Opportunities in Web 3.0

  Aravind Vogante, the Vice President of IDS, joins the conversation and talks about how AI, big data, and blockchain are changing the IT landscape. They discuss the potential of blockchain to validate and verify information in a world filled with false information.
 
Aravind explains how blockchain can address governance issues in AI systems by allowing multiple stakeholders to participate in decision-making processes. He also discusses how blockchain can be used for student credit investigation management to prevent fraud and streamline background verification processes. Additionally, they talk about using blockchain for digital education resource service supply mode to create a marketplace where organizations can easily provide educational content to academic institutions. They mention collaborative development modes of public service platforms as another use case for blockchain technology in higher education.
Polyversity is building an educational metaverse called Polyverse City, where universities can build their campuses. They are expecting at least 40+ universities and 100,000+ students to collaborate in this virtual space. To ensure credibility and trust, they are implementing a decentralized identity layer for verification before collaboration. The use of blockchain technology can accelerate collaborations and business processes. This academic paper provides real-life examples to support these concepts. 

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Kapil discusses his journey into the Web 3.0 world. The opportunities that are present and the risks. Kapil stresses that his training as a Chartered Accountant  is helped him immensely in evaluating web 3.0  projects, since he consciously   evaluates the people (governance structure) behind the project and the risks and not just the opportunities that are present.
You can watch the video interview here

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Emergence of the creator economy

In this episode of our podcast, we have Aravind and Prateek, to tell us more about an exciting space which has evolved very recently,  that is, Education in the Metaverse. 

Aravind heads the blockchain products of IDS as VP and also leads the Hyperledger (One of the leading enterprise blockchain networks) governance, risk and compliance group.

Their company IDS, boasts an impressive portfolio of achievements, as they have  production grade blockchain application. Their array of exciting projects include a blockchain solution for verifying the credibility of certificates and work with the central bank to create a digital currency. 

IDS  has a partnership with the Indian Council for Technical Education, which has given rise to their own bespoke Metaverse called Polyversity. 

Their array of exciting projects include a blockchain solution for verifying the credibility of certificates and work with the central bank to create a digital currency. 

So why should we use the metaverse for education?  You can watch the video recording here  & you will be able to see the Education Metaverse.

The next generation needs to be a creators, says Aravind. With Polyversity, educators will have an open content marketplace that can potentially transform the way we learn and teach.

A Metaverse is where each university owns their own node, and will have a  Metaverse land, with each student having their own decentralized identity is the future that Aravind and the team at IDC envisions. 

To listen to the full podcast, and experience a VR tour of the Metaverse built by IDC, click here.

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In this podcast, we get a glimpse into the amazing journey that Pieter took, from humble beginnings in South Africa to incredible successes in the corporate world.

Watch the video version of the podcast  to see a walkthrough of the WingStudio platform as well. 

Getting degrees in Construction Management, Quantity Surveying and Law, allowed Pieter to get started in the corporate world, but he was not happy working an 8 to 5 job.

 After realizing that this does not need to be the case, he decided to help impact other people’s lives, by helping them realize their strengths which lay dormant. 

Looking at the extremely concerning unemployment statistics for South African youth, which is sitting at 65%, he decided to start WingStudio with 3 co-founders to help the youth of today find employment. 

Having traveled widely, he recounts his experiences in Vietnam, where he met people in the outskirts of the nation, and felt the need to help them find and reach their potential. This was one of the formative experiences that was behind the development of WingStudio. 

Attending the event called Suits and Sneakers, gave Pieter the idea for a platform for teaching people how to manage their formal and informal lives better. The need for a platform for the youth to showcase their talents, where the youth can consistently post about their activities, and show their transferable skills to employers is what drove the development of WingStudio website. 

The basic idea is that even day to day activities, something as simple as baking a cake, has transferable skills attached that perhaps an accountant might need, namely, attention to detail. 

Putting the proof into these skills from even mundane tasks is what the movement is all about. 

Pieter says that the team is also working towards incorporating Blockchain to validate posts from users. 

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In this podcast, my guest is  Kamlesh Nadwara from India, a thought leader in the Blockchain space. 

Currently working as the CTO for Snapper Future Tech, he has also worked extensively as a part of the Hyperledger Blockchain steering team. 

Hyperledger, a global open source foundation for developing Blockchain use cases for positive impact.
 Kamlesh says that wherever trust and transparency between participants is required, Hyperledger can help. 

As an ecosystem which gathers like-minded individuals, it allows people to source Blockchain solutions at zero cost. 

Kamlesh then goes on to describe the levels to Blockchain, with a layer 1 Blockchain like ethereum where transactions are written directly on the public Blockchain. 

