On the final day of the St. Petersburg Conference on World Affairs, two local experts broke from the mold of discussing the world’s problems, focusing instead on emerging global opportunities through blockchain technology.
As the international conference came to a close Friday, St. Pete Catalyst publisher and Metacity Head of Network Joe Hamilton took the stage at the University of South Florida St. Petersburg with BlockSpaces Co-Founder Gabe Higgins. In addition to those inside the ballroom, organizers announced a global streaming audience of 2,500 for the second-to-last presentation of the four-day event, breaking the previous record by 500 viewers.
The discussion explained how blockchain technology, cryptocurrency and decentralized finance are rapidly changing the landscape of international business. Higgins, whose Tampa-based blockchain integration platform raised over $7.25 million in venture funding in less than a year, put the precipitous adoption of Bitcoin in perspective.
“It took Apple – the largest company in the world as far as market capitalization and value – it took them like 24 years to get to the trillion-dollar in value mark,” he said. “Facebook, it took them 18 years to get to a trillion dollars of value.
“But Bitcoin, it took Bitcoin 12 years to get to a trillion dollars. It’s growing faster than the internet itself did in the ’90s.”
Bitcoin and blockchain technology are intrinsically intertwined, as the alpha crypto was the first to apply the innovative data structure in 2009. By 2014, people began to realize blockchain’s potential in global financial and inter-organizational transactions.
Continue reading: https://stpetecatalyst.com/security-through-transparency-how-blockchain-is-changing-global-business/
As the international conference came to a close Friday, St. Pete Catalyst publisher and Metacity Head of Network Joe Hamilton took the stage at the University of South Florida St. Petersburg with BlockSpaces Co-Founder Gabe Higgins. In addition to those inside the ballroom, organizers announced a global streaming audience of 2,500 for the second-to-last presentation of the four-day event, breaking the previous record by 500 viewers.
The discussion explained how blockchain technology, cryptocurrency and decentralized finance are rapidly changing the landscape of international business. Higgins, whose Tampa-based blockchain integration platform raised over $7.25 million in venture funding in less than a year, put the precipitous adoption of Bitcoin in perspective.
“It took Apple – the largest company in the world as far as market capitalization and value – it took them like 24 years to get to the trillion-dollar in value mark,” he said. “Facebook, it took them 18 years to get to a trillion dollars of value.
“But Bitcoin, it took Bitcoin 12 years to get to a trillion dollars. It’s growing faster than the internet itself did in the ’90s.”
Bitcoin and blockchain technology are intrinsically intertwined, as the alpha crypto was the first to apply the innovative data structure in 2009. By 2014, people began to realize blockchain’s potential in global financial and inter-organizational transactions.
Continue reading: https://stpetecatalyst.com/security-through-transparency-how-blockchain-is-changing-global-business/
