Acclaimed author William Mougayar will describe a technology that will allow organizations to reinvent field after field – blockchain – at The WORLD FUTURE CITIES SUMMIT.
Blockchain has been called a “core Innovation” by Internet pioneer Marc Andreessen. The technology is a decentralized digital ledger that’s accessible to millions of users and is cryptographically secured, making it tamper-proof. Since everyone has identical copies of that ledger, changes are added instantly and data is protected even if a few people are hacked. Blockchain can help make transactions happen automatically, making it faster and cheaper. Even the U.S. Postal Service is getting onboard, for package delivering, tracking transactions over the Internet of Things, and setting up a banking service for those people who are no yet part of the banking economy.
“The blockchain is destined to impact smart cities,” said Mr. Mougayar. “There are key questions every municipality should be asking itself: How do we prepare for it? What can we do to plan for a new world of blockchain-powered capabilities that will touch government services, healthcare delivery, and public utilities? Blockchain is as significant as the Internet itself. If you are not planning for a future that encompasses blockchain, you are not planning a future at all.”
William is the author of the book, The Business Blockchain: Promise, Practice and Application of the Next Internet Technology (Wiley, 2016). He is the General Partner at Virtual Capital Ventures, an early stage venture capital fund, and currently on the Board of Directors of OB1, the OpenBazaar open source protocol that is pioneering decentralized peer-to-peer commerce, a Board Advisor to the Ethereum Foundation, a member of OMERS Ventures Board of Advisors, an Advisory Board member to the Coin Center, and founder of Startup Management.
The WORLD FUTURE CITIES SUMMIT shows what India, America and many other countries and cities around the world are doing to become Smart Communities. From practical examples to new concepts like Blockchain, the SUMMIT prepares Mayors, CEOs and community leaders for a future where success is totally dependant on smart people using smart platforms.
More detail on the SUMMIT can be found in the URL above; here in addition are SUMMIT References from trade press articles:
- Pratap Padode, founder & director, Smart Cities Council India: India’s lessons for Canada
- Craig Settles, broadband expert: broadband is the “killer app” for communities
- Patricia McCarney, Director Global Cities Institute: a clear vision of where wealth and future jobs will come from
The SUMMIT runs from June 9-10 at the MaRS Centre in Toronto. For more information please contact: