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Juniper Networks and NEC Build New Network for Herotel to Create South Africa’s First Commercial Network Driven by Segment Routing

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TOKYO, Jun 08, 2021 – (JCN Newswire) – Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, and NEC Corporation (NEC; TSE: 6701), a leading global integrator of IT and network technologies, today announced that they have worked with Herotel, South Africa’s largest fixed wireless service provider, to enable the country’s first commercial network to deploy segment routing as part of a significant network upgrade initiative. Herotel’s operational drivers for this innovation and investment include scalability and reach, agility, cost-effectiveness and the ability to consistently provide a superior user experience that can be tailored to regional requirements.

Since its foundation in 2014, Herotel’s overarching mission has been to drive ubiquitous, affordable internet connectivity and access to services and content across South Africa’s 1.22 million Km2, including communities in remote districts. In addition to rapid organic growth of its network, the acquisition of numerous local service providers over a short period of time has further broadened Herotel’s reach. However, this approach has also led to a disparate, cost-inefficient infrastructure in need of simplification and alignment to meet its objectives. Over the past year, this need has been exacerbated by significantly increased demand for secure, reliable connectivity and bandwidth during work-at-home and extended lock-down periods, with thousands of workers accessing corporate resources from “unknown” home networks. Furthermore, given the large distances between data centers and other points of presence, the ability to store and stream bandwidth-heavy content closer to as many customers as possible has become another imperative for Herotel.

Herotel chose to build its new IP network based on segment routing principles, augmenting traditional MPLS (multi-protocol label switching) techniques, to maximize operational flexibility and agility and to help deliver improved, consistent user experiences at scale and cost-effectively. Segment routing is a control-plane architecture which simplifies traffic engineering, enabling the path that data packets take across the network to be determined in advance. This means fewer network elements are involved, avoiding slow response to sudden network changes. It also supports the application QoS (Quality of Service), mapping specific applications and end users to preferential network service paths.

Additional Information

– Herotel has now consolidated 19 separate networks and operating frameworks into a single architecture, in support of its simplification and cost-control program, having acquired 40 different service providers between 2018 and 2020.
– During South Africa’s initial national lock-down period starting in March 2020, Herotel experienced a 30 percent increase in network traffic.
– For the remainder of 2021, Herotel aims to bring another 60,000 new customers online, and is currently building new fiber connections for 16 towns, with another 18 planned for towns in the Western Cape district.
– Juniper Networks’ MX Series Universal Routing Platform underpins the solution deployed by Herotel. Specifically, Herotel has deployed the MX204 Universal Routing Platform for metro access routing and the MX10008 Universal Routing Platform in the network core.
– Herotel also has the Juniper Broadband Network Gateway Solution (BNG) enabled across its distributed architecture to support local peering and as a Content Delivery Network (CDN). This capability is enabled by the MX platforms and Junos OS, the single operating system that powers Juniper’s portfolio.
– NEC led the architectural design and implementation of Herotel’s new network as the ‘Network Integrator,’ backed by its extensive transport networking integration and engineering capabilities accumulated through its rich experience of delivering innovative networking to hundreds of customers globally. It has also been recognized as Juniper’s Global Alliance Partner of the Year for 2020, underlining its outstanding execution capabilities and exceptional attention to customer experience.
– Juniper and NEC XON, a subsidiary of NEC, worked closely together to deliver Herotel’s innovative new network and will extend their collaborative effort to develop enhanced networks to drive Herotel’s continued business success in the region.

Supporting Quotes

“Herotel’s stated mission for South Africa is ‘everyone connected’. In support of this, we have three clear strategic anchors: excellent customer experience, low-cost deployment and strategic availability of our services. The network is the critical element, so we knew we had to be bold and innovative to succeed and keep this promise to our customers. The solution from Juniper, with NEC XON as the integration partner, has delivered the simplicity, operational functionality and agility that other vendors simply could not,” says Eldred Ekermans, Chief Technical Officer, Herotel

“Streamlining deployment at massive scale and across vast distances yet still focusing on the user experience was the challenge that Herotel brought to us. The segment routing solution now in place delivers optimal bandwidth utilization, reduced latency and automated traffic engineering capabilities. This enables Herotel to provide stand-out connectivity and services to its many thousands of business and residential users, despite the geographic challenges of such a dispersed population. It also has the necessary headroom and agility to keep ahead of Herotel’s ambitious ongoing growth plans, again without any compromise to the end-user experience,” says Brendan Gibbs, Vice President, Automated WAN Solutions, Juniper Networks

“As a company that envisions social value creation ourselves, Herotel’s mission resonates with us and we are thrilled to contribute to making ‘everyone connected’ a reality in South Africa, one of the key markets for our global business. NEC, providing specialized telecom services with a customer-first approach, is excited to be a strategic partner for Herotel to deliver innovative 5G-ready networking and to pave the way to a brighter, promising future together,” Mayuko Tatewaki, General Manager, Service Provider Solutions Division, NEC Corporation

About Juniper Networks

Juniper Networks challenges the inherent complexity that comes with networking and security in the multicloud era. We do this with products, solutions and services that transform the way people connect, work and live. We simplify the process of transitioning to a secure and automated multicloud environment to enable secure, AI-driven networks that connect the world. Additional information can be found at Juniper Networks (www.juniper.net).

