October 16, 2026

Capitalizations Index – B ∞/21M

ISG – Creating a World without Communication Barriers

CoinSpeaker
ISG – Creating a World without Communication Barriers

CoinSpeaker
ISG – Creating a World without Communication Barriers

The 21st century is connoted as the era of development of a global information society, which is deemed to be the bedrock of global information infrastructure. Many countries across the globe are focusing on building strong information and communication technologies to make their mark in the evolving global industry. While the advancements in the communication realm have been notable, there are certain setbacks that still impact the global penetration of voice and internet technologies.

Challenges Hindering the Growth of the Communication Domain

There are more than 7.5 billion mobile connections across the globe. While the number is close to the global population, there are many parts of the world that still don’t have access to basic mobile connections. Those sections are referred to as “dead zones”. Additionally, there are many economically backward regions where connections are available but the services are offered at a hefty price, making mobile connection an unaffordable option.

As you can see, along with technical accessibility, the fact that modern communication services are offered at expensive rates is another crucial factor that hinders its large-scale adoption. In fact, the cost of broadband services is equal to the monthly salary of an average individual in a developing country.

It is imperative to address these impending concerns that the modern communication landscape deals with in order to create a digital world that is not restricted by geographical boundaries. According to the statistics, only 40% of the world population has access to online services because of lack of accessible technology, low income to afford mobile communication, inaccessibility of connections in the remote regions, etc.

ISG – A Futuristic Communication Solution

The International Sky Group is a transformational platform that has used satellite communication and blockchain to offer streamlined and cost-effective communication services worldwide. It aims to create an online sphere without antenna towers, roaming, dead zones and distinction between rural and urban regions. By achieving this, the platform intends to enable the excluded 60% of the population to obtain cheaper communication services, offering them an opportunity to be a part of the global economy.

Satellite Communication Satellites

ISG has developed a robust Satellite Communication System (SCS) that can seamlessly function individually, as well as collaboratively with the existing global telecommunication networks. The system is based on a low-orbit communication satellite that offers the possibility of 100% coverage, thereby eliminating dead zones. Additionally, the SCS intends to offer high-speed data transmission of up to 12 Mbps, along with stable and affordable voice and multimedia communication services to air subscribers, who are traveling at the speed of up to 12,000 km/hr.

Maximum Security Assurance

Due to the present complex structure, the communication industry is highly vulnerable to security and privacy threats. ISG has addressed these concerns and harnessed the potentials of blockchain to offer secure and reliable communication solutions. Moreover, the platform adheres to high-security standards and offers wireless data transmission that further protects any data tampering.

ISG – A Decentralized Approach to Modern Communication

ISG offers cost-effective connectivity to multiple sectors including defence agencies, phone and cellular companies, internet service providers, oil and gas industry, etc. By leveraging satellite communication and blockchain technology, the company has developed a network that provides strong, stable, and cost-effective communication services worldwide.

ISG – Creating a World without Communication Barriers

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Japan's GMO Internet Group Will Pay Thousands of Workers in Bitcoin

Japanese Firm GMO Will Pay Thousands of Workers in Bitcoin

Blockchain development companies and the cryptocurrency press have been paying their workers in cryptocurrencies for years, but one realizes that the times are truly changing when mainstream companies start paying their workers in bitcoin.

GMO Internet Group, a Japanese provider of a full spectrum of internet services for both the consumer and enterprise markets, is introducing a system for employees to receive part of their salary in bitcoin.

Headquartered in Tokyo, GMO Internet Group comprises more than 60 companies in 10 countries. In view of the group’s size and financial muscle, this initiative is likely to boost the mainstream adoption of the practice of paying salaries in cryptocurrencies.

The move is partly motivated by the desire to promote the adoption of bitcoin, which is a strategic priority for GMO. In fact, the group is vigorously active in bitcoin trading and mining services, as well as mining hardware development. Therefore, anything that is good for bitcoin is also good for GMO.

In May 2017, GMO launched a cryptocurrency exchange, initially dubbed Z.com Coin and later rebranded as GMO Coin, which features cryptocurrency FX and trading on both computers and smartphones. The exchange offers two types of services: cryptocurrency FX, which is an over-the-counter (OTC) bitcoin margin trading and cryptocurrency trading, which enables buying and selling of virtual currency in JPY in addition to basic features allowing customers to send and receive bitcoins.

In September 2017, GMO announced the upcoming launch of a new bitcoin mining business. “We will operate a next-generation mining center utilizing renewable energy and cutting-edge semiconductor chips in Northern Europe,” GMO stated, emphasizing that they will invest in R&D and manufacturing of hardware including the next-generation mining chip.

“We will use cutting-edge 7 nm process technology for chips to be used in the mining process, and jointly work on its research and development and manufacturing with our alliance partner having semiconductor design technology.” The mining business is scheduled to start in January 2018.

GMO expressed its belief that cryptocurrencies will develop into “new universal currencies” available to anyone from any country or region who wants to freely exchange value, “creating a new borderless economic zone.”

The option to receive part of the salary in bitcoin will initially only be available to employees of one GMO company — GMO Internet Co. Ltd. — starting in March 2018, but it will be gradually extended to more than 4,000 employees in other GMO companies based in Japan.

The minimum bitcoin payment will initially be 10,000 yen (~$88) and the upper limit will be 100,000 yen (~$881). Each salary payment in yen will be reduced by the amount of bitcoin paid, using the exchange rate at the GMO Coin exchange.

Mainichi Japan notes that Japan’s labor code stipulates that businesses must pay employees in a recognized currency such as the yen, but, according to GMO, the move is in accordance with the law because any payments in bitcoin would be consensual, with a chosen amount to be deducted from paychecks and put toward purchasing bitcoin. The cryptocurrency is rising in popularity in Japan with an increasing number of retailers accepting it as a form of payment.

GMO Internet Group wants to contribute to the development of cryptocurrencies in the world by promoting cryptocurrency-related initiatives throughout the group. In particular, GMO wants to promote ownership of bitcoin among its employees — who can be the best evangelists for the group’s products and services related to the digital currency — to improve the employees’ exposure to and understanding of bitcoin.

“Employers can now pay employees a portion of their net earnings in bitcoin by collaborating with niche payroll solution providers such as Bitwage, Wagepoint, or Bitpay, who manage the back-end mechanics, eliminate exposure to price volatility, and reduce compliance and governance risks,” noted Deloitte principal Eric Piscini.

A recent overview of cryptocurrency payroll processors and early adopting clients notes that offering salaries in bitcoin could make it easier for companies to retain and attract talent. Besides compensating current employees, “[cryptocurrencies] could help businesses more effectively tap into the open talent economy, where individual contributors may be drawn to business partners that offer payout features only cryptocurrency makes possible: fast peer-to-peer payments across country borders with minimal friction (or total freedom) from traditional banking systems,” said Piscini.

For now, the GMO press release is available only in Japanese.

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