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MarketOrders News

MEET THE MARKETORDERS TEAM – KRYSTIAN OZOG, Chief Customer Care Officer

Have you ever wondered who is behind MarketOrders’ success?

At MarketOrders, we believe that the team is critical to a company’s success, which is why we’ve decided to highlight our fantastic talents in this series of blog articles. 

Today, you’ll find out more about Krystian Ozog, Chief Customer Care Officer, who’s been part of the team since the very beginning of MarketOrders. 

International background

Krys was born and raised in Poland, where his core education took place. 

In 2005, he moved to the UK and started working in construction while pursuing his passion for martial arts at GMMA Academy.

In 2013, Krys decided to focus on becoming a professional fighter and started working for a few digital startups run by Ram Krishnna, his martial arts coach and now CEO of MarketOrders. He also became Managing Director of non profit organisation called “British Sports Youth Trust” as well as Trustee and Volunteer for a number of other charities and community organisations.

His hard work and determination lead him to being a World Champion as well as an asset and an inspiration for MarketOrders.

His MarketOrders journey

As a Chief Customer Care Officer, Krys takes care of the products’ journey as well as MarketOrders customers. He ensures the quality of the products is top level and that they are being delivered directly to our customers safely, securely and on time.

He said: “I make sure that our customers are happy with both the products and our services. I also learn from them, adapt our services to their needs and always look for new ways to improve MarketOrders offering.”

Krys is a strong believer that new technologies have the power to change lives; he gave us his opinion on blockchain technology: “I am amazed and very excited about blockchain technology. I think it is a ground breaking technology that is already changing the world. It is a perfect fit for many industries, especially gold and diamond jewellery. It makes our revolutionary platform even safer and more secure and transparent.”

Part of the team since the very beginning, Krys has evolved and seen evolving MarketOrders through its startup journey, from a concept to an award winning business: “ 

Being a part of MarketOrders from the beginning has been a lifetime experience.

“I have been taking part in all possible operations at different stages of the development.

We’ve got some amazing professionals joining the team for the last couple of years. I think the team effort, enthusiasm and cooperation during our Crowdfunding campaign has built up the team spirit and is the most memorable event to date.”

An endless ambition

Krys is passionate about people, team work skills, work ethic, and attention to details, which he has built through sports and professional experience. He is also open minded and always looking for ways to improve himself and his work. What makes him feel happy is to jump into the unknown and support all kinds of operations that make him challenge himself and grow.

If he’s already reached to top in his sport career, Krys has ambition for this professional career and charity engagement too! Here is where he sees himself in 5 years: “In 5 years time I see myself help developing MarketOrders branches worldwide and help impacting other industries through the use of our technology. 

I see myself taking our GMMA Academy and non for profit organisation British Sports Youth Trust to another levels, opening our own gyms, training, inspiring and helping multiple people who will also join our quest.”

Co-Founders’ opinion

Sukhi Jutla, Co-Founder & COO: “Krys is a core team member having been with us from the start. He has a great can-do entrepreneurial attitude and always finds a way forward. He is an asset to the team and the company.”

Ram Krishnna, Co-Founder & CEO: “Krys is a very dedicated and passionate MarketOrders team member as well as a the greatest martial artist I ever trained. I have known Krys for over 10 years and he is a very hard working man and always looking to learn new things. He is curious, courageous and committed to deliver excellence.

If there is any other words more powerful to replace what I have said then I would replace it with that words. He is certainly an irreplaceable definite asset for me personally, and MarketOrders.”

Krys’ favourite quote

“It takes generosity to discover the whole through others. If you realize you are only a violin, you can open yourself to the world by playing your role in the concert.” Jacques Cousteau.

To get in touch with Krys, add him on LinkedIn now.

Get to know the rest of the team! 

Check out Ram, Sukhi, Gopi, Filip, George, Caroline.

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MarketOrders News

MarketOrders Co-Founder meets easyJet Founder!

MarketOrders Co-Founder Sukhi Jutla meets easyJet Founder Sir Stelios Haji-Ioannou

 

It’s not every day that you bump into a billionaire but trust our co-founder Sukhi to do so!

As many of you may know, a few weeks ago in May Sukhi was invited to Keynote speak at the Digital Enterprise Show (DES) in Madrid, where MarketOrders also walked away with an award for Digital Innovation.

