Ovenue and Amberoon form a strategic partnership to build AI and blockchain-based technologies for asset valuation, tokenization and monetization

Ovenue and Amberoon form a strategic partnership to build AI and blockchain-based technologies for asset valuation, tokenization and monetization
Ovenue and Amberoon form a strategic partnership to build AI and blockchain-based technologies for asset valuation, tokenization and monetization

(San Francisco and Cupertino, California, September 19 2022) – Ovenue Inc.a leading company in artificial intelligence (AI) solutions and blockchain technology for valuation, tokenization and real-time asset financing for businesses and financial institutions, today announced a far-reaching partnership with Amberoon Inc., which develops code-free risk, performance and asset management solutions for banks and credit unions, to create a wide range of products for the financial services industry. The alliance is designed to accelerate the adoption of AI and blockchain technologies in this vital sector.

Amberoon will leverage Ovenue’s predictive analytics and asset management capabilities to enhance the accuracy of asset valuation, tokenization, and monetization of financial instruments, particularly loan portfolios. To further change the financial services industry, the company will create efficient blockchain-based markets for asset transactions and monetization. With the new offerings, asset owners will have the ability to transform a variety of financial assets, including loans, into asset-backed digital products that can be licensed, sold and secured through a comprehensive asset valuation, ownership, tokenization and monetization system.

In 2022, Launched Ovenue is an AI and blockchain-powered valuation and funding infrastructure with over $400 million in tokenized assets (TAV). This included franchise agreements, trademarks, real estate portfolios, and life sciences patents. The platform now features an asset valuation and tokenization layer, a non-fungible token market (NFT) backed by assets for transactions, and a financing protocol to borrow and lend against these assets.

“Our burial is to collaborate with fellow innovators to bring new technologies to the financial services sector, and Amberoon is clearly a star in the field,” said Ram Shanmugam, CEO and Co-Founder of Ovenue Inc. Together to develop AI and Web 3 related products and services, we can enhance the valuation and monetization of financial assets by enhancing trust, removing friction from multilateral transactions, improving data management, and accelerating transactions.This is what AI and blockchain technologies can achieve, and we are proud to be at the forefront of this. transformation. We look forward to a long and fruitful partnership with Amberoon driving change in the financial services industry.”

Shirish Nitke, CEO and founder of Amberoon Inc., said: “We build on the foundation that the cloud is the bank, which is why our mission has always been to bring technology innovation without complex code to the corner of the industry that needs it most – banks. smaller and credit unions that technology has long neglected,” adding, “We are excited to collaborate with Ovenue on bringing the benefits of blockchain technology and Web3-based solutions to a wide range of effective solutions that best meet industry-specific priorities.”

About Ovenue Inc.

Ovenue is an AI-based technology and blockchain technology company for Valuation, Tokenization, and Monetization as a Service (VTMaaS), that provides asset owners and businesses with a comprehensive solution to value, tokenize, and monetize their real-world assets. Ovenue’s open API connects these assets to liquidity pools, enabling real-world borrowing and lending against secured assets.

About Amberoon Inc.

Ambron provides state-of-the-art risk management, performance management and asset management solutions to banks and credit unions. Amberoon’s solutions leverage advances in artificial intelligence/machine learning with a codeless SaaS model and a risk-based approach within a flexible compliance framework to reduce operational risk from financial crime.

additional information

This press release does not constitute an offer to sell or a solicitation To purchase any securities in any jurisdiction.

Notice regarding forward-looking statements

This press release contains forward-looking statements about the Company and its own business, which may include, but is not limited to, statements regarding the Company’s proposed business plan and other statements. Often, but not always, forward-looking statements can be identified by the use of words such as “will,” “intend,” “expect,” or variations (including negative variations) of such words and phrases, or state that certain actions , events or results “may,” “could,” “will,” “may” or “will” be taken, occur, or materialize. These statements are based on the current expectations of the company’s management. However, the forward-looking events and circumstances discussed in this press release may not take place on specific dates, may not occur at all, and may differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks related to the financial technology and securities industries and factors Economic, regulatory factors and stock markets in general, as well as the risks associated with growth and competition. Although the Company has attempted to identify significant factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actions, events or results to differ from those expected, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements are only effective as of the date they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

website: www.Amberoon.co

This is a paid press release. Cointelegraph does not endorse, is not responsible for, or be responsible for, any content, advertising, products or other materials on this page and does not guarantee its accuracy or quality. Readers should do their own research before taking any actions regarding the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in this press release.

The article is in Arabic

Tags: Ovenue Amberoon form strategic partnership build blockchainbased technologies asset valuation tokenization monetization

PREV The best gift for girls.. Check out the new prices for the Kia Exceed 2022
NEXT Pressure on the European Central to raise interest rates in the face of inflation