COALA Blockchain Studio discusses the unlimited potential of blockchain technology

Rage Comment : COALA is an initiative dedicated to improving transparency in the blockchain field and reducing legal uncertainty; it has successfully established studios around the world, including Harvard and MIT in Massachusetts, Stanford University in California, London, Hong Kong and Sydney. At the Blockchain Studio Conference of the Stern School of Business at New York University on April 4-5 this year, professional speakers from all over the world said that blockchain technology has a wide range of applications. The purpose of COALA's creation of a global studio is to gather global experts to conduct cross-disciplinary research on blockchain technology and application fields, and to prepare for the actual implementation of blockchain technology.

Translation: Annie Xu

COALA is an initiative dedicated to increasing transparency and reducing legal uncertainty in the blockchain space. It has successfully established studios around the world, including Harvard and MIT in Massachusetts, Stanford University in California, London, Hong Kong and Sydney. On April 4-5 this year, it established a blockchain studio at the Stern School of Business at New York University.

The COALA Blockchain Workshop in New York brought together 150 experts in the field of decentralized cryptocurrency and blockchain technology, including senior developers, academics, investors, and lawyers, to discuss the rapid development of blockchain technology and exponential application development.

Filipino Primavera

COALA co-founder Primavera de Filippi said:

“NYU’s Blockchain Studio is an important event in the blockchain field and a true disruptor; it includes many cutting-edge blockchain-based applications. Global entrepreneurs and engineers gathered in New York, and everyone brought something very valuable to the audience. COALA is committed to creating new opportunities for people from different Internet backgrounds and helping them gain insights from people who may become their future colleagues.”

Our panel believes that blockchain and decentralization will continue to reshape the financial and technology sectors, and also show great promise in other areas.

The event brought together expert speakers from around the world to explore the challenges and opportunities that blockchain technology will face, as well as its impact on the current social, economic and political order. Keynote speakers included Frank Pasquale, professor of law at the University of Maryland, and Henning Diedrich, senior software engineer at IBM.

David Orban

David Orban, Managing Director of Network Society Ventures, said:

“Decentralized technology is radiating to the energy industry, manufacturing industry, food industry, health industry, education industry, security industry, and even government departments and policy making, not just the financial industry. Some people point to Bitcoin and blockchain technology and call it a temporary fad, but this is not the case. It is part of a deep and large-scale change, which brings concrete and huge wealth creation opportunities.”

The event’s focus speeches included the differences between blockchain technology and traditional technology, how institutions view blockchain investment (and adoption), regulatory changes for blockchain technology, blockchain’s potential to reshape institutions, and more.

Vlad Zamfir

Vlad Zamfir, a researcher on the Ethereum project, has been participating in COALA’s blockchain workshop since January 2015. He said:

“I think it’s critical that people working in the blockchain space come together to coordinate on different issues at the intersection of technology and society, rather than working in corners of the technology. COALA lets us engage with governments, policymakers, investors, and other developers so that we can see our work in a broader context. It gives me the best place to think about the impact of this technology on society.”