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Google Cloud Platform to build private transatlantic cable

Dunant will connect France and the US, and terrestrial cables will lead to GCP facilities in North Virginia and Belgium Google Cloud Platform (GCP) wants to install a private transatlantic cable connecting Virginia Beach in the US with France. The system will be named after Henri Dunant, who received the world’s first Nobel Peace Prize for his contribution to the launch of the International Red Cross Movement, and for instigating the...

China Mobile, Huawei, and Intel complete 5G interoperability test

US chipmaker Intel has announced the completion of 5G interoperability testing with telco giant China Mobile and equipment maker Huawei. The 5G interoperability and development testing (IODT) was in compliance with the latest 3GPP Release-15 standard. China will be an early leader in 5G, and Intel’s collaboration with China Mobile and Huawei will help accelerate the future of 5G, with end-to-end solutions from the network, to the...

NEC to connect India to the Andaman and Nicobar Islands

Bharat Sanchar Nigam Limited (BSNL) has contracted NEC Technologies India (NECTI) to design and implement an optical submarine cable system to connect India with the Andaman and Nicobar Islands (A&N Islands). Total cable length will be approximately 2,300km and fiber pairs are understood to be powered by 100Gbps technology. The A&N Islands are located at the junction of the Bay of Bengal and the Andaman Sea, and the contract calls...

World’s “First Decentralized Bank” receives backing from Binance

A decentralised, regulated bank is being set up in Malta. The Founders Bank, which is being backed by Binance, will be funded through the issue of legally binding equity tokens, in what it describes as an ETO, or Equity Token Offering. The fundraising will be run by Neufund, a Berlin-based private equity fundraising platform, which is also a partner in the project. Read more at CRYPTO WORLD NETWORK NEWS celebrates 2.5 million wallets created

This week reached a milestone of a whopping 2.5 million Wallets created in less than a year. Since we started our web portal we’ve focused on providing people with world-class resources that fit every bitcoiner’s needs and our simple-to-use wallet is no different. Read more at CRYPTO WORLD

LG CNS announces CityHub platform for smart city management

LG subsidiary CNS has announced its CityHub platform designed to provide centralised management and data analysis of citywide IoT devices. CityHub, the platform’s tentative name, is able to collect data from IoT sensors across the deployed smart city. This could be sensors installed on things such as vehicles and buildings, or infrastructure like street lights and traffic cameras. Read more at IOT NETWORK NEWS

Industrial IoT is where the action is - but success will need leadership

The consumer applications of Internet of Things (IoT) technology drives many peoples understanding. People equate IoT to the fridge that updates an online shopping list or the smart energy meter that shows electricity usage. These are useful ideas and might save a household some time and money. However, the real power of IoT is in the applications that solve real-world problems and can transform the business models of whole industries or the way...

China Mobile launches Singapore data center

The mainland giant is expanding across the region This week, China Mobile’s international subsidiary held a commencement ceremony to initiate the construction of its first data center in Singapore, touted as one of the most significant network hubs outside Mainland China. China Mobile International’s (CMI) latest data center will be its second facility in the region, following the global network centre (GNC) located at the...

London School of Economics introduces online course on crypto

The London School of Economics (LSE) will be offering an online course on cryptocurrency investing, starting in August 2018, Financial Times reports Monday, July 9. According to the announcement, the new course dubbed “Cryptocurrency Investment and Disruption,” will help students learn some “practical skills to interact with cryptocurrency exchanges,” including how to use cryptocurrency wallets, as well as...

Liege gets smart parking through NB-IoT technology – and a new partnership

Belgium-based CommuniThings has partnered with Orange to launch the first smart-parking solution over NB-IoT technology for commercial use. Dubbed as "Shop & Drive", the solution assists commuters to find available parking space via a mobile application at the same time as stimulating shopping activities through increased vehicle rotations at each spot. Read more at IOT NETWORK NEWS

Ledger sold 1 million crypto hardware wallets in 2017

Leading hardware crypto wallet manufacturer and developer Ledger sold more than 1 million hardware wallets in 2017, recording a profit of $29 million. In an interview with Forbes, Ledger president Pascal Gauthier stated that the lack of secure platforms which users can utilize to sign transactions on the immutable public blockchain led the demand for Ledger and hardware wallets in general, to rise. Read more at CRYPTO WORLD

Indian Institute of Technology Bombay to deploy Cray XC50 supercomputer

Single petaflop machine to help with the engineering institution’s research The Indian Institute of Technology Bombay will deploy a Cray XC50 supercomputer for scientific workloads, along with a ClusterStor scale-out Lustre-based storage system. The machine is expected to deliver a peak performance of one petaflop. Supercomputers for students “At IIT Bombay, we are committed to delivering the tools our students need to...

Ericsson and China Mobile continue IoT collaboration with recent updates

Ericsson and China Mobile have signed a cooperation agreement around the Swedish operator’s Device Connection Platform in order to strengthen the latter’s IoT goals. The agreement, signed at Mobile World Congress Shanghai last week, is based on the strategic cooperation framework agreements which the two firms signed at MWC in Barcelona this year for the expansion of IoT opportunities in industry and enterprises. Read more at...

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