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How Proof-of-Stake Is Playing A Critical Role In The Blockchain Ecosystem
The Proof-of-Stake (PoS) consensus mechanism has emerged as the most viable solution to Bitcoin and Ethereum’s energy problem. The world’s two most popular blockchains have long been criticized for their enormous power consumption, with one recent study from U.K. financial site MoneySuperMarket estimating that each Bitcoin transaction costs in excess of $100 in terms of [...]
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Telefonica Vivo Launches 5G-Ready IP Transport Network with Cisco and NEC to Provide Seamless Connections Across Brazil
Telefonica designed the Fusion Network Project as a platform for incorporating services into a single network infrastructure, offering advanced communications services, and transforming the customer experience. Leveraging the power of automation, the project aims to offer a more agile, scalable, and flexible network with improved reliability for both residential users and enterprises in the 5G era.
As defined in the Fusion Network Project, Cisco and NEC will work together to optimize Telefonica Vivo's total cost of ownership (TCO) and increase business agility by simplifying its network architecture and operations, converging mobile and fixed networks, and automating multi-layer networks across packet, optical and microwave domains. In addition, Segment Routing IPv6 will be implemented to enable a unified architecture with network slicing capabilities.
The simplification and automation of a multi-domain, multi-layer converged network coupled with segment routing, will increase Telefonica Vivo's network scalability and flexibility as it prepares to launch 5G. The Fusion Network Architecture will provide the scalability and flexibility needed to design and deliver new services.
As part of the agreement, Cisco will provide industry-leading network equipment including ASR 9000 and NCS 540 series routers for IP transport, Cisco Crosswork Network Controller as the multi-vendor SDN solution, and Cisco Crosswork Hierarchical Controller to enable multi-vendor and multi-layer automation within the Fusion Network domain. Cisco will serve as the key networking advisor leveraging a long-standing relationship and in-depth understanding of Telefonica Vivo's network.
Also building on a strong relationship and knowledge of the Telefonica Vivo network, NEC will serve as the key network integrator and provide local engineering capabilities with 5G xHaul transformation services to deliver a scalable migration for thousands of nodes.
"Since the transport network will play a key role in supporting innovative customer experiences and new services built on 5G, we needed trusted partners with a solid track record and local delivery capabilities," said Elmo Matos, Planning Director, Telefonica Vivo.
"Building on our partnership with NEC, we are pleased to enable Telefonica Vivo in providing faster, more seamless connections through a more modern, simplified network," said Shaun McCarthy, Vice President of Worldwide Sales, Mass Infrastructure Group, Cisco. "It is a great honor for Cisco to help be the bridge that is bringing the Internet for the Future to Brazil."
"NEC is honored to be selected as key partner for the Fusion Network Project, which is foundational to blossoming digital experiences in 5G," said Mayuko Tatewaki, General Manager, Service Provider Solutions Division, NEC Corporation. "With Cisco's trusted solutions combined into NEC's 5G xHaul Automation Ecosystem and further extended by our network integration capabilities globally and regionally, we are confident the implementation of the next-gen network will help deploy immersive 5G services in Brazil."
About Telefonica
Telefonica is a leading telecommunications service provider globally. The company offers fixed and mobile connectivity, as well as a wide range of digital services for individual consumers and enterprises. Telefonica has 367 million clients spanning Europe and Latin America. Telefonica is a private company whose shares are listed as TEF on the Bolsa de Madrid, the New York Stock Exchange, and the Bolsa de Valores de Lima.
https://www.telefonica.com/es/home
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at new windowwww.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comCisco and NEC Corporation today announced that Telefonica Vivo is deploying a simplified and automated, 5G-ready IP network for its converged mobile and fixed networks as part of the Fusion Network Project in Brazil supported by industry-leading solutions from the vendors.
The best is yet to come: What’s next for blockchain and the creator economy
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How NFTs and the Metaverse Can Help Save the Planet
The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about the energy use of NFTs. Wait a minute, environmentally conscious people. NFTs and the metaverse are […] Latest Intelligence
