Sri Lanka Latest News: Technological Advancements

 Sri Lanka Latest News

Sri Lanka has been on the forefront of technological advancement for some time now, and recent news from the country indicate that it will continue to do so in the future. Sri Lanka has one of the most advanced IT sectors in Asia, and with plans to launch Sri Lanka’s first space satellite by 2020, there’s no doubt that the country will continue to make headlines as it becomes more technologically advanced over time. The following are some of the recent advancements that have been made in Sri Lanka

Sri Lanka Latest News on Technology Section: 1) Sri Lankan Government To Launch 'GeoNet'

Sri Lanka's Ministry of Science and Technology is planning to create a digital map of Sri Lanka using its GeoNet project. The Digital Map of Sri Lanka will be used for various applications in administrative, defence, educational and other sectors. The Sri Lankan government also said that it plans to launch GeoNet later in 2015. Launching GeoNet will give Sri Lankans more access to information about their country's geography and urban landscape through real-time digital maps. Sri Lanka's Minister of Science and Technology, Sujeewa Senasinghe, recently told reporters that Sri Lanka would launch its own version of Google Earth. He added that Sri Lanka already has an advanced mapping system known as 'GeoNet' which was created by Sri Lankan researchers.

Sri Lankan Prime Minister Presents Smart City Design Concepts

Sri Lankan Prime Minister Ranil Wickremesinghe has presented his vision for a smart city to cabinet members, with broad plans already in place. He will reportedly establish a new government agency to oversee key projects that will see Sri Lanka’s ICT sector flourish and become central to development. Sri Lankan Prime Minister Ranil Wickremesinghe has presented his vision for a smart city to cabinet members, with broad plans already in place.

Seylan Bank Launches ATM With Biometric Identification System

On March 7, 2017, Sri Lankan financial services company Seylan Bank announced that it had become one of only two financial institutions in Sri Lanka to roll out a biometric ATM. The biometric ATM uses an advanced facial recognition system to verify user identity. It also makes use of multiple layers of protection and encryption technologies to protect customer data. Users must first create an account with Seylan Bank before they can access their accounts using the biometric ATM.

Hatton National Bank's New Branch Opens in Gampaha District

Sri Lanka’s largest bank, Hatton National Bank (HNB), has opened a new branch in Gampaha, expanding its network across all major districts of Sri Lanka. The Gampaha branch was formally inaugurated by Deputy Minister of Economic Development, Honourable Basil Rajapakshe at Viharamahadevi Park on September 29, 2017. This is HNB’s fifty-fifth branch across Sri Lanka.

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