Archive for the ‘Blockchain’ Category

Virtusa opens new technology centre in Singapore

Friday, October 20th, 2017

The step-up of business footprint of the corporation’s regional headquarters in Singapore will bring the global IT consultancy & outsourcing services company closer to its clients in the region, and enhance recruitment of local talent in Singapore.

The new technology centre is located in Virtusa’s offices in Singapore at the Akzonobel House n Changi Business Park.

According to the company’s Chief Operating Officer, Roger Keith Modder, who inaugurated the new technology centre in Singapore, Virtusa plans to grow its employees here by 50% within the next 3-5 years, tapping into the talent pool generated by the universities here.

The billion-dollar company (by market cap) is counting on the Smart Nation efforts of the Singapore government and is spearheading its strategy here with the company’s verticals in Banking & Financial Services, Insurance, and Healthcare.

The Singapore office is also Virtusa’s regional headquarters.

The Singapore office is also Virtusa’s regional headquarters. Photo: Virtusa.

More details about Virtusa’s recent evolution as a company from the press release below.

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Opening: Thomson Reuters Data & Innovation Lab in Singapore

Tuesday, February 21st, 2017

Thomson Reuters continues expansion of its global labs network by opening its sixth in Singapore. Its first lab in Asia, the Singapore Data and Innovation Lab will serve customers across the Asia Pacific.

Sopnendu Mohanty, Chief Fintech Officer at Monetary Authority Singapore (MAS) officiating the opening of the new Thomson Reuters Lab in Singapore. In addition, Kiren Kumar, Assistant Managing Director, Infocomms and Media, Singapore Economic Development Board commented, “We welcome Thomson Reuters into our fast-growing digital innovation ecosystem, and are glad that the Singapore Data and Innovation Lab is collaborating with various partners to create new products for the region and beyond. We are also pleased that the Lab presents exciting career opportunities in data science, software development and user experience design.”

The Thomson Reuters Lab in Singapore will collaborate with the government, customers, tech startups and universities to build partnerships and create innovative products and solutions for professional markets throughout the Asia Pacific region.

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New arrival: Acronis True Image 2017 New Generation

Thursday, January 19th, 2017

The Acronis True Image 2017 New Generation personal backup solution offers protection against ransomware attacks, along with blockchain-based document certification and electronic signature technology. Subscription prices below.

A photo posted by John Tan (@tech4tea) on

Acronis True Image 2017 New Generation tackles the multi-billion dollar cyber-threat nightmare with real-time protection against ransomware attacks targeting data and offers the industry’s first blockchain-based certification and electronic signature technology.

The three core new features in Acronis True Image 2017 New Generation (over the existing Acronis TrueImage 2017) are:

  1. Acronis Active Protection – protects data against ransomware.
  2. Acronis Notary – ensures data authenticity with blockchain.
  3. Acronis ASign – provides easy-to-use digital signatures.

Acronis launched True Image 2017 New Generation in Singapore at its offices in Suntec City Tower 3. Here’s Mike Chadwick, Vice President of Engineering & Cloud Operations for Acronis, at the launch.

Pricing and Availability

The Acronis True Image 2017 New Generation will be available in 1, 3 and 5 computer offerings, at the price of S$139.99, S$200.99 and S$224.99 respectively.

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Singapore-wide locker network based on IBM Blockchain/Bluemix

Monday, October 24th, 2016

IBM empowers Singapore startup – FreshTurf – with Blockchain and Bluemix for island-wide federated lockers network.

Working in the IBM Bluemix Garage, FreshTurf plans to create and deploy unique logistics app with blockchain and cloud.

Working in the IBM Bluemix Garage, FreshTurf plans to create and deploy unique logistics app with blockchain and cloud.

IBM is working with Singapore start-up FreshTurf in the Singapore location of its IBM Bluemix Garage network.

“As a startup, we wanted a partner and mentor who would guide us through the journey of adopting blockchain and building with cloud, while also helping us to grow. During the Design Thinking workshop, we had access to technical expertise, consulting and guidance through working with the IBM Bluemix Garage which allowed us to quickly build our concept. The IBM Bluemix Garage’s methods of Design Thinking, use of cloud and agile development practices served as the foundation of our startup,” said Jarryl Hong, Co-Founder, FreshTurf.

Using IBM Cloud and Blockchain technologies, FreshTurf has been working with IBM Bluemix Garage developers and designers to create a network of storage lockers for shipping and parcel delivery throughout Singapore.

This locker ledger network is designed to help improve the “last mile” of delivery services for consumers and businesses, or the final leg of a package’s journey to a customer’s home.

Blockchain is a technology for a new generation of transactions which establish accountability and transparency while streamlining business processes.

Fueled by and built on Bluemix, IBM’s cloud platform, IBM and FreshTurf aims to build a distributed ledger platform prototype specifically designed to manage commercial transactions between merchants, logistic vendors, locker companies and consumers.

Not only can the application of blockchain technology help provide visibility across the fulfilment chain, allowing users to track their parcel and delivery status from the convenience of their phone, it can help stakeholders to conduct shipping transactions in a highly secure and trusted environment.

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IBM SolutionsConnect: Blockchain – Beyond Finance

Thursday, June 2nd, 2016

Disruption enables enterprises to cut costs involved in technologies whilst reducing the inefficiencies. Alan Lim shares how IBM Blockchain Labs can help you apply blockchain technology to make more efficient an application that is core to your business.

If your business is based on a network of partners, dealers, suppliers and customers; and if your success is based on a system that can be disrupted; AND if you want to become the next disruptor, you should take a serious look at Blockchain technology.

If your business is based on a network of partners, dealers, suppliers and customers; and if your success is based on a system that can be disrupted; AND if you want to become the next disruptor, you should take a serious look at Blockchain technology.

Enterprises can now leverage on the structured approach for an application or a system based on Blockchain tenets.

Blockchain technology is suitable for any enterprise that involves multi-party, multi-layered transactions.

“Blockchain is the next stage of digitisation,” said Raymond Wong – Country Manager, Software, IBM Singapore – during his welcome address for IBM’s one-day thought leadership conference (“Technology Leadership in the Cognitive Era”) in Singapore.

Blockchain entails the principle of a shared ledger with shared data, leading to visibility of not only the entire history of transactions, but also the customer’s relationship data.

Alan Lim noted that some US$1 billion has been spent on Blockchain technology, and that the investment is moving away from BitCoin specific to the underlying Blockchain technology.

Lim is a Lead Software Architect with IBM Software.

Enterprises do not work in silos, instead they thrive in business networks, generating wealth in the marketplace through the transference of goods and services.

The key then is how to engineer trust among the various parties, especially when it is a challenge to monitor asset ownership and transfers/transactions.

Blockchain technology is based on a concept of a decentralised consensus network, introducing replicated, shared, permissioned ledgers for transparency, whilst privacy is maintained by ensuring that relevant parties can only see what they need.

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