The Silicon Review - Best Business Review Magazine Super 30 Companies of the Year 2019 | Page 59

Founder’s desk
•
•
because they are subject to
frequent changes
Users’ knowledge and
acceptance of the blockchain
technology. Unfortunately,
the blockchain technology
is closely associated with
cryptocurrencies and
its volatile market. This
public misconception of
the technology has divided
users into supporters and
speculators
The time required to
build working blockchain
solutions. Even when the
product is developed, more
time is needed to educate
users and build trust
Finterra’s mantra for
trust: stay focused
Since Day One, Finterra has
taken pride in providing
transparency to users by keeping
them informed and engaged
in a number of ways. Company
updates and news is regularly
and effectively communicated
to both existing as well as new
customers across all channels. For
instance, Finterra uses Telegram
to address questions users may
have, whereas Facebook is used
to frequently update clients. A
while back, Finterra introduced
an online TV series called
Fintalk on its YouTube channel,
where viewers are updated and
questions are addressed on a
weekly basis. These are a few
ways Finterra has maintained
users’ loyalty and trust.
Furthermore, the trust users
bestowed on Finterra has not
gone unnoticed by mainstream
media as well, with the likes of
Thomson Reuters, Bernama,
Dubai TV and many more. As
a thought leader, Finterra has
worked to maintain consistency
in its direction, such as with its
WAQF Chain platform. Finterra
is constantly updating users
about the progress being made,
conducting research
on Waqf and Islamic Social
Finance, creating Waqf TV, and
so on. Finterra’s focus has never
wavered from the destination it
is headed towards.
Finterra’s integrity is impeccable
in the global financial industry,
and is synonymous with trust,
credibility and reliability. This
also includes the endorsement
of the industry and regulators
through awards, engagement
with regulators, government
agencies, financial institutions,
academicians and others
to showcase not only the
blockchain technology but also
its capabilities in improving
and bringing social change
to society. The bodies which
have been presented to in
different countries across the
world include the Securities
Commission in Kenya, Malaysia,
Central Bank of Bahrain,
Central Bank of Malaysia, Dubai
International Finance Center
(DIFC), World Islamic Economic
Forum (WIEF), World Bank,
International Islamic University
Malaysia and many more.
The roadmap ahead
Finterra is currently working
on the Waqf Development
Investment Platform. The firm
is initiating Waqf development
projects in Malaysia, Oman,
and India worth over US$300
million GDV, which would give
additional revenue stream to
Finterra group for the next 30
years to come. Moreover, Finterra
is creating alliances for the
use of its blockchain platform
with financial institutions
internationally. Ultimately in
the long run, these strategic
alliances will create even more
demand for Finterra’s platform.
SR
Hamid Rashid is the Founder of
the award-winning blockchain-based
R&D technology organization Finterra.
Responsible for developing the first-ever
WAQF Chain, a fundraising platform
for Waqf development built on the
blockchain, as well as the GALLACTIC
Blockchain, he successfully runs offices
in Malaysia, Singapore, Hong Kong, and
UAE, with further expansion already
taking place in East Africa, Oman, and
the rest of Middle East.
A specialist in technology
IP development, technology
commercialization, venture capital
investment and property investments,
Hamid is an accomplished hands-
on strategic visionary, who brings a
wealth of experience and knowledge
to create brands that deliver strong
tangible results to stakeholders. Having
served for the likes of corporate giants
as HP, he has established a record of
outperformance across an array of
financial strategies.
Hamid has over eighteen years of
Technology Consulting experience
in Enterprise Software Business
Management and Business Development
within the B2B and B2C sectors. He
excels in strategic Business Planning,
development, Business P&L, People
Management, Partner Eco-system
Management, and Service Desk.
Equipped with a master’s degree in
IT and Management, and a Certificate
in Organizational Leadership, he is
regularly invited to speak by various
institutions such as the World Bank,
WIEF, Central Banks, Securities
Commissions at leading international
conferences and forums. He often is also
quoted by the likes of Thomson Reuters,
The Edge, New Straits Times, Malaysian
Business and has been featured on the
front page of the White Collar Magazine.
Hamid has also appeared on Dubai TV,
CNBC, Bernama TV, and many other
channels speaking about the Finterra
project globally.