Estonia is a small country with a population of just over 1.3 million. Since its separation from the Soviet Union in 1991, the independent nation has been revolutionary in becoming a leader of digital innovation in Europe by allowing entrepreneurs to set up a digital identity without having to visit its country.
Image credit: e-Residency: Estonia
What is e-Residency?
The e-Residency programme was first launched by the Estonian Government on 1 Dec 2014, to create a borderless digital environment and has used more digital signatures than the rest of the EU combined. It has facilitated the growth of virtual businesses by offering trust, transparency, inclusion and legitimacy to establish a truly global digital society. 98% of Estonian’s own an ID card.
Blockchain technology can facilitate trustless consensus across all industries. Amber Magson (Yr12 student) whilst on Work Experience from the Bishop Stortford College decided to look into how Charities can benefit from this technology and Ethereum's Smart Contracts.
Whilst on work experience Year 11 student Emily Bond from the Bishop Stortford College researched the future possibilities of Space technology. She has produced a timely article in light of recent news that the UK Space Agency is giving Highlands and Islands Enterprise £2.5m towards the development of the first UK spaceport to be hosted in Sutherland, Scotland.
Recent reports show that 4 billion people (over half the world's population) are now online, with 250 million joining for the first time in 2017. Whilst on work experience Year 12 student Molly Dorman from Birchwood High School explored the way technology has revolutionised how we now communicate and its global implications.
Microsoft research has highlighted that there is just a 5 year window to ignite STEM passion in UK schoolgirls before interest markedly drops off (between the ages of 16-17). Charlotte Brown from the Bishops Stortford High School is a keen Yr12 Maths student; she has recognised in her studies that girls are significantly underrepresented in STEM, therefore wanted to research why and what is being done to help rectify the situation.
Companies from all industry sectors understand the importance of investment in Artificial Intelligence (AI). It has the potential to transform the way we live and the ability to tackle inherent societal challenges. Whilst on work experience from the Herts and Essex High School, Yr10 student Emily Hollins explored its future impact and opportunities.
Olivia Singh (Yr10 student) from the Herts and Essex High School explored the levels of technological development in Japan and China whilst on work experience, to ascertain which is the emergent superpower competing with the USA.
Despite the slow down of global internet growth, half the population are now online (3.6bn).
Mary Meeker's annual internet trends report is always a highly anticipated slide deck (294 slides) on understanding the tech industry.
TL;DR- Here we share 20 key takeaways from this year's report summarised by Techcrunch.
The full report can be downloaded here
The Rise of a Superpower
Over the past two decades China has successfully transformed itself into a global technology superpower. It now accounts for 20% of total world R&D spending, publishes more academic papers than any country apart from the United States, and is home to the world’s most valuable unicorn.
Amidst China’s technology boom a list of titans have emerged including Tencent, Alibaba, and Baidu. China’s Titans’, although dwarfed by the US Tech Giants in terms of revenue and users, continue to post exceptional growth figures with much potential still to fulfil. In this article, we explore China’s technology ecosystem, the infrastructure and how some of China’s most promising companies compare to those in the US.
Data is a valuable commodity given up far too willingly for convenience when signing up to ‘free’ apps and platforms.
How often do you read the pages and pages of terms and conditions before ticking the ‘I agree’ on these social media sites? A 2017 Deloitte survey of 2,000 US consumers found that over 90% accepted legal terms and conditions without reading them.
This Thursday 8th March, it is International Women’s Day (#IWD) a day focused on celebrating inspirational women and their achievements.
As many of you reading this will know, IWD started over 100 years ago (when some women in the UK also got the vote) yet progress has been frustratingly slow. In 2017 Feminism was apparently 2017’s most looked up word so perhaps we are at an inflection point?
Here we share a link to Business Weekly's latest article: Start-up Spotlight – in association with Invested Investor.
Business Weekly has introduced a new series featuring entrepreneurs involved with the new Invested Investor initiative launched by Alan and Peter Cowley. Invested Investor is designed to increase the success of early stage startups by sharing angel investor and entrepreneur war stories.
In the first of the series, Simon Thorpe, UKBAA Business Angel of the Year in 2016/17, explains via Q & A why he is inspired by Elon Musk and Martha Lane Fox. Simon has an investment portfolio of close to 30 early stage technology companies and has achieved five exits including Swiftkey, CMOS Sensors, VocalIQ and CentraStage.
He has made a career out of his passion for backing aspiring entrepreneurs creating innovative disruptive technologies.