The Ramón Areces Foundation organised an engaging online colloquium entitled, “Beyond cryptocurrencies: blockchain applications in economics”. The event was attended by Juan Manuel Corchado, director of the BISITE Research Group and president of the AIR Institute; Miguel Ángel Sicilia, from the University of Alcalá, and Miguel Jerez Méndez, from the Social Sciences Council of the Ramón Areces Foundation, who shared their knowledge and opinions on the current applications of blockchain.

The Foundation has a long history of promoting scientific research in Spain. Supporting talent, scientific capabilities and the work of young Spanish researchers and professionals. In this regard, they have launched a series of informative conferences on current topics and on this occasion, blockchain has been the main protagonist, with the aim of delving into other uses that it has in the economy, beyond cryptocurrencies.

Defining Blockchain

“Blockchain is an inalterable digital ledger that stores all the transactions of a set of users. This electronic system can be programmed to record not only financial transactions, but virtually everything of value.”

Corchado presented some of the many applications that blockchain currently has, such as smart contracts, property registers and virtual currencies. He also presented the main projects of the BISITE group and the AIR Institute which involve blockchain.

Projects such as Noixion, a video and streaming platform with cryptocurrencies for views as a form of payment.

Innoblockchain: a tool for certifying email delivery with blockchain.

Sostvan: tracing cattle using blockchain. Producers will have the opportunity to increase the profitability of their farms and provide end consumers with quality products that will be inspected and controlled using blockchain technology to improve traceability, transparency and food safety in the value chain.         

Chainwines: wine traceability using blockchain. A project we carried out with Pago de Carraovejas, one of the most important wine companies in the country.

Deep Intelligence: a solution based on Machine Learning algorithms, which transforms data into valuable information and helps companies make better decisions.

The day ended with an interesting debate among the speakers. Here is the recording of the event, which was undoubtedly a great success.

Posted by Juan M. Corchado

Juan Manuel Corchado (15 de Mayo de 1971, Salamanca, España) Catedrático en la Universidad de Salamanca. Ha sido Vicerrector de Investigación desde el 2013 hasta el 2017 y Director del Parque Científico de la Universidad de Salamanca. Elegido dos veces como Decano de la Facultad de Ciencias, es Doctor en Ciencias de la Computación por la Universidad de Salamanca y, además, es Doctor en Inteligencia Artificial por la University of the West of Scotland. Dirige el Grupo de Investigación Reconocido BISITE (Bioinformática, Sistemas Inteligentes y Tecnología Educativa), creado en el año 2000. Director del IOT Digital Innovation Hub y presidente del AIR Institute, J. M. Corchado también es Profesor Visitante en el Instituto Tecnológico de Osaka desde enero de 2015, Profesor visitante en la Universiti Malaysia Kelantan y Miembro del Advisory Group on Online Terrorist Propaganda of the European Counter Terrorism Centre (EUROPOL). J. M. Corchado ha sido presidente de la asociación IEEE Systems, Man and Cybernetics, y coordinador académico del Instituto Universitario de Investigación en Arte y Tecnología de la Animación de la Universidad de Salamanca e investigador en las Universidades de Paisley (UK), Vigo (Spain) y en el Plymouth Marine Laboratory (UK). En la actualidad compagina toda su actividad con la dirección de los programas de Máster en Seguridad, Animación Digital, Telefonía Movil, Dirección de Sistemas de Información, Internet de las Cosas, Social Media, Diseño e Impresión 3D, Blockchain, Z System, Industria 4.0, Gestión de Proyectos Ágiles y Smart Cities & Intelligent Buildings​, en la Universidad de Salamanca y su trabajo como editor jefe de las revistas ADCAIJ (Advances in Distributed Computing and Artificial Intelligence Journal), OJCST (Oriental Journal of Computer Science and Technology) o Electronics MDPI (Computer Science & Engineering section). J. M. Corchado desarrolla principalmente trabajos en proyectos relacionados con Inteligencia Artificial, Machine Learning, Blockchain, IoT, Fog Computing, Edge Computing, Smart Cities, Smart Grids y Análisis de sentimiento.