The whole article is about "blockchain this,blockchain that" and not a single word about bitcoin or some other cryptocurrency.They will adopt and use the blockchain for everything,exept for cryptocurrency payments.
Perhaps the New York City authorities don`t want to upset the Wall Street sharks.
Perhaps the New York City authorities don`t want to upset the Wall Street sharks.
Even Wall Street wants to get involved with bitcoins few days back the wall street shuddered and the price well we all know what happened to the price in Bitcoins, I do not think that they would be that annoyed by their statement.
How far have we progressed from New York trying to stomp out the competition by introducing the "BitLicence" and creating a barrier to entry for small Bitcoin Businesses, to them embracing Blockchain technology like this? Some might say that they are backing the competition by doing this and sabotaging Bitcoin once again.
I think, if they open their city to all Crypto currencies and not just some Blockchain based solutions that are endorsed by them, then people would support this endeavour.
I think, if they open their city to all Crypto currencies and not just some Blockchain based solutions that are endorsed by them, then people would support this endeavour.
I do think that this is a fairly good example , they did help the overall blockchain technology and everything it gets accepted step by step therefore I do think that they would slowly start opening the crypto way.
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As part of Blockchain Week NYC, NYCEDC and GrowNYC co-sponsored a hackathon on May 12-13, challenging technologists to use blockchain technologies to create solutions that improve trackability and transparency of the City’s GrowNYC food supply chain, tracking food from farm, to warehouse, to retail outlet, to consumers, especially those in our underserved neighborhoods.
This would not only be good for Corruption!!!!! BUT It would also improve the general state of how the business is handled in these areas. Now people will be able to track , you might just give away with the middle man and the people would be able to connect more with p2p trading not just of cryptocurrencies but also of other goods.
Bumping this in response to Andrew Yang and new york announcing plans to become a cryptocurrency hub.
This announcement of new york launching blockchain initiatives was made in 2018 and appears to have failed.
New york taxes and regulation could be too high to cater to new business and emerging technologies like BTC.
This announcement of new york launching blockchain initiatives was made in 2018 and appears to have failed.
New york taxes and regulation could be too high to cater to new business and emerging technologies like BTC.
I think it is fairly okay at this point since :
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Blockchain is a growing sector in New York City with the potential to create thousands of good jobs. Blockchain job postings increased by more than 800% between 2015 and 2017, according to Burning Glass. In 2017, venture capital investments in New York City-based blockchain businesses grew to over $199 million.
I think this particular fact says a lot.