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Blockchain investment in Africa increased dramatically in the first half of the year

As the use of cryptocurrencies in Africa keeps growing, so too has the continents blockchain ecosystem. The three countries with the highest inflows o

As the use of cryptocurrencies in Africa keeps growing, so too has the continents blockchain ecosystem. The three countries with the highest inflows of cryptocurrency venture capital are South Africa, Kenya, and Nigeria. The report also outlined how the continents crypto ecosystem grew as a result of the absence of shared legacy financial systems. The report also outlined how the continents large population of primarily unbanked citizens and the absence of widespread legacy financial systems contributed to the spread and growth of cryptocurrencies. Read More..

B2B Tech News | 3 years ago

Nuclear energy is not viewed by Goldman Sachs as a future technology that will revolutionise society.

Nuclear energy is not one of the transformational technologies for the future, says Michele Della Vigna, head of Goldman Sachs EMEA commodity business

Nuclear energy is not one of the transformational technologies for the future, says Michele Della Vigna, head of Goldman Sachs EMEA commodity business unit. The comments come after a recent report looked at whether Europe could bolster its energy independence following Russias invasion of Ukraine. The report said natural gas — a fossil fuel — would remain important when it comes to Europes energy supply over the next two decades. The International Energy Agency says nuclear power accounts for roughly 10% of global electricity. In developed economies, thats about 20 percent of production, says the International Energy Agency. The growth and development of nextgeneration installations like modular plants could help redress this balance. Nuclear power plants also contribute to electricity security by keeping power grids stable. Read More..

B2B Tech News | 3 years ago

Malaysian startup Qmed Asia launches telemedicine kiosk for corporate employers

Malaysian health tech startup Qmed Asia recently launched a telemedicine kiosk for corporate employers. Called Qmed GO, the kiosk functions as a minic

Malaysian health tech startup Qmed Asia recently launched a telemedicine kiosk for corporate employers. Called Qmed GO, the kiosk functions as a miniclinic where licensed family doctors provide online health advice and remote diagnostics. It has a cloudconnected IoT medical device that can monitor up to 16 vital signs in realtime, with data accessible through the Qmed patient app and employer dashboard. Qmed Go also provides secure access to medical records and medication delivery. According to a report by global consultancy Willis Towers Watson, the cost of employersponsored healthcare in Asia Pacific is expected to increase by 7.6% this year. Another healthcare technology provider in APAC has launched telemedicine kiosks to improve access to essential healthcare services during the pandemic. Read More..

B2B Tech News | 3 years ago

The new core banking system that Heritage Bank aims to implement

Heritage Bank may be able to leapfrog a planned digital transformation of its own if a merger of equals with Adelaidebased Peoples Choice Credit Union

Heritage Bank may be able to leapfrog a planned digital transformation of its own if a merger of equals with Adelaidebased Peoples Choice Credit Union is approved. First proposed in 2021, it is expected the merger will result in one of Australias largest customerowned banking institutions with around 700,000 members and $22 billion in total assets. Heritage Bank is to merge with Peoples Choice, creating an alternative to the major banks. The two organizations are working on the practicalities of getting the merged entity operating as one bank from day one. The two organizations are already working together on their preferred technology platforms for the merged entity. Lock said it could take three or so years to complete the integration between the two. Read More..

B2B Tech News | 3 years ago

Google Equiano The internet giant is betting big on Africa in its latest big project

On July 1, a cable arrived from the Atlantic Ocean to Swakopmund, a small town on the west coast of Namibia. Thousands of kilometers of undersea cable

On July 1, a cable arrived from the Atlantic Ocean to Swakopmund, a small town on the west coast of Namibia. Thousands of kilometers of undersea cables have been delayed for months due to harsh conditions and COVID19. Google funded Equiano is the latest undersea internet cable. The 15,000 km long cable from Portugal to South Africa terminates at termination points in Nigeria, Togo, St Helena and Namibia. This cable is intended to provide highspeed broadband to the west coast of Africa. It has a capacity of 144 terabits per second, which is 20 times the speed of previous cables serving the region, and in some countries more than 5 times the speed of the Internet. When completed, Googles new Equiano submarine internet cable will stretch from Portugal to South Africa, with offices in Nigeria, Togo, Namibia and St. Helena. Read More..

B2B Tech News | 3 years ago

When the sun turns off the solar panels

It is a frustrating paradox at a time when Germany is dealing with an energy supply crisis that the more sun that shines in the southern German town o

It is a frustrating paradox at a time when Germany is dealing with an energy supply crisis that the more sun that shines in the southern German town of Aurach, Jens Husemans solar panels may be off the grid. During a recent sunny period, Husemann told AFP that it was being shut off daily and that there had been more than 120 days of forced shutdowns so far this year. In addition to operating an energy conversion business close to Munich, Husemann owns a large solar power system on the flat roof of a transport company in Aurach, Bavaria. Read More..

B2B Tech News | 3 years ago

Baidu will run fully autonomous commercial robot taxis in Chongqing and Wuhan

Chinese internet giant Baidu has been approved to offer a fully unmanned commercial robot taxi service. The companys autonomous ridehailing unit, Apol

Chinese internet giant Baidu has been approved to offer a fully unmanned commercial robot taxi service. The companys autonomous ridehailing unit, Apollo Go, will operate in the Chinese cities of Wuhan and Chongqing. Each city will have a fleet of five Apollo 5th generation robotaxis, each with 1 million kilometers worth of test driving. Baidu has launched its driverless taxi service, Apollo Go, in Wuhan and Chongqing. The company said it plans to expand its ridehailing service to 65 cities by 2025 and 100 cities by 2030. By the end of this year, Baidu expects to add another 300 Apollo 5th gen robotaxis to its existing fleet. Baidu has won licenses to offer driverless ridehailing services in Wuhan and Chongqing, Chinas Auto City, and Yongchuan District. The company already has a permit to operate on public roads in Beijing. In the United States, Cruise recently began offering commercial drone services in San Francisco, and Waymo will begin offering services in Arizona in 2020. Baidu has Read More..

B2B Tech News | 3 years ago

Coinbase partners with BlackRock to give Aladdin customers access to Bitcoin

The company has laid off 18% of its employees to prepare for what will be an extended Crypto Winter. Combining the two systems will give BlackRocks $2

The company has laid off 18% of its employees to prepare for what will be an extended Crypto Winter. Combining the two systems will give BlackRocks $20 trillion institutional clients access to Coinbases trading, custody, prime brokerage, and reporting services. BlackRock has announced the acquisition of Aladdin, which will allow clients to track their crypto investments along with the rest of their portfolios.This relationship with Aladdin allows our clients to manage their bitcoin exposure through direct portfolio management, said BlackRock. Read More..

B2B Tech News | 3 years ago

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