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Other tech

Australian researchers have developed a new algorithm to build better blockchains

- April 6, 2022 2 MIN READ

A global team of researchers, including from Monash University, have developed a new algorithm that will enable building more resilient, efficient, and faster blockchains. The algorithm is a new Byzantine Fault Tolerance (BFT) consensus protocol, which is used to overcome faults and avoid system failures, especially in blockchain applications. The higher the fault tolerance the… Read more »

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The federal government is spending $1.6 billion over 10 years to take university research across the ‘valley of death’ to commercialisation

- April 5, 2022 4 MIN READ

The federal government is investing $2.2 billion for university research commercialisation which would place “university innovation and industry collaboration front and centre of Australia’s economic recovery.” Part of this funding includes $1.6 billion over ten years for Australia’s Economic Accelerator – a new competitive funding program to help university projects bridge the so-called “valley of… Read more »

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House-sharing startup The Room Xchange launched verification for potential roomies

- April 4, 2022 2 MIN READ

Melbourne startup The Room Xchange has launched a mandatory verification feature on its house-sharing platform. Founder and CEO Ludwina Dautovic said the new ‘Verified’ feature also ensures that all profiles are real and current, with the site’s search algorithms simplifying the matching process to make it easier for people to find the right housemate based on personality,… Read more »

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The quantum tech arms race is ramping up – and it will dramatically change national security

- April 4, 2022 3 MIN READ

Quantum technology, which makes use of the surprising and often counterintuitive properties of the subatomic universe, is revolutionising the way information is gathered, stored, shared and analysed. The commercial and scientific potential of the quantum revolution is vast, but it is in national security that quantum technology is making the biggest waves. National governments are… Read more »

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Here are the 11 startups in the latest Macquarie University Incubator

- March 29, 2022 4 MIN READ

From clean water to crypto and colostomy breakthroughs, the 11 startups in the Macquarie University Incubator are the most diverse the five-year program has seen, according to director Melissa Ryan.  The 2022 cohort follows in the wake last year’s alumni, which have already attracted more than $44 million in external funding.  The six-month Startup Educate… Read more »

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If you’re thinking about buying an e-bike or e-scooter, here are 5 things you need to know

- March 26, 2022 4 MIN READ

Petrol prices are hitting eye-watering highs. As global affairs put pressure on the availability of commodities, we’re likely to continue seeing volatile petrol prices in the future. So there’s never been a better time to embrace alternative modes of transport such as e-bikes and e-scooters (also called “micromobility” devices). In Australia’s major cities, the average… Read more »

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How a couple with four kids bootstrapped their startup, Paperform, to a profitable business in just three years

- March 24, 2022 2 MIN READ

Husband-and-wife duo Dean and Diony McPherson have the classic startup beginning, launching their business form-building solution on the kitchen table. Paperform was born out of their shared frustration with the tedious administrative tasks that overshadowed their tech jobs. Australian business owners spend an estimated 81 days a year on administrative tasks. So in 2016, the… Read more »

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Medtech Eyes of AI is using artificial intelligence to solve a major pain point for dentists

- March 23, 2022 2 MIN READ

Sydney medtech Eyes of AI launches its rapid x-ray analysis this month after three years of development. Artificial intelligence-driven dental software platform has been trained using more than 1 million x-ray images since 2019, alongside has input from leading dental clinicians and research centres globally. Sydney-based founders Dr Sen Le and Khoa Le built the… Read more »

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Fintech startup Our Leg Up lets budding homeowners crack the market using ‘unemployed’ real estate equity

- March 16, 2022 2 MIN READ

In Australia, the number one driver of wealth inequality is real estate and, in particular, not owning real estate. As house prices around Australia continue to rise, purchasing a home feels further and further out of reach for most Australians. To combat this, former mortgage broker and investment banker, Michael Ragavan is creating a new… Read more »

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Hospitality marketplace Foodbomb seasons COB supplies with BNPL option

- March 14, 2022 2 MIN READ

Hospitality wholesale ordering platform Foodbomb has introduced a buy-now-pay-later (BNPL) product to help restaurateurs and cafe owners manage supplier payments. Foodbomb’s solution, BompPay, gives users 21-days of credit to pay wholesale suppliers without additional cost. Suppliers are paid immediately. Founder and CEO Paul Tory said that recent discussions with clients revealed that more than 40%… Read more »

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VC investor Bill Bartee says what you need to know about investing in quantum tech

- March 9, 2022 4 MIN READ

Australia is becoming the place to watch for venture capitalists looking for the next big thing in quantum technology.  In the lingering shadow of the global financial crisis and dot-com crash, Vikram Sharma decided to establish Australia’s first quantum technology company. Born out of his research on quantum cybersecurity with the Quantum Optics Group at… Read more »

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How Tasmania’s digital blackout was fixed, and how to avoid it happening again

- March 3, 2022 3 MIN READ

Tasmanians suffered a six-hour digital blackout on Monday, with phone and internet services down across the state. Some radio and television broadcasts were also affected, as well as banking and electronic payment services. The impact was so severe that Tasmania’s connectivity to the rest of the world was reportedly reduced by 70%, before services slowly… Read more »