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Friday, 12 April 2019

Paris Blockchain Week to Spotlight Benefits of Cryptographic Technology for Luxury Goods

Cryptographic technology provider Arianee will be demonstrating its open source protocol solution during Paris Blockchain Week (PBCW), which kicks off this weekend. Executives from the firm will also be speaking at several sessions as well as hosting an event on April 18 titled “Luxury Meets Blockchain.” Arianee said in a statement that the discussions “will highlight the incredible opportunity the blockchain technology offers to create industry-driven solutions and protocols, thanks to new financing models, decentralized governance and open source technology.” The company said it will be discussing “how the French regulation on crypto-assets is becoming one of the best in the world and what that means for blockchain projects.” Pierre-Nicolas Hurstel, chief executive officer of Arianee, described blockchain as “kind of a buzzword; most people use it without exactly knowing what’s behind it. The real disruption that comes with this technology is actually not the technology itself, but the decentralization of the governance.” Arianee’s mission is to “revolutionize the ownership of valuable objects” using the technology. Frédéric Montagnon, chairman of Arianee, said privacy and cybersecurity “have become the biggest concern regarding digital adoption for companies and individuals over the past year. It’s time to rethink the way information systems are designed in order

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