The Coronavirus crisis has many organisations struggling with the new reality. All of a sudden, entire offices had to shift to remote work, although they might not have been ready for it. However, 'never waste a good crisis' is a famous saying, and despite these challenging times, it also offers new opportunities for organisations. For years, I have been saying that the organisation of tomorrow is a data organisation. This means that organisations have to datafy their business processes and customer touchpoints and use analytics, blockchain, AI and other emerging information technologies to[...]
In 2020, the internet has turned out to have become a different place than it was originally intended. We can safely say that the web is under siege. One of the world’s greatest inventions is fundamentally broken. A relevant example of this is the famous saying “On the internet, nobody knows if you are a dog”. The consequence of it is that as a result of this openness, anonymity and lack of accountability is that we now live in a world where fake (news) is the new normal, trolls and bad bots control the internet, and online accountability is non-existent. As a result, online trust is [...]
Token financing has the opportunity to change the world economy drastically. Security tokens will enable organisations to bring real-world assets online, and decentralised finance (DeFi) aims to replace all existing financial services by decentralised solutions. One class of security tokens, asset-backed tokens, are connected to a tangible or intangible object that has economic value; it essentially digitalises an asset and records its associated information on a blockchain. Tokenising assets, including real estate, companies, art or digital assets, means lowering costs for issuers, but [...]
Blockchain offers many new solutions for existing applications. Two of the most exciting applications are supply chain and finance. Blockchain will be the gold standard for supply chain, and it will revolutionise the current financial system. Decentralised Finance (DeFi) will make a game-changing impact on the world in dozens of different economic dimensions. DeFi can address many of the flaws in the existing financial systems, including giving the unbanked access to the financial system. In the coming years, DeFi can offer improved transparency, more robust security while replacing many of[...]
Tokens have been around for 1000s of years, but only recently have we seen the rise of digital tokens. Now, cryptographic tokens offer us an opportunity to redesign value streams and hence existing ecosystems. A well-designed token ecosystem unlocks value by bringing parties together in new ways and stimulates the target behaviour by having cryptographic tokens as built-in incentives. Tokens matter and offer us a chance to redesign existing and new ecosystems. On January 14, 2020, we had the second round table session organised by the 2Tokens initiative. The 2Tokens project aims to [...]
Artificial intelligence (AI) has already had a profound impact on business and society. Applied AI and machine learning (ML) are creating safer workplaces, more accurate health diagnoses and better access to information for global citizens. The Fourth Industrial Revolution will represent a new era of partnership between humans and AI, with potentially positive global impact. AI advancements can help society solve problems of income inequality and food insecurity to create a more "inclusive, human-centred future" according to the World Economic Forum (WEF). There is nearly limitless [...]
Recently, I got involved in the 2Tokens project. The 2Tokens project aims to clarify the path to realising value from Tokenisation. In the 17th century, The Netherlands transformed the economic landscape with the invention of the stock market. Our assertion is that tokenisation represents as fundamental a shift for the 21st century, but insufficient initiative is taking place to realise the benefits for The Netherlands. Ultimately this is a guide on how to realise value from Tokenisation, first surfacing up challenges with the current legal & regulatory environment and helping to [...]
We have a trust issue. In our digital world, it has become increasingly difficult to trust each other. Whether it is another person, an organisation or a device, trust is no longer a given online. This is a serious problem for our society and our democracy. If trust is lacking in society, anarchy can be expected. The problem is, the more digital our society becomes, the harder it seems to trust each other. With technology being neutral, it is up to the user to determine whether to apply technology for the good or the bad. For example, artificial intelligence can be used to protect [...]
We have reached the end of 2019 and just like in previous years, I am looking ahead to see what organisations can expect next year. 2019 was the year of truth, with many enterprises developing blockchain proof of concepts, Google confirming a quantum supremacy breakthrough and more data breaches with the latest breach containing 1.2 billion records. Now for the 8th year in a row, I offer you my technology predictions for the next year, which I hope will help you prepare for 2020. At the start of this century, 2020 still seemed so far away. To me, it felt that in 2020 we would live in a [...]
According to McKinsey, data-driven organisations are 23x more likely to acquire customers, 6x more likely to retain customers and 19x more likely to be profitable. Being data-driven is good for business. Therefore, it is not a surprise that one question I always get when advising organisations is how to digitally transform your business and remain relevant in these fast-changing times. My first answer is to tell them that they have to achieve a gestalt shift, where they see their organisation from a different perspective. Instead of looking at your organisation from a product standpoint, [...]
The Coronavirus crisis has many organisations struggling with the new reality. All of a sudden, entire offices had to shift to remote work, although they might not have been ready [...]
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