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Blockchain is a shared, immutable ledger that provides an immediate, shared and transparent exchange of encrypted data simultaneously to multiple parties as they initiate and complete transactions. Artificial intelligence (AI) uses computers, data and sometimes machines to mimic the problem-solving and decision-making capabilities of the human mind.

Autonomous (driverless) cars, customer support chatbots, Alexa and Netflix suggestions are a few examples of AI that have already changed our lives. AI of course stands for Artificial Intelligence! But what does it really mean?

Autonomous (driverless) cars, customer support chatbots, Alexa and Netflix suggestions are a few examples of AI that have already changed our lives. AI of course stands for Artificial Intelligence! But what does it really mean?

Entering 2024, the Republic of Cyprus is at a pivotal moment in its journey toward enhancing data protection and cybersecurity.

The legal Cypriot community has recently seen leaps of improvement in the way cases and electronic data are handled. Aside from the fact that electronic evidence has recently became admissible to the Cypriot court, the establishment of a commercial court in the island comes to revolutionize the way commercial cases are litigated.

This article delves into the DLT Pilot Regime, its objectives, and its significance in the European financial services sector. For more information on how the DLT Pilot Regime can benefit your business, contact Grant Thornton Cyprus, a leading provider of professional services.

2016 was a year of firsts for the Nigerian tech sector as investment grows.

The ASEAN trade bloc is a growing force in the world economy and its increasing influence brings with it prime investment opportunities for businesses both inside and outside the region, not least through a stand-out e-health sector.

Blockchain has been seized upon by the financial services sector, where it is playing a crucial role in tracking and authenticating transactions.

Every business can benefit from the Internet of Things – just start small and choose wisely when deciding which operations you want to target.

As productivity rates fall, businesses and governments need to find new ways to make inputs work harder if living standards are to be maintained.

New research from Grant Thornton reveals that cyber attacks are taking a serious toll on business, with the total cost of attacks globally estimated to be at least US$315bn* over the past 12 months. The Grant Thornton International Business Report (IBR), a global survey of 2,500 business leaders in 35 economies, reveals that more than one in six businesses surveyed faced a cyber attack in the past year. With high-profile security breaches and hacks becoming more prevalent, nearly half of firms are putting themselves in the firing line with no comprehensive strategy to prevent digital crime.

Rising labour costs and the quest for productivity are driving businesses to automate. Finding new roles for redundant workers will be the next challenge.

Poised to be every bit as disruptive as the internet revolution, is your business ready for the rise of the sharing economy?