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Practical uses of Blockchain Technologies

Over 30 events are going on at the same time at Blockchain week. So significant is this event that the attendance doubled last year’s numbers and the international coverage was so extensive that it even included non-specialized media. These figures show the importance that society is currently giving to blockchain-based technologies.

The first day was hectic and exciting and the second day of the NY Consensus did not disappoint either. Even though many important topics were covered – so many that it was impossible to review them all – most of the conferences focused on one common point: the practical application that is being given to distributed ledger technologies.

2018 is proving that blockchain is much more than a promising technology, with many ongoing applications already generating positive results. Of course, this doesn’t even take into account the prospect of various new business ventures that will inevitably take off once the technology reaches a higher level of maturity.

The most exciting conferences, which focused on this topic, took place throughout the morning. The following is a summary of the most critical points that were discussed during the day.

Blockchain-Enabled Intellectual Property Management:

During this conversation, many questions were addressed regarding the legal framework that regulates intellectual property, and how the development of blockchain technologies can currently help governments and specialized companies to improve information management processes.

The conference was given by Linda Pawczuk (Deloitte), Michael Kruljac (Georgia-Pacific LLC), Tim Davies and Stephen MacKenzie (Koch Industries)

According to the panelists, companies are looking for ways to legitimately use blockchain technologies. Market analysis shows that at least 5.4 Trillion Dollars are traded in intellectual property values, meaning approximately 30% of revenue for the purchase of an asset subject to one of

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