Coordinator of SPb BlockChain Community Dmitry Plakhov: blockchain is an indispensable part of Russian transformation

Coordinator of SPb BlockChain Community Dmitry Plakhov: blockchain is an indispensable part of Russian transformation

As claimed by a coordinator of the St. Petersburg community of blockchain developers, the distributed ledger technology will embark on a true path of development only when a state understands the need of its broad introduction. On November 20, the expert will take part in the panel discussion titled ‘Evolution of the blockchain technology – period of experiments’.

In his interview to Blockchain Conference Moscow, the expert singled out the difficulties the technology faces and provided a forecast of a blockchain revolution.

Interviewer: Blockchain Conference Moscow (BCM).
Respondent: Dmitry Plakhov, a coordinator of the St. Petersburg community of blockchain developers (DP).

BCM: In your opinion, which blockchain related changes will become key the current year?

DP: At the community of blockchain developers, we observe how key figures in the sphere of technology development were shifting their attention from C2C solutions to B2B ones within the last year.

There appeared some mature blockchain-based platforms to be used in corporate and banking segments. Selection of an appropriate consensus protocol for B2B and B2C solutions appears to be one of the hotly debated discussions of the current year.


BCM: Which industries are most likely to undergo a blockchain revolution?

DP: As Karl Marx stated, for a revolution to spark, masses should express their dissatisfaction with the current life order while authorities cannot stick to the old management strategies.

Thus, the distributed ledger technology will embark on a true path of development only when a state understands the need for its broad introduction. Before a revolution, we would observe only small-sized individual experiments.


BCM: Does the current legislative framework allow to conduct individual experiments with the technology?

DP: As the President of the Russian Federation stated in his May decrees, blockchain is an indispensable part of Russian digital transformation.

One should draw a difference between the technology and a social-economic trend of crypto-anarchism adopted by various groups of people. I suppose that this concept will not gain popularity in the nearest future, and the technology will prove to be helpful in a range of state economic fields.


BCM: Which obstacles and difficulties has the technology come over recently?

DP: First, a problem of developers’ adoption. Those who are accustomed to convenient client-server apps will have to learn a new DAO-based paradigm.

Second, a challenge of recognition. A lot of people still cannot tell the difference between the terms ‘blockchain’ and ‘bitcoin’. Communities of technology experts play a vital role in this case. They share appropriate information among beginners and prevent any rumors or speculations. Our community is an example.


BCM: What is your forecast in terms of the technology future? Could you describe blockchain further development?

DP: We anticipate massive cases of blockchain implementation from vendors in the forthcoming year. They automate routine processes in various spheres.


Meet the crypto expert at our conference to find out more about blockchain further development!

Buy a ticket
Meet new speakers and key news of the conference