• How Blockchain Will Change Organisation Design

    Organisations adopting blockchain technologies can be viewed as Human-Machine Networks (HMNs), where combinations of humans and machines interact with each other. The more an organisation moves towards a ‘Decentralised Autonomous Organisation’ (DAO) design, the more efficient and autonomous it will become. Ultimately, organisations can operate completely independently using a distributed ledger technology, a combination of smart contracts, connected devices, analytics and of course data. Within such futuristic organisation, interactions between stakeholders will be guided purely by [...]

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    How Security Tokens Could Change Liquidity and Transform the World’s Economy

    Traditionally, assets such as real estate, collectables and art have been relatively illiquid. This means that the asset cannot be easily bought or sold in the market. If an investor wants to sell a $100 million building, it usually will take some time before the investor has the money, if there is a market for in the first place. On the other hand, a company’s stock is relatively liquid as it can be quite easily converted into cash. Cash is considered the standard for liquidity as it can be converted into another asset at any moment. Liquidity ratios are a measurement for how fast assets[...]

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    Why Ricardian contracts, not Smart Contracts, are Blockchain’s Killer Application

    Smart contracts have been dubbed the killer application of distributed ledger technology. Within every industry, smart contracts will provide significant efficiency benefits. They will reduce transaction times between stakeholders from weeks to minutes or seconds. Especially within global supply chains, smart contracts will kickstart data-enabled collaboration. They can offer trust, provenance and security while enabling instant transactions. Smart contracts may seem revolutionary, but they are nothing new. In fact, they have been around for a long time. Smart contracts are already in place[...]

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    What is a Security Token Offering (STO) and Could it Replace the ICO?

    In 2017, there were 875 Initial Coin Offerings (ICOs), raisingUS$6,23 billion, which equals on average US$7,12 million per ICO. In 2018, there were 1257 ICOs that raised US$7,85 billion, which comes down to an average of US$6,25 million. Not surprisingly, the vast majority of these ICOs were done in the first months of 2018. In the past four months of 2018, the total amount raised was $873 million. There are no details yet on the deals done so far in 2019, but it can be safe to say that the amount will not be high. In the past years, we have seen the rise and fall of the Initial Coin Offering.[...]

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    Why the Crypto Winter is Good for Blockchain

    In April 2017, the total market cap of the cryptocurrency market was US$25 billion. Nine months later, on January 8, 2018, the market cap reached its highest point of US$813 billion. A staggering increase of 3252% in just nine months. However, one month later, as of February 6, 2018, the market cap dropped to US$308 billion. A drop of 62% in just one month. End of November 2018, the market dropped to US$ 122 billion, another drop of 60% since February 2018. Since then, it has sort of stabilised around this market cap. It is clear that we are in a crypto winter. For many investors in the [...]

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    2018 in Review: The Year of Transition is Over

    Last year, I called 2018 the Year of Transition because technological developments are accelerating, but they had not yet reached the state of full maturity. Indeed, artificial intelligence did leap forward, with Uber developing a new machine learning technique and AI beating humans in the game Dota 2. As I correctly predicted, the ICO hype came to a near standstill. Among others due to the crypto bear market and additional scrutiny from regulators such as the SEC. We saw a new approach to data ownership with the launch of Solid PODs by Sir Tim Berners-Lee. Finally, we saw that quantum [...]

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    3 Reasons Why You Should Not Use Blockchain in Your Organisation

    For the past years, blockchain has been a huge buzzword. Especially after the crypto hype of 2017, organisations were convinced that they had to do something with blockchain. If only it was changing your company name to include blockchain in it. Although we have are in a bear crypto market, blockchain remains a buzzword. It reminds me of 5 or 6 years ago, when big data was the buzzword of the days. Back then, every organisation thought they had to do something with big data, but they had no idea. There was even a famous slide stating: “Big Data is like teenage sex; everyone talks about [...]

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    Why Blockchain is Quickly Becoming the Gold Standard for Supply Chains

    Global supply chains are complex processes. Different companies, with distinctive objectives, are working together to achieve a common goal; to bring something from A to B. For a supply chain to work, partners have to trust each other. To do so, there are multiple checks-and-balances, extensive documents and different checkpoints all interacting in a web of bureaucratic processes. Knowing the amount of paperwork required to send a product from farm to plate, it is remarkable that we have managed to develop global supply chains. However, the processes in place are time-consuming, expensive [...]

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    How to Improve the Customer Experience with the Intelligent Enterprise?

    If you take care of your customers, your customers will take care of your shareholders. It is that simple. To create value for your shareholders, you should focus on your customers. Offering your most important stakeholder what they need, when they need it. Unfortunately, many organisations fail to recognise the customer as their most important stakeholder. Thereby threatening the success of the organisation. There are multiple reasons why organisations fail to take care of their customers. One reason could be because the organisation is more focused on cost reduction instead of service [...]

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    Enterprise Blockchain Solutions: Seven Use Cases

    With the development of distributed ledger technology now ten years in the making, slowly enterprises are exploring the possibilities of blockchain as well. While most of the blockchain startups working on innovative solutions focus on public and/or permissionless blockchains, enterprises will predominantly use private and/or permissioned blockchains. The most important difference between a public and a private blockchain is that within a public blockchain, the actors involved in the network are not known, while in a private blockchain they are. As a result, within a public blockchain, [...]

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