Business Daily Media

Men's Weekly

.

DOCOMO selects IOTW to develop Micro-Mining for its 5G Open Partner Program

  • Written by ACN Newswire
DOCOMO selects IOTW to develop Micro-Mining for its 5G Open Partner Program
HONG KONG, Aug 30, 2018 - (ACN Newswire) - AnApp Blockchain Technologies Limited ( AnApp ), the IoT blockchain developer behind IOTW, a new cryptocurrency for IoT applications, is one of the blockchain technology companies selected by NTT DOCOMO, Japan's largest mobile communications company, to develop IOTW Micro-Mining for its '5G Open Partner Program'.

AnApp is taking an innovative approach, putting IOTW's PoA (Proof of Assignment) and Micro-mining algorithms into IoT devices without adding hardware cost. It opens the door for new industries beyond telecommunications that are looking to revolutionize with DOCOMO products through IOTW's innovative technologies, such as cell phone, IoT devices, high definition video, Apps etc.

The next-generation communication system, 5G, is expected to promote the IoT society, where all devices are connected to the Internet, with features such as high speed, large capacity, low latency and many terminals.

Frederick Leung, Founder and CEO of AnApp, said, "We are very pleased to be selected as one of the blockchain partners in the DOCOMO 5G Open Partner Program. By participating in this program, IOTW will contribute its innovative technologies to spread IoT devices solutions for Japanese society, as well as promote the development of services using 5G provided by DOCOMO.

"We are very certain that our cooperation can potentially impact everyone's daily life. End users can benefit from it, accelerating the sales of IoT devices by DOCOMO. Leveraging IOTW's core team, with more than 30 years experience in computer hardware and software, our innovative PoA and Micro-mining algorithms will enable DOCOMO to collect big data, and end users will fully benefit from Micro-mining."

Topic: New ServiceSectors: Telecoms, Currencies, FinTech/Chains[1][2][3] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ Telecoms (www.acnnewswire.com)
  2. ^ Currencies (www.acnnewswire.com)
  3. ^ FinTech/Chains (www.acnnewswire.com)

Read more http://www.acnnewswire.com/press-release/english/45876/

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...