by Anika D | Mar 28, 2021 | Blockchain, Business
BlockChain is open, dispersed ledger accounts that keep the record for all transactions between two parties efficiently. It contains a sequence of data for every transaction of each individual. Blockchain Use Cases in banks and finance are very popular these days.
The best part is that all the customers can easily share a digital ledger, and there is no need to look further for any centralized authority. This makes transaction processing with blockchain faster.
It is not only restricted to speed, but you can also make money with blockchain.
If you want to know how blockChain use cases in banks, you are in the right place. Let’s learn how it offers a new level of transparency as well as security to its banking customers.
Quick Payments
With the adoption of decentralizing channels for payments, banking institutions can facilitate quick payments. Further, it facilitates more security to every individual as well. Moreover, 90% of the European Payments Council members consider that blockchain will change the payment industry by 2025.
Better Clearance and Settlement Systems
It may also enable bank transactions to get completed directly and maintain track in a much better way. With this, there is no need for financial bodies to rely on a network of regulatory bodies and custodial services. Hence, it becomes easy to settle transactions.
Raise Funds
All organizations that deal in blockchain focus to speed up the process of payments by raising funds with different alternatives. It includes firms like Equity Token Offerings (ETO), Initial Exchange Offerings (IEOs), and Security Token Offerings (STOs).
Loan and Credits
In traditional financial institutes, they underwrite loans only after verification of credit reports. But with a new approach of blockchain, customers can have peer-to-peer loans that are safe and fast as compared to the traditional ones.
Trade Finance
Another area where blockchain can revolutionize the concept of their working is the trade finance sector. Trade finance includes all the financial activities for international trade and commerce.
So, the concept of blockchain in this sector helps to streamline the trading process with digital documents, which you can access from anywhere and anytime.
Digital Identity Verification in Banks
Here, you can get the benefit of a fast verification process. This is because it will safely reuse identity verification for other services as well.
One of the most well-known innovations in this area is “Zero-Knowledge Proof”. Now various countries and big corporations are working on a solution that supports ZKP. Choosing the right industrial wireless technology is also important to leverage this and other benefits.
Accounting and Auditing With BlockChain
When it comes to digitalization, the accounting sector is still neglected. One of the reasons can be the need to follow the strict regulatory requirements for data reliability as well as validity.
That is why blockchain can potentially transform the accounting process. As a result, the reports and accounts will be more transparent and safe.
Final Words
When banks use this approach in their banking system, it enables them to process payments in a quick and accurate manner. All in all, we can say that blockchain allows the banking sector to provide better customer experience.
by Anika D | Mar 20, 2021 | Emerging Technology, Industrial IoT
BMW is revealing the next version of iDrive, the tech and infotainment interface that has been at the heart of the automaker’s in-car experience for the past two decades.
The eighth edition of iDrive will be based on a new “curved” display that stretches halfway across the dashboard from behind the steering wheel. The 12.3-inch instrument cluster and the central 14.9-inch infotainment panel will be combined into a single display that is oriented toward the driver.
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The new iDrive will debut in BMW’s new iX electric SUV and the BMW i4 electric sedan later this year.
BMW New Curved iDrive Display Features
Better Precision with the Control Knob
BMW’s iDrive system combines a big screen with a control knob. The knob and other function keys are positioned near the shifter in the know. Each of the individual keys controls a different widely used feature, such as navigation or media.
Built-In Navigation
A navigation component is included with the iDrive system. On the right side of the dial is a hotkey called “Map” for navigation.
Skilled Drivers Would Appreciate These Features
Check out the iDrive Professional if you want an updated version of the iDrive. It improves the device with many new features, including a larger navigation screen. The navigation system receives an update as well, with new functionality such as real-time traffic alerts.
Project with Simplicity
The iDrive system’s design simplicity is perhaps its most influential attribute. Because of its simpler controls and information structure, it is one of the most intuitive infotainment systems. The majority of the time, using iDrive means scrolling through well-organized lists of feature controls.
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Using ultra-wideband (UWB) technology
iDrive loads a driver’s personal settings as soon as they start approaching the vehicle by sensing their key fob or smartphone using ultra-wideband (UWB) technology. iDrive supports both Apple CarPlay and Android Auto wirelessly.
Moreover, there are three driving modes: sport, personal, and efficient. These control driving functions like engine throttle, steering characteristics, regenerative braking, and chassis settings, as well as internal and external sounds. In addition, new modes may be added via over-the-air software updates in the future.
