5G was the hot topic at this week’s Mobile World Congress. The ultrafast wireless network will increase opportunities for businesses and consumers to connect through the internet. However, it likely will not be rolled out until 2019 as international bodies must still develop a global standard for 5G wireless technology. In the meantime, carriers and telecom equipment manufacturers are racing to set the bar for what constitutes 5G.
What is 5G?
5G is the fifth generation of wireless technology, characterized by dramatically increased data transfer speeds. For the consumer, this means being able to download entire movies within seconds. The … Continue Reading
As part of the technological arms race in the financial services sector, banks and other financial institutions are increasingly embracing hackathons as a way to innovate consumer products and banking tools. These types of events can help spur innovation, engage potential employees, and produce valuable digital assets for the hosting firm. However, at the same time, companies should be cautious about the intellectual property issues at stake.
A “hackathon” is a software coding competition that happens over a short period – usually a day or two – where participants compete to come up with innovative new programs or applications. Sometimes … Continue Reading
On Friday February 5, 2016, we attended the I Spy: Opportunities and Challenges Surrounding Privacy and Big Data conference organized by the Osgoode JD/MBA Students’ Association. Speakers from industry, government and private practice explored the challenge organizations face in maximizing insights from big data while maintaining a respect for individual privacy.
While we often see major privacy breaches as the subject of front-page news stories, most breaches are actually unknown and unregulated. As the promise of new insights drives business to collect and analyze more data than ever before, it will be more and more important for organizations and governments … Continue Reading