Due to the coronavirus and travel restrictions, the conference will no longer be hosted in Johannesburg and all speakers will participate virtually.
The privacy promised by encryption is over. Legislated government access has defeated the purpose of encryption. The next frontier is decentralization, and it’s leading to a brighter future for internet privacy.
This will be a pre-recorded talk.
Since the invention of Bitcoin, there have been lots of conversations on the possibilities of this new technology - crypto will, crypto can, crypto should… This led to the rise of ICOs, IEO, STO, DeFi, Hardforks amidst several innovations. However, it is my opinion that this technology is now matured enough to handle real-world challenges beyond the reach of traditional financial systems. We are at a deciding moment where we must either achieve adoption or bust. In line with the theme of this conference - FROM HYPE TO MAINSTREAM, what does mainstream adoption of cryptocurrency require?
Ethereum, a popular open-source, public, blockchain-based distributed ledger popular for its smart contract functionality and the world’s second largest cryptocurrency, recently underwent a major upgrade. What are the implications, benefits and the future of Ethereum?
Moderator: Farzam Ehsani. According to a survey by Statista and the 2020 Chainalysis Geography Report, Africa is booming in terms of crypto adoption, especially in Nigeria, South Africa and Kenya. Issues such as the high cost of remittances, fiat currency devaluation and economic instability, has caused many to turn to local cryptocurrency exchanges. Is cryptocurrency a more stable value store for people in Africa? What is the future of crypto adoption in Africa?
The Master of Ceremonies will close off Day 1 of the conference.
Cryptocurrency and its underlying technology, blockchain, have the power to change lives, to generate prosperity, empower people in remote and underserved communities, and unlock the global digital economy for the nearly 1.7 billion people who are currently unbanked. But how many cryptocurrencies have actually concerned themselves with going beyond being anything more than just a speculative tool? How many cryptocurrencies have focused on creating ways for people to earn crypto and then enable various ways for them to use their crypto in their daily lives? Cryptocurrency can effectively help billions of people in a world that has demonstrated that it can change practically overnight. Crypto has the power to provide people and their communities a path to greater prosperity. Doing so can spark mainstream adoption, although not before adopting regulations for their protection. Regulations help build trust and that, in turn, is arguably the key element that will appeal to traditional businesses that are currently crypto-skeptics.
David will discuss the importance and value that comes from digital education on the African continent. He will also discuss his experience building this content and how BitcoinKE has grown to serve over 100, 000 Africa-focused entrepreneurs and businesses.
Africa's agricultural productivity is very low, averaging 300 to 500 kg/ha as compared to 2.5 tons/ha in the United States, for example. To what extent do centralised supply chains create, contribute or worsen this situation? Lower access to data, or community cohesion is isolating African small scale farmers, elbowing them out of the main-frames of production streams of crop producing ecosystems. These and more, is what Pretty will unpack in this talk of how blockchain, a seemingly sophisticated technology, is well positioned to be used for day to day operations by these farmers, whose priorities are to run sustainable farms, as they use it to their advantage.
What is the regulatory stance on crypto assets in the US, Europe, UK and Africa? What are the implications of the Securities Exchange Commissions (SEC) lawsuit with Ripple, on other cryptocurrencies? How are regulators clamping down on crypto exchanges that do not have proper KYC and AML policies in place? How does the Financial Action Task Force's (FATF's) "travel rule” impact crypto related businesses? What are the challenges and what are the focus areas for regulated entities? Will compliance with regulations become a key differentiator with competitors or will users not care and go for what is faster, cheaper and where liquidity is available?
Moderated by Ciaran Ryan. As digital currencies are gaining momentum globally, central banks are intensifying their research and efforts on blockchain technology and issuance of Central Bank Digital Currencies (CBDCs). What are the economic and institutional motivation for CBDC development and implementation? What impact will CBDCs have in a country?
The Master of Ceremonies will close off the conference with a few final thoughts.