5 talking points from the BSV Global Blockchain Convention in Dubai
Now that the dust has well and truly settled on the BSV Global Blockchain Convention (GBC) in Dubai, it’s time to look back and reflect on the moments that got everybody talking.
It was more than just fun and games at Haste Arcade
One of the most vibrant aspects of the GBC was the exhibition hall. A lively space where companies set up stalls and interactive booths, attendees buzzed around meeting likeminded entrepreneurs and finding out about businesses they had previously only seen on Twitter.
A popular booth was that of Haste Arcade, where guests could play a range of games. The booth was a lot of fun, but it also was a perfect way to showcase the simple but brilliant concept that underpins the gaming marketplace.
— NFTY Jigs (@nftyjigs) May 25, 2022
Players who managed to get on the leader board found themselves earning Bitcoin SV through the platforms Instant Leaderboard Payout (IPL) incentive mechanism. All they had to do was sign up, pay a small fee to play, get a score on the leader board, and get paid by anyone who fail to beat them.
The arcade was a great way to demonstrate the power of Bitcoin SV to provide quick and easy micropayments, showing attendees exactly what Bitcoin (in its original form) can bring to the internet.
Indeed, earlier this month Haste Arcade revealed they had recently raised $1.5 million in an oversubscribed seed round, so people were certainly taking notice!
Even Satoshi was spotted having a go on the Haste Arcade, competing with Bitcoin Association’s Patrick Prinz to get his name on the scoreboard. Rumor has it that Dr. Craig Wright has a large collection of vintage games at home, so it should have been easy pickings.
oh hey @Dr_CSWright 👋 https://t.co/3zOVsd2vKc
— Haste Arcade (@hastearcade) May 25, 2022
IBM are making a splash with Certihash
One of the most impactful sessions from the last day of the GBC was a presentation by Gregory Ward, co-founder of Certihash, and Patryk Walaszczyk, a blockchain solutions expert at IBM Consulting.
IBM and Certihash are in the process of creating and developing the Sentinel Node, a suite of tools on Bitcoin SV that could revolutionize cybersecurity. It will work by immutably recording access logs, while simultaneously alerting system administration upon a breach or anomaly.
While the platform itself is an exciting development, it was the partnership between a BSV company and one of the world’s largest technology companies (IBM) that got people talking. The development signals an exciting shift in BSV’s future towards enterprise adoption and away from an immature ‘crypto’ space.
Watch at 7:35:00https://t.co/9SBRQKMFD4 pic.twitter.com/WYO6yI3rXx
— Stephanie Tower (@stephtowerMNL) May 28, 2022
Patryk explained that he has been drawn to BSV, because it is an “enterprise-grade ready blockchain which offers a secure platform for developers to build their new solutions upon.” He also sat down with CoinGeek’s Charles Miller during GBC to share his thoughts on the subject.
Building a better internet with Bitcoin SV and IPv6
Day 2 of the GBC finished with insightful keynote speeches from Latif Ladid and Dr. Craig Wright about IPv6 and how it can integrate with Bitcoin SV to create a better internet.
Latif opened by clarifying why IPv6 is better suited for our society than the IPv4 protocol that we are currently using. He explained that as there are only enough IPv4 addresses for big servers, we don’t all exist individually on the internet.
With IPv6, every person and device can have a unique IP address, which will have a profound effect on the Internet of Things (IoT), peer-to-peer communication and how the internet works.
dr. Craig Wright followed up by explaining how the IPv6 protocol can work with Bitcoin SV to ensure that Bitcoin can be peer-to-peer in the way it was originally intended.
“IPv6 enables direct connectivity. It means rather than having a large data center sitting in the US controlling everything, we can start going back to the original model of the internet: peer distribution,” he said.
Many in the audience were impressed with the vision both men shared, and the idea of a future where users can access a secure internet without being monitored by big data companies.
I decided to listen again to Dr. Craig S. Wright, the Bitcoin creator and president IPv6 Forum, Latif Ladid speeches at Global Blockchain Convention Dubai so as not to lose track of the goal. The vision is clear. Power to the people. #IPv6 is about scalability, so is Bitcoin #BSV
— Paul Igwe Odii (@OdiiIgwe) June 14, 2022
Everybody went bananas for Gorilla Pool
One exhibitor really stood out to me among the crowds in the exhibition hall at the GBC. He was tall, dark and…. an ape.
Why didn’t Gorilla Pool use a real gorilla at the BSV Blockchain Convention in Dubai?
— 🦚🐯TIMECHAIN 🦚🐯 (@Antmantime) May 25, 2022
An ape with bananas no less! The friendly ape was there to promote GorillaPool, the distributed mining pool co-founded by CoinGeek’s own Kurt Wuckert Jr. The project, which launched in 2021, provides those in the space with a decentralized and community-driven space to mine BSV.
And the bananas proved pretty useful too, as some of the attendees were caught munching away in a bid to line their stomachs during the drinking reception. And when I say some of the attendees, I may or may not mean myself…
Soundoshi is dancing to its own beat
One of the rising stars in the Bitcoin SV space is a company called Soundoshi. A graduate of the first cohort of the Satoshi Block Dojo, the startup aims to break down barriers between musicians and their fans.
Michael Scislowski, CEO of Soundoshi, took to the stage on day 2 of the GBC to participate in a talk titled ‘Music & Blockchain,’ where he shared his ambition to reinvent music by allowing customers to own the music they pay for, as they did before streaming services took over.
Soundoshi allows fans to build an immutable library through the blockchain and ensures musicians get compensated directly, without the need for middlemen.
Many were impressed by the company and the impact it could have on the streaming industry. There was also a lot of buzz around the Satoshi Block Dojo, a BSV startup incubator which had a booth at the exhibitor’s hall and is currently accepting applications for its next cohort.
Overall, it was an eventful three days, with exciting developments in the BSV space to talk about and so many new people to meet! I’m looking forward to doing it all over again next year for the GBC in London.
Watch the BSV Global Blockchain Convention Dubai 2022 Day 1 here:
Watch the BSV Global Blockchain Convention Dubai 2022 Day 2 here:
Watch the BSV Global Blockchain Convention Dubai 2022 Day 3 here:
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