How Young Sauropod Dinosaurs Shaped the Food Chain in the Morrison Formation

A recent research study by palaeontologists at University College London reveals that the long-necked giant hatchlings of the past frequently became prey to various carnivores, including the iconic tyrannosaurus rex.



A reconstruction of the Late Jurassic ecosystem at the Dry Mesa Dinosaur Quarry, approximately 150 million years ago in Colorado, USA. Image credit: Sergey Krasovskiy / Pedro Salas.

“Adult sauropods, such as diplodocus and Brachiosaurus, were larger than modern blue whales,” Dr. Cassius Morrison from University College London explains.

“The ground trembled when they moved. Yet, their eggs were merely a foot in diameter, taking years for the hatchlings to mature.”

“Given their immense size, it was challenging for adult sauropods to tend to their eggs without causing damage, suggesting that, like today’s baby turtles, young sauropods did not receive parental care.”

In this groundbreaking study, Dr. Morrison and his team examined fossils from the Morrison Formation dating back 150 million years and developed a detailed map of the ecosystem’s food web.

The fossils were sourced from a single site, the Dry Mesa Dinosaur Quarry, renowned for its rich assortment of dinosaur remains over a span of up to 10,000 years, including at least six sauropod species: diplodocus, Brachiosaurus, and Apatosaurus.

To analyze the dietary habits of these prehistoric creatures, paleontologists utilized various data, including dinosaur size, tooth wear, isotopic composition of remains, and, in some cases, fossilized stomach contents revealing their last meals.

With advanced software typically used in modern-day ecosystems, they visualized the intricate food web, mapping the interconnected relationships between dinosaurs, other fauna, and flora with unprecedented detail.

The findings underscored the significant ecological roles sauropods played, highlighting their closer associations with plants and animals compared to other major herbivorous dinosaur groups, such as the ornithischians (like the armored stegosaurus), which presented more formidable predation risks.

“Sauropods had a transformative influence on their ecosystems,” noted Dr. Morrison.

“This research provides a quantifiable measure of their ecological impact.”

“By reconstructing the food web, we can more effectively compare dinosaur ecosystems across different geological periods.”

Scientists suggest that the eventual decline of sauropods, which acted as readily available prey, may have influenced evolutionary adaptations in predators like tyrannosaurus rex, such as increased bite force, size, and enhanced vision. Moreover, larger and more dangerous creatures like triceratops evolved, possessing formidable defenses with their three large horns.

During the late Jurassic period, apex predators like Allosaurus or torvosaurus might have had easier access to food compared to their contemporaries like tyrannosaurus rex, according to Dr. William Hart, a paleontologist at Hofstra University.

“Fossils of Allosaurus display severe scars from encounters, including those inflicted by the spiky tail of a stegosaurus. Some injuries healed, while others did not,” he elaborates.

“However, an injured Allosaurus may have been able to survive due to the abundance of vulnerable young sauropods as easy prey.”

The team’s research findings will be published in the Bulletin of the New Mexico Museum of Natural History and Science.

_____

Cassius Morrison et al. 2026. “Size is No Accident Here”: A Novel Food Web Analysis of the Dry Mesa Dinosaur Quarry and Ecological Implications for Sauropod Fauna of the Morrison Formation. Bulletin of the New Mexico Museum of Natural History and Science

Source: www.sci.news

Hackers Allegedly Breach Kido Nursery Chain, Exposing Photos of 8,000 Children

Approximately 8,000 names, photos, and addresses of children were allegedly taken from the Kido Nursery chain by a group of cybercriminals.

According to the BBC, these criminals are demanding ransoms from companies operating 18 sites in London, as well as additional locations in the US, India, and China.

The hackers also accessed details about the children’s parents and caregivers, claiming they were securing notes. They reached out to several individuals by phone, employing tactics associated with the Frightor.


Kido has been approached for comment but has yet to confirm the hackers’ assertions. The company has not released an official statement regarding the incident.

A nursery employee informed the BBC that she had been made aware of the data breach.

The Metropolitan Police indicated that they were alerted on Thursday “following reports of ransomware attacks on a London-based organization,” adding that “enquiries are ongoing and remain in the initial phase within Met’s cybercrime division. No arrests have been made to date.”

A spokesperson for the Intelligence Committee office stated that “Kido International has reported the incident to us and we are currently assessing the provided information.”

