Electronic Driver License

July 13, 2016

The smartphone is the new wallet. In fact, many people no longer carry a wallet, while “digital wallets” are now a common feature on all smartphones. A digital wallet refers to an electronic device that allows an individual to make electronic commerce transactions. This can include purchasing items online with a computer or using a smartphone to purchase something at a store. An individual's bank account can also be linked to the digital wallet. An individual’s driver license is one of the key documents that people keep in their purse or wallet.

Spotlight

City of Cupertino

The City of Cupertino (population 60,500) is located against the foothills of the Santa Cruz Mountains at the west end of the world famous Silicon Valley. Cupertino has one of the most diverse, progressive, and technologically savvy populations in Northern California, and is committed to being a model multicultural community.

OTHER WHITEPAPERS
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Whitepaper v1.0 - Neotech – Finance

whitePaper | April 30, 2022

NeoTech is creating smart city digital infrastructure that can lead to massive improvements in citizens quality of life and increase the protection of the environment while reducing the cost of doing so. NeoTech uses cutting edge technology in both hardware and software to recreate a 1:1 exact replica of the Earth in utterly digital form, enabling thousands of new applications to be spun off on top of our new Metaverse, enabling startups, enterprises, and people alike to take part in this new technological revolution.

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Nudging Government to Use Evidence

whitePaper | March 30, 2022

Why have we written disparaging statements about government when our firm is so deeply committed to public sector excellence? These include statements like “as the fire rages on, our governments seem powerless” and “hunches no longer pass for evidence these days, unless we’re talking about government policy.” We have compared the policy-making process to a chaotic game of tag and suggested that government policymakers can act as seemingly irrational as Cosmo Kramer did on Seinfeld.

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2019 Report to Congress of the U.S.-China Economic and Security Review Commission

whitePaper | November 14, 2019

Three significant anniversaries occurred in 2019. Seventy years ago, on October 1, 1949, Mao Zedong declared the founding of the People’s Republic of China and, as Chairman of the Chinese Communist Party (CCP), was anointed the country’s paramount leader. Forty years ago, on January 1, 1979, the United States and the People’s Republic of China established diplomatic relations. And thirty years ago, on June 4, 1989, the leadership of the CCP, having declared martial law, sent troops to violently extinguish a peaceful protest, resulting in the Tiananmen Square massacre.

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Military and Security Developments Involving the People's Republic of China 2021

whitePaper | November 3, 2021

The Department of Defense (DoD) annual report to Congress on military and security developments involving the People’s Republic of China (PRC) provides a baseline assessment of the Department’s pacing challenge. The PRC has long viewed the United States as a competitor and has characterized its view of strategic competition in terms of a rivalry among powerful nation states, as well as a clash of opposing systems. As expressed in the Interim National Security Strategic Guidance, the PRC is the only competitor capable of combining its economic, diplomatic, military, and technological power to mount a sustained challenge to a stable and open international system. The PRC is increasingly clear in its ambitions and intentions.

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A digital workplace enables next-generation public service experiences

whitePaper | May 15, 2022

Long before the pandemic created a worldwide retreat from physical workplaces, governments around the world recognised the need to undertake a digital transformation of some kind. Many governments had started to build transformation strategies that would support the gradual adoption of digital technologies to improve efficiency, increase productivity and enable better resource management. The main goal behind these strategies was to create the next generation digital infrastructure that would improve the delivery of services to citizens, from personalised administrative services to tailored health services, safer care for all and customised education. Some governments had started the transformation process. Then the pandemic changed everything. Almost overnight, governments were forced into a new reality that didn’t fit with mid- and long-term digital transformation objectives. Shutdowns changed the world from a largely in-person experience to a virtual experience for government workers and citizens. Government workforces had to quickly move entirely to remote working and governments had to adapt to find new ways to deliver services to citizens. Luckily, the availability of digital tools made the shift possible. So, while the pandemic continued to impact society, governments at all levels were able to shift operations and service delivery online.

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How Do Sovereign Wealth Funds Invest? With Strategic Diversification

whitePaper | April 30, 2022

Sovereign Wealth Funds (SWFs) remain a prominent and diverse group of global asset owners. They represent unencumbered fiscal resources of the host governments, invested under a range of different mandates. In this study, we considered 34 of the largest SWFs, located in 26 different jurisdictions, which as of year-end 2020, have total assets of almost $8.5 trillion, representing 5% of total global markets.2 Between 2018 and 2020, total SWF assets under management (AUM) grew by an annualized 11.3%, as compared to 5.5% over the previous time period (Figure 1). We find that the acceleration in AUM growth is largely a function of market gains due to the post-2018 drawdown in equities. However, we estimate that organic inflows into global SWF holdings are roughly in line with the mid-single digits during the 2014–2018 time period.

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Spotlight

City of Cupertino

The City of Cupertino (population 60,500) is located against the foothills of the Santa Cruz Mountains at the west end of the world famous Silicon Valley. Cupertino has one of the most diverse, progressive, and technologically savvy populations in Northern California, and is committed to being a model multicultural community.

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