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A blockchain project run by an Indian crypto entrepreneur is looking for startup capital at a $200 million valuation

The Spartan Group, Struck Crypto, Big Brain Holdings, and Cogitent Ventures are among some of the investors engaging to participate in the round. Shar

The Spartan Group, Struck Crypto, Big Brain Holdings, and Cogitent Ventures are among some of the investors engaging to participate in the round. Shardeum tries to address a trilemma that affects many blockchains where scalability, security, and decentralization must be prioritized. The startups eponymous blockchain, which is currently in testnet, aims to be EVM compatible and use proofofstake and consensus mechanisms to reduce the cost of running the network. Shardeum uses a technique called sharding that divides the network into multiple parts, allowing multiple transactions to be processed, verified, and verified in parallel. A startup of the same name currently on the testnet aims to make it compatible with the EVM blockchain. Shardeum plans to initially target Indian and emerging markets, according to sources familiar with the matter. We aim to launch the mainnet in the October quarter and release over 500 million SHM tokens. Read More..

B2B Tech News | 3 years ago          

German suppliers register for payment through special gas tax funds

In Germany, 12 gas suppliers have submitted claims for payments under a new gas levy. Gas prices in Europe are almost triple what they were before the

In Germany, 12 gas suppliers have submitted claims for payments under a new gas levy. Gas prices in Europe are almost triple what they were before the start of the conflict between Russia and Ukraine. The amount is a forecast, according to Germanys gas market operator, Trading Hub Europe the actual tax that businesses pass along to customers may be higher or lower. Among the 12 companies are SEFE, RWE Supply & Trading GmbH, and Uniper SE. Read More..

B2B Tech News | 3 years ago          

Egypt launches ClimaTech Run global competition for startups and digital artists

Egypt has launched the global ClimaTech Run competition for startups and digital artists to tackle the most pressing climate challenges. The initiativ

Egypt has launched the global ClimaTech Run competition for startups and digital artists to tackle the most pressing climate challenges. The initiative came as the Egyptian government stepped up preparations for the UN climate change conference in November. Startup finalists can submit their ideas to Cop27 and win prizes of up to $100,000. The United States launched the ClimaTech competition for startups in the fields of energy, food security, agriculture, water management, and new technologies. The competition is part of USAIDs approximately $35 million Egyptian business program. The US government has provided more than $30 billion to Egypt over the past decade and supported more than 10,000 Egyptian entrepreneurs. Read More..

B2B Tech News | 3 years ago          

Ford will eliminate 3,000 jobs in North America and India as it shifts its focus to software

Ford Motor Co said it would cut a total of 3,000 salaried as well as contract jobs, mostly in North America and India. Ford wants to generate more rev

Ford Motor Co said it would cut a total of 3,000 salaried as well as contract jobs, mostly in North America and India. Ford wants to generate more revenue from services based on digital software and connectivity. Teslas pretax profit this year surpassed Fords. Like other established automakers, Ford has a workforce that is largely hired to support a lineup using traditional combustion technology. Oil prices soar to nearly $97 after Saudi Arabia says OPEC oil producers may cut production Read More..

B2B Tech News | 3 years ago          

In its most recent corporate strategy, ASIC addresses technical threats

The Australian Securities and Investments Commission ASIC has identified technology risks such as fraud and cyber resilience as top priorities to addr

The Australian Securities and Investments Commission ASIC has identified technology risks such as fraud and cyber resilience as top priorities to address over the next four years. Other priorities include product design and distribution, sustainable finance, and retirement decisionmaking. Plans are underway to combat scams, manage digital assets, improve cyber resilience and governance, and boost its digital capabilities. The regulator aims to become a leading digitally enabled, datainformed regulator with $446 million available to support its plans in 2022–23. Eight major project plans are underpinned by internal priorities that enable ASIC to expand its use of digital technologies, data and analytics efficiency, and recruitment and registration upda Read More..

B2B Tech News | 3 years ago          

A Delhibased startup has developed an antipollution helmet for motorcyclists

Delhibased startup Shellios Technolabs has developed an antipollution helmet with a Bluetooth app that alerts riders when the helmet needs cleaning so

Delhibased startup Shellios Technolabs has developed an antipollution helmet with a Bluetooth app that alerts riders when the helmet needs cleaning so motorcyclists can breathe fresh air. A cleaning system on the back of the helmet captures any particles coming in from the outside and cleans them before the air reaches the rider. The Technology Ready Level TRL Level 9 product has been patented for utility and is currently sold across the country at Rs 4,500. The end users of the product are individual riders in India and for the next version, Shellios is partnering with Royal Enfield motorcycles to market the product. The founders of Shellios Technolabs came up with the idea to realize the challenges faced by motorcyclists during the air quality crisis that Delhi faces in winter. Read More..

B2B Tech News | 3 years ago          

JCB Contactless Flourishes in Germany, Austria, and Switzerland

Concardis and JCB have expanded their current collaboration. Thousands of merchants in Germany, Austria, and Switzerland will accept JCB Contactless.

Concardis and JCB have expanded their current collaboration. Thousands of merchants in Germany, Austria, and Switzerland will accept JCB Contactless. Cardholders can make contactless payments by simply waving their JCB Card or a smartphone that supports JCB Cards in their hands. Based on the universal chip standard EMVR, JCB Contactless provides a high level of security. According to Ray Shinzawa, Managing Director of JCB International Europe Ltd., the over 140 million Cardmembers of JCB are frequent travelers who desire to maintain their homelike ease of spending while away. Read More..

B2B Tech News | 3 years ago          

WiFi reception through walls is improved by coating

Vienna and Rennes researchers have developed a technique to create coatings that boost the transmission of radio waves for better WiFi reception. The

Vienna and Rennes researchers have developed a technique to create coatings that boost the transmission of radio waves for better WiFi reception. The method allows the calculation of a tailormade antireflective structure that can be added to a wall. A similar approach has been taken to block sound waves with a lightweight metamaterial sound screen. A team of researchers from TU Wien in Austria has developed a way to create a perfect antireflective layer for any medium that scatters waves in a complex way. An experiment in Rennes saw microwaves sent through a metallic waveguide in which the waves are scattered by dozens of small objects made of metal and Teflon placed randomly. Only about half of the microwave radiation reaches the other side, the rest were reflected. 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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