Dr. Craig Wright spoke to CoinGeek Backstage on how the Bitcoin blockchain can solve practical challenges we face today, from accounting to Nike’s misguided focus on avatars.
The 3rd edition of The Bitcoin Masterclasses series held in Zurich was led by Dr. Craig Wright, which focuses on accounting and mapping transactions on-chain.
With its ability to record information and transaction securely, Dr. Wright says this builds accountability for blockchain industries, as falsifying data would be too complicated on-chain.
This latest The Bitcoin Masterclasses tackles more about the processes that ensure the data entered onto the blockchain is as accurate as possible.
Despite being a powerful tool, Bitcoin cannot solve all issues plaguing the system, but it can provide a more secure and verifiable way to track data, whether it may have been changed or duplicated.
CoinGeek VII will be themed around the hot topic of data. The Bitcoin SV blockchain can handle almost limitless amounts of data, all immutably stored and at a very low cost.
Zurich is the heartland of the European banking world and will be the latest venue for the seventh CoinGeek Conference next April.