En route to Spain, Sukhi bumped into Sir Stelios Haji-Ioannou, who is a British Cypriot entrepreneur best known for setting up easyJet.

Here is Sukhi’s first-hand account:

No one really likes hanging out at airports but for entrepreneurs, it can be golden time to catch up on emails and social media.

Other times, it’s also great to just wander around the terminal and that is exactly what I decided to do as I waited to board my flight to Madrid to keynote at The Digital Enterprise show (DES).

As I walked past WH Smiths lo and behold I saw a very familiar face! It was a round face with a familiar smile and I could see this person intently perusing the phone charging section of the store.

As an entrepreneur, I have devoured various articles and books on the most successful business people and billionaires in an effort to learn from their journeys.

So when I saw Sir Stelios, I went straight up to him, held out my hand and introduced myself to him. He took one look at me, chuckled and said ‘ You must be an entrepreneur’.

I asked him why he would say that and he said ‘’because it takes one to know one!’’

He was delightful, taking a few minutes to take a photo with me and learn about what I am creating with MarketOrders.

He wished me the very best as we parted ways and said ‘Keep up the great work’.

More stories to come!

Follow us on social media to stay up to date!

We are on Twitter, LinkedIn, Facebook, and Instagram!

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Press Coverage

MarketOrders named on BusinessCloud’s 301 Female Tech Trailblazers list.

 

MarketOrders is pleased to announce their co-founder and COO, Sukhi Jutla is named as a Female Tech Trailblazer by the latest list announced by Business Cloud.

 

The list is made up of everybody from household names to inspirational women at the start of a journey in tech who have the potential to change the industry. The list is published online at Business Cloud as well in the Q4 2018 print edition.

 

Chris McGuire, BusinessCloud’s editor said:

We’ve ripped up the rule book…rather than limit ourselves to 101 names on our must-read lists we’ve taken off the brakes by publishing the names of 301 female entrepreneurs and pioneers of tech. One statistic that is trotted out is that only 17 per cent of people in the tech sector are women. We need to increase the number of women working in tech and we hope that by publishing a list of 301 female entrepreneurs and pioneers of tech, they’ll become role models to the next generation.’’

 

Ram Krishnna Rao, MarketOrders CEO said:

‘I’m very proud to have a diverse team as we actively encourage and promote more women in tech at MarketOrders so it’s great that my co-founder and COO Sukhi is recognised as a tech pioneer and serves as a role model to other women considering a career in technology.’

 

 

The full list can be viewed online here: https://www.businesscloud.co.uk/301-tech-trailblazers

 

About MarketOrders

MarketOrders helps independent retail jewellers to source the products they need faster, cheaper and direct from suppliers through our innovative tech platform and marketplace.

 

Connect MarketOrders

Web: https://marketorders.net/
Facebook: https://www.facebook.com/marketordersofficial/
Twitter: https://twitter.com/Market_Orders
Instagram: https://www.instagram.com/marketorder/
LinkedIn: https://www.linkedin.com/company/market-orders/

YouTube: https://www.youtube.com/channel/UCFnJ5_ZVaH3Gpd67Poeunxg

Contact details: info@1v0.3b2.myftpupload.com

 

Written by MarketOrders 

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MarketOrders News

MarketOrders: 2018 Highlights & Summary

 

2018 has been an incredible journey of both growth and new learnings for the team at MarketOrders. In this post, we share our highlights of 2018 and hope you also enjoy this recap of 2018!

We share our progress, awards won and how we are contributing to a more inclusive and diverse tech community.

 

January

  • MarketOrders accepted into the Mayors of London Business Growth Programme
  • Our co-founder and  COO, Sukhi Jutla spoke at Enterprise Nations Flagship Startup conference

 

 

February

  • Sukhi is accepted onto Hatch’s Female Founders Accelerator Programme backed by JP Morgan for 6 months of business support to propel MarketOrders
  • Sukhi announced as a shortlisted candidate for the Asian Women of Achievements Awards

 

March

  • Sukhi announced as a Top 100 Asian in UK Tech

 

 

April

 

 

May

  • Sukhi announced as a Finalist in the Asian Women of Achievements Awards
  • MarketOrders speaks at the Diversity in Tech conference

 

 

