Retail and enterprise blockchain adoption trends dominated the discussions on days three and four of the ongoing virtual conference Unitize, organized by BlockShow and San Francisco Blockchain Week and sponsored by crypto derivatives exchange ByBit. The key topic that dominated discussion was blockchain adoption, which continues to spread across the globe, with governments and corporate establishments developing solutions based on distributed ledger technology. Exploring the blockchain development landscape Speaking during one of Wednesday’s panels at the conference. Yi Ming Ng, a member of the Tribe Accelerator project in Singapore, and Marloes Pomp, a blockchain consultant with the Dutch government, shed …
Speaking at BlockShow Asia 2019, Proof of Capital managing partner Edith Yeung called out American regulators for leaving blockchain-based ventures in the dark. These companies are commonly domiciled in Singapore, Switzerland, or Hong Kong because “they have no idea of what is happening in the US. They don’t want to touch it because of the legal tension.” Some exchanges are in fact leaving the US amid continued regulatory uncertainties. Last month, Poloniex spun out from Circle to form a new exchange that will not allow American customers to trade on its platform. Binance also specifically established Binance US in conjunction …
Today during a panel at BlockShow Asia 2019, a group of cryptocurrency industry leaders announced the creation of a protocol that aims to maintain privacy while complying with Financial Action Task Force (FATF) regulation. The FATF’s so-called “travel rule” requires virtual asset service providers (VASPs) like cryptocurrency exchanges to collect and share personal data during transactions. The creators of the proposed protocol say that it enables VASPs to transmit this information in a highly private and secure fashion. The consortium released a whitepaper for the protocol yesterday — it’s called OpenVASP. The whitepaper outlines a protocol that would let VASPs …
In a fireside chat with Cointelegraph Executive Editor Jay Cassano at BlockShow Asia 2019, Elixxir President Jim Dolbear announced the launch of xx coin, a digital currency that will support decentralized messaging, payments, and dApps on the associated xx network. “The way this all unfolded originally had to do with privacy associated with political expression. Who are you talking to, what are you reading?” said Dolbear. “We’re trying to allow people to control their own metadata.” In a press release shared with Cointelegraph on the same day, digital money pioneer and Elixxir CEO David Chaum said, “The xx coin and …
Speaking at BlockShow Asia 2019, Hyperledger Vice President APAC Julian Gordon described the personal impact that the Chinese president’s pro-blockchain remarks have had on him: “Xi Jinping made that announcement 10 days ago. The reason I know that is because my phone is sitting on my desk — my WeChat started buzzing and hasn’t stopped since.” Hosted by the Linux Foundation, Hyperledger is an open-source blockchain project aiming to be a hub for open blockchain development across industries. It has gathered companies from different backgrounds such as IBM, Airbus and JP Morgan Chase to further advance cross-industry blockchain technologies. Hyperledger …