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India's Department of Telecom approved telecom companies to conduct 5G trials without Chinese entities

Source:  India's recent decision authorising 5G trials without Chinese companies Huawei and ZTE is a sovereign one, a top State Department official has said, asserting that America is deeply concerned about the dangers of installing networks with equipment that can be manipulated, disrupted or potentially controlled by China. India's Department of Telecom last week approved applications of telecom companies Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL to conduct 5G trials but none of them will be using technologies of Chinese entities. State Department Spokesperson Ned Price, at his daily news conference on Tuesday, said: "This was a sovereign decision on the part of the Indian government, so we refer you to the Government of India for any comment on that decision".   "But I would say more broadly, it is true that we are deeply concerned about the dangers of installing networks with equipment that can be manipulated, disrupted or potentially controlled by the PRC (People's Republic of China). "Allowing untested, untrusted telecommunication suppliers, like Huawei or ZTE, to participate in or to have any control over any part of a 5G network creates unacceptable risks to national security, to critical infrastructure, to privacy and to human rights as well," Price said. China last week regretted the decision by Indian authorities to not allow Chinese telecom companies to conduct 5G trials in India. "We noted relevant notification, and express concern and regret that Chinese telecommunications companies have not been permitted to conduct 5G trials with Indian telecom service providers in India," Chinese embassy spokesperson Wang Xiaojian said in New Delhi. "To exclude Chinese telecommunications companies from the trials will not only harm their legitimate rights and interests, but also hinder the improvement of the Indian business environment, which is not conducive to the innovation and development of related Indian industries," Wang said. Last year, the US designated Huawei and ZTE as "national security threats", saying they have close ties to the Chinese Communist Party and China's military apparatus, and they are broadly subject to Chinese law obligating them to cooperate with the country's intelligence services.   (Except for the headline, this story has not been edited by TTE staff and is published from a syndicated feed.)

Blockchain Technology can solve lots of systemic issues in Banking sector, says IBM’s Jitan Chandanani

Source:  We have been hearing about the benefits of blockchain technology for the last few years. Even at the central government level, blockchain has got a vote of confidence.   But when it comes to actual blockchain-technology based implementations in the public sector, we more often than not, tend to draw a blank.   As of November 2019, we are still in the process of coming up with a strategy for national-level use of blockchain technology. Andhra Pradesh is one of the few states that is using a blockchain-backed land registration process.   One of the tech innovations that really put blockchain on the map for most of us, is cryptocurrency. Given the reservations against crypto-assets, cryptocurrency never got a chance to take off in India. However, the underlying blockchain technology is something that has piqued the interest of many banks in India. With global consultancy firm, PwC betting on India becoming a leader in blockchain tech with the right amount of government participation, banks don't seem to want to be left behind.   Eleven of India's largest banks including HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, RBL Bank and South Indian Bank, have launched a first of its kind blockchain-linked loan system in India for small and medium enterprises. State Bank of India, Bank of Baroda and IndusInd Bank are involved in this consortium as outside members. In the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves and digitally record all their transactions.   The blockchain system which the 11 banks above are running is managed by IBM. We spoke to IBM's Blockchain leader for India and South Asia, Jitan Chandanani, who is responsible for helping clients enable the capability and strengths of blockchain in their current environment to drive business growth and future opportunities. IBM was recently associated with developing the world's largest telecom blockchain in India to manage unwanted calls and unsolicited commercial communications.   (Except for the headline, this story has not been edited by TTE staff and is published from a syndicated feed.)

Investors confident of fundamental strength as Ether crosses $4,000 for first time

