BitSpread attends Consensus and Token Summit in New York

BitSpread attends Consensus and Token Summit in New York

BitSpread made a brief pit stop to New York this summer to attend ‘Consensus’ (May 22-24, 2017) and the Token Summit (May 26, 2017).

Our first stop was at the New York Marriot Marquis for ‘Consensus’. Touted to be the biggest and most high profile conference as compared to any previous year, it was heavily attended by amateurs, professionals and heavy weights. Clearly, the narrative of rising market capitalisations and introduction of favourable regulations in 2017 for digital currencies and blockchains has contributed to a tremendous interest and inflow of money from newer actors like large financial institutions, multinational corporations and hedge funds.

sessions 1

BitSpread sat down for a 1-2-1 with a number of key players in the field, the digital currency foundations Ripple, Dash, Monero; hardware solution providers Ledger and GEM; and blockchain solutions from Storj to Hyperledger, among many others who we believe will forever change the landscape of the global economy.

sessions 2

An important theme of Consensus was a focus on ICOs (Initial Coin Offerings) and this laid the perfect foundation for our second stop at the widely attended Token Summit. Innovations in access to funding through digital currency allow entrepreneurs to retain and mould their original vision. At the same time we found there to be an emphasis on the scalability or adoptability of these blockchain projects that will create a long-term value for investors in those ICOs. A debate raged around the legal and regulatory framework for ICOs, with the Swiss Government having taken a lead in this regard. Whatever one’s personal views may be, both Consensus and the Token Summit put the ICO definitively on the map. Like it or hate it, one can no longer ignore it.

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