Analysis

Belarus liberalizes high tech activities: How foreign investors and neighboring countries could be affected

December 22, 2017 could go down as a turning point in the history of the Belarusian economy. That day, the country’s president Alexander Lukashenko signed a law “On the Development of a Digital Economy” which introduces thorough changes in the legislation, aiming to liberalize the high tech sector in the country. A variety of activities …

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As Moscow goes high-tech, so does its surveillance system

Moscow is plowing billions of dollars into reinventing itself as a modern, tech-friendly European city, and its system of remote surveillance is also ballooning. Over the past six years, the city has contracted with telecommunications operators to install more than 130,000 cameras, many of them boasting high resolution, zoom and swivel functions, and an uplink …

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Presidential Internet ombudsman Dmitry Marinichev: “In the totally new tech world that is emerging, the state’s capacity to intervene will decline”

A successful tech entrepreneur since the late 1990s, Dmitry Marinichev was apppointed Internet Ombudsman by President Putin in 2014. He is also a member of the Expert Committee of the Agency for Strategic Initiatives and a member of the General Council of the Delovaya Rossia business association. In this exchange with EWDN Chief Editor Adrien …

Presidential Internet ombudsman Dmitry Marinichev: “In the totally new tech world that is emerging, the state’s capacity to intervene will decline” Read More

Pavel Korolev of Pulsar Venture Capital: “VCs also want ICOs”

Noting venture investors’ rising interest in ICOs, Pavel Korolev, the founder and CEO of Pulsar Venture Capital, analyzes the opportunities and challenges of this new method of financing. While some say that ICOs will break venture funds’ monopoly on startup funding, a growing number of these funds are experimenting with token sale. Since fundraising through …

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Campbell Bethwaite of Redstone Capital: “Russian financial services, in terms of functionality and speed, are better than in many other markets”

Fintech is exploding in Russia, albeit from a very low base. bne IntelliNews editor-in-chief Ben Aris sat down with Campbell Bethwaite, the managing partner of Redstone Capital (recently renamed from Finteca) to talk about the sector and its prospects. Redstone is a holding company that has set up a number of fintech businesses in Russia that are seeing exponential …

Campbell Bethwaite of Redstone Capital: “Russian financial services, in terms of functionality and speed, are better than in many other markets” Read More

11.11 Global Shopping Festival: Striking numbers from Chinese malls

On November 11 each year, Alibaba Group, China’s biggest e-tailer, holds its flagship event, the “11.11 Global Shopping Festival.” This year was no exception. With much fanfare, the group announced that the event generated $25.3 billion of gross merchandise volume (GMV) – an increase of 39% compared to 2016. Mobile GMV settled through Alipay accounted for 90% …

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AI and blockchain could accelerate biomedical research, say Russian scientists

Insilico Medicine, the parent company of Russian biomed startup Insilico, has published a peer-review research paper calling for patients to regain control of their personal medical records, and even to profit from them. The Baltimore-based Insilico Medicine, which specializes in the application of deep learning for drug discovery, produced the paper, titled “Converging blockchain and next-generation artificial intelligence …

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Affiliate marketing: Next year’s trends and challenges

As advertising networks are increasingly used in domestic and cross-border campaigns, the industry is experiencing a multifaceted transformation. Alexander Bachmann, CEO and founder of international ad network admitad, identifies the current and upcoming challenges and opportunities for market players in this field.    1. Mobile traffic: Seeking a deeper and more efficient integration Mobile is among …

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US VCs steer clear of Russian startups

About six years ago, a number U.S. venture investors were bullish about Russia’s startup scene. Well-known VCs like Accel and Intel Capital led rounds for emerging Russian Internet brands. Cisco also targeted the region, backing a fund focused on Russia and Eastern Europe. In 2012, the peak year for cross-border deals, U.S. VCs backed nearly 50 rounds for Russia-based startups. But that was …

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Trends and challenges in the self-improvement Industry: Russia and the West

Interest in self-improvement has never been out of fashion. But today we are experiencing a new era in the personal development sphere with the adoption of digital services and mobile applications. More and more people want personal consultations on the go, and the industry needs a reliable infrastructure to provide proven data, reliable methods and …

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Why startups from Eastern Europe are so strong in face recognition and augmented reality

Russian-speaking engineers seem to have some special skills, or secret sauce, to develop face recognition and related AR technologies, if judging by the number of startups with roots in Eastern Europe that have made the news over the past few years. Emerging from Russia, Belarus and Ukraine in particular, they have topped international contests, received …

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