Posts Tagged ‘anna’
IATA Digital Coin | YouTube
Read MoreIATA shared its inspirational idea at WFS 2016 FinTech session – IATA digital coin. Lykke is proud to have had a chance to contribute!
6 Technologies that will Revolutionise the Aviation Industry in 2017
- Blockchain Technology
- Identity Management
- Tokenising Frequent Flyer Programs
- Item custody-change tracking
- Tokenising e-tickets
- Game of Drones
- Augmented Reality
- AI (Chatbots)
- Airline New Distribution Capability
- Indoor positioning systems (Beacons technology)
Source: 6 Technologies that will Revolutionise the Aviation Industry in 2017
Read MoreBoeing Improves Operations with Blockchain and the Internet of Things – Cloud Foundry Live | Altoros
Currently, the provenance of each component part in the life cycle of an aircraft is hard to track. This contributes to the complexities that arise in the operation, maintenance, and the eventual disposal of each individual plane.
Source: Boeing Improves Operations with Blockchain and the Internet of Things – Cloud Foundry Live | Altoros
Read MoreDigital currency in aviation financing | International Law Office
Although there are a few disadvantages associated with using digital currency as a means of trade, it poses advantages in eliminating the numerous costs imposed by intermediaries. Further, it is a secure form of currency as each user is in control of their money and there is less economic risk associated with trading with digital currencies.
Source: Digital currency in aviation financing – Newsletters – International Law Office
Read MoreLeveraging artificial intelligence in accounting | Acuity
- Computer-based automation and cognitive learning are seemingly the perfect match for the accounting industry.
- AI could drastically reduce the reliance on human smarts in a wide range of applications.
- AI will leverage a human’s ability to perform tasks, not entirely replace them.
Source: Leveraging artificial intelligence in accounting | Acuity
Read MoreBoards Can’t Wait for CEOs to Prioritize Digital Change | HBR
… insular corporate culture that was slow to respond to threats from traditional competitors, and now digital ones. P&G’s Gillette razor brand was a case in point; it had steadily lost market share and had to cut prices when online upstarts Dollar Shave Club and Harry’s arrived on the competitive scene.
Source: Boards Can’t Wait for CEOs to Prioritize Digital Change | HBR
Read MoreBlockchain is Eating Wall Street | Alex Tapscott | TEDxSanFrancisco – YouTube
Read MoreTrust is the expectation that the other party will abide by their commitments. That they will act with integrity. And it’s been very difficult to get people to do that. What if we could program that into the fabric of our economy? What if we had a new protocol, a trust protocol on top of which we could build any kind of business? So it’s an exciting time. One fraught with peril but also lots of possibilities. Because it appears that once again the technology genie has been unleashed from the bottle. Summoned by an unknown person or persons with unclear motives at a very uncertain time in history. This genie is once again at our disposal to broker, to fix a broken system and to transform the economic power grid and the old order of human affairs for the better if we will it.
The Board Directors You Need for a Digital Transformation | HBR
- Digital thinker. The director has had little direct interaction with digital as an operator but conceptually understands the digital environment. They have been a board director or adviser in a digital business but are not a digital native.
- Digital disruptor. The director has been deeply embedded in digital, often with experience from a pure-play company. This type of leader typically has less general management breadth.
- Digital leader. The director has had substantial experience running a traditional business that leverages digital in a significant way (retail or media, for example). It’s likely that this person has less hands-on digital experience but has managed disruption as a general manager.
- Digital transformer. The director has led or participated in a transformation of a traditional business. Typically the person does not have the seniority of a digital leader but is more digitally astute.
Digital transformation needs to be wholesale. Digital innovation needs to permeate and recast every aspect of the business and the board. Companies that do so will thrive in the new world, and those that do not, sooner or later, will fail.
Source: The Board Directors You Need for a Digital Transformation | HBR
Read MoreBlockchain: Massively Simplified | Richie Etwaru | TEDxMorristown – YouTube
Richie Etwaru, discusses the opportunity and implications of blockchain as a paradigm to slow/close the expanding trust gap in commerce. He unpacks blockchain to a level of simplicity to be consumed by those who are just starting to understand and explore the paradigm. He lays out a current state of commerce, suggesting that every company is currently at risk of being disrupted or incurring severe strain from a blockchain version of itself.
Every company in the world today, not just the intermediaries, are at risk of having competition from a blockchain version of themselves.
We are at the ground floor of a new paradigm in humanity that will change the human experience called Blockchain. The thing it is going to change is Trust.
Takeaway
Blockchain in one word: “Trust”
Read MoreIBM Think Academy: Blockchain, How it works
What is Blockchain? Blockchain is a shared, immutable ledger for recording the history of transactions. It fosters a new generation of transactional applications that establish trust, accountability and transparency—from contracts to deeds to payments.
Frees up capital flows, speeds up processes, lowers transaction costs and most importantly provides security and trust. We believe that Blockchain will do for business what the Internet did for communications.
Source: IBM Blockchain
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