CBDCs and COVID-19 Top Agenda in First Two Days of Unitize Conference

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The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of the emerging crypto and blockchain space.

Despite the economic downturn caused by COVID-19, Balaji Srinivasan, general partner at venture capital giant Andreessen Horowitz, said the pandemic will trigger faster crypto and blockchain adoption.

According to Srinivasan, people keen on preserving their fundamental rights will see crypto and blockchain as a viable means of escaping unfavorable government policies.

Speaking on day two of the blockchain conference, Arner remarked that establishing interface points between CBDC projects will constitute a major hurdle for many countries.

Blockchain talk: Adoption and industry growthOn the blockchain front, Singapore continues to establish itself as a hub for the adoption of distributed ledger technology.

On Monday, a group of Singaporean DLT firms showcased a map of the country's blockchain landscape, revealing a 50% growth in the industry over the past year.

Revealed at Unitize on Monday, Anchor will allow users to deposit stablecoins for staking on supported proof-of-stake blockchains and earn passive income.

For Paul Gadi, chief technology officer of Outplay Games, blockchain technology has the potential to disrupt several facets of the gaming industry.

According to a recent report from LeadBlock Partners, funding is a problem for European blockchain firms.

Speaking at the virtual blockchain conference, the venture capitalist and crypto investor advised startups against going public unless their firms are valued above $10 billion.

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