Blockchain Discussion with David Achkar at Bedivere

A big thank you to David for sharing his thoughts and views with us last night. The attendees included parts of the Bitcoin Blockchain Beirut, Nerd Fun Lebanon as well as the Beirut Open Source Society groups.

Apart from the future of bitcoin and the blockchain, we also discussed other topics varying from giving the underprivileged youth free access to computers, gender discrimination & reasons behind the lack of females in IT and fecal spectrum analyzers. Yes, you read that right.

Looking forward to having David with us again sometime in the future whenever he’s in town next for more invigorating discussions!

Blockchain Technology Talk with David Achkar

Exploring the Future of the Blockchain

Soon after the creation of the open source blockchain technology, Bitcoin, it established itself as the standard for electronic payments on the Internet. With Bitcoin’s growing popularity, a defined set of people seemed to be carving out a specialized niche in the world of finance. Bitcoins defined a new way of doing things financially. The currently known way is manifested by the centralized control of the creation of currency. Bitcoins are characterized as an electronically distributed creator of another.

Differences between centralized, decentralized and the distributed blockchain technology

The look and feel of the centralized control of the creation of currency is known to us. It is the cash we carry in our pockets, the cash that we exchange for goods or services when we make our purchases. It is common and generally known to all.

The look and feel of a distributed creator of currency on the other hand is unknown to virtually all of us and at best we can visualize it as data passing through cables, something that couldn’t have existed without the creation of modern and advancing technology.

Yet the communities of developers who created Bitcoin and other cryptocurrencies have a deeper understanding of the blockchain. As a member of that community who took part in an entrepreneurial role, David Achkar, is also an advocate for Bitcoins in the Middle East.

The Meetup

Join us on Thur 23rd March at 7:30pm at Bedivere in Hamra for a casual get-together with David over drinks and get the chance to pick his and each others’ brains concerning the most fascinating event in the fields of money, finance and new technology.

Meetup page: https://www.meetup.com/Beirut-Open-Source-Society/events/238408168/