Blockchance Europe 2021 brings scene together in Hamburg
The upcoming Blockchance Europe 2021 will be held as a 2G event to comply with COVID-19 related demands on hygiene from December 2-4, 2021 at the Chamber of Commerce in Hamburg. The conference is being held under the auspices of Dr Peter Tschentscher, Mayor of Hamburg, and will bring together stakeholders in business and society as well as investors and developers. Blockchain holds "enormous potential" for environmental and climate protection e.g., to track the sustainability of supply chains and CO2 emissions in manufacturing, according to study by the Wuppertal Institute for Climate, Environment and Energy, commissioned by the German Ministry of the Environment. Emphasis will also be on digital assets, artificial intelligence (AI) and possible applications for blockchain technology. More than 1,500 delegates and around 120 keynote speakers including Josph Lubin, founder of Ethereum, are expected, according to Fabian Friedrich, founder and CEO of Blockchance,
Blockchance Europe 2021 - from AI to Green Technology
"Regardless of the pandemic, inspiring pioneers from different fields such as finance, digital payments, crypto trading, AI and politics have signed up for the conference," said Friedrich. The first confirmed speakers include Michael Saylor, Bitcoin expert and CEO of Microstrategy, Lubin and investment strategist Raoul Pal, who has created a kind of "Netflix of Finance" with Real Vision. The conference also features panel discussions, workshops, creative sessions, IT courses, blockchain cinema and the presentation of a start-up award.
Only delegates, who are fully vaccinated or have recovered from COVID-19, will be admitted to the three-day conference. "Blockchance is one of the biggest events in the blockchain ecosystem this year. It is most important for us to be able to fully exploit the networking potential of our conference," said Friedrich. The conference will be streamed live to give everyone an opportunity to video chat with others.
Hamburg to become blockchain city
Hamburg is focusing on the technology of the future as part of its Regional Innovation Strategy (RIS): "The senate would like to promote the use of blockchain technology in important industries across Hamburg, for instance, the energy sector, logistics and manufacturing," said Michael Westhagemann, Senator of Economics, who will address the conference.
What is a blockchain?
A blockchain is a decentralised database in which a record of transactions made in bitcoin or another cryptocurrency is maintained across several computers that are linked in a peer-to-peer network. The database is expanded chronologically in a linear fashion, comparable to a chain to which new elements are constantly added. A new block is created as soon as one is complete. Each block contains a checksum of the previous block to protect the technology from manipulation.