DUBAI: Blockchain technologyis transforming “internet of information into internet of value,” according toSaqr Mashhor Ereiqat, the co-founder of Crypto Oasis.
While speaking at a session in the Top CEO Forum, Ereiqat also noted that the majority of the people use the Internet, but do not know how it works.
Ereiqat added that he used to advise governments on how they can use blockchain to benefit them. He, however, made it clear that governments like to control the network they offer.
Ereiqat also noted that blockchainprovides a way to trace a value from beginning to end.
Franck Mandon, chief operating officer of Nujumz, during the session told that blockchain is going to transform the way humans trusted each other.
However, ParitoshGambhir, partner audit KPMG, noted that most clients need education about blockchain,and the value potential — if any — of the technology.