It has been called one of the “greatest technological breakthroughs since the Internet.” It also has been called “a black hole” into which a consumer’s money could just disappear. The subject at hand is cryptocurrency—a medium of exchange created and stored electronically, and using encryption techniques to control the creation of monetary units and to verify the transfer of funds. Bitcoin, perhaps the most widely known example, has been a media sensation and an investment fad. But so far this new way of storing and spending value has inspired more debate than actual commerce.
Of course, not all media coverage surrounding cryptocurrency has been positive, with several high profile situations noting Bitcoin’s use in a variety of illicit contexts. Clearly this gives potential stakeholders reason for concern. However, it is our view that this simply highlights the need for constant vigilance and is not necessarily representative of the industry as a whole. We also anticipate that this will change as the industry matures.
At this week’s METal our expert guest speaker Omar Bham will provide an overview of what cryptocurrency is and how much consumers know about it. In addition, he will discuss potential positive uses of this new instrument. Dispelling some of the myths surrounding cryptocurrency, while providing perspective on the promise and positive impact of the blockchain public ledger technology behind it. We also discuss some potential disruptive impacts of blockchain in other areas across the financial services industry.
Omar Bham or his handle is Crypt0 is the top YouTube star on Blockchain and cryptocurrency.Join Report
From August 05, 2017 9:00 am to 12:30 pm Save to calendar