Event Recap: Blockchains Event January 24th

blockchains event1

Imagine it is the future, and you are buying a home.  Instead of signing a pile of papers in a mortgage office and paying tons of fees, imagine that the entire transaction is done online within minutes with fewer fees because there are fewer intermediaries. That is the promise of blockchain and it’s likely coming soon. Blockchain is a technology that relies on a secure shared ledger system among its users for financial transactions. The shared ledger agrees the person selling the house has authority to do so, and after you pay for it, agrees and records that the property now belongs to you.

Technology expert Jeremy Epstein, CEO of Never Stop Marketing, visited Launch Workplaces in Gaithersburg this week to educate members on this technology. And while you may not be familiar with the term blockchain, you more than likely have heard of bitcoin, the currency which resides on blockchain. Initially bitcoin might have been used for nefarious online activities but it is becoming more mainstream and it’s important for small business owners to understand how this may impact their strategies in the future. For Launch member EventBank, for example, this may mean they program bitcoin as a payment option for event attendees in their community and event building platform. For financial advisers it might mean recommending that their clients test the investment waters of this currency. Whether it becomes as popular as the internet and social media remains to be seen, nonetheless it’s better to be aware than caught off guard.

To learn more about blockchain read Jeremy Epstein’s ebook!


Recent Posts
Intellectual Property Expert Resides in Launch Gaithersburg
Member Spotlight: Providing Necessary Defense, Yazdani Law Group
Maryland Announces Tech Internship Program & Funding
Caring Medical Practice Coming Soon Near You
LAUNCH ART AT LAUNCH WORKPLACES BETHESDA
World Renowned Author Chooses Launch Workplaces to Pen Her 8th Book
Member Spotlight: MBO Settlements
Member Spotlight: Servant Leadership (PM4Change)
3 Ways Coworking Will Boost Your Productivity
Givehero App Turns Wellness Achievements Into Donations
tes1
Becky Randel
Sales Associate, KI