Could Bitcoin Trading Volume Really 100X in Four Years? – Cointelegraph

In its latest report cryptocurrency data provider Coin Metrics predicted that Bitcoins daily volume could eclipse that of the U.S.equity market, if growth rates are maintained. But how likely is it really?

The report cites Bitcoin as an asset class with incredible growth potential due its low trading volume compared with more traditional markets:

The interpretation is that Bitcoin, in its current state, is most comparable in size to a large capitalization stock rather than a distinct asset class.

Bitcoins daily spot market volume is currently $4.1 billion in USD markets according to Coin Metrics its dwarfed by the U.S. equity, bond and global FX markets at $446 billion, $893 billion and $1.98 trillion respectively.

Bitcoin volume compared to major asset classes. Source: Coin Metrics

But Coin Metrics projects an exponential increase in daily volume:

If historical growth rates can be maintained, however, Bitcoins current daily volume from spot markets of $4.3 billion would need fewer than four years of growth to exceed daily volume of all U.S. equities. Fewer than five years of growth are needed to exceed daily volume of all U.S. bonds.

To achieve this, Bitcoins current volume would need to increase by more than 100X from Coin Metrics current figure to exceed the daily volume of U.S. equities. This also assumes no growth in the equity market between now and 2024.

Bitcoin spot volume projection. Source: Coin Metrics

While it seems a tall order, Coin Metrics suggests that not only could Bitcoin trading volume overtake these major asset classes within five years, but it has the potential to reach $1 trillion by 2025. This would be incredible growth from a young and emerging market in order to outpace one that has existed for over 200 years.

The report discusses the difficulty in accurately measuring Bitcoins daily volume with different methods yielding significantly different results. The biggest market by far is the derivatives market which accounts for $13.9 billion in trading volume, however this is still a developing market and isnt included in the main analysis:

If reported volumes are to be believed, gaining exposure through derivatives markets may be the most efficient path. However, crypto derivative markets are still developing, and market participants must contend with a confused mixture of differing contract specifications.

The reported $4.1 trading volume comes from stablecoins dominated by Tether ($2.3 billion), fiat markets ($1.2 billion), and cryptocurrency exchanges ($0.5 billion).

Coin360 and CoinMarketCap report Bitcoins trading volumes of over $9 billion and over $25 billion respectively, casting confusion as to which is the most accurate figure. However the Coin Metrics data refers to U.S. dollar volume.

Bitcoin volume distribution by exchanges. Source: Coin Metrics

Coinbase, Bitstamp, Bitfinex, and Kraken account for 90% of the $500 million in reported daily volume.

The second half of 2020 will be defining as many analysts are predicting the setup for a new bull run. Should the bull run eventuate, not only will this increase trading volume but it will also see new investors and institutions entering the market which makes an exponential increase of 100x in the coming years all the more likely.

But the focus may also turn from Bitcoin to other coins as the novelty of an emerging financial market wears off and is replaced with a more technology-focused market.

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Could Bitcoin Trading Volume Really 100X in Four Years? - Cointelegraph

Bitcoin and Black America Author: Protest by Buying BTC – Cointelegraph

Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the real enemy a legacy financial system that shuts out African Americans.

Jackson spoke to Cointelegraph on June 4, saying he welcomed pictures on social media of protesters holding up signs promoting the cryptocurrency.

He said the result of black people being shut out of the economic system was tragedy. "When the economic system is broken ... no matter how hard you try, you get pushed to areas where police oversight is very heavy. You get these clashes and police start killing black men and it's all just a domino effect, he said. "So I think them holding signs is them saying, Hey once this is over, remember who the real enemy is.

Jackson cited economic factors including the Federal Reserve printing money and 40 million people unemployed. What is the strategy we could leverage for our community in the future? he said. I think they just realize Bitcoin could be that, so [Im] glad to see it.

The death of George Floyd has thrown the country into turmoil, with protesters calling for police reform and equal access to justice. A few are even pushing Bitcoin as a solution, with Jacksons name and book title appearing on signs at protests in North Carolina, New Jersey, and even London.

