This interview has been edited and condensed. Cointelegraph had the opportunity to speak to ConsenSys’ Ajit Tripathi at BlockShow Europe 2018 about his experience leaving Wall Street for the crypto world, what new ConsenSys projects he’s most excited about, and why crypto regulation changes from country to country. Molly Jane: Could you tell us a little bit more about what ConsenSys does and what your role is there? Ajit Tripathi: ConsenSys is a venture production studio based in Brooklyn, and now we have offices in London, in about 30 countries, including London, Paris, South Africa, Australia, and Singapore — we're …
Kathryn Haun, board member of Coinbase and HackerOne claimed that cryptocurrency and blockchain will not see regulation for years, Techcrunch reports May 31. Haun made her statements on regulation at the Code Conference in California today. Haun drew parallels between the internet and crypto, claiming that the in the early days of the internet, users called for one single regulatory body, which never took place. As per Haun, crypto and blockchain are following the same scheme of the development. She further pointed out that if regulation would have been developed a year ago, it would already be outdated due to …
Throughout history, the thoughts and perceptions of the masses have been shaped by leaders of politics, industry and entertainment. The greatest minds of our time have often predicted and touted some of the most prolific innovations. Lended the support of these voices, these very innovations have shaped the way the world works. Internet A prime example would be the Internet. The technology revolutionized communication in the 1990s and led to a surge in investments in Internet-based companies. What followed is now known as the dotcom bubble - a rapid rise in equity born out of speculative investing in these dotcom …
In his Declaration of the Independence of Cyberspace John Perry Barlow wrote, “Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind.” “On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather.” Yet today, the Internet is highly centralized and under the thumb of few governments and corporations. USA Today cited the research firm Forrester as saying that Amazon alone controls 42 percent of the cloud market by revenue. Then there …
Blockchain technology has the potential to disrupt and overcome all technological boundaries. Its inherent characteristics have made it much desired within several industries where data management is of utmost importance. Fundamental aspects of the technology that underpins cryptocurrencies and assets are causing people to re-imagine and then enact new ways of creating and exchanging value online. Almost every industry is experiencing some form of disruption in terms of how data is managed. Some of the qualities of the Blockchain that has endeared it to most technological processes include: Immutability Information stored on the Blockchain cannot be changed. Therefore, the need …
As we approach the highly anticipated BlockShow Europe 2017, Cointelegraph has met with Charlie Shrem, one of the twenty big-name speakers of the event, to discuss the hottest Blockchain news. However, one eyewitness is better than two hear-so's, as they say, and therefore we’d recommend to grab your conference tickets already now before they get pricey and/or sold out. But for now, let’s do a recap of the Blockchain-related stories that have surprised us the most in the last few weeks. A very confusing story of one “Blockchain-inspired” consortium After $59 mln research R3 Consortium, which was originally designed to …
Whether Bitcoin would be a better option for the southern African state of Zimbabwe to adopt as an alternative method of payment or not has triggered an online discussion this past week. It follows the news that Zimbabwe will soon print its own version of the U.S. dollar as its economy suffers a severe US dollar shortage. On 4 May 2016, Governor John Mangudya of the Reserve Bank of Zimbabwe (RBZ) announced that the government will later – possibly this month - issue bonds with a total value backed by a US$200 million Africa Export Import Bank (AFREXIM) facility. Africa …