BlockShow

Why You Can’t Miss BlockShow Asia

BlockShow Asia 2017 powered by Cointelegraph is one of the largest platforms for showcasing Blockchain solutions, bringing the hottest startups, ICOs and unconventional sensations. The event will take place November 29–30, 2017 in Singapore — a prime global business hub and country which has taken many steps to implement Blockchain technology.

Here are some reasons to participate at BlockShow Asia for anyone interested in the Blockchain.

Investments

As an international platform, BlockShow attracts plenty of investors, venture funds and entrepreneurs from all over the world who are searching for new projects and business perspectives. Thus participants enjoy a unique opportunity to grow their companies and attract new clients.

The most crucial and exciting part of BlockShow Asia 2017 is going to be ICOscar, a competition where the most innovative and promising startups will compete for the prize of $20,000 (and counting) and full assistance from our sponsor Waves in holding a successful ICO.

ICOscar won’t be the only ICO-focused element of BlockShow Asia. The event team is also partnering with ICO-Hypethon, a unique event-festival created by CryptoFriends, to set up the ICO Dealzone — a unique space in the framework of BlockShow Asia, where every participant and explorer will get the opportunity to meet the most far-reaching projects, witness the ICOs launching one by one in real time, as well as support them by purchasing offered tokens.

The event provides a platform for businesses to reveal their new products, get feedback on their new solutions and share their thoughts in a panel discussion and on the stage.

BlockShow sensations

BlockShow Asia will unveil 1,000+ attendees, 50+ speakers, 40+ exhibitors along with many startups, companies from across the globe, and much more.

The program will be packed with showcases, exhibitions, a competition and truly inspiring environment to launch new products as well as ICO campaigns.

Key industry players, as well as some of the most influential Blockchain personalities, will provide detailed insights on how Blockchain is being implemented in different parts of the world and what significant impact it already brought the global market.

The impressive Llew Claasen, Venture Capitalist and the Executive Director of Bitcoin Foundation, is a confirmed advisor. He will be joined by Alexander Ivanov, Founder and CEO of Waves, which has raised $17 mln during the crowdfunding round for his new project. They will not be alone with Susanne Tarkowski, Founder of Bitnation joining as an advisor as well, along with many more Blockchain professionals to provide their expert opinion.

The variety of speakers will provide real insights on the Blockchain technology and how it can be implemented in business. Simon Dixon, CEO & Co-founder at BnkToTheFuture will be in attendance, along with Patrice Choong, ‎Director of Innovation & Entrepreneurship at Ngee Ann Polytechnic, Marcelo Garsia Casil, Founder and CEO at DXMarkets, Leif-Nissen Lundbæk, CEO of XAIN. This is just a small part of the top BlockShow Asia speakers as there will be 50+ top industry names and players informing about the Blockchain and all its future potential.

The conference is a Show after all, so apart from top Blockchain influencers BlockShow is going to bring together the ecosystem’s most trusted opinion leaders and media personalities (a popular YouTube vlogger Ameer Rosic has recently joined the event). At BlockShow Asia, you will not only see them partaking discussions or moderating panels, but also have a chance to meet them in person at the special Media corner during the event.

Of course, in addition to an informative event there will be plenty of entertainment with musical guests, local foods and culture. The team is dedicated to creating an atmosphere inducing a good mood, inspiration and passion for the Blockchain!

We look forward to seeing you there!

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Future of Blockchain Making Life Easier

The Blockchain has already brought more convenience to everyday life. With the constant evolution of the technology, there are many more industries turning to the Blockchain looking for new ways to enhance life. This article will explore how the Blockchain can help prolong lifespan, improve the environment, food industry and be used as facial recognition in the future.

Prolonging lifespan with Blockchain

Everyone is looking for a way to increase longevity and slow down the aging process. Now longevity and the Blockchain are coming together. Elizabeth Parrish, CEO of Bioviva USA Inc. became the first human being to be successfully invigorated by gene therapy after her own company’s experimental treatments reversed 20 years of normal telomere shortening. BioViva further plans to make healthy longevity available to everyone. Now Elizabeth Parrish has announced that BioViva will implement a crowdfunding campaign using the Waves platform. Additionally, the company also plans to expand opening an office in Moscow.

