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ARTICLE

Developing in Blockchain: The Need-To-Know When Getting Started

Blockchain is often either considered a game changer or the worst thing in the world. We reached out to Stefan Tilkov, co-founder of INNOQ, to get his thoughts on what someone who’s new to blockchain needs to be aware of

August 25, 2021
SESSION

Blockchain: The Slowest (and most Fascinating) Database in the World

As the foundation of Bitcoin's virtual currency, the blockchain technique is now the starting point for numerous new business ideas. The usual suspects surpass each other with superlatives how "disruptive" the Blockchain based startups will be. In this talk, we look first at the technical foundations and then examine the advantages and disadvantages. We then identify practical scenarios and discuss how to implement them in practice.

SESSION

Blockchain for Developers

When the hype around Bitcoin subsided and people started to take a closer look, many quickly realized the tremendous potential of the underlying Blockchain technology. As ING is dedicated to staying a step ahead and always looking for solutions to better serve our customers, naturally we are actively working on Blockchain technology as well. One area where we can definitely see great value of Blockchain technology is through the use of smart contracts. Within ING we are working on modelling a variety of financial products into smart contracts. This includes translating legal prose into code, incorporating large numbers of conditions, connecting contracts to external data sources for verification and then executing these contracts between multiple parties in one atomic action. In this talk Peter Penning and Cees van Wijk will explain how Blockchain works, why it's fundamentally new, how it's used at ING and they'll give an overview of some of the most popular blockchain platforms.

SESSION

On secret Missions - The successful journey of Chainalysis

Through the innovation of the Blockchain, a brand new value transfer system was born. A system that enables an economy where everyone can participate an economy with no limits. New types of products as well as availability of existing products for billions of new consumers. Just like the internet in its early days promised to set free information the blockchain sets free transfer of value. As with any paradigm shift this challenges existing incumbents and requires a careful transition to protect and guide the society through this change. Chainalysis has been instrumental in facilitating this change - set on a mission in 2014 to bridge the gap between banks and companies active on the bitcoin blockchain by providing enhanced due diligence compliance solutions for both banks and bitcoin startups, a brand new method for compliance through transparency was devised in collaboration with Barclays leading to the on-boarding of the broker-dealer Circle Internet Financials in 2015. Further, Chainalysis have enabled Governments with oversight enabling regulation through transparancy for this new industry. Chainalysis customers in this space include regulators as well as enforcement agencies as an important part of building a new financial system is the ability to control its use for criminal activities. The keynote will cover how Chainalysis have used the lean startup model to ensure the best market fit in the rapidly evolving blockchain industry as well as the next hurdles to tackle to secure financial transparency in an open world.