Category Archives: Decentralized 2018

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PR: International Speakers Analyze Steps Towards a “Decentralized Future” at Europe’s Premier Blockchain Conference

Bitcoin Press Release: Over 120 global experts and industry leaders discussed the road towards a “Decentralized Future” at Europe’s Premier Blockchain Conference – Decentralized 2018, Athens, Greece.

Nov 25th, 2018, Athens, Greece –  This year’s annual DECENTRALIZED conference, powered by the University of Nicosia (UNIC), was held in Athens, Greece, following last year’s tremendously successful inaugural summit in Cyprus. DECENTRALIZED focuses on the business, technical, political and societal implications of blockchain technologies, across several key industries, along with analyses of the long-term implications of the blockchain, decentralization and cryptocurrency.

More than 120 international speakers, business executives, academics, and technical experts (including Garrick Hileman – Blockchain.com, Eva Kaili – MEP, Llew Claasen – Bitcoin Foundation, Susanne Tarkowski – Bitnation, Spiros Margaris – Fintech expert, Roger Ver – Bitcoin.com, Jameson Lopp – Casa) shared their insights, expertise and ideas concerning the up-coming blockchain revolution and cryptocurrencies. Moreover, 20 companies from Greece and abroad participated as exhibitors, presenting their innovative products and services to over 1,000 delegates, mainly business executives, as well as academics, researchers and students.

DECENTRALIZED 2018 engaged with the impact of blockchain technology in areas such as financial services, supply chain management, health, public administration, and education. The conference also featured interesting thematic discussions on the impact on legislation and the regulatory framework (e.g. GDPR); the formulation of policies at the European level; the social and ethical dimensions of the blockchain; and other key areas. In parallel, the latest technological developments, as well as scientific papers, were presented and debated, particularly as regards the convergence of the blockchain with other technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT).

DECENTRALIZED embraces all related stakeholders, including both professionals and academics at the forefront of related technologies, and is part of UNIC’s wider Blockchain Initiative, recognizing that “these are steps towards an unavoidable decentralized future, which will unfold very quickly over the next five years”, according to UNIC CEO, Antonis Polemitis. “Our role as a university”, Polemitis continued, “is focused on being on the cutting edge of these technological advances, both on a theoretical and practical level.”

In recognition of its groundbreaking work in the field, the University of Nicosia was awarded the title of “Biggest Contributor to the Rise of Blockchain in 2018” at this year’s annual Blockchain Expo, held in RAI, Amsterdam. The distinction at the inaugural Blockchain Awards was earmarked for an organization that has demonstrated excellence in the strategy, application, or effectiveness of blockchain technologies over the past year.

Another related development confirming UNIC’s standing as a “leading global provider of education and research in blockchain technology and cryptocurrencies”, as noted by Polemitis in his opening address at DECENTRALIZED 2018, is UNIC’s active involvement in Ripple’s University Blockchain Research Initiative. Through this multi-year, multi-million dollar initiative, Ripple is funding basic and applied research at some of the leading universities in the field of blockchain technology and cryptocurrency, including UNIC, MIT, Stanford, Princeton, Wharton, UCL and others.

The above are indicative of UNIC’s activity in pushing the envelope in university adoption of blockchain technology, continuing a five-year track record of global “firsts” in academia and blockchain/cryptocurrency. With regards to DECENTRALIZED, the flagship conference will repeat annually, providing a platform to collectively work towards harnessing the latest innovations and tackling the many challenges that lay ahead in the expanding blockchain ecosystem.

More information regarding the DECENTRALIZED conferences and chapters can be found at: www.decentralized.com.

Decentralized 2018 is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Blockchain.com Says Stablecoins Largest Growing Blockchain Category Since DLT

Head of research at Blockchain.com and co-founder of Mosaic, Dr Garrick Hileman, said that stablecoins have become the fastest growing category in the blockchain ecosystem since the rise of interest in distributed ledger technology (DLT) in 2015.

This is partly based on funding levels; stablecoins have raised over USD 50 million in venture funding, making it one of the most well-funded categories in cryptoassets. ”I haven’t seen this level of activity in the blockchain ecosystem since the interest in DLT in 2015. This is the largest growing category I have seen since then,” said Hileman in his ‘The State of Stablecoins’ keynote speech at today’s Decentralized 2018 blockchain conference in Athens, Greece.

There are two types of stablecoins, as he outlined, asset-backed and algorithm-backed. Algorithm-backed stablecoins adjust the supply in line with demand. ”Imagine an algorithmic stablecoin that sees a spike in demand and goes up to USD 1.05 when it supposed to be at USD 1. New coins would be issued to bring the price down,” he explained.

But investors appear to be slightly favoring the more proven asset-backed variety which has raised USD 177 million, compared to its algorithmic counterpart that claimed USD 174 million. This can be interpreted as their perceptions of the likelihood of success, with Hileman suggesting there are still questions as to how successful the cutting-edge algorithm-backed coins will be.

Also of interest in the market is the leading cryptoasset investors that have been putting their money in stablecoins, such as Pantera and A16z. Notably, Hileman pointed out that they have in fact been investing in multiple stablecoins. While he says this could show uncertainty regarding the future state of play, it also indicates that perhaps investors expect there to be more than one winner out of stablecoins, ”not a winner take all situation”.

