Daily: Tech-News

Practical deployment of Internet of Things (IoT)

IoT is hot but there are not as many mainstream applications today as some predicted. We anticipate that with 5G, the number of connected devices and mainstream IoT applications will reach scale.

Amazon recently launched Amazon Go, a system that uses IoT and machine vision technologies to enable consumers to shop without manual check out. Environments will use more sensors and vision technologies, enabling more scalable IoT solutions. Startups Standard Cognition (U.S.), Accel Robotics (U.S.), Trigo (Israel), Grabango (U.S.), and AiFi (U.S.) provide similar services as Amazon Go.

New era of the internet — deployment of 5G and Starlink broadband internet technology

5G competition between the U.S. and China is entering the main stage in 2020. There will be a new competition about who can propel 5G faster into mass consumer use. Another hot topic is the Starlink Broadband business planned by SpaceX.

Until 2020, as many as 2,500 satellites will be launched. This marks a new era of broadband Internet for some users in North America. Starlink’s broadband Internet system will grow with 12,000 satellites through 2023, followed by the addition of 30,000 satellites. SpaceX will provide higher speed Internet starting in 2020.

The U.S. and China put blockchain to practical use

As blockchain grows, payment-type venture companies and venture companies in security — such as Chainalysis, which develops money laundering countermeasure technology — are attracting attention.

In 2020, major institutions will introduce blockchain to prevent large-scale information leakage and Internet fraud. IBM set up an accelerator program specializing in blockchain. China approved the introduction of blockchain in services such as ICBC (China Industrial and Commercial Bank), Alibaba Group, China Southern Airlines, etc. In 2020, blockchain will be put to practical use.