by Lexi Willetts, published 14 November 2018.
LONDON — Last night saw a meet up of London blockchain talent, industry commentators and those simply curious. Hosted at London & Partners office, and overlooked by the iconic Shard building, I joined a panel to chat all things big dreams for blockchain. Our panel was moderated by enthusiatic Elliot Callender and joined by eloquent Outlier Ventures business development manager, Catherine Thomas.
Participation was key. Our audience were up and down, casting votes and opinions on their thoughts for blockchain. Well done Elliot, no chance for nodding off. It was an engaged discussion, part fuelled by the wit and occasional outbursts of City AM’s James Bowater, who kindly corrected the misinformed and educated the unaware.
Mooted topics: right now, we see blockchain building at pace, but there are huge opportunities for this technology to progress, including the need to scale and link chains for further growth. Coinweb sees itself as a leading LAYER 2 infrastructure project in this industry, completely focussed on creating a mainstream blockchain world of scalability, usability and security.
Projects with a genuine use case and a serious social impact appealed the most. The ‘decentralised identity’ project Sovrin was close to Catherine’s heart — the Sovrin Token is used to incentivise the identity ecosystem, apparently all trusted interactions, whether online or not, start with a series of verifiable claims around identity, and once in place allow for things like truly anonymous payments are possible. Sovrin approach identity as a collection of claims and in fact believe the proper way to look at at the establishment of online trust as a form of ‘claims exchange’.
Whislt in my camp, I do feel GoMama has a real chance to make a social difference to the underbanked. As a mobile banking and messaging platform they will allow millions of unbanked and underbanked people to inexpensively transfer money to friends and family, allowing cross-border money transfers, pay bills, and recharge mobile phones, all from the GoMama app. If you are aware of this space, remittances are expensive, averaging 7% cost of the overall transaction. This project is using Stellar’s blockchain to record and confirm all transactions that customers execute via the app.
That said, we did wonder if the real world truly needs to know more about blockchain? Do we all know how the internet works for instance? Doubtful. I definitely don’t. Most of us are happy enough to know that it lives on a laptop, is one tap of an app and works with intuitive ease.
Perhaps that’s the recipe for mass adoption of blockcahin — I can just use it, easily…
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Coinweb is a blockchain business on a mission to make blockchain more mainstream.
We create solutions to make the blockchain more personal, connected and scalable.
Coinweb has built a hyperlayer that seamlessly connect and creates interoperability between blockchains and a Coin Name System (CNS) that makes your wallet address as easy to use as an email address.