Irish Gov Invests In Colour Coded Fibre Optics

c0mpliant writes: The Irish Government has invested a further €5 million, after already having invested €5 million one year ago, in a new system of Fibre Optics which heralds an era of virtualisation of fibre networks, using colour coding to enable multiple fibre providers to serve businesses and homes, often on a single strand of fibre. The technology, which has already sparked interest from companies such as BT and IBM, is already in its first phase and boasts an impressive 2.5 terabytes capacity, double the capacity of the London phone system carries. The company behind the technology Intune Technology is comprised of a group of ex-UCD photonics researchers and has been around since 1999 and are based in Dublin. The project is set to be completed by 2020. Could this be the new technology to fuel the internet?