Source:  Continuing with its strong market rally, Ether, the native cryptocurrency of Ethereum network surged past 4,000 dollars for the first time today. Ether has yielded almost 454% in 2021 alone, making it the second-largest cryptocurrency in the world with a market capitalization of 460 billion dollars, second only to Bitcoin, which currently stands at 1,081 billion dollars.   The rapid surge in dogecoin price, which has levelled out since then, has yielded almost 8,000% in 2021. However, unlike the dogecoin mania, which was fueled by Elon Musk’s push to the dogecoin and anticipation of its discussion in his SNL performance, Ethereum seems more rooted and safe.   Ether is largely being considered central to the concept of decentralized finance or DeFi, where digital platforms can effectively challenge the institutional dominance of banks as hubs of financial transactions. Apart from this, the platform is also being recognized for its multiple practical applications, apart from simply being a store of value.   Siddharth Menon, Co-founder at Wazir X feels quite bullish on the potential of Ethereum. “Ethereum is an amazing innovation. It is the world's biggest decentralized virtual machine network and the foundation for many decentralized apps and fundamental businesses. It is revolutionizing the decentralized internet much as Amazon AWS transformed the global technology structure.” While Menon thinks that the cryptocurrency is currently undervalued, there is no doubt about the popularity and acceptance of the network, given many high-profile projects are being developed on it. He is not alone in his optimism. Ramalingam Subramanian, head of brand and communications at CoinDCX, one of India’s largest cryptocurrency exchanges also believes in the sustainability of Ethereum rise. “Unlike bitcoin, Ethereum is a programmable blockchain, which has captured the interest of many investors, software developers and startups around the world. It is also transforming into its version 2.0, which will make it more liquid, accessible and environment friendly as a platform. While there will be market corrections, things are moving in the right direction for the network, ”he says.   The positive investor sentiment for the currency is also testimony to its growth. As investors move beyond bitcoins and other cryptocurrencies, Ether is favored by people as a long-term investment that comes with stability and value.<a href="https://vdo.ai/?utm_medium=video&utm_term=moneycontrol.com&utm_source=vdoai_logo" target="_blank" rel="noreferrer noopener"></a>   Karan Anand, an avid cryptocurrency investor thinks the same. “I am planning to invest soon in ether. Unlike other cryptocurrencies, it is not as volatile and hence, a safe avenue. Experts label it as safe, so there is no reason why I should not consider putting money here.” Ethereum blockchain empowers smart contracts, which allow creation of contracts that do not require a third party for execution. In other words, it can be set and carried out simply by the two individuals party to the contract. Since it is accessible world-wide, it offers potential for bypassing traditional financial mechanisms and allows greater control to the involved parties over the value and movement of the digital assets. In addition, it also solves a key environmental concern of massive energy consumption in crypto mining by introducing PoS (Proof of Stake) which will work by granting mining powers to owners in direct proportion to the number of coins they hold. However, most of these applications are yet to be brought to life. It is unclear how these operations will be implemented in India. Perhaps that's why Chennai-based investment and strategy advisor Pranay Sultania, is a little skeptical about taking the plunge in this asset class. “I’ve been reading about blockchain and cryptocurrency. However, at the moment, I haven’t taken a call on whether I want to invest or not.”   (Except for the headline, this story has not been edited by TTE staff and is published from a syndicated feed.)

https://www.instagram.com/p/Bsg8nVijnmZ/

After becoming the talk of the internet over the holidays, the viral Netflix sensation You has been confirmed for a second season, much to the delight of fans everywhere. The thriller series, which stars Gossip Girl’s Penn Badgley, follows Joe Goldberg—a psychopathic stalker-kidnapper-murderer who masquerades as a beguiling New York City bookstore manager and self-professed bibliophile.

After a chance encounter with a beautiful blonde writer named Beck (Elizabeth Lail), Joe stalks her and eventually wins her affection—but not without killing off people within her inner circle first.

The chilling tale left viewers with many unanswered questions by the end of its first season, but now that You has been renewed, the show’s makers and actors have planted the earliest seeds of what’s to come next for Joe Goldberg. Here’s what we know about You season 2 so far.

https://www.youtube.com/watch?v=cKOhno0IMpA

Season 2 is filming in Los Angeles

The series heads out west for season 2. Sera Gamble, the series’ showrunner, played it by the book; she told The Hollywood Reporter about the show’s change of location, and what it means for Joe’s character. “Joe Goldberg comes to L.A. and he is a die-hard New Yorker, so I can’t say that he comes to L.A. and he instantly falls in love with the place. At least at first glance, this is not Joe’s kind of town, which is delightful.”

People who watched the show will remember that Paco and his mother Claudia move to Los Angeles, so it’s possible that a Joe/Paco reunion may be in the works.

The book You is based on has a sequel

You was based on Caroline Kepnes’ novel of the same name. Kepnes wrote a sequel, Hidden Bodies, which tells the story of Joe moving to L.A. This would be a good read if you want to get the scoop ahead of the second season. Kepnes has also hinted that there might be a third book in the series, so stay tuned; she told a fan on Goodreads, “You’ll get more Joe eventually.”

Who’s been confirmed for the second season?

Elizabeth Lail sat down with Radio Times after the series premiered to Netflix to say that she will not be returning to the show—Joe did murder her character, after all. “I am sad to not continue that journey with him,” Lail said, referring to Badgley. “The unfortunate thing is, the woman doesn’t win in the end…and I’m so sick and tired of that.”

Despite the series making it clear that Joe murdered Beck after she found out about him stalking her and murdering her friends, fans got their hopes up. Joe’s ex, Candace (played by Ambyr Childers), not only appeared in flashbacks throughout the series, but also showed up alive and confronted Joe in the finale’s cliffhanger after he (supposedly) killed her. This made fans hope that Beck, by the same thought, might make an appearance in future seasons, even though Lail dispelled the rumor.

Ditto. It will be all the motivation I need for season 2. https://t.co/fy2hojauDG
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— Penn Badgley (@PennBadgley) January 9, 2019

In theory, we’re not done with Dr. Nicky.

While Beck was forced by Joe to think about “what she did,” Beck wrote a novel that framed Dr. Nicky, her therapist—whom she cheated on Joe with—for her kidnapping in the hopes of obtaining her freedom. After Joe killed her, he published the novel and Dr. Nicky was arrested and sent to prison due to the incriminating manuscript.

“Dr. Nicky is in prison and he is ardently protesting his innocence,” Gamble told THR. “It’s too soon to say definitely whether John Stamos will return in season 2 but we have been talking a lot about the character and we’re excited to keep telling that story.”