ZFlo Technologies and LOOT8 Announce Joint Venture to Revolutionize Package Security

October 2024

Introduction

In a significant move to address the pervasive issue of package theft and loss, ZFlo Technologies and LOOT8, a wholly-owned subsidiary of Gold Rock Holdings, Inc. (GRHI), have announced a groundbreaking joint venture. This collaboration aims to revolutionize package security and delivery services by leveraging advanced AI technology from GRHI's K-Project Division and LOOT8's blockchain platform.

Tackling a $30 Billion Annual Problem

Package theft and loss in the e-commerce and logistics industry result in an estimated $30 billion in annual losses. This joint venture seeks to:

• Enhance Theft Deterrent Solutions: By integrating AI and blockchain technologies to create smarter, more responsive security systems.

• Introduce Safety Data Features: Providing real-time safety data tracking for packages that require additional security measures.

• Reduce Financial Losses: Offering innovative solutions to significantly decrease the staggering losses faced by businesses and consumers.

Strategic Collaboration Details

1. Integration of Advanced Technologies

   • AI Technology from K-Project Division: Utilizing artificial intelligence to adapt to real-time challenges and enhance security measures.

   • LOOT8's Blockchain Platform: Implementing blockchain for secure, transparent tracking and management of package deliveries.

   • ZFlo's Expertise in IoT: Leveraging ZFlo's experience in Internet of Things (IoT) technology for package tracking and security.

2. Strengthening Existing Solutions

   The joint venture will bolster ZFlo's current theft deterrent offerings by:

   • Enhancing the technological capabilities of their solutions.

   • Introducing new features that provide additional layers of security and data analysis.

   • Creating a more robust system to combat package theft and loss.

Leadership Insights

Larry Fox, CEO of ZFlo Technologies, stated:

"This joint venture with GRHI's LOOT8 and its K-Project AI division allows for the integration of blockchain and artificial intelligence, making a significant leap forward in our corporate mission to provide unparalleled security for package deliveries. With $30 billion in annual losses due to package theft and loss, the need for innovative solutions is at its greatest. By leveraging AI, we're not just preventing theft but creating a smarter, more responsive system that can adapt to new real-time challenges, potentially saving billions for businesses and consumers alike."

Marcus Daley, CEO of Gold Rock Holdings, Inc., added:

"We are excited to work with ZFlo Technologies. The synergy between LOOT8’s blockchain platform and the K-Project's AI capabilities could significantly enhance ZFlo's theft deterrent solution while offering improved security and introducing innovative features like real-time safety data tracking on sensitive deliveries. Given the massive scale of the global package theft and loss problem, I believe our combined technologies have the potential to substantially impact the package delivery industry."

Implications for the E-commerce and Logistics Industry

The joint venture has the potential to:

• Reduce Financial Losses: Significantly decrease the $30 billion annual losses due to package theft and loss, benefiting both businesses and consumers.

• Enhance Customer Trust: Improved package security can lead to higher customer satisfaction and trust in delivery services.

• Set New Industry Standards: The integration of AI and blockchain could set new benchmarks for security in the logistics sector.

About ZFlo Technologies

ZFlo Technologies was founded by individuals who experienced package theft firsthand and were driven to create a more effective solution than what was currently available. Over the past five years, ZFlo has evolved from an idea into an innovative company pushing the boundaries of IoT technology to combat package theft and loss.

• Mission: To create and integrate cutting-edge technologies that are a step ahead of package thieves.

• Focus: Developing complex solutions that make a significant difference in combating package theft and loss.

Visit ZFlo Technologies for more information.

About LOOT8 and Gold Rock Holdings, Inc.

LOOT8, Inc., a wholly-owned subsidiary of Gold Rock Holdings, Inc. (OTC: GRHI), focuses on innovation in AI, digital assets, and blockchain technology.

• LOOT8™ Platform: An enterprise-level content management platform redefining digital collectibles and fan experiences in the Web3 era.

• Features:

  • Product drops

  • Venue interactions

  • Sustained fan engagement

  • Community of "SuperFans"

• Accessibility: Available on the App Store, Google Play Store, and in the browser, bridging Web2 and Web3 seamlessly.

Gold Rock Holdings, Inc., through its K-Project division, provides artificial intelligence solutions specializing in advanced language processing and real-time translation technologies.

Visit Gold Rock Holdings, Inc. for more information.

Conclusion

The joint venture between ZFlo Technologies and LOOT8 represents a significant step forward in addressing the critical issue of package theft and loss in the e-commerce and logistics industry. By combining expertise in AI, blockchain, and IoT technologies, the partnership is poised to deliver innovative solutions that could save billions for businesses and consumers alike.

Stay Connected

For more information:

• Gold Rock Holdings, Inc.

  • Website: www.goldrockholdings.com

  • Contact: 757-306-6090

  • Email: contact@goldrockholdings.us

• ZFlo Technologies

  • Website: www.zflotechnologies.com