Recently, it is announced that Vistara and Lufthansa signed a pact of codeshare to provide benefits to the fliers of both airlines. According to the partnership, they will allow frequent fliers from both airlines to earn points/miles when they travel on each other’s networks.

According to the agreement, Lufthansa will add its designator code ‘LH’ to almost 18 flights by Vistara. It will begin from December 16, 2019, and it will cover ten cities of India, which are Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Pune, Kochi, Bengaluru, Hyderabad, and Goa.

The Chief Strategy Officer at Vistara, Vinod Kannan, said that they aim to provide an international network to their customers by strategic associations. Their codeshare agreement with Lufthansa is an essential step to spread the customer base outside India. The aims of Vistara are due to the rapid growth in the global carrier.

As per the agreement, the passengers are allowed to connect from Vistara domestic flights in India to Lufthansa’s Frankfurt and Munich flights. Customers will get their boarding passes at the first departure point for all the local and international traveling sectors after checking their baggage to the final destination. This agreement is a step forward to the growth of the Vistara airline.

At Snapdragon Tech Summit 2019, one of the leading developers of chip technology, Qualcomm, revealed its new and more powerful SoC for extended reality headsets. On top of that, the firm announced its partnership with Niantic, the creator of popular mobile game Pokémon Go.

Under the MoU, both the firms will team up to develop reference hardware, software, and cloud-based technology for augmented reality glasses. In a statement, Qualcomm stated that the collaboration is for more than a year and is aimed to fast pace the development of AR software and hardware; however, gaming enthusiasts might have to wait for some time.

Niantic’s Real World Platform host some well-known online mobile games like Pokémon Go and Harry Potter: Wizards Unite. The new product will allow developers to alter the programming for making it XR2 compatible. During the event, Niantic’s Chief Technical Officer, Phil Keslin, stated that the product would be made available to every user in the Niantic Creator Program launching in 2020 as the XR2-optimized platform is ready to be used.

As per reports, the new product will be optimized for Qualcomm’s XR2 platform. Besides, it will be the first 5G-enabled extended reality system with the capability of 8K and 360-degree video playback, says Qualcomm officials. Through this new H/W and S/W integrator, Qualcomm will also try to figure out the specifications and feasibility of a pair of XR2-powered glasses.

Recently, the Accounts Receivable Automation platform, Invoiced, declared its partnership with Chase’s WePay to provide invoiced payments. The Invoiced customers can use this integrated payment processing solution for easy and secure setup payment processing services.

Invoiced is connected with the integrated payments business of JPMorgan Chase and Co. to offer payment processing solutions to more than 23,000 businesses. They trust the Invoiced company for all their accounts receivable operations. The Accounts Receivable Automation platform is suitable for handling invoiced payments seamlessly.

Invoiced is a well-known platform with more than 20,000 customers in 92 countries, and approximately $50 billion of receivables are processed. On the other hand, WePay is an integrated payment processing provider and helps small businesses by providing software and applications like BigCommerce, Zoho, GoFundMe, etc.

There is a frictionless customer payment portal on the Invoiced platform that helps customers in online payments through debit cards, credit cards, ACH, etc. Clients do not need to research, set up, and combine gateway or payment processor.

There are many features as well as benefits of Invoiced payments:

1. Quick Onboarding: One can start without any form or account sign-up. It takes a couple of minutes to accept online payments for businesses.
2. Reasonable Pricing: Invoiced Payments provides affordable, competitive, and transparent rates to many businesses.
3. Smooth Integration: The payment entry, as well as transactions, appears in a single payment portal of the client.
4. Security: Invoiced Payments is PCI-compliant, and the integration with Invoiced will minimize the overall PCI-compliance overhead.

Co-founder and CEO of Invoiced, Jared King, said that their main aim of the company is to make the process of billing and collections easy, efficient, and useful. Chase provides Invoiced Payments to the businesses to offer comprehensive, integrated A/R and payment solutions.

Marketing VP of WePay, Jennifer Lewis, said that small businesses focus on developing their companies. But sometimes, they got bogged down due to some backend operations, which take a lot of time to solve. But, their collaboration with Invoiced provides Invoiced Payments that can solve some of their issues. Currently, Invoiced Payments are available for users in the US and Canada with paid accounts.

