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What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. This also includes Bitcoin (created in 2008) and Ethereum (created in 2015). Reading Time: 6 minutes. What is the value of digital currency?

Banking 120
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Multinationals Have a Bright Future, If You Know Where to Look

Harvard Business

It began soon after the global financial crisis of 2008. According to World Bank data , merchandise trade grew from 16% of global GDP in 1990 to 26% by 2008. They need to double down on localizing their operations in every major market. Since then, it has been in steady decline and now stands at a little over 21% of global GDP.

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If the U.S. Gets into a Trade War with the EU, It Will Lose an Ally in Pressuring China

Harvard Business

Instead, particularly after the 2008 financial crisis, China has expanded central planning ; 100,000 SOEs have been the principal engine of that expansion. The most challenging subsidy is $330 billion for an initiative known as “MADE IN CHINA 2025.” Moreover, MADE IN CHINA 2025 is only the first of three phases.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. 7 trillion by the year 2025 from about U.S.$300 7 trillion by the year 2025 from about U.S.$300 will grow to U.S. $5

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How disruptive is the 'Sharing Economy'?

freshminds

Airbnb Since its launch in San Francisco in 2008 between two friends renting their home out during a conference in the city, this online bed booking service offers over 250,000 rooms provided by private individuals in in over 30,000 cities in 192 countries. billion since its launch.

Hotels 53
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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. The differences were dramatic. for all other companies.