In this meetup, we will discuss of blockchain, Cryptocurrencies & IPFS. Install the Waves Wallet on your phone and you will be given some LEFTA, a Token we created on the Waves Platform.
“The blockchain is the financial challenge of our time. It is going to change the way that our financial world operates.”
In simple words, Blockchain can be defined as a chain of the block that contains information. The technique is intended to timestamp digital documents so that it’s not possible to backdate them or temper them.
Blockchain is trusted only because of its decentralized feature which ensures the privacy, where many other companies are unsuccessful in maintaining and protecting the data and privacy of the users.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
IPFS and Blockchain is a perfect match! You can address large amounts of data with IPFS, and place the immutable, permanent IPFS links into a blockchain transaction.
Key points of this event
Web 3.0 is slated to be the new paradigm in web interaction and will mark a fundamental change in how developers create websites, but more importantly, how people interact with those websites.
The Waves Platform, Waves is a blockchain platform you can use to create your own custom token. A token is what that differs from a coin. There is a big difference between coin and token. The coin has its own blockchain system whereas token is created using several third-party platforms like waves platform and ERC20 based platform token.
IPFS or InterPlanetary File System is a peer-peer hypermedia protocol which utilises a distributed file system.
Basic Attention Token(BAT) radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.
Benefits of Blockchains:
Blockchains can be used in cloud migration, education, digital IDs, voting, data sharing, and many other sectors due to the robustness they bring to the table. With anonymity, immutability, and security being their trademark features, blockchains have carved a niche in the marketplace. Blockchain technology offers neoteric tools for authentication and authorization in the digital world.
“one of the most powerful use cases of blockchain technology was to inscribe immutable and transparent information that could never be wiped from the face of digital history and that was free for all to see. Satoshi’s choice first to employ this functionality by inscribing a note about bank bailouts made it clear he was keen on never letting us forget the failings of the 2008 financial crisis.”
Before starting the main presentation, session of networking and introduction will be performed along with serving food and soft drink to each participant at7:00 pm
Presentation of Blockchain, Crypto currencies & IPFS will be explained by the experts and organizers. This session will long for 1 hour & 30minutes from 7:15 pm to 8:45 pm.
The most demanded part of the event where the participation of each member is useful for the event as ideas and questions help the community solve issues and get more relevant solutions for the same. This session of Q&A will long for 15 minutes from 8:45 pm to 9:00 pm.
Friday, May 31, 2019; 7:00 PM to 9:00 PM
Go around the building 5060 La Jolla Blvd to the back to the lower pool next to the barbecue area. The conference room is by the lower pool.