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24th March 2017 Science and Technology Current Affairs

Supercomputing facility will be set up at IIT-Kharagpur

  • Under the National Supercomputing Mission (NSM), the Indian Institute of Technology, Kharagpur will be provided with the supercomputing facility.
  • It is the first educational institution in India to have this facility.
  • The facility will provide computational support to all the users, to carry out research, teaching that involves High Performance Computing (HPC).

Samsung has Launched Digital Payment App ‘Samsung Pay’

  • Samsung, Android phone maker has launched digital payment application in India. The mobile application name is ‘Samsung Pay.’
  • The application aims to target the Indians adapting to the digital payment mode.
  • The mobile giant is trying to make use of the business opportunity created post Prime Minister Narendra Modi’s demonetization drive.
  • As of now Samsung is tied with major banks HDFC,Axis, ICICI, Standard Chartered and State Bank of India.
  • Samsung works with MST (Magnetic Secure Transmission) and NFC (near field communication).

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