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1
Blockchain –
Bright Opportunities
16th November 2020
By Fawaz Shakralla
Linkedin: Fawaz Shakralla
2
3
Our Agenda
Part 1. Current Reality
- COVID-19 Impact on companies
- Blockchain Career options
- WEF – The Future of Jobs Report 2020
- Blockchain Opportunities
Part 2. The Next Reality
- Blockchain Solving Business Problems
- Blockchain & Emirates NBD
- Blockchain and Education
- MetroCoin - Blockchain for the Government
4
Part 1. Current Reality
- COVID-19 Impact on companies
- Blockchain Career options
- WEF – The Future of Jobs Report 2020
- Blockchain Opportunities
5
Since 2000, 52 percent of companies in the Fortune 500 have either gone
bankrupt or ceased to exist as a result of digital disruption.
*https://hbr.org/sponsored/2017/07/digital-transformation-is-racing-ahead-and-no-industry-is-immune-2 - 19-JUL-2017
AI, RPA, ioT, automation, blockchain
6
COVID-19 Impact on Companies
01
Customer are
more demanding
than ever
Effect
High risk of churn
Customers leaving to your
competition
The 80/20 rule:
80% of sales come from 20%
of customers
How to prevent your
top 20% of customers from
Leaving (Churning)
Innovative Tech
7
Existing vs
Acquiring
It costs 3x less to maintain existing
Customers
Than to acquire new customers
e.g. mobile service
Innovative Tech Customer
Experience
Innovative Tech
AI, IOT, Blockchain, RPA
8
AI
IOT
BLOCKCHAIN
RPA
Improve products and
services.
Improve customer experience
Reduce operating costs
Increase revenue, reduce time
to market, Reduce Churn rate
8
Digital Transformation
Goal: provide highest quality of service with the most
competitive price points
9
Demand for Innovative
Technical Skills
Specializations New Skills set
Innovative Technology
AI, IOT, Blockchain, RPA, Cloud
10
-Over 20,000 companies surveyed globally
-Technology adoption in firms
-National + multi-national firms (>100 staff)
11
*http://www3.weforum.org/docs/WEF_Future_of_Jobs_2020.pdf Legend: DIGICIT = Digital Communications and Information Technology, ENG = Energy Utilities & Technologies; HE = Health and
Healthcare; MIM = Mining and Metals; OILG = Oil and Gas ; PS = Professional
Services; TRANS = Transportation and Storage.
12
*Page 114 of Report
13
*Page 102 of Report
14
Proof !
www.Blocktribe.com
15
Why blockchain and what makes it
an attractive technology
16
Financial Crisis of 2008/2009,
- The Wall Street banks
- Bailout of AIG, Fannie Mae,
- US Government TARP
- A CEO has unlimited power which
can contribute to fraud activities
- Bitcoin was born
Vitalik Buterin
World Economy
17
17
Financial Services,
allocation of assets
Smart Contracts
Certificate of records, birth
certificates, documents
authenticity, government
issued ID’s – again fraud
cases
Records Registration
Security Token Offering
In a Market place
Smartlands.io (UK).
STO
Token allocation of
assets, real estate,
stocks, bonds
Token Share Ownership
A new economic model
18
3. Blocks
Has 100 to 120 transactions on
it
Blocks are never deleted or
altered
Permanently recorded
1. Open Ledger
Open source
Transactions cannot be altered
No central authority
2. Transactions
Has date/time stamp
sender/receiver
An account address – hexa
4. Decentralized
No central authority
No gross settlement system
Transactions occur in real time
Transactions and blocks
18
Smart contracts, records registration,
Crypto currency
19
Part 2. The Next Reality
- Blockchain Solving Business Problems
- Blockchain & Emirates NBD
- Blockchain and Education
- MetroCoin - Blockchain for the Government
20
Fake certificates,
Masters, PhD’s etc.
Education
Fraudulent Official ID’s
Birth cert, fake
passports, death cert,
Fraud
Real estate assets,
government projects
Funding limitations
QR Code on Certificates
Records Registration
QR Codes on
documents records
Records Registration
Token offering for a
global market
Smartlands.io (UK)
STO
20
Solving Business Problems
Advantages: Reaching a global market, cost reduction,
security/transparency
Business Problem Blockchain Solution
21
Emirates NBD registers cheques on a
blockchain.
“This initiative will significantly strengthen
our risk and security management
processes, particularly reducing cheque
fraud.” – Abdulla AlQassem Group COO
Ponder:
Did Emirates NBD require to use
Blockchain in this use case?
