The London Blockchain Conference will be held next week at a prestigious venue in Parliament Square – no coincidence as its slogan is “Bringing Government and Business to Blockchain”. As conference creator Calvin Ayre explained in this week’s CoinGeek Conversations, the use of blockchain could benefit both governments and citizens:
“Governments can use this technology to manage data in a way that makes it truly appealing to their citizens. They save costs. They are able to provide unique services that were not possible before.
But the “honesty and sincerity” of a government will also become more transparent to its citizens, which may not always be welcome, Ayre believes: “It will be interesting to see how that plays out, because we know that many governments don’t like things that force them to be honest.
The conference is about “Solving Big Data Challenges in a Unique Way with Blockchains”. And while Ayre is a big proponent of the BSV blockchain, in part through his Ayre Ventures, which invests exclusively in BSV companies, he insists the conference is not a BSV event: “BSV is just a tool. If anyone else has another tool that wants to compete in this space, then the conference is open to them.
Indeed, the conference announced the participation of proponents of any other blockchain that had what Ayre considers essential to serve this market – unlimited scaling, the ability to make nano-payments and the willingness to follow all existing laws – but no one postulated: “Nothing came back. Not a single person. And I found that shocking actually.
Ayre draws a complete distinction between the work he supports and the rest of the “crypto” market. He sees no future for crypto and backs the suggestion of a select committee of UK MPs who recently recommended that crypto be regulated by gambling laws rather than finance as is currently the case. under the Financial Conduct Authority (FCA) in the UK.
“Innovation on blockchains will happen once the nonsense of crypto is eliminated,” he says. And as a former entrepreneur in the online gambling world, he thinks crypto is “like gambling, but it’s like illegal, unregulated gambling.”
Regarding the current media attention on AI, Ayre believes that the most important technological developments will center on the implementation of the BSV blockchain and IPv6, an Internet protocol that allows greater scaled to IP addresses than the currently more common IPv4.
“You’re not going to solve Internet challenges with artificial intelligence. You need what BSV is doing to make the internet work better, to make artificial intelligence work better. These are things that will actually work together. The BSV blockchain could provide a record of the provenance of data used in AI, an essential additional component to make its results more reliable.
On the issue of Dr Craig Wright’s numerous ongoing court cases, closely followed in BSV circles, Ayre is a big supporter of Dr Wright on social media, but admits: “I’m not a fan of all his court cases. In fact, I wish there was a lot less of that and a lot more focus on business. Nevertheless, Ayre has no doubts about Dr. Wright’s assertions: “Of course I support him because he is right. I just don’t think any of that needs proving right now. He jokes that “everything looks like a nail to Craig and he’s got a few hammers in his hands.”
The London conference will be the first of a regular annual event, Ayre says. Starting next year, he wants to expand this year’s two stages, focused on business and technology, to three, and extend the conference from three to five days.
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