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.
  • DLT Voting Would Likely Benefit Democrats: UNSW Professor
    DLT Voting Would Likely Benefit Democrats: UNSW Professor
    Professor Richard Holden thinks exploring distributed ledger technology for voting in US elections could put voter fraud lawsuits to bed. Richard Holden, an economics professor at the University of New South Wales Business School, says using distributed ledger technology could allay Republican concerns over mail-in voter fraud — but would likely benefit the Democratic Party.  Holden spoke at the Unitize conference on July 9 on The Law and Economics of Blockchain.
  • Smart Contracts ‘Have Limited Potential’ Without IoT Sensors
    Smart Contracts ‘Have Limited Potential’ Without IoT Sensors
    Smart contracts in the trade sector will need to rely on IoT sensors to live up to their full potential new research suggests. Smart contracts have limited efficiency in certain industries if not implemented in conjunction with IoT sensors according to experts in blockchain and business from NYU.  Stern School of Business Associate Professors Hanna Halaburda and Yannis Bakos presented their research at the Unitize conference July 10 on the interaction between smart contracts and Internet of Things (IoT) sensors in improving business efficiencies. Smart contracts make business more democratic The study looked at how “smart contracts will make the business landscape more democratic” — that is, beneficial for all parties involved — however it found shortcomings in the current implementation of the technology when used alone. Halaburda explained that IoT is critical for maximising the benefits of smart contracts within the trade sector: “It turns out they solve a problem, but only partially,” she said, “but what doesn’t happen, if we just add smart contracts, is the higher quality of delivery [of goods].” Citing a contract between a fruit shipping company and the retailer, she explained that the smart contract solves the problem of automated execution, but does not incentivize the shipping company to ensure the quality of the fruit. However, when adding IoT sensors into the process, a smart contract can have increased detail  or adjusted payments based on the quality of the fruit delivered, such as the temperature of storage.
  • ‘Libra Will Never See The Light Of Day’: Monetary Historian
    ‘Libra Will Never See The Light Of Day’: Monetary Historian
    Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. UC Berkeley professor Barry Eichengreen argues that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments, to ever launch. “Libra is an interesting idea that will never see the light of day,” he told the Unitize conference on July 10. Eichengreen asserts that the stablecoin sector is largely ignorant of monetary economics and history.
  • WEF’s Sheila Warren: Mass Adoption Depends on Bridging Digital Divide
    WEF’s Sheila Warren: Mass Adoption Depends on Bridging Digital Divide
    The Head of Blockchain at the World Economic Forum says people excluded from traditional financial systems will help drive mass adoption. The World Economic Forum’s head of blockchain and data policy, Sheila Warren, says that people who have turned away, or been excluded, from traditional financial systems are the ones most likely to drive mass adoption.  Warren spoke at the Unitize conference on July 8 on the path to mass adoption with moderator Shira Frank.
  • Bitso Hits 1M Users as Crypto Adoption Spikes in Latin America
    Bitso Hits 1M Users as Crypto Adoption Spikes in Latin America
    Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch. Bitso, one of the biggest cryptocurrency exchanges in Latin America, has hit 1 million users prior to its upcoming launch in Brazil. Santiago Alvarado, director of cross-border payments at Bitso, discussed the latest developments in leveraging crypto for cross-border payments in Latin America during a Unitize panel on July 8.
  • Business Consensus May Be Blockchain’s Main Challenge
    Business Consensus May Be Blockchain’s Main Challenge
    Dr Ali Loveys says the biggest challenge in the blockchain space is not about the tech, but rather defining the right business value. During a Unitize panel on Wednesday, Ali Loveys commented that the biggest challenge in  the blockchain space is not the technology itself, but rather whether the business model or values make sense or not.  Dr Ali Loveys, the Chief Privacy Officer at ConsenSys Health, has over 30 years of experience in emerging technology strategy, adoption, and optimization in healthcare.
  • Researcher: Exchanges Could Fight Hackers By Renting Mining Power
    Researcher: Exchanges Could Fight Hackers By Renting Mining Power
    A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting mining power from online marketplaces. 6 confirmations ticking countdown Nuzzi conjectured that an exchange which has been hacked could rent enough hashpower through an online marketplace to force a favorable network reorganization: “So it is essentially a technique to try and reorg yourself by renting mining power and doing that work where if you’re an exchange and you've been hacked, within those six work confirmations that the network is expecting to be considered final But through mining, you could potentially, within those six blocks alter a transaction where your hot wallet has been drained.
  • 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.
  • Brock Pierce Reveals Motivation Behind Surprise Presidential Bid
    Brock Pierce Reveals Motivation Behind Surprise Presidential Bid
    Crypto venture capitalist Brock Pierce said his presidential campaign would reach out to younger voters and technological innovators. Crypto venture capitalist Brock Pierce has revealed his campaign to become the next US president will focus on creating a country where technological innovation is allowed to flourish. Pierce spoke at a Unitize conference fireside chat on July 7.
  • IPOs Are ‘Really Not Worth It’ Says Tim Draper
    IPOs Are ‘Really Not Worth It’ Says Tim Draper
    Serial blockchain investor Tim Draper welcomes diversity in terms of funding blockchain and crypto startups. 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.
  • 3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
    3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
    Cosmos, Polkadot, and Terra have announced “Anchor.” 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 their interest rates makes them unsuitable to be used as a household savings product.