Hes supportive of protesters on the streets worldwide, but Jackson also sees buying Bitcoin (BTC) as an alternative solution. Hes been telling audiences on his tour for the book which was published mid 2019 that Bitcoin is a peaceful protest, long before Binance CEO Changpang Zhao expressed the thought in a Tweet on June 1.

I usually say that that the most peaceful protest you can do is simply buying Bitcoin on a regular basis, because you're just moving your money out of this system into what I believe is a better and hard money system that can be used in the future.

Despite the benefits Jackson talked about, cryptocurrency adoption isnt mainstream among the African American community yet. The author estimated that within the black community maybe less than 10% use Bitcoin and less than 1% actually use it regularly.

He also drew a parallel between the way some in the media reported on black communities, and how some reported on Bitcoin.

Honestly, the perception of Bitcoin in the media has been eerily close to how black people have been perceived, said Jackson, which includes a lot of lies and projection based on misinformation.

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Bitcoin and Black America Author: Protest by Buying BTC - Cointelegraph

US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines | News – Bitcoin News

Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering.

According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract greaterregulatory focus in a bid to rein-in alleged cross-border illicit financial transfers.

Jeffries urged the need for more uniform regulatory enforcement and compliance as governments start to crack down on crypto-infused automated teller machines.

This comes as Ciphertrace released a report showing that cross-border transactions accounted for 74% of bitcoin moved between exchanges in 2019. Of this, 88% of funds leaving the United States through bitcoin ATMs were sent to cryptocurrency exchanges abroad mostly to high-risk platforms.

The amount of money wired to overseas exchanges at high-risk has grown rapidly, doubling every year since 2017, said the crypto intelligence firm, in the report published on June 2, 2020. The report did not provide specific figures on the extent of capital leaving via BATMs.

High-risk exchanges are nefarious exchanges known for facilitating criminal activities and money laundering, according to Ciphertrace. These types of exchanges may not be inherently criminal, but illicit transfers through the platforms are cause for concern, it said.

Until now, bitcoin-facilitating machines which total about 8,000 worldwide have appeared to operate outside national anti-money laundering (AML) laws, attracting users keen on privacy the wrong crowd, in governments eyes.

In Canada, regulators have become stricter on bitcoin ATM transactions, recently passing a law that compels operators to report all deals above 10,000 Canadian dollars (about $7,400), as part of measures to prevent money laundering and terrorism financing.

Germany, Spain and the United States are all cracking down on bitcoin ATMs, both for tax and AML purposes. The crypto teller machines allow users to buy and sell cryptocurrency. They can also work in remittances, allowing transactions between two fiat currencies, underpinned by bitcoin.

What do you think about regulators going after Bitcoin ATMs? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Bittrex, Poloniex Added to Lawsuit Claiming Tether Manipulated Bitcoin Market – CoinDesk – CoinDesk

A lawsuit alleging stablecoin issuer Tether and sister exchange Bitfinex manipulated the bitcoin market is getting bigger.

On Wednesday, cryptocurrency exchanges Bittrex and Poloniex became the latest defendants accused of fraudulently toying with crypto asset prices in an ongoing class action whose plaintiffs have been pursuing Tether and Bitfinex on allegations of fraud, deception and market-manipulation since October 2019.

The 156-page amended suit filed Wednesday continues to allege that Tether and Bitfinex orchestrated a grand scheme to launder and circulate billions of allegedly unbacked USDT stablecoins through the market to the detriment of their customers the crux of plaintiffs Matthew Script, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz and Pinchas Goldshteins case.

Plaintiffs further claim that Poloniex and Bittrex were essentially backdoor conduits in that scheme. They claim the pair set up wallet addresses specifically to receive huge USDT transfers and knew that Bitfinex was the one sending it along.

Given the size and regularity of these transfers through a mechanism they created for that exact purpose and their perfect visibility into the transactions, Bittrex and Poloniex knew the manipulative effect of the transactions on their exchanges, the plaintiffs allege.

The plaintiffs point to USDT inflow patterns as evidence. On Feb. 6 2018, for example, they allege Bitfinex transferred $2 million of allegedly valueless USDT to Poloniex right when bitcoin was hitting a low for the day. A cross-crypto market rally and higher trading volumes ensued.

