Early last week Insolar had the privilege of welcoming blockchain representatives from around the world to our home town of Zug for the Crypto Valley Conference. Later on in the week, we travelled to London for the Blockchain Summit. Both conferences provided us a chance to speak with organizations looking to implement distributed ledger technology, whether from the enterprise community or the public sector.
The conferences both allowed Insolar to hold discussions with a range of large and medium sized companies, focusing on our key areas, such as supply chain, transactive energy and collaborative contract management. We were able to advise on how the implementation of Insolar Blockchain Platform can solve the specific issue each firm has been having with the conventional systems they are currently using.
Let’s take a look at some of the highlights of the conferences.
Crypto Valley Conference 2019
Insolar Project Director, Wilfred Ruijsch (left), and Head of Innovation, Pavel Kirillov, on the main stage at the Crypto Valley Conference
We managed to speak with the blockchain research team of a Fortune 500 multinational. In our meeting we provided them with an in-depth technical lecture on our consensus mechanisms: one of the enablers of our near-linear scalability.
In meetings with a national rail service provider, we discussed the specific use-case of registering required skill-sets and medical certifications of engineers and construction workers. These certifications are legal prerequisites for employees to be allowed to execute activities on site. Currently this is done on paper documents which are difficult to manage and easily lost. The company wishes to use a system in which they register worker certificates to blockchain and link them to a specific employee and their entrance pass. As a result, only workers fully certified by the correct educational bodies are allowed onto a certain site. This is important for safety regulations: if an accident happens 10 years from now, the company is required to prove that people had the right certification. This can be difficult due to the use of conventional and paper-based means, a problem compounded by the use of subcontractors.
In our meetings with some of the technology firms we have already engaged with prior to the conference, we discussed how Insolar platform can be integrated further with their tech. Moreover, face-to-face meetings allowed us to get our message across and propose firms to evaluate our techpaper with the intention of implementing Insolar as an alternative blockchain platform on which to develop solutions.
Blockchain Summit London 2019
During the Blockchain Summit in London, Insolar co-founder Peter Fedchenkov gave a keynote speech on the Enterprise Blockchain Revolution. The ideas demonstrated in the presentation explained what enterprise clients need from blockchain and the technology’s application in the supply chain of data. The vision was welcomed by the audience and gave further talking points and topics for further deliberation.
At the conference we were able to speak to innovation specialists from a variety of industries from telecom to banking and more. They were mainly interested in the throughput of Insolar Blockchain Platform and how suh speeds are achievable. Moreover we got the chance to speak with a large British fruit grower with a global presence, explaining to them how blockchain can strengthen their supply chain and the data interactions which link it.
The conference was an ideal opportunity to share some of our product ideas such as for collaborative data exchange, in addition to highlight some of the Insolar Blockchain Platform’s unique features such as interoperability with conventional systems and other blockchains.
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