Blockchain EXE Madrid | Industry 4.0: How Blockchain and AI shape our future?

Blockchain EXE Madrid | Industry 4.0: How Blockchain and AI shape our future?

After many successful events in Asia, Blockchain EXE held its inaugural European event in Madrid on 5th March at the Google Campus. Titled “Industry 4.0”, the event’s theme was discussing how blockchain and AI will shape the future.

As AI and blockchain grow in popularity, so do their audience. The event saw the auditorium filled to the brim with about 200 tech enthusiasts with various specialisations.

The event brought expert speakers together, including the likes of Blockchain technological expert of Telefonica R&D Alfonso de la Rocha, Japanese AI & blockchain technology company Couger’s CEO Atsushi Ishii, CLO of the social media fidelity management Jorge de los Reyes Martínez as well as the professor of “blockchain” at IE Business school Alexandre Bussutil. A quarter of the attendees were students, while the rest were representatives of start-ups, educational professionals, and experts in technologies such as AI and blockchain.

Blockchain EXE decided to host the first European event in Madrid because it has one of the world top business schools, IE Business School, and Google Campus, both of whom contribute to the city’s vibrant startup culture.

Spain also has a rapidly improving economy and it gives Blockchain EXE access to other Spanish speaking South American countries.

The event provided a great networking opportunity, as well as excellent learning points from the evening’s talks and discussions.

Alexandre Bussutil — CEO of B-SCALED, IE Business School Professor

Alexandre Bussutil — CEO of B-SCALED, IE Business School Professor

Once the registration and ice-breaking segment was completed, the evening’s scheduled presentation began. The first speaker was Alaxandre Bussutil, who spoke about the roles or energy and electricity in societies and how decentralised technologies can help to solve global challenges.

He focused on the fourth generation of industrial revolution and how it is leading to radical changes. Alexandre also shared mind-blowing statistics for the time technologies need to reach the first 50 million users.

“In the case of electricity, it took 46 years. In the case of the smartphone, it took 12 years, in the case of the iPod in the early 2000s, it took four years. For Pokémon Go, (released in 2016) it was 19 days,”

he explained.

Illustrations of how everything is speeding up and businesses are more often selling directly to customers instead of other businesses.

Atsushi Ishii — CEO of Couger, Leader of Connectome Project, creating Virtual Human Agent(VHA)

Atsushi Ishii — CEO of Couger

The next speaker will likely be a familiar face to Blockchain EXE and Connectome followers — Atsushi Ishii. He talked about the Connectome project and next-generation human-technology interfaces that combine AI, AR, and blockchain.

With the vision of moving towards a world where humans can trust AI, Connectome wants to create a virtual human agent (VHA). The technology interface has moved from computers to phones to smart speakers. The next step should be a human-like interface like a VHA.

Jorge de los Reyes Martínez, Asesor jurídico — Chief Legal Officer (CLO) of the Social Media Fidelity Management

Jorge de los Reyes Martínez, Asesor jurídico — Chief Legal Officer (CLO) of the Social Media Fidelity Management

Jorge de los Reyes Martínez shed light on blockchain solutions for professional and personal development in relation to the sustainable economy. He spoke about blockchain’s impact, particularly on creating better places to live, work and the Sustainable Development Goals (SDG).

With the catchphrase of “How to add value to the people with Blockchain”, he discussed some challenges that both the public and private sectors face.

Alfonso de la Rocha — Blockchain Expert at Telefonica R&D

Alfonso de la Rocha — Blockchain Expert at Telefonica R&D

Last but not least, the final talk by Alfonso de la Rocha covered self-sovereign digital identity. In the current day and age, anyone and everyone can go online and pretend to be someone that they’re not.

To him, the internet is broken. He addressed his internet identity problems like data and privacy and talked about using Sovereign’s Self Sovereign Digital Identity model as a solution.

Blockchain comes into the picture because your information is scattered all over the web and different apps. Alfonso believes that blockchain’s reliable and centralised system will help to store data better.

Discussion “Industry 4.0: How Blockchain and AI shape our future?

The panel of speakers then sat down to have a discussion with the audience about the topics.

They were first asked to share more about their countries’ developments. Alexandre talked about France’s focus on AI, the development of a new chip that mimics brain neurons, and he mentioned Singapore as a blockchain haven.

AI, blockchain, and cryptocurrency remain popular in Japan, Atsushi told the crowd. Everyone loves automated processes due to the convenience, but Japan is trying to combine AI and blockchain to create more reliable and innovative use cases.

Spain has strict regulations on blockchain, which makes interested parties gather to form small communities. But Jorge thinks that without proper legal framework for blockchain, there might not be big improvements. From the corporate point of view, Alfonso thinks that Spain’s blockchain scene will move from POCs to production systems.

What’s next?

With a community boasting over 100 AI experts and business people, Blockchain EXE aims to continue hosting meaningful discussions and learning events.

Writer : Carissa Wong