Why Tech Giant Ericsson Wants Blockchain 'Fingerprints' in the Cloud
Swedish telecom networks company Ericsson has built a system for ensuring data integrity, leveraging blockchain to underpin its growing presence in the cloud. Erik Forsgren, the company’s director for portfolio management, said that the company has had its system up and running since January. It grew out of a partnership with GuardTime, a data security startup, first inked in 2014. The company, which dates back to the late 1800s and employs over 100,000 people worldwide, is a major player in the global telecom solutions marketplace, reporting over $6bn in second-quarter sales for this....
Related News
Ericsson, the Swedish telecom hardware and services company, has linked the use of new technologies, such as 5G, with the use of metaverse platforms. According to a study, users that have 5G data services have been spending more time in the metaverse and extended reality apps, and believe these will migrate to headsets in the next two years. Ericsson Study Reveals 5G Is a Metaverse Enabler A recent study issued by Ericsson, the Swedish telecom giant, deals with the effects powerful data transmission tech — like 5G — have on the adoption of metaverse and extended reality tech. The study,....
Per a report from CNBC, big tech giant Google entered into a partnership with crypto exchange Coinbase. The partners will enable selected customers to use crypto to pay for cloud services. The announcement was made during Google’s Cloud Next conference. Related Reading: Turkey Ramps Up Efforts To Become The Next Crypto And Blockchain Hub The […]
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. Related Reading: xDay 2023 Day 1: How MultiversX Is Bridging The Metaverse, AI, And Blockchain Under Ecosystem On day two of the event, the MultiversX team, spearheaded by Beniamin Mincu, announced a partnership with big tech giant Google. The partners will work on driving adoption and “accelerating” the expansion of Web3 and the....
The service will simplify node infrastructure and onboarding for blockchain developers. According to a new announcement on Thursday, tech-giant Google says it's launching an in-house Blockchain Node Engine (BNE) based on Google Cloud. As a node-hosting service, BNE enables Web 3.0 companies to relay transactions, deploy smart contracts, and read or write blockchain data directly on Google Cloud. Ethereum will be the first blockchain supported by BNE. As told by Google: "Today, manually deploying a node is a time-intensive process that involves provisioning a compute instance, installing an....
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. Related Reading: xDay 2023 Day 2: Google And MultiversX Join Hands, How The Big Tech Giant Will Support The Community Summarizing The MultiversX Event, Day 2 In the early hours, the CEO and Co-Founder of MultiversX, Beniamin Mincu, announced a partnership with big tech giant Google Cloud. The....