Annual global blockchain summit 2017
The UAE hosted its second annual Future Blockchain Summit, gathering together thousands of technology industry experts, government bodies and international companies. The technology has already had a transformative impact on the financial sector through the popularity of cryptocurrencies. Other industries such as tourism, education, real estate, and healthcare have also begun to incorporate the technology with positive results. The summit saw experts discussing whether blockchain could be a game-changer for companies across the board or a bubble about to burst. The entrepreneur does not, however, recommend that all businesses rush to plough money into the technology.
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Powerledger at ACTAI & Bitfury’s Fourth Annual Blockchain Summit, Morocco Edition
The potential for applying blockchain, the underlying technology that powers cryptocurrencies like bitcoin, to all walks of life is only just starting to be realised. As with any new technology, the role of the business sector will be key to maximizing its potential and benefits. There, business leaders and innovators learned how blockchain — a type of distributed ledger — has applications far beyond the development of cryptocurrencies like bitcoin.
Blockchain technology offers a way for people who do not know or trust each other to transfer nearly any asset using the same process, creating a record of ownership that compels the consent of everyone concerned. No central authority or potentially malicious third party can tamper with it.
Everything from government land registries, to stock markets to financial services are interested in applying this technology to limit fraud and corruption, improve efficiency and maximize economic benefits to a broader section of society. At the Blockchain Summit, the renowned economist Hernando de Soto presented his plan to help citizens title their property, such as land and automobiles, through blockchain.
Already there have been some first steps: in October, the Crown Prince of Dubai announced a project that would see all government documents secured on a blockchain by The GBBC will help business leaders around the world see for themselves just how easy — and important — it is to use. After the launch at Davos, the next steps will be to draw in other partners to help the GBBC fulfil its mission, as well as decide where the council will be based.
Alongside that effort, the GBBC will start holding its first meetings in a few different key cities around the world, which will bring together businesses to learn more about how to adopt blockchain technology. Such events, to be held in countries that have shown particular interest in blockchain, will feature business leaders who have already started adopting blockchain technology, as well as innovative pilot projects that can offer a bit more insight into how blockchain technology might benefit certain businesses.
The GBBC events will allow businesses to both learn about the successes of existing blockchain projects and explore new ways to integrate blockchain into their businesses. Register here to continue reading this article and 8 more for free or purchase 12 months full website access. Register to read the bne monthly magazine for free:. Already registered.
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Blockchain Summit
We spent the first day attending keynote sessions and meeting other Blockchain professionals, learning about the cryptocurrency landscape in China, South Korea, Japan and Australia, especially in regards to the current regulatory environment. A great deal of time was spent networking with and educating investors, capital funds, press and media. Thomas also spoke to Bryce Wells of BTC Media regarding a possible collaboration to co-host Blockchain events and hackathons around the world. Stay up-to-date with the newsletter.
What Does China Really Think About Blockchain
EventHorizon — Global Summit on Blockchain Technology in the Energy Sector — is the annual event centered on energy blockchain solutions for a future based solely on renewable resources. It is a game-changing platform for the development of a customer focused, fair energy future. EventHorizon will take the participants on a journey to the future of the energy market. For more information, please visit www. VEI replaces power generation with metered savings from energy efficiency renovations. It deploys smart connected technology to enable buildings to actively participate in supporting the energy system. At its core is a technology innovation, the negaWatt hour nWh meter. Born in as a business unit of Flyby S.
FUTURE BLOCKCHAIN SUMMIT
Senior business and financial executives will converge on UT Dallas Sept. Chris Ballinger, director of mobility services and chief financial officer at Toyota Research Institute TRI , will be the keynote speaker. The technology now known as blockchain was developed in as a way for buyers and sellers to conduct digital financial transactions without having to involve an intermediary party. It is a type of electronic ledger consisting of transactions joined in a virtual chain only after members of a known peer-to-peer computer network mutually validate each proposed block of data.
The Blockchain Summit 2017
This year-round programming partnership seeks to create a platform for leading companies and entrepreneurs to present the potential of blockchain technology in creating more secure, equitable, and functional societies. Through innovative programming, the two organizations will engage the public sector in better understanding the technology in order to make informed policy decisions related to blockchain. Additionally, this partnership aims to build a community of leaders and experts that can explore the power of blockchain for social impact and construct cross-sector partnerships that incorporate blockchain technology to address pressing global issues. Operating as a Summit within the larger Concordia Annual Summit, Blockchain Central will be the premier venue during UNGA for all things blockchain, including blockchain-specific programming and a Blockchain Central Lounge for networking and demonstrations throughout the conference. Small roundtables, strategic dialogues, and high-level plenary sessions will allow for a range of discussions by the leading voices in this groundbreaking field and create unmatched opportunities for innovators to collaborate with policymakers and business leaders. Blockchain Central will only be accessible to Concordia Members and people who purchase a Blockchain Central ticket.
Blockchain boosters warn that regulatory uncertainty is harming innovation
Those interested in applying need to upload a short video explainer of their product via the following link:. At the event, you will be expected to demonstrate on-stage your next-generation blockchain solution for GDPR compliant personal identifiable information handling. We are encouraging teams to enter by creating a simple one-minute video and will be judging the demo on how compliant, secure, easy to use and performant it is. Technology is already playing a major role in shaping the future of the insurance industry and is set to play an increasingly important part in how we work towards making life better for our customers. The Blockchain Summit London is set to be a major event for the blockchain community and with such a huge prize at stake we hope the competition will be a great success.
Demo Day presents an opportunity for various stakeholders from different industries to connect with dozens of blockchain start-ups and projects from around the world, including contestants from Wanxiang Innova City's Global Blockchain Challenge Initiative. This will be an event reflecting the latest development and innovation in the blockchain atmosphere. Video: Demo Day. This September, the 3rd Global Block Summit will gather iconic speakers from various industries to discuss more about the real-world applications of blockchain technology, as well as its potential benefits, risks, and regulatory concerns.
Due to clear leadership and blockchain strategies going forward. UAE also exhibits a wide variety of use cases. Much like other jurisdictions in this report, the UAE has strong ambitions to become the go-to destination for blockchain-related businesses going forward. Already a hub for financial and technological innovation, the latest policies implemented in the region suggest strong support for blockchain. By adopting this technology, the UAE government expects to save:.
Should the US government step in to help blockchain technology? Some think so. The relationship was always going to be awkward. After all, blockchains let users execute financial transactions outside the traditional—and highly regulated—financial system. For years after Bitcoin emerged a decade ago, however, financial regulators paid little attention to the cryptocurrency marketplace, which was small and mostly confined to technically inclined enthusiasts. That changed abruptly in , when companies began raising hundreds of millions of dollars overnight by selling blockchain-based tokens via so-called initial coin offerings, or ICOs. Then came the crackdown.
With PSD2 and GDPR soon coming into play, investment in Blockchain technology has been on the rise and we are ready to tackle the topic head-on and analyze predictions for Join this summit where we've gathered top global experts who will debate, explain and discuss use cases, challenges, and opportunities on all things Blockchain. Alternative payment models and digital currencies are the most popular uses for Blockchain technology. Listen in to hear the newest trends and solutions in this….
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