Building Bridges & Breaking Down Walls: Making Blockchain ‘Real’ (and for Good)
Sandra Ro
Cofounder, Managing Partner & COO, UWINCorp Ltd
CEO, Global Blockchain Business Council (GBBC)
Twitter: @srolondon
Perception vs Reality: The World of ‘Magic Internet Money’
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Topics
• Blockchain Pre-2017: Financial Services and Disruption of ‘Money’
• Blockchain 2017: Cryptocurrencies & ICO Mania
• Blockchain 2018: Commercial and Growth Opportunities
• Real world use cases: • Including ‘blockchain for good’
Evolution of Transfer of Value
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Barter Gold Fiat Currency 2008: White Paper2009: Bitcoin protocol released
CryptoAssetClassification
Cryptocurrencies
(e.g. bitcoin, ether, litecoin, zcash, monero)
Digital Assets
(e.g. UK’s Royal Mint Gold (RMG), Digix Gold)
Digitized Fiat Currencies
(e.g. digital central bank money)
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Cryptocurrencies: Largely Ignored until 2017…
Source: https://coinmarketcap.com/ 6
What is an ICO? Initial Coin Offering
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Source: https://www.icodata.io/stats/2017
Blockchain Technology: Where are We Going?
2017
Blockchain 2017: Cryptocurrencies & ICO Mania
2018
Blockchain 2018: Commercial and Growth Opportunities
• Blockchains’ infrastructure evolution
• Real world use cases, including ‘blockchain for good’
• Impact across industries and geographies
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Cybersecurity
Compliance and
Regulation
Coordinating Business
Processes
Maintaining Transparency and
Trust
Contract Enforcement
Governance
Safeguard Property
Rights
Repair Trust Protect Sensitive
Data
Promote
SustainabilityAssist in Workforce
Development
Audit and
Financial Controls
Shape the
Future of Work
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Benefits:
• Distributed, decentralized architecture
• P2P trustless transaction system
• Security: encrypted key signatures
• Timestamping, linear recording of records
• Transparency
• Fraud mitigation
Challenges:
• Public vs private blockchains
• Scalability
• Confidentiality
• Privacy
• Private key vulnerability
• Inter-operability of multiple blockchains
Blockchain? No, Blockchains, Many Blockchains
Some Blockchains to Know
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Smart Contracts: Programmable Processes + IoT?
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Blockchain 2018 Trends
Geographic distribution and growth
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Countries and/or Governments Advancing Blockchain Development
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Mauritius: Small Island, Big Ambitions
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Mauritius Blockchain Center of Excellence
Sovereign Indigenous Plant Intellectual Property
Mauritius Pilot:
• Register sampled indigenous plants onto UWIN’s blockchain-based registry platform
• Validate the market valuation process
• Determine legal IP capture and protection approach with international organisations
• Replicate Mauritius pilot across pipeline of islands / sovereign nations
Opportunity Drivers• Many of the indigenous plants of
the world are used for pharma/medicinal /cosmetics
• Native owner/nations are not often compensated for their natural resources
• Lack of formalized infrastructure for licensing & IP documentation of indigenous plants & seeds
UWIN: Unleashing Wealth in Nations: Empowering nations of the world to unleash the dormant wealth in indigenous ‘Genetic Assets’
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Blockchain 2018 Trends
Geographic distribution and growth
Government and regulatory engagement
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Blockchain Consortia & Regulatory Sandboxes
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Blockchain 2018 Trends
Geographic distribution and growth
‘Going mainstream’ across industries – use cases
Government and regulatory engagement
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Potential Use Cases for
Blockchain
2017: Real World Use Cases for Blockchain
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Proliferation of Healthcare Use CasesTop Use Case Areas:1) Provider Licensing &
Credential Verification
2) Payer Administration & Big Data Management
3) Invoicing and Payment Reconciliations => cost reduction
4) Medication monitoring & supply chain tracking (+IoT)
5) Public Health Surveillance & Population Health Management
6) Predictive Markets & Price Transparency
Blockchain Technology: Benefits & Risks
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Potential Benefits:• Non-siloed Information Sharing• Increased Data Security• Transparency• Fraud Mitigation (Medications,
Credentials)• Cost Reduction• Payment Efficiency• Enhanced Patient & Provider
Experience• Predictive, Proactive Decision Making
Potential Risks:• Multiple Blockchains’ Interoperability
(e.g. Cosmos, PolkaDot)• Regulations & Jurisdictional Arbitrage
(similar to financial services)• Technology Convergence Implications
(AI, IoT, Quantum Computing, Robotics, Blockchain)
• New Technology Leapfrogs Blockchain• Too Much Hype, Not Enough Building!• We Recreate GAFAA World (=> Google,
Apple, Facebook, Alibaba, Amazon)
Final Thoughts: Non-Financial Industries & Blockchains
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EnvironmentHow do we better manage water / natural resource distribution and prices?
Real EstateHow to make home ownership affordable for all?
Entertainment / MediaHow to help independent artists raise capital and build sustainable businesses?
EnergyHow to help create secure and low cost energy for all?
Thank you for your time!
Sandra [email protected]
USA: +16462705113UK: +447867970913Twitter: @srolondon