[Music]
[Music] [Applause]
I’m actually here to talk about the
I’m actually here to talk about the convergence of some really interesting
convergence of some really interesting
convergence of some really interesting technologies I’m the technology guy here
technologies I’m the technology guy here
technologies I’m the technology guy here I’m the geek and I’m going to talk about
I’m the geek and I’m going to talk about
I’m the geek and I’m going to talk about some technologies called blockchain
some technologies called blockchain
some technologies called blockchain machine learning artificial intelligence
machine learning artificial intelligence
machine learning artificial intelligence in the cloud if you remember our very
in the cloud if you remember our very
in the cloud if you remember our very first speaker Erica
first speaker Erica
first speaker Erica orange she was talking about how
orange she was talking about how
orange she was talking about how technology is changing technology is
technology is changing technology is
technology is changing technology is changing at an ever-increasing rate
changing at an ever-increasing rate
changing at an ever-increasing rate that’s happening today that’s happening
that’s happening today that’s happening
that’s happening today that’s happening this year in 2018 these technologies I’m
this year in 2018 these technologies I’m
this year in 2018 these technologies I’m going to talk a little bit about and I’m
going to talk a little bit about and I’m
going to talk a little bit about and I’m going to show you and describe a couple
going to show you and describe a couple
going to show you and describe a couple of examples real-life examples of
of examples real-life examples of
of examples real-life examples of projects I’m working on around the world
projects I’m working on around the world
projects I’m working on around the world that are showing how these technologies
that are showing how these technologies
that are showing how these technologies actually are converging it’s really
actually are converging it’s really
actually are converging it’s really important for us and for companies to
important for us and for companies to
important for us and for companies to stay ahead of Technology what happens if
stay ahead of Technology what happens if
stay ahead of Technology what happens if you don’t what happens if you fall
you don’t what happens if you fall
you don’t what happens if you fall behind what happens if you’re not
behind what happens if you’re not
behind what happens if you’re not staying up with the most current
staying up with the most current
staying up with the most current technologies well we heard a great
technologies well we heard a great
technologies well we heard a great example of what happened this week
example of what happened this week
example of what happened this week toys-r-us a brand that everyone of you
toys-r-us a brand that everyone of you
toys-r-us a brand that everyone of you know probably most of you have visited
know probably most of you have visited
know probably most of you have visited at least anyone over about 35 or 40
at least anyone over about 35 or 40
at least anyone over about 35 or 40 years old has been a hundred times in
years old has been a hundred times in
years old has been a hundred times in their stores they’re out of business
their stores they’re out of business
their stores they’re out of business they filed bankruptcy after 70 years and
they filed bankruptcy after 70 years and
they filed bankruptcy after 70 years and why because they didn’t stay up with
why because they didn’t stay up with
why because they didn’t stay up with technology
technology
technology they weren’t monitoring it they weren’t
they weren’t monitoring it they weren’t
they weren’t monitoring it they weren’t engaged with it they weren’t
engaged with it they weren’t
engaged with it they weren’t implementing it within there with is
implementing it within there with is
implementing it within there with is within their stores so what I want to
within their stores so what I want to
within their stores so what I want to talk about today is how we stay in front
talk about today is how we stay in front
talk about today is how we stay in front of that technology and just a little bit
of that technology and just a little bit
of that technology and just a little bit about why I think it’s so important so
about why I think it’s so important so
about why I think it’s so important so let me kind of set the stage a little
let me kind of set the stage a little
let me kind of set the stage a little bit my background as you can read in my
bit my background as you can read in my
bit my background as you can read in my bio has all been with technology
bio has all been with technology
bio has all been with technology companies I worked my yearly career with
companies I worked my yearly career with
companies I worked my yearly career with Hewlett Packard I learned a lot about
Hewlett Packard I learned a lot about
Hewlett Packard I learned a lot about the importance of Hardware about
the importance of Hardware about
the importance of Hardware about integrating Hardware about developing
integrating Hardware about developing
integrating Hardware about developing solutions and hardware I then went to
solutions and hardware I then went to
solutions and hardware I then went to work for Apple Computer for about 10
work for Apple Computer for about 10
work for Apple Computer for about 10 years and learned about the
years and learned about the
years and learned about the so the integration of hardware and
so the integration of hardware and
so the integration of hardware and software and developing solutions and
software and developing solutions and
software and developing solutions and technologies that were easy to use for
technologies that were easy to use for
technologies that were easy to use for everybody to use after h after Apple I
everybody to use after h after Apple I
everybody to use after h after Apple I went to work for Cisco at Cisco I
went to work for Cisco at Cisco I
went to work for Cisco at Cisco I learned the importance of taking all of
learned the importance of taking all of
learned the importance of taking all of these components now and applying new
these components now and applying new
these components now and applying new technologies to them some of these new
technologies to them some of these new
technologies to them some of these new technologies that that we started to
technologies that that we started to
technologies that that we started to deploy were things like machine learning
deploy were things like machine learning
deploy were things like machine learning and artificial intelligence and how to
and artificial intelligence and how to
and artificial intelligence and how to use that technology for your benefit to
use that technology for your benefit to
use that technology for your benefit to create alerts and notifications about
create alerts and notifications about
create alerts and notifications about your network and how they were being
your network and how they were being
your network and how they were being used and threats that were happening and
used and threats that were happening and
used and threats that were happening and potential failures of your network so I
potential failures of your network so I
potential failures of your network so I learned a lot about that and then the
learned a lot about that and then the
learned a lot about that and then the last four or five years have been
last four or five years have been
last four or five years have been working very closely in things new
working very closely in things new
working very closely in things new technologies like blockchain so one of
technologies like blockchain so one of
technologies like blockchain so one of the questions I get a lot is well what
the questions I get a lot is well what
