INDUSTRY NEWS
WRITERS & ANALYSTS
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Simon Montford
Founder WEB3//IOT |
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Dr Tim Willis
Senior Editor WEB3//IOT |
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Anthony Broderick
Writer/Analyst WEB3//IOT |
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Smart money and smart tech were on show at the VCT EIS-Forum
On Friday 30th November I attended the VCT and EIS Investor Forum in London. The event enabled private investors to meet fund managers in person and learn how different VCT and EIS funds compare. The event featured an expo, cinema, exhibition space, and seminar room where talks and panel debates took place throughout the day. Attendees were given the opportunity to gain industry insights and understand what is going on more generally across the entire small-cap equity market landscape. Read More | Subscribe | Social Media |
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Rolls-Royce demonstrates fully autonomous passenger ferry in Finland
Rolls-Royce has publicly demonstrated what it calls the “world’s first fully autonomous ferry” on a trip between Parainen and Nauvo in Finland. The British company entered a research partnership with Finnish state-owned Finferries back in May, revealing plans to “optimize ship safety and efficiency” through developing and demonstrating autonomous ferry technologies. Read More | Subscribe | Social Media |
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A Big Step for Public Blockchain
Ernst & Young today announced the launch of EY Ops Chain Public Edition prototype, the world’s first implementation of zero-knowledge proof technology on the public Ethereum blockchain. This technology is a first that will allow companies to privately and securely create and sell product and service tokens on a public blockchain with private access to their transaction records. EY Ops Chain PE uses ZKP technology to enable private token transfers without breaking the consensus algorithm. Read More | Subscribe | Social Media |
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Volvo is going to use autonomous trucks to haul stone out of a mine in Norway
Autonomous trucks made by Volvo will soon be hauling stone out of a Norwegian limestone mine, the car firm has announced. What it’ll deliver: Six autonomous trucks will transport limestone the five-kilometer (three-mile) route through tunnels between a mine owned by local firm Brønnøy Kalk AS and a processing facility at a nearby port. Read More | Subscribe | Social Media |
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KT SAT South Korean Satellite Company To Utilize Blockchain With 5G And IoT For Cybersecurity
The satellite operation wing of South Korea’s largest telecommunications company, KT Corporation is planning to explore blockchain technology. They have already set up a group dedicated to finding use cases for emerging technologies like AI, cybersecurity IoT, and Distributed Ledger Technologies. Read More | Subscribe | Social Media |
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Cybersecurity, Blockchain And The Industrial Internet Of Things
On September 28, California’s SB 327 was signed by the governor, making it the first such law in the U.S. mandating internet of things (IoT) device manufacturing security provisions (a similar, though more extensive, federal bill known as the Internet of Things (IoT) Cybersecurity Improvement Act of 2017 still sits with the Committee on Homeland Security and Governmental Affairs, and I have not seen any recent activity on its development). Read More | Subscribe | Social Media |
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Taking Web 3 Mainstream – Accelerating The Convergence Economy
Hopefully by now, you are familiar with Outlier Ventures and our investments. As a venture platform with finite resources to fulfill intensive advisory work, we have so far chosen to focus on areas we believe to be most impactful and profitable: the intersections of deep technologies like AI, IoT and the Next Gen Data, enabled by tokenized and open source distributed ledger technologies. Read More | Subscribe | Social Media |
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Pöyry and Infosys release new Krti 4.0 AI framework for operational excellence
Leading global corporations Pöyry and Infosys have announced the release of Krti 4.0® Artificial Intelligence (AI) Framework for Operational Excellence. The framework “overcomes some complex and expensive lifecycle management challenges faced by industry, utilities and infrastructure organisations across operational technology (OT) systems.” Read More | Subscribe | Social Media |
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New Linux Foundation members announced at Open IoT Summit
The final day of the Open Source Summit & ELC + OpenIoT Summit Europe will take place in Edinburgh, UK tomorrow. If you can’t make it you can tune into the free livestream to catch all of the keynotes live, but you will need to visit their website and register to gain access. The Linux Foundation, the nonprofit organisation enabling mass innovation through open source, announced the addition of 33 Silver members and 11 Associate members in the month of September. Read More | Subscribe | Social Media |
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Intel partners with Rolls-Royce to develop autonomous cargo ships
Rolls-Royce today announced that it would use Intel chips as it develops a global system for autonomous ships that carry cargo on the high seas. The partnership follows the announcement last year of an ambitious timetable to have fully autonomous shipping fleets deployed by 2025. While based in the U.K., Rolls-Royce is developing the shipping technology in R&D centers located in Finland and Norway. Read More | Subscribe | Social Media |
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Cybereason partners with arm to pioneer iot device protection
Cybereason, creators of the leading cybersecurity AI Hunting Platform, today unveiled its strategic plan to partner with Arm in securing billions of Internet of Things (IoT) devices across sectors, including in the utility and energy, transportation and logistics, and connected buildings industries. With SoftBank’s backing, the companies are delivering compelling solutions and leading the charge in providing device-to-data security for IoT. The companies plan to protect one trillion connected devices by 2035. Read More | Subscribe | Social Media |
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Finnish ZYFRA ranked TOP10 industrial solutions at IOTSWC
ZYFRA became one of 10 companies selected as a participant of a TESTBEDS section of the IoT Solutions World Congress held in Barcelona on the 16th–18th of October. Digital Advisor is a recommendations system for industrial enterprises that presents to the operator a specific guide to action to achieve the target parameters (energy efficiency, quality, productivity). “We are proud of being featured among 10 best AI solutions in real production sector projects and be presented in a TESTBEDS section”, said Dmitry Lukovkin, AI Business Director of ZYFRA. Read More | Subscribe | Social Media |
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SoftBank believes 1 trillion connected devices will create $11 trillion in value by 2025
SoftBank Group chief operating officer Marcelo Claure said that a trillion connected devices on the internet of things will generate $11 trillion in value by 2025. That assumes that about 100 IoT devices — which are everyday objects that are smart and connected — will exist for every person, Claure said in a keynote speech at the Arm TechCon 2018 event in San Jose, California. Read More | Subscribe | Social Media |
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Crypto quantique unveils first quantum driven secure chip
The world’s most advanced security product for IoT devices was unveiled yesterday at the IoT Solutions World Congress. Developed by the UK company, Crypto Quantique, it has the capabilities required to become the foundational security product for every IoT device in the world. The foundational technology consists of the world’s first quantum driven secure chip (QDSC) on silicon which, when combined with cryptographic APIs, provides highly scalable, integratable, easy-to-implement and seamless end-to-end security for any connected device. Read More | Subscribe | Social Media |
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MOBI launches Grand Challenge for blockchain in transport sector
Transport industry blockchain consortium the Mobility Open Blockchain Initiative (MOBI) and the Trusted IoT Alliance (TIoTA) have jointly launched a new initiative to spur the development of blockchain and connected technologies in transportation: the three-year MOBI Grand Challenge (MGC). Read More | Subscribe | Social Media |
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Next Steps In The Integration Of Artificial Intelligence And The Blockchain
Having worked in the cryptography space for over two decades, and having been an active participant in the cryptocurrency evolution since its inception, I take a deep interest in the subject. In particular, I believe that the intersection of artificial intelligence (AI) and blockchain is an exciting but challenging new development. Read More | Subscribe | Social Media |
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Tim Berners-Lee joins the decentralisation revolution
Today’s web is pretty much controlled by an oligopoly of tech giants that I will refer to as “GAFAM”. They have grown incredibly rich by hoovering up personal data belonging to billions of people and using it to develop incredibly addictive products. This practice is, in most cases, perfectly legal as it is done with the consent of their users. Read More | Subscribe | Social Media |
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The Blockchain-Enabled Intelligent IoT Economy
The IoT and consumer hardware industry have seen multiple failures and a few exits over the last 12–18 months (while the B2B side has been doing a bit better overall) and some criticism has been recently made to the industry to slow down. Read More | Subscribe | Social Media |
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David and Goliath: The Rise of Challenger Banks
When I attended Digit’s FinTech event held in Edinburgh last week – another impeccably run conference – one of the main, consistent themes was the rise of challenger banks. What became obvious from the talks I listened to and the conversations I had with delegates was that a classic David and Goliath scenario is starting to play out. Not only are plucky fintech startups like Atom, Monzo and Revolut enticing affluent young customers away from traditional banks, but they are also managing to convert them into fiercely loyal advocates. This is an extraordinary feat when you consider how much is spent by incumbents on advertising and marketing. Read More | Subscribe | Social Media |
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$414 Billion Alibaba’s Jack Ma: Blockchain Needs to Target Manufacturing Industry
At World AI Conference 2018, Jack Ma, the co-founder and chairman of $414 billion e-commerce conglomerate Alibaba, stated that artificial intelligence (AI), blockchain, and Internet of Things (IoT) can all become meaningless if they fail to target the manufacturing industry. Read More | Subscribe | Social Media |
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AI chip war heats up as Nvidia targets smart farm machinery
Nvidia is joining forces with Japan's Yamaha Motor to create smart machinery for agriculture and other fields, firing a shot in the intensifying battle for supremacy in chips designed for artificial intelligence.The American chip design and graphics card company is scrabbling with compatriot Intel and rising Chinese competitors to supply chips for rapidly processing massive amounts of image and other data. The war is spilling over into new frontiers from existing ones like automated driving and data centers. Read More | Subscribe | Social Media |
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65% of Large Enterprises Aim to Deploy Blockchain
The world’s largest companies are increasingly taking blockchain seriously, according to a study by analyst firm Juniper Research. Its recent survey found that 65% of enterprises with more than 10,000 employees are considering or actively engaged in blockchain deployment – a rise from last year, when the corresponding figure was 54%. Read More | Subscribe | Social Media |
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Nvidia unveils Tesla T4 chip for faster AI inference in datacenters
Nvidia today debuted the Tesla T4 graphics processing unit (GPU) chip to speed up inference from deep learning systems in datacenters. The T4 GPU is packed with 2,560 CUDA cores and 320 Tensor cores with the power to process queries nearly 40 times faster than a CPU. Read More | Subscribe | Social Media |
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How IBM labs in India are using AI, IoT, blockchain to help enterprises
IBM is also combining the power of AI with the Internet of Things (IoT). E&J Gallo Winery is using Watson’s AI to get smart weather reports and remote sensor data to deliver precise amounts of water to each vine, thus optimizing growth, according to Raghavan. Similarly, IBM is leveraging AI and Blockchain by tying up with Walmart Inc., and nine other companies including Nestlé SA, Tyson Foods Inc. and Unilever NV, to release a blockchain to track food globally. Read More | Subscribe | Social Media |
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Maltese accelerator seeks to attract AI, blockchain and IoT startups via EUR 30,000 grants
Malta’s Mita Innovation Hub offers EUR 30,000 in funding to tech startups willing to register on the island. Startups active in the fields of emerging technologies, such as DLT (Distributed Ledger Technology), Internet of Things (IoT) and Artificial Intelligence (AI), can submit their applications by 10 September. Read More | Subscribe | Social Media |
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Electronics Giant LG Focuses on Development of Blockchain, AI, IoT with Branding Strategy
LG CNS, a subsidiary of South Korean multinational conglomerate LG Corporation, has announced a plan to strengthen its enterprise offerings in seven key areas including blockchain, according to an official press release published August 22. LG CNS is planning to release new “strategic” brands for each of the seven platforms of newly developed technologies — blockchain, artificial intelligence (AI), internet of things (IoT), smart city, smart factory, robot service, and smart energy — in order to promote the “fourth industrial revolution” with its enterprise portfolio. Read More | Subscribe | Social Media |
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IoT Platform Wars Have Begun, Blockchain Might Foster a Win-Win for All Stakeholders
As the Internet of Things (IoT) is here to stay and blockchain has the ability the change industries, this article provides insight into how blockchain could facilitate the faster adoption of IoT in the mass market. Read More | Subscribe | Social Media |
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A blockchain, designed in Japan, paves the future of the sharing economy
BCL Foundation has announced the launch of a project to create a full-scale public chain for enterprise from Singapore, the BCL Chain, which aims to connect the virtual and real world through the power of blockchain and IoT devices. Read More | Subscribe | Social Media |
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China to Lead International Standardization Research Group for IoT, Blockchain Tech
China will lead an international research group on the standardization of the Internet of Things (IoT) and blockchain technology, local news outlet Science and Technology Daily reports July 18. Read More | Subscribe | Social Media |
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Blockchain Technology and IoT to Manage Supply Chains and Animal Welfare Conditions in Australia
According to the Australian Broadcasting Network (ABC), John Baird, entrepreneur and former CSIRO experimental scientist and chairman of the cybersecurity advisory council, is looking to combine blockchain technology and internet of things (IoT) technology to track the food supply chain from paddock to plate. Read More | Subscribe | Social Media |
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Can IoT and Blockchain Combo Offer a Win-Win?
Owing to the concept of Internet of Things (IoT) there is a big surge in the internet connected devices. IoT is the internet-based network of physical devices which includes home appliances, electronics, vehicles, and other appliances and gadgets that use firmware, software and sensors to not only keep them connected to the Internet, but also enables them to exchange real-time data with other systems resulting in increased efficiency, economic benefits, and less need for human intervention. Read More | Subscribe | Social Media |
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Google unwraps its gateway drug: Edge TPU chips for IoT AI code
Google has designed a low-power version of its homegrown AI math accelerator, dubbed it the Edge TPU, and promised to ship it to developers by October. Announced at Google Next 2018 today, the ASIC is a cutdown edition of its Tensor Processing Unit (TPU) family of in-house-designed coprocessors. Read More | Subscribe | Social Media |
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Einride’s T-log is an autonomous truck, but only for logs
Self-driving cars ferry folks from place to place. They deliver food. And starting later this year, they’ll transport wood from logging sites to sawmills. Self-funded Swedish company Einride today announced the T-log, an autonomous, all-electric logging truck that’s designed to navigate hilly, winding forest roads. Read More | Subscribe | Social Media |
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Blockchain for IoT: A Big Idea Meets Hard Design Questions
One of the most ambitious ideas in blockchain is that the technology could enable not just people and businesses to transact with each other seamlessly, but also machines. If this scenario, first articulated a few years ago, comes to pass, devices ranging from refrigerators to automobiles would not only collect and share data as part of the emerging internet of things (IoT), they would also be endowed with cryptocurrency wallets and unique, blockchain-based identities. Read More | Subscribe | Social Media |
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Kawasaki Tests Its New AUV in The Underwater Centre
Kawasaki Heavy Industries has reached an agreement with The Underwater Centre (TUC) in Fort William, Scotland, to conduct a verification test of a prototype autonomous underwater vehicle (AUV) equipped with a robot arm for subsea pipeline inspection. Read More | Subscribe | Social Media |
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Roborace car to run at Goodwood Festival of Speed
The Roborace autonomous racing car will take part in the 2018 Goodwood Festival of Speed. The car, which is powered by four 135kW electric motors and uses an artificial intelligence driver algorithm for guidance, will drive up the event's 1.16-mile hillclimb course. The 2018 edition of the FoS is the 25th anniversary of the event, and takes place on July 12-15. Read More | Subscribe | Social Media |
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Lego's new model is the future of construction equipment
Developed (over two years) as a Lego model first, then turned into a full-on digital prototype Volvo promises could theoretically be built “tomorrow”, it’s an autonomous, electric front-loader with a camera boom called the ‘Eye’ and a deployable scout drone. Read More | Subscribe | Social Media |
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Hitachi and Edinburgh University Working on Superfast Robots
Technology giant Hitachi is working with researchers from the University of Edinburgh to develop smart robots for warehouses and assembly lines. Researchers from the University of Edinburgh are wirking with Hitachi to create a new generation of robots for use in factory operations and warehouses which are around 40% faster then those currently in use. The system works via a smart camera, programmed with details about goods to be moved. Read More | Subscribe | Social Media |
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Which Blockchains Will Survive the Web 3.0 Protocol Wars?
Here at WEB3-IOT our aim is to track the inevitable convergence between the Internet of Things (IoT), Artificial Intelligence (AI) and Distributed Ledger Technologies (DLT) such as blockchain. One of the most heated debates in the DLT space right now is - which blockchain will form the infrastructure for the coming wave of Decentralised Applications (Dapps) that will run on Web 3.0? Anthony Broderick takes a deep dive into how Bitcoin and Ethereum' blockchain platforms stack up against EOS. Read More | Subscribe | Social Media |
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How Innovative Startups Are Using Blockchain To Make IoT More Secure
The buzz surrounding the Internet of Things (IoT) has been on for a while. And with good reason — the IoT’s promising ability to impact all aspects of life. Connecting physical objects to the Internet is probably the next big thing that will define the next century of human civilization. From communicating with objects to controlling the way they operate remotely — either at the touch of a button or in an autonomous fashion — IoT is raising the standard of modern living in a multitude of ways. Read More | Subscribe | Social Media |
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Conference Organisers: Don't Get Seduced By Crypto Fever
Before I begin, it is vital that I make one thing very clear. By writing this piece, it is not my intention to judge or undermine event organisers. They must be congratulated for all their hard work, and it’s important to remember that conferences are a platform for innovation. They facilitate connections, inspire new thinking, and enable innovators to promote themselves and obtain much-needed visibility as a result of being given a forum to speak and exhibit. It's always a great pleasure to cover our favourite conferences, and include them in our 2018 Conference Directory. We consider it as our duty to support them, so keep up the good work! Read More | Subscribe | Social Media |
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Artificial Intelligence: What Side Of History Do You Want To Be On?
