Irving Wladawsky-Berger: The Evolution toward a Global Digital Money Ecosystem

I recently read an excellent article, 2012: The Year in Payments - A Look Back At The News And The Noise In Payments by Karen Webster, CEO of Market Platform Dynamics and founder of PYMNTS.com.  In the article, Webster reviews some of the major developments in digital payments over the last year, and gives her opinion of what is likely to happen in 2013 and beyond.  Beyond her detailed reviews and predictions, the article is a very well written overview of the evolution toward a digital money economy, including the major advances already underway as well as the huge challenges that still lie ahead. 

For several years now I’ve been convinced that the development of a global digital money ecosystem is among the most exciting and important societal challenges in the coming decades.  It’s right up there, in my opinion, with other technology-based transformational innovations, including electricity, the telephone, radio and TV, and the Internet and World Wide Web.

Where are we in digital payments?  Webster believes that 2012 will be viewed in the payments history books as a very good year.  “Payments innovation fueled by the IP-enablement of devices used by consumers and merchants to interact drove payments innovation into high gear.  Players large and small flooded the market with new applications, new business models, and new approaches to transforming the shopping experience.”

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When considering the consequences of peak oil, no everyday experiences and only few historical parallels are at hand. It is therefore difficult to imagine how significant the effects of being gradually deprived of one of our civilization’s most important energy sources will be. Psychological barriers cause indisputable facts to be blanked out and lead to almost instinctively refusing to look into this difficult subject in detail. Peak oil, however, is unavoidable.

~ A quote from the recently translated Peak Oil analysis written by the German Military (via ASPO)

(Image credit: Johns Hopkins Public Health)

A great example of the power of data visualization, and a sobering reminder of how big a whole we have to dig our way out of — Smarter Planet Tumblr team

From the feature story: Unemployment, Inc.: Six reasons why America can’t create jobs.

csmonitor:

A great example of the power of data visualization, and a sobering reminder of how big a whole we have to dig our way out of — Smarter Planet Tumblr team

From the feature story: Unemployment, Inc.: Six reasons why America can’t create jobs.

csmonitor:

The Cost of Building a Green Economy? Two Percent of the World’s GDP | Fast Company
A recent UN report boasts that with just a 2% investment of global GDP,  which equates to about $1.3 trillion a year, we could create a  sustainable green economy. The study states investment would be directed  in “agriculture, buildings, energy, fisheries, forests, manufacturing,  tourism, transport, water and waste management.”

The Cost of Building a Green Economy? Two Percent of the World’s GDP | Fast Company

A recent UN report boasts that with just a 2% investment of global GDP, which equates to about $1.3 trillion a year, we could create a sustainable green economy. The study states investment would be directed in “agriculture, buildings, energy, fisheries, forests, manufacturing, tourism, transport, water and waste management.”

Smarter Education
Cloud computing, virtualization and other advances in education technology can make our school and higher ed systems smarter (via IBM Education Technology)

Smarter Education
Cloud computing, virtualization and other advances in education technology can make our school and higher ed systems smarter (via IBM Education Technology)