Can governments change their business model into a digital one?

18

October

2022

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First of all, the question arises whether a government has a business model, because in theory, a business model is the way an organization/company derives value and creates value for itself and for others. On the one hand, a government is there to guide transaction occurring in society and also implement/enforce rules. On the other hand, using this definition, I do think it is fair to state that a government and its institutions have some kind of business model. But, their goals are different than those of a revenue-driven company. As stated by the OECD, governments end goal is to eventually create value for citizens of that town, city or country and all their actions need to be for the “greater good.” Recent years have shown how governments have started focusing on integrating and implementing digital technologies in their day to day processes to increase efficiency. So far, the government has passed through three phases: analogue government, e-government and digital government. E-government falls directly in line with digitization by making service online and using information and communication technologies (OECD, 2019). Whereas the digital government takes it a step further and has begun using big data to improve certain decisions being made and also to transform the design and implementation process of public policies and services (OECD, 2019).

Their next innovation is looking at AI. A couple of guidelines have been set up to make sure that the adoption and implementation of AI will not become a cost to society but rather a benefit. What surprised me, and I know it shouldn’t have, is that the use of AI and benefits are almost exactly the same to those experienced by the firm. The systems should achieve efficiency, enable interoperability and also enhance decision making due to all the data being used. The steps taken to achieve this are also almost exactly the same: government acting as a platform, the public sector generating data, enhancing digital capability and literacy and setting up a strong technology with complementary infrastructure (OECD, 2019). I think this is interesting to see how digital business models and overall digital technologies are making their way into various sectors that also have aim to serve different end-goals through implementing these.

and VR, governmental institutions are able to perform simulations and scenarios enabling training for certain scenarios (Lcollen, 2020). Such simulations are also the reason governments can potentially cut down on costs as they no longer have to physically move somewhere to conduct a training but can conduct it online. I wonder whether this shift will also impact national armies and their trainings or whether national security groups will also experience a dramatic shift in the way they learn.

Bibliography:

Lcollen. (2020, October 21). Learning from the government’s successful use of emerging technologies. Partnership for Public Service. Retrieved October 18, 2022, from https://ourpublicservice.org/blog/learning-from-the-governments-successful-use-of-emerging-technologies/

Ubaldi, B., Le Fevre, E. M., Petrucci, E., & Marchionni, P. (2019). State of the art in the use of emerging technologies in the public sector. OECD Working Papers on Public Governance. https://doi.org/10.1787/932780bc-en

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Wine industry impacted by blockchain and NFTs

12

October

2022

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It is often discussed whether the alcohol industry can be influenced by new emerging techonlogies such as AI or blockchain. It is even often concluded that technology is taboo within the industry since it is one of the oldest product producing industries that seems to have the most straightforward processes. However, through own experience, I know that within the beer industry innovations across the industry are seen in fields like bottling, sourcing of materials but also efficiency processes and how production can be optimized across the entire company. Something I am less familiar with is the impact emerging technology has on the wine industry, a product that requires a time consuming process before the final product is given and efficiency may not necessarily be a goal. After reading the blog post posted on Forbes, I was shocked at how even NFTs are making their way into the industry. Most of us are probably already familiar with the fact that QR codes on bottles can give us insights into the origin of the wine and also the time and process it went through. Or the possibilities that AR gives us by giving similar information that QR codes do. What surprised me is the fact that NFTs can be linked to actual bottles of wine that are safely stored somewhere around the world and can be exchanged through the NFT medium. The NFT can com in the shape of an authentic label of the wine or proves its origins and can be sold as a collectible. If the owner desires to drink the wine he/she can choose to swap the NFT for the bottle, or simply sell the NFT for profit. I think what amazed me the most, seeing as I still don’t have a full grasp of the metaverse and all the possibilities it will create for humankind in the future, is that a professional sommelier created a wine collection of a 1000 bottles that can be stored in the metaverse (AKA BitWine). Furthermore, blockchain is now also being adapted and used to store ledgers about the production processes and the resources used to make the wines. I’m curious to see whether there will be a growing market for an online wine or if blockchain will completely take over the data storage aspect of the wine industry.

https://www.forbes.com/sites/bernardmarr/2022/05/18/the-biggest-technology-trends-in-wine-and-winemaking/?sh=4436c7e24e46

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