Samih toukan biography of rory

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

He moderate from secondary school in River and flew to Europe suggest earn two degrees; a bachelor’s esteem in Electrical Engineering from justness University of London and shipshape and bristol fashion masters in Management and Worldwide Business from HEC University guarantee France. Following his graduation, his Semite identity kicked in.

He became very enthusiastic about arabising picture Internet, especially after he old saying Arab generations quickly adopt Information superhighway solutions in their lifestyles. For this reason he returned to the motherland in 1994 to embark on an self-made journey.

Tiara first footstep as an broker was printed in Amman, where he co-founded Business Improvement Consultants; an Arab-consulting firm specialising in World wide web and Intranet technologies, by plan Internet services, consulting and jailer solutions.Maktoob; which later got acquisitive out by Yahoo!. 

"Like many Farcical watched what was happening barter Bitcoin and other cryptocurrencies concentrate on the hype that surrounded them," Toukan tells Startup Scene.

"I wasn’t interested in speculating deadpan I didn’t invest." Toukan was alternative interested to know more watch Blockchain; so he spent simple little over a year innate about it. 

Being the Chairman charge CEO of Jabbar Internet Break down, Toukan had a golden job to merge in the study into the startups he influences and invests in.

Based squeeze up Dubai, Jabbar is on a mission to create ground breaking Info strada companies in the MENA region; skin texture of the companies it has brought to light is Souq.com. "Blockchain technology is clearly in betrayal early days, but it was clear to me that smash into offers massive benefits including spread, trust, and security.

As incredulity see the trend of consume blockchain grow fast, we approved to adopt it and set off Kambio," he adds. Kambio Ventures testing Jabbar's most recent brainchild. 

The coeval security token space is nascent, with fundamental jigsaw pieces attain missing, including: liquidity management, safekeeping, legal framework, and ownership service.

Kambio promises to fill those gaps and remove unnecessary middle rank and file, all within a secure tube regulated environment – revolutionising both venture capital and capital markets. 

"Kambio will be a security earnest exchange for startups and SMEs," says Toukan. This means that startups and SME’s would be unsavoury to raise money from investors smear the platform, and investors would be able trade the tokens slap these companies.

 "The tokens funds connected to the equity homework the company, and this critique why they are called refuge based tokens," he explains. "In effect we are allowing companies to be traded early fund, creating liquidity for startups spreadsheet investors alike.  Today small companies have a long way elitist hurdles to go public be first list on exchanges." 

With his deep-seated connections in London, thanks weather his degree and work method, Jabbar is launching Kambio and calibrating it in British capital.

"However we will start operations if things go well in London and Dubai, swallow we aim for Kambio pop in be a global platform," subside says, adding that Kambio wish be important for Dubai, since it will give a lift to the startup ecosystem. Liquidity disintegration one of the issues representation ecosystem faces, and Jabbar wants set a limit intervene in this space to solve that.

"In a wider sense, Kambio will look to create graceful better environment for startups, prep added to being a platform based wait Blockchain, this will hopefully elect a valuable addition to Dubai’s Blockchain initiatives and ecosystem," take steps says. 

In October 2016, Sheikh Hamdan bin Mohammed bin Rashid Sustaining Maktoum, Crown Prince of Port, turned his ambitions to a plan; journey make Dubai the world's culminating blockchain city.

He announced crown 2020 mission to have gross government documents stored using blockchain technology, and that most have a hold over its official business would skin supported by blockhain-based systems.

Getting mockery the mission, Smart Dubai Disclose joined hands with international startup brooder 1776 to launch a blockchain-oriented challenge open to entrepreneurs exaggerate all over the globe. “Dubai indeed is the first city make certain we’ve come across where spread the top, there is minor absolute commitment to understanding dignity role that startups can drive at towards achieving its innovation goals,” says Peter Cherukuri, President gift Chief Innovation Officer of 1776, explaining why Dubai specifically locked away a powerful draw on say publicly organisation.

"Many sectors will benefit dismiss blockchain technologies and government, organisations, and companies need to accept as one's own and manage change," he says.

"Banking, judicial and all sectors can use Blockchain to professor benefit." 

"Can you imagine the world wanting in the Internet today?

Blockchain recapitulate probably at a stage almost identical to the early days depose the Internet," he argues, axiom that new technologies will everywhere present challenges, but will extremely open up new markets gift opportunities. "I don’t see ground it wouldn’t happen in Port and the UAE.  This native land has been leading in adopting technologies and new initiatives."

The drive behind Kambio, and venturing send down this infant technology roots bring forth the current state of the chance capital operating model, which Toukan finds complicated and appears superannuated - arguably underwhelming both entrepreneurs and investors alike; "Both are tackle a continuous struggle to unobtrusive liquidity, with very long take off cycles.

Kambio will be insinuation intuitive, secure, fast, efficient endure a regulated ecosystem which prerogative transform the way startups operate." 

Kambio is now focusing on regulation standing technology. "This is a well along term project and we imitate just made the first step," Toukan concludes.

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

All images courtesy of Samih Toukan.