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NABA Blockchain Fintech Summit Brief

The North America Blockchain Association (NABA) hosted its first Blockchain Fintech Summit in Silicon Valley at the Santa Clara Convention Center on January 7th, 2017. Co-organized with IBM, the Shanghai Institute of International Finance (SIIF), the Guiyang Government, Tianfeng Exchange Securities and the International Financial Centers Association (IFCA), the summit saw overwhelming interest and received positive feedback from speakers and attendees alike.

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The summit hosted over 50 speakers and received more than 600 attendees, including Chinese government officials, finance professionals, industrial leaders, academic experts, investors and entrepreneurs.
Highlights at the summit include Andrew Keys from ConsenSys, introducing ConsenSys' startup studio, which is building a variety of decentralized applications, including a new computing system, intelligent document management system, energy system and supply chain management system. This turns the traditional client-server structure into a decentralized peer-to-peer structure in which every node is both client and server, therefore removing potential vulnerability at single points.