BOSTON, Aug. 9, 2023 /PRNewswire/ — Quantum dots (QDs) are semiconductor nanocrystals ranging from 2-10 nanometers (10-50 atoms) with size-tunable features. They exhibit quantum confinement effects due to their nanoscale dimensions, leading to remarkable optical and electrical characteristics. The quantum dot features can be adjusted by particle size, material, and composition. QD materials such as Cd-based, In-based, PbS, perovskites, as well as emerging CuInS2, InAs, ZnTeSe QDs have varied bandgap and thus absorption and emission spectra. This fine-tuning ability has resulted in quantum dots’ significant application potential, notably in display, image sensors, photovoltaic, lighting, and various other use cases.
Since first discovered in 1980, QDs have demonstrated immense potential in transforming display, image sensor, photovoltaic, lighting and greenhouse film technologies with commercial products.
The new report, “Quantum Dot Materials and Technologies 2024-2034: Trends, Markets, Applications“, provides IDTechEx’s technology roadmap considering how the technology mix in various applications will be transformed with time.
Display: Successful Application?
In display technology, QDs have found extensive use as a color-enhancing component offering a wider color gamut, higher color accuracy, and increased brightness compared to a traditional liquid crystal display (LCD). The unique photoluminescent property of emitting specific wavelengths of light upon excitation enables QDs to convert blue light from LEDs into pure red and green, thus achieving a more extensive and precise color palette.
The evolution of QD integration approaches in displays is examined in the report, highlighting the dominance of the film-type adoption over the obsolete edge optic. Nevertheless, emerging approaches such as QD color filters for OLED and micro-LED (μLED) or on-chip type are gaining momentum, facilitated by material advancements and fabrication technique improvement, which could eventually surpass the film type. Additionally, this analysis recognizes QDs as the ultimate emissive material for displays, tracking efficiency, and lifetime improvements while delving into persistent challenges regarding performance, lifetime, deposition/patterning, and device design.
Emerging Dominance: Quantum Dots in Image Sensors?
Lead sulfide QDs offer the advantage of tunability across an extensive spectrum of wavelengths, making them suitable for near-infrared (NIR) or short-wave infrared (SWIR) sensing applications. An intriguing possibility arises as they can be combined with a silicon Read-Out Integrated Circuit (ROIC) to form a hybrid QD-Si NIR/SWIR image sensor. This innovative integration presents a potential pathway towards achieving high-resolution small-pixel silicon-based NIR/SWIR sensors, eliminating the necessity for heterogeneous hybridization of indium gallium arsenide (InGaAs) sensors with Si ROIC. The low-cost hybrid QD-based image sensors can not only target applications traditionally realized by InGaAs SWIR image sensors but also help to reach new applications.
With the first generation of products already on the market and giants also getting involved in this area, the promise of this technology remains strong. This report explores hybrid QD-Si image sensors that can simultaneously achieve high resolution, low pixel pitch, and global shutter with potentially low costs. Technology analysis and player introductions are provided within the IDTechEx report as well.
Quantum Dots: Illuminating the Future of Lighting?
Existing commercial products are based on QDs’ photoluminescent features and have demonstrated remarkable potential in lighting technologies. They can be integrated into LED lighting systems as color converters, enabling the production of tunable and high-quality white light. QD-based LEDs can achieve excellent color rendering indices (CRI) and color temperatures, making them suitable for a variety of lighting applications, including indoor and automotive lighting. Moreover, the narrow emission spectra of QDs reduce the need for complex filtering, enhancing energy efficiency and reducing light pollution.
Quantum Dots in Photovoltaics: Yes or No?
QDs can be potentially integrated into photovoltaic (PV) devices, leading to the emergence of third-generation solar cells. By engineering the bandgap of quantum dots to match specific regions of the solar spectrum, these cells can efficiently capture a broader range of light wavelengths, as well as enable multiple exciton generation” (MEG) effect, allowing improved light harvesting, higher conversion efficiencies, and better performance under low-light conditions. They can also offer the potential for flexible and transparent photovoltaic applications. The report benchmarked various PV technologies, exploring commercial and technical challenges that need to be overcome.
