Joel Neidig, SIMBA Chain's CEO, was recently a panel speaker for the Westec 2019 roundtable "How Blockchain Tech Will Rock Your World." The exclusive blockchain-tech roundtable discussed many topics from limiting pharmaceutical counterfeiting using blockchain to blockchain being a way to monetize Big Data. Joel believes blockchain can open the door for industries to be paid for their data.
Joel Neidig, SIMBA CEO
“Manufacturers generate a ton of data. There’s a lot of Big Data and artificial intelligence and people wanting to consume that data. Blockchain is a way of being able to share that data, and then getting a return on that data, for basically an incentive to share that data.”
– Joel Neidig, SIMBA Chain CEO
Blockchain's importance is only growing as more industries and regulatory bodies that oversee industries see it as a way to gain greater traceability and validation of products and components. Blockchain can also help companies track supply chain and share that information in trustworthy ways.