building bridges & breaking down walls: making blockchain ... · perception vs reality: ......

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)

Sandra@uwincorp.com

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 RoSandra@uwincorp.com

USA: +16462705113UK: +447867970913Twitter: @srolondon