During Distributed 2018, a global blockchain technology conference that brought decentralizing entrepreneurs and technologists together in San Francisco this summer, various panels of thought leaders and industry pioneers assembled to speculate on possible futures for blockchain technology. During one such presentation, journalist Tomio Geron moderated a “global state panel” consisting of Nick Kritikos, global business development executive at ConsenSys; Sheila Warren, head of blockchain at the World Economic Forum; and Brian Behlendorf, executive director of Hyperledger, seeking to hammer out the potential future complications of expanding blockchain technology around the world.
These three experts arrived on the panel from almost totally disparate areas of the blockchain space and, as a result, they each were not only able to hold their own on specific topics in their relative fields of expertise but also to weigh in on each other’s answers when relevant. Points of discussion included the ability for blockchains to disrupt entrenched industries, the difficulties of “form shopping” for friendly legal jurisdictions, the paths of their own enterprises and more.
This specific panel was just one of several high-level topics addressed at the Distributed 2018 conference. For similar videos from the event, visit Distributed’s channel on YouTube.
ETH-USD failed to break overhead resistance in the $160 range. This coincided with a failed retest of the supply and demand channel as the market saw a strongly overbought condition.
We are currently stuck between support and resistance, but it seems very likely that we will see a retest of the low $90s before any potential bullish pressure hits the markets. If, for whatever reason, we begin to rally, we need to see a decisive, strong close above the $160 level before any macro-trend-changing behavior is seen.
Bitfury, a developer of blockchain-based hardware and software products, has announced a new initiative: Bitfury Surround. The project aims to build an open-source platform that streamlines operations in the music entertainment industry.