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

About NEC

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

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Source: https://www.jcnnewswire.com/pressrelease/67157/3/

Blockchain

Credmark Previews Uniswap V3 Portfolio Management Tool

Credmark Previews Uniswap V3 Portfolio Management Tool

Credmark Previews Uniswap V3 Portfolio Management ToolThe team is focused on making liquidity provision safe and easy. Singapore, June 18, 2021 – DeFi risk modelling platform Credmark has announced its upcoming portfolio management tool for Uniswap V3. It will be the first retail product to be launched by the project in an effort to provide easier ways of providing liquidity. The

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The team is focused on making liquidity provision safe and easy.

Singapore, June 18, 2021 – DeFi risk modelling platform Credmark has announced its upcoming portfolio management tool for Uniswap V3. It will be the first retail product to be launched by the project in an effort to provide easier ways of providing liquidity. The development team has also shared a sneak peek explaining the tool’s functionality.

“Uniswap V3 is really difficult to use and puts you at risk of your assets going out of range. We made a tool to fix that.” – Credmark Founder Neil Zumwalde.

The portfolio management tool allows users to choose the amount of risk they are willing to participate in prior to allocating their funds in a liquidity pool. By backtesting models against historical price data and by considering asset correlation, the team provides the user the information needed to avoid the biggest risk associated with V3, which is impermanent loss. 

These solutions are an urgent need for this sector of the blockchain and cryptocurrency industry. The project was recently backed by investors such as Genesis Block Ventures, Spark Digital Capital, and Solidity Ventures and entered a partnership with the trusted API3 oracle service. All of whom see great potential in the tool and other upcoming products. 

Furthermore, Credmark just completed the successful launch of its $CMK token under an innovative Liquidity Swap Drop model.

About Credmark

Originally a crypto credit data company, Credmark’s novel platform addresses data integrity issues in DeFi by aggregating and normalizing data. The team has identified a way to provide high integrity, institutional grade risk tools to retail users. The CMK token will be used to govern network parameters, incentivize model developers and other contributors, and secure the system via staking lockups.

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ACN Newswire

DeFi Powerhouse Fantom’s Native Token FTM Gets Listed on BitFinex and Gemini

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NEW YORK, NY, June 19, 2021 – (ACN Newswire) – Two major cryptocurrency trading platforms have listed Fantom within the last 24 hours, as the blockchain platform and its native token FTM continues to grow its footprint across the globe.

1. Bitfinex, one of the world’s oldest exchanges, has announced the listing today.
2. US-based digital currency exchange Gemini announced the listing of FTM yesterday, allowing US citizens to buy and trade on their regulated trading platform.

Fantom has been showing remarkable growth in the first quarter of 2021. It enables users to make blockchain transactions without the hassle of high fees, complicated interfaces, slow transaction speeds and weak security.

Bitfinex

Users can withdraw and deposit FTM on Opera Mainnet on Bitfinex leveraging the speed and low transaction costs of Fantom. Founded in 2012, Bitfinex was one of the first professional platforms set up to accommodate the booming interest in cryptocurrency trading. Since then, the team has gained invaluable experience whilst cementing their spot as the go-to platform for digital asset traders and institutions.

Bitfinex is widely used in the Asia Pacific region, especially in China and by getting listed on the platform increases Fantom’s presence in the region.

GEMINI

Gemini, formally known as Gemini Trust Company LLC, is considered one of the most trusted, reliable and regulated digital currency exchange platforms. Its creators Cameron and Tyler Winklevoss created this platform, enabling people from the US to trade safely and secure various cryptocurrencies using USD. Gemini has made a name for itself as being both regulated and highly reputable. Fantom’s addition to Gemini is mutually beneficial as Fantom is closer to being one of the best DeFi (decentralized finance) platforms in the industry.

Being a US-based exchange, Fantom’s listing on the platform now opens up the opportunity for investment by US-based crypto enthusiasts and large-scale investors alike, both of which now have much easier accessibility to the token.

The US is a financial powerhouse when it comes to cryptocurrency, with a recent survey showing more than 6 percent of Americans have financial interests in crypto. That puts the US behind only China when it comes to cryptocurrency investment, which needless to say, opens up a world of opportunity for Fantom.

Fantom’s Exponential Growth

Fantom’s exponential growth is attributed to many factors, including its multiple government partnerships. In addition to being user-friendly, Fantom is also a developer-friendly blockchain that has attracted developers through its decentralized system, enabling blockchain projects with efficiency and ease. Fantom’s minimal fees make this platform desirable, not to mention its compatibility with Ethereum.

