Finno Summit Miami 2019 closes with the Evolution Blockchain

On this occasion, we continue with the panel Technology Blockchain as a Payment Infrastructure, ending with the Finno Summit Miami 2019 officially. Recalling that the first article is associated with the beginnings of the technology, trying to the present. For this reason, in this part we will focus on the future.

Contents

To break the traditional

Rozic raises an issue that is fundamental in his opinion for the success of the infrastructure Blockchain: to educate. Explains that since Minka have the vision to build the future the foundations are from the present. Therefore, they have a variety of projects and workshops to teach traditional banks on current technology. Uses as an example the case of its colombian customers, highlighting that in order to reduce the breca it is essential that you learn what other institutions in the world are already doing. In this way, they can compete in the international sense. In addition, this way people can learn how to sue or ask their public institutions what they want. Returning to the example of Colombia, now poses your clients will require the Central Bank reform monetary. In addition, he concludes that if indeed these changes occur in the legal field, will open many doors for new projects Blockchain.

What the people want?

Lipple raises a question that is philosophical, that he even enters the area of the economy: what the people want?, related to the topic of why people are looking for innovation, even with cryptocurrencies. Beaudroit starts responding to pose that seek to take certain risks to which they may generate profits. Still the dilemma that they are afraid to lose, but valued in excess to improve their quality of life. For this reason, some technologies have greater acceptance than others. By answering this way the question that because people trust more in Blockchain that cryptocurrencies. Rozic complements considering that no one really knows what they want in truth, given that many are unaware of the technology. Uses as an example the case of Colombia and Latin america, where people want to cryptocurrencies or banks with technology Blockchain without exactly knowing what it is. Returning with Beaudroit continuing with what was proposed by Rozic is that, today, the people in effect have Bitcoins, so there is always the possibility that in the future, be used as a payment officer. To represent his example, he asked the public who owns Bitcoins, noting that a large part raised his hand.

Future solutions in the present

To finish the panel, proceed to accept questions from the public. The first was particularly for Teixeira and micropayments. To which he responds that indeed, today much of the developed world moves by microtransactions, the applications demand it. For this reason, the technology Blockchain it should be possible to meet this demand, even considering the speeding up micropayments. Highlighting that this issue is important, with the technology of Blockchain, promising interbank payments instant. The next question was directed to Rozic, on the legal framework of Colombia. You reference that recently the president of Colombia has raised that are necessary solutions Blockchain. Responds that he is in favor of these changes to promote the national economy. However, it highlights the fact that it was conceived in the previous article. It is necessary to evaluate each case for the occurrence of a cost effective investment, you should not apply for apply. Finally, an important question for us, is respect to the Stablecoins, on which are the most important. On this occasion, replied it was Beaudroit, stating that he has full confidence in this type of coins. It raises the Stablecoins are an efficient way of implementing and designing platforms Blockchain for payments.

Conclusion

Once completed the panel, also culminates our coverage of the Finno Summit Miami 2019. We hope that you enjoyed the event as much as we do. It has been one of the best events that we have participated and we hope the next year continues to improve. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.

Did you like the content? Share it

Cryptocurrency Market