What was discussed at Blockchain & Bitcoin Conference in Kyiv?
On October 12, the Ukrainian capital hosted the fourth annual B2B conference and exhibition Blockchain & Bitcoin Conference Kiev. Three conference halls, over 40 exhibitors, and 1500 attendees made it the most large-scale event on cryptocurrencies in the country.
The event was held by Smile-Expo, organizer of Blockchain & Bitcoin Conference series throughout the world and creator of B2B events ICO Conference, dedicated to cryptocurrency crowdfunding.
The conference was divided in three sessions. Each one featured local and foreign blockchain enthusiasts, crypto traders, and business angels.
Special guest of the conference was the editor-at-large of TechCrunch Mike Butcher, influencer among IT media, columnist for Financial Times, Guardian, and Daily Telegraph, speaker of international technical forums.
He does not consider ICO as a panacea for startups but at the same time does not neglect its benefits. At the conference, he told how to ideally run a token sale from technical perspective, and highlighted the most promising countries to develop the blockchain technology: Singapore, Switzerland, Russia, and Ukraine.
Mike spoke at the session called ICO: practical experience (for the first time ever Blockchain & Bitcoin Conference Kiev 2017 offered a separate hall for attendees interested in the Initial Coin Offering). Expert on blockchain investments Alexey Antonov, that launched SONM startup, dwelled on ICOs in marketing for blockchain solutions.
Lawyer Nestor Dubnevich talked of subtleties of legal ICOs, and the head of the Technology and Integration Group Sergey Bondarenko focused attention on the token sale phenomenon.
The Finance, business, legislation session focused on the blockchain application in Fintech and Govtech, the development of e-commerce, legislative and business experience of specific countries in the handling of cryptocurrencies.
CEO of Cyber Fund Marina Guryeva specified the advantages of blockchain over traditional financial assets (transparency, verifiability, availability). She noted that as for October 11, 2017, Bitcoin market capitalization had grown by 412.5% (from $15.5 billion to $79.3 billion), and Ethereum market cap – by 3879% (from $723 million to $28.8 billion) compared to January of the same year.
Among the trends of blockchain economy, Marina marked out robots capable of running commodity-money operations.
Robots as economic entities were also mentioned by the expert of the Innovation and Development Fund (IDF) David Kiziria who spoke about the use of blockchain in the urban economics. He compared traditional state administration systems with the new distributed government services. According to him, DLT allows identifying citizens and civil relations, registering movable and real property, receiving social aid, and addressing departmental structures.
At the Developments session, speakers discussed the latest blockchain projects and the major challenges and tasks of the technical side of the technology.
Nikolai Bailo, blockchain developer, told about the role of smart contracts in decentralized relations and provided successful case studies based on them.
CTO of CoinGate Rytis Bieliauskas gave recommendations on the secure use of different blockchain wallets, whereas CEO of the fintech company Attic Lab Sergey Vasylchuk shared protection methods applied when handling ICOs.
Blockchain developers could evaluate the presentation delivered by Igor Leontyev, MVP Microsoft Azure. He talked of design tools, how to build off-chain relations, and elaborated on the case study of Renault–Nissan (creation of the blockchain book on auto service).
“We thank all sponsors, participants, and guests of the event. We are looking forward to seeing you at our upcoming blockchain event in Moscow (November 15-16),” highlighted the representatives of Smile-Expo, the organizer.