• How Blockchain Could Contribute to Ending Poverty in All Its Forms

    Technological advancements have reduced global poverty significantly in the past 100 years. Many people have been able to leave poverty due to this. However, more than 1.3 billion people still live in extreme poverty. Extreme poverty is defined as having less than $1.25 to spend every day. There are a wide variety of causes for poverty, which differ per country. In general, causes for poverty include lack of education, environmental problems, lack of access to banking facilities, lack of legal ownership of property, lack of rule of law, overpopulation, epidemic diseases or changing trends in[...]

    Read more

    A Distributed Future: Where Blockchain Technology Meets Organisation Design and Decision-making

    Blockchain technology records and forever maintains data that cannot be changed. It also involves ‘smart contracts’ and consensus mechanisms that govern processes of automation, as well as the development, evaluation and execution of decisions. Blockchain technology has the potential to transform organisation design due to its decentralised and distributed characteristics. To understand how blockchain will change organisation design and decision-making, let’s first dive into the history of organisation design before investigating the impact of this fundamental technology on organising [...]

    Read more

    5 Ways How Blockchain Will Change the Travel Industry

    The myriad of companies that are involved in a single customer’s travel plans is one of the main reasons why many people are excited about how blockchain can transform the travel industry. Just as Bitcoin was conceived as a method for bypassing financial intermediaries, blockchain can help to improve the travel experience by letting customers interact directly with service providers. This process is already underway, with multinational corporations and technology startups developing blockchain solutions across a range of industry use cases. 5 Blockchain Use Cases in the Travel Industry [...]

    Read more

    The Organisation of Tomorrow – Available Now!

    Earlier this year, I completed my PhD at the University of Technology Sydney. My research focused on how do emerging information technologies change the interaction of organisations and technologies. The title of my research was: Sociomateriality in the age of Emerging Information Technologies: How big data analytics, blockchain and artificial intelligence affect organisations. Undertaking a PhD was a great experience and an intellectual challenge. However, academic dissertations are dry and difficult to read. Therefore, I turned my thesis into an easy-to-read-and-digest management book, [...]

    Read more

    The Top 11 Blockchains for Enterprise Organisations, and Why

    Organisations wanting to use blockchain technology to decentralise their data and collaborate with industry partners are now presented with a bewildering range of options. Since the Bitcoin revolution began in 2008, the number of blockchain networks has mushroomed to the point where companies must carefully select which one is right for them. They should start by understanding the meaning of decentralisation and the reasons why it could benefit them. The benefits of decentralisation include efficiency gains, the provenance of products and data, increase trust amongst industry partners, [...]

    Read more

    7 Companies Protecting Your Food with Blockchain

    Food is important and you are what you eat. Eating healthy and good food is important if you wish to be fit and healthy. Even if you have an unhealthy diet, the occasional big mac, you want your food to be of good quality. Meaning you want your food to be well-treated throughout the supply chain and without any unhealthy bacteria. Fortunately, there are a lot of regulations to ensure the safety of your food and drinks. Manufacturers have to comply with these regulations. However, despite all regulations, sometimes it goes wrong. For example, in 2008-2009, nine people died due to Salmonella [...]

    Read more

    Libra is Here: What Does a Facebook Cryptocurrency Mean for the World?

    After months of speculation, Facebook has revealed its Libra blockchain and the Libra coin to the world. The highly-anticipated cryptocurrency ran into immediate opposition in Europe and the United States. The French Finance Minister Bruno Le Maire said it was “out of question” that Libra would “become a sovereign currency”. Meanwhile, Markus Ferber, a German member of the European Parliament, said that Libra has the potential to become a “shadow bank” and that regulators should be on high alert. In addition, both Democrats and Republicans raised their concerns with Representative [...]

    Read more

    Blockchain and Trust: The Advantages of a Decentralised System

    Blockchain has the potential to revolutionise the way we leverage trust and even the way we think about trust. It is a fundamental good. While largely intangible, it is key to the functioning of practically every meaningful interaction in society. We tend to think of trust concerning businesses, banking, relationships and finance since the necessity of trust in these areas is clear and undeniable. But it goes a lot further. In fact, without trust, no transaction can go forward. The very idea of even the simplest negotiations becomes implausible without it. Unfortunately, according to the [...]

    Read more

    Why the Government of Tomorrow is Also a Data Organisation

    Nowadays, every organisation is a data organisation. This not only applies to commercial organisations, but also to governments. Governments at every level – local, regional, national and supranational – should take a different approach to organise their activities. However, becoming a data organisation is not an easy feat. It requires governments to rethink all their processes and all citizen touchpoints. Even though governments do not have such fierce competition as organisations do, they too have to adopt technologies such as predictive analytics, blockchain and AI to improve their [...]

    Read more

    Five Blockchain Trends for You to Consider this Year

    The blockchain ecosystem is rapidly expanding. New blockchains or different consensus mechanisms are announced continuously, resulting in a more mature ecosystem. For blockchain technology to achieve wide-scale adoption, a decentralised ecosystem has to be developed. To achieve a decentralised society, many more components need to be built, requiring global standards and large investments. I estimate that it will take another 3–5 years before the ecosystem is ready for full-scale, enterprise adoption. Apart from the different industry layers that need to be developed, we will also [...]

    Read more