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Digitizing the Economy

Bermuda Could Launch a Blockchain Land Registry

Bermuda plans to migrate its property deeds system to the blockchain, its premier stated at the World Economic Forum.  The country was aiming to shift away from its “old school” system of recording deed information. The Royal Gazette quoted Burt as saying:  “Bermuda has an old school deeds-based property system. What we are going to do is transfer our registry to the blockchain. ... Read More »

BIIA 2017 Conference Videos

Welcome Opening Remarks by Khun Thirachai Phuvanatnaranubala BIIA Chairman. Embracing Digitization – Opening Keynote by His Excellency Dr. Pichet, Minister of Digital Economy and Society at the recent BIIA 2017  Biennial Conference in Bangkok, Thailand In his riveting speech Dr. Pichet emphasized the importance of digitization in economic and social development. In order to realize the benefits of digitization we need ... Read More »

News from the BIIA 2017 Biennial Conference: Embracing Digitization

His Excellency Dr. Pichet Durongkaveroj, Minister of Digital Economy and Society gave the opening keynote address at the BIIA 2017 Biennial Conference on Digitization on October 19th, 2017.     In his riveting speech Dr. Pichet emphasized the importance of digitization in economic and social development.  In order to realize the benefits of digitization we need to look far ahead. ” ... Read More »

Digitization: Driving Future Ready Technologies for Passenger Experience

BIAL and Accenture set up Co-Innovation Centre to Drive Digital Innovation Bangalore International Airport Limited (BIAL) has signed an agreement with Accenture to set up a co-innovation center that will help BIAL create an airport of the future at the Kempegowda International Airport, Bengaluru (BLR Airport). The center will incubate and develop digital solutions using future-ready technologies to provide more engaging passenger experience. BIAL ... Read More »

TransUnion CIBIL Ltd — Digitising Systems for Future-Ready Banking

The BFSI sector in India has transformed swiftly in alignment with technology. The advancement could be possible as there were no constraints with regard to age-old applications or mainframe-based technologies, says Bhuvanendran Kamak, Chief Information Officer (CIO) ,TransUnion CIBIL Ltd, in conversation with Harshal Yashwant Desai of Elets News Network (ENN).  Excerpts: How do you rate the current technology standards ... Read More »

Why Amazon’s Growth in Small Business Lending Threatens the Banking System

Amazon could strangle the competition in small business finance, but also all other third parties who are part of traditional supply chains. Amazon has recently announced that it had surpassed $1 billion in small-business loans to more than 20,000 merchants involved in its Amazon Marketplace in the U.S. UK, and Japan during the past year. In fact, since Amazon Lending began in 2011, it ... Read More »

B20 Policy Recommendations: Shaping an Interconnected World

On May 3rd, 2017, the B20 has officially handed over its Policy Recommendations to German Chancellor Angela Merkel at the B20 Summit in Berlin. The recommendations are the product of a yearlong process of our seven Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies with BIIA being part of it. Developed under the theme “Building ... Read More »

Forrester: Navigating Change: 2017 Predictions

The consequences of today’s customer-led, digital-centric market are becoming clear: great change is upon us (and already happening in some cases). Forrester’s 2017 predictions reveal the big business and leadership, customer experience, and technology changes we anticipate in the coming year — and what to do about them. Business and leadership  The necessary and unavoidable changes to leadership and talent ... Read More »

IHS Markit Launches Innovative Digital Solution for Traders and Manufacturers Tracking Metals Inventory

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, announced that it has launched a new service which digitizes the tracking of base metals inventory, such as aluminum, for trading firms and manufacturers. Commodity Tracker reduces operational risk by providing traders, salespeople, logistics managers, and finance and treasury departments a consolidated, near real-time view of commodities ... Read More »

Experian EMEA: Around three out of four predict traditional business models to be obsolete within the next five years

But majority of boardrooms admit they’re far from ready to meet the digital challenge Data-driven customer insight is now a top commercial priority for more than four out of five (81%) traditional businesses as they aim to close the gap on leaner, new-to-market digital disruptors, it has emerged. A commissioned study conducted by Forrester Consulting on behalf of Experian, also ... Read More »