Leveraging Blockchain for Mobility Platform

DRIFE's CEO on Why Blockchain Is the Future
Firdosh Sheikh, CEO at DRIFE

Blockchain is one of the most prominent technologies with unique characteristics; however, it has not been in use widely. Firdosh Sheikh, CEO at DRIFE, a blockchain-based mobility platform, shares her views on some of the misconceptions about blockchain.

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"There is a misconception that bitcoin is blockchain. When we say that bitcoin is synonymous with blockchain, people start building everything around cryptocurrencies. Almost 90% of blockchain use cases that exist today are related to cryptocurrency. So everything is built around this small ecosystem," Sheikh says. "And this is where the problem exists since blockchain as a technology has lot more use cases."

In a video interview with Information Security Media Group, Sheikh also discusses:

  • The various use cases of blockchain technology;
  • Why DRIFE chose blockchain as a technology;
  • Challenges of adopting blockchain technology.

Sheikh previously worked with Microsoft as a financial analyst. She has a demonstrated history of working in the capital markets industry.

About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia, where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine and leading Indian newspapers, such as DNA and Times of India.

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