Futurelab Ventures

The rate of change is not just accelerating,

Humanity is facing something very new.... discontinuous change.

Is your firm prepared for this new frontier?

In the near future, humanity will undergo massive discontinuous change as three new technologies are globally deployed and begin to converge: artificial intelligence, blockchains and most importantly, quantum computing. 

This is different from the “normal” exponential change we’ve been experiencing for the last few decades, based on Moore’s Law which has doubled computing speed every 18 months. Quantum computers can tackle complex problems that are currently impossible today, or that would take an impossibly long time to solve: In one experiment, a single quantum computer solving an optimization problem bested 1 million computers at Google by a factor of 100. That’s 100,000,000 times faster overnight, which is a lot more than doubling steadily every 18 months. And when quantum computing impacts machine learning, we’ll see a positive feedback, increasing returns cycle that will accelerate both.

Quantum algorithms could slice through Internet encryption like butter, to make the worst case scenario of Y2K look like a picnic. They will bring humanity new medicines, new catalysts, new business models, new industries. However, companies with proven quantum algorithms that strengthen their core business model will enjoy a significant advantage in exploiting this next “mother of all frontiers” — like a ship that sails the edge of a perfect storm, to slingshot past its competition.

FutureLab Ventures is focused on opportunities generated by discontinuous change.

Innovation is a complex problem, a problem of uncertainty, risk, and creativity. In today’s business environment, companies assume a predictable future, but this is about to shift into something new, accelerating the evolution of humanity. But it is possible to manage discontinuous change. For example, FutureLab is working on next generation hybrid quantum computing solutions that are deployable today, offering significant computational advantages, and using the same code set that will support quantum annealing and other emergent technologies in the future. This means the ability to pre-test quantum algorithms, validate new models, and generate incremental revenues on the way to the quantum future.

FutureLab operates an incubator that is focused on this type of approach – it's a laboratory for experimenting with mindset, strategies and technologies like hybrid quantum computing. Our goal is to bring together innovation, strategy, community, technology, and investment – that will power the transformation of society in the 21st century.

Our team of Silicon Valley veterans has the combined experience of more than 100 years of success on the leading edge of business design and execution, and we offer a unique set of services that are focused on only one objective: to help your organization plan and master discontinuous change.

If you’d like to find out more, let's talk.

Contact FutureLab Ventures now:

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This privacy notice discloses the privacy practices for www.futurelabconsulting.com. This privacy notice applies solely to information collected by this website. It will notify you of the following:

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GDPR Compliance

Furthermore, you have rights under Articles 13 and 14 of the European General Data Protection Regulation (GDPR), which can be reviewed below. FutureLab Consulting will fully respect your rights regarding the processing of your personal data, and has provided below the details of the person to contact if you have any concerns or questions regarding how we process your data, or if you wish to exercise any rights you have under the GDPR.

You have the following rights:

  1. The right to be informed; This means anyone processing your personal data must make clear what they are processing, why, and who else the data may be passed to.
  2. The right of access; this is your right to see what data is held about you.
  3. The right to rectification; the right to have your data corrected or amended if what is held is incorrect in some way.
  4. The right to erasure; under certain circumstances you can ask for your personal data to be deleted. This is also called ‘the Right to be Forgotten’. 
  5. The right to restrict processing; this gives the Data Subject the right to ask for a temporary halt to processing of personal data.
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The identity and contact detail for the Data Protection Officer within FutureLab Consulting is:

  • Moses Ma, Managing Partner, who can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

Computational Currency

Today, new technologies are dramatically changing the way we earn, use, spend and save money. New technologies for payment and financial services will continue to transform the way we distribute goods throughout society and the way we finance every facet of life. The current revolution in monetary systems is actually the third stage in the long evolution of money and financial systems.

The first generation began with the invention of coins, which led to the creation of the marketplace. The second generation was driven by the adoption of paper money which led to the creation of the entire modern banking system and the modern world. The invention of banking and the paper money system destroyed feudalism, changed the basis of organization from heredity to moneyed wealth, and it changed the basis of economic power from owning land to owning stocks, bonds, and companies.

In the silent realms of cyberspace, money is now being reinvented as a free-floating force that can appear instantaneously anywhere in the world in any amount. No longer tethered to any government or country, this entirely new form of money is emerging in a plethora of new forms. The new electronic money is pure energy and has the power to change the world yet again. It will transform the way we distribute goods and the way we finance every facet of life. If the last two monetary revolutions tell us anything, this third revolution in money will eventually rearrange the political map of the world and create whole new local and global entities that are difficult to imagine today.

As we lurch our way into the twenty-first century, it becomes clear that production no longer controls the economy the way it had in preceding centuries. The owners of the means of production have transformed from individuals and families, to companies controlled by millions of shareholders. In the emerging system, power flows under the control of a new class of financiers who only need to direct or know about massive amounts of money and information through brokerage houses and banks, in order to impact the world. They do not need to physically control or move spices and silks, or missiles and music files. The future lies in managing information and controlling the value, of new forms of money.

