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On July 10th, the "Guangdong Provincial Information and Communication Industry 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The plan includes actively organizing enterprises to participate in national commercial trials of satellite IoT services, planning the construction of an integrated low-Earth orbit constellation for communication, navigation, and remote sensing in the Guangdong-Hong Kong-Macao Greater Bay Area, and actively promoting the deployment of key infrastructure such as satellite-to-ground interconnection centers and gateway stations. It also aims to promote the integrated development of satellite communication and terrestrial mobile communication infrastructure, explore network coverage in low-altitude airspace above 300 meters and remote areas, develop applications such as direct mobile phone connection to satellite and satellite IoT, and accelerate the realization of a million satellite communication users. The plan also includes implementing the "Broadband Guangdong Maritime" special action to gradually build a marine "5G/5G-A + submarine optical cable + satellite" communication and sensing network.A spokesperson for the Government Pension Investment Fund of Japan (GPIF) said they were aware of Finance Minister Satsuki Katayamas remarks but declined to comment.On July 10th, the "Guangdong Provincial Information and Communication Industry 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The draft includes support for Shaoguans application to become a computing network hub interconnection center, promoting the upgrading and innovative development of the Guangzhou Internet Exchange Center of the Ministry of Industry and Information Technology and the National (Shenzhen-Qianhai) New Internet Exchange Center, accelerating the construction of the Shenzhen-Guangzhou-Shaoguan data corridor, and building a computing power network foundation radiating the Guangdong-Hong Kong-Macao Greater Bay Area. It also integrates into the national computing power interconnection system of "1+M+N," creating regional nodes for national computing power interconnection and multiple distinctive industry nodes. The plan continues to advance the "Millisecond-level Computing" special action in urban areas, actively building a benchmark city for computing networks. Furthermore, it promotes efficient collaboration between data computing, green power grids, and storage, facilitating the coordinated construction of computing centers with new energy sites and power grids, and strengthening computing power interconnection, collaboration, and intelligent scheduling.On July 10th, the "Guangdong Provincial Information and Communication Industry 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The plan outlines measures to orderly promote the large-scale deployment of 5G-A networks in the Pearl River Delta cities and continuous coverage of hotspot areas; actively participate in the Ministry of Industry and Information Technologys 6G technology trials; and take the lead in 6G network construction and commercial deployment to gain a first-mover advantage in 6G. It also calls for continuously expanding the pilot construction of 10-gigabit optical networks, achieving both quantitative and qualitative growth in key scenarios, and accelerating the upgrading of park networks. Furthermore, it promotes the large-scale deployment of new optical fibers and cables such as G.654E, focusing on the large-scale deployment of 800G optical transmission systems and all-optical cross-connect equipment to build a high-bandwidth, low-latency, and highly reliable all-optical bearer foundation. The plan also deepens the large-scale deployment of Internet Protocol version 6 (IPv6) single-stack. Finally, it actively deploys quantum communication backbone networks and promotes the construction of 400G and above high-speed quantum channels.July 10th - Daiwa Securities economist Yutaro Suzuki stated that Japanese producer prices are expected to rise by more than 5% year-on-year, and crude oil and petroleum product prices are likely to remain high for some time. Data released by the Bank of Japan on Friday showed that corporate goods prices rose 7.1% year-on-year in June. Suzuki stated, "While the recent escalation of tensions in the Middle East warrants vigilance, crude oil prices are expected to gradually decline in the long term as the situation in the region improves." He added, "The corporate goods price index may also decline moderately by the end of the year."

Dear ADA Crypto Fans, Mark Your Calendars for Sept. 22

Cory Russell

Sep 19, 2022 14:56

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In the cryptocurrency industry, there is growing expectation after yesterday night's merger of Ethereum (ETH-USD). There is a lot to be thrilled about for Cardano (ADA-USD) and the ADA cryptocurrency investors, in fact. This is due to Cardano's network being the next to undergo a significant upgrade.


There is now a confirmed date for the much awaited Vasil hard fork, which was previously planned for June. It's interesting that this launch has been set for September 22 by the Cardano devs. According to recent sources, this date is official. Given that this update has been delayed, which has some members of the Cardano community worried, that's wonderful for investors.


Building on the Ethereum Merge's success, it seems investors are becoming more optimistic about this update. Cardano had a spike when Ethereum successfully integrated its mainnet with its proof-of-stake Beacon Chain, although now trading slightly lower.


Maybe the Cardano development team chose September as the launch month to capitalize on the enthusiasm created by Ethereum's success. Or maybe this improvement has been put off for too long and is now ready to be implemented. In any event, there is a lot of curiosity around this hard fork.


Let's explore Cardano's plans and what they entail for investors.

Is It Time to Buy ADA Cryptocurrency?

This Vasil hard fork seems prepared to start. Similar to the Ethereum Merge, this significant improvement has undergone extensive preparation. And similar to the Ethereum merger, some ardent Cardano supporters have expressed frustration about delays.


Despite this, many believe that Cardano's decision to take its time with this significant update is beneficial. The network should benefit from the scalability improvements and possible transaction price reductions. However, if they are carried out improperly, more harm than benefit might result.


Input Output (IOG), Cardano's blockchain development lab, said that successful and thorough testing has brought them to this point. They believe they are prepared to launch, and September 22 seems like a sufficient amount of time to iron out all the details.


Cardano will undoubtedly be an intriguing token to follow from here. Although volatility may continue, I believe there may be gains for this token after a successful hard fork.