Lars Seier Christensen is a Danish businessman, investor, and serial entrepreneur. He is the founder of one of the most iconic financial and multi-asset trading and investment platforms, Saxo Bank. Having spent his early career years at Saxo Bank, and learning some of the most challenging lessons here, Dinis was delighted to interview Lars at the latest episode of his YouTube podcast series, powered by citiesabc.com, fashionabc.org, and openbusinesscouncil.org.

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

The two experts journeyed through various milestones within the context of technological advancements, while discussing the potentials that lie within the bedrocks of blockchain technology, and finally how Concordium, a blockchain-based infrastructure founded by Lars, provides identity solutions for its users. The conversation grows up to touch one of the highlights: how all these solutions will meet and enhance the metaverse.

Early in the interview, Lars clearly indicated his profound interest in the business. It was this urge to attain extraordinary dimensions, that he worked in a multitude of industries before starting a brokerage firm with one of his clients, that later popularised into Saxo Bank: an unconventional internet-based trading and financial platform.

“I had no idea about the internet at that time. We were attracted to it as we realised that it had a lot of potential for the world, not just the financial industry. And we ended up bringing up one of the world’s most interesting foreign exchange trading platforms, and it later became a much broader offering. With the internet, we were able to gradually scale up from tens to hundreds to thousands of people at the same time, and then to a much wider public than had prior to that.”, he told Dinis.

Recollecting his experiences at Saxo Bank, Dinis agreed with Lars that while the work culture at Saxo Bank was performance-oriented, it always considered every stakeholder into perspective. “When somebody chooses you for banking or any other purpose, they are there for their own development or to feed their own family. They are not there to make me rich. So, there needs to be something in it for everyone.”, said Lars, sharing his ideology with Dinis as a founder. “It’s not only about maximising the business outcome if you don’t have a nice time,” he added.

Venturing into the world of blockchain

Between 2009 and 2011, when blockchain was just born, Lars started to get aware of this trending technology. Over the next few years, he started to explore it and realised the potential that lay in it. Working in a world where financial institutions and service providers are governed by regulations and legislation, Lars followed it as a hobby.

Although decentralised in its nature, he told Dinis, he understood that the drawbacks of the technology, like anonymity and non-scalability, could become major challenges in its mainstream adoption.

“That’s what led me to set up Concordium as an attempt to combine these two things- take what’s great about the blockchain (distributed nature, no single points of failure) and with the traditional finance system where we know what regulators think,” he told Dinis.

Thus, with a solid framework at its foundations, Concordium provides an impenetrable infrastructure that merges conventional financing with the decentralised blockchain network to offer an advanced model for users where they can build a multitude of use cases.

Seier Capital: Lar’s family office and investment vehicle

Steering the conversation to another dimension of Lar’s personality, investing, Dinis asked him to throw light on Seier Capital. Lars told him that after he left Saxo Bank, he shifted his focus to provide an identity to it. As of today, he has morphed it into an operational unit from where he makes his decisions related to investment in businesses and enterprises and operated his restaurants and other ventures in technology, especially blockchain.

“I’ve allocated a portion to the use cases that I want to build on Concordium. Somebody sitting and thinking I’m building this exciting blockchain use case, may have a look there. You might be lucky to inspire me so much that I help you a little bit financially,” he said about Seier Capital.

Sharing his wealth of knowledge and wisdom for young entrepreneurs and technology enthusiasts, Lars said:

“There will be hard days but you really need to have love and persistence for what you want to do. Further, focus on something that you know about. You need to know at least something about what you are going to pursue. Other than that, make your decisions, and have the stomach for what comes next.”

About citiesabc.com
https://www.citiesabc.com/​​​​​​​​​​​
https://twitter.com/citiesabc__​​​​​​

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on:

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Digital ID, Financial Security, Metaverse – Dinis Guarda Interviews Lars Seier Christensen, Founder of Concordium and Saxo Bank appeared first on OpenBusinessCouncil Directory.

India – an economic powerhouse set become the fastest-growing economy by the end of the year – extended their lead in the first quarter of 2022, and is projected to be a fifth larger than the UK by 2027, according to the International Monetary Fund (IMF).

On the last day of Q4 in 2021, India’s economy stood at $854.7bn, whilst the UK’s was at $816bn, marking a significant turn of events compared to a decade ago, when India was ranked 11th among the largest economies, and the UK was fifth. Nayan Gala, founder of JPIN, the largest bilateral investment banking platform across the UK and India, explains why India has experienced such a fast growth, how the country differs from other economies, and how the LSE can maintain their competitive edge in a post-Brexit era.

Dubbed as Asia’s Silicon Valley, India is home to some of the world’s most successful CEOs, who are at the helm of steering global conglomerates such as Alphabet, Microsoft, Twitter, Adobe, FedEx and most recently, Starbucks. The economic powerhouse is already one of the top destinations for investors looking for tech startups and despite global ‘stagflation’, India continues to thrive in development, IT and digital technology. Currently boasting over 100 unicorns, it is producing one every ten days and will be instrumental in supporting the UK’s tech growth in the coming years especially after the Free Trade Agreement is passed.

