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IDEX Biometrics Selected as Strategic Technology Partner for Goldpac's DC/EP Hardware Wallet Initiative

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Oslo, Norway – 17 March 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, have been selected, to be the strategic technology partner, by Goldpac Group Ltd (Goldpac), on their Digital Currency/Electronic Payment (DC/EP) hardware-based digital wallet (hardware wallet) initiative. IDEX has also received a new order for fingerprint sensors to support this initiative.
DC/EP is the name given to the Central Bank Digital Currency (CBDC) of China and is the digital version of the yuan, China s national currency. A CBDC involves using blockchain technology to represent a country s official currency, meaning it is regulated by a central bank unlike popular existing cryptocurrencies. DC/EP is backed by yuan deposits held by China s central bank. China plans to roll out DC/EP ahead of the Winter Olympics which are being held in China in February 2022, and will be used for purchases i ....

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Companies to build, add jobs in Oklahoma City

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IDEX 2021: Otokar introduces Akrep IIe electric armored vehicle on international markets | IDEX 2021 News Official Online Show Daily Media Partner

Sunday, 07 March 2021 14:20
One of the regular IDEX participants, Turkish company Otokar participates in the 2021 edition in order to meet with its more than 55 end-users from all over the world. The Turkish manufacturer introduces its electric armored vehicle, Akrep IIe for the first time for its international markets.
Otokar Akrep II full electric powered 4x4 armored vehicle at IDEX 2021, International Land Defense Exhibition in Abu Dhabi, United Arab Emirates. (Picture source: Army Recognition)
Serdar Görgüç, General Manager of Otokar, stated that being a regular vendor to both NATO and the United Nations, Otokar is continuously expanding its customer portfolio and serving wider range of customers over the world every year, due to its well-appreciated user-oriented approach. “Currently, around 33,000 Otokar vehicles are actively in service in more than 36 countries in the toughest climates and risky regions. We believe that the performances of our vehicles s ....

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IDEX Biometrics: Mandatory Notice of Trade

IDEX Biometrics: Mandatory Notice of Trade
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UAE vehicle maker teams up with Singapore's ST Engineering for hybrid system

UAE vehicle maker teams up with Singapore’s ST Engineering for hybrid system
March 1
ST Engineering of Singapore and Emirati vehicle-maker Nimr signed a memorandum of understanding at IDEX 2021. (Courtesy of Nimr)
BEIRUT Emirati vehicle-maker Nimr has signed a memorandum of understanding during a local trade show with Singaporean firm ST Engineering to develop a hybrid electric drive system, Nimr announced.
The planned system detailed in the memo, which was signed during the Feb. 21-25 International Defence Exhibition and Conference, has the potential to be installed in Nimr’s Hafeet Mk 2 and Ajban Mk 2 armored vehicles.
“It is a result of the strategy to have maximum commonality between the two Mk2 vehicles, which will drive down costs and reduce the logistic footprint for fleet owners,” Nimr CEO Abri Du Plessis told Defense News. “The replacement of mechanical elements by more flexible and lighter electrical systems will increase vehicle ef ....

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