Contracts have long created headaches for the business community. Traditionally authorized by third parties such as banks and courts, business contracts can be expensive and time consuming, in addition to often ending in disputes — or even lawsuits. However, blockchain technology and the Internet of Things (IoT) could allow for “smart contracts” that eliminate the […]
The Internet of Things (IoT) has the power to connect all devices through a cloud-based ecosystem. In the future, it could potentially undergird the infrastructure of smart cities in order to make communications far more streamlined and efficient than they are today. However, a major obstacle for IoT is that it still depends largely on […]
The COVID-19 pandemic is forcing organizations all over the world to digitally transform their operations as more employees work from home. As remote work becomes the new normal, many organizations are transitioning data storage not only to the cloud, but to the “edge” in a major shift towards digital transformation. Edge computing, a form of […]
All over the globe, telecommunications companies are racing to grow their 5G networks with faster speeds and coverage. The technology has already arrived in many regions, including Europe and the U.S., and will continue to expand. In the last months of 2020, bids for 5G spectrum in the U.S. spiraled to $70 billion. As these […]
The Internet of Things (IoT) is creating excitement over its potential to transform the world, but the real power of IoT will be bolstered by another emerging technology—blockchain. IoT is a system of interconnected devices that gather and transfer data over a wireless network. These devices come with sensors that collect, store, and examine data. […]
With over 55 million people infected with COVID-19 worldwide, hospitals are under enormous strain, and remote care is needed more than ever. To meet the growing demand, the European Commission has created an (EUR) $8 million project called “IntellIoT”. It is one of several projects that will use Internet of Things (IoT) technology to boost […]
The Internet of Things (IoT) is gaining momentum. Between 2014 and 2019, the number of companies using IoT grew from 13% to 25%, according to the consulting firm McKinsey & Company. By 2023, there are expected to be 45 billion connected IoT devices, which will help set the foundation for future smart cities. Despite the […]
The race to manufacture a viable COVID-19 vaccine raises an important question: Given the logistical challenges of delivering vaccines to billions of people across the planet—with many stops along the way—how can they be safely distributed? Vaccines need to be temperature-controlled or they will lose their efficacy. According to the International Air Transport Association’s Center […]
Despite roadblocks created by the COVID-19 pandemic, edge computing is expected to undergo explosive growth over the next decade, bolstered by developments in 5G and Internet of Things (IoT) technology. According to Grand View Research, the technology’s global market value in 2019 was $2.5 billion USD. By 2027, that value is expected to increase to […]
The coronavirus (COVID-19) pandemic sweeping the globe has caused the 3rd Generation Partnership Project (3GPP), the international organization that creates telecommunication standards, to delay the release of two 5G standards. These standards will determine 5G requirements for standalone (SA) networks, industrial Internet of Things (IoT) devices, and vehicle-to-everything (V2X) systems. The standards, Rel-16 Stage 3 […]
