But is it all good do new apps also create new problems time for a mate to give you an update on the digital revolution and firstly what drives take engineers and entrepreneurs to come up with new ideas let me start up found a say they want to help do something good and that money isnt their primary concern to dig deeper we caught up with the founder of an Online Platform where people can donate to climate protection projects. Your novel was just to the take open air festival here in berlin where the best and brightest of the scene come together each year to present their projects and to brainstorm some are really very techie others seek to apply the latest developments and technology to pursue social political or environmental goals like jordan over. But shes not at all ashamed to show emotion we. Dont. Respect. Your presents himself as a climate advocate but shes an entrepreneur shes also something of a celebrity and invited speaker at the tech open air festival in berlin. I want to find out if shes really motivated by wanting to make the world a better place as she claims and over is typical of many startup founders showcasing themselves here theyre somehow into sustainability and they say that money is not the most important thing so what is your number says its fighting Climate Change i have this kind of sense of justice within me that makes me feel quite sad about the flag but also. Feeling quite responsible about the fact that i can do something about it so i take it as a norm or that i can respect the information that has been given to me to actually do something about fighting Climate Change with my own existence 2 years ago your nova launched a platform called plan 8 a reference to the notion that when it comes to our planet there is no plan b. Anyone can donate money here for climate protection projects in regions vulnerable to Global Warming how would you. Go a commission. If it was something you really thought was groundbreaking. For free. Or to be honest with the fees that we charge at the moment which is like. The. Kind of platform that helps companies who are going to get funding we kind of are charging nothing quite ok with this because i dont see the point of becoming. Rich by the fact that ive dedicated myself to a cause that makes sense for all of us humans. Charges a fee of 3 to 8 percent the startup is still mainly financed by jordan over savings. She earned the money working in Investment Banking and the tech sector. So basically youre about getting businesses on board the businesses want to look good for their future. We do not work with me they only want to look good to their constituents in the purpose of this is that historically theres been a lot of green washing that has happened in companies that are involved in or you have been explaining how sustainable they are so the companies that we work we did take that to sustainable mindset before we even kind of started talking to them and they are the ones that understand the responsibility the business is has to play in order to address Climate Change and also such that understand how important this message used to their employees and their consumers one of the projects plan a collects money for supports reforestation in kenya the east african country has Little Forest cover trees help to prevent erosion make the soil more fertile and improve groundwater Quality Environmental organizations in the countries themselves carry out the plan a project. How do you get here today. And by means of transporting by bike by bike yes i think you know what about your place where you buy them i bought this is made out of recycled plastic. I bought it from a shop found in berlin and then i had the shoes for the last 3 years and then i dont have anything else i mean. I get the impression a lot of these lofty minded entrepreneurs concerned about the long term perspective if a company isnt successful though close it down and start up a new one great for great ability to say. I plan on making my life project they feel a lot of potential for the work that we do for it to start this century having results across the other spectrum for us other industry. Unfortunately experience shows that many of these idealistic projects will fail but i think your and chances are pretty good shes authentic and seems like the real thing. I have to tell you but youre the nova is not your typical european found up one shes a woman and youre a typical founder yes guested male in fact 83 percent of all european startup founders are men they usually have a University Degree and they found out at the age of 35 on average the most important soft skill is that they share critical information with their employees and theyre almost all of a real team player at least 94 percent of all european startup founders are considered to be just that they dont just describe you well then good luck to you because your ability to find vestas is very important pitching is an art form that every startup has to master to make a name for itself. If you have a business idea good for you do you believe in it even better but the real test is convincing other people what is my product do or does it solve what makes the Company Special what is not easy to copy those are the kinds of questions startup founders often find hard to answer even though they know the Business Models inside alge for combat be the problem. On pitches i often see that startups are too focused on what theyre doing and cant explain it to the audience because theyre too too through inside to the topic that was the case with. The startup iconix used to say i predict how people will react to videos explaining whats in the short and snappy way to something he still has to work on again and again. Imagine this in pitch for the always have to have the right pitch for the right audience on the field pitch it differently to convince a customer as opposed to an investor has to win over investors you have to get them to think you can do it. Its less about the actual topic getting on this. Even a great idea can fail if its poorly packaged which is why Tech Startups are constantly tinkering with their pitches there is no magic formula but some helpful tricks to pitch a good pitch has a story or problem i solve how can i do it im bringing some lively examples even for complex technical products you sometimes need to use analogies into film. And these 2 have that down pat some people might say you scoop is just a news page but they call that wiki pedia for the news. Young journalists from around the world can publish on the platform the aim is to break the monopoly of Big Media Companies more than anything it includes the stories of people around the world who are living the news so i feel