DiGiSPICE: Industry Monitoring 01 March 2019
- Priyanka Kanodia
- Mar 6, 2019
- 9 min read
DiGiSPICE
Industry News
GoQii Founder Vishal Gondal backs gaming startup nCore; Joins as strategic advisor
Publication- The Economic Times
Edition- Online
Date- 01 March, 2019
Vishal Gondal, founder of wearable devices startup GoQii, has invested an undisclosed amount in Bengaluru-based gaming venture nCore Games, and will also be acting as a strategic advisor to the brand new venture. While Gondal’s investment in nCore, which was founded less than year ago, is undisclosed, the transaction marks a return of sorts for him to the country’s broader gaming sector. Prior to founding GoQii, Gondal had founded and then sold India Games to Walt Disney for reputedly an estimated $100 million.
Founded by Dayanidhi MG, who was formerly the Asia-Pacific head of Digital Chocolate and RockYou, in 2018, nCore develops and publishes mobile games, particularly mid-core games, for the Indian market. In the broader gaming space, home-grown mobile gaming company Nazara Technologies, which counts Rakesh Jhunjhunwala, IIFL and private equity firm WestBridge Capital among its list of institutional backers, is expected to go public this year, and is looking to raise over Rs 1,000 crore in the issue. Please click on the link below:
Tanla launches blockchain-based telecom solution
Publication- Telangana Today
Edition- Online
Date- 01 March, 2019
Tanla Solutions has launched Trubloq, a first of its kind blockchain enabled commercial communication stack for the telecom sector. The solution has been developed to comply with the new TRAI regulation and it empowers individual mobile users to set and manage their communication preferences and consents.Globally regulators have had middling results to safeguard against unsolicited commercial communication (UCC) and privacy breaches. This is due to a practice of reactive redressal mechanism on customer complaints.
The Indian telecom regulatory body (TRAI) seeks to converge technology and policy, using emerging technologies – distributed ledger, artificial intelligence and machine learning. This comprehensive regulation is built on two key facets of empowering and safeguarding mobile consumers. The regulation unlocks all good virtues of blockchain.
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"We are looking forward to develop a whole new generation of local users into loyalists": Amarjit Singh Batra
Publication- Afaqs!
Edition- Online
Date- 01 March, 2019
Stockholm Sweden headquartered, Spotify quietly launched the music streaming app in India. Priced at Rs 119 per month, Spotify will now fight it out with the likes of iTunes, Google Play music, Times Internet's Gaana, Reliance acquired Saavn, Airtel's Wynk, Hungama Digital's Hungama Music and others. In Deloitte's recently (February 2019) released report - "Audio-OTT economy in India - Inflection Point" - the firm estimates India's recorded music industry to be around Rs 850 crore.
"India is a huge market and we believe we are debuting here at the right time, given the size and health of the music industry, the growing creator ecosystem, increasing smartphone penetration, and evolving consumer segments. We are thrilled to be a part of this thriving market and believe there is always an opportunity for brands as long as they appeal to consumers through constant innovation, engaging content and work as responsible vested partners in developing the local industry ecosystem," says Amarjit Singh Batra, Managing Director India, Spotify.
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Sebi mulls ‘regulatory sandbox’ for AI, Blockchain
Publication- ET CIO
Edition- Online
Date- 01 March, 2019
To make best use of latest technologies, the Securities and Exchange Board of India is considering a ‘regulatory sandbox’ approach to allow greater but well-regulated use of new innovations such as blockchain and artificial intelligence in the securities markets. Regulators in major financial markets have established regulatory ‘sandbox’ or testing environment for furthering financial technology and adoption.
Officials said Sebi is of the view that innovation in financial technologies like blockchain for settlement, artificial intelligence including robo-advisory, e-wallets, security systems for intermediaries and market infrastructure institutions, resolution of complaints, outsourcing and development of new technology can be better done through a 'sandbox' mechanism.
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Is Blockchain Really A Solution In Search Of Problems?
Publication- Business World
Edition- Online
Date- 01 March, 2019
For anything new that is hyped about, the cycle is always the same. Starting with initial buzz, increasing the excitement and the hype, to the peak and reaching the tipping point before either taking itself to oblivion or gaining acceptance as a standard regular entity. Blockchain is one such technology, currently enjoying its hype. Blockchain has been a buzz word doing it’s round in all technology forums, discussions and blogs. Despite so much hype, very few people can explain and actually know the usage of this emerging technology.
