As posted on WWD on April 6, 2018. Written by Adriana Lee and Evan Clark. (Link to original article.)
After 20 years at the pinnacle of consumer culture, technology itself is facing a crisis of confidence that is much deeper and more complex than any of its prior setbacks and data privacy snafus.
Technology’s issues have become more numerous and varied, encompassing not just a single industry, but a pillar of modern life.
* Facebook’s been scandalized by how its data was used to inappropriately target voters.
* Hackers regularly attack from the shadows, most recently breaking into the data…
If you looked at Asian e-commerce giant Alibaba and said that it got to be the largest business in China without the collusion of the Chinese Government, you might be laughed out of whatever room you were in.
Similarly, when discussing Amazon, it would be impossible not to claim that the domestic e-commerce monster got where it did today without the officially sanctioned collusion of the American government, and that’s exactly what I’m here to do.
The problem with an all-knowing, all-selling monopoly like Amazon is that it not only kills innovation and small businesses, but it also encourages corruption…
As posted on Adweek on April 9, 2018. Written by Ann-Marie Alcántara. (Link to original article.)
Thanks to the ever-growing list of data breaches across retail companies and Facebook’s privacy crisis with data firm Cambridge Analytica, data and privacy issues are at the top of people’s minds both in and out of the retail industry. It’s a looming and necessary concern, especially as the European Union’s General Data Protection Regulation, or GDPR, is set to go into effect in May.
Data Privacy is paramount; breaches, hacks and identity theft are just some of the risks we are all exposed to. The internet put the world at our fingertips.
Want to know something? Google it. Want to buy something? Order it online. But with this freedom has come risk. To sign up for brand accounts or make a purchase we have to share our data. Social Media accounts gather user data from the minute they create an account. Our friends, posts, preferences, likes, reshares and subgroups all tell the platform a story about who you are. …
As blockchain founders, we owe it to our industry to shed any practice that provides even the hint of impropriety. If we don’t, it will lead to the eventual destruction of our community.
This is why my token project, EVERY, is deleting Telegram. Let’s rewind one year to explain how we got here.
When we started gaining traction with EVERY, Telegram activity was considered a good measure of a project’s expected success during a Token Sale or dApp launch. Active participation in Telegram indicated the markets interest in a project.
After having spent time in the blockchain community, I’ve not…
excerpt from WWD.com full article below, full article here;
A newer breed of startup has begun to take hold to address data privacy through blockchain technology, and they’re getting plenty of attention in the financial, healthcare and retail sectors. Groups like Hypr, Token and Shop believe that decentralizing data, so there is no single repository or overseeing organization, is key to safeguarding people’s information. The premise appeals to players of all sizes, including payment giants like MasterCard, which has been linking up with blockchain companies, and even Zuckerberg himself.
By John Wantz, CEO, EVERY*
The polls and surveys are in: people do not trust large internet companies. In a recent report by Politico and Morning Consult, only 39% of Americans said they trusted Google, while 31% trust Facebook, and a mere 21% trust Twitter.
This is particularly startling when you consider that the platforms these companies operate are staples of daily life used every day by billions of people: Google search, Gmail, Android, Facebook, Instagram, WhatsApp, Twitter, Periscope, and more.
So how do we combat this trend? How can new companies build trust and protect their users’ privacy? …
It’s a buzzword we all hear every day, but blockchain is much more than a fad. The technology — which provides the foundation of cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more — has the potential to transform the retail landscape, from inventory management and payments, to financing, insurance, supply chain management, and more.
Here are four ways that blockchain can directly benefit merchants involved in online commerce.
A recent Barilliance study found that 3 out of 4 Shoppers do not purchase items that they put into their carts. This is obviously a huge loss of revenue for eCommerce…
Originally published at medium.com on March 28, 2018.
EVERY* CEO, John Wantz, was featured on 2X eCommerce’s podcast hosted by Kunle Campbell. Listen to John share his thoughts on blockchain, tokenized retail, and the value of EVERY for Brands and Shoppers.
SHOP is now EVERY* (Every instance of SHOP including the title has been changed for brand equity)
This article was originally featured on Sourcing Journal on March 22, 2018. Written by Jessica Binns. (Link to original article.) SHOP is now EVERY* (Every instance of SHOP including the title has been changed for brand equity)
John Wantz thinks blockchain can create better relationships between brands and consumers.
Back in 2011, the serial entrepreneur co-founded Comr.se, a commerce-centered API for social networks, mobile and marketplaces. After a failed attempt to sell the startup to Target, Wantz joined the big-box chain’s innovation team and worked for a year on its secretive Project Goldfish initiative. When Target shut down Project Goldfish…