Session: State of Blockchain and Web3 Adoption in Enterprise
Today, new industry ecosystems are being formed on top of new technologies such as blockchain and digital assets that are digitally transforming how data and value flow. Learn about global companies and business networks in production today that are leveraging digital assets, fungible and nonfungible tokens, and decentralized technologies to evolve legacy business processes and revolutionize business models.
While blockchain offers significant promise to enterprises, what’s less well known is that the development of most enterprise use cases get stuck due to the challenges of new Web3 programming models and to tackling the multi-party data flows, tokens, privacy and more. The blockchain itself accounts for just 5-10% of a multi-party business process, while cross-party data flows make up as much as 75% of the solution.
We will also talk about how to build digital assets and multiparty systems for enterprise data flows, powered by blockchain. Enterprise APIs and services can be leveraged to build blockchain apps for enterprise radically faster by allowing you to focus on business logic instead of low-level web 3 plumbing. We will discuss the platforms and open source technologies that are rapidly accelerating the adoption of blockchain technology in the enterprise arena.
Bio
Sophia Lopez is a Founder and Chief Operating Officer of Kaleido, an award-winning digital transformation platform rated by global industry analysts as the #1 blockchain platform. Its clients include the top insurance and healthcare networks, the top third of the world’s largest 20 banks, and 80% of the world’s supply chain leaders. 1000s of enterprise blockchain networks are running globally on its platform today. Kaleido is backed by the world’s largest blockchain company and the leading cloud companies AWS and Azure.
Prior to Kaleido, Sophia led the IBM Blockchain Platform team with responsibility for the open-source portfolio and commercialization of the blockchain technology, launching the industry’s first blockchain managed service and two subsequent generations of managed blockchain services. Previously, Sophia held various positions in IBM as a Profit and Loss (P&L) Leader responsible for multi-billion dollar lines of business for enterprise systems. Sophia shaped business vision and strategy, drove growth in mature segments, and incubated successful new technology business lines. Sophia has an engineering undergraduate degree from Harvard University and an MBA from University of North Carolina Chapel Hill.