June

  • MarketOrders invited to the London Stock Exchange to celebrate Women’s Entrepreneurship
  • Sukhi announced as a winner in the Rising Star Entrepreneur by WeAreTheCity Awards
  • MarketOrders speaks at London Blockchain Summit on Retail and blockchain and Women of Silicon Valley conference on raising investment

 

 

 

July

  • Sukhi announced as a top ‘35 woman to Watch’ by Management Today and featured in The Sunday Telegraph
  • MarketOrders beats 20 companies to win 1st prize of £100k investment at the London Blockchain Accelerator
  • MarketOrders speaks at Unbound conference, Department of International Trade on Women In Tech
  • MarketOrders appears on the Women’s Business Radio Show

 

August

  • MarkerOrders featured as a success story after graduating from the London & Partners Programme:

 

 

September

  • MarketOrders speaks at The European Entrepreneur Summit, E-commerce Blockchain Conference and Ministry of Entrepreneurship Conference
  • Sukhi announced as a semi-finalist in the Venus Awards for 2 categories: Influential Woman & Inspirational Women in Tech

 

October

  • Sukhi is one of 4 startup founder stories to be profiled for the launch of a nationwide campaign called #OneTechNation to inspire more women and individuals from underrepresented communities to consider starting an ambitious startup. Watch the video here:

 

  • MarketOrders attends an invite-only Roundtable discussion on the impact of Brexit on starts ups in London
  • MarketOrders invited to The London Stock Exchange Studies for an interview on technology trends in the gold industry. Interview coming soon!

 

 

November

  • Sukhi announced a finalist in the Catherine Variety Award for Entrepreneurial Spirit
  • MarketOrders announced a Top 100 European Digital Pioneer by The Financial Times & Google beating 4,000 nominations across Europe!
  • MarketOrders announced as a Community Partner for Tech Inclusion at Bloomberg to foster more diversity in tech
  • MarketOrders doubles in team size- welcome to Sinead, Andrew, Caroline, Karen, Filip, George, and Joel!

 

 

December

  • Sukhi named as a Top 100 Woman in Tech by WeAreTechWomen
  • Sukhi named Top Female Tech Trailblazer by Business Cloud
  • MarketOrders speaks at Business Growth Programmes Scaling to Success Conference
  • Invited to invite only Roundtable with Deputy Mayor Rajesh Agarwal on how to better support Female Asian Entrepreneurs

 

 

Plans for 2019

In 2019 we have big plans so watch this space. You will even have a chance to be a part of the MarketOrders team as we prepare to crowdfund soon. Sign up to the newsletter to stay up to date or drop Sukjhi or Ram a message on LinkedIn.

 

We will be focused on expanding our UK market share, entering into European markets, focused on new customer acquisition and exponential growth.

 

And Finally….

A massive THANK YOU to all our customers, partners and team and everyone who supports us in growing and developing MarketOrders.

 

Connect with us:

Web: https://marketorders.net/
Facebook: Facebook: https://www.facebook.com/marketordersofficial/
Twitter: https://twitter.com/Market_Orders
Instagram: https://www.instagram.com/marketorder/
LinkedIn: https://www.linkedin.com/company/market-orders/

Contact details: info@1v0.3b2.myftpupload.com

 

Written by CEO & Founder, MarketOrders

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MarketOrders News Press Coverage

MarketOrders co-founder, Sukhi Jutla, named a Top 100 Woman In Tech

MarketOrders is proud to announce their co-founder and COO, Sukhi Jutla is named as a Top 100 Woman in Tech by WeAreTechWomen.

 

MarketOrders CEO, Ram Krishnna Rao said, ‘I am immensely proud of having a co-founder who is a role model and leading influencer in the tech field. Sukhi brings immense courage and determination to highlighting and encouraging more women into tech as well as ensuring MarketOrders is on the cutting edge of delivering the best technical solutions for the gold jewellery trade industry.’’

 

Sukhi Jutla saiid, ‘It’s an honour to be recognised as a top influencer and thought leader in tech and I hope my accomplishments continue to inspire other women that a career in tech is feasible and possible no matter what stage you enter this field; it’s open to all.’’

 

The winners of these awards showcase remarkable women within the technology sector covering a wide range of roles such as Applied Machine Learning Scientist; Cyber Security Consultant; Radio Modelling Engineer; Futurist; a Research Associate in Turbomachinery; and Rapid Prototyper.

 

Since September 2018, WeAreTechWomen has been searching the UK for the best
female tech talent in the country.