For otherwise peripheral exchanges, these large trades of purportedly fiat-backed USDT created an impression of legitimacy and consumer trust, leading to further trades and fees for the two exchanges, the suit alleges.

They also allege that the cabal coordinated USDT transfer patterns in response to the news of the day, including in the wake of the Tether Report.

Stuart Hoegner, Bitfinex and Tethers in-house counsel, called the amended lawsuit untethered to either the facts or the law in a statement emailed to CoinDesk. Plaintiffs conflate perceived correlation with causation in an effort to prop up theories that are untrue and unsupportable, he said.

Poloniex did not immediately respond to requests for comment and Bittrex could not be immediately reached.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Bitcoin set to ‘soar in value’ this year, says deVere chief – International Investment

Bitcoin - already one of the year's best-performing assets - is likely to "soar in value" this year with central banks' money printing agendas and a spike in public interest, the CEO of deVere Group said this morning.

The bullish comment from deVere Group's founder, Nigel Green, follows a wider positive investor sentiment regarding the leading cryptocurrency. This week Bloomberg analysts said in a note that the digital currency could jump to $20,000 in 2020.

Green affirmed: "Bitcoin price is already up around 30% from the beginning of the year, putting it on track to be one of the year's best-performing assets.

Bitcoin price is already up around 30% from the beginning of the year, putting it on track to be one of the year's best-performing assets."

"I believe it would be surprising not to see Bitcoin soar in value further throughout this year for three key reasons.

Bitcoin underwent a scheduled "halving" last month, which led to an itial fall against the dollar. But the world's most popular cryptocurrency has since recovered its losses.

"First, the massive money-printing, or quantitative easing, programmes currently being rolled-out by central banks around the globe devalue traditional currencies and provide a boost for other recognised stores of value, such as Bitcoin and gold.

"Second, the global health emergency has been accelerating the demand and need for digital money.

"And third is that it is a legitimate hedge against longer-term inflation concerns."

He continued: "Globally, we have seen client interest in Bitcoin, and other cryptocurrencies such as ETH, spike since the beginning of May.

"There's been about a 25% month-on-month jump in enquiries about deVere Crypto, our crypto exchange app.

"We largely attribute this to the pandemic collectively focusing minds on readjusting to a new world.

"Of course, our lives in this new era, which was on its way but which has been ushered in faster due to Covid-19, will be increasingly tech-driven. This includes our financial lives, meaning digital currencies such as Bitcoin, amongst other fintech [financial technology] solutions."

Geopolitical risks, including the heightening of U.S.-China tensions, Brexit and the U.S. presidential election can also be "expected to serve as a boost for Bitcoin" says Mr Green.

"Investors will increase exposure to decentralized, non-sovereign, secure digital currencies, such as Bitcoin, to help shield them from the potential issues in traditional markets."

The deVere CEO concluded: "2020's global public health emergency, the record-shattering policies implemented to soothe economic downturns, political uncertainty and social unrest can be expected to drive the price of Bitcoin upwards."

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India is trading more Bitcoin now than ever – Decrypt

Bitcoin trading in India is on fire.

Over the past month, data from analytics site Useful Tulips indicates that more Bitcoin has changed hands on local, peer-to-peer exchanges in India than ever before. Whats more, relative newcomer Paxful has recently overtaken LocalBitcoins as the exchange of choice in India.

Bitcoin trading on Paxful within India surged to $1.48 million on May 10, while competing exchange LocalBitcoins saw more than $1.25 million in BTC traded. The combined total, roughly $2.7 million, comes close to matching the all-time high of $2.9 million in December 2017. Despite the spike in late December, however, the growth in BTC volume on P2P exchanges in May is so far unmatched, as data from Useful Tulips demonstrates a clear upward trend.

The Indian market holds great potential and importance for the future of the crypto economy, Paxful CEO Ray Youssef said in a statement. People in India are betting big on Bitcoin, which is presenting an opportunity for greater financial returns. We are actively focusing our efforts on bringing cryptocurrency to the masses across the nation to aid in the eradication of poverty, boost economies and create jobs.

Up until early March of this year, India had a ban in place that disallowed banks from doing business with Bitcoin and cryptocurrency firms. The nations Supreme Court struck down the ban after deeming it unconstitutional, though this was only a few weeks before the coronavirus took its hold on much of the globe and the initiation of several national lockdowns occurred.

