We present you with a comprehensive look into the future of commerce, encompassing the $5 trillion e-commerce and brick and mortar sectors. Our world will be defined by a decentralized platform in which customers will wield and monetize their personal data and behaviors. We discuss the details of how self-sovereign identity will enable dialogue between retailers and their individual customers. This "conversation" is at the core of how we will create value for one another. It will allow retailers and customers to partner in building more profitable, ethical, and sustainable business practices.
Key takeaways:
Many viewpoints of the applicability of blockchain for consumer identity have been expressed. In particular, some express doubt about the viability of being able to reconcile GDPR’s right-to-be-forgotten with the immutable nature of blockchain. This is in fact true. However, there are still ways that blockchain can increase transaction integrity while also providing privacy-by-design leadership. Come join this session to learn about how blockchain is being used in the Canadian model to increase transaction integrity in support of delivering a triple-blind-privacy data sharing model that demonstrates positive user consent, is very simple to use, and reduces fraud.
The Macro-Economic perspective of how Blockchain has potentially influenced various industries in a specific European Country. I could present various analyses that we are currently conducting, which includes and empirical analysis, cluster analysis, and a scenario analysis. With these results, it will help us to gain insight on what types of influences that Blockchain has had on the industry and potential future insights. We are working on this study with the European Blockchain Center, along with couple other partners. We won't have our results till around March.
