As an Innovation Manager, Dessie Maliaka at HeroX constantly seeks new ways to create value for businesses while ensuring a rapid and positive impact on their sustainability goals. The world is facing critical challenges, and she wants us all to take shared...
Crowdtesting, also known as crowdsourced testing, is a modern approach to software testing that leverages a diverse and distributed group of individuals, known as the "crowd," to perform testing activities. Unlike traditional testing methods that rely on dedicated...
NFTs are unique and indivisible digital assets, making them ideal for representing one-of-a-kind items such as art, music, and collectibles. Whilst each NFT is unique, an NFT can also verify part-ownership of an item or asset. Company stocks and shares, and real...
Crowdfunding can be a powerful tool for independent filmmakers to raise funds for their next project, while at the same time also doubling up as a marketing exercise to build an audience and generate a buzz. Both Indiegogo and Kickstarter are international...
Using AI for training data unlocks a powerful tool that can enable organizations to make better decisions, improve efficiency, and enhance customer experiences. When properly implemented, AI can be used to power intelligent technology, helping organizations to gain...
In today's fast-paced world, online payments have become an essential part of our daily lives. The convenience and speed of digital payments have made them a preferred method for most consumers. However, with the increasing number of online transactions, as well as...
This article takes a look at how crowdsourcing is revolutionising the way programmers and coders and data scientists are used to help organisations complete tasks. From accessing a wider talent pool to reducing costs and boosting innovation, learn how platforms like...
Crowdsourcing is a technique that makes AI smarter by allowing organisations and individuals to gather information, often large amounts of data and annotation, from a large number of people and other sources. Typically, this is done through the internet. The data can...
Crowdtesting is a method of gathering feedback and testing products or services by utilizing a large group of testers, often referred to as a "crowd." These testers can be sourced from a variety of sources such as online communities, marketplaces, or through social...
Donations crowdfunding has already made a significant impact on the way people support charitable causes. Driven by social media and online platforms, it allows individuals and organizations to access a wider audience of potential donors and has made it easier for...
What ethical considerations should businesses keep in mind when using crowdsourcing? Much is written about the benefits of crowdsourcing for businesses. They include access to people with specialist skills at only the times they are needed, and indeed any extra pairs...
The strategic importance of AI technology is growing exponentially across industries and shows no signs of slowing down. Many businesses are exploring and investing in new solutions to stay competitive in the age of AI — from banking using AI to crunch big data, to...
The various ways that crowdsourcing can be used for the benefit of organisations in an ever wider range of industries and service sectors continues to grow. The number of platforms that can provide guidance, the number of organisations that have used crowdsourcing,...
It was an article published by the Harvard Business Review that stated: “In practice, most crowdsourcing initiatives end up with an overwhelming amount of useless ideas.” Everyone’s entitled to their own opinion, though we thought we’d outline some of the top...
The meteoric rise of ChatGPT has taken the tech world by storm. It has thrown a spotlight on the whole generative AI sector, and disrupted the creator economy. Let's just be clear what we mean by the Creator Economy: it refers to the business of supporting and...
Prize challenges have become increasingly popular as a way to spur innovation and solve complex problems in various industries, including technology, healthcare, environment, and social impact. In the future, organisations may use more data and analysis to design...
Crowdsourcing can be a useful way for training AI and deep learning models by harnessing the collective intelligence and abilities of a large group of people. The general idea is to outsource tasks that would otherwise be performed by a small group of experts to a...
Crowdsourcing in Web3 refers to the decentralised process of obtaining goods or services from a large, undefined group of people via the internet, rather than from traditional employees or suppliers. The role of crowdsourcing in Web3 is to empower individuals and...
Crowdsourcing supports entrepreneurs by helping them to be more efficient, effective and successful in developing and growing their businesses. It supports entrepreneurship in several valuable ways, including validating and improving an initial idea, generating...
Our theme for 2023 is the Creator Economy, and how it sits in the context of Crowds, Collaboration, Communities and Connectors. The start point for this is that millions of ordinary people take advantage of opportunities to create the content that we consume online....
Crowdsourcing has been used in the development of the Internet of Things (IoT) in a variety of ways, including gathering data, testing and improving products, and generating new ideas. Some examples of big companies that have used crowdsourcing in the development of...
Few people in developed economies remain untouched by the gig economy. Whether that’s directly through working in it (like 3 in 20 of UK working adults), receiving deliveries at home, taking an Uber or something similar, or working with an outsourced service provider....
The issues associated with central bank digital currencies, for good or for worse, are far from a universal one-size-fits all. Different central banks, and their national governments, have a range of different priorities of what they want CBDCs to resolve. The needs...
The higher the returns anyone wants from making an investment, the more uncertainty (or risk) they need to expose their money to. This is certainly true in crowdfunding. This article looks at the risks and returns involved in reward, debt and equity crowdfunding, with...