Category: Internet of Things News

JCB, one of Japan’s major card issuers, is teaming up with IoT banking technology Keychain to bring the same NFC technology to IoT networks and smartphones even if they’re operating offline. The technology provisionally clears payments when neither the device nor payments terminal has internet access, an industry-standard known as “double offline”. Notably, the shoppers’ experience is as easy as swiping a smart watch at a store payment terminal with this system. Source: https://www.iotworldtoday.com/2021/12/21/taking-embedded-payments-offline-in-japan/

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ST Engineering has committed $30 million to a variety of projects. hiSky, an IoT satellite terminal firm, has received funding. Tawazun Holding, the investment arm of the United Arab Emirates’ Strategic Development Fund, as well as unknown investors, contributed to the financing.  hiSky wants to expand its engine fleet and expand its reach with key industry buyers while also accelerating research and development. Source: https://www.iotworldtoday.com/2021/12/13/home-depot-backs-50m-series-c-funding-for-secure-iot-operating-system/

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Afero, the operating system has brought $50 million up in Series C financing for a start to finish IoT security stage that works from the second gadgets are made up to establishment by the end client. The round was driven by online protection, security, and foundation-centered private value firm Crosspoint Capital and furthermore included home improvement retailer The Home Depot. Afero’s working framework is intended to permit secure correspondence of information as it’s carried starting with one IoT endpoint then onto the next and to and fro from Afero’s facilitated…

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The Product Security and Telecommunications Infrastructure Bill (PSTI), will permit the public authority to boycott widespread default passwords, power firms to be straightforward to clients concerning what they are doing to fix security imperfections in connectable items, and make a superior public revealing framework for weaknesses found in those items. The Bill will likewise accelerate the carry out of quicker and more solid broadband and portable organizations by making it more straightforward for administrators to update and share the framework. The changes will support speedier and more cooperative arrangements with…

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