Tag: amazon

Bermuda joins Iceland and a select band of countries to approve electronic money institutions (Circle and Monerium respectively) which will be authorizedto issue electronic money anchored to the value of their currencies through stablecoins. A growing number of countries are now moving toward digital currencies: China’s goal in issuing a cryptocurrency is to exercise further control over what its population gets up to, Switzerland...
In the first week of March, big retail chains announced more than 1,100 planned store closings. That, writes Hayley Peterson at Insider, brings the number of planned US store closings for 2019 to more than 5,300. The Retail Apocalypse is here, and it has consequences.  Including, reports...
Corporations are always looking to innovate. A Google search for “corporate innovation” easily returns over 1.5M results; Amazon carries over 10,000 book titles that deal with the topic. And yet, despite all the information, resources, and training available on the topic, corporations are derided for their inability to...
Business models can take various forms, depending on a company’s strategy and the way their products and services are dispersed to the market. The taxonomy of business models defines two opposing camps: pipes (a.k.a “pipelines”) and platforms. “Pipes” refers to physical infrastructure and assets that help create...
Raj Armani took a leap of faith and started an online adult store and seven years later it is India’s number one adult store with over 250,000 fans and followers. What's your story?We launched India’s first online adult store in 2012 in a country...
As we all know, the internet has already transformed a number of industries from the ground up: from putting travel agents out of a job almost overnight, it went on to disrupt the media industry (music, newspapers, TV) and retail. Currently, banking, insurance, hospitality, automotive and logistics are witnessing unparalleled competition from new...
Transforming Value Chains with Networks In the past few months, I’ve been working hard to provide Platform Design Toolkit adopters and our readers with a clearer representation of the evolution of digitally enabled markets. I shared our...
Cities are rapidly expanding in size, wealth and power, with some now larger than nation states. Smart city solutions and strong global urban networks are developing to manage massive urban growth. However, cities exist within a wider system and it may take more than technological advances, innovation...
The short answer is 64% of companies use AI to be the next big industry disrupter — like Uber, Amazon, and AirBnb. Meanwhile, 36% want to prevent their disruption. Believe it or not, the main mission of companies using AI is not to spy on you, create the next Terminator or automate you...
Dorothy Yiu is a co-founder of Singapore-based startup EngageRocket, an employee feedback and analytics software creating greater workplaces. What's your story? I come from a business family, both my parents have run businesses all their lives so starting a business was always a very...