The Ministry of Digital Development and Transport of the Republic of Azerbaijan (MDDT) has announced the events it will organize within the framework of the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29).

These events include a high-level roundtable on “Green Digital Action”, a ministerial roundtable on “Green Urban Transport”, “Sustainable Digital Middle Corridor and Beyond”, and a high-level panel discussion on “International Aviation and Climate Change”.

The high-level roundtable on “Green Digital Action”, which will take place on 16 November as part of the Science, Technology and Innovation/Digitalization Day, will focus on issues related to the impact of digital technologies on combating climate change. The roundtable will cover topics such as “Integrating digital innovation into climate strategies”, “Improving climate monitoring and adaptation through digital tools”, “Addressing the environmental impacts of digitalization”, “Showcasing successful sustainability initiatives”, and “Enabling future collaboration to align digital transformation with global climate goals”.

The ministerial roundtable on “Green Urban Transport”, which will take place on 20 November within the framework of the Urbanization, Tourism and Transport Day, will focus on a thematic in-depth study on “Greening Urban Transport”. The event will enable collaborative planning between countries, the development of sustainable infrastructure and the inclusion of sustainability in countries’ policies. The roundtable is expected to develop effective strategies for integrating sustainable urban transport into national, regional and city planning frameworks. The event will also foster closer cooperation among stakeholders and governments to accelerate the decarbonization of urban transport.

The next roundtable on “Sustainable Digital Middle Corridor and Beyond”, which will be held during the Urbanization, Tourism and Transport Day, will discuss recent advancements and future initiatives related to promoting sustainability and digitalization in the Middle Corridor and in other corridors globally. The event will bring together ministers and heads of organizations from the region and beyond.

The roundtable will serve as a high-level platform for in-depth discussions on the development of sustainable and reliable transport networks. At the same time, it will enhance regional cooperation to improve interoperability and combat climate change.

A high-level panel discussion on “International Aviation and Climate Change” will be co-organized by the Ministry of Digital Development and Transport,  Ministry of Energy of the Kingdom of Saudi Arabia and the International Civil Aviation Organization (ICAO). The event will bring together ministers, government officials, industry leaders and stakeholders to engage in meaningful dialogue on the most recent  advancements in the decarbonization of international aviation.

The international aviation sector accounts for nearly 2.0% of total global CO2 emissions, which are relatively small compared to other sectors, but projected to increase in the near future. As the demand for air travel continues to surge, these emissions are expected to rise significantly unless decisive and proactive measures are implemented to curb them.

It should be noted that it is impossible to find a reliable alternative to liquid fuels in the aviation sector in the near future. Thus, there is a need for urgent global action to accelerate the global scale up in development and deployment of sustainable aviation fuel (SAF), low-carbon aviation fuels (LCAF), and other cleaner energy sources in order to achieve the long-term global aspirational goal for international aviation (LTAG). The event is aligned with ICAO long-term global aspirational goal of achieving Net-Zero Carbon Emissions by 2050 for international aviation.

Media Contact

Organization: Innovation and Digital Development Agency (IDDA)

Contact Person: Farida

Website: https://www.idda.az/

Email: Send Email

Country: Azerbaijan

Release Id: 07112419597

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Baltimore, MD – November 7, 2024 – The technology and investment communities are closely watching as a major satellite internet provider moves towards a potentially record-setting public launch, projected by James Altucher to take place by December 31, 2024. Altucher expects that its groundbreaking entry into the public market will transform the telecommunications landscape, offering high-speed, global internet access through a satellite network that functions independently of conventional infrastructure.

Expert Analysis from AI Expert James Altucher

James Altucher, a renowned investor known for his early work in AI, brings a unique perspective to this impending technological shift. Altucher, known for his early recognition of transformative opportunities, leads a research team that’s been examining the far-reaching impact of this potential IPO. With decades of experience and a reputation for groundbreaking insights in technology and finance, Altucher’s analysis focuses on how satellite internet could reshape various industries and create new growth pathways.

“We are on the cusp of an unprecedented shift in connectivity,” Altucher observes. “As satellite technology pushes the boundaries of what’s possible, its ripple effects will likely reshape sectors far beyond telecommunications.” His research explores how the shift may present strategic opportunities for businesses and sectors aligned with this breakthrough.

Revolutionizing Global Connectivity

With satellite technology that sidesteps the need for cell towers and ground cables, this new provider is positioned to bring fast, reliable internet to regions around the world. This pioneering model could redefine digital access, particularly for remote and underserved areas, by introducing a new standard in connectivity. Experts suggest this launch could drive other telecom companies to rethink their own infrastructure and strategy as the industry embraces the new possibilities introduced by satellite internet.

Industry Impact and Market Disruption

In addition to its practical applications, the arrival of this satellite internet company may spur significant changes across the technology and communications sectors. Traditional telecom providers have relied on physical infrastructure, a model now challenged by a satellite-based approach capable of reaching almost any point on the globe. This technology could influence how both established firms and emerging players approach connectivity, potentially reshaping the industry’s competitive landscape.

