Tagged: internet of things

Global Internet of Things or IoT Security Market to Reach $22 Billion+ Valuation by 2027, Largely Due to Blockchain Adoption

The global internet of things (IoT) security market is expected to be valued at around $20.77 billion by 2027, which means that it’s expanding at a very significant compounded annual growth rate  (CAGR) of 32.3 %. As noted in a release, the rise in the… Read More

Ocean Protocol Developers to Build Bridge between their Marketplace and Energy Web Decentralized Operating System

The developers of Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, will be creating a “bridge” between the Energy Web Decentralized Operating System (EW-DOS) and Ocean’s data marketplaces. As mentioned in a… Read More

China’s Alibaba Cloud to Work with Singapore’s Fintech Academy to Improve Healthcare Sector Services in Southeast Asia

Hangzhou’s Alibaba Cloud (Aliyun), a Chinese cloud computing company that operates as a subsidiary of the e-commerce giant, Alibaba Group (NYSE:BABA), has partnered with the Fintech Academy in Singapore and Pfizer, an American multinational pharmaceutical corporation. Through the partnership, the two companies and the Fintech Academy… Read More

London-based Push Technology to Offer Diffusion Cloud, a Real-Time API Management Platform, Free of Cost to Help Companies During Global Crisis

UK-headquartered Push Technology, a provider of real-time intelligent data streaming and messaging services, will offer a cloud-powered platform for API management, called Diffusion Cloud. The platform will be available at no extra cost for the company’s new and existing clients. Push Technology notes that it… Read More

South Korean Government to Contribute Up to $3.2 Million to Develop Local Blockchain and DLT Projects

Government agencies in South Korea have announced their plans to support the nation’s blockchain or distributed ledger tech (DLT) sector. They will reportedly contribute up to $3.2 million in capital to local firms to help integrate the technology into various platforms. The South Korean Ministry… Read More

UK-based Fintech Finastra to Allow Customers to Use Conversational AI-based Retail Banking App

London-based Fintech firm Finastra has revealed that its customers will be able to Active.Ai‘s conversational artificial intelligence (AI)-based retail banking app, which was integrated with the FusionFabric.cloud platform. Active.Ai is now accessible via the FusionStore. Finastra is now offering banks and its credit union customers… Read More

Indian Finance Minister Nirmala Sitharaman Recommends Allocating $1.14 Billion to Boost Nation’s Fintech Economy, with Investments in AI, Machine Learning

The Indian government recently revealed its Union budget for the FY 2021. Following the announcement, it appears that the nation’s Fintech industry has been given special attention, as Indian finance minister Nirmala Sitharaman proposed on February 1 to introduce a policy for creating data center… Read More

Wirecard Teams Up With Sprint to Drive New Innovation in IoT & Unified Commerce

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is teaming up with Sprint to integrate its unified commerce solutions into Sprint’s Curiosity Internet of Things (IoT) platform to deliver the “Internet of Payments.” The two companies, which were brought together… Read More

Insurtech: Boston-based Corvus Insurance Secures $31 Million According to SEC Filing

Boston-headquartered Corvus Insurance, a company that offers artificial intelligence (AI)-enhanced cyber insurance policies for firms, has sold shares worth around $31 million in a $33 million investment round, a US Securities and Exchange (SEC) filing confirmed. Corvus Insurance, which is notably one of BostInno’s 50… Read More

Japanese Business to Business Payments Firm JCB Partners Blockchain Developer Keychain to Deploy DLT Payments Solutions

Japan-based JCB, an established business to business (B2B) payments company, is teaming up with the Singapore blockchain tech solution developer Keychain, in order to deploy DLT-based platforms in the country’s payments industry. According to a press release, Keychain is creating a new data security framework… Read More

CIMB Bank Berhad’s Singapore Branch Conducts Blockchain-based Structured Trade Finance Transaction on iTrust’s Platform

The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More

IOTA Partners With STMicroelectronics to Accelerate IoT Technology Integration

IOTA Foundation, a non-profit foundation focused on distributed ledger technology and permissionless ecosystem development, announced on Tuesday it has formed a partnership with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, to create a new level of powerful, seamless and cost-effective access… Read More

Standard Chartered Bank Partners With Huawei to Develop IoT Solution to Expand Ecosystem Lending

Standard Chartered Bank announced on Wednesday it has formed a partnership with  Huawei to develop an Internet of Things (IoT) powered solution in an effort to revolutionize the way corporates communicate with banks for financing or payments. According to the duo, this new solution combines IoT and… Read More

Plug and Play Japan Opens Applications for First Batch of Start-Ups

On Thursday, Plug and Play Japan announced it opened applications for its first batch of start-ups. The program is set to begin in November and the organization is seeking startups in three categories, Internet of Things (IoT), Fintech, and Insurtech.  Plug and Play Japan stated… Read More

Deloitte Looks into the Crystal Ball, Reveals the Future of Finance in India

Deloitte has recently released a report concerned with how finance will look in the years to come, titled “Crunch time – Future of Finance in a Digital World: An Indian Perspective.” In this report, Deloitte takes into account how rapidly digital adoption has improved within… Read More

Indiegogo, IBM & Arrow Electronics Partner on Internet of Things Venture

Indiegogo, IBM (NYSE: IBM) and Arrow Electronics (NYSE: ARW) have joined together to help launch the next big thing in the Internet of Things (IoT).  Qualified entrepreneurs will now have access to IBM’s Watson platform, Arrow Electronics production service and Indiegogo’s crowdfunding platform to bring new IoT… Read More

Shark Tank Alum Keen Home Moves onto Air Purification

Building on its successful Reg A+ campaign on SeedInvest and the company’s first product, the Smart Vent System, Keen Home is now focusing on air purification.  It launched its second product in August, the Smart Filter product line, which combines with a subscription service in order to… Read More

Canary’s CEO to CNBC: “The User’s Experience is First & Foremost What Our Company is About” (Video)

Earlier this week, Canary CEO Adam Sager sat down with CNBC to discuss the company’s home products, the importance of customer satisfaction and how it competes with other companies in the “Internet of Things” (IoT).  Last month, Sager revealed that Canary’s first-year sales were bigger than… Read More

Indiegogo’s Slava Rubin Set to Speak at Internet of Things World 2016

Indiegogo’s Slava Rubin has been announced as a speaker at Informa-sponsored Internet of Things World 2016. Internet of Things World is considered the world’s largest and most comprehensive IoT event. Over 10,000 attendees, 300+ industry though leaders and 150+ exhibitors are present during the event: “With… Read More

IoT Sandal Launches Equity Campaign on SyndicateRoom: Investors May Tap ISA

Currently listed on the ISDX, a London investment exchange, Sandal is comprised of PowerConnections, an established cash generative division, and Energenie, which is at the centre of the rapidly expanding Internet of Things market. Founded in 1996, Sandal designs, develops and manufactures consumer electronics products, seeing £3m of turnover… Read More

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