Insights

Despite its centrality to the functioning of society, the technology that governs contracts, transactions, and record keeping has not kept up with the digital transformation of the economy. Blockchain, however, has the potential to change all that – that is, if it can overcome multiple barriers to adoption. In this article for HBR, DI professors Marco Iansiti and Karim Lakhani share what it would really take for blockchain to become the revolutionary technology everyone hopes it will be.

With a finance empire spanning mobile/online payments, wealth management, digital-first banking, credit scoring, and yes, cryptocurrencies, Ant Financial is one of the most influential fintech companies in the world. This case from DI professor Feng Zhu on how Ant Financial has managed its growth strategy is a must-read for anyone seeking to understand the current state of fintech innovation today.

Cryptocurrency certainly has its appeal. The lack of middle men or local regulatory bodies make it an efficient transaction method, and many in the finance industry now see digital currencies as the natural and unavoidable future. But is the new technology worth the hype? Professor emeritus James Haskett takes a look back at the meteoric rise of another trend in finance – hedge funds – and determines that the answer is ‘maybe’.

In a way, 2017 was the year of the ICO. 2017 saw over 700 initial coin offerings will almost $5 billion raised according to ICO Data (compared with less than $1 billion in 2016). It is no surprise then that this fundraising phenomenon has left the finance world and VC firms in particular with a lot to talk about. This article from Harvard Business Review highlights some of the advantages and disadvantages of this disruptive new fundraising tactic.

New tech-heavy financial firms are helping millennials invest, but with a twist. They are swapping out investment advisers for financial robots, and passing along the savings. Luis Viceira explains the rise of “fintech” in a new case study.

In this interview from the Social Enterprise Initiative’s “Impact Insights,” HBS Professor Kash Rangan and co-founder of the HBS Social Enterprise Initiative, discussed the new HBS research initiative called “Impact Co-Laboratory”.

On November 29th, 2017 the Digital Seminar series hosted Peter Cowhey from the School of Global Policy & Strategy at the University of California, San Diego and Jonathan Aronson from the Annenberg School of Communication & Journalism at the University of Southern California.

What are some of the ways that pioneering companies are redefining the relationship with their customers in the digital age? By keeping in mind the importance of such strategies as using the right digital channels, adding value to your customers, and staying flexible to the emergence of new technologies. This article from HBR provides salient insights into how retailers can develop a similarly effective digital strategy as they navigate a rapidly changing industry.

HBS Assistant Professor Kris Johnson Ferreira partnered with Rue La La to help the online flash sale company improve their pricing structure. So what exactly can machine learning and data analytics do for a fashion retailer? Just take a look at the bottom line to see the answer.

HBS alum Charles Gorra explains how Rebag successfully built a secondary market for luxury handbags and describes the forces that are changing modern shopping habits.