Izertis and BSM – Pompeu Fabra University create a chair on Blockchain

Blockchain technology is undoubtedly a really ingenious invention. To begin, by the origin of it, a creation that many attribute to a group of computer geniuses hidden under the pseudonym of Satoshi Nakamoto. But also because of the way it has evolved, by allowing digital transformation to be distributed (but not copied) and by setting up the new internet backbone.

The School of Management (BSM) of Pompeu Fabra University and Izertis have signed an agreement to create the Izertis Chair, through which they will seek to generate knowledge related to the Blockchain and other DLTs, as well as to extract learning to improve the processes of decision making.

The objective is no other than to train professionals specialized in this discipline. For this, the teachers and researchers of BSM will be responsible for generating knowledge about Blockchain technology, always with the objectives of satisfying the needs that society may have.

The birth of this chair is a strategic commitment of Izertis on Blockchain and on strengthening the team dedicated to this technology in Catalonia, and it has been carried out thanks to the collaboration with Alastria.

The consultant will grant scholarships to people who wish to pursue the postgraduate course on Blockchain at the BSM and will welcome trainees to complete their training. Also, they will give three prizes to the best postgraduate final projects and will organize informative activities such as hackathons, congresses and conferences.

Izertis is already a reference in the development of technologies and solutions linked to the Blockchain. For example, they have developed the platform of the Provincial Government of Bizkaia and work on projects for companies such as CAPSA and Petronor, among others.

Beyond Bitcoin

The biggest reference of the Blockchain is undoubtedly the Bitcoin, but there is much beyond this volatile digital currency. The potential uses offered by this technology are innumerable: smart contracts, collaborative economy, crowdfunding, e-government, file storage, prediction, protection of intellectual property, Internet of Things (IoT), stock markets… The short, medium and long term impact will be really high.

But, what is Blockchain really? It is, in a simple way, a blockchain that integrates a series of immutable and time-stamped data, which are managed by a group of computers that are not owned by a single entity and that are secured and linked together by cryptography.

By not having a central authority, the Blockchain is the very definition of a democratized system: it is a transparent system by nature, since the lack of a single authority makes the system fairer and considerably safer.