How MBN took ScotChain to London with CityChain17

Following the success of its Scottish Blockchain event last September, Glasgow-based MBN took the concept on the road to London – focused on answering senior business executives’ questions relating to the emerging technology. “Blockchain has quickly become the must-know technology for fast moving and disruptive businesses,” said MBN chief executive Michael Young. “Offering efficiencies and transformational opportunities to businesses across all industry sectors, Blockchain has found itself at the centre of a lot of hype.”

Young said MBN had set out to challenge this in September last year with an event in Edinburgh, ScotChain16.  It looked at Scotland as a centre of excellence for businesses, helping others understand the realities when embracing distributed ledger technology. For CityChain17, IBM hosted MBN at its central London office in order to help in more than 150 executives understand more about the benefits of Blockchain. Nick Ayton, writer, entrepreneur and Blockchain expert commented: “CityChain17 was well organised with top line speakers that went behind the normal Blockchain veneer to deliver some very useful insight.”

Peter Ferry, of Wallet.Services, said: “CityChain17 was a great opportunity for business to better understand the role of emerging BlockChain tech. Attendees got opinion and advice from big players like IBM, industry thought leaders, and smaller innovative start-ups in this fast-moving field.  It was a privilege to round off the day with our announcement of the Wallet.Services BlockChain Platform Developer Preview, and we’ve seen many financial services attendees already sign up.”

Peter Bidewell, chief marketing officer at Applied Blockchain and a keynote speaker at CityChain17, added: “It’s clear that Blockchain is now moving from conceptualisation to implementation across many industries. With this change, the focus is shifting from the theoretical capabilities of the technology to a more pragmatic approach to filling the gaps in the underlying platforms in areas such as security, privacy and interoperability.”

Paul Forrest, Chairman of MBN Solutions, said: “Blockchain brings with it many tensions: staffing, models of operation, platform and tool selection and use cases to deliver unparalleled competitive advantage.  The problem, however, is that so much is said with so few who fully understand it that many of those empowered to explore Blockchain solutions simply feel lost.  Our event was designed to rectify this and participant feedback suggests we achieved our objectives.”