 

The TechWomen100 awards are the first of their kind to focus solely on the female tech talent pipeline and to also recognise the impact of champions, companies and networks that are leading the way for the future generations of tech talent.

 

WeAreTechWomen received over 500 nominations from across the UK and Northern
Ireland and 28,000 votes of support from across the globe.

 

Winners’ will shortly receive an invitation to a prestigious awards ceremony on 31
January 2019.

 

 

View the full list of winners in alphabetical order here: https://wearetechwomen.wearethecity.com/techwomen100-awards-winners-2018/

 

Written by MarketOrders

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MarketOrders News

How MarketOrders is pioneering ‘Smart Retailing’ in the gold jewellery industry

 

Today, retail shopping involves one of two options; you either buy products online or walk into brick and mortar stores.

These days however more and more people want their goods to be delivered faster and cheaper to their doorsteps which continue to put pressure on traditional retailers or brick and mortar outlets.

But when online shops can’t quite deliver, the customer needs to go to the store themselves and this experience can be very frustrating. Therefore this cannot be the only option.

So let us introduce a new form of retailing called ‘Smart Retailing’ being pioneered by my company, MarketOrders. We are shaping up a new type of retail experience by combining the best of both online and offline retailing for the gold jewellery industry.

At MarketOrders, we call this a converging platform. Our platform is helping to redesign traditional stores into smart retail stores. We help retail jewellers to embrace new technology to enhance their traditional retail stores.

eCommerce and the high street don’t have to fight for sales. Instead, we help our retail jewellers discover how they can use digital tools like MarketOrders to help reach more customers by ordering smarter and cheaper.

Even though the world is becoming more digitised, there is still demand for in-person purchases. People don’t just want to buy a product. They want to buy an experience, especially when it comes to high-value items like gold and diamond jewellery.

Retail stores can embrace this growing trend through what we call ‘Smart Retailing’ and we are already helping traditional gold jewellery retailers to adapt to the new digital world in new and creative ways.

 

photo credit: https://pixabay.com/en/jewelry-necklace-shop-windows-1159685/

 

MarketOrders, proof of concept (POC)

So let’s start with your experience when you visit any gold jewellery shop if you have been to one. It takes hours for you to choose and pick that perfect item for your loved ones.

You might not like the design or style or maybe it’s too expensive. It could also be a dull experience if you are having to get the attention of store staff and they are not being particularly helpful!

You could purchase the item online however that is also not a perfect experience. You may want to touch the item, feel it and try it on. The item may also need to be made to order and can’t accommodate a suitable delivery window in time.

 

photo credit:https://pixabay.com/en/handshake-hands-laptop-monitor-3382503/

 

Introducing the MarketOrders hyper-local mobile commerce vision

From our experience, we have seen that most customers prefer to buy local especially when it comes to jewellery.

Now through the MarketOrders platform and its hyperlocal mobile commerce, everything will be customised the way you want (business owner and end consumers) and the experiences will be powered with technology. This will help the customers to make more informed choices and improve efficiency.

The MarketOrders platform allows the retailer or their customers to pick and choose what they want, when they want and at what price they want.

Purchasing gold jewellery is still operating in a very traditional way. The process was designed decades ago. The retailer has to visit the suppliers to find designs that suit his customers needs based on gut feelings as nothing is digitised or data-driven.  This costs time and money and is an inefficient process.

MarketOrders redesigns this experience by bringing universal designs onto our platform. Retailers can view the products they want with no sales pressure to buy, no need to travel to the suppliers on the other side of the world and no longer having to leave the business unattended. Retailers can also purchase from one source instead of multiple distributors which is also time-consuming.

MarketOrders allows retailers to browse what they want and check the price suitability before placing the order and make a request to deliver or pick up at a particular time.

All the small traditional retailers can get a unique makeover by using the MarketOrders platform.

Most brick and mortar jewellery retailers have not changed the way they operate since the mid-eighties and these stores are the lifeblood of many localities and communities. Today they need to be more convenient to cater to today’s shoppers and satisfy their experiential desires.

 

The real transformation that MarketOrders will bring is digitising the traditional store.

The technology that MarketOrders is building will help traditional retailers with the analytics of their store. This will help decide what products they need, how much they need, who is their customers and etc.

