Every day, hundreds of thousands of people are looking for answers to the questions: Should we be afraid of blockchain technology? How can blockchain revolutionize the world? How to prepare for attempts to regulate blockchain technology and the newly emerging market? How can energy gain from blockchain? How does ICO and tokenization revolutionize the acquisition of money?
BlockchainTech Congress is the first edition of the event, which is entirely dedicated to blockchain technology. Blockchain is a big chance for most sectors, which can be completely changed by the ultra-modern technology. On 27 – 28 March 2019 at The Westin Warsaw Hotel, all of those who have noticed the potential of the technology will meet, and gain knowledge on the topics of: the implementation and future of blockchain, cryptocurrencies, public services and cyber-security.
BlockchainTech Congress allows the participants to get to know how this breaking technology works, its potential and implementation, as well as the legal-regulatory threat. It will also dispel any doubts about: the way that ICO and tokenization are revolutionizing the acquirement of money; How the energy sector can earn on blockchain; Whether or not we should be scared of blockchain technology; How to prepare for the attempts to regulate blockchain technology and the forming market.
A revolution is coming. Blockchain is changing reality and the functioning of the economy, just like the internet once did.
The high level of substantive content of the event is maintained by the Advisory Board, chaired by Norbert Biedrzycki, McKinsey Digital Vice President. Also, members of the Advisory Board are: Rafał Zaorski, CEO, Trading Jam Session; Julian Zawistowski, Founder & CEO, Golem, Paweł Kuskowski, CEO Coinfirm; dr Krzysztof Korus, Legal Counsel, Partner, dLK Legal, Sylwester Suszek, CEO, BitBay.
We encourage you to visit our project website: http://blockchaintechcongress.com
Summary of the first day of the conference: Link
More about blockchain:
– Why do we care about blockchain technology?
– Blockchain – the ultimate financial crash
– Blockchain – the Holy Grail of the financial system?
– What is blockchain? All you need to know
– What are the bitcoins? All you need to know
– Blockchain has a potential to upend the key pillars of our society
Oscar2
Good!
The Midas touch of the digital age.
It is worth to predict an increase in demand by ………. for strong computing units. -:)
Norbert Biedrzycki
Five common blockchain myths: limitations and advantages. It’s not only about cryptocurrencies
Oscar2
Myth 3: Blockchain is immutable. Reality 4: Blockchain uses immutable data structures. You might want to clarify how those 2 opposing statements (back to back) are both true.
Karel Doomm2
What does “peer-to-peer, decentralized, append-only database” mean?
You probably know what a “database” is. Some people say it is sort of like an Excel spreadsheet. In the case of Bitcoin, the spreadsheet contains information about Bitcoin Wallets, which are like bank accounts.
“Append-only” means it is a database that you can add information to it, but you can never change the information that was added to it, and you can never take information away. This is important because you don’t want people cheating by changing information in the past to make it look like you have more Bitcoin money than you actually bought.
“Decentralized” means copies of the database exists on many, many different computers, and all of these computers can append information to the database. When new information is appended, the new information is copied to all of the computers.
“Peer-to-peer” means the database is not owned by any one company or person. Anyone can create a copy of the database and use the network. Everyone who has a copy of the database and connects to the network is an owner of the database.
Basically, blockchains are a technology, and like all other technologies, it can be used to solve various problems. Bitcoin is just one place where a blockchain is used.
Also, in my opinion, Bitcoin and crypto-currency is a waste of time and electricity, and I don’t think it will be very valuable for very long, it will probably suffer an economic crash in the near future. However the blockchain technology for Bitcoin is very interesting.
Don Fisher
Yes. If you have one of the few very large blockchains, then it’s not easy for someone to control 51% of the processing power. But it is possible and it has been done.
My point was that for any small blockchain (other than, say Bitcoin or etherium), there is no security at all, because you can just rent 10,000 machines from AWS or GCP for a day and take over any small blockchain.
TomHarber
unless you have one of the worlds biggest block chains (that is not run to >50% by chinese companies) …
Though this isn’t quite correct: You could still enforce other rules if you wouldn’t try to do everything by technology. Those would be rules by clients on whom they accept as miner. But that would be regulation (which isn’t a bad thing in general but seems to be disliked strongly by bitcoiners).
Currently all they use is entropy generation by burning electricity. What if they changed the rules so that the battle for the fastest machine would have much lower payoff? If you wouldn’t need a global network, you could actually register all mining machines and enforce rules by plain old authority.
AndrewJo
Since DLT is replicated and synchronized database of transactions distributed across a network of users, manual reconciliation become redundant
TonyHor
Blockchain is a public, decentralized, peer-to-peer, append-only database that uses a chain of hashes computed by all public users of the database to guarantee the database cannot be tampered with.
TonyHor
In the beginning, crypto was created to be a digital currency that helps you avoid third-party institutions. But at some point, people started to think about investments or to make it as a joke. Take KodakCoin 🙂
DDonovan
For most high-yield usages (like banking backends), you simply don’t have to do that.
For a public blockchain, yepp.
Did Bitcoin stop being essentially owned by chinese miners, who could be forced by their government to change the blockchain at any moment?
JohnE3
What about financing? There are countries, like the US, with strong capital market regulations, where in many places ICO does not fit. There were many different opinions, but one common foot – ICOs should have and even must have be regulated. There is a long road paved with regulations ahead of ICO to become a safe investing instrument. But as they said, it needs to be done if ICOs and cryptocurrencies are to become safe and useful.
DDonovan
This tech can help to hold the honest voting in countries. It’s not the people who vote that count, it’s the people who count the votes. Thanks to blockchain technology it is not possible to erase the vote or change it. What’s more, it can influence the healthcare industry and resolve the energy issues.
TommyG
Alphabhet Inc’s Google is working on a Blockchain-related technology that is aimed at supporting cloud business, according to Bloomberg News
Blockchain- built services have provided many startups to offer different online services, reassuring customers that their data is more secure and more productively managed compared to the traditional methods of online data hosting. These new services are proven to be solid challengers to the technology companies that are operating in the cloud-based data storage business.
Because digital ledgers like Blockchain allows secure documentation of transactions and processing of data over the internet or other private networks, more businesses are moving to digital ledgers and Blockchains.
https://toshitimes.com/internet-giant-google-working-on-its-own-blockchain/
Krzysztof C
I was there 🙂 Super conference. A super panel that you were leading. I saw that during the conference opening you were a bit nervous. A show of blockchain technology with invited guests to the stage and pinning paper sheets as a chain of blocks – masterpiece !!!