I actually received these request for a close group tech sharing:
1) For your 16th April talk to my group, focus less on Cryptocurrency. Members want to know possibilities of Blockchain applications in their businesses.
2) Please also include real life cases on how Blockchain has been successfully implemented in the above. My members are more interested in reality than theories.
3) More important is to be engaged with members during presentation and sharing.
No problem with all of above requirements, quite common nowadays.
Try to explore more from tokenomics or datanomics point of view, rather than pure currency viewpoint.
You want that immutability, transparency and traceability part of it, that trust element. And if you do away the tokenomics part, you are letting go the most important power the technology brings.
For instance, incentivizing good behaviour.
People are reward centric. Annual appraisal for salary increment, performance bonuses, sales incentives, etc. Why do we have these? As encouragement or as token of appreciation.
Once you understand thoroughly, you won’t discard the monetary (whatever you want to call) part of it.
Money makes the world goes round. Data is the new oil, explore datanomics.
Just a matter of perspective.
Opencert
On 3rd May 2019, Channel News Asia reported the ‘tamper-resistant’ digital certificates project by Singapore’s government.
The Blockchain use case by Singapore’s government shows the city state’s pro-blockchain stance and its progress implementing the technology at a national level.
It states the reason they use Ethereun(ETH) in Open Certs Project FAQ page:
Ethereum is the blockchain network with the largest developer base, as well as having a large number of participants securing the network.
Nike’s Cryptokicks
Nike Digital is a $2 billion digital commerce business.
Nike files trademark application in the US for ‘Cryptokicks’.
International Class(es): 036 – Primary Class:
“financial services, namely, providing a digital currency or digital token for use by members of an on-line community via a global computer network; facilitation of financial transactions using unconventional currency systems and bartering, namely, facilitating transfers of electronic cash equivalents; facilitation of crypto-currency transactions, namely, virtual currency exchange transaction services for transferrable electronic cash equivalent units having a specified cash value; …”
“This appears to be a filing for a brand of a #cryptocurrency … this is trademark speak for ‘this is a cryptocurrency called Cryptokicks.” ~ Josh Gerben, a trademark attorney in the U.S. who analyzed the filing on Twitter.
Jaguar IOTA
Another use case for cryptocurrency by big brand in the making after Nike’s Cryptokicks move:
United Kingdom car manufacturer Jaguar Land Rover will use blockchain network Iota to reward drivers with cryptocurrency for data reporting.
“In the future an autonomous car could drive itself to a charging station, recharge and pay, while its owner could choose to participate in the sharing economy — earning rewards from sharing useful data such as warning other cars of traffic jams”
A year ago, Germany-headquartered car manufacturing giant Daimler AG, famous for its Mercedes-Benz and Smart brands, presented its own Blockchain-based digital currency MobiCoin at the Mobile World Congress 2018 in Barcelona. The project, which started in February 2018, was created to reward drivers for environmentally-friendly driving habits, i.e. smooth and safe driving at low speeds.
Incentivizing good behavior.
2019-2020 will definitely be the delivery year of more Blockchain use cases and the acceptance of Crypto by conventional brands (be it Crypto Paradigm or Glorified Voucher/Loyalty Program).
Notes
The above presentation file was created for Vistage group members. Below are the feedbacks from 3 of the close group sharing made, just for log purpose and future reference on any area of improvement.
Feedback to Koh How Tze’s presentation on 16th April 2019:
Feedback to Koh How Tze’s presentation on 18th April 2019:
Feedback to Koh How Tze’s presentation on 15th May 2019:
