#new tech products 2024 in Kuwait

[greatlobbyis123]

Latest & New Smartphones List 2024 | Great Lobbyist

Discover the hottest new smartphones of 2024 at Great Lobbyist. Stay ahead of the tech curve with our curated list of the latest smartphone releases. From cutting-edge features to sleek designs, find your perfect device and upgrade your mobile experience today. Explore our comprehensive collection now.for more details visit us: https://greatlobbyist.com/

[adityarana1687-blog]

Dental Implants Market Size To Reach $9.62 Billion By 2030

The global dental implants market size is expected to reach USD 9.62 billion by 2030, registering a CAGR of 9.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for tooth replacement has provided good growth potential to the market. The increasing number of dental injuries owing to road accidents and sports injuries are some of the major factors boosting the market growth.

With growing aesthetic awareness, people are exploring more treatment options, which is leading to the growth of the market. For instance, as per the American Academy of Cosmetic Dentistry data, more than 95.0% of individuals across the globe believe that their smile is a vital social asset and nearly 84.0% revealed to be under increased pressure to perfect their smile, thus increasing the product demand. Dental implants are considered the only restorative technique that preserves and stimulates natural bone. Owing to the growing number of edentulous people, the demand for prosthetics is increasing, which is expected to be one of the major impact-rendering drivers for the market.

Several industries have halted their services due to the COVID-19 pandemic. However, the dental care industry is greatly impacted by the significant decrease in elective procedures, many of which are being postponed or canceled so that hospitals can focus their resources on treating patients with COVID-19. Major Countries like the U.S and India procure raw materials and electronic components from China, which has disrupted the supply chain of many dental equipments and product manufacturers. However, with the decrease in the number of COVID-19 cases, hospitals are likely to begin scheduling elective procedures, depending on their capacity of admission and patients comfort level.

Request a free sample copy or view report summary: Dental Implant Market Report

Dental Implants Market Report Highlights

The titanium segment held the largest share of more than 91.36% of the overall revenue in 2023 due to its wide applications, durability, and cost-effectiveness

The zirconium segment is anticipated to be the fastest-growing product segment over the forecast period due to better flexural strength, improved aesthetic appearance, and less corrosiveness as compared to titanium

North America dominated the global dental implants market and accounted for the maximum share of more than 35.64% in 2023 owing to high awareness about restorative treatments and the presence of established market players

Dental Implants Market Segmentation

Grand View Research has segmented the dental implants market on the basis of on implant type and region:

Dental Implants Implant Type Outlook (Revenue, USD Million, 2018 - 2030)

Titanium Implants

Zirconia Implants

Dental Implants Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

Spain

Austria

The Netherlands

Poland

Romania

Czech Republic

Greece

Sweden

Portugal

Denmark

Norway

Asia Pacific

Japan

China

India

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

MEA

South Africa

Saudi Arabia

Kuwait

UAE

List of Key Players of Dental Implants Market

BioHorizons IPH, Inc.

Nobel Biocare Services AG

Zimmer Biomet Holdings, Inc.

OSSTEM IMPLANT

Institut Straumann AG

Bicon, LLC

Leader Italy

Anthogyr SAS

DENTIS

DENTSPLY Sirona

DENTIUM Co., Ltd.

T-Plus Implant Tech. Co.

KYOCERA Medical Corp.

[forblogmostly]

One Point One Solutions Limited Secures Major Client Win with Leading Indian NBFC

One Point One Solutions Limited, a prominent provider of technology-enabled business process management (BPM) services, has announced an exciting new partnership with one of India's leading non-banking financial companies (NBFC). This collaboration underscores One Point One Solutions' growing influence and commitment to delivering top-notch, customer-centric solutions.

New Partnership Details

The new client, a diversified financial services firm, focuses on product innovation and cutting-edge technology to meet the evolving needs of its customers. This NBFC leverages technology and data science to make lending processes quick, simple, and hassle-free. Its broad portfolio includes affordable home loans, personal loans, education loans, and SME business loans.

One Point One Solutions will support the NBFC by providing comprehensive customer care solutions. The services will include lead generation, expert guidance, efficient process handling, and product promotions. This partnership aims to streamline the NBFC’s client support operations and enhance its ability to deliver innovative financial products.

Scope of the Partnership

The collaboration is set to expand significantly, with plans to scale operations to accommodate up to 300 seats in the coming months. Additionally, the NBFC intends to incorporate collection processes into the scope of services offered by One Point One Solutions. This expansion highlights the mutual commitment to improving operational efficiency and customer satisfaction in the financial services sector.

One Point One Solutions is eager to embark on this partnership, anticipating new milestones in business process management and customer care excellence.

About One Point One Solutions Limited

Established in 2006, One Point One Solutions Limited is a full-stack provider in BPO, KPO, IT Services, Technology & Transformation, and Analytics. The company offers comprehensive solutions in technology, accounting, skill development, and analysis. In 2024, One Point One Solutions acquired a major stake in ITCube Solutions Pvt Ltd., an IT + BPM/KPO services company headquartered in Pune and Cincinnati, Ohio. ITCube Solutions, with over two decades of experience, serves clients across various sectors and has a robust presence in the USA, UK, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore, and Australia.

One Point One Solutions serves a diverse range of industries including Telecom & Broadcasting, Retail and E-commerce, Consumer Durables & FMCG, Banking and Finance, Travel & Hospitality, Insurance & Healthcare. The company operates six service centers located in Navi Mumbai, Gurgaon, Chennai, Bangalore, Indore, and Pune, with a capacity of over 5,600 seats per shift. This extensive infrastructure enables the company to handle a significant volume of clients efficiently.

The company’s services encompass Originations, Customer Services, Sales, Collections, Tech Helpdesk, Back Office, Accounting, Litigation, Recruitment, Design, Development, and Intelligence. Under the leadership of founder Akshay Chhabra, One Point One Solutions focuses on technology-driven innovation to build efficiencies and position itself as a leader in the BPM space.

Global Presence and Growth

One Point One Solutions has also expanded into global markets with its wholly-owned subsidiary, ONE POINT ONE USA INC, based in Delaware, USA. Since its listing in 2017, the company has built a robust portfolio of over 50 clients, including prominent players across various sectors.

[marketinsight1234]

360-degree panoramic camera Market Size and Share 2024 Industry Analysis by Future and Growth Forecast to 2032

360 Degree Panoramic Camera Market Size Was Valued at USD 144.33 Billion in 2023, and is Projected to Reach USD 1008.36 Billion by 2032, Growing at a CAGR of 24.11% From 2024-2032.

The market for 360-degree panoramic cameras has expanded dramatically in recent years due to the growing demand across a range of industries for immersive and interactive visual experiences. With their wide field of vision and ability to record a complete 360-degree panorama, these cameras are perfect for a variety of uses, including entertainment, security monitoring, virtual reality, and augmented reality.

Utilizing 360-degree cameras to produce immersive material, AR technologies and consumer devices as well as professional photography gear and industrial applications have all embraced this technology, which offers a flexible approach to take panoramic photos and films.

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Key Prominent Players In The 360 Degree Panoramic Camera Market:

Samsung, Nikon, Nokia, Bublcam, Teche, Ricoh, Canon, Sony, Panono, 360fly, GoPro, Insta360, LG Electronics, Kodak and other major players.

Market Segmentation Of 360 Degree Panoramic Camera Market:

This research study comprises a comprehensive assessment of the market through far-reaching qualitative and quantitative insights and predictions. This report offers a classification of the market into imminent and niche sectors. Furthermore, this research study calculates the market size and its development drift at global, regional, and country levels from 2023 to 2030. This report contains the market breakdown and its revenue estimation by classifying it on the basis of product type, sales channel sales, application, and region. :

By Type          

By Verticals   

By Region      

(US, Canada, Mexico)

(Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

(Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

(China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

(Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

(Brazil, Argentina, Rest of SA)

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The 360 Degree Panoramic Camera Market report provides a detailed analysis of global market size, regional and country market size, segmentation market growth, market share, competitive landscape, sales analysis, impact of national and global market players, optimization of the value chain, trade. regulations, recent developments, opportunity analysis, strategic market growth analysis, product launches, expanding area market

Key Points Covered In The 360 Degree Panoramic Camera Market Survey:

