Smart Dubai and IBM have rolled out the Middle East’s first government-endorsed blockchain platform, which slashes government payment processing times from a current average of 45 days to real-time transfers involving entities such as Dubai Electricity and Water Authority (Dewa).
The global IoT in retail market is expected to grow from USD 14.28 billion in 2015 to USD 35.64 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 20.07%, according to Research and Markets’ “Internet of Things in Retail Market – Global Forecast to 2020” report.
A new research report from Berg Insight predicts that LTE will become the leading technology for cellular Internet of Things devices in 2019. Berg Insight forecasts that global shipments of cellular IoT devices will grow at a compound annual growth rate of 20.1 percent to reach 239.7 million units in 2020.
Bank ABC and AFS (Arab Financial Services) announce that the 3rd Middle East & Africa FinTech Forum, the region’s premier fintech conference, will be held at the Ritz Carlton Hotel in Bahrain on 20-21 February 2019 under the patronage of the Central Bank of Bahrain.
Some 29 per cent of large enterprises in the Arabian Gulf said they are planning to adopt artificial intelligence this yearThere was a time when the only aspects of technology considered were the hardware and the software. For over a decade it occupied the tech savvy minds until the advent of “Cloud Computing”. Cloud Computing frontier is known to become more dynamic and economical with the advent of Blockchain Technology also hyped as “Younger sibling of Cloud Computing”.
Some 29 per cent of large enterprises in the Arabian Gulf said they are planning to adopt artificial intelligence this year
Insurance supervisors must change their approach to not only oversee the prudential and market conduct of insurance companies but also support the industry's development and efforts to implement technology, said Thailand's Office of Insurance Commission secretary-general Dr Suthiphon Thaveechaiyagarn, during his keynote address at the InsurTech Summit Thailand yesterday morning.
The world’s largest paid online TV network said it’s in final negotiations to purchase ABQ Studios.
In an exciting development which will make South Korea a key force for blockchain technology, the network ICON has sealed a strategic partnership with major insurer Kyobo Life to develop blockchain-based services.
Japan's No 1 automaker Toyota and technology giant SoftBank Group are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition.
If there is anything creating a buzz globally, it ought to be Satoshi Nakamoto’s Brainchild-Blockchain Technology (Integrated Ledger System). It was actually started to secure and power the public ledgers for all Bitcoin Transactions.
Automation and robotics are technologies that are rapidly gaining momentum around the world due to the growing demand for faster and more efficient manufacturing processes. Thanks to software improvements and the availability of big data, also called big data, advanced robots are not only displacing human workers in repetitive or dangerous tasks; they are also allowing industrial companies to gain competitive advantages through operational efficiency.
The 1958 establishment of the Advanced Research Project Agency or ARPA (later changed to Defense ARPA, or DARPA) resulted from the strategic surprise of the Soviet launch of the first artificial satellite in 1957. Since its establishment in 1958, DARPA has used an innovative approach to “creating breakthrough technologies and capabilities.”This approach benefited from a “constant stream of novel ideas and contributions from innovators looking beyond what is possible.”
As a teenager in Nigeria, I tried to build an artificial intelligence system. I was inspired by the same dream that motivated the pioneers in the field: That we could create an intelligence of pure logic and objectivity that would free humanity from human error and human foibles.
At the realm of a completely tech and digital savvy world makeover, there arises the serious threats of hacking and misuse of one's precious online data information.
Just hours before most Americans were expected to be able to legally access blueprints for 3D-printed guns, a federal judge in Seattle issued a temporary restraining order Tuesday stopping release of the blueprints until a hearing Aug. 10.
Could artificial intelligence upend concepts of nuclear deterrence that have helped spare the world from nuclear war since 1945? Stunning advances in AI—coupled with a proliferation of drones, satellites, and other sensors—raise the possibility that countries could find and threaten each other's nuclear forces, escalating tensions.
The Middle East is set to eye the regional launch of Cadillac's first-ever XT4 later this year, as the luxury car maker expands its SUV model range up to three, including the flagship full-size Escalade and the premium mid-size XT5.
Solar energy is poised to transform low-income economies, many of which are in the world’s sunniest regions. Solar’s growing share of the energy mix is being driven by better storage capacity
Mobile phones, the networks they connect to, the applications they use, and the services they access all collect and retain enormous amounts of information that can be useful in criminal investigations.
Schoolchildren from small-town Georgia to suburban Baltimore will encounter a new approach to learning when they head back to class this fall—one that makes them partners in their own education, not just participants.
Immersive technologies such as virtual reality (VR) and augmented reality (AR) allow users to behave how they would in the real world, but in an artificial environment centred around the user through headsets, earphones, and other body sensors.
Once the stuff of futuristic stories, delivery drones are fast becoming a reality. According to estimates from the Federal Aviation Administration, as many as 3 million commercial drones could be flying in U.S. airspace by 2020.
Earlier this year, 116 technology luminaries signed an open letter (PDF) imploring the United Nations to ban “lethal autonomous weapons systems,” warning that they would “permit armed conflict to be fought at a scale greater than ever.”
Technological developments and social dynamics could shift society into hyperdrive, which can usher in unprecedented security concerns. Despite the potential for increased speed as 2040 nears, this phase of acceleration is neither uniform nor deterministic.
This report reviews the current and projected status of wearable technologies with potential for use by law enforcement and describes three conceptual integrated vest systems that incorporate these technologies.
With the ever growing competitive and dynamically attributed modern world, either of the two only attracts or appease a customer.