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Global State Panel Discusses Expanding Distributed Ledgers at Distributed 2018

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.

2019 Investments in Crypto and Blockchain Startups at $850 Million

Source: Reuters

According to data compiled by Pitchbook for Reuters, venture capital investment in crypto and blockchain startups has reached $850 million so far this year.

EEA Launches 'Token Taxonomy Initiative'

The Enterprise Ethereum Alliance has announced a "Token Taxonomy Initiative" to develop universal definitions for tokens to encourage their interchangeability across blockchain platforms. Members of the initiative include Microsoft, R3, ConsenSys, IBM, EY, Accenture and Intel.

Gemini Adds Support for SegWit

Source: Gemini

Gemini Trust, a New York-based cryptocurrency exchange, has announced support for Segregated Witness (SegWit) addresses and transaction batching. As a result, customers can now use SegWit addresses for bitcoin deposits and withdrawals, ideally improving processing times and lowering bitcoin withdrawal fees.

Nestlé and Carrefour to Share Product Data With Consumers Via Blockchain

Source: Nestlé

Food producer Nestlé and retailer Carrefour will equip the packaging of a French instant mashed potato product with a QR code that provides blockchain-based data about its origins to consumers. The pilot was developed in conjunction with IBM Food Trust.