Dr. Craig Wright, Latif Ladid, Brendan Lee, and Owen Vaughan were panelists for the Digital Around the World webinar, where they tackled new concepts on leveraging the BSV blockchain's capabilities.
The implementation of secure GPS-, IoT-, IIoT-, and 5G-based communications remains challenging due to the lack of interoperable standards and their deployment across multiple vendors.
Applications will need a blockchain with unbounded scalability to establish a new data paradigm that goes beyond payments, tokenization, and smart contracts.
Triple entry accounting introduces a third entry (time-stamped immutable records), in addition to the first entry and the second entry, debit, and credit.
Dr. Craig Wright was in Dublin to deliver a keynote presentation at Global IoT Summit, and as he told CoinGeek Backstage, he’s restoring his original Bitcoin vision.
In his panel discussion, Dr. Craig Wright outlines the possible changes Bitcoin and IPv6 could usher in, including faster device interaction, automated contracts, distributed data storage and validation, and more.
Bitcoin adoption will look like an “S-curve,” which is half exponential and half logarithmic, but panned up close, it looks like a price chart for a stock, with spikes and peaks and valleys.
According to a 2021 NASSCOM Industry report, over 800,000 new Web3 jobs could be created by 2030 in India; however, the ambiguity of this industry could likely lead to further brain drain.
The low latency, high speeds, and immense capacity of 5G will make smart cities, driverless vehicles, smart homes, and other sensor-driven enhancements for industrial use cases all possible.
Scalable Bitcoin enables Web3, which is used in a peer-to-peer fashion and integrated with legal and identity systems, all using IPv6 addresses—this is the new internet.
With IPv6, Bitcoin can realize its full potential with direct, secure, and fast transactions between hundreds of billions of users and devices worldwide.
Integrating with IPv6 has been part of Bitcoin's roadmap from the start, and Bitcoin creator Dr. Craig S. Wright has urged internet users to use IPv6 for decades.
