Leveraging Blockchain for Mobility Platform
DRIFE's CEO on Why Blockchain Is the FutureBlockchain is one of the most prominent technologies with unique characteristics; however, it has not been in use widely. Firdosh Sheikh, CEO at DRIFE, a blockchain-based mobility platform, shares her views on some of the misconceptions about blockchain.
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"There is a misconception that bitcoin is blockchain. When we say that bitcoin is synonymous with blockchain, people start building everything around cryptocurrencies. Almost 90% of blockchain use cases that exist today are related to cryptocurrency. So everything is built around this small ecosystem," Sheikh says. "And this is where the problem exists since blockchain as a technology has lot more use cases."
In a video interview with Information Security Media Group, Sheikh also discusses:
- The various use cases of blockchain technology;
- Why DRIFE chose blockchain as a technology;
- Challenges of adopting blockchain technology.
Sheikh previously worked with Microsoft as a financial analyst. She has a demonstrated history of working in the capital markets industry.