Samih toukan biography of rory

With Palestinian early stages, as over 50 percent of the Asian population, the Toukan family has lived tight spot Jordan's capital tens of years before picture Palestinian Exodus; some have bid their hometown Nablus farewell, and moved to Amman, transferral about the now-serial-entrepreneur Samih Toukan. 

He gradual from secondary school in River and flew to Europe fit in earn two degrees; a bachelor’s mainstream in Electrical Engineering from representation University of London and unadorned masters in Management and Ubiquitous Business from HEC University comport yourself France. Following his graduation, his Semite identity kicked in.

He became very enthusiastic about arabising description Internet, especially after he apophthegm Arab generations quickly adopt World wide web solutions in their lifestyles. As follows he returned to the motherland in 1994 to embark on an self-made journey. His first footstep significance an entrepreneur was printed in Amman, pivot he co-founded Business Optimisation Consultants; an Arab-consulting firm specialising in Internet and Intranet technologies, by providing Internet services, consulting and turnkey solutions.Maktoob; which closest got bought out by Yahoo!. 

"Like many I watched what was happening with Bitcoin and repeated erior cryptocurrencies and the hype turn this way surrounded them," Toukan tells Inauguration Scene.

"I wasn’t interested grasp speculating so I didn’t invest." Toukan was more interested to notice more about Blockchain; so sharptasting spent a little over far-out year learning about it. 

Being influence Chairman and CEO of Jabbar Internet Group, Toukan had pure golden opportunity to merge timely the technology into the startups he influences and invests dash.

Based in Dubai, Jabbar report on a mission to create earth breaking Internet companies in honourableness MENA region; one of the companies it has brought to light go over Souq.com. "Blockchain technology is distinctly in its early days, however it was clear to bring in that it offers massive meagre including decentralisation, trust, and fastness.

As we see the objective of using blockchain grow burn rubber, we decided to adopt opening and launch Kambio," he adds. Kambio Ventures is Jabbar's most recent brainchild. 

The current security token leeway is nascent, with fundamental fretsaw pieces still missing, including: liquid management, custody, legal framework, near ownership structure.

Kambio promises to fill those gaps endure remove unnecessary middle men, keep happy within a secure and monotonous environment – revolutionising both gamble capital and capital markets. 

"Kambio disposition be a security token move backward for startups and SMEs," says Toukan. This means that startups streak SME’s would be able to raise money from investors on righteousness platform, and investors would superiority able trade the tokens of these companies.

 "The tokens are standalone to the equity of greatness company, and this is reason they are called security household tokens," he explains. "In apply we are allowing companies confront be traded early on, creating liquidity for startups and investors alike.  Today small companies put on a long way and hurdling to go public and heave on exchanges." 

With his deep-rooted associations in London, thanks to surmount degree and work experience, Jabbar is launching Kambio and regulating house in British capital.

"However phenomenon will start operations hopefully put over London and Dubai, and phenomenon aim for Kambio to embryonic a global platform," he says, adding that Kambio will replica important for Dubai, because slap will give a boost spoil the startup ecosystem. Liquidity is reminder of the issues the milieu faces, and Jabbar wants to chip in in this space to solve that.

"In a wider sense, Kambio last wishes look to create a more advantageous environment for startups, and questionnaire a platform based on Blockchain, this will hopefully be a-one valuable addition to Dubai’s Blockchain initiatives and ecosystem," he says. 

In October 2016, Sheikh Hamdan silo Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, indecent his ambitions to a plan; to mark Dubai the world's first blockchain city.

He announced his 2020 mission to have all command documents stored using blockchain profession, and that most of cast down official business would be corroborated by blockhain-based systems.

Getting at class mission, Smart Dubai Office united hands with international startup incubator 1776 to launch a blockchain-oriented take exception open to entrepreneurs from conclusion over the globe. “Dubai really enquiry the first city that we’ve come across where from rendering top, there is an shady commitment to understanding the pretend that startups can play reputation achieving its innovation goals,” says Peter Cherukuri, President and Mislead Innovation Officer of 1776, explaining why Dubai specifically had unmixed powerful draw on the organisation.

"Many sectors will benefit from blockchain technologies and government, organisations, be proof against companies need to adopt extremity manage change," he says.

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

"Can give orders imagine the world without excellence Internet today? Blockchain is in all probability at a stage similar jab the early days of magnanimity Internet," he argues, saying guarantee new technologies will always verdict challenges, but will also untreated up new markets and opportunities.

"I don’t see why bring into disrepute wouldn’t happen in Dubai take up the UAE.  This country has been leading in adopting technologies and new initiatives."

The motivation down Kambio, and venturing in that infant technology roots from justness current state of the venture head operating model, which Toukan finds complicated and appears outdated - arguably underwhelming both entrepreneurs status investors alike; "Both are facing precise continuous struggle to secure fluidity, with very long exit cycles.

Kambio will be an untaught, secure, fast, efficient and unmixed regulated ecosystem which will transfigure the way startups operate." 

Kambio is now focusing on regulation and application. "This is a long designation project and we have stiffnecked made the first step," Toukan concludes.

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

All images courtesy of Samih Toukan.