Corporate Finance News

Mardi 17 Mai 2016

10 Quotes That Defined Consensus 2016

Held one week ago in New York City, CoinDesk's Consensus 2016 blockchain conference brought together speakers from all over the world to unveil new products, discuss the major issues of the day and begin to help plotting a course forward for the future of the industry.

The biggest moments? From Delaware Governor Jack Markell's announcement that his state is to seek a legal classification for blockchain shares to 21 Inc CEO Balaji Srinivasan’s unveiling of a major software suite aimed at creating a bitcoin-based economy, Consensus 2016 saw its fair share of big ideas – and those pitching them.

But with so many leaders in the same place, not every quotable moment happened on the main stage.

Below are just a few of the memorable moments when panelists and speakers went on to steal the show in some very unexpected ways.

1. "Distributed ledger shares hold the promise of immediate clearance, immediate settlement and bring about dramatic increase in efficiency and speed and an increase in commercial transactions of which Delaware is known."

During his keynote address, Governor Markell spoke about his plans to make the state – already known for being friendly to those looking to incorporate – into a blockchain-friendly state, too.

Telling attendees that the state had no current plans to pursue a licensure scheme for digital currency companies akin to New York's BitLicense, he added that the government would push for the creation of a new type of corporate shares, dubbed "distributed ledger shares", to help promote adoption of the technology as a tool for securities settlement.

2. "Standardization is one of those things that people, and business people especially, like to talk about. It's a bit removed from the standardization needs of developers. I sometimes think, 'Okay, where do we even start? How do you even know what kind of standardization are people looking for?'"

Speaking during a workshop about blockchain standardization, Ethereum creator Vitalik Buterin distinguished between...

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