Blockchain, the wave of the future
In our upcoming conference, Next In Tech (www.nextintech.co.uk) we are thrilled to have David Siegel, CEO of Twenty Thirty AG (www.2030.io) and a renowned speaker on Blockchain. His talk promises to turn your head and open up a world where Blockchain will be the vehicle we use to interact, share, collaborate and conduct business for the future. It has the potential to change every system we currently use. Having at least a basic understanding will be a must for anyone living and working in this world.
So what is Blockchain?
Blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater.
Blockchain allows digital information to be distributed but not copied. Blockchain technology has created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology. (Except taken from https://blockgeeks.com/guides/what-is-blockchain-technology/)
With blockchain, we can imagine a world in which contracts are embedded in digital code and stored in transparent, shared databases, where they are protected from deletion, tampering, and revision. In this world every agreement, every process, every task, and every payment would have a digital record and signature that could be identified, validated, stored, and shared. Intermediaries like lawyers, brokers, and bankers might no longer be necessary. Individuals, organisations, machines, and algorithms would freely transact and interact with one another with little friction. This is the immense potential of blockchain. (Except taken from https://hbr.org/2017/01/the-truth-about-blockchain ).
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Don & Alex Tapscott, authors Blockchain Revolution (2016)
We have been hearing about Blockchain for quite a while, however we only understand the basics ourselves. We are therefore very much looking forward to hearing David’s talk and gaining a real insight into the future.
Come and learn more by signing up to our conference at www.nextintech.co.uk