Safety First: Disrupting The Security Industry by Chris, Capitalist Exploits
Paris. Beirut. Egypt. San Bernardino. These are just a few of the terrorist attacks that happened over the past few weeks. Terrorism is making headlines again while ISIL makes for a great conversation starter.
The threat today seems more real than ever, despite more than $1.7 trillion spent on fighting terrorism over the past 15 years.
In fact, if you listen to pundits or think tanks talking about the biggest threats for 2016, terrorism will doubtless make it onto the list.
Einstein’s definition of insanity is doing the same thing over and over again and expecting different results. And yet we continue to rely on and expect centralized governments to solve safety problems.
In the light of this discussion, I spoke with Stabilitas, a company that is using technology to bring real time risk management to the market via a decentralized approach (in full disclosure, we at Seraph.vc are investors in the company).
Similarly to Uber and Airbnb turning the obsolete business models in their respective industries upside down, Stabilitas is doing this in the security industry.
You can read the case study of Stabilitas’ technology being used during the recent attacks in Paris here.
As always, let us know your thoughts in the comment box below!
“Creativity is thinking up new things. Innovation is doing new things.” – Ted Levitt