Blockshow Europe 2017: A Game Changer in Blockchain
As the highly anticipated Blockshow Europe 2017 approaches, excitement in the air is palpable. With over 500 attendees gathered in Munich from April 5-7, this event is set to showcase the latest innovations in the world of Blockchain technology. It’s not just about numbers; the event boasts 24 insightful speakers and 20+ exhibitors eager to present their groundbreaking ideas.
Marco Barulli’s Take on Blockchain Trends
We caught up with Marco Barulli, the co-founder of Bernstein Technologies GmbH, who will be speaking about using Blockchain for intellectual property management. Marco is a good guy to know as we delve deeper into the world of Blockchain; he’s seen it all, and he’s not afraid to dish out his wisdom. Recently, he shared some pretty fascinating comments concerning the landscape of Blockchain and its near future.
When will Blockchain be Ready for Prime Time?
Bain & Company’s study shows that financial firms believe Blockchain will change the game in three to five years. Marco, however, thinks we’re still in our early days with this young technology that needs a bit more aging before hitting the big league.
“Scalability of open Blockchains needs to be solved first,” Marco said, “and the lack of talent is slowing down progress.”
Are Blockchain Initiatives Going off the Rails?
Recent shifts, such as R3 Consortium distancing itself from typical Blockchain applications, have raised eyebrows. Are these consortiums genuinely pushing the technology forward, or are they simply jumping on a trend wagon? According to Marco:
“Many Blockchain initiatives lack the basic features that justify the use of the term Blockchain.”
China: A Possible Blockchain Powerhouse?
There’s a lot of chatter about China potentially becoming the next Blockchain hub. With Starbucks opening new branches fueled by convenient payments via platforms like Alipay, could this be a sign of bigger things to come? Marco suggests that, while the potential is there for Blockchain to thrive in China, the challenges remain.
Payment Problems in the Real World
“Bitcoin as a payment method is not ready for large markets,” Marco observed. Fees can be exorbitant, and transaction speeds are frustratingly unpredictable.
Private Blockchains: The Good, The Bad, and The Future
IBM’s bigwig Ginni Rometty has stated that Blockchain could outshine even AI in importance. But Marco believes there are significant structural limitations that need addressing. The solution? A blend of both private and public Blockchains.
Linking Blockchains Smartly
“We need to link private Blockchains run by consortiums with public ones to maximize efficiency,” he pointed out.
Intellectual Property Management: A Blockchain Opportunity
Blockchain’s immutable nature makes it a prime candidate for verifying identity. However, he emphasizes that governance issues remain the major hurdle. “We need to tackle governance challenges before we can talk about moving sensitive data like healthcare onto Blockchain,” Marco explained.
The Countdown to Blockshow Europe
As Blockshow Europe 2017 draws closer, there’s an undeniable opportunity for attendees to learn from industry leaders and witness the evolution of Blockchain firsthand. With Marco and an impressive lineup ready to share insights, this is one event you won’t want to miss!
Book your tickets now!
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