Remove 2017 Remove Efficiency Remove Finance
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Blockchain: New Use Cases for Governments and Business

Tom Spencer

Blockchain has already had a significant impact in the finance industry with the global cryptocurrency market cap now exceeding $1 trillion. Low transaction costs will also be necessary to ensure efficient operations and to ensure that blockchain systems offer a cost advantage over the status quo. In 2017, Protokol estimated that $1.2

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Drones Help New Industries Take Flight

Tom Spencer

This post explores three areas where drones are currently being used, the data they generate, and how they are being used to increase efficiency and maximise profits. In August 2017, after Hurricane Harvey hit Houston, authorities used drones to assess damage and look for people trapped in their homes or vehicles ( Fortune, 2017 ).

Industry 104
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Growth of Fintech and Disruption of Brick-and-mortar Financial Institutions

Tom Spencer

The idea that technology can be configured to drastically improve the delivery and usability of finance began taking off following the financial crisis of 2008, when consumer distrust for traditional banks combined with the increasing popularity and functionality of smartphone apps. References: EY(2017) EY FinTech Adoption Report 2017.

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Blockchain: Bitcoin, Bored Apes, and Beyond

Tom Spencer

Blockchain technology is making a strong impact in the finance industry due to the fact that it enables decentralization and direct peer-to-peer transactions. Removing the financial intermediary, i.e. the bank, can increase convenience, efficiency, and security.

Energy 88
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The Hidden Costs of Initial Coin Offerings

Harvard Business

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Finance 28
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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

Beyond just time, buffers can cover finances, manpower, and more. Such flexibility not only allows for real-time optimization but also leads to more efficient resource management. This system serves as a single source of truth for decision-making and is informed by real-time buffer consumption, guiding efficient resource allocation.

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What are the potential risks of digital currency?

Tom Spencer

In 2017, initial coin offerings (ICOs) were also banned in China as a form of “public financing without approval”. Although embracing digital currency may allow economies to operate more efficiently and enjoy lower transaction costs, it also means building economies that are dependent on the Internet. Loss of privacy.

Banking 88