Digital twins copy an object or a human organ and operate in parallel and like the original. In fact, they are a combination of data, algorithms and artificial intelligence and live in a virtual world like an avatar. Today digital twins are used in almost every industry from construction, healthcare, architecture, to transport, communication systems […]
Dave McKay CEO of Royal Bank of Canada said he sees the maturation of blockchain, the spread of Al and the so-called Internet of Things as the three major technological developments that will radically change the banking sector in the coming years. Both blockchain technology and digital currencies may not be fully implemented, but it […]
The European Union is planning to invest more than €50 billion in order to speed up the development of standards for 5G and cybersecurity.
Elmodis, an Industrial IoT (IIoT) startup based in Poland, has raised USD 4.9 million from Intel Capital, SET Ventures, and current investor Innovation Nest.
A startup in Smart Cities sector is launched by Warply as a spin-off. Smartpass is specialized in IoT services in Municipalities worldwide and it was created with a vision of making our everyday life in big cities, simpler by creating and promoting innovative services. Using a simple Smartphone app, all municipalities can offer their citizens […]
