Industry captains place big bets on new-age tech
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January 1, 2019
asked top company bosses how they see disruptive technologies such as artificial intelligence, blockchain and 5G impacting Indian firms.
Prasad Mandava, MD (India) and VP (Engineering), Akamai
Thoughts on AI (Machine Learning, Deep Learning), Blockchain, IoT, AR-VR, 3D Printing, Automation and Robotics.
All these technologies hold promise in time to come. At Akamai, we’re thinking ahead to 2020 in fact. In the area of blockchain for example, we entered into a partnership with MUFG, one of the world’s leading financial groups, to offer a new blockchain-based online payment network enabling next-generation payment transaction scale and responsiveness. This hyper-scale payment network, powered by an innovative and newly-developed blockchain architecture, is designed to be capable of processing more than one million transactions per second at latencies of less than two seconds per transaction. The underlying blockchain architecture is expected to be extensible to 10 million transactions per second. MUFG and Akamai intend to leverage the technology, built and deployed on the Akamai Intelligent Platform, to offer a new payment network expected to be available in Japan during the first half of 2020.