The European Commision EC has launched the EU Blockchain Observatory and Forum BOF to consolidate and grow blockchain initiatives within the European Union EU.With the support of the European Parliament, the BOF is a pilot project proposed by Member of the European Parliament Jakob von Weizscker, who is responsible for the recent report on virtual currencies. The project is intended to support the Commissions work on financial technology. This new initiative will highlight key developments of
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World Economic Forum Bitcoin Discussions Validate the Movement
The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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World Economic Forum: is Bitcoin Too Volatile to be Used as Currency?
In Davos at this year’s World Economic Forum, Bitcoin has continued to be a polarizing subject, attracting both criticism and praise from business figures, industry experts, and world leaders.
Nobel Prize-winning economist Robert J. Shiller had the following to say about the cryptocurrency: “I tend to think of Bitcoin as an interesting experiment, not a permanent feature of our lives. We’re over-emphasizing Bitcoin, we should broaden it out to blockchain, which will have other applications.” Shiller is not alone, other Bitcoin critics have conceded that they do see genuine promise in blockchain, the decentralized technology behind cryptocurrencies. Mark Zuckerberg, for example, believes it can be used to improve Facebook.
Bitcoin itself, however, has not yet convinced the large majority of its staying power, this often due to the token’s lack of stability. It hit a record high when it approached ,000 in mid-December, but then tumbled rapidly, falling to below ,000 within a few days. As we’ve seen, the token’s value has continued to shift ever since, with frequent drops and recoveries.
Cecilia Skingsley, deputy governor of the Swedish Central Bank, was also skeptical about Bitcoin during the panel session. “It’s too volatile to be used as money,” she asserted. Adding that digital currencies: “Don’t store value, they fluctuate, and they’re not at a stable rate of exchange”. This is the reason payment processor Stripe gave for its decision to end support for payments using Bitcoin. According to the company: “[Bitcoin] evolved to become better-suited to being an asset than being a means of exchange.”
There were, however, others in Davos who saw reasons for optimism. “I think this is one of the most audacious, generous and profound inventions that I’ve witnessed in my career,” said Neil Rimer, general partner and co-founder of Index Ventures SA, during the panel. “We’re nine years into this experiment. It’s gone well at times and quite poorly. It could fail completely and go to zero, but it has accomplished a number of things I think are remarkable.” With regards to regulation, Rimer conceded: “I do think [Bitcoin] needs to be regulated, just like anything I would want to become mainstream should be regulated.”
Cryptocurrencies are a diverse topic, but what’s certain is that the discussions in Davos have further brought it on to the world stage — which can only be a good thing for the cryptosphere. This sentiment is echoed in a statement by Nic Cary, co-founder of cryptocurrency wallet Blockchain, who said: “To us, we are seeing increases in transaction volume and to me, that’s one of the first indicators that more people are using this in their daily lives and that’s really interesting to me.”
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Cryptocurrencies in Davos World Economic Forum
The call for stronger monitoring of cryptocurrency was followed on Thursday by Davos Minister of Finance, high-ranking representatives of the money industry and the International Monetary Fund (IMF). US Treasury Secretary Steven Mnuchin said he was primarily concerned that Internet currencies should not be used for illicit purposes. “In the US, the same rules apply […]
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Propy to Give 50,000 PRO Tokens at World Crypto Economic Forum Hackathon
Propy, which aims to become the world’s first international real-estate marketplace, will donate 50,000 PRO tokens as rewards at the upcoming World Crypto Economic Forum’s Blockchain Hackathon. The company’s CEO and founder Natalia Karayaneva is amongst the impressive line-up of experts to speak at the conference to be held at the South San Francisco Conference Center on January 13-16, 2018.
January 10, 2018 : Propy is pleased to announce their participation in the upcoming World Crypto Economic Forum (WCEF), on January 13 through 16th at the South San Francisco Conference Center. A potential Gamechanger of the global real estate sector, Propy will give away 50,000 PRO tokens worth 0,000 as of January 8th 2018, listed on Huobi in rewards during the conference’s much anticipated Blockchain Hackathon. The tokens will be distributed from the donation pool that was set up prior Propy token sale in August 2017 in the white paper.
The World Crypto Economic Forum was founded in 2017 with a vision to support the growing blockchain community and exploring disruptive token economies in today’s rapidly evolving crypto industry. The upcoming event in San Francisco is the first in a series of events to be held around the world. The conference brings together eminent speakers and leaders like Vinny Lingham (Civic), Michael Arrington (XRP Capital, TechCrunch), Nick Szabo (smart contracts inventor), Bill Barhydt (Abra), Jeremy Gardner (Augur), Joey Krug (Pantera Capital, Augur), Spencer Bogart (Blockchain Capital) for industry changing discussions and presentations.
