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In a Forbes article to CIO’s, Vijay Gurbaxani, Founding Director of the Center for Digital Transformation and Endowed Professor of Business and Computer Science at the Paul Merage School of Business, UC Irvine states: “with so much uncertainty, it may even pay to accelerate, not just maintain, your investment in automating costly processes.” 

AUTOMATION. Digital Transformation. These words will be shouted by enterprise leaders to the point of nauseam...and this my friends represent opportunity.

All we talk about as a nation is “When will this end?” and “When will we be back to normal?

This is a must-read article to understand the options we have and the difficulty we may face in our crusade as we return to “normal.” For businesses to survive, technology must occupy the front seat.

We are standing at the scarp of the economic effects of the pandemic. To put this in perspective, at the peak of the great recession unemployment was 9.9%, the great depression, 24.9% and now James Bullard, a Fed CEO and 7th most influential economist in the world stated, the unemployment rate may hit 30% and 50% drop in GDP.

When is the best time to harness opportunity? Warren Buffett is famously quoted saying “Simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” On the other side of this event is opportunity, but one needs to prepare NOW - when others are fearful.

Automation requires tools - Blockchain, Distributed Ledger, Artificial Intelligence, Machine Learning and others. That’s what we do!

Let us help you to help the people you serve. It’s time we tame the tsunami of data, turning unstructured into structured and automate processes and workflows. It’s our duty to help future proof the workforce.

This is the time to educate, plan and take massive action. Call us. We can help.

Protect yourself and others. Stay Safe.

Richard Brownstein, CFP®

Founding Member

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Banking/Finance

U.S. Adds Blockchain in COVID-19 Critical Services List

The inclusion of blockchain in COVID-19 critical services reflects the vitality attached to blockchain solutions. Distributed ledger technology has been identified under critical infrastructure services .... Read more

Fintech Firms Say New Tech Could Speed Recovery from COVID-19

Financial technology companies are working to improve behind-the-scenes market functions, such as exchanging securities and making lending decisions, saying the use of new technologies... Read more

Why a Digital Dollar Can’t Be Rushed

This week the concept of a digital dollar hit the headlines as the U.S. Democrats floated the idea of electronically distributing COVID-19 stimulus money to the unbanked... Read more

Insurance

FEMA Advisory Board Proposes Blockchain to Speed ‘Catastrophe Dividend’ Payouts

America’s Federal Emergency Administration Company (FEMA) is contemplating a blockchain registry to velocity up catastrophe aid funds... Read more

Medical

Oracle, IBM Launch Blockchain to Integrate COVID-19 Data from World Health Organization, CDC

Enterprise blockchain startup HACERA initiated a new blockchain platform MiPasa to help with data aggregation and analytics for COVID-19. It partnered with IBM, Oracle and others to make it happen... Read more

Researchers Are Tapping Blockchain Tools in Fight Against Coronavirus

A series of ongoing efforts across universities, medical academia, the private sector and even private citizens are harnessing distributed systems in the fight against COVID-19... Read more

Coronavirus Could be the Tipping Point for Blockchain-powered Telemedicine

The COVID-19 pandemic is speeding adoption of remote doctor visits and telehealth services—many of which are built on blockchain... Read more

New Blockchain System to Track Individuals Not Infected With High-Risk Viruses

The Netherlands-based Public Health Blockchain Consortium (PHBC) has announced the release of a blockchain-based system designed to track the movement ... Read more

Blockchain and Coronavirus: Could it Prevent Future Pandemics?

The sudden emergence and rapid but uncontrolled worldwide spread of the Corona virus shows us the failure of existing healthcare surveillance systems to timely handle ... Read more

Misc

COVID-19 Will Fuel the Next Wave of Innovation

Black swan events, such as economic recessions and pandemics, change the trajectory of governments, economies and businesses — altering the... Read more

World Economic Forum Explores Blockchain Interoperability

Yesterday the World Economic Forum (WEF) published a white paper on blockchain interoperability written in collaboration with Deloitte... Read more

Apple and Google are Launching a Joint COVID-19 Tracing Tool for iOS and Android

Apple and Google’s engineering teams have banded together to create a decentralized contact tracing tool that will help individuals determine whether they have been exposed to someone with COVID-19... Read more

About Alontrus Group

Alontrus Group is transforming invoice reconciliation processes with Distributed Ledger, Blockchain and NextGen technologies in Corporate Finance and Healthcare.

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Alontrus Group

270 Sparta Avenue, Suite 104-334, Sparta
New Jersey 07871 United States

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