Friday, 26 June 2020

VORTEX developed an innovative bladeless wind turbine - A break-through in the wind energy sector


VORTEX has developed an innovative wind turbine that would represent a break-through in the wind energy sector. This aero-generator is a new paradigm of harnessing wind, with a disruptive technology to generate energy from the wind without blades. This may be one of solutions to generate wind energy in urban areas.

The technology seeks to optimize aerogenerator´s specifications as maintenance and operational requirements, amortization costs, noise, logistics, environmental impact and design whilst producing energy in a secure, clean and efficient way, and cheaper than current small wind turbines (SWT).

VORTEX built a 6-meters wind turbine pilot prototype in Spain, which generates up to 40% of energy solely from wind. The technology is being scaled up from small devices to medium. Their goal for the Phase 2-SMEInst is to scale-up and test a prototype up to 275 meters and 100W power.

VORTEX produces an affordable and cheaper renewable energy for our end-users: private individuals, general public, households, wind energy cooperatives, energy services companies (ESCOs), manufactures and distributors, businesses, utilities, etc.

Watch a demonstration on YouTube

Bank of Canada: Designing a Central Bank Digital Currency (CBDC) for universal access


Key design matrix given by Bank of Canada on Central Bank Digital Currency (CBDC) based on universal access are

1. A CBDC should be as accessible as cash - 

A CBDC is a digital product that can be designed to include many of the attributes of cash (e.g., ease of use, portability, offline function).

2 Multiple formats for a CBDC can embody the design principles of universal access - 

The Bank is exploring multiple formats for a CBDC, including conventional online and mobile technologies, as well as custom devices and deviceless solutions.

3. A CBDC could be used through a dedicated universal access device (UAD) -

 One potential concept the Bank is investigating is a custom device that is engineered for universal access while securely storing and transferring a CBDC. The device could incorporate attributes of cash and take advantage of specialized technologies. Such a device should be manufactured at a low cost and issued by the Bank to ensure maximum inclusion.

4. A UAD could be resilient in ways that a smartphone is not - 

A UAD could embed a local, secure store of value, be network-independent and operate for long periods on a local power source.

Read on

Designing a CBDC for universal access

If the Bank of Canada issues a central bank digital currency, the technology should be designed for universal access.

Startup Funding: Nextbillion.ai raises $7M funding led by Lightspeed India Partners and Falcon Edge Capital


NextBillion.ai raises $7M funding led by Lightspeed India Partners Advisors and Falcon Edge Capital. It builds mapping and other AI-based hyperlocal services for emerging markets, was founded earlier this year by Ajay Bulusu, Gaurav Bubna and Shaolin Zheng, all former employees of Southeast Asian ride hailing giant Grab.

“Mapping is our first use case, but as we progress in our journey, we want to get into more verticals with an AI-first approach. Natural language processing, facial recognition and cybersecurity will be some of these areas,” said Bulusu.

“We have a lot of hyperlocal nuances. For instance, no company gives you a specific #API for route optimisation of trucks, or autos, or two-wheelers. But the route a truck takes to deliver a package versus a bike might be significantly different,” added Bulusu.

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Nextbillion.ai raises $7M funding led by Lightspeed India Partners and Falcon Edge Capital - ETtech

Nextbillion.ai has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The company, which builds mapping and other AI-based services for emerging markets, was founded earlier this year by Ajay Bulusu, Gaurav Bubna and Shaolin Zheng, all former employees of Southeast Asian ride hailing giant Grab.

Forbes: How The Health Crisis Has Changed The Digital World Permanently

Forbes: How The Health Crisis Has Changed The Digital World Permanently?

1. Payments Technology Is Going Touchless:

We're now likely to see digital wallet solutions grow further, including things like digital IDs, transaction monitoring and even location tracking. We could soon be living in a world where your smartphone could tell you which stores were too crowded or which parts of the mall to avoid.

2. Health Care Is Leveraging Telehealth And IOT For Remote Patient Care:

Telehealth, coupled with wearable data or biosensor technology, will change the health care landscape at a rapid pace. A handful of companies have recently begun development of new ingestible sensors that can be swallowed by patients. These "smart pills" could be used to track gut health or monitor medicine ingestion, and could eventually be mounted with miniscule cameras to help doctors monitor or diagnose a range of conditions.

3. Opti-Channel Services Are Becoming More Crucial:

An opti-channel strategy requires businesses to not only find the best channel to reach each type of customer, but to use that channel to its fullest potential in order to maximize engagement at each and every point along that customer's journey while ensuring continuity of experience and personalization.

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Council Post: How The Health Crisis Has Changed The Digital World Permanently

Experienced technologist and CEO of Infostretch , a digital engineering services company that helps enterprises prosper in digital age. Payments Technology Is Going Touchless If the digital customer experience wasn't a boardroom issue before, the global health crisis has certainly brought it to the foreground.