Digital Transformation

Blockchain technology has been, in recent years, hailed as a breakthrough disruptor, poised to drive innovation in virtually every industry ranging from legacy organisations to game-changing start-ups in the new digital economy. This revolutionary technology stems from the ability of blockchain to act as a decentralised distributed ledger. It promises more secure, real-time transactions and record-keeping, making it harder for important data to be manipulated or falsified.

   

Ever felt overwhelmed when entering a mega-mall, populated by culinary treats, unbeatable bargains, and trending looks at every price point? Try expanding that smorgasbord of offerings immeasurably, and one could imagine why online shopping is at once a wondrous distraction and a black hole of potential purchases.

The robots are coming. Indeed, in many cases, they are already here — tech-enabled automation has taken over many manual, routine tasks across industries including accounting, and that will continue to happen at an accelerating rate.

The effects of COVID-19 have rippled through the social fabric of communities the world over. Businesses and investments, in particular, have been shaken by the economic uncertainty that arose from the pandemic, with several industries transformed by the exceptional events of the past year.

The climate crisis grows more urgent by the second. By some expert accounts, we only have about a decade to halt the irreversible damage caused by climate change.

As some school and university campuses worldwide begin to re-open, now-familiar precautionary measures such as temperature-taking, hand-sanitising and social distancing have made their way into classrooms and lecture halls. There is also a range of technologies being deployed or proposed to help manage the COVID-19 threat in institutions of learning.  

The growth of the gig economy is one of the many changes that have arisen due to the pervasive reach of new technologies over the past decade. Jobs such as the Grab driver and Foodpanda delivery person arose due to the launch of new digital platforms.