SmartCon Day 1 Synopsis
SMARTCON DAY 1
8:10 AM - SmartCon begins with a greeting from Adelyn and Rory
8:30 AM - John Wolpert from Baseline
Hints at big news in the next few weeks between Google(BigQuery), Chainlink, and Baseline
Wolpert listing companies E&Y, Microsoft, 2nd of the big 4 [accounting firms?] but not allowed to say yet
“Chainlink is quite involved with Google”
9:00 AM - China Panel begins
Connection was rough
"People in the west don’t understand but these are huge names"
-referring to FuoZhang
Adelyn: What happened in October?
Hao Chi: [The Government said?] Blockchain is one of the key technologies for the future of [China]. It is like a green light for people to embrace blockchain
10:10 AM - T Systems Panel Begins
They are a corporate node operator (5 feeds live). Makes sense for them to provide infrastructure for blockchain (both horizontal and vertical scaling). He talked through some obstacles how to get nodes running in their enterprise-grade infra (regulators, tax, profit/loss etc)
T systems currently operates a Chainlink node live on mainnet and participates in delivering market data for five on-chain Price Feeds used by the $7.3BDeFI ecosystem
T-Systems operates web3 infrastructure and soon Staking-as-a-service
10:30 AM-Spencer Dinwiddle
Talks about tokenizing his NBA contract to allow outside investors in to the space. Lots of talk about NFTs, more chit chat.
11:00 AM - RCN Panel
11:15 - OpenLaw Panel
Aaron Wright talks about integrating OpenLaw and thus Chainlink into Microsoft Word through the Microsoft App store. Bridging DeFi into the real world, digitizing real world assets and replacing traditional legal agreements.
“Governance tokens and Daos will handle real world risk around a standardized set of smart contracts”
“Report for duty Marines” - Alot of work to be done but we can transform the world
You can log on to OpenLaw and incorporate a call to Chainlink. Once the agreement is generated it can be pushed into a Microsoft Word document. Easy to understand legal agreements but underneath the hood a Chainlink call will be made. Simple plug in via Microsoft App store “soon” . Waiting on approval for listing.
OpenLaw has simplified it to the point that the data objects can be pushed into any system...excel, google sheets,.. Etc.
Can sign using Docusign… legacy systems easy to plug in
11:40 AM -Celcius Keynote
Celcius is live on Ethereum mainnet
12:00 PM - Token Listings Come To DeFi as Fundraising Mechanisms Evolve
BZRX announces deployment of V2 with launch of protocol August 31st
12:40 PM - Keynote from Aave
4:00 - Ed Felton - Arbitrum
Arbitrum Beta 2 release “very soon”
New version requires no changes to dapp code. Exact same code can be sent over to arbitrum and function
They believe they have achieved the easiest access of any one on the market
Arbitrum side chains are next. Chain run by a committee of validators - security assumption. Potentially another 10x in cost reduction
4:15 PM - RNG and Me: A Peek Behind The Random Number Generator Curtain
Chainlink allows random numbers for reliably and fair random distribution with on chain casinos, video game loot boxes, etc.
4:45 PM - How Autonomous Organisations Use DeFi To Govern Real-World Assets
DMM aiming to offer a uncorrelated and stable yield for crypto assets --- 6.25% with all assets visible.
Dmm , Teller, WOM, Curio all utilize LINK for critical procedures
6:00 PM - Fireside Chat: Synthetix and NLW
Oracles provide total value of synths/debt in the synthetic system in USD at any moment and what value of collateral is backing that debt
6:30 PM - Closing Remarks