Torarica Ballroom, Paramaribo, Suriname - 26th and 27th of june
On June 26th and 27th 2019 the ICT Association Suriname is organizing the event Digital Impact Suriname 2019 in Paramaribo. The purpose of this event is to provide a platform for new business impulses, knowledge sharing and peer networking for all that actively want to participate in the digital transformation of Suriname.
On June 26th and 27th 2019 the ICT Association Suriname is organizing the event Digital Impact Suriname 2019 in Paramaribo. The purpose of this event is to provide a platform for new business impulses, knowledge sharing and peer networking for all that actively want to participate in the digital transformation of Suriname. The scope for this is event is defined by the following topics:
The Human Factor

In the past century we’ve observed a strong emphasis on technology, while The Human Factor is just as important in terms of digital transformation. Without readiness of the human domain, none of the digital transformation efforts will be successful. The topic for the first day of this event is “The Human Factor” in the 21st century. The purpose of this day is to enable the mindset of each of the participants towards digital transformation.


On the second day of this event the theme is “FinTech”. The purpose of this day is to give the audience some insights on how Fintech is reshaping the financial world on a monetary and business level based on these topics: Governments Digital Coins, Ripple vs Swift, Data analytics for Banking , Banking & Ecommerce, Mobile money based on blockchain technology.

Get to know some of the speakers of DIGITAL IMPACT SURINAME 2019
Virtual Partner Account Manager
Nishant Devarashetty has his Bachelor of Science in Mathematics and Statistics and has several Microsoft and Cisco certifications. He started as a network technician for the government and then worked his way to Business Development Executive in an internationally renowned IT distribution company. He is currently with Cisco for one and a halve year and is recently appointed as Virtual Partner Account Manager for the Caribbean Region.
CEO and entrepreneur at Maistering
John Brahim has his MBA from the Tilburg University, which he received with a cum laude distinction in 1982. He is now the Chief Executive Officer and Entrepreneur of Maistering - Augmenting Masters, with a long history of working with AI, information technology and business transformation in multiple countries and multiple sectors. As founder of Maistering, his mission is to shape a new category of services to augment leadership of Fortune 500 companies. He is also an advisor to the leadership of Capgemini, a leading technology & consulting provider, where he has been with the company since 1984.
Professor in Applied Informatics at University of Amsterdam
Dr. D. Kandhai (1972) has been appointed professor by special appointment of Applied Informatics, with a specific focus on Computational Finance, at the University of Amsterdam’s (UvA) Faculty of Science. This chair was established on behalf of the Beta Plus Foundation. Kandhai is an expert in risk analysis of financial markets using advanced numerical and computational methods, and will combine his professorship with his position as head of the Amsterdam branch of the Quantitative Analytics team in ING’s Financial Markets division. At ING Bank, Drona’s activities focus on mathematical modelling and numerical approximations for derivatives pricing and risk measurement. Kandhai has published extensively in various scientific journals, including the Journal of Computational Finance, the Journal of Quantitative Finance and Scientific Reports.
System Engineer Manager Northern Latin America at VMWare
Lucesita Mendez has a Master’s Degree in Technology Management and currently works at VMWare since 2014. She started as a strategic enterprise systems Engineer for the Caribbean Region and is now System Engineer Manager in Northern Latin America. Mendez is a highly organized and efficient professional with a proven ability to prioritize and handle multiple projects with more than 17 years experience in IT Operations and Management, Project Management, Systems Architecture, IT Design and Systems Engineer Manager.  She is also specialized in cloud computing, Virtualized environments, Business Critical Designs, IT Hardware knowledge , Software integrator, Architectures and Hyperconverged Solutions, Blockchain Solutions, IOT, Artificial Intelligence, Automation Platforms, Virtualized Apps, VDI, Coaching and mentoring and others.
Consultant, specialised in strategy and change management at Strategy Works
Dafir Kramer obtained his Master’s degree in Strategic Management and Organizational Change from the Rotterdam School of Management from the Erasmus University. He has experience in different companies such as Ministry of Foreign Affairs, Netherlands and Strategy Works, as Organizational and Management consultant, specialized in strategy and change. Specific fields are Management Consulting, Strategic and Organizational Change (implementation), Management Development and Process facilitation. He is also professor in strategic management for business schools and universities, such as Rotterdam School of Management, Nyenrode Business University, Maastricht School of Management and Erasmus School for Accounting & Assurance.
Co-founder and Managing Director Startupbootcamp
Michael Dooijes has several MBA degrees in Business and in Finance. He also studied at the Harvard Business School doing a degree in Executive Education, Building New Businesses in Established Organizations (2013) and at the Stanford University School of Engineering doing an Online Leadership program in Innovation and Entrepreneurship (2019). He has fulfilled many management positions in companies such as ABN AMRO (Corporate Director), Rabobank Nederland (Executive Director) and Startupbootcamp (Co-founder and Managing Director). Michael Dooijes is an international banking executive and innovator with extensive entrepreneurial experience. In the 2014 list of Bank Innovation, he is one of the people to watch in the financial sector. In the last 20+ years, Michael has lived and worked in various countries and has managed large cross-functional and high performance teams across these multiple countries. Michael is a well-recognized mentor for promising startups across multiple verticals. With his involvement in the startup eco-system, he is trying to bridge the gap and help transition into a more digitally enabled industry. He is passionate about how Innovation can impact the lives of millions.
Vice President
Stephen Phillips has a Master degree in Wireless Enterprise Business systems. He is currently manageing partner/consultant at IMHOTEP and Vice President of Bitt Inc. He is the lead Central Bank Digital Currency (CBDC) specialist, enabling central banks to issue digital fiat currency on advanced, permissioned blockchain technology.
Senior Manager Client Relations at IBIS Management Associates Inc.
Morales Esajas has a Masters degree from the Business School Nederland. He has extensive experience in banking and has been with Ibis Management Associates INC for 12 years now. He started there as banking consultant and grew thorugh the years to Senior Manager Sales & Business Development and is now set for the position Senior Manager Client Relations.
Chairman Of The Supervisory Board at Aqualectra Utility
What does 16 years of banking and strategy consulting in emerging markets bring? A different way of thinking about complex questions and coming up with practical solutions. From developing innovative sales growth campaigns to moving, consolidating and digitizing banking operations across 17 countries, I bring a different way of looking at improving business - and so far it seems to get the job done.
DIGITAL IMPACT 2019 Schedule
Learn schedule, program and topics of DIGITAL IMPACT 2019

