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FinTech

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Is cryptocurrency now legitimate (not just for the criminal groups?)
We've all seen the ransomware headlines - not a day goes by that a threat actor group doesn't post a cryptocurrency ransom following successful deployment of malware to a business' networks.But is the currency finally now mainstream? Recently CBA in Australia, started accepting and managing cryptocurrency (it struck strategic commercial relationships with regulated crypto exchanges and custodians).Visa is working through its Circle partnership to offer the currency, and Paypal is now live with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.Could we see regulators move to tighten the use and flow of the currency further?https://economictimes.indiatimes.c
21 November 2021 by Daniella Trai...

FinTech

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Regtech & Fintech DLT-as-a-Platform live in Australia
A few years in the making, now Australia's Australian Securities Exchange (ASX) is live with Synfini - its distributed ledger technology (DLT) as-a-service platform.The premise is to offer multi-party services through the platform including automated consent management and data sovereignty with each party permissioned on the ledger according to specific security and privacy requirements.Could this regtech/ fintech innovation see more applications of distributed ledger technology and faster business workflows? Already KPMG is building onto the platform the NSW government building assurance solution (Broadridge)https://www.zdnet.com/article/asxs-blockchain-based-chess-replacement-pushed-to-april-2023/image credit : Hoyes
21 November 2021 by Daniella Trai...

PropTech

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Architects go high tech with 3D spatial surveys
How can 3D spatial tech help architects create brilliant buildings?LARKI supplies exceptionally detailed 3D laser scans (LiDAR) and existing condition architectural models (BIM) via a fully online platform.  This accelerates architectural design and planning permissions and saves costs. Compared with traditional 2D surveys, 3D surveys are up to: 300,000x better resolution; 8x cheaper; and 700x faster to receive.Uniquely, LARKI aggregates 3D point clouds captured from 3D laser scanners on planes, cars, drones and tripods and then rapidly converts these to 3D architectural models and drawings. Architects get precise existing condition models downloaded in minutes.https://larki.com.au/Photo: Simon Cookes
21 November 2021 by Jennifer Harr...

Dining

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One of the great challenges haunting pub goers everywhere, has been solved
Hotly debated in dedicated Facebook and Instagram groups, amongst self-appointed schooner carrying experts, the art of carrying 4-schooners has long been pursued by the small-handed living amongst us.Trays, they say, are simply not an option.Some chosen, prodigiously metacarpalled few enjoy this heady and rarified skill, alone.Until now.In a laudable effort to democratise the schooner carrying world, Ogilvy Sydney, in partnership with Merivale and Lion, has solved one of the truly significant problems in the world.Introducing the Super-schooner.A set of 4 schooner sized glasses that fit neatly together into one super schooner.You're welcome
21 November 2021 by Ivan Brewer

AgTech

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The secret rock that could help feed the world
Orlar’s system – now a business that supplies Vietnam’s top 200 restaurants and most middle-class supermarkets – uses gree
20 November 2021 by IdeaSpies

Climate

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Compostable food and packaging wrap
Compostable stretch kitchen wrap business Great Wrap has launched its Australian-made compostable catering wrap for businesses across the country. Made from food waste, Great Wrap initially launched a domestic Compostable Cling Wrap, but now provides a solution for commercial waste challenges that is suitable for restaurants, grocers, delis, bakers and more. The company also takes pre-orders for for pallet wrap.An easy solution for businesses to eliminate single-use plastics.https://www.innovationaus.com/great-wrap-launches-compostable-catering-wrap/?
19 November 2021 by Jeremy Wright