During this time, Bitcoinwhich had been trading above the $10K mark during the previous monthlost more than half its value within just weeks and fell into the $4,000 range. That could explain the dip in Bitcoin trading at the time. Volume dropped to a yearly low of around $1.5 million at the end of March in India, which falls in line with worldwide trends.

Besides the changes in the way local law treats crypto, the current state of Indias economy may also have something to do with the growth of BTC trading in the region. Indias national currency, the rupee, currently suffers from a yearly inflation rate of 9.66%, which is considerably greater than the rupees average annual inflation rate of around 4.72%. By comparison, the inflation rate of the US dollar is 2.31%.

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India is trading more Bitcoin now than ever - Decrypt

Open Source Software to Drive Telecom’s Innovation Agenda by 2025 – PRNewswire

LONDON, June 4, 2020 /PRNewswire/ --Open source software (OSS) serves as the foundation of IT infrastructure worldwide, allowing e-commerce platforms and innovative over the top (OTT) players to bring services to market quickly. OSS is gradually driving the innovation agenda for communications service providers (CSPs), and by extension, it is now challenging the dominance of proprietary solutions in the telecoms industry. OSS holds the potential to play a key role in telco cloud deployments, a market that will potentially grow to US$29 billion by 2025, finds global tech market advisory firmABI Research.

CSPs that wish to keep abreast with OTT and web scale companies may have to implement the same technologies and agile processes to stay competitive and rapidly innovate. OSS and by extension, cloud technologies, promise nimbleness, but whether CSPs can seize the opportunity remains to be seen. Telecoms are driven by standard bodies that have long cycle times to next-generation technologies. On the other hand, open source is characterized by an agile approach that moves faster. "Though CSPs are at different timeslots in their digitalization journey, they should collectively propel the open source agenda forward. A close collaboration between standard bodies and open source communities is a step in that direction," says Don Alusha, Senior Analyst at ABI Research.

Furthermore, a key consideration before OSS garners vendors' support is the means of monetization. There are two main monetization models that vendors can potentially use to commercialize OSS. Namely, there is the support model and the alternative where the core of the product is open source, but vendors add proprietary bells and whistles on top. Red Hat pioneered the support model and it remains the leading vendor in commercializing OSS using that option. Other companies such as Cloudera and Hortonworks have successfully embraced underlying OSS to offer enterprise-grade modules under a commercial license.

In telecoms, the adoption of OSS is already underway among CSPs and it will almost certainly be mainstream by 2025. For example, CSPs like Orange and Bell Canada have created internal open source groups in a bid to become more well versed in interacting with community-developed software. To that end, CSPs no longer hold reservations in adopting OSS but are now considering ways to include it in their network operations and commercial undertakings. In fact, the industry at large stands to benefit from OSS innovation with the introduction of IT and cloud solutions. But, unlike the IT domain, telecoms infrastructure is characterized by stringent performance, reliability and security requirements that require telco-specific arrangements.

"Commercial models notwithstanding, telco vendors like Ericsson, Huawei, Nokia and ZTE can potentially leverage OSS to realize performance and scalability as they transition their products to cloud-native equivalents. At present, OSS serves as an enablement technology for these vendors as opposed to building a business out of OSS. But eventual diffusion of 5G may well mean that vendors will need to invest significantly in open source projects to develop carrier-grade products and services in next 5 years. When that take place, vendors will need to channel time and investment to establish a presence in open source communities," Alusha concludes.

These findings are from ABI Research's Open Source in the Telecoms Marketapplication analysis report.This report is part of the company's5G Core & Edge Networksresearch service, which includes research, data, and ABI Insights.Based on extensive primary interviews, Application Analysisreports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.

ABI Research1990

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visitwww.abiresearch.com.

