Blockchain Crypto Summit took place after Consensus, ending an exciting NY Blockchain Week that got together hundreds of industry leaders, experts and enthusiasts of the space. It was an intense week full of great developments, fascinating projects and exciting news headlines along with the always thrilling, rising cryptocurrency markets.
Blockchain Crypto Summit’s focus was to converge industry experts and discuss some of the issues of the space and possible solutions to it. The two main panels had discussions about the role of decentralization in the world and how important it is for our society. Jeffrey Wernick, early Bitcoin, Uber and Airbnb investor, set the tone with his views on Bitcoin and a decentralized system. As he said in a previous interview for business insider:
“There was a small universe of people that actively worked to keep it alive by continuing to mine and continuing to buy and they were doing it because of the concept that they believed in, and that it’s people’s money.”
The political importance of decentralized systems continued to set the tone and regulations in the USA, which seemed to be a major worry to some of the panelists:
“US regulations are to unclear and make it very hard to innovate, the rest of the world is picking up this regulation gap taking away many projects to places like Berlin, Malta or Korea” – Yossi Hasson, Managing Director, TechStars, Co-founder of Africa’s largest crypto investment-fund, Onchain
The second major panel was set in a lighter tone, with decentralized finance as a major theme.
“Trading is extremely hard and we all know that the average joe will lose money, decentralizing trading with the fusion of Blockchain and AI will be a major stepping stone for DeFi. RoninAi’s ability to self-execute your trades while giving you full access over your assets will be massive” Peter Borovykh, Co-founder RoninAi.
Peter Borovykh went on about crypto trading and its issues giving market manipulation as an example of a disruption to the core of the community and the pockets of traders. RoninAi was previously known for its ability on tracking this phenomenon. On the panel, he announced launch of the execution “black box”, where every retail-trader or investor can have access to Ai signal execution.
Blockchain Crypto Summit was a great opportunity to hear some of the experts of the field and understand their views on the current situation and what is to expect of future developments.
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