IoT News

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Reltime leads Web3 innovation with comprehensive platform integration

Reltime has  positioned itself at the forefront of innovation in the next-generation digital and financial services industry by being one of the first to integrate four fundamental elements into its Web3 platform: streaming and interactions, identity and rewards, the fastest decentralised exchange (DEX) and wallet, and gaming in the Metaverse. This holistic integration represents a leap forward in blockchain-enabled applications, emphasising user engagement, security and an experience.

Frode van der Laak, the CTO and co-founder of Reltime emphasises that their newly implemented integrations represent an advancement beyond what Proof of Work or Proof of Stake models have achieved. “Our identity system embedded within the blockchain is fully compliant with global regulations and sets a new standard for trust across all platform elements,” said van der Laak. This compliance is not just a benchmark but also a commitment to trust and security in the Web3 domain.

  • Streaming and interaction: Reltime has created an ecosystem where streaming and interaction go together with dynamic incentivisation, rewards and user engagement, making digital experiences real-time and enriching.
  • Identity and rewards: The platform’s innovative approach to digital identity and rewards is integrated with real-world identities and avatars, allowing users to navigate Web3 ecosystem with confidence and receive rewards for their activities.
  • Fast DEX and wallet: With its <1.8 sec/transaction time DEX platform, Reltime is reshaping financial transactions by providing a gasless DEX experience, complemented by a non-custodial wallet for world-class security and control, also for trading CBDC and other digital assets.
  • Gaming and metaverse: Reltime’s integration to metaverse invites users to explore a vast universe where gaming and virtual worlds blend, promising a future where the boundaries of digital experiences are constantly expanding.

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February 29, 2024

Posted by: Magda Dabrowska

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STL and Robotex India launch RoboEdge to boost tech skills in rural Maharashtra

STL has launched RoboEdge – an  AI Robotics Education Programme to empower young students in rural Maharashtra with advanced technology skills, in partnership with Robotex India, a non-profit organisation dedicated to narrowing the digital divide. Both companies conducted a warm, small group ceremony with Nanda Gaikwad, Deputy Municipal Commissioner, Education, as the chief guest along with Ganesh Dandage, Controlling Officer Education, Aurangabad Municipal Corporation, as the guest of honour to kick off this programme. (more…)

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February 16, 2024

Posted by: Magda Dabrowska

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ADI welcomes Rich Puccio as chief financial officer

Analog Devices, Inc. has announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as executive vice president and chief financial officer. In this role, Mr. Puccio will set ADI’s financial strategy and lead the company’s global finance operations. Mr. Puccio will report to CEO and chair Vincent Roche.

​“Rich brings tremendous experience and capability from his more than three decades of leading financial advisory and high-growth business operations activities in complex technology sectors, and this makes him a great addition to ADI’s leadership team. We welcome Rich’s sharp business acumen to enable ADI to accelerate the effectiveness of our operations in a world of increasing opportunity and complexity,” said Vincent Roche, ADI’s CEO and chair. “I would also like to thank Jim Mollica for his partnership and contribution as interim CFO, and I look forward to Jim’s continued leadership in ADI’s finance organization.”

Mr. Puccio joins ADI from Amazon Web Services (AWS) where he served as CFO. In his role at AWS, Mr. Puccio partnered closely with the business to manage more than 200 fully featured services, including compute, storage, databases, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile and security, among many other technologies. Prior to his role at AWS, Mr. Puccio was at PricewaterhouseCoopers (PwC) for nearly 29 years, where he served as a partner for over two decades. During his tenure at PwC, Mr. Puccio primarily served clients in the global technology, semiconductor and semiconductor capital equipment industries.

“With its innovative spirit, amazing talent and dedication to enriching lives and the world around us, ADI has exceptionally strong growth potential. I’m delighted to be joining ADI as the company’s new CFO and look forward to bringing my digital, software, and platform experience to the company as we play an increasingly important role in creating the Intelligent Edge and driving new levels of shareholder value,” said Richard C. Puccio.

Richard Puccio earned his AB in Economics from Harvard University and his MBA from Boston University.

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January 26, 2024

Posted by: Magda Dabrowska

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ABB acquires majority of Meshmind to boost R&D capabilities in AI and IoT

ABB announced that it has agreed to acquire a majority of software service provider Meshmind to expand its research and development (R&D) capabilities in AI, Industrial IoT and machine vision. Through this acquisition, ABB will integrate engineering talent, AI and software knowledge to form a new global R&D hub to further accelerate the development of automation solutions within its Machine Automation division (B&R). The deal will focus on industries such as logistics and manufacturing. (more…)

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January 19, 2024

Posted by: Magda Dabrowska

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Xalient customer Abode receives recognition for Abode Edge Camera

Xalient customer Abode has been recognised for their new product, the Abode Edge Camera. Xailient AI runs inside the Abode Edge Camera, watching for anomalies like package deliveries or strangers on the premises and screening out normal activity like family or natural motion that can confuse less advanced cameras. (more…)

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January 18, 2024

Posted by: Magda Dabrowska

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Yale launches ‘Smart City Engineering with IoT’ course

The Yale School of Engineering & Applied Science has launched a new, forward-looking course, Smart City Engineering with IoT, in response to the burgeoning urbanisation trends in the U.S. and around the globe. With the urban population in the U.S. projected to reach 89% by 2050 and urban areas contributing significantly to the national GDP, the course aims to provide students with an understanding of the technological advancements driving the evolution of ‘smart cities’. (more…)

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January 12, 2024

Posted by: Magda Dabrowska

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Hyundai and Kia partner with Samsung for car-to-home service

Hyundai Motor Company and Kia entered into a partnership with Samsung Electronics on January 3 to establish a car-to-home and home-to-car service. The objective of this collaboration is to improve the connectivity between residential and mobility environments, fostering seamless integration and convenience for users. (more…)

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January 9, 2024

Posted by: Magda Dabrowska

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Elliptic Labs joins MIPI Alliance to drive innovation

Elliptic Labs has announced that it has joined the MIPI Alliance, a collaborative global organisation serving industries that develop mobile and mobile-influenced devices. The focus of the organisation is to design and promote hardware and software interfaces that simplify the integration of components built into a device. (more…)

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December 27, 2023

Posted by: Magda Dabrowska

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Fibocom launches PCBA formula for industry applications

Fibocom has announced the fulfilment of its PCBA capability for industry customers in the field of smart payment, industrial handheld, connected AI camera, commercial display, intelligent service robotics, AI edge server, etc. Encompassing hardware design, MD & ID evaluation, algorithm migration & integration, certification and software application support, the comprehensive printed circuit board assembly (PCBA) solution expedites the commercialisation of customers’ smart devices. (more…)

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December 22, 2023

Posted by: Magda Dabrowska

Smart Street lamps to enhance UK cities with electric vehicle charging, wireless connectivity

Smart street lamps that can charge electric vehicles and boost wireless coverage will be rolled out in towns and cities across UK, as part of a £1.3 million (€1.49 million) pilot to test next-generation digital technologies. With rising demand for wireless services, companies are increasingly exploring opportunities to install infrastructure on lamp posts, traffic lights, CCTV (closed circuit television) columns, benches, bins and bus stops. (more…)

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September 27, 2023

Posted by: Janmesh Chintankar