During the week of November 16th through 22nd Safety and Security group kept focus on leveraging feedback received after the presentation from the last week. We had time to consider valuable recommendations provided by judges and other groups and have improved our technology model as well as the market sizing projections in several ways. All the improvements were reflected in the presentation deck.

In addition, the group have met to continue development of the business model. Having researched the value of information that we expect to collect through adViz, we acknowledged the benefits of higher user acquisition rate possible due to elimination of fees. It is important to make the application available to every citizen in order to maximize the number of subscribers. Projected increase in value coming from additional users will be sufficient to cover costs of development – therefore meet the primary financing goal at the early stage and ensure that citizens regardless of their income level can have access to adViz.

 

The Safety and Security Group

Ted Xiao, Russell Nibbelink, Kaitlen Nguyen, Alex Feibleman, Dzmitry Yahorau