Table Of Content

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment

 3.1 By product type

 3.2 By verticals

Chapter 4: Market Landscape

 4.1 Porter's Five Forces Analysis

  4.1.1 Bargaining Power of Supplier

  4.1.2 Threat of New Entrants

  4.1.3 Threat of Substitutes

  4.1.4 Competitive Rivalry

  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics

  3.5.1 Drivers

  3.5.2 Restraints

  3.5.3 Opportunities

  3.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

 4.10 Analysis of the Impact of Covid-19

  4.10.1 Impact on the Overall Market

  4.10.2 Impact on the Supply Chain

  4.10.3 Impact on the Key Manufacturers

  4.10.4 Impact on the Pricing

Chapter 4: 360 Degree Panoramic Camera Market by product type

 4.1 360 Degree Panoramic Camera Market Overview Snapshot and Growth Engine

 4.2 360 Degree Panoramic Camera Market Overview

 4.3 Industria

  4.3.1 Introduction and Market Overview

  4.3.2 Historic and Forecasted Market Size (2016-2028F)

  4.3.3 Key Market Trends, Growth Factors and Opportunities

  4.3.4 Industria: Grographic Segmentation

 4.4 Commercial

  4.4.1 Introduction and Market Overview

  4.4.2 Historic and Forecasted Market Size (2016-2028F)

  4.4.3 Key Market Trends, Growth Factors and Opportunities

  4.4.4 Commercial: Grographic Segmentation

Chapter 5: 360 Degree Panoramic Camera Market by verticals

 5.1 360 Degree Panoramic Camera Market Overview Snapshot and Growth Engine

 5.2 360 Degree Panoramic Camera Market Overview

 5.3 Media & entertainment

  5.3.1 Introduction and Market Overview

  5.3.2 Historic and Forecasted Market Size (2016-2028F)

To Be Continued……

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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[marketdevelopment]

Inspection Drones Market: Forthcoming Trends and Share Analysis by 2030

Global Inspection Drones Market size is expected to grow from USD 12.3 Billion in 2023 to USD 47.88 Billion by 2032, at a CAGR of 16.3% during the forecast period (2024-2032)

Drones are well known for their application in aerial photography, but drones are also being utilized for inspection purposes. In many industries, the inspection process mostly consists of the use of ladders, ropes, and supplies to scale large machinery and towers oversee processes, and locate bottlenecks. Also, this type of inspection process is too unsafe for inspectors. To execute an effective and harmless inspection process, drone inspections are being accomplished in almost every industry that needs visual inspections as part of its maintenance procedures. Inspection drones receive visual data on the condition of an asset. Drone inspections help inspectors avoid having to place themselves in dangerous situations.

The drone inspection process is more well organized, closer monitoring and control, cost-effective, and safe that gives better, without interrupting other business operations. The drone inspection services for visual inspection offers benefits such as preventive maintenance planning and optimized production, access to areas that pose health, authorized and qualified UAV-inspection personnel, safety and environmental risk to humans, an inspection of areas difficult to access, quick on-site deployment of the drone inspection system, reduced downtime. The growing adoption of inspection drones in the industrial sector would accelerate the market growth during the forecast period.

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the Inspection Drones Market include:

DJI, MIR Innovation, Airwing,  MicroMultiCopter Aero Technology, Parrot, JYU, AEE, 3D Robotics, AscTec, XAIRCRAFT, Zero Tech, AeroVironment and other major key players. 

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

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Segmentation of Inspection Drones Market:

By Type

Transmitters & Receivers

Mainframe

Brushless Motors & ESC

Flight Controllers

By Application

Oil & Gas Pipeline Inspection

Critical Infrastructure Inspection

Power Line & Windmill Inspection

Border Security

Others

By End-User

Mining & Construction

Energy & Utilities

Oil, Gas & Petroleum

Military & Defense

Others

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Key Benefits of Inspection Drones Market Research: 

Research Report covers the Industry drivers, restraints, opportunities and challenges

Competitive landscape & strategies of leading key players

Potential & niche segments and regional analysis exhibiting promising growth covered in the study

Recent industry trends and market developments

Research provides historical, current, and projected market size & share, in terms of value

Market intelligence to enable effective decision making

Growth opportunities and trend analysis

Covid-19 Impact analysis and analysis to Inspection Drones market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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[wenickjones]

Mannan Oligosaccharide (MOS) Market Size and Share | Industry Report 2021-2024

Facto Market Insights recently published market research report on the Global Mannan Oligosaccharide (MOS) market to its collection of market research reports. The research report covers detailed analysis of market sizing and forecasting of the market covering the market drivers, challenges, opportunity analysis, and trends, along with various key insights in the global market. The research report also includes the analysis of regional manufacturers and new market players, covering all the information suitable for the clients to make strategic business decisions in the industry.

Free Sample Report + All Related Graphs & Charts @  

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The report covers PESTLE analysis and porter’s five forces analysis which demonstrates the five forces including buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global mannan oligosaccharide (MOS) market. In the study, the framework of porter's five forces analysis explains the method for analyzing the competition of the business covering the industry structure & the level of competition in the market. Along with this, the research report also covers the facts & figures related to the macroeconomic trends that are anticipated to impact the growth of the overall market.

In addition to this, the report also covers the section of competitive landscape of the global market, which includes the market share & positioning of all the leading players in the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new product development. A section of recent news & development has been added to the report which covers the latest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.

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The Following are the Key Features of Global Mannan Oligosaccharide (MOS) Market Report:

Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis

Growth Drivers and Barriers, Market Trends & Market Opportunities

Porter’s Five Forces Analysis & Trade Analysis

Market Forecast Analysis for 2020-2024

Market Segments by Geographies and Countries

Market Segment Trend and Forecast

Market Analysis and Recommendations

Price Analysis

Key Market Driving Factors

Mannan Oligosaccharide (MOS) Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

Market Segmentation:

The research offers a comprehensive analysis of global mannan oligosaccharide (MOS) market with respect to following sub-markets:

By Application

- Food - Animal Feed

Regional Insights:

The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, and Rest of Latin America)

- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)

Competitive Analysis

The central members of the market are recorded in this segment of the examination. It assists with understanding the strategies and unions that players focus on battling market competition. A fundamental infinitesimal glance at the market is given in the essential investigation. The significant players working in the global mannan oligosaccharide (MOS) market are:

- AngelYeast Co., Ltd. - Biofeed Technology Inc - Guangdong VTR Bio-Tech Co., Ltd. - Matrix Nutrition, LLC - Ohly GmbH - Orffa Additives B.V. - Zhuhai TXY Biotech Holding Co., Ltd.

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Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.

Our clients list includes various Fortune 500 companies and leading advisory firms.

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[bigyack-com]

Daniele Polito Joins Four Seasons Seoul as Boccalino’s Chef de Cuisine

The Four Seasons Hotel Seoul has appointed Daniele Polito as Chef de Cuisine at the hotel’s stylish Italian restaurant, Boccalino.

