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R3i VENTURES MODERATES FRICTION FREE FUTURES AT INNOVFESTUNBOUND2019

· Friction Free,Economy,CxA,Salesforce
CXA Founder Rosaline Chow Koo and SVP APAC Simon Tate, of Salesforce join r3i Ventures General Partner Leesa Soulodre to explore Friction Free Futures at InnovfestUnbound 2019

from #FrictionFreeEconomy 

Industry pioneers CXA Founder Rosaline Chow Koo, and #Salesforce #APAC #SVP Simon Tate join R3i Ventures General Partner Leesa Soulodre at InnovfestUnbound2019 Mainstage to explore Friction Free Futures.

#5 takeouts

1. In a #frictionfree #economy, the #middlemen are removed and money and labor can move cheaply, easily and instantly e.g. #insurancesector removal of #TPAs;

2. In a #frictionfree #economy platforms lower and even remove #barrierstoentry and #exit, enabling a #levelplayingfield;

3. In a #frictionfree #economy business models are #assetlight;

4. In a #frictionfree #economy reducing the levels of #informationrisk and #aligningincentives in the #valuechain provides opportunities for #disruption and #invention; e.g. moving healthcare from #reactivetreatment to #prediction and reducing risk of #fraud in the traditional anologue system through #smartcontracts 

5. #frictionfree #platforms provide an opportunity for #value to be shared and for #inclusivity e.g. substantially reducing costs of #doctorvisits and #employeeinsurance #innovfestunbound2019

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