intermediaries.

Key components of blockchain include immutable records, distributed ledger security, and smart contracts. Immutable records ensure that once a transaction is added to the blockchain, it remains unalterable and cannot be deleted, thus enhancing the security and resistance to tampering.

Every time a new transaction occurs, a network of computers (or nodes) validate the data through intricate mathematical algorithms. Upon confirmation, the transaction is appended as a new block in the blockchain, thereby safeguarding the security and transparency of the entire system.

Blockchain technology extends beyond its conventional use in cryptocurrency transactions, finding application in banking, finance, healthcare, property registration, and electoral systems. Its secure and decentralised nature renders it an optimal choice for storage and management of sensitive data. Nevertheless, it is imperative to acknowledge the downside, such as the inability to recover any assets if the private key is lost, due to the decentralised nature of blockchain-powered transactions.

Advanced individuals proficient in coding and computer science have the capability to construct their own blockchain, affording them the opportunity to devise a customised cryptocurrency with tailored features, tokenomics, and functionalities. This undertaking may involve designing a blockchain from scratch, modifying an existing one, or building upon an existing model. However, it is an arduous and intricate process and not recommended for beginners.

In conclusion, blockchain technology has revolutionised the handling of digital transactions and data storage, emerging as a valuable asset in various industries due to its decentralised and secure attributes. Be it cryptocurrency exchanges, medical records, or property transactions, blockchain stands as a pioneering force shaping the future of digital transactions.

The post Understanding Blockchain: The Key to Digital Transactions and Beyond first appeared on The London Bell.

The company specialises in offering augmented reality (AR) and virtual reality (VR) technology solutions for the education sector, with a focus on K-12 and Career & Technical Education (CTE) markets in the US. Its primary offering is a proprietary hardware and software platform that provides an interactive, stereoscopic 3D learning experience without the need for VR goggles or special glasses. zSpace’s K-12 platform is currently in use in over 80% of the largest 100 K-12 public school districts in the US, with its CTE solutions deployed in approximately 73% of the public school districts it serves.

Established in 2006, zSpace reported a revenue of $44 million for the 12 months ending on March 31, 2024. This strong financial performance and widespread adoption of its educational technology solutions indicate a promising future for the company. With the increasing demand for innovative learning tools, zSpace is well-positioned to capitalize on the growing interest in AR and VR technology in the education sector.

With the IPO underway, zSpace aims to strengthen its position in the education technology market and expand its reach in the US and beyond. This strategic move not only demonstrates the company’s confidence in its offerings but also signifies its commitment to advancing learning experiences through state-of-the-art technology. Consequently, investors and industry observers are closely monitoring zSpace’s journey and eagerly awaiting the impact of its IPO on the education technology landscape.

The post zSpace Announces Terms for $15 Million IPO first appeared on The London Bell.

To directly address the concerns of its most affected customers, Delta has utilized email communications to extend an acknowledgement of the disruption, a sincere apology, and the offer of SkyMiles Program miles or a travel voucher as compensation. The airline has also provided guidance on how to submit unexpected expenses incurred due to the disruption for potential reimbursement in the same email.

The Delta team has been working tirelessly to mitigate the fallout from the episode. From airport staff to flight crews, and even those handling customer service channels, everyone has been dedicated to ensuring that customers receive the care and attention they need as the airline seeks to reposition its flight crews and aircraft following the disruptive events.

A spokesperson for Delta expressed regret for the inconvenience caused, emphasizing that flight cancellations are always a last resort and are not taken lightly. The airline deeply values the trust that customers place in them to provide reliable and high-quality experiences, and is fully committed to making amends for any inconvenience caused.

One of the critical steps taken by Delta has been to reach out to customers affected by flight cancellations, offering them various re-booking options. Notifications about delays and cancellations have been sent out to customers through the Fly Delta app and text messages. Additionally, Delta has made it possible for customers to manage their re-bookings online, through the airline’s website and the Fly Delta app. However, they have faced intermittent performance challenges due to high traffic volumes and are working hard to rectify the situation. It is important to note that Delta’s capacity to field service messages on social media platforms is currently limited.

