Blockchains can impact our lives as much as the internet has done of the last 30 years. We just still need to find out how!
On Wednesday 14th September we had the first Orange Table after the summer with as special guest Frank Schuil CEO of Safello. Frank introduced us the the in's and out's of the world of Bitcoins, which in fact were created in part as a protest movement to discredited existing Banking World following the 2008. crash. The real revolutionary idea, however is not Bitcoins, Frank maintains, but the Blockchain technology. A clever and smart technology supporting a transparent distributed uncompromisable ledger of any transaction that takes place between parties in the virtual world. Something that could change our real lives, in many still unforeseen ways, as much as the internet has done with us over the last 30 years. The challenge is still to create the magic that will kick start wide spread adoption from the base - and that is what Frank is working on with his startup Safello.
Last week, Joris Luyendijk gave an interesting bookpresentation about his bestseller 'Swimming with Sharks' at the Stockholm Business School. Joris, an antropologist / journalist, described his travel through the financial world in a way no one has done before. His professional background as well as being Dutch made him an 'outsider enough' for insiders to share their real thoughts and experiences. This is pretty unique as the whole financial systems is run by deep fear and you have been made clear to spilling information will ruin your career, even after you have left the bank. You just 'don't talk about fightclub!'
Overall, the problem does not seem to concern individuals but seems is rather the system itself. With the top of the banking industry still not being personally liable and for example with loyalty and morality working against you, we can only expect more scandals to come.
The lively discussion after his presentation made it clear how complex the situation is, with a powerful sector that influences our society more than we think. If you are interested in knowing more, please keep an eye out on the event in Göteborg at the Bokmässan on the 23rd of September, and of course you can buy the book of Joris at the bookshop.
Not a member but intererested in more of these types of event? Contact me via email@example.com for a personal invite to tomorrows orange table event in Stockholm.
For more photos of the event click here