In recent months, it was the financial sector’s turn to be challenged, this time by the FinTech phenomenon that is ushering in aggregators, multiple mobile payment and banking configurations, crowd-funding and -lending platforms, as well as cryptocurrencies such as Bitcoin and, perhaps most significantly, its blockchain infrastructure.
So here we are, at the dawn of the blockchain revolution. Thanks to a distributed database technology, which validates transactions (each a link in the chain) through a large collective of Internet users, we have a virtually tamper-proof way of managing transaction logs, without a central server and without an administrator.
Combined with connected objects, such as a front door, and smart contracts (programmes for automatically executing contracts once certain conditions are met), the belief is that blockchain systems could “Uberize” sites such as Airbnb by removing the need for an intermediary between the two parties. But we’re not quite there yet.
Between libertarian dreams and the highly supervised trials being carried out by banks and other companies, it is still hard to get an accurate picture of how efficient blockchain technology is, technically speaking, and how credible the vision of a world in which trust third parties of last resort have disappeared. But it would also be unwise to think that nothing will come of the technology – or of the multiple start-ups that have embraced it to devise applications for sectors as disparate as banking, retail, energy distribution and music.
Whether at the upcoming DigiWorld Summit in Montpellier, whose central theme will be “The Internet of Trust” (15 – 17 November 2016) or the dossier we are preparing for the forthcoming issue of DigiWorld Economic Journal, devoted to “Digital innovation and transformation in the financial sector,” you will have ample opportunity to explore the ins and outs of these fascinating developments with IDATE DigiWorld teams this year.
 We have the feeling that smart contracts, which are often lumped in with blockchains, have what it takes to emerge as a solution unto itself and really catch on.
Connected cars & future of mobile ecosystem: Thierry VIADIEU interview
The vision for the connected car, as for the self-driving car, needs to be part of a more wide-reaching thought process devoted to the different components of the digital transformation that is affecting mobility: the servicisation of car use, the influence of the first car-sharing platforms and ride services, how cities are changing, smart roads, etc.
FIRIP observatory 2017: Successful morning to put digital at the heart of the presidential election
La FIRIP, la Caisse des Dépôts et l’Idate Digiworld Institute ont présenté le 1er mars les résultats de l’Observatoire annuel des RIP 2017, qui fait suite à deux mois d’enquêtes auprès d’un panel très représentatif des acteurs du marché des Réseaux d’Initiative Publique en France.