– Website https://fantom.foundation/
– Docs https://docs.fantom.foundation/
– Research papers https://fantom.foundation/fantom-research-papers/
– Discord http://chat.fantom.network/
– Telegram https://t.me/Fantom_English
– Blog https://fantom.foundation/blog/
– Twitter https://twitter.com/FantomFDN
– Reddit https://www.reddit.com/r/FantomFoundation/
– Github https://github.com/Fantom-Foundation

Media Contact Information
Simone Pomposi
pr@fantom.foundation
https://fantom.foundation

SOURCE: Fantom Foundation


Topic: Press release summary
Source: Fantom Foundation

Sectors: FX & Digital Currencies, FinTech & Blockchain


https://www.acnnewswire.com

From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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Source: https://www.acnnewswire.com/press-release/english/67421/

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Cleantech

FDNY Orders 184 Additional Ambulances With Stealth Power’s Idle Mitigation Technology & Fleet Intelligence

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Friday, June 18, 2021Stealth Power announced that the Fire Department of New York (FDNY) has ordered an additional 184 ambulances with the company’s Vehicle Power System, bringing the total number to 500 by the end of 2021.

FDNY responds to almost two million emergencies every year and serves more than 8.5 million people within a 302-square-mile radius. For rapid response times, ambulances are on standby. Before integrating Stealth Power’s Vehicle System, ambulances could idle for up to 12 hours each day.

“As the largest and busiest emergency response fleet in the country, we’re thrilled to support FDNY in their transition to a low carbon fleet,” said Devin Scott, Chief Executive Officer of Stealth Power. “Stealth Power keeps critical equipment on with engines off, reducing fuel use up to 30% every month and helping large fleets transition towards a fully electric future.”

Photo credit: Microsoft

The leader in idle mitigation and clean energy for fleets with complex power needs, installations include Stealth Power’s System Intelligence platform, powered by Microsoft Azure. Stealth Power’s solution incorporates sensors that collect data and sends it to Azure for safe and secure storage. Microsoft Power BI dashboards allow clients to easily manage the operational efficiency of individual vehicles or a whole fleet.

“We share Stealth Power’s commitment to a clean, efficient future informed by data,” said Kirk Lonbom, Director, Public Safety and Justice Strategy, US State and Local Government at Microsoft. “Stealth Power’s Fleet Intelligence platform powered by Microsoft Azure demonstrates the real-world value of their idle mitigation technology and we’re pleased to see continued adoption of their solutions.”

Since 2016, Stealth Power has helped FDNY save millions in fuel and maintenance costs while reducing CO2 emissions by over 100,000,000 lbs., meeting the state’s reduced emissions mandates and improving New York City’s air quality.

Photocredit: Microsoft

About Stealth Power: Stealth Power designs and builds idle mitigation and scalable hybrid energy systems that power complex fleet operations into the future. Manufactured in the USA, Stealth Vehicle and Mobile Power Systems are trusted by FDNY, U.S. Customs and Border Protection, and the FAA to power everything from life-saving medical equipment to remote towers equipped with intelligence sensors. Stealth Power keeps mission critical equipment on with engines or generators turned off.

For more information, contact Rachel Charlesworth (rcharlesworth@stealth-power.com)

This press release is supported by Stealth Power.


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Blockchain

COSIMO X is Now a Backer of yAxis’ Yield Farming Solution 

yield farming

yield farmingCOSIMO X is a venture capital fund that invests in next-generation technological opportunities and is the world’s first tokenized fund. The team have been leaders in this innovation space for over 25 years. Its track record includes many pioneering moments such as the first commercially available financial service on the Internet to the first internet

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COSIMO X is a venture capital fund that invests in next-generation technological opportunities and is the world’s first tokenized fund. The team have been leaders in this innovation space for over 25 years. Its track record includes many pioneering moments such as the first commercially available financial service on the Internet to the first internet push notification. The fund is also an early investor in the fast-growing adaptive digital asset NDAU and participated in the private sale ahead of the wildly successful Casper Labs launch.

Continuing the tradition of remaining at the forefront of emerging technologies, COSIMO X has decided to enter the yield farming investment strategy through yAxis. Yield farming is one of the most popular investment strategies in the Crypto DeFi sector since it enables investors to lock their idle assets into protocols that offer attractive returns. The top four aggregators that provide these strategies as a service have reached a total value locked (TVL) of over $6 billion.

yAxis is a simple, all-in-one solution for DeFi yield aggregation. It consists of a DAO on the Ethereum blockchain that combines different yield farming strategies via popular protocols. These strategies are decided on by a community of holders of the ERC-677 governance token $YAXIS. The TVL for the project’s MetaVault reached $200 million shortly after launch.

The popularity of the platform is due to the fact that it gives investors simplified access to these aggregation services. Holders of the yAxis governance token earn a performance fee for designing and recommending strategies in their role as fund managers. Meanwhile, yAxis users receive all the benefits from a single, easy-to-use and inexpensive entry point. 

COSIMO X sees yAxis as a bridge into DeFi with minimized risks and pooled gas fees that requires no previous knowledge. yAxis perfectly fits the market’s need for this solution by providing a great product roadmap, a secure ecosystem, and an engaged community. 

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