Blockchain
CalAmp’s LoJack Italia Unveils iOn™ Tag and iOn Vision to Improve Safety and Efficiency of Goods and Drivers During Transport Across Europe
CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, today announced its subsidiary, LoJack® Italia, a leader in stolen vehicle recovery (SVR) and innovative telematics services, unveiled iOn™ Tag and iOn™ Vision for commercial fleet and supply chain operators to provide for the timely and safe delivery of vital goods and assets across Europe, while improving driver safety and transportation efficiency.
These new smart solutions, supported by Artificial Intelligence (AI) and data analytics, were announced for the Italian market by Massimo Braga, deputy general manager of LoJack Italia, at a roundtable titled, Road Transportation in Trouble: A Sector That Gives Without Receiving, during #FORUMAutoMotive held in Milan.
iOn Tag Delivers Continuous Shipment Visibility
iOn Tag is a sensor that looks like a small label and is capable of tracking and protecting vital goods and assets. The sensor communicates with a telematics device onboard the vehicle using Bluetooth. When an iOn Tag is placed on a package transported in a commercial vehicle, it signals the presence or absence of the goods in real-time, while the device signals the exact position of the vehicle in real-time.
iOn Tags can be placed on any asset to:
- Determine exact location of the asset in real-time
- Report the asset’s pick up or drop off from a vehicle managed by the logistics operator
- Limit theft and fraud by immediately reporting route anomalies
- Enable driver identification and authorization for asset pick-up and delivery
- Monitor high-value assets such as perishable food, pharmaceuticals or equipment onboard a fire truck, ambulance or service vehicle
- Enable timely and safe student transport via school buses by monitoring student pick up and drop off
iOn Vision Improves Driver Safety and Transportation Efficiency
iOn Vision is a fully integrated video telematics solution that provides fleet operators and service providers with actionable and deterministic video insights that mitigate liabilities and improve fleet safety.
The solution features self-installed, road-facing and driver-facing cameras along with a CalAmp WiFi-enabled telematics edge device and video server. This system detects visual triggers and audibly alerts the driver to stop signs, speeding and other road safety issues. Inertial triggers indicate and store hard braking, harsh cornering or rapid acceleration, providing fleet operators with an accurate assessment of driver behavior to improve driving habits, efficiency and fleet safety under ever-changing road conditions.
Through tight integration with CalAmp’s CrashBoxx® service, iOn Vision captures direct video evidence of collisions for detailed crash reports and accident reconstructions facilitating investigations to minimize liability. Cameras can also be installed in truck trailers to measure available space, thereby maximizing transport loads.
“For more than a decade, LoJack and CalAmp have been working to redefine telematics solutions and drive greater value for our customers and partners,” said Massimo Braga, deputy general manager of LoJack Italia. “iOn Vision and iOn Tag resulted from this commitment and represent the finest telematics solutions we’ve produced to help fleet and supply chain operators protect drivers and others on the road, as well as the vital assets and goods they transport every day across Italy and throughout Europe.”
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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