Embrace and Stay Open to Innovation: Construct New Ecology of Digital Finance
Dec 08, 2017
By Tai,Chih-yen Ph.D./Associate Research Fellow, International Division Chung-Hua Institution for Economic Research
The ecosystem of digital finance covers several innovative technologies from e-payment, digital currencies and block chain. The government supervisory mechanism and industrial promotion were applied to present a diversified look anywhere around the globe. Facing challenge coming from cross-border global digital finance services, we should establish the FinTech apps open to innovation-based environment, and provide some rooms for the pioneers of innovation to experiment as well as guaranteeing their follow-up benefits using the operation of Regulatory Sandbox. It can enable the ecosystem of digital finance to have enough flexibility to develop and face more challenges of FinTech.
Reverse the New Concept of Business in the Digital Retailing Era
Dec 08, 2017
By Dr. Garfield Hung /Amanda Chang(DTI, Institute for Information Industry)
From the point of view of business owners and consumers, we analyze the new trend in retailing from several factors like the data orientation, virtual reality integration, experience consumption, and community influence to explore how the new retailing triggered by consumer experience can change the whole business environment. It is more than just the new technology like IoT, big data, and artificial intelligence (AI), which can speed up the retail industry. When we are getting into a 5G environment, technologies and services of Virtual Reality (VR), Augmented Reality (AR), and HD live video can create another high peak that follows the wave. Just as we expected, it may bring out a new trend of evolution in retailing that could reverse the business model.
Control the Platform-based Business Model Open for New Opportunities among Industries
Dec 08, 2017
By Fan Hui-yi(Research Fellow, Commerce Development Research Institute)/Li,Zhi(Consultant, Commerce Development Research Institute)
Create a friendly community for the citizens in a digital society with the mobile app proposal issued by the government. Started with the needs of digital citizens, the government has established a “platform-based economic framework for the digital citizens” to inspire shared values in the ecological circle by proposing the design of services. It takes advantage of the shared environment by integrating multiple civil services into this platform to come up with a strategic goal for development as well as promoting the local society, economy and commerce, culture and education. On the other hand, it uses the service requested by the citizens through integration as an incentive so that all users can get the correct information they want when they enjoy using the services. In the meanwhile, it makes the most out of the resources to achieve the goal to activate the economy by combining its service with other community services.
Showcasing Smart Applications: A New Look for Technology
Sep 22, 2017
To help the Taipei City Government run its smart city and the IoT related applications in the experimental field, the Taipei City Government launched the “Taipei Smart City Industrial Field Pilot Program”.After receiving the proposals submitted by private sector, the Taipei Smart City PMO will conduct discussions on the content of proposal based on innovation, feasibility, public welfare, and legality. It will conduct overall assessment for proposals deemed feasible to further confirm situational plan with the applicants. For example, the planning may include the demonstration points in Neihu district such as the smart street light applications, Taipei Railway Station Project, Driverless Bus Experimental Project. It hopes that the proposal, matching system, and system for domain experiment can help the private sector to run through the Proof of Concept (POC) for smart city related applications in the Taipei City so that the concept can serve as a means of following up on the development of operational model and output of international experience paradigm.
Build a smart mobile life to initiate the smart city industry
Sep 15, 2017
By Huang Nuan-yun/TIER
To respond to the developing trend of digitalization, the Taipei City Government actively supports industrial upgrades and transformations to create endless business opportunities for smart technology. In 2017, the Taipei City Government raised a proposal of “Taipei Smart City Living Lab – Government as a Platform” to cover every aspect of the smart public housing, smart transportation, smart health care, and smart green energy, which has been awarded the Gold Award of “cooperative city” in the WeGO Smart Sustainable City Awards. In addition, the Taipei City government established the the City’s government-related payments platform for public service fees—pay.taipei , through integrating an array of payment tools the municipal services bill payment online. In the future, the government will continue to provide more innovative service through the public and private partnership.