BMW’S decision for vehicle owners
BMW has backtracked on its controversial decision to charge an annual fee for the use of Apple’s CarPlay in its vehicles
According to BMW, the car’s brain would be a major change over previous ones. The onboard computer would be able to process 20 to 30 times the amount of data that previous models could, or about twice the amount of data that could be processed previously.
Conclusion
BMW New Curved iDrive Display is well ahead of the competition. With all of your BMW’s features in one device, it’s simple to take advantage of the car’s full range of capabilities with technologies, like IoT, 5G, etc.
by Anika D | Mar 20, 2021 | 5G
The fifth-generation mobile network is the forthcoming revolution of mobile technology. The features and its usability are much beyond the expectation of a normal human being. With its ultra-high speed, it is potential enough to change the meaning of a cell phone usability. With a huge array of innovative features:
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5th generation technology offers a wide range of features, which are beneficial for all group of people including, students, professionals (doctors, engineers, teachers, governing bodies, administrative bodies, etc.) and even for a common man.
Best 5G phones in 2021:
Samsung Galaxy S21 Ultra
Samsung Galaxy S21 Ultra tops our list of the best smartphones. The design impresses too, with a stylish matte glass back and an edge-to-edge display. The Samsung Galaxy S21 Ultra also has a big battery, so you can make use of 5G for longer.
One Plus 8 Pro
The first OnePlus phone to support wireless charging, as well as the first to have a real water resistance rating. You could in fact say that it’s the first to have no real compromises.
Motorola One 5G
Motorola One 5G is a big phone with a 6.7-inch display and a side-mounted fingerprint sensor, and its processor, handset is the best affordable 5G phone you can pick up, if you are looking for a 5G phone without a high price, you should start here.
Oppo Find X2 Lite
If you’re looking for a 5G phone that’s stylish and affordable, the Oppo Find X2 Lite is for you, as it looks great and has a display that matches. The only problem with most Oppo phones, this isn’t available in all countries, including the US.
Lenovo Legion Phone Duel
The Lenovo Legion Phone Duel is a powerful 5G phone for gaming, with a top processor, plenty of RAM, side triggers and a dedicated gaming mode. So if you’re a mobile gamer it’s a great choice.
Nubia Red Magic 5G
The Nubia Red Magic 5G has a long-lasting battery with fast charging capabilities. You won’t be able to pick up the Red Magic 5G in all regions. It is one of the best 5G phones in 2021.
iPhone 12 Pro Max
The iPhone 12 Pro Max has been winning awards for its display, so it’s no wonder it makes its way onto our 5G phone list in the ‘screen’ category. The phone also has better battery life than its predecessors, so watching TV during your commute to work won’t stop you being able to stream on the way back.
Want to check whether 5G is safe? Read this article.
Key Benefits of 5G
Pinnacle 5G velocities are required to be up to 100x quicker than the speed of 4G LTE organizations. Diminished idleness will uphold new applications that influence the force of 5G, the Internet of Things (IoT), and man-made reasoning.
Expanded limit on 5G organizations can limit the effect of burden spikes, similar to those that occur during games and news occasions.
- You can handle your PCs by handsets.
- Schooling will get simpler − An understudy sitting in any piece of world can go to the class.
- Clinical Treatment will get simpler and economical − A specialist can treat the patient situated in distant piece of the world.
Conclusion
5G latency will be faster than human visual processing, making it possible to control devices remotely in near-real time. Consider these best 5G phones to buy this year.
by Anika D | Mar 9, 2021 | 5G, Business
Day by day, the popularity of 5G is increasing in consumers and businesses. Amid the current pandemic, 5G network roll-out has continued.
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As more and more companies are investing in this technology, 5G stocks are likely to be market performers. If you want to invest in 5G technology, check out the list of the top four best 5G stocks to buy in 2021.
Qualcomm
Qualcomm is a company that is a warehouse of patents on wireless communications. It may be going to win the 5G race in 2021. Qualcomm is truly an incredible company, and anytime any smartphone gets sold in any part of the world, it collects a few bucks.
Qualcomm’s latest quarterly non-GAAP revenue increased about 35%. Also, according to Qualcomm guidance for the first quarter of 2021, the company believes that its diluted value will reach about $1.95 to $2.15 per share.
It is assumed that 12-month growth of 76%, QCOM 5G stocks may play a good role in 2021.
