Is Blockchain the Answer to Data Privacy?

In 2019, an estimated 28 million Canadians were affected by at least one of the country’s 680 reported data breaches.i That’s over 70% of the Canadian population – this is a major problem particularly as the world becomes more digital.  Transparency and Changing Regulations In late 2018, Canadian businesses became subject to new regulation thatContinue reading “Is Blockchain the Answer to Data Privacy?”

Public Sector – Decentralized.

With the acceptance of digital modes of communication increasing rapidly, governments have also started to adapt and communicate to the citizens via smart digital channels. A report by McKinsey suggests that government organizations have a lot of value to capture by implementing digital ways of doing their day to day businesses. About $1 trillion canContinue reading “Public Sector – Decentralized.”

A platform economy for farmers

We’ve heard about how Uber has reshaped the taxi industry and how Airbnb is giving established hotels a run for their money. However, there is a group that is fundamental to the survival of our society, yet little is done to alleviate their economic woos. This group cultivates the food that we consume, from theContinue reading “A platform economy for farmers”

Decentralization in the Insurance Industry

With the commercialization of innovations like blockchain, machine learning (ML), and open API, the insurance industry is facing a complete overhaul of the traditional business model. The responsibilities of brokers and underwriters are being increasingly automated, and value is shifting towards consumers and companies embracing these new technologies. First let’s take a look at theContinue reading “Decentralization in the Insurance Industry”

Decentralizing the Centralized Cloud

Since the last decade, cloud computing has received massive popularity among tech enterprises. Companies that had to spend sometimes millions of dollars on storage and servers, can now conveniently outsource such resources to cloud platforms and observe enormous cost savings. The cloud computing industry has seen massive growth rates; Gartner, predicts that the worldwide publicContinue reading “Decentralizing the Centralized Cloud”

#BeautyTech and the Future of Personalization

On March 16 2018, L’Oréal announced their acquisition of Modiface, an augmented reality beauty startup based in Toronto. Using artificial intelligence, the company’s software tracks your face and simulates different makeup or hair styles. L’Oréal Professionnel’s Style My Hair App is a great example of this technology and the use case is quite simple: TwoContinue reading “#BeautyTech and the Future of Personalization”

Drop in the bucket? How blockchain technology could transform legacy energy sectors

Companies in the legacy energy sectors of oil, gas, and mining have been facing mounting criticism over the past decade as calls for swift and drastic action on climate change have intensified. While the world tries to find a balance between managing a rising global demand for energy and a daunting environmental crisis, these legacyContinue reading “Drop in the bucket? How blockchain technology could transform legacy energy sectors”

Decentralizing the Cold-Chain: How Blockchain and IoT will Transform Bio-Pharmaceutical Shipping

Compared to most products, bio-pharmaceuticals require advanced shipping methods such as expedited delivery and temperature-controlled shipping due to their temperature sensitivity and biological properties (Freight Waves, 2018, National Center for Biotechnology Information, 2018). In 2019, the global bio-pharmaceutical shipping industry reached $15.7 billion, with sales of all temperature-controlled pharmaceuticals (the “cold chain”) expected to growContinue reading “Decentralizing the Cold-Chain: How Blockchain and IoT will Transform Bio-Pharmaceutical Shipping”

Decentralized Transportation Systems

Computer networks of the past were highly siloed and hence, centralized. In centralized systems, the users are tightly controlled to streamline the process or product. The data is also hidden and not shared with everyone. Then the internet emerged and introduced a set of protocols. These protocols defined how data should be transferred and received.Continue reading “Decentralized Transportation Systems”

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