BSV Wales ‘Bitcoin and Data’ meetup: How blockchain improves lives of people on national scale

BSV Wales held its first meetup of the yr, “Bitcoin and Data,” on March 30, that includes three audio system—Dr. Hossein Jahanshahloo from Cardiff University Business School, Dr. Imtiaz Khan from Cardiff Metropolitan University, and George Samuels the founder of Faiā.

Each speaker is working on a blockchain-based challenge, and one component that made the Bitcoin and Data meetup attention-grabbing was that none of the audio system had been constructing on the identical blockchain.

Dr. Jahanshahloo’s Cardiff University Bitcoin Database (CUBiD) lives on the BTC blockchain, Dr. Imtiaz Khan’s blockchain resolution leverages Ethereum sensible contracts, and George Samuels and the Tuvalu authorities are utilizing the Bitcoin SV (BSV) blockchain to unravel some of the nation’s issues.

The meet-up started with BSV Wales organizer Jack Davies laying out the agenda for the day and introducing every of the audio system on the schedule. Afterward, Dr. Jahanshahloo took the digital stage to speak about CUBiD and its use circumstances. CUBiD is a BTC-based device that takes the info inside the immutable chain of blocks and kinds it in ways in which people working in a range of industries, equivalent to accounting, analysis, academia, regulation, and finance would discover helpful. 

Dr. Khan gave a presentation titled, “Increasing Public Service Operational Efficiency with Blockchain Technology,” wherein he explored how blockchain can clear up some of the belief challenges that exist in relation to fraud detection, land registry, company tasks, knowledge interoperability, and many different public service operations.

George Samuels gave the final presentation of the day, “Blockchain in Tuvalu: Digital Immortality & Big Cultural Data (BCD).” Samuels gave the viewers perception into the challenge that his firm Faiā is working on with the Tuvalu government in collaboration with nChain and Elas Digital. Samuels described the obstacles that Tuvalu is dealing with particularly in regard to its geographical location and rising sea ranges. He went on to inform the viewers why the Tuvalu authorities was fascinated by utilizing blockchain and Bitcoin SV to unravel their points, together with points which can be derived from local weather change.

Samuels talks about why Tuvalu gravitated towards BSV against different blockchains, what Tuvalu is trying ahead to, and what the challenges seem like as Samuels and his crew work on the primary main authorities challenge on BSV.

Anyone fascinated by turning into a member of the BSV Wales meetup group also can observe BSV Wales on LinkedIn and Twitter to remain updated with their newest developments and to search out out when BSV Wales might be holding future occasions—proper now it seems to be like BSV Wales has three more events scheduled for 2021!

New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners part, the last word useful resource information to study extra about Bitcoin—as initially envisioned by Satoshi Nakamoto—and blockchain.

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About the Author: Daniel