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CIMG Inc. Enters MoU with FLock for Privacy Preserving AI Solutions and FLOCK Treasury Strategy
Prnewswire· 2025-08-26 12:30
Core Insights - CIMG Inc. has signed a non-binding Memorandum of Understanding (MoU) with FLock Technology Holdings to collaborate on developing an AI-assisted wellness monitoring product called LifeNode [1][3] - The partnership aims to leverage FLock's privacy-preserving AI solutions and may include the acquisition of FLOCK tokens as a treasury reserve asset [1][4] - This collaboration is seen as a strategic growth step for CIMG, expanding its focus from specialty coffee to broader consumer food and beverage products [1][3] Company Overview - CIMG Inc. specializes in digital health and sales development, utilizing technology and marketing to enhance partners' sales growth [5] - The company’s brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango [5] FLock Technology Holdings - FLock has developed a decentralized AI training platform, FLock.io, which combines federated learning and blockchain technology [2] - The platform allows for secure, privacy-preserving AI model training without centralizing data, enabling collaborative AI model development [2] Strategic Implications - The partnership is expected to enable the development of next-generation AI solutions that are personalized and privacy-centric, targeting the consumer health and wellness market [4] - CIMG anticipates that LifeNode will provide tailored wellness recommendations, integrating privacy-preserving AI and blockchain technologies [4] - The company sees significant growth potential in the digital asset and cryptocurrency sector and is evaluating the acquisition of FLOCK tokens [4]