Breaking the ice on the use of Blockchain applications, the first edition of World Blockchain Summit, organised by Trescon, was inaugurated at Laico Regency Hotel in Nairobi. Experts believe that the new blockchain technology holds the key to securing and simplifying oil and gas trading, hydrocarbon tracking as well as warding off corruption especially in real estate deals.
Niyi Ayoola-Daniels, IIPELP Founder/President & Visiting Professor of Energy Law stated that "Apart from its use case in digitized and secured land title registration, block-chain offers unparalleled scalability and strategic adaptation and implementation across different use-cases, including the oil and gas industry. Without a doubt, the economic opportunities that block-chain adoption can unlock globally is very huge".
The World Block-chain Summit is a global series of elite gathering that takes place around the world including Kenya, Russia, Canada, Singapore, Germany, India, UAE, Brazil and Saudi Arabia. It connects global block-chain gurus and technology players in this space including emerging start-ups with regional businesses, governments, and IT leaders across key industry verticals.
The Summit features inspirational, thought-provoking keynotes, panel discussions, Tech talks, workshops, fire-side chats and a host of networking opportunities.
