Blockshow news-Page 4
Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future
Dan Morehead, the founder of the first crypto venture capital firm, Pantera Capital, believes that altcoins will outperform Bitcoin (BTC) over the next couple of years. Speaking at the Unitize virtual event, Morehead said that in the short-term, his firm is betting on altcoins: “And it's our opinion that these altcoins and particularly smaller cap smart contract tokens are going to outperform Bitcoin over the next couple of years.” Portfolio altcoins are up 100% He emphasized that it would be incorrect to suggest that Pantera does not believe in Bitcoin. Rather, they are of the opinion that smaller coins will …
Bitcoin / July 7, 2020
Neo Founder Says Next-Gen Internet Will Break Up Tech Giants’ Data Silos
Most of today’s internet landscape is controlled by a countable few tech oligarchs such as Facebook, Tencent and Alibaba, according to Hongfei Da, the founder of blockchain platform Neo. During the Unitize blockchain conference, Hongfei said that these companies have divided the internet into several fragments by creating their own data silos. He raised concerns about how such companies intentionally use these data silos to impede competition while also abusing user privacy for both commercial and political purposes. According to Hongfei, laying a new foundation for internet infrastructure that is more user-centric and decentralized is the best way forward for …
Decentralization / July 7, 2020
Gavin Wood: ‘Governance is Critical’ for Crypto Ecosystem
Gavin Wood, the co-founder of Ethereum and Parity Technologies, says crypto-economic systems act like “nation-states” of the internet, running on governance as a type of parliamentary democracy. Wood joined the Unitize conference on July 6 to talk about how blockchain governance essentially acts as laws for these nation-states that need to be able to adapt to stay relevant. “We haven’t really thought about how blockchain can be used as a means of actually evolving the rules of the blockchain,” the Ethereum co-founder said. “Decentralization in crypto prevents the corruption of these rules.” Screenshot of Gavin Wood speaking at Unitize on …
Ethereum / July 7, 2020
3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
In a special announcement made at the Unitize conference on July 6, Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits. The companies involved in the creation of Anchor plan to launch it across their respective blockchains at the end of Q3 this year and scale across to other PoS blockchains in the future. Do Kwon, founder and CEO of Terra, explained in a prepared statement: “While DeFi staples such as Maker and Compound have been revolutionary in creating fully decentralized crypto money markets, the volatility of …
Adoption / July 6, 2020
IPOs Are ‘Really Not Worth It’ Says Tim Draper
Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms. The billionaire investor joined the Unitize conference on July 6 to talk about investing in early stage blockchain startups. Draper’s thoughts on IPOs During the Unitize panel, Draper highlighted that existing regulations make it difficult for blockchain companies to go public. “I don’t recommend going public to anybody right now unless your company is worth at least $10 billion,” the investor said. Draper continued that it makes more sense for blockchain entrepreneurs …
Business / July 6, 2020
How Bitcoin Is Becoming Both Resistance Money and a National Security Concern
In little more than 10 years, Bitcoin (BTC) grew from a small cypherpunk community to a matter of national security with vast implications for geopolitics. At the Unitize panel titled “From Bitcoin to Fedcoin: The Next Decade of Digital Money,” Meltem Demirors, CSO of CoinShares, and moderated by Andy Bromberg, president of CoinList, actually spent very little time discussing Fedcoin and central bank currencies in general. Instead, they focused heavily on the implications of a changing geopolitical landscape, where Bitcoin is set to play a role in the upcoming war for tech dominance — while at the same time acting …
Bitcoin / July 6, 2020
Blockchain Travel Platform Lost 90% of Booking Volumes Due to COVID-19
The global travel industry ground to a standstill after governments worldwide announced strict lockdowns to prevent the spread of COVID-19. At the Unitize virtual blockchain conference on July 6, Juan Otero, the co-founder and CEO of the Binance-backed online crypto travel agency Travala, said that the platform experienced a steep drop in booking volumes. Otero stated that till February, Travala was seeing exponential growth with a consistent rise in booking volumes. But as the coronavirus pandemic reached crisis levels, the firm saw an 80–90% drop in total bookings within a few weeks. Recovery around the corner? However, it appears that …
Adoption / July 6, 2020
Expert: China's Digital Yuan Will Target the Dollar, Not Bitcoin
Having learned what it needs from the cryptocurrency space and blockchain, China will aim to rival the U.S. dollar, not Bitcoin (BTC), with its highly-anticipated digital yuan. Matthew Graham, a veteran investment banker in China and the CEO of Beijing-based Sino Global Capital — analyzed what is known so far about the forthcoming digital currency and argued that the Chinese government sees new technologies as a “leapfrog opportunity” to chip away at the dollar’s hegemony. Speaking with Boxmining founder Michael Gu at the Unitize conference on July 6, Graham said that even though it’s extremely difficult for China to internationalize …
Technology / July 6, 2020
Singapore’s Blockchain Landscape Has Grown More Than 50% Since Last Year
A collection of organizations teamed up to produce a “map” of what the blockchain landscape looks like in Singapore, and it’s a lot bigger in 2020 than it would’ve been in 2019. Announced at the Unitize blockchain conference, the map is supported by a Singaporean governmental agency called the Infocomm Media Development Authority (IMDA), and is mostly a collection of company logos organized by specific business sector. The categories here range from corporate services to smart cities to protocol and infrastructure and beyond. A notable addition for 2020 is decentralized finance (DeFi), a sector that seems to be gaining global …
Blockchain / July 6, 2020
CZ and Buterin Among Top Speakers at Five-Day Online Conference
A one-off online conference has released a list of the top speakers who are on the agenda — including prominent regulators, politicians and crypto entrepreneurs. Unitize is being organized by BlockShow and San Francisco Blockchain Week, and it is scheduled to take place from July 6 through July 10. The conference’s goal is to celebrate the industry’s progress so far in 2020 and to foster further collaboration and engagement. Live broadcasts, virtual exhibitions and fireside chats will be offered throughout the week, and topics discussed will include the potential benefits that blockchain can offer for enterprises, as well as how …
Decentralization / June 22, 2020
Live Premiere of How to Create an Event: Making of BlockShow | a Cointelegraph Documentary
Despite crypto being an almost completely digital industry, offline conferences and events are an integral part of the space. They facilitate the flow of ideas and build the groundwork for lucrative connections and networking. The worldwide consequences of COVID-19 have thrown a wrench in the vibrant array of annual blockchain events that usually span from New York to Berlin to Hong Kong. As more conferences make the choice to go virtual, it becomes unclear what the lasting effects of this new era of travel restrictions will bring. Today, Cointelegraph gathered some of the space’s leading events organizers to address how …
Blockchain / June 5, 2020
BlockShow Going Online to Celebrate ‘Lost Months of 2020’
BlockShow, an international blockchain event powered by Cointelegraph, along with the well-known San Francisco Blockchain Week, has announced its first-ever online trade show called Unitize. The gathering is going to be held digitally over a week-long period — with new content being delivered to audiences on a near-daily basis, beginning on July 6. Although the world may have ground to a halt because of the coronavirus pandemic, organizers said the community is “still building, trading and investing.” It’s hoped the virtual extravaganza will celebrate the milestones that have been reached in the “lost months” of 2020, even if many of …
Blockchain / April 30, 2020