A seasoned chef with 20 years of industry experience, Daniele began his career in his hometown of Norcia, in the province of Perugia, before moving to the north of Italy to Varese and Verona where he worked in Michelin-star restaurants. Deniele's love for cooking comes from watching his grandparents cook farm-to-table for the family every weekend. Those early days inspired his own modern style based on those home-cooked Italian dishes. “I want our guests to leave happy, the tastes to be the same through all bites and the presentations as enjoyable for the eyes as for the mouth. The presentation will reflect the style of the restaurant – simple, colourful and almost playful, like the ingredients are in motion on the plate," Daniele said. See latest Travel News, Interviews, Podcasts and other news regarding: Four Seasons, Seoul, Chef. Headlines: SHOW DC Hall to Give Bangkok's MICE Industry a Significant Boost  IHG Signs First voco Hotel in New Zealand  OYO Signs Global Distribution Agreement with Sabre  Hong Kong Cancels Chinese New Year Carnival  NAC Orders 20 Airbus A220 Aircraft  IHG to Launch Customer Insights Portal for Large Enterprises  Cathay Pacific Reports December 2019 Traffic  Duetto Appoints David Woolenberg as CEO  Phuket to Host Thailand Travel Mart (TTM+) 2020 in June  Sabre and Accor to Create Unified Technology Platform for Hospitality Industry  Groupe Couleur to Manage RWC 2023 Official Travel Agent Selection Process  Two Senior Global Marketing Appointments at IHG  ANA Begins Autonomous Electric Bus Trial at Haneda Airport  China Airlines and Mandarin Airlines Cancel Flights to Wuhan, China  Rosa Wong Joins Hotel Alexandra HK as Director of Event Management  Four Seasons Madrid Now Accepting Reservations  UK Military Flight Training System Orders 4 More H145 Helicopters  Sabre Forges 10-Year Partnership with Google  Accor Expands Pullman Brand to Rotorua, New Zealand  Korean Air Reveals More Details of New SkyPass FFP  Airbus to Produce A321 Aircraft in Toulouse, France  Cornelia Mitlmeier Joins Four Seasons Dubai as Resort Manager  Hotel Alexandra Appoints Daniel Chan as Executive Chef  SITAOnAir Acquires GTD Air Services  Boeing Hoping for 737 MAX Ungrounding in Mid-2020  1.5 Billion Int. Tourist Arrivals in 2019; UNWTO Forecasts 4% Increase in 2020  Hong Kong Airport Handled 71.5 Million Passengers in 2019  Ascott Opens First Citadines in Osaka, Japan  Thai Airways Appoints New Chairman  Singapore Airshow Aviation Leadership Summit to Take Place 9-10 Feb  PATA Forecasts Over 971 Million Int. Visitor Arrivals into Asia Pacific by 2024  Green Light for Garmin G5000 Avionics Upgrade on Learjet Aircraft  Four Seasons Silicon Valley Installs High-Tech AI Gym in Select Rooms  Assistance Requests for Airline Pax with Intellectual Disabilities up 762%  Accor Opens Mercure Resort in Vung Tau, Vietnam  Vietjet Launches Flights Between Dalat and Seoul  FlyArystan Reports First Year Load Factor of 94%  Amadeus Looks at How Technology Will Shape Airports of the Future  CALC Signs Purchase Agreement for 40 A321neo Aircraft  Daniele Polito Joins Four Seasons Seoul as Boccalino's Chef de Cuisine  Charlotte Svensson to Join SAS as EVP and CIO  Airbus Helicopters Appoints Head of External Communications  Ascot: Pictures from Matchbook Clarence House Chase and Raceday 2020  Mövenpick Resort Opens in Cam Ranh, Vietnam  Sky Bridge Delivered to Final Position at HKIA  Airbus Performs First Fully Automatic Vision-Based Take-Off  Manchester Signs Tourism Collaboration Agreement with New York City  CWT Appoints Scott Hace as Vice President - Enterprise Strategy  United to Launch CRJ550 Shuttle Service Between Washington and New York  Perth Airport to Upgrade T1's Aerobridges  Thomas Krooswijk Appointed GM of Four Seasons Marrakech  American Appoints Brian Znotins as VP of Network and Schedule Planning  Pools - World Rugby Sevens Challenger Series in Chile 15-16 February  British Airways to Refresh First and Club Lounges at Chicago O'Hare Airport  Malaysia Airlines and Qatar Airways Expand Codeshare  Onyx Signs Second Amari Hotel in China  Air Canada's First Airbus A220-300 Enters Commercial Service  Hyatt Signs Regency Hotel in Kuala Lumpur, Malaysia  Bangkok to Host 30th Global Summit of Women in April  One Championship Appoints Jonathan Anastas as CMO  IHG Signs Deal for 1,200+ Rooms in Thailand; First Hotel in Chiang Mai  HK's Airport Authority Appoints Ricky Leung as Executive Director  Trenchard Makes Donation to Aerobility - The British Flying Charity  Chu Yuet Hung Joins Four Seasons Hangzhou as Director of F&B  Hong Kong Visitor Arrivals Down 14.2% in 2019  Hotel Ritz Madrid to be Rebranded by Mandarin Oriental  Sabre Appoints Karl Peterson as Chairman  Muralilal Armugum Joins Aloft KL Sentral as Director of F&B  Traxof to Automate Talent Acquisition of Airbus' IM Organisations  Vie Hotel Bangkok Selects Organika Products for Renovated Spa  Europ Assistance Opens Office in Bangkok, Thailand  Gulf Air Partners Etihad Guest  Team GB Selects British Airways as Official Airline for Tokyo 2020  Emirates Targets Chinese Travellers with Trip.com MOU  Thailand: Did Strength of Thai Baht Affect Number of Arrivals from UK in 2019?  AirAsia to Launch Flights Between Penang and Chengdu, China  Marriott Appoints Bart Buiring as Chief Sales and Marketing Officer APAC  Airbus' BelugaXL Enters Service  Vietjet Launches Flights from Can Tho to Taipei and Seoul  Air New Zealand's Chief People Officer Resigns  Whitbread Installs Defibrillators in 800 Premier Inn Hotels  Air France Invites Customers to Vote for Preferred Carbon Offsetting Project  Calhoun Becomes President and CEO of Boeing  Accor to Take Over 581-Room Hotel in Rayong, Thailand  Travelport Appoints John Elieson as COO  Full Roll-Out of myCWT China to Commence in Q2 2020  Terry Kavieris Returns to Bali as RM of InterContinental Bali  Eaton Hotel in Hong Kong Earns EarthCheck Gold Status  Mandarin Oriental Launches Tea Roasting Experience in Taipei  Chubb Partners Grab to Launch In-App Travel Insurance in Singapore  Steady Growth Forecast for Mainland China Hotel Markets in 2020  Artyzen Hospitality Signs Habitat Hotel in Yubei, China  Pictures from Ascot United vs Colliers Wood United on 11 January  What Does TAT Have Planned for Thailand Travel Mart (TTM+) 2020? Exclusive Interview  Aviation: Stable Passenger Demand Growth in November  CWT Appoints Dale Eastlund as VP Supply Chain Partners  Dassault Falcon to Hold M&O Seminars in 8 Cities Around the World  Expat in Phuket Donates Two SV14 Dinghies to Disabled Sailing Thailand  Bangkok to Host Asia Destination Film Forum on 30 January  Wizz Air Becomes First in Europe to Deploy SITAOnAir's ACARS Over IP Service  Airbus to Increase Aircraft Production in USA  Sanlorenzo Appoints Simpson Marine as Distributor for Bluegame Yachts in Asia  Global Air Freight Demand Down 1.1% in November 2019; APAC Down 3.7%  IHG Expands Thailand Portfolio with Holiday Inn and Suites Siracha Laemchabang  Asia Pacific Airlines Flew 30.3 Million Int. Passengers in November 2019  SilkAir to Cease Flights to Kolkata, India  Biman Bangladesh Airlines Launches Flights to Manchester, England  EmbraerX and Elroy Air to Collaborate on Unmanned Air Cargo  FCM Strengthens Innovation Programme with Shep Investment  Artotel Appoints Yulia Maria as Group Director of Marketing Communications  Japan, Singapore, S. Korea and Germany Have World's Most Powerful Passports  Yangon Int. Airport Implements SITA's Airport Management Solution  Air France to Launch Twice-Daily Flights Between Paris-Orly and Munich, Germany  ANA to Enhance Service at Airports in Japan with Portable Translators  Yvette Thomas-Henry Appointed GM of Four Seasons Resort Nevis  Hahn Air Enters 2020 with 40 New Partner Airlines  CWTSatoTravel Partners US Military's Spouse Employment Programme  My Emirates Pass Gives Passengers Special Discounts in UAE  Visitors to Singapore Must Now Register Unmanned Aircraft  India's Vistara Airline Appoints APG as Online GSA in France  BOC Aviation Orders 20 Airbus A320neos  China Airlines to Launch Direct Flights to Chiang Mai, Thailand  Green Light for Vietnam Airlines to Expand Codeshare Agreement with Delta  All Hi Fly Flights Now Single-Use Plastic Free  Air India Renews Distribution Agreement with Amadeus  Mandy Goh Joins St. Regis Langkawi as Executive Chef  Spirit Airlines Signs Purchase Agreement for 100 Airbus A320neo Aircraft  Hamad Int. Airport Served Record 38,786,422 Pax in 2019  British Airways Starts Offsetting Carbon Emissions on All Flights Within UK  Marriott Opens Second JW on Hainan Island, China  Airbus Partners Aston Martin for Special Edition Helicopter  Dassault Aviation Appoints Charles Wemaëre as VP Worldwide Spares  Boeing Appoints Niel Golightly as SVP of Communications  Jayson Goldstein Joins Four Seasons Boston as F&B Director  Vietjet Takes Delivery of Two More Airbus Aircraft  Two Executive Appointments at Bombardier Aviation  Air India No Longer Available on Sabre GDS  Thailand Targets Tourism Revenue of 3.18 Trillion Baht in 2020  Pictures from Ascot United vs Banstead Athletic on 4 Jan 2020  Gen Z - Airbnb's Fastest Growing Market for Experiences in Asia Pacific  Air Canada Takes Delivery of First Airbus A220-300  AirAsia Launches Flights Between Kuala Lumpur and Dalat, Vietnam  Cebu Pacific Orders 15 Airbus Aircraft, Including Up To 10 A321XLRs  American Airlines and Royal Air Maroc to Codeshare  New Immigration Requirements to Help Solomon Islands Fight Measles  Vietjet Launches Danang - Singapore Flights  American Express GBT Forecasts Stable Air Prices in 2020  Etihad and Kuwait Airways to Codeshare  PAG and Inmark Purchase Grand Hyatt Seoul  British Airways and Iberia Achieve IATA NDC @Scale Certification  Seaplanes in Thailand? Interview with Dennis Keller, CBO of Siam Seaplane  Seven HD Videos from IATA Airline Industry Retailing Symposium 2019 in Bangkok  Vietnam Airlines Signs EngineWise Service Agreement with Pratt & Whitney  Future of Airline Distribution and NDC - Interview with Yanik Hoyles, IATA  Cambodia Airways Interview with Lucian Hsing, Commercial Director  HD Videos and Interviews  Podcasts from HD Video Interviews  Travel Trade Shows in 2019, 2020 and 2021  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News  Read the full article

