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Metaverse is booming, bringing revolution to real estate

Real estate may be forever revolutionized, thanks to decentralized technologies. As the Metaverse grows — so does digital real estate.

Thailand backs down to crypto backlash, won’t tax transactions at 15%

After pushback from local industry insiders, Thailand has dropped its plans for a 15% crypto tax that would've penalized traders.

The post Thailand backs down to crypto backlash, won’t tax transactions at 15% appeared first on Protos.

Hitachi Rail’s Digital Interlocking Passes Major Milestone for Germany’s Fast-Track Programme

TOKYO, Feb 4, 2022 - (JCN Newswire) - Deutsche Bahn and the German Federal Railway Authority has witnessed a series of functional and operational tests that proved Hitachi Rail's capability to adapt its digital interlocking product to German specifications and standards.

The move represents a major step towards Hitachi Rail entering the German interlocking market. While the firm is one of the world's largest signalling providers, the tests confirmed that its technology was compatible with German SCI (Standard Communication Interfaces) which interface between the interlocking and operations control centre.

Having proved its ability to adapt its technology, Hitachi can partner Deutsche Bahn in its plan to modernize the signalling equipment of the entire network with Digital Interlocking and ETCS, over the next two decades, as part of the "Digitale Schiene Deutschland" (Digital Rail Germany) programme.

This is a major milestone in Germany's Fast-Track Programme, also known as "Schnelllauferprogramm" (SLP), whose objective is to bring new digital solutions to the market in a very short time by simplifying processes and promoting close cooperation between supplier and operator throughout the project.

Hitachi Rail is specifically responsible for renewing and upgrading the signalling on the Gera- Weischlitz line in Saxony, which includes seven stations across 60 km of single track.

Frank Gulicher, Head of Digital Planning and Construction of Infrastructure Projects (Deutsche Bahn AG) and Head of Digital Signalling and ETCS Project Portfolio (DB Netz AG) said:

"With the SLP, we want to achieve a market expansion with higher capacities and to gather valuable knowledge for the rollout of "Digitale Schiene Deutschland". With Hitachi Rail we have found a new partner for our programme to digitalize the German railway network. We are looking forward to a successful cooperation."

The digital interlocking systems are a key enabler in the transition towards the digitalization of the rail transport. By fitting the latest interlocking technology to the SLP Gera-Weischlitz line, Hitachi Rail's team in Germany will help its client to improve operational efficiency and reliability

by reducing traffic disruption and delays for passengers and freight traffic based on the extremely high level of requirements in safety and availability at DB.

"The achievement of this important milestone on the SLP Porject Gera - Weischlitz line underlines the strong commitment of Hitachi Rail to play a wider role in the DSD programme and support DB as a trusted technology partner," says Alessandro De Grazia - Managing Director Hitachi Rail STS Germany, Head of DACH Region (Sales & Projects)

A key player in the global railway industry, Hitachi Rail offers its clients a comprehensive range of advanced solutions and technologies for railway signalling and systems integration, rolling stock, as well as the service, operation and maintenance of conventional and fully autonomous rail systems, to support the transition to more sustainable and decarbonised mobility and societies.

- Fast-Track Programme is an initiative of the German federal government, the rail industry and Deutsche Bahn (DB), and an economic stimulus programme designed to combat the consequences of the coronavirus pandemic, safeguard jobs and strengthen industry. In a short time, in seven projects, existing signal and switch technology will be replaced by modern, digital technology. Projects like these usually take much longer to realize, but processes are being improved and standards established to accelerate project execution, in close cooperation with industry. This is an important building block for the digitalization of the railway network within the framework of the DSD programme.
- SCI = Standard Communication Interface, which is the interface between the interlocking unit (ESTW central - IXL)) and ETCS control center (OCC)

About Hitachi Rail

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world -famous 'bullet trains', to our signalling solutions and turnkey projects, state--of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society.

For information about Hitachi Rail, visit www.hitachirail.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comDeutsche Bahn and the German Federal Railway Authority has witnessed a series of functional and operational tests that proved Hitachi Rail's capability to adapt its digital interlocking product to German specifications and standards.

Why Security Pros Are Frustrated With Cloud Security

As companies shift more operations to the cloud, a shortfall in security talent and too much security data wastes more than half of the time spent on security issues, a survey finds.

Chrono․Tech Attracts $30 million Investment

PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector has been nothing short of sensational over the course of […]

Samsung Provides a Glimpse Into the South Korean Metaverse and NFT Craze

At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. In addition to the NFT TVs, Samsung also launched a virtual experience inside of Decentraland, one of the most popular metaverse gaming platforms. It’s high time we […]

U.K.’s Financial Conduct Authority plans to curb the marketing of cryptocurrencies.

U.K.’s financial watchdog Financial Conduct Authority revealed that it is planning to curb the marketing of cryptocurrencies and other high-risk investments, a move that comes amid a boom in crypto ads and endorsements from celebrities. The changes would strengthen risk warnings on ads and ban incentives to invest, such as new joiner or refer-a-friend bonuses, […]

US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate

America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse” and he published a report on the issue and blamed excessive […]

What is NFT and How is Such Technology Used?

Process simplified-Create NFT for your digital assets In early 2018, CryptoKitties, an innovation-driven product, became one of the first NFT projects to grab the attention of the crypto community. This original game was developed using a non-fungible token. Any NFT is a non-interchangeable unit of data. The new game became very popular in a short […]

The post What is NFT and How is Such Technology Used? appeared first on PrimaFelicitas.

Data Management Trends in 2022

Data Management is about collecting, storing, and using data efficiently, securely, and in a cost-effective way. More and more, organizations are shifting to scalable Data Management platforms (in the cloud) to govern, secure, and analyze data. This allows them to process their business functions with a single unified platform. Data Management platforms provide increased control, […]

The post Data Management Trends in 2022 appeared first on DATAVERSITY.

Posture Tackles 10x Surge in Small Business Cyber Security Costs

The cost of meeting cybersecurity requirements for small and midsize businesses has multiplied by 10x in the past year, fueled by an increase in cyber-attacks and new risks of working from home....

(PRWeb January 10, 2022)

Read the full story at https://www.prweb.com/releases/posture_tackles_10x_surge_in_small_business_cyber_security_costs/prweb18427148.htm

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