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Different studies give insights in the different skills that will be needed for the 21st century. One thing is certain that in the near future the human factor will play an important role. “As the 21st-century learning movement expands internationally, we’re seeing an abundance of frameworks, assessments, and semantic labels as different organizations put their spin on what’s worth knowing. The unifying theme of these various frameworks seems to be the human factor. The core skills of collaboration, communication, and critical thinking are things that humans do well and machines not so well,” argues Ross. “Machines are getting better at them,” he adds, “but perform them best in concert with humans.” Source:
In the past century we’ve seen that there was an emphasis on technology instead of the Human factor. With day 1 of this summit we want to give the audience valuable insights from different perspectives (Employeeship, Citizenship, Artificial Intelligence, entrepreneurship and inclusion) why the human factor will be more important than ever in the 21st century.

Digital transformation is not only changing organizations to the point of survival but is dramatically affecting the employment landscape.
Employees need new capabilities, different skills and special personal characteristics to continue adding value to the organizations in this new era. Artificial Intelligence and Machine learning will make this change and requirements even more complex and challenging.
Given this changes, what are organizations like Cisco looking for in their talent acquisition efforts? What are the key elements for people entering the labor market? Can the new talents and requirements be obtained and trained? What technologies and training can help employees perform appropriately under this new paradigm?

Our ability to unleash our full potential is proportional to our awareness that no-one and nothing ‘is’. ‘Is’ is simply a story our brain uses to make meaning of people and things so we can predict their behavior and adapt our own.

Using unique simulations and experiments I will share with the audience, I help people and organizations become more aware of their automatic behavior induced by stories of role, ethnicity and gender. Such stories impede responsibility, creativity and leadership and stifle progress.

When we start to wake up and see beyond our social conditioning of who we think we and they “are”, we can unleash our true human potential - and transform our world.

“Equality is the state of being equal, especially in status, rights, or opportunities. In order to achieve equality, people must be fair and respect differences in their values and status.”

For example: “Equality in Employment is regulated by a combination of UK Laws and UK regulations leading to the Equal Opportunities and Discrimination Act (Equality Act 2010).The act contains a number of key concepts or ‘protected characteristics’ which include:

- Age
- Disability
- Gender reassignment
- Marriage and civil partnership
- Pregnancy and maternity
- Race
- Religion of belief
- Sex
- Sexual orientation

” Source:

Why does diversity and Inclusion matter?

Lunch will be catered by Torarica and is offcourse included in the ticket price. There will also be some entertainment for your benefit.

We weten ondertussen wel hoe technologie grote veranderingen in maatschappij en economie teweeg kan brengen. AI, artificial of augmented intelligence mag rustig worden gezien als een hele grote golf welke zal rammelen aan zekerheden in de menselijke geschiedenis tot nu toe. Nieuwe ronde, nieuwe kansen en bedreigingen voor big tech en ook voor kleine ondernemers.

“ The definition for "business" in past centuries and for several years into this one might be summed up as “providing goods and services to satisfy human needs and desires.” But, today, this basic concept alone won't fly if you want to thrive and find yourself a piece of the entrepreneurship pie.”

