Careful optimism was the theme at this year's Paris Blockchain Week. Builders will build and the crypto community will keep going.
Fully considering the current situation of the pessimistic market, the expectation of Paris block chain week is low. But Paris can always surprise you. In fact, the event's large conference room is not as empty or disturbing as the consensus after the collapse of login passwords in 2018. Everyone participated, and the communication was fruitful. Yes, the croissants are as delicious as ever.)
In 2022, the conference was symbolically held at the Blondet Palace, an engineering building known for its historic Paris Stock Exchange until 1987. This time, the planner went far beyond himself, holding the theme event in the elegant "Carrousel du Louvre" conference room under the Louvre.
The night additional events are held all over the city of Paris, which coincide and drive some participants to eat dinner three or four times a night. The big star speakers did not do any blindly optimistic market demand analysis, but the atmosphere of the conference must be positive and optimistic.
Is Paris the best choice for Crypto?
Europe could be the last bargaining chip for data encryption companies as regulators tighten their grip on US data encryption companies. Although Paris is already home to well-known companies in the field-such as Ledger and The Sandbox---it is rumored that some big companies have moved their offices to Paris or become increasingly active in Paris.
Binance previously held a blockchain theme event in Paris. Circle has just announced that it is seeking strict regulatory permission from France and hopes to set up a head office in Paris. Who knows? Coinbase could be next. It is obvious that regulation is undoubtedly an important factor in the future success of all stable password services in Europe.
The consortium must encrypt the data.
Another hot topic around many keynote speeches and discussions is the lack of industry collaboration. Although it is now clear to everyone that Crypto's description is far from enough, the truth is: how can the most important industry participants unite to stabilize the industry and ensure its improvement?
Some authoritative experts have called for proper regulation of the industry, as deliberate participants have harmed everyone in the industry. Others elaborated on the urgent conversation with the regulators. If the standard comes from a sandy office and is not consulted with participants in the login password industry, the threat is that such laws and regulations will become too complex, expensive or unlikely to be enforced. Most authoritative experts agree with this and believe that an industry-wide consortium should be set up. Although the US has now begun full industry collaboration with regulators to create discussions (the conclusions are dubious), it takes more diligence.
Interoperability test
Professionals in several working groups expressed anxiety at the level of interoperability. Personal operation and centralized wireless bridges show vulnerability in front of network hackers, and the lack of connection between the Internet seriously affects the customer experience and reduces the choice.
Telecom operators faced similar problems in the early days, while different smartphones and the Internet still find ways to communicate with each other today. Login password customers should also be able to switch between programs and block chains in a secure and simple way. From a professional point of view, cross-application enablement is interesting even within a single block chain, not to mention the same practical operation between two applications on the Internet.
The current solution to the traditional bridging mode (outer packaging property) is the so-called "messaging" agreement, which does not move the property, but the activation of the applicable block chain. Others are blockchain computer operating systems, which apply "case verification" and introduce them on other chains.
If this technical debate feels decisive, the crucial conclusion is that many good people are looking for key technological trends in interoperability. But it may take them a few more years to settle this in a piecemeal way.
This year's Paris blockchain week shows carefully choreographed content, a careful balance between marketing speeches, group discussions on in-depth technology and narrow hot spots, and their interesting central ideas-imagine singing a BTC on the Tim Draper stage. Yes, it did appear.) A conservative and cheerful mindset has an advantage; builders build and move on!
Sophia Steineris the founder of Schteiner PR, which focuses on luxury brands in art, French craftsmanship, design and interiors. She previously worked for an international communications agency with a focus on blockchain startups. She holds a degree in journalism and began her career as an art critic covering the film industry and urban architecture.