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ROTARY MEETING: Paul Newsome, Crypto Currency
May 23 @ 12:30 pm - 1:30 pm
The last 24 months has seen incredible development in the blockchain industry. We saw two of the world’s largest exchanges introduce bitcoin futures contracts, market capitalization for digital tokens grew over 3000 percent, and over a dozen central banks and many major financial institutions around the world announced their interest in blockchain-based technologies. The transformative possibilities of blockchain technology and the tremendous positive impact that it could have for our economy were front and center in the news and headlines. This past year also brought along another phenomenon – the rise of so-called “initial coin offerings.” Digital token projects and distributions have revealed some of the strengths and weaknesses of the industry.
CHAMBER OF DIGITAL COMMERCE
The Chamber of Digital Commerce is the world’s largest trade association representing the blockchain industry. Our mission is to promote the acceptance and use of digital assets and blockchain technology. Through education, advocacy, and working closely with policymakers, regulatory agencies, and industry, our goal is to develop a pro-growth legal environment that fosters innovation, jobs, and investment.
The Token Alliance is an industry-led initiative of the Chamber of Digital Commerce, developed to be a key resource for the emerging industry surrounding the generation and distribution of tokens using blockchain technology. Comprised of over 350 global industry participants, the Alliance includes blockchain and token experts, technologists, economists, former regulators, and practitioners from over 20 law firms. The Token Alliance develops community-driven guidelines for the responsible development of tokens.