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XPO Logistics utilizing Virtual Reality to train its less-than-truckload employees

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In Augmented Reality and Virtual Reality News

January 8, 2021 – XPO Logistics, Inc. (XPO), a global provider of transportation and logistics solutions, has recently announced the successful pilot of its virtual reality (VR) training for its less-than-truckload (freight shipments that don’t require the entire space of a truck) employees in North America. The solution integrates XPO software with Oculus for Business headsets, and will be tested at additional less-than-truckload (LTL) service centers in the coming weeks.

The company’s use of virtual reality for LTL training follows its deployment of augmented reality at key logistics sites, where headsets guide employees during inventory picking. In LTL, VR is used to train cross-dock workers in the optimal method of loading freight for delivery.

Mario Harik, Chief Information Officer of XPO Logistics, said: “Less-than-truckload is the latest area of our business to benefit from bringing a virtual experience into our physical operations. Our North American LTL cross-dock operations load about 25,000 trailers daily. VR is an efficient way to ensure great outcomes for our customers and the XPO employees who serve them.”

XPO’s LTL training creates a virtual cross-dock environment to demonstrate effective loading procedures that can protect customer freight from damage. Employees learn how to make the best use of their time and the company’s fleet, while taking safety into account.

With the initial VR pilot complete, XPO stated that it has identified potentially significant benefits for its LTL business, including:

  • Higher productivity, lower waste and fewer errors in cross-dock and driver operations;
  • Enhanced safety and efficiency, due to the elimination of training-related travel and fewer in-person interactions overall;
  • Better knowledge retention through a repeatable 3D experience that enables the employee to master key tasks through repetition; and
  • Shorter ramp-up times for new employees to reach target productivity levels.

According to XPO, the company is expecting to expand its use of VR into other areas of the business, such as diversity and inclusion training and remote selling.

XPO Logistics is one of the largest global logistics providers of supply chain solutions. The company operates as a highly integrated network of people, technology and physical assets in 30 countries, with 1,605 locations and more than 100,000 employees. For more information on the company, please click here.

Image credit: XPO Logistics

About the author

Sam Sprigg

Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he covers news articles on both the AR and VR industries. He also has an interest in human augmentation technology as a whole, and does not just limit his learning specifically to the visual experience side of things.

Source: https://www.auganix.org/xpo-logistics-utilizing-virtual-reality-to-train-its-less-than-truckload-employees/

Blockchain

Dogecoin pumps by 90% amid WallStreetBets drama

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The Reddit community WallStreetBets’ drama with main street hedge funds has now permeated the cryptocurrency sector with Dogecoin’s price pumping by 90% in a matter of hours. This surge has contributed to DOGE nearing its old ATH on the charts.

Dogecoin has been in mainstream media due to a host of reasons, some of which include viral TikTok videos or tweets from Elon Musk. In fact, the aforementioned surge might continue if Elon Musk decides to join the party as is customary.

WallStreetBets & Dogecoin

WallStreeBets’ name has been popping up all over the mainstream media lately as a bunch of “memers” who have all longed the most-shorted stock GME [GameStop]. This has sent the stock prices of GME hurtling, with the same up by over 880% in one week, at the time of writing.

What’s interesting about the surge in GME’s stock is that Melvin Capital, a hedge fund reportedly at the center of all the GME shorts, has covered its short position. Not only has this contributed to losses in the billions, but this has led to main street traders/hedge funds crying foul too.

With the drama over GME stocks unfolding before our eyes, a Twitter user with the screen name “WSB Chairman” tweeted,

This tweet was met with replies from many of the market’s cryptocurrency enthusiasts, many of whom were left out of the WSB drama. Accordingly, many started spamming different altcoins. However, among these altcoins, Dogecoin has been the one to rise to the surface and grab the most attention of the lot.

The result? Well, Dogecoin had pumped 85% in 90 minutes, at the time of writing.

Source: DOGEUSDT TradingView

A look at DOGE’s charts would suggest that perhaps, a few whales caught the scent of what was about to happen and jumped on the bandwagon too. In fact, two pseudonymous traders RookieXBT and CoinMamba posted long positions, well before the pump actually began.

What next for Dogecoin?

With Elon Musk already on the WSB bandwagon, it wouldn’t be surprising if he tweets about the current Dogecoin pump. If this takes place, then there will be no holding Dogecoin back. Levels to keep an eye out for include – $0.0159 and $0.0183, both price-points that stand at the 78.6% and 100% Fibonacci levels, respectively.

