Cisco Systems, International tech and IT firm has inaugurated a Co-Innovate Center in Singapore, the Bangkok Post issues on Feb. 25, Monday.
Additionally, Cisco CTO Dave Ward supposedly said that the new center, there are 14 worldwide, will assist stimulate the growth of new technology in the province. The branch in Singapore will supposedly focus on the Internet of Things (IoT) cybersecurity, and blockchain technology.
Also, the IT firm will supposedly provide various prototypes and represent potential applications of new technology in various distinct commercial contexts, along with in public education and administration.
The center will supposedly showcase the Rotterdam Project, in which numerous aspects of port operation comprising vehicles, cranes, cargo, rails and water levels will be fully operated automatically by 2023. Also, Ward apparently stated that the same technology could be practiced in evolving ports in Thailand and Singapore.
Cisco has been aggressively creating blockchain technology in present years. During 2017, the firm collaborated with the Enterprise Ethereum Alliance (EEA), the world’s biggest open-source blockchain creativity in July 2017.
During March last year, Cisco registered a patent with the United States Patent and Trademark Office for a procedure of confidential group communications associated with blockchain technology. This patent proposed to regulate common tasks witnessed by messaging groups:
“How group membership is established, communicated, updated, and secured from unauthorized tampering are common problems for which a construct is not available that can be effective in the context of dynamic, decentralized, and self-organizing group.”
Previously this month, amidst the most particular universities in China, Fudan University, introduced a blockchain research center on its site. This center will regulate research on blockchain technology, showcase distinct applications, additionally offering training facilities.
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