Many organizations have experienced cyberattacks recently. The Cooperative reported a £80 million decline in profits due to a hacking incident in April.

Skip past newsletter promotions

Jaguar Land Rover (JLR) was unable to assemble vehicles at the start of the month following a cyberattack that compromised their computer systems.

As a result, the company had to shut down most systems used for tracking factory components, vehicles, and tools, impacting their luxury Range Rover, Discovery, and Defender SUV sales.

The company has since reopened a limited number of computer systems.

Quick Guide

Please contact Guardian Business about this story








The best public interest journalism depends on firsthand accounts from informed individuals.

If you have any insights on this topic, confidentially reach out to the business team through the following means:

Secure Messages in Guardian App

The Guardian app features a tool for sending tips about stories. All messages are encrypted and embedded within routine uses of the Guardian app, ensuring no one can detect your communication with us.

If you haven’t installed the Guardian app yet, download it (iOS/Android), navigate to the menu, scroll down, and click Secure Messaging. Choose Guardian Business when prompted about whom you wish to contact.

SecureDrop, Instant Messenger, Email, Phone, and Mail

If you can safely access the TOR network without being detected, you can send messages and documents to the Guardian through our SecureDrop platform.

Lastly, our guide at theguardian.com/tips provides various secure communication methods while discussing their respective advantages and disadvantages.


Illustration: Guardian Design / Rich Cousins

Thank you for your feedback.


Source: www.theguardian.com

Apple’s global supply chain undergoes strain with Trump’s new tariffs

In 2018, when President Trump initially implemented tariffs on China, Apple shifted production of iPads and Airpods to India and Vietnam from China. However, with Trump’s return to the White House, this strategy may have backfired for the tech giant.

Trump recently announced tariffs of 46% on Vietnam and 26% on India, which could significantly impact Apple’s business. This is in addition to the existing 20% tariffs on products imported from China, which is where around 90% of iPhones are manufactured.

The proposed tariffs could increase Apple’s costs by $8.5 billion annually, affecting the company’s profits and potentially leading to a 7% decrease in earnings next year.

Apple’s shares dropped 5.7% after Trump’s tariff announcements, signaling concerns for the company’s financial outlook.

Other high-tech companies like Google and Microsoft may also be impacted by these tariffs, affecting businesses beyond Apple. Trump’s broader trade strategy includes imposing tariffs on all countries that tax US exports, further complicating the global trade landscape.

Despite previous efforts by Apple’s CEO Tim Cook to forge a relationship with Trump and avoid tariffs on Apple products, the company now faces significant challenges due to the new tax policies.

After Trump took office, Apple made promises to invest in the United States, but the new tariffs could impact these plans. The company has diversified production beyond China, with moves to India and Vietnam.

Apple’s efforts to expand production in India and Vietnam may face challenges, especially with the recent tariff implications. Despite previous success in avoiding tariffs on certain products, Apple now faces a more complex trade environment.

Apple’s shift in manufacturing to India and Vietnam was aimed at diversifying production and tapping into new markets. However, challenges like skilled labor and supply chain issues have hindered these efforts.

Despite the hurdles faced in US manufacturing, Apple continues to explore opportunities in different countries. The tech giant remains focused on innovation and growth, navigating the ever-changing global trade landscape.

Source: www.nytimes.com

Public Mainnet Launch by Nibiru Chain Includes Listings on Four Major Exchanges: Blockchain News, Opinion, TV, Jobs


Tortola, British Virgin Islands, March 12, 2024, Chainwire

Nibiru Chain, a developer and user-centric Layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out by providing a secure and efficient environment for building high-performance decentralized applications. It features a robust smart contract ecosystem that provides superior throughput and unparalleled security, making it the go-to platform for builders of gaming, real-world assets (RWA), NFTs, DeFi, and more.

Empowering users with a rich ecosystem

At launch, Nibiru Chain will offer a wide range of features to the community and prospective builders. Users can participate in staking with NIBI validators and participate in decentralized governance. Nibiru Chain also introduces competitive Web3 gaming through: chess 3, players can learn the game of chess and participate in tournaments hosted by communities, streamers, or brands to earn rewards. Additionally, Nibiru Chain supports NFT minting and trading. drop space protects the “.nibi” namespace through Nibiru ID and provides real estate opportunities. coded assets.

