Transforming security with MagicCube co-founders Hisham Shawki and Nancy Zayed

Transforming security with MagicCube co-founders Hisham Shawki and Nancy Zayed

From Making It by The Enterprise Company

November 4, 2020 · 42 min · Season 3

About this episode

Hisham Shawki and Nancy Zayed discuss their journey in launching MagicCube and its impact on security in various industries.

Hisham Shawki and Nancy Zayed launched MagicCube in 2014 with the intention of eliminating the redundancy of hardware-based security currently used in mobile and IoT devices. The primary target of their technology is the USD 48 bn POS hardware market, a strategy that attracted investments from Visa and CIB’s VC arm CVentures. Beyond financial services, the security platform has major applications in industrial machinery, medical devices, and autonomous vehicles. The implications on emerging markets looking to improve financial inclusion are undeniable. By removing costly barriers to entry caused by manufacturing and deployment of hardware components, the technology can help bring a greater portion of the informal economy into the system.  Hisham and Nancy take us back to how they went from building software in Egypt to working at tech companies that arguably changed the world, and share with us their favorite stories about meeting Steve Jobs. ** Subscribe to Enterprise, our 6am briefing on business, finance and economics in Egypt (also free) at www.enterprise.news . Making It is grateful for the generous support of: CIB , Egypt’s number-one private-sector bank…

People in this episode

Guests: Hisham Shawki, Nancy Zayed

Topics covered

  • security
  • mobile devices
  • IoT
  • financial inclusion
  • technology

Keywords

  • MagicCube
  • POS hardware market
  • Visa
  • CIB
  • CVentures
  • emerging markets

Sponsors

CIB

Mentioned in this episode

Products: MagicCube

Places: Egypt

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