KPMG, Microsoft and R3 Develop Blockchain For Telecoms Settlement

KPMG, a multinational accounting firm, is partnering with software firms TOMIA, Microsoft, and R3 to develop a blockchain for telecom settlements. One of the “big four” accounting firms, KPMG has pursued industry-specific blockchain pilots in the past, always with an eye to settling cross-border, or network, complexities. The latest partnership, with two distributed ledger (DLT)…

Govt to Invest $200 Million in 4 Years on Cyber Security

The government on Tuesday said it would invest around $200 million in the next four years to strengthen cyber security infrastructure. “We have 1.2 billion people and will be largest country in terms of population in years to come. This (cyber crime) affects us perhaps much more than any other country in the world,” Telecom…