[greatlobbyis123]

Tech News Websites in UAE | Great Lobbyist Stay up-to-date with the latest technology news in the UAE with Great Lobbyist. Our tech news website offers comprehensive coverage of the latest trends, gadgets, and innovations in the tech industry. Get exclusive insights, expert analysis, and breaking news delivered straight to your screen. Don't miss out on any tech updates - visit Great Lobbyist today! : https://greatlobbyist.com/type/news/

[forblogmostly]

One Point One Solutions Ltd. Secures Major Clients in the Energy and Utility Sector

One Point One Solutions Limited, a renowned leader in technology-enabled business process management (BPM) services, has announced a significant new client partnership within the Energy and Utility industry. This collaboration is with one of India’s largest and most esteemed integrated power companies, marking a major milestone for One Point One Solutions.

About the New Client Partnership

The new client, a key player in India’s largest conglomerate, is a prominent Indian electric utility and electricity generation company based in Mumbai. Known for its pioneering technology adoption and a century-long legacy of innovation, the company has been instrumental in advancing India’s energy independence. It holds a distinguished position among the top private players across various sectors of the value chain, including solar rooftop installations and value-added services. With a strong focus on technology, process, and platform excellence, the company is committed to driving green initiatives and delivering world-class safety processes, project execution, and customer care.

Scope of Business

In response to the growing demand for its innovative products and services, the energy and utility giant has engaged One Point One Solutions to provide comprehensive back-office services for revenue recovery and assurance. These services will include data collection, inbound and outbound services, onboarding of new customers, and other essential process support. The partnership aims to enhance operational efficiency and customer satisfaction by optimizing support operations and delivering exceptional customer service.

By leveraging the combined strengths of both organizations, this collaboration is set to elevate operational efficiency and customer satisfaction within the utility sector. One Point One Solutions is excited to contribute to this mission and anticipates achieving new milestones in business process management and customer service excellence.

About One Point One Solutions Ltd.

One Point One Solutions Ltd., formerly known as One Point One Solutions Pvt. Limited, is a full-stack player in BPO, KPO, IT Services, Technology & Transformation, and Analytics. Established in 2006, the company offers a wide range of solutions in technology, accounting, skill development, and analysis. In 2024, One Point One Solutions acquired a major stake in ITCube Solutions Pvt. Ltd., an IT + BPM/KPO services company headquartered in Pune and Cincinnati, Ohio. ITCube Solutions, with over two decades of experience, serves clients across various sectors and has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore, and Australia.

One Point One Solutions serves a diverse array of industries, including Telecom & Broadcasting, Retail and E-commerce, Consumer Durables & FMCG, Banking and Finance, Travel & Hospitality, Insurance & Healthcare. With six service centers located across Navi Mumbai, Gurgaon, Chennai, Bangalore, Indore, and Pune, and over 5,600 seats per shift, the company is well-equipped to handle a significant volume of clients. Their services encompass Originations, Customer Services, Sales, Collections, Tech Helpdesk, Back Office, Accounting, Litigation, Recruitment, Design, Development, Intelligence, and more.

Under the leadership of founder Akshay Chhabra, One Point One Solutions focuses on technology-driven innovation to build efficiencies and position the company as a leader in the BPM space. The company has also expanded into global markets with its wholly-owned subsidiary, ONE POINT ONE USA INC, in Delaware, USA. Since its listing in 2017, the brand has built a robust portfolio with over 50 prominent clients across various verticals.

[marketinsight1234]

Carotenoids Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2023 to 2030

The Carotenoids market was valued at USD 1.63 billion in 2021 and is expected to reach USD 2.19 billion by the year 2028, at a CAGR of 4.3%.

The carotenoids market encompasses a wide range of industries, from food and beverages to pharmaceuticals and cosmetics. Carotenoids are natural pigments responsible for the vibrant colors seen in many fruits and vegetables, and they also have antioxidant properties that offer various health benefits. The food and beverage industry is a significant consumer of carotenoids, using them as natural colorants to enhance the visual appeal of products. They are added to a variety of food items, including juices, dairy products, snacks, and confectionery, to impart shades of red, orange, and yellow. With consumers increasingly favoring natural ingredients over synthetic ones, the demand for carotenoids in this sector is expected to remain strong.

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Leading players involved in the Carotenoids Market include:

Allied Biotech, BASF SE, Dohler GmbH, FMC Corporation, Sensient Technologies, Chr Hansen Holdings A/S, Kemin Industries, Algatech Tech, Novus International Inc., DDW The Color House, Lycored Ltd, Fuji Chemical Industry Co. Ltd., E.I.D. Parry, Divi's Laboratories, Farbest Brands, Deinove SAS and others Major Players. 

Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

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Segmentation of Carotenoids Market:

By Type

Astaxanthin

Beta-Carotene

Canthaxanthin

Capsanthin

Others

By Source

Synthetic

Natural

By Application

Animal Feed

Food & Beverages

Personal Care & Cosmetics

Dietary Supplements

Pharmaceuticals

An in-depth study of the Carotenoids industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons for Acquiring this Report:

1. Strategic Decision-Making for Government Leaders and Politicians:

Gain insights into the global Carotenoids Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.

2. Informed Decision-Making for Professionals and Product Developers:

Access a detailed breakdown of the Carotenoids Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.

3. Strategic Planning for Sales Managers and Market Stakeholders:

Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.

4. Comprehensive Understanding for Executives:

Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.

5. Competitive Intelligence:

Obtain a detailed analysis of competitors and their key tactics in the Carotenoids Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.

6. Accurate Business Forecasting:

Evaluate the accuracy of global Carotenoids Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.

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[market-research-future]

Labyrinthitis Market Growth, Trends, Applications and Types Till 2023

Global Labyrinthitis Market Players

Some of the key players profiled in the report are Merck & Co., Inc., Sanofi S.A., Teva Pharmaceutical Industries Ltd., Mylan N.V., Eli Lilly and Company, Sun Pharmaceutical Industries Ltd., Shandong Taihua Bio &Tech Co., Cipla Inc., and others.

Labyrinthitis Market Segmentation

The global labyrinthitis market growth has been segmented on the basis of types, diagnosis, treatment, and end user.

Based on the treatment, the market has been segmented as antihistaminics and antiemetics, antibiotics, corticosteroids, and others.

Based on the end user, the market has been segmented as hospitals & clinics, academic and research, and others.

Based on the types, the market has been segmented as autoimmune labyrinthitis, infective labyrinthitis, and other.

Based on the diagnosis, the market has been segmented as physical examination, blood test, magnetic resonance imaging and computed tomography, electroencephalogram (EEG) and electronystagmography (ENG) and others.

Labyrinthitis Market Highlights

The other market constrains are high cost of treatment and their side effects. Market expansion and ample of unmet needs in developing regions of the world such as China and India drive the market growth. The market is expected to witness a sound growth over the review period owing to developing diagnostic facilities.

Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/4623

Labyrinthitis also known as vestibular neuritis is an inflammation of the inner ear or the nerves that connect the inner ear to the brain. The developments in the surgery segment such as minimal invasive laparoscopy surgery is driving the global labyrinthitis market Growth. The drug segment is, however, suffering from market fragmentation, which has put pressure on the price margins. The loss of patents and the rise of counterfeited drugs has also restricted the market growth.

Increasing geriatric population, growing screening, rising awareness, and growing income are the major drivers of this market. On the other hand, hormonal treatment controversy, high cost and complications of the therapy such as side effects of drug treatment and misdiagnosis low healthcare expenditure in developing regions, etc.

The exact causes of the disease is unknown but triggers include infection by measles, mumps, trauma, autoimmune, etc. If left untreated, it may result in hearing loss, speech problems, double vision, abnormal gait, dizziness, nystagmus (rapid and undesired eye motion), vertigo, ringing in the ears, etc.

Better product development leads to the market growth since available drug have varied side effects as well they are expensive. Thus, the development of selective antibiotics projected to boost the growth of the market. However, cost of the product will be a decisive factor in the developing regions such as Asia Pacific and Africa. Growing geriatric population and rising per capita income drive the demand for labyrinthitis treatment market.

