Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Global Government and Industrial/Financial Blockchain Market 2021-2027: IBM, ConsenSys, and Microsoft are Driving Blockchain as their Clients Transition to Cloud Services

Published

on

Dublin, May 10, 2021 (GLOBE NEWSWIRE) — The “Government and Industrial/Financial Blockchain: Market Shares, Strategy, and Forecasts, Worldwide, 2021 to 2027” report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com’s offering.

A $4.47 million market worldwide in 2020, it is anticipated to grow rapidly to $83.3 billion in 2027 as central banks figure out how to use blockchain in their digital currency initiatives.

Worldwide markets are poised to achieve continuing growth as blockchain proves its value by managing digital transactions in real time across national boundaries, encouraging collaborative business efforts. Lowering transaction management costs is a key benefit.

Blockchain can be implemented in an IBM mainframe that is already a core technology for virtually every bank. Blockchain updates the security in transaction processing, implementing end to end encryption.

Government blockchain is used to implement Web 3.0. the ability ot transfer money as easily as people send an email. The question becomes, what does Web 3.0 look like? It looks like a distributed ledger system providing immediate currency exchange worldwide that mimics how the Internet is used to exchange e-mail. Web 3.0 features enhanced security added to a real time digital economic process.

The government blockchain market does not include what has been the biggest use of blockchain – to hide the money of criminals and terrorists – perform money laundering. After an inauspicious beginning, government blockchain has moved to digital currency, government blockchain is on the cusp of phenomenal growth, ready to reach $83 billion worldwide by 2027 as it creates new digital economic infrastructure.

ConsenSys acquired Quorum, the blockchain platform belonging to JPMorgan in a move that will solidify an ongoing relationship between the JPMC and ConsenSys. The-Quorum-blockchain is a premier transaction management system, settling $5 trillion in transactions per day.

The government blockchain market moves into rapid growth mode as the digital economy takes hold. As the banks and finance industry move into the modern age of real time transaction processing, blockchain is a core enabling technology for central banks. This market segment previously has been held back in part by the outdated aspects of the mainframe computing technology. IBM Blockchain and others are spurred by more modern ways to manage global transactions across national borders from IBM, Microsoft, and Accenture.

Blockchain is a type of distributed ledger system providing enhanced security to the real time digital economic process. Blockchain is comprised of blocks of digitally recorded data. The global market for blockchain at $4.47 billion in 2020 is anticipated to reach $83 billion in 2027. IBM, ConsenSys, and Microsoft are driving blockchain as their clients are making the transition to cloud services. Accenture has measurable market share as well.

Key Topics:

  • Distributed Ledger
  • Web 3.0
  • Blockchain
  • Cryptocurrency
  • Digital Economy
  • Central Bank Transactions
  • Digital Transactions
  • Digital Currency
  • Data Center Infrastructure
  • Enterprise Application
  • Industry Trends
  • Enterprise Application Market
  • Financial Ledger
  • Internet Financial
  • Architecture
  • Transactions in Real Time
  • Enhanced Security
  • Collaborative Business
  • Across National Boundaries

Key Topics Covered:

1. Government Blockchain: Stable Value Currency Market Description and Market Dynamics
1.1 Government Blockchain Market Description and Market Dynamics
1.1.1 Blockchain and Cyber Attacks
1.1.2 Central Banks Seek to Master Stable Value Digital Currency
1.1.3 Digital Virtual Currencies Goal: Stable-Coins that Have a Consistent Value
1.2 Blockchains: Cryptographically Secured Distributed Ledgers
1.2.1 Central Bank Currencies: Wholesale and Retail
1.2.2 Advantages of Central Bank Digital Currency
1.2.3 Blockchain Companies Initial Coin Offerings – ICOs
1.2.4 Transfer of Social Trust: From Institutions to Systems Using Well-Tested Computer Code
1.3 Central Banks Exploring Creation of Digital Currency Issued by Government -Accepted as a Method of Payment
1.3.1 Fed System as It Exists Now
1.3.2 Digital Currency Approach Uses Blockchain To Verify and Track Transactions
1.3.3 Individuals Would Hold Accounts Directly at The Central Bank
1.3.4 Sovereign Digital Currencies
1.3.5 Digital Currencies as Payment Methods
1.3.6 Enterprises to Speed Up Digital Transformation
1.3.7 Role of Central Banks in Digital Currency Interoperability

