Consensus 2016 Panelists Debate Blockchain's Business Impact

▤ Summary

Speaking at today’s Consensus 2016 blockchain conference in New York, leaders from those firms, alongside legacy players looking to build new products for their clients, painted a broad portrait of how distributed ledgers are positioned to change much more than how we control and spend our money. “The growth the the bitcoin network globally gives value to what we’re doing,” said Gonzalez while speaking on a panel of entrepreneurs working to bring digital currencies to emerging markets. Jones said his company, which earlier today announced it has joined a blockchain policy group with Microsoft, didn’t have any problems insuring cars or other property owned by a single party. “It offers utility as a method of payment that gold doesn’t.” Chou’s startup is currently awaiting regulatory approval from the CFTC to build an institutional trading and clearing platform with an eye to helping create a robust derivatives market. Panelist Vinny Lingham said he’s got a personal interest in protecting identity as the owner of a South African passport he says is so frequently counterfeited that many countries not loner accept them.

▦ Linked Companies

Blockworx, Inc.

$1M to $5M