Source: https://ambcrypto.com/dogecoin-pumps-by-90-amid-wallstreetbets-drama

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Blockchain

Mystery surrounds bizarre class-action lawsuit against Ripple over $48 loss

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The Ripple community is at a loss to explain the motivation behind a class-action lawsuit filed by Florida man Tyler Toomey against Ripple Labs and Ripple CEO Brad Garlinghouse over a $48.56 loss.

In November 2020, Toomey purchased 135 XRP tokens at $0.724 each for a total value of $97.80. Following news of another lawsuit against Ripple in Dec that year, Toomey sold his investment for $49.24, suffering a loss of almost 50%. He’s now launched a class action costing eight times more in filing fees than the loss he claims to have incurred.

According to the Middle District of Florida website, where the lawsuit was filed, the cost of filing a civil action is $402.

Adding to the general weirdness of the case the amount demanded by Toomey is $5,000,001,000 and the Magistrate presiding over the case shares his unusual surname — Magistrate Judge Joel B. Toomey.

The filing states that the class-action is on behalf of Toomey (the plaintiff, not the magistrate), “and all others similarly situated against Defendants Ripple Labs,” so it’s possible his motivation is to merely enable other investors to take similar action.

Toomey is also seeking “injunctive relief” due to the amount of XRP held by the defendants which the filing claims, “they can continue to monetize, while creating substantial risk to investors.”

The Ripple community don’t seem to know what to make of the case, with some having taken offense while others believe it a joke. One Twitter user offered $200 in XRP for Toomey to drop the lawsuit.

New Jersey attorney Jess Hynes suggested the law is at fault for enabling such malarky.

“This stuff is going to keep happening and you can blame Congress and the SEC for it. @RepMaxineWaters refused to do her job last session. Let’s hope she does it this go around.”

Ripple is currently trading at $0.25, down 4% in the day, suggesting few investors are taking this lawsuit to heart.

Source: https://cointelegraph.com/news/mystery-surrounds-bizarre-class-action-lawsuit-against-ripple-over-48-loss

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Blockchain

Australia’s eSafety Commissioner touts blockchain as a solution to trolls

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Australia’s eSafety Commissioner Julie Inman Grant has suggested a blockchain-powered ID solution could help tackle cyber abuse and trolling while allowing users to maintain a level of anonymity.

Speaking to New South Whales media outlet The Sydney Morning Herald, Grant said that while anonymity was beneficial for general online use, people hiding behind anonymity online to harm others remained a big problem in society. She said blockchain-powered digital IDs could help strike a balance by hiding user’s details unless requested by law enforcement.

Inman Grant stated that:

“There’s more that they can do in terms of their intellectual capability, their access to advanced technology, their vast financial resources, to come up with better systems to identify who’s on their platforms and violating their terms of service.”

Ms Inman Grant worked at Microsoft during the 1990s and was involved in shaping the controversial Section 230 of the Communications Decency Act in the U.S. which provides social media companies with immunity from liability for user content.

Facebook and Twitter’s decision to deplatform former U.S. President Donald Trump following the riots on the U.S. Capitol highlighted the difficulties social media companies face in balancing the desire to protect the public from harmful content while allowing freedom of expression and opinion.

Blockchain-based pseudonymity could play a part in helping users feel comfortable expressing themselves while enabling the authorities to take action against users inciting violence or harassing others.

The use of blockchain technology to develop digital ID solutions is being trialed by companies in numerous countries around the world including Japan, Korea, U.S., and China.

Japanese firm Layer X is building an electronic voting solution using blockchain technology for digital ID in partnership with xID.

Blockchain-based ID has also been explored by Ontology as a tool to improve its in-car payment solutions, such as automatic insurance claims in the event of an accident.

In an effort to bring a degree of normality back to the tourism and travel industry after COVID-19, technology companies including ShareRing have developed blockchain-based tracing systems that also double as a traveler’s digital passport and proof-of-health.

Adoption of these solutions is increasing with one million South Koreans opting into a blockchain-based drivers license solution only four months after it was launched. According to Statista, this represented more than 3% of the entire driving population for that country.

Source: https://cointelegraph.com/news/australia-s-esafety-commissioner-touts-blockchain-as-a-solution-to-trolls

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