Web3 is here—but are we equipped with the technology that can harness the potential of the Web3 world? The London Blockchain Conference, held at the Queen Elizabeth Centre II in London, offers a detailed preview of what scalable and lawful blockchain technology has to offer.

“There’s nothing about blockchain that causes them to need separate regulations,” Ayre Group and CoinGeek founder Calvin Ayre tells the audience in his opening message. “All existing laws already apply to all tokens on all platforms.”

Bringing government and enterprise on the blockchain

The London Blockchain Conference is designed to be blockchain-agnostic, in that it is open to all blockchain platforms that not only can scale to enterprise and government levels, but are also able to work within existing laws. But as Ayre points out, it’s clear that there’s no other platform that is committed to unbounded scaling—along with nanopayments and full compliance with the law—other than the BSV blockchain.

“BSV fixes the internet,” Ayre said. “With that said, this conference is about solutions to data problems—not about technology. We welcome any blockchain that can scale unboundedly, work within all existing laws and serve enterprise and government needs. If you can tick those boxes, we’d like to hear from you.”

Shaking things up with blockchain tech

Day 1 of the London Blockchain Conference highlights a key area in today’s data-driven world: revenue generation with blockchain technology. Conference emcee and veteran tech journalist Lucy Hedges notes that the crucial component here is a blockchain that can handle massive transactions—case in point is the recent record set by Vaionex when it generated over 86 million transactions on the BSV blockchain.

How does this relate to Web3? As nChain Group CEO Christen Ager-Hanssen tells the audience in his keynote speech, entrepreneurs need to find the technology that can harness the potential of the Web3 world.

“I guarantee this ecosystem will be worth 1 trillion dollars,” he said. “No other blockchain can do what we do: security, scalability, efficiency, and nano transactions.”

New venue, new offerings

Along with a new permanent home—London—the conference showcases a whole new lineup and some fresh offerings to both in-person and virtual attendees.

The London Blockchain Conference features two stages: the business strategy stage, with new sessions including an “Open Q&A” and “Spotlight On” the latest updates and offerings from blockchain companies including Elas, which demonstrates its product that targets counterfeiting; mintBlue and its announcement on making data ownership possible for everyone via smart wearables; and Centi, which has teamed up with Centbee to bring remittances from Switzerland to Africa.

Also on the “Spotlight On” stage is U.K.-based financial services firm Tokenovate, which has partnered with fellow Brits ZERO13 to successfully execute the world’s first smart legal contract for voluntary carbon credit (VCC) derivatives trades referencing the 2022 ISDA Verified Carbon Credit Transactions Definitions.

Keynote speakers for Day 1 include Kenneth Braithwaite, former U.S. Secretary of the Navy, who talks about the importance of leadership particularly in enterprises that are navigating the seas of innovation. Proxima Media founder Ryan Kavanaugh also joins a panel with Rad NFTV’s Tony Mugavero and Brooklyn Earick discussing how BSV blockchain powers a new world of streaming with NFTs.

Meanwhile, on the technical stage, Dr. Craig Wright opens Day 1 with a fireside chat talking about how Bitcoin is a unilateral contract and the obligations of parties within the ecosystem under the terms of that contract.

Kevin Healy, specialist content creator for the BSV Blockchain Association, talks about the fundamentals of Bitcoin and the economics that drive it. There are still many misunderstandings about Bitcoin and what it was designed for, and Healy takes it back to basics to explain what the protocol is all about.

There is also a technical discussion moderated by financial journalist Victoria Scholar, featuring Kurt Wuckert Jr., Thomas Giacomo, and Pieter Den Dooven, that tackles the need for businesses and users to have simple ways to read and write data to the blockchain. In a separate session, Centbee’s Lorien Gamaroff and DotWallet’s Lin Zheming talk about what goes into making a wallet that draws the masses.

When we say ‘detailed’ preview, we mean it

It’s only Day 1 of the London Blockchain Conference, but the event is already delivering on conference producer Calvin Ayre’s promise of offering “the world a detailed preview of all that a scaling, lawful blockchain has to offer.”

Watch Day 2 and Day 3 of the London Blockchain Conference live for free here.

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