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Iran Places First CryptocurrencyPowered Import Order

This week, Iran placed its first official import order using cryptocurrencies. The move could enable the Islamic Republic to circumvent U.S. sanctions

This week, Iran placed its first official import order using cryptocurrencies. The move could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. It was a first step toward allowing the country to trade through digital assets that bypass the dollardominated global financial system. Tehran is one of the largest economies to adopt cryptocurrency technology, born in 2008, as a means of payment. A study found that 4.5% of all bitcoin mining was taking place in Iran, partly as a result of cheap electricity. The mining of cryptocurrency could help Iran earn hundreds of millions of dollars that can be used to buy imports and lessen the impact of sanctions. Central African Republic CAR, one of the worlds poorest countries, became the first African state to make bitcoin legal tender in April, and last month launched its digital coin. Read More..

B2B Tech News | 3 years ago          

Size, Share, and Forecast of the Global Smart Textiles for Wearable Technology Market to 2031

Intelligent textiles help carry technology market research for a new entry into accurate market data and contact with customers to understand needs an

Intelligent textiles help carry technology market research for a new entry into accurate market data and contact with customers to understand needs and preferences. The report includes the analysis of the electronic sector in major global regions North America, Latin America, Western Europe, South Asia, Southeast Asia, Australia, the Middle East, and North Africa and Africa. Primary and secondary research was combined to create an indepth report. This report includes regional and competitor analysis as well as the latest developments in global markets. Read More..

B2B Tech News | 3 years ago          

A promising start for Australias newest supercomputer

Soon after the first phases of the computer system were made available to researchers, Australias newest supercomputer, Setonix, was able to take extr

Soon after the first phases of the computer system were made available to researchers, Australias newest supercomputer, Setonix, was able to take extremely detailed pictures of the supernova remnant. The highspeed fiber was used to send this data to Perths Pawsey Supercomputing Research Center. Setonix, which takes its name from Western Australias beloved quokka Setonix brachyurus, is an important part of the Pawsey Centres $70 million capital improvement project. Two steps are taken to install the new supercomputer. Phase 2 is anticipated to be finished later this year, while Phase 1 is going well. The data gathered by ASKAP.Dr. is processed by Setonix. Read More..

B2B Tech News | 3 years ago          

Google adds 3 cloud regions in Asia Pacific

In addition to the 11 regions Google already has, Google is adding three more cloud regions in the Asia Pacific region, Google Cloud Vice President, A

In addition to the 11 regions Google already has, Google is adding three more cloud regions in the Asia Pacific region, Google Cloud Vice President, Asia Pacific Karan Bajwa said in a blog post. Bajwa added that three new locations will be in Malaysia, Thailand, and New Zealand, adding to the six announced locations in Berlin, Dammam Saudi Arabia, Doha, Mexico, Tel Aviv, and Perth. The launch of this new region will join the 34 cloud regions operating globally, including 11 regions in the Asia Pacific region, offering highquality services running on the cleanest cloud in the industry, said Bajwa. Google is far behind Amazons cloud services and Microsofts Azure in terms of global cloud market share. The blog post, as expected, quotes many companies praising Googles cloud services. Read More..

B2B Tech News | 3 years ago          

Bugs in the Mitsubishi industrial controller software that were inherited from OpenSSL

Mitsubishi Electrics worldwide industrial control software is vulnerable to a critical OpenSSL vulnerability discovered earlier this year. The company

Mitsubishi Electrics worldwide industrial control software is vulnerable to a critical OpenSSL vulnerability discovered earlier this year. The companys GT SoftGOT2000 software emulates the companys GOT controllers on PCs, offering control over everything from PLCs to industrial robots. The software is vulnerable to the controversial instruction injection bug CVE20221292. One of the bugs was discovered by Google researcher Tavis Ormandy in February the other is an infinite loop denialofservice bug. Read More..

B2B Tech News | 3 years ago          

Greenspot wins approval for 500MW BESS project in Australia

The NSW Ministry of Planning and Environment has given the investment business permission to proceed with a Battery Energy Storage System BESS project

The NSW Ministry of Planning and Environment has given the investment business permission to proceed with a Battery Energy Storage System BESS project. On the abandoned central Wallerawang site close to Lithgow, a 500MW/1000MWh project will be built. A total of about US$400 million US$280 million is anticipated to be invested after it is finished. Excellent road, rail, and water infrastructure connections are available at the site, both now and in the future. Additionally, a highintegrity data network is nearby. The Australian government has also identified six locations for offshore renewable energy projects. The significance of the areas potential future contribution is exemplified by Wallerawang Battery 9. Read More..

B2B Tech News | 3 years ago          

Health insurance companies are planning a common technology platform to prevent fraud

The Association of Kenya Insurers is seeking a consultant to help create a common health insurance database. The consultant will be anticipated to cre

The Association of Kenya Insurers is seeking a consultant to help create a common health insurance database. The consultant will be anticipated to create a system that will provide a range of fees for various medical procedures. Anything above the upper limit will trigger an alert for special authorization in a bid to catch cheats. Kenyas private healthcare sector is booming amid underfunding of the public health sector. However, rising insurance claims have faulted the class to years of losses. Medical claims jumped 29.59 percent to Sh7.73 billion in the first quarter of this year from Sh5.97 billion in a similar period last year. Read More..

B2B Tech News | 3 years ago          

Russia has successfully launched an Iranian satellite into space

A Russian rocket launches the Iranian Khayyam satellite. Iran says the satellite will be used to monitor the environment and will be under control. Th

A Russian rocket launches the Iranian Khayyam satellite. Iran says the satellite will be used to monitor the environment and will be under control. The Russian state space company calls this an important milestone in the cooperation between Moscow and Tehran. The Soyuz rocket was launched at 852 a.m. Moscow time GMT 0552 on Tuesday from the Russianleased Baikonur launch pad in Kazakhstan. Yuriy Borisov, head of the Russian state space company Roscosmos, called the launch a major milestone in MoscowTehran cooperation. Read More..

B2B Tech News | 3 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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