Wednesday, 8 July 2020

Mergers & Acquisitions: Binance Acquires Crypto Debit Card Provider Swipe for Undisclosed Sum - CoinDesk


Exchange giant Binance has acquired crypto wallet app Swipe that allows users to purchase items via a Visa debit card.

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Binance Acquires Crypto Debit Card Provider Swipe for Undisclosed Sum - CoinDesk

Exchange giant Binance has acquired crypto wallet app Swipe.io that allows users to purchase items via a Visa debit card. Swipe users can purchase cryptocurrencies from within the app and the debit cards automatically convert stored cryptocurrency into fiat currency, using the Visa payment network.

Quantum Cryptography Market to Witness Huge Growth by Key Players: ID Quantique, Quintes sence Labs , NuCrypt , Qasky , Crypta Labs and Others.


The report titled “Quantum Cryptography Market” sheds a concentrated focus on the Quantum Cryptography industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

The Global Quantum Cryptography Market is expected to grow from US$ 101 Million in 2018 to US$ 506 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 37.9% during the forecast period.

Key Players:-

ID Quantique (Switzerland),
Quintes sence Labs (Australia),
NuCrypt (US),
Qasky (China),
Crypta Labs (UK),
Post-Quantum (UK),
MagiQ Technologies (US),
ISARA (Canada),
QuNu Labs (India),
QuantumCTek (China),
Quantum Xchange (US),
Aurea Technologies (France),
qutools GmbH (Germany),
Mitsubishi Electric (Japan),
IBM (US),
Microsoft (US).

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Quantum Cryptography Market to Witness Huge Growth by Key Players: ID Quantique, Quintes sence Labs , NuCrypt , Qasky , Crypta Labs, Qubitekk , Post-Quantum and Others.

The report titled " Quantum Cryptography Market " sheds a concentrated focus on the Quantum Cryptography industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market. Need a Free Sample Report?

Quantum cryptography startup PQShield exits stealth - SiliconANGLE


Post-quantum cryptography startup PQShield Ltd is exiting stealth mode armed with a suite of tools it says companies can use to safeguard computer systems and other devices from quantum-based attacks.

It also announced £5.5 million ($6.8 million) in seed funding from backers including Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation and angel investor Andre Crawford-Brunt, the former global head of equities at Deutsche Bank AG.

The U.K.-based company is betting on the imminent arrival of full-scale quantum computers, which it says will pose an unprecedented problem for security due to their potential to bypass traditional public-key encryption standards.

Quantum computers are machines that use the properties of quantum physics to store data and perform computations. This can be extremely advantageous for certain tasks and gives them the potential to vastly outperform even the best supercomputers of today.

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Quantum cryptography startup PQShield exits stealth - SiliconANGLE

Post-quantum cryptography startup PQShield Ltd. is exiting stealth mode today armed with a suite of tools it says companies can use to safeguard computer systems and other devices from quantum-based attacks. It also announced £5.5 million ($6.8 million) in seed funding from backers including Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation and angel investor Andre Crawford-Brunt, the former global head of equities at Deutsche Bank AG.

Indian healthtech startup 5C Network is using AI and ML to speed up radiology scan results


5C Network, a Bengaluru based healthtech startup, co-founded by Kalyan Sivasailam and Syed Ahmed in 2016, reduces the turnaround time to come out with the radiology test results - in just 42 minutes, and also ensures higher degree of accuracy. 5C Network has created an #AI technology platform, bringing together all the participants such as radiologists, hospitals, and diagnostic centres.

The radiology market is highly fragmented with these services present in hospitals, diagnostic centres. and even private clinics. According to industry reports, the Indian radiology market is estimated at a size of around Rs 45,000 crore.

In 2016, 5C Network started doing 26 radiology reports a month, and has now reached an average of 80,000. It has around 350 radiologists on its platform with 600 clients across the country.

The startup has raised around Rs 5 crore in funding till now from Unitus Ventures, Axilor, and the Centre for Innovation Incubation and Entrepreneurship (CIIE), the technology business incubator of IIM Ahmedabad. It is looking to raise another round of funding soon.

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This healthtech startup is using AI and ML to speed up radiology scan results

Few years ago, Syed Ahmed underwent an MRI scan and had to wait for three days to collect the radiology report. This triggered the idea for Syed and his friend, Kalyan Sivasailam, to create a digital platform for faster results.