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Industry News
IIT Delhi lab to resume work on 5G, thanks to DoT
Publication- Gadgets Now
Edition- Online
Date- 01 June, 2019
Swedish telecom gear maker Ericsson’s 5G innovation lab in New Delhi is set to shortly begin work on developing new 5G use cases following the telecom department’s intervention to iron out differences between the vendor and the IIT-Delhi. Launched with much fanfare by telecom minister Manoj Sinha and Ericsson president and CEO Börje Ekholm last year, Ericsson’s 5G innovation lab recently stopped its 5G-related work around technology testing and use cases after its radiating spectrum license expired.
"DoT has taken increased interest over the last few days that has helped us fasttrack the activities of the centre of excellence,” Brejesh Lall, coordinator Ericsson 5G CoE IIT Delhi told ET.
“DoT has been in constant touch with both Ericsson and IIT-D to expand the scope of the 5G testbed and to discuss the way forward. The department wants more industry partners to be a part of this testbed to give a push to the testing of technology and the use cases,” a government official told ET. In a joint statement to ET, IIT Delhi and Ericsson said they are collaborating to fulfil the objectives of the 5G Centre of Excellence.
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A blockchain platform for human capital
Publication- The Hans India
Edition- Online
Date- 01 June, 2019
Startups are gaining prominence as they provide solutions to problems that society faces. What if a startup itself encounters a problem and gets down to find a solution? This leads to the birth of another startup like Emperify.com, a Hyderabad-based startup, founded by KK Jain in April 2019. Jain, also founder of AnyTimeLoan.in, experienced helplessness as an employer to monitor employees.
Working on the lines of better safe than sorry, Jain opted to utilise blockchain to build a central repository for human capital. The end result is Emperify.com which means employee verification (employment history).
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Tata Communications Launches B2B IoT Marketplace of Plug-and-Play Model
Publication- Indian Web2
Edition- Online
Date- 01 June, 2019
Indian telecommunications giant Tata Communications has launched an Internet of Things (IoT) marketplace to bring together IoT practitioners and enterprise customers on a single platform. Tata Communications’ IoT Marketplace can be accessed at IoT.tatacommunications.com.
The IoT Marketplace looks to address these needs by bringing together different partners from device manufacturers, software developers to start-ups and system integrators to deploy and manage IoT solutions, all under one single platform.
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Tether Stablecoin (USDT) Will Now Be Available On EOS Blockchain
Publication- Krypto Money
Edition- Online
Date- 01 June, 2019
Blockchain tech company Tether is partnering with Block.one, the parent company od EOS to launch its stablecoin (USDT) on the EOS blockchain (EOSIO), as reported by Cointelegraph on 1 June. As per the release, Tether has developed a Tether EOS smart contract that has been sent to the EOS account “tethertether” and peer-reviewed by the Canadian branch of EOS. Reportedly the Tether EOS and its delegated proof-of-stake design are well-suited for peer-to-peer microtransactions.
The Chief Executive Officer of Tether, Jean-Louis van der Velde elaborated that adding the coin to the EOS blockchain lends greater interoperability. One of the most circulated tokens, EOS was recently added to a major United States-based cryptocurrency exchange and wallet service Coinbase. The exchange platform will now offer trading and storage support for the EOS token. EOS currently boasts a market capitalization of over $8 billion.
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Blockchain Endeavor Akoin Partners With SDG Impact Fund To Introduce Akoin Foundation
Publication- Owlt Market
Edition- Online
Date- 03 June, 2019
Akoin is a blockchain endeavor for the social impact of Akon who has made a partnership with the SDG Impact Fund in order to introduce the Akoin Foundation. The partnership will not only introduce the foundation, but the partnership will also introduce a “Token of Appreciation” (TOA) campaign.
The foundation will work in cryptocurrency area firstly. Initial donors will be provided with a literal cryptocurrency called Token of Appreciation (TOA). It is said to be a way for saying “thank you” to those people who have a belief in the foundation’s missional purpose. Regenerative endeavors will be supported in Africa and entrepreneurial empowerment will be focused on from blockchain technology, financial and business tools to healthcare, education, renewable energy, and governance.
Both the foundation and the SDG Impact Fund expand its mission. They also expand social impact results more. An opportunity will be opened up for donors at a rapid pace. The opportunity will not only be opened up for the donors, but the opportunity will also be opened up for other leaders. This new platform can be used for obtaining the 17 SDGs in 53 countries across Africa continent.
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