NEM Ventures Announces Investment in IoDLT

Leading Blockchain Industry VC Fund Invests in IoT-based Startup Integrating NEM Catapult to Deliver Efficient Business Solutions   Gibraltar – NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, has announced its investment in IoDLT (Internet of Distributed Ledger Technologies), a B2B blockchain and IoT-based startup. IoDLT utilises IoT and NEM Catapult to provide scalable, cost-effective B2B solutions that automate approaches to securely recording sensor-based IoT data directly to an immutable, distributed, and trusted ledger.       David Mansell, Director and Co-founder of NEM Ventures, said:…

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Burgeoning Demand for Smart and Power-efficient Electronic Devices to Present Mammoth Growth Opportunity for the SoC Industry

  Small electronic devices such as smartphones and tablets mostly require the same components used in desktop computers or laptops to provide all the amazing functionalities we need every day. However, these small devices are not built with the same amount of internal space as that of laptops or desktop PCs to fit various parts such as processors, audio receivers, RAMs, graphics cards, memory blocks, timing units, logic boards, analog-to-digital converters (ADC) and much more.     This means that the internal parts need to be as compact as possible…

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IoT in Trouble if it does not overcome these 5 biggest challenges

As the IoT sector grows rapidly, there are challenges such as threats to cloud, scalability, lack of standardization, and others that need to be overcome to realize its optimum potential.   Internet of Things (IoT) has become a widespread cutting-edge technology with implementation in connected homes, traffic management, smart grid, and others. The technology has been advanced and human lives have become easier and efficient. The growth of implementation of IoT devices is gaining momentum in recent years and it will take more strides in coming years.     The…

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