In comparison, a chairman of the London Stock Exchange (LSE) has recently warned that the UK must act fast in “tearing up decades-old orthodoxies and water down a host of stock market rules” to ensure that London remains a relevant destination for flotations and capital raisings. He added that the capital is no longer the “default” European venue for listings and equity raises, and that the LSE, once flying with the likes of New York, Shanghai, and Tokyo, could diminish to that of a regional exchange if it continues to shrink at the current pace. Although Brexit has presented a vital opportunity for the UK to branch out towards markets outside of Europe, experts have asserted that this should also work alongside the implementation of radical reforms to ensure that London persists as a relevant destination for flotations and capital raisings.

As of June this year, the number of companies trading on the LSE stood at 1,900 – a slight decrease from 1,994 during the same time last year. For context, negotiations regarding Brexit first started in 2016, when the number of listed companies on the LSE reached 2,348 in January that year. London has traditionally been known as the world’s most international stock exchange. In 2020, 25% of the world’s cross-border IPO capital was raised in London, and three of London’s five largest IPOs were international. In comparison, only 13 listings took place in the first six months of this year, raising just shy of $150m – a staggering 71% and 99% decline on the last two years respectively.

Nayan Gala, investment specialist and founder of JPIN, comments on India’s fast-growing economy and how the UK can maintain its competitive edge:

“Despite a few dips in the past two years due to the effects of a pandemic and an ongoing war, India has continued to show signs of real development and record economic growth – which has resulted in a huge leap ahead of Britain.

“This monumental moment clearly illustrates how companies hailing from the country are successfully positioning themselves for the changing landscape in technology. As one of the leading hubs of IT and technology, I expect to see an increasing number of investors turning East in search of the startups that could shape the future of the global economy.

“London has always been an attractive destination for companies looking to go public, with a particular interest from international businesses. The last few years have evidently presented a few challenges – but now, particularly with the opportunities Brexit has provided, there are some outdated aspects of the UK’s stock market regulation that could also be reassessed to present further opportunities. This will likely assist with boosting the stock volume, value and quality, and could result in a significance bounce back of the LSE.”

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post India Overtakes Britain To Become Fifth-largest Economy appeared first on OpenBusinessCouncil Directory.

So, what is stopping people from hiring you?

Well, it is probably your resume. Not only does your resume have to be mistake-free and show off who you are – but will have to be more impressive than the ones of everyone else who is applying for the job. The sooner you start, the shorter time it will take you to get there. Here is the ultimate guide for getting your teens resume ready.

You will want to create an amazing resume like this one – https://arielle.com.au/senior-executive-resume-example-australia/.

We know that sounds really daunting, but luckily for you, you have found an article that will teach you how to create the perfect resume.

#1 – Tailor Your CV To The Role

If possible, you should create a unique resume for every job that you apply for.

You will want to go through the job description and make sure that your resume demonstrates every skill that they have asked for.

You should also go through the company’s website and allow that to inform what you do and don’t include on your resume.

Remember, that you will want to keep your CV at 2 pages or less.

#2 – Have Someone Else Proofread It

When we spend a long time working on the same document, we often go blind to the mistakes in it.

This is why, after you have finished working on your resume, you will need to make sure that you let someone else read over it and look for mistakes.

They will be able to spot the mistakes that your eyes gloss over.

If you know someone who has hiring experience then you should ask them to take a look at your resume too.

They will be able to tell you which bits they find appealing and which bits you can get rid of to save a little bit of space.

#3 – Don’t Be Afraid To Take Risks

If you are applying for a job in a creative industry then it is essential that you have a creative resume.

For example, if your skill is designing websites then turn your resume into a beautiful website that shows off your skills. If you are applying for a writing job then your copy should be as engaging as possible

You want to use your resume as an opportunity to showcase all of your skills.

Don’t forget that you should include a portfolio of your best work if you are applying for a creative job.

#4 – Focus On Skills And Achievements

In some situations, you will want to use your CV to showcase all the different businesses you have worked for. But in general, especially if you are relatively inexperienced, you will want to focus on your skills and accomplishments.

If a job description is asking for someone who works well in a team, then you will want to list that as one of your skills. Then offer a few concrete examples of how you have done that in previous jobs.

You should be doing this for all of the skills mentioned in the job description. This will show the employer that you have made a CV just for them. This will impress them.

#5 – Keep It succinct

As mentioned above, you do not want your CV to be longer than 2 pages. Unless you are applying for an especially high-level position or specialized role.

Going over two pages will show the employer that you don’t know how to edit yourself, how to pick out achievements, or they might even think that you don’t know what they are looking for in the role.

There is no need to use full paragraphs on a resume, instead use bullet points. You want the employer to be able to find all the information they are looking for in a minute or less.

#6 – Always Include A Cover Letter

Finally, you should always attach a cover letter to your resume.

This cover letter should be unique to each job you apply for and you should make the point to talk about why the company interests you, as well as the job.

