Founder and CEO of InsideChains
Title of the speech:
The Future of Trust
The 2007 global financial crisis dramatically challenged trust, and yet it was this lack of trust that gave birth to Bitcoin, a secure peer-to-peer transaction network. Bitcoin’s underlying blockchain technology facilitates trust in peer-to-peer transactions through consensus verification, immutable records and transaction visibility. The fact that Bitcoin is worth billions and hasn’t been hacked, has inspired over 100 variations of blockchain and distributed ledgers. A wide range of trusted distributed applications are being launched on these public, hybrid and private blockchains. Long complex data intensive multi-party workflows are being managed on blockchains to manage risk in trade-finance and insurance. The new token enabled economic layers used by distributed applications on the blockchain create efficiencies for payments while decreasing risk with visibility, auditability and smart contract counterparty agreements. This emerging trust economy is transforming transactions while expediting the movement of money, goods and secure data. The future of trust will be disruptive for many intermediaries, yet it will create many new opportunities.
Title of workshop:
Architecting a Blockchain Consortium or Marketplace
Blockchain is fueling the growth of next generation ecosystems and consortiums. Architecting these platforms requires more than an understanding of the blockchain technology, it requires understanding the processes, transactions and data utilized by the various members within the ecosystem or consortium. Token enabled economic layers with smart contracts are transforming counterparty agreements and reducing risk for small and medium businesses. Engaging members requires an understanding of how to transform complex business models which provide economic incentives through smart contracts and token enabled economic layers.
The Architecting a Blockchain Consortium or Marketplace Workshop will provide an outline of how to identify the business problems that can be addressed with a blockchain platform. The process of architecting a blockchain solution will be illustrated by mapping out a sample ecosystem and identifying the elements required to successfully engage members to generate a network effect.
Cristina Dolan is the founder and CEO of InsideChains, which works with organizations to digitally transform business models through blockchain ecosystems with economic layers that offer members greater visibility, richer data and new business models. She is a co-founder of InsureX Technologies, an alternative blockchain marketplace for insurance.
In the early days of the Internet, MIT Media Lab alumna, Engineer and Computer Scientist, Cristina Dolan, co-founded OneMain.com, which grew to be the tenth largest ISP after a successful IPO. At OneMain, Cristina served as the provider’s Geographic Communities Division President and Chief Strategic Alliances Officer. In only five months, she conceived and built the OneMain cornerstone, Geographic Communities, into a profitable business. At its launch, the company’s IPO became the largest Internet public offering at its time, surpassing Amazon’s and eBay’s respective IPOs.
As a former executive of a global FinTech software company with a SaaS solution for institutional multi-asset financial trading, she understands the value of a market ecosystem and the growing regulatory requirements for transparency and best execution. The FIX Trading Community invited her to join the Digital Currency/Blockchain Working Group to help identify, analyze and define use cases and integration points for digital currency and distributed ledger technologies across the spectrum of capital markets requirements, and recommend best practices for FIX implementation and usage of this emerging technology in financial markets. Her passion for blockchain and its ability to transform global transactions extends beyond just financial applications. As an advisor to several initiatives for supply chain, provenance, transparency, transactions and compliance, Cristina sees blockchain as revolutionary architecture for people and organizations to transact more efficiently and transparently at a time when there is a lack of trust. She is a recognized trailblazing authority and Internet pioneer, and is often invited to speak about the evolution of networked technologies and her success building products and companies. The MIT Center for International Studies, World Future Society, Barclays, Turkey Future Day, CEMC Council Innovation Summit and Battle of the Quants 2017 engaged her to speak on BitCoin, Blockchain and the Global Economy. She is a member of the Forbes Technology Council and recently wrote about Cybersecurity as a Global Threat to Democracy. In the fall of 2016, she was a judge at an IBM Blockchain Hackathon.
Over the past two decades she has been organizing events around the hottest trends in technology with industry luminaries. As Chair of the MIT Enterprise Forum of New York, she has hosted several events with blockchain industry leaders discussing Blockchain and Smart Contracts, Digital Trust in a Blockchain World and Trust::Data as it relates to FinTech and HealthTech.
Career highlights include serving as the President and CEO of the venture-backed MIT spin-out, Wordstream, focused on multilingual messaging. Cristina has also held executive roles at IBM and Oracle where she led sales, business development, and product marketing, winning numerous leadership and sales awards. She was a senior executive in lead technology roles on the founding teams that launched the first Hearst Magazine site (HomeArts) and several ABC/Disney Internet properties including the one of the first Internet streaming audio and video sites in partnership with RealAudio. Cristina has been an investor and adviser to several start-ups and MIT spin-outs, including dmetrics which offers a sophisticated AI platform and decision engine for consumer analytics, sentiment and microtargeting, utilizing unstructured user generated content and was a Rudyard Partners Fund General Partner focusing on mobile investments.
In October 2013, Cristina launched Dream it. Code it. Win It., a non-profit organization to promote creative problem solving within computer science education and rewarded the winning student teams with over $250,000 in cash and prizes over three years. Traders Magazine honored Cristina for her efforts in 2014 with a Charitable Works Award for the program. In 2015, Dream it. Code it. Win it. won four Stevie Awards, a Gold for Organization of the Year and three Silver awards for Startup of the Year, Female Innovator of the Year and Female Executive of the Year. She was recently been honored with a 2017 Harold E. Lobdell Distinguished Service Award from MIT for her work in promoting computer science education. As an advocate for computer science education, her TED talk ‘Just Solve It’, addresses the value of being an engineer and solutionist to create opportunities.
Cristina earned a Master of Media Arts and Science from the MIT Media Lab, where she focused on interactive information and storytelling. She also holds a Masters of Computer Science Engineering and a Bachelors of Electrical Engineering with concentrations in Computer Science, Communications Technologies, and Business. Cristina is bilingual with fluency in English (native-speaker) and Spanish.
As a member of the US Bobsled and Skeleton Federation in 1992, Cristina placed first in the US National Championships and Empire State Games in Skeleton. In 1990, she competed in the World Cup Championship in Konigsee, Germany, earning second place among the female competitors.