little bring about democratization of new bring in masses from around the world to create new. Business concepts that impressed the jury of this years Global Media Forum or was it just a convincing presentation ultimately a good pitch is half the battle. And the other half of the battle that comes down to luck and the ability to take challenges head on take the Logistics Sector for example its struggling with too many empty trucks on the roads usually on their way back from a delivery how the best start up cargo next came up with a great idea that won them a nomination for this years german entrepreneur award they came up with a tool that helps reduce the number of empty runs thus alleviating Traffic Congestion and air pollution take a look. It might be hard to believe but one in 3 trucks out on the roads of germany has no freight on board in many cases after dropping off cargo drivers have nothing to pick up for the return journey thats bad for business and the environment. But hope is at hand in the shape of multi dimensional Artificial Neural Network intelligence all money for short money is an algorithm that works autonomously with the help of several 1000000 items of data provided by shipping companies. It learns from experience that learns to predict where the trucks will be headed and how to determine prices in advance it also learns how to combine trips the system its because we have the technology on the one hand and real world trucks on the other. So joining the 2 is pretty complicated. This is. An example of fully laden truck drives from a to b. Normally it would return empty but money knows that transportation will be needed not far from the end just a couple of hours time that enables the truck to make the return trip with cargo on board. This sector has a very traditional structure. People tend to be wary when we talk about using a i. In what way opposite of theyre skeptical about whether it works whether its reliable whether you can trust it. Another potential hurdle to use Money Companies have to access a website operated by carbon x. Customers into the specifics of a decide transport request online and money determines the most suitable option for a fee the system determines what the Trucking Firm earns based on past rates. So how does this Artificial Intelligence manage in the real world this Trucking Company in humbard started using money a few months ago it has trucks on the road all over europe. So those car will next thanks to cargo next weve been able to reduce our empty runs to 15 percent. Uncanny live with the prices. Mind well its not like were getting overpaid thats for sure. Take up the price is pretty close some firms will benefit others not so much. But its worth it for us if you can number. 6000. 00 Freight Companies have already signed up with the system finding it to be effective however could make them dependent on money given carbon next free rein to become either of the Logistics Sector. And the kind of the end of the horse where you dont want to see a monopoly but demand is so high that everyone can work it out for themselves machine or be deterred and straight forward is can decide for themselves how much business they do with us there are no contractual obligations each trip is negotiated from scratch. So its up to each company how they use it. And more uses for money means fewer empty trips and hopefully less traffic a system with the potential to revolutionize the freight hauling sector. As more and more aspects of our lives become digitalized things become easier and more efficient but also more vulnerable to disruption cybercrime is a big problem for the Economy Companies often underestimate the danger of Cyber Attacks especially small firms tend to be ill equipped making it easy for hackers to get into the systems and to tamper with crucial data to prepare for the worst Case Scenario managers can now seek advice from professionals at i. B. M. In this specially equipped truck they simulate every companys worst nightmare. Today im playing a scene of a company that is facing a lot of problems because its being attacked from the internet the other journalists here are playing Department Heads of his company a major Bank Alexandria crew is a Cyber Security expert at i. B. M. And hes got that for me thank you and an officer was. Packers have taken control of a cash machine. Where is the a. T. M. Move. Ok they get their money as soon as possible the case for germany is that. 67 percent does not even have a plan in place for responding to a cyber attack and that few of those will house only half of them train it when people are under pressure in a critical situation like a cyber attack is if its written somewhere that has taken down the company then they are not prepared to respond in a way that will reduce the impact on the company or government in our simulation the question the journalists face now is do we shut down the banks i. T. Systems and reboot them in real life such a situation might well trigger a panic with senior Staff Members reluctant to take responsibility and take charge that is a chain of Jewelry Stores in germany in early july hackers took over its servers and encrypted all its data they reportedly demanded and received a ransom in bitcoin to restore the companys access to its own. Data. But we also advise companies to have a doc website that my son has a website already prepared and now you can go into it for one thing. When you go out and do it all. In the simulation the bank doesnt have a backup website like that the situation is getting worse a photo pops up on twitter the hackers have hijacked a lift at headquarters. 2 years ago Danish Shipping Company mask was hit by the not petty way because days of global havoc mess was eventually able to reinstall thousands of servers and computers from backups that well almost up to date for a while its hard to communicate with clients via whats up. There is never any guarantee or 100 Percent Security as there is always a swelled with risk its always a matter of how much risk are you willing to take on but we can say that there is a certainty that you can train some of these things down to a level where you can reduce the impact of pretend bank now gets an email apparently from one of its executives he says hackers not demanding money and cause huge damage luckily the participants determine that the email is a fake. We just see this red landscape golding very badly and even in i. B. M. We see the vulnerabilities to take this is on the rise because now we have more digital societies so our lives are at texas and that tech is obviously they they tried to make use of that for example a phishing campaigns is something that is reaching very broad and one 3rd