Elizabeth Parrish is confident that their partnership will accelerate their success stating:

“BioViva will become the first biotech company to issue shares on the base of Blockchain technology. The partnership of BioViva and Waves is an important statement. This approach is not about the amount of attracted investments; instead it is a prescient example of implementation. Our joint success will create a positive example for other biotech companies and will have beneficial impact on the future development of the whole Longevity Industry. ”

Through the help of Waves platform and the Blockchain the company will be one step closer to provide longevity and longer life to the world in the future.

Blockchain aiding the environment

Energy companies have turned to using Blockchain technology to reduce waste. Particularly Electron in the United Kingdom and Singapore Power Group have already started to do so. The Blockchain can help in recording energy flow and pinpoint where distribution or storage could be more efficient. Electron plans to implement Ethereum Blockchain-based applications to register and manage energy consumption.

Singapore Power Group has announced they will form a new consortium of global energy players joining forces to develop Blockchain solutions. The company believes that Blockchain technology can transform the energy sector by lowering transaction costs thus reducing the cost of utility bills.

May Liew, Strategic Development Director at Singapore Power Group states:

“We are working towards transformational solutions to serve customers better, as we transition towards a cleaner, more resilient and cost-effective energy future. We look forward to working with respected industry partners to accelerate the deployment of Blockchain to help our consumers save energy and cost, and enhance their quality of life.”

Additionally, IBM has developed the world’s first Blockchain-based ‘green asset management platform’ in China to reduce emissions. The platform based on Hyperledger Fabric allows enterprises to generate carbon assets more efficiently, helping to build a green, low-carbon and environmentally friendly future in China. These Blockchain implementations will decrease energy emissions in the future providing the world with sustainable development and bettering the welfare of our environment.

Blockchain in the food industry

Although food is vital to life, it can also be harmful leading to foodborne illnesses. Companies have now turned to exploring Blockchain to solve issues in the food system. The main problem in the process of getting food from a grower to the dinner table are intermediaries. There are multiple intermediaries including food suppliers, processors, brokers, retailers, logistics and regulators. Data sharing of the information between parties is often incomplete and limited to groups that have direct contact. Often enough recalls of products aren’t issued quickly enough and consumers are increasingly craving more transparency in the food industry.

The Blockchain can aid in tracking food products. For food producers, the Blockchain allows the easier recognition of food tampering: as it moves through the supply chain, it can immediately be identified and prevented before the food ever reaches the retailer. And in turn for the retailers potentially harmful food products won’t make it onto the shelves because Blockchain technology will allow easy identification of spoiled products eliminating recalls altogether. Blockchain implementation brings transparency to the consumers reassuring that the food matches with what is advertised on the label.

Jorge Izquierdo, VP of market development for the Packaging Machinery Manufacturers Institute (P.M.M.I.) commented:

“With Blockchain you have a birth certificate for every product and almost a resume. It tells everyone in the supply chain who has done what to an individual product. It’s like a pedigree for individual products and, in the future, the amount of information you are going to be able to get is really amazing.”

To date, the biggest Blockchain test project in the industry is a partnership between IBM and Walmart to track pork products in China. The goal is to trace the meat from start to finish: from producers to distributors, grocers and consumers. The aim of the project is to increase transparency and avoid foodborne illnesses in the food industry. Blockchain could indeed simplify by ensuring the safety of daily food intake and purchase in the future.

Travel with Blockchain

Blockchain has made its debut through ShoCard an online digital ID system built on top of the Blockchain. The project is focused on combining mobile and security, while still providing a convenient digital ID management solution anyone can use. ShoCard technology has even been recognized in the airline industry and has partnered with the Swiss based airline SITA. The new app works by hashing passenger’s ID documents and facial biometric data on the Bitcoin Blockchain. This results in a “Single Travel Token” that can be used by airport officials to authenticate the passenger’s identity.

Jim Peters, CTO at SITA, explained that the Blockchain has the potential to eliminate the need for centralized identity storage:

“Blockchain technology offers us the potential to provide a new way of using biometrics. It could enable biometrics to be used across borders, and at all airports, without the passenger’s details being stored by the various authorities. ShoCard has worked with us to demonstrate how we could make this a reality.”

The Blockchain can revolutionize the future of air travel allowing convenience for travelers and the security of knowing who is passing through each airport worldwide.

Blockchain facial recognition

In China, many people have turned to alternative payment methods. They have grown accustomed to online wallets and cryptocurrencies but now an even bigger step has been taken. New technology has been created that allows paying with your face.

