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  • Ethereum & Co. - General-purpose blockchains are more than just payment systems

    Bitcoin is blockchain, but blockchain is not Bitcoin. Today, hundreds of standalone blockchain systems exist, the most powerful besides Bitcoin is Ethereum. As the first general-purpose blockchain, it goes far beyond Bitcoin's readiness for use as a payment system, virtually single-handedly dominating the Defi and NFT markets, for example, and has now even surpassed Bitcoin in terms of the number of users. Benefits of general-purpose blockchains for the economy and society explained.

    Blockchain & Smart ContractsMarkus Hammer11 minutes

  • Metaverse - The Future of Facebook?

    Facebook tries to distract from its negative press in October 2021 with the magic word "Metaverse". What is behind it still seems rather vague. Second Life and the Gogle Glass were attempts that went in a similar direction, but were unsuccessful. We will know more in 2030. Zuckerberg wants to have introduced Metaverse by then.

    TrendsProf. Dr. Walter Simon3 minutes

  • Digital Asset Bundles: The next ETFs — but better!

    Bundles of digital assets stand good chances to be as revolutionary as ETFs were 30 years ago. Bringing investment processes to another level of simplicity, versatility, liquidity and cost-efficiency, they are set to make a major impact on the financial services industry in the near future.

    Banking & Financial ServicesDr. Patrick Schueffel5 minutes

  • The 5 most important software-as-a-service pricing models

    There are few things that have as much influence on a company's sales as the pricing of its products. With software products, pricing usually proves to be even more difficult, since no physical product is sold. Here, one must be able to answer the question of what added value the software offers the customer. Is it a question of time or cost savings? For example, is it about increasing efficiency or about structuring? Depending on the market and target group, different pricing structures can make sense. In this article, you will learn about the 5 most important Software-as-a-Service pricing models and what aspects you need to consider about each variant.

    Business ModellNicole Lontzek6 minutes

  • Neuromorphic Computing - Next Generation AI

    The development of artificial intelligence is progressing at a rapid pace. The next AI generation is already on the advance. And with this generation, we are getting closer and closer to the idea of approximating humans. This is because we are making use of a well-known concept from neuroscience - the function of spikes and neurons.

    AI & Machine LearningNicole Lontzek4 minutes

  • Understanding Consumer Behavior Patterns Through 3D Data Visualization

    Any business wants to spend its marketing dollars wisely. Creating campaigns that are general in nature likely won’t deliver high revenue. Instead, you want to target as precisely as possible based on your customers’ buying activities. We can all agree that consumer behavior patterns are shifting and changing. Many things impact these patterns, both internally and externally. The last year-plus shifted the consumer base tremendously. For example, 75 percent of consumers tried new brands and different ways of shopping since the beginning of the pandemic. Consumer behavior is a “live” data set, and deriving insights from it needs to happen quickly, so you can pivot to align with current motivations.

    DataVirtualitics - smarter decision through multi-dimension data visualizations and easy to use AI4 minutes

  • Industrial AI Applications - Beyond the PoC

    The advancements of AI in various areas of our life make it one of the most appreciated technologies today. Impressive successes have been achieved, and the expectations are constantly rising. A tendency to transfer technology from the consumer space to industrial applications is also observed in this area. However, according to several analysts papers, industrial AI projects never get beyond a PoC in approximately 75% of the cases. Why is that the case? Enthusiastically building on AI’s success in the consumer space often leave some important properties of industrial applications overlooked. In this article we list a few industrial challenges that have to be addressed to make an AI project successful.

    AI & Machine LearningChristopher Ganz7 minutes

  • CBDC – Peak of Inflated Expectations?

    Central Bank Digital Currencies (CBDCs) have become a very hot topic for the financial community. And naturally, because the potential impact of a CBDC is so significant, there is an unusual amount of ‘hype’ surrounding the topic. This article considers the current status of the debate and argues for taking time to thoroughly consider the implications of implementation of any CBDC.

    Banking & Financial ServicesDr. Patrick Mc Connell10 minutes

  • How NFT and Crypto impacts the real economy

    The hype around Non-Fungible Tokens (NFTs) continues. While many haven't even heard of it or dismiss it as the next hype in the crypto bubble, others are talking about a breakthrough in connecting the physical with the digital world. The article explains why this may actually be the case.

    Blockchain & Smart ContractsThomas Müller5 minutes

  • Decentralized Finance (DeFi) - high potential with new rules of the game

    The transformation in the financial industry is progressing. Disruptive technologies, increased transparency, lack of trust in central instances, high speed and changing customer needs are important drivers of digital transformation. Cryptocurrencies and digital assets are coming into play as innovations. These enable financial services to be used in a decentralized manner across the globe via the internet and blockchain technology. The original use case is Bitcoin, which enables peer-to-peer (P2P) payments. The next stage of expansion is referred to as Decentralized Finance (DeFi). DeFi has the potential to change the world and enable 1.7 billion unbanked people to access finance.

    Banking & Financial ServicesRoberto Zimmermann7 minutes