Ian Khan is a futurist who expects that blockchain, synthetic intelligence and the Web of Issues will merge collectively to create a wholly new sort of world.
He’s the inventor of the Future Readiness Rating, the creator of eight books and the chairperson of the Cash 20/20 fintech convention.
His first movie, Blockchain Metropolis, is far from an underground manufacturing. The 42-minute movie, which is out there on Youtube and Amazon Prime, is a businessy, optimistic and considerably sanitized tackle the trade. It focuses decisively on piercing the nebulous idea of “blockchain expertise” whereas largely dodging the generally controversial phenomenon of cryptocurrency, selling blockchain as an environment friendly monitoring mechanism furthering the pursuits of “the institution.”
Khan’s positioning within the trade is subsequently very a lot in distinction to the cypherpunk motion — the outdated guard of the blockchain revolution.
These authentic torchbearers of the trade weren’t desperate to see the expertise used to enhance governance techniques however to avoid and successfully overthrow them by turning their outdated techniques and processes towards them. Such an imagined technological overthrow is, nevertheless, unlikely to succeed with the likes of Khan advising governments on find out how to stop disruption by means of future readiness.
At a elementary stage, Khan considers blockchain-based techniques as “a option to do issues in a greater manner.” The principle causes for this are the effectivity advantages derived from a community that confirms its personal accuracy, and the belief that no unauthorized consumer has been capable of manipulate data.
Notably, he doesn’t give central reward to generally lauded themes like decentralization [away from governments] or the perceived advantages of on-line anonymity. As an alternative, he emphasizes how blockchains can be utilized by governments to raised safe personal info and stop issues like id theft.
500 years of primary accounting rules are going to be disrupted. Are you prepared? Study extra from @IanKhanFuturist and his presentation from ACI Studying’s 2021 Audit’s Future digital convention. Watch the complete session on demand. https://t.co/jSHgj9xJVE pic.twitter.com/Dvy4hOMpCN
— ACI Studying (@ACI_Learning) August 8, 2021
In terms of “the final 100 years off, how we’ve been doing enterprise,” for Khan, blockchain is “one thing that does issues higher in 1,000 other ways.” On the a part of bettering authorities processes, “the effectivity half will come up because of the change of knowledge between authorities entities — unbelievable authorities companies will occur because of that.”
Again to the Futuracy
This discuss of effectivity and the long run doesn’t come from a vacuum, as Khan runs a Toronto-based firm future-readiness enterprise referred to as Futuracy, which he describes as “an rising expertise educator” that has labored with firms and governments around the globe. The prolific creator can be a key determine within the Dubai GITEX expertise convention — such a key determine, that he was serving because the stage supervisor as I arrived to ship a keynote on the historical past of the blockchain motion on the occasion in mid-October. Whereas I used to be trying to the previous, his head was (and is) firmly sooner or later.
The agency creates a Future Readiness Technique for every consumer. These methods are tailor-made primarily based on the solutions to 200 questions put to the shoppers that are designed to disclose weak techniques and processes which can be disrupted by advancing expertise. Relying on the dimensions of the group, minor weaknesses can have outsize impacts.
“If there’s an inefficiency in authorities, widespread folks will undergo,” he explains, noting the necessity for future-readiness evaluation in stopping disruptions to essential features corresponding to medical care and training — each of which have been impacted by the pandemic.
Khan can be taking a look at different phenomena that guarantees to form the way forward for his shoppers, specifically the Future of Work and Artificial Intelligence The Next Frontier, each of them additionally titles of his two upcoming movies. For him, concepts corresponding to digitization, the Web of Issues, blockchain and synthetic intelligence will not be standalone improvements. As an alternative, they’re linked and it’s only a matter of time till they mix and combine to kind a wholly new tomorrow for the way in which governments, firms and establishments operate.
“It’s very straightforward to color the image the place we are able to discuss in regards to the world that’s powered by AI that has blockchain in it,” Khan mentions casually as if the concept is under no circumstances terrifying. It’s about effectivity, as AI-blockchain integration will likely be “saving a number of time, vitality and energy,” and knowledge will likely be much less prone to be stolen, in response to Khan.
Ideas from the long run
A lot of Khan’s current work has been in Dubai, a metropolis he says “is at all times attempting to do issues differently.” An early patron of the blockchain motion, “Dubai was one of many first international locations with a blockchain technique on the authorities stage,” Khan says.
Khan believes that one of the simplest ways for governments, massive firms and establishments to ease into the blockchain age is for them to supply all staff with an understanding of the expertise “whether or not they’re choice makers or not,” as a result of if a corporation is to outlive in a altering setting, it has to “turn into a studying entity.”
