ICO, Healthcare, Retail, Banking, Energy and E-Gov as the Blockchain most notorious Areas to be Discussed at Abu Dhabi Blockchain Conference

The blockchain industry has been evolving faster than the boldest forecasts predicted. Having become an important part of the financial and banking areas, it has already found its niche in document circulation, energy, medicine, insurance, retail and other Blockchain is more than Bitcoin and cryptocurrencies... As we see today, the blockchain is growing at super speed. However, it is worth stop and discuss what we may expect from the latest technology revolution in the next 6-9 months.

On December 7, 2017, Abu Dhabi (United Arab Emirates capital) will be hosting for the second time the blockchain conference of the Middle East and North Africa region – Blockchain Conference (BConference), which will put together representatives of the blockchain industry from all over the world to talk about their experiences using the cutting edge technology in the different indistries that is already deployed.

The key topics of the BConference 2017 will be:

1-The most innovative technology of our time: Up-to-date information on the blockchain and crypto-currencies.
The crypto market cap has approached the $ 143 trillion mark in 2017. Governments, business and investors are developing plans on using the blockchain to be lpart of the list of the most tech advanced countries in the world.

2-Financial sector: How will the blockchain improve the financial international payments and banking transfers at all levels?
Researchers have found that 52% of the world’s financial companies plan to use the blockchain as it easies transactions, increases their speed and reduces the costs.

3-Logistics: Control over the goods import and export around the globe
Blockchain or distributed ledger technology will reduce customs documentation neded for all movements of goods and will allow all parties to track all processes and furthermore, compliance with the terms and conditions of supply contracts in real time.

4-Energy: Reducing costs in the energy market
Regardding experts’ opinion, a decentralized approach in the energy indutry will make possible to reduce costs not only by eliminating middle men in the energy market but also by using local energy exchange when needed.

5-Healthcare: Modernization of healthcare systems
A decentralized data transmission system has been used for the purpose of technological modernization of the healthcare industey. The study of the blockchain technology possibilities is carried out in terms of its use in the diverse pharmaceutical business and medical administration

6-Investment raising: ICO boom
The ICO (initial coin offering) is challenging some other forms of the fund raising. In year 2017, the start-ups have already raised 10x more funds through the ICO than in previous 2016.