What's Coming is a New Kind of Cryptocurrency

Over the past few centuries, governments have diligently tried to provide stability by regulating their currency or by controlling the banks that regulated it. However, national currencies are slowly losing their importance, and we are now facing the emergence of an entirely new system of money that requires novel and adaptive forms of regulation, that do not impede the speed of innovation nor efficiency of the real-time business. We are now entering a transitional period in which there will be many competing types of money, both fiat and crypto, with no single one currency dominating. We now have multiple streams of intertwined systems of money. But there are both great benefits and dangers inherent in this brave new crypto-economy.

This is money liberated, unhampered by the control of the state, but at the same time, unable to seek its protection. I call this new form of money, evolving from cryptocurrency and integrating artificial intelligence… computational currency. In the new global economy that is now emerging, the power of computational currency and the institutions built on it could possibly supersede that of nations.

This white paper starts with a historical background, and ends with ten predictions about the future of money.

Get the Computational Currency Blockchain White Paper.
Read it.
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This white paper should be compelling to you if you are interested in innovation, innovation software, innovation training, innovation management, product management, technology management, global innovation management, strategic management of innovation, innovation workshops, innovation consulting, creativity, business creativity, ideation, brainstorming.
 

© 2014 FutureLab. All rights reserved.

Blockchain Design Sprint

A new digital gold rush is now underway. The blockchain revolution has begun, and it leverages a fresh, inspiring, multifaceted new world of digital ledgers, consensus computing and decentralization that promises to further disrupt the global economy. The blockchain is a tool for disrupting business models, and as the blockchain revolution grows it promises to disrupt nearly every business, including yours. So how can you master the blockchain in a fast and effective way?

This two and a half day accelerated, immersive design session enables you to fully understand how blockchains work by getting hands on experience by designing and deploying an actual blockchain. Based on a very practical, hand-on learning approach, this is a “learning by doing” experience that leverages the powerful design sprint method used by Silicon Valley companies like Google and Nest.

Our version of the Agile Innovation design sprint is a six step process: Understand | Diverge | Converge | Prototype | Validate | Innospective

The workshop is a powerful, results-oriented program with many immersive activities, self-assessment, and a focus on rapid learning with practical application. You’ll get to build a running blockchain pilot too!

  • Rapidly master the core concepts of decentralized thinking, and fully understand the massive disruptive potential of the blockchain
  • Use the design sprint process to effectively design, prototype, and validate interactive pilots of your blockchain ideas
  • Exercises for breaking out of “constrained thinking” to insure deep creativity on Day 1
  • Understand the differences between first, second and third generation blockchain applications
  • Learn how to invent radically new business models based on blockchains
  • Participate in a special exercise about ICOs, the newest fundraising technique

The entire sprint may be a process that lasts a week, or a few weeks, and by rigorously following the six stages it enables us to not only produce outstanding results, but to simultaneously build our capacity to do even better next time, because we are intentionally learning how to do it better through a focused effort of reflection and discussion.

Find out more by downloading our BLOCKCHAIN DESIGN SPRINT brochure.

Or buy the book at Amazon!

Blockchain Revolution

Are you ready for the blockchain?

Today, there is a new wave of innovation driven by the web and open source software that promises to change everything all over again. The technology is called “blockchain” or a "distributed ledger" and could serve as the basis of a public ledger system that makes transactions unrepudiated, irreversible and secure. It is the underlying technology behind cryptocurrencies such as Bitcoin. 

The use of the blockchain in financial services has taken off, with firms like Citibank, NASDAQ and Goldman Sachs all investing in the blockchain future. Plus, a plethora of venture funds have been announced, which focus on blockchain startups and technologies. While applications of blockchain technology in the financial services industry are promising, our goal has been to help our clients find emerging arenas that could clearly demonstrate the benefits of distributed ledgers in ways that are foundational for societal advancement and economic growth. Thus, we have sought ‘blue ocean’ opportunities characterized by exponential innovation and integrate artificial intelligence and machine learning capabilities to elevate blockchain functionality to a new level.

And so, our vision is help you build what we call a “third generation” distributed blockchain applications. 

The FutureLab Blockchain Lab can help you develop strategic blockchain capabilities and proof-of-concepts:

  • Fast Start:  We offer ‘startup as a service’ solutions so you can learn fast and hit the market rapidly
  • Scalability:  Our approach provides you with both immutability as well as global scalability
  • Next Generation:  Our solutions are simply more advanced than what's out there, in terms of usability and functionality

We combine leading edge technology co-creation services, combined with a world class systematic innovation process, to provide your enterprise with a critical new capacity that will transform how you see the world.

Contact us directly to find out more: CONTACT 

Also, you might find this article about the structure of the blockchain revolution interesting: Moses' blog at Psychology Today