The revolutionary technology is called Face++. The program lets users upload their photos to the system after which it integrates facial biometric data tracking up to 83 different key points on the face from various angles simultaneously. The identity verification is quick with very high precision.  The technology is already being implemented in AliPay’s smile to pay application.

Face++ can improve financial security of individuals, but it offers not only that. The application can analyze age, race and identify emotional expressions all based on the photo. With these added features the Chinese government has used the Face++ software to identify criminals from video surveillance.  This method has been proven to be more accurate than fingerprint analysis or simply sifting through photos. Although the technology was not created for security reasons, it can also enhance the security field. Face++  provides convenience and ensures that no one can hack your identity in the future.

The Blockchain has been used by companies and startups to find ways to make our lives easier. The technology opens the door for enhanced security, reduce energy emissions, crime reduction and much more in a variety of different industries. It is important to keep up with the Blockchain evolution as it provides unique ways to improve the world. The technology of the future is the Blockchain, and further development is essential to shape a better quality of life for everyone.

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BlockShow by Cointelegraph proudly invites you to the best Blockchain MeetUp Journey ever!

The BlockShow team will be going on a unique road trip through Asia and India looking for the most talented and innovative startups involved with the Blockchain. We have organized a sensational series of five meetups. BlockShow MeetUps are the place to be for the unique and hip startups, investors, business owners, as well Blockchain and Bitcoin enthusiasts. Anyone who has a passion for Blockchain, cryptocurrencies and ICO’s should not miss these events.

We have designed the BlockShow MeetUp to be a friendly Blockchain event, filled with festivities, food, music and most important of all networking. This cool event will help keep up with the ever-changing world of the Blockchain.

Learn the art of Blockshow Meetup networking. We welcome you to socialize, compete and connect in a fun and casual atmosphere with like-minded people.

Why participate?

All these meetups is a chance for your startup dreams to become a reality! BlockShow Asia will have an ICOscar. We are traveling to all these countries to find the most exciting innovative projects, and 6-10 startups that are the most intriguing will be invited to participate in our main event in Singapore Nov. 29-30, 2017. The grand prize will be worth $20,000 and counting. Even more impressing is that Waves and Qtum will be there, sponsoring and supporting the projects, which is remarkable in itself.

Don’t miss your chance to get your pitch and project to us. The winners of our last competition were none other than Bancor and Status! Clearly, the competition has benefited them as they have successfully gathered more than $200 mln through ICO’s. We always choose the best!

If you are simply a Blockchain enthusiast or an investor our BlockShow MeetUp is the perfect choice for you as well. Join us for networking, ICO’s, smart Blockchain talks, great food, music and and an unforgettable after party. Our event will leave you with inspiration, a good mood and simply cannot be missed!

The itinerary

The BlockShow MeetUp adventure will kick off at Kuala Lampur, Singapore on Sept. 8, 2017, at The Row KL. Then the team will travel to Shanghai China, Sept. 17, 2017, at Naked Hub@Loushanguan Lu, followed by Hong Kong, China, Sept. 20, 2017, where you can find us at ESPACE. After the round in China, the next stop will be Singapore on Sept. 28, 2017, at the world’s largest fintech hub Lattice80. The last but not least destination will be in New Delhi India around Oct. 5-6, 2017.

Our partners

We are extremely fortunate to introduce you to our quality partners all over the globe.

In Hong Kong we have received plenty of support from our close partners Blockchain Startups Hong Kong, which is a meetup group for Blockchain startups, entrepreneurs and investors, as well as Bitcoin HK. Invest HK have been remarkable sponsors providing us with great insight on the fintech hub and potential of the industry.

In Shanghai we are also working with YOYOW a Blockchain-based social media platform, Energy Blockchain Labs, a green financial service platform based on the Blockchain and Metaverse. Working with them has given us a real insight into the Blockchain world in China.

In Singapore and Malaysia we have been closely working with our partner Access. Access promotes and protects the use and development of digital currencies and Blockchain technologies. Their unique expertise in Singapore has added valuable insider knowledge, enhancing the education and open dialogue spirit of our conference. Additionally, we have the pleasure of partnering with Ethereum Singapore and Blockchain startups Singapore.

In Kuala Lumpur our co-organizer BloxTex has been empowering the Blockchain community already. Their experience in hosting previous conferences on the Blockchain technology has made it a pleasure to work with them as we have a similar mindset strive to bring bring the Blockchain revolution to Asia. Access Malaysia have also been working closely with us to organize this meetup. Us coming together provides as much insight into the top trends from top industry players in the Blockchain world and should not be missed!

