More than 170 interested people gathered in mid-June at the Bucerius Law School in Hamburg for the very first DISTRIBUTE Blockchain conference. CHAINSTEP participated in the “hands-on” event as asponsor and lecturer at the premiere in the Hansestadt.
Managing Partner Frank Bolten opened the round of nearly 20 lectures after the keynote by organizer Tobias Worzyk. The main focus of his presentation (click here for charts) was the question of how production processes can be made safe and comprehensible using blockchains. 3D printing in particular offers fascinating possibilities, but also has many practical challenges. The SAMPL project, sponsored by the Federal Ministry of Economics and Technology, examines precisely these questions: What industrial product does the security feature require? The following video provides a first impression of how production data can be printed securely, on demand, faster and more cost-effectively using Ethereum.
Lucas Cremer presented his vision of blockchain use in the energy sector with METERIZE. Up to now, tenants have seen an oligopool made up of manufacturers and readers. In Germany, four companies dominate 80 percent of the market. With use of new technology like Blockchain instead, end users and producers could at any time directly exchange data and payments. In an intermediate step, Cremer wants to enable billing per house unit and then automatically allocating and settling the expenditures internally. After his lecture, the prototype received a fresh intake at the CHAINSTEP booth in the foyer by the visitors.
The successful conference premiere was rounded off by an intensive panel discussion. Prof. Dr. Philipp Sandner (Frankfurt School of Finance & Management), Dr. Michal Merz (Ponton) and Burkhard Blechschmidt (Cognizant) focused together with host Tobias Worzyk on the current domestic hurdles for fast and practical blockchain applications. On the one hand, companies would have little interest in abolishing existing cash-cows by means of the new technology. On the other hand, the German and European data protection with its “right to forget” is at odds with the unchangeability and transparency of Blockchain solutions.
Later that day it was announced that CHAINSTEP (together with other individuals and companies as founding members) will form a Blockchain association, which aims to get in touch with policy makers and politicians to prevent harmful legislation on the new technology.