DiGiSPICE
Competitors
Paytm partners with Citibank to launch its first credit card—Paytm First Card
Publication- CNBC TV18
Edition- Online
Date- 14 May, 2019
Digital payments company Paytm, in association with Citibank, launched its first credit card called Paytm First Card on Tuesday. Paytm First Card comes with unlimited cash back and will be accepted in India as well globally. The card is issued by Citibank and doesn't involve any hidden fees or charges, the company said in a statement. An annual fee of Rs 500 will be fully waived off on expenses above Rs 50,000 per year.
Paytm also offers an equated monthly instalment (EMI) option on purchases made on the card, the company said. “Our new offering is designed to bring the utmost flexibility to our customers in their digital payment options and will help spur large-ticket cashless payments,” Vijay Shekhar Sharma, chairman and CEO of One97 Communication, said.
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Ericsson says consumers will pay 20% more for 5G. Really?
Publication- Nyoooz
Edition- Online
Date- 14 May, 2019
It turns out (which is code for ‘don’t question these results’) that consumers will pay 20% extra for 5G. For a start 5G, real 5G, for consumers is still a long way away (exceptions apply). For a second, consumers would pay the 20% premium for any wireless network that actually works. Telcos need to make some of the money back from enterprise and Government solutions before they even think about consumers. Ericsson, bless them, went to the trouble of interviewing 35,000 consumers about the perceived value of 5G.
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Industry News
Indian tech firm helping Thai banks implement blockchain technology
Publication- Business Standard
Edition- Online
Date- 14 May, 2019
Singapore, May 13 (ANI): One of India's top software technology and services company, Wipro, has been engaged to build a settlements protocol for blockchain, which gave birth to cryptocurrency bitcoin, for eight banks in Thailand.
"Developed as part of the first phase of Project Inthanon, the solution will enable de-centralised interbank real-time gross settlement (RTGS) using wholesale Central Bank Digital Currency to prove that the technology can perform key functionalities of payment and enhance efficiency," the company said in a statement recently.
Blockchain was invented by Satoshi Nakamoto in 2008. His identity is unknown and almost certainly a pseudonym for a person or a group of people. At that time, "Nakamoto" was trying to come up with a means of validating digital currency transactions via distributed, decentralised peer-to-peer network in the wake of the global financial crisis.
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As digital war heats up, Accenture takes a dig at rival TCS’s offerings
Publication- Livemint
Edition- Online
Date- 14 May, 2019
Accenture Plc is almost twice the size of its nearest competitor Tata Consultancy Services Ltd (TCS) but the US firm couldn’t resist taking a swipe at the Indian company’s digital offerings. As the two companies battle it out to win digital business from the same clients, Accenture, which brands its digital solutions as X.O., seems to have stepped somewhat out of the line to take a dig at its Mumbai-based rival’s Business 4.0. digital offering
“Industry 3.0, 4.0—what’s next?" reads a statement on the website of Accenture X.O., an umbrella branding under which Accenture offers solutions using data analytics, cloud computing and internet of things to help manufacturers run their business more efficiently. Accenture’s dig at TCS’s offerings is arguably the first of its kind in the sector as companies typically avoid commenting on rivals.
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New Delhi Municipal Council portal to have smart city project details soon
Publication- ET Now News
Edition- Online
Date- 14 May, 2019
The New Delhi Municipal Council (NDMC) is planning to launch a portal with details of its smart city projects which can be replicated by other civic agencies as well. The initiative has been taken on a lieutenant governor's directive. As soon as the launch date of the portal is finalized, the link to the portal, Municipal Smart Initiative Smart Centre, will be made available on the official website of the NDMC, according to a ToI report.
Naresh Kumar, the NDMC chairperson, said there will various sections in portal such as the best practices that have been adopted in the field of e-mobility, education, energy saving, e-governance and physical social health. It is expected to be launched by this month end.
"Every section will be divided into sub-sections, with each specifying the projects implemented successfully and having received good responses from the public such as smart parking, smart classes, smart meter, smart bikes, taxi stands, e-vehicle charging stations and e-scooters," said Kumar.
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EarthID launches in India at Digital India Blockchain Conference 2019
Publication- CRN
Edition- Online
Date- 14 May, 2019
The Digital India Blockchain Conference turned out to be a success with global experts gathering with the core community in Bangalore for a day filled with captivating discussions.
Heading speakers included Shiv Agarwal, Founder EarthId and European Lead of Government Blockchain Association, Vijetha Shastry from NASSCOM, Gnana Lakshmi T C, Leadership Fellow, Women Who Code and Yathish Nagavalli from Huwawei. “I have been a part of Women Who Code for more than 4 years now and I have been fortunate enough to lead the Blockchain track community this year which speak to the core work of WWCode – to bring collective minds together to grow and strengthen skills.
We are extremely excited to partner with Digital India Blockchain conference which will help more women get access to great minds and industry experts in the field of Blockchain. As global communities, this would give us great opportunities to support and grow together in this game-changing technology,” said, Gnana Lakshmi T C, Leadership Fellow.
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ST and Air Liquide Look to Pioneer in IIoT
Publication- EET India
Edition- Online
Date- 14 May, 2019
STMicroelectronics will help Air Liquide to implement industrial internet of things (IIoT) solutions for operational activities such as asset tracking and management, predictive maintenance, and cybersecurity. The two invoked “digital transformation,” a buzzword that encapsulates the implementation of technologies like the IoT to enable operational improvements in a wide variety of different processes. Industrial automation is one such outcome of digital transformation. The challenge for many organizations is in the practical knowledge of how to implement such systems.
Air Liquide has been supplying ST with industrial gases and materials for over 30 years; the company is one of ST’s top 10 suppliers. In this partnership, ST will develop the technology solution while Air Liquide effectively provides the testing ground within its global operations and network. Since Air Liquide is a very large industrial company, it provides an ideal environment to illustrate the needs of large industrial OEMs in all key areas of the supply chain.
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