What is the blockchain trilemma?

The Blockchain trilemma states that public blockchains sacrifice either decentralization security or scalability in their infrastructure and concludes that a blockchain system can achieve only 2 of the 3 features listed above while sacrificing the 3rd feature e.g. decentralisation and security but sacrifice scalability. A typical example that supports this postulate is bitcoin. While its … Read more

What is a rebase token?

A rebase token is a kind of asset that automatically regulates its circulating supply in reaction to crypto price fluctuations. It uses a rebasing mechanism that adjusts the circulating supply of tokens which are increased or decreased based on price changes. Rebase tokens are highly risky investments and investors should have a proper understanding of the project before investing.

What is the time value of money?

Time value of money means that a sum of money is worth more now than the same sum of money in the future. This is because money can grow only through investing. An investment delayed is an opportunity lost. So Time literally is money. To invest now is to delay gratification. Delayed gratification is basically your ability to … Read more

How we use Visual Thinking approaches in designing e-Government

Traditional approaches to system design don’t work well for complex e-government projects. There tends to be a lot of time and effort spent planning and designing systems based on unvalidated assumptions. There is a tendency to try to do too much and given the sheer size, scope and complexity of government systems, this is a … Read more

Business Model Canvas for Government ICT

Over the last few years we’ve spent time modifying the Business Model Canvas for use in the design and development of government systems. For those of you unfamiliar with the Business Model Canvas it is a strategic management tool that creates a shared language for describing, visualizing and assessing business models. The principles used by the Business Model Canvas provide a useful framework for government ICT projects which are notorious for high rates of failure with reports of 70%-80% rates of failure. However the Business Model Canvas was developed for the needs of business. We have spent several years modifying and battle testing the Government Business Model Canvas for use in the government context.