Student ID
12345678
Full Name
Chan Tai Man Tony
Week
nn
Topic
Xxxxxxxxxxx (topic title in the speaker?s slides)
Report No.
?1? for your first report, ?2? for second and so on.
Group
nn
Word Count nnnn (excluding references)
Single spacing will do. (Single spacing only refers to the line spacing within a
paragraph.) Please delete all the italic text here.
DON?T use pdf. Set the paper size to A4.
Please refer to the sample on next page.
Save the file as -Wn-Rn-ChanTaiManTony.docx where
Wn should be replaced by the week number of the seminar such as W2 for talk on
Innovation;
Rn is the report no. R1 for your first report, R2 for second and so on;
ChanTaiManTony should be replaced by your full name, no spaces or underscore in
between.
Your adherence to the above instructions is important for identifying your report. Any noncompliance may result in deduction of marks.
[?????]
Student ID
12345678
Full Name
Chan Tai Man Tony
Week
3
Topic
The Computer Age in HK
Report No.
1
Group
2
Word Count 1800
1. Abstract
Write a short abstract of the report. An Abstract is different from an Introduction (5%).
2. Seminar Content
Summarize the content of the seminar and its key messages. Note that you are not supposed
to repeat word by word as to what are on the ppt (20%).
3. Analysis & Discussion
Analyze and discuss the seminar content. It is important that you can give insights that you
obtain through background research and/or provide personal opinions. You can also share
your own experience here if it is relevant to the seminar content (45%).
4. Conclusion
Give a short conclusion of the discussions made in the report (5%).
5. References
If you use additional information from the internet or other sources in your report, list them
here. Don?t forget to mention the references in the text where applicable (5%).
[?????]
IS6940 C
Student ID
xxxxxxxx
Full Name
xxxxxxxx
Week
2
Topic
Hitchhiker?s Guide to Blockchain
Report No.
1
Word Count
1981
Group
xx
Abstract
The paper summarizes and analyzes the guest speech about the guide to blockchain by
Michael Yeung (should be Yung). He introduced what the bitcoin, blockchain and
ICO are, then further highlighted the features of blockchain and showed us some use
cases of how blockchain can be used in different scenarios. He also pointed out how
the loyalty program can use the blockchain and explained the success formula and
three pain points.
Firstly, this paper will discuss the pros and cons of blockchain. Secondly, the question
about whether the blockchain is secure and which industries need blockchain will be
analyzed. Finally, the conclusion will be drawn according to the speech and analysis.
Seminar content
In this guest speech ?Hitchhiker?s Guide to Blockchain?, Michael Yeung, who is the
head of digital product and technology in Asia Miles and has over 30 years of IT
experience, plays a role as the driver of free ride that introduces the background,
concept and application of blockchain.
Bitcoin
Michael Yeung introduced that bitcoin is the new thing that mentioned firstly by
Satoshi Nakamoto in 2008 in his Whitepaper ?Bitcoin: A Peer-to-Peer Electronic
Cash System?. In 2009, the first block of bitcoins is mined, and then the first real
bitcoin transaction is made in 2010. Bitcoin is expensive and more acceptable to
people nowadays. Unlike that of other currencies, the circulation of bitcoins is
limited, which means that there are only 21 million bitcoins in total so that all bitcoins
would be mined in 2140.
According to the disadvantage of the digital currency (double spending), central
authority is needed to keep track of the ownership. Decentralization is thus mentioned
to replace some middlemen, but Michael Yeung held the opinion that removing the
central authority is not the key and middlemen can be kept for saving costs.
The concept and features of blockchain
The blockchain, which is an incorruptible ledger, consists of plenty of blocks to make
digital transactions and record all things of value. Mr. Yeung introduced that ?batch
total? that can tell once something has changed cannot be reversed, and that every
batch has unique fingerprint and total. As for the main features, one is that the
blockchain has incredible records. If we make the ledger distributed, there will be no
more single point of failure because one fails then others will take over. What? more,
there is no handling fees and no need to wait for a long time because everything is
designed for the computer and is without central authority.
The use cases of blockchain
Mr. Yeung introduced us with plenty of applications of blockchain such as:
?
?
?
?
?
The cross-border transaction to transfer bitcoins from one party to another party.
Verifying authenticity of coffee beans based on the record in the blockchain.
Passing goods to other parties by using blockchain.
ID2020 can use digital identification to prove the identity, job position and
qualification in the blockchain.
With the use of the smart contract, money can be transferred when the certain
transfer condition is met.
Other cases include the use of blockchain to track the new powder, issue digital
currency, vote and produce tokens to soccer fans.
Blockchain-based loyalty program
Michael Yeung stated that the loyalty program aims at retaining current customers,
obtaining potential customers and moving up the transaction value.
In the loyalty program, there is a success formula:
(
(????? (???? + ??????) – ??????) ? ?h?????? ????
)
?????? ???????? ???????
The startup of the loyalty program should consider encouraging customers to earn
points to buy more, creating more reward chances, being easy to use, covering online
and offline channels and targeting at customers with high value.
Mr. Yeung also introduced three pain points, which are the difficulties of calculating
the bonus miles, achieving reconciliation and keeping engaging through the whole
campaigns. Therefore, MVP, which is helpful to develop a better product by learning
from feedbacks, is mentioned by Mr. Yeung to show that the product can include the
gamification and blockchain smart contract to motivate customers to spend more.
ICO
Mr. Yeung said that similar to IPO but much easier to be complemented, ICO only
needs the idea, whitepaper, websites and followers to raise money by issuing tokens
or coins. ICO is one of the ways to get involved in the blockchain.
(A very complete recap of the seminar. But need to be careful about the level of detail
in this part. Need not recap all the details in the seminar, just the key points.)
Analysis & Discussion
The advantages of blockchain
More and more businesses apply blockchain techniques since 2017. According to the
Google trend1, ?Blockchain? is still a hot topic but there is a downward trend from
February 2018 to February 2019. Countries like Malta and China are interested in this
area. Based on the speech, the benefits of blockchain can be concluded and analyzed.
Transparency
According to Mr. Yeung, a random change will lead to the change of all the
subsequent routes in the blockchain. In addition, Hooper (2018) mentioned that the
transaction records become more transparent and coincident so that each trader can
keep track of the data. Verifying authenticity can be achieved because of the
transparency and traceability of blockchain.
1
https://trends.google.com/trends/explore?q=blockchain
Decentralization
Mr. Yeung believed that decentralization is not really necessary, and middlemen can
be saved. But according to Patel (2018), with the use of blockchain technology, there
is no need to rely on the third-party which has the central authority. In my opinion, it
is hard to conclude whether removing the central authority is a good thing or not. But
decentralization is helpful not only because it can save costs by skipping the
middlemen, but also because it can enhance the security for the reason that there is no
point of failure.
Anonymity
Mr. Yeung introduced that nobody? s name will be stored in the blockchain where all
data will have a code name, and no one knows who participants are. Anonymity helps
develop trust among people in the blockchain. The blockchain fulfils the requirement
by enabling two trustless parties to make a transaction (Fauvel, 2017).
Efficiency
As is mentioned by Mr. Yeung, the smart contract can be replaced in the repeated
processes. Similarly, Treagust (2017) hold the opinion that the use of the smart
contract can streamline the whole process, make transaction faster and save costs.
(Good to have made reference to what the speaker has said and performed relevant
research on each. But to have a more in-depth discussion about a particular point,
suggest that you select fewer items from the list and go deeper.)
The disadvantages of blockchain
Mr. Yeung did not talk too much about the weakness of blockchain. But indeed, there
are some limitations of blockchain that have to be aware of.
