Tag: adopt

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Why digital identity will make or break the Metaverse

I found this post rather interesting – about why identity matters. Especially looking at the wild-wild-west-cowboy-anarchy several areas of the web are (still) in. Looking forward this is needed – identity, authenticity, KYC, etc. Otherwise the “Metaverse” will be a place with limited trust and no peace of mind, which would certainly hamper a scaled mass adoption.

Photo by benjamin lehman on Unsplash

“Amid the hype and potential, there’s a lot of work to be done to establish the fundamentals that will make the Metaverse a safe experience for all. In particular, access must be underpinned by verified identities. Without verified identities in the Metaverse, anonymous bots can wreak havoc. For businesses, business people and celebrities, impersonators can cause damage to their brand and reputation, not to mention the new opportunities it creates for scammers and fraudsters. Ensuring trusted identity will therefore be fundamental to the safety and success of the Metaverse.”

Got interested? Follow me here in order to read the full post from Matt Peake on onfido.

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Tech at the edge – Trends reshaping the future of IT and business

“With technological change accelerating, companies need to make four fundamental shifts.”

Photo by Patrick Tomasso on Unsplash
Four interconnected tech trends shaping the future of IT
  1. Innovation at the edge
    • What incentives will best encourage engineers and domain experts to develop, maintain, and tap into their networks?
    • What processes are in place for tracking and managing VC activity at the edge?
    • What capabilities do you need to identify innovation opportunities and “industrialize” the best ones so they can be shared across the organization?
  2. A perpetual-learning culture
    • Do you have a list of the most important skills your business needs?
    • What is the minimum level of learning needed for advanced users of analytics and manipulators of data?
    • How do you track what people are learning and whether that learning is effective and translating into better performance?
  3. IT as a service
    • Do you have a vision for how the role of the IT organization will change to enable democratization of technology?
    • How will you elevate the role of the technology product manager, and do you have a road map for developing that role?
    • What systems will you need to put in place to manage and track the use, reuse, and performance of code?
  4. Expanded trust boundaries
    • Who is responsible for the enterprise-wide trust and risk landscape?
    • How have you integrated your efforts around customer trust with overall cybersecurity processes?
    • What privacy, trust, and security processes are in place to manage the entire life cycle of your data?

It is inevitable that the pace of technological change will continue to accelerate. The successful technology leader of the future will not simply need to adopt new technologies but to build capabilities to absorb continuous change and make it a source of competitive advantage.”

Much more information and details can be found in the original post at McKinsey here.

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Growth in periods of uncertainty

“Every business leader and CEO aspires to deliver growth, but for many, growth remains elusive. In times of uncertainty, growth is an important facet of resilience; leaders who adopt a growth mindset are better positioned to thrive under disruptions and other challenging situations–and outperform their peers. Outperformers take risks, understand their customers, favor action over perfection, focus on the long-term, and give control to others, according to McKinsey.

Photo by Patrick Tomasso on Unsplash

Explore these insights to understand how to make sustainable, inclusive growth a reality, and dive deeper into topics including:

  • how companies can seize green growth opportunities as we look toward a net-zero future
  • the importance of resilience as disruptions and crises arise over time
  • the ten rules for creating value-generating growth
  • how CFOs and other business leaders can deliver sustainable, inclusive growth”

Got interested? Follow this link to read the original post on McKinsey followed by a collection of topic-related articles and posts on McKinsey’s Website!