About James Altucher

James Altucher is a distinguished entrepreneur, venture capitalist, and best-selling author celebrated for his role in pioneering AI and for his early calls on transformative tech trends. With a model portfolio that includes accurate predictions on advancements in sectors like digital media and blockchain, Altucher’s insights have helped shape the strategies of countless investors and innovators looking to stay ahead of market trends.

Media Contact

Organization: Paradigm Press

Contact Person: Derek Warren

Website: https://paradigmpressgroup.com/

Email: Send Email

Country: United States

Release Id: 07112419539

The post Groundbreaking Satellite Internet Company Expected to Redefine Connectivity appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

As the global new energy vehicle (NEV) market grows rapidly, data management has become a key driver of innovation and optimization in the industry. NEVs generate vast amounts of data during operation, from vehicle status information and driving behavior data to energy consumption data. This data has the potential to enhance vehicle performance, optimize energy management, and advance smart driving technology. However, existing centralized data management systems face challenges in meeting the increasing demands, with issues like data silos, high security risks, and high transaction costs. The Ecosystem Drive Ledger (EDL) project was developed to address these needs, utilizing innovative distributed ledger technology to provide a secure and efficient data management solution specifically for the NEV industry.

At the core of the Ecosystem Drive Ledger project is the Directed Acyclic Graph (DAG) data structure, which addresses the limitations of traditional blockchain technology in handling high-frequency, micro data transactions. Unlike blockchain’s linear structure, DAG allows for parallel processing of multiple data chains, significantly enhancing data processing speed, making it possible to efficiently manage the vast data generated by NEVs. In addition, Ecosystem Drive Ledger has introduced a zero transaction fee mechanism, making micro-transactions more feasible and cost-effective. This feature reduces data transaction costs for companies and users, fostering a free flow of data and paving the way for unlocking data value within the NEV sector.

Ecosystem Drive Ledger also excels in data privacy and security. To counter growing threats to data security, EDL implements multi-layered privacy protection measures, including strong encryption, access control, and zero-knowledge proofs. These protections ensure that data remains secure while also protecting user privacy. The Ecosystem Drive Ledger system uses smart contracts to automatically execute data transactions, making the process transparent, fair, and resistant to human intervention and potential malicious attacks. Access control mechanisms empower users with full control over data access, allowing them to share data securely, which builds trust and facilitates data sharing.

The Ecosystem Drive Ledger project has also created an open data trading platform that breaks down long-standing data silos in the NEV industry, enabling cross-organizational and cross-industry data sharing. Through this platform, companies, research institutions, and government agencies can leverage data resources more effectively, driving technological innovation, informing policy decisions, and supporting market forecasts. By leveraging real data analytics, the NEV industry can optimize vehicle performance, enhance user experiences, reduce energy consumption, and support the development of smart driving technologies. The data flow enabled by Ecosystem Drive Ledger not only accelerates the industry’s progress toward intelligence but also injects continuous innovation into the NEV ecosystem.

A key feature of the Ecosystem Drive Ledger project is the realization of data assetization. Leveraging distributed ledger technology, Ecosystem Drive Ledger transforms data into a tradeable asset rather than simply a carrier of information. Vehicle owners, businesses, and service providers can securely trade their data to generate financial returns. This mechanism incentivizes data production and sharing, enhancing the commercial value of data. The introduction of smart contracts automates the data trading process, ensuring fairness and security for both buyers and sellers, creating a transparent and trusted data marketplace. This marketplace not only enhances data liquidity but also accelerates data value discovery, ushering the NEV industry into a new, data-driven era.

Looking ahead, the Ecosystem Drive Ledger project will continue to explore additional application scenarios, supporting the NEV industry’s journey toward intelligence and digital transformation. Ecosystem Drive Ledger is more than a data management platform; it is a powerful engine for industry innovation. Through its efficient data management approach, Ecosystem Drive Ledger provides the industry with smarter, safer, and more economical mobility solutions, further strengthening the NEV sector’s competitive edge. Ecosystem Drive Ledger also plans to integrate quantum-resistant encryption to prepare for future quantum computing threats, ensuring long-term security and stability. This forward-looking approach equips Ecosystem Drive Ledger with adaptability and growth potential.

In summary, the Ecosystem Drive Ledger project is revolutionizing data management in the NEV industry by integrating cutting-edge distributed ledger technology. Through its advanced technical architecture, efficient data flow mechanisms, robust privacy protections, and diverse commercial models, Ecosystem Drive Ledger is driving the intelligent transformation of the NEV industry and laying a strong foundation for global smart transportation and sustainable mobility solutions. By prioritizing secure, cost-effective, and transparent data management, Ecosystem Drive Ledger empowers businesses, vehicle owners, and service providers alike to unlock the full value of NEV-generated data. Moving forward, Ecosystem Drive Ledger is committed to continuous innovation and expansion within the NEV sector, actively exploring new application scenarios and advancing its technology to meet the evolving demands of the market. This dedication to excellence will propel the global NEV industry toward a smarter, more efficient, and sustainable future.

Contact name: Saif

Company name: HRG

Website :https://hrginvestment.com/

Country: UAE