Nibiru Chain rewards developers with a portion of transaction fees from smart contracts, fostering innovation by providing built-in value generation. In addition to providing developers with tools to build applications, Nibiru Chain introduces a super chain that includes perpetual, spot, swap, and stablecoin functionality. These features provide huge opportunities for dApps to expand and integrate with DeFi. The Super Chain initiative aims to provide a seamless retail trading and investment experience and is designed to serve users across over 40 blockchains.

Nibiru’s strategic vision for 2024

Nibiru Chain’s major initiatives include the rollout of the Genesis NFT collection and expansion into the APAC region, initially focused on South Korea, China, India, Japan, Vietnam, and Thailand. Central to Nibiru Chain’s mission is the initiation of parallel optimistic execution that enables the simultaneous processing of multiple independent transactions.

The launch of Nibiru Chain marks a major step towards increasing blockchain scalability by bridging gaps across the blockchain landscape. Nibiru is designed to remove barriers that have isolated applications and users within the ecosystem and provide both users and developers with an intuitive and easy entry point to a more fully connected Web3. Masu.

Additionally, Nibiru Chain plans to announce details of an upgrade that will enable full compatibility of the Ethereum virtual machine and ensure further interoperability with Ethereum-based dApps. This integration lowers the barrier to entry for Ethereum developers and facilitates a smooth transition to Nibiru Chain’s more efficient and cost-effective Layer 1 solution, making the cryptocurrency more accessible to the general public and more user-friendly. Be friendly.

About Nibiru

Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem with superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly smart contract ecosystem, by innovating at each layer of the stack: dApp development, infrastructure, consensus, comprehensive development toolkit, and value generation. We will lead the way towards the mainstream introduction of

Website | twitter | linkedin | telegram | discord

contact

PR/media inquiries
media@nibiru.org

Source: the-blockchain.com

Nibiru Chain Raises $12 million in Funding to Further Develop Developer-Focused L1 Blockchain

Dallas, Texas, February 5, 2024, Chainwire

Nibiru Chain, a general-purpose layer 1 blockchain, has successfully closed its latest funding round, securing $12 million in preparation for an ambitious growth phase. Venture investments include funding from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital.

“Nibiru has taken all the best-in-class technology and research developed over the past few cycles and crammed it into the best new chain we've ever analyzed. Built-in development toolkit, easy-to-use API , language SDK, and is optimized for developers using native Oracle. MV Capital couldn't be more excited to partner with Nibiru as it moves to a new level of cryptocurrency adoption. – Tom Dunleavy, CIO and Partner at Master Ventures Capital

Nibiru’s community sale on CoinList sold out its initial allocation of $3 million in 9 minutes. His additional $3 million extension also sold out within 11 minutes. Ultimately, the sale earned 842% of the pre-funded excess interest and attracted 42,713 registrants and over 5,000 buyers of NIBI, the network's staking and utility token.

Onboarding next-generation blockchain applications

Nibiru Chain stands out for its innovative technology and developer- and user-centric focus. Key partners expressed their enthusiasm:

“We look forward to supporting the distinctive Layer 1 model designed by Nibiru, which allows for maximum interoperability while incentivizing developers and users through smart contract loyalty mechanisms. Core primitives are being built in parallel with the core foundation to enable functionality.” – Brandon Gath, Managing Partner, Kraken Ventures

This is the perfect platform for developers who prioritize security and performance. Boasting 40,000 transactions per second (TPS), 1.4 seconds block time, and robust security, Nibiru Chain's versatility spans multiple sectors including real-world assets (RWA), gaming, DeFi, and more. Developers build on her Nibiru Chain with confidence, leveraging CosmWasm smart contracts to enhance security and ease of use with EVM.

Additionally, developers can leverage Nibiru’s “Development Gas” royalty mechanism to ensure a sustainable model for long-term growth. The core of Nibiru Chain is to create the best environment for developers and users.

“Nibiru's integrated super application, native oracle, and data indexing greatly reduce the difficulty of technical choices for Web3 projects, while reducing the likelihood of security incidents. Increased trust, which in turn increases the growth and prosperity of the Nibiru ecosystem. – Allen Su, General Partner, ArkStream Capital

Looking to the future – Nibiru Chain’s 2024 roadmap

In 2024, Nibiru Chain aims to expand its ecosystem. Key developments include gamified engagement airdrops, integration with major liquidity centers, listing on multiple top-tier centralized exchanges, implementing parallel optimistic execution, and achieving full EVM compatibility. , includes several initiatives.

