DiGiSPICE: Industry Monitoring 22 May 2019
- Priyanka Kanodia
- Jun 6, 2019
- 6 min read
DiGiSPICE
Competitors
We believe in open competition in any market: Ericsson
Publication- ET Telecom
Edition- Online
Date- 22 May, 2019
Swedish telecom gear maker Ericsson said Tuesday it believes in "open competition" in any market, as it sidestepped questions over the recent US action on Huawei and its implication on other players in the telecom space. "I don't comment on any one of our specific competitors ... we are happy to have open competition with our competitors in any market," Ericsson Chief Technology Officer, Asia Pacific, Magnus Ewerbring told reporters here.
Ewerbring was responding to a specific question on Chinese gear maker Huawei. Last week, the Trump administration had placed Huawei and its affiliates on a blacklist, a move that essentially banned the Chinese telecom equipment company from purchasing parts and components from American firms without the US government approval. The US has now reportedly relaxed some of the restrictions, to reduce disruption for its customers. Please click on the link below:
5G services will boost streaming in 4K and AR app usage in India: Ericsson
Publication- The Times of India
Edition- Online
Date- 22 May, 2019
5G networks are now going live in several parts of the world, and global networking and telecom major Ericsson says that its network technology is helping service providers commercialise 5G technology. The company has announced 18 commercial 5G deals with telecom operators across North America, Europe, Asia and Australia and deployed operational 5G networks based on commercial equipment in North America, Europe, Australia and Asia, both in midband and mmWave.
Magnus Ewerbring, CTO APAC, Ericsson, told media persons at a briefing, “The near-term benefits of 5G include enhanced mobile broadband (eMBB) and FWA. These will help address the limited fixed broadband penetration levels in India and also enhance data experience on the move. In the long run, 5G will be a game changer for telecom service providers by enabling new revenue streams and making them a part of value chains they have not been used to previously."
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Industry News
Blockchain Loyalty System Tracks And Monetizes Time With Blockchain Technology
Publication- Owlt Market
Edition- Online
Date- 22 May, 2019
Dragonchain is a blockchain technology platform who has received a patent for a blockchain loyalty system. Time with blockchain is tracked and monetized through the system. The patent attorney of AEON Law Jonathan Olson said, “Tenure-based protocols elevate entities whose contributions have withstood scrutiny over time. They enTeable Dragonchain to allocate privileges wisely among diverse participants to minimize the need for sluggish subjective validation and thereby provide a quantum leap in administrative decision speed.
The patent office approved our application with unusual speed. Dragonchain continues to expand its status as a primary nexus in blockchain innovation.” The blockchain technology platform Dragonchain actually introduced a new value system called Dragon Days of Slumber Score (DDSS). DDSS is said to be a breakthrough in cryptocurrency. It isn’t only said to be the breakthrough in the cryptocurrency, but also in loyalty rewards. Time value cannot be replicated an even fluctuated.
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Blockchain Company Tykn To Help Public & Private Institutions To Issue & Verify Digital Identity Credentials
Publication- Owlt Market
Edition- Online
Date- 22 May, 2019
Tykn is a blockchain company who wants to help public & private institutions in issuing & verifying digital identity credentials. It has secured €1.2 million from Johan Mastenbroek who is a Dutch IT entrepreneur. The main purpose of securing the funds is to develop a blockchain-based digital identity management platform. The public & private institutions can use the platform for the issue and verification of the digital identity credentials.
The company uses smart technology and blockchain for the development of the platform. Personal data proofs can be shared and requested through this new approach. Identities lost can be protected. This new approach is a solution for those people who never had identity documents. The solution is also for those people whose identity proofs got lost on account of inefficient identity registration, wars, and disasters.