Slow performance
According to Marr (2018), it is possible that the transaction of bitcoin can be slow
because of the complexity and the distributed characteristic. He pointed out that once
the size of chains becomes larger, the processing speed may get slow. Therefore, it
would take several hours to make a transaction.
Uncertainty
Mr. Yeung mentioned in the Q&A part that hackers can control the computer once
they control 51% of all computers in the network. There are privacy and security
concerns that problems such as personal information leak, bitcoins used in the dark
web, the unsettled national or international transfer regulation.
Cost
According to Figure 1, the cost per transaction of blockchain is from 20USD to
150USD. DataFlair Team (2018) illustrated that the cost may cover the environmental
costs of energy consumption as the real-time ledger and consensus establishment have
to be enabled.
Figure 1: Cost per transaction of blockchain from Mar. 2018 to Feb. 2019
Is the blockchain secure or not?
Mr. Yeung introduced that no one can hack into the blockchain and get the data yet
but hack the computers. As is shown in Figure 2, the intimidation will be more serious
as the large percentage of bitcoin pools are located in one certain country and it is
much easier to control the pool of bitcoins. Thus, decentralization does not mean the
blockchain is indestructible (Malanov, 2017).
Figure 2: Distribution of mining by country2
On contrast, there is an opinion that blockchain is safe because of the use of
cryptography as well as the combination of the public key and private key which are
hard to decode.3
From where I stand, the blockchain is somewhat secure. As is shown in Figure 3,
centralization means that if a point is hacked, the whole network will be at risk,
2
3
https://www.buybitcoinworldwide.com/mining/pools/
https://lisk.io/academy/blockchain-basics/benefits-of-blockchain/blockchain-security
whereas there is no single point of failure in decentralization so that data can be
protected.
Figure 3: Centralized network vs. P2P network4
However, there are some problems related to the security we have to be concerned
about. Firstly, the assets in blockchain do not be protected or regulated by government
and law. Second, because of the anonymity, it is difficult to track the thief once
someone has stolen coins. The retention of the private key to keep from being
transferred coins by others who know or steal the key, is also needed to be aware of.
Thirdly, according to Blockchain Security Report published by Tencent in 20185, the
number of security problems and of types of problems is increasing, which means that
getting control of 51% of all computers is possible. In addition, it is reported that Mt.
Gox6 went bankrupt because it was hacked, and the bitcoins, the value of which are
equal to 47,300,000USD were lost from 2011 to 2014. Threats can be from bugs,
complicated technologies of hackers, devices of users and trading platforms. The
safety of blockchain wallet, smart contract, personal data and privacy are facing
challenges. (Good to share a different viewpoint, substantiated by examples from
further research.)
Which industries need blockchain in China?
Nowadays, blockchain technology can be used in industries such as banking,
healthcare, insurance, media, retailing, travel, supply chain (can refer to the use cases
mentioned by Michael and discuss from there), etc. But is necessary to encourage all
industries to adopt the blockchain technologies?
4
5
6
https://lisk.io/academy/blockchain-basics/benefits-of-blockchain/blockchain-security
https://www.sohu.com/a/246105620_100127068
https://en.wikipedia.org/wiki/Mt._Gox
According to the White Paper Blockchain industry development in China7, except for
the industries mentioned above, others like shared economy, charity and IOT can use
such a technology.
In my opinion, both traditional industry and new industry, especially industries that
need to build trust and track information, have chances to develop and make more
progress in blockchain. For example, after using the blockchain technology, not only
the hotels can manage and analyze the record of customer behaviors, but also
customers can know more about the reputation and book rooms much more
conveniently because the information of customers will be saved in the blockchain
and they can book hotels everywhere once they provide identification, and there is no
need for hotel staffs to type data into the system of hotel once and once again. (Should
include a reference. Better cite a real-life example. Which hotel?) I also find that one
of my friends started to invest in blockchain and develop an app to encourage people
who like walking like him to download this app. (Good to share your own/your
friend?s experience.) Like the loyalty program mentioned by Mr. Yeung, this app
encourages users to complete some certain tasks to obtain rewards, and also use smart
contract if the number of miles that the users walk reach a certain number to send
them some ?sugars? which can be exchanged to money.
