Insurance colossus AIG has entered into a collaboration agreement with IBM to develop a 'smart' insurance policy that will use blockchain technology to manage complex international coverage. The companies issued a joint-press release in which they disclosed that they had successfully completed a pilot of what they have termed a 'smart contract' which is a multi-national policy for Standard Chartered Bank PLC.
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Smartphones are now in 80 percent of U.S. homes - a six percentage point increase year-over-year (YOY) - and U.S. consumers now own 27 million more smartphones than they did just last year, according to new research from the Consumer Technology Association (CTA).
A professor based at a University in the United States has claimed that smartphones are revolutionizing the diagnosis and treatment of illnesses due to features and applications that make their ubiquitous small screens into medical devices.
Apple's strategy in the 'smart home' race is being threatened by the continued success of Amazon. In less than twelve months, Amazon has developed the hugely successful Echo speaker system and the Alexa voice-controlled digital assistant. That has ensured Amazon as a major player in the battle for primacy in the connected household sector.
One of the many exciting announcements made at the Consumer Electronics Show (CES) in Las Vegas from January 5-7, 2017, came from Chinese computer manufacturing company Lenovo, which announced the launch of its new ‘Smart Assistant’ powered by Amazon’s ‘Alexa’. Lenovo is the latest company to join the market for voice-activated devices, and its Smart Assistant comes at a reasonable price.
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