Lastly in India our meetup is co-organized together with Everything Bitcoin, who love everything Bitcoin and Blockchain as much as we do!

Needless to say we are excited and grateful to work with all these amazing partners and of course our sponsors Waves, Qtum who have generously helped with all the meetups. Together we will bring you the best of the best, keeping you updated with the Blockchain revolution.  

Why these countries?

No matter what meetup you join us on all the countries we will visit have a remarkable chance for getting involved in the Blockchain,

We will be traveling to Kuala Lumpur, Malaysia as there is potential for a huge Blockchain boom there. Our co-organizers for this event Bloktex Sdn Bhd who have a Blockchain initiative backed by the Malaysian government and the United Nations are eager to spearhead a decisive step forward for Blockchain implementation in Malaysia. They are as excited as us to see the talented startups provide their unique ideas and excel Blockchain in Malaysia. Together and possibly with your help, we can revolutionize the Blockchain industry in Malaysia.

Shanghai is the place to be as China has been a major influencer in the Bitcoin industry being the destination where Bitcoin gained popularity. We are also inspired by Shanghai because it aims to be the leader of Blockchain research and regulation. If you have grand ideas for Blockchain innovation or want to find out more about how you can impact the financial industry, the legal community in Shanghai, you cannot miss this event!

We believe Hong Kong is an ideal location for the MeetUp as China already has 20 Bitcoin companies with 800,000 users consisting of around 70 percent the global trading volume. Needless to say, we are not alone in our thinking for Hong Kong being the place to be. Charles d’Haussy, the Head of Fintech at Invest Hong Kong (InvestHK) was in line with our beliefs:

“Hong Kong has all the ingredients to be the global and regional fintech hub. It is one of the international financial centers, the freest economy, rule of law, large talent pool, a strong legacy of trade and work ethic.”

Singapore is the Blockchain startup community that is very promising. The country already features some of the most interesting Blockchain startups that have made a significant impact in the Blockchain world. If you have a startup that can make the world easier or save the world through the Blockchain, Singapore is the place for you to bring your ideas. Meeting us in Singapore will allow you to find the support you need to launch your startup, it is one of the gems of the global financial industries, innovations and technology that will bring your brilliant idea to life. You cannot miss our MeetUp there!

Lastly, India has shown a remarkable rise for Blockchain tech globally. The margin of 40 percent growth in demand has led India to emerge as a leading talent pool of Blockchain talent. In fact, 56 percent of companies that were surveyed by PwC stated that Blockchain is a key feature of their innovative strategy. Harmeet Singh Monga, chief business officer at BlockSmiths, wrote in a statement:

“We strongly believe that India has the potential to lead the Blockchain revolution in the South East Asian region and help businesses from various industries become highly streamlined and efficient by adopting Blockchain.”

The BlockShow team agrees, and we are excited to come to India as we believe that Blockchain technology is the coolest thing in Indian finance.

Want to join this one of a kind event?

Hurry to registration! The first 100 tickets are free, all backed by our sponsors. Regular prices after this giveaway are $300 so don’t miss this fantastic deal!

Be the first ones to join this special event. We look forward to meeting you!

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The Blockchain is being implemented in many companies recently promising lots of potential, but at the end of the day, many projects do not get past the production stage. Current use cases being implemented are related to land title systems, trade finance and a variety of settlements or payments. However many of these projects can be successful without the use of the Blockchain, or the company is using too narrow of a prototype in implementation for the project to succeed.

Many companies are using decentralized or distributed architecture, but enterprises looking to use the Blockchain in daily business should keep in mind a few basic rules to avoid common mistakes implementing the Blockchain. Check out the basic ways companies hit pitfalls when implementing the Blockchain in business and how to avoid them.

1.     Misunderstanding or ignoring the purpose of Blockchain technology

Companies enter in a Blockchain project as it is trending to do so, it is important to take the core intention of Blockchain in mind when creating a project implementing the Blockchain. In order to get the most benefit from the Blockchain, the technology must add trust to an untrusted environment. Connor Svensson, founder of blk.io, a  provider of enterprise Blockchain platform based on Ethereum believes the privacy implications of the Blockchain are significant. He stated:

“We currently live in a world where companies have become custodians of personal data. Public Blockchains allow individuals to have a secure trusted identity, where they can control how much information about themselves to make available to others. This enables you to control what information you are willing to share with other parties, helping retain control over your information.”

