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The State of Blockchain in 2017

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Presentation on theme: "The State of Blockchain in 2017"— Presentation transcript:

1 The State of Blockchain in 2017

2 Cognitive Blockchains: the Future of Finance & Insurance
By yves Guillaume A Messy || Co-Founder, QGS Technologies Ltd.

3 Artificial Intelligence: Older than it seems.
1600s: Karakuri puppets, Japanese-made and offered to King James I, of England. 1700s: Pierre Jaquet-Droz, a Swiss watchmaker, designed The Writer, a robot. 1800s: UK’s Charles Babbage designs AI proof of concept, the Analytical Engine. 1900s: WW2, Arthur Schierbus designs first code-breaking automaton.

4 What is Artificial Intelligence, really?
AI is a series of statistical models combined and assorted in a hub and spoke system that, when properly executed, amounts to human-like reasoning at dizzying speeds. Attempts were made in the 30s, 50s, and 70s, to bring it into production. Computing power was too low and the world was stuck in information silos

5 Cognitive Business Emerges
The age of telephony and the advent of the internet era provides first minimum viable pool of aggregated information for AI to study Business Intelligence emerges as standard practice E-Commerce & Digital Business prevail and accelerate potential for AI Machine learning proves viable, makes business Cognitive

6 Cognitive Business: Powered by Databases
Learning Organizations emerge The API economy allows cross-polination in enterprise intelligence Faster transaction speeds across larger data sets are possible End of the Firm, The Rise of the Platform Enterprise Artificial Intelligence

7 Blockchain: One Database to Rule them All
Distributed Ledger technology: shared, co-calculated, encrypted knowledge. Absence of Centralized coordination allows for an exponential rise in users, in data. Smartcontracts allow for P2P apps, trustless ones, that start to mimic traditional institutional responsbilities. Banking, Insurance, Healthcare, to name a few. The Rise of DAOs: Decentralised Autonomous AI can acquire companies, have workforce.

8 Cognitive Blockchains = Automatic Institutions.
Artificial Intelligence + Blockchain = Smart Institutions. Cognitive Blockchains are moving world business from smartcontracts to smart institutions.

9 What does this mean for you?
Traditional management to Mathematical Corporations. Next leaders need to accept that their chief responsibility will be meta-cognition, creativity. I.e. IBM Watson, Watson Financial Services. Corporate & Legal frameworks will need to adjust, as we got from IPOs to not just ICOs, then Tokenized Fortune 500 Companies run by AI, managed by humans. I.e. Google, Facebook. Self-Managing Corporations, as assets such as Real Estate, Automobile, and Households start being trusted with managing themselves. I.e. Uber as a real estate company, Airbnb homes as High Frequency Traders. etc

10 Get in Touch & Thanks for Coming by
Yves Guillaume A. Messy Co-Founder, QGS Technologies Ltd. Toronto, London & Shenzen-based.


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