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Global Deborah Petrara Tel: +1.516.624.2558 [emailprotected]

SOURCE ABI Research

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Open Source Software to Drive Telecom's Innovation Agenda by 2025 - PRNewswire

The Road to DevSecOps: Addressing the Challenges of Open Source Software – Security Boulevard

Although software is significantly changing our work, home, and personal lives, many dont realize that todays software is made up of numerous ingredients. Some of the software we use daily contains pieces of custom code thats developed internally by an organization, while other pieces of code come from community-driven open source projects that end up being baked-in to the final applications we utilize. Therefore, a combination of custom and open source code is employed by organizations who deliver the software products and services we often take for granted

The adoption of open source by software development teams has dramatically changed the software industry overall. Instead of building all software from scratch, organizations use open-source components to their advantage, providing common or repetitive features and functionalities. This primarily limits the use of custom code to proprietary features and functionality, while also being the shoestring that ties everything together. Subsequently, developers spend much of their time on key differentiators, rather than recreating common features.

Todays modern applications are made up of a significant percentage of open source and over 30M developers contribute to community-based platforms like GitHub, accelerating open source softwares acceptance and usage. In fact, analysts report that 95% of organizations consume open source software within their own mission-critical IT portfolios. As a result, organizations must recognize, accept, and oversee how and where open source is used in the products and services they deliver to the industry as a whole.

The practice of using open source components, libraries, and packages during software development does allow organizations to accelerate time to delivery, but it can also expose organizations to heightened levels of risk. For example, organizations that use open source are exposed to new security risks that materialize as a result of attackers taking advantage of the broad usage and open nature of open source. In addition, organizations are exposed to license risk, since open source components are governed by licenses (e.g., GPL, Apache) that set terms for the use of the components. And finally, organizations are exposed to operational risk (e.g., technical debt), because the open source support model depends on a community of contributors. Unfortunately, a community can abandon a particular component, version, or fork, and then the organizations using it in their software are left to patch it or evolve it. Thats the technical debt, effectively.

By using open source, organizations and development teams are trusting the open source community to update and maintain the components, release patches, and monitor for security issues. Diminishing community contributions, outdated component versions, and other similar factors increase exposure to operational risks and can increase the cost of support for a software component in use within an organizations codebase. This can increase the potential that an organizations developers need to spend time and resources performing new development to ensure the security and functionality of a component.

Although organizations acknowledge a heightened level of risk, unfortunately, most dont effectively track or manage open source throughout their entire codebase and cannot easily address the widening hazards they face. Todays organizations often lack automated, repeatable processes for open source usage, risk management, and remediation. For example, organizations may have no process in place for:

Clearly, in todays fast-paced development, delivery, and deployment models like DevOps, organizations need a software security solution that addresses open source challenges more than ever before. Checkmarx is committed to addressing this need head-on.

Checkmarx Software Composition Analysis (CxSCA) is the perfect solution for organizations who desire to further embed security within their DevOps initiatives by detecting and identifying open source components within their codebase and providing detailed risk metrics regarding vulnerabilities, potential license conflicts, and outdated libraries. Integrated as part of a secure SDLC and CI/CD pipeline, CxSCA enables development and security teams to prioritize and focus remediation efforts where they will be most effective and least costly.

Leveraging Checkmarxs industry-leading source analysis technologies, CxSCA is able to provide greater insight into open source security risks by verifying vulnerable conditions within the source code to determine whether vulnerabilities are actually exploitable and helping to prioritize risks for efficient and effective remediation. When used together, CxSAST and CxSCA allow organizations to secure both custom code and open source by focusing on generating results with the greatest accuracy and reducing the noise that distracts organizations from their true goal developing secure, high-quality software with great efficiency.

The Checkmarx approach to SCA is considered superior to other solutions in the market that rely on partnerships and complex integrations to do what Checkmarx does natively. Our cross-product synergies between CxSCA and CxSAST enable organizations to secure both custom code and open source while minimizing the burden of user administration and scan management via unified plugins. Checkmarx is also embracing the new role of developers as the first line of defense, while many other security approaches continue to focus on security teams as the gatekeepers of software security. This tactic allows Checkmarx customers to deploy software on aggressive DevOps release schedules, without sacrificing on security standards.

Checkmarxs mission is to deliver a complete suite of application security testing (AST) solutions to those responsible for securing software without impeding those responsible for developing and deploying it. We have the tools, techniques, solutions, and services to help organizations achieve, deliver, and ship more-secure software, which is now becoming the goal of every organization, developer, and security team member.

