Corporate Blog

This is why airlines are not ready for Bitcoin just yet

This is why airlines are not ready for Bitcoin just yet

Customer: Can I pay you in bitcoin? Ticket counter agent: Mmm, no. I am sorry. Customer: Why not??? It is the currency of the digital age! Ticket counter agent: I'm sorry, we do not accept bitcoin. Cash or card? Customer: But why not? This conversation could be happening right now, at the ticket counter of any major airline, in any of the busy airports around the world. Interestingly, both parties are quite right and perfectly justified in their positions on the topic. So let us look at both sides of the coin and try to explain why. Bitcoin, despite the initial bad press about being used in qu...

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Soul searching for tech innovators: Tell customers WHY not just WHAT

Soul searching for tech innovators

Once upon a time, people would thank technology for letting them do things they never dreamed possible. Those times are gone, and people are harder to please than ever before. Today's users want to get things done faster, easier, more efficiently and at a definite cost advantage over the long term that would ultimately pay for the technology itself. Otherwise, investing in technology just doesn't make sense! HAX, a hardware accelerator which supports multiple start-ups in the robotics space, recently hosted a demonstration of the technologies developed under their incubation. A common consensu...

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Aviation in Africa: Need for local partnerships and an economic challenge

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The continent of Africa has a total of 54 independent countries, but international trade to and from the region is dominated by just five countries. Growth is steady on the whole (around 1.5% in 2016 and 2.6% in 2017) standing just behind Asia as a continent, and expected to strengthen in the coming years. But some countries in the region stand out - Ethiopia has been growing at 10% by IATA estimates while Kenya shows a 6% growth rate according to World Bank estimates. This distribution of trade across the expanse of the continent calls for a good connectivity network as can be provided only b...

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Built to last: Five lessons from the IBS journey

Built to last: Five lessons from the IBS journey

40% of businesses in this room, unfortunately, will not exist in a meaningful way in 10 years John Chambers, Chairman, Cisco This grim prediction was made two years ago before a 25,000 strong audience. Chambers blamed ineffective digitization efforts, but statistics surrounding corporate longevity isn't generally compelling. The United States, an icon of capitalism for the world, scores a net negative when it comes to business survival – around 400,000 new businesses start every year and 470,000 close down as per small business information resource Success Harbor. This doesn't mean e...

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Cascading rewards: Reinforce customer loyalty, boost revenue

Cascading rewards: Reinforce customer loyalty, boost revenue

Forget the mistake, but remember the lesson. Sometimes, a brilliant idea goes to waste, or becomes pure evil, when used for the wrong purposes. However, the magic of human resilience lies in the fact that we are able to pick up positive lessons from even the worst of situations and apply them for effecting a positive change. Blue whale – a shady mobile app game which gives you 50 adverse tasks to complete, eventually driving you to depression and possibly suicide – has been grabbing headlines recently and it is all predictably for the wrong reasons. Let's be clear: the game is illegal in ...

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