Emerging Technologies

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Today all organizations depend on technological innovation in order to sustain their existence. Analysis of emerging technologies and identification of those technologies with the greatest potential is essential to being prepared for upcoming projects. The objective of this blog is to establish future oriented technology analysis and insights. This blog was established to provide program and project managers with information about these emerging technologies. These emerging technologies have far reaching repercussions for program and project managers. This blog will jump-start the learning process and allow program and project managers to become proactive.

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Massive Cryptocurrency Market Decline

Emerging technologies do not always follow the rules

A GREAT FEEL-GOOD story involving 3D printing - MUST READ

New Executive Position

U.S. National Security and Cryptocurrencies MILESTONE

Massive Cryptocurrency Market Decline

Categories: Cryptocurrency

Wow !!!  The 1826 different cryptocurrencies now have a TOTAL MARKET CAP of only $204,073,274,181 USD.  That is a big change form the December 31, 2017 TOTAL MARKET CAP of  $572,968,153,356 of the 1335 different cryptocurrencies.

Everyone is asking what is going on!  Some are saying market manipulation!  At this point, your guess is a good as any other!

Posted on: August 13, 2018 06:54 PM | Permalink | Comments (4)

Emerging technologies do not always follow the rules

Categories: Emerging Technology

Many authorities in the area of global economics and business are baffled by the erratic adoption of new and emerging technologies. They want them to follow the patterns of the past.  They fail to look at the current state and put it in the proper context. All they tend to look at is how that fits or doesn't fit into the context of the past!  Visionaries, subject matter experts and strategist must step in and provide the current context as well as what the near-term context might look like. Force-fitting emerging technologies into what we have experienced in the past is extremely dangerous.  Not only is there a chance that the emerging technology will not properly work or live up to the expectation you have for it, you could very well miss out on new opportunities that were not available prior to the introduction of the new technology.Many authorities in the area of global economics and business are baffled by the erratic adoption of new and emerging technologies. They want them to follow the patterns of the past.  They fail to look at the current state and put it in the proper context. All they tend to look at is how that fits or doesn't fit into the context of the past!  Visionaries, subject matter experts and strategist must step in and provide the current context as well as what the near-term context might look like. Force-fitting emerging technologies into what we have experienced in the past is extremely dangerous.  Not only is there a chance that the emerging technology will not properly work or live up to the expectation you have for it, you could very well miss out on new opportunities that were not available prior to the introduction of the new technology.

Posted on: August 11, 2018 02:52 PM | Permalink | Comments (5)

A GREAT FEEL-GOOD story involving 3D printing - MUST READ

Advances in technology are creating challenging periods of change accompanied by a substantial amount of good.  That does not always get the main press.  3D printing and robotics technologies have combined and delivered some amazing things as of late.  This included the printing of artificial limbs for people who have lost their theirs.  Here is one story that really caught my attention!  A young couple took some plastic ocean trash that we have all been reading and hearing about lately, transformed it and using a 3D printer created artificial limbs for CHILDREN with a total cost of $45 USD.  NO that is not a type - $45 USD.  Oh, there is more – they had NO experience in pollution remediation or the production of artificial limbs!!!!

Since starting this spare-time initiative in April of this year, they produced and donated 18 limbs to disabled individuals.  If you are looking for a feel-good story take a read (link below)!   If you are in the artificial limbs business better reach for the antacid.

https://www.goodnewsnetwork.org/couple-takes-it-upon-themselves-to-turn-ocean-trash-into-prosthetic-limbs-for-kids-that-cost-only-45/

Posted on: August 03, 2018 03:32 PM | Permalink | Comments (10)

New Executive Position

Categories: Cryptocurrencies

Earlier this month a new concept within the cryptocurrency environment was floated by me and my mind has been captured by this intriguing concept ever since. The underpinning of the new concept was research, analysis and reporting on the global business and economic implications cryptocurrencies will likely have in the next few years. In response to the assessed impact, I was asked what I thought of the concept of a new corporate executive officer position – the Chief Cryptocurrency Officer (CCO), Chief Crypto Officer for short.   I went online to a few executive job listing and searched for this title.  None of those sites had a CCO position listed.  I expanded my search to more general job boards.  The results were the same.

Giving this concept some thought, I began listing what I thought the key responsibilities of someone in this role would be, as well as what would qualify someone for this role.  Factoring in the realistic projections that were collected, a position such as this is not that far off.  Also considered was incorporating these responsibilities under the existing Chief Financial Officer (CFO) role.  While that must certainly be considered before creating and filling a Chief Crypto Officer position within any organization, the role cryptocurrencies will have within that organization would have to be assessed.  If cryptocurrencies were projected to play a moderate to large role in an organization, the magnitude of work required for that executive role could easily overwhelm a CFO when added to their existing responsibilities. 

Today I know of or could find only a few individuals with the CCO title.  At this point it looks likely the number of people in that role will increase in the next few years. Perhaps colleges and universities will create new degree programs with a cryptocurrency concentration.  For now, perhaps an MBA program with a cryptocurrency emphasis would be advisable and a justified addition.

Posted on: July 26, 2018 02:10 PM | Permalink | Comments (17)

U.S. National Security and Cryptocurrencies MILESTONE

In December 2017, the National Security Strategy of the United States of America was released.  In that document, under Priority Actions it states -

"COUNTER CYBER CRIMINALS: We will use sophisticated investigative tools to disrupt the ability of criminals to use online marketplaces, cryptocurrencies, and other tools for illicit activities.  The United States will hold countries accountable for harboring these criminals."

This is the FIRST time cryptocurrencies were mentioned in the National Security Strategy.  I checked all the way back to the one issued in 1998 when Bill Clinton was President and I was at Netscape and talked about E-Cash.

Posted on: July 20, 2018 05:11 PM | Permalink | Comments (9)
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