For many years, The Sustainable Village was a social enterprise leveraging renewable energy and appropriate technology experience in developing countries since 1967. Bringing business and microenterprise models to development and aid efforts, it worked to facilitate multi-sector partnerships and collaboration between NGO’s, government and educational institutions, consultants, commercial and non-profit organizations.
Emerging Industries News
Top 7 Technology Trends in Fintech in 2021
When it comes to Fin Tech, knowing the latest trends will keep you ahead of the game. According to Net Guru: Unlike any other sector during the COVID-19 pandemic, fintech has experienced significant growth. An increasing number of consumers are taking advantage of the solutions offered by fintech due to their ease of use and lower transaction fees. We’re going to take a look at the challenges that the fintech sector will have to face as well as how they’re going to shape the tech trends in 2021 and beyond.According to the Global COVID-19 FinTech Market Rapid Assessment Study, the total number of digital transactions and new customers in the UK and Europe has increased by 17% and 21% respectively, year-on-year. It seems like there is a bright future ahead of fintech companies. Main factors that will shape the fintech technology trends in 2021Let’s take a look at the main challenges that the fintech sector will have to tackle in 2021. COVID-19 and recovery. Without a doubt, the pandemic has put a lot of stress on the financial sector – particularly on banks, which were less prepared for digital operations than agile fintechs. The economic uncertainty brought on by COVID […]
Why We Need Green Technology
As we become more focused on battling climate change, the need for green technology is more apparent. According to Green Journal: Green technology has been around for the past two decades, but it’s recently gaining more popularity as the need to address global warming becomes more urgent. In fact, the green tech and sustainability market was valued at $8.79 billion in 2019, and it is expected to reach $48.36 billion by 2027. That’s a growth rate of 24.3% in a span of 8 years. From electric scooters to using green appliances, green tech has tapped on a range of sectors to help the environment. However, green tech’s growth is not surprising, given that it is the solution to overcoming current environmental challenges, such as global warming, greenhouse gases, and wildlife conservation, among others. Green technology aims to replace materials, processes, or products that harm the environment with solutions that do not disrupt or deplete natural resources. However, do we really need green technology? Doesn’t technology already harm the environment? On the contrary, technology provides solutions when used correctly and properly. So, here are the reasons why we need to implement them more than ever. Reduces carbon emissionsIn the UK alone, […]
A Guide to Marijuana Legalization in the United States
As more states legalize cannabis in some form, it is important to stay up to date on all the latest regulations. Consider this guide. From The Motley Fool: Marijuana use was legal for most of human history until the early 20th century. Between 1916 and 1931, 29 U.S. states banned the use of marijuana. The Marihuana Tax Act of 1937 essentially made cannabis illegal across the U.S. While cannabis remains illegal on the federal level, most U.S. states have legalized the use and sale of medical marijuana, and an increasing number are legalizing the plant for recreational use. Here’s the lowdown on marijuana legalization within the U.S. Marijuana legalization in the U.S.California, which legalized medical marijuana in 1996, was the first state to treat the legalization of marijuana as a state’s right. Now, in 2021, here is the long list of U.S. states, districts, and territories that have legalized either medical or recreational marijuana: AlaskaBoth medical cannabis and recreational marijuana are legal in Alaska. In 1998, the state’s voters passed Measure 8, a ballot initiative to allow the medical use of marijuana. In 2014, Alaska’s voters approved Ballot Measure 2, which legalized recreational marijuana. ArizonaBoth medical and recreational marijuana are […]
What is Medical Technology?
