Elon Musk turns his eye to disrupting the out dated global auto insurance industry
WHY THIS MATTERS IN BRIEF The more data insurers have about a driver and their habits the more accurate the insurance premiums can be – and Tesla has all the data. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog....
French central bank successfully completes first test of their sovereign digital currency
WHY THIS MATTERS IN BRIEF National fiat currencies will all one day be digital, and the move’s already starting … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. France’s central bank has announced it successfully completed a pilot transaction...
Major european banks get serious about building a Mastercard and Visa rival
WHY THIS MATTERS IN BRIEF Today it seems we have America, China, and then “the others” – increasingly Europe wants to change that narrative … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. The European Payments Initiative (EPI), a...
Facebook backed cryptocurrency Diem to launch later this year
WHY THIS MATTERS IN BRIEF Facebook’s Libra could have changed the global financial system overnight, but after regulators blocked it they’re now taking a different approach … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. Facebook wanted to revolutionise...
China just performed the world’s first remote neuro-surgery over 5G
WHY THIS MATTERS IN BRIEF Sometimes experts are based in other cities, and if you need access to a surgeon that can be a problem – but 5G and remote surgery solves that problem. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch...
Green Bitcoin alternative Chia causes global hard drive shortages
WHY THIS MATTERS IN BRIEF Bitcoin’s energy consumption is huge, rivalling most nations, and its unsustainable so people are trying to create “green” alternatives. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. Bitcoin and other cryptocurrencies that run on...
Federal Reserve’s Digital Dollar initiative has Wall Street panicking
WHY THIS MATTERS IN BRIEF A CBDC, a government digital currency, could cut the banking middle men, and that’s freaking some of them out. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. The financial services industry, braced for what...
Bank of England jumps on the central bank digital currency bandwagon
WHY THIS MATTERS IN BRIEF A digital national currency would help the unbanked, save governments money, and give them unprecedented real time insights into their economies. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. As several central banks race...
A US realtor is trying to sell an actual house as an NFT now
WHY THIS MATTERS IN BRIEF NFT’s are normally used to sell digital assets, but this realtor’s now trying to use the technology to sell real objects … and it’s an interesting concept. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my...
MIT’s smart clothes measure your body’s movements more accurately than ever
WHY THIS MATTERS IN BRIEF Clothes will eventually become smart and be able to measure, monitor, and analyse everything from your movements and respiration rates to your biochemistry, this is another step in that direction. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential...
China says its new digital currency will be an insurance policy in case tech giants fail
WHY THIS MATTERS IN BRIEF Tech giants are increasingly powerful and interwoven with society, and the Chinese government is making contingency plans in case they fail. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. China has been at the...
Scientists developed a device that enables two way communication with plants
WHY THIS MATTERS IN BRIEF Plants are a rich source of information – if you can communicate with them that is … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. In the past couple of years I’ve seen scientists...
JPMorgan ventures into UK retail banking with its first digital only bank
WHY THIS MATTERS IN BRIEF The cost of opening and operating a digital only bank is just a fraction of that of a traditional bank. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. For the past five years or...
Global NFT craze helps digital assets of all kinds sell for record breaking sums
WHY THIS MATTERS IN BRIEF NFT’s that allow people to sell any type of digital asset, from a tweet to a digital piece of artwork, are fuelling an unprecedented spending craze. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog....
Futuristic Spinach can send you emails about climate change, life, and stuff
WHY THIS MATTERS IN BRIEF Plants are getting more super powers than ever before and it’s all thanks to new tech and weird scientists … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. Over the past couple of years...
Bitcoin is helping human rights activists avoid government crack downs
WHY THIS MATTERS IN BRIEF If you want to suppress people you do two things – send in the military and cut off their funding, and Bitcoin is making the latter harder. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my...
India drafts legislation to ban private cryptocurrencies like Bitcoin and develop a national coin
WHY THIS MATTERS IN BRIEF Cryptocurrencies and especially Bitcoin seem to freak most governments out because they reduces the state’s control of money, India could be setting a new global precedent. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog....
Samsung guns for 6G leadership by unveiling its future vision
WHY THIS MATTERS IN BRIEF 6G is about 8 to 10 years away, but companies are already positioning themselves to be the leaders in the space. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. 5G is has just started...
6G demonstrated in the labs as researchers stream uncompressed 8k video
WHY THIS MATTERS IN BRIEF 5G is only just out of the gates but countries are already laying the groundwork for 6G. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. 5G is only just out of the gates but...
Quantum computers get busy helping BMW optimise its global supply chain
WHY THIS MATTERS IN BRIEF Ultra-powerful quantum computers are perfectly designed to help solve optimisation problems, and most global supply chains are highly inefficient. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. Back in 2019 Volkswagen became one of...
