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Why China’s Digital Currency Is a ‘Wake-Up Call’ for the U.S.

China’s central bank may launch its own digital currency in the next 18 months amid strong endorsements of blockchain from the highest levels of government, signaling a desire for China to be self-reliant and globally competitive and adding another dimension to the growing U.S.-China tech rivalry. Read more: https://fortune.com/2019/11/01/china-digital-currency-libra-wakeup-call-us/ SOURCE: FORTUNE (0)

Google, Walmart Help Drive India Payments Past 1 Billion Transactions

A payments platform created by India’s largest retail banks surpassed a billion transactions in October, a milestone that affirms the tremendous growth of services offered by U.S. giants from Walmart Inc. to Amazon.com Inc. and Google. Indian digital payments took off when the government pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in a move to curb corruption […]

India Will Have a Say in Whether China Dominates 5G

Will Huawei Technologies build India’s 5G wireless networks? In the technological cold war between the U.S. and China, India—the world’s second-largest wireless market by number of users—may be the biggest prize up for grabs. Washington wants India to reject Huawei and instead choose one of its Western rivals, Sweden’s Ericsson or Finland’s Nokia. Beijing, needless […]

India gold demand tapers off after festival spike

Gold discounts in India widened this week as physical demand cooled because of high prices after a busy festival week while activity in other Asian hubs was largely steady. India celebrated Diwali and Dhanteras last week, some of the busiest gold-buying days in the country, when demand peaks because gold is considered auspicious. Read more: […]

China just launched the world’s largest 5G network

China just switched on the world’s largest 5G network.The country’s three state-run telecom operators launched services for the next generation wireless technology on Friday. China Mobile (CHL), China Telecom (CHA) and China Unicom (CHU) are all offering 5G plans that start at 128 yuan ($18) for 30 GB of data per month, giving Chinese internet users access to the ultra fast service. Read […]

COMING FULL CIRCLE, EVOLVED

By Charles F. Moreira In my around 25 years of writing about computing, communications and information technology, I’ve often encountered the term “creative destruction”, especially in relation to new technologies or technology products, systems or services. In the context of communications and information technology, “creative destruction” can occur when a new and more innovative technology […]

VMware Announces Cutting-Edge Innovations to Supercharge Malaysia’s Economic Transformation

VMware, a leading innovator in enterprise software, today announced new and expanded offerings across cloud, modern applications and digital workspaces, laying the foundation for organizations in Malaysia to grow alongside the country’s stunning economic progress. VMware’s new innovations will enable organizations to build, run and manage workloads on a consistent infrastructure across clouds, data centers, […]

MALAYSIA’S INDUSTRY 4.0 JOURNEY – FUNDING OPTIONS

By Charles F. Moreira In Part 2 we covered early practical implementations and solutions along Malaysia’s road to full Industry 4.0 which were presented at the Industry 4.0, Demystify, Funding & Roadmap Conference at the Petaling Jaya Hilton on 30 April 2019, jointly organised by the Malaysian National Computer Confederation (MNCC) together with the Malaysia […]

What India’s extraordinary growth and future can teach global leaders

If the 19th century can be characterized by the rise of industrialization and the 20th century by the expansion of the market economy and globalization, the defining characteristics of the 21st century are dramatic and pervasive transformations and a shift from unipolarity towards multipolarity. Read more: https://www.weforum.org/agenda/2019/10/future-of-indian-economy-and-society/ (1)

Hong Kong and Shenzhen: Two Cities Grappling Over China’s Future

Growing up in central China in the 1990s, Mia Gu dreamed of distant Hong Kong. She idolized the city’s movie stars, devoured its television cop shows and dearly wanted to visit. Gu now works for a major Chinese multinational in Shenzhen, the fishing village turned mega-city that sits to the immediate north of the former […]

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