To learn more about CxSCA, or how to enhance your AST portfolio with both CxSAST and CxSCA, please request a demo here.

Stephen Gates is an experienced writer, blogger, and published author who brings 15+ years of hands-on knowledge in information security to the Checkmarx team. Stephen is dedicated to conveying facts, figures, and information that brings awareness to the cybersecurity issues all organizations and consumers face. Aligning with Checkmarx mission of improving software security for all organizations, he is an advocate and promoter of their solutions worldwide.

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The Road to DevSecOps: Addressing the Challenges of Open Source Software - Security Boulevard

Assessment of Global and Chinese Automotive Operating System Markets, 2019-2020 – GlobeNewswire

Dublin, June 03, 2020 (GLOBE NEWSWIRE) -- The "Global and China Automotive Operating System (OS) Industry Report, 2019-2020" report has been added to ResearchAndMarkets.com's offering.

With advances in smart cockpit and intelligent driving, and enormous strides of Tesla, OEMs care more about automotive operating system (OS). Yet, it is by no means easy for both new carmakers and traditional OEMs to develop base software for intelligent cars. It is in the report that world's vehicle OS vendors are compared and analyzed.

Auto OS is generally classified into four types:

OEMs are not only striving to gain control of vehicle base software and hardware and apt to use neutral OS, but exerting itself to reduce the development cycle and costs by more collaborations and leveraging open source software organizations.

Preference to Neutral and Free OS

It can be seen in the table below that most Chinese automakers select Android, while foreign peers choose AGL. Both Android and and AGL are neutral and free operating systems.

AGL now has the support of 11 OEMs including Toyota, VW, Daimler, Hyundai, Mazda, Honda, Mitsubishi, Subaru, Nissan, SAIC , etc.

AGL addresses 70% of OS development work, while the remaining 30% can be developed by OEMs. This facilitates development progress and cuts costs significantly.

More than 140 AGL members work together to develop a common platform for infotainment, which will be further available to ADAS, OTA, gateway, V2X and automated driving in the future.

ANDROID ecosystem, compared with AGL, is more mature and widely used by Chinese OEMs. However, OEMs felt risky to apply ANDROID as Google banned Huawei from using the Google Mobile Services (GMS) on Huawei phones in 2019, giving vitality to other operating systems. For instance, AliOS has already been seen in at least nine auto brands.

Reduce Development Cycle and Costs with the Help of Open Source Software Organizations

The GENIVI Alliance was jointly founded by giants like BMW, GM and Intel in 2009, aiming to offer applicable standards and open source codes for in-vehicle infotainment (IVI) platform. The alliance associates with the users of Android, AUTOSAR, Linux, and other in-car software and the solution suppliers to form a productive and collaborative community of 100+ members worldwide encompassing leading automakers, Tier 1 suppliers, semiconductor suppliers, software developers and service providers. GENIVI alliance always leads in field of open source cockpit software development.

The successful operation of GENIVI Alliance shows the industry's urgent need to reduce development costs and avoid the duplication of development via open source software organizations.

The Autoware Foundation is a non-profit organization founded in Dec. 2018, aiming to develop open source software for autonomous vehicle. With nearly 40 members globally, Autoware is adopted by over 200 organizations in the world.

IT firms Marry Cars and Various Smart Hardware via OS

LG acquired webOS (developed by Palm) from HP in 2013, and then extended webOS as a mobile phone OS to the suitable one for TVs, smart refrigerators, smart watches and smart cars. At present, LG has sold millions of its webOS-enabled Smart TVs. In the early 2020, LG's webOS is increasingly seen in automotive sector.

Samsung has ambitious plans for Tizen, an open operating system, which has already been found in Samsung's wearables and smart fridges, and will be applied to floor mopping robots, washing machines, air conditioners and even cars in future.

Huawei does alike in Harmony OS, a microkernel-based, distributed OS designed to deliver a 'smooth experience' across all devices in all scenarios. It enables seamless cross-terminal synergy across multiple devices and platforms including smart phone, TV, Tablet PC and automotive infotainment.

IT companies are attempting to realize intelligence of all scenarios from mobility, home to office by centering on OS. It remains to be seen whether OEMs will adopt the plan and when the plan will be actually carried out.

