Black Swan

Banking The Unbanked Internet of Things IoT

Bank­ing the Unbanked always refers to human beings and their enable­ment to par­tic­i­pate in the glob­al finan­cial sys­tem by pro­vid­ing them with bank accounts. In this post, I argue for bank­ing unbanked devices, i.e. machines, that are con­nect­ed through the inter­net — the Inter­net of Things IoT. Glob­al­iza­tion has made our world a small­er place: through the inter­net we know every­thing what hap­pens some­where with­in min­utes, through air trav­el we can per­son­al­ly

The Mindful Revolution

Mankind seems to have reached a cross­roads. At envi­ron­men­tal, polit­i­cal, and eco­nom­i­cal lev­els more and more urgent haz­ard warn­ings appear. Man has to cope with this high-speed change, and there are many well-intended activ­i­ties already under way. How­ev­er, what we need to sur­vive exceeds fast-track res­cue plans and well-meant com­mu­ni­ty engage­ment. We have to bethink our­selves of our inher­ent abil­i­ties and lever­age our entire skill set — we need a Mind­ful Rev­o­lu­tion.

Solving World Problems

It is said that a brain‘s size pos­i­tive­ly cor­re­lates with its host‘s level of intel­li­gence. The abil­i­ty of human beings to use tools in very elab­o­rate ways, to cre­ate art or to invent and tell sto­ries to each oth­ers, seems to prove a cer­tain suprema­cy over other crea­tures. As long as we won‘t have dis­cov­ered super­nat­ur­al life, humans regard them­selves as being the pride of cre­ation. Ok, then — all is fine!

Bridging The Gap

Yes­ter­day over lunch, we dis­cussed the lib­er­tar­i­an notion of essen­tial­ly get­ting rid of lega­cy com­plex­i­ty, such as leg­is­la­tion, reg­u­la­tion, etc. Some of the early pro­po­nents and cre­ators of cryp­to cur­ren­cies have expressed lib­er­tar­i­an world views by try­ing to leave the mon­e­tary sys­tem of cen­tral banks and hand over the power of money cre­ation to the peo­ple.

Beyond Logic

At school, I was never good in maths. At the uni­ver­si­ty, I was inter­est­ed in sta­tis­tics, but only mar­gin­al­ly. Hon­est­ly, I start­ed tu learn about the beau­ty of maths many years later, when work­ing with more intel­li­gent peo­ple than me who under­stand com­put­ers and data, in gen­er­al. After I start­ed work­ing on Blockchain and other dis­trib­uted ledger tech­nolo­gies in 2014, I began to realise that some aspects of maths, such as game the­o­ry or cat­e­go­ry the­o­ry,

Change Agents

A change agent is a per­son from inside or out­side the organ­i­sa­tion who helps an organ­i­sa­tion trans­form itself by focus­ing on such mat­ters as organ­i­sa­tion­al effec­tive­ness, improve­ment, and devel­op­ment. This is, what the dic­tio­nary says. For me, change agents are every­where, and always behind the next cor­ner. My behav­iour could be defined as my actions based on sev­er­al given dif­fer­ent pre­con­di­tions, such as my envi­ron­ment, my state of mind and health,

Predecentralism

At the begin­ning of 2019, none of the new the­o­ries and labels for the era after post­mod­ernism, which itself seems to have come to an end, have so far gained wide­spread accep­tance. Post-postmodernism, trans-postmodernism, post-millennialism, pseudo-modernism. digi­mod­ernism or meta­mod­ernism are some of the attempts to find an appro­pri­ate label for the times we are liv­ing in. My sug­ges­tion is: Pre­de­cen­tral­ism. With pre­de­cen­tral­ism I mean an era before most of our think­ing,

The Enterprise Evolution: From Hierarchichal Institutions To Protocols

From the early days of cap­i­tal­ism, when from 1633 the Hol­lan­dis­che Mer­curius referred to cap­i­tal­ists as the own­ers of cap­i­tal, on to David Ricar­do who, in his Prin­ci­ples of Polit­i­cal Econ­o­my and Tax­a­tion is seen as the one who actu­al­ly coined the term cap­i­tal­ism, until today: the struc­ture and behav­ior of the enter­prise as the main cap­i­tal­ist enti­ty, hasn’t changed that much. With the advent of blockchain tech­nol­o­gy, the evo­lu­tion of

Connecting The Dots

The days between X‑Mas and New Year’s Eve are some­what spe­cial for me: for­mal­ly, I decide not to work, and most part of the day that’s true. But since I have been an entre­pre­neur all my life, there’s no dis­tinct line between busi­ness and non-business, these days pro­vide the time for reflec­tions — how was the past year? — and for thoughts about goals and instru­ments for the approach­ing next year. Most­ly,

New Product Development in the Age of Smart Things

If you’re respon­si­ble for new prod­uct devel­op­ment in your com­pa­ny, you will be famil­iar with the sev­er­al steps of that process. Experts most­ly sep­a­rate the new prod­uct devel­op­ment process into seven or eight steps, start­ing with idea gen­er­a­tion and fin­ish­ing with a post launch review. The fact that more and more things become smart; i.e. they either fea­ture some intel­li­gence or they are con­nect­ed and con­trolled through the IoT, has sig­nif­i­cant

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