
Speaker "John Mercurio" Details Back

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Name
John Mercurio
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Company
The Bitfury Group
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Designation
CMO
Topic
Blockchain business solutions
Abstract
Just think for a minute about all the important ways that Blockchain technology can improve the systems and services that you and I rely on every day to do our jobs, and live our lives.
Think about how you interact with your bank today. You probably pay high fees. The auditing process is complicated. And there’s a high risk that the entire system could be manipulated or corrupted. Blockchain technology provides a convenient online audit of your banking history. It enables you to use smart contracts to simplify business processes. And perhaps most importantly, it simplifies the way you exchange financial documents and data.
Government health-care systems today are out-of-date, complicated and corrupt. Prescriptions are often falsified. Medical supplies are limited. Records are lost or stolen. Blockchain technology provides more efficient tracking of your medicine, makes it difficult to falsify your records and makes it easier for you to obtain prescriptions.
Blockchain technology also makes it easier and more efficient for you to conduct financial audits. Currently, the process can be expensive and time-consuming. The blockchain makes it faster, less expensive and 100% reliable.
Blockchain technology is a game-changer for governments and businesses with extensive supply chain networks. Fewer overdue deliveries. Fewer inaccurate orders. Less corruption. Blockchain creates transparent coordination, eliminates manipulation of accounts and cuts down on corruption.
Your online identity is currently jeopardized by data manipulation, unreliable middlemen and slow processing and paper work. Imagine a world where your identity could be verified, faster and for less money, by third parties. It would be resistant to hacking and internal fraud. You can use it in almost any venue, and you can do so without the need for third-party verification.
In other words, you can control your own identity. It’s a simple, and yet profound, concept. And it will change the world.