Delta has clarified that they do not reimburse prepaid expenses such as hotel reservations, vacation experiences, lost wages, or event tickets.

Operational updates for July 19-21, 2024, are available on Delta’s website for customers seeking the latest information.

In conclusion, Delta Airlines is making significant progress in its recovery efforts following the recent technology issues. The airline has demonstrated a strong commitment to its customers and has taken proactive steps to mitigate the impact of the disruption. With up-to-date information available for affected customers, Delta aims to reassure its patrons of its steadfast dedication to delivering a top-tier travel experience.

The post Delta Soars Back After Technology Glitch Creates Turbulence first appeared on The London Bell.

The shortage of talent in the accounting industry has placed pressure on companies to find innovative solutions to their resource needs. According to a study conducted in late 2023, 78% of respondents anticipate an increase in the technological capabilities of their tax departments in the next three to five years.

Embracing technology is considered a viable approach to bridging this resource gap, however, many tax leaders struggle to find the time to research and manage these products, particularly when daily operations cannot be interrupted.

One approach to these difficulties is the implementation of tax technology and transformation solutions with the guidance of a professional team possessing the necessary technology, tax, and industry expertise for a successful integration. Through a collaborative approach with the company, a smooth transition can be achieved without hindering ongoing operations.

There are numerous ways in which tax departments can benefit from tax technology and transformation solutions.

Tax Technology Assessment and Consulting
Many tax departments still depend on manual calculations and work papers in an Excel-based environment. Tax technology experts can develop implementation plans customized to optimize a business’s tax function by identifying operational bottlenecks and providing innovative solutions to address these challenges.

Automating Tax Compliance Processes
Manual reviews of financial statements and trial balances can often be time-consuming and susceptible to errors. Tax technology experts can create automated validation solutions that streamline these processes, reducing the potential for errors and boosting productivity.

Tax Transformation Co-Sourcing and Outsourcing
Tax technology professionals provide various services, including comprehensive tax technology buildouts, standby support, project management expertise, co-sourcing, and outsourcing.

At CBIZ, our tax technology team has the expertise to address even the most complex tax challenges. We offer a unique combination of tax technology solutions and extensive tax and audit assurance knowledge for comprehensive support.

In conclusion, technology can play a vital role in addressing the resource gap faced by tax departments. By leveraging tax technology solutions, businesses can enhance efficiency, reduce costs, and elevate overall quality. It is imperative to collaborate with professionals who can provide tailored solutions to meet the unique needs of each business.

Copyright © 2024, CBIZ, Inc. All rights reserved. Contents of this publication may not be reproduced without the express written consent of CBIZ. This publication is distributed with the understanding that CBIZ is not rendering legal, accounting or other professional advice. The reader is advised to contact a tax professional prior to taking any action based upon this information. CBIZ assumes no liability whatsoever in connection with the use of this information and assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein. CBIZ MHM is the brand name for CBIZ MHM, LLC, a national professional services company providing tax, financial advisory and consulting services to individuals, tax-exempt organizations and a wide range of publicly traded and privately held companies. CBIZ MHM, LLC is a fully owned subsidiary of CBIZ, Inc. (NYSE: CBZ).

The post Maximizing Your Business Potential with Tax Technology Solutions first appeared on The London Bell.

According to Camp Director Christina King, the girls-only approach of Camp Infinity offers a distinctive opportunity for the participants to have greater control and ownership of their learning. She emphasizes that this setting allows the girls to fully concentrate on their interests in technology without being overshadowed by the boys’ interests, enabling them to fully take advantage of the program which is tailored specifically to them.

The overarching goal of Camp Infinity, as outlined by organizer Katina Clouter, is to inspire and motivate more girls to pursue careers in the technology sector. The Michigan Council of Women in Technology is dedicated to making Michigan the premier state in technology and is committed to achieving this by offering programs that specifically target and engage young girls, igniting their interest and passion for technology.

