The Bayes Wayra Accelerator - 1

 

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ABAKA is an award-winning Cognitive Financial Advice platform. We provide financial institutions, of any size, anywhere in the world, the software to thrive in the digital savings age.

We do this by building, delivering and supporting conversational AI technology to power affordable and accessible advice on pensions, savings, investments.

Problem

30m workers risk running out of money in retirement in the UK. Can we really accept that in

our modern society 80% of the working population won't be able to achieve the retirement they desire simply because they can't access any help or advice?

Solution

We provide financial institutions with AI that helps power affordable and accessible advice on pensions. This enables providers to become customer-centric and capture the digitally native customer across multiple channels.

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Helping organisations to check and verify the career history and backgrounds of job seekers using blockchain technology quickly and at low cost

The APPII team has extensive experience across multiple sectors.

- Adi, the brains behind the tech, is a renowned blockchain expert who has built a successful blockchain development consultancy.

- Brian is a senior executive who built and sold a staffing and recruitment firm and is a recognised expert in blockchain technology.

Problem

Performing background checks on prospective employees is costly, takes time and involves wasted effort. Background checks can take up to 8 weeks in certain industries, costing, on average, £100, and checks are unnecessarily repeated even though previous employers have undertaken them.

Solution

Pre-verify job seekers career history and easily capture the participation in life long learning via APPII mobile app. Utilising blockchain technology ensures that any verification of career history is only undertaken once.

Job seekers can reuse captured and verified information in subsequent background checks.

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Blockstar is a Blockchain payments technology company providing “second generation” wallet and smart contracts solutions for our clients.

Problem 

Current blockchain wallet and payment technology is not fit for mass consumer adoption. The broad consumer adoption of Blockchain based businesses has been slow, hindered by security concerns around payments, poor UI and poor mobile functionality.

These issues create significant friction in onboarding and scaling audience development for Blockchain based businesses.

Solution

Disrupt the existing payments marketplace by facilitating legacy businesses’ ability to engage with blockchain technology and cryptocurrencies.

The focus is on the development of our core, mobile first, licensable, smart contract and wallet technology. Ultimately we will seek to own the payments space with the mass adoption of our consumer wallet app.

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CogniHealth is altering the way carers look after people with dementia by enabling data-driven personalised care at home.

We are a cross-functional team of neuroscience, technology and business experts. Pooja and Giulia are neuroscientists contributing to product development and engagement with customers. Pranav has specialised in market assessment and analysis with a focus on the commercial potential of CogniHealth. We also draw on the expertise of our advisors from Cisco & Google, as well as our partnership organization; Alzheimer Scotland.

Problem

There are 50M people living with dementia (PwD) worldwide. Due to the nature of dementia, the care needs to be tailored, but there is a lack of support, resources and knowledge that carers face.

The carers struggle to access the right information at the right time.

Solution

Our vision is to transform the experience of living with dementia by developing digital tools that enable personalised care. We aim to contribute to a better disease understanding and improve the lives for all those affected by dementia allowing them to monitor and track disease progression and gain comprehensive insights through CogniHealth app.

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Edjo is a platform for real-time tracking and handling of plagiarism of digital content using blockchain and AI.

Our team has expertise in cutting-edge AI Technology, Enterprise-grade blockchain solutions, with a collective experience of working in multi-industry startups across Europe & Silicon Valley.

Problem 

Plagiarism in today's digital world is rampant! 64% of photographers get their work plagiarised annually, music industry loses over £9 billion pounds. Often this plagiarism is hard to know about because the current real-time tracking solutions don't exist, and reverse- search engines don't provide proof of ownership.

So who's the rightful creator? Where is their work being used? Why is the industry losing more than £12 billion annually?

Solution

1. A custom token-less blockchain database for immutable proof of ownership, creating an unbreakable link between a creator and their work.
2. Using a patent-pending self-learning AI web crawler to track the open internet to detect and report plagiarism in real-time. The accuracy of over 92% and is constantly improving.
3. The creator decides what step to take - enforce either attribution, royalties or removal.

