Blockchain Competence for Innovation
The potential to shape or disrupt business models and industries
Blockchain is one the key digital technologies with the potential to shape or disrupt many business models and industries. The global blockchain market is projected to grow from $7.18 billion in 2022 to $163.83 billion by 2029 according to Fortune.
Blockchain applications are already used in many industries from banking and insurance to healthcare and retail but also in public administration and government. It is therefore relevant for all organisations to understand implications, potentials and limitations to implement blockchain based solutions for innovation and growth.
The focus of this seminar is not only to provide an insight in the way the blockchain technology, cryptocurrencies and smart contracts work and the types of applications they currently have and might have in the future. Furthermore, it encourages participants to proactively contribute their business experience and proactively develop blockchain-based solutions.
Decentralisation is the key word of the new models made possible by the blockchain. The seminar helps to understand what impact this has on your own business model and how your business model is changing due to the blockchain. However, the seminar does not end with understanding this cryptic new world, but offers the opportunity to actively design a solution yourself with the help of the latest management methods.Participants will be supported in this by industry experts from the various disciplines.
Benefit for participants
Benefits for organisations
Dr. Marcus Schmalbach
Dr. Marcus Schmalbach is an internationally recognised expert on blockchain, both in practice and in research.
Dr. Marcus Schmalbach is an internationally recognised expert on blockchain, both in practice and in research. His research is aimed at the primary use of blockchain technology in the global capital and reinsurance market. He graduated with a PhD from the University of Gloucestershire with a focus on Alternative Risk Financing and with an MBA in International Management from ESB Business School in Reutlingen. He designed and directed the MBA programme with a focus on "Innovation & Leadership'' at a German business school and was a visiting professor at universities in Europe and the USA.
Currently, he is an Affiliate Professor at ESCP and teaches with a focus on AI & Blockchain. Dr. Marcus Schmalbach has a column on digital transformation of the insurance & captive industry and regularly publishes articles on topics such as impact of Blockchain & AI on the capital markets industry. Besides his academic career, he acts as the CEO of Ryskex - a blockchain-enabled Risk Exchange based in New York City. At the beginning of his professional life he earned his first stripes as a consultant for global players in the insurance and reinsurance market on the topic of business model innovation and digitalisation.