Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for the ‘fintech’ Category

Growing Languages

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iFixit and others have torn down the new 16″ MacBook Pro, which has revealed, yes, a keyboard similar to the standalone Magic Keyboard (and which allegedly will not have the same keyboard woes of the more recent MBPs). Also, a new thermal system, a high-performance microphone array, and six speakers (which apparently can play quite loud so you can annoy all your cubicle amigos).

GitHub just released it’s “State of the Octoverse” report, which tracks the most popular programming languages. The top three fastest-growing include Dart, Rust and HCL. Dart is similar to Javascript and often used in conjunction with Google UI tool kit for building mobile and web apps, Flutter.

Rust is used in game engines, OSes, VR, and other systems-intensive tasks. And HCL helps developers run and secure software running in the cloud.

On the subject of cloud, Google has bought Microsoft-backed CloudSimple which enables companies to run compute workloads based on VMware’s server virtualization. No terms were disclosed.

Today’s Funding: Financing and small-banking services firm BlueVine has raised a $102.5M Series F. BlueVine is a fintech startup focused specifically on the needs of SMB, providing both lines of credit and term loans of up to $250K).

Written by turbotodd

November 19, 2019 at 9:58 am

Brave New World

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Happy Monday. Bloomberg is reporting that Apple CEO Tim Cook made a “very compelling argument’
that Apple might lose its edge to Samsung because due to tariffs on Chinese goods. 

China’s apparently moving on, with The Verge reporting that Chinese smartphone makers Xiaomi, Oppo, and Vivo are collaborating on an AirDrop-style wireless file transfer protocol that will work between their devices with speeds of up to 20 MB/s. If you will, the Great Wireless Wall of China.

Also news on the crytocurrency front: Japanese e-commerce giant Rakuten has launched a crypto exchange for trading in bitcoin, ether, and bitcoin cash. And, Accenture is reporting that global fintech investments have dropped as Chinese fundraising has fallen sharply.

The U.S. remains the world’s biggest fintech market with $12.7B in first-half fundraising — such investments in China were at $820M, a huge fall from the $17.7B raised a year earlier.

Why the big drop? Increased U.S. scrutiny of foreign investments in the U.S., restrictions on Chinese firms’ access to U.S. tech, Huawei’s blacklisting, fears of a global recession and declining business capx investment (among others).

It’s a brave (and never boring) new world.

Written by turbotodd

August 19, 2019 at 10:34 am

Posted in 2019, apple, china, fintech

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Singapore Fintech Startup INVICTUS To Use IBM Blockchain and Bluemix

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The IBM blockchain momentum continues to build.

IBM has announced that Singapore fintech startup, INVICTUS, is collaborating with the company to leverage IBM Cloud and blockchain technologies for their Order, Logistic & Payment (OLP) platform.

The platform aims to help business reduce waste, redundancy, and cash-flow issues in their transaction processes by disrupting the supply chain management cycle with blockchain smart contract technology.

As part of this collaboration, INVICTUS is also working with the IBM Bluemix Garage in Singapore to design a distributed ledger platform prototype on the Hyperledger Fabric, aimed at managing transactions between small and medium enterprises, suppliers, banks and other liquidity providers.

“INVICTUS offers more than an e-procurement platform. We focus on taking the chronic pain out of the last mile of a transaction by expanding access to financing from third party liquidity providers, in addition to banks. Through our blockchain smart contract technologies and working collaboratively with IBM, we hope to disrupt this last mile by enabling secure and cashless financing as early as the PO stage,” said Mr Lim Soon Hock, Chairman of INVICTUS.

“Being a start-up ourselves, we know running an enterprise with limited resources can be challenging. Working with the IBM Bluemix Garage team has been an eye-opening experience in showing us how companies can benefit from technologies such as blockchain which has the capabilities to improve operational efficiency and reduce transaction risks. We are very excited to see how our offerings will help SMEs become more productive and competitive,” said Jeffrey Lam, Chief Operating Officer & Vice-President of Sales of INVICTUS.

Blockchain is one of the advanced services available to developers on Bluemix, on which more than 120,000 apps are launched every month. IBM Bluemix has rapidly grown to become one of the largest open, public cloud deployments in the world.

Based on open standards, it features over 150 tools and services spanning categories of big data, mobile, cognitive computing, analytics, security, blockchain and Internet of Things.

You can learn more about IBM blockchain solutions here.

Written by turbotodd

March 15, 2017 at 9:19 am

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