It seems that the development of blockchain gives more opportunities for industries to
step into the next stage, be innovative and earn more profits. But whether a business
uses blockchain technology or not depends on its own situation and consideration.
Conclusion
Mr. Yeung gave us insights into the blockchain. In this paper, it is showed that the
blockchain, which is the distributed ledger, is unique in decentralization, no point of
failure, consensus, trackable records and no handling fees. Blockchain can be used in
a number of cases like cross-border transaction, verifying authenticity, etc. In
addition, to run the blockchain-based loyalty program well, the factors of success
formula, and pain points need to be considered in order to engage customers.
Advantages and disadvantages of blockchain are analyzed based on the talk. Although
transaction can benefit from blockchain, there are some weaknesses which can bring
security problems. The blockchain is not completely safe, which means that to make it
popularized, it has room to upgrade and improve to make transaction and data
protection much safer. Traditional and new industries have more chances by using
blockchain to solve existing problems and obtain more customers.
(This report is by no means perfect but as a first report, this is already very well
done!)
7
https://www.jianshu.com/p/6ac84516a4c5
Reference
Hooper, M. (2018). Top five blockchain benefits transforming your industry.
Available at: https://www.ibm.com/blogs/blockchain/2018/02/top-five-blockchainbenefits-transforming-your-industry/
Patel, A. (2018). The Top Advantages of Blockchain For Businesses. Available at:

Fauvel, W. (2017). Blockchain Advantage and Disadvantages. Available at:
https://medium.com/nudjed/blockchain-advantage-and-disadvantages-e76dfde3bbc0
Treagust, S. (2017). 6 business benefits of blockchain. Available at:
https://blog.ifsworld.com/2017/06/6-business-benefits-of-blockchain/
Marr, B. (2018). The 5 Big Problems with Blockchain Everyone Should Be Aware of.
Available at: https://www.forbes.com/sites/bernardmarr/2018/02/19/the-5-bigproblems-with-blockchain-everyone-should-be-aware-of/#614a93a21670
DataFlair Team. (2018). Advantages and Disadvantages of Blockchain Technology.
Available at: https://data-flair.training/blogs/advantages-and-disadvantages-ofblockchain/
Malanov, A. (2017). 6 myths about blockchain and Bitcoin: Debunking effectiveness
of the technology. Available at: https://aptantech.com/2017/08/6-myths-aboutblockchain-and-bitcoin-debunking-effectiveness-of-the-technology/
FLETCHER NG
? Over 25 Years as CIO, Group and Regional IT Director for global listed
organisations
? Over 25 year?s performing Business Transformation projects in
continents
? International Project Manager
?
?
?
?
Judge and mentor at Cyberport
Board of Directors for 2 NGO?s
CEO of MindYoga
Entrepreneur
Digital Transformation in a VUCA
world
The VUCA World
? We are living in the New Normal
? 20th Century rules are no longer suitable to solve 21st Century
problems
Digital Transformation is not
new but
Accelerated by COVID
Case Example
Drone firm Zipline has been given the go-ahead to
deliver medical supplies and personal protective
equipment to hospitals in North Carolina.
All industries are impacted.
Contactless technologies, Zoom education, B2C, home deliveries, self sterilizing robotics
As with WW2, crisis has provided more opportunities to innovate and create new opportunities
What has COVID taught us?
?
We can?t use 20th Century tools, processes and thinking to solve 21st
Century problems
?
Digital Transformation is NOT just an option but a must
?
Organisations must accelerate their transformation process
?
Consumer needs and expectations are changing
?
Adaptation should be part of every corporation?s strategy
So, what is Digital Transformation ?