Advanced tactical radars provider RADA Electronic Industries Ltd. announced the opening of its new 25,000 sq ft headquarters and manufacturing facility in Germantown, Maryland. The Israeli company has emerged as one of the most important companies in its industry, and a wide range of defense contractors highly covets its air surveillance systems.

The radars developed by RADA are often referred to as gap fillers by people in the industry. The reason behind that is the fact that the radars can work on both medium-range and long-range air surveillance systems.

Moreover, the radars also work on a range of other installations. Because some of the biggest defense contractors do their business in the United States, it is only natural that RADA has decided to set up a headquarter in the country.

RADA’CEO, Dov Sella, said, “We established our US subsidiary, RADA Technologies LLC (RADA USA), in close proximity to our core customer base of US military and civilian agencies to Americanize and further adapt our technologies to support their needs. Our US-based team is focused on delivering our highly advanced, innovative, and combat-proven radar solutions and services to enable American defense agencies.” He went on to state that RADA’s radar systems are already being used by both the U.S. Army and also the U.S. Marine Corps.

Avanci has signed a patent license agreement with Volvo Cars. Avanci is an online marketplace that connects wireless technology patent owners with companies developing products and systems based on the Internet of Things (IoT) that are looking for new wireless technologies.

Volvo Cars become the 14th auto brand to sign with Avanci. This agreement gives Volvo Cars a license to use all the 2G, 3G, and 4G essential patents put up on the Avanci marketplace by 36 patent owners, as well as the patents of new patent owners who join Avanci in the future.

Commenting on the development, Kasim Alfalahi, founder and CEO of Avanci, said, “We are very pleased to have Volvo Cars, one of the most well-known and respected car brands in the world and a leader in connectivity, as a licensee.” He also mentioned that over-all participation in Avanci had doubled in 2019, and the simplicity, efficiency, and predictability of Avanci allowed licensees and patent owners to both share technology as well as work on developing new technology.

Traditionally auto firms would have to spend money on R&D to develop new technology. If they wanted a patented technology, they would have to approach the patent owner and buy it from him. Avanci acts as a bridge between patent owners and companies. Thus, companies can access a range of innovations, and patent owners can access a range of companies. Companies can give real-world feedback to patent owners who can work further on their innovations to make it more compatible with real-life situations. The problems faced by saying a car maker may be different from those faced by a truck maker; thus, patent owners will get a chance to tailor their innovations for particular types of automobiles, which in turn will open up new industries for their innovations.

Kakao, the Chat App Giant of Korea and also the developer of the Klaytn blockchain, has recently announced to launch its own crypto wallet called “Klip” as early as in the first quarter of 2020. It will allow 50 million active users of the existing KakaoTalk Chat app to experience the blockchain by linking the crypto wallet to KakaoTalk App. The wallet will be issued through Kakao’s subsidiary named GroundX, built on Klaytn blockchain.

Regarding this, the Co-President of Kakao, Yeo Min-Soo, said,

“Kakao has already launched KakaoCon, a blockchain-based point system, and the company is planning a variety of applications, including the use of blockchain technology for identification software. We will actively support people to keep their Clays in the Klip or KakaoTalk wallet and use them in their daily lives.”

“Klip” was initially planned to be launched in 2019, but due to some issues revolving the service stability, the launch got delayed. Klip has been developed in a way to serve all types of users by lowering the barrier for blockchain entry, thereby resulting in the mass adoption of blockchain technology. Kakao is planning to introduce Klip first as “Kaikas,” a plug-in used by web browsers, before linking it to the Chat App called “KakaoTalk.” This will make it easier for Klip to hold Clayton’s cryptocurrency “Clay” and also Clayton-based cryptocurrencies.

Lauding the development of Kakao, and talking about the prospects of Klip, Bae Sang-eon, the product director of Klip, said,

“The team is developing [the wallet] by focusing on security and technical advancement with feedback from Klaytn service partners about the market. Klip will become the root to take blockchain technology mainstream.”