Labyrinthitis Market Regional Analysis

Europe is the second largest market in the world due to high income and strong healthcare penetration. The European market growth is led by countries such as Germany and France. The UK is expected to be the fastest growing market over the assessment period. However, the southern European nations have witnessed a greater incidence of infective labyrinthitis due to associated environmental conditional. The strong pharmaceutical industry in Germany is a strong driver behind the dominance of this country in Europe.

The Americas accounts for a significant market share owing to high expenditure on the health care. Additionally, the fastest uptake of new diagnostics and drugs in the US drives the labyrinthitis market. Furthermore, concentration of the major healthcare companies and large hospitals in the developed countries of this region coupled with large insurance penetration is adding fuel to the market growth. Moreover, the US expend high amount on healthcare in 2015, which accounted for 16% of total GDP that also increases the sale in labyrinthitis market.

Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to the fast growing healthcare sector and large unmet needs over the forecast period. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare insurance in the Asia Pacific region is expected to drive the future labyrinthitis market in the region.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt, and Iran. The African region is expected to witness a moderate growth owing to poor economic and political conditions, and poor healthcare development. However the poor countries and developing regions have the greatest unmet needs, which needs to be tapped.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Labyrinthitis Market” Research Report – Forecast till 2023.

Brows More Healthcare Related Research Reports:

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Ultra-Low Temperature Freezers Market by Type, Size, Growth and Analysis – 2024 | MRFR

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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[teiraymondmccoy78]

Blockchain revolution rolls on despite cryptocurrency crash

Blockchain revolution rolls on despite cryptocurrency crash

LONDON: It was the year cryptocurrencies fell to earth — the crash has been so severe that parallels have been drawn with the dotcom bust at the turn of the millennium. Bitcoin is down 80 percent from just under $20,000 12 months ago to about $3,500 in December. Similar falls have been recorded by other cryptos such as ethereum. The reasons for the bust are well rehearsed: Increased regulatory oversight, especially from the US and China, the emergence of scams linked to a proliferation of cryptocurrencies launched via initial coin offerings (ICOs), and disagreements among cryptocurrency’s developers about how to update the underlying software. But interviewees told Arab News that the market would recover and that, just as the dotcom boom went on to produce Amazon, so the world of cryptocurrencies shouldn’t be written off. Dubai-based entrepreneur and investor, Najam Kidwai, a board-adviser to Fusion.org, a not-for-profit foundation that aims to develop blockchain infrastructure for cryptofinance, told Arab News that all innovations needed time to mature and cryptocurrencies were no different. He added: “Change needs to be regulated, but if you are doing everything above board, new technology should enhance the user experience, that’s the idea of technology — to make life easier.” In the interim, he predicted, institutional money will flow into “the crypto space,” even as retail investors take fright. Banks and hedge funds had been looking at cryptocurrencies, and building risk and compliance infrastructure to support trading, he said. Chris Beauchamp, senior market analyst at London-based IG Group told Arab News: “They (cryptocurrencies) aren’t doomed, they’re just not going to change the world overnight. Bitcoin still has the heft to remain part of the financial world, but others will probably fade or evolve over time, like the airlines and car firms of old.” Despite the cryptocurrency crash, most observers agree that blockchain, the technology that underpins the new tokens, will continue to spur public and private investment, and perhaps nowhere more so than in the Gulf. Here, there have been some major developments in 2018. Abu Dhabi-headquartered Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million; Abu Dhabi National Oil Company (ADNOC) is collaborating with IBM to pilot a blockchain supply chain system; and KSA’s central bank has signed an agreement with US fintech company Ripple to run a pilot project to help banks settle payments using blockchain. Kidwai said: “Cities like Dubai have bet very heavily on blockchain. A lot of proof of concept work is going on as Dubai wants paperless government, so there is an initiative here called Smart Dubai, driven by the ruler of Dubai. There is a desire for transparency and speed in government.” At its heart, blockchain is a relatively straightforward concept. It’s a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers. This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information can’t be changed. Gartner analyst Rajesh Kandaswamy told Arab News that even though speculators had poured billions into cryptocurrencies, that didn’t “invalidate the underlying blockchain technology”. “Blockchain could allow various parties in a supply chain to interact without a middleman — and for all records to be secured in one place. That allows for further streamlining, more efficiency and cost reductions,” said Kandaswamy. Abdul Nasser Al Mughairbi, digital unit manager for Abu Dhabi National Oil Company (ADNOC) said that blockchain would “enhance our business processes with a shared, secure and transparent ledger. “Blockchain is helping us track, irrefutably, every molecule of oil, and its value, from the well to the final customer,” he said in an emailed response to questions from Arab News. He added: “Every day there are large and complex production and accounting transactions among all of our businesses…that need to be accounted for. Until now this has been a laborious process but the blockchain application we have developed is streamlining this in one platform.” Operating costs could be cut via “eliminating time-consuming and labor-intensive processes.” Blockchain would be a game-changer in oil and gas transactions, he said.

——-

GCC SEEKS GLOBAL BLOCKCHAIN STATUS

GCC states are spearheading developments in blockchain to underline their efforts to become a global tech hub that links trade and finance between East and West. Saudi Arabia, Bahrain and Kuwait have announced a number of initiatives adding to the blockchain buzz humming around the entire Arabian Peninsula. The UAE and KSA have launched a proof of concept (PoC) for experimenting with blockchain to help cross-border payments between the two countries.

Just this month, UAE Exchange and US start-up Ripple said they planned to launch cross-border remittances to Asia via blockchain from the first quarter of 2019. Dubai has long sought to cement its position at the heart of a trading superhighway that connects China, Africa, Europe and the United States.

It has even talked about launching its own digital currency to oil the wheels of world trade even as the US/China tit-for-tat tariffs war continues. Dubai is already home to a bitcoin exchange, BitOasis, and other start-ups and accelerators devoted to blockchain are springing up, as well. 

Dubai’s Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum has said he wants all government documentation — such as visa applications, bill payments and licence renewals — to be transacted digitally using blockchain by 2020. In a recent report, Ahmed Bin Sulayem, chairman of the Dubai Multi-Commodity Centre (DMCC), said: “Trade and trade finance will be revolutionised by blockchain and other emerging technologies.”

——-

Despite a huge increase in embryonic and pilot projects involving blockchain, Gartner’s Kandaswamy said to his knowledge there had been “very few large-scale investments” in blockchain by enterprises. True, blockchain had been the number one search term when people looked at the Gartner website. But inquiries were more about curiosity surrounding the technology and “not about allocating capital.” He added: “Our clients are struggling to see where blockchain would make sense in their business. When I did a webinar last year, firms were saying ‘lack of business case’ was the number one issue. They wanted to know how blockchain could do things better than other technologies already out there.” However, he said that there were some unique selling points emerging with blockchain. For example: The ability of different parties in an ecosystem to have the same sense of proof, data held at a single point that couldn’t be tampered with. Certainly, blockchain doesn’t look like going away anytime soon. Walmart recently became one of the first retailers to explain how it will be using the technology. The company said it would require lettuce suppliers to upload data about their foods to blockchain within a year. Large firms such as Accenture, Facebook, Google, IBM and Microsoft are developing patented products and services based on blockchain’s digital-ledger open-source technology. Last month, Amazon said that it would offer blockchain for developers using its cloud-computing services. The global market for blockchain-related products and services is about $700 million and is projected to exceed $60 billion annually in 2024, according to Wintergreen Research. IBM and Microsoft have been leading global blockchain development projects in 2018, according to Wintergreen. Kandaswamy said a distinction should be made between a public blockchain system and a private one. The latter was for internal business processes, such as IBM’s application enabling location and tracking of maritime shipments. The larger battlefield centered on public blockchain. For these public exchanges used for the likes of bitcoin, there was still work to be done following a number of hacking incidents in 2018. Kidwai said custodial issues were “the biggest thing holding back cryptocurrencies — i.e. making sure that my crypto or bitcoin isn’t going to be stolen.” Solutions to the problems were pending but not that far away, he said, perhaps no more than 12 months out. Once the custodial issues were solved, “institutional capital would flow, if not gush into this space,” he said. As with the Internet, blockchain technology will catch on — “and like the Internet, in a very big way,” said Kidwai.

