New Castle, DE, Jan. 2021— A teleconference titled “Are You Ready for BLOCKCHAIN?” featuring Michael Marquardt, the CEO of Kompass Global Strategies, Inc., was hosted by the World Trade Center February 26 to give an overview of this exciting new data technology platform and discuss its importance to local businesses and international trade.
The importance of businesses learning about the concept of Blockchain now is similar to the time when the Internet and Amazon were emerging back in the late nineties, said Marquardt, who has served as a Blockchain advisor to the State of Delaware and is a Blockchain and Global Advisor to the Delaware Prosperity Partnership. “The reason company leaders need to know about it is to be able to determine whether it might impact their business and enable them to deliver a higher level of customer service, reduce their costs and offer services or products they couldn’t before. It’s better to be in on what’s coming earlier rather than later.”
Marquardt is an international business leader who has run companies in the technology and healthcare sectors and served as president of the global risk management company founded by former FBI Director Louis Freeh. He is a corporate director who has chaired and served on boards of corporations based in Paris, Jakarta, and Kuala Lumpur. He is also the incoming Vice Chair of the American Cancer Society board and is co-chairing the national search for the next CEO of the Society. Michael was born and raised in Berlin, Germany, emigrated to the United States in 1991 a year and a half after witnessing the fall of the Berlin Wall to attend college and graduate school, and he became a U.S. citizen in 2002.
World Trade Center Delaware President Carla Stone urged state business owners and leaders in a variety of fields to attend the event including those in IT, finance, insurance, law, accounting, and more. “We and they were all very fortunate to learn from such an expert as Michael Marquardt what Blockchain is and what it means for their businesses and international trade and best practices for its use, as well as find out about additional resources,” Stone said.