The week’s schedule at the camp includes an insightful panel discussion featuring female professionals currently working in the tech industry, providing the campers with the opportunity to interact with and learn from successful women in the field. The camp will conclude with the girls presenting their learning and achievements in a Friday presentation, allowing them to demonstrate the practical skills they have acquired during their time at Camp Infinity.

In conclusion, the girls-only Camp Infinity at Northern Michigan University not only provides a valuable learning experience, but also serves as a platform for girls to explore their interests in technology and robotics in a supportive and empowering environment. With the relentless efforts of organizations such as the Michigan Council of Women in Technology, Michigan is making significant progress towards becoming a leading state in the tech industry, with a clear focus on inspiring and nurturing the next generation of female tech leaders.

The post Empowering Girls in Tech: Michigan’s Girls-Only Camp at NMU first appeared on The London Bell.

Situated in northwest China’s Gansu Province, Dunhuang holds a significant place in history as a pivotal stop along the ancient Silk Road. The city is best known for housing the Mogao Grottoes, an awe-inspiring UNESCO World Heritage Site renowned for its extensive collection of Buddhist artworks. The digital exhibition allows visitors to explore and interact with this cultural treasure in an unprecedented way.

The innovative use of 3D modeling and VR technology enables visitors to step into the ancient world of the Mogao Grottoes, providing a vivid depiction of the intricate details of the site’s stunning Buddhist art and architecture. Visitors can gain a deeper understanding and appreciation for the historical and cultural significance of the grottoes as they virtually wander through the caverns and marvel at the intricate artwork adorning the walls.

The impact of this cutting-edge digital exhibition goes beyond visual engagement, as visitors have the unique opportunity to interact with the digital environment, capturing their experiences through interactive videos that serve as lasting memories of their virtual journey through the Mogao Grottoes.

Furthermore, the use of VR equipment enhances the immersive experience, allowing visitors to feel as though they have been transported back in time to explore the grottoes in person. The advanced technology creates a sense of presence and realism, elevating the concept of virtual tourism to new heights.

By harnessing digital technology in this manner, the exhibition is significantly expanding access to the cultural heritage of Dunhuang. Visitors from far and wide now have the opportunity to explore the wonders of the Mogao Grottoes, regardless of geographical limitations, thereby promoting cultural exchange and understanding on a global scale.

In an era where technology increasingly shapes our interactions with the world, the use of digital platforms to preserve and share cultural heritage is both innovative and impactful. The digital exhibition not only provides an immersive and educational experience for visitors, but also serves as a preservation tool, safeguarding the rich legacy of Dunhuang for future generations.

As the digital exhibition continues to captivate and inspire visitors, it stands as a testament to the power of technology in enhancing our cultural experiences. The fusion of ancient history with modern innovation has opened up new possibilities for exploring and celebrating the treasures of the past in a manner that is relevant and compelling to contemporary audiences.

In conclusion, the digital exhibition in Dunhuang is breaking new ground in cultural engagement, offering visitors a gateway to the past through the seamless integration of digital technology with ancient heritage. Looking to the future, it is inspiring to see how advancements in technology are reshaping the way we connect with and appreciate the marvels of our shared human history.

The post The Immersive Experience of Dunhuang Culture Through Cutting-Edge Digital Technology first appeared on The London Bell.

As revealed in a press release from the House Financial Services Committee, the bill will now progress to the Senate for further deliberation. This was also corroborated by the House Committee on Financial Services Republicans in a publication on X.

The bipartisan nature of the bill is apparent in its co-sponsorship, with Rep. Jim Himes, D-Conn. introducing the bill in the House and a companion bill in the Senate sponsored by Sens. Kirsten Gillibrand, D-N.Y. and Ted Budd, R-N.C. In an April 2023 press release, Nunn underscored the importance of establishing a working group comprising various federal government departments, intelligence agencies, private organizations and their innovation, as well as private-sector experts to effectively combat terrorism and illicit financing within digital platforms.

