B2B News for Thursday, August 11, 2022: More Electronic Vehicle Charging Stations, New Tool to Protect Decentralized Finance Blockchains

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Indigo Park Canada has been granted over $2.4 million CA by the federal government to install of 500 Level 2 EV chargers in its owned, leased and some of its managed parking facilities across British Columbia, Alberta, Manitoba, Ontario, Quebec and New Brunswick. The installations will be complete by March 2024.  

The grant comes from Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program. Indigo’s matching investment brings the total project cost to over $4.8 million.

“We’re making electric vehicles more affordable and charging more accessible where Canadians live, work and play,” said the Honourable Jonathan Wilkinson, Minister of Natural Resources. “Investing in more EV chargers, like the ones announced today, will put more Canadians in the driver’s seat on the road to a net-zero future and help achieve our climate goals.”

More information: https://www.nrcan.gc.ca/energy-efficiency/transportation-alternative-fuels/zero-emission-vehicle-infrastructure-program/21876

Hackless has designed a comprehensive security platform to protect the decentralized finance (DeFi). The product works at the infrastructure level of EVM-compatible blockchains to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem.

The platform has three core services:

  • Watchdog – A mempool monitoring tool which tracks suspicious transactions 
  • SafeMigrate (B2B) – A service which ensures that funds can be successfully migrated from a paused DeFi protocol that is being attacked
  • Conductor (B2C) – A private mining provider that ensures the safe and undetectable migration of user’s funds from compromised wallets

“The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such,” said Serhii Androsiuk, Co-founder and CEO of Hackless. “Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.”

Press release: https://www.newswire.com/news/hackless-pioneers-b2b-b2c-security-tool-for-defi-saving-nearly-500-000-21792718

With lay-offs and labour shortages happening in tandem, it’s a good time for all workers to re-visit the fundamentals of negotiations.

Practical advice comes from Rellie Derfler-Rozin, an associate professor of management and organization at the University of Maryland’s Robert H. Smith School of Business.

“The goal is to learn how to get to a place where you are happy with the negotiation outcome, and your partner is also happy with the outcome and wants to negotiate with you further in the future,” said Derfler-Rozin. “This is an invaluable skill in the dynamic business environment, in which reputation builds very quickly and is very important to maintain.”

Derfler-Rozin, who has extensively researched and taught about effective negotiating, has three tips for effective negotiations.

Don’t have a zero-sum mindset.

Don’t think about negotiations as a ‘fixed pie,’ where if one side gains a larger slice, the other side is losing,” said Derfler-Rozin. “Instead, think about how you can expand what you are offering and asking for so that everyone leaves satisfied.”

Decide what’s most important.

Both sides can win if they prioritize the factors most important to them. Chances are, those aren’t the same things and with a successful give-and-take based on those priorities, both sides can gain in a negotiation,” she said.

Finish strong. “You want to finish a negotiation in a situation where the other party highly respects you as a competent problem-solver who tries to create value for both sides,” the professor said.

Press release: https://www.newswise.com/articles/strategy-psychology-behind-effective-negotiating

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Kate Baggott

Kate Baggott

Kate Baggott is a former Managing Editor of B2BNN. Her technology and business journalism has appeared in the Technology Review, the Globe and Mail, Canada Computes, the Vancouver Sun and the Bay Street Bull. She is the author of the short story collections Love from Planet Wine Cooler and Dry Stories. Find links to recent articles by following her on LinkedIn https://www.linkedin.com/in/kate-baggott-9a0306/