Start a new era of Taipei digital industry
Sep 15, 2017
By Huang Nuan-yun/TIER
To respond to the digital economy trend, the Taipei City Government actively engaged in planning how to use the creative digital technology to help vendors develop creative service models, and fostered the new startup business for its development. For example, the government built the “Taipei digiBlock” to establish the industrial chain for innovative villages, and cooperate with the leading graphics processing unit (GPU) technology manufacturer NVIDIA. The first “Virtual Reality Lab @ Taipei” was then established at the Neihu office of NVIDIA, and free basic training for professionals and virtual reality (VR) equipment are available to support the new startup business as a strong backup force. In future, the Taipei City Government will continue to pool more resources for the startups to expand a more diversified business, and search for more opportunities to match with the job seekers on behalf of the vendors. In addition, plenty of awards and resources with subsidies are also available to new startups so that they are encouraged to join the emerging technology domain for R&D. Hopefully, they can develop innovation applications and services, and keep moving on to enter into the international market.
Block chain revolution may be a chance to move on for new industrial opportunities
Sep 15, 2017
By Chen, Kung/Professor, Department of Computer Science, National Chengchi University
Blockchain technology shares some of the features of decentralization and unmanipulated data, and has gradually become a new platform technology. If we observe its development trend such as the Smart Contract applications, we can tell from its industrial scope and find it is quite pervasive. It can improve the existing business procedure, and give support to develop a new business model. However, the Enterprise Blockchain allows the enterprise to use the consensus accounting system applied to high efficiency, privacy protection for transactional data through membership identification and authorized management. These applications have accordingly become a focal point.
Create the AR/VR ecological system: cross-border integration creates more business opportunities
Sep 15, 2017
By Cori Shieh/Secretary General, Taiwan Association for Virtual and Augmented Reality
Discovering the huge business opportunity in the AR/VR market, a number of large international software or hardware manufacturers have been attracted to enter into the market to develop and invest related devices and content. It can improve the existing product requirements specifications, and there is more room for creating new applications. On top of that, the end equipment for production capacity is also available. It is estimated that it can create a new business model through a whole-new interactive experience. Facing the fast development of industrial marketization and industrial scale-up, the author suggests that the government should start from a few base points. Build the industrial cluster of the ecology vertically, create a domestic demand in the market, and establish the test areas and domains to verify the business model for the services, as well as incorporate the local culture and historical experience.
With a focus on AI, the smart applications constructed may be applied to create new business opportunities
Sep 15, 2017
By Chen,Lieu-hen/Associate Professor, CSIE, National Chi Nan University
Since the advent of Big Data, in-depth learning has become the new emerging trend, with many developed countries and large technology manufacturers successively engaging in the artificial intelligence (AI) research, looking into medical treatment, finances, and industrial manufacturing, or other aspects of living. The derivative commercial applications now spread across the Unmanned Aerial Vehicle (UAV), robots, self-driving cars, and image recognition. Apparently, the AI revolutionary influence has gradually changed the way it looks on technology applications and has subverted it entirely. However, many international cities promote smart city plans. They are dedicated to applying AI smart applications on public security, traffic management, anti-disaster and disaster rescue, tourist guides, and city resource optimization.
Taipei tops InterNations Expat Insider City Ranking
May 14, 2019
The free movement of talent has turned into a global trend. Expat assignments are great opportunities for young people to grow and broaden their horizons. As far as the cities are concerned, the attraction of international talent is the key to enhanced international competitiveness. InterNations, the largest global network for expatriates, released its survey titled Expat Insider City Ranking: The best and worst cities for expats in 2018 in November 2018. Taipei City Government was selected as the most livable city in the minds of expatriates in 2018 based on availability and quality of medical care, convenient transportation, friendly human interactions, a vibrant business outlook, and affordable cost of living. In this survey, Taipei ranks ahead of Singapore, Tokyo, Sydney, and New York.