Digital Transformation: SMEs in WEB3 Forum

Name: Digital Transformation: SMEs in WEB3 Forum
Start: 2024-09-25T18:00:58+1000
End: 2024-09-25T20:00:58+1000

Wed, 25 Sep, 6pm - 8pm AEST

Online Event

WAWEB3

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Event description

ABOUT:

Blockchain-based Web3 applications offer unprecedented advantages in enhancing business efficiency during digital transformation; however, SMEs exhibit a notably low adoption rate. This interactive session will explore the reasons behind this hesitance and demonstrate how SMEs can effectively utilise these innovations. Through practical demonstrations and detailed case studies with invited industry practitioners, we will discuss the tangible benefits and common obstacles that SMEs face in the adoption of new technologies.

SMEs in Web3 Forum is a collaboration between the Asia Pacific Family Business Symposium with the Western Australia WEB3 Association and the Global Fintech Institute. The event hosts “fireside chats” and presentations from SMEs and experts on how SMEs use WEB3 technologies in their business.

The event is moderated by Dr Andrzej Gwizdalski, WAWEB3 Chair and UWA Honorary Research Fellow with Prof David Lee Kuo, Global Fintech Institute Chair.

Please take advantage of the full day Symposium held online on the 26th of September and register free here: https://www.uwa.edu.au/schools...

Session Outline:

Opening and keynote on web3 technologies in business.

1. High-level overview of Web3 and blockchain technologies and their relevance to SMEs.

2. Case Studies: Detailed examination of two specific use cases:

2.a. Supply Chain Management and Provenance of Goods: From agriculture to minerals, showcasing how blockchain can enhance traceability and security.

2.b. Cross-Border Payments and Financing: Demonstrating how blockchain facilitates smoother, cost-effective financial transactions.

Each case study will highlight how these applications streamline operations, reduce costs, and save time.

3. Practical Demonstration: Live demonstration of blockchain technology applications in real-time scenarios relevant to SMEs (payments). Interaction with the audience to showcase hands-on benefits and operational execution.

4. Q&A with the audience

Tickets for good, not greed Humanitix dedicates 100% of profits from booking fees to charity

Hostinformation

WAWEB3

7 followers

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Western Australia Web3 (WAWEB3) is an incorporated not-for-profit association registered in Australia under the legal name WAWEB3 Inc. in late 2022. WAWEB3’s mission is to raise awareness about the next evolution of the internet (web3), and facilitate collaboration between government, academia, industry and communities to build the new digital global economy based on web3 technologies and principles of decentralisation, transparency, inclusion, digital tokenised ownership, sustainability, data sovereignty and privacy.

Our mission is realised through:

Education: Advancing web3 literacy with educational programs, consulting, and dynamic events that cater to all community members, emphasising the involvement of First Nations Peoples, investors, SMEs and established industries in digital transformation.

Applied Research and Practice: Building research-based innovative web3 digital economy, from infrastructure to services, leveraging Blockchain, AI, IoT, Quantum Computing, DePIN, Smart Manufacturing, and Renewable Energy, Green Data Centres & HPC.

Diversifying Economy with New Talent & Capital: Attracting top-tier web3 talent and investment to stimulate regional development and innovation.

Networking: Facilitating inclusive collaborations across government, industry, academia, and diverse socio-cultural groups to foster a unified approach to web3 adoption.

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