The Business of Blockchain
Date: Wednesday, July 18, 2018
Time: 6:00 PM to 9:00 PM
Venue: BlockchainSpace (Acceler8 - 111 Paseo de Roxas, Makati City)
At the next Makati Digital Currency Meetup, Let's discuss the various business cases as well as the opportunities for entrepreneurs who have the vision and the ability to harness the power of blockchain technology.
According to William Mougayar, author of the book "Business Blockchain", blockchain has both technical and business definitions.
From a business aspect, blockchain is "an exchange network for moving transactions, value, assets between peers, without the assistance of intermediaries." (Mougayar, 2016) Blockchains and other Distributed Ledger platforms (DLT) are the evolutionary and logical next phase of the internet technology currently embodied by the World Wide Web - a technology that will continue to massively influence the world, society and even business at exponential scale.
Among many things, one key innovation ushered by blockchain platforms is the development of novel scripting languages that can program business logic as smart contracts that are automatically enforced on the blockchain. Its implications are envisioned to lead to the creation of new business models that would incorporate some aspects of decentralization in certain systems and processes.
The good news for entrepreneurs is that it is not absolutely necessary to understand how blockchains operate on a technical level. As long as there is confidence on the security and reliability of the preferred network or platform, a business user can leverage blockchain and implement new ways of delivering products and services. "The blockchain will redefine the role of existing intermediaries while creating new intermediaries, therefore it will disrupt the traditional boundaries of value." (Mougayar, 2016)
Plenty to talk about, and certainly interesting insights from our invited -
Panelists:
Erica Valerio - Chief Business Development Officer, SCI
Aiai Garcia - Asia-Pacific Business Development Officer, ConsenSys
Arvie De Vera- Head of Fintech Business Group, Unionbank
Moderated by:
Rafael Padilla - Chief Legal Officer, SCI
We would like to thank our sponsors for this meetup:
- Blockchain Space (SCI and Acceler8)
- Citadax (https://citadax.com/)
Reminders:
Our community is rapidly growing. We need more volunteers and considerable resource to arrange for our meetups. If you wish to help, sponsor or contribute to this event, please contact our organizers ([email protected]).
This is a free event. No need to seek permission if you wish to attend although we need you to RSVP on this link:
https://www.meetup.com/Makati-Digital-Currency-Meetup/events/252402117/
Our open forum welcomes discussion of other topics not necessarily relevant to the announced theme. However, please allow the organizers opportunity to moderate the discussions.
the power of blockchain technology.
implications are envisioned to lead to the creation
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