? Digital transformation is the term used to describe the integration of technology in all facets
of business operations to fundamentally change the way a business functions.
? Digital transformation is different from digitization or digitalization.
? Digitization refers to the conversion of physical or analog data to digital data.
? Digitalization refers to the utilization of digital information and data analytics to simplify
business operations.
? Digital transformation may entail digitization and digitalization, but it is much more focused
on business transformation.
Importance of Creativity and Innovation in
Digital transformation
Creativity is a 21st Century skill set
The World Economic Forum (October 2020)
Forbes listed the follow five ?future of work? skills as
vital for the future:
identifies the top 15 skills for 2025.
1. Creativity
The four identified ?capabilities? students
2. EQ (Emotional intelligence)
require are:
3. Analytical (critical) thinking
4. Active learning with a growth mindset
1. Critical thinking/problem solving
2. Creativity
3. Communication
4. Collaboration
5. Judgment and decision making
Spot the difference
Creativity is the generation of ideas, concepts &
solutions
Vs
Creativity
Innovation
Creativity is fuel for innovation
No innovation without
creativity
Innovation turns ideas into viable products,
experiences or business models which brings value to
someone
Innovation requires
adoption
People must want to find it and find it useful.
It has to solve a real problem
Innovation
implies
Solutions to real problems that are shared among many people
that satisfies real needs
Desirability
Human needs &
values
Viability
Business
Needs
Feasibility
Technology,
resources, costs,
execution
? Innovation is the
convergence of all 3 circles
Successful Business disruptors
Starbucks Story
Howard Shultz
Netflix Story
Consequences for companies who rejected
transformation
XEROX ALTO

Benefits of Digital Transformation ?
?
Digital transformation allows organisations to know what the people actually want.
?
They can formulate their services, products and offer according to customer requirements
rather than guesswork.
?
New innovative technological developments allow companies to strengthen customer
engagement with personalized offerings
Consequences of Digital Transformation
Because of data and technology, we can
1.
Acquire knowledge, faster than before
2.
Do this more efficiently than before
3.
Create more products using less
4.
Automate tasks and processes
5.
Predict the future with more accuracy
1. Value
6 CORE PILLARS FOR
SUCCESSFUL DIGITAL
TRANSFORMATION STRATEGY
3. Data
2. People
Transformation
6.
4. Culture
change
Technology
5.Agility
1. Transformation is about delivering value!
Understand the value of change towards your customers,
stakeholders (internal / external) and employees.
What is Value?
Value means different things to different
people
Value can be driven by
? Financials
? Emotions / sentimentality
Can be tangible or intangible
2. Transformation is all about People!
?
?
?
?
?
Train employees to adopt to new digital technologies
Provide them with Job Security
Get their buy-in along the journey
Create the environments for them to innovate
Change corporate and working cultures
Career
Progression
?
?
?
?
Creativity and Innovation,
Collaboration skills
Business and mindset agility
Adaptive skills and leadership
Have been identified by a majority of CEOs surveyed in
the USA as being critical 21st Century skill-sets ? and
most likely to hire
? There is a lack of Talent worldwide
? Disconnect between Youngsters and CEOs
? Not enough qualified middle managers
Adoption of New Skillsets
? Strategy to achieve digital transformation and to enable the organisation
to operate with a digital mindset.
? Need for professionals to have technical skills and to be able to apply
them within a business context.
? Use people skills to influence people and leadership skills to continue to
lead organisations.
? Ethics, integrity and professionalism.
? Professionals will need to develop a deeper understanding of the
technologies, algorithms, data and organisational structures that are
emerging in the digital age.
Competence and skills focus for a digital world
The results reveal that as a professionals progresses through their career, the competency focus
moves from pure technical skills to people and leadership skills.
This move from left to right is likely to speed up as technology automates process-driven tasks
and the job function moves from working in isolation to working with others in the organisation.
