Cisco’s Chief Strategy Officer, Hilton Romanski, provided insight into the Group’s future plans. Accordingly, one relies on takeovers and partnerships.
Cisco not only uses automation and artificial intelligence to secure its networks, but will also use blockchain in the future, as Chief Strategy Officer Hilton Romanski said on the sidelines of Cisco Live’s corporate conference. “The blockchain is a great opportunity, not only when it comes to digital currencies,” said the network strategist’s chief strategist in a press keynote.
“It’s about the possibility of integrating another level of trust in the network,” says Romanski. The Group is investing current “time and effort” in this direction. Official news will be available later this year.
Most recently, Cisco co-founded the Trusted IoT Alliance in September 2017. It is a consortium of 17 companies that want to create a protocol for a blockchain-based Internet of Things. The goal is to create an open standard for industries.
Security is at the center of all future developments, as Romanski explains. “There will be over 30 billion networked devices by 2020. Of course that also means more vulnerabilities. ”
Cisco itself wants to use different strategies when developing new products. In addition to the in-house development of new products, they also rely heavily on acquisitions. To date, the group has swallowed 203 companies. Romanski is particularly proud of the fact that more than 40 CEOs of the acquired companies have remained with Cisco to this day.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube