KT and Samsung to develop 5G-powered medical service

KT Corporation, along with Samsung Medical Center (SMC), have announced the launch of a 5G-enabled medical service as an initial step to setup a 5G-based smart hospital. The pilot project, which is developed by the Seoul-based South Korean telecom giant, developed service environments in operating and proton therapy rooms and performed a test operation.

Based on the results from the pilot, both KT, formerly Korea Telecom, and...

By Telecoms, 20 January 2020, 0 comments. Categories: 5G, Asia, Connectivity, Disruption.

First 6G whitepaper from University of Oulu aims to paint picture for 2030 wireless landscape

In February, US president Donald Trump sent out a tweet which demanded the United States be at the forefront of emerging technology innovation amid a turbulent wireless industry landscape. In that month alone, aside from the ongoing Huawei saga, Verizon touted an edge computing solution as a way to reduce 5G latency, while

By James Bourne, 11 September 2019, 0 comments. Categories: 5G, Connectivity, Disruption, Europe, Innovation, Spectrum, Wireless.

How to resist cybercrime and an ‘Internet of Threats’ in enterprise finance

The presence of cybercriminal activity online is an everyday challenge within the enterprise finance sector. Cybercrime is now an established threat to corporations and their customers. It's largely due to IT security policies that are difficult to enforce and the under-utilisation of effective encryption.

Coupled with the challenges of cybercrime, financial service institutions now experience business model disruption from innovative Fintech startups and increasing regulatory oversight from legislation...

By David H. Deans, 05 September 2019, 0 comments. Categories: 5G, Disruption, IoT, Regulation, Research, Security.

Digital wallet transactions will reach $9 trillion by 2024: Exploring the forces driving this spend

The benefit of a digital wallet is that, for both online and offline transactions, it enables the wallet user to easily make secure, quick transactions, thereby removing the requirement for a plastic card -- or the need to enter bank account details for every online purchase.

For the 'unbanked' populace across the globe, the availability of a digital wallet and cryptocurrency on a mobile phone will provide a means of financial inclusion, both as an alternative to cash payments and as a way of...

By David H. Deans, 24 June 2019, 0 comments. Categories: Apps, Consumers, Disruption, Research.

How chatbots are delivering lasting benefits for the financial services sector

Ever since the advent of computer use by established banking and insurance organisations in the early 1950s, financial services has been a sector that generates an enormous amount of customer transaction data.

That's why they've adopted analytics tools for big data use cases, and it's why they've been one of the first sectors to pilot the deployment and applications of artificial intelligence (AI) systems.

AI chatbot market development

According to the latest worldwide market...

By David H. Deans, 05 April 2019, 0 comments. Categories: Apps, Customer Service, Disruption, Marketing.

SK Telecom and Deutsche Telekom team up in blockchain for identity play

MWC19 Compared to other technologies, such as big data, artificial intelligence and the ubiquitous 5G, blockchain is expected to have a lesser role to play at MWC Barcelona this year. Yet a few stories are showcasing this aspect - and one in particular from two of the telco industry's biggest players.

There's something of an irony in this reasoning. Previously, blockchain had not exactly made the biggest impression at Mobile World Congress because, well, it wasn't mobile. Of course, some initiatives are...

By James Bourne, 25 February 2019, 0 comments. Categories: Disruption, Operators, Security.