Since its creation 13 years ago, blockchain technology has increasingly gained in popularity, although there is still a lot of misunderstanding around it. It was originally invented to serve as a public transaction ledger for the bitcoin cryptocurrency and has now become a real game changer, as its decentralized structure removes the need for trusted third parties.
China is the country with the largest number of blockchain patents in the world today and blockchain technologies are expected to grow even more, since President Xi Jinping has endorsed its further development at the end of 2019.
But what exactly is blockchain, and what are the actual implications for European SMEs? Where does China stand and what is China using the technology for?
This workshop, organised by the Belgian-Chinese Chamber of Commerce (BCECC), the EU SME Centre and EUROCHAMBRES, will walk you through the origins and use of blockchain technology and will share practical information for companies who are interested in using the technology in China in the future.
14:00–14:05: Welcoming words by Mr. Bernard Dewit, Chairman of the BCECC
14:05–14:10: Presentation of the EU SME Centre
14:10–14:30: Module I: Introduction to Blockchain ─ Brief story, basic concept, structure and types of blockchain
14:30–15:00: Module II: ─ Blockchain vs Bitcoin / Cryptocurrency ─ China's stance on the issue
15:00–15:25: Module III: An overview of potentials on a wide range of Blockchain applications beyond Bitcoin/cryptos
---5 min break---
15:30–16:00: Module IV: Current development of Blockchain in China: ─ Blockchain policy ─ Major players and projects
16:00–16:25: Module V: Outlook on future of Blockchain, its potential impact in China and for the world
16:25–16:50: Module VI: Blockchain technology creates new opportunities for European SMEs: Case studies and real successful cases in both Europe and China
16:50–17:00: Closing remarks and Q&A session