Author: Akin Naphtal

The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals. Not long after several Wall Street banks collapsed in 2008, a nine-page document circulated on an obscure mailing list, proposing a new kind of financial system that wouldn’t rely on any “trusted third party.” READ ALSO: Partech Secures £103m Fourth Seed Fund, Eyes UK Startups Google Launches its First London Research Centre for Disability Support Tech Google Launches its First London Research Centre for Disability Support Tech The paper was the basis for what…

Telstra and Ericsson today announced the first commercial network deployment of Ericsson’s industry-leading packet fronthaul technology in Telstra’s network The new solution delivers greater efficiency and flexibility, helping prepare Telstra’s network for future Radio Access Network (RAN) virtualisation. The field deployment is the first of its kind utilising the new Ericsson Router 6673 fronthaul gateway. The Ericsson Router 6673 enables fronthaul (radio to baseband interface) packetisation for all available Frequency Division Duplex (FDD) radios at a Telstra mobile site from the legacy Common Public Radio Interface (CPRI) standard to the newer Evolved CPRI (eCPRI) standard. This is achieved using unique…

European parliamentarians have reached agreement on updated consumer credit rules to protect citizens from new forms on online debt, such as buy now, pay later schemes and short-term high cost loans. The update to the Consumer Credit Directive will ensure improved assessment of the consumers’ ability to repay and make sure that the cost is limited, through measures such as caps on interest rate, the annual percentage rate of charge or the total cost of the credit. An additional provision mandates that credit advertising should always contain a clear and prominent warning that “borrowing money costs money”. READ ALSO: Huawei…

The Digital Economy Magazine, a leading voice on technology development, has named Sreeram Visvanathan, General Manager, of IBM UK & Ireland as Digital Economy Personality of the week for the month of Dec 4th-10th, 2022 ranking. Digital Economy personality of the week, is a weekly recognition of top leading CEOS, based on their impact in the industry, innovation, professional experience, exemplary leadership, achievements, amongst other criteria. Sreeram Visvanathan is a passionate and enthusiastic Leader per excellence. He is responsible for leading the business day to day activities with intent on driving revenue and growing it, delivery superior and suitable service,…

Aviatrix, the pioneer of Intelligent Cloud Networking™, has announced it is collaborating with Equinix, the world’s digital infrastructure company™, to deliver Aviatrix Edge software across 25+ of Equinix’s global International Business Exchange™ (IBX®) data centers. The combined solution, which leverages Equinix’s Network Edge and Equinix Fabric™, delivers the highest performance encrypted connection to the cloud and provides the multicloud visibility and control enterprises require. “We are all in on cloud for the agility and speed, but native cloud networking was a challenge we needed to overcome. It was like we went from a full box of crayons on-prem to a…

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This conversation with Winston Ma – adjunct professor at NYU School of Law; former managing director and head of North America office at China Investment Corporation; and author of newly published “Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse” (Wiley 2022) – is the 346th in “The Trans-Pacific View Insight Series.” Describe China’s role in blockchain, Web3, and the metaverse. China’s government has actively promoted the digital technology of blockchain…

The global modular cleanroom solutions market was valued at around US$ 240.7 million in 2022, registering Y-o-Y growth of 10.9%. Modular cleanroom solutions sales are projected to increase at a healthy CAGR of 12.7% and top a valuation of US$ 799.7 million by 2032. According to Fact.MR, a market research and competitive intelligence provider, the global modular cleanroom solutions market is likely at US$ 240.7 million in 2022 and is expected to expand at a CAGR of 12.7% during the forecast years of 2022-2032. The market is expected to grow due to the surge in the usage of advanced technology…

Huawei has launched SD-WAN and Wi-Fi 7 Series products and innovations for the first time in Saudi Arabia at the IP Club KSA forum on November 30, 2022, in Riyadh. Under the theme of “Intelligent Cloud Network, Unleashing Digital Productivity,” the Huawei IP Club aims to build an open, free, friendly thought-sharing platform for network technical supervisors, engineers, industry analysts, and key opinion leaders. At IP Club, people will be joined by the best minds in the industry to engage in thought-provoking conversations about future network technology trends, share perspectives on digital transformation, and chart the way forward. SD-WAN is…

Filipino regulators deserve praise for the pace at which they are regulating the digital asset and blockchain industry, fostering innovation while still protecting investors. This is according to Mark Vernon, the co-founder and vice chairman of the Fintech Philippines Association, who says the Southeast Asian country can be a world leader in blockchain. “We’re probably more ahead than anywhere else. I’ve been to other countries where regulations stifle the growth, especially where it intersects with banking and fiat money,” Vernon told CoinGeek Backstage host Claire Celdran on the sidelines of the Philippine Fintech Festival. Vernon commended the Bangko Sentral ng Pilipinas…

Paris-headquartered venture capital firm Partech, has secured €120m (£103.1m) for its fourth seed fund. The oversubscribed Partech Entrepreneur IV fund received backing from 100 entrepreneur angels, family offices, multinational corporations and financial institutions. Romain Lavault, general partner, Partech, said that, UK is “definitely part of our European strategy”. “We are convinced that spotting the future leaders of new emerging categories often requires a broad scope and a genuine open-mindedness towards what the most talented Founders come up with.” Across Europe, Partech plans to support approximately 50 companies from pre-seed to seed, investing anywhere from €300,000 to €3m (£258,000 – £2.6m).…