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Louis Vuitton And Christian Dior Planning To Launch Blockchain Platform
Publication- Crypt Buzz
Edition- Online
Date- 22 May, 2019
Consensys and tech giant Microsoft are working with LOUIS VUITTON as a technology partner to develop a blockchain platform called AURA. The platform will allow consumers to verify the authenticity of the luxury goods. The consumers can keep the record of all productions coming from the luxury brand. The technology sees unique information about every product stored on the shared ledger. The Customers can use brand official app to obtain a certificate offering details about its province.
The team behind Aura hope it will eventually be used by rivalry brands too, enabling them to offer a tailor made service or strengthen customer loyalty. Ken Timsit, managing director of consensys solutions said – “Aura is a ground breaking innovation for luxury industry. Consensys is proud to contribute and to work with LVHM on the initiative that will serve the entire luxury industry, protecting the interest, integrity, privacy on each brand”. LVHM subsidiaries include Marc Jacobs, Hublot, Tag Heuer, Bulgari, Givenchy Perfumes, Sephora, Dom Perignon and Hennessy.
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Seoul Mayor Reveals Plans To Implement Blockchain In Citizen Cards
Publication- Krypto Money
Edition- Online
Date- 22 May, 2019
The South Korean city of Seoul has stepped up its blockchain game to another level by implementing blockchain technology in its citizen cards, as reported by Korean publication Queen.co.kr on May 20. The mayor of Seoul, Park Won-soon participated in the ongoing event “Korea Future Forum (KFF) 2019 & Blockchain Tech Show,” that boasts on the city’s achievements with embracing major technologies such as blockchain and artificial intelligence.
The mayor went on to highlight blockchain’s contribution in storing data, noting that the value of data “has become even more important than before.” As per park, the city of Seoul will implement blockchain in collecting urban and administrative data that will enable new services such as integrated authentication system of citizen cards, as well as tools for easy access to various administrative services.
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Understanding The Benefits Of Blockchain For Businesses
Publication- Krypto Money
Edition- Online
Date- 22 May, 2019
Most people associate the word blockchain with Bitcoin or cryptocurrencies, and rightly so. It was developed to give Bitcoin and other cryptocurrencies a level of legitimacy necessary to gain mainstream acceptance. But blockchain is much more than just a ledger for Bitcoin and other cryptocurrency transactions. In fact, blockchain can actually change the way we do business – for the better. Bitcoin is mined, stored, and/or traded on markets such as Coinmama. All the transactions that occur through the cryptomarkets are stored on the blockchain ledger. And every transaction is verified through multiple, independent users.
However, that’s not what we are talking about today. Today we are going to talk about the benefits of blockchain for businesses. But before we jump into the benefits of blockchain for a business, let’s discuss what blockchain really is.
What Is Blockchain?
In simple terms, blockchain is an electronic ledger that is used to track transactions in sequential order. It is used to connect multiple transactions, from multiple parties, into an easy-to-follow record book.
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IoT Leaders, Innovators and Luminaries Gather at Digi International 2019 Global IoT Conference
Publication- IT News Online
Edition- Online
Date- 22 May, 2019
Digi International®, (NASDAQ: DGII) (www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, will host its Global IoT Conference on June 5, 2019, in Minneapolis, Minnesota. The Digi Global IoT Conference is an immersive experience that gathers a select group of business executives, engineering leaders, IoT practitioners, and solution developers to discuss IoT technology and networking trends. Attendees will learn from some of the industry's most progressive minds, meet Digi IoT experts and gain "first-look" access to several new IoT products and services. In addition, the conference will feature a roundtable on real-world case studies featuring Frazer-Nash, AddÉnergie, ByteSnap Design and Praxair.
"Working intimately with our customers to create and deploy business and mission critical IoT solutions, we are very pleased to feature these innovations at this year's conference," said Digi International CEO Ron Konezny. "We are excited to feature and showcase our recently released and upcoming products, software, services, and solutions. Digi released nearly 20 offerings in the past 12 months, providing a robust portfolio for our guests to learn and experience."
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