CogX is a two-day AI extravaganza that brings together the biggest, best and brightest minds in Europe to really talk about the future of AI, blockchain and the future. Hold this conference in China or the US and you'd have a completely different conversation thanks to investment levels, protectionism and talent strategies - a key theme of several of the early panels and people I spoke to. The panel on the main stage who opened up CogX in London were tasked with setting the scene for the future of AI and where we are right now. The tone set felt distinctly like we're losing to the US/China, mixed with ‘we’re on a knife-edge of bad things happening’ sprinkled with distinctly hopeful tones that potential issues are not inevitable. Read More | Subscribe | Social Media |
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Robotic cones will keep traffic flowing
Engineers are planning an army of motorised cones, designed to wheel themselves off the hard shoulder without human assistance, to follow roadworks as they progress along the motorway, and even automatically replace fallen comrades when they are hit by cars or stolen by students. The prototype devices, created by a team from the British engineering company Costain, are intended to keep roads flowing faster but also to improve safety for motorway roadworkers — for whom laying out the cones is one of the most dangerous. Read More | Subscribe | Social Media |
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AI, IoT & Blockchain Exhibition Europe 2018: Get Involved
Three parallel tech events will take place in Amsterdam's RAI Convention Centre later this month that will showcase cutting-edge technologies from more than 300 exhibitors, and insights from 300 speakers. The total number of attendees over the two-day event is expected to be 8,000. The IoTTech, AI, and Blockchain Expos will take place on 27-28th June, and the IoTTech Expo alone will offer eight different tracks that will cover the impact of new trends within the IoT space across many different industries. Read More | Subscribe | Social Media |
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Land Rover Wants to Take Self-Driving Cars Off-Roading
Land Rover builds cars with two principles in mind: off-road capability and in-car comfiness. When you buy a Range Rover or Discovery, you’re paying for a vehicle that can clamber over boulder-strewn trails and give you a back massage at the same time. So it shouldn’t be surprising that last week the automaker announced it is developing the ultimate combination of these qualities: self-driving cars that can go off-road. Read More | Subscribe | Social Media |
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Using Blockchain to Advance IoT
Imagine two disruptive technologies come together to democratize transparency and connectivity in the tech world. That’s exactly what’s happening with blockchain technology, once synonymous with powering cryptocurrencies including Bitcoin, has the potential to be a disruptor in a number of verticals and the internet of things (IoT), with blockchain addressing key IoT security concerns. Read More | Subscribe | Social Media |
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Blockchain, service-centric networking key to IoT success
Connecting and securing the Internet of Things (IoT) should be achieved with a combination of service-centric networking (SCN) along with blockchain, researchers say. The scientists, who call their IoT architecture Blockcloud, presented their ideas at GENESIS C.A.T., an innovation-in-blockchain technology event in in Tokyo recently. Read More | Subscribe | Social Media |
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Blockchain Must Adapt to Build Trust in the Internet of Things
The edge is messy. And the edge, where billions of interacting devices that will make up the Internet of Things will reside, is where IoT data is generated and acted upon. There are often no secure physical perimeters where the raw sensing of the physical world takes place: on rooftops and space stations, inside mines and aircraft engines, on container ships and solar panels. Read More | Subscribe | Social Media |
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IBM to Hire 1,800 Employees in France for Blockchain, IoT, AI
IBM announced that it would recruit about 1,800 people in France to work in the field of distributed ledger technology (DLT) and cloud computing. The plan was revealed before a meeting between IBM’s top executives with French President Emmanuel Macron. Besides IBM, the French leader met on Wednesday with Facebook CEO Mark Zuckerberg, Intel’s Brian Krzanich, Microsoft’s Satya Nadella, and other big names of the tech industry. Read More | Subscribe | Social Media |
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Incoming data protection rules could scupper blockchain before it's even taken off
Legal experts believe there are "irreconcilable" differences between blockchain and the upcoming General Data Protection Regulation (GDPR), raising doubts as to whether the technology can achieve widespread adoption under the new data laws. The principles of distributed ledger technologies (DLT) are said to have been the cause of "massive tension" in the legal community, which is unconvinced that the enforcement of basic provisions under GDPR, such as the identification of a data controller, which controls how personal information is stored and analysed, and the role of a data processor, which does the storing and analysing, will be possible. Read More | Subscribe | Social Media |
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Kontakt.io Teams IoT Platform with IOTA’s Blockchain for Monitoring and Asset Tracking
Polish internet of things (IoT) location tracking group Kontakt.io has teamed up with the IOTA Foundation to integrate the latter’s distributed ledger technology with its platform. According to a press release Thursday, the integration will enable tamper-proof and chargeable readings of smart sensor data, equipping healthcare operators and supply chain firms — which monitor environmental conditions for compliance reasons — with fully transparent ways for storing and reporting on telemetry data. Read More | Subscribe | Social Media |
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