Blockchain advocacy- The advocates of blockchain claim that it will touch, if not disrupt, all major industries. Blockchain has become a fad because of its features including transparency where all transactions from source are visible to multiple parties, called -provenance. This feature along with immutability which makes it impossible (without consensus of parties involved) to modify the past data makes it the “single source of truth”. This enhances the auditability and long-term record keeping without any middleman, making disintermediation as another key feature.
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TOP SIX BIG DATA TRENDS THAT WILL TRANSFORM THE BUSINESS LANDSCAPE IN 2019
Publication- Analytics Insight
Edition- Online
Date- 01 March, 2019
Did you know that 90% of the world’s data was generated over the last two years alone? According to Forrester, the global Big Data software market will be worth $31B this year and 2019 will certainly be another significant year where organizations’ data-driven decisions will support their business strategies more strongly. Some data and analytical trends will gain more popularity than others, and here are the top six Big Data trends that will change the way business is done in 2019.
Proliferation of data lakes to enable data-as-a-service
Data lake implementation is maturing in terms of cloud-native Big Data components and third-party vendors, resulting in better data governance and security. It will continue to intensify, enabling a data-as-a-service model. Data democratization will help enterprises move closer toward properly utilizing Big Data, and APIs built over data lakes will help realize this goal. Data lakes will be augmented through flexible, secure and elastic cloud data warehouses. 2019 will also offer opportunities to explore and extract valuable insights from “dark data”. Data gravity will drive applications and services to be aligned for decreased latency, increased throughput and enhanced efficiency.
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Better PDS with data analytics
Publication- Telangana Today
Edition- Online
Date- 01 March, 2019
There are people in the world so hungry, that God cannot appear to them except in the form of food – Mahatma Gandhi Food is essential for life and food security is a measure of the availability of this food and the individuals’ accessibility to it. The public distribution network across the country is one of the mainstreams of the concept of food security for the nation.
From the time when the nation was looking to other countries to meet its basic food requirements to the present time when we have a surplus, things have changed only for the better. It would not be incorrect to say that the public distribution system has contributed significantly to the integrity of the nation. A direct proof is that independent India has never seen famine deaths compared with the number and frequency during the British rule.
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How will Blockchain technology impact the logistics industry?
Publication- News Patrolling
Edition- Online
Date- 01 March, 2019
With every passing day, the importance of blockchain is growing by leaps and bounds. Whether it is in regard to monetary transactions or transport industry, this amazing technology is unearthing application in almost all known domains. As a matter of fact blockchain has brought in a revolutionary transformation in the logistics industry. Because of its multiplicity of features as well as versatility, several entrepreneurs are now looking at this outstanding technology to change transport industry and the way business is conducted here.
The requirement to set up a transparent system and making sure that security is established even then is making Blockchain hugely popular. This technology is actually growing unrestrained. There are several players involved in logistic industry such as customer, auditor, manufacturers, supplier etc. The prime aim of blockchain technology is to offer benefit to each and every player of the chain.
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Blockchain can be transformational for future of work: Andrew Spence
Publication- People Matters
Edition- Online
Date- 01 March, 2019
One of the most emerging technologies that could be truly transformational is blockchain, says Andrew Spence, Faculty Member, The Blockchain Research Institute in a deep dive session at TechHR Singapore 2019 event. “My passion is to make work better,” adds Andrew, who is an influencer in the HR tech space, “by leveraging technologies.” With the blockchain buzz started over the last few years and not many organizations are deploying the fully-baked solutions yet, some of the common questions persist, says Andrew.
The most common of them include what it is how does it help businesses? When are we likely to see the blockchain product being implemented for work? Having said, one pattern that Andrew saw in all these inquisitiveness is the ‘interest’ of people especially HR professionals to learn about this technology and use it to manage people better. The technology called blockchain refers to a distributed, decentralized, public ledger. The technology has the potential to disrupt much of what we do online and in the real world including traditional HR processes, adds Spence.