This means the local stores will be better enabled to serve the needs of the local customers. The possibility for small brick and mortar shops are endless with MarketOrders where we are helping to reimagine the stores the way their customers want to shop. Smart Retailing is the future for the gold jewellery industry.

 

Connect with us:

Web: https://marketorders.net/
Facebook: Facebook: https://www.facebook.com/marketordersofficial/
Twitter: https://twitter.com/Market_Orders
Instagram: https://www.instagram.com/marketorder/
LinkedIn: https://www.linkedin.com/company/market-orders/

Contact details: info@1v0.3b2.myftpupload.com

 

Written by CEO & Founder, Ram Krishnna Rao

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MarketOrders News Press Coverage

Press Release

 

MarketOrders is thrilled to announce they have been announced as Finalists in the West London Business Awards in the Start Up of the Year category.

 

The judging panel of the West London Business Awards 2019 met on Wednesday 21 November and today announces its shortlist.

 

The Awards recognise the outstanding achievements of organisations and individuals across five themes: sector leadership, sustainable & responsible business, economic growth, corporate leadership, and individual leadership.

 

The winners in each category, as well as the overall West London Company of the Year 2019, will be announced at a glittering awards ceremony and dinner on Friday 8 February at Twickenham Stadium.

 

Now in their sixth year these are the only business awards for the West London sub-region. They celebrate business excellence, and showcase the innovation and entrepreneurial vibrancy of West London’s remarkable business community.

 

Andrew Dakers, CEO of West London Business said:

“We have again received a fantastic number of high quality entries this year, despite tough entry criteria. Our shortlist, which this year includes Corporate categories for  the first time, provides a window on the excellence that continues to drive West London’s economy forward, as well as the exciting innovations coming through. The awards night at Twickenham will provide a fitting platform, and plenty of inspiration too, as we recognise the success of all these businesses.”

“The Gala dinner will also see us announce our first West London Business Leader of the Year, a Lifetime Achievement Award winner and a new line-up of West London Business Ambassadors.  We look forward to a great night.”

 

Ram Krishnna Rao, CEO of MarketOrders said:

‘’We are thrilled to reach the Finalist stage in this prestigious accolade which further demonstrates that West London can produce award winning start-ups and has a thriving ecosystem for tech based companies. A huge thanks to my team who work with passion and dedication to drive innovation and build MarketOrders into the success it is today.’’

 

THE SHORTLIST…

Start-up of the Year:

  • Chariot
  • MarketOrders
  • TempaGoGo
  • The Zero Carbon Project

 
SME Sector Leadership

 
Business Services Company of the Year:

  • First Business Water
  • Locata Housing Services
  • TempaGoGo

 

Creative/Media Business of the Year:

  • Big Group
  • By This River
  • DAZN
  • Insightful Images
  • Stephen Johnson Photography
  • Timeline Television
  • TV Ltd

 

Education and Training Provider of the Year:

  • Rough House Media
  • Shout Out UK Ltd
  • Space Studio West London
  • The JGA Group

 

Finance Business of the Year:

  • Beond Group
  • Lawrence Grant Chartered Accountants
  • Smart Currency Business

 

Food and Drink Business of the Year:

  • Chilli Tuk Tuk
  • Curious Roo Coffee Roasters
  • Ma Baker

 

Health and Wellbeing Business of the Year:

  • Age UK
  • Harrow Mencap
  • The West London Children’s Wellness Centre

 

Hospitality Business of the Year:

  • Artisan
  • Clayton Hotel Chiswick
  • Copthorne Tara Hotel

 

Logistics Business of the Year:

  • Alexanders Removals & Storage
  • Sprint Logistics

 

Manufacturing / Reprocessing Business of the Year:

  • Alter London Limited
  • Everglade Windows
  • Proper Oils

 

Property and Construction Business of the Year:

  • KSBC
  • Wilkinson Construction Consultants

 

Retail / Wholesale Business of the Year:

  • Made of Carpet
  • Petit Miracles
  • World of Tattoos

 

Technology Business of the Year:

  • CustoMem
  • eBusiness Guru
  • Medidata

 
Sustainable and Responsible Business
 

Community Investment Award:

  • A Slice of Nice Cake Co
  • Action West London
  • Ealing Mencap
  • Petit Miracles

 

Green ‘Circular Economy’ Business of the Year:

  • Buckingham Futures
  • CustoMem
  • Green Tomato Cars
  • In Your Face Advertising
  • Lofbergs
  • Proper Oils

