GET READY ... BLOCKCHAIN MASTERCLASS DUBAI ... MEDIA ROTANA
'This (Blockchain) technology represents nothing less than the second generation of the Internet, and it holds the potential to transform money, business, government and society' - Time Magazine
08 FEBRUARY 2018 REGISTER NOW
OVERVIEW
BLOCKCHAIN has brought on a fundamental shift in the way we carry out business transactions, banking, education, governance and pretty much everything else. Blockchain has been publicized to be the next generation of internet as it is no less transformative in its potential to liberate the commercial and business world than the advent of Internet that proliferated global exchange of information.
BLOCKCHAIN is not limited to financial instruments such as Bitcoin or fin-tech but can be applied to domains such as business, governance. Implementing Blockchain technology to Healthcare, Travel, Real Estate, and Energy, voting can bring higher efficiency and increased transparency.
• Airlines can provide its assets such as seats of cargo to customers directly without costly intermediaries.
• Real estate can bring absolute transparency by providing Blockchain based immutable verifiable public ledger for all real estate transactions.
• A Blockchain-based voting system can secure voter registration and identification and also provide a robust verifiable voting system which the voter can use to ensure that his/her vote is recorded correctly.
• A Blockchain based tax processing system can ensure higher transparency for both the payer and the government resulting in reduced costs and increased participation.
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BLOCKCHAIN combines the power of Peer-to-peer technology with strong encryption to facilitate a secure, distributed ledger that overcomes the problems of single point of vulnerability, distribution of data and its control, bandwidth limitations and the problem of double spend. When Dubai announced its Blockchain strategy and the innovative thinking behind the Public-Sector transformation into Blockchain technology, it brought the future right in front of us.
The Emirates government has decided to bring visa applications, bill payments and license renewals under Blockchain technology by 2020. The government has taken concrete steps towards realisation of this goal. Dubai Land Development(DLD) has already launched Blockchain based system for recording all real-estate transactions and linking them with the Dubai Electricity & Water Authority (DEWA), the telecommunications system, and various property-related bills.
So, what does all this hold for the current generation of executives who want to leverage Blockchain for shifting their business or transaction systems? What kind of framework is suitable for Blockchain adoption and how to leverage the framework without disrupting the legacy systems such that all role holders, from investors to customers have minimal constraints while transferring to the new framework? These are some of the pertinent question that need to be answered as the shift in the economic systems and transactions have already started and the early adopters of this technology stand to gain the most.
Join industry leaders, developers, and leading investors at The Blockchain Masterclass to discuss all the opportunities, challenges and exciting possibilities in innovation and disruption that can be leveraged using this technology.
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INSTRUCTOR PROFILE
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SUHAIL BASIT
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Senior Director Technology
SUHAIL BASIT brings in global Financial Services and Technology background along with proven business acumen. He has spearheaded technology initiatives in advanced areas like High-Frequency Algorithmic Trading, Predictive Analytics and Automated Settlements for financial majors such as Merrill Lynch and Bank of New York in UK and USA.
In his latest endeavor, Suhail has set up the Middle East business for a global financial services technology company – from zero to multi-million dollars in annual revenue.
Suhail has a Bachelor’s and Master’s degrees in Computer Science from a premier Indian Institute along with specialized courses from NYU and MIT. He is also a technology advisor and mentor with three FinTech startups.
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FADWA MOHANNA
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Guest Speaker
Entrepreneur FADWA MOHANNA is the co-founder of micity, which addresses the citizens’ concerns in their routine interactions with government entities or large corporations and makes them cost-efficient, seamless, highly secure and enjoyable by harnessing the powers of the latest technologies including biometrics, IoT, AI and Blockchain.
An engineer by training, Fadwa holds an MBA from ESA. She was key in launching large telecom operations in various countries such as Lebanon, Egypt, Morocco, Algeria,Tunisia and the United Arab Emirates and has an extensive experience in building large networks using the latest technologies.She is highly active in the Women’s Entrepreneurs Community where the topics of AI, Data Analytics, Chatbots and Blockchain are high on the agenda.
Fadwa is a blockchain advisor and coach to fortune 500 companies. She is a speaker on the opportunities and implications of blockchain to the existing legacy financial, banking, insurance and many other ecosystems.
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