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This Week’s Awesome Tech Stories From Around the Web (Through December 2)

When AI Unplugs, All Bets Are OffMatthew Smith | IEEE Spectrum“The next great chatbot will run at lighting speed on your laptop PC—no internet...

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WhatsApp Finally Allows Users to Edit Messages

Nevada man Bryan Lee has been charged with crimes involving CoinDeal, a so-called metaverse cryptocurrency that was actually an investment fraud scheme. The company is...

Canada’s Bankrupt ‘Crypto King’ Kidnapped, Tortured, Held for $3 Million Ransom

Canada’s self-proclaimed "Crypto King" Aiden Pleterski was kidnapped, tortured, and held for ransom after allegedly fleecing investors out of millions, court documents filed earlier...

TVS Motor Company’s Chairman Sir Ralf Speth conferred with University of Warwick’s Honorary Doctorate

Singapore, Jan 21, 2023 - (ACN Newswire) - Sir Ralf Speth, Chairman of TVS Motor Company, has been conferred with an Honorary Doctorate in the field of Science...

How AR can make sure automakers keep up with electric vehicle demand

Innovative approaches like using augmented reality for training on the factory floor can help the UK automotive industry avoid being left behind by...

SiriusXM, MyHyundai Car Apps Showcase Next-Gen Car Hacking

At least three mobile apps tailored to allow drivers to remotely start or unlock their vehicles were found to have security vulnerabilities that could...

British Firm Tackles ‘Harvest Now, Decrypt Later’ Problem With Sharding Technology

Quantum-proof secure data distribution platform released to enterprise market

A UK firm believes it has solved the ‘harvest now, decrypt later problem’.

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Why IOTA Was Chosen By The European Union To Develop Blockchain Solutions

IOTA was selected as one of the projects that will take part in the European Union Blockchain Pre-Commercial Procurement. The platform will be competing with four projects in a second round for this EU program for a chance at improving the European Blockchain Services Infrastructure (EBSI). Related Reading | IOTA Smart Contracts Enter Beta Phase To Circumvent Network Flaws Announced by the IOTA Foundation (IF), the network has reached stage two out of three after it was selected from around 35 applicants. This second phase will last around six months, per the announcement, and will have a special focus on research, development, and lab testing. The IOTA Foundation will receive support from the European Commission in order to investigate and develop “blockchain innovations in the context of testing how future evolutions of EBSI could evolve towards a more scalable, energy-efficient, secure and interoperable architecture”. In that sense, the IOTA Foundation revealed that it will partner with Software AG to implement the developed solution. After, the EU Commission will launch an evaluation phase to test the results of its program’s second phase and the progress each participant has accomplished. The IF added the following: (…) based on this evaluation, a minimum of three projects will be selected to move on to Phase 2B, final solutions development and field testing, which is expected to last another year. Therefore, the non-profit organization will start testing blockchain solutions based on IOTA, specifically they will test a use case for digital product passports for digital waste recycling and a cross-border management of IP rights, the announcement said. Besides Software AG, the IF will rely on other partners and will attempt to growth its partner network. In the past, the organization has worked with major companies from around the world to help them develop multiple use cases. This includes software giant IBM, Dell Technologies, Jaguar Land Rover, and others. IOTA To Power EU Supported Blockchain Solutions? In its final stage, the EU program will require projects to field test the capabilities of their proposals. The IF claimed to be “excited” about its role on this European driven initiative and added: We very much support the strategic focus placed by the European Commission on blockchain and distributed ledger technology as a driver for innovation and growth. We are privileged to be part of this pre-commercial procurement procedure to develop a Europe-wide infrastructure based on blockchain and DLT for use in public services (…). IOTA will dedicate resources to develop solutions and use cases on Scalability, and the implementation of sharding on the EBSI infrastructure. The objective is to improve the protocol’s scale capabilities to onboard and support the users that will leverage the EBSI network. The IF will attempt to develop its sharding solution with a “root network” approach. In other words, a main network will be connected to a series of leaf or branch smaller networks. In addition, the organization will work on its consensus and governance mechanism, its interoperability, and potential to implement identity solutions. Related Reading | IOTA to Release Smart Contract Network ‘Assembly’ And Distribute ASMB Token At the time of writing, IOTA trades at $1,11 with a 1.9% loss in 24 hours.

All Cars in Forza Horizon 5

The Forza series is getting a refresh after three years. A major change in scenery is waiting for the fans, with Forza Horizon...

What Is a Solid-State Battery in the Context of an Electric Vehicle?

A solid-state battery is a rechargeable energy storage unit that is structurally and functionally comparable to the more well-known lithium-ion battery. The two...

Sustainable supply chain traceability company Circulor raises $14 million in Series A round

This funding round was led by The Westly Group, a California-based venture firm focusing on sustainability minded startups.

The post Sustainable supply chain traceability company Circulor raises $14 million in Series A round appeared first on The Block.

4 Applications of AR in the Automotive Industry

Modern technological progress has been continuously changing the landscape of the world. This statement is especially true to industries such as automotive as...

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