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Expanded my knowledge of duty to accommodate, and identified the significant factors at play in each instance.  
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Canada Revenue Agency
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Blockchain for the Public Sector


December 3 - 4, 2019  ·  Ottawa, Ontario
 
   
 
Day Two Agenda | Wednesday, December 4, 2019
 
8:00 - 9:00        Registration and Continental Breakfast
 
9:00 - 9:15
Welcome and Opening Remarks from the Chair
Mark MacDonald, Leader, Government & Public Sector (Ontario), Public Finance Management (Global), Ernst & Young LLP
 
9:15 - 10:00
At the Intersection of Artificial Intelligence, Big Data and Blockchain: The Transformative Nature of Blockchain Technology
Keynote Address: Namir Anani, President & CEO, The Information and Communications Technology Council (ICTC)
  • The growing demand for instantaneous and unfettered exchange of value anchored in speed and trust
  • Use of blockchain in turning massive amounts of data and algorithms into monetary gain
  • How blockchain is empowering a new era of service delivery for governments and the private sector using Artificial Intelligence, and Big Data
  • Why blockchain is emerging as an economic enabler with a key role in the implementation of government services
  • Broader impacts and opportunities for governments and businesses in a global context
 
10:00 - 10:45
Case Study: Using Blockchain for Supply Chain Management
Warren Tomlin, Partner, Ernst & Young LLP

This important case study will demonstrate the value of blockchain in providing transparent, accurate end-to-end tracking in the supply chain

  • DIgitizing physical assets and creating a decentralized immutable record of all transactions
  • Tracking assets from production to delivery or use by end user
  • Greater transparency
  • Fraud reduction
  • Reduction in communication or transfer data errors
  • How blockchain enables an effective audit of supply chain data
 
10:45 - 11:00        Networking Break
 
11:00 - 12:00
Using Blockchain for Comprehensive Management of Public Budgets
Abhishek Sinha, Canada Partner, Technology Consulting, FSO Advisory, Ernst & Young LLP

Nowhere is the impact and value of blockchain better demonstrated than in the management of public budgets. Blockchain creates a reliable, transparent record of transactions with visibility across the network. The record is integrated with performance outcomes so the user can see how money spent impacts performance. This session will show you how blockchain:

  • Allows tracking of financial output integrating data showing impact on performance
  • Allows one government’s procurement system to manage into another agency’s budget system without being on the same global system
  • Allows an original appropriation to be tokenized and tracked as it is transferred, subdivided and spent with integration of information on performance so users can see what was spent and what was achieved
  • Allows tracking of procurement and spend management with each token being reconciled, consolidated and integrated for financial reporting as it moves through the system
 
12:00 - 1:00        Luncheon Break
 
1:00 - 2:00
CASE STUDY
Blockchain-Secured Traceability for Medical Cannabis: Shoppers Drug Mart and TruTrace Technologies
Robert Galarza, CEO, TruTrace Technologies
  • How the technology creates a central hub for identity management, asset tracking, validation, and product authentication
  • Collection of plant testing data, performance of genomic verification in and registration in a blockchain-enabled database for intellectual property protection and strain validation
  • Combining the power of big data with the security of blockchain to provide strain identification, registration and verification for cannabis at scale
  • Modernized seed-to-sale tracking
  • Standardizing cannabis treatment options
 
2:00 - 2:15        Networking Break
 
2:15 - 3:00
Governance of the Blockchain: What Should the Audit Committee Be Asking?
Lorraine Mastersmith, Partner, Gowling WLG (Canada) LLP
  • How much should the audit committee know about blockchain?
  • Does management have a blockchain strategy?
  • What are the risks that come with Blockchain?
  • What internal controls does management have in place to ensure that every link along the chain is performing as expected?
  • Does management have a well-established control environment and framework?
  • Does management have clear guidelines on who can be added to the chain?
  • What protocols will the organization employ?
  • How will activity be monitored?
  • How will information be added?
  • Who has control and access?
 
3:00 - 4:00
The Impact of Blockchain on Government Regulators
Kevin Armstrong, Partner, Deloitte Digital, Canada
Laurent FĂ©ral-Pierssens, Leader, Blockchain & Digital Assets, Deloitte Canada
Louisa Bai, National Market Lead, Deloitte Canada

Blockchain technologies are touching all industries and around the world. This means that government and regulators will see an impact as well from many sides. This session will explore how government regulators should consider Blockchain from four different perspectives:

  • How regulators can use Blockchain to deliver programs
  • How regulators can harness Blockchain solutions being developed in their industries
  • How regulators might need to regulate new Blockchain solutions
  • How might regulatory programs be completely disrupted by Blockchain

The session will cover implications of each of the four perspectives including practical examples and case studies for each.

 
4:00        End of Day Two
 
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