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The blockchain is a highly transparent, resilient and efficient distributed public ledger, in which a cloud-based ledger or database is spread geographically across a peer-to-peer network of computers. As such, it is a global and open resource in the sense that no company or person owns the technology, and it does not rely on a trusted third party.

This is how new technologies could improve education forever

By: EBR | Friday, March 30, 2018

In this era of machine meritocracy, the traditional systems of learning and education must be changed to match the reality of a future dominated by phenomena such as blockchain and artificial intelligence

It’s high time to turn the spotlight on indirect taxes such as VAT. While the tax authorities may well be capable of tracking on-line transactions within their own domestic borders, it’s much harder for them to do the same with cross-border transactions. Indeed, the European Commission reckons that the authorities are currently missing out on €5 billion worth of VAT revenue each year because of these on-line transactions. This figure could rise to €7 billion by 2020.

Boundless growth of digital economy creates need for tighter tax supervision

By: EBR | Tuesday, March 27, 2018

Online transactions are much easier to conceal from the tax authorities than physical transactions are

We often hear that running a large company is one of the most complex jobs in the world. Business schools, strategic consultancies, headhunting firms, training providers, executive coaches all have a tendency to mystify the work of the CEO.

The Four Essential Roles of a CEO

By: EBR | Thursday, March 15, 2018

Twenty global business leaders share the attributes that make them effective

Some social enterprises may be able to endure the long time horizons, but for many early-stage ventures, investing in a partnership with a larger, better-resourced player, with extensive due diligence and decision-making processes, may be a deal-breaker. These delays can be a death knell for early ventures that do not have the time or capital.

How social entrepreneurs can strike partnerships with big companies

By: EBR | Friday, March 9, 2018

Sebastian Ugarte, CEO of inclusive fintech startup, Destacame, had started to lose hope

It is racing to make the 5G mobile technology available for consumers by 2025, but the EU is lagging behind faster competitors in Asia and the US. The EU struggles with legal roadblocks and the crippling level of investment. According to the European Commission, 5G could bring a growth boost of €113 billion to the EU’s automotive, health, transport and energy sectors by 2025; telecom operators need to invest €56.6 billion to pay for 5G networks covering the entire EU.

The 5G revolution - EU lagging behind the US and Asia

By: N. Peter Kramer | Wednesday, March 7, 2018

The telecom industry is preparing a next step, called 5G, the fifth generation of mobile technology

The concept of accountability puts humans and agencies led by people at its centre. Algorithms developed by deep learning cannot be held responsible. Hence, even if we assign accountability to a state, a programmer or a military commander as substitutes, this would hardly be meaningful, if none of these entities understands how and why the algorithm has made its decision.

Is influence of artificial intelligence on modern security far greater than we think?

By: EBR | Tuesday, March 6, 2018

This year’s Munich Security Conference in mid-February kicked off quite spectacularly

Mobile of course doesn’t just mean cellphones. Mobile today means smart city Internet of Things (IoT) devices and whole gamut of ‘embedded computing’, it means software specifically designed to serve smaller ‘form factor’ devices, it means cloud datacenters to pump Internet-based web services from data analytics to Artificial Intelligence (AI) onto our devices... and mobile means networks and automation layers to connect our machines with each other in the right place with the right data at the right time.

Mobile World Congress 2018: State Of The Mobile Nation

By: EBR | Monday, February 26, 2018

Alongside Germany’s CeBIT, Barcelona’s Mobile World Congress (MWC) conference and exhibition is regarded as one of the event behemoths in the European technology calendar

We convened an elite cross-section of the group last month Lordship Park in North London, including Ora, to share their entrepreneurial stories and for the group portrait you see above. Find out more about some of these all-star Under 30s below.

30 Under 30 Europe 2018: Meet The Young Leaders, Inventors And Visionary Entrepreneurs

By: EBR | Wednesday, February 21, 2018

“I assert myself in things that I want to achieve, and I just don’t give up,” says chart-topping singer Rita Ora, who started out performing at her father’s London pub after the refugee family emigrated from Kosovo

It takes a plan to change the dynamics at play that have kept women entrepreneurs from breaking through. I don’t say ‘held them down’ because I’m an optimist, but without question, the infrastructure has been missing that would help women rise up.

The infrastructure that makes women entrepreneurs unstoppable

By: EBR | Wednesday, February 21, 2018

Many talk about the old boy’s network (here in the South it’s the good ole’ boy’s network) that helps develop, elevate and advance their peers. In the #MeToo environment, many think this network needs to be burned to the ground

Women’s jobs are likely to be disproportionately affected by automation, at least in the short term. Of the 1.4 million US jobs that are projected to become disrupted between now and 2026, over half (57%) are done by women, an issue also reflected in the World Economic Forum’s Global Gender Gap Report 2017.

Which of tomorrow’s jobs are you most qualified for?

By: EBR | Friday, February 16, 2018

The global labour market will experience rapid change over the next decade. The reason: more jobs becoming automated as technologies such as artificial intelligence and robotics take over the workplace

While the West would regard insider trading laws as well defined and understood, the East is quickly catching up and using big data and advanced algorithms to detect anomalies in trading patterns that will eventually lead to more prosecutions. We would expect this to trend to continue to raise more awareness around insider trading legislation in China and help companies that enforce best practices around this important topic to gain market share.

