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Toncoin (TON) Gains Over 14% In Value During The Turbulent Week For Other Cryptos

Toncoin is outperforming major coins despite a turbulent week for the crypto market. The coin experienced a surge of over 14% within the week, leaving traders with huge profits. Toncoin is currently trading at $1.44 per coin, a 4.68% gain in the last 24 hours. Toncoin’s gains also extend to BTC and ETH as it records a substantial edge in price over both cryptos. More recently, Telegram announced the near-completion of its username auction marketplace. The announcement also mentioned the marketplace would leverage the Ton blockchain infrastructure. This bullish news helped push Ton’s price over 12% on the day. Related Reading: Twitter Working On Its Own Crypto Wallet Prototype Toncoin Makes Bullish Reversal To Bag Over 16% Gains TON’s price jump last Thursday came as a surprise for traders and the Ton blockchain users. It was trading in the red zone, touching $1.22 at midday. However, it quickly made a reversal and jumped to $1.39. After making its 13.93% gain, it closed the trading day at $1.35. This surge comes at a time when the cryptocurrency market as a whole has been doing poorly. For the first time this month, the total market capitalization of cryptocurrencies is already less than $920 billion. It might fall even lower than $910 billion by the end of the day. This week also saw Bitcoin, the world’s first crypto, fall below $19k. On Friday, Bitcoin fell to $18,811.51, marking a 1.25% drop from the previous day. While it’s still trading in the red zone, it has climbed to $19k. Specifically, it’s trading at $19,318, down 0.72% from the previous day, at press time. Ethereum also had a bloody week, despite recovering some losses today. On Friday, a unit of Ether was worth $1,278. This decreased by 1% from its early morning price of $1,292. Thankfully, it’s trading at $1,348, a 24-hour increase of 1.34%. However, the battle is far from over. Toncoin’s Partnership With Telegram Causes Price To Surge TON took to Twitter on October 21st to announce its partnership with messaging app Telegram. The partnership will see both platforms creating a marketplace for auctioning off custom usernames. A few weeks ago, Telegram founder and CEO Pavel Durov proposed offering distinctive and identifiable usernames. This will allow Telegram to purchase and trade usernames on the TON blockchain-based marketplace. From what we can gather from Telegram Usernames, the platform for online auctions is nearly ready for launch. It advises that the most valuable usernames be purchased and registered in the TON blockchain’s immutable record.  Related Reading: Can Bitcoin Bring An End To Crypto Winter? | BTCUSD Analysis October 24, 2022 This news was the main catalyst of Ton’s price action, which saw it gain over 16%. The number of trades has also increased by more than 380%. As Telegram plans to reserve and sell off unique usernames, there has been a rise in traders’ enthusiasm. Telegram also recently unveiled a TON-based functionality that paves the way for users to trade cryptocurrencies with one another. Featured image from Pixabay and chart from TradingView.com

Hitachi Astemo Develops Prototype 360-Degree Stereo Vision with Multi-Camera 3D Sensing

TOKYO, Oct 21, 2022 - (JCN Newswire) - Hitachi Astemo, Ltd. has developed a prototype 360-degree stereo vision system for automated vehicles traveling on regular streets. Based on multi-camera 3D sensing, the all-surrounding sensing system is both high-resolution and highly accurate.


Most of the current automated driving systems are limited to highway driving. To enable automated driving systems to be used on general roads, they need to accurately recognize the entire road environment around the vehicle, including a complex mix of objects such as pedestrians and bicycles. Radar and LiDAR systems with high-ranging accuracy, however, still face cost issues before they can see widespread adoption, and all-surrounding-area camera systems, which although are superior in terms of cost,

are mainly based on a monocular camera that is still continually evolving to improve accuracy and other issues.

Hitachi Astemo, together with the Research and Development Division of Hitachi, Ltd., leveraged their strengths in stereo camera technology to develop a prototype of the 360-degree stereo vision system, using multi-camera 3D sensing that enables distance measurement with the stereo camera technology. Instead of the conventional module consisting of two cameras with the same view angle and being nearly parallel to each other, the camera layout has been made more flexible to use a combination of approximately 10 cameras with different angles of view, including non-parallel cameras to provide stereoscopic 3D vision. By integrating multi-camera 3D sensing into a single in-vehicle camera system, the system realizes 360-degree stereo vision, with a cost advantage, high accuracy and resolution.

By generating highly accurate distance information in stereo and all around the vehicle, the system can detect such elements as the distance of a vehicle traveling in the adjacent lane, or a two-wheeled vehicle slipping through a line of cars from behind in a traffic jam. It can estimate the relative speed and direction of movement, and apply this information for vehicle control to avoid collisions and entanglement at intersections. In addition to basic object recognition of objects such as cars, motorcycles, pedestrians, and traffic lanes, the recognition function also includes turn signals, red lights, and brake lights to predict the behavior of other vehicles; as well as traffic signals, road signs, road edges, and free space areas available for driving--all of which are necessary to identify for while driving on ordinary roads.

Furthermore, Hitachi Astemo has improved reliability and environmental resistance in camera sensing such as features to resist water droplets and dirt adhering to the lens surface, or shielding the entire lens in the snow. The AI has learned malfunction patterns caused by these factors and can identify malfunction factors that occur in each camera, thereby preventing malfunctions.

Going forward, Hitachi Astemo will continue to strengthen its 360-degree stereo vision systems that combine cost advantages with high accuracy and resolution, as well as improved reliability and environmental resistance, with the aim to expand the scope of automated driving systems for use on general roads.

Hitachi Astemo is committed to strengthening its business and delivering technological innovation through a strategic business portfolio, which consists of the Powertrain &

Safety Systems business, Chassis business, Motorcycle business, Software business and Aftermarket business. Aiming for a better environment globally and growth around the pillars of "green," "digital," and "innovation," we will deliver highly efficient internal combustion engine systems; electric systems that reduce emissions; autonomous driving for improved safety and comfort; advanced driver assistance systems; and advanced chassis systems. Through such advanced mobility solutions, we will contribute to realizing a sustainable society and provide enhanced corporate value for our customers.

For more information, please visit the Hitachi Astemo website: www.hitachiastemo.com/en/.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHitachi Astemo, Ltd. has developed a prototype 360-degree stereo vision system for automated vehicles traveling on regular streets. Based on multi-camera 3D sensing, the all-surrounding sensing system is both high-resolution and highly accurate.

Blockchain Maturity Model (BMM) Experts are Ready

Washington, DC, August 12, 2022 – The Government Blockchain Association (GBA) has trained its inaugural class of Blockchain Maturity Model (BMM) experts. These GBA...

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