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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.

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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.

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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. Bitcoin and other cryptocurrency are programmed on a system called blockchain. It is here to stay with abundant applications.

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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.

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The future of Digital Banking: it’s time to disrupt!

The BMI Lab Blog

Banking is ripe for disruption. As one of the main foundations of our economic systems, the banking system is a highly regulated environment. Every step a bank takes is always under close scrutiny since (fundamental) changes could have deep consequences on the overall economy.

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Why we should expect more disruptive innovations

Jeffrey Phillips

Similarly, Blockbuster experienced almost the exact same disruption. The fact of the matter is, Schumpeter's 'creative destruction' will occur more rapidly and more frequently, and we need to be anticipating disruptive innovation, if not simply welcoming it and accepting it. What does this mean for innovators?

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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . Keep reading to understand this movement and see what the main benefits of Open Banking are!