Insider Trading: Playing the Devil’s Advocate

By: EBR | Thursday, February 15, 2018

In theory, insider trading is illegal in most parts of the world. In practice, the line is often blurred, and many walk it. The largest prison sentence ever handed down for insider trading in the US was 11 years – a long way from the decades, centuries or even millennia people get for fraud

Multi-stakeholder dialogue, the cornerstone of the World Economic Forum’s ethos, remains the only possible starting point for progress. Beyond the vital work of organisations like the UN, we have carved out a space on the world stage where business leaders can rub shoulders with labour activists, and world leaders can talk – as well as listen. Back in 1987, Davos played a key role in preventing a war between Greece and Turkey. The former Turkish Prime Minister Turgut Ozal met his Greek counterpart, Andreas Papandreou, forming a bond of trust that helped to stave off military conflict.

Don’t underestimate the value of dialogue

By: EBR | Friday, February 9, 2018

We cannot fix the fractures of our world without multi-stakeholder collaboration

During the public consultation in September 2017, several health NGOs (Smoke Free Partnership, Association of European Cancer Leagues, European Network for Smoking Prevention), MEPs and providers of technology to combat illicit tobacco trade (represented notably by the International Tax Stamp Association) criticised the proposals on the grounds of incompatibility with the Protocol and lack of security in the system leading to its inability to substantially reduce illicit tobacco trade.

Tax stamp trade body calls for veto of proposed tobacco track and trace delegated regulation

By: EBR | Monday, February 5, 2018

The global trade body for the tax stamp industry, the International Tax Stamp Association (ITSA), urges the European Parliament to veto a delegated regulation regarding tobacco track and trace systems (key elements of data storage contracts) as it violates international law

“AI is probably the most important thing humanity has ever worked on. I think of it as something more profound than electricity or fire,” he said. “Any time you work with technology, you need to learn to harness the benefits while minimising the downsides.”

Google CEO – AI will be bigger than electricity or fire

By: EBR | Thursday, January 25, 2018

Artificial Intelligence will save us not destroy us, Google’s CEO, Sundar Pichai, said at Davos

Developing country data show a similar disconnect between GDP growth and Inclusion. Of the 30 countries in the top two quintiles of GDP growth performance during the past five years, only 6 have scored similarly well on a majority of the Inclusion indicators, while 13 have been no better than mediocre and 11 have registered outright poor performances.

A new way to measure economic growth and progress

By: EBR | Tuesday, January 23, 2018

Global economic growth is making a stronger than expected comeback. It is likely to accelerate to as much as 4% in 2018 from 3.2% in 2016

The Chinese equipment vendor said in a statement its Huawei devices will offer RCS messaging features through the Android Messages app “in the coming months” and will be available as a default service.

Huawei and Google partnership on RCS

By: N. Peter Kramer | Tuesday, January 23, 2018

Huawei announced its backing for Rich Communications Services (RCS) after striking a partnership with Google to integrate the messaging service across its portfolio of Android smartphones

5G and cloud technologies will underpin and accelerate the digitalization of industries. In turn, this will create opportunities across nearly every segment of the economy, from health care to transport, energy, and beyond. Telecommunication companies that take the path to 5G now, and focus on software-defined networking and the cloud, have a massive opportunity to benefit from serving these industries during their transformations.

The Fourth Industrial Revolution will bring a massive productivity boom

By: EBR | Friday, January 19, 2018

What good is technology?

The financial industry needs to understand the value preferences and investing behaviour of women to develop the best advice for how these clients can allocate their resources and values through traditional equity market or alternative investments.

Machine learning could change the game for female investors in 2018

By: EBR | Thursday, January 18, 2018

Many companies already know that women are becoming more prominent as wealth holders, are directing more wealth investing than before, and are often their largest consumers

”We are firmly situated among the top three phone makers in the world and remain the market leader in China,” Hu said. Huawei in October officially announced its Mate 10 series devices, which use the company’s latest artificial intelligence (AI)-optimised processor, claimed to be faster than Apple’s iPhones.

Huawei forecasts slowest growth since 2013

By: N. Peter Kramer | Friday, January 12, 2018

Huawei rotating CEO Ken Hu said in a New Year's message the company expects 2017 revenue to have increased 15 per cent to CNY600 billion ($91.2 billion), representing the company's slowest growth since 2013

”The decline of instant noodle sales shows a shift in China’s consumption patterns,” said Zhao Ping of the Academy of China Council for the Promotion of International Trade,” he told the China Daily.

Why are China instant noodle sales going off the boil?

By: EBR | Friday, December 22, 2017

Easy to make and cheap to buy, instant noodles have long been China's ultimate convenience food

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EU Actually

A mission impossible for Sébastien Lecornu, Macron’s 5th Prime Minister?

By: N. Peter Kramer

President Emmanuel Macron has again named a close ally, Sébastien Lecornu, as the new French prime minister, 24 hours after a vote of confidence ousted François Bayrou.

Europe

France in fresh political crisis after MPs oust prime minister

France has been plunged into a new political crisis with the defeat of Prime Minister François Bayrou at a confidence vote in the National Assembly

Business