EncryptoTel weekly digest 05.06.20

3 min readJun 5, 2020

New Internet records, new blockchain courses in Canada and the end of Zoom’s take-off

Australian scientists have reached the world record for Internet speed

Scientists from the Australian universities of Monash, Swinburne, and the Royal Melbourne Institute of Technology (RMIT) used the new ultra-fast microchip for the Internet “micro-comb” chip and reached a world record for Internet speed — that is 44.2 terabits per second. This is a million times faster than the average data transfer rate over the Internet in Australia (43.4 megabits per second).

The size of the micro-comb chip is 5x9 mm, with thickness less than a millimeter. Dr. Bill Corcoran of Monash University expects the first commercial application in five years. In his opinion, after a few years, the current Internet bandwidth will not cope for 5G networks of unmanned vehicles and the Internet of things.

University of Canada Launches Blockchain Courses

In September 2020, York University that is located in Toronto launches two new blockchain educational programs — an abbreviated and full course for graduate students. The short course will take place completely online. The postgraduate course will also begin online, and then, depending on the health situation, may continue on campus.

According to the university, the demand for blockchain developers has grown by 374% over two years in Toronto and its regions.

This week there was a turning point in the market. Shares of companies that had previously been rising due to the demand for their services against the backdrop of quarantine suddenly showed a decline. During the trading session on May 27, Amazon shares fell 0.5%, although a week earlier they were trading at a maximum. Shares of Zoom fell by 1%, and during the session, their decline reached 8.5%.

These companies were among those who were able to capitalize on restrictions and social distance that were introduced throughout the world. Amazon and Netflix were among the first to fully win back losses from the stock market crash in mid-March.

Against the background of lifting restrictions in many countries, investors again began to buy shares of companies from the tourism sector and the consumer market. Shares of Gap and Kohl’s retail chains rose more than 14%, shares of cruise ship operators Carnival and Norwegian Cruise Line rose 5.9% and 9.7% respectively, while shares of US airlines United and American Airlines rose 3.8% and 8.5%.

Tencent will spend $ 70 billion on blockchain development and AI technologies

Chinese technology giant Tencent will invest 500 billion yuan ($ 70 billion) over the next five years in technology aimed at improving infrastructure.

The list of technologies Tencent will develop includes artificial intelligence, cloud computing, cybersecurity, blockchain, big data centers and supercomputers, the Internet of things, new 5G, and quantum computing. This was announced by the vice president of the holding Dawson Ton in an interview with Chinese media.

As of Q4 2019, Tencent occupied 18% of the Chinese cloud services market. The leader in China is the Alibaba group, whose share is estimated at 46.4% by the Canalys analysts.

ENCRY takes part in Telegram educational quiz contest

In late April, Telegram announced the launch of a contest for quiz creators. The Encry team decided to accept the challenge and created a cryptography test. The guys tried to give questions and fit in more than 30 questions on the history and logic of creating key cryptographic tools and solutions that were designed to ensure the confidentiality, authenticity, and integrity of information transfer.

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