 

Economic Growth

 

Coworking Space of the Year:

  • Central Research Laboratory
  • Central Working White City
  • Imperial White City Incubator
  • Open Cell
  • Wimbletech CIC

 

Export / International Business of the Year:

  • DAZN
  • Medidata

 

High Growth SME of the Year:

  • Alexanders Removals & Storage
  • Everglade Windows
  • Pots & Co
  • Timeline Television

 

Read the full article here: https://www.westlondon.com/west-london-business-awards-2019-shortlist-announced/

 

Written by MarketOrders

 

Categories
MarketOrders News

Revolutionising the jewellery retail industry with blockchain and AI

 

So much of the world has been revolutionized by technology yet the retail jewellery industry is still lagging behind.

 

The gold and diamond jewellery industry is still relatively untouched by the benefits of technology and this traditional industry which is run on trust has still not fully embraced the benefits that technology can bring to this sector.

 

It’s no longer enough to just have an online digital presence. The tech world is moving ahead fast with the rise of the blockchain, artificial intelligence (AI and machine learning (ML) that are all playing a critical role for the SME markets in general. these technologies are now being harnessed to authenticate products, speed up transactions and understand their customer profiles better in order to serve them in more new and innovative ways.

 

How SMEs can harness the power of new tech

MarketOrders is on a mission to harness the power of blockchain and AI in small retailers to bring in a new level of innovation.

 

At MarketOrders, we are excited about how innovation can be introduced into the retail industry via the application of the Blockchain and AI.

 

Since the gold and diamond jewellery industry is very new to technology and innovation, there is a huge unmet need in this market which will give rise to new opportunities and possibilities. This, in turn, will unlock a huge amount of potential.  Blockchain and AI will give superpowers to small retailers who are better able to compete.

 

Small retailers especially those who only have brick and mortar shops are bogged down with complex and chaotic systems as most of the processes are conducted offline.

 

Just imagine the efficiencies that could be created when the SMEs embrace digital processes and look to the blockchain and AI to help them better reach their customers and serve them in new ways.

 

Small retailers not only have the potential to transform their businesses but can change or adapt the way they interact with customers.

 

The Rise of Smart Retailing

In this digital experiential economy, the customers first point of interaction is now online and mobile through their smartphones. It is vital SMEs can embrace mobile technology and ensure they are able to reach their customers in the way they engage with technology. We call this the rise of Smart Retailing

 

Today there are more phones than people in the world. MarketOrders will democratize access to smart retailing in the way that Google democratized access to information.

 

Having MarketOrders as a technology partner, retailers do not need to build technology but just plug into our ready-made platform.

 

The Gold Jewelry and Diamond industry are ripe for disruption

The coming revolution in the space of Blockchain and AI into smart retailing can only come from digital upstarts such as MarketOrders rather than any retail unit or existing retailers collectively because today’s industry disruptors tend not to be incumbents.

 

In years to come, Blockchain, AI and Automation in business practice will be viewed like how people viewed the internet; an essential part of the business like smartphones are today.

 

Stay up to date with the latest news by signing up to our newsletter here: https://marketorders.net/

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Seizing the Blockchain Opportunity with MarketOrders

 

On 13th Nov 2018, our COO and co-founder, Sukhi Jutla spoke at the ‘Seizing the Blockchain Opportunity’ event held by London & Partners.

 

The sold-out event bought together professionals working in the blockchain space and those wanting to learn more about the real-life use cases of blockchain and where the opportunities are.

 

We are on the cusp of a blockchain revolution. The last year alone has seen major corporates gain interest in the distributed ledger technology, and an increasing number of companies are starting and scaling rapidly in the space.

 

The event saw three panel discussions, outlined below, and welcomed speakers from early-stage start-ups all the way to major corporations in the blockchain industry, to discuss the reality of the space, its major challenges and the greatest opportunities for applying this emerging technology.

 

 From L-R: Simone Maini, Abel Tedros, Anna Mostyn Williams, Sukhi Jutla

Here is a summary of the event with key takeaways

 

Panel 1: Opportunities and Dreaming Big: this panel discussed the major opportunities that are now possible thanks to blockchain technology, from creating a truly global marketplace to financial inclusion for the unbanked, digital identity solutions, supply chain transparency and more.

