April 8 – 5 Key Stories From The Digital World

By April 8, 2019 Insight

1. Space tech rockets higher

  • barriers to entry came down in 2009, when SpaceX provided increased access to space
  • satellites previously cost hundreds of millions (or even billions) to design, manufacture, and launch
  • just over 40 percent of the Top 100 venture capital firms now have at least one space investment

2. Barclays, RBS, R3 Cut Property Transaction Times in Blockchain Trial

  • real estate buying and selling process could be reduced from more than three months to “less than three weeks
  • blockchain technology for the process could save the global property market about $160 billion annually
  • participants in a real estate sale can transact directly and retain control over their own data

3. How to get your company’s people invested in transformation

  • Transformation, driven by new industrial platforms, geopolitical shifts, global competition, and changing consumer demand, is front-page news
  • Can a global company successfully transform without bringing along its 30,000 employees? I doubt it.
  • Leaders who can engage emotionally with employees and humanize change initiatives by creating inspiration and innovation are most likely to succeed.

4. How Bitcoin found its niche in competition with Visa, Master Card and Paypal

  • In terms of total transaction volume, Bitcoin overtakes PayPal and nears MasterCard
  • transferring sums below $100, it is more reasonable to use Visa and MasterCard, but if the sum increases, Bitcoin begins to look better.
  • Visa, MasterCard and PayPal have centralized data centres, whereas Bitcoin’s transactions are processed by its nodes.

5. Digitalization In Industry — Observations From Hannover Messe 2019

  • B2B segment is larger than the consumer segment on most accounts
  • critical for traditional businesses to define their own culture before launching into a technology debate
  • For vendors to ignore the subscription model can be risky for traditional businesses