New smart city blueprint should bring us revolutionary change
A special feature of The Economist in December pointed out that Hong Kong and the other three Asian tigers (South Korea, Singapore, and Taiwan), which had created economic miracles from the 1960s to 1990s, are all facing development bottleneck today, and each of them has to find a way forward.
Japan e-payments: Opportunities and challenges
The Olympic organizing committee expects over half a million tourists from mainland China to come for the Tokyo Olympics in July next year. This will lead to a problem: How can Japan, a country that features mostly cash transactions cope with the demand for electronic payment (“e-payment") from a large number of Chinese tourists?
Maintaining a unicorn: how to not crash and burn your startup
Tink Labs and WeWork: unicorns gone wrong
Governments all over the world have been promoting startup culture in recent years, and Hong Kong is no exception. Startups of innovative technologies are seen as drivers to the new economy. However, there were two unicorn (valued at US$10 billion or over HK$ 7.8 billion) failures this year; one originating in Hong Kong and the other in the United States. There are a number of lessons we can learn from these unsuccessful projects.
How location tech enhances understanding of complex issues
It is estimated that nearly 18 billion internet-enabled smart devices (including mobile phones, smart bracelets and home appliances) and sensors had been connected last year, and at the end of this year, the number will reach 20 billion. To make the sense of the data, we need to link them together with their locations using geographic information system (GIS), a digital map technology. By analyzing location data, we can create more understanding, collaboration and systematic action for everyone in the globe.