You want this to be a maximum of 5 paragraphs long. Do not feel under pressure to fill the whole page, unless you genuinely have enough to say about the role.

This will be your opportunity to show a little bit of your personality and to show that you are dedicated to the job enough to do your research.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post How To Create The Perfect Resume appeared first on OpenBusinessCouncil Directory.

The Italian contemporary artist and blockchain pioneer, Andrea Bonaceto, is well-known for creating colourful portraits and landscapes. Building the context from his previous interview, Dinis Guarda and Andrea journey back to the previous year when NFT rose to record levels, gaining momentum and bringing contemporary artists to a new digital era.

Talking about this multifaceted dimension of his personality, Andrea explained to Dinis:- “To have a very high profile and very high-quality effort in something, you won’t be able to do 24 hours a day, you will then start hating that thing. You really need to move from that hyper-competitive dimension of yourself. I’m just being honest with myself. As an artist, that gives me freedom – the highest ideal for human beings. My curiosity, however, makes me explore things. This all comes together to give me many faces.” 

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Technology: The modicum of creativity

Believing in art as a robust tool for bringing a technological revolution, both the creators, Dinis and Andrea, agreed on the point that technology can leverage an individual’s needs in society to be put at the centre of development. They consequently believe:- “For most of the jobs that the people are doing, AI and Robots will be able to do it better”. 

Taking this discussion forward, Dinis asked Andrea for his overview of challenges within society. He graciously replied:- “As a society, we need to understand that there are enough resources for everyone if we re-adjust a bit. I think that blockchain shows us that we all need not possibly give our data and let others profit from that. We can take control of the data we generate. So, the fact that I create value, I really hope we can resolve that part, and create incentive schemes”. 

Speaking of creating rewarding ecosystems, Andrea told Dinis that it would be a more sensical idea to create groups that have the same bigger idea. A community that is able to create influence and is active to do remarkable things deserves incentives. “We are still in the experimental phase, and such groups don’t exist still. But, generally speaking, it is important to strive toward a higher idea. It will still need a lot of trial and error. The rewarding community is a way to show a light that I’m on the right trajectory”, he said.

AB Infinite 1: Creating NFTs nested within another NFT

Andrea recently launched an exhibition of his latest artwork, AB Infinite 1, on London’s major commercial street Oxford Street. According to Dinis, this has a “metaversive” dimension to it. He appreciated Andrea:- “Your work is a bit of a metaverse because it has a huge component of interactivity, an immersive experience that is digital, and a collaborative experience”. 

Andrea told Dinis:- “AB Infinite 1 is a programmable and upgradable NFT. It means that the people who are using #abinfinite1 on social media networks actually will be able to author the piece. Your modifications get embedded in that in an abstract fashion. So, the AB Infinite 1 art changes base on the people interacting with the piece on social media networks. We’ve designed software for that”. 

The artwork represents an interactive snapshot of Andrea Bonaceto’s life in the eternal cycle that goes “ab infinite” (Latin for “from infinity”) to the origin, symbolised by the number “1”.  Andrea has curated the abstract work as AB Infinite 1 and the portraits as abstract landscapes at his installation in London.

Explaining how to participate, Andrea said:- “If you take on the portraits, you use #abinfinite1 on Twitter or Instagram, the software that we have designed takes that image and embeds the image into that piece. If you go and examine the piece, you’ll see that there are some sections that are abstract that I do, and then, there are some parts that are AI-generated. You can identify them because they are just different in colour and filling. However, they are in line with the colour and palette of the piece”. 

From a technological standpoint, Andrea further explained, this piece that is created is minted on a blockchain as an upgraded NFT using the latest NFT standard (Arch19). “There is a transaction on the blockchain, pretty much on a daily basis now for that piece, that actually upgrades the piece. And if you actually go and see the piece right now, you’ll see that it’s different from the original snapshots because some sections are different”, he said.

Dinis was interested to know how Andrea was planning to commercialise the concept. He graciously replied that the piece will go on a world tour – a major museum in Milan (Italy), China, Turkey, and Times Square (New York) before coming back to Oxford Circus London where it will be projected full size to be presented for an auction after that.

In concluding the interview, Andrea fondly said:-  “You need to make the effort to look into the future and try out the trends. Find the logical sense it makes for society. And then you need to look back from that point, and relish what you have accomplished”. 

About citiesabc.com
https://www.citiesabc.com/​​​​​​​​​​​
https://twitter.com/citiesabc__​​​​​​

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Andrea Bonaceto On Dinis Guarda YouTube Podcast: Unveiling AB Infinite 1 Worldwide, AI, Blockchain, And The Essence Of A Rewarding Community appeared first on OpenBusinessCouncil Directory.

Remote working is not only about working from anywhere across the world but it’s also about the freedom, that comes with it.

Taking up trading as a full-time career can be quite challenging if you’re not having the right platform to do so. The right trading platform not only comes along with excellent technical charts and in-depth analysis, but it’s also about education.

FinoTrend is a perfect reason for every beginner to jump into trading. The coolest trading tax, along with mentorship, helps in leveraging the best out of the platform.

Let us find out a little more about why FinoTrend is ruling the current market.