Quantum Dots: Changing and Expanding Applications?
QDs can provide added value to existing technologies in various applications from both their photoluminescent and electroluminescent features. The potential to reshuffle the supply chain for different case cases also brings new opportunities to relevant players.
With in-depth technological research and analysis on the QD topic, the IDTechEx report “Quantum Dot Materials and Technologies 2024-2034: Trends, Markets, Applications” provides data-driven evaluation and insights from years of accumulation on QD topic research. The roadmap comprehensively examines the integration of QDs for various applications with outlook. Challenges such as toxicity concerns, long-term stability, and large-scale manufacturing techniques and costs must be addressed. Researchers are actively exploring non-toxic and more stable materials to overcome these hurdles. Additionally, advancements in QD synthesis techniques and manufacturing processes are likely to drive down production costs and promote widespread adoption in commercial applications.
The IDTechEx report also provides 10-year market forecasts in area (square meter), weight (ton) and value, and at the material level, for 11 application sectors, including LCD TV, miniLED backlight displays, QD-OLED TVs, QD-μLED TVs, on-chip type, emissive QLED displays, photodetectors, lighting, agricultural films, research and other.
The forecasts draw heavily from IDTechEx’s technology analysis which gives a realistic and expert view of when and how various technologies can become commercially viable compared incumbents, and also from our detailed interviews, deep market insights, and close trend tracking.
IDTechEx has been analyzing the technologies and markets for quantum dots since 2013. Since then, it has stayed extremely close to the latest research and market developments via its interview program and company and conference visits.
Furthermore, IDTechEx has engaged closely with many of its clients, helping them better understand the technology and market landscape and helping them set up their innovation and commercialization strategies.
In its analysis of quantum dots, IDTechEx brings its wealth of expertise in analyzing advanced electronic materials and devices. IDTechEx have been in this business for the past 20 years and, in this time, have closely observed the rise and/or fall, and the success and/or disappointment, of many emerging technologies.
This gives a uniquely experienced eye when it comes to analyzing emerging electronic material technologies. This is crucial because it helps to establish a realistic market and technology roadmap that reflects the true potential of the technology based on its intrinsic characteristics and on the true level of technical and commercial challenges that it faces.
To find out more about the new IDTechEx report “Quantum Dot Materials and Technologies 2024-2034: Trends, Markets, Applications”, including downloadable sample pages, please visit www.IDTechEx.com/qd.
IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact [email protected] or visit www.IDTechEx.com.
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Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications
NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.
Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.
The Challenge and Our Solution
Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.
Why Tangle Network?
Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:
- Proof Generation: Delegate computational tasks to our validators.
- Trusted Setups: Tangle Network manages complex ceremonies for you.
- Secure Signing: Utilize our threshold signing for cross-chain operations.
By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.
- Unparalleled speed, security, and scalability via Substrate.
- Decentralized control through Distributed Key Generation (DKG).
- Advanced protocols for zero-knowledge applications.
- Cross-chain compatibility with IBC and XCM.
- Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
- Smooth, forkless upgrades.
The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.
Testnet Quick Links
- Developers: Start building on Tangle today. Learn More
- Validators and Relayers: Help secure and maintain the network. Learn More
- Join the Community: Follow us on Twitter or join our Discord.
For media inquiries, partnerships, or more information, email us at [email protected]
ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets
SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”
The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).
Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.
Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.
Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges. ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.
For detailed insights into ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr&type=article
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.
CONTACT: Jacelynn Pang, [email protected]
BingX Collaborates with WunderTrading to Elevate Crypto Automated Trading
SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.
WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.
The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.
Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”
As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.
BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit https://bingx.com to learn about BingX.
- Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications
- ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets
- BingX Collaborates with WunderTrading to Elevate Crypto Automated Trading
- OKX Proof of Reserves Ranked Highest Quality Among Major Exchanges as 11th Consecutive Monthly Reserves Report is Published
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