Source link http://bit.ly/2CvdVII

[courtneyvbrooks87]

Blockchain revolution rolls on despite cryptocurrency crash

Blockchain revolution rolls on despite cryptocurrency crash

LONDON: It was the year cryptocurrencies fell to earth — the crash has been so severe that parallels have been drawn with the dotcom bust at the turn of the millennium. Bitcoin is down 80 percent from just under $20,000 12 months ago to about $3,500 in December. Similar falls have been recorded by other cryptos such as ethereum. The reasons for the bust are well rehearsed: Increased regulatory oversight, especially from the US and China, the emergence of scams linked to a proliferation of cryptocurrencies launched via initial coin offerings (ICOs), and disagreements among cryptocurrency’s developers about how to update the underlying software. But interviewees told Arab News that the market would recover and that, just as the dotcom boom went on to produce Amazon, so the world of cryptocurrencies shouldn’t be written off. Dubai-based entrepreneur and investor, Najam Kidwai, a board-adviser to Fusion.org, a not-for-profit foundation that aims to develop blockchain infrastructure for cryptofinance, told Arab News that all innovations needed time to mature and cryptocurrencies were no different. He added: “Change needs to be regulated, but if you are doing everything above board, new technology should enhance the user experience, that’s the idea of technology — to make life easier.” In the interim, he predicted, institutional money will flow into “the crypto space,” even as retail investors take fright. Banks and hedge funds had been looking at cryptocurrencies, and building risk and compliance infrastructure to support trading, he said. Chris Beauchamp, senior market analyst at London-based IG Group told Arab News: “They (cryptocurrencies) aren’t doomed, they’re just not going to change the world overnight. Bitcoin still has the heft to remain part of the financial world, but others will probably fade or evolve over time, like the airlines and car firms of old.” Despite the cryptocurrency crash, most observers agree that blockchain, the technology that underpins the new tokens, will continue to spur public and private investment, and perhaps nowhere more so than in the Gulf. Here, there have been some major developments in 2018. Abu Dhabi-headquartered Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million; Abu Dhabi National Oil Company (ADNOC) is collaborating with IBM to pilot a blockchain supply chain system; and KSA’s central bank has signed an agreement with US fintech company Ripple to run a pilot project to help banks settle payments using blockchain. Kidwai said: “Cities like Dubai have bet very heavily on blockchain. A lot of proof of concept work is going on as Dubai wants paperless government, so there is an initiative here called Smart Dubai, driven by the ruler of Dubai. There is a desire for transparency and speed in government.” At its heart, blockchain is a relatively straightforward concept. It’s a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers. This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information can’t be changed. Gartner analyst Rajesh Kandaswamy told Arab News that even though speculators had poured billions into cryptocurrencies, that didn’t “invalidate the underlying blockchain technology”. “Blockchain could allow various parties in a supply chain to interact without a middleman — and for all records to be secured in one place. That allows for further streamlining, more efficiency and cost reductions,” said Kandaswamy. Abdul Nasser Al Mughairbi, digital unit manager for Abu Dhabi National Oil Company (ADNOC) said that blockchain would “enhance our business processes with a shared, secure and transparent ledger. “Blockchain is helping us track, irrefutably, every molecule of oil, and its value, from the well to the final customer,” he said in an emailed response to questions from Arab News. He added: “Every day there are large and complex production and accounting transactions among all of our businesses…that need to be accounted for. Until now this has been a laborious process but the blockchain application we have developed is streamlining this in one platform.” Operating costs could be cut via “eliminating time-consuming and labor-intensive processes.” Blockchain would be a game-changer in oil and gas transactions, he said.

——-

GCC SEEKS GLOBAL BLOCKCHAIN STATUS

GCC states are spearheading developments in blockchain to underline their efforts to become a global tech hub that links trade and finance between East and West. Saudi Arabia, Bahrain and Kuwait have announced a number of initiatives adding to the blockchain buzz humming around the entire Arabian Peninsula. The UAE and KSA have launched a proof of concept (PoC) for experimenting with blockchain to help cross-border payments between the two countries.

Just this month, UAE Exchange and US start-up Ripple said they planned to launch cross-border remittances to Asia via blockchain from the first quarter of 2019. Dubai has long sought to cement its position at the heart of a trading superhighway that connects China, Africa, Europe and the United States.

It has even talked about launching its own digital currency to oil the wheels of world trade even as the US/China tit-for-tat tariffs war continues. Dubai is already home to a bitcoin exchange, BitOasis, and other start-ups and accelerators devoted to blockchain are springing up, as well. 

Dubai’s Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum has said he wants all government documentation — such as visa applications, bill payments and licence renewals — to be transacted digitally using blockchain by 2020. In a recent report, Ahmed Bin Sulayem, chairman of the Dubai Multi-Commodity Centre (DMCC), said: “Trade and trade finance will be revolutionised by blockchain and other emerging technologies.”

——-

Despite a huge increase in embryonic and pilot projects involving blockchain, Gartner’s Kandaswamy said to his knowledge there had been “very few large-scale investments” in blockchain by enterprises. True, blockchain had been the number one search term when people looked at the Gartner website. But inquiries were more about curiosity surrounding the technology and “not about allocating capital.” He added: “Our clients are struggling to see where blockchain would make sense in their business. When I did a webinar last year, firms were saying ‘lack of business case’ was the number one issue. They wanted to know how blockchain could do things better than other technologies already out there.” However, he said that there were some unique selling points emerging with blockchain. For example: The ability of different parties in an ecosystem to have the same sense of proof, data held at a single point that couldn’t be tampered with. Certainly, blockchain doesn’t look like going away anytime soon. Walmart recently became one of the first retailers to explain how it will be using the technology. The company said it would require lettuce suppliers to upload data about their foods to blockchain within a year. Large firms such as Accenture, Facebook, Google, IBM and Microsoft are developing patented products and services based on blockchain’s digital-ledger open-source technology. Last month, Amazon said that it would offer blockchain for developers using its cloud-computing services. The global market for blockchain-related products and services is about $700 million and is projected to exceed $60 billion annually in 2024, according to Wintergreen Research. IBM and Microsoft have been leading global blockchain development projects in 2018, according to Wintergreen. Kandaswamy said a distinction should be made between a public blockchain system and a private one. The latter was for internal business processes, such as IBM’s application enabling location and tracking of maritime shipments. The larger battlefield centered on public blockchain. For these public exchanges used for the likes of bitcoin, there was still work to be done following a number of hacking incidents in 2018. Kidwai said custodial issues were “the biggest thing holding back cryptocurrencies — i.e. making sure that my crypto or bitcoin isn’t going to be stolen.” Solutions to the problems were pending but not that far away, he said, perhaps no more than 12 months out. Once the custodial issues were solved, “institutional capital would flow, if not gush into this space,” he said. As with the Internet, blockchain technology will catch on — “and like the Internet, in a very big way,” said Kidwai.

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[wenickjones]

Povidone-iodine (PVP-I) Market Outlook 2026: Top Companies, Trends and Growth Factors Details for Business Development

The Global Povidone-iodine (PVP-I) Market 2021-2026 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The povidone-iodine (PVP-I) market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to-date review of the present global market scenario, the newest developments and drivers, and therefore the overall market environment is given within the study.

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By Application - Medical & Healthcare - Food & Beverage - Aquaculture - Household

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- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)

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- Adani Pharmachem Pvt Ltd. - Ashland Inc. - BASF SE - Boai NKY Pharmaceuticals Ltd. - Eskay Iodine Pvt. Ltd. - Glide Chem Private Limited - Hainan Nanhang Pharmaceutical Co., Ltd. - Huzhou Sunflower Pharmaceutical Co., Ltd. - Marcus Research Laboratories Inc. - Shanghai Yuking Water Soluble Material Tech Co., Ltd. - Union Quimico Farmacéutica, S.A. - Zen Chemicals Pvt. Ltd.

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[bigyack-com]

CALC Signs Purchase Agreement for 40 A321neo Aircraft

China Aircraft Leasing Group (CALC) has reached an agreement with Airbus on its remaining backlog, and ordered an additional 40 A321neo aircraft. The deal also includes a conversion of 15 of its existing A320neo backlog into A321neos.

