The blockchain is a great success in 2018! - at the Chicago block chain conference.

in #elastos6 years ago (edited)

IMG_7913.JPGThe economic, legal, regulatory and tax issues related to cryptocurrencies were discussed at the block chain conference in 2018, which was held in Chicago on Thursday February 15th. The conference was sponsored by Chicago's leading financial technology company and held at northwestern university's pritzker law school.

The blockchain is a great success in 2018!

More than 600 participants attended meetings on topics such as ICO, bitcoin mining, social and political aspects of cryptocurrency, futures trading and cryptocurrency exchanges. The speakers included Feng Han (co-founder of Elastos), Reggie Midleton(founder of Veritaseum) and John McGinnis(professor George c. dix constitutional law professor).

Dr. Feng is the only Chinese blockchain representative in more than 50 speakers from around the world. He first introduced the research on quantum mechanics and blockchain of tsinghua university, and proved that distributed system is the most effective low entropy system.

Dr Han described Elastos as "an open source operating system that allows a distributed application (Dapp) to run on any device", and later said, "you have your own data". Dr Han believes that data can and will be a wealth creation asset, reinforcing the Elastos mission that "we will turn data into wealth".

As for the future vitality of the cryptographic industry, he stressed that education is the most important. Because of this, Dr Korea help development and create a graduate student in tsinghua university course series "block chain and SmartEconomicandBlockChain in economics. Research and development will continue to be the main focus of Elastos, with the OuKuai Lian research center in Columbia University and potential silicon valley later this year.

At the afternoon meeting, keynote speaker reggio Middleton discussed his own experience in predicting financial crises and cryptocurrency trading. Professor John McInnis provides a social and political framework for cryptocurrencies and discusses some of its potential consequences. In addition to speculative value, the added value comes from relative stability relative to an unstable fiat currency, according to professor McInnis.
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