Technology Trends NA

AIG and IBM use blockchain technology to develop a ‘smart’ insurance policy

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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Apple faces stiff competition from Amazon in ‘smart home’ race

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.

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Lenovo announces ‘Smart Assistant’ to be powered by Amazon’s ‘Alexa’

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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