{"id":9056,"date":"2020-07-27T08:34:41","date_gmt":"2020-07-27T08:34:41","guid":{"rendered":"https:\/\/www.experfy.com\/blog\/?p=9056"},"modified":"2023-11-24T15:56:50","modified_gmt":"2023-11-24T15:56:50","slug":"the-future-of-work-is-all-about-quantified-workplaces-and-ai-powered-recruitment","status":"publish","type":"post","link":"https:\/\/www.experfy.com\/blog\/future-of-work\/the-future-of-work-is-all-about-quantified-workplaces-and-ai-powered-recruitment\/","title":{"rendered":"The Future Of Work Is All About Quantified Workplaces And AI-Powered Recruitment"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9056\" class=\"elementor elementor-9056\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-6784ac7f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6784ac7f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-34649495\" data-id=\"34649495\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14e516a7 elementor-widget elementor-widget-text-editor\" data-id=\"14e516a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>The technology behind Bitcoin and other cryptocurrencies has a growing use of applications for a number of industries. Here, four experts explore the strategic business value of blockchain in finance and beyond\u00a0<\/p>\n\n\n\n<p>As blockchain enters the mainstream, what value does the technology bring?<\/p>\n\n\n\n<p>The strategic business value of blockchain is growing.<\/p>\n<!-- \/wp:paragraph --\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-37bc9f1 elementor-widget elementor-widget-text-editor\" data-id=\"37bc9f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n\n<p>Initially, blockchain technology powered the infamous cryptocurrency boom, giving rise to Bitcoin, Ethereum and much more.\u00a0But, now the applications for blockchain technology are growing in a number of industries.<\/p>\n\n\n\n<p>It\u2019s presence is felt more than any other in mainstream finance, where it has gained huge momentum.<\/p>\n\n\n\n<p>\u201cOnce a niche for crypto-experts and coding buffs, now big traditional institutions and even central banks are looking to blockchain as they build the foundations for the next generation of financial services,\u201d explains\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/tokarevdmitry\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dmitry Tokarev<\/a>, CEO and founder,\u00a0<a href=\"https:\/\/copper.co\/\" target=\"_blank\" rel=\"noreferrer noopener\">Copper Technologies<\/a>.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-732c21f elementor-widget elementor-widget-text-editor\" data-id=\"732c21f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>Below, taking into account the impact of the current pandemic on the healthcare and financial systems, Tokarev and three other\u00a0experts explore the strategic business value of blockchain in finance and beyond.<\/p>\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e93172 elementor-widget elementor-widget-heading\" data-id=\"0e93172\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\n<h3 class=\"wp-block-heading\">1. The implications of Covid-19<\/h3>\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3c7977 elementor-widget elementor-widget-text-editor\" data-id=\"e3c7977\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>Tokarev believes that in the investment space, the rise of Covid-19 and the resulting economic turmoil has led institutional investors, from traditional hedge funds to major banks, to begin looking at cryptoassets as a hedge against the market and impending inflation.<\/p>\n\n\n\n<p>He says: \u201c10 years ago, a bank like JP Morgan would have been extremely sceptical of cryptocurrencies \u2014 now they offer a crypto bank account.\u201d<\/p>\n\n\n\n<p>Meanwhile in the policy space, Tokarev explains \u201cthere are major steps being taken towards the adoption of blockchain technology. In the UK, the Bank of England is actively exploring how they would implement a Central Bank Digital Currency (CBDC), while some countries, like Lithuania, are already issuing crypto coins in early trials.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eecd2c0 elementor-widget elementor-widget-text-editor\" data-id=\"eecd2c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>\u201cBlockchain is already being widely accepted and adopted, shaping the future of finance. The question now is how firms will integrate this step-change infrastructure without losing the edge of innovation or competitive advantage.\u201d<\/p>\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-very-dark-gray-background-color has-very-dark-gray-color is-style-wide\" \/>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fba8d5e elementor-widget elementor-widget-text-editor\" data-id=\"fba8d5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\" style=\"grid-template-columns: 22% auto;\">\n<figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"150\" height=\"150\" class=\"wp-image-9074 size-full\" src=\"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/blockchain-guide-ctos-tech-leaders-1013x440-2-150x150-1.jpg\" alt=\"\" srcset=\"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/blockchain-guide-ctos-tech-leaders-1013x440-2-150x150-1.jpg 150w, https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/blockchain-guide-ctos-tech-leaders-1013x440-2-150x150-1-75x75.jpg 75w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/figure>\n<div