“Indeed, there are already more than enough people supplying goods and services to customers. Today, those customers are looking out for the spectacular. Today, creativity, innovation and out-of-the box are the factors spurring success.” Source:

What skills are needed for the entrepreneur of the 21st century?

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“Digitization of the Financial Services Industry
Digitization has a strong impact on the financial services industry. One major reason is that financial products are almost exclusively based on information. Examples are payment transactions or credit contracts which, in contrast to purchasing a car, do in most cases not include any physical components. Another reason is that most processes are almost entirely implemented without any physical interaction such as for example online payment or stock trading – exemptions are some physical forms of interaction such as client advisory. Due to recent developments in information technology (IT), the ongoing process of digitization is not only leading to an increasing automation of processes, but to a fundamental reorganization of the financial services value chain with new business models (e.g., robo-advisors) and new actors entering the market (e.g., Apple). The term “financial technology” or short “fintech” reflects this...
” Source: Puschmann, T. Bus Inf Syst Eng (2017) 59: 69.

The blockchain technology also had an big impact on how Fintech was adopted by organisations and governments. On the second day of this summit we want to give the audience some insights on how Fintech is reshaping the financial world on a monetary and business level.

“The Eastern Caribbean Central Bank (ECCB) and the Barbados-based fintech company, Bitt Inc. (Bitt) have signed a contract to conduct a blockchain-issued Central Bank Digital Currency (CBDC) pilot within the Eastern Caribbean Currency Union (ECCU).

The watershed contract was signed on 21 February at the ECCB’s Headquarters in Basseterre, St Kitts and Nevis.

This ECCB CBDC pilot is the first of its kind and will involve a securely minted and issued digital version of the EC dollar (DXCD). The digital EC dollar will be distributed and used by Licensed Financial Institutions and Non-Bank Financial Institutions in the ECCU. The DXCD will be used for financial transactions between consumers and merchants, including peer-to-peer transactions, all using smart devices. For example, an individual in St Kitts and Nevis will be able to send DXCD securely from his/her smartphone to a friend in Grenada in seconds - and at no cost to either party.

The Governor of the ECCB, Timothy N. J. Antoine, emphasised that in contrast to previous CBDC research and experiments, the ECCB is going a step further.”

Why has the ECCB chosen to implement a digital currency based on the blockchain technology to facilitate their monetary system?
What’s the vision of the ECCB on governments using blockchain technology for creating digital currencies.

Ripple connects banks and payment providers via RippleNet to provide one frictionless experience for sending and receiving money globally. Ripple can be seen as a robust counterpart of the current SWIFT system. “Swift is a vast messaging network used by banks and other financial institutions to quickly, accurately, and securely send and receive information, such as money transfer instructions.” Source:

For Suriname Ripplenet can be seen as a major opportunity to, also, manage cross border payments, because most of the cross border payments done by banks now are managed only by SWIFT. In this session the pros and cons in comparison to SWIFT could be shared with the audience.

“Some of the areas where banking and financial institutions are increasingly using data analytics include:

Fraud detection
Managing customer data
Risk modelling for investment banks
Personalized marketing
Lifetime value prediction
Real-time and predictive analytics
Customer segmentation
Customer spending patterns
Transaction channel identification
Customer feedback analysis and application”

How is data analytics used for the areas mentioned above and what impact did it have on the way banks are doing business?

Lunch is catered by Torarica and included in the ticket price.

"Innovation in the Financial Services Industry
Emerging Technologies and data tools are fueling the growth of change in the financial services industry. These winds of change are unstoppable. The sector is only able to deal with this innovation if they are willing to make a fundamental shift in strategy, in the culture, in the focus of the leadership teams and embrace the change.

Business Model Innovation will be an important growth opportunity for Banks. Innovative banks are taking the lead and look to go “beyond banking” offering new value added services to their customers. The mix of commerce and banking provides unique opportunities for banks and merchants to collaborate and provide additional value to consumers and businesses. Michael will highlight some of the trends in the industry, the state of fintech and present some concrete use cases of these so-called ‘value added services’. He will also make an announcement for an upcoming new service in Suriname."

The lack of interoperability of mobile money platforms is a major barrier to effective competition and stalls further progress in the development of mobile money services. Without Wallet to Wallet interoperability, mobile money platforms operate as ‘walled gardens’ wherein users of one platform are unable to directly transfer money to users operating on a second platform. We will examine how the application of blockchain based Central Bank Digital Currency (CBDC) to mobile money has the potential to transform Retail Payment Systems with greater interoperability, increased trust in mobile financial services, facilitate cost-savings and reduce the key payment risks and liquidity constraints that are typically associated with mobile money.

Join our event at the 26th and 27th of june at the Royal Ballroom of Torarica and be inspired by our speakers. Learn more about the Human Factor and FinTech, network with peers, follow our panel discussions and ask our experts questions about their speech. We love to see you!
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