Blockchain - Not just for Bitcoin Anymore

February 15, 2018
5:30 PM to 9:00 PM
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Renaissance Denver
3801 Quebec St.
Denver, CO 80207

Professional Development Meeting

THURSDAY, February 15, 2018

Speaker: Kurt Wedgwood

Topic: Blockchain’s Supply Chain Applications

Location: Renaissance Stapleton 


What is it and where did it come from?

Blockchain is a distributed database that maintains a continuously growing list of ordered records, called “blocks.” The database was started by Bitcoin the digital currency experiment that is now trading around $20 billion. People realized that the technology if separated from the currency system could build programs directly into a blockchain that allowed for financial instruments, like loans or bonds, into the system.  The current blockchain thinking is called “proof of stake.” Current generation blockchains are secured by “proof of work,” in which the group with the largest total computing power makes the decisions. These groups are called “miners” and operate vast data centers to provide this security, in exchange for cryptocurrency payments. The new systems do away with these data centers, replacing them with complex financial instruments, for a similar or even higher degree of security. Proof-of-stake systems are expected to go live later this year.

Join us as Kurt explains how blockchain’s traceability and transparency are some of the most important foundations of logistics. A blockchain can optimize business transactions and trading relationships with robustly secure business networks on blockchain—both at scale and globally.

Blockchain offers a shared ledger that is updated and validated in real time with each network participant. It enables equal visibility of activities and reveals where an asset is at any point in time, who owns it and what condition it’s in.

Kurt leads IBM’s Blockchain North America practice for the Retail, Consumer Product, and Travel industries. To complement his focus and to give back, he chairs Seattle University’s Innovation and Entrepreneurship Board and is a member of the Emerging Technologies Working Group of the Global Supply Chain Advisory Committee on Commercial Operations to U.S. Customs Border Patrol. Kurt lives in Seattle, WA and received his MBA from the University of Chicago.

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General Information Regarding Monthly Professional Development Meetings

Professional development meetings are made available to members and non-members monthly from September through November and January through May each fiscal year. They are usually held on the 2nd Wednesday of the month at varying locations in the greater Denver metro-area.  Make sure you check the dates below as the day of the week may vary. The meeting activities and times are listed below. Please check the monthly newsletter for special events or changes to the usual schedule.

5:30pm - 6:30 pm Networking & Registration
6:30pm Dinner
7:30pm Business Meeting
7:45pm Speaker

You may register for the meeting at  Registration fee can be processed on the website via a non-refundable credit card transaction, or at the meeting via credit card, cash or check.

In addition, reservations may be made by calling 303-421-0797 by Noon on Friday prior to the meeting.

The cost is: $30.00 Members $10.00 Students
                  $35.00 Non-members , $5.00 Speaker only with no meal.

Don't miss this important opportunity to network with professional colleagues and hear excellent speakers.

There is a $100 Giveaway Drawing at each meeting. To be eligible you must be a Colorado Chapter 81 member in good standing. If your name is drawn, you must be present at the meeting to win.