class=\"wp-block-media-text__content\">\n<p class=\"has-medium-font-size\">&#8220;The blockchain guide for CTOs and tech leaders: suitability, adoption, regulation, hype and future predictions&#8221;<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4331c2a elementor-widget elementor-widget-text-editor\" data-id=\"4331c2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p class=\"has-text-align-right\"><a href=\"https:\/\/www.information-age.com\/blockchain-guide-ctos-tech-leaders-123484890\/\" rel=\"noopener\">As use cases for the technology grows, every business and CTO, or equivalent, will need a blockchain guide to help them navigate unfamiliar territory. Read here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-very-dark-gray-background-color has-very-dark-gray-color is-style-wide\" \/>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9040fa8 elementor-widget elementor-widget-heading\" data-id=\"9040fa8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\n<h3 class=\"wp-block-heading\">2. The financial services revolution<\/h3>\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b3dc30 elementor-widget elementor-widget-text-editor\" data-id=\"2b3dc30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>Perhaps more than any other market, the financial services industry is experiencing rapid disruption with the entrance of new players, such as neo banks and Fintechs.<\/p>\n\n\n\n<p>To cope with the evolving needs of customers, companies must\u00a0adopt new technologies to outpace their competitors and remain relevant.<\/p>\n\n\n\n<p>According to\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/marcus-treacher-b8387b5\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"broken_link\">Marcus Treacher<\/a>, SVP customer success at\u00a0<a href=\"https:\/\/ripple.com\/?\" target=\"_blank\" rel=\"noreferrer noopener\">Ripple<\/a>, \u00a0\u201cthe key battleground in the payments industry today lies in improving antiquated cross-border transfers.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3faec90 elementor-widget elementor-widget-text-editor\" data-id=\"3faec90\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>\u201cTraditional payments processes are slow, costly and unreliable. Blockchain technology has the potential to revolutionise the current broken model by enabling faster, more transparent and cost-effective cross-border payments that can be processed in seconds, not days or weeks.\u201d<\/p>\n\n\n\n<p>Findings from Ripple\u2019s recent\u00a0<a href=\"https:\/\/ripple.com\/blockchain-in-payments-report\/?\" target=\"_blank\" rel=\"noreferrer noopener\">Blockchain Payments Report<\/a>\u00a0showed that 45% of respondents are already in production, piloting or close to signing with a blockchain provider.<\/p>\n\n\n\n<p>Treacher adds: \u201cIf companies move fast and adopt blockchain, they can innovate quickly, meet customer demands and enjoy a significant return on their investment.\u201d<\/p>\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-very-dark-gray-background-color has-very-dark-gray-color is-style-wide\" \/>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1b6618 elementor-widget elementor-widget-text-editor\" data-id=\"d1b6618\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\" style=\"grid-template-columns: 22% auto;\">\n<figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"150\" height=\"150\" class=\"wp-image-9075 size-full\" src=\"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/four-unexpected-blockchain-use-cases-1024x440-1-150x150-1.jpg\" alt=\"\" srcset=\"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/four-unexpected-blockchain-use-cases-1024x440-1-150x150-1.jpg 150w, https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/four-unexpected-blockchain-use-cases-1024x440-1-150x150-1-75x75.jpg 75w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/figure>\n<div class=\"wp-block-media-text__content\">\n<p class=\"has-medium-font-size\">&#8220;Five blockchain use cases: from property to sustainability&#8221;<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f65318 elementor-widget elementor-widget-text-editor\" data-id=\"2f65318\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p class=\"has-text-align-right\"><a href=\"https:\/\/www.information-age.com\/five-blockchain-use-cases-123484558\/\" rel=\"noopener\">Blockchain use cases have to be identified before the technology can be adopted. Five experts do exactly that across their respective industries. Read here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-very-dark-gray-background-color has-very-dark-gray-color is-style-wide\" \/>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c2c39e elementor-widget elementor-widget-text-editor\" data-id=\"9c2c39e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>Explaining the merits of the technology,\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/juliansawyer\/\" target=\"_blank\" rel=\"noreferrer noopener\">Julian Sawyer<\/a>, managing director, Europe, at\u00a0<a href=\"https:\/\/gemini.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gemini<\/a>, says that blockchain provides\u00a0\u201ca fundamentally new, more efficient, secure and immutable way to transfer value and record transactions, unaffected by borders or physical locations. These characteristics mean there are huge opportunities\u00a0for blockchain to revolutionise processes and systems in industries that are not currently optimised.