DataLabs Inc. Partners with Singapore-Based Construction-Related Service Provider RATEC Asia to Enter ASEAN Market

  

DataLabs Inc. has entered a partnership with RATEC Asia Pte Ltd. and will begin providing its 3D rebar inspection system "Modely" to construction companies in Singapore and the ASEAN region.

DataLabs Inc. has entered a partnership with RATEC Asia Pte Ltd. and will begin providing its 3D rebar inspection system "Modely" to construction companies in Singapore and the ASEAN region. DataLabs is a startup that provides products utilizing automated 3D modeling (Scan to BIM) technology, and RATEC Asia is a provider of sales and implementation support for specialized equipment and solutions in the construction industry in Asia.

1. Background and Purpose

Challenges in Singapore’s Construction Sites and Expectations for "Modely"

Today’s construction industry emphasizes sustainability and efficiency. The precast construction method, where building components are prepared in factories and assembled on-site, is gaining importance from the perspective of quality control and time reduction.

The demand for construction in Singapore has been on the rise in recent years, and the precast construction method has become more prevalent and widely used for various applications. However, this has also highlighted certain challenges. In particular, the current situation requires thorough inspections by specialized inspectors after the completion of rebar work. This often leads to inefficiencies in the inspection process, causing delays that frequently affect project timelines.

"Modely" is a system expected to address these challenges. It utilizes 3D data to capture comprehensive information and is the only 3D rebar inspection system capable of automatically registering design values using rebar BIM and conducting automated inspections by comparing with the as-built model. It will support thorough inspections and BIM utilization in Singapore and allow for remote inspections of rebar arrangements to ensure they meet design specifications without requiring inspectors to be on-site, resulting in benefits such as reduced timelines and improved quality.

2. Background and Purpose

Expansion of "Modely" in Singapore and the ASEAN Region

The construction industry in Singapore has been actively promoting digital transformation (DX) through collaboration with the government. The Building and Construction Authority (BCA) has made the use of BIM mandatory for design and delivery, indicating a strong foundation for the utilization of rebar BIM. Since the COVID-19 pandemic, the BCA has also been promoting remote inspections, and expectations for "Modely" have heightened toward achieving further digital transformation.

"Modely" received the Startup Encouragement Award at the 2023 Infrastructure DX Awards and has been adopted by over 100 companies, establishing a strong track record in Japan. Through its partnership with RATEC and collaboration with the BCA, the company aims to further accelerate the deployment of "Modely" across ASEAN countries. The company is working to register and standardize the system as a remote inspection tool for rebar inspections, with the goal of expanding not only within Singapore but also throughout the ASEAN region.

3. About RATEC

RATEC Asia Pte Ltd. was established in 2017 as a private limited company headquartered in Singapore. It is a member of the globally recognized RATEC Group, known for its magnetic formwork technology and other advanced precast concrete production solutions. The company has a strong foundation in wholesale and distribution of innovative solutions for the precast concrete industry and operates across numerous Asian countries. It offers various products and services that contribute to digital transformation (DX) in the construction industry.

4. Comment from RATEC CEO Raymond

When we first encountered Modely at CSPI 2024, it immediately stood out from other solutions we’ve seen. The ability to create precise 3D models simply by scanning with an iPad is incredibly appealing.

Experiencing Modely’s capability to accurately measure and document rebar spacing, we quickly recognized its potential as an invaluable tool for enhancing remote inspection and supervision, which could elevate these processes to new heights in Southeast Asia's Built Environment.

While Modely is still in its development and optimization phase in Southeast Asia, we’re confident that the team at DataLabs Inc. will continue to refine it, improving the user experience over time. This progress will be driven by end-user feedback, ensuring that together, we make Modely even better for everyone.

5. Comment from DataLabs CEO Tajiri

From the moment we met, RATEC understood Modely's values and spoke enthusiastically about our partnership in the ASEAN region. Through our multiple web and in-person meetings and discussions, we were able to build a strong relationship of trust in a short period of time. They are willing to work with us to develop the product by getting a variety of feedback, and I believe that we share the same mindset.

We are very excited to be partnering with RATEC, who are professionals in the construction industry and have established relationships with key stakeholders in the ASEAN region, and we look forward to further developing this partnership in the future.

This Press Release has also been published on VRITIMES

TON Network Achieves Fantastic Achievements, DOGS and Pavel Durov Effect?

  

Discover how TON Network is revolutionizing the blockchain world with DOGS token and Pavel Durov's influence. Dive into the full story now!

TON Network is gaining success. This network is said to be the most active blockchain in the crypto market. According to the @intotheblock account on social media X, TON is said to have had significant growth this year.

So, what is the reason for TON Network's recent success? Is it true that the arrest of Pavel Durov in Paris had an impact on TON? Check out the answer by reading this article to the end.

DOGS Airdrop Impact for TON Network

One of the coin memes that is causing a stir-holder crypto is DOGS. Since its launch at the end of August, DOGS has attracted the attention of many users and made a great contribution to the TON network.

As a result of the DOGS airdrop, the TON network saw an increase of 2.19 million unique wallets with active balances.

Not only about the DOGS hype, this memecoin is cool to look at. DOGS price reached its ATH in early September and currently continues to show promising increases and even indicates bullishness.

When this article was written, market DOGS to USDT   had increased by +3.11% so it was trading at $0.0010408. When compared to yesterday, DOGS did experience a price increase, but the DOGS RSI indicator line fell below 50, which means the selling trend is higher than the buying trend.

Is it True that Pavel Durov's Arrest Affected TON Network?

