Are you ready to get out of the CAVE
i want you to imagine
we are inside a deep cave
prisoners from the day we are born
our bodies cannot move
i cannot see what is happening around
the cave my head
is only looking straight
fixed in one position
facing the wall of the cave
i’m capable to move
i hear only some noises but i cannot
turn behind
gray and black it’s the only colors that
i
see the people on the back
carrying models of wooden stone
of trees animals people
figures now what you see in front of you
this is a shadow of an eagle
look a shadow of a horse and a shadow of
a cree of a tree
all grey somebody’s coming to get me he
drags me to the exit
and slowly slowly i open my eyes
and i see the true colors i see the true
colors of the sea
the sea is blue the sky is blue
the trees are green and look
there is an eagle flying
you are living in a falsehood you need
to go to the light you need to see the
real
truth you need to go
out this electronic cave what you see in
front of you
is this real how you will feel if you
are operated by a doctor who is not
really a doctor
how you will feel if you were taught by
professor that this is not really a
professor
and how you will feel if you fly with a
pilot which is not really a pilot
knowledge is power that can help the
people to live a better world
but how we can gain knowledge knowledge
is formulated out of data emotions
and feelings and all of this
is the base of our decisions and
lead us to the wisdom how you will feel
imagine if you have true immutable
validated
information and transparent
are you gonna make the same decisions
no because now you will have the power
did you know in 2018
the u.s department of health and human
services announced
the largest health care fraud involving
600 people among them
165 doctors
and medical professionals for
falls in billing but
also for calling diagnosis of
more than three thousand patients
2013 according to bbc
there were 3 000 certificates sold to uk
buyers and
they were including mscs and phds there
in 2020 pakistan
international airlines granted 150
pilots over the claims that they may not
hold a valid license
every day records are stolen
or lost in this stage
every day 6 million every hour around
258
000 and every minute around 4
- because my background is risk
management
as you heard from a young age i learned
to
develop a mindset to always exploit
opportunities and manage threats
i always remember myself having this if
then statement system in my mind if this
happened
what so if you ask me today
what is the best tool of storing
managing data in a chronological order
immutable secure validated
and which is the best tool of fighting
the risk of fraud
mismanagement information but also
exploit opportunities
of collaborating with people it’s called
blockchain so when i used to work in
rolls-royce
i used to lead a project for low
probability and high
impact risks for the global supply chain
so this this project
made me to realize and understand how
important is for organization to be
prepared
and be proactive and be reactive
so this process gave me the opportunity
to understand the importance of a
visibility
of immutable information in case of a
crisis
believe me it’s very crucial
earthquake it gave me the opportunity to
see how important
is to be prepared trust your colleagues
suppliers and be in an ecosystem that
can work as a part of
the whole in other words as we greek
said
viola so
covet made us to rethink the way that
we operate communicate collaborate and
this situation
pushed us more where to our electronic
cave did you feel that
so isn’t it time to get out is any time
to rethink
how we use technologies for improving
what are happiness
the happiness of the whole of the olin
so blockchain is bringing us one step
further where
to the old so what is blockchain
so blockchain is an append database
as my as pro marinos and mr claire’s
just described it
yesterday but for me it’s a magic book
so a type of a distributed ledger which
involves both
independent parties the nodes
is a technology which its architecture
is based on a network on an
internet infrastructure that we allows
all the parties to be involved to
communicate
and exchange validated information
so the power is distributed
to the nodes so the power is distributed
to the all long to the whole so
each node holds the exact copy of the
ledger
in time so it’s
impossible it is impossible
to remove it from the database
and a hashing function is really really
important that
on that but there is nothing more like a
time stamp you know
have you do you know when i was in
england i used to ask my mother okay i
need to save this document in time and
she said okay just go to the post office
seal it send it with us a national post
office
just make a picture next to a newspaper
and it is time stamped as well
so this is the timing stamp action for
very fine atheisticity of the document
and actually this is invented back on
the 90 by harper destorneta so it’s
nothing new
so remember blockchain is a change of
blocks
each blocks two leads to another
so each block incorporates the hass
impaction two of the previous one
and we can trace back to the first block
which is called
the genesis again i know i’m greek which
is called
it’s the work the greek work which is
symbolize the bed
so documents can be hashed and stored
in the blockchain like this so in
general blockchain is a peer-to-peer
system that makes the use of the proof
of work
in general i know there is other types
when a new transaction is initiated is
communicated to all the nodes
participants in the network
each node collects the data
and solves the proof of work the first
one that is going to solve the proof of
work
it’s a case communicated to the rest of
the nodes and the rest of the nodes
accepting validating the transaction
and they work on developing the next
block
in the chain so you may hurt him
satoshi nakamoto is the father
of the blockchain just to let you know
transmission
protocols and internet protocols were
invented back in the 60s
so the a decentralized way was already
invented on the city
60 so what satoshi nakamoto did
he work on a cryptographic hash
in a peer-to-peer network for
transmitting the transferring
information
with trust so some they call it the
trusted layer of the internet
so is this the tool that we will bring
us back the color of the eagle
and the color of the of the sky for many
blockchain is synonymous with bitcoin
but this is the only its first
application
another application very important that
it is now widely used is called them
smart contracts
itself executed immutable
contracts which do legal documents that
stored in the blockchain
this way will allow untrusted parties to
reach
in a in an agreement so the future
we’re never going to say anymore save it
but we’re going to say block it
so there is definite most around and you
need to use
whatever blockchain platform is better
on the situation that you are in
so what we use in the british university
in dubai
back in 2017 we worked with the
university of nicosia
and we implement one of their solutions
uh for uh for academic certificates
but university nicosia is doing that
from 2014
they’re also accepting bitcoins by then
as a form of payments
and it’s a simple process simplicity is
important
is just what you see a document a
document
that is issued by us with digital
fingerprints
with with a blockchain proof and
disseminated to
our students in a form of a pdf
with metadata if somebody wants to
validate this process you need to go
back to our internet web page upload
this pdf
and then voila the validation
but you know what blockchain is not only
that blockchain is an asset
that can open us the opportunity and the
potential of a new model in education
so i imagine a university
the university of holland
university that all internal operations
and administration
process will run with the use
of blockchain a decentralized university
that will have decentralized research
that will have decentralized
programs will have decentralized
academics
a worldwide university that will allow
knowledge to be created
and communicated and to be available
to all because knowledge
its power is power and its belongs
to the all the whispers
of blockchain depending again on its
simplicity on your engagement on the
people engagement
on the government support and we are
lucky
we living in dubai which is embedded
blockchain
in the blockchains in their strategy
from 2016
we are all a part
of something greater
of ourselves we are part of the whole
the older but to live well
we need to function as a part of olon
you know a damage to a cell
can cause a damage to the whole organ so
we have a responsibility
to be true real
and keep the whole system healthy
and knowledge is our weapon plato
taught his students that all of us
want to be a part of something higher
which the world that we see is only a
small part
all of us he said need to crawl out of
the cave
of the darkness and ignore us and walk
into the light
this is the way to happiness for an
individual
and a society
you