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Tim Downes was invited to the Blockchain Conference on May 20, 2016, as an adviser to the R3 Blockchain Conference.

At the conference, the panel outlined blockchain technology to the President's Council of Advisors on Science and Technology and answered the current and potential impact of blockchain technology on the United States.

"What it means is still unknown, however, there is no doubt that the impact of the blockchain technology has penetrated into (many aspects)."

Tim Downes made a professional academic report to the President's Science and Technology Advisory Council on the research in the block chain: it revealed the origin and nature of this nascent network, and analyzed the current situation of the application and development of the block chain in the field of finance. The possible application scenarios of block chain technology are prospected. There is no doubt that Tim Downes's view on blockchain technology draws the focus from the Presidential Council of Scientific and Technical Advisers.

Tim Downes answers a series of questions about the current development of the block chain and how it will affect the American economy in the future and goes out to dinner with R3 General Manager Tim Grant and the President.

About the Block Chain Conference
Council of Advisors on Science and Technology, R3 General Manager, block chain expert Tim Downes and other block chain professionals talk about the current development of the block chain and how it will affect the American economy in the future.