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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

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Page 1: Building Bridges & Breaking Down Walls: Making Blockchain ... · Perception vs Reality: ... Payer Administration & Big Data Management 3) Invoicing and Payment Reconciliations =>

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)

[email protected]

Twitter: @srolondon

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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’

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Evolution of Transfer of Value

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Barter Gold Fiat Currency 2008: White Paper2009: Bitcoin protocol released

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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

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What is an ICO? Initial Coin Offering

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Source: https://www.icodata.io/stats/2017

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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

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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

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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

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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

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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

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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)

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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?

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Thank you for your time!

Sandra [email protected]

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