21
22
Quality of Services
- Perception of service quality
Innovative Services
- Market lead in new services
Reduced Cost
- Reducing head count in the Fraud
management department
Customer Loyalty
- Retained existing customers
- Reduced customer churn rate
Customer Acquisition
- New customers
Benefits Gained
Was it worth the investment?
23
This revolutionary solution will save
time, effort and resources by
enabling these institutions to
securely issue credentials on
blockchain,
Avoiding forgery of paper-based
certificates and creating an
educational passport where
credentials are easily shared with
third parties, who can verify their
authenticity seamlessly.
**https://www.unlock-bc.com/news/2020-09-21/uae-etisalat-digital-to-deploy-blockchain-education-certificate-platform
SmartWorld Etisalat - Shahada
24
Blockchain for
Metro Station
Token Share
ownership
Sharjah to Dubai
Solving the problem of funding
limitations, and offering an STO to
benefit the public
25
Career vs Startup
Trial accounts are available
26
➢ Job security
➢ Events management, travel,
hospitality, consumer retail
➢ Upgrade skill sets which are in
demand -> Digital Transformation
➢ Improve employment rate
➢ Skill set → Satisfy a business need
➢ Follow your passion → Passion
must satisfy a business need.
➢ Career vs Entrepreneurship
➢ List your passions, serves a business need, What skill set needed
COVID-19 Impact
> e.g. – Passion = Marketing -> Big Data (Gowth Hack)
27
NLP: Your motivation type…
Towards a Goal / Objective?
- Reach a certain career level
- Launch a startup – founder/co-cofounder
Away from a pain area/negative situation?
- Avoid being displaced in job market
- Always be in high demand
> Upgrading your skill set applies to both
> Combine passion + Motivation type
28
Options to upgrade your skill set
29
www.ResumeWorded.com
30
Conclusion
Part 1. Current Reality
- COVID-19 Impact on companies
- Blockchain Career options
- WEF – The Future of Jobs Report 2020
- Blockchain Opportunities
Part 2. The Next Reality
- Blockchain Solving Business Problems
- Blockchain & Emirates NBD
- Blockchain and Education – Shahada program
- MetroCoin - Blockchain for the Government
31
32
The End..
33
34
Cheque Verification
- Customer opens the Emirates NBD App
and scans the QR code on the cheque
Cheque Amount Verification
- In the Emirates NBD app, customer
can check enough funds in the
account
Cheque Amount on hold
- Customer can place amount on hold until
cheque is cleared,
Service Features

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Blockchain bright opportunities_16-nov-2020_v2

  • 1. 1 Blockchain – Bright Opportunities 16th November 2020 By Fawaz Shakralla Linkedin: Fawaz Shakralla
  • 2. 2
  • 3. 3 Our Agenda Part 1. Current Reality - COVID-19 Impact on companies - Blockchain Career options - WEF – The Future of Jobs Report 2020 - Blockchain Opportunities Part 2. The Next Reality - Blockchain Solving Business Problems - Blockchain & Emirates NBD - Blockchain and Education - MetroCoin - Blockchain for the Government
  • 4. 4 Part 1. Current Reality - COVID-19 Impact on companies - Blockchain Career options - WEF – The Future of Jobs Report 2020 - Blockchain Opportunities
  • 5. 5 Since 2000, 52 percent of companies in the Fortune 500 have either gone bankrupt or ceased to exist as a result of digital disruption. *https://hbr.org/sponsored/2017/07/digital-transformation-is-racing-ahead-and-no-industry-is-immune-2 - 19-JUL-2017 AI, RPA, ioT, automation, blockchain
  • 6. 6 COVID-19 Impact on Companies 01 Customer are more demanding than ever Effect High risk of churn Customers leaving to your competition The 80/20 rule: 80% of sales come from 20% of customers How to prevent your top 20% of customers from Leaving (Churning) Innovative Tech
  • 7. 7 Existing vs Acquiring It costs 3x less to maintain existing Customers Than to acquire new customers e.g. mobile service Innovative Tech Customer Experience Innovative Tech AI, IOT, Blockchain, RPA
  • 8. 8 AI IOT BLOCKCHAIN RPA Improve products and services. Improve customer experience Reduce operating costs Increase revenue, reduce time to market, Reduce Churn rate 8 Digital Transformation Goal: provide highest quality of service with the most competitive price points
  • 9. 9 Demand for Innovative Technical Skills Specializations New Skills set Innovative Technology AI, IOT, Blockchain, RPA, Cloud
  • 10. 10 -Over 20,000 companies surveyed globally -Technology adoption in firms -National + multi-national firms (>100 staff)
  • 11. 11 *http://www3.weforum.org/docs/WEF_Future_of_Jobs_2020.pdf Legend: DIGICIT = Digital Communications and Information Technology, ENG = Energy Utilities & Technologies; HE = Health and Healthcare; MIM = Mining and Metals; OILG = Oil and Gas ; PS = Professional Services; TRANS = Transportation and Storage.
