{"id":12620,"date":"2024-11-26T00:52:27","date_gmt":"2024-11-26T00:52:27","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/11\/26\/seaweed-consultancy-renewed-focus-on-blockchain-carbon-credits-and-ai-to-drive-rd-program\/"},"modified":"2024-11-26T00:52:27","modified_gmt":"2024-11-26T00:52:27","slug":"seaweed-consultancy-renewed-focus-on-blockchain-carbon-credits-and-ai-to-drive-rd-program","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/11\/26\/seaweed-consultancy-renewed-focus-on-blockchain-carbon-credits-and-ai-to-drive-rd-program\/","title":{"rendered":"Seaweed Consultancy Renewed \u2013 Focus on Blockchain, Carbon Credits and AI to Drive R&amp;D Program"},"content":{"rendered":"<\/p>\n<p>The Board of <strong>BPH Global Ltd<\/strong> (ASX: BP8) (Company), is pleased to advise the re-appointment of Gaia Mariculture Pte Ltd (Gaia Mariculture) as the manager of the Company\u2019s research and development programs (R&amp;D Programs). Pursuant to the renewed consulting agreement, the Company\u2019s wholly owned, Singapore-based subsidiary Stemcell United Pte Ltd (BP8 Singapore) has engaged Gaia Mariculture as a to manage the BP8 Group\u2019s R&amp;D Programs (Consulting Agreement). <\/p>\n<p><strong>Highlights<\/strong><\/p>\n<p>Blockchain technology: focus on sourcing and deployment of blockchain technology to facilitate:<\/p>\n<p>biological integrity and sustainability of seaweed cultivation and processing; and<br \/>\nthe development of an accreditation methodology for the issue of blue carbon credits<\/p>\n<p>Artificial Intelligence technology (AI): Continued focus on AI to enhance critical mineral and nutraceutical identification and extraction<br \/>\nEssential Mineral and Nutraceutical extraction: Fermentation and Phycomining techniques to unlock essential minerals and nutraceuticals<br \/>\nBiohydrogen Extraction: Production of biohydrogen\/biogases as a natural by-product of fermentation<br \/>\nCommercialisation: commercialisation opportunities to drive R&amp;D strategies<br \/>\nConsultancy Agreement Renewed: two (2) year agreement with Gaia Mariculture<br \/>\nExpanded R&amp;D role: Gaia to conduct R&amp;D and to oversee out-sourced R&amp;D projects <\/p>\n<div><\/div>\n<p><strong>Consulting Agreement<\/strong><\/p>\n<p>Pursuant to the Consulting Agreement, Gaia Mariculture will provide:<\/p>\n<p><strong>Out-sourced Research<\/strong>, being the R&amp;D that has been or will be outsourced by or on behalf of the BP8 Group to a third party to be conducted by that party under the supervision of Gaia; and.<br \/>\n<strong>In-house Research<\/strong>, being the R&amp;D to be undertaken directly by Gaia. <\/p>\n<div><\/div>\n<p>Out-sourced Research comprises the following services which the BP8 Group is seeking to out-source to third parties:<\/p>\n<p><strong>Sourcing, development and deployment of Blockchain technologies<\/strong>: sourcing, development and\/or acquisition of blockchain technologies and their deployment to:<\/p>\n<p>provide biological integrity and traceability and to promote sustainable farming of seaweed; and<br \/>\nenable the measurement of carbon capture and storage by seaweeds to facilitate the creation of an accreditation scheme for the issue of blue carbon credits;<\/p>\n<p><strong>AI Genetic Algorithm<\/strong>: continued development of an AI generated genetic algorithm to enable machine determination of variations in seaweed genomes to be applied to seaweed breeding and gene editing;<br \/>\n<strong>AI-enhanced extraction<\/strong>: development and deployment of AI driven imaging technology to further enhance essential mineral identification and isolation so as to increase the effectiveness of phyto-hydrometallurgical techniques to extract essential minerals from seaweed; and<br \/>\n<strong>Additional scope<\/strong>: any additional or related service relating to a project outsourced to a third party reasonably requested by the BP8 Group and agreed by Gaia from time to time.<\/p>\n<p><strong>Click here for the full ASX Release<br \/><\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Board of BPH Global Ltd (ASX: BP8) (Company), is pleased to advise the re-appointment of Gaia Mariculture Pte Ltd (Gaia Mariculture) as the manager of the Company\u2019s research and development programs (R&amp;D Programs). Pursuant to the renewed consulting agreement, the Company\u2019s wholly owned, Singapore-based subsidiary Stemcell United Pte Ltd (BP8 Singapore) has engaged Gaia [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":12621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-12620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/12620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=12620"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/12620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/12621"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=12620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=12620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=12620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}