Panel: How Blockchain Can Be Used for Good – Mary Hall, CipherTrace; Johnna Powell, ConsenSys; Viji Krishnamurthy, Oracle; Lucia Latorre, LACChain
It isn’t often we come across a technology that is as far reaching as Blockchain in its ability to improve the lives of world’s underrepresented. In this talk, we will show how Blockchain, with the power of democratization of data and decentralized governance, is helping to solve compelling societal problems. We will discuss use cases and design considerations to innovate with Blockchain. Our world runs on data. Every transaction we make requires verification and is often performed by a centralized body. Such a system results in power imbalance of approvers vs. the approved, thereby limiting participation and collaboration. Blockchain can help level the playing field and inequities via its collaborative nature. With blockchain, processes can be automated with the help of a technology that provides secured democratization of data with programmability of transaction logic.
