M^5Wire >> March 23 : Practical Blockchain - Looming Summit - SMTs

in machwire •  last month

Blockchains are becoming increasingly prevalent in society. Many companies now recognize the advantages of implementing blockchain tech. They are in the universities at varying levels. And, most crypto users know that small communities populate corners of the web.

Below are a few thoughts on recent headlines.

TODAY'S COMMENT: Why do corporations seem to be racing to gain a backroom strong hold on blockchain? Certainly would coincide with activity associated with an SEC Summit and G20 chatter.

Overall Crypto Market

There is increasing mention of a crypto spring. Several significant projects/releases seem poised to hit the public soon.

In a word
< practical >

Practical blockchain applications are ever so closer to reaching the general public and impacting daily life.

Main Crypto-specific Players

EOS, Bitcoin, and Ethereum have all been active on the wire. Ripple seems a bit quieter this week, but there are rumblings from the Middle East.

Corporate Influence

IBM wants the world to know it's a leader in blockchain technology. Its connection to a variety of blockchains is interesting.
VISA's crypto job posting makes headlines

Emerging Projects / Issues

Regulation may be a double edged sword, but consider these comments by Bitwise directed toward the SEC:

95 percent of volume on unregulated exchanges appears to be fake or non-economic in nature, an analysis from cryptocurrency index fund provider Bitwise Asset Management has argued in a report dated March 20. https://cointelegraph.com/news/bitwise-tells-us-sec-that-95-of-volume-on-unregulated-crypto-exchanges-is-suspect


The SEC announced that some of its staff will hold a forum on DLT and digital assets on 31st of May. https://www.leaprate.com/cryptocurrency/regulation-cryptocurrency/the-sec-to-hold-a-public-forum-on-fintech-and-blockchain/

Wyoming defined digital assets as property, a legal framework that has implications for discussions with the SEC.

Additional Comments from Today's Flyby

Also, SMTs are supposed to take a step forward this month

I'll let this carry over through the month: US SEC Schedules Public Forum on Blockchain and Cryptocurrency for March 31, 2019.

M^5Wire objectives include:

  • speedy, absorbable read
  • overview/brainstorm of current events related to blockchain, crypto, and fintech
  • commentary and insight that is absent of bias and predictions
  • adds sustainable value to the web and the investigative pursuits of readers
  • considers a global aviation perspective with emphasis on GA economics
*Please see Purpose of M^5Wire for more information.

How Can I Improve?

Hope you enjoyed this flyby. Comments are welcomed, and through this platform, I can assign value to your meaningful thoughts!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @machnbirdsparo! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got more than 600 replies. Your next target is to reach 700 replies.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Carnival Challenge - Here are the winners
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Hi, @machnbirdsparo!

You just got a 0.32% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.