FinoTrend – Secrets that make it a market leader:

1- An account type for every user:

 The most exciting feature about FinoTrend is the fact that there is no single account for every trader. It’s not following a one-size-fits-all, rather it has five different accounts to fit as per your taste.

Not only does it involve a lot of flexibility but it gives you a chance to understand and select words the best for you all different accounts come in with unique deposit amounts.

2- Web Trader Platform:

Another interesting feature includes the web trader platform.

Trading on FinoTrend would mean you have to log in to your personal WebTrader account. Thus it gives another layer of personal security when it comes to trading. The WebTrader platform is smooth with a great user experience and a great interface which makes trading also exciting for you.

3- Multiple Instruments to Trade On:

 A training platform that supports multiple instruments is a real catch. The instruments that are being supported in FinoTrend include the currency market, commodities market, and equity market. This makes it very easy for traders to switch between them.

4- Quick Account Verification:

 The simple account verification technique also makes it very easy for you to open an account. Just a minimum document requirement set and you are good to go.

Moreover, the deposit amount can be paid in three different ways. It includes bank transfers, plastic money, and cryptocurrency. The only thing that you need to keep in mind is while you’re checking out your amount, it should be in the same mode in which it was deposited.

5- Take Your Trades With You:

Giving you the freedom to select the web trader platform you want to choose.

You can either go ahead and complete your trading right on the web, or you can install it for your Android or Windows device.

This added flexibility not only ensures that you stay on top but gives you the benefit of taking your trade wherever you go.

Conclusion:

Having the right trading platform is going to make your journey easy. FinoTrend ensures that every beginner is exposed to a great education and hand-holding. So if you still haven’t opened up an account yet, what are you waiting for? Sign up right now and enjoy this blissful experience.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post FinoTrend Review: How They Can Help You in Remote Working Post-Pandemic? appeared first on OpenBusinessCouncil Directory.

Commercial waste from businesses has been a withstanding issue, with GOV statistics estimating that the UK generated 43.9 million tonnes of commercial and industrial (C&I) waste in 2018, of which 37.2 million tonnes (85%) were developed in England.

However, many businesses do want to go greener. A recent report found that over 60% of UK business owners would cut ties with suppliers that broke their environmental commitments. In addition, SME owners across the country are calling for more government funding to help businesses go green this year (87 percent), as over a third state their customers care about what their business is doing for the environment along with their own employees (24 percent).
In light of Earth Day, card payment specialists takepayments Limited have compiled a list of practical but straightforward tips to help businesses and SMEs go greener effectively.

Five eco tips for businesses this Earth Day

1. Invest in recycled paper

It’s all well and good to recycle your office paper and have separate waste bins for recyclable and non-recyclable stuff, but if. Still, if you opt to buy non-recycled paper, it’s counterproductive. Paper production necessitates an enormous quantity of energy.
Use recycled paper for offices to guarantee your company is environmentally conscious. Recycled paper uses 28 percent less energy, and you’ll be helping the UK economy as well (as recycled paper is often made in the UK).

2. Shut down tech properly overnight

Monitors and lights are easy things left on after everyone has clocked out. Making your employees shut off laptops and other equipment at the end of the day is a good way of lowering your carbon footprint. Although this may not significantly lower energy use, it will if you have a bigger office space.

3. Select green suppliers

Using a green energy supplier is a reasonably simple and environmentally friendly move your company can make. Many energy providers generate electricity from sustainable, renewable sources like solar, wind, and hydro. Some offer a combination of energy sources, others guarantee 100% renewable energy, and other stormwater prevention plan companies in houston tx, for instance, look at long-term solutions; assisting businesses with stormwater compliance, Ground Water Investigation/Remediation, Stormwater Pollution Prevention Plan, training and more.

4. Collaborate with other eco-conscious businesses

Do your research and, if possible, collaborate with other like-minded, environmentally concerned businesses. Numerous green partners range from sustainable raw materials suppliers to carbon-balanced office printers and even eco-friendly web hosting.
For smaller businesses, collaborating with other local eco-businesses in things such as giveaways on social media or using their services is a great way to communicate your efforts with your customers and help boost the local economy.

5. Invest in sustainable packaging

Encouraging recycling and reusing is critical in any industry. You could sell branded reusable items like shopping bags and coffee mugs in retail. If you own an office, make sure you have the appropriate recycling bins and encourage your employees to use the best green practices, as we do at Solve.

Even the most minor things don’t cost anything, like encouraging staff to bring their lunches in reusable containers. You could even give them branded eco lunch boxes –good marketing for your company and the environment!

Sandra Rowley at Takepayments Limited , said,

“Days like Earth Day are a reminder for all of us to keep incorporating minor changes in our business practices. People more than ever are looking to buy from businesses that incorporate the most ethical and eco-friendly friendly practices. Consumers are becoming more environmentally conscious every year, and companies need to adapt to that demand if they want to thrive long term.

Whether your organisation has the budget to invest in more long-term strategies or whether you’re an SME who wants to make small changes while getting the business off the ground, making a conscious yet committed effort towards sustainability will be rewarding not only for your business but also yourself.”

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Earth Day: Five Easy Tips To Help Businesses Go Greener appeared first on OpenBusinessCouncil Directory.

If you are travelling to Oxford for example, you will want to know the best restaurants in Oxford  but If you are travelling to Chicago for example, you will want to know the best restaurants in Schaumburg. Eat out, treat yourself.

However, eating out and finding a good place to do so is not always the easiest thing to do. There are so many choices now, picking a good place is somewhat a challenge.

So, stick around to find out what you should be checking off your list for what to seek in a restaurant.

Choosing A Restaurant Is Not Always Easy.

Picking a restaurant might seem easy at first glance, but the truth is, it isn’t. Picking a good restaurant at which to eat is actually a tricky thing to do.

You need to take much into account. Consider where it is, what the menu is like, who will be eating there, do you have special dietary requirements, do they meet those requirements, reviews, and so much more.

Of course, food and hygiene ratings are important too, as you do not want to get sick from a meal either.

What Should You Consider?

So, you’re looking to pick a restaurant to eat at, what should you be thinking about? Well, there are a multitude of things you should consider. But, instead of listing everything down, we have picked the 5 most important things you should consider.

Let’s get started.

#1. What Is The Menu Like?

Firstly you need to think about the food. What do you have a hankering for? When we eat out, we want to eat well. The quality of the food, the type of food it is, and the menus they offer.

A generic menu alone is not enough these days, a good restaurant should have a standard menu, a vegan/ veggie menu, children’s menu, and such at bare minimum. Some places will have a lunch menu.

A menu should also symbolise which food is okay for each diet type.

A restaurant should also be able to give us food that we would be unable to make ourselves, this is all part of treating yourself. The menu should be wide and varied, and offer new tastes, perhaps international foods.

#2. Is The Atmosphere Good?

When we are eating out, we will often be there for a while, so we want to ensure that we will be comfortable there. By this, we mean physical comfort and emotional comfort.

Everything in the eatery should be appealing and enjoyable. The furniture, the lighting, room temperature, audio, and the scenery.

Each detail in a restaurant is part of what makes the meal. If you are eating Italian food, nothing makes it feel quite so good as Italian music, and scenery surrounding you, transporting you to a mini Italy.

If the space is unappealing, unattractive, messy, or uncomfortable, you will not enjoy eating there, and it will put a dampener on your experience.

#3. How Is The Service?

No matter how good a dish is, how it is served is what really takes the cake. Hosts, waiters, and waitresses play a pivotal role in the restaurant scene. In some ways they are more important than the chef.

Table staff who are available and attentive all the time without being disruptive, and being able to hold a conversation makes an experience even better. For them to be capable of serving you with elegance, and careful hospitality is so important.

And, the mood and attentiveness of the staff will say a lot about the establishment as a whole.

#4. Is It Within Your Budget?

Cost is another thing, of course, you want to eat to your budget, if you look at a menu and find the prices a bit exorbitant for your liking then you may be put off. However, if the quality of the food matches the price you will be more attracted to a place.

A place that is serving a burger and a place that is serving authentic international cuisine should not have the same price marker for their foods. You should not be skimping to pay a reasonable price for your meal, and the quality is just as important.

If the food is good, you won’t mind paying a higher price for it.

#5. Is It Recommended?

Recommended places will usually be more appealing to you. If a family member or friend made a recommendation to you, it is wise to heed that. However, we are lucky to have review tools online now.

It is worthwhile to take a look online at restaurant reviews and see what others are saying. You will always get one negative Nelly online, however, you should pay attention to their star rating, and the general consensus around the restaurant.

People will also often post pictures of their meals from restaurants too, and you can take advantage of this, get an idea of the quality of the food vs the price, in some ways you can use recommendations and reviews to confirm our point above.

Always Consider Other Factors Too.

While these 5 factors are the primary things you should consider when you are looking for a good place to eat out, you should not forget to consider other things too.

This means location, opening hours, ease of access and so on.

If you are in one area of a town and a restaurant is on the other side of the town, is it worth travelling all that distance just for some dinner? Opening hours are important too, because not every restaurant is open all the time, and you may find that some places will not be open when you want to eat.

Ease of access is vital too, if you can’t get to it easily, or It’s hard to find, it will just add stress. That is not what dinner is about!

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post 5 Things To Consider When Choosing A Restaurant appeared first on OpenBusinessCouncil Directory.

Born in a family that was imbued with entertainment, Valentina Castellani found a bond with theatre and arts during her early life in Florence, Italy, watching ballet, classic opera, classical music, concerts, theatres, and plays. Pursuing her interests in designing and fine arts at the master’s level in Paris and New York, Valentina was fascinated by the world of art and creativity. After the painful and untimely demise of her husband, she found her ‘moment’, and created Quinn Studios Entertainment.

“Simple gestures in our life can really bend our destiny, shift our way of thinking, and make us see in a different way. We start making courageous choices and look ahead. So, that’s pretty much how I started production”, she recalls in the early moments of the interview with Dinis Guarda.

Taking Dinis on a journey through the rough patches in her life where she had to make bold and courageous choices, Valentina shares that the driving factor for any film is its content. If the idea and story are convincing, no matter what platform or film festival it is screened at.

“It’s the story that has to carry you, not vice versa. You have to find a way where the story is carrying you, where there is a thread, where you are following. Just like Hensel and Gretel with little white stones in the story, you know. Just like Cinderella with a fairy coming and putting on a dress and knowing that at midnight, the dress is gone, you know. So, in my case, this film is leading me. The story of the film is leading me.”

This thrilled Dinis into asking about what prompted her to screen some of the most unconventional films at the festivals. Valentina says that keeping a good portion of the budget for marketing is a smart choice that many young filmmakers fail to make. Adding to this, she also believes in focussing on the story and screening it on the most appropriate platform. This, according to her, makes a huge difference in marking the success of the creation.

“It is a very important thing to calculate the budget for the marketing campaign right away. And then, we have to have honesty. Is this an Oscar film or a more niche film? Where is it going to win? I mean, when we made The Butterfly’s Dream, we knew that this film could run for an Oscar. So, of course, the campaign was all geared towards that way”, she insists.

Despite being an admirer of films and arts, especially in the theatrical arena, Valentina appreciates the facility that digitised platforms offer, even in difficult times like the pandemic. However, she insists that the filmmakers believe in the story and let it guide the platform to screen it.

“You have a story to tell, where it’s going to go depends on how this story is told. I mean, imagine if Charlie Chaplin was dealing and dwelling on marketing changing and dwelling from ‘Oh, the movies are not silent anymore and stuff’, he had a story to tell with the tools of the moment, and he told the story.” She emphasises that if a story is good, it will create its own market by resonating appropriately with the audience.

Among the top influencers, Dinis is sensitive about creativity and arts making a powerful impact on society. He continues this custom to understand the impact films and creativity make on society as a whole. Valentina beautifully describes the role of digital tools in enhancing the humanitarian touch of creativity and arts. “We cry at the movie theatres, not because of a special effect, but because we feel an emotion that is close to us. Because we recognise a moment, a momentum, an emotion, a state of being”, she clearly explains.

Finally, concluding a marvellous session where the experts discuss everything from politics to leadership, arts, and creativity, Valentina says, “I would like to encourage people to think in a broader way instead of getting entangled with politics and blockages. With Politics and blockages, we don’t create, there is very little we can do. But, with spirit, with courage, with narrative, with creativity, there are millions of ways that can be expressed, created, found, you know, without being irrational.”

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Creating Quinn Studios Entertainment

Valentina created Quinn Studios Entertainment in 2012 in the loving memory of her husband, Francesco Quinn, son of Oscar-winning actor, Anthony Quinn. The company was created to establish the Quinn legacy in the field of arts, entertainment, and world peace. ‘Life on a Bike’ was the first documentary series filmed for television. It was based on an Italian pro cycling tour, Giro D’Italia, as an ode to his cyclist husband.

A special film, close to her heart, Valentina filmed this masterpiece after her husband, Francesco Quinn’s untimely death in August 2011. Sharing her filming experience, she says, “It was kind of insane. Being there and doing it that way taught me everything as a producer to just break the barrier of thinking. Find another way, think differently, and get out of the box. So, it was a great conquest, and definitely, it did heal me, and the kids, and it was an inspiring moment in understanding that the power of our imagination is way bigger than the power of pain.”

The production house has some very special names to its credit- ‘The Butterfly’s Dream’ (a candidate for Academy Award and Golden Globe 2014, as Best Foreign Movie. Also winner of 13 International Awards), ‘The Square’ (documentary on the Egyptian conflict, winner of Directors Guild Award 2014, Sundance Film Festival 2014, Berlin Film Festival, Dubai Film Festival), ‘One Rock Three Religions’ (Documentary film about Peace in the Middle East, winner of HUMAN RIGHTS AWARD, The US Congress Award Recognition for the film efforts to create dialogue among Countries, Religions, and Ethnicities, the Jury Grand Prix at the Siena International Film Festival, The People Festival in NY as Best Documentary, The Impact DOCS Award), Augie (on the extraordinary life of Augie Nieto, the Steve Jobs of the Fitness Industry), and ‘Wonderful Losers’ (2019 Academy Awards Candidate Best Foreign Film and winners of 11 International Awards).

About citiesabc.com
https://www.citiesabc.com/​​​​​​​​​​​
https://twitter.com/citiesabc__​​​​​​

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available on

Apple Podcasts, Spotify, Google Podcasts, Amazon Music and top podcast directories.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Dinis Guarda Interviews Valentina Castellani, President And Chairman Of Quinn Studios Entertainment And An Award-Winning Film Producer appeared first on OpenBusinessCouncil Directory.

As the technology evolved, the world transitioned smoothly from wired phones to pagers, mobile phones, and smartphones. Similarly, the paradigm has shifted in almost every sector- fashion, retail, gaming, events, and whatnot. The growing interest in technological advancements is gauging society for a phenomenon called the Metaverse that promises to boost every life experience in unimagined ways.

