The fourth edition of Web Summit has kicked off in Lisbon, Portugal.
Web Summit Lisbon has just begun, with over 13,000 participants across the entire event. Delegates are taking part in talks on topics such as Blockchain and cryptocurrencies, Artificial Intelligence (AI), machine learning, and other promising technologies. The conference will include 400 talks over the course of four days that covers everything from cryptocurrencies to AI to fintech.
The blockchain tracks will feature discussions about regulation, technology updates for developers, and more cutting-edge use cases for distributed ledger technology (DLT).
Lisbon’s tourism board, Turismo de Lisboa, announced that Web Summit has officially become the biggest tech event in Europe. According to their press release, this year’s edition of the conference had over 100,000 attendees and 1,000 speakers from over 100 countries.
Web Summit Lisbon Rises Hopes
The news was revealed by João Vasconcelos, Portugal’s secretary of state for the economy, who said: “Congratulations to everyone at Web Summit and its team on being named Europe’s largest tech event! This is another major achievement for our country as we continue our mission to position Lisbon as one of Europe’s top destinations for business tourism.”
The press conference was dedicated to today’s hot topics of cybersecurity and Bitcoin. The panel included representatives from Microsoft, Facebook, Google, Amazon and other big companies. The experts discussed how to protect your data in the digital age.
The most important question during the conference was “how do we protect our information?” The answer is: “You need a decentralized platform.” It will help you keep your personal data safe from hackers and governments by storing it in encrypted form on multiple computers around the world.
In his speech, Scott Hammond, the founder of BitGive Foundation, shared his vision of the future of cryptocurrencies and philanthropy.
He believes that cryptocurrencies can be used to help solve global challenges such as poverty and environmental issues. The transparency brought by blockchain technology will make it easier for donors to see exactly where their money goes and how effective it is in solving problems.
The entrepreneur also spoke about his experience with bitcoin donations for charitable causes: “I was shocked when I saw that over a period of 2 months we raised about $50k worth of bitcoins.”