2. Government Blockchain Stable Value Digital Currency: Market Shares and Forecasts
2.1 Government Blockchain Stable Value Digital Currency Market Driving Forces
2.1.1 Replacing Client Server Data Center Architecture with Blockchain Brings New Digital Efficiencies
2.1.2 Blockchain Leverages Artificial Intelligence (AI)
2.1.3 Governments Use Blockchain Distributed Ledgers to Achieve Business and Fiscal Transparency
2.2 Government Blockchain Market Shares
2.2.1 Blockchain Market Shares, Dollars, Worldwide, 2020
2.2.2 IBM and Microsoft
2.2.3 IBM Blockchain
2.2.4 IBM Implements AI Support for Blockchain
2.2.5 IBM Blockchain Decentralized Ledger in Supply Chains
2.2.6 IBM Blockchain Decentralized Ledger in Medical Industry
2.3 Government and Industrial/Finance Blockchain Market Forecasts
2.4 Blockchain Market Forecasts: Banking, Finance, and Insurance, Healthcare, Cybercurrency, Supply Chain, and Internet of Things (IoT)
2.4.1 Rapid Adoption of Technology
2.5 Government and Financial Blockchain Applications
2.5.1 BFSI: Blockchain Impact on Stock Market
2.5.2 Blockchain for Healthcare
2.5.3 Blockchain for Contracts and the Legal Industry
2.5.4 Blockchain for Supply Chain
2.5.5 Blockchain for Internet of Things
2.5.6 SoftBank CEO Masayoshi Son Sees 1 Trillion Devices for Internet of Things
2.6 Blockchain Pricing
2.6.1 Microsoft Blockchain Pricing
2.7 Central Bank Digital Currency Blockchain Regional Market Segments
2.7.1 US
2.7.2 Covid-19 Pandemic Toll on US Communities
2.7.3 US Fed Exploring the Use of Innovative Technologies to Enhance Payments Efficiency
2.7.4 Japan Central Bank Digital Currency
2.7.5 Europe
2.7.6 Bank of China
2.7.7 China Opens Its Financial System to The World
2.7.8 China Ending Anonymity of Virtual Accounts to Cryptocurrency Exchanges
2.7.9 Korean Blockchain Association
2.7.10 UK

3. Government and Industrial/Financial Blockchain Central Bank and Vendor Activities
3.1 Government and Central Bank Planning for Digital Coins and Tokens
3.2 Boston Fed Looking at 30 to 40 Blockchain Networks for Digital Dollar
3.2.1 US Fed and Digital Currency
3.3 EU and Digital Currency
3.3.1 Sweden’s Central Bank, Riksbank
3.3.2 Germany and Italy
3.3.3 Bank of Spain
3.4 China’s Retail Central Bank Digital Currency (CBDC)

4. Blockchain Research and Technology
4.1 On a Blockchain, a Node Replicates Data for All Nodes
4.2 Blockchain Electricity Usage – Moving to Asynchronous Process
4.3 Accenture Patent Tied To “Editable Blockchain”
4.4 Digital Currency Models
4.4.1 Central Bank Digital Currencies (CBDCs)
4.5 Facebook Libra – Diem Association