the questions I get a lot is well what exactly is blockchain a lot of people
exactly is blockchain a lot of people
exactly is blockchain a lot of people think blockchain is Bitcoin and in
think blockchain is Bitcoin and in
think blockchain is Bitcoin and in cybersecurity
cybersecurity
cybersecurity basically what blockchain is is what’s
basically what blockchain is is what’s
basically what blockchain is is what’s called a distributed ledger think about
called a distributed ledger think about
called a distributed ledger think about and think of what that means distributed
and think of what that means distributed
and think of what that means distributed means these files are distributed across
means these files are distributed across
means these files are distributed across hundreds of of computers that are
hundreds of of computers that are
hundreds of of computers that are networked together a ledger is basically
networked together a ledger is basically
networked together a ledger is basically a debit and a credit so managing that
a debit and a credit so managing that
a debit and a credit so managing that debit and credit within the platform
debit and credit within the platform
debit and credit within the platform across hundreds of computers actually
across hundreds of computers actually
across hundreds of computers actually provides a lot of benefits
provides a lot of benefits
provides a lot of benefits number one it makes it very hard to hack
number one it makes it very hard to hack
number one it makes it very hard to hack it makes it so that cyber security
it makes it so that cyber security
it makes it so that cyber security technologies can actually prevent those
technologies can actually prevent those
technologies can actually prevent those things from happening the other thing
things from happening the other thing
things from happening the other thing that it does it it creates a trust a
that it does it it creates a trust a
that it does it it creates a trust a level of trust for that data and that
level of trust for that data and that
level of trust for that data and that technology that may exist within each
technology that may exist within each
technology that may exist within each one of those nodes so what I want to
one of those nodes so what I want to
one of those nodes so what I want to talk a little bit about today now are
talk a little bit about today now are
talk a little bit about today now are some examples of how that technology is
some examples of how that technology is
some examples of how that technology is being used let’s talk about one of them
being used let’s talk about one of them
being used let’s talk about one of them the first one that I want to share with
the first one that I want to share with
the first one that I want to share with you is a company called
you is a company called
you is a company called Merce Merce is in Copenhagen Denmark
Merce Merce is in Copenhagen Denmark
Merce Merce is in Copenhagen Denmark they’re one of the largest shipping and
they’re one of the largest shipping and
they’re one of the largest shipping and logistics companies in the world
logistics companies in the world
logistics companies in the world let me give you a little example of what
let me give you a little example of what
let me give you a little example of what some of their challenges are as a
some of their challenges are as a
some of their challenges are as a company they manage about a hundred and
company they manage about a hundred and
company they manage about a hundred and fifty ports around the world
fifty ports around the world
fifty ports around the world these are ports where vessels are coming
these are ports where vessels are coming
these are ports where vessels are coming in and out continuously through the
in and out continuously through the
in and out continuously through the ports they also have about two to three
ports they also have about two to three
ports they also have about two to three million containers these are large
million containers these are large
million containers these are large containers that are coming again in real
containers that are coming again in real
containers that are coming again in real time in and out of the ports they’re
time in and out of the ports they’re
time in and out of the ports they’re trying to manage where they are upper
trying to manage where they are upper
trying to manage where they are upper operationally so they have a really
operationally so they have a really
operationally so they have a really difficult time managing that and at the
difficult time managing that and at the
difficult time managing that and at the same time they’re trying to track about
same time they’re trying to track about
same time they’re trying to track about four trillion dollars worth of business
four trillion dollars worth of business
four trillion dollars worth of business as all of this is moving around the
as all of this is moving around the
as all of this is moving around the world let’s take one example let’s take
world let’s take one example let’s take
world let’s take one example let’s take one vessel one vessel for example
one vessel one vessel for example
one vessel one vessel for example requires about 200 interactions just
requires about 200 interactions just
requires about 200 interactions just moving from point A to point B 200
moving from point A to point B 200
moving from point A to point B 200 interactions with individuals it also
interactions with individuals it also
interactions with individuals it also requires coordination with about 30
requires coordination with about 30
requires coordination with about 30 other companies it also requires about
other companies it also requires about
other companies it also requires about four inches of documentation remember
four inches of documentation remember
four inches of documentation remember this is where one vessel at one time
this is where one vessel at one time
this is where one vessel at one time between two ports vast amounts of data
between two ports vast amounts of data
between two ports vast amounts of data is getting generated so they’ve decided
is getting generated so they’ve decided
is getting generated so they’ve decided to use blockchain to help improve
to use blockchain to help improve
to use blockchain to help improve operationally many of those ships as
operationally many of those ships as
operationally many of those ships as they’re going in and out of ports
they’re going in and out of ports
they’re going in and out of ports they’re using blockchain to create what
they’re using blockchain to create what
they’re using blockchain to create what are called Smart contracts contracts
are called Smart contracts contracts
are called Smart contracts contracts between those 200 interactions between
between those 200 interactions between
between those 200 interactions between those four inches of documentation they
those four inches of documentation they
those four inches of documentation they can now reduce so they’ve been able to
can now reduce so they’ve been able to
can now reduce so they’ve been able to identify that they can actually increase
identify that they can actually increase
identify that they can actually increase by about 15% the number of ships that
by about 15% the number of ships that
by about 15% the number of ships that they can ship around the world at the
they can ship around the world at the
they can ship around the world at the same time reduced by about 10 or 15%
same time reduced by about 10 or 15%
same time reduced by about 10 or 15% their operational costs those are huge
their operational costs those are huge
their operational costs those are huge savings for companies that are worth
savings for companies that are worth
savings for companies that are worth billions and billions of dollars another
billions and billions of dollars another