This shift is also emphasised in the skills gaps employers are experiencing.
3. Data drives transformation
?
Data adoption should be an integral part of the
corporate strategy
?
?
?
?
Real time data analytics and decision making
Predictive analysis
Innovation through AI, AR, VR
Data protection and compliance
PREDICTIVE DATA

Areas where Predictive data is helping Fintech
4. Transformation is adopting a change culture
1.
2.
3.
4.
5.
Mindset change
?
Innovation, entrepreneurial
Organisation change
?
CXO v CIO v CMO
Environmental change
?
Office layout, diversity, facilities
Leadership change
?
Style of management
Behaviour change
?
Ethics, compliance, data awareness
5. Be Adaptive and Agile
?
Adaptive Planning
? React to constant changes
? Be fast and nimble
? Easily pivot
Digital Transformation is about Business Agility
Business Agility is the ability to compete and thrive in the digital age by quickly responding to
market changes and emerging opportunities with innovative, digitally-enabled business
solutions.
AGILE INNOVATION
Anywhere from 70% to 90% of new products continue to fail.
Lacking a systematic, repeatable and fast-moving method for designing and developing
innovations, companies find themselves struggling to keep up with market changes. We are
still using traditional product development approach from the 1970?s
CLOUD
Traditional Waterfall
The Problem(s)?
? Speed and market response
slow
? Doesn?t allow for innovation
? Too rigid structure
? Does not respond to actual
customer or consumer needs
? Too many documentation
Agile
?
?
?
?
?
?
?
?
Better innovation and creativity
Ability to move quickly
Faster Go-To-Market
Stronger focus on collaboration
Faster response to changes
Provide better value
Addresses uncertainties
More customer focused
?Agility is the most important means of implementation for digital transformation,? says a report by
McKinsey & Company. McKinsey says that agile methodologies can increase product development
speed and decision efficiency by five times.
Waterfall v Agile
Agile Speed to Market
?Manufacturers in the Shenzhen region of China can produce phones faster than the time that it
takes Nokia to [polish a PowerPoint presentation]?
Stephen Elop ? Former CEO of Nokia
Example of Agile Innovation
?Agility is the most important means of
implementation for digital transformation,?
says a report by McKinsey & Company.
McKinsey says that agile methodologies can
increase product development speed and
decision efficiency by five times.
?Manufacturers in the Shenzhen region of
China can produce phones faster than the
time that it takes Nokia to [polish a
PowerPoint presentation]?
Stephen Elop ? Former CEO of Nokia
AGILE PLACES
CUSTOMER
SATISFACTION AS ITS
HIGHEST PRIORITY
The whole principle of ?Being Agile? is that ?Customer
satisfaction are at the highest priority and value is the
essential measurement of success?
Traditional models of measurements such as KPIs and ROI
does not provide a true indication of success.
?Apple demonstrated that if designed well,
consumers would buy a high-priced phone
with a great experience and developers
would build applications?
Stephen Elop ? Former CEO of Nokia
Building the Customer Experience
Digital banking allows personalization at scale that drives between 5 and 15% revenue
growth for companies in the financial services sectors.
Banks functioning digitally have witnessed reduced costs and streamlined processes. This
end-to-end integration also helps provide an engaging customer experience in financial
services and allows business transformation with Artificial Intelligence (AI).
How can Enterprise Organizations Embrace
Agile Development?
? Innovation starts with culture.
? In larger organizations, you may need to
rewrite years of habits and defeat ?but we?ve
always done it this way? before you can build a
culture that supports innovation. So start small.
Can Enterprise Organizations Embrace Agile Development?
Startups and small organizations are often still finding their place in the market. Startups in
particular are still actively learning about their markets, customers, and searching for the right
business models. As a means of defeating uncertainty, they can use agile principles to test ideas,
learn new things daily, and course correct.
