April 2018 Monthly Report
April 2018: Monthly Report
4th April: Richard Biggs and Robert Cooke met with German Automobile company for a meeting in Berlin, Germany.
On 4th April, Cube held a meeting with a major German Automobile company in Berlin, Germany. We agreed to follow up the discussion in near future.
17th April: Signed a Joint R&D Contract for Big Data Application with MG Non-Life Insurance Co. Ltd.
We signed a contract with MG Insurance, a company with total asset of 3.2 billion USD, collaborating a joint R&D for Big Data application. We are currently discussing future insurance products utilizing CUBE’s data, and insurance products specifically for P2P Car-sharing.
18th April: Spring Meet up.
On 18th April, CUBE hosted a Spring Meet up, held at Seoul Intercontinental Hotel, Seoul, Korea. The meeting presented our current business report and future plans, followed by the Q&A session with the contributors.
18th April: Richard Biggs Inaugurated as CEO.
Richard Biggs was inaugurated as Global CEO of CUBE Intelligence.
18th April: Announcement of Blockchain-based Car-sharing Business
CUBE has decided to participate in P2P Car-sharing. This Blockchain-based P2P Car-sharing will aid increase the demand for CUBE token. We decided to further increase the demand for CUBE token, AUTO, through launching the Big data application, Car-sharing, and Security businesses.
20th April: Presented 4 Research papers in CUBE’s special session, hosted by Korean Institute of ITS Conference.
Research on CUBE’s security platform based on blockchain was presented at a special session in Korean Institute of ITS Conference 2018. The Korean Institute of ITS held a conference on the subject ‘SMART CITY’, and companies including CUBE, SK Telecom, LG Electronics, Naver along with government agencies including Korea Expressway Corporation and The Korean Transport Institute were actively involved in the Smart City transportation research. Smart City is a large-scale project that has been budgeted more than 500 billion Korean Won (approximately $470 million USD) by the Korean Government.
23rd April: Consultation in progress with Korean Government-affiliated Research organization.
28th April: Invited to give a special lecture on Blockchain Security at Samsung Electronics.
On 28th April, CUBE was invited to give a lecture on Blockchain Security by the Samsung Electronics’ executives.
30th April: Signed a joint MOU with Dual’s Namsung.
CUBE’s collaboration with Dual’s Namsung, a company that supplies Smart Keys to Mercedes Benz. Namsung is listed on KOSPI and holds 100% of Dual Electronics Corporation, US. Dual is a global company founded in Germany 1927 and is currently leading the automotive market in North America. (https://en.wikipedia.org/wiki/Dual_(brand))
The two companies decided to jointly implement 3 main projects:
1. Development enterprise combining Dual's Smart Key technology (Mercedes Benz's supplier) and Cube's Blockchain technology.
2. Business to produce, collect and sell data through CubeBox in North America.
3. Car-sharing Business in North America.