billions and billions of dollars another example I like to share with you is a
example I like to share with you is a
example I like to share with you is a company called open open is the first
company called open open is the first
company called open open is the first end-to-end logistics supply chain
end-to-end logistics supply chain
end-to-end logistics supply chain platform for commodities this will
platform for commodities this will
platform for commodities this will affect about 30 different commodities
affect about 30 different commodities
affect about 30 different commodities commodities are things like rice and
commodities are things like rice and
commodities are things like rice and grain and oil and gas and metals all
grain and oil and gas and metals all
grain and oil and gas and metals all different types of metals so it’s about
different types of metals so it’s about
different types of metals so it’s about a hundred and fifty year old business
a hundred and fifty year old business
a hundred and fifty year old business that has never had any technology before
that has never had any technology before
that has never had any technology before it’s all manual today there’s lots of
it’s all manual today there’s lots of
it’s all manual today there’s lots of fraud there’s lots of pricing
fraud there’s lots of pricing
fraud there’s lots of pricing manipulation that happens because there
manipulation that happens because there
manipulation that happens because there no transparency of the of the
no transparency of the of the
no transparency of the of the transactions there’s lots of theft and a
transactions there’s lots of theft and a
transactions there’s lots of theft and a lot of corruption in the business the
lot of corruption in the business the
lot of corruption in the business the other thing is that it it’s it really is
other thing is that it it’s it really is
other thing is that it it’s it really is a pretty lengthy process it takes about
a pretty lengthy process it takes about
a pretty lengthy process it takes about five to six weeks for this entire
five to six weeks for this entire
five to six weeks for this entire process to be completed from beginning
process to be completed from beginning
process to be completed from beginning to end and again there’s it’s fraught
to end and again there’s it’s fraught
to end and again there’s it’s fraught with a lot of danger
with a lot of danger
with a lot of danger so with those as kind of the parameters
so with those as kind of the parameters
so with those as kind of the parameters that we’ve decided to use blockchain
that we’ve decided to use blockchain
that we’ve decided to use blockchain again as a as a back-end platform to
again as a as a back-end platform to
again as a as a back-end platform to help manage all of these transactions to
help manage all of these transactions to
help manage all of these transactions to create smart contracts to improve the
create smart contracts to improve the
create smart contracts to improve the efficiencies and operations of this
efficiencies and operations of this
efficiencies and operations of this we’ve been able to determine that we can
we’ve been able to determine that we can
we’ve been able to determine that we can take this five to six week process and
take this five to six week process and
take this five to six week process and actually reduce it down to minutes by
actually reduce it down to minutes by
actually reduce it down to minutes by automating this by providing technology
automating this by providing technology
automating this by providing technology to it by really increasing the
to it by really increasing the
to it by really increasing the efficiencies of each one of these
efficiencies of each one of these
efficiencies of each one of these operations and with blockchain now it
operations and with blockchain now it
operations and with blockchain now it creates transparency so that you can see
creates transparency so that you can see
creates transparency so that you can see every single operation that would
every single operation that would
every single operation that would normally take five or six weeks you can
normally take five or six weeks you can
normally take five or six weeks you can see the operations of setting up
see the operations of setting up
see the operations of setting up financing setting up warehousing setting
financing setting up warehousing setting
financing setting up warehousing setting up the transportation set it up setting
up the transportation set it up setting
up the transportation set it up setting up shipping setting up the the funding
up shipping setting up the the funding
up shipping setting up the the funding for it setting up the insurance there is
for it setting up the insurance there is
for it setting up the insurance there is a hundred different processes along that
a hundred different processes along that
a hundred different processes along that and in the past no one’s been able to
and in the past no one’s been able to
and in the past no one’s been able to see the whole thing so you’ve never been
see the whole thing so you’ve never been
see the whole thing so you’ve never been able to really verify if you’re getting
able to really verify if you’re getting
able to really verify if you’re getting a good price for something and the other
a good price for something and the other
a good price for something and the other problem that exists is that there’s a
problem that exists is that there’s a
problem that exists is that there’s a there’s about a hundred middlemen that
there’s about a hundred middlemen that
there’s about a hundred middlemen that are in the middle of this this process
are in the middle of this this process
are in the middle of this this process they’re taking a little piece of the cut
they’re taking a little piece of the cut
they’re taking a little piece of the cut of those of the transactions that
of those of the transactions that
of those of the transactions that results in about a twenty to twenty five
results in about a twenty to twenty five
results in about a twenty to twenty five percent margin so within the the price
percent margin so within the the price
percent margin so within the the price of a commodity and let’s say you’re
of a commodity and let’s say you’re
of a commodity and let’s say you’re paying a dollar for for an ounce of
paying a dollar for for an ounce of
paying a dollar for for an ounce of copper 25% of that is useless it’s just
copper 25% of that is useless it’s just
copper 25% of that is useless it’s just a middleman that’s trying to take a cut
a middleman that’s trying to take a cut
a middleman that’s trying to take a cut we’ve been able to cut that completely
we’ve been able to cut that completely
we’ve been able to cut that completely out by using blockchain machine learning
out by using blockchain machine learning
out by using blockchain machine learning and AI so it really is creating some
and AI so it really is creating some
and AI so it really is creating some tremendous efficiencies the other thing
tremendous efficiencies the other thing
tremendous efficiencies the other thing that we can do because
that we can do because
that we can do because now we have all of the data in to end we
now we have all of the data in to end we
now we have all of the data in to end we can start running machine learning and
can start running machine learning and
can start running machine learning and aei models against each one of these
aei models against each one of these
aei models against each one of these processes number one to improve
processes number one to improve
processes number one to improve efficiencies but also to give the buyer
efficiencies but also to give the buyer
efficiencies but also to give the buyer or the seller a better view of what that
or the seller a better view of what that
or the seller a better view of what that what exactly that transaction is costing
