Blockchain trend 2019
The creation of Decentralized Ecosystem Platforms and new business models
Of all the methods to harness the power of blockchain, one that has piqued interest across borders and industries is the possibility to develop B2B2C ecosystems. A McKinsey study from 2017 reported the importance of ecosystems in the future, suggesting that new ecosystems would emerge in place of many traditional industries with over $50 trillion in revenue by 2025. Not unlike e-commerce in the nineties, the vast potential for growth and disruption with decentralized P2P ecosystems is yet to be discovered.
In enabling efficient peer-to-peer transactions through shared APIs, the potential of a smart contract-powered decentralized ecosystem is vast. This also involves the construction of new business models, in a frame of cooperative competition, with competitors coming together to build up ecosystems that connect various players through the lifecycle of any product and the end-to-end delivery of services.
While this concept has already seen some implementation in 2018, the experiments have brought learnings rather than success. The experiments have helped identify complications in implementation, such as the need for a business governance model that allows all ecosystem players to have a voice without any single leader.
The learnings from unproductive experiments open up the gates for more progress in 2019, with innovative new decentralized ecosystems being developed by the end of the year.
Privacy by design calls for engineers and developers to consider privacy and security throughout the development process, not just at the tail-end of after a privacy violation has occurred. It was developed in the 1990s by Dr. Ann Cavoukian, a Distinguished Expert-in-Residence leading the Privacy by Design Centre of Excellence at Ryerson University and former Information and Privacy Commissioner for the Canadian province of Ontario.
The framework is based on seven foundational principles:
sisfs.ca Social innovation is about more than service improvement.
For a new program, a redesigned service, or a new partnership between organizations to be considered social innovation, there must be transformative impact for the organization, community or region that adopts it. In this way, social innovation has the potential to disrupt entire systems for the better. Social innovation matters because it leads to measurable progress on the complex social and environmental challenges facing communities. Just as we do with technological innovation, we should ensure that the right conditions are in place to promote social innovation in communities.
Canada Health Infoway is leading a movement called ACCESS 2022 — a vision for a future where all Canadians have online access to their health information and to digitally-enabled health tools and services. Better access will empower patients and improve health outcomes. We invite clinicians, allied health care professionals, government bodies, technology and industry partners, patients and caregivers to commit to this vision and join the ACCESS 2022 movement.
ACCESS2022 Gateway to the health ecosystem by way of Community Health Hub will provide 4 critical areas of gross societal wellbeing index: a development philosophy; a tool for measuring conditions and overall wellbeing of Canadians; a way of filtering policy to set ecological, cultural, social and economic criteria; and, a shift in consciousness.
Changing consciousness is the only way of changing the result in our system. How to measure this? Measurement Indices and Screening Tools based on living standard, environment, psychological wellbeing, community vitality, and so on.
(SoundCloud.com Ep 2c: welcome to Frome - a new cultural vision)
ACCESS 2022 is a movement to innovate Canada’s health system that will redefine where and how Canadians access care. We are patient and provider champions working toward a Canadian health care system that is integrated, secure, innovative and focused on improving outcomes. ACCESS 2022 will restore Canada’s health care legacy and modernize the health care experience (Infoway 2018).
“Canadians deserve to be able to access their health information and services in the same way they access their financial services — online, at their convenience, and with assurance that the highest standards of privacy and security are in place,” said Michael Green, President and CEO of Infoway. “We are witnessing unprecedented change that is already affecting our daily lives — how we interact with financial services, generate digital wealth, invest, evaluate, consume, vote, store, transfer, and purchase anything of value. Our goal is to provide all Canadians with access to a modern, 21st century health system that is sustainable, efficient, and, above all, improves their care experiences and health outcomes.”
Digital Consortium Project for Community Health Engagement
An agile team, collaboration not silos, has multiple stakeholders who work together on projects in real time. No waiting for something to move through a chain of contributors. Approvals are made on the spot (McCarthy Tetrault). Leveraging CSA Regulatory Sandbox development of a decentralized platform for social currency experimentation bringing economic, regulatory and legal aspects to develop a specific framework for tokenization, as example.