disruption – DISRUP|TEC

“Time to separate money and state”

While writing this post, Bitcoin is approaching the $12,000 mark, again.

Willy Woo has published an analysis showing that the number of bitcoin users doubles every 12 months. Sounds familiar? Because this is the characteristic of exponential growth.

bitcoin-google-trends-growth-1300x624

When exponential growth is based on a massive transformative purpose, then disruption is unavoidably going to happen. And here’s this purpose as wisely stated by @ErikVoorhees on November 28, 2017:

Why does Bitcoin keep growing? Because it’s time to separate money and state.

Naturally, somebody who has been working decades in the same industry doesn’t like disruption. It devalues their knowldege and experience, undermines the standing they are used to. So it is no surprise that Nobel laureates Stiglitz and Shiller are not fans of bitcoin & co.

Here is an articulate scenario:

Digitization-based disruption is already happening everywhere. For society, government and finance industry it’s just beginning.

Blockchain, Digitalization, Technology

Blogging about blocking

We live in exciting times.

As the Internet from the beginning has made millionaires and billionaires, and still is, same thing is happening in a new domain right now: bitcoin.

bitcoin_com — Source: http://www.bitcoin.com

Coming from roughly $800 in January 2017, the famous cryptocurrency posterchild’s share price did exceed $5,800 on October 15.

coindesk-bpi-chart

And while there are very contrary opinions about the future share price development, there is no doubt about the underlying blockchain technology.

Start-ups, IT heavyweights, banks and other financial institutions, logistics companies, consulting firms, governments and regulators are eager to check the opportunities it may offer.

blockgeeks_com — Source: http://www.blockgeeks.com

New and disruptive business models, coming with reduced transaction costs and increased security are the promises.

A period of trial & error has begun. Concepts are developed, whitepapers written, pilots set up and tested … all that bringing progress, new ideas, corrections, contributing towards the next stage.

And as always, participating is the key to success. So the focus of this Website will be extended, covering blockchain concepts and project experiences.

Stay tuned.

Digitalization

Business disruption gone wrong

2 weeks ago I have transferred administration of one of my business domains to DOMAIN.COM, in order to have all my domains under one roof, simplifying life.

Was I wrong. Just the opposite happened.

First it took 2 days until my Website was up and running again. Could be normal or not. Then I found that my Webmail wasn’t working. Could be fixed by changed settings myself, with help of my home admin.

Then I had gotten one or 2 emails with a subject “Confirm your domain”. There was no more explaining text and not even a signature, which was strange, so I checked the domain it came from: domain-inc.net.

Here’s the Website:

Bildschirmfoto vom 2017-07-03 11-23-03

Didn’t look like something official, so it was ignored as spam. Not a good idea.

Few days later my domain was suspended and since then I am spending lots of time in the domain.com support chat.

After having sent more verification documents on saturday, we’ve been told that over the weekend the verification department does not work.

This monday morning we’ve been told that the verification department is understaffed today because of tomorrow’s national holiday and we now don’t expect them to be back to work before wednesday.

Reminds me of some stories in the past with a similar background: Almost all serious businesses have streamlined their everyday processes to efficiency and it works very well. Most of the time. But when something goes wrong, it gets really complicated. As here and now.

Some time ago we’ve sent an overnight package by UPS or Fedex or DHL. Didn’t arrive in time and not at all. So we’ve had to resend it, using the same carrier. At pick-up, the employee seriously insisted to get paid for this order as well, not accepting the fact that we’ve paid already, weren’t served as contracted and even had experienced real damage.

So before a business gets disrupted in a constructive, forward-moving way, more attention has to be spent on avoiding unintentional disruptions.

Digitalization, Technology

Autonomous cars? Think bolder.

Just stuck in a 1-hour traffic jam few days ago because of some wires fallen across the Interamerican highway. And as this is the backbone of Panama, there is no way to go around. Time to go over it, literally.

Bad news: all the upcoming autonomous driving cars will not change this. Not at all. But the solution is above our heads: kind-of-autonomous flying objects. (AFO)

Here is what imho is the best concept and first real prototype ready to fly this year:

liliumflying

Fast as a jet
vertical take-off and landing
light-sport category
36 engines (electric fans)
6 battery packs
3 computers
2 seats
1 airframe parachute.

It is Lilium’s electric jet, developed by a Munich-based start-up that lately got a €10mio capital infusion.

liliumhelipad

This aircraft can take-off and land on a helipad or elsewhere. No runway, no emissions. Once in the air it travels as fast as 180 mph and goes for 300 miles.

Consider it as disruption in personal travel and keep watching here

All pictures (C) Lilium Aviation

Digitalization, Society

Digitalization and the growing gap

Digital technology is developing exponentially. As it grows into more and more industries, their ongoing development not only accelerates, but becoming disruptive.

The general public can’t follow, getting more and more separarated from the digital elites. Consequently, digitalization is creating fear for average people.

We must not watch this gap growing. But what to do about it?

dreamstimemedium_71305700-geaendert

We can’t slow down technological development, so there is the other side only left to influence: human beings, their knowledge, understanding and involvement.

Real progress is made by advanced technology, combined with its understanding, acceptance and daily usage by as many people as possible.

Digitalization

Digitalization, Disruption, Relocation

Life goes digital and changing our world. Airbnb, Instagram, Uber, Whatsapp, Blockchain etc.

Your industry, the business you have built and love, may already be watched by some disruption vultures. These are tech people, identifying limitations of your business model and re-inventing it, applying latest digital technology, making your company obsolete.

There is another aspect: re-location.

In the past, tech firms had one choice only to become really succesfully: Silicon Valley.

But digitalization, kind of invented there, now enables businesses to settle somewhere else, and have even some advantages, the Valley can’t offer: immigration, taxes, operation and living costs, climate and investment opportunties.

We’re in Panama for a reason, some of them.

Stay with us to speak about how to disrupt your business model yourself.

Why we are qualified to do so? Look here.