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SEBI Considering ‘Regulatory Sandbox’ for Blockchain, AI
Publication- Crypto News
Edition- Online
Date- 01 March, 2019
Securities and Exchange Board of India (SEBI) is considering a ‘regulatory sandbox’ approach to allow for greater innovation of new emerging technologies such as blockchain and artificial intelligence.
According to news portal Economic Times, officials said SEBI is of the view that innovation in financial technologies like blockchain for settlement, artificial intelligence including robo-advisory, e-wallets, security systems for intermediaries and market infrastructure institutions, resolution of complaints, outsourcing and development of new technology can be better done through a ‘sandbox’ mechanism.
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How Blockchain ID Management Solution Plays Important Role In Telecommunication Industry
Publication- Owlt Market
Edition- Online
Date- 01 March, 2019
Turkcell is the Turkey-based leading mobile phone operator who has announced the launch of its blockchain ID Management solution at the technology fair Mobile World Congress (MWC) Barcelona 2019. This solution is basically designed for the creation of different accounts for different platforms. It is not only to create different platforms accounts but also to use that personal data which is shared by a user with other parties before.
Telecommunications industry can use blockchain technology to secure and expedite its transactions. Turkcell has already succeeded to expand the blockchain usage in the industry with ID management and donation solution. It now leads to personal privacy along with data security due to its blockchain-based solution. The blockchain-based solution of Turkcell ensures privacy to personal data through the GDPR compliant ID Management solution. The user can have control over their personal data with the help of this solution.
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Blockchain Technology And Health Care
Publication- Crypt Buzz
Edition- Online
Date- 01 March, 2019
Medical data stored on blockchain can be accessed by all users and are less susceptible to cyber security attacks. Any change in the data can be seen and verified by all the parties involved. Patients can access and control their medical records on the block-chain network. Patients can view there medical history and keep a track on it.
The block-chain technology will bring smart contract feature to the health industry, smart contracts will reduce the inefficiencies in the industry, allows for swift payments of medical services and automatically verified the payment of due bills.
In the recent years there has been lot of fraud or malpractices in the health industry, this may be due to lack of communication between providers, hospitals and patients. Block-chain solves this problem by using transparent ledger to solve issues relating to payment and decrease the communication gap.
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OriginGPS multi-constellation module ready for IoT
Publication- Geospatial World
Edition- Online
Date- 01 March, 2019
OriginGPS, maker of small-format GNSS modules and cellular internet of things (IoT) systems, will be presenting new products with customized IoT and GPS demonstrations at Embedded World 2019, Nuremberg, Germany, Feb. 26-28, Hall 3, Booth 3-121. OriginIoT systems enable developers to rapidly develop IoT products with stackable add-ons, while all data is configured from the cloud, and no additional embedded code or RF knowledge is required.
OriginGPS’ latest release is the multi-constellation ORG1518-MK06 module. It combines low power modes for extended battery life, 8MB built-in Flash memory, AGPS support for extended ephemeris improving position calculation, and UART+I2C or UART+SPI interfaces. An ultra-sensitive integrated patch antenna easily switches over to an external antenna via an integrated RF switch.
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Arm Announced Partnership Vodafone to simplify IoT deployment
Publication- CIOL
Edition- Online
Date- 01 March, 2019
Arm and Vodafone announced a strategic partnership that will significantly reduce complexity and costs faced by organisations for IoT deployment. Expanding on the companies’ previous collaboration around integrated SIM (iSIM) technology, this partnership brings together Vodafone IoT global platform and connectivity, and Arm’s IoT software and network services to provide enterprises with programmable, connected system on chip designs that eliminate the need for traditional SIM cards. This allows customers to securely deploy, remotely provision and manage massive numbers of IoT devices across global markets at a significantly lower cost and complexity.
This strategic partnership between Arm and Vodafone enables remote provisioning for devices using Narrow Band-IoT (NB-IoT) and Long Term Evolution for Machines (LTE-M) technologies and provide secure, open, standards-based deployment to any application and service provider across the globe. Arm Kigen iSIM provides anyone deploying IoT devices globally with the means to develop and deploy a single IoT product that can be shipped and connected anywhere in the world. Vodafone’s global IoT network enables organisations to connect IoT devices across the broadest global footprint through the Vodafone IoT platform or the Pelion IoT platform.
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