5. Blockchain Company Profiles
5.1 360 Blockchain Inc
5.2 Accenture
5.2.1 Accenture Blockchain Culture of Innovation
5.2.2 Accenture Blockchain Solutions
5.2.3 Accenture Blockchain Partnerships
5.2.4 Accenture Alliance with Digital Asset Seeks to Fundamentally Change the Way Companies Verify and Settle Transactions
5.2.5 Accenture Digital Asset Partners
5.2.6 Accenture Revenue
5.3 Abra
5.4 Amazon
5.4.1 Amazon Blockchain Partners
5.4.2 Amazon Blockchain Partner Solutions
5.4.3 Amazon Sawtooth
5.4.4 Amazon (AMZN) Integrating Blockchain Technology into Its Networks
5.4.5 Amazon Blockchain Deloitte
5.4.6 Amazon Web Services
5.4.7 Amazon Blockchain for Bitcoin
5.5 Axoni
5.5.1 Comments from Axoni Users as to Reliability of Equity Swap
5.6 BitFury Group
5.6.1 Richard Branson Digital Currency Summit on Private Caribbean Island
5.6.2 Bitfury Group Blockchain Analytics
5.6.3 Bitfury Group Lightning Network
5.7 Binance Exchange
5.8 Blockchains
5.8.1 Slock.It
5.8.2 Slock.it Builds Next-Generation Sharing Platform
5.8.3 Slock.It Addresses Global Market for Sharing
5.9 BlockCypher
5.9.1 BlockCypher Payment Forwarding
5.10 BTL Group
5.10.1 BTL Blockchain Platform, Interbit For Energy Trading.
5.10.2 BTL Group Blockchain Based Cross-Border Settlement Solution
5.11 BMW
5.12 Chain
5.12.1 Chain and Changetip Participate with The Nasdaq-Created Blockchain System Linq
5.12.2 Chain Partners
5.13 ConsenSys
5.13.1 ConsenSys/Quorum
5.13.2 Quorum
5.14 Corda R3
5.15 Deloitte
5.16 Digital Asset Holdings
5.17 Eris Industries
5.18 Ethereum
5.18.1 Ethereum/Advanced Micro Devices’ (AMD)
5.18.2 Ethereum Blockchain CryptoKitties
5.18.3 Problem of Ethereum’s High Fees
5.19 EzyRemit
5.20 Facebook
5.21 Fidelity Investments
5.21.1 Fidelity Size
5.22 Global Arena Holding
5.23 Goldman Sachs
5.24 Government Blockchain Association (GBA)
5.25 Hitachi
5.26 HIVE Blockchain Technologies
5.27 IBM Blockchain
5.27.1 IBM Blockchain Platform Optimized for Deployment on Red Hat OpenShift
5.27.2 IBM Cross Border Payments
5.27.3 IBM Batavia
5.27.4 IBM Internet of Things
5.27.5 IBM Supply Chain Tracking
5.27.6 IBM Blockchain in the Supply Chain
5.27.7 Use Cases for IBM IoT and Blockchain
5.27.8 IBM Revenue
5.27.9 IBM Datacenter Blockchain
5.28 Intel
5.29 JP Morgan Chase
5.29.1 JPMorgan Chase Quorum Blockchain Technology
5.30 Kube MQ
5.31 Lenovo
5.31.1 Lenovo Revenue
5.32 Luno
5.33 Microsoft Blockchain
5.33.1 Microsoft Azure Supply Chain Track and Trace
5.33.2 Microsoft Strengthening Blockchain Partnerships
5.33.3 Microsoft Revenue
5.33.4 Microsoft Covid-19
5.34 MIT Digital Currency Initiative
5.35 NEO Open Source Blockchain
5.36 OnChain Public Platform Project in Conjunction with NEO
5.37 Oracle
5.38 Overstock
5.39 PokitDok
5.40 Provenance
5.41 R3
5.41.1 Blockchain Startup R3 CEV Attracts $107M From BofA, HSBC, Intel and Others
5.41.2 JPMorgan Chase & Co Quit the R3 Initiative
5.41.3 R3 Corda
5.42 Ripple
5.42.1 Ripple XRP Digital Asset for Payments
5.42.2 Ripple Labs a Global Leader in Distributed Ledger Technology
5.42.3 Ripple XRP The Digital Asset
5.42.4 Ripple Product Manager from JP Morgan Chase
5.42.5 Ripple Board of Directors, Susan Athey Has Strong Ties to Microsoft
5.43 SAP
5.44 Scorechain
5.45 Samsung Nexledger
5.46 TATA Consultancy Services
5.46.1 TCS Integrated Blockchain Solution
5.46.2 TCS Risk Information Management Solution
5.47 TON
5.48 Visa
5.49 Wishknish
5.49.1 Wishknish Authentication

