On January 15, 2013 Toronto’s Digital Money Unconference (#dmutoronto) took place in the MaRS Auditorium, bringing together digital commerce thought leaders to discuss topics ranging from privacy concerns and cloud-based solutions to alternative payments and digital currency.
The sold-out event was organized and hosted by MaRS information technology, communications and entertainment advisors Debbie Gamble and Pierre Roberge, and was moderated by David Birch, a director of Consult Hyperion, an IT management consultancy that specializes in electronic transactions.
The “unconference” brought together industry thought leaders, influencers and market makers to participate in candid conversations about innovation in the digital commerce space. All surplus ticket proceeds were donated to The Hospital for Sick Children.
An unconference is a participant-driven meeting that does not adopt the usual traditions of conferences, such as a set agenda, high fees and continuous speaker sessions.
Rather, three separate breakout sessions discussing trends, technologies and the rapidly changing digital transaction and payment space took place over the course of the day. The discussion topics were decided the day of the event, with participants writing down ideas and questions on sticky notes that were then grouped together to help dictate the structure of the sessions. Attendees collaborated and engaged in hour-long discussions in which innovative new business model ideas for the world of payments and digital commerce were debated.
The following are some of the key conversation topics from the event’s breakout sessions.
The day concluded with an hour-long roundtable panel discussion that was open to the public and attracted entrepreneurs and innovative thinkers interested in the payment technology space. The group discussed the social dimension of payments, the costs of current payment systems and the implications of paying with a mobile device versus a card.
The day was a great success. Dave Birch from Consult Hyperion said,”Attendees were completely engrossed in the event and it was really popular across social networks with loads of tweets posted between sessions using hashtag #dmutoronto.”
Here’s more feedback from some of the attendees: “Progress comes from people talking through concepts and issues. The Digital Money Unconference succeeded in bringing together a broad range of people to discuss elements of mobile commerce that are often overlooked. It was a very worthwhile day.” Catherine Johnston, President & CEO, ACT Canada
“I have been in the payments industry for over a decade and have attended at least 50 tradeshows and events. This was by far the best event that I have attended in the industry. I would highly recommend this event to anyone in the industry and I personally plan on attending all of the ‘unconferences’ globally going forward.” – Grant Colhoun, CEO at Paymentronics Inc.
A big thank you goes out to everyone who participated at #dmutoronto, helping make this unconference a success!