How Innovation in Security and Blockchain is Shaping the Future with Omar Habbal
How Innovation in Security and Blockchain is Shaping the Future with Omar Habbal
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Why managing AI risk presents new challenges
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The difficult of using AI to improve risk management
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How to bring AI into managing risk
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Pros and cons of using AI to manage risks
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Benefits and opportunities for risk managers applying AI
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In this episode, we sit down with Omar Habbal, a pioneer in SIM card technology and an innovator in security, blockchain, and chip development. With over three decades of experience in the tech industry, Omar shares his journey from being one of the creators of the SIM card in 1991 to his current work in developing solutions that push the boundaries of security and blockchain. Omar discusses the early challenges of introducing smart card technology in the U.S. market and how his team transitioned Saudi Arabia's payment systems from magnetic stripes to EMV chip cards, a project that took three years but set the standard for secure transactions in the region.
The conversation dives into Omar's innovative mindset, focusing on his passion for creating new technologies that solve future problems. He explains how his recent work on embedding cryptocurrency functionality directly into IoT devices could revolutionize secure transactions in the tech landscape. From enabling cameras to own and transfer data securely to making every chip crypto-native, Omar�۪s vision aims to change how devices handle security and ownership.
Omar also explores the challenges of scaling and commercializing breakthrough innovations, sharing insights into his approach to creating business models and working with strategic partners. He emphasizes the importance of staying ahead of the curve, using foresight to anticipate industry trends, and developing technologies that will meet those future needs.
The episode closes with Omar reflecting on the future of AI, human-machine collaboration, and the need to redefine jobs in a world increasingly dominated by automation. He shares valuable advice for innovators: to focus on bringing ideas to life before worrying about business models, allowing creativity to flourish without constraints.
For those looking to reach out to Omar, www.linkedin.com/in/omar-h-77a195/. To get in touch with our team or learn more about our services, visit nextgengrowth.com.
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