New conference takes the mystery out of blockchain and AI
Our CEO, Luis Pallares, took part early this month in strategic conference focused on discussing the impact of Blockchain and AI on businesses, the every day life and the world. “Blockchain & AI: Where are they taking us?”, organised by Working Town Events in Malta, proved to be a huge success following a strong participation by other top experts and practitioners in the field and a sell-out audience representing a wide range of industries.
Pallares presentation focused on how Financial Industry can transform Big Data into Smart Data. About the application of AI in fintech, he highlighted the role of this technology in the credit decisions, risk management, fraud prevention, trading, personalized banking, and process automation.
“AI is a powerful ally when it comes to analyzing real-time activities in any given market or environment”, Pallares said. “And is especially effective at preventing credit card fraud. Fraud detection systems analyze clients' behavior, location, and buying habits and trigger a security mechanism when something seems out of order. Banks also employ AI to reveal and prevent another infamous type of financial crime: money laundering”, he added.
“Blockchain and AI are set to change our lives – but what do we know about these technologies and what can we expect their impact to be? Have they already had a profound and irreversible effect?”, asked Mark Azzopardi, Managing Director at Working Town Events. “It was great to see an outstanding list of speakers who shared their valuable expertise and participated in this event.”, he said.
The two-day event included forums, presentations and insightful panel discussions with other internationally renowned experts such as Helen Burrows a Human Rights lawyer who sits on the Journal of Modern Slavery Advisory Board; Helga Pizzuto, Chairperson at Malta Competition and Consumer Affairs Authority (MCCAA); Soulla Louca, Professor & Director of Blockchain Initiative at University of Nicosia; Pierre Mallia, CEO & Founder at iMovo; Abigail Mamo, CEO at GRTU - Malta Chamber of SMEs; Béatrice Collet, managing director at Chiliz Blockchain Campus; Philip Maurice Mifsud, CEO at Meta Luminor; Aviya Arika, Chief of Blochchain at Aviya Innovative Law; Ian Gauci, partner at GTG Advocates; and Joseph Anthony Debono from Zeta to name a few.