  • 12. 12 *Page 114 of Report
  • 13. 13 *Page 102 of Report
  • 15. 15 Why blockchain and what makes it an attractive technology
  • 16. 16 Financial Crisis of 2008/2009, - The Wall Street banks - Bailout of AIG, Fannie Mae, - US Government TARP - A CEO has unlimited power which can contribute to fraud activities - Bitcoin was born Vitalik Buterin World Economy
  • 17. 17 17 Financial Services, allocation of assets Smart Contracts Certificate of records, birth certificates, documents authenticity, government issued ID’s – again fraud cases Records Registration Security Token Offering In a Market place Smartlands.io (UK). STO Token allocation of assets, real estate, stocks, bonds Token Share Ownership A new economic model
  • 18. 18 3. Blocks Has 100 to 120 transactions on it Blocks are never deleted or altered Permanently recorded 1. Open Ledger Open source Transactions cannot be altered No central authority 2. Transactions Has date/time stamp sender/receiver An account address – hexa 4. Decentralized No central authority No gross settlement system Transactions occur in real time Transactions and blocks 18 Smart contracts, records registration, Crypto currency
  • 19. 19 Part 2. The Next Reality - Blockchain Solving Business Problems - Blockchain & Emirates NBD - Blockchain and Education - MetroCoin - Blockchain for the Government
  • 20. 20 Fake certificates, Masters, PhD’s etc. Education Fraudulent Official ID’s Birth cert, fake passports, death cert, Fraud Real estate assets, government projects Funding limitations QR Code on Certificates Records Registration QR Codes on documents records Records Registration Token offering for a global market Smartlands.io (UK) STO 20 Solving Business Problems Advantages: Reaching a global market, cost reduction, security/transparency Business Problem Blockchain Solution
  • 21. 21 Emirates NBD registers cheques on a blockchain. “This initiative will significantly strengthen our risk and security management processes, particularly reducing cheque fraud.” – Abdulla AlQassem Group COO Ponder: Did Emirates NBD require to use Blockchain in this use case? 21
  • 22. 22 Quality of Services - Perception of service quality Innovative Services - Market lead in new services Reduced Cost - Reducing head count in the Fraud management department Customer Loyalty - Retained existing customers - Reduced customer churn rate Customer Acquisition - New customers Benefits Gained Was it worth the investment?
  • 23. 23 This revolutionary solution will save time, effort and resources by enabling these institutions to securely issue credentials on blockchain, Avoiding forgery of paper-based certificates and creating an educational passport where credentials are easily shared with third parties, who can verify their authenticity seamlessly. **https://www.unlock-bc.com/news/2020-09-21/uae-etisalat-digital-to-deploy-blockchain-education-certificate-platform SmartWorld Etisalat - Shahada
  • 24. 24 Blockchain for Metro Station Token Share ownership Sharjah to Dubai Solving the problem of funding limitations, and offering an STO to benefit the public
  • 25. 25 Career vs Startup Trial accounts are available
  • 26. 26 ➢ Job security ➢ Events management, travel, hospitality, consumer retail ➢ Upgrade skill sets which are in demand -> Digital Transformation ➢ Improve employment rate ➢ Skill set → Satisfy a business need ➢ Follow your passion → Passion must satisfy a business need. ➢ Career vs Entrepreneurship ➢ List your passions, serves a business need, What skill set needed COVID-19 Impact > e.g. – Passion = Marketing -> Big Data (Gowth Hack)
  • 27. 27 NLP: Your motivation type… Towards a Goal / Objective? - Reach a certain career level - Launch a startup – founder/co-cofounder Away from a pain area/negative situation? - Avoid being displaced in job market - Always be in high demand > Upgrading your skill set applies to both > Combine passion + Motivation type
  • 28. 28 Options to upgrade your skill set
  • 30. 30 Conclusion Part 1. Current Reality - COVID-19 Impact on companies - Blockchain Career options - WEF – The Future of Jobs Report 2020 - Blockchain Opportunities Part 2. The Next Reality - Blockchain Solving Business Problems - Blockchain & Emirates NBD - Blockchain and Education – Shahada program - MetroCoin - Blockchain for the Government
  • 31. 31
  • 33. 33
  • 34. 34 Cheque Verification - Customer opens the Emirates NBD App and scans the QR code on the cheque Cheque Amount Verification - In the Emirates NBD app, customer can check enough funds in the account Cheque Amount on hold - Customer can place amount on hold until cheque is cleared, Service Features