Article, Fintech, Report

Blockchain World Conference, Bangkok 2017: An Embily Report Part 2

Part II

 

Like part one of this article (https://embily.com/blockchain-world-conference-bangkok-2017-embily-report/), I will include the link to the events website as it has details such as the event day timetable, as well as pictures of each speaker, giving you an idea of what they look like. https://blockchainworldconferences.com/
Sometimes it’s nice to put a face to something, right?

After Lunch

With everyone back in the ball room from lunch, the first keynote session of the day was ready to start. This one was called; The State of Blockchain in China. Now and the Future.
The speaker for the keynote session was Founder of NEO; Da Hongfei, who ran onto the stage and greeted everyone before quickly introducing himself to the audience.

The panel began with Da going through the history of NEO. He said that it first started over 3 years ago and it was the first Chinese blockchain. When it first started, it wasn’t called Neo. The original name for the project was in fact; Antshares. Actually, the name NEO wasn’t officially adopted until earlier this year 2017.

Da explained that they underwent two ICO’s. One back in 2015, which raised over 700k USD. And then their second ICO in 2016, raised 3.8m USD and then, of course, they had the rebranding in 2017 from Antshares to NEO. Da stated that the community was what helped make the NEO project strong. As today, NEO apps are translated into most of the main languages, and he boasted 1000 transactions per second on the network.

Da then went on to introduce a new project he had been working on, called Onchain. Onchain is a distributed ledger for Enterprise networks. http://www.onchain.com/en-us/
Da’s vision is for Onchain to help connect conventional businesses to NEO.

The rest of the panel was Da explaining the functions of Onchain and how it will cooperate with NEO and the future for the two projects. But before he went off stage, Da informed the audience that the mining ban rumours in China are simply rumours and that they are not true.

To further elaborate; he explained that China has banned mining for special electric consumption rates. As there were several companies trying to claim the countries lower electric rates in certain regions of China, but did not disclose that the lower electric rates were to be used for cryptocurrency mining but rather something else. When the companies were found lying about their claim, that’s when the government made some regulations and the rumours of cryptocurrency mining started. But for now, mining is still legal in China, and even if there was a ban, Da said with a smile; “The Chinese will always find a way.”

Da Hongfei giving his presentation

The keynote session finished and soon more white armchairs were brought back onto the stage for the following panel, which was titled; Real World Applications of the Blockchain.

The speakers for this panel were; Anastasia Andrianova, Founder & CEO at Akropolis. John Monarch, Founder of Shipchain. Nikolaj Martyniuk, Co-Founder & CEO at WePower Network. Roger Haenni, Co-Founder & CEO at Datum. And moderating the panel was our main host of the day’s events; Helen Disney.

Personally, this was the panel that I looked forward to most when I had seen the timetable of the conference’s panels. Blockchain technology is fantastic and it has the potential to change the world and sculpt the future. So, hearing about real-world applications and other uses was a very interesting subject for me.

In my opinion, however, this particular panel was probably one of the most boring ones during that day. It didn’t help when the speakers were rather quiet and most of the panel was very hard to hear and I even think a couple of the Embily team sneaking off for some coffee, sometime during the panel.

The introduction of each speaker consisted of who they were and what their company did and they each took in turn on how their respective companies used blockchain technology in their daily work. Such as John’s company Shipchain uses blockchain to help put data on all the shipped items in his shipping and freight logistics business. And Nikolaj’s WePower will allow people to buy energy from a platform they like to use.
Roger told us that Datum aims to provide secure data storage, as well as allow us the opportunity to sell our data to other users on the blockchain.

The one thing that they did all mention, and agree with one another on is that they want to see more user-friendly interfaces on every project’s platforms. As it will help with the real-world adoption of the Blockchain.

With the panel over, the second keynote session of the day was with Jarrad Hope, Co-Founder at Status. The keynote session was titled: A path towards mainstream adoption of Ethereum.

Jarrad’s vision with his project; Status, is to drive adoption of Ethereum to the masses. By using easy and secure platforms on the decentralized web.
In order to help push mainstream adoption of the Ethereum network, Jarrad mentioned a few main things that they are aiming to do.

He stated that in order to help mainstream adoption, everything had to be streamlined and making a transformative standard that both newbies and experts will get used to.

What his project; Status aims to do is to help with the coming transformation and its standards. By giving us a platform for a decentralized web and economy.

While he did go into detail on how things will work, I will leave a link to the projects main site here in case some of you would like to do some further research on your own; https://status.im/

Jarrad Hope

With the second keynote session of the day over, the time was around 4 pm. Helen Disney declared that there would be a fifteen-minute break before the next panel, the third keynote session, would start.
You can read about the rest of the day, in the third and final part of this Embily report.

You can read third part one of this article here.
https://embily.com/blockchain-world-conference-bangkok-2017-an-embily-report-part-3/

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A lover and advocate of all things Tech, Loy has had an exciting time learning about Blockchain and the possibilities it brings for the future.