On May 16th 2017, Blockchain Canada has hosted a special meetup dedicated to insurance industry's use case. Cristina Ignatenco from Manulife was a keynote speaker of the event and presented her views of challenges and opportunities of the new technology from the insurance industry's perspective.
The presentation again highlighted the strong appeal of private consortium blockchains to large corporations. However, we believe that this use case significantly waters down the benefits of distributed ledger technologies. It also raises potential antitrust issues and makes us wonder what happens to all the data when a corporation decides to join another consortium.
Arkilio was also asked to present as one of the three winners of the BlockgeeksLab Hackathon. Unfortunately last week's update of Web3.js libraries has destabilized our hackathon demo and Mark Gituma and Tom Yano had to work overtime to ensure we have something to present.
Mark and Tom delivered and our presentation and demo was received well. Kregg being a practicing architect can tell the Arkilio story in a way that people can relate to. Many follow up questions confirmed our feeling that we are pursuing a goal that people can understand and see the tremendous benefits of.
Thank you Alan (Blockchain Canada) for organizing this event and thank you to all those people that showed up and asked questions.