It’s the third and final day of the London Blockchain Conference – the biggest blockchain and web3 event of the year. The London Blockchain Conference is the premier event dedicated to exploring the transformative impact of blockchain technology in our world.
The third and final day might have been shorter than the first two days but it was still jam-packed with exciting panels and presentations which featured cutting-edge ideas and insights.
Below is a recap of some of the major technical discussions on the third day. Video highlights will be available at a later date with a full recap of every panel and presentation to follow.
BSV Association launches new report
BSV Association launched a new report focusing on the role of blockchain in safeguarding data and streamlining transactions.
The BSV blockchain’s innovative features give it the ability to support at least 1 million transactions per second, more than any other financial network. And as the number of transactions rises, the cost per transaction goes down – a feature unique to BSV. BSV blockchain gives your enterprise a leg-up over competitors.
Using it, your enterprise can more readily profit from new sources of revenue, reduce operating costs, and more swiftly incorporate new technologies—with complete confidence in your operations and transactions, while facilitating regulatory compliance. You’ll rest assured, knowing that your company can use and share its data as well as that of your business partners and customers with complete and utter trust.
The Intersection of Web3, AI, and emerging tech
Tech philosopher and entrepreneur Somi Arian gave the opening keynote on day three as she explored the dynamic convergence of Web3, Artificial Intelligence, and emerging technologies.
As part of the keynote, she delved into how these technologies are reshaping industries and redefining the boundaries of innovation. Looking forward into the future, Somi also discussed the potential impacts and opportunities these technologies present, drawing on her extensive experience at the nexus of tech development and business strategy.
Bridging the gap: Making Web3 technologies user-friendly
In the rapidly evolving landscape of digital innovation, Web3 technologies are heralding a new era of decentralisation, empowering users with greater control over their data and digital assets.
However, there are also challenges in making this shift, explained Christine Leong in her keynote presentation. She noted that it is vitally important to ensure that these ground-breaking technologies are accessible and intuitive for all.
Leong discusses some of the innovative strategies and practical solutions aimed at simplifying Web3 technologies. She also discussed how nChain is planning to transform Web3 from a domain exclusive to the tech-savvy, into a user-friendly ecosystem that empowers all users.
Is code law? – Rules applicable to blockchain networks
- Marcin Zarakowski (CEO of Token Recovery)
- Akber Datoo (CEO of D2 Legal Technology)
- Jeffrey Golden (King’s Counsel (Hon) at 3 Hare Court Chambers)
- Andrei Kirilenko (Professor of Finance at Cambridge Judge Business School)
- Professor Sarah Green (Law Commissioner at Law Commission)
Blockchain networks are the backbone for smart contracts, tokenisation, and dApps, and serve as infrastructure for multiple use cases utilising the potential of blockchain technology. But how are they governed?
This panel discussed that rules apply to the nodes and validators which support the particular network and process its transactions. The group also discussed whether the blockchain protocols’ rules and software code are the only sources of regulation in blockchain networks.
BSV Blockchain is pro-regulation and believes that the global adoption of blockchain technology requires enterprises and lawmakers to become comfortable with legal compliance by industry participants.
To ensure the development of a regulatory environment that both fosters lawful conduct and facilitates innovation, the Association regularly engages with leading policymakers to advise on the development of positive policy.
We believe that regulation provides clarity on legal obligations, encouraging compliance, good governance, and accountability. It also fosters innovation and market development by providing a clear legal framework, building trust, and attracting investment.
An Introduction to nChain Identity
In this session, the team at nChain talked about the Self Sovereignty Identity concept and showcased the latest project it is working on – nChain Identity.
nChain Identity is a verifiable digital credential solution that streamlines the issuance, management, and verification of credentials, enabling users to carry attestation about themselves on mobile devices while ensuring enhanced data security and privacy.
It does this by using the unique benefits of the BSV blockchain to provide a secure, immutable, and transparent method for signing and verifying documents. The team then provided a demo to give attendees a chance to learn about our key product features and how this can benefit your business.
nChain Identity forms part of nChain’s new product platform which was unveiled at the BSV Devcon on Monday. nChain’s Product Suite Platform (PSP) is a platform supporting the development, deployment and installation of Web3 infrastructure and applications in an easy-to-use manner.
There are approximately 27 million global developers, with just 20,000 of these developers working on web3 projects. This is due to several key issues including a growing skill gap, fragmented ecosystems and complex tooling. This needs to change if the technology is to be adopted in earnest.
The PSP solves this problem by acting as a one-stop shop for building web3 applications in a simple way. ‘We remove the complexity from web3 development by creating streamlined, user-friendly and intuitive tools that empower developers,’ said Moretti. ‘nChain’s PSP offers unparalleled flexibility in deployment, ensuring every organisation finds their perfect fit. Users can demo, test and deploy their own web3 applications without having to interact with intermediaries.’
Reimagining Roles: How regulated industry leaders are shaping the future of finance
- Andrew Mosson (Chief Commercial Officer of OneTrading)
- Néstor Palao (Head DLT & Corporate Clients at Sygnum Bank)
- Laurence Lewandowska (CFO/COO at BSV Association)
- Wojciech Kaszycki (Chairman & Founder at Mobilum)
In the final session of the conference, the panel discussed how the new era of digital assets, traditional banking institutions, exchanges, and financial services are being reimagined in the context of emerging technologies such as blockchain and AI.
The group aims to explore the pivotal role of digital asset banking, the challenges, and opportunities it presents, and how regulated industry leaders are shaping the future of finance. The discussion would target specifically the needs of institutional clients and how solutions are currently tailored for their needs (particularly to those wanting to enter the digital assets space).
