In Episode 45 of my weekly update, I’m sharing stories and insights around a brand new era of e-commerce, modern companies that catapulted to billion dollar valuations, and HSBC’s big blockchain play.
Social platforms like TikTok (and similar popular video apps in different parts of the globe) are surfacing a new way to reach shoppers directly. The concept of short videos as entertainment is quickly transitioning to real retail opportunities, and with it, ‘discovery’ is taking prominence to ‘search’.
Increases in computing power and the subsequent rise of exponential technologies like Artificial Intelligence has led to large-scale shifts in long-held business paradigms, including for example, the notion of company value as it relates to meteoric growth and valuations.
Spending on blockchain solutions globally is projected to exceed $12B by 2022, with the finance sector leading the way. Estimates show for example, that blockchain solutions could reduce losses from fraud in retail banking globally by up to $9B.