Tagged: iot

Insurtech Concirrus Introduces Next-Gen Platform for IoT or Internet of Things Enabled Insurance Sector

Insurtech firm Concirrus has introduced its next-gen platform for the (Internet of Things) IoT-enabled insurance sector. This new modular tech offering, which aims to leverage Concirrus’ extensive investment expertise and experience of working within the insurance market, will “allow insurers to accelerate their transition to… Read More

Payments Ring Supplier McLear Joins Multos Consortium

The MULTOS Consortium, a group of organizations that are focused on the promotion and development of the MULTOS specifications, revealed that McLEAR, a technology firm supplying smart payment rings has joined as a Partner Member. MULTOS is a security technology for all-digital devices offering a… Read More

ThycoticCentrify, a Provider of Cloud Identity Security Services, Updates Privileged Access Management Solution

ThycoticCentrify, a provider of Cloud identity security services established via the merger of privileged access management (PAM) leaders Thycotic and Centrify, recently revealed that it has made updates to its PAM solution for DevOps, Thycotic DevOps Secrets Vault. The updated version provides certificate-based authentication and… Read More

Jacobo Toll-Messia: Ethereum Scaling Solution Nahmii Founder Reveals They’re Focused on Real-World, Commercial Use-Cases for Blockchain

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

IoT Communications Firm iWire Announced $34M Series A

Internet of Things (IoT) communications network provider iWire this week announced a $34 million Series A funding round led by Noor Capital. France’s sovereign fund BPI France participated by offering a long-term equipment purchase option to iWire. That brings the company’s total raise to more… Read More

Bison Trails, a Blockchain Infrastructure Firm Acquired by Coinbase, to Support Helium Network Update

Bison Trails, a blockchain infrastructure platform-as-a-service company that was acquired by Coinbase, revealed on May 28, 2021 that it will be supporting the Helium Network’s blockchain upgrade to a proof-of-stake (PoS) consensus algorithm. This shift to PoS is being carried out to increase network reliability…. Read More

Bosch, Ocean Protocol represented by BigchainDB, Fetch.ai Join Catena-X to Bring Expertise in Market, Mechanism, Token-based Incentive Design

Bosch, Ocean Protocol represented by BigchainDB, and Fetch.ai have all joined Catena-X, in order to bring their “collective expertise” in market, mechanism, and token-based incentive design Catena-X is described as an “agile” ecosystem with automotive industry stakeholders. All firms taking part in Catena-X are working… Read More

JPMorgan Is Reportedly Testing Blockchain or DLT based Payments between Satellites Orbiting Earth

  Are you stuck somewhere in outer space with utility bills to settle? Then you need not worry, because the satellites may be able to take care of them. JPMorgan Chase & Co (NYSE:JPM) reportedly been testing blockchain or distributed ledger tech (DTL)-powered payments between… Read More

Dr. Joshua Ellul: Chairman of Malta Digital Innovation Authority Explains how AI, IoT, Blockchain based Smart Contracts are Improving Digital Economy

We recently caught up with Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta. Dr. Ellul discussed how blockchain-based smart contracts are streamlining routine business processes. He also talked about his research interests which include… Read More

Bill Scannell from Dell Technologies Explains how Big Tech Firm Is Helping Businesses Shift to Remote Working Environment

Bill Scannell, President, Global Sales & Customer Operations, Dell Technologies (NYSE:DELL), explains how companies across the globe are adjusting to working in the “new normal” environment following the COVID-19 outbreak. He writes in a blog post that Brazil-based retailer Grupo Boticario had to address a… Read More

Digital Commerce and Fintech Platforms with Experience-Centric Models Enable “Long-Term Value Creation”: Report

Digital commerce platforms with experience-centric models are attractive to investors because of their focus on “long-term value creation,” according to a report from KPMG. Other businesses are also taking advantage of the benefits of experience-centric models, including ridesharing apps, media channels, Edtech companies, healthcare service… Read More

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

Digital Pakistan Initiative Is Making Progress, as Nation’s Digital Banking Infrastructure Is Upgraded, but Many More Improvements Needed

Pakistan needs to work on its economic development strategy. The country has a population of over 210 million, but its GDP hasn’t grown nearly as fast. The country’s GDP is around $300 billion and the average income is about $1,500 per year which is significantly… 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

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