At some point, you have encountered Medical Technology, but have you considered the industry as a whole? Consider this. According to MedTech Europe: Medical technologies are with you all the time From pregnancy tests to ultrasound scans, medical technology is with you from before you are born. If you scratched your knee as a child, you wore a plaster; if your vision blurs, you got glasses. When you are unwell, diagnostics and medical devices help healthcare professionals restore you to good health as quickly as possible. Should you need surgery, medical technologies will ensure you get the care you need in a way that is safe and minimally invasive; if your blood vessels become blocked, stents can help clear the way; if you are seriously ill, an MRI scan can find the cause; if you require monitoring, digital health tools can check your health status and communicate vital data to health professionals. Medical technologies – at every phase of the patient pathway In its many forms, medical technology is beneficial to the health and quality of life. Medtech offers: PreventionDiagnosisMonitoringTreatmentCare Value of Medical Technology Medical technologies can save lives, improve health and contribute to sustainable healthcare. Through innovative devices and […]
What is Fintech? A Quick Definition
New to emerging industries? Then chances are you may not have heard about Fintech. According to BuiltIn: Fintech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes. The term encompasses a rapidly growing industry that serves the interests of both consumers and businesses in multiple ways. From mobile banking and insurance to cryptocurrency and investment apps, fintech has a seemingly endless array of applications. The industry is huge — and will continue to expand for years to come. According to CB Insights, there are “41 VC-backed fintech unicorns worth a combined $154.1B.” One driving factor is that many traditional banks are supporters and adopters of the technology, actively investing in, acquiring or partnering with fintech startups because it is easier to give digitally-minded customers what they want, while also moving the industry forward and staying relevant. How does fintech work?Fintech is not a new industry, it’s just one that has evolved very quickly. Technology has, to some degree, always been part of the financial world, whether it’s the introduction of credit cards in the 1950s or ATMs, electronic trading floors, personal finance apps and […]
What Is Green Tech?
Even though it is one of the more established emerging industries, there is still much to learn about Green Tech. According to Investopedia: Green tech refers to a type of technology that is considered environmentally friendly based on its production process or its supply chain. Green tech—an abbreviation of “green technology”—can also refer to clean energy production, the use of alternative fuels, and technologies that are less harmful to the environment than fossil fuels. Although the market for green technology is relatively young, it has garnered a significant amount of investor interest due to increasing awareness about the impacts of climate change and the depletion of natural resources. KEY TAKEAWAYS Green tech–or green technology–is an umbrella term that describes the use of technology and science to reduce human impacts on the natural environment. Green technology encompasses a wide area of scientific research, including energy, atmospheric science, agriculture, material science, and hydrology.Many green technologies aim to reduce emissions of carbon dioxide and other greenhouse gases in order to prevent climate change.Solar power is one of the most successful green technologies and is now cheaper to deploy than fossil fuels in many countries. Understanding Green Tech Green technology is an umbrella term that […]
5 CRITICAL CANNABIS INDUSTRY TRENDS FOR 2021
The Emerging Canna Tech Industry is always changing and it’s vital to stay on top of industry trends. According to TRYM: MARIJUANA TRENDS TO WATCH FOR IN 2021With each passing year, the cannabis industry matures and continues to grow exponentially. Not only in the size of the market, but also in the methods of production, technology, and cannabis consumer behavior. The cannabis industry has been fighting for legalization for decades. In this article, we’ll review the cannabis industry trends that have emerged in 2020 and that will drive 2021 forward. And we’ll cover current industry statistics underlying these cannabis industry trends. CROP STEERING TAKING INDOOR CULTIVATION BY STORM One thing you can always count on from the cannabis industry is innovation. The hottest trend in indoor cultivation right now is by far Crop Steering, as featured in our recent blog article. This technique has been adapted for cannabis to optimize production yields by manipulating grow conditions and feedings to ‘steer’ plants into vegetative or generative growth. The goal in commercial cannabis production is to maximize yields by optimizing plant growth in each stage. With crop steering, plants are given the opportunity to produce only enough foliage and stems in vegetative […]
The Top 10 Energy Market Trends to Watch in 2021
