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Tag: DRDO (page 1 of 1)

Bitcoin hit two-week high after Musk says Tesla could use it again

Bitcoin hit close to $40,000, a two-week high, on Monday. This is after Tesla CEO Elon Musk while defending criticism over his influence on the market, said the carmaker may resume transactions using digital currency. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with the positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk Tweeted. Bitcoin rose 33% this year but went south from a record peak of above $60,000.

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Govt says no data breach NIC, email system ‘totally safe & secure’

The govt of India has said there has been no data breach into its email system run by the NIC and the email system is “totally safe and secure.”  The statement released by the Union IT ministry further said that cybersecurity breaches on private portals may not impact govt employees unless the users have used their govt email ID and password to register on these portals. Data breaches in Air India, BigBasket, and Domino’s had exposed the email passwords of NIC to hackers.

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Honeywell partners government of India to ramp up oxygen production

Honeywell announces partnership with DRDO and the Government of India to supply molecular sieve adsorbents to accelerate the setting up of Medical Oxygen Plants in the country. Honeywell said it has been a strong partner with both state-owned and private Indian firms. “We are committed to helping India address the pandemic and is making every effort to find meaningful ways to engage with the GoI in the fight to save lives,” said Dr. Akshay Bellare, President, Honeywell India.

DRDO develops a new AI-based COVID detection tool

ATMAN AI a new covid detection algorithm for chest x-rays has been built by DRDO. The tool uses AI with the support of the 5C network and HCG academics. This triaging tool will help in the rapid identification and assessment of lungs affected by Covid-19. It is faster, cost-effective, and more efficient than CT scans. The ATMAN AI has an accuracy of 96.73%, helping reduce the burden on radiologists and CT scan machines.

DRDO announces innovation contest for start-ups, individuals; prize Rs 10L

DRDO announced Dare to Dream 2.0 contest for Indian Individuals, start-ups to innovate in the field of defence and aerospace tech. AI, autonomous system, cybersecurity, hypersonic tech etc. The contest was announced on account of Dr APJ Abdul Kalam’s 5th death anniversary, Prize money for start-ups: 10 L for winners, 8L for first runner up, 6L for second runner up. For Individuals, it is 5L for the winner, 4L for 2nd place, 3L for 3rd place.

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