what exactly that transaction is costing
what exactly that transaction is costing and how long it’s going to take so for
and how long it’s going to take so for
and how long it’s going to take so for example by using some machine learning
example by using some machine learning
example by using some machine learning models now that we have all of that data
models now that we have all of that data
models now that we have all of that data we can set up alerts that say will you I
we can set up alerts that say will you I
we can set up alerts that say will you I want an alert that tells me whenever I’m
want an alert that tells me whenever I’m
want an alert that tells me whenever I’m shipping a copper from Shanghai to Chile
shipping a copper from Shanghai to Chile
shipping a copper from Shanghai to Chile during the month of January tell me what
during the month of January tell me what
during the month of January tell me what the average price is there’s the
the average price is there’s the
the average price is there’s the shipping price for that or tell me what
shipping price for that or tell me what
shipping price for that or tell me what the logistic services or insurance
the logistic services or insurance
the logistic services or insurance services are for this particular month
services are for this particular month
services are for this particular month for this particular kind of commodity
for this particular kind of commodity
for this particular kind of commodity during this particular time of the year
during this particular time of the year
during this particular time of the year we’ve never been able to do that before
we’ve never been able to do that before
we’ve never been able to do that before without having all of that data at our
without having all of that data at our
without having all of that data at our fingertips we can do that now and
fingertips we can do that now and
fingertips we can do that now and finally the last example I have is a
finally the last example I have is a
finally the last example I have is a company that I work with in Israel
company that I work with in Israel
company that I work with in Israel called a Gua zo it gwazi au has built a
called a Gua zo it gwazi au has built a
called a Gua zo it gwazi au has built a machine learning intelligent platform
machine learning intelligent platform
machine learning intelligent platform that actually integrates all of this
that actually integrates all of this
that actually integrates all of this technology together seamlessly I
technology together seamlessly I
technology together seamlessly I mentioned I used to work for Cisco I
mentioned I used to work for Cisco I
mentioned I used to work for Cisco I worked for a business unit called Smart
worked for a business unit called Smart
worked for a business unit called Smart Services smart services was about a
Services smart services was about a
Services smart services was about a three billion dollar business
three billion dollar business
three billion dollar business it took Cisco about three years and
it took Cisco about three years and
it took Cisco about three years and about two or three hundred engineers to
about two or three hundred engineers to
about two or three hundred engineers to create this smart services application
create this smart services application
create this smart services application that actually did predictive analytics
that actually did predictive analytics
that actually did predictive analytics on your network to be able to anticipate
on your network to be able to anticipate
on your network to be able to anticipate when you may be having a failure on your
when you may be having a failure on your
when you may be having a failure on your network what we did using the Iglesia
network what we did using the Iglesia
network what we did using the Iglesia platform and this this integrated
platform and this this integrated
platform and this this integrated technology has been able to do in about
technology has been able to do in about
technology has been able to do in about two weeks with one engineer what it did
two weeks with one engineer what it did
two weeks with one engineer what it did Cisco three years and hundreds of
Cisco three years and hundreds of
Cisco three years and hundreds of engineers to do so you can imagine now
engineers to do so you can imagine now
engineers to do so you can imagine now the kind of things that we can do the
the kind of things that we can do the
the kind of things that we can do the kind of platforms we can create the kind
kind of platforms we can create the kind
kind of platforms we can create the kind of integration that’s happening now
of integration that’s happening now
of integration that’s happening now between blockchain and machine learning
between blockchain and machine learning
between blockchain and machine learning and AI and the cloud all of these things
and AI and the cloud all of these things
and AI and the cloud all of these things are coming together they have not been
are coming together they have not been
are coming together they have not been proven and
proven and
proven and he’ll just recently blockchain really
he’ll just recently blockchain really
he’ll just recently blockchain really was not ready for production 16 of the
was not ready for production 16 of the
was not ready for production 16 of the largest banks now are implementing
largest banks now are implementing
largest banks now are implementing blockchain projects so blockchain is now
blockchain projects so blockchain is now
blockchain projects so blockchain is now ready it’s been proven it’s been
ready it’s been proven it’s been
ready it’s been proven it’s been validated it has been certified machine
validated it has been certified machine
validated it has been certified machine learning is much more mature now ai is
learning is much more mature now ai is
learning is much more mature now ai is much more mature companies now really
much more mature companies now really
much more mature companies now really trust in the cloud now so the cloud is
trust in the cloud now so the cloud is
trust in the cloud now so the cloud is now a viable place to store a lot of
now a viable place to store a lot of
now a viable place to store a lot of this information so I guess my point now
this information so I guess my point now
this information so I guess my point now is that all of these technologies have
is that all of these technologies have
is that all of these technologies have converged they’re now ready to go to
converged they’re now ready to go to
converged they’re now ready to go to market they are now production ready and
market they are now production ready and
market they are now production ready and now it’s up to us to actually apply
now it’s up to us to actually apply
now it’s up to us to actually apply these new technologies to new problems
these new technologies to new problems
these new technologies to new problems that exist today my goal is that we can
that exist today my goal is that we can
that exist today my goal is that we can work together on this that we can find
work together on this that we can find
work together on this that we can find new solutions I’m a continuous learner
new solutions I’m a continuous learner
new solutions I’m a continuous learner so I love to learn about new
so I love to learn about new
so I love to learn about new technologies and I think every company
technologies and I think every company
technologies and I think every company in the world has to be a technology
in the world has to be a technology
in the world has to be a technology company if you’re not you will be out of
company if you’re not you will be out of
company if you’re not you will be out of business just like Toys R Us had to file
business just like Toys R Us had to file
business just like Toys R Us had to file bankruptcy this year thank you
[Music] [Applause]
