- The five global megatrends are:
To learn more about the impact of these five global megatrends, Ray Wang, bestselling author, futurist and CEO/Founder of Constellation Research, and I invited Mike Quindazzi, managing director at PwC, to our weekly business, innovation and leadership show DisrupTV.
- Quindazzi’s research and consultancy focus areas include identification and growth of competitive advantage through global expansion, accelerating digital technologies, improving customer experience (CX), transforming organizations, or implementing complex systems.
- Quindazzi describes history of the first, second and third industrial revolutions and its impact on shifting demographics, new technologies, growing economics, population shifts, changing workforce dynamics, the information age, lean production and the digital age.
- Quindazzi also spoke about business disruption with new emerging and essential technologies including artificial intelligence and smarter applications.
- He also shared key demographic shifts with number of college graduates and population age – for the first time ever, there are more people at 65 years or older than 5 years old or younger – will dramatically change in the near future.
According to PwC, there are five global shifts reshaping the world and their implications for organizations, industries and wider society will be signifi…
Continue reading “PwC: Five Global Shifts Reshaping the World”
- Hamilton police showed up and answered the woman’s phone when it rang.
- The scammer went as far as masking his or her own phone number, and it appeared on the woman’s phone like the number of the person calling was 905-546-4925 – the non-emergency line of the Hamilton police.
- Police found out that the woman had deposited almost $17,000 into Bitcoin machines in the area in a matter of days, said Det. Sgt. Greg Doerr, who oversees the police major fraud unit.
- Often embarrassment about being contacted by the CRA or the government keeps people from telling their families – but even just asking someone else if the letter seemed legit might have saved this woman from the scam.
- Doerr said police will be tracing the calls and emails that the woman received and trying to find a lead on the investigation.
An elderly woman was seen clutching a “CRA Legal Notice” and feeding a large amount of cash into a Bitcoin ATM in a local convenience store on Thursday.
Continue reading “Woman seen feeding cash into Bitcoin ATM was scammed, police say”
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The popularity of Bitcoin kicked off a rush to mint novel e-currencies
Cyber-thieves are believed to have stolen about $500,000 (ÂŁ390,000) in the Ethereum crypto-currency, with an investment scam.The thieves hijacked the website of finance security start-up Enigma and posted messages saying it was about to launch its own currency.Many people keen to cash in transferred ethereum to the thieves’ account.
- In response, Enigma shut down its website and adopted stronger security policies to keep hackers out.In a statement posted to its Twitter account, Enigma said the thieves had carried out the scam after taking over the company’s web domain, mailing lists and Slack messaging service account.By posting a message on the Enigma website and sending notices out via Slack and email, the malicious hackers convinced many people the security company was seeking early investors.
- The attackers played on the fact that early next month Enigma plans to run a crypto-cash-based fundraising exercise to bankroll its expansion.The criminal hackers asked for investments to be paid in ethereum and are believed to have amassed about $500,000 worth before the scam was spotted and shut down.Enigma said none of its infrastructure had been used for the scam and none of its funds had been stolen by the attackers.It said it had now regained control of its compromised accounts.
- “We’ve moved up a number of critical security steps and taken additional measures to protect the community going forward,” Tor Bair, a spokesman for Enigma, told Wired.
- “Enigma added it was helping to investigate the scam and who was behind it with the help of other crypto-cash and security companies.
The con netted thieves about $500,000 of the Ethereum virtual currency.
Continue reading “Crypto-cash investors duped in funding scam”
- Earlier this summer, Burger King Russia hinted that it might soon allow customers to pay for their ВОППЕР and БИГ КИНГ value meals with Bitcoin.
- One Burger King location in Moscow reportedly allowed one customer to use Bitcoin to pay his bill, but rumors of a country-wide or (even Moscow-wide) rollout don’t seem to have gone beyond the internet speculation phase.
- Although details of the Whoppercoin are sparse, Russian media outlets and cryptocurrency sites have reported that Burger King has produced one billion Whoppercoin so far, and additional coinage could be added in the future.
- To collect Whoppercoin, frequent Burger King customers will scan their receipts with the Burger King app, and the still kind-of-imaginary currency will be deposited in their equally imaginary wallets.
- MUNCHIES has reached out to Burger King Russia for comment and additional details about Whoppercoin and will update this story when it receives a response.
Sure, you’ve got some Ethereum, but can you use it to buy Whoppers? Better get some Whoppercoin.
Continue reading “Burger King Is Allegedly Launching Its Own Cryptocurrency”
- Stern is responsible for running Fidelity’s bitcoin, blockchain and digital currency incubator.
- And regardless of whether bitcoin will survive, it could be like the Napster of blockchain technology, Stern said, where it is the first of its kind but the next products, in this case Spotify and Apple Music, get better and better.
- “I do think [cryptocurrencies] will make things, whether it’s bitcoin or something else, faster and cheaper and create new products and services that we can’t even imagine,” Stern said.
- While some critics are skeptical of how bitcoin is used, Stern said that banning the cryptocurrency would be like banning the web or open internet protocols.
- Stern did emphasize though that Fidelity’s move does not mean their clients can make bitcoin transactions through their corporation, saying “we’re not necessarily making a judgment on bitcoin.”
“Blockchain technology will change the world” and bitcoin is “here to stay,” according to the man behind Fidelity’s research into cryptocurrencies.
Continue reading “‘Blockchain technology will change the world’: Fidelity Labs SVP”
- Bitcoin is exploding in Venezuela — but not for the reason you think
As Venezuela suffers its worst meltdown in history, with inflation skyrocketing and basic necessities running in short supply, many have taken to bitcoin mining in a bid to survive, according to a report in the current issue of the Atlantic.
- Bitcoin mining works like this : Miners use computer hardware to perform complex computations that ultimately create each new link in the bitcoin blockchain — the massive, decentralized ledger technology that underpins the cryptocurrency.
- The Atlantic explained that a Venezuelan user who can run several bitcoin mining devices can clear about $500 a month — that is considered a small fortune enough to feed a family of four and purchase vital goods such as baby diapers or insulin from overseas.
- But authorities have begun cracking down on mining operations, according to the Atlantic.
- Reading the full story about the rise of bitcoin mining in Venezuela here.
Venezuela’s subsidized electricity is allowing desperate users to mine bitcoin for their basic necessities, the Atlantic reports.
Continue reading “Bitcoin is exploding in Venezuela — but not for the reason you think”