During the pre-vote remarks delivered to the House on Monday, which was shared in a video on YouTube, Nunn stressed the necessity for the working group to convene experts who can formulate legislative and regulatory proposals to combat anti-money laundering, address security risks, and prevent illicit financing activities in the United States.

In April 2023, the U.S. Department of the Treasury issued a report emphasizing the susceptibility of decentralized finance (DeFi) in enabling criminals to transfer and launder illicit proceeds. The report identified the failure of many DeFi services to implement anti-money laundering and countering the financing of terrorism (AML/CFT) obligations as one of the primary vulnerabilities.

Furthermore, the report highlighted other vulnerabilities such as the lack of coverage of some DeFi services by existing AML/CFT obligations, weak or non-existent AML/CFT controls in certain jurisdictions, and inadequate cybersecurity controls within some DeFi services.

The urgency of addressing illicit finance in the digital asset ecosystem was further underscored by reports linking cryptocurrency to the funding of illegal activities, such as the alleged use of crypto transactions by Hamas to potentially fund attacks on Israel. This highlights the need for effective measures to prevent the exploitation of digital platforms for illicit financing.

The passage of the Financial Technology Protection Act in the House signifies a pivotal moment in the ongoing efforts to combat illicit finance in the digital asset ecosystem. With the bill now set to be deliberated by the Senate, it is a critical juncture for stakeholders to unite and endorse measures that will safeguard the financial system from abuse and exploitation. The establishment of the Independent Financial Technology Working Group is a substantial stride towards enhancing security and preventing illegal activities within the digital finance space.

The post New Bill to Combat Illicit Finance in the Digital Asset Ecosystem Passed by House, Headed to Senate first appeared on The London Bell.

As revealed in a press release from the House Financial Services Committee, the bill will now progress to the Senate for further deliberation. This was also corroborated by the House Committee on Financial Services Republicans in a publication on X.

The bipartisan nature of the bill is apparent in its co-sponsorship, with Rep. Jim Himes, D-Conn. introducing the bill in the House and a companion bill in the Senate sponsored by Sens. Kirsten Gillibrand, D-N.Y. and Ted Budd, R-N.C. In an April 2023 press release, Nunn underscored the importance of establishing a working group comprising various federal government departments, intelligence agencies, private organizations and their innovation, as well as private-sector experts to effectively combat terrorism and illicit financing within digital platforms.

During the pre-vote remarks delivered to the House on Monday, which was shared in a video on YouTube, Nunn stressed the necessity for the working group to convene experts who can formulate legislative and regulatory proposals to combat anti-money laundering, address security risks, and prevent illicit financing activities in the United States.

In April 2023, the U.S. Department of the Treasury issued a report emphasizing the susceptibility of decentralized finance (DeFi) in enabling criminals to transfer and launder illicit proceeds. The report identified the failure of many DeFi services to implement anti-money laundering and countering the financing of terrorism (AML/CFT) obligations as one of the primary vulnerabilities.

Furthermore, the report highlighted other vulnerabilities such as the lack of coverage of some DeFi services by existing AML/CFT obligations, weak or non-existent AML/CFT controls in certain jurisdictions, and inadequate cybersecurity controls within some DeFi services.

The urgency of addressing illicit finance in the digital asset ecosystem was further underscored by reports linking cryptocurrency to the funding of illegal activities, such as the alleged use of crypto transactions by Hamas to potentially fund attacks on Israel. This highlights the need for effective measures to prevent the exploitation of digital platforms for illicit financing.

The passage of the Financial Technology Protection Act in the House signifies a pivotal moment in the ongoing efforts to combat illicit finance in the digital asset ecosystem. With the bill now set to be deliberated by the Senate, it is a critical juncture for stakeholders to unite and endorse measures that will safeguard the financial system from abuse and exploitation. The establishment of the Independent Financial Technology Working Group is a substantial stride towards enhancing security and preventing illegal activities within the digital finance space.

The post New Bill to Combat Illicit Finance in the Digital Asset Ecosystem Passed by House, Headed to Senate first appeared on The London Bell.