I’m actually here to talk about the
I’m actually here to talk about the convergence of some really interesting
convergence of some really interesting
convergence of some really interesting technologies I’m the technology guy here
technologies I’m the technology guy here
technologies I’m the technology guy here I’m the geek and I’m going to talk about
I’m the geek and I’m going to talk about
I’m the geek and I’m going to talk about some technologies called blockchain
some technologies called blockchain
some technologies called blockchain machine learning artificial intelligence
machine learning artificial intelligence
machine learning artificial intelligence in the cloud if you remember our very
in the cloud if you remember our very
in the cloud if you remember our very first speaker Erica
first speaker Erica
first speaker Erica orange she was talking about how
orange she was talking about how
orange she was talking about how technology is changing technology is
technology is changing technology is
technology is changing technology is changing at an ever-increasing rate
changing at an ever-increasing rate
changing at an ever-increasing rate that’s happening today that’s happening
that’s happening today that’s happening
that’s happening today that’s happening this year in 2018 these technologies I’m
this year in 2018 these technologies I’m
this year in 2018 these technologies I’m going to talk a little bit about and I’m
going to talk a little bit about and I’m
going to talk a little bit about and I’m going to show you and describe a couple
going to show you and describe a couple
going to show you and describe a couple of examples real-life examples of
of examples real-life examples of
of examples real-life examples of projects I’m working on around the world
projects I’m working on around the world
projects I’m working on around the world that are showing how these technologies
that are showing how these technologies
that are showing how these technologies actually are converging it’s really
actually are converging it’s really
actually are converging it’s really important for us and for companies to
important for us and for companies to
important for us and for companies to stay ahead of Technology what happens if
stay ahead of Technology what happens if
stay ahead of Technology what happens if you don’t what happens if you fall
you don’t what happens if you fall
you don’t what happens if you fall behind what happens if you’re not
behind what happens if you’re not
behind what happens if you’re not staying up with the most current
staying up with the most current
staying up with the most current technologies well we heard a great
technologies well we heard a great
technologies well we heard a great example of what happened this week
example of what happened this week
example of what happened this week toys-r-us a brand that everyone of you
toys-r-us a brand that everyone of you
toys-r-us a brand that everyone of you know probably most of you have visited
know probably most of you have visited
know probably most of you have visited at least anyone over about 35 or 40
at least anyone over about 35 or 40
at least anyone over about 35 or 40 years old has been a hundred times in
years old has been a hundred times in
years old has been a hundred times in their stores they’re out of business
their stores they’re out of business
their stores they’re out of business they filed bankruptcy after 70 years and
they filed bankruptcy after 70 years and
they filed bankruptcy after 70 years and why because they didn’t stay up with
why because they didn’t stay up with
why because they didn’t stay up with technology
technology
technology they weren’t monitoring it they weren’t
they weren’t monitoring it they weren’t
they weren’t monitoring it they weren’t engaged with it they weren’t
engaged with it they weren’t
engaged with it they weren’t implementing it within there with is
implementing it within there with is
implementing it within there with is within their stores so what I want to
within their stores so what I want to
within their stores so what I want to talk about today is how we stay in front
talk about today is how we stay in front
talk about today is how we stay in front of that technology and just a little bit
of that technology and just a little bit
of that technology and just a little bit about why I think it’s so important so
about why I think it’s so important so
about why I think it’s so important so let me kind of set the stage a little
let me kind of set the stage a little
let me kind of set the stage a little bit my background as you can read in my
bit my background as you can read in my
bit my background as you can read in my bio has all been with technology
bio has all been with technology
bio has all been with technology companies I worked my yearly career with
companies I worked my yearly career with
companies I worked my yearly career with Hewlett Packard I learned a lot about
Hewlett Packard I learned a lot about
Hewlett Packard I learned a lot about the importance of Hardware about
the importance of Hardware about
the importance of Hardware about integrating Hardware about developing
integrating Hardware about developing
integrating Hardware about developing solutions and hardware I then went to
solutions and hardware I then went to
solutions and hardware I then went to work for Apple Computer for about 10
work for Apple Computer for about 10
work for Apple Computer for about 10 years and learned about the
years and learned about the
years and learned about the so the integration of hardware and
so the integration of hardware and
so the integration of hardware and software and developing solutions and
software and developing solutions and
software and developing solutions and technologies that were easy to use for
technologies that were easy to use for
technologies that were easy to use for everybody to use after h after Apple I
everybody to use after h after Apple I
everybody to use after h after Apple I went to work for Cisco at Cisco I
went to work for Cisco at Cisco I
went to work for Cisco at Cisco I learned the importance of taking all of
learned the importance of taking all of
learned the importance of taking all of these components now and applying new
these components now and applying new
these components now and applying new technologies to them some of these new
technologies to them some of these new
technologies to them some of these new technologies that that we started to
technologies that that we started to
technologies that that we started to deploy were things like machine learning
deploy were things like machine learning
deploy were things like machine learning and artificial intelligence and how to
and artificial intelligence and how to
and artificial intelligence and how to use that technology for your benefit to
use that technology for your benefit to
use that technology for your benefit to create alerts and notifications about
create alerts and notifications about
create alerts and notifications about your network and how they were being
your network and how they were being
your network and how they were being used and threats that were happening and
used and threats that were happening and
used and threats that were happening and potential failures of your network so I
potential failures of your network so I
potential failures of your network so I learned a lot about that and then the
learned a lot about that and then the
learned a lot about that and then the last four or five years have been
last four or five years have been
last four or five years have been working very closely in things new
working very closely in things new
working very closely in things new technologies like blockchain so one of
technologies like blockchain so one of
technologies like blockchain so one of the questions I get a lot is well what
the questions I get a lot is well what
the questions I get a lot is well what exactly is blockchain a lot of people
exactly is blockchain a lot of people
exactly is blockchain a lot of people think blockchain is Bitcoin and in
think blockchain is Bitcoin and in
think blockchain is Bitcoin and in cybersecurity
cybersecurity
cybersecurity basically what blockchain is is what’s
basically what blockchain is is what’s
basically what blockchain is is what’s called a distributed ledger think about
called a distributed ledger think about
called a distributed ledger think about and think of what that means distributed
and think of what that means distributed
and think of what that means distributed means these files are distributed across
means these files are distributed across
means these files are distributed across hundreds of of computers that are
hundreds of of computers that are
hundreds of of computers that are networked together a ledger is basically
networked together a ledger is basically
networked together a ledger is basically a debit and a credit so managing that
a debit and a credit so managing that
a debit and a credit so managing that debit and credit within the platform
debit and credit within the platform
debit and credit within the platform across hundreds of computers actually
across hundreds of computers actually
across hundreds of computers actually provides a lot of benefits
provides a lot of benefits
provides a lot of benefits number one it makes it very hard to hack
number one it makes it very hard to hack
number one it makes it very hard to hack it makes it so that cyber security
it makes it so that cyber security
it makes it so that cyber security technologies can actually prevent those
technologies can actually prevent those
technologies can actually prevent those things from happening the other thing
things from happening the other thing
things from happening the other thing that it does it it creates a trust a
that it does it it creates a trust a
that it does it it creates a trust a level of trust for that data and that
level of trust for that data and that
level of trust for that data and that technology that may exist within each
technology that may exist within each
technology that may exist within each one of those nodes so what I want to
one of those nodes so what I want to
one of those nodes so what I want to talk a little bit about today now are
talk a little bit about today now are
talk a little bit about today now are some examples of how that technology is
some examples of how that technology is
some examples of how that technology is being used let’s talk about one of them
being used let’s talk about one of them
being used let’s talk about one of them the first one that I want to share with
the first one that I want to share with
the first one that I want to share with you is a company called
you is a company called
you is a company called Merce Merce is in Copenhagen Denmark
Merce Merce is in Copenhagen Denmark
Merce Merce is in Copenhagen Denmark they’re one of the largest shipping and
they’re one of the largest shipping and
they’re one of the largest shipping and logistics companies in the world
logistics companies in the world
logistics companies in the world let me give you a little example of what
let me give you a little example of what
let me give you a little example of what some of their challenges are as a
some of their challenges are as a
some of their challenges are as a company they manage about a hundred and
company they manage about a hundred and
company they manage about a hundred and fifty ports around the world
fifty ports around the world
fifty ports around the world these are ports where vessels are coming
these are ports where vessels are coming
these are ports where vessels are coming in and out continuously through the
in and out continuously through the
in and out continuously through the ports they also have about two to three
ports they also have about two to three
ports they also have about two to three million containers these are large
million containers these are large
million containers these are large containers that are coming again in real
containers that are coming again in real
containers that are coming again in real time in and out of the ports they’re
time in and out of the ports they’re
time in and out of the ports they’re trying to manage where they are upper
trying to manage where they are upper
trying to manage where they are upper operationally so they have a really
operationally so they have a really
operationally so they have a really difficult time managing that and at the
difficult time managing that and at the
difficult time managing that and at the same time they’re trying to track about
same time they’re trying to track about
same time they’re trying to track about four trillion dollars worth of business
four trillion dollars worth of business
four trillion dollars worth of business as all of this is moving around the
as all of this is moving around the
as all of this is moving around the world let’s take one example let’s take
world let’s take one example let’s take
world let’s take one example let’s take one vessel one vessel for example
one vessel one vessel for example
one vessel one vessel for example requires about 200 interactions just
requires about 200 interactions just
requires about 200 interactions just moving from point A to point B 200
moving from point A to point B 200
moving from point A to point B 200 interactions with individuals it also
interactions with individuals it also
interactions with individuals it also requires coordination with about 30
requires coordination with about 30
requires coordination with about 30 other companies it also requires about
other companies it also requires about
other companies it also requires about four inches of documentation remember
four inches of documentation remember
four inches of documentation remember this is where one vessel at one time
this is where one vessel at one time
this is where one vessel at one time between two ports vast amounts of data
between two ports vast amounts of data
between two ports vast amounts of data is getting generated so they’ve decided
is getting generated so they’ve decided
is getting generated so they’ve decided to use blockchain to help improve
to use blockchain to help improve
to use blockchain to help improve operationally many of those ships as
operationally many of those ships as
operationally many of those ships as they’re going in and out of ports
they’re going in and out of ports
they’re going in and out of ports they’re using blockchain to create what
they’re using blockchain to create what
they’re using blockchain to create what are called Smart contracts contracts
are called Smart contracts contracts
are called Smart contracts contracts between those 200 interactions between
between those 200 interactions between
between those 200 interactions between those four inches of documentation they
those four inches of documentation they
those four inches of documentation they can now reduce so they’ve been able to
can now reduce so they’ve been able to
can now reduce so they’ve been able to identify that they can actually increase
identify that they can actually increase
identify that they can actually increase by about 15% the number of ships that
by about 15% the number of ships that
by about 15% the number of ships that they can ship around the world at the
they can ship around the world at the
they can ship around the world at the same time reduced by about 10 or 15%
same time reduced by about 10 or 15%
same time reduced by about 10 or 15% their operational costs those are huge
their operational costs those are huge
their operational costs those are huge savings for companies that are worth
savings for companies that are worth
savings for companies that are worth billions and billions of dollars another
billions and billions of dollars another
billions and billions of dollars another example I like to share with you is a