A vision that defines the next chapter in the evolution of the internet, the Metaverse is an immersive digital world that allows its participants to interact and engage in many different ways. The term has been in flux for the past few years. Still, in its infancy, the concept is evolving with the passing of time.

Hype or the reality of the future, the interest in the metaverse continues to grow over time. From gaming to NFTs, real estate, tourism, and shopping, the metaverse buzzword keeps repeating itself with newer and fancier versions everytime.

With ample business opportunity involved with Metaverse, prevalent names in the market like Qualcomm, Nvidia, Epic, HTC, and Apple are entering the space innovatively. As a motive to expand the ingression of Metaverse in our lives, Microsoft planned the acquisition of ActivisionBlizzard for $69 billion. World-building games like Minecraft and Roblox, events like the Fortnite concerts, and platforms like Enjin and Sandbox- all these are efforts to gear up society for a ‘Metaversive’ future.

The role of technology in empowering the Metaverse business

A clear understanding of driving technologies enriches the quest for the metaverse to be ethically uniform and fair for all. In other words, creating an interoperable space that is accessible equally to everyone could prevent the limitation of the conventional internet space- the dominance of biggies.  Now, this quest directs the businesses in an impactful way, aiming for a booming digital economy.

Further, understanding the technology behind the Metaverse also governs the economy of adoption of that technology for the business. For instance, currently, the average cost of an app design in the USA is $48,000, which definitely would increase with its demand. This, therefore, is an imperative parameter to factor in.

What started as a gaming space on the internet has now grown into a massive opportunity for almost every vertical of commerce. The nature of the content, thus, has changed altogether in the vast space. Creating quality content that is immersive for the users would entirely depend on the progress of the technology here.

Here are the five major technologies that are empowering the Metaverse towards a brighter future:

Artificial Intelligence

As of late, AI and automation have been broadly applied to our lives. From arranging business procedures to giving out driving instructions, facial recognition, and so on, AI applications include managing operations like anomaly detection, event correlation, and predictive alerting. This can be made even more accurate with the combined use of Big Data and Machine Learning.

Implementation of AI has spread its influence to the formation of vivid metaverses, enhancing user experiences by creating Metaverse assets like buildings, landscapes, avatars, and character routines. AI could be employed to accelerate the software development process. This could be beneficial to creating complex Metaverse assets even when the resources are limited.

AI could also be used for improving efficiency by employing its capabilities to communicate and comprehend the users. Warning, for example, the user to stay alert while performing difficult tasks. This bridges the real-time users closer to the metaverse environments.

Blockchain

A technology built on strong foundations of security and transparency, blockchain provides a decentralised platform that ensures digital collectability, value transfer, governance, interoperability, and convenient accessibility.

Cryptocurrency, the fungible feature of the blockchain, is the primary way to trade for goods and services inside the Metaverse, ensuring no regulations and interventions in transactions. For instance, Decentraland allows the purchase of virtual property using crypto, MANA.

It is also a way to incentivise the users, especially the ones working within the Metaverse. Additionally, Metaverse supports (and enhances) job and business opportunities. This favours the increasing remote working culture across the globe.

AR and VR

Even though Metaverse does not necessarily depend on these two technologies, they offer an enhanced Metaverse experience to the user. While AR utilises digital visual components and characters to integrate the virtual world with the real one, VR provides more immersive features using 3D modelling techniques. Components like optical projection systems, headsets, sensors, gloves, and display systems.

By creating virtual environments, these technologies mimic real-life situations. Meta (formerly Facebook) invested in Oculus quest (VR headsets) to enter their Metaverse. The app can be accessed using smartphones and does not require a computer system.

“Augmented reality will change the world more than a lot of other technologies. Travelling around to meet people will be much less important when you can stand in a room and chat with a virtual representation of a person that’s so close to reality – it’ll be a whole new level.” –Tim Sweeney, CEO and Co-Founder Epic Games.

The harmonious relationship between AR and VR has successfully created an early model for the Metaverse. With the expansion of technology, a more interactive and experiential Metaverse environment will evolve.

Internet of Things (IoT)

IoT enabled devices can help solve some of the real-world problems effectively in the metaverse. This gives an opportunity to accurately integrate the complex systems over the existing framework of technology. For instance, enhancing the user experience by using the 3D user interface over mobile phones and computers, customised as per users’ interests and preferences.

Thus, IoT can bridge the real world with that of the internet, using sensors and devices as the connecting link. These devices have the capacity to send or collect data naturally. Indoor regulators, clinical devices, facial recognition, voice-actuated speakers, thermostats, and many others provide a wider scope of information. The data, thus, collected would enhance the precision for an advanced representation, for example, altering the function of Metaverse collectibles based on current weather conditions. This ensures a better immersive nature of the space.

Big Data and Data Analytics

Even when data science technologies do not contribute to the development of the Metaverse, the data science process definitely will. Data processes like analytics could be helpful in managing Metaverse-based events, like building a 3D avatar, or a virtual stage. Similarly, data collected (like current trends and events) could be used to forecast using predictive analysis tools and also for decision making.

