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So far, the term "cryptocurrency" has been a bit of a misnomer. An estimated 5 percent of Americans own some quantity of bitcoin, most likely purchased in an effort to capitalize on the currency's meteoric rise. In that sense, and because it's virtually useless for day-to-day transactions, bitcoin and other crypto assets have so far looked more like volatile investments than currencies.

To truly understand what a pain procurement can be, it can help to work in government for a while. The difficulties associated with procurement are a necessary evil because the process is designed to stop corruption while ensuring taxpayer dollars are spent appropriately. Still, navigating the rules and red tape has become such an unruly obstacle that there are entire groups dedicated to answering questions solely about the procurement process. Fortunately, there's light at the end of the tunnel.

There's an app for just about everything, but that's not necessarily good news. Think of how many apps for stores and websites sit idly by, cluttering your devices. While the increasing ubiquity of digital technology allows for more detailed, nuanced interactions between an organization and its audience, it often becomes too complicated for its own good.

Navigating the complexities and red tape of the government's procurement process can be daunting for both vendors and buyers. But government workers stand to gain immense benefits from utilizing chatbots to make sense of the procurement process.

Executives and managers need deadline estimates to guide long-term strategy, but when it comes to the day-to-day, Murphy's law reigns supreme. Leaders try to shoehorn big goals into small chunks, team members get frustrated, and everything ends up being finished late anyway.