What Will Happen to Blockchain in the Following Decade?

Wanxiang Blockchain
3 min readJul 19, 2019

The Global Blockchain Summit, one of Asia’s most popular blockchain events, has set it course for Shanghai International Blockchain Week 2019 from September 16 to September 18, themed as “New Economy”

It’s been a decade since the release of Bitcoin whitepaper, during which the evolution of blockchain technology has been conspicuous, with its performance, scalability, privacy design remarkably improved.

What will happen to the blockchain industry in the next decade? This is exactly what Shanghai International Blockchain Week 2019 is trying to explore. With the theme of “New Economy: New Decade, New Beginning”, the three-day Shanghai International Blockchain Week 2019 is composed of Demo Day and the 5th Global Blockchain Summit.

With all the rapid development happening in the industry, blockchain and its applications are changing the way we conduct business and participate in societal processes. Is there to be a new star project? On Demo Day, excellent blockchain-oriented startups and projects, with their respective field of applications, will be presenting their progress and development to industry participants, providing a unique opportunity to understand the potential values of blockchain technology. It’s also worth mentioning that many of the projects made their debut at Wanxiang Blockchain Demo Day have obtained great development and been the industry benchmarking projects, such as Cosmos, Qtum, imToken, VeChain, and more.

Blockchain has shown remarkable momentums and impacts. With the progress and applications brought by technologies such as cross-chain and privacy-preserving computing, the next ten year will mean a lot to blockchain’s mainstream adoption. Standing at the new beginning of a new decade, will blockchain lead us to a future that had never been imagined before? The 5th Global Blockchain Summit will invite vanguards and representatives from various industries to explore the possible commercial applications and share their insight regarding the developing trends of blockchain in the new decade.

More Details about the Event

Sept 16th: Demo Day

Sept 18th-19th 5th: Global Blockchain Summit

Location: W Hotel, Shanghai, China

Number of expected participants: 2000+

Event Website: http://www.blockchainlabs.org/week2019

Register at https://www.eventbrite.com/e/shanghai-international-blockchain-week-2019-wanxiang-blockchain-labs-tickets-63187962898

History of the Event

Global Blockchain Summit, is initiated by Wanxiang Blockchain Labs in 2015 and held annually in Shanghai since then. What makes it different from other blockchain events is that it is content-based. Every year, the event gathers world-known technicians, entrepreneurs, academics, investors, and representatives from various industries to share the professional insight on blockchain latest development, challenges and opportunities facing. Vitalik Buterin, Nick Szabo, David Chaum, Silvio Micali, Patrick Byrne and many other industry vanguards have been the speakers of past four years’ event.

October 2015: The 1st Global Blockchain Summit, with over 300 participants.

September 2016: Shanghai International Blockchain Week 2016, including Devcon2 and 2nd Global Blockchain Summit, with over 700 participants.

September 2017: The 3rd Global Blockchain Summit, with over 1200 participants.

September 2018: Shanghai International Blockchain Week 2018, composed of Wanxiang Blockchain Hackthon Shanghai, Tech Open Day, 4th Global Blockchain Summit, with over 2000 participants.

About Organizer

Funded by China Wanxiang Holdings, Wanxiang Blockchain Labs is a non-profit research institution focusing on Blockchain technology. Wanxiang Blockchain Labs provides support for the research, entrepreneurship, developments and applications in the industry. It will also provide reference information for regulatory bodies. Overall, Wanxiang Blockchain Labs dedicate itself to the promotion and application of Blockchain industry, and to explore how the technology will be contributing to the development of the economy and the society.

As the first research organization in China and determines to devote itself to promote the development of blockchain technology globally, Wanxiang Blockchain Labs has been hosting global blockchain summits in China, which have become one of the most influential industrial events in Asia. Through these efforts, participants from various industries have showed great interest in blockchain technology and the known the potential of what it could bring to the world.

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Wanxiang Blockchain

Wanxiang Blockchain is dedicated to building an open platform and offering resources to develop blockchain and promote its application in different industries.