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Blockchain Adoption
& Social Impact
Maged Eljazzar [CTO of My-V]
Nader Abdelrazik [CEO of My-V]
Cairo Blockchain Meetup Dec. 5th, 2017
Business Design | Social Impact | Systems Thinking
M.Sc. in Technology & Innovation Management <Nile Uni.>
Master’s in International Development <UC Berkeley>
Microsoft | Kiron | Conservation International
Blockchain | AI | Research & Development
M.Sc. in Computer Engineering <Cairo Uni.>
8 Scientific Publications in AI and Blockchain
Botler | IEEE | Udacity
Key Blockchain Structure
Smart Contract Blocks Transactions Inside/Outside
Structure
Blockchain & Social Impact
Case Study
Building Blocks Project
● Challenges with Cash Transfers:
Fees - Privacy - Data Security - Vendors Accountability
● WFP created a crypto-currency vouchers and use ethereum to
record and track all food air transactions
● Pilot Project in Jordan’s Azraq Refugee Camp
○ 10,000+ of beneficiaries
○ $1,000,000 food aid moving through 10,000 transactions
● No funds going to financial services provider - 98% reduction of
banking fees - Data protection - Accountability & Reconciliation
Source: http://innovation.wfp.org/project/building-blocks
Case Study
Combining mobile and
blockchain technology to
increase impact and
accountability of public
services and generate
real-time data.
● Challenges with Early Childhood Development:
Data & Records - Coordination between Services - Operations
● Amply Model: Child → Digital Identity → Service Delivery
● Project is supported by UNICEF and the South African
government. To be rolled-out in Kenya and Nigeria next.
● No funds going to financial services provider - 98% reduction of
banking fees - Data protection - Accountability & Reconciliation
Source: http://amply.tech
Blockchain: Upgrade versus Disruption
The Rise of the Blockchain Economy
Blockchain is the next
Sharing Economy
Democracy, Inclusion, and
Wealth Re-distribution
Disruption Hype
Skepticism towards Blockchain
Job-killing Computing power
Regulation Non-financial assets
Crypto-currency stigma
Speed and size
Blockchain for who?
Business Consumer
● Corporate Culture
● Opportunity Cost / Tangibility
● Understanding
● Talent Pool
● Leader vs. Follower
● Critical Mass
● Dependency
● Understanding
● Early Adopter
● Irrationality
Blockchain Potential in MENA
Early Adoption 2008 <Enthusiasm - Exploration>
Tipping Point 2014 <Recognition - Experimentation>
Only 2-3 years of realization of the potential
● Knowledge gap is small
● Market is open for more entries
● Early movers ripe higher outcomes
● Early movers are leading the knowledge curve
My v   cairo blockchain meetup
Blockchain - Investment
● $$$ than normal seed funds <Talent - Retention>
● Investors doesn’t understand the technology <Risk - Assessment>
● ICOs versus traditional investment <Information - Access>
Blockchain - Talent
● Developers
● Economists / Strategists
● Game Theorists / Researchers / Systems Thinkers
● Blockchain Growth Hackers & Marketers
Blockchain - Approach
● Educating high leverage parts of the network
[Investors - Government - Corporates - Legislators … etc]
● Investing in talent creation
● Tailoring ecosystem services
[One size doesn’t fit all]
Blockchain - Social Impact
Government Businesses Capital Market Consumers
Consumers Social Sector Academia / Edu. Multilateral Org.
Blockchain - Social Impact ($)
Government Businesses Capital Market Consumers
SMEs Social Sector Academia / Edu. Multilateral Org.
Blockchain - Social Impact (Leverage)
Multilateral Organizations
&
Social Sector
Consumer Base
Investment with
openness and less
conditions
Access to businesses -
Strong partnership
portfolio
Access to government-
Strong relationships
portfolio
Work closely with
Academia
Hungry for Technology
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly to research
institutes.
Consumer
Research Companies
Data-collecting Business
Research Institutes
Data-driven Business
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly to research
institutes.
Consumer
Research Companies
Data-collecting Business
Research Institutes
Data-driven Business
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly to research
institutes.
Consumer
Research Companies
Data-collecting Business
Research Institutes
Data-driven Business
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly to research
institutes.
Consumer
Research Companies
Data-collecting Business
Research Institutes
Data-driven Business
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly to research
institutes.
Consumer
Research Companies
Data-collecting Business
Research Institutes
Data-driven Business
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly for research
purposes.
Consumer
Research Companies
Data-collecting Business
Research Institutes
Data-driven Business
Through the blockchain
technology, we help you
transform your personal
information into a digital
asset. That way, you can
cut intermediaries and get
compensated for the use
of your data by selling it
directly to research
institutes.
