Anuj Varma is a regular speaker on Cloud Computing and Blockchain technologies. He also conducts youth camps to encourage math, science and computer science knowledge amongst kids.
In this patented seminar, Anuj describes the various industries being upturned by Blockchain technology.
Equity Markets
Nasdaq realized the need to do away with paper stock issued certificates. For Pre-IPOs, rather than provide paper certifications, Nasdaq launched a project called LINQ. LINQ is an example of a digital representation of a physical asset; in this case a piece of paper. LINQ issues pre-IPO stocks digitally and stores them on a blockchain ledger, thereby avoiding any risk of tampering.
Anuj’s workshop / seminar covers the impact of Blockchain on Equity Markets.
Real Estate – Digitization of Assets
Think about your land deed. It is a paper document. If you wanted to gift half your land to your son and the other half to your daughter, you would have to go through a complicated legal process, because the asset representing your land (the deed) was not digitized. If it were truly digitized, the entire land would be represented in binary (just like bitcoin), and you could simply send half a ‘landcoin’ to your son and half to your daughter. No other paperwork required! Such is the power of digitizing assets and storing them on the blockchain. Anuj’s workshop / seminar covers the impact of Blockchain on Real Estate.
Utilities – Power Generation and Distribution
Siemens micro grid is an effort to turn rooftop solar panels into producers and distributors of electric power. Blockchain based ledgers will track each such power transaction. Anuj’s workshop / seminar covers the impact of Blockchain on Utilities.
Healthcare and Medical Insurance
Patients are required to fill out multiple paper forms, which are scanned, then shared with doctors across hospitals. In all the transformation and transmission, data often gets lost, or is incorrectly associated. Claims processing takes forever and costs insurance companies more than 20% of their total operating costs. What if all this patient data was stored with the patient (just like Bitcoin is stored on their own wallet)? Anuj’s workshop / seminar covers the impact of Blockchain on the Healthcare Industry.
Insurance
Everything that applied to the medical insurance scenario above can be applied to auto insurance and other forms of insurance as easily. Anuj’s workshop / seminar covers the impact of Blockchain on Medical Insurance and Healthcare.
Dating, Social Media and The Identity Problem
The biggest issue in all social media is that of identity. How do you tell whether a profile is real, doctored or simply a bot? Blockchain based solutions to this are straightforward. A variety of Oracles could be used to verify identity. Anuj’s workshop / seminar covers the impact of Blockchain on Social Media and the Online Dating Industry.
Finance and Currency Trading
Obviously, currency as we know it is undergoing a drastic overhaul. Anuj’s workshop / seminar covers the impact of Blockchain on Finance, Currency and CryptoCurrency trading.