Making Blockchain Real: Week in Review for May 7
This week, BTCMANAGER attended Consensus 2016: Making Blockchain Real in New York City. It was a tremendous event with lots to take in and plenty of opportunities to get up close and personal with some of the key movers in the Bitcoin and blockchain space. Look for some great follow-up articles and interviews as a result of this conference. In the meantime, here are some of the stories that BTCMANAGER delved into this past week.
With contributions from Jamie Holmes and Michael Scott.
Land ownership is evolving to include blockchain technology through a new case model to answer the concerns of landowners. Advancements may prove particularly valuable in many parts of the world where people are unable to secure legal documentation of their land assets. Factom and BitFury are two companies in the space that have ventured into the territory of land registry. In an interview with Daniel Novy of ConSensys, he talks about Regis, built on Ethereum, examining why it can work and the security of the platform.
Luis Molina is the CEO and visionary leader of Fermat, who has set out to create “The Internet of People.” On Tuesday April 26th, Fermat released a landmark white paper articulating the details of their utopian vision. BTCMANAGER was been granted the opportunity to have a one-on-one interview with Molina to discuss Fermat and the ideas, goals and people behind it.
The U.S. Dollar weakened against currencies and commodities at the end of the week as the Non-Farm Payroll, a major indicator of the health of the U.S. labour market, came in below expectations at 160,000 versus the forecast of 200,000. A weak labour market tends to reduce demand for the US Dollar and hence commodities like Bitcoin, oil and gold appreciate. As such, the outlook for BTC-USD was particularly bullish heading into the weekend.