Feb 28 – 5 Key Stories From The Digital World

By February 28, 2019 Insight

1.  OneWeb is about to launch the first of more than 600 internet satellites

  • A private firm will launch the initial six of a planned 640 satellites…If successful, these spacecraft could be the foundation of the first large-scale internet network in low-Earth orbit.
  • OneWeb’s satellites will orbit hundreds of miles above the Earth, providing data connections to mobile phones, laptops and tablets through ground terminals marketed by the company, which it expects to bring online as soon as 2020.
  • One top rival is Elon Musk’s SpaceX, which launched two internet satellites last year to pilot a service called Starlink. It’s already established a 10 gigabit-per-second connection to the internet through into the Seattle Internet Exchange

2. London Stock Exchange invests in start-up behind world’s first cryptocurrency bond

  • … invested in a start-up that lets companies issue debt on blockchain, signalling growing interest from mainstream finance in the technology behind cryptocurrencies.
  • LSEG led a $20 million investment round in London-based Nivaura, paying an undisclosed sum for a minority stake
  • The platform enables financial instruments to be settled on existing clearing infrastructure, or as digital tokens that are recorded on public blockchain

3. Sony, Fujitsu Aim to Make Educational Data ‘Unfalsifiable’ With Blockchain

  • Two Japanese tech giants have teamed up on an initiative using blockchain to provide educational records that cannot be faked
  • Students will use Fujitsu’s Fisdom*2 digital learning platform as part of the course, with data including study logs and test grades being immutably stored and managed on a blockchain. The data will be provided to students as an “unfalsifiable” digital certificate…
  • The news marks Sony’s latest initiative to utilize blockchain in education. In 2017, the company developed a new educational platform in partnership with IBM that uses blockchain to secure and share student records.

4. FedEx unveils autonomous delivery robot

  • FedEx is collaborating with companies such as AutoZone, Lowe’s, Pizza Hut, Target, Walgreens and Walmart to help assess retailers’ autonomous delivery needs.
  • On average, more than 60 percent of merchants’ customers live within three miles of a store location, demonstrating the opportunity for on-demand, hyper-local delivery.
  • FedEx plans to test the bot this summer in select markets, including Memphis, Tenn., pending final city approvals.

5. 14 European Companies That Became Unicorns In 2018

  • These billion-dollar companies have an aggregate valuation of about $24B
  • European unicorns, or private companies valued at $1B+, make up about 11% of the total number of unicorns around the world.
  • In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation.