For Bangladesh Research and Education Network (BdREN)

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For Bangladesh Research and Education Network (BdREN) 9/30/2020 The Computers Limited (Estd 1983) 1

Transcript of For Bangladesh Research and Education Network (BdREN)

Page 1: For Bangladesh Research and Education Network (BdREN)

For

Bangladesh Research and Education Network

(BdREN)9/30/2020 The Computers Limited (Estd 1983) 1

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A brief about

K Atique e RabbaniB Tech (Hons), UK, FCA

Managing Director, The Computers Ltd

Blockchain Evangelist, Software Project manager, Designer, Software Developer in UK and Bangladesh

Chief, AtiqueRabbani Consulting Blockchain, (Blockchain, ICT and Financial Accounting)

Past President, Institute of Internal Auditors Bangladesh

Independent Director, ADN Telecom Ltd

Former VP, Dhaka Chamber of Commerce and Industry

Founder Member, Past Treasurer and Secretary General, BCS and BASIS

Former Director, ICB Securities Trading Co. and Energypac Power Generation Ltd

Life Member, MECA and Cadet College Club Ltd

fb/atique.rabbani; www.linkedin.com/in/khondkar-atique-e-rabbani-4ab6846/:

https://www.youtube.com/channel/UCG43OKVAHzNwZ5SK_aN28yg

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Index1.Preamble

2.Blockchain Applications in Education

3.Blockchain Applications in other areas

4.Why should we embrace Blockchain in Bangladesh

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1Preamble

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Internet today

information at fingertips

short on authenticity9/30/2020 The Computers Limited (Estd 1983) 5

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Digital world today

long on collecting data

short on securing data9/30/2020 The Computers Limited (Estd 1983) 6

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Digital world today

long on collecting user data

short on giving user ownership of data

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Digital world today

long on impersonation

short on identity protection9/30/2020 The Computers Limited (Estd 1983) 8

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On the internet nobody knows you are a dog

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Digital world today

still centralised

short on empowering user9/30/2020 The Computers Limited (Estd 1983) 10

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Tamper proof system of recordAuthenticityData Security

DecentralisatonNo middle men

DisintermediationPrivacy protectionSelf sovereign ID

User Owning DataUser empowermentRules without rulers

Blockchain Foundational Technology9/30/2020 The Computers Limited (Estd 1983) 11

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Ledger (System of Record) through times

1. Manual: Centralised, Middlemen, Very limiting, Untenable

2. Digital: Still Centralised, Middlemen, One point of vulnerability, privacy compromising, insecure data

3. Blockchain based Digital: Decentralised, No middlemen, Consensus based information entry, Unerasable data, tamper proof record keeping, One state of information accessible by all users

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Blockchain enabling transformation from

Vanity Digitisationto

Sanity Digitisation9/30/2020 The Computers Limited (Estd 1983) 13

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Blockchain Applications in Education

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Why Education - Going back to basics

1.Education to enlighten us 2.Education to make us more humane3.Education to inspire 4.Education to find one’s own potential5.Education for gainful employment6.Relevant Education 7.Life long Education

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Reimagining Education in a digitally connected world

1. Education model from broadcast to participatory

2. Shift to custom education from mass education – one size does not fit all

3. Shift to collaborative rather than hierarchical education

4. Education - any time and any place

5. Decentralised network of teachers and learners - privacy preserving, identity securing, credentials authenticating

6. Discovery of potential employee by employers from comprehensive and secure Education - Employer network

7. Blockchain technology enables all above

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Blockchain enables decentralized disaggregated

education9/30/2020 The Computers Limited (Estd 1983) 17

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Blockchain enables one to own an incorruptible and verified

ledger of all one’s credentials, competencies, skills,

achievements for sharing with anyone

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Smart and Secure Education system

Smart school, colleges, Universities, educational institutions

Smart teacher – learner – employer eco system

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Ways Blockchain can revolutioniseEducation

Incremental: Self Sovereign ID for all, existing Credential authentication

Disruptive: Decentralise Education , tokenize/incentivize learning, on demand life

long learning

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Block.co powered by University of Nicosia

1.Pioneer in offering Blockchain related courses and also applying Blockchain in their processes since 2014

2.Instant verification of authenticity - Publishes Bachelors, Masters, Doctoral degrees on Bitcoin Blockchain since 2017

3.Block.co – a pioneer in Blockchain credentialling applications , powered by UNIC

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Blockeducate.com

• Blockeducate utilizes smart contracts on the Ethereum Blockchain to encrypt and issue certificates.

• Students are provided with badges in wallets via a secure and seamless easy to use SaaS web and mobile platforms.

• They can share these badges with job providers to verify their educational achievements.

• Job providers can ascertain educational content and authenticate the issued certificates without intervention from the certificate publisher.

• UNIVERSITIES, COMPLIANCE AGENCIES, ENTERPRISES CAN EASILY PUBLISH TO THE BLOCKCHAIN

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British Univ of DUBAI - BUID

•Dubai Centre for Risk and Innovation, BUID, in collaboration with the University of Nicosia provide blockchain based certificates since 2017.

•All past students are also being given blockchain based certificates

• They are in the process of providing blockchain certification technology to various Governmental and non-Governmental Higher Institutions within UAE.

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Bitdegree

•BitDegree, started in 2017, is an online educational platform that focuses on teaching digital skills.

•Aiming to connect teachers/students and employers in a mutually beneficial fashion

•BitDegree uses blockchain technology to record educational achievements and enable anyone to issue cryptocurrency-based scholarships to the learners.

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Blockcerts• Blockcerts began in 2015 as part of a project by the MIT Media Lab.

• It emerged as a response to the desire for high-stakes credentials such as degrees, diplomas in a digital format.

• The intent was to leverage the power of the blockchain as a global notary for the verification of digital records.

• Mozilla Open Badges, since 2011, has been producing micro credentials. They are digital badges produced through a digital image and a hosted set of data. They have security limitations.

• Blockcert issued credentials as software (university degree, diploma, transcript), are registered on a Blockchain, a huge improvement on Open Badges.

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Blockchain Applications in other areas

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Blockchain uses Only Limited by imagination

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Blockchain uses Only Limited by imagination

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Blockchain Use Cases

1. Accounting2. Government3. Financial Services Industry4. Supply Chain5. Cybersecurity6. Digital Identity7. Voting8. Fundraising9. Healthcare10. Notary11. Food Safety

12. Intellectual Property13. Media14. Manufacturing and Retail15. Real Estate16. Transport and Tourism17. Education 18. Charity19. Any transaction/ process

oriented task

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Blockchain Use Cases

1. Blockchain has many practical use cases and new applications of the technology are continuously introduced.

2. This development is shown by a survey from the World Economic Forum from 2015, which predicts that 10% of global GDP will be stored on the blockchain by 2027.

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Dubai and Estonia

1. The United Arab Emirates (UAE) launched “Emirates Blockchain Strategy 2021” with an aim to transform 50 percent of government transactions onto a Blockchain platform

2. Smart Dubai is going paperless -in the process of digitizing the 1 billion sheets of paper that are produced each year by  digitizing all services. These previous records will now be securely transacted using blockchain technology.

3. Estonia uses blockchain technology to enforce the integrity of government data and systems. Estonian Information Systems Authority (RIA) is an integral service provider for the Government, guaranteeing the access to the blockchain network for the State Agencies via the X-road infrastructure.

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Blockchain Use Cases – Digital IdentityGOVERNMENT AND IDENTITY CASE STUDY

1. Zug Digital ID: Introducing civil identity on the blockchain

2. The Zug ID is an initiative pioneered by the Zug government that grants a digital, decentralized, sovereign identity to each of its citizens.

3. This identity enables citizens to partake in government-related activities like getting verified by city officials, casting votes, and accessing government services.

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Which countries or regions have most blockchain innovations? Which markets are the hottest?

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Satoshi Nakamoto – Bitcoin creator1. Lehman Bros collapsed on Sep

15 2008.2. Satoshi Nakamoto is a

pseudonym for a person or group of persons who released a white paper on Oct 31, 2008 called “Bitcoin: A Peer-to-Peer Electronic Cash System”

3. It created the world’s first peer to peer decentralized monetary system. First manifestation of Blockchain.

4. Internet based money enabled online payments without a third party

5. It (Bitcoin) was not issued by any Government or third party

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What is Ethereum?1. Ethereum is an open software platform based on

blockchain technology that enables developers to build and deploy decentralized applications.

2. Thirty big banks, tech giants, and other organizations—including J.P. Morgan Chase, Microsoft, and Intel—are uniting to build business-ready versions of the software behind Ethereum, a decentralized computing network based on digital currency.

3. Until relatively recently, building blockchainapplications has required a complex background in coding, cryptography, mathematics as well as significant resources.

4. But times have changed. Previously unimagined applications, from electronic voting & digitally recorded property assets to regulatory compliance & trading are now actively being developed and deployed faster than ever before.

Vitalik Buterin, Russian Canadian, born 1994, Co founder of Ethereum

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Blockchain Applications in Bangladesh

1. In Bangladesh BCC has a pilot certificate credentialling application

2. IPDC has ‘Orjon’, blockchain based supply chain finance built on Hyperledger Fabric in 2019.

3. SCB and Contour facilitated using private blockchain to settle paperless local LC between Viyellatex Spinning and Viyellatex Garments. SCB, using ANT Group Blockchain technology launched remittance from Malaysia using bKash.

4. Bank Asia incorporating Ripple X Current system with its CBS to connect to Ripplenet for smoother remittance transactions.

5. Robi has “Phone Loan” smartphone financing campaign, a solution using Alternative Credit Scoring powered by Blockchain and Big Data analytics.

6. We, in TCL (The Computers Ltd) are in the process of producing “Sanad” for certifying any document anchored on a public blockchain.

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Why should we embrace Blockchain technology in

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Blockchain matters

Excitement and Scepticism9/30/2020 39The Computers Limited (Estd 1983)

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Blockchain Acceptability

Some countries provide favourable backdrop

yet others have created massive roadblocks

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Blockchain brings equity

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Take Blockchain’s callingBeyond all the technicalities Blockchain gives us reliable

record keeping-the core need of our times

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Incentive to do better

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Why should Bangladesh embrace Blockchain technology in all earnest

1. What is a country but its people? All people. 160 million of us.

2. We have about 20% of our people under national poverty line and another 10% in abject poverty. Covid 19 is likely to make it significantly worse. About 55% of population live in slums and in Dhaka alone more than 3.5 million people live in slums.

3. We must focus on welfare of our people and how and what appropriate technology can be adopted in our context. The most vulnerable must benefit from this technology.

4. Technology, Blockchain and 4IR will automate away and eliminate.

5. Eliminate corruption and jobs. First is welcome but job loss issue must be solved. We cannot jump from a frying pan to fire.

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A fair digital Bangladesh

1. $ 3.6 trillion dollars is paid in bribes each year around the world.

2. Corruption is like cancer. It must be eliminated.

3. Blockchain based data infrastructure including all public and private data is a must for Bangladesh.

4. Bangladesh will be run a like well oiled IT company.

5. Individuals will have all services, government and others, online at their fingertips.

6. We will have emancipated Blockchain powered Digital Bangladesh

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ImagineBlockchain

can help the

world healWorld Economic Forum lists Blockchain as one of the top ten emerging technologies of 2016

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Blockchain concept will certainly mutate for the better.

Soon no one will know that they are using Blockchain

technology.9/30/2020 48The Computers Limited (Estd 1983)

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BlockchainThis chain is not that chain

That chain enslaves

This chain liberates9/30/2020 49The Computers Limited (Estd 1983)

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Thank you for

listening9/30/2020 The Computers Limited (Estd 1983) 50