Companies Mentioned

Key Topics Covered

1. Overview of Auto OS1.1 Definition and Classification of Auto OS1.2 Basic Auto OS1.2.1 Introduction to Basic Auto OS1.2.2 Market Share of Basic Auto OS1.3 Customized Auto OS1.3.2 Comparison of Customized Auto OS1.3.3 Chip Makers and OS Customized Partners1.4 ROM Auto OS1.5 Automotive Phone Mapping System1.6 Hypervisor1.6.1 Introduction to Hypervisor1.6.2 Hypervisor Becomes the Inevitable Choice1.6.3 Comparison of Main Hypervisors1.7 Hardware Platform and OS for Autonomous Driving1.8 Automotive OS Related Standard: OSEK1.9 Automotive OS Open Organization: GENIVI1.9.1 Introduction to GENIVI1.9.2 Members of GENIVI1.9.3 Main Achievements of GENIVI1.9.4 Examples of Achievements of GENIVI1.9.5 Main Roles of GENIVI1.9.6 Development Trend of GENIVI1.10 Auto OS Open Organization: AUTOSAR1.10.1 Introduction to AUTOSAR1.10.2 Main Members of AUTOSAR1.10.3 Classic AutoSAR Architecture1.10.4 Adaptive AutoSAR Architecture1.10.5 Comparison of Classic and Adaptive AutoSAR1.10.6 Integration of Adaptive AutoSAR and ROS1.11 Auto OS Open Organization: Autoware Foundation

2. Basic Auto OS and Companies2.1 QNX2.1.1 Introduction to QNX2.1.2 Introduction to BlackBerry2.1.3 QNX Cockpit Software Platform Solution2.1.4 QNX System Architecture2.1.5 QNX Partners2.1.6 Trend of QNX in Automotive Field2.2 Linux&AGL2.2.1 Introduction to Linux&AGL2.2.2 Main Functions of AGL2.2.3 Members of AGL2.2.4 Dynamics of AGL&LINUX2.3 Android2.3.1 Introduction to Android2.3.2 Automotive Users of Andriod2.3.3 Trend of Android in Automotive Field2.4 AliOS2.4.1 Introduction to AliOS2.4.2 AliOS Solution2.4.3 Main Customers of AliOS2.4.4 Trend of AliOS in Automotive Field2.5 webOS2.5.1 Development Course of webOS2.5.2 OSE Component and Development Roadmap2.5.3 Integration with AGL2.5.4 Trend of webOS in Automotive Field2.6 Harmony OS2.6.1 Introduction to Harmony OS2.6.2 Development Course of Harmony OS2.6.3 Huawei HiCar2.7 VXWORKS2.7.1 Introduction to VxWorks2.7.2 Products of WindRiver2.7.3 Trend of WindRiver Products in Automotive Field2.8 Integrity2.9 Ubuntu2.10 ROS

3. Custom-made Auto OS3.1 Baidu In-Car OS3.1.1 Introduction to DuerOS3.1.2 Applied Scenarios and Automotive Clients of DuerOS3.1.3 Cooperation Case of DuerOS3.1.4 Xiaodu In-Car OS3.1.5 Cooperation Case of Apollo Xiaodu In-Car OS3.1.6 Xiaodu In-Car OS 20203.1.7 Apollo Cyber RT3.2 Qing OS3.2.1 Introduction to Qing OS3.2.2 Functions of Qing OS3.2.3 Cooperative Projects of Qing OS3.3 Mushroom OS3.3.1 Introduction to Mushroom OS3.3.2 Products and Services of Mushroom Car Link3.3.3 Clients and Partners3.4 Apex.AI3.4.1 Introduction to Apex.AI3.4.2 Features of Apex.OS3.4.3 Applied Scenarios of Apex.OS and Services Provided3.5 vw.OS3.5.1 Introduction to vw.OS3.5.2 Development Course of vw.OS3.5.3 Overall Layout of VW's Software

