Deloitte Demos Blockchain Use Case for Art Industry
Professional services firm #Deloitte has unveiled a new #blockchain proof-of-concept focused on artwork provenance.
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Innovating a Centuries-Old Industry
A little over three hundred years ago, London was the setting for arguably the most important pivot the insurance industry has ever witnessed: in Edward Lloyd’s coffee house on Tower St, the great and the good of the merchant shipping industry gathered over a cuppa to listen to the proprietor drop nuggets of shipping news and gossip — sensing a business opportunity, Lloyd began hosting maritime auctions, collating information, and even publishing a industry newsletter three times a week. The relationships, ideas, and business deals struck in this coffee house spawned an industry, with Lloyd’s of London, and Lloyd’s Register amongst the organisations tracing their roost to this must humble of beginnings — and, truth be told, that’s probably the first and last great innovation the insurance industry has embraced. At NDRC, in partnership with Aviva Ireland, we plan to change that.
At the end of May, we will host the Aviva InsurTech Bootcamp Weekend: to paraphrase Gene Murphy, it’s 194,400 seconds in which to learn something new — about yourself, about Aviva and the wider insurance industry, about entrepreneurship — and just maybe take the first step towards creating something special.
So what’s going to happen at the InsurTech Bootcamp? In many respects the recipe will be similar to a Startup Weekend: we’re gathering together innovators, designers, technologists, dropping in a liberal splash of insurance industry knowledge, and a helping of entrepreneurship smarts from NDRC’s venture investment team. The Aviva mentors on hand will proceed to outline a number of themes that they’re interested in focusing on:
- Big Data & Privacy;
- Internet of Things & Wearables;
- Smart Ageing;
- Climate;
- Fraud;
- Customer Engagement.
We’ll then call on idea-owners to give a 60-second pitch (you HAVE to read Ed Fidgeon-Kavanagh’s post on how to hack this process), followed by a public voting session to pick the top ideas; once the ideas are picked, the teams are formed, and it’s heads down until you resurface on Sunday evening for the pitches, and a chance to walk away with a cash prize. #simples
It’s going to be a great weekend: an opportunity to learn, build relationships, and sample some of the real life experiences of being a founder, in a supportive and structured environment. There’s also be plenty of opportunity to meet and engage with the C-level team from Aviva Ireland; we’ll have Ben Luckett, Managing Director of Aviva Ventures in the building; and there’ll be NDRC portfolio teams on hand to share their startup stories. I’m incredibly excited to be facilitating this weekend, and playing a small part in the disruption of an industry.
Full info on the InsurTech Bootcamp Weekend schedule and sign-up details.
[linkedinbadge URL=”https://www.linkedin.com/in/davescanlon” connections=”off” mode=”icon” liname=”David Scanlon”], the author of this post, is Venture Investment Leader at NDRC and this article was originally published on medium.
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Affirm is partnering with Expedia and Eventbrite so you can pay for experiences over time
#Affirm has made it no secret that its success will hinge on its ability to offer customers a wide range of retail partners where they can frequently use Affirm to pay. While the lending startup originally launched with niche partners like Casper mattresses and Boosted Boards, they have recently partnered with mainstream retailers like Home Depot and J. Crew with the hopes of tempting a… Read More -
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Vermont is Close to Passing a Law That Would Make Blockchain Records Admissible in Court
An economic development bill in #Vermont includes language that makes #blockchain data a form of #admissible #court evidence.
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Tendermint Exploring Possible Public Blockchain Launch
#Blockchain app specialist #Tendermint is in the early stages of launching a #public blockchain that could find it issuing tokens.
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Confused By Blockchain? Separating Revolution from Evolution
What’s a #blockchain, what’s not and why does it matter? Former itBit director Antony Lewis attacks these questions in this opinion piece.
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The Liberty FinTech Challenge is Open!
In partnership with Matchi, Liberty is challenging the global #FinTech community to enter their market-ready solutions into the Liberty FinTech Challenge 2016. Shortlisted entries will compete for a PoC project (Proof-of-Concept project) within the Pan African financial services giant.
The Liberty Fintech Challenge 2016 was launched globally on Friday, 13 May 2016 and will close for response on Tuesday 31 May 2016 at 23:59 CET.
The challenge is calling for relevant, market-ready responses in two (2) exciting, customer-focused categories:
Category 1: Get an insurance quote, just by speaking to your phone
The challenge is calling for solutions that will make it easy for Liberty’s financial advisors to get things done, simply by talking. For this category, the focus is on generating an insurance proposal in a few sentences. The solution should be able to turn sounds into words, and those words into intent.
Category 2: Password-less authentication
The challenge is calling for solutions that will identify customers through their unique behaviour or other attributes –in order to give them access to their information without the need for a password. For this category, potential respondents should think beyond biometrics.
Entry is exclusively through the Matchi platform at https://matchi.biz/challenge-liberty.
“In the retail business at Liberty we are now focusing all our efforts on our customers, and in particular our customer pain points. The Liberty FinTech Challenge 2016 is our first step in sourcing existing solutions which we can adapt and modify to solve these pain points. We are excited to begin this journey in partnership with Matchi, to further innovate, expand our reach and access creative capacity from across the world.”
David Lloyd, MD Innovate, Liberty
On the Matchi site, potential challenge respondents from around the world can see videos detailing exactly what Liberty the challenge is looking for. Prospective entrants can then sign up or login to submit an overview of their innovation, and motivate why it should be selected for a PoC project within Liberty.
All entries will be validated and individually scored against set criteria:
- Novelty/ Innovativeness
- Ease of Implementation
- Potential Impact (revenue, cost or efficiency)
- Overall Impression.
The three highest ranking innovations in each category will have an opportunity to present their solution to a judging panel from Liberty on 23 June 2016. From there, one innovation will be announced as the ultimate winner in each category and the two winning firms will continue through to the PoC project phase.
[linkedinbadge URL=”https://www.linkedin.com/in/catherine-miller-932156a” connections=”off” mode=”icon” liname=”Catherine Miller”], the autor of this article is Head of Marketing at Matchi.biz
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Bitcoin Startup Blockchain Releases Code for ‘Thunder’ Payment Channel Tech
The development of payments channels on the #bitcoin network took a step forward today with new #technology released by wallet #startup #Blockchain.
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Presidential Cybersecurity Panel Hears Blockchain Testimony By IBM
A #panel on national security and cyberspace appointed by President Barack Obama heard #testimony on #blockchain #technology from IBM earlier today.
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R3 Bank Partner Northern Trust Details Four Internal Blockchain Tests
R3CEV’s test with #Northern #Trust inspired a #blockchain proof-of-concept among three other experiments for different aspects of asset management.
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