Blockchain technology Is set to revolutionize the concept of confidence in today’s digital world, but most are not aware of blockchain’s real abilities. Rather they are focused on Speculative aspect of blockchain symbols.
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To help clear up some of the misconceptions, ie. University School of Science and Technology, BSV Association (Bsva), and Gaten2chan Organized “rediscover blockchain” on January 21. This educational event was designed to reveal Blockchain’s real potential while giving examples of cases in reality.
“We are here in Madrid to talk to IE, which is the Instituto de Empresas, one of the leading business schools in Spain and which has a fantastic network of students that extend from companies listed in the Spanish stock market to the sitting government and others Types of academics, “Shared Event speaker Martin Coxall, Growth Director at BSVA.
“Our purpose is to bring the connection between the industry, companies and academia in all technology areas, and blockchain is one of them and actually data integrity … For us it is crucial to bring that innovation from the industry in the classroom. So that was the purpose of conducting this event today, “added Geoffroy Gerard, CEO of the IE Foundation.
Gate2chain, a software company that utilized distributed main book technologies (in particular BSV -Blockchain) to improve efficiency and reduce fraud, organized speakers and agenda during the day.
“We present different use cases with real customers who pay to use that technology, not to speculate on. So is good news for us and that is good news for the economy and generally for the ecosystem, “shared Bart Olivares, CEO of Gate2chain.
One of today’s presenters, Claudia Ojeda, director at Storyvalue.com, discussed blockchain-driven Digital Product Passport (DPP) And how they allow brands to build confidence with their customers through openness.
“I think it is very important to showcase the brands that are groundbreaking industry that use this technology because sometimes brands and people are kind of linked to the technology, so we have to use cases for real use to show them how important it is, “Said Ojeda.
While he was on stage, Ojeda Fashion Designer Sheila Escot, founder of Qosmic Brand, offered to join her. Qosmic uses DPPs through the StoryValue platform and enjoys the power and importance of DPP for the consumer.
“Qosmic is a very special brand because they produce accessories in grape leather, so we have to communicate these to the consumer. The consumer must see how the production process is for this type of different brands, ”added Ojeda.
Another presenter from the day was Thomas GiacomoHead of Payment for Teranode groupA newly formed supplier of payment, entertainment, digital signature and identity solutions run by BSV -Blockchain.
“We are here at IE mainly to provide educational content to try to provide transparency and visibility of what are the most important benefits of the technology, and on the payment page, blockchain technology can in principle add certain benefits in terms of cost, speed and efficiency, ” he said.
“We just want to be plumbing in the international payment system, which means that central banks can issue their form of digital currency called CBDC for the Central Bank’s digital currency, ”he added.
Giacomo also talked about StablecoinsExplains that they will be at the forefront of innovation because they are run by commercial and private companies compared to central banks, which are forced to move at a slower rate.
In addition to providing examples of cases in reality, hiding event speakers hides Common misconceptions about blockchain technology And clarified what is hype and what we should focus on in the long term.
“There is an absolute link between the prices in the exchange markets and the underlying value of the token,” explained event speaker Eva Pornas, Director of Education at BSVA.
“These underlying values are the basic values described by the protocol. So anyone who wants to know the value of a given protocol should read it and should be able to understand what is the use of this protocol in a business context that interests them, and that is the value of the token, ”she said.
Speaker Andrew Whitworth, founder of Global Policy Ltd, emphasized the importance of working within Rules around blockchainDespite how boring the subject can work.
“In my opinion, the policy is the basis for all technology and companies in the blockchain space because in principle, in terms of financing, the regulation creates the scope for the products to exist,” explained Whitworth.
“Not all blockchains are used for financial purposes, but they were the original use, and we have seen that most countries in the world have begun to regulate blockchain through financial regulation,” he said.
“And so it is critical to understand how financial regulation works, where obstacles are around it, all regulatory premises around what allows all different types of use cases for blockchain technology to develop and grow,” added Whitworth.
Between the presentations, several exciting announcements were made throughout the day, the first was Gate2chain’s appointment as blockchain partner for the Smartz4mil project, a smart, traceable, durable and connected dairy chain across Europe. The second is a Memorandum of Understanding (MOU) between Gate2chain and IE University School of Science and Technology, which means a relationship between the two units to give students blockchain event, research and student experience program.
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In addition to announcements, clarifications and use cases, the ongoing theme throughout the day was the need for a massively scalable blockchain to achieve all these visions. With his Teranode -upgrade Coming online this year, BSV blockchain protocol is the only network designed to handle global transactions on scale and guarantee confidence in our developing digital world.
See: Revive the real value of blockchain – usability
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