For more information about this report visit https://www.researchandmarkets.com/r/1dg8d0


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Elevate Your Virtual Reality Experience with KIWI design RGB Vertical Stand, Now Available on Meta’s Website

Published

on

elevate-your-virtual-reality-experience-with-kiwi-design-rgb-vertical-stand,-now-available-on-meta’s-website

LOS ANGELES, May 11, 2024 /PRNewswire/ — Top-tier VR accessories provider KIWI design has launched its latest product, the RGB Vertical Stand. This Meta-authorized accessory, designed to deepen users’ immersion in the metaverse, is now available on the official Meta website.

“KIWI design’s commitment to pushing the boundaries of virtual reality accessories takes another leap forward with the introduction of our new products,” said Ray,the CEO of KIWI design. “We are always dedicated to bringing innovative upgrades to VR device accessories, with the goal of enriching users’ virtual reality experiences.”
The newly launched RGB Vertical Stand features a user-friendly modular design with push-in assembly, making it easy to set up and use. It is compatible with Meta Quest 3, Quest 2, and Quest Pro, ensuring widespread usability. With a magnetic USB Type-C connector, it provides an effortless way to charge and display your headset. Users can also customize their display with 16 pre-set ambient multicolor RGB light options.
With VR technology constantly evolving, users are seeking more immersive experiences. As a leading manufacturer of VR accessories, KIWI design is committed to enhancing the user experience, through unique product designs. Since its establishment in 2015, KIWI design has acquired over 100 patents and has a diverse product lineup, including head straps, facial interfaces, VR stands, charging accessories, and controller grip covers.
KIWI design has also actively participated in the Made for Meta program, which is provided by Meta to strengthen its partnerships with leading brands to deliver accessories that enhance Meta products with more choice and a richer experience for everyone. KIWI design’s participation in this program validates its high-quality design standards.
The RGB Vertical Stand for Meta Quest 3, Quest 2, and Quest Pro and another specially designed authorized charging dock for the Meta  Oculus Quest 2 are now available for purchase on both KIWI design’s website and Amazon. For more information about our brand and products, please visit our website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.
https://www.kiwidesign.com/
https://www.facebook.com/KIWIdesignOfficial
https://www.instagram.com/kiwidesignins/

https://www.youtube.com/channel/UCOzFWarIschBuBfNz01Oucw
TikTok – Make Your Day
Photo – https://mma.prnewswire.com/media/2410344/image.jpg

View original content:https://www.prnewswire.co.uk/news-releases/elevate-your-virtual-reality-experience-with-kiwi-design-rgb-vertical-stand-now-available-on-metas-website-302142936.html

Continue Reading

Artificial Intelligence

WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

Published

on

wio-taps-gracenote-to-revolutionize-television-broadcast-reporting

LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
Logo – https://mma.prnewswire.com/media/2410159/wio_gracenote.jpg
Logo – https://mma.prnewswire.com/media/2410160/powered_by_gracenote_logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/wio-taps-gracenote-to-revolutionize-television-broadcast-reporting-302142826.html

Continue Reading

Artificial Intelligence

IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

Published

on

idtechex-explores-printed-electronics-in-electrified-and-autonomous-mobility

BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
Image download:
https://www.dropbox.com/scl/fo/26ylbecu6ztl4larjuycj/AFbRjqvsovp8yj-f9JOQLEg?rlkey=4e2lb1pqbl9rsfzp73bunm57j&st=t60swtdx&dl=0 
Media Contact:
Lucy RogersSales and Marketing [email protected] +44(0)1223 812300
Social Media Links:
Twitter: www.twitter.com/IDTechExLinkedIn: www.linkedin.com/company/IDTechEx
Photo – https://mma.prnewswire.com/media/2408851/IDTechEx_applications.jpg

View original content:https://www.prnewswire.co.uk/news-releases/idtechex-explores-printed-electronics-in-electrified-and-autonomous-mobility-302141570.html

Continue Reading

Trending