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Blockchain Conferences In San Francisco Highlight New Direction For Technology

Source: bitcoin

San Francisco

Blockchain conferences are much different than Bitcoin conferences. Whereas Bitcoin conferences might have been heavy on theoretics about liberating the world’s unbanked, the blockchain conference has a much more generalized focused. Many new participants in the space are uninterested in wildly shaking up the status quo.

Also Read: Tendermint To Unveil UI, Demo First Blockchain Apps

Blockchain Conferences Reveal New Horizons

This has been on display early in the year. In San Francisco, two recent blockchain conferences features some of the most influential financial technologists in the space. The first, hosted by Lighthouse Partners, featured banking names interested in the prospects of blockchain for their industry. John Bertrand gave a talk from England in which he focused on how the blockchain could bring value to the banking industry.

The second, the San Francisco Blockchain Conference, brought together technology industry’s and banking industry’s  minds in a discussion of the possibilities and anticipated research directions for blockchain technology.

Much more than at Bitcoin conferences, Blockchain Conferences focus on how distributed systems such as blockchain will be plugged into pre-existing technology and other services, and vice versa. John Wolpert engaged the audience in a thought experiment about what individuals were seeking to do with the technology. Some expressed a desire to test the limits of smart contracts, others discussed their desires to tap the potential of blockchain in anti-money laundering. Interestingly, many people desired increased privacy.  A consistent theme at the conference revolved around the notion of how the blockchain can be adapted to pre-existing banking and regulatory systems. One of the most paper-intensive duties of the the financial industry is the maintenance of know your customer and anti-money laundering databases. Many blockchainers believe this can be solved with technology inspired by Bitcoin. 

Nevertheless, Bitcoin was almost a bad word at the conference. Tony Vays injected a seemingly anarcho-capitalist view into the discussion. There was even a spat between Vays and Chris Kitze, where Vays argued governments were collapsing and would lose control while the free market would create freer systems. Chris Kitze argued governments had a certain agenda, and seemed capable of carrying it out for the foreseeable future. Of the spat, Kitze later told Bitcoinist.net:

“I enjoyed hearing from Tone and appreciate his thoughts,” Kitze said. “In fact, I don’t disagree with most of his thoughts and I think they are entirely valid for private, non-fiat related currencies.” He clarified that Safe Cash focuses on legally compliant and very practical approaches needed by businesses that touch money.

“We think Bitcoin is great and yes, we do also value freedom, privacy and people’s ability to use their private property as they see fit,” he said. The company fully supports Bitcoin payments with their Unseen project.

“It’s too bad we couldn’t have a full discussion of private currencies due to time limits and it was outside the scope of this meeting,” Kitze said. “Private currencies will likely be every bit as valuable as the widespread legal tender currencies of today. Bitcoin is now widely enough used and it can be exchanged for fiat and those two factors probably move it out of the private currency realm.”

The conference, overall, was considerably pitch heavy. Young startups looking for partners in the heights of technology and finance.

Matt Slater detailed some of the use-cases for blockchain technology: collateral management, wherein collateral payments and margin balances for bilateral contracts are managed in real time; OTC Post-Trade Processing and Settlement, similar to the work of Overstock and t0. As Hedgy explains, this functions to “Trigger auto-settlements when terms are met or collateral is deemed insufficient.” Like Factom, Hedgy also seeks to unveil a platform for land titles and mineral rights.

Kelly Olson, Intel’s Director of Distributed Ledger Technology just completed work with R3 CEV.

“Intel is excited to give the R3 members the opportunity to evaluate our software in advance of its open source release,” Kelly Olson of Intel’s New Technology Group said. “Intel processor technologies like Intel® Software Guard Extensions (Intel® SGX) provide unique capabilities that can help enable improved security and scalability for distributed ledger networks.”

Ben Blair discussed Teachur.co, a way to design what might be called a smart course. The company wants to make academia more efficient, and the blockchain could be a way to do this. The blockchain could also bring academia to less fortunate countries.

Teachur seeks to build lessons and courses so people can earn degrees in hours or days instead of months. They want to build a stripped down degree program to made education more cost-effective.

Michael Terpin, BigAngels Chairman and bCommerce Labs managing partner, unveiled interesting information about the Satoshi Roundtable, where at, apparently while Bitcoin Core discussed they would not be interested in scaling soon, people at the conference placed buy orders for Ether, the native currency of Ethereum.

The feeling of the meeting reflected a Bitcoin vs Blockchain sentiment. Chris Kitze, Safe Cash CEO, even said Bitcoin probably wasn’t a legal value transfer model. What is needed? As many participants agree, a layer for anti-money laundering and know your customer procedures. 

Both conferences had the feeling that a new industry has started, inspired by Bitcoin, but not beholden to the nascent digital currency.

What do you think about the recent blockchain conferences in San Francisco? Let us know in the comments below!


Featured image courtesy of RTB Event

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Blockchain Conferences In San Francisco Highlight New Direction For Technology

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Led 29

SF Block Chain Conference by Lighthouse Partners to Feature More than Just Bitcoin

Source: bitcoin

Block Chain

The Block Chain Conference is a cryptocurrency agnostic conference. Rather than focusing on Bitcoin exclusively, the Block Chain conference focuses on “accelerating the development and deployment of blockchain based approaches by global businesses.”

Also read: Bitcoin Core Launches Social Media Presence

The Block Chain Conference: When and Where

Scheduled to take place on Wednesday, February 10th, 2016, the conference will be held at Mission Bay conference center, located on the campus of UCSF Mission Bay of San Francisco. Produced by Lighthouse Partners, Inc., “a business and technology consulting firm advising on positioning of innovative enterprise technologies,” the conference will feature Peter Harris as Conference Chair.

The Block Chain Conference will be held at UCSF

The conference is tailored for senior business innovation and product marketing executives, as well as senior technologists from companies deploying enterprise IT systems; this kind of people are the ones expected to attend. You must be 18 years or older to attend, without specific dispensation.

The highlight of the conference will come from IBM’s keynote, being delivered by Global Blockchain Offering Director John Wolpert, titled “How to Make Block Chain Real for Business.” Providing IMB’s point of view on the potential that block chain technology has, it will focus on the company’s collaboration with The Linux Foundation.

IBM will also be joined by likes of AlphaPoint, Gem, Overstock.com, and Wall Street Blockchain Alliance, just to name a few.

“A key mission of The Block Chain Conference is to educate business innovators and technology architects from companies deploying enterprise IT on the potential benefits and challenges of leveraging block chains, distributed ledgers and smart contracts, with lots of reality and zero hype. – Conference Chair Peter Harris”

16 additional presentations will be given in addition to the IBM keynote, with topics ranging from Bitcoin’s place in corporate and personal payment settings, Etherum involvement within Microsoft Azure, as well as Factom blockchain technology uses.

As Bitcoin and the block chain both become words that are spoken more often, it is good that we to see conferences like this one pop up with a focus on introducing new people to cryptocurrency technology, compared to conferences that focus solely on Bitcoin. If interested in signing up for the conference, the rate of the entrance is $495 online and $595 at the door.

Will you be attending? Which presentation are you most excited to hear about? Let us know in the comments below!


 

Images Courtesy of The Block Chain Conference.

The post SF Block Chain Conference by Lighthouse Partners to Feature More than Just Bitcoin appeared first on Bitcoinist.net.

SF Block Chain Conference by Lighthouse Partners to Feature More than Just Bitcoin

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