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Modularity Grid, provides intelligent monitoring and control for applications within aerospace and electricity distribution networks.

Problem

Matching supply to demand in mini-grids, is costly and challenging, especially for mini-grids in low income communities, where consumers have diverse, evolving and sporadic energy consumption patterns.

Solution

Modularity Grid provides software for intelligent monitoring and control, to companies that operate mini- grids in low income communities, to make mini-grids a cost-effective means to deliver electricity that is stable and affordable.

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Urban Tide unlocks any city data from any source and with easy to use Artificial Intelligence makes cities better places.

UrbanTide team members have worked together for 6+ years and built a team with outstanding technical skills and a shared passion for making smart data. We met while bidding, planning and delivering Glasgow’s £24m smart cities programme (2012-2014) and formed UrbanTide in 2014. Since then we have worked with over 100 different organisations supporting them in their smart cities and data journeys. Our involvement in the creation and adoption of BSI and ISO standards has earned us trust to deliver innovative insights for our customers.

Problem

Our cities are broke. Years of austerity has taken a massive toll, fuel and child poverty are rising, and life expectancy is decreasing. But it doesn’t have to be this way! 88% of organisational data is never reused or analysed, we change this by unlocking and analysing this data. We concentrate on areas where significant revenue opportunities and efficiency savings can be realised

Solution 

USMART unlocks the power of data to help people and cities work better and smarter. Delivering real organisational value and transforming data into actionable insights using Machine Learning and AI. Our product vision is to develop repeatable AI data services that are super simple to use removing significant barriers to access AI functionality.

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Conversational Search. Delivering personalised answers to complex questions.

Problem

Bad advice is expensive. Just ask the banks who have put aside £4.3 billion to cover the cost of PPI.

The cost isn’t just financial. Bad medical advice can affect our health, while bad legal advice can impact our business. The truth is searching the web often gives us bad advice, because the search results simply aren’t tailored to our individual circumstances.

Solution

UB-OK use Machine Learning to replace search with a conversation that delivers personalised answers.

Understanding the enquiry and the context of the individual and connecting them to the right answer. Like the librarian, Conversational Search makes high- value information accessible and personalised.

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Vreo provides embedded in-game advertising solutions to monetize games better while securing transactions through use of blockchain and AI.

Problem

Ad fraud and ad blocking respectively account for over 12 billion USD lost each year respectively. | User backlash happens because of intrusive ad formats without any rewards.  Game developers need new and/or additional ways to generate revenue other than up front payment and in-game asset purchases. | Advertisers can't easily reach gamers, which are a highly interesting target group.

Solution

By using embedded advertising solution, developers can monetize games without interrupting the user experience, thus avoiding blockers, while gamers profit from participating in the ad cycle and advertisers are able to reach a highly interested target group with gamers. Plugins enable in-game advertising for all platforms, in addition to mobile our tech works on PC, console and VR/AR. Using machine learning, we can evaluate user interest to optimize which ads to deliver, while Blockchain secures every ad transaction, eliminating ad fraud.

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Blockchain thought leaders, we work with our clients to apply our SICCAR blockchain software saving time & money for business & government

Stuart Fraser co-founded Scotland’s first Cyber Security consultancy DNS Ltd in 1999, which sold to Dell in 2008. He was start-up CTO of MiiCard (now The IDCo.). He has a Masters (MSc) in High Performance Computing and CISSP and CESG Check and CLAS certifications.

Peter Ferry co-founded Microsoft Scotland ultimately leading Microsoft's Cloud and Partner programmes. He serves as Honorary Consul to the Republic of Estonia in Scotland and on the All Party Parliamentary Group on Blockchain at Westminster. 

Problem 

Multiple competitive parties struggle with working with each others’ digital systems because it leaves private enterprises and public organisations with an IT, transparency, security and trust gap. This has led to multiple data breaches as one IT system in a collective has failed.

Solution

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