This is the year when Nibiru Chain’s flagship dApps are scheduled to launch, including Nibi-Perps, Nibi-Swap, and NUSD. These releases will be major milestones in his Nibiru Chain's journey towards a user and developer-centric platform.

About Nibiru Chain

Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem with superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly smart contract ecosystem, and by innovating at each layer of the stack (dApp development, infrastructure, consensus, comprehensive development toolkit, and value generation) is leading the way in implementing Web3.

For more information, please visit: Nibiru.fi

Follow Nibiru Chain on Social

contact

media
Nibiru Chain
Media@nibiru.org

Source: the-blockchain.com

“Merlin Chain receives investment to propel ‘Bitcoin Native’ innovation” – Blockchain News, Opinion, TV, Jobs

Chainwire, New York, USA, February 5, 2024

Merlin Chain, native Bitcoin Layer2, announced Funding round from 24 investors including OKX Ventures, ABCDE, Foresight Ventures and Arcstream Capital.

Merlin Chain provides a native scaling solution that integrates the ZK-Rollup network, a decentralized oracle network, and an on-chain BTC anti-fraud module. We are committed to enhancing Bitcoin's native assets, protocols, and products at Layer 1 and making Bitcoin fun again.

Merlin Chain is built by Bitmap Tech, a top-notch OG team with a collective market capitalization of over $500 million. BRC-420”blue boxBitmap Tech's collection has become one of Ordinals' most popular assets, rising from a registration cost of $0.15 to an ATH floor of $34,000, reaching the third-largest market capitalization behind BAYC and CryptoPunks.

Bitmap Tech, the team behind Merlin Chain, has been a strong believer in Bitcoin for many years and is very passionate about developing the Bitcoin ecosystem, rather than servicing other ecosystems. Through its work, it aims to bring more users and assets to Bitcoin. Bitcoin name.

This raise will allow the team to continue to strengthen its ecosystem and increase overall liquidity. So far, Merlin Chain has built a strong DApp ecosystem and plans further expansion.

Merlin Chain plans to launch its mainnet this week. After launch, Marlin Chain plans to host numerous staking events and distribute governance tokens through a “fair launch” with the aim of rewarding real users and builders.

About Marlin Chain

Merlin Chain is a Bitcoin Layer2 that integrates the ZK-Rollup network, decentralized oracle network, and on-chain. BTC Anti-fraud module. Merlin Chain is committed to powering Bitcoin's native assets, protocols, and products on Layer 1 through the Layer 2 network to make Bitcoin fun again. Merlin Chainis is a subsidiary product line of his OG team, Bitmap Tech, whose collective market capitalization exceeds $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of Ordinals’ most popular assets.

Users can start following Merlin Chain twitter For further updates.

contact

jeff
marlin chain
bitmap@bitmap.tech

Source: the-blockchain.com

Introducing Merlin Chain: A Native L2 Solution for Blockchain News, Opinion, TV, and Jobs

New York, USA, January 31, 2024, Chainwire

This week, the long-awaited Bitcoin L2 solution Merlin Chain went live on testnet, with mainnet expected to launch within a month.

Bitcoin network congestion dilemma and scaling solutions

The evolution of Ordinals over the past year has brought renewed attention to the Bitcoin ecosystem after a long period of time. While increasing the excitement in the Bitcoin ecosystem, it is also increasing the depletion of network resources. Increasingly high transaction costs, combined with the rising price of Bitcoin itself, are further congesting the network and discouraging new users from getting interested in Bitcoin.

(Bitcoin daily average transaction fee $: YCharts)

The idea of ​​developing an EVM-compatible L2 network has been recognized as the first to yield results because the implementation path is simple.

Merlin Chain is also one of the EVM-compatible L2 chains and is developed by Bitmap Tech (formerly Recursiverse), the team that built the BRC-420 protocol and Bitmap.game, and is highly sought after by the community due to the team's past success. It is highly rated.

BRC-420

The BRC-420 protocol supports arbitrary file format combinations/recursion to form more complex inscriptions. Character images, game scripts, virtual machines, AI models, and more can all become Bitcoin assets.