4. Hypervisor4.1 Overview4.1.1 Introduction to Hypervisor4.1.2 Comparison of Major Hypervisors4.2 QNX Hypervisor4.2.1 Introduction to QNX Hypervisor4.2.2 Features of QNX Hypervisor4.3 ACRN4.3.1 Introduction to ACRN4.3.2 Composition of ACRN4.4 COQOS Hypervisor4.5 PikeOS4.6 EB Corbos Hypervisor4.7 Harman Device Virtualization4.8 VOSYSmonitor

5. Infotainment and Smart Phone Mapping Software5.1 Carplay5.1.1 Introduction to Carplay5.1.2 Main Functions of Carplay5.2 Android Auto5.2.1 Introduction to Android Auto5.2.2 Development Trend of Android Auto5.3 Carlife5.3.1 Introduction to Carlife5.3.2 CarLife+5.3.3 Partial Partners5.4 MirrorLink5.5 Hicar5.5.1 Introduction to Hicar5.5.2 Dynamics and Partners of Hicar5.6 Carbit5.7 Qing Mobile5.7.1 Introduction to Qing Mobile5.7.2 Highlights of Qing Mobile

6. Auto OS Solution Providers6.1 Neusoft6.1.1 Introduction to NeuSAR6.1.2 Main Products6.1.3 Dynamics of NeuSAR6.2 Thundersoft6.2.1 Profile6.2.2 Development Course6.2.3 OS Services6.2.4 Products6.2.5 OS Projects6.3 iSoft6.3.1 Profile6.3.2 Development Course6.3.3 Products and Services6.4 ArcherMind Technology6.4.1 Profile6.4.2 UOS6.4.3 Main Products

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Huawei Atlas 900 AI Cluster Wins the Only Best of Show Award for AI at Interop Tokyo 2020 – PRNewswire

Tony Xu, President of Huawei Ascend Computing, said, "The Huawei Atlas AI computing solution provides powerful computing and ultimate energy efficiency for all AI scenarios across devices, the edge, and the cloud. The Atlas 900 AI cluster provides data centers with powerful computing, high linearity, and the best energy efficiency to accelerate data-intensive research, such as astronomical exploration, weather prediction, oil exploration, and gene sequencing. Research breakthroughs translate into practical benefits for people worldwide."

Atlas 900 is the fastest AI training cluster in the world. It delivers a total computing power of 256 to 1024 petaFLOPS at half precision (FP16), equivalent to the computing power of 500,000 personal computers. Atlas 900 shattered the world record on the ResNet-50 benchmark test for model training by completing training in 59.8 seconds. Atlas 900 is the only product capable of completing the training in under a minute. Atlas 900 has broad applications in scientific research and business innovation for faster training of AI models with images and videos.

Atlas 900 integrates three interfaces for high-speed interconnection: Huawei Cache Coherence System (HCCS), PCIe 4.0, and 100G Ethernet. The Atlas 900 AI cluster leverages the Huawei CloudEngine data center switches to work on a 100 TB/s full-mesh, non-blocking dedicated network for parameter synchronization. The network slashes parameter synchronization latency by 10 to 70 percent to streamline AI model training.

Heat dissipation is a critical issue for an AI training cluster with such high computing power. That is why the Atlas 900 AI cluster adopts a groundbreaking system for heat dissipation. It leads industry innovation with a full liquid cooling solution and a rack-scale enclosed adiabatic design. This design delivers tremendous heat dissipation even for single racks with power consumption of up to 50 kW. It achieves a power usage effectiveness (PUE) of below 1.1 for data centers, almost reaching the ideal PUE of 1.0. Atlas 900 improves over air-cooled 8-kW racks by reducing equipment room space by 79%. Its innovative liquid cooling system provides energy-intensive, high-density, and low-PUE deployment to drastically reduce customer TCO.

Huawei is fostering cooperation to build the Ascend computing industry with open hardware, open source software, and partner enablement. Huawei provides full-stack AI computing infrastructure and application solutions to power industries with AI and create pervasive intelligence.

--Ends--

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains telecom networks, IT, smart devices, and cloud services we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei's end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees. For more information, please visit Huawei online at http://www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei http://www.twitter.com/Huawei http://www.facebook.com/Huawei http://www.youtube.com/Huawei

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http://www.huawei.com

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Huawei Atlas 900 AI Cluster Wins the Only Best of Show Award for AI at Interop Tokyo 2020 - PRNewswire