Webinar on identity, interpersonal data and collective minds for SSI Meetup

I was delighted to accept an invitation from Alex Preukschat to host a webinar earlier this week on the topic of digital identity for SSImeetup.org . My presentation is based on the reciprocally-defining, inseparable conceptions of identity, relationships, and personal data — or interpersonal data as I like to call it after my AKASHA colleague Mihai Alisie unjumbled my previous garbled attempts to make a distinction. ...

April 5, 2019

Groupon is bad for business – no April fool

According to BusinessWeek, Groupon could be the fastest growing business of all time – going from zero to rejecting a rumoured six billion dollar offer from Google two years later on the basis it seriously undervalued the company. It’s now eyeing up a twenty five billion dollar IPO. Not bad for a discount voucher business. My sister-in-law recently bought a £300 spa package for £100 via Groupon. Haircut, massage, manicure and pedicure. She’s delighted. “Would you go back to the spa?” I ask. “Definitely” she replies. And then came the qualifier, unprompted: “When they run another Groupon deal.” In other words, the spa in question secured a transaction and eliminated themselves from building a mutually-valued relationship. My sister-in-law will now find it impossible to value the service in her mind at £300, or indeed much more than £100. And with Groupon taking 40-50% commission, it will have been a loss-making transaction at that (following standard accounting principles). ...

April 1, 2011