M^5Wire >> March 23 : Practical Blockchain - Looming Summit - SMTs
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.
< 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.
https://www.ccn.com/ibm-crypto-chief-calls-company-the-leader-in-blockchain-technology
VISA's crypto job posting makes headlines
https://www.ccn.com/visa-is-avidly-fishing-for-a-crypto-blockchain-dev-hero
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
Governance
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.
https://www.forbes.com/sites/rachelwolfson/2019/03/22/the-cowboys-got-it-right-wyomings-new-blockchain-laws-will-create-more-jobs-and-capital/#489d4e121bc4
Additional Comments from Today's Flyby
Also, SMTs are supposed to take a step forward this month
https://smt.steem.com/
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
How Can I Improve?
Hope you enjoyed this flyby. Comments are welcomed, and through this platform, I can assign value to your meaningful thoughts!
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