Announces strategic partnerships with T-Hub, India’s leading innovation ecosystem, and TiE Bangalore, a global organization devoted to supporting entrepreneurs through networking, mentoring, and funding, to further bolster the Web3 ecosystem in India Algorand Foundation, through its India-focused initiative AlgoBharat, awarded US$10,000 to the winner of its Creating Impact! Pitch Competition, for transformative blockchain-based solutions, on Friday (1st Dec), which culminated at the Algorand Impact Summit in New Delhi. The winner is LW3 from Assam. The LW3 P3 (Phygital Product Passport) is a traceability solution that uses a combination of IoT technologies and Algorand’s blockchain protocol to provide digital & secure provenance…
Author: TechRay Editor
China is building out the digital infrastructure of its countryside. Yunnan province offers a case study of how to get the best results. Technology plays a vital role in fueling economic growth. Research from the International Telecommunication Union suggests that a 10 percent increase in mobile broadband penetration has led to an average increase of 1.5 percent in real GDP per capita. Providing the right digital infrastructure can be helpful to rural economies, such as those in Southwest China’s Yunnan province, where local operators have rolled out universal telecommunications services, expanding 5G and fiber connectivity to remote areas. As a…
From November 20 to 22, Huawei launched a series of new solutions for smart airports evolution at the 1st Airports Innovate event held by Airports Council International (ACI) in Muscat, Oman. The solutions include the Fully Connected Fiber Network and Perimeter Security with Fiber Sensing. As the important transportation hubs in cities and regions, airports make significant contributions to regional economic growth. To cope with the trend of digitalization and intelligence of airports, Lei Xinghua, Vice President of Huawei’s Enterprise Optical Network Domain, delivered a keynote speech titled “F5G All Optical Solutions Enable Smart Airports” on how to build a…
Bybit, the world’s third-largest crypto exchange by volume, is excited to announce the ByBUIDLERs Cruise Contest, an extraordinary opportunity for crypto enthusiasts in India. This contest offers a chance to win a luxurious 10-day cruise from Mumbai to Dubai, coupled with an exciting Sea Summit experience and a visit to Bybit’s Dubai office. Introducing ByBUIDLERs ByBUIDLERs is Bybit’s initiative that combines grassroots enthusiasm with the thrilling world of cryptocurrency. Designed for crypto aficionados, the program invites participants to engage with the community, create compelling content, and contribute to Bybit’s growth and outreach. Participation Steps Enlist as a ByBUIDLER: To join, provide…
Double-digit growth of DEKRA’s core business in the first 10 months of 2023Historic sales record of over four billion euros expected for the full year Business areas Artificial Intelligence and Sustainability to grow at double-digit rates International expert organization DEKRA is predicting a historic sales record for 2023. “So far, 2023 has been an excellent year for DEKRA”, said Stan Zurkiewicz, DEKRA CEO and Chairman of the Management Board in his preliminary review of the year. “We are very optimistic that we will hit a revenue of over four billion euros in the full year. That is a historic first for DEKRA,…
UL Solutions, a global safety science leader, published a bankability study report on Trina Solar’s complete Vertex n-type portfolio. The report’s findings showed that the series modules prove to have outstanding product reliability and lower LCOE for highly recognized bankability. “The PV industry has showed great trust in Trina Solar, given its strong financial health,” said Sheng Honglei, senior manager of renewable business at UL Solutions, when elaborating on Trina Solar’s leading n-type technology, sound financing, and high standard of management. Empowered by advanced technology and superior performance, Vertex N modules boast lower LCOE This bankability study reviewed the full…
TerraPay, a global cross-border payments network, is proud to announce a strategic partnership with Small World Money Transfer, a leading provider of cross-border money transfer services for consumers and businesses. In this ever-evolving cross-border payments landscape, this collaboration is poised to redefine mobile wallet services across Senegal, ensuring that Wave Wallet account holders can directly receive remittances into their wallets via instant bank transfers from the EU and UK , using Small World Money Transfer. At the heart of this partnership is the recognition of the hurdles Senegalese expatriates encounter when attempting to send money back home, leaving customers yearning for a…
AI will not take all jobs nor end civilization. But it will help businesses make better decisions. Artificial intelligence (AI) is everywhere. And stories are rampant about its promise and its threat. Will AI’s potential be realized in the year ahead? SAS, the leader in AI and analytics, asked executives and experts across the company to predict trends and key business and technology developments in AI for 2024. Below are some of the predictions they shared. Visit SAS’ 2024 AI predictions page for more trends and forecasts. Generative AI will augment (not replace) a comprehensive AI strategy”Generative AI technology does a lot of…
Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard. Announcements of establishment of enhanced presence include USD 144bn Asset Manager NinetyOne, Independent Financial Services Group Rothschild & Co, USD 105 bn Asset Manager GQG Partners, USD 60bn Hedge Fund TCI and Social Trading Platform eToro.A total of 23 market announcements recorded during Abu Dhabi Finance Week, including major operational upgrades by The World Bank & JP Morgan, along with a strong lineup of emerging financial institutions ranging across fintech and sustainable finance.ADGM Chairman hails announcement flurry as “The most successful week in…
Algorand was selected to deliver a blockchain curriculum to 22,000 UNDP employees globally The United Nations Development Programme (UNDP) announces a partnership with Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure, and reliable layer-1 blockchain, to launch a blockchain academy to provide UNDP staff with knowledge and insights into the applications of blockchain technology. The announcement was made onstage today at the Algorand Impact Summit in New Delhi by Robert Pasicko, UNDP’s expert for alternative finance and low-carbon development. The Algorand Blockchain Academy will launch in 2024 and is designed to bolster UNDP staff…