Procreation and Interprefy partnership

Procreation and Interprefy partnership

Procreation are delighted to announce their new partnership with Interprefy

For twenty years Procreation has been providing clients with translation, captioning and sign language services. This has been for live, pre-recorded and edits of events across the full spectrum of hybrid, in-the-room and fully virtual. 

Over this time we have worked with a number of superb third-parties, seamlessly integrating their solutions into our range of products.

“With the steep rise in the demand for hybrid solutions and event apps, plus the adoption of inclusive event technology, it made perfect sense for us to formalise a long-term partnership – and Interprefy was the obvious choice.” Matt Francis, CEO

By integrating Interprefy into our multiple event offerings, we can offer a more modular, time and cost-effective solution to all of our clients – old and new.

If you need an event app, or a hybrid or fully virtual event solution that incorporates any translation solutions, get in touch today – we can definitely help!

More insights from the Procreation blog

How does Blockchain work?

How does Blockchain work?

Blockchain use cases are vast and varied, but to understand how blockchain works, and how useful it really is, we need to first look at the technology that surrounds it, and how this fits into the new emerging digital landsdcape. The term Blockchain is used daily in the media, but many individuals, and businesses, are uncertain what this technology does, how it can be used, and the impact it will have on our lives. Web3, NFT’s, cryptocurrencies and the metaverse are all part of the story, so here we dive into a few basics around this technology, how it will not only drive the next evolution of the internet, but change many aspects of our everyday lives.

What is blockchain?

Blockchain is a digital technology that allows for the creation of a secure and decentralized ledger of transactions. What does that mean? In a blockchain network, transactions are authenticated through a process called consensus. This involves multiple participants in the network, known as nodes, working together to verify and validate each transaction.

To authenticate a transaction on a blockchain network, the following steps are typically followed:

  1. A user initiates a transaction, which is broadcast to the network.
  2. The transaction is received by multiple nodes on the network.
  3. Each node independently verifies the transaction, ensuring that it is valid and complies with the network’s rules and regulations.
  4. If a transaction is deemed valid by a majority of the nodes, it is added to a block of transactions, along with a unique code called a “hash.”
  5. The block is then added to the existing blockchain, forming a permanent and immutable record of the transaction.

This process of consensus ensures that transactions on the blockchain are secure and cannot be altered or tampered with once they have been added to the blockchain. It also ensures that the network is decentralized and not controlled by any single entity.

Blockchain is often used in the context of cryptocurrencies, such as Ethereum and Bitcoin, and NFTs (which we go into in a moment), but it has many other potential uses. Some use cases for blockchain technology include:

• Financial transactions: Blockchain can be used to securely record financial transactions, such as the transfer of money or other assets. This can help to reduce fraud and improve the speed and efficiency of financial transactions.

• Supply chain management: Blockchain can be used to track the movement of goods through a supply chain, providing a transparent and immutable record of each step in the process. This can help to improve the efficiency and accountability of the supply chain.

• Identity management: Blockchain can be used to create secure digital identities, which can be used to verify the identity of individuals or organizations online. This can help to reduce identity fraud and improve the security of online transactions.

• Voting: Blockchain can be used to create secure and transparent voting systems, allowing for the secure and transparent recording of votes. This can help to improve the integrity and trustworthiness of elections.

• Medical records: Blockchain can be used to securely store and manage medical records, providing patients with greater control over their personal health information and allowing for more efficient sharing of this information among healthcare providers.

virtual networking

What is an NFT and how are they used?

NFTs, or non-fungible tokens, are a type of digital asset that is created on a blockchain network. They are unique and cannot be replicated or replaced, which makes them valuable in many different contexts.

One of the key ways that NFTs are used with blockchain technology today is in the creation and trading of digital collectibles. These are unique digital assets, such as art (check out Bored Ape Yacht Club) , music (such as Royal), virtual items (for example Gucci Vault Land and Gucci Town), and virtual real estate (one example being Ethereum Towers), that are authenticated and verified on the blockchain. This allows for the creation of a secure and transparent marketplace for these assets, where they can be bought and sold by fans and collectors.

Another common use for NFTs is in the creation of decentralized finance (DeFi) applications. NFTs can be used as collateral for loans or other financial transactions, providing a unique and verifiable asset that can be used to secure these transactions.

