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BCBusiness + 7 Gate Ventures Vancouver's first major Cryptoassets Conference is expected to attract thousands of business owners and investors on February 13th at Canada Place, where top international industry players will provide crucial information on the present state and future of blockchain and cryptocurrencies. The event will feature over 25 speakers...
Vancouver’s first major Cryptoassets Conference is expected to attract thousands of business owners and investors on February 13th at Canada Place, where top international industry players will provide crucial information on the present state and future of blockchain and cryptocurrencies.
The event will feature over 25 speakers from key companies presenting on the latest blockchain technologies. Keynote speeches will focus on the future of the crypto landscape and panel discussions will delve into the economics, valuation, and underlying technology of the world’s most talked about new asset class.
Karim Rahemtulla, venture capitalist and head organizer of the cryptoassets Conference Vancouver, says that while there is a solid grassroots blockchain scene in Vancouver, this will be the city’s first high-profile blockchain conference.
“We wanted to provide a platform for connecting the Vancouver blockchain community to the global community, as well as a platform for education,” Rahemtulla says. “We’re bringing in global leaders, asset managers, and thought leaders.”
While the first bitcoin ATM in the world opened in Vancouver in October 2013, the asset class still remains a mystery to many in BC.
The cryptoassets conference is geared towards professionals looking to learn more and take away an understanding of how the technology will play a part in industries, as well as an investment vehicle.
Rahemtulla says bitcoin, in the industry, is conceived as less of a currency and more of a store of value, such as a digital gold,’ and ethereum is actually a decentralized computing power a platform for other tokens to be built upon, while blockchain is the underlying technology that solves the problem of double-counting in the computing space.
“Blockchain is a way of making sure there is only one version of this cryptoasset in existence a verification process,” Rahemtulla says.
“There’s a lot of confusion around the space, and we wanted to provide some clarity for the blockchain enthusiasts, but also [for] the professionals
who are on the periphery,” Rahemtulla says.
“We have a really big network of investors who have had the same questions of is this something we should be looking into’?”
Rahemtulla says speakers will discuss what they are working on, and also what they are most passionate about in blockchain and cryptoassets, and that panel discussions will centre around how to value cryptocurrencies, and projections on where they are going in the market.
Another conference panel is based around governance and regulation of cryptoassets, and the BC Securities Commission will also be providing a viewpoint on regulation.
Rahemtulla says that while cryptoassets are part of a global, de-centralized communitythere is also centralized governance, and that questions around what governments can and should do is up for debate.
“This is our most exciting panel, from am global perspective, says Rahemtulla. “We will feature several blockchain start-ups and explore how they are utilizing blockchain technology to better the world.”