Latest BlockShow News

  • Unitize Roundup: Top 10 Quotes From the Virtual Blockchain Conference
    Unitize Roundup: Top 10 Quotes From the Virtual Blockchain Conference
    Vitalik Buterin, Heath Tarbert, Brock Pierce and many more — here are 10 memorable quotes to take away from five days of the Unitize virtual blockchain conference. The five-day Unitize virtual blockchain conference organized by BlockShow and San Francisco Blockchain Week ended with the final session on Friday.
  • Unitize Conference Covers Ground, Mulls Blockchain Adoption and DeFi
    Unitize Conference Covers Ground, Mulls Blockchain Adoption and DeFi
    Day three and four of the Unitize virtual conference saw speakers focusing on the challenges of, and opportunities for, greater blockchain adoption. 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.
  • Key Short-Term Scalability Feature Still Needs Research, Says Vitalik Buterin
    Key Short-Term Scalability Feature Still Needs Research, Says Vitalik Buterin
    Stateless clients research promises to make blockchain nodes lighter without sacrificing validation, but there are stumbling blocks in their cryptography. Research into stateless clients for Ethereum is seen as instrumental for the long-term health of the network, but despite all the progress, some fundamental limitations prevent them from being applied in practice for now. At the Unitize conference, Vitalik Buterin, a co-founder of Ethereum, provided an up-to-date picture on the latest progress and problems for the stateless client transition. Stateless clients, in short, are a way to allow nodes to fully participate in validation without having to hold the entire earlier history of the blockchain.
  • Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exe
    Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exe
    The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our financial ecosystem but security remains a huge challenge. “We think security is very crucial for DeFi’s growth,” he said at the Unitize digital conference today.
  • Sergey Nazarov: Smart Contract Adoption by Enterprises About to Take Off
    Sergey Nazarov: Smart Contract Adoption by Enterprises About to Take Off
    Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick are optimistic that enterprise adoption is speeding up. Enterprise adoption of smart contracts and blockchain technology is coming to a head soon, according to Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick. The pair were members of a Unitize 2020 panel earlier today and said they were optimistic that we are moving forward at an exciting rate with both enterprise adoption, and regulation and government acceptance of the technology.
  • CBDCs and COVID-19 Top Agenda in First Two Days of Unitize Conference
    CBDCs and COVID-19 Top Agenda in First Two Days of Unitize Conference
    An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry. The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of the emerging crypto and blockchain space.
  • Polkadot Wants to Enable You to Launch Custom Blockchains in One Hour
    Polkadot Wants to Enable You to Launch Custom Blockchains in One Hour
    During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. When speaking at event on July 7, Škvorc explained in detail how to create a blockchain based on Polkadot’s modular “Substrate” architecture.
  • Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert
    Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert
    Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure. Benjamin Soh, founder of blockchain development firm STACS, said that institutional players, not business-to-consumer companies, will drive the mass adoption of financial infrastructure built on blockchain technology.  During the Unitize virtual conference, Soh said that if they could bring bank institutions to use the blockchain, millions of bank customers will automatically be a part of the blockchain finance infrastructure without them even knowing. Providing bank customers with a blockchain-based wallet while still using the traditional payment gateways will be the necessary first step towards bringing the efficiencies of distributed ledger technology to the financial system, Soh added. Asia is leading in blockchain finance Speaking about the development of blockchain-based finance in Singapore, Soh noted that except for Switzerland, there are hardly any other European countries that are as supportive of blockchain finance as Singapore.  According to Soh, Singapore is the closest to fully replacing the current financial infrastructure with one based on distributed ledger technology. He also highlighted that the governments of other Asian countries like Malaysia, Thailand, China, Japan, and South Korea were taking strong initiatives to bring distributed ledger technology into finance.  Reflecting on a similar point, Vinay Mohan, one of the early members of ConsenSys Singapore, said that the more SMEs and retail users gain access to democratized finance, the more mature Asia’s financial infrastructure will become.  Mohan stated that due to the complex nature of current banking infrastructure, 70% of South-East Asian SMEs struggle with proper digital financial services and the advent of blockchain and central bank digital currencies may pave the way to deliver banking services to those Asian businesses and
  • Global Compatibility Is A Key Factor In The CBDC Race, Says Expert
    Global Compatibility Is A Key Factor In The CBDC Race, Says Expert
    CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert. International interoperability will become the cornerstone of the CBDC race as it goes forward, according to Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong.  Speaking at the Unitize blockchain conference earlier today, Arner argued that the interconnections between different global economic systems will become “one of the biggest challenges — and one of the biggest opportunities” as more countries are becoming involved in CBDC projects across the globe. In Arner’s view, the Chinese financial system already has some predispositions for the cross-border adoption of the upcoming digital yuan project, like the renminbi swap lines which China has established with dozens of countries worldwide over the past few years: “If we think of the Chinese [CBDC] proposal at the moment, it is largely limited to operating within the context of the physical and electronic borders.
  • COVID-19 Could Accelerate Crypto Adoption
    COVID-19 Could Accelerate Crypto Adoption
    Coinbase’s former CTO believes over powered governments could lead to accelerated crypto adoption post COVID-19.
  • Dev Outlines Three Requirements for Decentralizing Gaming
    Dev Outlines Three Requirements for Decentralizing Gaming
    A veteran game developer discussed how and why the gaming industry can be decentralized at the Unitize conference. Blockchain gaming may become the next evolution of an industry that is now well into reaching market cycle maturity, according to Outplay Games’ CTO Paul Gadi. In his panel at Unitize, titled “Decentralizing Video Games,” he delivered a presentation on how blockchain can reinvigorate an industry that has fallen into what many consider predatory practices and platform lock in.
  • Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future
    Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future
    The founder of the first crypto venture capital firm believes that altcoins will eventually provide better returns than Bitcoin. 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.
  • How Bitcoin Is Becoming Both Resistance Money and a National Security Concern
    How Bitcoin Is Becoming Both Resistance Money and a National Security Concern
    Meltem Demirors and Andy Bromberg spoke at a Unitize panel on the future evolution of Bitcoin and how geopolitics is beginning to enter the ecosystem. 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 as the key to digitally “exit” from governmental control. Onshoring of mining Demirors noted that a profound change in global power dynamics began to occur in recent years.
  • Blockchain Travel Platform Lost 90% of Booking Volumes Due to COVID-19
    Blockchain Travel Platform Lost 90% of Booking Volumes Due to COVID-19
    Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic. 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.
  • Expert: China's Digital Yuan Will Target the Dollar, Not Bitcoin
    Expert: China's Digital Yuan Will Target the Dollar, Not Bitcoin
    With its forthcoming digital yuan, China will aim to rival the US dollar, not Bitcoin, say experts. Having learned what it needs from the cryptocurrency space and blockchain, China will aim to rival the US 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 the renminbi: “Swift, CHIPS, Fedwire [...] they’re antiquated, they're expensive, they're slow.