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TRENDS & HAPPENING

What’s the cost of corruption?

Bribery costs the world an estimated $1.5 to $2 trillion annually – and that’s just one of the many aspects of corruption. What’s corruption costing the world? CNBC’s Xin En Lee explains from the annual IMF-World Bank meetings in Indonesia. SOURCE: CNBC (0)

LinkedIn CEO Jeff Weiner says the biggest skills gap in the US is not coding

As head of the world’s largest professional-networking site, Jeff Weiner, CEO of LinkedIn, presumably has access to more, and more detailed, employment information than any government. He knows what jobs people post, what jobs people have, and what jobs people want. And the biggest skills gap he says he sees in the United States is […]

Asian territories retain unassailable lead in container shipping connectivity

China remained the trading nation best connected to others by sea in 2018 according to UNCTAD’s latest Liner Shipping Connectivity Index (LSCI), released alongside the Review of Maritime Transport 2018. The country’s LSCI number has increased by 88% since UNCTAD first compiled the index in 2004. The best-connected territories for seaborne trade were all in […]

Carrefour to use blockchain to track all fresh products by 2022

Europe’s largest retailer Carrefour has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. Julian Satterthwaite reports. SOURCE: Reuters (1)

A blockchain architecture for IoT

In IBM’s recent IEEE International Blockchain Conference paper “Hybrid-IoT: Hybrid Blockchain Architecture for Internet of Things (IoT) – PoW Sub-blockchains” it explains the first phase of development for an end-to-end, decentralised framework to autonomously manage the orchestration of geographically distributed IoT networks. It achieves this through the combination of analytics, well-established blockchain community-based open source […]

Monetary Authority of Singapore (MAS) proposes ways to enhance financial sector cyber resilience

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) provided insights and suggestions on how Singapore’s financial sector can harness the benefits of new technologies while remaining cyber resilient. At its second annual meeting chaired by Mr Ravi Menon, Managing Director, MAS, the international panel also provided advice on MAS’ own […]

European, Asian factory growth sputters on weakening exports, Americas mixed

Growth in factory activity slowed across Europe and Asia in September, with export orders weakening before the latest escalation in the U.S.-China trade conflict, but was little changed in the Americas. Read the full story at https://www.reuters.com/article/us-global-economy/european-asian-factory-growth-sputters-on-weakening-exports-americas-mixed-idUSKCN1MB1EH SOURCE: Reuters (3)

The ‘Future of Jobs’ Report 2018

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in […]

Can you guess which of these paintings was made by a robot?

Take a look at the paintings above. Five were painted by artists from around the world. One was painted by a robot. If you can’t tell the difference, you’re not alone.The pieces were commissioned as part of an experiment by GumGum, a Santa Monica-based artificial intelligence company, and the Art & Artificial Intelligence Laboratory at […]

Flying taxis could take to the skies by 2022

Vertical Aerospace enters the flying-taxi market, aiming to transform air travel and offer short-haul intercity flights with a pilot in the next four years. SOURCE: Reuters (2)

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