example I like to share with you is a
example I like to share with you is a company called open open is the first
company called open open is the first
company called open open is the first end-to-end logistics supply chain
end-to-end logistics supply chain
end-to-end logistics supply chain platform for commodities this will
platform for commodities this will
platform for commodities this will affect about 30 different commodities
affect about 30 different commodities
affect about 30 different commodities commodities are things like rice and
commodities are things like rice and
commodities are things like rice and grain and oil and gas and metals all
grain and oil and gas and metals all
grain and oil and gas and metals all different types of metals so it’s about
different types of metals so it’s about
different types of metals so it’s about a hundred and fifty year old business
a hundred and fifty year old business
a hundred and fifty year old business that has never had any technology before
that has never had any technology before
that has never had any technology before it’s all manual today there’s lots of
it’s all manual today there’s lots of
it’s all manual today there’s lots of fraud there’s lots of pricing
fraud there’s lots of pricing
fraud there’s lots of pricing manipulation that happens because there
manipulation that happens because there
manipulation that happens because there no transparency of the of the
no transparency of the of the
no transparency of the of the transactions there’s lots of theft and a
transactions there’s lots of theft and a
transactions there’s lots of theft and a lot of corruption in the business the
lot of corruption in the business the
lot of corruption in the business the other thing is that it it’s it really is
other thing is that it it’s it really is
other thing is that it it’s it really is a pretty lengthy process it takes about
a pretty lengthy process it takes about
a pretty lengthy process it takes about five to six weeks for this entire
five to six weeks for this entire
five to six weeks for this entire process to be completed from beginning
process to be completed from beginning
process to be completed from beginning to end and again there’s it’s fraught
to end and again there’s it’s fraught
to end and again there’s it’s fraught with a lot of danger
with a lot of danger
with a lot of danger so with those as kind of the parameters
so with those as kind of the parameters
so with those as kind of the parameters that we’ve decided to use blockchain
that we’ve decided to use blockchain
that we’ve decided to use blockchain again as a as a back-end platform to
again as a as a back-end platform to
again as a as a back-end platform to help manage all of these transactions to
help manage all of these transactions to
help manage all of these transactions to create smart contracts to improve the
create smart contracts to improve the
create smart contracts to improve the efficiencies and operations of this
efficiencies and operations of this
efficiencies and operations of this we’ve been able to determine that we can
we’ve been able to determine that we can
we’ve been able to determine that we can take this five to six week process and
take this five to six week process and
take this five to six week process and actually reduce it down to minutes by
actually reduce it down to minutes by
actually reduce it down to minutes by automating this by providing technology
automating this by providing technology
automating this by providing technology to it by really increasing the
to it by really increasing the
to it by really increasing the efficiencies of each one of these
efficiencies of each one of these
efficiencies of each one of these operations and with blockchain now it
operations and with blockchain now it
operations and with blockchain now it creates transparency so that you can see
creates transparency so that you can see
creates transparency so that you can see every single operation that would
every single operation that would
every single operation that would normally take five or six weeks you can
normally take five or six weeks you can
normally take five or six weeks you can see the operations of setting up
see the operations of setting up
see the operations of setting up financing setting up warehousing setting
financing setting up warehousing setting
financing setting up warehousing setting up the transportation set it up setting
up the transportation set it up setting
up the transportation set it up setting up shipping setting up the the funding
up shipping setting up the the funding
up shipping setting up the the funding for it setting up the insurance there is
for it setting up the insurance there is
for it setting up the insurance there is a hundred different processes along that
a hundred different processes along that
a hundred different processes along that and in the past no one’s been able to
and in the past no one’s been able to
and in the past no one’s been able to see the whole thing so you’ve never been
see the whole thing so you’ve never been
see the whole thing so you’ve never been able to really verify if you’re getting
able to really verify if you’re getting
able to really verify if you’re getting a good price for something and the other
a good price for something and the other
a good price for something and the other problem that exists is that there’s a
problem that exists is that there’s a
problem that exists is that there’s a there’s about a hundred middlemen that
there’s about a hundred middlemen that
there’s about a hundred middlemen that are in the middle of this this process
are in the middle of this this process
are in the middle of this this process they’re taking a little piece of the cut
they’re taking a little piece of the cut
they’re taking a little piece of the cut of those of the transactions that
of those of the transactions that
of those of the transactions that results in about a twenty to twenty five
results in about a twenty to twenty five
results in about a twenty to twenty five percent margin so within the the price
percent margin so within the the price
percent margin so within the the price of a commodity and let’s say you’re
of a commodity and let’s say you’re
of a commodity and let’s say you’re paying a dollar for for an ounce of
paying a dollar for for an ounce of
paying a dollar for for an ounce of copper 25% of that is useless it’s just
copper 25% of that is useless it’s just
copper 25% of that is useless it’s just a middleman that’s trying to take a cut
a middleman that’s trying to take a cut
a middleman that’s trying to take a cut we’ve been able to cut that completely
we’ve been able to cut that completely
we’ve been able to cut that completely out by using blockchain machine learning
out by using blockchain machine learning
out by using blockchain machine learning and AI so it really is creating some
and AI so it really is creating some
and AI so it really is creating some tremendous efficiencies the other thing
tremendous efficiencies the other thing
tremendous efficiencies the other thing that we can do because
that we can do because
that we can do because now we have all of the data in to end we
now we have all of the data in to end we
now we have all of the data in to end we can start running machine learning and
can start running machine learning and
can start running machine learning and aei models against each one of these
aei models against each one of these
aei models against each one of these processes number one to improve
processes number one to improve
processes number one to improve efficiencies but also to give the buyer
efficiencies but also to give the buyer
efficiencies but also to give the buyer or the seller a better view of what that
or the seller a better view of what that
or the seller a better view of what that what exactly that transaction is costing
what exactly that transaction is costing
