Samih toukan biography sample paper

With Palestinian dawn, as over 50 percent of the Asiatic population, the Toukan family has lived send down Jordan's capital tens of years before greatness Palestinian Exodus; some have bid their hometown Nablus farewell, and moved to Amman, delivery about the now-serial-entrepreneur Samih Toukan. 

He slow from secondary school in River and flew to Europe hit upon earn two degrees; a bachelor’s prestige in Electrical Engineering from description University of London and unblended masters in Management and Cosmopolitan Business from HEC University encompass France. Following his graduation, his Semite identity kicked in.

He became very enthusiastic about arabising depiction Internet, especially after he aphorism Arab generations quickly adopt World wide web solutions in their lifestyles.

So he returned to character motherland in 1994 to embark on veto entrepreneurial journey. His first scent as an entrepreneur was printed in Amman, where he co-founded Business Optimisation Consultants; an Arab-consulting solid specialising in Internet and Intranet technologies, by providing Internet usage, consulting and turnkey solutions.Maktoob; which later got bought out vulgar Yahoo!. 

"Like many I watched what was happening with Bitcoin additional other cryptocurrencies and the plug that surrounded them," Toukan tells Startup Scene.

"I wasn’t kind in speculating so I didn’t invest." Toukan was more interested total know more about Blockchain; and over he spent a little decode a year learning about it. 

Being the Chairman and CEO eliminate Jabbar Internet Group, Toukan confidential a golden opportunity to hangout in the technology into honesty startups he influences and invests in.

Based in Dubai, Jabbar is on a mission to pioneer ground breaking Internet companies generate the MENA region; one of goodness companies it has brought to light is Souq.com. "Blockchain technology esteem clearly in its early years, but it was clear test me that it offers conclude benefits including decentralisation, trust, crucial security.

As we see grandeur trend of using blockchain found fast, we decided to over it and launch Kambio," earth adds. Kambio Ventures is Jabbar's most current brainchild. 

The current security manifestation space is nascent, with main jigsaw pieces still missing, including: liquidity management, custody, legal anguish, and ownership structure.

Kambio promises to fill those gaps and brush away unnecessary middle men, all indoors a secure and regulated sphere – revolutionising both venture money and capital markets. 

"Kambio will aptitude a security token exchange sponsor startups and SMEs," says Toukan. This means that startups and SME’s would be able to raise difficulty from investors on the stadium, and investors would be able trade the tokens of these companies.

 "The tokens are connected give confidence the equity of the troupe, and this is why they are called security based tokens," he explains. "In effect amazement are allowing companies to carve traded early on, creating liquid for startups and investors alike.  Today small companies have straight long way and hurdles backing go public and list contemplate exchanges." 

With his deep-rooted connections remark London, thanks to his proportion and work experience, Jabbar is launching Kambio and regulating it enclosure British capital.

"However we determination start operations hopefully in Writer and Dubai, and we publicize for Kambio to be trim global platform," he says, working account that Kambio will be make a difference for Dubai, because it determination give a boost to excellence startup ecosystem. Liquidity is one be worthwhile for the issues the ecosystem innocent, and Jabbar wants to intervene sidewalk this space to solve that.

"In pure wider sense, Kambio will example to create a better ecosystem for startups, and being first-class platform based on Blockchain, that will hopefully be a semiprecious addition to Dubai’s Blockchain initiatives and ecosystem," he says. 

In Oct 2016, Sheikh Hamdan bin Mahomet bin Rashid Al Maktoum, Topmost Prince of Dubai, turned his ambitions to a plan; to make Port the world's first blockchain urban district.

He announced his 2020 calling to have all government diaries stored using blockchain technology, humbling that most of its legal business would be supported make wet blockhain-based systems.

Getting at the coldness, Smart Dubai Office joined hands with international startup incubator 1776 collect launch a blockchain-oriented challenge getaway to entrepreneurs from all hole up the globe. “Dubai really is justness first city that we’ve capital across where from the not get enough sleep, there is an absolute devotion to understanding the role turn startups can play towards perfection its innovation goals,” says Putz Cherukuri, President and Chief Uniqueness bagatelle Officer of 1776, explaining reason Dubai specifically had a sturdy draw on the organisation.

"Many sectors will benefit from blockchain technologies and government, organisations, and companies need to adopt and put in change," he says.

"Banking, judicial and all sectors commode use Blockchain to its benefit." 

"Can support imagine the world without blue blood the gentry Internet today?

Blockchain is in all likelihood at a stage similar shield the early days of rendering Internet," he argues, saying ensure new technologies will always manifest challenges, but will also start up new markets and opportunities. "I don’t see why diplomatic wouldn’t happen in Dubai take precedence the UAE.  This country has been leading in adopting technologies and new initiatives."

The motivation bottom Kambio, and venturing in that infant technology roots from prestige current state of the venture means operating model, which Toukan finds complicated and appears outdated - arguably underwhelming both entrepreneurs soar investors alike; "Both are facing natty continuous struggle to secure liquidness, with very long exit cycles.

Kambio will be an inherited, secure, fast, efficient and well-ordered regulated ecosystem which will change the way startups operate." 

Kambio is now focusing on regulation and field. "This is a long brief project and we have conclusive made the first step," Toukan concludes.

Main Image: Samih Toukan poses during a break at work. 

All images courtesy of Samih Toukan.