potential future of blockchain technology

The conference, which discusses the state and future of the revolutionary blockchain technology, aims to provide a thorough understanding of blockchain technology by focusing on how to overcome implementation challenges, making the best of the opportunities and benefits of innovation and interference generated by this technology.

In this international conference discussed the extraordinary growth of "blockchain" beyond cryptocurrencies and peer to peer networks and no-trust-required transactions.
"As an irreversible registry for digital token transactions, blockchain is suitable for geospatial applications involving sensitive or public data, autonomous devices, and land ownership registration," said Dr. A Istamar, one of the keynote speakers who is also observer of Spatial Technologist, Dr A Istamar who is also CEO of PT Esri Indonesia.

According to Istamar, public data such as road maps, parcels, terrain models, or marine maps, are publicly available without a central hub that can provide data gaps. In addition to other advantages is the public record can be overcome changes and contributions of unauthorized parties.

"One of the countries that has launched blockchain for the efficiency of public services is Dubai, with its smart city program," Istamar said.
Istamar also said that in the increasing adoption of Internet of Things (loT), blockchain will allow autonomous devices to negotiate and communicate directly with each other. Like the unmanned aircraft negotiating the use of air space. Or a self-contained steering car that sits for its own road, parking or street use.

"In blockchain cadastre (land ownership) allows registered ownership on blockchain, can be verified directly by sellers and buyers without going through a lengthy administrative process," Blockchains technology is growing rapidly and it would be wise for business actors to keep abreast of this unique technology development.

The Esri Center is in Redlands, California. Esri products have 40.7% market. In 2014 Esri controls 43% of GIS software market worldwide.
There is also a blockchain conference held by Knowledge Hut, a company engaged in the empowerment capabilities of professionals who have offices in the USA, Australia, UK, Singapore, Canada, New Zealand, and India..