— Ian Khan Futurist (@IanKhanFuturist) August 23, 2021
The efficient option to find out about new paradigm-shifting applied sciences like blockchain, in response to Khan, is to begin with examples of profitable technical implementation with the aim to “massively simplify the understanding of those massive big buzzwords, so that folks can relate” to what the expertise is definitely able to and helpful for. In apply, this might imply investing in training programs — maybe starting with watching his movie.
Regardless of his emphasis on studying the fundamentals, Khan concedes there is no such thing as a want for everybody to have greater than a surface-level information. In spite of everything, blockchains are horribly advanced, however the way in which we work together with them could possibly be made lots less complicated. Simply as not all automobile customers want to know precisely how a combustion or electrical engine works, sooner or later will probably be the “blockchain that’s caring for issues beneath the hood,” he says.
“All people must be on the primary minimal stage of understanding of expertise — it doesn’t matter in the event that they don’t work in the identical division. I feel training of primary expertise ideas and the worth it creates is essential.”
One other manner during which organizations, particularly governments, can harness the advantages of blockchain is to open up the ideation course of by giving as a lot inventive freedom to their folks as attainable, so as “to provide you with concepts that may actually change the way in which they do issues.”
On this advantage, Khan provides particular reward to Estonia, a small European nation of just one.3 million, the place he says “there’s a whole lot of freedom to precise” one’s concepts to the best ranges of choice making. As a small nation with an enormous emphasis on expertise, as evidenced by the eResidency program making it straightforward for digital nomads to function companies from the nation, Estonia has cast a repute as a digital hub.
The third manner, Khan says, is for organizations to constantly run small experiments and pilot initiatives “that show some extent,” even when there is no such thing as a apparent short-term profit or return on funding. As a main instance, Khan brings up Zug, a Swiss metropolis of 30,000 which in 2016, adopted Bitcoin as an possibility for paying metropolis permits. Because of the success of the experiment, Zug quickly became generally known as “crypto valley” as blockchain firms from around the globe opened workplaces there.
Kashmir to Canada
As an alternative of being a blockchain native, Khan is future-native. “I simply love studying this stuff and understanding them and serving to others perceive them,” he proclaims.
He was born on the Indian facet of Kashmir, a area whose different half lies in Pakistan. There, Khan recollects that he grew to become concerned with rising expertise on the age of six when he noticed a pc at college. “It was a BBC Micro hooked on to a black and white display screen that had Pac Man on, and my thoughts was utterly blown,” he recollects.
He studied engineering at Kuvempu College in southern India between 1995 and 1999, acquiring a diploma in software program on the similar time. Quickly after commencement, he moved to Bahrain the place he labored in a gross sales and advertising and marketing position within the vitality trade, whereas additionally working in the direction of a diploma in journalism from the London Faculty of Journalism which he obtained in 2003. In 2007, Khan moved to Canada, the place he lives at this time.
In Canada, Khan tried his hand at a variety of facet hustles, upon which he based Agnitio Options. He tried his hand at quite a few initiatives and startups over 4 years, till “I obtained into the publishing trade and began a healthcare journal,” he recollects. In his free time, he continued to check, incomes a undertaking administration skilled certificates from Humber School in 2009 and a certificates in public relations from the College of Toronto the next yr.
Khan had the concept to make a documentary in regards to the blockchain revolution in 2018, across the time that he attended the primary Future Blockchain Summit in Dubai, a part of the bigger GITEX expertise conference for which Khan serves as Good Cities Convention Chair. He noticed that, along with blockchain being extremely complicated to most individuals, “there’s a number of hype round it and there’s a number of misinformation round it,” he notes.
“The story must be instructed that clarifies issues, brings some gentle to the state of affairs and helps enterprise choice makers, governments leaders and people perceive this expertise higher”
Blockchain Metropolis – The Way forward for Cities Pushed by Blockchain tells a “story of cities around the globe and their shift in the direction of being technologically powered by means of Blockchain.” Within the 2019 movie, he interviews representatives of assorted governments who converse on the wonders of blockchain expertise and the alternatives it holds for making societal features extra environment friendly.
In step with his mantra of instructing from real-life circumstances, blockchain use circumstances that have been introduced up embody stopping over-fishing and youngster trafficking. These examples of the following stage of the digitization of governance infrastructure might help world establishments “be part of palms and take the following steps collectively.”
Whereas Blockchain Cities largely avoids cryptocurrency, he has made a separate documentary titled The Bitcoin Dilemma on that topic. It’s technologically agnostic and impartial of any politics or ideology, which is thought to permeate the cryptocurrency trade.
I not too long ago spoke to the BBC in regards to the Worldwide Financial Funds (IMF) upcoming International Monetary stability report and its suggestions on Crypto. Additionally mentioned was my new documentary movie “Bitcoin Dilemma”, El Salvador’s Bitcoin adoption, and the ou…https://t.co/lBCKK5e6vV
— Ian Khan Futurist (@IanKhanFuturist) October 1, 2021