Posts Tagged ‘IE Blockchain club#8217;

14
Dec

Blockchain trends

Written on December 14, 2018 by Campus Life in Professional

In collaboration with the IE Blockchain club and the IE Tech and Innovation club, the Entrepreneurship  Club was pleased to host a series of keynote speeches led by Gabi Gutierrez, Alexandr Chevtaev and Alexandre Bussutil who tackled current blockchain trends within the Entrepreneurship world.
Alexandre Bussutil, CEO of B-scaled spoke about the ups and downs of the crypto market over the past 2 years, and what to look-out for in the near future. He is a firm believer of blockchain, and its potential to uphold transparency and trust within various industries.
Alexandr Chevtaev has been an advisor for blockchain and crypto startups over the last 2 years. He has helped raise over USD 100 M in private sales and ICOS. He is of the belief that bitcoin price will rise again in the near future, and that 2019 could be the year that utility tokens become more widespread.
Gabriel Gutierrez, CEO of a crypto mining farm in Siberia, has educated the students about the processes of crypto mining and its current trends. Today, due to the current dip in bitcoin price, many crypto farms have foreclosed, however Gabriel sees opportunities for IE students to open new farms in countries with low-priced electricity such as Russia as he believes the price of Bitcoin will rise again in 2019.
During the event, the students were immersed with the speakers through Q&As, and have challenged the speakers in numerous occasions. The Entrepreneurship club thanks its speakers, and is posed to believe that blockchain is an immersive technology to look out for in the future.

23
Jul

You do know blockchain – but what if I say cypherpunk?

Written on July 23, 2018 by Campus Life in Professional

Today we discuss the bigger picture, given Internet culture and its evolution, on why decentralization matters.

As far as mid-2018 goes, nominating Bitcoin makes some people’s eyes roll over, simply because of the media heat wave that we all have observed in the last year, especially. What this post is meant to focus on is to focus on the historical perspective that led to the technological revolution that resulted in the birth of cryptocurrencies, and more specifically how this entire narrative is located within the broader open source context. Open source makes up for a vast majority of the data that is available on the Internet – a few examples that come to mind include Android and AWS.

Open source really traces back to the three decades ago, the MIT and the anti-copyright movement, which then evolved onto liberal political discourse that concentrated mainly on the extent to which there should have existed a higher degree of freedom of movement of information in code, counteracting more traditional views tied to seeing code as a personal asset. The crypto movement, in several ways, is similar to this, probably in a more libertarian fashion. It essentially morphed into a technological movement, advocating for new kinds of shared digital services that are possessed and made possible by a community, as opposed to software owned and operated by a company.

Several of those principles stated in the late 80’s and early 90s are, astonishingly, just as applicable today. The cypherpunk movement essentially advocated for cryptography and its power to be leveraged so that people may dispose of more justice, privacy and individual freedom. A counter movement, aka the US government, blocked exporting cryptography. Once the movement won this legal battle, the stage was set for someone to understand this latent power in technology and develop upon it. Come Halloween 2008, and Satoshi Nakamoto released Bitcoin’s white paper; unsurprisingly, nobody seemed to care, except for a few wisely pointing out to scalability issues.

What’s interesting to observe here is that the Internet united groups of people who are scattered across the globe, and yet sharing similar political, even ideological views that span across the immanent realms of technology and philosophy. Cryptocurrencies seemed to be the missing link that pieced their interests and their beliefs together: Internet is already ruled by decentralized protocols, and yet we see the issue connected with the power concentrated among those that control the algorithms that govern those networks where information is shared daily in massive quantities. This highlights an evident oxymoron in the industry: while open source is so big and spread out, few companies managed to concentrate power among themselves; lots of the crypto movement members, hence the open decentralized protocols they created, share a reactionary nature to what’s happened.

While much of the press coverage focuses extensively on the anecdotal features surrounding “get rich now” news, price movements and their relative percentage changes, and it is indeed true that some people did get rich from trading on crypto, fewer concentrate on the story behind the anarcho-libertarian reasons underneath the very existence of blockchain. Because of this, large shares of capital entered the industry as a whole only years after, when it was clear and people understood that this system could be fueled, would have turned a profit and had the potential to create completely new ways of doing business. Open development can now enjoy the same type of funding, and hence mass scale applicability, like regular tech companies do. One of the reasons why some of them became such giants lies in the fact that they could enforce a positive circle in which they could create massive margins, feed them into additional product development that could create and refine more cash points, and start over again.

A key feature that makes these networks possible is the rather profound notion of a structure that provides for full alignment of incentives, the underlying mechanism that keeps the networks healthy, getting each peer to participate in the activities that keep the system as a whole running. Much of the latest research on the field is mainly concerned with the game theory behind the design of certain systems: in order to make each peer’s payout higher in the event in which it cooperates, as opposed to acting in an individualistic manner, each node is made both a consumer and a producer.

Today many new standards are being adopted and, as most insiders will tell you, we are just getting started. To expand more on the incentives’ side, as well as how transactions are being validated, I invite you to research on Proof of Work and Proof of Stake. Although these are the main ones that you’ll find in a vast majority of cases, you’ll soon find that newer protocols and smart contracts are being developed as we write (or read), such as Proof of Retrievability or Proof of Replication and Space-time.

The industry appears to be in the same position where the Internet was in the mid-1990s: everything is still up for grabs, and there is a major section that’s still left unexplored!

