Blockchain 2016: Results of Prague Conference

May 28, 2016 - storage organizer


On May 19, 2016 Blockchain Bitcoin Conference Prague – a second annual discussion dedicated to cryptocurrency and blockchain record took place in a Czech Republic. In 2016 to a discussion former name (Bitcoin Conference) a word ‘Blockchain’ was added, given it is information structure blocks that developers, investors and financial institutions have focused on.

Disclaimer: This is a press release. Bitcoinist is not obliged for this firm’s products and/or services.

What Happened during a Prague Blockchain 2016 Conference?

Prague Blockchain Conference

The discussion was divided into 3 parts, dedicated to cryptocurrency trends, innovations and unsentimental doing of blockchain.

Besides a discussion there was exhibition area, presenting financial and technical products, designed to facilitate business operations and urge use peculiarity from clients’ perspective. These solutions are:

– Bitwala use for bank transfers regulating Bitcoins;

– HashCoins hardware and program for mining;

– 7Elephant use for business operations formed on blockchain;

– Wirex – Personal financial platform;

– Tom Horn Gaming program for gaming;

– Nanocard withdraw card;

– CoinsBank products.

12 speakers from 8 countries lonesome issues that were sharp-witted discussed in 2016 by blockchain community. Various blockchain systems outward a context of cryptocurrency were in a high light of a conference. Taken into comment were not usually Bitcoin-based blockchains, though also Ethereum-based blockchains that are gaining recognition rapidly.

An critical partial of a eventuality was a focus duty of blockchains: member of financial and IT attention changed over a speculation and presented services that will facilitate lives of finish customers.

Ronny Boesing (CEO CoinsBank, Denmark) spoke about a benefits of decentralized technologies, including their clarity and integrity. The orator gave an instance of company’s coherence during a inhabitant markets: CoinsBank products are blending to legislations and banking systems of opposite countries.

A minute news on investment in Bitcoins was presented by Jack Tatar (businessman, conduct of GEM Research Solutions People Tested Media Research Company, USA). Audience perceived answers to their questions about risks of investing and how to strengthen yourself when investing in cryptocurrency.

Security issues, accepted for transaction participants were lonesome by Pavel Niedoba (owner of SimpleCoin, Czech Republic). He spoke about a many common schemes of hidden bitcoins out of electronic wallets and gave recommendation on how to keep your assets safe.

George Basiladze (founder of Cryptopay, Russia/UK) presented a news about a destiny of cross-border payments in Bitcoins. Speed and low transaction costs minister to a fact that a series of cross-border payments done in this cryptocurrency will grow rapidly.

Using a instance of their company, Edgar Bers and Vitali Pavlov (representatives of HashCoins, Estonia) gave a step by step reason of how blockchain works. The association is building hardware and program for mining, permitting users to cave cryptocurrency though endless believe of it.

Sergey Primachik (representative of 7Elephant, Russia) presented his prophesy of advantages and disadvantages of Ethereum exemplified by a implemented project. Sergey presented his subject not on a interest of developers, though discussed services from a business perspective. Audience schooled about a problems that Ethereum-based plan clients faced with.

Meinhard Benn (CEO SatoshiPay, Germany) spoke about business prospects, non-stop by nanopayments in bitcoins – exchange equal to one cent or even less. Conference participants schooled about advantages of a use that provides present send of supports and high magnitude of transactions. Users are means to compensate in one-click (or automatically) for usually that unequivocally partial of calm that is unequivocally engaging for them.

Global changes that will be done by blockchain were discussed within a display of Amin Rafiee (Bination, Australia). The orator stressed that a record will lead to a unpractical restructure of law, government and other fields.

Pavel Matveev (founder of Wirex Limited, Russia) explained how to mix card infrastructure and Bitcoin. Until a day comes when people are means to compensate all products and services with digital money, Bitcoin stays a niche product, a categorical design of that is to move together cryptocurrency and credit cards.

Bharath Rao (CEO Coinpit Inc, USA) spoke about how to secure transactions and storage of digital income from cybercriminals. He gave recommendation on how to keep protected personal information on a network.

Organizer of a event, Smile Expo muster company, would like to demonstrate a thankfulness to all guests, sponsors and partners.

The subsequent eventuality on blockchain and cryptocurrency will be Blockchain Bitcoin Conference Kiev. The discussion will be hold in a Ukrainian collateral on Sep 22, 2016.

Plan your revisit to Kiev! We will plead a many applicable issues for IT specialists and entrepreneurs operative with blockchain and cryptocurrency.

Images pleasantness of Blockchain and Bitcoin Conference Prague, Telecodays.

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