Accordingly, businesses should identify the trusted and untrusted areas related to their business and then apply the Blockchain to the vulnerable areas.

2. Assuming that current technology is ready for production use

Some enterprises are ensuring Blockchain as a mature technology; however, only Bitcoin and Ethereum are proven at any kind of scale. Although businesses are implementing many different Blockchain platform technologies, Gartner predicts that 90 percent of enterprise Blockchain projects launched in 2016 and the first half of 2017 will meet a premature end within 24 months. Currently, multi ledger experimentation and proofs of concept based on “test and learn” outcomes are the way to go.

3.     Confusing future Blockchain technology with the present-day generation

It is important for businesses to make sure that their plan for Blockchain correlates with the evolving capabilities of the technology and maturity of it. As of now, the Blockchain is limited in scope and cannot be enabled in a regional or global scale platform economy. Many influencers have formed opinions on the potential uses of the evolving Blockchain. Perianne Boring, founder and president of the Chamber of Digital Commerce, was asked if she thinks Blockchains value has been fully tapped. She responded:

“Absolutely not, we’re just getting started. Much R&D is needed to realize the potential of Blockchain technology and find more synergies, efficiencies, and uses. Governments, academic institutions, enterprises, NGOs — all should be investing resources into the Blockchain.”   

4. Confusing a limited, foundation-level protocol with a complete business solution

Blockchain may not always live up to the hype. What is available and what is promised may not always match. The Blockchain still needs to evolve from a foundational level to a full application stack or solution. CIO’s should view the Blockchain portion to be less than five percent of the total project development effort.

5. Viewing Blockchain technology purely as a database or storage mechanism

The Blockchain offers limited data management capabilities in exchange for a decentralized service, as well as a way to avoid trusting a single central organization. It is essential to understand that a distributed ledger is not a distributed management system. IBM’s Jerry Cuomo believes that using Blockchain to replaces a distributed database is a terrible idea. Businesses should determine if Blockchain is a good solution for them and how it will be relevant to their information management needs. Dawn Newton, co-founder and COO of Netki, a Blockchain solutions provider focused on digital identity and regulatory compliance, suggests that strategic analysis should be done to determine what is the right Blockchain, the right project, the right team and the right partners to ensure that the chosen endeavor successfully goes to market.

6.     Assuming interoperability among ledgers and platforms that don’t exist yet

Blockchain technologies are still in the development stage and lack specific technology models to provide a road map for businesses. Blockchain standards do not exist yet meaning that aside from assuming potential interoperability at the most basic levels, companies should be cautious about interoperability discussions and take it with a grain of salt. Interoperability can’t yet be assured despite the fact that there are multiple competing suppliers out there. There could be integration challenges between Blockchain technologies and legacy environments.

7. Assuming that today’s leading platforms will still be dominant tomorrow

Businesses should not assume that Blockchain will offer longevity on their project. The most effective technology hasn’t even been created yet. Blockchain is constantly evolving both in technology and application. Thus it is important to keep up with new application be sure that it is the perfect fit for your business needs. While Blockchain options may offer a solution, it should be considered as a short-term option on an experimental basis.   

8.     Assuming that smart contract technology is a solved problem

While smart contracts, which are computer protocols facilitating and enforcing contracts, have the potential to enable the programmable economy, at the moment they still lack scalability, auditability, manageability and verifiability. There is also a lack of legal framework in existence for their application. It is important to be cautious while using smart contracts in business. Enterprises should ensure that the legal team provides policy and operational risk oversight through the process.

9.     Ignoring funding and governance issues for a peer-to-peer distributed network

Blockchain may seem less expensive than other options, but the costs will still be significant particularly supplementing legacy systems. Who will pay for what when there are multiple parties still remains unanswered. Additionally, the Blockchain raises many questions about governance, political, societal and organizational issues and could bring significant extra costs to businesses. According to Tapscott Group CEO Don Tapscott:

“The biggest problems, though, have to do with governance. Any controversy that you read about today is going to revolve around these governance issues. This new community is in its infancy. Unlike the Internet, which has a sophisticated governance ecosystem, the whole world of Blockchain and digital currencies is the Wild West.”

Companies should consider all possible scenarios and plan in advance.

10.  Failure to incorporate a learning process

We’re having Tatiana Moroz as a guest in our new format with our host, Addy Crezee from Cointelegraph. Join us LIVE: https://youtu.be/_jbFRPSwMvk