of all attacks phishing these simulations help i. B. M. Clients prepare for possible design. Asters in the real world. One of the techniques they use here is to target business travelers on their behaviors in the airport and that could for example be. Setting up fake wife eyes so that when you connect to the airport why fire you think its an airport by 5 but its actually an attacker that has set up and wife i that imitates the airport wife like. It was and nor exciting as i expected to be but in the end i have to say ive ruined a lot of things for example a c. E. O. Has to handle a lot of information all it wants and you have to act as process you can because every minute counts sometimes its such a relief not to be a c. E. O. But a journalist. And of that report got your alarm bells ringing things could get even worse changing your passwords on a regular basis can help but hackers tend to catch up quickly data shows that cyber crime is on the rise hurting Individuals Companies and whole societies eros on facts and figures. How steep is the rise in Cyber Attacks. Very steep attacks on ransomware increase by around 350 percent a year and on the much hyped internet of things its a whopping 600 percent. Where do the hackers come from in 201720 percent came from china 11 percent from the u. S. And 6 percent from russia. Who are the victims 2 thirds of companies with fewer than 1000 staff and experts say that in the next 2 years attacks on medical technology are likely to quarter pull. How much economic damage does it cools. Its estimated that from 2021 onwards it will exceed 5 trillion euros a year and stolen company data accounts for 43 percent of that damage. The digital revolution has created new challenges and new opportunities just think of all those new careers that were created like you tube bloggers or social influences or Everyday Services like Online Banking inconceivable before the internet and in a next step money became digital to cryptocurrency is like bitcoin a seen as highly volatile but as the system doesnt require a Central Authority it can offer an alternative to the restrictions posed by the regulated Banking Sector something many filipinos without Bank Accounts could benefit from. Well it was a bad my choice to clean the house because im the only girl in the family thats why i have to learn how to clean them up but then my. Rubella cruises growing up without her mother and taking on the responsibilities of an adult. In my last moments left in the philippines. I miss her because it feels like i dont have a mother. And sensing mama shes working in dubai for us. That about his have to. Live shes working to pay for school. Shes working to be able to give us what she dreams all for us. This is. Terrible as mother is one of 10000000 filipinos working abroad because of the lack of jobs in her own country she sends money home every month its usually a little more than 200 euros arabella and her father go pick it up in the city. She uses private companies to send the money rather than banks and they take a 10 percent commission. 80 percent of filipinos cant open a bank account and get cash from an a. T. M. Start ups that work with crypto currency can help. Going is really a decentralized Financial System doesnt mean a government it doesnt have Central Authority its interoperable its global its borderless basically its an option for people who. Are excluded from the existing systems customers can use me where as platform to buy and transfer bitcoin at a reasonable rate the start up makes most of its profit from trading with the crypto currency hes betting on prices going up in the philippines theres 15000000000 people younger than that are 24 and below and they are tech savvy theyre not afraid of technology theyre not afraid of these told you know world because of dont trust the banks. Its kind of like brewing you know like we see a perfect storm for this kind of technology that they call. Even established institutions like the countrys central bank. Potential its approved more than 30 cryptocurrency platforms but it also wants to have some control over the technology. We did this allow the use of Virtual Currencies like the theory. Is that the regulated entities that actually accept. These guys of Virtual Currencies because once you regulate the. Requirements. The philippines has approved more crypto currency providers than practically any other country on the planet. The prevalence of mobile phones in todays world has been a massive boon to financial startups. So big that people go to the virus. Was 1st put banking to the. Scene of the banks of the bank. By putting. Them back in the smart interim much more accessible canuto launched has out this year it allows users to pay for things and transfer money directly via smartphone you know were not here to disrupt the existing systems are here to work with them and to connect with them and we want everybody to benefit. By connecting our up to existing systems you know it makes it it makes that transition easier. For a bell as parents also have phones so they could soon benefit from the Technology Although thats small consolation to the family right now there are below hopes that when she has children she wont have to leave them to find work she just wants to see her mother again. I wish we can all understand now youre up to date on the digital revolution thats it from nate this week will. For which to you joining us again next week until then good bye and a few busy. One surprise helmut kohl is now also worlds most powerful woman chancellor merkel. The refugee crisis her words we can do this once down in history immigration also the most compassionate but also controversial. Well look back at americas 14 years as the german chancellor in honor of her 65th birthday to a system its the and. I think is everything challenging 1st im a muslim. So much different culture between here and there challenging for every player. In the syllabus i think it was worth it for me to come to germany. Got my license to work as a swimming instructor and be sure now our 2 children mother dont subscribe ourselves to. Whats your story take heart sheriff info migrants god let. Slip. Carefully. Soon. To get. Discovered. Subscribe to the documentary on the tube. Geminis lucilla fund a line has made history as the 1st woman picked to serve as a Commission President lawmakers at the European Parliament have confirmed the former German Defense minister will fill the post for the next 5 years its the most important job in the block and shes vite it in by a narrow margin fundal on his pledge to make fighting Climate Change her top priority and an exclusive interview she told you should bring a divided europe back together to europe