Enterprise companies typically have established their footholds in their respective markets. They
most likely have years of experience and accumulated knowledge to draw from when making
decisions. They know what has worked for them historically and can frequently use this
knowledge to continue coasting along. Most have trepidation when it comes to experimentation.
6. Responsive to Digital Technology changes
Major Technology Trends
IOB (Internet of
Behaviours)
Data, AI and Digital
Twins technologies
Anywhere Operations
(BYOE)
Cloud Technology
Technologies
which enable
Digital
Transformation
AI and Machine
Learning
CLOUD
DATA
The world of AI
5G Technology
The newest generation of wireless technology with speeds
that can be considerably faster than 4G LTE
Ability to process and download / upload Billions of data
almost simultaneously and in real time.
5G?s primary use case is in connecting more devices at
lower power and lower cost, with more reliability. As a
result, the advent of 5G is expected to be met with a
surge in Internet of Things (IoT) devices, including
smartphones, wearables, home appliances and public
infrastructure.
IOT
Technology
The Internet of Things is the way of connecting devices to
communicate, share information, anticipate needs, solve
problems and improve efficiency. It?s basically internetworking of physical devices, vehicles, buildings and
other objects, embedded with electronics, software,
sensors, actuators, and network connectivity that enables
these ?smart objects? to collect and exchange data.
IOT Platforms
for Fintech
IOT Platforms
for Smart Cities
? Cloud is an outsourced infrastructure which can hold and process
trillions of data per second
The ?Cloud?
? It offers processes and services on a rental basis
? Reduces in-house costs and allows business to invest and
concentrate on their core offerings (Take the strain)
? Provides better data compliance and corporate security
? Without Cloud, there is NO DT, NO AI, NO IOT,
The ?Cloud?
Digital Transformation is not without risks
Digitisation has opened up companies to many additional risks
Understanding Risks
? Businesses need to develop a vision for risk and security management, based on
establishing trust and resilience for their digital business.
? There is a need to adapt strategic objectives of risk and a security program to encompass
the new realities of digital business.
Cybersecurity Risks
GDPR / China Data Laws and customer data risks
GDPR For non-compliance:
?Up to ?10 million, or 2% annual global turnover ? whichever is greater; or.
?Up to ?20 million, or 4% annual global turnover ? whichever is greater.
China Data Laws For non-compliance:
?RMB50,000,000 or 5% of annual turnover for the previous year
?Suspension of business
?A personal fine for the person in charge of up to RMB1,000,000; and/or
?Criminal liability
The risk of Poor Ethics
? The digital age has opened up a whole new area of compliance ? that is adopting Ethics
in a digital environment
Risk in not moving to digital transformation
Adapt or Die!
IS6940 C
Student ID
xxxxxxxx
Full Name
xxxxxxxxx
Week
5
Topic
Smart City, IoT, AI/ML
Report No.
2
Group
3
Word Count 1990
1. Abstract
This paper will first summarize the talk about smart city, IoT, AI/ML by guest speaker Mr.
Sankar VS, who had provided several digital services as a products leader. Sankar firstly
introduced a few projects he had done before. Then he talked about the problems lied in
cities nowadays and the conflict between emerging technologies and existing regulation.
He also listed some useful emerging technologies and introduced the data-driven services.
Therefore, this paper will first analyze why we need to build smart cities, the reason can be
the impact of urbanization, etc. Then it will further analyze how to build a smart city,
including the use of big data platform just as the projects done by Sankar and how various
sectors in government can cooperate to sharing data which also mentioned by Sankar. And
finally, it will discuss data breaches problem in the construction of smart cities.
2. Seminar Content
In Sankar?s talk, he shared lots of interesting experience about smart cities construction and
gave some useful opinions about smart cities and emerging technologies, which showed
that Sankar has a very good understanding of smart city construction.
At first, Sankar introduced projects about smart cities he had done. Then he talked about
problems such as heavy traffic jams and the lack of food and water arising from the
explosion of urban populatio