Together with a previous order for 11 A321neos, CALC’s total order for the A321neo type rises to 66. To date, from CALC’s total order for 252 A320 Family aircraft, 87 have been delivered, of which one is an A321neo. The A321neo is the largest member of the A320 Family, seating up to 240 passengers. The aircraft has a range of 7,400 km. See latest Travel News, Interviews, Podcasts and other news regarding: CALC, Airbus, A321neo. Headlines: SHOW DC Hall to Give Bangkok's MICE Industry a Significant Boost  IHG Signs First voco Hotel in New Zealand  OYO Signs Global Distribution Agreement with Sabre  Hong Kong Cancels Chinese New Year Carnival  NAC Orders 20 Airbus A220 Aircraft  IHG to Launch Customer Insights Portal for Large Enterprises  Cathay Pacific Reports December 2019 Traffic  Duetto Appoints David Woolenberg as CEO  Phuket to Host Thailand Travel Mart (TTM+) 2020 in June  Sabre and Accor to Create Unified Technology Platform for Hospitality Industry  Groupe Couleur to Manage RWC 2023 Official Travel Agent Selection Process  Two Senior Global Marketing Appointments at IHG  ANA Begins Autonomous Electric Bus Trial at Haneda Airport  China Airlines and Mandarin Airlines Cancel Flights to Wuhan, China  Rosa Wong Joins Hotel Alexandra HK as Director of Event Management  Four Seasons Madrid Now Accepting Reservations  UK Military Flight Training System Orders 4 More H145 Helicopters  Sabre Forges 10-Year Partnership with Google  Accor Expands Pullman Brand to Rotorua, New Zealand  Korean Air Reveals More Details of New SkyPass FFP  Airbus to Produce A321 Aircraft in Toulouse, France  Cornelia Mitlmeier Joins Four Seasons Dubai as Resort Manager  Hotel Alexandra Appoints Daniel Chan as Executive Chef  SITAOnAir Acquires GTD Air Services  Boeing Hoping for 737 MAX Ungrounding in Mid-2020  1.5 Billion Int. Tourist Arrivals in 2019; UNWTO Forecasts 4% Increase in 2020  Hong Kong Airport Handled 71.5 Million Passengers in 2019  Ascott Opens First Citadines in Osaka, Japan  Thai Airways Appoints New Chairman  Singapore Airshow Aviation Leadership Summit to Take Place 9-10 Feb  PATA Forecasts Over 971 Million Int. Visitor Arrivals into Asia Pacific by 2024  Green Light for Garmin G5000 Avionics Upgrade on Learjet Aircraft  Four Seasons Silicon Valley Installs High-Tech AI Gym in Select Rooms  Assistance Requests for Airline Pax with Intellectual Disabilities up 762%  Accor Opens Mercure Resort in Vung Tau, Vietnam  Vietjet Launches Flights Between Dalat and Seoul  FlyArystan Reports First Year Load Factor of 94%  Amadeus Looks at How Technology Will Shape Airports of the Future  CALC Signs Purchase Agreement for 40 A321neo Aircraft  Daniele Polito Joins Four Seasons Seoul as Boccalino's Chef de Cuisine  Charlotte Svensson to Join SAS as EVP and CIO  Airbus Helicopters Appoints Head of External Communications  Ascot: Pictures from Matchbook Clarence House Chase and Raceday 2020  Mövenpick Resort Opens in Cam Ranh, Vietnam  Sky Bridge Delivered to Final Position at HKIA  Airbus Performs First Fully Automatic Vision-Based Take-Off  Manchester Signs Tourism Collaboration Agreement with New York City  CWT Appoints Scott Hace as Vice President - Enterprise Strategy  United to Launch CRJ550 Shuttle Service Between Washington and New York  Perth Airport to Upgrade T1's Aerobridges  Thomas Krooswijk Appointed GM of Four Seasons Marrakech  American Appoints Brian Znotins as VP of Network and Schedule Planning  Pools - World Rugby Sevens Challenger Series in Chile 15-16 February  British Airways to Refresh First and Club Lounges at Chicago O'Hare Airport  Malaysia Airlines and Qatar Airways Expand Codeshare  Onyx Signs Second Amari Hotel in China  Air Canada's First Airbus A220-300 Enters Commercial Service  Hyatt Signs Regency Hotel in Kuala Lumpur, Malaysia  Bangkok to Host 30th Global Summit of Women in April  One Championship Appoints Jonathan Anastas as CMO  IHG Signs Deal for 1,200+ Rooms in Thailand; First Hotel in Chiang Mai  HK's Airport Authority Appoints Ricky Leung as Executive Director  Trenchard Makes Donation to Aerobility - The British Flying Charity  Chu Yuet Hung Joins Four Seasons Hangzhou as Director of F&B  Hong Kong Visitor Arrivals Down 14.2% in 2019  Hotel Ritz Madrid to be Rebranded by Mandarin Oriental  Sabre Appoints Karl Peterson as Chairman  Muralilal Armugum Joins Aloft KL Sentral as Director of F&B  Traxof to Automate Talent Acquisition of Airbus' IM Organisations  Vie Hotel Bangkok Selects Organika Products for Renovated Spa  Europ Assistance Opens Office in Bangkok, Thailand  Gulf Air Partners Etihad Guest  Team GB Selects British Airways as Official Airline for Tokyo 2020  Emirates Targets Chinese Travellers with Trip.com MOU  Thailand: Did Strength of Thai Baht Affect Number of Arrivals from UK in 2019?  AirAsia to Launch Flights Between Penang and Chengdu, China  Marriott Appoints Bart Buiring as Chief Sales and Marketing Officer APAC  Airbus' BelugaXL Enters Service  Vietjet Launches Flights from Can Tho to Taipei and Seoul  Air New Zealand's Chief People Officer Resigns  Whitbread Installs Defibrillators in 800 Premier Inn Hotels  Air France Invites Customers to Vote for Preferred Carbon Offsetting Project  Calhoun Becomes President and CEO of Boeing  Accor to Take Over 581-Room Hotel in Rayong, Thailand  Travelport Appoints John Elieson as COO  Full Roll-Out of myCWT China to Commence in Q2 2020  Terry Kavieris Returns to Bali as RM of InterContinental Bali  Eaton Hotel in Hong Kong Earns EarthCheck Gold Status  Mandarin Oriental Launches Tea Roasting Experience in Taipei  Chubb Partners Grab to Launch In-App Travel Insurance in Singapore  Steady Growth Forecast for Mainland China Hotel Markets in 2020  Artyzen Hospitality Signs Habitat Hotel in Yubei, China  Pictures from Ascot United vs Colliers Wood United on 11 January  What Does TAT Have Planned for Thailand Travel Mart (TTM+) 2020? Exclusive Interview  Aviation: Stable Passenger Demand Growth in November  CWT Appoints Dale Eastlund as VP Supply Chain Partners  Dassault Falcon to Hold M&O Seminars in 8 Cities Around the World  Expat in Phuket Donates Two SV14 Dinghies to Disabled Sailing Thailand  Bangkok to Host Asia Destination Film Forum on 30 January  Wizz Air Becomes First in Europe to Deploy SITAOnAir's ACARS Over IP Service  Airbus to Increase Aircraft Production in USA  Sanlorenzo Appoints Simpson Marine as Distributor for Bluegame Yachts in Asia  Global Air Freight Demand Down 1.1% in November 2019; APAC Down 3.7%  IHG Expands Thailand Portfolio with Holiday Inn and Suites Siracha Laemchabang  Asia Pacific Airlines Flew 30.3 Million Int. Passengers in November 2019  SilkAir to Cease Flights to Kolkata, India  Biman Bangladesh Airlines Launches Flights to Manchester, England  EmbraerX and Elroy Air to Collaborate on Unmanned Air Cargo  FCM Strengthens Innovation Programme with Shep Investment  Artotel Appoints Yulia Maria as Group Director of Marketing Communications  Japan, Singapore, S. Korea and Germany Have World's Most Powerful Passports  Yangon Int. Airport Implements SITA's Airport Management Solution  Air France to Launch Twice-Daily Flights Between Paris-Orly and Munich, Germany  ANA to Enhance Service at Airports in Japan with Portable Translators  Yvette Thomas-Henry Appointed GM of Four Seasons Resort Nevis  Hahn Air Enters 2020 with 40 New Partner Airlines  CWTSatoTravel Partners US Military's Spouse Employment Programme  My Emirates Pass Gives Passengers Special Discounts in UAE  Visitors to Singapore Must Now Register Unmanned Aircraft  India's Vistara Airline Appoints APG as Online GSA in France  BOC Aviation Orders 20 Airbus A320neos  China Airlines to Launch Direct Flights to Chiang Mai, Thailand  Green Light for Vietnam Airlines to Expand Codeshare Agreement with Delta  All Hi Fly Flights Now Single-Use Plastic Free  Air India Renews Distribution Agreement with Amadeus  Mandy Goh Joins St. Regis Langkawi as Executive Chef  Spirit Airlines Signs Purchase Agreement for 100 Airbus A320neo Aircraft  Hamad Int. Airport Served Record 38,786,422 Pax in 2019  British Airways Starts Offsetting Carbon Emissions on All Flights Within UK  Marriott Opens Second JW on Hainan Island, China  Airbus Partners Aston Martin for Special Edition Helicopter  Dassault Aviation Appoints Charles Wemaëre as VP Worldwide Spares  Boeing Appoints Niel Golightly as SVP of Communications  Jayson Goldstein Joins Four Seasons Boston as F&B Director  Vietjet Takes Delivery of Two More Airbus Aircraft  Two Executive Appointments at Bombardier Aviation  Air India No Longer Available on Sabre GDS  Thailand Targets Tourism Revenue of 3.18 Trillion Baht in 2020  Pictures from Ascot United vs Banstead Athletic on 4 Jan 2020  Gen Z - Airbnb's Fastest Growing Market for Experiences in Asia Pacific  Air Canada Takes Delivery of First Airbus A220-300  AirAsia Launches Flights Between Kuala Lumpur and Dalat, Vietnam  Cebu Pacific Orders 15 Airbus Aircraft, Including Up To 10 A321XLRs  American Airlines and Royal Air Maroc to Codeshare  New Immigration Requirements to Help Solomon Islands Fight Measles  Vietjet Launches Danang - Singapore Flights  American Express GBT Forecasts Stable Air Prices in 2020  Etihad and Kuwait Airways to Codeshare  PAG and Inmark Purchase Grand Hyatt Seoul  British Airways and Iberia Achieve IATA NDC @Scale Certification  Seaplanes in Thailand? Interview with Dennis Keller, CBO of Siam Seaplane  Seven HD Videos from IATA Airline Industry Retailing Symposium 2019 in Bangkok  Vietnam Airlines Signs EngineWise Service Agreement with Pratt & Whitney  Future of Airline Distribution and NDC - Interview with Yanik Hoyles, IATA  Cambodia Airways Interview with Lucian Hsing, Commercial Director  HD Videos and Interviews  Podcasts from HD Video Interviews  Travel Trade Shows in 2019, 2020 and 2021  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News  Read the full article

