Blockchain Revolution – Risks & Rewards

Xiaochen Zhang, Founding Partner of FinTech4Good and a Contributor to CCTV-America participates in Risk Roundup to discuss Blockchain Revolution – Risks & Rewards. Blockchain Revolution – Risks & Rewards The blockchain revolution is here. Blockchain technology brings forward the potential to provide individuals and entities across nations: its government, industries, organizations, and academia (NGIOA) a trustable digital infrastructure for a fair and balanced economic ecosystem that is based on shared information and distributed trust that is transparent and trackable. The blockchain-driven transformation seems to have blurred the boundaries between cyberspace, geospace, and space (CGS). As the blockchain-driven digital infrastructure provides digital security and brings forward a barrier against socioeconomic instability, it becomes a driving force of the digital global age, where the rules for competition and collaboration are just beginning to be rewritten. The question is no longer whether the digital disruption, transformation, and revolution that we are witnessing today on the backbone of blockchain will transform industries and economies, but, rather, how will they do so. As blockchain promises the digital infrastructure of a digital global age, what is the nature of transformation possible in cyberspace, geospace, and space? Blockchain seems to be a much-needed digital infrastructure for socio-economic development across nations.  While blockchains are causing a technology revolution across nations, it is important to evaluate what else is necessary for the technology transformation to succeed. Now is a time to talk about the risks and rewards of the blockchain revolution! For more please watch the Risk Roundup Webcast or hear the Risk Roundup Podcast About the Guest Xiaochen leads the design and implementation of FinTech4Goods’s strategy which aims to introduce cutting-edge fintech and blockchain solutions to emerging markets through incubation, acceleration, and investment. He brings more than 16 years of thought leadership and global experience to build impactful solutions and scale up innovative ideas in North America, Africa, Latin America, Europe, and Asia. He serves on the Crowdfunding Professional Association Board of Directors, UN ESCAP Digital Economy Task Force, and as a senior adviser of the China Social Entrepreneurs Foundation and Inter-America Development Bank. He is also the co-chair of the Insurance Blockchain Lab, Smart City Blockchain Lab, and Blockchain4SDGs Lab. Prior to FinTech4Good, Xiaochen advised government agencies and multinational organizations on innovation, emerging technologies, and investment in positions at the World Bank, United Nations, and other international partnership platforms. He also taught innovation and venture building at leading business schools and served as a mentor for many innovative businesses. About Risk Group Risk Group is a leading strategic security risk research and reporting organization. Copyright Risk Group LLC. All Rights Reserved Reference Episodes: The Rise of Initial Coin Offering (ICOs)- Risks and RewardsEmerging Technologies GeopoliticsCashless Economy – Risks & RewardsProtecting CryptocurrencyBlockchain based Insurance Model for Managing Aging Infrastructure RisksSmart Contracts – Risks & RewardsBlockchain & Machine Learning Based Content PlatformBlockchain Based Risk TransferSecuring the Internet of Things using Blockchain ConvergenceThe Convergence of Blockchain and Internet of ThingsBlockchain Applications for Emerging EconomiesBlockchain based Creative Content CollaborationApplications of Blockchain TechnologyWhat Should Bankers Know About Financial TechnologyBlockchain based Network SecurityDigital Transformation of Financial IndustryWill Blockchain Secure the Internet of Things The post Blockchain Revolution – Risks & Rewards appeared first on Risk Group.