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Ripple is boosting blockchain technology through donations

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The San Francisco-based cryptocurrency and payment start-up, Ripple, is hoping to boost up the adoption of blockchain technology. They decided to donate $50 millions to 17 universities and colleges throughout the U.S.A. in order to promote blockchain. One of the main reasons is the need for jobs in that technology field as 4500 job openings were including the terms “blockchain” and “cryptocurrency” into their descriptions on LinkedIn. Thus universities like the M.I.T. or the University of North Carolina will get a chunk of this donation. Eric van Miltenburg, Senior Vice-President of business operations at Ripple sent an email stating, “As globalization increases, so does the demand for technological solutions and talent to solve the world’s hardest financial problems, such as retail remittances.” Ripple’s technology surrounding the cryptocurrency XRP could be a part of some studies and projects by universities, despite not being an obligation according to the company. For the…

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Guides & Tips

How to Achieve your Goal in the Telecom Industry

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In the telecom industry, setting goals is critical. Unfortunately, most people never come close to realizing their goals. University of Scranton researchers reports that a shocking 92 percent of people never meet their New Year’s resolutions. So, why do so many people fail in their aims? Why are goals important at all? If you’re part of the telecom industry, then you know how competitive it is. It’s easy to drift for years, almost mindlessly following directions from your superiors. Feeling frustrated is expected. Telecommunications used to excite you. Now, it just feels like you’re adrift. Your frustration may stem from not defining what you want in life. Without reflection about where you want to go, it’s impossible for you to achieve your goal. That is if you even have a goal in mind. Why Goals Matter Goals give you drive and direction. They provide you with motivation and a sense of…

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cloud-based PBX
People & Interviews

Mark Spencer: Mastering the Software-Based PBX

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Few have contributed as greatly to the open-source world of VoIP and telecommunications as Mark Spencer. Faced with financial obstacles, he did what any good leader would and built his own solution that has since then benefitted businesses around the world. His open-source framework Asterisk has been able to disrupt the status quo of PBX or Private Branch Exchange, systems while giving business owners a way to inexpensively manage their telecommunications. Education and Beginnings Mark Spencer wasn’t a man who came out of nowhere and built this innovative program. He was enrolled at Auburn University as a computer engineer when the entrepreneurial spirit first hit him. While still a student and finishing up his degree, Spencer decided it was time to put his education to the test and found his own business. This culminated in Linux Support Systems, a company started in 1999 with the original aim of supplying Linux support…

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Who invented VoIP? Alon Cohen
People & Interviews

VoIP: Who Invented this Revolutionary Technology?

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Telecommunication has changed significantly since Alexander Graham Bell’s created the first practical telephone model in 1876. While there have been changes in design, function, features and much more, few can argue that there are any changes bigger than the move to VoIP (Voice Over Internet Protocol) technology. This new invention has not only produced the emerging VoIP market, but it is also leading to the take over of traditional phone systems. Who is the man behind VoIP? None of this would be possible without Alon Cohen. Born in Israel in 1962, his multiple patents have both created and improved on Internet telecommunications. Let’s look into who Alon Cohen is, how he developed this technology and how it has changed the face of phones and audio communications forever. Beginnings Creating the VoIP industry was not on Alon Cohen’s mind when he first started learning about technology. In fact, it wasn’t even the…

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