By 2025, there will be over 23 billion connections on the Internet of Things (IoT) compared to 15.1 billion in 2021, according to a recent report from GSMA, an industry organization that represents the interests of mobile network operators worldwide. The Internet of Things is a network of interlinked devices that harness the internet to […]
From regulatory compliance to invoicing dilemmas, businesses are dealing with some major headaches – and turning to blockchain for a cure. Among these businesses are automakers harnessing blockchain technology. In May 2021, French automaker Renault announced it had created a new blockchain solution to ensure European auto industry components are in compliance with new regulations […]
2021 proved to be a tough year for cyber security. After a slew of ransomware attacks forced a number of companies to dole out millions of dollars, a major vulnerability has been discovered in “Log4j,” the software behind a number of popular software applications. Unlike previous attacks that primarily targeted organizations, the Log4j vulnerability poses […]
The COVID-19 pandemic triggered a dramatic shift to digital transformation as millions of employees began to work from home. Now, with pandemic disruptions suppressing global supply chains; manufacturers, ship operators and importers are switching from paper to digital transactions using blockchain technology, reports Enda Curran in Bloomberg. As discussed in a previous post, blockchain is […]
Improving transparency and security, preventing fraud, and reducing errors along supply chain routes are just a few of the ways blockchain can help businesses thrive. Perhaps the biggest benefit of all is the amount of time and money blockchain can save companies while boosting trust and customer loyalty. “We see a major application of blockchain […]
A recent report from the U.S. Cybersecurity and Infrastructure Security Agency, the National Security Agency, and the Office of the Director of National Intelligence, warns of three major threat vectors that can potentially imperil 5G networks. The report, titled Potential Threat Vectors to 5G Infrastructure, details outcomes from the 5G Threat Model Working Panel, which […]
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 supply chain industry is filled with obstacles, particularly when it comes to the logistics of getting goods and materials from one place to another. Current supply chain systems are laden with paperwork and the headache of unanticipated problems that arise in daily operations. Increasingly, experts see blockchain technology as a potential solution to simplifying […]
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. […]
Artificial intelligence (AI) is evolving rapidly. According to multinational professional services company, Accenture, businesses spent $306 billion USD on AI applications over the past three years. Despite the advancement of AI, there are currently no specific ethical regulations around the technology—though some governments, including the European Union, are working to establish them. Meanwhile, many organizations […]
