An assessment of what governments and corporations need to do to ensure blockchain technology is a success and realise its potential. Presented by Jamie Burke at the Future Blockchain Summit in Dubai on the 3rd May 2018.

1. Assessing Critical Success
Factors
What governments and corporations need to do to
ensure blockchain technology is a success and
realise its potential

2. Agenda
1. What is ‘success’?
2. What is the potential?
3. What can enterprise do?
4. What can govts. do?

3. What is success?
• A more equitable web
• Where users interests aligned with the network
• One that is open and inclusive
• One that is privacy respecting

5. Existential Threat
B A I D U
A L I B A B A
T E N C E N T
F A C E B O O K
A M A Z O N
A P P L E
N E T F L I X
G O O G L E
Data monopolies, become AI monopolies

6. 360 of economic activity
Bots as next Web interface
Autonomous Systems (smart home,
energy grid, vehicles)
Adaptive Manufacturing (edge
production & responsive design)
Increasing reliance on IBM Watson,
Google, Uber etc
HEALTH
MOBILITY
EGOVT
INDUSTRY FINTECH
Convergence
Economy

7. Enterprise*
- Relevancy in
Web 3
- New biz lines
- Means to
confidently
engage with
‘start-ups’
Govts
Efficiencies
Less lock-in
More
competition
&
innovation
- Tax revenue
- Employment
- Data privacy
- Sustainable
economic growth
Trade offs? Less state?Disruption?

8. What is the potential?

9. Web 3 Stack
Web 2 Antidote
Distributed Ledger Technology
Digitally Scarce Assets
Smart Contracts
Autonomous Economic Agents

10. Coordinate Mass Decentralisation of
Networks Web

11. Incentivise
distributed
networks to
contribute
resources to.. AI
compute power,
data, curation,
training, code

12. Creating codified universal standards
like HTTP, SMTP or GPS for Web 3
(IdentitySovrinFoundation)

13. Evolutionary
Less Fragile
Cant be bought
Cant be killed

14. Socio-economic
experiment
Shift from proprietary
startups to digital
economies
Hardcode game theory:
change the game
Incentivise / disincentivise
behaviors
Align stakeholders to
optimise system

15. Go beyond ledgers (as an accounting
tool) to economic systems (as digital
marketplaces)

16. Enterprise
Physical infrastructure / hardware /
integration / UX

17. Usability
DLT is not developer ready let alone end user
Need entirely new infrastructure (samsung)
Enterprise software / services companies are
making usable and interoperable (BaaS)
Which will accelerate adoption
Introducing pragmatism over early dogmatism

18. Enterprise
● Focus on hard work of process & integration
● Use data to focus on services / specialised
intelligence (AEAs)
● Reduce closed dependencies & open up data
● Stop patent blocking / contribute code
● Join foundations / create consortia
● Invest strategically into tokenised infrastructure /
commodities as wholesalers

19. Governments
Integration / harmonisation /competition

20. Larger states
Japan & S Korea
(integrating)
China (capital controls)
India (cashless economy)
US (restrictive / protective
investor accreditation)
Smaller states
Malta, Singapore, Zug,
Estonia, Gibralter
Low tax / liberal investor
Libertarian e-citizenship
AI personhood (Saudi)

21. Competitive
Environment
France G20 / EU wide Frameworks
UK Crypto Asset Taskforce
/ post Brexit industrial policy
US VC safe-harbor lobbying

22. Governments
● Regulatory sandboxes / safe-harbours for crypto
assets
● Tax incentives for profits derived from open sourcing
of technology
● Reduce closed proprietary AI dependencies
● Extend self sovereignty & open data initiatives
● Regulate out platform monopolies
● Embrace and integrate new digital economies or be
excluded

23. Patents
IBM or The People’s Bank or Chinese State no 1?!
Note : Data Sourced from Google’s Patent Search Engine.

24. Holistic Approach
Convergence Thesis
● Data Collection
● Authenticate,
validate & Secure
● Transport
● Marketplaces
● Process, Analyse &
Automate
www.outlierventures.io/research

25. Divider
@jamie247
www.outlierventures.io
@OVioHQ

26. Appendix

27. CVC Activity
Because ultimately
these are marketplaces
creating economic
systems
Integrating into existing
financial systems for
compliance to bring
online regulated
acitivies
Readying for
institutional money
(e.g. custody)
$1.8 billion raised

28. POCs
POCs verticals
expanding but largely
Hardware to secure
networks (Samsung /
mining)
Consumer Dapps
(wrong) also
gamifaction e.g.
Kodak / Atari

29. Govt Innovation
Govts. are slowly integrating
blockchains into public
services.
Dubai champion 2020 vision
around smart city initiative
Petitions & voting (Brazil),
land registries (Russia &
India), fiat pegged crypto
(Singapore)
*Note : Data highly qualitative in nature. Graphs indicate histograms for scores allocated across 50 nations
centralignoring

30. Permissive
Undecided
Hostile
Unknown
Regulatory Index
In order to better understand
the nature of regulations
around the world, we rated
nations on a scale of 1 to 5 for
their approach to tokens, ICOs
and blockchain innovation for
50 nations. The map
represents the average of the
scores allocated across the 3
parameters.
Global Regulatory Map

31. ● On a scale of 1 to 5, 1 would represent
hostility, 3 would represent considerations /
warnings and 5 would mean national
endorsement of the project.
● Most regions stand on the sidelines when it
comes to regulating Bitcoin. Regions that
considered Bitcoins as a legal form of
payment often required high AML and KYC
requirements.
● A handful of nations have placed complete
bans on tokens as a payment method.
● The Reserve Bank of India has requested
banking infrastructure in the region to avoid
working with token exchanges.
Bitcoin regulation is on the rise
*Note : Data highly qualitative in nature. Graphs indicate histograms for scores allocated across 50 nations
restrictive integrated

32. ICOs
China / Russia ban
US – all securities /
subpeonas
*Note : Data highly qualitative in nature. Graphs indicate histograms for scores allocated across 50 nations
permissivehostile

33. Web’s new biz model
Open source, tokenised, fractionalised
& liquid … crowdfunding 2.0
For universal open public utilities

34. Creating codified standards like HTTP,
SMTP or GPS… both universal or to
scalespecificdeeptech
(IdentitySovrin)