The Hackaton aims to gather over 300 blockchain developers and will include mentorship from the thought leaders and workshops. Propy’s engineers will supervise and help the participants. The team hopes to see creative solutions to the current real estate related issues as well as blockchains’ privacy and scalability issues.
Propy makes use of the Ethereum blockchain technology to deliver a reliable, cost-efficient, and automated platform for global real-estate transactions, all the way from search/filter properties, payment, sales, paperwork to transfers and records management. Since its launch, Propy has repeatedly been in the headlines for a landmark transaction for the Ethereum cryptocurrency by remotely transferring a Ukraine-based property on-chain and across borders. Just recently they launched a new transaction tool that has made it possible to buy and sell properties in California for BTC with a simple nine-step process.
More about Propy can be found at http://propy.com/
Natalia Karayaneva, CEO, and Founder of Propy, who will be attending WCEF 2018 said, “It is a great pleasure for Propy to be a part of the World Crypto Economic Forum 2018. We look forward to exchanging ideas with the leading blockchain engineers.”
To know more about the World Crypto Economic Forum 2018, please visit http://wcef.co/
You can register for the events here:
WCEF Hackathon – Sat, Jan 13, 2018, 9:00 AM – Sun, Jan 14, 2018, 6:30 AM PST
WCEF Conference – From Jan 15th, 2018 To Jan 16th, 2018
About Propy:
Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time. It aims to solve the problems facing international real estate transactions by creating a novel unified property store and asset transfer platform for the global real-estate industry.
Contact: Leo Kahn
Website: http://propy.com/
Email: leo@propy.com
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The World Crypto Economic Forum is bringing together some of the world’s most notable crypto leaders
Don’t miss out on the first crypto event of the year in the Bay Area
The WCEF, being held January 15 & 16th, 2018 in the South San Francisco Conference Center, will bring together entrepreneurs, crypto enthusiasts, and thought leaders to discuss the ever changing landscape of this fast evolving blockchain economy.
Just announced, Nick Szabo — computer scientist, legal scholar, and cryptographer who has spent many years developing ideas around cryptocurrencies, including the phrasing and concept of the smart contract — will be performing at the event. Michael Arrington, Founder at TechCrunch and XRP Capital, is another keynote speaker. Among other speakers are successful entrepreneurs and blockchain experts including Bill Barhydt (Abra), Joey Krug (Augur/Pantera), Justin Newton (Netki), Toni Lane Casserly (Culture), Igor Barinov (Oracles Network), Miko Matsumura (Evercoin) and others. Their talks will cover all facets of the digital economy — from blockchain tech to new economic models using tokens.
In addition to keynote presentations and panel discussions, WCEF will feature lightning talks, power networking sessions, and both a token pitch and hackathon contest.
Find more information on the website: http://wcef.co/
Get your early bird ticket now: https://www.eventbrite.com/e/world-crypto-economic-forum-tickets-40798780250
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LAToken Presents Second Blockchain Economic Forum in Singapore
Three-day high-end event with 1000attendees, 100 top-notch speakers, and well-prepared agendaaims to drive the discussion on theblockchainexpansion, innovations, and integration with our existing economy. As the total market capitalization ofcryptocurrencies surpasses 0 billion, companies raisebillions of dollarsin ICOs, and Fortune 500 enterprises implement blockchain in every industry,theBlockchain Economic Forumcomes back to facilitate the discussions of the most important topics of the cr
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Bitcoin forum shows me comments only
Like if the topic is:” how to bitcoin earn?” If I open this it will show up “Re:how to bitcoin earn?” Headlines with comments of this post. I think I have …
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500+ Industry Leaders to Design a Roadmap for Blockchain at LAT Blockchain Economic Forum
LAToken, the first multi-asset tokenization platform, will hold LAT Blockchain Economic Forum in New York on October 31 – November 1 to gather major industry players and design a roadmap for the exponentially growing crypto economy. As one of the market leaders, LAToken aims to design sustainable rules and governance framework for blockchain industry in … Continue reading 500+ Industry Leaders to Design a Roadmap for Blockchain at LAT Blockchain Economic Forum
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500+ Industry Leaders to Design a Roadmap for Blockchain at LAT Blockchain Economic Forum
LAToken, the first multi-asset tokenization platform, will hold LAT Blockchain Economic Forum in New York on October 31 – November 1 to gather major industry players and design a roadmap for the exponentially growing crypto economy. As one of the market leaders, LAToken aims to design sustainable rules and governance framework for blockchain industry in … Continue reading 500+ Industry Leaders to Design a Roadmap for Blockchain at LAT Blockchain Economic Forum
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