Apple
Apple is another big company that is in the race of 5G. In the pandemic year, the company passes more than $100 billion in earnings in the quarter. The expected revenue of it may increase this year with high percent as compared to last years.
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Further, it is assumed that the 5G iPhone series would make a big profit in 2021. So, Apple is a good choice to invest in 5G stocks of the company.
Ericsson
Ericsson is again a great player of 5G. This Swedish telecommunication company has a strong consumer base and infrastructure as well.
Every time when a company sells a 5G smartphone, Ericsson gets about $5 in royalties. It is assumed that by 2025, the 5G smartphone royalties of Ericsson will reach about $20 billion globally.
Further, it is among the top three companies in the world for 5G deployments. So, in 2021 also, it will put more effort in 5G and gain more revenue as well. So, you can invest in its 5G stocks too.
Verizon Communications
Verizon is a provider of telecommunications and has upgraded its network to 5G for fast speed. In this year, the company is expecting a profitable revenue through its 5G infrastructure.
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It is the largest wireless network provider in America and boasts a market share of about 35%. The stock of the company holds good potential for future 5G growth as well.
You can invest in the 5G stocks of Verizon too in 2021.
Analog Devices
Analog Devices is an analog semiconductor company that produces high-speed analog signal processing chips. According to some statements, Analog can dominate the 5G radio signal technology with about 70% market share.
5G technology is in demand, and this is the reason why Analog is also focusing on the 5G radio signals to meet the requirements of customers. So, this year you can expect big growth in the Analog market.
Also, its 5G stock share may go up, and best to invest in 2021.
Final Words
5G is evolving technology, and almost every telecommunication company is working on it. There are companies that already have jumped into 5G, and their stock is expected to increase in 2021 too. So, invest wisely in 5G stock for the 2021 year.
by Anika D | Mar 6, 2021 | 5G
The three largest cable operators in the USA – Cox, Comcast, and Charter – won the 5G race by bidding over $1 billion for the mid-band spectrum. The spectrum is ideal for next-generation wireless technology.
The Citizens Broadband Radio Service (CBRS) licenses are valid for ten years. It is available with 40MHz in the country that is enough to cover large, urban areas. Now, cable operators can now deliver services like fixed wireless access, mobile consumer services, and managed private networks (MPNs) for organizations.
Because the services work both outdoors and indoors, enterprises may wish to use them to connect their Internet of Things (IoT) devices. They may even use it to replace or supplement Wi-Fi in addition to IoT connectivity. Service providers, meanwhile, will most likely use CBRS to deliver FWA services and as a replacement for last-mile fiber access and consumer mobile service to offload their traffic from their Mobile Virtual Network Operator (MVNO) partner.
The service is available both indoors and outdoors, making enterprises use it for IoT device connectivity. Service providers may use CBRS to deliver FWA services. They may also consider this a replacement for fiber access and offload traffic from Mobile Virtual Network Operator (MVNO) partners.
Cable Operators and CBRS
For cable operators to win with CBRS, cable operators have to move towards 5G wireless spectrum. They have to decide the distribution level of their network.
Cable operators should think about deploying the new technology with their expansion. They need to modernize networks so that they can benefit from new service opportunities. By unlocking themselves from between compute and radio, cable operators can increase their compute investment.
In addition, cable operators are paving their way into the mobile business. So, they should analyze the associated pressure to gain profits from this new venture. For instance, Comcast’s offering can break even by the end of 2021 with almost 3.5 million service lines. Using oRAN can help realize this while saving Capital Expenditures (CapEx) while keeping these costs off the books.
How this Affects 5G Wireless Spectrum Development?
CBRS spectrum may cover 80% of cable customers in America. This could mean a significantly large amount of money for the MSOs if they utilize this appropriately. So, the FCC refers to this as the “5G spectrum” that makes big cable companies highly competitive in the 5G race.
The competition mainly comes from the ability to deliver personalized solutions to customers. As cable operators add new capabilities to their network, they must start with the 5G adoption and modernization of their devices.
Now that cable operators can buy the spectrum licenses and provide 5G services to companies as a managed service. What’s more, they can even pair it with Wi-Fi 6 to cover a wide range of applications.
By working in collaboration with service providers, it is possible to bring the best 5G-driven ecosystem for both enterprises and individual consumers. With all this, cable operators can prioritize their areas with a higher take rate for the services. As a result, they can adjust as required.
