European Business and Technology Centre, a trusted partner in the Europe-India Business Corridor, recently organised a dialogue to discuss emerging technologies in the corridor. The event was led by Dinis Guarda, Founder and CEO of Ztudium. Impactful education, productive regulations, and an inclusive policy framework were the key highlights of the event.
European Business and Technology Centre, a project advisory and facilitation organisation, recently organised an invite-only talk about the emerging technologies in the Europe-India Business Corridor. Led by Dinis Guarda, author, influencer, thought leader, a serial entrepreneur in emerging technologies, and Founder and CEO of ztudium, thought leaders from the corridor discussed the possibilities, key trends, potentials, applications and policy action that would boost these technologies in the corridor.
The event was an invite-only talk organised to harness the potentials that lie within emerging areas such as the 4th Industrial Revolution (4IR), Artificial Intelligence (AI), Fintech, digital transformation, and blockchain.
As Web 3.0 and Metaverse make swift ingression in the global industrial scenario, the event ensures its efficient catalysis by raising awareness amongst all the stakeholders. Amongst many challenges and issues discussed, personal data protection was the key highlight.
European Business and Technology Centre: Building a robust and sustainable business relationship
EBTC facilitates smart collaborations that are focused on sustainable solutions, based on the expertise and strong network of the two regions. Harnessing the academic strength and capital in Europe and the entrepreneurial spirit and large market in India, the corridor creates a strong bond of trust between the complementary partners.
“EBTC assesses the local demands, ground zero work in action, and curates projects and clusters for private and public sectors. Within this ecosystem that is made by our partners and stakeholders, we play a complementary role of bridging the ends together with our solutions. This dialogue is our way to bring technology and policy experts together and create a knowledge pool from where new dimensions off-shoot into the mainstream.”, said Mr. Poul V. Jenson, Managing Director of EBTC.
By organising programmes, projects, and clusters, EBTC builds actionable intelligence to provide innovative solutions that promise a greener and carbon-neutral future for the corridor.
Society 5.0, Metaverse, 4IR tech
Our new technologically enabled society will be called Society 5.0. It represents a significant shift to a just and sustainable society, achieved by a high degree of convergence between cyberspace and physical space. And the Metaverse is the perfect place to make it happen.
Immersion in the Metaverse will significantly extend the span of our conscious existence, limited only by our imagination. Our real-world presence can be enhanced, enriched, facilitated and augmented with a virtual overlay that allows us to explore beyond our physical and social boundaries.
Digital twinning and mapping of real and virtual objects, entities, and people will enable us to do so. Soon, our avatars will be able to move through and interact with the physical and virtual worlds concurrently interchangeably in real time. We can, for example, travel and visit present and remote physical and virtual buildings, homes, workspaces, places of worship and cultural centres.
The fundamental differences between the virtual and the physical worlds present plenty of opportunities for contrasting and complementary forms of engagement. The Metaverse might foster large numbers of direct participation and interaction with peer-to-peer experiences that offer jobs, volunteering opportunities, financial empowerment, lending, and trading with time.
Case study: ztudium, the maker of industry 4IR tech to ensure smart cities
ztudium is a global leading maker of industry Fourth Industrial Revolution (4IR) technologies and research. Their digital transformation DNA is leveraged by emergent technologies like blockchain, AI, Machine Learning, and AR, and VR to provide unique solutions for businesses, enterprises, governments, public institutions, and individuals. The global ecosystem reaches more than 1 million people a month, focussing on empowering the economies and societies that are still not digitally transformed.
Appreciating the initiative, Dinis Guarda, Founder and CEO of Ztudium said,
“With individuals at the core, we envision creating smart cities across the globe that are sustainable in their true essence. Emerging technologies, like AI, and blockchain are giving new horizons to the creators and innovators in our society. The immersion and interactions that the metaverse promises will enhance our cultural and societal experiences. The world needs to be ready for this revolution. We need more corridors like this that create the global channels of information and research while tackling the challenges that arise with time.”
Another frontier of 4IR: Personal Data Protection Framework, ensuring inclusion and sustainability
The Personal Data Protection (PDP) Bill of 2019 was recently rolled back in India. The new framework is still awaited and is still in discussion. As an expert himself and the leader at the event, Dinis Guarda shared his insights on the policy framework that is needed to create a robust PDP in India.
According to him, the key to achieving this is to create awareness among the people. Discussion groups from universities and academic societies and also the industry world from across the country can participate to present fresh ideas and challenges in framing the policy.
“It should be done in a way that empowers the people on one hand and creates simple solutions that can be implemented easily by the organisations that deal with data”, he said. Sharing his recommendations for the regulators, he added, “Be smart in how you take it forward, and how you implement it in public.”
To find out more about EBTC’s Knowledge Hub and Initiatives, visit European Business and Technology Centre (EBTC).