Its core asset, Blue Box, has risen from a registration cost of $0.15 to an ATH floor price of $26,000, while other assets such as Minerals and Dis Song About NFT are the most actively traded on the OKX market. It's one of our assets. Today, we have over 1000 developers and 600+ collections, and our prices are only going up, not down, and we've been performing great even in bear markets.

bitmap games

Bitmap.Game is a fully on-chain, fully decentralized, and fair-launched Metaverse project. It is based on the digital matter theory underlying Bitcoin and is open sourced to be run or verified by any client, reflecting the concept of “client agnosticism” in a fully on-chain game.

During this time, Bitmap's market cap rose from $3 million to an ATH of $290 million. With over 30,000 owners, Bitmap has surpassed Sandbox as the metaverse asset with the most owners across all blockchains.

Unleash Bitcoin's potential with innovative magic

Merlin Chain believes that L2 for Bitcoin means more than just cheap transfers or the availability of DApps, it also means further innovation that unlocks Bitcoin's potential through native assets, users, and protocols. I think it should be something.

For example, how to create games based on bitmaps so that bitmap users can participate in different metauniverses at low cost, since bitmaps are fully decentralized assets. Or for DeFi protocols based on BRC-420, how to authorize NFTs and FTs in both directions. For Inscription Minting, we will discuss how to mint his L1 assets on L2 in a more cost-effective and flexible manner. Rather than replicating how Ethereum works, only these “Bitcoin-native” innovations can continue to power the ecosystem.

So far, Merlin Chain has built a strong DApp ecosystem, effectively addressed liquidity concerns, and plans further expansion.

Efficient and secure scaling with ZK-Rollup

Diverse ecosystems and assets also mean higher throughput requirements and some safety risks. To solve this problem, Merlin Chain adopted ZK-Rollup. This allows you to compress large numbers of transaction proofs into simple checksums, improving transaction efficiency and scalability.

Merlin Chain's sequencer nodes are responsible for collecting and batching transactions, generating compressed transaction data, ZK state roots, and proofs via zkEVM. Compressed transaction data and ZK proofs are uploaded to Bitcoin L1’s Taproot via the decentralized Oracle network and made available across the network, ensuring transparency and security.

Decentralized Oracle network nodes are required to stake $BTC to prevent inappropriate activity. Users can start challenging her ZK rollup based on compressed data, ZK state roots, and ZK proofs. If the challenge is successful, it will be rolled back to the last verified state and the Oracle node will lose its locked $BTC, ensuring the security and reliability of the system.

Through the integration of these technologies, Marlin Chain has demonstrated superior technical capabilities and is on track to build an efficient and secure native Bitcoin L2 solution.

Native integration – Merlin Chain’s Bitcoin-centric approach

Compared to other Bitcoin L2 attempts currently being attempted, one of the key features of Merlin Chain is that it is “Bitcoin native.”

Merlin Chain, which has been a strong believer in Bitcoin for many years, is very passionate about the development of the Bitcoin ecosystem, and rather than providing services to other ecosystems in the name of Bitcoin, Through my work, I aim to bring more users and assets to Bitcoin. Therefore, Merlin Chain appreciates the native nature of Bitcoin in its ecosystem of projects and users.

Additionally, Merlin Chain supports most of the major Bitcoin L1 protocols, including BRC-20, Bitmap, BRC-420, Atomicals, SRC20, and Pipe. All inscriptions on L1 will be automatically whitelisted by Merlin Chain, allowing users to trade safely and affordably.

In line with its pursuit of “Bitcoin Native”, Merlin Chain plans to adopt BRC-20 as its governance token. This makes much more sense than the other Bitcoin L2, which currently uses the Ethereum standard token as its governance token. Tokens will be released through a fair launch, with a 48-month release period that does not start within two years, with the exception of a portion that will be distributed to VCs and teams, to prove the interests of teams and investors. Trust in Marlin Chain.

Bridging the Gap – Simplifying Bitcoin Adoption and Accelerating Growth

Another tricky issue for Bitcoin ecosystem builders is the lack of new users and new capital. Ordinals continues to do well, but the number of active addresses has not increased significantly. It's the same group of people involved in different projects. The fundamental reason for this is Bitcoin's complexity. Not only does it require downloading a Bitcoin wallet, writing is also not very easy, the user has to spend at least 2 blocks of time writing, while for confirmation he has to spend 3 blocks of time , which is complex and complex. it takes time.

