Global defense spending is higher than ever, with USD 1.822bn, or 2.1% of global GDP. With over 200 million sold SUVs, the share of bigger and heavier cars has reached its all-time high representing 40% of annual car sales, today. We hide behind armored cars, but: Vulnerability is power — why not removing the armor, stopping playing a role, and starting to be authentic, with strengths and weaknesses? We tend to defend
2019 was a year without a New Year’s resolution for me. I cannot tell whether that made any difference, for good or bad. However, I was inclined to give it a try for 2020 — which, at least, marks a new decade. My goal is to communicate in a non-violent way in order to improve relationships, and decrease stress levels in everyday communications: Here’s why Non-violent communication improves relationships. The best thing about my actual resolution is
There are lots of recommendations about when starting a business. Mostly, we are advised to start-up when times are good and we can afford to invest some time and money in building our own self-employed careers. Since I’ve discussed that several times over the last weeks, and, as so often, my view does not fit into the prevailing view, here are my 2 cents: The best time to start with something new
We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run”, the old adage by Roy Amara, was more than obvious during Diffusion 2019, a 400+ developers hackathon that took place in Berlin from 18–20 OCT 2019. Convergence, the coalescence of today‘s hottest technologies, AI and Blockchain, was the theme of two days full of workshops, talks, and, of course, hacking. My
Asked about his recipe for success in business, Richard Branson once said he hired people better than himself, have them embrace his vision, and let them work on it by themselves. At a significantly smaller scale of success, I have applied his recipe since. And for our companies Datarella, Baltic Data Science and the newborn RAAY RE this has worked out perfectly. Now, I‘m honored to become an advisor to Blockchain and AI
If the blind spot of today‘s economic, social, and environmental management can be reduced to one single word, it is consciousness. Highly specialized actors in different domains focus on optimizing their respective fields of interest, neglecting interdependencies, and not comprising reality as a whole but rather as many independent realities. Bridging the gap between different disciplines through cross-sectoral coöperation and collaboration is one of today’s most important scientific, political, economic, and
Yesterday, I had to spend several hours on trains moving across Germany. Being an experienced entrepreneur, I obviously had prepared myself perfectly and lots of work to be done. When I arrived back home yesterday night, I had done almost nothing of it — and yet, I felt great — it’s rewarding to have insightful conversations! Most of the time during the outward run I spent communicating about a potential new venture. Not planned at all, but
Wow. Our Datarella Blockchain Architect Rebecca has done a tremendous job! She leads the Datarella team that came up with this first milestone for our Track & Trust project with the European Space Agency ESA: Track & Trust — Synchronizing Blockchain With Satellite Technology Together with ESA, we want to find out how satellite data can be used to facilitate last-mile tracking of supply chains in remote areas. Often, aid delivery can be
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 suggest creating the Economy of Things by banking the unbanked IoT — i.e. machines, devices, and tools within the Internet of Things IoT. Globalization has made our world a smaller place: through the internet, we know everything that happens somewhere within minutes, through air
On 1 August, we announced our new joint venture RAAY RE we have founded together with our partners Hammer AG and Wertgrund AG. RAAY RE, which stands for RAAY Real Estate, is our first vertical within the RAAY Operating System family. RRE is leveraging Blockchain technology to disrupt the real estate industry. The real estate industry has been booming for more than 10 years and most players within the industry have
Yesterday was a great day: I could witness the operationalization of my enterprise protocol evolution model. Nobody at the MunichRe symposium specifically talked about the model. However, the symposium’s theme “Modularisation of the Insurance Value Chain” actually is the operationalized version of it. Here’s my perspective on the next evolutionary phase of companies: enterprises will be organized like modularised protocols: Enterprise Evolution Model — The Modularisation of the Value Chain. In my model,
