A few weeks ago, the Telegram white paper leaked. The white paper discusses Telegram’s plans to build a decentralised ecosystem, launch a variety of Blockchain services and, of course, the Telegram Open Network (TON) comes with their own cryptocurrency called Gram. There are various rumours that Telegram is looking to raise at least $500 million in a pre-ICO sale and another $500 million in the actual ICO. As such, it could become the largest crypto raise to date and have a significant impact. However, it all depends on how Telegram will approach their ICO.
After all, the current trend [...]
The fast-changing, uncertain and ambiguous environments that organisations operate in today, requires organisations to re-think all their internal business processes and customer touch points. In addition, due to the availability of emerging (information) technologies such as big data, blockchain and artificial intelligence, it has become easier for startups to compete with existing organisations. Often these startups are more flexible and agile than Fortune 1000 companies and they can become a significant threat if not paid attention to. Therefore, focusing purely on the day-to-day operation [...]
Many government bodies, regulators, investors and banks see Bitcoin, or even the whole cryptocurrency market, as a speculative bubble. Some say it is a fraud, while others speculate that it will continue to rise in 2018. Earlier, I wrote an article why I believe that Bitcoin will fail. Not because it is a fraud, but because it is flawed. Despite my belief that Bitcoin will eventually fail, blockchain and some, not all, cryptocurrencies will likely reach mass adoption and bring significant change to how we run organisations and societies. Since the innovation of blockchain and cryptocurrencies [...]
Open strategy is the decentralisation of strategy formulation across, previously excluded, internal and external stakeholders. Traditionally, companies focused on control and ownership of an organisation’s assets to ensure competitive advantage. However, this focus on control of resources is no longer the key to success. In today’s data-driven societies, knowledge, i.e. data, is widespread and easily accessible and organisations are increasingly turning into data companies. Access to this knowledge can fuel innovation, especially when it is used to embrace external ideas and data and when [...]
The world is being transformed through rapid breakthroughs in data and AI. Every day, we hear about more innovations -- from small startups to global economies. Nearly every job currently occupied by human labour--from farmers, offshore customer service representatives and even taxi drivers--could be given to a robot within the next few decades.
As we have reached 2018, let's take a look at how AI is being developed around the globe and what artificial intelligence has in store for us in the coming year.
USA: Utilizing AI for AgTech
Accenture predicts that by 2035, AI may boost U.S. [...]
From its humble beginnings with bitcoin, blockchain has morphed into a technology that has the potential to affect nearly every industry from banking to online publishing. At dscvr.it, we also see the enormous potential of blockchain, which is why we are developing a decentralised collaboration platform that will offer solutions to fake news, clickbait and plagiarism. There are several ways blockchain can solve problems such as plagiarism and spam, let’s see how blockchain will dramatically improve content as we know it since the ripple effects of blockchain are just beginning to be felt.
Growing investments in Artificial Intelligence (AI) technology have transformed many areas in the business world, especially among high-tech and financial organisations. External spending on AI-related projects went up to $12 billion in 2016.
Companies looking into AI may focus on the potential for automating low-skill tasks, but they are overlooking a major opportunity. Artificial Intelligence can also play a significant role in corporate governance. AI can help streamline decision-making processes, transform big decisions from gut feelings to data-driven knowledge, and better predict the [...]
It is that time of the year again and 2017 is over before we knew it. The Year of Intelligence brought us a lot of progress and change; from over-hyped ICO’s to algorithms that created secret languages. As every year since 2012, I provide you with seven of the most important technology trends for 2018 to help you, and your business, prepare for the next year.
One thing that we can state is that we are on our way to enter the 4th Industrial Revolution. Many of the technologies that have been promised for decades are constantly improving and are now reaching a point of maturity. Once that [...]
While the challenges facing the future viability of Bitcoin and other cryptocurrencies remain unresolved, the underpinning technology that supports Bitcoin, Blockchain, has the potential to revolutionise the way we leverage trust- and even the way we think about trust.
Trust is a fundamental good that, while largely intangible, is key to the functioning of practically every meaningful interaction in society. We tend to think of trust concerning business, banking, relationships and finance since the necessity of trust in these areas is clear and undeniable. In fact, without trust, no [...]
When most people think of a cryptocurrency, the first thing to come to mind is probably Bitcoin. But Bitcoin is just one of many. At the moment, there are over 1275 cryptocurrencies, with a total market cap of over $200 billion, each of which offers different values and benefits.
Unlike traditional currencies like dollars and euros, which have a fixed value regardless of how and where you use them, different types of cryptocurrencies and tokens perform differently and are designed to solve various issues and problems in the digital world. A dollar or euro has the same value whether you use [...]