(Daily active Bitcoin address: Glassnode)

Marlin Chain solves this problem. Currently, Marlin Chain is connected to 40 Ethereum chains, so even users who are not familiar with Bitcoin can use familiar wallets such as Metamask and familiar assets such as stablecoins, $ETH, and $BNB. Masu. . Interact with Marlin Chain. A user doesn't need to know the principles behind Bitcoin, or even what BRC-20 or Atomic is, before he can experience Bitcoin the way it was meant to be in a familiar way.

To this end, Merlin Chain plans to integrate the first multi-chain writing DApp. This will allow users to write assets to other layers, including Bitcoin L1 on Merlin Chain. Only one block of time is required to wait. At the same time, the Launchpad is also available on the Marlin chain, with a mechanism that every inscription fired on it is rated at 100,000 FDV, and more users will be able to use the BRC-20/ BRC-420 You will be able to easily purchase assets such as /. Atomic/Runes at a very low price. Additionally, as part of its decentralization efforts, Merlin Chain plans to release most of its governance tokens to the community.

Users should stay tuned for the upcoming mainnet launch. The future of Bitcoin is about to unfold with Merlin Chain at the helm.

About Marlin Chain

Marlin Chain is a Bitcoin Layer2 that integrates the ZK-Rollup network, a decentralized oracle network, and an on-chain BTC anti-fraud module. Marlin Chain is committed to powering Bitcoin's native assets, protocols, and products on Layer 1 through the Layer 2 network to make Bitcoin fun again. Marlin Chain is a subsidiary product line of Bitmap Tech, his OG team of top-notch players with a combined market capitalization of over $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of Ordinals’ most popular assets.

Users can start following Marlin Chain twitter For further updates.

contact

jeff
marlin chain
bitmap@bitmap.tech

Source: the-blockchain.com

Stealth Mode Omniful Raises $5.85 million in Funding for Supply Chain and E-commerce Startup

A startup that realizes supply chain and e-commerce, omnifulltoday announced a $5.85 million venture led by VentureSouq with participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, RZM Investments, and several family offices including Al Rasheed, Siraj Holding, Al It emerged from stealth with seed funding. Bawardi, Al Nafea.

The UAE and Kingdom of Saudi Arabia (KSA)-based startup builds systems for ordering, warehousing, and transportation management to help sellers leverage hyperlocal and omnichannel commerce to efficiently manage orders, allowing you to manage your inventory in real time. It also allows third-party logistics providers (3PLs) to efficiently manage workflows.

Mostafa Abolnasr, co-founder and CEO of Omniful, told TechCrunch that most retail companies are faced with the challenges of coordinating different sales channels, managing inventory flow, inventory accuracy, and picking and fulfillment times. He said the pain points for traders inspired him and Alankrit Nishad. If you have experience in e-commerce, get started. In addition, market research has shown that traditional software does not meet customer needs, is difficult to scale, is expensive, and takes time to implement, Abornsah said.

“We started with a vision to reimagine the technologies used today and in the future to operate supply chains, hyperlocal omnichannel retail, and e-commerce. We basically had to rethink every feature based on first principles and focused absolutely on four pillars: speed, accuracy, scale, and efficiency,” said Abornasr, adding that small sellers He added that he was also keen to reach out to the public.

“We’re looking at it from an impact and issue release perspective.”

Omniful emerges from stealth with a $5.85 million seed to give merchants and third-party logistics providers the tools to scale e-commerce

Omniful provides merchants and third-party logistics providers with solutions that include tools for insight. image credits: Omniful

Large enterprises and small merchants using the technology will be able to leverage a variety of sales channels, reduce labor costs per store, and reduce fulfillment times by up to 40% and 70%, respectively.

Initial customers for Omniful’s globalized products include major retailers and third-party logistics providers in several markets, including Saudi Arabia and the United Arab Emirates.

Abornasr said the company’s technology can process a minimum of 3 million orders per day per customer, making it suitable for customers seeking growth. This also sets the stage for growth plans that include expanding the customer base in other parts of the world, including Africa and India, where R&D centers are located.

“We believe Omniful has its own wide range of applications and offers a lot of space to run. Here in MENA [Middle East and North Africa], the concept of trading is embedded in our history. There is a well-established tradition of excellent retail franchises in the region and Omniful will strengthen that and give us a competitive edge in an increasingly dynamic environment,” said Tammer Qaddumi, General Partner of VentureSouq. says Mr.

“Omniful is universal, adaptable, and global, and has already found use in several large markets. We truly believe that it is a borderless solution that can also serve as an integrator.”

Source: techcrunch.com