 

Key takeaways:

  • There are powerful use cases for blockchain that can be used for identification purposes to prevent fraud
  • As use cases on the blockchain increase, there could be issues with scaling
  • Users don’t need to understand the mechanics and technical aspects of the blockchain. Need to get them past that. Just how we use the internet and email without thinking about the technical work that happens underneath, we also need to start embracing blockchain and its benefits
  • We all use the internet and email but not all of us necessarily understand how it works!

 

Panel 2: What Keeps Me Awake At Night: this panel explored the main challenges that blockchain faces today, focusing on blocks such as limited transaction speeds, the energy usage of mining, the lack of regulation in the crypto space, amongst others

 

Key takeaways:

  • Can we truly get to a decentralised model or will we see the rise of centralised entities again in order to scale?
  • We need some level of regulation in order for investors to feel comfortable and confident in investing in ICOs
  • Educating the market and its end users in the possibilities of blockchain are important.
  • Giselle Frederick of Zingr explained how market vendors in Grenada, a small Caribbean island, were hesitant of the idea of using a blockchain enabled payment app until she explained they could use this technology to sell even more products to customers on the other side of the tiny island and be guaranteed payment!
  • Rodney Prescott of PWC talked about scaling, adopting blockchain with regards to the consensus mechanism and the rise of consortium structures.

 

Panel 3: How To Start A Career In Blockchain: attendees heard the personal stories of professionals who entered the space, who shared what led them to blockchain and how it is to work in the industry.

 

Key takeaways:

    • Have a growth mindset and actively learn about blockchain
      attend meetups, reach out to your blockchain role models and learn from them
    • If you can’t join a blockchain start up then create something yourself!
    • Follow key people on social channels and learn from them like Andreas M. Antonopoulos, Vitalik Buterin and Joseph Lubin,

 

  • Other useful resources shared:

 

http://www.weekinethereum.com/

http://unchainedpodcast.co/

https://www.coindesk.com/

https://twitter.com/aantonop

https://about.me/vitalik_buterin

 

Written by MarketOrders

 

Categories
MarketOrders News

Creating the future of millennial retail with cryptocurrency

 

While the volatility is positive for speculative investors, it is also causing more hesitancy on the part of consumers to use it as a reliable fiat currency alternative. Unfortunately, the cryptocurrency craze has attracted too many ICO startups whose intentions are focused solely on watching their valuation being pushed to the pinnacle by the speculators. Often, there is no other utility outside of their cryptocurrency merely being a way to inflate their bank accounts.

 

MarketOrders solves the problem and challenges faced by offline retailers in dealing with millennial generations of consumers by creating a tech marketplace for them. Millenials are Smartphone driven and attention deficit and need to be able to access information on demand and on their mobiles.

 

 

photo credit: https://pixabay.com/en/office-meeting-business-partners-336368/

 

How is MarketOrders solving this challenges?

 

MarketOrders is bringing a Converging platform for offline retailers to future proof it by embracing new technologies using blockchain technology- NOT the least of which is the advent of cryptocurrency.

 

Blockchain invented a trust-less decentralized currency, owned and transacted by entire communities and movements. This could not be accomplished with traditional [fiat] currency in the circulation.

 

photo credit: https://pixabay.com/en/block-chain-shaking-hands-handshake-3468276/

 

 

For the first time in the modern history, communities can be served by currencies of choice without geographical boundaries, language, race, and religion restriction.

 

Despite a multifold of possibilities this new technology presents, it is critical that MarketOrders focuses initially on embracing this digital era and the millennial uprising that is causing disruption to offline retailers [brick and mortar].

 

This trend is being driven by a desire to tap into the rise of the experiential economy.

 

This experience became the blueprint for every brick and mortar shops. Digitization brings so much of convenience but customers are still looking for surprises and spontaneity in their shopping experience, which can only be achieved with a physical environment.

 

This actually creates positive tension between convenience and smart shopping with the experiential element to it and bring realization to an entire retail industry that in today’s digital and fast-moving technology world, only remain constant is the change.

 

Therefore, retailers are under pressure to move quickly to implement technology into their business. Retailers are constantly seeking technologies to both bolster customer experience and increase efficiency. To execute this vision of online and in-store experiences powered by technology, retailers need to leverage the critical skill sets of both business leaders and infrastructure and operations professionals, which can be very expensive for small retailers.

 

Written by CEO & Founder, Ram Krishnna Rao