A growing area for NFTs is as digital tickets for events. Instead of physical tickets, event organizers create unique NFTs for each attendee. These NFTs are then used to verify the identity of the attendee and grant them access to the event or series of events. As well as making event ticketing more efficient, this also helps reduce fraud and improve overall security.

NFTs in events can also be used as digital souvenirs or collectibles. Event organizers can create unique NFTs to commemorate the event, and these NFTs can be sold or given to attendees as a way of remembering the event. This helps to increase engagement and create additional revenue streams for event organizers.

The use of NFTs with blockchain technology allows for the creation of unique and verifiable digital assets that can be traded and used in a wide variety of contexts.

virtual networking

How does this work in relation to Cryptocurrencies?

One well-known blockchain brand is Bitcoin, which is a cryptocurrency that uses blockchain technology to securely record and verify financial transactions. Bitcoin was the first successful implementation of blockchain technology, and it remains one of the most well-known and widely used cryptocurrencies today. Other well-known blockchain brands include Ethereum and Solana, which are popular platforms for building decentralized applications, and Ripple, which is a blockchain-based payment network. There are also many other blockchain companies and projects, each with their own unique features and applications.

While Cryptocurrencies are not in themselves NFT’s, they can be used in conjunction with NFTs in a few different ways, including:

1. Decentralized financial applications

NFTs and Crypto can be used together in the creation of decentralized financial applications. NFTs can be used as collateral for loans or other financial transactions, and these transactions can be facilitated using Ethereum or other cryptocurrencies. This can help to create a more secure and efficient financial system, and can enable new types of financial services.

2. Digital assets collectibles

Another way that NFTs and Cryptocurrencies can be used together is in the creation of digital collectibles. As we have mentioned above, NFTs can be used to authenticate and verify the ownership of unique digital assets, such as art, music, virtual items, tickets for events and in some cases virtual real estate. These assets can then be bought and sold using Ethereum or other cryptocurrencies, creating a secure and transparent marketplace for these assets.

The use of NFTs and Crypto together has the potential to offer many benefits, such as increased security, improved efficiency, and the creation of new types of digital assets and financial services.

virtual networking

What is Web3 and how is it used?

Web3, also known as the “decentralized web,” is a term that refers to the use of blockchain technology to create decentralized applications and services. It has widely been acknowledged as the next iteration of the internet, leading us into a new way to experience the digital world, beyond the two dimensional websites and apps of today. The metaverse is a series virtual worlds, accessed via a browser or through VR (virtual reality) and AR (augmented reality) experiences. These are predominantly being built in Web3, and although still at a very early phase, it is widely thought these platforms will become the primary way in which we interface with Web3 applications.

Web3 applications can be used to improve various aspects of business, and some potential use cases for Web3 include:

• Supply chain management: Web3 applications can be used to create decentralized supply chain management systems, allowing businesses to track the movement of goods through the supply chain in a transparent and immutable manner. This can help to improve the efficiency and accountability of the supply chain.

• Financial transactions: Web3 applications can be used to create decentralized financial services, such as peer-to-peer lending platforms and decentralized exchanges. These applications can offer greater security and transparency compared to traditional financial services, and can help businesses to reduce costs and improve the speed of transactions.

• Data storage and management: Web3 applications can be used to create decentralized data storage and management systems, allowing businesses to store and manage data in a secure and decentralized manner. This can help to improve the security and accessibility of business data, and can enable businesses to comply with data protection regulations.

The use of Web3 in business has the potential to offer many benefits, such as increased security, improved efficiency, and enhanced transparency.

virtual networking

Should my company be using blockchain?

There are several potential reasons why a company might want to use blockchain technology. Some of the key benefits of using blockchain include:

Increased security: Blockchain technology offers a high level of security, as it uses advanced cryptography to protect the integrity of the data stored on the network. This can help to prevent data breaches and other security incidents, making it an attractive option for companies that handle sensitive information.

Improved efficiency: Blockchain technology can help to improve the efficiency of many business processes, such as supply chain management and financial transactions. This can help to reduce costs and improve the overall performance of company operations.

Greater transparency: Blockchain technology allows for the creation of transparent and immutable records of transactions, which can help to build trust and improve accountability.

Enhanced customer experience: The use of blockchain technology can improve the customer experience, for example by making financial transactions faster and more secure. This can help to build customer loyalty and drive business growth.