[vanessawestwcrtr5]

Blockchain revolution rolls on despite cryptocurrency crash

Blockchain revolution rolls on despite cryptocurrency crash

LONDON: It was the year cryptocurrencies fell to earth — the crash has been so severe that parallels have been drawn with the dotcom bust at the turn of the millennium. Bitcoin is down 80 percent from just under $20,000 12 months ago to about $3,500 in December. Similar falls have been recorded by other cryptos such as ethereum. The reasons for the bust are well rehearsed: Increased regulatory oversight, especially from the US and China, the emergence of scams linked to a proliferation of cryptocurrencies launched via initial coin offerings (ICOs), and disagreements among cryptocurrency’s developers about how to update the underlying software. But interviewees told Arab News that the market would recover and that, just as the dotcom boom went on to produce Amazon, so the world of cryptocurrencies shouldn’t be written off. Dubai-based entrepreneur and investor, Najam Kidwai, a board-adviser to Fusion.org, a not-for-profit foundation that aims to develop blockchain infrastructure for cryptofinance, told Arab News that all innovations needed time to mature and cryptocurrencies were no different. He added: “Change needs to be regulated, but if you are doing everything above board, new technology should enhance the user experience, that’s the idea of technology — to make life easier.” In the interim, he predicted, institutional money will flow into “the crypto space,” even as retail investors take fright. Banks and hedge funds had been looking at cryptocurrencies, and building risk and compliance infrastructure to support trading, he said. Chris Beauchamp, senior market analyst at London-based IG Group told Arab News: “They (cryptocurrencies) aren’t doomed, they’re just not going to change the world overnight. Bitcoin still has the heft to remain part of the financial world, but others will probably fade or evolve over time, like the airlines and car firms of old.” Despite the cryptocurrency crash, most observers agree that blockchain, the technology that underpins the new tokens, will continue to spur public and private investment, and perhaps nowhere more so than in the Gulf. Here, there have been some major developments in 2018. Abu Dhabi-headquartered Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million; Abu Dhabi National Oil Company (ADNOC) is collaborating with IBM to pilot a blockchain supply chain system; and KSA’s central bank has signed an agreement with US fintech company Ripple to run a pilot project to help banks settle payments using blockchain. Kidwai said: “Cities like Dubai have bet very heavily on blockchain. A lot of proof of concept work is going on as Dubai wants paperless government, so there is an initiative here called Smart Dubai, driven by the ruler of Dubai. There is a desire for transparency and speed in government.” At its heart, blockchain is a relatively straightforward concept. It’s a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers. This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information can’t be changed. Gartner analyst Rajesh Kandaswamy told Arab News that even though speculators had poured billions into cryptocurrencies, that didn’t “invalidate the underlying blockchain technology”. “Blockchain could allow various parties in a supply chain to interact without a middleman — and for all records to be secured in one place. That allows for further streamlining, more efficiency and cost reductions,” said Kandaswamy. Abdul Nasser Al Mughairbi, digital unit manager for Abu Dhabi National Oil Company (ADNOC) said that blockchain would “enhance our business processes with a shared, secure and transparent ledger. “Blockchain is helping us track, irrefutably, every molecule of oil, and its value, from the well to the final customer,” he said in an emailed response to questions from Arab News. He added: “Every day there are large and complex production and accounting transactions among all of our businesses…that need to be accounted for. Until now this has been a laborious process but the blockchain application we have developed is streamlining this in one platform.” Operating costs could be cut via “eliminating time-consuming and labor-intensive processes.” Blockchain would be a game-changer in oil and gas transactions, he said.

——-

GCC SEEKS GLOBAL BLOCKCHAIN STATUS

GCC states are spearheading developments in blockchain to underline their efforts to become a global tech hub that links trade and finance between East and West. Saudi Arabia, Bahrain and Kuwait have announced a number of initiatives adding to the blockchain buzz humming around the entire Arabian Peninsula. The UAE and KSA have launched a proof of concept (PoC) for experimenting with blockchain to help cross-border payments between the two countries.

Just this month, UAE Exchange and US start-up Ripple said they planned to launch cross-border remittances to Asia via blockchain from the first quarter of 2019. Dubai has long sought to cement its position at the heart of a trading superhighway that connects China, Africa, Europe and the United States.

It has even talked about launching its own digital currency to oil the wheels of world trade even as the US/China tit-for-tat tariffs war continues. Dubai is already home to a bitcoin exchange, BitOasis, and other start-ups and accelerators devoted to blockchain are springing up, as well. 

Dubai’s Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum has said he wants all government documentation — such as visa applications, bill payments and licence renewals — to be transacted digitally using blockchain by 2020. In a recent report, Ahmed Bin Sulayem, chairman of the Dubai Multi-Commodity Centre (DMCC), said: “Trade and trade finance will be revolutionised by blockchain and other emerging technologies.”

——-

Despite a huge increase in embryonic and pilot projects involving blockchain, Gartner’s Kandaswamy said to his knowledge there had been “very few large-scale investments” in blockchain by enterprises. True, blockchain had been the number one search term when people looked at the Gartner website. But inquiries were more about curiosity surrounding the technology and “not about allocating capital.” He added: “Our clients are struggling to see where blockchain would make sense in their business. When I did a webinar last year, firms were saying ‘lack of business case’ was the number one issue. They wanted to know how blockchain could do things better than other technologies already out there.” However, he said that there were some unique selling points emerging with blockchain. For example: The ability of different parties in an ecosystem to have the same sense of proof, data held at a single point that couldn’t be tampered with. Certainly, blockchain doesn’t look like going away anytime soon. Walmart recently became one of the first retailers to explain how it will be using the technology. The company said it would require lettuce suppliers to upload data about their foods to blockchain within a year. Large firms such as Accenture, Facebook, Google, IBM and Microsoft are developing patented products and services based on blockchain’s digital-ledger open-source technology. Last month, Amazon said that it would offer blockchain for developers using its cloud-computing services. The global market for blockchain-related products and services is about $700 million and is projected to exceed $60 billion annually in 2024, according to Wintergreen Research. IBM and Microsoft have been leading global blockchain development projects in 2018, according to Wintergreen. Kandaswamy said a distinction should be made between a public blockchain system and a private one. The latter was for internal business processes, such as IBM’s application enabling location and tracking of maritime shipments. The larger battlefield centered on public blockchain. For these public exchanges used for the likes of bitcoin, there was still work to be done following a number of hacking incidents in 2018. Kidwai said custodial issues were “the biggest thing holding back cryptocurrencies — i.e. making sure that my crypto or bitcoin isn’t going to be stolen.” Solutions to the problems were pending but not that far away, he said, perhaps no more than 12 months out. Once the custodial issues were solved, “institutional capital would flow, if not gush into this space,” he said. As with the Internet, blockchain technology will catch on — “and like the Internet, in a very big way,” said Kidwai.

Source link http://bit.ly/2CvdVII