A layer 2 technology, which is next up, overcomes scalability challenges posed by level 1 Blockchain.
 By running side chains on layer 2, transaction numbers per second that can be processed can rises exponentially. 

Additionally, layer 2 is better for the planet too, using much less energy, to mint new blocks. Less of a carbon footprint, essentially also means savings on cost. A win-win situation. 

Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.

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In this episode I discuss Blockchain economy with Brian Kuttikkat, a lawyer and tech professional. Director at CoinDCX. We discuss Web 3.0 and the opportunities. 

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In this podcast episode, we have with us Kimberly Singh CFO and Chief Wellness Officer (CWO) of Populis.

Kim, who loves all things numbers, completed her undergraduate degree in Mathematics, which helped her land a role in Blackberry. When she moved to Sydney, the vision of Populis struck a chord with her.

Populis has a very simple aim; To add wellness to people's lives. 

In this digital age, where a large number of people experienced issues with their mental health and personal well being. With this in mind she wanted to do something interesting in the learning and development space. 

Kim has a very interesting title in Populis working as the Chief Wellness Officer, but this makes perfect sense to Kim, since Populis revolves around bringing well-being into the life of their clients.

She also feels the key to wellness and wellbeing is understanding yourself. Only introspection can help you be your best self at work professionally. Populis has a range of self assessment tools like this one here https://www.excelerateyou.com/mindset to help their clients understand themselves and improve their performance. 

Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.

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In this podcast Ralph Khoury CFO of Omnicom Media Group MENA region - discusses the evolution to the role of CFO. Ralph is a Fellow member of CPA Australia.

Ralph discusses the importance of technical skills as well as the governance and corporate responsibility. 

Invest in your self and explore new learnings, click here and register your details to find out how Ultimate Access can be your learning partner.

Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.

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Graham Chee the co-founder of Bcyber  talks about the opportunities that are available to finance professionals and the skills that they need to get to be part of it.

Contrary to popular belief, 90% of all cybersecurity failure arises from human error and only 10% can be attributed to technological factors.

This means that 9 out of 10 cybersecurity issues are caused by the shortfall in cybersecurity training given to employees.

This is why Bcyber, an organization focused on accounting public practice space has developed training for accountants to gain working knowledge about cyberspace.

By understanding how an accountant has evolved into a business partner over the years, Bcyber trains accountants to recognise the early signs of a cybersecurity breach and helps organizations build up a human firewall of defense. 

Since a human firewall can adapt and learn quicker, it offers even greater security than traditional safeguards.

Businesses are increasingly required to interact digitally and store data on the cloud. The accountant of an organization is a key player in preventing cybersecurity breaches since he acts as a repository of information about suppliers, financial risk etc.

The accountant is trained to help with cyber risk mitigation working alongside malware protection tools to provide security. 

In a world which is increasingly turning digital, the importance of a top down cyber awareness culture cannot be overemphasised. Every employee of the organization must develop a working knowledge of cybersecurity, regardless of the background and role.

Contribute effectively to discussions on cybersecurity. This gives professionals  the ability to not only understand, but even to explain to other members of the board. 

Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.

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In this podcast Ralph Khoury CFO of Omnicom Media Group MENA region - discusses how the 2020 crisis has impacted the market and what steps any business should consider before progressing.

Ralph states that in these turbulent times it is crucial to understand how to prioritize activities; to stabilize the company's position in the market. How to optimize already existing cash flows and budgets, and how to integrate new contingency plans into the company's current structure.

In the media business employees are the most valuable asset the company has. Therefore, it is the company and consequently the team leader's responsibility to ensure that employees can perform at their best level. During the pandemics, company's should consider the following;

1. Invite a mental health expert to guide employees to a positive mental attitude and fitness
2. Keep lifestyle and events as close to the pre-crisis period as possible. Have uplifting events such as a Halloween party online, coffee breaks online, and dress up for the working hours! 
3. Retain the usual behavior pattern just as before
4. To encourage employees to maintain a healthy lifestyle

Ralph also provides some great insights from a book by Nancy Koehn - 'Forged in Crisis'
In this book she discusses how to tackle the crisis to come out as a winner on the other side. There are a lot of pathways on how to accomplish this depending on the company.

Nevertheless, the leadership style and guidance ought to become the solid foundation for moving onward. Hence, the leader's focus should be on:

1. Focusing on what is achievable first
2. Talking to the team about relevant activities and strategies
3. Looking for support from the community in legislations and regulations adjustments
4. Leading by example on how to regulate
5. Being honest 

Last but not least, hope is the most crucial generator of ideas for unorthodox solutions.

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