The “Metaversive” future

Rapid enhancement in technology over the past few decades has manifested the notion that nothing is impossible, even the 3D virtual Universe popularly known as the Metaverse.

“The technology will be so good it will be very hard for people to watch or consume something that has not in some sense been tailored for them.” -Eric Schmidt, Google Chairman.

It is not hard to imagine a highly interactive and interoperable space where the users have immense freedom to get immersed in it. Still, in the very early stages, it is hard to predict the development materialises or the impact it will have on society as a whole. As of now, the audience is yet to witness how this realm unfolds itself for its users.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Top 5 Technologies Powering The Metaverse appeared first on OpenBusinessCouncil Directory.

The world today stands at the conjecture between the real and digital world, ready to welcome the phenomenon called the Metaverse. It is through the blend of the two worlds that humanity is believed to progress to new meaningful heights. A digital twin is an initiative to realise this velocity and provide an entry point to this vast immersive world. This is a secure way to introduce a real-world space that is dimensionally precise into the virtual mirror world of the Metaverse.

IBM’s version of a digital twin is “a virtual representation of an object or system that spans its lifecycle, is updated from real-time data, and uses simulation, machine learning, and reasoning to help decision-making”. In other words, it is a virtual model that is designed in such a manner that reflects an object in the physical world. For instance, the data collected from a packaged food manufacturing unit by various sensors (that measure its performance through parameters like efficiency, input, output, etc.) is applied to create its digital copy (or twin). This virtual model operates in a simulated environment to generate valuable insights about its performance.

The digital twin solution on the Metaverse

Real-world is a complex cluster of spatial elements, coordinating with biotic and abiotic components in a dynamic way. A digital twin, thus, mirrors the real world with similar characteristics, processes, integration, and composition, thereby simulating its capabilities.

A digital twin in IoT seamlessly integrates with data analytics for a plethora of applications- maintenance prediction and fault detection, smart city technologies, intrusive surgery and diagnostics in medical and healthcare, traffic management, viability and efficiency of manufacturing processes, and fault analysis, to name just a few.

Stefano Corazza, head of augmented reality at Adobe says, “We have a very diverse pool of customers, and they are all trying to establish their standard workflow to get to high fidelity digital goods. The one thing they all have in common is the need for the creation of digital twins for all the goods that the brand is representing”.

A Metaverse version consists of multiple digital twins combined to form a composite digital twin technology.

The digital twin economy

According to a report by Grand View Research, the size of the digital twin market is anticipated to reach $86.09 billion by the year 2028. This growth is majorly driven by the use cases under Industrial Revolution 4.0 (4IR). The increasing demand for Industrial IoT solutions, asset health optimisation (and predictive maintenance), large-scale smart city infrastructure, and energy efficiency (and carbon-neutral economy).

For example, Smart cities, alone, are estimated to account for 2 billion sensors and connected infrastructure. This creates an extensive avenue for the development of digital twin technology, creating virtual cities over the Metaverse.

The privacy concerns with digital twins

Privacy concerns always surface where there is personal data in the picture. Behavioural assessments, the successful culmination of training programs, and 360 surveys are all examples where data has empowered digital twin technology. Maintaining transparency with scrutinised accessibility is the key to a healthier Metaverse with ‘twin’ versions.

Other threatening issues that need to be dealt with are- Intellectual Property theft (hacking of the digital twin blueprint), non-compliance of data, and disrupting the integrity of personal information. A digital twin is two-way communication between the physical and the digital world. This means that traditional methods of security are not enough to keep the systems and data safe. Protective measures for hardware and software need to be stepped up, that are customised based on the nature and scale of the application.

In addition, data governance (parameters and policies) ensures the range of privacy levels, strictly based on data management strategy. This dictates the responsibilities during the lifecycle of data- engineering, analytics, and computation. Governance processes like masking, differential privacy, encryption, redaction, and lifecycle management are the avenues to which privacy products can be effectively applied.

A holistic approach based on the needs of the digital twin technology and the principles of the business vertical is the key to securing trust and popularity for a better Metaverse experience.

Our Future with Digital Twins

Clearly, the world is witnessing a fundamental upgrade in the existing operating models. The asset-intensive industry is undergoing a digital reinvention that requires the integration of physical and digital systems- processes, equipment, and facilities. Digital twin technology has become a vital part of this realignment, playing a pivotal role in bringing the Metaverse to reality.

The devotion of exponential cognitive power to the digital twin technology is carving out its limitless future. With new skill sets and learning capabilities, the technology promises to evolve and generate better and more efficient processes.

“The difference that is taking place now, that hasn’t been there in the past, is that we have a platform that obeys the laws of physics and obeys true-to-reality submit scenarios, so it is not just an approximation, it’s not just a representation, but it’s actually something that is true to reality” Richard Kerris, Vice President of the Omniverse at NVIDIA.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Urban Digital Twins Set To Create The First Real-world Metaverse appeared first on OpenBusinessCouncil Directory.