The Future of Blockchain

This month in our blog alongside NatWest we will be exploring blockchain: providing insight and comment into blockchain developments and future, news, and events.

2017 was hype. 2018 is about production. Companies busy raising money are now at work delivering.

Blockchain investment is also moving from the financial sector to others. Projects in Media, IOT, Cybersecurity, Fashion and Healthcare to name but a few are emerging. Some of these may choose to ICO, and some may not.

Blockchains are a foundational technology. They have the potential to impact the fundamental economic and social systems that our world revolves on. This isn’t going to happen overnight. Much as the Internet took 30 years from TCP/IP to World Wide Web, for blockchains to become ubiquitous in our lives is going to take time.

But it might not take as long as some think.

An interesting article about whether blockchain technology help users regain control of their information.

A look at the benefits of blockchain in the insurance industry, an industry which ‘requires the coordination and cooperation of many different intermediaries with different incentives’.

‘No matter how much blockchain improves it is still headed in the wrong direction’ — An interesting debate…

CryptoClaim is an Imperial College based Insurtech startup. They have engineered a solution to automate claims and improve fraud filtering for motor insurance, by combining the power of blockchain with Artificial Intelligence.

Dovetail is using blockchain to revolutionise the way healthcare records are shared. A series of encrypted data exchanges allows different parties to share a digital ledger across a network of computers, without the need for a central authority. These records are secure and immutable.

Refineryy is a UCL spinout working in collaboration with Consensys and UCL’s Centre for Blockchain Technology, to improve the European CRE/RE credit market.

Quant Network use Overledger — the first interoperable blockchain operating system, that facilitates internet-scale development of decentralised, multi-chain applications.

Wednesday 18th April, 18:00–21:00

As blockchains move from proof of concept to parallel production in the financial sector, attention is now moving to blockchain use cases in other industries.

Join us and UCL for an evening on innovative Distributed Ledger Technology (DLT) uses in a variety of industries, where we will talk about DLT innovation beyond cryptocurrencies and showcase the startups mentioned above.

Saturday 5th May, 10:00 — Sunday 6th May, 19:00

The winning project gets free office space near Shoreditch High Street, so is a great opportunity to get involved in.

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