PM Narendra Modi To Launch 5G On October 1

Prime Minister of India Mr. Narenda Modi will oversee the launch of 5G services in India on October 1 at 10 AM.

The three major telecom operators– Jio, Airtel and Vodafone Idea will demonstrate one used case each showcasing the potential of 5G technology in India on the lines of AR- VR & AI effectively in our daily lives and industrial use.

Test case 1:

Reliance Jio will connect a teacher from a school in Mumbai with students in three different locations in Maharashtra, Gujarat and Odisha. This will demonstrate how 5G will facilitate education by bringing teachers closer to students, obviating the physical distance between them. It will demonstrate the power of Augmented Reality (AR) on screen and how that is being used to teach children across the country, remotely, without the need of an AR device.

Test case 2:

In the Airtel demo, a girl from Uttar Pradesh will witness a lively and immersive education experience to learn about the solar system with the help of AR-VR Augmented reality-Virtual reality . The girl will share her experience of learning with the PM by appearing on the dais through a hologram.

Test case 3:

The Vodafone Idea test case will demonstrate safety of workers in an under construction tunnel of Delhi Metro through creation of a Digital Twin of the tunnel on the dais. Digital twin will help give safety alerts to workers in real time from a remote location. PM will take a live demo from the dais to monitor the work in real time through utilizing VR and Artificial Intelligence.

The Prime Minister will visit an exhibition and will witness the demonstration of the use of 5G technology in multiple areas. The various use cases that will be demonstrated in front of PM in the exhibition include

·        Precision drone based farming;

·        High Security Routers & AI based Cyber Threat Detection Platform;

·        Automated Guided Vehicles;

·        Ambupod – Smart Ambulance;

·        Augmented Reality/Virtual Reality /Mix Reality in Education and Skill Development; Sewage Monitoring System;

·        Smart-Agri Program;

·        Health diagnostics, among others.

 

5G technology will offer a wide range of benefits to the common people. It will help in providing seamless coverage, high data rate, low latency, and highly reliable communications leading to increased energy efficiency, spectrum efficiency and network efficiency. 5G technology will help in connecting billions of Internet of Things devices, will allow higher quality video services with mobility at high speed, delivery of critical services such as tele-surgery and autonomous cars among others.

5G will help in real time monitoring of disasters, precision agriculture, minimizing the role of humans in dangerous industrial operations such as in deep mines, offshore activities etc.

Unlike existing mobile communication networks, 5G networks will allow tailoring of requirements for each of these different use cases within the same network

 

 

Digital money -Govt backing essential

Bracing for govt-backed digital money

Multiple governments worldwide are counting on Central Bank Digital Currencies (CBDCs) even as they made no bones about their mistrust of cryptocurrencies. India’s apex bank has already rolled out a beta of its digital currency though a full-fledged rollout of the country’s digital currency is expected in early 2023. 

Though CBDCs can be traded like cryptos, they are not based on public blockchains. They are likely to be on a private blockchain network controlled by central banks or governments, which will give banks a clearer picture of the money flow. China and Nigeria are some countries that have launched their CBDCs. In China, transactions made with the digital yuan (Chinese CBDC) crossed 100 billion yuan (around $14 billion) as of August-end, according to the People’s Bank of China. 

The US is also planning to launch a CBDC, which would be interoperable with CBDCs issued by central banks in other countries. Experts believe that CBDCs can help the Indian government in achieving financial inclusion as it doesn’t require users to own bank accounts. Similarly, it can speed up cross-border payments by reducing the number of intermediaries to process transactions as is the case with the banking system.