Crypto-asset backed stablecoins

Hileman noted that while 77% of stablecoins are of the asset-backed variety, over half of these use cryptocurrency as collateral.

”That’s pretty exciting because fiat-backed stablecoins such as Tether means that you have to bring a bank into the picture, whereas a crypto collateralized is more trust-minimized arguably… You can see the collateral in the smart contract,” he shared.

Hileman has a full report on the state of stablecoins available on Blockchain.com.

 

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MEP Eva Kaili: ICOs Needed When Banks Overregulate

Member of the European Parliament (MEP) Eva Kaili has revealed that a report on initial coin offerings (ICOs) was being prepared for the European Parliament that would promote their use as a crowdfunding tool.

”We really need [ICOs] when banks are overregulated and projects need liquidity… we must try not to overregulate them and stop innovation,” she said. MEP Kaili made this statement during her keynote address at the ongoing Decentralized 2018 blockchain conference in Athens, Greece.

Following up with Bitcoin News at the conference, she reported that the Parliament had recently facilitated the release of EUR 700 million for startup projects that can show they provide ”great solutions” with blockchain.

However, she did acknowledge the number of scams that certainly exist within the ICO market but believes these can be avoided by properly analyzing the white paper: ”I have seen people buy for the hype but on the white paper, it states they own nothing… Fraud is fraud. We don’t need regulation to stop that.”

MEP Kaili also told Bitcoin News that she believes European countries like France and Malta have the most progressive and effective blockchain legislation, while others beyond Europe are emerging as strong contenders for leadership in the industry.

She said that through her travels, she has seen France impose itself as a significant leader in blockchain regulation, with the country ”trying to proceed very fast”. Malta is also producing progressive legislation, she added. Outside of Europe, both Barbados and Singapore are leading the way, as well as Switzerland which she described as ”a staple one; it has always been very fast in the financial sector to adapt to the changes”.

Discussing her recent legislative work, MEP Kaili that she has just finished the Blockchain Resolution – a work in progress since 2015 when she first became aware and interested in the technology. She pushed for the resolution in the European Parliment after becoming concerned with potential resistance to blockchain from ”the systems that failed us”, referencing the financial systems that contributed to the 2008 economic crisis and her home country of Greece’s own economic turbulence.

Now, Kaili’s efforts are focused on creating non-restrictive regulation for artificial intelligence (AI). She spoke about the potential of blockchain and AI synergy, to which she declared, ”I think will be very exciting.”

On blockchain, she noted that “It can solve problems but not all the problems, I would say it is more of a philosophy”, citing that there were still issues regarding scalability, energy efficiency, and the protection of data, although believes they will be “figured out quite soon”.

The Greek MEP was the keynote speaker at Decentralized 2018 hosted by the University of Nicosia. It ends tomorrow on 16 November 2018.

 

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PR: DECENTRALIZED 2018: Europe’s Premier Blockchain Summit Returns

Bitcoin Press Release: Registration continues for the pioneering Blockchain conference that will take place this year between 14-16 November in Athens, Greece.

26 October 2018 – Milton Keynes, UK – The University of Nicosia (UNIC), the leading global provider of education and research in blockchain technology and digital currencies, invites registrations to “DECENTRALIZED 2018”. The pioneering conference, organized for the first time last year in Cyprus with tremendous success, will take place this year in Athens, between November 14 and 16, at the Divani Caravel Hotel.

This world-class summit will feature 70+ speakers (business executives, academics, and technical experts) from over 50 countries, exchanging knowledge and ideas on the innovative business and political implications of blockchain technologies and cryptocurrencies. Over 20 companies from Greece and abroad will participate as exhibitors, presenting their innovative products and services to 1,000 attendees, mainly business executives, as well as academics, researchers and students.

This year’s conference will engage with the impact of blockchain technology in areas such as financial services, supply chain management, health, public administration, and education. Additionally, there will be thematic discussions on the impact on legislation and the regulatory framework (e.g. GDPR); the formulation of policies at the European level; the social and ethical dimensions of the blockchain; and other key areas. In parallel, the latest technological developments, as well as scientific papers, will be presented, dealing particularly with the convergence of the blockchain with other technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT).

Keynote speakers at DECENTRALIZED 2018 include:
• Jameson Lopp, Infrastructure Engineer, Casa
• Roger Ver, CEO, Bitcoin.com
• Llew Claasen, Director, Bitcoin Foundation
• Peter Rizun, Chief Scientist, Bitcoin Unlimited
• Garrick Hileman, Head of Blockchain Research, Cambridge University
• Eva Kaili, MEP, European Parliament
• Susanne Tarkowski, Founder and CEO of Bitnation
• Spiros Margaris, Fintech expert
• Antonis Polemitis, CEO, University of Nicosia
• Spyros Makridakis and George Giaglis, Directors of Institute For the Future, University of Nicosia
• Welcome addresses by representatives of the Greek government and the business world

For more information and to sign up for DECENTRALIZED 2018, visit www.decentralized.com. Interested individuals and companies are encouraged to register the soonest, as places are limited.

 

University of Nicosia is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only.

 

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