may the games begin!

Well… week one of 2022 was nice… 😉
 

#1 Yuval Harari explained why humanity is far from helpless. Vaccines are great. Epidemics are no longer uncontrollable forces of nature. Science is great! 😉 Covid also has underlined the power of information technology. Another remarkable thing about the Covid is that the internet didn’t break. As humanity automates, digitalises and shifts activities online, it exposes us to new dangers – potential digital infrastructure crashes (our next “covid”) or even future digital dictatorships! Science cannot replace politics – and it is a pity… Our scientific achievements have placed an enormous responsibility on the shoulders of politicians – a lot of them have failed us… One reason for the gap between scientific success and political failure is that scientists co-operated globally, whereas politicians tended to feud…

#2 It seems that the bubble might be close to bursting. U.S. stocks finished lower Friday, and the Nasdaq Composite booked its worst week since February 2021…Will we get a bit more time on this crazy ride?
 

#3 But… how can we start another year without having some top list of trends? Expect momentum in Life Science Technologies. Really fast internet and better coverage with the expansion of 5G-6G and Satellite-Based Internet Usage. High-Performance Computing becoming mainstream, in parallel with continued growth in Artificial Intelligence, Big Data Analytics, and Cloud Computing. Internet security and privacy issues will dominate our day-to-day. The Metaverse will shine in 2022 and… NFT Platforms will Boom and Blockchain technology will prevail! The Robotics sector will also become more prevalent. And last, but not least… there will be an increased urgency in the Renewable Energy Technology sector

A monument to former President Nursultan Nazarbaev was demolished by protesters in Taldykorgan in southern Kazakhstan on January 5. Kazakh President Qasym-Zhomart Toqaev declared a nationwide state of emergency after thousands of anti-government protesters clashed with police and stormed government buildings in an unprecedented wave of unrest in the oil-rich Central Asian nation that was sparked by a fuel price hike.

chained

In the last few years, multiple transformations in the service and product industries linked to information technologies have taken place – all at a frantic pace as the web 3.0 evolved, matured, and found its place in the market. However, when considering the one that has the potential to be the most disruptive, blockchain is definitely in the spotlight. Nevertheless, since its announcement, there’s been ups and downs and it hasn’t exactly lived up to the hype.

Many factors make the world question if blockchain will effectively be part of our daily lives. Yet, at the same time, there’s already enough proof that the technology is more than Bitcoin and it can actually have a positive impact across different sectors. But don’t let us preach to you about it, let us show you what’s coming next.


Way beyond Bitcoin…

The popularization of blockchain happened mainly due to the use case of digital assets, commonly known as cryptocurrencies. In the aftermath of the 2008 crisis, Bitcoin was created in a totally decentralized approach without requiring governance from any formal entity. In an almost utopian yet controversial way, it poses as a mechanism for transferring and saving “value” in a fully digital and distributed format. Nonetheless, there’s a myriad of other applications aiming at changing the world:

  • Insurtech has stepped up the game and is using blockchain to reduce fraudulent claims and ease a process that typically takes up a lot of time and energy (checking evidence and making reinsurance more efficient). Lemonade is the reference startup (which has become the best IPO in 2020), but several other startups are disrupting the space with P2P Insurance (such as Teambrella or, once again, Lemonade) and Claim Management & Risk Assessment (Tierion is improving claims processes while Cropt is supporting insurers with satellite data to confirm the actual damage presented by farmers, and machine learning algorithms to predict the yield of crops and the risk associated).
  • Supply chains have been drawing a lot of attention with blockchain solutions being deployed to keep track of the goods’ route and also optimize logistics. We don’t have to go far for this one. Both Auchan and Lidl Portugal announced they’ll be tracing the origins of all food with blockchain as a quality control measure to meet the growing demands of today’s consumers. As for some of the hottest startups, it’s worth highlighting:Everledger, Provenance and  TE-Food.
  • In the civic domain, a lot is going on. Startups like WalliD, which is turning to blockchain to privately store users’ ID documents in a digital wallet and design a global protocol for digital ID transactions, and Civic, which has the same principles but applies them to the management of digital currencies, are exclusively focused on identity. Plus, if we take a collective standpoint, there are many other compelling initiatives such as Follow My Vote, which is fighting to bring more transparency to polls and put an end to election fraud, or, speaking of transparent voting, TAIKAI, born in our MVP program as a blockchain-based platform for hackathons, which is fostering open innovation by connecting tech enthusiasts to companies that have challenges and are desperate to solve them.
  • Regarding security, decentralized storage platforms are picking up steam. Nowadays, data is seen by many as more valuable than money, so hackers are sort of modern pirates. To avoid being looted, or in other words, to prevent breaches and better safeguard data, decentralized storage platforms such as the ones that are being built by SIA, Storj or FileCoin (based on IPFS) look like a good option because, instead of having all files stored at the same place, they’re broken apart and scattered across multiple nodes on a network, making it impossible to read the entire content from one fraction.

Blockchain can be set up to operate for a variety of purposes, and its community is committed to expanding the technology’s level of influence. Judging by its success and increased use, I would say it seems that blockchain is poised to rule the digital world soon.

Continue reading “chained”

Beta Future

A great post from an inspiring builder studio that I had the privilege to visit some years back. before co-founding Bright Pixel.

John Borthwick, betaworks founder and CEO, just shared recent a post that I am still processing… I’ve read and re-read it a couple of times now… It’s truly worthwhile…

Next things we are thinking about at betaworks

next things
next things

A distributed layer of trust

ML and human machine collaboration

Next gen mobile and compute

New cities

New ways of living and working

New generation, new tribes = new brands

Synthetic media

Participatory media, gaming, and live