Blockchain- Hype or Hope?

We’re super excited about Tech for Good’s Blockchain- Hype or Hope? Event at Techspace, London, 14th November.

Tech for Good’s Ellie and Dama say:
“Blockchain has been heralded as the next big thing in the social sector and has fast risen from emerging trend to a disruptor in the development and humanitarian space alone. But can it really address some of the social and environmental challenges we’re facing? In this meetup we’ll explore the role of blockchain technologies in helping to address the world’s challenges. We’ll hear lightning talks from ‘blockchain for good’ pioneers, before breaking into a panel discussion around whether this tech offers hype or hope.”

At Oxygen we believe that Blockchain could enable positive systematic change: things that we live and breathe at Oxygen. However, there’s a lot of hype surrounding blockchain, and more specifically the idea that some people are making large sums of money – and this kind of attention can be distracting.

We see the technology as a means to delivering our end goal: incentivising and rewarding the co-creation of systems-changing impact projects.

For a bit of background:
It’s so new. It’s a bit like the internet was 40 years ago; largely unknown but game changing. New to blockchain? Start with Richie Etwaru’s TEDx talk or Block Geeks’ What is blockchain technology

“Bitcoin will do for payments what email did for communication…”- Shaping Tomorrow

Blockchain’s already doing great things across a range of sectors as well as transforming how we think about financial accountability and transparency as concepts. To get you thinking, Hype and Hope has phenomenal speakers such as Cécile Baird, Raphäel Mazet, David Shepherdson and Sally Eaves.

We’ve compiled some of the ideas that inspire us most, ready for next Tuesday.

Across education….
“Welcome to 2026, where learning is earning. Your ledger account tracks everything you’ve ever earned in units called Edubucks….”- Learning is Earning

Across the financial system…
“As revolutionary as it sounds, Blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved….”– Ian Khan

Across agriculture…
“…
Getting paid for labor is a big challenge in the farming world, and Blockchain can alleviate part of that.” Liz Reitzig, Founder of Nourishing Liberty, in Growing the garden: how to use blockchain in agriculture

Across engineering…
“[Blockchain has the] potential to provide transparency and traceability could help to assure supply chain provenance, maintenance cycles, and the monitoring of Internet of Things networks…” – Insight report on distributed ledger technologies, The Alan Turing Institute and the Lloyd’s Register Foundation

But will the blockchain bubble burst?

Blockchain solves some tough problems, but it could create more. In its 9 year history, Bitcoin’s had ups and downs and acted as example for the rest of the blockchain world.Is blockchain the solution no-one’s looking for? …

“ [Since Bitcoin] No other blockchain-based software initiative seems to be at any real risk of hockey-sticking into general recognition, much less general usage….” –Jason Bloomberg

What do you think?

Inspired? Want to join us? Sign up for Blockchain-Hype or Hope? at Techspace, London, 14th November.

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