Overall, the use of blockchain technology can offer many potential benefits for companies. However, it is important to carefully evaluate the potential costs and benefits before implementing any new technology, to ensure that it aligns with your company’s goals and objectives.

In conclusion

As you can see, the potential applications for blockchain are vast and varied, with many technologies involved to create new and exciting use cases. The technology is constantly evolving, and it is likely that we will see more and more creative and innovative uses emerging which will make blockchain even more powerful as a tool for businesses in the future.

Procreation builds immersive 3D worlds for workplace solutions, virtual and hybrid events.

Contact us to find out how we can help you embrace the Web3 and Metaverse future.

More insights from the Procreation blog

What is a Virtual Event and how does it work?

What is a Virtual Event and how does it work?

What is a Virtual Meeting?

A Virtual Meeting is an event on the internet that guests can register for and attend in real-time.  Participants can watch presentations and participate in Q&A.  Here we answer the most common questions about Virtual Events; what is a Virtual Event and how does it work?  What does a Virtual Event entail?  Find out more below…

Where can a Virtual meeting be staged?

A Virtual Meeting can be staged in a hotel conference room, client office or from our studio. We have easily transportable equipment which we travel with anywhere in the world, at simultaneous venues as required.

Do I need to film my presenters?

No, all presenters can video call into to our studio where we broadcast the Virtual Meeting from, ensure ever presentation and all slides are in the correct order, just as with a F2F real live event.

Can we have panel discussions with questions and answers?

Yes, absolutely.  That is one of the key advantages of staging a Virtual Meeting over a regular one way Webcast or live stream.  Guests can comment from their smart phone or laptop and the presenters can appear in the meeting together to answer and discuss questions just as if it were a face to face live event.

Virtual Event panel discussion

Do I need a fast internet connection?

We recommend at least 2Mb up and down as a minimum, and good WiFi helps have the best experience.

Will the stream fail if there are internet connection problems?

No, every live Virtual Meeting is streamed across multiple connections so if one fails the other will continue which provides us with 99.9% uptime across all our events. Of course we cannot guarantee your internet connection but most standard broadband services are pretty reliable today.

Virtual Events internet connectivity

How much does it cost?

We have a selection of packages specially built to provide the best value for your requirements. Due to the nature of each event requiring its own unique support please get in touch so we can provide you with the best solution for your business.

Can it be custom branded?

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Virtual Event custom branding

Is it interactive?

Every Virtual Event is highly interactive with questions, polling, whiteboards, role play, recording, 1:1 video chat so everyone can participate anywhere in the world using a mobile phone, iPad or computer.

Does it have to be live?

A Virtual Meeting is usually scheduled to happen live at a certain time like a regular live event, but often it will include prerecorded videos and presentations.

What do I need to do to record my presentation before the meeting?

We provide support and guidance on how best to prepare your live presentation or record your presentation.  Find out more here.

Can presenters stream slides and video simultaneously?

Yes!  Absolutely.  We provide live streaming services to all of our clients who need this.

Can people present from different locations around the world?

Yes, most of our events are truly global with contributions from EMEA, the US and APAC.  Anyone can present using their laptop live or a prereorded presentation can be played.  In some instances we send out camera equipment and crews dependent on the requirements of your event.

Virtual Events environment

Can I attend a Virtual Meeting on my mobile?

Yes, you can join and take part in a Virtual Meeting on mobile or an iPad although for the best experience we recommend using a laptop or desktop computer.

How do I join a Virtual Meeting?

You will be sent an invite link to log in via a browser.  No software or downloads are required to join our Virtual Events.  We operate Virtual Events on a number of platforms, depending on the client’s requirements (including our very own Cloudpresenter platform.)

How long will it last?

An event can be as long or as short as is required, running to a live agenda just as a regular face to face event would do.  We have run events for 24hrs straight across all time zones and other events can last less than an hour!

Can you scale up or down to fit budgets?

Yes we always provide the best solution to fit our client’s requirements being aware of available budget.

Is a Virtual Event secure?

We provide the highest level of security across all our events.  Most of our clients are healthcare and financial organisations, so security and data privacy are a key of our entire approach to each event.

What happens to the presentations after the event?

We can record and provide these files after the event, or more commonly we host them on demand on the Virtual Meeting site for anyone to watch at their liesure.

Want to know more about why Virtual Meetings can help your business grow?  Get in touch with Procreation today.

Book a time with one of our team to discuss your next project

More insights from the Procreation blog