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Pokemon Go’s Niantic Labs acquires augmented reality startup Escher Reality
The creator of the popular phenomenon game Pokemon Go, Niantic Inc., announced Thursday that the firm has acquired mobile augmented reality platform developer Escher Reality. Niantic Labs gained attention and popularity in 2016 when its AR game Pokemon Go struck a chord with mobile gamers who rushed out into the world to capture adorable 3-D ...
FedEx paves the way for transport blockchain standards
Global shipping and transport network business FedEx Corp. announced Wednesday that the company intends to work with the Blockchain in Transport Alliance to develop standards for distributed ledger technology in shipping. An article in FreightWaves, a cargo shipping news site, reported that FedEx joined BiTA as a founding organization and has outlined plans to set ...
With new update, Kaon moves enterprise virtual reality marketing onto WebVR
Sales and 3-D marketing application developer Kaon Interactive Inc. today announced that the company’s products are now available in WebVR using Microsoft Edge and other supporting browsers. WebVR is a virtual reality framework that supports the viewing of 3-D objects in web browsers as well as provides a way to bring 3-D web pages into VR ...
Philippines’ SEC announces cryptocurrency regulation plans
The Philippines’ Security Exchange Commission announced Monday that the governing body intends to draft rules for regulating virtual currencies and token crowdsales such as initial coin offerings. Plans for regulations come on the cusp of worldwide attention given to cryptocurrencies, such as bitcoin, as investors and businesses continue to capitalize on the growing market. Regulators ...
Light Field Lab raises $7M to make holograms without headsets a reality
Display technology startup Light Field Lab Inc. announced today that the company has raised $7 million in seed money to develop real-world holographic displays. The highly sought-after technology would give life to three-dimensional computer graphics that would appear in midair without the need for augmented-reality headsets and would allow users to interact with the holograms ...
Vermont city launches pilot blockchain to track real estate transfers
A new blockchain registry for real estate will arrive soon for the City of South Burlington, Vermont, from Palo Alto, California-based startup Propy Inc. Propy announced Monday that the registry, powered by distributed-ledger blockchain technology, would be part of a pilot program to digitize and secure city land records in collaboration with the City Clerk’s ...
PREDICTIONS 2018
Augmented reality in 2018: Smart glasses emerge as the big battleground
The magic of augmented reality is that we can don a pair of glasses and see things other people cannot see, overlaying the world we live in with holograms and virtual objects and allowing us to see abstract ideas visually. But with the singular exception of the hit mobile game “Pokemon Go,” AR’s introduction to the public ...
Ledger raises $75M to scale up cryptocurrency hardware wallet operations
Paris-based cryptocurrency wallet manufacturer Ledger SAS announced today the company has raised $75 million in a Series B venture round led by Draper Esprit. The company plans to use the money to scale up its operations in producing hardware wallets for cryptocurrencies and provide security for distributed ledgers. Ledger produces a hardware cryptocurrency wallet known ...
De Beers launches blockchain pilot to track diamond authenticity
Diamond mining and retail company De Beers announced Tuesday that it intends to launch the first industrywide blockchain to track diamonds. The distributed-ledger technology would allow De Beers to keep track of diamonds through the entire supply chain from the mine to jewelry store. De Beers is the largest diamond producer in the world by value and ...
China escalates plans to restrict bitcoin exchanges and trading
China is jacking up its regulation of the trade and cryptocurrencies, such as bitcoin, with plans to block access to Chinese and offshore platforms that allow centralized trading. According to a report by Bloomberg today, sources close to Chinese policymakers said that the country intends to clamp down on both online exchanges and mobile apps that offer ...