\u201d<\/p>\n\n\n\n<p>On implementing blockchain technology, he continues: \u201cOn any wide scale and realising its strategic value \u2013 whether in a consumer or business setting \u2014 will depend on how effectively these specific use cases and applications are developed.\u201d<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4f41f5 elementor-widget elementor-widget-heading\" data-id=\"d4f41f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\n<h3 class=\"wp-block-heading\">4. New strategic and revenue value<\/h3>\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a0010fd elementor-widget elementor-widget-text-editor\" data-id=\"a0010fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>The core advantages of blockchain lie in its decentralisation, cryptographic security and immutability.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/tamarahaasen\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"broken_link\">Tamara Haasen<\/a>, chief of staff at\u00a0<a href=\"https:\/\/iohk.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">IOHK<\/a>, reveals that \u201cthe technology allows information to be verified by the network itself and for value to be exchanged without having to rely on a third-party intermediary. Rather than there being a singular form of blockchain, the technology can be configured in multiple ways to meet the objectives and commercial requirements of particular use cases.\u201d<\/p>\n\n\n\n<p>This means that blockchain has \u201cthe disruptive potential to empower new operating models, but its initial impact will be to drive operational efficiencies and security, harnessing the power of multiple verifying computers, in multiple locations, ensuring no single point of failure, or focus for a targeted attack.\u00a0Cost can be taken out of existing processes by removing intermediaries, or the administrative effort of record keeping and transaction reconciliation. This can shift the flow of value by capturing lost revenues and creating new revenues for blockchain-service providers,\u201d continues Haasen.<\/p>\n\n\n\n<p>As an example, she points to the recent\u00a0<a href=\"https:\/\/cardanosummit.iohk.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cardano Virtual Summit 2020<\/a>, where Atala PRISM was launched.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92a26bc elementor-widget elementor-widget-text-editor\" data-id=\"92a26bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>\u201cThis is a decentralised identity system, compatible with any blockchain system and with the potential to give millions of \u2018unbanked\u2019 people self-sovereign identities and access to a blockchain marketplace of financial and social services. The potential for blockchain to become a new open-standard protocol for trusted records, identity and transactions, is therefore very much here to stay,\u201d she adds.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>21st century skills will be indispensable in the future and we\u2019ll increasingly transition from permanent contracts to the gig economy. Thanks to VR and hologram technology , we will be able to work remotely with people from all over the globe .<\/p>\n","protected":false},"author":661,"featured_media":9057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[182],"tags":[108,492,254,305],"ppma_author":[3424],"class_list":["post-9056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-future-of-work","tag-future-of-work","tag-hologram-technology","tag-remote-working","tag-vr"],"authors":[{"term_id":3424,"user_id":661,"is_guest":0,"slug":"richard-van-hooijdonk","display_name":"Richard Hooijdonk","avatar_url":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/07\/Untitled-19-150x150.png","user_url":"https:\/\/www.richardvanhooijdonk.com\/","last_name":"Hooijdonk","first_name":"Richard","job_title":"","description":"Richard van Hooijdonk, trendwatcher, <a href=\"https:\/\/richardvanhooijdonk.com\/en\/\">futurist<\/a> and international keynote speaker, offers valuable inspiration sessions for companies,\u00a0organizations and the public sector.\u00a0His inspiration sessions have been attended by over 420,000 people. He is a regular guest at radio and television programs. He also lectures at\u00a0Nyenrode Business University and Erasmus University Rotterdam\/Netherlands.\u00a0He investigates tech trends like robotics, drone technology, autonomous transport systems, Internet of Things, virtual reality, biotech, nanotech, neurotech, blockchain, 3D and 4D printing and of course augmented and virtual reality and their impact on various industries. Findings are published weekly in the form of compelling articles, e-books and white papers."}],"_links":{"self":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/9056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/comments?post=9056"}],"version-history":[{"count":11,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/9056\/revisions"}],"predecessor-version":[{"id":34372,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/9056\/revisions\/34372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media\/9057"}],"wp:attachment":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media?parent=9056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/categories?post=9056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/tags?post=9056"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=9056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}