what exactly that transaction is costing and how long it’s going to take so for
and how long it’s going to take so for
and how long it’s going to take so for example by using some machine learning
example by using some machine learning
example by using some machine learning models now that we have all of that data
models now that we have all of that data
models now that we have all of that data we can set up alerts that say will you I
we can set up alerts that say will you I
we can set up alerts that say will you I want an alert that tells me whenever I’m
want an alert that tells me whenever I’m
want an alert that tells me whenever I’m shipping a copper from Shanghai to Chile
shipping a copper from Shanghai to Chile
shipping a copper from Shanghai to Chile during the month of January tell me what
during the month of January tell me what
during the month of January tell me what the average price is there’s the
the average price is there’s the
the average price is there’s the shipping price for that or tell me what
shipping price for that or tell me what
shipping price for that or tell me what the logistic services or insurance
the logistic services or insurance
the logistic services or insurance services are for this particular month
services are for this particular month
services are for this particular month for this particular kind of commodity
for this particular kind of commodity
for this particular kind of commodity during this particular time of the year
during this particular time of the year
during this particular time of the year we’ve never been able to do that before
we’ve never been able to do that before
we’ve never been able to do that before without having all of that data at our
without having all of that data at our
without having all of that data at our fingertips we can do that now and
fingertips we can do that now and
fingertips we can do that now and finally the last example I have is a
finally the last example I have is a
finally the last example I have is a company that I work with in Israel
company that I work with in Israel
company that I work with in Israel called a Gua zo it gwazi au has built a
called a Gua zo it gwazi au has built a
called a Gua zo it gwazi au has built a machine learning intelligent platform
machine learning intelligent platform
machine learning intelligent platform that actually integrates all of this
that actually integrates all of this
that actually integrates all of this technology together seamlessly I
technology together seamlessly I
technology together seamlessly I mentioned I used to work for Cisco I
mentioned I used to work for Cisco I
mentioned I used to work for Cisco I worked for a business unit called Smart
worked for a business unit called Smart
worked for a business unit called Smart Services smart services was about a
Services smart services was about a
Services smart services was about a three billion dollar business
three billion dollar business
three billion dollar business it took Cisco about three years and
it took Cisco about three years and
it took Cisco about three years and about two or three hundred engineers to
about two or three hundred engineers to
about two or three hundred engineers to create this smart services application
create this smart services application
create this smart services application that actually did predictive analytics
that actually did predictive analytics
that actually did predictive analytics on your network to be able to anticipate
on your network to be able to anticipate
on your network to be able to anticipate when you may be having a failure on your
when you may be having a failure on your
when you may be having a failure on your network what we did using the Iglesia
network what we did using the Iglesia
network what we did using the Iglesia platform and this this integrated
platform and this this integrated
platform and this this integrated technology has been able to do in about
technology has been able to do in about
technology has been able to do in about two weeks with one engineer what it did
two weeks with one engineer what it did
two weeks with one engineer what it did Cisco three years and hundreds of
Cisco three years and hundreds of
Cisco three years and hundreds of engineers to do so you can imagine now
engineers to do so you can imagine now
engineers to do so you can imagine now the kind of things that we can do the
the kind of things that we can do the
the kind of things that we can do the kind of platforms we can create the kind
kind of platforms we can create the kind
kind of platforms we can create the kind of integration that’s happening now
of integration that’s happening now
of integration that’s happening now between blockchain and machine learning
between blockchain and machine learning
between blockchain and machine learning and AI and the cloud all of these things
and AI and the cloud all of these things
and AI and the cloud all of these things are coming together they have not been
are coming together they have not been
are coming together they have not been proven and
proven and
proven and he’ll just recently blockchain really
he’ll just recently blockchain really
he’ll just recently blockchain really was not ready for production 16 of the
was not ready for production 16 of the
was not ready for production 16 of the largest banks now are implementing
largest banks now are implementing
largest banks now are implementing blockchain projects so blockchain is now
blockchain projects so blockchain is now
blockchain projects so blockchain is now ready it’s been proven it’s been
ready it’s been proven it’s been
ready it’s been proven it’s been validated it has been certified machine
validated it has been certified machine
validated it has been certified machine learning is much more mature now ai is
learning is much more mature now ai is
learning is much more mature now ai is much more mature companies now really
much more mature companies now really
much more mature companies now really trust in the cloud now so the cloud is
trust in the cloud now so the cloud is
trust in the cloud now so the cloud is now a viable place to store a lot of
now a viable place to store a lot of
now a viable place to store a lot of this information so I guess my point now
this information so I guess my point now
this information so I guess my point now is that all of these technologies have
is that all of these technologies have
is that all of these technologies have converged they’re now ready to go to
converged they’re now ready to go to
converged they’re now ready to go to market they are now production ready and
market they are now production ready and
market they are now production ready and now it’s up to us to actually apply
now it’s up to us to actually apply
now it’s up to us to actually apply these new technologies to new problems
these new technologies to new problems
these new technologies to new problems that exist today my goal is that we can
that exist today my goal is that we can
that exist today my goal is that we can work together on this that we can find
work together on this that we can find
work together on this that we can find new solutions I’m a continuous learner
new solutions I’m a continuous learner
new solutions I’m a continuous learner so I love to learn about new
so I love to learn about new
so I love to learn about new technologies and I think every company
technologies and I think every company
technologies and I think every company in the world has to be a technology
in the world has to be a technology
in the world has to be a technology company if you’re not you will be out of
company if you’re not you will be out of
company if you’re not you will be out of business just like Toys R Us had to file
business just like Toys R Us had to file
business just like Toys R Us had to file bankruptcy this year thank you
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