Remove Banking Remove Disruption Remove Industry Remove Technology
article thumbnail

China the story of innovation and disruption.

Paul Hobcraft

Disruption is all around us; it never seems to go away; it simply appears in a different and often entirely new form. The result is the same; it disrupts what we know and often in how we suddenly need to set about doing it differently. Much of the innovative disruptions seem so obvious; you wonder why we were not doing these before.

article thumbnail

Bringing Blockchain into Real Life: Practical Applications for Disruptive Technology

Daniel Burrus

At this point, those who do understand what cryptocurrency is realize the disruptive nature of the concept and how it can upend the banking and financial industry. But the disruption from the concept of a digital wallet and cryptocurrency runs far deeper than just money. Disrupting the Real Estate Industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin and Blockchain: A Small Glimpse Into Big Digital Disruptions

Daniel Burrus

This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. The fact of the matter is that many people did not fully understand the mechanics behind Bitcoin.

article thumbnail

New Business Designs can be delivered through a Business Ecosystem Approach.

Paul Hobcraft

When looking at radically different thinking and design in business, where Ecosystems become central, you need to ask yourself what industries would benefit from such an alternative design and thinking due to the changing complexities and challenges they are facing. New Business Design- Empower Your Business Ecosystem.

Design 147
article thumbnail

Change the Bank: banking industry rules are changing

mjvinnovation

We have already mentioned the importance of the cycle of Run the Bank to Change of Bank and how urgent it is to monitor these transitions to remain competitive. Open Banking is a game-changer that alters the entire configuration of the banking sector. As with most disruption, those who do not adapt will die.

Change 52
article thumbnail

Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks.

article thumbnail

Bitcoin is Just the Beginning: The Valuable Potential of Blockchain Technology

Daniel Burrus

While many have solely thought of Bitcoin when the term “cryptocurrency” is referenced, today it is the system they are built on that is disrupting many entities in the financial industry and beyond. The rapidly evolving technology of #blockchain holds enormous promise for game-changing #disruption.