Science & Innovation
Latest news, analysis, and updates on Science & Innovation from A47 News.
5 stories in Tech · Updated live
SWIFT launches blockchain ledger pilot with 17 major banks for cross-border payments
SWIFT has initiated a pilot program for a blockchain ledger involving 17 major banks to facilitate tokenized deposit transactions. This move comes as part of SWIFT's strategy to modernize its payment systems and enhance the efficiency of cross-border banking. If successful, this pilot could lead to broader adoption of blockchain technology across the financial sector, transforming global banking operations.
UAE University Launches First Navigation Satellite LEONAV-1
The United Arab Emirates University has successfully launched its first satellite dedicated to navigation technologies, named LEONAV-1. This milestone is driven by the UAE's commitment to advancing space science and technology, supported by the UAE Space Agency. The long-term implication is that this initiative will enhance the UAE's capabilities in satellite navigation, positioning the country as a leader in the space sector.
Oratomic secures $300 million for 20,000-qubit quantum computer development
Oratomic has raised $300 million to develop a quantum computer with 20,000 qubits. This funding is driven by the urgent need for the crypto industry to prepare for the potential security threats posed by quantum computing. The long-term implication is that the crypto sector must rapidly adopt post-quantum encryption methods to safeguard against future vulnerabilities.
First Successful Surgery Using Humanoid Robots Conducted at UC San Diego
Surgeons at the University of California San Diego performed the first surgery using humanoid robots to remove gallbladders from live pigs. This unprecedented event is part of ongoing research into robotic surgery, showcasing the potential for teleoperated robots in medical procedures. The success of this trial could lead to more advanced robotic surgeries and improved patient outcomes in the future.
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FCC Approves Reflect Orbital's Satellite for Nighttime Illumination
The FCC has granted permission for Reflect Orbital to test its Eärendil-1 satellite, which is designed to beam sunlight to Earth at night. This decision comes amid significant backlash from astronomers concerned about the potential impact on the night sky and astronomical observations. The long-term implications may include advancements in space-based solar technology, but also challenges for nighttime visibility and scientific integrity in astronomy.
Oratomic secures $300 million for 20,000-qubit quantum computer development
Oratomic has raised $300 million to develop a quantum computer with 20,000 qubits. This funding is driven by the urgent need for the crypto industry to prepare for the potential security threats posed by quantum computing. The long-term implication is that the crypto sector must rapidly adopt post-quantum encryption methods to safeguard against future vulnerabilities.
First Successful Surgery Using Humanoid Robots Conducted at UC San Diego
Surgeons at the University of California San Diego performed the first surgery using humanoid robots to remove gallbladders from live pigs. This unprecedented event is part of ongoing research into robotic surgery, showcasing the potential for teleoperated robots in medical procedures. The success of this trial could lead to more advanced robotic surgeries and improved patient outcomes in the future.
SWIFT launches blockchain ledger pilot with 17 major banks for cross-border payments
SWIFT has initiated a pilot program for a blockchain ledger involving 17 major banks to facilitate tokenized deposit transactions. This move comes as part of SWIFT's strategy to modernize its payment systems and enhance the efficiency of cross-border banking. If successful, this pilot could lead to broader adoption of blockchain technology across the financial sector, transforming global banking operations.