One emerging industry to watch in 2021 and beyond is the Renewable Energy industry. The Renewable Energy industry generates hundreds of billions of dollars within the economy and is expected to continue to grow quickly as the demand for clean energy sources rises. According to EnergyWatch-Inc.com: What factors are effecting energy demand? Pandemic control measures, speed/amount of economic recovery, effects of government stimulus plans, shifts in travel and trade, changes in U.S. energy imports/exports, production trends for oil and natural gas, and fuel prices. Is global energy demand rising? In developing countries, growing populations, greater access to energy sources, and higher standards of living will ramp up energy usage. This is likely to cause a 20% rise in global energy demand by 2040. What is green hydrogen? Green hydrogen has long been hailed as one of the keys to drastically reducing global CO2 emissions. Green hydrogen is produced by electrolysis powered by renewable energy sources. We can expect to see green hydrogen become cost competitive and play a greater roll in our energy industry. What are 2021 renewable energy trends? Green hydrogen will grow and renewables will rebound as pandemic lockdown measures are lessened. We are nearing the end of […]
Crypto, Cannabis and other Financial Opportunities
Crypto and Cannabis may appear to be nothing more than the latest trends, but there is actually an abundance of financial opportunities within these budding industries. According to Cannabis Tech: Cryptocurrency, Blockchains, Tokens, NFT’s are common buzzwords flying around these days. How is crypto helping move cannabis further into the digital age, and what does it mean for the industry? WHAT ARE BLOCKCHAINS AND CRYPTOCURRENCIES? A blockchain is a method of recording information in a manner that makes it difficult to hack, change or cheat the system. By definition, a blockchain is an immutable digital ledger of transactions which is duplicated and distributed across a network of computer systems residing on the blockchain. Each block in the chain contains multiple transactions. When a new transaction occurs, a record is added to each participant’s ledger. The decentralized database is managed by multiple participants, known as Distributed Ledger Technology (DLT’s), or also known as peers. In layman’s terms, it’s a programmable system based on transparency, security, anonymity, time stamping, and validation. No one person is in charge, making decisions or changes to the system. If one block is changed, it is instantly clear to everyone in the system that the record has been manipulated. […]
How Emerging Industries are Shaping the Future of the Economy
In our ever-changing economy, some are looking toward emerging industries as a gauge for the future. According to Global Trade Magazine: One of the very few silver linings emerging from the coronavirus pandemic affected the job market is, several new job opportunities becoming available to people that are bringing unique qualifications to the market. The expert data analysts working at LinkedIn explored numerous job listings to find out that there is an increased demand for qualified specialists in diverse fields. They saw the exponential growth potential for these industries. 1. Personal protective equipment (PPE) PPE or personal protective equipment is one of the more talked about industries during the COVID-19 pandemic. Demand for PPE has been off the charts and several countries relied on the import of the equipment from other nations such as China. These countries are facing an acute shortage of this critical equipment. In the wake of the devastating damage as a result of COVID-19, there is a sharp call for different hospitals to maintain stockpiles of the PPE in case there is another break out of the crisis in the future. Almost all PPE has an expiry date and therefore a constant supply of this equipment is needed to maintain […]
Investing in Emerging Industries
Have you considered pivoting your business to an emerging industry? Consider this. According to Forbes: In 2012, a video game developer named John Ratcliff got a bitcoin as a gift; it was worth $13 at the time. When he saw the value of bitcoin rising, he invested $15,000 in 150 bitcoins, each worth $100, back in 2013. In January, we saw Bitcoin reach $40,000 per coin. For Ratcliff, understanding where to invest has allowed him to build a $1.4 million house. He also recently put down a large payment for his new Tesla Roadster by selling just six of his bitcoins. Ratcliff and others like him have seen huge profits because they saw early on that cryptocurrency was an emerging industry. They recognized its huge potential and are now cashing in. For many, this is the goal. That leaves us wondering where to invest. What industries are emerging today? What Is An Emerging Industry? According to Investopedia, “An emerging industry is a group of companies in a line of business formed around a new product or idea that is in the early stages of development.” These companies often come about as one technology takes over another, older technology. It’s important to note that stocks of […]