216: Alex Medana – Blockchain, Identity and Financial Inclusion in Asia
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Experts predict Asia's travel market will grow 56% to $670 billion by 2024. CEO Tony Fernandes has already set out a Digital Transformation strategy that will evolve AirAsia from being an airline to a digital travel company. It's a bold challenge, but one with the right leadership and vision in place. In my playbook for change, "The Digital Transformation Story" I share case studies of brands who are facing the digital transformation challenge, a challenge that is ultimately about people not digital.
In this disruptive shift from Industrial to Digital, Pipeline to Platform, companies will need to adapt from the Big Idea to Big Data. Communication will shift from the external buying of attention to internal storytelling to create innovative tribes of purpose within their ecosystems.
[24:50] Do we own our identity? Who owns "me"? What will the distribution of our identity on the blockchain mean for finance, contracts and our relationship with government?
[28:11] Will intermediaries (bank loans, credit cards companies, credit agencies) exist in a world where block chain is the dominant form of wealth distribution?
[37:33] Financial inclusion in Asia and how blockchain will affect access to new forms of payment or capital in rural areas