Use of blockchain technology boosts the democratization of many spheres of life, Ethereum co-founder

Use of blockchain technology boosts the democratization of many spheres of life, Ethereum co-founder
14 September 2018

The use of blockchain technology can help to avoid overregulation and boost the democratization of many spheres of life. This is the idea articulated by co-founder of the Ethereum Platform, Vitalik Buterin, at the 15th Annual Meeting of the Yalta European Strategy (YES) “The Next Generation of Everything”, organized by the Victor Pinchuk Foundation.

“It allows people to cooperate, sign contracts without collecting all the data in one place. Users receive and share data, but no one person has full control ... Technology brings about dramatic changes in many areas. Like the Internet, it contributes to democratization,” he said.

However, while Vitalik Buterin highlighted the number of positive use cases of blockchain technology, he also noted its use on the black market poses a risk to its future.

The official Twitter handle of the 15th YES Annual Meeting is @yes_ukraine, and participants and followers can include the hash tag: #YESUkraine2018

Partners of 15th YES Annual Meeting:
Arawak Energy, Hillmont Partners, lifecell, International Renaissance Foundation, Western NIS Enterprise Fund (WNISEF).

Media partners of 15th YES Annual Meeting:
Dzerkalo Tyzhnya (DT.UA), European Pravda, ICTV, Liga.net, Novoye Vremya Strany (NV), PRYAMIY Channel, Radio NV, The Kyiv Post.

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Shimon Peres, President of the State of Israel
Shimon Peres, President of the State of Israel, 8th Yalta Annual Meeting, 2011
«Science is the only reserve for global development »