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TZID:Asia/Dubai
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DTSTART:20380119T071407
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BEGIN:VEVENT
DTSTAMP:20170424T050814Z
UID:F3A5B41F-E5B6-11E7-833E-0050568D7F66
DTSTART;TZID=Asia/Dubai:20170418T160000
DTEND;TZID=Asia/Dubai:20170418T170000
DESCRIPTION:In 1992 internet revolution took over the world. Communication 
 between individuals and companies became faster and easier with email syst
 ems\, online transaction and digital presence. Information sharing worked 
 on the COPY principle. Whenever an information was sent\, it was the copy 
 of the information which was delivered and hence at any given time there e
 xisted multiple copies of information. When it comes to money transaction 
 we cannot send AED100 to someone but also keep it. This leads to something
  we call as double spent. The early digital currency like E-gold suffered 
 this short coming and hence in 2008 the first digital currency was launche
 d using a platform called blockchain. Block chain uses hard to break crypt
 ography and will revolutionize the way we transfer value. This platform wi
 ll reduce the inefficiency in the transaction systems and provide economic
  inclusiveness for everyone. The shared economy concept brought in by like
 s of Careem and Airbnb are still centeralized. The distributed ledger tech
 nology(DLT) of block chain will eliminate the intermediaries and provide d
 irect benefit to the individuals. His highness Crown prince of Dubai on 5t
 h October 2016\, has provided a strategy paper to move all government tran
 saction to blockchain by 2020 and all government organization are working 
 towards achieving the target. The presentation will take you through the j
 ourney of block chain use cases and how we should prepare our educational 
 institutes to take advantage of this futuristic technology.\n\nCo-sponsore
 d by: University of Dubai\n\nSpeaker(s): Ajay Rathi\, \n\nDubai\, United A
 rab Emirates\, United Arab Emirates
LOCATION:Dubai\, United Arab Emirates\, United Arab Emirates
ORGANIZER:halahmad@ud.ac.ae
SEQUENCE:0
SUMMARY:[Legacy Report] Blockchain: A Giant Shift from Internet of Informat
 ion to Internet of Value
URL;VALUE=URI:https://events.vtools.ieee.org/m/148411
X-ALT-DESC:Description: <br /><p>In 1992 internet revolution took over the 
 world. Communication between individuals and companies became faster and e
 asier with email systems\, online transaction and digital presence. Inform
 ation sharing worked on the COPY principle. Whenever an information was se
 nt\, it was the copy of the information which was delivered and hence at a
 ny given time there existed multiple copies of information. When it comes 
 to money transaction we cannot send AED100 to someone but also keep it. Th
 is leads to something we call as double spent. The early digital currency 
 like E-gold suffered this short coming and hence in 2008 the first digital
  currency was launched using a platform called blockchain. Block chain use
 s hard to break cryptography and will revolutionize the way we transfer va
 lue. This platform will reduce the inefficiency in the transaction systems
  and provide economic inclusiveness for everyone. The shared economy conce
 pt brought in by likes of Careem and Airbnb are still centeralized. The di
 stributed ledger technology(DLT) of block chain will eliminate the interme
 diaries and provide direct benefit to the individuals. His highness Crown 
 prince of Dubai on 5<sup>th</sup> October 2016\, has provided a strategy p
 aper to move all government transaction to blockchain by 2020 and all gove
 rnment organization are working towards achieving the target. The presenta
 tion will take you through the journey of block chain use cases and how we
  should prepare our educational institutes to take advantage of this futur
 istic technology.</p>
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