Showing posts with the label DC Blockchain Summit 2019

DC Blockchain Summit “One Block at a Time: Taking Steps Towards a DLT-Based Financial System”. Lanxi He, Research Analyst Intern, Creative Investment. Georgetown University

On March 6 th - 7 th , the leading blockchain companies, enterprise executives and policymakers were at Georgetown University to discuss key policy issues having an impact on the industry at the Fourth Annual DC Blockchain Summit. Chamber of Digital Commerce members from more than 20 countries participated in the event and demonstrated how blockchain can potentially expand economic prosperity through trade finance, digital identity solutions, food supply chain management, health care, and many others sectors.  In the session “One Block at a Time: Taking Steps Towards a DLT-Based Financial System”, panelists talked about how to use blockchain in financial services like payments processing and using blockchain to improve business processes in financial services. DLT (distributedledger technology) can record the transfer of assets. Transactions and their details are recorded in multiple places at the same time. DTL is a digital system which is different from traditional