Global Experts Agree, Blockchain Is Changing How We Do Business

Global Experts Agree, Blockchain Is Changing How We Do Business

At last month’s World Blockchain Conclave that took place in Mumbai and Bengaluru, global blockchain experts shared their views and predications on how blockchain is rapidly changing industries, including claims that blockchain will even be bigger than the internet in terms of mass disruption.

For myself, I was kindly invited also by the organisers of the Conclave, 1.21.GWS, to add my perspective on the subject and how I see blockchain, in terms of The New Economy Business.
Simply, you need to ensure whatever your blockchain business case is, it must solve a big problem – that’s how you will achieve your ROI.

Because far too often I am seeing startups and businesses, pour large amounts of money into projects that at the end of the day, deliver nothing. You must focus on solving a big problem, then technology follows. But when you do this, you must also become a disruptor, in that your solution to this big problem, your ‘big idea’, must be unique and make a huge impact if you want to be successful in the longer term. While blockchain enables the decentralisation of processes based on an ‘open ledger’, and allows transparency whether that be providence or single source of truth, currently today there remains limitations to this technology, particularly in terms of speed and scalability.

So even though blockchain has been around for ten years (the same platform the Bitcoin is based on), it is only now we are seeing the user cases beyond Bitcoin and cryptocurrency, which are starting to address some of these limitations.

For example, the renewable energy sector is embracing blockchain to provide community-based co-op style markets. Or supply chains addressing problems such as counterfeiting and fraud, from farm gate through to shop window. Even the huge retailer Walmart, has recently patented a blockchain solution to take into consideration autonomous or robotic delivery vehicles and drones.

One of the reasons why The Startup Business and our business partners at Phykon Solutions (an Indian based global outsourcing and robotic process automation company) has invested into understanding how blockchain technologies are changing the rules of business, is that our clients needed a trusted partner to help them navigate through this fast-evolving technology.

Because one of the first things we do for our clients, is to sit down with them and have a conversation about how we see their industry changing over the next three to five years. While we may not always be correct with our predications, this conversation nevertheless, serves as a catalyst to help our clients start looking beyond from what is just in front of them today.

Clearly though, what I concluded from all the global blockchain experts, is that the genie is out of the bottle and whatever evolution blockchain 2.0 takes, there is no turning back.

About The Startup Business

The Startup Business helps professionals, entrepreneurs, startups, and small to medium sized enterprises, to setup, scale & sustain their businesses in this age of The New Economy.

Providing business & technology education, entrepreneur mentoring & coaching, startup & business advisory, plus automation and outsourcing services, The Startup Business was founded by the current CEO, Dr Ross McKenzie, a leading expert authority on The New Economy Business, and has its head office based in Sydney Australia, plus operational locations in Trivandrum and Bengaluru India, through its partner organisation, Phykon Solutions (www.phykon.com).

In addition, Dr Ross McKenzie maintains a collaboration with Paris based DiG Business Learning (www.digbusinesslearning.com), a specialist in experiential style learning for business executives, co-founded by Professor Jean-Claude Larréché Professor of Marketing at INSEAD and Yvette Roozenbeek, to encourage innovation in the organisation.

Dr Ross McKenzie is also a Microsoft Global Brand Ambassador and a major social media influencer.

Fair Trade Startup Business Entrepreneurs

Fair Trade Startup Business Entrepreneurs

An Australian company is helping local Tanzanian and Kenyan based Fair Trade Entrepreneurs & Startup Business, transform communities out of poverty

(SYDNEY, AUSTRALIA, January 5, 2018) The Fair Trade Group, has expanded into Africa to help local Entrepreneurs and Startup Business.

“We are excited to be expanding our business into Africa. Because in Africa, more people are discovering that starting a business, offers them a way out of poverty. Furthermore, this is about introducing opportunities for wealth creation.” said Dr Ross McKenzie, Founder Of The Fair Trade Group and The Startup Business.

In Kenya, over 58% and in Tanzania, over 76% of the population, are living on just USD 3.10 a day. So when the majority of the population does not have access to employment, jobs, or skills to build enterprises, they are being held back. However fortunately, many of the NGO’s are recognizing this and are now establishing social enterprises to close some of these gaps.

The Fair Trade Store

“We are using The Fair Trade Store’s global platform” said Iain Mbubu, of Kilimanjaro Crafts. “By integrating New Economy strategies with real world problems, the outcomes have been significant. As a result, there are more water supply infrastructure projects, schools and hospitals being built. Most noteworthy, these same local communities never had these resources before.”

Especially relevant in supporting The Fair Trade Group on this journey, has been The Startup Business. Because The Startup Business is a premier provider of Business & Technology Education, Entrepreneur Mentoring & Coaching, Startup Business Advisory, and Done-For-You Outsourcing Services for the New Economy.

About The Startup Business

The Startup Business provides business services to Professionals, Entrepreneurs, Startups, Founders, Small To Medium Sized Business and Enterprises. This is to help them set up, scale & sustain their businesses in this age of The New Economy.

Founded by Dr Ross McKenzie, a Leading Expert Authority On New Economy Business, The Startup Business’s head office is located in Sydney Australia, with outsourcing client service delivery operations in Trivandrum and Bangalore India through its partner organisation Phykon.

If you would like more information, then please call Dr Ross McKenzie at +61 417 444 447, or email rossmckenzie@thestartupbusiness.com

 

Contact: Dr Ross McKenzie

Cell Phone: +61 417 444 447

Email: rossmckenzie@thestartupbusiness.com

Website: www.thestartupbusiness.com

Social: LinkedIn Twitter Facebook

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The Fair Trade Store Launches

The Fair Trade Store Launches

The Fair Trade Group Announces The Launch Of Their Fair Trade eCommerce Platform…

The platform will be showcasing artisans from communities around the world and their handicrafts.

Supported by the e-commerce platform Shopify, the whole end-to-end supply chain is semi automated, resulting in minimal overheads. What this means for consumers are fair valued products to purchase and for the artisans, maximised revenues.

The e-commerce store is also supported by a community site – www.fairtradestore.info to provide information and insights on all facets of fair trade.

When the founder of The Fair Trade Group was asked why he established the portal, Dr Ross McKenzie said:

“I wanted to create a way to give back but at the same time draw upon my expertise in global technology and startup businesses – that way I can help more businesses”.

As in the case with all Fair Trade products, the money that is made by the artisans is channelled back to their local communities and families.

So whether you are in New York, Hong Kong, Perth or Paris, you have at your finger tips access to some of the most beautiful hand made gifts while knowing that the proceeds are going towards making the world a better and fair place.

The Fair Trade Group is part of The Business Centre of Excellence Pty Ltd or which also owns The Startup Business and The Startup Business School. All enquires regarding The Fair Trade Group, or the Fair Trade Store should be referred to info@fairtradestore.com

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