Lorenzo M. Zorzi Chiarioni – Master in Management
IE Blockchain Club

11
Jul

TechIE

Written on July 11, 2018 by Campus Life in Professional

We are now a few days past the TechIE conference and it is time to reflect on this first edition. TechIE aims to become the flagship event of the IE Business School, helping students and alumni uncover how tech drives the future of business.

This years’ topics covered Big Data, IoT, Fintech, Quantum Computing and Blockchain and Artificial Intelligence. A few statistics: 7 speakers – +130 attendees – 6 hours of conferences and networking Co-organized by different tech clubs of IE, the event held its promise of sharing knowledge on the latest technological trends. The day started off with Juan de la Pena Gayo, expert in IoT and Data services at Microsoft, who spoke about the latest trends in IoT and Industry 4.0 talking about the different uses of data one could have. His talk on how products such as HoloLens could bring change to the industry was very interesting.

Carlos Kuchkovsky, CTO of new digital business at BBVA then came on stage to talk about the concepts of digitalization and blockchain in the banking sector. Addressing topics such as Tokenomics and the AI Revolution. Matthew Gladstone, country brand ambassador of Revolut then took the change to discuss the roadmap of the company as well as the different steps the company went through to become the first digital bank unicorn. Javier Abadia, lead developer at StyleSage gave a talk on how the Fashion Industry was in the process of embracing the latest technologies. By leveraging Artificial Intelligence and Big Data, Javier took us through the StyleSage product and its different features which help brands uncover new trends by crunching through large amounts of data.

Our final guest speaker on stage before our panel was Juan Gomez, Senior Software Engineer at IBM Quantum Computing. Juan gave a presentation on the emergence of Quantum Computing and demystifying the different uses businesses could try to implement in the future. On discussing the potential revolutionary uses Quantum Computing could have, Juan invited us to explore the world of quantum computing by experimenting with a quantum computer online.

Finally, the conference ended on a panel discussing the Future of Banking. Moderated by Jose Esteves, IE Business School Professor, Carlos Kuchkovsky and Matthew Gladstone were joined on stage by Alfonso Sainz de Baranda, Chief Growth Officer at Bnext and Salvador Casquero, co-founder of 2gether. The members of the panel gave their opinion on the recent regulations (GDPR, PSD2), the status of challenger banks and traditional banks. After discussing whether or not the industry would consolidate, the speakers shared their thoughts on the next technological innovations in the field of banking and how students should prepare for these.

The conference ended on a more relaxed note with a cocktail, giving attendees the opportunity to network and meet with the speakers.

All in all, this was a very positive first edition and we can’t wait to get back to work on the second edition! Thank you all for having made this TechIE conference a success!

1
Dec

A week ago, the IE Blockchain Club hosted a workshop on the usage of cryptocurrencies. Together with Alex Casas, IE Alumni and Founder of Shelpin, and our coordinator Nikita Khudov, we discussed the evolution of money, blockchain technology and its value for the society. We also explained the history of bitcoin and how bitcoins are mined.

After the presentation, our partner Airbitz provided us with some bitcoins which we distributed to the attendees. We conducted a practical workshop and explained how people could buy or receive cryptocurrencies, how can they use them and most importantly, how they can store them. This was our third event this year and it was very well attended. We hope that the journey into the new world of the blockchain-economy has started for our members.

Great thanks to Alex and our partners for their help in the organization of this event.

5
Jan

The World of Blockchain

Written on January 5, 2016 by Campus Life in Other Activities, Professional

blockchainThank you everyone for attending the event, it was a great success, we had a full-house!

 

Our guest speaker, Felix Moreno has opened a new world for us, the world of Blockchain. We discussed the economics potential, current instability and disruption potential of bitcoins. Felix demonstrated how easy it was to create your own wallet, and transfer bitcoins from one person to another, extremely fast, without any significate cost, to anyone in the world. Felix even gave away some Bitcoins to our audience, which we later used to buy some drinks at the Do-Eat cafeteria in MM31.

 

Felix talked to us about the immense amount of various bitcoin business out there, like Bitcoin mining, Bitcoin big data analytics, bitcoin vaults, bitcoin transfer platforms, bitcoin exchanges, bitcoin venture capital firms, micro payments with bitcoins, bitcoin lending, bitcoin trading and more. Bitcoins aside, the star of the night was the Blockchain, the platform on which bitcoins work. A sort of ultra secure, distributed, cryptographic ledger, which guarantees immutability to anything recorded within. We heard about the ever growing Blockchain start up ecosystem, and the still immense untapped potential of use cases and businesses which can be started on the Blockchain. VCs estimate that to-date more than 1 Billion USD was invested into the Blockchain start up ecosystem, though we have yet to see an IPO. No doubt, it could be yours! Our guests from Telefonica, EY, Grant Thornton and Banco Sabadell, learned about the way the Blockchain can transform and enhance the products and services which they are offering to their clients, world wide. The ultimate financial system platform has the potential to disrupt industries beyond finance. Medical record keeping, Real Estate, Personal IDs, Digital Asset Management, Patents, Logistics, Fine Arts, Diamonds, Drug Development and a lot more.

 

We promise to tell you more on our next events. Stay tuned to hear more from the IE BlockChain club.

 

Yours Truly,

Ali and Andres

 

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