Takeaways from Blockchain Conference in Business 2020

Blockchain Conference in Business was held last Wednesday 2/12 as result of a collaboration between the Hellenic Blockchain Hub and Boussias Communications.

The feedback we received, as exhibited in a high Net Promoter Score for an online event (59), was very positive.

We had a stellar line-up of 23 guest speakers that maintained the interest of the audience for more than 7 hours.

More than 150 executives from various organizations of the private and public sector attended the event.

HBH will continue to activate the Greek ecosystem around this new technology as there is significant progress in the digital maturity levels in all sectors of the economy and European efforts intensify.

Some takeaways from my notes during the day:

· The cross-combination of industry and finance domains create totally new business models

· DLT is a GPT (General Purpose Technology)

· EMT (E-money Token) will be key for the future of crypto asset investing

· Main reason for having a digital Euro is the advent of the Machine Economy based on IoT

· Four major areas of DLT business models: smart contracts, securities, record keeping, digital currency & fraud detection

· What ERP is for one company, blockchain is for a network of enterprises

· We are still at the beginning of the curve towards mainstream and scalable use

· Scalability is still challenging since we need better automation, data governance and interoperability

· We need to take some gradual and solid steps to move forward

· Current roles of the energy sectors cannot be disrupted when transitioning into a new technology in the operating model

· Tokenization-as-a-service is here combining legal and tech aspects

· Smart city applications are numerous from identity and law enforcement to e-voting, land registry and mobility and mostly based on the token economy model

· More than 15 blockchain H2020 projects are current in progress in Greece, e.g. in energy, diplomas, e-voting etc

· Information silos need to be broken down in the digital age

· Supply chain offers one of the best fits for applications

· DeFi (Decentralized Finance) and CBDC (Central Bank Digital Currencies) are two of the most evolving areas

Photo taken from the closing Panel “Deep Dive: Public and private sectors leveraging DLT and what’s next by Hellenic Blockchain Hub” with our Board members Aggeliki Dedopoulou, George Panou and Marinos Xynarianos and the Head of Software Development Department at ASEP Panagiotis Zarafidis, who brought an interesting perspective of how the public sector experiments with this new technology.

One behalf of Hellenic Blockchain Hub I would like to thank everyone that made this possible, especially Angeliki Korre from Boussias Communications and our key board member George Panou who made some top speaker references and connections.

See you in our next large-scale event!