Russia’s Yandex Director Lauds Blockchain For More than Fintech Alone

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On December 23rd, 2015, Yandex Director for Technology Distribution Gregory Bakunov presented his views on the future of Blockchain at a recent conference in Moscow.

“People realized bitcoin was a concept no one had to accept ‘as is’ and that Bitcoin is a concept around money.But at its core, underlying it, is blockchain technology, which is very interesting as it is.”

Russia’s Yandex ranked as the 4th largest search engine worldwide, that like Google, also develops a number of Internet-based services and products.

“Blockchain could build brand new, totally magical things without even using the Internet. It is a scheme which allows for distributed construction of a monetary/non-monetary system of some kind. “

“Right now many companies I know of are working on improving the technology to apply it in the Internet of Things. The very technology of blockchain will be extensively used by the whole fintech [industry] next year. Thank god, it will go beyond it.”

Bakunov mentioned the blockchain again during his talk about artificial intelligence:

“There are lots of interesting insights, which allow using blockchain as a substrate for data transmission within an AI system. The concept is terribly interesting, and it’s about to work the next year.”

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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