Questions
nader.fahim@berkeley.edu
mmjazzar@ieee.org

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My v cairo blockchain meetup

  • 1. Blockchain Adoption & Social Impact Maged Eljazzar [CTO of My-V] Nader Abdelrazik [CEO of My-V] Cairo Blockchain Meetup Dec. 5th, 2017
  • 2. Business Design | Social Impact | Systems Thinking M.Sc. in Technology & Innovation Management <Nile Uni.> Master’s in International Development <UC Berkeley> Microsoft | Kiron | Conservation International Blockchain | AI | Research & Development M.Sc. in Computer Engineering <Cairo Uni.> 8 Scientific Publications in AI and Blockchain Botler | IEEE | Udacity
  • 3. Key Blockchain Structure Smart Contract Blocks Transactions Inside/Outside Structure
  • 5. Case Study Building Blocks Project ● Challenges with Cash Transfers: Fees - Privacy - Data Security - Vendors Accountability ● WFP created a crypto-currency vouchers and use ethereum to record and track all food air transactions ● Pilot Project in Jordan’s Azraq Refugee Camp ○ 10,000+ of beneficiaries ○ $1,000,000 food aid moving through 10,000 transactions ● No funds going to financial services provider - 98% reduction of banking fees - Data protection - Accountability & Reconciliation Source: http://innovation.wfp.org/project/building-blocks
  • 6. Case Study Combining mobile and blockchain technology to increase impact and accountability of public services and generate real-time data. ● Challenges with Early Childhood Development: Data & Records - Coordination between Services - Operations ● Amply Model: Child → Digital Identity → Service Delivery ● Project is supported by UNICEF and the South African government. To be rolled-out in Kenya and Nigeria next. ● No funds going to financial services provider - 98% reduction of banking fees - Data protection - Accountability & Reconciliation Source: http://amply.tech
  • 8. The Rise of the Blockchain Economy Blockchain is the next Sharing Economy Democracy, Inclusion, and Wealth Re-distribution Disruption Hype
  • 9. Skepticism towards Blockchain Job-killing Computing power Regulation Non-financial assets Crypto-currency stigma Speed and size
  • 10. Blockchain for who? Business Consumer ● Corporate Culture ● Opportunity Cost / Tangibility ● Understanding ● Talent Pool ● Leader vs. Follower ● Critical Mass ● Dependency ● Understanding ● Early Adopter ● Irrationality
  • 11. Blockchain Potential in MENA Early Adoption 2008 <Enthusiasm - Exploration> Tipping Point 2014 <Recognition - Experimentation> Only 2-3 years of realization of the potential ● Knowledge gap is small ● Market is open for more entries ● Early movers ripe higher outcomes ● Early movers are leading the knowledge curve
  • 13. Blockchain - Investment ● $$$ than normal seed funds <Talent - Retention> ● Investors doesn’t understand the technology <Risk - Assessment> ● ICOs versus traditional investment <Information - Access>
  • 14. Blockchain - Talent ● Developers ● Economists / Strategists ● Game Theorists / Researchers / Systems Thinkers ● Blockchain Growth Hackers & Marketers
  • 15. Blockchain - Approach ● Educating high leverage parts of the network [Investors - Government - Corporates - Legislators … etc] ● Investing in talent creation ● Tailoring ecosystem services [One size doesn’t fit all]
  • 16. Blockchain - Social Impact Government Businesses Capital Market Consumers Consumers Social Sector Academia / Edu. Multilateral Org.
  • 17. Blockchain - Social Impact ($) Government Businesses Capital Market Consumers SMEs Social Sector Academia / Edu. Multilateral Org.
  • 18. Blockchain - Social Impact (Leverage) Multilateral Organizations & Social Sector Consumer Base Investment with openness and less conditions Access to businesses - Strong partnership portfolio Access to government- Strong relationships portfolio Work closely with Academia Hungry for Technology
  • 19. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly to research institutes. Consumer Research Companies Data-collecting Business Research Institutes Data-driven Business
  • 20. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly to research institutes. Consumer Research Companies Data-collecting Business Research Institutes Data-driven Business
  • 21. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly to research institutes. Consumer Research Companies Data-collecting Business Research Institutes Data-driven Business
  • 22. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly to research institutes. Consumer Research Companies Data-collecting Business Research Institutes Data-driven Business
  • 23. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly to research institutes. Consumer Research Companies Data-collecting Business Research Institutes Data-driven Business
  • 24. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly for research purposes. Consumer Research Companies Data-collecting Business Research Institutes Data-driven Business
  • 25. Through the blockchain technology, we help you transform your personal information into a digital asset. That way, you can cut intermediaries and get compensated for the use of your data by selling it directly to research institutes. Questions nader.fahim@berkeley.edu mmjazzar@ieee.org