What is blockchain technology and how is blockchain used?
Blockchain technology is behind the bitcoin network, a pioneering form of financial technology. Combining a unique set of blocks to conceal personal information, blocks are given an identity using a code called a hash. From here, a new block is added to the blockchain, recording and distributing digital information that can't be tampered with.
Blockchain technology is behind the increasing usage of cryptocurrencies, such as Bitcoin and Ethereum, and is emerging as the technology trusted for digital transactions for people worldwide. Yet in their infancy, cryptocurrencies are, in the eyes of many, the future, but until mass adoption takes place it is confined to its niche status. Likewise, the use of blockchain technologies in banking is almost inevitable, but experts say it will likely be used in sectors of banking, such as trade finance, and not in the industry as a whole.
How is blockchain so secure?
Due to the amount of effort it would take to maliciously alter a transaction within the blockchain, and the subsequent effect needed to hack into the blockchain itself, is next to impossible. If a hacker was to change the information on a block, a new block would be added to the chain with a new hash, exposing their attempt.
A cybercriminal would need to change every block in the chain to cover their tracks. With the odds of solving one of the complex math questions in a blockchain standing at 1 in 5.8 trillion, programmes need to operate with astonishing power and energy - meaning that the benefits of hacking into the blockchain are easily outweighed by the costs.
How do I book a blockchain and cryptocurrency speaker?
As an international agency, we have booked speakers for events all over the globe, thanks to our comprehensive understanding of global visas, on top of booking travel and accommodation. After an initial conversation, where our booking agents will discuss your event's brief and budget, we will then source a selection of affordable speakers for you to choose from. From there, our team will support you every step of the way, running up to your event and beyond.
So, if you want to understand the elusive industry of finance, book a blockchain speaker. Additionally, if you are interested in utilising financial technologies, cryptocurrency speakers hold the key to revolutionising your business' monetary transactions. At Champions, we boast some of the top blockchain speakers available to book. Coupled with our industry-leading services, you can book with confidence through our expert team.
To learn more on the implementation of blockchain, investment into Bitcoin and other cryptocurrencies, as well as the financial technologies that are changing finance, you can book a cryptocurrency speaker or blockchain specialist today. Simply get in touch with a member of our team by calling 0207 1010 553 or completing our online form.