October 9 – 5 Key Stories From The Digital World

By October 9, 2019 Insight

1. How esports is growing for real and the brands are diving in

  • sports teams are building out diversified businesses, spreading across different games, regions, and related businesses…Real estate companies are investing in esports venues in Miami, Las Vegas, and Los Angeles
  • Many teams are creating multipronged businesses, like Dignitas, which raised $30 million for its multi-game esports club, investments in esports, and a media and entertainment content business
  • colleges like the University of California at Irvine have built esports centers on campus and why they’re giving out scholarships sponsored by companies such as Riot Games

2. UNICEF launches Cryptocurrency Fund

  • UNICEF will now be able to receive, hold and disburse donations of cryptocurrencies ether and bitcoin, through its newly-established UNICEF Cryptocurrency Fund
  • In a first for United Nations organizations, UNICEF will use cryptocurrencies to fund open source technology benefiting children and young people around the world
  • first contributions to the UNICEF Cryptocurrency Fund will be received from the Ethereum Foundation and will benefit three grantees of the UNICEF Innovation Fund – and a project…to connect schools across the world to the internet

3.  Boeing To Invest In Human Spaceflight Pioneer Virgin Galactic

  • Boeing will invest $20 million in Virgin Galactic, a vertically integrated human spaceflight company
  • companies will work together to broaden commercial space access and transform global travel technologies
  • To date, Virgin Galactic has invested more than $1 billion of capital to build reusable, human spaceflight systems designed to enable significantly more people to experience and utilize space

4. Astronauts bioprint beef in space for the first time

  • Aleph Farms and partners have successfully grown meat in space for the first time
  • used a bioprinter from 3D Bioprinting Solutions to produce a cultivated beef steak
  • only big change for spaceborne creation is the faster maturation, since you can print from all sides at once instead of coping with the limitations of gravity

5. Digital Transformation Should Start With Customers

  • much better alternative to tackling an expansive organizational transformation with digital is to focus on the transformation of customer experience, relationships, and processes
  • not because transforming the customer experience is easiest, but because doing so is far more likely to keep a company viable than changing other aspects of business
  • In financial services and most other industries, emphasizing customer experience is likely to deliver superior results on revenues, profits, and stock price