We need to upgrade our mind to deal with the deep recession threatening human societies!

Did you already dig it out, what's blockchain, 5G and smart contracts are all about to guarantee added value?

It's not about how much books we read but how much we can learn from every sentence.

In a way I have learned to do a swot-analysis of sentences and as such being able to keep broadening my insight on matters.

Today a lot of people are called investigators or experts, but you should doubt their credibility, because of this.

A lot of inventions come about that way.

E.g. let me open a gate of learning and sharing for you:

There is a grat defisit of real professionals who know or understand how technology can and will help humans to fight against a lot of issues they are struggling with.

The constant manipulation with prices which are based on fear to lose due to corruption and price wars with competitors.
At this moment, technology based on blockchain and smart contracts make it possible that proper measures can be taken to get the most out of speed of data transmission and lower prices, thus more savings on traditional costs of entrepreneurial endeavors.

1 - Digital Procurement 

Digital procurement transformation is not a linear journey where you do a one time transformation to get from point a to point b.

To succeed in digital, procurement organisations need to develop the DNA and the reflexes to continually reinvent different parts of the organisation through experimentation to keep it fresh and relevant to its customers over a period of time. It's a mindset without an end.

And all starts with CPOs having the courage and an incredible dose of persistence to change the culture and mindset that leads to new ideas and ultimately innovation.

2 - Organization of Managerial Mindshift
 

How to decide whether a project is worth pursuing:
1. Interest: do you think about it in your free time and bring it up in random conversations?
2. Importance: will it benefit others?
3. Contribution: do you have something novel to add?

We are now living in a time of Data Driven Economy, and that is the reason for us to learn how to read templates of best practice, to be able to understand also what 5G (ultimate boost data transmission speed), Blockchain (secure and dynamic data management) and Smart Contracts (secure decision making and eliminate corruptive phenomena and helps to engage in better competency management) bring to the table. 

3 - Implementation of Smart Contracts
What is behind this oustanding technology?

How the super rich are investing in cryptocurrency, in block-chain technology and application of smart contracts.

Understand that one of the reasons they have been able to keep track of their capital and evade corruption is found in understanding the following.

What are smart contracts?

A #smart_contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. 

These transactions are trackable and irreversible. 

The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. 

Risky contract?
This contract has to be confirmed every day, otherwise you will have to pay a penalty. As an example, if you have a contract on the 10th, you need to confirm it on the 11th, the 12th, the 13th, the 14th and sign it on the 15th. With a regular contract you can skip days and sign it even in 2 months after the conclusion of a contract.

4 - Implementation of AI
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.

SWOT analysis is one of the most significant business tools, which aims to assess the current situation of an organization in order to develop business strategies to encounter competition. It is a key element of strategic development. It helps a company to predict its future prospects and the financial environment.

Strengths and weaknesses are internal to your company—things that you have some control over and can change. Examples include who is on your team, your patents and intellectual property, and your location.

Opportunities and threats are external—things that are going on outside your company, in the larger market. 

The SWOT analysis is a really useful tool for understanding and decision making for all sorts of situations.

The strengths and weaknesses are internal to the business, things which the company have some control over and can change.

The opportunities and threats are external are things that are going on outside of the business, in the larger market.

Using SWOT analysis is an ideal tool for business and strategic planning, competitor evaluation, marketing, business and product development and research reports.

Considering the power of blockchain applications as Smart Contracts and the Chip Revolution, the speed of processing research data and communication data with 5G, makes it possible to empower people to understand more of strategic, tactical and operational issues which all can be analysed using AI.

5 - Ways to be recessionproof

How to earn with blockchain and smart contracts as one of the manners to go ahead comfronting the future recessionproof?

Not because humans, by the work of hand and mental power, can not arrange for such a way to generate added value and financial gains, would we say it is not possible or to good to be truth.

Right now this platform you are on right now, is based on Blockchain technology.

Digital Breakthrough with Smart Contracts:
GramFree is a #blockchain-based digital project developed to be fast, safe, scalable and capable of processing millions of transactions per second.

It is designed to compete with Ethereum smart contracts and decentralized applications, while being extremely scalable.

Private permissioned blockchains ensure, by definition, faster execution time than public permissionless blockchains because they rely on a small number of selected and trusted verifiers rather than requiring the consensus of a large amount of "anonymous" nodes, which need to be checked through ingenious algorithms.

Are there more ways?
There are at least 13 more ways to get recession proof!