Simultaneously with the launch of the DOGS token, the Pavel Durov incident shocked the crypto ecosystem, especially loyal Telegram users. This Telegram CEO was suddenly arrested while at Paris airport and this arrest caused the price of several tokens on the TON network to decrease.

Right around the time of Pavel Durov's arrest on August 24, transactions on the TON network increased sharply. The average transaction reached a new record with 8.68 transactions a day on August 31.

This number surpassed the previous record on January 17 with 8.56 transactions in a day. And since Pavel Durov was appointed, transactions on the TON network have increased by 160%. To this day, the number of transactions on the TON Network continues to increase.

Impact of Increase in TON Network Transactions on TON Tokens

The fantastic increase in the TON network influences the price conditions of the TON token. When this article was written on September 12, price TON to USDT was $5.3863 with a gain of +2.25% in 24 hours. Previously, TON reached its highest price in 24 hours at $5.4487.

It's not just about rising prices, the RSI TON indicator also gives positive signals. TON's RSI line is at 62.84, which means there are far more TON buying transactions than selling transactions.

This positive trend is reflected in the TON MACD line which is moving up above its limit line. This indicates that TON may experience a bullish trend shortly.

If you want to check TON and DOGS prices in real-time, the Bitrue website can help you. You can even check the latest news about the crypto ecosystem so that you stay up to date with the various crypto projects that are being carried out.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES

DOGS Becomes Top 3 Crypto with 5+ Million Unique Holders, Competing with USDT and ETH?

 

As a new meme coin, DOGS's reputation is increasingly strengthening in the crypto ecosystem. DOGS becomes the top 3 crypto with the most unique holders. This number is considered fantastic because the tokens with more holders than DOGS are only USDT and ETH.

So, will DOGS continue to be successful in the crypto ecosystem? Is DOGS's performance worthy of long-term investment? This article will discuss it, especially for you. Watch until the end to learn about DOGS developments in the crypto ecosystem.

DOGS Latest Achievements

Recently, the TON community announced that as many as 17 million users claimed DOGS tokens. This achievement is quite impressive for a new meme coin like DOGS.

According to Tonviewer, more than 5 million wallets are holding DOGS tokens on the TON blockchain. With this amount, DOGS has become a meme coin with a fantastic number of unique holders.

With that many holders, DOGS can only be surpassed by USDT from Tether and Ethereum (ETH).

Throughout its existence, DOGS now has more than 53 million users on its mini app with more than 42 million users eligible for airdrop claims. 

With this achievement, the TON Community has more hope in Catizen and Hamster Kombat which is predicted to be able to compete with the success of DOGS now.

DOGS, Meme Coin Leader?

DOGS has many fans. Its release on crypto exchanges is much anticipated. However, the release schedule which coincided with the incident of Pavel Durov's arrest meant that the DOGS price performed beyond user expectations.

Crypto News Flash reports that DOGS is gaining tremendous traction among meme coins. It was recorded that as of September 10, DOGS had increased by 9%. Staking DOGS also attracts more and more users.

For additional information, you can get prize of 50,000 HMSTR tokens by staking DOGS on Bitrue. The requirements are very easy. You only need to verify KYC on your Bitrue account, make a deposit with a minimum nominal, then you can redeem at any time.

As of September 11, DOGS had declined by 4.63%. Now, DOGS is trading at $0.0010112. Previously, DOGS was at $0.0010855 as its highest price in the last 24 hours.

In the price chart above, the RSI line is at 46. A number below 50 indicates that the DOGS selling trend is higher than the buying trend.

However, DOGS holders can be a little optimistic about DOGS performance because the MACD line seems to be trying to rise upwards. It could be said that DOGS has the possibility of being bullish even though it is currently in the red.

Will DOGS Continue to Be Popular in the Crypto Ecosystem?

The important question now is, will DOGS continue to establish itself as a meme coin with strong value in the crypto ecosystem?

Since its inception, DOGS has become a favorite among Telegram fans and the TON Community. DOGS continues to be in demand even when Bitcoin and the majority of Altcoins experience price declines. 

When Bitcoin fell to $54,000, DOGS rallied with an increase of up to 16.5%. However, will this positive DOGS trend continue in the future?

Yang pasti, like any other cryptocurrency, DOGS is subject to various factors that can influence its price. Here are some of the key factors, such as:

1. Market Sentiment and Speculation

Positive news, hype, and fear of missing out (FOMO) can drive up the price of DOGS. Negative sentiment or news can have the opposite effect. Discussions and trends on social media platforms like Twitter and Reddit can significantly impact the price of DOGS.

2. Supply and Demand Dynamics

The distribution of DOGS tokens among holders can affect price. A concentrated ownership can lead to higher price volatility, while a wider distribution can stabilize the price. 

The availability of buyers and sellers in the market can impact price. Higher liquidity generally means more stable prices.

3. Technological Developments and Project Progress

Positive developments in the DOGS project, such as new features, partnerships, or milestones achieved, can boost investor confidence and drive up the price. Improvements in the DOGS blockchain's scalability and performance can enhance its utility and attract more users, potentially increasing the price.

Conclusion

That is information related to DOGS becomes the top 3 crypto with the most holders. The number of holders can only be surpassed by USDT and ETH, making DOGS a meme coin that is quite worthy of consideration at the moment.

You can read other information related to DOGS and various other crypto ecosystem news updates only on Bitrue. Only on the blog Bitrue, you can get the latest news related to cryptocurrency which can be read anytime and anywhere for free!

About Bitrue

About Bitrue Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

 

This Press Release has also been published on VRITIMES