You may think the metaverse will be a bunch of interconnected virtual spaces – the world wide web but accessed through virtual reality. This is largely correct, but there is also a fundamental but slightly more cryptic side to the metaverse that will set it apart from today’s internet: the blockchain. In the beginning, Web 1.0 was the […]
What’s wrong with cross-border payments today? It’s no secret that the cross-border payments landscape using traditional rails is fraught with fees, hurdles and delay. Individual senders incur outsized fees for the billions of dollars sent in personal remittances every year. Global businesses choose between bearing an FX cost or passing that cost onto their ...
Reduced fuel emissions from more efficient cars, using mobile data to track malaria and even farming that remains one step ahead of climate change. The digital economy is already having a massive impact on society, and there is more to come, says Victoria A. Espinel, President and CEO, BSA, The Software Alliance and co-chair of […]
Nowadays, globalization’s opponents seem increasingly to be drowning out its defenders. If they get their way, the post-World War II international order – which aimed, often successfully, to advance peace and prosperity through exchange and connection – could well collapse. Can globalization be saved? At first glance, the outlook appears grim. Every aspect of ...
