Many Italian companies have yet to understand the value of blockchain, since it is a complicated subject; we are at the beginning of a long path to see this new paradigm working its way into organisations. I mean, a company knows perfectly well what the Internet is and how to exploit it for business. This is not the case, however, for blockchain. There is no lack of interest, but this often stops at the fields of education and experimentation. In the Italian market we have few solutions currently in production.
While cryptocurrencies are undergoing major downturns, frightening those who had approached them recently and probably scaring them away, I am motivated to share some thoughts. I recognise that you have to be a little reckless to invest in cryptocurrencies. There are those who approach them simply to get some short-lived returns and then there are those who, on the other hand, believe in them deeply; I am referring to the blockchain, because behind this concept there is something more than pure speculation. It’s something broader, which goes beyond just the context of technology.
The world of the blockchain is an extraordinary one because it projects you into the future, revolutionising the business models and reference points to which we have been accustomed, but before doing so, encouraging you to have a peek into the past. This is something that must be done, otherwise we cannot understand the potential of blockchain.
Back in 2011, a violent earthquake and devastating tsunami ravaged the north-east coast of Japan, leaving communication lines in tatters.
It was a total blackout: there were no telephones and no messaging.
A few months later, an instant messaging service interrupted the silence. Its name? LINE, an app launched by leading South Korean company Naver.
Some companies may be missing out on opportunities for growth by omitting to explore potential applications of their technology outside their core business areas. This is the stark warning given by professors Federico Frattini and Erwin Danneels in a recent article published in MITSloan Management Review.
Every action, every web search, every movement and every economic transaction we make leaves a trace.
Like modern-day explorers, we move around the world and – without realising – spread clues and signs of who we are, what we like and what we do not. And the level of accuracy is second to none. How much do we spend on sushi a week? How many steps have we done today? Do we prefer wool or cotton? We’ve visited Paris twice in a month – are we considering moving there?
ZZZleepandGo is an innovative start-up launched in 2014 by Nicolas Montonati, Alberto Porzio and Matteo Anthony Destantini, on the basis of a simple business idea with seemingly limitless potential: to install bespoke areas in airports where people can rest, even just for a few hours.
“I have nothing but gratitude towards MIP staff for fostering a heartwarming and highly motivating kick-off, to all my classmates for making me part of this path we are following and building together, to the mystic and beautiful Milan for making me feel at home, and to those events that had lead me to know that I am in the right place, in the right moment.”
How is manufacturing changing? What is the 4th Industrial Revolution and what are the future challenges? These are the main topics that have been discussed at MIP during one of the latest MBA Days, the events organized by the MBA Recruitment Team and dedicated to the next generation of Growingleaders who want to visit the campus and live the experience of the business school.
It is for this very reason that the AMIE – the Advanced Master in Innovation and Entrepreneurship – has been established. The AMIE is MIP’s Master’s course designed for all young people wishing to acquire the skills necessary to enable them to employ the proper attention and preparation to achieve their business goals.